Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3673. (Read 26608955 times)
April 10, 2022, 02:04:54 AM
April 10, 2022, 02:03:38 AM
Actually no i don't but my memory sucks now, sorry you have dropped to this level though.
Not to worry, let me refresh your memory for you:
I used to enjoy you posts and all I can assume now is you have made a poor decision and are flailing about blaming everyone else except yourself.
Spare me the bullshit.
Why would I blame myself for telling the truth?
Was it grin that did you in?
Listen you delusional gambling fuck - nothing has “done me in”.
Of course I lost a substantial amount of corn “investing is Grin”, but it was calculated.
That’s because I treat it as lost already - from the very fucking begining.
Remember I warned people about that.
Yes you did. Have you made an entry yet, or? Just curious.
There are still certainties in life. 
nutildah?
You’re my favourite scammer, yo.
Screw this, my lightning node sucks.
That’s because Lightning sucks in general.
Perhaps it’s another way of ripping people off their Bitcoin. Hm?
Me needs something decentralised.
The only thing I would add is it's seemed to get WORSE recently. Not sure what that means.
Well, it has to get moar worse, before it gets moar better.
Sounds familiar?
How do you feel, friend? I hope you'll recover soon.
Keep sucking him, and you’ll both do just fine.
BoD my ass.
What's wrong with YOU?
What's wrong with YOU?
Nothing, yo.
I stand by my gut - that you’re the most “intellectual” cuntonian of the bunch.
change_my_mind.gif
Ignore him, don't feed the troll.
He can’t, even if he wanted to. None of you can, which is - kinda funny.
Good morning people.
Get free
April 10, 2022, 02:02:33 AM
Actually no i don't but my memory sucks now, sorry you have dropped to this level though.
Not to worry, let me refresh your memory for you:
I used to enjoy you posts and all I can assume now is you have made a poor decision and are flailing about blaming everyone else except yourself.
Spare me the bullshit.
Why would I blame myself for telling the truth?
Was it grin that did you in?
Listen you delusional gambling fuck - nothing has “done me in”.
Of course I lost a substantial amount of corn “investing is Grin”, but it was calculated.
That’s because I treat it as lost already - from the very fucking begining.
Remember I warned people about that.
Yes you did. Have you made an entry yet, or? Just curious.
There are still certainties in life.
nutildah?
You’re my favourite scammer, yo.
Screw this, my lightning node sucks.
That’s because Lightning sucks in general.
Perhaps it’s another way of ripping people off their Bitcoin. Hm?
Me needs something decentralised.
The only thing I would add is it's seemed to get WORSE recently. Not sure what that means.
Well, it has to get moar worse, before it gets moar better.
Sounds familiar?
How do you feel, friend? I hope you'll recover soon.
Keep sucking him, and you’ll both do just fine.
BoD my ass.
What's wrong with YOU?
What's wrong with YOU?
Nothing, yo.
I stand by my gut - that you’re the most “intellectual” cuntonian of the bunch.
change_my_mind.gif
Ignore him, don't feed the troll.
He can’t, even if he wanted to. None of you can, which is - kinda funny.
Good morning people.
Get free
April 10, 2022, 01:15:17 AM
April 10, 2022, 01:01:26 AM
April 10, 2022, 12:59:27 AM
But hey.. I am not going to attempt to stop you.. Post away.. post whatever you like.. even if I might chime in about some of it (or others might chime in).. to the extent that I might be interested in what you might be saying/posting.
Treaty of Peace signed. I do like your criticism though.
I don't plan on going easy on you...
Easy is for low IQ peeps, remember, we were in Top 10
Haha
Yes.... that IQ game was interesting.
In the real world, IQ can also be interesting - but likely in the end, it might depend upon how well something like that might be applied to various opportunities in the world - whether we are referring to the analysis of bitcoin and its possible direction or even other various opportunities that might exist out there - in terms of career choices.
Another dilemma can be real world meat space issues, and I suppose when we are younger we might have to attempt focus some of our physical urges depending upon opportunities that might automatically be available based on being born into a position, or if there might be some need to attempt to put yourself into a better position. A minority of folks are born into positions of privilege, but we have also learned that we are going to have more opportunities depending on which part of the world in which we are born, too.
Attempting to bring this back to bitcoin, there may well be some folks who are not really privileged or even high IQ, but they still are either lucky or insightful enough to identify bitcoin relatively early in their life (or at least when they are at least young enough in which identifying bitcoin can make a meaningful difference for them). So, I suppose that i am trying to suggest that IQ might ONLY be one of the aspects of identifying bitcoin and getting into it.. and there also might be some reverse correlation, too, in the sense that some folks with high IQ and even born into some kinds of social/financial privilege might end up NOT identifying bitcoin as early as someone with lower IQ and less social/financial privileges, so in that regard bitcoin can end up serving as a great leveler for folks who had been less advantaged but merely insightful enough to identify bitcoin as a potential opportunity, and to act upon their place of superior knowledge (even if they had encountered some luck in regards to getting to that superior knowledge regarding bitcoin as a topic).
