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

[NeuroticFish]

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.

There are always some exceptions. I'm happy to see we are in that subset now (of course, the amount of BTC matters, but one can always dream).

The healthiest response imho is to give (drugs)

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.

I had a good laugh on this.
Yes, it would have been more bearable. Some could argue that this money is needed badly for food by some, but I am sure that most have spent it on various crap (including overpriced toilet paper), but indeed, some distraction may have been a good idea.

The italians are also very dirty people with a large elderly population. Half of them don't wash their hands after using the can and they hug and kiss instead of shaking hands. Of course they have a high death rate.

Just saw some stats on excess death rate compared to previous years. Some countries have 50% more, denmark a mere 5%, most some place inbetween. Cultural practices matter at least as much as the virus itself.

Indeed, they have somewhat bigger percentage of elderly people.
The dirty part is arguable. Hug & kiss? They are warmer - the Latins are warmer than the Nordics - that's not about dirt actually.
They are less disciplined and love life (and outdoors) more than others and this may be the difference from Denmark too.
But all in all your gathered data is not as correct and complete as it should be for a correct conclusion, so let me not agree with you.

[Ibian]

The italians are also very dirty people with a large elderly population. Half of them don't wash their hands after using the can and they hug and kiss instead of shaking hands. Of course they have a high death rate.

Just saw some stats on excess death rate compared to previous years. Some countries have 50% more, denmark a mere 5%, most some place inbetween. Cultural practices matter at least as much as the virus itself.

Indeed, they have somewhat bigger percentage of elderly people.
The dirty part is arguable. Hug & kiss? They are warmer - the Latins are warmer than the Nordics - that's not about dirt actually.
They are less disciplined and love life (and outdoors) more than others and this may be the difference from Denmark too.
But all in all your gathered data is not as correct and complete as it should be for a correct conclusion, so let me not agree with you.

Frame it however you want. They have more disease vectors either way.

[bitbollo]

The italians are also very dirty people with a large elderly population. Half of them don't wash their hands after using the can and they hug and kiss instead of shaking hands. Of course they have a high death rate.

Italians (Archive Image)

[Ibian]

By the way, we all know that vegetas power level is way above 9000 right?

[fillippone]

The italians are also very dirty people with a large elderly population. Half of them don't wash their hands after using the can and they hug and kiss instead of shaking hands. Of course they have a high death rate.

Italians (Archive Image)

@fillippone (left) @bitbollo (center) @babo (right)

I cannot understand, for the life of me, how this guy can type on such a teeny-weeny keyboard! Must be into S&M...

When esthetic reigns over proper design and functionality, you have abominable design like that one.

[LFC_Bitcoin]

Vegeta game completed & paid.

Congrats rdbase.

Maybe I’ll do something bigger & better at a much higher price.

https://blockchair.com/bitcoin/transaction/4cc11982b71e5264f4053e23c6b85b23d850eb6bb5a7286a0bfc61b712aff682

[virasog]

By the way, we all know that vegetas power level is way above 9000 right?

Yes, bitcoin did make a big jump in last 24 hours.

[AlcoHoDL]

By the way, we all know that vegetas power level is way above 9000 right?

Yes, bitcoin did make a big jump in last 24 hours.

Don't bury it yet... It will jump again.

It ain't dead baby, it ain't dead...

[Ibian]

By the way, we all know that vegetas power level is way above 9000 right?

Yes, bitcoin did make a big jump in last 24 hours.

No I mean it was Goku that had a power level over 9000. Vegeta was at least 3 times stronger at the time. 9k should be called a Kakarot.

[rdbase]

By the way, we all know that vegetas power level is way above 9000 right?

Ultra instinct at $100k.



AYH after AYH... 350DMA still looking upside. They tried hard @ $7k to reverse the bullish momentum but failed.

Missing old mindtrust who hodl til the day they died.
Hope their account wasnt hacked and they are able to recover it soon.

Made 250 bucks in 2 days wow this shit is on fire! to the moon!   All in now?

Man you sound like you have bipolar lol

Some conflicting posts in the past month since they sold low.

