Peanutswar (OP)
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April 05, 2020, 02:00:12 PM |
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Good day everyone I would like you to become more aware because today the pandemic virus that is the coronavirus or the COVID-19 are still active and some of the people I know is holding bitcoin than buying a lot of foods, mask, and alcohol to protect their selves and just a friendly reminder don't be scared to sell your cryptocurrency than sacrifice your self and not buy protective equipment because you can earn this soon but if you got infected and not get cure immediately you cannot earn that again still it is better to keep safe than focusing to earning in crypto. Also, stop hoarding as much as possible because it is better to give to others to protect themselves too. Just a friendly reminder don't hesitate to save yourselves and family to this virus.
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jackg
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April 05, 2020, 02:28:35 PM |
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If your time to prepare is the time for action, I think you should really consider that... If possible, you should already have had a month's supply of food just in case (I.e. A sudden famine would mean you have at least 4 months of food).
Most masks you see will do very little for the coronavirus. My thread seemed to bring on a discussion of how ffp3s offer some good protection but still aren't a full barrier against the disease...
Social distance with at least 4 metres where possible, go outside for at least 2 hours every day on your own private land or 1 hour for a walk if you can maintain social distancing (and it's legally permissable where you are). Don't eat too much or too little and do at least 20 minutes of exercise or 6 minutes of hiit throughout the day and aim for 8+ hours sleep every night (or your average +1)...
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BIT-BENDER
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April 05, 2020, 02:43:06 PM |
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Are you advising people to sell of there assets because of the period. Yes we need to take protective precautions and get protective equipment but some of this equipment doesn't cost a fortune and some government has made it readily available.
As you thinking of the present pandemic you also think of the aftermath of it as well. And beside top personality who had first hand knowledge of it still got it and am sure some bought those item.
The cheapest and safest way to prevent the virus is to wash your hand with soap for about 20seconds and stay at home
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Lucius
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April 05, 2020, 03:19:00 PM |
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Most masks you see will do very little for the coronavirus. My thread seemed to bring on a discussion of how ffp3s offer some good protection but still aren't a full barrier against the disease...
There is no big difference between FFP2 and FFP3, because it is only a double or triple filter, with FFP2 you get minimum of 94% protection and with FFP3 you get 99% minimum filtration. However, it should be stressed that even if the mask provides 100% protection, it does not make sense if we do not have eye protection - because we can get infected through the mucous membrane of the eye, through infected hands or drip infection. Social distance with at least 4 metres where possible, go outside for at least 2 hours every day on your own private land or 1 hour for a walk if you can maintain social distancing (and it's legally permissable where you are).
2 meters is the recommended distance almost everywhere in the world, and WHO is say " Maintain at least 1 metre (3 feet) distance between yourself and anyone who is coughing or sneezing., so there is no need to exaggerate this advice by as much as 4 meters. It is also not advisable to go out at all, except for groceries or in some emergencies, any unnecessary walk is just a risk to yourself and others.
and some of the people I know is holding bitcoin than buying a lot of foods, mask, and alcohol to protect their selves and just a friendly reminder don't be scared to sell your cryptocurrency than sacrifice your self and not buy protective equipment...
I agree that it makes no sense to be in need of basic resources, and in the same time hold crypto. Health should come first, some people only realize it when they lose it, but by then it's too late.
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LbtalkL
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April 05, 2020, 03:30:29 PM |
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I guess that is the main reason for the recent crash of the cryptocurrency market not only crypto but including the stock market. People are selling their funds to buy some food and medical equipment, I guess some people abuse the crisis and buy a huge amount of medical supplies and sell it at a high price, I guess some are getting caught ended up in jail for this actions. Of course, the priority is our health because "Health is Wealth" No one will access or manage our funds if we don't put our health to safety.
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jackg
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April 05, 2020, 03:42:34 PM |
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There is no big difference between FFP2 and FFP3, because it is only a double or triple filter, with FFP2 you get minimum of 94% protection and with FFP3 you get 99% minimum filtration. However, it should be stressed that even if the mask provides 100% protection, it does not make sense if we do not have eye protection - because we can get infected through the mucous membrane of the eye, through infected hands or drip infection. Yeah the eye masks is a good point. Not only can the mucous and tears membrane spread it but the conjunctiva can also catch it (according to Australian ophthalmologists) - but I can't find the original source anywhere from them since us sources are topping the lists. My biology classes always taught that salive from a cough can travel up to 3 metres. People either underestimate or overestimate the 2 metre distance as is so you're better off sticking with 4 where you can... https://www.sciencefocus.com/the-human-body/how-far-do-coughs-and-sneezes-travel/ (concentration will reduce enough by 4 imo but if you want to do 6 or 8 then thsts fine as long as there's enough room). The suggestion of 2 metres is generally advised because a lot of corner shops in countries like the UK will only be able to fit 2 or 3 people in (or even just the one) if we go off 6 to 8 metres.... National advice is recommendation of a minimum.
