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1241  Bitcoin / Press / Re: [2018-04-16] Buyer Loses $278,000 USD in Bitcoin Robbery on: April 16, 2018, 10:47:08 PM
The buyer was stupid, but not wrong and even implicitely comparing him to the robber is just poor journalism. There's nothing illegal about buying things in cash, even if the sums are in the hundreds of thousands. He certainly is a moron for walking around with that kind of money without protection though. Especially since the "broker" was clearly a shady figure with no reputation.
1242  Alternate cryptocurrencies / Tokens (Altcoins) / Re: █【ANN】【ICO】█【ICO LIVE】 ██ 🌟 BLOCKLANCER ██ JOIN GIG ECONOMY BOOM on: April 16, 2018, 10:43:22 PM
lancer token trading on DDEX exchange. now lnc pumped 212% on ddex exchange..
will it dump again to 0.01$ ? or it will be pump more ?? even that blocklancer have not release main platform yet..


Volume is low on DDEX, I believe it will level off somewhere in the middle for a bit before it pumps again

it took a long time to look like LNC pumping, because all still fixated with things that are not fair from this project.
I hope it does not take time, the team restores LNC's reputation in the community
Anybody who claims that there's anything unfair going on is delusional and has zero understanding of reality. The bounty was transparent and the only thing they could've really done differently would be to give a multiplier to people longer/more active in the bounty and/or to limit the number of participants, the latter of which would be detrimental to the project itself.

People who expect to get rich off of pressing a share button are just professional whiners.
1243  Other / Meta / Re: Who is able and willing to moderate the Politics & Society section? on: April 16, 2018, 10:38:38 PM
Also suggesting Sir Jet  Grin

Thanks for the suggestion, but I'm too radical and politically incorrect to be a mod there.

I've also got too many people on ignore to moderate anything other than my temper. Smiley
Given the OP I don't think Theymos would even want somebody politically correct to be a mod here.
1244  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 10:25:03 AM
I am pretty sure you can game the tax systems by “earning” all your income while offshore or in a tax free jurisdiction  and not staying in any particular Western country for more than 179 days [does not work for US citizens]

So fly to Dubai to cash out your BTC and then go skiing for a couple of months, rinse repeat. 
The problem that I have is specifically with owning property in that kind of situation. I don't want to go from hotel to hotel or Airbnb to Airbnb for the travel part. But if I could just own two houses and have each of them set up as a fully functional base then I would be perfectly happy to just fly over from one to the other every 6 months. Just haven't found anything specific regarding this edge case yet.

Yup, 6 months here 6 there is pretty ideal. I've been doing perpetual summer for the better part of 20 years and its worked out very well.
Depending on the country, ownership of land or house can get tricky, especially in SE Asia it has a particular set of headaches. I prefer to rent/lease long term in Asia which also gives me the option to pick up and go much easier if needed and own in the countries which I have citizenship.   
Sounds perfect. Turns out Japan has 6 month long recreational Visas as well, so with that I might just be set. Next steps, figuring out the paper work and finding a suitable second long-term base.
1245  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 09:32:51 AM
**except fire ants (op pls nerf)

Fire Ants are the worst fucking things to come across (besides black widows, tarantulas, or brown recluses) when gardening or working on your lawn, HOLY SHIT I'll tell you hwat.

I make those fuckers pay by making it snow with ant killer powder, and the mounds are usually completely dead and dried out within a couple days.

Feel like Chemical Ali or some shit when I go into my pest-killing rage-state. Rick finds it endlessly amusing how I get a vicious mean-streak when it comes to dealing with stuff like that.

I once got the bright idea to pour a pot of hot boiling water on an ant mound. Fucked their shit up reel gud, but also killed the grass Sad Oops. So yeah, chemical shit from now on I guess.

Oh yeah. One of my buddies in Austin is doing major renovations on their house, and the uncovered a huge tarantula colony living under their house.

Good times.
Burn that fucking house, it's no longer habitable.
1246  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 09:09:27 AM


**except fire ants (op pls nerf)
1247  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 08:12:31 AM
I am pretty sure you can game the tax systems by “earning” all your income while offshore or in a tax free jurisdiction  and not staying in any particular Western country for more than 179 days [does not work for US citizens]

So fly to Dubai to cash out your BTC and then go skiing for a couple of months, rinse repeat. 
The problem that I have is specifically with owning property in that kind of situation. I don't want to go from hotel to hotel or Airbnb to Airbnb for the travel part. But if I could just own two houses and have each of them set up as a fully functional base then I would be perfectly happy to just fly over from one to the other every 6 months. Just haven't found anything specific regarding this edge case yet.

