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61  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2023, 03:50:06 PM
...

We're on Page 32011 of the WO thread.  "32011" (also known as 32011X) is also the number of a bearing used in the transmissions of some trucks.

Just thought someone might like to know.  You know, just in case.


And no, I have not been drinking...

 There's something admirable about a man who has got his bearings straight.



I hope I can post similar when we get to Page 32109.  A really special one.  Really!

For Korean!
62  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2023, 03:45:02 PM
Current merit count,
Binary numbers for me…
1 0 0 1 0


#haiku #THXWO


10011 now, sorry...   Smiley

Still a binary number though.  Hey!  At least I didn't piss all over your cornflakes...
63  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2023, 02:59:42 AM
...

We're on Page 32011 of the WO thread.  "32011" (also known as 32011X) is also the number of a bearing used in the transmissions of some trucks.

Just thought someone might like to know.  You know, just in case.


And no, I have not been drinking...
64  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 14, 2023, 04:13:37 PM

[...]

Why the F can I even receive calls from India I wonder, what benefit does it give me? I don't know anyone in India and frankly I don't want to either based on how much of their population behaves. I literally had a +91 call yesterday morning. No joke. They're not evening hiding their number anymore.

[...]




I get lots of spam calls from all kinds of weird countries too (Russia, Lithuania and various African countries), though still mainly from USA area codes.  I know no one in any of them either.

One would think that it would be relatively easy to stop spam calls.  Sanction the cell providers and anyone else they can get their hands on.  .gov can fix this if they want.

DeSantis might get some great political mileage if he stops this s**t.  Millions would vote for him if he just did that one thing (nailing phone spam).
65  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2023, 04:52:49 AM
...

Another ChatGPT chat:


(Me): How much of a threat is quantum computing to the Bitcoin encryption methods.

(ChatGPT): Quantum computing has the potential to break the elliptic curve digital signature algorithm (ECDSA) used in Bitcoin and other cryptocurrencies, as well as other commonly used cryptographic algorithms. ECDSA is used to generate and verify digital signatures that are used to authenticate transactions in the Bitcoin network.

Quantum computers can solve certain mathematical problems, such as the integer factorization problem and the discrete logarithm problem, that are currently believed to be intractable for classical computers. These problems are at the heart of many commonly used cryptographic algorithms, including ECDSA.

If a sufficiently large and reliable quantum computer were to be developed, it could theoretically break the cryptographic security of Bitcoin and other cryptocurrencies by calculating the private key associated with a public key, and using it to forge signatures and steal funds.

However, it is important to note that current quantum computers are not yet powerful enough to pose a serious threat to Bitcoin's security. Additionally, there are ongoing efforts to develop post-quantum cryptographic algorithms that are resistant to attacks by quantum computers.

In summary, while quantum computing poses a potential threat to the security of Bitcoin and other cryptocurrencies, the current state of quantum computing technology and ongoing research in post-quantum cryptography means that it is not an immediate concern.
66  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2023, 04:02:01 AM
...

This is way O/T but I thought it was so cool..., yet shows the power of AI and why we want to pay attention to it...

I was interested (as a layman and non-programmer) in having someone write me a quickie program to make 4 * 4 matrices with all small value positive (or 0) integer values THAT ALSO had an inverse with a small integers.  This is useful in some types of cryptography.  Anyway, I was unable to convince an ex-WO member (many moons ago) to write one for me, so I just test-fired the ChatGPT AI bot.  This not 100% what I want (I would like to be able to "seed" some values into the starting matrix), but gives me a starting point.  Well, here was my second crack at my chat with the bot (in red and blue):

(Me):

Thank you.  Now write the python program so that all integers are 0 or positive, less than 12 and whose inverse matrix has all integer values less than 12.

(ChatGPT):

Sure! Here's a Python program that generates a 4x4 matrix with integer values that are 0 or positive, less than 12, and whose inverse matrix also has integer values less than 12:

import numpy as np

# initialize matrix with random integer values between 0 and 11
matrix = np.random.randint(12, size=(4, 4))

# check if matrix is invertible and inverse has integer values less than 12
while np.linalg.det(matrix) == 0 or not np.all(np.logical_and(np.mod(np.linalg.inv(matrix), 1) == 0, np.abs(np.linalg.inv(matrix)) < 12)):
    matrix = np.random.randint(12, size=(4, 4))

# print original and inverse matrices
print("Original Matrix:\n", matrix)
print("Inverse Matrix:\n", np.linalg.inv(matrix))


Explanation:

We import the numpy library, which provides functions for matrix operations.

We initialize a 4x4 matrix with random integer values between 0 and 11 using the numpy randint function. The size argument specifies the shape of the matrix.

