Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4477. (Read 26709875 times)
November 14, 2021, 01:01:32 AM
November 14, 2021, 12:34:57 AM
It's stupidly addictive for some weird reason. Maybe you need an LND node, you're running CL yes?
Running Umbrel, which is LND based. I like it. Will continue to run it until I find a compelling reason not to, now that it's all set up, and "stable" - no major liquidity drains I can identify, aggressive pricing for major nodes. Will see how it plays out now that the board is properly set up, so-to-speak.
Rick and I are heading out of town for a few days coming up, so kinda nervous about leaving the node alone, that long, but will see what happens. If I get drained again on a major channel, so be it - I'll figure it out on the next go-around type deal. In theory...
Zero desire to set up CL, or another flavor for academic purposes. Too much of a management nightmare already with one node.
Totally get that. I am not sure why I started a 2nd one again. Lol. I just shut the original one down to have just one! I would not worry about your trip... the node will be fine. Even in the worst case scenario you are back in time to fix it. But that's not gonna happen.
November 14, 2021, 12:30:13 AM
It's stupidly addictive for some weird reason. Maybe you need an LND node, you're running CL yes?
Running Umbrel, which is LND based. I like it. Will continue to run it until I find a compelling reason not to, now that it's all set up, and "stable" - no major liquidity drains I can identify, aggressive pricing for major nodes. Will see how it plays out now that the board is properly set up, so-to-speak.
Rick and I are heading out of town for a few days coming up, so kinda nervous about leaving the node alone, that long, but will see what happens. If I get drained again on a major channel, so be it - I'll figure it out on the next go-around type deal. In theory...
Zero desire to set up CL, or another flavor for academic purposes. Too much of a management nightmare already with one node.
November 14, 2021, 12:25:56 AM
My body is ready.. bring me the girth!
03562bdcf00fe0cf44e8a491a8c9b26f31c4e45c9a88cdfd6a2f0f2550a304c73e@3q2flaqwpu7ssxlgbrzaxx6622d2fuwhmstprskfchkfofzwxz5dntad.onion:9736
03562bdcf00fe0cf44e8a491a8c9b26f31c4e45c9a88cdfd6a2f0f2550a304c73e@3q2flaqwpu7ssxlgbrzaxx6622d2fuwhmstprskfchkfofzwxz5dntad.onion:9736
Just docked 0.05 BTC with you.
Mmmm... feelsgoodman.gif
Thoughts on Taproot?
All part of the NGU technology upgrade.
I appreciate the incoming liquidity, sir.
Glad to open more to you if/when you need it. Just opened my biggest channel ever... and accidentlay. lol. I was meaning to open to FOLD and I opened to LOOP. Heh. Slightly drunk.
Y'all want to do a liquidity triangle. I'm a top 10 BOS-listed node.
Of course! I have a BOS ranked node too, and Bob is up in your neighborhood. But I am filling out the new CL node. Will open a channel of ANY size.
Actually.. to Bob opened a channel to me already. I could open to you, and you to him? If we want to be symmetrical its 5MM sats. Let me know! I am up noodling.
November 14, 2021, 12:19:15 AM
we did it
November 14, 2021, 12:18:27 AM
...
mempool.space still has their lil ol fireworks show still running...
mempool.space still has their lil ol fireworks show still running...
November 14, 2021, 12:17:59 AM
Taproot activates in the next couple blocks!
Get ready for green dildos... and stuff.
EDIT: Also, 100 channels even, on my LN router. I'm done. No more.
(...for now?)
Get ready for green dildos... and stuff.
EDIT: Also, 100 channels even, on my LN router. I'm done. No more.
(...for now?)
It's stupidly addictive for some weird reason. Maybe you need an LND node, you're running CL yes? Just kidding. Really kidding... you have a nice node already! And I am starting to think CL might be the better software, though there are several subtle and interesting differences.
I have not figured out how, but I sort of wonder if having a good established lightning nod might be the kind of thing people WISH they did early.
Or maybe it's just a pain in the ass... I dunno.
