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Bitcoin, the largest crypto token has traveled a long journey since its inception. The perceptions about these digital assets have moved from those of a pessimistic nature to that of a more optimistic one. At press time, it was trading just shy of the $48,000 mark.
Nonetheless, Bitcoin has suffered a significant amount of volatility in the past. Well, speculations, risks and regulations have mainly contributed to this.
Biggest risks involvedCrypto veteran Anthony Pompliano recently discussed about the flagship token in a podcast, putting forward his hypothetical long-term bear case. He mainly highlighted five key FUDs in the interview. He noted that unlike what the Bitcoin proponents believe, the coin won’t cross over into becoming a currency.
“The most it can grow to is gold, which is basically a store of value. [It] isn’t really used to go purchase things on a day-to-day basis and therefore, yes there may be more upside, but it’s kind of a capped upside.”
BTC vs Gold has been an ongoing long-term debate. Even though, the token recorded impressive runs against the precious metal, the latter still lies far ahead in terms of valuation. The graph below highlights the same,
“The second one is eventually we’re gonna figure out who Satoshi is and if we figure out who Satoshi is, that’s going be a bad person, and we’re not gonna want to know who it is and like there’s gonna be a negative impact.”
Meanwhile, BTC’s real-life uses-cases like cross-border payments and other related matters were talked about as well.
“It’s slow. It’s expensive. It’s kind of all these like technical issues with it.”
Moving on, crypto regulations have played a part to put pressure on its value. The uncertainty surrounding the token caused interested individuals to veer away. According to Pompliano, the market was going to get regulated, taxed and eventually shut down by outlawing it.
Lastly, he noted another particular risk that could undermine the integrity of the Bitcoin network. According to Pompliano,
“The best argument somebody could make and what I think is the biggest risk to Bitcoin – it really pisses the critics off because it has nothing to do with anything external.”
He also mentioned how an ecosystem like that has to undergo a development process – which is methodical with filters and security checks in place. However, if there is a bug introduced in the code it would be like “shooting yourself in the foot.”
Nevertheless, in the longer term he remained bullish irrespective of the FUDs in the market.
“The reason why Bitcoin is so attractive is I actually don’t need to have the best returning asset. I don’t need to be greedy. I want the thing that has a great economic return, but also I know it’s gonna be around in 50 years.”
No one, including the government, could possibly stop crypto to exist. “Not even a nuclear war can shut it,” he opined. In addition to this, Tesla chief and billionaire investor Elon Musk too had similar thoughts on the subject at the Code Conference.
Whereas, Mike Alfred– the CEO of BrightScope & Digital Assets Data tweeted,
The biggest risk is not that #bitcoin will go to zero, but that you’ll sell your #bitcoin too soon.
— Mike Alfred (@mikealfred) October 2, 2023
As of now, bitcoin has recovered some ground but still stands below $48,000. Nevertheless, its market capitalization is just shy of $900 billion at press time, and the dominance over the alternative coins sits at 42.5%.
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Why Is The Htc Vive So Expensive?
Surprisingly, the Vive and the Quest 2 occupy starkly different areas of the market, with the former costing hundreds of dollars more than the latter, leading to a lot of VR junkies asking what the big idea is.
You can check the price yourself here: HTC Vive Virtual Reality System
At first, this price difference seems fairly outlandish. They both do roundabout the same things, right? But once you take a closer look at some of the technical specs of these two devices, the hefty Vive price tag seems a lot more reasonable. Let’s discuss why…
Refresh RatesThe same principles apply to computer displays. The higher the refresh rate, the smoother the picture and motion will appear. Of course, a high refresh rate is nice to have on any screen, but it’s especially important when it comes to VR.
The Vive and the Vive Pro have a 90Hz refresh rate, and the Pro 2 boasts a whopping 120Hz refresh rate.
On a regular computer screen, the difference between the Oculus Quest 2’s 75Hz and the Vive’s 90Hz refresh rate might be fairly negligible, but during VR, that difference allows you to play harder for longer.
TrackingWhen a computer senses your physical movements, then represents and displays those movements on screen, it’s known as tracking.
VR units need to have incredibly low latency and accurate tracking, otherwise, the VR spell is well and truly broken. If the response is anything other than immediate, players would lose interest in minutes.
It’s a close call, but the HTC Vive and Co. have the most accurate tracking on the market, which ultimately means that they provide the most immersive and realistic gaming experience.
Using SteamVR tracking, the Vive captures your movement almost perfectly, only ever being off by a couple of centimeters here and there.
