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

[Quickseller]

Did bitcoin catch the coronavirus this morning? It went down 1,000 points in like 30 minutes.

Damn, you serious.... didn’t notice that one....

I don’t think we have seen swings like that with no underlying news related to bitcoin in a long time.

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[El duderino_]

Buy now.

Best advice I have seen today on the WO.....

This is some real financial advice, don’t dyor .... just follow

Cause most of the n00bs not knowing what they are doing ¯\_(ツ)_/¯

[vapourminer]

I picked the wrong day to quit shooting krokodil in my eye

i miss my glue sniffing days about now.

[El duderino_]

Did bitcoin catch the coronavirus this morning? It went down 1,000 points in like 30 minutes.

Damn, you serious.... didn’t notice that one....

I don’t think we have seen swings like that with no underlying news related to bitcoin in a long time.

For me that is a correct statement .... These swings have been outrageous

[El duderino_]

Belgium and Netherlands going hard on Corona, if I’m right the Netherlands are in 30 days of lockdown and Belgium can follow in short term imo

[julian071]

Belgium and Netherlands going hard on Corona, if I’m right the Netherlands are in 30 days of lockdown and Belgium can follow in short term imo

We're not going in lockdown yet. My university is staying open, however classes of 100+ ppl will be done digitally.

[Wekkel]

Once people start getting the sickness, the current 'pseudo-lockdown' will effectively become a lockdown.

To save the elderly and sick (no problems  with that).

[mindrust]

Fuck the FED, where the fuck is Bank of Bitfinex? If not going to print tether now, WHEN?

Somebody wake the CEO of Finex because FED is ded baby. FED is ded.

C'mon blorgsteam give us the liquidity or children will die!

[Torque]

Is it time to buy TLRY? Lol

[Wekkel]

TLRY, you mean a cannabis compnay?

[Hueristic]

Strange times to live in and be a part of....

Are we in a Chinese curse?

"May you live in interesting times".

How apropos.

[Torque]

TLRY, you mean a cannabis compnay?

Yes, and I'm being sarcastic. Just look at their chart. Hell look at any public cannabis company's chart. Worst stocks to buy ever.

[bitcoinPsycho]

$7000 BTC in one hour 

[hodl_2015]

Fuck I need a beer after all this shit.

I have nothing stronger than 2% in the house and have to work tomorrow but I'm making an exception.

[mindrust]

Statement Regarding Treasury Reserve Management Purchases and Repurchase Operations

Today, March 12, 2020, the Desk will offer $500 billion in a three-month repo operation at 1:30 pm ET that will settle on March 13, 2020.  Tomorrow, the Desk will further offer $500 billion in a three-month repo operation and $500 billion in a one-month repo operation for same day settlement.  Three-month and one-month repo operations for $500 billion will be offered on a weekly basis for the remainder of the monthly schedule.  The Desk will continue to offer at least $175 billion in daily overnight repo operations and at least $45 billion in two-week term repo operations twice per week over this period.

[sirazimuth]

I picked the wrong day to quit shooting krokodil in my eye

i miss my glue sniffing days about now.

Reminds me of the time back in college when some dude gave me a sealed can of pharmaceutical liquid ether
that came from a dentist office as payment on a debt (don’t ask ).
Back in the day they used it like laughing gas as an anesthetic to put patients under.
You dipped a clean rag in the ether and throw the rag in a paper bag
and take a couple of huffs from the bag...instant buzz! Lol
That night we had an ether party in dorm room. To this day, the only one that’s ever occurred, no doubt.
Next morning I was at the bank (with an ether hangover) and the teller was like
“Hey, you smell that? It smells like a doctors office!”
I was like “yeah I do! I wonder where that’s coming from!...”

Yes folks, my college days were interesting to say the least

Ok, back to observing viruses & tanking markets.

[Stevenirving]

Just woke up. Cant believe there is such an amazng time to invest again... he said crying into his cereal.

To anyone panicking remember all u gotta do is sit tight. Hodl and wait. Unless the human race is about to go extinct this will pass as it always does and bitcoin will rebound.
Like always use this time to accrue more hodlings.

[Torque]

QE4 is official, guys. Because the Fed needed a reason the public would accept.

https://www.cnbc.com/2020/03/12/fed-to-pump-more-than-500-billion-into-short-term-bank-funding-expand-types-of-security-purchases.html

[Lambie Slayer]

I can't believe the Bargain Boyz got their shot.

OTOH, so happy for the discounted extra coins.
Fiat hit exchange so fast, I didn't even blink.

We have our double bottom on the 200 WMA.
THANK YOU WHALES. YOU MAY FUCK OFF NOW.

I dont think Bargain Boyz were expecting this, but I can tell by the volume they scooped up a ton of coins in the Bargain Buy Zone.

[mindrust]

QE4 is official, guys. Because the Fed needed a reason the public would accept.

https://www.cnbc.com/2020/03/12/fed-to-pump-more-than-500-billion-into-short-term-bank-funding-expand-types-of-security-purchases.html

This is all over 2008 again.

Good news, $100k/btc incoming.  Bad news, $100 for a loaf of bread, or a roll of TP