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

[Biodom]

Regarding bequeathing, I haven't decided yet what to do.

It mostly depends on the overall value with respect to $$.
Different value means things could be organized differently: RE, trust(s), organizing a charity or contributing to one, etc., etc.
Depending on the number of zeroes, you could do one type of things or another as direct inheritance could be a blessing or a curse.

[ChartBuddy]

Explanation

[JayJuanGee]

[edited out]

 As we all know you are much better at managing your stash then me and that's just the way it is. But on the other hand, I have a Lambo

I know that you are excited.. .so I suppose that might be part of the reason that I am holding back... another part surely is personal discretion. .so not trying to take any of that away.

Call me a party poop if you must.

[strawbs]

And maybe one day Strawbs will come over and drink some of that whisky and look at the sunset.  Maybe others of you can come for a visit too!

Still looking forward to it cAPS. And to returning the favour at my mountain retreat sometime.

[Arriemoller]

(I am translating from the sensible fahrenheit to the non weather sensible celcius for you Europeans and lovely brave Canadians (HONK), although I agree the US are cavemen as far as the metric system goes F is just better for weather, while C is great for science or cooking.. anyway never mind that).

Given the rest of the content of your post, the science of when water freezes might be considered fairly relevant. In truth, both are arbitrary and fine

I am poking the bear with that.  But I do also mean it...  As I said C is better for science (and cooking which IS science really) for sure.  0=freezing 100=boiling.

But 0-100 in F represents a (less exact) useful range of general temperatures for the outside environment with better granularity in between at the unit. 0=cold as hell and 100=Texas.  with 60-80 being a nice 20 point comfort zone.  But you only get about half the whole number granularity with the "science numbers".

If we can only have one scale its Celsius all day long, obviously... but the good old fahrenheit still has a place, I think.

Fun fact, When Anders Celsius first invented the scale it was 100 for freezing and 0 for boiling, it was later inverted.
Pro tip, use half scales, ie 21,5 C for more granularity.

[ChartBuddy]

Explanation

[Arriemoller]

Soo many good posts, I'm unfortunately out of merits, so, all of you, have some WOs merits.

[Hueristic]

When the bill came, he was ready to split it. I was like, "no worries, I got this brother."

That puts me in mind of a TV show worth watching, since the thread has had some of that recently. "Inside No 9". The episode I'm thinking of in particular is S03E02 "The Bill".

Never heard of inside no 9  so I checked out a utube vid on it and am downloading first season right now. )

since the thread has had some of that recently.

I really think you should start your own modded thread on this off topic shit.

[Copetech]

When the bill came, he was ready to split it. I was like, "no worries, I got this brother."

That puts me in mind of a TV show worth watching, since the thread has had some of that recently. "Inside No 9". The episode I'm thinking of in particular is S03E02 "The Bill".

Never heard of inside no 9  so I checked out a utube vid on it and am downloading first season right now. )

since the thread has had some of that recently.

I really think you should start your own modded thread on this off topic shit.

I am thoroughly triggered and insist that everyone requesting topics being removed to another thread should use another thread to do so! This thread is for discussion of THIS THREAD only!!! And all others should take it elsewhere!

[Richy_T]

Fun fact, When Anders Celsius first invented the scale it was 100 for freezing and 0 for boiling, it was later inverted.
Pro tip, use half scales, ie 21,5 C for more granularity.

Just to throw in another point that the obvious "useful" scale would be 0 for freezing (triple) point of water and 100 for average human body temp. Though again, it's arbitrary.

[Richy_T]

Never heard of inside no 9  so I checked out a utube vid on it and am downloading first season right now. )

If you're watching in company, you might want to keep some onions handy to chop for one of the episodes.

Was it this video by any chance? It's the one that put me onto it.
https://www.youtube.com/watch?v=71YO8veX7wM

[ChartBuddy]

Explanation

[Hueristic]

Never heard of inside no 9  so I checked out a utube vid on it and am downloading first season right now. )

If you're watching in company, you might want to keep some onions handy to chop for one of the episodes.

Was it this video by any chance? It's the one that put me onto it.
https://www.youtube.com/watch?v=71YO8veX7wM

This one, but i stopped it before it described the first episode.

