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

[sirazimuth]

If you are bored in your self-isolation, self-quarantine, social distancing or wtf you wanna call it,
go browse the Amazon toilet paper inventory for a chuckle (or not, depending on your situation). Every legit brand is currently unavailable. Oh gee, what a surprise!
There's like one brand, however, with a squiggly line on the package that seems to be available. (like in a month or something ridiculous)
God knows what brand or company.
It's all over the place on the page under different descriptions and quantity and price.
Obviously the same product from same factory.  So outta curiosity, I clicked on it and then the questions and answers link.
Turns out its made in China and one roll has..... wait for it....

170 servings   lol..   (my standard roll has a 1000)

That ought to last all of 4 shits...  
Even less if theres women in the house... or you had a vindaloo the night before.
We are doomed to skid marks and crusty cling-ons  folks...... just like my cats. (but they don't seem to mind...)

[El duderino_]

via Imgflip Meme Generator

[Wekkel]

https://i.imgflip.com/3teo0u.jpg

Great. Finally my new Galaxy gets shipped?

[birr]

Daily chart bearish.
Weekly chart bullish.

Under $6,000 now meh!

Wasn't this a well-expected correction?

All right wise guy, if you expected the drop, tell us about the gains you made trading it.

[marcus_of_augustus]

Whew ... so much more peaceful when the children go to bed.

[OutOfMemory]

Whew ... so much more peaceful when the children go to bed.

Heh, and my post-menstruative wife finally fell asleep too  
Quiet, and all the peaceful time only for relaxed WO backreading.

EDIT: After the first week of curfew the kids finally stopped going wild at each other. I could live like that for months easily now.

EDIT2: Thinking of your posting twice after reading the Slayers hodlsleep announcement... You didn't speak of Lambie, did you?

[LFC_Bitcoin]

All over the place atm.....

[Cryptotourist]

I'm already here.

Hey dude, nice you could make it on the WO, welcome!
Could have waited to incubate a little.

Now I bet you're a regular.
I know this, cos I was ever so tempted to do the same a couple of weeks ago.

Give us a clue then.
Do you haiku?

[Toxic2040]

Good afternoon WO's


After a nice run up to over $7.1k this morning, we have settled back downwards to around $6k on heavy volume. There is some nice volatility out there for those brave enough to venture out into the deep end of the pool. Trade craefully my friends and buy the dips.

Carry on.




4h


D

#stronghands


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Just a few bonus observations today as I am very tired.

Been fighting off a cold for weeks, it finally got so bad I caved in and went to the Doc yesterday. Dont think its covid-19..or if it is...I dont think I am going to die...so far anyways.  Just a deep hacking cough and the sniffles. Deep body aches but no fever to speak of. I usually run a little cold..like under 98f..yesterday I was 98.6f...go figure.



As I am right outside the critical age group and dont have pre-existing conditions that raise my risk factor, the Doctor said isolate..drink plenty of fluids and check in come April. Sounds reasonable to me.


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Tried to observe $7000, but blinked (yeah that's 1m)...

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Head and Shoulders?  

Or

Cup and Handle?

Or

Genie's Lamp?





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Whew ... so much more peaceful when the children go to bed.

+1 WOsMerit


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Talk to you all laterz. Peace.

[JimboToronto]

Bon voyage good riddance, shitcoins.

ftfy

[Cryptotourist]

Whew ... so much more peaceful when the children go to bed.

My, good morning Mr. Lucifer Morningstar.

[marcus_of_augustus]

shits turning feral out there. Just in time food supply chain may have made supermarket barons uber wealthy but the fragility of such a risky approach is now apparent.

The problem is not the virus, even though it is a nasty little bug to contract for many, it is the whole modern way of life. The production, distribution, economic, bureaucratic governance and especially socialistic healthcare systems in the western world are highly vulnerable to the disruption of a global pandemic. No one knows how this ends yet. Not to mention the financial system was on borrowed time due to prolonged malfeasance and mismanagement compounding a demographic anomaly leftover from WWII.

I don't know if we are at the 'blood in streets' point yet. It feels like the civil unrest phase is just beginning. Calls to close the equity markets is a significant milestone though. Institutional panic is almost breaking through to the surface, that is a rare occurence. I think that will happen more and fuel a wider panic in people who hold ultimate faith in institutions, although there is good evidence many of these are now mostly irrelevant, ineffective institutions, failed entities established in a bygone era.

