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Question: What happens first:
New ATH - 42 (71.2%)
<$60,000 - 17 (28.8%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26354717 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Hueristic
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March 01, 2020, 01:24:16 PM

https://twitter.com/blockfolio/status/1233491134900572160

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The stock market fell the equivalent of 694,573,873 bitcoin in a single week.

Is it evil that I take pleasure in this? Grin
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vapourminer
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what is this "brake pedal" you speak of?


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March 01, 2020, 01:51:50 PM

Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.

fastest way to get rekt in modern times.

of course hodling is also the fastest possible way to get to that stupid rich thing too.


EDIT  maybe
vapourminer
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what is this "brake pedal" you speak of?


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March 01, 2020, 01:55:24 PM

https://twitter.com/blockfolio/status/1233491134900572160

Quote
The stock market fell the equivalent of 694,573,873 bitcoin in a single week.

Is it evil that I take pleasure in this? Grin

i was watching the financial markets the last few days. got some good lulz.

some analysts seemed fairly bright. and some actually looked a bit worried too.
jupiter9
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March 01, 2020, 01:55:31 PM

Today is the 1 March. You know what should happen today, right?
LUCKMCFLY
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March 01, 2020, 01:55:47 PM

There is very little left for Bitcoin Halving, and the world with a developing Fundamental like Coronavirus, gold loses 7%, great opportunity to buy and Hodl now more than ever.

Quote
#Bitcoin  halving 2 months to go .. 2 more blue dots, then REDCohete

For new followers:
- Original S2F model article (22/3/2019):
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
- S2F model and EMH article (17/1/2020):
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107


Source: https://twitter.com/100trillionUSD/status/1234105954930741250
Saint-loup
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March 01, 2020, 02:50:59 PM

There is very little left for Bitcoin Halving, and the world with a developing Fundamental like Coronavirus, gold loses 7%, great opportunity to buy and Hodl now more than ever.

Quote
#Bitcoin  halving 2 months to go .. 2 more blue dots, then REDCohete

For new followers:
- Original S2F model article (22/3/2019):
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
- S2F model and EMH article (17/1/2020):
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107


Source: https://twitter.com/100trillionUSD/status/1234105954930741250
So you really think bitcoin will reach $100k this year or the next one?  Shocked You're serious?  Cheesy
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March 01, 2020, 03:06:13 PM


Probably US (or anyone else) are smart enough not to bring this Gold to Earth...




be pretty tricky to bring any significant weight back to earth
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March 01, 2020, 03:06:20 PM

Today is the 1 March. You know what should happen today, right?
This from Jack "BTC" Dorsey tattooed on his right cheek?
https://www.youtube.com/watch?v=DqvrS-Vff-Q
"Cashapp dat money.. I need it now." Cheesy

https://www.businessinsider.com/cash-app-influencer-marketing-song-to-go-viral-on-tiktok-2020-2
"Cryptocurrency News Today – Square, Jack Dorsey’s mobile payments firm, which has recently introduced a vast multitude of users to BTC through his company’s Cash App, has just sponsored the Super Cash App Friday. The plan is to give away about $30,000 worth of Bitcoin.
This campaign was initiated to draw in more mainstream users to crypto, and allowing anyone who is 18 years of age or older with a Twitter or Instagram account in the U.S to enter the Sweepstakes protocol. This move proved to be a good one as more people have liked the post on Twitter since it was shared on the platform on Friday.
"
As of Friday, February 28, the sweepstakes post has had 21,000 likes on Twitter. In another strategic move, Square has teamed up with TikTok.

"The song has already garnered 136 million views. And pop culture has made marketing efforts targeting Twitter, Instagram, and TikTok users. Since then Cash App has increased its user base to 24 million active users monthly. It is the second most popular finance application on Apple Store."

This is massive marketing at its epoch. With BTC3.5 given away for just liking and downloading an app. Cool


Even Pomp says "Wash your damn hands!" Wink
https://twitter.com/APompliano/status/1233954497191456768
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March 01, 2020, 03:10:12 PM

The main problem is not the virus itself. It's the fact that our supposed leaders and protectors are intentionally ignoring or even deliberately making it worse. And also the secondary effects, such as empty store shelves and general panic.

ahem

Let's stop being so damn paranoid.
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March 01, 2020, 03:13:44 PM

This Covid-19 shit is starting to become a pandemic.

