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

[fillippone]

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

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

VIDEO ATTACHED
snip

Best part is when daddy finally runs and abandons his family.
Instant divorce reason, imho.

I read some opinion on titter today, that the dumps are caused by miners to buy rigs in advance to the halvening.
Would make quite some sense.

Can you provide a reference for this?
Would be nice to confirm honey badger doesn’t give a fuck and follows his own logic while the rest of the world routs.

https://twitter.com/BurgerCryptoAM/status/1236923375689359360

First comment on this tweet, from "LogD".

So the idea is the following:

• Difficulty is increasing steadily over the last adjustments according to https://btc.com/stats/diff. Hash rate has already grown more than 20% YtD.
• Next expected difficulty adjustment is still expected upwards. It is too early to call for a reliable estimante , but according to https://diff.cryptothis.com/ will be between+0.5% and + 7.50%
• Bitmain has just introduced the S19 and S19 PRO miners, which are going to destroy the s9 miners.
• Halving is exactly two months time (according to https://www.bitcoinblockhalf.com/). This will put a lot of pressure on less efficient miners, pushing their mining profitability below the survivor ship minimum threshold.
• Market is thin and nervous around critical supports, a whale selling could trigger lower levels to profit from.

So yes, this is a reasonable explanation in my opinion, why miners could have been actually selling this market.
I doubt however they had the firing power, or the interest, to start this movement.

[dragonvslinux]

Are you kidding me! 13 pages to catch up since I went to bed. If this is 13 pages of nonsense I will be angry.

It's mainly just people such as yourself questioning why there are so many pages to catch up on 

[Biodom]

A small comment to TA people who make a big deal (BD) out of violations of various imaginary lines: don't do it.

Extreme circumstances such as market crashes, virus, etc don't follow imaginary lines aka short term violation of such lines is NBD.
Look what MSFT did during the 1987 crash and what followed in the next 10-13 years.

[Arriemoller]

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)

They are Norwegian, and I'm pretty sure it's from a movie.

[Spaceman_Spiff_Original]

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)

They are Norwegian, and I'm pretty sure it's from a movie.

Yup, it's from a movie called "Force Majeure" (aka Turist).

[BTCMILLIONAIRE]

https://www.youtube.com/watch?v=EbyPW8lJX2E

Tucker doing his best to play corona down again. He's been trying really hard to turn it into a meme for the past few months.
Must be trying to get people to take it lightly so they end up getting infected and dying or something.

Clearly that population control plan that Roach and other tinfoilers were talking about for so long.


Given that Hairy is in the same boat as Roach now I suppose it's safe to assume that we're out of conspiracy theory territory and in established factual reality with this assessment.


Everybody start panicking right now. This is not a drill.

[BTCMILLIONAIRE]

Fucking banned from Twitter for 7 days. Used the new meme "OK groomer" against a well-known Twitter paedophile, and I'm the one banned for "hate speech".

San Francisco needs to fall into the ocean already.

Didn't know you were a trans-age-phobic bigot. Proud of you.

Also thanks for hooking me up with a new meme that slipped my attention.

[marcus_of_augustus]

Anyone remember this chart from back in Feb 2? By now we should be at well over a million dead, what the fuck happened?

Sad.

It's still going exponential but measures taken to date near the epicenter have bought some time (skewed R_0). Notably Singapore, Taiwan and Hong Kong have adopted excellent public information and transparency measures that essentially crowd source the public to do much of the contract tracing and reporting, self-isolating, etc. China went full draconian and beat it into submission, along with their people and their economy (if you believe anything coming out of CCP)

The West's socialised inept bureaucrat top down message management is letting it take hold in Western countries.

Outside china fatalities are now at >800 and doubling every 3 days ... I'll let you do the math on when we reach the million mark IF nothing is changed in the containment approach (Italy went full retard because they let it get out of control).

Sad.

[JayJuanGee]

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  

I agree with Majormax in terms of the flaw in the poll (not in terms of his seemingly extreme bearishness - even though he has a right to hold such seemingly outrageously bearish and unrealistic views), and surely it is better if the poll has all possible answers even if the answers seem a bit outrageous to some... kind of like a catch-all that goes to one extreme or another.

