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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371921 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Searing
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April 12, 2020, 11:32:34 PM

Hyperinflation is gonna compensate for this Pandemic pump of Trillions in the world economy someday...thus why I HODL BTC/Crypto.

But what happens if you print money BUT everyone no longer buys at the 70 consumer purchasing of the USA economy that was in the past?

I 'assume' people will be less likely to run out and toss $$$ around this next year after this economic/pandemic scare? ie no more 70% of economy consumer consumption

more like 45% as people get their economic house in order after all this (or just go bankrupt or unemployed)

so what does this all mean?

business as usual back to 2018 all is well traditional markets?

deflation

hyperinflation
-
so I'm befuddled...and not ashamed to admit it ..enlighten me, folks!
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bkbirge
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April 12, 2020, 11:32:37 PM

Still buyin'.
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April 12, 2020, 11:46:56 PM
Last edit: April 13, 2020, 12:27:51 AM by jojo69

So that Epoch times piece, stating the obvious, is still up on Youtube.

This is a shift.

I am watching for the Western MSM narrative to sour on China in the next weeks, then we will know it is on.

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April 13, 2020, 12:25:38 AM

weekly wrap at the wall

Bitcoin goes up, bitcoin goes down. Honey Badger don't give a f*ck.
1h


Support/resistance/support...oh my.
4h



Closing below weekly support is kinda a big deal...but we will see I guess.  #dyor
W

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April 13, 2020, 12:32:38 AM

Yuck...
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April 13, 2020, 12:34:54 AM

oh boy another red dildo.
Please make it stop.
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April 13, 2020, 12:36:54 AM

So that Epoch times piece, stating the obvious, is still up on Youtube.

This is a shift.


... confirmed, I noticed that too. Many of the interviewees in the piece look like CIA friendly assets or informants ... Georgetown, etc, so I think it's limited hangout by them of their intel to stop the " Was it made in US?" blowback starting. China needs to let the truth about the disease come out so doctors and researchers can have a chance fighting it, they are punching at shadows ...

The Communist Dragon SARS-HIV-TB chimera has got some secrets to reveal yet I suspect.
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April 13, 2020, 12:43:10 AM

in these sad times when all hope seems lost ...

https://www.youtube.com/watch?v=huTUOek4LgU

Bocelli sings live to empty Duomo globally, poignant moment in history.
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April 13, 2020, 12:49:09 AM
Last edit: April 13, 2020, 01:28:23 AM by JayJuanGee



Anyway..as I completed my order and rushed out the door there was a young lady standing by the entrance frantically speaking into a cell phone. As I approached her and was swinging wide to keep an appropriate social distance I could not but help over hear her shrill cries of dismay as she tried futilely to explain that the store was not longer accepting cash..and that she had no other means of paying for her cart. This was at one of the largest grocery retailers in the state..not some mom and pop corner store.

Now..while I am ever one to help a damsel in distress..the sight of copious amounts of fluid dripping from her nose and a dry hacking cough between her interjections on the phone caused me to pause and decide that discretion is the better part of valor. I carefully sidestepped and beat a hasty retreat back to the safety of the war room.  

...........

Please discuss.

Very disappointing story.    Cry Cry Cry  I was hoping for a kind of happier ending or a real compelling dilemma. momentarily, living vicariously through toxic....  #nohomo
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April 13, 2020, 01:03:38 AM

Many of the interviewees in the piece look like CIA friendly assets or informants ...

right?

glad it's not just me

drums, drums in the deep
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April 13, 2020, 01:09:17 AM

I think that considering that btc might be completely resistant to current happenings is the same as to be indulged in "magical thinking".
Could bitcoin emerge victorious eventually? Of course and maybe as soon as the YE.
One thing that I don't really like right now is the fact that we are not gaining against alts.
I was expecting the gain and it is not happening.

In the mean time, could btc be affected by the economic negativity? Yes as well.
For example, this says that we are approaching current halving at a much lower RSI than the last two:
https://twitter.com/100trillionUSD/status/1249309338822418433

Does it mean that we go up more after halving? Not really, however, it also does not predict that we go down.
What it says is that we are in a different situation than before.

Exactly....

I agree with all of your points, Biodom...

1) alts kind of hanging on with a kind of symmetry to bitcoin .. .but what the fuck can we do about that?  the situation with alts and the various dumbfucks buying or promoting that crap "is what it is".

2) For a while we were above the price that is highlighted in the stock to flow model and now we are below the price that is highlighted in the stock to flow model.... and that dynamic might be a BIG, "SO WHAT?" as you seem to suggest, Biodom.  Nonetheless the fluctuation of the current BTC price below the price that is highlighted in the stock to flow model could prompt at least the two below questions:

        a) is the stock to flow model broken, or will the stock to flow model become broken based on current or future BTC price performance.....? very far from evidence of anything like that actually happening even though there are likely a lot of bitcoin naysayers, nocoiners, or otherwise delusional peeps who would prefer the stock to flow model to break

        b) might the stock to flow model need to be adjusted, or even to change the trajectory of the model based on current or future BTC price performance?  largely the same answer as a).. and maybe b) is a bit easier to achieve than a)... (I am not conceding that b) will happen or is even likely to happen... but maybe just asserting a kind of: "we will see... we will see"... )
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April 13, 2020, 01:22:49 AM

meh

fake dump is fake
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April 13, 2020, 01:42:43 AM


1) alts kind of hanging on with a kind of symmetry to bitcoin .. .but what the fuck can we do about that?  the situation with alts and the various dumbfucks buying or promoting that crap "is what it is".

