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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 1 (1.6%)
$10,501-$11,000 - 13 (21%)
$11,001-$11,500 - 19 (30.6%)
$11,501-$12,000 - 8 (12.9%)
$12,001-$12,500 - 7 (11.3%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (8.1%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22393948 times)
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Elwar
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April 15, 2018, 10:02:22 PM
Merited by yefi (1)

Thus I predict that you will be the one looking back to this day, years from now, no longer recognizing the world that you live in.

You're right I won't. Because if the Tech industry has its way, all human workers will be replaced by AI and androids. And we'll all be broke and homeless, can't afford healthcare, and trying to work the measly 'gig economy' jobs that are left.

Do I sound pessimistic?  Cheesy

Warren Buffet (I think) said that robots, should be taxed at a level of the replacement of human workers..otherwise people will be paying services and any productive gains

to society (taxes/etc) will not keep up.....something like that....may have a point...I can't see a lot of 25 to 65 blue collar workers ALL sitting around 'passively' as their

'legitimate' high paying skilled jobs get outsourced to 'robots'....there will be 'social consequences' big time...if it is not addressed correctly (what correctly is, I've no clue)

True, there was a movement of textile workers back in the 1800s when weaving machinery was being used to replace the workers. They protested and ended up smashing some of the machinery to stop the take over and save their jobs. The Luddites, as they were known, ended up winning and their jobs were saved. That is why all textiles to this day are made by hand. With millions of people employed as textile workers.

Same thing happened with Gutenberg's printing press. The scribes of the day protested and their managers backed down saving all of their jobs. Thanks to them we all read hand written books and if you are skilled as a scribe it is very easy to find a job.
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April 15, 2018, 10:11:49 PM


The Mayor having a quick snack before zipping off to the next blockchain conference.

I'm the odd looking skateboard. And that's you, riding me again.
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April 15, 2018, 10:19:20 PM

This reminds me of a paper I read about how the elite will use blockchain to hobble us. Let me find it...

Here: VISIONS OF A TECHNO-LEVIATHAN
https://www.rosalux.de/fileadmin/rls_uploads/pdfs/Policy_Paper/PolicyPaper_02-2015_web.pdf
Brett Scott is the author of The Heretic’s Guide to Global Finance: Hacking the Future of Money

Here's me skipping to the end:

"This is the vision of the internet techno-leviathan, a deified crypto-sovereign whose rules we can contract to. These rules are a series of algorithms: they represent step-by-step procedures for calculations that can only be overridden with great difficulty. Perhaps, at the outset, this represents, à la Rousseau, the general will of those who take part in the contractual network, but the key point is that if you become locked into a contract on that system, there is no breaking out of it.

"This, of course, appeals to those who believe that powerful institutions operate primarily by breaching property rights and contracts. Who really believes that though? For much of modern history, the key issue with powerful institutions has not been their willingness to break contracts. It has been their willingness to use seemingly unbreakable contracts to exert power. Contracts, in essence, resemble algorithms, coded expressions of what outcomes should happen under different circumstances. On average, they are written by technocrats and, on average, they reflect the interests of elite classes.

"That is why liberation movements have always sought to break contracts set in place by old regimes, whether they are peasant movements refusing to honour debt contracts, property owners, the DRC challenging legacy mining concessions held by multinational companies, or SMEs contesting the terms of swap contracts written by lawyers for Barclays. Political liberation is as much about contesting contracts as it is about enforcing them.


"The concept of the decentralised blockchain is powerful. The cold, distrustful edge of cypherpunk, though, is only empowering when it is firmly in the service of creative warm-blooded human communities situated in the physical world of dirt and grime."

BTCMILLIONAIRE
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April 15, 2018, 10:26:15 PM

At least IBM seems fairly confident in quantum computing hitting the mainstream industry within 5ish years. So we're not too far off from actually interesting new tech developments.

Still excited, but impatient as hell. Need a fast forward button for life (one that doesn't drain your life span).