Field Of ViewThe field of view in a virtual reality game is the maximum observable environment you can see at any one moment, and once again, the HTC Vive has the edge on its main competition, the Oculus Quest 2.
The original Vive, the Vive Pro, and the Pro 2 offer 110° of visible surroundings at all times, while the Quest 2 only lets you see 100°. This means you’re literally getting more virtual world from the Vive, and as you’d imagine, more world means more money.
DisplayThe Original HTC Vive has a 2160 x 1200 resolution. The Oculus Quest 2’s resolution tops out at 1832 x 1920. So, all in all, the Vive has more pixels, which means a crisper, more detailed picture.
In terms of display design, the Vive has an edge once again. The Quest 2 has a liquid crystal display, whereas the Vive has an OLED display, offering sharper contrast ratios and truer blacks.
In addition, the Vive Pro 2 blows both these VR stalwarts out of the water with its 2448 x 2448 resolution.
Battery LifeHere’s one area in which the Vive drops the virtual ball, offering only 2.5 hours of battery life, but as it can also be PC powered, battery life isn’t such an issue. Besides, HTC still generally dominates in terms of battery power.
Take the HTC Vive Cosmos Elite, for instance. This VR beast’s battery can last as long as 8 hours. That’s one hell of a virtual reality session!
The Oculus Quest 2 will only ever last for 3 hours max, which is still great. 3 hours is plenty to really get stuck in and enjoy some virtual worlds, but it doesn’t even compare to the Cosmos Elite. Naturally, the Elite costs more.
Original ProgrammingThe Vive was the first of its kind within the companies responsible for its creation. The programming was all 1st generation, built up from scratch, and building something this complex from the ground up with no blueprints to work from takes a lot of manpower.
HTC and Valve would have had to hire a vast amount of specialists to get the Vive project up and running, and everyone that worked on it needs to be paid, thus, the price of the Vive rises a little higher.
Nowadays, the original Vive is becoming quite difficult to come by, so even though we’re on to the Pro 2, prices remain high due to scarcity.
Summing UpThere you have it, folks. Sure, the HTC Vive was, and still is, expensive, but is the price tag unreasonable? I don’t think so.
Once you factor in all the aspects of its design and that it was basically a prototype VR device built from scratch, the price tag doesn’t sting so much. You feel that you might actually be getting what you pay for, and let’s be honest, you’re getting a lot.
Outside other HTC and Valve products, a 90Hz VR experience is still a rarity today, so hats off to HTC, and hats off to the Vive. If you can afford one, you’re going to have an absolute blast!
Why Is The Knuckleball So Hard A Baseball Pitch To Hit?
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Want to throw a knuckler? In 1939, the price of knowledge was the cost of a pack of gum.
Batters see knuckleballs much less frequently than more conventional pitches. Of the thousands of professionals who’ve pitched in Major League Baseball, only 84 qualify as knuckleball pitchers, according to Knuckleball Headquarters. The rarity of the pitch, also called a floater, may contribute to its effectiveness: The more often a hitter sees a pitch, the better he can adjust his swing.
Most important to the knuckler’s evasiveness, however, is the pitch’s erratic flight to the plate-an effect achieved because the ball is thrown with little or no rotation. Without rotation, the knuckleball will flutter, dance, and generally behave unpredictably. (The key is to throw the ball with a stiff wrist.)
The science behind the knuckler was clarified when engineers Eric Sawyer and Robert Watts of Tulane University in New Orleans conducted wind tunnel experiments in 1975. They found that pressure would build up on one side of the ball and then the other, causing it to dart back and forth from its original trajectory.
One of the elite 84 knuckleballers, Jim Bouton, who won 21 games as a fastball pitcher for the Yankees in 1963, was able to extend his career as a knuckleballer after an injury robbed him of the fastball. An author as well, Bouton wrote the celebrated Ball Four. An update, Ball Four-The Final Pitch, appeared in 2000.
Bouton learned the pitch as a youngster from instructions on the back of a cereal box. He and his brother then threw hundreds of attempted knucklers in the yard, until he finally launched a genuine spinless pitch that dropped at the last minute, hitting his brother in the knee. “Ow!” the sibling yelled, “what a great pitch!”
“I spent my teenage years maiming my brother and father, and anyone else who tried to catch my knuckler,” Bouton remembers. Because he also had a blazing fastball, the teams he pitched for discouraged the knuckleball. “A fastball is like a jackhammer, and a knuckleball is like brain surgery,” he says. “I could not have mixed the two very well.”
