Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8281. (Read 26710965 times)

legendary
Activity: 2520
Merit: 3038
Virus talk? Boring.
Bitcoin? Not too interesting.
Haikus still a thing.
legendary
Activity: 2520
Merit: 3038
There's a reason why beer is bottled in brown glass (or at worst green) in most places. It cuts down on UV light and keeps beer from becoming prematurely skunky.

Corona is pre-skunked. It's bad enough here in Mexico where it's considered cerveza turista, but by the time it's traveled to other countries, it's pretty dismal.

Indeed, the white glass doesn't stop algae and other nice light depending organisms from thriving. The resulting skunk is the reason why people often drink Corona with a slice of lime stuffed in the bottle.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
There is very little left for Bitcoin Halving, and the world with a developing Fundamental like Coronavirus, gold loses 7%, great opportunity to buy and Hodl now more than ever.

Quote
#Bitcoin  halving 2 months to go .. 2 more blue dots, then REDCohete

For new followers:
- Original S2F model article (22/3/2019):
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
- S2F model and EMH article (17/1/2020):
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107


Source: https://twitter.com/100trillionUSD/status/1234105954930741250
So you really think bitcoin will reach $100k this year or the next one?  Shocked You're serious?  Cheesy

Would not astonish me.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Ouch. How low can we go?

What would be the March bottom?


I guess we can dip into low 8xxx... but should recover by April, hopefully.

I imagine there will be a FOMO run up to the halving where we go over $10,000 again.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
Going back to the base.
Bye bye mountain hut.
Hello COVID infected city:

Quote

Italy Cases Surge 50%; U.S., Japan Warn on Travel: Virus Update

Sunday, March 1, 2020 06:24 PM
By Bloomberg News

WHO says no pandemic; Rhode Island reports first infection
U.S., Australia, Thailand report deaths; Mideast markets slide
(Bloomberg) --Italy reported a 50% surge in new coronavirus cases as deaths reached 34 while the U.S. and Japan issued “do-not-travel” warnings for affected regions of Italy and South Korea.
Iran reported a jump in infections and 11 deaths as the World Health Organization prepared to send a larger team and the government planned a crackdown. The U.S., Australia and Thailand had fatalities.

The U.S. will speed distribution of tests to help states diagnose the illness. Middle East markets slumped as more cases were announced.

Key Developments

Iran infections almost double; cases in Spain jump
South Korea added 586 cases, taking total to 3,736 with 18 deaths
First U.S. death in Washington State as governor declares emergency
China reported 35 new deaths -- the lowest in three days
Czech Republic reports first cases

legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Both better choices over Corona. I'd say Pacifico is as well, but I draw the line at Modelo...

I'd drink Corona with a lime, though. Makes it a bit smoother.

People should have stopped drinking Corona already, but they had excellent marketing.



But I don't think anything is going to help them overcome their current problems, not even this...


WO +1 merit sent if I had any Embarrassed
So to get you to 2800 mark!
It just looks good. Wink

$8488

Will it go below $8421 and possibly trigger a more severe sell off ? Stay tuned...

I see it at $8474 on preev (I know bitstamp price is only allowed on the thread! Roll Eyes ) and going down but its the weekend.

Ouch. How low can we go?
What would be the March bottom?
I guess we can dip into low 8xxx... but should recover by April, hopefully.

Don't know why since Australia court judge ruled yesterday bitcoin is legitimate collateral to pay off the plaintiff, this court case which is still ongoing.
Meaning, It is just as legal as fiat.
https://cointelegraph.com/news/australian-judge-says-crypto-is-a-legitimate-investment-vehicle

Good to know bitcoin can't be a fake like gold can via branding. Undecided
https://twitter.com/Reuters/status/1166785015872548864
legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
Ouch. How low can we go?

What would be the March bottom?


