Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4826. (Read 26608069 times)

I have no problem at all with people wanting to know what I am up to.

Yes.  And, some peeps would love to receive more details regarding what you be up to.  I suppose you don't have any problems with that because you have nothing to hide, right?

Yes, it's mostly BS, as cAPSLOCK swiftly pointed out.


The way I see it, it's all good for bitcoin.

Hurr durr too much energy used for magic internet money... but wait... it's GREEN!
So now we have green(washed?) bitcoin in the form of an ETF. So go buy that if you want to save the planet.

However, what I care about the most about new ETFs is: physical backed, redeemable in kind (meaning: in corn)?

Physical backing is good for SEC (or equivalent) clearance, because it gives the issuer 100% insurance against wild price swings, which the honey badger is quite fond of. Redeemable in kind is good for OGs and hodlers of both actual corn and ETF shares, because it gives the OG/hodler good insurance against fuckery, and it forces the issue to buy some moar if anyone wants to redeem a chunk.

Unfortunately, nowhere in that Yahoo Finance article are these essential features mentioned.

The node I am working on today.  Takes 3.4watts.  It's on 24/7.  It costs less than 1 cent a day to run, and under 3 dollars a year.

It uses less energy than a nightlight.  It would be considered EXTREMELY environmentally friendly.

Are your nodes green capswock (Chinese cooking instrument)?  What about dee lighting ones?  The word lightning does not sound very green to me, either.   

I have exactly ZERO problem with this existing.  Just like if you want to buy only organic apples.  Or more apropos if you choose to buy your energy from a provider that buys 100% renewable to offset your use (They market this like you are actually using only renewable energy when in fact you are paying for the production, not the use of renewables... you house uses energy from coal, just like you next door neighbor who does not give a crap).

So if people want to participate in, and fund businesses that produce "GREEN" bitcoin?  Fine.

But the moment the market starts to try to differentiate between UTXOs, or some draconian legislation goes into effect.  Then I have a problem.

Thing is they will learn the hard way like everyone has who tries to attack bitcoin.  But it *could* delay the journey for all of us.

"carbon negative" mumbo jumbo.. what a bunch of baloney..

I have exactly ZERO problem with this existing.  Just like if you want to buy only organic apples.  Or more apropos if you choose to buy your energy from a provider that buys 100% renewable to offset your use (They market this like you are actually using only renewable energy when in fact you are paying for the production, not the use of renewables... you house uses energy from coal, just like you next door neighbor who does not give a crap).

"carbon negative" mumbo jumbo.. what a bunch of baloney.. I was on the fence whether to send a merit for a bitcoin related link.. but jeez.. I just get negatively affected by the content sometimes..and not really sure what I should say.. it's almost like in the earlier days when we used to get excited about anything mentioning bitcoin, and it took some of us a bit of time to realize that they weren't really saying bitcoin in some of the articles.. they were talking mumbo jumbo talk.. .. such as referring to blockchain or some other gobbledy-gook  ways of dancing around the bitcoin topic.. and sure some people say that anything is good for bitcoin, so I am not completely hostile towards any which way this pig might take me... (thanks again billyjoelallen)

Carbon-Negative Bitcoin ETF to Launch by Accelerate Financial Technologies

https://finance.yahoo.com/news/carbon-negative-bitcoin-etf-launch-112722279.html

It seems like Canadians are after all the ETFs left over by the USA...

Yeah...  But I wanted to offer to my brethren first...  Otherwise I will likely choose more randomly/anonymously.

You know that there are some guys in the lightning network threads who are connecting with each other too, right? 

Maybe other threads as well, but this one:
The Lightning Network FAQ

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The WO feels safe. Out there... ohh I don't like it out there. It's scary.

Jeah... why use bitcoin when you already have Money Transfer??

Well for this reason:

Cutting middlemen fees frees resources for the more important things.

HEY WOers!

I am cleaning out some of my problem channels on my little Raspiblitz node and am going to have some incoming liquidity to aim at new nodes.  I was starting to research what's out there that would likely increase my connectivity, and traffic.  And it's really hard to do... It's hard to see what channels would be USED by the network etc.

Then I had a thought!

Maybe one of you might want some inbound liquidity?  I certainly understand the whole OpSec angle etc... but I personally do not mind if you don't!  Particularly if you are a regular denizen here. 

So let me know...  In about 4 hours I will have as much as 3 million sats to open a channel with maybe more depending on if I close some more weak channels today cooperatively.  But would also be willing to go down to 500k.  My channel size philosophy has changed over the months.  I started out not really caring about size, then I set the min channel size i would accept at 1mm. And it's still there.  But with MPP active there are arguments for smaller channels as well.  But I think I still prefer aiming for 1mm at the lowest.

I am a "BOS" ranked node with a score of 11940298 putting it in the top 200 nodes. I expect that to go up a little bit as I add back the channels. I am well connected.  Well maintained on this little node, and plan to leave it up indefinitely.  I have a much larger node running on server hardware, but I might take that one down as it costs me money.  And if so, I may also migrate sats over to this little one.  But at the moment this little guy has about 2/3rds of a bitcoin liquidity, but heavily skewed to inbound liquidity, so opening a channel to you would help me!

Anyone interested?

PS.  I used to keep my channels fairly balanced.  But this is 1.  A LOT of work and not easy to do, and 2. Futile in my humble opinion.  My node keeps itself fairly well balanced with relatively ample liquidity on both sides.  So I do not care as much if channels get out of "balance" as long as they don't just sit dormant.  in fact some of my most active channels tend to have all the liquidity sitting on one side or the other of the channel and then whoosh over to the other side...

I like where you put the little elbow.  I surely do not know as much as you about technical things (I still have no idea what the ichimoku clouds are)... but it seems to me that somewhere between 50-56k might be a bit of a fight, but there is a certain point where not that much is holding honeybadger back...

Kind of a big deal indeed. Imagine all the remittances to the homeland slowly crossing over to bitcoin - for people working in the USA, EU, Japan sending their hard earned money to their families in South America, Africa, Asia. Of course, the government offering a tasty incentive (30$ for El Salvador) does help to push adoption, as does the promise of no commission. But even if there were small commissions, WU and other fiat mongerers are going to be toast if this thing takes off.

I've stopped using Coinbase. There are so many other exchanges even in the US that anyone can use.