Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8305.

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: Gyrsur on February 27, 2020, 07:29:44 AM

is anybody so kind and explain or send me the link to the DCA strategy please?

BTW, we should start something where the WO terms are explained to Newbies like me. Roll Eyes

Dollar cost averaging is simply deciding how much you want to invest and then dividing it into regular contributions over a given period of time.

ie I want to invest $8000 this year into Tesla so I will make biweekly contributions of $307.69.

This method is supposed to lower your risk with respect to volatility but imagine doing that with a stock that continues to lose value over time - you're giving away your money.
I think the DCA strategy only works when markets are in an uptrend... but I'm no expert.

edit: JJG?

Lambie Slayer

hero member

Activity: 994

Merit: 707

Quote from: Last of the V8s on February 27, 2020, 07:55:35 AM

You ghoulish kids are cute and all but the sars2 only kills 10% of the over 80's and 10% of diabetics etc so it's not that part that's going to sting as much as 2% of all humanity - if you remember what that is - could be killed. One hundred and fifty million souls. If you know 150 people pretty well, 3 will die in the next 18 months of this thing. Of your 1500 acquaintances, 30. 3 Hat-wearing, god-fearing, wall-observing bros might die.

via Imgflip Meme Generator

Its 14.8% for over 80. They probably didnt make a section for 90 and up bc its likely something crazy like 50 percent and it would freak people out.

The lion's share of victims will be over 70.

If you live in a nursing home, or play bingo every week, a huge chunk of your friends will die. If you dont know many elderly then you may not know a single person who dies, but you will see lots of for sale signs in your neighborhood soon. Assuming this spreads everywhere and doesnt fizzle out in the spring.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: somac. on February 27, 2020, 07:51:30 AM

Yeah, but you know what, I still don't want my dad to die.

Post his address on here. I'm sure someone will whack him for you.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: https://www.mintpressnews.com/wall-street-behind-delay-declaring-coronavirus-outbreak-pandemic-bonds/265264/

A little known specialized bond created in 2017 by the World Bank may hold the answer as to why U.S. and global health authorities have declined to label the global spread of the novel coronavirus a “pandemic.” Those bonds, now often referred to as “pandemic bonds,” were ostensibly intended to transfer the risk of potential pandemics in low-income nations to financial markets. Yet, in light of the growing coronavirus outbreak, the investors who purchased those products could lose millions if global health authorities were to use that label in relation to the surge in global coronavirus cases

Lambie Slayer

hero member

Activity: 994

Merit: 707

Quote from: somac. on February 27, 2020, 07:51:30 AM

Quote from: Lambie Slayer on February 27, 2020, 07:48:27 AM

If..... coronavirus wiped out a large portion of the elderly, it would solve 2 huge problems most young people face. Both of these problems were caused by money printing and big government.

Problem 1: Unaffordable housing.

The house market would crash like never seen in modern history if 10s of millions of homes all of the sudden had dead owners and hit the for sale inventory. The young survivors could easily afford homes at that point.

Problem 2: Unaffodable healthcare.

The healthcare industry makes the vast majority of its money form the elderly. A person usually spends more on healthcare in the last 6 months of their life than on their entire life prior.

People with sixth months to live will effectively be wiped out now if the Coronavirus spreads throughout humanity. Anyone in that bad of shape has little chance of surviving.

Prices will have to come down massively as the healthcare industries best customers all perish. I keep reading about drug companies not wanting to spend money on coronavirus vaccine research, but if they dont find one all of their most lucrative customers will die.

Yeah, but you know what, I still don't want my dad to die.

Yes, me neither. It wont be everyone's parents that die. Everyone, including myself is likely hoping that their parents make it through.

Based on mortality by age so far Id estimate about 1 out of 5 people with 2 parents in 70's and up range will have at least one parent die from this virus.

Coronavirus seems to specialize in taking out people who probably didn't have a lot of time left anyway. Not one death under 9 years old so far if the reports are accurate.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

Following the model, for me it will be Bullish.

