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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7918. (Read 26609791 times)

legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Patience was rewarded with a price dip. Bought some more. Holding some fiat back should this worsen.

Pick a solid strategy and stick with it. Discipline is everything now.


Admire yourself discipline. I am FOMO dumping my fiat these days, lost all reservations. Bitcoin under $10k, lol.

(In my mind I bought some rusty coins, which makes them even a bit more special. Might deep freeze them for a decade for extra drama.)
legendary
Activity: 3122
Merit: 1538
yes
Dropping these just to show how extraordinary the current price point is. That does not say anything about the future (it could drop more) but with the Halvening approaching I am taking my bet  Cool

DCA some more at this point, gentlemen....

Weekly


3 Day
member
Activity: 371
Merit: 57
... confirmed cases outside china still doubling every 4-5 days. Deaths also doubling every 4-5 days, now at ~25,000.

back-of-envelope ... testing is probably 1 generation behind actual infections and only 20% feel unwell enough to get tested so right now estimated infections is around 5 million. Depending on various health systems ability to cope that means deaths expected globally between 50,000-250,000 in the pipeline ... if all infections stopped today.
In the Netherlands 80% of hospitalized cases is overweight, while "only" 50% of the population is overweight (by Dutch metrics). It's just one data point but it could mean the US healthcare system will be hit harder than what we have seen in Asia. The US does have the advantage of having more time to prepare and start earlier with testing, but that was true for Asian countries outside China as well.

Edit: for reference:
legendary
Activity: 1235
Merit: 1202
Yeah I think things will definitely get worse before they get better... I'm lucky in our country that I'm still able to work. My wife has lost her job until everything re-opens but I'm still able to keep the money coming in. A lot better off than many. Keep safe guys, it's tough out there. Hopefully this time next year all this shit will be behind us and we will be having a 100k party somewhere nice and warm
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
I'm trapped in a month of Sunday's
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
... confirmed cases outside china still doubling every 4-5 days. Deaths also doubling every 4-5 days, now at ~25,000.

back-of-envelope ... testing is probably 1 generation behind actual infections and only 20% feel unwell enough to get tested so right now estimated infections is around 5 million. Depending on various health systems ability to cope that means deaths expected globally between 50,000-250,000 in the pipeline ... if all infections stopped today.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
https://jamanetwork.com/journals/jama/fullarticle/2763852
Quote
Given various combinations of an individual patient’s physiology and environmental conditions, such as humidity and temperature, the gas cloud and its payload of pathogen-bearing droplets of all sizes can travel 23 to 27 feet (7-8 m).
legendary
Activity: 3122
Merit: 1538
yes
Patience was rewarded with a price dip. Bought some more. Holding some fiat back should this worsen.

Pick a solid strategy and stick with it. Discipline is everything now.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
~ cunt talk ~

You didn't think I went to sleep, did ya?



spammie layer and sidekaak seem to have the biggest problems with the 'managing the narrative' on WO.

... free thought and discussion will get disrupted and spammed to death.

~

Temporary global governance and a global budget with globally aligned currencies (one world currency) are the next phases possibly..

#lock.stock.&.2.smoking.barrels.

... is that a physical threat?



Get fucking real for one fucking second bitch. It's a film.

& a fucking good one!
Good morning. Thanks BTC for me waiting with prices a tad higher than last night's dip  Grin
Bought.

Take care, and when you flee your city/country, avoid closed spaces without protection gear,
Have a nice day, ppl.

legendary
Activity: 938
Merit: 2540
<>
Mempool V2
https://mempool.space/

Bitcoin Optech Newsletter #90

Quote
This week’s newsletter summarizes several questions and answers from the Bitcoin StackExchange and describes notable changes to popular Bitcoin infrastructure projects.

https://bitcoinops.org/en/newsletters/2020/03/25/
legendary
Activity: 2268
Merit: 1278
... all those young males running around partying thinking they were bullet-proof to the sars-cov-2 bioweapon Huh
you've been misinformed and you just contracted a virus that may make you impotent.
https://www.scmp.com/news/china/science/article/3077113/wuhan-doctors-plan-long-term-look-coronavirus-impact-male-sex
Quote
Researchers say more studies need to be done on the potential impact of the coronavirus on male reproductive health.Photo: XinhuaResearchers say more studies need to be done on the potential impact of the coronavirus on male reproductive health.Photo: Xinhua
Researchers say more studies need to be done on the potential impact of the coronavirus on male reproductive health.Photo: Xinhua
Doctors in the central Chinese city of Wuhan plan to embark on a long-term study of the effects of the coronavirus
on the male reproductive system, building on small-scale research indicating that the pathogen could affect sex hormone levels in men.

