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

[marcus_of_augustus]

... this is a better idea than sea-steading, or better version of it rather. I've wondered why this hasn't been considered in the past as there already exists a community of 'international' citizens that cruise the world continuously, albeit generally retired.
With all the cruise industry liners sitting idle due to CoVid there will be some bargains coming on the market. You could design a moving city by lashing together a fleet of them that slowly rotates around the world on some schedule or another, maybe with the ocean gyre currents and drops anchor outside welcoming nations for commerce and trade occasionally. Then you could lash on an oil tanker to up the range for the fleet, or a container vessel and barge for commercial/industrial activities/ The engineering is already done, the modules are already built, they call them big boats.

^ Got yourself a vacant cruise ship (conveniently already registered in a tax haven)?

MS Satoshi
Oh yes, I bought a cruise ship
The Crypto Cruise Ship

Wow, are you serious? That's a bit bigger than a seastead. Is it this actual one that you are refitting to be bitcoin-oriented?


Sounds like an interesting venture, Elwar. Congrats! Any timeshare presentations we can attend to check it out for a few nights free?

Yep, that is a render of the actual ship we purchased (which we are not allowed to name) refitted with our logos.

245 meters long, 777 cabins.

Cabins starting at $25,000. The auction for the rooms starts November 5th.

https://ocean.builders/cruiseship

We'll be accepting bitcoin at all businesses on the ship.

[Cryptotourist]

We'll be accepting bitcoin at all businesses on the ship.

Please do not forget the hookers, it's always been a huge part of business.
The rest we can grow on board.

Oi. Most times trading the cow for magic beans does not work well.....

Can’t... resist...

– Boyfriend doesn't have enough money, so he trades GF for 1 BTC.

Clearly sometimes, it works well.  Reminds me of margin trading.

Can I borrow your girlfriend on margin to short her?

Mmmm, 100x leverage.

Do I retain custody of the magic beans?

Only if I - physically - do the escrow.

... this is a better idea than sea-steading, or better version of it rather.

I might just argue against that. You can't travel in international waters for ever, and a Panama flag doesn't guarantee shit.

[Phil_S]

Cruise ship living sounds expensive as shit... but what do I know...




This sideways is slightly better than infamous $6400 one in 2018... but still, not much fun.

[Karartma1]

^ Got yourself a vacant cruise ship (conveniently already registered in a tax haven)?

MS Satoshi
Oh yes, I bought a cruise ship
The Crypto Cruise Ship

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”
Congrats Elwar, I am without words. 

[El duderino_]

WTF

Liverpool lost 7-2 to Villa.
United lost 6-1 to Spurs.
City lost 5-2 Leicester.

Some strange happenings indeed....

Damn Manè is important for LFC...

Meh just one off day, can happen to all of them

[El duderino_]

When all goes to shit...
Then one lifeline will remain?
The ark of Elwar!!!

[Cryptotourist]

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”

I'm just gonna drop this here:



Not mine of course. And neither is this:

[OutOfMemory]

When all goes to shit...
Then one lifeline will remain?
The ark of Elwar!!!

like the titanic?
but this time unsinkable.
blockchain bitcoin forever!

[LFC_Bitcoin]

WTF

Liverpool lost 7-2 to Villa.
United lost 6-1 to Spurs.
City lost 5-2 Leicester.

Some strange happenings indeed....

Damn Manè is important for LFC...

Meh just one off day, can happen to all of them

God damn it boys, I’ve been avoiding all sports related media so I don’t get reminded about that horror show last night.

I thought I was safe in the WO but it seems not

A pump would cheer me up right now.

[Indymoney]

WTF

Liverpool lost 7-2 to Villa.
United lost 6-1 to Spurs.
City lost 5-2 Leicester.

Some strange happenings indeed....

Damn Manè is important for LFC...

Meh just one off day, can happen to all of them

God damn it boys, I’ve been avoiding all sports related media so I don’t get reminded about that horror show last night.

I thought I was safe in the WO but it seems not

A pump would cheer me up right now.

This is really disgusting result for Millions investors feeling very bad for them what a result of this weekend for all top ranked teams.

[Last of the V8s]

Seven two. Seven
two. Seven two. Seven two.
Se-even two-oo.

[LFC_Bitcoin]

Seven two. Seven
two. Seven two. Seven two.
Se-even two-oo.

