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

[fillippone]

The situation in Italy: March 6, 2020, 6.00 p.m.
POSITIVE 3916
DECEASED 197
HEALED 523


Press conference of the Head of Civil Protection Angelo Borrelli at 6 pm on 6 March:

4636 people who contracted the virus, currently positive 3916, 197 died and 523 recovered.
Among the 3916 positives:

1060 are found in home isolation
2394 hospitalized with symptoms
462 in intensive care

SOURCE: Italian Health Minister


UPDATE:

The situation in Italy: March 7, 2020, 6.00 p.m.
POSITIVE 5061
DECEASED 233
HEALED 589


Press conference of the Head of Civil Protection Angelo Borrelli at 6 pm on 7 March:

5883 people who contracted the virus, currently positive 5061, 233 died and 589 recovered.
Among the 5061 positives:

1843 are found in home isolation
2651 hospitalized with symptoms
567 in intensive care

SOURCE: Italian Health Minister

[jbreher]

Look at the prices of medical procedures in the US. One would suppose that capitalism would manage to reduce prices due to competition as it does in most other sectors. But in this particular case it is not happening at all. How do you reconcile US not having universal health care and still having the biggest per person spend? It just doesn't make any sense.

Simple. Medicine in the US is a semi-socialized, government-market-distorted clusterfuck that has nothing whatsoever to do with capitalism.

So the an alternative being fully socialising it would probably work better IN COMPARISON...

FTFY.

It might work better. Might not.

Another alternative would be to tear down the market distorting regulations that serve nothing but entrenched interests. That might work better, too. Plus, it would have the benefit of being a more moral system, as it would not be predicated upon coercion.

Unless they manage to keep corrupting the system somehow... which probably they would.

Aye. In either stated alternative.

Is there any country where a pure capitalist health system exist? If there is, I would like to know and compare costs.

None come to mind.

