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

[jojo69]

Some crazy sh going on here... LFC_Bitcoin and JSRAW banned for shilling some shitcoin? 

it is truly the end of days

[bitserve]

Some crazy sh going on here... LFC_Bitcoin and JSRAW banned for shilling some shitcoin? 

We are surely living in tough times.

[kurious]

This is the time to do a *massive* upgrade to US infrastructure. Seriously, there should be a billion men rebuilding those railroad tracks to last 100 years.

That is a very good idea; a decent modern railway for commuting and freight would really be good for the USA.  

Plus it would be an investment, not just giving money away, but using money for a long-term benefit, creating work and building a new infrastructure asset.

Far too smart an idea for anyone to actually do it, though.

one small problem

real, actual, like...existing on the material plane...steel

costs real money

you can't print steel



well, if you already have steel you can sinter small parts, but you know what I mean

Print the money to buy the steel instead of airdropping it on banks and (presumably) airlines etc. who will only buy their own stocks..?

China has the steel.

I rather doubt they are going to be taking our confetti much longer.

I see what you meant now.  Fair point, you got me there.  The Chinese are also probably the only lot that could actually build one on time and for a reasonable budget, too.  But again, they'd want paying. With real money.  

Well it was an idea that would have worked once - maybe if they'd done it in 2008, instead of fluffing the markets to keep the horn section playing.

[Ibian]

Where did you find this image?
Can I have the link.

Google reverse-image-search: it's from http://sa-news.com

edit: reading that site clears up my uncertainty about how Africa will handle corona. They won't. At all.

Reading that site it's obvious it's a SA version of Stormfront or similar. I doubt it would be useful to draw any practical conclusions from anything on that site.
This is a good resource, though it doesn't list sa-news...
https://www.adfontesmedia.com/?v=402f03a963ba

Have you ever actually been able to debunk anything from SF?

[Cryptotourist]

Why wouldn't he just use his regular account?

What you are saying, Cryptotourist, does not make any senses, unless there is something wrong with Roach's regular account.

Shit, I don't know JJG, I'm only fucking with him here.
That cunt had the audacity to call me a paid shill/agent - whilst most likely being exactly that himself - what the fuck was I supposed to respond to that?
He also kinda reminds me of r0ach in a more refined way. That's it.

[Last of the V8s]

https://imgur.com/a/DKavZrt

 
turn the volume down a bit

[Toxic2040]

Egads!   A mouse...wearing a hat...at the Wall..  I do believe I need some time to...digest this sudden turn of events. Will continue panic buying in the mean time. That is all.






--------

bitcoin

Clean break above the clouds, badger on the prowl.  #btfd's
4h



Testing short fib support/resistance at the 0.382    #dyor
D

#stronghands

[OutOfMemory]

This is the time to do a *massive* upgrade to US infrastructure. Seriously, there should be a billion men rebuilding those railroad tracks to last 100 years.

That is a very good idea; a decent modern railway for commuting and freight would really be good for the USA.  

Plus it would be an investment, not just giving money away, but using money for a long-term benefit, creating work and building a new infrastructure asset.

Far too smart an idea for anyone to actually do it, though.

one small problem

real, actual, like...existing on the material plane...steel

costs real money

you can't print steel



well, if you already have steel you can sinter small parts, but you know what I mean

Print the money to buy the steel instead of airdropping it on banks and (presumably) airlines etc. who will only buy their own stocks..?

China has the steel.

I rather doubt they are going to be taking our confetti much longer.

Success requires foresight. When a gov tries to defend strategies that may have worked out well in historic times at all cost, it's a programmed fail.
Foresight is what lacks in politics of the Trump administration, one-dimensional thinking (opposed to networked thinking) is prevailing, but it won't work in economies that follow complex rules and rely on trust a lot. It's a big mistake to assume that the US is dependent on no other nation, but every other nation is dependent on the US. This is surreal, it's an illusion. Big question is, what to do if the american people wake up from their biggie dream and have to face reality of an economy that was blown up with their help.

EDIT: (saw it after posting)

I see what you meant now.  Fair point, you got me there.  The Chinese are also probably the only lot that could actually build one on time and for a reasonable budget, too.  But again, they'd want paying. With real money.  

