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

[El duderino_]

Fucking IRS.

Got our final numbers from the accountant, and this is the first time, in a long time, that my bill way higher than Ricks, owing to setting up my early retirement fund by selling off the BTC I did during the dying gasps of the bulls being devoured by the bears in late 2017/early 2018.

Rick suggested he would contribute $x towards my obligations, in exchange for $y Bitcorns. Think I'm going to take him up on the offer to preserve part of my cash stash, and cover my Q1 estimated taxes instead with the leftover liquidity, and put the rest back into a fund, somewhere.

At least this way, Bitcorn stays in the family, and would help towards his retirement plans if we have a couple more months of green dildos.

Also, today marks two weeks of being officially dry. I'm genuinely beginning to enjoy the clarity. feelsgoodman.

- yes good, keep the Corn in the fam. and work stuff out.... perfect.

-I do cheer for you to be dry for over 2 weeks, though you should be able to manage the drinking to be occasionally, over dinner evenings or @a Bday etc just skip the 5,6,7 beers a early morning everyday and you should be fine. Just don't forget to give yourself something from day to day as a reward ( like sometimes a fine wine over dinner, or a glass of bubbles to celebrate some dildo's etc)

[El duderino_]

SIDEWAYS we go!

watching a bit forward in time...

Gyrsur posting 10 of those gold bars equals 12.5-20ish  BTC

[bitserve]

https://ocean.builders/april-15th-initial-seastead-offering/

Maybe you can have 2 or 3 seastead apart from the set of owners, just to rent.
On a platform like airbnb, it may be another form of profitable, probably always have reservations.

I just had a group come out here last week to visit the seastead. One of them wants to do exactly that.

He wants to set up a SeaBnB on a few of these and get about 10 people to go in on one to split the cost/profit. He's figuring a 65% occupancy rate over 3 years pays for itself.

The configuration would be just a bed and bathroom instead of the standard which comes with a kitchen.

We also have a big investor that wants to set up an underwater restaurant. People visiting the restaurant will want a place to stay the night. We're figuring a capacity of 40 high end customers.

Maybe I am completely wrong, but that looks like a great idea. I see way bigger target on people looking for temporary / adventure experience than people permanently living on it. And additional services/experiences like that underwater restaurant also seem like a great enhancement in that path.

There's many people in the world with pockets full of money looking for new experiences and able to pay whatever for it than those same people leaving their mansions to permanently live in a confined space in the middle of the sea. Not to mention the amount of youtubers/bloggers that could find that a great experience (for a brief period of time) to fully document on their social networks. Add to that the "pioneering" aspect of it and you have a great marketing proposal.

[BTCMILLIONAIRE]

Since you're already active in that area, would you mind answering a few questions regarding seasteading for me? The responses can be however brief since this won't be immediately relevant for quite a number of years to me, but I'd like to sketch out some future options regardless.


Is it plausible to create a small seasteading property on which you could have some sort of outdoor space, or at least indoor garden or small park?

Small is easy. We're selling our DIY seasteads for $45k. This includes just a spar and a 7 meter wide steel plate that you can then customize as you wish.

Perhaps an inner courtyard type setup with or without a roof that may or may not be opened and closed?

When thinking of seasteading start thinking in terms of boats instead of vast lands. The more open/empty space, the more the price.

Is it possible to get a per square meter cost estimate (excluding inventory)?

Excluding everything, that barebones DIY will cost you about $108/sqft or $1169/sqm. You may consider that your "land" price. On top of that we build a fully self reliant home with solar electricity and fresh water (which brings the price up considerably).

How do you go about acquiring "sea" (land/property) for something like this? Surely you can't just set up whatever arbitrarily?

We set up whatever, arbitrarily.

As long as it's over 12nm out we can put our seasteads there. But that comes with big waves which requires engineering to keep you above the waves.

Is this possible in areas where you don't have to worry about pirates or rely on guns? (I don't have a problem with guns, but I'd prefer it being an option as opposed to a necessity if that makes sense.)

While we do not plan on building off of the coast of Somalia where there are pirates...
A pirate is defined as theft on the sea. If you're trying to find a place in the world where there are no thieves...good luck! Being a long boat ride where everyone can see you coming for miles is probably discouraging to most thieves. Also, us pulling up the ladder is likely better than a gun.

At least we're not robbed at least 30% of our salaries every paycheck living on the ocean.

Thanks a lot for the response. Suppose one was eyeing some 100sqm of space, would ~$2.5m be sufficient plus additional expenses for vanity furniture and inventory?

How hard would it be for someone to mess with you if you pull up the ladder? I had not considered that even entering could be prohibitive for someone already in your waters.

Are you running any aquaponics for veggies, herbs and fish?


I'm pretty lazy when it comes to leaving my quarters, so the general idea would be having enough "property" around to keep me entertained within my living space hence the perhaps odd questions.


Also, as many others already noted, the SeaBnB idea is fantastic, especially with the underwater restaurant. I'll certainly come visit one day.

Fucking IRS.

