CME Bitcoin Futures calendar. Current contract settles on Monday.  |
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Solar + batteries are far cleaner than coal. You are in the pockets of Big Coal, you just don’t know it.
Wind + hydro storage is cleanest of all.
Also there is talk of building a global power grid which would circle the earth, sending solar power from the day side to the night side. You don’t need storage if you are consuming it elsewhere.
Already Australia is preparing to export solar energy to Singapore by undersea cable.
Are there already acceptable losses over metal cables of distances this far? Ask these guys: https://www.suncable.sg/Also: In July 2016, ABB Group received a contract in China to build an ultrahigh-voltage direct-current (UHVDC) land link with a 1100 kV voltage, a 3,000 km (1,900 mi) length and 12 GW of power, setting world records for highest voltage, longest distance, and largest transmission capacity.[7] https://en.wikipedia.org/wiki/High-voltage_direct_current |
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Solar + batteries are far cleaner than coal. You are in the pockets of Big Coal, you just don’t know it.
Wind + hydro storage is cleanest of all.
Also there is talk of building a global power grid which would circle the earth, sending solar power from the day side to the night side. You don’t need storage if you are consuming it elsewhere.
Already Australia is preparing to export solar energy to Singapore by undersea cable.
In any event, your opinion doesn’t matter. Coal is too expensive to mine, process, ship and burn and soon will be dead.
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Greta is not working, Greta is talking and traveling the world as politicians do. Greta is playing. Greta will probably be one of the world leaders in the future while the other children would die.
It is a dumbest pic.
That’s exactly the point of the picture. Right wing politicians criticize Greta saying her childhood has been stolen. But it is right wing politicians in the pocket of outdated industries like coal mining that are doing the stealing (and giving false hope to coal mining communities). We are going to end up with 95% renewables in 20 years because they are cheaper than everything else when combined with hydro storage and battery storage. Today there is so much solar power in Australia that electricity during the day is often at a negative price - you are paid up to $1,000 per megawatt hour to take the electricity. The South Australian battery farm built by Elon Musk is paid to charge from the grid during the day, and then paid to discharge to the grid in the evening peak. It is making a killing, and the coal plants are shutting down because they can’t cope with the price swings on the network (they can’t ramp up and down their production). It would make it easier if the dinosaurs got out of the way, and allowed for coal mining communities to adapt and transition. But they lie and pretend that coal is the future when we have some much electricity already we have to pay people to take it. So people in these communities live with false hope of a new coal boom that will never come. They don’t prepare for their future because politicians lie to them. There will be no coal mines in 10 - 15 years. Not because of the greenies, but because coal is too expensive for generating electricity. Once you have built it, wind and solar run for free. And they get drastically cheaper to build every year. And storage is also getting drastically cheaper every year. |
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Incel achieves mission of standing up to Chads and Stacys by killing 10 with van https://nationalpost.com/news/canada/toronto-van-attack-police-interviewMinassian connected with likeminded men primarily through message boards on 4chan and Reddit, he said. The forums reveal incel discussions dwelling on outrageous expressions of misogyny. Primary themes include: vivid threats of rape, death and subjugation of women; urging violence against men who are sexually active; and bleak, often suicidal self-denigration.
Although he said he doesn’t hold “any political views,” he was attracted to forums featuring “political discussions with an alt-right bias,” he said. “It was very blunt and honest,” he said of the online posts. There he learned the “red pill truths about why women choose to date obnoxious men. It’s time for real men to stand up against outrageous misogyny on social media. |
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Greta should know what she is talking about then. Edit although apparently the above claim is a bit misleading as the father is “distantly related”. Many Swedes are likely “distantly related” to each other, just like old Irish families are all related. https://heavy.com/news/2019/09/greta-thunbergs-family-parents/ |
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-... / .. / - / -.-. / --- / .. / -. // .-- / .. / .-.. / .-.. // .-- / .. / -. //
--. --- -... .. - -.-. --- .. -. --. ---! Not this again! |
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imagine being so rich spilling doesn’t matter
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I disagree on your interpretation of “relatively high”. Weekly RSI is about 45 and falling. Historically the only time we get under 45 Weekly RSI is during the significant bottoming events in January 2015 and December 2018. I would say 45 Weekly RSI is “relatively low”. To get much further down you have to assume a capitulation event. We already had our capitulation this cycle. Am not convinced we need a second one this cycle. During the 2013 first crash we never got below 48 Weekly RSI.  I see where you are coming from. The only thing I would add is we fell from 6k to 3k from these weekly RSI numbers. I don't discount a bounce here. I also would not be surprised if we go down to 7k. Beyond that I don't expect much further downside. I have been doing some buying at these levels , so that says something of my expectations. Sure. We are talking probabilities here. I am not going to rule out a swing down to $7k either. That’s only a 13% drop from here. But I am calling an effective bottom somewhere around here. |
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I disagree on your interpretation of “relatively high”. Weekly RSI is about 45 and falling. Historically the only time we get under 45 Weekly RSI is during the significant bottoming events in January 2015 and December 2018. I would say 45 Weekly RSI is “relatively low”. To get much further down you have to assume a capitulation event. We already had our capitulation this cycle. Am not convinced we need a second one this cycle. During the 2013 first crash we never got below 48 Weekly RSI. |
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я дyмaю тaк и бyдeт
сделать его |
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Daily RSI is at 20. The only time we have been this low in the last couple of years was when we bottomed at $3.1k.  This is strongly suggestive of bottoming. And we have a bullish divergence on the 4 hour  Time to bounce |
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We are seeing consolidation around the 200 DMA (red curved line). Good solid volume on relatively small price movement yesterday is consistent with a local bottom. A post-Bakkt relief rally remains a strong possibility. Expect resistance from the bottom of the triangle if we head back up. I will be watching to see if we can consistently inch upwards from here on very light volume. This would set up a debart to high $9ks. Alternatively, if we stall or drift lower and sit directly on the 200DMA like a hen on eggs, then we risk breaking those eggs and heading down sharply further. Daily  Close up of 200DMA. We need to be gently climbing away. It is rising so going sideways isn’t quite good enough. I want to see us staying above $8420, not drifting down into the $8300s.  |
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FYI quoting the Roach is an ignore offense
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Interesting possibility to converge back to the 2015 fractal  |
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$8710. Going to bed. Night all
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Observing $8692. Bounce bounce bounce
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Cannon-Brookes' plan to export Aussie solar power to Singapore
Atlassian co-founder Mike Cannon-Brookes will invest part of his personal wealth in an audacious $25 billion project to create the world's biggest solar farm, its biggest power storage system, and a 3000-kilometre cable to export energy to Asia.
