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1321  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2020, 09:05:33 PM
Please remember to watch wash her tits your hands.  Here's a great video tutorial on the proper meathod:



a) She forgot to do her thumbs
b) I can't believe I was able to watch her hands instead of her tits for 30 seconds.
1322  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2020, 04:16:14 PM
Cable going down is good for UK exports.
They export a lot of things, like....
like...
Fish and Chips
Warm Beer
Cricket

That's about it.

I'm always surprised that people outside UK think we drink warm beer. Can't say I've ever had a warm beer in my life. Beer which isn't kept in a fridge is mostly of the real ale variety, which are generally hand pumped from a barrel in a bar's cellar. British cellars are pretty cold.
Why? Lucas makes fridges in the UK. How could it not be warm?
1323  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2020, 04:14:33 PM
The money printing doesn't matter. It's the confidence in the currency and the country that backs it that matters.

Yep, exactly.

Also, lack of confidence in the alternatives.
Which is why having a Moron in Chief at the helm is a very bad thing. If money is backed by confidence and confidence is zero then money is zero.

Gee, who would have thought that electing a moron would not be a bad idea?
(Me in 2008)
1324  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2020, 02:45:52 PM
Right. The UK supplies "services" which right now isn't worth a warm bucket of spit. Worse since they decided to "go it alone" a few months back.

Reality exists.
1325  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2020, 02:23:58 PM
You're also in lockdown if your not in Belgian  Tongue My escape routes are quickly closing in around me  Cheesy
I hope you didn't spend more than 30 minutes in a shop, this is now forbidden. I read some tabloid toilet paper based newspaper claiming that the reason we are on lockdown is because some of us were naughty and didn't respect the previous restrictions, instead attending "lockdown parties"  Grin

Weird that we don't hear the Fundies screaming that this is a pox from God upon the evil. Maybe because they're the ones who will be hardest hit.

Go figure.
1326  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2020, 02:20:57 PM
Cable going down is good for UK exports.
They export a lot of things, like....
like...
Fish and Chips
Warm Beer
Cricket

That's about it.
1327  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2020, 03:39:34 AM
I've got an idea. Why don't we quarantine  all the old and wise.

Then the young and stupid can infect each other. Great way to fight the idiocracy.

 Cool
The old are hardly wise. :-)
1328  Bitcoin / Hardware / Re: DragonMint T1 16TH/S halongmining.com on: March 17, 2020, 11:34:41 PM
Still working on them, some higher priority projects piled in. The thing that is really annoying is the clock isn't running until the controller commands it so it's a pain to try and find the bad chip. Need to think about that and come up with a way to quick-test the board like one can do with ants.
1329  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2020, 09:57:42 PM
While we're on the subject of morale - what about Article 34? Any Corona porn yet?

tons

nsfw

https://www.pornhub.com/video/search?search=corona
Wow. Watching that girl's ass is like watching a lava lamp.
1330  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2020, 08:08:24 PM
Yes. Licking toilets for corona virus seems to be today's kink.
1331  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2020, 06:54:09 PM
They're going to drop sacks of money from helicopters in the US.

I pledge to put my sack of money into the nearest fucking bitcoin machine.
1332  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2020, 01:55:03 AM
Something occured to me today watching bits of Trump:

I don't think he wants to be President anymore. It's no fun when tens of thousands of people may die because you're a stupid buffoon. And now that he can't shake hands, hold elaborate dinners, and instead is expected to deal with a meltdown it's not the job it used to be....

Interesting.
1333  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 10:21:26 PM
Yes, it *has* been that bad ever since the '08 financial crisis: A complete zombie economy hanging by a string.
Eh, we're merely back to 2018 levels. It needs to fall a LOT more to hit 2008 values.
1334  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 07:38:35 PM
Let me guess: last hour 1000-1500 points rally in the Dow-60% chance; decline to 13% loss and circuit breaker #2-40% chance.
Maybe both? Just seems unlikely to persist at this 9-10% loss.
They keep injecting money and the market keeps going down. Reminds me of the end of "Inside Out" when all the emotions are pushing the buttons and....

it's not working......

1335  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 06:31:37 PM
Busy day today, and to be honest this really fits my mood:


1336  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 06:11:12 PM
I wonder if someone could call the Fed and have them issue more merits on WO. We are in the middle of a serious merit liquidity crisis and need the Fed to come in and inject some much needed lubrication in the WO orifice.
1337  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 04:01:36 PM
All technical analysis is out the window in a "black swan" event like this. The bears were and still are wrong. They just got lucky there was a global event that helped them out.

Bitcoin crashed because the wall street types dumped it to cover margin calls on their other crap. They are dumping everything to prop up their leveraged garbage. Bitcoin held up pretty well given the payouts it had to make.

There is still ongoing daily demand for bitcoin and the daily supply is still getting cut in half very shortly. Everyone who dumped will still have to buy back in once they get their shit together. Don't give it back to them so easily!

This is not a black swan: We've known for years that pandemics were a possibility and headed off at least two (three if you count the nightmare of H5N1) in the past. Too bad we dismantled the structure to detect this, but that was public knowledge and should have been priced into every risk analysis going forward.

1338  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 01:05:34 PM
Ok. Bitcoin is going "down" because dollars are disappearing. The little bits of paper are starting to vanish like toilet paper because institutions (banks and the like) are hoarding them to be able to pay taxes and probably bonuses to their leaders.

So right now dollars are like toilet paper and everyone is worried that they won't have a clean bum. Thus they are more "valuable" than bitcoins. Now the main difference between dollars and toilet paper and bitcoins is that you can print an infinite number of dollars at a whim. You can only make so much toilet paper, and you sure can't make more than 12.5 bitcoins per 10 minutes.

When the super flood of dollars hits, people will be flush again and bitcoin will go back to about where it has been (IMO). Note I don't think it will skyrocket because the dollars being printed are just filling a pothole that has been growing all along and people have been blissfully ignoring it.

The people ultimately screwed are people on pensions, people on fixed income, and people who panic.

Note that all of the above assumes a sane person is in charge of all this. Such is not the case.
1339  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 12:07:45 PM
What's next on the agenda?
Mass Suicide!

I want in! Suicide pact!!!!!

1340  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 12:05:57 PM
This is the opposite of what BTC is supposed to do in times like these, and the only reason I can see is that institutional investors are dumping BTC to create liquidity..  

Contradictions, by their nature, do not exist.
If you find yourself facing a contradiction
Check your premises
You will find one of them is wrong.

In this case everyone is freaking out that they won't be able to cover their grocery bill, mortgage, payment to mistress, or whatever and are thus grabbing money from anything they can. Some are raiding their stashes of gold/bitcoin/slaves/etc to raise money, think of it as another run on toilet paper.

This happened in 2008, same exact story. It's just happening quicker now because everyone believes that they can be the first to the exit in this theater fire.

It will probably settle out at some point. Put your thermal blanket on and enjoy the show....
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