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Question: Among your family and friends, who owns Bitcoin?
Myself only - 25 (30.9%)
Myself and my spouse/partner - 10 (12.3%)
My family - 10 (12.3%)
Close friends - 11 (13.6%)
All of the above - 25 (30.9%)
Total Voters: 81

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25282054 times)
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BTCMILLIONAIRE
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February 17, 2018, 04:05:30 PM

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?
I am saddened to know that I will never become more than a billionaire   Cry
Are you that old? Or just no ambition to try and shoot higher?
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Ibian
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February 17, 2018, 04:06:32 PM

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?
I am saddened to know that I will never become more than a billionaire   Cry
Are you that old? Or just no ambition to try and shoot higher?
There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.
BTCMILLIONAIRE
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February 17, 2018, 04:07:49 PM

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?
I am saddened to know that I will never become more than a billionaire   Cry
Are you that old? Or just no ambition to try and shoot higher?
There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.
So it's the latter (aka no interest to invest, trade, or start ventures).
Ibian
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February 17, 2018, 04:11:44 PM
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So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?
I am saddened to know that I will never become more than a billionaire   Cry
Are you that old? Or just no ambition to try and shoot higher?
There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.
So it's the latter (aka no interest to invest, trade, or start ventures).
Sure, maybe, but that's not really my thing.

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do. That's why I went all in on bitcoin in the first place, to make enough money so I wouldn't have to work and could focus on my hypothetical future family, because that's what kids need to develop properly. They need their parents around. So if it's a choice between having enough money to support a woman and five kids, or having twice as much money and seeing them a quarter as much, then it's an obvious choice.
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February 17, 2018, 04:15:31 PM

I read in the initial post which charting sites that can be used for this thread. Tradingview was not listed. Can this be added?  Can I post a chart from tradingview even through it is not on the list?
Yes, yes and yes.  Will it...no idea...infofront stay up on this thread pretty well..If he dosent like it you will know.
BTCMILLIONAIRE
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February 17, 2018, 04:18:22 PM

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?
I am saddened to know that I will never become more than a billionaire   Cry
Are you that old? Or just no ambition to try and shoot higher?
There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.
So it's the latter (aka no interest to invest, trade, or start ventures).
Sure, maybe, but that's not really my thing.

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do. That's why I went all in on bitcoin in the first place, to make enough money so I wouldn't have to work and could focus on my hypothetical future family, because that's what kids need to develop properly. They need their parents around. So if it's a choice between having enough money to support a woman and five kids, or having twice as much money and seeing them a quarter as much, then it's an obvious choice.
How are we not designed to work 24/7? That's what people were doing when they lived in the woods and that has changed only fairly recently as far as I'm aware.

I do share the sentiment of making sure to have enough money to be able to freely ignore the world whenever I choose to. But I don't see myself not spending most of my time working on something, regardless of whether or not normal people would consider it work. I find picking up instruments and composition, science, cooking, investing, traveling and whatever else highly interesting. So the reason for me wanting full financial independence for life would be to the ability to learn and experience as much as I possibly can. And while I really want kids that I can homeschool and learn stuff with together, I'd need to make sure that the wife was perfect for that kind of lifestyle. Don't want someone nagging all day about how they know better when they don't.
But in either case, whatever you do, unless you're just consuming 24/7 you'd be "working" in my book. Life seems more of a choice between doing something fulfilling and mindlessly playing along.
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February 17, 2018, 04:27:24 PM
Merited by ErisDiscordia (5), Karartma1 (1), explorer (1), BTCMILLIONAIRE (1)

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?
I am saddened to know that I will never become more than a billionaire   Cry
Are you that old? Or just no ambition to try and shoot higher?
There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.
So it's the latter (aka no interest to invest, trade, or start ventures).
Sure, maybe, but that's not really my thing.

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do. That's why I went all in on bitcoin in the first place, to make enough money so I wouldn't have to work and could focus on my hypothetical future family, because that's what kids need to develop properly. They need their parents around. So if it's a choice between having enough money to support a woman and five kids, or having twice as much money and seeing them a quarter as much, then it's an obvious choice.
How are we not designed to work 24/7? That's what people were doing when they lived in the woods and that has changed only fairly recently as far as I'm aware.
No, the actual work in a tribe is maybe 4 hours a day or so. The rest of the time is spent socializing, fucking, and relaxing.

