Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16366.

Karartma1

legendary

Activity: 2310

Merit: 1422

@practicaldreamer
Thank you for reminding me about that! Once I wrote it on the blackboard and my math teacher did not take it well

Quote from: Last of the V8s on September 20, 2017, 12:38:53 PM

https://twitter.com/exiledsurfer/status/910550512659046400
https://t.co/TdkflQr6w0
can someone get the text of this for us please
@nic__carter 5h5 hours ago

Absolute must-read this morning from a man who reviewed Bitcoin code in 2008.

Wow, what an amazing read by one of the few people who met Satoshi and worked with him at the very beginning.

Quote

Satoshi held - and is holding, I suppose - himself to a nearly inhuman standard of behavior in terms of refusing to give any remotest hint of possibly scamming anybody.

That's the answer for those who believe that Bitcoin is a scam/ponzi scheme etc.

mattimann

full member

Activity: 245

Merit: 103

Quote from: Torque on September 20, 2017, 12:42:08 PM

Quote from: mattimann on September 20, 2017, 12:39:03 PM

Uaaahhh... Guys, wake me up when we come back to the BTC Topic...

Oh yeah right. Bitcoin hit 4050!

^{Too soon?}

LOL yeah, just a bit. Try again... Wink

Samarkand

sr. member

Activity: 658

Merit: 282

Let´s get back to talking about Bitcoin.
This IQ discussion is not really relevant to the BTC/USD price.
Unless someone of you would link a study that shows a correlation
between high IQ and a large stash of Bitcoin.

Talking about large amounts of BTC:

This graphic really illustrates how many BTC some of the early adopters own.
Some crazy other stats as well!

What are your thoughts on this distribution?

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Fellow bitcoiners salute charismatic Comrade President Xi's continued efforts to decentralize Chinese mining hashrate.

aesma

hero member

Activity: 2604

Merit: 961

fly or die

Quote from: Arriemoller on September 20, 2017, 11:00:16 AM

Quote from: ShroomsKit_Disgrace on September 20, 2017, 10:51:22 AM

Quote from: Torque on September 20, 2017, 10:46:43 AM

Quote from: mattimann on September 20, 2017, 10:35:16 AM

BTW, are you guys aware that almost all americans are european and asian "immigrants" Grin

OK, let´s stop this. lets stay polite to eachother.

Yes of course, but that is not the issue.

The issue is that the last time I checked, there is not a country in the world that you can go to, just cross the border, and say "I'm going to live here permanently now." It doesn't, and shouldn't ever work like that.

Ummmmm Have you heard about the European Union?

Edit: 3 years ago I finished my PhD, I crossed a border (by plane) and I said "I'm going to live here as long as I want."

It's not quite that easy, you can cross the border in the EU, but you can only stay in another country for three months unless you get a job or study. And it could be argued that the EU is a de facto country.

If you don't ask for public assistance but instead pay into the system, having a job is not a requirement.

Most people would move to a country where there are job offers anyway.

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

@Elwar

http://www.prnewswire.com/news-releases/freesocietycom-to-form-the-worlds-first-libertarian-country-646060023.html

Meuh6879

legendary

Activity: 1512

Merit: 1012

Quote from: bitcoinPsycho on September 20, 2017, 11:37:00 AM

Quote from: practicaldreamer on September 20, 2017, 11:25:30 AM

Give me the next in the sequence - fish, chips, mushy peas and.....

Gravey... I prefer tomato sauce

not enough flux here ...

Meuh6879

legendary

Activity: 1512

Merit: 1012

Quote from: Torque on September 20, 2017, 10:56:59 AM

I consider it a failed experiment in socialism that sounded good on paper.

It's highly correct.
A "bank country" to be honest is the good formula.

practicaldreamer

hero member

Activity: 770

Merit: 500

Apparently, under Jamie Dimons guidance, JPM now have a new recruitment 'IQ' test for graduates hoping to enter the business. The first part tests the candidates knowledge and understanding of 'blockchain' - the second part inquires as to their propensity to invest in bitcoin.
Those candidates that prosper (and so become wealthy) understand blockchain but wouldn't invest. Those that go back on the dole queue and can't afford children all said that they would have invested in bitcoin.

