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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367679 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
kurious
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February 08, 2020, 10:24:15 PM
Merited by bones261 (1)


And Welcome Back bones261!

Just to let everyone know. I am doing great. Sorry to worry some people. I'm just for all intensive purposes a nocoiner now. I'll try to check in more often. We shall see.

Nice to see you Bones - do stick around, you have been missed.   
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February 08, 2020, 10:54:45 PM
Merited by bones261 (1)

Bones! Long time no see. Good to know you're fine. Now on to resume your hodler status...
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BTC or BUST


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February 08, 2020, 11:01:19 PM

bones261
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February 08, 2020, 11:15:38 PM
Merited by Raja_MBZ (1)

Good know that you're doing great. But mate, don't just become a nocoiner; start building up your crypto portfolio once again. You can do that by even just joining a signature campaign. At least begin building with a single brick! Who knows, you might get a nice dump to buy back too.

The problem with signature campaigns around here is most are gambling related. Chipmixer is good, but impossible to get into.When I sported Livecoin, it was found out they where a total scum exchange. Too much temptation for me lurking around the gambling board, which most of the casino  sig campaigns require. Bovada helped me get closer to becoming a nocoiner. I just hope Calvin didn't use my BTC to help bolster BSV bullshit or something. I'll look at what's available, a little latter.
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February 08, 2020, 11:39:54 PM
Merited by bones261 (2)

~snip~

I'll look at what's available, a little latter.

Well, find the available options before it gets too late.

P.S. Do keep hanging around here; I don't wanna see one of my merit fans go away! Cheesy

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February 09, 2020, 12:22:15 AM

Ninety nine problems but BTC ain't one

Lambie Slayer
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February 09, 2020, 12:31:55 AM
Merited by Wexlike (1)

Just looking at this from a strictly numbers view, putting all emotions aside about death and doom, etc.

Coronavirus mostly kills older people. Older people mostly don't own Bitcoin and have little interest to buy it compared to younger people. When they die they leave money and assets to younger people. Younger people use money and sell assets to buy Bitcoin. Moon.

Coronavirus spreading is extremely good for Bitcoin. No sane person is rooting for mass deaths of the elderly but if there is a chance it happens, its prudent to examine the outcomes. Bitcoin doesn't need Coronavirus to moon but it will speed up the process if it starts to infect the globe.

We are not in a minibubble like in the summer. This is not a drill, this is not a test, its happening. The pumps are real, the growth is organic, dips will be bought, bears will be crushed, nocoiner organs will be harvested.

Ive purchased 6 more coins today with the last spare filthy fiat I had at my disposal. I am a nofiater now.

TLDR

IM ALL IN


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February 09, 2020, 12:40:31 AM


Coronavirus spreading is extremely good for Bitcoin.

I expected a pump off it too but I was underwhelmed..

It caused some thoughts in me such as...
Would Chinese people sell their BTC to prep/hoard for the coming hard time?
Would the Chinese gov possibly dump on BTC to help hold up their markets?
Could the CNY going down drag BTC down with it? Devaluing BTC until CNY markets came up to equilibrium?
What effect could a big problem in China have on Bitcoin mining? Hardware availability and possible Chinese mining farms shut down?
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February 09, 2020, 12:57:20 AM

100 coin wall @ 9950 pulled

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February 09, 2020, 12:59:43 AM

Could the CNY going down drag BTC down with it? Devaluing BTC until CNY markets came up to equilibrium?

A failure of the CCP would likely send Bitcoin into the stratosphere
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February 09, 2020, 01:01:24 AM


Coronavirus spreading is extremely good for Bitcoin.

I expected a pump off it too but I was underwhelmed..

It caused some thoughts in me such as...
Would Chinese people sell their BTC to prep/hoard for the coming hard time?
Would the Chinese gov possibly dump on BTC to help hold up their markets?
Could the CNY going down drag BTC down with it? Devaluing BTC until CNY markets came up to equilibrium?
What effect could a big problem in China have on Bitcoin mining? Hardware availability and possible Chinese mining farms shut down?

I can see how the Coronavirus Pump so far doesnt seem all that large. But when I look at it in context, I find it to be extremely impressive. I believe due to the huge downwards momentum of the mini bear market, we were headed back to Bargain Boyz Buy Zone one last time before the Coronavirus Black Swan started the pump.

