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Showing 20 of 46 results by Katherine_Alicia
well the way I figured it is that I`m going to be having moments of downtime anyway with security updates and such, so tacking on another 5 mins here and there isn`t really going to make much difference, the other option would have been a raid array, but I didn`t have 2 drives at the time I set up Ubuntu on this laptop.
I think I set my DBcache to 2048, I`v read bits about the maxuploadtarget but I don`t understand any of it well enough yet to go messing with settings that I`m not 100% sure about, I`m already outside my comfort zone quite a bit so I really just need time aclimate to what I have so far before introducing greater complexity, I`v already got too many tabs open in my head LOL
such as; I`d like to run my own mempool gui like mempool.space as well eventually (I just like seeing blocks being constructed), but from what I can tell I either need something like Umbrel and I`m not sure that would run on top of bitcoin.core OR... there is stuff on Github that would likely do it but requires way more linux knowledge than I have currently (which isn`t much!).
I think I set my DBcache to 2048, I`v read bits about the maxuploadtarget but I don`t understand any of it well enough yet to go messing with settings that I`m not 100% sure about, I`m already outside my comfort zone quite a bit so I really just need time aclimate to what I have so far before introducing greater complexity, I`v already got too many tabs open in my head LOL
such as; I`d like to run my own mempool gui like mempool.space as well eventually (I just like seeing blocks being constructed), but from what I can tell I either need something like Umbrel and I`m not sure that would run on top of bitcoin.core OR... there is stuff on Github that would likely do it but requires way more linux knowledge than I have currently (which isn`t much!).
Thank you! that Rsync looks perfect for what I want, I had a quick read about it and I think I`ll probably go the Grsync route and see what others are doing ith it and just copy the one that`s closest to my needs.
I have 16Gb or ram and no room to fit any more in there really, it`s going to have be enough.
as for Why I want to do this, it`s because before I started out I made my mind up that I was going to be the best possible node runner I could be with the least amount of downtime as I could manage, I even have battery backed internet in case the power goes down. I didn`t want to build some janky pile of rubish just to say I`m a node runner, I wanted to do a good job and be as reliable as possible and not have to be repairing it every couple of days, which includes waiting another 2 days 5 hours for the blocks to be re-synced again if one of my drives fails, this way I can be up and running again in a few hours at most.
I have 16Gb or ram and no room to fit any more in there really, it`s going to have be enough.
as for Why I want to do this, it`s because before I started out I made my mind up that I was going to be the best possible node runner I could be with the least amount of downtime as I could manage, I even have battery backed internet in case the power goes down. I didn`t want to build some janky pile of rubish just to say I`m a node runner, I wanted to do a good job and be as reliable as possible and not have to be repairing it every couple of days, which includes waiting another 2 days 5 hours for the blocks to be re-synced again if one of my drives fails, this way I can be up and running again in a few hours at most.
Ok, so the node`s been running perfectly now and I managed to stop the lid closing from turning off the wifi by altering a config file and it`s all good!
I`v bought a second 2tb internal ssd drive for the laptop so I can make backups of the block data every now and again (perhaps monthly).
From what I can tell I need to copy the folders 'Blocks' and also 'Chainstate'
are there any other essential files that will need backing up? I`m not bothered about wallets because I won`t be using it for that.
also, on linux (specificaly ubuntu) can I just copy / paste these files onto the new drive and the next time I do it, will it just copy the new stuff that`s been added or will it be awkward?
On windows it gives the option to 'Skip' files that already exist.
I`v bought a second 2tb internal ssd drive for the laptop so I can make backups of the block data every now and again (perhaps monthly).
From what I can tell I need to copy the folders 'Blocks' and also 'Chainstate'
are there any other essential files that will need backing up? I`m not bothered about wallets because I won`t be using it for that.
also, on linux (specificaly ubuntu) can I just copy / paste these files onto the new drive and the next time I do it, will it just copy the new stuff that`s been added or will it be awkward?
On windows it gives the option to 'Skip' files that already exist.
a few more questions, I`m looking at the Bitcoin-qt program as it`s syncing up (60.54% now) and I`m in the "Peers" section.
in "Type" it has 2 sorts listed; `full relay` and `block relay`
is `full relay` the same as a full node like I`ll be running soon, and is `block relay` a pruned node?
also in "User agent", is that the node software they`re running? would they see me as; /Satoshi:27.1.0/ for instance.
in "Type" it has 2 sorts listed; `full relay` and `block relay`
is `full relay` the same as a full node like I`ll be running soon, and is `block relay` a pruned node?
also in "User agent", is that the node software they`re running? would they see me as; /Satoshi:27.1.0/ for instance.
well I`m at 58% now and it`s still saying another 22 hours! LOL I guess that`s because the block height increased over time.
