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201  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2019, 02:57:18 AM
The scarcity of bitcoin is not artificial you dimwit.  Stop spreading misinformation.
The entire Bitcoin protocol is a human creation and hence artificial. That includes everything with in it, such as the limited supply and hence scarcity of Bitcoins.



Code:
artificial
/ɑːtɪˈfɪʃ(ə)l/
adjective
adjective: artificial

    1.
    made or produced by human beings rather than occurring naturally, especially as a copy of something natural.
    "her skin glowed in the artificial light"
202  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2019, 01:04:59 AM
You don't have those kinds of options with traditional physical assets like fiat or PMs...  Even having $10 million in cash would not be easy to move around, like it is with bitcoin.  A billion dollars on bitcoin could be stored and managed a whole hell-of-a lot easier than the same value in cash or Pms.

You demonstrate a complete failure of economics 101 understanding.  It's not possible for something to qualify as "money" if it doesn't even qualify as a commodity first.  Nobody refers to video games on Steam as a "commodity" because it's blatantly obvious it's a state-run racket/scam called intellectual property and entirely based on artificial scarcity.  

Bitcoin is no different - another artificial scarcity scam/racket.  The hallmark trait of all currencies is artificial scarcity, while actual money is required to be physical commodity in the real world and not an artificial scarcity racket.  So, no, you are not "storing" $10 million of anything in bitcoin because it's not possible to store value in something completely imaginary based on artificial scarcity.  It's a currency and not money, and on a long enough timeline the value of a currency always goes to zero.  

All you're holding is a temporary pump and dump grenade or financial scam that you're attempting to pass off onto someone else before it explodes, not "storing value".  You need a physical commodity that doesn't expire to do that.

While your rationale works well for video games on Steam it does not hold for Bitcoin. While true that the scarcity is artificial by virtue of being programmed in it's not comparable to video games on Steam which can be sold without any limitations.

As soon as some malicious actor tried to remove scarcity by increasing the amounts of Bitcoins we'd simple tell them to fork off by forking off ourselves.


You could make an argument that this would be a democratic process and that the majority of humans is too fucking retarded to realize when they're being manipulated into believing that increasing the amount of coins is a non-issue. But that would still result in two chains, one with the idiots and one with the rest.

Now another argument that you could attempt would be to state that the scarcity was broken through the fork. But as we have already seen quite clearly forks only have a fraction of the original value and the more forks there are the less valuable each fork will be with a quick convergence towards value for erroneous forks. Hence irrelevant for both the Economy as a whole as well as the 21m Bitcoin chain.
203  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2019, 09:31:21 PM
The same thing we do every night.

shitpost?
We try to take over the world.

ok thanks
i put her on ignore
Nice
204  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2019, 09:12:45 PM
^let's hope

meanwhile
gosh a girl. what do we do Huh
The same thing we do every night.
205  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2019, 08:24:38 PM
I for one welcome our New Dark Age overlords.

I welcome $10k gold, $500 silver, and $3-10 an oz copper.
Are you planning on becoming the "uncontacted native tribe" of the future?
206  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2019, 02:34:58 AM
Shit happens, but some folks are just begging for it. I'm sure a normal dose of, say, L, couldn't do that to a normal guy.
Depends. Most drugs affect the application layer of what makes you.... you. They make small changes that go away when rebooted. Pot and alcohol fall in this category.

A few affect the operating system that the thing called "you" runs on. They make more substantive changes in how you act and change a number of things that make you you. Good opiates fall in this category.

LSD and such twiddle around with your firmware or in some cases your microcode. They can change who you *are*, and can rewrite the thing your mental operating system runs on. Use with care.
I don't know anything about opiates (don't care for addictive substances or anything that you could die from), but what LSD does is create new neurons as well as new connections between neurons (which is why some experience synesthesia under the influence).
It's pretty much what happens when you learn new things and also why it's so powerful in treating depression by breaking up bad habits (or thought patterns) through the creation of new ones.

This can go out of control if you take retarded amounts in retarded environments and situations, but responsibly (low dose, no mental issues, physically and mentally healthy, not on medication, no combination with other drugs etc.) this isn't just harmless but can also be a very useful tool.

One time I used small doses to study and the results were pretty remarkable. You can go much deeper than you ever could hope to in a sober state, although it's very easy to "overdose" in the sense that you'd be too busy staring at random stuff and going off on tangents instead of focusing on your task.





Speaking of dips, eating a snack just made me extremely hungry. Thanks body.



Holy fucking volatility Jesus.
207  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2019, 01:12:18 AM
The price of Bitcoin should be skyrocketing on BFX as punters move their cash out.  So why isn’t it?
So we can keep accumulating.
208  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2019, 12:22:45 AM
Do you know under what circumstances they went off on their trip?

One guy got a teat pipette full of it emptied into his eye, funnily enough at Glastonbury. He went from being a clever clogs sporting type to spending most of his days sitting in his room staring into space.

I think the others were squat party burn outs in general so they may have been heading for it anyway, but it certainly wouldn't have helped.
Sounds pretty much just as expected then.

