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1461  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 09:09:28 AM
Korean exchanges just can't get enough. We are at an all time high and they are still leading by about $2000.

At some point someone HAS to figure out how to arb these exchanges.

When the Chinese exchanges were at a premium it was much harder to arbitrage. But there must be some wealthy Koreans that want to take advantage of this opportunity.

I looked into it.  Korea has forex controls so getting money out is hard. You have to do some shit like buy Hyundai’s and ship those out to get your money out.

The reason locals are buying bitcoin is to send it offshore and circumvent their own forex controls that way.  They don’t care the price it just lets them move funds offshore. We are watching the won inflate against bitcoin in real time.

At about a bitcoin a piece, they soon overflow your carry-on.
1462  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 06, 2017, 08:41:36 AM
hey guys , just a general question. From time to time a take a small profit , i do that by selling for usdt on poloniex, and then buy bitcoin and sent it to bitstamp to sell it there for euro. works charming so far.
but what about kraken, there i can sell it directly for euro ... is kraken any good? also the limits are higher on kraken to sell... please advise , i dont have experience with kraken

Kraken has been solid, but can't handle trading (or even loging in) when volumes are high.  With patience and planning it works fine, just don't expect too much from their servers.  Their XMR prices are high, too  Wink
1463  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 06, 2017, 08:21:43 AM
I don't think the Monero rise is over yet, just look what is coming over the next few months. Multisig, Hardware wallet, android and iOS wallets. I can really not wait.

Bullet Proofs, Kovri, etc.  Wallets are great, and all, but look what's coming, under the hood!

1464  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 07:08:34 AM
If living off-the-grid means no internet and no human contact, then NO WAY.

somehow I think not having people around is going to be the least of my worries, more likely to have to take measures to keep them at arms length

High ground.  Ranged in all directions.  Barbed wire.  Check.  Get some of those nasty little drones, too!
1465  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 06:27:17 AM
No mansion for me, more like a a hobbit house

but off the grid, hell yeah


You saying that because you don't have enough bitcoins or because you don't want to draw attention to yourself?


By the way, we all gonna be fucked if prices reach $111k, so better have enough coins.

I mean, we gonna be so fucked in the head from RICHes that we gonna have some difficulties figuring out spending, diversification, security.. and some fucking ass new standards that are out of our regular comfort zone... so gotta kind of tentatively start planning, so we not be so shocked...

Have any of you guys actually lived of grid?
It's not as fun as it sounds. When I was a kid we would often spend time in my grandparents summerhouse, with no electricity. You had to get up in the middle of the night to keep the fire going, you had to pump the water by hand, you had to heat the water on the fire, no shower, just a quick hand wash.

They later installed electricity and it was bliss, electric water pump and heating, and all that (but still no shower, they were the old generation who took a bath twice a week or so, the rest was hand wash).

I would love to live of grid, but you simply cant make enough electricity for electric heating, you would have to have a wood burner or oil burner for that. And that's not my cup of tea, except as a backup. Hopefully though, they will soon come up with some kind of high capacity battery that makes wind/solar possible as the only energy source.

Things have changed a lot. Now you can have solar panels efficient and cheap enough to power the whole house. Of course it depends on where you plan to live off the grid... better chose a place with good sun and warm weather so as your electrical needs are not that much and get easily covered (batteries are still somewhat expensive). Water system is also doable provided you have some near source (again, chose the location wisely).

That said... I find the idea of living off-the-grid a king of joke that is only possible because you are somewhat "parasiting" on the technical evolution and infrastructure of "the grid". And it is only a very finite number of people that can do it or otherwise the grid would crumble and we would all be miserable.

OTOH, The idea of just cutting from the electrical grid sounds very appealing to me. Even if living in the middle of a major city. Energy independency is a thing. We are almost to the point where it could be even cheaper than getting it from a third party.

With a proper rain catchment system a single house should be able to support its occupants on 8-10"  per year rainfall. 20-25cm.  That's not a lot, so I suppose it's rationed, but doable.  There aren't very many places that dry anyway, so the point is generally moot.  Where I live I think we get that in a day, from time to time Cheesy All you need is a place you can dig in the dirt, and not be flooded.  Don't forget security, view, and weather particular to your location.
1466  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 05:56:34 AM

Have any of you guys actually lived of grid?
It's not as fun as it sounds. When I was a kid we would often spend time in my grandparents summerhouse, with no electricity. You had to get up in the middle of the night to keep the fire going, you had to pump the water by hand, you had to heat the water on the fire, no shower, just a quick hand wash.