A loss of faith and confidence in the modern way of life is the biggest hurdle psychologically that needs to be surmounted here. After that the denial, anger, grieving and ultimately acceptance of the new paradigm of possibilities and opportunities can begin. I'm optimistic the whole evil ways of the past can collapse and be consumed in a giant inferno and we can move ahead peacefully, but war is an ever present threat.

[LFC_Bitcoin]

$6,272
$6,334

Fucking nice recovery from $5,7xx in the past hour. Seems like a bullish rejection of a dump attempt by the bears.

[Cryptotourist]

shits turning feral out there. Just in time food supply chain may have made supermarket barons uber wealthy but the fragility of such a risky approach is now apparent.

The problem is not the virus, even though it is a nasty little bug to contract for many, it is the whole modern way of life. The production, distribution, economic, bureaucratic governance and especially socialistic healthcare systems in the western world are highly vulnerable to the disruption of a global pandemic. No one knows how this ends yet. Not to mention the financial system was on borrowed time due to prolonged malfeasance and mismanagement compounding a demographic anomaly leftover from WWII.

I don't know if we are at the 'blood in streets' point yet. It feels like the civil unrest phase is just beginning. Calls to close the equity markets is a significant milestone though. Institutional panic is almost breaking through to the surface, that is a rare occurence. I think that will happen more and fuel a wider panic in people who hold ultimate faith in institutions, although there is good evidence many of these are now mostly irrelevant, ineffective institutions, failed entities established in a bygone era.

A loss of faith and confidence in the modern way of life is the biggest hurdle psychologically that needs to be surmounted here. After that the denial, anger, grieving and ultimately acceptance of the new paradigm of possibilities and opportunities can begin. I'm optimistic the whole evil ways of the past can collapse and be consumed in a giant inferno and we can move ahead peacefully, but war is an ever present threat.

Surreal.

[OutOfMemory]

$6,272
$6,334

Fucking nice recovery from $5,7xx in the past hour. Seems like a bullish rejection of a dump attempt by the bears.

You can almost see how fragile the emotions are at these times. Strong pump, very much like "in the books", followed by insecurities after blow-off phase, leading to a dump.
Coins happily picked up by hodlers and bargain boyz, price rising again...
Bad news on the horizon, i expect to go lower soon again, even more than once within the next few months. If we don't go low-low, well... i'm fine with both, as fiat has not yet rushed in at my bank account.

Yet another EDIT: I see the Coronavirus Outbreak thread seems to die off. Well, it's flooded by conspiracy theorists and esoterics anyway. I'm quite happy to see the Covid discussion light up in WO again, and i will happily join when outside of the daily childcare hours.

[PoolMinor]

Time to stuff your wallets with BTC

[Raja_MBZ]

Daily chart bearish.
Weekly chart bullish.

Under $6,000 now meh!

Wasn't this a well-expected correction?

All right wise guy, if you expected the drop, tell us about the gains you made trading it.

None.

I expected the drop (and I think I posted about that here too), but it doesn't necessarily mean that I was 100% certain about the upcoming drop. IMO, COVID19 is an extremely bullish event for bitcoin and combining that with the upcoming halving, I don't think that there's any need to trade if you've got enough faith in bitcoin.

[lightfoot]

We are doomed to skid marks and crusty cling-ons  folks...... just like my cats. (but they don't seem to mind...)

Screw that dude. On the basis of this thread I ordered one of those bidet things and will install it this weekend. We'll see how it works.

[OutOfMemory]

We are doomed to skid marks and crusty cling-ons  folks...... just like my cats. (but they don't seem to mind...)

Screw that dude. On the basis of this thread I ordered one of those bidet things and will install it this weekend. We'll see how it works.

You could have had that a lot cheaper. I'd recommend the plain old garden hose for a sufficient preview of that bidet feeling. Just don't turn the water up fully  

[vapourminer]

We are doomed to skid marks and crusty cling-ons  folks...... just like my cats. (but they don't seem to mind...)

Screw that dude. On the basis of this thread I ordered one of those bidet things and will install it this weekend. We'll see how it works.

dont use the "turbo" setting.

unless you really, really mean it.