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181  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 22, 2018, 01:39:40 AM
I see a Bart forming on the charts.





Kinda. If you men democrats and republicans. But left wing thought and right wing thought is much much bigger than dems and republicans. It is quite old. It is essentially a question of do you want to be ruled by a surrogate mother or a surrogate father.
182  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 20, 2018, 08:10:43 PM
Owow, delisting monero on polo would be a bad thing I guess?

Is polo still relevant at all?
183  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2018, 03:33:08 PM
The island we are looking at is closer to the equator than Tahiti. But the reason such a storm made such news in 2010 is that they hardly ever get those here.

Do you have a website or a blog or anything about this project? I would like to stay up to date with developments.

https://www.blue-frontiers.com

They have several video blogs, telegram, Facebook, etc.

Oh, yea, I've seen this before. I just dismissed it because of the shitcoin. If it is a serious project then be careful because the shitcoin makes it look really really sketchy.
184  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2018, 05:01:36 AM
I'm not buying it. Asteroid gold mining wont happen. That is the worst argument ever conceived for future abundance of gold.

All you have to do is send an autonomous vehicle out there to subtly nudge an asteroid so that it's new trajectory crashes it into your remote wilderness land. I don't see why people think that's so far fetched.



Aliens would understand bitcoin. Because that's how their money works.

#alientech
#satoshiwasanalien

I don't suspect that capitalism just stops working in an extremely technologically advanced society (even if they have something like a replicator) but I do suspect that it may become dangerous. Anything that is powerful is dangerous. Advanced technology is probably so powerful that it's already extremely dangerous on it's own. Capitalism could be like throwing gasoline on that fire.



The island we are looking at is closer to the equator than Tahiti. But the reason such a storm made such news in 2010 is that they hardly ever get those here.

Do you have a website or a blog or anything about this project? I would like to stay up to date with developments.
185  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 19, 2018, 05:44:08 AM
Dash is freeze in poloniex, why?

It's now been over  hours, so the Pollyannas' excuse of "it's just an upgrade" looks increasingly implausible with every passing minute (so much for "muh fast synch time").



Dash is beclowning itself at the protocol level.

It's a nice change from Dash's usual practice of beclowning itself on the governance layer; very innovative!

When you backport 10,000s of commits from Bitcoin Core while suffering massive code drift due to believing Roger/Jihan/Craig anti-RBF+segwit FUD, something is going to break eventually.  Especially when you bolt on a proof-of-stake Masternode kludge layer.

You are still at this icebreaker? You are a machine.
186  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 19, 2018, 05:28:05 AM


We all got so strongly reprimanded for being so off topic that none of us want to get in trouble again, but also talking about the wall doesn't sound that appealing, so.... tumbleweeds. Cheesy
187  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 10:24:39 PM
gawd, how does this place go down the shitter so quickly ?

bronie pics, racial baiting, nasty taxation debates ... and we only dropped less than 1% in price.


Blonde girlz rule, taxes are theft, bitcoin is money ... let's move on now?

You can only talk about "the wall" so much... but I'm going to do my part and stay on topic for a while.
188  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 10:08:00 PM
Are you saying that we must secure the existence of our people and a future for white children?

Perhaps worse ideas than that have been suggested.
189  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 09:47:28 PM
Ok, assuming for the sake of argument that $3k is nonsense. There are some good looking white people. Not me personally, but I've seen some.  

Beautiful Aryan woman look like gods among mortals. When they open their mouths you are reminded that they are far from divine. But before they speak one could fool themselves into thinking they are another form of life entirely, something transcendent, something designed to rule over all of the lesser creatures.

I mean woman from other races can be "hot", of course, but there is a qualia that top tier white women have that no woman from any other race could ever attain. I can appreciate the beauty of woman from other races sure, but there is no impulse to revere it. I don't really know how to explain it except to say that women from almost all races can be hot or beautiful, but only white women can look like goddesses.

Part of my alt right tendencies, such as they are, come from the unspeakable horror of imagining a world without the beauty that is white women in it. That would be like a world without sunsets or autumn leaves. Worse in fact. Much worse. But that's the best I can do for an analogy.
190  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 08:59:10 PM
You can pay 0% taxes to the US if you leave the US and only take out $35k in capital gains per year.

Or make less than $100k in income.

Again. You have to leave the US to avoid such extortions.


I guess there are places in the world where $35k a year goes a very long way. In fact, I imagine half that would do in a lot of places.

(I hope.)

