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561  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 01:09:20 PM
The BSV dude? Probably.
562  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 12:47:05 PM
The verdict on Karpelès case will be known on Friday :

https://www.ccn.com/mark-karpeles-bitcoin-embezzlement-verdict-friday-10-years-prison

Quote
KARPELÈS FACES TEN YEARS IN JAIL, 99% CONVICTION RATE

Japanese prison is no joke. Lots of military marching.  He won’t be a fat fuck when he gets out.
Yeah I doubt it was worth it for him even if he comes out as a Billionaire. Did he manage to stash any coins away? lol
563  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 12:38:13 PM
My LG V40 just came and boy does it sound nice.

Should any audiophiles be hanging around these forums, I can not recommend this phone enough.
564  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 12:37:09 PM
My current market position is 98.2% cold, long term Bitcoin.  1.8% cash.*  

Deep dark purple all the way through the crypto-winter bottom.  Might start picking up some market risk when we get a golden cross on the 50 / 100 Weekly MA.  

*excludes non-crypto assets


Edit: forgot a small short at $3390 which I have mentally written off and 0.012 BTC that V8 owes me.  
Given that you traded technicals quite successfully on the way down. How come you don't use 1-5-10% of your corn stash to trade shit coins? They're doing fairly obvious movements right now that you should easily be able to scalp to increase your BTC stash with fairly low risk given tight SLs.

Good question which I sometimes ask myself.  Unfortunately I have zero respect for shitcoins which taints my judgement. Also just don’t have time to invest in them.  Such is the life of a min / maxer.  

I have some grudging respect for Grin which I am following but the chart looks like a diseased dick and no way to short it that I am aware of. 
Given I don't know about your situation regarding time and whatnot I'll just simply like to ask.

Since you suggest that those in a position to do so should help others, wouldn't it be a sensible move to invest your time into fleecing the shitcoin moonbois and then using the profits for the greater good? Even if it means dealing with the shitcoins that you have no respect for?
565  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 10:07:46 AM
Everything in the book is referenced. Part of why it caught on probably, the science behind it is solid.

He also has a second book that deals specifically with narcissists (to my understanding, a result of a small amygdala plus environment - look up Sam Vaknin on youtube for more). That one is without references, but it is perhaps the best book on the topic to date.

Both of them are free if you drop an email, it's how I got them initially.
Good to know, will send them a mail and read through sometime.
566  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 09:45:05 AM
My current market position is 98.2% cold, long term Bitcoin.  1.8% cash.*  

Deep dark purple all the way through the crypto-winter bottom.  Might start picking up some market risk when we get a golden cross on the 50 / 100 Weekly MA.  

*excludes non-crypto assets


Edit: forgot a small short at $3390 which I have mentally written off and 0.012 BTC that V8 owes me.  
Given that you traded technicals quite successfully on the way down. How come you don't use 1-5-10% of your corn stash to trade shit coins? They're doing fairly obvious movements right now that you should easily be able to scalp to increase your BTC stash with fairly low risk given tight SLs.
567  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 09:38:44 AM
Also, there is something called the triune brain theory. It states that the brain can be thought of as three different systems that developed over time throughout evolution. The oldest part is what we call the lizard brain, it contains all the automatic functions that are required to stay alive. Blood pressure, heartbeat, breathing, rapid fight or flight responses, hormonal adjustments, terribly boring stuff but vital. We don't care about this part.

The next part is the limbic system, what we commonly call the subconscious part of the brain. It contains emotions and instincts. Everything that makes humans different from other animals, our essential core personality. And it still works the same way it did before we fucked up and invented agriculture, which is why people do so many dumb things that make no sense in a modern context.

The newest system is the thinking part of the brain. It deals with numbers, cause and effect, anything that requires conscious thought. It can reprogram the subconscious which is how we learn things. It is also extremely slow and energy intensive compared to the emotional part of the brain, which is why most people do not use it unless absolutely required. It is not fully developed before the age of about 25, which helps to explain teenagers.

NPCs use primarily the emotional part of the brain. They don't think, they just feel. They carry out automatic scripts.

What I have observed is that high-amygdala people use the thinking part of the brain more. I believe it has to do with a heightened sense of danger, which prompts us to develop new and better modes of operation because the ones we have are obviously not sufficient. Small-amygdala people do not see the coming dangers. They are physically incapable of perceiving them. I have yet to see a serious study look into this connection, but I would bet money on it being correct.

https://www.youtube.com/watch?v=hg6XUYWj-pk


I'm not sure what the fuck my amygdala looks like, but I think almost exclusively and when I notice emotions I take note of them, where they come from, and then decide whether there was substance to the cause of the impulse or not. If there was I take note to adjust my behaviour in the future, otherwise I just stop being upset immediately and laugh off the stupidity of the impulse.

