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221  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 04:21:21 PM

blackle.com used to be a good solution. Looks, however, that they have not implemented https tho.
Google x Brave?
222  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 12:19:03 AM

That's a pretty odd use of the term 'per capita'. Which, of course, is defined as 'per each person'. How can we have 3.54 Americans killed for every American that visits Pakistan?
"Achieved" head count per murderer?
223  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 11:56:20 PM
Haven't really thought it through, but I'd certainly prefer that over uncapped benefits per child. A policy that is heavily exploited by certain groups of people and partially responsible for the anti-refugee rhetoric.

There was one family with two underage wives on public television proudly stating that they have no intention of ever working. All while receiving social welfare for each wive and child support for each kid. Of course people who paid 60% taxes their entire life and live around the poverty line will get pissed off at that, and rightfully so.

Yes. I may be sounding insensitive or non empathic... but it is when I think about those kind of people when I become that way. Too many groups of people FULLY AND COMPLETELY living off the rest, without working, and spending more than I do. It's completely crazy. Sometimes I think maybe I should become one of those. It really upsets me.
That family seemed genuinely nice although in that naive and incapable of grasping the consequences of their actions kind of way.


But they should not be supported and they are precisely why I am dead against any social welfare that isn't an unconditional UBI.

That much I can tolerate to level the playing field and disarm literally everybody who dares complain about wealth inequality. People go from 0 to Forbes 100 all the time and with a UBI nobody could even attempt to make a case for "exploitation" or any other types of "qq unfair".

But financially incentivizing the degeneration of humanity is just plain wrong. There's a reason why IQs in the West have been in decline. It's precisely because all responsibility is delegated to figures of authority with misaligned incentives.
224  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 11:48:51 PM
I've seen people struggle to use a photocopier or a fax and you're telling us they can become programmers? I'd like to see it.

Also, what about the structured knowledge of society that leads you down this or any other lucrative path in the first place? How would a dummy know how to judge these things? Last time I checked they were drinking industrial bleach as an elixir!
I'm sure everybody in this thread has seen people struggle with even dumber shit. For some reason some people either don't have the right mindset to identify solutions to problems by themselves or they are inherently incapable of doing so.

However, you can certainly teach those people how to use a photocopier or a fax and basic programming is no more difficult while also in high demand.

People who drink bleach as an elixir have already solved all their problems. The remainder can use the internet, which is what I did. I have spent years scavenging the internet for dozens upon dozens of different paths. There's no wizardry going on here, literally pick a bunch of acceptable categories and a bunch of desirable ones then go from there.


You can't tell me that people are too stupid to Google "What jobs Y that involve X are there and what are the salaries?" and then follow up with "What paths to Y are there?". And I also don't believe that people who immediately fold are inherently incapable of following instructions until they commit them to memory.



You are a smart, college educated guy

Half the population has an IQ less than 100

You know I've noticed the lower the IQ the more preoccupied they are with getting laid. I have speculated that that is a programmed evolutionary trait. I have no clue if I am correct and have never researched it, just made note of it as being Odd.
Perhaps if you're less intelligent you need to win by quantity over quality. Which seems to be in line with the data. The lowest IQ people are those with the most children. Ironically having more children than you can support not only makes survival harder, but also actively hinders education.

If there was an additional tax for each children you have instead of social benefits maybe they would have a second thought... or maybe not Sad
Haven't really thought it through, but I'd certainly prefer that over uncapped benefits per child. A policy that is heavily exploited by certain groups of people and partially responsible for the anti-refugee rhetoric.

There was one family with two underage wives on public television proudly stating that they have no intention of ever working. All while receiving social welfare for each wive and child support for each kid. Of course people who paid 60% taxes their entire life and live around the poverty line will get pissed off at that, and rightfully so.
225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 11:35:54 PM
I've seen people struggle to use a photocopier or a fax and you're telling us they can become programmers? I'd like to see it.

Also, what about the structured knowledge of society that leads you down this or any other lucrative path in the first place? How would a dummy know how to judge these things? Last time I checked they were drinking industrial bleach as an elixir!
I'm sure everybody in this thread has seen people struggle with even dumber shit. For some reason some people either don't have the right mindset to identify solutions to problems by themselves or they are inherently incapable of doing so.

However, you can certainly teach those people how to use a photocopier or a fax and basic programming is no more difficult while also in high demand.

People who drink bleach as an elixir have already solved all their problems. The remainder can use the internet, which is what I did. I have spent years scavenging the internet for dozens upon dozens of different paths. There's no wizardry going on here, literally pick a bunch of acceptable categories and a bunch of desirable ones then go from there.


