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1781  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 09:15:39 PM
Sometimes I seriously wonder if people have some unconscious desire to be poor and mediocre. I just cannot fathom how somebody could wish to be more than they are without trying to work towards that goal with even the tiniest increments.

This bothers me a lot about people. I can't get why they are not willing to change up their lifestyle and mindset to reach the goals they desire. My theory on why so far, is that they are easier satisfied and they are happy enough with things staying like the way they are. Therefore don't feel the need to work on oneself. Some people just don't need much in life and are perfectly fine being mediocre. It's something that I sometimes I admire in people, the simplicity of being satisfied with less.

It's a matter of perspective. Some may find the persuit of riches a display of emptyness of the soul, and poor, in a spiritual way. Mediocre, so to speak.

My GF will never ever be rich. She works with the elderly in a nursing home. Pays shit and is totally brutal in all kinds of ways from time to time. On the other hand very rewarding too, the people she takes care of are often very grateful (when they're not flinging their own feces because they're so demented they think that is the only way to defend themselves from the strangers they find themselves surrounded with).

I could never ever do that kind of work, respect her very much for it. Find it a lot harder to respect people who think they are better because they are richer.
I would even go as far as arguing that rich people who think they're better than others are the biggest retards of all for having "made it" without learning anything whatsoever along the way.
1782  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 09:14:22 PM
Hopefully not to the tee. If the timeline was the same we'd be quite far off from mainstream adoption. Wouldn't mind seeing it a bit earlier than that. Wasn't the internet fairly unpopular until 2012ish and on? Don't really remember when it exploded anymore since I kept doing my thing unphased.

Not sure of the year but I think it exploded when the 56k modem finally arrived and you didn't have to wait 30 minutes for a playboy pic to load anymore.
Maybe the US was different, but I remember the internet still being very much fringe even when the first DSL flat rates were just coming out.

Sometimes I seriously wonder if people have some unconscious desire to be poor and mediocre. I just cannot fathom how somebody could wish to be more than they are without trying to work towards that goal with even the tiniest increments.

This bothers me a lot about people. I can't get why they are not willing to change up their lifestyle and mindset to reach the goals they desire. My theory on why so far, is that they are easier satisfied and they are happy enough with things staying like the way they are. Therefore don't feel the need to work on oneself. Some people just don't need much in life and are perfectly fine being mediocre. It's something that I sometimes I admire in people, the simplicity of being satisfied with less.
But why would they complain so much if they were satisfied? And why would depression and suicide rates both be climbing?


That is a very good question, but we cannot just assume that it's because the whole population of the poor and mediocre are all depressed and suicidal deep inside. Even smart people seem to be more likely to be depressed and doubt one self. Because they tend to live more in their head and overthink things.

With the arrival of the information age I think we have produced way more smart people than ever before. The internet has become such a powerful tool to educate yourself, anybody with an cellphone has a tremendous amount of knowledge in their pocket. Too bad many people choose to not use it to it's fullest potential. So that could be one of the reasons why depression and suicide rates are climbing. I'm not sure I have not done research on this matter.

I overthink 24/7. It's what I enjoy the most, even when it gets frustrating at times. Also, having information available or even knowing it by heart doesn't mean that you're going to be great at assimilating it or at creating things by drawing from your knowledge and reshaping it into something new. It's why schools utterly fail to produce outstanding people.

But you're right, depression isn't just common among mediocre people. I believe there was a study that concluded that people with much less (e.g. those that are basically starving and have nothing) tend to be happier on average than people in first world countries. Not sure how rigorous that study was though.
1783  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 08:48:47 PM
Hopefully not to the tee. If the timeline was the same we'd be quite far off from mainstream adoption. Wouldn't mind seeing it a bit earlier than that. Wasn't the internet fairly unpopular until 2012ish and on? Don't really remember when it exploded anymore since I kept doing my thing unphased.
1784  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 08:20:17 PM
Sometimes I seriously wonder if people have some unconscious desire to be poor and mediocre. I just cannot fathom how somebody could wish to be more than they are without trying to work towards that goal with even the tiniest increments.

This bothers me a lot about people. I can't get why they are not willing to change up their lifestyle and mindset to reach the goals they desire. My theory on why so far, is that they are easier satisfied and they are happy enough with things staying like the way they are. Therefore don't feel the need to work on oneself. Some people just don't need much in life and are perfectly fine being mediocre. It's something that I sometimes I admire in people, the simplicity of being satisfied with less.
But why would they complain so much if they were satisfied? And why would depression and suicide rates both be climbing?


