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

[Elwar]

Very sad to me how shit rises to the top, while hard working and passionate senior engineers get utterly abused and humiliated, by being forced to serve under managers that couldn't code "Hello World" in BASIC.

As I worked through the world of engineering and salaries I realized that there was a sort of ceiling as far as wages go. You could hit senior level and there was usually nothing above that.

Not being satisfied with just staying under that ceiling (high compared to most careers but a ceiling nonetheless) I went and got my Master's degree in IT management in order to step into that world where there is no ceiling (CEOs are at the top of that salary range and there is no limit there).

I hated the idea of being a manager. My master's degree was such a piece of cake compared to my Bachelor's in IT. I eventually discovered that you can get a significant bump to that ceiling by working overseas. The only limit there is how dangerous or shitty a location you're willing to go to but it tended to double or triple that ceiling. I was satisfied with that as an alternative to being management. Fortunately I was able to get out before becoming a manager. Even though, I guess now I am considered management level at Ocean Builders. Fortunately it does not feel like it yet.

[makrospex]

Very sad to me how shit rises to the top, while hard working and passionate senior engineers get utterly abused and humiliated, by being forced to serve under managers that couldn't code "Hello World" in BASIC.

As I worked through the world of engineering and salaries I realized that there was a sort of ceiling as far as wages go. You could hit senior level and there was usually nothing above that.

Not being satisfied with just staying under that ceiling (high compared to most careers but a ceiling nonetheless) I went and got my Master's degree in IT management in order to step into that world where there is no ceiling (CEOs are at the top of that salary range and there is no limit there).

I hated the idea of being a manager. My master's degree was such a piece of cake compared to my Bachelor's in IT. I eventually discovered that you can get a significant bump to that ceiling by working overseas. The only limit there is how dangerous or shitty a location you're willing to go to but it tended to double or triple that ceiling. I was satisfied with that as an alternative to being management. Fortunately I was able to get out before becoming a manager. Even though, I guess now I am considered management level at Ocean Builders. Fortunately it does not feel like it yet.

Just managing an IT company or branch doesn't make an IT manager in my opinion. It's just a manager then.
Only a manager with a computer degree should be allowed to become a master at IT management. This would save a lot of trouble.
Most managers i dealt with in the IT were former salesmen.
It's also a difference if a manager is a slave to the stock holders or monetary goals of the company, or if he/she can truly act in a global, balanced and economic way.

The other thing: Seniors are very good at playing the role of the sane voice in project making and design phases. But who needs sane voices in a world of profit maximizing?

[LUCKMCFLY]

Many claim that Strong Gold Performance to Boost Bitcoin, In fact, gold could benefit from Bitcoin ..

According to  Mike McGlone (  Bloomberg Intelligence commodities analyst )

The “Bitcoin is digital gold” narrative isn’t the only reason why the analyst is bullish on the cryptocurrency market heading into 2020. McGlone also wrote that Bitcoin is “winning the adoption race among crypto assets and is become increasingly scarce, which favors price appreciation.

Many expectations for Bitcoin by 2020, including:

1.- The strong growth in U.S. equities, namely the S&P 500, implies that investors will soon start allocating more capital to risk-on investments like Bitcoin and cryptocurrency.

2.-The halving.

3.-While China has taken a harsh stance towards Bitcoin thus far, he noted that the authorities in China remain pro-digital assets because they are pro-blockchain.

A nice reading here: https://www.cryptomak.co.uk/bloomberg-bitcoin-price-likely-to-head-higher-alongside-gold/?utm_source=dlvr.it&utm_medium=twitter

[infofront]

The French are revolting.

Nauseatingly revolting

[JayJuanGee]

Bitcoin BEAM indicator

#bitcoin #btc

Live here: https://digitalik.net/btc/beam_indicator

@BitcoinEcon

https://twitter.com/digitalikNet/status/1202383513552609280?s=20

Very intresting indicator:
 

BEAM stands for "Bitcoin Economics Adaptive Multiple" and is the result of experimenting with various indicator types and formulas for almost 2 years. Various other designs were dropped or improved until reaching a satisfying result.

BEAM may look like a typical indicator, but can also be used as a basis for an anti-cyclical investment plan for Bitcoin as well as other crypto assets whose cycle is tied to that of Bitcoin. Roughly speaking, BEAM divides the price of bitcoin at any given moment to a moving average of past prices. This makes price trends more clearly visible.

