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

[d_eddie]

The establishment chicken littles are starting to crow. I wonder how much is corona virus effect as stated and how much is them just saying it is to cover their rears...
https://news.yahoo.com/coronavirus-will-wipe-out-corporate-profit-growth-in-2020-and-may-trigger-recession-goldman-sachs-122739601.html

The coronavirus may wipe out corporate growth in 2020, perhaps completely.

Goldman Sachs said Thursday in a note U.S. companies will generate no earnings growth in 2020. Underlying the call is Goldman’s view that the coronavirus is expected to spread around the globe and severely harm economic activity.

The market couldn't stand this growth rate anyway.  The Fed wanted to hike the rates a little, and only pressure from the orange ape made them keep on easin'.  This corona thing is actually a help for those who need a different narrative.  'Corona gets all the blame' is like 'dog ate my homework'.

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[Last of the V8s]

https://twitter.com/dergigi/status/1232767340833624066?s=20

[soxxx]

Ascending triangle anyone?

Ascending Triangle confirmed. if we break below the ascending line then "God save the Queen".  

Maybe just maybe we have something here, it got a good bounce.

[Last of the V8s]

Romanian TV faking up an 'empty shelves' story. Everything from the shelves is just piled up behind the camera

[jbreher]

since when?

people write custom BIOS for older stuff all the time

not being snarky, really want to know

To lightfoot's point, I don't doubt that contemporary BIOSs are typically protected by such crypto signature schemes.

I used the BIOS example as but one of many possible malware vectors that one exposes themself to, should they be in the habit of investigating various random found USB devices.

And more specifically, one that completely sidesteps any filesystem-dependent countermeasures, which some seem to (erroneously) feel is sufficient to protect themselves.

[xhomerx10]

-the end of the 'silent but deadly'
-keep your pants on
-#themayorknew
-where is that guy anyway

 Well that's awesome.  Now he's cornered the market on safety pants - he'll be back!

[jojo69]

safety pants

safety pants

everybody look at your hands

[xhomerx10]

Romanian TV faking up an 'empty shelves' story. Everything from the shelves is just piled up behind the camera

 Romanians...

edit: redacted
edit2: redacted
edit3: opsec fears

[DaRude]

LOL...
https://cointelegraph.com/news/steven-seagal-charged-by-sec-for-promoting-2018-ico

Seagal is a Buddhist, claiming in 1997 to have been given the title of tulku — the reincarnation of the Buddhist lama — by a Buddhist high priest. For this reason, he was announced by the B2G project as a “Zen master.”

Double LOL...
https://cointelegraph.com/news/courts-will-seize-btc-with-miners-help-self-proclaimed-satoshi-craig-wright

“Without keys, BTC will be confiscated. Code is law, and courts can mandate patching code. Bitcoin is not encrypted. It is economic.”

BSvers at their best. If you redefine BTC to mean BSv, and decentralized to mean Ayre owns 60% of miners, then i don't see why Ayre can't do whatever he pleases with that chain. Idiots that buy those tokens deserve whatever is coming to them. It's funny to hear about courts from the guy who lost all his court cases.
As far as having some court in some jurisdiction try to stop real honey badger yeah good luck

[Cryptotourist]

I mean, look at Ibian - he's already feasting on this, hoping that this the one. Why would I give a fuck to this kind of approach?

I don't think I have actually said that I hope this is The One. If you want to know what someone thinks, why not ask instead of guess?

Okay,

This could really be the big one.

[rdbase]

Jack Dorsey not only added the BTC symbol to his site but got it tattooed on his face.

So not only el dude has tats that matter here now.
https://blockfoliorefresh.substack.com/p/bitcoin-drove-50-of-cash-apps-q4
Cash app damnnn.

[bitcoinPsycho]

The establishment chicken littles are starting to crow. I wonder how much is corona virus effect as stated and how much is them just saying it is to cover their rears...
https://news.yahoo.com/coronavirus-will-wipe-out-corporate-profit-growth-in-2020-and-may-trigger-recession-goldman-sachs-122739601.html

The coronavirus may wipe out corporate growth in 2020, perhaps completely.

