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

[somac.]

[O/T]

More proof that regulation destroys everything, even if it means your grandma keeping warm.

Anger as UK householders to face net zero penalties over their domestic gas use
https://www.express.co.uk/news/politics/1752610/net-zero-penalties-gas-uk

Grant Shapps, secretary of state for energy security and net zero (must be a very important, useful job), commented on the new proposal:

If we want people to switch to an electricity-based economy, it would be better if [levies] were shifted onto the gas side of things.
It automatically makes the economics of an electric-driven economy better.

This guy must be a fricking genius: just make the other thing more expensive so that people use this thing.
No-one's thought of that, surely? And it always works, right?




-------


After politicians and main stream media lying to the public for over a year, the Military Industrial Complex money laundering grift starts to be exposed:

Russia STILL holds 40,000 square miles of Ukraine and has 800,000 more troops on the ground, and taking back Crimea requires a D-Day style operation... The savage truth? It'll take MUCH more than these fantastic British tanks to beat Vladimir Putin
https://www.dailymail.co.uk/news/article-11917497/Itll-fantastic-British-Challenger-2-tanks-Ukraine-beat-Vladimir-Putin.html


Meanwhile this guy has done pretty well for himself. I'm sure he isn't friends with those who are keeping this exercise going.

BAE boss scoops a £10.7m payday: Shares in UK's biggest defence firm soar after Russia's invasion of Ukraine
https://www.thisismoney.co.uk/money/markets/article-11917245/BAE-boss-scoops-10-7m-payday-shares-soar-invasion-Ukraine.html

Here's a quote I saw recently that you might enjoy

   ”A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor – He speaks in the accents familiar to his victims, and he appeals to the baseness that lies deep in the hearts of all men.

    He rots the soul of a nation – he works secretly and unknown in the night to undermine the pillars of a city- he infects the body politic so that it can no longer resist. A murderer is less to be feared.”

    -Cicero, Rome, 42 BC

We learn nothing.

[Republikcoin.com]

Inflation will occur I think it will be faster than what we expect.

Worthless will even be a big zero for the future.

Hard times for them.

If those points are meant for fiat dollars, it looks like it still really needs time to see the proof in the future. Because globally, fiat dollars are still widely used in important matters such as trade, although now there are many choices accepted by each country in certain matters, including in international trade.

Currently the value of the dollar currency still looks quite strong, but I would be very happy if there is another currency that can match it in the near future. Because when there are more currencies that can be used at a rate like the dollar, it's going to be fun to watch the competition keep coming up to beat fiat dollars.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[BitcoinBunny]

More details on the lunatic UK gas proposals.
These people are unhinged and should be executed asap as far as I'm concerned.

Gas bills face £100 a year 'penalty' under government 'green drive' to encourage Brits to switch boilers - with homeowners who agree to have a wind turbine nearby in line for £350 reward
https://www.dailymail.co.uk/news/article-11919001/Gas-bills-rise-100-electricity-costs-fall-government-green-drive.html

I already live near a wind turbine. If I don't agree with that it's there, are they going to knock it down and I have to pay £350?

Who comes up with this insanity? Who benefits from it?
Why is Europe so eager to throw itself off a cliff?

Meanwhile more coal power stations are firing up in China, Pakistan and elsewhere.
But in Europe we have energy suicide.

Exclusive: Pakistan plans to quadruple domestic coal-fired power, move away from gas
https://www.reuters.com/business/energy/pakistan-plans-quadruple-domestic-coal-fired-power-move-away-gas-2023-02-13/

[cygan]

[ChartBuddy]

Explanation

[Lainta]

[bitcoinPsycho]

What?

[pixie85]

More details on the lunatic UK gas proposals.
These people are unhinged and should be executed asap as far as I'm concerned.

Gas bills face £100 a year 'penalty' under government 'green drive' to encourage Brits to switch boilers - with homeowners who agree to have a wind turbine nearby in line for £350 reward
https://www.dailymail.co.uk/news/article-11919001/Gas-bills-rise-100-electricity-costs-fall-government-green-drive.html

I already live near a wind turbine. If I don't agree with that it's there, are they going to knock it down and I have to pay £350?

Who comes up with this insanity? Who benefits from it?
Why is Europe so eager to throw itself off a cliff?

Meanwhile more coal power stations are firing up in China, Pakistan and elsewhere.
But in Europe we have energy suicide.

Exclusive: Pakistan plans to quadruple domestic coal-fired power, move away from gas
https://www.reuters.com/business/energy/pakistan-plans-quadruple-domestic-coal-fired-power-move-away-gas-2023-02-13/

While 2020 and 2021 were covid years where every single day they were scaring us with new restrictions, new rules, quarantine for this or that area, 2022 and 23 seem to be years of eco terrorism.
It's like they see the house falling on their heads and they don't know if they should bring in a car jack and try to support the ceiling or use the table and chairs to build a supporting structure, or scream out the window and hope someone will come with a solution.

