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

[LFC_Bitcoin]

@karalhoin
Dow Jones: -13%
S&P 500: -11.99%
BTC: -7.9%

We don't need to be green all the time. We only need to fall slower than the trash most of the time
https://twitter.com/karalhoin/status/1239643693218435072?s=21

[JayJuanGee]

[edited out]

[record number of words from Searing.....  i've been bested]
 

I am glad that you got those ideas off of your chest, searing, and I am also glad that you don't feel inclined to break emotionally or financially at any time in the near future... and you perceive that you have your bases largely covered from your own perspective of your circumstances.

Of course, ever guy / gal here has to come to his/her own conclusions about the level of investment and risk that s/he is willing to take on, and sometimes, even if some of us might not agree with the strategies of others or we might be razzing (or perceived to razz) other members; hopefully, in the end, each member comes to his/her own individually tailored and specific conclusion(s) regarding whether and how to proceed with BTC investing and appropriate, adequate and reasonable risk management.

And, of course tweaking along the way.  Frequently, my also long rants, are more intended to help me, than to help you frequently ungrateful fucks.    (just kidding.. could not resist)...

So, anyhow, sometimes we can learn from others, learn from ourselves by typing out our ideas and then tweak our BTC related plans and strategies to the extent that we deem to be prudent to the times and to our perception of our own situation within the current times.

[mindrust]

https://twitter.com/Stalingrad_Poor/status/1239631771840303110

Oh gawd I lost my shit completely laughing at this omg my stomach hurts

[El duderino_]

https://twitter.com/RampCapitalLLC/status/1239523174770978816?s=20

@mindrust, gotta do it good bro

[rdbase]

Guys,

Excuse my ignorance on this matter but is there a website that I can deposit fiat via wire transfer and can purchase some tether from the U.S?

It seems like I can only do BTC to Tether but any way I can get fiat to USDT?

Thanks a lot.

any help guys?

Whats Tether? Is that a brand of toilet paper?

Yeah it is TPC a brand new cryptocurrency which can cure covid-19.
Read my previous post.
Also got to find that twitter post of someone showing how it is done naturally with the sun directly on bottom.
There were many photos of those yoga style classes.
So WO was way ahead with a cure for it all those precious days ago.

"special"

We special JoJo.. for $20 it is all it takes 
oh so special!

[mindrust]

https://twitter.com/RampCapitalLLC/status/1239523174770978816?s=20

@mindrust, gotta do it good bro

Post the faster one please. This one is a rookie.

[nullius]

They keep injecting money and the market keeps going down. Reminds me of the end of "Inside Out" when all the emotions are pushing the buttons and....

it's not working......

It’s working just fine.

That is incomprehensibly stupid.  It is also a very good way for the people who control dollars to extract the last bit of durable value from total idiots.

Massive panic-selling is a good opportunity to make dollars out of thin air, and give the panic-sellers what they’re asking for!

Note:  I am not suggesting that some monolithic hidden hand is ushering in the age of space aliens, or whatever.  Remember what I said earlier about the vectors of competing interests.

The U.S. Fed has a century-plus history of fucking the markets for the purpose of draining real value, and of helping hydra-head institutional banks to suck up real value.  They drain value chronically, in both “boom” and “bust” parts of their cycle, via instruments including (but not limited to) the hidden tax of Keynesian inflation (both through the obvious primary effect, and through the secondary effect of encouraging interest-bearing indebtedness by punishing savers).  They also do it acutely, as in the Great Depression—or in times such as now, when total idiots are panic-selling all kinds of value in exchange for a massive infusion of dollars.  LOL!

Other big players may well be desperately trying to stop the market from dying, because they will die with it.  Hey, how many wealthy, upper-class, well-connected New York financiers committed suicide in 1929?  Just for example.

Only a fool would claim to know in advance exactly how all of this will play out.  And to be clear, I myself am dosing with Hopium® for technological civilization to last at least a bit longer.  It may.  And none of us is prepared for otherwise.  Don’t argue with me; I obviously know what the fuck I am talking about.  99% of “prepper” stuff is, unfortunately, a self-comforting illusion.  A few people may be well enough prepared to have a small chance of long-term survival in the event of a global collapse—of the global collapse, an historically unprecedented event, the Fall of Rome raised by a few orders of magnitude.

