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

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[tertius993]

America: Yes let's pump billions more into electric cars, and at the same time let our roads and bridges crumble into disrepair.   

im wondering who is gonna pay for upgrading my electric service so that it can handle charging two EVs overnight to full charge. as my panel and service is already near capacity.

as well as everyone else in the same boat. cuz waiting for a charge at some charging station miles away from home just aint gonna happen.

That... Will be a problem. I will agree that it takes an insane amount of power to charge an electric car: My truck can charge at 2.2kw an hour which is about 6 miles of range per hour. A normal 30a 240 circuit can supply 6.6kw/hr or about 20 miles of charge per hour. That's pretty much common across all cars, be it my S10 truck or a Tesla.

Now you can go to a charge station and do Chamedo type charging or what Tesla calls Supercharger but that's 50kw service and about 100 miles per hour of charge. And even that damages Leaf batteries and probably even Tesla batteries over time (slower charge lasts longer).

The only other solution is a dump charger like a Tesla powerwall but man that will do a serious number on the pack.

Gasoline has an energy density that is just out of this world.

It is much less of a problem than that description suggests. Almost nobody will need to charge two EVs from empty to full every day - that would imply two cars each driving c. 250-300 miles each per day - if we assume that’s done 5 days/week for 50 weeks of the year that is somewhere between 125-150,000 miles per year for two cars or about six to nine times the average! The reality is most EVs will be charged on a little and often basis.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[somac.]

This price action is rather frustrating considering we breached the all time high recently. I think that traders are currently playing this down channel, when we break up though I'm thinking it will get us to at least 75k. We'll see I guess, and if we get a dump this weekend it will be down to the support line maybe 55k. Good place to but some buy orders propbably.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Sayeds56]

https://twitter.com/bitharington/status/1453352312609595396

[LFC_Bitcoin]

Getting frustrated in this price range, we’re really struggling to break out. Either bears/shorters are very determined to suppress the price for as long as possible or the demand just isn’t there.

Either way, getting annoying. Where’s my $125,000 per bitcoin?

If this continues I’m afraid I will have to speak with the bitcoin manager.


Hope this is a reverse indicator & we pump before monthly close.

[Poker Player]

This price action is rather frustrating considering we breached the all time high recently.

When we broke $20K this cycle, I remember it took a little while, it wasn't come and break it, first we got close and there was a dip, then we broke it slightly and there was another dip, until we subsequently broke it clearly. In this case, we broke at previous ATH above $65k but it was not a clear break.

Getting frustrated in this price range, we’re really struggling to break out.
...
Either way, getting annoying. Where’s my $125,000 per bitcoin?

Sure, sure, very frustrating a 400% return in the last year, wink wink.

[LFC_Bitcoin]

This price action is rather frustrating considering we breached the all time high recently.

When we broke $20K this cycle, I remember it took a little while, it wasn't come and break it, first we got close and there was a dip, then we broke it slightly and there was another dip, until we subsequently broke it clearly. In this case, we broke at previous ATH above $65k but it was not a clear break.

Getting frustrated in this price range, we’re really struggling to break out.
...
Either way, getting annoying. Where’s my $125,000 per bitcoin?

Sure, sure, very frustrating a 400% return in the last year, wink wink.

I’m greedy, man.

Never satisfied, always want MOAR

[ChartBuddy]

Explanation

[cygan]

a look at how inflation and consumer prices are moving in eu...

[somac.]

a look at how inflation and consumer prices are moving in eu...

Look. If prices rise too quick and too much we'll just print more money and give it to those who are suffering from the inflation. Problem solved.

[cygan]

a look at how inflation and consumer prices are moving in eu...

Look. If prices rise too quick and too much we'll just print more money and give it to those who are suffering from the inflation. Problem solved.

you mean the said money printer? ... how easy is that please
brrrrrrrrrrrrrrr

[somac.]

a look at how inflation and consumer prices are moving in eu...

Look. If prices rise too quick and too much we'll just print more money and give it to those who are suffering from the inflation. Problem solved.

you mean the said money printer? ... how easy is that please
brrrrrrrrrrrrrrr

It's verrrrrrrrrry easy. The hard part though is actually giving it to the poor, which is odd because it's so easy for us to give it to the rich. Despite our many PhDs we still can't work it out. Some things are just not meant to be solved I guess.

[ChartBuddy]

Explanation

[BitcoinBunny]

Getting frustrated in this price range, we’re really struggling to break out. Either bears/shorters are very determined to suppress the price for as long as possible or the demand just isn’t there.

Either way, getting annoying. Where’s my $125,000 per bitcoin?

If this continues I’m afraid I will have to speak with the bitcoin manager.


Hope this is a reverse indicator & we pump before monthly close.

Bitcoin management centre, How can I help?



Yeah I'd like to talk to my Bitcoin Manager



I'm sorry sir, your Bitcoin Manager is currently partying in a stripclub and is not available. I can put you through to a temporary holiday cover manager.



Ok



Shiba Inu. Shiba Inu. DogeCoin. DogeCoin.




Hello? What the fuck are you on about? I want to speak to you about Bitcoin and ask why it's not over 100K yet.



DogeCoin. DogeCoin. Shiba Inu. Shiba Inu.



Put me through to my personal Bitcoin Manager. I've had enough of you.



Hey there. Sorry it's very loud here. I can't hear a thing. I'll be back in the office in November maybe December. Let's talk then.

[julian071]

Today, I gave myself a gift I've been wanting for a very long time; per the 1st of January 2022 I will be working four days a week instead of five. I can manage the work in four days, and it's now financially feasible thanks to this great Bitcoin adventure I've been on since 2014 - I've worked on getting my energy costs and some other costs down, I've built up enough savings and I now have all the material stuff I could ever want.

I'm incredibly grateful for all of this and I also want to thank everyone here for all the bad and good advice, the knowledge and of course the fun.

Everything I gain from now on is just another bonus.