I need to find some sort of instruction manual for it now, even if it`s just how to keep it maintained and security updated reglarly, I expect that some time tommorow it`ll be nearly done, then I can sht it down and try figure out how to stop it closing the wifi down when I shut the laptop lid, hopefully it`s something simple in the BIOS, failing that I`ll have to try and find the sensor switch when I`m fitting the ram upgrade and bypass that.
Good point about TOR and lags, I think I`ll hold off doing that for now unless my ISP decides to be more of an ass than usual.
Thanks for helping me out here, and talking me off a ledge! LOL
I have a bit more confidence that this is going to work now
I need to find some sort of instruction manual for it now, even if it`s just how to keep it maintained and security updated reglarly, I expect that some time tommorow it`ll be nearly done, then I can sht it down and try figure out how to stop it closing the wifi down when I shut the laptop lid, hopefully it`s something simple in the BIOS, failing that I`ll have to try and find the sensor switch when I`m fitting the ram upgrade and bypass that.
Good point about TOR and lags, I think I`ll hold off doing that for now unless my ISP decides to be more of an ass than usual.
Thanks for helping me out here, and talking me off a ledge! LOL
I have a bit more confidence that this is going to work now
yup, I`m thinking that too, I seem to have 2 versions on here with very similar items in each and I dare not delete one in case it`s the wrong one!
I`m happy with this -QT version though, it makes a lot more sense to look at, though I can`t seem to change DB cache value in there from the default 450Mb, and I tried opening the conf file and it won`t open? so I`ll just leave it for now.
I`m at about 7% now and it says it`ll be about 24 hours. so will that mean that when it`s fully synced I`m technically running a node? or is there more I have to do after this?
I know I`d like to get TOR implemented on there and use that rather than my own IP eventually, but that`s not essential to running a node.
I`m happy with this -QT version though, it makes a lot more sense to look at, though I can`t seem to change DB cache value in there from the default 450Mb, and I tried opening the conf file and it won`t open? so I`ll just leave it for now.
I`m at about 7% now and it says it`ll be about 24 hours. so will that mean that when it`s fully synced I`m technically running a node? or is there more I have to do after this?
I know I`d like to get TOR implemented on there and use that rather than my own IP eventually, but that`s not essential to running a node.
unbeleivable! what I thought was me running bitcoinD again wasn`t, in fact when I checked "task manager" it`s Bitcoin-qt working!
it must be lagged or something because there was no sign at all that QT was doing anything other than it`s usual Nothing.
so this new screen I have isn`t bitcoind that I started, it was that QT was taking ages to do anything. at least I know it works now and that I can only run one or the other.
of course now I`m a bit concerned because the near 160Gb progress I`d made running bitcoinD seems to have gone to zero now I`m running QT, which is only at 19Gb currently? I really hope I don`t end up downloading 2 copies of the blockchain!
it must be lagged or something because there was no sign at all that QT was doing anything other than it`s usual Nothing.
so this new screen I have isn`t bitcoind that I started, it was that QT was taking ages to do anything. at least I know it works now and that I can only run one or the other.
of course now I`m a bit concerned because the near 160Gb progress I`d made running bitcoinD seems to have gone to zero now I`m running QT, which is only at 19Gb currently? I really hope I don`t end up downloading 2 copies of the blockchain!
Ok, so in that thing that`s a bit like task manager I stoped the Bitcoind process then killed it, I then tried to open the bitcoin-qt and still nothing? same with a couple of other BIN files like Wallet and they did nothing either? I tried the bitcoinD BIN from there and it looked like it was trying to load the block historty from the start again! so I killed that too.
Then I clicked on the bitcoin logo and Now I have a propper screen for the first time telling me my sync status in days/weeks etc... pretty much what I wanted really.
it`s still not the -qt thing, but it`s progress!
I can`t find any power management setting in ubunto that deals with the lid being closed, it does go to "sleep" too and require a password to log back in again, but I switched all that off along with screen dimming and time-outs, the lid however... well that`s just not catered for in any place I can see.
I couldn`t find anything called tarball anythere?
What am I trying to accomplish, Hmm.. good question! LOL I essentially wanted to run my own node because one of my miners is a bit underpowered now and my usual pool (ocean) has done something to the difficulty a few months back and now it doesn`t work anywhere near as well as it used to before the change, so I thought it would be nice mine to my own pool as a lottery type thing. I like the idea or running a node and helping out the network, I know it doesn`t need my help but I already mine and have done for a while now and figured this would "complete the collection" LOL
Joking aside, I just find the whole thing fascinating really!
