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

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[BitcoinBunny]

More details on the lunatic UK gas proposals.
These people are unhinged and should be executed asap as far as I'm concerned.

Gas bills face £100 a year 'penalty' under government 'green drive' to encourage Brits to switch boilers - with homeowners who agree to have a wind turbine nearby in line for £350 reward
https://www.dailymail.co.uk/news/article-11919001/Gas-bills-rise-100-electricity-costs-fall-government-green-drive.html

I already live near a wind turbine. If I don't agree with that it's there, are they going to knock it down and I have to pay £350?

Who comes up with this insanity? Who benefits from it?
Why is Europe so eager to throw itself off a cliff?

Meanwhile more coal power stations are firing up in China, Pakistan and elsewhere.
But in Europe we have energy suicide.

Exclusive: Pakistan plans to quadruple domestic coal-fired power, move away from gas
https://www.reuters.com/business/energy/pakistan-plans-quadruple-domestic-coal-fired-power-move-away-gas-2023-02-13/

[cygan]

[ChartBuddy]

Explanation

[Lainta]

[bitcoinPsycho]

What?

[pixie85]

More details on the lunatic UK gas proposals.
These people are unhinged and should be executed asap as far as I'm concerned.

Gas bills face £100 a year 'penalty' under government 'green drive' to encourage Brits to switch boilers - with homeowners who agree to have a wind turbine nearby in line for £350 reward
https://www.dailymail.co.uk/news/article-11919001/Gas-bills-rise-100-electricity-costs-fall-government-green-drive.html

I already live near a wind turbine. If I don't agree with that it's there, are they going to knock it down and I have to pay £350?

Who comes up with this insanity? Who benefits from it?
Why is Europe so eager to throw itself off a cliff?

Meanwhile more coal power stations are firing up in China, Pakistan and elsewhere.
But in Europe we have energy suicide.

Exclusive: Pakistan plans to quadruple domestic coal-fired power, move away from gas
https://www.reuters.com/business/energy/pakistan-plans-quadruple-domestic-coal-fired-power-move-away-gas-2023-02-13/

While 2020 and 2021 were covid years where every single day they were scaring us with new restrictions, new rules, quarantine for this or that area, 2022 and 23 seem to be years of eco terrorism.
It's like they see the house falling on their heads and they don't know if they should bring in a car jack and try to support the ceiling or use the table and chairs to build a supporting structure, or scream out the window and hope someone will come with a solution.

15 minute cities, deciding what business has the right to use a lot of electricity, what business is productive enough to be allowed to use the grid, what can you eat, how much meat, how many cars can you own, when it will not be allowed to have a combustion car. It's like all these laws are made by idiots.

Now I hear they want to limit cash payments in the EU. Officially to limit cash payments, unofficially to prevent bank runs and be able to decide if what you're buying is good for you. They can always block a bank transfer but they can't stop you from doing cash transactions so the're limiting ATM withdrawals to a bare minimum of 300 - 500 EUR. There's also a new limit of 7000 EUR per cash payment and 1000 EUR for crypto payment. So now you can't even buy a more expensive home appliance with crypto. Big TV? Forget it.

[BitcoinBunny]

More details on the lunatic UK gas proposals.
These people are unhinged and should be executed asap as far as I'm concerned.

Gas bills face £100 a year 'penalty' under government 'green drive' to encourage Brits to switch boilers - with homeowners who agree to have a wind turbine nearby in line for £350 reward
https://www.dailymail.co.uk/news/article-11919001/Gas-bills-rise-100-electricity-costs-fall-government-green-drive.html

I already live near a wind turbine. If I don't agree with that it's there, are they going to knock it down and I have to pay £350?

Who comes up with this insanity? Who benefits from it?
Why is Europe so eager to throw itself off a cliff?

Meanwhile more coal power stations are firing up in China, Pakistan and elsewhere.
But in Europe we have energy suicide.

Exclusive: Pakistan plans to quadruple domestic coal-fired power, move away from gas
https://www.reuters.com/business/energy/pakistan-plans-quadruple-domestic-coal-fired-power-move-away-gas-2023-02-13/

While 2020 and 2021 were covid years where every single day they were scaring us with new restrictions, new rules, quarantine for this or that area, 2022 and 23 seem to be years of eco terrorism.
It's like they see the house falling on their heads and they don't know if they should bring in a car jack and try to support the ceiling or use the table and chairs to build a supporting structure, or scream out the window and hope someone will come with a solution.

15 minute cities, deciding what business has the right to use a lot of electricity, what business is productive enough to be allowed to use the grid, what can you eat, how much meat, how many cars can you own, when it will not be allowed to have a combustion car. It's like all these laws are made by idiots.

Now I hear they want to limit cash payments in the EU. Officially to limit cash payments, unofficially to prevent bank runs and be able to decide if what you're buying is good for you. They can always block a bank transfer but they can't stop you from doing cash transactions so the're limiting ATM withdrawals to a bare minimum of 300 - 500 EUR. There's also a new limit of 7000 EUR per cash payment and 1000 EUR for crypto payment. So now you can't even buy a more expensive home appliance with crypto. Big TV? Forget it.

Can only think that the rules are made by criminal governments to ensure they follow Claus Schwab's criminal mastermind plans. I'm not sure why they are being led by what appear to be 80+ year old dementia patients now (Biden, Schwab and Judenrat Soros).

The Netherlands had a massive delegation at Davos last year and this year from what I heard. Which is bizarre for a small country obviously.
The coalition government then went nuts with their criminal destroy all farmers plans.

The Dutch citizens who recently voted in the provincial senate elections clearly said "F Off" to their criminal dictatorship government.
Hopefully the dementia foreign influenced control that they exercise, and appears to be reminiscent to following whatever mental health patient Adolf Hitler wanted to do in the 1940s, will come to an end soon enough.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[_Hiloveua_]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

[ChartBuddy]

Explanation

[BitcoinBunny]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

[God Of Thunder]

Someone said,
Don't laugh at others' positions. One day, You will become like them.

Me: Satoshi, hahahaha,
       theymos, hahahahah
       Cyrus, hahahahaha. 

[philipma1957]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

one can say it has a fundamental value of zero.

but reality is it has a real utility value in managing the world wide grid.

It it a great tool when a wind farm generates 10mega watts an hour and demand is 4 megawatts the extra 6 megawatts need to be shunted somewhere.  Say a nearby btc mine.

And when demand increases to 6.5 megawatts an hour the mine can back off to 3.5 megawatts.

Miners are a really good resistive load.

Secondary purpose is hear generation in the example above quite a bit of heat will be produced by this miners and it can be fed into heating grids.

dollar nope
euro nope
gen nope.

[ChartBuddy]

Explanation

[OutOfMemory]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

Dude, your place is already taken by the llama  

[Hyperjacked]

Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source

Wrong… I first started using Bitcoin as a currency almost 10 years ago.

Everyone on this thread already knows that noob …😂

[ChartBuddy]

Explanation