Though still preliminary and not peer reviewed, the study is the first clinical observation of the potential impact of Covid-19, the disease caused by the coronavirus, on the male reproductive system, especially among younger groups.
In a paper published on the preprint research platform medRxiv.org
, the researchers – from Zhongnan Hospital of Wuhan University and the Hubei Clinical Research Centre for Prenatal Diagnosis and Birth Health – said they analysed blood samples from 81 men aged 20 to 54 who tested positive for the coronavirus and were hospitalised in January.

The median age of the participants was 38 and roughly 90 per cent of them had only mild symptoms. The samples were collected in the last days of their stay in hospital.

Using the samples, the team looked at the ratio of testosterone to luteinising hormone (T/LH). A low T/LH ratio can be a sign of hypogonadism, which in men is a malfunction of the testicles that could lead to lower sex hormone production.

The average ratio for the Covid-19 patients was 0.74, about half the normal level.
Historically, 40% of men reproduced and 80% of women did. Men also died a lot more simply due to necessity.

This virus is killing the old (we didn't use to live this long on average), hurting men more than women and shutting down borders (mexico is going to pay for the freakin wall at this rate). It's almost like it was built to bring us back to a more natural state of being.

Too many coincidences to be entirely coincidental.
legendary
Activity: 2268
Merit: 1278
As much as I love our founding documents; brilliant utopianism, best yet, seriously...how often do you get to do that?

The right of the governed to abolish has never been a real thing.

We need something stronger than an appeal to metaphysics in the next iteration.
Militarized public. Freedom is when, and only when, the government fear the people.
legendary
Activity: 2268
Merit: 1278
Hey, here is a short story for you:

Ancient super-civilization is silently watches over Earth.
At some point, seeing that all that accumulation of debt had led to GFC, they decide to influence the creation of bitcoin-a sound money, hoping that earthlings would slowly but surely learn a better way to conduct finances (bitcoin).
Moving forward 11 years and ancients are witnessing a financial tornado (caused, apparently by a virus), printing vast amounts of money, making all kinds of promises of "support".
Nobody is essentially thinking about a "better way" which is becoming smaller than a mouse pimple.
Ancients: "Oh well, we tried".
Fin

Alternatively, this does look like a game or a simulation. What are the chances that several NEVER BEFORE seen events can happen within such a short period of time?
Lowest interest recorded in 5000 years, highest spike in unemployment EVER recorded, highest amount of money printed.
This does not look like a "game" to you?
We are literally living out an Ayn Rand story. Can't wait to see how things develop.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
spammie layer and sidekaak seem to have the biggest problems with the 'managing the narrative' on WO.

... free thought and discussion will get disrupted and spammed to death.

Like mention that SARS-COV-2 is probably manmade virus they will get highly agitated, (therefore is probably the truth govvies are trying desperately to hide)

They attach to thought leaders and attempt reputation-destroying through any means possible ... they always seem to get a little girl crush on me, (roach was the same) so probably same operation, different pseudoyms, yet I hardly ever post on here except when times are 'interesting'.

The response does look highly organised globally, right down to the long delays in closing borders (allow disease to spread widely), the same strict testing requirements until disease has spread and now the same lockdown (crashing of global economies simultaneously). Now we get coordinated suppression of freedom of expression (clampdown on 'misinformation', social media), freedom of movement and pushing millions into dependence upon the welfare states.

Temporary global governance and a global budget with globally aligned currencies (one world currency) are the next phases possibly..


Of course,  certain powers try to be bullies in global matters, but you really believe that there is any meaningful possibility to coordinate enough in any kind of meaningful global governance?  That is not realistic.

Sure, I understand the war on free and open communication on the internet and also war on physical cash, so maybe even some of that  physical cash issue is out of control, because some countries and even businesses likely use physical cash, too... especially internationally.

