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

[bitebits]

1 BTC = 1 BTC

or is it

1 BTC == 1 BTC

?

technically the first statement is not a boolean.

but the second statement is TRUE . 

..but if you comparejavascript:void(0); strings you have to use quotes

"1 BTC" == "1 BTC"

Put this way,

"1 BTC" = "1 BTC"

would just raise an error, right?

Well I guess a variable of "1 BTC" could recursively store itself and then lead to an "OutOfMemory" situation.

hmm, i doubt so. It's an (anonymous) string literal, which should be read-only (const).
But i got the joke and i like it
Are there "named variables" in this manner in any language you are aware of?
There are quite some freaky languages out there, like the famous INTERCAL

here you go.

Code:

fn main() {
    let a = "1 BTC";
    let b = "1 BTC";
    
    println!("1 BTC = 1 BTC -> {}", a = b);
    println!("1 BTC == 1 BTC -> {}", a == b);
}

1 BTC = 1 BTC -> 1 BTC
1 BTC == 1 BTC -> true

I am sorry to spoil the fun, but the only right answer is 1 BTC != 1 BTC. Few understand this.

[1715118656]

1715118656

[1715118656]

1715118656

[AlcoHoDL]

As a mostly layman when it comes to maths (and sciences) funzies, could it be that one of the goals of continuing to attempt to calculate pi to further digits is to see if there might be a zero in there somewhere (I mean a last digit)? - and then we know how many actual digits pi has, rather than what seems to be an infinite number of digits without a last digit.  

We already know the answer to this: Pi has an infinite number of digits (i.e., there is no "last digit"). This is because Pi is an irrational number (it cannot be expressed as the ratio of two integers). Proof of this dates back to the 18th century (Lambert, 1761). The square root of 2 (1.414...) is another well-known irrational number.

We all (except Jay) know that π is an irrational sonofabitch; but is he normal?  

* Wrathful nullius is the negative one, because ’e is powered to imaginary·π.

Yes, I just implied that 0 = -1.  Well, that’s not as bad as looking for the last digit of π.

I presume you're referring to Pi and not Jay.

Now, that's a challenge. I would bet that Pi is normal, but that statement is worthless...

[AlcoHoDL]

Would someone who is sufficiently retarded to use Twitter please go necro-bump this thread, or however it works there?

It seems that this thread hasn’t gotten any love since the start of the bear market in January of 2018.

N.b. that if he had held, he would have reached 1,000,000x gains at $60,000.  (100,000,000% ROI at $60,000.06.)  But the bubble has burst, and now he would be down to about 909,000x gains.  Bitcoin is dead, etc., etc.

https://twitter.com/GregSchoen/status/70261648811761665

That's one of my favourite tweets, and it makes my day whenever I see it. This is the picture I see in my head whenever I get the urge to sell a sat, and it has served me well as a deterrent of said action. I can imagine Greg Schoen feeling his neurons literally moving inside his head, and short-circuiting themselves in a positive feedback loop, until his entire brain melts down. It really sucks to be him.

[AlcoHoDL]

Those can/bottle holders...

Intriguing!

[macson]

snip
https://twitter.com/GregSchoen/status/70261648811761665

damn....now it's value = $92,300,310.00 ^{(1700BTC x $54.294,30/ BTC current price)} while all he got was only $510 ^{(1700BTC x $0,3/ BTC at that time)}

#hodl

[nullius]

Would someone who is sufficiently retarded to use Twitter please go necro-bump this thread, or however it works there?

It seems that this thread hasn’t gotten any love since the start of the bear market in January of 2018.

N.b. that if he had held, he would have reached 1,000,000x gains at $60,000.  (100,000,000% ROI at $60,000.06.)  But the bubble has burst, and now he would be down to about 909,000x gains.  Bitcoin is dead, etc., etc.

https://twitter.com/GregSchoen/status/70261648811761665

That's one of my favourite tweets, and it makes my day whenever I see it. This is the picture I see in my head whenever I get the urge to sell a sat, and it has served me well as a deterrent of said action. I can imagine Greg Schoen feeling his neurons literally moving inside his head, and short-circuiting themselves in a positive feedback loop, until his entire brain melts down. It really sucks to be him.

