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

[Wekkel]

26 April for the next small up wave. There, I called it 

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[Toxic2040]

Shall we talk about....bitcoin?  

The Corona crawl continues...

Bitcoin still seems to working...not much other than that to report today. The consolidation between $6.95k and $6.75k is showing us some resiliency as legacy markets continue to take a beating.
1h  


I think we will see some acceleration in movement as we get closer to the end of the week. Orca in the waters brings change.
4h


Looks to be a little bit of a spinning top forming, usually a indicator signaling traders are unsure which way the market wants to go. #dyor
D

#stronghands

[Ibian]

And yet not one of you have a single counterargument.

I wish you would. If I am so obviously wrong, then it should be simple to prove why.

Take but two minutes out of your day to pen all of my wrongs.

You have an argument to try and convince someone towards your point of view. Your not going to change your views..we all know it...so why bother?

You tried. You failed. Feel free to try again. I hold nothing against you.

[LFC_Bitcoin]

@Bitcoin
JUST IN: US Senate passes stimulus bill equivalent of 69,660,723 bitcoin
https://twitter.com/bitcoin/status/1252710445053607944?s=21

$480,000,000,000

[vapourminer]

@Bitcoin
JUST IN: US Senate passes stimulus bill equivalent of 69,660,723 bitcoin
https://twitter.com/bitcoin/status/1252710445053607944?s=21

$480,000,000,000

billions? pffft

only multi trillion numbers count today.

[Indymoney]

Right now on 6969$ feeling good about this hopefully again touch 7000$ in next few hours.

[lightfoot]

Meantime it looks like the quack treatments our Trump is proposing don't... work...

https://www.medrxiv.org/content/10.1101/2020.04.10.20060699v1
No evidence of clinical efficacy of hydroxychloroquine in patients hospitalized for COVID-19 infection with oxygen requirement: results of a study using routinely collected data to emulate a target trial

https://www.medrxiv.org/content/10.1101/2020.04.16.20065920v1.full.pdf

In fact it seems to kill more veterans. Ah well.....

[jojo69]

I'm shocked

[Raja_MBZ]

I'm shocked

I'm shocked that you're shocked.

[Elwar]

Meantime it looks like the quack treatments our Trump is proposing don't... work...

https://www.medrxiv.org/content/10.1101/2020.04.10.20060699v1
No evidence of clinical efficacy of hydroxychloroquine in patients hospitalized for COVID-19 infection with oxygen requirement: results of a study using routinely collected data to emulate a target trial

Great study of a very large study of 3 people out of 84 dying while on HCQ alone.

Completely dispels the doctor who has treated 700 patients with a cocktail of Hydroxychloroquine, Zinc Sulfate and Azithromycin at 100% success rate.


Of course, Trump only mentioned HCQ so it is of utmost important to find the one instance where they only used HCQ...because that's what Trump said and this whole lockdown is about proving Trump wrong.

[bitserve]

I still don't understand what's the point of giving HCQ to patients that have already developed symptoms pneumonia (probably after a cytokine storm). *IF* HCQ would be beneficial it would be at the early stage of infection. What are they trying to prove with that study? Do they think HCQ could be a magical pill that would undo all the harm already done?

What's next, a study giving HCQ to people already in the morgue?

[lightfoot]

I still don't understand what's the point of giving HCQ to patients that have already developed symptoms pneumonia (probably after a cytokine storm). *IF* HCQ would be beneficial it would be at the early stage of infection. What are they trying to prove with that study? Do they think HCQ could be a magical pill that would undo all the harm already done?

What's next, a study giving HCQ to people already in the morgue?

It's a study and data, which usually trumps anecdote and bullshit. Note, I really get annoyed at quack cures and the like. There probably are real possibilities to deal with this shit, but just grasping at straws to "show you're doing something" is not very good thing to do.

Then again people have like a 30 second memory.

Link to the 700 person study?

[Bitcoinaire]

Meantime it looks like the quack treatments our Trump is proposing don't... work...

https://www.medrxiv.org/content/10.1101/2020.04.10.20060699v1
No evidence of clinical efficacy of hydroxychloroquine in patients hospitalized for COVID-19 infection with oxygen requirement: results of a study using routinely collected data to emulate a target trial

Great study of a very large study of 3 people out of 84 dying while on HCQ alone.

Completely dispels the doctor who has treated 700 patients with a cocktail of Hydroxychloroquine, Zinc Sulfate and Azithromycin at 100% success rate.


Of course, Trump only mentioned HCQ so it is of utmost important to find the one instance where they only used HCQ...because that's what Trump said and this whole lockdown is about proving Trump wrong.

That "study" admitted it was giving Hydroxychloroquine to 59 to 75 year old patients with severe disease including Congestive heart failure, Chronic pulmonary disease, diabetes, liver disease, cancer, HIV/AIDS.

