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281  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 01:06:28 PM
@Lambie

Thanks man, I’m balls deep any way, I’m pretty much all in now. If you’re not buying now & you have spare fiat then I guess it proves you don’t fully believe.

You're welcome.  Smiley I wish I could buy more rn, but I fired off my last rounds before the Virus crashed everything.
282  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 12:59:39 PM
Breaking news. The IMF just brought a fresh Trillion dollars to the money printer potluck dinner.  Smiley

https://www.cnbc.com/2020/03/16/imf-says-its-ready-to-mobilize-its-1-trillion-lending-capacity-to-fight-coronavirus.html


Quick hurry bears, post about the few dozen 84 year olds that died in some country today. Gotta keep the gloom up right.  Wink

All this money printing may not be getting an instant reaction but like the Halvening or any other major bullish event, it will push up the price once the fake outs are done.

This is not about the virus anymore. Hasn't been for at least a week. CBs have been making a fuse for the last 10 years and the virus just lit it. That is all.

Seems to me most of the planet is spooked about the virus, including bitcoiners. Many have panic sold despite the bullish fundamentals of money printing and the halvening. I thought Bitcoiners would be much more resilient thus far than other asset holders. I still think they will rise to the challenge soon though.

First they have to realize spreading doom and gloom is bear behavior and snap out of their habits of late. Next Bitcoiners have to become self immunized to the fear the virus causes. Then we practice Strong Hand Hygiene of the great Tyson Fury and dip our Strong Hands in gasoline for 20 seconds while singing happy birthday.

 https://www.the-sun.com/sport/boxing/351396/tyson-fury-dipping-his-hands-in-petrol-for-five-minutes-a-day-to-toughen-up-knuckles-before-deontay-wilder-rematch/

Once we have the strongest hands in all the land and have herd immunity from virus fears, then we will shine and the world will want to come join us and fomo in.

Its hard to blame the world for not joining our club when bitcoiners are acting just as scared and panicked as nocoiners.

283  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 12:24:08 PM
Breaking news. The IMF just brought a fresh Trillion dollars to the money printer potluck dinner.  Smiley

https://www.cnbc.com/2020/03/16/imf-says-its-ready-to-mobilize-its-1-trillion-lending-capacity-to-fight-coronavirus.html


Quick hurry bears, post about the few dozen 84 year olds that died in some country today. Gotta keep the gloom up right.  Wink

All this money printing may not be getting an instant reaction but like the Halvening or any other major bullish event, it will push up the price once the fake outs are done.
284  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 12:15:50 PM
OK, I gave in. Just sent £8,000 to Coinbase & bought.

I obviously have a good sized corn stash but I now literally only have £2,000 worth of fiat in my entire list of banks & savings.

Effectively I am all in.


(Feeling guilty - the 2BTC were £7,700 combined so I had £300 left. I bought Litecoin with the £300 Cheesy Grin)

+20, Im out of merits. Proud of you bro, balls of steel while the world shits its collective pants. They will regret selling to you at these prices before long.
285  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 12:13:24 PM
I have to give credit where it is due. To all the people who preached doom, constantly posted every death and eatery closing, and posted scary speculative articles etc., it worked. Well played sirs, well played.   Wink

A few thousand deaths and fear spreaders here and around the world managed to crash virtually every asset on Earth accept for fiat.

I suppose you could all be right but in that case we will all be dead before you can brag about it, so Im giving you guys your props now before the virus strikes me down.

No digital wallets in the grave so dont worry about price guys, you are all gonna die after your third reinfection Im told anyway.  Roll Eyes





286  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2020, 11:52:55 AM
https://twitter.com/mitchellvii/status/1239353403890962435

"The Spanish Flu of 1918, benchmark for global killer pandemics, infected just 1/3 of the US population. H1N1 infected 20%.

We are now seeing mortality models from "experts" using a 70-80% US infection baseline.

That, my friends, is #FearPorn bullsh*t."






287  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 06:27:01 AM
https://www.espn.com/nba/story/_/id/28903508/pistons-christian-wood-tests-positive-coronavirus

The NBA had every player in their league tested. Thats 300 players. 3 came back positive.

It a small sample but this is about the size of many presidential polls.

These were all people who appeared perfectly healthy at the time. Even Rudy Gobert, the first one tested, woke up Wed. feeling fine and ready to play a game. He had been feeling mildly sick for two days prior.

You see now what happens when healthy feeling celebrities start getting tested in mass. Tom Hanks, his wife, three NBA players and the first lady of Canada all have it. They all feel fine with little to zero symptoms. Amazing what happens when you dont only test people on deaths door.

300 NBA players showed a 1 percent infection rate. These people have not left the country, they all were in the middle of playing season when this started.

Wouldnt surprise me if 1 percent of the U.S. population is infected. Lets just say for some crazy reason an NBA player is 10 times more likely to catch Coronavirus than the average American. That would still imply we have 32,700 actual Coronavirus infections in the U.S. and only 61 deaths.

That would imply a .18 percent infection mortality rate. A bit less deadly than the Swine Flu.

