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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25491915 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.)
bitebits
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March 15, 2020, 12:21:21 PM

Another honest thought...

As much as we all hate Tone Vays, I believe he was right about one thing.

Shitcoins.

They are a huge part of the problem and nobody can do nothing about it. (anybody can create a shitcoin and scam others before going to zero) Without all of them going to zero, I think bitcoin will have serious problems, price-wise against the USD.

Maybe they'll go away this time...

Take a look at CMC's homepage and tell me what you see. I only see shit. (other than #1) And people trade and hodl these shits with the hopes of them becoming the new bitcoin. And there are hundreds of thousands of them.


You seem to be acting and viewing things a bit binary. All in, all out. Everything but bitcoin is a shitcoin. There is a a middle ground as well and it is fun to be curious.
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March 15, 2020, 12:34:34 PM

Dips are for buying.
mindrust, I'm talking to you...
You're doing it wrong!

#friendly_nohomo_haiku
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March 15, 2020, 12:37:25 PM

Belgians are far from responsible, just look at the country - it's literally been torn in half! While most of the population can't even speak their own native languages and have to resort to English it's embarrassing. None of the lack of responsibility surprises me. That said, I hope your not a Flemmish nationalist otherwise I'm gonna get negged  Tongue

The Dude is a hardcore Flemmish, please separate us from the French part  Kiss

^
Naaah why would that have to do anything with trust page  Roll Eyes

I was joking, maybe not obviously, but also;

I've been punched for less here Tongue

By less I mean for saying something less insulting, by here I meant Flanders. Capitalized for your sake Tongue
Flemmish nationalists can be very "sensitive" about these issues, and therefore unpredictable with their behavior. Glad to see you don't suffer from this  Cheesy
I otherwise PM'd you.
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March 15, 2020, 12:39:06 PM

https://www.khealth.ai/

Maybe something useful ....

My brother in law is a doctor and he was telling me the benefits of vitamin D3 and Zinc lozenges for minimizing the risks of the coronavirus. Something about zinc and the cells during first contact...check out this article about it.

https://www.medicinenet.com/script/main/art.asp?articlekey=228691

Disclaimer: article says no more than 150mg of zinc a day

Careful.
Zinc is depleting copper, which can get you in even worse immune and heart conditions. The safe margin is 50mg (effective) for zinc, and for medium term. So it depends on the form of zinc you take. Picolinate is most effective in metabolisation, so you have to take much less of it that Zn-oxide, for example.
I have issues with my colon and i take effectively 30mg zn (picolinate) per day since more than 8 years. I get some health problems if i wouldn't and my copper levels are monitored regularly. These are always a tad below normal, but i have to take 30mg ZnP for the same effects as a healthy person might have from 5-10mg.
Zinc helps building and restoring mucosa. That's the reason for the immune "boost".

SARS-COV-2 is very effective. It needs no more than 1-2 viruses on mucosa to get you infected.
I doubt zinc will help a lot here, but if you suffer from herpes labialis, herpes simplex a lot, gum bleeding, soft and broken fingernails as well as dry skin and skin eczema, it will help and won't hurt.

When you catch a virus, a keto diet should help in improving healing and symptoms, also in prevention, as even lab tested in vivo (with mice). Hairy M.L. left a link some dozens of pages before about the lab results.
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March 15, 2020, 12:42:33 PM
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I hear china is trying to blame the US for this virus that leaked out of the chinese shit tier biowarfare lab in wuhan..

If so, then totally fuck them..
Start some shit china bitches.. Go ahead..

I mean.. If we are already going to be in wartime conditions.. Eh..
It is my humble opinion that China must be destroyed. China delenda est. Delenda is now a WORD, spellchecker. Holy shit.

They literally unleashed a global plague upon the world. If this doesn't at the very least result in some very severe economic sanctions, the world is truly beyond fucked.
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March 15, 2020, 12:46:45 PM

Spain enters official nationwide lockdown.

So does France from midnight.

Looks like everyone is starting to take this shit seriously. Except maybe UK... I donno if it is because they are doing good or ignoring the problem.

