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

[Paashaas]

Last month stock markets breaking records after records, the sky was the limit, endless bullish algo's.

4 weeks later: Lower rates, helicopter money, a multi-trillion $ rescue package.

Today the Dow Jones dropped under 20.000, S&P500 tanking 9% triggerd another circuit breaker.

Covid19 makes 2008 crisis like child's play. This is history. I fully understand why corn can reach those (ridiculous) $200k-300k predictions.

[JayJuanGee]

One other tweet that made a lot of sense:

He forgot about Lambos...  

Come to think about it, we are going to need more than a piddly $1k.

Those cheapskate fucks!!!!!    Don't care about the needs of the people.  

[nullius]

They should start with the inmates on death row.  At least, releasing them should lessen the probability that convicts under penalty of death will take up precious ER beds for lifesaving measures.

Next, they need to let out all the poor, innocent people red-tagged by Lauda, the bad-cop kitty.

Of course, people convicted of serious crimes and domestic terrorism (such as underreporting taxable income, or making de minimis mistakes on gun purchase forms) must remain behind bars, for the public safety.

I will avoid mentioning why or how American prisons are notoriously efficient places to contract HIV.

[Biodom]

Last month stock markets breaking records after records, the sky was the limit, endless bullish algo's.

4 weeks later: Lower rates, helicopter money, a multi-trillion $ rescue package.

Today the Dow Jones dropped under 20.000, S&P500 tanking 9% triggerd another circuit breaker.

Covid19 makes 2008 crisis like child's play. This is history. I fully understand why corn can reach those (ridiculous) $200k-300k predictions.

Eventually, maybe. I don't see it doing this in a deflationary environment.
BTW, now would be a good time to shine with a robust LN. Are we there yet?

Fiat Market (SP500/Dow) also cannot do a final washout, it seems.
Every time they try, dip buyers are stepping in.
We already had 7 (working on 8th) straight days of more than 5% intraday volatility-a record.
One day up, next day down-almost ad infinitum.

[Globb0]

Vodka is the Russian way to kill virus'

How many cases do they have?

See, im focussing on drinking lots of vodka


*edit* there are downsides partner is very annoyed by my stumbling around

[mindrust]

WE ARE NOT READY FOR THE NEXT EPIDEMIC -Bill Gates*

Bill Gates on the next great epidemic

The next outbreak? We’re not ready | Bill Gates (*1:18)

What Bill Gates is afraid of

Bill Gates on Overpopulation and Global Poverty!!!!!!

Bill Gates has a warning about deadly epidemics CAN CAUSE HE SAYS 10 MILLION+ DEATHS!! - JUST LISTEN TO THE FIRST 10 SECONDS!

He is back on the crime scene.

I’m Bill Gates, co-chair of the Bill & Melinda Gates Foundation. AMA about COVID-19.

Don't read the comments, people want to elect him new prez. Dafuq.

[Biodom]

Anybody has an explanation of btc flatlining?
It's weird, but i take it in lieu of declining.

BTW, I don't know about Bill Gates in particular, but I do think that me need a mixed government: technocrats and lawyers, not just lawyers (as the current setup).
Fauci showed everyone what a clear scientific thinking is and it was impressive to say the least.

[OutOfMemory]

[— many interesting corrections by  Lambie Slayer; read the whole thing —]

The mind of a bear is quite interesting.  

You are arguing with someone who drew an analogy likening the coronavirus to Hitler, as a setup for somehow pinning this on Germans and Austrians.  Do not expect logic.

* OutOfMemory rates logic a STRONG SELL

[/quote]
[/quote]

I see, you still didn't get behind the connection of the comparison. As i said before, it's complicated.
What i don't see is the logic in your argumentation HERE. It's real apples and bananas this time.
Pinning... whut?   

HODL!

What else?!   
You believe i'm a bear because ONE btctalk member said so?
C'mon 

Maybe you're just as wrong on that as with the rest you're trying to project onto me?

[nullius]

One other tweet that made a lot of sense:

He forgot about Lambos...  

Come to think about it, we are going to need more than a piddly $1k.

Those cheapskate fucks!!!!!    Don't care about the needs of the people.  

The tweeter is a cheap fuck, literally.  Only $150?  You get what you pay for; and weak hands jerk off.

That reminds me of the most important question for T&A-TA:  What will be the effect of “social distancing” on the livelihoods of filles de joie?  Phallically suggestive candlestick charts would be helpful for analysing how much this no-human-contact clusterfuck will suck for those whose market is market penetration of themselves.

On the one hand, with their market depth all banged up, I think they need big stimulus.  Hard times.  It all comes to liquidity.

On the other, maybe not.  Wise men know that the oldest profession will also be the last existing profession.  Thus, this is one market where you can never lose your shirt.

Either that, or an expression of the fact that you think with the little head.

* nullius writes his seminal works with one hand—and with the other...

