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

[fillippone]

A 20-year-old Chinese woman from Wuhan, the epicenter of the coronavirus outbreak, traveled 400 miles(675 km) north to Anyang where she infected five relatives, without ever showing signs of infection, Chinese scientists reported on Friday, offering new evidence that the virus can be spread asymptomatically.

[...]

All five of her relatives developed COVID-19 pneumonia, but as of Feb. 11, the young woman still had not developed any symptoms, her chest CT remained normal and she had no fever, stomach or respiratory symptoms, such as cough or sore throat.

https://www.reuters.com/article/us-china-health-study/wuhan-woman-with-no-symptoms-infects-five-relatives-with-coronavirus-study-idUSKBN20G00J

Italy has now two deaths.
Apparently the first infected had no symptoms. And now is negative to every test.
People here are panicking.
This means people are over reacting to rational risks.
Of course this has layered implication, even on the economic side of the story.

Have been reading it this morning about Italy and some villages/cities on lockdown... Is that for real?

Yes.
Forget the lockdown you saw in China, but yes, some villages are on “limited lockdown”.
I think it is a more “strong moral suasion” to stay at home rather than a true ban (in Italy we have laws, contrary to China).

[El duderino_]

1/ During the last two #Bitcoin BTC bull cycles, price bottoms and tops fluctuated around halving dates in an almost equal ratio. If this relationship were to hold true, we still have more than 570 days of bull market ahead of us, with a cycle top coming in around Sep 2021.


https://twitter.com/CryptoKea/status/1230925037026381826?s=20

2/ It is still the big question whether Bitcoin´s bull and bear markets take longer each cycle or oscillate around halving cycles. While there are enough good reasons to suggest that cycles are lengthening over time and
https://twitter.com/CryptoKea/status/1230925039194791936?s=20

3/ likely converge with macro cycles at some point in the future, imo, gravitation around halvings could still be maintained for a while, especially in the early adoption phase of Bitcoin (see #s2f model).

While a sample size of two bull markets is by far too small
https://twitter.com/CryptoKea/status/1230925040830631936?s=20

4/  to make any prediction, this relationship might eventually not be pure coincidence either (e.g. Stock-to-Flow driven hodl behavior could be one out of many reasons).

We all know history never repeats itself …
BUT it often rhymes. 
https://twitter.com/CryptoKea/status/1230925042386657280?s=20

[El duderino_]

A 20-year-old Chinese woman from Wuhan, the epicenter of the coronavirus outbreak, traveled 400 miles(675 km) north to Anyang where she infected five relatives, without ever showing signs of infection, Chinese scientists reported on Friday, offering new evidence that the virus can be spread asymptomatically.

[...]

All five of her relatives developed COVID-19 pneumonia, but as of Feb. 11, the young woman still had not developed any symptoms, her chest CT remained normal and she had no fever, stomach or respiratory symptoms, such as cough or sore throat.

https://www.reuters.com/article/us-china-health-study/wuhan-woman-with-no-symptoms-infects-five-relatives-with-coronavirus-study-idUSKBN20G00J

Italy has now two deaths.
Apparently the first infected had no symptoms. And now is negative to every test.
People here are panicking.
This means people are over reacting to rational risks.
Of course this has layered implication, even on the economic side of the story.

Have been reading it this morning about Italy and some villages/cities on lockdown... Is that for real?

Yes.
Forget the lockdown you saw in China, but yes, some villages are on “limited lockdown”.
I think it is a more “strong moral suasion” to stay at home rather than a true ban (in Italy we have laws, contrary to China).

BREAKING: Italy orders mass closures after #coronavirus cases quadruple. Officials ordered schools, public buildings, restaurants and coffee shops to close. The emergency measures come as a cluster of new COVID19 infections emerged, including some who had not been to China (DW)
https://twitter.com/howroute/status/1230970101828071430?s=20

[d_eddie]

bird flew away with paper wallets

That's called a whoring accident in most circles.

[fillippone]

Have been reading it this morning about Italy and some villages/cities on lockdown... Is that for real?

Yes.
Forget the lockdown you saw in China, but yes, some villages are on “limited lockdown”.
I think it is a more “strong moral suasion” to stay at home rather than a true ban (in Italy we have laws, contrary to China).

BREAKING: Italy orders mass closures after #coronavirus cases quadruple. Officials ordered schools, public buildings, restaurants and coffee shops to close. The emergency measures come as a cluster of new COVID19 infections emerged, including some who had not been to China (DW)
https://twitter.com/howroute/status/1230970101828071430?s=20

True. But limited to some of the villages.
I don’t know if it happened also elsewhere, but situation is quickly escalating and I see (read) panick in the streets.
Trains being blocked, Chinese people being attacked and beaten on the streets.

Link in Italian:
https://www.quotidiano.net/cronaca/coronavirus-psicosi-torino-1.5041421

[Last of the V8s]

Have been reading it this morning about Italy and some villages/cities on lockdown... Is that for real?

Yes.
Forget the lockdown you saw in China, but yes, some villages are on “limited lockdown”.
I think it is a more “strong moral suasion” to stay at home rather than a true ban (in Italy we have laws, contrary to China).

