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3661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 03:26:30 PM
hmm no train pictures around yet...
when will you guys consider this to the begining of another bubble? I'll only be convinced if we reach and pass 1000...

Based on history, 1000 is not bubble territory. We never fell back to 266 this last time around.
3662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 03:00:13 PM
Hahaha, Bitcorn: a revolution in farming!

Heh. Nice. Instead of being paid to grow corn which is then turned into ethanol to be put in gas and ruin our engines, pay them to mine with GPUs. Same government corruption but we get to keep our gardening equipment working.
3663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 03:49:52 AM
Ah...

Risto inbound...

3664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 03:41:54 AM
KNOCK KNOCK

"$650,-" Who's there?

HUOBI, BITCH.

Where's that door kicking gif when it would be useful?
3665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 03:18:50 AM
FUCK.

I was taking a shit, was waiting all night to watch that $630 get smashed.

Ohwell.


CHOO CHOO.

This was a common occurrence for many in the April 2013 rally.
3666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 12:05:58 AM
I also found that the bubbles (or peaks, if you would prefer to call them that) seem to occur approximately every 234 days (an observation already mentioned on this forum) - with the minimum time between peaks being 213 days and the maximum time being 235 days. Considering there have been six peaks, that is a very small degree of variability for such a volatile phenomenon as Bitcoin.

It would be cool if someone could work out a root cause for this. It would be interesting if it was a slight mistuning in the Bitcoin protocol. Or perhaps a harmonic of reward halving.
3667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 10:15:45 PM
They were talking about it in the Meta section one day.  IIRC ~0.1BTC is the going rate for Sr. Member. 


Is there a premium for accounts with avatars? Smiley
3668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 10:10:32 PM


It seems more likely that consciousness is rationalization after the actions.

mmm ... it's a very interesting thought, thank you.

I still think there is something beyond consciousness, perhaps sub-conscious or super-conscious, that dominates our existence.

or rather, something outside our understanding of this reality that we are constantly in communication with, yet completely unaware of.

I agree. I have no idea what it is and it seems it must be some sort of emergent property
3669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 07:46:14 PM

or inward even, as it feels like this influence manifests itself though our actions?

It seems more likely that consciousness is rationalization after the actions. There does seem to be some kind of observer in place though (for me, at least)
3670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 07:02:42 PM
This is precisely why I don't believe in the concept of free will.


It's not like you have a choice, right? Wink
3671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 06:57:50 PM
If $volume would indeed be required to increase linearly with price, we would expect to see constant BTCvolume. We don't: BTCvolume gently declines over time. And I agree with Peter that this is only to be expected.

While it does generally make sense to work in dollar amounts since it is more stable (Chartbuddy does this for depth scaling) , it should probably be taken into account that while bitcoin value is increasing, the value of the dollar is also decreasing (albeit at a slower rate)
3672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 06:38:20 PM

But to run a simulation you need to be able to solve the 3-body equations... Unless you're running some sort of simplified heuristic simulation, in which case it could never be absolutely deterministic anyway.


Absolutely not. A simulation would typically rely on the basic laws of physics, not complex solutions for particular situations.
3673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 05:55:59 PM

Ok, but I disagree about the simulation. You'd need infinite precision, or need infinite energy for this to be accurate enough, or need an analog model the same size than the system you want to modelize for this to work.

Yes. And that would be an issue were such to be attempted but that is outside the scope of the assertion at hand. Even with a perfect model (impossible as that may be), the universe has unpredictable aspects (as far as current science knows).
3674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 03:23:58 PM
Not even sure that the small errors in the physic models are needed. The beauty of René Thom"s chaos theory is that the non-determinism lies deep within the maths.

As an example, even if you know very precisely the speed and the position of the solar's system planets, and the external perturbations, you just can't do the maths, the 3-bodies equations are already too complicated to be solved. And which planet will be ejected from the solar system is still a mystery.


You don't need to solve the equations though. In a deterministic universe, if you know precisely the starting conditions, you could run a simulation and get the prediction. Chaos theory says that small perturbations in the starting conditions can lead to vastly different outcomes. Quantum physics says small perturbations are intrinsic. Even with two initially identical systems, things will occur in one which will not in the other.
3675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 02:41:45 PM
The laws of nature (assuming you know all of them perfectly, and we don't) are perfectly predicable,

Quantum physics and chaos theory say no.
Chaos theory is still within a determinist framework.

Quantum physics and chaos theory
3676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 02:19:39 PM
The laws of nature (assuming you know all of them perfectly, and we don't) are perfectly predicable,

Quantum physics and chaos theory say no.
3677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 02:03:40 PM
Yeeeeehaw!


Que the, "Its happening gif."

 Grin



"Cue" people, it's spelled "cue".

Que is

3678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2014, 06:13:23 PM
How you like my wall?

Nice wall you have there. It would be a shame if something were to... "happen" to it...

3679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2014, 01:10:11 AM

Personally and helping 2 others open corporate accounts on stamp it was a painless process and took about 2-4 hours max

Unless you want to launder your drug money or terrorist funds answer the KYC its not that hard  Roll Eyes

 

The US govt makes reporting conditions more onerous time after time. These things may be acceptable to most right now but before long, it'll be more "I am altering the deal. Pray I don't alter it any further." Just try not to be caught with your head in the sand.
3680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2014, 09:37:10 PM
I think it's a sad day when one of Argentina's preeminent number theorists turns out to be a drug trafficker Sad

Hey, if it can happen to Walter White... I can definitely see a resemblance.

"Breaking Bit"
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