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

[marcus_of_augustus]

https://www.forbes.com/sites/zakdoffman/2020/03/14/new-warning-issued-for-all-whatsapp-and-imessage-users-major-threat-to-encryption

Security advocates claim this is a clever ruse to bypass the debate and slip the rules through the backdoor, so to speak. As Sophos complained, “while we’re all distracted by stockpiling latex gloves and toilet paper, there’s a bill tiptoeing through the U.S. Congress that could inflict the backdoor virus that law enforcement agencies have been trying to inflict on encryption for years.”

Ok, this seals it for me, the bio-engineered virus is a spook operation for sure. Probably CIA is only agency with access to such bio-weapons or authority to commandeer such access. NSA is branch of army so maybe them too but unlikely to get involved. May even be a rogue branch that 'slipped up' while doing their hidden masters bidding from the seat of the UN or some other global secret society power, e.g. Fabians.

But this is disgustingly completely corrupted at the highest levels of power in the USA. While US Congress and administration is telling everyone to stay at home and lock down they are rushing through a bill that has zero to do with the virus emergency or protections, etc, and at the same time have taken extended leave. Why not debate this in stable times? Why rush this through in silence at the height of a crisis if not thoroughly corrupt? Where's the urgency?

Where's the outrage in the US? It's time to clean Washington out with something stronger than disinfectant, long past time. The place stinks like a rotten turd world sewer. The powers pulling the strings maybe global but always it is the US intelligence agencies that are doing their shitty dirty work. And the stupid (paid off, bribed, extorted?) US Congress signs it off every fucking time.

Jeffery Epstein didn't kill himself. And not one "child protection" law stopped Jeffrey, Washington enables paedophiles everywhere but silences their free citizens. The US has become one of the most corrupt and corrupting power centers the planet has ever seen, by ways of deception that are too morally repugnant for most ordinary people to comprehend. Between them and the Communist Chinese gang the planet of humans is truly fucked.

[eddie13]

https://www.forbes.com/sites/zakdoffman/2020/03/14/new-warning-issued-for-all-whatsapp-and-imessage-users-major-threat-to-encryption

Security advocates claim this is a clever ruse to bypass the debate and slip the rules through the backdoor, so to speak. As Sophos complained, “while we’re all distracted by stockpiling latex gloves and toilet paper, there’s a bill tiptoeing through the U.S. Congress that could inflict the backdoor virus that law enforcement agencies have been trying to inflict on encryption for years.”

Ok, this seals it for me, the bio-engineered virus is a spook operation for sure. Probably CIA is only agency with access to such bio-weapons or authority to commandeer such access. NSA is branch of army so maybe them too but unlikely to get involved. May even be a rogue branch that 'slipped up' while doing their hidden masters bidding from the seat of the UN or some other global secret society power, e.g. Fabians.

But this is disgustingly completely corrupted at the highest levels of power in the USA. While US Congress and administration is telling everyone to stay at home and lock down they are rushing through a bill that has zero to do with the virus emergency or protections, etc, and at the same time have taken extended leave. Why not debate this in stable times? Why rush this through in silence at the height of a crisis if not thoroughly corrupt? Where's the urgency?

Where's the outrage in the US? It's time to clean Washington out with something stronger than disinfectant, long past time. The place stinks like a rotten turd world sewer. The powers pulling the strings maybe global but always it is the US intelligence agencies that are doing their shitty dirty work. And the stupid (paid off, bribed, extorted?) US Congress signs it off every fucking time.

Jeffery Epstein didn't kill himself. And not one "child protection" law stopped Jeffrey, Washington enables paedophiles everywhere but silences their free citizens. The US has become one of the most corrupt and corrupting power centers the planet has ever seen, by ways of deception that are too morally repugnant for most ordinary people to comprehend. Between them and the Communist Chinese gang the planet of humans is truly fucked.

WTF ever.. What country would you rather be the world superpower?
The entire world is lucky that the USA is top dog and not anyone else..

edit, the forum just glitched hardcore while posting this..

[nullius]

I never liked talking about this.  (Privacy, y’know.)  Whereas the point is too important here...

Yeah I dunno

I shaved off my "feeling better" money at $13

dollars

...I ain't doing that shit again

Date Registered:   January 04, 2012, 02:23:16 PM

[...] Damn, you're an old-timer.

Old timer... Whatever.

(Date Registered: July 23, 2011, 06:23:50 PM)

I have a little story that will make jojo69 feel better about selling anything whatsoever at $13.

I have said parts of this before, in various threads.  (Will not now waste time mining for self-quotes.)

