Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7938. (Read 26611018 times)

UK Chancellor just said self employed people will get up to 80% of their earnings but we have to wait until June.
It’ll be a 3 month pay out back dated to now so 3 x 80% what you earn.

It’s a good thing I have a couple of streams of income.

What would, for example a self employed electrician do who isn’t getting any jobs now. ‘Don’t worry, we’ll pay you in June’.

All this whilst teachers are off work until September on 80-100% pay. Farcical by the UK Government.

100% my life.
And that note-it-down thing is whatever doctor/therapist advised to me, until he got to know me better  

working memory is a bitch. You can be intelligent as Einstein, it doesn't matter, bc you benefit much less from your IQ, you can't organise the "results" efficiently.
You come off a little dumb to most normal people, which is good in some way, makes you feel less alienated in company of simpleheads.

What up BTC?
Sideways, then paaamp, break $7k and dimple around between $7k and $7.5k for a while?
Still waiting for that tax refund, but maybe i'll never get some, because economy tumbles into a black hole of Covid19...

EDIT: HEY, I'M A MEMBER NOW  



(Still a newbie at photoshop editing LOL)

"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed"

Now this is bullish to me...
https://cointelegraph.com/news/bitcoin-fares-well-against-fiat-currencies-but-its-in-a-class-of-its-own

For some reason reading that quote I hear it in Charles Bukowski's voice.

Correct

is this a Cacodemon on your hand or have I played to much doom eternal recently?

Good morning all


Bitcoin is trading on decreasing volume in the $6.6k range as we dip into the Cloud testing support levels. Change appears to be on the horizon.

1h


Honey badger continues to prowl sideways while testing resistance levels at the tenkan-sen.
4h


Support is still clinging to the kijun-sen as the trading range continues to narrow.  #dyor
D

#stronghands

I see a lot of fear here about incorrect data about Corona. I like how the Dutch CDC (called the RIVM) does things. Daily update including all the numbers and the explanation of those numbers. See https://www.rivm.nl/sites/default/files/2020-03/Epidemiologische%20situatie%20COVID-19%2026%20maart%202020.pdf for today's numbers. Seems in NL, thing are getting under control with the 'intelligent lockdown' measures.

Edit: Cheers!!!

Cheers

Yeah, that kind of fizzled I know, never got enough response to justify setting up a run.

I should send the prototypes out to the folks that expressed the most interest.

+1 WOsMerit

Its so much worse than you think.


https://www.siliconrepublic.com/machines/coronavirus-coughing-detecting-device

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Freedom is just another word for nothing left to lose.

In recent times, there seems to be some additional (and deserved skepticisms) regarding how the numbers are counted and the extent to which the methods of counting are consistent, and surely we had problems in some other places that tests were not even being done and numbers were not being accurately reported...

I doubt that we even have to proclaim that one area is fraudulent or deceptive, even if they may have been employing different counting methods or even seemingly (relatively speaking) exaggerating or undercounting of the death attributions and/or other related statistics. 

Of course, some news outlets are guilty of the same lack of fair reporting and representations by exaggerating data in one way or another... or even coming to poor/misleading conclusions based on bad, inaccurate or insufficient data.

Since we seem to be in a somewhat liquid situation (current status, and questions about if the bottom is in), I remain somewhat unclear regarding what our reasonable jumping off point would be at this point in time for our current projected exponential cycle.  

Personally, I had assessed the 2015 starting off point as $250 (rather than $200), in part because we spent a decent amount of time bouncing in around that $250 price before the 2 year rise from about October 2015 to December 2017, which I have ended up assigning a 78x, as what I would consider a fair representation of the bottom to the top.  Of course, we did visit sub $200 on at least two significant occasions during that 2015 bottom, which was both January 2015 and late August 2015.

Regarding our current, bouncing off price point, I was kind of debating where reasonably (and fairly) that might be, and before our current price crash to $3,850, I had been thinking around $4,200-ish, even though sub $4,200 might have been more fair, yet it seems that my dilemma about sub $4,200 may have been resolved with our retesting a bottom that reached $3,850.

If that current bottom of $3,850 ends up holding, then $3,850 may be a decently fair number for an overall bottom (or jumping off point), even though we did experience a real low at $3,124, it does not seem that we spent a whole hell of a lot of time in the sub $3,850 territory, and currently, I am not really sure if it would be fair to ascribe anywhere in the $3,850 to $4,200 price area as a fair launching off bottom either...

Probably, ultimately, my current point is that it seems to be a bit too early to decide what would be our fair launching off bottom, until we are sure that the bottom is in as a product of both time and quantity.  

Otherwise, I agree with the overall sentiment of ArminVanBitcoin, that our current price seems to be at some point higher than our likely to be starting off point, and we are likely going to have a decently high exponential growth in BTC prices in the coming years, maybe again lasting a couple of years before getting to the top.. not sure if late 2021 has reasonably been put further off, and of course, we have already witnessed that the specific curves of each of these exponential BTC price rises does NOT end up playing out exactly the same, even if they end up having a lot of areas of overlap (which is I suppose what PlanB is describing as co-integration).

Yet ultimately, I am thinking that we are likely to be quite less than 78x this time around, and 30x to 50x seems to be somewhat more reasonable, given BTC's ongoing greater maturity, which for calculation sake would bring our next top anywhere between $120k-ish and $200k-ish. Of course, we have been seeing some numbers that go much further and even close to $500k, which would put the top over 100x, which seems a bit much to me, but we also know that BTC does have past patterns of overshooting even the most reasonably bullish of expectations.

Don't get me wrong.  If all of this ends up being wrong, and we just have some minor boost that fucks up the various theories and patterns, then I still am going to be financially and psychologically o.k. with that, too... .. The models and patterns still seem to be quite convincing in terms of likely ongoing good times ahead for sat stackers and hodlers.

Privacy Advocates Are Sounding Alarms Over Coronavirus Surveillance



https://www.coindesk.com/privacy-advocates-are-sounding-alarms-over-coronavirus-surveillance

Every time governments say: It is for your safety, you are losing a part of your freedom.

Of course they are.
What you want to do with all that money?

Warning: also in Zimbawe while inflation was at 100% daily the stock market was going up!
Means only real assets are depreciating little slower than money used to price them.

Probably. Then companies can use the federal dollars for stock buybacks at these low low prices.

*munching popcorn*

Wondering what happens next week. 7 millions?

EDIT: Bloomberg fucked up big time this morning with these numbers. Correct date: 21. So numbers for first week of lockdown already included.