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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8205. (Read 26710683 times)

legendary
Activity: 3276
Merit: 2442
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)
jr. member
Activity: 151
Merit: 7
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.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
- Italy reports 1,797 new cases, bringing total to 9,172 as deaths increases to 463.

This is really, really bad. That's a 5% death rate. However as we discussed a few days ago, it takes a while from people getting sick to either dying or being cured. With a doubling time of a week (6 days) and 2-4 weeks from getting sick to whichever conclusion, we are looking at at least a 20% death rate. Possibly more but I won't venture there at this time.


The fatality rate is highly dependent upon how much the healthcare system gets overwhelmed. That is what happened in Wuhan because they didn't see it coming, the CCP denied it was happening and within a month it was everywhere. Anywhere the healthcare system gets overwhelmed fatality rates will shoot up to 15-20%. With good ICU care fatality rates can drop to <1%.

Here's a firsthand account from a doctor in N. Italy. We should have been allowed to hear these accounts from out of China to get the useless politicians and bumblefuck health bureaucrats to wake the fuck up and stop listening to the WHO. Urgency, organisation, pragmatism and bravery is of the essence if you want to beat this thing, it is like fighting wildfires.

https://www.telegraph.co.uk/news/2020/03/10/just-doctors-trying-fight-tsunami-crashed-us/
Quote

Bergamo, northern Lombardy, is Ground Zero for Italy’s coronavirus crisis. The city has 1,245 positive cases, a number that rose by 248 yesterday. Hospitals are under enormous pressure and doctors are having to make agonising choices about their priorities. In a post on Facebook, Dr Daniele Macchini of the Humanitas Gavazzeni hospital, revealed what frontline workers were facing as he warned against public complacency. His words have been translated and edited for length.

I understand the importance of not generating panic, but the gravity of this situation is not well understood, and I shiver when I hear people saying they don’t care, or complain because they cannot go to the gym or play football.

I myself was shocked to see the total reorganisation of the hospital over the past week: the wards slowly emptied, non-urgent activities interrupted, the intensive care unit given over to make room for more beds.

I remember how I spent my night shift a week ago nervously waiting for a call from the microbiology department waiting for the response of the test on the first suspected case in our hospital, and thinking of the possible consequences for us.

If I think again about that night, now that I see what is going on, my anxiety at a single case seems ludicrous. It is reductive to call the current situation dramatic, but I have no other words. The war has literally exploded and the battles are relentless, day and night.

People show up at the hospital one after the other. They have nothing like the problems caused by seasonal flu. They can’t breathe, they need oxygen.

There aren’t many therapies for this virus. It depends mainly on your body.

What we can do is simply support the body when it can’t keep it up any more. Now we dramatically need those beds. All the emptied wards are being filled again at an incredible pace.

The boards with the name of the patients, with different colours for each different units, are all red and the diagnosis is always the same: bilateral interstitial pneumonia. There are no longer surgeons, urologists, orthopaedists – we are all just doctors trying to fight this tsunami that crashed on us. The number of cases is rising, with 15 or 20 new patients every day for the same reason.

The results of the tests come one after the other: positive, positive, positive. Suddenly, the emergency room is on the brink of collapse.

The symptoms are always the same: high temperature and shortness of breath, high temperature and cough, shortness of breath.

Some need to be intubated and sent to the emergency care unit already. For others, it’s just too late…

The staff are literally exhausted. Social life is suspended for us. For almost two weeks, I voluntarily decided not to see my son or family members, for fear of infecting them and consequently infecting elderly relatives with other health problems.

So, you should be patient too, if you can’t go to the theatre, museums or to the gym. Try to have mercy for all the older people you could exterminate.

We have no alternative [but to be here]. It is our job... in the end we only try to be useful for everyone. Now, try to do it too.

With our actions, we influence the life and death of a few dozen people.

With your actions, you could influence many more.

hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Time to attack 8k  Cool

Very bearish, coming from youteasing
I thought it was time for Vegeta. Cool

It seems we found strong resistance overnight, on the 3 pages/hour mark.
Anyway, going strong with the WO doubling, approaching on May.
The previous ATH of 9 pages/hour should seem like a blink.
legendary
Activity: 2478
Merit: 1220
Privacy Servers. Since 2009.
legendary
Activity: 3010
Merit: 8114
Did not see this posted yet, 39 page report:

https://assets.documentcloud.org/documents/6616225/Plustoken-Report.pdf
Quote
This inaugural Special Situation Report will deliver the facts about PlusToken through the lens of on-chain bitcoin analysis

I read the Chainalysis report and took a look through this one too. Its interesting that the scammers did all that work just for all of it to be totally traced to Huobi. They moved it around through like 20,000+ addresses for ultimately no reason at all, LOL.

Its not unreasonable to think that its continued cashout is at least partly responsible for our current dip.
legendary
Activity: 2268
Merit: 1278
- Italy reports 1,797 new cases, bringing total to 9,172 as deaths increases to 463.

