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

[lightfoot]

Oh great, they're cancelling orgies?

This is going to suck.

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[bkbirge]

Oh great, they're cancelling orgies?

This is going to suck.

Or not as the case may be.

[gentlemand]

Oh great, they're cancelling orgies?

This is going to suck.

Dogging is a rather more solemn occasion. Middle aged men gather around middle range family sedans in darkened woodlands and watch them wobble back and forth while the windows slowly steam up. Then they return to their homes and sit in silence and consider what they have witnessed.

I expect just like gay folks have their 'bug chasing' family fun nights where they hand out HIV like sweeties, sexpeople elsewhere will have virus nights. You only get in if your temperature is high enough. Then everyone lets rip.

[LUCKMCFLY]

Hi WO!!!!

Less than 10,000 blocks to go #bitcoin

Source: https://twitter.com/ChartsBtc/status/1234873116167266304

[Phil_S]

Say what you will, but Trump is really funny sometimes:

https://www.youtube.com/watch?v=kfl13QyQZKc

[El duderino_]

via Imgflip Meme Generator

Aaaaaaand how to explain this one at home? 

[LFC_Bitcoin]

Prostitution & dogging don’t need to be cancelled. As long as precautions are taken it should be business as usual.

[Phil_S]

Aaaaaaand how to explain this one at home? 

"Licked the shrines"

[fillippone]

*FED CUTS BENCHMARK RATE 50 BPS, SAYS VIRUS POSES EVOLVING RISKS

wow!

Feels sad man. Isn't btc supposed to follow gold? Gold is +3% while btc is -1%.

Honey badger doesn't give a fuck.

Good point.

Bitcoin has been UNCORRELATED to other asset classes.

If stocks drop, this does not mean Bitcoin has to pump. If gold prices climb, this does not mean Bitcoin will rise with it everytime.

Not negative or positive. UNcorrelated.

Narratives will come & go.

Source: https://twitter.com/VentureCoinist/status/1232671637130088449

Totally agree with the above tweet.
Digital gold, or “anti-fragile” asset class are still narrative, not corroborated by numbers.

Positive fact:
We are still early in the adoption cycle: staking sats is still a good idea!

Fun fact.
If digital gold narrative gets traction, actually the correlation with gold would be negative. If bitcoin would prove a reliable store of value, then price of gold would drop to the “intrinsic” or industrial value, being the price stripped of the financial value. I suspect this would also happen also to other asset classes (like real estate, I guess)

This decision is the final nail on the FED's coffin. QE and low/negative interest rates forever.

it's not by chance that it's Called "QE4Ever".

[Torque]

I think it's time we called in the real Guardians. These fakes are toast.

[Torque]

*FED CUTS BENCHMARK RATE 50 BPS, SAYS VIRUS POSES EVOLVING RISKS

wow!

Must be what the rally was about yesterday. Some peeps got wind of the cut early.

Of course they did. The Fed has been leaking decision info to "the club" since forever.

[fillippone]

via Imgflip Meme Generator

Aaaaaaand how to explain this one at home? 

You are in trouble when you were supposed to go out for your usual futsal match with your friends....

[jojo69]

filled body bags stacking up in Iran

https://twitter.com/bbcpersian/status/1234860117532774400

[lightfoot]

I'm sure they are filled with candy for children.

That said, this is becoming more and more an Atlas Shrugged chapter every day. As the "Economic Dictator" Wesley Mouch demands that scientists PRODUCE a vaccine and markets RISE by DIRECT ORDER I sit here and go "Hm.".

Go figure.

[jbreher]

Which is exactly why there is no reason for the boomers here to be butthurt when I talk about how they all deserve to die.

Altogether too true. Inasmuch as we are human. Life extension tech is unlikely to reach escape velocity in our lifetimes. You deserve to die too, motherfucker.

(In my most benevolent paternalistic voice...)

[jbreher]

https://thehill.com/policy/defense/485501-us-military-working-to-develop-coronavirus-vaccine

"Our military research labs are working feverishly around the horn here to try to come up with a vaccine. So we’ll see how that develops over the next couple of months,” Joint Chiefs of Staff Chairman Gen. Mark Milley told reporters at the Pentagon."

The military. Cooking up a vaccine. What could go wrong?

Isn't this the way the tinfoil hat crowd thinks this started in the first place?

[jbreher]

I can't think of any canned food that I would eat. I saw some canned ham at the store...as I was holding it contemplating if things would get so bad as to need to eat ham from a can...I figured I'd rather go catch some fresh fish than have to resort to such savagery.

spammer^   ~spam spam spam spammm

Shuuut up!





Bloody vikings.

[marcus_of_augustus]

filled body bags stacking up in Iran

https://twitter.com/bbcpersian/status/1234860117532774400

naah, they all just fell down stairs or drowned in swimming pools or other 'natural causes'.

Never seen so much panic about most likely nothing too horrific

Hell, an average of ~102 Americans die every single day just in car accidents.

Exactly, and ~7 Americans die from falling down a stair every single day. 
About 2 a day drown in a swimming pool.
And lets not forget about all the fine Sackler products that kill ~118 people in the US each and every day. (1)

The wars kill too (especially having been there and returning home): 22 suicides of US army veterans in average per every day, roughly one per hour. (2)

If any of this is shocking to you, your personal risk assessment is terribly biased. For starters I highly recommend Dan Gardners "risk". (3)

(1) https://www.iii.org/node/32171
(2) https://en.wikipedia.org/wiki/United_States_military_veteran_suicide
(3) https://www.amazon.com/Risk-Science-Politics-Fear-Gardner/dp/0753515539/


I would also like to point out, that every single person that dies from (or with) a Corona infection is counted. But only people with serious health problems get tested and therefor counted, plus a few that come under suspicion from contacts they had.
Nobody knows how many people just had and eventually self-cured Corona in the last weeks, it's not like it's much different to regular flu - except being very mild. Ask yourself if you are going to inform the authorities when you feel like having the flu but are not in critical condition? I'd sit it out at home and don't tell anybody as I don't want to be quarantined. All these are then non-lethal infections that are not counted toward the recoveries and therefor giving a way to high lethality ratio. That leads me to conclude that while Corona is more contagious than seasonal flu atm, it is not as dangerous.

Wrt to the economy and markets it's a different thing. Extreme fear is appropriate there (hell, panic is even fine). That's the typical bespoken weak and ill patient catching a little cold that can kill him. Corona being the little cold for economy.

[bitebits]

First time I hear about ‘hashrate highjacking’:

https://medium.com/braiins/hashrate-robbery-stratum-v2-fixes-this-and-more-8bc4ef578eb7

Stratum V1 has a major security flaw: it’s vulnerable to man-in-the-middle (MITM) attacks. The worst of these attacks is hashrate hijacking, in which a malicious third party is able to steal a miner’s proof of work before it reaches their target pool, thereby taking credit for the work and earning the payout for themselves instead.

[El duderino_]

Fuck. Number go down.
God-damn wrong direction. Sheeit.
I hate the bear-whale.

But but but they provide cheap cornzsss