Got our final numbers from the accountant, and this is the first time, in a long time, that my is bill way higher than Ricks, owing to setting up my early retirement fund by selling off the BTC I did during the dying gasps of the bulls being devoured by the bears in late 2017/early 2018.

Rick suggested he would contribute $x towards my obligations, in exchange for $y Bitcorns. Think I'm going to take him up on the offer to preserve part of my cash stash, and cover my Q1 estimated taxes instead with the leftover liquidity, and put the rest back into a fund, somewhere.

At least this way, Bitcorn stays in the family, and would help towards his retirement plans if we have a couple more months of green dildos.

Also, today marks two weeks of being officially dry. I'm genuinely beginning to enjoy the clarity. feelsgoodman.

Dry breaks for both liquor and herb are quite nice from time to time indeed. It's pretty strange how you don't even really notice how much your mental space differs until you do take a break.

[bitserve]

SIDEWAYS we go!

watching a bit forward in time...

Gyrsur posting 10 of those gold bars equals 12.5-20ish  BTC

That's the precise moment I am waiting for to buy a 1KG bar for around 1 BTC.

[DeathAngel]

I wouldn’t mimd some physical gold, think it’d be pretty cool to own some. Not buying any until bitcoin is worth a hell of a lot more though.

[vroom]

livestream of breakthrough discovery in astronomy starts in 40 minutes: https://www.youtube.com/watch?v=Dr20f19czeE

spoiler: first image of a black hole

[bitserve]

I wouldn’t mimd some physical gold, think it’d be pretty cool to own some. Not buying any until bitcoin is worth a hell of a lot more though.

That's what r0ach never understood. It is not that we are against Gold as another type of somewhat valuable asset, it is just that we consider it is still way overvalued in comparison to Bitcoin.

Maybe some day we will end up having even more gold than him just for the sake of it. Poor soul.

[BTCMILLIONAIRE]

SIDEWAYS we go!

watching a bit forward in time...

Gyrsur posting 10 of those gold bars equals 12.5-20ish  BTC

That's the precise moment I am waiting for to buy a 1KG bar for around 1 BTC.

If it wasn't so easy to steal I'd get myself one at that point for shits and giggles and use it as furniture.

[bitserve]

SIDEWAYS we go!

watching a bit forward in time...

Gyrsur posting 10 of those gold bars equals 12.5-20ish  BTC

That's the precise moment I am waiting for to buy a 1KG bar for around 1 BTC.

If it wasn't so easy to steal I'd get myself one at that point for shits and giggles and use it as furniture.

1BTC for 1KG bar. That's my price and my limit (max amount of gold I would hodl/bury). I think it is ok for giggles no matter what.

No way I would ever be buying more than a 1 KG bar just for "historical" reasons. Fuck that 400oz bar.

We are "only" around 10x away from that moment. I have seen Bitcoin do crazier things than that.

[ssmc2]

Here's my 2 cents: If Bitcoin breaks $5,280 today or tomorrow, then by April 14th we might be in the $5,400–$5,500, otherwise Bitcoin will retreat to $4,800–$4,900 range during the week.

Done

[Phil_S]

I wouldn’t mimd some physical gold, think it’d be pretty cool to own some. Not buying any until bitcoin is worth a hell of a lot more though.

Yeah... just not that 400 oz monster...

[vapourminer]

Also, today marks two weeks of being officially dry. I'm genuinely beginning to enjoy the clarity. feelsgoodman.

congrats man!

i dont drink (maybe one or two on special occasions, so maybe 5 drinks a year). simply because i dont like the buzz drinking gives or id be an alky for sure.

but been addicted to other stuff. one substance to the point of almost losing everything. nasty time but a good life lesson on humility and what lack of willpower can do if you let it.

[Torque]

Also, today marks two weeks of being officially dry. I'm genuinely beginning to enjoy the clarity. feelsgoodman.

congrats man!

i dont drink (maybe one or two on special occasions, so maybe 5 drinks a year). simply because i dont like the buzz drinking gives or id be an alky for sure.

but been addicted to other stuff. one substance to the point of almost losing everything. nasty time but a good life lesson on humility and what lack of willpower can do if you let it.

It seems different people have different tolerance levels to alcohol, and some do just fine to drink regularly all their life.

For me, something changed from my younger years to my older years.

When I was young, I could drink regularly and be a "happy drunk", a buzz would lift my mood and spirit. Would routinely go to "happy hour" after work with friends and colleagues. It was all in good fun.

Then something changed mid-life; a few bad things happened to me, and then I spent a year drowning my sorrows in alcohol. But I noticed that drinking actually had the opposite effect on me than it did when I was younger. It just made me feel more depressed and down. I lost motivation to do things I always loved doing, and I also started to worry about my health and developing alcoholism.

So after that really bad year, I stopped drinking cold turkey for seven months straight. My depression went away completely, mood improved, health improved, and mental clarity got much better. Lost weight. Now I only drink on the rare occasion about once a month, maybe one beer or glass of wine and I'm done with it. It's not a forced thing either, I just don't think about it that much any more.