I guess we can dip into low 8xxx... but should recover by April, hopefully.
JL0
full member
Activity: 817
Merit: 158
Bitcoin the Digital Gold
We need to stay above the 20WMA and $8500

The bears must be punished

legendary
Activity: 2548
Merit: 1245
$8488

Will it go below $8421 and possibly trigger a more severe sell off ? Stay tuned...
legendary
Activity: 3010
Merit: 8114
Corona is pre-skunked. It's bad enough here in Mexico where it's considered cerveza turista, but by the time it's traveled to other countries, it's pretty dismal.

https://knowyourmeme.com/photos/242934-the-most-interesting-man-in-the-world



Salud!

Both better choices over Corona. I'd say Pacifico is as well, but I draw the line at Modelo...

I'd drink Corona with a lime, though. Makes it a bit smoother.

People should have stopped drinking Corona already, but they had excellent marketing.




But I don't think anything is going to help them overcome their current problems, not even this...

member
Activity: 371
Merit: 57
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Corona is pre-skunked. It's bad enough here in Mexico where it's considered cerveza turista, but by the time it's traveled to other countries, it's pretty dismal.

https://knowyourmeme.com/photos/242934-the-most-interesting-man-in-the-world



Salud!
legendary
Activity: 2268
Merit: 1278
The main problem is not the virus itself. It's the fact that our supposed leaders and protectors are intentionally ignoring or even deliberately making it worse. And also the secondary effects, such as empty store shelves and general panic.

ahem

Let's stop being so damn paranoid.
I don't know what kind of point you are trying to make.
sr. member
Activity: 720
Merit: 388
There is very little left for Bitcoin Halving, and the world with a developing Fundamental like Coronavirus, gold loses 7%, great opportunity to buy and Hodl now more than ever.

Quote
#Bitcoin  halving 2 months to go .. 2 more blue dots, then REDCohete

For new followers:
- Original S2F model article (22/3/2019):
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
- S2F model and EMH article (17/1/2020):
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107


Source: https://twitter.com/100trillionUSD/status/1234105954930741250
So you really think bitcoin will reach $100k this year or the next one?  Shocked You're serious?  Cheesy

According to the graph, $100k will be reached sometime in 2022.


2022, 2023, 2025, who cares? The main thing is that $100k will be reached.

Sit back, relax, and HoDL. This is fine.



BIG difference between reach 100K (and more) and stay above for a while...

According to PlanB, "must" be reach before end 2021.

IMO, can be really possible, even before end 2021. When you will reach first, the previous ATH, then you can have a peak at 100K$ or 300k$, nobody can affirm.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Good morn Bitcoinland.
Have a nice haiku Sunday.
Still going sideways.

The current price is
Eight five six five US bucks
(Bitcoinaverage)

Go go Bitcoin go.
Go go Bitcoin go go go
Go Bitcoin go go.

- 38% of Americans wouldn't buy Corona beer because of the coronavirus.
I bought it because funny. But only once, now I won't buy it because it tastes like horse piss Sad

I've never tasted horse piss but I imagine it tastes like Corona. What do they expect when it's bottled in clear glass.

There's a reason why beer is bottled in brown glass (or at worst green) in most places. It cuts down on UV light and keeps beer from becoming prematurely skunky.

Corona is pre-skunked. It's bad enough here in Mexico where it's considered cerveza turista, but by the time it's traveled to other countries, it's pretty dismal.

https://knowyourmeme.com/photos/242934-the-most-interesting-man-in-the-world
copper member
Activity: 2898
Merit: 1465
Clueless!
Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.

The problem is that a fair amount of BTC is owned or at least manipulated by Wall Street and large institutions like Bakkt and the CME. Wall Street views bitcoin has an extremely high risk asset, meaning it is the first asset to get sold off whenever there is a panic of sorts. Only after Wall Street has minimized its involvement with BTC and regular folks feel comfortable with their amount of fiat money will BTC's price begin to stabilize.

Sorry to be the bearer of bad news, but that's what I believe.

This is also true of any crisis..imagine you are trying to prepare your likely 'emergency fund' which also likely is empty....in say Venezuela

Any of that current currency, if you have such, is probably getting even more worthless due to last week's dump of stocks/BTC/etc. So you can

dig out your hidden emergency gold and/or stocks or take out a loan (all doubtful) or you can liquidate that Bitcoin you've been accumulating

that you were and are buying food, in say Paraguay or some such, because they never will again take Venezuelan currency.

