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

[Cryptotourist]

Neither a safe nor a bad idea.

Perhaps we can start a prophecy that Coronavirus will peak if she lets LFC do down on her. Like that pornstar that the altcoiner ate out her ass to bring back alt season.

Maybe we can pay the Cuntonians for the marketing. I'll happily throw in a sat there.

[LFC_Bitcoin]

Wait, is that a 4 consecutive post Lambie comvo?

Has the likes of it ever been seen on the WO before?

Behold......

Bullish

[Lambie Slayer]

Wait, is that a 4 consecutive post Lambie comvo?

Has the likes of it ever been seen on the WO before?

Behold......

Bullish

Bears dont want to fight me. They have slunken back to their caves. 

[JayJuanGee]

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

Do you understand what means?

It means this whole thing can go to zero and halvening don't really mean shit. There is no bottom. No TA.

You are right that BTC has no bottom. No TA, it can go zero anytime but I don't agree that most of the bitcoins were mined under $50 price of BTC doesn't necessarily mean that all these mined bitcoins are not moved. Other people have valued these BTCs more higher than $50 and it's not $50 for them.
I don't have idea about how many BTC isn't moved 2013 (Would apprecaite if anyone shared a tool to check if available.), depending on that stats, I don't think these will be a couple of millions. I assumed the figure and the opinion is from that assumption. Correct me if I'm wrong.

Mindrust is likely correct that a lot of bitcoins are being hoarded and that a vast majority were mined below $50.. but so fucking what?  His logic is nearly totally screwed in regards to bitcoin's potentially not having value based on those kinds of facts..  They are dumb no coiner claims...

And, also the claims that bitcoin has no utility because a vast majority of coins are not moving and are hoarded is also a stupid ass no coiner argument.

[xhomerx10]

The dude walking on clouds, not affected by anything

[fillippone]

In case you are wondering, @planB just clarified Stock to flow model is Safe!




More info here! (no crossposting)

Stock To Flow Model: Modeling Bitcoin's Value with Scarcity

[LFC_Bitcoin]

Wait, is that a 4 consecutive post Lambie comvo?

Has the likes of it ever been seen on the WO before?

Behold......

Bullish

Bears dont want to fight me. They have slunken back to their caves. 

They’ll be dead when this Corona Virus scam has passed.

[lightfoot]

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

Wow. Watching that girl's ass is like watching a lava lamp.

[Lambie Slayer]

Wait, is that a 4 consecutive post Lambie comvo?

Has the likes of it ever been seen on the WO before?

Behold......

Bullish

Bears dont want to fight me. They have slunken back to their caves. 

They’ll be dead when this Corona Virus scam has passed.

Yes. Coronavirus panic gave Bitcoin its biggest down day ever in dollar terms. I have no doubt that as the weak kneed panic subsides we are gonna see the biggest up day ever.

[JayJuanGee]

The more I look at the charts ... 6, 3, 6, 9, 12, 9, 6, 3, ... the more I consider this dip, as an epic bear trap.

Careful of the bull virus guys, aka BOV21.

Deepthroat edition:

This picture represents someone that went 100x leveraged long on bitcoin just before the dip

Goldkingcoiner? 

Mindrust?  (exaggerating on this one)

[LFC_Bitcoin]

Yes. Coronavirus panic gave Bitcoin its biggest down day ever in dollar terms. I have no doubt that as the weak kneed panic subsides we are gonna see the biggest up day ever.

I’ve read various articles suggesting that this seemingly crippling saga will actually work out even better for us than the post halving bull run was going to any way.

Some people think that markets crashing and money printing set to fly out of control might just make the rise in 2021 even more violently parabolic than expected.

Thoughts?
Extending this to everybody!

[Lambie Slayer]

"My best guess, for what it is worth, based on the latest Center for Disease Control data, is that confirmed COVID-19 (this specific form of the common cold) cases will not exceed 0.1% of the US population. Moreover, I do not think, when we look back on 2020, that the causes of death or serious injury will have changed much from 2017, for example: (CDC statistic)."

Elon doesn't panic. 

[Lambie Slayer]

Yes. Coronavirus panic gave Bitcoin its biggest down day ever in dollar terms. I have no doubt that as the weak kneed panic subsides we are gonna see the biggest up day ever.

I’ve read various articles suggesting that this seemingly crippling saga will actually work out even better for us than the post halving bull run was going to any way.

Some people think that markets crashing and money printing set to fly out of control might just make the rise in 2021 even more violently parabolic than expected.

