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

[vapourminer]

CSW invented Covid19 to hasten the redistribution of wealth from the boomers to the millennials. What a pillock.

did he patent covid19 1st though?

so he can sue each of us who gets covid19 without his permission.

he patented all the coronaviri in 1973 when he was designing AIDS/HIV for mossad
your country now owes him a xillion dollars.

no worries we are building more brrrr machines. big ones. the biggest. huge. i know these machines they are the finest.

[1714033468]

1714033468

[Hueristic]

Good morning Bitcoinland.

Still having trouble getting back up over $7k... currently $6943USD/$9636CAD (Bitcoinaverage).

Only a month until the halving though. By then, maybe the Covid-19 infection curve will be flattening and optimism will be returning.

Time will tell. Use your head.  Stay safe.

I hate anti-smoking Nazis. If you want to smoke, smoke. If you don't want to smoke, don't smoke. If you own a bar or restaurant, you should be free to allow smoking or not. The public should be free to choose whether they want to patronize smoking or non-smoking establishments.

Spoken like a true musician.

Indeed. Also like a true libertarian.

It's true that bars (especially live music bars), and by extension musicians, have been hurt by anti-smoking laws. People used to go out to bars to drink, smoke, listen to live music, meet people, dance, and have a good time. It's not such a good time if they have to interrupt their fun to put on their coats and go stand out in the rain or snow to have a smoke.

After a while people realize that it's cheaper and a lot less hassle to simple stay at home with maybe a few friends, not risk DUI charges, and enjoy drinking and smoking without interruptions from the nanny state, even if it means being forced to listen to canned (recorded) instead of fresh (live) music.

Before long, bars are closing, musicians and servers are out of work and people are socializing less. Is it any wonder that actual social contact is being replaced by bullshit anti-social networking on the internet? Instead of exercising on the dance floor, people are growing obese sitting at home.

Some people have an obedience fetish. They hate choice and free will. In their idea of a perfect world, everything is either obligatory or forbidden. Nothing pleases them more than telling others what to do or being told what to do.

Fuck them.

Bravo, Well said.

[JimboToronto]

CSW invented Covid19 to hasten the redistribution of wealth from the boomers to the millennials gen-xers. What a pillock.

ftfy



  

Edit:

Oops. Almost forgot the millennial (in Mom's basement, waiting for Uber Eats).

[jojo69]

what do you guys think?  a little more sideways before the pump?

[strawbs]

When reporting COVID-19 deaths, I've recently been noticing that our media here nearly always state that he/she/they died with coronavirus, or their death was linked to coronavirus. They hardly ever state that they died from coronavirus.

Something fishy going on  

[Indymoney]

When reporting COVID-19 deaths, I've recently been noticing that our media here nearly always state that he/she/they died with coronavirus, or their death was linked to coronavirus. They hardly ever state that they died from coronavirus.

Something fishy going on  

About this Corona we have many fishy things from media because they are involve in this all and doing hype for big guns.

[LFC_Bitcoin]

what do you guys think?  a little more sideways before the pump?

Sideways & maybe up to 8000’s as we get nearer.

I am pretty drunk RN though & I wouldn’t wannA try to go the moon in that ^^

[OutOfMemory]

Good day, bros  
I managed to buy a little corn after the mini-dip yesterday.
If the price goes sideways for some additional months, i'd likely reach my target BTC amount within this year.
Every satoshi beyond this amount will be dedicated to my own wealth then.
Wish me luck, even those that would like to see the king mooning asap.

[bitebits]

When reporting COVID-19 deaths, I've recently been noticing that our media here nearly always state that he/she/they died with coronavirus, or their death was linked to coronavirus. They hardly ever state that they died from coronavirus.

Something fishy going on 

https://forge.medium.com/prepare-for-the-ultimate-gaslighting-6a8ce3f0a0e0

[Lambie Slayer]

Im dozens of pages behind. Are doom callers still attempting to trick newbs with fake models and mortality rates?

Are people still pretending to quiver with fear, hoping you will sell cheap so they can cover their underwater shorts??  



https://www.thegatewaypundit.com/2020/04/stunning-new-study-finds-28-million-americans-likely-infected-coronavirus-puts-us-mortality-rate-0-1-just-like-seasonal-flu/

https://www.breitbart.com/politics/2020/04/13/study-coronavirus-fatality-rate-lower-than-expected-close-to-flus-0-1/

"The Economist article cited a new study by Justin Silverman and Alex Washburne that used data on influenza-like illness (ili) to show that the coronavirus (SARS-COV-2) is now widespread in America.

