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

[Paashaas]

Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.

Yes, enjoy the show.

[kellrobinson]

Single toilet paper roll sells for $1000

Toilet paper is the new shitcoin.

[Cryptotourist]

Especially if your ass is hairy.

Hey now

Yeah - thought about you,
when I wrote ass - hairy down,
sleepy to rhyme bro.

#

But honestly, the best thing is just being able to take a shit in under 30 seconds and require very little to no toilet paper.

Hey, as soon as I smell espresso brewing in the morning, I'm gone in like milliseconds.
3 baby wipes per shit confirmed.

[fillippone]

[hv_]

ooops

https://www.bloombergquint.com/global-economics/biggest-rescue-of-india-bank-will-deepen-lenders-funding-woes

was that related to the last news India might allow cryptos now ?

 

[hv_]

LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 

[El duderino_]

This was unexpected but I think this a very good opportunity to buy more Bitcoins!

Target - 7500~

17500

[bitcoinPsycho]

LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 

Lol lol lol BSV to BTC down another 14% I wipe my arse with your white paper

[hv_]

LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 

Lol lol lol BSV to BTC down another 14% I wipe my arse with your white paper

take some crude oil - thats down -20%  slippy as segwit

hahaha

[bitcoinPsycho]

Your loosing it hv

[nutildah]

take some crude oil - thats down -20%  slippy as segwit

hahaha

you actually believe a fraudulent shitcoin is bitcoin

jokes on you

hahaha

[OutOfMemory]

$8k, not bad.
I'm awaiting fiat. I hope it's available soon enough.

[Cryptotourist]

take some crude oil - thats down -20%  slippy as segwit

hahaha

you actually believe a fraudulent shitcoin is bitcoin

Of course he doesn't, h e   c a n 't   b e  that dumb.

[Paashaas]

Oil crashes to $27..astonishing.

[STT]

That dude is thinking that we will eventually (within a decade, I assume) will revisit SP500 667.
That would be gruesome.

That would be slightly ridiculous and inaccurate even.   Dollar has no fixed value and without too much checking we can say the dollar is worth less in 2020 then it was 2009.   Due to so many years of QE and excessive monetary base expansion and GDP has not kept up as is reflected in common working wages/value.
  To even visit 1200 on SP500 now would be surprising and to me equate to that 2009 low.   I bought shares march 2009 because it was too cheap even then and I had no regrets in time it doubled and paid double digit yield for my trouble.   Theres plenty of bargains now, not without risk but such cash itself is flawed and due to incur certain losses by design and plan of the Federal Reserve I doubt we have this priced sell off.  
  What is quite likely is volatility is in effect, uncertainty and damage from this unstable monetary policy of constant easy money.   Its not capitalism to have central control in this way, capitalism is money and production with the people and is a revolutionary system that surpassed years of monarchy and top down control.  Somehow we went backwards and we got this command economy that China has or the West is not so different, I'm fairly certain it doesnt result in higher cash value.   BTC falling isnt long term negative and I haven't decided its route short to medium term but i think crypto is fine in 2020 even if price performance is poor.    
  My take for 2020 popular opinion or not is we have disappointment and at best we stay neutral in 2020, a year for digestion not the boom many hoped.   I decided that long ago, I'm far more hopeful going into the decade.

[Phil_S]

Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.

It's Saudis, not virus.

“The market is shocked with the Saudi vow to step up oil production,” said Alan Li, portfolio manager at Atta Capital. “The collapse of oil prices triggered further sell-off of other asset classes. People are waiting for the response of other members of the Organisation of the Petroleum Exporting Countries (OPEC) and Russia.”

Basically, Saudis launched a price war against Russia.

[El duderino_]

Imho this could be a classic trap 

Go down with all the rest, panic——> then green dildo to flush out some panic b*tcherzzzz

[Cryptotourist]

Gotta appreciate the irony.

[STT]

It's Saudis, not virus.

I agree and I hate to double post but the reply is simple.   The virus is a trigger not the cause or the body of the problem.   QE is an ongoing risk, OPEC of course is a fixed price system and subject to problems from that.   Excessive sovereign debts, deficits both fiscal and trade they all matter.     Even after all that its very unlikely cash gains year to year, UUP is the ticker for Dollar index and trades in about 4 hours.
  Business gains from cheaper oil, put it that way so imo dont be too negative in your outlook.   (also gold miners gain every time oil drops, a vast part of their costs is energy such that its a watched ratio USO:GLD or oil:gold)

[El duderino_]

#bitcoin  S2F chart adjusted for today's "crash" ... nothing really happened, btc still spot on S2F track

https://twitter.com/100trillionusd/status/1236741267440259072?s=21