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

[JayJuanGee]

- A dog and three cats in the Netherlands have been infected with Corona.

Now I'm scared.

You better be getting scared, because next it is coming after monkeys like ur lil selfie.



 

[1715606899]

1715606899

[1715606899]

1715606899

[VB1001]

however as much as i believe bitcoin is the future of money/wealth/store of value/whatever you want to call it i do live in the present. and i do realize that my "plan," while it has worked in the past, may need drastic revision at any point.

never stop learning.

Fair enough.  If all of a sudden, some very large and unanticipated expense rolled into your door.. you might have to say fuck.  And, you might have liquidate a decently large portion of your bitcoin's even though it was either last or towards the end of you liquidation list.

Nice for us to have those kinds of options, even though they do not necessarily resolve all issues that might end up coming in our direction.. including some major issues that could undermine our bitcoin stash, too..

I am in a similar situation to the one you describe and probably the solution is to sell BTC, this is the true magic of Bitcoin, the alarm light of the Fiat reserves has gone on, according to my plan, I cannot face the unforeseen and continue decapitalizing me, BTC will save my ass like other times.

No need to comment on the reason for this decision, we have enough shit in this 2020
As soon as I can recover financially, I will start buying again
Nothing changes, the same VB1, Bull, StrongHat, but practically with 0 BTC

[JayJuanGee]

About retarded replies... what else you can expect from the nerd community when talking with the opposite sex  

Bitcoin does not discriminate.

She accepts: retards, fanaticals, drug dealers, MILFs, grandmas, computer nerds, normies, financial wizards, governments, non-profit organizations, Corona virus survivors, famous authors (even if they write dumb stuff), nobel laureates, 14-year old snot-nosed brats, porn stars, daddies contributing towards a child's college fund, homeless abled-bodied young men, and whatever is thrown her way.  Sure some of them will be tricked out of their coins along the way, but bitcoin no doesn't care.

You missed the joke JJG 

Ok.. bitcoin accepts retards and socially inept.. etc.. I thought that mostly I captured the category of your reference.. NOT denying the phenomena... that's for sure.   

[BayAreaCoins]

Bitcoin tx fees are spiking... hopefully the miners aren't trying to artificially lift the fees again.  

We really need more competition in Bitcoin mining.

"From April 11 until May 14, Bitcoin (BTC) transaction fees increased by more than 1,250% from $0.38 to $5.16.
While Bitcoin transaction fees have since fallen by 33.3% to sit at roughly $3.44 as of this writing, fees have increased by 36.5% since the block reward halving on May 11.
The average cost of executing transactions on the Bitcoin network has increased by more than 800% in just one month, with May posting the highest transaction fees since July 2019 so far.
Fees are up by more than one-third since the halving, which precipitated an increase in transaction costs of 105% over three days."
source: https://cointelegraph.com/news/bitcoin-transaction-fees-are-up-800-in-one-month

I remember before the halving paying the $0.38 to send over 0.08btc. It was a super fast send too receiving it within 5 minutes!
Just now sent 0.0579btc with a 0.000616btc miners fee $5.96 at preev rate and confidence rating is under 29% for the transaction which I sent 33 minutes ago. Not one confirmation yet.
And if it just like before the weekend when price of BTC was surging nearer to $10k price, where everyone and their grandmothers are trying to send their bitcoin to their exchange wallets , then I wont expect it to confirm with 3 hours from now. Where the send I did on friday had a over 94% confidence rating but still took over 3 hours to get 1 confirmation on the blockchain.

Current recommended fee - 158 sat/byte
It’s butthurt miners absolutely fuming at the block reward halving so they’re prioritising high fee transactions to try & make some money back. People are paying higher & higher fees to try & get a quick confirmation.

Edit - mempool is massive.
48,004 unconfirmed transactions, I’ve seen a lot more though during the spam attacks a few years ago.