Quote

Is #bitcoin bullish or bearish? According to the #s2f model, its about bang on where its meant to be. Look at the likelihood. The low likelihood points are becoming less frequent. bullish imo. Remember blue + low=undervalued. Red/orange + low=overvalued. https://btconometrics.com

Source: https://twitter.com/btconometrics/status/1232951660319657984

OutOfMemory

legendary

Activity: 1708

Merit: 3439

Man who stares at charts (and stars, too...)

Quote from: Lambie Slayer on February 27, 2020, 07:52:18 AM

Quote from: vapourminer on February 27, 2020, 07:43:57 AM

Quote from: Gyrsur on February 27, 2020, 07:29:44 AM

is anybody so kind and explain or send me the link to the DCA strategy please?

oh man jjg will be here soon

be ready

Say his name four more times and something bad will happen. Wink

https://www.youtube.com/watch?v=woO-DWwMP8g

Two times could be too much already...

https://www.youtube.com/watch?v=3J7AmojLGrs

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

You ghoulish kids are cute and all but the sars2 only kills ~~10%~~ of the over 80's and ~~10%~~ of diabetics etc so it's not that part that's going to sting as much as 2% of all humanity - if you remember what that is - could be killed. One hundred and fifty million souls. If you know 150 people pretty well, 3 will die in the next 18 months of this thing. Of your 1500 acquaintances, 30. 3 Hat-wearing, god-fearing, wall-observing bros might die.

edit ~15%, ~8%, ~2.3% but there's only been the one big study so far

Lambie Slayer

hero member

Activity: 994

Merit: 707

Quote from: vapourminer on February 27, 2020, 07:43:57 AM

Quote from: Gyrsur on February 27, 2020, 07:29:44 AM

is anybody so kind and explain or send me the link to the DCA strategy please?

oh man jjg will be here soon

be ready

Say his name four more times and something bad will happen. Wink

https://www.youtube.com/watch?v=woO-DWwMP8g

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: Lambie Slayer on February 27, 2020, 07:48:27 AM

If..... coronavirus wiped out a large portion of the elderly, it would solve 2 huge problems most young people face. Both of these problems were caused by money printing and big government.

Problem 1: Unaffordable housing.

The house market would crash like never seen in modern history if 10s of millions of homes all of the sudden had dead owners and hit the for sale inventory. The young survivors could easily afford homes at that point.

Problem 2: Unaffodable healthcare.

The healthcare industry makes the vast majority of its money form the elderly. A person usually spends more on healthcare in the last 6 months of their life than on their entire life prior.

People with sixth months to live will effectively be wiped out now if the Coronavirus spreads throughout humanity. Anyone in that bad of shape has little chance of surviving.

Prices will have to come down massively as the healthcare industries best customers all perish. I keep reading about drug companies not wanting to spend money on coronavirus vaccine research, but if they dont find one all of their most lucrative customers will die.

Yeah, but you know what, I still don't want my dad to die.

bitcoinvest

legendary

Activity: 1124

Merit: 1000

13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

Quote from: Gyrsur on February 27, 2020, 07:48:41 AM

Quote from: bitcoinvest on February 27, 2020, 07:44:29 AM

Greece confirmed today 3 people with Coronavirus and all carnivals canceled as a start....
I see incoming sale off.... ( by the charts )

LIKE

OutOfMemory

legendary

Activity: 1708

Merit: 3439

Man who stares at charts (and stars, too...)

Dems, Reps... Doesn't make much difference.
We're fucked, globally, economically, we just don't realize yet.
Does anybody still thinks politicians are working for us? Roll Eyes

It's we that work for them, they just orchestrate our behaviour, but that's not how democracy should look like. It would cost a lot of our blood to change this.
And even if we wanted to, they would make us to fight against each other than against the establishment for something better.
We're just too dumb (yet) to be really free.
Any government is just elected, temporary dictatorship. The old greeks would likely stab themselves in shame, if they'd know what "democracy" looks like today.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Order book on the buy side starting to get some love now. Only a little but this is a good thing, keep putting in the orders people. I have to wait till next week Sad

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: bitcoinvest on February 27, 2020, 07:44:29 AM

Greece confirmed today 3 people with Coronavirus and all carnivals canceled as a start....
I see incoming sale off.... ( by the charts )

Lambie Slayer

hero member

Activity: 994

Merit: 707

If..... coronavirus wiped out a large portion of the elderly, it would solve 2 huge problems most young people face. Both of these problems were caused by money printing and big government.

