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

[nutildah]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

OT:
S. Korea is down 8.2% overnight
Japan is down 4.8%

Something in the Gulf again?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[joker_josue]

There is a good series of books I discovered recently, that Elon Musk recommended in a video (https://www.youtube.com/shorts/OLJu77Bnf2I), about a future where AI/robots solved all our scarcity problems.

Do you really believe that the rich who could share a lot right now but refuse to do it are going to suddenly start sharing in an AI/robots future? The more likely future is of a dystopian version where the wealth concentration is even higher with AI and robotics, and almost nobody has a job and is fully controlled by UBI and social credit score.  

Yes, AI could eliminate many jobs. But I don't see it as something so dramatic.

All technological advancements have eliminated jobs. But, over time, this social impact is no longer felt, because new things emerge and require people. That's how it was in the past, and it won't be much different in the future.

Take the Industrial Revolution, for example. Many people who manufactured things manually lost their jobs. Tractors took people out of agricultural work. Among many other things. But then mechanics and other professions had to emerge to maintain this entire industry.

Of course, robotics can eliminate a lot of manual labor. But, surely other jobs will emerge where it will become clear that robotics is not the ideal solution.

There will always be a shock, especially for that active generation, which is caught in this job transition. But, later on, the children/young people will just be learning the new professions and, over time, this impact ceases to be relevant.

Unfortunately, once again, the poorer "third world" countries have suffered the greatest impact. But this is not the first time, because in previous technological leaps, they were also the ones who suffered the most.

[BlackHatCoiner]

One day, we will reach $58k, and we won't know it will be the last time.

Let it be this one

Turns out it wasn't that one.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[libert19]

Is poll recent or was posted in 2013!?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

Take the Industrial Revolution, for example. Many people who manufactured things manually lost their jobs. Tractors took people out of agricultural work. Among many other things. But then mechanics and other professions had to emerge to maintain this entire industry.

Of course, robotics can eliminate a lot of manual labor. But, surely other jobs will emerge where it will become clear that robotics is not the ideal solution.

dunno.

AI + robotic factories = age of interchangeable, disposable units of labor. need anything done? print/build/rebuild a few interchangeable parts, presto, a custom bot pops up, does the job, and jumps into the parts bin to recycle itself. needs 6 arms for a surgery? check. needs to be sized and shaped go into an aircraft wing for maintenance? check. turn into a floor jack and arms to change a tire? check. shitpost to 50 thousand forums? check. then off to the parts bin to jump in to disassemble itself. and good to go for another day of fun.

we are soooo toast

[AlcoHoDL]

There is a good series of books I discovered recently, that Elon Musk recommended in a video (https://www.youtube.com/shorts/OLJu77Bnf2I), about a future where AI/robots solved all our scarcity problems.

Do you really believe that the rich who could share a lot right now but refuse to do it are going to suddenly start sharing in an AI/robots future? The more likely future is of a dystopian version where the wealth concentration is even higher with AI and robotics, and almost nobody has a job and is fully controlled by UBI and social credit score.  

Yes, AI could eliminate many jobs. But I don't see it as something so dramatic.

All technological advancements have eliminated jobs. But, over time, this social impact is no longer felt, because new things emerge and require people. That's how it was in the past, and it won't be much different in the future.

Take the Industrial Revolution, for example. Many people who manufactured things manually lost their jobs. Tractors took people out of agricultural work. Among many other things. But then mechanics and other professions had to emerge to maintain this entire industry.

Of course, robotics can eliminate a lot of manual labor. But, surely other jobs will emerge where it will become clear that robotics is not the ideal solution.

There will always be a shock, especially for that active generation, which is caught in this job transition. But, later on, the children/young people will just be learning the new professions and, over time, this impact ceases to be relevant.

Unfortunately, once again, the poorer "third world" countries have suffered the greatest impact. But this is not the first time, because in previous technological leaps, they were also the ones who suffered the most.

The problem is not the robots. It's the humans.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

so for us luddites who will not do win 11 under any circumstances and are too stupid to *nix safely microsoft has graciously decided to extend its extended support for win10 for another year.

last year i paid the 30 bucks once so that microsoft pinky promised to to suck all my data off my boxen (to "protect, serve me better and sync all my devices with microsoft and anyone else who pays us") and got many of my machines setup to receive support (the $30 covers i think 10 machines), then back to all local accounts.

dont judge me

https://www.bleepingcomputer.com/news/microsoft/microsoft-quietly-extends-free-windows-10-esu-support-to-october-2027/

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Richy_T]

https://www.bleepingcomputer.com/news/microsoft/microsoft-quietly-extends-free-windows-10-esu-support-to-october-2027/

Consumers can continue to receive extended security for free using one of these methods:

Paying $30.

Hmmm.

"This extension provides customers with more time to transition to a new Windows 11 PC while continuing to receive critical security updates."

The major issue being that many people have perfectly functional hardware fully capable of running 11 that Microsoft refuses to allow 11 to be installed on.

[vapourminer]

Consumers can continue to receive extended security for free using one of these methods:

Paying $30.

Hmmm.

here in the USA (land of the free)

if you want it for free you must agree to sync your device(s) to a MS account, where you agree to have it hoover all your data (it decides what that is) to spray it across all devices on that account.

for 30 bucks it just flags your systems that run on local accounts (up to 10) as able to get security updates no syncs/data hoovering happens

in the EU everyone just gets it for free with no data hoovering cuz EU

thats my read anyway, could be wrong and happy to be corrected.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

OT:
S. Korea is down 8.2% overnight
Japan is down 4.8%

Something in the Gulf again?

 Minor pullback from an extraordinary bullrun on tech in Korea plus they are using some weird single stock, 2X leveraged ETFs on those same tech stocks.  I read today that those leveraged ETFs increased the damage by about 35%.  Degenerate gamblers all.

 edit: of course you Euro gamblers have a 3X leveraged single-stock version of the Hynix gamble.  ffs
They plan to list on the NASDAQ on July 10th - should be a shitshow with fireworks and marching bands - I imagine there will be massive outflows from the leveraged EFTs to get the "real" shares as those leveraged ETFs were the only way the big American money could get in on the action previously.  Also, I have read that any American ETFs purporting to track the global semi-conductor sector are legally (and mechanically?) bound to purchase the new NASDAQ "shares" on day one.  🍿