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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26489961 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. (174 posts by 3 users with 9 merit deleted.)
JimboToronto
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July 25, 2021, 12:34:23 AM



That's a nice sized box of sticks and tin you are living int... Noice.  I am a lover of the travel trailer... but I tend to like the wee ones.

Thanx. I'm amazed it only cost us $2500CAD. That's under $2kUSD. It's hard to find a decent pop-up tent trailer for <$3k these days.

It's 33 years old, with a tip-out for the spacious master bedroom, 3 bunks in the guest bedroom, and a sofa-bed in the living room tip-out. Everything works including the AC. Just had to replace the propane pigtails. Plugs right into our Honda EU2200i.

After we get our permanent place in, it'll be our guest trailer.

I've also always been a trailer lover. Back in the day we toured in a converted school bus. Later in the late 1980s I bought a $300 23' Traveliner. After about 10 years I gutted it, put in a wood stove and used it as a one-room cabin. I used it in several locations until just a couple of years ago when it was severely vandalized. I never liked trailer parks or campgrounds. Always found something off the grid with total privacy, cheap. Last place had a waterfall.

Still, I'm looking forward to a permanent modern summer home by the lake.
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July 25, 2021, 12:35:10 AM

Quote
With extreme weather causing power failures in California and Texas, it's increasingly clear that the existing power infrastructure isn't designed for these new conditions. Past research has shown that nuclear power plants are no exception, with rising temperatures creating cooling problems for them. Now, a comprehensive analysis looking at a broader range of climate events shows that it's not just hot weather that puts these plants at risk—it's the full range of climate disturbances.


https://arstechnica.com/science/2021/07/climate-events-are-the-leading-cause-of-nuclear-power-outages/

I'm not gonna read that so I'll just ask, Where?
I have never heard of a Scandinavian nuclear power plant closing due to a climate event.
I suspect that this is just another cherry picking of plants.
I also don't think nuclear power plants have been around long enough for a "climate event" possibly a weather event.
ChartBuddy
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July 25, 2021, 01:01:27 AM


Explanation
xhomerx10
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July 25, 2021, 01:13:53 AM

Quote
With extreme weather causing power failures in California and Texas, it's increasingly clear that the existing power infrastructure isn't designed for these new conditions. Past research has shown that nuclear power plants are no exception, with rising temperatures creating cooling problems for them. Now, a comprehensive analysis looking at a broader range of climate events shows that it's not just hot weather that puts these plants at risk—it's the full range of climate disturbances.


https://arstechnica.com/science/2021/07/climate-events-are-the-leading-cause-of-nuclear-power-outages/

I'm not gonna read that so I'll just ask, Where?
I have never heard of a Scandinavian nuclear power plant closing due to a climate event.
I suspect that this is just another cherry picking of plants.
I also don't think nuclear power plants have been around long enough for a "climate event" possibly a weather event.

 It's a fairly simple task to resize a cooling system if that's the concern.  Nuclear is the best bet for any country to reach their promised CO2 emission limits.



I stole that from the IAEA website.

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July 25, 2021, 01:15:42 AM
Merited by Richy_T (1)

just put all that aside and absorb the cinematography then if you dont believe humanity is impacting our environment         either you believe in science and the theory of closed systems or you do not

What is the closed system in your scenario?



... presumably the one that ignores the giant nuclear fusion reactor bathing one hemisphere in fluctuating levels of irradiance ... and the ~2.3K of cold space sucking heat off the other hemisphere
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July 25, 2021, 01:22:09 AM

just put all that aside and absorb the cinematography then if you dont believe humanity is impacting our environment         either you believe in science and the theory of closed systems or you do not

What is the closed system in your scenario?


I am not sure I can teach you the whole concept of thermodynamics in a reasonable amount of time in this thread. Also not knowing your education level I am not sure how technical you would want a explanation to be. Suffice to say that earth as a whole is the closed system. It receives energy from a couple of sources..radial velocity(the curve of space) and the Sun. It radiates that energy as heat and light thus maintaining a basic state where the inputs and outputs are in balance. ie We dont fly off into space or crash into the Sun. As I said before it is not exactly true...atoms are stripped off the upper exosphere due to solar winds and cosmic rays and matter is injected in the form of meteors. But for our purposes in such negligible amounts as to be basically zero.
  Inside the earths atmosphere there are a multitude of systems where matter and energy are exchanged...which is the definition of a open system. ie  Rain...clouds...water or flux if you will...life and and our biosphere transfer these linked properties constantly due to feedback. Plenty of good material out there if your interested....it might blow your mind...it did me.
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July 25, 2021, 01:33:28 AM

just put all that aside and absorb the cinematography then if you dont believe humanity is impacting our environment         either you believe in science and the theory of closed systems or you do not

What is the closed system in your scenario?



