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1021  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 04:20:26 PM
Still gotta see what the Aprils joke is all about....

Later when i'm home Wink

Too late. You're losing out already.
BTW I wouldn't mind a Dude fNFT. I'll pay 500 BTC for it. Anyone?
1022  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 04:06:19 PM
One curiosity that I have regards a couple of my previously owned NFTs (of me) that are currently listed "for sale," and I was pretty sure that I was only issued 7 NFTs, and they were numbered/labelled I to VII.., so currently, as I type this post, why are there two NFT's that are for sale with my name that are numbered/labelled VII? (you can see the ones for sale, here) Seems strange to me.

My guess? As part of his fNFT lesson, theymos decided to fuck up with emission.
1023  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 03:31:22 PM
Been thinking about selling the equation in my avatar ... how do I collect royalties if someone invents something incredibly lucrative using it?

You'd need to fix the last bracket, otherwise no respected equation connoisseur will buy it.

I would rather fix the first bracket (after the product), so as to be consistent with the size of the object inside the bracket pair... But, surely, even fixing the last bracket is a step in the right direction, and adds the necessary symmetry to the pair.

You have an eye for detail, Phil_S. I'm impressed.

An issue of the \large vs. \Large thingy?

Wow, more (LA)TEX fans... Nice!

I think math mode should automatically take care of bracket sizes, and in an optimal way.

Not exactly. I don't remember the details (and I can't be arsed to check honestly), but the TeXbook says something to the effect that default auto sizes for delimiters tend to be a bit too large, and spaced a bit too widely. I doubt LaTeX improves on that, as the low-level formatting is mostly left as it is in Plain TeX.

... So if you want to choose your own bracket geometries that's fine but you'll have to start by discovering your own fucking equations

How about posting a larger version? I might be able to make out something beyond the bracket size.

EDIT
Wow, AlcoHoDL managed to not only read it, but also make an informed guess at it. I'm in awe.
1024  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 03:22:53 PM
I don't get the new NFT thing.

It's a digital certificate that says, "I own thing X". You can then sell/transfer that digital certificate to someone else.

Worse, it's a digital certificate which says "I own this digital certificate". It confers no rights or benefits to the work it is generated from whatsoever.

Without a legal link into physical objects, NFT are mostly useless IMO. Which doesn't mean they can't be traded, as anyone who's been following shitcoins understands.

I think theymos designed just the right new site layout in this particular day. A lesson, a sign of the thymes.
1025  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 03:03:50 PM
Been thinking about selling the equation in my avatar ... how do I collect royalties if someone invents something incredibly lucrative using it?

You'd need to fix the last bracket, otherwise no respected equation connoisseur will buy it.

I would rather fix the first bracket (after the product), so as to be consistent with the size of the object inside the bracket pair... But, surely, even fixing the last bracket is a step in the right direction, and adds the necessary symmetry to the pair.

You have an eye for detail, Phil_S. I'm impressed.

An issue of the \large vs. \Large thingy?
1026  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 02:48:33 PM
I don't get the new NFT thing.

This is actually a great chance to learn. I suppose its more geared toward the economics of the market, but its not an entirely inaccurate depiction of how it works.

Says the whale sitting on a jbreher-VII and a Last_of_the_V8s-III. Envious!!!
1027  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 07:41:51 PM
The idea is keeping them from their aperitifs, I think.
1028  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 07:27:32 PM
BlackRock has disclosed that it has $360k in Bitcoin futures contracts.
https://twitter.com/BTC_Archive/status/1377339282453622784

I hope that means they're long  Tongue
1029  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 03:41:04 PM
Probably just me but I really don't like Nolan's non Batman movies.

After Tenet I decided to just not bother with his stuff anymore.

Really?
I thought that "Inception" was pretty cool.

Memento, Inception, The Prestige, Interstellar and Batman are master pieces from Christopher Nolan. These are some movies we will debate on for hours.
I saw the trailer of Tenet seems amazing looks like mixture of Inception and The Matrix..

Btw do we have any Dark fans here on WO?

I am watching it. My opinion? Nice music, with that simple glissando string motif that's chilling enough in itself. A slow burner with much less tension than descriptions/posters suggest. The slow burner, low tension thing is good - but it's a bit too complicated for my taste. Keeping track of things acrually requires drawing trees, a bit like 100 años de soledad, but luckily here there are more than two-three given names (thanks for that!). The good thing is it should definitely end with Season 3: no aimless wandering or shark jumping in sight.
1030  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 03:34:21 PM
My issue with your point of view, Biodom, is that we are losing track of the raison d'etre for art - the enjoyment.