[Phil_S]

Finally, some good news:

Coronavirus cases have dropped sharply in South Korea

Amid these dire trends, South Korea has emerged as a sign of hope and a model to emulate. The country of 50 million appears to have greatly slowed its epidemic; it reported only 74 new cases today, down from 909 at its peak on 29 February. And it has done so without locking down entire cities or taking some of the other authoritarian measures that helped China bring its epidemic under control. “South Korea is a democratic republic, we feel a lockdown is not a reasonable choice,” says Kim Woo-Joo, an infectious disease specialist at Korea University.

Behind its success so far has been the most expansive and well-organized testing program in the world, combined with extensive efforts to isolate infected people and trace and quarantine their contacts. South Korea has tested more than 270,000 people, which amounts to more than 5200 tests per million inhabitants—more than any other country except tiny Bahrain.

South Korea’s experience shows that “diagnostic capacity at scale is key to epidemic control,” says Raina MacIntyre, an emerging infectious disease scholar at the University of New South Wales, Sydney. “Contact tracing is also very influential in epidemic control, as is case isolation,” she says.

[Gyrsur]

Anybody has an explanation of btc flatlining?
It's weird, but i take it in lieu of declining.

just a guess but it came in my mind today:

cash is king in these times and therefore a lot of speculation on the price of BTC is missing. what we see at the moment is maybe nearly the real value of BTC without the whole amount of speculation which is responsible for all the noise in other times. look how stable BTC can be without speculation. impressive!

[Raja_MBZ]

JUST IN: The Dow has erased gains made since President Trump's inauguration

https://twitter.com/spectatorindex/status/1240368968340090880

[nullius]

BTW, I don't know about Bill Gates in particular, but I do think that me need a mixed government: technocrats and lawyers, not just lawyers (as the current setup).

WTF are you talking about?  The whole current system is technocratic in the extreme—and that’s a bad thing.

Man and Technics

“Optimism is cowardice.” — Spengler (writing most of a hundred years ago)

I see, you still didn't get behind the connection of the comparison. As i said before, it's complicated.

No, I get it all too well.  That is why I called you out on it.

You believe i'm a bear because ONE btctalk member said so?
C'mon  

I admit that I read what Lambie said with a strong bias against you, due to your having just engaged in almost comically stereotypical national-guilt nonsense, and then defended it with nothing more than (0) calling me a troll, and (1) saying that I didn’t get it.  (And you are still defending that analogy...)  If you’re not a bear, then I (very narrowly) apologize for having misjudged you on that particular point.  My mistake.  I will watch your posts more carefully before saying such things.

Maybe you're just as wrong on that as with the rest you're trying to project onto me?

As the only person on this forum on the Internet who has been accused of being both Hitler (literally, Adolf Hitler himself) and a Mossad agent (yup, that’s (((me)))), I think I can safely say that it is you who is projecting with anything about not getting it.

Finally, some good news:

Coronavirus cases have dropped sharply in South Korea

Obviously, the virus is a bioweapon created by the South Koreans!  Who would have thunk it?

* nullius panics over this news of the South Korean attempt to TAKE OVER THE WORLD

[strawbs]

Anybody has an explanation of btc flatlining?
It's weird, but i take it in lieu of declining.

just a guess but it came in my mind today:

cash is king in these times and therefore a lot of speculation on the price of BTC is missing. what we see at the moment is maybe nearly the real value of BTC without the whole amount of speculation which is responsible for all the noise in other times. look how stable BTC can be without speculation. impressive!

It's probably a little premature to draw that conclusion. It's been 'stable' for only a few days. We'll see retrospectively in a few months from now.

[Hyperjacked]

It's almost buy time... lots of unknowns but I'm sure we will look back and say this was an epic buying opportunity.

[vroom]

It's almost buy time... lots of unknowns but I'm sure we will look back and say this was an epic buying opportunity.

and the window closes fast.

[MERlT]

JUST IN: The Dow has erased gains made since President Trump's inauguration

https://twitter.com/spectatorindex/status/1240368968340090880

NYSE legacy stock market trading floor is fucked, and will close on Monday 23/03/2020

Death spiral. ICEBERG!!!!!!!!!!

[Hyperjacked]

It's almost buy time... lots of unknowns but I'm sure we will look back and say this was an epic buying opportunity.

and the window closes fast.

Honestly it's been buy time for hours... panic buy time will come soon imho 😎

[LFC_Bitcoin]

JUST IN: The Dow has erased gains made since President Trump's inauguration

https://twitter.com/spectatorindex/status/1240368968340090880

NYSE legacy stock market trading floor is fucked, and will close on Monday 23/03/2020

Death spiral. ICEBERG!!!!!!!!!!!!!!!!!!!!  

Things are starting to get interesting. This fucking virus could end up being very bullish for bitcoin
The halving is imminent too, I can smell success

:-\lots of unknowns but I'm sure we will look back and say this was an epic buying opportunity.

Dude, hurry up. Don’t sit & do nothing!

[lightfoot]

Please remember to watch wash her tits your hands.  Here's a great video tutorial on the proper meathod:

a) She forgot to do her thumbs
b) I can't believe I was able to watch her hands instead of her tits for 30 seconds.