... presumably the one that ignores the giant nuclear fusion reactor bathing one hemisphere in fluctuating levels of irradiance ... and the ~2.3K of cold space sucking heat off the other hemisphere

Nice graph...thank you marcus...please tell the class which of those graphs represent open systems and which are closed systems.
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July 25, 2021, 01:50:24 AM

.....

Nice graph...thank you marcus...please tell the class which of those graphs represent open systems and which are closed systems.

Maybe he could explain it with an equation ...
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July 25, 2021, 02:01:26 AM


Explanation
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July 25, 2021, 02:08:51 AM
Merited by sirazimuth (1)

Its all good...I dont want to be more of a dick than I already have. Fuck the maths of it all and just go outside and look around...really look. Things are changing...things have changed just in my lifetime. I have seen it with mine own eye. How many species have gone extinct the last 100 years...how many tons of toxic waste has been dumped into land fills and our oceans? How many extreme weather events happened over the last 20 years? How many glaciers have melted affecting water supply..how much have the polar caps melted affecting the jet streams? Putting a stick in a pot and stirring things around and expecting no noticeable effects is ludicrous in my opinion. My whole point was that I think we can do better. Plain and simple.
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July 25, 2021, 03:01:35 AM


Explanation
Toxic2040
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July 25, 2021, 03:39:02 AM

evening charts

#dyor

4h
dragonflies swarm around as corn stalks rise



D
old man yelled at cat...it didnt listen thankfully

#stronghands
shahzadafzal
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July 25, 2021, 03:59:48 AM

This is crazy absolutely nuts

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July 25, 2021, 04:01:27 AM


Explanation
JayJuanGee
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July 25, 2021, 04:29:08 AM
Last edit: July 25, 2021, 04:40:42 AM by JayJuanGee

Its all good...I dont want to be more of a dick than I already have. Fuck the maths of it all and just go outside and look around...really look. Things are changing...things have changed just in my lifetime. I have seen it with mine own eye.

Maths do not change that much, at least from my understanding as a mathematician lay person.

How many species have gone extinct the last 100 years...how many tons of toxic waste has been dumped into land fills and our oceans? How many extreme weather events happened over the last 20 years? How many glaciers have melted affecting water supply..how much have the polar caps melted affecting the jet streams? Putting a stick in a pot and stirring things around and expecting no noticeable effects is ludicrous in my opinion. My whole point was that I think we can do better. Plain and simple.

Oh?

You are much deeper than maths and sciences, you are into application.. which surely peeps are not going to agree upon, and sure maybe bad choices are made from time to time.

Sometimes I feel that I am too old too get caught up in a lot of that stuffs, and I was much more involved in some of those concerns about justices and injustices in some of my earlier years.. .. but sure, we all live somewhere.. and sometimes we might have concerns about some of the various injustices in the world, whether referring to environment or even the use of labor and capital... Is bitcoin going to fix any of it?  or does some of it relate to this topic?  You meanie.

By the way, with all this recent BTC price action, we might even be able to get to $38k in the coming days.. maybe?  I personally consider that the resistance would be in the lower $40ks, like $42k/$43k,. but maybe I am just too optimistic about our current price range in the consideration that there might well be resistance before $42k/$43k.. and especially if there is some kind of merit in the claims of our possibly being in a bear market.

Another aspect is that I doubt that I am being overly optimistic anyhow, because I am not going to rest assured about the bottom being in (in the case that it is in) until prices reach the $46k arena... Is that even possible?  Would be nice to see a few shorts get burned.. in our progression to the $46k territory to test things out... and then yeah.. going straight to $46k might cause less confidence in terms of an ability to go straight up, but I still would not mind watching the price go up there and then witnessing (again) how so many fucktwats are shocked.. shocked again and again, even though we have never left the bull market, but some folks were thinking that we had left.... we will see.  We will see... I might be getting too anxious.. someone stop me.
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July 25, 2021, 04:38:55 AM

Its all good...I dont want to be more of a dick than I already have. Fuck the maths of it all and just go outside and look around...really look. Things are changing...things have changed just in my lifetime. I have seen it with mine own eye. How many species have gone extinct the last 100 years...how many tons of toxic waste has been dumped into land fills and our oceans? How many extreme weather events happened over the last 20 years? How many glaciers have melted affecting water supply..how much have the polar caps melted affecting the jet streams? Putting a stick in a pot and stirring things around and expecting no noticeable effects is ludicrous in my opinion. My whole point was that I think we can do better. Plain and simple.

