nutildah
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Happy 10th Birthday to Dogeparty!
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April 15, 2020, 12:49:30 PM |
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Off topic, but what I am really fucking hating right now is Bitcoin's new found correlation with the traditional markets, annoying as all hell.
Its been there since at least 2019. Perhaps for a lot longer. We just didn't see it until recently, because the stock market had been in a bull run for the entirety of bitcoin's existence (up until March, that is). Also, Wall Street has never been connected to bitcoin as it is now. If you look at the historical correlation between the Grayscale Bitcoin Trust (GBTC) and the S&P500 ETF (SPY), there's a definite pattern emerging. Correlation since 2016: 0.14 Since 2017: 0.16 Since 2018: 0.21 Since 2019: 0.25 Since 2020: 0.51 Since 2/1/20: 0.57 Since 3/1/20: 0.60 0 = no correlation 1.0 = complete correlation I'm not saying things will always remain this way, but they might for some time. At least until the effects of inflation are truly felt around the world.
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Cryptotourist
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April 15, 2020, 01:05:12 PM |
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So there’s a chance the numbers being reported by the UK Gov on COVID19 deaths are inflated by non COVID19 deaths?
Do you think elderly people (I think past the age of 80 don’t require postmortems) who die in hospital of pneumonia or flu type symptoms are being recorded as COVID19 to inflate numbers & maintain a level of fear amongst the general public to ensure lockdown rules are followed?
People are dying - no doubt about that. Even from COVID19. But we will know about numbers, at a later point in time. If for example, annual cancer death rates have a sudden dip, then we can start making better assumptions about numbers approaching reality. In parallel, a sudden dip in car accident deaths is to be expected. In any case, it's a brilliant mess.
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LFC_Bitcoin
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Merit: 10296
#1 VIP Crypto Casino
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April 15, 2020, 01:26:49 PM |
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Craig Wright has 3 days to prove he is Satoshi, is that right?
Everybody knows he isn’t but wonder if we’ll get a pump when he fails to deliver these 11,000 documents to prove his (lol) 1.1 million bitcoin stash.
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COVID-19
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Bad. Taste. Humor.
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Craig Wright has 3 days to prove he is Satoshi, is that right?
Everybody knows he isn’t but wonder if we’ll get a pump when he fails to deliver these 11,000 documents to prove his (lol) 1.1 million bitcoin stash.
I would like to meet him in person, anyone can introduce me to him?
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akhjob
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Craig Wright has 3 days to prove he is Satoshi, is that right?
Everybody knows he isn’t but wonder if we’ll get a pump when he fails to deliver these 11,000 documents to prove his (lol) 1.1 million bitcoin stash.
Most probably he'll use the current pandemic situation as a reason to ask for more time. But I don't think that a pump in BTC will happen if Craig fails to deliver. Because, everyone knows that he isn't Satoshi. Maybe we can see a dump in BSV. It'll be better to short it
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Lucius
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Crypto Swap Exchange🈺
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April 15, 2020, 02:12:19 PM |
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I would like to meet him in person, anyone can introduce me to him?
Offer him money, he will certainly not refuse a generous offer However, you should keep in mind that this is a very narcissistic person who has an extremely high opinion of himself, and I think with all his titles, he might add something new, maybe crypto God https://craigwright.net/
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LFC_Bitcoin
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#1 VIP Crypto Casino
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April 15, 2020, 02:28:22 PM |
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@Bitcoinlennon $USD Dollar' since April 2015, just 5 years ago. $10,000 into Gold $XAU now worth $14,500. $10,000 into #Bitcoin $BTC now worth $321,000. That same $10,000 left in cash gives you purchasing power of just $9171. Invest your money wisely. #stacksats Thank you. https://twitter.com/bitcoinlennon/status/1250430401035653123?s=21
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fillippone
Legendary
Online
Activity: 2310
Merit: 16483
Fully fledged Merit Cycler - Golden Feather 22-23
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April 15, 2020, 02:44:21 PM Last edit: May 16, 2023, 02:09:53 AM by fillippone |
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Get ready for a new Normal: Abstract It is urgent to understand the future of severe acute respiratory syndrome–coronavirus 2 (SARS-CoV-2) transmission. We used estimates of seasonality, immunity, and cross-immunity for betacoronaviruses OC43 and HKU1 from time series data from the USA to inform a model of SARS-CoV-2 transmission. We projected that recurrent wintertime outbreaks of SARS-CoV-2 will probably occur after the initial, most severe pandemic wave. Absent other interventions, a key metric for the success of social distancing is whether critical care capacities are exceeded. To avoid this, prolonged or intermittent social distancing may be necessary into 2022. Additional interventions, including expanded critical care capacity and an effective therapeutic, would improve the success of intermittent distancing and hasten the acquisition of herd immunity. Longitudinal serological studies are urgently needed to determine the extent and duration of immunity to SARS-CoV-2. Even in the event of apparent elimination, SARS-CoV-2 surveillance should be maintained since a resurgence in contagion could be possible as late as 2024.
https://twitter.com/mlipsitch/status/1250108046317096960?s=20More info: https://www.sciencealert.com/new-study-suggests-repeated-bouts-of-social-distancing-may-be-needed-until-2022Better start planning something different for the 100K party.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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April 15, 2020, 03:10:59 PM |
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Off topic, but what I am really fucking hating right now is Bitcoin's new found correlation with the traditional markets, annoying as all hell.
