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

[HairyMaclairy]

And while I am in - I love the TA Hairy.  I was concerned about this support line going back to 2018.  I think it is where the bears were aiming.  Now the RSI is picking up, seems you were spot on.
The line meant around the $7K mark...  +/- $100

Understand where you are coming from.  Here is a simplified version of my thinking.

[kurious]

I'd prefer you being right - but I have a little more dirty fiat held back

[HairyMaclairy]

I'd prefer you being right - but I have a little more dirty fiat held back

Sensible.  I bought my first physical since June.  But am holding plenty back in case I am wrong.  I think the key is to try to set up a system so that you win no matter what happens.  Then you can go hard within the boundaries of that system. 

[makrospex]

Solar + batteries are far cleaner than coal.  You are in the pockets of Big Coal, you just don’t know it.  


Wind + hydro storage is cleanest of all.  

Also there is talk of building a global power grid which would circle the earth, sending solar power from the day side to the night side. You don’t need storage if you are consuming it elsewhere.

Already Australia is preparing to export solar energy to Singapore by undersea cable.

Are there already acceptable losses over metal cables of distances this far?

Ask these guys:  https://www.suncable.sg/

Also:

In July 2016, ABB Group received a contract in China to build an ultrahigh-voltage direct-current (UHVDC) land link with a 1100 kV voltage, a 3,000 km (1,900 mi) length and 12 GW of power, setting world records for highest voltage, longest distance, and largest transmission capacity.[7]

https://en.wikipedia.org/wiki/High-voltage_direct_current

Thanks for the start.
In my country, they lately propagate hydrogen as climate-friendly alternative to gasoline and diesel, while 99% of all hydrogen is made from fossil sources.
So it's a "climate killer" indirectly too. This is just one example of extremely dumb politics regarding the climate issue and the people seem to naturally buy it.
It's unlikely to be the only one, so i got used to question any climate friendly solution in the first place.
While many ideas in this field are good, they also bring downsides with them, with even worse effects on climate mechanics.
"good intentions" are not enough to solve problems in efficient ways. Side effects are a real bitch, to sum it up.


EDIT: BTC at $8.209 again. nice.
 

[HairyMaclairy]

I agree with you.  But there is a hope for green hydrogen as well.  In Western Australia they are building a 15GW plant for export of green hydrogen generated from wind and solar.  Once you have build the plant, it is very easy to add more panels and turbines.

https://reneweconomy.com.au/pilbara-green-hydrogen-project-grows-to-15gw-wind-and-solar-97972/

[Fatman3001]

Here childhood has been stolen? nha..

that must be the dumbest pic I've seen in a long while

How it's dumbest? Can you explain?
I will say one should feel sad looking at those kids working at this age while they were to go to school.

He is a commie. Of course he thinks that picture is stupid.

Greta is not working, Greta is talking and traveling the world as politicians do. Greta is playing. Greta will probably be one of the world leaders in the future while the other children would die.
It is a dumbest pic.

Greta is a psychopath. She is a child and her labor is being used by even bigger psychopaths.

You guys are small and pathetic

[heslo]

Got a 6.6kWh system installed at the start of the month; it's nice to save on energy costs AND help the environment. I'm having fun logging and looking at the generation data too but that's my inner nerd coming out 

Commie.

Care to explain why?

[soxxx]

Greta is not working, Greta is talking and traveling the world as politicians do. Greta is playing. Greta will probably be one of the world leaders in the future while the other children would die.
It is a dumbest pic.

That’s exactly the point of the picture.  

Right wing politicians criticize Greta saying her childhood has been stolen.  But it is right wing politicians in the pocket of outdated industries like coal mining that are doing the stealing (and giving false hope to coal mining communities).  

We are going to end up with 95% renewables in 20 years because they are cheaper than everything else when combined with hydro storage and battery storage.   Today there is so much solar power in Australia that electricity during the day is often at a negative price - you are paid up to $1,000 per megawatt hour to take the electricity.  The South Australian battery farm built by Elon Musk is paid to charge from the grid during the day, and then paid to discharge to the grid in the evening peak.  It is making a killing, and the coal plants are shutting down because they can’t cope with the price swings on the network (they can’t ramp up and down their production).