Speaking on the sidelines of the United Nations climate forum, Mr Cannon-Brookes revealed he would "shortly" declare how much equity he'll plough into the project company SunCable.
Atlassian is one of only a handful of prominent Australian companies signing up to reaching net zero emissions as part of a broader push to spur business into action in the face of what United Nations Secretary-General Antonio Guterres this week described as government "obstruction" on climate policy.
"I'm backing it, we're going to make it work, I'm going to build a wire," Mr Cannon-Brookes told The Australian Financial Review in an exclusive interview in New York on Monday (Tuesday AEST).
After months of rumours, the Financial Review Rich Lister has for the first time publicly confirmed some of the details around what would be a bold nation-building project of global significance.
The Northern Territory project, which will run alongside the railway, will take seven or eight years to connect to Darwin and Alice Springs then offshore through a cable under Indonesian waters. It will be fully unveiled in the "next couple of months for sure".
Certainly before the end of the year," he said.
During this week's United Nations General Assembly, and immdiately after the interview, the tech entrepreneur met with the Singapore government for talks about about how to supply 25 per cent of the city-state's energy needs within a decade.
The Cannon-Brookes family office, Grok, will invest "along with a lot of other Australian entrepreneurs".
"We haven't announced who is involved but it's a pretty amazing crew," he said.
Mr Cannon-Brookes declined to provide a dollar amount, but his remarks put to rest speculation Grok's financial involvement would be limited to some form of lending facility.
The total project cost would be between $20 billion and $25 billion, he said.
Call it half an NBN project – and a much more inspiring infrastructure project, if I may say so," Mr Cannon-Brookes said.
"[The NBN] is OK, good; it's not great. This will be absolutely great – with world-leading engineering required all up and down. But we can do it."
Seated at a coffee table in the famed Plaza Hotel just off Central Park – fresh from a private meeting with former US vice-president and environmentalist Al Gore and media mogul and politician Michael Bloomberg – the entrepreneur outlined his vision for SunCable to evolve from a "lighthouse project" to unlock an industry supplying sustainable non-fossil fuel energy to billions in Asia.
A 'completely batshit insane project'
SunCable's plans include 15,000 hectares – equivalent to 7500 football fields – of photovoltaic panels near Tennant Creek, generating "more than 20 giga-watts" of capacity hooked up to a battery and high-voltage DC wire to the north.
It's a "completely batshit insane project", Mr Cannon-Brookes conceded. But the "engineering all checks out".
"Elon [Musk] assures me that his batteries will work at 50 degrees centigrade, which is what they need to do to work in Tennant Creek," he said, referring to the US entrepreneur's Tesla power storage company.
The project may also expand to providing cheap large-scale energy for the production of hydrogen fuel, which could then be exported to markets such as Japan and replace coal-fired steel plants – or even revive Australia's domestic manufacturing sector by producing "green steel", he said.
Mr Cannon-Brooks slammed what he described as a dearth of federal government vision on the need to address climate change and wean Australia off fossil fuel exports – which he said equated to between 10 and 12 per cent of the world's emissions.
That's insane for a country of 25 million people," he said.
While visiting the UN climate talks, which follow last week's rallies for action across major global cities, Mr Cannon-Brookes said Australia's failure to act was "shameful".
"You almost feel guilty walking around saying you're Australian in these places because you get looked at like, 'ah you guys, when are you going to figure it out?'," he said.
"This is a dire worldwide emergency and we need to treat it as such."
Helping pivot Australia from a coal shipper to a renewables-exporting superpower are a number of natural advantages, he said
"In a carbon-constrained world, Australia should be a winner.
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RSI in the gutter. Up from here? seems some pause for breath at least.
Local low of $7998 would be a great place to bounce from Just increased the size of my DCA long by 10% in a single market order. I guess it’s not pure DCA anymore. That will do for today. Let’s sit back and watch. |
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