We use a while loop to check if the matrix is invertible and if its inverse has integer values less than 12. The condition for the loop is a logical OR of two conditions: the determinant of the matrix is 0, or the inverse matrix has non-integer values or values greater than or equal to 12. The numpy linalg.det function computes the determinant of the matrix. The numpy mod function computes the remainder of division by 1, which can be used to check if a value is an integer. The numpy abs function computes the absolute value of each element in a matrix.

If the loop condition is not satisfied, we print both the original and inverse matrices.

Note: Since the values in the matrix are generated randomly, this program may take some time to find a suitable matrix. If you want to increase the likelihood of finding a suitable matrix quickly, you can increase the number of iterations in the while loop or decrease the range of random integer values.
67  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2023, 10:27:05 PM
...

I had not heard of this.  A company called TeraWulf is going to mince BTC with a nuclear reactor in NE Pennsylvania.  (Not really that far from E. Palestine, Ohio.)  I'm kind of amazed that the greenies (and PA regulators and voters ) are going to let them do that.  Once they have the 15,000 miners planned, they will run about 0.5% of the world's total hashing rate.

This kind of thing is going to make home mining harder.

https://decrypt.co/122264/terawulfs-nuclear-bitcoin-plant-one-piece-green-mining-puzzle
68  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2023, 04:01:53 PM
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Just when The Dude showed the green candle, BTC crosses $25,000.  Go BTC, go!
69  Bitcoin / Wallet software / Re: [Tutorial] BlueWallet - Bitcoin Wallet Discussion on: February 16, 2023, 05:20:28 AM
...

I was happy to note that Blue Wallet supports Payjoin.

-- Has anyone tried this feature out?

-- What other wallets have this feature?  In casual searching, I have not found any easy-to-use wallets that do have Payjoin.

-- How about merchants (or other recipients) who use this feature?  

-- Is Payjoin finally getting popular?

Any insights greatly appreciated.


(edited)
70  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2023, 01:00:30 AM
...

True, JJG.  But, my itty-bitty little preference would be to keep fees low, transfers fast.  But, yeah, honey badger don't give a shit.
71  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2023, 12:32:18 AM
...

Well, I found out why the blockchain is clogged up with so many UTXOs that otherwise seem to have no function...  Ordinals/inscriptions.  Examples (these two aren't bad, but a lot of stupid stuff being posted):

https://ordinals.com/inscription/625d1f451777031065aaf1530ec7aecf5e4885f3b0c06b9fc5dbbc6aaf439d0di0  <== Bill Gates soon?

https://ordinals.com/inscription/fdad3bc7513e5522e3fbf69f5c03085df489fc7e27881c7ba64f7cadc5c6dccci0  <== a newspaper headline

https://ordinals.com/inscriptions  <== inscriptions explorer


I would (likely) be against ordinal inscriptions, as they do seem to slow things down, and Bitcoin's blockchain's best and highest value is for moving money.  IMO.


Edited for errors, geez that took a while...
72  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2023, 10:31:55 PM


Happy that I bought BTC yesterday, smile.

*   *   *

RIP Raquel indeed.  She was, well, the favorite of all us teenage guys back in the day.

73  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2023, 01:26:11 AM
...

Hey, my apologies if this is too OT, but NOSTR has just gotten real hot.

zerohedge just had an article on them, apparently a lot of BTC-ers and angered Twitter people are joining this interesting uber-social decentralized network.  I've just spent a couple of hours looking at NOSTR related stuff.  There is at least one pretty active user buying/selling BTC there.  I have no idea how to join (yet), but this looks like it may become A Big Thing.  They have a really good "BTC Ethos" it looks like.

Warning: Even they say that because the network is so new, users should be aware that they may become "REKT".

Some beginner info I've looked at:

https://www.zerohedge.com/technology/how-nostr-will-change-world-privacy     <=== ZH article this afternoon

nostr.ch    <=== running chat

https://bitcoinmagazine.com/technical/what-makes-nostr-a-different-social-platform   <=== recent Bitcoin Magazine article
 
https://nostr-resources.com/    <=== self-explanatory


and a recent comment that caught my attention (cut'n'paste):

d3076435 53 seconds ago
stocking up on #Bitcoin

shedding material possessions

stay agile

✩2
74  Bitcoin / Hardware wallets / Re: Trezor CoinJoin Testing on: February 07, 2023, 09:51:49 PM
...

That's interesting as well as very good news dkbit98.

I'd be interested to hear comments and results after their testing is done.
75  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2023, 06:22:16 PM
...

