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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26382361 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
jojo69
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March 24, 2020, 01:16:16 AM


oh jesus

now I am going to hell because of you
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marcus_of_augustus
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Eadem mutata resurgo


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March 24, 2020, 01:42:36 AM

marcus_of_augustus
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Eadem mutata resurgo


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March 24, 2020, 01:46:16 AM
Merited by vapourminer (1)

... another bottleneck exposed in modern society by the virus, just-in-time funeral services.

I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.
Elwar
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March 24, 2020, 01:47:06 AM

...I barely got out of Thailand with my bitcoins intact...Fortunately I had a backup that I split among family members because all of my cryptosteel was on the seastead...

Any wonder why they decided that your tiny pied-a-mer was a threat to Thai sovereignty and threatened you with death? It would have been an interesting interrogation if they'd caught you.

What's a $5 wrench compared to a navy and a firing squad?

Sovereignty was just an excuse.

Yes, we know the reason now.

You are right. It had absolutely nothing to do with sovereignty.
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March 24, 2020, 02:18:18 AM

Two(more) weeks of lock down got me starting to think about birth rates in about 9 months from now.    Shocked      Forget the tp...hoard diapers and baby wipes    Cheesy


Gotta look at the bright side of things Marcus..at least once in awhile.
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March 24, 2020, 02:21:45 AM

I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.

How exactly would it deal with the unexpected demand? Could people rent out their homes for funerals and backyards for grave sites?
infofront (OP)
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March 24, 2020, 02:31:37 AM
Merited by vapourminer (1)

... another bottleneck exposed in modern society by the virus, just-in-time funeral services.

I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.

How about a drive through funeral service? The body can be propped up in a window like a mannequin. Maybe they could partner with McDonalds. People can pull up, pay their respects, get a Quarter Pounder® with Cheese, and go about their day. That sounds pretty American.
bitserve
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March 24, 2020, 02:35:04 AM



Only some cosmetic changes needed.
bitserve
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March 24, 2020, 02:40:17 AM

... another bottleneck exposed in modern society by the virus, just-in-time funeral services.

I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.

How about a drive through funeral service? The body can be propped up in a window like a mannequin. Maybe they could partner with McDonalds. People can pull up, pay their respects, get a Quarter Pounder® with Cheese, and go about their day. That sounds pretty American.

No, you can't go out. And even McDonalds has been shut down. It needs to be on-site service.

You can pair it with one of those funeral streaming services so that everybody else locked at home can "attend" remotely.
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March 24, 2020, 02:41:37 AM

Searing
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March 24, 2020, 03:00:13 AM

Meanwhile, back in Bitcoinland we've just gone over $6.7k. That's up almost a grand from earlier today.

Is everyone so numbed by the last week and a half that nobody cares anymore?

I guess we have to hit $8k before anyone wakes up.

Well, what is it now by the time this is done? With the current USA debt and 2.5 trillion previous 'hole' from the 'dubious' tax cuts to the US corporations and the well off...we will be
at what? 7 Trillion in debt? If/when the economy of the USA and the world 'maybe' start to 'limp' back?
Well, if BTC/Crypto can't act as a store of value under those circumstances, indeed, it was all a dream indeed.
My bet is on HODL. Actually much easier now, where the hell else would I put any that I cashed out now? Under my mattress
(Ya makes the bets, ya takes 'yur' chances!) (tm: Popeye!)
LUCKMCFLY
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March 24, 2020, 03:39:14 AM

Wait to see..

Quote
So the next difficulty adjustment due in 4 days will reduce difficulty by 13-15%, assuming nothing changes. This will likely be the 3rd or 4th greatest reduction in difficulty in Bitcoin history[/quote





Source: https://twitter.com/nic__carter/status/1241173254947188738
lightfoot
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March 24, 2020, 04:14:43 AM

I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.

How exactly would it deal with the unexpected demand? Could people rent out their homes for funerals and backyards for grave sites?
You tuck the phone into the person's pocket, battery overloads, cremation.
bitserve
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March 24, 2020, 04:28:13 AM

I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.

How exactly would it deal with the unexpected demand? Could people rent out their homes for funerals and backyards for grave sites?
You tuck the phone into the person's pocket, battery overloads, cremation.

Looking at the most optimistic death figure predictions... I don't think we have enough samsung phones for that.
lightfoot
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March 24, 2020, 04:36:33 AM

Probably right. Guess we'll need these.

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March 24, 2020, 04:45:50 AM
Merited by JayJuanGee (1), JSRAW (1)

Coronavirus Cases: 381,653. Deaths: 16,558. Recovered: 102,429. Affecting 195 countries and territories.