The UK is adopting a different strategy than the potentially knee-jerk reactions of others. Slightly simplistic use of props here but the message is accurate: https://www.youtube.com/watch?v=nl6tTwxzCi8

It may be that only the UK is approaching this rationally. Time will tell.
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March 15, 2020, 12:51:08 PM

I hear china is trying to blame the US for this virus that leaked out of the chinese shit tier biowarfare lab in wuhan..

If so, then totally fuck them..
Start some shit china bitches.. Go ahead..

I mean.. If we are already going to be in wartime conditions.. Eh..
It is my humble opinion that China must be destroyed. China delenda est. Delenda is now a WORD, spellchecker. Holy shit.

They literally unleashed a global plague upon the world. If this doesn't at the very least result in some very severe economic sanctions, the world is truly beyond fucked.

In these... sensitive times... more confrontation is the least we need.
Just look back at history an learn what offensive politics brought to us so far.
What's happening is all to similar to what happened just before ww2.
The ordinary people are to pay the bill for any mess that is started or fueled.
You can't be saying that you want this, or do you?
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March 15, 2020, 12:52:59 PM
Merited by LFC_Bitcoin (2)

via Imgflip Meme Generator

Watching football
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March 15, 2020, 12:55:22 PM


So you go shopping to the brick and mortar shop: it's a mess because you cannot simply go in: as a security measure only one few person can enter, so access is reduced, hence big queues. Also while queuing you must stay  distant. Result are very long queues outside food supermarkets (in a sense , now I understand those who raided shelves a few weeks back).


Something like this:
https://vm.tiktok.com/pa7gpD/

No idea where it is taken.
I live in a city, similar queues, little bit less daunting scenario.
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March 15, 2020, 01:00:32 PM

@mindrust, I fully expect you to buy back at your capitulation price or better.
If you get the chance.

Nice to see you back.

I think everyone should panic sell once, in order to learn from the mistake.

Truest words ever
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March 15, 2020, 01:01:58 PM
Last edit: March 15, 2020, 01:14:11 PM by OutOfMemory

Spain enters official nationwide lockdown.

So does France from midnight.

Looks like everyone is starting to take this shit seriously. Except maybe UK... I donno if it is because they are doing good or ignoring the problem.

The UK is adopting a different strategy than the potentially knee-jerk reactions of others. Slightly simplistic use of props here but the message is accurate: https://www.youtube.com/watch?v=nl6tTwxzCi8

It may be that only the UK is approaching this rationally. Time will tell.

There is a science called "complex system theory".
The basic outline: If you respond to complex problems (like an exponentially spreading virus outbreak) with a simple solution, it is inevitable to fail.
There are many, many examples in history.

EDIT: And Boris is as simple as simple can be.


So you go shopping to the brick and mortar shop: it's a mess because you cannot simply go in: as a security measure only one few person can enter, so access is reduced, hence big queues. Also while queuing you must stay  distant. Result are very long queues outside food supermarkets (in a sense , now I understand those who raided shelves a few weeks back).


Something like this:
https://vm.tiktok.com/pa7gpD/

No idea where it is taken.
I live in a city, similar queues, little bit less daunting scenario.


The weather also makes the virus stay alive on surfaces longer. Man, i hope you all get out of this very mess soon and healthy, i even told the kids that the annual vacation in Italy is likely to be suspended for 2020   Cry
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March 15, 2020, 01:04:02 PM

Im a good bit of pages behind so sorry if someone already posted this.


Here is some serious Bitcoin Bull Porn right here.  Smiley

The (Central) Bank of England released a paper Thursday on Central Bank Digital Currencies, CBDC's.

https://www.bankofengland.co.uk/paper/2020/central-bank-digital-currency-opportunities-challenges-and-design-discussion-paper

Its long and mostly boring but a new idea is buried in it.

"There may also be benefits from remuneration for unconventional monetary policy. If interest rates are, and
continue to be, low then central banks are likely to be constrained by the lower bound more frequently than
historically was the case. A CBDC that could be remunerated at a negative rate  Shocked could be used
to relax that
constraint, to the extent that the constraint was caused by the fact that cash pays zero interest (Bordo and
Levin (2019)). "

They just realized they can solve their problem of negative rates. You see they would like to have negative rates as the ultimate way to ruin savers and force them to spend their money on stuff they dont need and stay living paycheck to paycheck forever. Bankers know if they have negative rates for personal bank accounts then people will just withdraw their money and stash it. Cash pays zero interest and defeats negative interest rates.

