Bitcoin Forum
May 25, 2024, 08:11:46 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 [39] 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 ... 313 »
761  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:16:40 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.  
I'm neither Ibian nor have I ever stated that people shouldn't be helped.

And you haven't made any fucking point.

You're deliberately missing a point that should be so obvious that it's incomprehensible that you try to argue against it, when it would do much more to help society than your whining. You're telling people to whine, I'm telling them to shut the fuck up and seek out incremental improvements in their own life-style.
You then keep coming up with slaves and child soldiers, which can neither be easily saved by Westeners nor are they in any way relevant to the point that I've made (nor do they disprove it, quite on the contrary everything you've said was evidence for my point).


P.S. I find your attitude disgusting, and expected more out of you than to assume that a call for self-improvement over self-pitying could in any way be constructed as "the most unfortunate people should be left to rot". Get your head out of your fucking ass.
762  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 08:02:55 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.  
This just shows that your reading comprehension skills are non-existent. You're filling gaps that never even existed.

The quote of mine stated that:

An individual which chooses to invest their individual time into complaining about their individual situation instead of trying to improve their own individual situation doesn't deserve an improved situation. (Spoilers: Always the same individual.)


You now take an outsider, e.g. yourself, complaining on behalf of a victim (which you made up) to disprove my assertion.

None of what you've tried to state here has anything to do with what I've stated.

In my statement, the slave girl or child soldier or whatever the fuck you want to use as an appeal-to-emotion example (any individual can be used here, really) is better off investing their time into figuring out any way to improve their situation over complaining over their situation.
Complaining will do nothing to improve their situation, especially in the outlandish situations you've named here.

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. That's some serious mental acrobatics that I would only expect out of a lawyer.
763  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 07:50:42 AM
I say that both of you (jbreher and BTCMILLIONAIRE) are on the wrong side on this subject. Many times it is just random events, and not the effort.

Which is, of course, why the lazy and the stupid are universally wallowing in riches, and the soup kitchens cater to those that identify opportunities and work ceaselessly to attain the next rung up.

Right.

 Roll Eyes

I have no fucking idea what whining and the lack of effort both of you keep talking about. It is probably something personal since you are so adamant about it.
Watch "Trading places". A bit of exaggeration, but an interesting idea. Not sure if it was tried IRL, though.
There is an interesting source, though:
https://www.marketwatch.com/story/how-hedge-fund-geniuses-got-beaten-by-monkeys-again-2015-06-25
This all started with someone whining over wealth inequality and the widening wealth gap. Which should be completely irrelevant to literally everyone except data fetishists.
764  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 07:46:28 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?  
You keep pulling shit out of your ass and trying to shove it down my throat.

You act as if I had stated that considering helping them or actively (trying to) do so shouldn't be allowed, which is false. None of that crap has anything to do with the argument though.


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.
Nobody is stopping you from helping others, and props to you if you're not just a hypocrite running your mouth and actually doing what you preach to others (which I doubt). But none of that has anything to do with the fact that energy invested in complaining is wasted energy.

Best case you will make people aware of a given problem, but if that was your goal there are vastly more efficient ways that won't cause other gullible people to just complain as well.
765  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 07:09:27 AM
On an unrelated side note. It's quite interesting how the subsets of shared opinion holders on this thread seem to go through all possible permutations.
766  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 07:05:27 AM

But to come full circle, what does that have to do with BITMILLIONAIRE's original statement? I shall repeat it once again, should you have already forgotten.

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

Ok let's take slavery.  Yes there are slaves right now.  To wit:

Quote
Modern slavery is defined as slavery, servitude, forced or compulsory labour and human trafficking1. The 2016 Global Slavery Index estimates that 45.8m people in 167 countries are living in modern
slavery today2. The majority are victims of exploitation in private sector activities, such as manufacturing, construction and agriculture. Forced labour and slavery is big business — the International Labour
Organisation estimates that illicit profits from these crimes amount to US$150b per year. Businesses are facing increasing pressure to tackle the crisis of modern slavery head-on as awareness grows and
consumers demand more responsibility from their preferred brands. Modern slavery also represents a significant reputational risk to businesses as non-governmental organisations and the media ‘name
and shame’ companies who violate human rights.
 Source:  https://www.ey.com/Publication/vwLUAssets/ey-the-uk-modern-slavery-act-2015/$FILE/ey-the-uk-modern-slavery-act-2015.pdf  



Can we safely assume that Jbear and BTCMillionaire think that any of the current 45 million slaves in the world that has time to complain about about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.
If said slave chooses to spend time that he could've used e.g. on devising an escape plan on complaining.
767  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 06:59:52 AM
So you are stating that the child soldier in your example would be better off complaining than trying to figure out how to stay alive or find a way out of his current life?