It would make it easier if the dinosaurs got out of the way, and allowed for coal mining communities to adapt and transition. But they lie and pretend that coal is the future when we have some much electricity already we have to pay people to take it.  So people in these communities live with false hope of a new coal boom that will never come. They don’t prepare for their future because politicians lie to them.  

There will be no coal mines in 10 - 15 years. Not because of the greenies, but because coal is too expensive for generating electricity.   Once you have built it, wind and solar run for free.  And they get drastically cheaper to build every year.  And storage is also getting drastically cheaper every year.

And you realize the left preaches that airplanes and cars are terrible while they fly in on airplanes and drive in on cars to preach that airplanes and cars are terrible?

If you are going to talk the talk, then walk the walk, Liberals aren't any better. (Throw in the fact they never go after China, India, Germany's policies who pollute the world drastically)

[Icygreen]

 Couldn't help but think that one of the unsavory WO lunatics started this. 
https://twitter.com/brucefenton/status/1177360628601819137

[Ibian]

Guys here is the secret sauce to the whole climate question. Ready for it? Ready? There is nothing wrong with the climate.

[gentlemand]

Care to explain why?

Caring about the environment is for pussies. You're supposed to eat raw meat and fart diesel fumes if you want to be a right wing Alpha in this day and age. If you want to prove yourself go bleach a coral reef and burn down a rain forest.

[makrospex]

I agree with you.  But there is a hope for green hydrogen as well.  In Western Australia they are building a 15GW plant for export of green hydrogen generated from wind and solar.  Once you have build the plant, it is very easy to add more panels and turbines.

https://reneweconomy.com.au/pilbara-green-hydrogen-project-grows-to-15gw-wind-and-solar-97972/

That's good news, indeed.
They have to look for secondary effects by the production of h2o when massively using it. Of course, otto-cycle engines are still a too good way to waste fossil energy, while electrical powered engines would use the energy much more efficient and distribute less heat.

[heslo]

Care to explain why?

Caring about the environment is for pussies. You're supposed to eat raw meat and fart diesel fumes if you want to be a right wing Alpha in this day and age. If you want to prove yourself go bleach a coral reef and burn down a rain forest.

I eat plenty of meat and my farts are definitely deadly enough WITHOUT adding diesel to the mix, well at least according to my wife

[HairyMaclairy]

Are hydrogen fuel cells efficient?  I don’t know anything about them

[gentlemand]

I eat plenty of meat and my farts are definitely deadly enough WITHOUT adding diesel to the mix, well at least according to my wife

Hmm. Ok.

But I'd like to see you achieve and post the evidence of at least one extinction before the weekend is over.

[makrospex]

Are hydrogen fuel cells efficient?  I don’t know anything about them

A little more than common engines, overall it's an up from 35% to about 70% efficiency.

EDIT: off to sleep, soon dreaming about new ATH 

[Arriemoller]

Care to explain why?

Caring about the environment is for pussies. You're supposed to eat raw meat and fart diesel fumes if you want to be a right wing Alpha in this day and age. If you want to prove yourself go bleach a coral reef and burn down a rain forest.

and Cathleens bike

[jojo69]

Targeting a bounce within next 5 days to hit underside of triangle @ $9500 - $9600.  

But hang onto your hats if we blow through the bottom side of the triangle, cause we might blow through the topside too.  

This is the relief rally post-Bakkt now that everyone has realized the world is not ending.

in the mean time, magic 1 provides resistance

[Arriemoller]

Here childhood has been stolen? nha..

that must be the dumbest pic I've seen in a long while

How it's dumbest? Can you explain?
I will say one should feel sad looking at those kids working at this age while they were to go to school.

He is a commie. Of course he thinks that picture is stupid.

Greta is not working, Greta is talking and traveling the world as politicians do. Greta is playing. Greta will probably be one of the world leaders in the future while the other children would die.
It is a dumbest pic.

Greta is a psychopath. She is a child and her labor is being used by even bigger psychopaths.

You guys are small and pathetic

Fatman one liner
Believes in the climate lies
The climate scares him

[jojo69]

Are hydrogen fuel cells efficient?  I don’t know anything about them

The primary problem with Hydrogen is storage and transport.  Steel tanks look like cheesecloth to Hydrogen.

Think about it, from what do you fabricate a container for the smallest of all elements?

Some light reading on the state of the tech https://hackaday.com/2019/09/04/are-hydrogen-cars-still-happening/