Hmm getting close to pushing me on the lightning train, when is Andreas book on lightning coming out? Guessing a lot of people in the same boat with me, soon won't be able to afford to not use lightning

We are going to likely implement lighting network on FreeBitcoins.com altcoin exchange and build a faucet for it.

[Tash]

- A dog and three cats in the Netherlands have been infected with Corona.

Now I'm scared.

Goats and Pawpaw positive also. Good news is the motor oil is indecisive result.
https://www.npr.org/2020/05/11/854115407/tanzanias-president-blames-fake-positive-tests-in-the-spike-in-coronavirus-cases

[JayJuanGee]

however as much as i believe bitcoin is the future of money/wealth/store of value/whatever you want to call it i do live in the present. and i do realize that my "plan," while it has worked in the past, may need drastic revision at any point.

never stop learning.

Fair enough.  If all of a sudden, some very large and unanticipated expense rolled into your door.. you might have to say fuck.  And, you might have liquidate a decently large portion of your bitcoin's even though it was either last or towards the end of you liquidation list.

Nice for us to have those kinds of options, even though they do not necessarily resolve all issues that might end up coming in our direction.. including some major issues that could undermine our bitcoin stash, too..

I am in a similar situation to the one you describe and probably the solution is to sell BTC, this is the true magic of Bitcoin, the alarm light of the Fiat reserves has gone on, according to my plan, I cannot face the unforeseen and continue decapitalizing me, BTC will save my ass like other times.

No need to comment on the reason for this decision, we have enough shit in this 2020
As soon as I can recover financially, I will start buying again
Nothing changes, the same VB1, Bull, StrongHat, but practically with 0 BTC

Well, you gotta do what you gotta do, and yeah sometimes there just is not enough resources or income, and surely for some of us, we have luxuries of having a cushion.. or having had built a cushion.. but sometimes that cushion can be taken away.

There can be some benefit, perhaps, of attempting to sell on your own terms, and maybe selling now is relatively better, after a 150% bounce, rather than selling in the $4,500 territory at a time that would not have been of your choosing.

Surely, right now, is NOT likely a time of your choosing either, so then the next matter might have to do with your age (timeline) and how much time that you have in order to build your savings and investments.

When I look back at my earlier days of investing, I always thought that I was building my investments with the passage of time, but part of my building had to do with investing in my education too (which was an expense that took away from monetary investments.. causing debt)... so likely that paid off for me, but it does not always pay off for other people, and probably I got lucky because I did not even pursue my education based on considerations of making money, so in the long run, I got lucky to have been able to make money on more whimpy soft skills rather than the sciences and the other possible money-making kinds of degrees.

I feel good that I had never been forced into liquidations of various financial positions that were not at times that were somewhat under my control.... but still, it can take a real damned long time to build a financial cushion that allows NO necessity to have to dip into assets/investments that you want to keep separate from your daily/monthly expenses.

Hopefully, you can hang on to a small portion of your BTC, even if it might only be .1BTC or some other relatively modest portion...and yeah, of course, I don't even know what you are starting with.. so maybe you only have accumulated .3BTC.. so you don't really have a lot to work with... but anyhow, the punchline should ultimately be with any of us that we should be attempting to draw whatever resources that we can from other avenues rather than bitcoin and thinking in terms of sound money and there are some people who will float a certain amount of debt too, in order to maintain their BTC investment, and sure I don't have confidence about how wise it would be to go to debt first or other resources that you might have available to go to first before cashing in on your BTC, but sometimes favorable terms for debt can be made, too... or other resources...  perhaps? perhaps?  Don't know your details, of course.

[Cryptotourist]

You better be getting scared, because next it is coming after monkeys like ur lil selfie.

I get it JJJJJJJ, transistors are immune!

Code:

!Command Cooldown !cookie 5

[JayJuanGee]

You better be getting scared, because next it is coming after monkeys like ur lil selfie.

I get it JJJJJJJ, transistors are immune!