[nutildah]

~~~

Bro, You are already active in "Speculation Section "(WO posts doesn't counts in any sig). I suggest try to explore Gambling section if its your cup of tea, then you are good to go.

Yep. 3 hints:

- if you are applying for a gambling-related sig, post in the Gambling section beforehand
- WO posts don't count
- your posts have to be of a certain character or word length to meet the requirement.

[mindrust]

Observing $8870 btw.

Vegeta ded.

[Arriemoller]

Italy is no different than all the other countries in that they are not testing everyone they know who was in  contact with the virus.

There is only one difference: in Italy there is an high percentage of elderly people:  Italian has the second life expectancy in the world.
So we are vulnerable to elderly-affecting disease.
Regarding car crashes (taken as example of what can bring you to an ICU) is not sitting with an elderly in the hospital that bothers me: it that there is the concrete possibility that every ICU is already taken by them leaving none for me!

Let me tell you a secret about hospitals (having worked in one), they do triage. If you have a bad accident you will pass the elderly flu patients in the line when you get to the hospital, just as young patients are treated before old patients if there is a shortage of treatment available.

[VB1001]

SOURCE: Italian Health Minister

NEW: Italy will issue a decree later tonight with new measures to stop coronavirus, according to Reuters. Local media says new areas will be put on lockdown.

https://twitter.com/BNODesk/status/1236351278776754177

We will end up all locked up at home.

[Last of the V8s]

[bitebits]

^ Would have expected a bit more design:

[Last of the V8s]

^


meanwhile

In locked down Wuhan, teachers use an app called DingTalk to set homework. Kids realised if it got enough one-star reviews it would be removed from App Store. Thousands of reviews flooded in, and DingTalk’s rating fell from 4.9 to 1.4 overnight. Legends.

[OutOfMemory]

Six pages to backread  
I'm still in a hurry, wife got sick (i hope it's a "normal" virus, but no rhinitis and a sore throat for a start *fingers crossed*).
Just wanted to contribute this quickly to Covid-Observer:

https://www.inverse.com/article/60949-keto-diet-influenza-fight-infection
https://www.ncbi.nlm.nih.gov/pubmed/31732517

Does not hurt. May be of some value for WO brothers who get sick.

[lightfoot]

Look at the prices of medical procedures in the US. One would suppose that capitalism would manage to reduce prices due to competition as it does in most other sectors. But in this particular case it is not happening at all. How do you reconcile US not having universal health care and still having the biggest per person spend? It just doesn't make any sense.

The trick is medical does not have to tell you what the price is, and they can charge whatever they feel like after the fact. Bonus is that if your insurance decides not to cover it, the price is different than if your insurance does cover it but pays nothing towards it.

A perfect example: I take a drug long term. Insurance refused to cover it and wanted me to take something that made me feel like I wanted to kill myself. So I paid for it out of pocket. $350 a month. Even better, it does not go towards your "deductible" because your insurance doesn't cover it.

Doctor tells insurance company to cover it, price goes down to $5.00. Next year Jan I go to pick it up and expect to pay $350. Nope, it's $80 without the deductible filled.

So how much does this drug cost? Is it $350? $80? $5? No fucking clue. Also you can run into drugs that will cost $1500 if your insurance doesn't cover it and $100 if they cover it but won't pay for it because you have to pay 100% cost till deductible met.

Move this to a hospital: They won't tell you how much everything costs up front. Becuase then you might not seek the "best care" but instead only get the care you could afford. Can't have that, now can we?

This is the root of the problem.

[fillippone]

It's time (again) for a Wall Observer Meta Post!
This is a Monhtly post, so it will consider the merits sent during the month of February.
Consequently I had to wait for the last merit dump, that included the last day of the month.

Merit analysis based on LoyceV merit file: http://loyce.club/Merit/merit.all.txt

Merit updated to February, 29th, 2019 23:59:59 UTC

Total merits sent on WO:     39878
Monthly Merits sent on WO: 2418 (+129 vs previous month)
Merited Users: 671 (+7 vs previous month)

TOP 100 WO MERIT RECEIVERS:

Code:

1. El duderino_             2407
2. Last of the V8s         2070
3. xhomerx10               1583
4. HairyMaclairy           1511
5. LFC_Bitcoin             1154
6. BobLawblaw              1139
7. JayJuanGee              1120
8. jojo69                  1083
9. VB1001                  1002
10. Toxic2040               961
11. infofront               864
12. d_eddie                 712
13. bitserve                710
14. Paashaas                659
15. mindrust                559
16. fillippone              551
17. gentlemand              527
18. Torque                  526
19. Lambie Slayer           510
20. Globb0                  473
21. Elwar                   454