Why did I chose Linux? well I really REALLY! don`t trust windows, like not even a little bit! and I`v many mention about linux being a bit like bitcoin itself, open source and by and for the people and pretty much decentralised. so it seemed like a good idea at the time! LOL
of course looking back, I`m starting to wonder if it was such a good idea now?
well my new screen says I only have 20 hours left to go now, much better than I expected really.
Then I clicked on the bitcoin logo and Now I have a propper screen for the first time telling me my sync status in days/weeks etc... pretty much what I wanted really.
it`s still not the -qt thing, but it`s progress!
I can`t find any power management setting in ubunto that deals with the lid being closed, it does go to "sleep" too and require a password to log back in again, but I switched all that off along with screen dimming and time-outs, the lid however... well that`s just not catered for in any place I can see.
I couldn`t find anything called tarball anythere?
What am I trying to accomplish, Hmm.. good question! LOL I essentially wanted to run my own node because one of my miners is a bit underpowered now and my usual pool (ocean) has done something to the difficulty a few months back and now it doesn`t work anywhere near as well as it used to before the change, so I thought it would be nice mine to my own pool as a lottery type thing. I like the idea or running a node and helping out the network, I know it doesn`t need my help but I already mine and have done for a while now and figured this would "complete the collection" LOL
Joking aside, I just find the whole thing fascinating really!
Why did I chose Linux? well I really REALLY! don`t trust windows, like not even a little bit! and I`v many mention about linux being a bit like bitcoin itself, open source and by and for the people and pretty much decentralised. so it seemed like a good idea at the time! LOL
of course looking back, I`m starting to wonder if it was such a good idea now?
well my new screen says I only have 20 hours left to go now, much better than I expected really.
this may help a bit more but it doesn`t make sense!
The original TarGZ thing that went into the Download drawer Has all the Bitcoin-qt and many other files, but I didn`t see an Install thing anywhere so I ignored it.
Then I tried the Snap thingd and that Did install and gave me a bitcoin logo that I clicked on and got Bitcoind working.
the directory path for that is: Home/snap/bitcoin-core/common/.bitcoin
But... there`s no bitcoind file in there? and yet it`s clearly running? I had to click show hidden files to see most of these things too, but bitcoind doesn`t seem to be in there, but it must be?
so I`m even more confused now! LOL
The original TarGZ thing that went into the Download drawer Has all the Bitcoin-qt and many other files, but I didn`t see an Install thing anywhere so I ignored it.
Then I tried the Snap thingd and that Did install and gave me a bitcoin logo that I clicked on and got Bitcoind working.
the directory path for that is: Home/snap/bitcoin-core/common/.bitcoin
But... there`s no bitcoind file in there? and yet it`s clearly running? I had to click show hidden files to see most of these things too, but bitcoind doesn`t seem to be in there, but it must be?
so I`m even more confused now! LOL
I`v no idea, I did find a bitcoin-qt in my downloads directory in the BIN folder along with others including the bitcoind (which is running fine), I tried running the Bitcoin-qt binary and it does nothing!? I tried opening it with other things and those just gave me errors.
it just doesn`t seem to want to run? and non of the others do either, it`s only bitcoind that works?
as for directories and stuff, I have no idea where anything is or even how to move around them or find them, it`s totally alien to me. and to top it all off, it turns out that closing the lid on my laptop turns the wifi off!
I can`t find any setting anywhere to change this, unless it`s in the BIOS somewhere? but I can`t find anything in ubuntus settings.
176Gb downloaded now, and it looks like I`m going to have to keep the lid open 24/7 to run as a node now, NOT what I wanted! *sigh*
it just doesn`t seem to want to run? and non of the others do either, it`s only bitcoind that works?
as for directories and stuff, I have no idea where anything is or even how to move around them or find them, it`s totally alien to me. and to top it all off, it turns out that closing the lid on my laptop turns the wifi off!
I can`t find any setting anywhere to change this, unless it`s in the BIOS somewhere? but I can`t find anything in ubuntus settings.
176Gb downloaded now, and it looks like I`m going to have to keep the lid open 24/7 to run as a node now, NOT what I wanted! *sigh*
I can`t find bitcoin-qt anywhere? I can see some Windows stuff, it keeps pointing me to bitcoin.org but I can`t find it on there either, just the TAR GZ thing and the snap linux that I already installed (I think?).