Its been there since at least 2019. Perhaps for a lot longer. We just didn't see it until recently, because the stock market had been in a bull run for the entirety of bitcoin's existence (up until March, that is). Also, Wall Street has never been connected to bitcoin as it is now. If you look at the historical correlation between the Grayscale Bitcoin Trust (GBTC) and the S&P500 ETF (SPY), there's a definite pattern emerging. Correlation since 2016: 0.14 Since 2017: 0.16 Since 2018: 0.21 Since 2019: 0.25 Since 2020: 0.51 Since 2/1/20: 0.57 Since 3/1/20: 0.60 0 = no correlation 1.0 = complete correlation I'm not saying things will always remain this way, but they might for some time. At least until the effects of inflation are truly felt around the world. To me those correlation numbers seem to show a lack of correlation, rather than correlation.. except on the short term, there has been some more correlation in the short term... but bitcoin is not a short term asset... So there is that. Yes,.... short term we might find some correlation, but so what? Think long term (generally, not you specifically nutildah). Don't many of us invest in this bitcoin thingie-ma-jiggie long term anyhow? Can't we tolerate some short term correlation? We should be able to. TLDR: rumors of correlation (my death) are overly exaggerated.... quasi-mark twain
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JimboToronto
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You're never too old to think young.
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Good morning Bitcoinland; Still under $7k... currently $6738USD/$9481CAD (Bitcoinaverage). Tick tock tick tock... ftfy
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Indymoney
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April 15, 2020, 03:53:41 PM |
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Craig Wright has 3 days to prove he is Satoshi, is that right?
Everybody knows he isn’t but wonder if we’ll get a pump when he fails to deliver these 11,000 documents to prove his (lol) 1.1 million bitcoin stash.
I would like to meet him in person, anyone can introduce me to him? Just Corona is wall between you and him otherwise there is no problem as he is open to meet you
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COVID-19
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Activity: 63
Merit: 7
Bad. Taste. Humor.
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I would like to meet him in person, anyone can introduce me to him?
Offer him money, he will certainly not refuse a generous offer ^ _______ <----' you '---- the joke
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FIFA worldcup
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April 15, 2020, 03:58:38 PM |
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I would like to meet him in person, anyone can introduce me to him?
Offer him money, he will certainly not refuse a generous offer How can he meet him in person ? He will never meet the person named "COVID-19" no matter how much money COVID-19 offers
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Toxic2040
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April 15, 2020, 04:08:12 PM |
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1h D #stronghands
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COVID-19
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Activity: 63
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Bad. Taste. Humor.
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April 15, 2020, 04:26:42 PM |
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I would like to meet him in person, anyone can introduce me to him?
Offer him money, he will certainly not refuse a generous offer How can he meet him in person ? He will never meet the person named "COVID-19" no matter how much money COVID-19 offers I already did my Around The World In 80 Days met over 2M people and did some bad things to about 120K ppl, but most of them were already sick, sorry. I'll find a path myself. See you around, *cough*, *cough*...
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Searing
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Clueless!
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April 15, 2020, 04:37:20 PM |
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Off topic, but what I am really fucking hating right now is Bitcoin's new found correlation with the traditional markets, annoying as all hell.
Yep. This either breaks or we will find that BTC is just another speculative asset that will likely take 7-12 years to come back like the stock market if we are in a deep recession as I suspect. Still, BTC will have its usage, but that IMHO, would show 'adoption' is reached like gold and now BTC would just bring returns as normal investment, except for the small problem of 7-12 years to come back along with the stock market with the pandemic at all. So ..that would truly suck for BTC NOT to be a 'store of value' and just another speculative asset that gets dumped at the start of any bad times economically. Thus if that is the case, the banks will eventually win, take over blockchain and we are all screwed. Not there yet but this stock market and BTC chained at the hip to the stockmarket has to break or we are utterly screwed as a store of value for BTC as well as using BTC as any method to hedge against inflation with all the money printing of trillions going around in the world now...(scared self...shudder)
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Raja_MBZ
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April 15, 2020, 04:41:38 PM Merited by JayJuanGee (1) |
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What miner capitulation?!?
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jojo69
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diamond-handed zealot
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April 15, 2020, 04:45:26 PM |
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dead cat hashrate bounce as miners flee the already halved forks to try and wring one last bit of ROI out of gear they wish they never bought
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Last of the V8s
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Be a bank
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April 15, 2020, 04:54:24 PM |
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wut cheer up pull the self together everythings fine we get to win if we hodl
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