[Last of the V8s]

^ sorry mate the poet in me must be free


meanwhile a hilarious and very dry pastiche of shitcoin blogs

https://medium.com/@sixtenhodler/intolerant-zeal-5b5b1dd6ec0e
https://archive.vn/dScZj

Many haters will claim that Zcash is just for criminals. This is prejudice — block chains matter. What makes Zcash unique is its purity. Each cybercoin, each commitment, is unblemished. One cybercoin is perfectly interchangeable with another — they are all clean. Thanks to state-of-the-art zero-knowledge proofs, every ZEC is just as innocent as another. No other asset comes close to providing the same level of pure nobility and cleanliness. Every zatoshi is a virgin.

[Indymoney]

Seven two. Seven
two. Seven two. Seven two.
Se-even two-oo.

LFC_Bitcoin don't take this seriously you will be ok in next few weeks just chill man its part of sports. 

[600watt]

On the Bitmex drama, my thoughts.
Some bitcoin companies are like lab rats: they have been left alone to experiment things that one day will become part of the new FINancialTECHnology world. Take Bitmex: bringing futures to the next level right? or finex or any other. Then they come and tell you, hey boy, this is our territory, how do you dare?
And then they publicly admit that "Digital assets hold great promise for our derivatives market and for our economy". Yeah, right?

Thumbs up to 600watt, somac. for https://bitcointalk.org/index.php?topic=178336.msg55302340#msg55302340

With CME, Bakkt and Grayscale, the US derivate market is becoming of "significant size", which was one of the main concerns of SEC. The other - manipulations of almost anonymous high leverage traders operating on Mex is now in the process of solving. This is not only CFTC and SEC concern but possibly the main "bart generator" for the last 2 years. So in any possible way, Mex news is good for Bitcoin. The 3% drop in the price is by no means to be compared with the benefits of manipulators being kicked out of the market.

It is quite possible that the CFTC statement "Digital assets hold great promise for our derivatives market and for our economy" is related to a possible ETF approval, as also suggested in this article:
https://bitcoinexchangeguide.com/a-big-positive-step-towards-the-bitcoin-etf-approval/

Although, IMO, institutions will find a way to get into Bitcoin without an ETF. We've seen however, that in the last months despite the huge purchases, the price didn't move as much as it should. The only logical explanation is of course the fraudulent shorting using Mex and other not well regulated exchanges. There is also a non logical explanation. As we are normal people here, carefuly thinking about every detail, we tend to forget that there are people who are not like us. Take for example Las Vegas - how many addicted people are in the casinos losing all the cash they bring in their pockets! The same is with the addicted daily traders, who can't be called manipulators, but like vicious brainless piranhas eat the price down until their stash is gone in an endless stop loss chase. The removal of Mex shorters will tip the balance against the piranhas and in favour of the natural growth. So I applaud the CFTC action and hopefully it will shut down Mex and put their owners and other money launderers in jail, where they belong!

I did merit this post because I think the idea expressed has some plausibility.
but...
I strongly oppose the the highlighted part. it is cheap to demand jail for folks you don't know personally. the problem is that for someone this may become very personal. I was put in jail on several occasions mainly for political reasons fighting against and also breaking drug laws. jail is a serious matter. it is a very archaic punishment. to be locked into a small cell is a shocking experience.
you cannot go anywhere anymore and this has power to break your back. they wanted to lock me up for 10 years during my latest trial. the law that they used to press the charges in my case was not even anti-drug law but regarded pharmacy. the European High Court had to step in and declare the prosecutor's and court's strategy unconstitutional. the incident was more than a decade ago but the the trial is still not resolved.  for several years this 10 yer sentence was hanging above my life like a Damocles sword. with wife and kids this ain't no fun and gave me serious insights and learning experience regarding jail, police, punishment etc.  my take is that jail should be exclusively for violent crimes. not at all for drug related stuff. and scamming greedy gamblers is not on my list of things that I want the U.S. jail system to the care of. I have no clue if and to what extend Hayes did steal his customers money. if he did, a fair trial would be ok to call out for.  is there evidence that he did?  

[600watt]

Introducing Bitcoin on TRON
We’re excited to be the first to support Bitcoin on TRON (BTCTRON) today! Starting now, Poloniex customers can use our new Swap feature to exchange their Bitcoin to BTCTRON for free directly from within their Poloniex Wallet. BTCTRON is a type of wrapped Bitcoin token that exists on the TRON blockchain.

But...  Whatever for?

as always: to lure folks into new Ponzinomics adventures.

[xhomerx10]

Oi. Most times trading the cow for magic beans does not work well.....

Can’t... resist...

– Boyfriend doesn't have enough money, so he trades GF for 1 BTC.

Clearly sometimes, it works well.  Reminds me of margin trading.

Can I borrow your girlfriend on margin to short her?

