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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4069. (Read 26711828 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
COVID found me too….

First time…. It took a long time ….

Still coughing up Flem myself but have felt good otherwise for the last week.

As has been said fluids and keep those sinuses clear!

GL Br0.

*Binge watch Reacher! Smiley

he just pull a gun on picard episode 2

it is decent show so far.

I'm on episode 7, a few things unrealistic but for tv shows its in the top tier.

Did 1 ,2 + 3 still watchable .

Just finished.

A few things bothered me but not going to drop any spoilers.

Basically same old hollwood crap that they seem to have to do in every friggin show, but nothing with the basic storyline itself...mostly. Smiley


legendary
Activity: 2050
Merit: 1184
Never selling
The SEC has just delayed their decision on whether GBTC can convert to a bitcoin ETF.
https://twitter.com/APompliano/status/1489730031115030533

I wonder why didn't they turn it down like the others sport ETF's? Is it because Grayscale owns a substantial part of all bitcoins and hence the usual arguments about low liquidity, manipulation, etc. are irrelevant? Or may be they just want to get more time to prepare other idiotic arguments, because Grayscale threatened several times that it will sue SEC if they dissaprove their proposal?

I suspect it is the massive negative premium. Insiders want to load up on that, and when SEC approve Grayscale as the first spot ETF, the negative premium vanishes and insiders make a crap load of instant money. So when it does get approved expect a sell off when trade opens as these insiders will sell for their quick buck.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Well, who sold at the bottom?



This time, i proudly sold at the bottom  Cheesy
It wasn't panic selling, though. I sold about 0.009 BTC to buy a full frame DSLR camera body, traded in my old cropped Canon, paid some of the difference in cash, sold some corn from the "play stash" for it. I almost knew it will go up shortly after. The offer was just too good. Cam looks as new, only 8k shots fired, 6 months warranty.
Thanks, Bitcoin  Grin

In other news:
I finally also got some good chances to catch Omicron!
The school seatmate of one of my children got tested positive yesterday (PCR result came in today).
They also were rehearsing a little stage play, where my son is playing a hunter and his seatmate is playing a bear, and she has to roar at him (without a mask, close distance).
I'm curious, just waiting it out, antigen-testing my son every second day and let him use the carrageenan nasal spray as a precaution.
At least the classroom is closed and all the pupils will be in distance learning next week, which is the usual procedure when two pupils are PCR-tested postive within three days in the same classroom.
In the best (worst) case we have a positive child at home, his siblings going to school regularly. Happy spreadfest  Grin
(Wrote this in here instead of the other thread because it's not vaxx related)

Some interesting stats.
The text below is quoted from Dr Rusworths text. Original with full text and graphs is here. https://sebastianrushworth.com/2022/02/04/covid-officially-over-in-sweden/


"The Swedish government has decided to end all covid related restrictions from the 9th of February. Additionally, venues and events will no longer be able to demand proof of vaccination. To top it off, the public health agency is recommending that covid no longer officially be classed as a “threat to public health”. Sweden is the third Nordic country to end covid restrictions, following on the heels of Denmark and Norway.

The public health agency estimates that 500,000 Swedes were infected with covid-19 last week (which is twice the number of confirmed cases). At the same time, only 181 people died of/with the disease (possibly more “with” than “of”). That puts the present lethality of covid in the same ballpark as the common cold. As many people have long predicted, covid-19 has become the fifth “common cold” coronavirus disease.

I think it’s interesting to go back and look at how bad it actually was. Before we do, let’s remember that Sweden has taken a light touch throughout the pandemic. That means it serves as a useful “control” in terms of understanding what would have happened if a country didn’t impose lockdowns, close schools, and force everyone to wear masks.

 the best metric to look at is overall mortality. It is the only metric that cannot easily be manipulated.

What do we see?

Well, we see a gradually declining overall mortality over the thirty year period, from roughly 1,100 deaths per 100,000 during the early 1990’s down to an average of roughly 900 deaths per 100,000 during the last five years. This decrease is likely mostly due to the fact that life expectancy in Sweden has increased significantly over the thirty year period, from 78 in 1991 to 83 today.

Next we see an unusually low overall mortality in 2019. This made Sweden “ripe” for a worse than average year in 2020, just due to the simple fact that years with less than average mortality are usually followed by years with more than average mortality (because a year with less than average mortality means there are more very frail people on the verge of death at the beginning of the next year). We can see this in the graph above – when there is a big drop in mortality in one year, it is usually followed by a rise in mortality in the following year. So 2020 was always likely to have a little higher than average mortality.

Then we come to 2020, and we do see an effect of the pandemic (in combination with the expected slightly higher than average mortality), with an overall mortality that is roughly 945 per 100,000 people, as compared with the average for the preceding five years, which is 900 per 100,000 people. So, in 2020 there were 45 extra deaths per 100,000 people as compared with the average for the preceding five years, which represents roughly 4,600 people. What that means is that the pandemic, in combination with the fact that 2020 was following on a year with unusually low overall mortality, resulted in something like 4,600 extra deaths, which represents 0,04% of Sweden’s population.