Alts are the "lungs" of bitcoin.
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April 13, 2020, 01:57:14 AM
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1) alts kind of hanging on with a kind of symmetry to bitcoin .. .but what the fuck can we do about that?  the situation with alts and the various dumbfucks buying or promoting that crap "is what it is".

Alts are the "lungs" of bitcoin.

You must be smoking something that is fucking up your lungs, and you likely are losing some oxygens to your brainie -

In other words, you have been in bitcoin for quite a decent amount time, yet you remain distracted in such a way that you still do not seem to appreciate that tail does not wag dee lil doggie.  Wagging of tail continues to be the other way around (meaning that the doggie does it)... despite your wishful-thinking.  duh?
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April 13, 2020, 02:05:35 AM


Alts are the "lungs" of bitcoin.

fucks sake

I can't even
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April 13, 2020, 02:31:12 AM


Alts are the "lungs" of bitcoin.

You must be smoking something...

It's just an observable fact.

Bitcoin dominance is on a one-way ticket to depletion, but at the same time its marketcap has been rising - all in tandem with the growth of the alt sector which has pulled in way more capital on aggregate than would ever have turned up without it.

Bitcoin and the alt sector have a complimentary relationship. They are not in conflict, contrary to some of the deluded views expressed in here which remain stuck in a 2013 mindset.

We're now on the verge of another intake of breath where dominance will dip back down as a bull BTC market takes hold.

Get used to it Wink

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April 13, 2020, 02:53:45 AM

Alts are the "lungs" of bitcoin.

You must be smoking something...

It's just an observable fact.


It is a made up bullshit talking point of altcoin pumpeners like yourself, so why don't you take your bullshit somewhere else?

Bitcoin dominance is on a one-way ticket to depletion,

Who gives any shits?  bitcoin is the only one out there that is neither a scam, including having sound money attributes in which no other coin is even close.. so who gives any shits if they get pumped and thousands of them get made.. especially when they are merely smoke and mirror imitation bullshit.. with hardly any product except perhaps some of them to pump other scams.


but at the same time its marketcap has been rising - all in tandem with the growth of the alt sector which has pulled in way more capital on aggregate than would ever have turned up without it.

So what?  Yeah, they can be a kind of interesting way to get stupid money to come into crypto and then realize that snake-oils are just bullshit...


you need to pump your bullshit talking points here?  Why don't you go to some shit coin thread and pump your belly gazing nonsense.


Bitcoin and the alt sector have a complimentary relationship.

as long as you realize that bitcoin is king daddy then maybe there could be some benefits that bitcoin has in terms of the camouflage that all that shitcoin nonsense provides...


They are not in conflict, contrary to some of the deluded views expressed in here which remain stuck in a 2013 mindset.

Oh.. how sweet?  You want to be friends.  There are other threads for those kinds of talking-up altcoins discussions.

We're now on the verge of another intake of breath where dominance will dip back down as a bull BTC market takes hold.


Who cares about your cycle predictions or whether there might be another altcoin season or some other scam such as stable coins might take up some of the space.  It is not that relevant for you to be distracting here with the baloney.

Get used to it Wink

I already am used to shitcoins, you dumb ass.  Does not mean that we need to pump them in this thread or to applaud some kind of lovey dovey relationship.




Great... you can make-up whatever squiggles of a fantasy that you want to make, it does not make it either relevant in this thread or even worth discussing, here, except that you want to pump some nonsense shitcoin talk.. and try to bring credibility the various pump and dump smoke and mirror scams that are trying to imitate bitcoin but somehow presenting themselves as if they were some vital piece.

Yeah, the shitcoins are going to be in a whole hell-of-a lot more trouble without bitcoin, rather than the other way around.  On the other hand, I am not even denying the presence of shitcoins.  I acknowledged them as a presence that is out there and the world of "is" requires acknowledge of them, but instead you want to elevate the world of "is" into some kind of mutual dependence.. which just shows that you are pumping foggy thinking... which is more likely to confuse people into believing that shitcoins have some kind of value, which is not part of what we discuss here.   We tend to either just recognize the existence of shitcoins here, or we bash them.  If you want elevate their stature (which is what you are doing) then get the fuck out of here with that nonsense.  Be gone.
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April 13, 2020, 03:03:38 AM
Merited by vapourminer (1), JimboToronto (1), xhomerx10 (1), bitebits (1), Last of the V8s (1)

Very disappointing story.    Cry Cry Cry  I was hoping for a kind of happier ending or a real compelling dilemma. momentarily, living vicariously through toxic....  #nohomo


So are you saying I am lying? Or is that the story in and of itself is uncompelling? I found it poignant and slightly frightening myself.