Quote from: Karartma1 on September 20, 2017, 12:36:53 PM

Quote from: practicaldreamer on September 20, 2017, 12:18:47 PM

The correlation between wealth, power and opportunity and income is much greater than that between intelligence and income.
Much greater.

Dilbert's "Salary Theorem" states:

Quote

"Scientists and Engineers can never earn as much as administrators and sales people."

This theorem can now be proved mathematically:
Given:
Power = Work / Time and, Knowledge is Power
Substituting knowledge for power, we obtain: Knowledge = Work/ Time
If time = money, then: Knowledge = Work/ Money
Solving this equation for money, we obtain: Money = Work/ Knowledge
Therefore, as knowledge approaches zero, money approaches infinity, regardless of the amount of work done.

Conclusion: the less you know, the more you make.

Simple and clean

Been worth coming to this thread just for that Grin

Arriemoller

legendary

Activity: 2282

Merit: 1767

Cлaвa Укpaїнi!

Quote from: Torque on September 20, 2017, 12:42:08 PM

Quote from: mattimann on September 20, 2017, 12:39:03 PM

Uaaahhh... Guys, wake me up when we come back to the BTC Topic...

Oh yeah right. Bitcoin hit 4050!

^{Too soon?}

LOL

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: mattimann on September 20, 2017, 12:39:03 PM

Uaaahhh... Guys, wake me up when we come back to the BTC Topic...

Oh yeah right. Bitcoin hit 4050!

^{Too soon?}

Arriemoller

legendary

Activity: 2282

Merit: 1767

Cлaвa Укpaїнi!

Quote from: Karartma1 on September 20, 2017, 12:36:53 PM

Quote from: practicaldreamer on September 20, 2017, 12:18:47 PM

The correlation between wealth, power and opportunity and income is much greater than that between intelligence and income.
Much greater.

Dilbert's "Salary Theorem" states:

Quote

"Scientists and Engineers can never earn as much as administrators and sales people."

This theorem can now be proved mathematically:
Given:
Power = Work / Time and, Knowledge is Power
Substituting knowledge for power, we obtain: Knowledge = Work/ Time
If time = money, then: Knowledge = Work/ Money
Solving this equation for money, we obtain: Money = Work/ Knowledge
Therefore, as knowledge approaches zero, money approaches infinity, regardless of the amount of work done.

Conclusion: the less you know, the more you make.

Simple and clean

Pointy-haired is rich?

aesma

hero member

Activity: 2604

Merit: 961

fly or die

Quote from: realr0ach on September 19, 2017, 08:24:44 PM

John McAfee in Bitcoin is kind of the same problem the alt-right has, a leaderless organization/movement to expel Jewish usury parasites off the backs of humanity. Since there is no formal structure, a gay, Jewish guy named "Milo" just walks up and says "who's the leader around here? nobody? ok, looks like I am.".

Putting aside the racist parts of your rants, I don't see anything the alt-right is obsessed with that would expel usury parasites off the back of humanity. For starters they champion a billionaire president !

mattimann

full member

Activity: 245

Merit: 103

Uaaahhh... Guys, wake me up when we come back to the BTC Topic...

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

https://twitter.com/exiledsurfer/status/910550512659046400
https://t.co/TdkflQr6w0
can someone get the text of this for us please
@nic__carter 5h5 hours ago

Absolute must-read this morning from a man who reviewed Bitcoin code in 2008.

Karartma1

legendary

Activity: 2310

Merit: 1422

Quote from: practicaldreamer on September 20, 2017, 12:18:47 PM

The correlation between wealth, power and opportunity and income is much greater than that between intelligence and income.
Much greater.

Dilbert's "Salary Theorem" states:

Quote

"Scientists and Engineers can never earn as much as administrators and sales people."

This theorem can now be proved mathematically:
Given:
Power = Work / Time and, Knowledge is Power
Substituting knowledge for power, we obtain: Knowledge = Work/ Time
If time = money, then: Knowledge = Work/ Money
Solving this equation for money, we obtain: Money = Work/ Knowledge
Therefore, as knowledge approaches zero, money approaches infinity, regardless of the amount of work done.

Conclusion: the less you know, the more you make.