I have a bank account and some credit cards with just enough to pay the bills. The rest are in crypto. It's more convenient and you do build up a good credit rating or credit score if you pay off all your cards or keep utilization below 5%.

When you guys talk about credit utilization.... do you mean something like deferring payments instead of paying the bill at end of month?

Never knew anyone that would do that. Looks suicidal considering the extreme interest. I would expect someone having to resort to that type of credit to be on the verge of bankruptcy already. Same with the people leasing or buying cars on credit (although I know some of those).

If you have good credit, you can easily find offers of 12-18 months at 0% interest.
When bitcoin began tanking last month I opened one of these. I did the same in 2014.
Damn, I wish there was 0% interest available here. I'd load up hard.
1785  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 on: February 16, 2018, 07:55:12 PM
A kind notice: 2018 is the year of the dog in China, so probably we will see a big pump on dogecoin.  Wink

if it does not work this year and the price stays below $ 0.5! When is the next dog year in China? or next year I have to sell my token for a little satoshi  Grin I've been waiting for a big dog since december 2013. I hope not that only pluto comes with mickey mouse
Think it would hit 50 cents before the next year of the Doge if it stays pegged to Bitcoin.

Happy 'Year of the doge' everyone - didn't see the price surge the publicity could have given - I guess most of that was factored in during the November pump

lets see what 2018 brings for the DOGE!
Happy new dogeyear, lol
1786  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 07:27:34 PM
"I got into Bitcoin because I was a computer geek who loved the concepts of open-source software, peer-to-peer networking and cryptography."

"I had sufficient confidence in the importance of this new technology to not only hold on to all of my coins when the price dropped to $50, but to keep buying more."

"It was never about trying to get rich. It was about doing something good."

"All we can do is play the cards we're dealt as best we can."

I really have a man crush on your ideology Jimmie. Refreshing to know I am not alone.

Something else to ponder...This Wall we observe...this is a historical document..one wonders what will be thought about it in the future. Some of the replies and responses left here will potentially guide future generations.

Think about these things as you glibly type down what ever stray thought comes to mind. We are the forerunners of a paradigm shift in not only the world of financial markets but in the basic fundamental structure of society.

tl;dr  Raise the bar.
I actually love how the internet makes it much easier for people who feel disillusioned with their environment to find nudges towards a better future. Based on my environment I should be an envious bumbling idiot who complains about evil rich and successful people, not to mention overly arrogant and ignorant. Really glad I got into games and the internet at a young age, since I would've most certainly lost my drive otherwise.
1787  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 07:23:46 PM
Well..looks like everyone has been eating their Wheaties this morning....good...must be time for some game theory. Btfd's.

http://trust.fehradvice.com/
This is amazing.

I got some good advice once. Treat everyone the best you can when you first meet, and after that treat them how they treat you. In this particular game, that worked great.

Edit: I AM COPYCAT!
Brilliant intro into Game Theory. Wish schools sought out such ways to introduce students to concepts.

I'm mostly a copycat too. Nice to everybody I meet, then just adapt to their behaviour. There haven't been many cases where I'd cut someone off entirely for being a massive twat. Arguing with people can be tons of fun though, not to mention the intellectual exercise, so I don't mind hostile encounters as long as they don't get physical.
1788  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 05:56:45 PM
Can you actually pay utilities and the like in cash in Canada? Or how did you manage to get by without a bank account?

It used to be easier to pay with cash. If you went to the Toronto Hydro offices on Carlton Street you could pay a cashier in a wicket on the main floor. Not any more. The Rogers kiosk in the Eaton Center still accepts cash payments though.

Until I got the credit card, I used postal money orders to pay all my bills well in advance. I figured that by never having a late payment charge, it offset any paltry interest I might be missing from keeping my money in the bank. Instead the account credits I had at all the utilities served as money in the bank. By paying half a year's worth at once, I saved on the flat-rate money order fees, envelopes and postage.

Now I simply go to the bank that administers my credit card. Even though I don't have an account with them, they'll take my utility payments for a fee of $1 each. I still keep account credits though. As I said, money in the bank.

