The problem with taking this news apart is that it might seem callous to the troubles suffered, I dont see it as a non issue but the greater issues already in play out weigh any negative the virus brings.   Deaths from flu are already an annual cycle that occurs, anyone with compromised immune system can die from the normal flu.   The big issue with Corona that I've heard is that you may be suffering, carrying and even spreading yet you may be fine enough to continue working and attending close circulation with others.    So there is a greater propagation and not enough precaution from those who could avoid it better.
   Eventually people will be more cautious and maybe even over react, this could mean especially less business and travel is occuring.   Someone suggested Office meetings in general may now always be viewed secondary to more distant connections.   To me the more remote aspect could be positive for BTC, overall its likely something neutral.    Since BTC is non contact in the majority I dont see it directly affected but it will continue to react to FIAT monetary expansion and contraction.   If somehow people stop using their phones, then BTC would be knocked especially perhaps.

https://www.youtube.com/watch?v=meTgeX_WyVw

Fixed prices over time is part what makes stability in a price, even if its not the high BTC price wanted, is an actual positive because it allows greater confidence over time in settlement.


For some reason the idea of wetsuit and a supercar makes me think wetsuit might drive the Lotus Esprit from James Bond that goes under water.   Might he even auction this off via Golden Ticket.   We might find out the true aqua bias to wetsuits thinking. 600k worth allegedly 

This was it :

Also I want a 4x4 that floats, think of the global warming and how relevant this can be especially for the Venice residents and so on.
https://i2.wp.com/media.boingboing.net/wp-content/uploads/2015/06/vMRqB51.gif?w=970

Thats a normal market, we readjust recent gains but in the larger picture it is a positive to confirm in the downturn previous prices.   Its missed as a positive and make the mistake all the time not to be positive enough when every face value shows up as red in measures that take the recent history.
   Most people werent registered on the forum or involved in BTC in 2012.   I knew about BTC but didnt pay special attention and it had already risen by the time I did and then it rose 1000% on top of that in about 1 year.    The action now is big numbers but in theory BTC is getting calmer I think, this recent sell was really moderate if thats all it was.

FIAT is already failed in some countries and crypto used instead alongside any possible fungible value such as gold, notes or plain food and commodities.    It can replace FIAT which itself is only digital money mostly but there is a great deal of demand for FIAT created by the use of taxes where as crypto is unbacked just free usage.


Places use sea shells in the past when no unique item could be found, many things can be used if situation should force it obviously just plain barter happens.  Crypto could be used via plain display in various coins created.  It does involve a greater amount of trust to do it that way as the confirmation is not live but its still possible to use BTC almost anywhere.  If it was really required in the middle of nowhere then I guess a satellite phone is possible and a hub would be distributed from that source

This picture below is probably the most clear view of a point like this.   Monetary devaluation is not accidental, its the set defined target of many central banks.   I believe a loss of 2% of value per year is considered to be encouragement never to save money but to spend or possibly invest that money in business growth.   It also happens to benefit government debt and fiscal deficits, in effect money has become politicised to favour not the working class but those closest to the source of money production.

Its a stepping stone, its a big part of why BTC is in the region of 10k today not still a tenth of that and people just assume the spike prices are forever when it can also be never again and just a spike but we need apps like this to solidify the gains or BTC is just speculation and money changing and a ticket between two places but never the destination which means it gets replaced by something else.   I think innovation by BTC in order to become commonplace is a requirement, I dont think success is assured or the silly targets must happen its amazing they might be possible at all.

Its impossible to sell one thing without buying another, its a question of two halves.    Buying dollars with this much supply and production of new money makes other assets more attractive so long as they are fungible and cash flow available in the fairly near term.   Lots of business do have good cash flow so not everything should sell off in equal amounts, it likely hurts investment though.
    News today was the Federal reserve cuts rates by 0.5% which is a larger amount when they are already low, the adjustment to trade expected then is large in their opinion.  Because of that markets became cautious once again.

