BC LIFE
Saved by @SteveeRogerr

Why do we like blowing bubbles?

(This is not a bitcoin thread, go away)
1/

 So I'm not a “neurotypical” (a fact discovered late in life) and while we won't go into the details here, the net output of that fact appears to be that I'm wired to take a more… ‘zoological’ approach to understanding humanity.

Hence the quirky Animal Planet threads.
2/
The distance afforded by non-participation in certain things (the weakness) also occasionally lends itself to a bit more subtlety with pattern detection (the strength).

And so I started painting a picture about bubbles.
3/
And in my mind’s eye there formed a cluster of ladybugs. They were happy, far from from eating aphids, and content on their beautiful tree.

And then one started flapping.
4/
At first the other ladybugs ignored it, but after a time its persistence was intoxicating.

And so a few more flapped.

And as is the way with exercise, certain endorphins were released

And it felt good to flap.
5/
And before long the tree was like the ladybug equivalent of CrossFit: everyone was doing it and getting hella jacked.

The tree was abuzz, and the energy was bright and intoxicating.
6/
But a few ladybugs didn't flap. They didn't like this new thing because they didn't understand it - the flapping had no logic.

But the flapping wasn't about logic, it was about feeling good.

So the non-flappers were wrong, in a way.
7/
For some time things continued this way, and much joy was produced by the flapping.

Except for the non-flappers, who still just ate their aphids and did their non-flappy things.
8/
And then autumn came, and with it a beautiful crispness.

But the aphids were less plentiful.

And so the flapping began to feel less good, for there was less fuel for it.

And the buzzing dimmed.
9/
And before long the ladybugs, more focused on sustenance, had ceased flapping altogether.

While most of the ladybugs rushes around in a provisioning frenzy, the non-flappers were calm, still fat with their stored energy.
10/
And as these things go, the non-flappers declared that they had been right all along.

Clearly non-flapping had been the prudent, safer play.
11/
But were they right?

Foe they also had missed out on the beautiful euphoria of the flap, stoically sacrificing it for a calmer, more serene experience over time.

Perhaps in the end such things are a matter of appetite.
12/
And that's what makes a market.
/13
Oh hey - we're gonna talk about bubbles and such on @RealVision soon!

Stay tuned; some fun stuff lined up.

More from Travis Kimmel

Travis
Travis
@coloradotravis
QE, Liquidity Removal, and the Alchemy of Money

I’ve been watching @MetreSteven say stuff like “QE removes liquidity” on here for a while after which people sort of stare blankly or roll their eyes.

Let’s give it one more go, via a traditionally quirky explainer.
1/

At the heart of every monetary system is an act of alchemy.

Let us start by describing this act: the act of monetary creation.

At the center of alchemy lies the Philosopher's Stone - the prime reagent for money creation.

For a long time this was gold.
2/


For if you had gold, you could lend against it.

From the Philosopher's stone of gold, we could spawn two things:

1. Circulating money
2. Debt

Money and debt are twins, both born of the philosopher's stone and their fates forever linked.
3/


For you see, there are rules which govern alchemy.

An alchemist is only allowed to create a certain amount of money for each philosopher's stone.

And the Debt was greater than the Money (due to interest), making the system inherently deflationary.
4/

And this deflationary nature drove the people to want more money in circulation.

So the rules of alchemy were evolved to allow each stone to create more money (fractional reserve banking).
5/
MACRO
Travis Kimmel
Travis Kimmel
@coloradotravis
Let’s talk about money and the State (Sovereign).

Since everyone constantly gets this wrong.
1/

So look: there never was a barter-centric state of nature.

That’s a nice story but when we look at the historical record, it’s just flat out false.

In point of fact:

- Debt predates money.
- Money predates barter.
2/

The way the Sovereign first got involved with debt was something like this:

King: “If you don’t give me 3 goats during harvest season, my soldiers will come burn your fucking house down.”

And in this way, the King originated a debt.

By fiat.
3/

But moving goats around sucks (horrible creatures) and is just sort of logistically annoying, so a new plan was devised, like this:

King: “Same deal with the soldiers and the burning and the profanity, but now it’s 50 pieces of silver instead of goats.”

