Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8091. (Read 26713542 times)

I remember in 08, I bought gold a some crazy price around $800 in the first panic.

It didn't last long.

Of course, we didn't have Bitcoin back then.

Crude oil prices fall to $25, the lowest since 2003

Pretty much all currencies are going down against the dollar. Weird how that works, isn't it.

RUB down 5%.

Chinese yuan is one of the best performing at -0.25% to USD...

Yet the U.S. are the ones doing the money printing... My only guess is other countries are printing even more?

Weird AF, even if this is exactly what happened in 2008/09.

 I don't believe any of us doubt your ability to compose a lengthy disquisition on the differences between healthy and prudent.  Are you trolling us, Nullius?

Breaking news.
 For the first time in Europe, an italian bank offers direct real bitcoin wallet on their services.

Italian Bank offers Bitcoin Wallet Integration in their Online Platform.

Think about square, but integrated on a traditional bank approach.

I know, not your keys, not your bitcoin.
But a lot of people simply cannot understand how to hodl.
This is a state of the art- secure framework to hodling your funds.

Even if you don't like it (fully legitimate to think so), this is an option for more people to jump in.


Cable going down is good for UK exports.
They export a lot of things, like....
like...

the Pound is tanking.  

GBP/USD ATL from 2016 is broken.

Guys who have any thoughts on technical analysis?
Who is in what position?
After analyzing tradingview, I was able to come to a single conclusion. Now, many traders recommend generally refraining from transactions, but the volatility in% ratio is not bad, I would even say good, and this should be used.
It seems to me that behind all these "problems", many traders generally moved away from trading.
What are yall thoughts?
I am more inclined to short positions, I can also send here my thoughts to tradingview, strangely enough my ideas were supported by a large number of traders.

if this is added, please also add "sit back and watch the panic"

i wondered about the formatting too. i thought maybe some old dos program that you could never let go of.

https://winworldpc.com/product/wordperfect/5x-dos

Completely different monetary system now to back in the great depression days. Printing enough to paper over it is exactly what they will do. The system is designed to make the poor poorer in the long-term, bitcoin is of course the opposite.

Yup, all fiat currencies are meant to go to zero. Just research the history of fiat currencies. They all ended the same way. The current system was destined to die. We are just lucky to witness it happen before our eyes. Hopefully we can see it happen without dying from corona

I gotta say, living in Europe and in a first world country, I am glad I live here and not somewhere else. The government protects businesses and helps my employer with paying for my salary. I know if I lived in a different country I would be out on the streets already.

bingo, 1929 crash was the beginning of deflationary Great Depression, this looks much more like 1929 than 1987 or 2008 so far ... the only ways out are a grinding depression and systemic default of the currency (monetary reset like 1930's) or if they print enough to paper over all the defaults then the wealth divide will increase massively further still and economic stagnation will increase with the even more extreme misallocation of resources ... like Japanese for the last 30 years on steroids.

Firstly:  Yes, inflation since 2013 doesn't account for BTC rise. The driver is success of adoption.

Secondly:  Suppose there is a deflation ?  (the dollar increases in purchasing power). Maybe the drop in all asset values is signalling that future.


I am sure everyone will jump in here to tell me deflation is 'impossible'.  Well, I have heard that from many speculators for the last 30 years, and during that time deflationary trends have gotten steadily stronger.

The deflation can happen by a generalised default. If companies and individuals are already too indebted to take on any more loans on any terms, they will simply go bust. It will not matter how much 'money' is lent to the banking system, or how much 'money' wealthy ppl and businesses have. The only way this can be forestalled is by the money-printers (govt, banks and wealthy creditors) giving it gratis , including large scale debt relief/forgiveness. The mechanism for debt forgiveness is fraught with arguments about unfairness, and therefore very hard to impliment.

... pity about lambie slayer going into a full retard panic about the sclerotic 0.1%er global economy going into the shitter. He was ok until he caught the virus. Now it's like we got infested with another govvie trolling shill disruptor ... like roach got reassigned or something? The global economy was dying long before this angel of death bearing plague showed up, right on time for them sweet corporate and banking bailouts too I might add.

"Herd immunity" crashes and burns, you can catch coronavidae multiple times ... "herd immunity" eugenics is a fancy way of saying let the angel of death keep circulating around the planet until humanity is purged of all the vulnerable, 80 million deaths (1-2% of population). Bill Gates would be impressed. Elon Musk is probably another secret depopulation nerd too.

I know let's unleash some smallpox in lambie's govvie department to get some herd immunity going in the pentagon, or anthrax might be more their tipple?

Gotta be careful in helping out nocoiners too much because frequently they got to being nocoiners for a reason.  So, if you give them or sell them your coins at a discount, they are likely NOT to be responsible with those coins in terms of HODLing them on dips.. Hey, I have no problems with shaving off a little profits on the way up, but I am even disappointed if too many profits are shaved off on the way up because such excessive shaving tends to cause irrational rooting for down, and insufficient stake in up.

In other words, no coiners seem to have intellectual difficulties in holding onto their coins and always having some stake in BTC.

I am not going to concede to being any kind of bitcoin prude.. and there should hardly be any reason to completely convert out of BTC, even if the price is going up outrageously, unless you believe that you are going to die soon or something like that.  Maybe there could be circumstances to help me to change my mind, but they would likely need to be dire poverty circumstances.....   but even people in dire poverty might not even really have abilities to build up a BTC investment stash.. Let's say that someone in dire poverty is able to generate about $400 per month in income (or equivalent to income) and therefore after expenses, they are only able to invest $10 per month into bitcoin, but after a few years, the investment has increased considerably... Not sure if something like that might be possible, so it is difficult to speculate when someone like that is surely likely to have some difficulties, even with the technology and safeguarding their private keys..

I was merely attempting to play (or pray) upon your 80x situation, and sure I had already seen posts from you asserting that you had NOT done well in that 3/12 (thursday) dip.

Hopefully, it all works out for you in terms of playing the volatility to an appropriate degree that allows you to build principle without taking too many risks.

I don't know how d_eddie is playing during these times, but he seemed to have had a very prudent system in which he was constantly taking winnings off of the table, and surely my system is way the hell slower in terms of accumulating BTC because I only play longs (opening and closing longs) and I do not use leverage (except, perhaps, for floating around some free credit card balances from time to time to increase my cashflow).. in part because I am too chicken shit to lose any coins.

Seems like lambie/bambie has transgressed into even higher levels of retardedness if he believes that everyone is a bear who has any questions of bitcoin's price direction at this time.

Of course, lambie bambie was arguing with passion and vigor that everyone had to go "all in" when BTC prices were in the $9ks and $10ks, implying that the only way was up.. and how fucked would those people be (financially and psychologically) if they listened to his moar bullish than anyone else stupidities?

Not a prob. Just been wonderin'. Like, since years.

I suspect that dinner pics, and other such details disappeared from the dude stream for reasons other than corona...

Sometimes, we(s) gots to do what we(s) gots to do.... because the interwebs only needs 1/1,000,000 or fewer peeps of bad integrity to cause "issues"/"inconveniences."


You are pretty damned generous, Cryptotourist.  I must say.  



Lambie-bambie is "channeling"