BC TECH
Saved by @zmbnski

I want to explain what happened to tumblr overnight. And why Twitter as reached it's dream (or have come ever so close to it)

 Yahoo, who bought Tumblr years ago, used to have a huge adult presence on the early net. They allowed adult groups and what not.
However, people and bots (just like now) misused the service, and Yahoo were forced to make a choice. They made private the groups (and later closed them down and sold some of it to other companies) and then ended their chatrooms on yahoo messenger...
after a incident with one of the chatrooms vid cams. The damage was done, Yahoo Messenger lost a lot of people - and with the closing of the groups - backpage and Craigslist came more important.
Now backpage is no more and Craigslist is slowly passing away. Tumblr had a semi strong community, but once 2014 came around and both porn, and political bots exploded the quality started to go down,
Apple finds out damaging information about the Tumblr App, which just a reskin of the main website, Apple takes it down. Verizon, the owners of Oath, who owns Tumblr, went holy roller on the site. Most of the artist pages and other work from anime and animation were wiped.
Now we find out that TUMBLR had a secret filter data base...with the FBI and others. Yall should know the reasons why. Not only they know who the bad men are, the fact Tumblr didnt tell local agencies about this and who doing dark shit is a red fucking flag.
That not the worst thing. The worst thing is that Tumblr took down legit shit too that wasnt even close to bad shit. This has become a problem, and now with most of the stuff people want to see gone, only leaving the toxic nature of the conversation left... Tumblr is done.
But that leaves something important. It deals with Twitter. For years the dream of many of these now mega Silicon Valley CEO's was to Copy the power and ease of use somewhat of 2Channel, or more known as 2Chan.
4Chan was made some years later - but there were competition between other boards. 4Chan was the freest space (or at least one of it) on the net for a while...
Until Poole betrayed the base. Now he works as Google as it were, but he has made a mess of things there as well. 4Chan is about to split up last I heard between a 4Channel sfw and the 4Chan nsfw...
Even with 4Chan being the bad guy of the internet - full of dark dank memes and what not - aspects of it these SV CEO's and VC's love. This is where twitter comes to play and dont you realize that the dream is about to come true?
With 4Chan diminished, Tumblr finally on its death throes, Mastodon not ready for Prime Time as of yet. Gab not sure if its going to be for free speech or not... the only one left is Twitter. Twitter wants to become bigger than 2Channel ever was and it might yet do so.
Think about how Twitter Looks and How 2Chan operates. The ideas are nearly the same even if the constrictions are there.
And guess who gets all the straggerlers from Backpage, Creiglist, Tumblr and other places.
Twitter. Twitter becomes the world wide version of 2Chan.
That was the goal.
There nearly there.
And it was all because of sex and sex in abundance.

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The new 12.9" iPad Pro is physically smaller than the old one with the same screen size. It's roughly the same size as an 8.5 x 11 piece of paper. 5.9mm thick.

10 billion transistors in the A12X. 8-core CPU. 7-Core GPU. 35% faster single-core performance. 1000x faster GPU. iPad Pro is Xbox One S class GPU performance in "94% smaller" package, Ternus jokes.

Apple's silicon team is just dropping bombs every event.

live shot of Apple's silicon team


iPad Pro gets USB-C for up to 5K external displays and enables charging out to iPhones. Wild.
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Zen Black
Zen Black
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1/ Thread: "A Silicon Valley Ponzi Scheme"

Thanks to @chamath for laying this out in Social Capital's 2018 annual letter.

I've always appreciated his outspokenness.

2/ The hardest thing for most startups today is the path to market: first finding product-market fit & a way to reach customers, then building a ruthless machine to acquire, monetize & retain them.

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Patrick McKenzie
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It’s underremarked upon that stablecoins accomplish basically all of the original design goals for Bitcoin qua a transactional mechanism (instant free value transfer anywhere), but that nobody cares about this because nobody ever cared about that part of the pitch.

“Why do people care about stablecoins then?”

A mix of “they encourage dollar-denominated liquidity in the cryptocurrency ecosystem and discourage withdrawal of the same” and “they’re good for money laundering.”

“But they make value transfer between exchanges much faster!”

This was a solved problem in traditional finance, too, mostly through the extension of credit. (It doesn’t matter how long settlement takes if there is sufficient trust to enable credit.)

The Bitcoin ecosystem is *positively allergic* to credit, so you have to call it a coin for them to accept it. And after you call it a coin they ignore everything the world has learned about credit, like risk management.

“Stablecoins aren’t credit!”

They’re pretty much exactly credit? A tether is a zero-coupon Bitfinex bond with a non-functioning call option. I
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The Captain
The Captain
@TheCaptain182
What an amazing presentation! Loved how @ravidharamshi77 brilliantly started off with global macros & capital markets, and then gradually migrated to Indian equities, summing up his thesis for a bull market case!

@MadhusudanKela @VQIndia @sameervq

My key learnings: ⬇️⬇️⬇️


First, the BEAR case:

1. Bitcoin has surpassed all the bubbles of the last 45 years in extent that includes Gold, Nikkei, dotcom bubble.

2. Cyclically adjusted PE ratio for S&P 500 almost at 1929 (The Great Depression) peaks, at highest levels except the dotcom crisis in 2000.

3. World market cap to GDP ratio presently at 124% vs last 5 years average of 92% & last 10 years average of 85%.
US market cap to GDP nearing 200%.

4. Bitcoin (as an asset class) has moved to the 3rd place in terms of price gains in preceding 3 years before peak (900%); 1st was Tulip bubble in 17th century (rising 2200%).
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Joe Natoli
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@joenatoli
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(1/12)

Avoiding wars with clients is a matter of how you structure your engagements, along with how you spell out what you're doing in your proposals/contracts. That starts with estimating.

The biggest 2 rules I follow are these:

(2/12)

1. I do not EVER estimate a project in full from start-to-finish.

2. Once we're past initial Discovery (see below), I estimate in small chunks, e.g. "here's what will take us to the next iteration/review."

(3/12)

NEVER estimate past the point where you may get new information based on a build/test cycle.

Believe me when I say that you'll be wrong every time. Ask me how I know ;-)

(4/12)

So instead, first, I estimate a Consult/Discovery part that details what I think we need to do to get a handle on what's actually wrong here, and how long that will take.

For example...

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If u are looking to enter a scrip just before the breakout
what would u look for?
How would u identify scrips just before breakout?

Here are a few pointers
Carefully understand the them and use at ur own discretion
(All comments r compiled from a question i posed)

1/23

Price is testing the same resistance repeatedly since long.
But now in recent times it's forming multiple candles near the same resistance with low volume.
Observe it and see for opposite move.
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2/23

1. Volume buildup (vol > when resistance point created) along with, increase in OI, increase in delivery % on HTF
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3. No major events.

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Stock reaching breakout LVL with HL-HH
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Number of wide range green bars with high volumes.
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Consolidation below the resistance, volume of the candles & strong bullish candle closing at near highs just below the resistance

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Surfed the web aimlessly.

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ACTION #1: Break the chains - I wish I made the decision earlier. I didn't. I was scared. Anxious. Nervous. I knew once I made the decision, there was no going back.

Don't be like me.

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Scroll through the contacts in your phone...

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Consume 20% of the time. Produce 80% of the time.

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ACTION #4: Set an intention to make $10k a month and write it out every MORNING and NIGHT as if you already achieved it (in the past tense).

Visualize yourself already having the money as you write.

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[ a thread ] 💻🏠🌍

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