Mapping The Price Of A Pint Around The World

Quote
Manila’s low cost of living and steady supply of domestic beer earned it the lowest price per pint on the Beer Price List.
191  Bitcoin / Development & Technical Discussion / Re: Lightning Network Discussion Thread on: July 18, 2018, 08:56:24 PM
Wouldn't the rest of participants simply broadcast a penalty transaction in such case?

That's how I imagined this problem would be dealt with I just didn't see any mention of dealing with it this way in the paper.
192  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 08:03:25 PM
You can choose to bask in the freedoms that you have and the freedoms that you make for yourself or to focus on and be resentful for the freedoms that you lack. All the time you spend lamenting the freedoms that you lack is time that you aren't spending building a freer life for yourself. I just find complaining about a 3% gas tax or the fact that there is an outside possibility that you will be robbed if you are carrying massive amounts of cash on the road to be so counter productive.

You're not wrong, in fact you're right.

The first step to taking the red pill and "waking up" is realizing all of those things, and how you want your own personal life to go a different way from the sheeple masses that don't seem to mind or care about the constant neutering of career growth, rising taxes, debt burdens, and erosion of personal freedoms.

Once you're woke though, even if your working to build a freer life for yourself, you're still going to bitch about the state of affairs quite a bit. It's like a moral obligation to constantly bitch and point all those things out, in the hopes that you helped to wake up and "free" another sheeple that might be reading one's blatherings, lol.

Yea you aren't wrong either. I probably overstated my case. What is needed is a healthy balance of complaining and self improvement. These things that V8 pointed out are bullshit. They should change. People should know about them. We should be pissed off about them. What I really didn't like was the implication that "i'm not actually free even though I think I am because of these things". Sure I am less free because of these things, we all are, but because of my choices and they way they played out I'm pretty content with the amount of freedom that I have carved out for myself in my life, and that comes from a rational informed appraisal, not a sheep mentality.
193  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 07:56:45 PM
If I could get away with a flat 20% tax on my gains I would pay it with a fucking smile. But I bet it's gonna be more than that when they eventually implement it. Gotta get to work on moving to brazil or wherever, probably don't have much time left.

Yes yes. If you are really paying 80% GTFO of dodge!
194  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 07:44:42 PM
You can't go anywhere without paying the taxes on the gas.

You think people in north korea would say that americans are unfree because we have to pay taxes on gas? Sure I guess we are less free than if we didn't but if we were to make a scale and put three points on it "almost totally impossable to even own a car" is all the way on the left, "I have to pay 3% tax on the gas that I put in my car" is somewhere in the middle, and "I can buy a car and put gas in it and don't have to pay any tax on the gas" is all the way on the right. I would say that the middle one is something like 9/10ths of the way towards the right side. This whole principled approach of "if I have to pay even a penny than i'm not free" isn't that useful here. To someone who truly doesn't have freedom to travel your complaint that you aren't free because you have to pay a small gas tax would look vulgar in the best light.


You can't leave the country if you owe the IRS.

Sure you can. Hop on a boat and go out into international waters. No one will stop you. The united states government simply won't give you a passport. You are still free to go into any country anywhere in the world that will let you enter without a passport. The fact that none of those exist isn't the united states government's fault. A passport is like insurance. It says that we verify this person is safe to travel and if he does cause any trouble in your country we will pay to clean up the mess. All they are doing when you don't pay taxes is refusing to act as your guarantor when you travel abroad. You can debate about whether that is right or wrong, that is a separate issue, first you have to make sure you are stating the true nature of things and the way you worded it was extremely misleading.


You can't hit the highway with a stash of cash in the car without risking the cash and everything else being confiscated.

Yea that's some bullshit isn't it. Definite marks against freedom there. That alone though doesn't flip a binary switch between freedom and tyranny. It just means we are some amount less free than we would be otherwise.


Try saying those naughty words on Twitter, Facebook and co., let alone to someone's face.

I have never felt the need to make a Twitter or a Facebook. No loss of freedom for me personally there. As far as in person, I say words like that in person sometimes. If you are spending time around people that you can't speak freely in front of than perhaps you should reconsider who you are choosing to spend your time with. Like I said earlier freedom is largely a choice. I choose to have cryptocurrencies instead of bank deposits. I choose to live in the woods instead of a suburb. Well I also chose my acquaintances in such a was as to maximize freedom.


You can't communicate or research your trip without it being logged and recorded. Your computer is a 2-way open sewer.
Try starting a business without permissions. Try not collecting the associated taxes from your employees.
So it's fine if you're a statist cuck with no ambition. But it's no place for a sovereign individual.