You can't tell me that people are too stupid to Google "What jobs Y that involve X are there and what are the salaries?" and then follow up with "What paths to Y are there?". And I also don't believe that people who immediately fold are inherently incapable of following instructions until they commit them to memory.



You are a smart, college educated guy

Half the population has an IQ less than 100

You know I've noticed the lower the IQ the more preoccupied they are with getting laid. I have speculated that that is a programmed evolutionary trait. I have no clue if I am correct and have never researched it, just made note of it as being Odd.
Perhaps if you're less intelligent you need to win by quantity over quality. Which seems to be in line with the data. The lowest IQ people are those with the most children. Ironically having more children than you can support not only makes survival harder, but also actively hinders education.
226  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 10:46:30 PM
Bitcoin has no CEO.
It has no fancy offices.
It has no marketing department.
It raised $0 from venture capitalist.

Yet, it is worth $100 billion in just 10 years.

Bitcoin is an example of why product-market fit is the only thing that ultimately matters.

https://twitter.com/apompliano/status/1121179745251577856?s=21
Love the avatar and solidarity, but I keep thinking you're someone else.


nou.today
227  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 10:05:59 PM
When we talk about the limitations of the Lightning Network - here are some instructions for accessing an early website.


Is my memory broken or did we actually have to type out http://www. back in the day? I don't miss the old internet.
228  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 10:04:08 PM
I bought AAPL...sold way too early
I bought GOOG..sold way too early
I bought TSLA...sold way too early

did not sell btc yet...so there is a chanceTM


Another story it tells is that the "satoshi" that was posting here was just a SINGLE individual which is also consistent with his content, style, syntax and punctuation. It also shows that he had consistent/regular sleeping times. Probably a family man with a regular job.

haha...an amusing alternative theory...Satoshi is/was Dr. Jekyll and current personality is Mr Hyde.
Sidenote: i don't really believe in this theory, but split personalities do happen.
Tesla didn't even take off yet, or did they start rolling out those cars already?
229  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 10:01:48 PM
You are a smart, college educated guy

Half the population has an IQ less than 100
Luckily coding is extremely easy for most of the jobs. If you can say what your program should do out loud you're already half way there. There is tons of work for low level programmers and people just throw money at them.

Just because it uses fancy terms like ML or AI doesn't mean that you're not just regurgitating the same methods over and over in the majority of jobs.

Not everybody needs to be a researcher designing or optimizing algorithms.


Even if you take some sub 100 IQ person. As long as they are capable of language as well as repeating steps somebody else has already taken they will be able to pick up the skills required for low level programming jobs. They really aren't much different from stacking blocks or chopping wood.

Five years would already be far more than anyone could reasonably need when working part-time, but even if you round up to ten years that still leaves at least a few decades of high earnings for most people. But why bother learning something for 10 years if you don't know if it will pay off right? Wrong. And that's the problem.


There are countless other jobs that people can learn in similar amounts of time too. Most people just don't want to put in the effort needed once they are off work and I can totally get that. But that's everybody's choice and not something that the rest of us should be forced to compensate for.



And by the way, I am college educated because I chose that path. I also made sure that I chose a subject that was guaranteed to provide high income if I put in sufficient effort, even though I would have much preferred studying something financially worthless but more interesting. And that's ignoring the overwhelming existential dread from even choosing a course coming from a dirt-poor first generation migrant family without any academics.

Even before I entered university I thought it would be out of my reach and the first lectures in Mathematics I attended were so far and beyond me that I was 100% certain that I would not make it to the end of the first year, never mind the end of my degree.

I could have also gone off to some apprenticeship or low-skill work right after school like a solid 99% of my childhood peers. They are literally so disconnected from reality that they wouldn't even believe that I was sent to a global elite university with a full scholarship (and not in the "wow good for you" kind of way, they literally called my parents liars when they told them after being asked about my picture on Facebook).

Poor people on average clearly don't understand that they can change their own fate and outright reject anyone who against all the odds demonstrates the possibility. All of us who made it just "got lucky", somehow cheated others out of their money or are simply lying.

There's little that is more disgusting than people who are too afraid or lazy to even try moving forward berating others and trying to claim moral high ground while complaining about the obvious results of their life choices. If that was all then I would just shrug it off. But in reality it is precisely because of those degenerates that we have such high taxes and literally nothing to show for in return. And the fact that I have to either circumvent income tax entirely or be forced to pay for idiots with a complete and utter disregard for foresight is appalling.

But yeah, those poor people that chose to fuck around throughout their life. Let's all pity them and exacerbate the issue instead of very clearly pointing out their poor choices and making sure that others after them think twice about what they do with their lives.



