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

[goldkingcoiner]

There goes all hope for ATH this year.

So a fast drop is possible, a fast pump isn't?? Weird to look at it.

Possible, sure. Probable? No. Especially with the corona scare. I think we are looking at another year of sideways.



edit: Don't listen to me. Really, I am just pissed at the fact I have no fiat to buy coin.

[Torque]

Gold is down too btw. Store of Value my ass.

Ha!

I bet Peter Schiff woke up, checked the BTC price, took a victory lap, and started writing another article about how Bitcoin isn't a "safe haven" like Gold...

...and then checked the metals price.    

[Lambie Slayer]

https://en.wikipedia.org/wiki/Executive_Order_6102

"Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States"."

Bernie could do this with Bitcoin. Do I think he would, idk, but Im sure Trump or Biden wouldn't. True it wouldnt censor Bitcoin, but an executive order banning Bitcoin ownership would put me out of the hodl game.

Its the extreme leftists Bernie would appoint to power that I would worry about most. A Bernie Fed ran by a communist bartender chick could easily ban Bitcoin.

These seem to be baseless, McCarthy era-level fears. I hope you don't actually believe this and are just using hyperbole to state your beliefs. Regardless, you're right in that its almost a moot point. America can now prepare itself for 4 more years of mediocrity and flow of wealth from the middle class to the rich.

Yeah, after the latest primaries it is a moot point. Its not that I was convinced it was likely for Bernie to do that. I just wanted to illustrate that any President could do that.

While I feel it would be unlikely for Bernie, Biden, or Trump to ban Bitcoin, I believe administrations and appointees of Trump and Biden would be less likely than administrations and appointees of Bernie to be hostile to it.

So thats why I considered it Bullish for Bitcoin that Biden did so well.

[Globb0]

Just talked to my old man, they went out and stocked up on food a few days ago. Today, everything is gone. Just a huge mob of people everywhere trying to grab whatever is still left. So glad they listened to me before it was too late. Thanks to everyone helping with keeping people informed.

I got the last pack of the wagyu steak burgers yesterday, it was horrendous

[KonstantinosM]

I just bought the dip, Just a little bit, I think that a year or two from now, we'll be looking back at this as a discount. I'm an optimist, next time we're getting to 20k, we're smashing through it like wet toilet paper.

edit: Bought at 7,664

I still stand by my position. I'll try to buy more on my next paycheck if these prices hold or improve. Why are people whining about getting a discount?

[peonminer]

So, will we still be able to use BTC during the apocalypse?

[Wekkel]

I just bought the dip, Just a little bit, I think that a year or two from now, we'll be looking back at this as a discount. I'm an optimist, next time we're getting to 20k, we're smashing through it like wet toilet paper.

edit: Bought at 7,664

I still stand by my position. I'll try to buy more on my next paycheck if these prices hold or improve. Why are people whining about getting a discount?

Because most people are emotional bitches and lousy traders.

You, on the other hand, are winning.

[Wekkel]

The only thing still missing is the forum going down 

Nostalgia 

[Torque]

Btw, the gleaming bright side to all of this crap:

Once this bear market is over (in all markets) and has bottomed, we won't see this type of thing again for a VERY long time.

Mark my words, we'll have another ten year epic bull run that will defy all gravity, logic, and common sense.

The Fed will make sure of it.

[strawbs]

The only thing still missing is the forum going down 

Nostalgia 

And MtGox getting DDOS'ed

[vapourminer]

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...

yes, something to do that can actually help. its a good feeling.

just have the desktop with its 1080ti folding now, need to pull some other mothballed cards out and set them up.

WU 11745

[sirazimuth]

....Because most people are emotional bitches and lousy traders.

Years ago, I got emotional once, and shook my fist at a rain cloud...

[Wekkel]

Mark my words, we'll have another ten year epic bull run that will defy all gravity, logic, and common sense. The Fed will make sure of it.

Or the ‘FED effect’ will make the next bubble faster than ever because:

They. Won’t. Even. Be. Pretending. Anymore.

[Wilhelm]

The only thing still missing is the forum going down 

Nostalgia 

And MtGox getting DDOS'ed

Good 'ol days of pump 'n dumping 

[infofront]

Btw, the gleaming bright side to all of this crap:

Once this bear market is over (in all markets) and has bottomed, we won't see this type of thing again for a VERY long time.

Mark my words, we'll have another ten year epic bull run that will defy all gravity, logic, and common sense.

The Fed will make sure of it.

I've been wondering about that. How long will 0% interest rates and QE keep working? It seems we get diminishing returns from that nonsense.

[bitcoinPsycho]

Hilarious fact of the day: BSV TO USD -40%

[Torque]

Btw, the gleaming bright side to all of this crap:

Once this bear market is over (in all markets) and has bottomed, we won't see this type of thing again for a VERY long time.

Mark my words, we'll have another ten year epic bull run that will defy all gravity, logic, and common sense.

The Fed will make sure of it.

I've been wondering about that. How long will 0% interest rates and QE keep working? It seems we get diminishing returns from that nonsense.

It'll only keep working for the investment banks and corps through stock buybacks and debt/equity swaps. I suppose they can keep that going for quite a long time. The markets will keep going up, because there's nowhere else for that money to go.

For main street, inflation will continue to rise.

[Torque]

I still think this whole thing is all bullshit. When you look at stock charts of various companies, there was a massive run-up since about October.

The first coronavirus news hit in what, December?  Gee, how convenient that timing? Somebody (insiders) obviously knew something well ahead of the public.

Most stocks have barely even walked back to their pre-October '19 levels yet, much less going back a year or two.

[El duderino_]

New poll, what concerns the WO most

BTC or Corona

[peonminer]

I still think this whole thing is all bullshit. When you look at stock charts of various companies, there was a massive run-up since about October.

The first coronavirus news hit in what, December?  Gee, how convenient that timing? Somebody (insiders) obviously knew something well ahead of the public.

Most stocks have barely even walked back to their pre-October '19 levels yet, much less going back a year or two.

https://youtu.be/__VQX2Xn7tI

We've only just begun to live
White lace and promises
A kiss for luck and we're on our way
We've only begun

Before the rising sun we fly
So many roads to choose
We start out walking and learn to run
And yes, we've just begun

Sharing horizons that are new to us
Watching the signs along the way
Talking it over just the two of us
Working together day to day
Together

And when the evening comes we smile
So much of life ahead
We'll find a place where there's room to grow
And yes, We've just begun