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

[JayJuanGee]

Join Us At The BitcoinHalving.Com 21-Hour Livestream

What: Bitcoin Magazine presents non-stop, 21-hour coverage of Bitcoin’s third Halving! This free virtual event will include insightful voices, leading companies, product giveaways, unique items for auction and a live countdown to this historic event.

When: We’ll be monitoring Bitcoin’s block height to determine the exact moment of the Halving, and therefore the official timing of our event; currently scheduled for around May 12, 2020. You can expect updates on the specific live stream date and timing to be posted across our social channels.

Where: You will find the Halving Party live stream on BitcoinHalving.com, across our social channels and at BitcoinMagazine.com.

https://bitcoinmagazine.com/articles/join-us-at-the-bitcoinhalving-com-21-hour-livestream

I find this halvening date projection strange.  Of course the closer that we get to the halvening date, the more accurate the projection should be, and https://coin.dance/#hashrate is putting the projection right in the middle of May 11... but for some reason Bitcoin magazine believes that the halvening (and therefore such party) is going to be the 12th.

It is like they are expecting the difficulty or the hash rate to go down in order to project that the blocks are mining slower and the halvening date happens out further.  

We had a BIG down adjustment two weeks ago (one of the BIGGEST down adjustments ever, like 15%-ish), and then we had a small up adjustment just yesterday of something like 5.5%, and there is an expectation of another small up adjustment in two weeks of a few more percent..

Of course, this could change, but I am conjecturing that the algorithmic projection of the coin.dance website should be pretty damned accurate, even including the projection of a party date, but if some group (namely bitcoin magazine) is planning a party a day later, then they must know something that I do not know.  Smarter peeps than a mere novice like me, right.. and spending time and efforts (not sure about expenses) advertising a party, too?  

I thought the idea of a party would be to have the party right in the middle of when the halvening happens.. like right over the middle of the halvening, and maybe even front loading the time of the party a bit in order that speculations can be accomplished before the halvening happens.  

It's like the festivities around new years, the BIG part of the party seems to frequently take place before the actual time of new years in anticipation of the event, and then after new years actually happens, the party kind of peters out... and people disappear as they go home, while saying: "well there was that" blah blah blah.

[JayJuanGee]

Over and under 7K, curious where we go at

One month from halving

Gogogogo

I'm thinking that we have three choices?  Is the joke getting old?

[bitserve]

If you aren't totally burned out on the COVID19 BS... this is a REALLY great video:  https://www.youtube.com/watch?v=lGC5sGdz4kg

This guy is fucking decent.

No he is not. Sending kids back to school is the last thing we should do. Dropped the vid right there.

Send workers back so we can afford to treat and hopefully eventually cure this plague. School kids are the biggest infection vector. Parent your children for a while, for once.

In fact it is kids who should be sent to Corona "Summer" Camps to get properly infected and get them back with their parents when they test inmune. Win-Win.

We could have had all of them already inmune if we had do that as soon as the lockdowns started.

... this is a bad idea until long term effects of the virus are fully known. In fact, there are no known clinical studies that a bout of Covid-19 even gives immunity to Sars--Cov-2, that I'm aware of, at this point immunity or "herd immunity" is just a nice politicly-expeditent hypothesis.

If this is a "designer virus" with some special traits bestowed upon weapons-grade constructions, sending kids to summer camp to bathe in the bioweapon virus is akin to genocide, of your own kind. Long term effects could include, HIV-like symptoms compromised immune systems, weakened respiratory and heart systems (pulmonary/cardiac), blood disorders, brain function impediments and infertility are outcomes I have come across in the literature associated with ACE2-carrying cells in human organs.

This is dangerous thinking considering it to be like a turbo-charged cold/flu. It is nothing like that at all. NORAD command DO NOT lock themselves underneath Cheyenne mountain for a turbo-charged flu. Use your fucking common sense you idiots, why would you send your kids out to "get it" when the US Army is locking themselves away?