Silverman and Washburne found that the coronavirus mortality rate could be as low as 0.1 percent, “similar to that of flu.”

The Economist further explained:

COVID-19 takes 20-25 days to kill victims. The [Silverman and Washburne] paper reckons that 7m Americans were infected from March 8th to 14th, and official data show 7,000 deaths three weeks later. The resulting fatality rate is 0.1%, similar to that of flu. That is amazingly low, just a tenth of some other estimates."

27 days till the halvening and all is well.

[bkbirge]

Founder of Bitcoin Suisse saying that Bitcoin will Follow Ethereum and move to Proof of Stake.

https://cointelegraph.com/news/bitcoin-will-follow-ethereum-and-move-to-proof-of-stake-says-bitcoin-suisse-founder

Is this a Joke ?

They are reporting on a quote from Oct 2019, where the guy also thinks Ethereum is going to POS in a 'few months'. ETH is still not there 6 months later. I wouldn't worry too much about anything in that article happening, *especially* BTC going to POS.

[hv_]

Founder of Bitcoin Suisse saying that Bitcoin will Follow Ethereum and move to Proof of Stake.

https://cointelegraph.com/news/bitcoin-will-follow-ethereum-and-move-to-proof-of-stake-says-bitcoin-suisse-founder

Is this a Joke ?

They are reporting on a quote from Oct 2019, where the guy also thinks Ethereum is going to POS in a 'few months'. ETH is still not there 6 months later. I wouldn't worry too much about anything in that article happening, *especially* BTC going to POS.

Stakeholders earning dividends due to a defined amount they bought the right for = securities. What will regulators, SEC say?

[bkbirge]

When reporting COVID-19 deaths, I've recently been noticing that our media here nearly always state that he/she/they died with coronavirus, or their death was linked to coronavirus. They hardly ever state that they died from coronavirus.

Something fishy going on 

https://forge.medium.com/prepare-for-the-ultimate-gaslighting-6a8ce3f0a0e0

Out of merits but you deserve one for sharing that article. Very good and we can already see the gaslighting before the crisis is even over. I will say though that the first part the author gets the definition of gaslighting wrong, it's not "manipulation into doubting your own sanity" it's "manipulation into doubting your own reality" as in when people lie to your face about the facts of something you happen to know intimately. Small hair to split I guess for an otherwise good essay that more people should read.

[OutOfMemory]

When reporting COVID-19 deaths, I've recently been noticing that our media here nearly always state that he/she/they died with coronavirus, or their death was linked to coronavirus. They hardly ever state that they died from coronavirus.

Something fishy going on  

https://forge.medium.com/prepare-for-the-ultimate-gaslighting-6a8ce3f0a0e0

True. And obviously, i mean.
This is the way myself and my wife are experiencing the semi-shutdown.
It's a challenge, and a chance. The longer it lasts, the more likely more people will wake up, just to resist when the government presents the bill for the brrrrr later on.
In the meanwhile, i enjoy the silence of nature, in absence of airplane noises. Fuck this fake economy, all together. Only a global wipeout would have been a real disaster, just to compare, and many are still whining off because they can't go out dining or drive that senseless economy in some other way. They made us get addicted to consuming. Now it's withdrawal time, and everybody coming off cold turkey and finally getting clean is a winner.

Out of merits but you deserve one for sharing that article. Very good and we can already see the gaslighting before the crisis is even over. I will say though that the first part the author gets the definition of gaslighting wrong, it's not "manipulation into doubting your own sanity" it's "manipulation into doubting your own reality" as in when people lie to your face about the facts of something you happen to know intimately. Small hair to split I guess for an otherwise good essay that more people should read.

I got two merits some minutes ago, so i'll help out with that 

[JayJuanGee]

Enough with this chop. We need a good pump and not a fake bullshit one.

Yeah, I expect 8000-9000 as we get to the halving, even with COVID19 stunting our growth. Anybody think we’ll see a significant pump before the halving?

Yes, waiting for this.

