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

[Arriemoller]

Hi, BitPay cardholders,

Our prepaid card program issuer Wave Crest Holdings Limited recently announced that it will no longer be issuing or maintaining Visa® Prepaid Cards outside of the territory of Europe.

This unfortunately means that the BitPay Card will no longer be available or usable outside of the countries in the European territory. Existing BitPay Cards and other Visa Prepaid Cards registered to cardholders outside of the territory of Europe will be closed as of 15 October, 2017.

NUTS

You Europeans get all the luck, lolling about with your BitPay cards and your dreams.

Can anybody in the New World recommend a decent alternative?

Can't you New Worlders buy a gift card and use that to buy a prepaid card?

[1714491559]

1714491559

[1714491559]

1714491559

[jbreher]

Hi, BitPay cardholders,

Our prepaid card program issuer Wave Crest Holdings Limited recently announced that it will no longer be issuing or maintaining Visa® Prepaid Cards outside of the territory of Europe.

This unfortunately means that the BitPay Card will no longer be available or usable outside of the countries in the European territory. Existing BitPay Cards and other Visa Prepaid Cards registered to cardholders outside of the territory of Europe will be closed as of 15 October, 2017.

NUTS

You Europeans get all the luck, lolling about with your BitPay cards and your dreams.

Can anybody in the New World recommend a decent alternative?

shift.

[practicaldreamer]

I'm not sure I understand the fallacy of high IQ == successful

I bet if you did a survey test of the top 1% or even 0.1% of earners in the world, you'd find that the average IQ was at or below 100.

If anything, evil elite narcissist == successful

It's not that iq equals wealth, obviously anyone can luck into a rich dad. It's that iq equals the ability to generate wealth, on average. Which is why the jews own the banks and by extension the west, highest iq group in the world.

Social network effect + social confirmation bias + self fulfilling prophecy + Judaist cultural values lending themselves well to capitalism + various historical and cultural bias's regarding money lending/usury etc.

Not necessarily more intelligent, no matter what the IQ tests say.

The problem I have here Ibian is that you seem to be valuing 1) IQ  and 2) wealth acquisition as the measure of the man. Its neither.

I do however agree that immigration policy should be based around the potential value added to society that the individual might bring.

[BlindMayorBitcorn]

shift.

thx

[Last of the V8s]

Instead of racism and name calling, let's talk about bigger world issues.

... AI ...

AI died in the 70's. Basically computers can't er compute. Thus and therefore it's just a sideshow.
whole article and writer is good, but especially this comment https://scottlocklin.wordpress.com/2017/09/02/ai-and-the-human-informational-centipede/#comment-15530

[Arriemoller]

I'm not sure I understand the fallacy of high IQ == successful

I bet if you did a survey test of the top 1% or even 0.1% of earners in the world, you'd find that the average IQ was at or below 100. Or maybe 110 tops.

If anything, evil elite narcissist == successful

Not so fast. https://pumpkinperson.com/2016/02/11/the-incredible-correlation-between-iq-income/

[CristiTCM]

Anyone here from Romania?

[fluidjax]

It's neither racism nor bullshit, It's a well known fact that the IQ of the population of the world varies quite a bit. Even the BBC made a program about it, see for yourself. https://www.youtube.com/watch?v=5JLH9OKMnbU

If you watch the program, you will see its far more complex than it first appears. , IQ tests are biased toward western inteligence & education,  and societies racism suppresses achievement in non-whites. So, basically it is racism and it is bullshit.

How precisely can pattern recognition be biased towards anyone?

Recognition is subjective, which makes it clearly vulnerable to bias.

Gonna have to elaborate on that one.

"Recognition is subjective, which makes it clearly vulnerable to bias."

No, it says exactly what I mean, read it again, there is no elaboration needed, it clearly and precisely destroys your statement

[practicaldreamer]

The correlation between wealth, power and opportunity and income is much greater than that between intelligence and income.
Much greater.

[erre]

1) As an EU citizien, I can confirm that nobody will give a fuck if you stay in a different country than yours for an indeterminate amount of time inside shengen, you can make it without any visa and you will have not any problem for having a rent or whatever, so the 3 months rule could be even real, but it is not applicated and not knowed by the vast majority of citizens.

2) As a medic working with immigrants and low IQ's, I can confirm that pattern recognition tests (like raven's matrices) are considered culturally unbiased, and i'm aware of many studies showing a correletion between high IQ and "success". It's  just a statistical effect, of course we can have a lot of intelligent "unsucessful" people and many "successful" morons, but it's very clear. Also the correlation beetween an IQ test and "real intelligence is just a statistical effect, but again a very clear effect.

In other words if you score good in an IQ test you are likely to not being stupid, and if you are not stupid you are likely to be more successful in the things you do.

And if you are an EU citizen and you stay inside Shengen you are likely to be kept in peace by immigration authorities.

[bitcoinPsycho]

https://imgur.com/gallery/dIUSh

[Torque]

I'm not sure I understand the fallacy of high IQ == successful

I bet if you did a survey test of the top 1% or even 0.1% of earners in the world, you'd find that the average IQ was at or below 100. Or maybe 110 tops.

