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1681  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 06:42:26 AM
On another note, I am waiting on 3 new 1TB SSD drives and a dedicated UPS. Will be running them in RAID 1 with one spare, not much progress for now. box setup will be i5 (8th Gen) and 16GB RAM

cAPSLOCK, did you have your bitcoind running on the same box as lnd or they are separate?

I am planning on running this on Linux not Windows. I haven't had a full time linux box in the house since Slackware 13.37.... hmm just notice Slackware last major release was 2016...


Real servers run real UNIX (or Linux).
I would reconsider the SSD and use spinning discs. SSD's are shitty when it comes to data recovery and "disk crashes". i would also change the drive firmware to less frequent head parking values, to minimize wear on the drives. Lately, espicially since introduction of "green drives", manufacturers try to save power by parking heads in much shorter intervals.

jBreher would know a lot more about that, iirc.

three SSDs in raid 1 with a hot spare.. seems pretty solid setup to me but im no expert.

as far as data recovery with lightning wouldnt that be useless anyway? as by the time you could recover the lightning data the channel would be closed on the other end anyway. wouldnt it? not too familiar with lightning.

Fair point, don't know it either Smiley
If your raid controller fails, it's hard to get data off a single mirrored drive with most manufacturers, and software raids, too. (Ask Bob*)
I only know of one brand (Promise) where one was able to just mount and read a single mirrored disc on any IDE controller. That was in the 90s, though.
I'd run the system on single ssd, because if it breaks, i'd just mount a periodically updated shadow volume copy.

Question: If you have an older version of the blockchain, would the blockchain file be synched when the node joins the network, or will it be downloaded again?
Question2: Doesn't a Lighning node need a local copy of the chain, too?

* Speaking of Bob, i hope he's doing well with the fucking virus.
Any news since before the weekend i might  have missed on his health condition?
1682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2021, 10:30:51 PM
20 million sats of lightning channels opened to IBEX and OpenNode.com today to support El Salvador.

I'm not buying the dip.  I am building the future.

Will be adding to that in the next few days. Starting my own lnd node.

We should create a WO LN Channels. Create a WO web of LN Channels

That's a GREAT idea!  If each new "member" of the club just opens a channel to the last member we could make a big ring of liquidity.  Particularly if we set WO channels to zero fees.

This site sort of is based on a micro version of that idea, and I find it to be an interesting strategy.  I joined a few of the "swaps" here:

https://lightningnetwork.plus/swaps

We should create a Hub and Spoke Channel, this way there is some redundancy in the event a node with in the WO web is unreachable.

I was thinking 4 channels to other WO LN members and 3 channels external... this will give you at the magical 7 degrees of separation.

On another note, I am waiting on 3 new 1TB SSD drives and a dedicated UPS. Will be running them in RAID 1 with one spare, not much progress for now. box setup will be i5 (8th Gen) and 16GB RAM

cAPSLOCK, did you have your bitcoind running on the same box as lnd or they are separate?

I am planning on running this on Linux not Windows. I haven't had a full time linux box in the house since Slackware 13.37.... hmm just notice Slackware last major release was 2016...


Real servers run real UNIX (or Linux).
I would reconsider the SSD and use spinning discs. SSD's are shitty when it comes to data recovery and "disk crashes". i would also change the drive firmware to less frequent head parking values, to minimize wear on the drives. Lately, espicially since introduction of "green drives", manufacturers try to save power by parking heads in much shorter intervals.

jBreher would know a lot more about that, iirc.
1683  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2021, 10:15:27 PM
Q: can @jjg get moar stupenings per sq meter of the posting space?
A: yes, he/she can

Someone is consumed by emotions..unable to recognize a simple fact that bitcoin returns THIS year suck big time, but it might change starting in October.
Dominance decline (with no reversal) surely indicates a multi polar world where bitcoin is just one big actor.
As long as bitcoin stays above 50%, there is always a chance that other projects functionality would be folded into bitcoin.
At 40%-still a small chance, at 35% almost no chance and at 30%-no chance.

