Bitcoin Forum
October 30, 2020, 07:53:49 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will $13K hold through Nov. 3?
Yes - 50 (72.5%)
No - 16 (23.2%)
I don't know - 3 (4.3%)
Total Voters: 69

Pages: « 1 ... 19233 19234 19235 19236 19237 19238 19239 19240 19241 19242 19243 19244 19245 19246 19247 19248 19249 19250 19251 19252 19253 19254 19255 19256 19257 19258 19259 19260 19261 19262 19263 19264 19265 19266 19267 19268 19269 19270 19271 19272 19273 19274 19275 19276 19277 19278 19279 19280 19281 19282 [19283] 19284 19285 19286 19287 19288 19289 19290 19291 19292 19293 19294 19295 19296 19297 19298 19299 19300 19301 19302 19303 19304 19305 19306 19307 19308 19309 19310 19311 19312 19313 19314 19315 19316 19317 19318 19319 19320 19321 19322 19323 19324 19325 19326 19327 19328 19329 19330 19331 19332 19333 ... 27433 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23634404 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (148 posts by 37 users deleted.)
bitserve
Legendary
*
Offline Offline

Activity: 1344
Merit: 1205


Self made HODLER ✓


View Profile
January 29, 2018, 02:52:03 AM
Merited by Dabs (2)

Yes...even though many of us likely realize that heat generation is going to come in handy in really cold locations; however, it seems that your preheating idea has to be worth something, even if such preheating is not bringing the temperature to an actual boil (that generates steam with some the current powerful electricity generation methods)...  and I suppose that part of my point is that if there is ongoing research into such lower heat thresholds, there could be ways to generate energy with temperature thresholds that are below boiling  

- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding.    Cry Cry

Yup, same feeling here, it would be better if we would let that to the experts... but I guess some "random brainstorming" during this "slow" BTC movements isn't that bad.

Problem with the preheating idea is that it is in fact just A pre-heating. As in ONCE. After that you come up with just below boiling temperature that is too high to cool the chips so you cant do it again. Maybe using ethanol (which boiling point is around 78.5 C) and asics that could run efficiently at over 90 C there could be some reasonable margin, but I doubt it.

Using it as central heating... well... maybe the infrastructure costs are higher than the gain. Electrical heating is VERY inefficient, as in 3-4 times less efficient than a simple heat-pump system.

If there are no "transport" cost as in someone that runs several miners at home in a very cold place... well, then yes, he can "reuse" some of the heat even if it is inefficiently generated... But I can't see how it would be worth it to integrate into a more complex system. Not saying it is completely impossible though.

It is better the current trend of making more efficient miners so that less heat is wasted in the process. Maybe it will come a time in which they don't even need active cooling except for massive mining plants.

Oh well... it is easier to just keep watching Bitcoin action to try see where it is going Smiley
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1604087629
Hero Member
*
Offline Offline

Posts: 1604087629

View Profile Personal Message (Offline)

Ignore
1604087629
Reply with quote  #2

1604087629
Report to moderator
1604087629
Hero Member
*
Offline Offline

Posts: 1604087629

View Profile Personal Message (Offline)

Ignore
1604087629
Reply with quote  #2

1604087629
Report to moderator
1604087629
Hero Member
*
Offline Offline

Posts: 1604087629

View Profile Personal Message (Offline)

Ignore
1604087629
Reply with quote  #2

1604087629
Report to moderator
explorer
Legendary
*
Offline Offline

Activity: 1652
Merit: 1179



View Profile
January 29, 2018, 02:56:11 AM
Merited by jojo69 (2)



We can't even really harvest solar and wind yet without subsidies.

We can, its just that coal/nuke/dams are paid for(subsidized) by future generations, and current society doesn't count that in any way.
Dabs
Legendary
*
Offline Offline

Activity: 2758
Merit: 1451


The Concierge of Crypto


View Profile
January 29, 2018, 03:06:31 AM

The only place I could think of for miners would be a cold basement, or a cold car garage. Prevent pipes from bursting. Or pre-heat your vehicle in the winter so it can start without cranking too hard on the batteries.
JayJuanGee
Legendary
*
Online Online

Activity: 2422
Merit: 3378


How much alt coin diversification is needed? 0%?


View Profile
January 29, 2018, 03:06:52 AM


Yes...even though many of us likely realize that heat generation is going to come in handy in really cold locations; however, it seems that your preheating idea has to be worth something, even if such preheating is not bringing the temperature to an actual boil (that generates steam with some the current powerful electricity generation methods)...  and I suppose that part of my point is that if there is ongoing research into such lower heat thresholds, there could be ways to generate energy with temperature thresholds that are below boiling  

- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding.    Cry Cry

Lots of industrial processes produce waste heat.

If it is not worth implementing co-gen on a fucking aluminum smelter it sure as hell is not going to be on a mining farm.

Not criticizing, Jay, I find a lot of folks, particularly idealists, frequently speculate about all sorts of possible energy sources, but the reality is that if it was economic to do it the market would.

