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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[heslo]

Fucking oath they are!

[OgNasty]

I urge everyone to watch Roger Ver’s interview with Tucker Carlson discussing the hijacking of Bitcoin, censorship, and the United States government’s overreach. I also think if you care about Bitcoin or freedom, you should sign his petition at https://www.freerogernow.org/ as Roger does not deserve life in prison.

Tucker Carlson - HIJACKED: https://youtu.be/dbLHXOipQN4

Fuck Bcash 

It really is sad seeing this attitude in the community.  I think people who were around in 2011 know that Roger was one of the greatest assets in Bitcoin's history.  Without him, I don't think Bitcoin would have seen the success that it did early on.  Sure, he made some mistakes.  "Bcash" wasn't one of them though.  Open source projects can be forked and after developers backstabbed the entire ecosystem by giving everyone the finger after segwit was activated instead of doing what they agreed to do in the New York Agreement, it was not only the right thing to do, it was necessary.  We all likely profited from it as well and at worst we were given an additional option.  I hope that whatever happens, history remembers Roger and Gavin (Andresen) as the pioneers they are.  Without both of them, I may have never even pursued Bitcoin as a serious thing.

[Hhampuz]

developers backstabbed the entire ecosystem by giving everyone the finger after segwit was activated instead of doing what they agreed to do in the New York Agreement

segwit2x and that "agreement" would have killed everything BTC stands for. I can appreciate early RV and what he did but the full on bcash sellout will always trump anything else. Am I making shit up now or didn't he even go as far as saying that he knew craig was satoshi??

[Biodom]

OT: Google's quantum computer.
https://techcrunch.com/2024/12/10/google-says-its-new-quantum-chip-indicates-that-multiple-universes-exist/
and
https://blog.google/technology/research/google-willow-quantum-chip/

Willow’s performance on this benchmark is astonishing: It performed a computation in under five minutes that would take one of today’s fastest supercomputers 1025 or 10 septillion years. If you want to write it out, it’s 10,000,000,000,000,000,000,000,000 years. This mind-boggling number exceeds known timescales in physics and vastly exceeds the age of the universe. It lends credence to the notion that quantum computation occurs in many parallel universes, in line with the idea that we live in a multiverse, a prediction first made by David Deutsch.

The logic of this is difficult to follow for me: they claim that the fact that their quantum computer is so much faster than the regular computer (does something in 5min that "regular"supercomputer can only do in 10^25 years, which is roughly 1 million billion times longer than our Universe existed somehow indicates that the quantum computer uses parallel universes to do the calculations. This just does not seem right to me.

However, I can imagine the quantum computer "spawning" those universes, maybe virtually, to "help" it's calculations.
Otherwise, it is not clear to me how it managed to link up with those preexisting universes as there is nothing there that one might consider an interface.
I read the D. Deutsch book, but the argument there was just as unclear. Perhaps, I am just not getting it.

[d_eddie]

OT: Google's quantum computer.
https://techcrunch.com/2024/12/10/google-says-its-new-quantum-chip-indicates-that-multiple-universes-exist/
and
https://blog.google/technology/research/google-willow-quantum-chip/

Perhaps, I am just not getting it.

Or perhaps, the journalists are reporting a load of bullshit, because they didn't understand, either.

Of course if the scientists at Google could be so kind to explain specifically which kind of calculation this machine is performing - say, naming a well-known algorithm for some complex problem, or showing us the equivalent non-quantum code - then someone might be able to figure it out. I hope they will publish the details soonish.

[Biodom]

OT: Google's quantum computer.
https://techcrunch.com/2024/12/10/google-says-its-new-quantum-chip-indicates-that-multiple-universes-exist/
and
https://blog.google/technology/research/google-willow-quantum-chip/

Perhaps, I am just not getting it.

Or perhaps, the journalists are reporting a load of bullshit, because they didn't understand, either.

