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621  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 13, 2014, 05:47:55 PM
Or at least dial back on the tautologies: "You heard it here first, now is a good time to X"
and
"Broken at a protocol level"

Exactly which layer of the protocol is not a protocol level?
To say otherwise would be to say that Bitcoin is perfect, and development is complete, and development should then stop.
622  Bitcoin / Legal / Re: the Leave Us the Hell Alone Bill and The new bill, H.R. 5777 on: December 13, 2014, 03:54:00 AM
Personally, I use Excel to track this, so I place little value on such a tool for my own use.  However, I suppose most users would probably find some benefit in it, since some math is still necessary before numbers can be entered in a tax program to fill out form 8949.  That having been said, due to the potential for liability claims in the US tort system, I wouldn't want to be involved in such a project unless it included lawyers, accountants, and possibly even corporate protection.
Agree on the tort issues.  US is not a great place to do business.
On Lawyers, accountants and corporate protection.
Check, check, and double check.
623  Other / Politics & Society / Re: Study: Everyone hates environmentalists and feminists on: December 13, 2014, 03:51:49 AM
Indeed, when I saw the penguins flying south to the rainforests, to the very areas that Greenpeace in their prescient wisdom were gathering at, I knew that the world was warming.  The birds and the animals know before we do, when changes are coming, and we may take this as a vital signal of the pulse of the Gaia (peace be unto her).

Are you feeling any numbness in face, legs or arm... especially if it is on one side?
Dizziness, or trouble speaking?
I care for your safety.
624  Economy / Economics / Re: The reason that crude oil price crashed on: December 13, 2014, 03:38:04 AM
But then we should throw this question around. How come Opec does not react to cut down the oil production. They could easily bring up the price if they want to and that is a big IF. It's a matter whether they want to do it or not. Is there some kind of agreement going on?Huh
So by not doing something it is a conspiracy... or by doing something it is a conspiracy?

Even if there is no conspiracy, there must be a conspiracy not to conspire about the conspiracy.
It probably has a lot to do with Nostradamus and the trilateral commission, because oil.


Or.... maybe OPEC know that the dropping price will cut production because all these new shale sources will no longer be economical?  Market forces will take care of it for them?
They don't really have to do anything and they get everything they want anyhow.
No conspiracy is needed when the information is public and easy to find:


625  Other / Politics & Society / Re: Arrested for feeding homeless people on: December 13, 2014, 03:21:00 AM
If he gets a license then he will have had to receive some kind of instruction as to handle food properly/safely and would be subject to inspections (monitoring) by the local government agency responsible for monitoring food safety. If he does not have a license then such local government agency will not know to monitor him

You probably didn't know this, and are just here to take snipe shots for mo gubberming, but his organization teaches those classes for food safety.
"In addition to feeding the homeless, Love Thy Neighbor operates a culinary training program that Abbott says has helped more than 400 people learn food service skills."

But yeah, more monitoring.  Maybe the "monitors" will learn something about food safety from the guy that was doing it for more than the last 20 years without incident.
626  Other / Politics & Society / Re: Illinois Just Made it a Felony for Its Citizens to Record the Police on: December 13, 2014, 02:48:15 AM
As you say, the law clearly states

"when one or more of the parties intended the communication to be of a private nature under circumstances reasonably justifying that expectation."

The two parts required for something to be deemed private are;

'one or more of the parties intending it to be so' AND 'it taking place in circumstances reasonably justifying that expectation'.

The theoretical cop can not reply on the first part without also satisfying the second part of the same clause, as per my earlier examples.

You say "Being out in public WOULD NOT bypass this law at all, and I know this for a fact. You know how I know this? Because they were enforcing a previous version of this law intended to stop illegal wiretapping, against people filming IN PUBLIC in order to charge them with felonies. The supreme court struck this practice down, now in order to regain this ability, they are modifying the law to explicitly give them the power to do so. You have far too much blind faith and trust in law enforcement who have no desire or obligation to help you, but only a mandate to CONSUME you and all that you own, because at the end of the day all they are, are armed revenue collection agents for their localities going into massive debt. Your well being doesn't factor into it anywhere."

So they (the police?) 'enforced' the previous law (that was subsequently struck down) - and?  The police can arrest you (and try and make a case) on suspicion of pretty much anything... which is where you get your day in court, if it even goes that far, to make your case that there was no reasonable expectation of privacy and you therefore didn't break the law.  IF, and only if, the court interprets the 'reasonable expectation' element as absurdly as you obviously expect them to then I'll join you in righteous indignation over the implementation/outcome - until then I'll keep faith that a court, jury (and yes, possibly even the police) would 'do the right thing' (vis a vis determining 'reasonableness').

