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

[serveria.com]

The demand for cabins was nil. Even with the lowest prices we could possibly offer and break even, nobody wanted to live on it.

This is what I was talking about. All other issues (insurance, registration etc) could be probably solved...  

[d_eddie]

While we talk, she's nearing 23.9k.

[serveria.com]

Gentlemen.

After very good profit from this rise now BobLawblaw is going to have one giveaway for WO members

Beers (and blowjobs), perhaps?  


 

I hope mindrust is doing alright.

I hope so too. I remember panic-selling back in 2013 or 2014 I think, during a pretty savage dip, but fortunately I quickly saw the error of my ways and bought back in soon afterwards, but not before losing about 20% of my coins.

I was new to this back then, but I also think it's something that, if you go through it, it's a harsh but necessary teaching experience. I suspect the most resilient of hodlers may have gone through a similar process, and that is why several of us advised mindrust to buy back in as soon as possible. Unfortunately I don't think he followed this advice, so he became a no-coiner. It's sad, but if a few WOers can learn from his experience, more and stronger hodlers will be born.

I believe that he said that he bought back 1 BTC.. .so instead of having 10 BTC, he reduced his BTC bags down to 1 BTC thinking that it was a good way to cause him less emotions - with likely an effect of causing the opposite (in hindsight... as so many of us advised against).

Observing new ATH with relatively low volume.

Also, observing not many large sell walls before $25k

Also... running out of champagne.
#2020BitcoinProblems

*Edit Also, observing JJG in full keyboard warrior mode.

Very astute of you.      

So if mindrust sold 10BTC at $4k and rebought 1BTC at the same price means now he's up to $23k fiat-wise. So if he'd rebuy at least 2BTC instead of 1 he'd be up fiat-wise already now!   

[JayJuanGee]

I guess this feels similar to when we busted our 1k ATH...    Feels nothing like when we hit 20k last time.    ........
#HODL' good times!

....

I agree with you -- For the most part I was referring to the current sentiment.   I feel like this 20k is closer to when we broke 1k ATH and we have much more room to grow.   Let's say we remove the need to sell for living expenses and the original goal was to one day exchange corn to fiat.   I feel that as BTC continues to grow, people's urge to swap to fiat will drop.    

Years ago or just asking a nocoiner what they think they need to retire, the typical answer is in fiat terms.   I see this changing over time as BTC grows.   Still far from that at the moment but that is the direction I see things moving.   I assume it won't be in BTC terms either...   maybe a basket of digital assets that return a predictable rate.  

tdlr;   hodl.

You had me nodding all the way WastedLTC, until you mentioned the basket of digital assets bullshit.  We should be trying to stay focused on bitcoin here rather than entertaining shitcoin talking points... ..

O.k. Maybe I am overreacting a bit, but fuck the shitcoins and the " basket of digital assets" bullshit.. that's a distraction to what bitcoin is actually offering.... sound money... helrow??

you are simplifying it too much. You are selling btc for cash, he might be selling for USDC or USDT, then getting 10-11% in interest. USDC is certainly a digital asset. Not sure why would someone call USDC a shitcoin, although it might be proven to be just that in eventuality. How much yield do you get on USD? A minuscule amount, no doubt.

I can say the same to you, Biodom (but opposite).  Didn't I just say that there are ways to develop a plan that does not overcomplicate matters and you have more assurances (fewer places) where your plan could go wrong (or blow up on you).     And, I am NOT even suggesting not to fuck around with some of the complicated matters in order to potentially supplement your basic plan, but a large part of my point is that there are decent ways to get the basic plan in order and have a lot of assurances in the basic plan without having to rely upon more complicated arrangements.

For example, if you have a plan that is already decently solid, then sure, maybe you can take 5% or maybe up to 10% (depending) and put such value in a more complicated investment vehicle.. but if you do not need to engage in those kinds of more risky practices and you don't really need the extra money, then what's the point in fucking around like that?  (I feel like we might be repeating our lil selfies in some of this back and forth that we have been having on this topic.. and there surely remains a decent amount of personal discretion in regards to these various kinds of allocations or use of more adventurous financial tools).

[Gyrsur]

for me this SARS-CoV-2 fits too perfectly to our modern border less world. why not SARS-CoV or MERS-CoV?

assuming they released it accidentally in November 2019 from this laboratory in Wuhan?

it would explain why they wanted to kept silent until end of January 2020.

