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

[Ibian]

3 and 9. A week is enough for a divorce, right? Easy money.

[1714157953]

1714157953

[1714157953]

1714157953

[1714157953]

1714157953

[1714157953]

1714157953

[1714157953]

1714157953

[jbreher]

How is your morning, Gentlemen ?

All is well from 30km east of Carolina.



Only worry today is finding a sports bar where the wife can watch the super bowl. We'll watch it again when we get back home. For accordingly experience hath shewn that the super bowl in PR is accompanied by local commercials, rather than the creativity fest shown back on the mainland.

Imagine that... watching TV for the ads. Whatta life.

Jbreher, are you scouting it out for residency?

In a word, yes.

I don't know how productive the trip will be. I've never before scouted an area for residency. But the special cap gains treatment demand investigation. Perhaps most importantly during a down market.

One week here on the east side, next week on the west side. We shall see what we shall see.

For the time being, yo soy Boricua!

Enjoy!
I've been interested in PR for the same reasons.

The western side of the island sounds more appealing to me. And I've heard there are a lot of Americanos in Rincon. One thing that worries me is that my brother's friend, an FBI agent, said it's fairly dangerous in PR, and kidnapping for ransom is remarkably common. The official crime statistics are cooked (like most places, I'd guess) to make PR look safer. OTOH, I'd assume most of crime is relegated to the San Juan area.

Well, I'm going into this eyes wide open. I am aware that crime is statistically high here. One of the components of the mission is to try to scope out which areas may be somewhat safer than others. So far, I've not felt unsafe. Other than on the roads - these peoples drive crazy-like.

Another issue is the lack of some American staples. A friend of a friend launched a successful ICO, based in PR. He said a few of their employees (from the mainland) couldn't handle the change. For one in particular, the final straw was when he found it impossible to get ahold of a roast beef sandwich. 

Well, if your life is going to be dictated by what is available grab-and-go... There's beef in the supermarkets - one could make one's own. There's also pre-packaged roast beef - as in chopped/pressed/cooked/shaved variety. They have KFCs by the dozens, but I don't recall seeing sister Yum brand Arby's anywhere. Though I assume for such a person, Arby's doesn't have roast beef sandwiches either.

Mystifying is the limited selection of TexMex ingredients - tortillas, shells, salsas, etc. It's available, but only one or two items in each category. OTOH, there is almost Hawaii levels of variety of Spam. Go figure. Navy influence?

[bitserve]

9 and 1 (probably).

Reasons:

9. Who doesn't want to live forever?

1. I can perfectly start with one coin and use all the knowledge of the past 6 months to make an immense wealth banking on every short term trade I remember. I am assuming this choice is some sort of 6 months time back machine. Maybe I am misunderstanding the wording.

In other words, immortal and filthy rich.

[megadeth]

Well, if your life is going to be dictated by what is available grab-and-go... There's beef in the supermarkets - one could make one's own. There's also pre-packaged roast beef - as in chopped/pressed/cooked/shaved variety. They have KFCs by the dozens, but I don't recall seeing sister Yum brand Arby's anywhere. Though I assume for such a person, Arby's doesn't have roast beef sandwiches either.

Mystifying is the limited selection of TexMex ingredients - tortillas, shells, salsas, etc. It's available, but only one or two items in each category. OTOH, there is almost Hawaii levels of variety of Spam. Go figure. Navy influence?

Arby's is not part of Yum brands. It is owned by Inspire Brands.

[jbreher]

They have KFCs by the dozens, but I don't recall seeing sister Yum brand Arby's anywhere.

Arby's is not part of Yum brands. It is owned by Inspire Brands.

Well, there you go.

I coulda sworn I'd seen locations coupling the two. (not here, of course) Probably just misrememberating.

[kenzawak]

Davos WEF Crypto/Blockchain Wrap-Up

https://traderschat.io/t/davos-wef-crypto-blockchain-wrap-up/64

"At all, attendees were positive about tech and continued pushing the idea of «blockchain over cryptocurrencies.
...
40% of Investors Believe in Blockchain
...
Focused on real-life challenges, issues, and potential solutions, speakers mentioned various advantages including accelerated insurance claim payments, improved access to health records, enhanced targeting, and next-gen security for sensitive patients’ data.
...
Circle CEO Claim That Crypto is Essential
...
Jamie Dimon also noted that he really likes the idea of blockchain
...
The WEF faced a wave of criticism from the industry representatives, famous economists, and managers. Some of them blamed both blockchain and digital currencies while others focused on digital assets only
...
Despite these opinions, the overall attitude was pretty bullish as experts were optimistic to blockchain as a growing promising technology."

[El duderino_]

As a beer drinker.... you ever drunk Stella?
...
But as for beer, Stella ain’t that bad

 I don't have anything at all against Stella as a beer. I buy it often enough, and quite enjoy the beverage.

 I recognize that Jeff got involved with whatever fresh water initiatives Stella supports, but it just spat in the face of true Lebowski fans out there, IMO.

Yeah it is strange to go and drink stellar in lebowski character :/

[El duderino_]

STELLA NOW!!!!!!

[El duderino_]

If Bitcoin is a new form of life:
* Electricity is its food
* The Internet is its circulatory system
* Miners are its hearts
* Blocks are the heartbeats
* Full nodes are the white blood cells
* Human participants are the brain cells

https://twitter.com/lopp/status/1092485253636055040?s=21

[El duderino_]

via Imgflip Meme Generator

https://twitter.com/redditbtc/status/1092481441097748480?s=21

[goldkingcoiner]

What do you guys think of the avatar I made for my ICO?

