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

[Phil_S]

when we see gold start to pump back up we will know its on like donkey kong

any day now

Yeah, nobody's going to buy stocks anytime soon.

But eventually they'll get restless holding USD bags.

They'll be itching to buy something.

[Febo]

Quarter million infected. It keeps getting easier.

Much more because many dont have symptoms and then never get tested. Probably is 5 times more infected. And probably close to quarter million is already immune.

[jojo69]

quick refresher, 20 year Au

[cryptogod322]

In less than two months, Bitcoin will be halved.
What do you think will be the same trend as with other currencies before and after halving?
For example LTC. Before halving, the price will rise and after it will immediately collapse.
How likely is this scenario?

[BitcoinGirl.Club]

Do we have anyone here COVID-19 positive?
Hope no one yet.

[LFC_Bitcoin]

Do we have anyone here COVID-19 positive?
Hope no one yet.

I had laryngitis for 6 weeks, cough & cold. My voice was like a whisper for ages. Other WO members will verify this as we met last month.

I don’t think it was COVID-19 any way.

[Ibian]

Do we have anyone here COVID-19 positive?
Hope no one yet.

I'm on my 5th day after returning home, through 3 airports and 2 planes. Whole trip took more than 24 hours. 9 more days till I'm "clear", but only a few till I can begin to relax.

[JimboToronto]

Good morning Bitcoinland.

Briefly touched the $7xxx range before correcting a little... currently $6660USD/$9507CAD (Bitcoinaverage).

Still a week and a half in Mic's contest. This should be interesting.

Stop using the paper money. Seriously, paper money is the easiest way to spread any kind of germs.

Not my paper money. 

[Cryptotourist]

Define 'blink'

Shit, I don't know, 1-2-3 months.
Think of total human resources, whilst at it.

Yes, that's exactly what I am saying.

https://www.nytimes.com/2020/03/18/business/coronavirus-ventilator-shortage.html

My friend, that's not evidence.

Do you have evidence on the contrary?

Of course not.
I'm only speculating here. And my gut is going wild.

Maybe in one or a few months we will have plenty. Not NOW.

I can only speak for Greece.
I happen to have friends too in various hospitals, whom panicked a little a week or so ago, and now are getting their blood pressure restored.

Same with masks and other PPE's.

If you need any, let me know.
Don't know if posting them will get to you, but we can try, if that makes you feel better.
And just to be clear, I don't have, nor need any mask. I just see them available. Today.

[rolling]

Coronavirus appears to be more fatal in men than women.

Seventy percent of coronavirus deaths in Italy have been men.
Data from China shows about 64 percent of deaths in tens of thousands of cases were male, compared to 36 percent female.
Fifty-four percent of fatalities were men in South Korea.

https://thehill.com/changing-america/well-being/prevention-cures/488507-coronavirus-appears-to-be-more-fatal-in-men-than

[Cryptotourist]

Pretty damn certain, that COV19 is far more deadly to nocoiners than coiners.

Can we have a motherfucking statistic here please?

edit: 100% WO hodlers unaffected.

[Ibian]

Think I figured Italy out. They got a lot of social touching, including hugs and kisses where more civilized people respectfully bow or, in more barbaric countries, shake hands. Lot of old people, apparently. And, according to studies, only half of them wash their hands after going to the loo. So, yeah, no wonder it's spreading like crazy.

Also, apparently, the lab in Wuhan the virus "escaped" from? Owned by Soros. It really only does take one bad Jew to make up for a million who don't really do anything.

[Torque]

From my perspective, the lingering question is not the virus, but whether this causes non repairable shit in the legacy financial system. Something has been burning since September already when the repo market got sick. This had nothing to do with the virus.

So I am keeping an eye out for more sorrow (and related scare dumps) before I declare all this over.

Whether Bitcoin would dump as well in a renewed scare dump downwards: we will have to wait and see.

People aren't getting it...yet. But soon there will be a reckoning. And it won't be virus "deaths" they have to worry about.

In history there never has been, and never will be, market crashes and recessions without *massive* layoffs following.

No doubt it's coming. Most people will be caught completely flat-footed.

Maybe that's when the public outrage and protests will finally start.

