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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8430. (Read 26714748 times)

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
.... and in the planes department these depreciate 'slowish'. But you need to be a proper pilot ... swings 'n roundabouts.
legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.
Bearish RSI swing rejection on the 12H for Bitcoin and RSI bearish divergence for ETH. Are we going dump? I think we are about to dump down to 9ks.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
I’ll just take a standard Range Rover or something & a huge house Smiley

I would suggest either a truck or an SUV like a Jeep. Something that can run over the nocoiners. Lambos (and most other lowered sports cars) are bad if they don't have any roads or any speed bumps in the way are difficult to avoid.


... i agree, when the corona apocalypse hits you'll need something bigger than a landrover to run over nocoiners

legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
Boats are really a hole in the water. Go for it if you really love fishing. I always buy a used car let someone else take the depreciation hit.
There are worse things than boats. Think "private airplane". I so want one, but such a bad idea.

Same for used cars. Never owned a new one.

Good point. I don't fly but if I was a private pilot I could see trying to swing a small private prop plane for fun. I have owned boats and never again ... I am not an avid fisherman. I have friends who live for fishing, like tarpon tournaments, it is their passion and they sink a lot of money into their hobby. Their wives feel it keeps them out of trouble, so to speak.

I can take or leave fishing. When I do fish, I like to use someone else's boat and I always chip in for the diesel. Guys who are into trophy fishing almost never use gas engines, they prefer diesel for long life and reliability in my experience. These are the guys with forty foot boats with inboard engines, not your weekend fisherman who tows a boat.

My neighbor told me the 2nd happiest day of his life was the day he bought his boat.
His happiest day was the day he sold it....

That's exactly what I wanted to write. There are two happy days in boat owners, the day they buy and the day they sell!

IMHO, when it comes to boats and planes, you need to really be RICH to afford them. It's not the cost of buying, but of maintaining. For a $1M boat or plane, I'd say (really wild guess) you need about the same amount of yearly steady income, plus several $M of savings to be able to enjoy it.

A Tesla will do for me.
legendary
Activity: 3388
Merit: 3514
born once atheist
Boats are really a hole in the water. Go for it if you really love fishing. I always buy a used car let someone else take the depreciation hit.
There are worse things than boats. Think "private airplane". I so want one, but such a bad idea.

Same for used cars. Never owned a new one.

Good point. I don't fly but if I was a private pilot I could see trying to swing a small private prop plane for fun. I have owned boats and never again ... I am not an avid fisherman. I have friends who live for fishing, like tarpon tournaments, it is their passion and they sink a lot of money into their hobby. Their wives feel it keeps them out of trouble, so to speak.

I can take or leave fishing. When I do fish, I like to use someone else's boat and I always chip in for the diesel. Guys who are into trophy fishing almost never use gas engines, they prefer diesel for long life and reliability in my experience. These are the guys with forty foot boats with inboard engines, not your weekend fisherman who tows a boat.

My neighbor told me the 2nd happiest day of his life was the day he bought his boat.
His happiest day was the day he sold it....
legendary
Activity: 3808
Merit: 7912
Ten four good buddies!
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
"The land of the free".

Hm. Same government that now uses the FBI and DOJ to reward and punish people based on political affiliation and "pull". What can go wrong with that?
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
The problem with private planes are not the planes themselves, but you need to always fly with a full tank of gas all the time.

Depends on weight and balance calculations. :-)
member
Activity: 256
Merit: 62
Cryptoasset Requirements Set for Release by Treasury

https://www.bloomberg.com/news/articles/2020-02-12/cryptoasset-rules-set-for-release-by-trump-administration

Quote
The Trump administration soon will announce new requirements for cryptoassets, Treasury Secretary Steven Mnuchin said.

Mnuchin told a Senate Finance Committee hearing on Wednesday that the department’s Financial Crimes Enforcement Network is preparing the announcement.

“We are about to roll out some significant new requirements,” he said without elaborating.

The Financial Crimes Enforcement Network works to prevent money laundering, terrorist financing and other financial crimes.

(Updates with Financial Crimes Enforcement Network explanation in fourth paragraph.)

So, the Federal Gov't wants to "prevent cryptocurrencies from being used as 'secret bank accounts.' "

I guess that means they want secret bank accounts to only be in dollars. Which, given the president seems to favour this personally for his loans and financial affairs, is more about just keeping the status quo in force and perhaps diverting attention from it.