Of course if the scientists at Google could be so kind to explain specifically which kind of calculation this machine is performing - say, naming a well-known algorithm for some complex problem, or showing us the equivalent non-quantum code - then someone might be able to figure it out. I hope they will publish the details soonish.

right...solve something anybody could understand, but, please, stay away from SHA-256, albeit they are still 1-2 orders of qubits numbers away.

back to bitcoin: i was looking at the numbers at the beginning of cycle 9-maybe somewhere in 2036 (most likely early 2036 or even late 2035 aka 11.5-12 years, typically):
at the start of cycle 9 there would be 20917968.75 bitcoins in circulation (99.6% already issued)
and 0.1953 btc/block (https://en.bitcoin.it/wiki/Controlled_supply).

Let's assume btc power use increases 20% a year from now, so about 10X in 12 years.
I think that these are realistic and maybe minimal numbers considering that energy use by bitcoin climbed at about 60-65% per year average during the last 7 years.
The minimal price should be current minimal profitability price of say, about (50K)X10X (increase in power use)X(3.25/0.1953)(this is a coefficient of reduction in block size)=$8.3mil/btc, which is quite close to the numbers being talked about elsewhere..

[philipma1957]

well if there are parallel universes are they infinite ♾️

if they are infinite and this google pc hooked up with all the infinite ♾️ pcs

is it god?

would be super smart.

were we people mere fools or meat puppets  that other q pcs directed to make one more link 🔗 in what will be an infinite pc.


Seems to me we should wreck it and ban q pcs.

but what do i know.

reminds me of an old moody blues album.

https://www.youtube.com/watch?v=mgHvIFxGT0c 💿

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

developers backstabbed the entire ecosystem by giving everyone the finger after segwit was activated instead of doing what they agreed to do in the New York Agreement

segwit2x and that "agreement" would have killed everything BTC stands for.

That is a ridiculous take.  The lies that were told to make people believe that Bitcoin couldn't handle a 2mb blocksize limit took an absolute army of censorship to push on the community.  It is a lie and anybody who takes the time to think about it should come to that conclusion.  If technology in 2009 was fine to make things work with a 1mb blocksize limit, you really believe a 2mb blocksize limit would have had any negative effects nearly a decade later with the advancements to networks and reduction in storage costs? 

Bitcoin was an open source project.  They fork when evil gets control of a project.  It's a feature, not a bug.  It sounds like you've sipped a little too much of the Blockstream kool-aid.  The fact Bitcoin in it's current form was built on lies, censorship, and backstabbing should be an embarrassment to us all.  I wish Gavin would have never stepped away.  Blockstream bought the developers and tried to bully their way into controlling the entire Bitcoin infrastructure.  What killed everything Bitcoin stood for is a company artificially limiting blocks to push their own bullshit patented scaling solution by paying off developers or just plain bullying them out of their roles.  Only Cobra had the nuts to tell them to go fuck themselves when they came for bitcoin.org.

[AlcoHoDL]

OT: Google's quantum computer.
https://techcrunch.com/2024/12/10/google-says-its-new-quantum-chip-indicates-that-multiple-universes-exist/
and
https://blog.google/technology/research/google-willow-quantum-chip/

Willow’s performance on this benchmark is astonishing: It performed a computation in under five minutes that would take one of today’s fastest supercomputers 1025 or 10 septillion years. If you want to write it out, it’s 10,000,000,000,000,000,000,000,000 years. This mind-boggling number exceeds known timescales in physics and vastly exceeds the age of the universe. It lends credence to the notion that quantum computation occurs in many parallel universes, in line with the idea that we live in a multiverse, a prediction first made by David Deutsch.

The logic of this is difficult to follow for me: they claim that the fact that their quantum computer is so much faster than the regular computer (does something in 5min that "regular"supercomputer can only do in 10^25 years, which is roughly 1 million billion times longer than our Universe existed somehow indicates that the quantum computer uses parallel universes to do the calculations. This just does not seem right to me.

However, I can imagine the quantum computer "spawning" those universes, maybe virtually, to "help" it's calculations.
Otherwise, it is not clear to me how it managed to link up with those preexisting universes as there is nothing there that one might consider an interface.
I read the D. Deutsch book, but the argument there was just as unclear. Perhaps, I am just not getting it.