I don't know if I really look out for danger (subconsciously) though, I just really enjoy trying to identify all aspects of cause and effect for just about anything. It's literally like playing games or solving puzzles to me, which I consider entertaining. I generally don't feel threatened by any of the potential doomsday scenarios either, they're just part of the intriguing game of life to me.


NPCs are definitely a thing though. Always had a hunch that something was "odd" about some people (who consider me just as odd I suppose) but it's interesting to see that there are actual studies on this. Taking offense to anything is just the dumbest concept imaginable for me, although the impulse makes sense given our previous exposure to predators.
568  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 09:30:19 AM
This is true. However, if you become aware of this you can turn yourself into one as well and thus expand your possibilities. After all, everything that holds us back is the result of adaption to environment encoded in genetics and materializing in habits so to speak. If you understand this you can actively work on breaking those habits and replacing them with new ones that are more fit for our times and your personal situation. Of course that's a major pain in the ass and not necessarily worth it on an individual basis, especially for those who are already well off.
The problem is that it appears to require a large amygdala in order for critical thought to be possible. As in, physically possible. And it only develops under certain environmental conditions which, for the most part do not exist today. How do you physically alter the brains of millions of people?
With psychedelic drugs. They have been shown to promote neurogenesis as well as to create new connection between neurons. The effect is the strongest while the substance is in the body, but after-effects remain. Of course, research on this is way behind thanks to our precious governments protecting us.

Another option is technology, namely the kind of stuff Musk is trying to create with Neuralink. But that's still god knows how long away.


Do you know any papers on the amygdala claim by the way? Sounds interesting and would explain why some people can't be reasoned with even if you're being extra nice.
How do you realistically do it today?

http://www.anonymousconservative.com/

Also there are vids on youtube, search for r/K theory. This might be a good start https://www.youtube.com/watch?v=W8N3FF_3KvU
Was worried about the link at first, but it actually makes reference to peer reviewed studies. Would merit, but out and you're already legendary.
569  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 08:14:19 AM
Also regarding the "life too easy" argument.

I don't think that you necessarily need to encounter extreme "bad" hardship to become capable and a net positive on society as opposed to being a drain. It would probably be enough if there were sufficient incentives in place to periodically push yourself beyond your current limits.

The key element here is overcoming challenges that appear "too big" or even impossible. Going through such of any type is a humbling and rewarding experience and you learn to be much more open-minded.

You can generally tell if a person has accomplished anything (even just being really good at a 'useless' game) based on how they interact with others (over prolonged periods of time, everybody has bad days). Those that never pushed themselves make conclusions. The others question and are willing to learn.
And the more such hardships one conquers the stronger the effect becomes.

But when everything is thrown your way and you don't have to try you just assume that you're perfect, after all everything is going well. Similarly, people who have shitty lives but have a constant voice telling them it's not their fault won't push themselves either and then repeatedly make conclusions as opposed to looking for new ways forward. In arguments this translates to fighting as opposed to looking for unknown variables with the opponent (opponent in the sense of the person opposite of you, not in the sense of an enemy - someone throw me an English word for this please).
570  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 08:05:09 AM
This is true. However, if you become aware of this you can turn yourself into one as well and thus expand your possibilities. After all, everything that holds us back is the result of adaption to environment encoded in genetics and materializing in habits so to speak. If you understand this you can actively work on breaking those habits and replacing them with new ones that are more fit for our times and your personal situation. Of course that's a major pain in the ass and not necessarily worth it on an individual basis, especially for those who are already well off.
The problem is that it appears to require a large amygdala in order for critical thought to be possible. As in, physically possible. And it only develops under certain environmental conditions which, for the most part do not exist today. How do you physically alter the brains of millions of people?
With psychedelic drugs. They have been shown to promote neurogenesis as well as to create new connection between neurons. The effect is the strongest while the substance is in the body, but after-effects remain. Of course, research on this is way behind thanks to our precious governments protecting us.

Another option is technology, namely the kind of stuff Musk is trying to create with Neuralink. But that's still god knows how long away.


Do you know any papers on the amygdala claim by the way? Sounds interesting and would explain why some people can't be reasoned with even if you're being extra nice.
571  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 07:39:31 AM
So, predictions. If I am correct that all the social ills and psychological and behavioral problems of our time is primarily caused by overpopulation and life being too easy for generations at a time, then there are only a very small number of possible future outcomes.

The first one that a lot of people will probably jump to is that we simply wait for the boomers to die and then everything will be fine after that. Not going to happen. Things always change, and always towards the left over time.

Other than that, the only option is a violent reduction in numbers. War, pestilence or famine. Given the current understanding of the amygdala, war is most likely to come in the form of a soviet-style collapse. The states will continue to become ever more tyrannical until we have an economic collapse, which will result in lowered food production and a lot of dead people.

