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

[Bitcoinaire]

Spring is turning into summer.

Bitcoin market cycles

https://twitter.com/CryptoBull/status/1261996795309314048

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[serveria.com]

Masterluc aka Pentarudi newest Update

Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.

Stick it up his ass... 

[serveria.com]

Now, let me explain to all of you why the Swedish government is not closing down society and quarantining people/closing of areas.

This is a little known fact outside Sweden, and it rarely comes up in the debate.
Neither the Swedish government nor the Swedish parliament has the authority to do that.
The Swedish constitution guarantees all citizens the right to free movement in peacetime, no exceptions but one, people with a dangerous contagious disease can be forcefully quarantined according to the contagious disease act. But that only applies to specific individuals.
And there is no such thing as marshal law in Sweden, not allowed by the constitution.

So, no matter how much people or other countries bitch about Swedens way of handling the crisis, nothing is going to change.
You can change the constitution, but that reacquires two parliament votes with one general election in between.
We might se a change in the wording in the constitution from just "wartime" to "war and pandemics" or something like that, but no such change has been suggested yet.

Yeah, democracy and all... but, in case of a really deadly virus wouldn't it mean that most of the population is going to die? 

[lightfoot]

Doesn't sound like the Flu...

Good to hear you're alive. Any ideas on how you might have gotten it?

Yes, my idiot brother went to a dinner party, one of the guests was infected, he then passed it on to me.

Thanks, that's a very good bit of data, was he next to the sick person, were they coughing, and did he cough on you? Does he live with you?

Sorry for all the questions, but you're the second person I know who got this and lived (several didn't).

Thanks again!

[LUCKMCFLY]

An interesting fact to consider ..

Just over two weeks ago, 80MB worth of transactions were choking up the network. While that number has managed to come down, it hasn’t managed to stay down. The constant flux in the mempool size suggests Bitcoin has had few opportunities to rest in the past 30 days.

Source: https://www.coinness.com/news/651768
            https://decrypt.co/29112/bitcoin-fees-halving-rise-mempool

[Globb0]

Anyone not caught up with all their outstanding jobs yet during the lockdown?

with my wife creating new jobs and projects by the second? i will never catch up.

Today I finished stripping down to small bits and fully cleaning back to like new condition her Dyson.

[Phil_S]

You can still do your part

Thanks, but no. I'm a rebel.

[serveria.com]

An interesting fact to consider ..

Just over two weeks ago, 80MB worth of transactions were choking up the network. While that number has managed to come down, it hasn’t managed to stay down. The constant flux in the mempool size suggests Bitcoin has had few opportunities to rest in the past 30 days.

Source: https://www.coinness.com/news/651768
            https://decrypt.co/29112/bitcoin-fees-halving-rise-mempool

Uberbullish! 

[serveria.com]

Meanwhile: nice Sunday pump! 

[Krubster]

Now, let me explain to all of you why the Swedish government is not closing down society and quarantining people/closing of areas.

This is a little known fact outside Sweden, and it rarely comes up in the debate.
Neither the Swedish government nor the Swedish parliament has the authority to do that.
The Swedish constitution guarantees all citizens the right to free movement in peacetime, no exceptions but one, people with a dangerous contagious disease can be forcefully quarantined according to the contagious disease act. But that only applies to specific individuals.
And there is no such thing as marshal law in Sweden, not allowed by the constitution.

So, no matter how much people or other countries bitch about Swedens way of handling the crisis, nothing is going to change.
You can change the constitution, but that reacquires two parliament votes with one general election in between.
We might se a change in the wording in the constitution from just "wartime" to "war and pandemics" or something like that, but no such change has been suggested yet.

I rarely post here, but as a fellow Swede I felt I just had to respond.

First of all, I'm happy you are feeling better and I hope you make a full recovery soon.

The Swedish situation has little to do with its laws, but rather as a result of the recommendations by the Government in general, and by the FHM (The Swedish Public Health Authority) in particular, or should I rather say the lack of thereof.

Take our neighbouring countries Norway and Finland as an example. We share similar laws and we have similar traditions, ways of living etc. They have 232 respectively 297 death, compared to Sweden's 3674 death as of today. The difference is their governments has acted much more forcefully and managed to protect their elders.

The lack of testing of workers in hospital and nursing/elderly homes has made the virus spread uncontrollably among our most vulnerable people.

Myself is utterly disgusted how Swedish authorities has handled this pandemic so far.

[Wekkel]

Masterluc aka Pentarudi newest Update

Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.

https://www.tradingview.com/x/hDsbeO3p

Stick it up his ass... 

Not so quick. It ain't over yet.