Another figure I heard in passing and this might not be the final accuracy but 4/5 of people may end up catching this strain of flu and the current projection is that upto 3% of those people will then die.   Some parts of the population are far more at risk, apparently its not children which is surprising but others with compromised immune systems may be.

6.8bn people in the world would be 5.44 billion have a reaction to the virus.    Those who contract the virus and die then number 163 million people as a worse case scenario I think that was.   I only heard that in passing, I may delete or edit that later if I see better info.

20 MA, on weeks ?   I see yearly and 200 day average are underneath the price currently so BTC getting back above is some positive.

We seem to have some closing of range possible or momentum of the 2 day average reflecting the recent rise but then weekly average at 8500 is a good marker for resistance possible there.  Maybe a break either way but for the moment I think it is positive.   If we lose these recent gains then possibly it turns more negative.

Its about QE programs, its a real low grade way to do it but they issue more money to undermine the denominator to every price and so of course we nominally show appreciation in pricing.    China of course will do this with their command economy and the current meta for western central banks is to do similar easing of funding into money markets which reflects into stock pricing.

  Even without that effect, (large) companies long term are not as effected as near term news, fears even a decline to business.   Does an entire company business plan alter from this virus, probably not but it might alter results.   The more important valuation is for efficiency of working systems, prices come down because selling is contagious but its the average which counts over the year for value not trades.

There was some discussion of the details behind the faucet payout on pages previous.   Its slightly related to deposit but I think its mostly about time registered and how much you play.   You dont have the captcha when you are depositer also, I never had the pics to choose come up for me previous but its a bit faster anyhow.

Sounds reasonable prediction ESG, I do think 9000 is quite important to hold or we might retest lows.  Any expectation of prices into 6000 is alot more bearish then most, did you mean this for the March price bet ?     People wont accept that as halvening is supposed to have us going the other way.   I'm not even bullish for this whole year, just goes in circles is what I expect so I wont disagree with your targets but going down right now is not on the game plan for many.


I put down 11k or so for guess a while back, extrapolating possible prices [if this was the yearly bet then 11 or 10k is quite reasonable, some even would say far too low or bearish but its fair]   But right now, seems we are alot more challenged then that.    When I guess 11k we were in a rising channel, we left that and came down and now BTC price is searching for a foothold to even keep itself upright.    See how it fairs with 9k first.

Is the volume good enough, its just a correction within a bear move for the moment but 2900 or so is a decent place for it to find a bottom price.   I think will repeat a bit here, relief rally, sell and so on until volume of previous sells is worked out.

BTC is doing ok, its not been pushed to do anything especially negative but 9000 is some cap now I think and has been in the past.   Positive phase, 9050 confirmed and 8700 is two day average which will quite quickly catch up.   Proper area of bearish sell is around 8500 again we've seen it previously and its an old trend now

Even when it gets to 20k I dont think it'll be most and it doesn't have to be to tip the price, we only need to see the balance change so that sellers outweigh buyers and obviously as the price goes higher the possibility that people stop buying or reduce greatly does occur hence its more like a see-saw then a weighing scales and we can shift about quite dramatically.
   The only real thing to count is population of users for BTC rising then between them the differences are much smaller, only 0.01 in a wallet when its many millions begins to have great effect.  0.01 when I first used BTC was thrown away almost like copper change.

10k is a great price, its doing fine at that price.   I dont see it has to do more, advancing too far is why it has to sell off like it is now which only upsets some.   A level 10k would probably yield a wider involvement by more of the population.

We are arguably approaching a more long term average just because its in the region of a yearly average, the purple line on this chart



The 200 day is more widely watched and noted but if we're talking the price becoming neutralised over time then being level with a year average is about that.    It cant really be called negative overall here imo just people had hope for more gains at this point.

A win is a win and you beat the odds to predict what others didnt.    Right on midnight there was a mad dash to put it under 8500 so it was incredibly close there really, I did think the price would alter from when I last observed it in this range but nope its mostly stuck on the 200 day like a ship on a sandbank.




