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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8410. (Read 26713953 times)

legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
Many have spoken badly about Bitcoin, but they do not see its history, some compare it to gold, they have called it Digital Gold, it is well known that in many countries it is used as a Shelter of Value ..

Quote
The #Bitcoin price never experienced a bear market according to this chart.

$BTC yearly candles 👇🏻



Source: https://twitter.com/themooncarl/status/1228656559913406465
legendary
Activity: 2996
Merit: 1903
I want to touch on supply chain disruption.  That lunar new year holiday is a real thing.  It is well known in the West that China basically shuts down for two weeks this time of year, so enterprises will have planned ahead and stocked up on critical parts ahead of time, therefore we will be somewhat insulated from supply chain shocks until (the end of the holiday + the proverbial slow boat shipping time).  It is expensive to actually shutter and restart production lines so manufacturers will first slow production to husband rare parts while allowing employees to take elective time off and performing maintenance tasks on parts of their line.

However, over the next month or so, the boats will fail to arrive and the parts will run out.


something something

profit?


We (our import company in Peru) still have not heard anything back from our Chinese ball bearing suppliers.  China now supplies us with some 25% ($-value) of our items.  We started asking them a few days ago, and none of the three have answered.

We will likely have to go with more Korean product, but many of our customers there in Peru are now addicted to low prices. 

Yet we have customers who buy *special pieces* (items that ONLY Chinese plants make), they may be screwed when inventories in Peru run out.  New metal bearings are not the kind of product that is easy to just "start making" either, as they are precision parts made of special steel.

If this whole Covid-19 gets worse, there are many supply chains that will be disrupted, with high (but hard to quantify) costs.
legendary
Activity: 3388
Merit: 3514
born once atheist
My neighbor asked me what's the latest on the virus armageddon and how to build a bunker.
I told him to google bitcoin price speculation.
He was like... WTF?....
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
#random Anyone hear from The Mayor lately ? Hoping they are still hanging in there, and getting better.

toxic also still MIA

I miss those guys

I was hoping you had heard from the Mayor Bob
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Where in this chain of events do you see any profit?

Bitcoin is long apocalypse brother
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o

Ei!
Observing @ $9,903 while prying for Liverpool to score.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
I want to touch on supply chain disruption.  That lunar new year holiday is a real thing.  It is well known in the West that China basically shuts down for two weeks this time of year, so enterprises will have planned ahead and stocked up on critical parts ahead of time, therefore we will be somewhat insulated from supply chain shocks until (the end of the holiday + the proverbial slow boat shipping time).  It is expensive to actually shutter and restart production lines so manufacturers will first slow production to husband rare parts while allowing employees to take elective time off and performing maintenance tasks on parts of their line.

However, over the next month or so, the boats will fail to arrive and the parts will run out.


something something

profit?

I was gonna order some new clasps for my online shop from China, answer? no can do.
So they cant sell and /or ship and therefore have to close down the factory for the time being, and I cant sell in my online shop because I cant get any deliveries and the ships get less to ship. Where in this chain of events do you see any profit?

And also, zweiundvierzig doesn't rhyme with blue.

legendary
Activity: 1795
Merit: 1208
This is not OK.
legendary
Activity: 1652
Merit: 4393
Be a bank
perhaps there was just too much inventory over here and it needed running down
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
I want to touch on supply chain disruption.  That lunar new year holiday is a real thing.  It is well known in the West that China basically shuts down for two weeks this time of year, so enterprises will have planned ahead and stocked up on critical parts ahead of time, therefore we will be somewhat insulated from supply chain shocks until (the end of the holiday + the proverbial slow boat shipping time).  It is expensive to actually shutter and restart production lines so manufacturers will first slow production to husband rare parts while allowing employees to take elective time off and performing maintenance tasks on parts of their line.

However, over the next month or so, the boats will fail to arrive and the parts will run out.


something something

profit?
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Oi! Who is joining me in Liverpool match? 3 - 0?
I am having chicken wings and they are flue free I guess 😜

Obviously me Smiley
I know you are not gonna miss it. Where is the dude guy? Missed you lot a lot.
nohomo lol

Dude has a few RL issues he’s dealing with at the moment so he’s taken a little time off here. He’s OK though, healthy etc, no danger.
Good to hear that he is ok.
Get ready for the 2nd half to punish Norwich.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Here's my thoughts on the origin of the virus.
I think it accidentally got out from the lab in Wuhan, where they were trying to make a vaccin against corona viruses.
The reason for the vaccin development is the fact that it hits Asians much harder than non Asians and therefor would make a good bio weapon to use against china.
And because of  low Chinese safety awareness they are now shooting themselves in the foot.
I think it's a deliberate bioweapon. Narcissistic communist leaders, it's the sort of thing they would do.

It just feels like something 'The Club' would do to disrupt the markets. A manufactured Black Swan "event" combined with false flag dis-information.

Hell, no one knows if any of the metrics data is even accurate. Much of it could be completely false. Just made up bullshit. Half of all these photos we seen of doctors in hazmats and patients on gurneys could be completely staged with state-sponsored "actors" just to stir up more fear.