22. Icygreen                451
23. JimboToronto            414
24. Raja_MBZ                409
25. ivomm                   407
26. JSRAW                   366
27. cAPSLOCK                358
28. nutildah                352
29. Biodom                  352
30. kurious                 350
31. kenzawak                342
32. jbreher                 324
33. goldkingcoiner          308
34. AlcoHoDL                298
35. LUCKMCFLY               293
36. Phil_S                  291
37. mfort312                289
38. marcus_of_augustus      279
39. Pamoldar                265
40. BTCMILLIONAIRE          255
41. Cryptotourist           254
42. Hueristic               254
43. Rosewater Foundation    244
44. Arriemoller             243
45. vroom                   232
46. Dabs                    208
47. realr0ach               207
48. Ibian                   198
49. 600watt                 197
50. bones261                197
51. TERA2                   194
52. bitcoinPsycho           183
53. vapourminer             181
54. Kylapoiss               180
55. kingcolex               175
56. makrospex               171
57. lightfoot               169
58. Wekkel                  165
59. Gyrsur                  165
60. yefi                    161
61. serveria.com            148
62. bkbirge                 143
63. SuperTA                 139
64. Searing                 137
65. StartupAnalyst          135
66. bitebits                133
67. toknormal               131
68. Bitcoinaire             129
69. Spaceman_Spiff_Original 128
70. Anon136                 121
71. DaRude                  116
72. sirazimuth              112
73. somac.                  111
74. STT                     109
75. Cryptoqueeen            109
76. BlindMayorBitcorn       107
77. kirreev070              107
78. BinaryReign             107
79. HI-TEC99                107
80. explorer                 97
81. P_Shep                   93
82. Majormax                 93
83. DeathAngel               90
84. Olegya199                81
85. rdbase                   79
86. Totscha                  76
87. BitcoinNewsMagazine      75
88. dragonvslinux            73
89. Dunkelheit667            70
90. cryptjh                  68
91. pacman7331               66
92. cannycassiopeia          64
93. suchmoon                 63
94. conspirosphere.tk        63
95. becoin                   62
96. Karartma1                61
97. theymos                  59
98. nanobtc                  59
99. crypmike                 58
100. Ludwig Von              57

TOP 100 WO MERIT SENDERS:

Code:

1. JayJuanGee              3659
2. El duderino_             3035
3. BobLawblaw              2523
4. LFC_Bitcoin             1781
5. infofront               1168
6. bones261                1159
7. Globb0                  1155
8. vapourminer             1110
9. Last of the V8s         1034
10. marcus_of_augustus      990
11. xhomerx10               895
12. mindrust                892
13. jbreher                 824
14. HairyMaclairy           730
15. 600watt                 628
16. cAPSLOCK                621
17. jojo69                  529
18. Dabs                    501
19. VB1001                  500
20. Paashaas                495
21. suchmoon                465
22. fillippone              460
23. Toxic2040               442
24. Hueristic               422
25. d_eddie                 377
26. Torque                  371
27. bitserve                362
28. QuestionAuthority       311
29. kurious                 297
30. nutildah                286
31. yefi                    260
32. Lambie Slayer           253
33. gentlemand              252
34. JimboToronto            219
35. Wekkel                  217
36. Ibian                   216
37. Icygreen                214
38. BlindMayorBitcorn       209
39. Raja_MBZ                208
40. ErisDiscordia           206
41. bitebits                201
42. kenzawak                191
43. ivomm                   191
44. Gyrsur                  186
45. RoomBot                 180
46. Karartma1               180
47. Dunkelheit667           176
48. Pamoldar                168
49. Biodom                  163
50. Arriemoller             158
51. explorer                155
52. JSRAW                   150
53. ssmc2                   148
54. mfort312                146
55. AlcoHoDL                139
56. Majormax                137
57. P_Shep                  136
58. Cryptotourist           136
59. goldkingcoiner          131
60. kingcolex               130
61. lightfoot               127
62. Searing                 126
63. LUCKMCFLY               124
64. makrospex               122
65. sirazimuth              122
66. BTCMILLIONAIRE          118
67. Phil_S                  117
68. Rosewater Foundation    116
69. edgar                   115
70. vroom                   112
71. PoolMinor               101
72. DeathAngel              101
73. xyzzy099                 99
74. bitcoinPsycho            93
75. julian071                90
76. tonyq                    87
77. Kylapoiss                82
78. conspirosphere.tk        82
79. DaRude                   81
80. Elwar                    77
81. criptix                  74
82. RayX12                   73
83. bkbirge                  73
84. serveria.com             70
