So to hear Lambie and Torque tell it, the Chinese/Iranian and Western elites were all in on this scam together to fool us?
Yeah, not sure I am buying that.
Not quite what I hear them saying, but here's a sobering narrative on markets and the situation. https://www.youtube.com/watch?v=SroVO0DsLFQ
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Someone please tell me that it is not true something like the global economic crisis, and bitcoin led the way down, then gold, crude oil, everything, ... where did the money flow go during this time What the hell is going on Corona is not the reason, certainly, it is just an excuse Bitcoin can't even survive this storm, what the hell do we trust it in the future Now it's like a piece of shit, damn Bitcoin Calm your tits ChuckBuck, I see you've removed your hat and you're looking for Fiat. This one's more suitable for you today.
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Covbull-19 is still bullish af
Sure.... Just wait till people wise up and realize its not a real threat and they got bamboozled by the alarmists. That's when the magic happens and price will reflect all the money printing. That's the problem, its all just narrative and the herd will believe anything as long as it has some feeling-threat of impact on their lives. They don't tend to wise up very quickly. Look how many still run the 9/11 narrative.
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"Another proof that bitcoin is not a good hedge versus risky assets in risk-off episodes. It actually falls more than risky assets during risk-off." Is BTC worth anything at all anymore after this shitshow performance? Unsure.. If it doesn't hedge against the normie economy.... then.... Fuck it.. Junk.. The age of Bitcoin education is still early. Bitcoin moves like normal markets today because normal (Keynesian) thinking is applied. Nothing has changed, there's still ONLY 21 million while its hedge is bottomless. Bitcoin will not 'perform' well when cash is seen as the stronger asset such as today when people are thinking a recession/depression is coming. It's true, cash will be useful, until its not. Bitcoin will 'perform' well when inflation is felt or if the dollar collapses or is de-platformed globally, FED fails or is removed, people overthrow banking & wall street, basically the hedge is -Bitcoin will perform well in monetary reform Hodl and by all means stack stats if you can.
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I am out of my position from 4550USD.
Few moments later it went from 4000 to 4800 after I sold.
I am a nocoiner now.
Only lost $2k from my initial investment but who knows how much I lost from my future profits.
I just deleted every signature gain, every fork gain I got.
Thank you mindrust, your contribution was appreciated. Now above 5k- you may re-enter above 6k.
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Unless she was in Wuhan you SO didn’t catch it in November
Wuhan travels, especially to S.Vietnam. Chinese are the largest tourist sector (were). I have fair reason to believe the virus has been around longer than the announcement dates in December/ January.
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Italy has a 3.5% mortality rate with one of the best health systems in the world. It’s not the fucking flu.
It’s a sort of flu, but much more serious as a common one, though I don’t know the current measures are necessarily.... Sometimes I think we should just under go it then again if it’s much more serious and more people getting dead cause it, then I understand we have to take care and things must happen We now have friends whom have caught and recovered (not official tested), myself and my SO included. If that's accurate, it was a weak ass flu that takes you down for 2-3 days then low level energy for a few days, but a slow full recovery and if you've got any existing (respiratory for example) compromises, it'll hang out there until the immune system finally kicks which could take weeks (which was my case) 2 other friends also became sick, 40's and 50's during my stay on Phu Quy in January where I caught it from, they recovered within a week. The friend who we suspect caught it in Milan, traveled to S.Africa before showing symptoms, he passed it on to another friend but not his SO, he's living a very healthy lifestyle but living with HIV and a cancer survivor in his early 60's. He recovered within a week. My SO caught it early on, before the announcement in January, actually we believe she caught it in late November in S.Vietnam around many Chinese travelers. She's healthy without pre-existing compromises to the immunity system. She describes it as the strongest flu she's ever encountered and and felt like death. She ,early 40's recovered within 10 days with ginger tea. I've been tracking known flu results of several others as well. My hypothesis is that this is the fucking flu, It's getting weaker and weaker as time moves on but contagion remains easy because this is a completely foreign strain. Sorry, no factual proof as usual from me on ground 0 but this is the only virus I've seen in the wild this year and I move a fair bit so I believe its probable that I've already been exposed and have account of other experiences. As more personal accounts appear and recover, I expect the panic to subside significantly once people realize its not gonna kill them. I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer. One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno
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I'm either handling this dip and the virus like a Chad or I'm about to get seriously bent. BBQ, scotch, music, SO, health, time. Fuck the world and its problems, don't forget to enjoy yourself.
