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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4304. (Read 26713621 times)

legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Yeah, but a full floor (or even 2 or 4 floors) condo isn't exactly a crash pad ! Unless you crash with an entourage (or a harem).

You don't?

Not yet. Maybe when 1 BTC = 1 million dollars :d

Pro-tip: timeshare.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Yeah but they also have made their platform upgradeable.

Did you read the article?  the guy really did a great job of putting all the updated info in there with standard benchmarking as well.

Sure, I'll take another look when it's released. In the meantime, I have a February deadline and the 200 for the pinephone with convergence kit is a fairly friendly amount.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
sub $10k = 2%
 
$10k-$20k = 6%

$20k to $30k = 12%

$30k to $40k = 18%

$40k to $46k = 23%

Total percentages for downspike scenarios:  61%

then hopefully you are able to line up your BTC buy orders in accordance with your assignment of probabilities accordingly.  So of course your numbers might be different than the ones that I have described above.. and maybe those are approximations of my own?  Don't get me wrong, the fact that I might concede a down spike having 61% odds of happening would not mean that I would necessarily consider any of these to be sustainable or even BTC's likely direction, since I still consider that we are in a bull market, but there could be some questions regarding how much more downward movement might happen, how long it might last, and then if such additional down does end up happening, then does such down change the odds of more down or take us out of the bull market after a certain price range or duration in being at such price range.

My lowest order is actually at 20000$.

O.k.  I suppose that we might be in a similar spot in terms of our current choices regarding our balancing of our actual preparations... sometimes my orders will be in alignment with the maximum downside prices that I believe are possible, and other times, my orders might fall short, even though I might consider that if the price goes below my preparation area, then I may well need to garner some more money, but I am not going to be psychologically devastated because I had already mentally prepared for that the price might go to some lower point even though I had not dedicated finances to such extreme scenario(s).

Why do you only allocate 61% and not 100% ?

Of course there is a little bit out of my ass in these numbers, and maybe I should attempt to be more granular.. but in some sense the other 39% (that I did not assign within that list) would be ascribed to scenarios in which there was never any spike down below $46k.. so I do realize that my retaining 39% in reserve for the possibility that their is NO down below $46k (even a spike) might be a bit too big of a probability assignment for that scenario, and maybe I was ball-parking the whole matter a bit too much.

A few days ago, when I attempted to assign my then probabilities to the BTC price range in which the top will be for this cycle and when the cycle will end, I made sure that the answers to those two questions each added up to 100%, and of course both UP and down were included (while focusing on UP), but the question was different because of talking about where the top might be versus the question that I was attempting to answer in my post to you in regards to where I was estimating the bottom might spike down to (and would ONLY necessarily need to be temporary.. but of course, if the BTC price really did end up going down into some of those lower ranges, then there might be a need to reconsider the assignment of probabilities of where the bottom might end up spiking down to).

Why do you only allocate 61% and not 100% ?

39% are upside scenarios?

Yes, correct... my ballpark estimate of the upside is more or less what I had considered the remainder of 39%..

I did not sell any btc to increase spending, but had to make some moves in a couple of unnamed alts that had obscene gains in 2021.
House remodeling is expensive.
My bitcoin stash keeps accumulating (slowly) due to mining rewards.

For those of you who like viewing some expensive RE (I have to say that the buildings themselves are amazing from the engineering perspective), check out this, although this is probably out of reach for almost everyone here...but in 10 years...who knows:

https://www.youtube.com/watch?v=Wehsz38P74g


In New York?

OK as your second or third home, I guess.

maybe..the vibe from a promoter/re agent was that this is like owning a Picasso-something very unique and there are only about 400-500 apt total in skyscrapers like this (in NY).

