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

[Arriemoller]

Re: COVID

It’s clear that Sweden was probably the country that reacted most sensibly of all to the pandemic, with measures that were largely proportionate to the size of the threat.

Well. What you are not saying is that there has not been a day without restrictions in Sweden since March 2020. During a few periods of this time they have even had harder restrictions than their neighbours Norway and Denmark. If they had not had these restrictions, more people would have died.

What is your obsession with Sweden anyway? Could it be you don't want us to remember the military trucks driving out scores of dead from Bergamo, or the stacks of missing bodies found in trucks in New York? Instead of Sweden, why don't we instead talk about Peru, where 0.6 % of the population died from alpha/delta, or Bulgaria or Hungary, where close to 0.5 % of the population died from alpha/delta. All points to alpha/delta having a mortality of around 1 % if not for lockdowns and other measures.

You end by concluding that the higher mortality in the US than in Sweden, was caused by the "disastrous effect of lockdowns on public health". This is where you prove your insanity, or, to give you the benefit of the doubt, your belief that you are only talking to retarded Americans:

Around 150 countries around the world have had lockdowns, and most of these countries have experienced far fewer deaths than Sweden. After the alpha wave, which is where Sweden's course of action diverged most from its neighbours, the deaths per capita in Sweden were 5-10 times higher than its neighbours Denmark, Norway and Finland, which all implemented hard lockdowns in spring 2020. At this point Sweden was in the top-10 of countries with most deaths per capita in the world.

Since they aligned their restrictions to similar levels as their neighbours, at points even harsher, and with the rollout of vaccines, Sweden has steadily improved. Some Swedes kept saying that the neighbouring countries would catch up to the death totals over time. Well they were wrong, because here we are, with an Omikron strain that does not kill anybody that have had their 3 or 4 shots.

First of all, I have not said a damn thing, I'm just posting parts of Dr Rushwroth's blog post.

The reason he posts about Sweden is probably because he lives there, and works at the Karolinska hospital, I wouldn't call that an obsession.
I posted it because I found the stats (and graphs in the original link) interesting. If you could post the same stats for other countries for comparison I would find that equally interesting.
I would be especially interested in the overall mortality year on year from 1991 to 2021, in those countries, especially Denmark Norway and Finland.
If the mortality is indeed higher in Sweden than the three neighboring countries, that would mean that he is wrong. But I would like to se actual stats, not just your word.
I would also like to point out that local tops, like the ones in Italy and NYC you are referring to doesn't necessarily affect the yearly stats.

Edit, I forgot, the mortality rate for Omicon patients is the same regardless of vaccination status, at least it was last week when I checked.

Edit again, I would be interested in hearing your take on the higher mortality in the US, what do you think caused it?

[ChartBuddy]

Explanation

[AlcoHoDL]

https://twitter.com/btc_archive/status/1489599183636025347?s=21

Just had a small discussion regarding this tweet with one of my friend and it went very interesting so I thought of sharing it with my WO bros.

So, In above poll although at first i selected “NO” without much thought, but when I saw 26% saying “YES” I gave a little thought and I realize may be this is an option too and after discussing with my friend it looks like yes this is an option too.

Ok so there could be two basic scenarios:

1.Let say bank accepts your bitcoins investment and promises you a certain interest rate let say 1% in BTC annually. This will be a great option indeed, your bitcoins are actually increasing and without any fears of inflation. But if you keep it with you, let say you invested 2 btc, your 2 bitcoins will be 2 bitcoins after a year but in bank case it will be  2.02 BTC.

2. In second scenario let say bank accept your bitcoins but wants to pay you interest not in BTC but fiat like $ and let say it’s 5% (5% of your equivalent fiat investment). Still in this scenario you are safe. Your bitcoins are safe, not increasing but not decreasing too and on top of that you are getting some cash which you can spend on any thing and your original bitcoins remains same.

3. Third scenario is you don’t invest but you just store it, and yes you can access it through your banking app similar to any wallet and you can easily convert it into your desired currency on the go and withdraw the money when needed. Yes some fee in fiat is applicable.

Well please don’t bring “not your keys, not your bitcoins” into this because that’s a different concept and I totally accept it. But in this case bank promised you it’s your bitcoins and on your demand you will get it back.

What you guys think?

Have you heard what happened in Cyprus in 2012-2013, when 47.5% of all bank deposits above €100,000 were seized?

Would you risk your 2 BTC, to get an extra 0.02 BTC?

I wouldn't!

[Arriemoller]

Re: COVID

It’s clear that Sweden was probably the country that reacted most sensibly of all to the pandemic, with measures that were largely proportionate to the size of the threat.