Simple and clean

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: Torque on September 20, 2017, 12:20:34 PM

Quote from: Arriemoller on September 20, 2017, 12:11:13 PM

Quote from: Torque on September 20, 2017, 11:53:33 AM

I'm not sure I understand the fallacy of high IQ == successful

I bet if you did a survey test of the top 1% or even 0.1% of earners in the world, you'd find that the average IQ was at or below 100. Or maybe 110 tops.

If anything, evil elite narcissist == successful

Not so fast. https://pumpkinperson.com/2016/02/11/the-incredible-correlation-between-iq-income/

I would agree that higher IQ == greater potential for success. That's a pretty obvious conclusion.

However, every millionaire boss that I've had in my life was cognitively dumber than a box of rocks. And pretty ignorant of worldly things. But they were narcissistic snobs and somewhat evil. So there's that. Undecided

Bosses like to boss people around. That's why they become bosses. Personality plays into that, it probably takes a certain degree of narcissism to get there in the current culture.

sirazimuth

legendary

Activity: 3388

Merit: 3514

born once atheist

Quote from: Ibian on September 20, 2017, 11:48:15 AM

Quote from: vroom on September 20, 2017, 11:34:12 AM

ooh and I thought this thread is about bitcoin

A common mistake

oh yeah.
it does occasionally fall into these damn rabbit holes,
mind you, I'm not complaining....

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: practicaldreamer on September 20, 2017, 12:08:49 PM

Quote from: Ibian on September 20, 2017, 11:56:57 AM

Quote from: Torque on September 20, 2017, 11:53:33 AM

I'm not sure I understand the fallacy of high IQ == successful

I bet if you did a survey test of the top 1% or even 0.1% of earners in the world, you'd find that the average IQ was at or below 100.

If anything, evil elite narcissist == successful

It's not that iq equals wealth, obviously anyone can luck into a rich dad. It's that iq equals the ability to generate wealth, on average. Which is why the jews own the banks and by extension the west, highest iq group in the world.

Social network effect + social confirmation bias + self fulfilling prophecy + Judaist cultural values lending themselves well to capitalism + various historical and cultural bias's regarding money lending/usury etc.

Not necessarily more intelligent, no matter what the IQ tests say.

Or maybe smart people just make smart choices. I know it sounds far out there but hey, wild ideas.

In any case, there is no getting around the fact that iq correlates with wealth. You can argue about causality if you want, but at the end of the day the result is what it is.

Quote from: practicaldreamer on September 20, 2017, 12:08:49 PM

The problem I have here Ibian is that you seem to be valuing 1) IQ and 2) wealth acquisition as the measure of the man. Its neither.

You win at life if you have grandkids. Money is a means to that end, and a requirement to do it well in the culture we live in, and a high iq helps in getting lots of it. Very simple.

Quote from: practicaldreamer on September 20, 2017, 12:08:49 PM

I do however agree that immigration policy should be based around the potential value added to society that the individual might bring.

Common ground!

Arriemoller

legendary

Activity: 2282

Merit: 1767

Cлaвa Укpaїнi!

Quote from: fluidjax on September 20, 2017, 12:17:14 PM

Quote from: Ibian on September 20, 2017, 11:47:08 AM

Quote from: fluidjax on September 20, 2017, 11:30:47 AM

Quote from: Ibian on September 20, 2017, 11:22:13 AM

Quote from: fluidjax on September 20, 2017, 11:15:20 AM

Quote from: Arriemoller on September 20, 2017, 10:46:22 AM

It's neither racism nor bullshit, It's a well known fact that the IQ of the population of the world varies quite a bit. Even the BBC made a program about it, see for yourself. https://www.youtube.com/watch?v=5JLH9OKMnbU

If you watch the program, you will see its far more complex than it first appears. , IQ tests are biased toward western inteligence & education, and societies racism suppresses achievement in non-whites. So, basically it is racism and it is bullshit.

How precisely can pattern recognition be biased towards anyone?

Recognition is subjective, which makes it clearly vulnerable to bias.

Gonna have to elaborate on that one.

"Recognition is subjective, which makes it clearly vulnerable to bias."

No, it says exactly what I mean, read it again, there is no elaboration needed, it clearly and precisely destroys your statement

What do you mean "Recognition is subjective"? Do you mean that where a westerner see a square someone else sees a circle?

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