Well it was an idea that would have worked once - maybe if they'd done it in 2008, instead of fluffing the markets to keep the horn section playing.

Also MAGA is based on the idea that they can do anything on their own. And now they are sabotaging their own concept by inflating the dollar.
This must end in some kind of breakdown.

[serveria.com]

Some crazy sh going on here... LFC_Bitcoin and JSRAW banned for shilling some shitcoin? 

We are surely living in tough times.

Yeah coronavirus is nothing compared to this 

[Ibian]

I had plans to visit NYC (for the first time) in August 2020 as a tourist. I guess Corona won't let that happen anymore. The Governor seems to be trying his best to keep the numbers as low as possible, but the Chinese virus is so outta control.

The only thing I'm worried about is that if New York, the richest place on Earth, is unable to handle Corona in terms of medical equipment, how come African countries and low-tier Asian countries will deal with it once it spreads there? So far, numbers are low in Africa, but it can't remain that way forever.

Africa is going to become depopulated. They think white people have gold inside their skulls and that raping babies cures aids (which 40% of the population have in some regions).

And good riddance. Aids was originally a monkey disease. But then some fucking actual nigger ate one of them. Or possibly fucked it. And here we are.

[Wekkel]

Sent fiat to exchange. Just in case Bitcoin decides to give another big chance to buy cheap (sub$4,xxx).

You are skipping straight from sub $5k to sub $4k?

One step at a time, Wekkel, no?

I am not going to presume sub $4k.  No way

No, I have a strategy aimed at sub $5,500, but then I wouldn’t have any fiat power left. I keep open the possibility that Wall Street takes another nose dive (in the US the Corona shit is about to hit the fan), possibly dragging Bitcoin down with it... again. I would hate missing a great ‘buy the dip’ moment again  

So that’s why I keep some powder dry at the trigger. Another BIG Dip is a strategy, not a desire. My main (small) trading position now is long.

[OutOfMemory]

Sent fiat to exchange. Just in case Bitcoin decides to give another big chance to buy cheap (sub$4,xxx).

You are skipping straight from sub $5k to sub $4k?

One step at a time, Wekkel, no?

I am not going to presume sub $4k.  No way

No, I have a strategy aimed at sub $5,500, but then I wouldn’t have any fiat power left. I keep open the possibility that Wall Street takes another nose dive (in the US the Corona shit is about to hit the fan), possibly dragging Bitcoin down with it... again. I would hate missing a great ‘buy the dip’ moment again  

So that’s why I keep some powder dry at the trigger. Another BIG Dip is a strategy, not a desire. My main (small) trading position now is long.

Same here. Not that i wish the stock markets would nosedive, but it seems inevitable to me.
I can still try to buy some minor dip on the way up, if all goes well with the wall street and/or corona.

[kurious]

This is the time to do a *massive* upgrade to US infrastructure. Seriously, there should be a billion men rebuilding those railroad tracks to last 100 years.

That is a very good idea; a decent modern railway for commuting and freight would really be good for the USA.  

Plus it would be an investment, not just giving money away, but using money for a long-term benefit, creating work and building a new infrastructure asset.

Far too smart an idea for anyone to actually do it, though.

one small problem

real, actual, like...existing on the material plane...steel

costs real money

you can't print steel



well, if you already have steel you can sinter small parts, but you know what I mean

Print the money to buy the steel instead of airdropping it on banks and (presumably) airlines etc. who will only buy their own stocks..?

China has the steel.

I rather doubt they are going to be taking our confetti much longer.

Success requires foresight. When a gov tries to defend strategies that may have worked out well in historic times at all cost, it's a programmed fail.
Foresight is what lacks in politics of the Trump administration, one-dimensional thinking (opposed to networked thinking) is prevailing, but it won't work in economies that follow complex rules and rely on trust a lot. It's a big mistake to assume that the US is dependent on no other nation, but every other nation is dependent on the US. This is surreal, it's an illusion. Big question is, what to do if the american people wake up from their biggie dream and have to face reality of an economy that was blown up with their help.

