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Question: What happens first:
New ATH - 42 (68.9%)
<$60,000 - 19 (31.1%)
Total Voters: 61

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26362935 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
lightfoot
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I fix broken miners. And make holes in teeth :-)


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March 03, 2020, 12:01:52 PM
Merited by vapourminer (1), JayJuanGee (1), bkbirge (1), plasticAiredale (1)

If the real shit happens you'll need a property of land to be able to produce food. Stocking food for 1 month lasts only for 1 month. What if things get longer? Well in that case you would depend on your governments. I hope everything will be fine and we won't need that.

As always, it's a matter of balancing risks. Most disasters last a week or so, most power outages last a day or so. Within 2 weeks things are usually at a stable point, so a month's worth of resources should allow you to ride out the problems in a sense of style. Now if disruptions are for a year or so then yeah you need to start banding together with your neighbors/state/country and deal with things and having a month's worth of resources gives you the time to set that shit up.

Having enough land to produce food, having all the tools to produce food, the fertilizer on hand to produce it long term, seeds, plants that make seeds, and so forth can get very expensive to maintain. That's money that you can't use to buy bitcoin, invest in the future, and so forth. If the apocalypse doesn't happen you will be further behind other people, and if it does you may be ahead of other people but you will still be living in a serious crap-sack universe.

Preventing that crap-sack universe by having a reasonable government, getting involved with your community, and contributing to a better tomorrow despite the fact that some (many, most) people are fuck-heads could be a better investment over becoming the king of MREs.

So, there you go. You place your bets and take your chances with life. In business many people have placed all their bets on stuff coming from cheap china. This probably paid off well when times were good, but when bad things happen the question is did they save enough money to cover a service disruption? If so they have a crappy year. If not they go out of business. Jury is still out if China is dead for a week (on hand supplies used), a month (reserves), a year (suppliers) or a decade (you're fucked if you depended on them). We shall see.
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rolling
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March 03, 2020, 12:07:20 PM

Never seen so much panic about most likely nothing too horrific


Now extrapolate to the entire world being infected. Cause that's the most likely scenario. Show us the numbers.

I would say the Korean numbers are probably the most accurate in the world because they are testing everyone. The US charges for everything so most sick people are not going to go to the hospital for a slight sickness. China and Iran are outright lying.

Based on the Korean numbers, the death rate is 0.5% but likely higher because of the lag between getting sick and dying, but let's say it's 0.5%. If the whole world gets it, that's 35 million people dead. Granted, a lot of these people would have died from the flu or some other disease anyway but still, that is a lot of people.

Interestingly though, if the Korean numbers are correct, there should be over 600,000 infected in China based on 3000 deaths, rather than the 80,000 they are reporting.
Gentle reminder that the death rate continues to be calculated wrong. It's dead/(dead+cured). Which is closer to 10%, especially as the world gets overwhelmed. Supposedly all of England only has 15 beds for serious cases.

And yeah china is lying. Not only are they commies and thus prone to lying in the first place, but they also have glass hearts. They can't tolerate looking bad. Just assume it's at least ten times as bad as what they are saying.

Yeah, the normally quoted death rate is likely only considering people who were admitted to the hospital. We were talking about if everyone in the world caught it, where 90% of people won't even seek medical care.
Ibian
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March 03, 2020, 12:14:14 PM

Never seen so much panic about most likely nothing too horrific


Now extrapolate to the entire world being infected. Cause that's the most likely scenario. Show us the numbers.

I would say the Korean numbers are probably the most accurate in the world because they are testing everyone. The US charges for everything so most sick people are not going to go to the hospital for a slight sickness. China and Iran are outright lying.

Based on the Korean numbers, the death rate is 0.5% but likely higher because of the lag between getting sick and dying, but let's say it's 0.5%. If the whole world gets it, that's 35 million people dead. Granted, a lot of these people would have died from the flu or some other disease anyway but still, that is a lot of people.

Interestingly though, if the Korean numbers are correct, there should be over 600,000 infected in China based on 3000 deaths, rather than the 80,000 they are reporting.
Gentle reminder that the death rate continues to be calculated wrong. It's dead/(dead+cured). Which is closer to 10%, especially as the world gets overwhelmed. Supposedly all of England only has 15 beds for serious cases.

And yeah china is lying. Not only are they commies and thus prone to lying in the first place, but they also have glass hearts. They can't tolerate looking bad. Just assume it's at least ten times as bad as what they are saying.

Yeah, the normally quoted death rate is likely only considering people who were admitted to the hospital. We were talking about if everyone in the world caught it, where 90% of people won't even seek medical care.
Yes. Exactly. In china especially, a lot of people are just going to die at home and they are not being counted. It's probably way higher than just 10x over there.
kurious
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March 03, 2020, 12:48:41 PM

Syllable counting,
what haiku is all about,
such an epic fail.


I got this motherfuckers. Cool

Congratulations
Your syllables are correct
Haiku perfection
Cryptotourist
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March 03, 2020, 01:05:36 PM

"who's" is one syllable. Fix it by "Who is your daddy ?"