I understand a Van Gogh original is worth millions, and enjoying a copy or a hi res photo of it isn't the "same" thing in some sense.

But - if the work of art is digital to begin with, what's the relationship between artistic enjoyment and "originality" or "ownership" of the work? When it gets that philosophic, I start to smell smoke.

Well, I am able to enjoy Van Gogh painting in person OR as wall paper while understanding the difference.
When i look at the wall paper, i have some thoughts about the fate, the universe, etc.
When i am in front of the physical painting, I pay attention to the minutia of the artist's work and how it becomes 'alive' at the distance.
When you own something, it is different from looking at something.
For myself, I like to look more than own, but some like to collect.
If their NFT shows artist's digital signatue, is validated on a blockchain and is basically immortal (hopefully), then collector might be satisfied in feeling that his/her 'piece' is unique, there is only ONE and there always be only one.

If I were a collector, I wouldn't be satisfied in feeling that the uniqueness of my piece is limited to a few bits of metadata in the signature - which, again, isn't part of the work itself, since other "unique" prints have the same exact data as their artistic content. Only physical enforcement of the link would give me that kind of satisfaction - along with possible returns.

What physical enforcement?

Physical enforcement as in "This physical work, authentic or not, present in this gallery/museum, can't be uncovered for all to see/moved from here etc., whithout a signature from the owner of this specific NFT". Who wants to "use" the object (watch, say) must get strong crypto auth before being legally able to.

Quote
In a museum, we are relying on "experts" to tell us what is genuine, but even experts are fooled sometimes.
There are very sophisticated forgers in a physical world.
https://artfulliving.com/art-forgery/

EDIT: btw, metadata IS part of the work itself, for sure, included in the NFT.
Yes metadata is part of the work and is necessary to enforce ownership. It is not part of the creation itself, in the sense that the work can be used/enjoyed even if all metadata are removed. This is the rift I was referring to - between art as an esthetic experience that has value and art as a token whose ownership/accessory data are not necessary to enjoy a specific piece of art. Unless there is physical (legal?) enforcement, that is.

I am not being dismissive.
1031  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 02:34:18 PM
My issue with your point of view, Biodom, is that we are losing track of the raison d'etre for art - the enjoyment.

I understand a Van Gogh original is worth millions, and enjoying a copy or a hi res photo of it isn't the "same" thing in some sense.

But - if the work of art is digital to begin with, what's the relationship between artistic enjoyment and "originality" or "ownership" of the work? When it gets that philosophic, I start to smell smoke.

Well, I am able to enjoy Van Gogh painting in person OR as wall paper while understanding the difference.
When i look at the wall paper, i have some thoughts about the fate, the universe, etc.
When i am in front of the physical painting, I pay attention to the minutia of the artist's work and how it becomes 'alive' at the distance.
When you own something, it is different from looking at something.
For myself, I like to look more than own, but some like to collect.
If their NFT shows artist's digital signatue, is validated on a blockchain and is basically immortal (hopefully), then collector might be satisfied in feeling that his/her 'piece' is unique, there is only ONE and there always be only one.

If I were a collector, I wouldn't be satisfied in feeling that the uniqueness of my piece is limited to a few bits of metadata in the signature - which, again, isn't part of the work itself, since other "unique" prints have the same exact data as their artistic content. Only physical enforcement of the link would give me that kind of satisfaction - along with possible returns.
1032  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 02:10:06 PM
My issue with your point of view, Biodom, is that we are losing track of the raison d'etre for art - the enjoyment.

I understand a Van Gogh original is worth millions, and enjoying a copy or a hi res photo of it isn't the "same" thing in some sense.

But - if the work of art is digital to begin with, what's the relationship between artistic enjoyment and "originality" or "ownership" of the work? When it gets that philosophic, I start to smell smoke.
1033  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 02:01:07 PM
Exactly my issue with NFTs. There could be a use for them, such as tracking actual physical assets: imagine owning an NFT for (part of) the Mona Lisa or something like that, and earning profit each time someone buys a ticket for the Louvre, or every time the work is loaned for an exhibition.

Same with the songs: I own the NFT, are the song rights now mine? Who gets the royalties on its uses - me or the person who sold me the NFT? If it isn't me, what exactly have I bought? The right to listen to the song? I've got my mp3 for that.

