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

[Lambie Slayer]

I was wondering why Roach isn't here to gloat, but then I saw Silver was down big today too.  

@Eddie13 you are right, the Dollar Boyz are the winners today. Bitcoin has been kicking their ass for 10 years though.  

[mindrust]

I was wondering why Roach isn't here to gloat, but then I saw Silver was down big today too.  

@Eddie13 you are right, the Dollar Boyz are the winners today. Bitcoin has been kicking their ass for 10 years though.  

It is so weird even the FED works with us against the FIAT hodlers yet they still win.

[sirazimuth]

Corona. Corona. Myyyy Corona!

Well.... it was only a matter of time before this came out eh?
(apologies if already posted, I'm usually late to these things as I don't live on my device 24/7)

[Lambie Slayer]

https://www.foxnews.com/world/china-says-new-coronavirus-cases-falling-it-is-past-peak-of-disease-report

"The Chinese National Health Commission has also emphasized that new cases outside of Hubei province have essentially ceased, with no new cases recorded outside of Wuhan on Wednesday, "

According to Reuters, new coronavirus cases in Hubei province, which contains Wuhan, the epicenter of the disease that Wednesday was declared a pandemic by the World Health Organization, totaled just eight on Thursday -- the lowest number recorded so far.

"Broadly speaking, the peak of the epidemic has passed for China," National Health Commission Spokesman Mi Feng said, according to Reuters."



Wont be long before this fizzles out everywhere else too.

The places with warmer climates aren't even having a real problem to begin with.

Money printers wont be able to unprint though.

[OutOfMemory]

Going down again?

What'll happen when we go below 200WMA I wonder. I guess it would be bad.

I guess so. I won't be touching my fiat until corona situation will easen up. I had some luck with trading today, since i saw the dip coming SOMA (#notliteral).
I bought back gradually about $200 up from the ADL on the way up tp 5.900
It looks like capitulation in 2019 now, but i still wait. I also waited back then, missed the dip by a few 100s, but i was satisfied. I do almost all trades manually, therefor quite rarely. I just wait out now, more fiat will be coming in the next 2-3 weeks. Can't await some more dips, will also be happy when the price is rising. I expect a slow rise, if any, in the near future, and so i can still buy without fomo-ing every little green candle.

[OutOfMemory]

Corona. Corona. Myyyy Corona!

Well.... it was only a matter of time before this came out eh?
(apologies if already posted, I'm usually late to these things as I don't live on my device 24/7)

This one was a month earlier:

https://www.youtube.com/watch?v=gDc_6KRaX6Q

It's funny and subtitled, but i think it was posted here before, too.
Jason Park (the singer) is also a fucking good skateboarder. Check some skate vids on the channel, he's awesome.

I'm too afraid to open my Blockfolio at this time. It seems like my portfolio caught the Coronavirus.

Yes, it happens the same to me.

I have an idea of the resulting total, but i dont want to see the exact number on the screen... Depressing 

I had alarms enabled for BTC in blockfolio, and it felt like having whatsapp installed (which i don't have). Ding-ding all day long...

[Lambie Slayer]

https://twitter.com/mitchellvii/status/1238115870355972096

"At it's height, COVID-19 infected .006% of the Chinese population.  And it had a big head start before draconian prevention measures were put into place.  It may have been spreading for months before anyone knew it existed.

.006% of the US population is 21,000."

 

[Ibian]

whining

If we didn't have the virus you would find something else to blame. Fluctuations happen. Part of the game. Nothing new.

[sirazimuth]

Corona. Corona. Myyyy Corona!

Well.... it was only a matter of time before this came out eh?
(apologies if already posted, I'm usually late to these things as I don't live on my device 24/7)

This one was a month earlier:

https://www.youtube.com/watch?v=gDc_6KRaX6Q

It's funny and subtitled, but i think it was posted here before, too.
Jason Park (the singer) is also a fucking good skateboarder. Check some skate vids on the channel, he's awesome.

Well, I'll give that dude's vid an "A" for effort anyway....

Feds announce massive market bailouts.. Bitcoin doesn't even move..

To be fair, the "market" wasn't impressed with those bailouts either... S&P is still down 8%.

Hey now! Nice to see you drop in my friend!  Stay safe and tell Techy I said hi!

[Ibian]

https://twitter.com/mitchellvii/status/1238115870355972096

"At it's height, COVID-19 infected .006% of the Chinese population.  And it had a big head start before draconian prevention measures were put into place.  It may have been spreading for months before anyone knew it existed.