What can we conclude?

Yes, there was a small bump in mortality in 2020 due to covid, but it was pretty damn small. I’m not saying covid isn’t serious for some segments of the population, but all claims that this was a hugely deadly pandemic on par with the Spanish flu are clearly massively overblown. That becomes particularly obvious when we move on and look at 2021. As is clear from the graph above, there was no excess mortality whatsoever in 2021. In fact, 2021 was the second least deadly year in Swedish history!

That is in spite of the fact that official statistics show an additional 6,000 deaths with/of covid in Sweden in 2021. Clearly most of those 6,000 were either deaths “with” rather than “of”, or the people who died of covid were for the most part so close to death that they would have died in 2021 anyway, even without covid.

 The Swedish government has officially declared the end of the pandemic now, but if you look at the overall mortality statistics, it really looks like the pandemic ended a year ago.

So, that is how bad covid was in Sweden, the country that never locked down, and that was widely derided as a “pariah state” during the early part of the pandemic. When we look at the overall mortality statistics, and see the number of people that actually died, it’s clear that Sweden was probably the country that reacted most sensibly of all to the pandemic, with measures that were largely proportionate to the size of the threat. The rest of the world instead went around swatting flies with sledge hammers.

One thing that is interesting to think about in light of this, is what the overall mortality data looks like in other countries. Since Sweden, which didn’t lock down, had only marginal excess mortality in 2020, and no excess mortality in 2021, it’s clear that covid-19 itself hasn’t done much damage. That means that any excess mortality beyond the little seen in Sweden in countries that did lock down cannot be due to the virus itself. It must due to something else. Since the one thing that has differed between Sweden and those other countries over the two year period is the absence vs presence of lockdowns, any such excess mortality can almost certainly be explained by lockdowns.

Let’s take the US as an example. Unlike Sweden, large parts of the US instituted draconian lockdowns. Did those lockdowns prevent any covid deaths? Well, If we just look at the crude numbers, we don’t see any reduction. According to official statistics, 0.27% of the US population has so far died of/with covid, compared with only 0.16% of the Swedish population – in spite of lockdowns, the US has had significantly more covid deaths than Sweden!

This is in line with the mass of evidence showing that lockdowns are ineffective. So, since we now know that lockdowns are ineffective at stopping the virus, we would expect that the US would see an effect of the pandemic on overall mortality that is similar to Sweden – i.e. a small increase in overall mortality is expected. If, on the other hand, we see a much larger increase in the US than we see in Sweden, then that increase is likely due to lockdowns. So, what do we see?

We see an increase in overall mortality in 2020 and 2021 that is significantly bigger than that seen in Sweden. In Sweden, the relative increase in overall mortality for 2020-2021, when compared with the preceding five years, is 1% (from an average of 900 deaths per 100,000 in 2015-2019 to an average of 912 deaths per 100,000 in 2020-2021).

In the US, the relative increase in overall mortality is 18%! (from 860 deaths per 100,000 in 2015-2019 to 1016 deaths per 100,000 in 2020-2021). That is an 18-fold greater increase in mortality during the two years of the pandemic in the US than in Sweden!

So, to sum up, the US has less than twice as many covid deaths as Sweden (As mentioned, 0.27% of the US population vs 0.16% of Sweden's population), but 18 times as many excess deaths! Clearly, that massive difference cannot be explained by the virus. It must be explained by something else. The only reasonable explanation, as far as I can see, is that it is due to the disastrous effect of lockdowns on public health"
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
COVID found me too….

First time…. It took a long time ….

Still coughing up Flem myself but have felt good otherwise for the last week.

As has been said fluids and keep those sinuses clear!

GL Br0.

*Binge watch Reacher! Smiley

he just pull a gun on picard episode 2

it is decent show so far.

I'm on episode 7, a few things unrealistic but for tv shows its in the top tier.

Did 1 ,2 + 3 still watchable .
legendary
Activity: 2050
Merit: 1184
Never selling
An unexpected upwards movement tbh. As I've been saying for weeks now, on-chain is very bullish, STH (weak hands) have few coins left because there was never a mass FOMO buy from them to begin with (indicated by parabolic price action), and the Fed saying that they are all talk and will not voluntarily crash the global economy into a great depression.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Time for bears to admit defeat, grab what they can and hold on for the ride.

Nah, I'm getting the feeling that a longish bear period is ahead of us, unfortunately.

That didn't age well...  Grin Grin

Hehe, yeah, that wasn't my best prediction. Smiley

But in all honesty, a 3000-ish dollar rise is not much, I still think we are kind of bearish, I would hope I'm wrong but until we revisit 60000 and above I say bearish.
sr. member
Activity: 378
Merit: 889
COVID found me too….

First time…. It took a long time ….

Get well soon, my Belgian brother.



