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

[LFC_Bitcoin]

^
same game BRO

[criptix]

Does that analysis factor in fusion eventually becoming economically viable or not?

My understanding is that progress with the stellerator has been very slow.  I did hear something a few months ago about a breakthrough with conventional tokamak technology, but nothing since.  I guess like some here with regard to quantum computing, I'm not holding my breath.  Were someone to demonstrate actual over unity containment with a roadmap to commodification it might be time to reassess, but there remains the density problem.  The energy density of a litre of unleaded is pretty astounding.

As to the idea that fusion will "solve" any problems, I am dubious.  Humans have a near perfect track record of abject stupidity.  All of our advances in energy transmutation, from steam to internal combustion to nuclear, have simply allowed us to do more bad things; more sprawling environmental destruction, larger wars...  Frankly, a South American or African peasant with a Mr.Fusion and a goat is a terrifying prospect.

There is no density problem at all.

Fusion is estimated to be around 10 million times more efficient as classic fossil energy.

Basically it looks like this:

Fossil x1 million ~= nuclear fission x 10 ~= nuclear fusion x100 ~= matter/antimatter annihilation


Regarding the second part:

Would you rather live in the stoneage?


I mean with fusion energy abudant we will be able to colonize space and at least have an exit strategy in case our earth is destroyed.

[Lambie Slayer]

Watching the silver price slowly fall back to $6 over the next decade will be even worse.

  That's actually a shocking speed in reduction of supply for a resource we actually need, unlike bitcoins which nobody actually needs for anything.

You lying little low T basement dweller, your favorite website(according to you the realest website online) dailystormer.name https://www.ccn.com/hate-pays-neo-nazi-site-daily-stormer-has-raised-surprising-amount-of-bitcoin/ needs and gladly uses Bitcoin for funding because it was censored all over the world by payment processors and metals are too primitive for them to use online. Once again your typical anti Bitcoin arguments are mentally ill gibberish or lies. As we climb to 100k you will sink lower and lower into insanity as I laugh at you Currently many sane people are nocoiners, but in the future the vast majority of nocoiners will in fact be the mentally ill, you are a pioneer of sorts Virgin Roach.

[criptix]

Watching the silver price slowly fall back to $6 over the next decade will be even worse.

  That's actually a shocking speed in reduction of supply for a resource we actually need, unlike bitcoins which nobody actually needs for anything.

You lying little low T basement dweller, your favorite website(according to you the realest website online) dailystormer.name https://www.ccn.com/hate-pays-neo-nazi-site-daily-stormer-has-raised-surprising-amount-of-bitcoin/ needs and gladly uses Bitcoin for funding because it was censored all over the world by payment processors and metals are too primitive for them to use online. Once again your typical anti Bitcoin arguments are mentally ill gibberish or lies. As we climb to 100k you will sink lower and lower into insanity as I laugh at you Currently many sane people are nocoiners, but in the future the vast majority of nocoiners will in fact be the mentally ill, you are a pioneer of sorts Virgin Roach.

Lul rekt

[jojo69]

There is no density problem at all.

Fusion is estimated to be around 10 million times more efficient as classic fossil energy.

Basically it looks like this:

Fossil x1 million ~= nuclear fission x 10 ~= nuclear fusion x100 ~= matter/antimatter annihilation

You are correct with regard to energy production.  Transfer, storage and consumption are where density becomes a problem.

Would you rather live in the stoneage?

Yes, I think the late bronze age would be a very fulfilling time to be a human being.  I understand and accept that this is a personal aesthetic opinion, but I find it far preferable to the miasmatic dystopia I observe around me.

I mean with fusion energy abudant we will be able to colonize space and at least have an exit strategy in case our earth is destroyed.

in case?

[Lambie Slayer]

The bottom of silver is 5 or 10 dollars. ok fine. no one cares.
it's the upside that's interesting. gosh will it do a 5x, a 10 x, maybe even go to 100 dollars/oz
that would be amazing, 20 fucking x
but it is the ceiling
now compare with bitcoin
even Jamie fucking Dimon said it's going to 100k on the next bullrun
there ain't no ceiling for the ones after that

Its obvious Jamie Dimon reads WO and wants in on the 100k party I can say from experience that Wall Street peeps really know how to party so this is not a bad thing imo.

[sam_ti_dyatel]

Vitalik is a fucking tool.

The only reason ETH has any value is because they probably have Putin's support. Russia missed the bitcoin train and that's why wanted to create their own Bitcoin... That's not the problem tho. Everybody can create their own bitcoin but that still doesn't change the fact ETH is a piece of shit and Vitalik is a clueless moron.

Yeah, average Joe reasoning. It could be great, but Putin is buying gold now.

[HairyMaclairy]

https://threadreaderapp.com/thread/1078682801954799617.html

So BUY BTC skip ETH for some enthusiasts.

Great tweetstorm on the current state of ETH.  

I didn’t buy into the ETH ICO @ 2,000 ETH/BTC because I thought ETH was a scam. Turns out I was right. Doesn’t help that I could have been rich along the way.  

[Toxic2040]

There is no density problem at all.

Fusion is estimated to be around 10 million times more efficient as classic fossil energy.

Basically it looks like this:

Fossil x1 million ~= nuclear fission x 10 ~= nuclear fusion x100 ~= matter/antimatter annihilation

You are correct with regard to energy production.  Transfer, storage and consumption are where density becomes a problem.

Would you rather live in the stoneage?

