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

[Biodom]

In memoriam...of something

https://www.trustnodes.com/2020/12/29/sec-sinks-xrp

Say what you want about that shitcoin, but the wanton destruction of monetary value (maybe wrongly attributed, I agree) is not something that I adore.
Honestly, if this would eventually cause SEC demise as a regulatory agency, so be it (see quotation).

XRP perhaps couldn’t withstand this injustice, but few can commend the way SEC went about enforcing it, even if they do agree.
Where coders are concerned, this is just another round they don’t even care about in a long running battle. The question is: will SEC be destroyed in the end?
You can not just wipe out tens of billions without courting hate, especially when the institution was already hated due to its investment prohibitions injustice inscribed in its very foundations.

The 'subtracted' value is obviously flowing mostly into bitcoin plus 2-3 s-coins (for now) .

[marcus_of_augustus]

In memoriam...of something

https://www.trustnodes.com/2020/12/29/sec-sinks-xrp

Say what you want about that shitcoin, but the wanton destruction of monetary value (maybe wrongly attributed, I agree) is not something that I adore.
Honestly, if this would eventually cause SEC demise as a regulatory agency, so be it (see quotation).

XRP perhaps couldn’t withstand this injustice, but few can commend the way SEC went about enforcing it, even if they do agree.
Where coders are concerned, this is just another round they don’t even care about in a long running battle. The question is: will SEC be destroyed in the end?
You can not just wipe out tens of billions without courting hate, especially when the institution was already hated due to its investment prohibitions injustice inscribed in its very foundations.

The 'subtracted' value is obviously flowing mostly into bitcoin plus 2-3 s-coins (for now) .

I don't see how the ethereum pre-sale and issuance schedule makes it anything different than a security.

After ripple SEC will surely have ether in it's sights. Forever looking over their shoulders now.

[ewibit]

Re: NAS

Now I understand that not everybody has a 19" rack in the basement (though these can be had very cheap too :-)) or even a separate room to place a loud beast like this in. Still, all these NAS products that I have had my hands on over the years totally and royally sucked and gave me a very bad price/performance ratio. Avoid them if you can, maybe build something yourself, load FreeNAS or whatever, everything is better than these shitty towers of future misery due to data loss.

freenas on supermicro low power xeon mobo ftw. mix of spinners, ssds, and external usb drives in a shortie 19" rack case. 64 gigs ECC ram expandable to 128gigs. ZFS file system rocks imo

back it up to another freenas box (the previous daily driver nas) and always have the old one off line except for when backing up. other backups exist on various media, cant have too many backups.

Does anyone have experience with DIY data recovery from a defective SSD?
(after 6 weeks in operation only recognised as Sandisk Milpitas with 16 KB by BIOS)

TIA
 

[LFC_Bitcoin]

@BitcoinTweeting
#Bitcoin went from $9,600 to $28,000 after the Federal Reserve said:

https://twitter.com/bitcointweeting/status/1343966412902195200?s=21

[Biodom]

In memoriam...of something

https://www.trustnodes.com/2020/12/29/sec-sinks-xrp

Say what you want about that shitcoin, but the wanton destruction of monetary value (maybe wrongly attributed, I agree) is not something that I adore.
Honestly, if this would eventually cause SEC demise as a regulatory agency, so be it (see quotation).

XRP perhaps couldn’t withstand this injustice, but few can commend the way SEC went about enforcing it, even if they do agree.
Where coders are concerned, this is just another round they don’t even care about in a long running battle. The question is: will SEC be destroyed in the end?
You can not just wipe out tens of billions without courting hate, especially when the institution was already hated due to its investment prohibitions injustice inscribed in its very foundations.

The 'subtracted' value is obviously flowing mostly into bitcoin plus 2-3 s-coins (for now) .

I don't see how the ethereum pre-sale and issuance schedule makes it anything different than a security.

After ripple SEC will surely have ether in it's sights. Forever looking over their shoulders now.

Absolutely, especially since there is, apparently, no time frame limitations.
Another point to mention-i got a link to FTX from somewhere and there it was: USA is in an "interesting" group, together with N korea, iran, Crimea, etc.
Same for many other investment sites (Deribit comes to mind).
We are being cordoned off-all thanks to SEC and their malcontented Howey test, which should have been buried decades ago.
Add to that the concocted 'accredited investor' statute.
It's like you want darwinian evolution, but handicap some people in the race.

[JayJuanGee]

Oh I miss the times it snowed in NL.... So beautiful...

how can this world be so unfair? Africa:



here in africa we have to live with air conditioning inside the house because the heat is very high, it looks like the sun decided to punish the Africans

It's not the world that is unfair, the world does not give a fuck.
It's the people that's stupid. If you don't like super hot climate, move somewhere else, if you don't like super cold climate, move somewhere else, but don't whine about your situation and do nothing about it.