I`v got 116Gb downloaded now and I think I`m probably going to have to wipe the lot and start again because I haven`t got the slightest idea what I`m doing!
it looks like the -qt program is the one I needed/wanted all along and not this daemon thing whatever that is???
I don`t even understand what half of the instructions mean! perhaps I should just stick to mining, I really don`t think I`m smart enough for this
I`v got 116Gb downloaded now and I think I`m probably going to have to wipe the lot and start again because I haven`t got the slightest idea what I`m doing!
it looks like the -qt program is the one I needed/wanted all along and not this daemon thing whatever that is???
I don`t even understand what half of the instructions mean! perhaps I should just stick to mining, I really don`t think I`m smart enough for this
I tried entering bitcoin-qt into terminal and it says: command not found
then I tried this line from the bitcoin.org site: /usr/local/bin/bitcoin-qt
and that comes back with: bash: /usr/local/bin/bitcoin-qt: no such file or directory
so I need to add some stuff but I don`t know what or where from or even how???
then I tried this line from the bitcoin.org site: /usr/local/bin/bitcoin-qt
and that comes back with: bash: /usr/local/bin/bitcoin-qt: no such file or directory
so I need to add some stuff but I don`t know what or where from or even how???
I have a strong feeling that I`m way in over my head here!
I revived an old laptop whose battery had died, so I bought a new one and a 2Tb SSD drive for it, it has 8Gb ram and I`m hoping to get another 8 for it soon.
After a lot of messing about I managed to instal Ubuntu 24.04 LTS on it, and update/upgrade after following a few Youtbe guides.
I then headed straight over to Bitcoin.Org to put my node software onto it... well the first one I tried didn`t work, it was TAR GZ something or other, and it did go into my downloads area but chicking on it just lept opening other boxes like russian dolls and non of them were an executable file, so I gave up on that and tried Linux Snap software and that DID install something onto my laptop! and I was Soooo pleased to see the Bitcoin logo on there!
When I clicked that it asked about running a full/pruned node and I want a full node, so I did that and it just closed the box?
I tried clicking it again but it said something about it already running? but I can`t see anything?
I went into what looks like the linux equiv of Task Manager and I can see a process called Bitcoind running in there, so it`s definitely doing Something!
Currently the Bitcoind process in the "Disk write total" section says it`s a 52.6Gb file and it`s slowly increasing! so I`m going to assume that`s the block history file? because I can`t imagine anything else using up so much space.
is there some kind of progress bar I can watch instead? otherwise how will I know when it`s fully sync`d?
Is there some sort of GUI I can use or does it all have to be a load of typing in terminal and text based stuff I don`t understand?
Have I even done it right so far? I`m really flying blind here because this is my first exposure to Linux and I`m just guessing my way through it.
Most youtube vids assume you already know the basics and I don`t, so they`re all way over my head!
and I`m at 58.8Gb downloaded now
I revived an old laptop whose battery had died, so I bought a new one and a 2Tb SSD drive for it, it has 8Gb ram and I`m hoping to get another 8 for it soon.
After a lot of messing about I managed to instal Ubuntu 24.04 LTS on it, and update/upgrade after following a few Youtbe guides.
I then headed straight over to Bitcoin.Org to put my node software onto it... well the first one I tried didn`t work, it was TAR GZ something or other, and it did go into my downloads area but chicking on it just lept opening other boxes like russian dolls and non of them were an executable file, so I gave up on that and tried Linux Snap software and that DID install something onto my laptop! and I was Soooo pleased to see the Bitcoin logo on there!
When I clicked that it asked about running a full/pruned node and I want a full node, so I did that and it just closed the box?
I tried clicking it again but it said something about it already running? but I can`t see anything?
I went into what looks like the linux equiv of Task Manager and I can see a process called Bitcoind running in there, so it`s definitely doing Something!
Currently the Bitcoind process in the "Disk write total" section says it`s a 52.6Gb file and it`s slowly increasing! so I`m going to assume that`s the block history file? because I can`t imagine anything else using up so much space.
is there some kind of progress bar I can watch instead? otherwise how will I know when it`s fully sync`d?
Is there some sort of GUI I can use or does it all have to be a load of typing in terminal and text based stuff I don`t understand?
Have I even done it right so far? I`m really flying blind here because this is my first exposure to Linux and I`m just guessing my way through it.