Yes a bit more out of the 32700 infected could die, but its crazy anyway to assume that an NBA player is 10 times more likely to catch it than a regular person.

 


288  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 05:47:43 AM
Im a good bit of pages behind so sorry if someone already posted this.


Here is some serious Bitcoin Bull Porn right here.  Smiley

The (Central) Bank of England released a paper Thursday on Central Bank Digital Currencies, CBDC's.

https://www.bankofengland.co.uk/paper/2020/central-bank-digital-currency-opportunities-challenges-and-design-discussion-paper

Its long and mostly boring but a new idea is buried in it.

"There may also be benefits from remuneration for unconventional monetary policy. If interest rates are, and
continue to be, low then central banks are likely to be constrained by the lower bound more frequently than
historically was the case. A CBDC that could be remunerated at a negative rate  Shocked could be used
to relax that
constraint, to the extent that the constraint was caused by the fact that cash pays zero interest (Bordo and
Levin (2019)). "

They just realized they can solve their problem of negative rates. You see they would like to have negative rates as the ultimate way to ruin savers and force them to spend their money on stuff they dont need and stay living paycheck to paycheck forever. Bankers know if they have negative rates for personal bank accounts then people will just withdraw their money and stash it. Cash pays zero interest and defeats negative interest rates.

Their solution is to give everyone Digital Banker Bucks and when they wanna have a negative interest rate, they just make your Digital Bucks disappear over time in your digital wallet if you dont run out and buy stuff with it.

To confuse people about the theft, the devious obscurantists call it "Negative Remuneration."   Roll Eyes

Add that to the purposely confusing jargon vocabulary like Repos, Quantitative Easing, OMO, and POMO.

No wonder they freaked out about Libra, it was hard money compared to this.
289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 05:05:16 AM
About 16,200 people died this year already of snake bites. There will be about 80k deaths from snake bites by the years end.

In the same time less than 6k mostly very old and sick people died of Coronavirus.

A huge chunk, probably even a majority, of these people had about a year or two life expectancy based on age and major health issues.

The snake bites skewed to a much younger healthier crowd with many years left to live.

Snakes dont seek out 84 year old cancer patients and take them out.

There are people that want us to live hunter gatherer lives to stop global warming, even though billions would die if we gave up industrialization. These same people think its awesome that a few misguided countries leaders are shutting down their society for spurious reasons.

To these nutty worry warts this is the archaic revival they have dreamed of. This is cancel culture gone wrong.

As Bitcoiners we have a chance to shine in this environment as we stay strong with our hearts, minds, and most importantly our hands, while other asset holders quiver and worry till their hair falls out.

If you find yourself full of worry and doubt, just shake your fist to the sky and say, Fuck you nocoiner tricksters, I wont panic from your hype and hysteria. Im a hodler dammit! Once you do this you will feel awesome and we will pump to the moon.

This is our moment and fortunately we have a secret weapon called the Halvening to help us along the way.  Cheesy

Watch out for snakes.  Wink
290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 04:30:17 AM

Just in time to arrive in the USA and such and no one will be in the stores to buy these. Sad

Timing it seems worldwide on many things from BTC/Crypto to whatever is in a conspiracy to befuddle us all it seems.

round and round and round in the same place for a bit, it seems.... looks around in same place if not backslid...sheesh

befuddlement will bring the world together Smiley


Stores in the U.S. are normal or packed with hoarders rn, but either way, think Amazon delivery buddy.  Cool

Searing, I know you sort of revel in worry and anxiety in general but you still hodl on regardless which is admirable. However in times like this perhaps a little positive outlook would be good for the morale of the newbs if you can muster that up.  Just a thought. Smiley

291  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 02:05:51 AM
https://www.aljazeera.com/ajimpact/ships-finally-moving-chinese-ports-rates-soar-200313085112600.html

China getting back to normal.  Smiley
292  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 01:30:10 AM
via Imgflip Meme Generator

A little money printing scheduled for Monday to help the King.   Cheesy
293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 01:22:04 AM
 Trump tested negative. Bullish.  Cool
294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 01:12:33 AM
https://trends.google.com/trends/explore?date=now%207-d&q=coronavirus

Worldwide google trends for Coronavirus appear to have peaked during Thursdays biggest stock market crash in over 30 years.

China search trends peaked many weeks ago and they have been busy getting back to normal while the rest of the world panics about something thats killed less than a tenth of the number of yearly snake bite deaths.


This suggests to me we have reached peak fear and the path forward is up.




295  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 12:35:33 AM
NBA player who tested positive for covbull-19 has a message for his fans. He is feeling fine and playing video games.

https://twitter.com/NBA/status/1238886687444471810

By my calculations he has had Covbull for at least 5 full days, and he feels perfectly normal.

Probably a large chunk of the world has this or already had it and is feeling fine, just like the flu.


A year from now when they do massive tests for antibodies randomly in people to see who had it, they are gonna see how mild this thing really is.

Early estimates of swine flu mortality was as high as 7 percent. Ended up being .2

China already showing a .4 percent case mortality rate for cases outside of Wuhan.