Agriculture allowed us to feed... say 20 times as many people on the same amount of land. But it also meant a lot more work. And the resulting population growth gave us a whole other set of problems.

I do share the sentiment of making sure to have enough money to be able to freely ignore the world whenever I choose to. But I don't see myself not spending most of my time working on something, regardless of whether or not normal people would consider it work. I find picking up instruments and composition, science, cooking, investing, traveling and whatever else highly interesting. So the reason for me wanting full financial independence for life would be to the ability to learn and experience as much as I possibly can. And while I really want kids that I can homeschool and learn stuff with together, I'd need to make sure that the wife was perfect for that kind of lifestyle. Don't want someone nagging all day about how they know better when they don't.
But in either case, whatever you do, unless you're just consuming 24/7 you'd be "working" in my book. Life seems more of a choice between doing something fulfilling and mindlessly playing along.
What we today call a job is, effectively, slavery. Yes people can choose what kind of work they do, but they can't decide if they want to do it - they have to work.

Jordan Peterson said it perfectly. If you can't say no, you can't negotiate. And if you can't negotiate you are a slave. Jobs are slavery, even if we are determined not to think of them as such.

And it's not like I do nothing but sit around, now that I have the option to do so. I have been studying anthropology for the past... almost 7 years now, and see myself doing it for perhaps the rest of my life. It is endlessly fascinating and there is always more to learn, and it has practical utility. But it is not a job. It is something I choose to do, and for which I receive no direct compensation. And that makes all the difference. I could not do it to the same degree if I was saddled with a Job.
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February 17, 2018, 04:49:15 PM

Above 10000 looks promising but there are a few resistances to overcome.
https://paloyalabolsa.wordpress.com/2018/02/17/[Suspicious link removed]iba-de-10000-definitivamente/
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1/21000000 , the only math you need to know


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February 17, 2018, 04:56:09 PM
Merited by explorer (1), ErisDiscordia (1)


How are we not designed to work 24/7? That's what people were doing when they lived in the woods and that has changed only fairly recently as far as I'm aware.


Actually, Hobbes' "nasty brutish and short" analysis is very much in disfavor.  Contemporary wisdom has it that hunter gatherers enjoyed more leisure and discretionary time than we do today.  
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February 17, 2018, 05:19:39 PM

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do.

https://youtu.be/PWU9g1Fce3U?t=1m14s
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February 17, 2018, 05:47:17 PM

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do.

https://youtu.be/PWU9g1Fce3U?t=1m14s
You deserve your 50 merits for the game theory link, mister Toxic. I am eternally grateful for it. But this is not an effective jab.
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February 17, 2018, 05:48:05 PM

Good morning Bitcoinland.

It looks like we're winning the battle for 5 digits, albeit barely... currently $10862USD/$13641CAD (Bitcoinaverage).

Hopefully we'll see some real upward movement soon.

What we today call a job is, effectively, slavery. Yes people can choose what kind of work they do, but they can't decide if they want to do it - they have to work.

Jordan Peterson said it perfectly. If you can't say no, you can't negotiate. And if you can't negotiate you are a slave. Jobs are slavery, even if we are determined not to think of them as such.

And it's not like I do nothing but sit around, now that I have the option to do so. I have been studying anthropology for the past... almost 7 years now, and see myself doing it for perhaps the rest of my life. It is endlessly fascinating and there is always more to learn, and it has practical utility. But it is not a job. It is something I choose to do, and for which I receive no direct compensation. And that makes all the difference. I could not do it to the same degree if I was saddled with a Job.

But what if you did receive direct compensation? Would that make it a "job" and thus a form of enslavement?

Mark twain once said that work was what a fellow was obliged to do. I agree. If you are doing it strictly for the money, it's work. If you are doing it for fun it's a hobby, paid or not.

