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4761  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 12:19:12 AM
The problem is that smarter people are capping their parenting to one or two children (or none) while the low IQs/irresponsible people do have on average more children even if they can't support them. So that's what next generations will be.....

Couple that with the advances in technology/optimisation of processes that will get rid of MANY current jobs that will become unnecesary/obsolete and you have a recipe for a perfect disaster.

It's simply postponing the inevitable battle to the death when the sustainability runs out. Then the pasty maggots will be turned into pies by well-hung Vikings and the cycle begins again springing from the firmest of loins.
4762  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 07:42:30 PM
As you guys know (or should) I always keep an eye on www.coinatmradar.com to see how it grows.

Is there anyone here other than Mr. Toronto who actually uses these things? They seem weirdly quaint an idea to me. Literally everywhere else will give you a better rate on average.
4763  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 04:31:48 PM
It doesn’t sound like a much needed apology to me

Am pretty confident this person is our modern equivalent of this forum's Shroomskit who admitted that 3-5 different people were using that same account. I think Cobra must be at least 5-10 different people who rent it on an hourly basis.
4764  Other / Serious discussion / Re: Adulthood is a scam, wish I could stay young forever on: April 24, 2019, 04:28:21 PM
I bloody LOVE being an adult.

I absolutely despised childhood and everything about it. It was a grotesque, constricting time and when I look back there are things about it that still amaze me. Why do what a blatant asshole tells me to do just because they're older? Including travel, school for me was from 7am to 5pm and then there was an hour or to of work to do at home too. Who the hell would take a job with those hours?

I left education at 18 or so but should've left at 4 or 5. Ever since then I truly cannot think of a single thing that school gave me to draw on. I learnt to read before I started school. Everything useful or enriching I've learnt after has been sought out and shoved in by me off my own back, and most of it during school too.

Much of what 'adulthood' entails - marriage, children, debt, obligation - is a conscious choice. None of that has ever been part of my life and it never, ever will. I didn't have more than $200 in my bank account for many years but I didn't care as there was always something to eat and somewhere to sleep, even if I didn't know where it was going to be at the start of that day, and I've long trained myself out of meaningless expense.

Adulthood is not a scam. The societal conventions that most people swallow and mindlessly pursue most definitely are. The whole solar system and beyond is waiting to be tapped if you figure out the approach that works for you.





4765  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 02:17:50 AM
N. Popper wrote about bitcoin in NY Times (BTW, not a very well thought out piece).
https://www.nytimes.com/2019/04/23/technology/bitcoin-tulip-mania-internet.html

Read the discussion. Some are defending btc, but many are absolutely clueless, yet aggressive.

I find him a weird character. Digital Gold had some great stretches and he must've done a huge amount of research yet he still comes out with sub Nouriel Roubini sindeyness every now and then.
4766  Bitcoin / Press / Re: [2019-04-22] You Can Now Shop With Bitcoin on Amazon Using Lightning on: April 23, 2019, 06:56:06 PM
Most people don't want to spend their coins, and I can't really blame them for that. Bitcoin is too precious to spend, especially when we're going through a bull market. Today's purchase will be tomorrow's regret.

There's an interesting, and painfully obvious, dichotomy. Holders want merchant adoption with the idea that the masses will pour in to buy Bitcoin so they can buy something else.

Of course no one's going to do that. The handful of weirdos who do quickly realise they don't want to let go of it either so they become another holder urging some other sap to try again and follow through this time around.

I happily spend all the time and apart from a few painful exceptions I'm perfectly content to buy something knowing there may be a huge price rise some day. At the time the amount of BTC fit and I only buy things that'll make my life better.

If the price goes into dreamland territory I won't really care if it doubles or triples again if I buy some big ticket items. It will have gotten high enough for whatever my needs may be.
4767  Bitcoin / Press / Re: [2019-04-23] SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin on: April 23, 2019, 06:30:08 PM
i'm sure glad they don't! these people put food on my table. the existence of impatient, greedy, and fearful investors is the reason why the rest of us can profit from trading the markets and also accumulate cheap for the next cycle.

someone's gotta sell the bottom! Cheesy

(although apparently he sold out in early 2018 long before the crash to $3ks. he must have had a massive position)

I can understand some nincompoop setting their inheritance on fire, but someone like that presumably has teams poring over things and advisers who sit in the bath with them.

It does say he favours short term bets but in that case he should've been heavy on stop losses or run away as soon as he gained his first 5-10%. Or perhaps he bought just after the peak. Even if he was high at the time he should be able to know a bubble when he sees it.
4768  Bitcoin / Bitcoin Discussion / Re: How huge is the job of the legislature in the improvement of Bitcoin? on: April 23, 2019, 06:18:17 PM
There is not and cannot be any regulation of Bitcoin itself. There certainly can be plenty about how custodial parties handle it and how it interacts with other areas.

The most useful thing legislators can do is remove uncertainty. There may well be a lot of pent up potential waiting for confirmation that what they get up to won't be nailed. Until all question marks are removed most won't bother risking the time, money and effort to look deeper.
4769  Bitcoin / Press / Re: [2019-04-23] SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin on: April 23, 2019, 06:03:54 PM
I can't believe a professional financier would buy at the emptiest peak of all time and then sell when it's in the toilet. There's now enough track record to at least get a little taste of what might happen in either direction.

