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

[Cryptotourist]

I'll go away if that's going to make you feel better.

Hell no, we lost a WO member last night, I'm mourning.

But before... I'll leave this here.

Coronavirus deaths in Italy rise to 1,266 - up 250 in a day

I'll get back to you in a month or two about this one.

I was talking about recession, pandemic, global market crash combined. Did it happen before? Did I miss it? Don't think so.

You can fool a person so many times.

Good night, I am off.

Finally. Good night to you too.
Come back when you feel better.

[Gyrsur]

just came back from the future. already have bought a castle and an island with BTCitcoin. did anything important happened?  

what happened to user "mindrust"? he was a good TA guy too.

[gentlemand]

So I guess we have a day or so to find out if we have a dead cat bounce or a double bottom. Either way, the price will likely go down a bit.

Unless you're buying or have urgent financial need and have to sell or spend I'm not really sure why anyone's bothering to pay attention to the price. It's going to be all over the place for the next 2-3 months at a bare minimum with little relation to fundamentals, reality or anything else one can whip up.

It's like worrying about your hairdo after you've been beheaded and the basket that caught your head is on fire.

[Gyrsur]

just came back from the future. already have bought a castle and an island with BTCitcoin. did anything important happened?  

 Am I still "Extremely Cool Dude and Benevolent Ruler of Madagascar" in your timeline ?

"Extremely Cool Dude" ✅

"Benevolent Ruler of Madagascar Seychelles" ✅

[OutOfMemory]

So I guess we have a day or so to find out if we have a dead cat bounce or a double bottom. Either way, the price will likely go down a bit.

Unless you're buying or have urgent financial need and have to sell or spend I'm not really sure why anyone's bothering to pay attention to the price. It's going to be all over the place for the next 2-3 months at a bare minimum with little relation to fundamentals, reality or anything else one can whip up.

It's like worrying about your hairdo after you've been beheaded and the basket that caught your head is on fire.

Merited for repeatedly giving me the best laughs on the interweb.

....

Yesterday we closed the border to italy. Unilaterally, like i'd expect from our snoddy, arrogant chancellor.
I heard rumors about traffic jams all the way down to Udine. Can't verify, but sounds a bit too extreme to me.
Finally, people here are starting to grasp the situation. Schools were planned to close next wednesday, today the government preponed that to monday.
Infection hotspots in Tyrol were put under quarantine. All shops closed from monday, except gas stations, pharmacies, food stores and the likes. Worried people starting to run hospitals and doctors, because the covid hotline is overloaded.
we're about two weeks behind, with only 2 dead (afaik), about 450 proven infected now. Was 202 two days ago.
I don't have to tell you what that means.

So does anybody think i'd care about the price of bitcoin?

[Elwar]

So I guess we have a day or so to find out if we have a dead cat bounce or a double bottom. Either way, the price will likely go down a bit.

Unless you're buying or have urgent financial need and have to sell or spend I'm not really sure why anyone's bothering to pay attention to the price. It's going to be all over the place for the next 2-3 months at a bare minimum with little relation to fundamentals, reality or anything else one can whip up.

It's like worrying about your hairdo after you've been beheaded and the basket that caught your head is on fire.

Yes, I'm not worried too much. Even if it's a dead cat bounce I know it will come back up. I'd just rather not have to wait yet another year for the price to get back up in the 5 figures.

In the meantime I am copyrighting the Vegeta meme and will be making most of my money based off of that.

[Torque]

Guys I have been telling you since weeks, but I will reiterate again.

I will use Italian numbers, adjust downwards by the percentage you think it is correct because Italian population is old, Italians are not good at hospital or whatever reason you think it is correct, but the final reasoning do not change much:


As of today:

Code:

TOTAL INFECTED  17660  
DEATHS          1266   7.17%
RECOVERED       1439   
TOTAL POSITIVE  14955  
HOSPITALISED    7426   50%
ICU             1328   9%
RECOVERED       1439   

Here's the estimated worldwide numbers for the regular flu virus from October to today:

[Cryptotourist]

@fillippone, I agree that most are infected, or will get infected.
I also agree that hospitals will be overwhelmed temporally.
Some people are going to die, pretty much as they die for a shit-ton of reasons every day.