My fear is many do not realise we are in the fight of our lives this very minute. What if it was decided tomorrow that cash is a transmission vector for the virus and was banned? While undoubtedly beneficial for bitcoin in the near term I am uncertain about long term repercussions.

Right now every government on the planet is scrambling to figure how to impose more stringent tracking protocols in the name of 'safety' for the public good...and sheeple will walk right towards it eyes wide open saying save me..save me.

I am not saying any here are sheeple..mostly..but you have to admit they seem to have us out numbered.

I dont know about you..but there are certain trappings of civilisation that I enjoy very much. I am not sure I am ready to just give them up quite yet unless absolutely necessary. 

Anyways...back to story telling as it were.

Well here you go good citizen, here is a free brand new iphone 20 with all the latest in telemetry, gps and why..even a thermal camera. We are giving these to every citizen so we can fight the war on this pandemic. We also have pre-installed the new gubbermint wallet for you AND deposited your first UBI check. Dont mind the fact we have backdoored all of it and will monitor you and everything around you 24/7   

Its blockchain baby(with centralised servers) and completely secure...not to worry. Your data is safe with the Fed!  We are doing this for everyones safety. Be a good citizen and do your part!

Hows that scenario grab you jjg?

Btw I think it unlikely that such a event would happen but you never know...especially right now.

I guess what I am trying to say is entropy is high at the moment and most, if not all models are broken in the long term. Anyone trying to predict anything more than a few weeks out right now is delusional imho.

Despite this fact..what you say...what you do right now is important. Maybe more so than any time in your life. Think about what you want the future to be...and make it happen...thats my story.
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April 13, 2020, 03:15:11 AM

^^^ it's a huge worry.

How have the gubmints been sooo slow to actually do anything to stop the virus but incredibly fast and efficient to roll out surveillance measures (supposedly to stop the virus)??
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April 13, 2020, 03:22:06 AM

Very disappointing story.    Cry Cry Cry  I was hoping for a kind of happier ending or a real compelling dilemma. momentarily, living vicariously through toxic....  #nohomo


So are you saying I am lying? Or is that the story in and of itself is uncompelling? I found it poignant and slightly frightening myself.


I found that it had a good beginning and a pretty decent set-up for a quite interesting story, but then turned into a kind of story that was NOT able to grab my attention.


My fear is many do not realise we are in the fight of our lives this very minute. What if it was decided tomorrow that cash is a transmission vector for the virus and was banned? While undoubtedly beneficial for bitcoin in the near term I am uncertain about long term repercussions.

My fear is that the beginning of the story included an obvious dame in distress, and a lot of potential for provocative dilemma that petered out into nerdom.



Right now every government on the planet is scrambling to figure how to impose more stringent tracking protocols in the name of 'safety' for the public good...and sheeple will walk right towards it eyes wide open saying save me..save me.

My interest is that human relationships fell out of the story, and what is going to come from those kinds of inabilities to connect.



I am not saying any here are sheeple..mostly..but you have to admit they seem to have us out numbered.

It is not going to do us any good, if we cannot go have one slurpie with two straws - one coming out of each end of the slurpy.


I dont know about you..but there are certain trappings of civilisation that I enjoy very much. I am not sure I am ready to just give them up quite yet unless absolutely necessary. 

Exactly!!!!

Anyways...back to story telling as it were.

Well here you go good citizen, here is a free brand new iphone 20 with all the latest in telemetry, gps and why..even a thermal camera. We are giving these to every citizen so we can fight the war on this pandemic. We also have pre-installed the new gubbermint wallet for you AND deposited your first UBI check. Dont mind the fact we have backdoored all of it and will monitor you and everything around you 24/7   

We don't want any of that.  No one wants to be monitored.


Its blockchain baby(with centralised servers) and completely secure...not to worry.

I was thinking more about real babies, or just being able to practice.

Your data is safe with the Fed!  We are doing this for everyones safety. Be a good citizen and do your part!

Sure, we all do our part.  I supposed. Kind of tough with various kinds of controls, and even the dominance of a virus including lack of testing and a lot of other fears that are keeping us apart.



Hows that scenario grab you jjg?

It grabs me as sad.  There used to be a girl and boy in the story, and all that the story evolved into is 1984, or some similar variant.


Btw I think it unlikely that such a event would happen but you never know...especially right now.

seems like anything can happen, right now.

I guess what I am trying to say is entropy is high at the moment and most, if not all models are broken in the long term. Anyone trying to predict anything more than a few weeks out right now is delusional imho.

Yes.  We have not gotten over the curve, so there remains a lot of uncertainties.

Despite this fact..what you say...what you do right now is important. Maybe more so than any time in your life. Think about what you want the future to be...and make it happen...thats my story.

Well, your story is much more serious than my wanting to hear a boy and girl story.

And, yeah, those items are important, but I am not really in the mood for politics or trying to engage in any kind of serious activism. It's not like you can do a lot during a state of an emergency, until the emergency starts to subside.  So, I was just hoping for a more basic scenario, but you are wanting to solve world problems or at least attempt to battle, which is not where I am at, currently.
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