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

[Richy_T]

Just LOL...

JesusChristIsKingTrumpWonTheElection

https://arstechnica.com/gadgets/2021/03/rookie-coding-mistake-prior-to-gab-hack-came-from-sites-cto/

CTO is a moron. Probably did it to fix a minor problem.

I wouldn't have put money on it being an SQL injection but there ya go.

[savetherainforest]

[...]

I don't know about anyone else, but i am here for the meme and hats!

Me Toooooo!!!

But I did figure out after like a few days that no one here knew jack sh!t about where the price is going and most of them were delusional f^cks that had wishful thinking depending on their political agendas. If they sold they wanted a dip. If they bought a dip, then they wanted the price to rise. It was just that simple. But I have no worries or care, very less if I have to buy back in at 50K or at more then that at a loss. ... For now the resistance is not breaking and we still need to go down if we want $100K+ soon.  

Well this didn't age well ...
It's buying back higher than I guess?

I didn't bought back! I actually sold more!

Yesterday sold some at 51K ... and today sold some more at 52K.  Dunno how people can't see it that this is some overextended sh!t and we need at least 2 weeks of dumping to recover from this nonsense.  


I guess its "Fugazi" !!!


*edit(-0):  This month I'm spending left and right. I dunno what I will buy yet. ... But yeah... full month of shopping. I'l be busy AF!    


*edit(2): "And now I'm gonna spend your money! Nice doing business with you gents!" ... Welcome to financial communism.

[Richy_T]

Get it into orbit and use it to tether (and as material for) a space elevator.

Now, space elevators are another topic. We don't have the materials right now but fun stuff like if one collapsed, it would wrap around the world a couple of times (IIRC).

[Dabs]

coming from a very poor family and I never had any meaningful amount of money way into my 30ies. then bitcoin happened. and one day i was - of all places -strolling through the aisles of a giant home depot store when it dawned on me that prices of things lost their meaning and that i could fill up my cart with what ever i wanted - but -unlike a kids dream in a toys`r us store- the magic was gone. i bought nothing.

This happens to me all the time. The so called "Window Shopping".

Not because the prices of things lost their meaning, but any number higher than zero is a positive number for me, and I can't bring myself to buy something no matter how cheap. (Depends on the product.)

I end up going to a dollar store, and while the items are indeed cheaper, I start calculating in my head that the price per item divided by the number of items, that it costs more, so I go back to the big hardware store.

Then I buy a $5 wrench. You know. For backup purposes.

[Hueristic]

Get it into orbit and use it to tether (and as material for) a space elevator.

Now, space elevators are another topic. We don't have the materials right now but fun stuff like if one collapsed, it would wrap around the world a couple of times (IIRC).

Interestingly All the propositions I've seen are all tethered to a land base, I see no reason to not have it hanging with a landing pad as that would alleviate most of the issues they have been trying to work out.

[Hueristic]

Then I buy a $5 wrench. You know. For backup purposes.

they also have the dual use case of key recovery.

[Richy_T]

Interestingly All the propositions I've seen are all tethered to a land base, I see no reason to not have it hanging with a landing pad as that would alleviate most of the issues they have been trying to work out.

Alleviates some, aggravates others. Always a trade-off. There was quite a definitive article a few years back but I have no idea where to find it again. Larry Niven has covered some of the issues in one of his essays too.

they also have the dual use case of key recovery.

Great minds think alike.

[Elwar]

I'm selling almost every day (DCA) to pay for our lake.

We started with regular cars, then lambos, now ranches and lakes...soon whole building blocks and/or villages, then islands, maybe asteroids, planets, stars, etc
  

For me, Bitcoin has "bought" me the most important thing in the universe: time, and the peace of mind that I can survive and do anything I ever wanted to do, without having to work for it. My life is already full, no need for Lambos or lakes. I own two wonderful houses, one in the city, another in the countryside, right next to a beautiful beach. My car is 6 years old and in pristine condition. Frankly, sometimes I'm trying to think of what to buy, but I'm out of ideas...

tl;dr: The most important thing that Bitcoin can buy, is TIME! The time one needs to do the things that really matter (and these are almost never material, although most people have been conditioned/brainwashed to think they are).

Thank you, Bitcoin!

coming from a very poor family and I never had any meaningful amount of money way into my 30ies. then bitcoin happened. and one day i was - of all places -strolling through the aisles of a giant home depot store when it dawned on me that prices of things lost their meaning and that i could fill up my cart with what ever i wanted - but -unlike a kids dream in a toys`r us store- the magic was gone. i bought nothing.

