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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2025, 06:43:43 PM
It's annoying to look at substantial buys that trigger a ton of sells as soon as barely touching $112k right now.
A bit more momentum and shorts would be eaten up in a short while.


2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2025, 06:37:03 AM
3 pages and no jjg ok own up to it who broke them???

ChatGPt can fill in, no problem:

SNIP


That basically covers it.

Sorry, GPT, B- for effort...in general, not in style, like not at all.
 Cheesy

So true.
CGPT's lil selfie still missing some skills, perhaps, perhaps?

EDIT: And then they say Bitcoin mining is a waste of energy?! LOL LOOOL!

Quote from: ChatGPT

The idea that **AI is a bubble** is a valid question, especially given the explosive hype, funding, and attention the field has received. But whether it's a "bubble" depends on **what exactly you're referring to** — the technology, the investments, or the expectations.

### 1. **AI as a Technology** → **Not a Bubble**

AI, especially deep learning and large language models (LLMs), has demonstrated real, transformative capabilities:

* **Natural language processing** (e.g., ChatGPT, translation, summarization)
* **Computer vision** (e.g., self-driving, medical imaging)
* **Drug discovery**, **robotics**, **predictive analytics**, etc.

These are not speculative — they’re delivering tangible value and getting better rapidly. So from a **technological standpoint**, this is more like the internet in the 1990s: **early, but real**.

### 2. **AI Investments & Startups** → **Possibly a Bubble**

There’s clear evidence of **overfunding**, inflated valuations, and **bandwagon startups** with little substance — typical signs of a bubble. Many companies rebranded as “AI” just to attract funding.

Some signs of a potential bubble:

* Startups with minimal differentiation raising hundreds of millions.
* VCs throwing money at anything with “AI” in the pitch.
* Unrealistic product timelines and business models relying solely on hype.

This resembles **the dot-com bubble**, where **real technologies** were surrounded by **speculative frenzy**.

### 3. **AI Hype and Expectations** → **Definitely Overhyped in Some Areas**

Many people now expect AI to:

* Replace all jobs.
* Achieve AGI (artificial general intelligence) in just a few years.
* Solve science, politics, and creativity with minimal oversight.

These expectations are **not grounded in current capabilities**. There’s a real risk of **disillusionment**, similar to past AI winters when hype outpaced reality.

---

### Summary:

| Area                  | Is it a Bubble? | Notes                            |
| --------------------- | --------------- | -------------------------------- |
| Technology            | ❌ No            | Groundbreaking, real progress    |
| Investment & startups | ⚠️ Maybe        | Overheating, speculative capital |
| Public/Media hype     | ✅ Yes           | Many exaggerated claims          |

So, AI is **not a bubble in itself**, but the **surrounding ecosystem** has **bubble-like elements**. The core tech is here to stay — but not every AI startup or claim will survive.

3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2025, 11:34:29 PM
I rarely take any actions before having a detailed plan. Otherwise i'd get stuck in the process, like too often in the past. Who really wants to knowingly repeat failures? (except in the hookers and blow categories)

Am always careful while doing these things, but sometimes I make mistakes due to this caution. Please pay attention to being thorough to avoid failure. I have become careful since the day I lost my time.
I was not careful before and got into trouble because of this.
Although I do not know the story of your previous failure,
I feel that you have suffered a huge failure,
which is why you have become so careful now.

You got that wrong, sorry.
It was just a little exploration of my weakness of making decisions, followed by a rhetoric question (followed by an ironic statement).
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2025, 06:18:16 PM
If you have to split
A sentence to fit it, it
means it's no haiku


#haiku
#meta-haiku


Yes,

"never on websites" would have been it.
I admit i was in a hurry.
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2025, 11:36:30 AM
anybody hacked
by social engineering
must be very dumb

repeat my words now:
i will not enter my seed
on websites. never.

if i ever do
i will admit i'm stupid
i deserve the loss
#haiku

I agree with the overall sentiment, and so I sent an smerit for the idea of the haiku, yet I am not sure if I agree with the "I deserve the loss" part, since sure a lot of people are dumb and gullible, but scammers are becoming more and more sophisticated in appearing as if they are legitimate and take care of certain areas of gullibility that even smart people might fall victim to some or the fairly creative ways of impersonating they are from a place of authority, including that there ends up being a sense of urgency if coins might seem to be vulnerable. 

