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

[Paashaas]

OT: So anyone wanna bet on how long until #MaxwellDidntKillHerself becomes the next meme?

https://www.zerohedge.com/political/ghislaine-maxwell-knows-everything-and-will-be-naming-names-former-epstein-associate-says

I don't know if this is fake news but what a coincidence...

Ghislaine Maxwell has tested positive for COVID-19 in New Hampshire jail, DOJ reports.

An official report from the United States Department of Justice indicates that socialite and alleged Jeffrey Epstein co-conspirator Ghislaine Maxwell has tested positive for novel coronavirus (COVID-19) in New Hampshire while awaiting extradition to New York.
“Once she was in custody and began to relax, officials noticed that she was displaying symptoms related to coronavirus including watery eyes, cough, and mucus. She stood to be tested regardless of symptoms while in custody, but her symptoms and the profile of this particular case caused local officials to speed up the testing practice,” a release from the US Department of Justice stated.

“It looks really bad,” one New Hampshire official told The Brown Valley Observer. “Her symptoms seem advanced at this point and ultimately she will probably end up requiring a ventilator, more likely sooner than later.”

[Hueristic]

OT: So anyone wanna bet on how long until #MaxwellDidntKillHerself becomes the next meme?

https://www.zerohedge.com/political/ghislaine-maxwell-knows-everything-and-will-be-naming-names-former-epstein-associate-says

I don't know if this is fake news but what a coincidence...

Ghislaine Maxwell has tested positive for COVID-19 in New Hampshire jail, DOJ reports.

An official report from the United States Department of Justice indicates that socialite and alleged Jeffrey Epstein co-conspirator Ghislaine Maxwell has tested positive for novel coronavirus (COVID-19) in New Hampshire while awaiting extradition to New York.
“Once she was in custody and began to relax, officials noticed that she was displaying symptoms related to coronavirus including watery eyes, cough, and mucus. She stood to be tested regardless of symptoms while in custody, but her symptoms and the profile of this particular case caused local officials to speed up the testing practice,” a release from the US Department of Justice stated.

“It looks really bad,” one New Hampshire official told The Brown Valley Observer. “Her symptoms seem advanced at this point and ultimately she will probably end up requiring a ventilator, more likely sooner than later.”

No, Ghislaine Maxwell Has Not Tested Positive for COVID-19 in Jail

https://www.snopes.com/fact-check/ghislaine-maxwell-covid-19/

[El duderino_]

Number go up.

Gogogo.... meanwhile,  lords of the boards playing in my car.... damn what a song

Pennywise next in line

[El duderino_]

Number go up.

Gogogo.... meanwhile,  lord of the boards playing in my car.... damn what a song

Pennywise next in line

Lol next song in line.... American idiot 

[JayJuanGee]

...Regarding leveraging.  I personally think that would be a really bad idea...

I thought if OP is already leveraging, so why not to try to do it as the definition says and use it to maximum   .


https://www.google.com/search?q=leveraging&oq=leveraging&aqs=chrome..69i57&sourceid=chrome&ie=UTF-8

I am joking right now of course   .

And now, seriously, I was curious how it would look like, but I also suppose that the overall profit would be badly affected because of it.

With anything, likely there are extreme, weak and moderate approaches, which likely would include the engagement in leveraging practices in bitcoin, too.

So, in that regard, the more extreme the leveraging practice then the more risk that is being added on, and accordingly, moderate versions of leveraging would involve less risk than high versions of leveraging.

I recommend against leveraging as a general principle, because both historically and probabilistically bitcoin has allowed such great asymmetrical opportunities for high pay offs, so regular people seem to have very great opportunities to get rich as fuck, without even adding such extra level of risks that come through leveraging.

leveraging is complicated too, unless you try to keep it really simple and just do it in small ways, if you do it, at all.

So, yeah, if you can figure out smart ways to engage in moderate or reasonable leverage and to improve your upside without causing too much extra downside risk, then I am not going to begrudge anyone for finding those kinds of potential ways to become even MOAR profitable in the way that guys (and gal) approach their bitcoin investment.

[Karartma1]

OT: So anyone wanna bet on how long until #MaxwellDidntKillHerself becomes the next meme?

https://www.zerohedge.com/political/ghislaine-maxwell-knows-everything-and-will-be-naming-names-former-epstein-associate-says

I don't know if this is fake news but what a coincidence...

Ghislaine Maxwell has tested positive for COVID-19 in New Hampshire jail, DOJ reports.