Mmmm, 100x leverage.

 Pro tip: Go long 
 

[cosnes]

I did merit this post because I think the idea expressed has some plausibility.
but...
I strongly oppose the the highlighted part. it is cheap to demand jail for folks you don't know personally. the problem is that for someone this may become very personal. I was put in jail on several occasions mainly for political reasons fighting against and also breaking drug laws. jail is a serious matter. it is a very archaic punishment. to be locked into a small cell is a shocking experience.
you cannot go anywhere anymore and this has power to break your back. they wanted to lock me up for 10 years during my latest trial. the law that they used to press the charges in my case was not even anti-drug law but regarded pharmacy. the European High Court had to step in and declare the prosecutor's and court's strategy unconstitutional. the incident was more than a decade ago but the the trial is still not resolved.  for several years this 10 yer sentence was hanging above my life like a Damocles sword. with wife and kids this ain't no fun and gave me serious insights and learning experience regarding jail, police, punishment etc.  my take is that jail should be exclusively for violent crimes. not at all for drug related stuff. and scamming greedy gamblers is not on my list of things that I want the U.S. jail system to the care of. I have no clue if and to what extend Hayes did steal his customers money. if he did, a fair trial would be ok to call out for.  is there evidence that he did?  

And so it is understandable why the US government is so openly spitting on the interests of its own people. By the time of the elections, our votes will not decide anything, and accordingly they will cost nothing. And these puppets (if they do everything right now in the interests of corporations) have a chance to get a warm place in the future territorial entity.

[Elwar]

... this is a better idea than sea-steading, or better version of it rather. I've wondered why this hasn't been considered in the past as there already exists a community of 'international' citizens that cruise the world continuously, albeit generally retired.
With all the cruise industry liners sitting idle due to CoVid there will be some bargains coming on the market. You could design a moving city by lashing together a fleet of them that slowly rotates around the world on some schedule or another, maybe with the ocean gyre currents and drops anchor outside welcoming nations for commerce and trade occasionally. Then you could lash on an oil tanker to up the range for the fleet, or a container vessel and barge for commercial/industrial activities/ The engineering is already done, the modules are already built, they call them big boats.

^ Got yourself a vacant cruise ship (conveniently already registered in a tax haven)?

MS Satoshi
Oh yes, I bought a cruise ship
The Crypto Cruise Ship

Wow, are you serious? That's a bit bigger than a seastead. Is it this actual one that you are refitting to be bitcoin-oriented?


Sounds like an interesting venture, Elwar. Congrats! Any timeshare presentations we can attend to check it out for a few nights free?

Yep, that is a render of the actual ship we purchased (which we are not allowed to name) refitted with our logos.

245 meters long, 777 cabins.

Cabins starting at $25,000. The auction for the rooms starts November 5th.

https://ocean.builders/cruiseship

We'll be accepting bitcoin at all businesses on the ship.

The problem with buying a cruise ship has usually been about the cost. COVID allowed us to get a good deal but that won't last forever.

Our plan is to have it anchored about 30 minutes from Panama City further conserving costs by not burning much fuel.
Near the ship we will put a barge or cargo ship to act as a floating factory to build other floating structures such as Ocean Builders SeaPods and floating islands.
It makes sense to try such floating living close to shore first without jumping straight to 200nm out. Living on the water gives some small freedoms we don't have on shore but also comes with other maritime laws we don't have on land. We will need to build communities to benefit from the new system in ways we do not now know.

Cruise ship living sounds expensive as shit... but what do I know...

If you were to have the level of hospitality that cruises offer on land it would be expensive as well. We will have to prepare people for the reality that this isn't a vacation, this is your home where you work and pay for your own meals and entertainment. You would get bored of the cruise life after a few weeks. But if you're busy working then it's not much different from living in the dorms at school. Small rooms but most of the time you're out on campus or if you're in your room you're studying your ass off.

[Dabs]

Cruise ship living sounds expensive as shit... but what do I know...

If you were to have the level of hospitality that cruises offer on land it would be expensive as well. We will have to prepare people for the reality that this isn't a vacation, this is your home where you work and pay for your own meals and entertainment. You would get bored of the cruise life after a few weeks. But if you're busy working then it's not much different from living in the dorms at school. Small rooms but most of the time you're out on campus or if you're in your room you're studying your ass off.

What size are we talking about here?

Looks like a good place to self-exile. Or semi-retire (or just retire, live on your bitcoins or something.)

What kind of gym equipment does it have? The pictures on the website depict what looks like Rogue Fitness rigs and racks, aka CrossFit / Powerlifting / Strongman type equipment.