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

[Biodom]

Meh

Looks like ~25k in May 

More like 15-16K if we are 100% following the graph, which we are not 

[fillippone]

One of the best video in a long time:

It seems that a bank license is a license to engage in money laundering. Is there a major US bank that has not been convicted of a felony?

Long #Bitcoin; short the banksters.

https://twitter.com/Bitcoin/status/1229499206676701184?s=20

Steve Mnuchin... I must have heard this name somewhere:

Steven Mnuchin, President-elect Trump's pick for treasury secretary, failed to disclose $95 million in real estate assets to the committee tasked with reviewing his nomination, according to reports about a Democratic committee staff memo.

Mnuchin, a former banker and investor who is estimated by Bloomberg to have a net worth of more than $600 million, left properties in New York City, Southampton, N.Y., Los Angeles and Mexico out of his ethics disclosure that was initially submitted to the committee, according to the Washington Post. Mnuchin explained those omissions as a mistake due to a misunderstanding of the disclosures, which he updated.

https://www.washingtonexaminer.com/mnuchin-failed-to-disclose-95-million-in-assets-democratic-memo-shows

[lightfoot]

You can't steal money with crypto. Small wonder the banksters hate it.

[Searing]

You can't steal money with crypto. Small wonder the banksters hate it.

Yep. Why I drank the kool-aid back in 2013 on BTC/Crypto, sometimes I forget the 'dire' Plan B endgame of BTC/Crypto that may happen someday.

Why I HODL somewhat, probably more than I should, while currently, just maintaining my traditional investments and staying out of debt.

A world without decentralized BTC/Crypto and Banks and Governments and such having their 'own' blockchain crypto and still charging the same fees etc

under the old system. Ack!

Indeed such a scenario would mean that they could move BTC like that one whale of $1 Billion Dollars for 26 dollars. Yet keep the whole fee

structure the same/control the whole blockchain network as centralized/print more crypto to manipulate prices?

Yep, back to Trillionaires in 10-15 years and Feudalism. It would not take long, IMHO.

My fear would be the worst of both worlds, a good 30 to 40% recession according to some pundits, as well as those same pundits saying that it would

not like in the past take 7 years to recover but 12 years on such a future recession, stuff being so F*cked up these days.

So a world where I buckle and sell and not HODL and decentralized BTC/Crypto dies and is taken over by the established money/elite/upper 1/2 of 1% in the world? I mean

crypto dies just to be usurped by centralized government banker coin?

Well, if that is the trend, well before such a 'dismal' BladeRunner future, I will become a 'minimalist' consolidate what I can and be

damn mobile and travel in the world or something.

Sitting in one place watching such a slide with house/stuff/traditional investments/crypto/recession or depression slide bit

by bit..I'll bail and go full 'walk-about' in the world with what I can coral for my own needs and rent/lease and frigging travel.

Folks/Young People 40 years or much more younger than myself could well have the right idea on how to fight such a world of even more ramped up consumerism for getting stuff's sake.

Hell, that is probably what I should do now, come to think of such. It would be nice to go back to a time where everything fit in my car and I just rented. It is not like in 15-20 years

due to age, I'm not gonna go down that path anyway. Such a complete cluster for the next 4 years as the last 4 years or so, and I'll probably pull the whole downsize lifestyle much

earlier.

So yeah, a person should have a 'go to hell' plan on how to wrap stuff up.

I'm 65 years old on March 24th, 2020 and in 15-20 years I'd have to do such downsizing anyway...but if things really go to sh*t I'll do it a hell of a lot earlier!

(Best to have a get out of Hell plan, lowest BTC you'll keep HODL and stubbornly die with if that's what it takes, and of course, traditional investments cashed out and such.)

In such a world a lot of people would go 'screw this' and minimalize their life, especially clutter, and especially if you are retired and over 66 years retirement age.

 Anyway, end of rant, but a likely plan, if things get worse.

(remember the days of 7 years ago, when everybody said things were gonna get better and working together was the plan)

 I miss them newbie 2013 days when I got into BTC. The world was a lot more 'shiny' then! Hell, the world went to hell when they took 'Firefly' off the air!

We all have some kinda 'line in the sand' these days. In a 'rough' not quite figured out how/why/what, something like the above, is a 'way' to keep sanity if things go even more to sh*t.

Now if it is all 'unicorns and rainbows/fairy dust/and bunny farts" I'll probably continue to HODL too much BTC/Crypto, keep my big house and all my important 'stuff' (ie junk)

and blithely go along on my usual conspicuous consumption of dubious stuff that every American does for a lifestyle choice, self-centered though it may be.