Sorry, I am not waiting for anything (since I am not planning to sell either way).
The last couple of months taught me that anticipation is currently futile.
I cannot make sense of our economic situation and would not even try.
I am pleased that a small % of my fiat portfolio "risky" assets clawed back to within a small % of the peak, but I have no idea why it happened (apart from brrr).
I don't think that rational economic actors would thrive in this situation. It must be some 3D chess that i don't know how to play.
If i cannot rationalize something, I can't play, hence hodling pretty much everything.
Just one example of irrationality:
https://finance.yahoo.com/news/the-mystery-behind-the-feds-refusal-to-suspend-bank-dividends-131547657.html

I agree with you, Biodom, regarding the considerable degree of uncertainty that exists in the whole system including your implication that you do not have a lot of confidence regarding how the money printer go bbbbrrrrr is going to play out in terms of various asset classes.

Nonetheless, your decision to HODL your various positions and not to reallocate remains a kind of decision too, in terms of trying to figure out the extent to which you might need to change some of your strategy and/or allocations.

You do not seem to be a spring chicken or a newbie investor, so I am presuming that you have some variety in your allocations, and yeah, maybe you go back and forth regarding if you should add or subtract an asset or to increase decrease another asset, but in the end, many of us are in a similar position, but surely some peeps are moving their assets around more because they are assigning higher probabilities to one direction or another in one asset or another.

Personally, I remain somewhat comfortable with just continuing to ride out my previous allocations and my previous ways of dealing with uncertainties, even though the level of uncertainties seem greater than previously, but in regards to continuing to have a little bit of an overallocation in bitcoin, it does not really seem to be a bad ongoing strategy... and I consider myself to be a wee bit overallocated in bitcoin, and for "reasons."  Does not mean that I am adding to my BTC position because even prior to the corona virus crash, or whatever we want to call it, I had felt overallocated in bitcoin then, too.

[BayAreaCoins]

Some of my friends have received their free magic money from the Government... I'm hoping mine is in by Friday.

Surely we see Bitcoin pump a little this and next week!

[JayJuanGee]

Enough with this chop. We need a good pump and not a fake bullshit one.

Yeah, I expect 8000-9000 as we get to the halving, even with COVID19 stunting our growth. Anybody think we’ll see a significant pump before the halving?

12-14k not a satoshi less. I predicted new ATH before/at the halving but coronavirus dump was something I didn't quite expect..   

I was thinking $12k-ish before corona...

but now, I am thinking that even here is a fair price at halvening...

In other words, there is no reason that we have to have any pump before, near or after halvening.. and in fact, there are decent odds that bearwhale manipulators are going to dump the fuck out of these times around the halvening in order to strive to manipulate BTC HODLers into believing that either the stock to flow model is broken or that it needs to be shifted in the downwards direction.

A question remains about whether the bearwhales are going to be successful in their efforts to either shake confidence in the stock to flow model or to even break it.  Time to tell, and I believe that the bearwhales are ultimately going to lose the battle, but that seemingly likely (or inevitable) loss does not mean that they are not going to put forth a valiant and maybe even sustainable effort to get some HODLers to part with their coins, even while it is not in the interest of HODLers to actually part with their coins.

Don't get me wrong.  I am not even saying that we have to have down before up.  All I am attempting to suggest is that short-term UP is not inevitable, even if there happens to be this little pumpening phenomenon known as halvening... fuck the halvening, in the short term, even though we know that the halvening is a very solid event in terms of ongoing upwards price pressures.. that are likely to win the day, even though unlimited printing of bbbbbrrrrrr can be thrown at it to attempt to cause such halvening to NOT have short term positive consequences.  Also, don't get me wrong.. I am sticking with my model and I am not selling shit in the downward or flat direction, and yeah, I don't want it to go down, but I have money to buy at least down to quite low prices, if it comes to it (which I don't assign as likely, but still possible)...

[BayAreaCoins]

but now, I am thinking that even here is a fair price at halvening...

BTC will be over $10k when she halves. (my bet anyways)

[SeaBits]

but now, I am thinking that even here is a fair price at halvening...

BTC will be over $10k when she halves. (my bet anyways)

I hope so!

[LFC_Bitcoin]

@TheMoonCarl
The search volume for "Bitcoin Halving" just reached a new all time high. So, it's higher than the high of the previous halving in 2016!

This is bullish!

It's time for lift off 🚀

https://twitter.com/themooncarl/status/1250013923840905216?s=21