April 10, 2022, 12:01:21 AM
April 09, 2022, 11:59:20 PM
Screw this, my lightning node sucks.
I suspect I'm missing out a ton of routing because I'm running a tor node. Currently, my node has a capacity of 2.55 BTC with 47 channels, but I'm barely seeing any activity. According to lnrouter.app my average channel response time is 2.4 sec and my node response time 0.6. That's far from impressive...
If I'm going to run a lightning node, I might as well do it properly. I'm thinking a new baremetal server with a mini atx motherboard, a ryzen 5 processor, 16 GB ram and 2x 2TB SSD (for a RAID setup). After that, mitigate my node to this new dedicated server, running a RaspiBolt clearnet node.
With a new setup like this, I'm ready to add enough funds to build a node with 10+ BTC capacity and 100+ channels.
Ok, let's do this. Time to go shopping.
I suspect I'm missing out a ton of routing because I'm running a tor node. Currently, my node has a capacity of 2.55 BTC with 47 channels, but I'm barely seeing any activity. According to lnrouter.app my average channel response time is 2.4 sec and my node response time 0.6. That's far from impressive...
If I'm going to run a lightning node, I might as well do it properly. I'm thinking a new baremetal server with a mini atx motherboard, a ryzen 5 processor, 16 GB ram and 2x 2TB SSD (for a RAID setup). After that, mitigate my node to this new dedicated server, running a RaspiBolt clearnet node.
With a new setup like this, I'm ready to add enough funds to build a node with 10+ BTC capacity and 100+ channels.
Ok, let's do this. Time to go shopping.
I personally have never been a big fan of raspberry pi as the main brain for bitcoind and lnd.
When i went down this path, i knew it was going to be on a bare metal computer and not a raspberry pi or similar. I also wanted to build, install and configure everything from scratch to really understand how things work "under the hood" and why it is done that way.
I ended up with the following hardware spec, most were just laying around... collecting dust...
LN Node Type: ClearNet (8DegreesWO)
Intel(R) Core(TM) i5-6400 CPU @ 2.70GHz
Corsair 16GB DDR4
Gigabyte ITX Board (Small Form Factor)
3 x 1TB Samsung PRO SSD (2 Drives in RAID1 with 1 Spare (Not connected Still in a Box))
Corsair 550WATT PS
APC 750VA Smart UPS
Software: CentOS/bitcoind/lnd
It may be overkill, but I think i have speed/redundancy and reliability covered...
The most important reason of having a ClearNet Node, in my opinion is, both TOR and ClearNet Nodes can open a channel to you at any time. Where as, if you are a TOR node, only another TOR node can initiate a new channel.
Some of the biggest nodes are TOR. This isn't the reason you are "missing out"
LN by nature isn't transparent, so we are never sure who is routing what, how or where. You will only ever see what comes in and out, never the origin or destination, so who you connect to makes a huge difference.
You need to really think about where to position yourself in the grand scheme of things. If you think you are going to compete with the big boys then you are going to need more than 270,000,000 SAT.
I also noticed you are primarily connected to the big LN Nodes. You need to step back and see the bigger picture, why would they route through you? when they can just go direct to each other, using their existing channels.
You need to visualize how the SATS will flow... Using the channels you have opened now, Do you think it will go from "BCash_Is_Trash -> YOU -> Kraken"?, "BCash_Is_Trash -> Kraken" is more likely how the SAT will flow.
You need to have a plan and strategy that make sense, not just open random channels with anyone. (BTW why do you have two channels with Kraken)
From my experience, it doesn't matter how balance each individual channels are, what matter most is how balance your overall LN node is.
The ratio I used is outbound:inbound. Try aim for 1:1 to 1.3:1. That means 270,000,000, have Outbound of 135,000,000 and inbound of 135,000,000 for a 1:1 etc....
I made some mistakes early in the LN games, almost threw in the towel, but have soldiered on and am now happy with where I am.
Been online 18th September 2021 (204 days)
Uptime: 99%
LN Node Size: 430,618,597 SAT (4.3BTC)
Routing Stats
Total Amount: 356,586,094 SAT (3.5BTC)
Total Transactions: 1,803
Total Fees: ###,### SATS
Channel Stats
Opened: 114
Closed: 56
I still get spikes in routing. Not a smooth daily consistency that you would expect. Some days you get ZERO routes. Other days you get 50+.
Also, if you are keeping this node active, I've got a spare 6M SATs i can open up to you with.
April 09, 2022, 11:01:21 PM
April 09, 2022, 10:19:44 PM
Bitcoin new update.and strong support 40k USD. today Bitcoin price 42.8k USD.
