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

[serveria.com]

For those of us who have been in bitcoin for a while it becomes difficult to shave off bitcoin during these dipping times, even if the BTCs might well be in considerable profits....

Tough situation for those of us who haven't reached the FU status yet. If your stash is not FU level yet, you have to limit hooker/blow consumption and postpone the Lambo part.   

[Krubster]

#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)

Code:

# 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!

[cAPSLOCK]

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.

[cAPSLOCK]

#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)

Code:

# 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!

[ChartBuddy]

Explanation

[OutOfMemory]

Getting older can make it more difficult to recover from anything, and I remember sometimes in my 20s that I would go for a run when I was extremely sick.. and I am not really sure if that was good for me, but the energy was there to be able to do it.

Oh also if you become bed-laden and you are in your 20s or 30s, frequently, you can build back muscle, but as you get older it becomes quite a bit more difficult to build back muscle.. some guys do take testosterone... but then that could interfere with your body's natural abilities to produce testosterone.. I have not tried anything like that so I am not speaking from personal experiences.. but I can see how it could become quite tempting to supplement in order to build and maintain muscle.. because sometimes you can ONLY exercise so much when you get older. believe it or not.. I am speaking from personal experience in that regard.

As a CFS sufferer, i can only exercise without pain and medium stamina, as well as less after effects, when i take the right supps.
Otherwise daily "routine" like sitting upright, for example, is causing muscle pain. Daily workout is a must for me, because it's more difficult to gain/keep muscle mass, compared to normies in my age.

But regardless of that, i found that doing exercises half speed, preferably even slower, has a better effect on building muscle. As a bonus, it's easier on the tendons and joints as well. I do not take Testosterone, but i am using Bromelaine, which (also) plays a role in Testosterone synthesis within the body.

[aesma]

https://finbold.com/canadian-regulators-demand-crypto-exchanges-not-to-promote-self-custodial-wallets/

Which crypto exchanges are promoting owning ones' keys, aka not store corn on said exchanges ?

It would be like a bank promoting stuffing cash under one's mattress.

I don't know if I would want to support such exchange, or to avoid it.

[d_eddie]

I just think the Canadian government is a bit clueless. They could have avoided some ridicule had they asked someone in the know before even talking about seizing coins in noncustodial wallets.

[JayJuanGee]

If the price don't touch this trendline, I will never post any TA ever on bitcointalk.

That chart and trendline is ridiculous..   

You are seeming to show that you have not learned anything... even after some recent promises that you made that you would try harder.. blah blah blah.

Regarding your promise to go away if the trendline is not touched.... many of us have heard those kinds of vacuous promises from disingenuine troll twats in the past.. and they are not always true to their promise.. but sometimes they do end up going away.. just because their track record is just filled with so much incredible ridiculous bullshit that they end up losing any kind of meaningful credibility... so I will believe it when I see it.. hard to prove a negative.. right?

[Copetech]

If the price don't touch this trendline, I will never post any TA ever on bitcointalk.

That chart and trendline is ridiculous..   

You are seeming to show that you have not learned anything... even after some recent promises that you made that you would try harder.. blah blah blah.

Regarding your promise to go away if the trendline is not touched.... many of us have heard those kinds of vacuous promises from disingenuine troll twats in the past.. and they are not always true to their promise.. but sometimes they do end up going away.. just because their track record is just filled with so much incredible ridiculous bullshit that they end up losing any kind of meaningful credibility... so I will believe it when I see it.. hard to prove a negative.. right?

A little confused...
I see:

If the price don't touch this trendline, I will never post any TA ever on bitcointalk.

I don't see anything about "promise to go away"... just no more TA... Right!?!

And as to this so-called TA-

ImThour, are you seriously betting your TA privileges on a touch down to $25k territory? Because with no wordenings to go with your chartening, that's what it looks like to me. Bold Bearish call that! I'll miss your attempts at TA.
-Cope

[philipma1957]

For those of us who have been in bitcoin for a while it becomes difficult to shave off bitcoin during these dipping times, even if the BTCs might well be in considerable profits....

Getting older can make it more difficult to recover from anything, and I remember sometimes in my 20s that I would go for a run when I was extremely sick.. and I am not really sure if that was good for me, but the energy was there to be able to do it.

Oh also if you become bed-laden and you are in your 20s or 30s, frequently, you can build back muscle, but as you get older it becomes quite a bit more difficult to build back muscle.. some guys do take testosterone... but then that could interfere with your body's natural abilities to produce testosterone.. I have not tried anything like that so I am not speaking from personal experiences.. but I can see how it could become quite tempting to supplement in order to build and maintain muscle.. because sometimes you can ONLY exercise so much when you get older. believe it or not.. I am speaking from personal experience in that regard.

