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

[peonminer]

That may well have been the longest ever post (in vertical pixels) on here??

If you check my Wall Observer thread posts from back in 2015-1017 I'm sure you'll find much longer ones, lol.

Holy freaking beartrap batman

One of my old favs:

http://fortune.com/2015/12/16/feds-rate-hit-you/

In one of the worst kept secrets in economic history, the Federal Reserve is expected to officially increasing its benchmark interest rate to 0.25% on Wednesday. Martin Hochstein of Allianz Global Investors estimates that investors believe that the Fed will eventually raise the interest rate to 1.2% by 2017. But according to the Fed’s economic projections, rates are likely to reach 2.6% by 2017. Historically speaking, though, Hochstein found that analysts underestimated the last three rate hike cycles. So that 1.4 percentage point difference is a “huge gap that could start some troubles,” added Hochstein.

http://www.ustream.tv/federalreserve



Assets and Liabilities of Commercial Banks in the United States (Weekly) - H.8 - Release Date: December 11, 2015
http://www.federalreserve.gov/releases/h8/current/default.htm




The FED is in worse shape than we thought. Looks like the FED is on a famous down hill Jamaican bobsled team. FED is well on its way to finishing at the bottom first.

Transcript of Chair Yellen’s Press Conference Opening Remarks December 16, 2015

http://www.federalreserve.gov/mediacenter/files/fomcpresconf20151216.pdf

The median projection for the federal funds rate rises gradually to nearly 1-1/2 percent in
late 2016 and 2-1/2 percent in late 2017. As the factors restraining economic growth continue to
fade over time, the median rate rises to 3-1/4 percent by the end of 2018, close to its longer-run
normal level.

 The Board of Governors also approved a 1/4 percentage point increase in the discount rate
 for primary credit to 1 percent.

Economic projections of Federal Reserve Board members and Federal Reserve Bank presidents December 16, 2015

http://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20151216.pdf


GDP stagnant and decreasing = √
Unemployment headed higher = √
PCE inflation about to spike up = √
FED rate headed for 4% hike = √
FED inflation target at 2% = √
Total US debt $60,000,000,000,000.00 = √

There are some things USD can't buy.

For everything else, there's BTCitcoin.

[OutOfMemory]

That was unexpected!

At previous drops I've often seen "the Chinese" get blamed. This is new, I would say this is a test for Bitcoin as "save haven".

this is a test of bitcoin period.

bitcoin will stand. It's more a test of holders. (not hodlers)

[jojo69]

[strawbs]

It's funny thinking back to huge posts from long ago.  When I first made a bookmark for the WO, it was on page 673. Now whenever I come on here, it opens on that page, so I'm destined to see Frozenlock's twitching eyebrows forevermore (unless I were to update my bookmark, but where's the fun in that?).  Leads me to ponder whatever happened to folk who were posting back then.  I sometimes wonder what the ratios are for:

Still Around : Bored of WO and signed off : Got Wrecked and signed off : Made Enough to Retire and Disappeared : Suffered Psychosis and Disappeared : Died

[jojo69]

https://foldingforum.org/viewtopic.php?f=66&t=32274&sid=493ce04581b810b028f545e2287e65c8

Code:

All projects are using the new OpenMM GPU Core22.

11741: Coronavirus SARS-CoV-2 (COVID-19 causing virus) receptor binding domain in complex with human receptor ACE2. atoms: 165550, credit: 15396

11742: Coronavirus SARS-CoV-2 (COVID-19 causing virus) protease in complex with an inhibitor. atoms: 62227, credit: 9405

11743: Coronavirus SARS-CoV-2 (COVID-19 causing virus) protease - potential drug target. atoms: 62180, credit: 9405

11744: Coronavirus SARS-CoV (SARS causing virus) receptor binding domain trapped by a SARS-CoV S230 antibody. atoms: 109578, credit: 7608

11745: Coronavirus SARS-CoV (SARS causing virus) receptor binding domain mutated to the SARS-CoV-2 (COVID-19 causing virus) trapped by a SARS-CoV S230 antibody. atoms: 110370, credit: 7685

11746: Coronavirus SARS-CoV-2 (COVID-19 causing virus) receptor binding domain in complex with human receptor ACE2 (alternative structure to 11741). atoms: 182699, credit: 16615[

time to get some gear folding again. a mining board with its 1 PCIe lane per gpu will likely suck but i have some other mobos lying around i can use.

Yeah, I have my project for the day.

Probably be opening the windows by tonight even though it is still winter here.

