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

[cAPSLOCK]

Breaking out of the super tight 1 Day Bollinger Band


is the boring time over?

To your point:



A good question...  but this would not be the first headfake corn has done.  The volume is not super exciting.  And it's seemed like there are participants in the market who really seem to want to keep it in a certain range.. or... maybe I am seeing things.

I would love to see it poke back above that BBand and close there.

[vroom]

Breaking out of the super tight 1 Day Bollinger Band


is the boring time over?

To your point:



A good question...  but this would not be the first headfake corn has done.  The volume is not super exciting.  And it's seemed like there are participants in the market who really seem to want to keep it in a certain range.. or... maybe I am seeing things.

I would love to see it poke back above that BBand and close there.

sooner or later they will run out of bitcoin

[Toxic2040]

the noon wall report at 11:25am

still sideways action until confirmation imo   

zooming out abit its still remarkably flatish looking

I think breaking above $9,529.63(weekly tenken-sen resistance) would be a good indicator on further continuation

#dyor
1h


unicat finds the Sun
4h

#stonkhands

[kurious]

You could always cross check this against "excess deaths" which are much higher this year that last or over the last 5/10 year averages. That's a lot harder to hide/fudge as you would have to go back into the past to fudge the numbers. And I doubt either Trump or Biden has a hot tub time machine.

Yes, last I checked UK excess deaths were up as much as, and indeed more than, COVID-19 reported deaths. If Covid deaths were predominantly categorisation errors, then we shouldn't have observed this increase.

A death in the UK is only a Covid death if the deceased tested positive for the disease - even if the death certificate states it was Covid-19.  

1. Given the testing issues the UK had, it is considered by many (including the Office Of National Statistics) that deaths are under-counted, not exaggerated.  

2. The apocryphal 'they put Covid on the death certificate' stories are not counted as official Covid deaths in the UK as it stands.

You are quite right that excess deaths indicate strongly there must have been more deaths, this is a commonly used statistical measure - and it is hugely off confirming the 'official government' statistics.  

That said, in this time where social media or biased media are now the main sources of 'accepted truth', real truth is a rare commodity; claimed by many, actually spoken by few.

[infofront]

Ok, however insurance companies have a vested interest to pay out as little as possible, so if a hospital was doing this they would be nailed to a cross in short order. I doubt the value increased would offset the risks taken so probably not.

Not true. They just pass on the costs to their customers in the form of increased premiums. I worked in the anti-fraud division of a major health insurer for a number of years. It was depressing to see exactly how much hospitals can get away with and how little the insurance companies are willing to do about it. There's a lot of dynamics at play here, like hospital physicians sitting on the medical boards of the insurance companies. The insurance companies have no interest to pay out as little as possible, I promise you.

Right. It seems to me the insurance companies would want to pay out as much as possible. The more they pay out, the more they charge. The more they charge, the more profit they profit.

https://www.npr.org/sections/health-shots/2018/05/25/613685732/why-your-health-insurer-doesnt-care-about-your-big-bills

Turns out, insurers don't have to decrease spending to make money. They just have to accurately predict how much the people they insure will cost. That way they can set premiums to cover those costs — adding about 20 percent for their administration and profit. If they're right, they make money. If they're wrong, they lose money. But, they aren't too worried if they guess wrong. They can usually cover losses by raising rates the following year.

[Hueristic]

I said "that's it, I'd rather die than do this for another day," and I switched to self-employment afterward.

It hasn't been a cakewalk but I'm happy knowing I will never step foot in a cubicle ever again, working for completely corrupted fuckheads who value money over human life.

Welcome to the free world. Congratulations.

Yeah, I am kind of the opposite of that, I guess.  Was a performing drummer, and studio owner for decades before accidentally getting into what I do now.  It's definitely a gilded cage.

Knowing your in a cage no matter how gilded puts you far ahead of most of the working population that support a system they are incapable of seeing beyond.

We all have to make choices but its nice doing it with your eyes open as opposed to wearing blinders, whether by ignorance or choice.

[Hueristic]

BCBS... ah you poor bastard    Maybe its KP, either way... I hated everything about that industry. Fully rotten to the core. After getting fired for not backing down on a case against a fraudulent ophthalmologist who was billing the insurance plan for botox done on her crooked doctor pals, it took me one final job working for a vastly overpricing specialty drug insurance company before I said "that's it, I'd rather die than do this for another day," and I switched to self-employment afterward.

It hasn't been a cakewalk but I'm happy knowing I will never step foot in a cubicle ever again, working for completely corrupted fuckheads who value money over human life.

Congrats, its alot tougher than people think to walk this line and hold your head up high. Many times it precluded life goals such as breeding.

Life is nothing but choices and we are all defined by our weakest ones.



I've never been fired from a job but I have quit many and once I was not hired after the probationary period because I refused to participate in the fraud they perpetrated on the customers during a audit. It of course was a utility company that is a monopoly and I should have done more than just refused to be a part of it but I was like 20 and every other person was a willing participant and I was derided for not being a part but I know that I am not a scumbag thief partaking in legal theft. I was quit surprised to find out every single other person was just fine with cooking the books to steal, I guess I was raised as an aboration to believe being honest was the norm.

[Biodom]

I said "that's it, I'd rather die than do this for another day," and I switched to self-employment afterward.

It hasn't been a cakewalk but I'm happy knowing I will never step foot in a cubicle ever again, working for completely corrupted fuckheads who value money over human life.

Welcome to the free world. Congratulations.

Yeah, I am kind of the opposite of that, I guess.  Was a performing drummer, and studio owner for decades before accidentally getting into what I do now.  It's definitely a gilded cage.

Knowing your in a cage no matter how gilded puts you far ahead of most of the working population that support a system they are incapable of seeing beyond.

