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

[bitcoinPsycho]

In other news


https://www.coindesk.com/markets/2024/09/30/microstrategys-next-bitcoin-purchase-is-likely-to-take-its-holdings-above-grayscales-gbtc/


"The self-described Bitcoin development company currently holds 252,220 bitcoins, but has more than $1 billion in dry powder with which to purchase additional tokens."

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

Monday dips are a trend it seems

[JayJuanGee]

OT:
So after 4 years or so, still all this talk in the MSM about how great AI is, or will be in the future ...

...and still not a single article or discussion about how AI will benefit mankind, create more jobs, create prosperity, increase pay or job security, or anything positive whatsoever.

And people are supposed to be excited about AI because ?

There is of course some obvious advantages
https://blogs.lse.ac.uk/politicsandpolicy/how-ai-could-revolutionise-nhs-healthcare/

Oh goodie... "Health/wellness trackers" that I get to wear 24/7/365 and give me bogus and sus health advice and directives based on "The $cience" collected from the cesspool internet data ?

It's so obvious! Where do I sign up! How did I ever live without this?

Sure it is likely that AI is overhyped, yet there are still applications that are likely going to change the way that things are done, whether we like it or not.  Some applications are within our understanding, including that some AI systems are already being used to increase productivity and to sort through large amounts of data, and frequently we are not going to know some applications until they have been put together perhaps with several unknown steps along the way.  And, will people and jobs be lost?  Sure.  Some jobs will be lost and other kinds of jobs will be gained.   Are there overall benefits to humanity?  Perhaps.  Some of us likely can even recognize several benefits in regards to some old systems that no longer are part of the interactive ways of people.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Bitcoin Smith]

Sure it is likely that AI is overhyped, yet there are still applications that are likely going to change the way that things are done, whether we like it or not.  Some applications are within our understanding, including that some AI systems are already being used to increase productivity and to sort through large amounts of data, and frequently we are not going to know some applications until they have been put together perhaps with several unknown steps along the way.  And, will people and jobs be lost?  Sure.  Some jobs will be lost and other kinds of jobs will be gained.   Are there overall benefits to humanity?  Perhaps.  Some of us likely can even recognize several benefits in regards to some old systems that no longer are part of the interactive ways of people.

That's always been the case with the technological evolutions, so jobs will be impacted whenever new emerges and the remains will fade away but it's also going to open the flood gates of whole new sets of opportunities so one must have to prepare themselves for adaption and finding a spot for ourselves in the new landscape and overall that's how humans survived for this long they just change things according to what's needed so the same way they have to find a way to make it happens for them instead of whining that it's gonna take away my job and this is the end like that.

[LFC_Bitcoin]

Uptober is close,
Losers selling corn today,
We laugh in their face.

-Last day of Q3 Haiku-

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vroom]

OT:

So after 4 years or so, still all this talk in the MSM about how great AI is, or will be in the future ...

...and still not a single article or discussion about how AI will benefit mankind, create more jobs, create prosperity, increase pay or job security, or anything positive whatsoever.

And people are supposed to be excited about AI because ?

there are many ways where mankind can benefit from AI but people like to focus on AI pictures. Just to name 2 examples with great potential:

alphafold will help us to make better drugs: https://deepmind.google/technologies/alphafold/
and GNoME, another AI for material science: https://deepmind.google/discover/blog/millions-of-new-materials-discovered-with-deep-learning/

AI is more then pretty pictures

[Phil_S]

Real 'killer app' would be robots with 'AI brains' doing tricky manual labor, like building a house, from start to finish, without humans.

[wavessurfing]

for sure, main "advantage" of IA is to increase confusion.

https://nitter.poast.org/thelanceadams/status/1823590341112471785

[Bitcoin Smith]

Rocket High
Then Crashes for coffee cash
HODL for dear life..!

_{Read somewhere...}

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Uptober is close,
Losers selling corn today,
We laugh in their face.

-Last day of Q3 Haiku-

$100K around the corner,
Like a woman of the night,
We long for her still.

I wanted to try so I thought I’d give haiku writing a shot.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Richy_T]

And people are supposed to be excited about AI because ?

What gets me is some pundits are talking about how we'll need vastly increased energy production to run all the AI we'll need. My question is what material benefit is AI providing for all this energy use? Steam/electricity and computers/internet allowed for huge productivity gains but it seems like AI might just make a load of people redundant. Of course, there's a good chance it will provide benefits we can't even imagine but there's a good chance things are about to get dicey.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

Uptober is close,
Losers selling corn today,
We laugh in their face.

-Last day of Q3 Haiku-

$100K around the corner,
Like a woman of the night,
We long for her still.

I wanted to try so I thought I’d give haiku writing a shot.

Syllable count is off though.

[philipma1957]

Uptober is close,
Losers selling corn today,
We laugh in their face.

-Last day of Q3 Haiku-

$100K around the corner,
Like a woman of the night,
We long for her still.

I wanted to try so I thought I’d give haiku writing a shot.

Syllable count is off though.

yeah first line has 8 syllables

[vapourminer]

And people are supposed to be excited about AI because ?

What gets me is some pundits are talking about how we'll need vastly increased energy production to run all the AI we'll need. My question is what material benefit is AI providing for all this energy use? Steam/electricity and computers/internet allowed for huge productivity gains but it seems like AI might just make a load of people redundant. Of course, there's a good chance it will provide benefits we can't even imagine but there's a good chance things are about to get dicey.

picture chartbuddy suddenly deciding to display the chart in every person on earths eyeballs via lazer drones or some such and it commandeers the entire planets resources to make it happen.  much as i like chartbuddy im unsure if i like it