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

[mindrust]

Gold is not behaving well at all today.
I guess that you are 'not allowed' to have any hedges apart from stupid bonds, which are overvalued.
10 year went up (down in yield) like 12% today, lol.
I am very surprised that we keep trickling down 2-3% in the stock market almost ever day. Very strange.
I would have assumed that markets can price in everything quicker.

Sounds like manipulation. They won't let gold go over $2k/ounce because they can manipulate its supply on paper. Nobody really knows how much gold is in existence and nobody can verify it neither. Maybe half of the gold reserves in China are tungsten bars nobody can really know.

That kind of attack won't work on bitcoin.

[jojo69]

tungsten makes better AP rounds anyway

[hodl_2015]

[...] Maybe half of the gold reserves in China are tungsten bars nobody can really know.

US gold reserve scrambled and stalled for weeks when Germany asked to return the gold they stored there. There is just thin-air bars there.

[exstasie]

BTCUSD looks like it's about to spring upwards hard.....

[Wekkel]

BTCUSD looks like it's about to spring upwards hard.....

Good. Finally an end to all the sissy bear talk here  

[2020VISION]

BTCUSD looks like it's about to spring upwards hard.....

5k deadcat bounce :-D springggggg\\\\

[Biodom]

amazing fakery, as usual.
500-600 points up in the last 15 min on the DOW and Nasdaq closes at, listen to this, +0.01%.
Got to be positive  .

[jbreher]

(Run your own DNS servers ffs)

Intriguing. I always pictured being a DNS server would require industrial grade infrastructure. Do you run a DNS server?

HEY! Maybe my Namecoin will be worth something someday.

you      don't       have industrial grade infrastructure?

I am but a simple hodler. My meager amount of industrial grade infrastructure (such as it is) is dedicated to other things.

[jbreher]

These days, I'm happiest with a MacBook Pro keyboard. Go figure.

Really? I have a 2017 Macbook Pro with the butterfly keyboard and it drives me nuts! Its constantly sticking and encouraging me to use excessive amounts of profanity and hit it with a hammer!

My last MBP butterfly keyboard started double-striking. Plus, I noticed the case was getting thicker - which I presumed was a battery bulge issue. I took it in to get looked at, and Apple decided they’d just swap it for new 16”. Across the board.

After they made that offer, I asked if I could pay the diff between the price of the system that they offered, and what I wanted, and they said yeah.
2.4GHz 5G Turbo 8-core i9
64 GB Mem
Upgraded graphics with 8GB VRAM
4 TB SSD.

Not too shabby.

AppleCare FTW. Apple doesn’t seem to make stuff that is less failure-prone than other top tier vendors, but they stand behind the product.

[DaRude]

Still fail to see how that's worse than current default DNS hijacking by ISPs?
https://en.wikipedia.org/wiki/DNS_hijacking#Manipulation_by_ISPs

Centralized. FBI just goes to one source (Cloudflare) for all their shopping needs.

Also remember the golden dot.com rule: If you're not paying for the product, you are the product. CF isn't doing this for the love coming from their warm hearts.

True, but how many ISPs are serving your area? At least Mozzilla has some kind of policy of record retention
https://wiki.mozilla.org/Security/DOH-resolver-policy

Think i'd rather have anything than default ISP like ATT  
https://en.wikipedia.org/wiki/Room_641A

[HairyMaclairy]

Also remember redundancy can be expensive: When the power goes out you don't need to have a generator big enough to run your house for a month. What you need is enough power for the fridge, a lamp (really nice when it gets dark), the fans for your wood stove (in winter), cell phone charging (surprisingly little), a weber grill, and a coffee machine (because waiting in line for coffee sucks). I've done this for a week, it's really not that big of a deal and having cold beer, a light at night, and coffee in the morning goes a long way towards feeling civilized and appropriately smug at those without.

So.... Keep things in perspective. Try not to be part of the mass migration herd, either be the first one out (tricky to time) or wait a week till things settle down.

