Hoping to cast a little irrational positivity in the midst of all this Fourth Turning madness. Higher low? Maybe? It would be a GREAT time to run this while everyone is morose and convinced of the end of the world etc...  |
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Ukraine soldiers leaving for war and most of them will never return.   You figured it out. He has eyebrows like the other guy and because he is wearing a glove that must be him.  You are forgetting something, the Azov Battalion are proud Nazis, and happily show that, mainstream media keeps trying to cover that up, but the ice is getting thin. Azov Battalion is on Facebook.  https://en.wikipedia.org/wiki/Azov_BattalionWhenever you see this insignia/logo from mainstream media coverage of Ukrainian soldiers, you know who it is. EDIT: Do you remember this story? The 78-year-old Ukrainian grandmother preparing for a Russian invasionhttps://www.bbc.com/news/av/world-europe-60374655In the very beginning of the clip, look for the insignia on the arm of the instructor.  Oh great. We seem to have our own in house Russian propagandist. |
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I have the above braindead asshole muted.
I respect ALL of your rights to interact with him as you will. But if you are on the fence about it, I respectfully ask you not quote that idiot. Thank you. Roach might have made more sense.
My bad, must be too wound up on the news to pick up on trolling. It's OK. I actually like to respect the freedom of people to interact how they will. But that nugget. Good grief. I have the above braindead asshole muted.
I respect ALL of your rights to interact with him as you will. But if you are on the fence about it, I respectfully ask you not quote that idiot. Thank you. Roach might have made more sense.
By far the most bat shit crazy individual I have seen on online forums ever. Even more than that nullius dude? He was one screwed up individual. I suspect he's in some form of asylum now. Oh, I'd forgot about him. Much more loquacious and intense... Annoying, and crazy, but I think forest-nugget gives a good run. |
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Price musings as of 2/21/22 --cut blahblahblah--  I talked about how we get these sorts of capitulation bottoms in a downswing and I see one possibly on the way here. I know thin TA is currently pissing people off here, and I will gladly quit posting this if enough people ask me to... no problem. I have never thought I was good at drawing lines (or ovals) on charts. But I have been watching bitcoin for 20% of my life. Plus this is much more fundamental analysis, really. But this might be the moment I was speaking of in the above post. The sort of thing that happens like 3/12/20ish etc. AKA a rare buying opportunity. Now, THIS event, might have legs? Maybe this is not the absolute moment. And yes... maybe this is a dead cat bounce on the way down much further. Another sort of caveat: We may also see some very negative actions specifically against Bitcoin on the way. Maybe Russia starts using it as they continue doing thing the west is publicly hating on. The assholes that run the current system might see a chance to try to kill bitcoin. To hit it while it is down. Could happen. All that to say... there could be more where this came from. But Bitcoin rises from this too. And this MIGHT be the day to buy a little. Speaking for myself. Just a blip to say "so far so good!" |
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I have the above braindead asshole muted.
I respect ALL of your rights to interact with him as you will. But if you are on the fence about it, I respectfully ask you not quote that idiot. Thank you. Roach might have made more sense.
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I guess we might as well make the popcorn and watch the show. Everyone is a liar. We are surrounded by communists and nazis. And there will be ALL KINDS of fireworks...  |
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Just for the clarity... that's a 1696 SAT fee expressed in millisats. Hefty, yes... But maybe still cheaper than the blockchain currently?
It costs me <~400 sats to open a channel? Yeah... if that's the case then your killin it. That was a whopper of a transaction. And they say lightning is just for coffee? Twas a 1.3k coffee... |
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#LNMETA Lulz. I mean... these fees   Just for the clarity... that's a 1696 SAT fee expressed in millisats. Hefty, yes... But maybe still cheaper than the blockchain currently? |
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...Looks like Trudeau revoked the "emergency powers"...
I just read through half a dozen pages of WW3 angst without seeing any mention of the ending of the emergency powers until your post. I guess whining about them is more fun than celebrating the end of them. Meanwhile, Bitcoin is soaring. I am thankful the reality of the senate rejecting them brought him to save face. There is still some hope. |
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Well, I mean... we do have the clueless normies running around thinking that SARS-Cov2 was a Chinese created virus just because...it came from the Wuhan Bio Lab in China. 🤷 🤦  Right, when where it really came from is a supra-national cabal that has infected just about all the governments of the world. But don't count China out. They are the model, inspiration, and most likely ultimate power behind the war we are in. |
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So they are playing dealers choice with who one likes to hate... Want China to be the baddy? Fine. Russia? Fine. Prefer to hate on the US? Here's proof. Ultimately it's all China, though. In reality. All of the western (and non western) governments have been infiltrated. It is not exactly the US releasing pathogens, though this narrative will work well to ignite people who hate the US. What is happening is the captured part of the US did this. WITH China... And maybe Russia. But they also want us to be pointing our fingers everywhere but where they belong. For the US I believe there are leaders who are not involved with this stuff, and are swiftly waking up. And then there is the people involved, who were somewhat de-masked during the Trump administration. We are well into the fog of war now. Very deep. And it's gonna get a lot worse, I am afraid. |
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Big day for the gold bugs.