We can't even really harvest solar and wind yet without subsidies.

Fair enough that I am speculating about something that I don't really know...


But you likely realize that I am not going to give up so easily, even if I don't know shit about the actual significance of the difference between preheating and boil, because there is the future.....  Cheesy Cheesy Cheesy

And, it looks like this:




 Tongue


or worse case scenario, it looks like this:




jojo69
Legendary
*
Offline Offline

Activity: 1918
Merit: 2554


no FOMO


View Profile
January 29, 2018, 03:17:37 AM
Merited by Dabs (1)



We can't even really harvest solar and wind yet without subsidies.

We can, its just that coal/nuke/dams are paid for(subsidized) by future generations, and current society doesn't count that in any way.

Absolutely agree.

We lack a mechanism for pricing the externalities of many technologies, fossil energy being perhaps the largest, no question.

Humans being what they are, I fear we will kick that can wayyyyy too far down the road, perhaps we already have.
STT
Legendary
*
Offline Offline

Activity: 2618
Merit: 1232


WOLF.BET - Provably Fair Crypto Casino


View Profile WWW
January 29, 2018, 03:49:28 AM

We can't even really harvest solar and wind yet without subsidies.

I thought Solar had become feasible now.    Not far from my house there is a solar farm that is feeding an oil refinery pretty sure (ironic).   Now the weird thing is where I live its not even that sunny but apparently they've produced something usable in a field for the factory, maybe because it can be placed so close.     The solar farm is next to a school which a normal power station couldnt do.

I rate hydro power over solar but it needs further development.    I also live a mile away from the worlds largest tidal range resource, they dont use it... So lots of waste and inefficiency remains sadly






Yeah. Price and On Balance Volume have been telling opposite stories lately. $7500 incoming. Then $5k, then $2k, then moon after that ; )



I noticed this also but I dont agree with your conclusion exactly.  It only means right now a possible weakness lies, chart predictions are always possible scenarios or so the more experienced people I listen to say so.
A decades long trader whose covered crypto some for a while: https://www.youtube.com/watch?v=FOLs46mTO2c
bitserve
Legendary
*
Offline Offline

Activity: 1344
Merit: 1205


Self made HODLER ✓


View Profile
January 29, 2018, 04:34:42 AM

What's up with ethereum? It doesn't make ANY sense to me. Especially not now that Bitcoin's mempool is "ok" and LN going forward...
jojo69
Legendary
*
Offline Offline

Activity: 1918
Merit: 2554


no FOMO


View Profile
January 29, 2018, 04:41:18 AM
Merited by yefi (1)


I thought Solar had become feasible now.    Not far from my house there is a solar farm that is feeding an oil refinery pretty sure (ironic).   Now the weird thing is where I live its not even that sunny but apparently they've produced something usable in a field for the factory, maybe because it can be placed so close.     The solar farm is next to a school which a normal power station couldnt do.

I rate hydro power over solar but it needs further development.    I also live a mile away from the worlds largest tidal range resource, they dont use it... So lots of waste and inefficiency remains sadly


My understanding, and I'm not claiming to be 100% up on the latest, things are changing all the time, is that photovoltaics have only become a net EROI positive in the last 2 years or so...just the panel itself.  Then you have deployment and associated infrastructure.  We are close, right around break even in a pure energy sense, but remember that PV manufacture has its own externalities.  It is a hugely polluting endeavor utilizing, as I understand it, dubiously sourced rare earth minerals.

Hydro has its own issues, here in the US Pacific North West we have pretty much destroyed our anadromous fisheries resource.  We have even resorted to limited dam removal.

Tidal has promise, but thus far the practical obstacles to placing infrastructure in such a violent and corrosive environment have proved insurmountable.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
January 29, 2018, 04:45:03 AM

What's up with ethereum? It doesn't make ANY sense to me. Especially not now that Bitcoin's mempool is "ok" and LN going forward...

Bitcoin is missing the ability to create tokens. We need token side chains.
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
January 29, 2018, 04:46:06 AM


I thought Solar had become feasible now.    Not far from my house there is a solar farm that is feeding an oil refinery pretty sure (ironic).   Now the weird thing is where I live its not even that sunny but apparently they've produced something usable in a field for the factory, maybe because it can be placed so close.     The solar farm is next to a school which a normal power station couldnt do.

I rate hydro power over solar but it needs further development.    I also live a mile away from the worlds largest tidal range resource, they dont use it... So lots of waste and inefficiency remains sadly


My understanding, and I'm not claiming to be 100% up on the latest, things are changing all the time, is that photovoltaics have only become a net EROI positive in the last 2 years or so...just the panel itself.  Then you have deployment and associated infrastructure.  We are close, right around break even in a pure energy sense, but remember that PV manufacture has its own externalities.  It is a hugely polluting endeavor utilizing, as I understand it, dubiously sourced rare earth minerals.