[DeathAngel]

Man, this thread has gone quiet. I guess it just relects the bitcoin price atm - dull with not much movement.

[sirazimuth]

What do you guys think of the avatar I made for my ICO?

Brave fellow to be asking that in here....

.... more lame than Stephen Hawking without his wheel-chair.

I'd say fairly lame even with his wheelchair... seeing how he's dead....

[JayJuanGee]

https://twitter.com/APompliano/status/1092118835375861762

Yes.  1% has been a conservative recommendation that a lot of BTC HODLers have been suggesting to nocoiners for years, whether the BTC price is up or down.

Of course, each of us BTC HODLers have had differing approaches, and differing ways to present what we believe to be prudent BTC HODLing, accumulating and investing.  Personally, I have suggested a range of prudence for BTC percentage to be targeted between 1% and 10%.  Of course, there are BTC HODLers who have been more aggressive in their personal approach by allocating much higher amounts towards BT , which, historically, has large paid off as long as such more aggressive persons have been able to HODL through decently long periods of bear markets (which can certainly be trying), and surely, such more aggressive approaches would not necessarily pay off if a decent amount of fiat cashflow and expenses (including possible emergencies, which are nearly inevitable to happen over long periods) are not accounted for over such longer possible bear market (BTC price correction) periods.

Even though past performance do not guarantee future results, I think that if any of us BTC HODLers are speaking with nocoiners, we can continue to confidently recommend 1% to 10% BTC allocations as continuing to be prudent, while at the same time attempting to make clear that each person has to take responsibility for their own BTC allocation decision(s) because no investment is risk free, even though BTC continues to seem like a nobrainer to a lot of us who have studied the space in recent years and decided to take a decent stake into what we believe to be its likely future success.

[Gyrsur]

What do you guys think of the avatar I made for my ICO?

the pen should move faster otherwise people to easily will find out the whole thing won't work.

[goldkingcoiner]

What do you guys think of the avatar I made for my ICO?

the pen should move faster otherwise people to easily will find out the whole thing won't work.

Slower? I made it slower.

Also not a pen but a 3-D printer.... Give me some slack, yesterday I did not know how to summon dark magic moving pngs...

[JayJuanGee]

I am a little bothered by the way some bitcoin folks have perverted the original statement that really came from Ronald Reagan, which was "trust but verify."  The current bitcoin maximalist statement that is circulating around, including coming frequently out of the mouth of Max Hillerand is "don't trust verify," which to me says something quite different from the "original": "trust but verify."

Either of them work, essentially you can trust that the transaction has been sent but verify it for proof.

Yes.  Agreed.  If any BTC transaction is relatively small, such as a coffee, and even perhaps decently small retail transactions of less than $50, there might be some confidence to NOT rely upon any confirmation before allowing the transaction to take place without necessarily knowing the BTC sender.  On the other hand, a lot of merchants, and I changed my practice in this regard too, wait for at least 1 confirmation if the transaction is hundreds of dollars or more. Of course, if you are transacting with several thousand dollars (maybe $10k or more, depending on risk tolerance), and an unknown person, then waiting for 3 to 6 confirmations would give the greatest assurance before releasing the non-BTC end of the transaction.

In other words, when dealing with strangers, the higher the stake the more incentive for the other person to cheat, but most regular people do not cheat on a regular basis, but some regular people still might end up cheating (and not do the right thing) if they were accidentally left with a windfall situation that causes them to receive a decent amount of possibly untraceable and irreversible value.  Some people will not do the right thing, even though they may have never been left in such a power position to test how they would react.

I have one personal Localbitcoins story, in this regard.  About a year ago, maybe a little less than a year ago, I had conducted a cash transaction for about half of a bitcoin around $7k.  For some reason, I had miscalculated and gave the person $600 more than what was the current price (So in that situation I gave the person $3,800 rather than $3,200 - something like that). 

I caught the mistake about 10 minutes after the transaction, and after the person already had left the transaction location with the extra $600 that I had given to him.  Neither of us had intended such a situation, he acknowledged the mistake, and after I repeatedly texted him, and even offered to go to his location to retrieve the $600, he did not do the right thing of returning the $600 to me. 

He also began to call me names in what seemed to be a kind of rationalization for him to keep the $600.  Anyhow, I consider that person to have been a regular person, and even that he had rationalized in his own head that he was correct to keep the extra $600 that I had given to him (windfall), but I still believe (my assumption that people who you meet in person are usually honest) only a minority of people would have kept the $600 in that particular situation... but the real test remains getting into the situation, and test of character about whether you personally do the right thing when given an opportunity to nearly anonymously profit.

[Gyrsur]

What do you guys think of the avatar I made for my ICO?

the pen should move faster otherwise people to easily will find out the whole thing won't work.

Slower? I made it slower.

Also not a pen but a 3-D printer.... Give me some slack, yesterday I did not know how to summon dark magic moving pngs...

bro, faster! I told you so.

[sirazimuth]

... You know... I'm near certain I have rationalized - in my strangely-warped mind - that I'm OK with wiping Satoshi's Place with some friendly WO Thread-related messaging, just entirely for the lulz, on the first day of a new month ...

Kinda fun. Never wiped the board before.

I'm waiting for Banksy to show up there...
then copy pasta before its erased.
I'll make a $million....

[Bitcoinaire]

Transactions per day back to November 2017 levels.

https://bitcoinvisuals.com/chain-tx-day