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

[Biodom]

Another: planB feels that btc stayed within the S2F bands, however, one may surmise that bitcoin cycle became erratic.
There is no more clear bull and bear, or rather bull and bear appear randomly and not really connected to the underlying halving cycles.
We went down to levels first encountered in September 2017, which is almost exactly where Sp500 went to (in terms of levels vs time).

TL;DR We seem to correlate more with the stock market than with gold/silver OR with halving expectations, at least for now.

[P_Shep]

Don't you have a nice house? I guess you have. Invite your friend and order make the best mexican food available.

ftfy

Isn't Bawb a Gen Xer? While he may not be an ambitious Boomer, neither is he an Uber-lazy Millennial incapable of cooking for himself.

He could try making some real carnitas, the basis of the best tacos.
____

Cut 4-5 lbs good fatty skin-on bone-in pork shoulder into 3" pieces after removing and reserving the skin. Salt liberally, and fry in enough lard to cover. Don't skimp on the lard.

After it's a nice brown add about a cup of orange juice (preferably fresh-squeezed, 3/4 cup of Coca Cola (preferably non-HFCS Mexi-Coke) and 1/2 cup evaporated milk along with a whole large onion, a few cloves of garlic, the juice of a couple of limes and a herb bundle. Oregano and bay leaves are standard. No cilantro though. That goes on later with chopped raw onions as a condiment. Likewise no chilies. Place skin on top and cover.

After it is back up to a boil, reduce the heat to a low boil (just over a simmer), and cook for at least a few hours (or overnight) until the juices are reduced to a thick gravy, enough to keep the meat moist while basically frying in the lard again. The meat should be super tender and moist, similar to what Americans call pulled pork.

Serve by cutting the pork, a chunk at a time, and some of the skin, into small pieces across the grain and piling on freshly made (or at least reheated) corn tortillas garnished with chopped raw onions, cilantro, pico de gallo, salsa verde (mmm, chili de arbol), etc.

Leftovers can be frozen and reheated by frying in a little of the lard and moistening with a little of the juice. The bulk of the lard can be reserved, frozen and used for your next batch.
___

These are not to be confused with TV-cooking-show/foodie website/Youtube bullshit. These are real Mexican carnitas, cooked the way experienced Mexican mamas and vendors make them.

They're best made in a heavy cast iron pot but a good stainless steel stockpot with a thick enough embedded aluminum bottom will do. Ideally they should be made over an open fire.

Bookmarking this. Looooooooooove me some carnitas. Semi-regularly make it using various recipes - like beer, still looking for that perfect one

[jojo69]

if your last post was true, losing several millions in this turmoil, why make your partner work at all?

6-8 mil just ain't that much money man, you still work

[Gyrsur]

Another: planB feels that btc stayed within the S2F bands, however, one may surmise that bitcoin cycle became erratic.
There is no more clear bull and bear, or rather bull and bear appear randomly and not really connected to the underlying halving cycles.
We went down to levels first encountered in September 2017, which is almost exactly where Sp500 went to (in terms of levels vs time).

TL;DR We seem to correlate more with the stock market than with gold/silver OR with halving expectations, at least for now.

thank you for the update. but please have in mind the world is facing a crisis like the financial crisis of 2007–08 and we have no historical data how BTCitcoin will behave in such a large crisis because it did not exist yet in 2007-08. it was in fact the result of that crisis.

EDIT: but you're right Satoshi invented it with the aim to protect ppl against such crisis if they are using it. so my knowledge is limited at the moment. time will tell if we leave the crisis behind and BTC will prosper again in the future. I hope it. but in fact that is a taff and real testcase for BTC.

[fabiorem]

https://nofakenews.net/2020/01/23/chinese-coronavirus-another-false-flag-designed-to-scare-people/

[xhomerx10]

Keep calm and where's your hat?

Sorry about this issue, I just didn't wear my hat for a while because I was in a trial signature campaign, I will bring it as soon as this campaign ends, it will take about 4 weeks (this is first week). Sorry if I let you down 

 I was just trying to be funny.  I fully understand why people would rather make money Bitcoin than wear a silly hat.

[marcus_of_augustus]

This whole PlusToken affair stinks to high heaven for me. I'm thinking clandestine CCP operation or similar.

