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

[Cryptotourist]

Sure, another way of putting it.  don't you British prefer using "cunt", though?  Such as "that bloody cunt."  Not the good kind.  

Medium kind: "you fucking wanker"

[BTCMILLIONAIRE]

I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer.  One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno

Wouldn't put it past them if the WHO and other establishment organizations played it down until they got ready for some good old insider trades before ringing the alarm bells.

I'd be seriously surprised if there was anything that they could learn this late in that would shift the situation from "who cares" to "full panic". These issues are too well studied.

/tinfoil

Well that didn't take long to come to light.

[BTCMILLIONAIRE]

Good morning Bitcoinland.

Briefly touched the $7xxx range before correcting a little... currently $6660USD/$9507CAD (Bitcoinaverage).

Still a week and a half in Mic's contest. This should be interesting.

Stop using the paper money. Seriously, paper money is the easiest way to spread any kind of germs.

Not my paper money. 

You may want to seal those, just to be safe against deterioration and tearing.

[Cryptotourist]

I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer.  One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno

Wouldn't put it past them if the WHO and other establishment organizations played it down until they got ready for some good old insider trades before ringing the alarm bells.

I'd be seriously surprised if there was anything that they could learn this late in that would shift the situation from "who cares" to "full panic". These issues are too well studied.

/tinfoil

Well that didn't take long to come to light.

Just you wait when the narrative goes full retard, to "the government cares, Costco loves you".

Kinda of curious about that tbh.
Much like the gold ban then, extreme measures, require extreme conditions to mature - to be adopted.

Seems that we've found something better than war. Something financially viable. Peace in a lock down sorta way. Where do I sign up? We'll know soon enough.

Needless to say, all this is crazy fucking uber bullish for BTC.
The stars are aligning.

[JayJuanGee]

Most Brits aren't particularly fond of the C word 

fair enough.. probably getting them mixed up with the Aussies.... 

There I went down the tubes, trying to come off as worldly...

Yeah, the Aussies are far more likely to use it. But then, their vocabulary is pretty limited so they have far less choice in the matter when it comes to expressing themselves.

Must be from the released prisoner heritage.   

[marcus_of_augustus]

https://www.bbc.com/news/world-us-canada-51978164

Four people in the same family have died from coronavirus in the US state of New Jersey, with three more relatives in hospital.

Grace Fusco, 73, and six of her adult children fell ill after attending a large family gathering.

... I have feeling overweight Italian (or Italian heritage) maybe particularly vulnerable. High BP, lots of social touching, (holding hands, kisses, hugs, cheek squeezes, etc). The virus appears to be a particularly vicious threat to generally sick societies.

Edit: Number of cases testing +ve and deaths still doubling every 4 days ... i.e. 4 day doubling time.

Estimating back-of-envelope calculation. ~200k global cases confirmed, Fauci says this is 4 days behind actual and only 80% of cases getting tested. We probably have 2 million global cases right now. Therefore between 20,000-100,000 deaths in the pipeline (assumes infection spread halted totally today).

[Cryptotourist]

https://www.bbc.com/news/world-us-canada-51978164

Four people in the same family have died from coronavirus in the US state of New Jersey, with three more relatives in hospital.

Grace Fusco, 73, and six of her adult children fell ill after attending a large family gathering.

... I have feeling overweight Italian (or Italian heritage) maybe particularly vulnerable. High BP, lots of social touching, (holding hands, kisses, hugs, cheek squeezes, etc).

Bless them, life to you.

The virus appears to be a particularly vicious threat to generally sick societies.

Generally sick societies?
Too bad we don't cast them anymore. Oh wait...

[JimboToronto]

Stop using the paper money. Seriously, paper money is the easiest way to spread any kind of germs.

Not my paper money. 

You may want to seal those, just to be safe against deterioration and tearing.

Don't worry. Most of my "paper" wallets are encrypted silicon, duplicated and off-site.

Those that are actually paper (travel, current transactions, etc.) I keep in money-sized ziplock baggies along with pertinent transaction details like dates, amounts, sources etc.

I also archive my old swept wallets with their records. Some of them even have bits of forkcoins I never bothered to scavenge. They're also in baggies but additionally sealed in Mylar.

Someday even those forkcoin "faketoshis" might add up.

[marcus_of_augustus]

The virus appears to be a particularly vicious threat to generally sick societies.

Generally sick societies?

... yes, like endemic obesity, high blood pressure, poor diets, low exercise, unfit, sedentary lifestyles, high smoking rates, high alcohol intakes, heavily medicated, high background pollution levels, high depression levels, poor mental health, high cancer rates, high average age, low vigor, etc.

Generally sick societies.

