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Question: When will we see a new ATH?
October - 20 (26%)
November - 13 (16.9%)
December - 24 (31.2%)
2022 - 12 (15.6%)
After 2022 - 8 (10.4%)
Total Voters: 77

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25444565 times)
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LFC_Bitcoin
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July 21, 2020, 12:49:21 PM

This is happening still, not only in England, but in a lot of other countries worldwide. Hospitals are given incentives to report Covid on death certificates as a cause of death for a while know. This was discovered few months ago already, but of course mainstream media won't report on it.

Cite? I'm curious as to what "incentives" hospitals "get" for reporting cases and deaths as Covid.


A guy in my local pub told me his Dad sadly died of a heart attack in March, he didn’t even have covid but apparently the NHS put it on his death certificate & charged him £70 due to the dangers of supposedly ‘dealing with a potentially contaminated corpse’.

I am not joking.

Imagine every person over a certain age has covid as a potential contributing factor to their death, either honestly or falsely, £70 per body.
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July 21, 2020, 12:57:39 PM

This is happening still, not only in England, but in a lot of other countries worldwide. Hospitals are given incentives to report Covid on death certificates as a cause of death for a while know. This was discovered few months ago already, but of course mainstream media won't report on it.

Cite? I'm curious as to what "incentives" hospitals "get" for reporting cases and deaths as Covid.


A guy in my local pub told me his Dad sadly died of a heart attack in March, he didn’t even have covid but apparently the NHS put it on his death certificate & charged him £70 due to the dangers of supposedly ‘dealing with a potentially contaminated corpse’.

I am not joking.

Imagine every person over a certain age has covid as a potential contributing factor to their death, either honestly or falsely, £70 per body.

In Croatia we had even more bizarre cases, where old people 90+ years dying of cancer got Covided on their death certificates...
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July 21, 2020, 01:02:47 PM

This is happening still, not only in England, but in a lot of other countries worldwide. Hospitals are given incentives to report Covid on death certificates as a cause of death for a while know. This was discovered few months ago already, but of course mainstream media won't report on it.

Cite? I'm curious as to what "incentives" hospitals "get" for reporting cases and deaths as Covid.

All conspiracy theories about the media and whoever else aside:

In the U.S., insurance companies (and Medicare / Medicaid) will pay out 3x or more on a hospital claim if it is submitted with a covid-19 diagnosis. It is marked as a "major co-morbidity," thus triggering the claim processing system to pay out an amount to cover the extra costs of treating a covid patient. This is definitely a motivating factor for doctors and hospitals to diagnose someone with covid-19, even if it is an inaccurate or fictitious diagnosis.

Since hospital systems are largely for-profit in the U.S., undoubtedly this situation is being taken advantage of. Whether it leads to an inflated count of covid cases by some statistical measurements, I'm not sure. Nor am I sure of the financial incentive for marking somebody dead from covid. But having worked in the industry for a number of years I know for sure hospitals lie all the time on claim forms for the sake of increased revenue.

edit:

A guy in my local pub told me his Dad sadly died of a heart attack in March, he didn’t even have covid but apparently the NHS put it on his death certificate & charged him £70 due to the dangers of supposedly ‘dealing with a potentially contaminated corpse’.

I am not joking.

Imagine every person over a certain age has covid as a potential contributing factor to their death, either honestly or falsely, £70 per body.

Oh, and there you have it. Money chasing is always the primary suspect when fuckery of this nature is afoot.
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July 21, 2020, 01:03:04 PM

Fuck covid
All hail BITCOIN
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July 21, 2020, 01:05:04 PM

Fuck covid
All hail BITCOIN
Very good just touch $9407  Grin
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July 21, 2020, 01:18:46 PM


-Hon Sec
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July 21, 2020, 01:21:38 PM

$9500 today?  Cool
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July 21, 2020, 01:32:35 PM

$9500 today?  Cool

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July 21, 2020, 01:50:50 PM

Low volume pump. Let's hope it's not another fake one... =(
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July 21, 2020, 02:03:57 PM

https://twitter.com/BitmexWhale/status/1285575379537862657
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July 21, 2020, 02:11:34 PM

This is happening still, not only in England, but in a lot of other countries worldwide. Hospitals are given incentives to report Covid on death certificates as a cause of death for a while know. This was discovered few months ago already, but of course mainstream media won't report on it.

Cite? I'm curious as to what "incentives" hospitals "get" for reporting cases and deaths as Covid.

Also if governments are no longer releasing data then people can make up whatever justifications they wish. Or someone can start a company that polls hospitals and sells the results to those who find value in being informed (ie: those who value their lives). Perhaps this is the point.

Its a well known fact New York Hospitals Get Paid $13K to List Patients as COVID-19 and $39K to Put Them on a Ventilator
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July 21, 2020, 02:22:34 PM
Merited by Hueristic (1), JayJuanGee (1), jojo69 (1), AlcoHoDL (1), Toxic2040 (1), strawbs (1)

The changes BSV makes to the protocol will inevitably centralize the protocol,

You'll need to be more specific. Which changes exactly are you speaking of?

