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

[Globb0]

Yeah but I bet you could float it out to sea

[Toxic2040]

Looks great. Getting things imported is a...process. If I ordered that I'm not sure when I would ever get it. And how much I would pay in shipping.

Slightly less than an arm and leg I would bet or at least as much as the unit costs. Shipping via container might be a option. Either way...not cost effective I would think..but certainly useful.

[Biodom]

An interesting read:

https://www.bloomberg.com/news/articles/2020-04-25/the-20-minutes-that-broke-the-u-s-oil-market

Now, the question is what does it mean in relation to gold and bitcoin futures?
Maybe nothing, but I suspect that it means that the spot price of a commodity vs futures could drastically change in a very short time.
I don't have a crystal ball, but it could go either way (down or UP).
Perhaps, it might affect gold more since there is a possibility of a physical gold delivery and CME btc futures settle in cash, not btc.

[Ibian]

US debt must increase ... and in accelerating quantities. Otherwise, the current (debt) system will go ‘poof’ 

So it is common for the next president to spend as much as all preceding presidents 

The problem is that the doubling time decreases each time. It is becoming obvious that there is an end point. Infinite debt does not exist. At some point, the populace will figure this out.

The Perfect Storm. They will print like never before.

Bitcoin was made for this.

Just don't advertise your coins too loudly when the time comes.

[Ibian]

Just went to the bulk food store and bought about $1k worth of food (mainly meat) and vitamins.

They were out of freezers otherwise I would have bought one (and more meat).

Things like this are why I did bitcoin. Not to buy a lambo.

One downside to my current status that I have noted is the lack of freezer space. A good deep freezer doesn't use much power and should be able to run on the solar/battery arrays. I'll keep that in mind and get one later when things are more normal, live and learn.

Why are you people hoarding food?
At lest where I live there is no shortage of anything except hand sanitizer and masks, and that is getting back in stock slowly as well.
I go shopping every third day, because that's when its time to buy more milk, I usually shop right before closing to avoid crowds, but I have done some daytime shopping too and it wasn't so bad, people were distancing.

Here in Panama we are locked down very tight. It has progressively gotten more strict. At the moment, men can only go out on Tuesday and Thursday for 2 hours each day. Women on Monday, Wednesday, Friday. Saturday is full lockdown. It didn't start like this.

I live about an hour from the closest grocery store. The last time (a few weeks ago) I went into town the lines outside the main grocery stores were very long (with people all bunched up next to each other) so I went to the smaller shops that sell meat. The meat in Panama is not very good, very tough (I tried dry aging but that did not go well my first try). The beef was gone at that store, half of the food on the shelves was gone.

So I took the 2.5 hour drive to Panama City where they have one of those "Costco" types of stores while I have a special piece of paper that allows me to go into the city. I waited in line outside the store with all of the other men for about an hour (I barely made it into the store within my time window with the guy at the door telling me I have to be out in 20 minutes to be within my time slot).

Most of the food in that store likely comes from the US. Panama is not a farming country. I found out the reason it is not a farming country is due to the inability for farmers to be able to protect their farms from scavengers stealing their food (the locals are mostly thieves of opportunity).

I do not see this lockdown being lifted until at least June. I don't know how much more strict they will get. That may have been the last time I was able to go to the city to buy food until this is over. And at that point...will the supply lines still be there? I'm sure if food is scarce in the US they will not want to export.

Sure, I can survive...I live on the ocean and can fish (illegally but they aren't cracking down), I have fruit trees, we grow veggies, etc.

But we're still building our seastead factory in spite of only being allowed out of our homes for 4 hours a week.

We stay out of our homes so that you can have the option of a future away from tyranny.

That's irrational, arbitrary, counterproductive, and oppressive I would say.  TPTB are seizing an opportunity to impose martial law type powers blindly.
It's not so bad here in Istanbul as it is in Panama.  Stores of many kinds still open on weekdays and we can move around the city.  Public transportation is running.  No intercity travel.  Weekends in Istanbul are effectively total lockdown.  Nobody allowed to leave their houses except to walk to a nearby pharmacy or bakery if necessary.  Nothing else open.  Also, 65 and over can't go out at all, ever.  That's real cruelty.
Following China's example, governments around the world get comfortable squeezing society like a toothpaste tube.  Sheep don't make a peep.

It's surreal. Almost literally nothing has changed in Denmark. Public gatherings above ten are banned but that barely means anything in this culture, the streets were nice and empty for a short while and now they are full again. The only real change is that things like hair dressers are still closed but that's ending soon too.

Curfews just ensure that everyone will be out at the same time. It has to be done on purpose. Pretending to do something without actually fixing the problem while creating new ones.

[Raja_MBZ]

Bitstamp under maintenance. Funds safu?

STATUS: Our website is currently unavailable as we are experiencing some issues. Trading has been halted. We are investigating the issue and will keep you updated.

[Toxic2040]

Bitstamp under maintenance. Funds safu?