Just think:  For his $102 investment to make him a billionaire, all that he had to do was to wait for Bitcoin to reach $600k.

damn....now it's value = $92,300,310.00 ^{(1700BTC x $54.294,30/ BTC current price)} while all he got was only $510 ^{(1700BTC x $0,3/ BTC at that time)}

You forgot to subtract his $102 initial investment.  If he had held, then that would now be relatively negligible; but since he didn’t, you must consider that he only profited by $408.

400% ROI is usually considered pretty good.  But if you bought Bitcoin at $0.06, it’s terrible!

#hodl

All that being said, I am even worse off:  I didn’t buy Bitcoin at $0.06.  (And I didn’t CPU-mine back in 2009, damn it.)

Neither did most of the folks reading this.

In hindsight, Schoen made a stupid sale.  But he made a smart buy.  Did you?

Food for thought.

[Karartma1]

If there's one way in which Twitter shouldn't be used, that is it!

[AlcoHoDL]

All that being said, I am even worse off:  I didn’t buy Bitcoin at $0.06.  (And I didn’t CPU-mine back in 2009, damn it.)

Neither did most of the folks reading this.

In hindsight, Schoen made a stupid sale.  But he made a smart buy.  Did you?

Food for thought.

Well, I think I did. The difference between him and most of us, is that we knew what we were doing (or at least believed in it), while he didn't. If he did, he wouldn't have sold so early, and for such an insignificant total amount. In the end, it's not the relative gain that matters, but the absolute final value of one's wealth. It's much better to invest $50,000 and end up with $1M (20x), than to invest $1 and end up with $1000 (1000x).

Having said that, I also regret not buying Bitcoin at $0.06, and not mining it in the early days. I guess I did not know about it enough at that time, to realise its potential. Funny thing is, I hated the word "Bitcoin" when I first heard it, but now I find it one of the most beautiful-sounding words in any language!

[shahzadafzal]

Computing Pi beyond 40 digits is pointless except as an academic exercise. Any phone today can compute pi to 100 digits even with inefficient programming.

The most distant spacecraft from Earth is Voyager 1. It's about 12.5 billion miles away. NASA only needs 15 decimal digits of pi to have an error margin of 1.5 inches at that distance.

If we used 40 digits of pi, you could calculate the circumference of the entire known or visible universe. About 46 billion light-years. To an accuracy equal to the diameter of a hydrogen atom.

There is no need for 1 million digits of pi, or waste 100 days to calculate trillions of digits.

https://www.jpl.nasa.gov/edu/news/2016/3/16/how-many-decimals-of-pi-do-we-really-need/

I think I just printed pi on one of my school paper notebooks or something to 50 digits and used that as the cover. 3.1415xxxxxx ... heh.

We had some pretty interesting discussion around the Pi (that's a one way to forget the dip), well when I posted Pi-day my goal wasn't about how many digits do we need to precisely measure the area of a circle or galaxy or even visible universe. Neither the Google's engineer's when they calculated up to 31.4 trillion decimal places. It's just interesting and intriguing to humans that a simple shape like circle can be so complex and unsolvable to humans.

I have heard it as a counter argument to Simulation theory that these irrational number like Pi proves that we are not in a simulation.  Some times in fictional stories that shows some advance level aliens who claims to know the true value of Pi.

As a mostly layman when it comes to maths (and sciences) funzies, could it be that one of the goals of continuing to attempt to calculate pi to further digits is to see if there might be a zero in there somewhere (I mean a last digit)? - and then we know how many actual digits pi has, rather than what seems to be an infinite number of digits without a last digit.  

and yes JayJuanGee is right goal may be is to find if there is a last digit, yes you may ask ok what if we found the last digit? Nothing...!!! but it will be another mystery that we humans will be able to solve.