Who else can get away with a $3billion crypto-Ponzi scheme in the first place? Then suspiciously (stupidly) dump the 13,000 bitcoin on the market at the lows for the cycle? IFF the perpetrators are clever enough to remain hidden from authorities they wont be stupid enough to dump on Bitfinex liquidating to fiat in one go at market rates. They would have sold off over time into the highs. IFF they are clandestine CCP operatives protected from prosecution they can run a Ponzi scheme and dump for maximal disruption of bitcoin pricing.

[xhomerx10]

Where we going at  

I dunno, brother. All I know is Rick wants to go out for TexMex tonight with a friend that is in town. I don't feel like driving downtown in my baby, parking at his office, and having the chance of our Uber driver being all coughing and sneezing.

Probably just drive ourselves to the restaurant, and ditch the Uber; end up in a restaurant filled with coughing people eating tacos with hot-sauce, sneezing pico de gallo everywhere.

Sheeit.

I picked a bad time to have anxiety/depression.

"State of Emergency" declared in Dallas County, Gov. Abbott declares "State of Disaster" for Texas, and Rick wants fucking TexMex.

Just...

 The declaration of an emergency is merely an administrative exercise in order to open the purse strings on emergency funding, remove many restrictions on procurement rules and to give the state greater powers to create new temporary legislation to deal with the emergency.  Go out for dinner and enjoy it!  You might have the restaurant to yourselves

[Hyperjacked]

if your last post was true, losing several millions in this turmoil, why make your partner work at all?

6-8 mil just ain't that much money man, you still work

Money is relative... I've worked with some very wealthy ppl that think they are poor and stressed about the future and I've seen the opposite.
Personally I can live in the mountains off the grid on next to nothing! An old timer I know very well lives off the land For a few hundred dollars a month.

[bitserve]

This whole PlusToken affair stinks to high heaven for me. I'm thinking clandestine CCP operation or similar.

Who else can get away with a $3billion crypto-Ponzi scheme in the first place? Then suspiciously (stupidly) dump the 13,000 bitcoin on the market at the lows for the cycle? IFF the perpetrators are clever enough to remain hidden from authorities they wont be stupid enough to dump on Bitfinex liquidating to fiat in one go at market rates. They would have sold off over time into the highs. IFF they are clandestine CCP operatives protected from prosecution they can run a Ponzi scheme and dump for maximal disruption of bitcoin pricing.

Or if you are well funded already, you could go short Bitcoin big time and burn and never claim the stolen BTC just to make the market tank and just profit from those shorts 80x.

[fillippone]

Keep calm and where's your hat?

Sorry about this issue, I just didn't wear my hat for a while because I was in a trial signature campaign, I will bring it as soon as this campaign ends, it will take about 4 weeks (this is first week). Sorry if I let you down 

 I was just trying to be funny.  I fully understand why people would rather make money Bitcoin than wear a silly hat.

I felt so dirty when I had to, feel so relieved now!

[eddie13]

Guys I have been telling you since weeks, but I will reiterate again.

I will use Italian numbers, adjust downwards by the percentage you think it is correct because Italian population is old, Italians are not good at hospital or whatever reason you think it is correct, but the final reasoning do not change much:


As of today:

Code:

TOTAL INFECTED  17660  
DEATHS          1266   7.17%
RECOVERED       1439   
TOTAL POSITIVE  14955  
HOSPITALISED    7426   50%
ICU             1328   9%
RECOVERED       1439   

Here's the estimated worldwide numbers for the regular flu virus from October to today:

No. Percentages. How do they compare?

Goddamn idiot flubros.

[LFC_Bitcoin]

@Geovanydesiju10
Quick Reminder" No one holding #bitcoin  lost anything Example: If you had 0.01BTC Before this Market sell off Guess what: You still have 0.01BTC in your wallet You only loose if you anxiously try to convert BTC to worthless FIAT
https://twitter.com/geovanydejesu10/status/1238564266879471618?s=21

[xhomerx10]

Just trying to raise awareness.

This shit is serious. I didn't care about it much tbh till yesterday. Now the more I read about it makes me even more sicker than selling the bottom.

No you are not.

You are just having a really bad day.
Your judgement is off by orders of magnitude.

Oh, and grow a set, will ya?

I'll go away if that's going to make you feel better.

But before... I'll leave this here.

Coronavirus deaths in Italy rise to 1,266 - up 250 in a day

 what we just witnessed never happened before in the history of crypto If I am not wrong.

lolwut?