85. rdbase                   64
86. Bitcoinaire              64
87. SuperTA                  63
88. StartupAnalyst           62
89. Wilhelm                  59
90. OROBTC                   57
91. Anon136                  56
92. empowering               55
93. Totscha                  54
94. rolling                  53
95. somac.                   52
96. soullyG                  51
97. sammy007                 50
98. Jayjay04                 50
99. STT                      49
100. psycodad                49

                        
                            
TOP 100 MONTHLY WO RECEIVERS:

Code:

1. xhomerx10                126
2. Paashaas                 117
3. Last of the V8s          103
4. Lambie Slayer             95
5. marcus_of_augustus        80
6. LFC_Bitcoin               78
7. El duderino_               74
8. jojo69                    71
9. LUCKMCFLY                 69
10. mindrust                 66
11. AlcoHoDL                 65
12. HairyMaclairy            64
13. JayJuanGee               63
14. VB1001                   56
15. OutOfMemory              50
16. Icygreen                 48
17. BobLawblaw               47
18. bitserve                 45
19. fillippone               44
20. Cryptotourist            43
21. bitebits                 43
22. bkbirge                  42
23. Phil_S                   41
24. gentlemand               40
25. Gyrsur                   40
26. ivomm                    35
27. d_eddie                  32
28. JSRAW                    31
29. eddie13                  31
30. nutildah                 29
31. Globb0                   28
32. vapourminer              27
33. Raja_MBZ                 26
34. lightfoot                26
35. JimboToronto             25
36. kurious                  23
37. Biodom                   22
38. serveria.com             21
39. BitcoinNewsMagazine      21
40. Hueristic                20
41. Searing                  19
42. LoyceV                   19
43. bitcoinPsycho            18
44. Olegya199                17
45. rdbase                   17
46. dragonvslinux            17
47. psycodad                 17
48. bones261                 13
49. Torque                   12
50. jbreher                  12
51. Elwar                    11
52. Wekkel                   11
53. Ibian                    10
54. goldkingcoiner            9
55. somac.                    9
56. STT                       9
57. DaRude                    8
58. HI-TEC99                  8
59. Lucius                    8
60. cAPSLOCK                  7
61. Majormax                  7
62. Arriemoller               6
63. vroom                     6
64. fluidjax                  6
65. soxxx                     6
66. akhjob                    6
67. windjc                    6
68. yslyv                     6
69. Tash                      6
70. rpietila                  6
71. P_Shep                    4
72. heslo                     4
73. FullNode                  4
74. Xavofat                   4
75. Dabs                      3
76. Dunkelheit667             3
77. becoin                    3
78. julian071                 3
79. smartcomet                3
80. hodl_2015                 3
81. Millionero                3
82. OROBTC                    3
83. ataArt                    3
84. ChuckBuck                 3
85. kellrobinson              3
86. ~Money~                   3
87. kro55                     3
88. Pamoldar                  2
89. DeathAngel                2
90. Biro Bob                  2
91. NeuroticFish              2
92. plasticAiredale           2
93. manchester93              2
94. Swordsoffreedom           2
95. Jeremy Franklin           2
96. yefi                      1
97. Bitcoinaire               1
98. sirazimuth                1
99. Totscha                   1
100. strawbs                  1

           

TOP 100 MONTHLY WO SENDERS:

Code:

   
1.El duderino_              382
2.marcus_of_augustus       290
3.JayJuanGee               248
4.LFC_Bitcoin              120
5.vapourminer              102
6.bones261                  81
7.BobLawblaw                80
8.suchmoon                  77
9.xhomerx10                 57
10.Lambie Slayer            50
11.Globb0                   49
12.Paashaas                 49
13.Last of the V8s          45
14.fillippone               45
15.nutildah                 34
16.mindrust                 32
17.AlcoHoDL                 32
18.bitserve                 31
19.VB1001                   28
20.Icygreen                 27
21.Cryptotourist            25
22.OutOfMemory              24
23.jojo69                   23
24.kurious                  23
25.rdbase                   22
26.HairyMaclairy            21
27.d_eddie                  21
28.Hueristic                19
29.LUCKMCFLY                19
30.Gyrsur                   17
31.lightfoot                16
32.bkbirge                  16
33.JimboToronto             15
34.Raja_MBZ                 13
35.ivomm                    12
36.infofront                11
37.makrospex                11
38.Phil_S                   11
39.DaRude                   11
40.serveria.com             11
41.psycodad                 11
42.Dabs                     10
43.JSRAW                    10
44.sirazimuth               10
45.eddie13                  10