So it's not perfect. Of course it isn't perfect. Of course I hate all of those things too. Of course I wish we didn't have those limits on our freedom. The point I was trying to make is that freedom vs servitude come more from the inside than the outside. You can choose to live the life of a free person and be ten times more free than someone else living in the exact same society under the exact same regimes. You can choose to bask in the freedoms that you have and the freedoms that you make for yourself or to focus on and be resentful for the freedoms that you lack. All the time you spend lamenting the freedoms that you lack is time that you aren't spending building a freer life for yourself. I just find complaining about a 3% gas tax or the fact that there is an outside possibility that you will be robbed if you are carrying massive amounts of cash on the road to be counter productive.
195  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 07:07:10 PM
What's the actual tax rate in the states, anyway? In my country it's about 80%. 50% income tax, 25% sales tax and a whole bunch of taxes that are not openly advertised on anything you buy adding up to another 50%.

So let's make an imaginary year where I spend $100,000, see how much taxes I would end up paying in that year, then take that as a percent of the total.

So it's no federal long term capital gains for the first 75,000 then 10% for the next 25,000. So that's $2,500 there. State capital gains taxes are more complicated but in my experience they tend to end up being about half as much as I pay in federal. So lets say $1,250. Sales taxes are about 6% so that's about $6,000 there. Property taxes come out to about $3,700. Vehicle taxes about $300. 2,500+1,250+6,000+3,600+300=13,750 or 13.75%.

It's not great but it's not too bad. I'm not so resentful because I'm not quite the anarchist I used to be. I like having a border and a military even if they aren't as effectively provisioned as I would like.
196  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 06:15:33 AM
You aren’t poor.  At least, you aren’t dirt poor.

I started out poor. Dirt poor in fact. We are all born with nothing. My mother and father never gave me anything except some of my values and the ability to develop myself in relative security when I was in that developmental stage of my life. Good things to have, things that some people lack and that is a great tragedy no doubt, but no more than the basics.


But our poor have free high quality healthcare and there is a modest social safety net. No one dies in the gutter. We don’t want to live in a society where people are desperate, because people with nothing to lose are extremely dangerous and violent.  We want a nice peaceful society where everyone has equal opportunity.

Pretty much everyone has internet now from a young age. All they need beyond access to the internet in order to have boundless opportunity at their fingertips is parents that don't abuse them and provide the basic necessities of life. If they emerge from having the two and lacking the one still unable to afford health insurance while they are in their prime, the healthiest they will ever be in their lives, that is not a failure of the people around them to be sufficiently generous in provisioning these things to them for free. It is either a failure of the insurance industry to make this affordable, or in our case the failure of the state to allow the insurance companies to be able to make this affordable (in my country government intervention screws up, among other things, the ability of insurance companies to duly discriminate in the way that advantages one for being young an healthy) or a failure on the part of the subject to have accrued any reasonable amount of personal value during that long long protected period.

Which ever one of those it is, why is it my responsibility to pay for his healthcare? Screw that. I do not consent. And you want to use violence to extract the means from me? To pay for healthcare for some loser who didn't put in the effort to be able to pay for it himself? Or to some corrupt amalgam of private and state interests in the event that he isn't able to afford it even if he isn't a loser? You are NOT the good guy here. That threat of violence is much worse than my unwillingness to fund losers or corrupt institutions.


Part of that is not fucking over your poor.

I never fucked over a poor person in my life. I am always honest in my dealings. And refusing to give someone money in exchange for nothing is not "fucking him over". That concept is such a perverse twisting of logic it makes me want to gag.




Everything is bearish at this point, no? I mean you can only go up so long in a strait line. If I was a trader I would be shorting right about now.

Why would you short right now instead of waiting for intermediate topping signals? Shorting just because ‘up’ is nothing but stepping in front of an upcoming train. I.e., bad trading practices.

Haha well then it sure is a good thing I don't trade Cheesy.
197  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 04:46:08 AM
We are testing resistance at $7580.  Bullish if we break it, bearish if we test and cannot break through.



Everything is bearish at this point, no? I mean you can only go up so long in a strait line. If I was a trader I would be shorting right about now.
198  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 04:19:15 AM
There's a free world?

Living in America + having means. Yea it's pretty free. I can shoot my guns and grow my gardens and raise my chickens and build exactly the house I want. I can hop in my car and drive anywhere I want. I can say what ever I want. Nigger fag spic kike. I could be anywhere in the world I wanted within 48 hours. There isn't a whole lot that I want to do that I am not able to do. And even that small list with most of those things I understand why I can't even though I want to.

