Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8129. (Read 26712886 times)

Yes, there is a certain degree of alarmist over-reaction concerning covid19 but considering I'm in my 70s and have COPD, I think maybe I'll pass on flying up to Toronto next week and extend my stay in the Maya Jungle for a few more weeks (or months) until this thing blows over. I'll take my chances with the snakes.
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Toronto was on the shit list some 17 years ago because of a similar virus called SARS and it was freaky. People (especially Chinese) wearing face masks on the streets, hospitals closed to the general public, tourism ground almost to a halt... they had to throw a big rock concert featuring the Rolling Stones (but ACDC stole the show) just to try to tell people it was safe to come to Toronto. Drew half a million people.

Eventually it blew over and it was life as usual again. I've still got a souvenir t-shirt. It reads:

"I survived SARS, West Nile Virus, Great Power Blackout, SARS again."

We also had a widespread 3-day power outage that summer triggered by some idiots in the USA and exacerbated by too many air conditioners in a brutal heat wave. While other people were buying up all the flashlight batteries, I bought all the candles and icecubes in the corner store. I filled my chest freezer to the brim with ice, and filled a Coleman cooler with the contents of my frig and as much ice as would fit and another cooler with beer and the rest of the ice. Made it up to my country place where I had enough generator gas to wait the thing out with lots of cold beer.

Lesson: Don't panic. It will eventually be a memory and source of nostalgia. Maybe we'll get t-shirts. For now though I'll stay in my little piece of paradise in the (covid19-free) jungle and avoid airports. On that note I think I'll have an ice-cold Tecate. No cerveza turista for me.

P.S. No shortage of TP here.

Maybe Ill go to Holland tomorrow.


hmmm

Interesting times indeed.

Centuries to come and the history books will tell about the 2020 Worldwide Toilet Paper Crisis. No mention of the virus though.

i hope you made it out okay.

i know a guy who works construction, he said someone raided all the tp from the portable toilets! unbelievable.....

Not only will we NOT self isolate, we are likely to shoot at anyone trying to enforce...well...anything.

Rugged individualism is a double edged sword.

I got some   smoking   deals on Au during that episode

Yeah I have plenty.. Prolly 100-150 rolls..
That's really just a luxury though.. I'll spray my ass down with my shower head if I need to..

I went for a shit in the supermarket and someone had even stolen all the toilet paper from the toilet. Bastards.

just wanna drop an invite to our poker game tomorrow. i figure everyone is stuck inside anyway. come play poker with us.


ah, so you're one of the people hoarding up all the toilet paper. people in my facebook feed are showing pictures of empty shelves at supermarkets.

Did you manage to get any toilet rolls? They are like gold dust down our way.

Stores are being stripped here good today.. They are madhouses..

My freezers and cupboards are packed..

Yes, and no. I mean, you can take a lot of preventive measures but unless the rest of the population follows, your job is ruined in the end. I have been extremely and gladly surprised how well the people have taken and is following the measures now.

But, before the government started announcing the serious measures many people were not taking it seriously either: ie. Many (not all!) people from Madrid going out to the south beaches instead of staying at home as if this were a fucking holidays.

It has been necessary to step up and order a nationwide lockdown and close every leisure business (and even the beaches) everywhere so now there's no point in going anywhere else than staying at home.

Now everyone will stay at their homes in the hope that things get under control asap and maybe there won't be needed an extension of the full lockdown after this 15 days pass.

If this was more than really needed... well, at least it would have been a GREAT massive emergency drill that might come handy the next time the shit really hits the fan.

To be honest, I would have never thought the people would react so well to this massive amount of behaviour change... more so when this is not some directly perceivable menace. I am stunned. Interesting times.

or.....it's just another flu-like virus but the opportunity arose for governments and central banks to use it as a scape-goat to hide the popping of the financial markets bubble, hence blanket news coverage to the exclusion of all other reporting. People are already recovering and reporting that it wasn't too bad actually, they just felt a little bit off-colour for a few days. Sure, some very old and sick people might die, just as they always do.

How many absurd government-sponsored narratives and their 'coincidental' timings are people going to fall for? Never mind, just stay in doors, shut up and be fearful. While central banks pile on more debt to tax-payers through new forms of QE now being sold to us as market liquidity injections.

It's all about preserving the effectiveness of the health system by drawing out the infection rate rather than drowning it mainly. But the concept of 'herd immunity' that they're all talking about might turn out to be total rubbish and we'll all melt.

Nothing was done in the earliest stages at all and now they've given up attempting to test and only testing hospital arrivals. A lot of people are calling it a gamble and it does sound like it. I will not be taking any chances.

I do think explicitly isolating oldies is very sensible and I don't get why that hasn't been done elsewhere but it should've been done sooner.

Anyway, anyone who has the option to take control of their own exposure should've been doing it the moment this all became a problem. No one should be waiting to be told.

As for America, look who's in charge. Look at the health system they'll need to shake up and unify. A lot of Americans won't seek treatment until it's too late because they've spent their whole lives avoiding doctors because of the expense or lack of sick pay even if they remove those barriers and it looks like they will.

And then we might end up with a two tier world where Asia went for containment and the West let everyone become zombies so Asia won't let anyone in until there's a vaccine. This will be written about for centuries to come.

Silly Billy, you made me laugh   If this is case (I'm not really following UK politics, only that BJ is a clown, makes sense he devolves responsibility), then the fundamentals of being a island country won't save it from the reality of a worldwide pandemic, it would only slow it down at best. Probably the EU states are doing the right thing at the moment, even if I'm searching for rebellious parties that ignore the wishes of the state, I do get it. "Better to be safe than sorry", as Italy would probably say. The fact the UK has it's own currency is pretty relevant right now too, they clearly wouldn't want regulations to affect the value of the pound, as opposed to EU countries doing what feel is best, regardless of the Euro.

You can't take action when it's too late is the point, I feel a lot of measures put in place are in order to try prevent things getting a lot worse, as opposed to waiting for it to get worse.


I thought the issue was with Europe now? Maybe I'm wrong, maybe I believed what Trump says which is foolish.

He is of course a Silly Billy but he is very sensibly totally deferring to the experts in this particular case. Whether they're right is a different and rather urgent matter. Total shutdowns can't be sustained and maybe the ones that are happening now are happening too early. Who knows? But no one should be waiting for any government's permission to do sensible things to protect themselves.

The US is the place to worry about most. Maybe some actual national unity will come out of that. Hope it does.

Back in 2008, during the beginning of the financial crisis, gold "initially" didn't perform well either.

The current atmosphere is ideal for bitcoin. I still firmly believe that we'll see a strict trend reversal very soon.

Yup Belgium went on restaurant and gathering lock down from last night too... it's getting eery on the streets now, still fear is at 0% by my personal statistics, people seem ok.  
UK is stupid, there is a litterally a clown that makes decisions as if it was a comedy show. Probably the only reason why BJ didn't decide to take anything seriously is because he doesn't want to align with "European standards" to offend brexit fools. The UK is not fine at all, it's just a few days behind  

Thats a brilliant solution compared to shutting down everything. Im optimistic other countries will opt for this before getting silly like Italy and others.

Thanks for your support HairyMacLarry. Have a cookie.