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

[Wekkel]

I am sensing some weakness in the current short term rally and expect a pull back. Exited my longs in an altcoin. Will probably regret it    

[rolling]

Digital dollars? wtf is that nonsense why bother god you repltilian assholes or is that fucking racist too

edit sauce coindesk

https://www.coindesk.com/house-stimulus-bills-envision-digital-dollar-to-ease-coronavirus-recession

This is a bigger deal than anyone realizes. This is not a liability for the federal government. They are saying it's a liability for the Federal Reserve (not the government). This is creating money out of thin air and distributing it to people. It is not backed by anything.

Unlike QE, where they are buying assets and putting them on the fed balance sheet, you can't sell this to anyone in the future. Unlike anything else the fed has ever done, this is purely inflationary. This is the beginning of the hyperinflation of the USD. The birth of the Fed Coin.

Not to be outdone, look for this from every central bank in the near future. Fed coins airdropped around the world hyper-inflating everything into oblivion. Trillions of debt won't seem so bad when a loaf of bread is $1000.

[El duderino_]

I am sensing some weakness in the current short term rally and expect a pull back. Exited my longs in an altcoin. Will probably regret it    

Daaaaaaaaamn, I have some lower orders standing ready, with your post now I’m considering to cancel and just buy at the current price !  

[vapourminer]

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.

yeah they released their infernophone too early and had to recall them all as there was low demand for "kill-it-with-fire" back then.. wonder if they kept all those note 7s to re release it for emergencies like this.

edit
where is that "halt and catch fire" command when you actually need it

[BayAreaCoins]

I am sensing some weakness in the current short term rally and expect a pull back. Exited my longs in an altcoin. Will probably regret it    

You should just be thankful any time you can sell your altcoins.

You didn't lose everything!

[BitcoinGirl.Club]

Good morning WO!
Observing @ $6,682

[Phil_S]

This is the beginning of the hyperinflation of the USD.

Yeah, it's very tempting for the government to just put extra money into people's hands for short-time relief during hard times.

But then people will realize there is not enough products available on the open market.

Especially when the rich ones will start hoarding like crazy at the first hint of product's shortage.

[Last of the V8s]

 “On hearing ill rumour that Londoners may soon be urged into their lodgings by Her Majesty’s men, I looked upon the street to see a gaggle of striplings making fair merry, and no doubt spreading the plague well about. Not a care had these rogues for the health of their elders!”

Samuel Pepys Diaries - London 1664

[vapourminer]

The dems, still being in the minority, can't push through lambos for all.

speaking of lambos, now that some car companies are apparently making ventilator parts..

we ARE going to get lambo ventilators right?

[Phil_S]

Italy stopped all manufacturing.

No lambos.

[lightfoot]

[Hyperjacked]

Crazy times... The bullish case is looking like the perfect storm leading into the halving...china recovering...US money printing...yada yada yada.

[serveria.com]

The dude hasn’t read it all..... But to many hostility among WO’s ....

I agree... too much hate... we need more loooove (pronounce with heavy French accent)... and peace  

[vapourminer]

Italy stopped all manufacturing.

No lambos.

WHAT

rats

this is finally getting real

as long as i dont get some Generous Motors vent with a plug that falls out or something.

[Last of the V8s]

What is the source of the #hantavirus scare?
I can't find a tweet by Global Times re this https://twitter.com/AP4Liberty/status/1242427117331075072?s=20

Hantavirus Kills Man in China

  https://www.news18.com/news/world/hantavirus-kills-man-in-china-heres-what-you-should-know-about-this-disease-2549501.html

Anyway, stockpile cats, it cannot hurt. Do it now.

[Phil_S]

What is the source of the #hantavirus scare?

What now? Never heard of it.

[Arriemoller]

... 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.

Out of curiosity, how would a non just in time funeral home work? Would they have bodies on stock in case deliverys run out?

[jojo69]

asking the important questions

[jojo69]

gold getting a taste of the roller coaster this morning

BTC relatively stable...for now

[Last of the V8s]

https://luchopoletti.com/