This is really, really bad. That's a 5% death rate. However as we discussed a few days ago, it takes a while from people getting sick to either dying or being cured. With a doubling time of a week (6 days) and 2-4 weeks from getting sick to whichever conclusion, we are looking at at least a 20% death rate. Possibly more but I won't venture there at this time.

In addition to this, you can get reinfected and the next round is worse.

In addition to this, there are reports that even if you are cured there is a risk that you will end up with pulmonary fibrosis which gives people a life expectancy of 3-5 years.

This thing could literally wipe out half the planets population if any of this is halfway accurate.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Did not see this posted yet, 39 page report:

https://assets.documentcloud.org/documents/6616225/Plustoken-Report.pdf
Quote
This inaugural Special Situation Report will deliver the facts about PlusToken through the lens of on-chain bitcoin analysis
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
legendary
Activity: 3620
Merit: 4813


Anyone remember this chart from back in Feb 2? By now we should be at well over a million dead, what the fuck happened?

Sad.

It's still going exponential but measures taken to date near the epicenter have bought some time (skewed R_0). Notably Singapore, Taiwan and Hong Kong have adopted excellent public information and transparency measures that essentially crowd source the public to do much of the contract tracing and reporting, self-isolating, etc. China went full draconian and beat it into submission, along with their people and their economy (if you believe anything coming out of CCP)

The West's socialised inept bureaucrat top down message management is letting it take hold in Western countries.

Outside china fatalities are now at >800 and doubling every 3 days ... I'll let you do the math on when we reach the million mark IF nothing is changed in the containment approach (Italy went full retard because they let it get out of control).

Sad.

Do not forget: real numbers are atleast 10 - 20 higher.
legendary
Activity: 3620
Merit: 4813
Coronavirus update:

There are 114,422 confirmed cases worldwide, with 4,027 deaths.

https://www.worldometers.info/coronavirus/
Is this a reliable source? I tracked it on https://corona.kompa.ai/ and the number of people infected (113,809) and killed (4,010) is completely different from the number that you give  Roll Eyes Now let's see what is a fake source  Roll Eyes https://corona.kompa.ai/ is from the World Health Organization (WHO), what about your information?

Your site has been updated. Wink
legendary
Activity: 2184
Merit: 1540
Guys, has anyone seen the news about these books yet  Huh

I see it in articles, here and here
I'm not a superstitious person, but they surprised me, is it a coincidence? Or is prophecy really accurate? They even mention Wuhan - China  Roll Eyes
Yeah.. old news
https://bitcointalksearch.org/topic/m.53914896
hero member
Activity: 1372
Merit: 783
better everyday ♥
Coronavirus update:

There are 114,422 confirmed cases worldwide, with 4,027 deaths.

https://www.worldometers.info/coronavirus/
Is this a reliable source? I tracked it on https://corona.kompa.ai/ and the number of people infected (113,809) and killed (4,010) is completely different from the number that you give  Roll Eyes Now let's see what is a fake source  Roll Eyes https://corona.kompa.ai/ is from the World Health Organization (WHO), what about your information?
legendary
Activity: 3620
Merit: 4813
Coronavirus update:

There are 114,422 confirmed cases worldwide, with 4,027 deaths.

- Wall Street suffered its biggest one-day loss since the 2008 financial crisis on Monday and recession looming.

- US deaths hit 27 with 708 cases. LA reports first case of community spread.

- New Jersey, Ohio, Rhode Island, Illinois, Oregon, New York, Maryland, California, and Washington declared state of emergency.

- Santa Clara County in California bans mass gatherings with more than 1,000 people.

- Italy reports 1,797 new cases, bringing total to 9,172 as deaths increases to 463.

- The whole of Italy is being put on lockdown as the country tries to stop the spread of coronavirus. All public gatherings will be banned, sports events including football matches are suspended, and movement is being severely restricted across the nation. Until 3 April, around 60 million people will effectively be under quarantine.

- Mongolia puts capital city on lockdown.

- Israel closes border to all foreigners, passengers arriving from all countries will be sent back if they cannot quarantine themselves for 2 weeks.

- 21 passengers and crew tested positive for Covid-19 on The GrandPrincess in San Francisco.

- Australia’s Qantas airline has reduced its international flights.

- Egypt has placed a nationwide suspension on any large gatherings of citizens.

- Anyone arriving in the UK from Italy should self isolate for two weeks.

- First 2 deaths recorded in Germany. Canada reports first death in British Columbia.

- 7 dead as prison riots spread across Italy.

- Hungary stops flights to and from Northern Italy.

- Dutch infections climb to 321. Spain 1,231 cases with 30 deaths.



https://www.worldometers.info/coronavirus/
hero member
Activity: 1372
Merit: 783
better everyday ♥
Guys, has anyone seen the news about these books yet  Huh

I see it in articles, here and here
I'm not a superstitious person, but they surprised me, is it a coincidence? Or is prophecy really accurate? They even mention Wuhan - China  Roll Eyes
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
God-fucking-damnit... This bleeding. Just bought more dip @ $7,400... Muh wallet... Going to have to start rationing my powder at this rate...

Sheeeeeeit.

