/biz/ - Business & Finance

Well...China being in lock down and since they produce a lot of shit....their economy is going to tank...how will this effect BTC?

your schizophrenia isnt cute, its annoying

>>17072342
also mention the negative test results for infected people without symptoms.

buy gold and bitcoin, short oil and stonks

>>17072342
Shorts

>>17072354

Nothing he said is false. This is going to be long and painful.

>>17072354
Have you read the first four lines of my post? How could you possibly ignore these facts? I'm not a conspiracy theorist, I'm simply interpreting the data we are presented with.
There's no common sense in this debate, everyone either thinks Corona is as harmless as the common flu and pumped up by the media OR some kind of SuperHyperAIDS that going to kill us all deployed by [personal boogeyman].
Why won't people just look at the data, it's right there!

>>17072342
No one cares

>>17072512
Why, specifically?
Do you believe this data is incorrect or do you believe no /biz/ related opportunities will arise from it?

>>17072342
MRNA INO DYOR

https://markets.businessinsider.com/news/stocks/coronavirus-vaccine-pharmaceutical-company-stocks-surging-developing-wuhan-virus-markets-2020-1-1028847607#1-inovio-pharmaceuticals1

>>17072342
Invest in 3M. Actually, it's probably a couple of weeks too late by now. They must have been making a killing with all of the masks and respirators they're selling.

who fucking cares, the flu is unironically worse and has literally killed more than 2000 times as many people this flu season

>>17072354
So, what he said isn't necessarily false. If he said that this was going to be some deadly pandemic then you could yeet his opinion into the trash and dab on him; you know, whatever you zoomers are doing these days.

However, and follow me on this because this is where reading comprehension comes into play, he didn't say that.

What is likely going to happen with this virus is pretty significant but barely deadly. This thing is probably, due to its long incubation period and global spread, going to stick with us for a few decades and pop up like the cold and flu in a seasonal manner. We're gonna have to get yearly Corona vaccines and such. It won't be too deadly at all in my estimation, just another dumb constant.

>>17072342
>>17072500
The data is garbage. Consider how easily the CCP could be hiding infection or death numbers.

Result? You don't fucking know the mortality rates. There is no data until we have a couple weeks of a couple hundred non-Chinese (because of ACE2) people outside of China.

>>17074430

yeah china is tanking its economy and reputation over nothing

>>17074430
No its not, corona kills like 30x more people. If it starts going around like flu tens of millions will die minimum

>>17074453
One could assume that the CCP wont be rounding up their mortality numbers.

>>17074479
ebola, sars, mers, bird flu, whatever
this shit will be all but forgotten in a years time. are you 15?

>>17074509
That doesn't get you the important data though.

If mortality's 1%, it's flu tier. If it's 10%, it's SARS tier. And you can run the numbers how those two scenarios would have different market impacts.

Now your numerator (# of dead) is definitely higher than reported. But how much higher? Best estimates use crematoriums - estimates of their capacity, and scraps of reports that they're all running "24/7". Except none of the numbers beyond "Wuhan has 7 crematoria" are precise and there's footage of body bags left on the street - i.e. dead people that aren't in the cremation numbers.

But at the same time your denominator (# of infected) is also definitely higher than reported and in a more unknowable way. Asymptomatics, people with normal symptoms, people who never get around to seeing a doctor, people who are never tested, people who test positive and die, and people who die before their test results come back should all be added together. There literally aren't enough test kits to establish that shit, even without the friction between citizens, the local government, and the central government.

>>17072342
Start by shorting China. Long American labor. Assuming it doesn't become a massive happening stateside.

>>17074446
Says the anon poster

>>17074563
2019_nCoV is an R0 of 4.08

>>17074627
Fuck you, we are all anonymous here. Anyone posting with a trip code doesn't understand what this place is about.

>>17072342
Sell call spreads or buy puts on FXI, AAPL, BABA, QQQ etc.

>>17072342
Chinese Aids you catch by breathing instead of sex

>>17072354
Your glow isn’t cute it’s annoying

>>17072342
R=0 over 2 is high enough for this to be a pandemic given the 5+ day incubation period during which it is contagious - impossible to contain as there’s no simple screening measure

With SARS temp checks at airports worked as people were only contagious once the infection was active and causing fevers and symptoms.

One thing to keep in mind - coronaviruses are RNA based and mutate easily. There’s a good chance whilst it may stay highly virulent, the severity of symptoms may decline - a virus evolves to spread and propagate, not to kill. That’s the best case scenario.

>>17074969
T. Doctor

https://m.youtube.com/watch?v=kKp25NXy73w

Chill out lads its a gonna be fine literally less than a flu. You schizos arent under 6 years old or over 65 yall are fine.

>>17074605
We all know this, but thanks.