I don't mean to offend (although this likely will), but I see you've drank the Koolaid. You will be disappointed. IBM is the #1 Repeat Offender.

One days years from now, you'll look back and see the continuous Tech cycle pattern for what it actually is: all hype and bullshit designed and marketed to get people to spend money, and to create tech jobs and departments out of thin air, always building future solutions looking for a problem that doesn't exist. Hardly any of it really improves human life to any real degree.
I don't think a person that could successfully offend me exists, so no worries about that.

But alas, while there's a lot of empty hype on the tech (and every other) front it's patently false to classify it as just hype and bullshit. We literally went from being fucking monkeys in pretty houses to having everything that we have today in just about one generation. If you showed even 0,01% of what we have today to people from 100 years ago they'd burn you at the stake for witchcraft, and people from roughly one generation ago would put you in an asylum for making any such claims.

And progress does without a doubt accelerate as everything new can be combined with everything old to create new things, of which some will be further new things that can be mixed and matched with other innovations.

Hence, a snowballing process is not just simply observable, but objectively undeniable.

Thus I predict that you will be the one looking back to this day, years from now, no longer recognizing the world that you live in.

The thing about exponential growth, be it crypto, population, tech, whatever -- never forget what the backside looks like.  Nothing goes up forever, the only question is: How High?  then comes the crash.  
Things stop growing once something else replaces them and continues the exponential growth. Horse carriages got displaced by cars, trains and planes. Symbolic language on slabs of stone by primitive forms of written word on paper by digital data. Theatres by TV by internet.

If you really look at the full picture you'll find that the exponential trends never stop, they just relocate.
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April 15, 2018, 10:39:59 PM

24777 ..........

16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK !!!
El duderino_
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April 15, 2018, 10:42:43 PM

QUICK list 12288 is finisht GOOD LUCK   WO's

16/04/2018 serveria.com
27/04/2018 BinaryReign
28/04/2018 Toxic2040
29/04/2018 BobLawblaw
30/04/2018 RayX12
05/05/2018 kaicrypzen
07/05/2018 InvoKing
08/05/2018 ChinkyEyes
13/05/2018 mfort312
15/05/2018 Paashaas
16/05/2018 player99
17/05/2018 bikerleszno
19/05/2018 Bitcoinaire
20/05/2018 willope
21/05/2018 rafanadal
22/05/2018 strawbs
24/05/2018 yonton
25/05/2018 JimboToronto
26/05/2018 Colonel Panic
29/05/2018 ivomm
30/05/2018 Lontonbit
31/05/2018 BTCMILLIONAIRE
01/06/2018 RoomBot
02/06/2018 rjclarke2000
03/06/2018 oblox
04/06/2018 wachtwoord
05/06/2018 Wekkel
08/06/2018 hisslyness
09/06/2018 LodisMcguire
11/06/2018 Raja_MBZ
12/06/2018 bitcoinPsycho
13/06/2018 erre
14/06/2018 vroom
15/06/2018 d_eddie
16/06/2018 coralreefer
18/06/2018 Robin,Hood
20/06/2018 rolling
22/06/2018 Biodom
23/06/2018 Dunkelheit667
25/06/2018 bones261
26/06/2018 Arriemoller
28/06/2018 klaaas
30/06/2018 DarkStar_
01/07/2018 o_e_l_e_o
02/07/2018 jojo69
03/07/2018 Karatma1
04/07/2018 Elwar
13/07/2018 sirazimuth
14/07/2018 Ludwig Von
21/07/2018 Lauda
22/07/2018 LFC_Bitcoin
26/07/2018 Icygreen
02/08/2018 fragout
03/08/2018 supremnoob
06/08/2018 cAPSLOCK
08/08/2018 infofront
10/08/2018 HairyMaclairy
15/08/2018 Phil_S
16/08/2018 Rosewater Foundation
17/08/2018 B1tUnl0ck3r
19/08/2018 Imbatman
21/08/2018 BitcoinBunny
27/08/2018 soullyG
28/08/2018 RealMachasm
29/08/2018 STT
04/09/2018 flynn
08/09/2018 xhomerx10
09/09/2018 vapourminer
11/09/2018 Dakustaking76
20/09/2018 Digigami
22/09/2018 Agapios
26/09/2018 itod
30/09/2018 DeathAngel
12/10/2018 IntroVert
15/10/2018 explorer
18/10/2018 Searing
26/10/2018 kurious
09/11/2018 fabiorem
15/11/2018 bitserve
20/11/2018 Globb0
22/11/2018 Last of the V8s
01/12/2018 Alexander_Z
07/03/2019 CoinCube
15/04/2019 Spaceman_Spiff_Original
20/06/2019 bitebits
13/12/2019 nikauforest
10/04/2020 yefi
05/09/2020 samson   
23/06/2021 fortune143             

