Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[kurious]

And while I am in - I love the TA Hairy.  I was concerned about this support line going back to 2018.  I think it is where the bears were aiming.  Now the RSI is picking up, seems you were spot on.

The line meant around the $7K mark...  +/- $100

[El duderino_]

Mic riding on the back of the hairymaclairy Unicorn.... smoking a big Hopium boost

[El duderino_]

https://m.hln.be/geld/economie/belgen-opgelicht-met-onbestaande-cryptomunt-verlies-bedraagt-ruim-1-6-miljoen-euro~ab88f093/
^
Many Belgian people invested in Onecoin, obvious scam ——> everyone lost money

Friends of me also asked me if they should invest in this sh*tscam

Luckily they had someone to said absolute don’t buy

[Biodom]

For those not familiar with this aspect of TA: the bottoming of RSA does not, unfortunately, mean that the price stops going down. Check the RSI vs price in Dec 2018.

IMHO, going down another 500-800 points is equally possible to gaining 1K points.
BTW, unless we gain 8K from here, "anonymous" prediction for October (16K) would be wrong.

[heslo]

I have a 6kWh Solar panel system going in next Wednesday. So I am doing my part

Got a 6.6kWh system installed at the start of the month; it's nice to save on energy costs AND help the environment. I'm having fun logging and looking at the generation data too but that's my inner nerd coming out 

[ivomm]

This is the chart from the Summer of 2017. After the local top at 2900-ish, we had a falling wedge with a bottom around 1800 - kinda 40%-ish drop. The bull run that followed ended at 4800-ish, which is 2.66 times higher than the local bottom and 1.65 times higher than the previous ATH. After that another crash to 3K, and the rest is history. My point is that this pattern can repeat now - a bull run to 18-20K, then a crash to 12K. And after that a 6x bull run to 72K.  That's what I call hopium for the night. Going to bed now  

[gentlemand]

Got a 6.6kWh system installed at the start of the month; it's nice to save on energy costs AND help the environment. I'm having fun logging and looking at the generation data too but that's my inner nerd coming out 

Commie.

[goldkingcoiner]

Why Greta Thunberg triggers the troglodytes among us

The internet has it in for Greta Thunberg, or at least it seems that way sometimes. In spending any time probing the blather of bottom-feeders though, there's a danger of amplifying it. A risk of implying that it's common, ubiquitous even. It isn't. The teardowns and tirades aren't everywhere: in my feed they certainly don't outweigh all the love and praise, the admiration and all the go you good things.But there's an underbelly. A cruel and creepy world where it's apparently perfectly fine — nay, encouraged — for adults, generally (but not exclusively) male adults, to shred a 16-year-old to pieces. Greta ticks all the boxes. She triggers the troglodytes among us in some wholly predictable ways.

The voice of a generation?

Greta Thunberg inspired a global movement for climate action, but some haven't welcomed her message. She's a girl. To say our culture hates girls is, of course, an overstatement. Afterall, we enjoy looking at girls and having them sing and shimmy for us. We quite like it, say, when they swim fast enough to earn "us" a gold medal.We especially like them consuming our products and chiming about them on social media. But we largely abhor girl culture. Things that girls like, things that girls are interested in, are routinely devalued and considered as trivial. If a book, a band, a film, a foodstuff has a disproportionate teen-girl following — think Twilight, think Taylor Swift, think Billie Eilish — it's rendered culturally unimportant at best and as vacuous crap at worst.

The moment girls scream and cry over something is the moment our culture has decided it's wholly unimportant. She's not just a girl — she's a girl with Asperger's. She's not just a girl though. We like certain 16-year-olds. Ideally, ones that look like they're on the cusp of blossoming womanhood. Barely legal in porn parlance. The spotlight for girls in our culture shines on the ones that are a tad salacious. This won't go unpunished though. Let's not pretend being sexual doesn't come at a cost; let's not pretend that double standards don't abound — but it's the mandate. If we're going to pay her any attention, the least she can do is offer us something enticing to look at. To smile for us. To not be too strident. To play nice.

Greta Thunberg isn't a 16-year-old doing sexiness for us. She's not performing femininity, she's not exchanging eroticism for a platform to talk about the environment. She's a soft-spoken girl with bare skin and pigtails. And because this packaging is so unfamiliar on the world stage — because we have no real track record of paying attention to girls who look like this — it's acceptable to ignore her.  She's not performing adult womanliness in the way we expect, so we downplay her as just a child. And we don't consider children as sources of authority, of expertise. They're naive, and their words — their wants, their hopes — get discounted.

But she's not just a girl. She's a girl with Asperger's. And Asperger's is commonly perceived as a disability. And the disability frame means she's not neurodiverse. Her differences aren't what make her different — make her amazing, rather. She's rejected as fanatical. As a single-minded obsessive. As someone who keeps banging on about the same thing over and over again after everyone else has left the room.  This enables Greta to be brushed-off as not comprehending nuance, of not "getting" social cues. As failing to understand how the world really works.  As being not only naive, but as a bit "broken". Certainly too broken — according to haters on the internet — to be listened to about policy matters.  Greta is the ghost of a very dismal Christmas future

But she's not just a girl with Asperger's. She's a Swedish girl with Asperger's.  In lots of ways, we quite like the Swedes.

'Being different is a superpower'

Swedish climate change activist Greta Thunberg has hit out at critics, describing her Asperger's diagnosis as a "superpower" that she has never tried to "hide behind".  We like their noir novels and their flat-pack furniture. Their ABBA, their Lykke Li. Their cosy cocoa-and-cake culture. And we often find appeal in much of their public policy. Appeal right up until the point where we have to ponder paying for it.  Then, abruptly, Sweden is slammed as a socialist dystopia.  When a girl from Sweden tells the world all the ways that they are failing the planet, all the toil we're neglecting to do for the earth, she's dismissed as a meddler.   She's a person — and not just a person, but a mere girl — who's looking down at us, who's judging us.