Indeed, i was kinda twisted, too.
First i wrote a dual part Haiku, when "if i ever do" just clicked and i decided that a third part should be included.
Before posting the whole thing, i was thinking about that last sentence, too, but i published it for lack of alternatives and time.
I'm always careful when it comes to access my BTC holdings, and giving away my seedword list was a no-no-no from the beginning. I rarely take any actions before having a detailed plan. Otherwise i'd get stuck in the process, like too often in the past. Who really wants to knowingly repeat failures? (except in the hookers and blow categories)
Verdict: Bitcoin must be taught better to the more ordinary kind of people.

6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2025, 06:08:23 PM
anybody hacked
by social engineering
must be very dumb

repeat my words now:
i will not enter my seed
on websites. never.

if i ever do
i will admit i'm stupid
i deserve the loss

#haiku
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 16, 2025, 12:30:35 PM
Our new vacation home is taking shape.



It's amazing what 0.5 btc will give you, considering what I paid for it back in the days.

Now it may sound cheap, but a decade from now, the same amount will probably be enough for a big mansion.

So, another half Bitcoin and you will have actual doors, windows, heating, electricity and flooring?
Not bad at all  Tongue Wink Grin

That's the final cost actually, including windows, AC, flooring and what not.

This is Thailand, so material and labor is very cheap compared to any western country.

Yeah, i was only joking. I thought the Emojis did emphasize this.
Really cheap. Is Thailand still safe, i mean a little more off big cities and/or touristic villages?
I always considered putting something up there, too, but i heard so many contrasting things.
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 16, 2025, 11:16:24 AM
Our new vacation home is taking shape.



It's amazing what 0.5 btc will give you, considering what I paid for it back in the days.

Now it may sound cheap, but a decade from now, the same amount will probably be enough for a big mansion.

So, another half Bitcoin and you will have actual doors, windows, heating, electricity and flooring?
Not bad at all  Tongue Wink Grin
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 16, 2025, 07:33:47 AM
Ledger discontinues Nano-S support.
https://support.ledger.com/article/Ledger-Nano-S-Limitations?redirect=false
Thanks for nothing, french assholes.
I still couldn't decide on a new HWW, and these news put me under quite some pressure now.  Angry

How long has it been OOM?  Perhaps a couple of years?  

I recall that you lost your Ledger (Nano S, no?) and then you ended up putting the seed somewhere else to recover the coins, yet in the process, I thought that you had bought a hardware wallet (HWW).  Then perhaps after you had already recovered your bitcoin onto some other wallet, then you found your lost NanoS...

Not easy to follow all of the sagas in these here parts, yet I still thought that the punchline was that you had purchased some kind of a new HWW.

I had a spare Nano-S which i used for restoring the key from the seed. It was originally destined as a birthday present for my wife, but she did not yet come to use it.
And yes, i found the presumably lost Nano-S later on. Must have been about two years now and yes, procrastination combined with poor working memory is a real challenge, even more so when it's combined with weakness in decision-making. I have not found the perfect wallet, yet (because it doesn't yet exist?) though i still have some browser tabs with comparison sheets of various HWW open, among the hundreds of others. Fuck my life  Roll Eyes
At times it seems that Trezor still is a safe bet in choice matters, but i hate the aspect of transferring my coins to it, as the Bip39 seed using 24 words is not directly restorable on the Trezor. This will leave some dust on the Nano-S, for which i hate Ledger even more right now.
At least i'm not a nocoiner. That balances out a lot of the inconvenience in regards to the Ledger situation.

This means that more and more Bitcoins are going into hibernation"_ holders are in no hurry to sell.