And very possibly one of the last times Bitcoin dresses up like a tech stock.
In fact this might be the ultimate catalyst for Bitcoin.
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Price musings as of 2/21/22 --cut blahblahblah-- I talked about how we get these sorts of capitulation bottoms in a downswing and I see one possibly on the way here. I know thin TA is currently pissing people off here, and I will gladly quit posting this if enough people ask me to... no problem. I have never thought I was good at drawing lines (or ovals) on charts. But I have been watching bitcoin for 20% of my life. Plus this is much more fundamental analysis, really. But this might be the moment I was speaking of in the above post. The sort of thing that happens like 3/12/20ish etc. AKA a rare buying opportunity. Now, THIS event, might have legs? Maybe this is not the absolute moment. And yes... maybe this is a dead cat bounce on the way down much further. Another sort of caveat: We may also see some very negative actions specifically against Bitcoin on the way. Maybe Russia starts using it as they continue doing thing the west is publicly hating on. The assholes that run the current system might see a chance to try to kill bitcoin. To hit it while it is down. Could happen. All that to say... there could be more where this came from. But Bitcoin rises from this too. And this MIGHT be the day to buy a little. Speaking for myself. |
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Great to have you back to the lightning network again btw!
I sincerely apologize for "dumping" the state of my node and needing a soft reset for a little bit. Life is has become a little bit more complex for me lately, and the way I had set the node up previously was really too much for me to handle. JJG and many of you would likely call this "Bob drama", and that's another discussion... all I can say is sorry for being a little bit overly emotional in my actions at times. It's not something I am proud of, and something I am seeking to improve upon in meat space - trying to prevent myself from becoming overloaded and "blowing up" for lack of a better term. Being stuck in this stupid meat-husk is retarded. I figure my "big boi" strategy will be much more manageable, with the way I have set my default 1000/250 connection fees to prevent parasitism. Then recognized it's not so much about balance, as it is finding "something" to manage the fees - leading me to discover the "charge-lnd" script. Back to it... with hopefully much less stress now. Throbbing Sausage!.. I like it! Did you know there was another Throbbing Sausage about 2 years ago, was that your one as well? Also, are you generating any inbound liquidity? Did you need any inbound? You were not the only one to notice that.  |
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#LNMETA
charge-lnd appears to be the script I need to learn how to master, and set as a cron job to adjust the state of my node fees dynamically, based on activity.
It's not clear to me how to configure it within the lnshell Umbrel docker instance, but will be tinkering with that next, as I've recognized it's the next thing big bois are gonna need to do.
I have been playing around with charge-lnd during the weekend. This is how my very simple config file looks like (so far) # Default settings - Proportionally set the fees from 10 to 120 ppm.
[default]
strategy = proportional
min_htlc_msat = 100
max_htlc_msat_ratio = 0.99
base_fee_msat = 0
min_fee_ppm = 10
max_fee_ppm = 120
min_fee_ppm_delta = 5
time_lock_delta = 40
# Friends - zero fees
[friends]
