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

[jbreher]

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

QFT.

+1

What he said.

What if they used the time, then figured out the solutions and then realized every one of those solutions would get them killed so decided to just sit back and complain until someone else finds a better solution that doesn't get them killed?

I can't even figure out what you are getting at. Working on life will get you killed? I guess in some sense. In the long run, we're all dead.

Life is hard. Buck up, bucko - or get lapped by those willing to put in the work.

I dated a girl for a number of years.

Her father was wealthy and powerful.  He owned 25+ houses that he rented out.  He was also a drunk and highly abusive.

The mother eventually divorced him after a series of domestic violence incidents.  The father decided to make the mother's life a living hell.   He hired lawyers to sue the mother for everything under the sun, stalked the mother and tried to destroy her friendship networks.  This went on for five years.  

The mother grew deeply depressed and semi suicidal.  My girlfriend and her sister at the age of 8 had to get the mother out of bed in the morning, get her dressed so the mother could drive them to school.  Some days they couldn't get their mother out of bed so they missed school.  

My girlfriend was incredibly smart and motivated but she missed a lot of school during that five year period.  It affected her grades and she had to work hard to try to catch up.  She also had the mental load of trying to parent her own mother through the divorce and aftermath.  There is no doubt in my mind if she had had a normal, stable childhood, she would have been a surgeon or rocket scientist.  Instead she will likely never achieve her full potential.  

Let's not kid ourselves that everyone has equality of opportunity.  Because they don't.

Relevance of anecdote?

Sounds to me as if you are claiming that, seeing as we all have access to different opportunities, it isn't even worth trying to improve your circumstance.

I call bullshit on that. Everyone has the same opportunity to endeavor to improve their situation.

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[jbreher]

Anyone saying that success is linked to hardwork deserves to be let alone in any third world country to see how their hardwork will be rewarded. Or in any poor family in any Western country.

Absolute twaddle.

The circumstances of one's birth are relevant, indeed. However, anyone who works hard will experience more success than one who does not. Period.

[kenzawak]

niceee ^ tell us more?

Long story... got interested in Black Coin way back and mined it for a while.  Did not sell on the big pump..  Of course I have no BC now  .
Born in Ecuador,  studied and worked in the USA.  Been back to EC since 2002.
Proud owner of BTC along with shit coins.   Did not sell on the big pump!  
Hodler at heart or fool?  Time will tell.

Regarding investing in bitcoin, what do you do?

Do you dollar cost average and try to buy more on dips?

Do you have a certain percentage of your income that you allocate to bitcoin? 

Do you plan out in advance in order to determine how much BTC you can buy, or do you get into trouble because you bought too much and then th price does not go up, as hoped?

I got another question. How far are you from town ?
Is it hard to get supplies to where you are ?

[jbreher]

you need to be a shark or step on someone else to succeed.

Literally nobody has been saying this in this thread. How is it that you confuse 'work hard' with 'be a shark or step on someone'?

[julian071]

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

QFT.

+1

What he said.

What if they used the time, then figured out the solutions and then realized every one of those solutions would get them killed so decided to just sit back and complain until someone else finds a better solution that doesn't get them killed?

I can't even figure out what you are getting at. Working on life will get you killed? I guess in some sense. In the long run, we're all dead.

Life is hard. Buck up, bucko - or get lapped by those willing to put in the work.

I dated a girl for a number of years.

Her father was wealthy and powerful.  He owned 25+ houses that he rented out.  He was also a drunk and highly abusive.

The mother eventually divorced him after a series of domestic violence incidents.  The father decided to make the mother's life a living hell.   He hired lawyers to sue the mother for everything under the sun, stalked the mother and tried to destroy her friendship networks.  This went on for five years.  

The mother grew deeply depressed and semi suicidal.  My girlfriend and her sister at the age of 8 had to get the mother out of bed in the morning, get her dressed so the mother could drive them to school.  Some days they couldn't get their mother out of bed so they missed school.  

My girlfriend was incredibly smart and motivated but she missed a lot of school during that five year period.  It affected her grades and she had to work hard to try to catch up.  She also had the mental load of trying to parent her own mother through the divorce and aftermath.  There is no doubt in my mind if she had had a normal, stable childhood, she would have been a surgeon or rocket scientist.  Instead she will likely never achieve her full potential.  

Let's not kid ourselves that everyone has equality of opportunity.  Because they don't.

Relevance of anecdote?

Sounds to me as if you are claiming that, seeing as we all have access to different opportunities, it isn't even worth trying to improve your circumstance.

I call bullshit on that. Everyone has the same opportunity to endeavor to improve their situation.

You're an intelligent guy but now you are deliberately misunderstanding. It's obvious the point was quite opposite of 'not worth trying' as the girl in this story "worked hard to catch up".

What really is BS is stating that everyone has the same opportunity to endeavour to improve their situation. In order to do that you'll need, well, opportunity. If you're totally tied up in whatever circumstances you might not have that. This idea that anyone can just 'break free' at any time from any circumstances is just plain naive frankly.

[bitebits]

President and CEO of Nasdaq :
"Crypto Currencies Could Still Be a Global Currency of the Future"

https://www.linkedin.com/pulse/new-chapters-innovation-disruption-written-2019-adena-friedman/

Thanks for sharing, and written by not just a somebody..