I still haven't found a single case where responsible use resulted in anything other than positive experiences. You're basically concluding that alcohol is unsafe because somebody chugged bottles of scotch and sustained permanent braindamage.
209  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2019, 12:13:22 AM
If they were grinding their teeth that wasn't the right stuff.
If they were grinding their teeth it certainly was the right stuff. MDMA does that in higher doses (200mg range).


Have you tried psychedelics? I can see MDMA leaving you indifferent depending on the circumstances, but with psychedelics I'd be hard pressed to believe that they wouldn't be profoundly notable even if they'd leave you fully functional on lower doses.

Nope. Never will.

I've known a few people who set off on a trip and never really came back. I don't think it should be as readily eulogised as it is by all and sundry after staring into a few pairs of eyes that were basically rendered empty by them.
Sorry to hear that, especially if they were close.

Do you know under what circumstances they went off on their trip?

So far all such cases that I've found were of people who took it in very sub-optimal environments, mixed it with other drugs, or were already predisposed to problems. Psychedelics are certainly no joke and I would never take them without due consideration.
But if you're in a stable mindset and do proper research and preparation I don't see how it could go wrong - hence the question. I'm trying to find any evidence that it could go bad despite due diligence, which seems impossible to me so far.


Shit happens, but some folks are just begging for it. I'm sure a normal dose of, say, L, couldn't do that to a normal guy.
This is what all the evidence suggests to me so far as well.

I spent years researching all sorts of reports, papers and stories from all sides of the camp before even trying a tiny dose of cubensis for the first time. Went to absurd places numerous times afterwards without any issues whatsoever.
210  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2019, 12:05:09 AM
Smoking or drinking strongly dampens the effects of MDMA. Pills also often contain all sorts of random crap, so unless you had crystals I'd give it another shot. Also double check your dosage for your specific weight. Heavy people need more MDMA, something that you don't have to consider with most drugs whatsoever.

It was the purest crystalline 'shit' imaginable. Crusties always have the good stuff, very most especially at Glasto. Everyone else went fucking batty on it.

I am rather substantial but necked enough to get a blue whale amorous.
If you're on medication that could also stop some substances from working entirely or even have dangerous contraindications so always triple check beforehand.

Have you tried psychedelics? I can see MDMA leaving you indifferent depending on the circumstances, but with psychedelics I'd be hard pressed to believe that they wouldn't be profoundly notable even if they'd leave you fully functional on lower doses.
211  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 11:59:12 PM
Haven't done ecstasy since I was about 21. I'm too old for that shit now, the come downs are horrendous.

I've done MDMA 4 times in my life, spaced months and years apart. Hadn't lost the "magic" yet last time I tried, over 4 years ago. Waiting for the right occasion to roll again.

All in all, I'd recommend having at least one taste to anyone with an open mind who hasn't ever tried. Do the right stuff (Good Golly Miss Molly), do it at the right time, and do it with the right people. Just preload a bit and never mind the blues.
We have a yearly tradition where we usually extend two to three times. Never lost its magic in over five years.

When we started the tradition I took more than the years afterwards which that was pretty dreadful and fucked me for two weeks (bit over half a gram per person split into multiple doses - can not recommend).

With 150/75/75/75 the come-down is just fatigue but no bad mood and merely a couple days of hang-over.

With 150/75/75 just sleepiness during the come-down with nothing whatsoever the day after and anything under 150~200/75~100 doesn't even have a come-down for me.

Once a year for some 5 years with no loss of magic or depressive symptoms of any kind, so anything less than that should be generally safe without "loss of magic".



No such thing as too old, but I strongly agree with the notion that you should find "the right occasion" and the right people and environment for it.


For reference, I've never taken it in a club or any of the sort. Always either while taking a walk outside in nature or while sitting around at home with close friends. Not much movement or any dancing, so generally less stressful on the body, much less to no dehydration and easier to stay hydrated.
That could possibly take the edge off of the comedown, don't have any comparison. But I've literally never had a crash except for that one night where I went full retard to test the limits.


I also recommend not taking pills since it's impossible to dose them accurately unless you've pressed them yourself, which nobody does. They're also often spiked with amphetamines and other garbage that makes comedowns much worse in general, regardless of circumstance.

Stay safe.



I've done MDMA 4 times in my life, spaced months and years apart. Hadn't lost the "magic" yet last time I tried, over 4 years ago. Waiting for the right occasion to roll again. All in all, I'd recommend having at least one taste to anyone with an open mind who hasn't ever tried. Do the right stuff (Good Golly Miss Molly), do it at the right time, and do it with the right people. Just preload a bit and never mind the blues.

Drugs don't work on me in general.

One Glastonbury the old crusties I was with got increasingly irate at my total indifference. I did five times more MDMA than anyone else to cheer them up and then carried on reading my book while they ground their jaws to dust and their eyes swivelled so far into the back of their heads they never popped back.
Smoking or drinking strongly dampens the effects of MDMA. Pills also often contain all sorts of random crap, so unless you had crystals I'd give it another shot. Also double check your dosage for your specific weight. Heavy people need more MDMA, something that you don't have to consider with most drugs whatsoever.
212  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 10:51:18 PM


The smileys that we use are bitcointalk forum's own GIFs. The smileys used by Pamoldar are not GIFs (or images); they're made up of text.

