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3101  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 09:22:14 PM
I'm not advocating, just pointing it out, but I don't see this push going away.

Fair nuff.  I see this as a social attack and we just need to innoculate ourselves.
3102  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 09:19:41 PM
3103  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 08:55:12 PM
it's much more about the mesh network stuff, keeping the chain size down. the fee market problems are way off
i agree it's early even for that former though

I have yet to see a convincing argument that the current system is broken.  It’s all pie in the sky stuff.  

Lighting will keep the chain size down.  Just give it a chance.
3104  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 08:46:05 PM
https://twitter.com/brian_trollz/status/1094673219968253955
thread oh about the next UASF
nb it's not just Lukejr advocating

Reluctant to give this too much airtime because it will just bring out the trolls.

They are hypothesizing about a collapse in hash rate due to reduction in miner awards at sone future unknown date. So they want to take radical action now to reduce the block size to 300kb. But the hash rate is near ATH.  

It’s hard not to interpret this as just a miner money grab.  Don’t fix what ain’t broke.  Focus on Schnorr and Lightning and other important shit.

I have zero enthusiasm for more block size wars.  If an urgent need develops in the future let’s look at it then.  We don’t need to take radical action to fix theoretical future problems now.
3105  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 12:11:36 PM


And the signed agreement

https://www.scribd.com/document/399259886/SunLot-MtGox-LOI
3106  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 10, 2019, 08:18:32 AM
BABOOM

3107  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 10, 2019, 08:11:33 AM
Looking good. We are slightly above previous resistance.

I wasn’t in quite as early as you.   But still happy with my position.  

3108  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 10, 2019, 07:52:12 AM
Well done!
3109  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 05:52:12 AM
I agree, but the main problem - which the article describes too - are short to mid term profits.

Totally agree.  Which is why we need good environmental regulations and properly funded regulators.

ESG funds are a long term strategy, but most consumers are facing the question if they should buy the same item for 1$ or 5$.

Again, agree.  However if consumers are allowed to be educated of the environmental benefits of one product over another, they will often pick the more environmentally friendly even if it is more expensive.  For example free range eggs are very popular even when twice the price of cage eggs.  

This is the same reason why companies are now moving away from china, which is in the process to improve enviromental and worker safety standards which increases production cost.

I would say that this has more to do with increased labour costs due to demand for workers - purely market forces.  Environmental and safety standards in China are still extremely low to non-existent imho.  

This is good news for Africa because some factories are starting to move there out of China. Africa is also much closer to European markets.  I’m very bullish on Africa over the next 20 years.
3110  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 04:30:05 AM
Wanna know something funny?

If consumers wouldnt buy products which got produced by destroying and polluting the enviroment, what do you think would happen?


Everyone is raping the enviroment because consumers accept it, buy the products and make the producers billionairs.

Companies which try to be environmentally sustainable often financially outperform polluters.  Not always, but enough.

https://www.barrons.com/articles/does-sustainable-investing-lead-to-lower-returns-1529712000

Being a bad corporate citizen is often bad for business.  

Quote
ESG is about understanding how companies are adapting to transformational change, such as the shift to a low-carbon economy. European electric utility companies, such as RWE, missed the message that renewables should become an important part of power generation. They lost half a trillion in market capitalization as a result. Automobile manufacturers are in a race to not become the next victims by missing the electrification wave. Consumer packaged-goods companies, such as General Mills, Nestlé, and PepsiCo, are product reformulating as consumer preferences change, taking out sugar and sodium from their products, while repositioning their offerings to compete in healthier food and beverage choices.
3111  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 10, 2019, 04:24:28 AM
At 0.0016 now.  Bullish. 
3112  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 03:45:22 AM
I don’t understand how basic stuff like not polluting rivers is the craziest thing you have ever witnessed.  And not sure why it would lead to the downfall of the USA.  But ok.

It really is a shame that communists cloak themselves in these sorts of good intentions because we all want clean air and rivers, obviously, only a psycho wouldn't. It's such an effective trogen horse for them because it's obviously a good thing and it's very difficult to imagine how to accomplish it without empowering the state. So if empowering the state is your aim it makes a lot of sense to ride in the Trojan horse of environmentalism. It's kind of an all communists are environmentalists but not all environmentalists are communists sort of thing... (of course not literally all, just almost all)

If you go around the wealthier suburbs of the big cities, you will find many people with strong environmental values.  These people are business owners, executives and otherwise highly successful members of capitalist society.  They shop at Whole Foods, ride expensive Italian bicycles and separate their recyclables.

