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Quite weak on the ledger aspect though.
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"I don't own Bitcoin. I'm not short Bitcoin," says @BillGates  Not short? Neutral view? Baby steps, I guess....  "Metcalfe's law means any holdings I had would only fall when I sterilize 80% of the earth's population". |
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Can recommend. Make sure you have it configured to run when the grid is out as your installer may not think that through.
I recall some noise a while back about PV systems having to power down when the grid was down if they were connected to the grid. I don't recall if there was some kind of exception if you had the correct isolation or not though. Edit: https://thirdsunsolar.com/residential/does-solar-work-in-a-blackout-third-sun-solar/ |
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It was one of many early innovations that was tried because we were all excited about making Bitcoin work. Back in the early days of bitcointalk there was so much activity around making Bitcoin awesome. Now it's just shilling. If you do a search for any useful information the search result is filled with 2011, 2012 posts.
There were certainly detractors but those were mainly based on the underlying economic principles of Bitcoin. Keynesians not liking deflationary currencies. They thought a currency should purposefully lose value over time. As a feature.
I did a quick search earlier and new quality ones were available for 1.02 BTC. Not enough to make me want to sell mine. |
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That's what Ochs did with the Times and Franklin did with Poor Richards' Almanac: Provide consistent quality information that you pay a subscription for. Hearst knew the value of shock crap news, thus came the "penny papers" where you only paid a penny but each day the news had to sell itself to your tastes. Thus salacious crap (Remember the Maine!)
Unfortunately on the Internet the penny paper model won (ad based articles) so the ones that make money are not based on accuracy but on salaciousness. In that world yes you have to research every news item to death.
Personally I prefer to outsource that to a reputable company. Sometimes even those reputable sources can be corrupted by ad revenue and shock jock crap (hello Wall Street Journal, what the fuck happened). And here we are....
I believe the dependence on advertising also affected things. When you lean almost copletely on advertising, your numbers become important at all costs. I believe most papers only charge to prevent people from using them for fuel (obviously not an issue with internet-based platforms). |
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Of course I understand that, it would just help in the meantime is all I mean. Layer 2 is coming and it is a good thing, but obviously still needs more time.
18 months? |
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Why do you write dates "month/day/year", it's counterintuitive  day/month/year is the way to go, from the smaller unit to the biggest  ISO 8601. The right format for the modern age. |
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but hats off for publicly admitting it. it will give their followers something to think about. this is a weird phenomenon: individuals or entities with lots of followers that repeat for years that bitcoin is tulip mania have been a great disservice for their followers: kept them from buying bitcoin. i wonder if some of them "feel" some kind of sense of responsibility and give it a second thought. maybe mfool is an example of that.
The interesting thing is that those who have dismissed it have typically done so based on surface level stuff and almost no deep analysis, often betraying a fundamental misunderstanding of how value works. A prime candidate for the Gell-Man amnesia effect. What are they getting wrong in other areas? |
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Now I need a big ole chunk of silver to carve it out...
(I might have to for settle for brass, or some such, but no Inconel....that shit blows up cutters like nobody's business!)
Maybe cast in pewter? |
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 This is to show that I'm not a (complete) curmudgeon and because it *is* kinda cool but I'm not a joiner so don't expect it to stick around for long  |
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So, perhaps the devil is in the details in what I mean by gambling versus investing... because the more that trading is involved, then it can start to seem more like gambling too..... and I suppose that whatever battles that I have with the gambling mindset is a kind of context specific way of bashing behaviors that are shorter term in nature.
I think one of the biggest things to be done is have a plan. It may just have been a cutesy saying on the wallpaper of my upstairs bathroom but without a plan,, it's a lot easier to lie to yourself, have "one last spin" and believe you're going to make it all back on the next big trade. It doesn't appear to have been a big issue for me so far but it pays to be aware of what is happening in our heads (human brains can be tricky things) and seek help if we appear to be acting beyond our rational control. (First red flag is trading alts, of course  )  |
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All bitcoins are welcome in my wallet and my nodes. I guess you could run a hacked node to block specific addresses, but man that would have to be picked up by a very large percentage of the network.