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Wow, what a ride! Took another piece under 6K, feels nice getting more for the dollars. Time to lower the DCA
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Mempool is empty currently, it fills and empties rhythmically over the last week. Thinking this isn't panic selling, just shakeouts. Bought a small bit and it confirmed in about 1 minute. https://jochen-hoenicke.de/queue/#0,1w
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The fear is real! Corona eating us and the markets alive! Hard time to buy RN but happy for the discount. RSI below 30 on daily and just over 30 hourly. Observing $74xx Floor around $6500 I presume.
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reform is coming Bitcoin is positioning hold because you know
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Trying to update mynode last couple hours and its proving to be beyond my understanding. If anyone's able to help, I'm stuck. Here's the instructions: 1. Start by running myNode on your device via the instructions above in "Running myNode" 2. Clone the latest release from the git repo on your PC or laptop * Run 'git clone https://github.com/mynodebtc/mynode.git --branch latest_release' * Run 'cd mynode' 3. Run 'make rootfs' 4. Run 'make start_file_server' * This will run a local HTTP server so your device can download files 5. On your device, run 'sudo mynode-local-upgrade [dev pc ip address]' * This will download your locally generated artifact and install it on your device * Your device will automatically reboot to ensure updates take effect 6. Optional: Run 'make stop_file_server' * This will stop the local HTTP server 7. You are now running the latest version of myNode software! I'm stuck at #3 Using git bash on windows 10 I get this: user@mycomputer MINGW64 ~/mynode (master) $ make rootfs bash: make: command not found Not sure what I'm doing wrong Your mistake is using Windows, tools/software make isn't available by default on Windows. I saw people port tool make to Windows, but i don't know if it's stable or still updated. My suggestion is run the guide from linux distro which have live OS feature such as Ubuntu. If you're not sure how to do it, see https://ubuntu.com/tutorials/tutorial-create-a-usb-stick-on-windowsDamn, windows Thanks, recently I made a bootable ubuntu flash drive and followed directions to install alongside Windows for a dual boot experience however I'm not sure its working, still can't figure out how to boot into ubuntu (just goes to windows). I can use ubuntu live from usb at startup but cannot save anything locally. Tried this tutorial.
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Trying to update mynode last couple hours and its proving to be beyond my understanding. If anyone's able to help, I'm stuck. Here's the instructions: 1. Start by running myNode on your device via the instructions above in "Running myNode" 2. Clone the latest release from the git repo on your PC or laptop * Run 'git clone https://github.com/mynodebtc/mynode.git --branch latest_release' * Run 'cd mynode' 3. Run 'make rootfs' 4. Run 'make start_file_server' * This will run a local HTTP server so your device can download files 5. On your device, run 'sudo mynode-local-upgrade [dev pc ip address]' * This will download your locally generated artifact and install it on your device * Your device will automatically reboot to ensure updates take effect 6. Optional: Run 'make stop_file_server' * This will stop the local HTTP server 7. You are now running the latest version of myNode software! I'm stuck at #3 Using git bash on windows 10 I get this: user@mycomputer MINGW64 ~/mynode (master) $ make rootfs bash: make: command not found Not sure what I'm doing wrong
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Success! Finally got MyNode running on Raspberry Pi 4. Took about 28 hours to download it and finish the sync to the pi and powered only with the official RPi cable. I'll be trying to upgrade it manually next and then, figure out how to access it from another network.
28 hours is impressive. It took one full month to reindex and vaidate the blockchain (downloading was pretty fast actually) on my Rpi3. 28 hours is good. I did 6 with a 2000 dollar pc. seems like it is competive at last. so this was a rasp pi 4. correct? what is it loaded to a ssd or a hdd or a sd card? Yes, rasp pi 4 with the image flashed to the sd card and core downloaded and synced to a 2 tb hdd (no external power)
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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. BTC following the stock market should not necessarily be a concern. Whales in this space alike the small guy are also deep into other markets. Margin calls will need liquidity and its only natural that its taken from the profit zones (BTC) to do it. Bitcoin has proven itself time after time and is a re-education camp for monetary policy. When there are no more profits to extract from BTC, the hedges will fall right back where they make sense.
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The debt market is currently the largest threat facing mankind with a potential correction to human life which could dwarf the fatalities of this virus by orders of magnitude. The real virus has gone completely unchecked at the FED since 2008. Looks like we may skip the recession and head straight into depression. Am I over-reacting?
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Success! Finally got MyNode running on Raspberry Pi 4. Took about 28 hours to download it and finish the sync to the pi and powered only with the official RPi cable. I'll be trying to upgrade it manually next and then, figure out how to access it from another network.
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Don’t panic Maybe Remdesivir will save the world, just need some time to wait for the result of clinical trial. As I know from the news, it is best medicine so far to combat the COVID-19.
Possibly another medicine here.
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How about about the bond market yeild curves? The 10 & 30 year just fell off a cliff to ATL. We may be witnessing the end of the petro dollar.
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