You had a way better argument when you talked about possible (yet not probable) long term effects than when you started talking about the reasons the NORAD command would lock themselves. Reasons for that:

1) They are not kids 0-9 years old... I hope. Most probably most of them are way more than 20 years old.

2) They are surely an absolutely critical service and as such they need to keep operating without the less possible disturbances... and an uncontrolled virus spread between them would surely be a big one.

3) The whole world is in a critical state, something that could be used to take advantage by some enemy no matter if, officially, they are at DEFCON 5.

That being said, and once the argument about NORAD has been proven to be irrelevant in this case, I will come back to the kids problem: Most if not all of them will be infected anyways as soon as you reopen physical schools. Or maybe your plan is to never do that until we have a vaccine and have also studied its long term effects? Years?

Also, and while I am NOT a Pharmacist, the main reason ACE-2 binding viruses (mostly coronaviruses AFAIK) do affect lungs and heart is because that's where most of those proteins are present in the human body, and also because it would usually have the effect of an ACE "spike" due to the relative ACE/ACE-2 unbalance caused by the spread of the virus.

Another reason is because many people that do already have a weak cardiovascular/respiratory system are taking ACE inhibitors (anti-hypertension) as part of their treatment which, coincidentally, makes for a higher amount of ACE-2 proteins available to bind to -> Weaker cardiovascular/respiratory system + higher probability of infection + higher speed of reproduction once infected = BOOM!.

So you are somewhat confusing cause and effect here... even though, in practical terms, the effect would be greatly influenced by the cause.

Yeah, you are citing organs where ACE-2 proteins are most present, but once the viral load has been reduced/eliminated and only antibodies are present and no damage has been done to those organs (which basically is what being asymptomatic means) no further damage should be reasonably expected to those organs UNLESS there is a relapse of the infection.

I can't positively say that after being "cured" there is not a possibility for a relapse or for reinfection... but I am making an educated guess here that we should have probably already noticed that... more so when there have not been any single critical case of some child (0-9 without any comorbidity) dying from coronavirus yet.

[jojo69]

I doubt we are ever going back to physical schools.

[El duderino_]

Don't think Central Bank don't know what they are doing. CB know exactly what they are doing, and also how it ends. But they have no choice. Consider it your last warning signal, the canary in the coal mine. Protect yourself, buy stuff CB and governments can NOT print. #Bitcoin 

https://twitter.com/100trillionusd/status/1248267851334594561?s=21

Indeed, get rid of the fiat

[JSRAW]

[marcus_of_augustus]

You had a way better argument when you talked about possible (yet not probable) long term effects than when you started talking about the reasons the NORAD command would lock themselves. Reasons for that:

1) They are not kids 0-9 years old... I hope. Most probably most of them are way more than 20 years old.

2) They are surely an absolutely critical service and as such they need to keep operating without the less possible disturbances... and an uncontrolled virus spread between them would surely be a big one.

3) The whole world is in a critical state, something that could be used to take advantage by some enemy no matter if, officially, they are at DEFCON 5.

That being said, and once the argument about NORAD has been proven to be irrelevant in this case, I will come back to the kids problem: Most if not all of them will be infected anyways as soon as you reopen physical schools. Or maybe your plan is to never do that until we have a vaccine and have also studied its long term effects? Years?

Also, and while I am NOT a Pharmacist, the main reason ACE-2 binding viruses (mostly coronaviruses AFAIK) do affect lungs and heart is because that's where most of those proteins are present in the human body, and also because it would usually have the effect of an ACE "spike" due to the relative ACE/ACE-2 unbalance caused by the spread of the virus.

Another reason is because many people that do already have a weak cardiovascular/respiratory system are taking ACE inhibitors (anti-hypertension) as part of their treatment which, coincidentally, makes for a higher amount of ACE-2 proteins available to bind to -> Weaker cardiovascular/respiratory system + higher probability of infection + higher speed of reproduction once infected = BOOM!.