An official report from the United States Department of Justice indicates that socialite and alleged Jeffrey Epstein co-conspirator Ghislaine Maxwell has tested positive for novel coronavirus (COVID-19) in New Hampshire while awaiting extradition to New York.
“Once she was in custody and began to relax, officials noticed that she was displaying symptoms related to coronavirus including watery eyes, cough, and mucus. She stood to be tested regardless of symptoms while in custody, but her symptoms and the profile of this particular case caused local officials to speed up the testing practice,” a release from the US Department of Justice stated.

“It looks really bad,” one New Hampshire official told The Brown Valley Observer. “Her symptoms seem advanced at this point and ultimately she will probably end up requiring a ventilator, more likely sooner than later.”

This is going to end bad. It truly shows the huge fight between those perverts in power and the ones who fed up with this utter shit. Because that's what it is.

[Searing]

OT: So anyone wanna bet on how long until #MaxwellDidntKillHerself becomes the next meme?

https://www.zerohedge.com/political/ghislaine-maxwell-knows-everything-and-will-be-naming-names-former-epstein-associate-says

I don't know if this is fake news but what a coincidence...

Ghislaine Maxwell has tested positive for COVID-19 in New Hampshire jail, DOJ reports.

An official report from the United States Department of Justice indicates that socialite and alleged Jeffrey Epstein co-conspirator Ghislaine Maxwell has tested positive for novel coronavirus (COVID-19) in New Hampshire while awaiting extradition to New York.
“Once she was in custody and began to relax, officials noticed that she was displaying symptoms related to coronavirus including watery eyes, cough, and mucus. She stood to be tested regardless of symptoms while in custody, but her symptoms and the profile of this particular case caused local officials to speed up the testing practice,” a release from the US Department of Justice stated.

“It looks really bad,” one New Hampshire official told The Brown Valley Observer. “Her symptoms seem advanced at this point and ultimately she will probably end up requiring a ventilator, more likely sooner than later.”

The catch is ....naming names true or false is her only angle, unless she wants to spend the rest of her life in jail...just saying...has to be more to it than her word....or it is all moot.

[rdbase]

Funny little video about the DeFi scam which is taking the shitcoin world by storm.

https://twitter.com/excellion/status/1278807014840209408?s=21
"Hodl the door, hodl the door.. DeFi, DeFi!"

[psycodad]

Much floafloafloa* to be expected, so bullish:

White House Chief of Staff Mark Meadows was out with some comments in the last hour, saying that the US President Donald Trump stands ready to act to provide more stimulus. Trump plans orders on bringing manufacturing back and may sign an order on drug prices, Meadows added further.

The comments did little to influence the USD, which remained under some heavy selling pressure amid the prevalent risk-on environment.

* Whenever I refer to the brrrr meme at home, I am educated by the missus that these printers actually are going more like *floafloafloa* (and that the *brrrr* probably refers to bill counting machines). For the sake of domestic appeasement and the integrity of my personal sex life I'll therefor use the *floafloafloa* acoustic expression to symbolize excessive money printing.

[Lucius]

BTC🚀🌙

[Biodom]

For the moment there it looks like AMZN, AAPL, MSFT, GOOG, FB and TSLA will soon consume almost all $$ in existence toward their market caps.
Not sure how to feel about it, but it looks like a giant sucking sound toward some kind of financial black hole.
The process, apparently, has nothing to do with fundamentals, just a manifestation of endless liquidity.

How btc fits in there? Not sure yet, but at some point it might become one of these centers of financial "gravity".
In such case, $1tril might happen fast.

[lightfoot]

For the moment there it looks like AMZN, AAPL, MSFT, GOOG, FB and TSLA will soon consume almost all $$ in existence toward their market caps.
Not sure how to feel about it, but it look like a giant sucking sound toward some kind of financial black hole.
The process, apparently, has nothing to do with fundamentals, just a manifestation of endless liquidity.

How btc fit in there? Not sure yet, but at some point it might become one of these centers of financial "gravity".
In such case, $1tril might happen fast.

Bitcoin does not have an infinite supply, nor a printing press that goes brrrr on command. More of a gentle hum.

[psycodad]

For the moment there it looks like AMZN, AAPL, MSFT, GOOG, FB and TSLA will soon consume almost all $$ in existence toward their market caps.
Not sure how to feel about it, but it look like a giant sucking sound toward some kind of financial black hole.
The process, apparently, has nothing to do with fundamentals, just a manifestation of endless liquidity.

How btc fit in there? Not sure yet, but at some point it might become one of these centers of financial "gravity".
In such case, $1tril might happen fast.

