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

[cygan]

https://cointelegraph.com/news/donald-trump-told-treasury-secretary-to-go-after-bitcoin

probably fake news

[VB1001]

HDR & OKCoin Join Forces To Provide A US$150,000 Grant to Bitcoin Core Developer Amiti Uttarwar

BitMEX Research18 Jun 2020

We’re very pleased to announce that OKCoin and HDR Global Trading Limited (which owns and operates the BitMEX cryptocurrency trading platform) are each providing a US$75,000 grant, totaling US$150,000 over 12 months, to Bitcoin Core developer Amiti Uttarwar. The HDR element of the grant is based on the open-source template grant contract. As dedicated supporters of Bitcoin Core and open source development, OKCoin and BitMEX independently identified Amiti’s work as essential to the advancement of the Bitcoin network.

Amiti’s Bitcoin Core contributions have improved the protocol and continue to strengthen the cryptocurrency. Specifically, Amiti focuses on the peer-to-peer (P2P) layer.

https://blog.bitmex.com/hdr-okcoin-join-forces-to-provide-a-us150000-grant-to-bitcoin-c%c6%92ore-developer-amiti-uttarwar/

[Paashaas]

You know @pashaas, you just exaggerating. Men get real, read arguments of the other side. Take a deep breath.  World will look much brighter

#lockdownsceptics

You and LFC are not the brightest people around here isn't it?

If both of you understand why hospitals are getting overwhelmed than you will realize how much full of schit you both are.

[dragonvslinux]

Shorter term (1hr/4hr) bears look set to test the Daily bulls. 4hr death cross isn't promising, now anticipating another bear trap to $8,800:

Short-term on the 4hr another bearish factor is emerging, the 50 MA is now crossing below the 200 MA for a 4hr death cross. While only emerging on the 4hr (given price is still above the 50 & 200 Day MAs that are in bullish formation), this would be the sell signal for MA traders from the April 7th buy signal around $7,300. Given we are still within the ascending triangle structure referenced above, I'll remain neutral on this time-frame until the ascending triangle structure is broken. This could be another bear trap, although decreasing volume is another cause for concern. The CMF remains positive and rising, the RSI is currently neutral. We are otherwise struggling to stay above the VPVR point of control:

Still 55-45 bullish longer-term while the 4hr ascending triangle remains in tact. Support trend-line of Daily/marco sized bull flag remains in tact.

[Cryptotourist]

You know @pashaas, you just exaggerating. Men get real, read arguments of the other side. Take a deep breath.  World will look much brighter

#lockdownsceptics

You and LFC are not the brightest people around here isn't it?

If both of you understand why hospitals are getting overwhelmed than you will realize how much full of schit you both are.

Hey, don't forget me, sweetheart.

#realCOVidiot
#COVshill

[Tash]

You know @pashaas, you just exaggerating. Men get real, read arguments of the other side. Take a deep breath.  World will look much brighter

#lockdownsceptics

You and LFC are not the brightest people around here isn't it?

If both of you understand why hospitals are getting overwhelmed than you will realize how much full of schit you both are.

overwhelmed like in Brazil with 5,000 infected & 200 deaths until,
Members of Parliament break into hospital and CAUGHT THEM RED HANDED NOT ONE PERSON
hospital frauded the world!!  Careful potentially sensitive content to view.
https://twitter.com/aoecoin/status/1272712575537438720?s=21

Did have a real life quarrel today, parted both of the opinion to have won,          
only to meet up shortly thereafter:
f

[kurious]

Even assuming Twitter is a reliable source of factual news, and that government ministers in jeans and T-shirts only have phone footage as evidence for an official visit (to what looks not very much like a hospital)....

What would a corrupt private hospital claim in a country with a non-low level of corruption tell us about the level of real disease there?

[Tash]

Even assuming Twitter is a reliable source of factual news, and that government ministers in jeans and T-shirts only have phone footage as evidence for an official visit (to what looks not very much like a hospital)....

What would a corrupt private hospital claim in a country with a non-low level of corruption tell us about the level of real disease there?

Bazil not the only country with massive corruption

[Tash]

Even assuming Twitter is a reliable source of factual news, and that government ministers in jeans and T-shirts only have phone footage as evidence for an official visit (to what looks not very much like a hospital)....

