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

[JimboToronto]

Good morning Bitcoinland.

Still $7.5k-ish... currently $7490USD/$10530CAD (Bitcoinaverage)'

No de-bart yet.  Go Bitcoin go.

In 1999, the American Society for Analytical Chemistry certified that chlorine dioxide to be the most effective bacterial killer in human history.
MMS is a 28% solution of sodium chlorite (NaClO2) in water and if you add acid you end up with chlorine dioxide (ClO2) gas.
Apparently a fair few people have swallowed MMS over the years. As the old saying goes  "The dose makes the poison!"
All president Trump is doing is to get peer reviewed science in action and away from fake news.

You mean "holy water"?

https://arstechnica.com/tech-policy/2020/04/church-of-bleach-ordered-to-stop-selling-bleach-as-covid-19-cure/

Don't forget to pass the collection plate.

[fillippone]

@PlanB lands a very interesting one:

Thank you Patrick for sharing this DM, it's a great example  of miner capitulation/deathspiral FUD
- 2012&2016 halving data shows that difficulty will NOT adjust downward, but will keep rising post halving
- Miners have ALREADY invested in new hw and are prepared for -50% revenue

An interesting response to this in my DMs, shared with permission but without attribution.

On why halvening is in fact bearish:

https://twitter.com/100trillionUSD/status/1253673202095710209?s=20


This reminds me a  post of mine:

<...>

Let me just elaborate a little bit more on this idea for explaining the dump.

So the idea is the following:

• Difficulty is increasing steadily over the last adjustments according to https://btc.com/stats/diff. Hash rate has already grown more than 20% YtD.
• Next expected difficulty adjustment is still expected upwards. It is too early to call for a reliable estimante , but according to https://diff.cryptothis.com/ will be between+0.5% and + 7.50%
• Bitmain has just introduced the S19 and S19 PRO miners, which are going to destroy the s9 miners.
• Halving is exactly two months time (according to https://www.bitcoinblockhalf.com/). This will put a lot of pressure on less efficient miners, pushing their mining profitability below the survivor ship minimum threshold.
• Market is thin and nervous around critical supports, a whale selling could trigger lower levels to profit from
• As brillantly pointed out by @plutosky in the italian board, the move didn't start from the bad fincancial world. True, BTC derivatives experienced record volumes during the past hours, but Open interest actually declined. This is a strong hint that the volumes were caused by longs being stopped out. Of course it could also meaning shorts taking profits, but in the end this means derivatives didn't originate the move, as they are now with reduced positions.
  
  As you can see volumes were steady before the movement:
  
  
  
  Suddenly there were a lot of liquidations:
  
  
  
  That led to a reduced open interest:
  
  
  

So yes, this is a reasonable explanation in my opinion, why miners could have been actually selling this market.
I doubt however they had the firing power, or the interest, to start this movement.

[VB1001]

https://imgur.com/lqmTPPB

#StrongHats

$7,435

[Swordsoffreedom]

[machasm]

Shit is getting real in my personal surroundings. An acquaintance of mine (visited hem 10 times over the years) has died. My Gf works in a home for the elderly, two people have died there, one has recovered, one co-worker was tested positive. My GF got tested yesterday because of a cold, results tomorrow.

Same here, lost a personal friend already a while back, but we are up to 4 now friends and family DEAD in the UK here between me and my partner.

People are saying the media is just scaremongering?


Well let me say I wasn't scared by the media but I am by my empirical experience.


Some of these deaths are not the weakling old and sick they are strong healthy people. Shit is fucked up.



Often its just as well this is a forum. I feel like punching some people straight in the face.

Sorry to hear that Globbo.
I am a UK resident too and in my mid 50s so being quite cautious when I go out for my daily walk. Trying to maintain some distance between people where I can.

[xhomerx10]

I guess everyone has watched this by now. Its hilarious: How to doctor "Suppose you put light inside the body, either through skin or some other way "
Gotta admit that Donald Trump is impossible to handle for the left. He says things that are so ridiculous that you cannot argue with it.

He sounds like Dr. Evil, just spitballing ideas for world domination with No. 2.

  Fuck Donald Trump but don't discount ideas just because they ooze from between his lips.  Please.  We might miss something life-altering.
This article is from 2003 - I haven't researched it further because I have to prepare for work tonight but I would imagine there has been some progress on it in 17 years.

 https://www.nature.com/articles/news030616-22

 "...Tested on bovine blood, UV light increased the fraction of oxygen-containing haemoglobin from 83 per cent to 92 per cent. The effects lasted for more than five hours..."


 

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $7,503

[julian071]

First off, very sorry to hear that Globb0....

Well, my GF got tested and turns out she has Corona. Like in that famous song, if I remember correctly: https://www.youtube.com/watch?v=3GhoWZ5qTwI

Luckily for now the symptoms are only a cold and fatigue.

Since she has Corona, I've been thoroughly exposed. No symptoms for me up till now. If things go south I can always inject myself with disinfectant or sit outside with my mouth open to let the light in, so I'm not worried.

[jojo69]

I find your lack of faith disturbing.

trying to fucking capitulate here

also, having increasing trouble finding any good in anything

[vapourminer]

First off, very sorry to hear that Globb0....

Well, my GF got tested and turns out she has Corona. Like in that famous song, if I remember correctly: https://www.youtube.com/watch?v=3GhoWZ5qTwI

Luckily for now the symptoms are only a cold and fatigue.

