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641  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2020, 12:36:08 PM
Quote
Wuhan virology institute denies rumors
The Wuhan Institute of Virology has denied online rumors that one of its graduates was “patient zero” of the coronavirus outbreak. The institute has been the subject of numerous rumors and conspiracy theories since the outbreak began.
A statement (link in Chinese) from the institute said the student in question is healthy, has been working outside Hubei province, and has not gone back to Wuhan since graduation.
“Patient zero” refers to the first person to contract and spread a virus, beginning an epidemic. In the Covid-19 outbreak, patient zero remains unknown. An article published in British medical journal The Lancet studying the first batch of 41 patients in Wuhan said that the symptom onset date of the first patient identified was Dec. 1.
Lab researchers and medical experts around the world have also denied rumors that the virus was man-made or leaked by the lab. The Wuhan Institute of Virology is the only P4 level biosafety laboratory in China, the country’s highest level of biosecurity.

https://www.caixinglobal.com/2020-02-16/coronavirus-sunday-update-cases-worldwide-surpass-69000-us-to-evacuate-citizens-aboard-ship-quarantined-off-japan-101516112.html
642  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2020, 05:56:47 AM
I don’t really care about 4%.  The only question is whether through bitcoin I can have more money than I would have had working until retirement.  This is a self fulfilling prophecy - eventually I will get to that point as my time to 65 shrinks every year that passes.  The only question is when that tipping point occurs.  I will keep going until then.  
643  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2020, 05:05:45 AM
Since some here are in philosophizing mode tonight...
a question...
At which point does regular job become rather meaningless?
When savings equal 50 yearly salaries? 100? 1000?
Personally, I think that the number is very individual and depends on whether you like you regular job or not.
However, I would think that at 500-1000X most would consider at least easing out of a regular job and, maybe, pursue some personal growth hobbies or activities (travel, yachting, art, collecting, etc).
I am still working for a living and will be for a duration, hopefully.

When savings exceed your future life time earnings prior to retirement + retirement savings. 
644  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2020, 02:25:59 AM
645  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2020, 05:14:59 PM
LOL

noob learns that slippage on bitmex is a thing




I think I can see the problem...
646  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2020, 11:51:41 AM
What, me worry?

647  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2020, 07:30:49 AM
Good morning WO,
I just observed 10,500@Stamp,
But then some weak hands dumped and we are going the other way round.

Please disperse,
Nothing to see here.
1BTC=1BTC

Once you touch $10,500 you will go through. It is inevitable.
648  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2020, 07:20:07 AM
649  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2020, 03:55:29 AM
Stats to watch:





2 new cases but significant decrease in cases under investigation.



2 new cases, 10% increase in cases under investigation.  Not a great sign.



Three new cases. Cases under investigation have almost tripled overnight, but only 30% up on previous high.   Some new cases have not yet been linked with existing cases, suggesting hidden transmission in the community.



16% in critical condition. 

Quote
To date, a total of 15 cases have fully recovered from the infection and have been discharged from hospital. Of the 35 confirmed cases who are still in hospital, most are stable or improving. Eight are in critical condition in the intensive care unit.

https://www.moh.gov.sg/news-highlights/details/six-more-cases-discharged-three-new-cases-of-covid-19-infection-confirmed
650  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2020, 03:50:15 AM
Honestly: How many dead are we supposed to have tomorrow?

Depends if the authorities change the way they count the dead
651  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2020, 12:07:07 AM
Shorting bull markets pays poorly. 
652  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2020, 08:25:25 PM
Add an electric car that runs off solar panels for when fuel supplies get cut
653  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2020, 07:43:49 PM
Their are a lot of great cars that you can buy that will actually appreciate in value, as a good investment, even including some Lambos..
Don't buy a newer Lambo whose value is falling off a cliff, buy a classic Lambo whose value is steady and going up from here..

Off the top of my head some good investment cars would be an e30 M3, Porsche 951/928.. 911s might be a bit overbought still but will hold great value..

You guys are talking about buying modern electronics packed cars that will be a maintenance nightmares destined for the crusher.. (Mercedes)
Maybe a classic Mercedes Cosworth would be a good option..  

For anything relatively new I would look into the new Corvettes.. Probably faster than them Lambos and cheaper to buy/maintain, more reliable, etc..

