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

[billyjoeallen]

people like billyjoe should be institutionalized!

The Soviets put people who didn't agree with them in mental hospitals. Evil people can't handle the cognitive dissonance.

[NotHatinJustTrollin]

Good stuff™

[billyjoeallen]

Some absolute crap getting discussed today on here.

Take it to off topic.

The chart is boring, but if you have something interesting and relevant to say, I'm listening. Actually, I'm listening anyways because...the chart is boring.

[NotLambchop]

...Evil people can't handle the cognitive dissonance.

You seem to be doing just fine, no?

[JorgeStolfi]

Women's brains are different. They have less grey matter and more connective tissue. So do psychopaths.

"Connective tissue" is relatively inert material that holds cells and organs together.  White matter is not connective tissue, it is mainly the wires (axons) that transmit signals between neurons located in different parts of the grey matter.  So, if women really have more white matter, one could argue that their neurons have more connections, and they are better able to integrate disparate clues etc.

A bigger brain does not mean more neurons.  If the brain is 5% smaller, perhaps the neurons are 5% smaller on average.  Smaller neurons may be slighlty more sensitive to disturbances like starvation, fever, and alcohol, but on the other hand (as in integrated circuits) they may be somewhat faster, both because they take less time to "charge" and because the connecting axons are shorter.

However, the idea that size or shape of the brain are related to "intellectual ability" (whatever that means) is just barstool science.  "Men have higher gray to white ratio than women, and men are more intelligent, therefore higher G/W implies intelligence, therefore men are more intelligent than women."

I don't know whether women are more intelligent than men, but they do seem to be more sensible.  Perhaps because men have this urge to do stupid things in order to impress women. "Look at me, what I am doing may be totally stupid, but it shows that I am strong and nimble and can endure hardship; so please have some of my DNA, which carries these traits but does not carry my stupidity (unless you are unlucky and get my Y chromosome together with the rest)."

In particular, I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

[billyjoeallen]

I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

bitcoin or computer science or engineering or any of the stuff that separates us from primitive subsistence-level savages.

You gotta love these feminist women complaining about male oppression, living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

[NotHatinJustTrollin]

In particular, I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

The bitcoin phenomenon today is a combination of naked greed, selfishness, delusions of grandeur, sense of entitlement, narcissism, extreme idiocy and sociopathic scam-prone behavior/thinking patterns.

Definitely not a coincidence.

[NotLambchop]

...
You gotta love these feminist women complaining about male oppression, living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

Let me get this straight, you talk on a phone that you've invented & drive in a car of your own design?  Or ...are you just a redneck hick fireman who can't get his dick wet?

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

bitcoin or computer science or engineering or any of the stuff that separates us from primitive subsistence-level savages.

When the first computer science courses opened in Brazil, women were often more that half of the students, and the brightest students were often women.  Over the years the proportion has dropped to the same level as in electrical and civil engineering, that is 5--10% or maybe less.

We had endless debates about why women don't apply to computer science anymore, with no conclusions.  It is not because computer science is "difficult". It is actually one of the professions where even dumb people can succeed.  There are plenty of women in medicine, chemistry, mathematics -- where you really need a functioning brain to work.  I taught intro computing to chemical engineering freshmen last semester, and to my surprise the class was again half women, and again some of the best students were women.

It must be some subtle thing in the popular image of the computer professional.  Perhaps the idea that he is an antisocial nerd who hardly leaves his mom's basement --- a way of life which may appeal to many adolescent men, but not to adolescent women.

women [ ... ] living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

And you still think that men are more intelligent than women? 

[thezerg]

Some absolute crap getting discussed today on here.

Take it to off topic.

I agree.  Is this garbage what we want the newbies who just watched that CNN special to read when they hit bitcointalk and look at active threads?

I understand that there's a fine line between trolling and a completely valid bearish perspective.  So it is not right to moderate on-topic bearish posts.  But the trash I'm reading today is not the image we want to present to new bitcoiners.  Letting it stay here is a bad idea if you care about Bitcoin, even if you care but happen to be short today.

So I'm here posting on this thread to ask other bitcoiners to en-masse ask the moderators to start monitoring this thread until the off-topic trolling -- in fact all the off topic posting -- goes somewhere else. 

