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

[ChartBuddy]

Explanation

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[xhomerx10]

Dammit, Wall Observers!  They're onto us.

 https://www.ctvnews.ca/mobile/sci-tech/world-s-richest-1-per-cent-will-emit-too-much-to-limit-global-warming-to-1-5-c-study-1.5653753


"They found that the richest one per cent and the richest 10 per cent of the population are on track to emit 30 times and nine times, respectively, more carbon dioxide than the level compatible with the 1.5 C goal."

I hate seeing people writing obvious BS articles as if they know what they're talking about!
The "space tourism" they cite, yea... Hydrogen & Liquid Oxygen fuel emits water vapor, no CO².
This is nothing more than "Hate The Rich!" & "We All's Gonna Die!!!" Bullshit propaganda.

I'm not a climate science expert, but I know water vapor is much worse than CO2 as a greenhouse gas.

Quoted from the article:
"So has – more recently and “most egregiously,” according to the study – the introduction of “hyper-carbon-intensive luxury travel space tourism” in 2021. For example, a single 10-minute flight for around four passengers can burn hundreds of tonnes of carbon, the researchers said."

Now, sure, water vapor emitted into upper atmosphere can mix with other chemical pollutants to cause O³ damage, as well as vapor clouds effecting heat retention, BUT that is NOT what the article is saying! The writer is 100% pulling shit out of his ass to put in a blog.

China's emissions have gone up exponentially since the start of the Paris Accords and the US has made bigger cuts to CO² emissions after LEAVING the Paris accords than all other participants combined! Guess what has had the greatest impact on carbon reduction... Fracking! Oh the Horror! Right!?!
It's all a bunch of BS! The most effective way to reduce our ecological impact is to promote growth & economic prosperity! Hungry people living in poverty don't give a Fuck about environmental issues! If they can burn old tires to keep their children from freezing in the winter they'll happily do so! But much more commonly they cut down trees and burn wood! (The most ecologically inefficient form of energy... deforestation!) And if you really want to get into the root of the problems it's not the carbon footprint of the 1%! It's the heavy metal mining, and toxic processes used to generate touch screens and solar panels... there's a reason why it's all done in China & Thialand, OUR environmental restrictions are far to restrictive to allow such industries to operate in any competitive manner. And disposal of all these solar panels, touch screens, & windmill propellers??? Good Luck!

Sorry just tired of BullShit propaganda obfuscation of things that we actually CAN do to make things better.

The true key is clean water for showering and drinking.

Incentives for blowjobs handjobs rimjobs muffdiving.  Simple easy way to reduce population growth worldwide.

In 1957 the worlds pop was under 3 billion
In  1969 the worlds pop was over 3 billion
Now in 2021 the worlds pop is about 8 billion.

Pay people to make no kids just have lots of fun sex.  Problem solved.

Just a thought . Not a real solution.

 Not a viable solution either.  We need those kids to pay off the massive amounts of debt we're racking up trying to save the planet we've already destroyed so they have a habitable planet they can no longer afford to use as launch pad for Mars so they can destroy that once they've greened it up enough to make it habitable. 

[ChartBuddy]

Explanation

[xhomerx10]

Dammit, Wall Observers!  They're onto us.

 https://www.ctvnews.ca/mobile/sci-tech/world-s-richest-1-per-cent-will-emit-too-much-to-limit-global-warming-to-1-5-c-study-1.5653753


"They found that the richest one per cent and the richest 10 per cent of the population are on track to emit 30 times and nine times, respectively, more carbon dioxide than the level compatible with the 1.5 C goal."

I hate seeing people writing obvious BS articles as if they know what they're talking about!
The "space tourism" they cite, yea... Hydrogen & Liquid Oxygen fuel emits water vapor, no CO².
This is nothing more than "Hate The Rich!" & "We All's Gonna Die!!!" Bullshit propaganda.

 I don't want to be too nit-picky but currently the favourite method of production for hydrogen is:

the steam-methane reforming reaction
CH4 + H2O (+ heat) → CO + 3H2

and the water-gas shift reaction
CO + H2O → CO2 + H2 (+ small amount of heat)

 Which (as shown above) effectively burns natural gas albeit in two stages rather than one.  Space travel isn't carbon-neutral yet though it could be (well... theoretically) if they obtained the hydrogen via electrolysis of water using solar and wind power though some would debate if that would ever be truly "carbon neutral".

[xhomerx10]

Loving the new look ChartBuddy!

