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September 21, 2019, 01:42:52 AM *
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Question: Sept. 21 Closing Price:
$0 - 3 (3%)
<$8,000 - 5 (5%)
$8,000-$8,500 - 1 (1%)
$8,500-$9,000 - 2 (2%)
$9,000-$9,500 - 5 (5%)
$9,500-$10,000 - 6 (5.9%)
$10,000-$10,500 - 21 (20.8%)
$10,500-$11,000 - 20 (19.8%)
$11,000-$11,500 - 18 (17.8%)
$11,500-$12,000 - 6 (5.9%)
>$12,000 - 8 (7.9%)
>$20,000 - 6 (5.9%)
Total Voters: 101

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21374062 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. (106 posts by 21 users deleted.)
jbreher
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April 23, 2019, 07:22:09 PM
Merited by JimboToronto (1)

Great interview on the What Bitcoin Did podcast: https://www.whatbitcoindid.com/podcast/peter-rizuns-lightning-critique-fud-or-fair

I assume a number of you will summarily dismiss this, rushing to judgement before examining the evidence. But for the open-minded, certainly worth a listen.

Anyhow, I guess we keep coming back to the general idea that it will be fine in the future!.. The technology will be there to support Bigger Blocks and Massive Database (but in the future it will be considered small). We will have cheap 1000GBit connections to link everyone together and 80TB hard drives! Moore says so!

The same can be said for LN and Layer 2 solutions. The developers are working on a solutions for this and that. A different Layer 2 solution will be available soon and so forth.

But which would you bet on? Something that is developing and evolving right before our eyes or relying on Moore's Law?

Moore's Law isn't as good as it used to be - since a few years already.

Depends upon which form you use. Gordon's original formulation spoke only to number of transistors per dollar. However, the more generalized form speaks to computations per dollar - which can be extended back from microprocessors to gate level logic to discrete transistors to vacuum tubes to relays to purely mechanical computing. And currently extended forward in time to multi-core, non-homogeneous computing systems. Which has shown pretty high fidelity to an exponential growth rate for more than 100 years, and shows no signs of attenuating.
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April 23, 2019, 07:27:35 PM

Plenty of people live on "house boats" in the US.

Citizenship is not a requirement to live on one of those. Tourists can live where they want, as long as they aren't breaking any laws.
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April 23, 2019, 07:29:53 PM

Plenty of people live on "house boats" in the US.

Citizenship is not a requirement to live on one of those. Tourists can live where they want, as long as they aren't breaking any laws.

You are either playing dumb or you are one.

SeaStead != Boat

Not to mention the result would still be same if I came there and tried to build my own boat. Wtf are you smoking? Pass it to me.
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April 23, 2019, 07:30:32 PM

Psychological price barriers are just plain silly.
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April 23, 2019, 07:39:12 PM

Not much of a difference in terms of law.

Elwar build nothing, he was just a tenant.

That's like finding a houseboat on Airbnb... nobody is going to arrest a tourist for renting one in the US.

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April 23, 2019, 07:43:07 PM


Lucid Investments? Do they invest their own money or attract some venture capitalists? If I were a capitalist @Lucid I'd be pulling my funds out ASAP - these blind kittens can't see further than their noses...  Grin
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April 23, 2019, 09:10:30 PM

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April 23, 2019, 09:13:02 PM
Merited by Icygreen (1)

I don't know exactly how international law works, but I think the whole point in having a seastead is not being subjected to any national law. Besieging it would be difficult because supply can come from virtually every state, and kidnapping people in the sea is not a thing a state can do. Anyway, that was not a fortress but a floating bedroom, China is making whole islands in international waters without nobody being able to do shit.

Elwar acted as a free man and a dreamer, and that's far more dangerous to some regimes than a nuclear aircraft carrier (which is in fact able to access international waters all over the world). I hope he is already safe or he will be soon, and that he doesn't give up with his seastead experiments (maybe in different more friendly countries without death penalty and arbitrary justice, that would be better).

