761
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2019, 05:58:16 PM
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Latest thing I started playing with is Spectrum and RGB...colored coins for the Lightning Network. I have been trying to figure out how this can be done for quite a while, it appears someone has figured it out. So I will be delving deeply into the guts to figure it all out. <...>
Is this the project you are referring to? RGB and Lightning NetworkAs far as I know the project is officially on hold as the repo maintainer and PM (Aleikos Filini) is busy doing other stuff @Blockstream. Looks like it. It appears that Maxim Orlovsky is moving forward with it as well as a decentralized file storage solution over LN. If it's possible I am fine with helping to make it happen. I just need to read the specs over and over again until it all clicks. I am still a bit hazy on the details of LN outside of the big picture so I have a lot of work ahead of me.
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762
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2019, 01:54:54 PM
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Latest thing I started playing with is Spectrum and RGB...colored coins for the Lightning Network. I have been trying to figure out how this can be done for quite a while, it appears someone has figured it out. So I will be delving deeply into the guts to figure it all out.
I am looking at decentralized partial ownership structures for titling seastead homes.
While there are shitcoin solutions, they will come and they will go. I would rather have something that is very likely to last at least 100 years like Bitcoin will.
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763
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 05, 2019, 04:19:06 PM
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It's a US government thing. I know in the military world every company owner is a woman, usually a minority and usually a veteran. When the government awards contracts they are required to have a certain percentage of their contracts to minority groups. It's like you get points for each one. Veteran, female, minority (more points for certain minorities). So what happens is a man wants to create a business so he puts his wife down as the "owner". She sits at home drinking lattes while he's out there building a business. Who knows, maybe some women are starting their own business. But you will never know because of the incentive.
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767
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 30, 2019, 03:36:08 PM
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Do you know about the mouse utopia experiment of John B. Calhoun? What happens to mice in a closed space with all the food they could want? As population grows, birthrate starts falling to almost 0. Same thing can be applied to humans, with Earth as our closed off space.
Evolutionary traits are kicking in to stop overpopulation. All natural. Might drive us to extinction, might not.
Just took a trip through North Dakota and Montana: There is so much open space in the US that overcrowding will not be a problem. I sem to recall the drop in birth rate is natural when one's kids stop dying in childhood. There is also 3 times more hurricane free ocean than all habitable land in the world. We have quite the space to expand. Before space.
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769
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 29, 2019, 09:09:37 PM
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Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.
I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.
Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.
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773
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 26, 2019, 06:03:36 PM
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As I am not a programmer nor expert in crypto, I have arrived at HODLing some 1% (of my net), the minimum that JJG suggests above. 1% is probably close to what I understand BTC to be. Risks and rewards are both high. 1% is the right amount for me in that if BTC price craters, it changes very little for me. If it climbs to a nice ATH, well great!
If you're only willing to put 1% of your money in something, it's definitely not an 'investment'. A high risk, pump and dump scam maybe, but only willing to risk 1% is not an investment. To me the word investment implies you actually have confidence in what you're purchasing, and 1% is not confidence. That would be gambling, not investing (from the relative viewpoint of the individual). Actually, according to my economics 101 class the only investment a private person can make is purchase of real estate, everything else is consumption. So they can only invest in something they do not own. You own real estate don't you? You rent/lease real estate from the government. Try not paying your "rent" some time and see if you own it. I honestly don't know what you are talking about Elwar, I own real estate and i pay no rent nor enything else to the government or the state. Could you please elaborate. Nice. What magical land do you live in where the government does not take money from you for owning property?
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774
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 26, 2019, 02:25:46 AM
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While I tend to hodl, I had to sell a few when it peaked over $10k. A 36% jump is bound to have a slight correction even if medium term things will go up.
I'm helping to fund a seastead factory so I need a bit of cash for equipment. Been feeling a bit down not being able to put in my share...I refused to sell at such low prices.
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776
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 25, 2019, 05:38:42 PM
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They got my e-mail and password.