46.Biodom                    9
47.Xavofat                   9
48.P_Shep                    8
49.bitcoinPsycho             8
50.OROBTC                    8
51.gentlemand                7
52.bitebits                  6
53.jbreher                   5
54.cAPSLOCK                  5
55.Torque                    5
56.Ibian                     5
57.Arriemoller               5
58.Wekkel                    4
59.goldkingcoiner            4
60.DeathAngel                4
61.Olegya199                 4
62.BitcoinNewsMagazine       4
63.kaicrypzen                4
64.Basorexia                 4
65.Hyperjacked               3
66.yslyv                     3
67.Swordsoffreedom           3
68.yefi                      2
69.ErisDiscordia             2
70.Dunkelheit667             2
71.Searing                   2
72.vroom                     2
73.Totscha                   2
74.fluidjax                  2
75.smartcomet                2
76.heslo                     2
77.willope                   2
78.o_e_l_e_o                 2
79.Royse777                  2
80.ChuckBuck                 2
81.peonminer                 2
82.Pamoldar                  1
83.ssmc2                     1
84.Majormax                  1
85.somac.                    1
86.HI-TEC99                  1
87.ChinkyEyes                1
88.Heater                    1
89.silverfuture              1
90.akhjob                    1
91.podyx                     1
92.shasan                    1
93.Vispilio                  1
94.xtraelv                   1
95.Blitzboy                  1
96.soxxx                     1
97.Becky666                  1
98.hisslyness                1
99.rupola85                  1
100.Wexlike                  1

  
MONTHLY sMERITS BALANCE

Code:

SMerits Balance=Received Merits/2-Sent Merits

Positive Balance means an user has been increasing sMerits on the WO thread, while negative numbers means the users has sent more merits on WO than received.
Negative numbers are possible or because he has been generous this week because he has been greedy past weeks (so only temporary imbalance), or because he has hoarded sMerits on other threads spending them on WO thread, or because he's a merit source.

TOP 20 MONTHLY NET RECEIVERS

Code:

1. LUCKMCFLY               15.5
2. bitebits                15.5
3. gentlemand                13
4. jojo69                  12.5
5. HairyMaclairy             11
6. Paashaas                 9.5
7. Phil_S                   9.5
8. LoyceV                   9.5
9. dragonvslinux            8.5
10. Searing                 7.5
11. Last of the V8s         6.5
12. BitcoinNewsMagazine     6.5
13. xhomerx10                 6
14. Elwar                   5.5
15. ivomm                   5.5
16. JSRAW                   5.5
17. eddie13                 5.5
18. bkbirge                   5
19. STT                     4.5
20. Olegya199               4.5

TOP 20 MONTHLY WO NET SENDERS

Code:

1. El duderino_             -345
2. marcus_of_augustus      -250
3. JayJuanGee            -216.5
4. vapourminer            -88.5
5. LFC_Bitcoin              -81
6. suchmoon                 -77
7. bones261               -74.5
8. BobLawblaw             -56.5
9. Globb0                   -35
10. fillippone              -23
11. nutildah              -19.5
12. rdbase                -13.5
13. kurious               -11.5
14. infofront               -11
15. makrospex               -11
16. sirazimuth             -9.5
17. Hueristic                -9
18. bitserve               -8.5
19. Dabs                   -8.5
20. DaRude                   -7

                 
Solid increase in merit circulation this month on the WO thread.
Despite the the "short" month we made a record month for merits and merited users!
Definitely looking for more action in the coming months with halving approaching.
 
WO gang, the hat gang, still continue to top the chart of monthly received and sent merits.
Nice to see a continuing increase of merits sent to new merited members.


TOP Merited Posts on WO this month:

POSITION	POST	Merits	Author
1	https://bitcointalk.org/index.php?topic=178336.msg53797887#msg53797887	66	xhomerx10
2	https://bitcointalk.org/index.php?topic=178336.msg53827891#msg53827891	57	Paashaas
3	https://bitcointalk.org/index.php?topic=178336.msg53828163#msg53828163	36	marcus_of_augustus
4	https://bitcointalk.org/index.php?topic=178336.msg53798263#msg53798263	24	JayJuanGee
5	https://bitcointalk.org/index.php?topic=178336.msg53772484#msg53772484	19	OutOfMemory
6	https://bitcointalk.org/index.php?topic=178336.msg53866382#msg53866382	19	mindrust
7	https://bitcointalk.org/index.php?topic=178336.msg53827801#msg53827801	18	Icygreen
8	https://bitcointalk.org/index.php?topic=178336.msg53812586#msg53812586	16	LoyceV
9	https://bitcointalk.org/index.php?topic=178336.msg53821916#msg53821916	15	Lambie Slayer
9	https://bitcointalk.org/index.php?topic=178336.msg53809611#msg53809611	15	LUCKMCFLY
9	https://bitcointalk.org/index.php?topic=178336.msg53853003#msg53853003	15	Olegya199

                                    

                        
                     

Still fixing glitches here and there, I am using this to getting better at data management (errors are mine).

[Torque]

