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

[ChartBuddy]

Explanation

[AlcoHoDL]

BTW, don't blindly trust what OpenAI says. I asked it a technical question, and the answer was totally wrong (albeit with perfect English).

It learns though. I challenged its response, citing a source that proved it was wrong. It apologized, and answered correctly the next time I asked the same question.

Based on the few interactions I've had with it, it's a natural language-polished source of raw data, without much "concern" about their accuracy or even correctness. Don't rely on it. Not yet anyway.

Apparently its really good at coming up with creative solutions to coding problems. The way it "thinks" about coding is uninhibited by traditional concepts of what commands can or should be used for what, allowing it to generate sleek, perfectly-functioning code.

Very nice, but here's an important question: is the resulting code generated by the AI itself, or is it just being pulled off some page on the internet, based on the real (human) programmer's description and how well it matches the query? In any case, how can one be sure that the code is bug-free? Also, is the AI engine capable of avoiding, detecting, and possibly correcting, bugs that are more complex than syntax errors or simple overflow/memory corruption cases? I'm talking generally here, and not specifically about the code you posted.

The possibilities of an AI generating efficient code that goes beyond conventional coding practices is very exciting, but I would avoid using the generated code in a copy/paste fashion. I'd prefer to have the AI check my own code, in case it can spot bugs I missed. But then, not everyone would want to send their own code to an AI.

Regardless of the above concerns, I'm sure we'll see significant and very exciting developments in the AI field.

[nutildah]

is the resulting code generated by the AI itself, or is it just being pulled off some page on the internet, based on the real (human) programmer's description and how well it matches the query?

Its completely novel.

In any case, how can one be sure that the code is bug-free? Also, is the AI engine capable of avoiding, detecting, and possibly correcting, bugs that are more complex than syntax errors or simple overflow/memory corruption cases? I'm talking generally here, and not specifically about the code you posted.

I haven't seen it put into wide practice yet but for this particular problem the answer was extremely straight-forward and doesn't leave room for error. I'm sure it is also capable of making buggy code as well.

The possibilities of an AI generating efficient code that goes beyond conventional coding practices is very exciting, but I would avoid using the generated code in a copy/paste fashion. I'd prefer to have the AI check my own code, in case it can spot bugs I missed.

The difference is it is capable of putting things together that don't normally go together, that most programmers would never consider as a possibility. But yes it is all highly context dependent. I just thought it was really interesting that it was even capable of such a thing.

[ChartBuddy]

Explanation

[jojo69]

BTW, don't blindly trust what OpenAI says. I asked it a technical question, and the answer was totally wrong (albeit with perfect English).

It learns though. I challenged its response, citing a source that proved it was wrong. It apologized, and answered correctly the next time I asked the same question.

Based on the few interactions I've had with it, it's a natural language-polished source of raw data, without much "concern" about their accuracy or even correctness. Don't rely on it. Not yet anyway.

Apparently its really good at coming up with creative solutions to coding problems. The way it "thinks" about coding is uninhibited by traditional concepts of what commands can or should be used for what, allowing it to generate sleek, perfectly-functioning code.

[ChartBuddy]

Explanation

[shahzadafzal]

I don’t know why but I felt it amusing… sorry for thevinnocent people who lost their savings but Apple, Binance and Netflix hahaha 🤣

So they all fell for the scam?

JUST IN: FTX owes money to Apple, Binance, Coinbase, Netflix, Southwest Airlines, and others, filing shows.

https://twitter.com/watcherguru/status/1618613006639980550

[BitcoinBunny]

I don’t know why but I felt it amusing… sorry for thevinnocent people who lost their savings but Apple, Binance and Netflix hahaha 🤣

So they all fell for the scam?

JUST IN: FTX owes money to Apple, Binance, Coinbase, Netflix, Southwest Airlines, and others, filing shows.

https://twitter.com/watcherguru/status/1618613006639980550

Either SBF was a genius.....

Everything that has transpired has done so according to my design.



Or he was a complete and utter imbecile....


