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

[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.

[cAPSLOCK]

BIS chief Agustín Carstens: Bitcoin must depart from PoW.

I like how bankers starting to sweat they know Bitcoin will eat their lunch 

https://cointelegraph.com/news/major-central-bank-institution-bis-bitcoin-must-depart-from-proof-of-work

Yeah... and Carstens REALLY REALLY doesn't want to miss lunch.

[BTCMILLIONAIRE]

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.

Equality of opportunity doesn't mean equality of hardships encountered either. You can have the same opportunities on a race track, but still end up staggering. Doesn't mean the other racers had better opportunities than you. Doesn't mean you were at fault for staggering either. The question is, do you get up or start complaining.

Your ex could have just given up, but she didn't. So she's better off than she would have been. And unless she's too old to move she still has plenty of opportunity to move upward. An average income is enough to retire as a (multi) millionaire if you invest a good bulk of it. Even if you start investing at 30-40.

P.S. You could also argue that those hardships made her more resilient against stress. Which could very well mean that it would be easier for her to achieve top 1% and higher goals than the average person. Would that mean that she had greater opportunities than others? And that the people without such hardships were dealt an unfair card?

[BTCMILLIONAIRE]

No one is asking for life to be fair.  It isn't. 

Just don't deceive yourself that you hit a home run because you happened to be born on third base.  

WTF are you talking about?

Is there a point you are trying to make? Has something held you back in life? Is that your excuse?  Do yourself a favor and don't make excuses for yourself or others. Lets hold ourselves accountable. Life works SO MUCH better than way.

He's trying to explain to the dumbasses you are that saying something as stupid as "if you have time to complain you don't deserve to go up" that maybe, JUST MAYBE, there is a more systematic problem and that success is absolutely not linked to hardwork.

Shut the fuck up and get your head out of your ass.

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.

Assholes.

I'll speak a language you can understand, as you've kindly started doing so yourself.

Your argument about hard work is fucking retarded. Only an imbecile would make that argument, as even a child understands that chopping away at a tree with a plastic butter knife won't ever do anything. Will it be hard work? Yes. Does it accomplish anything? No.

If you're too stupid to stop repeating what hasn't worked for your entire life and complain about the outcome that's on you.

[mindrust]

Being efficient (cutting a tree with a chainsaw) is a different concept than being an ox (cutting it with a plastic knife) imo.

You need to be able to work hard but only when you need to. When it is worth it.

To accomplish great stuff, that usually means you need to work hard all the time. (again you need to know what/how to study and that in my opinion means intelligence)

[Ibian]

We live in an intelligence based economy, not strength based as we used to. IQ is the greatest predictor of the ability to make money.

[mindrust]

You set a target in your life. (That usually happens when you are in high school or earlier. The earlier the better.)

If you are smart, the target should be achievable.

Most people with average intelligence usually reach their goals in life. (Making decent money, having a decent salary job, wife&kids, a yacht etc)

If you are smarter, you achieve your target faster than the others. A lot faster. That makes the real difference. I am not that smart but I can identify a smart guy instantly. Most people don't have that talent. :p

[nikauforest]

Good video from Tyler Jenks who is a traditional money manager. He is known for what he calls hyper waves. It is really worth understanding what Hyper waves are, he describes these in his other videos.
BTW he is bearish now and believes we have not hit the bear market low.

very interesting

Hyperwave - $10 Million Bitcoin

https://www.youtube.com/watch?v=0-nBd9lO7AM

Also

https://medium.com/@lucidfunds/the-long-and-winding-road-to-10-million-bitcoin-4b1c83d26e5d

[Last of the V8s]

https://www.wbtc.network/
"WBTC is the first ERC20 token backed 1:1 with Bitcoin. Transparent, 100% verifiable, open and community led.
Starting January 2019
WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications. Today, the majority of trading volume takes place on centralized exchanges with Bitcoin. WBTC changes that, bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for token trades."

[Wekkel]

To accomplish great stuff, that usually means you need to work hard all the time. [...]

I have seen the word 'usually' but I would rather describe it as follows:

To accomplish great stuff, you need to persist, focus and constantly test your assumptions

Especially the latter is usually absent when talking Bitcoin (yes, I fall into the same pitfall)  

[BTCMILLIONAIRE]

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.