I don't like newer cars much though..
No way I'd sink money into a new Range Rover.. You'd probably lose more money on the rover than you would on a new Lambo..
Those things are very expensive new and depreciate like wildfire due to their incredible unreliability, always breaking..
They are owned by India's Tata and have been plagued by horrible quality control in their Chinese manufacturing..
Google "Land Rover china" (coronachan bites them recently) and then "Land Rover china quality control" to see about their recent issues..

Modern Land Rover is fine.  They make a great product and they are as reliable as any other marque.  Never thought I would say this but Tata buying them is the best thing that ever happened to them. They pumped in money and let the engineers get on with it.

Never had to deal with JLR China so can’t comment on cars built for the Chinese market.  However Chinese tastes are very different from the West.  They like big flashy cars with small price tags, which ends up with horrible underpowered boats.  Audi A5s with 1.8 litre engines - wtf?
654  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2020, 09:36:37 AM
Fuck

Quote
HEALTHCARE WORKER AMONG BRITS INFECTED

A healthcare worker at Worthing Hospital is among the eight confirmed cases of coronavirus in the UK.

Staff at the West Sussex hospital received a memo on Tuesday telling them a member of staff working in A&E had been infected with the disease.

A spokeswomen for the Department of Health said that all services at the hospital, including surgery, were operating as normal.

It is understood the healthcare worker at Worthing Hospital is not the same person as the doctor working in Brighton, who is also one of the eight cases.

Quote
CORONAVIRUS PRISONER' WAS DRUG-DEALING KINGPIN EXTRADITED FROM THAILAND

An alleged drug-dealing kingpin is at the centre of a suspected corona-virus outbreak at a high-security jail.

Mark Rumble, 31, arrived back in the UK on January 27 after being extradited from Thailand to face charges of conspiracy to supply class A drugs.

He collapsed in his cell at category B HMP Bullingdon, near Bicester, Oxfordshire, days later.

Tonight hundreds of inmates were confined to their cells as panic spread.

An entire wing at the jail has been shut off with three cons now being tested for coronavirus.

Quote
BOJO SAYS RELAX

The PM has said the UK should be “confident and calm” amid the coronavirus threat.

He has urged Brits to “simply follow [the NHS'] advice”.

He spoke as cases rose across the UK.

https://www.thesun.co.uk/news/10913096/coronavirus-uk-nhs-brighton-live/
655  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2020, 08:08:30 AM
I don’t really care if forestry workers are as productive as they could be, so long as they keep cutting down the trees and I don’t need to be anywhere near them when they do it.  

It is absolutely imperative we don’t give them any other career options, otherwise they might become data scientists or entrepreneurs and compete with my business.  

Accordingly high tuition fees are a critical tool in making sure we don’t run out of forestry workers, fishermen, roughnecks and toilet cleaners.  People are generally pretty smart, so you can’t keep them down if we don’t have systemic barriers to social mobility.  
656  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2020, 07:52:10 AM
https://www.unz.com/chopkins/bernie-sanders-commie-kill-swarm/

Quote
Jesus, just imagine the freedomless horror if Americans could go to university, and, you know, maybe raise a child or two, without spending the rest of their lives in debt!

out fucking standing...lol

Umm... you realize that shit needs to be paid for _somehow_, right?
Having a larger more educated workforce should pay off in the long run.  If the costs are insanely high like current private college costs then maybe you're right though.

The benefits to the community of having a higher educated population are something like 5x the tuition fees. Just the tax rake from higher educated professionals more than pays for free tuition a number of times over.

But this isn’t an economic argument - it’s about how can we ensure that we can continue to have a lower class to do all the dirty and dangerous work.  I sure as hell don’t want to do it.  We can’t have people getting ideas above their station. 
657  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2020, 07:41:54 AM
Oh my.  I do love the smell of napalm in the morning.

658  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2020, 09:22:51 PM
Stats to watch:





2 new cases but significant decrease in cases under investigation.



2 new cases, 10% increase in cases under investigation.  Not a great sign.

659  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2020, 09:19:22 PM
I hate all of you punny folk so much right now.

Don’t be a h8ter, our memes are going to go viral
660  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2020, 07:18:23 PM
It’s catching on
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