Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[HairyMaclairy]

It’s a one in 20 year hailstorm on panels with an ROI of 3 years and an effective life of 10 years. 

why was it so costly? how much did cost to mine the silicon, aluminium, copper, lithium, plastic, manufactured, installed, wiped clean every month? (they're major pain in the ass to maintain ... if it's too costly that it needs taxpayer subsidies, it's very likely a losing proposition.

I have them on my roof.  No I don’t wipe them. We have too much sunshine as it is.

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[infofront]

No apology necessary or wanted...except from corrupt politicians and corporate shills.

Its like this government shut down the USA is having right now...everyone involved needs to be fired..period. Its like a kindergarten class or worse perhaps..."I am not going to talk to you anymore because you are saying something I dont like".

These are the "supposed" leaders of the free world...smh.

The biggest problem I see with the partial government shutdown is that it won't be permanent. The other problem is that it's too small in scope.

You could always just move somewhere without a functional government. Parts of Somalia and Afghanistan would
be obvious choices.  Or maybe the Papua New Guinea jungle? The outer islands of the Solomons are pretty lawless.  And you could go today.   It’s not like they have a government to stop you.

Edit:  a handy list is here

https://en.m.wikipedia.org/wiki/List_of_countries_by_Fragile_States_Index

Perhaps you European fellows are ill-informed about the partial government shutdowns in the US. They're basically just a small army of bureaucrats getting an extra paid vacation. Every government function that matters is unaffected.

[marcus_of_augustus]

It’s a one in 20 year hailstorm on panels with an ROI of 3 years and an effective life of 10 years. 

why was it so costly? how much did cost to mine the silicon, aluminium, copper, lithium, plastic, manufactured, installed, wiped clean every month? (they're major pain in the ass to maintain ... if it's too costly that it needs taxpayer subsidies, it's very likely a losing proposition.

I have them on my roof.  No I don’t wipe them. We have too much sunshine as it is.

... run out of toilet paper? So good for you if it works for you, just stop ramming shitty 'green' technology down everyone else's throat and you might get more acceptance ... if it actually works, then go make a buck out of it if it is so wonderful.

[Wekkel]

Macleod is always a good read: https://www.zerohedge.com/news/2018-12-28/arrival-credit-crisis

The question is: how will Bitcoin fare under increased inflation. I know the answer.

[julian071]

It’s a one in 20 year hailstorm on panels with an ROI of 3 years and an effective life of 10 years.  

why was it so costly? how much did cost to mine the silicon, aluminium, copper, lithium, plastic, manufactured, installed, wiped clean every month? (they're major pain in the ass to maintain) ... if it's too costly that it needs taxpayer subsidies, it's very likely a bullshit losing proposition, that some grifters are scamming and ripping off taxpayers with ... usually.

Weird to find someone not liking the idea of producing their own energy on a btc forum. You're missing out man. It's great. No cleaning needed. Don't listen to the big oil shills man.

PS my panels have a 25 year guarantee on efficiency, a lot more then numbers mentioned above.

[becoin]

The biggest problem I see with the partial government shutdown is that it won't be permanent.

Government shutdown we'll have if government stops taxing us and collecting our money, not when they stop spending it.

[Toxic2040]

The biggest problem I see with the partial government shutdown is that it won't be permanent. The other problem is that it's too small in scope.

Well...there is that. I however think with population densities what they are, some form of government is necessary. Democratic electoral voting seems to be fairest but has certain inefficiencies that can be hard to swallow at times.

Just look at this graph of the US budget surplus/deficit ratio. Its been 2 generations since there was a surplus and even that is questionable as some say monies were borrowed against the SS trust fund or something along those lines.

I am just sick and tired of being ripped off and lied too...pretty simple really. Is it to much to ask that "they" not do this anymore?



https://www.davemanuel.com/history-of-deficits-and-surpluses-in-the-united-states.php

Lots of statistics here..interesting if your into that sort.

[HairyMaclairy]

On that point, my next car will probably be electric so it can run off the roof cells.  I just cbf buying a new car right now when the old one has nothing wrong with it.

