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Question: What happens next?
$7,500 - 53 (63.1%)
$9,500 - 31 (36.9%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21435690 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (129 posts by 23 users deleted.)
mindrust
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May 24, 2019, 08:11:36 AM
Last edit: May 24, 2019, 09:17:00 AM by mindrust

$1m can still provide you a good life in any decent country.

I wouldn't underestimate the purchasing power of a $1million. It is still decent money by today's standards

You can buy a house/flat for $400k
A good car (not really necessary but let's buy it anyway) > $50-100k
And you can start a decent business with the remaining $500k.
...


I don't know if your house, car and business is either specific enough or "fuck you" enough.

Of course, house and car are both good for living and doing and not really obligating you too much, beyond making some payments (such as taxes and licensing) and maintenance, but aspiring towards having a business seems to just unnecessarily tie a person down with a large number of obligations more than either a house or a car.

If you are satisfied with one geographical area, then the house would be nice to have, but the business would not be necessary in the event that you have enough income otherwise from your capital to accumulate additional income without having to work.  What are you planned expenses?  Of course, food and beverages (water at minimum) and entertainment beyond the WO thread (and beyond maintaining a JOB through a "business").  

If you are suggesting that the business is not necessarily a JOB, but instead a means to generate an ongoing income, then why would you need that if you merely just have enough of a stash that you are able to constantly shave off from the stash in order to pay for all your food, beverages and entertainment (here's the part where the hookers, blow and lambo come in)?  
...
The thing is I already got a decent business (not a job) which makes me decent money but I am not sure if I like it and at this point I am too afraid to leave it. (Not feeling financially secure enough)

I got a car (it is shitty but I don't give a rat's ass) and have enough money to buy a decent house too.

The main problem is i am not happy geographically. (Like you guessed)

And I want that fckn $million to replace them with a higher tier of everything I already got.
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bitserve
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May 24, 2019, 08:30:29 AM

Good morning WO,s

Reading the last pages, very interesting comments about the real life of the people, for this reason I always say that you have to read all the pages, you always learn something.

Thx.

Yep, I love reading about colonoscopy while I'm having breakfast.


Coz everybody loves the smell of colonoscopies in the morning!

Btw, thx for the detailed info about it Bob and kingcolex!
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May 24, 2019, 08:36:59 AM

Remember how we used to say "at least it's higher than a year ago" most of the 2018?

Until we couldn't anymore...




Well, today it's higher than a year ago!
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May 24, 2019, 08:43:24 AM
Merited by infofront (1), BobLawblaw (1), Last of the V8s (1)

Well I guess we all have a lot of common issues.

I been through the horrible drop in portfolio value. The battle for self worth, not had work since march now - OK still employed by my company but its another worry.

3 colonoscopies last year with operations and the worst of that was the camera down the throat. That to me felt the closest to how I imagine waterboarding to feel like.

Drink too much, English problem I fear. Raised on it. Might be different for future generations now all the pubs and clubs are closed. Anyway.

I studied NLP and honest that helped. I worked out a few strategies to shut up the voice.

I still am my own worst critic and doubter.  :/

I know its stupid

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May 24, 2019, 08:50:05 AM

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May 24, 2019, 08:51:47 AM
Last edit: May 24, 2019, 09:59:55 AM by Gyrsur
Merited by micgoossens (1)

Gold Bar 400 oz =
Chart



1 BTC =
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May 24, 2019, 08:52:19 AM
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Yes. Bitcoin.com provides prominent notice that BCH and BTC are two different things. Faced with that knowledge, if the newcomer is not prompted to perform the requisite five more minutes of due diligence, they'd lose their money in short order no matter which direction they go.
JB for fuck sake please stop saying this again and again. Please do not get blind to see how they are phushing BCH shit on their website. Have you even read the emails they send to their subscribers. In every emails they push BCH. I have never seen an email where they pushed to buy Bitcoin.

Of course they push BCH.

