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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 23/02/2025, 22:07:19 UTC
⭐ Merited by AlcoHoDL (1)
OT:
I watched an interesting, thought-provoking video on YouTube last night:
Alex O'Connor — Why Can’t ChatGPT Draw a Full Glass of Wine?
VIDEO NOTES: "ChatGPT can’t draw a glass of wine full to the brim. Why? And what might it have to do with David Hume and the missing shade of blue?"

I watched that 20-minute presentation, and yeah interesting video with decently good presentations of the issues/questions. 

I personally thought that the end question was worth pondering over, in which Alex asked whether humans think differently from ChatGPT,

On the face of it, I think that we must think differently since we are not a computer database, but I would not know how to explain exactly how we put together ideas differently, even though each one of us learns a variety of matters from birth to death, and surely it is presumed that our abilities to learn are greater in our youth.. but our learning also does build up, including some aspects of our memory that are not maintained and/or retained, so we have to wing it sometimes....

It is just my sense of the matter that humans think differently from ChatGPT and computers - similar to how it is my sense of the matter that we are not living in a simulation, even though their are various strong arguments for us living in a simulation.

[edited out
Yeah We need to be careful with AI and its rules. Looking at Bitcoin, it's crucial to understand AI's limits. Do you think AI's big ideas impact how we discuss cryptocurrency and reducing central control?
Well the limitations of AI, like struggling to understand a full glass of wine, highlight the need for caution when integrating AI into technologies like cryptocurrency (Bitcoin). As we discuss cryptocurrency and decentralization, considering AI's capabilities and limitations is essential to avoid unintended consequences and ensure a balanced approach.

You sound like an AI yourself, since in this thread there are quite a few of the longer term thread participants (perhaps not all?) who grapple with the utility in using the term crypto or cryptocurrency when this thread is about bitcoin, yet you don't seem to grapple with raising such a vague, misleading and potentially deceptive kind of a term in this here very thread.

Go figure.   Shocked Shocked

Germany's right-wing party Alternative for Deutschland (AfD) has included several key points in its election manifesto, the party's main demands include.
1: Deregulation of Bitcoin.
2: Maintaining Tax Exemption for Bitcoin Transactions.
3: Protecting the right of self-defense.
4 : Exit from the Euro.
5: Anti-CBDC.

Since you are a newbie, do you have a link for that? or are you just making it up?

Regarding the right of self-defense?  Did you really mean to say "self-custody?"  since I am not sure what self-defense means in the context of bitcoin.. unless it is merely talking about self-defense in the context of the nation-state and wanting to militarize the state of Germany?  Which might make some sense given some current world events.

[edited out]
By definition, ChatGPT is (partly moderated) Machine Learning, not AI.
There's a good book regarding (true) AI, i actually read it two decades ago.

Bauplan für eine Seele (lit.: Blueprint for a Soul, available in German language only), Reinbek: Rowohlt, 2001 (ISBN 3499611937)

A soul in this context, that is the abstract vehicle of not physical parts of a living being as an entity.
There's a good demonstration on how to find your soul, by KRS ONE: https://www.youtube.com/watch?v=QqEhjPD6MYM

I watched that 7-minute video too, and I don't agree with the conclusion that we are still thinking and seeing without our physical bodies.

Is this not a good thing?
I thought every OG on this here famous thread hates Coinbase. Amirite?
(To be clear, I don't.)
Definitely not a good thing. Is a terribly risky attack surface.

I do openly dislike coinbase, and Brian A. But in a way similar to how I think the ETFs are a mixed blessing.

I dont know about OGs. I'm just a half baked poker player.
Ok many of us want to be somewhat coy about our bitcoin stash, yet if many of us longer time bitcoiners might want to admit that over the years we have been mostly erroring on the side of accumulating and HODLing, then that does not seem like  a poker player,  even if some of us might have had been putting such value into bitcoin relatively whimpily and others relatively aggressively.

And sure, mistakes were made along the way, too.
I am sad to this day that one of the first posts made on this forum was to announce I would do audio engineering jobs for Bitcoin... Studio for rent for Bitcoin.

And though I am sure I may have caused a client or two to consider looking into Bitcoin I never took a payment in it. :/

Seems we are seeing more adoption now. And hopefully the design of the protocol is strong enough to withstand a different future than what most of us expected, or perhaps wanted.  I personally think it is.  I am betting it all on that assumption, in fact.

In the early times that I was on the forum, I recall so many guys proclaiming that they were trying to earn bitcoin and they thought that it was superior to earn BTC since it did not cost them anything and they also did not have issues with  KYC (or with exchanges).  I frequently would suggest that it might be better to make some money and buy bitcoin, even if the weekly amount was not very large,  yet my point was that it was not good to merely rely upon earning money from bitcoin rather than just going out there and buying bitcoin regularly... which now we, know that many of those earlier guys could have had accumulated way more bitcoin, and it would not have had even cost very much money to do so.  Buy a bit in case it catches on.

I think that similar things are true right now in terms of guys sometimes trying to  figure out how to potentially save money or maybe just to buy the dip rather than buying "at these here current prices." 

Even if the intensity of BTC's price rise might not be as exponential as it had been historically, I still get the sense, that there are going to be a large number of normie no coiners (and/or low coiners) regretting that they did not get more serious about bitcoin.    Which is also true with the low coiners who had come to premature conclusions  that they have enough BTC blah blah blah... which truly is not the case with a lot of folks who just started stacking BTC in less than 4 years and have not been doing it consistently, persistently, regularly  and perhaps even aggressively. It takes a long time to build up a bitcoin stash, and sure getting started early can end up forgiving some of the whimpy ones, yet even the longer term whimpy ones likely are coming to the realization that they had been too whimpy in their past BTC accumulation efforts...and yet some of them are still making similar mistakes in that they were historically whimpy, yet they largely continue to remain whimpy, even though they have already concluded that they don't have enough coin.

I am not even suggesting that the no coiner or the low coiner overdo their BTC accumulation.  I am merely suggesting to be as aggressive as they are able to be without overdoing it.. .and they are likely going to end up in a better place down the road.. .. and yeah, there are not guarantees, even though many of us can likely recognize and appreciate that bitcoin is in place that are quite greater than many of us even considered to be within the realm of possibilities (or is it probabilities?) even a couple of years back.

noticed a potential head and shoulders on the 1hr chart, neckline is around 21500, need to watch for confirmation

You really sound lost. Perhaps you are in the wrong thread?