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

[Indymoney]

If you own 10 bitcoin you are literally a billionaire.

Few understand this.

https://twitter.com/pierre_rochard/status/1254553080319877120

In sats, yeah

But seems like a beautiful illusion atm, unless BTC turns into world reserve currency, may be in next 70-100 years.. who knows?

Bitcoin is not a currency, it is an assettttttttttt

Bitcoin: A Peer-to-Peer Electronic Cash System

Bitcoin is a different thing to different people and that's ok.

This is best reply for this all because now we have no time for this all what is this 

[1714795778]

1714795778

[1714795778]

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[1714795778]

1714795778

[LUCKMCFLY]

A good Bullish stage.

The 50-day moving average (saffroned) identified a bullish reversal scenario for the first time since January 2020 as its curve crawled to the sideways after weeks of downward momentum. The bounce-back phenomenon tailed bitcoin’s price rally above $7,800, representing a 100 percent recovery on the bottom logged on March 13.

I´m hopeful that when Bitcoin Halving occurs, Demand will increase and supply will decrease, so we would have the ideal bullish scenario.



Source: https://www.newsbtc.com/2020/04/28/flattening-moving-average-puts-bitcoin-price-target-at-9k-in-q2/

[bitebits]

Just putting this here for future reference because of the cute market cap.

https://twitter.com/blockfolio/status/1255122392843722754

BREAKING: 2,000 blocks until the halving.

In a decade, 31,000 lines of code and a 9-page paper has grown into a network secured by 110 exahashes per second, 10,000 nodes, $142 billion in value, and about to cut its inflation rate lower to that of even gold's.

[Toxic2040]

^

[Raja_MBZ]

[VB1001]

^

Yeah 7,800 is hard.

[Indymoney]

^

Yeah 7,800 is hard.

Today all day I wait for this figure but never appear 

[xhomerx10]

@Ridesmonster
If you don’t own bitcoin you’re a fucking loser. Period
https://twitter.com/ridesmonster/status/1254795965279551493?s=21

True?

If someone's twitter avatar is themselves shirtless I'd say that qualifies as at least as dumb. There must be a club judging by the replies in that thread.

I would encourage for all of the female accounts.

Though yes, that would also likely qualify them as dumb.

 That's a shot of Brad Pitt from the movie Snatch.  Lots o plot twists and shirtless scenes.

[Hueristic]

@Ridesmonster
If you don’t own bitcoin you’re a fucking loser. Period
https://twitter.com/ridesmonster/status/1254795965279551493?s=21

True?

If someone's twitter avatar is themselves shirtless I'd say that qualifies as at least as dumb. There must be a club judging by the replies in that thread.

I would encourage for all of the female accounts.

Though yes, that would also likely qualify them as dumb.

 That's a shot of Brad Pitt from the movie Snatch.  Lots o plot twists and shirtless scenes.

Lock Stock and 2 Smoking Barrels might be my favorite flick.

It doesn't matter how many times I see it I just can't help but laugh my ass off.
Literally has the best cast of "characters" of any movie I know.


 

Fucking northern monkeys! Gary: I hate these fucking southern fairies. ...

[Icygreen]

Truth BOMBS incoming!
https://londonreal.tv/digital-freedom-platform-interview-1-dr-rashid-buttar/

[jojo69]

this would be a great time for a real breakout

[JayJuanGee]

My Plan B is to sell insanely overpriced Alts during this bull run, not Bitcoin  

https://media.giphy.com/media/gVoBC0SuaHStq/giphy.gif

If you own 10 bitcoin you are literally a billionaire.

Few understand this.

https://twitter.com/pierre_rochard/status/1254553080319877120

In sats, yeah

But seems like a beautiful illusion atm, unless BTC turns into world reserve currency, may be in next 70-100 years.. who knows?

If it happens, it will be way before 70 years from now.

Pierre Rochard is saying anyone who has 10 BTC is already a billionnaire

and anyone who has .01BTC is already a millionaire.

He is saying that literally is true because he is talking about the number of satoshis that they have if they have those quantities of BTC.

Part of the goal, too, is to get people to think in satoshis.

We have several billionnaires who regularly participate in this thread... even if they will not reveal their holdings, exactly.

[Ibian]

That's cute and all but purchasing power is still measured in the local fiat.

[Raja_MBZ]

Less than 10 posts in the last 5 hours. WO'ers, where are you? Hiding from COVID19? Good thing it spreads physically, not digitally.

