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

[bitcoinPsycho]

Damn it buddy, its supposed to go up after I post....

Do it again

[d_eddie]

COVID found me too….

First time…. It took a long time ….

This virus aggression will not be tolerated, man.

It's just a flu.

Have a White Russian when you can, milk will do you good.

[cAPSLOCK]

Well... you know...

I am not putting the clown suit away just yet.

[shahzadafzal]

https://twitter.com/btc_archive/status/1489599183636025347?s=21

Just had a small discussion regarding this tweet with one of my friend and it went very interesting so I thought of sharing it with my WO bros.

So, In above poll although at first i selected “NO” without much thought, but when I saw 26% saying “YES” I gave a little thought and I realize may be this is an option too and after discussing with my friend it looks like yes this is an option too.

Ok so there could be two basic scenarios:

1.Let say bank accepts your bitcoins investment and promises you a certain interest rate let say 1% in BTC annually. This will be a great option indeed, your bitcoins are actually increasing and without any fears of inflation. But if you keep it with you, let say you invested 2 btc, your 2 bitcoins will be 2 bitcoins after a year but in bank case it will be  2.02 BTC.

2. In second scenario let say bank accept your bitcoins but wants to pay you interest not in BTC but fiat like $ and let say it’s 5% (5% of your equivalent fiat investment). Still in this scenario you are safe. Your bitcoins are safe, not increasing but not decreasing too and on top of that you are getting some cash which you can spend on any thing and your original bitcoins remains same.

3. Third scenario is you don’t invest but you just store it, and yes you can access it through your banking app similar to any wallet and you can easily convert it into your desired currency on the go and withdraw the money when needed. Yes some fee in fiat is applicable.

Well please don’t bring “not your keys, not your bitcoins” into this because that’s a different concept and I totally accept it. But in this case bank promised you it’s your bitcoins and on your demand you will get it back.

What you guys think?

[ChartBuddy]

Explanation

[Hueristic]

What you guys think?

I think the more institutional control you give over your coins the more rehypothecation and derivative shorts you will see.

So you are shooting yourself in the foot for a lousy few percent while you would be allowing them to use your coins to suppress the natural price increase built into the system.

TLDR: not your keys.

[Hueristic]

Got curious about "Reacher", but could only find season one on Piratebay, any tips on where I can find the rest of it?

https://www.imdb.com/title/tt9288030/

[Copetech]

https://twitter.com/btc_archive/status/1489599183636025347?s=21

Just had a small discussion regarding this tweet with one of my friend and it went very interesting so I thought of sharing it with my WO bros.

So, In above poll although at first i selected “NO” without much thought, but when I saw 26% saying “YES” I gave a little thought and I realize may be this is an option too and after discussing with my friend it looks like yes this is an option too.

Ok so there could be two basic scenarios:

1.Let say bank accepts your bitcoins investment and promises you a certain interest rate let say 1% in BTC annually. This will be a great option indeed, your bitcoins are actually increasing and without any fears of inflation. But if you keep it with you, let say you invested 2 btc, your 2 bitcoins will be 2 bitcoins after a year but in bank case it will be  2.02 BTC.

2. In second scenario let say bank accept your bitcoins but wants to pay you interest not in BTC but fiat like $ and let say it’s 5% (5% of your equivalent fiat investment). Still in this scenario you are safe. Your bitcoins are safe, not increasing but not decreasing too and on top of that you are getting some cash which you can spend on any thing and your original bitcoins remains same.

3. Third scenario is you don’t invest but you just store it, and yes you can access it through your banking app similar to any wallet and you can easily convert it into your desired currency on the go and withdraw the money when needed. Yes some fee in fiat is applicable.

Well please don’t bring “not your keys, not your bitcoins” into this because that’s a different concept and I totally accept it. But in this case bank promised you it’s your bitcoins and on your demand you will get it back.

What you guys think?

I think Crypto.com is already offering almost everything you described there.

[CistaCista]

Re: COVID

It’s clear that Sweden was probably the country that reacted most sensibly of all to the pandemic, with measures that were largely proportionate to the size of the threat.