Also in poem form:




+1 WO's merit

#

Her daddy or not,
Never wank with dirty hands,
And flush when you're done.

#haiku

+2 WO's merit

#

Congratulations
Your syllables are correct
Haiku perfection

+3 WO's merit

Fucking WO merit debt inflation. Roll Eyes

"Roses are red, violets are blue, all wanna know is wut dat mouf do". Kiss
Tash
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March 03, 2020, 01:15:05 PM

Never seen so much panic about most likely nothing too horrific


Now extrapolate to the entire world being infected. Cause that's the most likely scenario. Show us the numbers.

Anyone not a (San Fransisco bay area) homeless, has a healthy immune-system, plenty of Vitamine C and enjoys sunshine, chances are not any of the coronaviruses will be a major bother.
Anyone freezing on the side of the road has medical issues abused the immune-system with drugs or whatnot, is malnourished and lacks Vitamine C, things could get interesting.

So about 9,500,000 people died this year, lets say (cough) 3000 from the COVID-19 disease that is 0.031% and most of them old and sick already.
Lambie Slayer
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March 03, 2020, 01:17:54 PM
Last edit: March 03, 2020, 01:49:36 PM by Lambie Slayer

"Bitcoin loves to make its way through guards, and breaks through barriers of stone more easily than the lightning’s bolt.” – Horace
Dabs
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March 03, 2020, 01:27:39 PM

For you dooms day preppers (it's on netflix), I think have enough canned food for a couple of months, and for you walking dead types have enough firearms and ammo stashed close by or on hand. Live in a gated community and have physical barriers set up.

A lot of homes in the first world countries do not have fences or are just token ones you can easily jump over. If it's legal where you live, you might want to put a cement wall on your property, as high as you are allowed to have.

The compound Osama lived in and was raided, that had decent walls. It's zombie proof and mob proof, but not government proof if some SWAT team wants to check you out.
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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
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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



bkbirge
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March 03, 2020, 02:14:53 PM

Never seen so much panic about most likely nothing too horrific



d_eddie
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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
bkbirge
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March 03, 2020, 02:19:25 PM
Merited by Last of the V8s (2), Dabs (1)

Preventing that crap-sack universe by having a reasonable government, getting involved with your community, and contributing to a better tomorrow despite the fact that some (many, most) people are fuck-heads could be a better investment over becoming the king of MREs.

Well said. If the shit really hits the fan what will save us is working together not living out a Mad Max fantasy. Though personally I do tend to like the idea of being prepared enough to outlast an alien invasion. Need to merit this when I get some more.  
gentlemand
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March 03, 2020, 02:21:53 PM

TL;DR Keep calm and wash hands.

Pah. I cannae wait to set sail across an ocean of pus and sputum. I will fish for regurgitated hospital food as I slurp my way to the high ground. I might need to boil it first.
bkbirge
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March 03, 2020, 02:24:43 PM

TL;DR Keep calm and wash hands.

Pah. I cannae wait to set sail across an ocean of pus and sputum. I will fish for regurgitated hospital food as I slurp my way to the high ground. I might need to boil it first.

That's wasted effort, it already comes from boils, you'll be fine.
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March 03, 2020, 02:25:27 PM

I can't think of any canned food that I would eat. I saw some canned ham at the store...as I was holding it contemplating if things would get so bad as to need to eat ham from a can...I figured I'd rather go catch some fresh fish than have to resort to such savagery.
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March 03, 2020, 02:30:45 PM

Update on our Israeli friends.

https://www.pharmaceutical-technology.com/news/israel-migal-covid-19-vaccine/

"MIGAL Galilee Research Institute CEO David Zigdon said: “Given the urgent global need for a human coronavirus vaccine, we are doing everything we can to accelerate development. Our goal is to produce the vaccine during the next eight to ten weeks and to achieve safety approval in 90 days.

“This will be an oral vaccine, making it particularly accessible to the general public. We are currently in intensive discussions with potential partners that can help accelerate the in-human trials phase and expedite the completion of final product development and regulatory activities.”
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March 03, 2020, 02:32:15 PM

https://thehill.com/policy/defense/485501-us-military-working-to-develop-coronavirus-vaccine

"Our military research labs are working feverishly around the horn here to try to come up with a vaccine. So we’ll see how that develops over the next couple of months,” Joint Chiefs of Staff Chairman Gen. Mark Milley told reporters at the Pentagon."
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March 03, 2020, 02:33:41 PM

While I am a big adherent to Hanlon's razor, I find that my suspension of disbelief is increasingly unwilling to explain the manifest ineptitude of governments around this contagion by mere stupidity.
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The end approaches..What are you doing to prepare?


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March 03, 2020, 02:36:40 PM

I can't think of any canned food that I would eat. I saw some canned ham at the store...as I was holding it contemplating if things would get so bad as to need to eat ham from a can...I figured I'd rather go catch some fresh fish than have to resort to such savagery.

spammer^  Grin Cool Kiss ~spam spam spam spammm
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