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

[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.

<...>
You are posting in the wrong thread

 

[Last of the V8s]

Code:

All Members

Below is a poem with some budding poet using the current situation to release his talents.
Thank you John S"""""""" for this one
Keep smiling

Hon Sec


THE FORGOTTEN

With the streets now so empty
For days I haven’t sold a drug
If it goes on like this
There’ll soon be no one left to mug

The list goes on and on
We’ve lost several other blags
There are no pubs left open
Where we can sell our dodgy fags

And there is another area
To which my mind is drifting
There are very few shops open
To practise our shoplifting

In any case with this queueing
By people very thick
Who insist on panic buying
Means there’s nothing left to nick

While the banks may be open
A robber won’t get very far
When he has to social distance
From the driver of the getaway car

The immigrant trade is over
No more sailing through the foam
With England now in lockdown
They’re better off back home

So listen to us Boris
I know you’re very wise
With all this profiteering
We can’t afford to sanitise

Your Chancellor must hear our pleas
A refusal would be rash
We need self-employed support
And we’d prefer it all in cash

If that proves impossible
For we are such poor old souls
We are happy to be paid
With several dozen toilet rolls

Author – A Crook

#dadjokeswillgetusthroughthiskerfuffle

[Last of the V8s]

https://twitter.com/ShervinD/status/1247213923880722435?s=20

[Last of the V8s]

https://www.cryptopolitan.com/new-microsoft-bitcoin-mining-system-btc/
just clickbait

https://boards.4chan.org/pol/thread/252347151
funnier

[AlcoHoDL]

https://boards.4chan.org/pol/thread/252347151
funnier

Best answer:

Anonymous (ID: CHgAfMIq) 04/07/20(Tue)11:37:46 No.252347528▶>>252347695

    Give me Israel for $20 and I keep the other 80 bucks.

    USA and NATO will fight the war for me.

Speaking of which, where dafaq is r0ach?

[VB1001]

( 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.

I will read it in your language, so I also practice a little in Italian.

Thx

[Globb0]

BOOM!

[Last of the V8s]

Greece is the word.

[Phil_S]

Check out this graph from JP Morgan:


This is based partially on the second wave emerging in China. Are we going to keep doing these lockdowns every couple of months until a vaccine arrives?

South Korea: no second wave, no lockdown.

[soullyG]

Slow and steady growth or just waiting for a drop?

I'm expecting this rally to top out somewhere in the $8k region and then drop down to around $6k before bottoming out and bouncing back up next week

[Cryptotourist]

BOOM!

I'd go with, Russia-Italy-Greece.

Follow da pussy dawg!

[LFC_Bitcoin]

[BitcoinBunny]

Check out this graph from JP Morgan:


This is based partially on the second wave emerging in China. Are we going to keep doing these lockdowns every couple of months until a vaccine arrives?

South Korea: no second wave, no lockdown.

South Korea acted early due to its experience with Mers and Sars AND probably because it doesn't trust its disgusting bat soup eating neighbour.

What they did is no longer possible to be emulated in most other countries.

Also should be pointed out South Korea has one of the least diverse populations on the face of the planet.

There are some reports their economy is still crippled despite not supposedly having an official lockdown.

Wearing face masks might be the only way out of this combined with a rolling lockdown as suggested. I think it will be a horrible sight here in the west. But it will be behind us at some point.

[JL0]

[bitcoinvest]

incoming small  dump ?

[Febo]

Check out this graph from JP Morgan:


This is based partially on the second wave emerging in China. Are we going to keep doing these lockdowns every couple of months until a vaccine arrives?

Yes. But for the next wave we will be way more prepared. Medical workers will have all the protection they need. Same with other urgent services. There will be a lot of beds available and a lot ventilators and intensive care beds. Not essential services will also have protection and adapt how to minimise spreading the virus so lockout will last way less time. Many already got infected in the first wave and are now immune or their illness is way less serious if virus already mutated. Countries that do wide testing right now will have huge advantage since those citizens that are immune will know that. Those that got covid-19 now and were never tested for will be in fear at second wave although they will be totally safe.  Oh and the second wave will be here at winter time.