Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[thisisntbic]

u mad u little crybaby ?

Apparently your so called good news, have had no effect on btc price, quite the opposite actually.

I'm mad that I/others have to read your drivel and that it's taking up space forever on this wall.

I am quite happy with BTC's performance over the last few years, and have no doubt I will be even more so in time to come.

[Torque]

I think the real news there is that a Norwegian company has 31,000 employees? Who knew.  

[Arriemoller]

I was shooting heroin and reading “The Fountainhead” in the front seat of my privately owned police cruiser when a call came in. I put a quarter in the radio to activate it. It was the chief.

“Bad news, detective. We got a situation.”

“What? Is the mayor trying to ban trans fats again?”

“Worse. Somebody just stole four hundred and forty-seven million dollars’ worth of bitcoins.”

The heroin needle practically fell out of my arm. “What kind of monster would do something like that? Bitcoins are the ultimate currency: virtual, anonymous, stateless. They represent true economic freedom, not subject to arbitrary manipulation by any government. Do we have any leads?”

“Not yet. But mark my words: we’re going to figure out who did this and we’re going to take them down … provided someone pays us a fair market rate to do so.”

“Easy, chief,” I said. “Any rate the market offers is, by definition, fair.”

He laughed. “That’s why you’re the best I got, Lisowski. Now you get out there and find those bitcoins.”

“Don’t worry,” I said. “I’m on it.”

I put a quarter in the siren. Ten minutes later, I was on the scene. It was a normal office building, strangled on all sides by public sidewalks. I hopped over them and went inside.

“Home Depot™ Presents the Police!®” I said, flashing my badge and my gun and a small picture of Ron Paul. “Nobody move unless you want to!” They didn’t.

“Now, which one of you punks is going to pay me to investigate this crime?” No one spoke up.

“Come on,” I said. “Don’t you all understand that the protection of private property is the foundation of all personal liberty?”

It didn’t seem like they did.

“Seriously, guys. Without a strong economic motivator, I’m just going to stand here and not solve this case. Cash is fine, but I prefer being paid in gold bullion or autographed Penn Jillette posters.”

Nothing. These people were stonewalling me. It almost seemed like they didn’t care that a fortune in computer money invented to buy drugs was missing.

I figured I could wait them out. I lit several cigarettes indoors. A pregnant lady coughed, and I told her that secondhand smoke is a myth. Just then, a man in glasses made a break for it.

“Subway™ Eat Fresh and Freeze, Scumbag!®” I yelled.

Too late. He was already out the front door. I went after him.

“Stop right there!” I yelled as I ran. He was faster than me because I always try to avoid stepping on public sidewalks. Our country needs a private-sidewalk voucher system, but, thanks to the incestuous interplay between our corrupt federal government and the public-sidewalk lobby, it will never happen.

I was losing him. “Listen, I’ll pay you to stop!” I yelled. “What would you consider an appropriate price point for stopping? I’ll offer you a thirteenth of an ounce of gold and a gently worn ‘Bob Barr ‘08’ extra-large long-sleeved men’s T-shirt!”

He turned. In his hand was a revolver that the Constitution said he had every right to own. He fired at me and missed. I pulled my own gun, put a quarter in it, and fired back. The bullet lodged in a U.S.P.S. mailbox less than a foot from his head. I shot the mailbox again, on purpose.

“All right, all right!” the man yelled, throwing down his weapon. “I give up, cop! I confess: I took the bitcoins.”

“Why’d you do it?” I asked, as I slapped a pair of Oikos™ Greek Yogurt Presents Handcuffs® on the guy.

“Because I was afraid.”

“Afraid?”

“Afraid of an economic future free from the pernicious meddling of central bankers,” he said. “I’m a central banker.”

I wanted to coldcock the guy. Years ago, a central banker killed my partner. Instead, I shook my head.

“Let this be a message to all your central-banker friends out on the street,” I said. “No matter how many bitcoins you steal, you’ll never take away the dream of an open society based on the principles of personal and economic freedom.”

He nodded, because he knew I was right. Then he swiped his credit card to pay me for arresting him.

Acknowledgements to /u/shichyah1 on Reddit

Inspired by "Jennifer Government" by Max Barry?  A book I can really recommend.

