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2701  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2020, 09:05:00 PM
Let's peek into complex system theory a bit.
One rule of (handling) complexity says: "Simple answers to complex questions, as well as simple solutions for complex problems, are generally wrong / going to fail".

Nuff said.

I have found Occam's razor a pretty effective tool to cut though "complex bullshit" problems. Your mileage may vary.

Regarding bitcoin people are talking doom here. Did it crash to like 800 again? (checks) No still stuck in the doldrums of 27,000.....

I disagree. A simple misunderstanding (through under-communication by myself) could be the key.
Occam's razor is about choosing theories/hypotheses over another by using reduction.

For example, the question "why don't people just move...?" isn't going to be fully answered by applying the most simple hypothesis Wink
Here, under knowledge about as many complex relations of the problem as possible, the most detailed answer would meet the needs.
If i didn't misunderstand.

EDIT: Forgot to mention that i feel definitely more relaxed since corn is correcting  Grin
2702  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2020, 07:25:49 PM
Moving is complicated. A big problem is you may have family/friends/whatnot at the old place who you can fall back on if things go weird short-term. Move to a new place and that's not there. So the lack of any kind of a safety net (social or financial) keeps people from just being able to "move".

That's totally not counting the xenophobic nature of people to reject anyone new in their community.
TL;DR Arrie the xenophobe says Africans are stupid for living where they live. Should they move to cooler climates, they're sure to find friendly landmines to welcome them.

Let's peek into complex system theory a bit.
One rule of (handling) complexity says: "Simple answers to complex questions, as well as simple solutions for complex problems, are generally wrong / going to fail".

Nuff said.

If anybody continues joking about AIX (RS6000's), i'm gonna post about AS400's or S/390's Tongue
Fun fact: When travelling from an AIX based course at the IBM technology center in Montpellier, my car broke down in Aix de Provence.
2703  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2020, 05:41:55 PM
Sun and (IBM) AIX

Sun, AIX... we're talking archaeology!  Grin

Indeed. Banks run stoneage hardware (and systems). Most of the customers of the company i came in touch with Unixes and built-like-a-tank servers were banks.
Quite big ones, but Europe only.

EDIT: I guess nowadays they go with virtual machines.

<snip>

If the damn things weren't so fucking LOUD. At least IBM xSeries delivered some realtively quiet rack servers, but all the HP, Sun and (IBM) AIX server hardware i've put my hands on so far were screaming loud.

If you think an HP server is loud, try any modern ASIC miner.  Grin

We heat one of our storage rooms with an L3+ and since then all our servers seem to run completely silent to me. Some people say my hearing is impaired, but I don't hear that very often.

These are made for crunching numbers 24/7. A different area, cooling wise. I've seen some videos where i could hear them miners, and i think any conventional server without a dozen of harddrives (not running at full load) would sound relatively quiet to me in comparison.
I'd cool them miners with water, or even let em run in a "bath of oil" if too many. Perfectly silent, only power supplies running in oil would need some kind of pump to distribute the heat a little better.
Air cooling outside of air conditioned rooms would be less effective, especially in summer.
2704  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2020, 04:36:58 PM
I got one DS409+ and i only plug it in and switch it on when i need it (fifty times a year or so), to free up space on my work ssd(s), get old movies etc.
I bought it without disks, and because i knew how unreliable these are, i added four WD green 2TB hdds to the cart.
Two are used for mirroring, one as spare drive if one of the mirrors goes bad, one for backup of the NAS in case it breaks.
Most important, i reconfigured the hdd bios to disable power saving, which is parking the disk heads too often (after 5 secs was the default, iircc), and this puts so much stress on the drive that it would die in any NAS before even reaching end of warranty. Well, my data doesn't care about warranty.
To date, and the unit is about 17 years old now, i had no failures at all.
 
It would not be too hard to mirror drives and let them be read separately by mounting them into a PC, technically, but most every manufacturer is working with filesystems that are only readable when all drives and the data are intact. There were some controllers back then, i don't remember the name at all.
This would save a lot of trouble.

Pro Tip: Keep all (!) the hardware redundant.


Yeah, server hardware is the way to go... HP is my choice too... many say HP is crap nowadays but they obviously haven't dealt with DELL, IBM, Supermicro and other brands. HP surely offers some weird solutions, some things don't work out of the box, sometimes buggy software, some driver/compatibility and update issues now and then but in general still way better than competitors.  Cool 

If the damn things weren't so fucking LOUD. At least IBM xSeries delivered some realtively quiet rack servers, but all the HP, Sun and (IBM) AIX server hardware i've put my hands on so far were screaming loud.
2705  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2020, 04:19:53 PM
Damn I would which I could work a bit better with computers

Youtube Academy  Wink
Always worth a visit  Cool
2706  Economy / Speculation / Re: Heartbeat Bitcointalk on: December 28, 2020, 11:46:30 PM
Certainly not word count. JJG's score would be too high to fit on one line below his hat  Cheesy

Believe it's based on post count in this thread.

But the numbers can't be number of WO Posts. Maybe number of merits send to WO posts, or something in combination with the post count, possibly even more factors playing a role in computation of the values?

I can't go to sleep now, i want to see if China is going to breach this triangle...
cryptowat.ch has me

2707  Economy / Speculation / Re: Heartbeat Bitcointalk on: December 28, 2020, 11:27:15 PM
This is very pretty.  What was the ranking criteria?

Certainly not word count. JJG's score would be too high to fit on one line below his hat  Cheesy

Quote
life is serious enough, so don't be unless the situation demands it

#haveagoodnightyall
2708  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2020, 11:22:10 PM

Thanks  Smiley
Interestingly, "Tyler Durden" was one of my very old nicknames i used somewhere else.
2709  Economy / Reputation / Re: Goodbye, world! on: December 28, 2020, 11:13:22 PM
To become a real Legend, one has to die.
2710  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2020, 10:44:00 PM

real news, certainly not for everyone:

Quote
This article is so good,
it's for premium members only.

