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

[vapourminer]

Guys look at the master races who dont use toilet paper at all but a so called bidet

How do you get your arse dry afterwards? Do they have an arse dryer like a hot air hand dryer?

yes.

some also come with deodorizing filters, but with the ones ive encountered the filter always seems to be broken or defective.

so im told.

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[bitcoinPsycho]

Bittrex to introduce new trading pair
BTC to TP


Will dump all my TP at the peak in 2 weeks

[VB1001]

https://twitter.com/wef/status/1238782011969548293

How does quarantine actually work?

https://www.weforum.org/agenda/2020/03/coronavirus-covid-19-quarantine-restrictions

[bitserve]

Perhaps you might even be able to figure out that 1 USD at time t (e.g. in the year 1995) is almost never the same as 1 USD at time s =/= t (e.g. today).

Yes, it is. 1 USD = 1 USD, always, every day since April 2, 1792.

Your example doesn't hold regardless of the presence of a central bank as it concerns the argument at hand.

 

My example was serving to make what you were saying more logically palatable, and then you mangled it to make it once again illogical.

When bitserve said this:

It's just an equal sign with both *IDENTICAL* values at each side of the equal sign. That shouldn't be debatable.

he is _clearly_ talking about a reflexive property here, X = X. You are arguing against that, saying no, X doesn't equal X because X before is different than X now. While its value changes, the USD is not inherently different. It is always the same denomination of legal tender to be used in the U.S. for goods and services. The _value_ as measured against a basket of currencies or a gallon of milk or whatever is different -- that is a characteristic of X. You're just saying flat out X ≠ X, which is dumb.

This is exactly what I meant... explained in better words and proper notation.

I didn't expect something that simple would cause that much arguing, more so when the differences between BTC and USD are clear and we all agree on that... but that is a completely different thing that has nothing to do with the fact that both are equal to themselves... as absolutely everything is (equal to itself).

Anyways, "1 BTC = 1 BTC" is a strictly true statement and many people will keep using and giving it whatever meaning they want. This is fine.

[ivomm]

According to https://data.bitcoinity.org/markets/volume/30d?c=e&t=b
in the last 2 days nearly 1 mil bitcoins were traded (mainly sold) at the main exchanges excluding Binance. On Binance the volume was 400K each day, so we can safely assume more than 2 mil. bitcoins were traded. This is a huge amount and the question is how the market will adjust to this enormous inflow of bitcoins. I don't have a subscription to glassnode to see how many new bitcoins were deposited into the exchanges, normally it is between 15K and 40K, with a daily peak 444K in Dec 2018. After a month the chart will be accesible for non paid users, if anyone has a subscription can check and share what was the peak this time.

On one hand it seems logical to take more time to return above 10K and hold it. On the other hand, these bitcoins are now into a very strong and patient investors. These people are not like the new generation of theoretical traders who think it is easy to make profits. Emotions like greed and fear play a main role, and untrained will crack under the pressure. Experienced investors put their bids low and waited for a year in this case to get them filled. So hardly they will be chasing 10-20% or even 100% profits. Now, when the price starts to recover, the burnt traders and the whole world will see that even in utmost panic Bitcoin didn't go to 0 and no matter the fall it recovers really fast. This lesson will make the weak hands stronger, if they have the guts to enter the game again. So IMO not only a new bull run starts right now, but a whole new bull cycle lasting for years. May be this was the real end of the bear market. How far we will go is a question that honestly I can't answer. All charts and short term predictions were shattered. The good thing is that Bitcoin is not dead and doesn't care about these predictions.

[mindrust]

I read some of those coins were sold on exchanges didn't move in the last 10 years.

Tip of the iceberg? Weak hands? You decide.

I am cool btw. I am focusing more on my business, will also follow my (new) DCA plan. Hopefully I won't make the same mistake this time.

I always thought It wouldn't come near of my point of entry price. which was 4700. The moment I saw it at 4000 I was about to lose my mind in the middle of the night 4.00AM... I am over it now. New day, new opportunity.