I'm not trying to undermine the situation in your country, nor any other country for that matter.
But Italy has me baffled more than any other country so far. And we do have similar weather.

Keep updating us please. You must see signs of improvement very very soon.

[fillippone]

Guys I have been telling you since weeks, but I will reiterate again.

I will use Italian numbers, adjust downwards by the percentage you think it is correct because Italian population is old, Italians are not good at hospital or whatever reason you think it is correct, but the final reasoning do not change much:


As of today:

Code:

TOTAL INFECTED  17660  
DEATHS          1266   7.17%
RECOVERED       1439   
TOTAL POSITIVE  14955  
HOSPITALISED    7426   50%
ICU             1328   9%
RECOVERED       1439   

Here's the estimated worldwide numbers for the regular flu virus from October to today:

So you agree with me:

Flu has a way lower mortality rate and hospitalisation rate.
Do the math with 35,000,000 million people infected.
Angela Merkel said two days ago they estimate 70% potential infection rate in Germany without taking countnermeasures.
Italian hospital are NOW at full capacity.
Never heard of any hospital being at full capacity for the flu.

EDIT:
Found an Image, it is in Italian but shows the difference between ICU hospitalised patient of the regular FLU plotted against the ones of COVID-19.



Do you understand why it is so dangerous?

[El duderino_]

Where we going at  

I dunno, brother. All I know is Rick wants to go out for TexMex tonight with a friend that is in town. I don't feel like driving downtown in my baby, parking at his office, and having the chance of our Uber driver being all coughing and sneezing.

Probably just drive ourselves to the restaurant, and ditch the Uber; end up in a restaurant filled with coughing people eating tacos with hot-sauce, sneezing pico de gallo everywhere.

Sheeit.

I picked a bad time to have anxiety/depression.

"State of Emergency" declared in Dallas County, Gov. Abbott declares "State of Disaster" for Texas, and Rick wants fucking TexMex.

Just...

Better as here brother... I almost eat out every day, tonight at 12 resto’s close for 3 weeks.... luckily I met someone amazing 

[Cryptotourist]

Shit Mode: ON

Phone rings in the middle of the night,

T- Hello, this is the Hanks residence.
D- This your prime minister.
T- Who?
D- Not WHO, your sugar daddy, Donald.
T- Oh hi daddy.
D- Tell the wife and the kids not to go public that the flu is a hoax. We have to sell the story among other things.
T- But but, I'm fine.
D- You won't be if you carry on like this.
T- Noted, will do.
D- Thanks, my kisses to Rita.

[Ibian]

I realize now, that not everybody is meant to get filthy rich. You have to be willing to loose it all first.

So it is and ever was. Even all the way back in tribal times, the hunters and warriors were risking their life every day, but they also got the greatest glory and the most women and offspring. Perfectly balanced, as all things should be.

[Globb0]

Where we going at  

I dunno, brother. All I know is Rick wants to go out for TexMex tonight with a friend that is in town. I don't feel like driving downtown in my baby, parking at his office, and having the chance of our Uber driver being all coughing and sneezing.

Probably just drive ourselves to the restaurant, and ditch the Uber; end up in a restaurant filled with coughing people eating tacos with hot-sauce, sneezing pico de gallo everywhere.

Sheeit.

I picked a bad time to have anxiety/depression.

"State of Emergency" declared in Dallas County, Gov. Abbott declares "State of Disaster" for Texas, and Rick wants fucking TexMex.

Just...

if your last post was true, losing several millions in this turmoil, why make your partner work at all?

[Cryptotourist]

So it is and ever was. Even all the way back in tribal times, the hunters and warriors were risking their life every day, but they also got the greatest glory and the most women and offspring. Perfectly balanced, as all things should be.

See?
Sometimes you are not that bad.
You CAN BE a better pickle.

[Ibian]

Don't you have a nice house? I guess you have. Invite your friend and order the best mexican food available. Problem solved.

Don't order anything what kind of an advice is this!?!?

Don't interact with anybody!

