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

[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.

[bitserve]

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.

Can you point me to any solid/irrefutable evidence of that?

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.

 

Ok. Nevermind.


It was all a joke, ain't it?

[nutildah]

... And sea sponges injected 70% of their DNA into humans.

Explains a lot, really.

[Biodom]

... And sea sponges injected 70% of their DNA into humans.

Explains a lot, really.

oh my, I actually used one today...now i have their DNA, lol

[Searing]

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.

Great fun 'playing' President, not so much when you have to actually act like a President with real ideas and leadership...and of course 'consequences' ...like when he is out

of office and the investigations can resume.

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

Observing $5,300......

I'm actually impressed as hell, that after today and such that we are at $8,100.00 USD BTC as I type this.

I hope a bit of 'decoupling' is in the works between everything just falling because the stock market decides to lose its mind.

(to be fair Trump is in office, the Fed acted 3 days early from a meeting on a Sunday, hell, maybe the markets are exactly right..panic.panic.panic?)

damn, this is the start of a very weird year 2020 looks like this is gonna last more than a bit and well into such, it seems...



edit:

As an aside, I find it very weird that I'm not more upset about the Trump mismanagement, the cuts in CDC and lack of preparation compared to even 5 years ago

of such a crisis, when at least the government had more resources deployed on this possibility and would 'game it out' sometimes with some seriousness.

But I find myself debating other issues like:  How long will local grocery stores deliver food and do I have enough? (told to stay in 65 years and live alone don't ya know)

How to make my meal preparation include Ramen noodles at LEAST every other day for a meal (ack! the horror ack!)

I should perhaps be happy about these 'real-world distractions' and find myself 'grateful' for BTC/Crypto HODL even if the value goes down 75%...even with that

and all this, and my traditional monthly income. I'm remarkably calm about all this stuff.

I'm in a 'hell' of a lot better position with this whole 'pandemic' thing then I otherwise would be, if I never into BTC/Crypto and used it to also used it to manage my

other financial interests and no DEBT and such and will at soc sec retirement, retire 3.3 years early! So best to be positive about this kinda thing and call it a win. I

would NOT want to have my direct care worker job in a group home now under these circumstances that is one thing about BTC/Crypto at least I retired 3.3 years

earlier than I planned. (I can still dump supplies off with the group home if they get that far down the list w/o risk exposure on grocery pickup if needed)

Reality: It is not just the President anymore, Trump clueless though he is, that is I'm having a bit of a 'wake-up call' to this whole clusterf*ck. Reality sometimes is too real!

So, if in the USA, I'd take advantage of stocking up on free shopping and you pick up delivery and pay by line to 'add some spice' to your home confinement. (All the

perks of home arrest without the fashion-challenged ankle bracelet thingy) I suspect this will get big enough in a month that the perk of free off the shelf shopping using the

web and all you have to do is pickup will be gone in a month or so.

Damn, I'm glad I have a kindle/inet and amazon prime!

Anyway, puts things in perspective on LOTS of things that is for sure.

[DaRude]

Come on Bitcoin - you know what to do. It's your time to shine.

Actually, maybe we are seeing some decoupling of BTC/Crypto prices from the US Stock Market..or at least, IMHO, not as much as I dreaded!

Come on Bitcoin, you know the rule, if you are running from Bears you don't have to run faster than than the Bears, just the other guy, er 'stock market'

Futures are up ~4% not observing decoupling just yet

[Searing]

Come on Bitcoin - you know what to do. It's your time to shine.

Actually, maybe we are seeing some decoupling of BTC/Crypto prices from the US Stock Market..or at least, IMHO, not as much as I dreaded!

Come on Bitcoin, you know the rule, if you are running from Bears you don't have to run faster than than the Bears, just the other guy, er 'stock market'

Futures are up ~4% not observing decoupling just yet

I am trying to 'reform' my image on WO and be 'hopeful' (I may have just tilted the Universe and made everything worse! Ack!)

Anyway, also I'd recommend watching a movie called 'Contagion' and a PBS show that is really good called "Alone in the Wilderness" if you have to cope like me.

Or hell everyone jumps on and revives their decade-old WOW account?

The old Chinese Curse comes to mind: May you live in 'interesting' times.

[JayJuanGee]

I'm actually impressed as hell, that after today and such that we are at $8,100.00 USD BTC as I type this.

You must either be a future traveler or a traveller of the past, Searing. 

Alternatively, you might need to refresh your page or reboot your computer.

Just for the record:  In the past three hours, BTC prices have largely bounced between $5,200 and $5,400....

There have been no significant or meaningful BTC price movements or spikes outside of that price range... so far.  Can ONLY wish.. maybe in a week or two, best case scenario, and a year or so, worser-case scenario (I won't mention the actual worst-case scenario, we already have enough depressing news in actual reality and also coming through the keyboards of certain doom and gloom bear-leaning BTC price prognosticators).

[asUHWEceyc]

wut if

we hit a new low

AND

mcafee ends up right ?