Could not discount other factors in deaths

https://nationalfile.com/busted-media-uses-va-study-to-launch-easily-debunked-attack-on-hydroxychloroquine/

[Hueristic]

That "study" admitted it was giving Hydroxychloroquine to 59 to 75 year old patients with severe disease including Congestive heart failure, Chronic pulmonary disease, diabetes, liver disease, cancer, HIV/AIDS.

Could not discount other factors in deaths

https://nationalfile.com/busted-media-uses-va-study-to-launch-easily-debunked-attack-on-hydroxychloroquine/

https://mediabiasfactcheck.com/national-file/

National File is a conspiracy and pseudoscience website

[infofront]

The proof is in the pudding though. That study was small and terrible, for various reasons. There are plenty of small scale, informal, unpublished studies showing the effectiveness of hydroxychloroquine.

Here's one of many: https://www.wfaa.com/article/news/health/coronavirus/texas-elderly-hydroxychloroquine-coronavirus-treatment-texas-city/287-7383185c-940c-4cb2-82ea-c4a5ffad3ffb

BTW I find it amazing that Trump Derangement Syndrome has spread to medicine.

[Hueristic]

The proof is in the pudding though. That study was small and terrible, for various reasons. There are plenty of small scale, informal, unpublished studies showing the effectiveness of hydroxychloroquine.

Here's one of many: https://www.wfaa.com/article/news/health/coronavirus/texas-elderly-hydroxychloroquine-coronavirus-treatment-texas-city/287-7383185c-940c-4cb2-82ea-c4a5ffad3ffb

BTW I find it amazing that Trump Derangement Syndrome has spread to medicine.

https://thehill.com/opinion/healthcare/491665-if-only-hydroxychloroquine-could-cure-trump-derangement-syndrome

[lightfoot]

That "study" admitted it was giving Hydroxychloroquine to 59 to 75 year old patients with severe disease including Congestive heart failure, Chronic pulmonary disease, diabetes, liver disease, cancer, HIV/AIDS.

These are the people who have COVID19.

Could not discount other factors in deaths

Other factors? You have two groups of people. Give one water, give other drug. See what happens. When twice as many die after drug than water something is odd.

https://nationalfile.com/busted-media-uses-va-study-to-launch-easily-debunked-attack-on-hydroxychloroquine/

Hm. What is the CV of the author of this rebuttal?

Patrick Howley is an investigative journalist covering national politics. He was instrumental in breaking the NXIVM sex cult, Paul Pelosi Jr.'s work with a company that did business in Ukraine, and the crimes of Jeffrey Epstein. Patrick previously reported for Breitbart, The Daily Caller, and was Editor-in-Chief for Big League Politics.

Hm.



Basic truth here is that these things don't seem to give a flying fuck about politics or subjective reality. When things aren't working you try something else.

[bitebits]

https://blog.coinbase.com/flight-to-stablecoins-in-2020-dff5f11118d6

$9 billion in stable coins and counting. What can you buy with those? Bitcoins and shitcoins, so a clear indicator of just how much money is sitting on the sideline waiting to buy back in again. You would expect people to learn but it will one day be 2017 all over again.

USD Tether has 20x more active addresses than any other stable coin. It is however clear Coinbase, Gemini etc are trying hard to get a larger piece of the pie.

Some interesting quotes from the article:

- In March, stablecoins have altogether reached ~40% of relative daily value transferred compared to Bitcoin and Ethereum

- Ethereum’s native value transferred has dropped significantly compared to Bitcoin. Many stablecoins however  currently operate on Ethereum’s blockchain.

- stablecoins can be programmatically borrowed, lent, and used as collateral.
(this is big, you get way more interest than having those dollars in a bank account)

- stablecoins’ established use-cases: as a hedge against cryptocurrency volatility and as a bridge between exchanges.

[LFC_Bitcoin]

https://blog.coinbase.com/flight-to-stablecoins-in-2020-dff5f11118d6

$9 billion in stable coins and counting. What can you buy with those? Bitcoins and shitcoins, so a clear indicator of just how much money is sitting on the sideline waiting to buy back in again. You would expect people to learn but it will one day be 2017 all over again.

USD Tether has 20x more active addresses than any other stable coin. It is however clear Coinbase, Gemini etc are trying hard to get a larger piece of the pie.

Some interesting quotes from the article:

- In March, stablecoins have altogether reached ~40% of relative daily value transferred compared to Bitcoin and Ethereum

- Ethereum’s native value transferred has dropped significantly compared to Bitcoin. Many stablecoins however  currently operate on Ethereum’s blockchain.

- stablecoins can be programmatically borrowed, lent, and used as collateral.
(this is big, you get way more interest than having those dollars in a bank account)

- stablecoins’ established use-cases: as a hedge against cryptocurrency volatility and as a bridge between exchanges.

+2 WO Merit’s

Currently out atm!

[VB1001]

NFL Star Russell Okung Backs Bitcoin Rewards Startup

Okung told Forbes he believes
“finding more ways to EARN bitcoin is just as important as getting more people interested in simply buying bitcoin.”

https://cointelegraph.com/news/nfl-star-russell-okung-backs-bitcoin-rewards-startup