I think in Thailand you have to be a citizen to buy...you can lease, which is what most foreigners do. Actually most marry a local and the wife buys the property.
The citizen part was what I was worried about. Seems to be that case everywhere. I know that foreigners can buy property in Japan, but it seems like that is only for commercial purposes (such as renting out). Suppose using family could work though (in case there are no decent countries that allow non-citizens to own property for private use).

About 9 of 10 people, i know, lost everything this way, in Thailand. Don´t do it !
It´s a wonderfull country, but just "rent" there.

My Plan: Retirement Visa, and if they decide to open a Karaoke right opposite (which happened to me, complete with a gun waving Thai, never ran faster in my life), i´ll just move.




I'm not interested in Thailand (already lived there for a while and wouldn't want to retire there). I'd like a house in two different Western countries (or one Western country and Japan) for tax purposes though, just not sure how viable that strategy is.
1248  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 07:23:45 AM
The McAfee Curve
Interactive chart with the math behind it.

Pretty interesting have a look.

https://fnordprefekt.de/

There is a discussion on r/bitcoin on reddit.
The date lines up way too conveniently with an exact $1,000,000. Seems like he tried to fit a curve that would do just that as opposed to crunching numbers.


Edit: It's also a very basic curve and doesn't seem to have any hint of point set topology as he claimed numerous times. Although that might be due to point set topology just being topology and thus the basis of just about all Math and certainly analysis. In which case there would be no reason to bring it up in the first place.

I'm not a topologist though, so I wouldn't know if there is any reason to specifically mention "point set" topology.

In either case, if this website is based on his "models" I fail to see the analytical rigour that he touted so proudly.

Very basic curve, in fact, it's a straight line.
It's a nonlinear curve if you zoom out far enough. Speaking of which, I once had a Math teacher that insisted that linear functions are any line, not just straight lines. Not sure if he was retarded or if he just didn't like my attitude. Probably both.
1249  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 07:11:59 AM
The McAfee Curve
Interactive chart with the math behind it.

Pretty interesting have a look.

https://fnordprefekt.de/

There is a discussion on r/bitcoin on reddit.
The date lines up way too conveniently with an exact $1,000,000. Seems like he tried to fit a curve that would do just that as opposed to crunching numbers.


Edit: It's also a very basic curve and doesn't seem to have any hint of point set topology as he claimed numerous times. Although that might be due to point set topology just being topology and thus the basis of just about all Math and certainly analysis. In which case there would be no reason to bring it up in the first place.

I'm not a topologist though, so I wouldn't know if there is any reason to specifically mention "point set" topology.

In either case, if this website is based on his "models" I fail to see the analytical rigour that he touted so proudly.
1250  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 07:03:16 AM
I am pretty sure you can game the tax systems by “earning” all your income while offshore or in a tax free jurisdiction  and not staying in any particular Western country for more than 179 days [does not work for US citizens]

So fly to Dubai to cash out your BTC and then go skiing for a couple of months, rinse repeat. 
The problem that I have is specifically with owning property in that kind of situation. I don't want to go from hotel to hotel or Airbnb to Airbnb for the travel part. But if I could just own two houses and have each of them set up as a fully functional base then I would be perfectly happy to just fly over from one to the other every 6 months. Just haven't found anything specific regarding this edge case yet.

I think in Thailand you have to be a citizen to buy...you can lease, which is what most foreigners do. Actually most marry a local and the wife buys the property.
The citizen part was what I was worried about. Seems to be that case everywhere. I know that foreigners can buy property in Japan, but it seems like that is only for commercial purposes (such as renting out). Suppose using family could work though (in case there are no decent countries that allow non-citizens to own property for private use).
1251  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 06:41:41 AM
Sure.

The US has a problem in that it’s citizens still have to pay tax on their global income even if they are not US tax residents.  This is a uniquely US problem afaik.  

