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

[lightfoot]

Bob

I'm getting the fear again.

Fear? Fear of what? This thing only has a 1% fatality rate and is hardly more than the common flu....

(Yeah, I know. BS. Interesting how reality can be so darn real at times)

[1714683530]

1714683530

[1714683530]

1714683530

[Ibian]

A temporary tattoo can identify the certifiably fine, and they can spend unemployment doing things that will help. Pay them from the Govt and you have a serious solution to this mess.

Tattoo with the person's SS number and maybe sew a symbol on peoples' clothes. Like a big star to show people that you're a shining star in the darkness.

Completely inappropriate comparison, IMHO.
Intent matters in this case as long as it positive (enabling) and not negative (restricting).
Personally, I would like to know if i had it or not.
If I had it, then behavior and options available should change, apart from having less stress.
Now, the word is going around that it originally started in September and a few people who had nasty "flu" in late 2019 might have had CV instead.

Completely appropriate. States absolutely do use panics to gain more power and control. That is their nature. And if no outside enemies exist, well, that just means The People are the problem.

[Ibian]

A new Day, a new restriction in Italy.

Now it is forbid to move out or your local municipality.

Coronavirus, ban on the movement of people from the municipality where they are "except for proven needs"

https://www.corriere.it/cronache/20_marzo_22/coronavirus-divieto-spostamento-le-persone-comune-cui-si-trovano-af7a9136-6c51-11ea-8403-94d97cb6fb9f.shtml

Italy has now closed every non-essential activity.
You can exit from home only in a 200 m radius, for whatever reason, but work and food shopping.
Many supermarkets have now restricted opening hours, in addition only one person per family can enter the shop.

The only last step to be exactly like China is welders on the house doors.

Huh?  is that true?

There was not welding of doors in china, was there?

People are literally being locked indoors to starve to death.

C O M M U N I S M

and also chinese

China delenda est.

[lightfoot]

[Ibian]

remember

the thing mutates

and there is suggestion that the second round kills you deader than shit

I read that corona viruses are stable and not prone to mutate, unlike the flu.
I don't believe "the second will kill you" rumors, haven't read that in any reputable paper.

Supposedly the antibodies from the first infection triggers an overreaction from the immune system the next time. And the damage done to the lungs (and other parts) might be permanent.

We don't know yet, but if this thing does what we're hearing and it becomes a yearly thing... could be a continual weakening of the global population.

[Searing]

Legacy market limit down. Bitcoin likely to follow. #btfd

The stock market has to hit 50% down IMHO and bounce for 'reality' to hit. People have a choice of HODL then or lose retirement chances as boomers...so they HODL.BTC may go more than 50% down. But with the inflation and Venezuela already closing banks etc...once the mindset of 50% hit on stock market registers..and all that $$$ printing and debt (what in the USA like 7 trillion with tax cuts by that time) BTC (if a store of value indeed) should come back faster than the stock market slow rise and recovery. Anyway, my premise..but what do I know? At one time I was a 'fanboy' for Butterfly Labs!

Anyway, my 'supposition' of what it will take for sh*t to get done and reality to settle before a recovery of 'everything' be it slow be it stocks/bonds/BTC/crypto or whatever.

Have to hit that 50% down stock ...temp thought I hope it to be... wall in stocks and bloody nose first..then after that will figure out how to build ramparts to scale it in the future...I
I'm hoping BTC/Crypto is the walkabout around vs going over that sucker of 'despair' in this likely at best really deep recession if not a mild (I damn well hope not) depression.

Sh*t got real..my view on HODL above and not panicking in the stock market either.....also have no debt and house paid off helps a lot!

(beware all of my advice..this is for internal delusional use only)

later

brad

[Toxic2040]

[lightfoot]

I'm curious to see if the stock market hits the 2008 lows, in which case Trump will have honestly destroyed every achievement Obama ever did.

Which would be quite impressive in and of itself. Just remember:

[Paashaas]

There are 343,892 confirmed cases worldwide affecting 192 countries with 14,750 deaths.

- New countries infected; Uganda, Syria, Timor-Leste, Papua New Guinea, Mozambique, Niger, Antigua and Barbuda.

- Afghanistan and Kosovo reporting first deaths.

- Surge in number of deaths and cases in UK, Germany, Spain, Italy, and France.

- Italy bans internal travel as death toll rises with 651 in 24 hours.

- Chancellor Merkel is in self-quarantine at home after a doctor she had contact with tested positive.

- Germany will ban public meetings of more than two people.

-  U.S. Senator Rand Paul tested positive.

- Disgraced producer Harvey Weinstein tests positive.

- Economic relief bill being finalized in congress will include a one time $3,000 payment for families and allow the Federal Reserve to leverage up to $4 trillion of liquidity.

- National Guard deployed in California, New York and Washington State.

- Ohio and Louisiana have issued stay at home orders.

- Bogota prison riot over coronavirus kills 23 prisoners and 83 injured.

- Spain will impose 30 day entry restrictions on most foreigners.

- IOC to start discussions Tokyo olympics postponement/cancellation. Canada pulls out of 2020 games.

- New Zealand will move to the highest level of the COVID-19 alert system. People are asked to stay inside, schools will close and both air travel and public transportation will be limited to essential journeys.

- Singapore Airlines cuts capacity by 96%.

- McDonald's closing all restaurants in UK and Ireland.

- A Wuhan resident says she witnessed critically ill patients sealed up in body bags while alive, then sent for cremation.

- Australia started shutting down pubs, clubs, gyms and houses of worship.

- Stocks and oil crumbles as more nations shutting down businesses.