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Coyster
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April 05, 2020, 04:07:14 PM |
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Also, stop hoarding as much as possible because it is better to give to others to protect themselves too. Just a friendly reminder don't hesitate to save yourselves and family to this virus.
Is it even possible that any person with no food and nothing to eat would still hold bitcoins and prefer to die of hunger, sanity would make it impossible for anyone to do that. It's a matter of commonsense to figure out that people still holding their bitcoins without selling any have more than enough fiat to take care of their daily needs as well as buy what is required to stay safe from the corona virus pandemic and many people are even donating bitcoins to help people in this time of difficulty, putting it to good use.
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Velkro
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April 05, 2020, 04:15:08 PM |
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I know is holding bitcoin than buying a lot of foods, mask, and alcohol to protect their selves and just a friendly reminder don't be scared to sell your cryptocurrency
I cant imagine there is someone like this in reality. Even if someone hodling 0.05 BTC he can sell 0.01 BTC and still own 0.04 BTC while buying masks, alcohol cleaning stuff and some food for family. This is not HODLING situation when you have bar of gold physically and cant divde it easy enough to use for daily needs. You can sell fraction of BTC to buy products needed.
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Lorokan
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April 05, 2020, 05:26:00 PM |
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Good day everyone I would like you to become more aware because today the pandemic virus that is the coronavirus or the COVID-19 are still active and some of the people I know is holding bitcoin than buying a lot of foods, mask, and alcohol to protect their selves and just a friendly reminder don't be scared to sell your cryptocurrency than sacrifice your self and not buy protective equipment because you can earn this soon but if you got infected and not get cure immediately you cannot earn that again still it is better to keep safe than focusing to earning in crypto. Also, stop hoarding as much as possible because it is better to give to others to protect themselves too. Just a friendly reminder don't hesitate to save yourselves and family to this virus.
From lessons, only people with lots of savings can invest during a pandemic or crisis. While people with littlest of savings will definitely get food to save theirself. But for me, either you buy or sell during the present state of the market, the most important is to stay safe until this pandemic is over
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KrisAlex18
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April 06, 2020, 01:24:01 AM |
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So it seems like you are saying that they sell their assets as of this current situation but I don't think that they will because the price of the bitcoin is not still high, as long as they have money on their own or a fiat currencies, they will not sell their coins with the lower price, they will keep holding it until the price of the bitcoin goes high.
But with thay even the price of the bitcoin is not still high, there are still some people who sell it to have protective equipment, foods, etc. that they will need in crisis.
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NavI_027
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April 06, 2020, 10:39:07 AM |
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Good day everyone I would like you to become more aware because today the pandemic virus that is the coronavirus or the COVID-19 are still active and some of the people I know is holding bitcoin than buying a lot of foods, mask, and alcohol to protect their selves
First of all, did you ask them first where they get the money they used for sustaining their daily needs? Maybe they have fiat savings that's why they remain preserving their coins. Who knows ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . You know what, no offense mate but managing their own money is not your business. Yeah you can give advice to them if you noticed that their way of tightening their belts is not on the proper place already but if you knew that they are eating 3x a day and living comfortably despite the pandemic then there's nothing to worry about. With regards of giving help to others, well that's right. Helping in these times could be a vital factor to ease the burden everyone feels due to the pandemic. However, such act of kindness must came right from the heart. You cannot push someone to do so because it should come naturally. Let's just hope those people who are wealthy feel compassion and help the needy ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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Annisa_crypto
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April 06, 2020, 12:35:23 PM |
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Good day everyone I would like you to become more aware because today the pandemic virus that is the coronavirus or the COVID-19 are still active and some of the people I know is holding bitcoin than buying a lot of foods, mask, and alcohol to protect their selves and just a friendly reminder don't be scared to sell your cryptocurrency than sacrifice your self and not buy protective equipment because you can earn this soon but if you got infected and not get cure immediately you cannot earn that again still it is better to keep safe than focusing to earning in crypto. Also, stop hoarding as much as possible because it is better to give to others to protect themselves too. Just a friendly reminder don't hesitate to save yourselves and family to this virus.
We all know this pandemic situation is very crucial for everyone, As you say we should help each other that's true but that doesn't mean we should sell all our cryptos. Just try to keep social distancing and avoid gathering to prevent any infections. May Jesus give strength to all of us to fight back against COVID-19.