That's part of the quirks about any realestate, no?  Sure, part of the value proposition will be location, location, location, and there will be both subjective and objective aspects regarding how much that real estate will be, and it also seems that if there are more people who agree about the location and the view and the convenience, then it is going to be easier to charge a higher price for it and potentially it would retain its value too.. but sometimes when the property is under various controls of others, then there could be future developments or happenings that increase or decrease the value too... so you may have thought that the luxury condo on the 65th floor in billionaires alley was going to be able to sell for x * 50% in 5 years, but maybe it ends up that the single family home with a view on long island ended up retaining its value much better.. and there were fewer parties involved (even change of ownership of the overall building and some of those contractual relations therein.. who wants to end up in court or in a class action law suit or find out that there was some other nefarious happenings that ends up bringing down the value of the condos within some of those properties.. maybe some suffer bad fate and others end up weathering the various future happenings better).   
legendary
Activity: 2050
Merit: 1184
Never selling
Quote
On the orders of Russian authorities, ISPs in Russia have blocked TorProject.org, the main domain of the privacy-focused anti-censorship tool Tor. The move comes hot on the heels of moves to block access to the wider Tor network following allegations that the service helps people to access previously blocked sites and facilitates crime, including access to the dark web.

https://torrentfreak.com/russia-blocks-torproject-org-and-begins-blocking-of-wider-tor-network-211208/

Governments just looking out for the people again no doubt.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Quote
On the orders of Russian authorities, ISPs in Russia have blocked TorProject.org, the main domain of the privacy-focused anti-censorship tool Tor. The move comes hot on the heels of moves to block access to the wider Tor network following allegations that the service helps people to access previously blocked sites and facilitates crime, including access to the dark web.

https://torrentfreak.com/russia-blocks-torproject-org-and-begins-blocking-of-wider-tor-network-211208/
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
I AM getting really fucking offended at the Mod of this WO thread that you can post this fucking over the top rant
For what it's worth: infofront hasn't been online in 4 days.

After all Covid discussion here was forced, yes FORCED off this WO thread
I missed the part where that happened, but if that was the case, I assume infofront will use his delete button again when he's back.

Quote
This was supposed to be neutral ground to talk about Bitcoin and other world happenings.
I do like that, without the drama caused by other differences of opinion. Let's face it: "we" here have only one thing in common. Except for proudhon of course, we have nothing in common.

I am ONLY going to send an smerit to Loyce the voice if he was being sarcastic or attempting some kind of lame-ass humor.

If you were being serious Loyce, then no smerit will be sent to uie-pooie.

Yeah.. merit leverage (of one merit that you really would like to receive) at its finest is going to force you into compliance. I am a poet and did not know it.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 2604
Merit: 961
fly or die
Yeah, but a full floor (or even 2 or 4 floors) condo isn't exactly a crash pad ! Unless you crash with an entourage (or a harem).

You don't?

Not yet. Maybe when 1 BTC = 1 million dollars :d
legendary
Activity: 2050
Merit: 1184
Never selling
It seems many people are fairly bearish right now. I wonder if every time the price increases the reason it gets pushed down again is the bears start leverage shorting aggressively on the price spike. Perhaps we are going to get a short squeeze soon enough. Coins are still being taken off exchange and on-chain is generally bullish.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Open Sauce hardware and OS is what really matters here.

Yes. And the Librem is more pure in this respect but they are working with dated hardware and have just pushed release another year out. That's not a great place to be in the tech world. I'm ready to be giving Google the boot so if the experience isn't perfect, I'm happy to live with that.

Yeah but they also have made their platform upgradeable.

Did you read the article?  the guy really did a great job of putting all the updated info in there with standard benchmarking as well.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Open Sauce hardware and OS is what really matters here.

Yes. And the Librem is more pure in this respect but they are working with dated hardware and have just pushed release another year out. That's not a great place to be in the tech world. I'm ready to be giving Google the boot so if the experience isn't perfect, I'm happy to live with that.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
https://amosbbatto.wordpress.com/2021/12/10/comparing-l5-and-pp/

Quote
I’m guessing that Purism included these extra accessories in the box, partly to make people feel like they were getting their money’s worth, since the phone is so expensive at $1199 for the Librem 5 and $1999 for the Librem 5 USA. The L5 comes in a big box, which is designed to impress, and I can’t help wondering if it is also partly designed to convey quality.





Looks like standard accessories to me, combined value ~3-5 dollars.

I've settled on a Pinephone as my next phone. My current G7 is due to stop working in February and I broke the screen by stepping on it last week in a rare act of carelessness. I was waiting for the L5 but I think they've got themselves in a position where they're a dead man walking. Good luck to them though, I'd like to see them succeed.