Edit: But don't take my word for it. The Wallstreet 'vampire squid' is already warning it for me:

https://www.cnbc.com/2020/03/20/the-upcoming-job-losses-will-be-unlike-anything-the-us-has-ever-seen.html

[ivomm]

Meantime it looks like Bitcoin is clawing its way back to "normal" (8k) which is still below where it should be (12k) but we can deal with that next week.

Certainly holding up better than ye ole stocks.

I don’t see how $12,000 isn’t going to be an absolute guarantee by the end of 2020. The halving will ensure that!
Fortune favours the brave, we deserve what’s coming to us.

I prefer the variation "fortune favours the prepared mind". Louis Pasteur made this remark: "Dans les champs de l'observation le hasard ne favorise que les esprits préparés", meaning "In the fields of observation, chance only favours the prepared mind."
I am not inclined to believe that cerain price will be reached in the next 2-3 years, but the reduced supply will make the difference sooner or later. So it is not only about bravery but knowledge as well.

[Cryptotourist]

Peace Bulls and lovers of humanity.  Off to Hodlvirus Sleep.  


Final Score.

Slayer 26, Doom Fanboyz 0

via Imgflip Meme Generator

Chuck Norris once mined a bitcoin just by thinking about it.

While humanity races to find a coronavirus vaccine, the coronavirus races to find a Chuck Norris vaccine.

Actually, there's no need for a coronavirus vaccine.  Just wait until Chuck Norris catches it.

Wonder how Lambie feels about the coronavirus.

Unfortunately I prematurely ejaculated all my smerits on Wekkel (#nohomo dude), thus putting me in very, very difficult situation about meriting these posts.
Not for me please. For them god damn it.

[JSRAW]

Majority here don't know shit about beautiful game called Cricket or Test Cricket but i am going to share it anyway because its fucking true irl no matter what's your ideology, colour, sex etc fucking etc.  

Life lesson to take from Little Master about Test Cricket and Covid-19, its one reason i am freaking crazy or some call it "fanatic" about Test format. And yeah if we can act together as team then we can beat it.


https://twitter.com/cricketdistrict/status/1240936382643818498

[julian071]

Coronavirus appears to be more fatal in men than women.

Seventy percent of coronavirus deaths in Italy have been men.
Data from China shows about 64 percent of deaths in tens of thousands of cases were male, compared to 36 percent female.
Fifty-four percent of fatalities were men in South Korea.

https://thehill.com/changing-america/well-being/prevention-cures/488507-coronavirus-appears-to-be-more-fatal-in-men-than

Would not surprise me of those numbers are actually the number of smokers.

[Ibian]

Majority here don't know shit about beautiful game called Cricket or Test Cricket but i am going to share it anyway because its fucking true irl no matter what's your ideology, colour, sex etc fucking etc.  

Life lesson to take from Little Master about Test Cricket and Covid-19, its one reason i am freaking crazy or some call it "fanatic" about Test format. And yeah if we can act together as team then we can beat it.


https://twitter.com/cricketdistrict/status/1240936382643818498

Okay but india is literally a shithole, highest rate of public shitting in the world, both in absolute numbers and as a percentage. also cricket is kinda gay

[Cryptotourist]

I'm absolutely ready for bear hunting season.
I even added a signature - first time - paraphrasing a well known quote:

Bitcoin gave me something I could not refuse. The plausible chance, of an honorable financial death. Or not.

Lulz.

[JayJuanGee]

[...]
Regarding the selling, this is a whole new topic. For starters, you may just make a plan like JJG suggested some time ago. It can also invole some buying back in case the price falls. [...]

Great post ivomm, thanks.

This ‘JJG plan’ sounds interesting as well and would be delighted reading in detail how to set it up.

I am thinking that ivomm was referring to a post of mine from September 19, 2019, or maybe some variation that I made of that post.

In posting along those lines, I was attempting to get some BTC HODLers out of "all or nothing" thinking, and my main intention was not really setting up any specific mandate of a BTC cashing out plan, but instead helping to provide a framework to demonstrate how any BTC HODLer could employ an incrementalist cashing out approach that is both tailored to their own situation but also cashing out some BTC all along the way UP (presuming that we are going up) without ever running out of BTC to sell, while increasing their chances to become richie at the same time.