LukeJR hardcoded blacklists in his Knots node back in the day. I don't think it was widely adopted even when he slipped it into a major Linux distribution's repository. It also used tonal notation.
I still do not understand how going above $65k would cause this bull market to look more like 2013. Are we saying that the first of two exponential price rises would come to an end, and then we would have a correction and another price rise.
Yeah, 2013 was also heavily influenced by the implosion of MtGox where for a long time, the only way to exit funds was to buy Bitcoin. Still a good year for those of use without money there though, I guess. |
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Yep... a kind of gambler's mentality that may or may not end up working out. Seems that the odds are against such mentality playing out to make up for losses that he already made by failing to adequately be in bitcoin and what he would be able to achieve by just sticking with king daddy.
Never know? Never know? in terms of gambling actually paying off and surely if he does end up picking his shitcoins correctly, AlcoHoDL, you will probably never hear the end of it, just like you are likely NOT going to forget his ongoing dumbness for already having had underperformed because of getting involved in shitcoins nor will you forget if his portfolio underperforms bitcoin (to the extent that the gambler actually discloses the truth to you, and gamblers do tend to have loose connections with actual truth rather than the truth that they imagine to be the case).
For sure. I don't regard bitcoining as gambling but we are definitely gambling adjacent. Nothing like those dopamine hits during a rally but for the susceptible, those become something to chase and the altcoins will happily give them to you at the cost of your stash. |
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Well, i was thinking about that too, but the neighbors would likely kill me for having this thing running for days (they use firewood) and i just can't sleep in noisy environments. It's a nightmare on intercontinental flights. As soon as i recognize the noise cancellation of the ears at the moment i'm falling asleep, i wake up because the absence of turbine noise is raising some kind of alert. Maybe i shouldn't have tried to forcefully stay awake for quite some time, in an episode of my past life. IDK  They have some very quiet gas generators. PV is possibly a good idea too though. The thing about a generator is that you don't need to run it 24/7. When out power was out, we were running a couple of times a day just to keep the freezer cold. The last few days have been overcast so PV would probably have been less then optimal. The passive nature of PV and not requiring fuel is definitely a bonus. I would suggest that it's worth having both and using each to its strengths. |
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To be fair, the government's awful response to handling the economy through covid is less on the president and more on the legislature and state governments. Shut things down in a stupid way then you have to help people out but you can't discriminate so you have to print enough for everyone and then because you're the government and there's just no other way of doing it, you load it down with pork that eclipses the aid to the people you're supposed to be helping. You don't raise this money through taxes, of course since you just crapped up the economy so just run the money printers. There's going to be a relief bill for Texas too, no doubt. We know how that will go. As a Bitcoin hodler, it's very bullish but I'm not much looking forward to trying to find a Bitcoin ATM in a post-apocalyptic wasteland. |
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perfect. I especially like how the hastily added zeroes are glitching, fits the ethos of the gif and btc!!
I *wish* they were hasty.  They are actually moving extremely smoothly. It's the underlying gif that's unstable. |
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We live close to a Fire Station, so I am attributing our continued power to that... but our house is old... really only insulted with rat skeletons, and we have had at least 2 pipes burst. Finding a plumber here is... well... pretty much impossible right now.
Learning some basic plumbing is very worthwhile. As well as keeping some bits and pieces on-hand. Wherever we've had pipes burst before, I've put cutoffs so I can isolate those parts of the house when things get bad. Being without heat is one think (get an emergency heater too) but being without water will have you downright miserable. |
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Gotta tell you, I remember people thinking it was going to fall once Biden came in. Hasn't worked out that way which could mean Bitcoin is more than a disaster hedge.
See, I would take that as evidence that it is one |
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Better  |
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Quick and dirty. Because I wanted it and someone was asking too.  Way too much work. I think I'll make one from scratch at 60k Edit: Dammit. I just realized I'm still short another 0. Hang on |
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