I know-ah nothing. I learn the English from a book. I know-ah nothing. How are-ah you? Why you look upset with the anger? What is the bit of a coin? What you lose? I exchange? What is the C I O? I run the company? FTX? What the Fuck TX mean? I know-ah nothing. How are-ah you?

[ChartBuddy]

Explanation

[JayJuanGee]

I cancelled my Friday DCA I had made 1x fiat for:
Nov 04 1x
Nov 11 1x
Nov 18 1x
Nov 25 1x
Dec 02 1x
Dec 09 1x
Dec 16 1x
Dec 23 1x
Dec 30 1x
Jan  06 1x
Jan  13 1x
Jan  20 1x
total of 12 fiat pieces of corn
I now have a 2x fiat Dca on Weds

Jan 25 2x

We also are looking into buying a lot of this item
https://youtu.be/xoOPMKbUj9g?t=1

I don’t often quote myself but

Oh gawd... 

this short dca under 90 days and 14 units of fiat put in would be worth 17 units of fiat.

so 1btc=1btc.

but 14x fiat is now 17x fiat in under 90 days.
not bad.

I don't really mind the idea that you are making some short-term measures, but the real measures with long term investing, DCA and other ways of accumulating that might fall into buying on dips and lump sum investments tend to be better measured 4-10 years or longer in advance.  Of course, in bitcoin historically, we have had a lot of fairly regular great bouts of volatility, so there will be periods of time in which a lot of profits can be measured in a short period of time.. but still even if someone might find a lot of profits, even in a one 4-year cycle period, the real compounding seems to take place over a couple of cycles or perhaps more, even though of course there are no real guarantees that UPpity will continue.. 

next dca buy will be feb 1

Be like JJG just do your dcas

BTW this is not spot picked since I announced it from week one and showed it from week one to the other weeks.

Of course, part of the difference with you is that you had said that you sold a decent amount of BTC at around $20k.. so I wonder if you even got back all that you sold at around the $20k?  That's one of the risks of selling on the way down rather than on the way up... so usually if you sell on the way up, then you can pretty much structure that you don't lose either way.. so long as the BTC price continues to go up in the long term and you are mostly in profits and you are largely accumulating BTC... but if you are short-term measuring in fiat or even switching your ways of measuring, then you may well ONLY be telling one side of the story.

Another thing is that anyone who started DCA'ing in the past 2-3 years may well still be a decent amount underwater currently.. depending on how they did it in terms of how much front loading that they might have done, whether they employed leverage and/or if they have had a sufficient amount of cashflow and/or dry powder to keep buying when the BTC prices were down (such as below $20k), and we cannot even presume that the $15,479 bottom from November 20 is the lowest that we are going to get for this cycle.

For sure, I would like the BTC price to get back above the 200-week moving average.. which had historically tended to be a floor/bottom price point for BTC (and is currently at about $24,685).. and then I am not sure if I am going to get a lot of confidence that the bottom is in until staying above the 200-week moving average for a significant period of time, and perhaps even getting somewhere close to the 100-week moving average (which is currently at about $37,321).. .. and of course, our ongoing historical low BTC prices and the possibilities that we might have a decent amount of more down (which also is far from guaranteed because we could just go up from here for a bit more, too).. still seems to justify ongoing buying such as DCA for anyone who has not sufficiently and adequately established their BTC stake, which is what?  somewhere between 1% and 25% for normies just getting in (or between 1% and 25% would apply for newbie institutions and newbie governments, too)... if you are just getting into BTC you have to start somewhere  and figure out your level of aggressiveness in terms of what your BTC accumulation levels might be.. how aggressive? and what might be a reasonable/prudent allocation?  Those details can be studied as doing initial reasonable levels of DCA at these prices.. and perhaps a bit of front loading, too?  Don't come crying to me if you lose money?

[El duderino_]

I was a friend …. To the sane BoB - still am….
Still got love for him, nohomo

I can't imagine why.

You were honestly one of the biggest disappointments to me.

Yeah well you know

That just like your opinion man

Not gonna go deeper on it……
Take care, be well again

-better sooner than later

Btw, merit shower would have been larger if it was possible n/k

[JayJuanGee]

Crypto these days 😂😂

Soruce: TGM

Poets hodling?
O que será que será?
Chico Buarque?
#haiku

Hodl?  If you already established your BTC stash prior to 3 years ago, perhaps you can just HODL through this - especially depending on your stash..