So far, my lowest buys have been at $7,8xx... So far, the BTC price has not even reached my buy order sets in the lower $7,6xx.  So yeah, I have four sets of buys still outstanding in the $7,xxxs (hopefully they do not fill) in the $7,6xx, $7,4xx, $7,2xx, and $7,0xx.  Next sell order is currently at about $8,7xx.. hoping that will fill first (and of course, my sell orders are only a fraction of my BTC stash.. they are like in the .1% arena, so it takes about 10 of those to fill before I have even sold 10% of my stash... more or less.

We still seem to be in a pretty decent place.. as Hairy's 4 year fractal overlay had shown.. and of course the stock to flow and all of that seem to be tracking quite o.k., too...... but still feel better to go up before down, even though some down from time to time does seem to be a kind of necessary evil, too... ...

I am going to HOLD off any reorganizing of my fiat (or powder, as you say), until we get into the lower $6ks, and surely I hope that we do not get there.. because I would prefer NOT to have to engage in any powder reorganizing.. it can a bit messy...and inhaling fumes (from the powder) and all of that...  Wink


I'm fucking out of cash boys.

Better hope that the "bottom is in" at $7,636... or somewhere in such territory.

Perhaps if we float around here for a week or two, you will have more cash come in?  I am not saying that we are going to float around here.. just a hypothetical.

Coronavirus is bullish for the King.

Obviously not..

You guys still think china virus is bullish?

What happened? Why are we following the DOW instead of the inverse?

Is Bitcoin just a luxury?

Get a grip, eddie13.

You should not be attempting to measure any kind of meaningful correlation based on short-term price moves.

Looks like you are merely engaging in emotional outbursts rather than attempting to think through the situation and attempt to assess longer term facts (including potentialities).
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
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.
The purpose is to make me rich. It does that well.

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.
Not how markets work.

Exactly, Ibian...

Bitcoin is not broken, so when the time comes to spend or whatever, no need to worry, peeps are going to spend.  I would rather spend a few bitcoins and eat than to starve, and surely we cannot take our bitcoins with us.

Otherwise, fuck it, I am going to spend my shittier money first, and bitcoin can generate shittier money, and I don't really need to spend my bitcoin.. maybe just a fraction, here and there.

Sure, some people are going to need to spend more of their bitcoin because they might not have any shittier money.  Bitcoin is the least shitty of any money, that is why people prefer to HODL it rather than to spend it.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"

You must have missed my post

https://bitcointalksearch.org/topic/m.53981753

 where I said once I saw the Diamond Princess stats on infections and deaths I ceased to worry bc this is just a bit more lethal than a nasty flu. During the Wuhan shitshow, nobody knew exactly what was going on and the possibility of it being really bad was a real thing. Now, its all just hype and panic over very little.

I did notice your posts bouncing all over the place.

hahahahaha

Lambie bambie, the wannabe WO thread sorcerer, makes sure that s/he/it covers  "all bases."  That way, in the future, s/he/it can proclaim that s/he/it had been prescient.

 Cheesy Cheesy Cheesy Cheesy Cheesy

legendary
Activity: 2268
Merit: 1278

Define real women.

Here is a basic algorithm for picking the right woman

Code:

def woman():
    x = int(input("How big her ass is? (1-10)"))
    y = int(input("How big her tits are? (1-10)"))
    z = int(input("What is her age? (1-100)"))
    t = input("Does she laugh when you make stupid jokes? (yes-no)")

    p = x*y

    if z<30 and z>20 and p>50 and t=="yes":
        print("That's the woman you want to marry yo!")
    else:
        print("Skip to the next candidate.")

woman()

I would quibble with that formula. Quite frankly, if a woman can not give you at least 3-5 kids then she is not good enough. 29 is way, way too old.

You don't want to have more than 2 kids especially when everybody and everything is super stupid in the last 10-15 years.

I wouldn't want my child to watch retarded youtubers on youtube for example. I grow up by watching pokémon and that was the most awesome shit I have ever witnessed.

Even 2 kids is too much tbh. It is either 1 or none. My logic says none but biology says at least one.

So 29 is OK to me.
2 is not enough. It takes more than that just for the species to survive. And the older she is the dumber and sicker the kid will be.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
Bitcoin Halving is approaching, many expectations are noted.

BITCOIN MINING DIFFICULTY SEES HUGE 6.8% INCREASE

Quote
#bitcoin

difficulty adjustment appr. +6,8% today.

I marked the adj. of 5%+ (relevant adj.) from 2015.

green = price higher/equal until next relevant Adj.
red = price lower until next relevant adj.

a relevant adj. doesn´t lead to higher prices in general but often.



Twitter: https://twitter.com/BitcoinPrinter/status/1236971695795253253

Quote
Bitcoin’s hash rate difficulty increased by almost 7% today at 5:50 am. The next scheduled difficulty rate recalibration will take place on March 21st at the very earliest, or in 2016 blocks. As difficulty increases it makes the network much harder to attack.

Source: https://bitcoinist.com/bitcoin-mining-difficulty-sees-huge-6-8-increase/
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