15 minute cities, deciding what business has the right to use a lot of electricity, what business is productive enough to be allowed to use the grid, what can you eat, how much meat, how many cars can you own, when it will not be allowed to have a combustion car. It's like all these laws are made by idiots.

Now I hear they want to limit cash payments in the EU. Officially to limit cash payments, unofficially to prevent bank runs and be able to decide if what you're buying is good for you. They can always block a bank transfer but they can't stop you from doing cash transactions so the're limiting ATM withdrawals to a bare minimum of 300 - 500 EUR. There's also a new limit of 7000 EUR per cash payment and 1000 EUR for crypto payment. So now you can't even buy a more expensive home appliance with crypto. Big TV? Forget it.

[BitcoinBunny]

More details on the lunatic UK gas proposals.
These people are unhinged and should be executed asap as far as I'm concerned.

Gas bills face £100 a year 'penalty' under government 'green drive' to encourage Brits to switch boilers - with homeowners who agree to have a wind turbine nearby in line for £350 reward
https://www.dailymail.co.uk/news/article-11919001/Gas-bills-rise-100-electricity-costs-fall-government-green-drive.html

I already live near a wind turbine. If I don't agree with that it's there, are they going to knock it down and I have to pay £350?

Who comes up with this insanity? Who benefits from it?
Why is Europe so eager to throw itself off a cliff?

Meanwhile more coal power stations are firing up in China, Pakistan and elsewhere.
But in Europe we have energy suicide.

Exclusive: Pakistan plans to quadruple domestic coal-fired power, move away from gas
https://www.reuters.com/business/energy/pakistan-plans-quadruple-domestic-coal-fired-power-move-away-gas-2023-02-13/

While 2020 and 2021 were covid years where every single day they were scaring us with new restrictions, new rules, quarantine for this or that area, 2022 and 23 seem to be years of eco terrorism.
It's like they see the house falling on their heads and they don't know if they should bring in a car jack and try to support the ceiling or use the table and chairs to build a supporting structure, or scream out the window and hope someone will come with a solution.

15 minute cities, deciding what business has the right to use a lot of electricity, what business is productive enough to be allowed to use the grid, what can you eat, how much meat, how many cars can you own, when it will not be allowed to have a combustion car. It's like all these laws are made by idiots.

Now I hear they want to limit cash payments in the EU. Officially to limit cash payments, unofficially to prevent bank runs and be able to decide if what you're buying is good for you. They can always block a bank transfer but they can't stop you from doing cash transactions so the're limiting ATM withdrawals to a bare minimum of 300 - 500 EUR. There's also a new limit of 7000 EUR per cash payment and 1000 EUR for crypto payment. So now you can't even buy a more expensive home appliance with crypto. Big TV? Forget it.

Can only think that the rules are made by criminal governments to ensure they follow Claus Schwab's criminal mastermind plans. I'm not sure why they are being led by what appear to be 80+ year old dementia patients now (Biden, Schwab and Judenrat Soros).

The Netherlands had a massive delegation at Davos last year and this year from what I heard. Which is bizarre for a small country obviously.
The coalition government then went nuts with their criminal destroy all farmers plans.

The Dutch citizens who recently voted in the provincial senate elections clearly said "F Off" to their criminal dictatorship government.
Hopefully the dementia foreign influenced control that they exercise, and appears to be reminiscent to following whatever mental health patient Adolf Hitler wanted to do in the 1940s, will come to an end soon enough.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[_Hiloveua_]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

[ChartBuddy]

Explanation

[BitcoinBunny]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

[God Of Thunder]

Someone said,
Don't laugh at others' positions. One day, You will become like them.

Me: Satoshi, hahahaha,
       theymos, hahahahah
       Cyrus, hahahahaha. 

[philipma1957]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

one can say it has a fundamental value of zero.

but reality is it has a real utility value in managing the world wide grid.

It it a great tool when a wind farm generates 10mega watts an hour and demand is 4 megawatts the extra 6 megawatts need to be shunted somewhere.  Say a nearby btc mine.

And when demand increases to 6.5 megawatts an hour the mine can back off to 3.5 megawatts.

Miners are a really good resistive load.

Secondary purpose is hear generation in the example above quite a bit of heat will be produced by this miners and it can be fed into heating grids.

dollar nope
euro nope
gen nope.

[ChartBuddy]

Explanation

[OutOfMemory]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

Dude, your place is already taken by the llama