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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.3%)
8/4 - 16 (15%)
8/11 - 7 (6.5%)
8/18 - 6 (5.6%)
8/25 - 7 (6.5%)
After August - 59 (55.1%)
Total Voters: 107

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26464572 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Wilhelm
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March 20, 2020, 11:22:33 AM

Warpspeed 9.... make it so....  Cool
somac.
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March 20, 2020, 11:28:19 AM
Merited by kurious (1)

From my perspective, the lingering question is not the virus, but whether this causes non repairable shit in the legacy financial system. Something has been burning since September already when the repo market got sick. This had nothing to do with the virus.

So I am keeping an eye out for more sorrow (and related scare dumps) before I declare all this over.

Whether Bitcoin would dump as well in a renewed scare dump downwards: we will have to wait and see.

Oh the legacy is  really fucked alright. Has been since 2008 and to be more accurate since the tech bubble. Everything done by CBs and Govs has destroyed the system more and more. So, they have applied band-aid and band-aid solution one after another until we get issues like the ones we are having right now. And what are they doing to solve our current issues, more band-aids and very big ones at that. There is no light at the end of the tunnel for the legacy system, total collapse is its destination and the destruction of sound money is the vehicle it is using to travel there.

At least we have Bitcoin now. Bitcoin is like Noah's Ark those who are smart enough to get on it, will survive the legacy systems money flood, those who don't hop on, will be forever starving drowning slaves.

It's a sad world and I hate it.
Lambie Slayer
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March 20, 2020, 11:28:32 AM
Last edit: March 20, 2020, 11:38:53 AM by Lambie Slayer

Oh look, another research paper further showing the virus gets weaker in warmer, more humid weather. And spring just started yesterday.  Grin 

https://www.accuweather.com/en/health-wellness/new-study-says-high-temperature-and-high-relative-humidity-significantly-reduce-spread-of-covid-19/703418

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3551767

"After estimating the serial interval of COVID-19 from 105 pairs of the virus carrier and the infected, we calculate the daily effective reproductive number, R, for each of all 100 Chinese cities with more than 40 cases. Using the daily R values from January 21 to 23, 2020 as proxies of non-intervened transmission intensity, we find, under a linear regression framework for 100 Chinese cities, high temperature and high relative humidity significantly reduce the transmission of COVID-19, respectively, even after controlling for population density and GDP per capita of cities. One degree Celsius increase in temperature and one percent increase in relative humidity lower R by 0.0383 and 0.0224, respectively. This result is consistent with the fact that the high temperature and high humidity significantly reduce the transmission of influenza. It indicates that the arrival of summer and rainy season in the northern hemisphere can effectively reduce the transmission of the COVID-19."
Ibian
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March 20, 2020, 11:29:29 AM

https://www.foxnews.com/media/dr-jacob-glanville-antibody-neutralize-coronavirus

"What my company is doing is adapting antibodies to recognize and neutralize the novel coronavirus. So this would ... [be] sort of skipping what a vaccine does," Glanville said. "Instead of giving you a vaccine and waiting for it to produce an immune response, we just give you those antibodies right away. And so within about 20 minutes, that patient has the ability to neutralize the virus."

"The completed drug is going to go to the USAMRIID [United States Army Medical Research Institute of Infectious Diseases]. So that's the U.S. military and they're gonna be testing it for its ability to neutralize the virus.

"At the same time, that drug was going to go to Charles River Laboratories, which is a international contract research group, which is going to test the safety of that drug," Glanville said."



Another cure for later to add to the one we already have.
Medicine is just not that simple. Fake news.
Ibian
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March 20, 2020, 11:30:40 AM

Oh look, another research paper further showing the virus gets weaker in warmer, more humid weather. And spring just started yesterday.  Grin

https://www.accuweather.com/en/health-wellness/new-study-says-high-temperature-and-high-relative-humidity-significantly-reduce-spread-of-covid-19/703418

