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

[bitserve]

I'm no conspiracy theorist, I tend to want to see evidence before I even consider anything a possibility, but I tend to be open to see the evidence and make a decision for myself.

I believe there is a Corona virus out there. I believe people are getting sick from it. I believe people have died from it.

My question:
With all of the people that record video of every boring part of their day (planting flowers, eating dinner, walking the dog, etc.), why are there no videos of people in their hospital beds dealing with this virus?
A quick search of Youtube shows that there are several media videos of people talking about how they are sick, but no "Joe blow" sitting in his hospital bed talking about how much it sucks on his Youtube channel.

And on Facebook I see plenty of people talking about how "my friend's dad died from it" or "my friend is a doctor and he's overwhelmed", etc.

But where are the videos? If you know of any, please let me know to ease my confusion. This should be a common thing on Youtube.

This is a good point. Moreover, I'm in contact with a lot of people (including relatives) in Sydney, Brisbane, Tehran, Moscow, Karachi, & Mumbai, and so far no news of any of them being infected by Coronavirus.

Am I the only one? Is there any Wall Observer whose relatives got affected by Corona?

Not me. But several famous people of my country have already died from it. You can't fake famous people deaths. Well, you can, but...

That we still don't directly know of a relative dying from it is coherent with current low numbers of deaths. Give it time.

[kellrobinson]

Also, please point me to the World Joint Investigative Task Force put together by all the major nations affected by the coronavirus, whose mandate is to investigate the source of the virus, find out *exactly* where it originated from and how/why, and to make sure that this kind of thing NEVER EVER happens to the world again. Because such a task force would make total sense, right?

Yes, totally.

The virus jumped from slaughtered wildlife to humans at a wetmarket in Wuhan.
The Chinese would go a long ways toward stopping "this kind of thing" by coming down like a ton of bricks on the wildlife market.
According to the New York Times,
https://www.nytimes.com/2020/02/27/science/coronavirus-pangolin-wildlife-ban-china.html
The coronavirus epidemic prompted China to permanently ban trade of wild animals as food, but not for medicinal use.
Oops!  Evelybody know shalk fin and pangorin good fo you!
There goes the Chinese ban on the wildlife trade.
And Africans need to stop eating apes.

[AlcoHoDL]

[...]

Waiting for a double price from here is gambling. I am fucking done with gambling.

[...]

When it comes to bitcoin, I can't be sure about anything.

[...]

As much as I respect you for your openness to share the particulars of your Bitcoin activity and recent selling of your coins, I must say that I disagree 100% with your two statements above.

Bitcoin is NOT gambling. And you CAN be almost certain about many things about it. Reading your recent comments, I think you are approaching it in the wrong way...

Many WOs will strongly disagree with me, but my suggestion to you is to GO ALL-IN NOW, buy all that you can afford NOW and WAIT IT OUT. Stop watching the price (difficult, I know). Come back to it in 2-3 years from now and enjoy the near-order-of-magnitude profits.

$50 a week is not going to cut it I'm afraid.

There. I said it.

Edit: PS: If I had followed my own advice above, and had gone all-in when I first entered the Bitcoin space in 2015, I would now be FUCK YOU FILTHY RICH. It's painful to even think about it. Don't allow yourself to feel that pain in 2-3 years' time.

[kellrobinson]

Maybe somewhere in between.  Not all in, but not wimpy 50/wk DCA.  Perhaps model a decaying exponential to determine purchases, which would bias contributions in the near future and then tail them off.

[Torque]

Come back to it in 2-3 years from now and enjoy the near-order-of-magnitude profits.

I agree with your sentiment, but any investment should be a minimum of 8-10 years holding, if not much longer.

Thinking 2-3 years outlook will cut it is the problem with most people's mindset about investing. Hell, a bear market in anything could easily last 3-4 years.

[Elwar]

But where are the videos? If you know of any, please let me know to ease my confusion. This should be a common thing on Youtube.

I think the thing is its still relatively rare to the point where it hasn't affected many regular YouTubers. There are a few out there that I found quickly but they come in the form of news reports:

https://www.youtube.com/watch?v=iFLSG-7K3Tc
https://www.youtube.com/watch?v=hoTpRQtfnII
https://www.youtube.com/watch?v=TAafDOqfN3M
https://www.youtube.com/watch?v=vcb38Pbmmpw

Its definitely a newsworthy story so I'm not surprised that news stations everywhere are jumping at the chance to work patients ready to be video recorded into their reports.

Here's one from a patient in India (one of only 43 at the time) -- directly from his channel:

https://www.youtube.com/watch?v=pGqpoz56bS8

That's what I'm seeing. Just news channels saying "let's check in on a person in the hospital". That indian dude was alone in a hospital with like 20 beds, he said he was there getting tested because he felt sick.

When I was in Kuwait the locals told me about the news anchors before the first Iraq war and how they used to have to keep changing their camera angle with the Gulf behind them because the jet skiiers kept interrupting their shot as everyone was going on with their lives in Kuwait as if nothing was happening.

I saw firsthand in Thailand how horrible the news is and how it will make shit up.

Simple thing to just have a video (like that Indian dude, he said he was super bored...nothing to do, so pop open the cell phone and take video).

[kellrobinson]

Come back to it in 2-3 years from now and enjoy the near-order-of-magnitude profits.

I agree with your sentiment, but any investment should be a minimum of 8-10 years holding, if not much longer.

