Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6071.

AlcoHoDL

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Addicted to HoDLing!

Quote from: OutOfMemory on February 17, 2021, 05:00:47 PM

The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!

EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?

Stupid questions: I've always wondered... How did the owners keep their tulips in good condition? Weren't they worried that they may dry out and die? How long can a tulip even last?

I would be very worried if I had to take care of my Bitcoins like plants. You know, water them, get them out in the sun, protect them from pests, feed them with nutrients... Hard work! Fortunately, my Trezor and/or paper seed backups don't need anything to survive, not even power. Maintenance-free forever!

OutOfMemory

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Activity: 1708

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Man who stares at charts (and stars, too...)

Quote from: El duderino_ on February 17, 2021, 04:41:49 PM

it's hilarious to still see bitcoin being compared to the tulip bubble

fairly easy to spot the difference

https://twitter.com/JosephTodaro_/status/1361763262581272576?s=20

The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!

EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?

El duderino_

legendary

Activity: 2744

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BTC + Crossfit, living life.

it's hilarious to still see bitcoin being compared to the tulip bubble

fairly easy to spot the difference

https://twitter.com/JosephTodaro_/status/1361763262581272576?s=20

OutOfMemory

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Man who stares at charts (and stars, too...)

Quote from: Richy_T on February 17, 2021, 04:39:14 PM

Quote from: OutOfMemory on February 17, 2021, 03:53:37 PM

Well, i was thinking about that too, but the neighbors would likely kill me for having this thing running for days (they use firewood) and i just can't sleep in noisy environments. It's a nightmare on intercontinental flights. As soon as i recognize the noise cancellation of the ears at the moment i'm falling asleep, i wake up because the absence of turbine noise is raising some kind of alert. Maybe i shouldn't have tried to forcefully stay awake for quite some time, in an episode of my past life. IDK Huh

They have some very quiet gas generators. PV is possibly a good idea too though.

The thing about a generator is that you don't need to run it 24/7. When out power was out, we were running a couple of times a day just to keep the freezer cold. The last few days have been overcast so PV would probably have been less then optimal. The passive nature of PV and not requiring fuel is definitely a bonus. I would suggest that it's worth having both and using each to its strengths.

Having thought this further, i may buy a 10-12kW mobile generator (fuel) and build a tiny, wooden shed for protection and fuel storage.
Just in case. $5-6k for something that shouldn't let me down if i power it up occasionally. I would just have to use up the fuel once a year or every other, depending on how long the fuel has good quality (relying on additives, i guess).

Quote from: Richy_T on February 17, 2021, 04:31:29 PM

As a Bitcoin hodler, it's very bullish but I'm not much looking forward to trying to find a Bitcoin ATM in a post-apocalyptic wasteland.

And once you found one, it will take some time to get the tens of thousands of dollar bills into your armored lambo, one handed, because of the gun you're holding... Shocked

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: OutOfMemory on February 17, 2021, 03:53:37 PM

Well, i was thinking about that too, but the neighbors would likely kill me for having this thing running for days (they use firewood) and i just can't sleep in noisy environments. It's a nightmare on intercontinental flights. As soon as i recognize the noise cancellation of the ears at the moment i'm falling asleep, i wake up because the absence of turbine noise is raising some kind of alert. Maybe i shouldn't have tried to forcefully stay awake for quite some time, in an episode of my past life. IDK Huh

They have some very quiet gas generators. PV is possibly a good idea too though.

The thing about a generator is that you don't need to run it 24/7. When out power was out, we were running a couple of times a day just to keep the freezer cold. The last few days have been overcast so PV would probably have been less then optimal. The passive nature of PV and not requiring fuel is definitely a bonus. I would suggest that it's worth having both and using each to its strengths.

AlcoHoDL

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Addicted to HoDLing!

LFC Bitcoin Price Indicator^TM: $292^* (484% gain)

Onwards & upwards.

HoDL.

* Explanation.

El duderino_

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Activity: 2744

Merit: 13647

BTC + Crossfit, living life.

BREAKING: SALTY NOCOINER INSULTED ONLINE BY A PERSON WHO OWNS SOME BITCOIN; CHOOSES TO STAY POOR AS REVENGE
https://twitter.com/udiWertheimer/status/1362085143914180608?s=20

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: lightfoot on February 17, 2021, 03:46:26 PM

To be fair, the government's awful response to handling the economy through covid is less on the president and more on the legislature and state governments. Shut things down in a stupid way then you have to help people out but you can't discriminate so you have to print enough for everyone and then because you're the government and there's just no other way of doing it, you load it down with pork that eclipses the aid to the people you're supposed to be helping. You don't raise this money through taxes, of course since you just crapped up the economy so just run the money printers.