[hexxodev_temp]

I think the real news there is that a Norwegian company has 31,000 employees? Who knew.  

And they are wasting worktime when they daytrade.

[vroom]

Lightning node how to:  https://medium.com/@dougvk/run-your-own-mainnet-lightning-node-2d2eab628a8b

(snip)

no cloud needed. cloud is not even mentioned in this tutorial. install docker on your linux system and run the commands from the tutorial.

Hello vroom, I'd like some help.

After some thought, I'd like to try installing lightningd along my already running bitcoind. Which means, I would like to avoid building one more copy/instance of bitcoind inside the Docker container. This probably means no private network between bitcoind and lightningd, but plain old loopback or similar.

Do you think it can be done? Any caveats, gotchas, likely pitfalls etc?

try to install lightningd as docker container and let it talk to your already existing bitcoind instance. A docker container should be able to connect to bitcoind running anywhere else.

edit: after reading some docs I found this command line options to provide the correct bitcoind address:

Code:

lnd --bitcoin.active --bitcoin.testnet --debuglevel=debug --bitcoin.rpcuser=kek --bitcoin.rpcpass=kek --externalip=X.X.X.X

[Rsiyz]

I think the real news there is that a Norwegian company has 31,000 employees? Who knew.  

its big bank "babe"  https://en.wikipedia.org/wiki/Nordea

but important is what neocons like necron and macrela  say on Gay 20 "semmit"

[mindrust]

I think the real news there is that a Norwegian company has 31,000 employees? Who knew.  

its big bank "babe"  https://en.wikipedia.org/wiki/Nordea

but important is what neocons like necron and macrela  say on Gay 20 "semmit"

I've read that both Germany&France is discussing to ban bitcoin. Can't remember where i've read it. It was a reader comment probably he was FUD'ing still i can't help but think what if he was right? Germany is a real ass when it comes to taxing shit and "regulating" our fun. French are good guys usually but their buddy Germany is an asshole.

[OWZ1337]

I think the real news there is that a Norwegian company has 31,000 employees? Who knew.  

its big bank "babe"  https://en.wikipedia.org/wiki/Nordea

but important is what neocons like necron and macrela  say on Gay 20 "semmit"

I've read that both Germany&France is discussing to ban bitcoin. Can't remember where i've read it. It was a reader comment probably he was FUD'ing still i can't help but think what if he was right? Germany is a real ass when it comes to taxing shit and "regulating" our fun. French are good guys usually but their buddy Germany is an asshole.

France bans anything American i'm not surprised ..Germany on the other hand umm thats a stretch they just want tax regulations imo :-D

[jojo69]

Along these lines, I'm looking to build myself a "proper" server to run Bitcoind and LND. Ideally RAID 10 for the boot volume, and RAID 10 for the blockchain/LND volume.

Figure software RAID under Ubuntu is good enough (?)

Can anyone recommend a decent i7 or Xeon based system, smallest form-factor possible, capable of housing at least 4 x 3.5" drives ?

Amazon and NewEgg are kinda a crapshoot... Maybe I should post this in another thread...

mosey on over to the [H] pardner, best hardware reviews on the net

as far as software RAID, I've always had bad luck with it personally...more stuff to go wrong

[Arriemoller]

I think the real news there is that a Norwegian company has 31,000 employees? Who knew.  

Actually, it's a Swedish company, with branches all over the world, hence the big number of employees.

EDIT: they moved the HQ to Finland last year after a quarrel with Swedish authorities, so I guess they are now a Finnish company.

[babanana]

All the news bout bitcoin being banned is what bitcoin is all about. Its not to be controlled by any entity. Its decentralized by nature, any one can participate. Yes there is risk and that is for the participant to take.
There is fear above all other worries on institutions bitcoin being the better alternative of them. Their usefulness is being tested, banks especially. Hence, trying to kill it by preventing those they can control from participating.

Threat of livelihood is on the line. That's how low they will go to suppress BTC's growth.

Nothing surprising.

[Arriemoller]

Børsen tells its website that Nordea will ban 31,000 of its employees with trading bitcoin.
According to Børsen, Nordea denies its employees to trade with bitcoin. According to the Danish newspaper, Nordea has announced this by an internal announcement on Monday.