I don't know if bitcoin fixes this, exactly, but it does seem that bitcoin can keep a decent amount of this in check in terms of limits in which the war on money and the war on information is ongoing and becoming more severe in some ways.
legendary
Activity: 2268
Merit: 1278
- China just sent 150,000 test kits to Prague and 80% of them didn't work.
Made in China.

- U.S. egg prices hit record levels.
I don't understand this one.

- Jerusalem's Church of the Holy Sepulchre, a site revered by Christians around the world, has been closed.
Meanwhile muslims are licking walls and drinking water that their imam spat in (for health!).
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
~ cunt talk ~

You didn't think I went to sleep, did ya?



spammie layer and sidekaak seem to have the biggest problems with the 'managing the narrative' on WO.

... free thought and discussion will get disrupted and spammed to death.

~

Temporary global governance and a global budget with globally aligned currencies (one world currency) are the next phases possibly..

#lock.stock.&.2.smoking.barrels.

... is that a physical threat?



Get fucking real for one fucking second bitch. It's a film.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I'll just leave this epic rant about the $2T (*cough* $14T *cough*) bailout bill here:

https://www.youtube.com/watch?v=D-7uro3A3qU

People often say, well what can the Average Joe do about it? March? Riot? Revolution?

Bitcoin was *literally* created for this reason. It IS the red pill. It IS the Revolution.

#BUYBTC and stop participating in the corrupt fiat monetary system.

Spot on. But I expected the BTC price to have responded by now. So strange that there is still confidence in USD (or any fiat) after the recent creation of a squillion, gazillion USD out of thin air.

#only21million - yet not reflected in the current price.

I can only conclude that very, very few people understand that BTC has a finite supply that cannot be altered. I suspect this is true even of a majority of investors (and this is somewhat substantiated by acquaintances who bought in during the late-2017 hype. They knew nothing of the tech but simply had a huge dose of FOMO).

Let's say for example, there are such persons who invested a decent amount of their initial Lump sum of their initial investment into BTC between early December 2017 and late February 2018, and so they mostly blew their wadd during the highest BTC price points, so their average cost per BTC was around $12k.  Let's say that they had a lump sum of $24k, so they got 2 BTC out of the deal.

So, after March 2018, they had come to feeling a bit disgruntled because they had invested so much into bitcoin, and so at that point, they pondered the situation and rationally concluded that all that they could really reasonably do is to dollar cost average into bitcoin for another year or so, and see where that takes them, so for the next year, until about March 2019 they decide to dollar cost average into bitcoin at about $100 per week which ends up being another $5,200 invested into bitcoin by March 2019.  So let's say that DCA tactic had gotten them another .825 BTC.

Now they have 2.825 BTC and $29,200 invested, which is still about $10,336 per BTC, so they are still a bit aggravated that they are mostly NOT in profits, and they are actually underwater by around 63% because the price at that time is bouncing around in the $3,800 territory.

Remember bitcoin prices had gone from supra $6ks through most of 2018 to testing support in the lower $3ks in November/December 2018, and even largely got stagnated below $4k for most of the first quarter of 2019.  

In the meantime, this hypothetical FOMO buyer from 2017 had been studying into bitcoin and studying into their investment to create some conviction about bitcoin as a dollar hedge, yet they realized that they made some mistakes by throwing so much of their available lump sum investment capital at bitcoin in late 2017 and early 2018, and really they were lucky enough to have a decent enough of a job that they could continue to spare $400 a month for continued DCAing, and they continued to believe in bitcoin and to plug away at their dollar cost averaging approach, even considering that $400 per month was not really breaking them, was allowing them to continue to stack sats and was tending to bring down their average cost per BTC with the passage of additional time buying BTC, so between March 2019 and present, they decided to continue with DCA at $100 per week for another year between March 2019 and present, which ends up resulting in the accumulation of about the same amount of BTC .825 or something like that for that next year between March 2019 and March 2020.

So, if we look at https://dcabtc.com?sd=2018-03-27&sda=2_years&f=weekly&d=2_years&ac=10000&c=true, we will see that investing $100 per week into BTC for the past two years, would have gotten the investor 1.635 BTC at a cost of $10,500, so that investor would be a little below break even for those BTC from the past two years, but if we add those BTC to the 2BTC from the initial lumpsum investment, the investor is still a bit in the red with his/her BTC investment, but still with a decently likely road to profit ahead.