>>17074922
Checked
>Tfw game over

>>17074981
This guy is a huge queer
I couldn't take him seriously at all with his peppy YouTube cadence and fag glasses. Not gonna listen to some Redditor with no self-preservation instincts and take it as truth, comes across as a huge midwit

>>17072342
>2-5% mortality
Better pump those numbers if we want a real crisis. Those are rookie numbers

>>17075383
those numbers are not true dummy

>>17075404
This

8000 people died of the flu this month in the US alone.

>>17075521
ok
are you in flu quarantine
how many people did die in china from common flu

why would the chinks that don't give a fuck about anything bother

>>17075544
No.
Certainly more people died from the flu than from coronavirus in China.
Because I he coronavirus is new and we don't know what to expect.

>>17075568
take a look at corona chan
and lick her feet
do you understand the problem
you don't know the data, you do know that people are under the biggest quarantine in human history for nothing right

mandated in the country that literally does not give a fuck

I hope the virus kills you

>>17075581
LMAO
I'm old enough to remember:
>The avian flu
>Sars
>The mad cow disease
>Anthrax
It's always the same panic and literally nothing happens in the end. Meanwhile the flu silently kills millions every year. Not to mention malaria. You're wasting your time watching the news. Try to get some dopamine from other sources. And may what you wished for me happen to you 100x (yes, you're cursed now).

>>17075641
all of that combined was literally nothing

>>17074430
>>17075521
>the flu has killed more people.
The flu has a 0.002% mortality rate.
The flu has a incubation period of a couple days.

If corona gets out of control yes, you will probably be fine unless you're old, young or sick, but your old young or sick friends/family members won't be.

>>17075641
He really has a winning smile.

>>17072342

We sell face masks

>>17072354
So the CCP discovered /biz/
We've been dealing with them for a week.

>>17074605
Too autistic.
It's correct but you're not factoring in people's panic even if it does turn out to have a 1% mortality rate. (It's more like 3-5% minimum let's be real.)

>>17075672
>If corona gets out of control yes, you will probably be fine unless you're old, young or sick, but your old young or sick friends/family members won't be
>but your old young or sick friends won't be
>friends

So, I'll be fine?

>>17075641
>I didn't die
>nothing happened at all
>N=1

>>17074981
>literally less than a flu.
Longer incubation period.
Higher R0 value.
Higher mortality.

Yeah nah, fuck off mate.

>>17075901
All those diseases I listed were portrayed by the media as the next global pandemic. People got prepared for the zombie apocalypse but literally nothing happened.

>>17075383
5% mortality is enough if 100 million get it = 5 million dead. And if that happens in a couple months, it's comparable to living in a war zone. As a matter of fact, I'd rather be shelled by artillery for a week in Idlib, than be in Wuhan right now, the odds of survival actually are more favourable in Idlib.

>>17072342
It already stabilised you doomer cunt.

>>17076033
2-5% mortality rate is not dooming. It is not going to be the end of the world. Just some things might or might not change in the process. Including a thousand million lives, but that's not too much in global scale.

>>17074563
China didn’t literally close its doors for any of those faggot

>>17074392
the stock is down actually

>>17076070
so buy the dip and be happy, no a biggie

>>17073334
They've already PnD'd after the market realized again there is no money in virus vaccines. They really aren't even effective, which is why the Ebola vaccine died amid financial ruin, or the sars vaccine, or the bird flu vaccine, I mean I could go on.

>>17074392
and yet the stock hasnt reacted at all

>>17076172
>>17076334
I'm not a stonks guy, how the hell can they be dipping at a time like this?

>>17076363
Apparently selling 50 million masks for a dollar a piece can't reverse the downward trend on a company that sells 10000s of products...

>>17076070
>1000 million

>>17076033
This site updates best in the evening EST/PST and then check in again and tell us if it has stabilized :)

I bet you the Wuhan Virus that it has not yet!

>>17076783
Yeah, the Japanese fucked with my head there. Meant just around 100+ million dead.

sounds like population control, since the 1 child policy couldnt help with that

>China can't deal with the outbreak
>Build hospital in ten days

>>17076839
>keeps killer virus secret for over a month
>than pulls of a massive shill letting drones film how they put some containers together and call it a hospital

>>17075671
That's a man

>>17072342

What incubation, retard. RNA viruses does not work this way

Fucking imbeciles

Was thinking about shorting alibaba in a couple weeks if China’s still being locked down

>>17072460
>nothing he said is false
OP is predicting the future, retard. There is no wrong or false, when predicting the future. Only more and less probable scenarios. You must be a linkie.

>>17072354

Bought APT, Lake, and NDAQ. They are risk in that order. APT makes face masks. Lake makes suits. And Nasdaq Inc is gonna benefit from all the volatility from the increased trading.

>>17072342
I hope TSLA will dip so I can get in.

>>17076973
It takes 10-14 days for the patient to develop symptoms, but he can infect others much earlier. If that is not what incubation time refers to then I used the wrong terminology, but the effect stays the same. How do you effectively screen for infected that don't display symptoms?