So you are somewhat confusing cause and effect here... even though, in practical terms, the effect would be greatly influenced by the cause.

Yeah, you are citing organs where ACE-2 proteins are most present, but once the viral load has been reduced/eliminated and only antibodies are present and no damage has been done to those organs (which basically is what being asymptomatic means) no further damage should be reasonably expected to those organs UNLESS there is a relapse of the infection.

I can't positively say that after being "cured" there is not a possibility for a relapse or for reinfection... but I am making an educated guess here that we should have probably already noticed that... more so when there have not been any single critical case of some child (0-9 without any comorbidity) dying from coronavirus yet.

... oh good, that all sounds so reassuring.

You go first, send your school-age kids, grandkids(?), nephews, nieces out to get the Communist Dragon Virus and report back to us how that goes? .... mmmkay thnx.

[VB1001]

I find this halvening date projection strange.  Of course the closer that we get to the halvening date, the more accurate the projection should be, and https://coin.dance/#hashrate is putting the projection right in the middle of May 11... but for some reason Bitcoin magazine believes that the halvening (and therefore such party) is going to be the 12th.

https://www.bitcoinblockhalf.com/

I suppose these online counters define a pull time per block x starting from this day to predict the halving, which varies by more or less hours each.

So let’s find out what happens together! Bitcoin Magazine is excited to announce that we will be hosting a free, 21-hour live stream leading up to and going throughout Bitcoin’s third Halving! Because nobody knows exactly when the Halving will be, you’ll need to stay up to date with us on the details: BitcoinHalving.com

In the article it says that you have to consult the page as the day approaches.

[jbreher]

3 blocks away from BCH halving!

214 blocks in the new epoch and all is well.

[bitserve]

I doubt we are ever going back to physical schools.

Really?

Also they will never come out of house? I mean... they are kids... when out it will be very hard to make them adopt proper physical distancing and all that.

[bitserve]

You had a way better argument when you talked about possible (yet not probable) long term effects than when you started talking about the reasons the NORAD command would lock themselves. Reasons for that:

1) They are not kids 0-9 years old... I hope. Most probably most of them are way more than 20 years old.

2) They are surely an absolutely critical service and as such they need to keep operating without the less possible disturbances... and an uncontrolled virus spread between them would surely be a big one.

3) The whole world is in a critical state, something that could be used to take advantage by some enemy no matter if, officially, they are at DEFCON 5.

That being said, and once the argument about NORAD has been proven to be irrelevant in this case, I will come back to the kids problem: Most if not all of them will be infected anyways as soon as you reopen physical schools. Or maybe your plan is to never do that until we have a vaccine and have also studied its long term effects? Years?

Also, and while I am NOT a Pharmacist, the main reason ACE-2 binding viruses (mostly coronaviruses AFAIK) do affect lungs and heart is because that's where most of those proteins are present in the human body, and also because it would usually have the effect of an ACE "spike" due to the relative ACE/ACE-2 unbalance caused by the spread of the virus.

Another reason is because many people that do already have a weak cardiovascular/respiratory system are taking ACE inhibitors (anti-hypertension) as part of their treatment which, coincidentally, makes for a higher amount of ACE-2 proteins available to bind to -> Weaker cardiovascular/respiratory system + higher probability of infection + higher speed of reproduction once infected = BOOM!.

So you are somewhat confusing cause and effect here... even though, in practical terms, the effect would be greatly influenced by the cause.

Yeah, you are citing organs where ACE-2 proteins are most present, but once the viral load has been reduced/eliminated and only antibodies are present and no damage has been done to those organs (which basically is what being asymptomatic means) no further damage should be reasonably expected to those organs UNLESS there is a relapse of the infection.

I can't positively say that after being "cured" there is not a possibility for a relapse or for reinfection... but I am making an educated guess here that we should have probably already noticed that... more so when there have not been any single critical case of some child (0-9 without any comorbidity) dying from coronavirus yet.

... oh good, that all sounds so reassuring.

