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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.1%)
8/4 - 16 (14.7%)
8/11 - 7 (6.4%)
8/18 - 6 (5.5%)
8/25 - 8 (7.3%)
After August - 60 (55%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26470356 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.)
vapourminer
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what is this "brake pedal" you speak of?


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March 12, 2022, 11:39:28 AM

The Blue Plug wires will almost certainly help significantly! So in the spirit of evaluation, I would suggest changing those first and see how much difference it makes. Maybe even drive a few days before actually changing the plugs.

So What's going on anyway? Is it idling rough? Does it run better cold or does it smooth out after it warms up? Any misses or pings while accelerating?

my before and after hole shot was how i decided how well any mods or tuning i did was.

the more rubber left = the real test (obviously). i mean what more do you need to gauge the success of a change in parts or tuning..
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March 12, 2022, 12:01:27 PM


Explanation
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icarus-cards.eu


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March 12, 2022, 12:15:40 PM
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March 12, 2022, 12:20:19 PM

I am coming to realization that money has no real value. It's pretty shocking, actually.
Whether this includes bitcoin, it is still an open question, but better than the rest, of course.
I can use money in my pocket right now of course, but what about a situation when some goods are absent as it started happening (mostly outside of US for now)?
I am also a bit shocked that bitcoin did not go up 50% recently, considering what happened with fiat. Flat city.

Does property have value? Maybe, unless you are not the 'right' person at the time. If you are not, people might not respect your property rights.
So, chalk off property as well. It has been a nice 77 years of stability in that respect, not anymore.

What is of value: imho, it is your geographical location, access to readily available resources (I am talking about food and water mostly), freedom of movement.
Bitcoin could play a role in the last two (or even all three) params.
If we consider the whole global situation and the stocks dumping, bitcoin is holding pretty well at this moment. The fiat currencies, most of them are trying to escape into the dolar first, so at the begining the dolar holds better at first, but if this thing continues, the world situation continues like that, its just a matter of time dolar goes south too.
Bitcoin is the one that has the real value, the value of the dollar so far is just a manipulation that has been carried out for hundreds of years. the dollar will not last strong if the war continues but Bitcoin.. will always survive
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March 12, 2022, 12:38:41 PM



If this continues we might see global leaders of the bitcoin friendly nature and revolution phase second has already begun where countries are now adopting it.
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March 12, 2022, 01:01:23 PM


Explanation
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March 12, 2022, 01:54:53 PM


That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.
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March 12, 2022, 02:01:22 PM


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March 12, 2022, 02:51:44 PM
Merited by BobLawblaw (10), vapourminer (1), Biodom (1), JayJuanGee (1), d_eddie (1)


That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

 If the methane is burned off (hence flare gas), then it's purely an economic issue when it's used for bitcoin mining instead but many oil companies just vent the gas (since it's less dense than air) into the atmosphere rather than burn it and in that case, the unburned methane has somewhere over 20 times the effect of CO2 as a greenhouse gas.  This is why they're going after cattle as well.  We're going to have to tap those cattle next for bitcoin mining.  Bitcoin miners will also try to make the case that using flare gas removes some reliance from other fossil fuels which have a higher carbon content and coal (pretty much all carbon).  I'm not sure I buy that logic because if the energy comes cheaply enough from flare gas, then older, less efficient bitcoin miners could be used where they would be too inefficient for use within the existing electrical distribution system.

 
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March 12, 2022, 03:01:27 PM


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March 12, 2022, 03:29:12 PM
Merited by jojo69 (5), xhomerx10 (2), JimboToronto (1), JayJuanGee (1)



+1 WOsMerit


------



If this continues we might see global leaders of the bitcoin friendly nature and revolution phase second has already begun where countries are now adopting it.

+1 WOsMerit


-------


That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.


typical right wingnut response because lack of understanding of basic maths and a unwillingness to educate ones self off of MSM brainwashing  /s?


about 5 seconds on google cause i type slow
'what is digital flare mitigations impact on CO2 emissions?'

https://www.ndlegis.gov/assembly/67-2021/testimony/HFINTAX-2328-20210309-8106-F-CAVNESS_CULLY.pdf

already knew what relative meant..but here you go
https://dictionary.cambridge.org/us/dictionary/english/relative
Quote
being judged or measured in comparison with something else:

science...maths...


something is usually better than nothing imho   

Apologies for being snippy but I rarely encounter anything constructive being said by the polarised right or left..it immediately devolves into 'I disagree because you agree' or some such nonsense. We have to do better. We have to do the thousand other little things that seem trivial as well and we must do it globally..as a species...not right or left or any other metric.

