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

[Dabs]

.. has never really ended - still ongoing

It's actually done already, over 3 years ago. You have your own separate blockchains to play with as much as you please.

[jojo69]

[DaRude]

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.

It becomes irrelevant once we hit Planck length, 3 somethign is good enough. So still inside a simulation

[ivomm]

[DaRude]

I got filled on some 62k calls for Friday. If we can get close to there by Friday maybe I'll come out of this ok. #soldputsatthetop

Ouch, first sold calls that went in the money and now sold puts that are in the money. Perhaps someone is a bit too aggressive with their strikes? So far you've been a great counter indicator, appreciate you honestly logging your trades. Some in here keep thinking that options are free money.

[shahzadafzal]

“The Ridiculous Way We Used To Calculate Pi”
Newton Fixed It!
https://youtu.be/gMlf1ELvRzc

[rdbase]

Since we are in the mood for these NFT a'la the ICO craze many moons ago.

Elon selling his NFT song for $420 million.
This has got to be a reefer madness joke in there some where from his interview with Joe Rogan sparking up a blunt.

https://u.today/elon-musk-wants-to-be-paid-420-million-dogecoin-tokens-for-his-nft

edit: 420 mln in dogecoin that is. Sorry about that, celebrating St.Patrick's day a bit too early today.

[DaRude]

https://blog.bitmex.com/the-blocksize-war/

Book Published: The Blocksize War
BitMEX Research 15 Mar 2021

We are delighted to announce the publication of a new book by BitMEX Research. The book covers the major twists and turns of Bitcoin’s blocksize war, which raged on inside the Bitcoin space for over two years, from mid 2015 to late 2017. The book is available on Amazon now.

[...]

The book will also be published on the BitMEX Research blog. Each of the 21 chapters will be made available weekly, every Monday, at around 9:00am UTC. Starting on 22 March 2021.

.. has never really ended - still ongoing

Just a flesh wound! My first thought was of those Japanese holdout soldier still fighting years after the war has ended https://en.wikipedia.org/wiki/Teruo_Nakamura

[macson]

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!

my math is bad "lol".  this is really terrible, if I buy Bitcoin when it price $0.06, I just hope to forget about Bitcoin for a moment and remember Bitcoin 10 years later

#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.

100% agree with you, he an very smart buyer.  me when Bitcoin was price $0.06 was a college student who just got a blackberry cell phone gift from my parents "lol"

[Dabs]

Just a flesh wound! My first thought was of those Japanese holdout soldier still fighting years after the war has ended https://en.wikipedia.org/wiki/Teruo_Nakamura

I believe the last of them were hiding in some mountains in the Philippines. They eventually got out after a journalist told them the war was over and he finally believed it.

https://en.wikipedia.org/wiki/Hiroo_Onoda
https://edition.cnn.com/2014/01/17/world/asia/japan-philippines-ww2-soldier-dies/index.html

Oh, I guess he was the second to the last one.. oh well.

[DeathAngel]

[Parazyd]

You're doing the right thing Billy!

[nullius]

You're doing the right thing Billy!

If the market were being manipulated (“if”—#justsaying), I would expect that now would be the time to be pushing it down.  That way, the sheep will fear that Bitcoin is crashing; so they will buy junk at Walmart Amazon instead of buying Bitcoin.  (I mean, the ones who aren’t starving and/or homeless.)

Longtime Bitcoiners see a bargain Bitcoin sale.  But as for others—how many people actually buy the dip?  Instead, they wait and then catch bull run FOMO.  It’s almost as if people want to buy when it’s more expensive—no, it’s exactly like that.  Human psychology.

Although many of these dollars will probably be DuPMed into Bitcoin, more would be, if the money hit last week.  Just saying...


The Wall Observer is not immune to similar effects.  When the price is jumping upwards, this thread jumps 10+ pages per day.  When the price is flat or in a dip, this place is dead.

I actually use WO activity as a crude proxy for Bitcoin’s current momentum.

[Parazyd]

You're doing the right thing Billy!

If the market were being manipulated (“if”—#justsaying), I would expect that now would be the time to be pushing it down.  That way, the sheep will fear that Bitcoin is crashing; so they will buy junk at Walmart Amazon instead of buying Bitcoin.  (I mean, the ones who aren’t starving and/or homeless.)

Longtime Bitcoiners see a bargain Bitcoin sale.  But as for others—how many people actually buy the dip?  Instead, they wait and then catch bull run FOMO.  It’s almost as if people want to buy when it’s more expensive—no, it’s exactly like that.  Human psychology.

Although many of these dollars will probably be DuPMed into Bitcoin, more would be, if the money hit last week.  Just saying...

You could say the same has been happening for the past ten years, yet here we are.

[bitbollo]

...
Elon selling his NFT song for $420 million.
...

About song and NFT, Aphex Twin has sold https://cointelegraph.com/news/electronic-music-pioneer-aphex-twin-sells-nft-for-127k-in-ether a NFT for 127k USD
This is a crazy mania but I don't know if I am just to old for this ...

[infofront]

[vroom]

...
Elon selling his NFT song for $420 million.
...

About song and NFT, Aphex Twin has sold https://cointelegraph.com/news/electronic-music-pioneer-aphex-twin-sells-nft-for-127k-in-ether a NFT for 127k USD
This is a crazy mania but I don't know if I am just to old for this ...

I'm not sure what to make of NFT's. With NFT's you can now buy digital originals but no one is preventing others from making and distributing a 1:1 copy of the original. No one can distinguish the copy from the original. So what's the point?

Couldn't everyone offer an NFT for copies?

With real art, the picture of the Mona Lisa for example, there will never be a perfect copy. Experts will always recognize replicas.

[Hueristic]

Since we are in the mood for these NFT a'la the ICO craze many moons ago.

Elon selling his NFT song for $420 million.
This has got to be a reefer madness joke in there some where from his interview with Joe Rogan sparking up a blunt.

https://u.today/elon-musk-wants-to-be-paid-420-million-dogecoin-tokens-for-his-nft

edit: 420 mln in dogecoin that is. Sorry about that, celebrating St.Patrick's day a bit too early today.

This is how the shitcoin whales can legally reward him.

[serveria.com]

Get ready for some hardcore stimmie check pumping guys! 

[El duderino_]

With the entire world looking for a store of value to replace bonds, gold, stocks, ETFs, real estate, & cash, it is inevitable that more & more successful investors like Howard Marks are going to discover, research, & embrace #Bitcoin.

https://twitter.com/michael_saylor/status/1371873126766809091?s=20