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2double0
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April 06, 2020, 04:59:00 PM |
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It is good that you brought this initiative @OP, but I think hodlers gonna hodl no matter whatever happens and as I am aware of one another thing, the lockdown periods will have 5 days of cooldown period too each time a lockdown ends. I don't know how will people stop coming into this virus' trap during these 5 days. Packing up food for a month won't be enough as after this month, rates for vegetables will increase at various places due to many big markets remaining closed even during cooldown, so try stocking up more food for almost 2-3 months. I think many hodlers will have enough cash too to spend for their groceries, that's why we call them hodlers. They need to break their hodling cycle if they are a COVID-19 positive 'if you are charged with the expenses that the hospital bears'.
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BrewMaster
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April 06, 2020, 05:14:20 PM |
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My biology classes always taught that salive from a cough can travel up to 3 metres. People either underestimate or overestimate the 2 metre distance as is so you're better off sticking with 4 where you can...
the problem is that nobody knows that much about coronavirus yet. all these values are for all previous cases. for instance for Flu virus they say 3-4 distance meters is where the virus can travel when someone sneezes. but for this new virus the distance is unknown, some say it is 8-9 meters as it can travel through air.
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There is a FOMO brewing...
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jackg
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April 06, 2020, 05:24:02 PM |
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My biology classes always taught that salive from a cough can travel up to 3 metres. People either underestimate or overestimate the 2 metre distance as is so you're better off sticking with 4 where you can...
the problem is that nobody knows that much about coronavirus yet. all these values are for all previous cases. for instance for Flu virus they say 3-4 distance meters is where the virus can travel when someone sneezes. but for this new virus the distance is unknown, some say it is 8-9 meters as it can travel through air. It's bigger and rounder than the flu virus so it should really travel a shorter distance but these sorts of things havent been tested but it's known cough particulates cant travel further than 8 metres so I'd put the distance there. There have been reports that viruses have been able to travel across the Pacific on air currents high in the atmosphere... Whether these have actually happened or not isn't really that well known but viruses can generally get everywhere by blowing in the wind so I wouldn't even include it...
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LTU_btc
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April 06, 2020, 08:48:24 PM |
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I can't fully agree with you. This situation is serious, but I don't think that people have to panic like crazy. I really don't understand why people buying so much food like all shops will be closed tomorrow. You have to protect yourself, but it's plague, famine or war. And buying things for protection like face masks is important, but c'mon, it doesn't cost so expensive that you need to sacrifice your crypto savings. I understand some ocassions when you're forced to sell your crypto. If you lost job and don't fiat savings, you must to it to survive. But IMO, people always should preapre for a bad times and have some savings.
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coupable
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April 06, 2020, 11:47:39 PM |
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I can't fully agree with you. This situation is serious, but I don't think that people have to panic like crazy. I really don't understand why people buying so much food like all shops will be closed tomorrow. You have to protect yourself, but it's plague, famine or war. And buying things for protection like face masks is important, but c'mon, it doesn't cost so expensive that you need to sacrifice your crypto savings.
It's not mainly about surviving during quarantine so people spend more money to buy foods. It's maybe because of the lacks of foods providing. In real life, am a merchant selling foods elements spices. I can conclude how i have a lot of clients asking almost for everything when i have few products to sell because i can't reach product's providers due to crisis lock down. People would spent any value to store essential elements to survive, especially those not infected yet by the virus.
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Krislaw
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April 06, 2020, 11:50:18 PM |
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You can't tell or advise holders on what to do with the holdings. I'm sure most of them have enough fiat before deciding to own some cryptos for holding. It won't make sense to sell during this price crash and later regret selling off just because of what they want to eat. Protective kits are important but that doesn't mean you should sell of your assets because of panic.
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Rebisco
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April 07, 2020, 12:48:30 AM |
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I can't fully agree with you. This situation is serious, but I don't think that people have to panic like crazy. I really don't understand why people buying so much food like all shops will be closed tomorrow. You have to protect yourself, but it's plague, famine or war. And buying things for protection like face masks is important, but c'mon, it doesn't cost so expensive that you need to sacrifice your crypto savings. I understand some ocassions when you're forced to sell your crypto. If you lost job and don't fiat savings, you must to it to survive. But IMO, people always should preapre for a bad times and have some savings.
They are only buying in order for them to have extra food because there may be unexpected events that may happen. In my country where it is part of 3rd world country, there are many people who do not have food to eat and it is sad because all of them are just relying to the government aid. This crisis is not just a simple crisis we should see it as disaster so we should always be careful and be prepared to unexpected events that may happen.
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MarcAss
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April 07, 2020, 03:36:43 AM |
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So it seems like you are saying that they sell their assets as of this current situation but I don't think that they will because the price of the bitcoin is not still high, as long as they have money on their own or a fiat currencies, they will not sell their coins with the lower price, they will keep holding it until the price of the bitcoin goes high.
But with thay even the price of the bitcoin is not still high, there are still some people who sell it to have protective equipment, foods, etc. that they will need in crisis.
yes, this is what i did. I am reluctant to sell but i need money.
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