The investor would have a total of 3.635 BTC, and an investment of $34,500 - which would be $9,491 per BTC.  Of course, our current BTC floating price is around $6,250, so such investor would currently still be 35% in the red, even though such investor would have been close to break even during much of February 2020 but the portfolio of this particular FOMO'd in investor still does not seem to be a bad place to be, with a building level of sats, more knowledge about bitcoin, and continuing to DCA with a reasonable amount such as $100 per week is likely to lead to more stacking of BTC, with a reasonable expectation to be in profits in the future, especially if such investor has developed a 5-10 year investment timeline.. and maybe even a longer investment timeline would likely even show more possibilities for a pay off, even though part of the problem was getting in and investing so much at the top of the cycle, but still there is a quite a bit of hope for an investment portfolio like this that continues to just stock away extra side money that they can afford to lose if shit goes to zero.. (which is also seeming increasingly unlikely given the whole state of the bitcoin blockchain and project as a whole, including ongoing building of networking effects, etc).

A person with such an investment profile, might choose to double down at this stage, and hopefully did not do a mindrust when seeing the BTC price drop down to $3,850 a couple of weeks ago.. and did not get out completely in the mid $4ks.

Yeah, sure, BTC prices might return to test $3,850 or even to test $3,124 again, but that potentiality seems like buy opportunity territory to me, because any BTC price below $3k seems almost completely unsustainable under current market conditions, including the fact that bitcoin is not broken in any way, especially with the halvening coming up, and surely bitcoin is likely to continue to serve as a real decent hedge to the "printer goes brrrrr" philosophy that is currently being shown as the solution to a virus and shutting down of industries problem that had already been largely caused by previous "printer goes brrrrrr"... but previously such "printer goes brrrr" philosophy had not been adequately named nor identified.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
spammie layer and sidekaak seem to have the biggest problems with the 'managing the narrative' on WO.

... free thought and discussion will get disrupted and spammed to death.

~

Temporary global governance and a global budget with globally aligned currencies (one world currency) are the next phases possibly..

#lock.stock.&.2.smoking.barrels.

... is that a physical threat?

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
... all those young males running around partying thinking they were bullet-proof to the sars-cov-2 bioweapon Huh
you've been misinformed and you just contracted a virus that may make you impotent.
https://www.scmp.com/news/china/science/article/3077113/wuhan-doctors-plan-long-term-look-coronavirus-impact-male-sex
Quote
Researchers say more studies need to be done on the potential impact of the coronavirus on male reproductive health.Photo: XinhuaResearchers say more studies need to be done on the potential impact of the coronavirus on male reproductive health.Photo: Xinhua
Researchers say more studies need to be done on the potential impact of the coronavirus on male reproductive health.Photo: Xinhua
Doctors in the central Chinese city of Wuhan plan to embark on a long-term study of the effects of the coronavirus
on the male reproductive system, building on small-scale research indicating that the pathogen could affect sex hormone levels in men.

Though still preliminary and not peer reviewed, the study is the first clinical observation of the potential impact of Covid-19, the disease caused by the coronavirus, on the male reproductive system, especially among younger groups.
In a paper published on the preprint research platform medRxiv.org
, the researchers – from Zhongnan Hospital of Wuhan University and the Hubei Clinical Research Centre for Prenatal Diagnosis and Birth Health – said they analysed blood samples from 81 men aged 20 to 54 who tested positive for the coronavirus and were hospitalised in January.

The median age of the participants was 38 and roughly 90 per cent of them had only mild symptoms. The samples were collected in the last days of their stay in hospital.

Using the samples, the team looked at the ratio of testosterone to luteinising hormone (T/LH). A low T/LH ratio can be a sign of hypogonadism, which in men is a malfunction of the testicles that could lead to lower sex hormone production.

The average ratio for the Covid-19 patients was 0.74, about half the normal level.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
As much as I love our founding documents; brilliant utopianism, best yet, seriously...how often do you get to do that?

The right of the governed to abolish has never been a real thing.

We need something stronger than an appeal to metaphysics in the next iteration.
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