Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[fillippone]

LOCKDOWN IN ITALY

Rumor mill:

UPCOMING DECREE IN ITALY
The Italian government is set to impose a virtual ban on entry into the region of Lombardy and several other northern areas to contain the spread of the coronavirus, according to newspaper Corriere della Sera, citing a forthcoming decree.
The measures will also include a so-called “security zone” with provisions including suspending skiing and public events, and closing museums, swimming pools and theaters, the newspaper said.

All this until April 3rd to say the least.

[OutOfMemory]

LOCKDOWN IN ITALY

I also don't like the latest numbers. Italy goes ahead Iran. Deaths vs. Cured in the USA looks horrible, too (17 vs 15), is that to blame on the "healthcare" system?
Italy and Austria carnival tourism should show some effects in the following week, too. Good luck! Hope you're prepped out.
 

[Searing]

I was thinking about my private medical insurance which is supposed to cover me worldwide... but, yeah, probably there are lots of exclusions that I never even bothered to read... But I have just checked that it seems that there is a maximum cover of 50000€ which, after knowing the completely ridiculous prices of medical services in US, it's almost a joke.

dude, 50K?

we ain't even scraping you off the windshield for that...peasant

Yeah... but maybe it would be enough cover for an aspiring if I do get a headache while overseas?

I have read about completely terrifying stories (invoices/receipts included) of medical expenses running on the several hundreds of thousands dollars for what would otherwise be considered minor/mild health issues... like stents surgery, back surgery... or a few tens for a very simple bone fracture... and that without considering a long stay in the hospital which cost is simply mindblowing.

This is how the insurance companies are stealing peoples houses now. Short stays after surgery (intentionally get inflated:Especially for older people unable to make decisions) start them on roads where they never go home. The amount of drugs they pump into them is amazing and they go home hooked.

The health care system is designed to take assets in this country.

BTW there are never any shared rooms available.


https://www.medicaidplanningassistance.org/nursing-home-costs/

You have to read all the clauses of your insurance policy, insurance companies normally do not take charge or do not include coverage if a pandemic is declared.

Most insurance runs out on nursing home stays as well and they happily start a revers mortgage for you.

I was told today by a friend on this that if you have to go to the hospital from your nursing home or assisted living place..your soc security and medicare stuff will only pay

for the hospital stay and not your nursing home or assisted living place that such would usually apply to. Now I understand why I keep seeing Facebook memes of old folk

being kicked to the curb by their nursing home or assisted living when they come back from the hospital. No way to catch up on past rent..thus you are on the curb it seems.

As an aside, years ago, Canada had a web-based questionnaire on what it would take income/age/etc to be considered to immigrate to Canada. This has since been put up as

a humor site someplace because it was always 'slammed' by folk like me curious. At that time say 10 years ago, an 18-year-old immigrant from East Africa has a better

shot/score on this than myself at 55 years old, because the young person would have 'years' to contribute to the social network and safety net of Canada's social compact

than I ever would. I found that kinda amusing and depressing at the same time. About 2 years ago I took the same questionnaire (it is still on the net someplace or was) and NOW

after BTC/Crypto ($$$$) they would fall all over themselves to accept me! Sheesh! Sometimes I think I should only date Canadian Women as an option/backup plan...just in

case. Anyway, money talks and bullsh*t walks applies everyplace it seems.

[HairyMaclairy]

[Last of the V8s]

https://www.pnas.org/content/early/2020/03/02/1913042117

Glucose decreases, and ketones increase the stability of brain networks.

Fascinating research, great news for bitcoin youth if true.

[Indymoney]

https://www.pnas.org/content/early/2020/03/02/1913042117

Glucose decreases, and ketones increase the stability of brain networks.

Fascinating research, great news for bitcoin youth.

