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1161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2021, 04:42:05 PM
I hate it when I click on a link and instead of opening in a new tab, it leaves WO, and then I close the tab to return to WO, and there's no WO.

#addictedtowo
1162  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2021, 04:41:50 AM
Good morning NFT buffs WOers!

fNFTs were cute, but I wasn't so much into it. There's no fun in being given 1000 BTC for free, just like that. And who wants MySQL-settled NFTs anyways? I want dee blockchainz!

I see we are close to Euro-ATH again, currently @ 50,640 € (ATH = 51,000 €). Also, getting very close to $60k again, and need another $2,000 for reaching USD-ATH due to exchange rate fluctuations.

So, business as usual, all is fine, and the path to $100k is slowly but surely being paved. If we reach $65k by mid-April and $70k by end of April I'll be happy(er). April will surely be a fun month, as will the entire 2021. This will likely be the year when the $100k milestone will be reached, and hopefully left far behind. If this happens, it will cause me (as I'm sure may other WOers too) to make some drastic changes to my real life, such as a reconsideration of my employment status and overall life planning. Well, I've almost said this again for $10k when we were at $5k back in 2017, but I didn't do it, so there is a small possibility that, upon reaching $100k, I will then set my life-changing milestone to $200k, then $500k, then $1M. See where this is going? The thing is, though, that Bitcoin is immortal and we're not. So, as we get older, we should start coinsidering (typo, but I won't correct it) actually using (a fraction of) out corn for real-life enjoyment, pleasures and/or debauchery, or whatever rocks each one's boat. I want my stash to be close to 0 BTC when I die.

I love you guys!
This is the best thread ever. I hope I won't get banned!
1163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 07:20:02 PM

As for your equation, just by looking at it I'm guessing that it's an infinite product approximation of something that roughly behaves like sinc(x) = sin(x)/x, and is also shifted by Pi/2 on the x-axis.


it has the property

f(x) f(-x) = \frac{\sin x}{x}

So I wasn't too far off... Interesting property. Does the equation have any practical application, say, in digital filtering, sampling or similar? Or was it constructed just for the lulz?
1164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 03:28:23 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?

... it's ok to critique on style when your intellect doesnt allow for critiquing on content

... but I'm quite happy with bracket asymmetry thanx, taking creative licence on this point

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

Why not take care of both style and content?

As for your equation, just by looking at it I'm guessing that it's an infinite product approximation of something that roughly behaves like sinc(x) = sin(x)/x, and is also shifted by Pi/2 on the x-axis.

Am I close? Can you enlighten us? Or is it top-secret?  Grin

Edit: Fixed typo.
1165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 03:12:06 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.
1166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 02:08:44 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.
1167  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 04:22:06 AM
Good morning WOers!

Out of all the days of the year (in which I've been working from home almost exclusively), it just so happens that I must physically go to work TODAY! Damn.

Corn is doing fine I see. So, off I go, and I'll catch you guys ('n' gal) again online in about 8 hours. <--- Corn @ $60k+ by then!
1168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 01:16:41 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.

Interstellar (2014) too. One of the best movies I've ever watched. I'm a fan of Nolan's work, so I'm biased, but there's no argument that his work is unique and truly departs from the traditional, predictable, stereotypical style of movie making. Certainly not for everyone's taste.

A second viewing is almost essential (to me at least) for many of his movies, in order to fully appreciate the finer details, and make all the connections between the characters, events, objects, and timeline.



I see we're back where we were yesterday. Where's the volatility? Is Bitcoin turning into a stablecoin?
1169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 11:23:28 AM

Here's the direct link to the full article:

People's Expensive NFTs Keep Vanishing. This Is Why

What a mess... Not the way I imagined NFTs to function—I'm a total NFT newbie, so I can't really have an informed opinion, but based on the very few things I've read so far, it doesn't look so good...

Here's another relevant article:

People Are Stealing Art and Turning It Into NFTs

I don't think this NFT craze (as currently implemented) will end well...
1170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 06:53:39 AM
It feels so good to wake up and witness a series of new € ATH's (the last was 50876 Bitstamp price)! Hopefully soon we lift-off from the $ ATH as well.

Yeah, a great start of the day. USD-ATH will need another +$2,000 due to EUR/USD exchange rates, which have changed since the last ATH, as explained here.

Looking forward to it.

BTW, what's the reason for the pump this time? PayPal?
1171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 06:32:38 AM
Bitcoin Euro-ATH!

50,861 € 50,900 € (Kraken)
1172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 06:22:30 AM

An excellent article, that captures my thinking 100%. Many thanks for this!
1173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 10:31:36 PM
Is it ("Tenet") available on some streamer? Thanks.

I don't know, sorry. I downloaded it via Torrent (1080p, 5.1 surround sound) and played it via Plex on my Home Cinema. For those planning to watch it, do it on a good system (large screen, good sound, lights out). You may also like to enable subtitles, as things happen fast.
1174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 10:18:03 PM
Yet another off-topic movie recommendation:

Tenet (2020) [Action, Sci-Fi, Thriller]

Be prepared for a unique, mind-bending, powerfully entertaining experience. Must be watched a second time to fully appreciate the finer details and non-linearity of the plot.

A good watch, esp. for Christopher Nolan fans!