Another alternative would be to tear down the market distorting regulations that serve nothing but entrenched interests. That might work better, too. Plus, it would have the benefit of being a more moral system, as it would not be predicated upon coercion.

As you've already indicated, it'll never happen when the 'entrenched interests' are the ones in control of the corrupt system in the first place. Too much money to be made off the chronically sick and elderly in the U.S.

[rdbase]

Observing $8870 btw.
Vegeta ded.

If Steph can then BTC can too!

Long live Goku as the one to be ultra instinct when $10k is seen again!
Rise you phoenix rise!

[OutOfMemory]

TOP Merited Posts on WO this month:

5

https://bitcointalk.org/index.php?topic=178336.msg53772484#msg53772484

19

OutOfMemory

                                    

                                          
Still fixing glitches here and there, I am using this to getting better at data management (errors are mine).

I see i messed up the stats this month a bit, sorry for that. Should be the first and last time.

[fillippone]

LOCKDOWN IN ITALY

Rumor mill:

UPCOMING DECREE IN ITALY
The Italian government is set to impose a virtual ban on entry into the region of Lombardy and several other northern areas to contain the spread of the coronavirus, according to newspaper Corriere della Sera, citing a forthcoming decree.
The measures will also include a so-called “security zone” with provisions including suspending skiing and public events, and closing museums, swimming pools and theaters, the newspaper said.

All this until April 3rd to say the least.

[OutOfMemory]

LOCKDOWN IN ITALY

I also don't like the latest numbers. Italy goes ahead Iran. Deaths vs. Cured in the USA looks horrible, too (17 vs 15), is that to blame on the "healthcare" system?
Italy and Austria carnival tourism should show some effects in the following week, too. Good luck! Hope you're prepped out.
 

[Searing]

I was thinking about my private medical insurance which is supposed to cover me worldwide... but, yeah, probably there are lots of exclusions that I never even bothered to read... But I have just checked that it seems that there is a maximum cover of 50000€ which, after knowing the completely ridiculous prices of medical services in US, it's almost a joke.

dude, 50K?

we ain't even scraping you off the windshield for that...peasant

Yeah... but maybe it would be enough cover for an aspiring if I do get a headache while overseas?

I have read about completely terrifying stories (invoices/receipts included) of medical expenses running on the several hundreds of thousands dollars for what would otherwise be considered minor/mild health issues... like stents surgery, back surgery... or a few tens for a very simple bone fracture... and that without considering a long stay in the hospital which cost is simply mindblowing.

This is how the insurance companies are stealing peoples houses now. Short stays after surgery (intentionally get inflated:Especially for older people unable to make decisions) start them on roads where they never go home. The amount of drugs they pump into them is amazing and they go home hooked.

The health care system is designed to take assets in this country.

BTW there are never any shared rooms available.


https://www.medicaidplanningassistance.org/nursing-home-costs/

You have to read all the clauses of your insurance policy, insurance companies normally do not take charge or do not include coverage if a pandemic is declared.

Most insurance runs out on nursing home stays as well and they happily start a revers mortgage for you.

I was told today by a friend on this that if you have to go to the hospital from your nursing home or assisted living place..your soc security and medicare stuff will only pay

for the hospital stay and not your nursing home or assisted living place that such would usually apply to. Now I understand why I keep seeing Facebook memes of old folk

being kicked to the curb by their nursing home or assisted living when they come back from the hospital. No way to catch up on past rent..thus you are on the curb it seems.

As an aside, years ago, Canada had a web-based questionnaire on what it would take income/age/etc to be considered to immigrate to Canada. This has since been put up as

a humor site someplace because it was always 'slammed' by folk like me curious. At that time say 10 years ago, an 18-year-old immigrant from East Africa has a better

shot/score on this than myself at 55 years old, because the young person would have 'years' to contribute to the social network and safety net of Canada's social compact

than I ever would. I found that kinda amusing and depressing at the same time. About 2 years ago I took the same questionnaire (it is still on the net someplace or was) and NOW

after BTC/Crypto ($$$$) they would fall all over themselves to accept me! Sheesh! Sometimes I think I should only date Canadian Women as an option/backup plan...just in

case. Anyway, money talks and bullsh*t walks applies everyplace it seems.

[HairyMaclairy]

[Last of the V8s]

https://www.pnas.org/content/early/2020/03/02/1913042117

Glucose decreases, and ketones increase the stability of brain networks.

Fascinating research, great news for bitcoin youth if true.