Thoughts?
Extending this to everybody!

Yes, it means skip 100k party planning and focus on party planning for 400k.

I'm gonna take a posting break today and let the bears return from their caves after gathering some more doom porn. 

Then I'll come back to slay their fear trafficking efforts.

[xhomerx10]

"My best guess, for what it is worth, based on the latest Center for Disease Control data, is that confirmed COVID-19 (this specific form of the common cold) cases will not exceed 0.1% of the US population. Moreover, I do not think, when we look back on 2020, that the causes of death or serious injury will have changed much from 2017, for example: (CDC statistic)."

Elon doesn't panic. 

 That's good for Elon but he's not going to find Mars anywhere near as forgiving as Earth when it comes to errors in judgement.

[OutOfMemory]

This thing is being hyped up like nothing before in modern history.

Hysteria can only last so long before people get desensitized to it. I became desensitized early, but others will trend in my direction soon enough. 

Good eve again
Mylady fell asleep early 

See, i'm far from hysteric, and what i have seen by the numbers until today, is - expressed nicely - rather unpleasant.
The world is at an early stage of a pandemic and Covid it may surpass the flu in lethality and maybe even case numbers.
Still, there are quite some people that seem to think that the flu is not enough. Or that an additional flu is not too much.
Either way, there's not only black and white, LS. There are still a lot of calm people, still some are concerned.
Why rather don't you shift your focus to them?

[Biodom]

"My best guess, for what it is worth, based on the latest Center for Disease Control data, is that confirmed COVID-19 (this specific form of the common cold) cases will not exceed 0.1% of the US population. Moreover, I do not think, when we look back on 2020, that the causes of death or serious injury will have changed much from 2017, for example: (CDC statistic)."

Elon doesn't panic. 

his stock does.

[Raja_MBZ]

I was scrolling through TradingView predictions. Found a real golden one: https://www.tradingview.com/chart/BLX/uYKn9Nrx-Bitcoin-longterm-chart/

(this was posted back in June 2018)

[Lambie Slayer]

This thing is being hyped up like nothing before in modern history.

Hysteria can only last so long before people get desensitized to it. I became desensitized early, but others will trend in my direction soon enough. 

Good eve again
Mylady fell asleep early 

See, i'm far from hysteric, and what i have seen by the numbers until today, is - expressed nicely - rather unpleasant.
The world is at an early stage of a pandemic and Covid it may surpass the flu in lethality and maybe even case numbers.
Still, there are quite some people that seem to think that the flu is not enough. Or that an additional flu is not too much.
Either way, there's not only black and white, LS. There are still a lot of calm people, still some are concerned.
Why rather don't you shift your focus to them?

Its already peaked in Asia, it will soon peak in the West. We are in the late stages, not the early stages.

Covbull-19 only gains serious traction in specific climate circumstances.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3550308

"Coronavirus Disease 2019 (COVID-19), caused by SARS-CoV-2, has established significant community spread in cities and regions along a narrow east west distribution roughly along the 30-50o N’ corridor at consistently similar weather patterns consisting of average temperatures of 5-11oC, combined with low specific (3-6 g/kg) and absolute humidity (4-7 g/m3). There has been a lack of significant community establishment in expected locations that are based only on population proximity and extensive population interaction through travel."

New York and Washington state will likely be the last major hot spots to peak. Then its all downhill. Of course the fear mongers wont come back and apologize, they never do.

Ill be focusing my efforts on anyone trying to kick Hodlers while they are down by spreading doom and gloom.

Also Ill be focusing on anyone advocating to lock society down and killing millions with a global depression when we could more safely lock down the old and sick while the rest of society flourishes.  

[jojo69]

anybody up for a debart?

[Lambie Slayer]

"My best guess, for what it is worth, based on the latest Center for Disease Control data, is that confirmed COVID-19 (this specific form of the common cold) cases will not exceed 0.1% of the US population. Moreover, I do not think, when we look back on 2020, that the causes of death or serious injury will have changed much from 2017, for example: (CDC statistic)."

Elon doesn't panic. 

his stock does.

I havent owned any since 2014 when I went all in on Bitcoin, but TSLA has outperformed Bitcoin, Gold, Silver, Global Stocks, and the US dollar ytd(since Dec. 31 closing prices). Dec 31 also happens to be the day Covbull-19 became global news. Tsla is slightly up for the year.

So relatively speaking, criticizing his stock rn doesn't pass the smell test.