After Bouton retired in 1970, he continued to pitch semiprofessionally in his free time exclusively as a knuckleballer, and launched an unprecedented return to the majors in 1978. He’s done a fair amount of thinking about the pitch.
“It’s part of Bernoulli’s principle, how air lifts airplane wings,” he says. “Because the knuckleball is moving through the air without spinning, air currents that flow over and under the ball are not equal, creating a disturbance immediately behind the ball.”
“Or,” he continues, “think of the
old musket balls from colonial times. When they came out of the muskets they would be accurate for only 15 or 20 feet, then they would destabilize, because of Bernoulli’s principle. Then they invented rifling in the barrels of guns. When a bullet comes out of a gun, the spiral grooves cause it to spin like a football. It’s that spinning that keeps it on target.” A knuckleball is like a musket ball-unpredictable.
Pitchers don’t need to know the science, though. “All you need to know is that if you put any kind of a spin on it at all, it’ll travel about 475 feet in the opposite direction,” Bouton says.
“Contact hitters, the guys who wait until the very last moment to get their bat on the ball, are the most effective against the knuckler,” Bouton points out. “Free-swinging home run hitters can be totally helpless.”
The knuckleball invariably taps a wellspring of humor, and Bouton offers one last laugh. “Remember what Bob Uecker (the announcer and former big league catcher) had to say about how to handle the knuckleball? You just wait until it stops rolling and then pick it up.”
This Is Why Mars Is So Much Smaller Than Earth
One of the main effects of Mars being smaller than Earth is that its gravity is different. Gravity there is around one third the strength of gravity on Earth, because there is less mass attracting things to its surface. This can be useful for exploration in some ways – for example, the Ingenuity helicopter is able to fly there in part because the lower gravity makes it easier to get off the surface (via Digital Trends). But it causes problems in other ways, like making the atmosphere very thin.
The atmosphere on Mars is just 1% of the density of the atmosphere on Earth, and it is mainly composed of carbon dioxide so it isn’t friendly to humans. If humans ever do set foot on Mars, they’ll need to stay in spacesuits or in sealed habitats at all times. Because of the low gravity, Mars cannot hang on to its atmosphere and it has lost atmosphere into space over time (via NASA).
This might also be what happened to Mars’s water. Astronomers are confident that there was once liquid water on Mars, billions of years ago, as we can see evidence of flowing water in rock formations on its surface (via ESA). But now Mars is dry and barren, with basically no liquid water on its surface and only ice at its poles and under its surface.
Experts are still debating exactly how long the water was there and what happened to it, but a leading theory is that Mars once had a water cycle similar to Earth’s (via Max Planck Society). Water on the surface was hit with the sun’s rays and evaporated up into the atmosphere. But once it reached the atmosphere and splits into hydrogen and oxygen, the planet’s lower gravity meant that some of the lighter hydrogen was lost into space. Over time, this meant there was less and less water on the planet.
Mars’s relatively low mass may also play a part in one of its strangest and most distinctive features: The global dust storms which can periodically cover the entire planet. According to NASA, these global dust storms happen every few years and have so far only been observed on Mars. Mars is the dustiest place in the solar system, and because of the low gravity it is easy for these small particles to be picked up by the wind.
We’re still not sure exactly how a dust storm can spread across an entire planet, but weather instruments on the Perseverance rover are studying the weather there to try to learn more (via Digital Trends). And the story of Mars’s size and development isn’t only a matter of history, as it directly affects exploration there now. Mars’s dust could be one of the major obstacles to exploring it, as dust can damage delicate electronics and cover over solar panels, as happened with the rover Opportunity which lost communication in 2023.
If we want to explore Mars more in the future, we’ll need to find ways to address issues like how to design machines which can cope with the dust and how to build spacesuits which can keep astronauts there safe.
Why Is Python So In Demand In The Machine Learning And Ai Fields?
For Machine Learning and Artificial Intelligence, Python has emerged as a well enough and efficient high-level programming language. Data scientists, academics, and developers in various fields embrace it as their language of choice. What, though, makes Python such a perfect combination for these applications and research areas? We’ll analyze Python’s significance in the machine learning and AI disciplines in this article.
The Top Seven Reasons for Python’s Popularity in AI and Machine Learning Ease of Use and ReadabilityPython is an easy-to-read and gaining knowledge of programming language, making it perfect for novices. Its simple syntax and readable, herbal language fashion make it easy to write and comprehend, enabling builders to produce comprehensible code quickly and effectively. This is especially important in the field of computers gaining knowledge of artificial talent (AI), the place where code can be very complicated and challenging to understand. Working with these kinds of apps is a tremendous suit for Python due to the fact of its simplicity and readability.
