Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8110. (Read 26713246 times)

 :'-( No. Not yet.

 Wish you would have used a tripod or even a table; the motion of the camera was making me feel ill so I couldn't watch it all.  Hope I gained enough of your wisdom to survive in the few minutes i was able to watch.

Does this means you didn't buy your coins back?

President Donald Trump said he was “very happy” with the announcement, adding: “I think that people in the markets should be very thrilled.”

72 hours old:

https://val-media.net/video/48/the-corona-solution?channelName=5e6b9404a4da1

I am even more negative:
Astute observers have been predicting the collapse of the system (including the global financial system) for about the past half-century.  Not “if”, but “when”.
If the current-events trend does not change soon (NOT the damn virus, but people’s reaction to it), well... you may wish that you had traded all of your government-issued toilet paper for literal toilet paper.  (Actually—for food, gold, tools, and weapons.)  Is this a good time to HODL fiat?
Accumulating more Bitcoin right now is a hedge on the potential that S will not totally HTF.  In that case, you may well wish for assets in a form free from direct government control which (if you know what you are doing) is very easy to conceal, transport, and convey.  It is not alarmist to observe that things are already pretty bad in many places.
In case of total SHTF, neither government-issued currency nor the Internet will exist.  In that case, you would need the other side of that hedge:  You need to have spent at least the past few years quietly making the sorts of preparations that most people laugh at.  If you already did that, then you don’t need for me to tell you that now is not a good time to be competing with desperate people for more of things that you already wisely prepared.  Whereas if you didn’t, then starting that now is too late!  Don’t be another desperate headless chicken.  Just buy more Bitcoin, hope for the best... and if you die, at least you will die HODLing.
How is that for negativity?  :-)

Stocks fell sharply on Monday even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak.

The S&P 500 dropped 8.14% shortly after the open, triggering a “circuit breaker” trading halt that will last for 15 minutes. The Dow Jones Industrial Average fell 9.7%, or 2,250 points. The Nasdaq Composite slid 6.1%.

Who's buying the dip then?

Who's buying the dip then? Bitcoin under $5K is a 75% discount folks. As LFC said a few days ago... don't complain later on that you didn't stack satoshis at these cheap prices. While the stock market bounces in a dead cat manner, and Bitcoin corrects and re-tests $4K level support, long-term this is actually very good imo. I think stocks have further to go down (long-term, like another 50% over the coming months), I don't think BTC has much further to go down (long-term, like $2.5K would be my lowest target, unlikely to be reached too). Bitcoin breaking the correlation with global markets is a great thing, even if not in the direction we might all immediately hope for in the short-term.

BTFD  
Not financial advise, but underlining BTFD hehe

Guys, check out silver price. 

In 1 week (3/23): $2,100 - $10,970
In 1 month (4/16): $1,500 - $12,970
In 3 months (6/16): $2,500 - $17,250
In 1 year: (3/16/21): $4,600 - $150,000

Yeah, and I can predict this:
In 1 week: $1,000 - $10,000
In 1 month: $500 - $20,000
In 1 year: $200 - $50,000
In 3 years: $100 - $100,000

Only once treasuries and the dollar itself come under attack, Bitcoin will be truly measured.

According to a legal executive at the Bank of Russia, the country’s major but still unfinalized cryptocurrency legislation — a bill “On Digital Financial Assets” — will ban the issuance and circulation of cryptocurrencies.

... a New York attorney named Frederick Barber Campbell had one deposit at Chase National Bank of over 5,000 troy ounces (160 kg) of gold. When Campbell attempted to withdraw the gold, Chase refused, and Campbell sued Chase. A federal prosecutor then indicted Campbell on the following day (September 27, 1933) for failing to surrender his gold.[12] Ultimately, the prosecution of Campbell failed, but the authority of the federal government to seize gold was upheld, and Campbell's gold was confiscated.