You might have a little bit of a point, Arriemoller.  Seems to me that there are people who might NOT have a whole hell of a lot of geographical mobility, and there are also people who attach a decent amount of value to their familial roots or whatever else might be keeping them in a certain geography... .... in other words, geographical mobility has costs, too... and many of those costs are subjective... which should not take a way from (or justify) any such geographically bound person from complaining that s/he might prefer some better climate circumstances for his/her lil selfie..

[lightfoot]

..

Bitcoins? Who said anything about bitcoins? I was thinking about different types of corn. But I'm sure you see.

Ah.... :-)

[Biodom]

I agree with @JJG, some people cannot move due to their personal situation, and when they move en masse-we have terrible problems.
Large scale population move is something close to impossible, unless you are going into an unoccupied space, like Mars.

[FullNode]

back to on topic: we need moar helicopter drawings

https://i.imgur.com/pFhJ7EU.gif

[lightfoot]

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.

[JayJuanGee]

By the way... right now, with our current movement of corn, I can anticipate that some members might either be suggesting that we go sideways from here or considering that we might go sideways from here.. which is largely within a range of $25,700 and $28k.


Think about it guys, before you post it.

Bitcoin no doesn't work like dat.

We continue to be at the top of the range.

So sure, if we were to correct either back into no man's land or maybe some variant slightly above noman's land (remember that "no man's land" is somewhere in the ballpark of $17,250 to $23,500), then maybe some consolidation and flat could play out in those price territories in the coming several months.

So currently, we seem to be in a short term limbo in terms of figuring out which way gonna be happening with dee corns in the coming week or two or 3-4 at most... more likely on the shorter end of the range.  Going up?  Going down?  Flip a coin, but the odds seems slightly in favor of UPpity (until they are not).....  

[BobLawblaw]

Sun and (IBM) AIX

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

[Biodom]

People "should" root for a correction because we are already overextended on a temporary basis and if we would keep going vertically UP, then we will reach the "blue" NUPL sooner than later and undergo a large correction. This ALWAYS happened before.

Having a "nice" 19% correction to 23Kish would allow up to keep going much further.

[Dabs]

Enough rant about NAS, BTC doesn't mind where you store it as long as you have a copy of the seed on paper  

There is that rule of backups, like 2 copies and 3 locations or some variation. If you only have one NAS at home, you better make it double, essentially one is a mirror or backup of the first one. Then, ideally, you have something offsite, or at least some distance away.

I also have an HP DL 380 G7 I got a few years ago. The only issue I have is it does not like non-HP drives and makes the fans go 100%, so I had to hack the fans to make them quiet or something.


As for the seed on paper, this is my procedure now.

1. print or write seed on paper.
2. paint both sides of paper with diluted elmer's glue to seal it.
3. after that's dry, put it in epoxy resin.

Now that's water proof, but not fireproof. So you can get either fireproof container or safe or envelope, or make sure it is surrounded by at least 1 to 2 inches of concrete on all sides (think of John Wick burying his gold coins in his basement, that will survive a house fire.)

[El duderino_]

Sun and (IBM) AIX

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

Sun + AIX = happy days

[d_eddie]

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.

[Hueristic]

Great suggestion, Hueristic, thanks. I already have Ublock Origins installed. Do I have to pick overlays on each site separately, or is there a catch-all option I haven't noticed?

Yes as far as I know but then it is saved except for a few sites like pinterest that write code to make new JS overlays every time you load the page (no surprise as they are theifs that steal all their content and manipulate the site to force you to pay).

Great thanks!

NP

[OutOfMemory]

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
Fun fact: When travelling from an AIX based course at the IBM technology center in Montpellier, my car broke down in Aix de Provence.

[Hueristic]

The best backup solutions are those that are tried and proven reliable over time.




Anyone got a spare warehouse to store my favorite jpg in?

[d_eddie]

Great suggestion, Hueristic, thanks. I already have Ublock Origins installed. Do I have to pick overlays on each site separately, or is there a catch-all option I haven't noticed?

Yes as far as I know but then it is saved except for a few sites like pinterest that write code to make new JS overlays every time you load the page (no surprise as they are theifs that steal all their content and manipulate the site to force you to pay).

Great thanks!

NP

Thanks, I assume you mean there is a catch-all. Next time one of those pesky JS overlay comes up, I'll be sure to punish it with Ublock Origins.

As for pinterest, I loathe that site. Even asking me to register to view content is too much. Still proudly no Spotify here, for example. And they do not simply copy-paste.