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2941  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2017, 08:06:56 AM
I sold some bitcoins.

And by "sold" I mean, I booked a trip to Tahiti. With bitcoins.
2942  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2017, 10:19:05 AM
Well, it looks like we are back on track. Litecoin is also doing great and Monero and ETC recovering.

I am happy Smiley


It is crazy how these little alts I bought now factor into my price checks.

I even check on PPC which I bought just because I had some money left on btc-e
2943  Other / Politics & Society / Re: Vaccinated vs. Unvaccinated: Guess who is Sicker? on: May 10, 2017, 04:58:38 AM
Many medical professions are afraid of openly admitting that vaccines are not healthy. They get black balled and lose their jobs. I know of a few doctors (my brother is a Chiropractor who deals with this a lot) that do not vaccinate their children but do not tell anyone.

The pharmacy industry is one of the most powerful i dustries in the world. You will comply.
2944  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2017, 12:28:45 PM
The price doesn't start going exponential until it has doubled in a month.
2945  Other / Politics & Society / Re: Vaccinated vs. Unvaccinated: Guess who is Sicker? on: May 09, 2017, 12:21:13 PM
As long as the pro-vaxxers don't infect me through laws with their health choices.
2946  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2017, 10:12:48 AM
Is this gentlemen?
2947  Other / Politics & Society / Re: Impact of drinking alcohol. on: May 09, 2017, 07:46:29 AM
Having lived with an alcoholic that could not beat the addiction I did a lot of research on this. The best explaination I found goes something like this:

Alcohol is literally a poison. When you drink it, you feel the effects of that poison working on your body. If you drink too much your body will try to defend itself by making you vomit out the poison.

Not that big of a deal if done once in a while. Your body can handle it.

The biggest problem comes when you drink alcohol while your body is still developing. Your body will do the usual thing of trying to keep you from poisoning yourself. You will puke, you will feel sick. But if you continue to drink while you are young your body will adapt. Because you continue to injest this poison your body figures it will be a common thing so it changes your body to compensate. It will literally change your body chemistry so that alcohol is not only expected, but required. Your body changes to treat alcohol as a necessity. Going without alcohol triggers reactions in your body that make you want to drink in the same way that not eating food triggers your body to react making you want food.

And it just gets worse over time the more you drink. Maybe you can change your body chemistry over time but your body is no longer developing so there is not much reason for it to do so.

So basically drinking heavily, often, when you are young will make you an alcoholic later in life.

As for the occasional drink. Beer is actually fairly healthy, wine is also healthy. You can injest small amounts of poison without harming your body. Our bodies are fighting off bad things all day. But while your body is developing it should be avoided. And drinking to the point of puking should be avoided.

Personally I plan on scaling back my drinking. I plan on trying to rid my body of unnessesary chemicals over time.

I have learned that it is perfectly ok to go to a bar and order cranberry juice and still be able to enjoy the friends and atmosphere.
2948  Other / Politics & Society / Re: The problem with atheism. on: May 09, 2017, 07:21:47 AM
I don't agree. People are not religious in nature. Religion imposed on them from childhood. Those who can't defend their opinion those who take religious dogma. I believe that religion is a poison to humans. The problem is not with atheists but with believers. If a person truly believes in God sooner or later, they become fanatics, and this is bad.

I believe in God and I like the color blue. Those thoughts should have no affect on anyone else.
Religions have been the cause of many problems mainly due to their ties to any sort of power used against people. Especially those religions closely intertwined with governments.
2949  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2017, 07:10:46 AM
Weren't we suppose to get some kind of an announcement from Finex by Monday? oh and on a separate note they're about to cross 1750

The announcement was that they hired a third party to verify their holdings.
2950  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2017, 07:09:04 AM

Thanks for the detailed explanation. One more question.

If you have multiple hardware wallets with the same seed, do they all update when you perform a transaction on one of them?

Or if you have multiple copies of the seed, do the transactions travel with the seed in case your original hardware is destroyed  and you have to rebuild on new hardware with the same seed??

First question: Yes, of course. It's basically the same as if you have your software wallet in multiple computers.

Second question I don't understand it well. If you want to have access to the same addresses you had you need to rebuild another device or a software wallet with the same BIP39 seed. Also, you can configure the device with a different seed if you want. And there's much more to it.... you can establish a passphrase (besides the regular pin) that depending on which one you enter it will access a different set of addresses (as if it had a different seed... plausible deniability, etc...)

Really, just buy one, it's a good thing.


Thanks again. I guess I'll have to read up on BIP39.