But there will be a point I may just 'snap' and dump the works well, well before my days of assisted living downsizing., in 15-20 years.

There is more to a "Plan B" than just BTC/Crypto! Sometimes I forget these revolutionary aspects of why I HODL and drank the kool-aid back in 2013 when I started in BTC/Crypto!

later

Brad

[Lambie Slayer]

https://twitter.com/PeterSchiff/status/1229397190805786624

"Alex Jones has capitulated. After 10 years of watching the #Bitcoin bubble inflate, at $10,000 per coin he thinks now's the time to urge his listeners to buy. This is how manias end. Greed overwhelms reason as people once too sensible to buy join the party just as it's ending."

  Peter is going to have it rough the next few years as we soar to 100k and beyond.

Anyone who thinks Alex Jones is one of the "people once too sensible" is safely worth putting on lifetime ignore.

Anyone with low reading comprehension skills who makes erroneous attributions is safely worth putting on lifetime ignore as well.

[vapourminer]

It would be nice to go back to a time where everything fit in my car and I just rented. It is not like in 15-20 years

ahhh sabbatical. for when the world just isnt really working.

a motorcycle and whatever fit on it worked for Neil Peart when he went to meet himself. so thats good enough for me.

all right, all right, so my bike will be in a modded trailer towed behind a Jeep. and the bike is almost more for when the jeep gets stuck rather than for doing side trips on trails.

[bkbirge]

https://twitter.com/PeterSchiff/status/1229397190805786624

"Alex Jones has capitulated. After 10 years of watching the #Bitcoin bubble inflate, at $10,000 per coin he thinks now's the time to urge his listeners to buy. This is how manias end. Greed overwhelms reason as people once too sensible to buy join the party just as it's ending."

  Peter is going to have it rough the next few years as we soar to 100k and beyond.

Anyone who thinks Alex Jones is one of the "people once too sensible" is safely worth putting on lifetime ignore.

Anyone with low reading comprehension skills who makes erroneous attributions is safely worth putting on lifetime ignore as well.

Wasn't talking about you, was talking about Peter Schiff. I think we are on the same page with him.

[HairyMaclairy]

Meh

Looks like ~25k in May 

More like 15-16K if we are 100% following the graph, which we are not 

No ATH in 2020. 

[Lambie Slayer]

https://twitter.com/PeterSchiff/status/1229397190805786624

"Alex Jones has capitulated. After 10 years of watching the #Bitcoin bubble inflate, at $10,000 per coin he thinks now's the time to urge his listeners to buy. This is how manias end. Greed overwhelms reason as people once too sensible to buy join the party just as it's ending."

  Peter is going to have it rough the next few years as we soar to 100k and beyond.

Anyone who thinks Alex Jones is one of the "people once too sensible" is safely worth putting on lifetime ignore.

Anyone with low reading comprehension skills who makes erroneous attributions is safely worth putting on lifetime ignore as well.

Wasn't talking about you, was talking about Peter Schiff. I think we are on the same page with him.

Ok, yes then we are on the same page about both of them. Pardon my suspicion.

[Paashaas]

- 73,335 cases and death toll rises to 1873. (x10 is more reasonable)

- iPhone supply shortages will  affect revenues worldwide.

- Argentine beef trade with China halted.

- 13 large poulty farms in Yulin have killed 6.3m baby chickens.

- China has approved the import of all poultry products from the United States.

- Three armed robbers stole over 600 rolls of toilet paper from a delivery man in Hong Kong. Hong Kong residents have been panic buying toilet paper during Coronavirus outbreak, causing a supply shortage in
   supermarkets.

- Israel will prevent foreigners from Singapore, Thailand, Hong Kong and Macau from entering amid coronavirus fears.

- More scientists believes virus orignated in Wuhan research facility.

- Head of Wuhan hospital dies of coronavirus.

- Russian Aeroflot reduces flights to China.

- 3,019 Chinese medical staff are infected with the virus.

- 99 new cases of Coronavirus have been confirmed on the quarantined DiamondPrincess cruise ship off Yokohama, Japan, bringing the total number onboard to 454.

- Japan delays Tokyo Marathon, raising concerns about the Olympics.

- 780m Chinese people recieved travel ban.

- China finally allows US experts inside but refusing to hand over evidence about Wuhan bioLab.

- All infected people in Wuhan being rounded up, crematoriums still running 24/7.

- The supply chain shock emanating from China to other Asia Pacific countries and Europe, could become a major headache for India.

 -Over 850 confirmed cases in Tibet with 5 deaths.

