Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12128. (Read 26610046 times)
December 17, 2018, 02:18:59 PM
I call upon:
December 17, 2018, 02:18:00 PM
memory and attention decay
+2 WOsMerit
That was fast...as usual.
Quote
Abstract
Collective memory and attention are sustained by two channels: oral communication (communicative memory) and the physical recording of information (cultural memory). Here, we use data on the citation of academic articles and patents, and on the online attention received by songs, movies and biographies, to describe the temporal decay of the attention received by cultural products. We show that, once we isolate the temporal dimension of the decay, the attention received by cultural products decays following a universal biexponential function. We explain this universality by proposing a mathematical model based on communicative and cultural memory, which fits the data better than previously proposed log-normal and exponential models. Our results reveal that biographies remain in our communicative memory the longest (20–30 years) and music the shortest (about 5.6 years). These findings show that the average attention received by cultural products decays following a universal biexponential function.
Collective memory and attention are sustained by two channels: oral communication (communicative memory) and the physical recording of information (cultural memory). Here, we use data on the citation of academic articles and patents, and on the online attention received by songs, movies and biographies, to describe the temporal decay of the attention received by cultural products. We show that, once we isolate the temporal dimension of the decay, the attention received by cultural products decays following a universal biexponential function. We explain this universality by proposing a mathematical model based on communicative and cultural memory, which fits the data better than previously proposed log-normal and exponential models. Our results reveal that biographies remain in our communicative memory the longest (20–30 years) and music the shortest (about 5.6 years). These findings show that the average attention received by cultural products decays following a universal biexponential function.
https://www.nature.com/articles/s41562-018-0474-5 Might be paywalled. :/
This graph lines up nicely with halvening's. It could very well indicate that 2020 will be the "goto" year for Bitcoin. Where as the communicative and cultural memory peak along with price to take us mainstream. Where bitcoin "entered" this plot line is open for much debate because interest really didn't peak within the first year of launch..hardly anyone knew about it then. I do however like the pulse's that occur every 2 to 4 years.
What I think is important here is that there might be a finite amount of time for something to stay in the focus of the general population. This is neither bullish or bearish, its purely speculation. It might not even be relevant until bitcoin reaches full adoption. Regardless it is filled with nice maths.
December 17, 2018, 02:17:28 PM
December 17, 2018, 02:14:16 PM
Where is Jbear?
Life. Was elsewhere doing stuff. Here now.
Negative price activity is not evidence of scam. If it were, then all cryptos would be scams.
December 17, 2018, 02:12:13 PM
OMFG 3600 and no signs of stopping! Weee!
December 17, 2018, 02:11:51 PM
Blockstream satellites now supports Lightning payments and expanding to Asia-Pacific area. 
https://www.coindesk.com/blockstream-boosts-bitcoin-satellite-service-with-lightning-payments
https://www.forbes.com/sites/michaeldelcastillo/2018/12/17/who-needs-verizon-blockstream-broadcasts-entire-bitcoin-blockchain-from-space/?ss=crypto-blockchain&utm_source=TWITTER&utm_medium=social&utm_content=2016400873&utm_campaign=sprinklrForbesCrypto#55236a295a80
The nerd in me just creamed his pants.https://www.coindesk.com/blockstream-boosts-bitcoin-satellite-service-with-lightning-payments
https://www.forbes.com/sites/michaeldelcastillo/2018/12/17/who-needs-verizon-blockstream-broadcasts-entire-bitcoin-blockchain-from-space/?ss=crypto-blockchain&utm_source=TWITTER&utm_medium=social&utm_content=2016400873&utm_campaign=sprinklrForbesCrypto#55236a295a80
They know how to build infrastructure.
December 17, 2018, 02:10:59 PM
If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.
They didn't require you to take a financial risk after having a deep ponder over the nature of money itself.
That's a stretch for most of the world's population.