If they really were dealing with the kind of money laundering that quite normally goes on (which just by the major banks activities, probably exceeds Bitcoins entire market cap over the past few years alone) then I would have no reason to question their motives.
There isnt much they can do anyway. They probably would want people to report their Bitcoin address to the government, which makes zero difference because of KYC, they have most peoples addresses. Also the good criminals would never report their addresses so its whatever.
legendary
Activity: 2604
Merit: 1748
Cryptoasset Requirements Set for Release by Treasury

https://www.bloomberg.com/news/articles/2020-02-12/cryptoasset-rules-set-for-release-by-trump-administration

Quote
The Trump administration soon will announce new requirements for cryptoassets, Treasury Secretary Steven Mnuchin said.

Mnuchin told a Senate Finance Committee hearing on Wednesday that the department’s Financial Crimes Enforcement Network is preparing the announcement.

“We are about to roll out some significant new requirements,” he said without elaborating.

The Financial Crimes Enforcement Network works to prevent money laundering, terrorist financing and other financial crimes.

(Updates with Financial Crimes Enforcement Network explanation in fourth paragraph.)

So, the Federal Gov't wants to "prevent cryptocurrencies from being used as 'secret bank accounts.' "

I guess that means they want secret bank accounts to only be in dollars. Which, given the president seems to favour this personally for his loans and financial affairs, is more about just keeping the status quo in force and perhaps diverting attention from it.

If they really were dealing with the kind of money laundering that quite normally goes on (which just by the major banks activities, probably exceeds Bitcoins entire market cap over the past few years alone) then I would have no reason to question their motives.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Add an electric car that runs off solar panels for when fuel supplies get cut
legendary
Activity: 2702
Merit: 2053
Free spirit
Their are a lot of great cars that you can buy that will actually appreciate in value, as a good investment, even including some Lambos..
Don't buy a newer Lambo whose value is falling off a cliff, buy a classic Lambo whose value is steady and going up from here..

Off the top of my head some good investment cars would be an e30 M3, Porsche 951/928.. 911s might be a bit overbought still but will hold great value..

You guys are talking about buying modern electronics packed cars that will be a maintenance nightmares destined for the crusher.. (Mercedes)
Maybe a classic Mercedes Cosworth would be a good option..  

For anything relatively new I would look into the new Corvettes.. Probably faster than them Lambos and cheaper to buy/maintain, more reliable, etc..

I don't like newer cars much though..
No way I'd sink money into a new Range Rover.. You'd probably lose more money on the rover than you would on a new Lambo..
Those things are very expensive new and depreciate like wildfire due to their incredible unreliability, always breaking..
They are owned by India's Tata and have been plagued by horrible quality control in their Chinese manufacturing..
Google "Land Rover china" (coronachan bites them recently) and then "Land Rover china quality control" to see about their recent issues..

Modern Land Rover is fine.  They make a great product and they are as reliable as any other marque.  Never thought I would say this but Tata buying them is the best thing that ever happened to them. They pumped in money and let the engineers get on with it.

Never had to deal with JLR China so can’t comment on cars built for the Chinese market.  However Chinese tastes are very different from the West.  They like big flashy cars with small price tags, which ends up with horrible underpowered boats.  Audi A5s with 1.8 litre engines - wtf?

Maybe some older car that wont die from a smart bomb?
hero member
Activity: 1133
Merit: 819
Cryptoasset Requirements Set for Release by Treasury

https://www.bloomberg.com/news/articles/2020-02-12/cryptoasset-rules-set-for-release-by-trump-administration

Quote
The Trump administration soon will announce new requirements for cryptoassets, Treasury Secretary Steven Mnuchin said.

Mnuchin told a Senate Finance Committee hearing on Wednesday that the department’s Financial Crimes Enforcement Network is preparing the announcement.

“We are about to roll out some significant new requirements,” he said without elaborating.

The Financial Crimes Enforcement Network works to prevent money laundering, terrorist financing and other financial crimes.

(Updates with Financial Crimes Enforcement Network explanation in fourth paragraph.)

"The land of the free".
legendary
Activity: 1834
Merit: 1520
Cryptoasset Requirements Set for Release by Treasury

https://www.bloomberg.com/news/articles/2020-02-12/cryptoasset-rules-set-for-release-by-trump-administration

Quote
The Trump administration soon will announce new requirements for cryptoassets, Treasury Secretary Steven Mnuchin said.

Mnuchin told a Senate Finance Committee hearing on Wednesday that the department’s Financial Crimes Enforcement Network is preparing the announcement.

“We are about to roll out some significant new requirements,” he said without elaborating.

The Financial Crimes Enforcement Network works to prevent money laundering, terrorist financing and other financial crimes.

(Updates with Financial Crimes Enforcement Network explanation in fourth paragraph.)
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Their are a lot of great cars that you can buy that will actually appreciate in value, as a good investment, even including some Lambos..
Don't buy a newer Lambo whose value is falling off a cliff, buy a classic Lambo whose value is steady and going up from here..

