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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4024. (Read 26713421 times)

hero member
Activity: 758
Merit: 1844
I've spent far more than that trying to re-balance my channels. I can understand your frustration.
It's fun though, I just need to figure out how to handle re-balancing and setting channel fees a little bit better first. Seems like I have gotten myself a new hobby.

I gave up using LOOP (too expensive) and circular rebalance (too unreliable), and have found that setting default or low fees works as a good "organic" way of tempting transactions to route your way. Once you see activity, and liquidity starting to empty out your way, start cranking your rates.

My strategy of setting stupid low fee's to regain drained liquidity back to my end is proving problematic with popular sites like ln.nicehash - Can't seem to get it more than ~250,000 sats stabilized on my end before 10k sat transactions start wiping it out again back towards empty.

Oh well. Back to rolling this boulder uphill...



I mean, look at these fucking fees holy cow



Sometimes the fees are not enough to cover the lost productivity at work!.. I can spend hours and hours adjusting and micro managing it…

I am starting to close smaller older channels that have been inactive, even with fees set to a ridiculous amount of 1000/1 nothing moved!… I guess that nodes connects were not that active or well connected…

I find LOOP to be annoying, closes channels randomly… gave up in them last month!…

Aren’t you glad I dragged back down this rabbit hole!
 
legendary
Activity: 2380
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legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
I've spent far more than that trying to re-balance my channels. I can understand your frustration.
It's fun though, I just need to figure out how to handle re-balancing and setting channel fees a little bit better first. Seems like I have gotten myself a new hobby.

I gave up using LOOP (too expensive) and circular rebalance (too unreliable), and have found that setting default or low fees works as a good "organic" way of tempting transactions to route your way. Once you see activity, and liquidity starting to empty out your way, start cranking your rates.

My strategy of setting stupid low fee's to regain drained liquidity back to my end is proving problematic with popular sites like ln.nicehash - Can't seem to get it more than ~250,000 sats stabilized on my end before 10k sat transactions start wiping it out again back towards empty.

Oh well. Back to rolling this boulder uphill...



I mean, look at these fucking fees holy cow



EDIT: Rebooted after adjusting the following in my lnd.conf

minchansize=5000000
bitcoin.basefee=1000
bitcoin.feerate=100
bitcoin.timelockdelta=18


Gained another two "vampire" channels that connected at the "1000/1" defaults overnight, and threw some delicately balanced shit out of whack... Goddamnit.
legendary
Activity: 1974
Merit: 2124
Invest wisely as this picture speak thousands words and enough for those who are speaking shit about bitcoin being risky and gold safe heaven :



Think before you speak and research about bitcoin at first also you guys will understand about it.
legendary
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legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
@PricedinBTC
You spend 14 years of life attending school for 8 hours/day.

Then you go to college and “study” useless information.

After that you spend 8 hours a day at a corporate job until your 65 or dead.

Fiat created time prisons.

#Bitcoin  is the 🔑
https://twitter.com/pricedinbtc/status/1494153786260131842?s=21


@LilMoonLambo
Charlie Munger: I’m proud for not investing in crypto

https://twitter.com/lilmoonlambo/status/1494043718025891840?s=21


@BlockWorks_
🚨 Walmart Board Director: Crypto’s potential is huge and its use cases go beyond the financial sphere 🚨

Via @jacqmelinek
https://twitter.com/blockworks_/status/1494067534584324098?s=21


@HodlMagoo
#Bitcoin  being front run by the disenfranchised and dismissed by the elites like Charlie Munger, tells you everything you need to know about what #Bitcoin  is.
https://twitter.com/hodlmagoo/status/1494075805286207493?s=21


@KevinSvenson_
The change in trend
The change in sentiment
The change in market behavior

is undeniable now.

The 'Disbelief' stage is upon us
#Bitcoin

https://twitter.com/kevinsvenson_/status/1494095175492280326?s=21


@coinbureau
Orange Pill Moment: Realising that the money in your bank account isn't really yours and never really existed in the first place 💊

#Bitcoin
https://twitter.com/coinbureau/status/1494251125133959168?s=21


@DocumentingBTC

"#Bitcoin  in America and Europe, there’s a desire for it.