Otherwise you should be buying.. it seems to this here kitty.

Another thing?  Have you established your BTC accumulation, such as 1% to 25% or some other level that you personally figured out?  and even if you believe that you have figured out your sufficient/adequate accumulated amount, might you not need to go over those numbers?  perhaps pick up a bit more? Oh? and another question might deal with whether you might have already picked up some more lillie fiends during various points in the dip since about May/June.. bought some in the lower $20ks or even bought some in the sub $20k price arena?  and yes, likely depends on details of your own situation, so blanket HODL seems to be an outlier scenario.... especially given another fact that we likely have 98.62163449% (I am trying to get in the habit of rounding out to 8 intergers after the decimal) or so of the whole world's population that are either low coiners or no coiners. 

[Macadonian]

I should not need to say this but BUY YOU FOOLS

[ChartBuddy]

Explanation

[philipma1957]

<snip>

I don't really mind the idea that you are making some short-term measures, but the real measures with long term investing, DCA and other ways of accumulating that might fall into buying on dips and lump sum investments tend to be better measured 4-10 years or longer in advance.  Of course, in bitcoin historically, we have had a lot of fairly regular great bouts of volatility, so there will be periods of time in which a lot of profits can be measured in a short period of time.. but still even if someone might find a lot of profits, even in a one 4-year cycle period, the real compounding seems to take place over a couple of cycles or perhaps more, even though of course there are no real guarantees that UPpity will continue.. 

[/quote]

I intend to show a long dca for over a year with fiat and btc updating

[shahzadafzal]

BTW, don't blindly trust what OpenAI says. I asked it a technical question, and the answer was totally wrong (albeit with perfect English).

It learns though. I challenged its response, citing a source that proved it was wrong. It apologized, and answered correctly the next time I asked the same question.

Based on the few interactions I've had with it, it's a natural language-polished source of raw data, without much "concern" about their accuracy or even correctness. Don't rely on it. Not yet anyway.

Apparently its really good at coming up with creative solutions to coding problems. The way it "thinks" about coding is uninhibited by traditional concepts of what commands can or should be used for what, allowing it to generate sleek, perfectly-functioning code.

Very nice, but here's an important question: is the resulting code generated by the AI itself, or is it just being pulled off some page on the internet, based on the real (human) programmer's description and how well it matches the query? In any case, how can one be sure that the code is bug-free? Also, is the AI engine capable of avoiding, detecting, and possibly correcting, bugs that are more complex than syntax errors or simple overflow/memory corruption cases? I'm talking generally here, and not specifically about the code you posted.

The possibilities of an AI generating efficient code that goes beyond conventional coding practices is very exciting, but I would avoid using the generated code in a copy/paste fashion. I'd prefer to have the AI check my own code, in case it can spot bugs I missed. But then, not everyone would want to send their own code to an AI.

Regardless of the above concerns, I'm sure we'll see significant and very exciting developments in the AI field.

Regarding the code which AI generates is pure self written since they fed millions of docs that includes documentation of languages such Javascript, Python etc. Regarding bitcoin code, it's so well documented online that it must have been easy to identify such recommendations. Now the same question which you raised is this code bug free? Answer might be yes and no because bug free may be yes but does it fit in your situation and does it comply in the context you want to put in is a logical question and for that you can't blame AI. Same the for code generated by AI does it need to be added in Bitcoin is not an AI specific question answer.

Yes I have been obsessed with and I believe it’s a disruptive technology but still responsibility comes on the end user. In some cases you have to lead the ChatGPT step by step in a specific way to let it spit out what you are looking for. For example in some cases it might be total nonsense.

But then check this twitter thread

"You're not going to believe this, but I just Orange Pilled #ChapGPT. It is now a Bitcoiner. See this conversation, it's incredible. (Thread)"
https://twitter.com/parman_public/status/1618544171337515008

He led the ChatGPT from Central Banking, a curse to humanity to a Bitcoin solution


https://twitter.com/parman_public/status/1618544171337515008

It's interesting to read but that raises a question: whose intelligence is this? The user's or the AI itself?