Their solution is to give everyone Digital Banker Bucks and when they wanna have a negative interest rate, they just make your Digital Bucks disappear over time in your digital wallet if you dont run out and buy stuff with it.

To confuse people about the theft, the devious obscurantists call it "Negative Remuneration."   Roll Eyes

Add that to the purposely confusing jargon vocabulary like Repos, Quantitative Easing, OMO, and POMO.

No wonder they freaked out about Libra, it was hard money compared to this.


Central bank digital currencies are definitely coming. ECB is going to have their own, Bank of England theirs and Murica is going to be strong armed into Libra. Even China has a CBDC in place. They are coming and your best bet is KING BITCOIN.


We live in very interesting times!



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March 15, 2020, 01:12:03 PM

Now everyone will stay at their homes in the hope that things get under control asap and maybe there won't be needed an extension of the full lockdown after this 15 days pass.

Hi bitserve, to do it well, apart from closing bars, restaurants, gyms, cinemas, restaurants, yesterday, when the alert plan was announced, and the president said that "everyone stays at home", it is useless.
If you force a part of the country to shut yourself up at home, but the president says:

That people can go to their jobs on Monday, the contagion will inevitably continue to increase, he is stupid.

Spain as always, making a fool of itself due to its political leaders.

I hope that we can overcome this crisis without reaching extreme situations.

I think when he says people can go to their jobs on monday he means somewhat critical jobs or ones not open to the general public... most business have already shut down or slowed down themselves. You can't just shut it down EVERYTHING.

People know they should stay at their homes already. If there is some business that keep running it is probably because they NEED to... so I wouldn't force them to completely shut down unless strictly necessary (ie: after we get some results/stats about the success of this first preventive lockdown).

Business that should be kept running (even if at reduced capacity and with safety procedures):

- Health: Pharmacies, Hospitals, distributions, factories/producers, etc
- Food: Supermarkets, distribution, producers, etc...
- Telco ....
- Energy
- Oil/Gas station
- Security, police, military...
- Construction/maintenance (in some cases)
- Vets
- ....

There are lots of sectors that can not and should not shut down because we rely on them.

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March 15, 2020, 01:19:37 PM

Now everyone will stay at their homes in the hope that things get under control asap and maybe there won't be needed an extension of the full lockdown after this 15 days pass.

Hi bitserve, to do it well, apart from closing bars, restaurants, gyms, cinemas, restaurants, yesterday, when the alert plan was announced, and the president said that "everyone stays at home", it is useless.
If you force a part of the country to shut yourself up at home, but the president says:

That people can go to their jobs on Monday, the contagion will inevitably continue to increase, he is stupid.

Spain as always, making a fool of itself due to its political leaders.

I hope that we can overcome this crisis without reaching extreme situations.

I think when he says people can go to their jobs on monday he means somewhat critical jobs or ones not open to the general public... most business have already shut down or slowed down themselves. You can't just shut it down EVERYTHING.

People know they should stay at their homes already. If there is some business that keep running it is probably because they NEED to... so I wouldn't force them to shut down unless strictly necessary (ie: after we get some results/stats about the success of this first preventive lockdown).



Right, everybody knows spreading is inevitable. Even B. Johnson.
But if infection rate isn't going to slow down very soon, many unforeseen and unwanted side-effects will accumulate into a BIG mess, even bigger than the mess we will be going through within the next few weeks/months. It's just a question if you want to get stabbed in a hand or in the liver.
But don't worry. Give it some more weeks and everybody who is unwilling to learn will finally do it. Even if it's in a very hard way.

EDIT: Avoiding closed spaces would at least help a lot with the spreading. The virus doesn't survive for long times outside. That's what the virologists say. As long as people are gathering in rooms, halls, churches, factories, markets (i remind you of wuhan wet market), the disease will spread, faster and faster.
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March 15, 2020, 01:27:21 PM


There is a science called "complex system theory".
The basic outline: If you respond to complex problems (like an exponentially spreading virus outbreak) with a simple solution, it is inevitable to fail.
There are many, many examples in history.

