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3361  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:45:01 PM
Mempool rising.  Bumped up my transaction fees to 30 sats as want to be confident of getting into the next block.
3362  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:12:25 PM
Why Ethereum 1.0 failed and Bitcoin succeeded:

https://medium.com/@noahruderman/why-ethereum-1-0-failed-and-bitcoin-succeeded-72e9594b9789

Quote
Ethereum 1.0 wouldn’t be undergoing a complete redesign unless it had major flaws. So how did we get here? And why did Bitcoin seem to fare much better? Two important factors are user experience and economics. At at minimum, for a product to succeed it needs to be a compelling alternative to an existing problem, and the transaction fee must not exceed the economic value of the actual transactions. Together these point to an upwards trajectory for Bitcoin and a downwards trajectory for Ethereum 1.0.
3363  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 12:13:20 PM
Good afternoon Mr VBear
3364  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 12:02:58 PM




3365  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 11:21:54 AM
Fair enough.
3366  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 10:47:04 AM
Elwar

Why don’t you lease a boat for 18 months?  

https://www.boatbureau.com/boat-rentals-thailand/

Maybe you can do some sort of long term deal because those are silly short term prices.

Buy when the market bounces back.  
3367  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 10:46:19 AM
^Looks interesting. Says something about being redeemable in a Samurai wallet.  

So an escrow service with a 4% fee.  
3368  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 09:18:38 AM
Quote
Debt bondage
Debt bondage is a status or condition, where one person has pledged their labour or service (or that of someone under their control), in circumstances where the fair value of that labour or service is not reasonably applied to reducing the debt or length of debt, or the length and nature of the service is not limited or defined.

If you are not working for the owner of the debt, it’s not debt bondage.   Your bank does not determine your wage.
3369  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 09:05:07 AM
If the bank flys you to a foreign country, takes away your passport, locks you in a compound and makes you carry out sex acts for pennies a day until you pay off the loan, yes.  Otherwise probably not.
Just answer the bloody question. It's amazing that lefties always do the same thing. Lots of words that say very little, and in as confusing and distracting a way as possible. Yes or no?

No. It lacks the coercive elements.
3370  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:53:07 AM
If the bank flys you to a foreign country, takes away your passport, locks you in a compound and makes you carry out sex acts for pennies a day until you pay off the loan, yes.  Otherwise probably not.
3371  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:41:58 AM
If debt bondage is slavery then a bank loan is slavery. You are being deliberately absurd. Your entire argument is based on false premises. And as usual, you know it.

One random quote from the US State Department:

Quote
Thai victims are recruited for employment opportunities abroad and deceived into incurring large debts on broker and recruitment fees, sometimes using family-owned land as collateral, making them vulnerable to exploitation at their destination. Thai nationals are known to be subjected to forced labor or sex trafficking in Australia, Bahrain, Brunei, Canada, China, Germany, India, Indonesia, Israel, Japan, Kuwait, Libya, Malaysia, the Maldives, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Sri Lanka, Taiwan, Timor-Leste, the United Arab Emirates, the United Kingdom, the United States, Vietnam, and Yemen.

https://www.state.gov/documents/organization/210742.pdf
3372  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:37:15 AM
If the only advocacy you are doing is typing on a bitcoin speculation thread, then its probably about as an inefficient of an advocacy campaign as you could possible choose to do with your time. Thats why it comes across (and seems more likely to be) much more of depression-like complaining, pontificating and lamenting.

Yeah my local politician is sick of my phone calls.  He is also sick of my fund raising for the other side because he isnt doing shit.  With any luck he will be out of a job next election.  
3373  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:34:35 AM
Okay you are just making shit up now. We are done here.

Read the website yourself



https://www.globalslaveryindex.org/
3374  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:26:10 AM
And this is where you need to prove that actual slavery happens in the UK, if you have decided that shithole countries are no longer your focus. Assertions with no evidence can be discarded with no evidence.

https://www.globalslaveryindex.org/2018/methodology/overview/

Includes:

Quote
all forms of slavery or practices similar to slavery, such as the sale and trafficking of children, debt bondage and serfdom and forced or compulsory labour, including forced or compulsory recruitment of children for use in armed conflict;
the use, procuring or offering of a child for prostitution, for the production of pornography, or for pornographic performances;
the use, procuring or offering of a child for illicit activities, in particular for the production and trafficking of drugs as defined in the relevant international treaties;
work which, by its nature or the circumstances in which it is carried out, is likely to harm the health, safety or morals of children.

Jayme Closs in the USA would be the quintessential example.  https://edition.cnn.com/2019/01/19/us/jayme-closs-case-moment-by-moment/index.html
3375  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:25:13 AM
Yet you try to use those to disprove a completely different claim that you have made up (and constantly keep changing with new examples). All while trying to portray me as some kind of inhumane devil.