[Toxic2040]

... ever seen what happens ...
-snipped-

Sorry..ain't buying it. I think you know something is happening and is continuing to happen this century. The data is sound and has been reviewed many times.

While I agree with you that the Earth will continue its orbit regardless of what humanity does I think it naive to doubt what hard science has proven. Co2 levels are rising at a extraordinary rate. Pumping billions of barrels of hydrocarbons from beneath the ground and then burning it just does not sound like a good idea any more. Are innovation and change difficult? Yes..  Is it expensive to be a first mover in a nascent market?  Yes..extremely so.. 
Things change and we grow wiser.

[nikauforest]

Sea levels at the end of the last ice age. ( about 11,000 years ago )

During the last ice age (above) sea level was at least 394 feet (120 m) lower than it is today (below), exposing much more area on the continents.

[nikauforest]

What I find amazing, is the sea levels rose so much before fossil fuels came into the picture. < (sarcasm!)

[Hueristic]

I don't think the author is fudding.  I don't know how many qbits it would take to make an attack on early addresses feasible, but those qbits are certainly coming eventually.

I did the math once.  If we pointed all of the world's computing resources at hashing, it would take us until the heat death of the universe many times over before we cracked a single early address. 

Current QC is a joke. 

Eventually is a really long time away.

Even if proper QC was invented tomorrow, we could just hard fork to a QC hash algo.

You can be sure the NSA will have advanced QCs years before anyone else. They could have all addresses cracked before anyone even knows they're capable of doing so.

now that is my brand of tinfoil

Quantum computing is almost as much as a buzz word as blockchain. Many like to throw the term around yet do not fully grasp the concepts that are involved.

If you have a basic grasp of physics you can skip down to the article cited below..if not this video might help at least get you familiar with the basics. It presents 5 different levels of a persons understanding of what a quantum computer is and isn't. This is a sort of fluff piece by Wired and it came out several months ago I believe but is still relevant. The growth in this field over those few months is astounding and the constant innovation is eerily similar to what classical computing experienced at first. I am not sure if Moore's law will be applicable but it is growing extremely fast and I would expect within 10 years there will be a functioning usable machine capable of factoring large primes.

https://www.youtube.com/watch?v=OWJCfOvochA


One of the current key problem's is fault tolerance. Another is keeping coherence at a steady state. These problems are getting solved and more reliable and robust systems are being built. Which leads us to the cutting edge..

Abstract

Topological insulators are materials that have a gapped bulk energy spectrum but contain protected in-gap states appearing at their surface. These states exhibit remarkable properties such as unidirectional propagation and robustness to noise that offer an opportunity to improve the performance and scalability of quantum technologies. For quantum applications, it is essential that the topological states are indistinguishable. We report high-visibility quantum interference of single-photon topological states in an integrated photonic circuit. Two topological boundary states, initially at opposite edges of a coupled waveguide array, are brought into proximity, where they interfere and undergo a beamsplitter operation. We observe Hong-Ou-Mandel interference with 93.1 ± 2.8% visibility, a hallmark nonclassical effect that is at the heart of linear optics–based quantum computation. Our work shows that it is feasible to generate and control highly indistinguishable single-photon topological states, opening pathways to enhanced photonic quantum technology with topological properties, and to study quantum effects in topological materials.

Topological photonics has the advantage of not requiring strong magnetic fields and features intrinsically high-coherence, room temperature operation and easy manipulation.

http://advances.sciencemag.org/content/4/9/eaat3187

"A lot of researchers are talking about quantum information processing with photons, and even using frequency," said Lukens. "But no one had thought about sending multiple photons through the same fiber-optic strand, in the same space, and operating on them differently."

https://phys.org/news/2018-12-block-quantum.html

 

The assembly language's are being crafted right now..it is waiting for quantum softwares and algorithms to be written for it's use. 

Excellent post, caught me up quick.

[HairyMaclairy]

What I find amazing, is the sea levels rose so much before fossil fuels came into the picture. < (sarcasm!)