Problem 1: Unaffordable housing.

The house market would crash like never seen in modern history if 10s of millions of homes all of the sudden had dead owners and hit the for sale inventory. The young survivors could easily afford homes at that point.

Problem 2: Unaffodable healthcare.

The healthcare industry makes the vast majority of its money from the elderly. A person usually spends more on healthcare in the last 6 months of their life than on their entire life prior.

People with sixth months to live will effectively be wiped out now if the Coronavirus spreads throughout humanity. Anyone in that bad of shape has little chance of surviving.

Prices will have to come down massively as the healthcare industries best customers all perish. I keep reading about drug companies not wanting to spend money on coronavirus vaccine research, but if they dont find one all of their most lucrative customers will die.

STT

legendary

Activity: 4102

Merit: 1454

Quote

Youngsters are extremely pro-Bernie/pro-Corbyn.

They also want to split the union and have Scotland a separate country but study the figures and its not actually possible in any effective way. Ditto Bernie, awesome stuff bro but these figures dont add up and the budget proposed can never be balanced. Corbyn supported Venezuela and that is where you are going to end up with awful finance policies. Doesnt have to be about politics, its about remembering how to count to ten and why it matters.

BTC is turning like an oil tanker, slowly but the base price might hold and we can gain upwards some. Cautious while markets are hurting generally.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: ?? on ??

#random Retirement is strange. I'm primarily living off of Bitcoin-funded fiat investments, that pay me out monthly over the next couple decades or so, and I find it highly amusing that I'm using portions of those disbursements to re-buy corn-dip.

/shrugs

Hopefully I can say this is me in 2022!
I’m still only 33

Go BTC Go !!!!!

bitcoinvest

legendary

Activity: 1124

Merit: 1000

13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

Greece confirmed today 3 people with Coronavirus and all carnivals canceled as a start....
I see incoming sale off.... ( by the charts )

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: Gyrsur on February 27, 2020, 07:29:44 AM

is anybody so kind and explain or send me the link to the DCA strategy please?

oh man jjg will be here soon

be ready

Lambie Slayer

hero member

Activity: 994

Merit: 707

Quote from: Phil_S on February 27, 2020, 07:07:59 AM

Quote from: Ibian on February 27, 2020, 06:52:39 AM

The fact of the matter is that it was the boomers who voted in socialism in practically the entire world. They deserve to die, and they need to die before we have even the possibility of building something better.

And I'm saying this as someone with old parents. Good parents at that, even. But a few worthwhile people, if they are, do not make up for an entire world run by old people who deliberately make things worse.

If Corona-chan kills most people over 60 and stops unlimited immigration, then it may in the long run turn out to be a good thing. Even better if the world turns on the chinese for releasing it.

Careful what you wish for... Youngsters are extremely pro-Bernie/pro-Corbyn.

https://nymag.com/intelligencer/2020/02/this-one-chart-explains-why-young-voters-back-bernie-sanders.html

Quote

An Economist/YouGov poll released this week found that 60 percent of Democrats younger than 30 support either Bernie Sanders or Elizabeth Warren; among those 65 and older, the progressive candidates’ combined total was 27 percent.

That young people are clamoring for radical left-wing reform in such exceptional numbers would be noteworthy enough, were it confined to the United States. But the phenomenon is apparent throughout the Anglophone world.

Millennial leftists lifted Jeremy Corbyn to the leadership of Britain’s Labour party, and their peers would have put him in 10 Downing Street if they’d had their druthers: Exit polls of the 2019 British election found Corbyn’s party winning voters under 30 by roughly 55 percent, even as it claimed just 14 percent of those over 70.

Bernie has a bad heart. Two stents. He is almost 80. I doubt he survives Coronavirus. Who becomes the dem nominee I wonder if the winner dies during the race?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8305. (Read 26710773 times)