Absolutely surreal watching a game of Plague Inc. play out in real-time.

I'm starting to get the fear. Supposed to be traveling to Amsterdam, and Ireland in April.

I went to the freaking Korean Spa last weekend. Lol.

What the hell was I thinking?
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March 01, 2020, 03:43:52 PM

Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.

The problem is that a fair amount of BTC is owned or at least manipulated by Wall Street and large institutions like Bakkt and the CME. Wall Street views bitcoin has an extremely high risk asset, meaning it is the first asset to get sold off whenever there is a panic of sorts. Only after Wall Street has minimized its involvement with BTC and regular folks feel comfortable with their amount of fiat money will BTC's price begin to stabilize.

Sorry to be the bearer of bad news, but that's what I believe.
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March 01, 2020, 03:50:18 PM


https://www.flightradar24.com/

Number of sneezes at this time...
Saint-loup
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March 01, 2020, 03:51:23 PM

The monthly update:



Not much to report, happy I bought one of the dips last month around 9480 USD. DCA is working fine at the moment. Cheesy

Other than that... got my second flu or something like that this season, even though my hands are sore from all the washing. One of the disadvantages of working in an open plan office. Anyway, the administration already has a plan when the "new flu" finally reaches the city. Our desks and the single toilet for 50 peeps will then be cleaned more frequently. Roll Eyes Probably all with the same wipe. When the time comes, I will put a note on my desk saying please do not clean.

I feel the urge for UVB and miss the green, will we have spring this year in March, please?

Gentlemen, have a great March, stay healthy, wash your hands and use (hand) lotion! #nohomo

PS: And no, not really afraid of the Wuflu, just amused about desperate measures to "stop" it.
TYVM for your update Dunkelheit667
It's only the third time since 2011 that february got a red candle, and March seems to be an usual red month.
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March 01, 2020, 04:00:44 PM
Merited by JayJuanGee (1)

There is very little left for Bitcoin Halving, and the world with a developing Fundamental like Coronavirus, gold loses 7%, great opportunity to buy and Hodl now more than ever.

Quote
#Bitcoin  halving 2 months to go .. 2 more blue dots, then REDCohete

For new followers:
- Original S2F model article (22/3/2019):
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
- S2F model and EMH article (17/1/2020):
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107


Source: https://twitter.com/100trillionUSD/status/1234105954930741250
So you really think bitcoin will reach $100k this year or the next one?  Shocked You're serious?  Cheesy

According to the graph, $100k will be reached sometime in 2022.

2022, 2023, 2025, who cares? The main thing is that $100k will be reached.

Sit back, relax, and HoDL. This is fine.
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March 01, 2020, 04:01:29 PM
Merited by Hueristic (1)

Good morn Bitcoinland.
Have a nice haiku Sunday.
Still going sideways.

The current price is
Eight five six five US bucks
(Bitcoinaverage)

Go go Bitcoin go.
Go go Bitcoin go go go
Go Bitcoin go go.

- 38% of Americans wouldn't buy Corona beer because of the coronavirus.
I bought it because funny. But only once, now I won't buy it because it tastes like horse piss Sad

I've never tasted horse piss but I imagine it tastes like Corona. What do they expect when it's bottled in clear glass.

There's a reason why beer is bottled in brown glass (or at worst green) in most places. It cuts down on UV light and keeps beer from becoming prematurely skunky.

Corona is pre-skunked. It's bad enough here in Mexico where it's considered cerveza turista, but by the time it's traveled to other countries, it's pretty dismal.
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March 01, 2020, 04:03:38 PM
Merited by El duderino_ (3)

Fox Kitten Campaign

Widespread Iranian Espionage-Offensive Campaign



https://www.clearskysec.com/wp-content/uploads/2020/02/ClearSky-Fox-Kitten-Campaign.pdf


Quote
The initial  breach of  the  targeted  organizations  was performed,  in  most  cases,  by  exploiting  1-day vulnerabilities in different VPN services such as: Pulse Secure VPN, Fortinet VPN, and Global Protect by Palo Alto Networks.
Searing
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March 01, 2020, 04:06:56 PM
Merited by nanobtc (1)

Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.