It is what it is, and I still have much more than 40.7% allocated to bitcoin (more like slightly below 60%) so you can call me "overweight" in bitcoin, but I am not going to sit idly twisting my thumbs and doing retarded sell outs-sell ins (in and out of fiat) which some people here are proposing.
In fact, @jjg probably cost many millions in lost opportunity to those who listened to his/her diatribes in the last 9-10 mo or so.

If all alts suddenly collapse, that would be even better still since the majority of my cryptocurrencies (or maybe you like to call them "virtual currencies", lol) are in bitcoin and my cost in btc and alts (aka "shitcoins") is now below ZERO. I am playing essentially with the house money....for the win.


Honestly, ETH (#2 of the market) constantly loses against BTC since its last major ETHBTC pump. Sure, while there are other, younger smaller capped shitcoins as well that take up a fair amount of the market. However, i think this is just noise, and ultimately many shitcoiners aim to get more BTC, some more are just bagholders with also some of their wealth already in BTC.
Now, when is the best time to sell for shitcoin traders? When BTC is well below it's peak price target, compared to future cycle ATH (let's assume our favorite twitter analyst calls $180k, fpr example). When BTC starts going parabolic again, many traders know they will most probably lose money against BTC, so the selling starts on spot, which lets BTC price go up moar, Along the way, a good part of the shitcoin bagholders also sell, in face of their shitcoin's value decreasing, against BTC and even more against USD.
What about the shitcoin holders aka "diamond hands"? Well, sorry, maybe your $SALONA will go up next time after Bitcoin's ATH. Maybe you should have sold and hodl king daddy instead..  Cheesy

1684  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2021, 10:34:05 PM
$43k somehow seems attractive. Why?
1685  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2021, 10:16:36 PM
Newbie trader in bitcoin 



A bit of an exaggeration, no?

It's fake anyway. No power cord plugged in.
1686  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2021, 05:56:03 PM
Making BTC as legal tender = Basicaly a president trying to Manipulate the Price Point into his Favor 😂. PRESIDENTIAL FUCKERY

El Salvadorians : Get that shit out of our Country 😂😂😂

Really? So what are u doing here? Why do you beg in BTC? Just write you need $150k urgently as simple as that. GTFO!  Grin

That is why the price dumped so hard the exact same day..
By showing any government can swing the price on a whim for their own plan of manipulation.
Pure fuckery indeed.

That's exactly what the "manipulators" want nocoiners and dumb peeps to think.
Turns out, it works (in your and eXPH's case at least).
1687  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2021, 10:15:06 AM

Legit point, DF.
Not because every Nike shoe i put on my feet starts to stink after a short while. Even Nike Skateboarding models, of which i got a pair since three years now. Not that they are so durable, but i use em only to mow the lawn. Skating in them makes me wanna put them outside in the sunlight for two weeks   Angry

Same thing happens to me - 3weeks and the shoes are outside the back door . Only trainers I can wear are Adidas or ASICS- give them a try  Smiley

No worries, i'm a Skater. I wear Etnies and E's since decades... I like Cupsoles and the Nike SB was a single attempt to try a shoe with a vulcanized sole again, mainly because of better board feel but also with sufficient shock absorbance through their superb insoles.
Asics are too wide for my foot, as are Vans. Maybe i try Adidas in the near future just to not leave em out. I wore Adidas shoes in 1988 last time.

Seems like "the market" still wants to suppress Bitcoin's price climb, eh?

I like DC hightops..
Not a great skater, but likely top 10% for my age easily..


I had a longer break of boarding because of working my ass off, but i always kept skating in my mind, whenever i saw a sweet street spot or park. Then i got sick, exhausted and also developed balance problems. After the fatigue was almost gone, i started skating again to improve my balance. I resumed doing flatground tricks  as a logical consequence, then slided and grinded small ledges and taught skateboarding to my kids. I just stayed at this level. No more big jumps, deep drops or flips down stairs for me, sometimes i do only the most basic of lip tricks in concrete parks, but i have to have the horizon in my view or i lose balance and that means slamming most of the time. As soon as of October-November my knees and ankles start to hurt too much from ollieing, so it's winter break for me.
Sk8 or die  Grin
1688  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2021, 10:37:27 PM
Seems like "the market" still wants to suppress Bitcoin's price climb, eh?

