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621  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 09:41:22 AM
Tech support here? my scroll wheel started smoking when reading this topic?



Submerge it in water, that should help with the smoking.
622  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 09:23:03 AM
https://phys.org/news/2019-03-moon.html


Inb4 future generations extract so much out of the moon that it alters ebb and flow on earth.
623  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 09:17:43 AM
@VB1001 - When I started buying £100 bought nearly 1 whole bitcoin. Fast forward 5 years & imagine if we see that % increase in price in another 5 years. This is why you should never doubt yourself buying smaller amounts.

£100 worth of BTC now could be worth a shit load in 5 years. As I always say buy what you can afford to when you can afford to now & enjoy the profits in the future.

One day my friend all the patience will be rewarded.

I mentioned this several times before too.  I had some cash flow issues in 2015, and frequently in 2015, I would buy small amounts on a daily basis, even below $5 worth, just to stack away my buy for the day and some of those buys really added up... just imagine $30 would get you well over .1BTC.

  I know that currently some places will not allow you to make such low purchases, but I was able to make many low purchase amounts in 2015, and my point is that low amounts of purchases can add up and their value can become quite a lot more with the passage of time, too. 

hashtag Stacking satoshis.    Cheesy Cheesy Cheesy


But I agree with you, the small contributions to BTC over time add up.

(I have my friend Maine Coon hospitalized for severe kidney failure, the vet bills are altering my cash flow, luckily he is recovering and is at home.)
Glad your feline is doing fine. Our house cat wasn't so lucky when she had surgery. Curiously enough she spent orders of magnitude more time greeting me and seeing me off the last time I visited my parents. And she wasn't a social cat whatsoever so that begged the question of whether or not she knew or if it was just one massive coincidence.
624  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 08:49:27 AM
Seems like being a teacher at American universities isn't very lucrative (this guy is also my favorite you tuber). https://www.youtube.com/watch?v=s7lGCPX_8nc
Neither is it in Europe. Normal teachers earn some 2k Euros a month. And tenured university professors earn much more, but also only 80k Euros per year. Laughable if you consider their training and the fact that they pioneered the majority of cures and technologies.

Going to put the video on my evening playlist, looks interesting.
625  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 08:41:11 AM
Not sure if Mic already posted this, but:

Colorado's new Digital Tokens Act exempts cryptos from securities laws

https://twitter.com/Chepicap/status/1104067256391213058





Not going to post the direct link to the news in the Tweet because those fucking twats only show an "accept all cookies" button.
626  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 01:28:53 AM
Dammit i become one of those copy/paste robot drones Roll Eyes
Twitter—>copy—-> paste Roll Eyes

WoW of to the next place, this local El Nido AirPort is so small, check in, walk out into the plain (love those fast AirPorts)
Copy/paste has its place. There's no need to reinvent the wheel every single time.

To elaborate on my previous post. Copy/paste becomes a problem when it becomes the natural mindset for every situation with no attempts to generate unique thoughts. Also, people who fall into that category truly believe that whatever they happened to copy/paste is truth.
It also stops people from even considering other options, because school teaches you that one specific set of solutions is right, while others don't matter and/or are plain wrong. Reality could not be any further from that though.
Children are generally curious and open to everything, this changes once they hit school (or once their parents get tired of them asking questions).
627  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 01:14:54 AM
Funny how accurate the tweet is. Here's a comment from the video:

"Tom7
1 day ago
Exciting times. So glad all the NPCs parroting "BSV is a scam" will not be a part of this future, Bitcoin is truly an IQ test. "

And his avatar is the Indian guy wearing clothes made of gold.



And while I'm not sure it means much, since I'm quite biased against SV, the guy in the video looks disingenuous as hell and like the type of person I would never drop my guard around.
628  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 12:58:16 AM
https://gizmodo.com/u-s-army-assures-public-that-robot-tank-system-adheres-1833061674
Quote
In its request, the Army asked for help enabling the Advanced Targeting and Lethality Automated System (ATLAS) to “acquire, identify, and engage targets at least 3X faster than the current manual process.” But that language apparently scared some people who are worried about the rise of AI-powered killing machines.



meanwhile the price is really trying to go up

I never understood the whole human fetish. Sure, we might be in human shells, but how exactly is it bad to swap them out once possible? We've technically done so through evolution anyways, so nothing new is happening here other than the increased speed.

