Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6556. (Read 26723997 times)

legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Enough rant about NAS, BTC doesn't mind where you store it as long as you have a copy of the seed on paper  Grin

There is that rule of backups, like 2 copies and 3 locations or some variation. If you only have one NAS at home, you better make it double, essentially one is a mirror or backup of the first one. Then, ideally, you have something offsite, or at least some distance away.

I also have an HP DL 380 G7 I got a few years ago. The only issue I have is it does not like non-HP drives and makes the fans go 100%, so I had to hack the fans to make them quiet or something.


As for the seed on paper, this is my procedure now.

1. print or write seed on paper.
2. paint both sides of paper with diluted elmer's glue to seal it.
3. after that's dry, put it in epoxy resin.

Now that's water proof, but not fireproof. So you can get either fireproof container or safe or envelope, or make sure it is surrounded by at least 1 to 2 inches of concrete on all sides (think of John Wick burying his gold coins in his basement, that will survive a house fire.)
legendary
Activity: 4004
Merit: 4656
People "should" root for a correction because we are already overextended on a temporary basis and if we would keep going vertically UP, then we will reach the "blue" NUPL sooner than later and undergo a large correction. This ALWAYS happened before.

Having a "nice" 19% correction to 23Kish would allow up to keep going much further.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
By the way... right now, with our current movement of corn, I can anticipate that some members might either be suggesting that we go sideways from here or considering that we might go sideways from here.. which is largely within a range of $25,700 and $28k.


Think about it guys, before you post it.

Bitcoin no doesn't work like dat.

We continue to be at the top of the range.

So sure, if we were to correct either back into no man's land or maybe some variant slightly above noman's land (remember that "no man's land" is somewhere in the ballpark of $17,250 to $23,500), then maybe some consolidation and flat could play out in those price territories in the coming several months.

So currently, we seem to be in a short term limbo in terms of figuring out which way gonna be happening with dee corns in the coming week or two or 3-4 at most... more likely on the shorter end of the range.  Going up?  Going down?  Flip a coin, but the odds seems slightly in favor of UPpity (until they are not).....  Tongue Tongue Tongue Tongue

legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Moving is complicated. A big problem is you may have family/friends/whatnot at the old place who you can fall back on if things go weird short-term. Move to a new place and that's not there. So the lack of any kind of a safety net (social or financial) keeps people from just being able to "move".

That's totally not counting the xenophobic nature of people to reject anyone new in their community.
sr. member
Activity: 505
Merit: 270
Don't Trust, Verify
legendary
Activity: 4004
Merit: 4656
I agree with @JJG, some people cannot move due to their personal situation, and when they move en masse-we have terrible problems.
Large scale population move is something close to impossible, unless you are going into an unoccupied space, like Mars.
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
..

Bitcoins? Who said anything about bitcoins? I was thinking about different types of corn. But I'm sure you see.

Ah.... :-)
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Oh I miss the times it snowed in NL.... So beautiful...


how can this world be so unfair? Africa:



here in africa we have to live with air conditioning inside the house because the heat is very high, it looks like the sun decided to punish the Africans

It's not the world that is unfair, the world does not give a fuck.
It's the people that's stupid. If you don't like super hot climate, move somewhere else, if you don't like super cold climate, move somewhere else, but don't whine about your situation and do nothing about it.

You might have a little bit of a point, Arriemoller.  Seems to me that there are people who might NOT have a whole hell of a lot of geographical mobility, and there are also people who attach a decent amount of value to their familial roots or whatever else might be keeping them in a certain geography... .... in other words, geographical mobility has costs, too... and many of those costs are subjective... which should not take a way from (or justify) any such geographically bound person from complaining that s/he might prefer some better climate circumstances for his/her lil selfie..
legendary
Activity: 4004
Merit: 4656
In memoriam...of something

https://www.trustnodes.com/2020/12/29/sec-sinks-xrp

Say what you want about that shitcoin, but the wanton destruction of monetary value (maybe wrongly attributed, I agree) is not something that I adore.
Honestly, if this would eventually cause SEC demise as a regulatory agency, so be it (see quotation).

Quote
XRP perhaps couldn’t withstand this injustice, but few can commend the way SEC went about enforcing it, even if they do agree.
Where coders are concerned, this is just another round they don’t even care about in a long running battle. The question is: will SEC be destroyed in the end?
You can not just wipe out tens of billions without courting hate, especially when the institution was already hated due to its investment prohibitions injustice inscribed in its very foundations.

The 'subtracted' value is obviously flowing mostly into bitcoin plus 2-3 s-coins (for now) .


I don't see how the ethereum pre-sale and issuance schedule makes it anything different than a security.

After ripple SEC will surely have ether in it's sights. Forever looking over their shoulders now.

Absolutely, especially since there is, apparently, no time frame limitations.
Another point to mention-i got a link to FTX from somewhere and there it was: USA is in an "interesting" group, together with N korea, iran, Crimea, etc.
Same for many other investment sites (Deribit comes to mind).
We are being cordoned off-all thanks to SEC and their malcontented Howey test, which should have been buried decades ago.
Add to that the concocted 'accredited investor' statute.
It's like you want darwinian evolution, but handicap some people in the race.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
@BitcoinTweeting
#Bitcoin went from $9,600 to $28,000 after the Federal Reserve said:

https://twitter.com/bitcointweeting/status/1343966412902195200?s=21
legendary
Activity: 2955
Merit: 1050
Re: NAS

Now I understand that not everybody has a 19" rack in the basement (though these can be had very cheap too :-)) or even a separate room to place a loud beast like this in. Still, all these NAS products that I have had my hands on over the years totally and royally sucked and gave me a very bad price/performance ratio. Avoid them if you can, maybe build something yourself, load FreeNAS or whatever, everything is better than these shitty towers of future misery due to data loss.

freenas on supermicro low power xeon mobo ftw. mix of spinners, ssds, and external usb drives in a shortie 19" rack case. 64 gigs ECC ram expandable to 128gigs. ZFS file system rocks imo

back it up to another freenas box (the previous daily driver nas) and always have the old one off line except for when backing up. other backups exist on various media, cant have too many backups.