And I am saying this as someone who sees more than 100 different people everyday. If that shit spreads here I am done.

You saying this because the alternative is better?!?!

I was just trying to adapt to the mexican food requirement. Of course it is better if they just invite their friend to some things they already have in house or cook themselves, but I guess that's just going too far into paranoia (at this stage).

It's just the right level of paranoia. People need to take necessary steps BEFORE it's too late.

When I come home within the next two days my dad is going to move into another place on his own for two weeks. There is absolutely no reason to take any chances.

[BitcoinGirl.Club]

Hope your 13 months old girl didn't went long on BTC

Those says until she turns 18 😀

[bitserve]

Where we going at  

I dunno, brother. All I know is Rick wants to go out for TexMex tonight with a friend that is in town. I don't feel like driving downtown in my baby, parking at his office, and having the chance of our Uber driver being all coughing and sneezing.

Probably just drive ourselves to the restaurant, and ditch the Uber; end up in a restaurant filled with coughing people eating tacos with hot-sauce, sneezing pico de gallo everywhere.

Sheeit.

I picked a bad time to have anxiety/depression.

"State of Emergency" declared in Dallas County, Gov. Abbott declares "State of Disaster" for Texas, and Rick wants fucking TexMex.

Just...

if your last post was true, losing several millions in this turmoil, why make your partner work at all?

He lives in the US. He probably needs that and maybe even more for a high/comfortable lifestyle.

[BitcoinGirl.Club]

I actually feel nothing when bitcoins swings LOL

[JimboToronto]

Don't you have a nice house? I guess you have. Invite your friend and order make the best mexican food available.

ftfy

Isn't Bawb a Gen Xer? While he may not be an ambitious Boomer, neither is he an Uber-lazy Millennial incapable of cooking for himself.

He could try making some real carnitas, the basis of the best tacos.
____

Cut 4-5 lbs good fatty skin-on bone-in pork shoulder into 3" pieces after removing and reserving the skin. Salt liberally, and fry in enough lard to cover. Don't skimp on the lard.

After it's a nice brown add about a cup of orange juice (preferably fresh-squeezed, 3/4 cup of Coca Cola (preferably non-HFCS Mexi-Coke) and 1/2 cup evaporated milk along with a whole large onion, a few cloves of garlic, the juice of a couple of limes and a herb bundle. Oregano and bay leaves are standard. No cilantro though. That goes on later with chopped raw onions as a condiment. Likewise no chilies. Place skin on top and cover.

After it is back up to a boil, reduce the heat to a low boil (just over a simmer), and cook for at least a few hours (or overnight) until the juices are reduced to a thick gravy, enough to keep the meat moist while basically frying in the lard again. The meat should be super tender and moist, similar to what Americans call pulled pork.

Serve by cutting the pork, a chunk at a time, and some of the skin, into small pieces across the grain and piling on freshly made (or at least reheated) corn tortillas garnished with chopped raw onions, cilantro, pico de gallo, salsa verde (mmm, chili de arbol), etc.

Leftovers can be frozen and reheated by frying in a little of the lard and moistening with a little of the juice. The bulk of the lard can be reserved, frozen and used for your next batch.
___

These are not to be confused with TV-cooking-show/foodie website/Youtube bullshit. These are real Mexican carnitas, cooked the way experienced Mexican mamas and vendors make them.

They're best made in a heavy cast iron pot but a good stainless steel stockpot with a thick enough embedded aluminum bottom will do. Ideally they should be made over an open fire.

[Ibian]

Guys I have been telling you since weeks, but I will reiterate again.

I will use Italian numbers, adjust downwards by the percentage you think it is correct because Italian population is old, Italians are not good at hospital or whatever reason you think it is correct, but the final reasoning do not change much:


As of today:

Code:

TOTAL INFECTED  17660  
DEATHS          1266   7.17%
RECOVERED       1439   
TOTAL POSITIVE  14955  
HOSPITALISED    7426   50%
ICU             1328   9%
RECOVERED       1439   

Here's the estimated worldwide numbers for the regular flu virus from October to today:

No. Percentages. How do they compare?

Goddamn idiot flubros.