Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
lightfoot
on 12/06/2021, 20:32:44 UTC
And every once in awhile we have to explain to people that yes statistics work, yes the vaccines are damn effective, and the number of people who will die from COVID at this bitcoin conference is a simple function of the (number of people-number of vaccinated people) times the infection factor times the 2-3% death rate. It's as basic as that.

There's a demographic component to the death rate that you've failed to account for unless this is a Bitcoin conference for geriatrics. Also people who have either natural or acquired immunity and (in the other direction) those who get infected even with the vaccine.

This news item is simply Bitcoin FUD to go along with all the other Bitcoin FUD that's floating around at the moment.

Perhaps, however this is bullish FUD: As HOLDers die, their coins are locked up forever. Less coins circulating=higher prices for the rest of us!