Large Community and ResourcesPython has a large and bright developer community that is usually developing new machines and gaining knowledge of artificial intelligence frameworks, libraries, and tools. This suggests that programmers have access to a huge variety of tools, consisting of open-source initiatives, tutorials, and documentation, that can enhance their development processes, hasten time-to-market, and make it simpler to address difficult problems.
Availability of Powerful LibrariesFor working with data and growing AI and ML models, Python comes with a variety of modules that have proven to be quite helpful. NumPy and Pandas are two of the most famous libraries due to the fact they supply useful information structures and tools for manipulating and examining data. Additionally, Scikit-Learn is a vital library that offers a wide selection of machine learning and statistical modeling algorithms.
Flexibility and VersatilityScientific computing, web development, data processing, and visualization are just a few of the many uses that Python’s versatility makes possible. In the disciplines of machine learning and AI, where developers routinely work with various types of data and models, this adaptability is particularly essential. Python is a flexible alternative for challenging tasks because it also allows for simple integration with other programs and languages.
High-Performance ComputingAlthough Python isn’t recognized for being fast, there are ways to improve its efficiency. Utilizing tools and libraries made especially for this purpose is one such method. For instance, just-in-time compilation can be used with Numba to speed up Python programming. Another choice is PyPy, a different Python implementation that offers superior performance. Additionally, Python can be used in conjunction with other high-performance computing equipment like C++ and CUDA to similarly increase performance.
Support for Deep Learning Frameworks Increasing Industry AdoptionIn addition to the aforementioned reasons, the enormous use of Python in the AI and ML fields can also be attributed to its growing adoption by using leading enterprise players. Big names like Google, Facebook, and Microsoft have developed their very own Python-based equipment and libraries, which has in addition pushed its growth in the field. As a result, authorities who are well-versed in Python are in excessive demand and can obtain a range of job opportunities.
ConclusionIn summary, Python has earned a reputation as the programming language of preference for professionals in computers gaining knowledge of artificial intelligence. Its large community and ecosystem of libraries, along with its simple syntax and readability, make it a reachable and adaptable tool for working with difficult records analysis and deep learning. Python is projected to preserve its dominance in the place as demand for laptop learning and AI rises, making it a vital device for companies making an attempt to use records for increase and innovation.
What Is Bitcoin, The Digital Currency
You may have heard the term Bitcoin recently, maybe while surfing the Internet, from a friend or read about Bitcoins somewhere in the newspapers. So what is Bitcoin and how do they work? Who is a Bitcoin miner or what is Bitcoin mining? How is the Bitcoin investment market? This post tries to touch upon these questions in brief.
What is BitcoinFor those who do not know about Bitcoin, it is an electronic currency – not related or dependent on the currency of any country. Bitcoin (BTC) is a digital currency first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it an anonymous, peer-to-peer, electronic payments system. It uses Blockchain Technology.
What makes this Cryptocurrency more volatile is that, unlike printed coins and bills, there is no physical entity to back it. For example, in many countries, bills are printed only up to a certain ratio of total exchangeable gold (or any other precious) metal available in that country. The image displayed is just for representation purposes; Bitcoins are not physical.
Bitcoin Mining: Needs Dedicated ResourcesBitcoin can be created as and when necessary. That said, they are backed up by intangible computer resources in terms of both processor and storage. The method of encryption used to secure bitcoin transactions employs heavy and lengthier encryptions and thus consumes considerable computer resources. It would not be wrong to say a transaction initiated using bitcoin or parts thereof depend upon the number of servers (or bitcoin miner as they are called) and the computing capacity of these servers.
Read: Best Bitcoin Wallets.
Bitcoin Mining: Needs Dedicated Hi-End SoftwareA new Bitcoin is relatively easy to handle compared to bitcoins that were already used for transactions. Each transaction adds a good amount of hashing, etc., related to previous transactions, to the bitcoin. Each new transaction would require the miners to first decode the coin and then append a larger sequence to the bitcoin. Thus, it becomes heavier.
Considering it gold, assume that each time a bitcoin miner (server) receives a gold block (for example purpose) and decodes it, it also adds another layer of gold plating to it – thus making it heavier to an extent where the servers cannot handle the weight. Bitcoins too pass from the phase and at this point – where they become too large – the initial data is erased, and the last ones are kept to consider the previous successful transactions and then to work based on that.
