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

[lightfoot]

Come to think of it mass deaths would be good for surviving hodlers as many coins will be lost forever.

My standard death plan holds:
1) Have Alcor cut off your head and stick it in a freezer.
2) Have tattoed on your forehead "Inside this brain is a wallet password for 10 bitcoins. Defrost me and it's yours"
3) Wait until bitcoin is worth the wealth of a good sized country.
4) Enjoy as everyone develops tech to revive you to get the coins
5) Give them the password for the 10btc wallet.
6) Cash out the other 50 btc wallet in your head.

Simple.

[Lambie Slayer]

Long term, I am not sure that having an association between disasters and btc price is a good thing.
On the other hand, rightly or wrongly, WO always prognosticates high btc prices if and when fiat system collapses.
Mixed feelings on this one. Having lots of money when put in the casket is not my idea of fun.

No shit, be buried with a BIG WALLET!!!

Come to think of it mass deaths would be good for surviving hodlers as many coins will be lost forever.

But but... mass deaths would probably mean RE prices drop due to reduced demand!

Oh wait, it also means I will be able to buy moar RE with my BTC.  

Ok... nevermind... just let it be.

Now being serious... Don't you guys think this virus thingy is already being a bit overrated?

It might be a big nothing burger, but since China lies so much it could also be the mythological Big One. The annoying part is we cant rule out either one.

At the end of the day, despite what China says you have to look at their actions and their actions say that they quarantined about 1 percent of the worlds population and about 5 percent of their totoal population, so their actions say its a huge problem.

If I was forced to bet on it Id say most countries will contain it and suffer little damage, but I dont like the fact that there is a legit possibility it turns into a global shitshow.

Usually viruses mutate into less deadly strains bc the ones that quickly immobilize their host dont spread as much while the milder ones spread farther and wider bc their host is more mobile, so maybe Wuhan gets fucked and everybody else is fine.

The Spanish Flu was an interesting case in that it did the opposite bc it hit during WWI and the soldiers who got a mild version kept put and fought on in their trenches while the soldiers who got a stronger mutation were too sick to fight and shipped away to hospitals for treatment. This meant the more deadly virus mutations spread faster and farther.

Eventually 30 percent of the globe was infected and 3-5 percent of the entire population died. Most nations lied to their citizens and said everything was all good bc they didnt want to hurt war morale. Spain was neutral in the war and hadnt enacted wartime censorship of the press so journalists would write about how bad it was in Spain and it got named after Spain for no real good reason.

This time nations will lie to their citizens and downplay the threat in hopes of keeping the everything bubble propped up a bit longer imo.

[Lambie Slayer]

Come to think of it mass deaths would be good for surviving hodlers as many coins will be lost forever.

My standard death plan holds:
1) Have Alcor cut off your head and stick it in a freezer.
2) Have tattoed on your forehead "Inside this brain is a wallet password for 10 bitcoins. Defrost me and it's yours"
3) Wait until bitcoin is worth the wealth of a good sized country.
4) Enjoy as everyone develops tech to revive you to get the coins
5) Give them the password for the 10btc wallet.
6) Cash out the other 50 btc wallet in your head.

Simple.

I think this just may work. 

[infofront]

Much ado about nothing IMO

3-5% of the worlds population died of H1N1 in 1918

but but, we has medical sciences now

we also have far greater mobility and we are packed in tighter

Most people had no clue what a "germ" was. The germ theory of disease hadn't even been around long. People had no idea about hand washing or basic sanitation.

But yes, that could be offset to some extent by the reasons you mentioned.

I just have a tendency to think the media overblows all of this. They're estimating they'll have a vaccine ready in 6-8 months anyway. We'll last that long, at least.

[Millionero]

Is bitcoin a leading indicator of  the coronavirus outbreak?
https://www.forbes.com/sites/investor/2020/01/27/bitcoin-is-a-leading-indicator-of-the-coronavirus-outbreak/

[Lambie Slayer]

via Imgflip Meme Generator

[bitserve]

Weird enough every time I read Wuhan I think about Jihan Wu. Seriously.

