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Question: What year will we achieve a new ATH?
2019 - 35 (27.8%)
2020 - 51 (40.5%)
2021 - 30 (23.8%)
2022 - 5 (4%)
2023 - 1 (0.8%)
Never - 4 (3.2%)
Total Voters: 126

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21174964 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. (24 posts by 13 users deleted.)
HairyMaclairy
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April 24, 2019, 08:44:05 PM

It is not unusual for immigrants to hold down 4 - 5 low paid jobs, working in car parks during the day and restaurants at night.  They are normal people and want to have families.

Edit:

With the increased casualisation of the workforce, an increasingly larger proportion of the workforce is being forced into insecure work to pay their bills.  

In the last couple of years we are starting to see high paid professional jobs like accountants, doctors, bankers and lawyers being converted into insecure contract roles.  
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bitserve
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April 24, 2019, 08:48:14 PM

It is not unusual for immigrants to hold down 4 - 5 low paid jobs, working in car parks during the day and restaurants at night.  They are normal people and want to have families.

I see two jobs there.... anyway... I understand they want to have families, I do want many things (probably less expensive than a  multi-child "family") but it would be my choice to have X number of jobs to support it... and I couldn't complaint about it because that would be the life I would have chosen. What I mean is that they could have chosen an easier life, so it is not that they have been forced to work as slaves all day and night.

I don't really think anyone needs several jobs just to sustain themselves.
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April 24, 2019, 08:49:06 PM

Do you think they want five jobs?
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April 24, 2019, 08:49:53 PM

Do you think they want five jobs?

Absolutely not. But they CHOSE a life their pockets cannot pay for... without several jobs.
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April 24, 2019, 08:51:34 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.
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April 24, 2019, 08:55:11 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?

How much would that be translated to yearly income? You would be surprised on how little I can *survive*....

Anyway, this isn't about me.

Yeah, if those works are just 10 hours a week, you would need to do 4 or 5 to fill a reasonable 40-50 hours work a week. Which doesn't even sound that slavish though.
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April 24, 2019, 09:01:22 PM

Altcoins are droping even more than bitcoin and bitcoin dominance is rising. In my unprofessional opinion we will see money flowing back to bitcoin soon. The rocket is just fueling up.
Swings aside, during the bull market altcoins gain dominance over Bitcoin. This effect can be expected to increase over the years as equity becomes tokenized.
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April 24, 2019, 09:02:42 PM

sorry LFC  Embarrassed

F***ed up
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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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