Nordea's communications have been strengthened with Bloomberg's news agency. Afroditi Kellberg of Nordea says that the ban will come into effect on 28 February. After that, Nordea employees can not trade with bitcoin or other cryptographic currencies.

In December, Nordea Group CEO Casper von Koskull expressed his views on the bitstream of bitstream. He regards his unregulatedness as absurd.

- Considering that the financial system uses billions of financial regulation, I mean that it's actually a joke that we're going to give something like Bitcoin's, the CEO said to the Bloomberg news agency at that time.

During the weekend, Norwegian E24 reports that Nordea in Norway has banned thousands of employees from trading with bitcoin.

The article is behind a paywall, could you post it in the original language here if it isn't too long please?
"Kun tilgængelig for Premium-kunder"

[Elwar]

I think the real news there is that a Norwegian company has 31,000 employees? Who knew.  

Actually, it's a Swedish company, with branches all over the world, hence the big number of employees.

This makes more sense.

I don't believe there are more than 31,000 people living in Norway. Maybe Santa and his elves make up a lot of the population but still.

[Last of the V8s]

In Soviet America, Bitcoin bans you.

[Arriemoller]

I think the real news there is that a Norwegian company has 31,000 employees? Who knew.  

Actually, it's a Swedish company, with branches all over the world, hence the big number of employees.

This makes more sense.

I don't believe there are more than 31,000 people living in Norway. Maybe Santa and his elves make up a lot of the population but still.

No, Santa lives in Rovaniemi in Finland. http://www.visitrovaniemi.fi

I have actually been there myself and can confirm this.

[d_eddie]

Do you think it can be done? Any caveats, gotchas, likely pitfalls etc?

Along these lines, I'm looking to build myself a "proper" server to run Bitcoind and LND. Ideally RAID 10 for the boot volume, and RAID 10 for the blockchain/LND volume.

Figure software RAID under Ubuntu is good enough (?)

I would suggest a dedicated NAS with zfs (FreeBSD). Mostly like RAID, only better.
A dedicated ethernet cable between server and NAS would provide adequate disk bandwidth. Or, likely, you could actually manage to run bitcoind and lightningd on the NAS itself. As for the form factor, there are dedicated cabinets that accommodate 1-12 disks, with little leftover space except for the motherboard.

[OWZ1337]

MUUHAHAHAHA   ===>

" I am going broke because bitcoin crashed... (moving back to my mom's house) "

https://www.youtube.com/watch?v=qjKOWqIxZho

 

weee

[mindrust]

MUUHAHAHAHA   ===>

" I am going broke because bitcoin crashed... (moving back to my mom's house) "

https://www.youtube.com/watch?v=qjKOWqIxZho

 

weee

This fuckface is a liar. He is making money by making you watch this bullshit.

If he was serious;

Question 1st: Why go all in retard?
Question 2nd: Why panic sell at $13k moron? Don't you know how to hodl?

But he isn't serious so those questions don't matter.

[Syke]

Figure software RAID under Ubuntu is good enough (?)

Yup, works great and is easy to recover from failures. You have to install the Server version if you want to set up the RAID config during install, then you can add the desktop GUI if you want after install.

Can anyone recommend a decent i7 or Xeon based system, smallest form-factor possible, capable of housing at least 4 x 3.5" drives ?

Chenbro makes a nice case (4x hot-swap bays) if you don't mind installing your own CPU&motherboard.

https://www.newegg.com/Product/Product.aspx?Item=9SIA4R86ME2329&cm_re=chenbro-_-11-123-173-_-Product

[hodl_2015]

Figure software RAID under Ubuntu is good enough (?)

It's perfect, in fact it's even better than hardware raid because you can replace the computer with anything else, plug in the raid drives and it will just work, no need to hunt down an identical raid controller to have even a chance of accessing the data.

I ended up using Raid 10,f2 which stores odd and even chucks of a single file separately. If you are reading a single large file sequentially, this makes it possible to pull the odd chuncks from one drive and the even chuncks from the other at the same time, resulting in double read bandwidth. Normal raid 10 will only reach double bandwidth with two drives when you are reading two files in parallel or many small files (like a webserver).
(this is assuming your workload is reading one big file sequentially, like a file server with large files and few concurrent users. f2 doesn't help when randomly reading small parts of a file.)