5000ea stimulus distributed through new FEDCOIN

[Paashaas]

There are 182,700 confirmed cases worldwide affecting 162 countries with 7,171 deaths. (Numbers pilling up while making this post )

- New countries infected: Cayman Islands, Eswatini, St. Vincent Grenadines, Mayotte, Mauritania, Greenland, Liberia, Bahamas, Tanzania and Somalia.

- Italy reports another 3,233 cases + 349 deaths....(take care fillippone)

- Spain reported 2,098 new cases.

- Canada closes borders to foreign travelers.

- Venezuela's Maduro orders nationwide lockdown.

- France will be put on lockdown, orders people to stay home for 15 days

- Germany has closed places of worship, bars, restaurants, museums and cinemas.

- Humanitarian groups warn of Covid19 "carnage" among refugee camps in Syria, Yemen and Venezuela. Iran, Bangladesh, Afghanistan and Greece also at risk.

- The Spanish government has requisitioned its private healthcare sector.

- Donald Trump calls for a lockdown of America, including the closing of restaurants and schools.

- San Francisco on lockdown, residents will be required to stay at home except for essential needs.

- New York City will close the largest public school system in the US.

- Companies closing all of their stores across the U.S: Apple, Nike, Hollister, Patagonia, Under Armour, Lush Cosmetics, Free People, Everlane, REI, Glossier, Lululemon, Reformation, Anthropologie, Outdoor Voices, Abercrombie & Fitch.

- Washington State closes restaurants, bars, food courts, taverns, coffee shops, gyms, and more. Also bans gatherings of over 50 people.

- A US sailor aboard a warship ship tested positive for the coronavirus for the first time.

- The US embassy and the British Foreign Office are advising their non-resident citizens to leave Argentina.

- South Africa declared a national disaster and introduced a series of drastic measures to fight the coronavirus outbreak in the country.

- Russia will limit entry to foreign visitors. Moscow bans all events with more than 50 people.

- Luxembourg closing bars and restaurants.

- 90% Air France/KLM fleet stays on ground.

- Australian airline Qantas to cut international flights by 90%.

- Fiat Chrysler, Peugeot, Citroën and Opel suspending European production.

- The EU will ban all non-essential travel into Europe for 30 days.

- Egypt suspending all flights.

- IMF prepares $1 trillion bazooka.

- Dow Jones tanked with 3,000 points (12.9%), largest point drop in history.

- Turkey suspends Friday prayers.

- Armenia declares state of emergency.

- Sudan has closed all airports, ports, and land crossings.

- Actor Idris Elba has tested positive for coronavirus.

- Game of Thrones actor Kristofer Hivju who played the character Tormund Giantsbane announced on his Instagram page that he has tested positive for coronavirus.

- Monaco's prime minister has tested positive.

- Chile tightens borders, bans foreigners from entry.

- McDonald's closes dining areas at company owned restaurants.

- Hundreds of prisoners escape in Brazil amid Covid-19 anger.

- Hong Kong will quarantine arrivals from all foreign countries.

[ChuckBuck]

You did not prepare financially and psychologically for BTC prices to go down, which would be having the ability to buy moar in the case that BTC prices were to go down, which they did?

Yah, I didn't have any preparation for this, I was too apathetic because I thought that Corona wouldn't make too much impact. I am completely carefree   Quite sore  

Dow is down 10%, but btc is holding 5K nicely.

It's been temporarily stable for now, but I don't know when the next drop will come. I am looking to buy some Bitcoin but it seems this is quite difficult, no one wants to sell Bitcoin on this forum  

There are 182,700 confirmed cases worldwide affecting 162 countries with 7,171 deaths. (Numbers pilling up while making this post )

Everything are getting worse, some anticipate that the peak of this outbreak will be around the next 2 weeks, I'm pretty worried because the country I'm living in country is getting more cases every day. The only thing that is safe is that I am living in an epidemic-free area, but not sure in the future

[Searing]

I'm actually impressed as hell, that after today and such that we are at $8,100.00 USD BTC as I type this.

You must either be a future traveler or a traveller of the past, Searing. 

Alternatively, you might need to refresh your page or reboot your computer.

Just for the record:  In the past three hours, BTC prices have largely bounced between $5,200 and $5,400....

There have been no significant or meaningful BTC price movements or spikes outside of that price range... so far.  Can ONLY wish.. maybe in a week or two, best case scenario, and a year or so, worser-case scenario (I won't mention the actual worst-case scenario, we already have enough depressing news in actual reality and also coming through the keyboards of certain doom and gloom bear-leaning BTC price prognosticators).

Trying to re-live my 'big balls' 2013 newbie past, when I dumped 1/4 of my take-home income on a KNC Jupiter BTC miner. Man the BTC/Crypto kool-aid was strong back then...

I'm probably gonna 'wimp' out but I'm trying! Damn, I was an 'impressive' newbie...I miss the stupid and dumb luck stuff I used to just do and be correct...and take it as a given...

ah..the BTC/Crypto 'cult' was strong in my heart then.

[HI-TEC99]

I'm actually impressed as hell, that after today and such that we are at $8,100.00 USD BTC as I type this.

You must either be a future traveler or a traveller of the past, Searing. 