They are also about as far removed from communists as you can get.  So I don't really accept your premise.  
3113  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 01:46:45 AM
I lived in China for about six months.  In Shanghai, in the French concession.  I was working for a company in the Jing'an district.  This gave me the opportunity to experience first hand what it is like to live in a country with little to no environmental regulations.  It has been awhile since I have been there so things may have changed a bit since but I have my doubts.

  • I went out to the bars on Bund one night and came home piss drunk.  Hopped in the shower and was thirsty and drunk so took a big mouthful of water.  I nearly vomited and was instantly sober.  Shanghai tap water is disgusting - no one drinks it except the very poor.  It tastes like liquid metal with god knows what mixed in
  • I was driving home in a taxi one winter evening and looked out the window at the beautiful snow fall.  Then I realised it was still well above freezing.  The falling "snow" was just fly ash from the local coal fired power station
  • A friend of mine landed at the airport.  I went to collect her.  On the taxi ride into the city she commented on the moon which was high in the sky.  I told her 'no' that's the sun and its just smog that make it look dim.  We then had an argument about whether it was the sun or the moon.  I was right and she was wrong.

Here is a picture of what Shanghai looks like on a typical day



Here is a photo of Beijing, which tends to be worse than Shanghai



A pic from Shijiazhuang which is further inland





You guys might think that environmental regulations are killing the USA and UK, but I suggest the opposite.  A lack of environmental regulations are killing China and places in Asia.  All the rich Chinese establish anchor homes in the West, in part just so they can get away from the pollution.  

Think twice before you advocate for getting rid of environmental protections.  You might think that the EPA is communist, but it is truly awful living somewhere without proper environmental controls.  I was offered a pay rise if I would stay for another six months after my contract was up, but I got the fuck out of China and have never been back.  Once I got off the plane in the West and walked into the airport parking lot, all I could smell was this wall of fresh air and flowers.  That memory is absolutely seared into my brain after six months of living in smog.  




Some more information just so you don't think I am making it up:

Quote
Can I drink the tap water in China?

No, the tap water in China is not safe to drink. Unlike most western countries where there is easy access to safe tap water, in most places in China the tap water, although it looks clear, is not safe for drinking unless it has been boiled. Even in big cities like Beijing and Shanghai, water from the tap is not well filtered, sterilized, or purified, and may carry hazardous contaminants like sediments, rusts, bacteria, virus, chlorines, or other heavy metals. Sicknesses like diarrhea caused by drinking unclean water may spoil your trip.
Source: https://www.travelchinaguide.com/essential/water.htm

Quote
China's air pollution crisis shows no sign of ending as nation fails to lower coal use  10 January 2017

For the last month, severe air pollution has choked Beijing and coal is estimated to cause about 40 per cent of the smog in the nation's capital. Other cities in the north, such as Shijiazhuang, have recorded air quality of 1000 PM2.5. PM2.5 are fine particles less than 2.5 micrometres in diameter that can lodge in the lungs and get into the bloodstream. The World Health Organisation says anything over 25 PM2.5 as a health hazard
 Source:  https://www.abc.net.au/news/2017-01-08/chinese-air-pollution-crisis-caused-by-ongoing-coal-use/8168702
3114  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 01:02:40 AM

The new green deal shit is the craziest thing I have ever witnessed being pushed in American politics. Literally the only thing that would come from that would be the downfall of the US.

I don’t understand how basic stuff like not polluting rivers is the craziest thing you have ever witnessed.  And not sure why it would lead to the downfall of the USA.  But ok.
3115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 12:43:06 AM
2014 overlay.  Spooky how the most recent little spike almost exactly matches.  



3116  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 10, 2019, 12:38:51 AM
Nice rally out of the support zone.  If resistance broken above 0.0016, watch out. 

3117  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 11:45:51 PM
Pretty much true for capitalism as well. You can't get rid of crony capitalism by voting.

You can, by enacting campaign finance restrictions and enforcing anti-corruption measures.  
3118  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 02:57:22 AM
Bob offer to pay him 90% fiat 10% bitcoin just to get him started. He can take that risk. 
3119  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 01:13:37 AM
Except I don't think he needs it. But yes, he could do it for sure.

I see him more like creating his own blockchain hedge fund or enterprise in the future or something like that....


Sure. But we all gotta start somewhere.
3120  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 01:11:39 AM
Roach I’m not telling him to be a coder.  

I’m telling him to get a basic level of skill so he can work in the tech industry.

I have to hire people with tech skills and wages are through the roof right now because the particular skill set is so damn rare you have to grow your own, and then your competitors steal them.  

Autists with tech skills are easy to find.  People skills people who can’t do tech are easy to find.   People skills people with tech skills are extremely valuable.
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