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

[sirazimuth]

I'll post now.
That way there we have:-
resident hatless deluded troll,
resident rational dude,
resident hatless clown wannabe...
all in a row.column.

[criptix]

Wanna know something funny?

If consumers wouldnt buy products which got produced by destroying and polluting the enviroment, what do you think would happen?


Everyone is raping the enviroment because consumers accept it, buy the products and make the producers billionairs.

[HairyMaclairy]

Wanna know something funny?

If consumers wouldnt buy products which got produced by destroying and polluting the enviroment, what do you think would happen?


Everyone is raping the enviroment because consumers accept it, buy the products and make the producers billionairs.

Companies which try to be environmentally sustainable often financially outperform polluters.  Not always, but enough.

https://www.barrons.com/articles/does-sustainable-investing-lead-to-lower-returns-1529712000

Being a bad corporate citizen is often bad for business.  

ESG is about understanding how companies are adapting to transformational change, such as the shift to a low-carbon economy. European electric utility companies, such as RWE, missed the message that renewables should become an important part of power generation. They lost half a trillion in market capitalization as a result. Automobile manufacturers are in a race to not become the next victims by missing the electrification wave. Consumer packaged-goods companies, such as General Mills, Nestlé, and PepsiCo, are product reformulating as consumer preferences change, taking out sugar and sodium from their products, while repositioning their offerings to compete in healthier food and beverage choices.

[criptix]

Wanna know something funny?

If consumers wouldnt buy products which got produced by destroying and polluting the enviroment, what do you think would happen?


Everyone is raping the enviroment because consumers accept it, buy the products and make the producers billionairs.

Companies which try to be environmentally sustainable often financially outperform polluters.  Not always, but enough.

https://www.barrons.com/articles/does-sustainable-investing-lead-to-lower-returns-1529712000

Being a bad corporate citizen is often bad for business. 

ESG is about understanding how companies are adapting to transformational change, such as the shift to a low-carbon economy. European electric utility companies, such as RWE, missed the message that renewables should become an important part of power generation. They lost half a trillion in market capitalization as a result. Automobile manufacturers are in a race to not become the next victims by missing the electrification wave. Consumer packaged-goods companies, such as General Mills, Nestlé, and PepsiCo, are product reformulating as consumer preferences change, taking out sugar and sodium from their products, while repositioning their offerings to compete in healthier food and beverage choices.

I agree, but the main problem - which the article describes too - are short to mid term profits.

ESG funds are a long term strategy, but most consumers are facing the question if they should buy the same item for 1$ or 5$.


This is the same reason why companies are now moving away from china, which is in the process to improve enviromental and worker safety standards which increases production cost.

[HairyMaclairy]

I agree, but the main problem - which the article describes too - are short to mid term profits.

Totally agree.  Which is why we need good environmental regulations and properly funded regulators.

ESG funds are a long term strategy, but most consumers are facing the question if they should buy the same item for 1$ or 5$.

Again, agree.  However if consumers are allowed to be educated of the environmental benefits of one product over another, they will often pick the more environmentally friendly even if it is more expensive.  For example free range eggs are very popular even when twice the price of cage eggs.  

This is the same reason why companies are now moving away from china, which is in the process to improve enviromental and worker safety standards which increases production cost.

I would say that this has more to do with increased labour costs due to demand for workers - purely market forces.  Environmental and safety standards in China are still extremely low to non-existent imho.  

This is good news for Africa because some factories are starting to move there out of China. Africa is also much closer to European markets.  I’m very bullish on Africa over the next 20 years.

[JSRAW]

West turned toward China due to cheap labor. China benefitted in terms of the Financial and ruined Environment. Now China moving to  Africa due to cheap labor and wanna save the environment in their backyard. In a decade or so Africa will get a benefit financially and my Chinese friends will discuss in zhihu why Africa is so polluted.

Win-Win for everyone except the environment.

[VB1001]

Good Morning, WO's

A news item from LN to start the day.