We already know the answer to this: Pi has an infinite number of digits (i.e., there is no "last digit"). This is because Pi is an irrational number (it cannot be expressed as the ratio of two integers). Proof of this dates back to the 18th century (Lambert, 1761). The square root of 2 (1.414...) is another well-known irrational number.

You are absolutely right and for the matter of fact its not only the square root of 2 but all square roots of natural numbers (of course other than of perfect squares) are irrational.

We all (except Jay) know that π is an irrational sonofabitch; but is he normal?  

Normal? before that tell me if Pi is he or she?
----

Well not sure why you need to know this but in first million digits of Pi's only 9 appears 6 times in a row "999999" and that point is called Feynman point

And there are multiple fivers

00000      1 times
11111      1 times
22222      1 times
33333      2 times
44444      0 times
55555      2 times
66666      2 times
77777      0 times
88888      0 times
99999      3 times

and remember Pi is 748/238

Any way to conclude I would argue should we stop here approximating Pi? I would say no, I think we need to continue the quest for a more and bring it on.... not to measure the circumference of the universe but for our own curiosity.

[Phil_S]

77777.77 in 7 days bro.

But first, 55555 

[shahzadafzal]

1 BTC = 1 BTC

or is it

1 BTC == 1 BTC

?

technically the first statement is not a boolean.
but the second statement is TRUE .  

..but if you comparejavascript:void(0); strings you have to use quotes

"1 BTC" == "1 BTC"

Put this way,
"1 BTC" = "1 BTC"
would just raise an error, right?

Well I guess a variable of "1 BTC" could recursively store itself and then lead to an "OutOfMemory" situation.

....

1 BTC = 1 BTC -> 1 BTC
1 BTC == 1 BTC -> true

I am sorry to spoil the fun, but the only right answer is 1 BTC != 1 BTC. Few understand this.

Yes....  1 BTC != 1 BTC

Because 1 BTC is always one, single and only unique 1 BTC... to be more specific among 21 million BTC none of them is equal to any other, they are all unique. Am I right?

One more.... put it in another way logically 1 BTC > 1 BTC

1 BTC (new) > 1 BTC (old)            
1 BTC (tomorrow) > 1 BTC (today)  
1 BTC (future) > 1 BTC (present)

Prove me wrong.

[Gyrsur]

1 BTC = 1 BTC

or is it

1 BTC == 1 BTC

?

technically the first statement is not a boolean.
but the second statement is TRUE .  

..but if you comparejavascript:void(0); strings you have to use quotes

"1 BTC" == "1 BTC"

Put this way,
"1 BTC" = "1 BTC"
would just raise an error, right?

Well I guess a variable of "1 BTC" could recursively store itself and then lead to an "OutOfMemory" situation.

....

1 BTC = 1 BTC -> 1 BTC
1 BTC == 1 BTC -> true

I am sorry to spoil the fun, but the only right answer is 1 BTC != 1 BTC. Few understand this.

Yes....  1 BTC != 1 BTC

Because 1 BTC is always one, single and only unique 1 BTC... to be more specific among 21 million BTC none of them is equal to any other, they are all unique. Am I right?

One more.... put it in another way logically 1 BTC > 1 BTC

1 BTC (new) > 1 BTC (old)            
1 BTC (tomorrow) > 1 BTC (today)  
1 BTC (future) > 1 BTC (present)

Prove me wrong.

oh man, you start to include the Spacetime into this formula! that will be tricky.

i try to express it in code but it can take several years. but time is not important. life is!

[Arriemoller]

Just bought another two batches of dip.

* BobLawblaw shrugs

The purchasing power of this degenerate act will soon measure in acres, whatever an acre is.

I know what an acre is.

[Phil_S]

https://twitter.com/Reuters/status/1371580716547407873

Reuters: Bitcoin ATMs go mainstream in the U.S.

[vapourminer]

All that being said, I am even worse off:  I didn’t buy Bitcoin at $0.06.  (And I didn’t CPU-mine back in 2009, damn it.)

