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

[CookieFactory]

Curious how much of the recent price action has been due to a miner "war" (speculating)? The hash-rate has dropped 45% since the ATH - any thoughts on why?

[rolling]

Curious how much of the recent price action has been due to a miner "war" (speculating)? The hash-rate has dropped 45% since the ATH - any thoughts on why?

It's simple, the average cost to mine a bitcoin is higher than the current price so miners with a higher cost shut down.

[Cryptotourist]

You know what. We should get rid of aids too. Mandatory registering of anyone infected on a public list. Selectively fuck it out of existence.

You know what. We should isolate them in a region like the old days.
Why should we let them walk freely on the planet? Your region would do just great.
Oh wait...

Ibi stop this death talk will ya, the whole tragedy is more than enough, without your degenerate comments.

Why are you in favor of preserving aids? Are you one of those people who think that sperm banks with aids is a good idea?

How the fuck did you come to those conclusions? A bit steep don't you think?
Do read again what I wrote. Focus on the "HIV patients isolation in your hood" part.

[jojo69]

patience guys

just a matter of time

[Ibian]

You know what. We should get rid of aids too. Mandatory registering of anyone infected on a public list. Selectively fuck it out of existence.

You know what. We should isolate them in a region like the old days.
Why should we let them walk freely on the planet? Your region would do just great.
Oh wait...

Ibi stop this death talk will ya, the whole tragedy is more than enough, without your degenerate comments.

Why are you in favor of preserving aids? Are you one of those people who think that sperm banks with aids is a good idea?

How the fuck did you come to those conclusions? A bit steep don't you think?
Do read again what I wrote. Focus on the "HIV patients isolation in your hood" part.

You don't wanna get rid of aids. So, you wanna preserve it. He who does nothing abides. Why do you like aids? Why do you wanna keep it?

[Review Master]

Curious how much of the recent price action has been due to a miner "war" (speculating)? The hash-rate has dropped 45% since the ATH - any thoughts on why?

If we see the history, everytime , there is an downtrend in bitcoin mining. It's also happened in 2018 when bitcoin has the bottom price after the finishing the $19k bull run. It's difficult for the individual miners to continue their mining . But the gaints are trying their best to hold on. After all , most of the miners who are in loss, try to leave the bitcoin mining field and we see, the hashrate downwards in graphs. That's it.   

It's simple, the average cost to mine a bitcoin is higher than the current price so miner's with a higher cost shut down.

yeah. It's for those who are mining individually in there own. They are going to shutdown , that's why we also see some up-down in bitcoin price. But all the mining farm or gaints are trying there best to hold their business and continue mining . If the gaints are going to shutdown , then anything can be possible for bitcoin price. So, hope that bitcoin will recover from this price and all the miner will be in profit after the Bitcoin halving. 

[Cryptotourist]

You don't wanna get rid of aids. So, you wanna preserve it. He who does nothing abides. Why do you like aids? Why do you wanna keep it?

You'll have to do better than that Ibi.

I don't like many things, but we can't just round them up and shoot them out of existence.
Let's kill all the cancer patients too, why only HIV?

Is it clear that your narrative is total and utter bullshit now?

[Wekkel]

The short term price development looks weak. Like drifting lower slowly to a steeper and steeper plunge.

Hold your fiat ready...

[JSRAW]

Have to agree with Roger Vermin here -

@rogerkver
If YOU are worried about the coronavirus, YOU should self isolate.
Leave the rest of us alone.
https://twitter.com/rogerkver/status/1244263515172601857?s=21

Stupid argument considering world came to know about Covid-19 just recently. to give you one example seasonal flu has a history of thousands years.

[Ibian]

You don't wanna get rid of aids. So, you wanna preserve it. He who does nothing abides. Why do you like aids? Why do you wanna keep it?

You'll have to do better than that Ibi.

I don't like many things, but we can't just round them up and shoot them out of existence.
Let's kill all the cancer patients too, why only HIV?

Is it clear that your narrative is total and utter bullshit now?

You are imagining things once again. Read the original proposal one more time. No actual shootings, efficient tho it would be.

[mindrust]

The short term price development looks weak. Like drifting lower slowly to a steeper and steeper plunge.

Hold your fiat ready...

Ready for what?

Shit is getting more than real in where I live.

Basic crap like body thermometers, Vitamin C pills, any brand immunity pills, I.V. Vitamin C, cologne, hand sanitizers, any kind of masks (not only n95's) are all out of stock. Impossible to find.

I don't even need to mention that hydroxychloroquine, azithromycin and oseltamivir are long gone from the shelves.

Even pastilles went out of stock. Those little candy-like useless crap.

See where I am getting at? Some people still don't realize the seriousness of the situation.