Does anyone have experience with DIY data recovery from a defective SSD?
(after 6 weeks in operation only recognised as Sandisk Milpitas with 16 KB by BIOS)

TIA
 Smiley
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
In memoriam...of something

https://www.trustnodes.com/2020/12/29/sec-sinks-xrp

Say what you want about that shitcoin, but the wanton destruction of monetary value (maybe wrongly attributed, I agree) is not something that I adore.
Honestly, if this would eventually cause SEC demise as a regulatory agency, so be it (see quotation).

Quote
XRP perhaps couldn’t withstand this injustice, but few can commend the way SEC went about enforcing it, even if they do agree.
Where coders are concerned, this is just another round they don’t even care about in a long running battle. The question is: will SEC be destroyed in the end?
You can not just wipe out tens of billions without courting hate, especially when the institution was already hated due to its investment prohibitions injustice inscribed in its very foundations.

The 'subtracted' value is obviously flowing mostly into bitcoin plus 2-3 s-coins (for now) .


I don't see how the ethereum pre-sale and issuance schedule makes it anything different than a security.

After ripple SEC will surely have ether in it's sights. Forever looking over their shoulders now.
legendary
Activity: 4004
Merit: 4656
In memoriam...of something

https://www.trustnodes.com/2020/12/29/sec-sinks-xrp

Say what you want about that shitcoin, but the wanton destruction of monetary value (maybe wrongly attributed, I agree) is not something that I adore.
Honestly, if this would eventually cause SEC demise as a regulatory agency, so be it (see quotation).

Quote
XRP perhaps couldn’t withstand this injustice, but few can commend the way SEC went about enforcing it, even if they do agree.
Where coders are concerned, this is just another round they don’t even care about in a long running battle. The question is: will SEC be destroyed in the end?
You can not just wipe out tens of billions without courting hate, especially when the institution was already hated due to its investment prohibitions injustice inscribed in its very foundations.

The 'subtracted' value is obviously flowing mostly into bitcoin plus 2-3 s-coins (for now) .
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Re: NAS

Now I understand that not everybody has a 19" rack in the basement (though these can be had very cheap too :-)) or even a separate room to place a loud beast like this in. Still, all these NAS products that I have had my hands on over the years totally and royally sucked and gave me a very bad price/performance ratio. Avoid them if you can, maybe build something yourself, load FreeNAS or whatever, everything is better than these shitty towers of future misery due to data loss.

freenas on supermicro low power xeon mobo ftw. mix of spinners, ssds, and external usb drives in a shortie 19" rack case. 64 gigs ECC ram expandable to 128gigs. ZFS file system rocks imo

back it up to another freenas box (the previous daily driver nas) and always have the old one off line except for when backing up. other backups exist on various media, cant have too many backups.

back to on topic: we need moar helicopter drawings
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Sun and (IBM) AIX

Sun, AIX... we're talking archaeology!  Grin

Indeed. Banks run stoneage hardware (and systems). Most of the customers of the company i came in touch with Unixes and built-like-a-tank servers were banks.
Quite big ones, but Europe only.

EDIT: I guess nowadays they go with virtual machines.



If the damn things weren't so fucking LOUD. At least IBM xSeries delivered some realtively quiet rack servers, but all the HP, Sun and (IBM) AIX server hardware i've put my hands on so far were screaming loud.

If you think an HP server is loud, try any modern ASIC miner.  Grin

We heat one of our storage rooms with an L3+ and since then all our servers seem to run completely silent to me. Some people say my hearing is impaired, but I don't hear that very often.

These are made for crunching numbers 24/7. A different area, cooling wise. I've seen some videos where i could hear them miners, and i think any conventional server without a dozen of harddrives (not running at full load) would sound relatively quiet to me in comparison.
I'd cool them miners with water, or even let em run in a "bath of oil" if too many. Perfectly silent, only power supplies running in oil would need some kind of pump to distribute the heat a little better.
Air cooling outside of air conditioned rooms would be less effective, especially in summer.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
If this is the 2020 tax year selloff then we are ... umm... in a bull market?

(tax year selloff for ants?)
legendary
Activity: 1834
Merit: 4197
the morning wall report


#dyor

dragonfly dips towads water for a drink
1h


dance in a dragons jaw
4h

#stronghands
legendary
Activity: 4004
Merit: 4656
Willy Woo
@woonomic
The growth in capital flowing into BTC is now equivalent to Apr 2017 of last cycle. The early bull phase is over, the main phase has started; it's come early.


hmmm...peak in July 2021? Interesting...that would be a first one.
I still think that we might be going for two peaks in 2021: first one in March-April, followed by a "valley" during summer, next, a larger peak in Nov-Dec (traditional time frame).

Something like 50-70K to 30-35K, then to 150-200K.
legendary
Activity: 2520
Merit: 3038
Sun and (IBM) AIX

Sun, AIX... we're talking archaeology!  Grin
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