Side note: actually, I've had several good experiences with helpful police officers (and a couple of not so good experiences) - so am far from trusting them 'blindly' - although I do trust them, overall, to perform their jobs to the best of their abilities, etc - that may have something to do with them not being armed or revenue collection agents for the locality here (ok, so about 10% of our police are now armed - but that's irrelevant.)

Courts are often completely insane.
You know they convicted Bernard von NotHaus of Counterfeiting because his pure silver medallions might be mistaken for the Nickle-Copper stuff the US Government makes?  So they confiscated millions of dollars of silver even though THEY LOOK NOTHING ALIKE.

Getting your day in court is not always what it is cracked up to be, especially when it is you against law enforcement and only a jury of your "peers" standing between you and a career ending felony.
627  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: December 13, 2014, 02:10:07 AM
Due to the unprecedented interest in NLQI shares The Marquess now offers 1.5M per share and there are 10 available at 2M.  Please accept our apologies for the price volatility while we seek some market clearing prices.  Congratulations to any who wish to enjoy this 50% price appreciation in just one year by cashing out.

In this year, NLQI has promoted 45 of its workers to higher positions, and hired a total of 65 in order to sufficiently meet the business objectives previously described.  We have also constructed some new facilities.
Additionally, our lead engineer, a strange young Saracen named Taki, keeps talking about doing something new with fire and water, and no one can figure out what he is talking about.  It is starting to distract some of the workers so we are sending him to the University along with a stipend of 1 Million Moneritos for the year.

Please Lord Chancellor Smooth, if you can find anyone in your establishments that can make any sense of this Taki the Ottoman, feel welcome to do with him what you will, and then return him when he is less distracted by such notions?  If he persists, we may have to promote him to "cook" or something just to keep him out of the way.  Maybe he will do something interesting with tea kettles after all.  All this talk about moving rainwater out of the quarry by using fire instead of buckets is pure nonsense as far as we can tell.
628  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: December 12, 2014, 10:53:32 PM
I'll take 1 more managerL2
1 more manager
4 more foremans
Well done!  It looks like NLQI needs to raise the prices on the tavern alcohol and start watering the drinks!  Lose lips sink bricks.  Wink
Also Asenath invites His Holiness Bishop David to send some clergy on Sundays and we'll stop serving the liqueurs on those days except for their communion wines.
We aim to foster the health and well being of these hardy workers, in order to promote more of them into experienced and strong workers, and the natural leaders among them into foremen.  The other quarries will likely soon need some folks that know their way around a successful operation, so we may lose some to the competition too if we don't provide for all their needs.

629  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 12, 2014, 07:05:07 PM
yours is certainly the predominant view and logical at a certain level.

i only pt out however that 2008 never allowed markets to "clear".  the debt buildup since has only multiplied thru unsustainable policies.  we could be entering the blow off phase of a multi-decade inflation with QE being the culmination of those policies.  i do find myself conflicted on what's happening as, in general, i'm an optimist as to what tech and Bitcoin will bring to society but i am also a believer in cycles.  it's time for another down cycle to clear mkts.  gold's multi year drop may be leading the next deflationary phase.

just be cautious.

I'm with you there.  The macro view is pretty borked in ways that make unborking unlikely without an entirely new paradigm.
The deflation is only a piece of that mess, and is being managed to make the massive QE inflation game take longer to play out on the hopes that something weird happens and it doesn't turn calamitous like usual.

Optimism?
Maybe this time is different.  Maybe alien time travelers will visit us and show us the new plan.  Maybe we find an efficient, portable, and safe energy storage device.  Maybe we will all live forever.  Lots of good things can happen, and I don't really want to talk about the bad things because they are just what usually happens historically when the string plays out on this game and we reach the end of the spool.
630  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: December 12, 2014, 05:43:07 PM
Whilst you were buying here, kronicblazer was buying direct on the corporate registry.
The IPO is officially oversubscribed, and closed (Sorry Asenath, you get to buy none at that price, you are too slow).
As all IPO participants know, this means the price rises now, and it will be up to market forces to decide the price going forward.
(I am now a buyer of up to 50 shares at 1.1M for anyone of those buyers that want the fast profit instead of the long term benefits, 10 are available at 1.3M)

Edit: To be clear, all orders were filled both Kronicblazer, and all three of Lord Saddam's orders.
631  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 12, 2014, 05:24:41 PM
i've been saying all along we're in a deflation.  this is a big indicator:


Low energy price in this case may be less an indication of a decreasing economy and more a supply/demand issue, and stronger dollar.
The low oil price will be accretive to growth everywhere except oil exporters (as of this year, the USA is also an oil exporter, but not at all significant by percentage of economy).
Some costs will be reduced, some additional capacity will be turned on.  It will be a savings to some industries which will increase profits and growth.

In the sense that all "productivity" increases also create deflation, then yes, it is an indicator of deflation, but only by that weird measurement.

