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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.2%)
8/4 - 16 (16.3%)
8/11 - 7 (7.1%)
8/18 - 5 (5.1%)
8/25 - 7 (7.1%)
After August - 51 (52%)
Total Voters: 98

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26455923 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
goldkingcoiner
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March 03, 2020, 04:20:50 PM

Dow-Jones Industrial sat on a wall
With Standard and Poor's, he took a great fall
And all the King's printers and all the King's hoes
Couldn't bring either back on their toes

The most disturbing thing about the original rhyme was that Humpty Dumpty was never mentioned to be an egg.
d_eddie
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March 03, 2020, 04:27:03 PM
Merited by BitcoinNewsMagazine (1)

Observing unusually sharp spikes in the price over short time scales. Smells like sloppy whales accumulating more than selloffs.
mindrust
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March 03, 2020, 04:41:51 PM

*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%.

This decision is the final nail on the FED's coffin. QE and low/negative interest rates forever.
lightfoot
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March 03, 2020, 05:17:06 PM

Hm. Market is down 243 points. How odd after a half point "surprise" rate cut. Almost as if someone got an early dime on it over the weekend and did their buying yesterday.

But how could that happen?
LFC_Bitcoin
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March 03, 2020, 05:24:55 PM
Merited by JayJuanGee (1)

Makes sense...... Shocked


https://twitter.com/mickjon95058639/status/1234495852112158720?s=21

To my none English friends who are unfamiliar with the word dogging, google it Wink
lightfoot
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I fix broken miners. And make holes in teeth :-)


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March 03, 2020, 05:32:53 PM

Oh great, they're cancelling orgies?

This is going to suck.
bkbirge
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March 03, 2020, 05:35:23 PM
Merited by jojo69 (1), jbreher (1)

Oh great, they're cancelling orgies?

This is going to suck.

Or not as the case may be.
gentlemand
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March 03, 2020, 05:38:31 PM
Merited by infofront (1)

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
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March 03, 2020, 05:44:13 PM

Hi WO!!!!

Quote
Less than 10,000 blocks to go #bitcoin


Source: https://twitter.com/ChartsBtc/status/1234873116167266304
Phil_S
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March 03, 2020, 05:44:29 PM

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

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

Smiley
El duderino_
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March 03, 2020, 05:51:08 PM

via Imgflip Meme Generator

Aaaaaaand how to explain this one at home?  Roll Eyes
LFC_Bitcoin
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March 03, 2020, 06:02:07 PM

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


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March 03, 2020, 06:10:07 PM
Merited by jojo69 (1)

Aaaaaaand how to explain this one at home?  Roll Eyes

"Licked the shrines"
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March 03, 2020, 06:18:52 PM
Last edit: May 16, 2023, 06:31:37 AM by fillippone
Merited by JayJuanGee (1)

*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.

Quote
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
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March 03, 2020, 06:28:04 PM

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

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March 03, 2020, 06:32:48 PM

*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
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March 03, 2020, 06:33:05 PM

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Aaaaaaand how to explain this one at home?  Roll Eyes

You are in trouble when you were supposed to go out for your usual futsal match with your friends....
jojo69
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March 03, 2020, 06:36:56 PM

filled body bags stacking up in Iran

https://twitter.com/bbcpersian/status/1234860117532774400
lightfoot
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March 03, 2020, 06:40:45 PM

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.
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March 03, 2020, 06:43:13 PM
Last edit: March 03, 2020, 07:12:00 PM by jbreher
Merited by sirazimuth (1), jojo69 (1), kurious (1), bkbirge (1)

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...)
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