[JayJuanGee]

President and CEO of Nasdaq :
"Crypto Currencies Could Still Be a Global Currency of the Future"

https://www.linkedin.com/pulse/new-chapters-innovation-disruption-written-2019-adena-friedman/

I glanced at that section, and it appears that she did not even use the word bitcoin or describe bitcoin specifically.  Still a bit nervous to get into too many bitcoin specific details or to really describe how bitcoin is the real game changer, in this "crypto" space.

[bitebits]

President and CEO of Nasdaq :
"Crypto Currencies Could Still Be a Global Currency of the Future"

https://www.linkedin.com/pulse/new-chapters-innovation-disruption-written-2019-adena-friedman/

I glanced at that section, and it appears that she did not even use the word bitcoin or describe bitcoin specifically.  Still a bit nervous to get into too many bitcoin specific details or to really describe how bitcoin is the real game changer, in this "crypto" space.

First sentence:
"It’s been more than a decade since bitcoin took the world by storm."

[600watt]

South Korean exchange CoinZest mistakenly gives away $5.3 million worth of crypto
https://news.bitcoin.com/airdrop-korean-exchange-send-btc/
"In what was supposed to be a routine airdrop, South Korean cryptocurrency exchange CoinZest is now forced to conduct a massive roll-back after mistakenly giving away around $5.3 million worth of cryptocurrencies, CryptoNews reports.

Last week, the exchange planned on airdropping hundreds of We Game Tokens (WGT) as part of a promotional event. However, users were instead credited with other cryptocurrencies like Bitcoin and Ethereum.

Citing a “computer error” as the cause of the blunder, the exchange’s servers went offline as the team scrambled to restore the databases to their original state, and attempting to reach customers, many of whom had already made fiat withdrawals on the funds. Most of the funds have since been reclaimed, but the exchange states that around $2.6 million hasn’t been returned.

Many believe that consumers withdrew the funds as soon as they received the incorrect crypto. One industry expert believes that there is “no way CoinZest can get the funds back from customers who have already made withdrawals.”



I wonder how much each person received.
EDIT : there were 10 users... each received $530k

so they did what could be labeled as  a "reverseMtGox" stunt?  

[Last of the V8s]

https://twitter.com/officialmcafee/status/1087772979730239490
The McAfee 2020 Campaign is, as of this day, in exile. I am being charged with using Crypto Cu[rr]encies in  criminal acts against the U. S. Government. More videos coming shortly. Stay tuned.

[HairyMaclairy]

I have met McAfee. 

Smart guy but throws off this vibe that something is clearly not right with him in the head.

Avoid.

[LFC_Bitcoin]

Was going to buy another £300 worth of BTC tomorrow but the temperature has really started dropping in the UK so I probably should spend it on two new rear tyres as my tread depth is running rather low.

First world problems 

[JayJuanGee]

....
10 years from now 10 will get even the roach laid!

Meantime, he makes do with a poured solid silver butt plug...

At least he is happy, sleeping with his silver bars.

[Last of the V8s]

The media will not be avoiding him.

[JayJuanGee]

South Korean exchange CoinZest mistakenly gives away $5.3 million worth of crypto
https://news.bitcoin.com/airdrop-korean-exchange-send-btc/
"In what was supposed to be a routine airdrop, South Korean cryptocurrency exchange CoinZest is now forced to conduct a massive roll-back after mistakenly giving away around $5.3 million worth of cryptocurrencies, CryptoNews reports.

Last week, the exchange planned on airdropping hundreds of We Game Tokens (WGT) as part of a promotional event. However, users were instead credited with other cryptocurrencies like Bitcoin and Ethereum.

Citing a “computer error” as the cause of the blunder, the exchange’s servers went offline as the team scrambled to restore the databases to their original state, and attempting to reach customers, many of whom had already made fiat withdrawals on the funds. Most of the funds have since been reclaimed, but the exchange states that around $2.6 million hasn’t been returned.

Many believe that consumers withdrew the funds as soon as they received the incorrect crypto. One industry expert believes that there is “no way CoinZest can get the funds back from customers who have already made withdrawals.”



I wonder how much each person received.
EDIT : there were 10 users... each received $530k

so they did what could be labeled as  a "reverseMtGox" stunt?  

Whoaza!!!

600Watt.  Thought that you fell off of the face of the bitcoin earth.  What have you been doing?  Ignoring Bitcoin?

[bitcoinPsycho]

Was going to buy another £300 worth of BTC tomorrow but the temperature has really started dropping in the UK so I probably should spend it on two new rear tyres as my tread depth is running rather low.

First world problems 

Buy part worn tyres

[StartupAnalyst]

https://twitter.com/officialmcafee/status/1087772979730239490
The McAfee 2020 Campaign is, as of this day, in exile. I am being charged with using Crypto Cu[rr]encies in  criminal acts against the U. S. Government. More videos coming shortly. Stay tuned.

[bitebits]

Was going to buy another £300 worth of BTC tomorrow but the temperature has really started dropping in the UK so I probably should spend it on two new rear tyres as my tread depth is running rather low.

First world problems 

Buy part worn tyres

Ditch the car.

[Last of the V8s]

StartupAnalyst 1 million fake internet points

[cAPSLOCK]

Something that 'breaks the rules'.

That article making parallels between bittorrent and bitcoin really hit home, didn't it.

In some ways saying Bitcoin is the bittorrent of money is at least as accurate as saying bitcoin is the email of money.  Both sayings are not enough though... this is bigger than both of them IMO.