So if soviet conditions are the most likely near-future outcome, what to do about it?

Flee. Simple as that. If you stay, odds are you will be locked up or have all your property stolen or simply end up shot. Let the disease burn itself out, and when the rebuilding begins in 10-30 years it might be time to come back if you feel like it by then. But staying through it is simply too dangerous and there is no reward.


On a side note, I have gained a new appreciation for the importance and role of religion during these studies. Maybe a topic for another time.
While I might agree that reduction of populations could be one solution, I'm not convinced it needs to be war, famine and disease that does it. What if the other option included wealth and education redistribution which ultimately resulted in the same. (John Calhoun's rat experiment) A voluntary or subconscious participation in depopulation could leave our hard fought infrastructure intact where war likely would not.
The constant threat of war plays an important role in our eventual decision to choose another option but failing this, war is ready.
I choose plan BTC
Humans don't act based on logic and facts and numbers. The few who do are the weirdos, the freaks of nature. Humans as a whole act based on subconscious programming. This is not something we can reason our way out of.
This is true. However, if you become aware of this you can turn yourself into one as well and thus expand your possibilities. After all, everything that holds us back is the result of adaption to environment encoded in genetics and materializing in habits so to speak. If you understand this you can actively work on breaking those habits and replacing them with new ones that are more fit for our times and your personal situation. Of course that's a major pain in the ass and not necessarily worth it on an individual basis, especially for those who are already well off.
572  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 07:37:12 AM
(fair points)

Fair point. I just have a personal aversion to the term as its usually associated with "get rich quick" schemes on the forum.
The WO does not reflect the rest of the forum in any way. While some moonbois get lost here from time to time, people are generally more sensible over here. Although some will be missing out by believing that Bitcoin is the only thing with real future value, which would be equivalent to picking a single website and claiming that all others are and always will be shit-sites during the dot com bubble. Bitcoin is the revolution, but blockchain is still carving out a new era regardless.
573  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 06:40:44 AM
LN worries me, the ship heels to centralize too much, or am I not distinguishing the future LN correctly?
 Shocked
LN brings efficiency and mass adoption as an additional layer on top of the choice of decentralization. The latter is currently not really possible in any sensible way. And even with LN, Bitcoin remains capped, so no more printing press to steal money from workers through inflation.
574  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 06:24:25 AM
There's really no such thing as "passive income." There's legitimate income and then there's income from scams, like MLMs and Ponzis. With investing and lending you still need to exercise extreme diligence in order to make a profit, so I wouldn't call those "passive" either.

The whole point of using Lightning is that its faster and cheaper than on-chain transactions. If you set your channel fee too high people will bypass it and you will make less income than you did by setting a low fee. If the cost of doing a lightning transaction supersedes that of an on-chain transaction, people will simply revert to transacting on-chain.

Also, its not overly simple to set up and maintain your own lightning node (though it is a lot easier today than it used to be). Maintaining a consistent internet connection, having to pay for that and the electricity of running your computer also need to be factored into the overall cost.

I agree with you, BTCMILLIONAIRE, that lightning network is in a kind of practice stage, which means learning and building more tools and experimenting, and of course, if more and more tools are developed, then income opportunities will develop as well.

On the other hand, I doubt that such lightning network income is anywhere close to achieving passive income status (even though that does seem to be a reasonable long term goal).  The mere concept of "passive income" means that you earn money with little to no work, and from what I can tell, there are a lot of true believers involved in lightning network, and therefore, seem to be putting in way more work than what is likely to pay off for them on any kind of personal financial level.  In other words, even though failure of lightning network would not be failure of bitcoin, but overall success of lighting network causes the Bitcoin network as a whole to become more valuable, as well as those lil tokens that we endearingly we refer to as corn.    Cheesy Cheesy Cheesy
While accurate, I would consider the part after the completion of my due diligence process at least mostly passive. Some re-evaluation might be prudent every so many weeks, months, years depending on maturity. But it's different from the rat race of trading or working.
Basically, you create a slope and a ball and then bring the ball up. Then watch the ball as it rolls down. But if you built an elevator all you'll have to do in the future is to put the ball in and press a button. At least for as long as the mechanics don't wear down. So while not 100% passive, for all practical purposes passive income exists if you're smart about it.


Also, as LN matures there will be ways to automate data collection and adjustments of fee structure. The ramp-up takes work, but in the long run it's mostly passive once the work has been put in. At least if you work towards making it passive. And yes, it's nowhere close to passive income and likely won't be for years. But the groundwork is being laid.
575  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 05:17:33 AM
But why? How is it being used?
To learn how to use it. And to establish reputation for the future. Both of which imply a chance for passive income down the road.
576  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 04:49:41 AM
Where I can find the 'hat' avatar rules things?

