All posts made by hung58bitcoin in Bitcointalk.org's Wall Observer thread



1. Post 51617608 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_16.53h):

Increasing BTC means money increases, but after feeling happy is a feeling of fear, if the market keeps going up like this, then really fear, fear index is high and the RSI is also high, here is a sign of the bubble market, but a bubble of a certain degree of stress will explode, so if you want this market to be sustainable, then the BTC needs to have an adjustment to balance everything. , the price must return to the average, I think this is a good time to adjust before moving on to the higher hooks

Tips for you now:

- Profit taking is never wrong

- No fomo now

- Have your own opinions and orientations, don't listen to anyone, money is yours

I think that there will be a slight correction, this adjustment is an opportunity for the brothers to put USDT back into the market, but it will not be known if they adjust to any step. In addition, if this correction occurs, it will be a chance for altcoin to become its own, make use of it to increase the number of BTC



2. Post 53940432 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.17h):

I think that if the corona virus disease continues to spread in many countries and many infected people will have an economic crisis. There are many reasons why I think so. First, the tourism industry will suffer big losses because people are restricted from traveling in countries with large epidemic regions like China and South Korea. Second, manufacturing industries such as automobiles and phones depend on raw materials in China. The evidence is that many large automakers have difficulty in manufacturing. As a result, stocks fell, gold prices fell and real estate was closed. I hope that BTC will not be affected by Corona too much and that everyone will benefit from BTC.



3. Post 53945864 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.17h):

Quote from: Saint-loup on March 02, 2020, 12:33:48 AM
I still think BTC could be around 10-12K before the halving... but those dreams about $100K any time soon (ie in 1-2 years) still look to me to me just like that: Dreams.

Hope they do realise some day though.

So what is your prediction? 10-12K at the time of halving what about 2021-2022? Sideways?  Grin

No, it could reasonably be $50K. Maybe more, maybe less. I just say that $100K is probably too much to consider as a reasonable probability. Again, not impossible, depending if Bitcoin is able to regain something similar to 2017 FOMO, but even if that were the case I would not take $100K for granted.

In fact I would prefer a more organic and sustainable $50K than a "fomo" peak to $100K.
I would prefer a real growth to $20k lol  Cheesy
I hope BTC will growth again $10k because I buy at BTC at $10200.



4. Post 53999621 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.18h):

Quote from: strawbs on March 09, 2020, 02:29:48 PM
This whole thing where bitcoin price is following the stock market tells us one thing.

We need to shift the focus of Bitcoin from market and price to utility and actually using it as a currency.

Totally agree.  However, that's been the case for years and similar posts have been on this very thread since I started reading it in 2014. Unfortunately, the whole 'HODL until I'm rich' mentality has undermined the very purpose of BTC.

Oh, and can we finally put to bed the whole idea of BTC as a safe haven - whilst global stock markets face their worst day since the 2008 financial crisis, BTC tanks even more.  If BTC really was a safe haven, it would be mooning now. Gold still seems to be the haven of choice.
I totally agree with your comments. But I would like to add that the market value of cryptocurrencies is too small compared to the gold market or the stock market that has existed for a long time. The problem here is that the price of BTC or altcoins rise and fall with a huge margin compared to gold. So big investors feel insecure about their investments. Therefore, when the effects of COVID-19 epidemic spread more and more around the world, investors will be bewildered. They will withdraw investment money from the stock market, cryptocurrencies to invest in the gold market or withdraw cash to buy food in case they live in isolated areas due to diseases such as in Italy.



5. Post 53999691 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.18h):

Quote from: mindrust on March 10, 2020, 09:02:54 AM
May sound dumb right now but...

If this is called AIDS-FLU because it has some characteristics of HIV... does that mean Covid19 can also hibernate like HIV (or Herpes) and come on surface when your immune system is weak... or you are old?