node.id = 02a0bcc2b99673587d4a92028a2b2ce709b72c904962e2f783fd480c2c41e3dc7d,
03746b93e0b94463624bb28eafa38f3d71b4c80df61a0f10c6340b54f56675487c
strategy = static
max_htlc_msat_ratio = 0.99
base_fee_msat = 0
fee_ppm = 0
# Liquidity sink channels - Proportionally set the fees from 100 to 500 ppm if it
# has more than 6% or more liquidity.
[liquidity_sink_channels]
node.id = 037659a0ac8eb3b8d0a720114efc861d3a940382dcfa1403746b4f8f6b2e8810ba,
033d8656219478701227199cbd6f670335c8d408a92ae88b962c49d4dc0e83e025
chan.min_ratio = 0.06
strategy = proportional
min_htlc_msat = 100
max_htlc_msat_ratio = 0.99
base_fee_msat = 0
min_fee_ppm = 100
max_fee_ppm = 500
min_fee_ppm_delta = 5
time_lock_delta = 40
# Low balance - Set fees to 2000ppm when a channel has 5% or less
# liquidity and limit HTLC to 10k sats
[low_balance_channels]
chan.max_ratio = 0.05
strategy = static
base_fee_msat = 0
max_htlc_msat = 10000
fee_ppm = 2000
The config file is evaluated sequentially, so after a match, the next channel will be re-evaluated from the top again. For more examples how to edit your config file, see https://github.com/accumulator/charge-lnd/tree/master/examples. I found the complex-ruleset.config example particularity helpful. I haven't managed to set up a cron job within the lnshell app, but here is a guide how to do it from the umbrel server https://community.getumbrel.com/t/guide-installing-charge-lnd-in-a-docker-to-automate-your-fee-policies/2187 Great to have you back to the lightning network again btw! I seriously look forward to hearing updates on how this thing performs. i *LOVE* this approach, and have been trying to do it myself, but with even a fairly small 45 channels it's a real pain. I *DO* think the solution to the channel balance "problem" lies in this strategy as well as pathfinding as that starts to get better. But I figure this system might not work super well until the logic behind it gets quite a bit more fleshed out. Hopefully that is wrong! |
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Russia's new Bitcoin bill has some hard restrictions. I expect the WEF based "crypto" push to work along these same lines really, as they try to shift us to their environmentally compatible social justice equity coin. But they will have to deal with Bitcoin, so the first clumsy attempts to cut the balls off it will look like this.  |
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There will be some of you that understand what I am talking about here, and others who will write me off as a "qanon" type. IDGAF.
He's a controlled op. Absolute bad actor. I am still mixed on this. I am not sure. But it could be. I am not mixed on whether or not he is an asset. Just what side he is on. Why do you guys think he's an "anything" other than just another Bitcoin enthusiast that likes to wax on prolifically about POW? From what I've read on his twitter stream, his posts are no more inciteful or knowledgeable than any other. IDGI He is in Space Force ROTC or something.  He has gotten the attention of an awful lot of folks, first via linked in, then via twitter. He may just be a kid who knows how to do engagement. But if he did not start out as a psyop asset, then he has positioned himself to BE one and I expect eventually he will probably be used that way along with Rogan, and Robert Malone and all the other mouthpieces being used to move the sheeple around the narratives. Simply because he has a big audience. The question is which side is he on? Same question for all of them really. My theory is the US government is split in half (much like Canada's). There is a large portion of it that is aligned with the whole WEF movement. And, I believe, there is a portion of the government that knows what is going on. Understands exactly what is happening in Canada, NZ, etc and is aware of the plans for here. Including the current plans. We have shifted from the virus to other things now. This is narrative part two:  And lockdowns because of climate are coming soon. At this moment the water all us frogs are swimming in has heated up to the point where a SIGNIFICANT PORTION of the west really believes that little screenshot. Is busy watching the magicians hand over in Ukraine while they perform a coup one country away from us. And the plan has that same action happening here. Mark my words. Robert Malone may have been used to start the shift... or perhaps he was a countermeasure by the good guys. I do not know. My hope is there even IS a good guys out there, and that they are actually DOING something. If there are I think it could be possible that little guy is working with them... OR against them. But that is why I asked. When you play poker it can help to get information out of your opponent. It can help to see which version of the story they are trying to tell is the real one. I am hopeful. I think Bitcoin is going to play a huge role in where the world goes next. And I think the narratives are going to get even thicker than they are now. I plan to keep an eye on this guy. Because if he is not being used to cast narratives now? He will be poised to do so in the future. Then again maybe he's just a random twitter doofus. |
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There will be some of you that understand what I am talking about here, and others who will write me off as a "qanon" type. IDGAF.
He's a controlled op. Absolute bad actor. I am still mixed on this. I am not sure. But it could be. I am not mixed on whether or not he is an asset. Just what side he is on. |
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If this guy isn't a cosplayer then this might be one of the most positive things I have seen in quite some time as far as I am concerned. It's a little off topic WO style, but at the same time this guy is a huge bitcoinner, and most likely an intel asset aimed specifically at the "toxic bitcoinners" on twitter. But if there IS a good team in what's left of the compromised US government this guy would be on it. There will be some of you that understand what I am talking about here, and others who will write me off as a "qanon" type. IDGAF.  |
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Self-custodial wallets?
Simply generate your addresses off-line and avoid online exchanges.
No need for "wallets".