Since she has Corona, I've been thoroughly exposed. No symptoms for me up till now. If things go south I can always inject myself with disinfectant or sit outside with my mouth open to let the light in, so I'm not worried.

oh man that sucks. i hope that doesnt come across as flippant. a lot must be going though your heads at this point.

best to both of you. please keep us updated if you feel like it.

[Raja_MBZ]

Oil’s Been More Volatile Than Bitcoin for Nearly 2 Months, Data Shows

https://www.coindesk.com/oil-volatile-bitcoin-march-april-data

[xhomerx10]

Oil’s Been More Volatile Than Bitcoin for Nearly 2 Months, Data Shows

https://www.coindesk.com/oil-volatile-bitcoin-march-april-data

 Everything has been more volatile than Bitcoin for the last 2 months; myself included.

[VB1001]

First off, very sorry to hear that Globb0....

Well, my GF got tested and turns out she has Corona. Like in that famous song, if I remember correctly: https://www.youtube.com/watch?v=3GhoWZ5qTwI

Luckily for now the symptoms are only a cold and fatigue.

Since she has Corona, I've been thoroughly exposed. No symptoms for me up till now. If things go south I can always inject myself with disinfectant or sit outside with my mouth open to let the light in, so I'm not worried.

Take care of yourselves, I hope you will be well in a few days.

[marcus_of_augustus]

 Fuck Donald Trump but don't discount ideas just because they ooze from between his lips.  Please.  We might miss something life-altering.
This article is from 2003 - I haven't researched it further because I have to prepare for work tonight but I would imagine there has been some progress on it in 17 years.

 https://www.nature.com/articles/news030616-22

 "...Tested on bovine blood, UV light increased the fraction of oxygen-containing haemoglobin from 83 per cent to 92 per cent. The effects lasted for more than five hours..."

.... so strap a UV light to a dialysis machine and we're all good?


Oh yeah .... Covid19 attacks the blood .... confirmed.  (clotting and other coagulant anomalies in 30% of severe cases leading to downstream effects, heart, lungs, brain, kidney complications)

[jojo69]

[JayJuanGee]

Some nice price action going on, hopefully we can keep these gains this time. Wonder how mindrust is doing? Has he been on lately?

1) He is likely still waiting for the dip - that is never going to be good enough...

while he is

2) DCA-ing with $50 per week - or something like that... which is likely to lead him back to some kind of FOMO-ing behavior somewhere down the road...

while he is

3) theorizing that Bill gates did all of this to us  - can't really say that this behavior is anyhow related to fear selling of BTC...

while he is

4) ... likely kicking himself about this whole situation.... .. and trying to figure out a way to balance it in his own thinking while a lot of us are using him as an example of what not to do.... (even though most of us probably don't mean our razzing to be vindictive, while we also cannot find any easy way out of such a pickle - absent some kind of miracle... or maybe if he get's hit in the head, he will snap back to reality... not wishing anything badly upon anyone...)

[JayJuanGee]

On the other hand, it could be a good project for any newbie with a lot of time on his/her hands to read around 100-150 pages per day, and then either summarize such content or provide a "best of" or take away message from those readings on about a daily basis.... Such a person would end up increasing the post count of this thread, likely become quite popular in these here parts and also cause other members to go back and read old posts. Such a project would likely take at least 9 months (long enough for a baby) to complete.

wait.

fucking HOMEWORK???    to get RICH??

no. just no. shortcuts only.. and make me rich now.

lol lulz lmao reading hahahahahahahahaha

EDIT: im too busy watching my hero King Trump, MD rewrite the laws of physics anyway

I would not suggest such a project for someone who is regular here, but instead it might be good for someone who is just coming here and wants to get a niche.. and at the same time learn about some of the historical progression of our conversation in this thread.. didn't we just pass our 7th year.... Quite a bit of topics (including some dumb ones) have passed through these here parts.

[Ibian]

fuck the dammed economy

it was pretty much a piece of shit anyway

Except that people still need to eat. That's the most important function of the economy. Food and water clean enough to drink. Even medicine and the latest smartphone are very distant secondaries.

The lockdown has already caused damage that will take years if not decades to recover from. Wait much longer, and food production and distribution will become affected. Potentially hundreds of millions of people could die from this.

We have to get back to work. There is no real choice anymore.

[BitcoinGirl.Club]

First off, very sorry to hear that Globb0....

Well, my GF got tested and turns out she has Corona. Like in that famous song, if I remember correctly: https://www.youtube.com/watch?v=3GhoWZ5qTwI

Luckily for now the symptoms are only a cold and fatigue.

Since she has Corona, I've been thoroughly exposed. No symptoms for me up till now. If things go south I can always inject myself with disinfectant or sit outside with my mouth open to let the light in, so I'm not worried.

Take good care of yourself and your girlfriend too. I hope you both get well soon.

[xhomerx10]

 Fuck Donald Trump but don't discount ideas just because they ooze from between his lips.  Please.  We might miss something life-altering.
This article is from 2003 - I haven't researched it further because I have to prepare for work tonight but I would imagine there has been some progress on it in 17 years.

 https://www.nature.com/articles/news030616-22

 "...Tested on bovine blood, UV light increased the fraction of oxygen-containing haemoglobin from 83 per cent to 92 per cent. The effects lasted for more than five hours..."

.... so strap a UV light to a dialysis machine and we're all good?


Oh yeah .... Covid19 attacks the blood .... confirmed.  (clotting and other coagulant anomalies in 30% of severe cases leading to downstream effects, heart, lungs, brain, kidney complications)

  You're over-thinking it marcus.  The skin of the perineum is thin enough - dialysis machines not required.