#Bitcoin  in Latin America and Africa, there’s a necessity for it."

 — @jack

https://twitter.com/documentingbtc/status/1494025304070930442?s=21



legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
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legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
[...] Do you really believe that various govts around the world are going to be giving back various freedoms to people.. travel, assembly movement, once they have been able to take them away and cause people to be scared of other people..?   That would be nice, but seems that governments tend to be quite disinclined to give back freedoms after they have been successful in taking  them away.. .. and for sure I am not any kind of anti-govt person.. but there are some sickening aspects to some of these expectations of compliance matters and the shutting down of speech and the intensities of some of the deplatforming and deplatforming attempts.
I would not say that temporary restrictions on movement are a blow to freedom, since such a policy primarily affects finances ... I think no one will argue that money is the main factor of power in the global world order. In addition, I would agree with you if we lived in the 16th or 19th century, during the time of those pandemics whose names I don’t even want to name.

I like to delve into the details of world history, so I can draw a parallel between the current state of affairs and the total restriction of civil liberties in the past. Unlike past pandemics, a pandemic of a type like Covid is not capable of breaking economic ties between countries, and as a result, there can be no question of long-term economic consequences. I would add to this the fact that an ordinary person like me does not feel the economic downturn and the far-reaching consequences of this stagnation, (keep in mind I say this as a person who lives very modestly). Btw, speaking of severed economic ties ... the pandemic still played into the hands of the United States because for them this is a great opportunity to distance themselves from China by moving production home.

I am not necessarily asserting that governments had historically refrained from attempts to control people, there were just a lot of difficulties in terms of the kinds of way that people could be tracked or blocked, and of course, self-sustaining farms would run the risk of pillage... 

In recent times, the internet has truly allowed for mobility in a lot of ways and even living in various remote locations - perhaps using google translate to assist, too. 

There have frequently been attempts at controlling the movement of wealth - and even in recent times, prior to bitcoin, the capital controls could be used to limit mobility - but air travel being more affordable, even governments realize that jurisdictional arbitrage becomes more possible.. and surely some passports have more possibilities than others - even if there has been a decent amount of juggling mobility since March 2020-ish.. yeah.. more than some of the juggling that had been occurring after September 2001.

I am not claiming to have any of the answers, but I am not going to poo poo the various restrictions and try to keep faith that everything is o.k.. and everything will return back to pre-March 2020 - to the extent that more free movement was possible at that time. 

I guess my main points were just attempting to suggest that we are having a lot of issues (even if we cannot agree on the issues), and various governments are showing kinds of desperation and even alliances in terms of going along with some of the ways to attempt to control populations more and to create and maintain geo-mobility obstacles... . Of course, maybe some of the western countries are getting a taste of their own medicine in terms of losing more mobility than had already been restricted in a lot of other countries.. so some countries already had a lot less mobility abilities, even if they could get their finances together.

For those folks who were not planning to travel, they might find fewer issues with whatever may be happening.. and surely even some folks in this thread are considering that various aspects of the various versions of the "official story" are adequately acceptable.. and surely any of us can be susceptible to view some of these matters within some of the political channels that we might find to be more credible and just consider that the "other side" is lying.

I had already mentioned that I was more than willing to give a lot of benefit of the doubt to the virus story - but after about a year, several of the claims started to fall apart.. especially after the introduction of the various vaccines.. and the longer that the vaccines were in effect, the contradictions became more and more difficult to resolve.. so making it difficult to believe various aspects of the variations and weaving channels of "the ever changing official story."
sr. member
Activity: 378
Merit: 889
Not against it just not sure if it is good or not good.

...and this is partly the reason I'm so frustrated and becoming overwhelmed.

I don't know how to answer any of your questions at this time. I'm going down a strange rabbit hole, and it's entirely uncomfortable to say the least.



