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

[lightfoot]

Meantime this is a pretty good compilation of modern conspiracies. Where do we fall on this spectrum?

(Hint: I hit the "Hollow Earth" level myself)

[yefi]

Meantime this is a pretty good compilation of modern conspiracies. Where do we fall on this spectrum?

(Hint: I hit the "Hollow Earth" level myself)

Interesting that they consider Covid being made in a lab as a lower probability than Elvis still being alive.

[Hueristic]

Meantime this is a pretty good compilation of modern conspiracies. Where do we fall on this spectrum?

(Hint: I hit the "Hollow Earth" level myself)

Interesting that they consider Covid being made in a lab as a lower probability than Elvis still being alive.

That was surely worded poorly, Should be Covid doesn't exist.

[vapourminer]

Meantime this is a pretty good compilation of modern conspiracies. Where do we fall on this spectrum?

(Hint: I hit the "Hollow Earth" level myself)

ive been trying my best to leave reality but the damn thing keeps catching up with me.

[bitserve]

The trick with Covid is it is so contagious that just about all of us are going to get it.  And that means that <1% who it kills?  There are a lot of them.

That hearkens back to my own first public statement on Covid.  Guess what, 100.0% of humans die—and as you yourself noted, people are going to get Covid anyway.

Obsessive fear of Death destroys life, especially if it parlays a not-very-scary Plague into very-scary Famine.  And/or War.

Dear readers of the forum:

Some of you will die from the coronavirus.  (—Some few of you:  The virus has low lethality except to the aged or otherwise frail.)  The virus may kill me, too; maybe, maybe not.  That is acceptable:  Life is risk, and death is a part of life.  My only sadness is that sometimes, the worst befalls the best of people.

What is unacceptable is panic, bureaucratic “do something!” tyranny, and worst of all, hybris.

I hereby use an archaic spelling for the subject of a principle long forgot.

The biggest problem is not the death rate even if it is not negligible. 1% average with older people amounting to most of it is maybe not something that scary (I always say that this covid thing basically doubles your particular yearly chances to die IF and WHEN you get infected). The real issue is that we do rely on things like the medical service which can (and have temporarily been) be overwhelmed if too many people get infected at the same time.

So... if some people can't wait for a vaccine or better treatment to reduce those rates... maybe we could ask they be considerate enough to TRY to delay their individual infection (and probability of needing treatment plus risk of infecting others) so that it is not that much of burden?

We can cope with a 1% additional mortality rate spread over a few years. Certainly we are not prepared to cope with it if it happens in a much shorter timeframe (ie a few months). Not without paying a big price.

I think of myself to be in a somewhat middle position between deniers and panickers but I still do think some measures like masks, social distancing and common sense are not that much to ask to avoid making this a bigger issue than it would need to be.

We are all going to die... eventually. Just try to maintain some order in the queue and wait for your turn. Don't rush it.

[infofront]

Meantime this is a pretty good compilation of modern conspiracies. Where do we fall on this spectrum?

(Hint: I hit the "Hollow Earth" level myself)

Interesting that they consider Covid being made in a lab as a lower probability than Elvis still being alive.

Yeah, I thought that it was basically the consensus that it was made in a lab.

[nullius]

Meantime this is a pretty good compilation of modern conspiracies. Where do we fall on this spectrum?

(Hint: I hit the "Hollow Earth" level myself)

What is this “we” of which you speak?  As for myself, I am at the point of “Abbie Richards is a virtue-signalling dupe (probably, and at best).”

Bottom, “things that actually happened”:  Mostly things that the U.S. government officially admitted.  Mostly things deemed baneful by the Left, for one reason or another.  So—if the U.S. government said so, and said so very loudly in the Congressional Record, then you have permission to say that it “actually happened”.

Top two tiers:  A few unpleasant realities that Miss Richards dislikes hearing about, mixed with a ton of arrant nonsense for the purpose of guilt by association.  I am surprised that I do not see the Federal Reserve^* up there.

Ridiculous, and oh so telling:  Miss Richards places “UFOs”, “Roswell”, and “Area 51” in the acceptable “we have questions” tier, and “alien abductions” in the “mostly harmless” tier, whilst consigning a few things that are actually well-evidenced to the “dangerous” or “get help” tiers.  Whoops!  What a way for Miss Richards to rationalize her own superstitions.

Although I am uninterested in arguing any of that, I must amuse myself:

Nazis on the moon

Not quite, but it is an undisputed historical fact that Nazis put Americans on the moon!

Of course, that is not a “conspiracy” as such.  Just a bit of history that most people nowadays would prefer to forget.

* I do caution researchers of the Federal Reserve to beware that one of the well-known authors on the subject privately admitted that he just made stuff up, whenever that seemed strategically advantageous to him.  Of course, what he actually achieved was to poison the well for everybody else.  I don’t say this to be politically correct; my source on that was himself quite extremely “incorrect”, but was pedantic about facts.  Caveat lector.

[JayJuanGee]

https://blockstream.info/tx/30aac0c2fd89bce5299344d2f1d8ed2aea5ebe03b662c96fc2d7b70515f238e6?output:0


1000 BTC freshly mined in 2010 moved 165 blocks ago.

What does it mean, bitebits?

That's even better than a pee pic.  