Yes, I think the late bronze age would be a very fulfilling time to be a human being.  I understand and accept that this is a personal aesthetic opinion, but I find it far preferable to the miasmatic dystopia I observe around me.

I mean with fusion energy abudant we will be able to colonize space and at least have an exit strategy in case our earth is destroyed.

in case?

Its nothing short of shear recklessness on the highest order to make reactors with a service life of a hundred years at the maximum, and to have materials power it with a half life of a hundred thousand years or more. The same narrative by the same entities over and over ad nausem driving this planet towards a toxic waste heap. It is a big ask to assume viable long term custodianship over many generations of such a hazardous technology.

Fossil fuels are actually incredibly inefficient due to the second law of thermodynamics. Even with a perfect Carnot cycle efficiency has a hard limit of 78%. Modern internal combustion heat engines typically are much less than this ideal cycle and can have up to 50% less efficiency on average.

We have a near perfect energy source just sitting overhead that produces more energy per second then the entire human race combined has used. Every square meter of the upper atmosphere receives 1.367kWh of solar energy every hour, every day..year after year. It really seems dumb to me not to harness that for humanities benefit.

I desire to see the energy cartels disrupted as much as the banking cartels. Go environmental responsibility. Go solar. Go bitcoin.   

[bitserve]

https://threadreaderapp.com/thread/1078682801954799617.html

So BUY BTC skip ETH for some enthusiasts.

Great tweetstorm on the current state of ETH.  

I didn’t buy into the ETH ICO @ 2,000 ETH/BTC because I thought ETH was a scam. Turns out I was right. Doesn’t help that I could have been rich along the way.  

Find some comfort in the idea that even if you had bought the ICO you would have probably dumped it all during The DAO fiasco. Wouldn't you?

[El duderino_]

[El duderino_]

[LFC_Bitcoin]

Just looked at Craig Wright’s Twitter & his tweets are now ‘protected’. You can only see them if you follow him.
I wonder why he’s done that, too much trolling?
When can we declare BCH & SV absolute, 100% failures?

[HairyMaclairy]

https://threadreaderapp.com/thread/1078682801954799617.html

So BUY BTC skip ETH for some enthusiasts.

Great tweetstorm on the current state of ETH.  

I didn’t buy into the ETH ICO @ 2,000 ETH/BTC because I thought ETH was a scam. Turns out I was right. Doesn’t help that I could have been rich along the way.  

Find some comfort in the idea that even if you had bought the ICO you would have probably dumped it all during The DAO fiasco. Wouldn't you?

Hmmm I think the bigger risk would have been going into too many other shitcoins. I have seen too many OGs get wasted on Auroracoin and Storj.  

Look at CMC in June 2015 and there are already 550 coins listed.

[gentlemand]

Just looked at Craig Wright’s Twitter & his tweets are now ‘protected’. You can only see them if you follow him.
I wonder why he’s done that, too much trolling?
When can we declare BCH & SV absolute, 100% failures?

Everyone can continue to enjoy touching themselves to his wisdoms here - https://twitter.com/botfaketoshi

I'm looking forward to Full Billionaire Mode when he gets to court. I'm sure he'll cow the entire legal system with his potty mouth and screechy threats.

[HairyMaclairy]

Its nothing short of shear recklessness on the highest order to make reactors with a service life of a hundred years at the maximum, and to have materials power it with a half life of a hundred thousand years or more. The same narrative by the same entities over and over ad nausem driving this planet towards a toxic waste heap. It is a big ask to assume viable long term custodianship over many generations

Apologies for veering into politics, but this is my number one problem with conservatives. They aren’t conservative enough.

They don’t give a damn about any problem that is more than 10 years in the future.  Including problems they are creating today.

Classic example:  a conservative faction was elected to the local government.  One of the first things they did was allow a tire waste dump to be created next to the airport.  The dump had been blocked previously.  But the conservatives were “cutting red tape”.

Of course the tire dump is an aviation hazard if it ever caught fire.  So the owner made millions but is now “bankrupt” and now the dump is being cleared out at taxpayer expense.  And the conservative politicians that approved it are long gone. It happens over and over again, private profit at taxpayer expense.  

[dandannn]

Haha this makes me laugh!

[dandannn]

As much as im liking these green candles, i wont be relaxed until we are knocking on 6k's door...

[El duderino_]

Just looked at Craig Wright’s Twitter & his tweets are now ‘protected’. You can only see them if you follow him.
I wonder why he’s done that, too much trolling?
When can we declare BCH & SV absolute, 100% failures?

epic peace in stepbrother LoL

[jojo69]

Apologies for veering into politics, but this is my number one problem with conservatives. They aren’t conservative enough.

They don’t give a damn about any problem that is more than 10 years in the future.  Including problems they are creating today.

Classic example:  a conservative faction was elected to the local government.  One of the first things they did was allow a tire waste dump to be created next to the airport.  The dump had been blocked previously.  But the conservatives were “cutting red tape”.

Of course the tire dump is an aviation hazard if it ever caught fire.  So the owner is “bankrupt” and now the dump is being cleared out at taxpayer expense.  And the conservative politicians that approved it are long gone. It happens over and over again, private profit at taxpayer expense. 

The hypocrisy and intellectual dishonesty on both sides has reached comical levels.  What passes for "discourse" begins at essentialization and name-calling, devolving from there.

This is one of the, very few, forums where I have actually witnessed anyone reconsider an entrenched belief.

Truly, it is the end of days.