Code:

!Command Cooldown !cookie 5

Relatively speaking:  you took that well.

[Cryptotourist]

Relatively speaking:  you took that well.

#sohomo #Jfaggot
Relatively speaking, so did you:

[JSRAW]

https://youtu.be/w9GZMAcmsQo

Hodling is good

[machasm]

Green dildo
Sorry cant find the Stifler meme

[El duderino_]

Green dildo
Sorry cant find the Stifler meme

Damn my laptop ain’t close by

But stil it’s dildoing

[soullyG]

[Room101]

Just close above 10k would you, sick of this bounce off shit. I like making money when it goes up, but I like tweeting the price to Paul Krugman even more. Sometimes Schiff for shits and giggles.

[El duderino_]

Just close above 10k would you, sick of this bounce off shit. I like making money when it goes up, but I like tweeting the price to Paul Krugman even more. Sometimes Schiff for shits and giggles.

Don’t be bothered sending about BTC to some n00bs

[Room101]

Just close above 10k would you, sick of this bounce off shit. I like making money when it goes up, but I like tweeting the price to Paul Krugman even more. Sometimes Schiff for shits and giggles.

Don’t be bothered sending about BTC to some n00bs

I just like reminding people who have been saying bitcoin is a worthless scam for the last 10 years how wrong they have been. Especially when they have a Nobel Prize 

They certainly tweet about it every time it goes down in value.

Code:

"Bitcoin has dropped 70% to only $5000, you all should have listened when I told you what a scam it was when it was $12"

 

[rdbase]

Green dildo
Sorry cant find the Stifler meme

Man, doing a search for green dildos in google images is very bad.
https://www.youtube.com/watch?v=qtCf_85QsqQ

How about we do pickle ricks when the markets pumping to $10k next time.

[criptix]

Only retards make charts (data sets) with completely unrelated metrics.

And the only ones dumber than they are are the ones who believe those metrics correlate.

Yikes!

Phew:

San Marino has had 41 deaths out of a population of 33,000.  

So that suggests about 3,300 cases or about 10% of the population.  

So San Marino has by far the highest death rate in the world per head of population but is a long way from herd immunity.  

But, but:

- A dog and three cats in the Netherlands have been infected with Corona.

Now I'm scared.

Hey friend, why are greece government officials reopening your nation for tourism and are advertising that to germans?  


EU is opening inner borders for tourism by june or depending on nation already did.


Btw. Will officially withdraw all my coins from bitmex.

Just went offline out of the blue for over 1 hour already.

[LUCKMCFLY]

These indicators bode well for Bitcoin, more interest can translate to more people entering the market.

Rising Bitcoin Search Volumes Point to 2019-Like Price Rally

earches for the keyword ‘Bitcoin’ is trending higher on Google since late-March.
The surge in internet volumes is similar to what they were before the 2019 price rally.
Interest in the cryptocurrency is booming as searches for the keyword “buy bitcoin” hit a perfect 100 score.

The rating was low compared to Bitcoin’s all-time high of 100 in December 2017. But yet, it was inching closer to its 2019 top of 24, achieved when Bitcoin’s spot rate rallied from $8,799 to nearly $14,000 in a week.

Source: https://www.newsbtc.com/2020/05/19/bitcoin-search-volumes-2019-price-rally/

[JimboToronto]

Good morning Bitcoinland.

Bouncy bouncy. Under $9.5k, over $9.9k, back down again, now back up around $9.7k... currently $9705USD/$13500CAD (Bitcoinaverage).

Aren't roller coasters fun?
_____

I can't see why everybody is making a big fuss about some author. What do children's books have to do with Bitcoin? If she were a plumber or farmer would people care?

Okay, I guess she has more money to convert to Bitcoin than your average plumber or farmer. I could have said medical patent holder or architect.

No matter. It has nothing to do with Bitcoin. Have people become so brainwashed with celebrity propaganda that they think she's something special? She's just a writer fer crissakes.