- The Coronavirus has frozen all of the internal supply lines. Eggs, meat, and vegetables are going bad even as the cities begin to run out of food because trade has been cut off to stop the spread of the virus.

- U.S. firms in China report staff shortages, say coronavirus hitting global operations.

- James Bond promotion tour in China cancelled. -No time to die-

- China rolling out health check app to track virus spread, every person will have his own QR-Code.

[goldkingcoiner]

something on your hat bro

looks yummy

Protein after all

Beaware Protein with corona virus  

I came from hospital 20 minutes ago and I was having this coronaphobia in mind LOL

The only people who seem to be dying from the Corona virus are the weak and barely alive, anyway.
Two Germans were tested positive for Corona at the start of the month, they were released symptom free and went back to wörk.

I am more worried about the kitten sized locusts.

[Phil_S]

- James Bond promotion tour in China cancelled. -No time to die-

No time to die, indeed.

[serveria.com]

Who sold at the bottom? 

[Hueristic]

Who sold at the bottom? 

I'll be selling a bit at the bottom in a month or 2 at about 15k

[VB1001]

No ATH in 2020. 

We probably won't see ATH this year, but I wouldn't rule out seeing the badger around 19,000 at some point.

[figmentofmyass]

hey guys, we're playing poker again this sunday, this time on SwC. 2.5 - 5 mBTC added, depending how many people show up. https://bitcointalk.org/index.php?topic=5217547.msg53859036#msg53859036

anyone who is interested in playing, shoot me a PM me for the password.

[El duderino_]

Meh

Looks like ~25k in May 

More like 15-16K if we are 100% following the graph, which we are not 

No ATH in 2020. 

Don’t be surprised 

[OutOfMemory]

Looks like ~25k in May 

More like 15-16K if we are 100% following the graph, which we are not 

No ATH in 2020. 

Don’t be surprised 

I also naively second the 25k opinion, but not in may, more like end of the year.

[Totscha]

Meh

Looks like ~25k in May  

More like 15-16K if we are 100% following the graph, which we are not  

No ATH in 2020 2019.  

TIFIFY

Now it's a solid fact...

[JayJuanGee]

So yeah, a person should have a 'go to hell' plan on how to wrap stuff up.

I'm 65 years old on March 24th, 2020 and in 15-20 years I'd have to do such downsizing anyway...but if things really go to sh*t I'll do it a hell of a lot earlier!

(Best to have a get out of Hell plan, lowest BTC you'll keep HODL and stubbornly die with if that's what it takes, and of course, traditional investments cashed out and such.)

In such a world a lot of people would go 'screw this' and minimalize their life, especially clutter, and especially if you are retired and over 66 years retirement age.

 Anyway, end of rant, but a likely plan, if things get worse.

(remember the days of 7 years ago, when everybody said things were gonna get better and working together was the plan)

Personally, it seems to me that you have a mission to view matters negatively.

In regards to where the fuck we are at in bitcoin.. .hey, I am happy as fuck.  You know what?  I was there with you in 2013.. maybe not exactly in the same capacity, but I went through a couple of years (arguably 3 years) of pretty dire BTC price performance, especially if measured from the top to the bottom and the time that it took to get back, and it seems to me that, as far as BTC price goes, we are way the fuck ahead of a vast majority of possible scenarios, and we are actually within a world (of what actually happened) that is amongst the best of possible BTC price performance scenarios...

We are floating well above 30x of our $250 bottom of 2015.... hardly imaginable during that period... but here we are, and I am happy as fuck about that.

Furthermore, there are real decent possibilities that we are going up from here...   Yeah, going up is not guaranteed, but we remain in a great place.. .and could be way the fuck worse.

Regarding your age:  Hey, I am more than willing to accept that a lot of things start to deteriorate with aging... and I have been experiencing it myself, but it feels really good to have BTC within my options, and I already acquired the vast majority of what I am likely to need.

Sure if you are getting older, it is nice to have been able to have already accumulated a decent amount of BTC....

But even if some folks are just getting into BTC, it is NOT too late.. even though some of us are way the fuck ahead of those folks... but each of us has to do what we can with our budget, and any guy (and even gal) who has been able to hang onto a decent amount of BTC until today, is in a very envious position, because as mentioned earlier, there are a lot of normies who have been quite struggling to get to double digit bitcoins... and there are likely to be even more who are struggling to get more than 1 bitcoin.   Even the 21 bitcoin club seems to be like pie in the sky, so each of us just has to do what s/he can, and surely be grateful if you have been able to acquire a decent number of your coins in the triple digits of dollar prices.. or even in the lower 4 digits of dollar prices.