None of this seems unusual to me...

Yeah sure we had some downward opportunistic inclinations, but what the hell do you expect after a 85% price increas in about 6 weeks or so and really nothing greater than a 12% price correction during that time, so the mere fact that we have a 19% price correction, so far and a bouncing around in around a 11% to 15% correction arena does not seem unusual at all, even if you might be trying to assign some kinds of conspiracy/manipulation events/actions to it, and even that some other twats might be making similar kinds of lame claims..  


I am pretty convinced that derivatives hinder growth. I don't know how much, but since CME/CBOE things run different. Still, older factors have been removed, some are hovering (MtGox)...
What i know is that simple answers to questions about complex systems are mostly always wrong. So much for the conspiracy theories.

EDIT: And leverage. Did i mention leverage, yet? no?
1689  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2021, 08:21:23 PM
Unfortunately it's incorrect: you can't send on-chain Bitcoin for $0.01, $0.05 is the minimum on-chain.

Is Western Union seriously advertising to send only $50 (or less) for a whopping $5 fee? That's quite a lot, who's so desperate for a few bucks they're willing to pay 10% or more on a small amount?

Many people that work in the US from Latin America send a portion of their paycheck home every week to support their family there.
And yes they are that desperate because if they don't then their children literally starve.

Western Union has always gouged these people as they are the unbanked.

If all goes well, we all are "the unbanked", hopefully rather soon.
I wish i could ask my grandchildren in the future: "did your parents ever tell you about these 'banks' we got rid of in the 30s?"  Cool
1690  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2021, 07:26:00 PM

Legit point, DF.
Not because every Nike shoe i put on my feet starts to stink after a short while. Even Nike Skateboarding models, of which i got a pair since three years now. Not that they are so durable, but i use em only to mow the lawn. Skating in them makes me wanna put them outside in the sunlight for two weeks   Angry

Same thing happens to me - 3weeks and the shoes are outside the back door . Only trainers I can wear are Adidas or ASICS- give them a try  Smiley

No worries, i'm a Skater. I wear Etnies and E's since decades... I like Cupsoles and the Nike SB was a single attempt to try a shoe with a vulcanized sole again, mainly because of better board feel but also with sufficient shock absorbance through their superb insoles.
Asics are too wide for my foot, as are Vans. Maybe i try Adidas in the near future just to not leave em out. I wore Adidas shoes in 1988 last time.

Seems like "the market" still wants to suppress Bitcoin's price climb, eh?
1691  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2021, 06:00:24 PM


This isn't your advertising channel. Also the quality looks like shit.




You sound angry!!
I have nothing to do with that, you can see the source in there, anything to spread the word of bitcoin is a good idea. Not all Nike shoes are great by the way.

Legit point, DF.
Not because every Nike shoe i put on my feet starts to stink after a short while. Even Nike Skateboarding models, of which i got a pair since three years now. Not that they are so durable, but i use em only to mow the lawn. Skating in them makes me wanna put them outside in the sunlight for two weeks   Angry
1692  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2021, 05:40:36 PM


https://twitter.com/nic__carter/status/1435671332738510854?s=20

https://www.atoms.com/bitcoin

Brethren!!  The adoption is real Kiss Kiss
Pre-order is available till September 29 2021

They even look skateable, probably not for long, though...


Masterbation will not kill you. #justsaying


A lot of things can kill you. A tiny clump of blood in the wrong place at the wrong time, a short-circuit in one of your tools, you get misdiagnosed and mistreated by your doctor (statistics say 10% of doctors will accidently fuck you up.)

And this kid died from jacking it: https://theboxhouston.com/8586872/brazilian-teenager-dies-after-masturbating-42-times-without-stopping/



damn hypomagnesemia  Cheesy Cheesy Cheesy
1693  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2021, 02:32:35 PM
Congrats for the new car owners!!

