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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26485640 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
mindrust
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March 13, 2020, 03:18:50 AM

Just woke up.

Saw a dip down to 3800.

Un-fucking-real!

I wish I woke up now instead of an hour ago.

5400 I am ruined.
heslo
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March 13, 2020, 03:19:04 AM

Let's not judge guys... you don't know peoples financial positions or tolerance to financial stress either. It's been... it's been a day. Tomorrow will come and the world will keep on spinning. I'm sure in the long term we go up but at the moment it's all pretty crazy
d_eddie
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March 13, 2020, 03:20:36 AM

https://twitter.com/PrisonPlanet/status/1238254013201727494

"Not to downplay coronavirus, but the 2009 swine flu epidemic infected 61 million Americans, killed over 12,000 and I don't recall anywhere near this level of hysteria."


By the way, stock futures did not bounce with us just now. That was all King.  Smiley

I don't understand this irrational fear of the virus either. The conspiracy theorist in me thinks its a con job to shift more assets to the wealthy, and give the governments more power.

Especially the bit about the governments grabbing more power sounds sinister but rings true - it's the emergency, you know.
strawbs
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March 13, 2020, 03:22:32 AM

I thought I knew some of you guys.

I guess this is really separating the real hodlers.

Only one who sold was mindrust, so don't be too hasty. You have to admit this was a pretty disastrous day, losing 50% of value is not a minor thing.

But looking on the bright side, we're up 25% in one hour
bitserve
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March 13, 2020, 03:22:57 AM

Finally some proper reaction to the ridiculous dump. This is fine.
Arriemoller
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Cлaвa Укpaїнi!


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March 13, 2020, 03:23:05 AM

Well, I'm not selling, this corona recession will probably be shortlived, and as the pandemic fizzles out, the economy will bounce right back.
Governments all over the world is pumping money in to the economy and health care and easing up on tax payments and doing a shitload of other things that will make the economy float right back up, like a cork under water.

Covid will go away, recession will go away, but bitcoin will stay.
Lambie Slayer
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March 13, 2020, 03:23:30 AM

Quote
A health official estimates a whopping 100,000 people in Ohio have coronavirus.

Ohio Department of Health Director Amy Acton made the announcement at a press conference.

She said she estimated at least one per cent of the population in the state has the virus.

That’s 1,000 deaths if true @ 1% fatality and at least 5,000 ICU beds in Ohio

If thats true its just gonna show how low the infection fatality rate really is. .1-.3 sounds about right.

She is just the latest alarmist looking to see how many people she can spook and how much of society she can shut down. Bernie just said 56 million deaths could happen so she should step up the hype.




Lambie Slayer
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March 13, 2020, 03:23:42 AM

https://twitter.com/just_pull/status/1238264741480378368

"Nope. This year’s flu season has killed over 20K so far, nothing out of the ordinary. 350K hospitalized since 9/28/19.  COVID-19 has infected 1,250 Americans with around 40 deaths so far. The media had better hope for more than that to justify all the damage they are doing..."

...economically. They will have to answer to some very upset people if it becomes evident that they were ginning up hysteria over nothing and costing those people a LOT of money."
eddie13
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BTC or BUST


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March 13, 2020, 03:23:57 AM

Just woke up.

Saw a dip down to 3800.

Un-fucking-real!

lol

Just woke up...


Holy shit guys..

That's what I said.. And it was still like 6k...


I've been watching this whole time.. And now I'm all like...

bitserve
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March 13, 2020, 03:24:32 AM
Merited by JayJuanGee (1)

Just woke up.

Saw a dip down to 3800.

Un-fucking-real!

I wish I woke up now instead of an hour ago.

5400 I am ruined.

You are not ruined.

What I don't understand is that you were talking some hours ago that you wanted $4K to come to buy more... and instead you go all out  Shocked
ChuckBuck
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better everyday ♥


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March 13, 2020, 03:25:13 AM
Merited by eddie13 (1)

Someone please tell me that it is not true  Roll Eyes  Roll Eyes something like the global economic crisis, and bitcoin led the way down, then gold, crude oil, everything, ... where did the money flow go during this time  Huh What the hell is going on  Huh Corona is not the reason, certainly, it is just an excuse  Roll Eyes Bitcoin can't even survive this storm, what the hell do we trust it in the future  Roll Eyes
Now it's like a piece of shit, damn Bitcoin  Angry
mindrust
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March 13, 2020, 03:26:01 AM

Just woke up.