 

secretly hoping it are not the +2018 dates                 (serveria.com still got few days for crazyness its the closest date to the chosen one.... and if right in the middle of 2dates each get the  .15 )
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April 15, 2018, 10:43:47 PM
Last edit: April 16, 2018, 12:11:07 AM by Torque
Merited by Karartma1 (1)

The answer is to skill up in skills needed by the automation software industry.  If you cant beat them, join them.  

But what happens when AI starts writing the software on their own, and better than a human could?

I’m not really talking about coding. Coding is only 5% of the available work. You need people to find use cases and deploy the software (which takes a long time). You need sales. You need support. You need people who can navigate the SEC rules on ICOs.  You need Infosec. You need all the infrastructure that goes around an ordinary company whether it is making widgets or building AI.  Devs are only one small piece (important for sure but a great business can survive with shitty tech but a shitty business with great tech won’t).

Software is eating the world but only one bite at a time and it takes awhile to digest.

You know what else you need? You need real world problems to solve, real world use cases, and real ROI on those use cases to make all of it worthwhile.

Notice how the Blockchain industry has already conveniently skipped over that ROI part and gone straight forward with the hype and marketing bullshit? Seen any real believable ROI analysis on that yet? Of course you haven't. I haven't either. That's all by design. There's money to be made by marketing and selling bleeding-edge futuristic hype solutions looking for problems that don't really exist.

They (IBM et al) did the same thing with "Business Analytics". Every company that bought into it has pretty much lost money on BA pilots and implementations.

Same with AI deployments. IBM Watson has been the biggest money loser for corporations that have drunk the IBM koolaid and spent millions on their software and their 'consultancy' experts.

The only winners are the consultancy bodies like IBM that market and sell the snake oil dream to ill-informed and unsuspecting corporations with deep pockets.
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April 15, 2018, 10:46:47 PM

I'm the odd looking skateboard. And that's you, riding me again.
gah. A misfired joke. Was meant to be complimentary, but was wrong.
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April 15, 2018, 11:04:12 PM

I'm the odd looking skateboard. And that's you, riding me again.
gah. A misfired joke. Was meant to be complimentary, but was wrong.

I'm forever tempted to go to one of these things. I have an urge to somehow 'be involved'. I come here to set myself straight. I use you people as a sounding board. You'd be right to be bugged by it
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April 15, 2018, 11:06:13 PM
Merited by suchmoon (1)

The answer is to skill up in skills needed by the automation software industry.  If you cant beat them, join them.  

But what happens when AI starts writing the software on their own, and better than a human could?

I’m not really talking about coding. Coding is only 5% of the available work. You need people to find use cases and deploy the software (which takes a long time). You need sales. You need support. You need people who can navigate the SEC rules on ICOs.  You need Infosec. You need all the infrastructure that goes around an ordinary company whether it is making widgets or building AI.  Devs are only one small piece (important for sure but a great business can survive with shitty tech but a shitty business with great tech won’t).

Software is eating the world but only one bite at a time and it takes awhile to digest.

You know what else you need? You need real world problems to solve, real world use cases, and real ROI on those use cases to make all of it worthwhile.