One could make an algorithm arbitrarily slow, so that it could take several times the age of our universe (which is an estimate based on our current understanding) to compute. Think of using an abacus to solve a complex problem. The fact that a modern computer (quantum or not) can solve the same problem near-infinitely faster does not mean it's somehow using parallel universes to solve it.

I'm not buying it.

[Hueristic]

Fucking oath they are!

I miss mine dearly.

[AlcoHoDL]

A lot off topic but had to share with someone cos I'm trying to stay strong for my wife at the moment. Children for us are off the cards due to medical reasons so we've got two beautiful dogs. Unfortunately, our eldest, Nismo, well he's fallen very ill and in a few hours barring a miracle I'll likely be saying goodbye to him for the last time. Back in 2020 he had to have spinal surgery which cost a lot of money (would spend it again in a heartbeat) and BTC helped him there too. Sadly, doesn't look like money will solve the problem today.

If you have dogs, hold them extra tight for me tonight, they really are the greatest gift and best friend. I truly am lucky to have had his light shine on our lives for the last 14 years. I'll post a picture of him later just so everyone can appreciate him and how amazing he was/is

Anyway sorry for the off topic but yeah.... I'm just heartbroken

I just saw this and very sorry for your loss/upcoming loss.
Some people clone their beloved pets.
I could see both sides of the argument: it would be the same dog genetically, but it would have to learn to love you again.
Cost is about 0.5 btc, give or take ($50,000).
I was just recently reading an article about it.
EDIT: just for description..I think the article was saying that they need an ear from the recently deceased pet (not frozen). I don't recall much else apart from the fact that cloning is now very efficient, but dogs are more challenging to clone.
Not sure if i have seen this article or another one:
https://nypost.com/2024/11/14/lifestyle/the-50000-dog-cloning-business-is-booming/

I could never do that, he'd never be the same personality and that's what and where the real love came from but thank you for your condolences. Here are two pictures that capture him perfectly, I know most won't care but that's ok. If any of you do have dogs, please hold them tight for me. Little Nismo is gone now but he lives on in all the treasured memories he left behind

Sorry for your loss man...

About cloning, I also wouldn't do it. It wouldn't be the same dog in all things that mattered. Also, I can think of a better use of $50,000 to help a real child in need, than cloning my dog and pretend I resurrected it just because it looks the same.

I never had a pet in my life, due to city life constraints, but have played with friends' dogs and can say that they are really lovable, and extremely loyal -- more than most humans usually are.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

I urge everyone to watch Roger Ver’s interview with Tucker Carlson discussing the hijacking of Bitcoin, censorship, and the United States government’s overreach. I also think if you care about Bitcoin or freedom, you should sign his petition at https://www.freerogernow.org/ as Roger does not deserve life in prison.

Tucker Carlson - HIJACKED: https://youtu.be/dbLHXOipQN4

Sorry, OgNasty, but I cannot support someone like Roger Ver, after what he's done to the Bitcoin space re. BCH (a.k.a. Bcash lol). He may have had good intentions, and contributed to the Bitcoin cause at the start, but later on he got confused, he trusted some toxic individuals (CSW for one), and ended up becoming a bitter individual, Bcash evangelist and an opponent to Bitcoin. That's my impression anyway.

As for Tucker Carlson spewing his creationist agenda every chance he gets, well, no further comment there...