Well. What you are not saying is that there has not been a day without restrictions in Sweden since March 2020. During a few periods of this time they have even had harder restrictions than their neighbours Norway and Denmark. If they had not had these restrictions, more people would have died.

What is your obsession with Sweden anyway? Could it be you don't want us to remember the military trucks driving out scores of dead from Bergamo, or the stacks of missing bodies found in trucks in New York? Instead of Sweden, why don't we instead talk about Peru, where 0.6 % of the population died from alpha/delta, or Bulgaria or Hungary, where close to 0.5 % of the population died from alpha/delta. All points to alpha/delta having a mortality of around 1 % if not for lockdowns and other measures.

You end by concluding that the higher mortality in the US than in Sweden, was caused by the "disastrous effect of lockdowns on public health". This is where you prove your insanity, or, to give you the benefit of the doubt, your belief that you are only talking to retarded Americans:

Around 150 countries around the world have had lockdowns, and most of these countries have experienced far fewer deaths than Sweden. After the alpha wave, which is where Sweden's course of action diverged most from its neighbours, the deaths per capita in Sweden were 5-10 times higher than its neighbours Denmark, Norway and Finland, which all implemented hard lockdowns in spring 2020. At this point Sweden was in the top-10 of countries with most deaths per capita in the world.

Since they aligned their restrictions to similar levels as their neighbours, at points even harsher, and with the rollout of vaccines, Sweden has steadily improved. Some Swedes kept saying that the neighbouring countries would catch up to the death totals over time. Well they were wrong, because here we are, with an Omikron strain that does not kill anybody that have had their 3 or 4 shots.

[jojo69]

https://gsaauctions.gov/gsaauctions/aucdsclnk?sl=AXQSCI22002706

[ChartBuddy]

Explanation

[savetherainforest]

https://twitter.com/btc_archive/status/1489599183636025347?s=21

Just had a small discussion regarding this tweet with one of my friend and it went very interesting so I thought of sharing it with my WO bros.

So, In above poll although at first i selected “NO” without much thought, but when I saw 26% saying “YES” I gave a little thought and I realize may be this is an option too and after discussing with my friend it looks like yes this is an option too.

Ok so there could be two basic scenarios:

1.Let say bank accepts your bitcoins investment and promises you a certain interest rate let say 1% in BTC annually. This will be a great option indeed, your bitcoins are actually increasing and without any fears of inflation. But if you keep it with you, let say you invested 2 btc, your 2 bitcoins will be 2 bitcoins after a year but in bank case it will be  2.02 BTC.

2. In second scenario let say bank accept your bitcoins but wants to pay you interest not in BTC but fiat like $ and let say it’s 5% (5% of your equivalent fiat investment). Still in this scenario you are safe. Your bitcoins are safe, not increasing but not decreasing too and on top of that you are getting some cash which you can spend on any thing and your original bitcoins remains same.

3. Third scenario is you don’t invest but you just store it, and yes you can access it through your banking app similar to any wallet and you can easily convert it into your desired currency on the go and withdraw the money when needed. Yes some fee in fiat is applicable.

Well please don’t bring “not your keys, not your bitcoins” into this because that’s a different concept and I totally accept it. But in this case bank promised you it’s your bitcoins and on your demand you will get it back.

What you guys think?

Yes... but in a case of a war... or a pandemic (LOL). A bank might block your funds and don't let you or want you to leave the country to abandon ship. Or some internal job theft.

[Richy_T]

What you guys think?

I think you probably need some sleep.

[shahzadafzal]

What you guys think?

I think you probably need some sleep.

That is so freaking true…!!!

I think new $40k feeling is overwhelming.

[ChartBuddy]

Explanation

[machasm]

What you guys think?

Just No!
It is exactly that reasoning that got us in the sh!t the first time round with Gold.
Don't get greedy trying to squeeze out a measly couple of percent.
By holding our on keys with ensure bitcoins decentralisation which means that we can't be hoodwinked by the establishment again.
Sheesh get some sleep man.

[serveria.com]

Re: COVID

It’s clear that Sweden was probably the country that reacted most sensibly of all to the pandemic, with measures that were largely proportionate to the size of the threat.