Alternatively, you might need to refresh your page or reboot your computer.

Just for the record:  In the past three hours, BTC prices have largely bounced between $5,200 and $5,400....

There have been no significant or meaningful BTC price movements or spikes outside of that price range... so far.  Can ONLY wish.. maybe in a week or two, best case scenario, and a year or so, worser-case scenario (I won't mention the actual worst-case scenario, we already have enough depressing news in actual reality and also coming through the keyboards of certain doom and gloom bear-leaning BTC price prognosticators).

Trying to re-live my 'big balls' 2013 newbie past, when I dumped 1/4 of my take-home income on a KNC Jupiter BTC miner. Man the BTC/Crypto kool-aid was strong back then...

I'm probably gonna 'wimp' out but I'm trying! Damn, I was an 'impressive' newbie...I miss the stupid and dumb luck stuff I used to just do and be correct...and take it as a given...

ah..the BTC/Crypto 'cult' was strong in my heart then.

What do you mean by 'wimp' out?

[JayJuanGee]

You did not prepare financially and psychologically for BTC prices to go down, which would be having the ability to buy moar in the case that BTC prices were to go down, which they did?

Yah, I didn't have any preparation for this, I was too apathetic because I thought that Corona wouldn't make too much impact. I am completely carefree   Quite sore  

Surely hard to blame you when I hardly know too many of your circumstances without having to go through your whole post history or even any significant amount of your posting history.

I do see that you registered on the forum before me, so you are not really any kind of newbie, yet I also understand that personal circumstances and even view of the market can change in such a way in which your BTC investment strategy might not keep up... or you are not able to adapt your strategy in a way that adequately accounts for both market circumstances and your own individual circumstances.

Dow is down 10%, but btc is holding 5K nicely.

It's been temporarily stable for now, but I don't know when the next drop will come. I am looking to buy some Bitcoin but it seems this is quite difficult, no one wants to sell Bitcoin on this forum  

I also noticed from your profile that it asserts that you are in vietnam...

Don't you have access to local bitcoins in vietnam?  Sometimes if you establish relationships with folks, then you can buy directly and in person.. the good old days of local bitcoins, that no longer really works in the USA...
 
I suppose that you can explore your options.. I know in the past there were a lot of forum members that would buy and sell bitcoins to each other, but I think that in recent times, members are more leery of that, and maybe there are just way more avenues available.. and you can explore avenues outside of the forum, right?

I agree with you regarding price.. who knows, but it might not hurt to pick up a few btc in this price territory if you have not purchased recently and you have some cashflow to reasonably accomplish that.

[JayJuanGee]

I'm actually impressed as hell, that after today and such that we are at $8,100.00 USD BTC as I type this.

You must either be a future traveler or a traveller of the past, Searing. 

Alternatively, you might need to refresh your page or reboot your computer.

Just for the record:  In the past three hours, BTC prices have largely bounced between $5,200 and $5,400....

There have been no significant or meaningful BTC price movements or spikes outside of that price range... so far.  Can ONLY wish.. maybe in a week or two, best case scenario, and a year or so, worser-case scenario (I won't mention the actual worst-case scenario, we already have enough depressing news in actual reality and also coming through the keyboards of certain doom and gloom bear-leaning BTC price prognosticators).

Trying to re-live my 'big balls' 2013 newbie past, when I dumped 1/4 of my take-home income on a KNC Jupiter BTC miner. Man the BTC/Crypto kool-aid was strong back then...

I'm probably gonna 'wimp' out but I'm trying! Damn, I was an 'impressive' newbie...I miss the stupid and dumb luck stuff I used to just do and be correct...and take it as a given...

ah..the BTC/Crypto 'cult' was strong in my heart then.

Well, frequently the amount of risk that you take will change based on circumstances such as your age and the market conditions.

Of course, there are always opportunities out there, and sometimes those opportunities will be present in crazy ass times like these, but sometimes, there could be some benefit in trying to time entrance that is based on more stable times.

2013 was a kind of unique time in bitcoin, and even though the btc market corrected substantially in 2014 and 2015, we surely can see a decent number of cases of people taking risks in 2013 that ended up paying off, so long as they stuck out their plan for a few years, and especially paying off in large for the 2013-ish entrants in 2016 and 2017.

I agree with you that there might be some similar opportunities in bitcoin currently, and yet I am not sure about what angle those opportunities might be for individuals (except maybe programmers or charismatic podcasters) when the space has already blown up so much?  mining seems to have gotten a lot BIGGER in recent time, so harder for individual entrants, so maybe you are just itching to get into some kind of ICO or shitcoin... hahahahahaha... make your own "Brad is spreading optimism" coin... so we will have to shoo you away and out of the thread... or join in a niche like Elwar in promoting the niche of seasteading.. hahahahaha.. another possible scam...  if you start going down those kinds of rabbit holes, then you can do a trace mayer, too.. and lose some forum credibility.

[nutildah]

Just a bit of fun speculation -

What price do you see one bitcoin being valued at in 10 years, take a guess?

I'd be absolutely fucking delighted with $5,000 per bitcoin.

Just a little blast from the past.