STATUS: Our website is currently unavailable as we are experiencing some issues. Trading has been halted. We are investigating the issue and will keep you updated.

[JL0]

Bitstamp under maintenance. Funds safu?

STATUS: Our website is currently unavailable as we are experiencing some issues. Trading has been halted. We are investigating the issue and will keep you updated.

[Raja_MBZ]

~snip~

I must admit, those are some nice graphics editing skills.

[Hueristic]

Can't trust the fucking corrupt CME Group.

Hamm thinks Chicago Mercantile Exchange contributed to negative oil prices

http://www.okenergytoday.com/2020/04/hamm-thinks-chicago-mercantile-exchange-contributed-to-negative-oil-prices/

[Biodom]

Can't trust the fucking corrupt CME Group.

Hamm thinks Chicago Mercantile Exchange contributed to negative oil prices

http://www.okenergytoday.com/2020/04/hamm-thinks-chicago-mercantile-exchange-contributed-to-negative-oil-prices/

That may be so, but CME group already replied that nobody prevented that fella to buy at that silly price and, therefore, pocketing lots of money next day when it was positive (closed at above $9).
He just didn't like the price moving in the opposite direction to his wishes.
We live in the interesting times.

[Hueristic]

Can't trust the fucking corrupt CME Group.

Hamm thinks Chicago Mercantile Exchange contributed to negative oil prices

http://www.okenergytoday.com/2020/04/hamm-thinks-chicago-mercantile-exchange-contributed-to-negative-oil-prices/

That may be so, but CME group already replied that nobody prevented that fella to buy at that silly price and, therefore, pocketing lots of money next day when it was positive (closed at above $9).
He just didn't like the price moving in the opposite direction to his wishes.
We live in the interesting times.

I'm not going to be surprised when we find out they have been manipulating that market all along.

[lightfoot]

-snipped-

Here in Panama we are locked down very tight.

I live about an hour from the closest grocery store.

The beef was gone at that store, half of the food on the shelves was gone.

DC powered freezer..can run off a car battery and a decent solar panel.  ymmv.
https://sundanzer.com/product/dcr225-dcf225/

Looks great. Getting things imported is a...process. If I ordered that I'm not sure when I would ever get it. And how much I would pay in shipping.

Expensive little bugger, but something that can run off my 24 volt shed bus is quite interesting. I'll check into it, thanks!

C

[Ibian]

That's just pathetic vapour. For the record, the following post was deleted from his self-moderated IQ thread.

WELL...

https://worldpopulationreview.com/countries/average-iq-by-country/

Maybe below 70.

All those african countries having average IQs in the sub-80 range really scares me. I wonder how they ended up like that.

Also I think I found the reason why most of our stuff is made in China.

They started like that. It's our ancestors that left the asshole of the world tens of thousands of years ago that evolved bigger and better brains.

All due to environmental pressure too. In africa it's hot year round, there is always food and always lions to run away from. It gives them a very rabbity mindset.

Up north, in the frozen wastes where Vulgaris Magistralix roams, we have winters. Gotta stockpile firewood and food and a higher degree of cooperation in general is required to survive. Hence we developed higher IQ and higher social trust.

It's all biology. Nobody is at fault. But it is a fact that there are different human races, and that they are very different.

[fillippone]

I think this is a good thing?


https://www.reddit.com/r/WasabiWallet/comments/g6uf1j/whats_up_with_wasabi/


Wasabi being so successful not being able to sustain the requested number of coinjoins ?

[lightfoot]

I'm not going to be surprised when we find out they have been manipulating that market all along.

Ummm. Yeah. This has been going on for quite awhile.

[Last of the V8s]

Oh Stamp's the WO exchange of record  they said

No but seriously, what happened at 15:45 UTC ? Darth Maul candle on the exchanges.

[sirazimuth]

So a couple of buddies of mine just paid me some physical fiat cash for some things.
Then I just realized there's no way to scan it on a device and deposit. Phuk!
So WTF do I do with cash?
You mean I actually gotta go out and physically hand it to someone to spend or deposit it??
Well that sux....

[El duderino_]

Wow crazy night

Crawling into

HODLsleep

Stay safe keep HODLing brothers of the WO

[JimboToronto]

So a couple of buddies of mine just paid me some physical fiat cash for some things.
Then I just realized there's no way to scan it on a device and deposit. Phuk!
So WTF do I do with cash?
You mean I actually gotta go out a physically hand it to someone to spend or deposit it??
Well that sux....

Deposit? Do you mean like a bank?

A device? You mean an electronic device like a cellphone or computer?

That's pretty risky crap. You're safer keeping your money offline in paper Bitcoin wallets or in fiat cash in your pocket where it can't be stolen from you by a hacker, banker, lawyer or government agency.

You get the added advantage of actually getting out and socially interacting with a real human. You never know when actually knowing someone might come in handy. Sorry, website "friends" don't count.