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3551767

"After estimating the serial interval of COVID-19 from 105 pairs of the virus carrier and the infected, we calculate the daily effective reproductive number, R, for each of all 100 Chinese cities with more than 40 cases. Using the daily R values from January 21 to 23, 2020 as proxies of non-intervened transmission intensity, we find, under a linear regression framework for 100 Chinese cities, high temperature and high relative humidity significantly reduce the transmission of COVID-19, respectively, even after controlling for population density and GDP per capita of cities. One degree Celsius increase in temperature and one percent increase in relative humidity lower R by 0.0383 and 0.0224, respectively. This result is consistent with the fact that the high temperature and high humidity significantly reduce the transmission of influenza. It indicates that the arrival of summer and rainy season in the northern hemisphere can effectively reduce the transmission of the COVID-19."
Explain Thailand and other hot places. No, we can safely say this is not so.
Lambie Slayer
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March 20, 2020, 11:41:09 AM

https://www.foxnews.com/media/dr-jacob-glanville-antibody-neutralize-coronavirus

"What my company is doing is adapting antibodies to recognize and neutralize the novel coronavirus. So this would ... [be] sort of skipping what a vaccine does," Glanville said. "Instead of giving you a vaccine and waiting for it to produce an immune response, we just give you those antibodies right away. And so within about 20 minutes, that patient has the ability to neutralize the virus."

"The completed drug is going to go to the USAMRIID [United States Army Medical Research Institute of Infectious Diseases]. So that's the U.S. military and they're gonna be testing it for its ability to neutralize the virus.

"At the same time, that drug was going to go to Charles River Laboratories, which is a international contract research group, which is going to test the safety of that drug," Glanville said."



Another cure for later to add to the one we already have.
Medicine is just not that simple. Fake news. I have no argument so Ill just characterize it as complicated and fake.

At least you tried.  Wink Being a Doom Fan Boy is getting harder and harder each day.
Ibian
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March 20, 2020, 11:46:20 AM

Quarter million infected. It keeps getting easier.
Lambie Slayer
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March 20, 2020, 11:46:46 AM
Merited by Torque (1)

Oh look, another research paper further showing the virus gets weaker in warmer, more humid weather. And spring just started yesterday.  Grin

https://www.accuweather.com/en/health-wellness/new-study-says-high-temperature-and-high-relative-humidity-significantly-reduce-spread-of-covid-19/703418

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3551767

"After estimating the serial interval of COVID-19 from 105 pairs of the virus carrier and the infected, we calculate the daily effective reproductive number, R, for each of all 100 Chinese cities with more than 40 cases. Using the daily R values from January 21 to 23, 2020 as proxies of non-intervened transmission intensity, we find, under a linear regression framework for 100 Chinese cities, high temperature and high relative humidity significantly reduce the transmission of COVID-19, respectively, even after controlling for population density and GDP per capita of cities. One degree Celsius increase in temperature and one percent increase in relative humidity lower R by 0.0383 and 0.0224, respectively. This result is consistent with the fact that the high temperature and high humidity significantly reduce the transmission of influenza. It indicates that the arrival of summer and rainy season in the northern hemisphere can effectively reduce the transmission of the COVID-19."
Explain Thailand and other hot places. No, we can safely say this is not so. This explains why Thailand has only had 1 death even though they were early adopters of Covbull-19 and had their first case on Jan. 13. https://en.wikipedia.org/wiki/2020_coronavirus_pandemic_in_Thailand

Yes. Yes it does. That sound you hear...... Its the hysteria melting away across the globe.
BitcoinGirl.Club
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March 20, 2020, 11:48:28 AM

Quarter million infected. It keeps getting easier.
Stop using the paper money. Seriously, paper money is the easiest way to spread any kind of germs.
Lambie Slayer
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March 20, 2020, 11:50:12 AM
Merited by Torque (1)

Quarter million infected. It keeps getting easier.

Millions are probably infected. They aren't getting sick mostly. This thing is weak.

Being a Doom Fanboy is gonna be a tough gig going forward. You may have to work extra hours scouring the web looking for the finest doom porn available.  Cheesy
Lambie Slayer
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March 20, 2020, 11:57:54 AM

https://twitter.com/JeffreyKleintop/status/1240320415257382913

"Is China a leading indicator for the rest of the world as COVID-19 runs its course?
*FEDEX SAYS CHINA DEMAND HAS REBOUNDED MORE THAN EXPECTED
*FEDEX SAYS 90-95% OF LARGE CHINESE MANUFACTURERS BACK OPERATING
*FEDEX SAYS 65-70% OF SMALL BUSINESSES IN CHINA OPERATING AGAIN"

https://www.oxfordreference.com/view/10.1093/oi/authority.20110803095811145

Farr's Law of Epidemics

"William Farr demonstrated that epidemics decline at a mathematically predictable rate, using empirical observations of a smallpox epidemic to confirm this. He later formulated several other mathematical equations and laws that apply to epidemics, e.g., that prevalence of a disease can be calculated from the mathematical product of incidence and the average duration."
 

