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April 23, 2021, 06:18:33 AM *
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Question: How long until 70K (credit: Heslo)
1 week - 20 (18.3%)
1 month - 68 (62.4%)
1 year - 2 (1.8%)
the top is in - math and science confirms it - 19 (17.4%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25265983 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
BTCaesar
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March 04, 2021, 09:43:33 PM

Some entertainment:   Grin Grin

https://youtu.be/imj0Ko1tfMQ
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March 04, 2021, 10:07:25 PM

Some entertainment:   Grin Grin

https://youtu.be/imj0Ko1tfMQ

Waiiit.... do you want to say that Proudhon is just a bitcointalk parody of Peter Schiff?!
Wekkel
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March 04, 2021, 10:45:07 PM

[...]
Will Bitcoin crash with the market or will Bitcoin be seen as a hedge. [...]

I think it's still a risk asset so it will tank together with financials. But it will shoot back up again and surprisingly fast. Just because the FED raises interest rates does not mean there will be no (long term) inflation anymore. I would consider this one of the ultimate buy the dip moments that Bitcoin has 1 to 3 times a year.
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March 04, 2021, 10:47:28 PM

[...]
Will Bitcoin crash with the market or will Bitcoin be seen as a hedge. [...]

I think it's still a risk asset so it will tank together with financials. But it will shoot back up again and surprisingly fast. Just because the FED raises interest rates does not mean there will be no (long term) inflation anymore. I would consider this one of the ultimate buy the dip moments that Bitcoin has 1 to 3 times a year.

Yeah, I noticed that even with gold back when I followed it. It would initially crash with the stock market during a big event but long term in a bad market it would rise.
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March 04, 2021, 10:53:16 PM
Merited by 600watt (1)

i love this space talk in WO. before i was born men went to the moon. and everyone expected us to be in space by the year 2000.


fuck, that is two decades ago. i am over 50 now and the most interesting things that happened during my life time regarding the space frontier is elon musk sending a tesla towards mars and a team of female scientists from india successfully sending a probe to mars with a smaller budget than the movie the martian. (well ok, there were the voyager probes and the hubble telescope, too)


in general i feel a bit betrayed regarding human endeavors in space. whatever happened to the future?
One possibility is that the Great Filter is ahead of us instead of behind us, the Great Filter is an answer to the Fermi Paradox which roughly states that if life is as common as some estimates indicate then where is the evidence? The Great Filter basically states there is a very difficult step, a filter, between the emergence of life and space colonization.

If the step is behind us then space colonization is a given and we will begin as soon as our technology allows it, but if it is ahead of us then this means that either space colonization is way harder than we thought or there is an unknown step that we still need to overcome, like avoiding self-destructing ourselves with our technological advances.

https://en.wikipedia.org/wiki/Great_Filter
https://en.wikipedia.org/wiki/Fermi_paradox
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March 04, 2021, 11:36:36 PM

https://deloitte.wsj.com/cfo/2021/03/02/does-bitcoin-belong-on-your-balance-sheet/

Quote
Does Bitcoin Belong on Your Balance Sheet?

As more companies consider investing in digital assets, CFOs have much to consider about the nature of these instruments, the risks, and the benefits involved.
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March 04, 2021, 11:43:39 PM
Merited by Hueristic (1)


Can't you just point it there, fire a thruster, and let it go it's course? (I mean, calculate where it should end up, but yeah, basically go towards the sun.)

Nope. I think Larry Niven covered this too, prolific guy. You either speed it up, which takes it to a higher orbit or slow it down which takes it to a lower orbit. To take it to an orbit low enough to burn up in the sun, you need to slow it down the whole amount that the earth is orbiting the sun (about 67000 mph). There's a little bit of fudge in this due to eliptical orbits and drag from the sun's atmosphere but that's the basic principle. Essentially anything you fire into the sun is going to get there on a spiral path.
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March 05, 2021, 12:00:20 AM

Just produce stuff off-planet and send it in. Launch trash towards the sun.

Ironically, it takes a lot of energy to drop stuff into the sun.

 Ah, just leave it on earth and it will eventually be gobbled up and vapourized.  No need for drastic measures now.


THis is a person who is taking a really long term view on the issue :-)

Of course, in the mid-to-long term, our buried trash is probably going to be mined for all the useful stuff we threw away.
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March 05, 2021, 12:07:52 AM
Merited by HairyMaclairy (1)


Can't you just point it there, fire a thruster, and let it go it's course? (I mean, calculate where it should end up, but yeah, basically go towards the sun.)

Nope. I think Larry Niven covered this too, prolific guy. You either speed it up, which takes it to a higher orbit or slow it down which takes it to a lower orbit. To take it to an orbit low enough to burn up in the sun, you need to slow it down the whole amount that the earth is orbiting the sun (about 67000 mph). There's a little bit of fudge in this due to eliptical orbits and drag from the sun's atmosphere but that's the basic principle. Essentially anything you fire into the sun is going to get there on a spiral path.

Correct. I really recommend reading up on the Messenger probe that went to Mercury, it needed an insane amount of fuel and a number of earth and venus flybys to slow down enough to even get to mercury. In space speeding up takes energy, slowing down takes energy, everything takes energy :-)

In terms of space stuff remember that we lived to see the Viking landers. Those were pretty darn amazing.

