Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8630. (Read 26728185 times)

"Wuhan is the capital of Hubei province..."
Now Huobi exchange is involved? This is just too much of a coincidence where's my tin foil hat. Or i'm just a typical white person  

Weird enough every time I read Wuhan I think about Jihan Wu. Seriously.

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Is bitcoin a leading indicator of  the coronavirus outbreak?
https://www.forbes.com/sites/investor/2020/01/27/bitcoin-is-a-leading-indicator-of-the-coronavirus-outbreak/

Most people had no clue what a "germ" was. The germ theory of disease hadn't even been around long. People had no idea about hand washing or basic sanitation.

But yes, that could be offset to some extent by the reasons you mentioned.

I just have a tendency to think the media overblows all of this. They're estimating they'll have a vaccine ready in 6-8 months anyway. We'll last that long, at least.

I think this just may work. 

It might be a big nothing burger, but since China lies so much it could also be the mythological Big One. The annoying part is we cant rule out either one.

At the end of the day, despite what China says you have to look at their actions and their actions say that they quarantined about 1 percent of the worlds population and about 5 percent of their totoal population, so their actions say its a huge problem.

If I was forced to bet on it Id say most countries will contain it and suffer little damage, but I dont like the fact that there is a legit possibility it turns into a global shitshow.

Usually viruses mutate into less deadly strains bc the ones that quickly immobilize their host dont spread as much while the milder ones spread farther and wider bc their host is more mobile, so maybe Wuhan gets fucked and everybody else is fine.

The Spanish Flu was an interesting case in that it did the opposite bc it hit during WWI and the soldiers who got a mild version kept put and fought on in their trenches while the soldiers who got a stronger mutation were too sick to fight and shipped away to hospitals for treatment. This meant the more deadly virus mutations spread faster and farther.

Eventually 30 percent of the globe was infected and 3-5 percent of the entire population died. Most nations lied to their citizens and said everything was all good bc they didnt want to hurt war morale. Spain was neutral in the war and hadnt enacted wartime censorship of the press so journalists would write about how bad it was in Spain and it got named after Spain for no real good reason.

This time nations will lie to their citizens and downplay the threat in hopes of keeping the everything bubble propped up a bit longer imo.

My standard death plan holds:
1) Have Alcor cut off your head and stick it in a freezer.
2) Have tattoed on your forehead "Inside this brain is a wallet password for 10 bitcoins. Defrost me and it's yours"
3) Wait until bitcoin is worth the wealth of a good sized country.
4) Enjoy as everyone develops tech to revive you to get the coins
5) Give them the password for the 10btc wallet.
6) Cash out the other 50 btc wallet in your head.

Simple.

3-5% of the worlds population died of H1N1 in 1918

but but, we has medical sciences now

we also have far greater mobility and we are packed in tighter

whats wrong with beam ?

Much ado about nothing IMO

But but... mass deaths would probably mean RE prices drop due to reduced demand!

Oh wait, it also means I will be able to buy moar RE with my BTC.  

Ok... nevermind... just let it be.

Now being serious... Don't you guys think this virus thingy is already being a bit overrated?

quoted for future derision

Come to think of it mass deaths would be good for surviving hodlers as many coins will be lost forever.

If you get the Bat Plague you have a good chance of surviving, but.... you also have a good chance of spending weeks on a breathing machine enduring painful endotracheal intubation. 

I cant speak for the reliability of the estimates but Ive read of up to 25 percent of infections resulting in acute pneumonia requiring intensive care and breathing assistance. 

But if disasters end up making Bitcoin moon, your 40k ICU bill might only be .2 Bitcoins. Probably best to eat a few bats and get sick early before the hospitals fill up though.

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No shit, be buried with a BIG WALLET!!!

No one's going to mourn me unless I pay them.

I'll leave a legacy to fund a mysterious  bint to leave a Venus fly trap on my grave every year like Rudolph Valentino.

we get solid gold toe tags

Long term, I am not sure that having an association between disasters and btc price is a good thing.
On the other hand, rightly or wrongly, WO always prognosticates high btc prices if and when fiat system collapses.
Mixed feelings on this one. Having lots of money when put in the casket is not my idea of fun.

Aminorex got it right