EDIT: And Boris is as simple as simple can be.


Is it a complex problem though? Or is it pretty simple - a virus is spreading which needs to be contained. Time will tell whether "flattening the curve" was the correct approach.

Agreed - Boris is an ass-hat.  However, for once he's actually deferring these decisions to medical professionals.
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March 15, 2020, 01:31:29 PM
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Local bottom forming, and support strengthening, resistance remaining constant.
Breakout very likely, imho. But also a very good opportunity to counter-trade and dump coins on us.
 Huh what's next  Huh

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March 15, 2020, 01:40:35 PM
Last edit: March 15, 2020, 01:53:38 PM by OutOfMemory


There is a science called "complex system theory".
The basic outline: If you respond to complex problems (like an exponentially spreading virus outbreak) with a simple solution, it is inevitable to fail.
There are many, many examples in history.

EDIT: And Boris is as simple as simple can be.


Is it a complex problem though? Or is it pretty simple - a virus is spreading which needs to be contained. Time will tell whether "flattening the curve" was the correct approach.

Agreed - Boris is an ass-hat.  However, for once he's actually deferring these decisions to medical professionals.

There is a valid point of criticism on most decision makers at the time. They listen a lot to medical pros and virologists, but epidemiologists and economists are seen sparingly. These would be more important. So Boris leaves it up to fate. Well, good luck! The brits will need it.

A pandemic is indeed of complex nature, in all its details. It's defined by "uncontrolled" spread, world wide. So you can't contain it, just slow it down.
If you don't slow it down, you're fucked. That's the only simple aspect of this problem.
People will panic, hospitals will break down, their staff will break down too. China, Italy as role models.
But if Boris' experts are more competent that the WHO's, they might even be right.
But if i would lead a nation, i wouldn't gamble with the life and health of my people.

EDIT:

cnn.com

Quote
A woman at an Australian supermarket allegedly pulls a knife on a man in a confrontation over toilet paper. A Singaporean student of Chinese ethnicity is beaten up on the streets of London and left with a fractured face. Protesters on the Indian Ocean island of Reunion welcome cruise passengers by hurling abuse and rocks at them.

The coronavirus risks bringing out the worst in humanity.


now extrapolate that...
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March 15, 2020, 01:49:05 PM

Landed in Denmark. I am very disappointed that not only was I not thrown into solitary to serve my two weeks for the good of the nation, but I was not even asked any questions or advised to stay home or anything. I have been in asia since december for fucks sake. All they did was repeat a message about corona, don't hug and kiss etc. But people at least seem to take it seriously. They kept a good distance.

Taking the train home, there is a new rule that you have to reserve a seat. But, the seat reservation no longer costs anything to make up for it. This ensures that everyone has plenty of space. Also, like 90% of the usual train schedule was canceled.
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March 15, 2020, 01:59:36 PM

Local bottom forming, and support strengthening, resistance remaining constant.
Breakout very likely, imho. But also a very good opportunity to counter-trade and dump coins on us.
 Huh what's next  Huh



Getting rejected by the 200 Week MA and volume point of control on the hourly time-frame isn't promising imo, it was looking like a nice breakout for a moment there.



I also feel looking at smaller time-frames when the Weekly candle is about to close in 10 hours is somewhat redundant...
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March 15, 2020, 02:09:43 PM

Landed in Denmark. I am very disappointed that not only was I not thrown into solitary to serve my two weeks for the good of the nation, but I was not even asked any questions or advised to stay home or anything. I have been in asia since december for fucks sake. All they did was repeat a message about corona, don't hug and kiss etc. But people at least seem to take it seriously. They kept a good distance.

Taking the train home, there is a new rule that you have to reserve a seat. But, the seat reservation no longer costs anything to make up for it. This ensures that everyone has plenty of space. Also, like 90% of the usual train schedule was canceled.

America is not showing a great deal of diligence with their airport queues.

https://twitter.com/Danai_data/status/1239167060028129280

People are spending 6 hours or more jammed that close together coming back from Europe which I'm led to believe is bringing the 'foreign virus' over due to not being Winners.
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