[JL0]

Last Update from Masterluc:

Daily SMA 200 revisited and broken up with healthy long green daily candle. I am now waiting upper trend line (@10000) to be broken to return midterm absolutely bullish bias. 

Unless that I keep in mind "Bearish outcome" related idea because of last very painful dip. 

[rdbase]

By the way, we all know that vegetas power level is way above 9000 right?

Yes, bitcoin did make a big jump in last 24 hours.

No I mean it was Goku that had a power level over 9000. Vegeta was at least 3 times stronger at the time. 9k should be called a Kakarot.

Respect to vegeta and may his power level rise us out of this dead cat bounce!

[jojo69]

BTC is going to make news in the morning!

oddly, not a peep, not even on ZeroHedge...

[JayJuanGee]

... brace yourselves for disappointment, it's a set-up before the major down leg that is coming in stocks then probably bitcoin also when the vicious 2nd wave of the virus is unleashed. They are setting everyone up for maximum despondency and despair so you are begging for the vaccine. It's all a big mindfuck game and bitcoin is part of the play too.

You honestly thinking that? Not sure.....

You're wrong, buddy. Again.

What you see is not an ordinary boom-bust cycle. It is not an ordinary wave going back and forth on the shore. It is a giant tsunami wave on the horizon. The hyperinflation tsunami will be upon us this year just after US elections. And this time the biggest bubble is the unit you use to measure the bubbles. The Dollar itself is the biggest bubble! This is why in the next couple of months if there is any deflationary pressure it will be very modest.

The virus hysteria is a circus set up to justify money printing and dilute responsibility!

... I hope I'm wrong but watching you young guys get all excited is giving me a bad feeling I've seen this movie before ... gold market in '96, asia crisis in '98, Sept. 11 and GFC 2007/08, euro crises 2011. These bastards are not going to go without a major shitfight and you've got to be prepared mentally for that.

Bitcoin is going to fuck up their shit bigly so they will use every shitty trick in the book to break your spirit. They are insane in how much they are prepared to lie, steal and fuck up our nations and the planet to stay in power ... including spreading a global virus even ...?

... again, I hope I'm wrong and bitcoin blows their corrupt game back into hell where it came from but don't expect it to happen easily.

I'm hearing the second wave shitstorm is getting ready to be unleashed so the timing of the bitcoin rally is highly suspect and looks a little contrived. Hope for the best, prepare for the rest. Go bitcoin.

Fuck off craptotourist, gubmint cabal cunt agents like you are the rats bitcoin was made to poison.

There should be little doubts that the powers that be are going attempt to throw what they can at bitcoin in order to either undermine it, cause the stock to flow model to appear that it is broken or to actually break it  (or at least shift it on its axis to some degree); however, there remains a pretty decently sized question regarding how successful they can be in actually undermining bitcoin.  It's kind of hard for them to unify against bitcoin in a kind of regulatory manner because I doubt that a world government is going to form to either fight against bitcoin.  The virus is not exactly uniting the world, but instead causing competition and blame of west versus east.  Doesn't help any kind of speculation of a unifying for battle against bitcoin scenario.

Sure it would not be an impossible task to undermine bitcoin by throwing money at it, but in the end, an ability to claim your bitcoin causes less liquidity, and some of those guys might well get fucked more BIGGLY than they would like if they are playing with bitcoins that they do not have... hell of a lot easier to demand the delivery of bitcoin than it is to even get the delivery of oil or gold.

[JayJuanGee]

... brace yourselves for disappointment, it's a set-up before the major down leg that is coming in stocks then probably bitcoin also when the vicious 2nd wave of the virus is unleashed. They are setting everyone up for maximum despondency and despair so you are begging for the vaccine. It's all a big mindfuck game and bitcoin is part of the play too.

Ka-ching ka-ching, Judas_of_Jerusalem.

LOL. Cryptotourist, how much did this clown lose shorting with his low IQ, high estrogen extrapolations of mass death and doom.

Wonder which one of those big green dildos today liquidated him.  