Yes, they provide prominent notice that BCH and BTC are different. Ergo, anyone purchasing BCH from them knows damned well that it is not BTC. Accordingly, no fraud has been committed. Purchaser is fully informed as to the difference. Purchaser receives exactly what they bought.
Adding the useless qualifier "core" to bitcoin just to mix it up with bcash (which does need a qualifier) borders on fraud.
We don't need to explain you that, do we?

Waiting for the day the site properly calls bitcoin "Bitcoin" and bcash "Bitcoin Cash".

skeleton-waiting.gif


Id like to tell you a story about two brothers.

One brother was a very famous rich ultrapreneur, he had a beautiful wife. They had 3 lovely children aged 3, 5 and 7.
They lived in a beautiful cottage, surrounded by woodland. Everyday He walked by the river. He was very happy and content.
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May 24, 2019, 08:54:50 AM


Yes. Bitcoin.com provides prominent notice that BCH and BTC are two different things. Faced with that knowledge, if the newcomer is not prompted to perform the requisite five more minutes of due diligence, they'd lose their money in short order no matter which direction they go.
JB for fuck sake please stop saying this again and again. Please do not get blind to see how they are phushing BCH shit on their website. Have you even read the emails they send to their subscribers. In every emails they push BCH. I have never seen an email where they pushed to buy Bitcoin.

Of course they push BCH.

Yes, they provide prominent notice that BCH and BTC are different. Ergo, anyone purchasing BCH from them knows damned well that it is not BTC. Accordingly, no fraud has been committed. Purchaser is fully informed as to the difference. Purchaser receives exactly what they bought.
Adding the useless qualifier "core" to bitcoin just to mix it up with bcash (which does need a qualifier) borders on fraud.
We don't need to explain you that, do we?

Waiting for the day the site properly calls bitcoin "Bitcoin" and bcash "Bitcoin Cash".

skeleton-waiting.gif


Id like to tell you a story about two brothers.

One brother was a very famous rich ultrapreneur, he had a beautiful wife. They had 3 lovely children aged 3, 5 and 7.
They lived in a beautiful cottage, surrounded by woodland. Everyday He walked by the river. He was very happy and content.


are you the other brother?

LOL did not read. BCH is the other brother. we will see.  Grin
Phil_S
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May 24, 2019, 08:58:31 AM

When a movie starts like that, you know something bad is going to happen.
BTCMILLIONAIRE
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May 24, 2019, 08:59:02 AM

"Bitcoin rival" what a joke.
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May 24, 2019, 09:12:56 AM

Quick pool: Looking to sell $2000 worth of bitcoin for my financial needs in the next week,so what time will be the best to get peak price guys.

Weekend days or today itself.
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May 24, 2019, 09:16:34 AM

Quick pool: Looking to sell $2000 worth of bitcoin for my financial needs in the next week,so what time will be the best to get peak price guys.

Weekend days or today itself.

some people think we will see a weekend pump. so I would not sell today, wait until monday. As always, don't trust some random internet guy's financial advice Smiley
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May 24, 2019, 09:18:13 AM

It was a fair and balanced story!

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How much alt coin diversification is needed? 0%?


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May 24, 2019, 09:26:05 AM

$1m can still provide you a good life in any decent country.

I wouldn't underestimate the purchasing power of a $1million. It is still decent money by today's standards

You can buy a house/flat for $400k
A good car (not really necessary but let's buy it anyway) > $50-100k
And you can start a decent business with the remaining $500k.
...


I don't know if your house, car and business is either specific enough or "fuck you" enough.

Of course, house and car are both good for living and doing and not really obligating you too much, beyond making some payments (such as taxes and licensing) and maintenance, but aspiring towards having a business seems to just unnecessarily tie a person down with a large number of obligations more than either a house or a car.

If you are satisfied with one geographical area, then the house would be nice to have, but the business would not be necessary in the event that you have enough income otherwise from your capital to accumulate additional income without having to work.  What are you planned expenses?  Of course, food and beverages (water at minimum) and entertainment beyond the WO thread (and beyond maintaining a JOB through a "business"). 

