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

[JayJuanGee]

anyone with 10BTC is a sat billionaire

I like this... I really like this

Not very easy to acquire 10 BTC these days, even though back in 2015 10BTC seemed like such a modest target.

Can you imagine?

10 BTC for around $2,500.... truely reachable for a lot of regular peeps... even if they would have had too spend the whole of 2015 stacking sats at $10 per week, they would have achieved (and perhaps exceeded) 10BTC by the end year.

Even though it may be a bit difficult to get 10BTC currently, the strategy for any beginner into BTC should still be something similar to what it was in 2015, and maybe $5 per week or maybe if you can afford it, $100 to $200 per week could work also, and maybe it could take a few years to get to 10BTC.. perhaps?   And, maybe some people will not be able to reach 10BTC, even if they started aggressively today.

Part of the issue should also be to continue to recommend NOT to overdo the investment plan.  Figure out an amount that works, and just start to accumulate, even if it only is $5 per week.  Also, lump summing can be o.k. too.. if you have some savings already then maybe you lump sum in with a decent amount and then supplement that lump sum amount with a DCA plan that is subsequently reasonable and just keeps stacking the sats, even if 10BTC might be difficult to achieve, getting to 1BTC might well end up being sufficient in 5, 10 or 20 years, so in stead of being a sat billionaire, you only reach sat 100million status.. just do whatever you can without over extending yourself..   You will thank hairy, later.   

[JayJuanGee]

Just popped in to tell you that I'm slowly getting my sense of smell back, never lost taste, but everything tasted bland and insipid.
Had a big mac today and it tasted good (don't worry, I used the drive through).

Did you get COVID-19?

Maybe you mentioned it, but I missed it, too busy with stuff IRL...

Yes I did, never got tested but I have all the symptoms.
No you didn't miss anything, I haven't said anything about it until now.
Fever, headache, loss of smell, tired as a bear in winter, and cough, witch I from now on will spell koff, bikårs aj kant be bodered to think in English spelling rajt nau.

Going back to bed, take care guys.

Edit: Got it from my brother and/or his wife, he's about five or six days ahead of me, and he said yesterday that he was feeling pretty good, but he's not in a risk group, so fingers crossed. His wife on the other hand, is in bed with a high fever.

Weren't you one of those Covid deniers?

Would be nice if you could get tested.

There still seems to be a lot of denial in a lot of places, including the fact that there is a lot of failure and refusal to conduct tests and seemingly even to obscure information regarding what is going on with this because there are a lot of desires for a lot of people to continue to work even if they are putting themselves at risk because the economy and the supply chains are continuing to take a beating...

Still seems to me that the whole situation would be better dealt with in terms of continued push for testing, even if testing is going to cost a lot in terms of getting the test together and also following the logic of quarantining the folks who end up turning up positive until the virus runs its course, hopefully avoiding hospitalization.. that would be great, but not always possible to avoid hospitalization, either because there is a decent amount of variance in regards to how individuals react differently.

Get some rest, and of course, this message is meant for the public, not just in response to you specifically, even though I understand that people might have some changes in their perspective if they actually go through Covid themselves and/or if they have people close to them who are going through covid, having permanent damage or even dying from it... no shortage in deaths, even though some people want to down play the death component, too... as if it were no BIG deal.. and of course, it might be no big deal until people around you start collapsing.

Wishing you all the best, and hope the virus clears away soon, if it hasn't already.

We cannot know if the virus has cleared away until tests are done and the death rate starts to drop.

As far as I can see the death rate seems to be going up (and even if the death rate is flat, it does not take very many cases, to cause multiplier effects that might not be felt until later down the road), so the information on deaths and who is infected and who is still contagious is not exactly clear, still, so still seems that we are in early days of still making many more cases of infection and deaths..and we don't even know if herd immunity is going to work once we might start reaching levels in which herd immunity might become quasi-feasible.

I doubt that any of this desire for information is fearmongering, but instead, trying to deal with reality rather than just framing the matter as everything is going to be fine... which could take a few years to work out.. and hopefully many of us will be able to live through it.. not sure about that yet, because still early days. 

Of course, a lot of places are trying to open up, but how can anyone consider all of that playing out very well if tests are still not very widely available and there continues to be a lot of secretes about the information including governments that should have obligations to gather, compile and to make information available and NOT to be obscuring information or mischaracterizing what is actually going on.

[AlcoHoDL]

anyone with 10BTC is a sat billionaire

I like this... I really like this

Not very easy to acquire 10 BTC these days, even though back in 2015 10BTC seemed like such a modest target.

Can you imagine?

10 BTC for around $2,500.... truely reachable for a lot of regular peeps... even if they would have had too spend the whole of 2015 stacking sats at $10 per week, they would have achieved (and perhaps exceeded) 10BTC by the end year.