Credit to all those who choose a simple lifestyle without shitting on those that don't.
230  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 09:19:31 PM
Minimum wage in Kentucky is $7.25 per hour

10 hours per week is $72.50

4.33 weeks in a month

$72.50 x 4.33 = $313 per month

Not sure how you save $1,200 per month on a gross income of $313 per month
Edited my post as I read 10h per day instead of per week. Either way, two of those jobs are more than enough for me to live on while educating myself enough to score an internship.

Edit: That also changes the time-line of my initial post. With full-time work I'd need up to three years to get up to speed from scratch. With part-time work I could easily land an internship within a year. Two if I take it easy. Three if I wanted to skip the internship and jump straight into a junior position without carrying coffee around for minimum wage.
231  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 09:10:41 PM
Keep in mind this is part time shift work, not full time permanent.

Could you live on 10 hours of work per week at minimum wage?   They need 5 jobs to get 40 - 50 hours work a week.

Yes, I could. In fact, I lived for half of that for years and I even managed to build significant wealth. (5x12x5x4 = 1200 per month, 200 more than I had for a long time and still half of what you propose.)

Anyone who works full-time at minimum wage and fails to retire as at least a millionaire only has themselves to blame.


Heck, you could cut that into half again and I'd still manage to survive while picking up all the skills necessary to land a 6 figure job within 1-3 years.



Edit: I read per day not per week. Thankfully my last point still fits. With a $12 minimum wage and 10 hours of work per week I would manage to survive on ONE job while picking up all the skills necessary for a 6 figure job within 1-3 years. With two jobs I'd already be building wealth (quite substantially with crypto and still more than most people without).
232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 09:06:54 PM
The rise of "slashies" (people with multiple part time jobs).
https://www.bbc.com/news/business-47984295

I was one a couple of years back.
It's BS that most people like it. Basically, it is a rat race which in US is exacerbated by the absence of benefits (so you have to pay extra for them).
A full time job and a hobby (even involved hobby) is better, IMHO.
I wonder how crypto/btc will fit into this trend.

PS man city scores...foooook!

Agreed the casualisation of the workforce is corrosive to society. How is anyone supposed to raise a family if they have 5 jobs?   It’s a shit way to live.
By not having a family if they failed to plan for and luck into sufficient wealth. Having kids without being able to support them is corrosive to society, especially if you start complaining on an industrial scale about how unfair the world is for not making up for your poor life choices.
233  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 09:01:22 PM
Altcoins are droping even more than bitcoin and bitcoin dominance is rising. In my unprofessional opinion we will see money flowing back to bitcoin soon. The rocket is just fueling up.
Swings aside, during the bull market altcoins gain dominance over Bitcoin. This effect can be expected to increase over the years as equity becomes tokenized.
234  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 04:37:41 PM
I'll try to summarize the last 4 months. The first important point was of course the recovery jump from $3100K (15 Dec 2018) to $4000 (Bitstamp prices everywhere). This suggested that the new bottom $3100 is either the final or it would be tested again. The fear of the second posssibility led to the gradual decline until 7 Feb 2019, which was the next even more important turning point. Then we had the higher low of $3350 and a jump to $3700. At this point the first possibility that we found the final bottom seemed more probable for the traders, and soon followed another breakout to $4100. After that another drop to $3700 area. But then followed what was the most important period IMO. From 7 Feb until 1 April the price was gradually increasing showing no sings of testing the bottom. Each time the price dropped in a matter of minutes it recovered again and again. This indicator clearly showed that way more people were waiting with fiat to buy at any small dip. Finally the $3800 and $4200 resistances fell and with several big and smaller jumps we got to $5600 (1-2 April 20% short squeeze was epic!).

Now, what can we expect? It seems quite probable that in the coming days or 2-3 weeks we are going to reclaim the old support at $6-6.4K.  The other less probable case for the next month  is to have a gradual declining price to $5K or in the worst scenario to $3.8K. It all depends on the buying strenght. I think that the sings of the recent quick recoveries show that the buying potential is much bigger than in 2018. This potential is enough to bring us back to $20K and beyond. The only problem is the psychological fear that the price above $10K is too high. You know, the average Joe is thinking: $10K is too late for me. See ripple it is only $0.30 now. All of my ignorant friends are thinking in this way.  Grin Cheesy Grin They don't know about market cap or the real value of the Bitcoin  Huh Roll Eyes Fortunately, FOMO will overcome fear and after some battle we will see soon 5 digit prices! And when the halving comes, nobody will know what the real price should be. It will be worldwide news to have 20-30% jumps like 80-100K$ in 1 day. I can't wait to see that Smiley
Holy fuck, we dropped 99,99871% on December 15? Maybe I should go see a doctor.
235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 02:29:15 PM
We here to make money, not here for nerd talk.
Speak for yourself or fuck off.
236  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 02:23:19 PM
It was a rhetorical question. Florida police wouldn't care.