But with this handy/dandy BTC/crypto with the ability to get USD out of such back from BTC and into say USD into your phone, you now can stock up for coronavirus.

This is happening with everyone around the world due to the instant and easy liquidation of BTC/Crypto for such pandemics we may be in the process of having.

So, BTC as plan-B for emergencies this should NOT be a surprise. Was to me, just saying, it should not have been. This easy liquidation is a feature of BTC, the same

as accumulation is.

So we will see how this pans out if/when the stock market continues to fall and other things happen....currencies get manipulated around the world and IMHO

BTC  price will swing back to upward and accumulation will resume and such BTC for the same ease of use above and BTC's decentralized nature.

But this time as a store of value, for these further games by governments and the next round or two of emergencies with this crisis. Again, IMHO. This liquidation

as a phase of BTC/crypto sales and price, dumping is just the 1st act of this whole coronavirus, again IMHO. Boom or Doom, we will be the first to know!

later

Brad
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Fox Kitten Campaign

Widespread Iranian Espionage-Offensive Campaign



https://www.clearskysec.com/wp-content/uploads/2020/02/ClearSky-Fox-Kitten-Campaign.pdf


Quote
The initial  breach of  the  targeted  organizations  was performed,  in  most  cases,  by  exploiting  1-day vulnerabilities in different VPN services such as: Pulse Secure VPN, Fortinet VPN, and Global Protect by Palo Alto Networks.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morn Bitcoinland.
Have a nice haiku Sunday.
Still going sideways.

The current price is
Eight five six five US bucks
(Bitcoinaverage)

Go go Bitcoin go.
Go go Bitcoin go go go
Go Bitcoin go go.

- 38% of Americans wouldn't buy Corona beer because of the coronavirus.
I bought it because funny. But only once, now I won't buy it because it tastes like horse piss Sad

I've never tasted horse piss but I imagine it tastes like Corona. What do they expect when it's bottled in clear glass.

There's a reason why beer is bottled in brown glass (or at worst green) in most places. It cuts down on UV light and keeps beer from becoming prematurely skunky.

Corona is pre-skunked. It's bad enough here in Mexico where it's considered cerveza turista, but by the time it's traveled to other countries, it's pretty dismal.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
There is very little left for Bitcoin Halving, and the world with a developing Fundamental like Coronavirus, gold loses 7%, great opportunity to buy and Hodl now more than ever.

Quote
#Bitcoin  halving 2 months to go .. 2 more blue dots, then REDCohete

For new followers:
- Original S2F model article (22/3/2019):
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
- S2F model and EMH article (17/1/2020):
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107


Source: https://twitter.com/100trillionUSD/status/1234105954930741250
So you really think bitcoin will reach $100k this year or the next one?  Shocked You're serious?  Cheesy

According to the graph, $100k will be reached sometime in 2022.

2022, 2023, 2025, who cares? The main thing is that $100k will be reached.

Sit back, relax, and HoDL. This is fine.
legendary
Activity: 2604
Merit: 2353
The monthly update:



Not much to report, happy I bought one of the dips last month around 9480 USD. DCA is working fine at the moment. Cheesy

Other than that... got my second flu or something like that this season, even though my hands are sore from all the washing. One of the disadvantages of working in an open plan office. Anyway, the administration already has a plan when the "new flu" finally reaches the city. Our desks and the single toilet for 50 peeps will then be cleaned more frequently. Roll Eyes Probably all with the same wipe. When the time comes, I will put a note on my desk saying please do not clean.

I feel the urge for UVB and miss the green, will we have spring this year in March, please?

Gentlemen, have a great March, stay healthy, wash your hands and use (hand) lotion! #nohomo

PS: And no, not really afraid of the Wuflu, just amused about desperate measures to "stop" it.
TYVM for your update Dunkelheit667
It's only the third time since 2011 that february got a red candle, and March seems to be an usual red month.
Jump to: