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2241  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 12:42:32 PM
^It's cool. We're not taking any poor people. Roll Eyes

Are you as concerned about the hundreds of thousands of miles of ocean front property that aren't cheap? Or just a tiny little floating island that will have no impact upon anyone else? Would you use force to allow poor people to live in ocean front properties?

I'm saying, if all this is is just a fork of the current world real estate racket, I don't get the appeal.

It is a prototype. The people actually making any decisions about its purpose will not be on Internet websites. They will be living on the seastead working to make it into something bigger.
2242  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 12:37:36 PM
If you have nothing to eat you're still forced by your own body to find something to eat. This is why people have to cooperate to find/produce their food. Every member in such a group has rights and obligations. Your right is somebody else's obligation. Every obligation you have limits your freedom! Absolute freedom means no obligations and thus no rights. It means lack of society. It means absolute solitude and loneliness. Is that what you're trying to achieve? Of course, not!

So now you're being forced by your own body? You're not obliged to anyone. Nobody is obliged to you.

You can voluntarily cooperate. Most people do not like voluntary interactions. Especially if they have nothing to offer other than calling for force.
2243  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 12:32:09 PM
And you will buy protection from the nearest nation-state with a standing army of poor people.

The initial seastead prototype will be in a Tahitian lagoon in a Special Economic Zone under French Polynesian criminal code.

Right. Under the protection of the French then? And abiding by their laws?

Abiding by their criminal code with some limited economic freedom and sovereignty.
2244  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 12:31:28 PM
^It's cool. We're not taking any poor people. Roll Eyes

Are you as concerned about the hundreds of thousands of miles of ocean front property that aren't cheap? Or just a tiny little floating island that will have no impact upon anyone else? Would you use force to allow poor people to live in ocean front properties?
2245  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 12:25:09 PM
And you will buy protection from the nearest nation-state with a standing army of poor people.

The initial seastead prototype will be in a Tahitian lagoon in a Special Economic Zone under French Polynesian criminal code.
2246  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 12:21:33 PM
Don't try to escape from the world! Try to change it for the better!


That would require changing people. People have repeatedly demonstrated that they dislike freedom. Or at least it is a very low priority.

Why try to fight to give people something they do not want? Live and let live. I have nothing against someone else not wanting freedom if I am able to go find it myself.

What is your definition of freedom?


No force.

Freedom to sleep at the Ritz or under a bridge. That kind of freedom?

Freedom to do either depending upon the voluntary agreement between whoever owns those places you want to sleep.
2247  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 11:59:25 AM
Don't try to escape from the world! Try to change it for the better!


That would require changing people. People have repeatedly demonstrated that they dislike freedom. Or at least it is a very low priority.

Why try to fight to give people something they do not want? Live and let live. I have nothing against someone else not wanting freedom if I am able to go find it myself.

What is your definition of freedom?


No force.
2248  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 11:48:27 AM
Don't try to escape from the world! Try to change it for the better!


That would require changing people. People have repeatedly demonstrated that they dislike freedom. Or at least it is a very low priority.

Why try to fight to give people something they do not want? Live and let live. I have nothing against someone else not wanting freedom if I am able to go find it myself.
2249  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 10:26:18 AM
Most of these seasteader types are:

1. Lone wolves
2. Anti-social
3. Stubborn
4. Eccentric
5. Nerdy
6. Drug and alcohol users/abusers
7. Entitled
8. Self righteous
9. Egotistical
10. Male

I was prepared for this getting into seasteading but working with the large group of people that are working on this I have found this to not be the case. If anything it's leaning a bit too much in the environmentalist arena for my tastes. But I understand the need for leaning on the environmentalist side with ocean projects. I have discovered there is a certain environmentalist mafia that exists that you do not go up against.
2250  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 08:46:06 AM
Guessing there're no plans for $10k party? Or they couldn't find a place with enough private islands, and lambo parkings?

if we build it they will come
https://bitcointalk.org/index.php?topic=2418909.msg25174161#msg25174161

That is the old idealistic image for a Phase 3 seastead in middle of the ocean.

The initial seastead that will actually be built will look more like this:



My last day of work was Friday, I am officially "retired" (from working for a salary). I will be in Tahiti next month and plan on moving there in early 2018 to help get the seastead project off the ground.


2251  Bitcoin / Project Development / Re: We should build a seastead on: November 26, 2017, 08:29:01 AM
Who here is interested in participating in this, and what would you want a seastead to have before living on one? I'm not going to collect any money from people, but if there's enough interest (maybe $75 million or so), we can hire some people who actually know what they're doing and create a proper company with a board of directors, etc. Maybe it could even be made into an ICO, though I'm pretty skeptical of those in general.

Theymos, glad you brought this up because this is exactly what is being worked on and has been in the works for the past year.

In January of this year The Seasteading Institute was able to sign a Memorandum of Understanding with the government of French Polynesia to build the world's first seastead in a protected lagoon of the main island of Tahiti granting a Special Economic Zone (SEZ) which would allow for some leeway on most economic laws while still being under the criminal code of French Polynesia. The Seasteading Institute, being a non-profit, split off a for profit company called Blue Frontiers ( http://www.blue-frontiers.com ).

Blue Frontiers has been working on this full speed ahead, I started volunteering with them in June and they have been laying the ground work for an ICO since then ( https://www.blue-frontiers.com/en/token/ ). The plan and what is currently going through the legal process is a Security token which would give each token holder shares of the Blue Frontiers company. We explored every other way of doing an ICO and it appears that following the letter of the law with the SEC is the best approach.