As long as I don't have to trust any hardware manufacturer and (or anyone else besides the Bitcoin network) and my coins are secure in the case of hardware loss, I'm all for it.

You're convinced me enough to buy one (or two) just to use as a landing place when I break one of my older multi-coin paper wallets to reassign the coins. That will give me a chance to experiment with worst-case scenarios after I've drained it of all but a few satoshis.

As you said, the cost of a Trezor is negligible compared to the coins it holds at today's prices.

As with any hardware you are trusting the manufacturer and everyone involved in creating it.
2951  Other / Politics & Society / Re: Vaccinated vs. Unvaccinated: Guess who is Sicker? on: May 09, 2017, 04:53:57 AM
Once again convinced that vaccinations are necessary. I can't understand who benefits from the campaign to discredit vaccination? It's not just talk, it is a well organized company which is distributed all over the world.

We are fighting for our own health. Stricter and stricter laws are continuously passed to force vaccinations on those that do not want it.

Can you see who benefits from pro-vaccination? Can you even consider that maybe...just maybe...all of the paid research and lobbying done benefits the pharmacy companies? Would it at least be fair to be allowed to sue if something goes wrong?
2952  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2017, 04:48:47 AM

Hardware wallets may be convenient and "cool" but they are still a point of vulnerability. Multiple encrypted copies of paper wallets are much safer.


Jimbo, all the advices you give about paperwallets are really good, but I think probably have a misunderstanding about current hardware wallets: What is the point of vulnerability you are refering to?

I mean, you say as if they had a con in comparison to paperwallets... which is it?




Lack of redundancy. If you lose your hardware wallet or it's stolen or destroyed by some calamity aren't you out of luck?

Maybe I'm out of date but can you keep multiple hardware wallets with the same addresses in multiple offsite locations?

For hardware wallet you need only keep a copy of the seed.
2953  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2017, 03:27:41 AM
What the shit, fam ?! We about to hit $1,700 USD, yo !

What the shit fam indeed.


Amazing....Amazing.

2954  Other / Politics & Society / Re: Vaccinated vs. Unvaccinated: Guess who is Sicker? on: May 08, 2017, 05:01:16 PM
I was not vaccinated and I am grateful for being given the opportunity to have a healthy life.

If I have children I will selfishly not vaccinate them so that they have a superior immune system compared to the other children.
Vaccine is the only effective method of combating infectious diseases. There are no rules without exceptions. Side effects when vaccination there but they are very rare. Think about what to vaccinate your children you take responsibility for a potential epidemic. Are you ready for this?

Best way to fight disease is smoking cigarettes.

Oh wait...we're onto another industry selling their miracle cures.

But this time we have a whole booming industry that is protected from lawsuits.
2955  Other / Politics & Society / Re: Vaccinated vs. Unvaccinated: Guess who is Sicker? on: May 08, 2017, 04:21:45 PM
I was not vaccinated and I am grateful for being given the opportunity to have a healthy life.

If I have children I will selfishly not vaccinate them so that they have a superior immune system compared to the other children.
2956  Other / Politics & Society / Re: The problem with atheism. on: May 08, 2017, 04:19:02 PM
So sayeth the prophets.

Atheism, science, government...they are all their own forms of religions with their priests/pastors, bishops, popes, scriptures, dogmas, along with their own ways of dealing with "sinners" that don't follow their commandments.
2957  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2017, 02:19:52 PM
I'm liking whatever price Coinbase is using for bitcoin spending price.

I bought a ticket to Tahiti for the Seasteading conference that came to $1641. My bitcoin cost was about .99 BTC.
2958  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2017, 02:58:03 AM

That dude will win a Pulitzer for that insightful news article.
2959  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2017, 01:39:58 AM
In real world use case I don't think average users will want to create a new channel for every single time they trade with someone new. It will be a hassle. They will want to just use 'the lightning network'.   Hub and spoke will arise naturally as most efficient and fast way of routing through the network.

Have you ever spent bitcoins in the real world?

Many websites require you to create an account and then send bitcoins to the website where they hold your bitcoins while you spend on their site. Purse.io does this, all of the gift card sites do this, most ATMs do this, Coinbase is trying to get all of their merchants to just use the user's Coinbase wallet, most gambling sites do this, all exchanges do this.

It is common. At least for LN you would be able to open the channel for an amount of time you are comfortable with and you don't have to trust the website to leave with your money. And after that time, the bitcoins come back to you automatically. You don't have to remember down the road what websites you have money on.
2960  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 06, 2017, 02:31:56 PM
Gosh. Bitcoin is so boring today.
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