WE WANT THE VIDEO OF ELWAR PLEASURING HIMSELF!!! #nohomo I too want to see such a video. I imagine it would bring in much more money than a few Dash they were trying to extort from me (hey dumbasses, the government has been extorting money from me much longer, work a bit harder next time...at least send a Navy). Do they award the Oscar for such videos? It would likely surpass Avatar. The video would consist of me opening the Bitcoin charts and watching the price shoot up. Giving me great pleasure.
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777
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 25, 2019, 05:34:02 PM
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As I am not a programmer nor expert in crypto, I have arrived at HODLing some 1% (of my net), the minimum that JJG suggests above. 1% is probably close to what I understand BTC to be. Risks and rewards are both high. 1% is the right amount for me in that if BTC price craters, it changes very little for me. If it climbs to a nice ATH, well great!
If you're only willing to put 1% of your money in something, it's definitely not an 'investment'. A high risk, pump and dump scam maybe, but only willing to risk 1% is not an investment. To me the word investment implies you actually have confidence in what you're purchasing, and 1% is not confidence. That would be gambling, not investing (from the relative viewpoint of the individual). Actually, according to my economics 101 class the only investment a private person can make is purchase of real estate, everything else is consumption. So they can only invest in something they do not own. You own real estate don't you? You rent/lease real estate from the government. Try not paying your "rent" some time and see if you own it.
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778
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 24, 2019, 09:34:49 PM
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As I am not a programmer nor expert in crypto, I have arrived at HODLing some 1% (of my net), the minimum that JJG suggests above. 1% is probably close to what I understand BTC to be. Risks and rewards are both high. 1% is the right amount for me in that if BTC price craters, it changes very little for me. If it climbs to a nice ATH, well great!
If you're only willing to put 1% of your money in something, it's definitely not an 'investment'. A high risk, pump and dump scam maybe, but only willing to risk 1% is not an investment. To me the word investment implies you actually have confidence in what you're purchasing, and 1% is not confidence. That would be gambling, not investing (from the relative viewpoint of the individual). Actually, according to my economics 101 class the only investment a private person can make is purchase of real estate, everything else is consumption. So they can only invest in something they do not own.
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779
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 24, 2019, 07:59:41 PM
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A while back I was phished by the other bitcointalk (.to or something like that). It's the only bitcointalk that comes up in google searches.
They got my e-mail and password.
I received an e-mail (on that e-mail address) saying that they hacked my computer and have my password (they revealed the password I had used on bitcointalk) and said they have all of my information and have video of me "pleasuring myself" (lol). That if I did not send them some DASH they would reveal the video to the world. Also, because they hacked my computer they would know if I read that e-mail. Also they deleted any trace of the malware I "had downloaded".
Fortunately I don't re-use passwords and my laptop has a hardware switch to turn off all devices I do not use (such as the camera, microphone, bluetooth, wifi) so I knew instantly that the e-mail was BS. (It is almost as if I am keeping my information from nosy governments...)
FYI in case you've been hit by that phishing site in the past.
Also, having been through shit like this with governments twice...think about what you would lose today if some government official walked into your house right this very second and confiscated all of your electronics (phone, computers, etc.) and had them in their possession to unlock any password they desired (except the many layers of encryption I had on my computer when the German government took it the first time). You have no preparation and it comes when you least expect it. Protect yourself. The more you live your life with some small bits of freedom, the more of a target you become.
I'm just glad I did not follow through with being a gold bug like I was before Bitcoin.
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780
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 21, 2019, 04:26:37 PM
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I do believe we need to conquer the ocean before we can move to space. Otherwise we need to wait for governments and NIMBYs to "allow" us to go to space.
The point of our initial seastead was to create a support community for a space launch facility in the open ocean. The aerospace engineer putting it all together and funding it (with his Vladmir Club level bitcoins) is planning on building a launch loop about 60km wide. From there he can launch things into space repeatedly minutes or seconds apart. The seastead I lived in was not built to be a home, rather an observation tower.
He is determined to move forward on this and build a prototype 300m diameter loop in the next year or so as a proof of concept.
Also, going to Mars seems to be a government supported thing. Why go through all of the hassle to get to space...only to get stuck on another rock?
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