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

[Lambie Slayer]

They're going to drop sacks of money from helicopters in the US.

I pledge to put my sack of money into the nearest fucking bitcoin machine.

I too will take the soon to be viral Lightfoot Challenge. 

[Lambie Slayer]

https://sharylattkisson.com/2020/03/new-the-first-59-u-s-coronavirus-deaths-by-state-and-age/

This thing is almost exclusively taking out very sick very old people. Most of these people would have probably died this year or next anyway.

Ill bet when this is over the global death rate will not be any higher than normal.

People talk about health systems being overloaded but this thing is just freeing up beds by taking out people who would be using hospital beds a lot in the coming year.

Covbull-19 is not to be feared. Asia has basically beaten it in a matter of weeks with about 5k total death.

Bitcoin getting stronger every day, it never panics.

[Febo]

https://sharylattkisson.com/2020/03/new-the-first-59-u-s-coronavirus-deaths-by-state-and-age/

This thing is almost exclusively taking out very sick very old people. Most of these people would have probably died this year or next anyway.

It does if it is controlled. I dont know real data but from statistic of 12 corona patient on intensive care, USA should have around 100 corona virus patients hospitalised. That is nothing. Italy have 14954 patients in hospital, 2060 of them are on intensive care. Their hospitals are overwhelmed. So not only very old and already sick are dying there but also others. Not to mention someone having a car accident. He simply cant have same care as they would get few months ago.

[bkbirge]

https://sharylattkisson.com/2020/03/new-the-first-59-u-s-coronavirus-deaths-by-state-and-age/

This thing is almost exclusively taking out very sick very old people. Most of these people would have probably died this year or next anyway.

Ill bet when this is over the global death rate will not be any higher than normal.

People talk about health systems being overloaded but this thing is just freeing up beds by taking out people who would be using hospital beds a lot in the coming year.

Covbull-19 is not to be feared. Asia has basically beaten it in a matter of weeks with about 5k total death.

Bitcoin getting stronger every day, it never panics.

What's happening here locally is the emergency rooms are filled up with people who have questionable coughs, while people who are actually in dire need are being sent home because there are no beds. I disagree with an easy dismissal of this event. It's a mess.

[jojo69]

[gentlemand]

What's happening here locally is the emergency rooms are filled up with people who have questionable coughs, while people who are actually in dire need are being sent home because there are no beds. I disagree with an easy dismissal of this event. It's a mess.

Don't mess with his narrative, dude.

[Ibian]

The danish queen was on tv just now, giving a speech. This almost never happens except on new years eve. Public gatherings above 10 people banned.

[Lambie Slayer]

@Lambie

Thanks man, I’m balls deep any way, I’m pretty much all in now. If you’re not buying now & you have spare fiat then I guess it proves you don’t fully believe.

Seems to me that I sufficiently believe in BTC as much as most of the most ardent of BTC supporters, but surely that belief should not result in my employing more gambling and/or risk than I would prefer to employ, if I can avoid it... Therefore, I do not want to put myself into any more stress than i need to.

Yeah, I did not want BTC to go below $5k and I believed that it had pretty damned decent chances of NOT going below $5k.. but it did, anyhow.  Fuck that, but that is this kind of market.. cannot really know anything with any kind of meaningful level of confidence.

So, yeah, I have Buy orders down to $3k currently.. and really I do not want to inject any more fiat into this, but I have some fiat that is already theoretically allocated to BTC... and yeah, I will likely transfer half or so of that fiat to one of my exchanges if the BTC price breaks below $3,850 again... NO, NO, NO... I don't want the god-damned BTC price to be dipping below $3,850 because I do not want to transfer that money.. but fuck, I already have that tentative plan.. which is a hopefully it does not happen, one....  

Anyhow, that transferred in money would be to set up buy orders for below $3k.... Yeah. .I do not want it to happen, but BTC does not give any fucks about what I want.

Point is that "all in" is NOT the only strategy, and ONLY ends up being "the best" strategy, if you happen to end up being correct in a kind of gambling outcome.. which currently seems to be around 50/50 at this time... Nonetheless, I do happen to understand that it is NOT going to make a whole hell of a lot of a financial difference if you (or I) buy at $4,700 or $3,500, but it seems to me (projecting into the reasonable what-ifs) I am going to feel way the fuck better psychologically if I have money to buy in the lower $3ks, if the BTC price goes to that outrageous range rather than running out of money.

I have run out of money on several occasions in the past (at least resorted to more rationing than I would want based on NOT wanting to run out of money to buy BTC), and even in recent times, I have been kicking myself a little bit for having to ration my dollars as much as I have had to ration them in order to have more ability to meaningfully buy BTC than merely symbolic buys in the sub-$5k prices (that I had hoped to fuck would not have come, but those sub $5k prices did come, as we concretely and experientially know). I cant help butt into Slayer's conversations w my boring strategy droning. I will try an work on this bad habit.

Thanks buddy.

[OutOfMemory]

Oh, and lots of Americans are fat because we are successful enough to be able to be..

Actually, obesity is a more of a problem for lower income, less educated people. It doesn't take that much success.

https://www.cdc.gov/mmwr/volumes/66/wr/mm6650a1.htm

car.bo.hy.drates

Low income, cheap food.

When you live of mainly fat and protein you actually get skinny af. Not as skinny as vegans, but almost only muscle tissue instead of body fat.
EDIT: Your farts and shit will really stink, tho  Better add in some vegetables as well.

