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

[Biodom]

what utter bollocks again Ibian.
the 'hats upon hats' theory won't wash even here

Do you have any specific points of criticism?

1. Limbic system is a part of all mammals brain, it does not "make us human" and does not make us 'distinct from other animals' as long as you are talking about mammals.
2. Logical part? You mean cortex and neocortex. Many other animals have cortex and dolphins have higher amount of neocortex vs humans.
3. A bit more study of anatomy and physiology would have helped.

1. Right. The human limbic system is similar to other mammals in the same way that our legs are similar to the hind legs of a dog. They are still legs, but distinctly different. So too with the limbic system.

2. Ours is bigger. Literally that, ours is bigger and thus can do more complex things and at a faster rate. What is the issue here?

3. Such as?

1. everything is distinct. Are our legs "better" than legs of a horse? An apple and orange comparison.
2. Yes, some dolphins have more neocortex/cortex (making it "bigger").
3. More term-specific discussion.

3. Again, such as?

Such as... you can educate yourself re various brain parts and their functions before commenting on them, otherwise you sound a bit naive, no offense.
I am referring to the following:

The third and youngest part of the brain is the logical part.

BTW, London's taxi drivers typically had (before google maps) developed a bigger hyppocampus, which was probably related to the need to have a vast 'database" of various locations and routes in London (the exam on this was referred to as "The Knowledge"). Incidentally, this did not make them better or worse humans, but told us something about learning and brain:

"But it turns out it really was the training process that caused the growth in the brain. It shows you can produce profound changes in the brain with training. That's a big deal."

https://www.scientificamerican.com/article/london-taxi-memory/

Unrelated...

By selling his house, he is betting it.
He will be overinvested and weak hands.

If he needs to sell his house to invest in Bitcoin he should probably not be investing at all or is clearly overinvesting, yup.

His wife would be a weaker link, me thinks.

[1715331684]

1715331684

[1715331684]

1715331684

[1715331684]

1715331684

[bitserve]

That bloke's made some perfect calls in the past and I think he's been around since the single figure days. So I dunno why he needs to get house money involved. He's barking to do that.

Maybe there is a difference between making a "call" and really doing the trade?

[Globb0]

Im selling my kids and investing it all in bitcoin.

I promise to buy them back if I get rich.

[Indymoney]

Im selling my kids and investing it all in bitcoin.

I promise to buy them back if I get rich.

Very good and unique idea because I was also thinking about something serious but have no big heart like you.

[Biodom]

That bloke's made some perfect calls in the past and I think he's been around since the single figure days. So I dunno why he needs to get house money involved. He's barking to do that.

Maybe there is a difference between making a "call" and really doing the trade?

Like a sad story of Murad Mahmudov who made some high value bitcoin calls and talked a lot about it being exponentially higher in the future, but then his fund went belly up because they were leveraged, bitcoin dropped from 8-10K to 3.8K and Bitmex crashed, so they were not able to re-buy low.

Im selling my kids and investing it all in bitcoin.

I promise to buy them back if I get rich.

Very good and unique idea because I was also thinking about something serious but have no big heart like you.

I am glad that nobody (at least here) is talking about selling their kidney...that would have been dreadful.

[Elwar]

A well known dude (@Davinci) is selling the house to buy bitcoin with proceeds (surprisingly, wifey is on board, apparently).
https://twitter.com/Davincij15/status/1260243620956954624

Reactions? A timely move or not? To me, maybe too much risk inasmuch as having a shelter has more meaning than just an investment. In fact, I never thought about the house as an investment, but more like as a place to live without getting bothered by a greedy landlord.

Never bet the house.  Because if you lose, then you don’t have a house.

Sold my house. Put all the money from the sale toward BTC at around $660.

Bet the house.

[vapourminer]

how do you "forget" to wear your mask?

fuck, we be bleaching every goddamned item that enters the house

pain in the fucking ass

yup. except using hydrogen peroxide here. got carried away with the strength when mixing it down from 7% solution. ouch. now i know why you can use it for rocket fuel. well, sorta. but now i have much healthier respect for it.

[In the silence]

That bloke's made some perfect calls in the past and I think he's been around since the single figure days. So I dunno why he needs to get house money involved. He's barking to do that.

Maybe there is a difference between making a "call" and really doing the trade?

Like a sad story of Murad Mahmudov who made some high value bitcoin calls and talked a lot about it being exponentially higher in the future, but then his fund went belly up because they were leveraged, bitcoin dropped from 8-10K to 3.8K and Bitmex crashed, so they were not able to re-buy low.

Im selling my kids and investing it all in bitcoin.

I promise to buy them back if I get rich.

Very good and unique idea because I was also thinking about something serious but have no big heart like you.

I am glad that nobody (at least here) is talking about selling their kidney...that would have been dreadful.

That is quiet a brilliant idea, thank you for your brilliant mind, now all bitcoiners will use their children collaterals.

[Biodom]

how do you "forget" to wear your mask?

fuck, we be bleaching every goddamned item that enters the house

pain in the fucking ass

yup. except using hydrogen peroxide here. got carried away with the strength when mixing it down from 7% solution. ouch. now i know why you can use it for rocket fuel. well, sorta. but now i have much healthier respect for it.

you...youuuuuu...
No hydrogen peroxide OR bleach OR isopropyl alcohol in any grocery store or pharmacy around here (and wasn't for the last two months).
Every time I go to pharmacy I can barely contain myself from yelling at the staff about this.
WTFF (that would be f--ie f--k)

[Ibian]

People are actually spritzing everything they buy? That's not gonna do much unless we get to a 80% infection rate, at which point you will have to keep living like that to avoid random infection.