Presto! Money!
4/

Money is a token that settles debts - always has been. The reason it’s useful is because it allows society to function like an abacus with N players.

In lieu of just the sovereign playing debt, these tokens are ‘debt settlement bearer assets’ which allow…well... the economy
5/
SOCIETY
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Travis
Travis
@coloradotravis
It's endlessly fascinating how economic datapoints get interpreted.

When I was in charge of a P&L, the guy who ran Finance for us and I had what we called the 'shelf plan.'

There were maybe 3-4 of us who knew it existed.

What's a shelf plan?
1/

Well it's a plan you keep on the shelf (full FP&A model), that you hope you never have to use.

It reduces forward hires, cuts back various line items (typically ad spend, travel, that sort of thing).

Oh, it also has a big fat RIF in there.

That's why we don't talk about it.
2/

Why have a plan instead of winging it?

Because this is where companies (particularly young companies) sometimes err. They do little cuts - 2-3% here and there, preserving as much headcount as they can, that sort of thing.

This is incorrect.
3/

If you're at the point where you need to make material changes to your forward P&L, at 2-3% RIF will be followed by another.

And another.

And this series of progressive cuts will cripple morale, incrementally reducing the productivity of the staff you retain to survive.
4/

And so the shelf plan cuts deep.

Your goal is to go from being a peacetime machine to a wartime machine, so you gotta lean out quick. Can't do that without a plan, hence the need to have one.

~30% cut is what you need.

And then you need to tell everyone left they're safe.
5/
BUSINESS
Travis
Travis
@coloradotravis
@evan_lorenz Exactly this.

Plus in a gold-based system, smaller entities (SMBs or sole proprietors) could presumably even self-custody to reduce the carrying cost of gold to zero.

This is not possible with bitcoin, in which one owns a share of a collective and equally distributed liability.

The hilarity of all this, to me, is that Bitcoin makes the most sense if viewed as a Marxist worker’s rebellion.

The central promise is UBI: buy tokens that increase in value forever, granting you wealth for doing nothing.

And the cost is the future.
MACRO
Travis Kimmel
Travis Kimmel
@coloradotravis
After much investigation and conversations with people on here, I’ve formed a relatively robust theory of what may be happening with Tether.

This thread will attempt to lay it out with neutral language for the purpose of discussion.
1/

Before we start, please note that ‘robust’ doesn’t mean ‘accurate’, it just means that:

1. the theory is internally consistent
2. it accounts for participant behavior

…but it’s important to remember that this is still hypothesis-stage thinking.
2/

First, let us note that the BTC ecosystem has clearly stated goals. They believe that:

1. Bitcoin is a new global reserve money.
2. They intend to create an alternative financial system around it.

Let’s just take them at their word and assume that’s directionally accurate.
3/

Next, a postulate: most people do not understand the current monetary system very well. This is exemplified by the “BRRR” meme and other variants of thinking which presume that the Fed prints money.

That’s not how the system actually works, as discussed elsewhere.
4/

In reality, what’s happening with the Fed is a bit more subtle and involves various forms of duration swaps and clerical activities that the populace at large gives more credence than those activities actually deserve.

Money is very complex.
5/
FOR LATER READ

More from Life

\uc2e0\ub150\uc758\uc0ac\ub098\uc774
신념의사나이...
@Belposto_korea
The Transition from the old to the new.

The QFS is alive and doing its snoopy thing, but it is not yet active with accounts. How is the old going to transition to the new? This is a good question./1

The QFS must be active when the RV/Redemption takes place because all RV and Redemption funds will be placed in the QFS as gold-back currencies in the currency of the nation where the RV or the Redemption takes place./2

This is the Global Currency Reset that all countries will go through when the funds are released. The RV funds are released and deposited into QFS accounts as gold-backed currencies; thus the Global Currency Reset./3

Keep in mind that this Global Currency Reset means the world has reset their currencies to the whole new system of finance for the world.
There will be no fanfare or public announcement when the QFS is activated./4

There are those in the financial industry who will know or suspect that the QFS has been turned on but there will be very few “tells” that it has been activated and fully functioning. The alliance wants this to be seamless./5
LIFE
Steve Stewart-Williams
Steve Stewart-Williams
@SteveStuWill
THREAD: 12 Things Everyone Should Know About IQ

1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE


2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n


3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)

(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)


4. IQ predicts many important real world outcomes.

For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3


5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
LIFE
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David Rothkopf
David Rothkopf
@djrothkopf
If there is one thing I have learned it is that people love bullshit. They buy bullshit stories from professional bullshit artists, accept bullshit philosophies, purchase bullshit how-to-books, vote for bullshitting politicians.