Now that Jay Powell has made his latest remarks (and pumped various markets some, inc. BTC) I thought I would mention a couple of sites I often visit when I want to factor in other data (beyond my BTC research):

https://finviz.com/futures.ashx   <--- a handy dashboard/heat map that looks at 48 indicators (inc. precious metals, energy, stocks, currencies, grains)

https://www.ustreasuryyieldcurve.com/  <--- I look at the yield curve often, finviz above does not display Treasury interest rates

Note at the latter how inverted the yield curve is, the 1 year rate is more than 1% higher than the 10 year.  Oh.  Hmm.  (That looks good... /s)
76  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2023, 06:08:40 PM
...

El_Duderino (last page)

Yeah, I remember my first year or two in BTC, I am happy I stayed in it, the patience led me to nice rewards.  Patience and restraint (to NOT get into s**tcoins) look to be a great bet going forward.  And, carefully hidden BTC are a nice way to get some assets off the grid.  Important IMO.  Grasping governments are only going to double-down on stupid (see remarks just below).


BitcoinBunny (just above)

The UK wants a CBDC, yet does not want anyone to save it?  Uh-huh, they really DO care for the people, bwaaaha...  Nice list of why some areas (with more economic freedoms) are doing so much better than others.  For anyone with a brain, it should be more than obvious now that big and nosy .gov's are the problem, such governments solve nothing and bring more misery into their nations.  Our own "Joe Biden" was just today labeled "The Most Progressive President" we've ever had.

I spent a few days in Dubai about 5 years ago.  Fascinating place.  I doubt that I would choose to live there, but the freedom to do what you want (as long as you respect their culture and keep your yap shut about their .gov) was impressive.  

Dubai (at their big mall near the Burj) has one of the biggest & best bookstores I've ever been to, and I've been to a lot of bookstores.  That's where I found my copy of The Bitcoin Standard.
77  Bitcoin / Wallet software / Re: Wasabi Coinjoins Seem Larger and More Popular on: February 06, 2023, 09:57:03 PM
...

A comment on the subject of this thread, and then a comment on Wasabi and their working with a chain analysis company.

I have looked at a fairly large number of Wasabi's coinjoins (they are distinctive looking diagrams at mempool.space, easily identified), and while the link I first posted above has the LARGEST UTXO I have seen, it is by no means the only large one I have noted.  I very often see a series of 10 - 12 BTC as inputs, and similar sized outputs.  While an over 50BTC UTXO is not all that common, they do show up fairly regularly.  So, maybe they are institutional, yeah, perhaps so.  But as BlackHatCoiner notes (but in my words here), it does seem unusual that (many) institutions would bother joining their coins if Wasabi just passes that info on to [Chainanalysis]...

Also, I would sure like to know WHICH exchanges (CEX) then accept Wasabi-joined BTC as clean.  I would REALLY like to know that.  Also the analysis company (that's called "transparency").

*   *   *

OK, I already know that nopara73 and the Wasabi team thought long and hard about their policy of working with [...].  But, by not being transparent, especially taking such a controversial step that would infuriate privacy advocates (like me, and probably 90% of members at this forum), Wasabi looks BAD in their eyes.  

Perhaps Wasabi could be more transparent.  Who is their [...]?  And how "clean" are the coins coming out of their coinjoins?  Wasabi would likely respond "That's confidential, it would only invite X, Y, and/or Z to take countermeasures to take additional steps to maintain their privacy hide their dirty money..."

So, what do you say, Wasabi?  Tell us who your partners are, and who among Coinbase, Binance, Kraken, Gemini, Bitstamp, etc. would accept your outputted coins as clean?

Else, perhaps, some other privacy-respecting company will come along and offer a truly private solution (a good coinjoin without ratting out your own customers).
78  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2023, 05:31:27 PM
...

SOMEONE using Wasabi is confident about HODLing BTC, and that whatever chain analysis company that looks at Wasabi's coinjoins won't matter to them...  Check out the below, with a whopping 130BTC UTXO:

https://mempool.space/tx/b1c32fee891ebc3f4e3ee9553ce9a71f44eb62b2df602146bf051f633cd4c6c5

I'm seeing more and larger coinjoins now.
79  Bitcoin / Wallet software / Wasabi Coinjoins Seem Larger and More Popular on: February 03, 2023, 05:24:45 PM
...

I have been curious to follow Wasabi coinjoins since they started their new service.  Even with the fact that they are working with a blockchain analysis company I see more coinjoins, and perhaps more interestingly larger coinjoins (when 2 - 3 sats/vB get into a block).  It's not rare at all to see 200+ BTC joined all at once now.

Check out the below transaction from yesterday (with a whopping 130BTC UTXO):

https://mempool.space/tx/b1c32fee891ebc3f4e3ee9553ce9a71f44eb62b2df602146bf051f633cd4c6c5

That's about $3,000,000 worth of BTC going to just one address.

Bet that address is getting scrutiny...
80  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2023, 01:22:46 AM
...

Nice quick little price spike to $23,400.

Go BTC go!
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