Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7986. (Read 26715697 times)

Miner-led selling pressure for Bitcoin is likely to continue to increase because both Bitcoin Cash and Bitcoin SV will be experiencing their halving on April 8 and April 9, respectively. All three assets share the same SHA-256 mining algorithm and miners can seamlessly redirect their hash power to the asset that provides the highest return on investment.

When Bitcoin Cash and Bitcoin SV halve their block rewards, this should force miners to direct even more hash power to Bitcoin as it will still have a 12.5 native unit block reward (instead of 6.25) for about a month longer. Therefore, we should expect difficulty increases for Bitcoin that should further squeeze profit margins for all miners.

It is concerning that miners are in a state of capitulation even before the halving. Once the block reward halves, miner revenue will be cut in half while miner costs will remain constant, so we expect even more miners to capitulate in the months ahead.

Miner capitulation increases selling pressure until inefficient miners are forced off the network, but in the long run these events are supportive for prices. Culling inefficient miners allows only the most efficient miners with the lowest cost of production to remain. Once inefficient miners exit the network, profit margins will improve for the remaining miners, which reduces selling pressure, increases prices, and should repeat in a virtuous cycle. Eventually, if prices bottom and recover, the pro-cyclical behavior of remaining miners should support further price increases.

I am sure his contribution here is actually worth something.  But it surprises me how much I recoil when I read yet another celebrity pontificating about things. It bothers me especially with the whole: "I am not a doctor, but I played on on TV" angle.  What a plastic world we have built.

And boy, I have become cynical.

#covidiot I'm scared, please don't do anything to make that feel foolish or I will have no choice but to lash out.

If we treated Covid-19 like we treat the flu, we'd have millions dead each year.If we didnt put brakes on cars billions would die. Ban cars.

spammie layer and sidekaak seem to have the biggest problems with the 'managing the narrative' on WO. Im embarrassed for being accurately called out as something of a paranoid schizo, just like Roach. I spend a lot of time scaring myself with elaborate and implausible scenarios.

... free thought and discussion will get disrupted and spammed to death.When I get scared and short BTC, I try to spam the stuff that made me panic short, hoping others will listen. More rational WO members easily tear apart my wild theories and poke a bit of fun at me. I hate this so much.

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) Im paranoid to the point I think normal people are working for the government to suppress my super special secret knowledge. I hear medication would help, but I think its a government ruse to keep me sedated.

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'. Im still upset Slayer said I had a vagina. Hurt pride is a bitch.

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.Paranoid copy pasta. Boogey man is gonna getcha, yada yada.

Temporary global governance and a global budget with globally aligned currencies (one world currency) are the next phases possibly..Pro bono proctologists will come down from the sky and insert a galactic currency in your rectum!

Morpheus is not talking about machines anymore. 

https://twitter.com/ColumbiaMSPH/status/1243628860987580420

Hello gang,

I don't usually do this kind of thing, but I'd like to point out a valuable bitcoin related initiative.

Helperbit is an Italian company that deals with Peer to Peer donations, with maximum transparency:


Disclaimer:

• I am not in any way related to Helperbit (I only attended the presentation of their project by their founder Guido Baroncini Turrichia years ago at a Bitcoin Meetup in Milan)
• I also place it above all to give an example of how the blockchain can be used to add transparency to a project
• It is not an obligation to donate funds, everyone makes their own assessments, based on their possibilities, inclinations and preferences.

The main milestone has been reached, 260kg of stuff delivered to Italian #RedCross - Colli Albani!

This shows how it's possible to turn worldwide $BTC donations into tangible assets, in just 2 weeks and spending much less than 1% in fees Rocket

The report:
https://blog.helperbit.com/en/2020/03/30/from-0-to-20-thousand-in-two-weeks-how-the-bitcoin-community-has-helped-italy-to-face-coronavirus-emergency/

#covidiot

If we treated Covid-19 like we treat the flu, we'd have millions dead each year.

Not enough said to convince anyone who can add. I like comparing the relatively trivial China Flu deaths with lots of serious killers besides snake bites. Snake bites is something of a joke with just 80k a year. China Flu might catch up to that(pathetic its taken so long to get halfway), but it is nothing compared to more serious killers.

Lets take the regular flu that frightened hysterics shut down the world for and quiver like scared children over.  

"Seasonal flu kills 291000 to 646000 people worldwide each year"

https://www.medicinenet.com/script/main/art.asp?articlekey=208914

Don't try to argue numbers with Lambie. He just don't want to hear... He is continuously comparing snake bites deaths with coronavirus ones... while ignoring that the real figure of deaths by snake bite in USA is whoooping LESS THAN A DOZEN A *YEAR*.

Nuff said.

As someone who works in healthcare informatics, I just want to mention this is a tremendous doxing.  Is Bruno OK with his PHI being shared here?  (God bless him, by the way)

**EDIT** - I see Bruno posted this himself.  I suppose he's not been exactly anonymous for a long time anyway...  Just in my job I am very familiar with what posting that sort of stuff ultimately means... but he did it himself... it's his data.

Guys, Bruno in need of our help: https://bitcointalksearch.org/topic/--5236380


Can I request homer to create a new hat for me please with something that says help Bruno on it?

Please spread it so that we all can contribute.

... righto champs, chumps (who sold at the bottom?) and sundry muppets (go away already?) time to shine. Ive been preaching doom while shorting, but I just cut my losses and covered. This is my attempt to save face and act bullish. Hopefully Slayer wont come back and make funz of me.

the black friday March 13 crypto bloodbath is behind us, a day that will live in infamy, and tears of bottom sellers. I cried some but better to cover now like Slayer advised me than to take more of a beating.

In deep deep deep bunker quarantine ..... today’s program, buy a few cheap corns at available price of the day (feels like fish and eating the catch of the day)... then re look at my lower orders, see if there could be some adjustments

Then or better say now gonna go for a RUN with one of my dogs .... small chill moment after that and at exactly 14h I’m expected at my girls place for a les mills garden GRITT course!!!

Yeah, didn’t shares this one in the open yet I think.... but I broke up with my GF after a 6.5 years..... few months ago somewhere around my Brazil trip.... and strangely my path lead me to someone new as well... the dude is happy, and willing to make a coiner of this one as well, she smart and interested so when she sees and learns the fundamentals then she will be a coiner as well, I’m sure of that.
Actually to have met someone before this quarantine situation is a blessing as well, the Dude don’t cook very well and sh*t so lucky me ☺️

Not at all sir!



Sir?
Ibian.
What do I win?

Fair to say this out-of-sample-test failed. This indicator goes straight into the garbage