[marcus_of_augustus]

^^^ you're not supposed to post about the 1 in 300 year globe-changing panademic here because it's the 'wrong narrative' ... and well there's basically nothing else happening in the world because it's in lockdown due to unmentionable pandemic. Ergo no posts.

[Ibian]

Well then speaking of unmentionable-chan, we have enough info to do some back of the envelope calculations at this point.

Over half of infected show no symptoms. They don't even know they have her inside them. Of those who do get symptoms, maybe a fifth will get sick enough to get tested. Those are the official numbers, so the actual number of infected is likely to be ten times as high.

From that group, maybe a fifth will get sick enough to need treatment. And of those, maybe a fifth die. So that gives us a 0.4% death rate overall. Let's assume I'm wildly off and call it 4%. Even then not bad enough to shut down the entire global economy, much less implement the kind of draconian measures that some here have personally experienced.

Is anything missing? Is the current state of the world anything other than an authoritarian power grab?

[Icygreen]

this would be a great time for a real breakout

Second wave expected, https://www.youtube.com/watch?v=kpZinAjbxAY&feature=youtu.be&t=103&fbclid=IwAR3475D0vAZG_Op29s74N8dgvmEnoc5s6bmIq-oxEjQ9ofY0NtlLfUfaXQ4

[Arriemoller]

Well then speaking of unmentionable-chan, we have enough info to do some back of the envelope calculations at this point.

Over half of infected show no symptoms. They don't even know they have her inside them. Of those who do get symptoms, maybe a fifth will get sick enough to get tested. Those are the official numbers, so the actual number of infected is likely to be ten times as high.

From that group, maybe a fifth will get sick enough to need treatment. And of those, maybe a fifth die. So that gives us a 0.4% death rate overall. Let's assume I'm wildly off and call it 4%. Even then not bad enough to shut down the entire global economy, much less implement the kind of draconian measures that some here have personally experienced.

Is anything missing? Is the current state of the world anything other than an authoritarian power grab?

So you are saying Sweden did nothing wrong?

[Ibian]

Well then speaking of unmentionable-chan, we have enough info to do some back of the envelope calculations at this point.

Over half of infected show no symptoms. They don't even know they have her inside them. Of those who do get symptoms, maybe a fifth will get sick enough to get tested. Those are the official numbers, so the actual number of infected is likely to be ten times as high.

From that group, maybe a fifth will get sick enough to need treatment. And of those, maybe a fifth die. So that gives us a 0.4% death rate overall. Let's assume I'm wildly off and call it 4%. Even then not bad enough to shut down the entire global economy, much less implement the kind of draconian measures that some here have personally experienced.

Is anything missing? Is the current state of the world anything other than an authoritarian power grab?

So you are saying Sweden did nothing wrong?

It all depends on the kind of disease. If this had been an extremely virulent Ebola then sweden would now be depopulated and ripe for takeover by almost anyone. But this is not ebola. It is a worse variant of the flu or close enough (bar secondary infections being worse which still remains to be seen).

With a very deadly plague, you want to stay the fuck home until it passes. But a plague that kills barely anyone, and mostly the old and weak and infirm, that also happens to be a virus (and therefore might mutate) you want to get through it as fast as the medical system can cope.

So as far as the Swedish question, they are a highly irresponsible lot, an inferiour version of the foolish norwegians. But in this case it may just be that they lucked out and happened on the correct answer.

[STT]

The big question really for the long term is how much does this virus mutate  ?  If catching it previously is not a defence as is common with the normal cold humans get every year then we are in for a load of trouble, I imagine that road is alot longer then presently anticipated.   If it is just one and done phenomena then its not quite as bad despite the unfortunate lethality ongoing at present.

The whole possibility to a second bump to the curve and how big that might be is what scares me more then the current problem, bad as it is.  The longer term is the bigger worry because it cant be dodged forever, we dont know the full picture yet.   Maybe we get a vaccine and this enables human populations to perfectly counter this threat just like we have bubonic plague occur naturally every year but we also understand and can counter it now, Im not wanting to presume any negative just thats my concern over the unknowns.   Its also wrong to presume (imo) that its not a big deal, most will get past it just fine so whatever will be will be.


BTC approaching 200 DMA at 8000 and theres a slight stop here at 7777 which was previously seen on the early March lows.  Price on 1 hour bars has kept closing above 2 day average since the 25th