"Similarly, a study released by China's Center for Disease Control last month found that if you factor out all the data from Hubei province, where Wuhan is located, the fatality rate in the rest of China drops to 0.4%."

https://www.npr.org/sections/goatsandsoda/2020/03/03/809904660/why-the-death-rate-from-coronavirus-is-plunging-in-china?t=1584128903900

.4 would is too high bc it doesnt factor all the asymptomatic people china didnt test, so its looking like my Diamond Princess extrapolations are going to prove correct.

My guess at this point is this thing is .25 percent mortality rate. Just a bit stronger than swine flu, 2.5 times stronger than regular flu.

Enjoy the hype and the hoaxing though as socialist/communist idealogues impose social control and restrictions on people like shutting down eating places, shops, hotels, travel etc. This is as close to communism as they will get so they are gonna seize the moment as best they can. Hopefully people will see through this and push back.



Very well may be, but the effects might be not so much from the actual disease, but from the reaction to it.
All this 'social distancing' will not bode well for the economy, at least in a short term.



True, thats why its important to cast a light on the foolishness instead of joining into the collective fear mongering hysteria. If Bitcoiners embrace this kind of attitude we will be a beacon of light in a storm of fear.

If Bitcoiners are soft and go with the crowd, then yeah we will suffer with the misled masses. My bet is Bitcoiners arent soft and will lead the way, once the initial kneejerk fake out is over. I think sub 4k was plenty of kneejerk.
296  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 12:29:33 AM
Biggest nation on Earth is about to be up and running strong again. Nasty flu season is over for them.

https://nba.nbcsports.com/2020/03/12/chinese-league-calls-back-american-players/

"Since then, China seemingly has gotten control of the outbreak, with decreasing numbers of new cases. Manufacturing and other industries have started up again, people are returning to restaurants and coffee houses, and reportedly life is starting to return to normal.

That means the CBA wants to start up again; it has requested players under contract to return to China."

"The Chinese Basketball Association has told American players to plan to return as early as this weekend"





So 4 weeks until bitcoin resumes its normal path 🤔

Buy the rumor sell the news.
297  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2020, 12:11:55 AM
Biggest nation on Earth is about to be up and running strong again. Nasty flu season is over for them.

https://nba.nbcsports.com/2020/03/12/chinese-league-calls-back-american-players/

"Since then, China seemingly has gotten control of the outbreak, with decreasing numbers of new cases. Manufacturing and other industries have started up again, people are returning to restaurants and coffee houses, and reportedly life is starting to return to normal.

That means the CBA wants to start up again; it has requested players under contract to return to China."

"The Chinese Basketball Association has told American players to plan to return as early as this weekend"



298  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 14, 2020, 11:43:22 PM
NBA player who tested positive for covbull-19 has a message for his fans. He is feeling fine and playing video games.

https://twitter.com/NBA/status/1238886687444471810

By my calculations he has had Covbull for at least 5 full days, and he feels perfectly normal.

Probably a large chunk of the world has this or already had it and is feeling fine, just like the flu.


A year from now when they do massive tests for antibodies randomly in people to see who had it, they are gonna see how mild this thing really is.

Early estimates of swine flu mortality was as high as 7 percent. Ended up being .2

China already showing a .4 percent case mortality rate for cases outside of Wuhan.

"Similarly, a study released by China's Center for Disease Control last month found that if you factor out all the data from Hubei province, where Wuhan is located, the fatality rate in the rest of China drops to 0.4%."

https://www.npr.org/sections/goatsandsoda/2020/03/03/809904660/why-the-death-rate-from-coronavirus-is-plunging-in-china?t=1584128903900

.4 percent is too high bc it doesnt factor all the asymptomatic people china didnt test, so its looking like my Diamond Princess extrapolations are going to prove correct.

My guess at this point is this thing is .25 percent mortality rate. Just a bit stronger than swine flu, 2.5 times stronger than regular flu.

Enjoy the hype and the hoaxing though as socialist/communist idealogues impose social control and restrictions on people like shutting down eating places, shops, hotels, travel etc. This is as close to communism as they will get so they are gonna seize the moment as best they can. Hopefully people will see through this and push back.

299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 14, 2020, 09:02:02 PM
Looks like everyone is starting to take this shit seriously. Except maybe UK... I donno if it is because they are doing good or ignoring the problem.

I think we've just accepted that we are todally awesome. Deal with it.

https://www.itv.com/news/2020-03-14/elderly-to-be-quarantined-for-four-months-in-wartime-style-mobilisation-to-combat-coronavirus/

Thats a brilliant solution compared to shutting down everything. Im optimistic other countries will opt for this before getting silly like Italy and others.
300  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 14, 2020, 08:47:49 PM


https://www.who.int/news-room/fact-sheets/detail/snakebite-envenoming


"Though the exact number of snake bites is unknown, an estimated 5.4 million people are bitten each year with up to 2.7 million envenomings. Around 81 000 to 138 000 people die each year because of snake bites, and around three times as many amputations and other permanent disabilities are caused by snakebites annually.'


Shut the world down, somebody saw a snake in the grass.  Roll Eyes


No need to fall for this silly alarmism.
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