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

[somac.]

There can't be many coins left to sell surely.

[Icygreen]

Unless she was in Wuhan you SO didn’t catch it in November

Wuhan travels, especially to S.Vietnam.  Chinese are the largest tourist sector (were).
I have fair reason to believe the virus has been around longer than the announcement dates in December/ January.

[BTCMILLIONAIRE]

I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer.  One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno

Wouldn't put it past them if the WHO and other establishment organizations played it down until they got ready for some good old insider trades before ringing the alarm bells.

I'd be seriously surprised if there was anything that they could learn this late in that would shift the situation from "who cares" to "full panic". These issues are too well studied.

/tinfoil

[bitserve]

I think I am about to capitulate .

I can live with one arm.

define capitulate

[d_eddie]

Now is the time for Buffet to step in and market buy us up to 6 figures with his cash reserves.

Or buy back heaps of his own shares. Or snap up whole companies at bargain prices, which would be more like him. For some reason, I don't see the old codger picking up cheep coinz.

[somac.]

This is the fucking titanic people.

[smartcomet]

20 Feb: Italy has 1000+ total covid-19 cases
10 Mar: Italy locks down with 10K+ total cases

11 Mar: America has 1000+ total covid-19 cases
10 days later, America will has 10K+ total cases, and has to lock down whole country. After 14-21 more days, I hope we can see new cases to recess down to 100 a day.

So bitcoin will may hit the bottom after 13 April.

Anyway 1 bitcoin = 1 bitcoin.

When hodlers hold, they don’t hope ATH tomorrow, but their mindset get stronger.
When hodlers see the price kisses the weekly 200SMA, they will buy a little if they have free cash on hand, or they will continue to read the books without free cash.
When hodlers see the ATH someday, they will continue to read the books if they don’t  need anything, or ……

[Tash]

Italy has a 3.5% mortality rate with one of the best health systems in the world.  It’s not the fucking flu.

It’s a sort of flu, but much more serious as a common one, though I don’t know the current measures are necessarily....

Sometimes I think we should just under go it then again if it’s much more serious and more people getting dead cause it, then I understand we have to take care and things must happen

We now have friends whom have caught and recovered (not official tested), myself and my SO included. If that's accurate, it was a weak ass flu that takes you down for 2-3 days then low level energy for a few days, but a slow full recovery and if you've got any existing (respiratory for example) compromises, it'll hang out there until the immune system finally kicks which could take weeks (which was my case)  2 other friends also became sick, 40's and 50's during my stay on Phu Quy in January where I caught it from, they recovered within a week.
The friend who we suspect caught it in Milan, traveled to S.Africa before showing symptoms, he passed it on to another friend but not his SO, he's living a very healthy lifestyle but living with HIV and a cancer survivor in his early 60's.  He recovered within a week.

My SO caught it early on, before the announcement in January, actually we believe she caught it in late November in S.Vietnam around many Chinese travelers.  She's healthy without pre-existing compromises to the immunity system. She describes it as the strongest flu she's ever encountered and and felt like death. She ,early 40's recovered within 10 days with ginger tea.

I've been tracking known flu results of several others as well.
My hypothesis is that this is the fucking flu,
It's getting weaker and weaker as time moves on but contagion remains easy because this is a completely foreign strain.

Sorry, no factual proof as usual from me on ground 0 but this is the only virus I've seen in the wild this year and I move a fair bit so I believe its probable that I've already been exposed and have account of other experiences. As more personal accounts appear and recover, I expect the panic to subside significantly once people realize its not gonna kill them.

I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer.  One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno

theymos thinks he may also hat it.  It certainly is bad news for anyone with organ transplant or asthma, heavy smoker/vaper obese ....

(I recently had all of the symptoms of the virus. I wonder if I had it, or if it was just the ordinary flu. It was very unpleasant, though I got over it in a few days.)

https://bitcointalk.org/index.php?topic=5220206.msg54017323#msg54017323

[mindrust]

I think I am about to capitulate .

I can live with one arm.

define capitulate

Going all out, last time I checked my local exchange wtill pays 5k for a piece. I must get out before they wake up. Waiting for the fucking confirmation

4700 already and no confirmation

[bkbirge]

So I guess we answered the question of when the S2F model would be broken.

[bitserve]

Now is the time for Buffet to step in and market buy us up to 6 figures with his cash reserves.

Or buy back heaps of his own shares. Or snap up whole companies at bargain prices, which would be more like him. For some reason, I don't see the old codger picking up cheep coinz.

How many cash did Apple have that didn't know what to do with? Something like $100 billion?

[d_eddie]

I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer.  One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno

Wouldn't put it past them if the WHO and other establishment organizations played it down until they got ready for some good old insider trades before ringing the alarm bells.

I'd be seriously surprised if there was anything that they could learn this late in that would shift the situation from "who cares" to "full panic". These issues are too well studied.

/tinfoil

I think all the downplaying the WHO could do is already done. It was used up in the early stages to delay world awareness. Now they declared pandemic status already, so it's kind of a capitulation in that regard.

This doesn't mean the virus won't be the scapegoat for all the past and present market fuckery.

As for future fuckery, it can be justified by the ensuing trouble alone. No one says no to helicopter money.

[BTCMILLIONAIRE]

More down... If this wasn't so tragic it would be fucking hilarious.

I think it's pretty hilarious. Next stop $3400?

[bitserve]

And there it went triggered the last of my standing limit buy orders left when the price was last there more than one year ago.

[2020VISION]

More down... If this wasn't so tragic it would be fucking hilarious.

I think it's pretty hilarious. Next stop $3400?

$1337 i will sell farm, hogs,wife weeee

[HairyMaclairy]

Wow $4100$4002  This is going to be one of those days you remember in Bitcoin history.  

[2020VISION]

Wow $4100.  This is going to be one of those days you remember.  

time to find a bridge or window and jump? :-D weee

[BTCMILLIONAIRE]

I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer.  One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno

Wouldn't put it past them if the WHO and other establishment organizations played it down until they got ready for some good old insider trades before ringing the alarm bells.

I'd be seriously surprised if there was anything that they could learn this late in that would shift the situation from "who cares" to "full panic". These issues are too well studied.

/tinfoil

I think all the downplaying the WHO could do is already done. They declared pandemic status already, so it's kind of a capitulation in that regard.

This doesn't mean the virus won't be the scapegoat for all the past and present market fuckery.

They downplayed it heavily early on, and only in the last few days declared pandemic.

The point I was trying to make is that they have too many resources and smart people to not know in advance where things are going.

Which begs the question: why play things down if they will later declare a pandemic?

The potential fatality rate across the globe is far too low to make any significant dent in the population, which leaves insider trading as a potential explanation.

[somac.]

I think I am about to capitulate .

I can live with one arm.

define capitulate

Going all out, last time I checked my local exchange wtill pays 5k for a piece. I must get out before they wake up. Waiting for the fucking confirmation

4700 already and no confirmation

Are you seriously selling up?

[bkbirge]

10 years from now this day will be taught in colleges. Not sure under what subject though. Maybe mass psychology or the unintended effects of high frequency trading or incompetence of presidents.