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

[El duderino_]

incoming selling wave? time will tell....

At the moment where selling becomes very dumb.... only fools would be selling now
But.... the world is filled with fools

[Majormax]

Time for a new poll.

Also, the old one was flawed, as it made an implicit price assumption....didn't include an option for 'never see 10k again'

Bc to actually say never see 10K again, then it’s just not the thread for those that thinking that.... in a long term perspective

Why ?  Are you suggesting no-platforming certain views ?

So what is the thread about ?  There are always plenty of off-topic posts here.

[somac.]

incoming selling wave? time will tell....

BTC very correlated with the share markets right now. I don't like this, but a bounce may be in order if FED comes out all guns blazing tonight.

[Majormax]

Surely the poll is about neutrality, and should not make implicit assumptions ?  Just pure logic.

It would also be interesting to see how many votes there were for 'never see 10k again'. Should be none, and that in itself is a valid indicator.

[El duderino_]

Time for a new poll.

Also, the old one was flawed, as it made an implicit price assumption....didn't include an option for 'never see 10k again'

Bc to actually say never see 10K again, then it’s just not the thread for those that thinking that.... in a long term perspective

Why ?  Are you suggesting no-platforming certain views ?

So what is the thread about ?  There are always plenty of off-topic posts here.

The thread for long term bulls  
For me all options and polls are aloud of course...  As everyone may have his opinion as well, just don’t let it be a fools one to say never crossing 10K again  

[bitcoinvest]

incoming selling wave? time will tell....

BTC very correlated with the share markets right now. I don't like this, but a bounce may be in order if FED comes out all guns blazing tonight.

well, i see this selling happening within the day. can't see any bounce at this stage. we hope for the best of course!

[El duderino_]

Surely the poll is about neutrality, and should not make implicit assumptions ?  Just pure logic.

It would also be interesting to see how many votes there were for 'never see 10k again'. Should be none, and that in itself is a valid indicator.

It should be none, but always there will be haters that will vote for it..... not that it matters of course

[fillippone]

All of us in January when we learned about corona virus...

https://twitter.com/panama_tj/status/1236793863127347200?s=21

VIDEO ATTACHED

[Lambie Slayer]

https://twitter.com/realDonaldTrump/status/1236778368533700609

Trump dropped a big cryptic hint about an unstoppable surprise coming. This was tweeted right after the dow futures opened and tanked.

Most likely he is on the phone with the Plunge Protection Team and the Fed and there is some massive money printing on the way.

Anyone who thinks Trump isnt going to attack these market sell offs with everything at his disposal is underestimating his ego and desire to be elected again.

62 days to the Halvening and all fundamentals are well and bullish. 

[somac.]

https://twitter.com/realDonaldTrump/status/1236778368533700609

Trump dropped a big cryptic hint about an unstoppable surprise coming. This was tweeted right after the dow futures opened and tanked.

Most likely he is on the phone with the Plunge Protection Team and the Fed and there is some massive money printing on the way.

Anyone who thinks Trump isnt going to attack these market sell offs with everything at his disposal is underestimating his ego and desire to be elected again.

62 days to the Halvening and all fundamentals are well and bullish. 

Can't argue with that assessment.

[Paashaas]

Get paid to have coronavirus: Scientists will pay volunteers £3,500 to be infected in experiments to develop a vaccine.

https://www.dailymail.co.uk/news/article-8090761/amp/Get-PAID-coronavirus-Scientists-London-pay-volunteers-3-500-develop-vaccine.html?__twitter_impression=true

[HairyMaclairy]

[HairyMaclairy]

Get paid to have coronavirus: Scientists will pay volunteers £3,500 to be infected in experiments to develop a vaccine.

https://www.dailymail.co.uk/news/article-8090761/amp/Get-PAID-coronavirus-Scientists-London-pay-volunteers-3-500-develop-vaccine.html?__twitter_impression=true

You could just pick 24 people that already have it and pay them...

[Cryptotourist]

All of us in January when we learned about corona virus...

https://twitter.com/panama_tj/status/1236793863127347200?s=21

They're French ffs!
(pun intended)

[Lambie Slayer]

Get paid to have coronavirus: Scientists will pay volunteers £3,500 to be infected in experiments to develop a vaccine.

https://www.dailymail.co.uk/news/article-8090761/amp/Get-PAID-coronavirus-Scientists-London-pay-volunteers-3-500-develop-vaccine.html?__twitter_impression=true

via Imgflip Meme Generator

[nutildah]

Get paid to have coronavirus: Scientists will pay volunteers £3,500 to be infected in experiments to develop a vaccine.

https://www.dailymail.co.uk/news/article-8090761/amp/Get-PAID-coronavirus-Scientists-London-pay-volunteers-3-500-develop-vaccine.html?__twitter_impression=true

JFC £3,500, that's it?