The ICO should go live around the same time the French Polynesia legislation goes through in Q1 2018.

Here is an updated image of the actual pilot seastead that will be produced, we have a firm from the Netherlands that has built floating structures before and a team of over 50 people working on every aspect of the seastead from food systems to energy, Internet, blockchain governance, etc.

 

https://www.facebook.com/Blue-Frontiers-255004088265639/
2252  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 07:45:17 AM
We're not wealthy elite until the price is $10k gentlement.
2253  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 24, 2017, 09:24:20 AM
Sometimes I wonder if altcoin proponents ever have this honest conversation with themselves:

"I bought into this great altcoin called [X]. It has these great, neato features that Bitcoin doesn't have. I've held this altcoin for years and years. Of course, I've never really spent them on anything, and likely won't. So I really can't attest that these great, neato features really have any real value to myself, or anyone else for that matter. And now that I really think about it ...it hasn't really changed my life in any significant way to hold/use this altcoin versus just using Bitcoin. But I'm gonna keep holding it anyway because....umm...because .....neato features! Hypothetical use cases [that never apply to me] matter!!"

Lol  Grin

Every alt coin I bought because I liked what it did. But yes, I never did anything with any of them. I bought NMC because I liked the idea of a decentralized DNS and had planned on doing some development around it considering it allows more bytes per transaction than Bitcoin but never got around to it and now I can't access them on btc-e.

I bought LTC because I think POS has some merit. Bought Maidsafe because I would like to be able to have decentralized Internet storage/bandwidth sharing. I just recently bought ZenCash because I met one of the guys in charge and he's pretty smart and doesn't approach it as trying to take over Bitcoin.

I could have bought into ETH early on but went to a crypto conference hoping to hear the latest and greatest Bitcoin advances only to see a bunch of ETH folks pumping their coin before it was released. They were supposed to utilize the Bitcoin network which got them support then they went off and created their own coin and everyone at the conference was talking about how ETH would take over Bitcoin and how much Bitcoin sucked.

I bought Tezos because I hope they replace ETH. I hope Rootstock replaces ETH.
2254  Economy / Speculation / Re: Next FUD? on: November 24, 2017, 05:29:58 AM
Bitcoin is quickly losing.

Source:
https://99bitcoins.com/bitcoin-obituary-generator/
2255  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 24, 2017, 05:24:12 AM
True Story Time:

I was talking to a old buddy of mine the other day who is a loan officer. This is an older gentleman that has been in the business of giving out bank loans, and has been doing so for decades. Months in and out, year after year, he talks to customers about them liquidating assets or other investments as down payment on loans, and has heard them talk of liquidating pretty much every type of investment known: stock, houses, land, cars, gold, silver, collectables, equipment, etc. You name it, he's probably heard it.

But when the words "cryptocurrency" and "Bitcoin" came up in our conversation, I was shocked. He replied "Wait...crypto...currency? What's that? That's a new one on me. Is that like Euros or something?" He had never even heard of it. He had no idea what Bitcoin was. And this is a finance guy working at a lender that routinely reads financial news and such on the internet.

It just made me realize: We have SO far to go still. Such early adopters are we.

I cashed out 400 bitcoins to put toward a downpayment on my house. Back in 2012. When the price was $12.
2256  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 24, 2017, 01:41:32 AM
I figured BCash would have a big push over the holiday weekend. Already had one order go through at .21, I have time this weekend...I think it is time to dump all the rest...pump that shitcoin!
2257  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 23, 2017, 03:39:40 AM
As bitcoin's price has gone up significantly over the past year, its forced me to examine several aspects of my own psyche. Mostly greed and fear. I've been beaten down every time I got greedy and rewarded for holding and sticking to my beliefs.
Lately I've been considering the possibility that the larger unidentified market makers could actually be benevolent and hold greater visions for BTC despite the popular belief that bitcoin market manipulation is used for personal gain.

An entire civilization raised on the ideals of capitalization and control cannot conceive immediately a system which does not aim to "take" but rather give freely to the benefit of all.
It's true that it is not decided what bitcoin will become or if it will succeed but it's evident that this is our opportunity and no others are currently on the horizon.
I think the real success of BTC will be in its ability to change greed constructs.

Yes, I know, echo chamber.  Just had to write that thought out.

I'm liking this current ascending triangle. Should break within the day.

Bitcoin does not survive without greed. It is built in. The point made was that by getting bitcoins out early to people that could develop it into something better was so that those developers were incentivized to make Bitcoin into something great based on greed, the fact that they held a bunch of bitcoins and their value increased based upon how much effort they put into making it better.

Having a depreciating currency also taps into peoples' greed of having more value down the road by keeping more bitcoins which perpetuates the rising value by making it more scarce.

If you think it is greedy to cash out, it's a non-factor since you're transferring value for equal value which is not greedy.

Greed, for lack of a better word, is good.
2258  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2017, 12:58:54 PM
I predicted in 2013 that the price would be $10k by the end of 2016.

Boy was I way off.
2259  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2017, 05:31:31 AM
Not sure why but seeing the price over $8k I remember back to the time I shorted bitcoin at $2.50.
2260  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2017, 03:09:13 AM

It will be so that any alt coin that wants to compete will need to implement their own version of Lightning Network.
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