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

[mOgliE]

Guys.

I hate to admit this.

I'm starting to get the fear.

Looking into my crystal ball, I see 2019 filled with nothing but continued languid misery.

I'm thinking of just tuning out for all of 2019 and devote it entirely to personal projects. (Continue to run my LND note, tho. Might just fund it some more...)

2018 really took a lot of wind out of my sails. Absolutely exhausting.  

Wish I could just put myself into a medically induced coma until some-time mid-2021.

Brace yourself because 2019 won't be much better.

Price will continue to go down. Projects won't go anywhere. Investments will be thin.

Next halving is in 2022, so expect a poor 2019 (but not as horrible as 2018), a somewhat good 2020, a great 2021 and an awesome 2022.

Halving means natural price increase, communication, easy FOMO and growth.

Forget me. It seems i'm tired and I say shit. It happens.

So, hands firm, don't shake and hold your breath for a bit. Better times ahead

PS. What are you talking about funding your LND note?

[1714057718]

1714057718

[LFC_Bitcoin]

Next halving is in 2022, so expect a poor 2019 (but not as horrible as 2018), a somewhat good 2020, a great 2021 and an awesome 2022.

Halving means natural price increase, communication, easy FOMO and growth.

So, hands firm, don't shake and hold your breath for a bit. Better times ahead

PS. What are you talking about funding your LND note?

No it isn’t

[birr]

I would probably choose a not so far date (ie less than a year ahead) so I could go all in into longing/shorting. As majormax says, in the interim of long term many things can happen.

Like a margin call.
Leverage out the yin-yang and then, the gods of the market lower the boom on your sorry ass.
Bye-bye, birdie!

[mOgliE]

No it isn’t

Thanks for pointing out that I'm a moron getting confused between halving dates and presidential elections dates.

Though it probably means I see halving as more important than presidential elections of my country...

Says a lot about my faith in BTC... Or politics!  

[d_eddie]

I would probably choose a not so far date (ie less than a year ahead) so I could go all in into longing/shorting. As majormax says, in the interim of long term many things can happen.

Like a margin call.
Leverage out the yin-yang and then, the gods of the market lower the boom on your sorry ass.
Bye-bye, birdie!

Indeed. Being able to peek at a future price point means little if we can't see the trajectory.

[wachtwoord]

How do you know they haven’t been accumulating for months?

I don't but that would still make the news article wrong as its says Russia is going to buy, not has accumulated

Either way the article is BS.

[realr0ach]

Isn't coinbase blacklisting coins?

To survive the Jewish Kalergi plan and war against physical metals utilizing centralized, valueless, digital shitcoins, one must become war.

[Elwar]

Feel the need to drop the beatz..blow it up.  

https://www.youtube.com/watch?v=Z2cKXeShAP4

We have 3 mooring balls. One on each anchor line.

----------

I'm out at the site. Moored up for the evening after getting the spar anchored.

Are you going to just visit or to live/sleep there in the seastead?

I really can't even imagine how it would be to live in it. Eager to hear your comments on the real life experience.

My gf and I will be living there. We will be doing plenty of blogging and updating.

I created http://www.seasteadtalk.org for discussion of seasteading.

+5 WOsMerit's

Any mooring balls available? Might have to swing over and check it out once your settled.

[Elwar]

I'm out at the site. Moored up for the evening after getting the spar anchored.

Are you going to just visit or to live/sleep there in the seastead?

I really can't even imagine how it would be to live in it. Eager to hear your comments on the real life experience.

My gf and I will be living there. We will be doing plenty of blogging and updating.

I created http://www.seasteadtalk.org for discussion of seasteading.

Are you in international waters or are you under a certain nations laws? How do you bank and when not using crypto what currency are you using? I am guessing that hotspot has a bill paid somehow.

We're only 12nm from Phuket Thailand so fairly close to anything we need. My gf fills up our Internet with her Thai bank account. I fill the account as needed via bitcoin exchange.

Food and Internet should be our only expenses. And we hope to catch/grow more food over time.

But Thai food is cheap. I want to put a big smoker in the big spar.

[Elwar]

I created http://www.seasteadtalk.org for discussion of seasteading.

i tried to register but got an error.