I'm also pretty sure that virtually nobody would say no if they could swap between flying around as a bird and their usual human shell. This isn't really any different other than a gross misunderstanding of what constitutes as life.
629  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 12:51:18 AM
https://www.nextgov.com/emerging-tech/2019/03/us-marshals-want-help-disposing-virtual-currencies/155381/
Quote
Stored cryptocurrencies must be kept in a segregated digital wallet set aside specifically for the Marshals Service and must be safeguarded against “theft, human error, system failures and acts of God,” the documents state. The contractor must also be able to “brute force,” or be able to hack into, wallets that are “locked by error or technical difficulties,” enabling marshals to gain access no matter what happens.

On the disposal side, the winning vendor must be able to convert the digital currencies to physical money, either by exchanging directly to U.S. dollars, exchanging for more liquid virtual currencies and assets or through a sealed-bid auction. The contractor must also have a mechanism for returning seized assets to the original owners when required.
....
Has anyone made projections on potential permanent loss of Bitcoins resulting from seizure due to criminal activity over time?
630  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 12:26:20 AM
Because more of the population needs to be there the level has been degraded on purpose. The degrees are inflated like fiat currency.

Especially the alpha studies are complete nonsense with mandatory attendance based grading. With the ever more free availability of information I think the future of universities as part of the education system will come to an end in the next decades allowing them to focus on research once more.

btw: Did you read about the US university last week which wants to start grading on effort instead of merit. LMFAO!
Not in the least surprised, although this is the first time I've heard of it. If governments would block that I would consider being for them, but they just make almost everything worse that they touch. Mostly because politicians aren't required to be the intellectual elite of the world, or even base their actions on logic and reason with public accountability.


The one and only thing that I am on the fence about with regard to governments is the rule of law. I appreciate that, although I am not 100% sure how much it's doing. I don't see humans allowing scum to roam freely, regardless of government intervention. Things might be much more brutal and cutthroat without, but then people would think twice before acting up.

Not saying that the rule of law is bad and I'm certainly not willing to take the risk of dropping it even for an experiment, but I'm not fully convinced that it's as important as it seems. Still, that's about the one and only thing that I can think of that I would give governments credit for. And even then, it mostly exists to protect the people in power with everything else being a pleasant side-effect. Everything else so far seems to be more harmful than productive, even if the supposed goals are, from time to time, positive.
631  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 12:05:09 AM
20 years of price changes in the United States...

Notice how government subsidized industries are the most expensive? 😮


College tuition in Belgium

Quote
Tuition fees at public universities and colleges in the French Community of Belgium are set by the regional government. For the academic year 2015/2016, tuition fees ranged from 374 to 836.96 EUR per year for EU students depending on their income and whether they are eligible for a grant/scholarship.

There are other reasons.  Don’t blame it on government subsidies
I'm in Europe and University has gone to shit here. The Bachelor/Master system is a complete downgrade and utter disgrace from what we had before in a country undisclosed. University is now school round two instead of being an institution that fosters research and critical thinking (in non-research students - which make up the majority of the student body). I was appalled at how cookie cutter Mathematics and Physics programs are and surprised at the resulting quality of graduates (before I realized the problem).

Also, thanks to university "being" (appearing) free, people who can't normally afford it are taking up bullshit recreational courses that don't produce any value in the Economy. I don't have anything against those and am interested in some of the topics myself. But when people get fooled into believing that they can study anything and get a job there's a problem. And when it's "free" they are ridden of any incentive to think about the implications of their actions.

I totally agree with you, especially regarding the The Bachelor/Master system.
But I also think that the government more or less pushing everybody in to university studies is to blame, it's become more like high school than university, with some exceptions.,When I studied in the late 80s early 90s it was still a bit special to study at a university, today it seems more or less mandatory.

The last point is also quite interesting. It really does seem as if a degree was mandatory.

