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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 42 (38.5%)
No - 67 (61.5%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25490267 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.)
HI-TEC99
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March 15, 2020, 10:24:57 PM


Now that my short term bonds will yield zero (in US), where to invest fiat?


In toilet paper.
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jojo69
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1/21000000 , the only math you need to know


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March 15, 2020, 10:25:31 PM

100x long popcorn
Biodom
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March 15, 2020, 10:27:29 PM


Now that my short term bonds will yield zero (in US), where to invest fiat?


In toilet paper.

that's a 'short term' investment, lol (EDIT: depending on how much you buy, though]
bitserve
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March 15, 2020, 10:35:19 PM

Nice ride! Let's do it again!
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March 15, 2020, 10:39:42 PM
Merited by LFC_Bitcoin (2), JayJuanGee (1)

@APompilano
The Fed just announced historic actions of emergency rate cut to zero and $700 billion in quantitative easing.

If the Fed had to do THAT a few weeks into the crisis then obviously everyone's thinking "how much worse do they expect this situation to become".

All those money-printing bandaids won't help until the underlying reason is cured. I appreciate cheap dollars though, might come in handy for taking some cash out of the house before real estate prices collapse.
lightfoot
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I fix broken miners. And make holes in teeth :-)


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March 15, 2020, 10:43:32 PM

I was wondering why the screen light up in green few minutes ago.
Reducing reserve requirement to zero? Does it mean that bank can give unlimited loans when they have NO deposits?
That's a nice business to be in. Maybe I should re-fi my car loan or mortgage? They should give me 0%, right? /s
I was wondering that too. Technically it would mean infinite money, which is kinda cool.

But I'd wait till they are paying you at least 8% to take their shit money.
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March 15, 2020, 10:47:47 PM
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denial will take many forms ... down-playing the severity of the event in their own minds, like the MSM did for 6 weeks (to buy govvies time for stockpiling before their citizens), rage-quitting, pout-quitting, panic-buying, panic-selling, creating trivial distraction games (fiddling while rome burns), shouting(shooting) at messengers, la-la-la-blocking your ears, etc.

Make your peace with it, AS IT IS.
El duderino_
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Observing No-Coiners.


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March 15, 2020, 10:56:16 PM

A lockdown today, is keeping El_duderino away  Roll Eyes Grin

Very quick word, but it’s something else keeping me away atm   Tongue Kiss
jojo69
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1/21000000 , the only math you need to know


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March 15, 2020, 11:02:00 PM


what's good for the goose ...
d_eddie
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March 15, 2020, 11:05:07 PM

...is good for the banter.
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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March 15, 2020, 11:05:25 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.

No offense man but reading this makes it sound like you're upset that you sold all your coin and now you're bitter and looking for ways to justify your position. I totally understand why you did what you did (even if I don't agree) but the shitcoins have always been there as a distraction to serve to try to take $$$/BTC away from people. Just don't fall for those traps and you'll be fine

There weren't always that many shitcoins. That's a fact. Their numbers are increasing with everynew day, that's a fact too. These aren't lies. Check CMC's historical snapshots and see it yourself.

I might be upset, I might be not. That's just how I feel and see it right now.

Of course there weren't... that's cos more and more people are realising they can get money from others easily by making a coin. The trick is to not buy those shitcoins all marketed on false promises and lies. There's a reason BTC has been around 10+ years and is still totally dominant in every metric

People weren't supposed to elect Trump too. They did it anyway.  Not saying Hillary was better btw. They just didn't have a choice.

Helso is totally correct.  Just because flukes happen, we should not be living our lives and planning around that flukes are going to happen because then we are missing the planning around more likely scenarios. 

Of course there are ways to accomplish both.   Each of us plans around more likely scenarios, but we also prepare ourselves (in a kind of hedging way) for the more outrageous scenarios, therefore we are mostly going to be successful in our bets, while at the same time, not panicking when the outrageous happens because we have done a sufficient amount of hedging for such "way less likely" scenario(s).
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Still a manic miner


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March 15, 2020, 11:18:49 PM

and tbh I'd rather have pandemic posts in here than that stupid fucking Vegeta game ... that can fuck right off into it's own thread please, thank you.

I prefer the Vegeta game by far. At least its BTC related, and its about observing price (On topic)

The pandemic should be commented elsewhere... Toilet Paper Observer thread..
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March 15, 2020, 11:19:10 PM

denial will take many forms ... down-playing the severity of the event in their own minds, like the MSM did for 6 weeks (to buy govvies time for stockpiling before their citizens), rage-quitting, pout-quitting, panic-buying, panic-selling, creating trivial distraction games (fiddling while rome burns), shouting(shooting) at messengers, la-la-la-blocking your ears, etc.

Make your peace with it, AS IT IS.
Make peace with what?  I have nary idea.
Biodom
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March 15, 2020, 11:24:58 PM

I think money can be discussed here since it is potential future bitcoin  Roll Eyes.
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28K=Buy | Wallet=100% BTC


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March 15, 2020, 11:38:07 PM
Merited by jojo69 (1), dragonvslinux (1)


Source Twitter : @krugermacro

CME is not bitcoins friend  Undecided
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March 15, 2020, 11:54:11 PM

I absented myself from here for most of the last couple of years to go and spend time in the real world, so now have no idea what the Vegeta thing is all about. Could someone explain succinctly (apologies to those who are anti-Vegeta).
bones261
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March 15, 2020, 11:55:44 PM

I absented myself from here for most of the last couple of years to go and spend time in the real world, so now have no idea what the Vegeta thing is all about. Could someone explain succinctly (apologies to those who are anti-Vegeta).
HI-TEC99
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March 16, 2020, 12:10:29 AM
Last edit: March 19, 2020, 12:55:49 AM by HI-TEC99

I absented myself from here for most of the last couple of years to go and spend time in the real world, so now have no idea what the Vegeta thing is all about. Could someone explain succinctly (apologies to those who are anti-Vegeta).


As far as I understand it Vegeta is a Prince from a kids cartoon in which most of the characters are named after vegetables. Someone started posting a picture of him each time we hit a new ATH.

The long version is here.

https://en.wikipedia.org/wiki/It%27s_Over_9000!
jojo69
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1/21000000 , the only math you need to know


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March 16, 2020, 12:13:02 AM
Last edit: March 16, 2020, 12:31:20 AM by jojo69

it was big with millennials when they were kids, big internet thing

think "all your base are belong to us"

or maybe I'm dating myself, might have been late Xers
Biodom
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March 16, 2020, 12:34:59 AM

It would be interesting to see a new poll re btc price EOD tomorrow (say 11:59:59 pm Monday, Central european or London time)

1. Less than 3100
2. Between 3100 and 5000.
3. Between 5000 and 7000
4. Above 7000



That said, I think that SP500 futures have got to reverse by the market open and stock rally has to ensue (at some point tomorrow) since it is close to the last chance for a while.
EDIT: if weekly are counted by the day close today in central european time, then we did close marginally below 200wk average, which probably does not mean a lot.
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