Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[d_eddie]

So to answer the enormous question on everyone's minds right now, is it a block halving or block halvening? Google claims that more users are interested in the halving, rather than the halvening, regardless of the latter's grammatical incorrectness. It's safe to assume that Google's user's do not care of grammatical correctness. More relevantly, searches for the halving event recently reached an all time high. Searches for the halvening didn't reach all time high.



Suggestion: Let's roll with the grammatically incorrect phrasing of the block halving, rather than halvening, for the benefit of google searches.
(Even my spell checker wants to call it the halving, take the hint)

halvening, halving?
the same search - but google gets
to know YOU better





#tinfoil

[1680073941]

1680073941

[HI-TEC99]

Coronavirus has spread to Finland.

These are the cities most ‘at risk’ of seeing cases of coronavirus.

    Bangkok
    Hong Kong
    Taipei
    Seoul
    Tokyo
    Singapore
    Phuket
    Osaka
    Kuala Lumpur
    Macau
    Denpasar Bali
    Sydney
    Chiang Mai
    Melbourne
    Los Angeles
    New York
    Dubai
    Nha Trang, Vietnam
    London
    Ho Chi Minh City
    Nagoya
    Kota Kinabalu
    Phnom Penh
    Krabi
    Manila  
    Siem Reap
    Paris
    Jakarta
    Kaohsiung
    Frankfurt

The study the list came from is here.

https://www.worldpop.org/events/china

https://www.worldpop.org/resources/docs/china/WorldPop-coronavirus-spread-risk-analysis-v1-25Jan.pdf

[LUCKMCFLY]

According to Lee, an emerging Bull waking up ..

Bitcoin moved back above its 200-day moving average on 1/27... positive milestone and reinforcing 2020 shaping up to be great year for $BTC #bitcoin

- whenever BTC >200D, win-rate (6M forward) jumps to 80% and essentially "re-entering" bull market (>200D)

Twitter: https://twitter.com/fundstrat/status/1222566246455160832

Lee has also stated that Bitcon’s year-to-date gain of 26% represent the largest of any major asset class, with the cryptocurrency’s use as a safe haven asset being a likely contributor. It’s also worth noting that BTC price has moved up further since this tweet.

Bitcoin is best performing asset class YTD +26%... demand for "safe haven" is boosting Bitcoin and arguably, #Bitcoin is seen as a better "safe haven" than $Gold #gold

- Gold is up a decent 3% vs a whopping 26% for Bitcoin

Twitter: https://twitter.com/fundstrat/status/1222301926936715265

Source: https://bitcoinist.com/bitcoin-is-re-entering-a-bull-market-fundstrats-tom-lee-confirms/

[Bitcoinaire]

Breaking the old all time high will signal to the plebs that bitcoin is not dead and actually alive and surging. Money will once again pile in and the good times will be back.

[Bitcoinaire]

There's lots of speculation that china is downplaying the actual figures too, it's probably much higher.

Coronavirus


https://twitter.com/StockBoardAsset/status/1222688399607332864

[Icygreen]

Do we really want to send them to coinbase? I understood they've been naughty in assisting agressive nutrino chainalyasis/analytic tactics.

Genuinely curious. What _exactly_ do you think they are doing to aid chainalysis? Divulging private customer data?

I'm not accusing them of anything illegal however since Coinbase acquired Neutrino, now they have the largest on ramp and customer base with chainalysis rolled together. Not only is it a honeypot for leaks, its recreating the same privacy invasive, centralized practices familiar in today's banking. While understanding the merits of such, I prefer to support smaller privacy focused on ramps in efforts to avoid ultimately enslaving the population with an 'all seeing' Gov. Bitcoin.
To answer your question directly, Coinbase is consolidating power to break and prevent privacy in Bitcoin.  #deletecoinbase

So you have no proof that they are using such data to nefarious ends? That's certainly what it appears you are saying.

Your closing statement is topologically identical to 'Google/Amazon/Facebook is consolidating power to break and prevent privacy in all aspects of life'. Which could be a true statement, but I bet there is not one in a hundred persons reading this that does not deal with at least one of those organizations from time to time.

You' are correct, no proofs from me. I'm unable to afford the luxury or patience to await proof so I must rely on intuition, experience and history (Sometimes referred to as logic) If that condemns me to your special snowflake pile, oh well, I guess I'll have to live with that
As a society we've already given our private lives to Facebook, our data to Google and our shopping habits to Amazon.  I'm guilty but unprepared to drive the final nail into the coffin relinquishing our financial privacy simply because I was duped into the previous.
 I'm not sure what point you'd like to make with your closing statement. Are you saying that since we've already given some of our information to these corps, giving the rest shouldn't be a problem? Perhaps until proven otherwise?
   

[Paashaas]

Daily update Corona virus outbreak:

[Paashaas]

There's lots of speculation that china is downplaying the actual figures too, it's probably much higher.

Wuhan is a ghosttown Racoon city.

[bitebits]

So to answer the enormous question on everyone's minds right now, is it a block halving or block halvening? Google claims that more users are interested in the halving, rather than the halvening, regardless of the latter's grammatical incorrectness. It's safe to assume that Google's user's do not care of grammatical correctness. More relevantly, searches for the halving event recently reached an all time high. Searches for the halvening didn't reach all time high.



