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

[HairyMaclairy]

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  But it is right wing politicians in the pocket of outdated industries like coal mining that are doing the stealing (and giving false hope to coal mining communities).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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[rebal15]

-... / .. / - / -.-. / --- / .. / -. // .-- / .. / .-.. / .-.. // .-- / .. / -. //

--. ---  -... .. - -.-. --- .. -.  --. ---!

Not this again!

-. --- -  - .... .. ...  .- --. .- .. -.!

JJG is in out of service.

[kellrobinson]

Greta is a psychopath.

She has Asperger's, a mild form of autism.

[becoin]

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.  

Battery production and then battery "utilization" at the end of battery life (solar panel respectively) is much more damaging to Nature than using coal. You just want China to do the dirty job and produce the battery and export it to the "clean" country and then the "clean" country will be paid by Chinese for the carbon emissions China produces to make the battery for the "clean" country. Then at the end of the battery life the battery will get repatriated back to China for utilization which is even more poisonous for the soil than the production. As an alternative used batteries and solar panels can be dumped in some third world countries. Do you think people at the production and dump sides are really that stupid? Don't be naive!

[HairyMaclairy]

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.

[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?

[Ibian]

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.

Wrong on everything as usual.

[HairyMaclairy]

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

[Globb0]

[HairyMaclairy]

I found the article on the global electricity network the Chinese want to build.

https://www.nbcnews.com/business/energy/china-unveils-proposal-50-trillion-global-electricity-network-n548376

Western politicians need to get off their ass and stop fighting about coal before the Chinese build the global network and dominate the global energy industry.

It is shameful that China is already the global leader in clean energy.

[HairyMaclairy]

CME Bitcoin Futures calendar.  Current contract settles on Monday.  

[Biodom]

CME Bitcoin Futures calendar. Trades don’t settle until Monday unfortunately so I don’t expect any rallies until after Monday. 

Is there actual evidence for this correlation? A genuine question.
At the moment, let me be doubtful.

[HairyMaclairy]

Funny.  I edited my post while you were responding, because I decided I did not have evidence for it.  You were quite right to challenge this point.

I will go away and research it because I would like an answer too.  I will let you know what I find, if anything.

[_javi_]

CME Bitcoin Futures calendar. Trades don’t settle until Monday unfortunately so I don’t expect any rallies until after Monday. 

Is there actual evidence for this correlation? A genuine question.
At the moment, let me be doubtful.

the evidence is empirical..

https://www.trustnodes.com/2019/09/22/its-expiry-friday-will-bitcoins-price-fall-once-more  (sorry to repost it)

https://kryptografen.com/news/are-institutional-investors-manipulating-the-bitcoin-price/

https://www.forbes.com/sites/billybambrough/2019/09/25/striking-bitcoin-research-points-to-price-manipulation/#4d295c425c2b

[rebal15]

I found the article on the global electricity network the Chinese want to build.

https://www.nbcnews.com/business/energy/china-unveils-proposal-50-trillion-global-electricity-network-n548376

Western politicians need to get off their ass and stop fighting about coal before the Chinese build the global network and dominate the global energy industry.

It is shameful that China is already the global leader in clean energy.

Very good project that will connect all the green resources in the world, the southern sun and the north winds. but domination is scary, very scary when it comes to energy.

[rebal15]

That could be the coolest picture I have seen.
Trump could be thinking about changing his position about climate change.

[Arriemoller]

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. 

https://heavy.com/news/2019/09/greta-thunbergs-family-parents/

Here childhood has been stolen? nha..

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

Fatty McFatsson
Fails to interpret the pic
Low IQ snowflake

[HairyMaclairy]

Targeting a bounce within next 5 days to hit underside of triangle @ $9500 - $9600.  

But hang onto your hats if we blow through the bottom side of the triangle, cause we might blow through the topside too.  

This is the relief rally post-Bakkt now that everyone has realized the world is not ending.

[Arriemoller]

I found the article on the global electricity network the Chinese want to build.

https://www.nbcnews.com/business/energy/china-unveils-proposal-50-trillion-global-electricity-network-n548376

Western politicians need to get off their ass and stop fighting about coal before the Chinese build the global network and dominate the global energy industry.

It is shameful that China is already the global leader in clean energy.

Really? "China is the largest producer and consumer of coal in the world and is the largest user of coal-derived electricity."

https://en.wikipedia.org/wiki/Electricity_sector_in_China

[HairyMaclairy]

China’s use of coal is absolutely horrific.  

But you can be the world’s worst coal offender and world’s clean energy leader at the same time....

China is a big, complex place.  It does a lot of contradictory things.