Even though it may be a bit difficult to get 10BTC currently, the strategy for any beginner into BTC should still be something similar to what it was in 2015, and maybe $5 per week or maybe if you can afford it, $100 to $200 per week could work also, and maybe it could take a few years to get to 10BTC.. perhaps?   And, maybe some people will not be able to reach 10BTC, even if they started aggressively today.

Part of the issue should also be to continue to recommend NOT to overdo the investment plan.  Figure out an amount that works, and just start to accumulate, even if it only is $5 per week.  Also, lump summing can be o.k. too.. if you have some savings already then maybe you lump sum in with a decent amount and then supplement that lump sum amount with a DCA plan that is subsequently reasonable and just keeps stacking the sats, even if 10BTC might be difficult to achieve, getting to 1BTC might well end up being sufficient in 5, 10 or 20 years, so in stead of being a sat billionaire, you only reach sat 100million status.. just do whatever you can without over extending yourself..   You will thank hairy, later.   

+1. Added to sMerit queue.

[El duderino_]

[El duderino_]

The dude eating star food dinner

Some have had some pic’s .... 2nd starter is being served ... 3th on the way etc

[LFC_Bitcoin]

The price action feels like May 10th when it dropped 1400$

What will be will be, short term price swings don’t interest me. I’m only focused on mid to long term price direction & that’s up.

[Last of the V8s]

Oh it's his tie. I couldn't think for a moment

[Toxic2040]

the noon wall report at 1:09pm

Technical indicators continue to wane and consolidation seems again to be the order of the day. #dyor

rooster closes mouth
4h


long shadows just before dawn
D

#stronghands

[HairyMaclairy]

I can’t post a decent screenshot from my phone, but the mem pool looks to be quietly building in the background.

https://jochen-hoenicke.de/queue/#0,3m

[Biodom]

I can’t post a decent screenshot from my phone, but the mem pool looks to be quietly building in the background.

https://jochen-hoenicke.de/queue/#0,3m

Right...$3-4 for a fast tx (200sat/byte). Recently, it was much less, but still OK (not great).
Not good for multiple input tx or buying something cheap sans LN, that's for sure.
A temporary situation, I hope. That said, I am earning off of that  
One of the recent blocks had 26% of the block reward in fees (on the top of 6.25 BTC)

[JayJuanGee]

I can’t post a decent screenshot from my phone, but the mem pool looks to be quietly building in the background.

https://jochen-hoenicke.de/queue/#0,3m

Organic growth, spam attack, or some processing deficiencies?

There have been some arguments, recently, for some kind of preference for the growth of a fee driven model, and this could be part of a movement in that direction (that seems to be preferred by some peeps).

Makes it more difficult to consolidate a bunch of small utxos, but how much (nearly free) consolidatings do people need to be doing?

[marcus_of_augustus]

Just popped in to tell you that I'm slowly getting my sense of smell back, never lost taste, but everything tasted bland and insipid.
Had a big mac today and it tasted good (don't worry, I used the drive through).

Watch carefully, some of the severe cases are when the patient appears to be recovering and then relapses quite suddenly (within 12-24 hrs).

The return of appetite and heavy sleep are really good signs you maybe past the worst though. Keep fluid intake well up, need to flush the debris from the infection out.

Also here's a recent medical treatment schedule that might be helpful but you're well advanced so maybe better for others in their early days. Basically vit. C zinc and vit. D3 and quercetin if you can get hold of it (all should be non-perscription). Curcumin is probably useful too as it has blood thinning and anti-inflammatory effects.
https://www.evms.edu/media/evms_public/departments/internal_medicine/EVMS_Critical_Care_COVID-19_Protocol.pdf

Here's another but meds are likely prescription-only and likely hospitalised cases.
https://covid19criticalcare.com/wp-content/uploads/2020/04/MATHTreatmentProtocol.pdf

[HairyMaclairy]

Hash power is falling somewhat so I expect it is a function of slightly slower blocks. 

Which is good as slower block speed further reduces supply, supporting price. 

[JL0]

Masterluc aka Pentarudi newest Update

Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.

[Wekkel]

Hardly a divergence.

At this point, TA doesn’t tell much. It could rocket up any time.

[Hueristic]

Masterluc aka Pentarudi newest Update

Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.

Hahaha, ask Mindrust how listening to MasterLuc has worked out. 

[AlcoHoDL]

When it comes to Bitcoin, that's the best (and only) TA you'll ever need.

https://bitcoin.org/bitcoin.pdf

[heslo]

Masterluc aka Pentarudi newest Update

Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.

Hahaha, ask Mindrust how listening to MasterLuc has worked out. 

Haha rough! Valid, but rough

[hv_]

When it comes to Bitcoin, that's the best (and only) TA you'll ever need.

https://bitcoin.org/bitcoin.pdf

Nice reference!

Like that doc, it's the best of the century imo


Speculation/ TA falls just apart next to it

[El duderino_]

Masterluc aka Pentarudi newest Update

Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.

Hahaha, ask Mindrust how listening to MasterLuc has worked out. 

Well deserved last merits..... !!!!!!