Well. What you are not saying is that there has not been a day without restrictions in Sweden since March 2020. During a few periods of this time they have even had harder restrictions than their neighbours Norway and Denmark. If they had not had these restrictions, more people would have died.

What is your obsession with Sweden anyway? Could it be you don't want us to remember the military trucks driving out scores of dead from Bergamo, or the stacks of missing bodies found in trucks in New York? Instead of Sweden, why don't we instead talk about Peru, where 0.6 % of the population died from alpha/delta, or Bulgaria or Hungary, where close to 0.5 % of the population died from alpha/delta. All points to alpha/delta having a mortality of around 1 % if not for lockdowns and other measures.

You end by concluding that the higher mortality in the US than in Sweden, was caused by the "disastrous effect of lockdowns on public health". This is where you prove your insanity, or, to give you the benefit of the doubt, your belief that you are only talking to retarded Americans:

Around 150 countries around the world have had lockdowns, and most of these countries have experienced far fewer deaths than Sweden. After the alpha wave, which is where Sweden's course of action diverged most from its neighbours, the deaths per capita in Sweden were 5-10 times higher than its neighbours Denmark, Norway and Finland, which all implemented hard lockdowns in spring 2020. At this point Sweden was in the top-10 of countries with most deaths per capita in the world.

Since they aligned their restrictions to similar levels as their neighbours, at points even harsher, and with the rollout of vaccines, Sweden has steadily improved. Some Swedes kept saying that the neighbouring countries would catch up to the death totals over time. Well they were wrong, because here we are, with an Omikron strain that does not kill anybody that have had their 3 or 4 shots.

Thanks for this quality post. Wanted to reply to Arrie but you saved me at least 30 minutes of my life. 100% correct and based on facts only.  

Well, his facts might be correct, but they aren't comparable to Dr Rushworths. What's the time frame in Peru,  Bulgaria and Hungary? If you are going to throw stats around you need to throw the same stats or otherwise they are useless. We need to see the the overall mortality year on year from 1991 to 2021 in those countries or at least 2005 to 2021 since that's what he is talking about in the US, if we want to compare.

[El duderino_]

COVID found me too….

First time…. It took a long time ….

Still coughing up Flem myself but have felt good otherwise for the last week.

As has been said fluids and keep those sinuses clear!

GL Br0.

*Binge watch Reacher!

I’m at episode 4 or 5 I think

Watching peacemaker too atm but only 6 episode out so far

Thx

[Arriemoller]

I also stumbled upon something called "Star Trek, Lower decks" Anyone know what that is? Sounds like space porn to me.

an American adult animated television series
https://en.wikipedia.org/wiki/Star_Trek:_Lower_Decks

Thanks.

[Arriemoller]

I also stumbled upon something called "Star Trek, Lower decks" Anyone know what that is? Sounds like space porn to me.

Not porn. Just a cartoon/comedy loosely related to Star Trek.

Thanks.

[Arriemoller]

I also stumbled upon something called "Star Trek, Lower decks" Anyone know what that is? Sounds like space porn to me.

Not porn. Just a cartoon/comedy loosely related to Star Trek.

Seems very loosely related from the few minutes of clip I just watched.

I'll stick with the Orville for a comedy version of Star Trek

Yeah, I decided to not download it. Orville was entertaining, saw it a couple of years ago.

[Arriemoller]

Got curious about "Reacher", but could only find season one on Piratebay, any tips on where I can find the rest of it?

https://www.imdb.com/title/tt9288030/

Are you telling me there's only one season?
Thanks.

[Toxic2040]

COVID found me too….

First time…. It took a long time ….

Still coughing up Flem myself but have felt good otherwise for the last week.

As has been said fluids and keep those sinuses clear!

GL Br0.

*Binge watch Reacher!

I’m at episode 4 or 5 I think

Watching peacemaker too atm but only 6 episode out so far

Thx

+1 WOsMerit

Just caught the first episode myself. Good stuff. Been reading Lee Childs for years and the Reacher series. I was disappointed with the Tom Cruise versions..good movie..good action..Tom is just not Reacher imo tho..hes too small. This guy is like in the books...a giant.
bingable for sure and killer sound track


Can't you hear me knocking - The Rolling Stones

p.s. get well dude!

[ChartBuddy]

Explanation

[OutOfMemory]

Got curious about "Reacher", but could only find season one on Piratebay, any tips on where I can find the rest of it?

I also stumbled upon something called "Star Trek, Lower decks" Anyone know what that is? Sounds like space porn to me.