Quote from: Joe Hallenbeck
The sky is blue, water is wet, hodlers are in no hurry to sell  Wink
(Borrowed from "The Last Boy Scout")
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2025, 06:07:38 PM

These links provides the most accurate info, I think:

https://finance.yahoo.com/news/coinbase-stock-slips-crypto-exchange-123040251.html

Quote
Coinbase said no passwords or customer funds were ever accessed. However, it said names, addresses, phone numbers, email addresses, last four digits of Social Security numbers, masked bank account numbers, and Coinbase account data like "balance snapshots and transaction history" may have been compromised.

They also said that access was from outside of US, but it is not clear where the customers were.

https://www.investing.com/news/stock-market-news/coinbase-discloses-security-breach-expects-impact-of-up-to-400m-4047654

The breach, which Coinbase described as an “extortion attempt,” is said to have started when criminals bribed overseas support contractors to extract internal data affecting less than 1% of monthly transacting users.

The attackers reportedly obtained names, addresses, and phone numbers, as well as masked Social Security [it means just the last four digits] and bank account information, government ID images, and account data.

Coinbase emphasized that the attackers did not gain access to passwords, two-factor authentication codes, private keys, or customer funds.

I think this has to be Coinbase PR, I bolded the really, really important thing that they seem to be trying to slip under the radar.

Say someone has even a reasonably small number of whole Bitcoin on their Coinbase account. That's worth a lot of money nowadays and the attackers know who has Large holdings or even have transferred large amounts off to their own storage and they have their names, addresses, phone numbers, pictures, drivers license, etc. etc. This is very dangerous for people who would be someone worth flying out to with a $5 wrench.

Seriously, if any of you in here fit that description, I would try to find out as quickly as possible if your account was one of the ones compromised. And if so, I don't know what you should do, but you should take some kind of precaution I would think, at least by a gun.

First of all, it's still don't trust, verify.
But nobody can verify what coinbase is telling us.
So they don't deserve to be trusted, or at least trusted in regards that can be verified.
As far as i correctly understood him (honestly, i don't happen to memorize his name, maybe because i care so little about this guy) in the video message, the customers in scope of the breach are being informed, but i was distracted by people around me while watching it.

But the thing with the gun... This isn't enough. Awareness and gun training are really important. There are also legal issues to take care of if you want to hold or use a gun in different countries. But learning to be aware of your surroundings is key to prepare for possible attacks. The bad boys don't drive up at your house, break open a window and start working you with the wrench, they likely observe and collect information in advance. Unfortunately, as i use powerful optics for one of my hobbies, i know how easy it is to observe from a big distance, which makes the observers much less visible. If one has the money (and a house), a panic room would be a good option, because it can be used by other familiy and household members in an emergency. Thinking of the cut off fingers in France to extort private keys from relatives...
I could go on, this topic can get quite complex, at least we can agree that it sucks more than almost anything else to get your personal data leaked when you're holding Bitcoin.


Not your keys not your coins
Not your server, not your data.



Stay away from centralized exchanges. They will find ways to extort your KYC as well as your money from you. And they will probably sell your data (passport and so on...) and they will claim it was due to a "hack" to avoid responsiblity.


Incoming identity thefts in 3...2...

That's exactly one of the facades of the trust/verify problem.
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2025, 04:15:17 PM
Ledger discontinues Nano-S support.

https://support.ledger.com/article/Ledger-Nano-S-Limitations?redirect=false

Thanks for nothing, french assholes.
I still couldn't decide on a new HWW, and these news put me under quite some pressure now.  Angry
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2025, 04:07:03 PM
The coin fellow speaketh...

Direct link to video:
https://blossom.primal.net/41e95811cbb84490dd979159d3c45eee8bf6c5f83a07f3f95a000ca3e1fe4622.mp4

I generally like the response.



Sorry, any of you may like or not like this dude, or even simply don't care about him, but the response is great, imho.
Have we even ever witnessed such act of responsibility in the exchange space?
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2025, 09:49:25 AM
Most boring bull martket ever..

Tired of to yawn and staring endlessly from boredom.

it's really jaw-locking. I used to get clickbaited a few times a week by "this news gonna send BTC to the moon tomorrow" content on social media, but i do no more.
Just like King Daddy, i don't really care anymore. The same became true for dips, though. Paper Bitcoin are rotating through trading apps and websites, honestly it got worse than stonks markets.

