Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17045. (Read 26586454 times)

It's not all or nothing, Searing.  Intuitively, you seem to know that, even though you are spouting out about selling just in case prices go to $1k... hahahaha 

I have seen before that you seem to like this number 100BTC and you seem to want to maintain your holdings at that, even when you sell some you want to get them back, and there is nothing wrong with that - except you seem a little bit nervous about holding that much and how much actual dollars it represents (and of course profits), and in that regard, maybe you should take some profits.  Maybe, you could take 5 BTC off the table or or 10btc or a greater amount or a smaller amount.  You do not have to bet the whole lot.

Even taking 1 BTC off the lot for every $200 rise, would still leave you with nearly 90BTC if we were to reach $5k, but sounds to me that you would like to take a bit more off the table, even though you like that 100BTC number.

Go on, tweak the number in order that you feel more comfortable and plan for the rise.  At least make an outline of a plan that is comfortable for you and that you can live with either way.

I'm at about 91% BTC in my BTC investment fund, and I am pretty comfortable with that at these prices - however, if prices shoot up to $5k, I will probably be around 85% - but that still can leave me in a kind of quandary about whether I believe my cash is working hard enough.  Yeah, of course, if the price drops, you wish that you would have sold more and if the price goes up, you wished you would not have sold so much.  You are never going to get around that dilemma, so you gotta just embrace whatever plan you make and just tweak it on the edges, rather than taking drastic steps.

So you're basically saying that seasteads will be such a great thing that people will be clamoring to get to one.

Reminds me of the early days of Bitcoin when the Keynesians were saying that nobody will ever buy bitcoins because the value will keep rising.

So fast up and down?

Are you thinking in terms of percentage or absolute numbers?

Because it is percentage what counts.

When/IF Bitcoin is at $50.000 we will probably see swings of $1000-$5000 a day as if it wasn't any big deal. That's a 2-10% a day. Which is not that rare in stocks market btw (not the index, individual stocks).

lol how old money and banks see bitcoin... a sub they can't track and can't control ..that can nuke their ass.....lol

lol well yes they weren't much of a match. point is pirates will seize bigger gvt assets

Can someone answer Why then price is getting So Fast down And up the whole time?
Were not in a correction mode i geus...

I see, that makes the whole thing much clearer, thank you for taking the time to type that! It's a great concept and I'll be happy to support it when and if I can.

I'd be interested to find out more about the logistics of such a thing - are there plans to grow food and produce energy within the seasteads?

It doesn't seem powerful enough to bother...

Maybe now? Who knows.

Pirates sound scary!

https://www.youtube.com/watch?v=DFxK7o74-kY

Could even make a sport out of them...target practice.

You just had correction a few hours ago! 


Next one is uncertain... It can be a smaller one now... or a bigger one after $3200 < > 3800$  ... but from what I see the US dollar keeps devaluing like a happy champ!      ... So that might influence things a bit.

btc decentralises nation states - what is for example the USG without the US$? and what is the USA without the USG? Angry people with guns.
and boats. any ship or island when that shtf will be a sitting target for pirates.

Where is correction?

Though currently it is being spun as a "green technology" to appease the environmental mafia, the concept is similar to cryptocurrencies in that you can spin up your own "government" and let the best one win.

We're just about to start Phase 1 which is building a prototype in a nation's protected harbor with limited autonomy. Phase 2 is moving 12nm outside of the nation's borders but still in fairly shallow waters and inside the nation's EEZ. The final phase, Phase 3 is an autonomous seastead 200nm from any nation in international waters. Basically creating a new floating nation. The first one will be like Bitcoin and grow bigger and better over time. While others will duplicate the technology and concept and build their own seasteads in various places around the world implementing their own concepts in the hopes that people will join them.

One of the keys to the concept is that your home/platform is mobile. If you don't like the way things are being run you just float to another seastead that you do like. It allows for competing governments in an incubator type of fashion where something much better than our current governments will arrise due to the free market force of choice.

One example given is that if the government of a seastead declared war with someone, they might be surprised to wake up in the morning to discover that all of their citizens floated away in middle of the night to form a new seastead.

I spent a week in Tahiti last month at a conference with some very intelligent people who are working to bring the first seastead to French Polynesia. The president welcomed us and they are very open to giving us a special economic zone in one of their protected harbors. The company that was formed, Blue Frontiers, should be taking investors soon. I spoke with their finance guy and told him to contact me as soon as they are ready for investors. I also sat down with their crypto workgroup and was humbled by the amount of talent that team brings with it. We definitely want people to be able to use Bitcoin to invest and record property ownership on the blockchain. The legislation should go through around January, then things will take off from there.


TL;DR Seasteading will allow for the decentralizing of nations the same way Bitcoin decentralizes currency.

It is easier if you mined all your equip purchases back, as well as the btc remaining you
Have nothing in it. Indeed still mining ltc at 10k a month net. That too could all end for
Ltc scrypt-pow mining by dec. Indeed I almost sold equip in march at 1 btc per Titan at $4.15 ltc.

At $30 ltc now I'd be a crying.

So hell, ride it out. If the bubble dumps to 1k usd I'm still way ahead
Of last July at $450 btc.

The key is in my case I mined all my initial $$ back via equip purchases.

Thus imho it is easier to go for it vs someone with a $45k usd stake in
This and scratching head at triple profit.

Likely my view is just convuluted denial to hold. But seems to work
In my case.

I've pulled out ~13x my original investment in the last few weeks. And it only dented my principal.

Well, I didn't really pull it out. It's overwhelmingly on exchange in open buy orders. At profit, of course.

Sure as shit, there'll be a nasty overshoot correction. We're still not doubling per days, so not yet. 3x more? 10x more? Who knows? But I'll be ready to buy back in the aftermath.

If my exchanges don't cut'n'run in the meantime, that is. Calculated Spitballed risk.

You know what I tell these people? "You didn't tell me when to buy, so don't tell me when to sell!"

Can you post something elaborating on why seasteading is a world changing technology? I fail to see the implications...

When I think Real Estate I think of a house that will sustain me for the rest of my life. That means off grid, ability to grow at least meager food, or some means of survival. For me that could be a sailboat with solar panels and a fishing pole or a ranch in Texas.

Or a seastead 

Oh. Well. That's different, then.

I thought we were talking about NLC.

The rise was pretty predictable. Not the specifics, mind you. But the mere occurrence was (and continues to be - going forward) inevitable.

i can't believe you don't take profits. You haz balls. Or you're just crazy.