The problem is that a fair amount of BTC is owned or at least manipulated by Wall Street and large institutions like Bakkt and the CME. Wall Street views bitcoin has an extremely high risk asset, meaning it is the first asset to get sold off whenever there is a panic of sorts. Only after Wall Street has minimized its involvement with BTC and regular folks feel comfortable with their amount of fiat money will BTC's price begin to stabilize.

Sorry to be the bearer of bad news, but that's what I believe.

This is also true of any crisis..imagine you are trying to prepare your likely 'emergency fund' which also likely is empty....in say Venezuela

Any of that current currency, if you have such, is probably getting even more worthless due to last week's dump of stocks/BTC/etc. So you can

dig out your hidden emergency gold and/or stocks or take out a loan (all doubtful) or you can liquidate that Bitcoin you've been accumulating

that you were and are buying food, in say Paraguay or some such, because they never will again take Venezuelan currency.

But with this handy/dandy BTC/crypto with the ability to get USD out of such back from BTC and into say USD into your phone, you now can stock up for coronavirus.

This is happening with everyone around the world due to the instant and easy liquidation of BTC/Crypto for such pandemics we may be in the process of having.

So, BTC as plan-B for emergencies this should NOT be a surprise. Was to me, just saying, it should not have been. This easy liquidation is a feature of BTC, the same

as accumulation is.

So we will see how this pans out if/when the stock market continues to fall and other things happen....currencies get manipulated around the world and IMHO

BTC  price will swing back to upward and accumulation will resume and such BTC for the same ease of use above and BTC's decentralized nature.

But this time as a store of value, for these further games by governments and the next round or two of emergencies with this crisis. Again, IMHO. This liquidation

as a phase of BTC/crypto sales and price, dumping is just the 1st act of this whole coronavirus, again IMHO. Boom or Doom, we will be the first to know!

later

Brad
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March 01, 2020, 04:12:11 PM
Merited by nutildah (1)

Good morn Bitcoinland.
Have a nice haiku Sunday.
Still going sideways.

The current price is
Eight five six five US bucks
(Bitcoinaverage)

Go go Bitcoin go.
Go go Bitcoin go go go
Go Bitcoin go go.

- 38% of Americans wouldn't buy Corona beer because of the coronavirus.
I bought it because funny. But only once, now I won't buy it because it tastes like horse piss Sad

I've never tasted horse piss but I imagine it tastes like Corona. What do they expect when it's bottled in clear glass.

There's a reason why beer is bottled in brown glass (or at worst green) in most places. It cuts down on UV light and keeps beer from becoming prematurely skunky.

Corona is pre-skunked. It's bad enough here in Mexico where it's considered cerveza turista, but by the time it's traveled to other countries, it's pretty dismal.

https://knowyourmeme.com/photos/242934-the-most-interesting-man-in-the-world
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March 01, 2020, 04:34:09 PM
Merited by JayJuanGee (1)

There is very little left for Bitcoin Halving, and the world with a developing Fundamental like Coronavirus, gold loses 7%, great opportunity to buy and Hodl now more than ever.

Quote
#Bitcoin  halving 2 months to go .. 2 more blue dots, then REDCohete

For new followers:
- Original S2F model article (22/3/2019):
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
- S2F model and EMH article (17/1/2020):
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107


Source: https://twitter.com/100trillionUSD/status/1234105954930741250
So you really think bitcoin will reach $100k this year or the next one?  Shocked You're serious?  Cheesy

According to the graph, $100k will be reached sometime in 2022.


2022, 2023, 2025, who cares? The main thing is that $100k will be reached.

Sit back, relax, and HoDL. This is fine.



BIG difference between reach 100K (and more) and stay above for a while...

According to PlanB, "must" be reach before end 2021.

IMO, can be really possible, even before end 2021. When you will reach first, the previous ATH, then you can have a peak at 100K$ or 300k$, nobody can affirm.
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March 01, 2020, 04:34:49 PM

The main problem is not the virus itself. It's the fact that our supposed leaders and protectors are intentionally ignoring or even deliberately making it worse. And also the secondary effects, such as empty store shelves and general panic.

ahem

Let's stop being so damn paranoid.
I don't know what kind of point you are trying to make.
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