Goldman Sachs said Thursday in a note U.S. companies will generate no earnings growth in 2020. Underlying the call is Goldman’s view that the coronavirus is expected to spread around the globe and severely harm economic activity.

The market couldn't stand this growth rate anyway.  The Fed wanted to hike the rates a little, and only pressure from the orange ape made them keep on easin'.  This corona thing is actually a help for those who need a different narrative.  'Corona gets all the blame' is like 'dog ate my homework'.

+20 wo merit for this post

[mindrust]

Ibian is an asshole (I forgot why I was mad at him tbh and put him on ignore years ago for a long time) but he has a point.

It is pretty clear that the current system is not working well and started to create more problems than what it is solving, and the only solution to that problem is lots people dying.

Nope, real world isn't a ball of rainbows. History of mankind is formed by wars, blood and misery.

Like it happened many times before.

This is going to happen not because he wants it just like Trump won not because I wanted it to happen or not.

I simply analyzed the problem, put my emotions aside and made the call. I was right with Trump, I was right with the Brexit. Nobody cares about my feelings. It happened anyway.

This is same with bitcoin, I want it to win but I also must think about the other possibility.

People don't like me when I share a bearish chart... Why not? What makes you think this will go up without making a big correction? And it does. Not that I am trading these predictions btw. It is not worth the risk, but for some people it is. Bears have to eat too ffs.

You want bitcoin to win completely against FIAT but there will be many grannies and dads who will miss the train and will fight btc forever just because some bankster told them to not invest bitcoin. What was their mistake? Listening to the banksters? Being not smart enough? Being old and dumb? At this point the movie "the big short" comes to my mind, when bitcoin hits $1.000.000, I am making the call here, lots of people will die. Not because I want people to die.

As I said, it is just not rainbows out there. People die.
.

[rdbase]

Ibian is an asshole (I forgot why I was mad at him tbh and put him on ignore years ago for a long time) but he has a point.

It is pretty clear that the current system is not working well and started to create more problems than what it is solving, and the only solution to that problem is lots people dying.

Nope, real world isn't a ball of rainbows. History of mankind is formed by wars, blood and misery.

Like it happened many times before.

This is going to happen not because he wants it just like Trump won not because I wanted it to happen or not.

I simply analyzed the problem, put my emotions aside and made the call. I was right with Trump, I was right with the Brexit. Nobody cares about my feelings. It happened anyway.

This is same with bitcoin, I want it to win but I also must think about the other possibility.

People don't like me when I share a bearish chart... Why not? What makes you think this will go up without making a big correction? And it does. Not that I am trading these predictions btw. It is not worth the risk, but for some people it is. Bears have to eat too ffs.

You want bitcoin to win completely against FIAT but there will be many grannies and dads who will miss the train and will fight btc forever just because some bankster told them to not invest bitcoin. What was their mistake? Listening to the banksters? Being not smart enough? Being old and dumb? At this point the movie "the big short" comes to my mind, when bitcoin hits $1.000.000, I am making the call here, lots of people will die. Not because I want people to die.

As I said, it is just not rainbows out there. People die.

You mean like the rainbow chart?

https://www.blockchaincenter.net/bitcoin-rainbow-chart

[bitserve]

Romanian TV faking up an 'empty shelves' story. Everything from the shelves is just piled up behind the camera

Yeah, I have noticed the same with Italy empty supermarket pictures. They just focus on some random empty shelve... and you can clearly see in the background many others completely filled... yet the pictures imprints the idea of a complete full stop of supplies. Fuck mainstream media. One thing is spreading bullshit because of incompetence (something I take for a given), and another thing intentionally misleading when you know better. Bleh.

[mindrust]

"Everything is gonna be OKAAY! Don't invest in gold and btc!"

"This is just a small problem!"

"Nothing we can't fix!"

-No.

[Torque]

The establishment chicken littles are starting to crow. I wonder how much is corona virus effect as stated and how much is them just saying it is to cover their rears...
https://news.yahoo.com/coronavirus-will-wipe-out-corporate-profit-growth-in-2020-and-may-trigger-recession-goldman-sachs-122739601.html

The coronavirus may wipe out corporate growth in 2020, perhaps completely.

