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

[Paashaas]

https://twitter.com/jenniferatntd/status/1243545730217922565

[1714228320]

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[1714228320]

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[1714228320]

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[jojo69]

[Raja_MBZ]

Coronavirus impact: 'It’s clear we have entered recession,' says IMF chief

https://gulfnews.com/business/coronavirus-impact-its-clear-we-have-entered-recession-says-imf-chief-1.1585322783599

[Last of the V8s]

If @erre and @fillippone and whoever else of an Italian sensitivity could now close their ears

I just found an opened packet of wholewheat farfalle with a 2014 best before date at the back of the larder. It too k around 30 mins to soften up and then was perfectly delish with some shop pesto of the same era. /

[bkbirge]

Haha, out of merit but you deserve some for that, classic. It needs an update for 'time spent manually placing straight lines to predict future of chaotic datasets'.

[Torque]

Coronavirus impact: 'It’s clear we have entered recession,' says IMF chief

https://gulfnews.com/business/coronavirus-impact-its-clear-we-have-entered-recession-says-imf-chief-1.1585322783599

We actually entered recession in 2008 and never left

[Cryptotourist]

I'll just leave this epic rant about the $2T (*cough* $14T *cough*) bailout bill here:

https://www.youtube.com/watch?v=D-7uro3A3qU

People often say, well what can the Average Joe do about it? March? Riot? Revolution?

Bitcoin was *literally* created for this reason. It IS the red pill. It IS the Revolution.

#BUYBTC and stop participating in the corrupt fiat monetary system.

Gosh, I don't know, I ultimately still - I'm a long the world guy, not a short the world guy - and I do have optimism, that the integration of distributed resources and distributed activity, will ultimately prevail.

[Phil_S]

The Sign?

[Cryptotourist]

I'm so in love.

Can we dox her? Lauda? HM's wife?

[Last of the V8s]

Looks chilly on the pussy flaps

[Cryptotourist]

~ explicitly dumb content, parental advisory ~

FYI, bitcoiners can't catch MyCorona, because they are already immune - they caught it last year.
Much like Chuck Norris.

So sweet of you to drop by.

[Last of the V8s]

- the spaniels are coming
- what, another armada?
- don't mind if I do

[VB1001]

https://twitter.com/yegorpetr0v/status/1243349602276868097

[lightfoot]

Meanwhile who is screwing with bitcoin keeping it at 6,666?

Summoning a demon?

[sirazimuth]

Not that there ain't good tonic waters available. But why would one sully Sapphire with such debasement? I mean, maybe if all you have on hand is Tanqueray, or Seagram's , or some such, but jeeze.

Cum on jb.

It was funny.

Whither civility?

Nice one yogi.



Well, the most important part of my home studio is Fresh Step & Texas Toast.
Must be an artsy-fartsy thing.....
(the Fresh Step makes a good tablet stand anyway...)


"  ♫  ♪  I got the.... corona quarantine blooooz!!....♫ ♪...."

[fillippone]

A good read.

In these difficult times, lateral Bitcoins, brrrr and CoronaVirus scare, nothing better than a nice read from my fellow italian Bitcoiner @giacomozucco about Bitcoin Privacy.

Two part article.
 I bet you have time in your quarantine:

 
A Treatise On Bitcoin And Privacy Part 1: A Match Made In The Whitepaper

Introduction

How one’s focus can shift in just two weeks! While today everybody in the Bitcoin space seems more concerned with price fluctuations in response to the global financial panic (understandably so), it’s important to remember perennial issues that never go away, like the importance of maintaining your privacy when you transact in bitcoin. Throughout this month especially, we’ve been hearing reports of KYC/AML-compliant exchanges freezing user accounts due to suspected use of CoinJoin software (more on that later), followed by yet another case of a famous and respected early Bitcoin proponent promoting his new illiquid altcoin as something that “will replace Bitcoin, which isn’t private enough!”

If you want to take a short break from global pandemics, financial meltdowns and price volatility, here’s an attempt at analyzing claims, facts and context of this latest “Bitcoin drama.” To begin with, in Part 1 of this two-part series, we’ll start by looking at the fundamental relationship between Bitcoin and privacy by going back to the beginning with the whitepaper. Then, in Part 2, we’ll focus on some the ways that Bitcoin privacy is being maintained and improved upon — and strike down a few “red herrings.”

A Treatise On Bitcoin And Privacy Part 2: Don’t Be Misled By Red Herrings

Fiat Gateways Lead to Privacy Graveyards


Bitcoin is an effective system to transfer and store wealth, but that wealth has first to “enter” the system somehow, very often coming from fiat money. (Of course, you can also earn satoshis directly in exchange for goods and services you provide, instead of buying them with fiat.)

Fiat-enabled bitcoin on-ramps (often known as “cryptocurrency exchanges”), acting as liquidity bridges, created huge privacy problems in Bitcoin. In order to manage fiat, exchanges will have to use traditional bank accounts. In order to get those, they have to meekly accept all the rules, conditions and limitations banks require. Traditional fiat banks, in turn, will pass over the extremely complex and heavy “compliance” burden they received from governments and regulatory agencies, including that concentration of economic illiteracy called “KYC/AML regulation.”

So, fiat-to-bitcoin bridges will almost always end up demanding a scary amount of personal information from their user, linking that information to a few deposit and withdrawal addresses (often incentivizing continuous reuse) and then even hiring “chain-analysis” companies in order to follow, trace, tail and stalk all the previous and following economic activity on-chain.

[Toxic2040]

Good morning WO's


Bitcoin continues to trade in a narrow channel and seems content to follow the lead of legacy markets. Not a great sign imho and is probably indicative of more choppy seas in the short and mid terms. #dyor

The spigot is closed or closing it appears on the hourly chart. I honestly have no idea what it represents, but I dont care for the look of it.
1h


The weak vertical structure(s) of the 'ladder' is suspect imo..trade craefully.
4h

[JayJuanGee]

I think the NHS is also down a lot of money thanks to Brexit.

Hm. Wonder when the horde of diseased refugees will try to invade Ireland. They may need a wall.

Probably a good idea to build a wall.

A huge wall.

The best wall.

there should be a wall between northern and southern Ireland and then another wall around the island.. a kind of water wall.

Oh, we need to know a minor detail about which part of the island is keeping the other part of the island out; might make it a wee bit easier to figure out how to build the wall, exactly?  whether it should lean inward or outward might be another detail, with barbed wire on top, too.

Would be great for the economy.. a kind of infrastructure building stimulus.

[jojo69]

[JayJuanGee]

The reason bitcoiners can’t catch Coronavirus:



They have nowhere to go, no one wants to hang with them and all their friends are bots.

I resemble that statement!!!!!!!!