.006% of the US population is 21,000."

 

Quoting for around 3/27. Feel like making a bet on how things will develop?

[eddie13]

whining

If we didn't have the virus you would find something else to blame. Fluctuations happen. Part of the game. Nothing new.

Uh... We are down almost 50% on something that is supposed to be bullish..
Right before the halving where we should be optimistic, we are in the gutter..

This ain't my first dump bro..
I held through the dump to under $200, I held the dump from $20k, and I've held this dump too..
But I am very disappointed in this dump off..

[Lambie Slayer]

COVBULL-19 has shown it has a narrow humidity and temperature range it prefers and is able to have big outbreaks thus far.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3550308

 "has established significant community spread in cities and regions only along a narrow east west distribution roughly along the 30-50 N” corridor at consistently similar weather patterns (5-11 degrees Celsius and 47-79% humidity).

There has been a lack of significant community establishment in expected locations that are based only on population proximity and extensive population interaction through travel. We have proposed a simplified model that shows a zone at increased risk for COVID-19 spread. Using weather modeling, it may be possible to predict the regions most likely to be at higher risk of significant community spread of COVID-19 in the upcoming weeks, allowing for concentration of public health efforts on surveillance and containment."

If you live outside of these ranges you should be good.

Once it warms up, those areas should be fine too.

COVBULL-19 hasnt even killed 5000 people yet in about 2.5 months. 200,000 babies were born today.

I could be wrong, but imho, this is gonna go down in the history books as one of the greatest overreactions of all time.

https://www.globaltrademag.com/the-spanish-flu-and-the-stock-market-the-pandemic-of-1919/

"the impact of the Spanish Flu on the stock market was minimal. If you look at the Dow Jones Industrial Average in 1918 and 1919, you can see that the stock market was relatively unaffected by any of the three waves of the Spanish flu. "

[mindrust]

The problem isn't the kill rate.

The problem is the virus slows down the economy.

People won't die from the virus, they'll die from hunger.

[JimboToronto]

Buy now.

Buy fucking everything except the shittiest of shitcoins

BSV?

[OutOfMemory]

COVBULL-19 hasnt even killed 5000 people yet in about 2.5 months. 200,000 babies were born today.

I could be wrong, but imho, this is gonna go down in the history books as one of the greatest overreactions of all time.

https://www.globaltrademag.com/the-spanish-flu-and-the-stock-market-the-pandemic-of-1919/

"the impact of the Spanish Flu on the stock market was minimal. If you look at the Dow Jones Industrial Average in 1918 and 1919, you can see that the stock market was relatively unaffected by any of the three waves of the Spanish flu. "

This is a sign of the times. Almost everybody is ready to freak out about anything. The media and politics have exploited and built the fear in folks so much to manipulate them, now it swings back. They just overdid it. Poor panicky people, i can feel for them, really. puppets on strings.

The problem isn't the kill rate.

The problem is the virus slows down the economy.

People won't die from the virus, they'll die from hunger.

The whole crux about explained in two sentences. Chapeau!

[Lambie Slayer]

https://twitter.com/mitchellvii/status/1238115870355972096

"At it's height, COVID-19 infected .006% of the Chinese population.  And it had a big head start before draconian prevention measures were put into place.  It may have been spreading for months before anyone knew it existed.

.006% of the US population is 21,000."

 

Quoting for around 3/27. Feel like making a bet on how things will develop?

I would be willing to bet you by 3/27 that Covbull deaths have not reached 90k which is about what worldometer has for the flu deaths so far this year.

Giving covbull 2 weeks to catch up should be childs play if its really all that deadly and infectious with no vaccine.

[Lambie Slayer]

https://twitter.com/mitchellvii/status/1238110418834423809

"I'm not worried about COVID-19.  Climate change killed me months ago."

 

[infofront]

lol

[bkbirge]

I'm starting to get the spamverts thinly veiled as "we are here for you/what to do in the event of" Coronavirus emails from sources other than gov't and work. Any excuse to email spam blast advertisements. Great to know that I can (still) monitor my accounts online and I of course couldn't wait to hear about their new financial services products, sign me up!

[JimboToronto]

https://twitter.com/mitchellvii/status/1238110418834423809

"I'm not worried about COVID-19.  Climate change killed me months ago."

 

Makes you wonder about Greta Thunberg. She must really hate COVID-19.

It knocked her right off of the front pages. Now all the worrywarts have something else to fuss about.