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

[billyjoeallen]

I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

bitcoin or computer science or engineering or any of the stuff that separates us from primitive subsistence-level savages.

You gotta love these feminist women complaining about male oppression, living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

[NotHatinJustTrollin]

In particular, I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

The bitcoin phenomenon today is a combination of naked greed, selfishness, delusions of grandeur, sense of entitlement, narcissism, extreme idiocy and sociopathic scam-prone behavior/thinking patterns.

Definitely not a coincidence.

[NotLambchop]

...
You gotta love these feminist women complaining about male oppression, living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

Let me get this straight, you talk on a phone that you've invented & drive in a car of your own design?  Or ...are you just a redneck hick fireman who can't get his dick wet?

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

bitcoin or computer science or engineering or any of the stuff that separates us from primitive subsistence-level savages.

When the first computer science courses opened in Brazil, women were often more that half of the students, and the brightest students were often women.  Over the years the proportion has dropped to the same level as in electrical and civil engineering, that is 5--10% or maybe less.

We had endless debates about why women don't apply to computer science anymore, with no conclusions.  It is not because computer science is "difficult". It is actually one of the professions where even dumb people can succeed.  There are plenty of women in medicine, chemistry, mathematics -- where you really need a functioning brain to work.  I taught intro computing to chemical engineering freshmen last semester, and to my surprise the class was again half women, and again some of the best students were women.

It must be some subtle thing in the popular image of the computer professional.  Perhaps the idea that he is an antisocial nerd who hardly leaves his mom's basement --- a way of life which may appeal to many adolescent men, but not to adolescent women.

women [ ... ] living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

And you still think that men are more intelligent than women? 

[thezerg]

Some absolute crap getting discussed today on here.

Take it to off topic.

I agree.  Is this garbage what we want the newbies who just watched that CNN special to read when they hit bitcointalk and look at active threads?

I understand that there's a fine line between trolling and a completely valid bearish perspective.  So it is not right to moderate on-topic bearish posts.  But the trash I'm reading today is not the image we want to present to new bitcoiners.  Letting it stay here is a bad idea if you care about Bitcoin, even if you care but happen to be short today.

So I'm here posting on this thread to ask other bitcoiners to en-masse ask the moderators to start monitoring this thread until the off-topic trolling -- in fact all the off topic posting -- goes somewhere else. 

Please reply to this post if you agree!!!   Drown out the garbage posts with replies so the trolls see how little we appreciate their off-topic "contributions".

And also start clicking the "report to moderator" link on off-topic posts to this thread.

thanks,
theZerg

[ElectricMucus]

Misogyny, Libertarianism and Bitcoin the trinity of Neckbeard.

[dieselmeister]

...
You gotta love these feminist women complaining about male oppression, living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

Let me get this straight, you talk on a phone that you've invented & drive in a car of your own design?  Or ...are you just a redneck hick fireman who can't get his dick wet?

Not to mention, that he build his car and his house with his bare hands. Build his computer and programmed the operating system and the browser to illuminate us with his wonderful mind of a stupid, dickless and lowminded psychopath.

*-*

[gentlemand]

I agree.  Is this garbage what we want the newbies who just watched that CNN special to read when they hit bitcointalk and look at active threads?

I understand that there's a fine line between trolling and a completely valid bearish perspective.  So it is not right to moderate on-topic bearish posts.  But the trash I'm reading today is not the image we want to present to new bitcoiners.  Letting it stay here is a bad idea if you care about Bitcoin, even if you care but happen to be short today.

So I'm here posting on this thread to ask other bitcoiners to en-masse ask the moderators to start monitoring this thread until the off-topic trolling -- in fact all the off topic posting -- goes somewhere else. 

Please reply to this post if you agree!!!   Drown out the garbage posts with replies so the trolls see how little we appreciate their off-topic "contributions".

And also start clicking the "report to moderator" link on off-topic posts to this thread.

thanks,
theZerg

It's a fine idea but maybe this thread should remain a cesspit with proper discussion happening elsewhere. Either way it would be nice to have some type of moderation.

[thezerg]

I agree.  Is this garbage what we want the newbies who just watched that CNN special to read when they hit bitcointalk and look at active threads?

I understand that there's a fine line between trolling and a completely valid bearish perspective.  So it is not right to moderate on-topic bearish posts.  But the trash I'm reading today is not the image we want to present to new bitcoiners.  Letting it stay here is a bad idea if you care about Bitcoin, even if you care but happen to be short today.

So I'm here posting on this thread to ask other bitcoiners to en-masse ask the moderators to start monitoring this thread until the off-topic trolling -- in fact all the off topic posting -- goes somewhere else. 

Please reply to this post if you agree!!!   Drown out the garbage posts with replies so the trolls see how little we appreciate their off-topic "contributions".

And also start clicking the "report to moderator" link on off-topic posts to this thread.

thanks,
theZerg

It's a fine idea but maybe this thread should remain a cesspit with proper discussion happening elsewhere. Either way it would be nice to have some type of moderation.

No.  We don't need to provide a cesspit under the name "bitcoin".  Let them post their views on women and whatever else on some other forum.

[Odalv]

If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.

Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.

Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day.  

There is more belief of short traders and options sellers using leverage.

BTC3600 is not that much   that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.

But some relief will come in 18months

Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000  / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day

$850,000 / 136,000 new adopers =  $6.25 per new person

[hdbuck]

If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.

Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.

Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day. 

There is more belief of short traders and options sellers using leverage.

BTC3600 is not that much  that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.

But some relief will come in 18months

Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000  / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day

$850,000 / 136,000 new adopers =  $6.25 per new person

lol

[JorgeStolfi]

We don't need to provide a cesspit under the name "bitcoin".  Let them post their views on women and whatever else on some other forum.

Women are half the world's population and major retail consumers.  Bitcoiners should give some attention to them too. 

[Odalv]

If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.

Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.

Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day. 

There is more belief of short traders and options sellers using leverage.

BTC3600 is not that much  that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.

But some relief will come in 18months

Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000  / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day

$850,000 / 136,000 new adopers =  $6.25 per new person

lol

Check reality. Price is $230+ and rising. :-)

[julian071]

In particular, I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

The bitcoin phenomenon today is a combination of naked greed, selfishness, delusions of grandeur, sense of entitlement, narcissism, extreme idiocy and sociopathic scam-prone behavior/thinking patterns.

Definitely not a coincidence.

This post is so good I just had to quote it. Sure, it should be in the 'meta' section, but still.

[hdbuck]

If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.

Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.

Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day. 

There is more belief of short traders and options sellers using leverage.

BTC3600 is not that much  that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.

But some relief will come in 18months

Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000  / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day

$850,000 / 136,000 new adopers =  $6.25 per new person

lol

Check reality. Price is $230+ and rising. :-)

not yet 136k new users errday tho

[NotLambchop]

In particular, I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

The bitcoin phenomenon today is a combination of naked greed, selfishness, delusions of grandeur, sense of entitlement, narcissism, extreme idiocy and sociopathic scam-prone behavior/thinking patterns.

Definitely not a coincidence.

This post is so good I just had to quote it. Sure, it should be in the 'meta' section, but still.

+1  Excellent, informative post, should be stickied.

[troleybüs]

Price is rising low because 220$ is already new low value. Miners don't sell for loss, but Chinese miners have very low product cost, so they can put pressure on price anyway.

[GaliX]

If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.

Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.

Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day. 

There is more belief of short traders and options sellers using leverage.

BTC3600 is not that much  that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.

But some relief will come in 18months

Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000  / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day

$850,000 / 136,000 new adopers =  $6.25 per new person

lol

Check reality. Price is $230+ and rising. :-)

there is absolutely no volume behind this rise... These rises are happening because the order book is relatively thin and indicators tell bots/traders to buy.

Once real trades and Volume kicking back in we will just see another big red candle an be back where the rise started.

[silverfuture]

I believe that it is not a coincidence that there are so few women who are "into" bitcoin.  

bitcoin or computer science or engineering or any of the stuff that separates us from primitive subsistence-level savages.

When the first computer science courses opened in Brazil, women were often more that half of the students, and the brightest students were often women.  Over the years the proportion has dropped to the same level as in electrical and civil engineering, that is 5--10% or maybe less.

We had endless debates about why women don't apply to computer science anymore, with no conclusions.  It is not because computer science is "difficult". It is actually one of the professions where even dumb people can succeed.  There are plenty of women in medicine, chemistry, mathematics -- where you really need a functioning brain to work.  I taught intro computing to chemical engineering freshmen last semester, and to my surprise the class was again half women, and again some of the best students were women.

It must be some subtle thing in the popular image of the computer professional.  Perhaps the idea that he is an antisocial nerd who hardly leaves his mom's basement --- a way of life which may appeal to many adolescent men, but not to adolescent women.

women [ ... ] living in houses they didn't build, talking on phones they didn't invent, typing on computers they didn't program, driving cars they didn't design, going to stores they don't manage to spend money they didn't earn.

And you still think that men are more intelligent than women? 

You can't even divide it up between genders like that, and I think BJA is a little off base there. We all have a relatively wide range of biological individuality (Except for maybe the Winkelvii )  Women tend toward different types of intelligence and other qualities than men as a group for whatever reason and we seem better off as a network for it. Women seem to tend toward social, emotional, and creative intelligence and men tend toward logical, rational, and physical intelligence but those are only tendencies and, again, wide ranges can be expected in any population.  Intelligence is a tough quantitative analysis to make and the tools are still crude at best.

It is an often repeated myth to say that all bitcoiners are men, white, etc. etc.  It's a pretty diverse group but of course the bell curve does lean heavily to the white male geek stereotype to the delight of naysayers who use that as some sort of racist, sexist argument against bitcoin tech. I reject that thinking and think some people should just get a life and go do something productive instead. 

  Case in point, it was only a small, hardcore group of men who were the initial enthusiasts for the Ultimate Fighting Championship. They were so hardcore, they would go train and fight for next to nothing in pay, fans would travel for miles to see the shows, etc.  UFC almost was shut down and experienced many times when either regulatory bodies or (John McCain) politiciansa called for bans.  There were less women in support of it than there is for bitcoin and most opposed it as violence.  Cooler heads prevailed though and now we are at a point of mass adoption where Rhonda Rousey is one of the biggest stars and draws of the show. She beautiful, intelligent, and tough as fucking nails. A good role model for empowering women IMO.








UFC is the fastest growing sport in the world now and that type of event only happened in Brazil a little over 20 years ago when I first found out about it and started watching and training MMA.  Bitcoin shows many of the same developments as the UFC in its early adoption on the way to mainstreaming.