You go first, send your school-age kids, grandkids(?), nephews, nieces out to get the Communist Dragon Virus and report back to us how that goes? .... mmmkay thnx.

Ok.. What's the alternative? I guess you don't plan to send them to school or letting them go out because they will MOST PROBABLY get infected anyways. What's your plan then?

[jbreher]

USD is basically a stock share of USA,

Umm... no. Stocks don't get diluted on a whim without a vote affirming the idea from the shareholders.

These currencies get their power from their manufacturing power. They are backed by real companies and work power.

Umm... no again. With the USA as a normative example, the companies domiciled therein are not organs of the government, which in turn is (kinda*) the entity that controls the currency.

*Actually, the fed is a private corporation but it is pretty well bound up in the government.

[nutildah]

3 blocks away from BCH halving!

214 blocks in the new epoch and all is well.

"All is well." LIAR!

Your coin has literally shit the bed in the last 2 days.

Its hash rate just plummeted 45%, to a low not seen since August 2019.

https://bitinfocharts.com/comparison/bitcoin%20cash-hashrate.html#1y

The last time it was consistently at this level was over a year ago.

I would say with a 10.5% loss in the last 24 hours, its the worst performing coin in the top 10, but that distinction actually belongs to Bitcoin SV, down 12.5%.

If you're not going to be the slightest bit honest about the state of things, you deserve to be utterly ridiculed.

Go shill your trash elsewhere, preferably with the sad bagholders in this thread:

Of course, next week you may be looking back thinking 'I should have bought when it was below $300'. Don't be that guy.

[marcus_of_augustus]

... oh good, that all sounds so reassuring.

You go first, send your school-age kids, grandkids(?), nephews, nieces out to get the Communist Dragon Virus and report back to us how that goes? .... mmmkay thnx.

Ok.. What's the alternative? I guess you don't plan to send them to school or letting them go out because they will MOST PROBABLY get infected anyways. What's your plan then?

... I don't think anyone really has a plan for a bioweapons leak (attack?). Except for perhaps the folks at NORAD who are paid to think about such things. They bolted themselves inside Cheyenne mountain, including families and anyone else they considered was necessary, apparently it was over-subscribed, if you know what I mean.

... the rest of us are on our own, it's unchartered territory. I don't think most people are getting this is never going back to the way it was, that's a pipe dream, it's an epoch-ending event.

I'm hopeful where I'm at the local gubmint idiots will shut the borders hard enough to anyone and require a good 30-40 day quarantine before entry ... then stamp out the remaining disease. That's the plan, don't get it, don't spread it.

[bitebits]

Fine read by the CEO of Bitmex Arthur Hayes:
https://blog.bitmex.com/choose-your-fiction/

I will take my inflation adjusted pocket rockets (gold and bitcoin), and call your Bretton Woods seven two off suit. All in, mother fuckers.

[bitebits]

3 blocks away from BCH halving!

214 blocks in the new epoch and all is well.

And no hash rate left. What will be the next narrative, bcash is environmental friendly?

Using it for small payments, fine. Storing value? Hell no.

[Cryptotourist]

~ waiting for the CCP apologist trolls to spam WO in 3-2-1

I'm not Chinese - but you can think that I am - if it makes you feel better.

I see you're back to government shilling r0achie marcus.
How about you stop pointing fingers, stop dooming and looming, and then just maybe will not have a physical WWIII?

What's your plan then?

He doesn't care about what happens to schools. The guidelines of his agenda are clear. FUD and war.

[Cryptotourist]

3 blocks away from BCH halving!

214 blocks in the new epoch and all is well.

I hope you realize how funny that is, right?
Almost shit myself.

[marcus_of_augustus]

... looks like the Swedish experiment in "herd immunity" is working out as well as could be expected. Socialists really are the dumbest fucks.

https://wuflu.live/sweden/

Bodies on ice in Stockhom ice-rink

[BitcoinGirl.Club]

Good morning WO!
Observing under $7k.
I hope all of us safe here?