Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[LFC_Bitcoin]

UK Prime Minister, Boris Johnson is advising us to work from home if we can & only make essential journeys.


Me:

[dragonvslinux]

We Belges are on lockdown, I did some shopping like the rest of the horde, only her is one very big shop not for everyone, lucky I own a card, full with everything and very quiet inside ...
Man I bought an whole wine department I think  

When resto is forbidden, then the dude will still find he's way to a good bottle of RED-WHITE or ROSÉ

You're also in lockdown if your not in Belgian   My escape routes are quickly closing in around me  
I hope you didn't spend more than 30 minutes in a shop, this is now forbidden. I read some tabloid toilet paper based newspaper claiming that the reason we are on lockdown is because some of us were naughty and didn't respect the previous restrictions, instead attending "lockdown parties"  

Belgium closed all its bars, schools and restaurants just last week but during the weekend there were issues with people disobeying the measurements by having lockdown parties.

Police were called in the early hours of Friday night to break up the parties that have been happening over the weekend.

[goldkingcoiner]

The more I look at the charts ... 6, 3, 6, 9, 12, 9, 6, 3, ... the more I consider this dip, as an epic bear trap.

Careful of the bull virus guys, aka BOV21.

Deepthroat edition:

This picture represents someone that went 100x leveraged long on bitcoin just before the dip

Goldkingcoiner?  

Mindrust?  (exaggerating on this one)

I had to get out of my position to save myself from obvious liquidation. I lost half my coins. I was at 2x dude. ;/ Ah well. I will make it back on the way up. But that dump bail had nothing to do with my TA. I just underestimated the corona scare.

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.

Well we can't have the whales thinking they beat us. Thanks for the good luck wishes. You win some you lose some I guess.

[Ibian]

... 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.

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.

Why don't you have enough savings to last a few years?

[lightfoot]

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

Fish and Chips
Warm Beer
Cricket

That's about it.

[lightfoot]

You're also in lockdown if your not in Belgian   My escape routes are quickly closing in around me  
I hope you didn't spend more than 30 minutes in a shop, this is now forbidden. I read some tabloid toilet paper based newspaper claiming that the reason we are on lockdown is because some of us were naughty and didn't respect the previous restrictions, instead attending "lockdown parties"  

Weird that we don't hear the Fundies screaming that this is a pox from God upon the evil. Maybe because they're the ones who will be hardest hit.

Go figure.

[rolling]

Unrelated but wtf did the SpaceX booster pass on its way back to earth after the launch today? Alien ship?

http://anilyzer.com/?page_id=7&vId=I4sMhHbHYXM&type=youtube#playbackRate=0.25&seekTo=1291

[Ibian]

You're also in lockdown if your not in Belgian   My escape routes are quickly closing in around me  
I hope you didn't spend more than 30 minutes in a shop, this is now forbidden. I read some tabloid toilet paper based newspaper claiming that the reason we are on lockdown is because some of us were naughty and didn't respect the previous restrictions, instead attending "lockdown parties"  

Weird that we don't hear the Fundies screaming that this is a pox from God upon the evil. Maybe because they're the ones who will be hardest hit.

Go figure.

It no shit proves that we have the better religion. Muslims are licking holy sites and drinking water their imam has spat in (for health). After this all dies down a bit, time for another crusade. The final crusade, maybe.

Of course, this comes after we destroy China. China delenda est.

[Ibian]

Unrelated but wtf did the SpaceX booster pass on its way back to earth after the launch today? Alien ship?

http://anilyzer.com/?page_id=7&vId=I4sMhHbHYXM&type=youtube#playbackRate=0.25&seekTo=1291

A random piece of debris. Space is cluttered.

[El duderino_]

A BTC-pump would be so nice to witness in these times 

[gentlemand]

Fish and Chips
Warm Beer
Cricket

That's about it.

The UK is the world's 10th biggest exporter and ranks similarly for manufacturing. However a lot of the exports are services and they're likely to get ravaged by the B word, if or when that ever happens that is.

There's now talk of universal basic income. This means that very soon we will be a leading exporter of poorly made tractors, sour cabbage and Victory Gin.

[lightfoot]

Right. The UK supplies "services" which right now isn't worth a warm bucket of spit. Worse since they decided to "go it alone" a few months back.

Reality exists.

[Torque]

OT: Yeah sure, let's bailout the airlines again... ugh  

Where is the public outrage?? 

https://www.bloomberg.com/news/articles/2020-03-16/u-s-airlines-spent-96-of-free-cash-flow-on-buybacks-chart

[Phil_S]

The money printing doesn't matter. It's the confidence in the currency and the country that backs it that matters.

Yep, exactly.

Also, lack of confidence in the alternatives.

[NeuroticFish]

Yeah sure, let's bailout the airlines again... ugh  

They'll print shitloads of money and bailout a ton of companies. I expect all of them cry like babies sooner or later, or simply tell they have to sack most of their employees if they get no help (so the upper management can keep the huge benefits). It has happened before, now it should come easier.

[d_eddie]

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

I'm laying low. I got my long liquidated on the latest violent downturn, and my take profit limit on the short was a little too prudent to make up for it. However, I'd kept putting sats away in the meantime, so all in all I'm still up. I bought more physical than usual in the 7ks. I could have saved a bit more for now, but if we knew the future we'd all be rich like fuck wouldn't we? I still have some dry powder left, and will keep stacking physical sats little by little.

I'm still convinced we will prevail. It's just that no one has a friggin' idea of the timeline, whatever they say.

[strawbs]

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

Fish and Chips
Warm Beer
Cricket

That's about it.

I'm always surprised that people outside UK think we drink warm beer. Can't say I've ever had a warm beer in my life. Beer which isn't kept in a fridge is mostly of the real ale variety, which are generally hand pumped from a barrel in a bar's cellar. British cellars are pretty cold.

[d_eddie]

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

Fish and Chips
Warm Beer
Cricket

That's about it.

I'm always surprised that people outside UK think we drink warm beer. Can't say I've ever had a warm beer in my life. Beer which isn't kept in a fridge is mostly of the real ale variety, which are generally hand pumped from a barrel in a bar's cellar. British cellars are pretty cold.

They forgot to add warm and flat! 

[Paashaas]

Yeah sure, let's bailout the airlines again... ugh  

They'll print shitloads of money and bailout a ton of companies. I expect all of them cry like babies sooner or later, or simply tell they have to sack most of their employees if they get no help (so the upper management can keep the huge benefits). It has happened before, now it should come easier.

Well of course...unlimited amounth of money

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $5,260
Boring?

Judgment day 🤪