We may be in a deflation anyway, but oil prices are not indicating that so much they are indicating a supply glut.  Oil may be priced what it was in 2009, but just not for the same reasons.

Oil Demand and usage has increased, not contracted.

AND... lower prices are going to bend this projection chart upward further toward more demand, because lower prices means more consumption is coming, not less.


"Uncertainty" is going to mess with equity markets for a while, but earnings season is going to be pretty nice for a lot of companies that are petrol dependent.
632  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: December 12, 2014, 04:49:53 PM
After a few short hours 15 Shares remain of NLQI @ 1M each, who will take them?
Going once...
633  Bitcoin / Legal / Re: the Leave Us the Hell Alone Bill and The new bill, H.R. 5777 on: December 12, 2014, 03:56:03 PM
OK, It is a problem.
Maybe slightly less of one depending on how the guidance finally settles out.  Maybe more of one.

Say I have a tool that will compute all this cap gains for you based on block chain data?  Securely, client side, with none of your data retained?
How much is it worth to the US taxpayers?

The tool was developed for tracking purchases in gold and silver, the block chain just makes it easier.
If you want to invest, I can have you talk to the CEO.
634  Other / Politics & Society / Re: Arrested for feeding homeless people on: December 12, 2014, 03:43:07 PM
Some public parks will let just anyone host their child's birthday party there and distribute food to kids (oh think of the children!), some of it might even be a cake with dangerous flaming things on top.
Other parks require signups, maybe in this part of Florida such a birthday party requires a license.
In some New York areas you can get arrested for serving a too-large soda, or just pouring any into a very large cup, even if you have such a license.

All these places can make up their own rules, and you can go to places that have rules that you like and avoid the ones you don't.
It is wrong to say they can't make such a rule.  It is not wrong to laugh at them for making it.
Chewing Gum and connecting to open WiFi is illegal in Singapore
Handling Salmon in a Suspicious way is illegal in UK
But gum chewers are welcome in London and strange salmon are OK in Singapore (so long as they don't chew gum).

There are also some grandfather clauses, and yes even for some auto safety regulations.  Possibly most famously, seat belt laws don't apply to old cars, (now about 50 year old cars are exempt, early 1960s before they were first required).
They possibly could have considered grandfathering this guy in, he is sort of an institution there, he has been doing it so long.
635  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 12, 2014, 02:58:11 PM
I was on the fence about buying a new Xbox.

This settles it.  Merry Christmas!

I didn't have a console, ever. I quit playing computer games at some point.

I think I might get a TV or projector and a steam box.

When is steam going to accept Bitcoin? Now that would imply a rocket.

(I know one can buy steam games with bitcoin through 3rd parties, that's not what I mean).


I quit years ago as well. But I still have one teenager left at home. But who knows? Maybe I'll start again just because of Microsoft. Just to support the cause. A part of me wonders just how much the tech has come along.

Your teenagers will use you as a punching bag.
I used to think I was good at a few games until I had a son.
It will be humbling, but you will have new things to talk about with them.
636  Other / Politics & Society / Re: Illinois Just Made it a Felony for Its Citizens to Record the Police on: December 12, 2014, 02:54:05 PM
BUT WAIT - It gets weird.

Now in California, this happened?

http://reason.com/blog/2014/12/11/oakland-protester-unmasked-as-undercover

"An undercover law enforcement officer attempted to infiltrate an anti-police brutality protest in Oakland, California, last night. But once his cover was blown, he drew his gun. A photographer snapped pictures of him pointing it directly at the camera."

Art imitates life imitates art.



I get that they are defending themselves against the guy on the ground (who allegedly hit one of the officers).
But why the gun pointed at the camera?

A Canon is not a cannon.
637  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: December 12, 2014, 01:37:58 PM
We exhort the operators to make their companies public by offering to sell shares in the similar way as several existing corporations do, with the operator as the market-maker. This is best to be done right at the start, because the risk is best shielded when it has not yet been realized.

Exhortations from HM are words of deep wisdom from His Most Ancient of all Ancients.

And so without further ado,
A small trumpet sounds, a bell is rung and the New Liberty Herald proclaims:



The New Liberty Quarry (NLQI) is hereby opened, incorporated and open for shareholder equity purchases.

Initial investment portfolio:

150M Land
10M Inc
206.4M Buildings
25.5M Equipment
25.875M  Labor (yearly)



Corporate structure:
500 shares are created 200 of these remain available for public purchases.
All shares are common and voting shares, and are offered at an initial price of 1MM each!  (not expected to be available at this price for long)

The Marquess Joseph will make a market for these shares and attempt to maintain <>300 shares in order to facilitate swift and wise decision making through majority holdings (though it is whispered that Asenath in consultation with the most experienced director found among the formerly peasant quarries make the important decisions).  It will be an open market for both buy and sell after initial offer is closed.