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March 20, 2020, 12:00:57 PM
Last edit: March 20, 2020, 12:16:07 PM by Lambie Slayer
Merited by Wekkel (1)

Peace Bulls and lovers of humanity.  Off to Hodlvirus Sleep.  Smiley


Final Score.

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March 20, 2020, 12:12:12 PM
Merited by bitserve (1), Toxic2040 (1)

... a master plan ...

hmmm

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March 20, 2020, 12:15:36 PM
Last edit: March 20, 2020, 01:06:57 PM by Tash

Oh look, another research paper further showing the virus gets weaker in warmer, more humid weather. And spring just started yesterday.  Grin

https://www.accuweather.com/en/health-wellness/new-study-says-high-temperature-and-high-relative-humidity-significantly-reduce-spread-of-covid-19/703418

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3551767

"After estimating the serial interval of COVID-19 from 105 pairs of the virus carrier and the infected, we calculate the daily effective reproductive number, R, for each of all 100 Chinese cities with more than 40 cases. Using the daily R values from January 21 to 23, 2020 as proxies of non-intervened transmission intensity, we find, under a linear regression framework for 100 Chinese cities, high temperature and high relative humidity significantly reduce the transmission of COVID-19, respectively, even after controlling for population density and GDP per capita of cities. One degree Celsius increase in temperature and one percent increase in relative humidity lower R by 0.0383 and 0.0224, respectively. This result is consistent with the fact that the high temperature and high humidity significantly reduce the transmission of influenza. It indicates that the arrival of summer and rainy season in the northern hemisphere can effectively reduce the transmission of the COVID-19."
Explain Thailand and other hot places. No, we can safely say this is not so.

Humid and hot places are worlds apart.
Only few places with tropical rainforest, Brazil, Congo, Malysia and  the majorety live in the citys hot/dry and not in the jungle.
Bangladesh, Laos.....moonsoon season about to start. Laos a neighour to China so far not a single person infected. Bangladesh 160 Mil pop 20 people infected. Luxembourg 0.6 mil) has more infected people as Thailand (70mil),
So far no  death in Finland as lots go to saunas, some few in Russia alos some sauna fans.
Homeless people dwell in sewers also less effected. With that many bacteries around even viruse flee.
The average flat is unhealty dry, some have water containers attached to radiators, helps a bit.

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March 20, 2020, 12:48:58 PM

Meantime it looks like Bitcoin is clawing its way back to "normal" (8k) which is still below where it should be (12k) but we can deal with that next week.

Certainly holding up better than ye ole stocks.
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March 20, 2020, 12:52:42 PM
Merited by JayJuanGee (1)

Meantime it looks like Bitcoin is clawing its way back to "normal" (8k) which is still below where it should be (12k) but we can deal with that next week.

Certainly holding up better than ye ole stocks.

I don’t see how $12,000 isn’t going to be an absolute guarantee by the end of 2020. The halving will ensure that!
Fortune favours the brave, we deserve what’s coming to us.
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March 20, 2020, 12:55:59 PM
Last edit: March 20, 2020, 01:16:53 PM by Millionero
Merited by vapourminer (1), nutildah (1)

Chuck Norris once mined a bitcoin just by thinking about it.

While humanity races to find a coronavirus vaccine, the coronavirus races to find a Chuck Norris vaccine.

Actually, there's no need for a coronavirus vaccine.  Just wait until Chuck Norris catches it.

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March 20, 2020, 01:13:13 PM

when we see gold start to pump back up we will know its on like donkey kong

any day now
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March 20, 2020, 01:16:41 PM
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Wonder how Lambie feels about the coronavirus.
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March 20, 2020, 01:17:40 PM
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Wonder how Lambie feels about the coronavirus.
Dry cough, fever, body aches.
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