Neither did most of the folks reading this.

In hindsight, Schoen made a stupid sale.  But he made a smart buy.  Did you?

Food for thought.

Well, I think I did. The difference between him and most of us, is that we knew what we were doing (or at least believed in it), while he didn't. If he did, he wouldn't have sold so early, and for such an insignificant total amount. In the end, it's not the relative gain that matters, but the absolute final value of one's wealth. It's much better to invest $50,000 and end up with $1M (20x), than to invest $1 and end up with $1000 (1000x).

Having said that, I also regret not buying Bitcoin at $0.06, and not mining it in the early days. I guess I did not know about it enough at that time, to realise its potential. Funny thing is, I hated the word "Bitcoin" when I first heard it, but now I find it one of the most beautiful-sounding words in any language!

when i 1st started looking into this in 2011 i admit didnt have much faith this would really go anywhere.. just another cool experiment with the possibility of offsetting the price of a shiny new gpu (and that was if i could figure out a way to sell them without getting my identity ripped off, exchanges were sketch af back then). also, i mined it partly because folding@home was going downhill (infighting) and i wanted out of that scene and to be part of something else that had the chance of being worthwhile. and this seemed to coolest project id seen yet.

its just luck i managed to keep some. i lost a lot playing with wallets and things i didnt understand and whatnot, and at only a couple bucks a coin it wasnt worth my time to figure out how to recover lost coins. little did i know.

the fact that any of us older timers (i dont consider myself OG) managed to keep some of our stack is a tribute to either: luck, good backups, and/or real faith in the project. and while as i understood more about it and i had more faith in the project that didnt stop me from selling coins at ridiculously low prices compared to today. back then its future was a lot more nebulous than now of course.

[shahzadafzal]

https://twitter.com/Reuters/status/1371580716547407873

Reuters: Bitcoin ATMs go mainstream in the U.S.

I did use Bitcoin ATM once, that was in Jun 2019 in Tbilisi, Georgia.
To be honest it was very expensive, but coinvent in a sense that i could withdraw cash after just 1 network confirmation.


Prices are in Georgian Lari 1 USD ~ 3.32 Lari

Process was you have to send BTC to the address, once submitted they will give you a redemption code on a paper slip. That code you will use later to withdraw once the network confirmation is done.

Wow just noticed that time BTC price was $6,188.31

I sold my precious 0.00243 BTC just to experience the Bitcoin ATM

[BobLawblaw]

Well, shit is starting to get real on Rancho Lawblaw. Closing on three parcels Friday. ~140 acres total. ~1.3 mile clear shot from one road on the west side of the property, to a main road on east side of the property.

Whee.

Thank you, Satoshi. Wherever you are.

[BitcoinBunny]

https://twitter.com/Reuters/status/1371580716547407873

Reuters: Bitcoin ATMs go mainstream in the U.S.

[BitcoinBunny]

https://twitter.com/Reuters/status/1371580716547407873

Reuters: Bitcoin ATMs go mainstream in the U.S.

I did use Bitcoin ATM once, that was in Jun 2019 in Tbilisi, Georgia.
To be honest it was very expensive, but coinvent in a sense that i could withdraw cash after just 1 network confirmation.


Prices are in Georgian Lari 1 USD ~ 3.32 Lari

Process was you have to send BTC to the address, once submitted they will give you a redemption code on a paper slip. That code you will use later to withdraw once the network confirmation is done.

Wow just noticed that time BTC price was $6,188.31

I sold my precious 0.00243 BTC just to experience the Bitcoin ATM

Hey it's not that much but you may regret in the future if you don't buy it back.

[Arriemoller]

Just bought another two batches of dip.

* BobLawblaw shrugs

The purchasing power of this degenerate act will soon measure in acres, whatever an acre is.

 We've already covered this.  It's 10 square chains and Bob has Blocks of them.

Edit: i hate trying to use the forum from my phone

Yes, it's been covered, it's roughly a barrel of land.