[Hueristic]

    “To the Feds, I'll keep this short, because I do respect what you do for our country. To save you a lengthy investigation, I state plainly that I wasn't working with anyone. This was fairly trivial: some elementary social engineering, basic CAD, a lot of patience. The spiral notebook, if present, has some straggling notes and To Do lists that illuminate the gist of it. My tech is pretty locked down because I work in engineering so probably not much info there. I do apologize for any strife of traumas but it had to be done. Frankly, these parasites simply had it coming. A reminder: the US has the #1 most expensive healthcare system in the world, yet we rank roughly #42 in life expectancy. United is the [indecipherable] largest company in the US by market cap, behind only Apple, Google, Walmart. It has grown and grown, but as our life expectancy? No the reality is, these [indecipherable] have simply gotten too powerful, and they continue to abuse our country for immense profit because the American public has allowed them to get away with it. Obviously the problem is more complex, but I do not have space, and frankly I do not pretend to be the most qualified person to lay out the full argument. But many have illuminated the corruption and greed (e.g.: Rosenthal, Moore), decades ago and the problems simply remain. It is not an issue of awareness at this point, but clearly power games at play. Evidently I am the first to face it with such brutal honesty.”

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[heslo]

A lot off topic but had to share with someone cos I'm trying to stay strong for my wife at the moment. Children for us are off the cards due to medical reasons so we've got two beautiful dogs. Unfortunately, our eldest, Nismo, well he's fallen very ill and in a few hours barring a miracle I'll likely be saying goodbye to him for the last time. Back in 2020 he had to have spinal surgery which cost a lot of money (would spend it again in a heartbeat) and BTC helped him there too. Sadly, doesn't look like money will solve the problem today.

If you have dogs, hold them extra tight for me tonight, they really are the greatest gift and best friend. I truly am lucky to have had his light shine on our lives for the last 14 years. I'll post a picture of him later just so everyone can appreciate him and how amazing he was/is

Anyway sorry for the off topic but yeah.... I'm just heartbroken

I just saw this and very sorry for your loss/upcoming loss.
Some people clone their beloved pets.
I could see both sides of the argument: it would be the same dog genetically, but it would have to learn to love you again.
Cost is about 0.5 btc, give or take ($50,000).
I was just recently reading an article about it.
EDIT: just for description..I think the article was saying that they need an ear from the recently deceased pet (not frozen). I don't recall much else apart from the fact that cloning is now very efficient, but dogs are more challenging to clone.
Not sure if i have seen this article or another one:
https://nypost.com/2024/11/14/lifestyle/the-50000-dog-cloning-business-is-booming/

I could never do that, he'd never be the same personality and that's what and where the real love came from but thank you for your condolences. Here are two pictures that capture him perfectly, I know most won't care but that's ok. If any of you do have dogs, please hold them tight for me. Little Nismo is gone now but he lives on in all the treasured memories he left behind

Sorry for your loss man...

About cloning, I also wouldn't do it. It wouldn't be the same dog in all things that mattered. Also, I can think of a better use of $50,000 to help a real child in need, than cloning my dog and pretend I resurrected it just because it looks the same.

I never had a pet in my life, due to city life constraints, but have played with friends' dogs and can say that they are really lovable, and extremely loyal -- more than most humans usually are.

Thank you

If you ever get the chance to own a dog - do it! One of the most rewarding and best decisions I ever made in my life

I urge everyone to watch Roger Ver’s interview with Tucker Carlson discussing the hijacking of Bitcoin, censorship, and the United States government’s overreach. I also think if you care about Bitcoin or freedom, you should sign his petition at https://www.freerogernow.org/ as Roger does not deserve life in prison.

Tucker Carlson - HIJACKED: https://youtu.be/dbLHXOipQN4

Sorry, OgNasty, but I cannot support someone like Roger Ver, after what he's done to the Bitcoin space re. BCH (a.k.a. Bcash lol). He may have had good intentions, and contributed to the Bitcoin cause at the start, but later on he got confused, he trusted some toxic individuals (CSW for one), and ended up becoming a bitter individual, Bcash evangelist and an opponent to Bitcoin. That's my impression anyway.

As for Tucker Carlson spewing his creationist agenda every chance he gets, well, no further comment there...

Roger was a good force yes, but what he did with BCash and giving CSW a platform which legitimised his bullshit did more damage than he ever did good IMO. Conversely, fuck the government, they got their pound of flesh and yet they wanted more. Even if he is guilty I know why he did what he did and I can't really blame him