BREAKING: Italy orders mass closures after #coronavirus cases quadruple. Officials ordered schools, public buildings, restaurants and coffee shops to close. The emergency measures come as a cluster of new COVID19 infections emerged, including some who had not been to China (DW)
https://twitter.com/howroute/status/1230970101828071430?s=20

True. But limited to some of the villages.
I don’t know if it happened also elsewhere, but situation is quickly escalating and I see (read) panick in the streets.
Trains being blocked, Chinese people being attacked and beaten on the streets.

Link in Italian:
https://www.quotidiano.net/cronaca/coronavirus-psicosi-torino-1.5041421

Ukraine has had anti-Chinese riots and anti-East-Asian sentiment has spread way faster than the virus itself with most Western countries having had reports of verbal abuse, shunning and some violence.

[Last of the V8s]

https://www.unconfiscatable.com/



You know, as much as I criticise some of these charlatans, this could be worse. I'll be watching some of it later.

[Last of the V8s]

Expecting another big dump soon. Sentiment is too bullish.

Also, going stir-crazy over here. If Britons don't start dropping dead soon I will be mighty annoyed. Even the eyeties can do it ffs.

[hodl_2015]

Expecting another big dump soon. Sentiment is too bullish.

I'm ready for the next dip. if it doesn't happen, that's fine too.

[Phil_S]

We are too squeezed-in for really big moves.

On one hand, dump to 8xxx looks like almost 100% sure thing, but so what...

Surely we'll recover by April. No biggie.

[Gyrsur]

me soon tonight. 

[LFC_Bitcoin]

We are too squeezed-in for really big moves.

On one hand, dump to 8xxx looks like almost 100% sure thing, but so what...

Surely we'll recover by April. No biggie.

I used to panic by such moves but I don’t care any more. The end result is the same - MOON.

I am guilty of wishing my life away until late 2021 though when the next parabolic rise is expected. Anybody else the same?

[BitcoinGirl.Club]

me soon tonight. 

I like how he handled it at the end 🤪

[gentlemand]

I am guilty of wishing my life away until late 2021 though when the next parabolic rise is expected. Anybody else the same?

Nope. I'm an Instagram model living my best life RIGHT NOW.

We're talking vegan, waxing, car footwell mats imbued with the smell of celebrity vaginas, rejecting gender pronouns and lot and lots of Subbuteo.

[AlcoHoDL]

Even after the recent correction from this year's AYH, we're still doing fine. LFCBPI is $7 above baseline.

LFC Bitcoin Price Indicator: $57

Go BTC, go!

[LFC_Bitcoin]

@blockfolio
🏦 Banks call bitcoin a "bad idea"

🚖 Taxis called Uber a "bad idea"

🏨 Hotels called Airbnb a "bad idea"

🎵 Labels called streaming a "bad idea"

📰 Papers called internet a "bad idea"

📻 Radio stations called TV a "bad idea"

It's simple, they're afraid.
https://twitter.com/blockfolio/status/1231215981743071232?s=21





@bitcoinhog
Price aside, the true #Bitcoin   hodlers can wait as long as required.

We're not going to change our mind.

Because we know moon is inevitable.

Everytime someone comes to this realization and buys in, Bitcoin becomes more scarce.

Our sats are off the market, not for sale 🚀
https://twitter.com/bitcoinhog/status/1231192986689519617?s=21

[vapourminer]

Don't let them scare you into reporting you "holdings"!

Tell them NOTHING!

The IRS has known about me since 2013. Banker reported me to SEC for an over 10k sale to get KNC Jupiter Miner from Sweden...
...went to phone meeting with a banker and SEC (voice phone SEC end) and banker's 'proof' was BTC was 'evil' and no way I had
done taxes (spring 2014 with new IRS crypto rules) slap'd down my CPA done Tax Forms paid and SEC guy in a 'resigned' voice is
why am I here? ...so you can account for the BTC now or when they come later..I myself when the IRS or Whomever comes by saying
I am not legit due to my (1) trophy girlfriend (2) boat on the lawn (3) flashy car etc, will show them my 'legit' crypto earnings and tell
whoever they are to go 'pound sand' ..eventually KYC will be for all exchanges...so it will only get worse IMHO. (hope it is not as
bad as all that ...but soured me on what to expect as a newbie till now from 2013.

thats why i have signed some old mining addys with "i am so and so and i mined to this addy between approximately this and this date with this hardware at this pool",  saved pool payout logs and screenshots, kept gpu receipts, pics of mining setups etc. 

i always figured i would have to account for those early btc.

[Swordsoffreedom]

me soon tonight. 

 

[vapourminer]

Coinbase ratted me out years ago. Lol

been with coinbase since 2013 and filed taxes on btc earnings (no trading then, mainly selling mined coin with occasional buys) long before all that 1099 crap and such. as ive mentioned before i always figured btc would be tracked.

[vapourminer]

remember there was that statistic about 50% of peeps having difficulties coming up with $400 for an emergency, so to own .012BTC, which may represent several thousands of dollars of value, free and clear, will still likely be out of touch from many normies who plan to fail by failing to plan.

back in the day i lived paycheck to paycheck and sometimes not even that (but i always worked). a slice of bread with peanut butter was a feast (but made sure my cat was better fed than i was, my cat also had vet visits, while i had no insurance for doctors.. tough it out was the motto). electricity for lighting was paradise as i would regularly have mine shut off. thankfully candles were cheap and i could walk to the library for books.

i kinda feel that you need to be able to live poor before you can live rich. although taking the short cut to rich could be nice one may not appreciate it as much.