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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25493216 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. (158 posts by 14 users with 9 merit deleted.)
gentlemand
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Welt Am Draht


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March 12, 2020, 01:51:30 PM

Leads me to ponder whatever happened to folk who were posting back then.  I sometimes wonder what the ratios are for:

Still Around : Bored of WO and signed off : Got Wrecked and signed off : Made Enough to Retire and Disappeared : Suffered Psychosis and Disappeared : Died

I would love to know those stats too. Many accounts seem to have gotten hacked which could've accounted for them. Plenty lost the plot. I think the smallest number will be those who sold a fortune and then signed out one final time with a salute and a toast.

As for the current price action, bleurgh. It is what it is and I would've been astounded had it been any other way.
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1638447783
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Cryptotourist
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March 12, 2020, 01:51:51 PM

We're still swimming with the whales boyz:

Tar777
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March 12, 2020, 01:53:09 PM

it only seems at first glance that Russia is cutting the branch on which it sits, in fact, it understands that oil has no value, America simply buys oil without the need to rule everyone, and just prints usd for it. There has long been a technology on the water, this plant was quickly closed https://youtu.be/G3yGjve4mlU

It is a reason
jojo69
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1/21000000 , the only math you need to know


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March 12, 2020, 01:53:10 PM
Merited by bones261 (2)

peonminer
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March 12, 2020, 01:53:49 PM

Hmmm....
pretty soon I reckon  I’ll be in the same boat as all those debt ridden millennials...

...with a runny nose....

Story checks out.

https://www.reddit.com/r/Bitcoin/comments/fh6y4g/time_to_bring_out_my_old_plan_for_dealing_with/

mindrust
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March 12, 2020, 01:54:14 PM

Gold is down too btw. Store of Value my ass.
goldkingcoiner
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March 12, 2020, 01:54:35 PM
Last edit: March 12, 2020, 02:09:39 PM by goldkingcoiner

There goes all hope for ATH this year.

So a fast drop is possible, a fast pump isn't?? Weird to look at it.

Possible, sure. Probable? No. Especially with the corona scare. I think we are looking at another year of sideways.



edit: Don't listen to me. Really, I am just pissed at the fact I have no fiat to buy coin.
Torque
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March 12, 2020, 01:55:14 PM

Gold is down too btw. Store of Value my ass.

Ha!

I bet Peter Schiff woke up, checked the BTC price, took a victory lap, and started writing another article about how Bitcoin isn't a "safe haven" like Gold...

...and then checked the metals price.  Shocked  Grin
Lambie Slayer
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March 12, 2020, 01:57:51 PM

https://en.wikipedia.org/wiki/Executive_Order_6102

"Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States"."

Bernie could do this with Bitcoin. Do I think he would, idk, but Im sure Trump or Biden wouldn't. True it wouldnt censor Bitcoin, but an executive order banning Bitcoin ownership would put me out of the hodl game.

Its the extreme leftists Bernie would appoint to power that I would worry about most. A Bernie Fed ran by a communist bartender chick could easily ban Bitcoin.

These seem to be baseless, McCarthy era-level fears. I hope you don't actually believe this and are just using hyperbole to state your beliefs. Regardless, you're right in that its almost a moot point. America can now prepare itself for 4 more years of mediocrity and flow of wealth from the middle class to the rich.

Yeah, after the latest primaries it is a moot point. Its not that I was convinced it was likely for Bernie to do that. I just wanted to illustrate that any President could do that.

While I feel it would be unlikely for Bernie, Biden, or Trump to ban Bitcoin, I believe administrations and appointees of Trump and Biden would be less likely than administrations and appointees of Bernie to be hostile to it.

So thats why I considered it Bullish for Bitcoin that Biden did so well.

Globb0
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March 12, 2020, 01:58:28 PM
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Just talked to my old man, they went out and stocked up on food a few days ago. Today, everything is gone. Just a huge mob of people everywhere trying to grab whatever is still left. So glad they listened to me before it was too late. Thanks to everyone helping with keeping people informed.

I got the last pack of the wagyu steak burgers yesterday, it was horrendous
KonstantinosM
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March 12, 2020, 01:59:41 PM

I just bought the dip, Just a little bit, I think that a year or two from now, we'll be looking back at this as a discount. I'm an optimist, next time we're getting to 20k, we're smashing through it like wet toilet paper.

edit: Bought at 7,664




I still stand by my position. I'll try to buy more on my next paycheck if these prices hold or improve. Why are people whining about getting a discount?
peonminer
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March 12, 2020, 02:01:43 PM

So, will we still be able to use BTC during the apocalypse?

Wekkel
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yes


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March 12, 2020, 02:02:16 PM

I just bought the dip, Just a little bit, I think that a year or two from now, we'll be looking back at this as a discount. I'm an optimist, next time we're getting to 20k, we're smashing through it like wet toilet paper.

edit: Bought at 7,664




I still stand by my position. I'll try to buy more on my next paycheck if these prices hold or improve. Why are people whining about getting a discount?

Because most people are emotional bitches and lousy traders.

You, on the other hand, are winning.
Wekkel
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March 12, 2020, 02:04:17 PM

The only thing still missing is the forum going down  Roll Eyes

Nostalgia  Cool
Torque
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March 12, 2020, 02:04:34 PM

Btw, the gleaming bright side to all of this crap:

Once this bear market is over (in all markets) and has bottomed, we won't see this type of thing again for a VERY long time.

Mark my words, we'll have another ten year epic bull run that will defy all gravity, logic, and common sense.

The Fed will make sure of it.
strawbs
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March 12, 2020, 02:05:46 PM

The only thing still missing is the forum going down  Roll Eyes

Nostalgia  Cool

And MtGox getting DDOS'ed
vapourminer
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what is this "brake pedal" you speak of?


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March 12, 2020, 02:07:15 PM

time to get some gear folding again. a mining board with its 1 PCIe lane per gpu will likely suck but i have some other mobos lying around i can use.

Yeah, I have my project for the day.

Probably be opening the windows by tonight even though it is still winter here.

Finally a way to DO something...

yes, something to do that can actually help. its a good feeling.

just have the desktop with its 1080ti folding now, need to pull some other mothballed cards out and set them up.

WU 11745


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born once atheist


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March 12, 2020, 02:08:26 PM

....Because most people are emotional bitches and lousy traders.
Years ago, I got emotional once, and shook my fist at a rain cloud...
Wekkel
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March 12, 2020, 02:08:58 PM

Mark my words, we'll have another ten year epic bull run that will defy all gravity, logic, and common sense. The Fed will make sure of it.

Or the ‘FED effect’ will make the next bubble faster than ever because:

They. Won’t. Even. Be. Pretending. Anymore.
Wilhelm
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March 12, 2020, 02:10:14 PM

The only thing still missing is the forum going down  Roll Eyes

Nostalgia  Cool

And MtGox getting DDOS'ed

Good 'ol days of pump 'n dumping  Cool
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