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

[bitcoinPsycho]

I love Wednesday's

[Ibian]

Over half of infected show no symptoms. They don't even know they have her inside them. Of those who do get symptoms, maybe a fifth will get sick enough to get tested. Those are the official numbers, so the actual number of infected is likely to be ten times as high.

From that group, maybe a fifth will get sick enough to need treatment. And of those, maybe a fifth die. So that gives us a 0.4% death rate overall. Let's assume I'm wildly off and call it 4%. Even then not bad enough to shut down the entire global economy, much less implement the kind of draconian measures that some here have personally experienced.

Is anything missing? Is the current state of the world anything other than an authoritarian power grab?

just curious. do you or anyone you know work in medical.

my wife and i did (not that that means we are super informed but we also know enough to not believe all the ridiculous crap circulating that the uneducated believe.

friends of ours in medical are scared. i mean scared. for themselves somewhat but mainly for their familys that they go home to and may possibly infect. and doctors and nurses do not scare easy (IMO at least the ones we know.. they will wade right into the thick of it. because thats what they do).

My mom is a nurse. So nothing special.

We have not had a proper plague in a hundred years and this thing is everywhere and impossible to avoid and we don't know if it will stick around and if so if reinfections are worse. Anyone who has looked into it should be scared.

But that doesn't matter. It is here and we can't make it go away if it doesn't do that on its own. The healthiest response is to accept that it's here and get on with life.

[Raja_MBZ]

Big chance we are going up hard here... soon.

FTFY

If you've ever read any of my posts you know I am not a BTC bear...  but markets do not make sense right now.  Which is an understatement.  I am hopeful, very hopeful that BTC starts to shine... right now.  But the markets are about to set new lows.  The draw on BTC is going to be pretty damn hard.

I really really hope I am wrong.  I mean... who knows.  Maybe the S&P closes up or even today? Lol.

Oh come on mate, I know very well that you're not a bear. I'm sorry if you took it that way. I'm just expressing what I feel right now: volatility/bullish. IMO, bitcoin still standing above $6000 after all this chaos is very bullish.

[julian071]

Golly!

[NeuroticFish]

The healthiest response is to accept that it's here and get on with life.

The healthiest response imho is to give (drugs) industry the time to find a cure, then indeed go on with life.
If we just go on, many more will die. The world is not made only by young and healthy.

[rdbase]

Is it time for goku to go against vegeta yet again?


Rose $550 in less than 24 hours. Was $7750 when I was observing last night.

[Last of the V8s]

https://twitter.com/DrEricDing/status/1255494766751612929?s=20

💊
REMDESIVIR works in double blinded randomized trial: it is “effective against #Covid19, the disease caused by the virus. Gilead made the announcement in a statement Wednesday, stating: “We understand that the trial has met its primary endpoint.”

https://www.statnews.com/2020/04/29/gilead-says-critical-study-of-covid-19-drug-shows-patients-are-responding-to-treatment/

no stats yet but fingers crossed

[LFC_Bitcoin]

The healthiest response is to accept that it's here and get on with life.

The healthiest response imho is to give (drugs) industry the time to find a cure, then indeed go on with life.
If we just go on, many more will die. The world is not made only by young and healthy.

If we keep these lockdowns until a vaccine is made (if a working one ever exists) it will send most people into poverty. Unemployment figures will go through the roof. Mental health problems are at an all time high.

It isn’t viable to keep the current restrictions in place for much longer, it’s killing the economy.

Cancer patients are having treatment cancelled, women/men who find a new lump can’t get to a doctor to assess it.
The current restrictions & the way the world is being managed atm is killing & will kill more people than COVID19 will.

At some stage there will be a trade off -

The elderly with underlying health conditions lives vs the economy & healthy persons life.
Something ridiculous like 0.1 - 0.3 % of healthy people who contract this under the age of 70 die from this, something has to give.