   

   Same reason changes are happening on all planets in the solar system, and the sun, and all the stars between us and the galactic center.  It is all well documented, though mostly buried and ignored by the mainstream, like so many things these days.   Its a 12000 year cyclical event. I could blow your mind with links, if it weren't a closed system.   Pollution Bad!  Yes!  But nature mops us up periodically before we fuck it up too badly.  Maybe we do worse next time.  Oh, and I'm not sure I agree with your definition of a closed system as being a system where inputs and outputs are balanced.  Actually I am sure.  It is incorrect.
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July 25, 2021, 04:45:26 AM

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July 25, 2021, 04:54:29 AM

This is crazy absolutely nuts


Maybe some people never seen a microwave over or what 2.4 GHz can do.
Have device close to brain on left and right side is absolutly nuts
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July 25, 2021, 05:01:25 AM


Explanation
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July 25, 2021, 05:11:13 AM

Its all good...I dont want to be more of a dick than I already have. Fuck the maths of it all and just go outside and look around...really look. Things are changing...things have changed just in my lifetime. I have seen it with mine own eye.

Maths do not change that much, at least from my understanding as a mathematician lay person.

How many species have gone extinct the last 100 years...how many tons of toxic waste has been dumped into land fills and our oceans? How many extreme weather events happened over the last 20 years? How many glaciers have melted affecting water supply..how much have the polar caps melted affecting the jet streams? Putting a stick in a pot and stirring things around and expecting no noticeable effects is ludicrous in my opinion. My whole point was that I think we can do better. Plain and simple.

Oh?

You are much deeper than maths and sciences, you are into application.. which surely peeps are not going to agree upon, and sure maybe bad choices are made from time to time.

Sometimes I feel that I am too old too get caught up in a lot of that stuffs, and I was much more involved in some of those concerns about justices and injustices in some of my earlier years.. .. but sure, we all live somewhere.. and sometimes we might have concerns about some of the various injustices in the world, whether referring to environment or even the use of labor and capital... Is bitcoin going to fix any of it?  or does some of it relate to this topic?  You meanie.

By the way, with all this recent BTC price action, we might even be able to get to $38k in the coming days.. maybe?  I personally consider that the resistance would be in the lower $40ks, like $42k/$43k,. but maybe I am just too optimistic about our current price range in the consideration that there might well be resistance before $42k/$43k.. and especially if there is some kind of merit in the claims of our possibly being in a bear market.

Another aspect is that I doubt that I am being overly optimistic anyhow, because I am not going to rest assured about the bottom being in (in the case that it is in) until prices reach the $46k arena... Is that even possible?  Would be nice to see a few shorts get burned.. in our progression to the $46k territory to test things out... and then yeah.. going straight to $46k might cause less confidence in terms of an ability to go straight up, but I still would not mind watching the price go up there and then witnessing (again) how so many fucktwats are shocked.. shocked again and again, even though we have never left the bull market, but some folks were thinking that we had left.... we will see.  We will see... I might be getting too anxious.. someone stop me.

you are correct..how silly of me to think anything can be done about anything...we should all just give up

as for any relationship to btc...tangentially we could speculate that MICs and the corporate cartels who seem to be the worst offenders in that arena will go broke once shitty fiat crashes and burns

ps  stahp

----------

Its all good...I dont want to be more of a dick than I already have. Fuck the maths of it all and just go outside and look around...really look. Things are changing...things have changed just in my lifetime. I have seen it with mine own eye. How many species have gone extinct the last 100 years...how many tons of toxic waste has been dumped into land fills and our oceans? How many extreme weather events happened over the last 20 years? How many glaciers have melted affecting water supply..how much have the polar caps melted affecting the jet streams? Putting a stick in a pot and stirring things around and expecting no noticeable effects is ludicrous in my opinion. My whole point was that I think we can do better. Plain and simple.

   

   Same reason changes are happening on all planets in the solar system, and the sun, and all the stars between us and the galactic center.  It is all well documented, though mostly buried and ignored by the mainstream, like so many things these days.   Its a 12000 year cyclical event. I could blow your mind with links, if it weren't a closed system.   Pollution Bad!  Yes!  But nature mops us up periodically before we fuck it up too badly.  Maybe we do worse next time.  Oh, and I'm not sure I agree with your definition of a closed system as being a system where inputs and outputs are balanced.  Actually I am sure.  It is incorrect.


Please supply your definition then is about all I can say...and I think I am correct...the only thing exchanged in a closed system is energy.

here are the maths that prove it
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