I was talking about recession, pandemic, global market crash combined. Did it happen before? Did I miss it? Don't think so.

Good night, I am off.

Does this look like someone fighting a virus?

 I fail to see how a 19 round Beretta submachine gun can be used to stop a virus.  Seems like under kill.  What they really need are mega cans of Lysol or similar disinfectant.

[Raja_MBZ]

$6k in 6 hours.

[bones261]

@Geovanydesiju10
Quick Reminder" No one holding #bitcoin  lost anything Example: If you had 0.01BTC Before this Market sell off Guess what: You still have 0.01BTC in your wallet You only loose if you anxiously try to convert BTC to worthless FIAT
https://twitter.com/geovanydejesu10/status/1238564266879471618?s=21

But if I take my fiat and convert it to cash, I can use it as toilet paper. You can't do that with BTC.

[marcus_of_augustus]

@Geovanydesiju10
Quick Reminder" No one holding #bitcoin  lost anything Example: If you had 0.01BTC Before this Market sell off Guess what: You still have 0.01BTC in your wallet You only loose if you anxiously try to convert BTC to worthless FIAT
https://twitter.com/geovanydejesu10/status/1238564266879471618?s=21

But if I take my fiat and convert it to cash, I can use it as toilet paper. You can't do that with BTC.

I'm printing paper wallets on toilet paper now.

It's the virus times version of Casascius coins

[bitserve]

@Geovanydesiju10
Quick Reminder" No one holding #bitcoin  lost anything Example: If you had 0.01BTC Before this Market sell off Guess what: You still have 0.01BTC in your wallet You only loose if you anxiously try to convert BTC to worthless FIAT
https://twitter.com/geovanydejesu10/status/1238564266879471618?s=21

Some day I will buy a baseball bat and start punching everyone that repeats that same old shit about one BTC being still one BTC.

C'on, Bitcoin dumped, it fucking sucks... just accept it like a man and don't invent silly excuses that mean fucking nothing!

Look how the same idiots start going full party when Bitcoin moons... wasn't it already 1BTC = 1BTC? C'on....

I "lost" a shitton of paper profits. There's no need to sugarcoat it. All this will pass when Bitcoin really moons.

[kurious]

https://nofakenews.net/2020/01/23/chinese-coronavirus-another-false-flag-designed-to-scare-people/

Great name for a website for conspiracy theory drivel.

It teaches us that:  'Fake medical epidemics are unleashed by the powers that be...'

OK, the coverage might be over the top, the lethality is not known, sure...OK, jury's out - but to call this 'fake' and a false flag operation?

I didn't know there was such a thing as a pandemic-denier conspiracy theorist. I guess I just learned there is a new sort of paranoia to add to the sheer noise of nonsense to fill up Twitter with.  And calling it 'Chinese Coronavirus' is straight off Fox 'news'.  Or, as I think of it 'Be a doublethink drone' TV. 

But you may still be able to save yourself, if you stop and think.

Yes, the media may be overreacting (loving it even) but it is er... based on a real thing, sorry. You are just helping the people that write this shit to earn their crust with the clicks they generate by you disseminating it.  You are their product.

Go ahead, it's your right. Only this is unsubstantiated crap. I am afraid it is: Factually. Plain. Wrong.

[Gyrsur]

@Geovanydesiju10
Quick Reminder" No one holding #bitcoin  lost anything Example: If you had 0.01BTC Before this Market sell off Guess what: You still have 0.01BTC in your wallet You only loose if you anxiously try to convert BTC to worthless FIAT
https://twitter.com/geovanydejesu10/status/1238564266879471618?s=21

Some day I will buy a baseball bat and start punching everyone that repeats that same old shit about one BTC being still one BTC.

C'on, Bitcoin dumped, it fucking sucks... just accept it like a man and don't invent silly excuses that mean fucking nothing!

Look how the same idiots start going full party when Bitcoin moons... wasn't it already 1BTC = 1BTC? C'on....

I "lost" a shitton of paper profits. There's no need to sugarcoat it. All this will pass when Bitcoin really moons.

let's differentiate into ppl which are invested with money they are able to lose and other ppl which are invested with money they need. the first group have the possibility to say 1 BTC is still 1 BTC after such a week and the others don't unfortunately.