(If that's the case it sounds  like they found a way to sustain social security system infinitely... by killing the weak)
I  don't think so because of some of the following reasons. First, according to scientists, the COVID-19 virus has the same genetic sequence as the SARS virus. So the mode of transmission is almost the same as the SARS virus. Secondly, there is a lot of clinical evidence that has been recorded in many deaths in people who are completely healthy and aged between 30 and 40 years old. For example, the doctor who treated at Wuhan Hospital died of the COVID-19 virus with no background diseases such as hypertension and diabetes as in the elderly. In short, scientists around the world do not fully understand the mechanism of action and how to destroy this virus. And at least 1 year to get the vaccine to prevent this disease.



6. Post 54004739 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.18h):

Italy reported, March 10, 18:00 CET

Verified cases: 10149 (+977 in the last 24 hours) ↘️
Case in need of special care: 877
Recovered: 1004 (+280 in the last 24 hours) ⬆️
Death: 631 (+168 in the last 24 hours) ↗️

Italy has more than 150 people died in 1 day!



7. Post 54004756 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.18h):

CoVid_19 Update:

Notable events:

* President Emmanuel Macron of France says:
"We are at the beginning of the pandemic."
Both Ligue 1 and Ligue 2 football matches in France will take place without spectators until April.
* Austria closes border with Italy.
* Slovenia also followed Austria, slamming all of its entrances to Italy.
* National airline Air Canada halted flights to Italy.
* The Czech Republic closes all schools to events that gather more than 100 people, until a new order is issued.
* Spain begins to repeat the situation of South Korea, Italy and Iran. The number of new infections is several hundred per day. The Spanish government has also canceled direct flights to and from Italy. The National Assembly has suspended government meetings for a week.
* Mongolia immediately closed its capital immediately after discovering its first case today. The mirrors of dozens of other countries still touched right before their eyes and they acted fiercely from the beginning.
* Silicon Valley of California prohibits the organization of events that gather more than 1 thousand people.
* New Jersey, Illinois, Ohio and Rhode Island of the United States declare a state of Emergency.
* The whole of Italy is cordoned off and isolated
* Jewish isolates 14 days from ANYONE entering the country. This means hanging the tourism industry, at least for 2 weeks.
* 48 hours ago, the United States had just over 500 people infected. There are now 950 people.
* Portugal blocks 2 towns with more than 100,000 residents in the north of the country, although the number of people infected there is less than 50 cases.
* Greece closed all schools at all levels nationwide, right after the number of infected people in this country reached 89 cases.
* Senior officials from many countries also begin to become infected or in suspicion. After Iran, the United States, France, Italy, Vietnam ... the Commander of the Polish Army was the latest to test positive for COVID-19. In addition, members of the British Parliament, Health Minister Nadine Dorries have just had positive results.
* The World Trade Organization (WTO) abolishes all existing schedules after an employee of this organization is found to be positive for COVID-19.

HIGHLIGHTS FOR MORE THAN 50 NEW CASES:

* Italy recorded 977 new infections with 168 deaths. So Italy has officially entered the 10K + club, one of the two countries to suffer this misfortune.
Currently, Italy has a total of 10,149 cases and 631 deaths. The death rate has increased compared to yesterday, currently standing at 6.21%.
* Iran ranked soon after with 881 more new cases reported and 54 deaths. Currently, Iran has 8,042 cases with 291 deaths. The death rate is 3.24%.
* Spain reports an additional 447 cases and 5 deaths. They now have 1,678 people infected and 35 dead.
* Sweden recorded 88 new cases, bringing the number of people infected in this country to 346 people.
* Switzerland has an additional 123 cases and 1 death. Currently Switzerland has up to 497/1 case.
* France has 372 new infections and 3 deaths. Currently France has had 1,784 cases with 33 deaths.
* The Netherlands recorded 61 more cases with the first one. Currently the Netherlands is also a "powerhouse" in the 100+ club with a total of 382/1
* Norway has 133 more cases. Currently Norway has 360 people infected.
* He has 54 more new infections and 2 deaths, bringing the number of people infected in the kingdom to 373 with 6 deaths.
* Germany reports 341 new cases. Currently, Germany has 1,565 infections and 2 deaths.
* Denmark has 174 more cases. Currently they have recorded a total of 264 cases. This is a noticeable increase in Denmark over the past few days.
* Austria has 51 more cases. They currently have a total of 182 cases.
* Japan has 59 new cases and 3 deaths. Currently, the total number of victims in Japan is 581/10.
* The United States has 246 new infections and 4 more deaths. There are currently 950 infections in the United States and 30 deaths. Details of new cases recorded in the states are listed at the end of the article.
* South Korea is the only place with good news with only 131 new cases and 7 deaths recorded in the last 24 hours. South Korea currently has 7,513 cases with only 54 deaths, an unexpectedly low death rate compared to only France and Spain.