They later installed electricity and it was bliss, electric water pump and heating, and all that (but still no shower, they were the old generation who took a bath twice a week or so, the rest was hand wash).

I would love to live of grid, but you simply cant make enough electricity for electric heating, you would have to have a wood burner or oil burner for that. And that's not my cup of tea, except as a backup. Hopefully though, they will soon come up with some kind of high capacity battery that makes wind/solar possible as the only energy source.

Yes I have and the technology has come a long way.

A modern catalytic stove will easily keep the fire all night, nearly 24 hours as a matter of fact.  Personally I much prefer wood heat.  I currently live in town and I miss having fire in my life.

Flat plate collectors on the roof coupled with a heat exchanger on the stove for hot water, or on demand propane if you are lazy.

DC pump and some solar to run it.  It really isn't that hard.

For heat, if your house is so inefficient as to need it, a nice wood fired rocket mass heater is the clean and efficient way to go.

BTW,  building codes set a MINMUM insulation.  It shouldn't be taken as a fucking standard.  The waste in this society is mind boggling.
1467  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 05:50:16 AM
No mansion for me, more like a a hobbit house

but off the grid, hell yeah


You saying that because you don't have enough bitcoins or because you don't want to draw attention to yourself?


By the way, we all gonna be fucked if prices reach $111k, so better have enough coins.

I mean, we gonna be so fucked in the head from RICHes that we gonna have some difficulties figuring out spending, diversification, security.. and some fucking ass new standards that are out of our regular comfort zone... so gotta kind of tentatively start planning, so we not be so shocked...

Have any of you guys actually lived of grid?
It's not as fun as it sounds. When I was a kid we would often spend time in my grandparents summerhouse, with no electricity. You had to get up in the middle of the night to keep the fire going, you had to pump the water by hand, you had to heat the water on the fire, no shower, just a quick hand wash.

They later installed electricity and it was bliss, electric water pump and heating, and all that (but still no shower, they were the old generation who took a bath twice a week or so, the rest was hand wash).

I would love to live of grid, but you simply cant make enough electricity for electric heating, you would have to have a wood burner or oil burner for that. And that's not my cup of tea, except as a backup. Hopefully though, they will soon come up with some kind of high capacity battery that makes wind/solar possible as the only energy source.
Off grid doesn't mean roughing it.  That's off-rocker.  It's not terribly expensive to build a fully self sustaining dwelling that provides all of your water and some of your food.  Investigate Earthship building.  No, it doesn't have to be as hippie ugly as most examples.  Also, good solar has been around for a few years.   It just costs more than walmart solar.  Add geo, wind,hydro and hydrocarbon  as location dictates. Personally, I'm not counting cost as a major factor these days anyway.  Just have to find the right location. Within the next 2 years, it's happening!
1468  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 04:36:35 AM
I want like $15850

because reasons

Come to Canada.  We got what you want  Grin
1469  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 04:24:35 AM
I would be very happy to consolidate around this range for the next few days.

OK.  You just catch up with us when you feel like it  Tongue
1470  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 06, 2017, 03:55:56 AM
monero criminals are only gonna be 0.0001% to benefit rest will be fools
such shit coin like monero needs to stop which has poised the internet with digital money and untraceable transactions shit
people would convert their black bitcoin money with with shit coin its a safe haven for criminals... rest are just jackass rolling here for profile on exchange lol

Your incoherent compositions become soporific.

 Ignored.
1471  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 06, 2017, 03:28:57 AM
Monero has recently shown excellent growth. Since November, the price rose from $ 85 to 280 more X3. You can be happy for XMR holders of tokens. I wonder will there be a correction after the growth. I want to believe it. Because it is now expensive to buy

I find, in this space, a little bit of patience to be prudent but too much patience to be a recipe for disaster. There is no such thing as a strait shot to the moon. We will either see a correction or a consolidation soon. Even if its a brief one. Things happen FAST around here but not so fast that you cant wait 24 hours to see how it shakes out.