140 minutes and no post here I was feeling Corona Virus already approach here and members running away for safety reason

[HairyMaclairy]

Look at the prices of medical procedures in the US. One would suppose that capitalism would manage to reduce prices due to competition as it does in most other sectors. But in this particular case it is not happening at all. How do you reconcile US not having universal health care and still having the biggest per person spend? It just doesn't make any sense.

Simple. Medicine in the US is a semi-socialized, government-market-distorted clusterfuck that has nothing whatsoever to do with capitalism.

So the alternative being fully socialising it would probably work better IN COMPARISON... Unless they manage to keep corrupting the system somehow... which probably they would.

Is there any country where a pure capitalist health system exist? If there is, I would like to know and compare costs.

Somalia








Edit:  I checked and I am wrong. Somalia is working towards free basic universal care.  Bloody socialists.

[fillippone]

I'm not a specialist in discussing US politics, but someone from the US please correct me if I'm getting it wrong:

Will the spreading of the coronavirus in the US benefit Sanders against Biden?
<...>

I guess they are both at risk of an high impact:

[gentlemand]

I'm not a specialist in discussing US politics, but someone from the US please correct me if I'm getting it wrong:

Will the spreading of the coronavirus in the US benefit Sanders against Biden? Sanders is (arguably) the politician from whom I've heard about healthcare improvement the most; IMO, the failure of the healthcare system in the USA at this point will give the old man some extra advantage in his campaign.

Surely Donald will wind up looking so deranged and callous by the time this has played out they'll be able to put Lenin up against him and he'd probably give him a kicking.

You can be lying baby when times are smooth. People will not forgive or forget if the same happens when the shit hits the fan which of course it will.

Then again - https://youtu.be/LtDEeerGEJA

[marcus_of_augustus]

Anyone on this thread has had ample time to prepare.

The potential severity of the illness and the inept response by authorities has been well laid out and forecast just from slim data from China.

After that comes the martial law, possible riots, civil unrest and general levels of craziness. Best to get yourself prepared emotionally first for the upheaval and then the rest falls into place. People are not 'panicking' over toilet paper, it's a rational response to get stocks before the other muppets. but you have missed the boat in many places already if you find yourself in that situation. No one really knows where it goes form here in the modern society but if the govt.s keep lying, denying, delaying and deflecting it's not going to go well for them in the final outcome.

In the next 2-3 months most of the Western healthcare systems will be overwhelmed to some degree or another. Make sure you are prepared for that single fact alone if nothing else.

[lightfoot]

I'm not a specialist in discussing US politics, but someone from the US please correct me if I'm getting it wrong:

Will the spreading of the coronavirus in the US benefit Sanders against Biden? Sanders is (arguably) the politician from whom I've heard about healthcare improvement the most; IMO, the failure of the healthcare system in the USA at this point will give the old man some extra advantage in his campaign.

Probably not. Sanders is a nutcake in the same vein as Trump. Polar opposite views, but same irresponsible manner. I think people will not want to go with someone who acts in an irresponsible manner when they feel their lives are threatened as a result.

On a related note, apparently they found a guy who tested positive who was at the big CPAC conference 2 weeks ago. This is going to be funny....

Probably hanging with this girl:

[Last of the V8s]

"ROME - The situation surrounding coronavirus has become so extreme in Italy that an Italian association of anesthesia, analgesia, resuscitation and intensive care proposes to set an age limit for people to be admitted to intensive care. Moreover, people who are more likely to survive must be given priority."
https://www.telegraaf.nl/nieuws/1214394339/artsen-stellen-leeftijdsgrens-nieuwe-patienten-voor
https://www.reddit.com/r/China_Flu/comments/ff25hg/desperate_times_call_for_desperate_measures/


https://merionwest.com/2020/03/06/the-coronavirus-on-risk-and-idiots/
-some beautiful writing here, as well as good content

[Raja_MBZ]

https://twitter.com/balajis/status/1236442370444492803

While initial growth looks exponential, should prepare for multiple waves. Below are the two waves for H1N1.

