Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3972. (Read 26714762 times)

Explanation

Man... them Ukrainians are so poor that they steal the russian tanks that invaded them. ROFL!


https://www.youtube.com/shorts/1yTQ_qlyVOs


*edit():  It is a good idea they have. When someone invades you, after they dead(or AFK), you can steal their sh!t.


*edit(2): "Tank" is a BTR I think.

Btw... here is some cuteness overlord: https://www.youtube.com/watch?v=H7LUnAzx75o

Ahah

Thats so true that Volvo is a Tank  or the Toyota.. VW Golf 2 ..these are really durable

Explanation

I have been running on a 16GB SD card since the beginning a couple years ago.  That is becomming not quite enough anymore.  So I moved the node over to a 128GB card.

Once the migration was done the bitcoind daemon is not reliably starting.  *sigh*

I have rebuilt the thing a couple times, and each time it's the same... so for NOW I just am bring it up manually after a reboot.  And voila, it's working like a charm.

So you should see my node again now.  Hopefully.  Though I still have some work to do to understand why the damn thing is not coming up after a reboot... seems almost like tyhere is a window of time where the daemon's pid file (stored on the HDD) cannot be written at first...  Anyway.  I will deal with this later.  Now it's time for a nap.

Whoever designed that Y axis needs a slap. In fact the price labeling is fucked up all over the chart. Is this someone that's trying to present themself as professional?

Edit: I thought this was going to be a kid but this Bianco guy is old enough to know better.

Explanation

Yeah. To me. Again  

sleep well, fellas

daily and weekly moving averages

dyor

D


W

stronghands

... SWIFT was set up after Bretton Woods gold-backed (low-trust) system was trashed by nixon, SWIFT is essentially a centralised trust model messaging system for fiat settlement initiation .... think of a1970's tech insecure, trust-based, centralised shitcoin version of bitcoin for global interbank messaging and initiating settling of trades

... we are witnessing the beginning of the end of SWIFT, if they cut Russia off, they will cut anybody off. Cororally to that is the Nash equilibrium that underpins SWIFT is broken and any/all bad actors are no longer disincentivised from attacking the big, fat insecure target that the globe uses for interbank settlements

#LNMETA

Having a much easier time handling the node setup this time around. Even finding that I've managed to somehow strike a balance between c-otto and ln.nicehash doing their back and forth deal - Had to set the ln.nicehash fees to something outrageous, as they are a massive liquidity drain. Very surprised to see traffic starting to flow back my way.

cAPSLOCK is offering some very active inbound liquidity (dude, check your nodes, both are down), as are some other folk who have connected to me, and even transacting at my default 1000/250 rates upon connecting - Not going to complain AT ALL.

So far, since getting back on this ride, with a different strategy, I'm happy to report I'm pulling in on average an S9 in mining fees per day, and that is with 100% organic hand-management of each channel.

Spoke to Rick more about "solving the problems" I'm wanting to solve, and we recognized it's a script that's going to need to be able to fire off after every transaction, and how to reasonably deal with the asynchronous state of how LN works, and overcoming those issues (eg: If we're presently evaluating the node state after a transaction, and we get another transaction, do we interrupt the current script, or let it finish? Performance related problems etc etc)

Anyway, lower priority now. Lots of work to be done on the ranch kinda thing, and I'm able to hand-manage the node in this configuration with minimal stress.

By the way... have you guys ever heard about this thing called bitcoin?

For sure, we cannot really be sure if really dire consequences could cause bitcoin to underperform and even to crash worse than historical levels.

In the past days, I did make some adjustments to my BTC orders in an attempt to continue to account for various uncertainties regarding which way the BTC price might go.

Yeah there has been doom and gloom, and still we have not quite breached below the 100-week moving average which is currently at about $32k, and arguably the 100-week moving average would be the bottom for any bull market correction.. so then the claim seems to be that we might no longer be in a bull market - and even to make this more clear is the uncertainties of the global macro-situation.. so therefore, we have to consider the 200-week moving average (which is currently at $20k).  

My most recent adjustment to my various buy/sell orders has been to keep my buy orders down to the 200-week moving average, but for some of my own cashflow expectations/needs, to consider that I would be able to remove the lowest of my buy orders as the 200-week moving average will be expected to continue to go up... with the passage of time.

I am also considering that I might want to maintain whatever low ball buy orders that I have to remain at least 10% below the 200-week moving average in case there could be short-term spikes below such level.  With this, currently, I am not creating any BTC buy orders below $20k, but I am currently considering keeping my buy orders down to $20k until the 200-week moving average moves at least above $22k - which would be maintaining 10% below the 200-week moving average, and sure it could take a month or two or more for the 200-week moving average to move above $22k.. and of course, the higher the current spot price is above the 200-week moving average, then the faster the 200-week moves up.. and the opposite is true too.   

Of course, even my own financial and psychological well-being is not going to be feeling too comfortable if the BTC spot price were to start to get anywhere close to reaching the 200-week moving average (which would also cause the 200-week moving average to move up more slowly than it's current overall pace which has been historically overall around 75% per year), and even visiting and revisiting BTC spot prices around the 100-week moving average is depressing enough... but seems to me that it is better to continue to attempt to prepare for either direction ahead of time.. and even for potentially dire scenarios or even scenarios that are considered to be less likely, and hopefully the preparations are somewhat reasonable and personally -ailored to each of our own situations.

I don't really like talking about DOWNity BTC price scenarios... and our current red candle dipping from $38,800 to $37,500 in the past 45 minutes (as I type this post) is not comfortable either...

Explanation

Somebody's selling cheap. Again.