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

[Ibian]

Going down into the depths:

Who is coming along on down for the ride?

I love that compassion & forgiveness is almost at the bottom.

The real true deep secret is that without a generational culling of a large percentage of the population, there can be no further progress. Quite annoying, that.

[Hueristic]

Pay off most things like mortgage and be a free man... let the rest mature further

Nothing free about having to pay taxes.

New poll suggestion. Do you say yes or no to the taxman? Is it better to be a slave or a prisoner?

Prisoner because then you force them to pay for your basics while as a slave you support their system with your sweat and blood.

[LFC_Bitcoin]

I love the optimism here. $75k within weeks if we follow the bubble of 2013.

https://cointelegraph.com/news/bitcoin-price-75k-within-weeks-recovery-mimics-2013-700-bull-run

Extremely doubtful but fuck, I’d love to be wrong.

[infofront]

That's some strong ass hopium.



I'll throw this out there too, from AnonyMint:

[Wekkel]

This would include a massive fake out to the downside (-/- 20% straight down). I will be there to catch it  

[JayJuanGee]

Funny.  I can imagine AlcoHoDL doing an expressive dance towards his phone trying to get the phone to cooperate in showing the proper numbers.



I need one of those too... just like my avatar suggests.

That's the beauty of HoDLing. The older we get, and the longer we HoDL, the better we become, at anything! I can bet that soon we'll all be able to perform almost as good as her...

As humans we have peaks... I have noticed... physical and mental.

Wisdom might even deteriorate too, but years of practice may well have caused us to have surplus capital, at certain points of our elder years, so long as we do not screw up too many things.

Am I too pessimistic today?

I will admit that I had a dream last night about BTC prices crashing to $5... was not pretty, and I am glad that my dreams do NOT relate too much to reality.

[Torque]

The U.S. stock market so divorced from underlying fundamentals it's not even funny anymore.

[Ibian]

The U.S. stock market so divorced from underlying fundamentals it's not even funny anymore.

All that money has to go somewhere. Will be funny when people realize stuff suddenly costs twice as much.

[Toxic2040]

Good morning gentlebeings and salutations.

The last week or so of accumulation is taking place imho. Have you packed your bags? Are you prepared for massive gainz? I dont know about you but I am ready.

A couple of notations to gawk at.

#dyor
1h


4h


W

#stronghands

[LUCKMCFLY]

Hodl It is the conviction.

$btc
1Y+ HODL wave back at pre-2017 bullrun level.

1Y+ HODL=the percentage of all bitcoins that have not been moved from one wallet to another for at least 1 year.

Source: https://twitter.com/Yodaskk/status/1269991576517967875

[Torque]

That's some strong ass hopium.

I'll throw this out there too, from AnonyMint:

Don't you just love all these guys that rage quit BTC for some shitcoin fork(ABC, BCH, BSV), but still deeply care about Bitcoin's future price development?

[Hueristic]

The U.S. stock market so divorced from underlying fundamentals it's not even funny anymore.

This is the real fake news.

[Hueristic]

Government over-reach again. Or perhaps under-reach, depends how they go about it.

As long as it is strictly advisory it's fine. We have those in denmark too and nobody is going to come running if you stand a little too close to someone. Hand sanitizers are in every major store and I never use them, never even got a sideways look for that. Let people choose and things will work out.

Umm yeah, you need to reread this.

[nutildah]

The U.S. stock market so divorced from underlying fundamentals it's not even funny anymore.

I guess the difference between the two lines is "inflation"? Looks scary.

[Karartma1]

Good things will come eventually.
or
All good things to those who wait

 

[Toxic2040]

Government over-reach again. Or perhaps under-reach, depends how they go about it.

As long as it is strictly advisory it's fine. We have those in denmark too and nobody is going to come running if you stand a little too close to someone. Hand sanitizers are in every major store and I never use them, never even got a sideways look for that. Let people choose and things will work out.

Umm yeah, you need to reread this.

[rdbase]

Guess who called in the paramilitary into Washington D.C tonight?
https://youtu.be/c5rBXIT3zhk
Be aware they are private so they are like contract mercs so they dont care what laws they break.
Don't we need the anti-hero to go into battle now?
War has come in 3..2..1 fake news caused by damaster

What, the Klan Klowns are coming to town?

Dont know yet but...

https://www.thestar.com/news/world/us/2020/06/04/judge-750k-bail-for-3-ex-officers-accused-in-floyds-death.html
Is this justice enough for all? Each officer received jail time but have bail.
We will see tonight if the rioters start going up against immobilized fully armed forces who don't give a flying fuck when given the order to shoot on site in D.C tonight.

Officer Chauvin is going to court today on his conviction for the time going be served for murder. They have said up to 40 years but they usually get off serving good time and being a former cop you know they will give em special treatment and let off early.
The others have been charged with aiding and assisting in second degree murder.
Its all theres left to say after this...

And just move on cause anymore rioting and peaceful protests are just causing more harm now then good.
https://www.thestranger.com/slog/2020/06/08/43864118/spd-arrested-man-who-shot-video-kid-allegedly-pepper-sprayed-by-cops
Just mass confusion which may spark up the fires again.

[Paashaas]

Coronavirus Cases: 7,142,910. Deaths: 407,326. Recovered: 3,484,678.

- The world just reported more than 136,000 cases in a singel day, its highest number so far.

- 2m total cases in the U.S.

- Morocco extends lockdown after new outbreak in Marrakesh.

- Poland has ordered the temporary closure of 12 coalmines after a major outbreak among miners.

- Sweden recorded three consecutive days of over 1,000 new cases.

- Brazil reported a record number of daily deaths, overtakes Italy to become third highest worldwide.

- Mexico sees deaths twice as high as previous record.

- Argentina extends lockdown.

- South Africa sees record rise in cases.

- Brazil stops releasing Covid 19 death toll and wipes data from official site after soaring deaths.

- Suriname goes into total lockdown. Dutch ABC islands (Aruba/Bonaire/Curaçao) not effected.

- Turkey announces weekend lockdown in 15 cities.

- Pakistan reports record jump in cases.

- Concerns are growing about the true extent of the Coronavirus outbreak in Afghanistan.

- Iran reaches new peak in virus transmission.

- Hospitals collapsed in Armenia they can no longer cope with the number of patients.

- Guatemala president to work remotely after 18 staff get Coronavirus.

- Thousands of Dutch Covid 19 patients likely have permanent lung damage, some of them are out of breath after walking few meters.

- Japan's household spending falls at record pace as virus stalls economy.

- New Zealand lifts all social and economic restrictions except border controls after declaring it is free of the virus.

           

[Torque]

The U.S. stock market so divorced from underlying fundamentals it's not even funny anymore.

I guess the difference between the two lines is "inflation"? Looks scary.

"Asset price inflation". Aka "Minsky Melt-up".

"This surge in asset prices will benefit a small minority of wealthy Americans and actively harm the vast majority via costs of living surging versus significant unemployment, flat wages, and eventually goods and services inflation."

[Xian01]

I raise you.