I certainly hope we are not headed down some semantic rabbit hole about who changed what... but...

The most obvious change.  They have taken the big block ethos to it's end.  They did not only lift block size limitations, but the community has been building applications and uses that encourage as much use of the blockchain as possible.  They ridicule the BTC camp for it's Raspberry Pi nodes and have embraced the idea that nodes (which for them are de facto miners) will be big server farms pushing the boundaries of storage space, network bandwidth and computational resources.

Not only that, but the leaders of this have also pushed forth the idea that censorship resistance was never part of Bitcoin, and that it will be safe for blockchain maintenance to be handled by the anointed few partly because the blockchain will then also be subject to rollbacks, and censorship in cooperation with governments.

I am aware the Satoshi posted on this forum about mining being specialized hardware in server farms etc (I was a lurker back then).  But he also talked about people becoming vigilant about space/bandwith/cpu requirements in the future.  I also never read that he had begun to see that mining and consensus/verification would become two distinct things that could split into specialized groups.  I think Hal got that (and therefore possibly SN too?)   But Satoshi seemed to be of more than one opinion about how mining/consensus would evolve.  But what he did not seem to be two minds on is trust minimization, censorship resistance, and the need to avoid trusted third parties.

And those foundational blocks of Bitcoin are being cheerfully removed by the BSV camp.

I see it talked about very infrequently, but ui do believe one of the reasons for this is there are people who are attempting to use the courts to end up forcing a legal precedent for the keys to the early Satoshi block rewards to be handed over to them by force.  They hope for this to be done on the BTC chain, but they will at LEAST eventually achieve this on BSV.

The whole thing is a giant cluster, and the fact someone as smart as you can ignore the giant problems and warning bells here both amazes and concerns me.
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July 21, 2020, 02:27:58 PM
Merited by El duderino_ (13)

AI generated tweets using OpenAI's GPT-3 model:
https://thoughts.sushant-kumar.com/bitcoin

/thread

Best magic 8 ball ever.

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July 21, 2020, 02:30:50 PM

This seems wrong.



It really might be the boomers who eventually cause this to flip.  It is they who are keeping the market ponzis rolling.
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July 21, 2020, 03:00:02 PM
Merited by yefi (1), psycodad (1), strawbs (1)

In the U.S., insurance companies (and Medicare / Medicaid) will pay out 3x or more on a hospital claim if it is submitted with a covid-19 diagnosis. It is marked as a "major co-morbidity," thus triggering the claim processing system to pay out an amount to cover the extra costs of treating a covid patient. This is definitely a motivating factor for doctors and hospitals to diagnose someone with covid-19, even if it is an inaccurate or fictitious diagnosis.

Since hospital systems are largely for-profit in the U.S., undoubtedly this situation is being taken advantage of. Whether it leads to an inflated count of covid cases by some statistical measurements, I'm not sure. Nor am I sure of the financial incentive for marking somebody dead from covid. But having worked in the industry for a number of years I know for sure hospitals lie all the time on claim forms for the sake of increased revenue.

Ok, however insurance companies have a vested interest to pay out as little as possible, so if a hospital was doing this they would be nailed to a cross in short order. I doubt the value increased would offset the risks taken so probably not.

From the link cited by another person above: (https://www.factcheck.org/2020/04/hospital-payments-and-the-covid-19-death-count/)
Quote
Q: Are hospitals inflating the number of COVID-19 cases and deaths so they can be paid more?

A: Recent legislation pays hospitals higher Medicare rates for COVID-19 patients and treatment, but there is no evidence of fraudulent reporting.

So no evidence at this point.

You could always cross check this against "excess deaths" which are much higher this year that last or over the last 5/10 year averages. That's a lot harder to hide/fudge as you would have to go back into the past to fudge the numbers. And I doubt either Trump or Biden has a hot tub time machine.

As another cross-check, if hospitals were fudging the numbers upward I'm *sure* Barr would be all over it as this just makes his leader look bad.

Overall I'd call bullshit on the assertion that (US) hospitals are false reporting cases for profit. It doesn't benefit the hospital, people with vested interests are watching, and the government is *very* invested in lower numbers anyway.

A guy in my local pub told me his Dad sadly died of a heart attack in March, he didn’t even have covid but apparently the NHS put it on his death certificate & charged him £70 due to the dangers of supposedly ‘dealing with a potentially contaminated corpse’.

I am not joking.

Imagine every person over a certain age has covid as a potential contributing factor to their death, either honestly or falsely, £70 per body.

Very weak citation. FOAF (friend of a friend) is not something I would base my life on.

Remember: Reality exists.
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July 21, 2020, 03:30:25 PM



Why is the upcoming peak in late 2021 almost the same length as the last peak (2013 to 2017), and the next peak in about mid-2025 about 9 months longer than the previous peaks?  are you extending the waves and is bitcoin getting out of 4-year fractals?  Are we going to need to tweak our various BTC price prediction models?  What are you going to call this extending curves model variation?  Is it a bitcoin is maturing model?  Or does it still allow for s-curve exponential adoption based on metcalfe and networking principles and does it also allow for some variation of stock to flow considerations?