[BTCMILLIONAIRE]

Dry breaks for both liquor and herb are quite nice from time to time indeed.

The Herb is a gift from Jah that helps me feel more in tune with life and relaxed. It inspires me to do creative things, and being more calm, reasonable, and introspective, while enduring the human condition, on a daily basis.

Alcohol, on the other hand, just shuts me down, and destroys any ability to work at anything resembling peak-efficiency.

The Herb has been a part of my life for longer than I care to admit. I've considered donating my body to science upon my passing, as a case study for chronic herb use, but Rick has some reservations.

I would rather eliminate all other vices from my life, than part with The Herb.

The Herb is life.

EDIT: Looks like a play for $5,300 is in the making.

I've been partaking in the herb for the majority of my life, mostly daily and starting off my day with it. I take occasional breaks ranging from a few days over a few weeks all the way to 1-2 months though. The breaks on the herb bring heavy lucid dreams though and they also reignite my drive.
Whenever I get too lazy I just stop smoking for a while and go full hyperactive assburger again. Lasts well beyond the break as well, otherwise I probably wouldn't bother. The breaks also amplify the effects once you recommence, which is quite nice.

Have you considered donating your and Rick's body to cryopreservation? If it doesn't work who cares, dead anyways. If it does, wee. The plans cost virtually nothing these days, if not right now then certainly when Bitcoin goes parabolic again (<1 BTC per person at that point).

1BTC for 1KG bar. That's my price and my limit (max amount of gold I would hodl/bury). I think it is ok for giggles no matter what.

No way I would ever be buying more than a 1 KG bar just for "historical" reasons. Fuck that 400oz bar.

We are "only" around 10x away from that moment. I have seen Bitcoin do crazier things than that.

I suppose canning one BTC for a kg of gold wouldn't hurt. Also, holy fuck platinum is cheap. I always thought it cost significantly more than gold but it's actually cheaper right now. I honestly don't see metal prices lasting much longer though. Couple of decades at best.

[Gyrsur]

I wouldn’t mimd some physical gold, think it’d be pretty cool to own some. Not buying any until bitcoin is worth a hell of a lot more though.

Yeah... just not that 400 oz monster...

someday and you can quote it I will write this:

0.xx bitcoins are worth a 400 oz gold bar used by central banks as gold reserve. #BTC #HODL

#strongfaith

[_javier_]

We are at Oct 2017 prices.. we could be at ATH in 60 days. It happened before, it could happen again.

Its childish, i know, but that keeps me entertained and faithfull when real life matters keep my soul sad about really inevitable things.

[BTCMILLIONAIRE]

Have you considered donating your and Rick's body to cryopreservation?

No interest in it at all. Don't have any faith in the science behind it.

I'm holding out for uploading my consciousness within the next 40 years - should I last that long.

That's what I'm betting on myself, as well as life extension/rejuvenation. Keeping an open mind about the freezing thing though, but still got a long ass time before I need to worry about it for real. Given the low cost the option at least seems interesting though, even if it's a dud. Dead me won't care either way.

[Phil_S]

I have zero faith in cryopreservation.

I have zero faith in "uploading consciousness".

[Elwar]

Thanks a lot for the response. Suppose one was eyeing some 100sqm of space, would ~$2.5m be sufficient plus additional expenses for vanity furniture and inventory?

If you count the floors down inside the spar as living space as well as the deck on top then you get close to 100 sqm with just our $150k seastead. But we certainly do not plan on keeping them that small. We just want to keep the costs down. But we have big plans for business and mansion setups with underwater bedrooms that look out into the water.  With the restaurant we are doing a 10m diameter underwater room. That one room is close to 80 sqm.

How hard would it be for someone to mess with you if you pull up the ladder? I had not considered that even entering could be prohibitive for someone already in your waters.

Unless they brought their own means of getting onto the seastead it will take them a long time to get up and likely risk destroying their boat in the process. Right now we have to moor our boat, lower the dinghy, take the dinghy to the ladder and climb up. We could literally watch any "pirates" for about 10 minutes as they prepare for their grand caper. For those that don't care to fight, just lock yourself inside the spar and wait for them to leave.

Are you running any aquaponics for veggies, herbs and fish?

My gf keeps trying to grow sea grapes (seaweed) but the fish keep eating it. Or it dies before we get it into the water. Haven't gotten around to growing anything yet since we have plenty of food from the grocery store.

I'm pretty lazy when it comes to leaving my quarters, so the general idea would be having enough "property" around to keep me entertained within my living space hence the perhaps odd questions.


Also, as many others already noted, the SeaBnB idea is fantastic, especially with the underwater restaurant. I'll certainly come visit one day.

I think the key to the seastead that people miss is the awesome opportunity for SCUBA divers. I am working on growing coral on the outside of my spar which will also protect the steel from rusting. There are an insane amount of fish already swimming around down there. With coral there will be more. There is a lot of SCUBA tourism in the area. We will likely be a new destination for them.

The restaurant should be pretty big. It will bring people out to see the seastead for themselves.