That is kinda bonkers, they must have signed up ages ago surely or just never reinstall.   I have referred people but mostly nothing doing.   I cant complain in general though as referral can be very advantageous if you get the right audience and they become clientele.    When BTC ramps up and gets into the news and surely it does every couple years or so then maybe having referred previously will work out so long as they remember this site.

Somewhere around 2021 to 2022 but the price will experience a boost in speculation before halvening.   This virus may have messed up that idea slightly but the effect is still there underneath in helping sentiment slightly, its just not going to boom with such a weight of news on top of it.
    If you are talking long term then you not so much a trader type speculator but the type who measures ingredients, makes a cake and is willing to wait for it to bake which is good because the biggest gains come this way.   BTC especially is extremely hard to judge in its volatility and in any case the trends over time are more certain and more easily observed by the lay person.


I like that you say after because the price I expect to be highest for 2020 in the first half and second half it will digest any gains, the news and protocol changes.   It all plays a part in future growth and block changes to the reward for mining is not immediate in altering the markets but the longer the distance from the change event the greater the difference in available BTC from that source is.   So I expect to see a larger move after more then 6 months then in this year itself, good things come to those who wait.     If people expect too much then I think the market as the beast bull or bear tries to make them jump, possibly even sell.
  The reason selling is important is it is a large source of BTC to the market, when its wrung dry and that source is greatly reduced and demand is continuing and good then the market mood will change again.

https://www.youtube.com/watch?v=Bkwy0scRXBU

Yep that happened to me at least once, I did the full week of posts with their sig on anyway so a bonus for them I guess.   Cant be too uptight about these things as crypto is so fast moving some turbulence is normal.     I presume this is full now, I'll be looking for a new campaign as mine ends Weds.

Its the battle of two tides, we have a trend relating to bearish failure of the previous rising channel but also 2 day momentum which BTC price needs to beat to prove itself as positive.    Till its clear on weekly bars it can move either way.



Its neither completely negative or proven positive at all yet.   Its just falling the line down right now at a relatively slower descent then just recently, I would expect it to resolve to move in one direction or the other with more commitment.

The only thing we have to fear is fear itself - Franklin D. Roosevelt  March 4th 1933

Most of the sell is in anticipation just like the prices previously were bid up in forecast of plain sailing and good business, the fear is an in alteration to that best case scenario.   BTC is subject to loose money flows so has some connection but I dont see it has to follow a parallel course, its effected by sentiment in the bids and top end prices which is fair as the greatest gains come via the easy money atmosphere QE has produced and the virus fears are now countering.



We are teetering on the edge of the 200 day average, it can rise or fall and take far longer to recover pricing if sentiment is more greatly effected.   I see some bounce possible in main indexes and I think BTC will catch a bid upwards also, how long that lasts or our direction over months could be different but I think its reasonable we get action above the 200DMA marked in yellow here.

All I take away is an indicator is not more then a sign, it doesnt have to force anything as true but it helps highlight possible moves and underlying strength maybe.     Even the averages arent always so important, its just something widely noted easily referenced and taken to show some weight to the price from prior moves.

The ETF getting turned down is no surprise so its in the price already I guess, I rate it no effect to note especially.   We're rising above two day average, if we stay above there then I see the weekend as being likely positive and it could help develop us further next week.   Or BTC can do anything it feels like as always :p

Its easier to drop this much after an excessive rise and many thought it looked as much for a while.  Many stocks had a similar kind of look to a parabolic formation which only ends with a sell like this.    Its a good trigger but not the total explanation.   
  I think the profit from here is playing out the sharp recoveries that are possible, each will sell also but eventually it'll go back into some trend.   Probably it just carries on upwards and this sell isnt even that great, I think it can find support here and the SPY close today was quite positive so at least some will be watching for longs on Monday.
   BTC I think could also catch some positive moves, I dont think either are going to move down all in one go from here.   Its adjustment and less gradient and over time we'll smooth out probably, bit early to call but often it can rise alot after a fall.