Off the top of my head some good investment cars would be an e30 M3, Porsche 951/928.. 911s might be a bit overbought still but will hold great value..

You guys are talking about buying modern electronics packed cars that will be a maintenance nightmares destined for the crusher.. (Mercedes)
Maybe a classic Mercedes Cosworth would be a good option..  

For anything relatively new I would look into the new Corvettes.. Probably faster than them Lambos and cheaper to buy/maintain, more reliable, etc..

I don't like newer cars much though..
No way I'd sink money into a new Range Rover.. You'd probably lose more money on the rover than you would on a new Lambo..
Those things are very expensive new and depreciate like wildfire due to their incredible unreliability, always breaking..
They are owned by India's Tata and have been plagued by horrible quality control in their Chinese manufacturing..
Google "Land Rover china" (coronachan bites them recently) and then "Land Rover china quality control" to see about their recent issues..

Modern Land Rover is fine.  They make a great product and they are as reliable as any other marque.  Never thought I would say this but Tata buying them is the best thing that ever happened to them. They pumped in money and let the engineers get on with it.

Never had to deal with JLR China so can’t comment on cars built for the Chinese market.  However Chinese tastes are very different from the West.  They like big flashy cars with small price tags, which ends up with horrible underpowered boats.  Audi A5s with 1.8 litre engines - wtf?
legendary
Activity: 3276
Merit: 2442
What about this one?



Buy the fucking dip? It is the highest USD price against EUR in the last 2 years. Last time EUR was this low it was in Q1 2017.

Since I am mostly hodling USD as FIAT, I'll try my luck with this one. For every ~%1 decrease from this point, I am selling %15 of my USD for EUR. (Starting from this price point) @ USD-EUR (1:1.03), I'll be full Eur.

*It is probably a better idea to just buy bitcoin instead of messing with this shit just to make %10-20
legendary
Activity: 3276
Merit: 2442
Fishing is a great relaxing hobby as long as it stays as a hobby.

Many fish people go absolute geek on fishing which kills the fun imo. If you learn everything and everything about fishing of course you can almost catch anything without any failures. Where is the fun in that?

Catching fish and watching the beautiful sea is almost equally fun for me. They complete each other.

I'd cast my fishing rod in every 15-20 mins while I was watching the beautiful sea view and drinking my wine, if I get a fish, it is just a plus in the big picture and a free dinner or lunch. If not, It would be less fun but still wouldn't hurt my fun so much.

I like fishing but it is the secondary fun element on a boat imo. Not the main target.
newbie
Activity: 27
Merit: 27
The problem with private planes are not the planes themselves, but you need to always fly with a full tank of gas all the time.
legendary
Activity: 1806
Merit: 1164
Boats are really a hole in the water. Go for it if you really love fishing. I always buy a used car let someone else take the depreciation hit.
There are worse things than boats. Think "private airplane". I so want one, but such a bad idea.

Same for used cars. Never owned a new one.

Good point. I don't fly but if I was a private pilot I could see trying to swing a small private prop plane for fun. I have owned boats and never again ... I am not an avid fisherman. I have friends who live for fishing, like tarpon tournaments, it is their passion and they sink a lot of money into their hobby. Their wives feel it keeps them out of trouble, so to speak.

I can take or leave fishing. When I do fish, I like to use someone else's boat and I always chip in for the diesel. Guys who are into trophy fishing almost never use gas engines, they prefer diesel for long life and reliability in my experience. These are the guys with forty foot boats with inboard engines, not your weekend fisherman who tows a boat.
legendary
Activity: 2296
Merit: 2262
BTC or BUST
Their are a lot of great cars that you can buy that will actually appreciate in value, as a good investment, even including some Lambos..
Don't buy a newer Lambo whose value is falling off a cliff, buy a classic Lambo whose value is steady and going up from here..

Off the top of my head some good investment cars would be an e30 M3, Porsche 951/928.. 911s might be a bit overbought still but will hold great value..

You guys are talking about buying modern electronics packed cars that will be a maintenance nightmares destined for the crusher.. (Mercedes)
Maybe a classic Mercedes Cosworth would be a good option.. 

For anything relatively new I would look into the new Corvettes.. Probably faster than them Lambos and cheaper to buy/maintain, more reliable, etc..

I don't like newer cars much though..
No way I'd sink money into a new Range Rover.. You'd probably lose more money on the rover than you would on a new Lambo..
Those things are very expensive new and depreciate like wildfire due to their incredible unreliability, always breaking..
They are owned by India's Tata and have been plagued by horrible quality control in their Chinese manufacturing..
Google "Land Rover china" (coronachan bites them recently) and then "Land Rover china quality control" to see about their recent issues..
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