Finally a way to DO something...

[sirazimuth]

No worries folks.
This whole terrible clusterfuck will all be over when the asteroid hits.
And you won’t even know....

[Phil_S]

U.S. Markets just opened.

Falling.

A lot.

[xyzzy099]

It's funny thinking back to huge posts from long ago.  When I first made a bookmark for the WO, it was on page 673. Now whenever I come on here, it opens on that page, so I'm destined to see Frozenlock's twitching eyebrows forevermore (unless I were to update my bookmark, but where's the fun in that?).  Leads me to ponder whatever happened to folk who were posting back then.  I sometimes wonder what the ratios are for:

Still Around : Bored of WO and signed off : Got Wrecked and signed off : Made Enough to Retire and Disappeared : Suffered Psychosis and Disappeared : Died

Why use a bookmark?  If you just add the thread to your watch list you won't have this issue.

[mindrust]

I think i am starting to get scared now.

5850

[strawbs]

It's funny thinking back to huge posts from long ago.  When I first made a bookmark for the WO, it was on page 673. Now whenever I come on here, it opens on that page, so I'm destined to see Frozenlock's twitching eyebrows forevermore (unless I were to update my bookmark, but where's the fun in that?).  Leads me to ponder whatever happened to folk who were posting back then.  I sometimes wonder what the ratios are for:

Still Around : Bored of WO and signed off : Got Wrecked and signed off : Made Enough to Retire and Disappeared : Suffered Psychosis and Disappeared : Died

Why use a bookmark?  If you just add the thread to your watch list you won't have this issue.

I like the nostalgia 

[infofront]

I think i am starting to get scared now.

5850

Shit. I got scared when I woke up this morning and saw $6K. Anyway, that newest Masterluc chart shows ~$5,500 as the bottom of the triangle. If we go below that, it's time to get really scared.

[Lambie Slayer]

I haven't thought too much ........

Well, obviously.   



 

This would have been a good zinger GayJG, perhaps your first one yet after taking countless losses at the hands of yours truly.

But.... You chose to use a sexually confused man who prayed the gay away to represent your thoughts in the meme. Hmmm..... not helping with the GayJG label I put on you.  

https://www.huffpost.com/entry/antoine-dodson-no-longer-into-homosexuality-gay_n_3209170

[Cryptotourist]

I think i am starting to get scared now.

5850

Have faith bro, you did well today.

Unless,

If we go below that, it's time to get really scared.

[bitserve]

We are all gonna die... poor.

[peonminer]

U.S. Markets just opened.

Falling.

A lot.

https://youtu.be/mPBzujm-cF8

So sorry, as I've missed you
Hair, I was whipping round
So high up, got my chin up
I don't care if I never come down
I don't care if I never come down

So sorry, as I've missed you
Running with the crazy crowd
I'm climbing, going higher
I don't care if I never come down
I don't care if I never come down
I don't care if I never come down

So sorry, as I've missed you
Hair, I was whipping round
So high up, got my chin up
I don't care if I never come down
I don't care if I never come down

[El duderino_]

I think i am starting to get scared now.

5850

No not you my friend.... you hoping for 4K  

[Cryptotourist]

That's @$5500 and whereabouts.
Also includes closing a daily candle.

Foooook meeeeee...

[Phil_S]

S&P 500 drops 7%, triggering NYSE ‘circuit breaker’ trading halt for 15 minutes

The S&P 500 dropped 7% shortly after the open, triggering a 15-minute “circuit breaker,” which temporarily halts trading at the New York Stock Exchange. The broad index also joined the  Dow Jones Industrial Average in bear market territory. The 30-stock Dow slid more than 1,600 points, or 7.%. The Nasdaq Composite dropped 7%.


On Wednesday, the Dow ended its historic 11-year bull market run by closing in bear-market territory. A bear market marks a 20% decline from all-time highs.

[vapourminer]

That was unexpected!

At previous drops I've often seen "the Chinese" get blamed. This is new, I would say this is a test for Bitcoin as "save haven".

this is a test of bitcoin period.

bitcoin will stand. It's more a test of holders. (not hodlers)

im sure it will survive too. and while i cant say im enjoying all this pain (watched the stock exchange trip the 7% circuit breaker a few minutes ago).. much carnage still on the way.

in just reloading my fiat reserves now for more corn myself as my last buys triggered and im out.

[sirazimuth]

Hmmm....
pretty soon I reckon  I’ll be in the same boat as all those debt ridden millennials...

...with a runny nose....