Advice: Just Zen and watch. Buy when you can, sell when you must. If there is a blowoff top in the making, we're among the ones to recognize and act accordingly first.
It can't get easier than that, but i fully agree: It's boring.
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 13, 2025, 06:07:20 PM
Chinese claim "First Successful Factorization of RSA-2028 Integer"

Spoiler: Your Bitcoins are still safe.
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 13, 2025, 05:40:41 PM
So by analogy in the digital realm, colliding two ETHs could give us more cornz??

Sorry, but experiments were showing that you only get 0.5 ETH2 by colliding two ETH. Unfortunately 1.5 ETH are "lost" in the form of "gas", while the remaining 0.5 ETH2 keep remain staked for forever-1 days.
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2025, 06:11:19 PM

 Honestly you not the only one, my life is full of Bitcoin worries.


Worries?
You seem to do something wrong.

17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2025, 07:44:32 AM
OT:

Audiophile brothers, i hope you can help me out on this, because i don't really want to register to another forum for asking a single question in 20 years or so.

I am running a quite decent studio stereo soundsystem in my living room, sporting active Mackie monitor speakers and a tight active subwoofer going down to shaking 24Hz (20Hz at -3dB), without getting muddy at all. Problem is, i am cross-listening to audio material from a PC using a decent SSL audio interface with really good DAC's, as well as watching Netflix and x264/x265 stuff from the interwebz through a mid-level HDMI eARC extractor, which goes to the woofer, which splits at 90Hz (sending all higher frequency content to the studio monitors). All i need to do is leveling the monitors to the sub's output volume.
So far so good. The audio comes out balanced and flat from the SSL (PC), all is at level, sounds really nice, but when i switch to the TV/eARC output, Netflix startup sound already feels like an earthquake. The leveling pot on the woofer is really sensitive, if not even exponential, so turning this back and forth on every audio source switch can become a five-to-ten minutes lasting nightmare of hopping between listening position and subwoofer until i'm satisfied, even if i use white noise and my old, tortured ears as a reference.

I see no other solution than to switch the eARC extractor for an eARC DSP,  and on my first search engine visit i was already overwhelmed by choices between $200 and $1000 on the first 10 results. Some of those +$400 thingies seem to do room correction at the first glance, but i'd rather not spend a grand for an overkill package nor get away with a shitty compromise i'd later regret, having another unused crap device lying around at home because it will make my ears want to bleed.

Can anyboy familiar with this matter here recommend a "cheap but not crap" HDMI/eARC DSP that can downmix 5.1 formats into actually good sounding stereo with modern curve-type EQ and possibly basic room correction/auto equalization?

Please PN, to keep this thread a little cleaner, unless it's not the uber-bang-for-the-buck-all-singing-all-dancing-best-sounding device other WO's should know and have.

Thanks,
OOM

EDIT: The sub is sporting two stereo inputs, so the linear signal from the PC will always be fed unprocessed, while only the terribly loud TV sound drowning in bass would have to be processed by the eARC device, maybe with a little mid enhancement. So no multichannel stuff needed.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2025, 03:58:57 PM
Oh really? I thought it was a tribute to Orange Man.

We all know, Orange Man is the real Pope  Wink
#holyasfuck

EDIT: Time for zoning out. Have fun! To the moon! (I think i wrote this last time a couple of years ago)
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2025, 03:57:38 PM


Ah, I get it, pretty neat, albeit this orange is more like the national colors of Netherlands football/soccer team  Grin

Took me a few secs too  Grin

I am exhausted
Bitcoin crossing 100k
Exciting to watch


EDIT: And it did not depend on FED rate cuts. Just saying.

Since the times of Bad Gurl Yellen, I think it's actually the Treasury that's doing the dirty work nowadays. Printing without printing.

Fair point.
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2025, 03:50:22 PM
I am exhausted
Bitcoin crossing 100k
Exciting to watch


EDIT: And it did not depend on FED rate cuts. Just saying.
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