In terms of great filters and the Fermi paradox, remember that one reason we might not see others is that they're just more efficient. Take lighting: For a long time the best way to see life on earth is to do a spectrographic analysis of our planet and you would see an insane line for sodium which is not natural. That's the sodium vapor lights we used for street lamps. Except now we are using LEDs which have far less light scattered upwards because they are much more efficient.

Or TV signals: Our TV signals used to be easy to spot: A massive signal spike (the sync signal) followed by colorburst, then the X and Y of the scan line. Easy to spot, very repeating pattern, can't be nature made, obvious sign of intelligence. However now we have switched over to HDTV which is not only digital but encrypted digital so the stuff looks like background noise. And it's much lower power because once again efficient.

That's in 100 years. There may be only a short window where we can spot other civs before they get efficient and encrypt everything because the Altarian Disney Company doesn't want to share their content without payment :-)
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March 05, 2021, 12:24:35 AM


Filled my first order. Smiley

From my brand new PC, from my 2nd house...  Roll Eyes  Roll Eyes

I need a 3rd one.  Grin  Cheesy  Cheesy  Cool  Huh
BobLawblaw
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March 05, 2021, 12:28:55 AM

Order @ $47k just got filled. Next order set up to execute @ $46.5k - Set up down to $45k.
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March 05, 2021, 12:31:45 AM

This such boring movement last couple of weeks.. WO - when $60k??
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March 05, 2021, 12:33:19 AM
Last edit: March 05, 2021, 12:46:34 AM by savetherainforest

Order @ $47k just got filled. Next order set up to execute @ $46.5k - Set up down to $45k.

I would totally merit you, but I don't have any anymore. Cheesy Cheesy

Also... had regret of not being more greedy to put a few hundred lower... Tongue ... it dipped to 46,700$ ... Cheesy Cheesy
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March 05, 2021, 01:13:27 AM
Last edit: March 05, 2021, 01:37:54 AM by marcus_of_augustus
Merited by Arriemoller (1)

... the Great Filter is most likely socialist Statism or some equally toxic ideology unleashing widespread mis-management of civilisations that wipes it out through war, famine or plagues.

... just as knowledge, concepts and ideas are the true wealth of civilisations, fallacies, myths, superstitions and toxic ideologies are its greatest dangers

edit: for civilisations to scale they need scale-free organisational concepts and structures ... not base-level, emotional, romantic, tribalist, power-centralising brutalism
savetherainforest
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March 05, 2021, 01:48:51 AM

This such boring movement last couple of weeks.. WO - when $60k??

There will be another dump attempt in 12'-ish hours. Smiley

But resistance feels strong! Cheesy Cheesy
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March 05, 2021, 01:53:01 AM

Order @ $47k just got filled. Next order set up to execute @ $46.5k - Set up down to $45k.

Buy @ $46.5k executed. Next order @ $46k.
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March 05, 2021, 01:59:37 AM

Or TV signals: Our TV signals used to be easy to spot: A massive signal spike (the sync signal) followed by colorburst, then the X and Y of the scan line. Easy to spot, very repeating pattern, can't be nature made, obvious sign of intelligence. However now we have switched over to HDTV which is not only digital but encrypted digital so the stuff looks like background noise. And it's much lower power because once again efficient.

Yes. I believe if I recall my information theory lectures correctly, at the limits of compression, information is indistinguishable from noise. Anything that doesn't look like noise is a candidate for more compression.

In addition, broadcasting is inefficient and as our technology has improved, point-to-point communication has become realistic (in a similar way to the lighting. Indeed, I believe some places are beginning to experiment with conditional lighting where, for example, highway lighting only comes on when cars are actually using it and turn off when the roads are empty).
savetherainforest
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March 05, 2021, 02:00:04 AM

Order @ $47k just got filled. Next order set up to execute @ $46.5k - Set up down to $45k.

Buy @ $46.5k executed. Next order @ $46k.

dUNNO Man... Smiley ... Charts feel bullish. But in 10-11 hours we will find out! Tongue
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March 05, 2021, 02:23:19 AM

Or TV signals: Our TV signals used to be easy to spot: A massive signal spike (the sync signal) followed by colorburst, then the X and Y of the scan line. Easy to spot, very repeating pattern, can't be nature made, obvious sign of intelligence. However now we have switched over to HDTV which is not only digital but encrypted digital so the stuff looks like background noise. And it's much lower power because once again efficient.

Yes. I believe if I recall my information theory lectures correctly, at the limits of compression, information is indistinguishable from noise. Anything that doesn't look like noise is a candidate for more compression.

In addition, broadcasting is inefficient and as our technology has improved, point-to-point communication has become realistic (in a similar way to the lighting. Indeed, I believe some places are beginning to experiment with conditional lighting where, for example, highway lighting only comes on when cars are actually using it and turn off when the roads are empty).

That sounds like a bioluminescence nightmare paved on a road with good intentions. We should go towards the path of spaceships, suborbital and orbital hotels and fighter jet type of interplanetary vehicles. Smiley  Roll Eyes  Roll Eyes
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March 05, 2021, 03:04:25 AM

Price going down yo!

Price will go up again as well....

But never above ATH as I confirmed.

You have said it ... you haven’t actually offered any evidence to support your assertion.

What? You don't believe in maths and science?
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