Thinking 2-3 years outlook will cut it is the problem with most people's mindset about investing.

Yeah, you need a 4 year horizon at minimum.  The market has followed a 4 year cycle since the first halving came along.

[Last of the V8s]

[AlcoHoDL]

Come back to it in 2-3 years from now and enjoy the near-order-of-magnitude profits.

I agree with your sentiment, but any investment should be a minimum of 8-10 years holding, if not much longer.

Thinking 2-3 years outlook will cut it is the problem with most people's mindset about investing. Hell, a bear market in anything could easily last 3-4 years.

Yeah, agreed, perhaps at least one Halving period. Fact is that I have never ever been at a loss since I bought my first Bitcoin in 2015. Never ever. Always in profits, sometimes really huge, others not so huge, but far greater than any other traditional investment could have given me.

[VB1001]

https://twitter.com/binance/status/1242803380776349697

https://www.binance.charity/crypto-against-covid

[Last of the V8s]

Denver lockdown

[Torque]

Come back to it in 2-3 years from now and enjoy the near-order-of-magnitude profits.

I agree with your sentiment, but any investment should be a minimum of 8-10 years holding, if not much longer.

Thinking 2-3 years outlook will cut it is the problem with most people's mindset about investing. Hell, a bear market in anything could easily last 3-4 years.

Yeah, agreed, perhaps at least one Halving period. Fact is that I have never ever been at a loss since I bought my first Bitcoin in 2015. Never ever. Always in profits, sometimes really huge, others not so huge, but far greater than any other traditional investment could have given me.

Yep.

Instead of thinking of Bitcoin as an "investment", I like to think of Bitcoin as a personal/private bank account that pays you insane interest to hold your money...provided you average that interest rate of return over a ten year period.

Incidentally PM's aren't much different, they just pay you much less interest over time than Bitcoin.

[jojo69]

Denver lockdown

source?

nvm, yeah

sigh...looking to get paid out of an office there...guess that's not happening

[Ibian]

Regarding "all in"-maybe it worked if someone did it in 2013-2016, certainly did not work (so far) if you did it in December of 2017.
I think that everyone should have 6mo (all family expenses) in readily available funds (that you don't need to sell under duress).
After that-lump sum or DCA-not much difference if you hold REALLY long time.

Right now stock market is going silly on the upside (in some cases justified). I don't buy just as I did not sell before. Too much noise.

My balance was negative for years. I kept buying.

[Last of the V8s]

https://www.denverpost.com/2020/03/24/coronavirus-denver-stay-home-order/

the stage before you really feel threateningly locked down?

[Elwar]

I keep hearing that the stimulus package passed but am seeing conflicting reports.

Is the digital dollar included?

[bkbirge]

I keep hearing that the stimulus package passed but am seeing conflicting reports.

Is the digital dollar included?

No. Last I read the Senate deal has been agreed to but not voted on. The House bill had the digital dollar in it but that was taken out and made into a separate bill. I don't think it was ever in the Senate bill.

[Ibian]

I'm no conspiracy theorist, I tend to want to see evidence before I even consider anything a possibility, but I tend to be open to see the evidence and make a decision for myself.

I believe there is a Corona virus out there. I believe people are getting sick from it. I believe people have died from it.

My question:
With all of the people that record video of every boring part of their day (planting flowers, eating dinner, walking the dog, etc.), why are there no videos of people in their hospital beds dealing with this virus?
A quick search of Youtube shows that there are several media videos of people talking about how they are sick, but no "Joe blow" sitting in his hospital bed talking about how much it sucks on his Youtube channel.

And on Facebook I see plenty of people talking about how "my friend's dad died from it" or "my friend is a doctor and he's overwhelmed", etc.

But where are the videos? If you know of any, please let me know to ease my confusion. This should be a common thing on Youtube.

This is a good point. Moreover, I'm in contact with a lot of people (including relatives) in Sydney, Brisbane, Tehran, Moscow, Karachi, & Mumbai, and so far no news of any of them being infected by Coronavirus.

Am I the only one? Is there any Wall Observer whose relatives got affected by Corona?

Less than 1% of the world has it so far. Let's do another tally when we hit 5 or 10%.

[jojo69]

I keep hearing that the stimulus package passed but am seeing conflicting reports.

Is the digital dollar included?

I might be a few minutes behind, what I understand at this instant...

a supposed deal has been reached, the mechanics of passage on the floor are still pending and is not assured

the DD was dropped from the final version



grain of salt, the situation is fluid

edit/

GOP Senators Demand Fix For "Massive Error" In Coronavirus Bill Which Would Create "Perverse Incentive"

Unless this bill is fixed, there is a strong incentive for employees to be laid off instead of going to work

https://www.zerohedge.com/political/coronavirus-bill-may-suffer-further-delay-after-gop-senators-demand-fix-massive-drafting

something something, die at jamba juice you peasants

[Biodom]

I keep hearing that the stimulus package passed but am seeing conflicting reports.

Is the digital dollar included?

No. Last I read the Senate deal has been agreed to but not voted on. The House bill had the digital dollar in it but that was taken out and made into a separate bill. I don't think it was ever in the Senate bill.

of major differences-10K student loan forgiveness is out. I agree, that was peripheral (nothing directly to do with the current predicament), but would have made an impact on millenials/gen X-ers.
However, with congressmen being older than 60, it had no chance.