I have been speaking in generalities but yes if that was his only outlet other than getting killed. I refer now you back to my original post, this is why speaking in absolutes is always wrong.
So you'd rather have people complain and die than having them trying to figure out steps to improve their life in whatever ways accessible to them. How is that supposed to ever accomplish anything?
768  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 06:31:37 AM
Allow me to pull it from the quote above:

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

You're welcome.

If you truly believe that is globally true then you are either blind or a fool. first world views for first world problems.
You cannot think beyond Nintendo fat slobs that leach off society.
The world goes beyond your front yard.

What opportunities can these kids take advantage of?

https://www.child-soldiers.org/where-are-there-child-soldiers

I have no idea. I'm not on the ground where '56 non-state organizations' in '14 warring countries' are employing kids in this manner. All opportunity is specific to the individual. You're going to need to be more precise in your inquiry.

But to come full circle, what does that have to do with BITMILLIONAIRE's original statement? I shall repeat it once again, should you have already forgotten.

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

And I will refer you back to my original reply to your snip of his post for your full circle.

So you are stating that the child soldier in your example would be better off complaining than trying to figure out how to stay alive or find a way out of his current life?
769  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2019, 06:27:43 AM
Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

As a person who had his first full time job being slightly less than 17 (took a year after the high school before enrolling in uni as I wanted to make sure that I was truly interested in this field), I say that both of you (jbreher and BTCMILLIONAIRE) are on the wrong side on this subject. Many times it is just random events, and not the effort. I had a few situations where a very sustained and qualified effort was there, but results were lacking and, in the opposite, when I almost did not try, yet the rewards were magnificent (as far as getting what i wanted accomplished fast). The connection between the effort and the results is tenuous at best.

On a side note:
Yeah, I get the tough love, but let see how you will react when your job is taken away by a super-smart AI in the near future.
There is a reason why all chess championships are not commercially viable anymore (ask Gary Kasparov) since nobody cares about how earthlings play when AlphaZero shows a true genius in the game and plays at the level humans can barely comprehend. Almost all of us might end up in a human "zoo" even sooner than I expect. Hopefully, bitcoin will make our days there more pleasant, but there cannot be any guarantees.
You're making false correlations. Just because it's possible to sometimes see greater results with less effort doesn't mean that it's generally desirable to put in no effort (or waste whatever effort you can bring up on whining). In any realistic scenario any individual that tries will perform better than the very same individual in the very same situation would without trying. There's just no sensible argument about this as far as I can see, although I'd be eager to hear one.

Implying that your efforts don't necessarily mean anything just because other people got more "money" or whatever without trying just doesn't make sense. Obviously some efforts will go to waste. But fact is, if you look at one individual person at any point in time that same person will be better off if they invest their time productively as opposed to wasting it on whining or doing nothing at all.




Also, the day an AI takes away humans jobs should be a global holiday. Personally, I can't fucking wait. As far as human zoo goes, I'm hard pressed to imagine a future in which we don't increase our own capabilities by making transfer of information from and to our computers more efficient.
770  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2019, 10:52:12 PM
Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

You're welcome.
In addition to this.

If all the people who spend their time complaining spent that time on finding sensible goals that are achievable by them and moved towards them, there'd be an inevitable increase in people who know what it takes to move upward as well as people who would be positioned to help their old peers do so.

I fail to see how a culture of complaining could in any reality possibly think to compete with this one. Anyone propagating that bullshit is part of the problem.
771  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2019, 08:31:43 PM
Relevance of anecdote?

Sounds to me as if you are claiming that, seeing as we all have access to different opportunities, it isn't even worth trying to improve your circumstance.

I call bullshit on that. Everyone has the same opportunity to endeavor to improve their situation.
You're an intelligent guy but now you are deliberately misunderstanding. It's obvious the point was quite opposite of 'not worth trying' as the girl in this story "worked hard to catch up".

What really is BS is stating that everyone has the same opportunity to endeavour to improve their situation. In order to do that you'll need, well, opportunity. If you're totally tied up in whatever circumstances you might not have that. This idea that anyone can just 'break free' at any time from any circumstances is just plain naive frankly.
The idea that "trying to improve your life" could somehow be interpreted as "just breaking free at any time from any circumstance" is just plain naive. When did anybody ever say that improving your life was generally easy? Where do you even take those arguments from?
772  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2019, 08:03:55 PM
No one is asking for life to be fair.  It isn't. 