Notice how the Blockchain industry has already conveniently skipped over that ROI part and gone straight forward with the hype and marketing bullshit? Seen any real believable ROI analysis on that yet? Of course you haven't. I haven't either. That's all by design. There's money to be made marketing futuristic hype solutions looking for a problem that doesn't really exist.

They did the same thing with "Business Analytics". Every company has pretty much lost money on BA pilots and implementations.

Same with AI deployments. IBM Watson has been the biggest money loser for corporations that have drunk the IBM koolaid and spent millions on their software and their 'consultancy' experts.

The only winners are the consultancy bodies like IBM that market and sell the snake oil dream to ill-informed and unsuspecting corporations with deep pockets.

I largely agree.   IBM Watson is a bad joke.  Most AI isn’t useable or is shit.  

The use cases we have solved so far are extremely narrow.  

But the irony is that people are getting laid off even the software that is supposed to replace them doesn’t yet work.  The CFOs can’t ignore the pump to the bottom line.  

So there is a real jobs impact even if the automation software isn’t as good as the people it is replacing.  And eventually if you throw enough resources at it, the software becomes good enough to get by.   

A good rule of thumb is if someone calls their software “AI” or a “bot”, it’s almost certainly crap.
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April 15, 2018, 11:13:46 PM

AXA had a pilot project that tried using blockchain to automate claims payments. It found they saved on manpower, but the code paid too many claims. Tongue
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April 15, 2018, 11:28:00 PM

I'm not sure if I've posted this on WO or not either, but I'm all for just simply merging with AI as this will make the AI threat irrelevant by "upgrading" humans. Given the alternative I would be surprised if this did not happen. There'll be some religious and moral/ethics folks that will oppose to this, but they can just remain as normal humans in their own societies for all I care.

Those societies will end up looking like ant colonies to the posthumans, so you sure as hell want to be on the side of the machines.
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April 15, 2018, 11:30:29 PM
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April 15, 2018, 11:32:47 PM

Gold Grin
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April 16, 2018, 12:02:07 AM

https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig 🎶 🚀 While in North Carolina last week with best friends, we sat around a bonfire 🔥 picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button
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April 16, 2018, 12:09:41 AM

I will leave this one here:



Cheesy Cheesy Cheesy

YOU ARE WRONG!!! SIT DOWN!!! TAKE A SEAT!!! GOOD DAY SIR!!!

Cheesy Cheesy Cheesy


Very funny indeed... Smiley


But I see something of the likes that it will blow in May even if it will have some kind of mini-correction at the end of April.
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April 16, 2018, 12:33:05 AM

I'm not sure if I've posted this on WO or not either, but I'm all for just simply merging with AI as this will make the AI threat irrelevant by "upgrading" humans. Given the alternative I would be surprised if this did not happen. There'll be some religious and moral/ethics folks that will oppose to this, but they can just remain as normal humans in their own societies for all I care.

Those societies will end up looking like ant colonies to the posthumans, so you sure as hell want to be on the side of the machines.
I really can't wait to see what reality will seem like when humans are "just" ants. Wonder if we'll really become machines though, with Crispr-CAS-9 being a thing I'd imagine more of a hybrid.

Also, with communication and information processing speeds decreasing drastically, will post-humans even be distinguishable individuals in the far future? Or will the collective become an actual sentient being (e.g. lots of post-humans combining into an individual brain)?
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April 16, 2018, 12:34:28 AM

"slow database"  holy shit, that is below the waterline
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April 16, 2018, 12:38:18 AM

https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig 🎶 🚀 While in North Carolina last week with best friends, we sat around a bonfire 🔥 picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button
Nice trash BCash reference
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April 16, 2018, 12:51:12 AM

https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig 🎶 🚀 While in North Carolina last week with best friends, we sat around a bonfire 🔥 picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button

 Same song; dong-dong something about mangina?!  What?  I think she's drunk.
..but yeah CCMF!!
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