The banksters don't know what to think of me. I come waltzing in wearing my BTC ballcap and give them cash, only to find I don't have an account. Some of the flunkies tellers recognize the symbol on my cap and a few of them have struck up a conversation about it. One of them, obviously a real go-getter, even tried to talk me into selling some coins to "invest" in one of their fine financial products. LOL.
Lmao, yeah bankers really love trying to talk you into buying their crap. It's always fun to talk to them for ages just to slowly reveal that you know what they are up to and that their products are complete trash by introducing little facts in the form of questions one by one.
1789  Alternate cryptocurrencies / Tokens (Altcoins) / Re: █【ANN】【ICO】█【ICO LIVE】 ██ 🌟 BLOCKLANCER ██ JOIN GIG ECONOMY BOOM on: February 16, 2018, 05:26:29 PM
how do you think will from the remaining 11 days reach 6000 Ethereum?

I am a little convinced that it will all be achieved, hoping it will be a good project for the future
The soft cap was 1000 Ether, so the ICO was already a success. I would expect the contributions to accelerate towards the end though as a lot of people tend to buy at the last moment.
1790  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 04:45:55 PM
Agreed. But along with basic financial literacy coursework, the book "Rich Dad Poor Dad" should be required reading.
Just looked it up, saw a couple videos of the author on YT some time back. They were pretty much all spot on.

People think their careers will save them, that they will never end and their wages will always be increasing to take care of their current and future debts.

Until their career doesn't.
That's also something that I don't understand though. I don't expect anything to ever go right without my personal intervention so I'm always on the lookout for something that I could do better. Heck, even with my degree and skills I wouldn't trust a job in ML/Stats to last for the next 10-20 years without picking up a lot of extra skills along the way. Things move way too fast, especially now. And then there's always the little twats that play those bullshit games that could stunt your progress in a company and end up costing you years of your life in terms of advancing forward.
It just seems to be the most sensible to make sure that the worst case scenario in one's life (force majeure type events excluded) would be the minimum that one would consider passable as a living standard. Yet people keep demanding to be spoon-fed that standard without actively pursuing it.
Almost makes me wish that natural selection weeded them out, but then we'd have no worker ants, so maybe they're just necessary the way they are? Life's weird.
My take is that we are still living according to tribal instincts. Goes something like this:

The camp is a safe place, so far as that means anything in nature. It's where the women, children, weak men, cripples, sick and elderly stay.

Outside the camp is constant life threatening danger, but it is necessary to go out there in order to kill some food. That's what the strong and brave men do, the risk takers, the ones who provide for everyone.

Most people are campers. Weak, cowardly. r-types.

The few of us who make it big in some form or other, be it in business or investment or whatever, are K-types. We are willing to bet it all in order to gain everything.

Today, rather than have a sharp separation between the weak and the strong with associated duties and rewards, we all live in one big pile where the weak think they are entitled to the same as the strong, regardless of personal merit. That's why we always trend more towards socialism and communism, because everyone gets to vote. And here we are.
Pretty much. I just hate the idea of completely open democracy. If you're not capable of arguing pro and contra for both sides of any argument (even those that you disagree with) you shouldn't be allowed to vote due to a lack of objective and unemotional analysis, period. Not that voting matters, but yeah.

The camp analogy is quite nice, haven't thought of it from that exact perspective yet. Tribalism and "jungle-like" behaviour is quite apparent though, people seem to impulsively move away from anything that is unknown to them, just like someone who lives in the woods would instinctively seek cover when they'd hear a brush rustle.


Good morning Bitcoinland.

I see the battle for 5 digits continues... currently $10145USD/$12725CAD (Bitcoinaverage).

A day or 2 more consolidation before continuing up, perhaps?


Thanx. Saved it to read on the plane.

Just scanned through the intro and it seems right on. For me it seems to be just reinforcing what I already figured out for myself or learned at the school of hard knocks long ago.

Dropped out of art college in 1967, quit all 3 jobs I had in my life, 2 in less than 6 months, been job-free since 1977 (just say no) and have been living a fun life ever since.

Sure, I made some mistakes along the way. At one point I had 4 mortgages on 3 houses. Never again. The only way I'll ever have a mortgage again is if I'm the mortgage holder collecting compound interest.

I avoided owning a credit card for years but eventually broke down and got one (originally just to get a free t-shirt at the SkyDome!) which I only use for the internet, renting hotel rooms, cars, etc., and international travel. I pay it down immediately after using it. I'm proud to say Ive never received a statement with a payment due and never paid any interest except for a day or 2 on a cash advance.

I pay cash for everything possible and haven't had a working bank account for years.