I have my Bitcoin.  In the event that total collapse does not occur, times will still be tough; and Bitcoin will be a very useful form of money!  And if total collapse does occur, then I will have worse problems than losing all my savings.  For you see, I am strictly rational.  No hope.  No optimism, either.  Whatever may happen, I will meet it with dignity:  The one thing that cannot be taken from a man.

I scorn all hope:  Hope was the ill at the bottom of Pandora’s box, “the evil of evils, the most malign of all evils”.  For the lulz, keeping up with the theme of things that I did not study in school—in this case, something that was always obvious to me:  “(Gerade wegen dieser Fähigkeit, den Unglücklichen hinzuhalten, galt die Hoffnung bei den Griechen als übel der Übel, als das eigentlich tückische Übel: es blieb im Fass des Übels zurück)”.

Man and Technics

“Optimism is cowardice.” — Spengler (writing most of a hundred years ago)

[El duderino_]

https://twitter.com/RampCapitalLLC/status/1239523174770978816?s=20

@mindrust, gotta do it good bro

Post the faster one please. This one is a rookie.

Haha, thought your one only was a pic, didn't moved the wheel at first, now I see its a good one 

[mindrust]

Btw did  they find the cure?

https://www.news.com.au/lifestyle/health/health-problems/coronavirus-australia-queensland-researchers-find-cure-want-drug-trial/news-story/93e7656da0cff4fc4d2c5e51706accb5

[DireWolfM14]

Actually, I don't know where I can buy tether with Fiat where I can deposit via wire transfer in the U.S?

Seems like Gemini, coinbase don't support tether. Is there any other option?

In case you haven't gotten an answer; Kraken.  They support Tether, but honestly I haven't used their service, so it's not a recommendation.  I would just use Coinbase or Bitstamp to buy BTC then send it to Binance to trade for whatever.

[El duderino_]

Btw did  they find the cure?

https://www.news.com.au/lifestyle/health/health-problems/coronavirus-australia-queensland-researchers-find-cure-want-drug-trial/news-story/93e7656da0cff4fc4d2c5e51706accb5

Read that to, not to much hope yet imo

[marcus_of_augustus]

https://www.theburningplatform.com/2020/03/15/nothing-to-fear-but-fear-itself/

... Roosevelt used the fears of the American people to elevate the Federal government as the savior and ultimate allocator of dispensations to the masses. This is how politicians used fear in the 1930s to implement more control over our lives. They used the 2008 Wall Street created financial collapse to further confiscate the nation’s resources, while screwing over the little guy.

Now, we are in the midst of another manufactured crisis where government control of every aspect of our lives will be implemented through mandates, quarantines, and ultimately military force. There is nothing to fear but listening to politicians, government apparatchiks, and the hysteria inducing corporate media doing the bidding of their oligarch masters.

...
I’ve followed this entire coronavirus outbreak with a skeptical eye since it first appeared on the radar in January. Knowing that I’m lied to by virtually everyone has made it difficult to comprehend the truth about this ongoing crisis. We know China lied to the entire world about the outbreak in Wuhan. It wasn’t until social media revealed the true extent of the virus and quarantine of a city larger than NYC, that the world began to understand this was serious.

The fact that a military bio-lab in Wuhan somehow contributed to the initial outbreak has been downplayed by the propaganda media. The arrest of a Harvard chemistry professor and two Chinese nationals for trying to smuggle biological vials to China in January is also highly suspicious.  A Canadian government scientist at the National Microbiology Lab in Winnipeg made at least five trips to China in 2017-18, including one to train scientists and technicians at China’s newly certified Level 4 lab, which does research with deadly pathogens.

All indications point to this virus being man made, for purposes of biological war. Whether it was released into the world by accident or on purpose is unknown. What we do know is it is now spreading rapidly in every country around the globe. I don’t doubt it is highly contagious and will kill a large number of health compromised people. The growth rate goes exponential, based on what has happened in China, Italy and now countries across the globe.