I h8's spoilers. )


https://www.youtube.com/watch?v=V3WjA_dggDY

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Hueristic]

Damn figured that first "sardines" one out a split second before it unfolded.

Man I felt like puking there at the end when it dawned on my why he smelled.

Gross but good episode!

Shrunk the spoiler down so don't read it if your going to watch and haven't seen it.

[marcus_of_augustus]

https://www.youtube.com/watch?v=xw9VshkgxJ4&t=0s

doco :The Great Reset and the Rise of Bitcoin

[AlcoHoDL]

(I am translating from the sensible fahrenheit to the non weather sensible celcius for you Europeans and lovely brave Canadians (HONK), although I agree the US are cavemen as far as the metric system goes F is just better for weather, while C is great for science or cooking.. anyway never mind that).

Given the rest of the content of your post, the science of when water freezes might be considered fairly relevant. In truth, both are arbitrary and fine

I am poking the bear with that.  But I do also mean it...  As I said C is better for science (and cooking which IS science really) for sure.  0=freezing 100=boiling.

But 0-100 in F represents a (less exact) useful range of general temperatures for the outside environment with better granularity in between at the unit. 0=cold as hell and 100=Texas.  with 60-80 being a nice 20 point comfort zone.  But you only get about half the whole number granularity with the "science numbers".

If we can only have one scale its Celsius all day long, obviously... but the good old fahrenheit still has a place, I think.

Fun fact, When Anders Celsius first invented the scale it was 100 for freezing and 0 for boiling, it was later inverted.
Pro tip, use half scales, ie 21,5 C for more granularity.

Didn't know about the inverted Celsius scale, thanks.

IMHO, the absolute worst are the imperial units of length and weight. Surely, whoever invented those was into BDSM.

[JayJuanGee]

Regarding bequeathing, I haven't decided yet what to do.

It mostly depends on the overall value with respect to $$.
Different value means things could be organized differently: RE, trust(s), organizing a charity or contributing to one, etc., etc.
Depending on the number of zeroes, you could do one type of things or another as direct inheritance could be a blessing or a curse.

Yes, it makes a difference for your 20 BTC if BTC prices reach $1 million per BTC.. or $10 million per BTC.... only one magnitude of difference, but surely, if the $20 million in value is not feeling a bit excessively (beyond fuck you status), then the $200 million should feel that way.

...also we are potentially considering some of the matters differently if we are able to get to either $1million per BTC in this particular cycle (or one or two down the road), and even if $10 million per BTC is ONLY one magnitude higher, it surely should be within grasp for reaching $10 million per BTC within 1-2 cycles of having had reached $1 million per BTC... so could happen as soon as this cycle for the smaller end of the range, but seems reasonably reachable even in less than 4 cycles for the higher end of the range.. so decent odds of less than 16 years, even for the higher end of the range.

You better get planning soon^tm, Biodom, even with your having had taken a relatively whimpy approach to BTC with your 2015 lump summening, it is likely going to pay off quite well for uie pooie, even with your having had held back to ONLY exposing ur lil selfie with the accumulation of a mere 20 BTC.  #nohomo

By the way... we can also see that a variety of approaches to BTC have historically worked.. and yeah.. lump summing in upon a dip and just holding could work out quite well, so don't really want to be disparaging that as much as I have already made some reasonable arguments to show that supplementing a lump sum investing approach with even a pretty modest DCA can double that 20BTC without a whole hell of a lot of extra costs.. .. but yeah.. these days either 20 BTC or 40 BTC seem pretty well....

These days.. normie newbies are going to be looking at possible goals of 0.21BTC or maybe doubling it to 0.42 BTC after investing for 8 years...... and of course, individual circumstances are going to vary, so should not even be poo pooing anyone who might have been able to accumulate and HODL onto 20 BTC for 8 years or so... but each of us should be attempting to be realistic in our own circumstance, and if I was entering as a normie newbie I would strive for investing into BTC at at least $100 per week, and lump summing if I could... and hope at some point I might be able to get to 0.21 BTC and then shoot for other higher goals thereafter.. once I reached the initial goal.

Soo many good posts, I'm unfortunately out of merits, so, all of you, have some WOs merits.

Thanks.. you are so kind.