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

[jbreher]

Now, let me explain to all of you why the Swedish government is not closing down society and quarantining people/closing of areas.

This is a little known fact outside Sweden, and it rarely comes up in the debate.
Neither the Swedish government nor the Swedish parliament has the authority to do that.
The Swedish constitution guarantees all citizens the right to free movement in peacetime, no exceptions but one, people with a dangerous contagious disease can be forcefully quarantined according to the contagious disease act. But that only applies to specific individuals.

A hearty tip of the hat to the Swedes for adhering to their written law. Lord knows we Americans abandoned any such fidelity about a century ago.

And here’s to wishing you a full and speedy recovery.

GTFOH jbreher...

WTF are you spouting Jeegs? Firstly, I am speaking of the Supreme Law of the Land -- and the relation between the Swede's to theirs, and we to ours. I salute them for their adherence to written law, and I bemoan us for our clear abandonment of ours.

Those kinds of original intention argument frameworks are frequently used to perpetuate superficial and nonsensical generalizations, and nobody's got time for dat.

You know what nobody has time for? Trying to figure out what applicable law is, once the fundamental -- even Supreme -- Law of the Land has been ignored.

You wanna ignore the Constitution, just fuck right off. If (the collective) you had the balls to stand by your (collective) idiotic position, you'd invoke the Amendment process. Like the very one outlined for that very purpose within the Constitution itself.

[hv_]

If you are young and broke but not a complete moron, learn miniscript. Do it right now, be earning 150,000 next year.
then stack sats

https://jimmysong.substack.com/p/miniscript-and-its-importance-bitcoin
https://youtu.be/CKyNqV3Ioqo Block Digest #220 - Make Bitcoin Magic Again

There's another gem of an article from Gilles Cadignan buried at the bottom of that one, that reiterates why Bitcoin is the only crypto one needs:

https://medium.com/@gillesCadignan/the-other-bitcoin-standard-226e743687dd

True, it's never good idea to try to reinvent the wheel again,

So I stay with pure BitCoin, that can do all and even smart conracts better than eth or other shittokens just as it was designed, but true, you need to do real work to make that happen.

All altcoiners just have been out for the low hanging fruits


Now do all what the globe needs on BitCoin, compliant

[Biodom]

The FED announced that GDP will shrink with 30% in the US.

SPX the next day: opening upside with a gap  

It reminds me of the stock market the day that Hurricane Katrina (2005) landed: stocks shot up big time right in the face of calamity.

This ain't your daddy's stock market anymore. Not since a long time.

If Bitcoin acts 'correlated', let the $10k hurdle fall....  

I thought it is more like 40-42%, but who is counting?
We are in bizarro world anyway.
Watched the first episode of "Upload" yesterday.
Almost made me puke at some happenings, but the idea that we can adjust the world with something resembling a rheostat-pretty much a current folly.

[hodl_2015]

I've quit drinking beer for near a week now. Have shed close to 8 lbs since then.

Health first, weight second. It's not unhealthy to deduct weight at the same or even slower rate as it was added. I love tea and went from 5 cubes/cup to 0 sugar/cup, with green teas as in-between step. Keep trying new stuff when the tea gets boring. As long as it tastes ok you can throw in anything, there is no hard line between tea and soup. Recent favorite: ginger tea with a small pinch of ground black pepper. no need the filter the pepper, it mostly stays near the bottom of the pot or cup. fine sliced garlic works too, depending on level of social distancing...  I'm now working on missing minerals that where causing nerve and brain issues. It takes quite a bit for searching and trail and error to recognize the signs early and learn to pick the right food to fix it asap, but much more pleasant than just feeling grumpy until it sorts itself out. I now get totally wasted after a single 2% beer. (this is totally on-topic for witnessing many future halvings)

[JayJuanGee]

Now, let me explain to all of you why the Swedish government is not closing down society and quarantining people/closing of areas.

This is a little known fact outside Sweden, and it rarely comes up in the debate.
Neither the Swedish government nor the Swedish parliament has the authority to do that.
The Swedish constitution guarantees all citizens the right to free movement in peacetime, no exceptions but one, people with a dangerous contagious disease can be forcefully quarantined according to the contagious disease act. But that only applies to specific individuals.

A hearty tip of the hat to the Swedes for adhering to their written law. Lord knows we Americans abandoned any such fidelity about a century ago.

And here’s to wishing you a full and speedy recovery.

GTFOH jbreher...

WTF are you spouting Jeegs? Firstly, I am speaking of the Supreme Law of the Land -- and the relation between the Swede's to theirs, and we to ours. I salute them for their adherence to written law, and I bemoan us for our clear abandonment of ours.

Those kinds of original intention argument frameworks are frequently used to perpetuate superficial and nonsensical generalizations, and nobody's got time for dat.

You know what nobody has time for? Trying to figure out what applicable law is, once the fundamental -- even Supreme -- Law of the Land has been ignored.

There are all kinds of systems in place that are constantly trying to both figure out applicable law and even disputing about applicable law.