Just don't deceive yourself that you hit a home run because you happened to be born on third base.  

WTF are you talking about?

Is there a point you are trying to make? Has something held you back in life? Is that your excuse?  Do yourself a favor and don't make excuses for yourself or others. Lets hold ourselves accountable. Life works SO MUCH better than way.



He's trying to explain to the dumbasses you are that saying something as stupid as "if you have time to complain you don't deserve to go up" that maybe, JUST MAYBE, there is a more systematic problem and that success is absolutely not linked to hardwork.

Shut the fuck up and get your head out of your ass.

Anyone saying that success is linked to hardwork deserves to be let alone in any third world country to see how their hardwork will be rewarded. Or in any poor family in any Western country.

Assholes.
I'll speak a language you can understand, as you've kindly started doing so yourself.

Your argument about hard work is fucking retarded. Only an imbecile would make that argument, as even a child understands that chopping away at a tree with a plastic butter knife won't ever do anything. Will it be hard work? Yes. Does it accomplish anything? No.

If you're too stupid to stop repeating what hasn't worked for your entire life and complain about the outcome that's on you.
773  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2019, 07:56:42 PM
Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

QFT.

+1

What he said.

What if they used the time, then figured out the solutions and then realized every one of those solutions would get them killed so decided to just sit back and complain until someone else finds a better solution that doesn't get them killed?

I can't even figure out what you are getting at. Working on life will get you killed? I guess in some sense. In the long run, we're all dead.

Life is hard. Buck up, bucko - or get lapped by those willing to put in the work.

I dated a girl for a number of years.

Her father was wealthy and powerful.  He owned 25+ houses that he rented out.  He was also a drunk and highly abusive.

The mother eventually divorced him after a series of domestic violence incidents.  The father decided to make the mother's life a living hell.   He hired lawyers to sue the mother for everything under the sun, stalked the mother and tried to destroy her friendship networks.  This went on for five years.  

The mother grew deeply depressed and semi suicidal.  My girlfriend and her sister at the age of 8 had to get the mother out of bed in the morning, get her dressed so the mother could drive them to school.  Some days they couldn't get their mother out of bed so they missed school.  

My girlfriend was incredibly smart and motivated but she missed a lot of school during that five year period.  It affected her grades and she had to work hard to try to catch up.  She also had the mental load of trying to parent her own mother through the divorce and aftermath.  There is no doubt in my mind if she had had a normal, stable childhood, she would have been a surgeon or rocket scientist.  Instead she will likely never achieve her full potential.  

Let's not kid ourselves that everyone has equality of opportunity.  Because they don't.
Equality of opportunity doesn't mean equality of hardships encountered either. You can have the same opportunities on a race track, but still end up staggering. Doesn't mean the other racers had better opportunities than you. Doesn't mean you were at fault for staggering either. The question is, do you get up or start complaining.

Your ex could have just given up, but she didn't. So she's better off than she would have been. And unless she's too old to move she still has plenty of opportunity to move upward. An average income is enough to retire as a (multi) millionaire if you invest a good bulk of it. Even if you start investing at 30-40.

P.S. You could also argue that those hardships made her more resilient against stress. Which could very well mean that it would be easier for her to achieve top 1% and higher goals than the average person. Would that mean that she had greater opportunities than others? And that the people without such hardships were dealt an unfair card?
774  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2019, 12:37:34 AM
and there's no such thing as lack of upward mobility.

I agree that each individual case mostly depends on someone's effort, however, there is some evidence that upward mobility has declined (for some reason, especially in the Midwest, less in NY, Massachusetts and Montana):
http://science.sciencemag.org/content/356/6336/398

You can argue why it happaned, but not whether it happened or not, according to the authors.

Lack of real upward mobility does not imply the lack of opportunity for such. There are all kinds of reasons not to move upwards. Tribes exist that specifically avoid all contact with anything outside of their world, by choice.
775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2019, 08:34:21 PM
A few interesting factoids and opinions:

Davos: the backlash
Corp profits above pay trend for a while. Author thinks that it should go back to trend.
https://www.bloomberg.com/opinion/articles/2019-01-21/davos-the-backlash-against-fat-cat-bosses-is-coming

An opposite opinion: why a few have so many?
Pareto law as an explanation (J. Peterson):
https://www.youtube.com/watch?v=-k_FfS1kHfY

Finally: tax collection employes supercomputer/service
https://www.wnd.com/2019/01/big-data-meets-big-govt-new-irs-spy-software/
Quote
It could also flag a person whose tax return shows relatively low annual income but whose social-media posts indicate something entirely different.

