Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4321. (Read 26713358 times)

FTFY

Explanation

We have a spot in Carbondale PA. and the name is due to the coal mines in the area.

You drive around the area and see football field size stacks of low grade slag (shitty yield coal). Over 100 piles of it. Brownish rather than blackish.

We got a guy there we are looking to setup a 800kwatt mine and then supply ½ of it with a solar array. It is a 10 year time line.  most likely it will begin in 2022 or 2023.

I only wish I were 40 not 64 as  I see so much future in this fusing of solar and BTC

It's interesting to see the plan unfold.  

It seems to me THIS phase is mostly focused on supply chain problems, particularly with food supply.  They had no issue with killing us with an engineered virus, and they are going to starve some of us to death next.  The most interesting part is the worldwide UREA shortage being created by China (of course).

This is a chemical which has an underestimated importance.  Who knew the world would run on pig piss?  But it does.  It is a primary ingredient in fertilizer, and ALL modern diesel engines require it to run.  It is not a requirement, in that the engine needs it.  But the engines all now have systems built in that will either shut off the operation altogether, or seriously govern the speed when it is missing.

So this attack has a 2 pronged effect.  It will make food harder/more expensive to produce.  And it will make the delivery of all goods also harder and/or more expensive.  So food production AND supply chains are going to shut down to some extent.  And people will die.

We are JUST beginning to see the first effects of this attack.  But I think it's going to get worse.

I personally drive a little 4 cyl diesel truck.  I bought myself 20 gallons of DEF a little while back when I realized this attack was coming.  So I will be good, for several years... probably overdoing it, but it will at least give western pig farmers the time needed to build the systems needed to produce this ourselves.

I'm not sure that Covid really has anything to do with it, I think it is simply that the numeric impact of each halving gets smaller each time, and it gets smaller faster than a simple halving would imply.

If you look at this table:



You can see that at the start if this epoch (3rd to 4th halving) 18.375 million coins had already been issued.  During this epoch only another 1.3 million coins will be issued, so the halving only impacts those 1.3 million coins, and that's just 7.1% of the coins already issued.  Whereas the last halving affected nearly 17% of the coins already issued.  Conversely the next halving will only affect 3.3%.

So although the emission rate halves each time, the impact (i.e. number of coins involved) actually drops off even faster.

Note: I am counting the coins that were issued at the start of the epoch, if you counted from the end it would seem even smaller.

Explanation

OT: All this talk in the MSM about the "relief rally" in stonks, and how the market "liked" the hawkish Fed news about tapering and potential 3 rate hikes in 2022.

Lol, what bullshit. The stonk market only likes free money, and more of it. They in fact hate tapering, and really hate higher interest rates. And they could give a shit about inflation.

A bunch of shorts got hammered, that is all.

What everyone should be very worried about is when the Fed really *does* start seriously tapering and raising rates. That would start the clock, and mean that another global black swan "event" is right around the corner. By design.

Explanation

My wild guess? They'll ban easy access for the plebs. U poor? Rubles it is!

(Or depending on your level of sophistication maybe dollars too,  USD safu OK, no risky is money very good!)

I bet these "market players" and "experts" own crypto themselves so it's very unlikely they will ban anything.  

£875 Bn is the total* purchases under the scheme since (I think) 2016 when it was instigated.  It's not an annual spend.

Edited to add: probably better to describe it as the limit on purchases they can make, not sure they have actually used it all yet.

OMG we're screwed this is the end of it... haha NOT! HODLers not affected! 

 It's a Christmas miracle.

 
 

Explanation

OMG after China, here comes "Russia bans bitcoin"!
What will we do?
It sure is going to be the death of our lil friend.
And all the Russian oligarchs had better sell their stashes for rubles.
Amirite?

Russian Ban:

Russian cenbank to seek ban on investment in cryptocurrencies, sources say



Bitcoin is dead.
Next 24h are critical.
Confirmed.

Dang, it really pains me to see guys like this who have a serious addiction to caring so fkn much about crypto TA. Something that they don't even realize is a complete waste of time and life. There's nothing more depressing and soul-crushing for a man than to sit around trying to make sense of and trying to predict something that you have absolutely no control over whatsoever. This is the exact same shit that destroyed the lives of many young wanna-be daytraders of penny stocks back in the last few decades. Many of them ended up in massive bankruptcy and committed suicide.

The guy needs to gtfo of shitcoins, stop looking at the prices, get off the internet, and go do something product with his life. Learn a skill, get a hobby, make friends, get a girlfriend, travel. Whatever. Invest in himself and his future.

There is no "game". There is only your dumb ass for thinking there ever was one. It's all a delusion, dude. smh

 

They are not even hiding it now. But the media is not helping to connect the dots. People should do that themselves.
When's the last time consumers in the UK spent £875 billion buying goods in a year? I reckon that is impossible.



Edit:
Furthermore this also shows how tiny the BTC marketcap currently is and thus how much further it will grow.
When 1 single centralised bank purchases MORE than that in useless "assets" (debt) without even 1 person objecting.

Explanation