I have to go to work tomorrow. Let's see how long that'll go.

[OutOfMemory]

Flavored whisky shots?
Gin is just flavored vodka.
Pretty much the same.

duuuude, no fucking way
vodka's made from potatoes
gin from juniper

[Cryptotourist]

You don't wanna get rid of aids. So, you wanna preserve it. He who does nothing abides. Why do you like aids? Why do you wanna keep it?

You'll have to do better than that Ibi.

I don't like many things, but we can't just round them up and shoot them out of existence.
Let's kill all the cancer patients too, why only HIV?

Is it clear that your narrative is total and utter bullshit now?

You are imagining things once again. Read the original proposal one more time. No actual shootings, efficient tho it would be.

I'm not imagining things.

What I responded to that was, "yeah, let's put them in your house".
You then went off topic to say that, "I (me that is Ibi) loves aids".
I then extrapolated your dumbness to my final comment "let's shoot them all".

I'll try to use a simpler parathesis in the future, if it will help you understand things better.

[Wekkel]

i am already working at home for 2 weeks. After a frenzy on TP and other stuff, the situation in groceries stores has nomalised in terms of filled shelves. I have no experience with buying medicines and stuff but aspirin was in short supply when ordinary life got shut down.

If you live in The States, I can imagine things may be a bit rougher.

[sirazimuth]

patience guys

just a matter of time

Those guys were my 1st pm purchase.
I switched to JM Bullion though, as they accept bitcoin. (Ampex did not, when I ordered, maybe they do now? idk)
All my PM's were purchased with air dropped bitcoin forks and shitcoin proceeds.
In hindsight, not a bad investment, albeit probably would be better off if I had held the bitcoin, but whatever.
Gotta diversify, doncha know.

[Torque]

^^^^^
Funny how the Average Joe couldn't have given a shit about PMs until this coronavirus hit.

I was buying PMs occasionally from 2015-2018 and the dealers couldn't give the metal away fast enough. Spot deals were plentiful.

FOMO is a hell of a drug...apparently.

[Cryptotourist]

See where I am getting at? Some people still don't realize the seriousness of the situation.

Don't bet on it.
I think all of us understand the seriousness of at least ONE situation, some of us maybe more.

Which situation are you talking about? Vitamin C?

[JimboToronto]

Flavored whisky shots?
Gin is just flavored vodka.
Pretty much the same.

duuuude, no fucking way
vodka's made from potatoes
gin from juniper

That's urban legend.
Most vodka is made from grain
Just as most gin is.

https://www.livescience.com/41298-what-is-vodka.html

Today, most vodka is made from fermented grains such as sorghum, corn, rice, rye or wheat, though you can also use potatoes, fruits or even just sugar.

As for juniper,
Just flavoring added like
Fireball's cinnamon.

[marcus_of_augustus]

... now that enough people are finally taking this 'flu' seriously (except roger ver whoulda think eh?) let's see what it really could look like.

... so far I've restrained posting on the more usual pandemic outcomes even when mitigated correctly. If this thing goes bad it's going to go really fucking unbelievably bad. The second wave that may still be ahead of us is going to include all those carefree young bulletproof folks attending coronavirus parties that got a mild first round and now have exposed themselves to the possibility of a cytokine storm reaction to a 2nd strain in the future. Read on ...

https://www.history.com/news/spanish-flu-second-wave-resurgence

From September through November of 1918, the death rate from the Spanish flu skyrocketed. In the United States alone, 195,000 Americans died from the Spanish flu in just the month of October. And unlike a normal seasonal flu, which mostly claims victims among the very young and very old, the second wave of the Spanish flu exhibited what’s called a “W curve”—high numbers of deaths among the young and old, but also a huge spike in the middle composed of otherwise healthy 25- to 35-year-olds in the prime of their life.
...
Only decades later were scientists able explain the phenomenon now known as “cytokine explosion.” When the human body is being attacked by a virus, the immune system sends messenger proteins called cytokines to promote helpful inflammation. But some strains of the flu, particularly the H1N1 strain responsible for the Spanish flu outbreak, can trigger a dangerous immune overreaction in healthy individuals.
...
In those cases, the body is overloaded with cytokines leading to severe inflammation and the fatal buildup of fluid in the lungs.

British military doctors conducting autopsies on soldiers killed by this second wave of the Spanish flu described the heavy damage to the lungs as akin to the effects of chemical warfare.

[Cryptotourist]

FOMO is a hell of a drug...apparently.

Insane actually.
So insane, that McAfee's chances must have at least doubled recently.

Oh boy.

... now that enough people are finally taking this 'flu' seriously (except roger ver whoulda think eh?) let's see what it really could look like.

Is that a physical threat?

Fuck off cunt.