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1801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2020, 07:43:17 PM
I guess there's no such thing as bad publicity, is there?

Bank of England governor-designate Andrew Bailey says: 'If you want to buy bitcoin, be prepared to lose all your money'

https://www.theblockcrypto.com/linked/57778/bank-of-england-governor-designate-if-you-want-to-buy-bitcoin-be-prepared-to-lose-all-your-money
1802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2020, 03:02:36 PM
It's not a pendulum, it's a cycle. It can't restart before it has either completed or a specific type of event happens that resets it. The "pendulum" does not simply stop at the halfway point and then go in the other direction.
It kind of does. It swings one way until it can't anymore, gradually slows down to zero, reverses its direction and repeats the same action but mirrored, then it resets and begins a new cycle.

It's the same thing, in some sense. If you project circular motion onto any straight line coplanar with the circle, you get harmonic (pendulum) motion.
1803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2020, 04:27:03 PM
Observing unusually sharp spikes in the price over short time scales. Smells like sloppy whales accumulating more than selloffs.
1804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2020, 04:16:12 PM
Dow-Jones Industrial sat on a wall
With Standard and Poor's, he took a great fall
And all the King's printers and all the King's hoes
Couldn't bring either back on their toes
1805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2020, 02:44:20 PM
Risk is a statistical measure, e.g. the expected loss of a strategy, asset or portfolio.

Not quite. Its the probability that a gain or a loss will differ significantly from what is expected.

This debate caught my interest, so I've looked through Wikipedia and glanced through Investopedia, but I haven't found an unequivocal statement about risk being a probability (pure number) or an expectation (currency units). No clear cut equation anywhere. Some pages say only downside enters the calculation, which would make a negative outcome impossible.

As a layman, I'm left thinking that the unqualified term 'risk' isn't well suited to numerical discussion. Other more precisely defined quantities might be better for that.
1806  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2020, 02:18:11 PM
Never seen so much panic about most likely nothing too horrific




TL;DR Keep calm and wash hands.


+1 WoSMerit
1807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2020, 02:03:01 PM
Syllable counting,
what haiku is all about,
such an epic fail.


I got this motherfuckers. Cool

Better count by ear,
you got it, motherfucker!
Gave you my last one Wink



1808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2020, 02:00:22 PM
There was a young bitcoiner called cryptotourist
Who, far from being a haiku purist
Used dodgy counting tools
Taking us all quite for fools
And telling us all about his poor wrist.

Spicy limericks over contemplative haikus any day, eh?

+1 WoSMerit
1809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2020, 12:38:41 AM
Twenty-one years old,
her scent is of mixed flowers,
who's your daddy?


#haiku



I'm not getting it... I might have missed some old post this one relates to. What's that about? Is it by any chance connected to your proud achievement of a double bean flick today?

The haiku itself is beautiful. Pity for the messed up syllable count.
1810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2020, 02:59:50 PM
-snip-
Quote
Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE)

Name checks out.
1811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2020, 06:13:30 PM
Virus talk? Boring.
Bitcoin? Not too interesting.
Haikus still a thing.
1812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2020, 06:08:47 PM
There's a reason why beer is bottled in brown glass (or at worst green) in most places. It cuts down on UV light and keeps beer from becoming prematurely skunky.

Corona is pre-skunked. It's bad enough here in Mexico where it's considered cerveza turista, but by the time it's traveled to other countries, it's pretty dismal.

Indeed, the white glass doesn't stop algae and other nice light depending organisms from thriving. The resulting skunk is the reason why people often drink Corona with a slice of lime stuffed in the bottle.
1813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2020, 12:11:05 PM
Lol this maps looks suspicious:



Italy’s number looks low to my own anecdotical experience. Might be 1 in 10 (don’t know about women anyway).
What’s  wrong with Netherlands btw??


I would make a relevant distinction between number ones and number twos.

For number ones, washing hands before is as important as after, or even more. If you keep your junk in order, it's more about stopping bad stuff from outside entering the fun zone than spreading cooties from your johnson outwards.

Number twos are a totally different ball game.
1814  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2020, 04:55:05 PM
rook da n00bzzz  Cool Grin Cheesy
~>weeeee(((pumping down)))===> bitcoin choinah virus shuttering the interweb$$$

@Torque, can you smell it too?  Cool
1815  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2020, 04:53:13 PM
The technical explanation in the WO posted link I can't locate did make sense. The Israelis were targeting an avian flu vaccine (chicken IIRC), and they found out it's very similar to COVID-19. In particular, it uses the very same mechanism to enter the host cell.

TL;DR I'm still undecided which conspiracy fits me better.


EDIT BitcoinNewsMagazine found it.