But in reality, any self-driven and somewhat disciplined person would be able to learn much more by just not going to university and focusing on their profession of choice. University takes up too much time on mundane repetitive nonsense that doesn't teach you anything of value and takes time away from building a portfolio of work, while simultaneously driving most students into just blatantly copying assignments without learning anything.


When I was teaching I had to give classes and correct assignments, and 70% of them were identical (including spelling and grammatical errors).

As a job it was nice, because I'd have one pile of assignments where I marked the first one and then only copied off the final points, without any notes. That resulted in an hourly wage of over 60 Euros.

But when thinking about the implications for society that's just sad.


Which doesn't mean that University (even in it's current state) has no place at all, as anyone who needs someone or something to kick their asses to be productive can still benefit from them. But in most cases they just exacerbate the underlying problem that starts in elementary school. Namely turning curious and motivated kids into retarded unmotivated copy/paste drones.
632  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 10:30:34 AM
20 years of price changes in the United States...

Notice how government subsidized industries are the most expensive? 😮


College tuition in Belgium

Quote
Tuition fees at public universities and colleges in the French Community of Belgium are set by the regional government. For the academic year 2015/2016, tuition fees ranged from 374 to 836.96 EUR per year for EU students depending on their income and whether they are eligible for a grant/scholarship.

There are other reasons.  Don’t blame it on government subsidies
I'm in Europe and University has gone to shit here. The Bachelor/Master system is a complete downgrade and utter disgrace from what we had before in a country undisclosed. University is now school round two instead of being an institution that fosters research and critical thinking (in non-research students - which make up the majority of the student body). I was appalled at how cookie cutter Mathematics and Physics programs are and surprised at the resulting quality of graduates (before I realized the problem).

Also, thanks to university "being" (appearing) free, people who can't normally afford it are taking up bullshit recreational courses that don't produce any value in the Economy. I don't have anything against those and am interested in some of the topics myself. But when people get fooled into believing that they can study anything and get a job there's a problem. And when it's "free" they are ridden of any incentive to think about the implications of their actions.
633  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 10:22:57 AM
Thank you, you are very funny.  As in amusing.  Not odd.  Not odder than myself or anyone else here.  Which is a low bar but I enjoy our group of misfits.
I take great offense to that statement.


Might as well take the opportunity to note that despite our differences I enjoy reading your (non-TA; don't care about TA in general since I do my own) posts. Or perhaps because of the differences.
634  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 05:16:27 AM
https://bitcoinist.com/gemini-backed-bitcoin-interest-account/

6.2% annual interest for a Bitcoin account sounds appealing. The idea is good and may attract many investors. But what if BlockFi turns out to be the new Bitconnect? Who cares that it is backed by Gemini?Any thoughts on this?
There's no way they can sustain 6.2% annual Bitcoin interest unless they pay it in fiat or virtually nobody deposits/stays deposited.

Sounds sketchy but some might take the risk (not me).



Will they offer the same rate when Bitcoin is well above $100k?

Lending out just 2 coins will net you $10k every singel month...this sounds too good to be true.

BTCjam 2.0.
It does not if you base it on those fiat numbers. There are, sometimes, dividends that pay in that range. The problem with BTC interest is the limited supply. It's just simply unsustainable for any substantial volume or period of time. So either they'll get "hacked" or lower the rates substantially depending on liquidity.
635  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 12:08:43 AM
https://bitcoinist.com/gemini-backed-bitcoin-interest-account/

6.2% annual interest for a Bitcoin account sounds appealing. The idea is good and may attract many investors. But what if BlockFi turns out to be the new Bitconnect? Who cares that it is backed by Gemini?Any thoughts on this?

seems untenable really.

but. i did look around the site. no taxable event moving a coin there (or out i presume?). interest paid in same crypto as deposit. 1099 tax form sent with interest made for tax purposes. so you are taxed only on the interest. not sure how they figure that in USD when interest was in btc..

if you dont mind losing it, might be worth a play (for some). 1 btc or 45 eth minimum.

of course "not you keys not your btc."

risky but if you dont mind losing it all it might be appealing to some. as it would earn 6% that the btc in yer cold wallet doesnt.