[AlcoHoDL]

Masterluc aka Pentarudi newest Update

Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.

https://www.tradingview.com/x/hDsbeO3p

Stick it up his ass... 

Not so quick. It ain't over yet.

Yeah, the more times you roll the dice, the more chances your "prediction" ends up being correct.

We saw how Masterluc's "predictions" worked out in Mindrust's case, as a fellow WO recently commented.

Fcuk him.

[BitcoinsGreat]

Anyone not caught up with all their outstanding jobs yet during the lockdown?

with my wife creating new jobs and projects by the second? i will never catch up.

Most of the people have lost their jobs in the lockdown and companies have downsized and limited their operations. The most beneifical persons are those who have their own business over the internet.

[vapourminer]

Anyone not caught up with all their outstanding jobs yet during the lockdown?

with my wife creating new jobs and projects by the second? i will never catch up.

Today I finished stripping down to small bits and fully cleaning back to like new condition her Dyson.

here is how my one, single project is going.

PROJECT: disassemble and clean barbecue grill, check uneven burners. estimated time maybe a couple hours of nice relaxing time

STARTED: hours ago

PERCENT COMPLETE: 5%

TIME SPENT ON GRILL PROJECT: 10 minutes to move and partially dissemble grill.

TIME SPENT ON WIFES PROJECTS: several hours.

ESTIMATED COMPLETION TIME FOR GRILL PROJECT: next week

[machasm]

On the subject of halving and diff changes.
Was there a specific reason Bitcoin was designed to reduce its emission rate in this fashion with these abrupt steps every 4 years or so?
Would it have been better to have designed it in such a way that the reduction was done at a much slower pace, say an almost imperceptible amount per block? So that over the four years the amount is still halved but instead of in one go, over the course of the entire 4 year period?

[Globb0]

Anyone not caught up with all their outstanding jobs yet during the lockdown?

with my wife creating new jobs and projects by the second? i will never catch up.

Today I finished stripping down to small bits and fully cleaning back to like new condition her Dyson.

here is how my one, single project is going.

PROJECT: disassemble and clean barbecue grill, check uneven burners. estimated time maybe a couple hours of nice relaxing time

STARTED: hours ago

PERCENT COMPLETE: 5%

TIME SPENT ON GRILL PROJECT: 10 minutes to move and partially dissemble grill.

TIME SPENT ON WIFES PROJECTS: several hours.

ESTIMATED COMPLETION TIME FOR GRILL PROJECT: next week

Can I advise you to buy her a box of wine   

Should buy you a little time.

[JayJuanGee]

On the subject of halving and diff changes.
Was there a specific reason Bitcoin was designed to reduce its emission rate in this fashion with these abrupt steps every 4 years or so?
Would it have been better to have designed it in such a way that the reduction was done at a much slower pace, say an almost imperceptible amount per block? So that over the four years the amount is still halved but instead of in one go, over the course of the entire 4 year period?

Of course, there has already been a lot of discussion that the hype cycle was intentionally designed into bitcoin's 4-year halvening cycle.... which includes front-loading the mining-generated issuance of coins.

[jojo69]

On the subject of halving and diff changes.
Was there a specific reason Bitcoin was designed to reduce its emission rate in this fashion with these abrupt steps every 4 years or so?
Would it have been better to have designed it in such a way that the reduction was done at a much slower pace, say an almost imperceptible amount per block? So that over the four years the amount is still halved but instead of in one go, over the course of the entire 4 year period?

sounds to me like you are now qualified to start up your own alt coin

[jbreher]

Now, let me explain to all of you why the Swedish government is not closing down society and quarantining people/closing of areas.

This is a little known fact outside Sweden, and it rarely comes up in the debate.
Neither the Swedish government nor the Swedish parliament has the authority to do that.
The Swedish constitution guarantees all citizens the right to free movement in peacetime, no exceptions but one, people with a dangerous contagious disease can be forcefully quarantined according to the contagious disease act. But that only applies to specific individuals.

A hearty tip of the hat to the Swedes for adhering to their written law. Lord knows we Americans abandoned any such fidelity about a century ago.

And here’s to wishing you a full and speedy recovery.

[toknormal]

The lack of testing of workers in hospital and nursing/elderly homes has made the virus spread uncontrollably among our most vulnerable people.

Myself is utterly disgusted how Swedish authorities has handled this pandemic so far.

I don't quite understand your "disgust". The difference between Sweden and its neighbouring Nordic countries is almost insignificant in terms of mortality. Meanwhile the difference between Sweden and the big "lockdown" countries is very large - especially given that it's in the "wrong" direction if you hypothesise that the lockdowns are effective.

How do you explain this ?