To wear the hat, one must earn the hat.

To earn the hat, one must become the hat.


Hahahaha. I still can't understand, how to become the hat then?
Ask Papa John's to make you one with everything.




Or kindly ask our mad hatter xhomerx.
577  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 04:08:23 AM
Billionaires repeatedly put their money at stake for returns. "Everyone" else is staking their money on iPhones. So fuck off you filthy thief.

Billionaires don't create wealth. They hire people to create wealth and then underpay them. That underpayment gap has become obscene.

Smarter billionaires are starting to realize that they need non-pauperized public/middle class to sell the products to. This is how they make their money, mostly.
If everyone is poor, except a small %, then there is no mass market.
The question is how to get from here to there.

A peaceful small redistribution (not 70% of course, could be 1%) is much much better (as a principle, not in practice) than something worse, although I have NO trust in any politician and don't see anyone with enough 'balls" to pull this off.
The alternative is much darker, and I am not talking about riots, but a possibility of Homo sapiens subspecies emerging, "Citadels", etc.
A split between super- and sub-humans. Once it is partially genetic, there would be no passage back.

I am currently reading the third Harari's book (21 lessons for the 21st century), which touches on these topics and this book is much better than the second one (first was good too).
I believe that data might end up redistributing some of the wealth.

The first company that comes along and allows people to monetize their own data will displace Google & co. And it will provide people with some semblance of income. While right now this might not be enough to live off of, it could realistically get to a point where it will. After all, costs are on an exponential down trend.

The big exception (for necessities) is living space, but that's because people cluster around overpopulated areas rather than trying to live in places where housing is affordable for them.

Once technology allows more efficient distribution of resources this would probably change too though, and people would start decentralizing more. I mean, who wants to live in a tiny flat if they can live in a nice house out in the green?



Edit: Another thing. There's an increase in the number of people who make a living off of platforms like Patreon. Whoever has a passion to share with the world will also be increasingly likely to have a steady income based off of that. We don't need governments to steal our money and redistribute it for us. That will lead to war or capital flight.
578  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 04:03:46 AM
Want to share this for everyone. This is really good for risk management.
snipped images

Concept is OK, but % wise I would never use these numbers as they are skewed toward less quality.
I only invest in what interests me.

This is generally a good idea because you'll be more willing to do thorough research and gain a deeper understanding of things that you are interested in. Which leads to better investment decisions. Of course as long as you don't get carried away by hype.

The general idea is good though. Even if you hate altcoins, by trying to pick some with a small allocation of your portfolio you'll learn more about the space by immersion.
579  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 04:00:33 AM
All you do is attack again and claiming that I'm not being objective. It is you projecting your own evil character into my posts. You are naive. So naive that it distorts your perception of reality. And as a result you're a force of evil.

You haven't even quoted the literal scientific paper from a peer reviewed scientific journal that I've provided and keep attacking my person. And then you call me non-objective. You are literally the problem until you stop attacking and start discussing on neutral grounds. You're too deluded and emotional to even realize that I am not taking any sides you colossal fucking cunt. Your name is clearly a self-descriptor.

Or maybe you're just too fucking old and used up to understand how to look at problems without appealing to authority. You fucking pawn.


P.S. If you were actually objective you would've seen that I never denied climate change in any of my posts. I've even provided a fucking paper that shows evidence for climate change you fucking retard. So yes, you absolutely are the problem. Your laziness and intellectual dishonesty is the source of all evil and problems in this world. (By your I'm grouping you with all the morons that act the way you do.)

Why dont you tell me how you really feel? The problems I suspected go much deeper than I thought. Good bye.
I feel perfectly fine, happy and content. You obviously do not, as you are attacking me again and ignoring the fact that I have directly disproven your claims against me. Anybody with a brain can see that you are projecting and unwilling to even think about serious problems. You're a projecting drone, no more no less.

By the way, I don't particularly care about the outcomes. I'm mostly convinced that we're heading into a life of abundance. But if we all disappear because of idiots like you that's fine by me. You reap what you sow.
580  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2019, 03:59:45 AM
Billionaires repeatedly put their money at stake for returns. "Everyone" else is staking their money on iPhones. So fuck off you filthy thief.

Billionaires don't create wealth. They hire people to create wealth and then underpay them. That underpayment gap has become obscene.
Billionaires take on the risk of hiring people at potentially no return. People who get hired take a risk free paycheck home.

The smart ones choose to invest their paycheck, or at least parts of it, and become the Millionaires and Billionaires of the future.

The rest uses it to fuel their consumption and then complain about those that chose delayed gratification over instant gratification.


The only obscenity is people with zero foresight trying to blame those with foresight for their decisions.
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