I'm impressed that you have managed to generate such nice returns.

Yesterday I had my first routing event. Up until now I've had 60 events generating a total of 617 sats. However, I've spent far more than that trying to re-balance my channels. I can understand your frustration.

It's fun though, I just need to figure out how to handle re-balancing and setting channel fees a little bit better first. Seems like I have gotten myself a new hobby.
legendary
Activity: 1456
Merit: 5874
light_warrior ... 🕯️
[...] Do you really believe that various govts around the world are going to be giving back various freedoms to people.. travel, assembly movement, once they have been able to take them away and cause people to be scared of other people..?   That would be nice, but seems that governments tend to be quite disinclined to give back freedoms after they have been successful in taking  them away.. .. and for sure I am not any kind of anti-govt person.. but there are some sickening aspects to some of these expectations of compliance matters and the shutting down of speech and the intensities of some of the deplatforming and deplatforming attempts.
I would not say that temporary restrictions on movement are a blow to freedom, since such a policy primarily affects finances ... I think no one will argue that money is the main factor of power in the global world order. In addition, I would agree with you if we lived in the 16th or 19th century, during the time of those pandemics whose names I don’t even want to name.

I like to delve into the details of world history, so I can draw a parallel between the current state of affairs and the total restriction of civil liberties in the past. Unlike past pandemics, a pandemic of a type like Covid is not capable of breaking economic ties between countries, and as a result, there can be no question of long-term economic consequences. I would add to this the fact that an ordinary person like me does not feel the economic downturn and the far-reaching consequences of this stagnation, (keep in mind I say this as a person who lives very modestly). Btw, speaking of severed economic ties ... the pandemic still played into the hands of the United States because for them this is a great opportunity to distance themselves from China by moving production home.
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
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legendary
Activity: 3962
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Self-Custody is a right. Say no to"Non-custodial"
[edited out]

Man, what's ur problem? EU countries are dumping/discontinuing vaccination certificates for good. Other countries most likely to follow. Ur ridiculous theory of neverending vaccine boosters and concentration camps for the unvaccinated is crumbling into bits and pieces. We are going back to normal. Enjoy life! We've won the battle with the virus. Smile and have a good time! Life goes on so stop this antivaxx bs!  Cool

For sure, I don't completely buy Marcus's rendition of events.. but he is coming off as quite a bit less crazy now as compared to two years ago when he was saying similar things in early 2020.

Various government reactions have been draconian as fuck in regards to both their response to the virus, and also their seeming to have exaggerated and lied about a lot of things related to the virus and the supposed effectiveness of various vaccines and other treatments that have been (and continue to be) rammed down various throats...

about a year into the vaccines, it was already seeming to show various contradictions in the messages....  

Are governments really going to stop with the various mandates.. ?  I hope so.

Are we going back to normal or something that was closer to what we had prior to March 2020?  I hope so.

We all know that a lot of travel rights were removed after September 2001 in accordance with various false pretenses (at least we should be able to recognize that a lot of those various controls that went into place after September 2001 were overblown and never really rolled back in any kind of meaningful way).

Do you really believe that various govts around the world are going to be giving back various freedoms to people.. travel, assembly movement, once they have been able to take them away and cause people to be scared of other people..?   That would be nice, but seems that governments tend to be quite disinclined to give back freedoms after they have been successful in taking  them away.. .. and for sure I am not any kind of anti-govt person.. but there are some sickening aspects to some of these expectations of compliance matters and the shutting down of speech and the intensities of some of the deplatforming and deplatforming attempts.

Seems to me that peeps are less inclined to even want to talk to other people in the real world...