At first, I resisted believing this because it is illogical and dumb and frankly, doesn't reflect well on the human race of which I am a member (and thus have long been hopeful that it is more of a distinction than it actually turns out to be.)

But if you actually are interested in facts you begin to notice how little most people care for them. Sometimes it is because they are heard to learn and bullshit is so much more widely and easily available. Sometimes it is because facts make them uncomfortable about themselves.

Sometimes it is because just one tiny fact will upset a whole worldview that has grown as comfortable as an overstuffed chair. (Settling into such worldviews is a lot like settling into chairs like that because the longer you're there and the deeper you sink...

...the harder it is to hoist yourself up and out of your fat-assed intellectual laziness.) But I actually think the reason people have such an appetite for bullshit goes deeper, goes to an aspect of ourselves we just can't accept.
LIFE
Anshul Pandey
Anshul Pandey
@Anshulspiritual
MEANING, EXPLANATION & INTERPRETATION OF YOUR DREAMS, ALSO ITS EFFECTS IN COMING DAYS

Sigmund Freud had explained the interpretation of dreams in the last century, but our scriptures explained this thousands of years back. What is the significance and meaning of our dreams.


These are explained in Kanv shakha of our scriptures.
Dreams in the first quarter(पहर) of the day give result in one year, if the dreams are in the second quarter(प्रहर) the results are in eight months, for third the dreams are fulfilled in three months,

the fourth one takes one fortnight, the dreams of dawn take ten days, morning dreams after you awaken after dream are fulfilled forthright.

If you dream during your tense and worrisome period those are never realized. People with Negative traits never get their dreams fulfilled.

Also your dreams will never be realized after you get up from a dream and then go to sleep again. Never narrate your dreams to others.

You will gain wealth if you see the following things in your dream- cow,elephant, horse, palace, climbing mountains or trees,

eating and crying or injured.

You will attain more land if you see someone
singing with veena in his hands.

You will attain amrit if you see yourself entering a red sea or entering into narak.
LIFE
(I'm done)\u207f
(I'm done)ⁿ
@Shayonnita15
I met her, a couple of Feb 14s earlier, on the way back home. It was post-9pm, the compartment was empty, save one girl.

She was dressed up—dress, heels, lipstick—the whole deal. She quickly wiped her tears when I walked in, switching to looking out, resolutely.

THREAD.

I tried doing nothing for a few stations, but then, restless about all the grief that came off her, took the bench opposite hers, finally.

“All okay?” I asked.

She hesitated. Blinked.

“Valentine’s Day,” she replied, sadly.

“Date didn’t work out?”

“He dumped me!”

2.

I winced. An asshole with no respect for symbology!

She rubbed her nose, looking both sad and angry.

Tired from a day of work, I groped for words. What could I say that would help?

"Maybe if—," I began, but she cut me:
"How many times will this same thing happen to me?"

3.

"Every time I like someone, they turn out to be assholes. I was so happy I wasn't single on Valentines' Day. FINALLY. But this is WORSE! I dressed up so much. And went all this way from home... And he, and he..."

Turns out, I realised, one doesn't need to say much.

4.

All sad people on Valentines' need, is a listening ear.

Till, five stations of ranting later, they ask, "So YOU tell me, WHY should I believe in love?"

Interrogated thus, in a local train corner, I felt... cornered. Why should one believe in love, I wondered?

5.
LIFE

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Professor
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So friends here is the thread on the recommended pathway for new entrants in the stock market.

Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..

First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their

Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.


Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually

Dow theory is old but
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Mo Rajabifard
Mo Rajabifard
@morajabi
👨‍💻 Last resume I sent to a startup one year ago, sharing with you to get ideas:

- Forget what you don't have, make your strength bold
- Pick one work experience and explain what you did in detail w/ bullet points
- Write it towards the role you apply
- Give social proof

/thread


"But I got no work experience..."

