anybody else surfing Zillow.com tonight?
this here is daydream fuel
Daydream, nothing. Being shown a house tomorrow, and another on Saturday.
Cheers!
In this moment, my penis is turgid.
$13k.
Wow !
getting out my dictionary....
You named it dictionary?
zing!
But this is silly: CNN: Bitcoin boom may be a disaster for the environment. What will happen is more efficient miners will be built, or the halvening will slow down the mining rate. Difficulty will adjust down as needed and that will be that.
Nonsense. The expenditure upon electricity for Bitcoin mining will track the revenue from mining Bitcoin minus capex and a sliver of profit. Regardless of efficiency.
Of course, economic activity from that Bitcoin will displace legacy economic activity, with energy usage in that sector ramping down. Probably won't be a wash, but it will offset.
So these so called "uncorrelated assets" that are supposed to both move in the same direction
idonotthinkthatwordmeanswhatyouthinkitmeans.png
It's almost as if Satoshi knew that specialized hardware and data centers would be created to mine bitcoin, told everyone about it, and it wasn't at all a surprise to anyone that this happened.
Bitcoin is decentralized, moreso than any other currency, and right now is best used as a digital store of value. That's a good start. Using it as currency is also possible, but clearly we're going through some growing pains, as the current explosive influx of users and interest was unforeseen.
^^fair and balanced
I've kinda had it with Coinbase, Kraken and Genesis
I feel your pain. As in, I am experiencing frustration with Coinbase as well. Last 36 hours or so has been an exercise in frustration for me. However, it is _usually_ flawless. At least the trading functionality is. Although anything requiring a human at any step of the process has always been a poor experience.
That said, all the others (yes, all) suck more.
I'm thinking we really need an "BCT oldfag fiat millionaires" meetup, somewhere in the USA, around March or so. Pick the state (I vote either Montana or Texas
I'd be game, should oldstraights be welcome as well.
- carry reciprocity, yo),
Did you miss it? The house passed nationwide carry reciprocity yesterday. Yes, the house. Of course, senate has not yet acted. But progress.
No one here is opposed automation I imagine.. Yes it is for sure needed to keep our standard of living.
I however do not believe that there will be enough jobs for everyone to work the long hours we do now. So things need to change if automation cause the major disruption it's predicted to do.
Either unemployment skyrockets, in the worst case causing extreme poverty and eventually riots/revolution. Or everyone agrees to lower weekly working hours and shares the income like that (which also means that wages for sure need to go up). Or some sort of UBI is implemented, so no one if forced into poverty.
This is of course some ways away, but I certainly cannot see many new jobs coming, like it's happened the past 200 years. There's quite a few good videos on youtube explaining exactly why that is
You sound unaware of the origin of the term 'luddite'.
imagine how many geniuses in the arts and such go utterly unknown simply because they are too busy trying to earn FOOD and shelter to actually DO anything with their talents and ideas.
That is society's way of trying to knock through the skull of these so-called 'geniuses' that their calling holds no value. What clearer signal could there be?
Hate to be debbie downer, but that's just the reality of the situation.
I saw $19697 on GDAX today and thought all the other exchanges must be close to $20k. Then GDAX went back down to $16k and I realized all the other exchanges hadn't gone significantly above $16k.
On the 15 minute chart, it was just a single candle. Probably a flier when liquidity dried up from someone trying to buy millions all at once.
FOMO. Its a scary drug.
I just can't frequent here on the regular in good conscience but I'll stick my head back in once in a while
Oh hell. I'm here. I take slings and arrows of grievous misunderstanding for my views, but my conscience is clear.
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