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

[Elwar]

Sounds good...will be taken under consideration when building a custom "dream house".
The only question right now is: where?
Current thinking is to go bi-coastal (a combo of FL/WA-OR-CO; Caribbean/WA-OR or even FL/Canada (Vancouver?)...less likely is one house in US, one in Europe (London or something sunny, like Portugal).
Portugal has something good going with a golden visa, but learning Portuguese might be difficult (or not).

This is something that many of us WOers will seriously need to consider. And by the looks of it, this will need to happen sooner than some may have imagined. Bob is building a ranch, Jimbo is buying a lake (man, that sounds so cool), Elwar is into seasteading (not without its troubles, but still, he's pursuing his dream).

I'm also thinking of different possibilities. It's not easy to be rich. Sometimes not having a choice is much easier than having many choices and not being able to decide (although I'd take the second option anytime).

If you live in the U.S., here's my advice to narrow things down (which I did):

1. States that favor private property rights and other freedoms (usually conservative)
2. States that have low or no income taxes
3. States that have low property taxes (this is huge!!)
4. States with moderate climates and a longer growing season
5. States that don't have to deal much, if at all, with natural disasters (i.e., tornadoes, tropical storms, hurricanes, earthquakes, mudslides, etc.)
6. States with low electricity costs
7. States that have lots of available, lost cost land within 10-20 miles of a major city
8. City near where you will live has a decent airport with international flights

If you cross reference all of this criteria, you'll find that it narrows it down to about a half dozen states at most.

No income tax is not as necessary when you retire from bitcoin. That's mainly capital gains.

I would add...gun laws. Eventually you will be gunning down people invading your land.

You may want to keep an eye on Nevada's free city laws. Check out https://www.blockchains.com/
Tim Draper even mentioned that he is looking to buy 50k acres in Nevada for such a venture.

Then again, there are the pro-Bitcoin cities like Miami.

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[BitcoinBunny]

Miami has lots of stripclubs (or so I have heard).
But then there are hurricanes.
 

At the moment with this Covid shite I'm getting bored with the reliance on the internet and not being able to do much else where I live.
Having said that, this last year has clearly demonstrated where growth will be and what we as humans will prioritise and can't do without.
Certainly Bitcoin and probably not more stripclubs.

[Biodom]

Sounds good...will be taken under consideration when building a custom "dream house".
The only question right now is: where?
Current thinking is to go bi-coastal (a combo of FL/WA-OR-CO; Caribbean/WA-OR or even FL/Canada (Vancouver?)...less likely is one house in US, one in Europe (London or something sunny, like Portugal).
Portugal has something good going with a golden visa, but learning Portuguese might be difficult (or not).

This is something that many of us WOers will seriously need to consider. And by the looks of it, this will need to happen sooner than some may have imagined. Bob is building a ranch, Jimbo is buying a lake (man, that sounds so cool), Elwar is into seasteading (not without its troubles, but still, he's pursuing his dream).

I'm also thinking of different possibilities. It's not easy to be rich. Sometimes not having a choice is much easier than having many choices and not being able to decide (although I'd take the second option anytime).

If you live in the U.S., here's my advice to narrow things down (which I did):

1. States that favor private property rights and other freedoms (usually conservative)
2. States that have low or no income taxes
3. States that have low property taxes (this is huge!!)
4. States with moderate climates and a longer growing season
5. States that don't have to deal much, if at all, with natural disasters (i.e., tornadoes, tropical storms, hurricanes, earthquakes, mudslides, etc.)
6. States with low electricity costs
7. States that have lots of available, lost cost land within 10-20 miles of a major city
8. City near where you will live has a decent airport with international flights

If you cross reference all of this criteria, you'll find that it narrows it down to about a half dozen states at most.

I am amazed that you could find anything that fits all 8 criteria.
TX, for example, has 1&2 (maybe 6-8 too), but not 3-5.
I am trending toward FL as one location because of what Maimi did, but I would rather be in a moderate climate for sure (if there is a good fit)-I love having seasons.
To me almost all states now have natural disasters, especially if you include fires in your list, well, maybe not some NE states.
I would put water (a beach or nearby) as one of the conditions that I must have.
I have lived the last couple of decades in a place that does not have rivers, lakes or ocean and it sucks.
Atmospheric moisture does not count.
A small anecdote: "Me- some on WO are buying lakes..."better half"-show me, I want a lake tooooo". Not yet.

[JimboToronto]

Good morning Bitcoinland.

