Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[kurious]

@kurious Nice, thanks. All looks good to me apart from the 10K limit. Do bitcoin withdrawals count against that as well?

(protip - its really easy to up the daily withdraw limit to 100K or 250K (probably more but never tried) simply ask, and yee will be granted, there is an option to increase limits in the withdraw section)

You beat me to it, there was indeed an 'increase your limit' link by the daily limit, I should have said.  I assume 'ask and ye shall receive' to be the order of the day - I just haven't tried yet....

EDIT: Doh! I really shouldn't reply to posts before I have actually caught up on the thread.  It's just so busy here right now.  

[vapourminer]

Teslas will have zero long term resale value.

Tesla Owner: "My car is only 5 years old and the battery went bad! What do you mean that you no longer have a replacement OEM battery that fits my year model??? "

What about stocking up on batteries? Not sure what they cost, but if that's the only issue then those things could last longer than traditional cars. Not sure about the economics of this though.

replacement battery packs will everywhere, just look at how many places you can get oem compatible batteries for UPSs cell phones etc. unless telsa has some security chip/thing thing going, havent bothered to find out.

since ive blown so many engines, transmissions, and assorted drive train components the simplicity of an electric motor at each wheel appeals to me. and having 100% torque at zero RPM is killer.

[Last of the V8s]

wasn't there an Israeli ev startup with sorta hot swappable batteries
drive in the shop. they swap, drive out. 10 mins

edit ahaha no https://www.fastcompany.com/3028159/a-broken-place-better-place
a tad early. lessons to be learned. etc

[Yaplatu]

BTC dump... But why ?



Ok ...

[Last of the V8s]

haven't had a decent dump all month

[EatonABooger]

haven't had a decent dump all month

Yea.  me too.  this market is causing a great deal of sphincter clenching

[LFC_Bitcoin]

BTC dump... But why ?



Ok ...

[El duderino_]

@BTCMILLIONAIRE thats a whole lot of tasting before understanding whisky, going to try it but i guess for after the holidays.... THX for the post

[dutchlincoln]

Don't worry, BTC is not going so low. My prediction is that December will be a real struggle, afterwards, the price will begin to recover, whales would probably use mass media to pump the price by consecutive good news.

There's the old investment wisdom, saying you should sell when you hear about an investment at your hairdresser (sorry, I can't find a literal quote to add as a reference). At the end of last year, one of my nieces wanted to buy Bitcoin. That would have been the perfect cue to sell!
There's another old investment wisdom: "the time to buy is when there's blood in the streets" (Rothschild), "even if the blood is your own". Currently, the "Bitcoin is dead" news is stronger than I've ever seen. Based on this old investment wisdom, that would make it the time to buy now.

Note: I don't give investment advice, I'm not buying, I'm not selling. I'm just enjoying the ride up, crying the ride down

If i recall correct, it was actually Rockefeller who said it, not the rothchild(s)

[El duderino_]

when moon

[vapourminer]

@BTCMILLIONAIRE thats a whole lot of tasting before understanding whisky, going to try it but i guess for after the holidays.... THX for the post

jack daniels old no 7 was the go to for me back in the day, guess im just a barbarian.

[LFC_Bitcoin]

when moon

[dutchlincoln]

when moon

I prefer a Rolls.... Does that count as well? 

[jojo69]

Tesla Owner: "My car is only 5 years old and the battery went bad! What do you mean that you no longer have a replacement OEM battery that fits my year model??? "

All Tesla batteries are are a mountain of Panasonic 18650s bunched together. They're slightly larger than an AA battery.

If your battery dies, order thousands of them from Ebay and the family Christmas can be spent with everyone stuffing them into the battery tray. Should be done by New Year.

The battery longevity stats are actually seriously impressive. There are 200,000 mile cars with about 85% capacity left.

It's the software side of things that's more of a concern, especially if your car is 'blacklisted' for a non official repair. I don't think people will take too kindly to the cloud esque form of 'ownership' compared to the traditional one when it comes to cars.

I am not among the Tesla haters, I think they are pushing the tech in a good way, do be aware what happens when a large lithium chemistry battery decides to combine with oxygen however.

https://www.youtube.com/watch?v=WdDi1haA71Q

[BTCMILLIONAIRE]

@BTCMILLIONAIRE thats a whole lot of tasting before understanding whisky, going to try it but i guess for after the holidays.... THX for the post

If you drink regularly it will probably be quicker for you. I normally only partake in the herb, especially during the time I started my experiment. No drinks for years beyond 2-3 days per year when some friends had their birthdays or came on their rare visits, so it probably took me longer to adjust to the taste of alcohol than others.

[d_eddie]

My bcash-ABC short is getting prettier. Its prettiness doubled in 24 hours. Wish I'd had the foresight to short harder.

[Torque]

OT:
https://www.cnbc.com/2018/12/04/cramer-this-sell-off-was-caused-by-a-computer-driven-footrace.html

"Here's the problem: there are now so many hedge funds using the same algorithm, same programs [that] there simply aren't enough investors willing to take the other side of the trade. If we all know that stocks go down on certain triggers, then who the heck would want to buy stocks?" Cramer said.

"That's how you get a day like today, where the market goes into free-fall," the "Mad Money" host continued. "When the percentages are against you and the algorithms are in charge, ... nobody wants to try to be a hero and bet against them."

It's like ol' Jimbo is literally confessing to the market manipulation via algos. And is it really any different in the Bitcoin market? I don't think so.

[El duderino_]

[El duderino_]

[empowering]

I feel a little bit of anti doom coming on ...

sigh

Cruel tricks  

(Currently $3867)

Cruel cruel tricks