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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5335. (Read 26709663 times)

legendary
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
And every once in awhile we have to explain to people that yes statistics work, yes the vaccines are damn effective, and the number of people who will die from COVID at this bitcoin conference is a simple function of the (number of people-number of vaccinated people) times the infection factor times the 2-3% death rate. It's as basic as that.

There's a demographic component to the death rate that you've failed to account for unless this is a Bitcoin conference for geriatrics. Also people who have either natural or acquired immunity and (in the other direction) those who get infected even with the vaccine.

This news item is simply Bitcoin FUD to go along with all the other Bitcoin FUD that's floating around at the moment.
legendary
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BTC + Crossfit, living life.
Drunk as F*** red devils 2-0

#Few.

Probably everyone in here will understand though LoL
legendary
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Man who stares at charts (and stars, too...)

Dozens out of 50,000 doesn't sound like anything newsworthy.


The news has become almost completely agenda driven, monomaniacally so in some cases so what is "newsworthy" is sadly no longer what you'd think.

From their viewpoint, magic internet money conference driven by geeks, mixed with covid19 makes a really great story.
Connect the good things with bad things to make them appear bad.
A very old recipe...
legendary
Activity: 2576
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Dozens out of 50,000 doesn't sound like anything newsworthy.


The news has become almost completely agenda driven, monomaniacally so in some cases so what is "newsworthy" is sadly no longer what you'd think.
legendary
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legendary
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I fix broken miners. And make holes in teeth :-)
Dozens out of 50,000 doesn't sound like anything newsworthy.
Sources say 13k people attended, did they go through that many hookers? Cite pls.

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The vaccine provides little to no protection from COVID-19.
Cite data supporting this point pls.

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In fact, it isn't really a vaccine at all. It may even sterilize or kill anyone who has taken it. Nobody really knows since it is experimental and did not go though the normal 5-10 year approval process. Collectively, the human race is putting all of it's faith in big pharma and the corrupt censor-happy media. What could possibly go wrong?
Cite again? You're saying a whole lot of things without a whole lot of support behind it. "Someone's blog" or "a youtube video sponsored by the Russians" is not much of a source, but at least it is something. Peer reviewed scientific journals with an Impact Factor >4 would be a good start.

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The CDC is now running the PCR tests for vaccinated people at a lower number of cycles (28 vs 42) to ensure the reported number of infected people is lower among the vaccinated.
https://www.cdc.gov/vaccines/covid-19/downloads/Information-for-laboratories-COVID-vaccine-breakthrough-case-investigation.pdf
Um.... Ok, thank you for the cite, will read it. However deaths seem to be tracking downward at the same rate as infections, so it's a lot harder to fake deaths or have people be only a "little dead".


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Look at how the media is pushing the vaccine so hard and not reporting the side effects or deaths from the vaccine. They say they don't want to report on the side effects because it will discourage people from getting the vaccine but shouldn't we make up our own minds with all available information? It is looking like there will be more deaths from the vaccine than COVID by the time this is done.

It's being pushed because it um...works. Vaccines are like that, they have made diseases like whooping cough and measles and rubella and other nightmares a fading memory. They made tetanus into something that is like "what?" instead of a pretty common death sentence. They make shit work, and they do work. Death rates from Coivid have fallen like a rock with vaccination (ok, and getting rid of those stupid Trump death rallies) in place.

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Come on bitcoiners, we are supposed to be the ones who think for ourselves.
Bitcoiners trust math and statistical probabilities. Every once in awhile a thick-head posts the "Oh I can put in a bunch of random words into a wallet and OPEN AN address which means Bitcoin is insecure". Then we have to explain that it would take more time than the heat death of the universe to randomly guess the seed for a wallet with any coin.

And every once in awhile we have to explain to people that yes statistics work, yes the vaccines are damn effective, and the number of people who will die from COVID at this bitcoin conference is a simple function of the (number of people-number of vaccinated people) times the infection factor times the 2-3% death rate. It's as basic as that.

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Open your eyes once again and see what is really going on.

It's fun to take some time and run these bullshit stories down to see who is promoting them and where the initial outlets are. The 50k question though is why....
legendary
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legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
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-"When the going gets weird, the weird turn pro."
legendary
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Bitcoin 2021 Miami Conference Becomes Superspreading Event as Dozens Test Positive For COVID-19


https://twitter.com/i/events/1403126437192900608?s=09

Well, you get to see who had vaccines and who did not. Excellent data points.