I enjoyed season 1 pretty much. It's like a Star Trek version of Futurama. Season 2 was meh, i quit watching after two espisodes.
You may also check out "Disenchanted".

[Arriemoller]

Got curious about "Reacher", but could only find season one on Piratebay, any tips on where I can find the rest of it?

I also stumbled upon something called "Star Trek, Lower decks" Anyone know what that is? Sounds like space porn to me.

I enjoyed season 1 pretty much. It's like a Star Trek version of Futurama. Season 2 was meh, i quit watching after two espisodes.
You may also check out "Disenchanted".

Thanks, will do.

[cygan]

Time in the market > timing the market

https://twitter.com/LinaSeiche/status/1489916316530135041

[ChartBuddy]

Explanation

[El duderino_]

COVID found me too….

First time…. It took a long time ….

Take care Dude.

I still had an occasional cough a few weeks later but have been much better the last few days.

Tbh 1-2 days sick but today almost nothing anymore …. I expect tomorrow running will be an option, full Crossfit later next week…

[hisslyness]

Ascending Triangle on BTC 4H Timeframe.

Aren't we suppose to touch 30K-31K before breaking out? or has that changed now?

https://bitcointalk.org/index.php?topic=178336.msg59146574#msg59146574

I hope no one was waiting for 30K-31K to buy in!

I am sure that there were plenty of peeps selling more BTC than they should because they thought that they could outsmart the situation and failing/refusing to adequately prepare for UP.

We have seen it many times in bitcoinlandia, including guys refusing to cooperate with my hypothetical and to presume for the sake of attempting to work through my hypothetical that the bottom is in.... guys do not want to do it, sometimes.. they just think more bottom is coming blah blah blah.. which sure may or may not end up happening.

Lots of guys believe that there is more bottom coming so either they fail/refuse to buy BTC ongoingly or they sell a little and considering decent odds of buying back, and hopefully they are not playing with margin when they do some of this betting on down when we had already had a decent amount of down, but we know that frequently they get so much confidence that they do that betting with margin too... even though probably the vast majority of us here, we do not tend to play with margin.. at least not too many of us.  Gotta be careful with that shit.. even though there are probably smart ways to play it.. but is it worth it, really.. we have such an asymmetrical bet.. why screw it up by fucking around with it and playing with margin?

How do you lose money in a bull market?

I suppose another way to lose money in a bull market is that you cannot believe it is a bull market.. and you fuck around too much trying to take advantage of how much smarter you are - even after the BTC price had already dipped 50%-ish..  rather than continuously stacking and not fucking around too much with taking chances.

Hey don't get me wrong.  I am not going to be blaming any guys for having money in reserve for the purpose of buying various potential BTC price drops along the way.. it does not hurt to have some dry powder at all times for such purposes, but they cannot just do one thing.. especially if they have cash ongoingly coming in.. they should be DCA'ing.. ... they should also be buying on a regular basis, especially during dips.. and maybe there are some exemptions for guys who have already reached fuck you status or multiples of fuck you status.... but any guys who are still accumulating BTC or far from fuck you status should be buying fairly regularly.. at a minimum.. especially during such dippening times and without waiting for more dip that may or may not happen.

I guess it all comes down to having a solid bitcoin accumulation plan and executing it.

But if part of that plan is to try and time/game the market then you are guaranteed to go backwards.

For every 1 person that times it right, i can bet you there is hundreds more than has fallen flat on their face, and how long could they keep this going, before being part of the group that has fallen flat on their face!

Should just be focusing on DCA and Ladder buys during these larger dips. 10 years from now, you be kicking yourself because you were trying skimp a few points.

BTW Jay, i really wish your "Fuck You" status factored in a lambo and lifetime of maintenance/insurance! but then again, that would be a "Fuck You x 4" Status

How to lose money in a bull market? By not being in it!

[cygan]

Shoutout to @McDonalds for potentially marking the #Bitcoin bottom!!! 😂

https://twitter.com/MatthewHyland_/status/1489581767845629966

[ChartBuddy]

Explanation

[Subbir]

Tbh 1-2 days sick but today almost nothing anymore …. I expect tomorrow running will be an option, full Crossfit later next week…

I hope you came back strongly with short time pray it...


Image source: https://www.freepik.com/free-photo/silhouette-girl-praying-beautiful-sky-background_3952183.htm#query=learning%20pray&position=5&from_view=keyword

Shoutout to @McDonalds for potentially marking the #Bitcoin bottom!!! 😂

https://twitter.com/MatthewHyland_/status/1489581767845629966

I'm not sure but the market moving back to see 2018 same style so just need to waith and see what is next....