I had this same thing happen. When I first started hanging out with my wife, Nadia, she loved going to the mall. We would walk and walk and all I could think was what a waste of time it was but it seemed to make her happy so whatever. I told her that they could give me the whole mall and tell me that I can take home anything I wanted. There isn't one thing I could think of that I would want in that mall.

I am certain that there are a lot of people out there that would fear such a feeling spreading throughout the populace. They need us to desire crappy material items.

I wonder if a year of people not going to restaurants or shopping all day has disrupted such a feeling and given people the break they needed to get over their addiction to such things.

[nanobtc]

20 years ago I had a young brother-in-law that was intelligent, but a general goof-off at life. He worked throwing trash into a truck. He won 2 million at one shot in a casino, he immediately quit his job. I imagined he would blow it on beer and monster trucks.

He had two children whose baby mamas came out of the woodwork after him (he was paying nothing) for years of no support. Later I looked him up in his state's online court search. There were several court actions against him from financial institutions, and a few other things that I attributed to bad spending habits.

The last I heard he lost it all and was throwing trash into a truck. Still going to the casino, "because he's lucky".

[Hueristic]

Interestingly All the propositions I've seen are all tethered to a land base, I see no reason to not have it hanging with a landing pad as that would alleviate most of the issues they have been trying to work out.

Alleviates some, aggravates others. Always a trade-off. There was quite a definitive article a few years back but I have no idea where to find it again. Larry Niven has covered some of the issues in one of his essays too.

they also have the dual use case of key recovery.

Great minds think alike.

Larry Niven is one of my all time favorite authors.

Need a feature length Ringworld movie.

[Richy_T]

I am certain that there are a lot of people out there that would fear such a feeling spreading throughout the populace. They need us to desire crappy material items.

If you care to read, "Brave New World" covers this nicely.

[Elwar]

Get it into orbit and use it to tether (and as material for) a space elevator.

Now, space elevators are another topic. We don't have the materials right now but fun stuff like if one collapsed, it would wrap around the world a couple of times (IIRC).

This is stuff we're working on...it was the whole point of our seastead in Thailand.

https://en.wikipedia.org/wiki/Launch_loop


It would need to be done in the ocean.

Strangely enough, about a week before the Thai navy came after us a friend of mine told me that he has had friends killed who were trying to create technology to go into space.

[Richy_T]

Larry Niven is one of my all time favorite authors.

I rank him as my favorite. Though it's a purely subjective thing.

Need a feature length Ringworld movie.

Right now, Hollywood can just stay the fuck away from anything I love, please.

[savetherainforest]

Is this a dump for ants?!?

[marcus_of_augustus]

I'm selling almost every day (DCA) to pay for our lake.

We started with regular cars, then lambos, now ranches and lakes...soon whole building blocks and/or villages, then islands, maybe asteroids, planets, stars, etc
 

You missed out my favourite from the list I'm looking forward to most; the gentlemen's club.

... gentlemen's club on a lake? 

... maybe with some lambos parked outside next to the racetrack on the adjourning ranch

[marcus_of_augustus]

Just watched the RGB demo call. I am still confused as to how it works and I have delved deep into colored coins for several years. I guess that wasn't the point of the demo, explaining the underlying mechanisms (which I have perused but still don't quite get it).

They showed the app on testnet creating an asset then transferring an asset. They said it will be able to work over the liquid network, Lightning Network as well as the regular bitcoin blockchain. All anonymously such that nobody can tell what has been transferred by looking at the transaction.

One big sneak peak they gave was that future development will include staking and DEX with Bitcoin. Defi is coming to Bitcoin. They said it's about a year out.

Their app is still in alpha stage, coming out on iPhone soon.

thanks for these updates Elwar, much appreciated.

[Richy_T]

Strangely enough, about a week before the Thai navy came after us a friend of mine told me that he has had friends killed who were trying to create technology to go into space.

Mainstreaming space will definitely open a can of worms and rock a few boats.

[El duderino_]

 

[Elwar]

Strangely enough, about a week before the Thai navy came after us a friend of mine told me that he has had friends killed who were trying to create technology to go into space.

Mainstreaming space will definitely open a can of worms and rock a few boats.

One eye opening thing I was told is...whoever controls Earth's orbit, controls access to space for all humans. And eventually the whole world.

[savetherainforest]

I'm so gonna sell some f^cking more if it goes over 52K...