Just a couple of years and an old russian nuclear submarine will cost no more than a bitcoin of two (two if with warheads), Thailand will cease to threaten old forum members soon Smiley
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April 23, 2019, 09:15:46 PM

human home on land, water no good for human, seastead not smart, follow natural habitat
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April 23, 2019, 09:18:03 PM

Great interview on the What Bitcoin Did podcast: https://www.whatbitcoindid.com/podcast/peter-rizuns-lightning-critique-fud-or-fair

I assume a number of you will summarily dismiss this, rushing to judgement before examining the evidence. But for the open-minded, certainly worth a listen.

Anyhow, I guess we keep coming back to the general idea that it will be fine in the future!.. The technology will be there to support Bigger Blocks and Massive Database (but in the future it will be considered small). We will have cheap 1000GBit connections to link everyone together and 80TB hard drives! Moore says so!

The same can be said for LN and Layer 2 solutions. The developers are working on a solutions for this and that. A different Layer 2 solution will be available soon and so forth.

But which would you bet on? Something that is developing and evolving right before our eyes or relying on Moore's Law?

Moore's Law isn't as good as it used to be - since a few years already.

Depends upon which form you use. Gordon's original formulation spoke only to number of transistors per dollar. However, the more generalized form speaks to computations per dollar - which can be extended back from microprocessors to gate level logic to discrete transistors to vacuum tubes to relays to purely mechanical computing. And currently extended forward in time to multi-core, non-homogeneous computing systems. Which has shown pretty high fidelity to an exponential growth rate for more than 100 years, and shows no signs of attenuating.

I am well out of my depth on this topic but my understanding is that Moore’s law refers to the number of transistors in an integrated circuit. It is not an economic measure

https://en.m.wikipedia.org/wiki/Moore%27s_law
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April 23, 2019, 09:21:18 PM
Last edit: April 23, 2019, 09:35:37 PM by HairyMaclairy

Not much of a difference in terms of law.

Elwar build nothing, he was just a tenant.

That's like finding a houseboat on Airbnb... nobody is going to arrest a tourist for renting one in the US.



Try declaring sovereignty in a trailer on the mainland and see what happens.

It is a very powerful idea. Which makes it dangerous.
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April 23, 2019, 09:22:48 PM


My theory: Vinny Lingham and Tone Vays are being paid to gain trust/followers and lie to the public. It's the only thing that explains them being consistently bearish... and wrong.

I've seen the same shit going on with other so-called "Crypto Experts" on YouTube. They're always shilling for shitcoins, down or bearish on Bitcoin. It's always the ones that have garnered the most followers.

Vays, who generally annoys me, does identify as a BTC Maximalist.  And his tweets clearly support that...

Quote
There is no such thing as #crypto (even though I sometimes use that term). There is #Bitcoin, there are waste of time useless projects like $XMR, $LTC, & other PoW honest #Blockchains and there r SCAMS like $ETH, $DASH, $XRP and all #ICO's like $BNB, $EOS, $ADA & of course $TPAY

https://twitter.com/ToneVays/status/1119412046779637767

W0w, he upgraded XMR and LTC to "Useless" ! LOl
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April 23, 2019, 09:26:38 PM

It affects security and challenges the state power of Thailand and it is intolerable," he said.

How fragile must the state power of Thailand be when a floating bathtub challenges it? Perhaps they should fire torpedoes at every fish that enters their waters too, just to be extra safe.

Yeah, that guy and his girlfriend with their platform could launch a night assault on the capitol at any time, must per-emptively strike to protect Sovereignty.


Despite previous info, maybe they are not out of danger just yet.



VAdm Sitthiporn Matkasem ...

I read "shittiporn" and for a moment thought it was a friendly nickname for an infamous coprophile.

LOL, Mcafee...
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April 23, 2019, 09:33:32 PM

Price is going higher. Are we close to hitting the $6000 next month? Any guesses?
April 30 is a very important date, for what I can see, we can close to $6,000 this month.
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BTFD, on to 15K a coin !!!!


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April 23, 2019, 09:35:13 PM

F*** 30 min break, Then finally Cheesy

And meantime BTC still the same.... steady and growing
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April 23, 2019, 09:35:22 PM

Great interview on the What Bitcoin Did podcast: https://www.whatbitcoindid.com/podcast/peter-rizuns-lightning-critique-fud-or-fair

I assume a number of you will summarily dismiss this, rushing to judgement before examining the evidence. But for the open-minded, certainly worth a listen.