My dad is terrified of this virus, but we don't go that far. He is living alone and we avoid direct physical contact and touching the same things and that's it.

If it actually spreads 3 times easier than the flu then everyone is going to get it. Avoiding it completely is not realistic or practical, the goal should be to limit the viral load when you do get it so you get over it that much easier.

The problem is that most cases don't show symptoms. So we will need reliable testing on a massive scale, or eventually just take the chance that getting back to a normal life won't kill us. And given how emotional people are nowadays, that's gonna be a problem.

[soullyG]

Still creeping along, looking for a breakout or...more waiting..



Closer view:

[jojo69]

yeah, fortunately I had a full quart of IPA on the electronics bench when the shit hit

was able to score a gallon of chlorine "1 per customer" about 3 weeks in

[JimboToronto]

By selling his house, he is betting it.

He will be overinvested and weak hands.

Sounds to me like he was overinvested in real estate.

If he had a mortgage, he's probably better off.

One of the smartest things I did was to get out from under the burden of home ownership. Now the only land I own is in Mexico and is 100% mortgage-free and tax-free. I rent in Toronto for a fraction of what it would cost to own my own home and with no responsibilities other than paying my rent on time.

[marcus_of_augustus]

Two separate studies pointing to similar conclusion. Virus was well-adapted to humans and genetically stable at time of first known cases.

(tl;dr: highly unlikely it jumped species in a wet market, likely bred in human cell cultures in a lab)

https://www.zerohedge.com/health/study-points-covid-19-lab-creation-lead-author-suggests-forced-selection-vs-genetic

https://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=12332538

[jojo69]

you Bart Simpson motherfucker

[vapourminer]

you...youuuuuu...
No hydrogen peroxide OR bleach OR isopropyl alcohol in any grocery store or pharmacy around here (and wasn't for the last two months).
Every time I go to pharmacy I can barely contain myself from yelling at the staff about this.
WTFF (that would be f--ie f--k)

had 7% hydrogen peroxide lying around in 5 gallon containers for my water treatment system as my well water is crap. but you should be able to get it online in smaller amounts.

[Biodom]

you Bart Simpson motherfucker

SO is asking.."why it can never run pass 10K"?
Imagine having this conversation in mid 2017, lol.

[xhomerx10]

A well known dude (@Davinci) is selling the house to buy bitcoin with proceeds (surprisingly, wifey is on board, apparently).
https://twitter.com/Davincij15/status/1260243620956954624

Reactions? A timely move or not? To me, maybe too much risk inasmuch as having a shelter has more meaning than just an investment. In fact, I never thought about the house as an investment, but more like as a place to live without getting bothered by a greedy landlord.

 Such a strange time for him to do this.  He's been in the Bitcoin space since 2011 yet wants to sell the house now?  He was also talking about DCA years ago... it's hard to believe he needs to do this.  I bet my Lambo (seen here - https://youtu.be/vYHXdKvMHOc) that he doesn't sell the house.

[Torque]

A well known dude (@Davinci) is selling the house to buy bitcoin with proceeds (surprisingly, wifey is on board, apparently).
https://twitter.com/Davincij15/status/1260243620956954624

Reactions? A timely move or not? To me, maybe too much risk inasmuch as having a shelter has more meaning than just an investment. In fact, I never thought about the house as an investment, but more like as a place to live without getting bothered by a greedy landlord.

Never bet the house.  Because if you lose, then you don’t have a house.

Sold my house. Put all the money from the sale toward BTC at around $660.

Bet the house.

Sold my stock and 401k. Put all the money toward BTC @ ~$700 cost average.

Bought the house (free and clear). Still buying BTC, gold, and silver.

10/10 would do all over again.

Remember: every second that does by, money printer goes brrr, and that (worthless) paper currency in your wallet or bank gets more and more worthless. You're entire net worth shrinks every second you are in currency only.

[Biodom]

A well known dude (@Davinci) is selling the house to buy bitcoin with proceeds (surprisingly, wifey is on board, apparently).
https://twitter.com/Davincij15/status/1260243620956954624

Reactions? A timely move or not? To me, maybe too much risk inasmuch as having a shelter has more meaning than just an investment. In fact, I never thought about the house as an investment, but more like as a place to live without getting bothered by a greedy landlord.

Never bet the house.  Because if you lose, then you don’t have a house.

Sold my house. Put all the money from the sale toward BTC at around $660.

Bet the house.

Sold my stock and 401k. Put all the money toward BTC @ ~$700 cost average.

Bought the house (free and clear). Still buying BTC, gold, and silver.

10/10 would do all over again.

You guys are playas, but at least you didn't go 50-100X on margin.
I am not touching 401K, well, except bought a bit of GBTC, which does not really count.
However, I almost liquidated a smaller brokerage account to buy in (DCAing) earlier.
Now, I only buy in small chunks (infrequently) when I have extra cash.
Side-note: I so love the "money printer go brrr" meme, it is pure genius, especially the animated one.