True. I was attending a gym for like 10 years and some guys were taking testosterone... well after some time your balls stop functioning and you only depend on your testosterone shots... it's a bit like chemical castration actually...

There were several 70+ guys visiting the gym I trained at and they were really beefy and fit and stuff but I have to say all of them usually disappeared after a really short time... my guess is a heart attack...  

The issue with supplements and keeping your balls still working means dropping a load 7-10 times a week as part of your training.

male ejaculate has lots of testosterone in it.

https://pubmed.ncbi.nlm.nih.gov/1030919/


read up on guys like babe ruth he ate tons of oysters and had many woman. thus he balanced his testosterone.

read up on Roger Clemons he used a young olympic girl  to drain himont a steady basis.

It kept him balanced and the gymnast got hormones to aid in her muscle building.


Lots of athletes do this.

Read about Arnold when he was Mr Universe steroid were legal and he was a big womanizer

[ChartBuddy]

Explanation

[Torque]

For those of us who have been in bitcoin for a while it becomes difficult to shave off bitcoin during these dipping times, even if the BTCs might well be in considerable profits....

Getting older can make it more difficult to recover from anything, and I remember sometimes in my 20s that I would go for a run when I was extremely sick.. and I am not really sure if that was good for me, but the energy was there to be able to do it.

Oh also if you become bed-laden and you are in your 20s or 30s, frequently, you can build back muscle, but as you get older it becomes quite a bit more difficult to build back muscle.. some guys do take testosterone... but then that could interfere with your body's natural abilities to produce testosterone.. I have not tried anything like that so I am not speaking from personal experiences.. but I can see how it could become quite tempting to supplement in order to build and maintain muscle.. because sometimes you can ONLY exercise so much when you get older. believe it or not.. I am speaking from personal experience in that regard.

True. I was attending a gym for like 10 years and some guys were taking testosterone... well after some time your balls stop functioning and you only depend on your testosterone shots... it's a bit like chemical castration actually...

There were several 70+ guys visiting the gym I trained at and they were really beefy and fit and stuff but I have to say all of them usually disappeared after a really short time... my guess is a heart attack...  

The issue with supplements and keeping your balls still working means dropping a load 7-10 times a week as part of your training.

male ejaculate has lots of testosterone in it.

https://pubmed.ncbi.nlm.nih.gov/1030919/


read up on guys like babe ruth he ate tons of oysters and had many woman. thus he balanced his testosterone.

read up on Roger Clemons he used a young olympic girl  to drain himont a steady basis.

It kept him balanced and the gymnast got hormones to aid in her muscle building.


Lots of athletes do this.

Read about Arnold when he was Mr Universe steroid were legal and he was a big womanizer

1. Eat meat, fish, chicken, eggs, and drink whole milk, drink protein shakes.

2. Lift weights.

3. Fuck and/or jack off a lot.

4. DON'T take steroids or testosterone therapy.

[BobLawblaw]

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.

[JayJuanGee]

For those of us who have been in bitcoin for a while it becomes difficult to shave off bitcoin during these dipping times, even if the BTCs might well be in considerable profits....

Tough situation for those of us who haven't reached the FU status yet. If your stash is not FU level yet, you have to limit hooker/blow consumption and postpone the Lambo part.    

For sure, these are not easy choices... because if you are really close to fuck you status.. even within 50% - it seems as if inevitably you are going to get to fuck you status, and you just have to make sure that you are at least maintaining and not depleting from your BTC stash.

I am presuming entry-level of $2million based on 208-week moving average fuck you status based on something like my description in this post.

I am not really sure about how to say it better but most likely you should not be spending much if anything from your BTC stash until you have actually reached fuck you status.. but maybe that is too strict - because I understand that there could be ways in which guys have overallocated into bitcoin, so it is not easy to make blanket statements in that respect.....

Maybe a hypothetical will do, here?  Yes, guys are not necessarily going to agree with the terms of my hypothetical, but I want to attempt to describe someone who is on a very good trajectory to get to fuck you status, but has not quite reached it yet.


This hypothetical guy's investment portfolio/assets looks something like this:

30 BTC - 200-week moving average value $600k  (spot price value $1.1 million - we go by the 200-week moving average value to determine FU status - even though there are options that part of this could be cashed out or put into various other assets)

$250k  various other quasi-liquid investments including equities, 401ks etc

$80k  equity in not very liquid assets (such as property, personal residence, business interests - but could borrow against.. perhaps.. if needed)

$30k  cash or cash equivalents.. (floating kind of balance and some of this is already dedicated to bitcoin buying on dips and DCA)

$20k credit line - (could borrow with relatively low interest rates - maybe 3-5% per year, if needed)

$800 extra cashflow per month after various expenses that could be put into bitcoin or any other investments (also extra $2k per year that comes in at various times, not exactly predictably that can be invested)

$4.5k  per month - Regular monthly expenses


I agree that such hypothetical guy as outlined above has to be careful in terms of spending on hookers, lambos and blow..,. and of course, there are variations regarding how close to fuck you status a guy might be that do need to account for timeline considerations too.. ...