I was doing just fine before Bitcoin earned me an obscene amount. Life is good.
Can you actually pay utilities and the like in cash in Canada? Or how did you manage to get by without a bank account?
1791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 04:08:30 PM

Btw, that video reminds me so much of this one:
https://www.youtube.com/watch?v=UlJku_CSyNg

Did we just have our normie entertainer "aha" moment?  Grin

Lol yes
now waiting for the real brains of the entertainment industry to get it
https://www.youtube.com/watch?v=LaHcOs7mhfU
David Bowie predicted in 1999 the impact of the Internet in BBC interview
I had no idea that Bowie was so articulate and intelligent. What a contrast to today's "stars".
1792  Alternate cryptocurrencies / Altcoin Discussion / Re: EU regulators : Cryptocurrencies can put you in jeopardy on: February 16, 2018, 03:39:29 PM
The stock market can put you in jeopardy too, but EU says nothing about it.
Because banks automatically deduct taxes. Smiley
1793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 03:30:10 PM
Just looked it up, saw a couple videos of the author on YT some time back. They were pretty much all spot on.
Free pdf version. Happy reading!
http://www.lequydonhanoi.edu.vn/upload_images/S%C3%A1ch%20ngo%E1%BA%A1i%20ng%E1%BB%AF/Rich%20Dad%20Poor%20Dad.pdf


https://twitter.com/TheEllenShow/status/964287117466640389
@TheEllenShow
If you want to know what bitcoin is, I learned about it. A bit.
https://www.youtube.com/watch?v=LS2BMxeHsv8
You know bitcoin is gaining mainstream traction when little boys on the idiot box feign ignorance in order to btfd.

Btw, that video reminds me so much of this one:
https://www.youtube.com/watch?v=UlJku_CSyNg

Did we just have our normie entertainer "aha" moment?  Grin
Thanks for the link! (I'd send you a merit but you're already legendary and I only have one sMerit left.)

Also, one of the comments on the video:


quelorepario
2 years ago
This is how I feel when I explain about bitcoin


Still true today, haha.
1794  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 02:47:58 PM
Agreed. But along with basic financial literacy coursework, the book "Rich Dad Poor Dad" should be required reading.
Just looked it up, saw a couple videos of the author on YT some time back. They were pretty much all spot on.

People think their careers will save them, that they will never end and their wages will always be increasing to take care of their current and future debts.

Until their career doesn't.
That's also something that I don't understand though. I don't expect anything to ever go right without my personal intervention so I'm always on the lookout for something that I could do better. Heck, even with my degree and skills I wouldn't trust a job in ML/Stats to last for the next 10-20 years without picking up a lot of extra skills along the way. Things move way too fast, especially now. And then there's always the little twats that play those bullshit games that could stunt your progress in a company and end up costing you years of your life in terms of advancing forward.
It just seems to be the most sensible to make sure that the worst case scenario in one's life (force majeure type events excluded) would be the minimum that one would consider passable as a living standard. Yet people keep demanding to be spoon-fed that standard without actively pursuing it.
Almost makes me wish that natural selection weeded them out, but then we'd have no worker ants, so maybe they're just necessary the way they are? Life's weird.
1795  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 02:32:03 PM
https://twitter.com/TheEllenShow/status/964287117466640389
@TheEllenShow
If you want to know what bitcoin is, I learned about it. A bit.
https://www.youtube.com/watch?v=LS2BMxeHsv8
You know bitcoin is gaining mainstream traction when little boys on the idiot box feign ignorance in order to btfd.
"Either you're going to be a millionaire or you're going to be totally broke."

Considering that most people on this planet are totally broke it should be obvious which course to take.

I'd starve myself just to make sure I could get some if I had to. Supposedly lower calorie intake is correlated with higher life expectancy anyways, so that would be a win/win.

What's really sad, is that the majority of sheeple living in first world countries and still carelessly spending their hard earned money, still don't even know why it's vital just to hedge against inflation. They believe that not building wealth is why they are broke, but never consider that not hedging against inflation after a decade or three is also why they are broke.

If people bought Bitcoin as merely an inflation hedge (i.e., only expecting an avg ~6% gain per year) instead of trying to "become a millionaire" they'd be much better off than not buying any at all.
It's also quite sad that financial literacy isn't being taught in schools, not even electively. And it could be easily taught in playful ways that anybody could pick up on too.


Sometimes I seriously wonder if people have some unconscious desire to be poor and mediocre. I just cannot fathom how somebody could wish to be more than they are without trying to work towards that goal with even the tiniest increments.
1796  Other / Politics & Society / Re: Whats the darkest truth / or Biggest lie you've been told? on: February 16, 2018, 02:27:15 PM
"A government serves its people and voting in politics matters."

