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

[ChartBuddy]

Explanation

[1714506054]

1714506054

[1714506054]

1714506054

[Richy_T]

There’s a will, there’s a way


https://twitter.com/documentingbtc/status/1502398744037408781?s=21

That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

[ChartBuddy]

Explanation

[xhomerx10]

There’s a will, there’s a way


https://twitter.com/documentingbtc/status/1502398744037408781?s=21

That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

 If the methane is burned off (hence flare gas), then it's purely an economic issue when it's used for bitcoin mining instead but many oil companies just vent the gas (since it's less dense than air) into the atmosphere rather than burn it and in that case, the unburned methane has somewhere over 20 times the effect of CO₂ as a greenhouse gas.  This is why they're going after cattle as well.  We're going to have to tap those cattle next for bitcoin mining.  Bitcoin miners will also try to make the case that using flare gas removes some reliance from other fossil fuels which have a higher carbon content and coal (pretty much all carbon).  I'm not sure I buy that logic because if the energy comes cheaply enough from flare gas, then older, less efficient bitcoin miners could be used where they would be too inefficient for use within the existing electrical distribution system.

 

[ChartBuddy]

Explanation

[Toxic2040]

+1 WOsMerit


------

If this continues we might see global leaders of the bitcoin friendly nature and revolution phase second has already begun where countries are now adopting it.

+1 WOsMerit


-------

There’s a will, there’s a way


https://twitter.com/documentingbtc/status/1502398744037408781?s=21

That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

typical right wingnut response because lack of understanding of basic maths and a unwillingness to educate ones self off of MSM brainwashing  /s?


about 5 seconds on google cause i type slow
'what is digital flare mitigations impact on CO2 emissions?'

https://www.ndlegis.gov/assembly/67-2021/testimony/HFINTAX-2328-20210309-8106-F-CAVNESS_CULLY.pdf

already knew what relative meant..but here you go
https://dictionary.cambridge.org/us/dictionary/english/relative

being judged or measured in comparison with something else:

science...maths...


something is usually better than nothing imho   

Apologies for being snippy but I rarely encounter anything constructive being said by the polarised right or left..it immediately devolves into 'I disagree because you agree' or some such nonsense. We have to do better. We have to do the thousand other little things that seem trivial as well and we must do it globally..as a species...not right or left or any other metric.

An answer has been found for the terrible manipulations of central banks and nations states of your financial sovereignty. An answer has been found to a non-trivial source of what most consider greenhouse gas emissions. An answer has been found to utilise a stranded resource and put it to a beneficial use by lowering mining costs or letting older miners remain profitable as our madhatter pointed out. This bovine implementation appears to have merit as well and should immediately proceed into phase one research.

I can hardly think of better optics than those right there...unless we somehow figure out how to stop wars with Bitcoin.

carry on 

[ChartBuddy]

Explanation

[cAPSLOCK]

The Blue Plug wires will almost certainly help significantly! So in the spirit of evaluation, I would suggest changing those first and see how much difference it makes. Maybe even drive a few days before actually changing the plugs.

So What's going on anyway? Is it idling rough? Does it run better cold or does it smooth out after it warms up? Any misses or pings while accelerating?

Troubleshooting carbs and ignition.

A great groaning dinosaur yawn.

An art that will die with some of us.

(not quite a haiku?)

[ChartBuddy]

Explanation

[d_eddie]

There’s a will, there’s a way


https://twitter.com/documentingbtc/status/1502398744037408781?s=21

That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

I am not sure (need to check, but probably someone here knows already), but I seem to recall that CH4 has a worse greenhouse profile than even CO2?

EDIT Hasty posting. Sorry. @xhomerx10 does indeed know and promptly explained.

[Richy_T]

I am not sure (need to check, but probably someone here knows already), but I seem to recall that CH4 has a worse greenhouse profile than even CO2?

EDIT Hasty posting. Sorry. @xhomerx10 does indeed know and promptly explained.