The hypothetical guy who reached fuck you status and ONLY has BTC would need to have right around 100BTC currently.. and surely, I am not going to assume that it is really practical or prudent for any guy to be 100% in bitcoin, and I would presume that the hypothetical guy above who has some diversity in his holdings of value is in a much better position by not having everything in bitcoin, even though, either way, he is not quite yet at fuck you status in the above hypothetical, even though he would not necessarily have to have 100BTC to reach entry level fuck you status if he were to have those other assets (circumstances) described above (because the other assets each have a bitcoin value to them, but holding value in various ways other than bitcoin will likely provide more options and also BTC volatility insurance).

Edit:
I reread your post serveria, and for sure I probably should attempt to clarify my perception of entry-level fuck you status would not likely be able to be too extravagant in the hookers, lambos and blow department.. because entry-level fuck you status brings you liberty to not have a job (makes a job optional).. and getting into higher levels of consumption likely does mean getting quite a bit passed entry-level fuck you status.  Of course, entry-level fuck you status could be reached upon low level of capital/principle so long as consumption is not very high.. so just off the top of my head in terms of attempting to mainstream entry-level fuck you status at having $2million of capital/principle, to enter into hooker, lambos and blow status, it is likely that 2-3x of entry-level would likely need to be reached.. and of course, as a matter of priorities, it surely is possible that hookers, lambo and blow could be reached/consumed at lower levels of fuck you status.. yet it seems to me that hookers, lambos and blow is meant to indicate a higher level of extravagance/ability to spend fuck you status than what I would consider to be "entry-level"  YMMV ^{credit to Toxicmoxic}

[d_eddie]

The issue with supplements and keeping your balls still working means dropping a load 7-10 times a week as part of your training.

male ejaculate has lots of testosterone in it.

https://pubmed.ncbi.nlm.nih.gov/1030919/


read up on guys like babe ruth he ate tons of oysters and had many woman. thus he balanced his testosterone.

read up on Roger Clemons he used a young olympic girl  to drain himont a steady basis.

It kept him balanced and the gymnast got hormones to aid in her muscle building.


Lots of athletes do this.

Read about Arnold when he was Mr Universe steroid were legal and he was a big womanizer

Aaw, the unimaginable sacrifices we have to go through to keep our body functioning!
It's very hard. All this suffering may bend lesser men, but I'm ready to do what I have to.
Now - where are all the olympic girls? Hm, none in sight?
Actually, I could even settle for unolympic milfs if it comes to that.
Of course, I'd have to be able to, hm, take a look, before committing to the ordeal.
Oh, the trying toils! Oh, the unbreakable fiber!
Hardship, here I come! Here I come! Here I... ooohhhhhhhhhhhhhhh

[ChartBuddy]

Explanation

[JayJuanGee]

https://finbold.com/canadian-regulators-demand-crypto-exchanges-not-to-promote-self-custodial-wallets/

Which crypto exchanges are promoting owning ones' keys, aka not store corn on said exchanges ?

It would be like a bank promoting stuffing cash under one's mattress.

I don't know if I would want to support such exchange, or to avoid it.

The article already says that the Canadian Govt is upset with Coinbase/Kraken.. both have operations (at least for now) in Canada..

It is funny that some aspects of the Canadian Govt might be biting off more than they can chew with their recent attempts to "keep 'crypto' under wraps"   They are clearly and unambiguously signaling that Canada is not open to business in regards to bitcoin/crypto, which also shows that they are chasing away bitcoin/crypto which likely has some disadvantages...

Hey, if you want to do business in Canada, you need to be ready, willing and able to have all your funds seized up with little or no due process.  A friendly environment to invest capital/do business, right?

[edited out]

A little confused...
I see:

If the price don't touch this trendline, I will never post any TA ever on bitcointalk.

I don't see anything about "promise to go away"... just no more TA... Right!?!

Yeah.. give the dweeb an "out".. that's helpful....    

[Torque]

The article already says that the Canadian Govt is upset with Coinbase/Kraken.. both have operations (at least for now) in Canada..

Barbara Streisand effect.

That, along with the seizing or closer of personal bank accounts, is the single biggest advertisement for bitcoin that the Canadian govt could make.

[ChartBuddy]

Explanation