Financial Governance and operations plan:
Stone will be sold in such quantity to pay the yearly labor salary for all workers and the balance to be held or sold as market forces dictate, with shareholders having always the option of first refusal at all stone purchases at the low market buy rate (offering a nice arbitraging opportunity to the more intrepid shareholders).  Shareholders are eligible to purchase a percentage of the warehoused stone at this discounted rate equivalent to their percentage of shares held PER DAY.
Warehoused stone may be sold to the public at large at the midpoint sale market price, with revenue from this accretive to earnings of shareholder equity.

Our engineers have told us that we have selected only the best area for quarry and our Director is well pleased with the operations so far.  To give a view:



The operational goal is to make swift work of the quarry location and once the stone supply there is exhausted, to then dissolve and remit to all shareholders the value.

Operations are viewable here:
https://docs.google.com/spreadsheets/d/16Hu2qsR0KMPlbiOq9Pu5EXHuSZ50IisbbNYhKLcNwlE/edit#gid=579857194

And also on the Char DB / Quarry Tab

Asenath has offered to buy all shares remaining for sale after 24 hours at the offer price.
638  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: December 12, 2014, 11:45:02 AM
I'll commit 5000 gold each to HM, Roopatra, Bishop David, Paulson and Asenath, keeping 1700+ reserve votes....for now.
Asenath will vote herself 4500
639  Bitcoin / Legal / Re: the Leave Us the Hell Alone Bill and The new bill, H.R. 5777 on: December 11, 2014, 11:26:50 AM
It also asks that cryptocurrencies be treated as currencies (not assets) ending the crazy IRS nonsense of adjusting for each and every transaction as a capital gain/loss.
My thoughts on this:
https://bitcointalk.org/index.php?topic=883790.msg9785132#msg9785132
tldr: You have to keep track of cost basis and calculate gain either way, so the capital gain/loss adjustments have greater potential to help even the average user on taxes than the small transaction exclusion.

Please consider that transactions less than $200 can not possibly have more capital gain than $200 and are excluded.  This reduces the record-keeping requirements significantly for those with mostly small transactions.
640  Other / Politics & Society / Re: Arrested for feeding homeless people on: December 11, 2014, 10:59:57 AM
after they eat,they will shit wherever etc and nobody will clean it up
This is not likely the issue either.
If people eat, they shit, and someone (possibly themselves) clean up.
if people don't eat, they die, and someone (not themselves) clean up.

There are already public restrooms on that beach.

The violation is a food safety ordinance, go figure.  Without the city licence, the homeless would only be able to sue this 90 year old guy that has been feeding them for the last 25 years before the new ordinance.  If they suddenly got sick on his food (and not the stuff they pulled from the garbage) they wouldn't also be able to sue the city.
The city wants to also be responsible.
The license is easy to get, but it can also be denied.  This seems to be one of those "principle" disputes.  There aren't really any practical concerns, just a power struggle between a long time resident and his city.


Emergency rooms cannot deny anyone medical care, so the taxpayers are on the hook when indigents get food poisoning.

Because old people in Florida do not wish to spend their final Golden Years living among human excrement, they will have to pay to clean up the used food left in the park and surrounding lawns/streets/sidewalks.

The idea that the 90 y/o or his pet homeless are going to clean up their own mess is laughable, wishful/magical thinking.  The park/beach is intended for the enjoyment of the general population, not a helpless subset of addicts and crazies.  When Little Sally comes to visit Grandma and they go to the park she doesn't need to see a junkie, with a needle sticking out of his arm and rolling around in his own filth, taking up a stall in the public restroom.

The park/beach isn't the only place they can eat, so your deadly dilemma is completely false and only for cheap emotional effect.

As has been mentioned repeatedly, they are welcome to eat at appropriate venues with proper food handling, plumbing, etc.

When we arrive in Libertopia and all public property is privatized, these problems will disappear.  Until then we must accept the quasi-legitimacy of local communities acting in lieu of proper rational actors to prevent externalities, or else suffer the tragedy of the commons.

Now I'm confused.  Is he supplying free heroin or free food?

Where your whole diatribe falls flat, is that he can get a license easily and cheaply to do exactly the same thing.  The mythical old people and sally aren't stopping him at all.  He just doesn't want to get the license because he doesn't believe that he has to since was doing this in that same place when the guy that invented the license was a toddler.

The "community" isn't against the activity.  There is no lack of plumbing or facilities.  The food handling is fine too.  What is missing is the license.

I suspect that he will learn that he has to either stop or get the license, but that nothing at all will change once he does.  No fewer people will shit or get sick, no externalities will change.  Just a license whose cost is far less than the expense to process it in this case.


Though I agree with your principles, those aren't the main inflection points in this conflict.  The city wants him distributing food there and then, but just wants to control and organize it.  For example, with licensing they can arrange for others to do so on other days when he isn't there.
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