November 14, 2021, 12:17:32 AM
Schnorr signatures are go!
November 14, 2021, 12:16:09 AM
BOING!
November 14, 2021, 12:01:24 AM
November 14, 2021, 12:01:12 AM
My body is ready.. bring me the girth!
03562bdcf00fe0cf44e8a491a8c9b26f31c4e45c9a88cdfd6a2f0f2550a304c73e@3q2flaqwpu7ssxlgbrzaxx6622d2fuwhmstprskfchkfofzwxz5dntad.onion:9736
03562bdcf00fe0cf44e8a491a8c9b26f31c4e45c9a88cdfd6a2f0f2550a304c73e@3q2flaqwpu7ssxlgbrzaxx6622d2fuwhmstprskfchkfofzwxz5dntad.onion:9736
Just docked 0.05 BTC with you.
Mmmm... feelsgoodman.gif
Thoughts on Taproot?
All part of the NGU technology upgrade.
I appreciate the incoming liquidity, sir.
Glad to open more to you if/when you need it. Just opened my biggest channel ever... and accidentlay. lol. I was meaning to open to FOLD and I opened to LOOP. Heh. Slightly drunk.
Y'all want to do a liquidity triangle. I'm a top 10 BOS-listed node.
November 13, 2021, 11:50:21 PM
My body is ready.. bring me the girth!
03562bdcf00fe0cf44e8a491a8c9b26f31c4e45c9a88cdfd6a2f0f2550a304c73e@3q2flaqwpu7ssxlgbrzaxx6622d2fuwhmstprskfchkfofzwxz5dntad.onion:9736
03562bdcf00fe0cf44e8a491a8c9b26f31c4e45c9a88cdfd6a2f0f2550a304c73e@3q2flaqwpu7ssxlgbrzaxx6622d2fuwhmstprskfchkfofzwxz5dntad.onion:9736
Just docked 0.05 BTC with you.
Mmmm... feelsgoodman.gif
Thoughts on Taproot?
All part of the NGU technology upgrade.
I appreciate the incoming liquidity, sir.
Glad to open more to you if/when you need it. Just opened my biggest channel ever... and accidentlay. lol. I was meaning to open to FOLD and I opened to LOOP. Heh. Slightly drunk.
November 13, 2021, 11:45:43 PM
Taproot activates in the next couple blocks!
Get ready for green dildos... and stuff.
EDIT: Also, 100 channels even, on my LN router. I'm done. No more.
(...for now?)
Get ready for green dildos... and stuff.
EDIT: Also, 100 channels even, on my LN router. I'm done. No more.
(...for now?)
Yeah, I think I'll stay up and watch for a while. As of now, mempool.space says three more blocks.
Please fill us in at some point with how Taproot works for your LN.
BTC price just crossed $65,000.
November 13, 2021, 11:45:26 PM
Taproot activates in the next couple blocks!
Get ready for green dildos... and stuff.
EDIT: Also, 100 channels even, on my LN router. I'm done. No more.
(...for now?)
Get ready for green dildos... and stuff.
EDIT: Also, 100 channels even, on my LN router. I'm done. No more.
(...for now?)
November 13, 2021, 11:44:07 PM
The only thing that leaves me confused is that BTC is legal tender in El Salvador, and the blueprint of the law defines selling as "changing into a legal tender".
So maybe BTC is an exception to the rule and "taxically" untouchable?
So maybe BTC is an exception to the rule and "taxically" untouchable?
... or maybe the lawmaker could argue when you buy bitcoin or swap some shitcoin for bitcoin, you're also "cashing out" the (crypto)currency into a legal tender - so you owe CGT.
You never know what byzantine concepts the lawmakers are going to come up with.
Lawmaker could easily argue you owe them BTC tax, if you make BTC profits from alts. The only reason in other countries that BTC based profits are not taxed is because they don't accept Bitcoin as currency. In summary, you can't send them profits that they don't or can't accept. El Salvador have taken a different role it seems, they accept your Bitcoin profits from altcoins I image, and will probably expect it as well.