Exactly my feelings.
And once the money printer goes slower or stops, just one whale decides it is about time to cash out his seizable positions and *puff* there goes the money into the bespoken black hole. Meanwhile unemployment is skyrocketing all over the world.

One could even argue these assets and BTC as well have not gained in value, it's the fiat that has lost (inflation). That said, I went to the big yellow M after months of lockdown, just to find out that the always same combo of trashcan food now costs ~30 bucks while before lockdown the exact same amount of non-toxic foodwaste was to be had for ~23.

I am sure 2020 will be a hell of a ride and the best is to come yet. But like you I can't really make up my mind what this means for our crypto moneys.

[Biodom]

For the moment there it looks like AMZN, AAPL, MSFT, GOOG, FB and TSLA will soon consume almost all $$ in existence toward their market caps.
Not sure how to feel about it, but it look like a giant sucking sound toward some kind of financial black hole.
The process, apparently, has nothing to do with fundamentals, just a manifestation of endless liquidity.

How btc fit in there? Not sure yet, but at some point it might become one of these centers of financial "gravity".
In such case, $1tril might happen fast.

Bitcoin does not have an infinite supply, nor a printing press that goes brrrr on command. More of a gentle hum.

The question is-why btc does not act as an 'attractor' yet? Those 6 stocks "consumed" a few trillions in the last 6 mo.
The situation might become positively bizarre going forward. Why 3K AMZN? Why not 5K or 10K?
When will it stop? A few more tril are probably forthcoming relatively soon.

EDIT: today's spurt in btc (and many others) is correlated with this?
https://www.bloomberg.com/news/articles/2020-07-06/china-imposes-checks-on-large-transactions-after-bank-runs

[El duderino_]

Bob? Number? My man.... my coin ....

[Toxic2040]

the morning wall report

Number observed going in the upwards direction...reasons?  Unknown.   There is some speculation about Chinese currency controls being the culprit however it could just be a technical recovery due to the long flat we just transitioned.   #dyor

Regardless, bitcoin has jumped up out of the channel we have been languishing in and is making a bullish move towards the upside.


antlers in the mist
1h


we all thought it was a iron..turns out it was a genies lamp
4h

#stronghands

[AlcoHoDL]

Last night I had a long chat with a really good friend of mine, who lives very far away from me (he's Chinese Malaysian). He told me that he has fallen in a kind of depressed state, because of unstable employment, financial difficulties, family and personal matters. He sounded very depressed actually, long pauses of silence, to the point of losing hope for the future, and we all know where that can lead to... Made me very sad...

Many years ago, my friend bought nearly 3 BTC for $1100, after I told him about it, and recommending him to buy as much as he could. He wired the money to me and I bought 2.7-something BTC for him, from the very same Bitcoin ATM that I bought my first BTC for $220. I helped him over the phone to install a wallet, and transferred the BTC to him. That was to be my very first long-distance transfer! We were both really excited at the time, talking for hours about the tech, the implications, the possibilities.

Why am I saying all this? Because last night, just before hanging up, I told my friend that those 3 BTC will save his life. And soon. He was a bit reluctant to believe me (lost hope, even in Bitcoin), but the phone call ended in a positive note, thanks to Bitcoin. I'm really looking forward to the time when he will be free from wage slavery and be able to enjoy his riches (because 3 BTC will be a major amount of wealth, especially in Malaysia, and anywhere really). Told him to check out his wallet, verify the seed, make sure it's all OK (coins still in his mobile phone, hasn't even claimed his BCH/BSV yet).

Probably a boring post, but I just felt like sharing it here...

[El duderino_]

Always share brother... new people can learn a lot from previous things that happened

Out of merit atm

Sorry

[Toxic2040]

Much floafloafloa* to be expected, so bullish:


* Whenever I refer to the brrrr meme at home, I am educated by the missus that these printers actually are going more like *floafloafloa* (and that the *brrrr* probably refers to bill counting machines). For the sake of domestic appeasement and the integrity of my personal sex life I'll therefor use the *floafloafloa* acoustic expression to symbolize excessive money printing.

I might go a different way.

Probably best if just before you reach the moment of consummation you jump up out of bed and and do a Maori Haka dance. Then while making ferocious eye contact and chanting 'floafloafloa' get back into bed and continue your ministrations in an aggressive manner.

I have tried this technique and found it to be effective. YMMV

[AlcoHoDL]

Always share brother... new people can learn a lot from previous things that happened

Out of merit atm

Sorry

Thanks man. He doesn't follow BitcoinTalk/WO. Will show him the post when we reach 6 digits. Let it be a small record of his story.