Sure, sometimes troll/shills are going to answer the extreme(s), even if they themselves do NOT agree with their own expressed point of view.

There are probably some folks who genuinely believe that BTC will never go to $10k again, too.  Fuck their ideas, but they have a right to express them, even if many of us think that they are gravitating towards nutjob status.**  

** I am not saying that you, majormax, are a nutjob, but surely, you have been providing quite a bit of evidence for such, recently, with your ongoing negative extremes that you actually seem to believe....  

[Arriemoller]

Greta sex doll anyone? https://twitter.com/andietheaspie/status/1234144522298372101   

That is so disturbing. Apparently she will say How dare you! when you fuck her ass.

Whatever rocks your boat man, "And I don't even have to shave it" was the real turn on for me.

So, so hot.

I know it's a fake, but if someone actually made one it would probably sell like crazy.

[Arriemoller]

Greta sex doll anyone? https://twitter.com/andietheaspie/status/1234144522298372101   

That is so disturbing. Apparently she will say How dare you! when you fuck her ass.

Whatever rocks your boat man, "And I don't even have to shave it" was the real turn on for me.

So, so hot.

F*ck that. I wouldn't even get hard by an angry naked teen chick. I need real women.

Angry naked chicks.

[xhomerx10]

Greta sex doll anyone? https://twitter.com/andietheaspie/status/1234144522298372101   

That is so disturbing. Apparently she will say How dare you! when you fuck her ass.

Whatever rocks your boat man, "And I don't even have to shave it" was the real turn on for me.

So, so hot.

F*ck that. I wouldn't even get hard by an angry naked teen chick. I need real women.

Angry naked chicks.

 Not sure why they have to get naked for their protest but that chick in the left rear of the photo forgot to shave.

[JayJuanGee]

People buying now are not "lucky". They are informed.

As it always has been.

I wish I'd been informed about Bitcoin before January 2013. I'd be rich now instead of merely comfortable.

It is difficult to know for sure.

When I looked into bitcoin in November 2013, I had heard about bitcoin earlier, and I even had it book marked as "something to look into", but I am not sure how much I would have been willing to put into it when it was more difficult to do.  There was certainly some kind of legitimacy that came to bitcoin with the market increase in late 2013.. and subsequent market increases (such as 2015-2017) gave further validation to bitcoin.

On the other hand, there surely is some truth to, if I knew then what I know now, then I would have acted differently.

I have told the story previously that in about September through November 2013, I had been spending some time reallocating some of my investments, and by the time I had looked into bitcoin in late November 2013, I had already taken some considerable efforts towards reallocating some capital into various traditional markets that were really not very different from my already existing investments.  In late 2014, I did move those funds into bitcoin... the funds that I had invested in late 2013, and so in the end, it probably all worked out.. because those funds ended up spending a year (long term capital gains thinking) in other investments before getting repurposed towards bitcoin (and BTC prices were somewhat lower (or at least they were not really higher) in late 2014, when they ended up going into bitcoin, anyhow).**

Maybe some of the gist of my story, anyhow, is that it all seems to kind of work out in the end, especially if guys (and gal) exercise some kind of prudence and a longer kind of time horizon.  Yeah, sure, I could have bought some bitcoin cheaper, but my level of readiness is kind of a product of a lot of facts, and gosh there was so many other things going on in my life in 2011, 2012 and early 2013 that I just did not seem to have time for dat, anyhow... until I was kind of ready.. and I was kind of looking.. and I was kind of able to spend some time learning how I was going to approach the whole matter, mistakes and all... The vast majority of us have made some mistakes, I would venture to assert, no?

By the way, there are some folks that I attempt to inform about bitcoin, and it takes a whole hell of a lot for them to become ready, so i have to pat myself on the back, to some degree, for NOT seeming to be as stubborn as them, in terms of my ability to recognize some hedging opportunities with bitcoin and also some unique aspects to be able to invest into bitcoin at my own pace and some flexibility (as well as risk) with that.... and accumulating over time and stacking sats (even though was not called stacking sats until recently)....