...
In the middle of 2019, something beneath the surface of our debt based financial system broke. Suddenly, the Fed began to cut interest rates. This was done when the economy was “the best ever” according to Trump. They cut three times during the second half of 2019. The repo market went berserk in September. The Fed began “not QE” in January as the wheels began to fall off. The Wall Street lemmings cheered and bought everything in sight, propelling the market to the most overvalued in history. The Wall Street titans encouraged the public to buy, buy, buy.

...

In the past week, politicians, bureaucrats and bankers of all stripes have used this coronavirus crisis, to increase their control and power over our daily lives. They passed another “stimulus package” that was 300 pages and no one in Congress read before voting it through. It’s filled with pork and corporate goodies. Manuchin, another Goldman vampire squid, is doing all he can to keep the net worth of his banker and corporate buddies headed north during this crisis.

Bailouts for airlines, cruise lines, frackers, hotels, and any other favored industry is in the offing. The fact these fake capitalists borrowed at near zero rates and bought back hundreds of billions of their stock in order to boost their stock price and reward themselves with hundreds of millions in bonuses, is water under the bridge in our crony capitalist paradise. It is truly despicable and traitorous to bailout these scumbags after their ten year orgy on the nation’s wealth.

Trump and his minions are following the exact playbook used in 2008/2009. Socialism for the corporate titans when they blow up the financial system, while average Americans lose their jobs and have their 401ks wiped out for the 3rd time in the last two decades.

...

Main Street will be fucked over once again. ZIRP throws senior citizens under the bus. The spreading of irrational fear about this virus by the propaganda media is designed to convince the ignorant masses to beg their government keepers to save their lives. What critical thinking Americans should conclude is how corrupt, incompetent and evil their elected and unelected leaders have proven to be.

...

This Fourth Turning is really heating up. We have entered the phase where body counts will accelerate. No one knows whether the coronavirus will result in thousands of deaths or millions of deaths. Anyone telling you they know what is going to happen is a liar. If you think your Constitutional rights have been trashed through the mass surveillance being conducted by our government, you haven’t seen anything yet.

...
Millions will be sent to their deaths by foolish egomaniacal leaders. These crisis periods follow the same dynamic, only the specific events and triggers change. The existing social order will be swept away. Fourth Turnings always separate the wheat from the chaff. 2020 is destined to go down in history as the year where decades of lies, corruption, thievery and corporate fascism came crashing down. Who picks up the pieces after the crash will determine our future.

[xhomerx10]

Guys, check out silver price. 

It's actually in the buy zone for me. But ironically, no one can get silver at spot right now, the silver vendors have made sure of that with a high premium.

 You can buy unallocated pool metals from Kitco... I know, not your keys not your coins.   Also, not something I would do at this point, you get a 3% discount if you buy with Bitcoin.  I've been dealing with them for over 12 years now without issue. (including pool metals)
I have never used my Bitcoin there.

[Torque]

The one thing the public ISN'T talking about right now, because they are too distracted and bamboozled by bullshit:

https://twitter.com/NorthmanTrader/status/1239604208292200449

"How fragile must our financial system be that it requires zero rates, $700B in QE, $500B in repos not even 4 weeks from all time highs and still it is not enough?"

Yes, it *has* been that bad ever since the '08 financial crisis: A complete zombie economy hanging by a string.

[nullius]

You can buy unallocated pool metals from Kitco... I know, not your keys not your coins.

LOL, FTFY:

You can buy unallocated pool metals from Kitco... I know, not your coins not your coins.

...indeed, just like Bitcoin!  (At least in this respect.)

I have never used my Bitcoin there.

Well, you must be laughing it up at all the people HODLing dollars.

Why not take delivery?  Oh, right.  Hmmm.

[btcbeliever]

Actually, I don't know where I can buy tether with Fiat where I can deposit via wire transfer in the U.S?

Seems like Gemini, coinbase don't support tether. Is there any other option?

In case you haven't gotten an answer; Kraken.  They support Tether, but honestly I haven't used their service, so it's not a recommendation.  I would just use Coinbase or Bitstamp to buy BTC then send it to Binance to trade for whatever.

easy to convert usd to usdc on pro.coinbase.com, then of course send it anywhere to an outside wallet address.

[xhomerx10]

You can buy unallocated pool metals from Kitco... I know, not your keys not your coins.

LOL, FTFY:

You can buy unallocated pool metals from Kitco... I know, not your coins not your coins.

