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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 28, 2020, 02:10:00 AM
Hey, here is a short story for you:

Ancient super-civilization is silently watches over Earth.
At some point, seeing that all that accumulation of debt had led to GFC, they decide to influence the creation of bitcoin-a sound money, hoping that earthlings would slowly but surely learn a better way to conduct finances (bitcoin).
Moving forward 11 years and ancients are witnessing a financial tornado (caused, apparently by a virus), printing vast amounts of money, making all kinds of promises of "support".
Nobody is essentially thinking about a "better way" which is becoming smaller than a mouse pimple.
Ancients: "Oh well, we tried".
Fin

Alternatively, this does look like a game or a simulation. What are the chances that several NEVER BEFORE seen events can happen within such a short period of time?
Lowest interest recorded in 5000 years, highest spike in unemployment EVER recorded, highest amount of money printed.
This does not look like a "game" to you?
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 28, 2020, 01:40:00 AM

He had a heart attack (not a COVID-19 symptom) on the way to the hospital.

This says otherwise..

https://www.newsweek.com/previous-heart-problems-covid19-1494730

However, I am not a doctor, so would mostly try to stay away from this discussion.
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 28, 2020, 12:51:53 AM
mein hertz brennt is more like it (current sitiation).
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 27, 2020, 10:14:29 PM
Coinbase $6666.66, I kid you not!
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 27, 2020, 09:36:04 PM
Baby-faced hedgie in hot water...

https://www.cnbc.com/2020/03/27/bill-ackman-says-his-cnbc-interview-was-bullish-denies-harming-market.html
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 27, 2020, 07:29:33 PM
I "resemble" the fact that stimulus bill artificially creates winners and losers in economy.
It is kind of idiotic: it maintains 100% employment in airliners until September 30 when nobody is currently flying while millions are being furloughed/fired all over the country.
What gives?

...My SO was just furloughed at the moments notice in a healthcare/private company.
Now I would have to sell at least some alts. Foook.
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 26, 2020, 11:17:21 PM
I am in a state of a maximum confusion re next 2-3 mo, clearly bullish afterwards.

Thinking of adding, but when? gold is slightly on the downside.

8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 26, 2020, 08:53:46 PM
Quote
𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘸𝘢𝘴 𝘣𝘰𝘳𝘯 𝘪𝘯 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘤𝘳𝘪𝘴𝘪𝘴.  𝘐𝘵 𝘸𝘪𝘭𝘭 𝘤𝘰𝘮𝘦 𝘰𝘧 𝘢𝘨𝘦 𝘪𝘯 𝘵𝘩𝘪𝘴 𝘰𝘯𝘦.

Quote
The price of bitcoin may set a new record in the next twelve months. Its not going to happen overnight. My best guess is that it will take institutional investors 23 months to triage their current portfolio issues. Another 36 months to research new opportunities like distressed debt, special situations, crypto, etc. Then, as they begin making allocations, those markets will really begin to rise.

https://medium.com/@PanteraCapital/crypto-in-this-crisis-pantera-blockchain-letter-march-2020-4c73af3aaaf7
https://twitter.com/dan_pantera/status/1243256048317878272

super interesting
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 26, 2020, 08:18:44 PM
Well I may have lost my job here as well as access to my own computer.  My daughter took over my computer room, kicking me out until she was finished, and look what she made!  I'm impressed.

 

 avatar-sized

 


 I'm not a good teacher so this hat-making thing must be genetic.



Those kids!  Grin
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 26, 2020, 02:28:56 AM
Of all the things I lost in life I miss my mind the most.

I'm on track, any word of advise, before I go full wacko?


Learn to accept the fact you cannot always trust yourself. That is a brutal thing to deal with if you have had rote memory your entire life and then its not dependable. Alot of people turn mean at this point and refuse to admit when they are wrong and I have certainly been guilty of that myself, especially when you forget that you forget.

If you start to get bad memory, and you realize that you are getting bad memory, wouldn't you have to change some of your procedures such as writing things down more?


If you have bad memory, there is always something new.

11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 26, 2020, 12:05:52 AM
No point to enter the stock market until AMZN is also down 40-50% from the top.
I am 80-90% sure that there will be no exceptions longer term.
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 25, 2020, 11:56:22 PM


Morgan Stanley predict jobless claims to 3.4m tomorrow. That is not an axis.


They would say...it's priced in.

It is not, of course.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 25, 2020, 07:15:51 PM
I keep hearing that the stimulus package passed but am seeing conflicting reports.

Is the digital dollar included?