Make a open source lib, make a small side project for yourself, do freelance work, ask friends to work with them, no friends? Find friends on Github, and Twitter.

Bonus points:

- Show you care about the company: I used the company's brand font and gradient for in the resume for my name and "Thank You" note.
- Don't list 15 things and libraries you worked with, pick the most related ones to the role you're applying.
-🙅‍♂️"copy cover letter"

"I got no firends, no work"

One practical way is to reach out to conferences and offer to make their website for free. But make sure to do it good. You'll get:

- a project for portfolio
- new friends
- work experience
- learnt new stuff
- new thing for Twitter bio

If you don't even have the skills yet, why not try your chance for @LambdaSchool? No? @freeCodeCamp. Still not? Pick something from here and learn https://t.co/7NPS1zbLTi
You'll feel very overwhelmed, no escape, just acknowledge it and keep pushing.
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asif
asif
@aj_raja
PAKISTAN-INDIA WATER ISSUES – HOW INDIA STOPPED WATER IN PAKISTAN's CANALS IN 1948

Thread

After partition in 1947, the water system was also bifurcated between Pakistan n India.

India cheated Pakistan when on April 1, 1948, India suddenly n without warning stopped...
1/n


...the supply of waters flowing into Pakistan's Central Bari Doab and Dipalpur Canals.

The boundary award on the partition of the sub-continent had left the headworks of these canals in Indian territory, and in accepting it India had implied her willingness to leave...

2/n


...the historic distribution of common waters undisturbed.

India's action was therefore in flagrant disregard not only of international law n morality, but of her solemn commitments with Pakistan and a gross violation of this country's historical rights over common waters.

3/n

Faced with a threat of utter desolation of millions of acres of fertile land, Pakistan had perforce to sign a document with India in which she agreed to "India's progressively diminishing water supplies to these canals and to the West Punjab government's tapping...

4/n

...alternative resources".

A specific reservation was made in the document with regard to India's claim that she had full property rights over waters flowing into her territory, and could therefore use them as she liked.

The issue was, however, to be examined...

5/n
INDIA
Brian Cates
Brian Cates
@drawandstrike
A lot of people don't understand that Trump & his incoming team didn't face a normal transition period, like it was over a in a matter of a few weeks or months.

The DOJ transition period JUST ENDED when Sessions left. Almost 2 exact years to get it there.

Pompeo at the CIA took over a year before he was done and ready to shift over to the State Department.

All kinds of stuff has been going on behind the scenes nobody leaks or talks about.

We only had the barest mention of the fact the Clinton Email investigation restarted

Nobody leaked in a year that Huber was deep diving into the Clinton Foundation.
Keep that in mind as all the usual suspects continue to INSIST nothing is happening/going to happen.
POLITICS
Arif Hasan\U0001f1ee\U0001f1f3
Arif Hasan🇮🇳...
@arifhasan18
5 star RSI Strategy by @VishalMalkan

Unconventional approach of 60-40 RSI and range shift concept.

According to him,
whenever the market is bearish,
it won’t be able to cross 60,
and whenever in a bullish trend,
it won’t be able to cross 40.

Like & Retweet for Maximum Reach.

So, instead of the 70-30 Relative Strength Index,
we will use the 60-40 range for the RSI indicator for this strategy.

When the
Monthly and Weekly RSI>60,
& when the RSI takes support at 40 in the daily chart,
it may bounce back and most probably it will not go below 40.

If a bullish candle is formed at the 40 RSI level,
the prices may bounce back, and one can enter the stock.

The stoploss can be placed at the low of that bullish candlestick,
and the target can be the 60 RSI level.

When the
Monthly and Weekly RSI<40,
& when the RSI takes resistance at 60 in the daily chart,
it may bounce back and most probably it will not go above 60

If a bearish candle is formed at the 60 RSI level,
the prices may bounce back from there, & 1 can enter the stock 4 shorting

The stoploss can be placed at the high of that bearish candlestick, and the target can be the 40 RSI levels.

#banknifty

This range shift concept can be applied in any timeframe,
whether intraday, daily,weekly, etc.
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