If you are suggesting that the business is not necessarily a JOB, but instead a means to generate an ongoing income, then why would you need that if you merely just have enough of a stash that you are able to constantly shave off from the stash in order to pay for all your food, beverages and entertainment (here's the part where the hookers, blow and lambo come in)? 
...
The thing is I already got a decent business (not a job) which makes me decent money but I am not sure I like it and at this point I am too afraid to leave it. (Not feeling financially secure enough)

I got a car (it is shitty but I don't give a rat's ass) and have enough money to buy a decent house too.

The main problem is i am not happy geographically. (Like you guessed)

And I want that fckn $million to replace them with a higher tier of everything I already got.

Well I was trying to go along with some of the factors that you presented, and if you are not really satisfied geographically, then either you have already identified another place that would work better for you, or if you do not really want to settle down geographically then I would think that considering just minor maintenance home and car, and then the rest of the money would be used to travel and to figure out a place that would be more suitable for you.  Then the business would come out of that, unless it allowed you the geographical mobility.

Ultimately, the formula and thinking around the whole issue about how much you need and how much do you want to spend on your base will determine how much value you have left to generate enough income in order to satisfy your remaining needs of food, beverages and entertainment and lodging becomes a bit of a different amount of expense (and formula) if you are more mobile or still trying to determine if another location would suit you better (do you have to try out the new location first, or do you already sufficiently know that part in order to just jigger your calculations a bit to include that?)

I understand that it could be difficult to lock down amounts exactly, if you remain uncertain about the location, but you could still speculate.. and it may be more useful to account for various scenarios, including one scenario that has enough capital to totally say fuck you to any business to the extent that it ties you down geographically... and that might mean saying fuck you to any business, unless you really believe that the business is something that you are wanting for some kind of self-fulfillment thing, but if you have enough income then you are not necessarily going to need that self-fulfilling part, so then the calculation becomes about how much do you need in order to really get the part that you actually want, without necessarily being tied down to obligations that are mostly in the category of income generating, rather than self-fulfillment.
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May 24, 2019, 09:33:23 AM
Last edit: May 24, 2019, 12:51:47 PM by fillippone

Gold Bar 400 oz =



History

1 BTC =

FTFY.
That button should be put a little bit more in evidence.
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May 24, 2019, 09:40:06 AM


Yes, FB coin si everything Bitcoin is not: centralised, KYC’d, not respectful of user privacy, censorable, confiscable.

It will be really useful for a lot of people, to quickly and easily move money in short distances (think about splitting restaurant bills via whatsapp, or sending money home across the ocean.

This is going to work for a lot of people, but then... the epiphany: this coin is subpar to bitcoin for a lot of reasons (I guess privacy is going to be the one people will realise the sooner: who’s afraid giving all the details of your payments to Mark Zuckerberg? /sarcasm here).

So people will start moving to bitcoin. Maybe lightning network, that in the mean time will have developed a simple, effective and robust user experience via mobile wallets.
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May 24, 2019, 09:41:29 AM

Gold Bar 400 oz =



History

1 BTC =

FTFY.
That button should be put a little bit more in evidence.

you're right my WO brother in spaghetti. I''ll fix this.
fillippone
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May 24, 2019, 09:45:09 AM

Gold Bar 400 oz =



History

1 BTC =

FTFY.
That button should be put a little bit more in evidence.

you're right my WO brother in spaghetti. I''ll fix this.

Ze Italianz hav eztetic taste. Think about ze Italian carz against das Zerman panzerz.
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May 24, 2019, 09:50:56 AM

 do you have such a cold wallet for the phone?  Wink

https://twitter.com/simplycashapp/status/1131471152533069825
Gyrsur
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May 24, 2019, 09:53:45 AM

Gold Bar 400 oz =



History

1 BTC =

FTFY.
That button should be put a little bit more in evidence.

you're right my WO brother in spaghetti. I''ll fix this.

Ze Italianz hav eztetic taste. Think about ze Italian carz against das Zerman panzerz.

hmm, cannot agree with you here completely!  Roll Eyes  but I agree on shoes and clothes.  Wink

and Ferrari of course!



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