I discovered Bitcoin rather early.  I don’t want to say exactly how early—enough so that the original Zerocoin paper immediately caught my attention in 2013.  So, significantly earlier than that.

I didn’t buy.  Didn’t even mine (when that could still be done with commodity hardware).  Didn’t even play with the software!  Didn’t bother creating a forum account before 2017, although of course, I knew about this place long before then.  (And if anybody was wondering how, at Newbie rank, I came out swinging in the thick of the fork wars within 36 hours of when I started actively posting—then the next day, hopped over to defend Segwit in Development & Technology...  ...and yes, I was in the Lauda camp before I even registered.)

Bitcoin was an intellectual curiosity which fascinated me, given my interest in cypherpunk money going back to the 90s.  I casually followed its development, from a distance.  I just could not stand the privacy problems of a global public ledger.  I hoped that Bitcoin would lead to better technologies; and just like all those technocratic blockheads whom I have always despised, I was more focused on the technology than on the organic, unduplicable, rapidly growing Bitcoin Social Phenomenon.

After all that I had read about Bitcoin, I actually got into cryptocurrency via Zcash, which I had been patiently awaiting for several years.  Thereupon, I endured a hard lesson in the virtù of Shitcoin Minimalism (h/t qwk (date registered: 2011-06-15)).  Hello, Bitcoin:  I have always loved you in theory; now, I embrace you in practice.

I could have been “Bitcoin rich”.  Could have been.

I hope that people learn something from my story.

The funniest part:  Most of the regulars on this thread have far more Bitcoin than I do, even though I am all in on Bitcoin with my life savings.  In terms of personal wealth, I never had much money.  Now, because I was reading about Bitcoin and sitting on my hands when I should have been getting in, I don’t have much Bitcoin.  The Bitcoin is what I have, and is thus all the more precious to me...

mindrust, don’t take my recent posts the wrong way.  I wandered into WO via your post history, because I’ve been checking up on people whom I respect—hoping that everyone is ok.  Oh, forking hell, mindrust just did what!?  Ouch.  Hey, I was a “nocoiner” who admired Bitcoin from a distance for years.  It has worked out so terribly well for me, as you can see.

Most bitcoins were mined when their price was below 50 bucks. There are millions of them. [...]

One of the reason I was so freaked out when I read there were coins moved to exchanges after 10 foookin years. 10 fookin years.

Latecomers only sell because they panic (like me), it is the early adopters taking a dump on us.

We are betrayed.

How do you think I feel right about now, or ever?  The almost early adopter.  Who could have had the secret keys to ancient coins neatly tucked away.  Fuck me.  I betrayed myself.

I believe in leading by example.  In this case, please take the story of my personal crypto-journey as an example of what not to do.

Regardless of all the emotional whining, last time I checked there is still no decentralised permissionless digital currency out there with the same potential and standing as Bitcoin. So it’s buying Bitcoin at (still) cheap prices to me, although the time frames may have shifted.

I can wait...

Damn straight.

On the other side of the coin, if Bitcoin fails, then we will all be globally, historically fucked in a thousand ways that you never even imagined.  Spunky little Bitcoin, whose whole market cap is a drop in the bucket of the global financial markets, is now all we have to advance the cause of financial freedom against the tyranny of an international system that reads your soul (and your practical activity) by watching all that you buy and sell, and that is moving toward the point that it can starve any dissent simply by freezing the money of anybody deemed undesirable.

When hardcore HODLers are panic-selling, the prospect of losing the value of my life savings is actually the least of my concerns.  Hello, WO!  I never posted here before, because I am not a financial investor.  Now, I am here saying to BUY and HODL.

Quite frankly, I tell you that that is risky—for everything is high-risk right now.  Manage the risk rationally:  No FOMO panic-buys, and no panic-selling!  I also candidly point out that Bitcoin is less risky than government-issued toilet paper—which historically has always been the worst risk in times of social breakdown!  I hereby add that if the sheep all run away from Bitcoin, then we will all be as lambs to the slaughter.

BTC won't rescue anyone from their own misery, self pity and incompetence. But it can make one realise his/her dreams. That's my bet.

I dream of not needing to ask anybody’s permission to use my own money, and of easily carrying on private transactions with anybody in the world.  Bitcoin is my bet.

[Jeremy Franklin]

If you feel sad after this sell-out always remember, its a bubble!

https://www.youtube.com/watch?v=KTf5j9LDObk

[nullius]

WTF ever.. What country would you rather be the world superpower?
The entire world is lucky that the USA is top dog and not anyone else..

Stereotypical American.  And you wonder why most of the world justifiably hates you.  Look in the mirror.

There are some individuals from America whom I respect and admire.  They don’t have this American attitude; and most of them hate America, too.

