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

[BitcoinGirl.Club]

What up JJG! R0ach is well? I mean seriously, I have not seen him from long time in here.

[LFC_Bitcoin]

What up JJG! R0ach is well? I mean seriously, I have not seen him from long time in here.

Wouldn’t surprise me if r0ach is a paid shill or has a lot of bitcoin & his purpose here is to scare weak hands in to selling. He’s always more active during bearish times, if he is a paid shill then that’s when his peak impact on noobs & weak hands will be.

We’re at the start of a maybe 2 year bull run now so his work is done?

[JayJuanGee]

What up JJG! R0ach is well? I mean seriously, I have not seen him from long time in here.

Why do we give any shits about Roach?

Yeah, he has been gone from the thread for several months.

His absence does not seem to be a bad thing... Maybe his handlers ran out of money to keep paying him?

He hardly added any value to the thread, but there are still a few members here who are carrying his torch (and missing him), and believe some of the same nonsensical things that he did.

[rolling]

$1700 is now worth $1512 compared to 2012.

[bkbirge]

$1700 is now worth $1512 compared to 2012.

I don't really understand the ongoing war of opinion between gold and btc, seems a bit manufactured. They both have their places. The folks that buy gold are absolutely not fans of volatility. To them having a place to park value in the face of most everything else tanking worse is a better proposition than a risky investment with the same funds that might moon. It's fun to read the taunts thrown at Schiff, especially since he brings it on himself so often, but from an investor standpoint diversifying is always a good idea. Humanity's tribalistic tendencies don't seem like a good fit for a successful investor.

[rolling]

$1700 is now worth $1512 compared to 2012.

I don't really understand the ongoing war of opinion between gold and btc, seems a bit manufactured. They both have their places. The folks that buy gold are absolutely not fans of volatility. To them having a place to park value in the face of most everything else tanking worse is a better proposition than a risky investment with the same funds that might moon. It's fun to read the taunts thrown at Schiff, especially since he brings it on himself so often, but from an investor standpoint diversifying is always a good idea. Humanity's tribalistic tendencies don't seem like a good fit for a successful investor.

I actually like a lot of the things Peter says but he is costing people millions by telling them to sell their bitcoin or not invest in it at all.

There is nothing wrong with gold in your portfolio but there is something wrong with the gold bugs not recognizing the place bitcoin has in a portfolio.

[bkbirge]

For those that are still going on about flu/covid19 parity....
https://blogs.scientificamerican.com/observations/comparing-covid-19-deaths-to-flu-deaths-is-like-comparing-apples-to-oranges/

The question remains. Can we accurately compare the toll of the flu to the toll of the coronavirus pandemic?

To do this, we have to compare counted deaths to counted deaths, not counted deaths to wildly inflated statistical estimates. If we compare, for instance, the number of people who died in the United States from COVID-19 in the second full week of April to the number of people who died from influenza during the worst week of the past seven flu seasons (as reported to the CDC), we find that the novel coronavirus killed between 9.5 and 44 times more people than seasonal flu. In other words, the coronavirus is not anything like the flu: It is much, much worse.

[Phil_S]

Marcus is not even close to roach, and he is merely presenting information that differs from your own opinion about the virus and it's impact.

Surely, there is some incorrect information out there, and there is also some difference of opinion regarding which information is more important - therefore conclusions reached will be different based upon which evidence is given greater weight.

Not sure if you noticed, but marcus keeps mentioning super-scary "second wave of covid-19" like it's a proven thing that's coming to kill more and more.

When it's just a hypothesis with no scientific evidence to back it up.


In fact, there is some evidence for "no second wave" hypothesis:



Two months after the first peak: still nothing. No second peak.

[VB1001]

American Buyers Are Fueling Bitcoin’s Rally, Data Suggests

On U.S.-based exchanges, bitcoin has traded at sustained premiums during the end of March and through April. Spot premiums indicate that an exchange is experiencing stronger buy-side pressure relative to other spot markets, signaling higher demand.

https://www.coindesk.com/american-buyers-are-fueling-bitcoins-rally-data-suggests

[Phil_S]

American Buyers Are Fueling Bitcoin’s Rally, Data Suggests

^
I wouldn't be surprised. At least the computer industry in the US is still functioning, as I understand. So the workers get paid.

[Globb0]

Marcus is not even close to roach, and he is merely presenting information that differs from your own opinion about the virus and it's impact.

Surely, there is some incorrect information out there, and there is also some difference of opinion regarding which information is more important - therefore conclusions reached will be different based upon which evidence is given greater weight.

Not sure if you noticed, but marcus keeps mentioning super-scary "second wave of covid-19" like it's a proven thing that's coming to kill more and more.

When it's just a hypothesis with no scientific evidence to back it up.


In fact, there is some evidence for "no second wave" hypothesis:



Two months after the first peak: still nothing. No second peak.

EH?

but we haven't been let out.

That's why no second wave. Don't worry I fear you will get your second wave. Probably starting in USA at this rate with all the mentalists protesting and storming buildings.