My phone kept bleeping throughout the movie, because of Bitcoin's multiple 50k € crossings. I was expecting the price to be just a little higher than it is now, perhaps a Euro-ATH, but hey, who am I to know?

Let's not be too greedy now. $60k by the coming weekend, $65k next week. Then an ETF will be approved, or some other big player will get in Tesla-style, and bang! $80k and we'll be posting "Come on, Bitcoin, do something!" memes.

Life's great. Thank you, Bitcoin.
1175  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 02:12:07 PM
ATH prices (13 March 2021):

EUR-ATH: 1 BTC = 50,744.00 € (Kraken)
USD-ATH: 1 BTC = $61,781.83 (Bitstamp) — Kraken's value was similar.

EUR/USD exchange rate: 1.218


Current prices (near-ATH, 30 March 2021)*:

1 BTC = 50,272 € (Kraken)
1 BTC = $58,964 (Bitstamp) — Kraken's value is similar.

EUR/USD exchange rate: 1.173

* At the time of composing this post.


The above EUR/USD exchange rate difference (1.173 – 1.218 = –0.045) translates to a difference of around –$2,260 at current prices, and this explains why Bitcoin EUR-ATH will come much sooner than USD-ATH, unless the exchange rate changes again.

Edit: The above result also demonstrates the pointlessness of comparing Bitcoin with fiat currencies, and the importance of the equation 1 BTC = 1 BTC.
1176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 11:58:59 AM
Anyone wish to comment on this?:
I usually like Styxenhammer but it seems to me he has no fundamental understanding of the details of the SEC vs LBRY case.

https://www.youtube.com/watch?v=AoFAgfZY7Ek
https://www.sec.gov/litigation/complaints/2021/comp25060.pdf

My limited understanding:
The case reads to me that LBRY sold tokens before their network was even available and other dodgy dealings with regards to IOUs to certain investors.

LBRY in light of this case seem to be trying to create FUD on Twitter by suggesting if they lose their case, crypto is doomed. Styxenhammer seemed to have been baited because he uses the Odyssey video platform backed by LBRY.


In actual fact it seems to me that in this case the SEC is helping crypto to succeed by rooting out criminal or at least dodgy activity.

 Huh

Quick comment:

In the first minute of the video: "...but there's also a tweet by Jeremy Kauffman, who runs LBRY."

That's what bothers me with these projects. They're structured like companies. CEOs, CFOs, CTOs, "The Team", etc. I'm very wary when I see a leader or leaders running crypto-related projects. I think part of Bitcoin's success is the fact that there isn't a specific person or team that runs it. Satoshi Nakamoto invented it, and there's a group of very talented developers that maintain and update the code, all under a consensus scheme. There is no central authority. When you add leadership and company-centric structure to the mix, I fear that things can get ugly.

Just my .02 BTC
1177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 10:28:01 AM


chopper was busy with bear beer tasks. will be back soon

FTFY. Beer for the party, you know...


I woulder if SVG works here...



edit: works!

Good to know, thanks. I like the SVG format. Infinite resolution.
1178  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 10:17:53 AM
Less than 500 € for Euro-ATH (Kraken).

My phone bleeped today, and I liked the sound it made.  Wink

Edit: Strange thing is, ATH for € is coming much sooner than ATH for $. Why? Maybe €/$ exchange rate differences between ATHs?
1179  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 09:48:11 AM
Right now Bitcoin just feels like a rocket that's fully fueled and is waiting for a spark. I feel a breakout is imminent.

As I said earlier, I'm no expert on Bitcoin ETFs, and I do have my reservations (purely based on my intuition), but if only one Bitcoin ETF is approved by the SEC, I can see Bitcoin reaching $70-80k in a matter of days.

April will be a fun month.
1180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2021, 07:28:33 AM
I had wondered what might happen to my passphrase-protected ("13th Word") Trezor wallet were their servers ever to go down.  Turns out that Wasabi Wallet can back up Trezor wallets even when they use the "13th Word" (passphrase), which I did not know until kindly explained to me over there in the Wallets threads.

You have to jump through some hoops (install Trezor Suite which allows bech32 addresses (bc1q.....) so Wasabi & Trezor can exchange info), but it all works.  I set-up a dummy account, and it works.

Nice tool for backing up a Trezor if/when it comes to that.  Recommended!

Noting is stored on any server. The keys are derived algorithmically (deterministically), even when the 13th (or 25th) passphrase is used. Everything happens locally, according to BIP39. The only "storage" is in your brain, or wherever you have decided to back it up (paper, etc.). So, there's nothing to worry about. The only thing you want to backup is the set of 12 (or 24) seed words, and the passphrase. Nothing else, and never online.

Nothing is stored inside anyone's server, Trezor's or otherwise. The only time the seed words/passphrase are exposed is when they are generated/chosen for the first time when you set up your Trezor. Your Trezor is directly equivalent to a paper wallet, and your wallet can be fully restored when you have the 12 (or 24) seed words, and the passphrase, even if Trezor's (or any other company's) servers completely disappear from the face of the Earth. The only other thing you need is the BIP39 specification, which is freely available and can never be lost.

It's a bit difficult to grasp at first, but once you understand it, it all becomes crystal-clear.
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