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

[philipma1957]

and buddy brings us back inside the good old 32-34 slot.


I would not mind sliding into and staying in a 42-44 slot for as long as we have been playing in the 32-34 slot.

[Millionero]

and buddy brings us back inside the good old 32-34 slot.


I would not mind sliding into and staying in a 42-44 slot for as long as we have been playing in the 32-34 slot.

D-cup?  44 sounds more like a DD or even an F.

[LFC_Bitcoin]

and buddy brings us back inside the good old 32-34 slot.


I would not mind sliding into and staying in a 42-44 slot for as long as we have been playing in the 32-34 slot.

Sounds good to me, followed by a face melting, white hot rip to $180,000 in November or December.

[shahzadafzal]

The level of Bitcoin adoption around the world.


Data from Chainalysis 2020 Geography of Cryptocurrency Report

https://twitter.com/documentingbtc/status/1419022821536190472?s=21

[ChartBuddy]

Explanation

[JayJuanGee]

and buddy brings us back inside the good old 32-34 slot.


I would not mind sliding into and staying in a 42-44 slot for as long as we have been playing in the 32-34 slot.

Sounds good to me, followed by a face melting, white hot rip to $180,000 in November or December.

I don't feel like having my face melted, but I would not mind watching some of that.  

Call me selfish, if you will.

The level of Bitcoin adoption around the world.


Data from Chainalysis 2020 Geography of Cryptocurrency Report

https://twitter.com/documentingbtc/status/1419022821536190472?s=21

Even though I looked at the tweet and glanced through the linked Chainalysis website explanations of how they got their numbers, I am not sure whether I understand the significance of those interesting shades...

Presumably the shades are going to get darker with the passage of time.. perhaps China will get lighter from the rumors, but who knows about China?  They get a lot of blame for bitcoin manipulation.. and banning of aspects of bitcoin... but they never really seem to be getting out of bitcoin or its measures of adoption.

[cAPSLOCK]

Hey Jimbo, how's the cabin in the woods coming along?

Slowly. Municipal red tape.

Can't do too much until we do significant road work. Currently arranging liability insurance to protect the town's ass before we can make improvements to the "historically traveled" public road allowance (currently a snowmobile trail) which is the only access to the property. The problem is that road itself strays off the public allowance and onto private property in several places. Luckily the previous owner got it "graveled" (actually fist-sized pieces of broken granite) as far as our property before the town put a stop-work order on it.

He continued the graveling part way into our property. At the moment it takes a rugged 4x4 to get to within about a kilometer from the lake itself. It's a vigorous hike from there.

In the meantime, we've moved a trailer to the farm next to the trailhead. We'd already arranged to drop a shipping container there to serve as secure storage and parking for an ATV. For the time being, we'll stay in the trailer on the farm and take the ATV out to the lake.

Here's the trailer:



and the spot for the sea bin:



Here's the ATV we're getting: https://atvsxs.honda.ca/side-by-side/700-series/pioneer-700-4-deluxe

We don't need no stinking Lambos!

After we finish the road all the way to the lake, we'll put in a permanent dwelling with septic and solar.

So much to do. It's way better than boring though.

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.

[ChartBuddy]

Explanation

[savetherainforest]

Oh thank you ChartBuddy didn’t realize we are back in $34,xxx.

Sometimes I forget that f^cking bot is useful sometimes.

I come here mostly for the memes, and occasionally stumble upon the irrelevant price thingy (for now) (that is only good for buying).    

[philipma1957]

Oh thank you ChartBuddy didn’t realize we are back in $34,xxx.

Sometimes I forget that f^cking bot is useful sometimes.

I come here mostly for the memes, and occasionally stumble upon the irrelevant price thingy (for now) (that is only good for buying).    

we will all be deeply in love with buddy as it crests pass 70x and over 100x

[ChartBuddy]

Explanation

[Richy_T]

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?

[Richy_T]

Lets shelve this for 20 or so years if you have the time and then you can get back to me...I will be curious if your opinion has changed by then...if I am still even sucking air at that point.   

Would that we could. Unfortunately the climate alarmists are all "Marxism now!".

[ChartBuddy]

Explanation

[JimboToronto]

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.

[Arriemoller]

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]

Explanation

[xhomerx10]

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.

[marcus_of_augustus]

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

[Toxic2040]

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.