Integration of all three:

If the trend would become toward more taxation (as Davos article predicts), then the rich would probably employ crypto in some form, hopefully, bitcoin.
Bitcoin is dealing with high gini already, so it won't be a problem to absorb a $ trillion or two or ten.





this chart is old but it represents the wealth inequality trend It has gotten really bad over the last 10 years.

I'm sure most of you are wealthy enough or libertarian enough to not be concerned about the younger generation and lower class.  Millenials can't even afford to purchase houses,  most of the new wealth created is getting sucked up by the top.  Baby boomer generation could at least work a normal job and have a good life but today things are upside down.  The thing is this can't go on much longer before the inequality gets too out of hand and with job automation getting worse.  Will eventually be revolution unless things change.
We live in a world with finite space and constantly increasing population. Millenials can very well afford houses, but they want houses in heavily congested areas that they can not afford. I never understood why poor people would try to move to rich cities without having a job guarantee.
Millionaires could start complaining that they can't afford the houses of billionaires and it'd be roughly the same thing with an extra three zeroes. It's just a plain retarded argument that has no place in reality.

Furthermore, wealth concentrating among older people is also a more than obvious conclusion. After all, they had more time to mature in their financial decisions.

Wealth inequality is a non-problem and merely a propaganda talking point that distracts people from empowering themselves. I'm a millenial from a low income immigrant family by the way, and there's no such thing as lack of upward mobility. Just don't fucking spend 99% of your waking hours getting shitfaced and you'll at least move toward a comfortable upper middle class life with more than enough options to purchase reasonable real estate (multiple rooms, pools, saunas in most cities). It may not be easy, but it certainly is as simple as that.

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them. Whining and trying to steal from others who have done so before is going to do fuck all at best, and get a lot of people killed at worst. Just stop.
776  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 06:31:22 PM
Well this wee dip is a bit random.  

Edit:  so far has bounced off support as expected.  Nice.


Looks like a reasonable averaging to me around a price line smack through the middle of the barts.
777  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 06:29:59 PM
I reiterate;

CORPORATIONS DO NOT PAY TAX

Customers pay tax, on rare occasions shareholders may bear some of that burden for a short time.

This is not mere semantics.  To a corporation taxes licenses and fees are nothing more than a line item, part of the cost of converting one set of goods and services into another set of goods and services.  It will perform this conversion at a profit or it will cease to exist.  All costs associated in the conversion are passed to the purchasers of the output goods and services.

So if my company sells products or services to the government, does that mean the government has paid tax for me?
Customers of government services are not governments but citizens. Often involuntarily so.
778  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 01:41:46 AM
Took the TALISKER single malt whiskey

Any good? Still gotta bring it .... Wink
It's somewhat peaty which isn't for everyone / harder to get into. It actually tastes surprisingly sweet once your palette adapts, with hints of something salty.
779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2019, 07:41:18 PM

 It's probably not a good idea to convert your pocket change into Bitcoin dust since the transfer fees would be more than the amount however if you have something like this - brb


Edit: apologies.  This is actually my daughter's bag of change (wrangled from her mother and I originally) so I had to answer 20 questions before I was allowed to borrow it!



 There is probably over $50 in this bag.  As the denominations get smaller it becomes more of a pain to roll them and exchange them for bills.  The Coinstar machine is great for that though the fee is upwards of 10%.  Can't wait for the Bitcoin though!  I have TUBS of pennies to exchange Wink



10 % ? F...!

Couldn't this work like a faucet where you can only move your BTC once you have a minimum amount ?
LN and/or batched withdrawals should fix any tx fee issues. Or am I missing something?

Also, if I used cash at all I'd be happy to throw my change into a Bitcorn machine for a 10% fee. I lose most of the coins I have anyways or throw them into random tip jars and whatnot.
780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2019, 12:59:58 AM
Fuck this market, i sold 60% of my btc yesterday. if it goes on like this for the next three months, I'll sell everything.  Angry

Good good you cannot do any better

I am serious, I don't have time to play.

Did you buy at 19k?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 [39] 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 ... 313 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!