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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21336493 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (104 posts by 20 users deleted.)
BTCMILLIONAIRE
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April 24, 2019, 09:06:54 PM

The rise of "slashies" (people with multiple part time jobs).
https://www.bbc.com/news/business-47984295

I was one a couple of years back.
It's BS that most people like it. Basically, it is a rat race which in US is exacerbated by the absence of benefits (so you have to pay extra for them).
A full time job and a hobby (even involved hobby) is better, IMHO.
I wonder how crypto/btc will fit into this trend.

PS man city scores...foooook!

Agreed the casualisation of the workforce is corrosive to society. How is anyone supposed to raise a family if they have 5 jobs?   It’s a shit way to live.
By not having a family if they failed to plan for and luck into sufficient wealth. Having kids without being able to support them is corrosive to society, especially if you start complaining on an industrial scale about how unfair the world is for not making up for your poor life choices.
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April 24, 2019, 09:10:41 PM

Keep in mind this is part time shift work, not full time permanent.

Could you live on 10 hours of work per week at minimum wage?   They need 5 jobs to get 40 - 50 hours work a week.

Yes, I could. In fact, I lived for half of that for years and I even managed to build significant wealth. (5x12x5x4 = 1200 per month, 200 more than I had for a long time and still half of what you propose.)

Anyone who works full-time at minimum wage and fails to retire as at least a millionaire only has themselves to blame.


Heck, you could cut that into half again and I'd still manage to survive while picking up all the skills necessary to land a 6 figure job within 1-3 years.



Edit: I read per day not per week. Thankfully my last point still fits. With a $12 minimum wage and 10 hours of work per week I would manage to survive on ONE job while picking up all the skills necessary for a 6 figure job within 1-3 years. With two jobs I'd already be building wealth (quite substantially with crypto and still more than most people without).
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April 24, 2019, 09:15:53 PM

Minimum wage in Kentucky is $7.25 per hour

10 hours per week is $72.50

4.33 weeks in a month

$72.50 x 4.33 = $313 per month

Not sure how you save $1,200 per month on a gross income of $313 per month
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April 24, 2019, 09:19:31 PM

Minimum wage in Kentucky is $7.25 per hour

10 hours per week is $72.50

4.33 weeks in a month

$72.50 x 4.33 = $313 per month

Not sure how you save $1,200 per month on a gross income of $313 per month
Edited my post as I read 10h per day instead of per week. Either way, two of those jobs are more than enough for me to live on while educating myself enough to score an internship.

Edit: That also changes the time-line of my initial post. With full-time work I'd need up to three years to get up to speed from scratch. With part-time work I could easily land an internship within a year. Two if I take it easy. Three if I wanted to skip the internship and jump straight into a junior position without carrying coffee around for minimum wage.
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April 24, 2019, 09:23:10 PM

You are a smart, college educated guy

Half the population has an IQ less than 100
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April 24, 2019, 09:28:42 PM


He is  an academic so his books can be a bit cautious in its conclusions, but they are interesting never the less.

We are scholars.  I know what to expect.
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April 24, 2019, 09:31:41 PM
Merited by JayJuanGee (1)

Timestamps tell a story.

via Imgflip Meme Generator

via Imgflip Meme Generator

https://twitter.com/lopp/status/1121139820292714497?s=21
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April 24, 2019, 09:44:10 PM


Another story it tells is that the "satoshi" that was posting here was just a SINGLE individual which is also consistent with his content, style, syntax and punctuation. It also shows that he had consistent/regular sleeping times. Probably a family man with a regular job.
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April 24, 2019, 09:45:06 PM

When we talk about the limitations of the Lightning Network - here are some instructions for accessing an early website.

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April 24, 2019, 09:45:24 PM

I bought AAPL...sold way too early
I bought GOOG..sold way too early
I bought TSLA...sold way too early

did not sell btc yet...so there is a chanceTM


Another story it tells is that the "satoshi" that was posting here was just a SINGLE individual which is also consistent with his content, style, syntax and punctuation. It also shows that he had consistent/regular sleeping times. Probably a family man with a regular job.

haha...an amusing alternative theory...Satoshi is/was Dr. Jekyll and current personality is Mr Hyde.
Sidenote: i don't really believe in this theory, but split personalities do happen.
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April 24, 2019, 09:50:23 PM


Another story it tells is that the "satoshi" that was posting here was just a SINGLE individual which is also consistent with his content, style, syntax and punctuation. It also shows that he had consistent/regular sleeping times. Probably a family man with a regular job.

Asleep from 7am - 11am UTC which is 2am - 6am NY time. 
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April 24, 2019, 09:53:38 PM


Another story it tells is that the "satoshi" that was posting here was just a SINGLE individual which is also consistent with his content, style, syntax and punctuation. It also shows that he had consistent/regular sleeping times. Probably a family man with a regular job.