What would a corrupt private hospital claim in a country with a non-low level of corruption tell us about the level of real disease there?

Two days old and Brazilens translated it
Bazil not the only country with massive corruption

[bkbirge]

https://cointelegraph.com/news/donald-trump-told-treasury-secretary-to-go-after-bitcoin

probably fake news

Another source...
https://www.washingtonexaminer.com/news/bolton-trump-told-treasury-secretary-to-go-after-bitcoin

"Don't be a trade negotiator," Trump allegedly said, as was written in The Room Where It Happened, a copy of which was provided to the Washington Examiner. "Go after Bitcoin [for fraud]."

[kurious]

Even assuming Twitter is a reliable source of factual news, and that government ministers in jeans and T-shirts only have phone footage as evidence for an official visit (to what looks not very much like a hospital)....

What would a corrupt private hospital claim in a country with a non-low level of corruption tell us about the level of real disease there?

Two days old and Brazilens translated it
Bazil not the only country with massive corruption

I didn't say it was the only country with corruption.

I did wonder if you might attempt to answer the question I asked, though.

[bitcoinPsycho]

BBC News - Coronavirus: Bank pumps £100bn into UK economy to aid (btc) recovery
https://www.bbc.co.uk/news/uk-53093127

"The Bank of England will pump an extra £100bn into the UK economy"

LOL

[Bitcoinaire]

You know @pashaas, you just exaggerating. Men get real, read arguments of the other side. Take a deep breath.  World will look much brighter

#lockdownsceptics

You and LFC are not the brightest people around here isn't it?

If both of you understand why hospitals are getting overwhelmed than you will realize how much full of schit you both are.

Hospitals aren't overrun though.

[ivomm]

A very interesting story!

https://www.quora.com/What-is-it-like-to-be-a-Bitcoin-millionarie

This guy has my respect! He waited 7 years as a true hodler. He didn't sell everything, he left over 50% of his stash. He sold far from the top at 11K and still didn't buy at higher prices during December 2017 FOMO. We can learn a lot from this guy. Screw the ferraries and lambos though, I think this is a horrible investment (despite my hat).

[Ibian]

A very interesting story!

https://www.quora.com/What-is-it-like-to-be-a-Bitcoin-millionarie

This guy has my respect! He waited 7 years as a true hodler. He didn't sell everything, he left over 50% of his stash. He sold far from the top at 11K and still didn't buy at higher prices during December 2017 FOMO. We can learn a lot from this guy. Screw the ferraries and lambos though, I think this is a horrible investment (despite my hat).

Two points. First, most people make almost nothing in a normal job. It's not the case that hodling can make you rich, but that everyone else is poor.

Second, the part about being almost happy to pay taxes. It's because of the state that most people are poor. Fuck taxes. The welfare state should be abolished.

[JayJuanGee]

A very interesting story!

https://www.quora.com/What-is-it-like-to-be-a-Bitcoin-millionarie

This guy has my respect! He waited 7 years as a true hodler. He didn't sell everything, he left over 50% of his stash. He sold far from the top at 11K and still didn't buy at higher prices during December 2017 FOMO. We can learn a lot from this guy. Screw the ferraries and lambos though, I think this is a horrible investment (despite my hat).

Difficult to use any one person as an example because people make choices, and surely if you end up waiting a couple of exponential cycles before meaningfully selling any large amounts of BTC then you are more likely to do better, and I doubt that we can expect future exponential price jumps to be as great as they were between 2011 and 2017

So sure, if you have an initial investment that is less than $10k, but the value of that investment goes to $100 million before you make any meaningful cashing outs, then of course, it would be a good idea to take out some profits, and there are a lot of ways that any guy (or gal) could be quite irresponsible with their level of cashing out and still be filthy rich or even be filthy rich after blowing half of the $100million.

In other words, the numbers are so great that they seem like a not very realistic example, including considering at what level should he have been more responsible or not splurged as much.

Probably we have talked about some of this stuff previously, and of course, living in Silicon valley causes for much greater expenses, so having one or two million in silicon valley might just make you comfortable rather than rich, but even by silicon valley expense levels, having $20 million to $40million is going to be in the filthy rich status...