Is this, Gentlemen?

Nope only after i'll break even over $20k

Oh my DaRude!!!     

Tell me it is not so.

I thought there could hardly be anyone who has an actual average cost per BTC that is anywhere near $20k, unless s/he/it happens to be a pretty bad gambler, or someone who employs margin.

Anyone who actually accumulates BTC by using regular methods (no leverage), should not have average costs anywhere near $20k, right?  AmInotKoreck?

[Toxic2040]

[lightfoot]

Meantime this is a pretty good compilation of modern conspiracies. Where do we fall on this spectrum?

(Hint: I hit the "Hollow Earth" level myself)

Interesting that they consider Covid being made in a lab as a lower probability than Elvis still being alive.

Yeah, I thought that it was basically the consensus that it was made in a lab.

Elvis being made in a lab? Yeah that's more plausible.

[serveria.com]

FTFY:

But between people who call it a hoax, and people who overact to it a little with insane panic?  The first set are the idiots.

Why not both?

The real problem is simpletons with absolutely binary thinking:  Either Covid must be treated as the new Black Death, or Covid does not exist.  How about some nuance and rationality?

P.S.,

The trick with Covid is it is so contagious that just about all of us are going to get it.  And that means that <1% who it kills?  There are a lot of them.

That hearkens back to my own first public statement on Covid.  Guess what, 100.0% of humans die—and as you yourself noted, people are going to get Covid anyway.

Obsessive fear of Death destroys life, especially if it parlays a not-very-scary Plague into very-scary Famine.  And/or War.

Dear readers of the forum:

Some of you will die from the coronavirus.  (—Some few of you:  The virus has low lethality except to the aged or otherwise frail.)  The virus may kill me, too; maybe, maybe not.  That is acceptable:  Life is risk, and death is a part of life.  My only sadness is that sometimes, the worst befalls the best of people.

What is unacceptable is panic, bureaucratic “do something!” tyranny, and worst of all, hybris.

I hereby use an archaic spelling for the subject of a principle long forgot.

The only difference between using a six shooter then playing Russian roulette with it and going to parties and bars is the math.

1 in 6 vs   1 in 100000 if you are young and truly healthy.

Most won't play the 1 in 6 game and right now too many play the 1 in 100,000 game.

In a years time there will be treatments for it that are not vaccines. Regeneron comes to mind. So why not play it safe for a while.

Now this is a 63 year old typing  not a 28 year old.

This! Exactly my thoughts! Why risk it? According to some reports Covid ruins your balls. I'm 39 now and I wouldn't want to miss out the hookers part of hookers/lambos/blow when we'll hit 100k next year....

[bitebits]

https://blockstream.info/tx/30aac0c2fd89bce5299344d2f1d8ed2aea5ebe03b662c96fc2d7b70515f238e6?output:0


1000 BTC freshly mined in 2010 moved 165 blocks ago.

What does it mean, bitebits?

The early miner seems to be splitting his 50btc block rewards into 10btc chunks. Speculating about the why, maybe to slowly DCA out on the way up without jeopardizing 50btc at the time on an exchange? Plausible since the miner is holding onto those private keys since 2010, clearly not trusting a third party. And obviously extremely bullish long term, clearly believing at prices way above the previous ATH because he would have sold long ago otherwise. Even at $100k a 50btc block is worth $5 million, which can easily be considered too much at once to sell and expose to an exchange and bank. The 2010 miners were quite likely not rich by any means at the time, a 50btc block is likely still more than just pocket change to them.

Why not just send 10btc to an exchange and 40btc to a change address at the time of selling? Don’t know, maybe he wil just hand over the private key to an OTC desk?

Or maybe he is preparing to be able to sell the BCH and BSV forks? The BCH moved as well, the BSV did not.

[yslyv]

Will charts work during election? What is going to happen if Trump does not get re-elected? up or down. lets see, popcorn mode on   

[fillippone]

Good morning WO Gang!

One of the most epic tweet by PlanB!
(Sound on)

🔴Current red dot higher than all other red dots .. when the bull began his run (🔊 sound on!)

https://twitter.com/100trillionusd/status/1315767595115651072?s=21

[Last of the V8s]

@nwoodfine

[aesma]

This Trump assessment was right, the problem was that the conclusion he made : do less tests ! That was of course totally stupid.

There should be a way to emphasize the difference between now that we have massive testing capacity, and the early part of the pandemic. Because right now when looking at COVID cases over time things look really scary, but looking at people in hospital with COVID, much less scary.

[aesma]

Meantime this is a pretty good compilation of modern conspiracies. Where do we fall on this spectrum?

(Hint: I hit the "Hollow Earth" level myself)

Interesting that they consider Covid being made in a lab as a lower probability than Elvis still being alive.

That was surely worded poorly, Should be Covid doesn't exist.

There is also a big difference between "COVID escaped from a lab" which is quite possible, but only some Chinese people know for sure, and "COVID was made in a lab". Conspiracy theorists will take any hint the former happened to jump to the latter.

[Phil_S]

Deep State and George Soros are 100% real deal. Should be at the bottom.

Tells you a lot about the author.

[Phil_S]

4 years

Oct 12, 2016
Oct 12, 2020

[Cryptotourist]

#ronnie.the.rocket