Dozens out of 50,000 doesn't sound like anything newsworthy.

The vaccine provides little to no protection from COVID-19. In fact, it isn't really a vaccine at all. It may even sterilize or kill anyone who has taken it. Nobody really knows since it is experimental and did not go though the normal 5-10 year approval process. Collectively, the human race is putting all of it's faith in big pharma and the corrupt censor-happy media. What could possibly go wrong?
https://coronavirus.jhu.edu/vaccines/timeline

The CDC is now running the PCR tests for vaccinated people at a lower number of cycles (28 vs 42) to ensure the reported number of infected people is lower among the vaccinated.
https://www.cdc.gov/vaccines/covid-19/downloads/Information-for-laboratories-COVID-vaccine-breakthrough-case-investigation.pdf

Look at how the media is pushing the vaccine so hard and not reporting the side effects or deaths from the vaccine. They say they don't want to report on the side effects because it will discourage people from getting the vaccine but shouldn't we make up our own minds with all available information? It is looking like there will be more deaths from the vaccine than COVID by the time this is done.

Come on bitcoiners, we are supposed to be the ones who think for ourselves.

Open your eyes once again and see what is really going on.
Its the circle of life...and death

Big pharma funds the media
MS Media funds your fears
Your fears fund your disease
Your disease funds big pharma


legendary
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legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
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Space Lord
legendary
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legendary
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Self-Custody is a right. Say no to"Non-custodial"
yeah, taproot locked in. what's next in the bitcoin development pipeline?

I thought that there were some ideas to attempt to make lightning more seemless in terms of moving back and forth.. Surely, I am mostly getting this by osmosis rather than actively researching into the matter.



That's about right.. and describes "us"... yes.. using that word on purpose.

yeah, taproot locked in. what's next in the bitcoin development pipeline?

We have Taproot/schnorr, next should be Eltoo which will improve Lightning even further. Smiley

https://medium.com/@brandonarvanaghi/breaking-down-the-bitcoin-lightning-network-eltoo-c48554f5ae02

Thanks to Paashaas -for putting a name to a face.

By the way (I seem to be into "by the ways" in recent times), my current BTC order spread is $7k between sell orders and buy orders, and my increments are $1k once the first buy/sell order is executed.. In other words, if the BTC price were to keep going in the same direction, then another buy/sell order keeps executing every $1k.  My increments are pretty much the same (after the first order is hit) whether the BTC price is going up or down.  ... So once the order fills, let's say a sell order for example, then a new buy order would be set $1k up from the highest buy order in the spread (which is also $6k down from that same executed sell order), and the next sell order, if the BTC price were to continue UP, would execute (or get filled) upon the BTC price going up and additional $1k.  I  wonder if any of this makes sense to anyone else besides those who are attempting to employ similar kinds of somewhat consistent staggered laddering practices?

I have maintained $6k/$7k spreads and around $1k increments for quite a bit of time now (even though I had graduated to $3,333 increments, I also got demoted back down to $1k increments), and so what that means is that since the price had been into the $50k/$60ks, the spreads and increments did not feel too far apart (as a percentage), but with a near halvening of the BTC price (down to $30k-ish), both the spreads and the increments are feeling a wee bit moar BIGGER (relatively speaking).. and since I am largely trying to ballpark this anyhow, that is o.k. with me to end up having less filling of orders activities, even though some feelings of boredom does creep in from time to time, too..  

Sometimes I am thinking.. patience, patience, patience (young padawan) - let the BTC price come to me.. let the price come to me.. ... and surely there have to be some advantages to the non-triggering of BTC orders, right?  

This is what I have been aspiring to, right?  

Aspiring to a kind of "stability" and aspiring to having to work less, but still having value to draw from the pot (of BTC) at any desired time, right?

"We"(royal of course) have made it, no?  

"We"(royal of course) are winning, no?
legendary
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legendary
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legendary
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Flippin' burgers since 1163.
legendary
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Self-Custody is a right. Say no to"Non-custodial"
Number go down.