- First cases in Myanmar, Belize, Turks and Caicos.

- Zimbabwe has recorded its first death.

- 25 counties with more than 1000 cases.

- Ethiopa has closed its borders to nearly all visitors.

- Nigeria closes borders, suspends international flights.

- Governors in Indiana, Hawaii, Michigan and Massachusetts became the latest state executives to order statewide stay at home orders.

- US Postal Service may be bankrupt by June without financial support from congress.

- The Federal Reserve says there is an ''infinite amounth of cash''.

- Spain's La Liga suspended indefinitely.

- India announced a halt to all domestic flights and said the majority of the country was under complete lockdown. Prime minister Modi tells Indians to save themselves.

- Hong Kong bans non residents from entering.

- Tunisia has ordered the army enforcing a lockdown.

- Three doctors have died in France after contracting Covid-19.

- Spain has nearly 4,000 health workers infected.

- Tens of thousands of migrant workers left Thailand for neigbouring countries after new restrictions were announced.

- Netherlands tightens restrictions one step before lockdown.

- New Zealand prepares to enter lockdown.

- UK lockdown will last for at least 3 weeks, closing all non-essential stores, public gatherings with more than 2 people banned.

- Austria is mobilizing its military reservists for the first time since World War 2 by helping with food supplies, medical support and police operations.

- Denmark extends lockdown until April 13.

- Kyrgyzstan declared a state of emergency, moves to lock down major cities.

- More state border closures in Australia.

- Congo has imposed a two day lockdown in one copper and cobalt producing province and shut down public markets.

- Greece announces lockdown after reporting largest daily jump in deaths and is suspending all flights to the UK and Turkey.

- Total lockdown imposed in South Africa for three weeks.

- Riots in several jails in Argentina, over one thousand prisoners revolted.

- WHO: coronavirus pandemic is accelerating.

- Angela Merkel tests negative for Covid-19.

- Canada and Australia withdraw from Tokyo Olympics.

- Mexico tourist economy tanking. Mexican president vows to bail out the poor, not big companies.

- CCP narrative: the world is infecting China, all new cases are "imported".

In the past 2 weeks, more people in America have lost jobs than in the entire 2008-2010 recession.

And this has just started.


Historic Fed boost fails to stop Wall Street's coronavirus driven sell off.
bitserve
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March 24, 2020, 04:50:56 AM

Probably right. Guess we'll need these.



I was going to add something about a potential food supply outage... but I guess that would even be above my otherwise almost inexistent limits of black humour.
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March 24, 2020, 05:15:31 AM

Good morning Bitcoinland.

Still over $6k... currently $6310USD/$9140CAD (Bitcoinaverage).

Go Bitcoin go.

Johan Cruijff was not a Dutch philosopher. He was a football player and captain.
He did have some very good quotes...

That's like saying Yogi Berra was not an American philosopher.

That was my first thought as well. Smiley


Probably right. Guess we'll need these.



Back in the day we used to disable those suicide bars.


bitebits
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March 24, 2020, 05:33:02 AM
Merited by vapourminer (1), JayJuanGee (1)

[...]
Coming up with a new cold storage solution is not simple when you don't trust that your home won't be over-run. If I was thrown in jail I'd like the peace of mind that every day I'm in there I'm getting richer and richer and nobody can steal my bitcoins while I'm in there.


Elwar just memorize the 12 word seed and store the Shamir Backup with friends and family (need X out of X pieces to restore the passphrase, setup supported by default on the Trezor T).

And if you are afraid of being physically threatened to move your bitcoins, don’t memorize the seed and setup multisig with a bunch of cheap Trezor One’s and Electrum. Look into the Electrum Cosigner Pool functionality, all you need to do is get in contact with a few of your co-signers and ask them to confirm the transaction you created in Electrum.

IMHO coldsteel like backup solutions are of the past. Storing an entire seed in one place is a single point of failure, including your brain and non-multisig Trezor hardware wallets (always use a passphrase on top of the seed to prevent yourself against having the seed extracted from the chip).


15% Trezor discount code until the 1st of April: STAYSAFE15
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March 24, 2020, 06:19:37 AM

... another bottleneck exposed in modern society by the virus, just-in-time funeral services.

I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.

How about a drive through funeral service? The body can be propped up in a window like a mannequin. Maybe they could partner with McDonalds. People can pull up, pay their respects, get a Quarter Pounder® with Cheese, and go about their day. That sounds pretty American.

Soylent Green anyone?
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