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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.1%)
8/4 - 16 (14.7%)
8/11 - 7 (6.4%)
8/18 - 6 (5.5%)
8/25 - 8 (7.3%)
After August - 60 (55%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26465488 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
gentlemand
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March 17, 2020, 07:18:59 PM

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
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March 17, 2020, 07:24:27 PM

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
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March 17, 2020, 07:25:31 PM

@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. Wink

OutOfMemory
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March 17, 2020, 07:36:14 PM
Last edit: March 17, 2020, 07:49:23 PM by OutOfMemory
Merited by jojo69 (1)

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

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  Grin Better add in some vegetables as well.
eddie13
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March 17, 2020, 07:43:09 PM

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
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March 17, 2020, 07:44:29 PM

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

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
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March 17, 2020, 07:44:57 PM

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
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March 17, 2020, 07:47:47 PM
Merited by JayJuanGee (1)

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/

Quote
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.
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March 17, 2020, 07:49:38 PM

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?   Sad
d_eddie
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March 17, 2020, 07:56:45 PM

While we're on the subject of morale - what about Article 34? Any Corona porn yet?
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March 17, 2020, 07:56:45 PM

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
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March 17, 2020, 08:01:43 PM

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
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March 17, 2020, 08:08:24 PM

Yes. Licking toilets for corona virus seems to be today's kink.
bkbirge
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March 17, 2020, 08:11:22 PM

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
Quote
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
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March 17, 2020, 08:11:45 PM

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

Sounds like gembitz
Lambie Slayer
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March 17, 2020, 08:13:13 PM

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.

Not a big deal, like Wuhan, after a few thousand of the most vulnerable die, the hospital system gets back to normal. This thing picks low hanging fruit, it runs out of easy targets and hospitals arent overwhelmed.

Dumb politicians shut down society to avoid a few weeks of pain in the hospital system as they temporarily get overwhelmed. This will cause depressions/recessions and many many deaths long term as quality of life in general goes down and people die from poverty, commit suicide, drink or drug overdoses, etc.

They are making a suboptimal trade off that only benefits the short term.

Better to force all vulnerable people to stay at home and let society function as normal otherwise.

Bitcoin will do well either way, but society will be better off accepting that old sick people will die no matter what they do and just keep moving along.

"My frank opinion remains that the harm from the coronavirus panic far exceeds that of the virus itself. If there is a massive redirection of medical resources out of proportion to the danger, it will result in less available care to those with critical medical needs, which does not serve the greater good" Elon Musk said today.

I know the popular virtue signal of today is to glorify shutting down society bc muh hospital gonna get overrun. These signalers deem themselves reasoned, calm, caring and thoughtful. But if you look closely they are panicked and knee jerking by wanting to shut society down. They cover this up with the virtue signalling.

This panic will cause more loss of life long term w global depression/recession. These people arent that thoughtful after all.

Optimal solutions.

Cut out the virtue signalling.

Stop panicking and pushing to shut down society. This will cause exponentially more deaths for non covbull related reasons long term.

Isolate old and sick people temporarily.

Build temp hospitals like China did.

Let everyone live life and let society flourish.

Buy Bitcoin.


Bring on the virtue signalling and "thoughtful caring" responses.  Roll Eyes

If you really care about life you wouldn't espouse all the deaths a global depression will cause to prolong the lives of nursing home patients who will kick the bucket this year anyway.  


 
LFC_Bitcoin
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March 17, 2020, 08:15:36 PM

@satoshi_babe
I bought some #Bitcoin  right now, will it go back down now ? 🙃
https://twitter.com/satoshi_babe/status/1239948611963834370?s=21





I don’t know to be honest, but if it doesn’t I will.


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Ibian
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March 17, 2020, 08:16:24 PM

200k infected now. Italy is only a few weeks ahead of the states. How long can the lambies keep lambiing?
Lambie Slayer
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March 17, 2020, 08:17:31 PM

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/

Quote
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.

Isolating the old fat sick people is smarter than shutting down society.

Sounds like you are mad your shorts are blowing up. LOL, ur an idiot for thinking your doom porn will work for long.
 
Keep panicking though. It could be worse, Kangaroos have 3 vaginas, at least you only have one.

https://www.themarysue.com/kangaroos-have-three-vaginas/
OutOfMemory
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March 17, 2020, 08:25:15 PM
Merited by fillippone (2), JayJuanGee (1)

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

Yes, i was unprecise with this statement.
There are mainly only a few causes for obesity. The main is gut bacterial flora*. Also, there are some reasons for this.
Getting breastfeeded as a baby by obese mother, certain antibiotics in higher doses, and long term lack of body motion combined with high energy food.
Research is pretty new on that topic. At least the stigma of the "lazy fat dude eats a whole pig each day" is slowly dying (good!).
Nobody deserves to be harassed because of body shape or weight.

There was a popular dude who proved that nutrition doesn't matter as much. He only ate pizza each day (not fillippone!) but had a daily exercise routine and didn't gain weight.
The thing with the pizza is that the olive oil and yeast is good for your colon and digestion, so if you don't flood the hot disc with salami, all is well.


*There was a lab experiment with mice, a few years ago. They took obese and skinny mice, exchanged their gut bacteria (stool transplant) and guess what: The flabby mice got skinny and vice versa. In severe cases of inflamed colon, gut bacteria is exchanged via flush and stool transplant, symptoms go away almost immediately. Even a high correlation to depression was found, based on gut bacterial flora analysis.

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!

Nooo   Cheesy
I also bake my own pizza, including kneading and rolling dough. More than often.
It's just that i can't eat a lot of it because of fructose malabsorption. My wife and kids are loving selfmade pizza.
Tomato and wheat, as well as onion, garlic  (all the good stuff) and also wine (almost crying) don't do good to me, including bloating, muscle pains and sleep attacks. I spare you the toilet part...
Also, without pizza, you wouldn't be a real italian guy!
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