"A striking characteristic of the past four influenza pandemic outbreaks in the United States has been the multiple waves of infections."



"3 different waves of illness during the pandemic, starting in March 1918 and subsiding by summer of 1919. The pandemic peaked in the US during the second wave, in the fall of 1918. This highly fatal second wave was responsible for most of the US deaths"

[jbreher]

I'm not a specialist in discussing US politics, but someone from the US please correct me if I'm getting it wrong:

Will the spreading of the coronavirus in the US benefit Sanders against Biden? Sanders is (arguably) the politician from whom I've heard about healthcare improvement the most; IMO, the failure of the healthcare system in the USA at this point will give the old man some extra advantage in his campaign.

Maybe. Bernie thinks all it takes for unlimited resources to materialize is for gubmint to decree it to be so. In his mind, costs and production do not exist.

I think the majority of Americans understand that resources are not magic fairy dust that can be conjured out of nothing.

At least I hope so.

[Last of the V8s]

rekt

[JL0]

200-day MA needs to hold

Maybe Plustoken Scammers are selling their Bitcoins

https://twitter.com/ErgoBTC/status/1236072541808029696

[somac.]

Oh what now ?! Sheeeit.

Fuck.

EDIT: Observing $8,771 and falling.

I know right. It's like this shit just won't end. Halving will take out some supply which will be good long term, but this short term crap is annoying the hell out of me.


Looks like a head and shoulders developing on the daily, if that happens price target would be back to the 6500 area again.

[HairyMaclairy]

"ROME - The situation surrounding coronavirus has become so extreme in Italy that an Italian association of anesthesia, analgesia, resuscitation and intensive care proposes to set an age limit for people to be admitted to intensive care. Moreover, people who are more likely to survive must be given priority."
https://www.telegraaf.nl/nieuws/1214394339/artsen-stellen-leeftijdsgrens-nieuwe-patienten-voor
https://www.reddit.com/r/China_Flu/comments/ff25hg/desperate_times_call_for_desperate_measures/


https://merionwest.com/2020/03/06/the-coronavirus-on-risk-and-idiots/
-some beautiful writing here, as well as good content

Triage means prioritizing those who are most likely to be saved by medical treatment.  

The corollary is withholding treatment from those likely to die even with treatment.

This is good, sensible medical practice which is applied every day when decisions are made to withhold further treatment from the terminally ill.  

The MerionWest article is excellent, if only because it mirrors my own views on mainstream commentators. 

[HI-TEC99]

I'm not a specialist in discussing US politics, but someone from the US please correct me if I'm getting it wrong:

Will the spreading of the coronavirus in the US benefit Sanders against Biden? Sanders is (arguably) the politician from whom I've heard about healthcare improvement the most; IMO, the failure of the healthcare system in the USA at this point will give the old man some extra advantage in his campaign.

Maybe. Bernie thinks all it takes for unlimited resources to materialize is for gubmint to decree it to be so. In his mind, costs and production do not exist.

I think the majority of Americans understand that resources are not magic fairy dust that can be conjured out of nothing.

At least I hope so.

He will no doubt promise a free healthcare system exactly the same as the private one. However, if he wins he will probably have to provide something like the British national health service.

[LUCKMCFLY]

Nice..

Analyst 4 Reasons Why Bitcoin Is Looking Extremely Bullish at $9,000

Bitcoin daily

Bitcoin daily

Golden cross

Kumo twist

Halving in less than two months

Enjoy the sunshine above the cloud  

Source: https://twitter.com/CryptoBull/status/1236218459832410112

Reason #1: Bitcoin Recently Printed a Golden Cross

Reason #2: The Halving is 2 Months Out

Reason #3 and #4: The Ichimoku Cloud Is Bullish

Source: https://www.newsbtc.com/2020/03/08/analyst-4-reasons-why-bitcoin-looking-extremely-bullish-9000/