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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21337098 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. (104 posts by 20 users deleted.)
Biodom
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January 02, 2019, 09:20:52 PM
Last edit: January 02, 2019, 09:45:38 PM by Biodom

A first skirmish between lying AI and humans:

https://techcrunch.com/2018/12/31/this-clever-ai-hid-data-from-its-creators-to-cheat-at-its-appointed-task/

I hope we don't enable some strong AI with staples optimization production as it would make staples out of everything.

Relevance to bitcoin: negligible, unless people will start using AI to write code.
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Last of the V8s
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Be a bank.


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January 02, 2019, 09:34:05 PM

Apple downgraded expectations Grin
jbreher
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lose: unfind ... loose: untight


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January 02, 2019, 09:36:26 PM


That calculation is factually incorrect requires some assumptions that may or may not be reasonable:

1. earth has 7.9 bil inhabitants, not 10.

In decades to come? All projections of which I am aware conclude the earth's population will continue to increase.

Quote
2. out of 7.9 bil inhabitants, 25% are children below age 14, so total number of transactionally able is not more than 5.9 bil.

In decades to come? All projections of which I am aware conclude the earth's population will continue to gentrify. As if tweens and even chillens are to be locked out of ability to buy bubblegum?

Quote
3. tx can be batched.

'Splain me how one onboards _individuals_ in a permissionless decentralized manner using batching?

Quote
Conclusion: even without batching upper bound is 83 years.

Only 83? Such a timeline. So, barring any breakthoughs in life extension technology, we'll all be dead before the world can be onboarded to LN. Got it.

(Note: underlines and strikethroughs are mine, not in the Biodom original. duh.)
Biodom
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January 02, 2019, 09:41:26 PM


That calculation is factually incorrect requires some assumptions that may or may not be reasonable:

1. earth has 7.9 bil inhabitants, not 10.

In decades to come? All projections of which I am aware conclude the earth's population will continue to increase.

Quote
2. out of 7.9 bil inhabitants, 25% are children below age 14, so total number of transactionally able is not more than 5.9 bil.

In decades to come? All projections of which I am aware conclude the earth's population will continue to gentrify. As if tweens and even chillens are to be locked out of ability to buy bubblegum?

Quote
3. tx can be batched.

'Splain me how one onboards _individuals_ in a permissionless decentralized manner using batching?

Quote
Conclusion: even without batching upper bound is 83 years.

Only 83? Such a timeline. So, barring any breakthoughs in life extension technology, we'll all be dead before the world can be onboarded to LN. Got it.

(Note: underlines and strikethroughs are mine, not in the Biodom original. duh.)

I've got some idle PC setups, so i think to onboard sometime during the upcoming summer vacation.
There should still be enough tx for me  Grin

Re batching, I don't see any problems with hubs on L2 when L1 is decentralized, hence tx are still permissionless.
jbreher
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January 02, 2019, 09:43:57 PM

Re batching, I don't see any problems with hubs on L2 when L1 is decentralized, hence tx are still permissionless.

For multiple individuals opening LN channels through batching, some intermediary is required in order to create the batch. Hence, not decentralized and not permissionless.
Dig Bicks
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January 02, 2019, 09:46:42 PM

Advice for 2019:  Altcoins are going to pump A LOT harder than bitcoin. Eth and BCH already 2x'd from their recent lows.  Make sure you have your alt bags ready. Eth will outperform btc this year.  Also worth buying xrp even though its a shitcoin that isn't even a crypto but it will pump.
vapourminer
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what is this "brake pedal" you speak of?


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January 02, 2019, 09:55:34 PM
Merited by Last of the V8s (1)

A first skirmish between lying AI and humans:

https://techcrunch.com/2018/12/31/this-clever-ai-hid-data-from-its-creators-to-cheat-at-its-appointed-task/

I hope we don't enable some strong AI with staples optimization production as it would make staples out of everything.

Relevance to bitcoin: negligible, unless people will start using AI to write code.

HUMAN: "computer!"
AI: "ready"

HUMAN: "make me a brain wallet"
AI: [instructs nearest robot to perform brainectomy to human, cures brain tissue, makes many nice classic wallets from it]
AI: "ready"
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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January 02, 2019, 09:57:31 PM

Hey Jbear have you gone all in on SV yet?  If not, what’s the hold up?


alevlaslo
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January 02, 2019, 09:59:52 PM

if you want to avoid control, you will be offered to pay 1000 bucks for the Commission  Smiley You stay in BTC but we'll go to BCH while cheap price of coins
jojo69
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no FOMO


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January 02, 2019, 10:05:50 PM

ETH fixing to POMP baby!
Globb0
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Per-securitatem-consilio orenoM yuB


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January 02, 2019, 10:07:25 PM
Merited by micgoossens (1)

micgoossens
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BTFD, on to 15K a coin !!!!


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January 02, 2019, 10:16:10 PM


LN will turn bitcoin into a Visa

yeah...ummmm

I am not able to do  a personal, un-censorable, non-reversible transaction on the Visa mainnet.

You are an idiot.

Ignore engaged.

normal consumers don't want non reversible transactions. Why the fuck would anyone want that, if something goes wrong or your funds are stolen you are fucked.  Credit cards are a million times better than buttcoin.

best joke of the day, pity it came from such a clever guy. Roll Eyes



micgoossens
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BTFD, on to 15K a coin !!!!


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January 02, 2019, 10:18:30 PM

Advice for 2019:  Altcoins are going to pump A LOT harder than bitcoin. Eth and BCH already 2x'd from their recent lows.  Make sure you have your alt bags ready. Eth will outperform btc this year.  Also worth buying xrp even though its a shitcoin that isn't even a crypto but it will pump.



crazy in the mind SUCK a big dick??
micgoossens
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BTFD, on to 15K a coin !!!!


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January 02, 2019, 10:20:01 PM



^very IMPORTANT information for all BTC'ers
Last of the V8s
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Be a bank.


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January 02, 2019, 10:21:13 PM

science:
https://genesenvironment.biomedcentral.com/articles/10.1186/s41021-018-0114-3#main-content
Low-dose radiation from A-bombs elongated lifespan and reduced cancer mortality relative to un-irradiated individuals
Dig Bicks
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January 02, 2019, 10:21:37 PM

Umm It's common sense, bitcoin always gains dominance during a bear market.  During a bull run the small ships rise faster and higher, Ripple could easily go to 3 dollars which is basically a 10x at this point, you really think bitcoin could reach 40k in the same time frame.  I think ripple is shit but there is no doubt it will pump.

The end game is to gain more BTC , if I can trade altcoins to gain more BTC then I will.
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January 02, 2019, 10:23:04 PM

science:
https://genesenvironment.biomedcentral.com/articles/10.1186/s41021-018-0114-3#main-content
Low-dose radiation from A-bombs elongated lifespan and reduced cancer mortality relative to un-irradiated individuals

Interesting.

I celebrated my 110th birthday in Nagasaki on a rather unfortunate day. I've been wondering what the hell's been going on ever since.
micgoossens
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January 02, 2019, 10:25:14 PM



had a good laugh with his good intentions
Cheesy
Last of the V8s
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Be a bank.


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January 02, 2019, 10:25:49 PM

irradiate all the individuals!
for longer life!
Dig Bicks
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January 02, 2019, 10:27:48 PM

Mcgoosens we can place a wager in escrow for 5 BTC or higher on whether eth/ripple will give higher gains than BTC in 2019.    You take BTC I'll take eth or ripple
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