Anyway, all of those [India, Europe, China, Japan, Arabia, Turkey, and others] are superior to America, which never had a high culture, and which is the world-destroyer of all cultures.  You must Americanize your country, or else the American world-police will bomb you into “liberation” so that you can “enjoy” the “freedom” to think like Americans, act like Americans, eat at McDonald’s like Americans, vote like Americans, and most importantly, do whatever America tells you.  No—most importantly, you shall love America!  “God” “bless” the “Land of the Free”!

edit, the forum just glitched hardcore while posting this..

Then delete your duplicate post with absolutely identical content, instead of waiting for someone else to clean it up for you.  “How to use a forum” at n00b level.

Ok, this seals it for me, the bio-engineered virus is a spook operation for sure. Probably CIA is only agency with access to such bio-weapons or authority to commandeer such access. NSA is branch of army so maybe them too but unlikely to get involved. May even be a rogue branch that 'slipped up' while doing their hidden masters bidding from the seat of the UN or some other global secret society power, e.g. Fabians.

You would be making some great points, if you weren’t mixing them with arrant nonsense.

N.b. that these conclusory leaps of logic also tend to discredit in the public mind anybody who has sound reasons for being wary of the CIA, the NSA, the UN, the Fabians, et al.  Such as myself.  Why, it is almost as if there is some sort of a conspiracy to discredit rational investigation of such matters. :-/

[eddie13]

most of the world justifiably hates you.  

Jealousy..

[lightfoot]

Something occured to me today watching bits of Trump:

I don't think he wants to be President anymore. It's no fun when tens of thousands of people may die because you're a stupid buffoon. And now that he can't shake hands, hold elaborate dinners, and instead is expected to deal with a meltdown it's not the job it used to be....

Interesting.

[Wilhelm]

Something occured to me today watching bits of Trump:

I don't think he wants to be President anymore. It's no fun when tens of thousands of people may die because you're a stupid buffoon. And now that he can't shake hands, hold elaborate dinners, and instead is expected to deal with a meltdown it's not the job it used to be....

Interesting.

Karma at it’s best ...

[Biodom]

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

Eh, we're merely back to 2018 levels. It needs to fall a LOT more to hit 2008 values.

2008(9) values? Only in a Depression, which this guy estimates only at 10-20% chance:

https://www.bloomberg.com/news/articles/2020-03-16/guggenheim-s-minerd-sees-10-20-chance-of-global-depression

My current plan is to start buying stocks at 50% discount (SP500 at 1700, roughly, which is, incidentally, is also a 61.8% point of the entire move from 666 to 3392), fully expecting a possibility of a move to 1500-1600 area before the strong bounce. Not going to buy any current bounces. BTC-hold.
I am talking here only about an inititial move and a rebound. The whole structure might take decades to resolve (aka Japan 1989-2009).

Listen carefully to Novo here (trading advice):
https://youtu.be/_9-6tSO7w3A

[BitcoinBunny]

Something occured to me today watching bits of Trump:

I don't think he wants to be President anymore. It's no fun when tens of thousands of people may die because you're a stupid buffoon. And now that he can't shake hands, hold elaborate dinners, and instead is expected to deal with a meltdown it's not the job it used to be....

Interesting.

You gotta be pretty ignorant to think that Trump doesn't know that a presidency is mostly defined by what happens around you, not just what you bring to the table.

Meanwhile some guy in China can't wait to cut open a salamander and dip his asshole in a jar of chicken juice later today.

[BitcoinBunny]

most of the world justifiably hates you.  

Jealousy..

Pretty much.

[gentlemand]

Something occured to me today watching bits of Trump:

I don't think he wants to be President anymore. It's no fun when tens of thousands of people may die because you're a stupid buffoon. And now that he can't shake hands, hold elaborate dinners, and instead is expected to deal with a meltdown it's not the job it used to be....

Interesting.

Did he ever I wonder? He would've had a lot more fun if he'd been beaten and plenty say that was the actual plan.

I wonder what he thinks sat in his g string all alone watching TV at night. Not a great I assume but there might be some regrets deep down somewhere. However his ego won't allow him to lose so he's going to see it through no matter what. He'll probably reach a point where he signs anything put in front of him without reading it so he can get back to his big mac. Maybe America will end up with Karl Marx Day because of it.

[LFC_Bitcoin]

We’re only down 0.63% in the last 24 hours.

Observing $5,300......

[BitcoinBunny]

I'm actually surprised how well Bitcoin is weathering the storm over the last 24-48 hours. Really thought we would see 2xxx by now, even if it was only there for a little while.