But again I say, how "convenient" that they were already supposedly doing this research and how "convenient" they stumbled on the same supposed mechanism?

This is all just Truman Show bullshit. It's a completely managed market now; they needed a correction (to take profits and reset their long positions), and they needed a FUD excuse for a correction. That is all. Same fake shit they did in late 2018.

They won't let the market fall for long. It's a melt-up. They need to keep pumping it, seemingly forever. Either that, or we get another Great Depression. The Fed will take rates to near zero.

I agree it's fake and manipulated. My point: I think the bioweapon bat flu is largely irrelevant. They'll have to pump it up anyway, or risk the third 1929 or worse. Some crypto pundits are starting to say the Fed will be cutting rates to keep up with the forecoming bitcoin halving. As if it made any sense.
1816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2020, 04:29:46 PM
If the news from Israel is to be believed, we're on our way to a vaccine. With fast track approval from the Ministry of Health, it might be available in 3 months. Someone posted an interesting link a few pages ago, sorry I can't remember who it was (not V8 though).

And of course they'll magically have a vaccine ready in 2-3 months. Right when the world stock market needs some good news. How convenient timing, eh? Grin

Indeed, the timing is perfect. On the other hand, this corona thing could be the perfect scapegoat to cover up the inevitability of a world wide epidemy of recession caused by the MPV-42 (Money Printing Virus), so why kill it after all?

The technical explanation in the WO posted link I can't locate did make sense. The Israelis were targeting an avian flu vaccine (chicken IIRC), and they found out it's very similar to COVID-19. In particular, it uses the very same mechanism to enter the host cell.

TL;DR I'm still undecided which conspiracy fits me better.


EDIT BitcoinNewsMagazine found it.
1817  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2020, 04:22:58 PM
In which case Bitcoin will not go up. Fiat will simply go down.

In other news, watch out: Latest Mozilla update wants to route your DNS queries through cloudflare. Which since it's an internet provider means the Govt will be able to see all of your queries without a warrant.

(Run your own DNS servers ffs)

Doesn't Mozilla obey to your OS network settings?
Used to, but apparently there is a new "feature" where DNS lookups are passed to the "cloud" rather than going through your local resolver.


Thanks for the heads-up, guys. I went and found out it can be disabled.

https://support.mozilla.org/en-US/kb/firefox-dns-over-https
Quote
Manually Enabling and disabling DNS-over-HTTPS

You can enable or disable DoH in your Firefox connection settings:

    Click the menu button Fx57Menu and select Options.
    In the General panel, scroll down to Network Settings and click the Settings… button.
    In the dialog box that opens, scroll down to Enable DNS over HTTPS.

        On: Select the Enable DNS over HTTPS checkbox. Select a provider or set up a custom provider.
        Off: Deselect the Enable DNS over HTTPS checkbox.

    toggle doh

    Click OK to save your changes and close the window.
1818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2020, 04:21:31 PM

[snippage ensues]
I still own a pair of (working) Compaq 'sewing machine' 8088-based PC clones. DOS on floppy, store to floppy. Woo-hoo!

I keep an 8 inch floppy disk at my desk, beside my 5 pound IBM Model M keyboard. Winderrs keys are for losers! The Model M is a daily driver, the 8 inch floppy is just a momento.

yeah i have an old IBM AT keyboard. old IBM keyboards were the standard (aside from its Selectric typewriter) and still kick ass. prolly weights more than some entire computer setups now.


Think we are at a bottom. Sell orders have not been increasing and are in fact decreasing slightly.

maybe. room for lots of panic in the market still.

i slurped some corn up during this but still have some reserve if it keeps going south.



Two totally unrelated subjects, but it seems like we're on the same page for both :-)

A 'sympathy' +2 WOsMerit!
1819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2020, 04:14:59 PM
With how things are accelerating with the virus, do you think it could be "over" in a way quicker than first thought, basically things going back to this being a "bad flu year" but no more going crazy with quarantines, closing plants, closing schools, stopping tournaments, things that are proving ineffective anyway, aside from hurting the economy ?

If the news from Israel is to be believed, we're on our way to a vaccine. With fast track approval from the Ministry of Health, it might be available in 3 months. Someone posted an interesting link a few pages ago, sorry I can't remember who it was (not V8 though).
1820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2020, 04:11:39 PM
In which case Bitcoin will not go up. Fiat will simply go down.

In other news, watch out: Latest Mozilla update wants to route your DNS queries through cloudflare. Which since it's an internet provider means the Govt will be able to see all of your queries without a warrant.

(Run your own DNS servers ffs)

Doesn't Mozilla obey to your OS network settings?
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