An answer has been found for the terrible manipulations of central banks and nations states of your financial sovereignty. An answer has been found to a non-trivial source of what most consider greenhouse gas emissions. An answer has been found to utilise a stranded resource and put it to a beneficial use by lowering mining costs or letting older miners remain profitable as our madhatter pointed out. This bovine implementation appears to have merit as well and should immediately proceed into phase one research.

I can hardly think of better optics than those right there...unless we somehow figure out how to stop wars with Bitcoin.

carry on 
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March 12, 2022, 04:01:22 PM


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cAPSLOCK
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Maybe the Mars is the future!


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March 12, 2022, 04:12:27 PM


The Blue Plug wires will almost certainly help significantly! So in the spirit of evaluation, I would suggest changing those first and see how much difference it makes. Maybe even drive a few days before actually changing the plugs.

So What's going on anyway? Is it idling rough? Does it run better cold or does it smooth out after it warms up? Any misses or pings while accelerating?

Troubleshooting carbs and ignition.

A great groaning dinosaur yawn.

An art that will die with some of us.

(not quite a haiku?)
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March 12, 2022, 05:01:21 PM


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d_eddie
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March 12, 2022, 05:23:58 PM


That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

I am not sure (need to check, but probably someone here knows already), but I seem to recall that CH4 has a worse greenhouse profile than even CO2?

EDIT Hasty posting. Sorry. @xhomerx10 does indeed know and promptly explained.
Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


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March 12, 2022, 05:27:53 PM

I am not sure (need to check, but probably someone here knows already), but I seem to recall that CH4 has a worse greenhouse profile than even CO2?

EDIT Hasty posting. Sorry. @xhomerx10 does indeed know and promptly explained.

So it seems the issue is incomplete combustion which could presumably be solved by appropriate flame technology at the place of combustion.

Again, good that the gas is being used for something useful (and it turns the upgrade into a profit item rather than a cost item) but it's not using it for mining that makes any impact on CO2 or so-called "CO2 equivalent" emissions.
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March 12, 2022, 06:01:27 PM


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Biodom
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March 12, 2022, 06:08:29 PM
Last edit: March 12, 2022, 07:11:38 PM by Biodom
Merited by xhomerx10 (1)


That makes no sense.

I mean, it's great that the energy is being used for something useful but it's still CH4+202 -> CO2+2H20

Left-wing math, presumably.

 If the methane is burned off (hence flare gas), then it's purely an economic issue when it's used for bitcoin mining instead but many oil companies just vent the gas (since it's less dense than air) into the atmosphere rather than burn it and in that case, the unburned methane has somewhere over 20 times the effect of CO2 as a greenhouse gas.  This is why they're going after cattle as well.  We're going to have to tap those cattle next for bitcoin mining.  Bitcoin miners will also try to make the case that using flare gas removes some reliance from other fossil fuels which have a higher carbon content and coal (pretty much all carbon).  I'm not sure I buy that logic because if the energy comes cheaply enough from flare gas, then older, less efficient bitcoin miners could be used where they would be too inefficient for use within the existing electrical distribution system.

 

I am not sure how we can reduce methane production by cattle without reducing cattle numbers.
For a second there I imagine attaching a methane collecting box to their behinds, but then....it is not possible.

On a large scale the solution is an artificial photosynthesis process, no doubt.
In photosynthesis (done by plants), CO2 is captured from the atmosphere and sugars and oxygen (as a byproduct) are produced.
Two problems:
1. Splitting water at the ambient temperature and
2. Running the system at relatively low CO2 concentration (as plants are able to do).

However, it is a scientific/engineering problem that can be eventually solved aka there is NO reasoning as to why it cannot work in principle.

Info:
https://en.wikipedia.org/wiki/Artificial_photosynthesis
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March 12, 2022, 06:48:39 PM
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This is why they're going after cattle as well. 
We're going to have to tap those cattle next for bitcoin mining.

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March 12, 2022, 07:01:21 PM


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