Most youtube vids assume you already know the basics and I don`t, so they`re all way over my head!
and I`m at 58.8Gb downloaded now
Re: Do you also panic when bitcoin price falls more than 10-20% in a day ?
if you liked bitcoin at price X, then you should absolutely Love bitcoin at price X -20%
It`s the same when my favorite chocolate goes on sale, I buy loads of it, Bitcoin is no different
It`s the same when my favorite chocolate goes on sale, I buy loads of it, Bitcoin is no different
Certainly, I see a lot of traders coming into the investing space for quick gains etc. I believe what everyone should think of is how to buy on regular basis and avoid unnecessary drama for more benefit keeping our investment healthy for long run. If I’m not mistaking Katherine_Alicia is making use of dca and buying the dip from what I read it’s actually nice if an investor have the available money to invest on regular basis and still keep up with buying the dip, that’s a unique way of growing little investment but, firstly having an extra money to buy during the dip is not actually a force as everyone have their differences and situation, secondly the charts is a personal decision if an investor can successfully watch the charts without being tempted or panic but personally I will advice investors should not show concern when it comes to price movement or should we be talking about charts when investing for the long run? Because I feel it’s not necessary attaching bitcoin chart and investing when there’s nothing common between both.
Yup, I`m doing both the regular (automated) DCA, as well as buying dip when the happen, for instance there was a dip last night UK time and bought some extra even though my next DCA buy isn`t until the 15`th Aug, That`s why I like having a realtime price update on my shelf, I can see the current price as easily as looking at a clock. I agree it`s not for everyone though, some will panic when it goes down, and it`s my job to buy their fear.
I think it`s critical to always have some cash in place for emergencies so that you`re never tempted to dip into your BTC or investments, that cash protects your holdings, and those holdings protect your cash (from inflation), it`s the perfect setup IMO.
I`v Very recently decided to take the "lazy" path, up until now I`v been strategic DCAing, waiting for dips and buying, and it was fun for a couple of years, but now I`v just set up a regular Buy-order twice a month so I can pretty much just ignore it from now on, and only buy extra during dips if I feel like it.
I`m in it for a good 10 years from now anyway, so may as well just set-and-forget really, the thought of watching charts for the next 10 years really doesn`t appeal to me.
The really neat part was that I had an auto-buy last night and it was during the dip! I`d have had to stay awake all night to have caught it.
Your strategy seems great and feasible but if I understand you correctly, you will be buying in a centralized exchange and in this case, you cannot set and forget because doing that will me you will be holding your Bitcoin there. It is not safe to store your Bitcoin in centralized exchanges so even if you want to use limit orders to purchase your Bitcoin, you might need to login to withdraw it to a private wallet that you have the private keys. You might decide to check ones in a month to see if your orders have been filled or not for the DCA part, you might also need to buy using market execution and withdraw monthly to your private wallet. By the way, since you have a 10years plan, why not consider using a hardware wallet to store your coins? That is safer than wallets that are connected online. I`m in it for a good 10 years from now anyway, so may as well just set-and-forget really, the thought of watching charts for the next 10 years really doesn`t appeal to me.
The really neat part was that I had an auto-buy last night and it was during the dip! I`d have had to stay awake all night to have caught it.
I have been storing mine off the exchange, but I`m buying small amounts regularly, so when it builds up above a certain amount I`ll be taking it off, I want just to minimise UTXOs.
⭐ Merited by JayJuanGee (1)
You don't have to watch any chart when you are into bitcoin investment for long term. Anyone telling you to watch the chart is not giving you the right advise. All you have to do is keep buying your bitcoin from exchanges and withdraw to your non custodian wallet, it can be there for as many years as you want. Any strategy you decide to use is up to you the most important thing is that you are buying your bitcoin. But since you are in for the long term it would be more preferable to just use the DCA and stop stressing yourself trying to be awake at night to catch whatever price level you are targeting. It's fine that the auto buy worked for you last night when price got to the region you targeted, but what of other days when you won't be that lucky does it mean you will keep prolonging to execute your buy order? No wonder you are always awake at night to watch it. Bitcoin investment shouldn't be done in a manner that it will be like a burden to us. So my advice is this, you should buy at whatever price you meet bitcoin when your money is readily available, and avoid the stress of watching charts and keeping late night.
well I have a bitcoin ticker that I keep an eye on during the day, and when I see a decent dip I used to buy, but now I just auto-buy whatever the price is high or low, it was just nice to catch a low last night that I would have missed if I did the old way.
I`ll still buy extra during dips, but I won`t worry about it if I miss a few, I have a reasonable sized bag at the moment that I`m happy with, so the pressure`s off now and my laddering-in days are over now, it`s just auto-DCA for me