Bitcoin Lightning Network Payments Already Comparable with Apple Pay, Researcher Reveals

This, according to research conducted by JP Thor, a bitcoin (BTC) analyst and advocate. Notably, Thor’s latest study and comparison of crypto and conventional, or mainstream, payment methods came in response to a challenge issued by Anthony Pompliano. Also known as “Pomp” on social media, the Morgan Creek Digital Assets co-founder had requested that “someone should run a test to time” how long it takes to process a credit card and then a LN-enabled crypto transaction.

https://www.cryptoglobe.com/latest/2019/02/lightning-network-ln-payments-already-comparable-with-apple-pay-researcher-reveals/

[LFC_Bitcoin]

So much excitement for a 300 USD spike... and volumes are still low,  according my very personal vision we need to break 6.3 k with high volumes to be able to post rockets and trains memes, only then a new ath will be just a matter of time. Now, it's still sideways

I agree but a $300 rise is a lot better than a $300 dip because that would have taken us dangerously close to going below $3,000 which would obviously have been a new bottom.

I don’t blame people for being happy about seeing a bit of green.

[mirakal]

West turned toward China due to cheap labor. China benefitted in terms of the Financial and ruined Environment. Now China moving to  Africa due to cheap labor and wanna save the environment in their backyard. In a decade or so Africa will get a benefit financially and my Chinese friends will discuss in zhihu why Africa is so polluted.

Nice one !

China is taking advantage of their power and that's not illegal so it's a good move. 
They always have in return for everything they offer.

Win-Win for everyone except the environment.

I would not call it a win-win, I would not allow this if I am Africa.

[VB1001]

Grin listed in Bittrex.

https://twitter.com/BittrexIntl/status/1094178101284794368

[Cryptotourist]

Mornigz.

The question we must answer to is How to take profits from anything whether is legal or scam in legal way.

Sure, get in a scam 'legally' (because you are not the scammer), but make sure to support & make money along with the scammer on other people's backs.
How cool is that? My poor rebal15...

#

'Snake' might be being somewhat overly generous, tho.

Not if it's a baby snake. Mini snake. Sorry, micro. Fuck it, nano snake.

[mirakal]

Grin listed in Bittrex.

https://twitter.com/BittrexIntl/status/1094178101284794368

Great news, maybe the reason why price increase at 40.42% today.

Next stop, Binance? 

[Arriemoller]

Gave you my last merit for that.

[Cryptotourist]

Gave you my last merit for that.

#

Next stop, Binance?  

                                                  

[kenzawak]

Purrfect day for it. A solid eight inches or more down in the lowlands has the city near paralyzed.

[Arriemoller]

Literally this guy would be facing a death sentence or homelessness at best if it weren't for the existence of bitcoin. And he is just the beginning. Never has there been more need or a stronger case for cryptocurrency and yet the price is falling... It makes zero sense.

I mean these are the kids of things that inform my investment decision making. This is how I approach and think about investing. And I'm patient and trust my reasoning and so far it has worked out well enough for me. But in this climate, the price SHOULD NOT be falling.

There is an asset out there that people are on the cusp of being forced into adopting whether they like it or not, and the price of that asset is falling. How long can that continue?

The panic cycle ignores all fundamentals, it seems. Human psychology never changes.

Also, going from 250 USD four years ago to 3600 USD today is not falling.

[mindrust]

Meanwhile in France;



You are going to buy luxury cars with your winnings? Think twice.

Might not be a good idea to show off while there are millions of people who barely survive a month with their minimum wages, and worse, there are millions with no jobs at all.

Pay attention, they ignore the shitty old cars but when they see a porsche they instantly get mad.  

[VB1001]

[bitserve]

We need more capitulation and drama. Bring the fucking final pain.

Even when drunk.... i know you don’t mean that

haha, It's not what I want... it's what we need to maybe put an end to this slow suffering!

Or maybe we just need TIME. Whateva.

[BOB_THE_ALMIGHTY]

Grin listed in Bittrex.

https://twitter.com/BittrexIntl/status/1094178101284794368

Great news for Grin.

Also Bitcointalk Forum itself in endorsing the use of grin as a payment mode which makes it more potential coin for the future.

But I don't think it would be anywere near to BTC by the way.