A professional ballplayer may be paid millions of dollars a year but during a game he's playing, not working. Sure there may be lots of work involved.... dealing with agents, travel, workouts, etc., but ultimately it's a paid hobby. Maybe it's not having the option of a day off that makes it a job.

When I was getting paid good money for playing music in bars and living a life of partying, sex, drugs, and rock'n'roll, I never considered it as work. It was fun and I was being paid for it. Sure we had to deal with agents, loading equipment, traveling, and (gasp) rehearsing, but it was still just a paid hobby, not a "job".
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February 17, 2018, 05:52:37 PM

Good morning Bitcoinland.

It looks like we're winning the battle for 5 digits, albeit barely... currently $10862USD/$13641CAD (Bitcoinaverage).

Hopefully we'll see some real upward movement soon.

What we today call a job is, effectively, slavery. Yes people can choose what kind of work they do, but they can't decide if they want to do it - they have to work.

Jordan Peterson said it perfectly. If you can't say no, you can't negotiate. And if you can't negotiate you are a slave. Jobs are slavery, even if we are determined not to think of them as such.

And it's not like I do nothing but sit around, now that I have the option to do so. I have been studying anthropology for the past... almost 7 years now, and see myself doing it for perhaps the rest of my life. It is endlessly fascinating and there is always more to learn, and it has practical utility. But it is not a job. It is something I choose to do, and for which I receive no direct compensation. And that makes all the difference. I could not do it to the same degree if I was saddled with a Job.

But what if you did receive direct compensation? Would that make it a "job" and thus a form of enslavement?

Mark twain once said that work was what a fellow was obliged to do. I agree. If you are doing it strictly for the money, it's work. If you are doing it for fun it's a hobby, paid or not.

A professional ballplayer may be paid millions of dollars a year but during a game he's playing, not working. Sure there may be lots of work involved.... dealing with agents, travel, workouts, etc., but ultimately it's a paid hobby. Maybe it's not having the option of a day off that makes it a job.

When I was getting paid good money for playing music in bars and living a life of partying, sex, drugs, and rock'n'roll, I never considered it as work. It was fun and I was being paid for it. Sure we had to deal with agents, loading equipment, traveling, and (gasp) rehearsing, but it was still just a paid hobby, not a "job".
My old man is an archaelogist, and loved his work. Still does it past retirement. In such a case, life is good or at the least acceptable. But there are no jobs that I like, and so, the conclusion remains. Some people are merely fortunate to be paid for something they would do anyway.
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February 17, 2018, 05:55:58 PM

Its boring



Do something bitcoin  Grin
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February 17, 2018, 06:22:40 PM

What we today call a job is, effectively, slavery. Yes people can choose what kind of work they do, but they can't decide if they want to do it - they have to work.

It's an interesting opinion, although i was lucky to always enjoy my work, even when working 10-12hr a day as a grad student and postdoc.

Maybe, I was lucky to work only on things that i liked and do only things that i liked (so far), it is probably not the typical work experience, though.
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February 17, 2018, 06:24:44 PM

Good morning Bitcoinland.

It looks like we're winning the battle for 5 digits, albeit barely... currently $10862USD/$13641CAD (Bitcoinaverage).

Hopefully we'll see some real upward movement soon.

What we today call a job is, effectively, slavery. Yes people can choose what kind of work they do, but they can't decide if they want to do it - they have to work.

Jordan Peterson said it perfectly. If you can't say no, you can't negotiate. And if you can't negotiate you are a slave. Jobs are slavery, even if we are determined not to think of them as such.

And it's not like I do nothing but sit around, now that I have the option to do so. I have been studying anthropology for the past... almost 7 years now, and see myself doing it for perhaps the rest of my life. It is endlessly fascinating and there is always more to learn, and it has practical utility. But it is not a job. It is something I choose to do, and for which I receive no direct compensation. And that makes all the difference. I could not do it to the same degree if I was saddled with a Job.

But what if you did receive direct compensation? Would that make it a "job" and thus a form of enslavement?

Mark twain once said that work was what a fellow was obliged to do. I agree. If you are doing it strictly for the money, it's work. If you are doing it for fun it's a hobby, paid or not.

