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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.1%)
7/28 - 11 (11.8%)
8/4 - 16 (17.2%)
8/11 - 7 (7.5%)
8/18 - 5 (5.4%)
8/25 - 7 (7.5%)
After August - 46 (49.5%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26446482 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. (174 posts by 3 users with 9 merit deleted.)
nullius
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If you don’t do PGP, you don’t do crypto!


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September 14, 2020, 11:17:33 PM
Last edit: September 14, 2020, 11:32:52 PM by nullius


Unobtainable?  Here in the real world, I’ve had at least one girlfriend with a prettier face than the girls in those photos (whatever popular celebrities—I don’t care), albeit not quite as good a body (but then, she was 100% real—and function matched form: she was talented, bodily).  I remember her particularly, because I was flat broke when we met—impoverished to the point of lacking basic survival necessities.  Interesting times.

This one is unobtainable:



(maybe I need a Cat...Cat people tell me life is better with a Cat...at least you give up the idea of any control in the household with a Cat)...

You cannot escape the nature of woman by trading her for a pussy.

Quote from: Nietzsche (Beyond Good and Evil, Aphorism 239)
That which inspires respect in woman, and often enough fear also, is her nature, which is more “natural” than that of man, her genuine, predatory, cunning flexibility, her tiger-claws beneath the glove, her naïveté in egoism, her untrainableness and innate wildness, the incomprehensibleness, extent, and deviation of her desires and virtues.  That which, in spite of fear, excites one’s sympathy for the dangerous and beautiful cat, “woman,” is that she seems more afflicted, more vulnerable, more necessitous of love, and more condemned to disillusionment than any other creature.  Fear and sympathy: it is with these feelings that man has hitherto stood in the presence of woman, always with one foot already in tragedy, which rends while it delights...

Quote works better out of context:

Females are easier IME.



Jay:  Insightful comments that will probably inspire a short essay.
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September 14, 2020, 11:21:08 PM

Good news, everybody!

Microbe farts detected in the upper atmosphere of Venus!



Surely a a bullish sign!


Scientists have proved that aliens smell like farts.

https://www.popularmechanics.com/space/deep-space/a29932234/what-would-aliens-smell-like/

Quote
...Which led my son to one inescapable conclusion: If aliens exist, they probably smell like farts.

I don’t know enough about farts, Mars, or aliens to refute him, so I reached out to somebody who does: Clara Sousa-Silva, a molecular astrophysics postdoctoral associate at MIT.

“Your son is absolutely correct in his inference,” she told me. “Most of my work in astrobiology looks at anaerobic environments, which have a lot in common with the environments that produce farts. So, yes, aliens are reasonably likely to smell like farts.”
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September 14, 2020, 11:40:08 PM

An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.
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born once atheist


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September 14, 2020, 11:43:36 PM

^Very nice work!


Thanx bro. Coming from the awesome wob master hat creator, thats a huge compliment.
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September 14, 2020, 11:43:45 PM

An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.

 From inception or for each new block?  
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September 14, 2020, 11:46:50 PM
Merited by LFC_Bitcoin (1)

Jay:  Insightful comments that will probably inspire a short essay.

No.... don't do it.



An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.

Why would any of us give any shits, unless we believe there were some better coin?  proof of stake, perhaps?   or some kind of amorphous, distracting and misleading SJW nonsense like that? Angry Angry
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September 14, 2020, 11:52:58 PM

Jay:  Insightful comments that will probably inspire a short essay.

No.... don't do it.



An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.

Why would any of us give any shits, unless we believe there were some better coin?  proof of stake, perhaps?   or some kind of amorphous and misleading SJW nonsense like that? Angry Angry

 I thought it was purely for science.  I will cease calculations at once.
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September 15, 2020, 12:21:11 AM

An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.

 From inception or for each new block?  


Purely from a scientific point of view. And from inception, thus the genesis block.

Would be nice to see(feel) the monumental work and energy that was put to secure the blockchain and to get an impression and a feel of how much power was used to create this distributed ledger.
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Self-Custody is a right. Say no to"Non-custodial"


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September 15, 2020, 12:31:29 AM

An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.

Why would any of us give any shits, unless we believe there were some better coin?  proof of stake, perhaps?   or some kind of amorphous and misleading SJW nonsense like that? Angry Angry

 I thought it was purely for science.  I will cease calculations at once.