A government by the people for the people has been vaporized and replaced with a shadow government who runs the world like puppets.

Voting in politics reminds me of George carlin telling everyone that voting doesn't matter and they're all dumb for doing so.

When I still went to school literally all of my peers insisted that voting mattered. I kept taking apart all of their arguments whenever they tried to get me into voting but they just couldn't get over chanting propaganda like some sort of mantra.


Merited for actually engaging and not just spamming random shit by the way.

appreciate it. Yeah i remembered when i was younger too , People would force voting for someone down my throat and all i really wanted was to be left alone in peace. Of course as i grew up , i started seeing politics as a game of power for the elite and seeing each party ramble on and on about how theyre going to change shit etc...But nothing ever happens.

Example , Justin trudeau said back in like 2015-16 that he would legalize marijuana...Still no legalization yet. Now it's going to be July 2018... Which is like 2-3 years which could have been a VERY profitable year for Canadian businesses. Of course , now the government wants to grow all of our medicine , which i think is a nono personally...

But yeah , besides the point , Politics is not something i care for , nor do i think it matters. The only thing that really matters perhaps...Is Money. It makes the world go around , and it makes everything work. Imagine what society would be like , for instead of learning english for 12 years of your life (I'm canadian) we learned how the monetary system worked , and how central banks work , and what "Quantitative easing worked" ...

I wonder what would happen then to society if they figured out we were getting played and politicians can't do shit about it?
Politics would be important if it was a collaborative process and if intelligent people were at the heart of it, which overwhelmingly does not seem to be the case. Governments matter when it comes to choosing a country to live in though. I wouldn't want to be in the Middle East, ever. And Europe with its insane taxes is pretty bad too. It's quite difficult for me to pick a place to retire in though, the US is a shitshow, Europe is garbage, and Canada is riding up its deficit massively.

And I don't feel like people generally care about how the world or anything within it really works. Seems like most prefer being tranquilized by easily consumable entertainment, which incidentally is being used to shape average opinions. It's not really that hard to learn about money, a kid could literally do it just fine and be more (financially) successful at 18 than most adults ever will be in their life.
I also strongly disagree with public education. I would never send my kids to school unless they specifically demanded it and could reason very thoroughly why they consider it beneficial to their development after being confronted with all relevant facts.
1797  Other / Politics & Society / Re: Whats the darkest truth / or Biggest lie you've been told? on: February 16, 2018, 02:09:41 PM
"A government serves its people and voting in politics matters."

A government by the people for the people has been vaporized and replaced with a shadow government who runs the world like puppets.

Voting in politics reminds me of George carlin telling everyone that voting doesn't matter and they're all dumb for doing so.

When I still went to school literally all of my peers insisted that voting mattered. I kept taking apart all of their arguments whenever they tried to get me into voting but they just couldn't get over chanting propaganda like some sort of mantra.


Merited for actually engaging and not just spamming random shit by the way.
1798  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2018, 02:05:59 PM
https://twitter.com/TheEllenShow/status/964287117466640389
@TheEllenShow
If you want to know what bitcoin is, I learned about it. A bit.
https://www.youtube.com/watch?v=LS2BMxeHsv8
You know bitcoin is gaining mainstream traction when little boys on the idiot box feign ignorance in order to btfd.
"Either you're going to be a millionaire or you're going to be totally broke."

Considering that most people on this planet are totally broke it should be obvious which course to take.

I'd starve myself just to make sure I could get some if I had to. Supposedly lower calorie intake is correlated with higher life expectancy anyways, so that would be a win/win.
1799  Other / Politics & Society / Re: Fastfood can potentially Kill Us! on: February 16, 2018, 02:00:49 PM
There's just one cause of death: Life.

Live as it fits you, life can't be a condemnation where you've to be alive even if you are doing things that gives you no joy at all of living.
They're pretty much the same thing. Death seems more like a phase transition than anything else.
1800  Other / Politics & Society / Re: Would you help solve many global issues with Returns? on: February 16, 2018, 01:59:44 PM
World hunger / Climate change / Cleaner water

I would say if you could solve just those three problems, you would have so much money thrown at you, it wouldn't matter what society thought.   Wink
I wouldn't be surprised if such a person had so much money thrown at them that people would end up killing them because they supposedly trampled all over the humanity to make profits. Companies that sell drinking water and groceries are already considered the devil, even though we'd all be fucked beyond repair without them. Could they be better? Without a doubt, but improvements take time.
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