Please reply to this post if you agree!!!   Drown out the garbage posts with replies so the trolls see how little we appreciate their off-topic "contributions".

And also start clicking the "report to moderator" link on off-topic posts to this thread.

thanks,
theZerg

[ElectricMucus]

Misogyny, Libertarianism and Bitcoin the trinity of Neckbeard.

[dieselmeister]

...
You gotta love these feminist women complaining about male oppression, living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

Let me get this straight, you talk on a phone that you've invented & drive in a car of your own design?  Or ...are you just a redneck hick fireman who can't get his dick wet?

Not to mention, that he build his car and his house with his bare hands. Build his computer and programmed the operating system and the browser to illuminate us with his wonderful mind of a stupid, dickless and lowminded psychopath.

*-*

[gentlemand]

I agree.  Is this garbage what we want the newbies who just watched that CNN special to read when they hit bitcointalk and look at active threads?

I understand that there's a fine line between trolling and a completely valid bearish perspective.  So it is not right to moderate on-topic bearish posts.  But the trash I'm reading today is not the image we want to present to new bitcoiners.  Letting it stay here is a bad idea if you care about Bitcoin, even if you care but happen to be short today.

So I'm here posting on this thread to ask other bitcoiners to en-masse ask the moderators to start monitoring this thread until the off-topic trolling -- in fact all the off topic posting -- goes somewhere else. 

Please reply to this post if you agree!!!   Drown out the garbage posts with replies so the trolls see how little we appreciate their off-topic "contributions".

And also start clicking the "report to moderator" link on off-topic posts to this thread.

thanks,
theZerg

It's a fine idea but maybe this thread should remain a cesspit with proper discussion happening elsewhere. Either way it would be nice to have some type of moderation.

[thezerg]

I agree.  Is this garbage what we want the newbies who just watched that CNN special to read when they hit bitcointalk and look at active threads?

I understand that there's a fine line between trolling and a completely valid bearish perspective.  So it is not right to moderate on-topic bearish posts.  But the trash I'm reading today is not the image we want to present to new bitcoiners.  Letting it stay here is a bad idea if you care about Bitcoin, even if you care but happen to be short today.

So I'm here posting on this thread to ask other bitcoiners to en-masse ask the moderators to start monitoring this thread until the off-topic trolling -- in fact all the off topic posting -- goes somewhere else. 

Please reply to this post if you agree!!!   Drown out the garbage posts with replies so the trolls see how little we appreciate their off-topic "contributions".

And also start clicking the "report to moderator" link on off-topic posts to this thread.

thanks,
theZerg

It's a fine idea but maybe this thread should remain a cesspit with proper discussion happening elsewhere. Either way it would be nice to have some type of moderation.

No.  We don't need to provide a cesspit under the name "bitcoin".  Let them post their views on women and whatever else on some other forum.

[Odalv]

If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.

Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.

Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day.  

There is more belief of short traders and options sellers using leverage.

BTC3600 is not that much   that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.

But some relief will come in 18months

Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000  / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day

$850,000 / 136,000 new adopers =  $6.25 per new person

[hdbuck]

If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.

Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.

Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day. 

There is more belief of short traders and options sellers using leverage.

BTC3600 is not that much  that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.

But some relief will come in 18months

Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000  / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day

$850,000 / 136,000 new adopers =  $6.25 per new person

lol

[JorgeStolfi]

We don't need to provide a cesspit under the name "bitcoin".  Let them post their views on women and whatever else on some other forum.

Women are half the world's population and major retail consumers.  Bitcoiners should give some attention to them too. 

[Odalv]

If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.

Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.

Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day. 

There is more belief of short traders and options sellers using leverage.

BTC3600 is not that much  that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.

But some relief will come in 18months

Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000  / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day

$850,000 / 136,000 new adopers =  $6.25 per new person

lol

Check reality. Price is $230+ and rising. :-)

[julian071]

In particular, I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

The bitcoin phenomenon today is a combination of naked greed, selfishness, delusions of grandeur, sense of entitlement, narcissism, extreme idiocy and sociopathic scam-prone behavior/thinking patterns.

Definitely not a coincidence.

This post is so good I just had to quote it. Sure, it should be in the 'meta' section, but still.