Stop being such a retarded diptwat.  Even if you disagree with Marcus regarding the virus or the impact of the virus on the economy or upon bitcoin, you don't have any evidence, beyond speculation, that Marcus is engaging in BTC shorting behaviors.. or even playing with margin or leverage.

Just the AIDSflu bro

... just run out and catch AIDS, said no-one ever. Blood-clots, strokes, heart attacks, immune system fucked ... this thing is just getting started and they want you all to catch it. The second wave will be the deadliest, Antibody Dependent Enhancement cytokine storms (google it) have been designed in to this bioweapon so it might be v. messy.

For the record: I've never had a bitcoin trading account, never shorted bitcoin. Mined some in 2010-11, wrote an outline how-to build first GPU homebuilt miner bought a few in 2011, committed code to bitcoin-core and other crypto open source projects, on bitcointalk for 9 years, named the 'satoshi', invested in some bitcoin start-ups, minding my own business mostly. You do the credibility math.

Of course, marcus summed it up much MOAR better than me, and just his time on the forum shows way more credibility than newbies devolving into baseless personal attacks that likely clutter way more information than they inform or contribute.

[Ibian]

The only way to undermine bitcoin is with a massive, global, coordinated smear campaign. Politics is all about being disagreeable and uncooperative. We are at no risk at all.

[Wekkel]

The Cat has been out of the Bag since a long time ago.
This won’t be stopped, only delayed (if they try).

Meanwhile, it seems to be sideways now for a little while. And who knows how Bitcoin USD price reacts should the stock market take a 2nd dive 

[JimboToronto]

Good morning Bitcoinland.

What a ride... up by almost 2 grand, followed by a correction/profit-taking of about about a grand, and leveling out in the $88xx range... currently $8857USD/$12301CAD (Bitcoinaverage).

Looks like the $7xxx range is done for good and the battle for Vegeta has just begun.

Go Bitcoin go.

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

Did you?

Lol i made a few trades and lost! I traded and ended up buying back in higher pretty much 2/3 times and gave up!

we call that daytarding

One good thing about tarders is that they're the rubes who keep the exchanges profitable.

Without the online exchanges it would be difficult to assign a fiat value to Bitcoin to use for OTC exchanges and international Bitcoin transfers. Remember when the only dollar value was 10k coins for a $25 pair of Papa Johns? It was Mtgox who actually established a dollar value for each bitcoin.

While I was never a daytarder, I was a sucker who helped line P.T. Barnum's Mark Karpeles' pockets, eventually to the tune of 50btc. If it wasn't for marks like me we wouldn't have accurate Bitcoin/fiat indexes (like the one I quote in my morning greetings) that allow us to buy and sell bitcoins off-exchange at accurate market prices.

[JayJuanGee]

Well, people laugh at bulls, but they are always prepared.

$9,237

The coffee is very good this morning.

This bull is starting to get nervous.  $1,600 in 24 hours is feeling like a bit much, and maybe there is an end of the month thing going on?

I am not complaining or changing anything that I usually do in terms of incrementalism, but still a bit nervous about such a quick (one day) 21.6% price appreciation, while at the same time, appreciating some bears getting reckt.

8K. today we will have battle

I also wasn't expecting this sudden upward move, I think it would be safer to consolidate 8K a few days, but Badger has these things.

Badger seems to do whatever he wants, and I suppose can see how far the down will go, and perhaps some consolidation or just purely resuming a bit more UP.  Either way, I personally appreciate putting an additional bit of cushion between current price and our most recent $3,850 local bottom.. and preferably, even if there is another liquidating event or even strong downturn in the macro environment (such as traditional equities), our little friend has some chances to not have to revisit sub $4k, perhaps?  Perhaps?

We kind of have to just see how some of these matters play out, and really there is no reason to NOT continue to believe that a decent percentage of value can still continue to gravitate into BTC in spite of many of the broader market uncertainties that seem to relate to both the ongoing questions regarding virus treatment(s)/testing and also getting the economy restarted in an atmosphere of such ongoing uncertainties around such virus issues.

[Wekkel]

I just noticed that BTCUSD is one of the preprogrammed tickets in the Standard iPhone 11 stocks app. We’re getting there