This is me, who still have managed to avoid the flu

legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
Memories.......


https://www.youtube.com/watch?v=IX30xJN3eL4


Hmm interesting, news of new much better mining equipment and partnerships with Intel. Bitcoin price skyrockets goes up ~10%....probably just a coincidence. Who would ever think that the mining infrastructure defines the price (or a basis for).

https://finance.yahoo.com/news/numiner-announces-next-generation-nm440-211000611.html

https://bitcoinmagazine.com/business/bitcoin-miner-discusses-intel-asic-chip



Oh please, don't start that again  Roll Eyes  Or you'll just receive once again exactly the same responses you had about 20 pages back.

Probably should just put me on ignore.

Not my fault that sometimes logic is more than thinking outside the box.

Edit:
$57k before March 15?
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
We really smashed through that resistance at $41K.  First bullish action the market has seen in a while and we appear to be breaking out of the downtrend on high volume.  If this turns out to be a continuing rally and not a head fake it might be a major buy signal for investment firms who have been waiting for this move up from $33K to be validated.  Folks who were selling in the $60K range would be wise to start buying back in if we stay above $41K for a day or two.  With possible clarification of tax regulation coming down the pipeline, once this mtgox cloud is done putting a shadow on the market it might be off to the races again.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
So Much TA on this page and I am loving it.

My Take:
If the Daily candle closes above the trend line, it will be a good sign otherwise we will still be playing in between the channel.

edit: Ignore the alert  Grin



What is this daily candle you talk about?
Bitcoin exchanges never close, there is no "daily candle" unless you mean 00:00 hour in your local time zone, and that would just be a random time.
legendary
Activity: 875
Merit: 1362
Memories.......


https://www.youtube.com/watch?v=IX30xJN3eL4


Hmm interesting, news of new much better mining equipment and partnerships with Intel. Bitcoin price skyrockets goes up ~10%....probably just a coincidence. Who would ever think that the mining infrastructure defines the price (or a basis for).

https://finance.yahoo.com/news/numiner-announces-next-generation-nm440-211000611.html

https://bitcoinmagazine.com/business/bitcoin-miner-discusses-intel-asic-chip



Oh please, don't start that again  Roll Eyes  Or you'll just receive once again exactly the same responses you had about 20 pages back.
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
Memories.......


https://www.youtube.com/watch?v=IX30xJN3eL4


Hmm interesting, news of new much better mining equipment and partnerships with Intel. Bitcoin price skyrockets goes up ~10%....probably just a coincidence. Who would ever think that the mining infrastructure defines the price (or a basis for).

https://finance.yahoo.com/news/numiner-announces-next-generation-nm440-211000611.html

https://bitcoinmagazine.com/business/bitcoin-miner-discusses-intel-asic-chip

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
The SEC has just delayed their decision on whether GBTC can convert to a bitcoin ETF.
https://twitter.com/APompliano/status/1489730031115030533

I wonder why didn't they turn it down like the others sport ETF's? Is it because Grayscale owns a substantial part of all bitcoins and hence the usual arguments about low liquidity, manipulation, etc. are irrelevant? Or may be they just want to get more time to prepare other idiotic arguments, because Grayscale threatened several times that it will sue SEC if they dissaprove their proposal?
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
sr. member
Activity: 378
Merit: 889
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
... with the out-of-control inflation suddenly showing up the global debt pyramid has to come into serious question ... like really serious

... if bonds become a risk-on trade and bitcoin becomes the risk-off trade we have a genuine flippening for the ages

... the crashing bond market might not be THE big one but it will be A huge big one, likely systemic threat with the sheer size of the bond trade and derivatives pyramid that is stacked on top of that ... not to mention the solvency of the global banking pyramid being founded on "tier one capital", aka bonds


... rising inflation and interest rates is likely the end game for the fiat pyramid debt scheme and they will just pull the plug, financial collapse, closures, account freezes, deposit consfiscation, bail-ins, reset, war, etc, etc

https://www.youtube.com/watch?v=Ma97rkqQGNA

https://www.youtube.com/watch?v=JlEGU2ypr1Q
(calling for huge crash from "super-bubble, has some weird ideas on resource availability and weather challenges but otherwise spot on)
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Huge two legs up. Cheesy


This is was Southpark and that rascal Cartman doing! Wink
https://bitcointalksearch.org/topic/cartman-mentions-about-cryptocoms-fortune-favors-the-brave-in-season-opener-5384392

Fortune favors the holders should be the new saying on that historical quote by Damon.
legendary
Activity: 875
Merit: 1362
Wondering if anyone can help with a little dilemma I have at the moment....

A friend has organised a fantasy rugby league for the upcoming Six Nations rugby tournament (basically, the annual European international rugby tournament). I really can't be bothered spending my time on this (especially when so many interesting things are happening in bitcoinlandia; and when I'm not really very interested in rugby).

So, does anyone know of any websites where others post their suggested teams, so that I can simply copy their suggested team picks. I don't want to let my buddies down, especially since we haven't really met up for so long now, due to covid lockdowns. But I also don't have the time (or inclination) to spend hours on this.

I need a sneaky quick fix! Any ideas???
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
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