** By the way, in late 2014, I was kind of kicking myself for a large amount of 2015 because I had blown a decent amount of my fiat wadd in to buying quite a few BTC in the upper $300s and lower $400s because I largely had thought that to be the bottom, and then we had nearly a whole year of $200s and even scary for lower on a few occasions.... , and a lot of my reallocation from traditional investments to BTC in late 2014 took place in relatively quick bundles... which kind of caused me to become somewhat fed up with myself in early 2015.. and even thinking that I have done enough in terms of getting a bitcoin stake.. and just ride out the remainder of any dips and just slowly DCA in 2015.. rather than feeling any kind of urgency in the matter to buy lower.. blah blah blah..

[LUCKMCFLY]

Bitcoin Halving is approaching, many expectations are noted.

BITCOIN MINING DIFFICULTY SEES HUGE 6.8% INCREASE

#bitcoin

difficulty adjustment appr. +6,8% today.

I marked the adj. of 5%+ (relevant adj.) from 2015.

green = price higher/equal until next relevant Adj.
red = price lower until next relevant adj.

a relevant adj. doesn´t lead to higher prices in general but often.

Twitter: https://twitter.com/BitcoinPrinter/status/1236971695795253253

Bitcoin’s hash rate difficulty increased by almost 7% today at 5:50 am. The next scheduled difficulty rate recalibration will take place on March 21st at the very earliest, or in 2016 blocks. As difficulty increases it makes the network much harder to attack.

Source: https://bitcoinist.com/bitcoin-mining-difficulty-sees-huge-6-8-increase/

[Ibian]

Define real women.

Here is a basic algorithm for picking the right woman

Code:

def woman():
    x = int(input("How big her ass is? (1-10)"))
    y = int(input("How big her tits are? (1-10)"))
    z = int(input("What is her age? (1-100)"))
    t = input("Does she laugh when you make stupid jokes? (yes-no)")

    p = x*y

    if z<30 and z>20 and p>50 and t=="yes":
        print("That's the woman you want to marry yo!")
    else:
        print("Skip to the next candidate.")

woman()

I would quibble with that formula. Quite frankly, if a woman can not give you at least 3-5 kids then she is not good enough. 29 is way, way too old.

You don't want to have more than 2 kids especially when everybody and everything is super stupid in the last 10-15 years.

I wouldn't want my child to watch retarded youtubers on youtube for example. I grow up by watching pokémon and that was the most awesome shit I have ever witnessed.

Even 2 kids is too much tbh. It is either 1 or none. My logic says none but biology says at least one.

So 29 is OK to me.

2 is not enough. It takes more than that just for the species to survive. And the older she is the dumber and sicker the kid will be.

[JayJuanGee]

You must have missed my post

https://bitcointalk.org/index.php?topic=178336.msg53981753#msg53981753

 where I said once I saw the Diamond Princess stats on infections and deaths I ceased to worry bc this is just a bit more lethal than a nasty flu. During the Wuhan shitshow, nobody knew exactly what was going on and the possibility of it being really bad was a real thing. Now, its all just hype and panic over very little.

I did notice your posts bouncing all over the place.

hahahahaha

Lambie bambie, the wannabe WO thread sorcerer, makes sure that s/he/it covers  "all bases."  That way, in the future, s/he/it can proclaim that s/he/it had been prescient.

 

[JayJuanGee]

This whole thing where bitcoin price is following the stock market tells us one thing.

We need to shift the focus of Bitcoin from market and price to utility and actually using it as a currency.

Totally agree.  However, that's been the case for years and similar posts have been on this very thread since I started reading it in 2014. Unfortunately, the whole 'HODL until I'm rich' mentality has undermined the very purpose of BTC.

The purpose is to make me rich. It does that well.

Oh, and can we finally put to bed the whole idea of BTC as a safe haven - whilst global stock markets face their worst day since the 2008 financial crisis, BTC tanks even more.  If BTC really was a safe haven, it would be mooning now. Gold still seems to be the haven of choice.

Not how markets work.

Exactly, Ibian...

Bitcoin is not broken, so when the time comes to spend or whatever, no need to worry, peeps are going to spend.  I would rather spend a few bitcoins and eat than to starve, and surely we cannot take our bitcoins with us.