Fucking cheapskates over there.

Quick, somebody privatize their medicine when they're not looking.

[Phil_S]

Interesting analysis, suggesting Saudi Arabia may go bankrupt way before their competitors:

https://www.bloomberg.com/opinion/articles/2020-03-09/oil-crash-saudi-arabia-s-price-war-worked-once-but-may-backfire

Once you consider the dependence of the Saudi economy on oil production, the best complete measure of Aramco’s overheads is probably the price at which the country’s budget breaks even — and that’s a whopping $83.60 a barrel, which we haven't seen in more than five years. Russia’s fiscal breakeven is around half that at $42 a barrel, and after sharp improvements in recent years, commercial producers in America’s Permian basin are around the same level.

Of course, at current prices everyone’s losing. Brent dropped as low as $31 a barrel Monday, and should a prolonged price war set in, it could go lower still. That’s where we have to start thinking about all three players’ ability to endure pain.

Riyadh’s race-to-the-bottom strategy only worked in 1985 because it was the lowest-cost producer. Now, its bloated budget means that it’s one of the highest-cost and shakiest players. It remains embroiled in a costly and brutal military quagmire in Yemen, and on Friday arrested senior royals on the grounds they were plotting a coup.

More than four years after Prince Mohammed Bin Salman began the economic reforms that were intended to diversify the economy’s dependence on crude, the prospect of prices ever returning to fiscal breakeven levels looks even more remote. Even Saudi Aramco shares are now trading below their offer price.

Countries embarking on wars often expect they’ll be over in a few months, only to discover their opponents were stronger than they thought. Should this turn into a prolonged fight, Moscow is unlikely to be the first player to fold.

[lightfoot]

https://twitter.com/realDonaldTrump/status/1236778368533700609
Anyone who thinks Trump isnt going to attack these market sell offs with everything at his disposal is underestimating his ego and desire to be elected again.

62 days to the Halvening and all fundamentals are well and bullish. 

Sure, but what's he got? I mean he can send the army in to demand that people consume and travel and PRODUCE at the barrel of a gun. He can have traders who sell stocks executed, he can declare it to be treason to say anything but good things about the economy.

Maybe pass the "Stand still" law where no one is allowed to quit their jobs, everyone must consume and produce at 2019 levels, and companies can fire people who then become surplus goods to be "managed". That could work. Sort of.....

(Why yes, I'm re-reading Atlas Shrugged. Man this book is the perfect combination of shit porn, endless speeches, drivel, and interesting concepts.)

[fillippone]

<...>

UPDATE:

The situation in Italy: March 8, 2020, 6.00 p.m.
POSITIVE 6387
DECEASED 366
HEALED 622


Press conference of the Head of Civil Protection Angelo Borrelli at 6 pm on 8 March:

7375 people who contracted the virus, currently positive 6387, 366 died and 622 recovered.
Among the 5061 positives:

2180 are found in home isolation
3557 hospitalized with symptoms
650 in intensive care

A couple of graphs I made myself on the Johns Hopkins University Database
https://github.com/CSSEGISandData/COVID-19

Each graph plots the number of occurrence of the appropriate case, starting from the first day when such occurrence was registered on each region.


Please note the logarithmic scale.

Now someone explain me:

• What's wrong with Italy? (More death than any other countries, considering Positives: i.e. fatality rate?
• What's wrong with Germany (Positives in line with other countries, no deaths)
• What's wrong with US/UK (Very few death considering the positives)

Fatality Rate computed for your convenience:

Code:

Region   Positives  Death  P/D
China    80652      3070   3.81%
Italy    7375       366    4.96%
Germany  799        0      0
Spain    500        10     0.02%
US       2584       16     0.62%
UK       206        2      0.97%

*SPANISH CORONAVIRUS CASES JUMP TO 999: HEALTH MINISTRY

[/color]

Spanish Coronavirus Cases Jump to 999 from 589: Health Ministry
By Rodrigo Orihuela
(Bloomberg) -- Reported cases of coronavirus jumped to 999 as of Monday, up from 589 on March 8, according to the health ministry.
The main epicenters of the outbreak in Spain are the capital Madrid and the northern region of the Basque country, according to health ministry official Fernando Simon

[psycodad]

Get paid to have coronavirus: Scientists will pay volunteers £3,500 to be infected in experiments to develop a vaccine.

https://www.dailymail.co.uk/news/article-8090761/amp/Get-PAID-coronavirus-Scientists-London-pay-volunteers-3-500-develop-vaccine.html?__twitter_impression=true

Once they raise it to 2BTC at least, I might become interested infected.