Either that, or the western 'Club' legit released it to slow down or disrupt Chinese goods production. They don't want to have to keep buying their produced shit under the current trade agreement contracts, because the inventory is not moving in the West. Retail commerce is at a complete standstill, not only in the West but worldwide.

This pretty much sums it up
https://m.youtube.com/watch?v=5qm8PH4xAss
hero member
Activity: 750
Merit: 601
Oh and in regards to lethality: Calculate deaths/(deaths+cured).

Don't know why people keep using total number of infected. It makes no sense. Some of those people are going to die.

Because death occurs earlier in the disease cycle than cured state, (cured may be pronounced many weeks after the onset whereas death in a couple of weeks)
and especially at the beginning of the outbreak this figure will be weighted too far towards a high mortality rate, and equally makes no sense at this point.

You can easily see the error of using this method in the first few weeks, say 5 people died, but nobody has been declared cured, giving a 100% mortality rate.


Bear attempts look pretty futile, nobody else appears to be jumping aboard.
Again, some of the infected are going to die. And we don't know how many of them. We do know how many died and how many were cured. Convenience is no excuse for deliberately fudging the numbers. And it's not 5 people anymore.

I don't dispute that the numbers are fudged, I'm disputing that your alternative method to calculate the mortality rate is also wrong. Even if the available figures were correct, which they are not, there is no way to calculate an accurate mortality rate.Most likely, it lies somewhere between your value and the media's  value, with such a large range it's not very helpful.

(5 was a made up figure, to illustrate the error in the methodology.)

I don't see the problem. Infected people will either end up in the dead category or the cured category. What's missing?

People die quicker than they are declared cured. This difference means that at any point in time the dead is known, but the number who will be cured lags by weeks, weighting the statistic towards a higher mortality rate.

legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
The people who catch it first are the lucky ones. They will get the best treatment available. After a small percent of the population gets it the hospital beds and medical staff will quickly be at full capacity in every country.

Take the U.S. for example. With about 100,000 ICU beds in the whole country that means there is only about 1 ICU bed per 3300 people.

There are about 600,000 hospital beds total in the U.S., which means one bed for every 550 people, but if your condition is critical, you will need an ICU bed or most likely you will die.

Lets also remember a huge chunk of those beds already have people dying of the typical things that kill people when people arent busy dying from possible Communist Bioweapons.

As the hospitals fill up with Aids Flu patients the other sickly non coronavirus patients will inevitably catch it too and since they are already weak, they are the most likely not to make it.

TLDR

Buy and or Hodl Bitcoin. Defunding irresponsible governments is the best prevention for shitshows like we are now seeing.


they can go on over the top crime sprees while the cops and everybody else are hacking their brains out
legendary
Activity: 3794
Merit: 5474
Here's my thoughts on the origin of the virus.
I think it accidentally got out from the lab in Wuhan, where they were trying to make a vaccin against corona viruses.
The reason for the vaccin development is the fact that it hits Asians much harder than non Asians and therefor would make a good bio weapon to use against china.
And because of  low Chinese safety awareness they are now shooting themselves in the foot.
I think it's a deliberate bioweapon. Narcissistic communist leaders, it's the sort of thing they would do.

It just feels like something 'The Club' would do to disrupt the markets. A manufactured Black Swan "event" combined with false flag dis-information.

Hell, no one knows if any of the metrics data is even accurate. Much of it could be completely false. Just made up bullshit. Half of all these photos we seen of doctors in hazmats and patients on gurneys could be completely staged with state-sponsored "actors" just to stir up more fear.

Either that, or the western 'Club' legit released it to slow down or disrupt Chinese goods production. They don't want to have to keep buying their produced shit under the current trade agreement contracts, because the inventory is not moving in the West. Retail commerce is at a complete standstill, not only in the West but worldwide.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
is that really all they got?
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
It seems like we just got a much-needed correction.

Now let's go above $10k again!
The actual **** just happened? Sad

I think we need to get a new meme for the price to pump up to $10k so to stay there this time.
legendary
Activity: 2268
Merit: 1278
Oh and in regards to lethality: Calculate deaths/(deaths+cured).

Don't know why people keep using total number of infected. It makes no sense. Some of those people are going to die.

Because death occurs earlier in the disease cycle than cured state, (cured may be pronounced many weeks after the onset whereas death in a couple of weeks)
and especially at the beginning of the outbreak this figure will be weighted too far towards a high mortality rate, and equally makes no sense at this point.

You can easily see the error of using this method in the first few weeks, say 5 people died, but nobody has been declared cured, giving a 100% mortality rate.


Bear attempts look pretty futile, nobody else appears to be jumping aboard.
Again, some of the infected are going to die. And we don't know how many of them. We do know how many died and how many were cured. Convenience is no excuse for deliberately fudging the numbers. And it's not 5 people anymore.

I don't dispute that the numbers are fudged, I'm disputing that your alternative method to calculate the mortality rate is also wrong. Even if the available figures were correct, which they are not, there is no way to calculate an accurate mortality rate.Most likely, it lies somewhere between your value and the media's  value, with such a large range it's not very helpful.

(5 was a made up figure, to illustrate the error in the methodology.)

I don't see the problem. Infected people will either end up in the dead category or the cured category. What's missing?
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