Thoughts in response:

a. Hard times require hard money. Stocks are dumped while Bitcoin is hoarded.

b. What Bitcoin does Chinese gov have to dump? Why would shorting such a tiny market be a panacea for their markets which are many many times larger. If anything the CCP elites would see Bitcoin as a way to hide and transport ill gotten gains of their oppression as their world crumbles.

c. CNY devaluing has historically been awesome for Bitcoin so bring it on CCP

d. Miners problems are miners problems. Hodlers not worried.
BitcoinNewsMagazine
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February 09, 2020, 01:06:58 AM

I believe about 60% of bitcoin mining hash power is in China. Concerns that the epidemic is going to affect mining operations and delivery of new mining hardware as halving approaches?
HairyMaclairy
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February 09, 2020, 01:11:36 AM

I believe about 60% of bitcoin mining hash power is in China. Concerns that the epidemic is going to affect mining operations and delivery of new mining hardware as halving approaches?

Yes there could be disruption.  But most Chinese operations have diversified into offshore operations.  I don't consider it a big deal.
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February 09, 2020, 01:23:37 AM

Good to know thanks.
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February 09, 2020, 01:43:19 AM
Merited by vapourminer (1), yefi (1), AlcoHoDL (1), Arriemoller (1), HairyMaclairy (1), Cryptotourist (1)

The Super moon (also called Snow moon) happens tonight.  It should appear over 10% larger - look up tonight.
A Bitcoin moon/Super moon conjunction would be nice but this is fine   Wink



 So I dusted off my old Canon Powershot with 20X optical zoom and braved the cold in my pajamas to get a picture of the super moon.  I  had a brain fart regarding the timer so the camera shook a tiny bit of the 5s or so of exposure.

Go Bitcoin Go!





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February 09, 2020, 01:48:33 AM
Merited by Lambie Slayer (1)

Ive purchased 6 more coins today with the last spare filthy fiat I had at my disposal. I am a nofiater now.

TLDR

IM ALL IN


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Cheering while cutting onions!
marcus_of_augustus
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Eadem mutata resurgo


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February 09, 2020, 01:48:46 AM
Merited by vapourminer (1), xhomerx10 (1)

Link to Harvard prof in sewer? Sounds somewhat odd

... 'sewer' was an embellishment of my own, he was receiving at least US$50k per month (plus other generous bonuses) to set-up a lab in Wuhan identical to his Harvard lab ... and transferring students (and IP) back and forth. And not revealing the monies as required by US/Harvard grants procedures. Chair of Harvard's Chemistry department.

https://www.timeshighereducation.com/news/us-hails-success-lieber-arrest-chilling-china-ties#survey-answer
https://www.nytimes.com/2020/01/28/us/charles-lieber-harvard.html
google harvard scientist arrested

Perhaps pointing towards a virus of US/Canadian origin bio-engineered for vaccine research purposes or bioweapon and then sloppily handed to the Chinese labs who've let it get out.

I can imagine them not disposing of animals used for testing in Wuhan fastidiously. Some cleaner on cents per day fishes a bat, rat, rabbit, monkey, chicken, pig or pangolin carcass out of the dead lab animal bin at the Wuhan Institute of Virology and pedals off on his bike to sell it at the Hunan Seafood market in the wild animals section.


marcus_of_augustus
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February 09, 2020, 01:57:45 AM

... we can't trust the CCP virus numbers. Approx. 500 million chinese are living in something that is looking more and more like a P4 laboratory.

The numbers for rest of the world are following the doubling time given by epidemiologists in mid January, 6~7 days. However, still relatively small; 365 confirmed as at 08-02-2020.
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February 09, 2020, 01:58:02 AM
Merited by JayJuanGee (1)

The new gauge is cool ..

Quote
New gauge. This one shows how many days did close higher than the current price. When it comes to zero it means we have new ATH.

LIVE: https://digitalik.net/btc/dashboard/

@Bitcoin
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Source: https://twitter.com/digitalikNet/status/1226266459875291142
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February 09, 2020, 02:08:15 AM

10K stamp wall spotted
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