[ChartBuddy]

Explanation

[Syke]

Pay people to make no kids just have lots of fun sex.  Problem solved.

Just a thought . Not a real solution.

Next up, Vasectomy Passports. TBH, that would solve a fair amount of problems.

[jojo69]

Pay people to make no kids just have lots of fun sex.  Problem solved.

Just a thought . Not a real solution.

Next up, Vasectomy Passports. TBH, that would solve a fair amount of problems.

https://www.youtube.com/watch?v=j2zQKqgNAeE

[JayJuanGee]

Interesting analysis of the potential top price of this cycle:

https://www.nasdaq.com/articles/estimating-this-cycles-bitcoin-price-top-2021-11-06

TL;DR 160-368K (midpoint 264K)..peachy

I am a wee bit confused about the definition of "cycle" that the article is using.

Haven't we already established that this cycle has a time element too.. so when is the time element that the article is predicting in terms of when this supposed top will happen?

Well the question is not the top of the cycle as much as it is the length.

I still think the cycle will stretch further then any former cycle has ever been.

Which means not NOV/DEC 2021 blow off and decline starts Jan 2022

Mainly due to covi-19/chip shortages/ supply chain issues / money printers go brrrr /

In Jan 2022 social security will go up 5.9% biggest jump since Ronald Reagan was the prez.

But life is unpredictable if you try to pick the ending month of this cycle it is hard to do.  Should be fun to watch it unfold .  I root for 6-8 months of sideways and Maybe May 17 we do the real jump up. Till August 1st.
 2022 say 300k then we drop.

Fair enough philip.   I was largely attempting to criticizing the article quoted by Biodom by seeming to not even specify a timeline for the cycle and just leaving the timeline of this particular cycle vague.  

I would supplement what you are saying philip with a suggestion that there is likely a kind of gravitation for the bitcoin price to cycle within four-year time frames as is already suggested by S2F and by the four-year fractal models which are surely amongst the most valid of current models to suggest where bitcoin is going.

 However, at the same time, I would suggest that current events (happenings) like the ones that you suggest can end up causing pulling effects on the dynamics of this particular cycle to potentially cause it to drag out longer than expected (at least this time around), and also just considering some of our recent bitcoin specific price momentum events, such as both how long it has taken to recover from our 56% price drop (in May/June) and also even if parallels can be drawn between today's overlay of the fractal and BTC's price dynamics in 2013.  It does not seem that currently we have as many of the smallness factors (size of the market) of the 2013 cycle to end up experiencing a blow off top that only went about two months in 2013... once the BTC price started to shoot up in September/October 13 to end up peaking in November 13 and then having a pretty quick downfall too..  

Anyhow, there do seem to be sufficiently more maturity in the BTC market now in order to help facilitate BTC price dynamics that might drag this cycle out longer than previous cycles, even if there might be another one or two tops (that feel as if they are blow-off tops) contained therein before what ends up being the actual top of the cycle is completely reached.

[Hueristic]

Pay people to make no kids just have lots of fun sex.  Problem solved.

Just a thought . Not a real solution.

Next up, Vasectomy Passports. TBH, that would solve a fair amount of problems.

Three-child policy: China lifts cap on births in major policy shift

https://www.reuters.com/world/china/china-says-each-couple-can-have-three-children-change-policy-2021-05-31/

[ChartBuddy]

Explanation

[Hueristic]

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[marcus_of_augustus]

... I like your visions Edstradamus ...

... but that's so far out there, it might be true then .... or do you need your 'ead read Ed?

I had a dream last night..

In my dream I woke up and checked the Bitcoin price how I always do..
At first I saw 1.1 and 800 and thought we just cleared 100k and came back down to around 80k..
THEN I realized what I was seeing on the chart was a high of $1.1 million while I was sleeping and it came back down to in the 800k area..

I was trying to decide if I should sell a little piece immediately or not..


Then I woke up for real and we were only just over $60k still..


$1.1mm coming soon..
As seen by Edstradamis..

[ChartBuddy]

Explanation

[Arriemoller]

Good morning, I saw this in the shop a couple of days ago together with other board games they are selling for Christmas.
As best I can tell it's a game of unclogging the toilet by using the plunger to get the turd out.
There is some info in some southern language, perhaps we have southern speakers here that can translate?

I almost bought it.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[fillippone]

Loving the new look ChartBuddy!

Appropriate, for the 5th of November.


This is pure gold:


https://twitter.com/wclementeiii/status/1456976103214620684?s=21