Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Torque]

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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[Last of the V8s]

@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.

[Toxic2040]

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.

[alexeft]

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! 

[Torque]

@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.

Saw this a couple days ago. Dude dun fucked himself, IMO.

I'm betting he's paid zero tax on whatever it is that he's doing.

It's possible, although if the DoHS is involved it means that he likely sold bitcoin to some shady people connected with crime or terrorism. Or maybe a sting type operation.

[Last of the V8s]

@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.

Saw this a couple days ago. Dude dun fucked himself, IMO.

I'm betting he's paid zero tax on whatever it is that he's doing.

It's possible, although if the DoHS is involved it means that he likely sold bitcoin to some shady people connected with crime or terrorism. Or maybe a sting type operation.

lawyers tell me it's the government attempt to regulate BTC with a judge instead of Congress

it's got fucking nothing to do with tax and it's got everything to do with there being no rule of law over there

[jojo69]

it's got fucking nothing to do with tax and it's got everything to do with there being no rule of law over there

A sad end to a once great republic.

[B1tUnl0ck3r]

it's got fucking nothing to do with tax and it's got everything to do with there being no rule of law over there

A sad end to a once great republic.

What should the republic learn from bitcoin?

[HairyMaclairy]

It will be anti-money laundering.  He’s either buying or selling BTC to drug dealers / organized crime.  

[Last of the V8s]

It will be anti-money laundering.  He’s either buying or selling BTC to drug dealers / organized crime.  

AML is the charge. He 's a pretty careful guy, though. Maybe it was a one-off bad trade like that. But he's stating now it's a DoHS play for relevance in the face of btc

@NODEfather 3h3 hours ago https://twitter.com/NODEfather/status/964908384628572160
Everyone asking me about why I was arrested for selling Bitcoin for Cash. Homeland Security came to my home to handcuff me. This is their plan to regulate BTC via legislation from a judge. @Potus has lost control of DHS/ICE. DHS is not needed when BTC wins


https://twitter.com/NODEfather/with_replies worth a read

[Deeyoh]

Probably how they trapped a guy in Florida a few years ago.  Remember he sold them bitcoin and they told him they were going to buy illegal stuff.. think bomb stuff with it.   Total BS entrapment. 

[B1tUnl0ck3r]

It will be anti-money laundering.  He’s either buying or selling BTC to drug dealers / organized crime.  

AML is the charge. He 's a pretty careful guy, though. Maybe it was a one-off bad trade like that. But he's stating now it's a DoHS play for relevance in the face of btc

@NODEfather 3h3 hours ago https://twitter.com/NODEfather/status/964908384628572160
Everyone asking me about why I was arrested for selling Bitcoin for Cash. Homeland Security came to my home to handcuff me. This is their plan to regulate BTC via legislation from a judge. @Potus has lost control of DHS/ICE. DHS is not needed when BTC wins


https://twitter.com/NODEfather/with_replies worth a read

Why are dohs/ice not needed with btc?

[infofront]

The FBI loves to tout the terrorist attacks they've prevented...After they recruit and indoctrinate a young man, teach him how to make a bomb, supply him with all the parts, order him to use it at a particular place and time. Attack thwarted!

But when someone calls to tip the FBI off on a likely mass shooting...ignored. The Florida school shooting the other day was just one of several recent examples of this.

Perhaps they've devoted so many resources to entrapping people and undermining Trump, they can't do any real work.

/Vaguely Relevant Rant

[Last of the V8s]

Why are dohs/ice not needed with btc?

loveydovey libertarian or maybe crypto-anarchic stuff? no more nation states, man. no more popo, man

[HairyMaclairy]

It will be anti-money laundering.  He’s either buying or selling BTC to drug dealers / organized crime.  

AML is the charge. He 's a pretty careful guy, though. Maybe it was a one-off bad trade like that. But he's stating now it's a DoHS play for relevance in the face of btc

@NODEfather 3h3 hours ago https://twitter.com/NODEfather/status/964908384628572160
Everyone asking me about why I was arrested for selling Bitcoin for Cash. Homeland Security came to my home to handcuff me. This is their plan to regulate BTC via legislation from a judge. @Potus has lost control of DHS/ICE. DHS is not needed when BTC wins


https://twitter.com/NODEfather/with_replies worth a read

He can make up any BS story he likes.  AML is taken really seriously.  Anyone doing Local Bitcoin is asking for trouble.  If you are taking large quantities of fiat in a brown paper bag in an alley, maybe you should stop and think for a second.

[Last of the V8s]

Agree he's getting a bit far-fetched. Your advice in the general is sound. In his case he claims a small amt. Expect we'll find out.
I just like him for not completely rolling over yet.

[suchmoon]

It will be anti-money laundering.  He’s either buying or selling BTC to drug dealers / organized crime.  

AML is the charge. He 's a pretty careful guy, though. Maybe it was a one-off bad trade like that. But he's stating now it's a DoHS play for relevance in the face of btc

@NODEfather 3h3 hours ago https://twitter.com/NODEfather/status/964908384628572160
Everyone asking me about why I was arrested for selling Bitcoin for Cash. Homeland Security came to my home to handcuff me. This is their plan to regulate BTC via legislation from a judge. @Potus has lost control of DHS/ICE. DHS is not needed when BTC wins


https://twitter.com/NODEfather/with_replies worth a read

Reading his tweets doesn't show him as careful or even smart. And what Bob said.

[bones261]

He can make up any BS story he likes.  AML is taken really seriously.  Anyone doing Local Bitcoin is asking for trouble.  If you are taking large quantities of fiat in a brown paper bag in an alley, maybe you should stop and think for a second.

Using Local Bitcoin should be fine as long as the transaction is small, (Under 10,000 I believe) and there is no way of you reasonably knowing that either the cash or the BTC was obtained from or shall be used for illegal activity. Also, you need to be sure that you are not charging a premium or they can get you for being an unregistered money transmitter.

[suspiciously square]

It will be anti-money laundering.  He’s either buying or selling BTC to drug dealers / organized crime.  

A guy called BurtW was arrested years ago for for trading on localbitcoins. They charged him with operation of unlicensed money transmitting business, and it cost him a fortune to clear his name.

I was arrested for trading Bitcoins, on Localbitcoins.com, in Colorado.

So far defending myself has cost our family almost $200,000  

We can use all the help we can get, please see the fundraising web site put up by my wife Jean:  

http://www.burtw.com

[bitserve]

It will be anti-money laundering.  He’s either buying or selling BTC to drug dealers / organized crime.  

AML is the charge. He 's a pretty careful guy, though. Maybe it was a one-off bad trade like that. But he's stating now it's a DoHS play for relevance in the face of btc

@NODEfather 3h3 hours ago https://twitter.com/NODEfather/status/964908384628572160
Everyone asking me about why I was arrested for selling Bitcoin for Cash. Homeland Security came to my home to handcuff me. This is their plan to regulate BTC via legislation from a judge. @Potus has lost control of DHS/ICE. DHS is not needed when BTC wins


https://twitter.com/NODEfather/with_replies worth a read

He can make up any BS story he likes.  AML is taken really seriously.  Anyone doing Local Bitcoin is asking for trouble.  If you are taking large quantities of fiat in a brown paper bag in an alley, maybe you should stop and think for a second.

It seems the transaction was done in 2016. I am sure they will just have to review his tax report, check the transaction was properly accounted for and everything will be fine.

Btw, what's up with legal fees in USA? He estimates his lawyers fees will be $150K-$300K?