My cousin's only remaining BTFD order still stands untouched @ $30,100. It was nearly filled a few days ago...

I want the price to go up, but also really want him to BTFD... So I'll be happy either way it goes.

Regardless, we all know where it will eventually go, so a little touch down on $30k won't harm anyone. And I may also be able to BTFD. Have some fiat lying around, been thinking about it for some time, even though I've said to myself that I will try to never buy again, no need to be greedy. But $30k will surely be very tempting.
Don't misunderstand me but having just bought a property and being out of cash I'm also good if we hover around low prices so that I can accumulate a few satoshis down the road.
But my dear btc can do whatever, I'll never complain either way.

Surely can hear what you are saying...


when you got coins, you got options... .. so sure picking up a few more coins as the cashflow comes in would not be a bad thing, but not really a BIG deal either way.

By the way, I was doing some calculations, and I am just feeling kind of fucked, in some sense.  Don't get me wrong, either, but there are some price points that I am thinking that's just way too much money.. I gotta think of something to just spend more.. I have some ideas in mind, and maybe they will become more clear at some point.. but it seems that once a guy gets to a certain range (whether talking about 0.21 BTC, or whatever).. it can have some kinds of difficulties in figuring out what to do, exactly... but still could say, oh my, this is a 53% dip, sure I do not really need any more BTC, but hey does not hurt to pick up a few.. they are like on sale.. and just can get rid of them at any random point down the road, anyhow and the price is likely to be more...

Another by the way, the various pocket change "pick ups" of coins, are likely to be way more value than the "purportedly aggressive" investment stance of various no coiners.   I already told a few stories about some of my recent discussions of my "pocket change" considerations and discussions to a few different no coiners, and each time the no coiner eyes would be kind of bugging out in terms of my not giving hardly any shits about amounts of value that would be their whole budget...

And a final by the way: it is not even like I cannot relate to the idea of NOT having a big budget, especially when starting out,.. because I also told the story of one of my friends laughing her ass off at me, even on a repeated basis because in 2015, when I first started selling any BTC on the way up and then buying BTC on the way down (if the price were to go down), there were a lot of times that I was making like $.50 on a trade, or maybe a BIG back and forth movement might result in $3 of profits, and I said that I did not believe in employing trading programs that were free and just practice and had no value at stake, so I started out trading and trying to learn with values that were so low that even if I screwed up a whole lot of them, they would not really break the bank.. I mean maybe if I really screwed up I could end up losing a few $100, but I was trying to NOT lose anything because I was trying to set them up to be ongoingly and unflinchingly profitable no matter which way the BTC price went... or at least something that I would be happy with.  Another point that I tried to make, which seemed kind of pie in the sky theoretical to both of us, was that the amounts would automatically go up and up and up with increasing BTC prices, and so if the BTC price was only around $250 to $500 for a long time, until May of 2016 while I was engaging in my earliest stages of learning and spending a lot of times with stacking very small profits along the way.  She was having difficult times visioning the BTC price rising beyond 3 digits, and even though I had visions that were going into the mid-4 digits, my mental framework regarding where bitcoin might go were not really that much higher than hers, but I was also thinking that it was not really realistic for me to be considering prices beyond 3 digit and 4 digit areas that we had to cross first, so even if maybe I was thinking that $3k to $5k would be a kind of top area for the 2017-2018 price run, I still considered both to cross that bridge when I got there (if I got there) in terms of the how far that it might go considerations, and also even if there were a price rise into the theoretical $3k to $5k arena, that would likely (at least in theory) cause my trading numbers (and thus my profits) to get to 10x of what they were at that time, which even if we are playing around with seemingly small numbers, getting another 10x out of it started to add up to quite BIGGER numbers.. including that when the  BTC price went up, I could also envision that some of the practice and aspects of my portfolio could 3x to 5x the amounts of the value that I could use, so 10x could become 30x to 50x, but then if I wanted to put less of my value at risk, I could cut back because going to 10x and then 30x-50x might have started to feel way too aggressive (or dealing with too BIG of numbers and scary), even if it was still ONLY working with the same percentage of my BTC portfolio, overall... so, it can take quite a bit of time to get used to dealing with BIGGER numbers, merely because they are BIGGER.
hero member
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buy now or wait 15000?
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