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

[Arriemoller]

But we do know what IQ is.  https://en.wikipedia.org/wiki/Intelligence_quotient

My IQ was properly measured when I was a youngling at 160. I spend most of my days staring at a bush and worrying about my next visit to the toilet. The only thing IQ indicates is the ability to pass IQ tests.

Dude 160 is not 'young'. Gosh

LOL, literally.

[1715011518]

1715011518

[practicaldreamer]

The higher IQ a given group of people has the higher their monetary value on average.

Well, all things being equal, that would appear to be fair enough - with one big proviso - the IQ measure is valid and reliable. And not, for eg., a pleasing reflection in a mirror of your own choosing. I'm not convinced either way TBH.

We all would kind of like to believe (in a meritocratic kind of a way) that the cream rises to the top - its the whole ideological bedrock of western civilisation. Just doesn't ring true to me.

Even if it were true, it would show to us one clear truth - IQ does not equal moral value.

Hence, jews and banks.

And I suppose the question would be - which came first ? The high score in the (almost) arbitrary intelligence test, or the money ?

If you wanted an armchair psychological answer, then it is simply the ability to thrive in the world.

Agreed - or put another way, the ability to adapt, in evolutionary terms, to a given environment. How can that be reliably measured though ? And who would do the measuring ?
 And its not as straightforward as having money. Far from it.

But we do know what IQ is.  https://en.wikipedia.org/wiki/Intelligence_quotient

Thats arbitrary. What I mean is, any other criteria could be used and said to be the correct and valid measure (as it often has been and even today is) of intelligence. Who is to say whats correct ? Thats the question.

[Ibian]

But we do know what IQ is.  https://en.wikipedia.org/wiki/Intelligence_quotient

My IQ was properly measured when I was a youngling at 160. I spend most of my days staring at a bush and worrying about my next visit to the toilet. The only thing IQ indicates is the ability to pass IQ tests.

Unfortunately, there seems to be a correlation between logical and emotional thinking. The more intelligent, the worse at socializing and generally getting along in life. This is why dumb people always seem so happy, they make up for their intellectual deficiencies by having a lot of social relationships, and of course by not knowing how little they know which is a sort of blessing in itself.

From a certain perspective, high IQ means high potential. But potential needs to be realized to be useful, and dumb people simply have a much lower bar to a functional life within their limits. Get your life sorted.

[Ibian]

IQ does not equal moral value.

And how do you define moral value?

It is never a good idea to use terms you do not understand.

If you wanted an armchair psychological answer, then it is simply the ability to thrive in the world.

Agreed - or put another way, the ability to adapt, in evolutionary terms, to a given environment. How can that be reliably measured though ? And who would do the measuring ?
 And its not as straightforward as having money. Far from it.

IQ tests, at least the kind that mensa uses, is simply pattern recognition. And that may very well be it. We do something, and it either works or doesn't, and we either recognize what happened and adjust our pattern of behavior, or not. But that's really just a guess.

[gentlemand]

There is a strong correlation between high IQ and wealth.

I don't see how all humans from all cultures could score the same unless they were all trained to process in the same way too. As IQs are rising generation by generation then it must be a cultural thing rather than a biological thing. You don't evolve more intelligence in one generation.

From a certain perspective, high IQ means high potential. But potential needs to be realized to be useful, and dumb people simply have a much lower bar to a functional life within their limits. Get your life sorted.

Yes. The most intelligent person I've known by far spent her days paralysed with inertia on a couch. Three first degrees didn't seem to bring any success, or rather any interest in pursuing it.

And my life is fine. I'm off to test out a new toilet somewhere interesting tomorrow.

[rjclarke2000]

There is a strong correlation between high IQ and wealth.

I don't see how all humans from all cultures could score the same unless they were all trained to process in the same way too. As IQs are rising generation by generation then it must be a cultural thing rather than a biological thing. You don't evolve more intelligence in one generation.

If the IQ test was for funny comments you'd be right up there gentlemand.

You come out with some corkers

[practicaldreamer]

IQ does not equal moral value.

And how do you define moral value?

It is never a good idea to use terms you do not understand.

Tell you what - you define intelligence (but it has to be something other than who owns the most bitcoins/$/land/oil cos thats a non starter) and maybe I'll have a go at defining moral value  

[Torque]

Wow, so many high IQ people on this thread that want to prolifically opine on what IQ is or how it does/doesn't have value.

But not one with the insight to have any clue where this Bitcoin market is going, or why. 

[practicaldreamer]

IQ tests, at least the kind that mensa uses, is simply pattern recognition. And that may very well be it. We do something, and it either works or doesn't, and we either recognize what happened or not. But that's really just a guess.