Hydro has its own issues, here in the US Pacific North West we have pretty much destroyed our anadromous fisheries resource.  We have even resorted to limited dam removal.

then throw on top of that lithium producers for batteries

not very green at all

HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
January 29, 2018, 04:46:24 AM

Tether just flashed down to 94 cents so it’s not completely over yet.
yefi
Legendary
*
Offline Offline

Activity: 2428
Merit: 1291



View Profile
January 29, 2018, 04:53:34 AM
Merited by ErisDiscordia (2)

http://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/

If you've used LocalBitcoins in the UK, this guy's account would probably be familiar with you. He put down his residential address on Companies House for his business - not a good idea.

It's a stark reminder of the truth of that five dollar wrench gif. Keep safe and, if you have a great sum invested, avoid exposing that fact!
explorer
Legendary
*
Offline Offline

Activity: 1652
Merit: 1179



View Profile
January 29, 2018, 04:57:16 AM

http://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/

If you've used LocalBitcoins in the UK, this guy's account would probably be familiar with you. He put down his residential address on Companies House for his business - not a good idea.

It's a stark reminder of the truth of that five dollar wrench gif. Keep safe and, if you have a great sum invested, avoid exposing that fact!

Glock.  Perfection.
bitserve
Legendary
*
Offline Offline

Activity: 1344
Merit: 1205


Self made HODLER ✓


View Profile
January 29, 2018, 04:58:18 AM

Tether just flashed down to 94 cents so it’s not completely over yet.

Oh, didn't notice... lemme check...

XXXXX    sell/limit  USDT/USD   
$0.9789
   100.00000000   
$97.8900
   Closed   01-29-18 04:40:12 +0100
XXXXX   buy/limit   USDT/USD   
$0.9411
   100.00000000   
$94.1100
   Closed   01-29-18 04:40:09 +0100

Over a 3% in 3 seconds. It looks like I had a good idea yesterday... should have played with "some" money though... or maybe not, that USDT thingy is scary shit. At least I can say I have successfully traded USDT even if it will just buy me a beer.
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


View Profile
January 29, 2018, 05:00:09 AM

The G20 then labels whoever they want "terrorists" and instructs the centralized pools to not process any transactions for them so your money is essentially deleted and you no longer exist ...

Except they aren't doing that, and can't do that, and can't enforce that. Not to mention the decentralized pools.

Then a single transaction goes through, and it jumps 20 hops ... enters zcash or monero or some exchange / dice site ... good luck with that.

Of course they can do that, except they will likely do it in a much easier manner.  The banks will simply create a chain anchor fork of bitcoin and legislate that the non-chain anchor fork is illegal and if you want to use bitcoin at all, you're required to use the chain anchor fork.  Bitcoin is STUPIDLY EASY for the G20 govts to co-opt and take over.
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


View Profile
January 29, 2018, 05:06:06 AM

I predict that so much of late 2017's run up was by deep pocket institutional investors (and not retail)

You got it completely wrong.  I talked to plenty of Goldman Sachs people who were crawling all over bitcoin and altcoins back when the BTC price was $200-800.  The so called "institutional investors" aka banks were not the ones buying at the top, they were the ones dumping at the top.  It was their pump and dump to fleece the retail investor.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
January 29, 2018, 05:15:50 AM
Merited by bitserve (2)

USDT is too scary for me.  I don’t mind playing dead cat bounces but I prefer my cat already dead, not at the top of the cliff.
bitserve
Legendary
*
Offline Offline

Activity: 1344
Merit: 1205


Self made HODLER ✓


View Profile
January 29, 2018, 05:18:21 AM

USDT is too scary for me.  I don’t mind playing dead cat bounces but I prefer my cat already dead, not at the top of the cliff.

I do agree. That's why I only played with $100 just for the lulz. But hey, it worked and I am happy for that Smiley
mike4001
Sr. Member
****
Offline Offline

Activity: 444
Merit: 260


View Profile
January 29, 2018, 05:33:28 AM

And again it is impossible to break 12k.
jojo69
Legendary
*
Offline Offline

Activity: 1918
Merit: 2554


no FOMO


View Profile
January 29, 2018, 06:19:06 AM

EVASIVE MANEUVERS

BATTLE STATIONS
Pages: « 1 ... 19233 19234 19235 19236 19237 19238 19239 19240 19241 19242 19243 19244 19245 19246 19247 19248 19249 19250 19251 19252 19253 19254 19255 19256 19257 19258 19259 19260 19261 19262 19263 19264 19265 19266 19267 19268 19269 19270 19271 19272 19273 19274 19275 19276 19277 19278 19279 19280 19281 19282 [19283] 19284 19285 19286 19287 19288 19289 19290 19291 19292 19293 19294 19295 19296 19297 19298 19299 19300 19301 19302 19303 19304 19305 19306 19307 19308 19309 19310 19311 19312 19313 19314 19315 19316 19317 19318 19319 19320 19321 19322 19323 19324 19325 19326 19327 19328 19329 19330 19331 19332 19333 ... 27433 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!