This is probably one of the only downsides of a nation accepting Bitcoin as currency, having to send them BTC from altcoin profits... it also sounds like a small price to pay in the long-term.
However does this mean you don't owe tax from fiat currency profits, if you return it to the nation's currency? It's confusing
It sounds to me like you have a preoccupation with shitcoins. Your previous voluminous post about falling bitcoin dominance being likely to prevent further BTC v fiat gains; a chart to try to show some similar point; and now trying to argue that a downside of El Salvador's pioneering move to accept bitcoin as legal tender is that you might have to pay tax on profits from shitcoins.
As I said, I was theorising that shitcoin profits might have to be paid in Bitcoin - and that it's a small price to pay. You realise this would make it less of an incentive to invest in shitcoins right?
Otherwise the recent corrections in Bitcoin dominance has decreased fiat values, this is fact not opinion. The chart really doesn't show that, but for those who are more in tune with BTC's price movements in relation to it's dominance, have probably noticed the correlation by now, as it's the inverse of the previous altcoin season, DYOR. I understand that facts can be hard to hear or read, but it still doesn't make it an opinion I'm afraid.
Do you have some heavy bags of shitcoins, by any chance?
more shitcoin talk
November 13, 2021, 11:38:38 PM
Taproot activates in the next couple blocks!
Get ready for green dildos... and stuff.
EDIT: Also, 100 channels even, on my LN router. I'm done. No more.
(...for now?)
Get ready for green dildos... and stuff.
EDIT: Also, 100 channels even, on my LN router. I'm done. No more.
(...for now?)
November 13, 2021, 11:29:30 PM
This isn't intended as an attack on Bitcoin, but a realisation that altcoin dominance has become problematic to gaining older investors. This is simply what I believe. First the altcoin profits as well as liquidity need to move back to Bitcoin, as part of a Bitcoin season. This is what will give confidence to newcomers as to which is the most relevant cryptocurrency to invest in.
Fuck them relics, if they still don't get it after all these years we don't have the time to explain it to them!
Personally, I'll always make an effort for a 10% take on profits (never initial investment, that's just dumb). So many "relics" are desperate for information and advise, and how to gain BTC exposure, because they have absolutely no idea how to. Obviously Bitcoin will continue without them regardless, but personally I prefer to take the time to help these people, in order to help myself at the same time
So far, I have 100% satisfaction rate from customers, mainly Millennials and Gen Z. But they are well saturated now, and know how to use the Internet. Boomers are the next target audience...
Have fun with that, I got tired of them years ago.
November 13, 2021, 11:01:23 PM
November 13, 2021, 10:38:32 PM
This isn't intended as an attack on Bitcoin, but a realisation that altcoin dominance has become problematic to gaining older investors. This is simply what I believe. First the altcoin profits as well as liquidity need to move back to Bitcoin, as part of a Bitcoin season. This is what will give confidence to newcomers as to which is the most relevant cryptocurrency to invest in.
Fuck them relics, if they still don't get it after all these years we don't have the time to explain it to them!
Personally, I'll always make an effort for a 10% take on profits (never initial investment, that's just dumb). So many "relics" are desperate for information and advise, and how to gain BTC exposure, because they have absolutely no idea how to. Obviously Bitcoin will continue without them regardless, but personally I prefer to take the time to help these people, in order to help myself at the same time
So far, I have 100% satisfaction rate from customers, mainly Millennials and Gen Z. But they are well saturated now, and know how to use the Internet. Boomers are the next target audience...
November 13, 2021, 10:32:31 PM
This isn't intended as an attack on Bitcoin, but a realisation that altcoin dominance has become problematic to gaining older investors. This is simply what I believe. First the altcoin profits as well as liquidity need to move back to Bitcoin, as part of a Bitcoin season. This is what will give confidence to newcomers as to which is the most relevant cryptocurrency to invest in.
Fuck them relics, if they still don't get it after all these years we don't have the time to explain it to them!
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