[Cryptotourist]

... yes, like endemic obesity, high blood pressure, poor diets, low exercise, unfit, sedentary lifestyles, high smoking rates, high alcohol intakes, heavily medicated, high background pollution levels, high depression levels, poor mental health, high cancer rates, high average age, low vigor, etc.

Generally sick societies.

Aren't you a joy to chat with, I'm no expert of course, but I think you just described 99% of the world population.

[Cryptotourist]

This child is off to bed.
The other one should pick up shortly.

Ta-da.

[Dabs]

Don't worry. Most of my "paper" wallets are encrypted silicon, duplicated and off-site.

Those that are actually paper (travel, current transactions, etc.) I keep in money-sized ziplock baggies along with pertinent transaction details like dates, amounts, sources etc.

I think laser printed paper wallets are better than inkjet printed, as the toner lasts longer and more resistant to moisture. I can't tell from the picture as there are color laser printers but they tend to be more expensive (and the toner as well.)

Mine are in those plastic folder binder thingies with sheet protectors.

[marcus_of_augustus]

This child is off to bed.
The other one should pick up shortly.

Ta-da.

Ok, later.

You girls need to ask for a raise from your handlers. Getting led around like bitches on a leash and made to bark lies on demand is very demeaning.

Maybe the public doesn't need to be told what to think by agents of the state who have to slink around covertly lying and manipulating in public forums?

[jojo69]

It's not about the Covid deaths. It's about their consequences.
Snakes don't do much damage to the economy, do they?

Well, maybe we shouldn't overreact and shut down the economy then.

Agree. If people could (would be willing to) interact in a manner that slows down the spread, economy could continue in some kind of "safe mode".
It's because many people are too dumb (simply put), so they get locked down.
Would be better to control spread via hygiene and technology to avoid overloading the healthcare system.
lockdown is quite a dumb measure, and if you even think of the consequences of taking the freedom of millions...

[jojo69]

Getting merit in WO easy for newbie tbh, just hit the right cord.

Just trying to help your English, I know this one is subtle.

You mean "chord" like in music.

[jojo69]

Welcome, Here4Gainz.  You might need to provide more information about your particulars, but surely your own research would be part of any BTC plan.

I generally recommend that newbies figure out their cashflow for 6 months, and then make an investment budget that is spread out during that kind of timeline that allows them to continue to learn about BTC while they are investing by dollar cost averaging, buying on dips and perhaps frontloading their investment a bit.

Accordingly you can take your current cash available for budgeting towards bitcoin and add it with your cashflow that you expect to dedicate to invest in bitcoin over the next 6 months.  Divide that into three and invest 1/3 immediately and dedicate 1/3 respectively to DCA and buying on dips.

Of course, you can employ other variations of such recommended strategy to account for all of your own specific conditions, including  your cash flow, other investments, view of bitcoin as compared with other investments, risk tolerance, timeline and time and skills for trading, managing your portfolio or researching into bitcoin (including tweaking from time to time).

Jay

you should get an AM radio show

[JayJuanGee]

Welcome, Here4Gainz.  You might need to provide more information about your particulars, but surely your own research would be part of any BTC plan.

I generally recommend that newbies figure out their cashflow for 6 months, and then make an investment budget that is spread out during that kind of timeline that allows them to continue to learn about BTC while they are investing by dollar cost averaging, buying on dips and perhaps frontloading their investment a bit.

Accordingly you can take your current cash available for budgeting towards bitcoin and add it with your cashflow that you expect to dedicate to invest in bitcoin over the next 6 months.  Divide that into three and invest 1/3 immediately and dedicate 1/3 respectively to DCA and buying on dips.

Of course, you can employ other variations of such recommended strategy to account for all of your own specific conditions, including  your cash flow, other investments, view of bitcoin as compared with other investments, risk tolerance, timeline and time and skills for trading, managing your portfolio or researching into bitcoin (including tweaking from time to time).

Jay

you should get an AM radio show

Sorry to break newses,

 this be my talk show...

Only I can type... no doesn't know how spoiken dee engwish proper.  

sucks Bme.  

Next caller.....   Line 3:  

[lightfoot]

Thanks for the bidet tutorials everyone. Will be interesting to see how this thing works when it gets here.

Meantime I'm prepped up and pretty much ready for anything. We'll see what happens tomorrow, I'm sure it will be a new fun-filled day!

[JSRAW]

Thanks jojo

[bitebits]

Afternoon all

New 2 BTC and investing in general - wanting to take advantage of the new world I entered at a very small 0.2 BTC @ 5.7k. Have plenty of funds and considering buying 1 - 2 whole btc as I'm gathering confidence that it'll return to 10k+

Discuss and help a newb out.

Wait until $10k/btc then you are sure.