Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7510. (Read 26724045 times)

some ineffably British jokes from the Hon Sec

Very interesting.




Source: https://twitter.com/Schuldensuehner/status/1272781685302624261

While I disagree on the severeness of the crisis in November (I do rember how and why O/N reached 10% back then), I surely do agree on the cover up thesis.
Maybe I didn't make myself clear in my broken and hurried up english, but of course government are riding COVID crisis to steer the socieity in the direction THEY like the most: more control, more government balance sheet (a.k.a. deficit and debt), less rights for the people.
All of this means more power to them.
This is why they are doing it, not because it is the right thing to do, but because they can.

Correct, I remember JPM was struggeling here - now they 'go' Bitcoin

This isn't it, covid-19 is not the reason. There was a severe banking crisis in November last year when repo rates on the interbank market hit 10%. The Fed restarted printing money in November 2019. Covid-2019 is just a cover up!

The first analysis by roach I actually like:

A dollar crash is virtually inevitable, Asia expert Stephen Roach warns



This is it, COVID-19 steered our live to the worst in every negative way. Less health, less security, less privacy, more government, more failures ahead.

$9,540 Let's see how the day goes.

... before you believe some pigeon english BS on the intertubes here's a back-of-envelope from the disease epicenter first wave in Italy.

The recent reports from N. Italy city Bergamo has anti-body testing showing 57% had CoVid-19 antibodies (highest percentage known and getting close to 'herd immunity') ... but at what cost?

Bergamo 'excess' deaths above normal year were around 6,000 and tot. population of Bergamo is ~120,000.

57% of 120,000 is 68,400 have developed anti-bodies (assumed contracted covid at some point)
of them ~6,000 perished therefore total case fatality rate ~8.8%

This is what happened in N. Italy when hospitals got overwhelmed, CFR goes up scarily. Most other numbers with modern healthcare operating normally (i.e. not triaging) Western CFR are around 1% and looking quite consistent across countries, regions. Also N. Italy was unlucky to be first in firing line and early days when no-one knew wtf was happening, thanks for the heads-up China assholes. Now there is much better understanding that this virus primarily attacks the blood (and other ACE2 receptor-bearing cells), not a flu-like respiratory disease, and distressed respiratory symptoms are only one of many possible outcomes.

It's a really shit disease almost like it was designed to impact modern society maximally. 80% of people who get it have mild symptoms so it is easy to dismiss 'as just a cold'. Long incubation times, people get the virus and feel little to nothing, don't know why to bother so go around spread disease everywhere, sometimes asymptomaticaly. People who get it severely need intensive hospital care and can survive quite well, but without will die in progressively larger percentages.

The long incubation times and high percentage of healthy and younger people unaffected when catching the disease almost guarantee there will be a second wave because social psychology of locking people up for flattening the curve of the second wave is now basically impossible. The hospitals will probably become overwhelmed and it will run its course with high CFR. Unless there are discoveries of vaccines or therapeutic treatments that can keep people who would have been previously severely affected people out of hospital in sufficient numbers. Hopefully disease tracing, public information of preventative measures and surge capacity in hospitals have had time to expand greatly but Western public institutions seem to be in a corrupt shambles globally.

It's projects like Bitcoin and cryptography, that can make one stand rapt in awe (misquoting Einstein here) at the thought of the size of the search spaces involved. In fact, in Bitcoin/cryptography, privacy and ownership is solely achieved by the near-infinite size of the search spaces involved. There are no other mechanisms (e.g., a centralized verification algorithm/server) that can protect ownership of a key by kicking you out or banning you when "trying more than 3 times", or whatever other criteria. Given enough time, I can get hold of Satoshi's coins, or your coins, just like a chimpanzee can type Shakespeare on a typewriter. Privacy/ownership is achieved by making that time practically infinite. It's like the system is replying back to you, saying "come and get it!" To the best of my knowledge, so far there's no one lucky enough to have managed to stumble upon someone else's non-empty wallet upon setting up their Trezor. I'd love to hear if anyone knows of such a case.

The above directly relates to the phrase "Of course, all these wallets will be empty when you visit them (well, not necessarily, but that's another discussion)." in my post, which I would hope someone would pick up and comment on.

Great discussion!

  I must have missed the part where you were writing about potential renal acid load but thanks for telling me that "Liquid drain cleaner, bleaches, ammonia solution, urin, battery acid, hydrochloric acid..... are not food"; you may have saved my life.  I owe you one.

For those using https://privnote.com, often used as a private PM alternative, be aware of impersonator website privnotes (the .com domain seems to be taken down but .ru still works):

https://krebsonsecurity.com/2020/06/privnotes-com-is-phishing-bitcoin-from-users-of-private-messaging-service-privnote-com/

You sure are surreal.


   Hint, Liquid drain cleaner, bleaches, ammonia solution, urin, battery acid, hydrochloric acid..... are not food


7 is neutral pH score. The pH scale is logarithmic, inversely and used to specify how acidic or basic (alkaline) a water-based solution is.
0 is neutral PRAL value. All Food has a PRAL value (Potential Renal Acid Load, or Potential Kidney Acid Load).  

The larger the PRAL magnitude, the more alkaline or acidic the food is
Apricots, dehydrated -33
Apricots, dried -22
White potato -5
Apricots, raw -4
Tomatoes, cooked, raw -3.5, -4,1
Apple, raw -1.9
Wine, dessert, sweet -1.8
Beer, lite -0.1
Bread, toasted 3.2
Tuna, fresh, raw 7.7
Tuna, steamed or poached 10.8
Beef, cooked 13.2
Chicken 14.5
Tuna, dried 17.7
Cheese, Parmesan, hard 24.7
Fish, dried 29.8


Long term study with 100000 participants
https://academic.oup.com/ajcn/article/106/1/146/4569818

Conclusion

That was actually the basic point I was going to make about the size of the overall key space, but then I started having a flashback or something and started thinking about infinity and riffing...