[JSRAW]

I am over it now. New day, new opportunity.

Yeah, that's the spirit bro.... my best wishes

[bitserve]

I read some of those coins were sold on exchanges didn't move in the last 10 years.

Tip of the iceberg? Weak hands? You decide.

I am cool btw. I am focusing more on my business, will also follow my (new) DCA plan. Hopefully I won't make the same mistake this time.

I always thought It wouldn't come near of my point of entry price. which was 4700. The moment I saw it at 4000 I was about to lose my mind in the middle of the night 4.00AM... I am over it now. New day, new opportunity.

That's the attitude. Mistakes do happen but in the long run they are experiences and life goes on. Glad to see you back and with a new perspective.

[mindrust]

@mindrust

You don’t need to go anywhere. Just put on your big boy pants & buy back at least half of what you sold. We all make mistakes.

I’ve spent over £60,000 on bitcoin in the last 12 months. If I spent that money when I first knew about bitcoin I’d have thousands of coins, I’d be a whale (I don’t & I’m not).

You have to make the best of any situation you’re in. You fucked up, admit it & buy back. Have a really nice holiday & do something with the rest of the fiat but buy back some at least.

I agree with LFC, take your loss like a man and buy back.

Bitcoin is a way out of the system.

If you need a reminder how the system is currently run just look at this video: https://www.youtube.com/watch?v=ObgXtL2bD7k

Bunch of apes in suits  

I don't think I can buy back in it is over 1.7btc loss for me now. What if it goes down again. I managed to keep my mind state stable, if it goes down again, I'll suicide this time.  

The only situation I can buy back in now is if  it again comes down to my capitulation price which is not likely.

edit: I can take a loss like ~0.5btc though. I am ok with $4.8k. Let's see Monday.

[Icygreen]

BTCitcoin fire sale 45% off
Limited time only
Get rekt!

[xhomerx10]

People where I am right now seem a little more panicky.  The store shelves are essentially stripped bare.  However, I gassed up the car last night for 56 cents per liter USD - those prices are from a distant past I barely remember and from what I understand, they will drop again today.   I think if we evaluate Bitcoin in terms of gasoline, we're right where we were a week ago.

 

 

[Icygreen]

McAfee's not having it, send out a drone.
Never mind, he's already hit the self destruct button.

We are destroying our economies,
And giving up our freedoms to assemble
And move freely ...

For fear of a virus
That has killed
100 times fewer people than the flu ...

In the same period of time.

We are watching a society
In the throes of insanity.

When Coronavirus
Is found to have little impact
On World health -

They will tell us,
With all seriousness,
That we were
SAVED
By the Draconian measures
That they implemented.

The virus
Within two months
Will be a non-issue.

Just watch!)

https://twitter.com/officialmcafee/status/1238792173019070464

[nutildah]

McAfee's not having it, send out a drone.
Never mind, he's already hit the self destruct button.

We are destroying our economies,
...
Just watch!)

https://twitter.com/officialmcafee/status/1238792173019070464

Great, McAfee makes a prediction about the virus, that means now we know for sure the exact opposite is true and this will be devastating. Seriously though, can anyone remember the last time McAfee was right about... anything?

[bitserve]

People where I am right now seem a little more panicky.  The store shelves are essentially stripped bare.  

Here we have basically gone from zero to 10 during the past few days. Even if where I live we are not really at lockdown the streets look empty, people is staying at home (as recommended).

There have been some procedures implemented at supermarkets, like giving you a pair of gloves when you enter that you need to use to avoid touching anything with your bare hands, security distance between people on queues, etc...

The profilactic measures are generally being taken very seriously and people is mostly very conscious and responsible (which is something that has surprised me A LOT!).

If there weren't a complete lack of masks supply I am sure almost everyone would be wearing it.

Really, it is surprising how well the people is adapting to this situation. I am stunned.

Of course the economic loses will be *HUUUUUUUUGE*. But life will go on.