Nikau - you are a Bcash shill.   We already know you aren’t too bright. 

[HeSoCo]

Canadians knows how to make cozy places, even the Bitcoin bureau de change. I would visit this one in Montreal with Tim Horton's cup of hot chocolate.
 

[realr0ach]

If there is a God or not thats a whole other topic ( if there is he would probably be the one who plant the BTC seed as well)

Your gnostic, false god (((Satoshi Nakamoto))) stands no chance vs physical silver chad r0ach.

[nikauforest]

What I find amazing, is the sea levels rose so much before fossil fuels came into the picture. < (sarcasm!)

Nikau - you are a Bcash shill.   We already know you aren’t too bright. 

No definetely not a BCash schill. My sister worked for a professor at MIT studying climate change in the 1970's . The prevailing prediction was a warmer trend before another mini ice age. AKA Maunder minimum.

[nikauforest]

What I find amazing, is the sea levels rose so much before fossil fuels came into the picture. < (sarcasm!)

Nikau - you are a Bcash shill.   We already know you aren’t too bright. 

No, definetely not a BCash schill. My sister worked for a professor at MIT studying climate change in the 1970's . The prevailing prediction was a warmer trend before another mini ice age. AKA Maunder minimum.

[realr0ach]

it's the upside (silver) that's interesting. gosh will it do a 5x, a 10 x, maybe even go to 100 dollars/oz
that would be amazing, 20 fucking x
but it is the ceiling
now compare with bitcoin

I already told you the other day debt levels are 25x higher (or more) since back in the old days, pre-hunt brothers pump when the price of silver was around $5.  Since the money supply is debt and debt is used as collateral where one man's liability is another man's asset, there would be nothing out of the ordinary for the price to be $5 x 25 = $125 right now without even having any type of economic catastrophe.  Unless you want to use the high of the hunt brother's accumulation and multiply by 25 giving you something like $1000 an ounce.

Then factor in there's 1/4th as much above ground physical silver now as back then, while there's twice as much gold, so you can probably raise the lowball estimate of where it should be from $125 to much higher.  So several hundred dollars per ounce without the banks even blowing up is not abnormal.  Then if the banking system does blow up, or the banks are forced to go back to metals to recapitalize the system from debt bubble implosion, then you're probably looking at the greatest transfer of wealth of all time, rivaling or dwarfing craptocurrency pumps.

the world divided into 21 million coins

Craptocurrency has no Schelling point because anyone can make a new digital shitcoin in their basement, but you can't create a new noble metal in your basement.  The shitcoin market is guaranteed to have mass fragmentation and there's no way possible to scam the world all into the same blockchain and force them to buy your imaginary, valueless tokens.  Different countries and mega-corporations will all be pushing their own iterations, but those same entities will be unable to create a new silver or gold.  

[Lambie Slayer]

If there is a God or not thats a whole other topic ( if there is he would probably be the one who plant the BTC seed as well)

Your gnostic, false god (((Satoshi Nakamoto))) stands no chance vs physical silver chad r0ach.

Virgin Roach is your name, chad roach is a delusion brought on by your mental illness. Sitting in a basement all day with no human contact is not very Chad. Also not very Chad to sell Bitcoin in 2015, miss out on over 10x returns based on present day value even after a huge bear market, and invest in Silver, a primitive metal which has done nothing but lose you money for over 3 years. Also its not Chad to eat Gembitz's ass at the 100k party before she takes your virginity.

This is your roomate in 10 years at the asylum Virgin Roach.   He "stacks" bagholds primitive Silver too. https://www.youtube.com/watch?v=i4b-_bNsajY

[realr0ach]

What a surprise, another autistic screeching "Lambie Slayer" post flipping out in rage for exposing all the shitcoiner lies about decentralization and everything else.  Metals will win, shitcoins will lose.  None of your autistic screeching will change that.  You have zero fundamentals and metals have them all, and fundamentals always win in the end.  Kike shills are always easy to spot because they're anti-metals, pro-imaginary, centralized, digital tokens for their next fiat 2.0 scam.