December 17, 2018, 02:07:44 PM
In Bitcoin we do not have a massive adoption, it is progressing correctly, but it will take a few years, institutional investors are close, we need to optimize and make the process simpler for everyday users.
If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.
compare and contrastIf we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.
December 17, 2018, 02:07:25 PM
We might close on a 10%+ green dildo today
& 20% LTC
December 17, 2018, 02:06:40 PM
If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.
They didn't require you to take a financial risk after having a deep ponder over the nature of money itself.
That's a stretch for most of the world's population.
December 17, 2018, 02:06:11 PM
Update from BitcoinWanga some incoherent crap as always - bs about $2000 and crypto winter coming to an end. Anybody with a decent knowledge of Russian here? 
December 17, 2018, 02:04:48 PM
In Bitcoin we do not have a massive adoption, it is progressing correctly, but it will take a few years, institutional investors are close, we need to optimize and make the process simpler for everyday users.
If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.
If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.
December 17, 2018, 02:02:22 PM
дoгoвopилиcь
December 17, 2018, 01:59:17 PM
FRESH FROM WANGA/MASTERLUC TELEGRAM
The stock market is not so good. Bitcoin can easily stretch up to $ 2000. Winter is coming) But I think the correction is entering the final phase, and I would buy below 3000 if there were money =)
Original: Фoндoвoмy pынкy плoxoвaтo. Биткoин мoжeт лeгкo пpoтянyть дo $2000. Зимa близкo ) Ho дyмaю кoppeкция вxoдит в зaвepшaющyю фaзy, и нижe 3000 я бы пoкyпaл, ecли бы были дeньги =)
The stock market is not so good. Bitcoin can easily stretch up to $ 2000. Winter is coming) But I think the correction is entering the final phase, and I would buy below 3000 if there were money =)
Original: Фoндoвoмy pынкy плoxoвaтo. Биткoин мoжeт лeгкo пpoтянyть дo $2000. Зимa близкo ) Ho дyмaю кoppeкция вxoдит в зaвepшaющyю фaзy, и нижe 3000 я бы пoкyпaл, ecли бы были дeньги =)
December 17, 2018, 01:58:37 PM
IOW, it is merely a paper reshuffling of assets.
Nice hyperbolic hyperventilation, though.
December 17, 2018, 01:57:16 PM
Well, I’m not getting excited..
December 17, 2018, 01:55:18 PM
3500 didn't hold for too long - rally continues to 3600? Wee!
Protip: Using anything other than Bitstamp price is not going to win you any merits
I'm not here to "win merits" dude
December 17, 2018, 01:48:30 PM
I wonder when the news of all the OTC buying central banks were doing from Crypto OGs during the "bear market" will become clear.
Right before the pump and when Mad Money features "buy bitcoin" again.
December 17, 2018, 01:47:38 PM
Blockstream satellites now supports Lightning payments and expanding to Asia-Pacific area.
https://www.coindesk.com/blockstream-boosts-bitcoin-satellite-service-with-lightning-payments
https://www.forbes.com/sites/michaeldelcastillo/2018/12/17/who-needs-verizon-blockstream-broadcasts-entire-bitcoin-blockchain-from-space/?ss=crypto-blockchain&utm_source=TWITTER&utm_medium=social&utm_content=2016400873&utm_campaign=sprinklrForbesCrypto#55236a295a80
The nerd in me just creamed his pants.https://www.coindesk.com/blockstream-boosts-bitcoin-satellite-service-with-lightning-payments
https://www.forbes.com/sites/michaeldelcastillo/2018/12/17/who-needs-verizon-blockstream-broadcasts-entire-bitcoin-blockchain-from-space/?ss=crypto-blockchain&utm_source=TWITTER&utm_medium=social&utm_content=2016400873&utm_campaign=sprinklrForbesCrypto#55236a295a80
How can he be in you if he's wearing pants?
December 17, 2018, 01:44:27 PM
I wonder when the news of all the OTC buying central banks, and billionaires were doing from Crypto OGs during the "bear market" will become clear.
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