Everything I've seen says that the pinephone isn't quite there yet. Probably the pro will be better but it will be twice the price. I'm hoping the pinephone will be "close enough" as I don't mind having to work a little and there might be some opportunities to do something interesting while things are still fairly early.

Open Sauce hardware and OS is what really matters here.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Yeah, but a full floor (or even 2 or 4 floors) condo isn't exactly a crash pad ! Unless you crash with an entourage (or a harem).

You don't?

I'm actually considering buying a flat near my workplace, and a house further out, because the budget for a house that I like is too much, just to be closer.

I worked for a place that would put me up in a hotel two nights a week (four day workweek) as I had a two hour commute. Being away from home two nights a week was rough and the commute still not fun but the three day weekend definitely made up for it. Great job too and very flexible on hours though it didn't pay enough. Looking back, I probably should have seen if I could have found a way to get my income up but I was ready to end that commute by the end of it anyway.

You might consider renting a room or something. A lot of people looking for a little extra income right now.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
https://amosbbatto.wordpress.com/2021/12/10/comparing-l5-and-pp/

Quote
I’m guessing that Purism included these extra accessories in the box, partly to make people feel like they were getting their money’s worth, since the phone is so expensive at $1199 for the Librem 5 and $1999 for the Librem 5 USA. The L5 comes in a big box, which is designed to impress, and I can’t help wondering if it is also partly designed to convey quality.





Looks like standard accessories to me, combined value ~3-5 dollars.

I've settled on a Pinephone as my next phone. My current G7 is due to stop working in February and I broke the screen by stepping on it last week in a rare act of carelessness. I was waiting for the L5 but I think they've got themselves in a position where they're a dead man walking. Good luck to them though, I'd like to see them succeed.

Everything I've seen says that the pinephone isn't quite there yet. Probably the pro will be better but it will be twice the price. I'm hoping the pinephone will be "close enough" as I don't mind having to work a little and there might be some opportunities to do something interesting while things are still fairly early.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 2604
Merit: 961
fly or die
maybe..the vibe from a promoter/re agent was that this is like owning a Picasso-something very unique and there are only about 400-500 apt total in skyscrapers like this (in NY).

Ah, so more like somewhere you can crash when you're in the vicinity.

Yeah, but a full floor (or even 2 or 4 floors) condo isn't exactly a crash pad ! Unless you crash with an entourage (or a harem).

I'm actually considering buying a flat near my workplace, and a house further out, because the budget for a house that I like is too much, just to be closer.

Basically I can get an OK house, barely OK even (quite ugly), good size and with a decently sized plot of land, not too close to neighbours (but not far either), and about 45min-1 hour drive from my work (if traffic isn't too bad), for 10BTC (I wouldn't spend BTC). Or I can get a better house, with a bigger plot of land, for about 6 BTC, and it's 1h30 away.

1h30 drive each way, every day, is too much, however I just changed teams at work and will now have 2 days of telework. So I'm considering the better house. Plan A would be to just do the drive. If it's too much, I'm too tired or something, I can take a hotel room or crash at my parents' who live nearby. Or I can spend the 4 BTC I saved and buy a 1-2 bedrooms flat near my work and sleep there 2-3 nights a week. The flat would also be a decent investment. However it means spending more in fees, taxes etc.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
https://amosbbatto.wordpress.com/2021/12/10/comparing-l5-and-pp/

Quote
I’m guessing that Purism included these extra accessories in the box, partly to make people feel like they were getting their money’s worth, since the phone is so expensive at $1199 for the Librem 5 and $1999 for the Librem 5 USA. The L5 comes in a big box, which is designed to impress, and I can’t help wondering if it is also partly designed to convey quality.






Quote
The PP costs significantly less at a price of $149.99 for the PinePhone Beta with 2GB RAM and 16GB Flash storage and $199.99 for the PinePhone Beta with Convergence Package with 3GB RAM, 32GB Flash storage and a USB-C hub. PINE64 makes little effort to impress the consumer with the PP’s small white box, which is minimalist in design, and it doesn’t contain an instruction manual aside from a single card with links to more information on the web site. Unlike Purism, PINE64 assumes that its customers are Linux enthusiasts who don’t need any hand-holding.

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