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

[jbreher]

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."

The military. Cooking up a vaccine. What could go wrong?

Isn't this the way the tinfoil hat crowd thinks this started in the first place?

[jbreher]

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^   ~spam spam spam spammm

Shuuut up!





Bloody vikings.

[marcus_of_augustus]

filled body bags stacking up in Iran

https://twitter.com/bbcpersian/status/1234860117532774400

naah, they all just fell down stairs or drowned in swimming pools or other 'natural causes'.

Never seen so much panic about most likely nothing too horrific

Hell, an average of ~102 Americans die every single day just in car accidents.

Exactly, and ~7 Americans die from falling down a stair every single day. 
About 2 a day drown in a swimming pool.
And lets not forget about all the fine Sackler products that kill ~118 people in the US each and every day. (1)

The wars kill too (especially having been there and returning home): 22 suicides of US army veterans in average per every day, roughly one per hour. (2)

If any of this is shocking to you, your personal risk assessment is terribly biased. For starters I highly recommend Dan Gardners "risk". (3)

(1) https://www.iii.org/node/32171
(2) https://en.wikipedia.org/wiki/United_States_military_veteran_suicide
(3) https://www.amazon.com/Risk-Science-Politics-Fear-Gardner/dp/0753515539/


I would also like to point out, that every single person that dies from (or with) a Corona infection is counted. But only people with serious health problems get tested and therefor counted, plus a few that come under suspicion from contacts they had.
Nobody knows how many people just had and eventually self-cured Corona in the last weeks, it's not like it's much different to regular flu - except being very mild. Ask yourself if you are going to inform the authorities when you feel like having the flu but are not in critical condition? I'd sit it out at home and don't tell anybody as I don't want to be quarantined. All these are then non-lethal infections that are not counted toward the recoveries and therefor giving a way to high lethality ratio. That leads me to conclude that while Corona is more contagious than seasonal flu atm, it is not as dangerous.

Wrt to the economy and markets it's a different thing. Extreme fear is appropriate there (hell, panic is even fine). That's the typical bespoken weak and ill patient catching a little cold that can kill him. Corona being the little cold for economy.

[bitebits]

First time I hear about ‘hashrate highjacking’:

https://medium.com/braiins/hashrate-robbery-stratum-v2-fixes-this-and-more-8bc4ef578eb7

Stratum V1 has a major security flaw: it’s vulnerable to man-in-the-middle (MITM) attacks. The worst of these attacks is hashrate hijacking, in which a malicious third party is able to steal a miner’s proof of work before it reaches their target pool, thereby taking credit for the work and earning the payout for themselves instead.

[El duderino_]

Fuck. Number go down.
God-damn wrong direction. Sheeit.
I hate the bear-whale.

But but but they provide cheap cornzsss  

[goldkingcoiner]

Do you guys know any good writers/editors who work for coin?

[El duderino_]

Do you guys know any good writers/editors who work for coin?

Best writers are in the Wo , but do they work for coin ??

[OutOfMemory]

Had a hell of a bad day today. The topping of all was a marten killing one of our chickens, and the kids found it. Some infant's tears later, i had to fix the compound for about two hours in pouring rain and set up a trap. I spare you all the other ugly details of this disaster tuesday.
Feels good to hang around and backread a whole day of WO. Feels like home²  
Hope your day was better, y'all.

The corn didn't even move so much. Unusual, when i am busy with RL. A strange day, indeed.

[OutOfMemory]

Do you guys know any good writers/editors who work for coin?

Depends.
I'd vote for Gentlemand, if you need some fucked up, but brilliant perv fantasies.
I'd vote for JJG if you need a 800+ page book of flawless on-topic breakdown analysis, say within a week.

 

[goldkingcoiner]

Do you guys know any good writers/editors who work for coin?

Best writers are in the Wo , but do they work for coin ??

Sexual favors ok too

[bitserve]

Risk is a statistical measure, e.g. the expected loss of a strategy, asset or portfolio.

Not quite. Its the probability that a gain or a loss will differ significantly from what is expected.

This debate caught my interest, so I've looked through Wikipedia and glanced through Investopedia, but I haven't found an unequivocal statement about risk being a probability (pure number) or an expectation (currency units). No clear cut equation anywhere. Some pages say only downside enters the calculation, which would make a negative outcome impossible.

As a layman, I'm left thinking that the unqualified term 'risk' isn't well suited to numerical discussion. Other more precisely defined quantities might be better for that.

This:

In risk analysis, risk is traditionally defined as a function of probability and impact. The probability is the likelihood of an event occurring and the consequences, to which extent the project is affected by an event, are the impacts of risk.

It's very "numerical"... but, of course, the subjectivity lies on assigning proper values for both probability and impact.

[psycodad]

filled body bags stacking up in Iran

https://twitter.com/bbcpersian/status/1234860117532774400

naah, they all just fell down stairs or drowned in swimming pools or other 'natural causes'.

<snip>

In other news: people in countries with sub-optimal health care conditions are more likely to die from a flu.
Still waiting to see people here in outbreak territory fall over on the streets like seen in the authentic footage from China.

[gentlemand]

https://www.businessinsider.com/robinhood-trading-downtime-outage-second-day-backlash-2020-3?r=US&IR=T

The Robinhood app has had two major outages over a couple of days just as things are at their most volatile. Lots of talk of class actions on r/wallstreetbets.

Watch that centralisation, kids.

[sirazimuth]

Which is exactly why there is no reason for the boomers here to be butthurt when I talk about how they all deserve to die.

Altogether too true. Inasmuch as we are human. Life extension tech is unlikely to reach escape velocity in our lifetimes. You deserve to die too, motherfucker.

(In my most benevolent paternalistic voice...)

Touché    (Fellow boomer)

[bitserve]

via Imgflip Meme Generator

Aaaaaaand how to explain this one at home? 

Funny. But Fake.

[bitserve]

Do you guys know any good writers/editors who work for coin?

Maybe I am wrong, but I think nutildah does that.

[Wekkel]

https://www.businessinsider.com/robinhood-trading-downtime-outage-second-day-backlash-2020-3?r=US&IR=T

The Robinhood app has had two major outages over a couple of days just as things are at their most volatile. Lots of talk of class actions on r/wallstreetbets.

Watch that centralisation, kids.

It seems they Bitfinexed too.

[lightfoot]

https://www.businessinsider.com/robinhood-trading-downtime-outage-second-day-backlash-2020-3?r=US&IR=T

The Robinhood app has had two major outages over a couple of days just as things are at their most volatile. Lots of talk of class actions on r/wallstreetbets.

Watch that centralisation, kids.

People who use RobinHood and other tools in a basically rigged market deserve what they get.

Goodness, Dow went down 785 points today. Such faith in the markets, wonder what will happen next.....

[gentlemand]

Goodness, Dow went down 785 points today. Such faith in the markets, wonder what will happen next.....

Another wonderful rate cut tomorrow of course to er... erm...

Fifty dollars in the post to every household.

[lightfoot]

Goodness, Dow went down 785 points today. Such faith in the markets, wonder what will happen next.....

Another wonderful rate cut tomorrow of course to er... erm...

Fifty dollars in the post to every household.

Commie! Sending money to everyone would be a commie trick. What you need to do is send every person with at least 1 million in assets another million in assets. Those people are wise stewards of money and will know best how to distribute it using the trickle down method.

This will result in the citizens getting showers of gold from on high WITHOUT it coming from the "government". Yes, the common man will come to love golden showers.....