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Question: Coronavirus & quarantine & effect on BTC Difficulty. How Bad/Likely?
Flat Difficulty! Quarantine! NO workforce! - 3 (10.3%)
Rise Difficulty! ASIC data halls getworkers priority! - 5 (17.2%)
No Effect. Continued Difficulty Rise! - 17 (58.6%)
Worst of both. Drop Dificulty with Halving! - 1 (3.4%)
No Idea! Too muddied! - 3 (10.3%)
Total Voters: 29

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Author Topic: Coronavirus & quarantine & effect on BTC Difficulty. How Bad/Likely? Poll!  (Read 570 times)
Searing (OP)
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March 06, 2020, 04:20:26 AM
 #41

people who can afford to stay home will..those who can't, not work, will work and get sick...sucks...and more people in the USA will declare bankruptcy because of this and health bills as well

to add on to this...because some of the effects of this coronavirus can have lasting effects especially on those with pre-existing conditions...oh and the Trump Administration is saying that

medicare and such and private insurance may not cover the virus and/or the complications.

https://www.businessinsider.com/trump-administration-says-it-might-not-cover-all-coronavirus-healthcare-2020-3

cost extra to get tested

https://thehill.com/policy/healthcare/public-global-health/486146-coronavirus-testing-could-cost-some-patients-extra

sh*t what a cluster


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
bbc.reporter
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March 07, 2020, 01:25:06 AM
 #42

I reckon they should use bitcoin to fix this hehehe. They will hit 2 birds with 1 stone. They can report more than healthy electricity consumption and activity, however, they can also produce bitcoins as grounds for the fraudulent behavior hehehehe.



Local companies and officials are fraudulently boosting electricity consumption and other metrics in order to meet tough new back-to-work targets as the spread of the new coronavirus in China wanes, a Caixin investigation has found.

Leaving lights and air conditioners on all day in empty offices, turning on equipment, faking staff rosters and even coaching factory workers to deceive inspectors are just some of the ways companies fabricate rosy statistics for local governments to report up the chain.


Read in full https://asia.nikkei.com/Spotlight/Caixin/Lights-go-on-but-no-one-goes-to-work

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Searing (OP)
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March 07, 2020, 02:49:03 AM
 #43

I reckon they should use bitcoin to fix this hehehe. They will hit 2 birds with 1 stone. They can report more than healthy electricity consumption and activity, however, they can also produce bitcoins as grounds for the fraudulent behavior hehehehe.

Local companies and officials are fraudulently boosting electricity consumption and other metrics in order to meet tough new back-to-work targets as the spread of the new coronavirus in China wanes, a Caixin investigation has found.

Leaving lights and air conditioners on all day in empty offices, turning on equipment, faking staff rosters and even coaching factory workers to deceive inspectors are just some of the ways companies fabricate rosy statistics for local governments to report up the chain.


Read in full https://asia.nikkei.com/Spotlight/Caixin/Lights-go-on-but-no-one-goes-to-work

the catch is if the infection rate is 3x that of the flu...and 10x more serious than the flu...and the experts say 40% to 60% will catch this worldwide.



Well, that will be IMHO, much higher in cities, even cities of say 5K or above in the USA as an example.

Add to all the 'fun facts' above, that it will take up to 1 to 1.5 years for a vaccine...a person has to wonder whether those who get it at the 'beginning' of this Pandemic

won't have better medical care and such, before every 4th person out of 10 people you see on the street is contagious.



Even if (as I hope) this virus is milder, as they also say 80% recover. Who wants to get something that is a cross between a hard flu sickness and lung congestion/Pneumonia!

This would suck and put you down for 2 weeks to a month, even if 'indeed' 80% recover, no matter how 'crummy' this scenario is.

So with my above facts, what do people really think if 40% of folk who work in this country..simply can't for 2 weeks to a month, due to being ill with these

flu/pneumonia symptoms...will do to the economy. This could be economically and health-wise almost as bad as the sickness itself for most people, in their lost

wages and medical expenses in the USA. Again, if above had 'some' truth to this and it really does take up to 1 to 1.5 years for a vaccinee.

Hate to say the sky is falling, but get your sh*t together, the current Trump Administration, IMHO, certainly does not seem to be on the ball! Sad

Brad

Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
figmentofmyass
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March 07, 2020, 10:17:29 AM
 #44

the catch is if the infection rate is 3x that of the flu...and 10x more serious than the flu...and the experts say 40% to 60% will catch this worldwide.

i assume you're referring to that harvard epidemiologist? he apparently revised that down and doesn't seem too sure of himself:

Quote
Lipsitch has since revised that estimate downward and with a greater range: He now estimates it’s “plausible” that 20 to 60 percent of adults will catch the disease.

https://www.vox.com/science-and-health/2020/3/6/21161234/coronavirus-covid-19-science-outbreak-ends-endemic-vaccine

i've seen much lower estimates too. it's obviously hard to speak about any of this stuff with certainty.

as for BTC difficulty, no obvious effects yet. the last few adjustments:

Quote
+ 4.67 %
+ 0.52 %
- 0.38 %    
Next Difficulty Estimated + 5.65%

https://btc.com/stats/diff

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