Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8647. (Read 26723314 times)

Not the best of the ideas. Touristic apartments are having a regulation tightening specially in Barcelona. Risky business I would say. You might be earning like a boss this year and the next one be out of the market because of some regulation that forbids you to rent it. In fact that is ALREADY happening.

Also Barcelona (and Madrid) and among the most expensive cities to live in Spain. Higher salaries yeah, but if you are not gonna work there you will just "enjoy" the higher cost of living. Still, WAY lower than US, of course.

About renting... currently the best investment are more "modest" 2-3 room apartments valued from 50 (reform usually needed) to 250K (more premium zones) € that you can rent for 5-10% that. Long term, so hassle free.
Or lousy apartments with many rooms near universities that you can rent to students.

It's a job in itself to take care of your "business" and properties but it's a reasonably safe investment with a good return if you know what you are doing.

Now you mentioned Spain, I was actually considering buying 2 x 500k€ flats in Barcelona and AirBnb the fuck out of them.   (with my imaginary money )

Work while having a vacation. Sounded like a brilliant idea.

I do also have a GREAT and almost FREE health care here. In Spain $1-$2 million would probably be the equivalent of that $5million for US. Again, depends on many factors.

And yes, one could go with a lower figure if he already has a home, retirement pension, additional income, less years to live, very frugal lifestyle, etc etc...

But the geographical factor is *EXTREMELY* important.

Fortunately I plan to always live here. Not just because of "cost of living" but QUALITY of living... and WEATHER! *Most* of the world (including many parts of my damn country!) is too fucking cold for my taste.

My advantage is that health is dirt cheap here. Doctors are literally working for free. I better get a 2nd passport but still keep my original in case I have a serious health problem.

I am not exactly saying you need $5 Million to live in the US.

$5Million is my *UP TO* / most conservative reasonable figure for living with a NICE lifestyle in the US. It includes the following factors:

- Around 50 years remaining life expectancy.

- Absolutely no other income, retirement pension, or additional net worth.

- No additional net worth also mean you would need to buy or rent a home.

- In the USA housing can be incredible expensive depending on where you plan to live. Maybe you want live in the middle of Manhattan or in... San Francisco? Donno.

- Also health expenses can be EXTREMELY costly there.

- You might get involved in some legal issue, lawyers/trials are INCREDIBLY costly there.

- TAXES... You will have to pay taxes, at least capital gains.

- I considered a "NICE" lifestyle... nowhere near a really a rich (Gatsby style) lifestyle, but still nice.

- Maybe you want to have childrens, pay them a good education... and or have a wife, maybe even divorce her... All that shit is *EXPENSIVE* yo!

- I didn't consider any potential/additional ROI on your capital and/or future investments. That's completely outside of my calculation, otherwise I would have to also take into account the possibility of negative returns or you just losing it all on a lousy investment because of you thinking you are the fucking Warren Buffet. No, I am just considering the principal as if it were a pot from which you would be spending until it gets depleted.

- I allowed for a safe margin (25-40%) of remaining wealth upon your death, be it liquid or your bought home, etc... just in case.


And, taking all the above into consideration (plus many more factors!)... I just took that *MAXIMUM* figure right out of my ass. Because I can.  

Sure - the world sees how 'inclusive' btc and folks are - congrats

Any time critics comes up - troll / bagholder mob gets activated - that's perfect (/s) for young wannabe financial env where trust is the only thing

Same here

https://twitter.com/bsvking/status/1218866023945949184


Have fun for a while

Bitcoin IS an intelligence test
 

PEBCAK

Giving up? Here's the pagoda in the center of the town.


I see the corn slid down a bit. 8670 now.  $101,700,000 sale to make that move.
Whale poop I believe.

Update on the Peter Schiff User Error by Erik Vorhees:




Blockchain.com wallets don't get "corrupted". If he would have saved his backup seed or private key (we have a lot of options here) in lieu of the password, he would still have access to his BTC. Lucky for him, Blockchain.com reached out to him and are intervening to solve his problem, so of course his bitcoin isn't lost, and it never was.

