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

[JayJuanGee]

Quick 80x long powers active.

One way to get poor quick... 

[Biodom]

@HM

Do you think that it is possible that very soon (maybe they are doing it already) AI would have close to perfect market predictions?

I saw this article about protein folding. Best scientists were beaten by AI with a large margin.
https://www.vox.com/future-perfect/2019/2/15/18226493/deepmind-alphafold-artificial-intelligence-protein-folding

Interesting points there: will scientists (apart from those programming AI maybe) become obsolete?
A large part of doing science is based on being able to stake the claim that you did something first (discovery, etc.).
Personally, I don't see much use of doing science of you are doing so at some primitive level when AI gets all the "best parts".
This would feel awful.
There will be a crisis (maybe limited to natural sciences, though).
We could be already in it and will realize it soon.

[xhomerx10]

~megasnip

I don’t know whether it somehow affected the price of BTC, but now I only want to wear a hat much more .

Sunglasses would look nice on this avatar.. even though maybe a bit difficult to see... like those sunglasses in sample 3.

Yes, I think they would match Rocket.

 Like this?



Avatar-sized

[BTCMILLIONAIRE]

@HM

Do you think that it is possible that very soon (maybe they are doing it already) AI would have close to perfect market predictions?

I saw this article about protein folding. Best scientists were beaten by AI with a large margin.
https://www.vox.com/future-perfect/2019/2/15/18226493/deepmind-alphafold-artificial-intelligence-protein-folding

Interesting points there: will scientists (apart from those programming AI maybe) become obsolete?
A large part of doing science is based on being able to stake the claim that you did something first (discovery, etc.).
Personally, I don't see much use of doing science of you are doing so at some primitive level when AI gets all the "best parts".
This would feel awful.
There will be a crisis (maybe limited to natural sciences, though).
We could be already in it and will realize it soon.

I don't see humans not merging with AI in some way down the line, or at least enhancing our bandwidth for information processing. Someone will have to keep identifying desirable problems, so humans will need to self-enhance to be capable of keeping up with the results of AI research and deciding on new targets.


Also, no. No AI will ever make perfect market predictions. Simply because different players will employ different AIs to play against each other. At that point humans might be entirely incapable of trading manually though, as AIs would be capable of forcing market movements over any short and large time scales. It'll basically make humans play into its pocket.

[JayJuanGee]

Sunglasses would look nice on this avatar.. even though maybe a bit difficult to see... like those sunglasses in sample 3.

Yes, I think they would match Rocket.

 Like this?



Avatar-sized

Personally, I like the "with sunglasses" better, but I might be a minority in terms of my aesthetics.

Of course, choice would be for StartupAnalyst ... and only a few more points away...  

[jojo69]

What jojo what???

$3950 was not what I was expecting to come home from work to

[Botnake]

What jojo what???

$3950 was not what I was expecting to come home from work to

What amount you are expecting then?

[jojo69]

What jojo what???

$3950 was not what I was expecting to come home from work to

What amount you are expecting then?

meh, 3400 or something

[Botnake]

What jojo what???

$3950 was not what I was expecting to come home from work to

What amount you are expecting then?

meh, 3400 or something

I'm bullish, I always think of the price above $4K and it seems we will be there shortly.
BTC is relaxing a bit IMO 

[Toxic2040]

What jojo what???

$3950 was not what I was expecting to come home from work to

What amount you are expecting then?

meh, 3400 or something

[lightfoot]

Pity, i would say do not sell @these prices, but when gotta cover Some expenses Then there is nothing to do about it

Hope you can buy the coin back

Yep, gotta do what you gotta do. Someday when that coin is worth 1m I'll look back in fondness.

Or something.

[HairyMaclairy]

@HM

Do you think that it is possible that very soon (maybe they are doing it already) AI would have close to perfect market predictions?

I saw this article about protein folding. Best scientists were beaten by AI with a large margin.
https://www.vox.com/future-perfect/2019/2/15/18226493/deepmind-alphafold-artificial-intelligence-protein-folding

Interesting points there: will scientists (apart from those programming AI maybe) become obsolete?
A large part of doing science is based on being able to stake the claim that you did something first (discovery, etc.).
Personally, I don't see much use of doing science of you are doing so at some primitive level when AI gets all the "best parts".
This would feel awful.
There will be a crisis (maybe limited to natural sciences, though).
We could be already in it and will realize it soon.

I don't see humans not merging with AI in some way down the line, or at least enhancing our bandwidth for information processing. Someone will have to keep identifying desirable problems, so humans will need to self-enhance to be capable of keeping up with the results of AI research and deciding on new targets.