The aim here is to keep the “weight” of bitcoins under a specific unit so that it does not crash the software engaged in mining. To casually define the bitcoin mining process, it is the process of understanding whether the bitcoin is genuine, i.e., being used legally – by decoding the previous transaction and comparing it to the log to see if they match. If they don’t, chances are 1) either the server missed the log report broadcasted upon previous successful transaction or 2) the same bitcoin is being used for two different transactions at a time – in other words, an attempt to hack into bitcoin mining.
All the above requires complex software. These are all open-source software – the only requirement is that each of the bitcoin mining servers should have compatible software to decode the previous transaction, validate it and create a new, long hash for completing the current transaction. I used the word “long” here as in some cases, two or more miners may create hashes at the same time and broadcast it to logs. In this case, the coin having a longer hash is considered – the one with the shorter hash is discarded. It means that the transaction goes through and only the small hash is discarded.
Read: Free Bitcoin mining software for Windows PC.
Bitcoin Miner: What Are The Incentives?You may ask me about the incentives for people managing the TOR network. They do not get anything except a little satisfaction towards contributing to user privacy. But in that case, the system resources used are pretty low. If you use your computer as a TOR node, your computer will not slow down. It will simply receive a packet and forward it to another node in the TOR network. That’s all.
Coming to bitcoin mining, special software and a good amount of computing resources are required. As long as there are new bitcoins being generated, the bitcoin miners get a good incentive for decoding and logging the transaction. In some cases, the people (users) who initiate transactions, also add transaction fees for the miners. Anything above the transaction value is kept by the bitcoin miner. This is good until a stage.
There is a limit to the number of bitcoins that can be generated and to the rate of bitcoins generation. It halves every four-year and ends at 2140. As of now, every ten minutes see 25 new bitcoins. Four years later, it will be 12.5, and again four years later it will be 6.25, and so on. This is something they’ve calculated based on the current protocol and technology. 21 million is the maximum number of Bitcoins that will be mined. Currently, there are only 17 million Bitcoins in existence.
Thus, the only incentive for miners is the amount they mine plus the transaction fee if any. Considering this with gold again, you can mine and sell only up to whatever the mine holds. After you extract the complete mine, the only way you can make money is by using the fluctuations in the gold rates.
That is why I said if you are a day trader, you can go for some quick profits. The rate of bitcoin is highly volatile and dependent on several factors, and one can make good money if she or he understands how it works. Unfortunately, like with other stocks, you cannot create a predictable graph that will trigger an alarm to buy and sell. Some stock exchanges have incorporated bitcoin exchange as well so you might get a ticker on your computer that alarms you when the value of bitcoin goes up a little. This bitcoin value monitoring software may be provided by the bitcoin exchange, or you’ll have to create a custom one. It is easy – you just manipulate existing tickers and add bitcoin to it as you add any other currency.
Read: Bitcoin vs Litecoin vs Dogecoin – Cryptocurrency compared.
Bitcoin Investment: Possible HurdlesRight now, some entities are accepting bitcoins as valid currency to trade their goods. According to a few reports, most of such entities are gambling points and illegal drug selling entities. Some reputed institutions such as Wikileaks also accept bitcoins so that contributors can stay anonymous. There is no way any agency can track the sender unless the sender leaves a trail of similar-sounding origin addresses.
As of date, there are few bitcoin exchanges that convert bitcoins into real currency and a recent law has made such bitcoin exchanges accountable for registration and taxation. This trend can grow – creating easy conversion as well as a good amount of taxation to discourage trading in bitcoins. If there are sufficient reasons to prove that a majority of bitcoin users are doing it for illegal reasons, such bitcoin exchanges may completely be closed in any country at short notice.
Read: How to access Blockchain Domains in a Browser.
ConclusionTaking into account:
If you are planning to invest in Bitcoins, invest only that amount that you can afford to lose. Bitcoins offer high risks, high-returns.
Currently, Biycouins have no real intrinsic value. It’s all speculation about possible future value.
Just 1000 people own around 40% of the Bitcoins – and that opens up various possibilities.
The miners will earn less and less as more bitcoins are in the network,
The value of BTC ‘may’ go down as the number of users increase, and
That the laws can change anytime against the exchange of Bitcoins into real currency,
I would say be careful if you want to experiment and make some money while it is still in its heyday. Whatever you do, trade in Bitcoins or use them to buy items, stay safe! If you fall into the category of day traders, yes – you go ahead and play! But if you are looking for long-term investments, you may want to wait and watch for a while.
I’ve eliminated several Bitcoin-related terms from the article to replace them with easily comprehensible words. For full details of how it works and possible dangers plus benefits, visit chúng tôi .
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