Govts love those kinds of dynamics of causing fear and internal fighting amongst the plebs while they continue to reel from fear regarding abilities to keep financial systems from crashing...?  freedom from the powers of bitcoin too.,. do you believe that these various other battles in social systems are not related to desires to control the finances of normies too?

yeah.. maybe you have some personal issues with marcus.. and maybe he can be a bit less confrontational in his various presentations of matters... but there seems to be quite a bit of truth in several matters that he is pointing out, even if he is not getting all of the details correct.. or reaching some extreme conclusions...
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
... vaccine mandates are front and square for the discussion here and always have been, not even a little tangential, with losses of freedoms and bitcoin as a solution, sorry if you don't get it but I don't have time to explain it all here

... the plan is to maintain vaccine mandates, QR code digital identity aka "health passports", on the law books as they are making the covid shots required annually, even though they are dangerous and don't do anything better than natural immunity in Omicron era

... anybody protesting vax mandates will have bank accounts frozen at will by an army of keyboard gestapo in "national security command central" (really just some dweebs with laptops set up in basement somewhere), no court process, no money, no job ... but it's your "choice" ... they may just give your account a 10% haircut if you don't get vaxxed and say be happy you have anything you dirty unvaxxed, hateful human scum

... next phase is about financial repression to ramp up fear again before vax mandates get rolled back

... Canada leads the way, cyberattacks (or bank runs), same difference are coming it looks like, Ukraine cyberattacks started yesterday after the "war"/"invasion in this week" was another lie

Canadian banking outages
https://twitter.com/jamesmelville/status/1494092820260532227

Quote
What the hell is happening to Canada’s banks right now?

Ukraine bank cyberattacks
https://www.reuters.com/world/europe/ukraine-reports-cyber-attack-defence-ministry-website-banks-tass-2022-02-15/

...just like coranavirus pandemic they war game for it in the open so you can't say you weren't warned
https://www.reuters.com/markets/europe/exclusive-imf-10-countries-simulate-cyber-attack-global-financial-system-2021-12-09/


https://www.youtube.com/watch?v=L4OtkPvKfsU ... but with the idiots in charge at least you'll get some laughs when their beautiful plans collapse in a heap

Man, what's ur problem? EU countries are dumping/discontinuing vaccination certificates for good. Other countries most likely to follow. Ur ridiculous theory of neverending vaccine boosters and concentration camps for the unvaccinated is crumbling into bits and pieces. We are going back to normal. Enjoy life! We've won the battle with the virus. Smile and have a good time! Life goes on so stop this antivaxx bs!  Cool
legendary
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legendary
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legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3920
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Eadem mutata resurgo
... vaccine mandates are front and square for the discussion here and always have been, not even a little tangential, with losses of freedoms and bitcoin as a solution, sorry if you don't get it but I don't have time to explain it all here

... the plan is to maintain vaccine mandates, QR code digital identity aka "health passports", on the law books as they are making the covid shots required annually, even though they are dangerous and don't do anything better than natural immunity in Omicron era

... anybody protesting vax mandates will have bank accounts frozen at will by an army of keyboard gestapo in "national security command central" (really just some dweebs with laptops set up in basement somewhere), no court process, no money, no job ... but it's your "choice" ... they may just give your account a 10% haircut if you don't get vaxxed and say be happy you have anything you dirty unvaxxed, hateful human scum

... next phase is about financial repression to ramp up fear again before vax mandates get rolled back

... Canada leads the way, cyberattacks (or bank runs), same difference are coming it looks like, Ukraine cyberattacks started yesterday after the "war"/"invasion in this week" was another lie

Canadian banking outages
https://twitter.com/jamesmelville/status/1494092820260532227

Quote
What the hell is happening to Canada’s banks right now?

Ukraine bank cyberattacks
https://www.reuters.com/world/europe/ukraine-reports-cyber-attack-defence-ministry-website-banks-tass-2022-02-15/

...just like coranavirus pandemic they war game for it in the open so you can't say you weren't warned
https://www.reuters.com/markets/europe/exclusive-imf-10-countries-simulate-cyber-attack-global-financial-system-2021-12-09/


https://www.youtube.com/watch?v=L4OtkPvKfsU ... but with the idiots in charge at least you'll get some laughs when their beautiful plans collapse in a heap
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