Asleep from 7am - 11am UTC which is 2am - 6am NY time.  

more like 6-12, which is 1am-7am NY or 10pm-4am Cali (or 11pm-5am Mountain time).
many finance people wake up at 5am (or even earlier) in cali/pacific to catch up the morning session in NY.
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April 24, 2019, 09:59:56 PM

^Good points.  7 am sounds too late so West Coast sounds more plausible
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April 24, 2019, 10:01:48 PM
Merited by jbreher (1)

You are a smart, college educated guy

Half the population has an IQ less than 100
Luckily coding is extremely easy for most of the jobs. If you can say what your program should do out loud you're already half way there. There is tons of work for low level programmers and people just throw money at them.

Just because it uses fancy terms like ML or AI doesn't mean that you're not just regurgitating the same methods over and over in the majority of jobs.

Not everybody needs to be a researcher designing or optimizing algorithms.


Even if you take some sub 100 IQ person. As long as they are capable of language as well as repeating steps somebody else has already taken they will be able to pick up the skills required for low level programming jobs. They really aren't much different from stacking blocks or chopping wood.

Five years would already be far more than anyone could reasonably need when working part-time, but even if you round up to ten years that still leaves at least a few decades of high earnings for most people. But why bother learning something for 10 years if you don't know if it will pay off right? Wrong. And that's the problem.


There are countless other jobs that people can learn in similar amounts of time too. Most people just don't want to put in the effort needed once they are off work and I can totally get that. But that's everybody's choice and not something that the rest of us should be forced to compensate for.



And by the way, I am college educated because I chose that path. I also made sure that I chose a subject that was guaranteed to provide high income if I put in sufficient effort, even though I would have much preferred studying something financially worthless but more interesting. And that's ignoring the overwhelming existential dread from even choosing a course coming from a dirt-poor first generation migrant family without any academics.

Even before I entered university I thought it would be out of my reach and the first lectures in Mathematics I attended were so far and beyond me that I was 100% certain that I would not make it to the end of the first year, never mind the end of my degree.

I could have also gone off to some apprenticeship or low-skill work right after school like a solid 99% of my childhood peers. They are literally so disconnected from reality that they wouldn't even believe that I was sent to a global elite university with a full scholarship (and not in the "wow good for you" kind of way, they literally called my parents liars when they told them after being asked about my picture on Facebook).

Poor people on average clearly don't understand that they can change their own fate and outright reject anyone who against all the odds demonstrates the possibility. All of us who made it just "got lucky", somehow cheated others out of their money or are simply lying.

There's little that is more disgusting than people who are too afraid or lazy to even try moving forward berating others and trying to claim moral high ground while complaining about the obvious results of their life choices. If that was all then I would just shrug it off. But in reality it is precisely because of those degenerates that we have such high taxes and literally nothing to show for in return. And the fact that I have to either circumvent income tax entirely or be forced to pay for idiots with a complete and utter disregard for foresight is appalling.

But yeah, those poor people that chose to fuck around throughout their life. Let's all pity them and exacerbate the issue instead of very clearly pointing out their poor choices and making sure that others after them think twice about what they do with their lives.



Credit to all those who choose a simple lifestyle without shitting on those that don't.
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April 24, 2019, 10:04:08 PM

I bought AAPL...sold way too early
I bought GOOG..sold way too early
I bought TSLA...sold way too early

did not sell btc yet...so there is a chanceTM


Another story it tells is that the "satoshi" that was posting here was just a SINGLE individual which is also consistent with his content, style, syntax and punctuation. It also shows that he had consistent/regular sleeping times. Probably a family man with a regular job.

haha...an amusing alternative theory...Satoshi is/was Dr. Jekyll and current personality is Mr Hyde.
Sidenote: i don't really believe in this theory, but split personalities do happen.
Tesla didn't even take off yet, or did they start rolling out those cars already?
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April 24, 2019, 10:05:59 PM

When we talk about the limitations of the Lightning Network - here are some instructions for accessing an early website.


Is my memory broken or did we actually have to type out http://www. back in the day? I don't miss the old internet.
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April 24, 2019, 10:15:44 PM

istr dialing the webpage directly lol
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April 24, 2019, 10:18:05 PM

breaking thru this support level on the bottom of the cloud leads us back towards $5.2k and the 0.236 fib

1h



haven't looked at this chart in awhile    #dyor
D

#stronghands
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April 24, 2019, 10:26:38 PM
Last edit: April 25, 2019, 10:33:18 PM by GreatArkansas

Pump time. For BTC or Alts?
$300m USDT printed. Bitfinex pump? Or just a printer malfunction?  Cheesy Grin


https://twitter.com/whale_alert/status/1121122660505800704?l
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April 24, 2019, 10:32:43 PM

Bitcoin has no CEO.
It has no fancy offices.
It has no marketing department.
It raised $0 from venture capitalist.

Yet, it is worth $100 billion in just 10 years.

Bitcoin is an example of why product-market fit is the only thing that ultimately matters.

https://twitter.com/apompliano/status/1121179745251577856?s=21
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