If anything, evil elite narcissist == successful

Not so fast. https://pumpkinperson.com/2016/02/11/the-incredible-correlation-between-iq-income/

I would agree that higher IQ == greater potential for success. That's a pretty obvious conclusion.

However, every millionaire boss that I've had in my life was cognitively dumber than a box of rocks. And pretty ignorant of worldly things. But they were narcissistic snobs and somewhat evil. So there's that.  

[Arriemoller]

It's neither racism nor bullshit, It's a well known fact that the IQ of the population of the world varies quite a bit. Even the BBC made a program about it, see for yourself. https://www.youtube.com/watch?v=5JLH9OKMnbU

If you watch the program, you will see its far more complex than it first appears. , IQ tests are biased toward western inteligence & education,  and societies racism suppresses achievement in non-whites. So, basically it is racism and it is bullshit.

How precisely can pattern recognition be biased towards anyone?

Recognition is subjective, which makes it clearly vulnerable to bias.

Gonna have to elaborate on that one.

"Recognition is subjective, which makes it clearly vulnerable to bias."

No, it says exactly what I mean, read it again, there is no elaboration needed, it clearly and precisely destroys your statement

What do you mean "Recognition is subjective"? Do you mean that where a westerner see a square someone else sees a circle?

[Ibian]

I'm not sure I understand the fallacy of high IQ == successful

I bet if you did a survey test of the top 1% or even 0.1% of earners in the world, you'd find that the average IQ was at or below 100.

If anything, evil elite narcissist == successful

It's not that iq equals wealth, obviously anyone can luck into a rich dad. It's that iq equals the ability to generate wealth, on average. Which is why the jews own the banks and by extension the west, highest iq group in the world.

Social network effect + social confirmation bias + self fulfilling prophecy + Judaist cultural values lending themselves well to capitalism + various historical and cultural bias's regarding money lending/usury etc.

Not necessarily more intelligent, no matter what the IQ tests say.

Or maybe smart people just make smart choices. I know it sounds far out there but hey, wild ideas.

In any case, there is no getting around the fact that iq correlates with wealth. You can argue about causality if you want, but at the end of the day the result is what it is.

The problem I have here Ibian is that you seem to be valuing 1) IQ  and 2) wealth acquisition as the measure of the man. Its neither.

You win at life if you have grandkids. Money is a means to that end, and a requirement to do it well in the culture we live in, and a high iq helps in getting lots of it. Very simple.

I do however agree that immigration policy should be based around the potential value added to society that the individual might bring.

Common ground!

[sirazimuth]

ooh and I thought this thread is about bitcoin

A common mistake

oh yeah.
it does occasionally fall into these damn rabbit holes,
mind you, I'm not complaining....

[Ibian]

I'm not sure I understand the fallacy of high IQ == successful

I bet if you did a survey test of the top 1% or even 0.1% of earners in the world, you'd find that the average IQ was at or below 100. Or maybe 110 tops.

If anything, evil elite narcissist == successful

Not so fast. https://pumpkinperson.com/2016/02/11/the-incredible-correlation-between-iq-income/

I would agree that higher IQ == greater potential for success. That's a pretty obvious conclusion.

However, every millionaire boss that I've had in my life was cognitively dumber than a box of rocks. And pretty ignorant of worldly things. But they were narcissistic snobs and somewhat evil. So there's that.  

Bosses like to boss people around. That's why they become bosses. Personality plays into that, it probably takes a certain degree of narcissism to get there in the current culture.

[Karartma1]

The correlation between wealth, power and opportunity and income is much greater than that between intelligence and income.
Much greater.

Dilbert's "Salary Theorem" states:

"Scientists and Engineers can never earn as much as administrators and sales people."

This theorem can now be proved mathematically:
Given:
Power = Work / Time and, Knowledge is Power
Substituting knowledge for power, we obtain: Knowledge = Work/ Time
If time = money, then: Knowledge = Work/ Money
Solving this equation for money, we obtain: Money = Work/ Knowledge
Therefore, as knowledge approaches zero, money approaches infinity, regardless of the amount of work done.

Conclusion: the less you know, the more you make.

Simple and clean

[Last of the V8s]

https://twitter.com/exiledsurfer/status/910550512659046400
https://t.co/TdkflQr6w0
can someone get the text of this for us please
@nic__carter 5h5 hours ago

Absolute must-read this morning from a man who reviewed Bitcoin code in 2008.

[mattimann]

Uaaahhh... Guys, wake me up when we come back to the BTC Topic...

[aesma]

John McAfee in Bitcoin is kind of the same problem the alt-right has, a leaderless organization/movement to expel Jewish usury parasites off the backs of humanity.  Since there is no formal structure, a gay, Jewish guy named "Milo" just walks up and says "who's the leader around here?  nobody? ok, looks like I am.".

Putting aside the racist parts of your rants, I don't see anything the alt-right is obsessed with that would expel usury parasites off the back of humanity. For starters they champion a billionaire president !