...indeed, just like Bitcoin!  (At least in this respect.)

I have never used my Bitcoin there.

Well, you must be laughing it up at all the people HODLing dollars.

Why not take delivery?  Oh, right.  Hmmm.

 Thanks for fixing that.  

 I have taken delivery in the past but dealing with physical metals is a pain in the ass and based on current events, I'm not so sure when the shit hits the fan it will be very useful anyway. Nobody wants to touch anything right now with or without a glove.

edit: I never laugh at another's misfortune

[xhomerx10]

72 hours old:

https://val-media.net/video/48/the-corona-solution?channelName=5e6b9404a4da1

 Wish you would have used a tripod or even a table; the motion of the camera was making me feel ill so I couldn't watch it all.  Hope I gained enough of your wisdom to survive in the few minutes i was able to watch.

Just listen may be?

 Tried that.  Same effect.

[nullius]

https://www.theburningplatform.com/2020/03/15/nothing-to-fear-but-fear-itself/

... Roosevelt used the fears of the American people to elevate the Federal government as the savior and ultimate allocator of dispensations to the masses. This is how politicians used fear in the 1930s to implement more control over our lives.

Good thus far...

What is unacceptable is panic, bureaucratic “do something!” tyranny, and worst of all, hybris.

[...]

I do not fear the virus.

I fear the government which claims jurisdiction over my secure undisclosed location.  Its current behaviour is alarming.

I fear the people talking apes around me.  They are panicking, behaving irrationally, and clamouring for an aggressive government response.  Predictably, the government replies with a bureaucratic mess that spectacularly fails to prevent the spread of the virus, whilst instantly instantiating a de facto dictatorship—not potential dictatorship, actual dictatorship, right now, today!  Nobody notices.

[...]

I’ve followed this entire coronavirus outbreak with a skeptical eye since it first appeared on the radar in January. Knowing that I’m lied to by virtually everyone has made it difficult to comprehend the truth about this ongoing crisis. We know China lied to the entire world about the outbreak in Wuhan. It wasn’t until social media revealed the true extent of the virus and quarantine of a city larger than NYC, that the world began to understand this was serious.

The fact that a military bio-lab in Wuhan somehow contributed to the initial outbreak has been downplayed by the propaganda media. The arrest of a Harvard chemistry professor and two Chinese nationals for trying to smuggle biological vials to China in January is also highly suspicious.  A Canadian government scientist at the National Microbiology Lab in Winnipeg made at least five trips to China in 2017-18, including one to train scientists and technicians at China’s newly certified Level 4 lab, which does research with deadly pathogens.

All indications point to this virus being man made, for purposes of biological war. Whether it was released into the world by accident or on purpose is unknown.

Now, hold up a moment!  Compare this:

0. Governments seize upon an emergency to arrogate unto themselves “emergency powers”.  Whether they create the emergency, or merely take opportunistic advantage of some existing situation producing panic which they can encourage and exploit. all that they need is an emergency.

The emergency may be a more or less real problem.  For example, the Roosevelt gold seizure exploited panic over the Great Depression.  No reasonable person denies that the Great Depression caused widespread worry and suffering.  I must mention this explicitly, because imbeciles the feeble-minded the subnormal Americans mental retards persons with intellectual disabilities irrationally assume that tyrants can only exploit fake events.

Yes, “fake” is not the same as “created by the government”.  Yes, also, I am reasonably sure that the Great Depression was caused by the Fed (whether from malice or stupidity), and subsequently exploited (from malice only).  Nevertheless, the same principle applies:  The fact that a crisis can be exploited—is being exploited for tyrannical purposes does not in itself support any inference whatsoever about its causes.  Tyrants can act opportunistically!

[...]

What is not taught in government schools or proclaimed by the propaganda spewing fake news media were the dictatorial type actions taken by FDR over the next month after his “inspirational” speech. He was the first Democrat president to not let a crisis go to waste. The day after his inauguration, Roosevelt assembled a special session of Congress to declare a four-day bank holiday, and on March 9 signed the Emergency Banking Act.