[DaRude]

Weird enough every time I read Wuhan I think about Jihan Wu. Seriously.

"Wuhan is the capital of Hubei province..."
Now Huobi exchange is involved? This is just too much of a coincidence where's my tin foil hat. Or i'm just a typical white person  

[BayAreaCoins]

Go Bitcoin!

https://www.youtube.com/watch?v=7liYfhRgXGk

[lightfoot]

I think this just may work.  

There is really no downside: If bitcoin doesn't moon then leave me in the fucking freezer.

I wonder if Alcor will do a group discount....

[Paashaas]

The threat is real:

BREAKING: First case of coronavirus in Germany

[Paashaas]

Bitcoin’s second Lightning Torch has been stolen 4 times by dishonest participants.

I assume Bitcoin is in higher ''demand''.

[HairyMaclairy]

The threat is real:

BREAKING: First case of coronavirus in Germany

This looks like fun.   I hope we get daily updates. 

[JayJuanGee]

ahahahahahahahahahah


you bunch of fucking spazs



what fucking cunt makes these polls...  is it the biggest retard that iz JJG or a bigger moron?

correct anser is 1342

quoted for future derision

whats wrong with beam ?

You are far from balanced jonoiv, but if you are aspiring towards balance that might be a step in the right direction.

I will have to admit, though, you did come close to being able to buy back your BTC stash in your $6k selling area from last year...  and the fact that you seem to still be waiting for sub $6k prices shows that you continue to be quite detached from both reality and any kind of prudent approach to BTC.

I am sure that guys (and possibly gal, too) here would NOT make fun of you, if you were to snap into a more sensible approach towards BTC (satoshi) accumulation, but your last two posts are not exactly inspiring any justification for why anyone here should really feel sorry for you...

The main redeeming quality to your whole situation, I suppose, is that you are only dealing with less than half of a bitcoin, anyhow... so there is that. (I know, I know... guys... I should not be poo pooing that up to 50,000,000 satoshis is NOT some kind of meaningful amount... consider our future lil selfies when we are likely going to be quite content with having actual control over those kinds of quantities of satoshis)

[marcus_of_augustus]

The threat is real:

BREAKING: First case of coronavirus in Germany

thanks for this, it makes clear what the exponential curve numbers are saying ... this is looking like the big one, or at least it has the potential to be unless the authorities do something extraordinary to stop it ... and when have you ever know governments doing something extraordinary?

weirdly no deaths outside China then so maybe it will fizzle out in china .... but .... if you have a bugout plan start enacting it now, do not fuck around with this shit, unless you are already at peace with being part of the 3-14% fatality statistic and don't mind gambling with your health

some interesting talk that it maybe an accidentally/covertly released bio-weapon ... the genetics of the thing are almost too foreign to be a freak of nature
https://www.sciencemag.org/news/2020/01/wuhan-seafood-market-may-not-be-source-novel-virus-spreading-globally so hoping for it to mutate and burn out maybe wishful thinking if it has been designed with a maximal lethality criteria.

either way the global tourist economy is going to take a massive hit and other industries could be majorly affected also and the global financial system is in a precarious position, nothing different since 2008 ... hope for the best, prepare for the worst.

[bitebits]

Morning LFC, did we get the xxx coins required to be a dollar millionaire yesterday? I like the changing number required and good for future reference (like chart buddy). I know it is a free service and all, but still

[marcus_of_augustus]

check out the movie Contagion if you're lacking imagination on how things might progress from here in a worst case scenario ... interestingly they also use a bat cross-species virus as the pretext for the movie plot

[Cryptotourist]

No one's going to mourn me unless I pay them.

How rude.

[hisslyness]

The threat is real:

BREAKING: First case of coronavirus in Germany

Looking similar to BTC pricing trajectory!

[kurious]

I guess it's go long on the coronavirus then.