That's my 2 moneroj anyhow... Now worth almost 600 dollars... Kinda ruins the effect...

Haha  it ain't 45 cents anymore, that for sure.
1472  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 06, 2017, 03:15:21 AM
Monero has recently shown excellent growth. Since November, the price rose from $ 85 to 280 more X3. You can be happy for XMR holders of tokens. I wonder will there be a correction after the growth. I want to believe it. Because it is now expensive to buy

Huh you can buy 0.000000000001 XMR.  Most can afford that.  Oh, and that correction?  We are in it, for the moment...
1473  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 02:59:53 AM
whelp...I guess that wedge has resolved itself


anyone have a link to that bitcoin retirement calculator?

You mean that here:

https://retireonbitcoin.net/

god no

this was a divestment calculator, you entered some basic parameters like how much you start with and how much you want to end up with by when and it spits out a structured sell plan

http://bitcoinsavingsplan.com/

http://xzist.org/amazing-bitcoin-retirement-fund-calculator/
1474  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 06, 2017, 02:48:37 AM
Wow. Nearly half a billion USD volume in the last 24h Shocked

Yay! Cheesy




That was so 10 minutes ago.

Korea:  Catch me if you can!
  Everyone takes a breather.  Bithumb pours on the coal.


Nice.  Good to see some rationality at poloniex, at least.
1475  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 06, 2017, 02:42:53 AM
MONERO IS A SCAM COIN ... ONLY CRIMINALS WOULD BE INTERESTED INTO SUCH ODD FORK OF BITCOIN
SHIT COIN
SHIT MONERO NO MONE ITS MONEY SPELLING  ERROR LOL

LOL  Retard  Cheesy
1476  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 06, 2017, 02:37:25 AM
Fees are becoming onerous again.

until all the fancy tx size reducing code is thoroughly reviewed.  Then an axe will be taken to the fees with the next hardfork.

Are you speaking of mimblewimble?



Bullet Proofs, and other tasty treats. Reducing Tx size by an order of magnitude will confer the same on Tx cost.
 I love how all this stuff is proposed for bitcoin, and the Team says, Oh good, we can use that!  While everyone else sits on their thumbs, or waves their hands.  Or one of each, IDFK.

IKR? I heard FP talking about mimblewimble so I went and did a little research on it. Turns out the thing that is preventing them from implementing it on bitcoin (besides endless governance problems) is that you cant do any sort of on chain scripting with it. But monero doesn't try to be anything other than a currency so its a perfect fit. My crypto investment strategy has been to focus on projects that may be able to address the shortcomings of bitcoin. Namely the lack of scalability, fungibility and privacy. I took a big position in monero because it deals with the latter two but its starting to look like it might also be one of the best bets for scalability too!

Monero.  It's Just Good Money.
1477  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 06, 2017, 02:35:28 AM
lol first of all who needs such shit currency where transactions is untraceable unless your a murderer or selling bad drugs
This coin is another shit coin which people are just buying for the heck of new algo  which does not serve a good purpose
common think again how many will use such currency 0.00001% criminals who want to be hidden in their dungeon nobody needs such scam technology shit coin.
BLACK LISTED MONERO

.  If an idea sounds stupid, often it is because you just don't get it.  With some study, and reflection, or perhaps even wealth (motivator to get it) you may look outside your blinders and discover the value of fungibility/privacy.  If not, well, whatever.  To each it's own.
1478  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 06, 2017, 01:23:40 AM
FEBO's 425 December high is beginning to seem a lot more likely. I hope not though, because the blowback could hurt the big picture.  300 seems safer.

Was it Febo, or Johnny Mnemonic?   Regardless, we could use a short break here...

add:

Doesn't look likely though.

There's $250 on polo.

270 average.

BTCXMR on polo is looking realllly peaky.  break .0225 before retrace?  Or the imminent 5B USD coinmarketcap ?

Well, that happened.  What's next?
1479  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 06, 2017, 01:01:08 AM
Not even close to BTC ATH. Cmon lets do dis

Not today.  1 Week - 10 days?  Where are all the handwavey bots saying but but but impossible Huh
1480  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 12:56:08 AM




Pretty much..  Hodl 'em if you got 'em.  Or front run their game, if you have that skill set/luck/balls.
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