[JimboToronto]

Well good morning Bitcoinland.

I see we've solidly burst past $8k to $8.4k, had a nice little correction/profit-taking under $8.3k and are going up again... currently $8333USD/$11606CAD (Bitcoinaverage).

RIP Covid-market-crash dip.

Does this mean it's time to safely pull out the old CCMF (in both senses)?

https://www.youtube.com/watch?v=4--z677590k

[NeuroticFish]

If we keep these lockdowns until a vaccine is made (if a working one ever exists) it will send most people into poverty. Unemployment figures will go through the roof. Mental health problems are at an all time high.
It isn’t viable to keep the current restrictions in place for much longer, it’s killing the economy.

Italy had a late lockdown. The result was that the hospitals couldn't cope when the infected people started for real to come in and because of this some didn't have a chance.
I agree that this is killing the economy. Everybody's pocket will get affected by this sooner or later. It's bad time and I also hope we get soon to the point we can move on. But if we do it too fast we'll soon be back to square 1. That's the worse strategy.
Keep in mind that this disease expands exponentially if not contained. I don't want a huge death count be the fix for the high unemployment figures.

[El duderino_]

via Imgflip Meme Generator

[VB1001]

Prepair yourself for the almighty BTC bullrun.

Welcome back

[bitebits]

Gentlemen.

This is.

[El duderino_]

Gentlemen.

This is.

Carolina

[cAPSLOCK]

@Ridesmonster
If you don’t own bitcoin you’re a fucking loser. Period
https://twitter.com/ridesmonster/status/1254795965279551493?s=21

True?

I personally am tired of the rising popularity of the whole "Toxic Maximalist" persona.  Even though I agree with most of the ideals, and also believe some people have *earned* the right to sort of take that line.   (Giaccomo, or Tuur for example)

I actually responded to that jerk in his thread and he started talking to me like I was some dumb nocoiner.  It is vanishingly rare that I am tempted to send someone a screenshot of a wallet balance but the thought of making him realize the impotency of his "I am better than you because I have almost saved up an entire bitcoin" act was tempting.

But it is currently vogue on Twitter to just be an asshole and a good way to gain popularity/followers.

I personally respect Matt Odell's "Be humble, stack sats" philosophy/style much much more.
 
Ultimately Bitcoin doesn't give a shit.  In the end that is enough.

[JimboToronto]

I agree that this is killing the economy. Everybody's pocket will get affected by this sooner or later.

Everybody except Bitcoin holders. The rich actually get richer during economic down times.

The grandfather of one of my friends was a broke halfbreed riding the rods (hobo) early in the Great Depression. A distillery tycoon's daughter fell in love with him and married him. His father-in-law lent him half a million dollars interest-free and within half a year had paid him back in full and within a couple of years he was a multi-millionaire with a successful stock brokerage.

He bought up foreclosures and preyed on the over-leveraged because he had the capital.

In tough economic times, what capital could be better than Bitcoin?

[strawbs]

Is 7950 a good time to sell? And buy a rebound at about $7880?

Looking at 8350. Now can you see why we HODL?  

[Toxic2040]

Good morning Observers


The Bear camp at $8k has been smashed to rubble overnight. Bulls have pressed the attack to race past $8.4k before halting near the 0.382 long fib and are now consolidating at around $8.35k.
1h



Laddering up.  #dyor
D

#stronghands

[jojo69]

this would be a great time for a real breakout

.

[Toxic2040]

The healthiest response is to accept that it's here and get on with life.

The healthiest response imho is to give (drugs) industry the time to find a cure, then indeed go on with life.
If we just go on, many more will die. The world is not made only by young and healthy.

+1 WOsMerit

A long night and wishful thinking got me misreading what you wrote.   

Think things would have been much more bearable if the gubermint had sent out a bottle of Valium, half a dozen cases of beer and a ounce of chronic instead of stupid stimulus checks.

#bringbacklemon714's