What the American people should have feared was the government taking control of every aspect of their lives and threatening them with imprisonment if their dictums were not followed. On March 6, taking advantage of a wartime statute that had not been repealed, he issued Presidential Proclamation 2039 that forbade the hoarding ‘of gold or silver coin or bullion or currency’, under penalty of $10,000 and/or up to five to ten years imprisonment.”

Yes, I have been hitting that point hard since I was a Newbie:

This is fact, not fancy.  Not some weird theory.  This is history:  It actually happened.  And if it happened before, it could happen again.

[...]

It happened: “CRIMINAL PENALTIES... 10 years imprisonment...” for keeping gold!

One month later, Roosevelt implemented Executive Order 6102 “forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States”. FDR, like every corrupt politician, overstepped his authority by invoking the Trading with the Enemy Act of 1917, to seize all the gold in the country. The fake reason for the order was that hard times had caused “hoarding” of gold, stalling economic growth and making the depression worse.

As usual, the Federal Reserve created the Great Depression through their recklessly easy monetary policy during the 1920s, creating a stock market bubble and its inevitable crash. The false rationale behind the order was to remove the restriction on the Federal Reserve which prevented it from increasing the money supply during the depression; the Federal Reserve Act (1913) required 40% gold backing of Federal Reserve Notes issued.

Excessive money printing by the Fed to benefit their Wall Street owners and the monied interests is a consistent theme since the Fed’s shameful conception in 1913. They catalyzed the Great Depression Fourth Turning in 1929 and seventy-nine years later created the current Greater Depression Fourth Turing in 2008. Americans should fear what they have done to our country.

Roosevelt used the fears of the American people to elevate the Federal government as the savior and ultimate allocator of dispensations to the masses. This is how politicians used fear in the 1930s to implement more control over our lives. They used the 2008 Wall Street created financial collapse to further confiscate the nation’s resources, while screwing over the little guy.

Hmmm...

Think it can’t happen?  Well—how many of you are American?  Private individual ownership of gold coins and bars was illegal in the United States for four decades.  “Hoarding” individual wealth in gold was banned from 1 May 1933 until 31 December 1974.  Vast amounts of gold bullion were confiscated from people, who were forced to accept instead the Monopoly Money known as “United States Dollars”.  Numerous individuals were criminally prosecuted for attempting to keep their gold—a crime according to Executive Orders 6102, 6111, 6260, and 6261, and the Gold Reserve Act passed by the U.S. Congress and signed into law by U.S. President Franklin Delano Roosevelt.

U.S. President Franklin D. Roosevelt signs law criminalizing gold
30 January 1934

Now, we are in the midst of another manufactured crisis

Protip:  When you have a rock-solid point that is completely indisputable as to fact, don’t bollox it up with stuff you cannot prove in black and white.

For example, everything that I said here is reasonably unimpeachable—unless somebody wants to deny that lockdowns are occurring, or whatever?

1. Under the banner of Emergency, governments inure panicked sheep to:

• ✔ Government control of food supplies
• ✔ Government control of both local and long-distance travel
• ✔ Arbitrary lockdowns
• ✔ Direct government control of each individual’s body, under the rubric of e.g. “healthcare”
• ✔ Arbitrary, peremptory government orders of any kind whatsoever
• Total government control of communications^*

(* In my nightmare, this has not yet started; thus, I would still be able to post this message.  The worst part of my nightmare is when I discover that dissent is so marginal amidst the mass-panic, the government finds it unnecessary to control communications.)

All of these actions are praised by the sheep, due to mass panic.  Dissidents will be immediately labelled “conspiracy theorists” and/or accused of wanting for people to die.

2.  The government’s actions do not actually stop the emergency.  This is a feature, not a bug.  Short-term “emergency” measures become long-term daily realities to which people have become accustomed:  The instant new normality.

(For my nightmare, it would be quite convenient if, say, the “emergency” were a rapidly spreading infectious disease with high fear factor and low lethality.  With a bit of luck, such an emergency may continue for long enough to make total, inescapable global tyranny an accomplished fact—or even indefinitely!)

To be clear, I concur with the same points about the government responses.  I am urging more effective advocacy.

[LFC_Bitcoin]

Anybody think the bottom is in & we’ll ride it out sideways for a bit until this fucking virus FUD dies out before heading to $7000 & beyond near the halving?

If I had to bet on an outcome this would be it?