Pump??
Not sure but observing @ $9,353

Good morning Observers.

The world for btc got back to be max 2 dimensions (flat earth)  - up or down

not so for true old BitCoin -  Smiley

You don't even know what is bitcoin, so there is that angle, too.   Tongue

 Cheesy Cheesy Cheesy Cheesy Cheesy
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July 21, 2020, 03:49:19 PM
Merited by bitcoinPsycho (1)

This seems wrong.



It really might be the boomers who eventually cause this to flip.  It is they who are keeping the market ponzis rolling.

We have no such made-up tragedy or dilemma in bitcoin.

Accordingly the above snapshot remains misleading (and likely meaningless) as fuck in terms of what it is telling us about how bitcoin and stocks are moving similarly over a period of 2-3 months.

Who gives any fucks about that? including the idea of short term coincidental correlation.

You really believe we should be allowing this kind of white noise bulllshit news affect our thinkenings about bitcoin fundamentals or its possible future price performance, whether we are considering in the coming months or couple of years or even in terms of 4 year fractals or whatever longer time periods?

Zoom the fuck out!!!!!

 Tongue


 Cheesy Cheesy Cheesy Cheesy Cheesy
JayJuanGee
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July 21, 2020, 03:57:56 PM
Merited by infofront (1), heslo (1)

In the U.S., insurance companies (and Medicare / Medicaid) will pay out 3x or more on a hospital claim if it is submitted with a covid-19 diagnosis. It is marked as a "major co-morbidity," thus triggering the claim processing system to pay out an amount to cover the extra costs of treating a covid patient. This is definitely a motivating factor for doctors and hospitals to diagnose someone with covid-19, even if it is an inaccurate or fictitious diagnosis.

Since hospital systems are largely for-profit in the U.S., undoubtedly this situation is being taken advantage of. Whether it leads to an inflated count of covid cases by some statistical measurements, I'm not sure. Nor am I sure of the financial incentive for marking somebody dead from covid. But having worked in the industry for a number of years I know for sure hospitals lie all the time on claim forms for the sake of increased revenue.

Ok, however insurance companies have a vested interest to pay out as little as possible, so if a hospital was doing this they would be nailed to a cross in short order. I doubt the value increased would offset the risks taken so probably not.

From the link cited by another person above: (https://www.factcheck.org/2020/04/hospital-payments-and-the-covid-19-death-count/)
Quote
Q: Are hospitals inflating the number of COVID-19 cases and deaths so they can be paid more?

A: Recent legislation pays hospitals higher Medicare rates for COVID-19 patients and treatment, but there is no evidence of fraudulent reporting.

So no evidence at this point.

You could always cross check this against "excess deaths" which are much higher this year that last or over the last 5/10 year averages. That's a lot harder to hide/fudge as you would have to go back into the past to fudge the numbers. And I doubt either Trump or Biden has a hot tub time machine.

As another cross-check, if hospitals were fudging the numbers upward I'm *sure* Barr would be all over it as this just makes his leader look bad.

Overall I'd call bullshit on the assertion that (US) hospitals are false reporting cases for profit. It doesn't benefit the hospital, people with vested interests are watching, and the government is *very* invested in lower numbers anyway.

A guy in my local pub told me his Dad sadly died of a heart attack in March, he didn’t even have covid but apparently the NHS put it on his death certificate & charged him £70 due to the dangers of supposedly ‘dealing with a potentially contaminated corpse’.

I am not joking.

Imagine every person over a certain age has covid as a potential contributing factor to their death, either honestly or falsely, £70 per body.

Very weak citation. FOAF (friend of a friend) is not something I would base my life on.

Remember: Reality exists.

We should be able to simulaneously hold two conflicting ideas in our heads and still come to proper conclusions.

Sure some hospitals are engaging in shenanigans and deaths are being classified as covid... so fucking what?

We also should realize that the virus is real, and there are actual material and measurable impacts on a large number of communities outside of the purposeful bullshit with the economy there are actual people catching corona and likely to continue to spread when meaningful and targeted measures are not being taken seriously by anti-science bullshit and also anti-information baloney.
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July 21, 2020, 04:00:22 PM

Good morning Bitcoinland.

Finally a wee bit of movement... currently $9350UDS/$12575CAD (Bitcoinaverage).

Not enough to matter much in the greater scheme of things, but at least it's in the right direction.

Go Bitcoin go.
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July 21, 2020, 04:01:53 PM
Merited by JayJuanGee (1), infofront (1)

This seems wrong.



It is, let me help




Sunflower seeds and cocaine...

and just like that..

+1 WOsMerit


----
Good morning

Bitcoin has broken above fairly substantial mid term resistance at $9,228.86 and is currently trading at $9.35kish.   #dyor

tough choice for Elmo?   naaaaa
4h


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D

#stronghands
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