The earliest known person with symptoms was later discovered to have fallen ill on 1 December 2019, and that person did not have visible connections with the later wet market cluster.[23][24] However, an earlier case of infection could have occurred on November 17.[25] Of the early cluster of cases reported that month, two thirds were found to have a link with the market.[26][27][28] There are several theories about when and where the very first case (the so-called patient zero) originated.[29] It is possible that the virus first emerged in October 2019.[30]

[JayJuanGee]

Getting close to thinking of taking a little profit in the form of 100 acres of prime forested property with 1500 feet of lake frontage, ten minutes from a major hospital and about an hour and a half from downtown Toronto. Under 23 bitcoins at current prices.



Thank you Bitcoin.

Do it!
Peace and serenity now is more important than pie in the sky, especially when we are not there (in the future).

Now is actually months away. This is just the land. I'd still have to build a house, although in the spring I could still drop a trailer on the land for weekend use.

The big problem is converting my coins into dollars and paying capital gains taxes. I don't have (nor want) a bank account. Luckily I have one paper wallet (my largest) which can be traced to my identity, containing about 30 coins. Hopefully that will cover it.

Great...a race between the Canadian RE appreciation and btc.
My money is on btc, but we already know that  
That said, I am envious as canadian weather, especially in the summer, is closer to my liking than 100F in Houston.
Most likely I would go for WA or OR, though, as I can stay in Canada only for 6mo straight (although it is probably enough).
pine or spruce>palm (in my book)

There should be plenty of canuck mosquitos next to that lake in the summer...    

JJG:  thank you for the invitation to have another go at calling the top.  However having gotten it wrong once (and very happy to be wrong), I do try to avoid making the same error twice in a row.

Hahahahaha

You, hairybairy, are "too smartie" for your own good. #nohomo


 

[d_eddie]

The demand for cabins was nil. Even with the lowest prices we could possibly offer and break even, nobody wanted to live on it.

While I'm sympathetic with the whole seasteading idea and I respect you for standing up and actually trying to do something rather than enjoying your likely riches, this is the critical bit, as several posts have already pointed out.

The prices you quoted ("starting from" - which seems to threaten much higher numbers) weren't that high in themselves, but that would only get you an inner cabin - no sea view. Basically, a closet to sleep in and not much more.

But the real issues come when one actually considers the reality of living there. Maintenance expenses that look like a real menace. Who's going to pay for the fuel, the food, the cleaning? Rhetorical question: me of course. I'm not sure the "only BTC accepted" policy was expressely stated by you, but it's as likely as not, and it doesn't look good to an oldschool hodler. Would it have been just crappy fiat - well, maybe, who knows. But my cornz? OMG nooo!

Imagine having to splurge btc for every drink. Maybe for plain water, too... with the monopoly market that inevitably ensues on such a closed, isolated community. Mostly consisting in millionaires, go figure. Scary as hell for the small fish.

I won't even mention the risk of having dinner table neighbors that engage in endless, unsolicited tirades. Oops, I just did! (j/k)

And with the hard rules about living onboard - rules usually made and enforced by the captain, not the stakeholders, there's the sizable risk of imaginary freedom turning into perpetual obedience. The thing we were trying to run away from in the first place.

[Paashaas]

Fck those protesters they should be locked up until this is over.

I want to apology for my harsh words. We don't live in a CCP regime.

This covid crisis effects my mental health also it's hard sometimes staying rational.

[OutOfMemory]

This guy happily and smilingly said it months ago -> https://www.youtube.com/watch?v=ELP2EFVOOYc

People still believe this is a natural virus lol... And of course blame the protesters... Fucking idiots! You love to be locked like an animal for years right? Its all just a huge hoax to sell Bills vaccine and make his vision come true. Genocide by vaccination... He said it in 2010 "500.000.000 humans on this planet are enough".

I still believe Covid-19 is a Chinese lab made virus, released to weaken/wreck the U.S economy so they can push their agenda to take over to be number 1.

maybe the truth is in between? they tweaked SARS-CoV to get a more contagious SARS-CoV-2?

maybe it was an accident to release it?

so WHO has still no access to Wuhan. WTF is China for an country?

Nah. Why should they "tweak" a virus? (which is technically hard to achieve, with absolutely not calculable results, delivering an astronomically bad risk-reward ratio).
Sars-Cov2 was found in blood samples from march 2019 in italy, the wuhan outbreak was octobre 2019 (iirc). Does not compute.
Afaik some US scientists team was allowed for research in wuhan (heard it on the radio while driving, may have been a WHO team as well).

We welcome beliefs that seem to fit our mindset, be careful which information you trust, it probably tells more about yourself than anything else. You can use this for introspection, on the other hand.

[d_eddie]

Freedom on water
sic transit gloria mundi
Satoshi is scrapped





#haiku

[JimboToronto]

There should be plenty of canuck mosquitos next to that lake in the summer...    

Mosquitos are a worldwide nuisance.

At least Canuck mosquitos don't carry malaria or dengue.