[bitserve]

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

Eh, we're merely back to 2018 levels. It needs to fall a LOT more to hit 2008 values.

In Spain we are now already BELOW the lowest point of 2008 (IBEX35). EUROSTOXX50 will be there soon too.

And there have never been a drop as sharp as this one. It dwarfs the 2008 movement.

This is way more than just a financial/liquidity crisis.

US is next....

Interesting times.

[Bitcoinaire]

This was one of the comments:

https://www.tradingview.com/chart/BTCUSD/qNy2lBH5-Bearish-outcome-of-previous-ideas/

[BitcoinBunny]

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

Eh, we're merely back to 2018 levels. It needs to fall a LOT more to hit 2008 values.

In Spain we are now already BELOW the lowest point of 2008 (IBEX35). EUROSTOXX50 will be there soon too.

And there have never been a drop as sharp and deep as this one. It dwarfs the 2008 movement.

This is way more than just a financial/liquidity crisis.

US is next....

Interesting times.

Tourism probably explains the Spanish stock exchange for a large part.

What I'm surprised at, at some of the press conferences today from world leaders is no one (leaders or journalists) gave two fucks about all the citizens who to a large part are stranded abroad. I know some people who are going via a charity to probably get home.

[fabiorem]

Ok, this seals it for me, the bio-engineered virus is a spook operation for sure. Probably CIA is only agency with access to such bio-weapons or authority to commandeer such access. NSA is branch of army so maybe them too but unlikely to get involved. May even be a rogue branch that 'slipped up' while doing their hidden masters bidding from the seat of the UN or some other global secret society power, e.g. Fabians.

The virus was engineered by a laboratory in Wuhan, and includes parts of tuberculosis and HIV. However, most of those reported with the virus dont have it, and most deaths also have nothing to do with it. Basically, anyone dying from pneumonia or from a cold is being marked in hospitals as a victim from the virus. The virus is real, but the pandemic is fake.

The ones who died in China, however, were infected by it. Since its a hybrid virus, it needs a push to work properly, and this was done with the 5G installed in Wuhan. The process of electroporation allows for remote control of the virus, through the use of nanomilimeter waves. These waves can penetrate the body and reach the cells, but they need an agent and a transmitter, in other words, the virus and the 5G cellphone.

The chinese population was vaccinated against coronavirus in December 2019.

[bitserve]

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

Eh, we're merely back to 2018 levels. It needs to fall a LOT more to hit 2008 values.

In Spain we are now already BELOW the lowest point of 2008 (IBEX35). EUROSTOXX50 will be there soon too.

And there have never been a drop as sharp and deep as this one. It dwarfs the 2008 movement.

This is way more than just a financial/liquidity crisis.

US is next....

Interesting times.

Tourism probably explains the Spanish stock exchange for a large part.

What I'm surprised at, at some of the press conferences today from world leaders is no one (leaders or journalists) gave two fucks about all the citizens who to a large part are stranded abroad. I know some people who are going via a charity to probably get home.

THe impact on tourism is and will be *HUGE*... But the impact from the lockdown (while probably necessary) will be even bigger. Absolutely incalculable.

Usually embassies help on repatriating citizens trapped in foreign countries in case of disaster but... there's not that much they can do at this point when no matter in which country they are if they are probably also in lockdown. People are advised to stay wherever they are. Frontiers and airlines are shutting down most everywhere in Europe.

In one or two weeks into the lockdown it will maybe possible to reevaluate the situation but at this point there is a huge uncertainty about... most everything.

As I said... Interesting times.

[BitcoinBunny]

Ok, this seals it for me, the bio-engineered virus is a spook operation for sure. Probably CIA is only agency with access to such bio-weapons or authority to commandeer such access. NSA is branch of army so maybe them too but unlikely to get involved. May even be a rogue branch that 'slipped up' while doing their hidden masters bidding from the seat of the UN or some other global secret society power, e.g. Fabians.

The virus was engineered by a laboratory in Wuhan, and includes parts of tuberculosis and HIV. However, most of those reported with the virus dont have it, and most deaths also have nothing to do with it. Basically, anyone dying from pneumonia or from a cold is being marked in hospitals as a victim from the virus. The virus is real, but the pandemic is fake.

The ones who died in China, however, were infected by it. Since its a hybrid virus, it needs a push to work properly, and this was done with the 5G installed in Wuhan. The process of electroporation allows for remote control of the virus, through the use of nanomilimeter waves. These waves can penetrate the body and reach the cells, but they need an agent and a transmitter, in other words, the virus and the 5G cellphone.

The chinese population was vaccinated against coronavirus in December 2019.

I heard it was a Giant Panda who took two shits in quick succession and didn't wash his paws in time.