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.

Show me where anyone said otherwise. no one said someone can not ATTEMPT to better their standard because of where that standard started. Your argument is a red herring fallacy or your reading comprehension has failed you. Nice try on qualifying a statement to change it's content though.

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.

Absolute bullshit again trying to change the argument to suit your reply.

Allow me to pull it from the quote above:

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.

You're welcome.

[1714000926]

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[RayX12]

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?

Buy low and never sell.  I got in mostly in the $600 to $1200 range but added more in the $3400 range.  Will add more if it drops below $3200.  

[gentlemand]

What we are seeing, societally, is a shift towards shoe-horning Pakistani manual laborers into jobs as NY Investment Bankers.

In a manner of speaking...  

It's starting from the West Coast, though.

I grew up in a barrel full of faeces chained to the stretches of Ganges river bank they burn corpses on.

Look at me now.

[HairyMaclairy]

A kid born to an investment banker in NY has the opportunity to go to Wharton.
A kid born to a Pakistani manual laborer has the opportunity to work in a rug factory at age 10.  

What we are seeing, societally, is a shift towards shoe-horning Pakistani manual laborers into jobs as NY Investment Bankers.

In a manner of speaking...  

It's starting from the West Coast, though.

Guess what happens.   The wages of Pakistani manual labourers go up, a lot.  It is very satisfying.  

And the “NY investment bankers” tend to find other jobs pretty quickly. They are smart, agile and adaptable.

[RayX12]

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.

tyvm. so great you went back. not a fool, wait for the really big pump after next.
is there a bitcoin scene there? how good is the internet there?

Small BTC community but I do not participate; I live in the mountains away form civilization.
Internet is very good in the main cities in Ecuador.
I have very good internet in my hidden crater via antennas that I installed.
You can visit me here: http://pululahua-ecolodge.com/
Pay with BTC or shitcoins if you like.

Havent we seen this before?  I could swear I remember a picture of some model or pretty lady standing here when the railing and sign looked new. I looked a bit but could not find it so perhaps I am not remembering correctly. Place looks amazing regardless.
+1 WOsMerit

Hope that "Last of the V8s" brings her model to update my pictures.  Nice mountains available here as well but that model is quite nice.

[HairyMaclairy]

^Last of the V8s sends his apologies but his permission slip seems to have gone astray

[HairyMaclairy]

It's fine. Leave it. Up to the labourer to do all that, not some busybody who thinks he knows better.

You might find it morally objectionable to offer children of Pakistani labourers education followed by (comparatively) high paid desk jobs but I have no such qualms.  

[RayX12]

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 ?

Closest stores 45 minutes for supplies.  Bigger mall with more stuff 1hr.

Plenty of cheap land for sale..  It is cheap because we are inside the crater, probably cant get volcanic insurance.

[JayJuanGee]

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.  

That is kind of you to remember us. 

[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.

You're welcome.

In addition to this.

If all the people who spend their time complaining spent that time on finding sensible goals that are achievable by them and moved towards them, there'd be an inevitable increase in people who know what it takes to move upward as well as people who would be positioned to help their old peers do so.

I fail to see how a culture of complaining could in any reality possibly think to compete with this one. Anyone propagating that bullshit is part of the problem.

[Hueristic]

I actually want a sailboat because I love sailing and the sea. Doesn't need to be too nice, and I don't think it is some huge money hole. If I bought a $25,000 sailboat, I would expect to put another $7000 into it's repair, upkeep, etc. To use it for 5 summers and re-sell at something like $15,000 is well worth it in my case.

Word of advice from a sailing brotha, expect to spend as much on repairs and maintenance and upgrades as on the boat itself.

That's why the definition of a boat is "a hole in the water you throw money into".

[Toxic2040]

I'm sorry HM..this will involve sanction's and possible forfeiture of the hat. The committee will inform you of the result's when appropriate. /s

[Last of the V8s]

It's fine. Leave it. Up to the labourer to do all that, not some busybody who thinks he knows better.

You might find it morally objectionable to offer children of Pakistani labourers education followed by (comparatively) high paid desk jobs but I have no such qualms.  

Yes this kind of malign puppeteering is indeed foul and financially irresponsible to boot. What right have you to send people to the chumpatron of 'high[ly] paid desk jobs'?

[Bitcoinaire]

Can we not break $3600? Just chop, chop, chop........

[HairyMaclairy]

I'm sorry HM..this will involve sanction's and possible forfeiture of the hat. The committee will inform you of the result's when appropriate. /s

Hahaha fuck I do enough self doxing without having to sic the doorman on Roach

[Hueristic]

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.

Not everybody has the same opportunities. But everybody has opportunities.

This idea that anyone can just 'break free' at any time from any circumstances is just plain naive frankly.

Not break free. Rise above.

The discussion started with an observation that there is a permanent whiner class that does nothing other than whine.

And it strayed into patently false global assumptions and accusations, btw that whiner class is whats called a vocal minority and is easily ignored.

[Hueristic]

Allow me to pull it from the quote above:

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.

You're welcome.

If you truly believe that is globally true then you are either blind or a fool. first world views for first world problems.
You cannot think beyond Nintendo fat slobs that leach off society.
The world goes beyond your front yard.

What opportunities can these kids take advantage of?

https://www.child-soldiers.org/where-are-there-child-soldiers

[Toxic2040]

Hahaha fuck I do enough self doxing without having to sic the doorman on Roach

qft.

lol'd,  forgiven.   

[HairyMaclairy]

Your post is funny tho

[Last of the V8s]

Basically just a people-smuggler, but middle-class.