EDIT: (saw it after posting)

I see what you meant now.  Fair point, you got me there.  The Chinese are also probably the only lot that could actually build one on time and for a reasonable budget, too.  But again, they'd want paying. With real money.  

Well it was an idea that would have worked once - maybe if they'd done it in 2008, instead of fluffing the markets to keep the horn section playing.

Also MAGA is based on the idea that they can do anything on their own. And now they are sabotaging their own concept by inflating the dollar.
This must end in some kind of breakdown.

They didn't fix it in 2008, they printed money to save the system and papered over the cracks.  They think 'more of the same' despite never having really gone back to 'normal' interest rates, is.... Fine.  

"It worked before and anyway - it's obviously a new paradigm, we'll just print even more and it'll be ok. All that shit saying that printing money will end in tears no longer applies"

Well, it works for a while, yes.  Until it doesn't and the whole house of cards tumbles down.  

Satoshi was no fool; remember what it says in the genesis block.  

[jojo69]

alright Ibian

that's it

one more screen you don't get to be on

[OutOfMemory]

alright Ibian

that's it

one more screen you don't get to be on

And one more 
Even so, i appreciated the missing of R0ach (who was on Ignore anyway, but ...).
I don't need this. Who needs this anyway?

[kurious]

Also MAGA is based on the idea that they can do anything on their own. And now they are sabotaging their own concept by inflating the dollar.
This must end in some kind of breakdown.

I didn't really answer the isolationism point, apologies.  I agree.

There is no doubt governments have a role in massive events, and that the public actually wants them to 'do something'.

In 2008/2009 the G20 was formed by Gordon Brown to actually act in a coordinated way and deal decisively with what was a serious credit crunch. It worked.  The lack of of a similar consensus and coordination this time around however, is plain and could get risky.  

In a world crisis it is risky to go it alone, or just blame someone else.  This attitude seems to be hard-written into the current zeitgeist.  The virus will be beaten, but the economic hit /recession will not be beaten easily if there is a credit crunch. This is about debt not being honoured and borrowing not being available because of a failing of trust.

If even a small country's banks get in trouble, and those banks can't be bailed out with loans, because no one will lend to them for fear of default - there will be trouble.   This is when a 'go it alone;' strategy will collapse; as with countries defaulting, then so will global demand.  This and its subsequent 'domino effect' could be a fire storm that will cause far more pain than the virus.  

The virus is just the straw. The camel's back is the world economy.

Edited. I often do.

[kurious]

Did I help the push to free up the screen?

[Elwar]

If things get really bad and they start shutting down centralized messaging services, what are our decentralized options?

[OutOfMemory]

Also MAGA is based on the idea that they can do anything on their own. And now they are sabotaging their own concept by inflating the dollar.
This must end in some kind of breakdown.

I didn't really answer the isolationism point, apologies.  I agree.

There is no doubt governments have a role in massive events, and that the public actually wants them to 'do something'.

In 2008/2009 the G20 was formed by Gordon Brown to actually act in a coordinated way and deal decisively with what was a serious credit crunch. It worked.  The lack of of a similar consensus and coordination this time around however, is plain and could get risky.  

In a world crisis it is risky to go it alone, or just blame someone else.  But this attitude seems to be hard-written into the current zeitgeist.  The virus will be beaten, but the economic hit /recession will not be beaten easily if there is a credit crunch. This is about debt not being honoured and borrowing not being available because of a failing of trust.

If a country's banks get in trouble, and those banks can't be bailed out with loans, because no one will lend to them for fear of default - there will be trouble.   This is when a 'go it alone;' strategy will collapse; as with countries defaulting, then so will global demand.  This and its subsequent 'domino effect' could be a fire storm that will cause far more pain than the virus.  

The virus is just the straw. The camel's back is the world economy.

Problem is, according to human nature, we try to carry out "former successful strategies" in the first place, before we go on to think about alternatives.
So it's always a nosedive before the way up again. So far economy only fell on its knees...

Also, the majority of the public thinks in a one-dimensional way, so they'd support more simple (understandable) "solutions". The majority wouldn't trust some complicated plans and international relationships as much as mentioned "do something" decisions. In fact it seems to be "do something, and make us look strong, too".

[kurious]

Sadly, yes.