[eddie13]

Anyone else getting random unexpected CLIs on their CCs?
They trying to con me into spending more money or something?

My 2 biggest limit cards each got about 50% limit increases, just now, since last I checked them... For basically no reason..
2 different banks even..

It's like they are trying to get more money out there, and want me to do it for them..
When this covid shit first started I expected more of a credit crunch, limit decreases, but maybe with this fed rate dropping and money pumping, they will actually try to hand out more credit?

GF got a pretty big CLI too just the other day, from yet another bank..
3 banks.. Must be a coincidence?

[fillippone]

Oh, and lots of Americans are fat because we are successful enough to be able to be..

Actually, obesity is a more of a problem for lower income, less educated people. It doesn't take that much success.

https://www.cdc.gov/mmwr/volumes/66/wr/mm6650a1.htm

car.bo.hy.drates

Low income, cheap food.

When you live of mainly fat and protein you actually get skinny af. Not as skinny as vegans, but almost only muscle tissue instead of body fat.

You are making me feel guilty as I am baking my own pizza.
Quarantine doesn't rhyme with
Carbohydrates
But hey, we need some fun here!

[jojo69]

skinny AF is a bit of an overstatement for those of us with the misfortune to have been born earlier, but no doubt it is better

watched a guy die the other day, huge flabby ass white guy, crumpled in place, folks were doing CPR and his fat was rolling in waves

I went home and got on the fucking bike thing

[marcus_of_augustus]

https://sharylattkisson.com/2020/03/new-the-first-59-u-s-coronavirus-deaths-by-state-and-age/

This thing is almost exclusively taking out very sick very old people. Most of these people would have probably died this year or next anyway.

You're fucking idiot dude, learn when to shut the fuck up.

https://nypost.com/2020/03/17/coronavirus-doctor-says-lung-scans-for-young-patients-were-nothing-short-of-terrifying/

Dr. Ignace Demeyer, who works at a hospital in Aalst, said an increasing number of people between the ages of 30 and 50 have presented with severe symptoms, despite having “blank medical records” that show no underlying conditions that would make them high-risk, the Brussels Times reported.

“They just walk in, but they are terribly affected by the virus,” Demeyer told the Belgian broadcaster VRT.

He said CT scans indicated they were suffering from severe lung damage.

It's not about the numbers today (influenced by being 2 weeks behind deaths/hospitalisations and vast under-testing), it's the exponential increase in numbers coming down the pipe. This thing is real if not contained early.

No panic, no fear needed. Just the hard facts and pragmatic decision making.

Asia didn't beat it by sticking it's head up its arse like you. US needs to be particularly careful/swift because of all the obesity and medically-dependent that are highly vulnerable.

[d_eddie]

watched a guy die the other day, huge flabby ass white guy, crumpled in place, folks were doing CPR and his fat was rolling in waves

Does wonders for the morale eh?   

[d_eddie]

While we're on the subject of morale - what about Article 34? Any Corona porn yet?

[Biodom]

Anyone else getting random unexpected CLIs on their CCs?
They trying to con me into spending more money or something?

My 2 biggest limit cards each got about 50% limit increases, just now, since last I checked them... For basically no reason..
2 different banks even..

It's like they are trying to get more money out there, and want me to do it for them..
When this covid shit first started I expected more of a credit crunch, limit decreases, but maybe with this fed rate dropping and money pumping, they will actually try to hand out more credit?

GF got a pretty big CLI too just the other day, from yet another bank..
3 banks.. Must be a coincidence?

I guess it means that they think that they can profit the most from you (via minimal payments) without yourself defaulting.

[jojo69]

While we're on the subject of morale - what about Article 34? Any Corona porn yet?

tons

nsfw

https://www.pornhub.com/video/search?search=corona

[lightfoot]

Yes. Licking toilets for corona virus seems to be today's kink.

[bkbirge]

https://sharylattkisson.com/2020/03/new-the-first-59-u-s-coronavirus-deaths-by-state-and-age/

This thing is almost exclusively taking out very sick very old people. Most of these people would have probably died this year or next anyway.

Ill bet when this is over the global death rate will not be any higher than normal.

People talk about health systems being overloaded but this thing is just freeing up beds by taking out people who would be using hospital beds a lot in the coming year.

Covbull-19 is not to be feared. Asia has basically beaten it in a matter of weeks with about 5k total death.

Bitcoin getting stronger every day, it never panics.

What's happening here locally is the emergency rooms are filled up with people who have questionable coughs, while people who are actually in dire need are being sent home because there are no beds. I disagree with an easy dismissal of this event. It's a mess.

Also what's happening in the US, at least the 'merica portions of it...
https://news.yahoo.com/buyers-virus-fears-priority-isnt-184327709.html

Some dealers said an unusually high proportion of sales have been to first-time gun buyers.

“We attribute it mainly to the virus scare,” said Hyatt, whose gun store has seen sales increase 30% to 40% percent since late February. The presidential election and stock market fluctuations have also been driving business, he said, and the store is now selling more than 300 firearms a week.

“People have a little lack of confidence that if something big and bad happens, that 9-1-1 might not work. We saw it with Katrina,” Hyatt said, referring to the breakdown in emergency response after the 2005 hurricane on the Gulf Coast. “People haven’t forgotten that a disaster happened, and the government didn’t come.”

[LFC_Bitcoin]

Yes. Licking toilets for corona virus seems to be today's kink.

Sounds like gembitz