I'm a frequent reader of this thread yet a first time poster. Just wanted to tell you guys - you are fucking awesome. This is by far the funniest and at the same time most interesting thread of this forum.

Baby steps.. I'll try and participate more, keep on keeping on while I do Smiley

Each post to the WO thread is like a heartbeat* of this forum, imo.

EDIT: I got some more of such comparisons. You can look at the same thing in many different ways  Grin

EDIT2: * just recognized the title of icopress' post
is "Re: Heartbeat bitcointalk". I may have picked that up unconsciously before writing my reply to Hhampuz' salute to WO.
2711  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2020, 08:06:03 PM


The rollercoaster bitcoin holds on to the helicopter rails. Could have worked that lil detail out a little better, though.

EDIT: Oh, and the chart is not current as well  Roll Eyes
2712  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2020, 07:22:47 PM
Bears are stinky, disgusting, and infested with vermin.



These look more like monkeys to me  Grin Tongue

How about this well known dude?

2713  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2020, 05:35:53 PM
Watching the hot price action from a cold place:



The place where I am now is almost overlook Hotel: no one can arrive, no one can leave.


And i got that adriatic present at noon CET.
Six hours later, i finally threw the shovel and stopped getting the snow away, because there is no more room left to get it to  Roll Eyes
The weather report said 10-40cm, now we look at a respectable 70cm wall of snowflakes in our gateway, and we're by far the more lucky area than in the southern alps.
The flakes are light and dry, lying on frozen, slippery snow. This means avalanches!  Undecided
I'd be glad if we make it until thursday without a power outage...

Haven't had the time to watch the price action, but i appreciate the pullback, which is calming me down.
My wife is deciding if she will terminate her life insurance and put some kilodollars into bitcoin, so i'd be thankful for a little sidewinder action until the end of january.

7 day Twitter timeout for trolling Mark Cuban just fundamentally not getting Bitcoin. Suppose I should check out gab.ai.

Imagine being Mark Cuban, and having your feefees hurt by some Bitcoin nerd.



Dude, you had to use the "d"-word, didn't you?  Roll Eyes  Cheesy
2714  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 08:38:12 PM
my sunday haiku
bitcoin on a steady rise
thanks to low supply

checked WO
we have reached page parity
so what? this is fine!

el_dude gave away
bitcoin for a game to play
such good guys are rare

#thatsithaiku
2715  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 02:07:40 PM
Very busy this morning loading up for a 2,000 mile work drive and spending my morning time on snuggles rather than reading..

Saw the price about 2 hours ago and WOW!! Didn’t expect to wake up to that..
Congrats guys.. It’s happening!!

Not scared.. This is just the beginnings of pumpening and this little pullback is just part of the game..

I guess it's really the supply of new and moving coins. Consider the next halving (!), not to speak of the next one after (!!).
I will be calm as fuck by that time then.
Retrospectively, i pinned down the source of my uncertainty, and it's the Q4 of 2017. Titter influencers constantly writing about $50k+ tops in Q1/2018, when the price already charted a nice parabola, followed by the setback/"crash" that led the 2018 bear market. The experience of this made me less optimistic on bull runs, but those were different fundamentals back then, including my noobness to the market, when i also did some trading back then (right into the bear's hands, of course).
Like JJG said, more often than once...

Quote from: JJG
This time it's different

And it is  Grin

This is the end of 2016 compared to what you remember about 2017 and 2018..
4 years.. 2017 is 2021, 2018 is 2022..
Expect the repeat of the 2017 ups in 2021 and the 2018 downs in 2022..

Exactly. 2021 is where the real fun will be going off  Cool
2716  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 01:57:21 PM
Very busy this morning loading up for a 2,000 mile work drive and spending my morning time on snuggles rather than reading..

Saw the price about 2 hours ago and WOW!! Didn’t expect to wake up to that..
Congrats guys.. It’s happening!!

Not scared.. This is just the beginnings of pumpening and this little pullback is just part of the game..

I guess it's really the supply of new and moving coins. Consider the next halving (!), not to speak of the next one after (!!).
I will be calm as fuck by that time then.
Retrospectively, i pinned down the source of my uncertainty, and it's the Q4 of 2017. Titter influencers constantly writing about $50k+ tops in Q1/2018, when the price already charted a nice parabola, followed by the setback/"crash" that led the 2018 bear market. The experience of this made me less optimistic on bull runs, but those were different fundamentals back then, including my noobness to the market, when i also did some trading back then (right into the bear's hands, of course).
Like JJG said, more often than once...

Quote from: JJG
This time it's different

And it is  Grin
2717  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 01:46:22 PM
$28224...
ok, i'm a bit scared and cant fully enjoy the ride..

take it easy, BTC

Me too. Only a little, though.
It's our small stashs and we're relatively new to BTC, i guess. (one cycle)

Bears still trying..

Thanks for chilling some indicators. They were going over the roof. We dont need a blow off top.

Nope. I'd expect a significant short term pullback (15%+) after going parabolic, but we were not really close yet.
2718  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2020, 09:32:51 PM
Only 120+ pages behind. Did I miss something?
I mean apart from the rekt bearz.

Plus dat choo choo ting. Cool

You are getting closer to the moment when you’ll be able to buy Greece.

But don't you also buy the debt of greece then?
2719  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2020, 09:26:41 PM
Still HODL everyone?  Cool
* OutOfMemory does  Cool
2720  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2020, 09:18:23 PM
Today it's fascinating and scary at once.
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