A friend of a friend reportedly lost his mind after betting something like £300,000 with similar timing. When they told me I just said 'wut? Why not wait?'. I think everyone should have a complete market cycle uploaded into their mind a la the Matrix before making their first buy.
4770  Bitcoin / Press / Re: [2019-04-22] You Can Now Shop With Bitcoin on Amazon Using Lightning on: April 23, 2019, 05:40:47 PM
Crypto community should be sending a clear message to crypto companies that will not tolerate any kind of shady behavior that traditional companies like social networks and banks are usually engaged in. If not, then I don't see any big point in crypto at all.

If this company offered a 10% discount and said there was a 1 in 10 chance of them emptying your wallet you'd still get 100x more customers than haters.

The crypto community is largely made up of greedy dimwits and there's a few billion more to come.
4771  Economy / Service Discussion / Re: Looking for free token listing exchanges on: April 23, 2019, 05:18:55 PM
Here on this list it says listing on poloniex and huobi is free.Is it true?

There's one small issue with it. Your token has to be actually desirable both to them and traders.

The NEM foundation has maintained a policy of never, ever paying for listings anywhere. They get listed because it'll bring the people who list them more business.

I think by insisting on that they've lost out, Dash got themselves on to Kraken by paying them $50,000 and XEM still hasn't got a proper fiat pairing after all these years, but they proved a point all the same.
4772  Economy / Economics / Re: IMF blog - How to Make Negative Interest Rates Work on: April 23, 2019, 04:12:00 PM
The most interesting aspect of that report is their plans for cash. It's often assumed that they want a drive towards cashlessness, and of course they do, but in this report it specifically lays out the plans they have to penalise cash even if it's still around and create a two tier system.

That's a new one on me. There's got to be a point where enough people have had enough. It's one thing to lightly disguise it with inflation and printing. It's quite another to present you with a bill for the honour of storing your increasingly worthless money.

If real people had seen some benefit from all the previous loopy policies it would be one thing, but this goes from quiet piss taking to outright savagery on your bottom and bottom line.
4773  Economy / Speculation / Re: BTC: ($10K), $20K, $50K, $100K - when ? on: April 23, 2019, 02:03:24 PM
Well,
all us optimists were quite wrong.

But,
looks like another bull run starting...

Returning to 6 grand with some nice momentum certainly doesn't mean a bull run is starting. That's still nearly 3/4s down on the ATH. It may get there and sit and do very little for the rest of the year. Or it may take another shit.
4774  Economy / Speculation / Re: Bitcoin Golden Cross on: April 23, 2019, 01:52:33 PM
It looks and smells like typical TA bilge to me. The X percentages X months later look deeply arbitrary. I guess like all the best TA it could wind up as self fulfilling prophecy so it's just as valid or not valid as slaughtering a goat, chucking its gizzards at the wall and basing your trades on what sticks.
4775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2019, 01:32:09 PM
I am sure Elwar paid more than that for his seastead.

The truly ridiculous thing about the whole affair is that as far as I know he didn't own it or build it. All he was doing was occupying it.

It looked sodding horrendous to me but I guess the idea will keep your cockles warm when 900 metre waves are battering you for months end.
4776  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2019, 01:17:35 PM
Life is too short to risk it against dumb/corrupt governments. He already has the money to buy even a bigger boat than this and can live with his girlfriend without worrying about anything.

It's all about making the things you believe in real. That's to be admired.

I believe more in the average government wanting to slice me into small pieces than the original principle though.

The first person through the door always gets their head blown off. Everyone who comes after shuffles through without a squeak.
4777  Bitcoin / Bitcoin Discussion / Re: Unconfirmed News: Mt. Gox Automatically Filing Creditors for Repayment on: April 23, 2019, 10:41:05 AM
It should be pointed out that only those who were fully KYC'd will be eligible for this. I can't imagine that adds up to very many people as it was a different time in a different place.

I find it a bit strange that it wasn't automatic for such people from the start.
4778  Bitcoin / Press / Re: [2019-04-21]Top 5 Blockchain & Cryptocurrency-Friendly European Nations on: April 23, 2019, 10:17:44 AM
I thought that countries like Germany or Slovenia (Bitstamp), are also friendly toward croytocurrency.

I've never heard anything about Slovenia other than Bitstamp. Germany has very friendly tax treatments but they're certainly not friendly to exchanges. It's pretty much the only country where Localbitcoins has been driven out.

No idea either why Italy is on there. Not one single thing of note has come out of there. Prussia has probably achieved more in the crypto space and it's been dead for several decades.
4779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2019, 10:11:34 AM
And still, when that day comes then you Will always have to face the greedy demon of yes i’m rich where I wanna be when you reached your goal, but then many Will think It can be more and I wanna have more and NEW expensive things that are still out of reach Will become more interesting etc.... Smiley

When I reached however many trillions it was in paper value I celebrated by buying a second hand hat.

Then I sent it back because it was crap.
4780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2019, 09:23:13 PM
https://twitter.com/cryptopolis_x/status/1120352266836426752

Nasdaq having a flirt with BTC trading. Paper trading only or a slip up released early.

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