(https://twitter.com/BitcoinMagazine/status/1512406851698135044)
(https://twitter.com/BitcoinMagazine/status/1512406851698135044)
April 09, 2022, 10:03:34 PM
April 09, 2022, 09:07:12 PM
a human being at wits end change the language...the location..the ideology....whatever you want...this is happening everywhere and im sick of it
https://twitter.com/backtolife_2022/status/1512673097069088773
------
what problematic...imo...is that everyone thinks they are not culpable and wants to point fingers at the other side
this is goes for the covid bullshit, the war in Ukraine, the financial disaster governments around the World have been leading us into and a broad spectrum of other things
its not the USA, its not China, its not Russia....its ALL of us...get that thru your heads we are all in this one tiny boat together
listen to pain and anguish in that mans voice...tell me you have not felt that over the two years of hell we have been forced thru...for what? so politicians can say...look...I acted...you cant blame me now..
fuck that...i can and do
how about searching for problems we all share and fix those you can instead of playing the blame game
99.9% of us all want the same thing...a chance at a decent life..a good job...maybe a family and a home...vacation a few times a year...you know...simple...honest...rewarding
the other .1% has got everyone so twisted that we are at each others throats...this is by design
opt fucking out
Even worse listen to people screaming from their apartments after being locked down completely.
https://twitter.com/patrickmadrid/status/1512600420610363394?s=20&t=7oMjQTeImkJGQxBPWCV7uw
Somewhat worrisome is the trend that what starts over there tries to come west too.
I think if that is attempted the perpetrators have a surprise waiting for them this time.
April 09, 2022, 09:03:29 PM
April 09, 2022, 08:56:38 PM
I’m not the only fan of bitcoin curves.
Raise your hand if you are fan of bitcoin curves too.
https://twitter.com/bigseanharris/status/1512898495925133316?s=21
Raise your hand if you are fan of bitcoin curves too.
https://twitter.com/bigseanharris/status/1512898495925133316?s=21
April 09, 2022, 08:54:52 PM
Buddy blocked.
April 09, 2022, 08:03:28 PM
April 09, 2022, 07:53:43 PM
the Saturday evening wall report
bitcoin is up 1.3% today on modest weekend volume...currently trading at $42.7kish all though still down 10% over the last 12 days is at least showing some signs of support in the $42kish range
bulls will bull when they want but so far seem content roaming other pastures...with several alts showing notable gains
until the winds change, keep stacking sats as best you can imo
dyor
4h
D
stronghands
bitcoin is up 1.3% today on modest weekend volume...currently trading at $42.7kish all though still down 10% over the last 12 days is at least showing some signs of support in the $42kish range
bulls will bull when they want but so far seem content roaming other pastures...with several alts showing notable gains
until the winds change, keep stacking sats as best you can imo
dyor
4h
D
stronghands
April 09, 2022, 07:23:00 PM
Have fun! I have to admit, I have given this a lot of thought. And to be honest, I am still not exactly sure what the best ideas are. There are advantages to a clearnet node, but also TOR give interesting advantages as well! Particularly all the routing details get folded into TOR. No port forwarding etc.
The server you describe will be more than able to run bitcoind and lnd and/or cl. For sure.
One of the things that has puzzled me... I think my node has gone through these periods of time where it is routing TONS of payment... and then it will just dry up. The channel you and I have up seems to have routed about 40 millions SATS. Not bad. But I have another channel with (let's say) another prominent WOer that has routed NOTHING. Puzzles me a little.
But I have some fun with it all, really...
Anyway if you want, when you get the new one up, you are welcome to connect to either of my nodes... I can even do a little triangle with you and my 2.
The server you describe will be more than able to run bitcoind and lnd and/or cl. For sure.
One of the things that has puzzled me... I think my node has gone through these periods of time where it is routing TONS of payment... and then it will just dry up. The channel you and I have up seems to have routed about 40 millions SATS. Not bad. But I have another channel with (let's say) another prominent WOer that has routed NOTHING. Puzzles me a little.
But I have some fun with it all, really...
Anyway if you want, when you get the new one up, you are welcome to connect to either of my nodes... I can even do a little triangle with you and my 2.
Thanks! I'm planning to migrate my node to the new server without closing any channels though. This twitter thread inspired me.
EDIT: I just opened a 5M sats channel to your other node. What's the reason behind two nodes though, watchtower?
April 09, 2022, 07:22:35 PM
Quote
For the 4th time in Bitcoin's history we have entered the green zone.
The last 3 times this occurred the BTC bottom was already in and a massive bullish uptrend followed.
The last 3 times this occurred the BTC bottom was already in and a massive bullish uptrend followed.
https://mobile.twitter.com/TheRealPlanC/status/1512518212298104844
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