After this flu drill, I have confidence that we are ready for a zombie apocalypse!

P.S.: Only thing is that with everyone being at home, some internet providers are experiencing some minor disruptions... If it escalated they have orders to filter out video streaming (unicast - mostly netflix, hbo and the like) services.

[xhomerx10]

People where I am right now seem a little more panicky.  The store shelves are essentially stripped bare.  

Here we have basically gone from zero to 10 during the past few days. Even if where I live we are not really at lockdown the streets look empty, people is staying at home (as recommended).

There have been some procedures implemented at supermarkets, like giving you a pair of gloves when you enter that you need to use to avoid touching anything with your bare hands, security distance between people on queues, etc...

The profilactic measures are generally being taken very seriously and people is mostly very conscious and responsible (which is something that has surprised me A LOT!).

If there weren't a complete lack of masks supply I am sure almost everyone would be wearing it.

Really, it is surprising how well the people is adapting to this situation. I am stunned.

Of course the economic loses will be *HUUUUUUUUGE*. But life will go on.

After this flu drill, I have confidence that we are ready for a zombie apocalypse!

 The only prophylactic measure I've seen so far are disinfectant wipes at the entrance of the store which are used to wipe your cart and while this isn't something new, they've made it a little more pronounced.  I haven't seen anyone wearing a mask yet and there were very few people in the store - even the traffic is diminished.  Seems like everyone is hunkering down here too.

[bitserve]

McAfee's not having it, send out a drone.
Never mind, he's already hit the self destruct button.

We are destroying our economies,
...
Just watch!)

https://twitter.com/officialmcafee/status/1238792173019070464

Great, McAfee makes a prediction about the virus, that means now we know for sure the exact opposite is true and this will be devastating. Seriously though, can anyone remember the last time McAfee was right about... anything?

Late 80's or very early 90's probably. Almost no false positives and good detection rate. Mostly accurate.

[Arriemoller]

I always finish off with baby wipes. 

Finish off with ? Dude, all I use are Cottonelle Flushable Wipes. It's like a touch of heaven for my asshole.

Took a monster dump this morning. One of those that breaks the surface tension of the water-line, and forms an island of shit in your bowl. Cashews man. Great stuff to clear me out. Anyway, 3 sheets of the Cottonelle wipes, and my asshole is left sparkling clean.

 We're on the way to another town in search of hand sanitizer.  I'll look for some of those cottonelle flushable wipes... and some cashews 

Make your own. Isopropylalkohol 80% and some aloe vera is all it takes.

[bitserve]

I always finish off with baby wipes.  

Finish off with ? Dude, all I use are Cottonelle Flushable Wipes. It's like a touch of heaven for my asshole.

Took a monster dump this morning. One of those that breaks the surface tension of the water-line, and forms an island of shit in your bowl. Cashews man. Great stuff to clear me out. Anyway, 3 sheets of the Cottonelle wipes, and my asshole is left sparkling clean.

 We're on the way to another town in search of hand sanitizer.  I'll look for some of those cottonelle flushable wipes... and some cashews  

Make your own. Isopropylalkohol 80% and some aloe vera is all it takes.

Or mixed with glycerin.

Or just use the alcohol straight. No, wait... are we talking about cleaning the hands or cleaning the asshole? The distinction is important in this case.

[Arriemoller]

O, and thank you so much for making me read page after page of in detail accounts of ass wiping. The words "too much information" comes to mind.

And what wasn't ass wiping, was page after page of "one dollar is one dollar, no it isn't, yes it is."

Thank you very much, it's a lovely sunny day, I could have spent it outside.

[Elwar]

Had a chat with my Chinese supplier last night.

Only Wuhan is still serious, the rest places are back to normal life

Wuhan still have 12000patients now

Doctor said at the end of this month, they will be healed

Of course, she is getting her government information the same as everyone else. But her factory is up and running shipping our stuff. I have other orders going through now too. China seems to be back on track.