EDIT: nevermind tried again and got in.

for me, one aspect of a seastead is the isolation from supplies. living in the boonies i tend to have everything needed to survive for several weeks with absolutely no dependencies on the outside world. well within some practical limits. so i would have backups (sometimes several) of all critical infrastructure, tools and parts to repair most things along with a small machine shop, above average medical supplies, and overkill on monitoring equipment for environment and systems status. like, lots of stuff like that. i live in the boonies, and ive learned that if you dont have it with you, you dont have it period. simple enough thing but when the stores are a dozen miles or more away in rough seas for unknown period of time thats the same thing. so any seastead i design will be pretty big. living quarters would be a small part of it. command and control will be as redundant and as state of the art as i can make it, after all, when you get down to it this is a sea going vessel that my life will depend on. so costly for the specs that i am comfortable with, which are admittedly above specs a typical seasteader may have.

dont get me wrong, the isolation and self sufficiency is a good thing for me, but a lot of planning goes into that. its not just the base platform which worries me, you guys seems to have those problems licked. its the rest of it that i worry about. ive learned to only trust critical infrastructure that either i design and build, or is so well proven i can adapt off the shelf items for my use. i have no intention of getting into some life threaten situation that i could have avoided because i skimped on kit loadout.

We're about 20 minutes to the closest restaurant by speed boat. 30 minutes and a ride through traffic to the nearest hospital. Where I lived before it was usually an hour drive in traffic to the main shopping area so you just go a few times a week or less.

Though I am in the process of buying a small sail boat. It has an engine and I'll add an outboard for redundancy. Plus the sail. So a liesurely ride into town could take an hour or so.

[realr0ach]

But Thai food is cheap. I want to put a big smoker in the big spar.

Get one of these:

https://www.gosun.co/products/gosun-grill

https://www.gosun.co/products/gosun-sport

And don't buy an outboard as backup for an onboard sailboat.  Buy a dingy with an outboard and sit it on the deck.

[mOgliE]

PS. What are you talking about funding your LND note?

I currently run a "popular" LND node that I have personally funded with x BTC across numerous channels. I was thinking of adding additional funds to my node, and establishing some higher-funded channels, in addition to what I've already established.

Start screwing around with channel policies and routing fees, and other extremely esoteric lightning related crapolla.

Balancing channels is extremely unpleasant at present. Trying to gain a better understanding of it, and it's becoming clear to me there is not a simple way to handle it, given the current UX/UI.

The closest natural analog I can make to managing a busy LND node is dumping our your channel info, and manually start going through each channel - one-by-one - adjusting the policies, as if I was going through tending my garden for weeds, and plucking weaker plant shoots.

Very tedious.

That sounds... Interesting.
And I like any project related to BTC right now, world seems dead.

Do you have any ressources to share? Explanation links? For a big fucking noob like me?

[El duderino_]

Feel the need to drop the beatz..blow it up.  

https://www.youtube.com/watch?v=Z2cKXeShAP4

We have 3 mooring balls. One on each anchor line.

----------

I'm out at the site. Moored up for the evening after getting the spar anchored.

Are you going to just visit or to live/sleep there in the seastead?

I really can't even imagine how it would be to live in it. Eager to hear your comments on the real life experience.

My gf and I will be living there. We will be doing plenty of blogging and updating.

I created http://www.seasteadtalk.org for discussion of seasteading.

+5 WOsMerit's

Any mooring balls available? Might have to swing over and check it out once your settled.

Didn’t read much today, very busy for a change, gonna look into this seasteading, I like the idea, not sure if its really something for me, to permanent sea living.....
But I Will read your experience with much curiousity, keep us updated.....
Maybe I cruise by with one or other speedyacht when I’m on my way to BOB’s
100K party
Probably I’ll be cruising towards there with a few EU WO members on board
HOPIUM shot of the day

But seriously it does look cool, keep us updated and make the best of it

[El duderino_]

Also just read small BOB post

@BOB don’t you dare leaving us!

[El duderino_]

Coming back from holidays I see nothing changed around here.
Bearish then  

Where have you been.... good to have you back

[bitcoinPsycho]

Isn't coinbase blacklisting coins?

I'm such a boring retard. Please give me attention so I feel important

There you go

[kenzawak]

Visiting Hong Kong.
There are about 30 ATMs here and a few places where you can pay in BTC.
Here in Kowloon, on Chatham Rd.

[kenzawak]

[kenzawak]

Who needs that part ?

[mOgliE]

Thanks for the share kenzawak.

You know, now that I think about it, universality is also a good real word use of BTC.

Rather than paying your bank everytime you want to get money in another country than your home region you can simply pay in BTC! Or at least use BTC ATM.

I remember that visiting Hungary I paid about 8% of fees jsut to change from euro to Florint. Because you had first to cash out (5% fee) then to convert (3% fee).

So using BTC in this situation is actually pretty nice!