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

[nutildah]

Why do the chinese eat almost literally anything, including live animals or cooking their food with slop from sewers? Because their ancestors were starving and the most picky eaters died first.

What a fuckin moron !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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[jojo69]

Complete lock down for Hot spot areas and for others bit relax lock down should do the trick.

nothing short of total loss of personal liberty will do

mark my words

[Cryptotourist]

So I took your advice and watched The Hunt the other day... It definitely had a few laughs. Its funny to read the IMDB reviews. Some people saying, "Hah! They owned the libs so good." Then others saying, "Hah! They made conservatives look really dumb." Don't exactly know what the message was if there was one.

I recommend watching it, but don't pay money for it or you'll be disappointed.

Hey, I wasn't even aware of Carole fuckin Baskin!

[VB1001]

https://imgur.com/t2ZgL3e

We have endured the night well, now 7,270 and almost broke 7,500 nice.

[Cryptotourist]

https://www.youtube.com/watch?v=LnEik-n-yTM

That's much better.

Uploaded yesterday, but he did mention a $9XXX BTC, so obviously a bit older.
Very interesting to hear what he had to say about energy and proof of stake.

+1 WO's merit damn it.

[Cryptotourist]

Noticed that we have a little number orgy going on:



Does that mean we can fall in love now?

(no need for the #nohomo tag, this is hetero)

Hey, I wasn't even aware of Carole fuckin Baskin!

Did they mention her in the movie? That would have been a timely reference. I heard they finished filming it back in August.

Don't think so, not that I would have noticed.
I got this valuable piece of information, from right here.

[BitcoinGirl.Club]

Good morning WO!
Observing @ $7,290

[VB1001]

https://www.bitcoinpricemap.com/

The map indicates the different Bitcoin prices in each country, I leave you a guide for the brave who want to trade in arbitrage.

The Beginner’s Guide to Bitcoin Arbitrage

https://99bitcoins.com/bitcoin/arbitrage/

Nigeria $8,000

[Gyrsur]

excellent




61.8% fibo level is important too.

[JSRAW]

#staycalm
"Bitcoin charts : I don't want to jinx it but the calendar year to date candle is green!"

https://twitter.com/ChartsBtc/status/1247281669347786752

Since we are becoming such interwebs' buddies (#nohomo) recently, JSRAW, me as "grammar policia" decided to FTFY.

You will gracias me later.  

 

By the way, that is a doji candle... whatever that means?.... and I am not superstitious about any of the "mentioning it" part.

Thanku, will give you more opportunity in this regard. unintentionally  

Well, its fine as long as its harmless. not implying that superstitious works 

[Globb0]

Creeping up

daily closed above that triangle, trend seems confirmed

[VB1001]

Creeping up

daily closed above that triangle, trend seems confirmed

The bulls are ready, there is no resistance up to $8,000-$8,100, if we get there the bull market will open.

[Last of the V8s]

... and we're just hearing that Boris Johnson has been disqualified! Sensational! Over to you Jason in the studio. Tell us more about this breaking news!

nodding - Yes that's right Abimbola, and welcome along to our fabulous studio here at Tokyo Park if you're just joining us. Carrie has more for us on this sensational development. Carrie?

nodding - Yes that's right Jason. Boris Johnson, who you'll remember won the silver medal just yesterday in the "Leader who kept the truth from the public the longest" race, with the Gold sensationally being squeaked from him at the last minute by President General Trump with his controversial 30-40% lung damage revelation hidden until May masterstroke, has now been sensationally disqualified from the competition Abimbola was just commentating on for you, the "Leader who profited the most from the Downturn" stakes.

In rules sensationally verified by the International Olympic and Pandemic Committee just last night, Lord Coe of Everywhere confirmed that President Johnson could not be entered in to the competition because of his sojourn in the ICU at Tommy's. So Abimbola we are hearing that this pushes Comrade Macron in to contention for the bronze medal, is that right?

nodding - Yes that's right Carrie. Sensational news there ...

[fillippone]

Creeping up

daily closed above that triangle, trend seems confirmed

The bulls are ready, there is no resistance up to $8,000-$8,100, if we get there the bull market will open.

Sadly, I think it's all related to risk on mood on traditional financial markets (equity markets rebounding).
Price still reflects the use of Bitcoin as a pure gambling tool, even if the coins involved in actual trading are a tiny fraction of the actual total coins.
Brace yourself for the inevitable correction when equity will start falling again.