Ok.  get working on it, homberblomber... longhandedly, hopefully, you will complete your no-stone-left-unturned calculations on or before the next halvening...... right around the same time that friends1980 finishes reading this whole thread, while submitting his report back to us.    Shocked



An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.

 From inception or for each new block?  


Purely from a scientific point of view. And from inception, thus the genesis block.

Would be nice to see(feel) the monumental work and energy that was put to secure the blockchain and to get an impression and a feel of how much power was used to create this distributed disturbed ledger.

FTFY   Tongue
proudhon
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September 15, 2020, 01:00:31 AM

Very BIG evening update for the shrewd trader who is into the confirmed math and science of trading:

nullius
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If you don’t do PGP, you don’t do crypto!


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September 15, 2020, 01:13:41 AM

An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.

Possible to estimate, yes; but I don’t see how it could be easy.  That would require cost/efficiency estimates for every generation of miners:  CPU (various optimized implementations and CPU models), GPU (ditto), FPGA, every generation of ASIC...

Does a collection of those historical data even exist anywhere?  If you folks discussing this were to gather in the first instance, the effort may be worth a research paper.  Maybe one already exists (with data up to some past point).

Purely from a scientific point of view. And from inception, thus the genesis block.

Would be nice to see(feel) the monumental work and energy that was put to secure the blockchain and to get an impression and a feel of how much power was used to create this distributed ledger.

I don’t think that the historical electricity cost would give a clear view of the current security of the Bitcoin blockchain.  With ASIC hardware, you could easily outrun the whole early CPU-mined Bitcoin network at drastically lower energy cost!  Of course, as you continued rewriting blockchain history, sooner or later, you would slam into the historical point at which the real Bitcoin network’s hashrate exceeded your hardware’s capabilities.  From that point onwards, you would just get further and further behind with your fake blockchain, as the chaintip of the real Bitcoin network keeps advancing faster than you can chase it.*

Still, yes, the energy-cost accounting would be historically interesting.

purely for science

The real kind!

(* And one of the marvellous properties of the Nakamoto Consensus is that the “real” chain can be selected by an isolated node with no information except the block data alleging one or more consensus-rule valid chains.  Most-work (not “longest”) chain wins, and that’s that.  Not even a trustworthy realtime clock source is required.  It is the whole point of how this is supposed to work; but somehow, I often see people missing it—usually when they want to suggest some “improvement” which would break Bitcoin’s security without even achieving what they expect.)



Jay:  Insightful comments that will probably inspire a short essay.

No.... don't do it.


Is that investment advice to avoid shorting my lifetime at high leverage by posting on an Internet forum?  Confirmed math and science calculate that writing on the Internet brings −99.53088288% ROI.
JayJuanGee
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September 15, 2020, 01:31:41 AM

Still, yes, the energy-cost accounting would be historically interesting.

No need to worry.  We are in good hands since homer is working on it.  

He is quite detail orientated.  

If anyone can get the job done, that would be xhomerx10.  Wink

Jay:  Insightful comments that will probably inspire a short essay.

No.... don't do it.


Is that investment advice to avoid shorting my lifetime at high leverage by posting on an Internet forum?  Confirmed math and science calculate that writing on the Internet brings −99.53088288% ROI.

Well.  I tried talking you out of it, but you seem determined.  

Difficult to stop the distribution and disturbation of a potentially great and purportedly short essay, whose time has come.
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September 15, 2020, 02:19:11 AM
Last edit: September 15, 2020, 03:02:33 AM by xhomerx10
Merited by vapourminer (1), Hueristic (1), JayJuanGee (1)

Working on it...

 Transferring 10 MB of data uses about the amount of energy in a AA battery which is 0.0039 kWh
Here are the top ten viewed YouTube music videos and the number of times they were viewed (while I compiled this tonight).

Song_Title_Artist__Uniform_Resource_Locator__Number_of_Views_
DespacitoLuis_Fonsi_ft._Daddy_Yankeehttps://youtu.be/kJQP7kiw5Fk6965149726
Baby_SharkPINKFONGhttps://youtu.be/XqZsoesa55w6555048616
Shape_of_YouEd_Sheeranhttps://youtu.be/JGwWNGJdvx84974976171
See_You_AgainWiz_Khalifa_ft._Charlie_Puthhttps://youtu.be/RgKAFK5djSk4721137015
Uptown_FunkMark_Ronson_ft._Bruno_Marshttps://youtu.be/OPf0YbXqDm03945458571
Gangnam_Style_PSYhttps://youtu.be/9bZkp7q19f03782347210
SorryJustin_Bieberhttps://youtu.be/fRh_vgS2dFE3338412458
SugarMaroon_5https://youtu.be/09R8_2nJtjg3281040028
RoarKaty_Perryhttps://youtu.be/CevxZvSJLk83172242295
Thinking_Out_LoudEd_Sheeranhttps://youtu.be/lp-EO5I60KA3072397098

 The average video play time is ~ 4 minutes which equates to about 40 MB of data transfer per video per view.
The total number of views for the 10 songs above is 43808209188.
This translates to 683408063.3328 kWh of energy for the data transfer alone.  