Saw a dip down to 3800.

Un-fucking-real!

I wish I woke up now instead of an hour ago.

5400 I am ruined.

You are not ruined.

What I don't understand is that you were talking some hours ago that you wanted $4K to come to buy more... and instead you go all out  Shocked

Panic bested me.
somac.
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Never selling


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March 13, 2020, 03:26:09 AM

Let's not judge guys... you don't know peoples financial positions or tolerance to financial stress either. It's been... it's been a day. Tomorrow will come and the world will keep on spinning. I'm sure in the long term we go up but at the moment it's all pretty crazy

Yes I can't echo this enough.
Biodom
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March 13, 2020, 03:28:27 AM

Governments all over the world is pumping money in to the economy and health care and easing up on tax payments and doing a shitload of other things that will make the economy float right back up, like a cork under water.

Covid will go away, recession will go away, but bitcoin will stay.

Long term bonds would melt down, though (increase in yield).
strawbs
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March 13, 2020, 03:29:13 AM

https://twitter.com/just_pull/status/1238264741480378368

"Nope. This year’s flu season has killed over 20K so far, nothing out of the ordinary. 350K hospitalized since 9/28/19.  COVID-19 has infected 1,250 Americans with around 40 deaths so far. The media had better hope for more than that to justify all the damage they are doing..."

...economically. They will have to answer to some very upset people if it becomes evident that they were ginning up hysteria over nothing and costing those people a LOT of money."

Why spend money covering lots of new stories when you can get away with only one? The media loves a simple news story that they can blanket cover for days on end. Cheap-to-produce, sensationalist journalism with little regard for wider consequences. I mean, if it wasn't for COVID-19, they'd still be blanket-bombing us with some 'news' about Harry and Megan ffs.
yefi
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March 13, 2020, 03:30:12 AM

order books are completely fucked up at the moment. everyone is using market orders

Traders are scrambling on the bids like those monkeys on that banana.
Lambie Slayer
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March 13, 2020, 03:30:31 AM
Merited by Arriemoller (1), BTCMILLIONAIRE (1)

https://www.aei.org/carpe-diem/18-spectacularly-wrong-predictions-made-around-the-time-of-first-earth-day-in-1970-expect-more-this-year-3/


Here are 18 examples of the spectacularly wrong predictions made around 1970 when the “green holy day” (aka Earth Day) started:

1. Harvard biologist George Wald estimated that “civilization will end within 15 or 30 years unless immediate action is taken against problems facing mankind.”

2. “We are in an environmental crisis which threatens the survival of this nation, and of the world as a suitable place of human habitation,” wrote Washington University biologist Barry Commoner in the Earth Day issue of the scholarly journal Environment.

3. The day after the first Earth Day, the New York Times editorial page warned, “Man must stop pollution and conserve his resources, not merely to enhance existence but to save the race from intolerable deterioration and possible extinction.”

4. “Population will inevitably and completely outstrip whatever small increases in food supplies we make,” Paul Ehrlich confidently declared in the April 1970 issue of Mademoiselle. “The death rate will increase until at least 100-200 million people per year will be starving to death during the next ten years.”

5. “Most of the people who are going to die in the greatest cataclysm in the history of man have already been born,” wrote Paul Ehrlich in a 1969 essay titled “Eco-Catastrophe! “By…[1975] some experts feel that food shortages will have escalated the present level of world hunger and starvation into famines of unbelievable proportions. Other experts, more optimistic, think the ultimate food-population collision will not occur until the decade of the 1980s.”

6. Ehrlich sketched out his most alarmist scenario for the 1970 Earth Day issue of The Progressive, assuring readers that between 1980 and 1989, some 4 billion people, including 65 million Americans, would perish in the “Great Die-Off.”

7. “It is already too late to avoid mass starvation,” declared Denis Hayes, the chief organizer for Earth Day, in the Spring 1970 issue of The Living Wilderness.