The streets are full of trustworthy and diligent functionaries - but so few practical dreamers.

[Ibian]

IQ does not equal moral value.

And how do you define moral value?

It is never a good idea to use terms you do not understand.

Tell you what - you define intelligence (but it has to be something other than who owns the most bitcoins/$/land/oil cos thats a non starter) and maybe I'll have a go at defining moral value  

I don't know. There you go.

[Ibian]

Wow, so many high IQ people on this thread that want to prolifically opine on what IQ is or how it does/doesn't have value.

But not one with the insight to have any clue where this Bitcoin market is going, or why. 

Up. Because. You are welcome.

[practicaldreamer]

But not one with the insight to have any clue where this Bitcoin market is going, or why. 

Its going above $5k before the year is out.

ps. do you know what my forecast was at the beginning of the year ? $1500 or thereabouts. WTF do I know.

I don't know.

Neither do I buddy.

[aesma]

http://www.businessinsider.com/bitcoin-price-nvidia-advanced-micro-devices-hedge-funds-2017-8

This article writer seems to suggest that Bitcoin mining rigs have chips in them from nVidia and AMD.

Is that true? I thought Chinese mining ASIC rigs had something else.

No it's wrong. I don't think BTC was ever mined using GPUs.

LTC however yes, and ETC/ETH.

The ETH bubble until June cause a shortage of GPUs and helped both AMD and nvidia financially.

I need to inform you that back n the early days that was THE ONLY way to mine BTC ( and CPU also )

HODL your BTC !!! we are going higher from here

I knew about CPU mining of course, I missed the part about GPUs. I came to the game by GPU mining LTC in 2013, at that time BTC was only with dedicated hardware. My GPUs from the end of 2013 (AMD 290) are still worth something and can mine ETH with some profit, while BTC miners of the time are hopelessely outdated.

[Arriemoller]

There is a strong correlation between high IQ and wealth.

I don't see how all humans from all cultures could score the same unless they were all trained to process in the same way too. As IQs are rising generation by generation then it must be a cultural thing rather than a biological thing. You don't evolve more intelligence in one generation.  

Yes, the average IQ is rising, it's called the "flynn effect" after the guy who first noticed it.
It seems however that the rise is not due to more intelligent people in the population, nor a general rise in the population as a whole, bur rather that fewer dumb people are born, and thereby rising the average.

https://en.wikipedia.org/wiki/Flynn_effect

[conspirosphere.tk]

Wow, so many high IQ people on this thread that want to prolifically opine on what IQ is or how it does/doesn't have value.

But not one with the insight to have any clue where this Bitcoin market is going, or why. 

Ask the joos.

[Ibian]

There is a strong correlation between high IQ and wealth.

I don't see how all humans from all cultures could score the same unless they were all trained to process in the same way too. As IQs are rising generation by generation then it must be a cultural thing rather than a biological thing. You don't evolve more intelligence in one generation.  

Yes, the average IQ is rising, it's called the "flynn effect" after the guy who first noticed it.
It seems however that the rise is not due to more intelligent people in the population, nor a general rise in the population as a whole, bur rather that fewer dumb people are born, and thereby rising the average.

https://en.wikipedia.org/wiki/Flynn_effect

Nutrition and a general knowledge of DONT SMOKE DONT DRINK WHEN PREGNANT probably helps, sure. But part of the answer is probably also grade inflation. Schools have to deal out grades to students who don't deserve it or they lose funding and people get fired, and so on. All the usual socialist bullshit.

[aesma]

Hence, jews and banks.

"Jews and banks" is thanks to Christians. Dealing with money being dirty, Christians shouldn't do it. Meanwhile Jews were banned from many jobs, but not this one.

[Torque]

I traded a little bit of BCH yesterday @ 0.059 BTC.

Today it is @ 0.11 BTC.

KHAAAAN!!!!!!  

[gentlemand]

Nutrition and a general knowledge of DONT SMOKE DONT DRINK WHEN PREGNANT probably helps, sure. But part of the answer is probably also grade inflation. Schools have to deal out grades to students who don't deserve it or they lose funding and people get fired, and so on. All the usual socialist bullshit.

Have IQ test themselves gotten easier?

Anyway, I think you're probably on to something with nutrition. That's a biggie.

I have my planet-sized brain despite being exclusively fed undercooked chicken kiev and microwaved roast dinners throughout my formative years.

These days I take it seriously and I get through three of these a day.



Straight out the can.

[aesma]

IQ shouldn't raise by definition since 100 is always the average. Tests have to be adjusted regularly but that doesn't mean people are outsmarting them, rather what is taught, what is experienced, makes some tests easier. Fidgeting smartphones make people better at some things. Meanwhile grammar levels are skydiving but IQ doesn't measure that.