Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6646. (Read 26729987 times)

Grayscale periodically closes off its crypto trusts to so-called “private placement” rounds. Such action happened repeatedly to GBTC in Q4 2019 – so the Monday halting is not unusual.

Just shitpost at every shitpost o'clock and you'll be fine.

Sunday read...

A provocative article about climate change and who will benefit (I have my doubts):

https://www.propublica.org/article/the-big-thaw-how-russia-could-dominate-a-warming-world

An interactive map as to what happens with your NA city climate in 60 years (mine will be hotter by 2.3oC and wetter in summer, 5.5oC hotter and drier in winter):

https://fitzlab.shinyapps.io/cityapp/

Conclusions: when thinking about your descendants, buy RE in the Northern belt of US states, Canada, Russia, Sweden, Denmark, Poland, Lithuania, Latvia, Estonia, Finland.
Toronto becomes New Jersey, Portland becomes Sacramento, both San Diego and San Fran become LA, Montreal becomes Philly. Anchorage becomes close to Vancouver (wow!).
The Baltic sea will probably become a new Mediterranean with a balm climate (the map is only NA, but you can project based on the first article).
People might go on a warm beach vacation to UK, lol.
I would focus on WA, OR & Canada, but Cali still looks good.
The first article projects that Canada, Russia and Sweden GDP will increase tremendously, while US would stagnate. Not sure if I buy it.

OT: Looks like certain doom for XRP.

https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800

Completely over-exaggerated.
It would be easy to test for sars.cov2 at (a safe) check-in. On destination airports: No test? Quarantine for 10 days.
Banning flights is way more expensive.
When you vote for idiots, these are the results.

wait, is this some new maths and science game? how does it work? i just shitpost as usual and hope to get lucky?

In the end the lack of insurance was the straw that broke our back. It was like dominos where that one piece of the puzzle brought it all crashing down.

Owning a cruise ship, every day is money so the clock is ticking from day one of buying the ship to becoming revenue neutral. During that time you are shelling out money to keep the thing going. The sooner revenue neutrality comes, the better. This wasn't a boat (bring out another thousand), it was a boam.

We were trying to play nice. We were in talks with Panama's presidential office, the marine authority, ministry of tourism, etc. They all told us they wanted our ship in Panama. But they all did what they could to make sure they could get what they could out of the project with no regard for how that affected the success.

The marine authority classified the ship as a seagoing vessel though we were pleading with them to not classify it as such as it would have bad consequences.

The demand for cabins was nil. Even with the lowest prices we could possibly offer and break even, nobody wanted to live on it.

Our ship management company was not very useful when trying to get us insurance, more of a spectator of "let's see how this 'crazy' project is treated by the strict, good ol' boy club of insurances". The insurance companies were almost toying with us, asking for information on how we would deal with X or Y...we give them some reasonable response that we think they will be ok with only to the response of "denied" (no explanation). Nobody ever let us speak directly to the insurance companies to discuss what they would accept for various scenarios ("highly unprecedented", when we asked).

We could have come up with another solution, we could have done some blockchain type of P&I insurance...over time. We focused on complying with maritime and Panama law as opposed to gaining an expertise in maritime insurance (assuming that surely a private insurance company would want money). So being turned down by all of the companies caught us off guard.

With time of the essence, no support from the seasteading nor Bitcoin community that we were trying to serve, the Panama government reneging on their promise to work with us and the final stroke coming from lack of insurance we had to pull the plug before paying to cross the canal. We had a day to make the decision so we went with it.

We bought the ship at below scrap prices, we burned through a few million and are selling it for higher scrap prices so dollar wise we even out. But lost potential, Bitcoin wise, we can put it down as "losing" half of our investment.

I was not the big investor in the project (as usual). With the bitcoin price being up and the main investor being a member of the Vladmir club...expect something brilliantly insane to come next (I am the guy in the spotlight because our main investor speaks his mind too readily...he makes me look like a US congressman in comparison).

I will likely sit out this next adventure and go into hibernation like I did after Thailand until I am pulled back out into the world by the next project.

I chose seasteading as my passion project because I have been following it for 10 years and wanted to see something actually done instead of people just talking about it all the time and I see it as one of the shortest avenues toward a modicum of freedom. I have time to decide my next steps. Now I focus on myself (and my wife) and take a good break from things for a while.

Keep posting on the next few pages if you want to permanently get on page 27777. People will probably start deleting posts to move themselves from the next few pages onto this one.

Did the latest UBI inflation bill pass?

Naaaah people can’t possibly be that stupid.... to be on a page....  

Nice page to post on. And man it has been a good week here, really thinking I should renew my pilots license and buy a plane or something.

Go bitcoin go!