No. Last I read the Senate deal has been agreed to but not voted on. The House bill had the digital dollar in it but that was taken out and made into a separate bill. I don't think it was ever in the Senate bill.

of major differences-10K student loan forgiveness is out. I agree, that was peripheral (nothing directly to do with the current predicament), but would have made an impact on millenials/gen X-ers.
However, with congressmen being older than 60, it had no chance.
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 25, 2020, 05:25:53 PM
Regarding "all in"-maybe it worked if someone did it in 2013-2016, certainly did not work (so far) if you did it in December of 2017.
I think that everyone should have 6mo (all family expenses) in readily available funds (that you don't need to sell under duress).
After that-lump sum or DCA-not much difference if you hold REALLY long time.

Right now stock market is going silly on the upside (in some cases justified). I don't buy just as I did not sell before. Too much noise.
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 25, 2020, 04:45:58 PM
Interesting opinion, although maybe not popular if applied here.

https://twitter.com/KeithMcCullough/status/1242540586042826760

Quote
What carries people out during crashes is getting longer on the bounces

Maybe btc is different. Overall market-who knows. Market declined in 2008 after stimulus, even chances this time (due to kitchen sink approach)
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 25, 2020, 03:14:19 PM
Lol the US 2000 billion economic injection  Roll Eyes

Watch it, EU would do the same (or more) a week or two later.

BTW, it would be very difficult to transmit all those funds.
Unemployment claims sites are overwhelmed in multiple states.
Yes, people would have the right to get about $1000/wk for 17wks or so (4 months), then back to $400/wk.
Would they be able to get their claim processed in time, though?
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2020, 11:39:13 PM
Marking the body-maybe not, or rather, heck no, but I would not mind concert-like bracelet that effectively says: "immune mofo" if/when I am.
You fellas never been to a concert or game where you have to wear a cheap bracelet attesting that you paid?

No need to give anything to non-immune, just to immune.
In fact, this might become a necessity if and when we have a vaccine in order to determine who should get it vs who don't need to.

Something I thought of last night: They don't need a test to see if you have the CV. They need a test to see if you have HAD the CV.


They already exist, several different versions also. Singapore has been using them since the early days too.

Goolge serology coronavirus test. or serological test

https://www.technologyreview.com/s/615379/antibody-test-how-widespread-coronavirus-covid-19-really-is/

A very agreeable article, thanks.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2020, 11:30:24 PM
Singalong in Dallas...

https://www.npr.org/sections/coronavirus-live-updates/2020/03/21/819603870/inspired-by-italy-dallas-residents-sing-together-from-their-apartment-windows
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2020, 07:27:21 PM
A temporary tattoo can identify the certifiably fine, and they can spend unemployment doing things that will help. Pay them from the Govt and you have a serious solution to this mess.

Tattoo with the person's SS number and maybe sew a symbol on peoples' clothes. Like a big star to show people that you're a shining star in the darkness.

Completely inappropriate comparison, IMHO.
Intent matters in this case as long as it positive (enabling) and not negative (restricting).
Personally, I would like to know if i had it or not.
If I had it, then behavior and options available should change, apart from having less stress.
Now, the word is going around that it originally started in September and a few people who had nasty "flu" in late 2019 might have had CV instead.


See? So you are saying if you KNEW you are already inmune you would change your behaviour, relax your profilactic measures, and think yourself entitled to don't follow the restrictions, right?

Well, that's why it would be wrong to do that. Yet.

Not really...What i am saying that if someone knew their antibody status then they CAN take a bit more appropriate risk, like going to a grocery shop without much fear of being infected by a sneezing lady/guy nearby. Some can even volunteer for civic services. I am totally not saying that having antibodies would make you a superman partying day and night.

Having more information is almost always better. Regarding timing, I agree that maybe it is not the time, but only because the number of antibody-positive is probably low, although without testing we don't even know if it is a fact.
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2020, 06:25:02 PM
A temporary tattoo can identify the certifiably fine, and they can spend unemployment doing things that will help. Pay them from the Govt and you have a serious solution to this mess.

Tattoo with the person's SS number and maybe sew a symbol on peoples' clothes. Like a big star to show people that you're a shining star in the darkness.

Completely inappropriate comparison, IMHO.
Intent matters in this case as long as it positive (enabling) and not negative (restricting).
Personally, I would like to know if i had it or not.
If I had it, then behavior and options available should change, apart from having less stress.
Now, the word is going around that it originally started in September and a few people who had nasty "flu" in late 2019 might have had CV instead.
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