* The new countries with the first reported cases today are Panama, Jamaica, Mongolia and Turkey.

OTHER REPORT, ACCORDED TO EACH CONTENT

** Europe:
* Serbia has 3 more cases.
* Finland has 2 more cases.
* Cyprus has one more case.
* Latvia has 2 more cases.
* Greece has 5 more cases.
* Poland has 5 more cases.
* Northern Macedonia has 2 more cases.
* Estonia has 3 more cases
* Belgium has 28 more cases
* Portugal has 2 more cases.
* Iceland has 4 more cases.
* Albania has 4 more cases
* Belarus has 3 more cases
* Slovenia has 15 more cases
* Czech Republic has 3 more cases
* Romania has 8 more cases.
* Malta has 1 more case
* Moldova has 2 more cases
* Croatia has 1 more case
* Ireland has 10 more new cases.
* Wales has 9 more cases.
* Bulgaria has 2 more cases.
* Lithuania only adds 2  cases.



8. Post 54004810 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.18h):

Quote from: HairyMaclairy on March 11, 2020, 01:17:10 AM
I have friends working in a local hospital.

All elective surgery cancelled. All leave cancelled for all hospital staff. Half of the hospital is being converted into ICU wards.

All currently completely empty.  But expected to be full soon.  


Where are you from? The epidemic situation in Europe is increasingly widespread and COVID-19 disease is really dangerous. We should implement stronger isolation measures as in China to limit the spread of COVID_19. China has successfully curbed the spread of this virus in their country so far. I wish your country will control this epidemic well.



9. Post 54037121 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.20h):

Quote from: Yaplatu on March 15, 2020, 11:38:07 PM

Source Twitter : @krugermacro

CME is not bitcoins friend  Undecided
BTC fomo price increases due to news will quickly return to where it started, once there are still dump pumps over $ 500 $ 600 like this, it is when the market is unstable. So, my opinion in this situation is holding assets in USDT because BTC price is very vulnerable to being pumped by news in the current situation. As the effects of the COVID-19 epidemic are becoming more severe in the US and Europe, I think that the trend over the next few days is the downtrend.



10. Post 54037695 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.20h):

I think 5k9 resistance is too hard for BTC. So my margin strategy at this time, if BTC is above 5k9, I will bet Long and if BTC is below 5k9 I will bet Short.



11. Post 54079524 (copy this link) (by hung58bitcoin) (scraped on 2020-04-04_Sat_17.21h):

Updated situation of disease COVID_19 dated 23/03/2020
- Total cases: 337,042.
- Total deaths: 14,641.
- Total recovered cases: 98,627.
In particular, Italy increased 5,560 new infections and 651 new deaths. The United States increased 9,339 new infections and 117 new deaths. Spain increased 3,272 new infections and 391 new deaths.
An increasingly serious disease situation threatens the lives of people all over the world. In particular, it has a very significant impact on the global economy. All countries closed the border with each other, leading to a sluggish trade, many businesses went bankrupt, and workers lost their jobs. This is a warning sign for the impending economic crisis.