There are also all kinds of systems that try to avoid getting tangled in disputes because some value is given to going along and getting along, and leaving the battles to others.

Just because you might consider yourself in one category, you likely should appreciate that there are a variety of perspectives, and frequently individuals will change their perception of their situation or even their involvement in battles and whether they believe that they or their circumstances warrant their involvement.

You wanna ignore the Constitution, just fuck right off.

You are good at creating strawman arguments and then winning such arguments.

Congratulations on your Pyrrhic victory.

If (the collective) you had the balls to stand by your (collective) idiotic position, you'd invoke the Amendment process. Like the very one outlined for that very purpose within the Constitution itself.

Surely, you are passionate about this made-up meandering venture, and hopefully, you realize that there are all kinds of laws and disputes, and only a small fraction of them end up either raising constitutional questions or constitutional amendment questions, so go on, argue your abstract whole-cloth fabricated nonsense with ur lil selfie.      

 

[Ibian]

Negative interest has just been instituted in danish banks.

[hodl_2015]

Negative interest has just been instituted in danish banks.

What interest are we talking about here? they have been doing negative mortgages since august 2019:
https://www.theguardian.com/money/2019/aug/13/danish-bank-launches-worlds-first-negative-interest-rate-mortgage

[Tash]

A truly bizarre virus it hops from place to place.
If this continues, election want be necessary.





Tether supply running amok.

[Last of the V8s]

Yeah I can't muster a care either. They are pretty tiny.

[Cryptotourist]

Yeah, like the last "accidental" freeze on 12th March, when the shorter manipulators weren't allow to take profits.

More like a kill switch, followed right after the rekt button, but I'm pretty sure someone took profits.

The day Bitmex is closed will be the best day ever for Bitcoin.

True dat, but unfortunately for the time being, I feel that there will always be, a Bitmex type of exchange.

I don't want to "imagine."  Makes me feel disconnected.  

Wow JJJJJJJ.
I confirm your admission.

Great update btw.

[LFC_Bitcoin]

J.K. Rowling is starting to piss me off on Twitter now, begging for attention. Nobody cares if you don’t want to invest in bitcoin, we don’t need your worthless fiat to moon, silly old boomer cunt.

[gentlemand]

J.K. Rowling is starting to piss me off on Twitter now, begging for attention. Nobody cares if you don’t want to invest in bitcoin, we don’t need your worthless fiat to moon, silly old boomer cunt.

I know she never returned your Harry Potter lunch box, let alone signed it, but she's a busy woman. You're bigger than this.

[Ibian]

Negative interest has just been instituted in danish banks.

What interest are we talking about here? they have been doing negative mortgages since august 2019:
https://www.theguardian.com/money/2019/aug/13/danish-bank-launches-worlds-first-negative-interest-rate-mortgage

It didn't say how much the minus interest would be, just "negative". It applies to amounts over $36325 in the case of the bank my parents use (assuming they have a "nemkonto", a specific danish instrument that would be of no interest to elaborate on (and otherwise to any amount)).

[Biodom]

A truly bizarre virus it hops from place to place.
If this continues, election want be necessary.

This probably correlates with an average March-April temperature if anything else.
March is warm in TX (and in FL, AZ, etc) already and it is known that temp affects R naught negatively. LA might be an outlier from the trend.
Just a thought.

[Globb0]

J.K. Rowling is starting to piss me off on Twitter now, begging for attention. Nobody cares if you don’t want to invest in bitcoin, we don’t need your worthless fiat to moon, silly old boomer cunt.

I know she never returned your Harry Potter lunch box, let alone signed it, but she's a busy woman. You're bigger than this.

Well OK but he at least deserved his cheese and onion sandwich cut into the shape of a wizard back. And the photos of his man wand.

[HairyMaclairy]

Wingardium leviosa

[LFC_Bitcoin]

Wingardium leviosa

Lumos

[DaRude]

A truly bizarre virus it hops from place to place.
If this continues, election want be necessary.

This probably correlates with an average March-April temperature if anything else.
March is warm in TX (and in FL, AZ, etc) already and it is known that temp affects R naught negatively. LA might be an outlier from the trend.
Just a thought.

Show me population densities. Apples to oranges

[LUCKMCFLY]

ChartsBTC Update

[Daily value of new #bitcoin

Source: https://twitter.com/ChartsBtc/status/1262458711978565634

[Biodom]

A truly bizarre virus it hops from place to place.
If this continues, election want be necessary.

This probably correlates with an average March-April temperature if anything else.
March is warm in TX (and in FL, AZ, etc) already and it is known that temp affects R naught negatively. LA might be an outlier from the trend.
Just a thought.

Show me population densities. Apples to oranges

IL pop density 230 people per sq mile, 7433 cases/mil
FL pop density 334 people per sq mile, 2123 cases/mil
Therefore, population density does not seem to be a cause at least in this pairwise comparison.
Also, I would imagine that Los Angeles or San Fran has an exact same pop density to NYC with much less cases in Los Angeles and San Fran.

BTW, btc is not correlating with the stock market today, with stocks being silly again.