Goldman Sachs said Thursday in a note U.S. companies will generate no earnings growth in 2020. Underlying the call is Goldman’s view that the coronavirus is expected to spread around the globe and severely harm economic activity.

The market couldn't stand this growth rate anyway.  The Fed wanted to hike the rates a little, and only pressure from the orange ape made them keep on easin'.  This corona thing is actually a help for those who need a different narrative.  'Corona gets all the blame' is like 'dog ate my homework'.

Most people on the street don't realize that real growth truly died back in 2008. 2011 was just a dead cat bounce from all the QE's, and ever since then real demand has been merely a trickle, a mere fraction of what it was since the 80's, 90's, and early 2000's. But the establishment doesn't want the citizens to realize that; they have been propping up the markets with cheap debt and fake growth, "fake-it-until-you-make-it-again". Fake it until real demand comes back (or so they hoped). Even though real demand fell off a cliff quite a few years ago. Americans and much of the world citizens are completely tapped out, from all the personal household debt, student loan debt, and lack of income growth. They can't consume any more stuff. And they are starting to not even desire any more stuff, willing to live and be happy with less.

I'm assuming that because of established trade agreements between the West and East, the U.S. had to keep buying goods from China that it couldn't sell locally, just to support Chinese growth and have them in-turn buy U.S. goods (that could easily be sold to the Chinese people). Meanwhile China was trying to get its own citizens to begin to consume China-made products typically bought and sold in the U.S. That strategy seemed to work for a while, but it was all fake growth too, as China pumped it's own cheap money into local businesses that were all growing purely on debt. But then, eventually that all started to crater too. The Chinese people are also tapped out on personal debt and falling income growth.

So Chinese products can only go unsold in the U.S. for so long; megastores and warehouses fill up, then you start to build up surpluses that you can't do anything with. I wouldn't be surprised if in the last few years, goods purchased from China were then shipped directly to mega landfills somewhere. Trump and Xi tried tariffs, but that didn't work either.

So what we are seeing now with the coronavirus is a blatant attempt to completely disrupt global supply chains, so that the U.S. doesn't have to continue buying Chinese products that it is obligated to buy through trade agreements but cannot sell locally, because there is no demand. We'll see how long that tactic lasts.

The state of the world economy is way worse that most people realize, because all the growth over the last decade was fake (fueled with debt) and the trickle of consumption was completely obscured from their eyes.

[OutOfMemory]

Romanian TV faking up an 'empty shelves' story. Everything from the shelves is just piled up behind the camera

Yeah, I have noticed the same with Italy empty supermarket pictures. They just focus on some random empty shelve... and you can clearly see in the background many others completely filled... yet the pictures imprints the idea of a complete full stop of supplies. Fuck mainstream media. One thing is spreading bullshit because of incompetence (something I take for a given), and another thing intentionally misleading when you know better. Bleh.

Yesterday i wanted to buy some noodles. The noodles shelves were empty, as well as rice, canned beans and eggs. Today i was at the supermarket again, still not restocked, flour and evaporated milk shelves now empty too. I asked for restock, they said at noon. I returned there at noon, people with carts full of toilet paper waiting for the delivery truck.
I went to a small store at the city border and got all i wanted there, easily. No need to touch my prepper reserves yet. People are endlessly dumb. They will smash their heads for a bottle of soda in the supermarkets soon, while i will shop the grocery stores in a relaxed manner.
But you have to know this: Four confirmed Covid19 cases in the whole country so far...
This is insane.

EDIT: Fishing "season" starts mid of April, too. I'm set. Quotes because fish can be caught all year, but it's harder in winter, of course.

[Last of the V8s]

WATCH LIVE: California governor and state officials provide update on coronavirus response
https://www.youtube.com/watch?v=vQtpYrK7EII

These people have no idea what they are doing.

[Last of the V8s]

redactanians...

edit: redacted
edit2: redacted
edit3: opsec fears

agree with this 100%