For example:

😆 😎 😵 😗 😈 🐻 💓 🌼 🎁 🎂 📱💻

This is pure text - no image.

Correct.

You can format them like you do with the text.
😆 😎 😵 😗 😈 🐻 💓 🌼 🎁 🎂 📱💻
😆 😎 😵 😗 😈 🐻 💓 🌼 🎁 🎂 📱💻
😆 😎 😵 😗 😈 🐻 💓 🌼 🎁 🎂 📱💻
😆 😎 😵 😗 😈 🐻 💓 🌼 🎁 🎂 📱💻
😆 😎 😵 😗 😈 🐻 💓 🌼 🎁 🎂 📱💻
😆 😎 😵 😗 😈 🐻 💓 🌼 🎁 🎂 📱💻
Damn. I was aware of Japanese face letters, but actual text emojis are new to me.



Are there any properly backed and transparent stablecoins that can be used without worrying?

Bitshares BitAssets is the only one with any track record. It's properly trustless and blockchain native. Designed for purpose.


Can anyone confirm/deny/extrapolate? BitShares seem to be rather low volume so would hope for other pairs as well.
213  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 10:25:49 PM

18. LFC still in for title race dispute Man U didn't won Sad
19. Mic's MS application still pending, and missing a few regs/OG's Roll Eyes
It hurts, really it does. I hope some drama in favor of LFC.

Keep going 🙂

EDIT:
I am guessing you are still not a merit source?

Why do the smileys that you post look so different? Is Bitcointalk racist?
214  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 10:25:06 PM
It's well worth reading the doc. It sounds like a truly bizarre situation.

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod

'Documents provided to OAG demonstrate that by mid-20 18. Bifinex was having extreme difficulty honoring its clients' requests to withdraw their money from the trading platform because Crypto Capital which held all or almost all of Bitfinex·s funds refused to process customer withdrawal requests and refused or was unable to return any funds to Bitfinex.'

It looks like they entrusted everything and were totally beholden to some Panamanian nobodies and were reduced to pleading for their own money from them. How the did BFX allow themselves to get into a situation like that?

Greed or incompetence?

Are there any properly backed and transparent stablecoins that can be used without worrying?


Damn all the smooth and steady building....... down so fast, just was putting on a movie, old one that I don’t remember if I have seen it.... “in the line of fire”

= very appropriate right now  Shocked
We are still up 25% since the beginning of April. Tongue
215  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 10:18:36 PM
TIL ?mod=rsswn

Thank you.
216  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 10:14:14 PM
-$500 in 15 minutes

What's happening? Huh
The expected? I'm surprised it didn't go a little higher and then dropped from there, but still. You can't stay above the slow EMAs forever and we've been above 25 and 99 on the daily since early February and late March respectively.
217  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 10:09:07 PM
They both suck. Leave it for a bit now, like a week. Admin knows full well you want it. We can bump it.
imho.
anyone else?

dammit, I know I don't bump it myself to much Wink

Got LFC and you guys in my corner Grin

But I was just trying to work on that haiku sh*t, F*ck I stay F***ing bad @it !
Haikus didn't even cross my mind since they were related to the MS thread. Needless to say, I was very confused about both until reading your post.

Agree with V8 though, just wait for a week or so. I'd be surprised if you didn't get accepted.


Haiku's difficult!
Bitcoin unpredictable.
When time for HODLsleep?
Do you say HODL as one syllable instead of HO-DL?
218  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 07:05:22 PM
Thinking about it, the social welfare state, at the very least in its current form, is partially responsible for the steep increase in wealth inequality.

Too bad the irony is likely lost on those who are responsible and hit the hardest.
219  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 05:14:15 PM

https://twitter.com/WhalePanda/status/1121394012362104832

A small mess with KYC if you want to send the rewards. Wink
First thing I found was that KYC is required for publishers and content creators, e.g. those that get tipped by Brave users. Using KYC for that is a no brainer, otherwise anybody can claim anyone's tips.



Edit: Looks like anyone who wants to withdraw BAT out of the Brave ecosystem needs to KYC for now due to AML horseshit. They hinted at the possibility of avoiding this issue by future decentralized custodial services.


https://www.reddit.com/r/BATProject/comments/9qgt4k/will_brave_ads_have_kyc_to_claim_tokens/e89k4oz/
220  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 05:09:37 PM

blackle.com used to be a good solution. Looks, however, that they have not implemented https tho.
Google x Brave?
I have started using brave but I figured it gains enough marketshare Google will find another way to track. They probably are already.
The good old rat race. I'm sure Brave or some other company will be able to screw Google out of their new way to track when time comes. The only way Google can remain relevant in the long-term is by making ads and tracking opt-in and compensated.
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