I didnt get the Q8 at last. (for reasons.. AML matters.. tax evasion concerns.. blah blah).. but i bought my son his first car.. a modest brand new VW Polo. More than enough for a rookie driver in a congested city like Buenos Aires.

(I bought it last month.. selling corn at 46500.. so when you talk about the dip.. i say.. what dip?)

Not the worst thing to get the Q7 instead of the Q8, which is already uncomfortably huge, imo.
Which engine?
 
1694  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2021, 08:55:31 AM


As if investor distraction by non fungible bullshit and shitcoins in the count of thousands wouldn't be enough  Angry
I'm grumpy, not because of the happenings, but because the fucking car will actually set me back a good $1200 (more than twice as much than i expected), and i'm heavily undersexed  Sad (EDIT: #nohomo)
Gotta catch some positive vibes tomorrow, or the whole day may be fucked as well  Roll Eyes

OHNO! Are the mini-oom's suffering from a bit of seasonal allergies???
Quick better give them each a couple Benedryl so they can rest soundly and sniffle free! 😜
(User warning, may cause extreme drowsiness, unless mini-oom's are classic ADHD/Hyperactive, in which case Benedryl should be exchanged for original formula Sudafed... but NOT that that ephedrine free crap)

Edit: Auto-incorrect dropped my "Not"

What the ...?
I understand the words, but i don't know what you mean. I tried a couple of times, but it didn't click.

[[Can't get the quote right, but YESTERDAY you said:]]

EDIT: Mrs. OutOfMemory just went undressing. See you tomorrow, guys  Grin

But then the little one woke up from a bad dream  Roll Eyes



CLICK

Tonight it's a different thing. As it also was yesterday (compared to the day before ( - repeat a couple of times -) ... )
I'm just getting a wee more grumpy because of lack of xxx, but i wouldn't tranquilize my four year old Cheesy
If it was that simple, it would be easy, though  Grin
The car repair sucks the most.

But anyway, life's good,

#hodlsleep

Wait, car repair was a brake issue right? I mean, you got pads ($50) Caliper ($150) worst case scenario rotors ($220) otherwise it's just a total of 4 bolts (once the wheel is off) and a bit of well placed grease. 45 minutes work,, tops.. How does this get to be over $500? (Me thinks your mechanic might be trying to pay for their kids braces... Jest sayin') You got a jack and a set of box wrenches? I can talk ya through it...

Just got the final call from the mech.
The pads are $60, all four discs about $300 (superb quality parts, because mountain area), two (possibly defective) calipers didn't have to be replaced in the end, so no brake fluid change needed, but the handbrake cable had to be replaced (requires to remove all rear seats). Totaled $995 including work and material and the yearly mandatory check (about $90).
Values are converted from EUR, so prices are also a little higher than in the US.
The mech is trustworthy and doesn't replace parts that are not really needed to be replaced, opposed to the car manufacturers service workshops, which also charge about 25% more per working hour.
I'm OK with that, but i rather would have put $600 into the recent dip  Grin

Number go down.

LFC’s car game go up - New ride.



[car porn image]

also a new ride - thanks BTC Cool

[better car porn image]

Wow congrats man! Looks nice is that an S6?  Cool

a better one - s7 Cool

It has to be a van for me next year, with at least 150HP (Diesel).
On the other hand, i don't want to sell my trusty old minivan with all four breaks almost new so early...
EDIT: I love the car, but it tends to need workshop visits a little too much and six people need quite a lot of space and torque.
1695  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2021, 12:20:27 AM


As if investor distraction by non fungible bullshit and shitcoins in the count of thousands wouldn't be enough  Angry
I'm grumpy, not because of the happenings, but because the fucking car will actually set me back a good $1200 (more than twice as much than i expected), and i'm heavily undersexed  Sad (EDIT: #nohomo)
Gotta catch some positive vibes tomorrow, or the whole day may be fucked as well  Roll Eyes

OHNO! Are the mini-oom's suffering from a bit of seasonal allergies???
Quick better give them each a couple Benedryl so they can rest soundly and sniffle free! 😜
(User warning, may cause extreme drowsiness, unless mini-oom's are classic ADHD/Hyperactive, in which case Benedryl should be exchanged for original formula Sudafed... but NOT that that ephedrine free crap)

Edit: Auto-incorrect dropped my "Not"

What the ...?
I understand the words, but i don't know what you mean. I tried a couple of times, but it didn't click.