1034  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 01:28:13 PM
Sorry will read better next time.

That's puzzling to me too. Maybe because the US is doing much better then the EU in number of vaccinations per capita? I really hate the EU for being so penny wise pound foolish when buying the vaccines, yes they were very cheap compared to what the US paid, but of course now we are last in line (of the first world countries), costing muuuuch more in lost revenue.

Your "penny wise, pound foolish" feeling is shared by a few informed people. I feel differently, and I think the issue wasn't how much the EU paid for vaccine, but the low negotiation skills shown basically by Ursula von der Leyen personally. She should have left that to some seasoned shark tamer, like Mario Draghi.

I do agree the net result is a mess for Europe. And the difference vaccination progress might well explain the present exchange rates - but then, why is UKP penalized too? UK is doing just fine with the vax.

Another good point from you though. Thanks.
1035  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 01:23:00 PM
But cloud mining was mostly a scam. I had a short flirt and barely managed to make a few sats before they changed the conditions. This feels different. Scamming 275k$ whales that can sue your ass looks like poor financial planning.
1036  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 01:01:54 PM
Edit: Strange thing is, ATH for € is coming much sooner than ATH for $. Why? Maybe €/$ exchange rate differences between ATHs?

I guess EUR/USD price differences are too easy to arb for them to last long.

Rather, I don't understand the present high value of USD with respect to EUR and UKP. USA are well ahead of other nations in their brrrr work. It must be the market's bet on quicker recovery of the economy in the US than elsewhere.

Europeans are just better in building walls, they are simply harder to take down and consequently last a lot longer.

http://roma.andreapollett.com/S4/walls.htm
https://www.bbc.com/news/world-us-canada-51307868

I see your point (I think I merited one of your posts about that in the past), but now I was referring to the actual level of USD/EUR and USD/UKP - apart from btc exchange rate considerations.
1037  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 01:00:09 PM
Blockstream Issues Security Token Tied to Bitcoin Hashrate, Payable in BTC
https://www.coindesk.com/blockstream-security-token-bitcoin-hashrate-payable-bitcoin

What do you think of these hashrate tokens? The first batch will be sold in minimum lots of ~275k$, so it's only for whales, but they will be traded OTC in 0.1x lots. What looks nice to clueless me is they sell at a discount to actual mining hardware. And, more importantly, the buyer is not subject to issues with delivery, operation, maintenance etc. of actual ASICs.

Are they a thing? Can they become a thing in due time?
1038  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 12:35:51 PM
Edit: Strange thing is, ATH for € is coming much sooner than ATH for $. Why? Maybe €/$ exchange rate differences between ATHs?

I guess EUR/USD price differences are too easy to arb for them to last long.

Rather, I don't understand the present high value of USD with respect to EUR and UKP. USA are well ahead of other nations in their brrrr work. It must be the market's bet on quicker recovery of the economy in the US than elsewhere.
1039  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2021, 11:52:16 PM
I don't claim to fully understand the implications of ETFs getting into Bitcoin.
Neither do I, but...

At first thought it seems to be a positive thing (mass adoption, recognition, etc.). But, something makes me feel a little wary about such big players entering this space. All those massively powerful entities will have the power to greatly influence the market, and we must assume that their motives will not necessarily be pro-Bitcoin.

The problem is they will be able to do so without buying a single satoshi. That's why I advocate strict 'in kind' redemption (physical) and fastidious auditing. Which can only be done on the etf issuer reserves: it is impossible to do on the etf stock once it is out on the market. For a reminder, think of other stocks with short interest ABOVE the float.

It has happened, it happens everyday. GME is the latest famous example. And the asses of the shorters were saved by some opaque chain of factors - Robinhood, the clearinghouse, the antiquate short reporting system (they are going to update it to "within a working day" or so - why don't they use a friggin' blockchain or something?) - we will likely never know.

As a final note, I got my skin off GME while still decently in the green as soon as I understood that wielding my diamond hands would have given me no super tendies.
1040  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2021, 11:27:02 PM
The way I see it, cash settled can "wag the dog" almost as powerfully - at least if the ETF issuer has any clearinghouse function: if number go up, any redeeming of ETF stock must follow the price, basically forcing whoever clears the stocks to hedge against price moves by holding physical btc or other reliable derivatives.

Now let's forget about this for a moment and consider a hypothetical situation: what happens to "the number" when someone short sells, or naked short sells, a btc ETF with the might of a full brrr press?
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