A professional ballplayer may be paid millions of dollars a year but during a game he's playing, not working. Sure there may be lots of work involved.... dealing with agents, travel, workouts, etc., but ultimately it's a paid hobby. Maybe it's not having the option of a day off that makes it a job.

When I was getting paid good money for playing music in bars and living a life of partying, sex, drugs, and rock'n'roll, I never considered it as work. It was fun and I was being paid for it. Sure we had to deal with agents, loading equipment, traveling, and (gasp) rehearsing, but it was still just a paid hobby, not a "job".


BTCBTC upgrading rocket fuel mode enabled  Cool  choo choo//^$$$$$$$$
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February 17, 2018, 07:03:14 PM
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What we today call a job is, effectively, slavery. Yes people can choose what kind of work they do, but they can't decide if they want to do it - they have to work.

Jordan Peterson said it perfectly. If you can't say no, you can't negotiate. And if you can't negotiate you are a slave. Jobs are slavery, even if we are determined not to think of them as such.

And it's not like I do nothing but sit around, now that I have the option to do so. I have been studying anthropology for the past... almost 7 years now, and see myself doing it for perhaps the rest of my life. It is endlessly fascinating and there is always more to learn, and it has practical utility. But it is not a job. It is something I choose to do, and for which I receive no direct compensation. And that makes all the difference. I could not do it to the same degree if I was saddled with a Job.

Great point.

I would also add to this another related component, in that if your entire life moving forward relies on your belief that you must have and be in your chosen career forever, and are dependent on greater society to provide the work environment for that job/career to exist (essentially as long as you are alive), then that is also a form of slavery.

I.E., if you can't adjust properly if said career just suddenly vanishes or dies off, or you get laid off due to ageism and can't get back into your career, or your mind or body cannot keep up with the changes in said career, or you hit a wall and burn out, or because you hit the glass ceiling and your career no longer pays for your way of life.... then you are a slave.

When I was in my 20s in the IT field, every IT job that I ever had, I looked around and thought to myself "Why aren't any of my IT colleagues or co-workers over the age of 45 or 50? Or in most cases not even over the age of 35? Am I really going to be able to stay in this field until I retire?"

Now I know why. Everyone that works in a career field should look around and start asking themselves the same question. If you look around at work and all you see is really young people, you might be in trouble long term.
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February 17, 2018, 07:03:50 PM

@NODEfather https://twitter.com/NODEfather/status/963860385336999936
On Friday Feb 9, I was arrested in my home by Department Of Homeland Security over a #Bitcoin transaction from nov 2016 and am released under a personal recognizance bond. I am being charged with:
18 USC 1956 - Money Laundering Instrument

Another bitcoiner arrested for selling a small amt of coin. More details in the thread following that tweet.
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February 17, 2018, 07:06:36 PM

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do.

https://youtu.be/PWU9g1Fce3U?t=1m14s
You deserve your 50 merits for the game theory link, mister Toxic. I am eternally grateful for it. But this is not an effective jab.

Yea...weak sauce.  Just woke...one cup of coffee...and you going off about eugenics. Give me a few moments to craft a respectable rebuttal would you? 

Your statement seems so counter intuitive at first glance..what to make of it..hmm.

We have spent the last million or so years evolving for the very purpose of physical labor...and you suggest that in less than a few hundred years all that is lost?  The evolutionary path of hunter/gather's predicates periods of inactivity followed by massive bursts of exertion. exempli gratia, The tribe would stalk and chase prey for many miles before cornering, trapping or driving off cliffs. This pattern is found through out the food chain really..only in humans recent history has exertion for pleasure(i.e. exercise)become a thing. You dont see many apex predators besides homo sapien out jogging or doing yoga do you? No, they conserve energy until it is necessary to use. Its different how we go about work today in modern times. Work is toil, not the social interaction it once was.
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February 17, 2018, 07:11:20 PM

If anyone ever tells you than bitcoin mining is not worth it, show them the following picture:



Best share is 1e+3k , which means 1 with 3000 zeros behind it! Yep! It happened!  Cheesy Cheesy Cheesy Cheesy Grin
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