If we can work out ways to disregard her — to use her age and accent and Asperger's against her — then her scowling and judgment doesn't matter.

In considering the source as less than, we can rationalise not paying proper attention. Afterall, the judgment of our inferiors matters little.  But she's not just a girl, with Asperger's, who's Swedish. For the kicker, she's a girl, with Asperger's, who's Swedish and who's asking us to do more than just separate our rubbish.  And this is what it's really about. The pigtails and soft voice takes a backseat to the true problem with Greta Thunberg: she reminds us of the litany of our collective failings.  
Not just about how we don't care enough, but that we're not doing enough. That we're not outspoken enough. That we're not sacrificing.

That even if we acknowledge that there's a climate calamity, we're not forgoing anything for it.  Just as we hate vegans because they remind us that there's a dark cost — paid by animals every bit as sentient as our fawned-over puppies — to that burger, Greta is the ghost of a very dismal Christmas future.  It's equal parts predictable and reprehensible that a girl gets targeted because she's saying and doing what we're too — variously — lazy, complacent and greedy to do ourselves.

But the reasons she bristles, the reasons that a soft-spoken 16-year-old Swede has the capacity to stir such defensiveness and prompt such venom, is testimony to the fact that she's doing an awful lot right.

https://abc.net.au/news/2019-09-28/unpacking-twitter-tirades-why-are-we-triggered-by-greta-thunberg/11545952

Oh and I forgot to mention: I totally agree with her. I just doubt she writes her own speeches. I don't like the governments holding her up like Simba and then introducing a new tax on CO2. Which is a useful tool for government. Can't deny her message without making yourself sound like a climate change denier, so we voluntarily walk our proud selves to the economic slaughterhouse.

[HairyMaclairy]

And while I am in - I love the TA Hairy.  I was concerned about this support line going back to 2018.  I think it is where the bears were aiming.  Now the RSI is picking up, seems you were spot on.
The line meant around the $7K mark...  +/- $100

Understand where you are coming from.  Here is a simplified version of my thinking.

[kurious]

I'd prefer you being right - but I have a little more dirty fiat held back

[HairyMaclairy]

I'd prefer you being right - but I have a little more dirty fiat held back

Sensible.  I bought my first physical since June.  But am holding plenty back in case I am wrong.  I think the key is to try to set up a system so that you win no matter what happens.  Then you can go hard within the boundaries of that system. 

[makrospex]

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

Thanks for the start.
In my country, they lately propagate hydrogen as climate-friendly alternative to gasoline and diesel, while 99% of all hydrogen is made from fossil sources.
So it's a "climate killer" indirectly too. This is just one example of extremely dumb politics regarding the climate issue and the people seem to naturally buy it.
It's unlikely to be the only one, so i got used to question any climate friendly solution in the first place.
While many ideas in this field are good, they also bring downsides with them, with even worse effects on climate mechanics.
"good intentions" are not enough to solve problems in efficient ways. Side effects are a real bitch, to sum it up.


EDIT: BTC at $8.209 again. nice.
 

[HairyMaclairy]

I agree with you.  But there is a hope for green hydrogen as well.  In Western Australia they are building a 15GW plant for export of green hydrogen generated from wind and solar.  Once you have build the plant, it is very easy to add more panels and turbines.

https://reneweconomy.com.au/pilbara-green-hydrogen-project-grows-to-15gw-wind-and-solar-97972/

[Fatman3001]

Here childhood has been stolen? nha..

that must be the dumbest pic I've seen in a long while

How it's dumbest? Can you explain?
I will say one should feel sad looking at those kids working at this age while they were to go to school.

He is a commie. Of course he thinks that picture is stupid.

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.

Greta is a psychopath. She is a child and her labor is being used by even bigger psychopaths.

You guys are small and pathetic

[heslo]

Got a 6.6kWh system installed at the start of the month; it's nice to save on energy costs AND help the environment. I'm having fun logging and looking at the generation data too but that's my inner nerd coming out 

Commie.

Care to explain why?

[soxxx]

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.

And you realize the left preaches that airplanes and cars are terrible while they fly in on airplanes and drive in on cars to preach that airplanes and cars are terrible?

If you are going to talk the talk, then walk the walk, Liberals aren't any better. (Throw in the fact they never go after China, India, Germany's policies who pollute the world drastically)

[Icygreen]

 Couldn't help but think that one of the unsavory WO lunatics started this. 
https://twitter.com/brucefenton/status/1177360628601819137

[Ibian]

Guys here is the secret sauce to the whole climate question. Ready for it? Ready? There is nothing wrong with the climate.

[gentlemand]

Care to explain why?

Caring about the environment is for pussies. You're supposed to eat raw meat and fart diesel fumes if you want to be a right wing Alpha in this day and age. If you want to prove yourself go bleach a coral reef and burn down a rain forest.

[makrospex]

I agree with you.  But there is a hope for green hydrogen as well.  In Western Australia they are building a 15GW plant for export of green hydrogen generated from wind and solar.  Once you have build the plant, it is very easy to add more panels and turbines.

https://reneweconomy.com.au/pilbara-green-hydrogen-project-grows-to-15gw-wind-and-solar-97972/

That's good news, indeed.
They have to look for secondary effects by the production of h2o when massively using it. Of course, otto-cycle engines are still a too good way to waste fossil energy, while electrical powered engines would use the energy much more efficient and distribute less heat.