Schiff is a money manager, and apparently also a moron.

Naaah, it's no problem. It's called "Proof-of-Work". Bitcoin's been doing it for 11 years.

I agree about the fun part though, I'd let the badger be posted first, followed by a timestamped screenshot within the grace period. The earliest screenshot (not the earliest post) wins.

Fuck.

Whomever is responsible for that should be in that cell serving as food for them.

So the current 8600 dip could be a correction. We could see a stabilization at 9.7 - 10.2k levels.
What I don't understand is, why? Apart from the CSW not having Satoshi's pvk news, there is no major positive news in the cryptosphere. Is this indicating an entry of some big Asian bull? What do you guys think?

So far so good...



* Bitfinex chart.

Unfortunately it wasn't badgers but a big red dildo... but it was somewhat predictable. The battle to regain $10K was never meant to be easy. The TENacious badger will finally win though.

For "forensics", more important than the timestamp is the last orders column, which not only would be harder to tamper with but also should show exactly at which moment in relation to the "breaking" of $10K the screenshot was taking.

Probaby I am overthinking this, but it is my first attempt at a game like this and would like to get it done right. If all goes smooth with this one maybe I will think for a better one in the future.

And yeah, that's the point: At $10K+ we all win. That's why I want to encourage a bit the badger tribute.


THanks bitebits.

That sounds like a very reasonable way to do it yeah. Not sure if it overcomplicates the process for participants though. In fact I am thinking about just waving entirely the "must post bitstamp chart" OR just let them add it afterwards (but must take the snapshot BEFORE posting the badger, then upload and edit the post to add the chart). Complications spoil all the fun.



Yeah, that's exactly the problem. The grace period makes it difficult to really know if I a post has been edited right after being posted.

It seems no one really knows how to detect it.

Seems like the writing is on the wall, CSW becoming a toxic liability and the new BSv directive is to pivot and try to separate BSv from CSW, shills are out in force trying to push this. We should all support CSW in his efforts to sue Ayre for libel. BOSSv (Bitcoin Original Satoshi Super Vision) sounds better too.

This guy is atleast 50 a 60 years old, let's sink that in...

people = shit

Bitcoin Hash Rate Hit a New ATH, the Halving is getting closer, these movements become more interesting.







Source: https://www.newsbtc.com/2020/01/19/bitcoin-hash-rate-hit-a-new-ath-and-its-crucial-leading-up-to-halving/

Breaks my fucking heart... the shit we manage to do to living beings never ceases to amaze me. I ain't no vegan and understand we need to kill animals for food but there's a quick and painless way of doing it. To have these majestic animals on display and make them suffer like this... I have no words. We really don't deserve this earth

At least there's people out there willing to stand up against treatment like this

Ok.  I won't name-drop you anymore..... at least not in respect to this particular case.. (by the way, I am not waiving my right to name-drop you for other possible circumstances though, at my sole and ultimate discretion).

I recognize that I don't tend to back down from troll/shills or wannabe BTC price sorcerers, so yeah, I sometimes might have a little obsessive/compulsive problems like that and likely I have been engaging a bit much with that particular nut..

On the other hand, in my last post, I had been thinking that there could be some potentially redeeming and thread topic helpful opportunities to bring some of this back to bitcoin investment techniques and maybe getting jupiter9 to discuss some of his particular bitcoin and/or investment circumstances - and you may have noticed, to the extent that he might be a real person, he likely needs quite a bit of help with some of his thoughts about how to approach life, if he is really making life decisions and financial decisions based on astrology and numerology approaches?..... again, to the extent that he might be a real person...  maybe it is the softy in me, to give some benefit of the doubt that he might actually be a person who thinks those kinds of things for real and even makes financial investments based on such guidances. Is it even possible?

Edit: @bob - Another aspect of my baaaad, is that I had not truly appreciated that you had changed your avatar descriptor to "friendly"... so I had been thinking of the older and more assertive side of your avatar.. which might not be a part of your current persona.. so there is that lil excuse that I would like to employ, too.. still I am not trying to take away from that I might have been a bit too presumptive in my name-dropping of you.