8. Peter Gunter, a North Texas State University professor, wrote in 1970, “Demographers agree almost unanimously on the following grim timetable: by 1975 widespread famines will begin in India; these will spread by 1990 to include all of India, Pakistan, China and the Near East, Africa. By the year 2000, or conceivably sooner, South and Central America will exist under famine conditions….By the year 2000, thirty years from now, the entire world, with the exception of Western Europe, North America, and Australia, will be in famine.”

9. In January 1970, Life reported, “Scientists have solid experimental and theoretical evidence to support…the following predictions: In a decade, urban dwellers will have to wear gas masks to survive air pollution…by 1985 air pollution will have reduced the amount of sunlight reaching earth by one half….

10. Ecologist Kenneth Watt told Time that, “At the present rate of nitrogen buildup, it’s only a matter of time before light will be filtered out of the atmosphere and none of our land will be usable.

11. Barry Commoner predicted that decaying organic pollutants would use up all of the oxygen in America’s rivers, causing freshwater fish to suffocate.

12. Paul Ehrlich chimed in, predicting in 1970 that “air pollution…is certainly going to take hundreds of thousands of lives in the next few years alone.” Ehrlich sketched a scenario in which 200,000 Americans would die in 1973 during “smog disasters” in New York and Los Angeles.

13. Paul Ehrlich warned in the May 1970 issue of Audubon that DDT and other chlorinated hydrocarbons “may have substantially reduced the life expectancy of people born since 1945.” Ehrlich warned that Americans born since 1946…now had a life expectancy of only 49 years, and he predicted that if current patterns continued this expectancy would reach 42 years by 1980, when it might level out. (Note: According to the most recent CDC report, life expectancy in the US is 78.8 years).

14. Ecologist Kenneth Watt declared, “By the year 2000, if present trends continue, we will be using up crude oil at such a rate…that there won’t be any more crude oil. You’ll drive up to the pump and say, `Fill ‘er up, buddy,’ and he’ll say, `I am very sorry, there isn’t any.'”

15. Harrison Brown, a scientist at the National Academy of Sciences, published a chart in Scientific American that looked at metal reserves and estimated the humanity would totally run out of copper shortly after 2000. Lead, zinc, tin, gold, and silver would be gone before 1990.

16. Sen. Gaylord Nelson wrote in Look that, “Dr. S. Dillon Ripley, secretary of the Smithsonian Institute, believes that in 25 years, somewhere between 75 and 80 percent of all the species of living animals will be extinct.”

17. In 1975, Paul Ehrlich predicted that “since more than nine-tenths of the original tropical rainforests will be removed in most areas within the next 30 years or so, it is expected that half of the organisms in these areas will vanish with it.”

18. Kenneth Watt warned about a pending Ice Age in a speech. “The world has been chilling sharply for about twenty years,” he declared. “If present trends continue, the world will be about four degrees colder for the global mean temperature in 1990, but eleven degrees colder in the year 2000. This is about twice what it would take to put us into an ice age.”

New tricksters, same old tricks. Smiley
JayJuanGee
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March 13, 2020, 03:30:53 AM

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..

Yes.. the dump has been pretty bad, but jeez, eddie13... if you are in a volatile asset, such as BTC, you gotta expect extreme price movements that happen both to the upside and also to the downside...

How the fuck are the bearwhales going to convince the weak hands to be shaken from the tree, unless they throw some seemingly meaningful fire power at the situation?

U gots to pee pare ur lil selfie.. both financially and psychologically for such extreme scenarios, otherwise, perhaps you gotta shave off some of your investment, because you seem to be overinvested.
bitserve
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March 13, 2020, 03:31:20 AM

Just woke up.

Saw a dip down to 3800.

Un-fucking-real!

I wish I woke up now instead of an hour ago.

5400 I am ruined.

You are not ruined.

What I don't understand is that you were talking some hours ago that you wanted $4K to come to buy more... and instead you go all out  Shocked

Panic bested me.

We don't know if we are already out of the woods or not (the world is completely fucked up right now) so there is a possibility you end having had made a "right" decision by selling but... doing anything because of panic is wrong no matter the outcome.

Anyways, don't be hard on yourself... again, you are not ruined at all (many leveraged traders short or long probably really are right now)... just learn from it.
lightfoot
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March 13, 2020, 03:31:43 AM
Merited by vapourminer (1)

Ok, this old Calvin and Hobbes sums up the situation perfectly.

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