[JayJuanGee]

BTW, don't blindly trust what OpenAI says. I asked it a technical question, and the answer was totally wrong (albeit with perfect English).

It learns though. I challenged its response, citing a source that proved it was wrong. It apologized, and answered correctly the next time I asked the same question.

Based on the few interactions I've had with it, it's a natural language-polished source of raw data, without much "concern" about their accuracy or even correctness. Don't rely on it. Not yet anyway.

Apparently its really good at coming up with creative solutions to coding problems. The way it "thinks" about coding is uninhibited by traditional concepts of what commands can or should be used for what, allowing it to generate sleek, perfectly-functioning code.

Very nice, but here's an important question: is the resulting code generated by the AI itself, or is it just being pulled off some page on the internet, based on the real (human) programmer's description and how well it matches the query? In any case, how can one be sure that the code is bug-free? Also, is the AI engine capable of avoiding, detecting, and possibly correcting, bugs that are more complex than syntax errors or simple overflow/memory corruption cases? I'm talking generally here, and not specifically about the code you posted.

The possibilities of an AI generating efficient code that goes beyond conventional coding practices is very exciting, but I would avoid using the generated code in a copy/paste fashion. I'd prefer to have the AI check my own code, in case it can spot bugs I missed. But then, not everyone would want to send their own code to an AI.

Regardless of the above concerns, I'm sure we'll see significant and very exciting developments in the AI field.

Makes a guy/gal go "hm?"  If you do not want to send your code to an AI (for proof-reading or whatever), then it's almost like you have to create your own bot for that purpose, and forbid such bot from sharing your information with other bots (a kind of bot NDA - to the extent you can trust a fucking bot to not stab you in the back - back stabbin bot, bawb?).

I don’t know why but I felt it amusing… sorry for thevinnocent people who lost their savings but Apple, Binance and Netflix hahaha 🤣
So they all fell for the scam?
JUST IN: FTX owes money to Apple, Binance, Coinbase, Netflix, Southwest Airlines, and others, filing shows.
https://twitter.com/watcherguru/status/1618613006639980550

Either SBF was a genius.....
Everything that has transpired has done so according to my design.

Or he was a complete and utter imbecile....
I know-ah nothing. I learn the English from a book. I know-ah nothing. How are-ah you? Why you look upset with the anger? What is the bit of a coin? What you lose? I exchange? What is the C I O? I run the company? FTX? What the Fuck TX mean? I know-ah nothing. How are-ah you?

I don't know why it has to be either or, and also, there were a lot of fucking people involved in this.. he was not even close to competent enough to set up that many different organizations.. even though sure, he had some leadership, figure head and even playing the part of acting like he knew what the fuck was going on, including some of the various obvious fake bullshit.. but then people say that they had some pretty good code in terms of some of the trading engine design.. even though it was stealing money at the same time.. .. full time stealing?  not sure about that..  I did not even use that exchange at all, so I can ONLY speak to what people were saying about it.. and yeah if there are some products that were innovative.. but they were illegal too.. but maybe they were just overly risky, but sometimes there can still be some interesting trading pairs if they had not been manipulated that could be figured out ways to make legal.. maybe?

[Paashaas]

snip

Gallbladder surgery successfully conducted without any complications and her health has a positive prosperous outcome.

Went to the beach today, of course not for a long walk but for some fresh air and having lunch at the restaurant that is located near us. Gave her a hand to hold on for extra balance was necessary.

Vacation to Egypt postponed which i hope will be fruitful without any unexpected circumstances.

[ChartBuddy]

Explanation

[AverageGlabella]

snip

Gallbladder surgery successfully conducted without any complications and her health has a positive prosperous outcome.

Went to the beach today, of course not for a long walk but for some fresh air and having lunch at the restaurant that is located near us. Gave her a hand to hold on for extra balance was necessary.

Vacation to Egypt postponed which i hope will be fruitful without any unexpected circumstances.

Congrats on the successful surgery! I know how painful that can be and the surgery is 100% worth the recovery. Speedy recovery to your wife!