So it seems the issue is incomplete combustion which could presumably be solved by appropriate flame technology at the place of combustion.

Again, good that the gas is being used for something useful (and it turns the upgrade into a profit item rather than a cost item) but it's not using it for mining that makes any impact on CO2 or so-called "CO2 equivalent" emissions.

[ChartBuddy]

Explanation

[Biodom]

There’s a will, there’s a way


https://twitter.com/documentingbtc/status/1502398744037408781?s=21

That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

 If the methane is burned off (hence flare gas), then it's purely an economic issue when it's used for bitcoin mining instead but many oil companies just vent the gas (since it's less dense than air) into the atmosphere rather than burn it and in that case, the unburned methane has somewhere over 20 times the effect of CO₂ as a greenhouse gas.  This is why they're going after cattle as well.  We're going to have to tap those cattle next for bitcoin mining.  Bitcoin miners will also try to make the case that using flare gas removes some reliance from other fossil fuels which have a higher carbon content and coal (pretty much all carbon).  I'm not sure I buy that logic because if the energy comes cheaply enough from flare gas, then older, less efficient bitcoin miners could be used where they would be too inefficient for use within the existing electrical distribution system.

 

I am not sure how we can reduce methane production by cattle without reducing cattle numbers.
For a second there I imagine attaching a methane collecting box to their behinds, but then....it is not possible.

On a large scale the solution is an artificial photosynthesis process, no doubt.
In photosynthesis (done by plants), CO2 is captured from the atmosphere and sugars and oxygen (as a byproduct) are produced.
Two problems:
1. Splitting water at the ambient temperature and
2. Running the system at relatively low CO2 concentration (as plants are able to do).

However, it is a scientific/engineering problem that can be eventually solved aka there is NO reasoning as to why it cannot work in principle.

Info:
https://en.wikipedia.org/wiki/Artificial_photosynthesis

[BobLawblaw]

This is why they're going after cattle as well. 
We're going to have to tap those cattle next for bitcoin mining.

[ChartBuddy]

Explanation

[PrivacyG]

”BTC is a risk-on safehaven.

Gold is a risk-off safehaven.

Bitcoin as an untested theoretical safehaven, this year will be the first proper market test of it.

In a war time scenario, risk-off is the first market response, the second market response is towards safehavens.”

"Willy Woo"

It surely is time for Bitcoin to be finally tested for real.  The 2008 crisis was too early for Bitcoin to show what it can do.  But if Bitcoin gets at the end of the day to NOT be a safehaven anymore, is it bad?  I would not say so.  It can still do exactly what it does right now, just the average human's perspective changes.

In a post-nuclear world in which food has become a diminishing good due to the fact that nothing is growing anymore, your shiny metals and internet money won't be worth a slice of bread. Lets be clear about that. This isn't 1942 anymore.

I kind of get it but I also do not.  If you are the survivor of a post-nuclear world, then what are the actual chances you get to meet another survivor?  In that kind of world, not even seeds, banknotes or coffee is helpful anymore.

If you do get to meet another survivor who is interested in barter, then you can assume they are in need of equipment, in need of food or they have enough food and equipment and want wealth.  I just know there would be some who would look after wealth.  I can only imagine some dreaming about the world they could build with all the wealth they can get by taking advantage of other survivors.  Particularly today's upper class, which can today afford building an anti nuclear bunker to shelter entire families for decades long.

In the last case I have mentioned, even Bitcoin is helpful as long as there still is a way to transact.  If and when Internet becomes a thing again, Bitcoin will still offer us the utility of a censorship resistant currency.  In fact, Bitcoin may be able to preserve its utility way better than Gold does.  Gold is useful today, but in a post nuclear world I doubt it will be used in industry.  I mean, is there even going to be an industry after nuclear Apocalypse?  But still, Gold would be useful too.  Maybe nuclear is not the end of life on Earth after all, and Gold still is one of the rarest metals even after such a catastrophe.  Maybe even rarer when you know there is no mining company doing the mining anymore.  But maybe then all assets become rare.  And then, look at Bitcoin.  Does it look like all these insane bull runs have a particular sense attached to it?  Besides demand and limited supply, but even then Bitcoin still is an asset with bull run cycles like few to no other assets ever had.