[600watt]

Elon Musk tweet discussion 

How such a progressive, futuristic person such as Elon Musk could *not yet* be onboard with Bitcoin treasuries full tilt is completely beyond me.

I could say the same for such companies as Microsoft, Apple, Google, Amazon, etc.

Methinks that powerful people have kept them dissuaded for years now.

the epicness of that twitter conversation is hard to grasp. them billionaires are coming.

[JayJuanGee]

I am thinking we go past our pages  count very soon.

I predict 28356 as the number.

That might be a good poll question(@Infofront - #nohomo), especially if the BTC price starts to close in upon the page count...   So a poll question would maybe give ranges of numbers in which page parity might be met..

Sure, one of the problems with page parity and if there were any bets upon it, it could be manipulated... but anyhow, sure page parity could even come this month.. we only have 11 more days in the month.

We also know that reaching page parity does not necessarily presume it to be sustainable.. and many of us might recall (or be able to search back in WO thread history) that page parity was briefly reached and exceeded only for times during one day in December 2017 (at the peak of the December 2017 price our page count was around 19,200-ish.  We can see that from subsequent deletion of posts, the December 17, 2017 peak is around 18,700 pages currently)

[explorer]

Fck those protesters they should be locked up until this is over.

I want to apology for my harsh words. We don't live in a CCP regime.

This covid crisis effects my mental health also it's hard sometimes staying rational.

Might be time to tune out the MSM for a while...   Or forever.

[Paashaas]

Might be time to tune out the MSM for a while...   Or forever.

Nha, i rather stay updated so i can anticipate the situation better not by reading like MSN.

Belgium, Italy, Netherlands, Czechia, France, Ireland, Austria and Germany suspending flights and train arrivals from England.

Countries responding fast. Kuwait, Isreal, Bulgaria, Sweden, Romania, Luxembourg also banning flights from the UK.

Border closed for UK travelers entering Belgium for 24 hours while deciding what to do.

Mutated virus also discovered in The Netherlands, South-Africa, Italy and Denmark.

Stay save.

[OutOfMemory]

Elon Musk tweet discussion 

How such a progressive, futuristic person such as Elon Musk could *not yet* be onboard with Bitcoin treasuries full tilt is completely beyond me.

I could say the same for such companies as Microsoft, Apple, Google, Amazon, etc.

Methinks that powerful people have kept them dissuaded for years now.

the epicness of that twitter conversation is hard to grasp. them billionaires are coming.

consider, every bitcoiner is still an early bird in the history of BTC.
Normal people don't grasp this, they finally will when it's too late, as always.
Remembering you of my brother in law, hwo said he should have got in when btc was $400, but now it's no more worth it. When i offered him to pay him with bitcoin (@ $9k) he refused, throwing that narrative out again and adding that BTC will never ever go over $10k again. He will say such things at $50k, at $100k and probably at $1m as well.
Elon can make this decision within days or weeks. What a great sunrise  

[jojo69]

[OutOfMemory]

Belgium, Italy, Netherlands, Czechia, France, Ireland, Austria and Germany suspending flights and train arrivals from England.

Countries responding fast. Kuwait, Isreal, Bulgaria, Sweden, Romania, Luxembourg also banning flights from the UK.

Border closed for UK travelers entering Belgium for 24 hours while deciding what to do.

Mutated virus also discovered in The Netherlands, South-Africa, Italy and Denmark.

Stay save.

Completely over-exaggerated.
It would be easy to test for sars.cov2 at (a safe) check-in. On destination airports: No test? Quarantine for 10 days.
Banning flights is way more expensive.
When you vote for idiots, these are the results.

[Paashaas]

Belgium, Italy, Netherlands, Czechia, France, Ireland, Austria and Germany suspending flights and train arrivals from England.

Countries responding fast. Kuwait, Isreal, Bulgaria, Sweden, Romania, Luxembourg also banning flights from the UK.

Border closed for UK travelers entering Belgium for 24 hours while deciding what to do.

Mutated virus also discovered in The Netherlands, South-Africa, Italy and Denmark.

Stay save.

Completely over-exaggerated.
It would be easy to test for sars.cov2 at (a safe) check-in. On destination airports: No test? Quarantine for 10 days.
Banning flights is way more expensive.
When you vote for idiots, these are the results.

These are the latest covid headlines.

I just wanna add my concern to other people here, i can stop if people are not pleased by it.

[JayJuanGee]

I picked a good year to come back to the wo.

Yes... exactamente!!!!  Welcome back ur lil selfie.       

We (the royal we of course) can attempt to whip you back into shape to try to cause you to realize (and accept - stubborn as you can be) that BTC price dynamics are inspired by MOAR than just BTC mining incentives.