Anyhow, I guess we keep coming back to the general idea that it will be fine in the future!.. The technology will be there to support Bigger Blocks and Massive Database (but in the future it will be considered small). We will have cheap 1000GBit connections to link everyone together and 80TB hard drives! Moore says so!

The same can be said for LN and Layer 2 solutions. The developers are working on a solutions for this and that. A different Layer 2 solution will be available soon and so forth.

But which would you bet on? Something that is developing and evolving right before our eyes or relying on Moore's Law?

Moore's Law isn't as good as it used to be - since a few years already.

Depends upon which form you use. Gordon's original formulation spoke only to number of transistors per dollar. However, the more generalized form speaks to computations per dollar - which can be extended back from microprocessors to gate level logic to discrete transistors to vacuum tubes to relays to purely mechanical computing. And currently extended forward in time to multi-core, non-homogeneous computing systems. Which has shown pretty high fidelity to an exponential growth rate for more than 100 years, and shows no signs of attenuating.

I am well out of my depth on this topic but my understanding is that Moore’s law refers to the number of transistors in an integrated circuit. It is not an economic measure

https://en.m.wikipedia.org/wiki/Moore%27s_law

Like I said. Gordon Moore originally formulated it in regards to number of transistors, this is true. But the principle is of much higher applicability. Which, of course, is only one of the oddities with this. For another, it is not a Law. It is a hypothesis, conjecture, or postulate. Nevertheless, once the 'Law' gained some traction, it was backtested to the birth of mechanical computing. And as I said, found to be very tight correlation well within standard deviation for a century or so.

The point being that the strict limited formulation of Moore's 'Law' is not what is applicable to computing. It is rather a special case of a more general principle that holds tight to exponential growth of computational power per unit cost that shows no signs of slowing. While it is true that transistor count per die surface area sees scaling challenges (BTW, were you aware that TSMC is in the process of working the bugs out of their 5nm process?), that is really just a sideshow. Multidimensional lithography, chip-on-die, chiplets, and most importantly computational macro architecture are all undergoing advances that are delivering on the more generalized promise of computations per dollar. And this is the measure of advances needed for things such as scaling Bitcoin. Transistors per sq mm is an archaic measure with no applicability in the larger question.
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April 23, 2019, 09:37:18 PM
Last edit: April 23, 2019, 09:48:01 PM by Hueristic

Guys! Just look at the real volumes of TOP exchanges with CMC! That's fucked up


MARKET SURVEILLANCE REPORT – APRIL 2019
What is the source for this table?
I see different numbers on CMC page:

https://coinmarketcap.com/rankings/exchanges/reported/

You should always provide sources if you don’t produce content yourself.

By the way, not all exchanges are producing fake volumes: The rock trading (Italian exchange with long history of reliability (never hacked)) apparently is not:
https://dgi.io/2019/04/23/TRT-Volumes.html

The link is directly below the image it reads "MARKET SURVEILLANCE REPORT – APRIL 2019".

Its an excellent read.


Despite previous info, maybe they are not out of danger just yet.


The press might just be lagging behind, as it often happens.
and just why exactly is the Thai government tracking down two non violent people? They obviously aren't going to build another seastead there.

Because TPTB don't like people getting away with not being under their thumb so examples must be made.


I hope the US threatens sanctions against those fuck heads for even threatening a US citizen with death over something so silly.

US probably put them up to it.

I wouldn't hold your breath.

I agree.
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April 23, 2019, 09:40:19 PM

^Fair enough, tis not a hill I wish to die on.  Suffice to note that there are physics boundaries to the original formulation

The corollary to the expanded definition of Moore’s Law is that the tech industry will find ways to render all that increased processing power and bandwidth completely useless through bloatware
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April 23, 2019, 09:42:57 PM

We here to make money, not here for nerd talk.
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April 23, 2019, 09:43:49 PM

Q: Should I buy bitcoin now?
A: If you have to ask, the answer is no.

https://twitter.com/lopp/status/1120701515537297408?s=21
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