I don't understand people who say there is so little freedom. I mean I guess in certain occupations, but I have chosen a path in my life that maximizes my freedom, intentionally so. So, I hardly ever run into bullshit. And other people, if they cared about freedom, could have made similar choices. Even my financial independence came from investing in cryptocurrencies which was an expression of my seeking of freedom. Just trying to be free gave me the wealth to become free. Who could have guessed that seeking freedom would lead to freedom!?



yeah...

This is it isn't it marcus. This is the big one. This revolution, it's going to actually happen. Shocked
199  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 03:46:35 AM
Guys look at this. From the paper Scalable Funding of Bitcoin Micropayment Channel Networks

Quote
We propose a new layer that sits in between the blockchain and the payment channels. The new layer addresses the scalability problem by enabling trust-less off-blockchain channel funding. It consists of shared accounts of groups of nodes that flexibly create oneto-one channels for the payment network. The new system allows rapid changes of the allocation of funds to channels and reduces the cost of opening new channels. Instead of one blockchain transaction per channel, each user only needs one transaction to enter a group of nodes – within the group the user can create arbitrary many channels. For a group of 20 users with 100 intra-group channels, the cost of the blockchain transactions is reduced by 90% compared to 100 regular micropayment channels opened on the blockchain. This can be increased further to 96% if Bitcoin introduces Schnorr signatures with signature aggregation.

Does everyone else know about this? I have a night ahead of me trying to comprehend this white paper but man I'm actually excited to dig into this one!
200  Bitcoin / Development & Technical Discussion / Re: Lightning Network Discussion Thread on: July 18, 2018, 03:24:41 AM
Does anyone know of a node that will open a channel with you for no cost?

How is it possible to open a channel with no cost ?

I thought there was a cost to checkpoint the channel-open with the BTC blockchain.

I mean excluding the transaction fee. This gets so abstract so fast but if I am thinking about it correctly, it should be possible for some charitable node to be willing to open a small channel with you in exchange for you paying the nodes transaction fee. That way you could pick up some coins from the faucet for just the price of a transaction fee. I don't think anything like this exists though. Which was my reason for questioning the usefulness of a lightning faucet.



Channel factories. Existing Lightning Network channels could be used for creating new channels without broadcasting anything to the rest of the Bitcoin network. Normally, a channel is opened to only one person. In channel factories we have multiple people forming a group. Group members maintain channels between themselves. More interested users = higher savings. If one of the participants is uncooperative, existing channels are not affected - new channels can't be created, though.

You can find more detailed description here.

 Shocked Good lord man. You are so knowledgeable and such an asset to this thread. How are you only a regular member? I'm going to give you a chunk of merit and it's not for this post specifically but because you need it more than others (being only member) while simultaneously deserving it more than many others.


From the paper Scalable Funding of Bitcoin Micropayment Channel Networks

Quote
We propose a new layer that sits in between the blockchain and the payment channels. The new layer addresses the scalability problem by enabling trust-less off-blockchain channel funding. It consists of shared accounts of groups of nodes that flexibly create oneto-one channels for the payment network. The new system allows rapid changes of the allocation of funds to channels and reduces the cost of opening new channels. Instead of one blockchain transaction per channel, each user only needs one transaction to enter a group of nodes – within the group the user can create arbitrary many channels. For a group of 20 users with 100 intra-group channels, the cost of the blockchain transactions is reduced by 90% compared to 100 regular micropayment channels opened on the blockchain. This can be increased further to 96% if Bitcoin introduces Schnorr signatures with signature aggregation.

This is amazing! Any idea if this has gone through peer review?


Ok so I finished reading Scalable Funding of Bitcoin Micropayment Channel Networks and yea it's super exciting. I'm not sure but maybe I see a mistaken assumption / attack vector.

Quote
There is no personal advantage in unilaterally closing a channel, as the only difference is that higher mining fees are paid for the increased blockchain space, thus everyone loses. A selfish user should always prefer a settlement solution in comparison to broadcasting the current path of the invalidation tree.

It's true that if I uncooperatively leave the channel factory I will lose more money than if I do so cooperatively. But so will everyone else. So in the narrowest sense it is in my self interest to close the channel cooperatively, but what if my motives are more complicated? Couldn't I, in theory, for the cost of X dollar to myself, remove 99*X total dollars from each of my channel factory peers? Maybe causing others to lose 99 times as much wealth as myself is worth sacrificing some of my own wealth.
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