The point I am making, which you seem to be incapable of understanding, is that it is often outside of the power of the victim to change their circumstances.  Because they are a fucking slave.  

And there are relatively easy ways for us as Westerners to improve their situation.  But the ethos I see constantly repeated on this board (Ibian being a classic example) is that we shouldn't try, even if it is in our own interest to do so.  And I find that disgusting.  
You have not even managed to identify the biggest western problems. Slavery in shithole countries is not among them.

USA has 400,000 slaves, shit country.  9,000 people in Denmark in slavery - shitty place.  Canada, 17,000 slaves.  Cold and shit.  Australia, 15,000 slaves.  Warm and shit.  Switzerland, 14,000 slaves.  Chocolate and shit.  Etc.  

3376  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:21:46 AM
Quantify it in numbers and actions. What's your plan? What will it cost? What will the tangible benefits to us, not them, be?

Ok 50 people on chairs to properly enforce modern slavery act in the UK, including legals and enforcement.  Call it a budget of £25 million.

Start with basic shit like making sure British Airways isn't using Chinese prison labour to clean their airline headphones (happens alot).

Cost to BA:  exactly the same, because the profits were just going into the prison's superintendent's pocket.  BA wasn't getting the work any cheaper, if anything quality was probably down.  

Benefits:  some poor schmo in China is now getting paid properly to clean those airline headphones, and immediately spends that money on rice.  China is a big importer of rice from shitholes like Pakistan and Vietnam.  Those countries then get richer.  Some guy in Pakistan that was going to be a suicide bomber now has a job as a rice farmer, so he doesn't blow up the Danish embassy.  

Of course I made all that shit up but the basic principles are there.  We all benefit from tiny efforts to help those in need, even if it isn't immediately obvious.  

3377  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:08:13 AM
Yet you try to use those to disprove a completely different claim that you have made up (and constantly keep changing with new examples). All while trying to portray me as some kind of inhumane devil.

The point I am making, which you seem to be incapable of understanding, is that it is often outside of the power of the victim to change their circumstances.  Because they are a fucking slave.  

And there are relatively easy ways for us as Westerners to improve their situation.  But the ethos I see constantly repeated on this board (Ibian being a classic example) is that we shouldn't try, even if it is in our own interest to do so.  And I find that disgusting.  
3378  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:04:22 AM
You keep ignoring one crucial thing. How does trying to get rid of slavery in shithole countries benefit us?

In broad terms, everyone in the world benefits when living conditions are raised for the world's poorest.

Henry Ford had the right idea:

Quote
In January 1914, Henry Ford started paying his auto workers a remarkable $5 a day. Doubling the average wage helped ensure a stable workforce and likely boosted sales since the workers could now afford to buy the cars they were making. It laid the foundation for an economy driven by consumer demand.
 https://www.npr.org/2014/01/27/267145552/the-middle-class-took-off-100-years-ago-thanks-to-henry-ford

If you are poor, when you are given money you will immediately spend it.  That is consumer demand.  Giving money to the very poorest, increases consumer demand which feeds the economy as a whole.  If we enable the poorest 50% of the world to buy basic necessities of life, you would see the biggest bull market the world has ever seen.  Lifting the living standards of the very poorest, even slightly, makes us all richer. 
3379  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 07:51:17 AM
Name me one example in which you will see strictly better results by complaining than by thinking up different potential solutions. You can't. Because complaining is a destructive force with a net effect that is either zero or negative.

What you call "complaining" I call advocacy.  And advocacy works.  We wouldn't have the UK modern slavery laws without advocacy.  

Making it illegal for Western companies to profit from slavery is highly effective, because the directors go directly to jail.  And guess what, company directors sit up in their chairs and pay attention when you say "if you don't do X, you will go to jail".   Then the directors tell their C-suite, "don't fuck up on X, or I will fire you without hesitation".  Those are real results, in real time.  

That is one you will see strictly better results by "complaining" rather than blaming the victim.  

Because what you are doing is blaming the slave for being a slave.  And that achieves nothing.  People like you avoid having to take responsibility for anything by always blaming the victim.  "If he wasn't such a dissident, he wouldn't have gone to Chinese prison camp". 
3380  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 07:15:57 AM
If said slave chooses to spend time that he could've used e.g. on devising an escape plan on complaining.

That's a joke right?  

We are talking about young girls who are chained to beds to work as prostitutes.  We are talking about kids on fishing trawlers in the middle of the Pacific Ocean.  We are talking about people who have been in North Korean concentration camps for two generations, whose entire family will be executed if they escape.  

Your opinion is they should not complain about their circumstances, and we as wealthy Westerners should not try to help them?  
We should not try to help them. We should keep them out of our country. We have enough problems to deal with. Some of them arguably more severe than theirs.

Yup.  Conservative in a nutshell.  I won't lift a finger for anyone that isn't me - fuck them.  Good one.
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