When I first started using Bitcoin there were MANY MANY things I did not understand and things took years to really become clear to me. But the thing I understood perfectly from the beginning was the importance and value of self custody. I was playing poker on shady sites that could fold up at the drop of a hat. So I understood that when I deposited my money that it was at risk until I withdrew it. So, naturally I only ever deposited what I intended to play with, and on good days I would still have something left to withdraw when I was ready to hit the sack. In recent years I began to realize that would not be done by the masses. They will be more comfortable with the custodial relationship with a bank. I have spend a silly amount of time trying to understand what that might mean for Bitcoin, in adoption as well as as an attack vector on the network. I am still working it out. But things are becoming more interesting quickly. I did not foresee the world moving in a way that would FORCE the masses into understanding that self-custody issue that I was taught by a grey hat poker site. I find this topic more interesting now than ever before. Surely, you are describing the crux of the issue from your perspective, and even implying that the longer that someone is in bitcoin the more likely s/he will begin to more unambiguously value the powers of holding his/her own keys - while at the same time, maybe there are aspects of the 80/20 rule that still apply that cause a decent number of people to remain lazy, not really understand what they are investing into (if they do choose to invest into bitcoin) and therefore do not exercise the power of the asset that they are holding, bitcoin in this case. There has always been a cohort of bitcoiners preaching the value of self-custody, but at the same time, recognizing some utility to keep some of your value with third-parties for a variety of reasons. Sure, it could take a while to play out in a way in which people become way more stingy with how many coins that they are going to allow third-parties to hold.. and surely confidence in third-parties could drop further, if it is overall discovered that they are fucking around too much with the BTC supply - so they become a victim of their own sloppy past practices of fractional reserves and even trying to manipulate the BTC price (nakedly) without exposing themselves to the asset. The seemingly heavy-handed draconian Canadian measures does facilitate more concrete learnings for people about the value of self-custody, but it is not going to stop people from engaging in such practices of leaving some or maybe even all of their coins with third parties --- but those third-parties are going to have to continue to keep selling folks to think in those traditional ways.. and I just do not have faith that they are really going to keep up such deception without ongoingly attempting to provide actual value rather than smoke and mirror values.. and people can likely relate to the fact that they do not want to get their value frozen or taken from them.. so it is a pretty concrete learning point, even though people also do tend to have herd mentality practices too.. that can be taken advantage of.. but just like Gresham's law.. many know about Gresham's law without really being taught about it.. but sometimes it can still take some time to put those principles into practices.. such as keeping a side holding of BTC (exposure) but then realizing that they want more than just exposure (and that is where the power of self-custody intuitively falls into place). What do you do when you come across the introduction of a newbie into the bitcoin space? Many of us already know that newbies have tendencies to get mislead into some bad practices such as gambling or the temptations to get rich quick.. so we know that there is a lot of misinformation out there that is waiting to prey upon their inclinations and reservations to get into investing into BTC as an asset. I am not even saying that everyone has to make the same mistakes that many of us have made along the way.. because there are always some people who catch on way faster than others, once they get the spark. We also know that there is a phenomenon in bitcoin that some of the smart people end up being too smart for their own good, so sometimes it can take a bit of experience before they "get it". I am pretty sure that I have way less than a 5% success rate in terms of convincing people to get into bitcoin, and my level of trying surely does seem to vary.. even though so frequently, i suggest for the newbie just to get started by getting off zero.. so initially I had been recommending 1% to 10% allocation into bitcoin, even though these days I am describing that newbie entry-level as a 1% to 25% allocation.. but the message remains somewhat the same.. get the fuck off zero.. and some of the aspects of investing into bitcoin should start to make more sense.. but even those kinds of recommendation does not stop so many of the newbies to get distracted into shitcoins, even though you tell them.. don't get distracted into shitcoins.. they do anyhow, largely.. and overwhelmingly. Another thing that I like to suggest is for the newbie to learn as they go and to take responsibility for their own actions, and i have no problem with third party custody in those very early days of "just getting started."... so in that regard, I will suggest that the newbie figures out their initial investment threshold in which they might buy some kind of third party wallet or figure out ways to engage in self custody.. Maybe somewhere between $1k and $10k.. and sometimes if they might start out by investing whimpily at $10 per week or graduate up to a bit more aggressive at $100 per week, there might be a period in which the value is not really getting close to their threshold.. but they might have to keep in mind that the value could go shooting up too.. so it is no necessarily a bad thing for them to continue to study in to bitcoin while they are DCA'ing into bitcoin. I agree people are lazy.. and I am partly banking on the fact that as their value goes up, they might get around to figuring out ways to hold their value themselves.. does not always work... so I don't know. Even some of us guys who are more adventurous in moving around our coins.. we ONLY have so many different types of wallets/storage mechanisms that we have practiced with. Yes. My own attempts to help people understand the unique value prop of Bitcoin that we, here in the bitcoin choir, understand so well has gone about as well as yours. It is not so much that people are just lazy. That is there for sure. They are also anesthetized and lulled into a sleep by the powers the be that spoon feed them the pablum of the current system while drugging them to make even more money off them along the way. It's amazing. I helped a buddy mint an NFT this weekend. I've been bothering him about Bitcoin for over 5 years. I don't think it ever really connected. I dunno. Maybe he bought a little along the way. Now I just say something like this to folks that ask, only: "Bitcoin will either continue to work, and be successful, or it will fail, or be replaced. So it's still a binary bet. If it DOES succeed it will do at least another 10x, and probably much more. So it's crazy to not put at least a small percentage of your savings in it in case it DOES keep working." That's pretty much the whole pitch. And they glaze over every time... Alright crazy Bitcoin man, whatever you say. |
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