Example:

https://bitcointalk.org/index.php?topic=178336.msg49911915#msg49911915

Maybe not the police, but certainly the IRS/Fed if you told them that you're a sovereign seastead and don't want them to steal your money.
237  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2019, 11:34:03 AM
New poll should be, if CSW starts suing the trust for keys to the stash, since he has his own chain would you support freezing Satoshi coins on the BTC chain.

You are assuming a lot, aren't you?

You are assuming that the trust story is actually true, and if it were true, then whoever has the keys can do whatever the fuck they want with the coins, including dumping them all.

We don't need to DAO hardfork in bitcoin.  This is not ethereum, and the mere fact that some goofball like craig might gain access to such coins should NOT worry anyone.

It's a hypothetical based on their claims, would it be better if it was reworded to: what if two billionairs are not completely insane and actually have some logic to their madness? I'm having a hard time explaining their actions and timing, so dismissing it off to their stupidity feels like an easy way out. To me that's the biggest risk holding BTC back right now, everything else seems to be going as planned. Trusts cannot do anything with assets they hold but beneficiary can do whatever the fuck they want, and in the wrong hands BTC1MM can do a lot of damage. But as i answered my own question, if that has any merit to being true their first step would be proving that he's Satoshi in the eyes of the government. And if that were to actually happen we would most certainly fork to original and Satoshi's frozen stash chains the next day and then market would assign risks appropriately.

Never attribute to conspiracy what can adequately be explained by incompetence

Occum's Razor says the simplest explanation that Craig is lying about the trust, is the most likely explanation.


That doesn't explain why he would be lying.

It's not entirely implausible that real Satoshi is dead or locked up and CSW somehow weaseled himself into a position where either the public or an authority calling him Satoshi would grant him access to a trust.


Either way, time will tell what is going on. One way or another.
238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2019, 11:04:24 AM
Quote
Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension.
Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.

https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning

Interesting. I'd like to know more about what it means to "connect[ing] the browser extension to exchange accounts like Coinbase".

a few years ago i ordered something from overstock.com as i think they were among the 1st retailer to accept btc (or at least the 1st retailer i would use). i dont recall exactly how i paid but i remember it was through something like bitpay or something. it displayed a qr code and btc addy with a timer, i copy/pasted the btc addy and paid from my core wallet on my desktop.

few days later i would up returning the item, and the refund went to my coinbase account. which i did not use to pay for the item, as i said it was paid with my core wallet.

they musta figured it out it was me from my shipping address maybe. i looked in my coinbase tx history just now  and all it says is refund for order xxxxx. no amount or other description.

gonna hunt through emails and such to see if i can find more info on how that went.

anyway maybe they will pull something like that..

---------------------------

ok found this in my email from mid 2017:

Quote
From: Coinbase [no-reply@coinbase.com]
To: xxxxxxxx

Overstock.com just sent you 0.xxxxx BTC (worth $xx.xx USD) using Coinbase.
Attached message:
InvoiceId: xxxxxxx, InvoicePaymentId: xxxxxx, refundAmount: USD xx.xx

EDIT: and just found the payment in my desktop core wallet labeled "to overstock for xxx" and the amount matched with a tx time about a week earlier.

so how did they match that up..

That seems frightening.
Did you figure this out?

I was under the impression that BitPay asked for an address when you file for a refund.

Any chance you just gave them your Coinbase address over your wallet?
239  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2019, 10:54:18 AM
Anyhow, I guess we keep coming back to the general idea that it will be fine in the future!.. The technology will be there to support Bigger Blocks and Massive Database (but in the future it will be considered small). We will have cheap 1000GBit connections to link everyone together and 80TB hard drives! Moore says so!

The same can be said for LN and Layer 2 solutions. The developers are working on a solutions for this and that. A different Layer 2 solution will be available soon and so forth.

But which would you bet on? Something that is developing and evolving right before our eyes or relying on Moore's Law?
Are you walking through life blindfolded? Internet connections and hard drives have been evolving right before our eyes long before Bitcoin was even a thing. People have been actively working on those problems 24/7 for decades.

Gigabit is already cheap in some places and only a tiny fraction of what is possible right now. The only reason our internet isn't faster is because there is no consumer grade application for it (you can stream 4k with multiple devices with a fraction of that), not because we don't have the infrastructure necessary.

Again, arguments against big blocks are not going to be found on the hardware side.
240  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2019, 05:57:24 PM
Second attack on 5400?

Not going to succeed, I presume.
So would you say it is not an optimal time to 80x long?
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