 I'm just warming up.  Thanks for the confidence and the pressure JJG, it will help me to achieve the optimal level of arousal required to complete my mission.

 Wait, should I even bother to include data transfer for pool mining or just the CPU/GPU/FPGA/ASIC power required for hashing?

  Don't worry @Hueristic.  I'll use the network hash rate in my calculation to ensure the energy usage from all miners is included.

edit: SMF seems to insert superfluous breaks when translating BBcode to HTML.
edit2: Wow.  Tables really suck in BBcode.
edit3:  Angry

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September 15, 2020, 02:29:02 AM

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bagholder since 2013


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September 15, 2020, 02:30:29 AM
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Very BIG evening update for the shrewd trader who is into the confirmed math and science of trading:

luv you proudhon. never change
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September 15, 2020, 02:48:59 AM

This translates to 683408063.3328 kWh of energy for the data transfer alone. 

I'm just warming up.  Thanks for the confidence and the pressure JJG, it will help me to achieve the optimal level of arousal required to complete my mission.

Wait, should I even bother to include data transfer for pool mining or just the CPU/GPU/FPGA/ASIC power required for hashing?

Don't worry @Hueristic.  I'll use the network hash rate in my calculation to ensure the energy usage from all miners is included.


Damn, that's the spirit - awesome !

I was thinking of only the power required to run the hash rate. But if transferring the block chain to thousands of different peers at a specific time (different sizes, varying amount of nodes, etc) makes an extra impact to the total power usage, it would be awesome to include it as well for the big picture.

My main idea is to have a given number to show how much raw power was put into building the blockchain, to show that it is not backed by nothing, but that we are building the new digital pyramids.
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September 15, 2020, 02:50:41 AM
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It's pAmping...

Proud, the Honey Badger must be!
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September 15, 2020, 02:59:58 AM

Sometimes you haiku.
Other times your ass gets haiku'ed.
Regardless, I hodl.









So the 'purpose' of WO now is to 'taunt' me with 'un-obtainable Women', as well as NOT having the 'huge' pump in BTC/Crypto prices that I desired at the

beginning of this year of 2020. Sad

damn, that is just mean...I mean give me a BTC/Crypto 'pump' to $15k ...and I'd give it a pass...but BOTH....cruel, WO, cruel indeed....Sad

(maybe I need a Cat...Cat people tell me life is better with a Cat...at least you give up the idea of any control in the household with a Cat)...

Brad

 Better get checked for allergies first.  Life with cat if you're allergic sucks ass - trust me.


yeah..allergic to cats.....hot girls allergic to me...the wheel of FUD and despair continues...... ;(

can't even engage in my POW miner addiction anymore of any BTC/Crypto in that makes little sense these days...

oh well, I have WO right? So I'm well adjusted right?
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September 15, 2020, 03:10:02 AM

xhomerx10, I created a new thread to answer the raw power used to build the Bitcoin blockchain so the discussion won't get buried under thousand of pages.

Would be great if you could contribute your work there !

Here's the thread:

https://bitcointalk.org/index.php?topic=5275873.new#new
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September 15, 2020, 03:40:40 AM
Merited by xhomerx10 (1), JayJuanGee (1)

Working on it...
Don't worry @Hueristic.  I'll use the network hash rate in my calculation to ensure the energy usage from all miners is included.

edit: SMF seems to insert superfluous breaks when translating BBcode to HTML.
edit2: Wow.  Tables really suck in BBcode.
edit3:  Angry



Yeah these tables are rough...

I have no Idea how you can differentiate between base systems, gpu miners, fpgas and asics over time. The overlap is huge and due to locations their profitability is widely varied so you would have to make massive assumptions. Literally this could take a person a lifetime to get within a small tolerance of error.

Not to mention it is widely believed satoshi (and others) used custom FPGAs and how those could be calculated is beyond me.
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