Slowly creeping back up... currently $54313USD/$68545CAD (Bitcoinaverage).

Heading toward a new ATH and then on to $60k. Hopefully we're done with sub-$50k.

Go Bitcoin go.

Never before in the history of Bitcoin have we had six solid green monthly candles.  This speaks to the strength of the 2021 bull.

Umm...  doesn't that chart show 7 greenies in 2012 and 6 in 2013?

Not sure if "never before" really makes much sense...

2012-2013, or am I misunderstanding something?

Regardless, good numbers indeed.

What? You mean Bitcoin existed before 2017?  

[Parazyd]

What? You mean Bitcoin existed before 2017? 

FAKE NEWS!

[shahzadafzal]

You’re doing the right thing Billy!!!

[JayJuanGee]

Surely WO members have discretion in regards to how to carry out these kinds of matters in terms of reducing clutter, trying to be somewhat user-friendly, and/or deleting posts. .. and sometimes even if all content is retained in a later post, it could become confusing to delete earlier posts... .. and sometimes with the passage of time, it may well be better to create a brand new post with the same subject matter as an earlier post rather than placing such content in an older post.... so discretion is likely to vary in regard to the topic, for sure....**

Indeed, do as you wish. However, if you are posting, I have to assume you are hoping that people will see what you write and, given the amount *you* write, I would imagine that goes doubly for you. So the choice is between just using the forum naturally (as I have been mildly rebuked for doing), amalgamating posts and having people miss stuff or amalgamating posts and having people maybe see a repeat (something that would be a minor issue as most amalagamated posts are pretty short). Certainly for longer, more informative posts, you probably wouldn't want to amalgamate them in the first place. So yes, judgement is in order but personally, I guess I'd prefer my posts not be missed on average and would happily extend the same courtesy to others.

Kind of funny because I did not really realize that you were wanting to give me a kind of advices, so I was merely attempting to respond to the ideas of your post generally and not really thinking too much about myself or having any intention of changing any things that I have evolved into doing over the years, and possibly I don't even consider that I am doing anything that would cause anyone to miss my post.. who actually wanted to read what I have to say...

I don't give too many shits whether people read my posts or not  (except maybe there might be some motivation to whom I respond should read my response post, but sometimes I don't even give too many shits about that because I surely respond to some posts that I am pretty certain that the poster has me on ignore, so maybe in those kinds of situation no one is reading the post - even though I spent time constructing it.. not sure if I care very much), and sure it is nice to have some stragglers here or there or even some members who admit to actually reading my posts regularly...  but in the end, it seems a kind of BIG so what to me whether my posts might not be being read in a current kind of times, maybe some people read my posts and maybe I get some perceived advantage by writing them.. just for my lil selfie... similar is true for the posts of others.. sometimes I read in detail, other times I skim, and sometimes there might not be enough hours in the day to read so many posts, you prolific fucks, and I just want to get caught up... so in those cases, I might just look to see if any of the posts might happen to have pictures  

[Sayeds56]

Damn it feels good to come back after missing a day and seeing we're still above 50k.

50k+ is the new normal. Yes.

BTC has broken Strong Resistance at 52K and now heading towards 60K

 Does the "bearish bat" become something else when it breaks to the upside or is it just a failed analysis at this point?

The Bearish BAT Pattern became invalid when it broke to upside. You know well that TA is Science of Probabilities. Though Technical Charts are important Tool to predict Price action but  Charts are never crystal Ball.

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $54,100

[JimboToronto]

You know well that TA is PseudoScience of Probabilities Rationalization.

ftfy 

[Richy_T]

Sounds good...will be taken under consideration when building a custom "dream house".
The only question right now is: where?
Current thinking is to go bi-coastal (a combo of FL/WA-OR-CO; Caribbean/WA-OR or even FL/Canada (Vancouver?)...less likely is one house in US, one in Europe (London or something sunny, like Portugal).
Portugal has something good going with a golden visa, but learning Portuguese might be difficult (or not).

I wouldn't put London as a pick unless you have silly money. If you do, carry on Otherwise there are much better options for your money.

[Biodom]

Sounds good...will be taken under consideration when building a custom "dream house".
The only question right now is: where?
Current thinking is to go bi-coastal (a combo of FL/WA-OR-CO; Caribbean/WA-OR or even FL/Canada (Vancouver?)...less likely is one house in US, one in Europe (London or something sunny, like Portugal).
Portugal has something good going with a golden visa, but learning Portuguese might be difficult (or not).