We all have to make choices but its nice doing it with your eyes open as opposed to the blinders whether by ignorance or choice.

I still draw a salary, but, if and when btc gets to 100K+/-25K, I think I am done.
Lately, especially with covid, a lot of nonsense is coming down the pike.
So very tired of seeing nincompoops making the "new" rules at my place of work.

[Hueristic]

I said "that's it, I'd rather die than do this for another day," and I switched to self-employment afterward.

It hasn't been a cakewalk but I'm happy knowing I will never step foot in a cubicle ever again, working for completely corrupted fuckheads who value money over human life.

Welcome to the free world. Congratulations.

Yeah, I am kind of the opposite of that, I guess.  Was a performing drummer, and studio owner for decades before accidentally getting into what I do now.  It's definitely a gilded cage.

Knowing your in a cage no matter how gilded puts you far ahead of most of the working population that support a system they are incapable of seeing beyond.

We all have to make choices but its nice doing it with your eyes open as opposed to the blinders whether by ignorance or choice.

I still draw a salary, but, if and when btc gets to 100K+/-25K, I think I am done.
Lately, especially with covid, a lot of nonsense is coming down the pike.
So very tired of seeing nincompoops making the "new" rules at my place of work.

I would say a vast majority of BTC adopters are here to break free of the chains of the self serving scumbag shortsighted idiots that control this world.

[Hueristic]

Ok, however insurance companies have a vested interest to pay out as little as possible, so if a hospital was doing this they would be nailed to a cross in short order. I doubt the value increased would offset the risks taken so probably not.

Not true. They just pass on the costs to their customers in the form of increased premiums. I worked in the anti-fraud division of a major health insurer for a number of years. It was depressing to see exactly how much hospitals can get away with and how little the insurance companies are willing to do about it. There's a lot of dynamics at play here, like hospital physicians sitting on the medical boards of the insurance companies. The insurance companies have no interest to pay out as little as possible, I promise you.

Right. It seems to me the insurance companies would want to pay out as much as possible. The more they pay out, the more they charge. The more they charge, the more profit they profit.

https://www.npr.org/sections/health-shots/2018/05/25/613685732/why-your-health-insurer-doesnt-care-about-your-big-bills

Turns out, insurers don't have to decrease spending to make money. They just have to accurately predict how much the people they insure will cost. That way they can set premiums to cover those costs — adding about 20 percent for their administration and profit. If they're right, they make money. If they're wrong, they lose money. But, they aren't too worried if they guess wrong. They can usually cover losses by raising rates the following year.

Sadly I had a Dentist charge my insurance for work that he fucked up and had to redo and I of course told him to fuck off when he had the nerve to try to charge me the co pay and when they kept busting my balls about it I said fuck you pricks and called the insurer to report them for fraud and the insurer would not even take the assholes information and literally told me they don't care. I smashed the guys windshield one day.

[Hueristic]

Nice to see a little northerly progression above that 9300 mark, its cool that the quality of posts really does reflect the price.

One of you data nerds could have fun charting that!


https://youtu.be/B0x_dFMnZVI

[sirazimuth]

..... I smashed the guys windshield one day.

yikes....

(no worries mate, you don't have to spot me sixteen merits for this post. Its been taken care of already....)

[Hueristic]

..... I smashed the guys windshield one day.

yikes....

(no worries mate, you don't have to spot me sixteen merits for this post. Its been taken care of already....)

Rotflmao


So anyway here's a little more info on why I did that. He was hungover working on my front tooth laminate and he slipped and ground my other front tooth right across the face and I ended up having to get that whole tooth ground down and laminated to match but to make matters worse the asshole made the tooth 2 shades too yellow and it looked brutal for a few months while I waited for another appointment to get it redone. And Then after getting it redone he had the nerve to charge ME and the insurance again. I was gonna kick that fuckers ass but I could never catch him in the parking lot so I got sick of driving out of my way and just did the windshield.

[BitcoinNewsMagazine]

You need a new dentist mate. I had a zirconia crown fracture after only two years and my guy replaced it for free. If he was really hungover he might have a substance abuse problem and reporting him to the state dental regulatory authorities would be more productive than smashing a windshield (maybe not as satisfying but if you were caught on a surveillance camera you could have been arrested ... cameras are everywhere nowadays.)

[yefi]

So Corona deaths are not real?

I think you're chewing on the wrong end of my stick old boy, because their deaths are very real in my opinion.

That said, in this time where social media or biased media are now the main sources of 'accepted truth', real truth is a rare commodity; claimed by many, actually spoken by few.

With the rising tide of illiberalism, spoken by ever fewer.

[BobLawblaw]

https://twitter.com/whale_alert/status/1285688655261192193

[Hueristic]

You need a new dentist mate. I had a zirconia crown fracture after only two years and my guy replaced it for free. If he was really hungover he might have a substance abuse problem and reporting him to the state dental regulatory authorities would be more productive than smashing a windshield (maybe not as satisfying but if you were caught on a surveillance camera you could have been arrested ... cameras are everywhere nowadays.)

That was back in the 90's no camera worries and I never went back to him. He had told me he was hungover from sailing the day before while he was doing the tooth. He was a nice guy and did competent work until he tried to screw me. Funny, I just remembered his name and checked and he had a 5 star rating so I hosed that with a 1 star review.

[Toxic2040]

these charts just illustrate a percentage change from a common point over a period of time   #dyor


BTC vs JPM vs S&P500

D


btc vs eth vs ltc

D

[BitcoinNewsMagazine]

https://twitter.com/bbands/status/1285596975358935040?s=12

[soxxx]

The US dollar is about to break 10 year support.

Come on Bitcoin, the time is now!!!!!