Or solar + a Tesla battery and pretty much run your household as normal

[Last of the V8s]

Like the sun's ever going to put in a appearance smh no

[HairyMaclairy]

You ghoulish kids are cute and all but the sars2 only kills 10% of the over 80's and 10% of diabetics etc so it's not that part that's going to sting as much as 2% of all humanity - if you remember what that is - could be killed. One hundred and fifty million souls. If you know 150 people pretty well, 3 will die in the next 18 months of this thing. Of your 1500 acquaintances, 30. 3 Hat-wearing, god-fearing, wall-observing bros might die.

edit ~15%, ~8%, ~2.3% but there's only been the one big study so far

It’s not even that - it’s 20% requiring ICU support.  

Odds are that if all of your family catches it, at least one of them will require ICU support.  And the death rate rises when the hospitals are overwhelmed. 

[HairyMaclairy]

Like the sun's ever going to put in a appearance smh no

Tomorrow looks ok

[somac.]

Also remember redundancy can be expensive: When the power goes out you don't need to have a generator big enough to run your house for a month. What you need is enough power for the fridge, a lamp (really nice when it gets dark), the fans for your wood stove (in winter), cell phone charging (surprisingly little), a weber grill, and a coffee machine (because waiting in line for coffee sucks). I've done this for a week, it's really not that big of a deal and having cold beer, a light at night, and coffee in the morning goes a long way towards feeling civilized and appropriately smug at those without.

So.... Keep things in perspective. Try not to be part of the mass migration herd, either be the first one out (tricky to time) or wait a week till things settle down.

Or solar + a Tesla battery and pretty much run your household as normal

Solar hot water is the go too. Those tube things they use these days are pretty damn awesome.

[HairyMaclairy]

I am very surprised that we keep trickling down 2-3% in the stock market almost ever day. Very strange.
I would have assumed that markets can price in everything quicker.

That’s not necessarily how it works.  This is the SPX500 monthly candles.  A rolling crash can easily take a year or more.  It took 17 months to bottom during the GFC which would be June 2021 if we roll from here.  Then years to slowly grind back up. 

[lightfoot]

Also remember redundancy can be expensive: When the power goes out you don't need to have a generator big enough to run your house for a month. What you need is enough power for the fridge, a lamp (really nice when it gets dark), the fans for your wood stove (in winter), cell phone charging (surprisingly little), a weber grill, and a coffee machine (because waiting in line for coffee sucks). I've done this for a week, it's really not that big of a deal and having cold beer, a light at night, and coffee in the morning goes a long way towards feeling civilized and appropriately smug at those without.

So.... Keep things in perspective. Try not to be part of the mass migration herd, either be the first one out (tricky to time) or wait a week till things settle down.

Or solar + a Tesla battery and pretty much run your household as normal

Even a Tesla battery has a limit, and to be honest a rack of T015's would work as well. The trick is how much you suck down and how quickly your panel array can reload.

[jojo69]

the lithiums have made impressive strides in energy density, outpacing your Trojans by a fair bit

that said, and I am quite aware of the dangers inherent in H2SO4, if I had one of those power walls it would be installed in an airtight bunker some distance from the dwelling...

when lithium decides to do the bad, it is really bad

[goldkingcoiner]

the lithiums have made impressive strides in energy density, outpacing your Trojans by a fair bit

that said, and I am quite aware of the dangers inherent in H2SO4, if I had one of those power walls it would be installed in an airtight bunker some distance from the dwelling...

when lithium decides to do the bad, it is really bad

Which dangers of sulfuric acid are you talking about specifically?

[xhomerx10]

the lithiums have made impressive strides in energy density, outpacing your Trojans by a fair bit

that said, and I am quite aware of the dangers inherent in H2SO4, if I had one of those power walls it would be installed in an airtight bunker some distance from the dwelling...

when lithium decides to do the bad, it is really bad

Which dangers of sulfuric acid are you talking about specifically?

 Hydrogen off-gassing during recharging.  Really bad in a closed space.

edit: it can also whiten your fingernails as long as you're quick about it.  Too long and I think they'll totally dissolve... fortunately I didn't wait that long