Edit.  Maybe Bitcoin's crazy bull runs make sense if I think about halving and the cost of mining.  Cost of flour increases when the cost of production does, right?

Sometimes things do not need to make sense to work.  GME and other assets pumping like crazy is one example.  Who the hell actually thinks assets trending in tremendous hype are worth investing into?  They only make you poorer most of the time.  Bitcoin never really sat in so much good main stream lighting before.  Or at least I have never seen it happening.  Yet it turned out to be one of the best ways to preserve value, earn money and stay away from dirty Fiat.

A post-nuclear world is hard to imagine anyway.  There is just too much stuff that is so hard to predict even if we think we can do it.  But one thing is for sure, there is greed even during war.  Even during the Apocalypse.  There will always be greedy humans and in a post nuclear world it is not an exception.

-
Regards,
PrivacyG

[ChartBuddy]

Explanation

[Farmer Bill]

There’s a will, there’s a way


https://twitter.com/documentingbtc/status/1502398744037408781?s=21

That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

 If the methane is burned off (hence flare gas), then it's purely an economic issue when it's used for bitcoin mining instead but many oil companies just vent the gas (since it's less dense than air) into the atmosphere rather than burn it and in that case, the unburned methane has somewhere over 20 times the effect of CO₂ as a greenhouse gas.  This is why they're going after cattle as well.  We're going to have to tap those cattle next for bitcoin mining.  Bitcoin miners will also try to make the case that using flare gas removes some reliance from other fossil fuels which have a higher carbon content and coal (pretty much all carbon).  I'm not sure I buy that logic because if the energy comes cheaply enough from flare gas, then older, less efficient bitcoin miners could be used where they would be too inefficient for use within the existing electrical distribution system.

 

I am not sure how we can reduce methane production by cattle without reducing cattle numbers.
For a second there I imagine attaching a methane collecting box to their behinds, but then....it is not possible.

On a large scale the solution is an artificial photosynthesis process, no doubt.
In photosynthesis (done by plants), CO2 is captured from the atmosphere and sugars and oxygen (as a byproduct) are produced.
Two problems:
1. Splitting water at the ambient temperature and
2. Running the system at relatively low CO2 concentration (as plants are able to do).

However, it is a scientific/engineering problem that can be eventually solved aka there is NO reasoning as to why it cannot work in principle.

Info:
https://en.wikipedia.org/wiki/Artificial_photosynthesis

There are additives that can be included in cattle diet that can substantially reduce methane production.

Including extracts of red algae, some types of seaweed, increasing oil and fat content of diet and a new product called Bovaer which requires only 1gm a day to reduce methane output by 30 - 50%.

Given the looming worldwide energy shortages, brought about by the climate change hysteria shutting down fossil fuel generation before alternatives are up and running plus cancelling oil exploration and new pipelines, I can see this sort of stuff surrounding methane put on the back burner for a decade or so.

$39k again I know lots of observers miserable at this price. But I have to pinch myself sometimes, like when we first went over $40k. I repeated to myself forty fucking thousand dollars. Unbelievable, it still is.

Sadly had to sell some coin from my BTC savings / deposit wallet to purchase extra fertilizer, which has more than doubled in price since last season. I'm betting on high farm produce prices this Autumn.  

[JimboToronto]

This is why they're going after cattle as well.  We're going to have to tap those cattle next for bitcoin mining.

Mmmm.



Bitcoin mining at its finest.

[Toxic2040]

the noon wall report

Bitcoin currently trading near $39.1kish with candles being vigorously contested locally.

dyor

1h


4h

stronghands