July 2008 LHC End of the Universe Puts
People are concerned about an end of existence event that may be caused by the Large Hadron Collider and there is talk when the LHC is turned on in July 2008, that a super-collision here, a super-collision there and *bam*, no more Universe. This would doubtless be an event from which most investors have not adequately protected their portfolios. That is why Long or Short is now offering LHC End of the Universe Puts. It’s a simple put option wherein the buyer retains the write to sell the Universe at a strike price of “Existing”. Based on our Black-Holes model used to value all “end of the world” options, the July 2008 vintage options are currently priced at $20.
Read more here.
$20 options, will have to investigate. Sounds similar to the Lloyds of London insurance policy taken out to cover ‘world destruction’. I suppose the Insurance company just keeps the payout tied up in court for a decade or so if they lose (to avoid payout.)
See what 2001 Physics Nobel Laureates Dr. Cornell and Dr. Wiesman say about the possibility of micro black hole creation from a Bose-Einstein Condensate bosenova implosion (Dr. Cornell, diplomatically) “probably not a black hole, more likely…“, and (Dr. Wieman more bluntly) “I can state ABSOLUTELY CATEGORICALLY that it is totally inconceivable” then compare that with what MIT Physicists appears to be predicting in their papers. “We verify that the picture presented by Ueda and Huang is correct. For N > Nc , a “black-hole” does appear at the center of the trap”
Appear to be very different predictions. Waiting for better clarification…
Details at LHCFacts.org -> Collider Incidents
JTankers
LHCFacts.org
Safety Issues in Layman’s Terms…
I am assisting in educating about the potential danger and counter unsupportable public relations statements of “no danger”, “don’t worry…” concerning operation of the Large Hadron Collider.
The physicists involved, actually a majority of experimental physicists really really want to believe that this type of experimentation is safe, otherwise it could shut down a huge amount of science research.
The problem is not only might it be unsafe, it might be really really unsafe.
A primary issue is that the energies are so high that the experiment may collapse some particles into ‘micro black holes’. (CERN estimates possible creation at a rate of one per second).
If these exotic particles evaporate or grow extremely slowly, then there would be no problem. However several PHDs in Math and Physics and other theoretical sciences (I can provide quotes and links) believe that BOTH might be false. Micro black holes may likely NOT evaporate and they likely might grow relatively QUICKLY.
That might mean that in a matter of just perhaps a few years or decades a single micro black hole could grow so large that it might actually collapse the entire Earth into it.
CERN wishes to start operating the LHC experiment later this year and is planning to release a study that will attempt to prove safety. But it might not be possible. And the fear is that the experiment might go forward anyway, with the hope that it will prove to be safe…
The alternative is hugely negative for the thousands employed by the experiments and who have been working for years to conduct their experiments. Big stakes for careers, science, prestige, funding, etc.
A court case before US Federal Courts to compel reasonable proof of safety has its first hearing on June 16, 2008 in Hawaii.
More information is also available at other sites, including LHCFacts.org and LHCDefense.org (wealth of quotes, links, articles, etc. from independent sources and credible experts).
Cheers,
JTankers
A good discussion in layman’s terms is available on YouTube video. Interview with Nuclear Physicist Walter L. Wagner with Coast to Coast AM
“LHC may cause mini black hole and swallow earth”:
part 1 of 4
part 2 of 4
part 3 of 4
part 4 of 4