Does True Randomness Actually Exist? ( ^&*#^%$&#% )

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Elroch

Gold/silver ratio chart

Elroch
Optimissed wrote:

At 15:10 UK time it bottomed at 18676. It was a sharp bottoming, sometimes I think associated with a genuine recovery. It's interesting and worth watching for the next hour or two.

Was it?  At 2am it hit £17169.46

Warren Buffet - "Price is what you pay, value is what you get".

Thee_Ghostess_Lola

#3697 wuzza really educational story. thx opti !!

p.s. i luv to listen to michael saylor talk. they say hes the spiritual leader for btc. 

https://www.youtube.com/watch?v=mC43pZkpTec

 

Thee_Ghostess_Lola

i read that they're calling y-day 'crypto monday'. cuz its dn 70% from its highwater mark.

Elroch
Optimissed wrote:

There was an even more amazing silver/gold value inversion around 1980. Also, about four years ago last November there was a spike in, I think the gold price, where it added on about £1000 per ounce and lasted just a couple of minutes but I happened to be watching the live graph at the time. I think they deny it ever happened.

That could be a dodgy broker price, the result of price manipulation to take advantage of "clients". Where did you observe it? There are multiple major gold markets, plus the futures markets. But there are other sometimes less respectable markets.

Sillver1
Optimissed wrote:
Sillver1 wrote:
Optimissed wrote:

And I am aware that an event may be exactly determined by causality but remain unpredicable. It just depends on whether sufficient knowledge of the system exists. There's no need to try to trip me up in that way and imagine you made a kill today in the hunt. I usually use "unpredictable" to mean "incapable of predictability in all circumstances". It's one reason I dislike Elroch's knowledge-based definition of randomness, because it's ambiguous. Knowledge may be possible but absent or it may be impossible: and that has repercussions if someone actually does believe in determinism. He got it from that Italian physicist, Valerio Scarati or something similar, and I do intend to read up on him, because he does sound interesting.

i have nothing but respect for you when you’re being objective.

Thankyou for that and I promise to try harder. Having promised that, you say you admire objectivity but objectively speaking, objectivity doesn't really exist, since to be objective we would require perfect information, which we don't have and can't get except in highly simplistic cases. I'm more of a subjectivist, since our supposedly objective information is acquired subjectively. Objectivity is merely the attempt to try harder ... I mean, the attempt to bring in as many accurate assessments as possible and to keep out those likely to be less accurate, by some means. However, I'll try to appreciate and remember that you like more fact-based arguments.

You are right. Problem is that no matter how deep and knowledgeable anyone assessments may be (the best of the best have tried), there is no definite answer about D, only one that you feel comfortable with.(Subjective one). Look, there’s nothing wrong with subjectivity unless it  is being represented as objectivity. and Its a no brainer why you reject D, it just doesn’t fit the rest of your beliefs. me? I feel comfortable with uncertainty (as in undecided objectivity). that’s all.

Thee_Ghostess_Lola

I dont have a cell phone. and they say u need one to own btc. its my belief that alotta ppl are gonna go to jail as ppl start losing the lasta their $. watch.

Elroch

I think a lot of people keep their bitcoin in a wallet somewhere else rather than on their computer where they are potentially vulnerable to destruction of the data (which can be a greater risk than being hacked). That being said, a cloud backup is as secure as any third party service if used right. Backed up cloud storage with secure password and strong enough encryption should be secure. I think google drive is safe enough. You can add a second password to your wallet to make it even less hackable.

The problem with bitcoin is that, unlike stocks (based on assets and profit stream of a company) or bonds (based on interest and capital repayment) or even fiat currency (based on the value of an economy), it has zero intrinsic value. Its sole value is speculative.

Traditional technical analysis based on the huge double top failure (that I saw coming, and saw the significance of) in bitcoin would provide a target of zero. While this is not a hard prediction, it is an indication of risk. It is the failure of this double top that has caused the catastrophic sell-off that has occurred in the last week.

Warning about crypto - the number of scams and frauds relating to it is enormous and growing. And they are not all easy to spot.

Thee_Ghostess_Lola

i looked into nfts awhile back. i listened to VB talk abt it & decided it wasnt 4me. 

https://www.youtube.com/watch?v=XW0QZmtbjvs

2:16:08

(s/o said "Whoever coded Vitalik is a genius" lmbo !)

i just feel like if i bot one i'd turn purple ?...HODL ?...as i would lack O² to my disfunct sponge.

squirtle

I am so confused

Thee_Ghostess_Lola

ur confuzed cuz life is kinda contingent. feeling grouped happy.png . thx E17 !

Elroch
Thee_Ghostess_Lola wrote:

(s/o said "Whoever coded Vitalik is a genius" lmbo !)

What about Tiktaalik? wink.png

Elroch

@Optimissed, the story of the day is "DOWN, DOWN, DOWN", not "bouncing". Same story as 2 days ago, etc.

Elroch

As I suggested, it is now at 16848 after reaching 16615. Bottoms after a downtrend are more likely to be broken than to be the start of a reverse trend. This could be a new low since the start of 2021 (I am not sure of the exact low on Wednesday - that was the previous one).

Sillver1
EMIROMER17 wrote:

I am so confused

anything in particular?

if this topic interest you, i think that the first and most important thing to know, is that according to modern physics, both determinism and indeterminism have the same validity. in other words.. neither one is a winner, and there's no real reason to prefer one over the other. so when you hear people argue about it,  just remember that there's no settled science about it, and unfortunately it comes down to opinions, and nothing more. (educated as they may sound to the naked ear)

there is another source of confusion, but that's mainly a matter of semantics, which really add nothing other than, well, more confusion. 

 

Festerthetester

Randomness and mathematics have something in common.  They are human inventions that try to explain what is real and how to measure or predict it.  The sciences have tried for eons to describe the universe and how it works.  Each time they think they are close another discovery ruins their theory.  The truth is likely that overall everything is random but there are forces that control all actions at a sub atomic level we as yet do not understand.

Thee_Ghostess_Lola

Uncle Fester ?...plz elab on R being a sapien construct. and i ty in adv.

Festerthetester

Hello Lola.

Still my favorite here and in the climate thread.

There's not much to elaborate on.  The universe is what it is.  Humans have tried and so far failed to explain it.  It is so complicated and largely unpredictable so they assigned a term to it called randomness.  The truth is we don't know.  We can see that even at the smallest level of particles and energies that there is some predictability but whether it controls things on a larger scale is as yet unknown.

Just something we like to think about.  Like why, if we are not supposed to eat meat, does it taste so good?  

Wits-end
Festerthetester wrote:

Hello Lola.

Still my favorite here and in the climate thread.

There's not much to elaborate on.  The universe is what it is.  Humans have tried and so far failed to explain it.  It is so complicated and largely unpredictable so they assigned a term to it called randomness.  The truth is we don't know.  We can see that even at the smallest level of particles and energies that there is some predictability but whether it controls things on a larger scale is as yet unknown.

Just something we like to think about.  Like why, if we are not supposed to eat meat, does it taste so good?  

Or, like why do people try to tell me I’m not supposed eat meat? 

Thee_Ghostess_Lola

i find when i crave s/t...like greens or seafood or ice cream then i concede that theres some kinda vitamin or mineral or nutrient that my checkered temple needs. sugars not spose2count but for today lets call it a food group...shall we ?