There's going to be a relief bill for Texas too, no doubt. We know how that will go.

As a Bitcoin hodler, it's very bullish but I'm not much looking forward to trying to find a Bitcoin ATM in a post-apocalyptic wasteland.

savetherainforest

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Activity: 1876

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Plant 1xTree for each Satoshi earned!

Quote from: El duderino_ on February 17, 2021, 03:03:20 PM

facebook privacy album

^ EXACTLY !!!!!!!! ...... A f^cking precise and most accurate & articulated meme, about sh!ty reality of billionaire influencers. Cry

NetTime

full member

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Merit: 101

Quote from: Richy_T on February 17, 2021, 03:13:18 PM

Better

amazing lol

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: JayJuanGee on February 17, 2021, 11:57:42 AM

Quote from: savetherainforest on February 17, 2021, 12:59:11 AM

Quote from: Swordsoffreedom on February 16, 2021, 11:44:33 PM

Deep sympathy for all Altcoin holders.. Tongue

Some of them go up while bitcoin goes up.

... Just sayin... Tongue

I see that you continue to be distracted SaveTheRF. Must: suck to be such a lost lil puppy, no?

Cheesy

Yep... I'm kinda hopeless when it comes to gambling.

But the bright side, I'm out of Doge for some time now.
That sh!t is so manipulated by m-eLon that I wouldn't touch it too soon till it becomes more "honest". Or wtf that sh!t is supposed to mean, it needs to have a bigger market cap so sh!theadpricks like m-eLLon wouldn't and couldn't touch it even if he wanted to.

macson

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: GalaWan on February 17, 2021, 03:49:54 PM

We can say that Bitcoin broke all the resistances one by one. After passing the 49000$ threshold, which is psychologically, it started to keep itself in the 50000$ band. Let's see what will happen after that.

$50k is the value that makes the FED overheats, they are at their wits' end to fight BTC

OutOfMemory

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Man who stares at charts (and stars, too...)

Quote from: Torque on February 17, 2021, 03:43:55 PM

Quote from: OutOfMemory on February 17, 2021, 03:16:33 PM

That's why my plans after taking profit near the peak of this cycle includes an autonomous photovoltaic power supply for the house., maybe coupled with wind energy.

What about a propane or diesel home generator? Wouldn't that be an easier/cheaper solution?

Well, i was thinking about that too, but the neighbors would likely kill me for having this thing running for days (they use firewood) and i just can't sleep in noisy environments. It's a nightmare on intercontinental flights. As soon as i recognize the noise cancellation of the ears at the moment i'm falling asleep, i wake up because the absence of turbine noise is raising some kind of alert. Maybe i shouldn't have tried to forcefully stay awake for quite some time, in an episode of my past life. IDK Huh

Sorry, drifting off topic a little...
The big plus of the PV cells is that you feed the unused power into the supply network, which saves and sometimes even generates some good amount of money.
It just has to be big enough to run the house on a semi-clouded day. A dry, floating room (room in a room), dug into the ground for a tank and generator that could run for days would cost much more, but this would be the minimum.

GalaWan

sr. member

Activity: 700

Merit: 270

We can say that Bitcoin broke all the resistances one by one. After passing the 49000$ threshold, which is psychologically, it started to keep itself in the 50000$ band. Let's see what will happen after that.

lightfoot

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Activity: 3220

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I fix broken miners. And make holes in teeth :-)

Quote from: Richy_T on February 17, 2021, 03:27:27 PM

Quote from: lightfoot on February 17, 2021, 02:58:02 PM

Gotta tell you, I remember people thinking it was going to fall once Biden came in. Hasn't worked out that way which could mean Bitcoin is more than a disaster hedge.

See, I would take that as evidence that it is one Cheesy

Sayeds56

copper member

Activity: 1316

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Eloncoin.org - Mars, here we come!

Quote from: ElBinBit on February 17, 2021, 01:37:09 PM

Quote from: Wekkel on February 17, 2021, 11:36:13 AM

All lines seem to lead to $100k+

So it's legit Grin

Looking at the charts @PeterLBrandt
100 is only half of the 3 porabolic cycle

https://www.tradingview.com/chart/BTCUSD/cFJ5rKRH-BTC-Bitcoin-has-the-feel-of-half-way-home/

We will see 54K by this weekend.

Torque

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Quote from: OutOfMemory on February 17, 2021, 03:16:33 PM

That's why my plans after taking profit near the peak of this cycle includes an autonomous photovoltaic power supply for the house., maybe coupled with wind energy.

What about a propane or diesel home generator? Wouldn't that be an easier/cheaper solution?

julian071

hero member

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