- Indian stock market down 10%, trading halted for 45 min.


The U.S.A in the top 3...

[VB1001]

The amount of additional work that you did (or seem willing to do) on this topic, VB1001, seems to justify that this could be its own thread that is updated periodically. 

I'm not going to create any thread, but it seemed logical to include the links in its list, the work was done by you, I only put the links.
In any case difficult times come with periods of isolation at home, I hope that this list will be useful in moments of boredom.
A few days ago I opened a thread in Off-topic with a series of links with the same objective but with links to museums, art, libraries that are offering free visits and virtual tours, the thread has had tremendous success: 0 answers

Culture - Take advantage of your time if you are confined at home COVID 19

https://bitcointalk.org/index.php?topic=5234219.0

I honestly expected some answer, it seems to me that it is the first time that I open a thread and nobody answers me.

[psycodad]

Anyone able to recommend a video conference solution with basic privacy in mind?
 
Free if possible.
10-12 participants needed

A friend wants to onboard us to zoom and I got spooked.

Everyone working remotely:

ZOOM monitors the activity on your computer and collects data on the programs running and captures which window you have focus on.

If you manage the calls, you can monitor what programs users on the call are running as well. It's fucked up.

https://twitter.com/Ouren/status/1241398181205889024

https://www.eff.org/deeplinks/2020/03/what-you-should-know-about-online-tools-during-covid-19-crisis

https://jitsi.org

It's a p2p video conference software. Works very well.

+1, I have setup an instance last week for friends and family and I have to say I am excited how good it works. Can even be hooked up to a SIP PBX so people from ordinary phones can join in.

In my case I used a VPS with 2 CPUs and 2GB RAM running Debian, tested it with 5-6 participants.
Had the first "virtual" dinner with parents yesterday and while strange it gave some feeling of normality.

[psycodad]

Free if possible.

if it's free...YOU are the product

..or open source. I agree with your general sentiment, but OSS is a bit a different story.

[Phil_S]

If you guys worry about uncertainty, do I have some "good news" for you!

https://www.nj.com/coronavirus/2020/03/im-going-to-get-it-we-all-are-njs-top-health-official-says-as-she-leads-the-states-coronavirus-war.html

“I’m definitely going to get it. We all are,” N.J.’s top health official Judith Persichilli says matter-of-factly. “I’m just waiting.”

It will probably be mild. She’ll feel sick for a few days, then hopefully get better, she says. It may not be this month or this year. But, she’s studied all the coronavirus pandemic algorithms and consulted the experts. It’s coming for her — and me. And you, she fears.

[OutOfMemory]

Good morning  

$5.876

Where the R0ach is at?
 Maybe he has more important things to do now:

https://abc7chicago.com/6038813

Be right back after home schooling the kidz.
#BTFD

[El duderino_]

Seeking the decoupling...

Here's where we are in the timeline compared to the 2008 banking crisis.

Decoupling of safe havens from equities showing hints it may have begun (i.e. when BTC and Gold go bullish). We'll have more confirmation in a week.

via Imgflip Meme Generator
https://twitter.com/woonomic/status/1241974852791095296?s=21

Flight to safety 101:

1) Traders exit risk-on leveraged positions and sit in USD. Retail investors sell to USD for runway (hard times ahead). All assets crash against USD.

2) After peak fear, best assets for hedging the times ahead rise in value (Gold 2008, Gold & BTC 2020)
https://twitter.com/woonomic/status/1241974855219605504?s=21

[Tash]

If you guys worry about uncertainty, do I have some "good news" for you!

https://www.nj.com/coronavirus/2020/03/im-going-to-get-it-we-all-are-njs-top-health-official-says-as-she-leads-the-states-coronavirus-war.html

“I’m definitely going to get it. We all are,” N.J.’s top health official Judith Persichilli says matter-of-factly. “I’m just waiting.”

It will probably be mild. She’ll feel sick for a few days, then hopefully get better, she says. It may not be this month or this year. But, she’s studied all the coronavirus pandemic algorithms and consulted the experts. It’s coming for her — and me. And you, she fears.

Lots already did have it, some not even notice it. Also varies a lot from country to country.

https://bitcointalk.org/index.php?topic=5220206.msg54079956#msg54079956

[Cryptotourist]

... this sounds awful, over 60's no longer being given access to ventilators in Italian hospitals.
I guess this is coming to UK and other deficient healthcare systems where the government let the outbreak become overwhelming.

https://www.jpost.com/International/Israeli-doctor-in-Italy-We-no-longer-help-those-over-60-621856

Peleg said that, from what he sees and hears in the hospital, the instructions are not to offer access to artificial respiratory machines to patients over 60 as such machines are limited in number.

... don't know anything about jerusalem post as a news source though,

Translation: FUD, bla bla bla, FUD, blah, I'm Jewish.

[Cryptotourist]

That be called Koreck.

BULLSHIT.

Lambie bambie, et al cannot be spouting out the same talking points.

You twat. Easy to talk when someone is not around hah?

They got's ta mix it up a little bit and to keep us WO participants entertained with nonsense.

Wow! Yeah man, let's have another analysis.

In other words, brainstorming (washing) briefenings all weekend long.  Not an easy job for lambie bambie et al coming up with idea-ers, to creatively/entertainingly spout out nonsense in the WO thread.  

Salt, ASAP!

[Cryptotourist]

But who the fuck knows. Anybody who says they know is One of "Them". (tm)

BOO-YA, nailed it bro.

Oh Marcus sugar, do tell us everything you know.

[virasog]

I am wondering why people fear bitcoin almost same as they fear coronavirus