Even a guy (or gal) currently in this thread who might have already been struggling for several years to reach 10 coins or 100 coins might  have some considerable difficulties considering if s/he will reach anything close to the example that you provided, ivomm.. and of course, if you have another 7 years from now, then perhaps?  If a guy/gal invested $10k at various points between 2015 and 2017, then s/he could have acquired anywhere between 10 coins and 50 coins with that amount of capital, so either the amount of capital invested should be greater or the amount of time to achieve $20million to $100million would need to be increased to more than 7 years, seems likely.

A very interesting story!

https://www.quora.com/What-is-it-like-to-be-a-Bitcoin-millionarie

This guy has my respect! He waited 7 years as a true hodler. He didn't sell everything, he left over 50% of his stash. He sold far from the top at 11K and still didn't buy at higher prices during December 2017 FOMO. We can learn a lot from this guy. Screw the ferraries and lambos though, I think this is a horrible investment (despite my hat).

Two points. First, most people make almost nothing in a normal job. It's not the case that hodling can make you rich, but that everyone else is poor.

Second, the part about being almost happy to pay taxes. It's because of the state that most people are poor. Fuck taxes. The welfare state should be abolished.

Funny that you, Ibian, are able to take almost any positive and turn such positive into a negative.

Would you rather spend taxes on the $30million that you withdrew, or get locked up for 10 or 20 years?

Of course, it might take a whole hell of a lot of will power to HODL your bitcoin stash and not be tempted to cash out too much too soon through periods of your maintaining mediocre-ass jobs.  Surely the level of your bitcoin wealth can tempt any person with even strong will to cash out too much too soon.

[Paashaas]

Hey, don't forget me, sweetheart.

#realCOVidiot
#COVshill

You are not intellectual enough to understand the situation, it made what you are today: a pessimist is not a well informed optimist and the biggest disrespected person in the WO.

Instead of shitting in people's mounth stop drinking booz and educate yourself.

Back on my ignore list, i already expected you fruitless respons.

overwhelmed like in Brazil with 5,000 infected & 200 deaths until,
Members of Parliament break into hospital and CAUGHT THEM RED HANDED NOT ONE PERSON
hospital frauded the world!!  Careful potentially sensitive content to view.
https://twitter.com/aoecoin/status/1272712575537438720?s=21

Did have a real life quarlel today, parted both of the opinion to have won,         
only to meet up shortly thereafter:

You post makes no sence to me, half fabricated bullshit.

Before i move you on my ignore list i say one thing: you can't even read a simpel chart, Brazil already hiking on 1m cases and over 40k deaths.

[cAPSLOCK]

You know @pashaas, you just exaggerating. Men get real, read arguments of the other side. Take a deep breath.  World will look much brighter

#lockdownsceptics

You and LFC are not the brightest people around here isn't it?

If both of you understand why hospitals are getting overwhelmed than you will realize how much full of schit you both are.

overwhelmed like in Brazil with 5,000 infected & 200 deaths until,
Members of Parliament break into hospital and CAUGHT THEM RED HANDED NOT ONE PERSON
hospital frauded the world!!  Careful potentially sensitive content to view.
https://twitter.com/aoecoin/status/1272712575537438720?s=21

Did have a real life quarlel today, parted both of the opinion to have won,         
only to meet up shortly thereafter:
f

In my opinion it is dangerous to believe bullshit like this.  I can tell you for a FACT that the covid units built in the hospital system I work for are REAL, and the fact they are up ~100% over the last week is also REAL.  And people who end up intubated stand a real chance of dying.

Now, is our social response to the disease overblown?  Perhaps.  Time will tell.  And at this moment that time is not that long.  It looks to me like the disease is NOT very deadly, but it is crazy contagious.  This means that it is true to say most people will not succumb to it, and it also means it may be true that our hospital systems can become overwhelmed.

Beware of people spinning this to the extreme in either direction, in my humble opinion.

[Hueristic]

Establishment shills don't want anyone to worry about Covid because it gives them the right to defeat facial recognition.

[LFC_Bitcoin]

https://twitter.com/bitcoin/status/1273624240445706240?s=21