Well. What you are not saying is that there has not been a day without restrictions in Sweden since March 2020. During a few periods of this time they have even had harder restrictions than their neighbours Norway and Denmark. If they had not had these restrictions, more people would have died.

What is your obsession with Sweden anyway? Could it be you don't want us to remember the military trucks driving out scores of dead from Bergamo, or the stacks of missing bodies found in trucks in New York? Instead of Sweden, why don't we instead talk about Peru, where 0.6 % of the population died from alpha/delta, or Bulgaria or Hungary, where close to 0.5 % of the population died from alpha/delta. All points to alpha/delta having a mortality of around 1 % if not for lockdowns and other measures.

You end by concluding that the higher mortality in the US than in Sweden, was caused by the "disastrous effect of lockdowns on public health". This is where you prove your insanity, or, to give you the benefit of the doubt, your belief that you are only talking to retarded Americans:

Around 150 countries around the world have had lockdowns, and most of these countries have experienced far fewer deaths than Sweden. After the alpha wave, which is where Sweden's course of action diverged most from its neighbours, the deaths per capita in Sweden were 5-10 times higher than its neighbours Denmark, Norway and Finland, which all implemented hard lockdowns in spring 2020. At this point Sweden was in the top-10 of countries with most deaths per capita in the world.

Since they aligned their restrictions to similar levels as their neighbours, at points even harsher, and with the rollout of vaccines, Sweden has steadily improved. Some Swedes kept saying that the neighbouring countries would catch up to the death totals over time. Well they were wrong, because here we are, with an Omikron strain that does not kill anybody that have had their 3 or 4 shots.

Thanks for this quality post. Wanted to reply to Arrie but you saved me at least 30 minutes of my life. 100% correct and based on facts only. 

[ChartBuddy]

Explanation

[serveria.com]

Re: COVID

It’s clear that Sweden was probably the country that reacted most sensibly of all to the pandemic, with measures that were largely proportionate to the size of the threat.

Well. What you are not saying is that there has not been a day without restrictions in Sweden since March 2020. During a few periods of this time they have even had harder restrictions than their neighbours Norway and Denmark. If they had not had these restrictions, more people would have died.

What is your obsession with Sweden anyway? Could it be you don't want us to remember the military trucks driving out scores of dead from Bergamo, or the stacks of missing bodies found in trucks in New York? Instead of Sweden, why don't we instead talk about Peru, where 0.6 % of the population died from alpha/delta, or Bulgaria or Hungary, where close to 0.5 % of the population died from alpha/delta. All points to alpha/delta having a mortality of around 1 % if not for lockdowns and other measures.

You end by concluding that the higher mortality in the US than in Sweden, was caused by the "disastrous effect of lockdowns on public health". This is where you prove your insanity, or, to give you the benefit of the doubt, your belief that you are only talking to retarded Americans:

Around 150 countries around the world have had lockdowns, and most of these countries have experienced far fewer deaths than Sweden. After the alpha wave, which is where Sweden's course of action diverged most from its neighbours, the deaths per capita in Sweden were 5-10 times higher than its neighbours Denmark, Norway and Finland, which all implemented hard lockdowns in spring 2020. At this point Sweden was in the top-10 of countries with most deaths per capita in the world.

Since they aligned their restrictions to similar levels as their neighbours, at points even harsher, and with the rollout of vaccines, Sweden has steadily improved. Some Swedes kept saying that the neighbouring countries would catch up to the death totals over time. Well they were wrong, because here we are, with an Omikron strain that does not kill anybody that have had their 3 or 4 shots.

Thanks for this quality post. Wanted to reply to Arrie but you saved me at least 30 minutes of my life. 100% correct and based on facts only. 

[NeuroticFish]

What you guys think?

1. Bitcoin was made to avoid, where possible, banks. If greed will get bitcoin to banks we are all fucked.
2. If banks will have big amounts of bitcoin, they will probably start doing reserve banking off it. Lovely.
3. Banks can, for various reasons, lock or seize the money you think it's yours (but.. not your keys, not your coins).

All in all, you have a chance to get some pennies richer if you do this, but on the long term, both you and Bitcoin itself will lose.

This is what I think.