[[Can't get the quote right, but YESTERDAY you said:]]

EDIT: Mrs. OutOfMemory just went undressing. See you tomorrow, guys  Grin

But then the little one woke up from a bad dream  Roll Eyes



CLICK

Tonight it's a different thing. As it also was yesterday (compared to the day before ( - repeat a couple of times -) ... )
I'm just getting a wee more grumpy because of lack of xxx, but i wouldn't tranquilize my four year old Cheesy
If it was that simple, it would be easy, though  Grin
The car repair sucks the most.

But anyway, life's good,

#hodlsleep
1696  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2021, 11:22:25 PM


As if investor distraction by non fungible bullshit and shitcoins in the count of thousands wouldn't be enough  Angry
I'm grumpy, not because of the happenings, but because the fucking car will actually set me back a good $1200 (more than twice as much than i expected), and i'm heavily undersexed  Sad (EDIT: #nohomo)
Gotta catch some positive vibes tomorrow, or the whole day may be fucked as well  Roll Eyes

OHNO! Are the mini-oom's suffering from a bit of seasonal allergies???
Quick better give them each a couple Benedryl so they can rest soundly and sniffle free! 😜
(User warning, may cause extreme drowsiness, unless mini-oom's are classic ADHD/Hyperactive, in which case Benedryl should be exchanged for original formula Sudafed... but NOT that that ephedrine free crap)

Edit: Auto-incorrect dropped my "Not"

What the ...?
I understand the words, but i don't know what you mean. I tried a couple of times, but it didn't click.
1697  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2021, 08:29:05 PM
Three possible outcomes of highs written above by AlcoHoDL. Any of the three written would be euphoric, to me at least. I hope guys that we get the nice ending of the 2021 bull chapter that we all (not proudhon) deserve.


We have to take lots of future (and current) resistance into account. If China wouldn't have jumped off and the ES chart attacks wouldn't have happened (let's pretend to be a little dumb and call it a "correction", right...) we would probably stand some $k's higher than last ATH.
As if investor distraction by non fungible bullshit and shitcoins in the count of thousands wouldn't be enough  Angry
I'm grumpy, not because of the happenings, but because the fucking car will actually set me back a good $1200 (more than twice as much than i expected), and i'm heavily undersexed  Sad (EDIT: #nohomo)
Gotta catch some positive vibes tomorrow, or the whole day may be fucked as well  Roll Eyes
1698  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2021, 08:22:15 PM
If you hodl, it's best to trust Satoshi Nakamoto  

Hm?  Curious about this point.

We are trusting satoshi because he is dead, disappeared or otherwise not available and unlikely to return or for some other reason.


= trust in Bitcoin's Success.

While success is meant as a series of events, not a final one-time event. We already witnessed some of those.
1699  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2021, 09:35:46 AM
Ok, I've seen enough. Bitcoin under $10k before the end of the year. The SEC always wins.

Here comes another one from you as expected.You come out of cave seeing btc dip to talk shit about it and leave it rapidly seeing the prices up.

 We have also seen enough of your such statements and you always lose man.Stop daydreaming and cooking up fake methodology predictions which are not gonna change anyone's perspective here in WO thread.Your SEC can control fake dollars bills but not bitcoin so be their puppet and have little such talks.

So it's a real dipshit we are dealing with here, literally?
1700  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2021, 08:01:22 AM




Bitcoin for dummies:
If you trade, it's best to rely on lines & triangles.
If you invest long term, it's best to trust onchain data.
If you hodl, it's best to trust Satoshi Nakamoto (NOT CSW, of course - Just saying, because this guide is for dummies)


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