Also, no. No AI will ever make perfect market predictions. Simply because different players will employ different AIs to play against each other. At that point humans might be entirely incapable of trading manually though, as AIs would be capable of forcing market movements over any short and large time scales. It'll basically make humans play into its pocket.

Machine learning is just a better, faster abacus.  The article is a bit disappointing because these scientists have not been 'beaten', they have been gifted a wonderful new tool.  

Roles counting bushels of wheat by hand (or folding proteins by hand) will become obsolete.  But someone still has to build, maintain and operate the machine that counts the bushels of wheat or folds the proteins by hand.  So you have one person doing the work currently done by 50 other people.

What happens to the other 49 people?  Well they do something else.  In the case of academics, they work on doing something wonderful with all these new proteins we can discover through machine learning.  In the case of farmers counting bushels of wheat, maybe their children move to the city and become accountants (or cryptoeconomists).

But machine learning is just building mathematical models.  When you apply mathematical models to trading, you are engaging in an arms race with every other market participant.  And nothing fucks up a model more than a whale doing something random just to fuck up other traders.  So no, I don't think we can make perfect predictions.  

So how can you win against these highly funded, high frequency players with whale deep pockets?  Don't play their game.  In their game they can only bend the price for short periods of time.  In the long run, the price is gonna do what the price is gonna do.  So make your trading moves long term, do not day trade.

90% of my trading profits have come from a small handful of large long term trades.  About 5 trades in total.  Every thing else has basically been just fucking around and wasting time.  And long term multi-year swing trades are immune to short term market manipulation.  

[d_eddie]

I do not know what he laughs about, but he does it with enthusiasm.
She knows something that we do not know?

She’s got teeth like a witch doctors necklace.

Good woman this. You no feel teeth I promise.

[d_eddie]

I'd like to run a LN node. Initial funding will come from some small profits I made in the current wave of volatility. I have the latest bitcoin client (Core  0.17.1) running on Linux. Which LN client do you think is the best choice at the moment?

[Juggy777]

Going to break 4k, are we?

Didn't we already do that a month or so ago?
I fail to see the wow factor in that, just normal volatility.

Hey we did see it a while ago but since we have been stuck in the extended bear phase for a very long time now, the 4K mark is a feel good factor for all investors. I feel if prices continue their upward trend then we can see it breaking 4K levels today, and finally prices are steadily moving towards 5k in the short term. In my personal opinion we should see max up to 8k in bitcoins prices, don’t really understand why people are waiting to see 20k price levels so soon.

[Icygreen]

Satoshi Nakamoto: The Mysterious Founder of Bitcoin

DigiCash - 1989
BitGold
Satoshi Nakamoto: Bitcoin - October 2008
Hal Finney - January 3rd 2009

The Silk Road: Dread Pirate Roberts - 2011
Ross Ulbricht - 2013

Keep watching and enjoy. Good video
 

This video is total shit! Guy is still claiming BTC costs $40+ to make a single transaction plus 2-3 days.  At the end of the video it becomes clear that its a ripple shill, motioning that Satoshi left bitcoin to work on ripple and his real identity is David Schwartz.  Watch for laughs only and keep your eye on this Pamoldar character   

[Paashaas]

You can now send Bitcoin tips over Lightning on Twitter

the beta app Tippin has released a new Chrome Extension available to Google browser users. Over Twitter, app users can send bitcoin payments via the Lightning Network, considered a way to make bitcoin transactions feasible at a large scale for the first time

https://www.coindesk.com/you-can-now-send-bitcoin-tips-over-lightning-on-twitter

[JayJuanGee]

You can now send Bitcoin tips over Lightning on Twitter

the beta app Tippin has released a new Chrome Extension available to Google browser users. Over Twitter, app users can send bitcoin payments via the Lightning Network, considered a way to make bitcoin transactions feasible at a large scale for the first time

https://www.coindesk.com/you-can-now-send-bitcoin-tips-over-lightning-on-twitter

Jack dorsey does not fuck around... whoaza... that was quick.

[infofront]

My take:

[HairyMaclairy]

You can now send Bitcoin tips over Lightning on Twitter

the beta app Tippin has released a new Chrome Extension available to Google browser users. Over Twitter, app users can send bitcoin payments via the Lightning Network, considered a way to make bitcoin transactions feasible at a large scale for the first time

https://www.coindesk.com/you-can-now-send-bitcoin-tips-over-lightning-on-twitter

Jack dorsey does not fuck around... whoaza... that was quick.

That is exactly the incentive I need to set up an LN node.