Otherwise, fuck it, I am going to spend my shittier money first, and bitcoin can generate shittier money, and I don't really need to spend my bitcoin.. maybe just a fraction, here and there.

Sure, some people are going to need to spend more of their bitcoin because they might not have any shittier money.  Bitcoin is the least shitty of any money, that is why people prefer to HODL it rather than to spend it.

[JayJuanGee]

God-fucking-damnit... This bleeding. Just bought more dip @ $7,400... Muh wallet... Going to have to start rationing my powder at this rate...

Sheeeeeeit.

So far, my lowest buys have been at $7,8xx... So far, the BTC price has not even reached my buy order sets in the lower $7,6xx.  So yeah, I have four sets of buys still outstanding in the $7,xxxs (hopefully they do not fill) in the $7,6xx, $7,4xx, $7,2xx, and $7,0xx.  Next sell order is currently at about $8,7xx.. hoping that will fill first (and of course, my sell orders are only a fraction of my BTC stash.. they are like in the .1% arena, so it takes about 10 of those to fill before I have even sold 10% of my stash... more or less.

We still seem to be in a pretty decent place.. as Hairy's 4 year fractal overlay had shown.. and of course the stock to flow and all of that seem to be tracking quite o.k., too...... but still feel better to go up before down, even though some down from time to time does seem to be a kind of necessary evil, too... ...

I am going to HOLD off any reorganizing of my fiat (or powder, as you say), until we get into the lower $6ks, and surely I hope that we do not get there.. because I would prefer NOT to have to engage in any powder reorganizing.. it can a bit messy...and inhaling fumes (from the powder) and all of that...  

I'm fucking out of cash boys.

Better hope that the "bottom is in" at $7,636... or somewhere in such territory.

Perhaps if we float around here for a week or two, you will have more cash come in?  I am not saying that we are going to float around here.. just a hypothetical.

Coronavirus is bullish for the King.

Obviously not..

You guys still think china virus is bullish?

What happened? Why are we following the DOW instead of the inverse?

Is Bitcoin just a luxury?

Get a grip, eddie13.

You should not be attempting to measure any kind of meaningful correlation based on short-term price moves.

Looks like you are merely engaging in emotional outbursts rather than attempting to think through the situation and attempt to assess longer term facts (including potentialities).

[ChuckBuck]

Guys, has anyone seen the news about these books yet 

I see it in articles, here and here
I'm not a superstitious person, but they surprised me, is it a coincidence? Or is prophecy really accurate? They even mention Wuhan - China 

[Paashaas]

Coronavirus update:

There are 114,422 confirmed cases worldwide, with 4,027 deaths.

- Wall Street suffered its biggest one-day loss since the 2008 financial crisis on Monday and recession looming.

- US deaths hit 27 with 708 cases. LA reports first case of community spread.

- New Jersey, Ohio, Rhode Island, Illinois, Oregon, New York, Maryland, California, and Washington declared state of emergency.

- Santa Clara County in California bans mass gatherings with more than 1,000 people.

- Italy reports 1,797 new cases, bringing total to 9,172 as deaths increases to 463.

- The whole of Italy is being put on lockdown as the country tries to stop the spread of coronavirus. All public gatherings will be banned, sports events including football matches are suspended, and movement is being severely restricted across the nation. Until 3 April, around 60 million people will effectively be under quarantine.

- Mongolia puts capital city on lockdown.

- Israel closes border to all foreigners, passengers arriving from all countries will be sent back if they cannot quarantine themselves for 2 weeks.

- 21 passengers and crew tested positive for Covid-19 on The GrandPrincess in San Francisco.

- Australia’s Qantas airline has reduced its international flights.

- Egypt has placed a nationwide suspension on any large gatherings of citizens.

- Anyone arriving in the UK from Italy should self isolate for two weeks.

- First 2 deaths recorded in Germany. Canada reports first death in British Columbia.

- 7 dead as prison riots spread across Italy.

- Hungary stops flights to and from Northern Italy.

- Dutch infections climb to 321. Spain 1,231 cases with 30 deaths.



https://www.worldometers.info/coronavirus/