Giving up US citizenship for something like NZ citizenship is one obvious route.  You can buy NZ citizenship through an investment scheme. 

https://www.newzealandnow.govt.nz/investing-in-nz/visas/investor-visa

Giving up your US citizenship comes with an exit fee plus you have to pay taxes on all of your assets as if you sold them right then (even without selling it).
In my book Bitcoin is still pretty cheap, so getting the fuck out of the US would be my highest priority before the exit tax multiplies by another factor of 10 to 100. What's the point in being a digital nomad if you're still paying taxes on anything over 102k (you could freelance and get paid in Bitcoins)?
1252  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 06:40:01 AM
I am pretty sure you can game the tax systems by “earning” all your income while offshore or in a tax free jurisdiction  and not staying in any particular Western country for more than 179 days [does not work for US citizens]

So fly to Dubai to cash out your BTC and then go skiing for a couple of months, rinse repeat. 
The problem that I have is specifically with owning property in that kind of situation. I don't want to go from hotel to hotel or Airbnb to Airbnb for the travel part. But if I could just own two houses and have each of them set up as a fully functional base then I would be perfectly happy to just fly over from one to the other every 6 months. Just haven't found anything specific regarding this edge case yet.
1253  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 05:47:15 AM
Bitcoin does not solve A SINGLE PROBLEM that physical silver and gold does not already solve better.
Nope. Here's a problem Bitcoin solves that silver doesnt. I want to hold something that isnt a physical object and that I dont have to have physically guarded. The silver can be be lost or stolen by force or by natural disaster, etc. Its also heavy and impossible to conceal when travelling by airplane.

Was going to say not to quote the troll but another problem gold and silver has is my situation as a digital nomad traveling the world. How do I pack up all of my belongings and relocate to my next country (as I tend to do) with all of my gold in my suitcase?

The amount of bitcoins I have I can protect with some steel plates and information in my head. I can carry them through even countries like Thailand, Cambodia, Vietnam without worrying about them getting stolen or having security confiscate it at the airport. To carry the amount of gold or silver equivalent to how much I have in bitcoins...well, actually I literally could not carry it.

I have no idea how I would pay my hosting service every month with gold. Or buy my plane tickets, book my hotel rooms, buy stuff on Amazon, etc.

I haven't needed to open a bank account here in Tahiti thanks to Bitcoin...I don't need to go to the rip off exchanges in the countries I visit. The rate charged at the local exchange from USD to CPF is literally 20%.
Is it possible to own property in some of the Western/Asian countries as a digital nomad? E.g. could I own two or three homes and just rotate them (without being liable for taxes)?
1254  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 05:43:14 AM
Bitcoin does not solve A SINGLE PROBLEM that physical silver and gold does not already solve better.
Nope. Here's a problem Bitcoin solves that silver doesnt. I want to hold something that isnt a physical object and that I dont have to have physically guarded. The silver can be be lost or stolen by force or by natural disaster, etc. Its also heavy and impossible to conceal when travelling by airplane.
Silver isn't a limited resource either. Nor is it practicable to carry around enough of it to buy a house, or even a car. Heck, I wouldn't even want to pay a new TV in 10 kilograms worth of silver.
1255  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 04:23:28 AM
I love this thread.

obligatorycatlovesthread.png
1256  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 12:38:18 AM
https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig 🎶 🚀 While in North Carolina last week with best friends, we sat around a bonfire 🔥 picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button
Nice trash BCash reference
1257  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 12:33:05 AM
I'm not sure if I've posted this on WO or not either, but I'm all for just simply merging with AI as this will make the AI threat irrelevant by "upgrading" humans. Given the alternative I would be surprised if this did not happen. There'll be some religious and moral/ethics folks that will oppose to this, but they can just remain as normal humans in their own societies for all I care.

Those societies will end up looking like ant colonies to the posthumans, so you sure as hell want to be on the side of the machines.
I really can't wait to see what reality will seem like when humans are "just" ants. Wonder if we'll really become machines though, with Crispr-CAS-9 being a thing I'd imagine more of a hybrid.

Also, with communication and information processing speeds decreasing drastically, will post-humans even be distinguishable individuals in the far future? Or will the collective become an actual sentient being (e.g. lots of post-humans combining into an individual brain)?
1258  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 15, 2018, 10:26:15 PM
At least IBM seems fairly confident in quantum computing hitting the mainstream industry within 5ish years. So we're not too far off from actually interesting new tech developments.