This indicator is also available in tradingview to play with:

BEAM on TradingView
I developed BEAM in Pine Script on Tradingview.com. Recently I published “BEAM” and “BEAM Bands” there. So at Tradingview.com you can apply them to charts by clicking the Indicators button and searching for them. To apply them to Bitcoin I recommend that you enter “BNC:BLX” for displaying the “BreaveNewCoin Liquid Index for Bitcoin” chart and set the time frame to 1 day. The BLX chart shows all historical Bitcoin prices since mid 2010.

Heading into the halving within a bearish trend.. Never seen before. This is fine.

Never a boring day/month/year in Bitcoinlandia.

You call 5.5 months away from halvening "heading into?"

Do you remember the halvening in 2016 was in June?  November 2015 to May 2016 was a pretty fucking bearish time-period, if I recall correctly.

[El duderino_]

The French are revolting.

Nauseatingly revolting

Mmmm google-translate didn't work on that one 

[xhomerx10]

Damn Italians!

10% off!  One day only!


 $120,000 $108,000

[Phil_S]

Not all of them . Some of their woman are tasty

[xhomerx10]

The French are revolting.

Nauseatingly revolting

Mmmm google-translate didn't work on that one 

misselijkmakende

[Findingnemo]

Very sad to me how shit rises to the top, while hard working and passionate senior engineers get utterly abused and humiliated, by being forced to serve under managers that couldn't code "Hello World" in BASIC.

As I worked through the world of engineering and salaries I realized that there was a sort of ceiling as far as wages go. You could hit senior level and there was usually nothing above that.

Not being satisfied with just staying under that ceiling (high compared to most careers but a ceiling nonetheless) I went and got my Master's degree in IT management in order to step into that world where there is no ceiling (CEOs are at the top of that salary range and there is no limit there).

I hated the idea of being a manager. My master's degree was such a piece of cake compared to my Bachelor's in IT. I eventually discovered that you can get a significant bump to that ceiling by working overseas. The only limit there is how dangerous or shitty a location you're willing to go to but it tended to double or triple that ceiling. I was satisfied with that as an alternative to being management. Fortunately I was able to get out before becoming a manager. Even though, I guess now I am considered management level at Ocean Builders. Fortunately it does not feel like it yet.

Working for someone is still some kind of ceiling above us,if you want to be the best then come out be an entrepreneur you can earn more than what you are earning as salaried person but it needs more hard and smart work and also you need to be master at reinvesting the profits again and again, to keep raising to the next levels.

[El duderino_]

@infofront, which is you?

[El duderino_]

The French are revolting.

Nauseatingly revolting

Mmmm google-translate didn't work on that one 

misselijkmakende

Thats a clear Dutch word, and yes that HAT makes me misselijk

[JayJuanGee]

^^
Every time they talk about these prices I get sick, it is torture, because no one told me about bitcoin at that time ...

What's your bitcoin origin story? I cannot recall if you said.

You heard about bitcoin in mid 2017?  or earlier?

[JayJuanGee]

Bob:

1) When thinking about the time spent stuck at 10k, just remember that a few years ago we were bitching endlessly about how it was stuck at $600. That was so damn annoying, we wished it would DO SOMETHING....

......................................  !!!

^
Whatever written there was easily doable in 1 or 2 lines, common man can't read a book every day   #nohomo

and BTW today = STFU you JJG

I am glad that you said "seriously" otherwise I would have kept typing (and doing whatever the fuck I want)......


Oh wait?

[El duderino_]

^
You will do as I say 

[Last of the V8s]

[makrospex]

Very recently, in my inbox:

Good news – in collaboration with our newest EUR funding partner, Liechtenstein-based Bank Frick, we have added our newest fiat asset, the Swiss franc (CHF). This is the sixth currency that Kraken will trade, joining USD, CAD, EUR, GBP, and JPY.

[El duderino_]

Didn't realise LFC had that body under that jeans jacket

[El duderino_]

Bitcoin is anti-Keynesian technology.

https://twitter.com/pierre_rochard/status/1202607947089612802?s=20

[LFC_Bitcoin]

Didn't realise LFC had that body under that jeans jacket

I wear a fat suit when I meet you - OpSec