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

[El duderino_]

[1714025615]

1714025615

[El duderino_]

Who's on which button here ??

[El duderino_]

https://twitter.com/100trillionUSD/status/1171487517347991553?s=20

[Wilhelm]

I have seen some comments of yachts.

When you have a boat there are only two happy days:

- The day you buy it and the day you sell it.

Look at this picture and tell me you don't want it 

Maintenance costs on a 100m ($200M) super yacht aren't that bad

Costs per year
$4,000,000 to $15,000,000 on maintenance
$2,000,000 on crew (30 crew supplement)
$350,000 dockage
$300,000 on provisioning (food/drinks/wine cellar/etc.)
$240,000 insurance
$36,000 on navigation, TV, etc.

Other costs
$1.1 million on refits every few years


Totaling at something like $7M to $20M a year ....

So it's not as bad as you think.... 

[Wilhelm]

Meanwhile....

[Last of the V8s]

More tards:
https://scalingbitcoin.org/live

[P_Shep]

I have seen some comments of yachts.

When you have a boat there are only two happy days:

- The day you buy it and the day you sell it.

Look at this picture and tell me you don't want it 

Maintenance costs on a 100m ($200M) super yacht aren't that bad

Costs per year
$4,000,000 to $15,000,000 on maintenance
$2,000,000 on crew (30 crew supplement)
$350,000 dockage
$300,000 on provisioning (food/drinks/wine cellar/etc.)
$240,000 insurance
$36,000 on navigation, TV, etc.

Other costs
$1.1 million on refits every few years


Totaling at something like $7M to $20M a year ....

So it's not as bad as you think.... 

Can't have a boat like that and not have a helicopter...

[VB1001]

I have seen some comments of yachts.

When you have a boat there are only two happy days:

- The day you buy it and the day you sell it.

Look at this picture and tell me you don't want it 

Maintenance costs on a 100m ($200M) super yacht aren't that bad

Costs per year
$4,000,000 to $15,000,000 on maintenance
$2,000,000 on crew (30 crew supplement)
$350,000 dockage
$300,000 on provisioning (food/drinks/wine cellar/etc.)
$240,000 insurance
$36,000 on navigation, TV, etc.

Other costs
$1.1 million on refits every few years


Totaling at something like $7M to $20M a year ....

So it's not as bad as you think.... 

You say that maintenance is not expensive  , I prefer not to think about the amount of BTC you have.

[mindrust]

Can't have a boat like that and not have a helicopter...

I like jets better.

I still insist on a 40ft sailboat.

[VB1001]

SatoshiLabs Rolls Out Bitcoin-Only Firmware for Trezor Wallets

SatoshiLabs, the Prague-based manufacturer of hardware cryptocurrency wallets Trezor, released a beta version of its new firmware that supports Bitcoin (BTC) exclusively.

https://cointelegraph.com/news/satoshilabs-rolls-out-bitcoin-only-firmware-for-trezor-wallets

https://blog.trezor.io/sources-say-orange-coin-good-new-bitcoin-only-firmware-now-available-47be0b611a4d

Perfect, a wallet just for BTCTC

[realr0ach]

Where is that young colored boy JayJuanGee and his informative posts about financial markets.

[VB1001]

JJG > After each session, he has to buy a new keyboard, in a few hours he is online again.

[LFC_Bitcoin]

Who's on which button here ??

Doing both, man. Waited 6 months to finally upgrade my phone
I knew the 11 was out soon so didn’t want to upgrade to the X & be stuck with it for 2 years

Edit - Won’t let me pre order until 13th Sept 

[Wilhelm]

I have seen some comments of yachts.

When you have a boat there are only two happy days:

- The day you buy it and the day you sell it.

Look at this picture and tell me you don't want it 

Maintenance costs on a 100m ($200M) super yacht aren't that bad

Costs per year
$4,000,000 to $15,000,000 on maintenance
$2,000,000 on crew (30 crew supplement)
$350,000 dockage
$300,000 on provisioning (food/drinks/wine cellar/etc.)
$240,000 insurance
$36,000 on navigation, TV, etc.

Other costs
$1.1 million on refits every few years


Totaling at something like $7M to $20M a year ....

So it's not as bad as you think.... 

You say that maintenance is not expensive  , I prefer not to think about the amount of BTC you have.

My stack is significant... but won't let me buy a ship like that .... yet

[Wilhelm]

Can't have a boat like that and not have a helicopter...

I like jets better.

I still insist on a 40ft sailboat.

+1

This one is on my list if BTC brings me big profits...

[lightfoot]

So it's not as bad as you think.... 

An asset that has a 10% guaranteed loss every year then.....

Nope.

[Wilhelm]

So it's not as bad as you think.... 

An asset that has a 10% guaranteed loss every year then.....

Nope.

I take it you don't own a car 

[d_eddie]

I am a BTC believer. I am a HODLer.

Sometimes, however, the serpent of doubt slithers through my soul. This halving might be different from the others. What we know is that halvings are going to be more and more irrelevant as the supply decreases. What we don't know is the rate of increase of the irrelevance. In order to estimate possible halving effects, we can use a priori data and contingent data.

A priori data: current level of supply.

Contingent data: state of adoption, price, market sentiment, etc.

Just for a rough estimate, assuming the price at the halving is in the same ballpark as today:
 

Date	Reward (BTC)	Price (USD/BTC)	Reward (USD)
2012.11.28	50BTC	12.35	617.50 $
2016.07.09	25BTC	650	16.250 k$
2020.05.XX	12.5BTC	10500	131.250 k$

I've been looking at this table and pondering for a while, but the serpent isn't dead, not yet at least. Any food for thought? I'm still staying strong anyway, we all know why.

I am a BTC believer. I am a HODLer.

[El duderino_]

Who's on which button here ??

Doing both, man. Waited 6 months to finally upgrade my phone
I knew the 11 was out soon so didn’t want to upgrade to the X & be stuck with it for 2 years

Edit - Won’t let me pre order until 13th Sept 

Yeah I cannot let a new iPhone slide by me as well

[fillippone]

I mumbled a little bit on various themes we discussed on the WO thread lately.
 I posted this on a new thread:
Extracting stable positive return from high-volatile asset.HF recipe made simple

Hope you might find it useful.
It also gives hints on how to manage a selling program to exit bitcoin (for the degenerate WO members who aren't permaholders ...)