nice, till you lose 100% of it. ooops

I follow one simple rule. I never do any "business" with anyone if I don't understand their business model and exactly know how THEY are profiting in the dealing. As I can't see here how they could profit from it it's a no-go for me.
By using the deposited coins to trade. Which makes it anything but risk-free even if you ignore general counter-party risk and hacks.
636  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 12:03:38 AM
https://bitcoinist.com/gemini-backed-bitcoin-interest-account/

6.2% annual interest for a Bitcoin account sounds appealing. The idea is good and may attract many investors. But what if BlockFi turns out to be the new Bitconnect? Who cares that it is backed by Gemini?Any thoughts on this?
There's no way they can sustain 6.2% annual Bitcoin interest unless they pay it in fiat or virtually nobody deposits/stays deposited.
637  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 12:01:06 AM
Mic, show us your pics from El Nido, Palawan in the Philippines. It looks very nice, but I have read that some of the 'tours' only give you about 45 minutes in any one place.

Wanted to keep it quiet .... but cause you Ask.... i Will provid a few this evening Wink

Its truely beautyfull down here, of-course the small town a bit dirty (with its charmes) but out town only green and beauty


IRL 10X more breathtaking ..... pic’s making it look more bad Roll Eyes

Wasn’t plan to put in to much pic’s, but it was on request
Me sorry
Roll Eyes

And WTF is that red in BTC ?

(In the sea’s I saw 0 plastic or dirty things where i was) i did saw Some Holland peoples Wink

Wow Mrs Goosens is a hottie  Cool

Is for sure NO lie Cheesy
Partially is if you keep refusing to put a ring on her finger. Wink
638  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2019, 06:28:48 AM
Big move coming... 70/30 it's an up move IMHO.  (Boy oh boy it's gonna be nasty if it's down)

There are only two possibilities:

1)  The US govt did not create bitcoin and thus dislike it in some manner.  They would attempt to cap it's price with ESF dark pools the same way they act towards real commodity money such as silver and gold and attempt to cap it at a few percent over cost of production until the $USD system implodes.  The price would then mostly move only during macroeconomic trends like if inflation skyrockets then they're forced to allow it to go up some.  When the market cap of bitcoin is very low - like $1 million - it's very difficult to cap the price since it can be moved with little money.  Now that the market cap is huge, it's easier to stop it.

2)  Bitcoin is a US govt created scam to try and trick people away from physical metals and into a designed to centralize, non-fungible, permissioned ledger, cashless society slavery system and they will be more than happy to let it rise.  Even if bitcoin wasn't created by them, they seem to still love the idea since evil cult of Judaism members like Larry Summers, Ben Bernanke, and their shabbos goyim slave Jack Dorsey promotes them.  They especially love the lightning network which is nothing more than recreating the exact same banking system that already exists.
Except that you can opt out and tell them to fuck off. You can also process your own payments without any permission if you have to.
639  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2019, 06:24:56 AM
Tell me how exactly a phone is going to know your name and other relevant information if you don't have a contract that links it to you. Or any accounts that contain information on your identity. Cause I'm pretty sure that AI isn't advanced enough to guess solely based on behaviour or otherwise read your mind right now.

wow

ummm, that isn't very hard at all...who do you call?  Where does the phone stop for long periods?  What do the people who text you have your contact saved as?
Still fully avoidable issues if you really care.
640  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2019, 04:48:31 AM
I do not carry a personal tracking device.
A phone doesn't know who you are unless you let it know.

You keep telling yourself that. and your CPU hasn't been compromised for decades either.
Tell me how exactly a phone is going to know your name and other relevant information if you don't have a contract that links it to you. Or any accounts that contain information on your identity. Cause I'm pretty sure that AI isn't advanced enough to guess solely based on behaviour or otherwise read your mind right now.


3 letter agencies could identify you based on: payment information (if using a credit card or most crypto), GPS and cell tower tracking data, recorded conversations, text, emails, website & web services logins, wifi network data, etc.
Well aware of all that and I repeat:

Quote
A phone doesn't know who you are unless you let it know.

Just making the point that if someone was worried about tracking on their phone they can fairly easily circumnavigate that issue.
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