Suggestion: Let's roll with the grammatically incorrect phrasing of the block halving, rather than halvening, for the benefit of google searches.
(Even my spell checker wants to call it the halving, take the hint)

103 days

Or halfin?

[Arriemoller]

Good morn Bitcoinland.
Eight four three eight yankee bucks.
(Bitcoinaverage).

Nice new avatar.
Love the Greta Thuntard pic.
Make a hat of it.

hattstrejk för bitcoin



avatar-sized

I would merit this with a bunch of merits if I had any, half for the hat and half for correct Swedish spelling. Well done sir.

[heslo]

That hat is fucking amazing! I'll shoot some merits his way Arriemoller for the both of us!

[VB1001]

Good morning, good day to change the rank.

Bye Sr. Member / Hi, Hero Member 

WO #nohomo

Congrats VB1001!!!! More than deserved as you already achieved more than enough merits to even be a Self-made Legendary!

The beginning was not easy, but everyone has seen me grow here and I hope to stay a long time, WO is a great thread in every way.

Thx.

[Arriemoller]

That hat is fucking amazing! I'll shoot some merits his way Arriemoller for the both of us!

Thanks, I owe you.

[mindrust]

Can I order a flash crash to $5500 please?

You mean you have an active stop loss order with an exchange?

No I don't deal with that crap. (Stop loss, leverage, margin trading etc)

I buy on spot and hodl only.

I still believe I can act fast enough.

It only takes 10 minutes to wire my money to the btc exchange and buy coins. Maybe I won't catch 5500, but 6000 is still fine.

[HairyMaclairy]

Do we really want to send them to coinbase? I understood they've been naughty in assisting agressive nutrino chainalyasis/analytic tactics.

Genuinely curious. What _exactly_ do you think they are doing to aid chainalysis? Divulging private customer data?

Yes

[Arriemoller]

A reporter today (or yesterday) was interviewing some biotech exec.
Exec: "We got the sequence on Jan 9, so we can now start working toward a vaccine".
Reporter: So, when it would be ready, then (implying that he, like, downloaded a pdf file and expecting a "curing" app any minute, lol)?
Exec: it usually takes 10 years, but with some "acceleration" with the help of the government, it could be done in 4 years.
Reporter: just sitting there in silence, basically. It was 'amusing' to see.

Based on H5N1 (which is really bad) it should take about 6 months tops.

Or maybe just three months.

https://www.zmescience.com/medicine/is-there-a-coronavirus-vaccine/

[makrospex]

A reporter today (or yesterday) was interviewing some biotech exec.
Exec: "We got the sequence on Jan 9, so we can now start working toward a vaccine".
Reporter: So, when it would be ready, then (implying that he, like, downloaded a pdf file and expecting a "curing" app any minute, lol)?
Exec: it usually takes 10 years, but with some "acceleration" with the help of the government, it could be done in 4 years.
Reporter: just sitting there in silence, basically. It was 'amusing' to see.

Based on H5N1 (which is really bad) it should take about 6 months tops.

Or maybe just three months.

https://www.zmescience.com/medicine/is-there-a-coronavirus-vaccine/

Interesting times, indeed.
What i am really waiting for is a profile of which and how many people typically die from nCoV, which ages, health status, social status and so on.
Could be a huge downshift in human life expectation numbers if too much goes wrong within the next six months.

[Gyrsur]

new AYH confirmed at $9444.0 on Bitstamp. the whale(s) seems to like funny figures like 444 or 666.

please no bart again!


(*) Bitstamp data timeframe 2h

this level currently does have some impact on the way above because it's the 38.2% retracement from the ATH at $19666 (100.0%) down to 2018 AYL at $3122.3 (0.0%). it's the biggest picture if you zoom out and should have also the most importance.


(*) Bitstamp data timeframe 1w

[Phil_S]

Coronavirus has spread to Finland.

Hopefully it won't survive saunas/alcohol.

[HairyMaclairy]

The 2% tail emission on Monero is too high, meaning it is not a deflationary asset.  

If it is not deflationary, then it underperforms as a store of value.

Tail emission in May 2022, when all 18.4 million Monero are mined, is 0.6 XMR per two minute block.

(0.6 x 30 = 18 XMR/h) x 24h x 365d = 157.680 XMR / year tail emission.
(157.680 / 18.4 million) x 100 = 0.85% inflation the first year. And then declining each year which probably amounts to less then is lost in tragic boating accidents.

Gold nowadays has an inflation (flow) of about 1.6%. Even in the first year of tail emission about two times as high as Monero. Gold has proven itself over a very long period to be a reliable store of value.

Think it is rather short sighted to just say: no hard cap so no store of value. And you have to remember Bitcoin is still an experiment in the grand scheme of things. Little Monero is experimenting as well and pays a small price for a guaranteed miner incentive + flexible block size (=scaling).

I am not going to argue altcoins here, but don’t only listen to the ones yelling the loudest (that is a comment to newbies reading, not you).

If you take into account lost Monero and remove those from available supply, the effective inflation rate is much higher.  If 30% of Monero are lost by May 2022, then the inflation rate is 1.2%.  The inflation rate is MUCH higher than Bitcoin which has absolute scarcity.  

Inflation may even increase if the rate of lost coins exceeds tail emissions.