I wouldn't put London as a pick unless you have silly money. If you do, carry on Otherwise there are much better options for your money.

I visited a couple of times, liked the city.
I know that it is expensive  , but if mega-cities will still appreciate more than smaller cities, then it might be good as an investment.
A flat, perhaps, not a house.

[bct_ail]

This is from November 17, 2020:


Source: https://companiesmarketcap.com/financial-services/largest-financial-service-companies-by-market-cap/


Just looked up again:


Source: https://companiesmarketcap.com/financial-services/largest-financial-service-companies-by-market-cap/

Questions anyone? 

[Richy_T]

If you live in the U.S., here's my advice to narrow things down (which I did):

1. States that favor private property rights and other freedoms (usually conservative)
2. States that have low or no income taxes
3. States that have low property taxes (this is huge!!)
4. States with moderate climates and a longer growing season
5. States that don't have to deal much, if at all, with natural disasters (i.e., tornadoes, tropical storms, hurricanes, earthquakes, mudslides, etc.)
6. States with low electricity costs
7. States that have lots of available, lost cost land within 10-20 miles of a major city
8. City near where you will live has a decent airport with international flights

If you cross reference all of this criteria, you'll find that it narrows it down to about a half dozen states at most.

The US is tricky right now. Some states are about to flip blue, especially given the electoral changes that the dems are trying to push through right now. And even if they don't, the federal government looks on a course to hugely expand its powers and oversight. I'd avoid making any big moves for the next couple of years and then try and pick carefully.

[serveria.com]

 Yeah right! Next they'll be trying to convince us that we can make phone calls without a cellular service.  Fake news!

This causes generational conflict (millennials and gen Z vs boomers and X-ers):

A friend of my son got shut down when he tried to thread a colored ethernet cable across the house (from the gigabit router to his "gamestation"). lol
...now he is complaining that he is losing precious time in those super-competitive games as Wi-fi is unable to catch up.
Case in point: no dominant female in the house would allow such ethernet cable monstrosity hanging in the living room going to the second floor (or even room to room on the first), no siree  .

Good day to you bag holders, feeling fabulous, orders got filled again.    

And I have those type of cables laying around all of my 3 homes. And ladies get constant treaths from me to not walk with long heels on them or I'l give them the heel.    

...and then you wake up... 

[BitcoinBunny]

I can't recommend London going by my own research having had some job opportunities there in the past. It also remains to be seen what post Covid will look like. Some, including the Goldman Sachs boss, reckon we will all go back to working in offices soon. I highly doubt that. Thus the question is what does a London look like long term when people have no need to go there anymore.

[d_eddie]

Having said that, this last year has clearly demonstrated where growth will be and what we as humans will prioritise and can't do without.
Certainly Bitcoin and probably not more stripclubs.

Well you never know. Cams and VR could achieve breakthrough results in personal entertainment. Integrated personal peripherals. The future looks bright.

Digital Interfaced Custom Kool Woman-like Really Advanded Peripheral

[serveria.com]

 Yeah right! Next they'll be trying to convince us that we can make phone calls without a cellular service.  Fake news!

This causes generational conflict (millennials and gen Z vs boomers and X-ers):

A friend of my son got shut down when he tried to thread a colored ethernet cable across the house (from the gigabit router to his "gamestation"). lol
...now he is complaining that he is losing precious time in those super-competitive games as Wi-fi is unable to catch up.
Case in point: no dominant female in the house would allow such ethernet cable monstrosity hanging in the living room going to the second floor (or even room to room on the first), no siree  .

Good day to you bag holders, feeling fabulous, orders got filled again.    

And I have those type of cables laying around all of my 3 homes. And ladies get constant treaths from me to not walk with long heels on them or I'l give them the heel.    

and btw which orders got filled? Apparrently not the ones down to $27k ?  

[d_eddie]

The Bearish BAT Pattern became invalid when it broke to upside. You know well that TA is Science of Probabilities.

Translated for newcomers, without the verbal subtleties of TA: "The BAT pattern is bearish if the price goes down, bullish if it goes up."

[Biodom]

Having said that, this last year has clearly demonstrated where growth will be and what we as humans will prioritise and can't do without.
Certainly Bitcoin and probably not more stripclubs.

Well you never know. Cams and VR could achieve breakthrough results in personal entertainment. Integrated personal peripherals. The future looks bright.

Digital Interfaced Custom Kool Woman-like Really Advanded Peripheral

"Yeah, well, I still jerk off manually"-"The Big Lebowski"