Still excited, but impatient as hell. Need a fast forward button for life (one that doesn't drain your life span).

I don't mean to offend (although this likely will), but I see you've drank the Koolaid. You will be disappointed. IBM is the #1 Repeat Offender.

One days years from now, you'll look back and see the continuous Tech cycle pattern for what it actually is: all hype and bullshit designed and marketed to get people to spend money, and to create tech jobs and departments out of thin air, always building future solutions looking for a problem that doesn't exist. Hardly any of it really improves human life to any real degree.
I don't think a person that could successfully offend me exists, so no worries about that.

But alas, while there's a lot of empty hype on the tech (and every other) front it's patently false to classify it as just hype and bullshit. We literally went from being fucking monkeys in pretty houses to having everything that we have today in just about one generation. If you showed even 0,01% of what we have today to people from 100 years ago they'd burn you at the stake for witchcraft, and people from roughly one generation ago would put you in an asylum for making any such claims.

And progress does without a doubt accelerate as everything new can be combined with everything old to create new things, of which some will be further new things that can be mixed and matched with other innovations.

Hence, a snowballing process is not just simply observable, but objectively undeniable.

Thus I predict that you will be the one looking back to this day, years from now, no longer recognizing the world that you live in.

The thing about exponential growth, be it crypto, population, tech, whatever -- never forget what the backside looks like.  Nothing goes up forever, the only question is: How High?  then comes the crash.  
Things stop growing once something else replaces them and continues the exponential growth. Horse carriages got displaced by cars, trains and planes. Symbolic language on slabs of stone by primitive forms of written word on paper by digital data. Theatres by TV by internet.

If you really look at the full picture you'll find that the exponential trends never stop, they just relocate.
1259  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 15, 2018, 09:47:43 PM
No brainer. A dalek.
1260  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 15, 2018, 09:30:13 PM
I never understood the argument against automation. Why would anyone want a paid job if there are tools that can take care of it? Are people really so desperately helpless that they won't be able to lead a happy life without some superior telling them what to do with 70% of their wake time?

You also seem to forget the fact that production costs slowly but surely converge towards zero. And since money is unlikely to disappear even in a world of virtual abundance you won't see masses of people being broke and homeless, because they would otherwise riot and go to war against those that have.

There will either be a UBI (which could be pulled off today since fiat is a joke anyways and merely an illusion given the levels of production going on nowadays as opposed to the old times of hyperinflation and scarcity), or people will be "paid" for their data.

UBI would lead to a Socialistic society, where governments would increase personal income taxes to first 60%, then 70%, then 80%. And they would increasing tell/regulate you how you can spend your remaining money. And they will tell you where you can and can't live. That is not a life. Corporations would be zombie corps and industries run by AI and androids, and human involvement would be minimized to merely the Executive Elites. Hyperinflation would inevitably ensue worldwide.
Even the executive elites would be replaced at that point. And I don't see a problem with that. I'm not sure if I've posted this on WO or not either, but I'm all for just simply merging with AI as this will make the AI threat irrelevant by "upgrading" humans. Given the alternative I would be surprised if this did not happen. There'll be some religious and moral/ethics folks that will oppose to this, but they can just remain as normal humans in their own societies for all I care.

Regarding the UBI, that is indeed a concern (the socialist government part, not so much the "zombie" part which I don't care about as I see no remarkable difference between humans, animals, and human or superhuman level AI). And there's surely going to be some opposition to such forms of UBI as well.

But with corporations buying user data we would end up with a society that has a functional UBI, but not in a way that governments control it. Although it's arguable whether or not corporations controlling your income is any better.

However, that's just the basis for survival and there's always demand for other things that an individual can choose to learn to supply to increase their wealth. That wealth will also create more freedoms and potential independance of UBI/selling your data. Overall, I'd still judge either as an upgrade to what we have now, where survival is still a very real issue. It's not like offshore banking will disappear or not be replaced by Bitcoin/Monero either.


The answer is to skill up in skills needed by the automation software industry.  If you cant beat them, join them.  

But what happens when AI starts writing the software on their own, and better than a human could?
By that point AI would be capable of optimizing production processes and research in such a drastic fashion that survival and entertainment would be essentially free for all.
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