[Bitcoinaire]

 

[psycodad]

I do not, I don't even know who Vegeta is (well, I understand that he is some kind of comic figure, but that's all I know). And I also do not know the thing with hashtag, seriously.

https://blog.hootsuite.com/social-media-glossary-definitions/

A hashtag is a word or phrase preceded by the '#' sign. Hashtags are used on social media to tag posts as part of a larger conversation (such as #HODL) or topic (such as #Bitcoin). Clicking a hashtag reveals the latest posts that include the tag. Hashtags are searchable, and serve a similar role to keywords.


hey Arrie..welcome to the internet

Seriously? hashtags are clickable? I had no idea. Thanks for the information.
And for your information, I was introduced to the internet in 2000 and there was no damn hashtags back then

To be honest, I was introduced to the internet in the late 80s and I still don't fully understand what a hashtag is supposed to mean. I guess it means actually keyword as explained by Toxic2040, but it strikes me as blatant abuse of the hash char for marketing purposes and to hide the fact that social media is totally unorganised and totally unsuitable for actual information retrieval.

It is said, that the hastag idea at Twitter originated from IRCs channel names.


[Edit]: Sorry, again late to the discussion and still catching up.

[Arriemoller]

The pictures I say of these brutes were scarier.

They seem like they are playing out their personal fantasy more than anything else.

Yes, but right now their personal fantasy and reality is one and the same, and that must be a great feeling for them.
They are going to pester their grandchildren with these stories forever,

[jojo69]

I fear that the easing may be the most dangerous period.  We know there are tons of asymptomatic people been cooped up the last month or better.

And people, being what they are, essentially retarded, are going to view the lifting of lockdown as some sort of "all clear" and behave predictably.

We will be staying the fuck in and watching to see how it goes.

[psycodad]

The pictures I say of these brutes were scarier.

They seem like they are playing out their personal fantasy more than anything else.

Yes, but right now their personal fantasy and reality is one and the same, and that must be a great feeling for them.
They are going to pester their grandchildren with these stories forever,

Please, tell me this is only a Rambo themed LARP gathering (I really have to ask, one never knows in Trumpistan)

[Edited to add]: Now if they would be singing Alabama 3's "Mao Tse-Tung said change must come, Change must come thru the barrel of a gun" - that would be a priceless moment to record.

[VB1001]

It's a blind de-escalation, they play everything to a card.

[Phil_S]

but we haven't been let out.

That's why no second wave.

Counter-point: they let people out in South Korea. Yet there is no second wave.

[JayJuanGee]

Marcus is not even close to roach, and he is merely presenting information that differs from your own opinion about the virus and it's impact.

Surely, there is some incorrect information out there, and there is also some difference of opinion regarding which information is more important - therefore conclusions reached will be different based upon which evidence is given greater weight.

Not sure if you noticed, but marcus keeps mentioning super-scary "second wave of covid-19" like it's a proven thing that's coming to kill more and more.

That is called speculating.

Any adult reader should be able to recognize that any of us need to come to our own conclusions regarding how much weight to give to any person on the interwebs including their evidence and logic for positions that they take.

I am not saying anything new to assert that this is a fucking bitcoin related thread, so many of us are not even assessing how much knowledge or background any many of us might have in terms of making various medical or epidemiological claims.

Notably people are interested in the virus topic, even if it is NOT specifically about bitcoin, but individual members are going to choose how much to read posts about the virus and how they might relate to either bitcoin or if they happen to be interested in that particular important current event.

When it's just a hypothesis with no scientific evidence to back it up.

Now, who is exaggerating?  People study these kinds of things, so yes there is science... but whether you believe the science is credible or adequately backed by facts and logic might be another question, but asserting that there is "NO" science is inaccurate.

In fact, there is some evidence for "no second wave" hypothesis:



Two months after the first peak: still nothing. No second peak.

There is rarely NO such thing as one science or absolute conclusions... Sure some sciences are harder and based on things like math, but even in the harder sciences, there can be some disagreements - maybe not about the results of 1+5, but sometimes more complicated ways of calculating can be controversial in terms of whether they yield accurate and absolute results to describe the asserted phenomenon.

In other areas of science, especially if they involve a lot of variables, including human behavior, then there are going to be a lot more areas for debate and even clearly stating the premises or the assumptions.

Therefore, more complicated theories might end up having more support on one side versus another and even sometimes the predominant theories end up getting proven to be wrong by more minor theories. .. so fair enough to proclaim that one version, speculation, theory might have more evidence and logic backing it up than some other version, speculation, theory, but sometimes with anything that is involving ongoing gathering of facts and even theories that might shed light on the facts, then the more prominent or convincing theories might evolve through time.  Furthermore, some aspects of human behavior can end up changing the results, but those changed facts would not necessarily mean that the earlier theories were wrong, even if they ended up playing out in a different way based on changed behaviors.

[nutildah]

Yes, but right now their personal fantasy and reality is one and the same, and that must be a great feeling for them.
They are going to pester their grandchildren with these stories forever,

LOL. Sad but true. It's like their Vietnam, except instead of fighting for the government, they're just drinking beers and waving their metal dicks around at the government.

"Grandkids, ever tell you about the time me and uncle Earl stormed the state capitol and won back our freedoms?"

"Yes paw-paw."

"Thank me for your freedoms, kids."

"Thanks paw-paw."