Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3814. (Read 26713792 times)

Explanation

Palma is fairly big.

That town on the photo is small, it doesn't even look like a tourist place.



I would agree it's Spain. Some kind of small hiking trail?

I feel you both. I've been thinking for a long time, trying to find a way to live off corn without actually spending corn. It seems impossible until you realize it only depends fundamentally on a NGU state.

Collateralized debt that can be margin called when NGD is risky. I don't like the looks of it. However, clever system might be devised in the (hopefully near) future when there are enough happy bitcoiners to create a demand.

Debt that is backed by corn, with an implicit bet that NGU (with some corn erosion if not). This could be viable if the time horizon is long enough - say, over 4 years? That's the first time range that came to my mind for some reason. Especially if the loan can be repaid earlier with a discount on the unpaid interest (for unpaid time), this really can get workable. It is tantamount to a long position with low margin on perpetual futures. If the corn goes up seriously, you shave off as much as needed to pay out the loan.

The system that feels the most comfortable to me uses out of the money covered call options. You write (sell) some call options now, promising you'll sell the corn at a certain strike price on a certain date. You get paid a premium for this promise. You get the premium immediately. I would write a call option @300k today, but since the strike price is so preposterously out of the money, the premium would be slim. On expiry, two things can happen: either the price is below 300k, so no one will ask you to buy at that price, and you're good; or the price is above that, so you are forced to sell for "only" 300k per coin.

There might be other ways. Or better said, I'm sure there are - but some are risky (DeFi trickery involved), and as for the others, I'm willing to hear and learn. Which better place for that than the WO?

That's why they need BTCiTcoin. To build more prisons. The moment a prison is not overcrowded and there are less people you can interact with, loneliness interferes. Self development happens from the pain of loneliness and you appreciate more the presence and interaction of another human. More prisons and less interaction between people makes them grow as a society.    

SO where are all those that told me I was insane when I said El Salvador is NOT a place you want to move to?

https://www.youtube.com/watch?v=2KrF6TsQvr4

Explanation

You don't need to fight Alzheimer's if it never develops.
In other words-organs and tissues that are rejuvenated (less age functionally than the clock shows) are less prone to disease.
Aging is a fundamental condition, Alzheimer's is a consequence of an aged brain tissue (typically).

When I was talking about fighting aging, I was not talking about being 80 perpetually. That would be nonsensical.
How about 40 or even earlier?

Explanation

This is something I am also facing, and kind of feel like you do.  I am going to need to come up with some cheddar due to things going on in my world...  This is one option.  Borrow against my stack?  Or just sell some.

Or another option is a line of credit... a loan not collateralize against the corn, but backed up by it for me.  In other words... get a loan and then HOPEFULLY pay it off with a smaller amount of Bitcoin than it would have taken to do right now.

But on the other hand there is ALWAYS the possibility that BTC goes down, and I lose that bet. 

Meh.

... earlier ITT: Using Bitcoin-collateralized loans to buy more Bitcoin.

Risky AF. Given how lucky I have been in life, I'm not sure I have the fortitude (even with the plate-training) to handle a strategy like that - even with 5%-10% of my stash.

Seems like the down-side risk is way too high IMO.

Ultimately, I get that NGU on a long-enough timeline, but the short-term volatility might fuck you hard without lube, and that's never fun.

Especially if they haven't enema'd and showered beforehand, if you catch my meaning...

Look like Palma, Grand Canaria, but I am not sure...
I am driving! Cannot do the right fuckery!

Tenerife.
Close to the Mirador Barranco De L'inferno.
Looking for the exact stone!

Barranco de Las Torres:


https://goo.gl/maps/8jid5WpMNmrzgyDz8

Explanation

Sorry, too short on time atm.
But i would start at a volcanic island or coast, the ground and rock erosion looks very much like fruitful lavastone, the vinyards in the background emphasize my assumption, because especially white wines are grown with outstanding success on this kind of ground.
I may be wrong, but i can not find out today. Fillippone will teach us again, i guess 

Good luck to all!

You wish to sound and feel smart. But you are dumb AF! Go do some more cocaine, it will give ya more powahhh!!



Maybe miners stop selling, and they hoarding. Maybe regular people decided to get out of exchanges. Maybe a big investor bought lots of coins and pulled them out.

Who cares anymore!.. IT IS GOOD THAT NO ONE IS SELLING ! Or if they are, they are not doing it on the exchanges.    

Explanation

I guess you have missed the point completely. 

Good. People learned and drawing their satoshi out of the exchanges.    

The only part of this theory that does not make sense is the fact that Satoshi and Hal seemed to disagree a little about core issues.  Scaling for example.  Hal foresaw the way we ARE scaling with L2s as banks basically.  He also foresaw the need to keep blocks small while Satoshi was still talking about nodes centralizing leaving the door open for the BSV freaks.

That said, Hal certainly could have been having both sides of that argument as a form of opsec.

But there's no doubt Hal is at the very top of the list of possible Satoshis...

What else would you expect from a scam artist.
You would have to ban all free time regular activity that consumes power. If my hobby is Bitcoin mining so be it, if its tractor sled pulling, drag racing, building a marble machine or what other crazy thing you can think of, it's my money and time.
And every 4 years some miners drop out anyway.

5 Billion dollar yachts must be ok i guess
https://www.atlasmarinesystems.com/most-expensive-yachts/

https://twitter.com/BTC_Archive/status/1508810202170200076