[El duderino_]

And they told me Bitcoin was a risky volatile asset...

(Plotted in log charts so % gains/losses are proportional within each respective sparkline)

via Imgflip Meme Generator

https://twitter.com/woonomic/status/1247434537669234688?s=21

Do I think BTC is exhibiting safe haven properties?

Yes.

I think this is in part due to the nuances of Bitcoin production costs creating a floor in price, and partly due to it getting an uplift in price due to it's adoption s-curve (other assets are at adoption saturation).
https://twitter.com/woonomic/status/1247441012332482560?s=21

[VB1001]

Creeping up

daily closed above that triangle, trend seems confirmed

The bulls are ready, there is no resistance up to $8,000-$8,100, if we get there the bull market will open.

Sadly, I think it's all related to risk on mood on traditional financial markets (equity markets rebounding).
Price still reflects the use of Bitcoin as a pure gambling tool, even if the coins involved in actual trading are a tiny fraction of the actual total coins.
Brace yourself for the inevitable correction when equity will start falling again.

You are posting in the wrong thread

[LFC_Bitcoin]

@PeterSchiff
Investors seeking a real safe haven will never buy a speculative asset on the chance that it may eventually become a safe haven. Since anyone doing so is speculating, the only people who will ever buy #Bitcoin  are speculators, which is why Bitcoin will never become a safe haven.
https://twitter.com/peterschiff/status/1247313950611582985?s=21

He’s absolutely FURIOUS !!!!!

[VB1001]

Bitcoin’s Future: Exactly How a Coming Upgrade Could Improve Privacy and Scaling

If the privacy and scaling upgrade Schnorr/Taproot makes it into bitcoin (BTC), it could pave the way for advanced and heretofore impossible projects.
That is, as they say, good for bitcoin.

https://www.coindesk.com/bitcoins-future-exactly-how-a-coming-upgrade-could-improve-privacy-and-scaling

[Last of the V8s]

I am pretty sure that in recent weeks I had come across a term that describes a kind of poetic justice that occurs when someone becomes a victim of the very thing that s/he has been denying to exist.  

Boris Johnson has already become that, but I cannot remember the term.. or if we need to create a term.  

New research obsession of mine to find the right descriptor (or meme or whatever will accurately describe such phenomena and several people are coming to realize that those invisible lil thingies, aka viruses, can be a "real" force to be reckoned with).

Even when someone is a denier, we can still feel some passion for the human side of severe illness and perhaps succumbing to death when they become the victim, even though their prior arrogance can be challenging of such sympathies, too, as shown in this article, including a video from Johnson, too.

https://www.bloomberg.com/news/articles/2020-03-28/johnson-s-war-with-coronavirus-is-no-joke-anymore

The below article about Landon Spradlin deals with coronavirus deniers becoming victims, too.

https://foreignpolicy.com/2020/04/02/landon-spradlin-coronavirus-pandemic-death-punchline/

Maybe you're grasping at this phrase?

How is [Jihan] going to make any changes that would be enforceable on the community?

it's simple. the miners decide. the users don't matter.

Hoist with one's own petard. 

[fillippone]

Bitcoin’s Future: Exactly How a Coming Upgrade Could Improve Privacy and Scaling

If the privacy and scaling upgrade Schnorr/Taproot makes it into bitcoin (BTC), it could pave the way for advanced and heretofore impossible projects.
That is, as they say, good for bitcoin.

https://www.coindesk.com/bitcoins-future-exactly-how-a-coming-upgrade-could-improve-privacy-and-scaling

Again.
A lot can be done with privacy management before the introduction of those improvement.

I suggest a great read on Bitcoin and Privacy from Giacomo Zucco:

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

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

In Part One of this treatise, we examined the fundamental relationship between Bitcoin and privacy by going back to the beginning with the whitepaper. In spite of some excellent privacy preserving options  that have been available to users since those early days, we seem to have taken a few wrong turns. But to fix it, in order to make Bitcoin’s privacy “great again,” we must be able to distinguish between real privacy and red herrings that can only lead us further off the path.

( I made an Italian version of this, if ever you care).
There are so many interesting things on those articles, I strongly recommend a read.

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