The idea that "trying to improve your life" could somehow be interpreted as "just breaking free at any time from any circumstance" is just plain naive. When did anybody ever say that improving your life was generally easy? Where do you even take those arguments from?

[LFC_Bitcoin]

https://www.wbtc.network/
"WBTC is the first ERC20 token backed 1:1 with Bitcoin. Transparent, 100% verifiable, open and community led.
Starting January 2019
WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications. Today, the majority of trading volume takes place on centralized exchanges with Bitcoin. WBTC changes that, bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for token trades."

[600watt]

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?

hehe, sort of did I guess. I just came back to tell you guys that bear market is over.  

[Last of the V8s]

https://www.wbtc.network/
"WBTC is the first ERC20 token backed 1:1 with Bitcoin. Transparent, 100% verifiable, open and community led.
Starting January 2019
WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications. Today, the majority of trading volume takes place on centralized exchanges with Bitcoin. WBTC changes that, bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for token trades."

lol i agree. we never gonna go up till these asswads stop farting about

[LFC_Bitcoin]

https://www.wbtc.network/
"WBTC is the first ERC20 token backed 1:1 with Bitcoin. Transparent, 100% verifiable, open and community led.
Starting January 2019
WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications. Today, the majority of trading volume takes place on centralized exchanges with Bitcoin. WBTC changes that, bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for token trades."

lol i agree. we never gonna go up till these asswads stop farting about

Loving the new avatar mate

[Ibian]

You set a target in your life. (That usually happens when you are in high school or earlier. The earlier the better.)

If you are smart, the target should be achievable.

Most people with average intelligence usually reach their goals in life. (Making decent money, having a decent salary job, wife&kids, a yacht etc)

If you are smarter, you achieve your target faster than the others. A lot faster. That makes the real difference. I am not that smart but I can identify a smart guy instantly. Most people don't have that talent. :p

Speaking as a boat owner, a yacht is not an intelligent life goal.

[Bitcoin Smith]

You set a target in your life. (That usually happens when you are in high school or earlier. The earlier the better.)

If you are smart, the target should be achievable.

Most people with average intelligence usually reach their goals in life. (Making decent money, having a decent salary job, wife&kids, a yacht etc)

If you are smarter, you achieve your target faster than the others. A lot faster. That makes the real difference. I am not that smart but I can identify a smart guy instantly. Most people don't have that talent. :p

Hard work in smart way will make the things easier than others doing.Being in a decent salaried job is not a good achievement it is same as being a slave to king which makes no difference to being a slave to civilian. Do business and start cashflow on your own by hardwork don't work hard to make someone rich (job).

[mindrust]

You set a target in your life. (That usually happens when you are in high school or earlier. The earlier the better.)

If you are smart, the target should be achievable.

Most people with average intelligence usually reach their goals in life. (Making decent money, having a decent salary job, wife&kids, a yacht etc)

If you are smarter, you achieve your target faster than the others. A lot faster. That makes the real difference. I am not that smart but I can identify a smart guy instantly. Most people don't have that talent. :p

Speaking as a boat owner, a yacht is not an intelligent life goal.

Depends.

Depends on what problems you are experiencing as a yacht owner. Maybe you shouldn't own a yacht. Without having enough budget and knowledge, having a yacht might become your nightmare and that's when you realize you didn't make an intelligent decision by buying a yacht. Maybe a 45feet long boat isn't for you but only a 32 feet. Maybe you didn't like sailboats. Maybe you are a motorboat guy. Maybe you don't like to hold the wheel, maybe you want a captain on a pay roll. Maybe you don't want to deal with the repairs, maybe you don't have the money to have someone to deal with this shit.

Depends on a lot. Intelligence bruh. You gotta know what is going to make you happy.

[shitexpress]

https://www.shitexpress.com/

bitcoin payment accepted 

No shit 

[Last of the V8s]

https://www.wbtc.network/
"WBTC is the first ERC20 token backed 1:1 with Bitcoin. Transparent, 100% verifiable, open and community led.
Starting January 2019
WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications. Today, the majority of trading volume takes place on centralized exchanges with Bitcoin. WBTC changes that, bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for token trades."

lol i agree. we never gonna go up till these asswads stop farting about

Loving the new avatar mate

tyvm. think it worried mic a bit till he realised it's just me being fantastically funny facetious again