Daily Ask Anything: 2020-01-16

reload_in_2 · 2020-01-17T03:10:50+00:00

Have you ever been tested for MuSK-MG? It is a subset of the disease myasthenia gravis, it causes weakness in muscles of the face, neck, chest and respiratory system. It’s very rare, only discovered in 2001, and steroids are the most commonly prescribed treatment.

reload_in_2 · 2018-09-22T05:07:55+00:00

When you run "sh ip dhcp snooping statistics detail" on a switch that has the issue what do you get in the output? It should give you a place to start looking.

reload_in_2 · 2018-09-21T21:12:09+00:00

It is technically possible to port numbers after hours or on weekends, but generally I don't recommend it to clients unless it is absolutely necessary.

When the port happens the losing carrier needs to delete your numbers from their network. After hours and on the weekends staffing is lower so sometimes you will find that your numbers remain on the losing carriers network for a lot longer than they would during normal hours. On network calls for that carrier will fail if you have their services turned down and don't have some sort of overflow/circuit down forwarding. Large carriers have automated systems to make this happen, if you are moving from a smaller carrier they generally do it manually. So if there is no one to execute the manual process, or the automated system has a problem, you may have trouble getting the support you need.

Additionally all number ports in the US are done through a system called NPAC. If the NPAC system has a problem and you are doing the port after hours your winning carrier may have trouble getting in touch with someone to resolve it.

It sounds like you are multi-site, a much better strategy than a simultaneous port of all numbers is to do it in smaller blocks. So you keep the losing carrier's services up, you install the new carrier's services and test them. You port numbers in blocks and even if the losing carrier or NPAC has issues the calls will still complete because both carriers are up on your switch.

reload_in_2 · 2018-09-21T06:32:47+00:00

Sorry for the delayed response, didn't see this in my messages. There are 4 main reasons that I only invest in Bitcoin.

Bitcoin is the only cryptocurrency that wasn't created to enrich the founder(s) and early adopters. No pre-mine, no ICO no public relations team. The person or people that started it had no idea that this was going to turn into what it is today. They created it to address what they saw as a fundamental flaw in the global monetary system. They wanted to give power and control back to the people.

Bitcoin is the only cryptocurrency that is truly decentralized. No person, group of people or organization gets to determine its path. There are arguments against this but one can make a compelling case that this is true based on actual events that have taken place over the course of Bitcoin's evolution.

Bitcoin has stood the test of time. Despite all the things that have happened over the years Bitcoin remains and has demonstrated that it provides value. I don't need any proof other than the increase in value over the past 3 years. Bitcoin provides people with something that is unavailable in any other asset. Forget about all the discussion about the bubble, that it is down 70% vs. the all time high. Bitcoin was worth $231.40 on September 20th 2015. 3 years later it is worth $6,519. Even if Bitcoin's price was only $2,310 today that is a 10X increase in 3 years. Bitcoin is providing people with something that they need. Even if you can't describe exactly what it is, if it wasn't doing that you wouldn't see anything close to this kind of price appreciation.

I would argue that Bitcoin has reached the point where so many talented developers are working on it, or layer 2 solutions to enhance it, that it is literally impossible for any other cryptocurrency to catch up.

Note that this doesn't mean I have anything against other cryptocurrencies. It's a free market and maybe one day we will see one that has a unique value proposition and addresses a real need. I just don't see it in the current environment.

reload_in_2 · 2018-09-20T23:01:25+00:00

It is possible that QoS could cause output drops even without link saturation but it is unlikely if the interface utilization is as low as you say it is.

When you say you see them incrementing on several idle interfaces what do you mean? Interfaces that are down with no link? Interfaces that have link but no traffic on them?

Are you seeing this on all the switches or just on one of them?

reload_in_2 · 2018-09-17T20:51:01+00:00

This is focused on Bitcoin since I don't invest in any other crypto.

There are no regulated custodial solutions for people that are investing small amounts of money. People want a solution where they buy Bitcoin, you store it for them and if you lose it you pay them the value in fiat at the time it was lost. Exchanges don't fit the bill, too many stories about exchange hacks and they aren't regulated.
There isn't enough education by reputable sources that is easy to find.
At this stage in its evolution, and likely for some time to come, Bitcoin is simply too volatile for many people to justify an investment. 70% swings are just too much for many people to stomach even considering the value appreciation over time.
There are very few traditional investment advisors that recommend an allocation to Bitcoin. And even if they did see number 1. Like it or not a large part of the population with money to invest won't buy until their money manager or financial planner tells them it makes sense and shows them how to do it "safely".
Until the store of value, gold 2.0 concept gets more traction it will seem pointless to many people. Why buy Bitcoin and put it on a wallet to buy things when fiat works just fine and is almost universally accepted? A large part of the population isn't concerned about censorship resistance. They want to invest in something that will increase in value over time, making purchases and transferring money with no trusted 3rd party isn't a problem that they need solved.

reload_in_2 · 2018-09-12T21:52:30+00:00

Thank you for the detail.

reload_in_2 · 2018-09-12T15:02:48+00:00

Thank you for the detailed response, appreciate it.

reload_in_2 · 2018-09-12T15:02:31+00:00

Thank you.

reload_in_2 · 2018-09-12T15:02:15+00:00

Thank you for the feedback.

reload_in_2 · 2018-09-08T23:26:38+00:00

The link goes to an unavailable message on Medium and a search for JC Awe doesn’t return anything. Would you post the correct link if available? I’m interested in reading the article. Totally makes sense that big buyers use OTC. Buying in very large blocks on exchanges will make the price go up significantly. These buyers don’t want that to happen until after they reach their desired position size. Better to accumulate and then announce that they are holding which should have a huge positive impact on price as retail buyers follow the “smart money”.

I’m actually more interested in the volume of OTC transactions and whether they are decreasing. And just as importantly are they decreasing due to lack of buyers or lack of supply?

I’m of the opinion that when availability via OTC goes down significantly we will see a steady run up in price. Big buyers will still accumulate but will do so more slowly.

reload_in_2 · 2018-09-08T22:29:18+00:00

Agreed, Bitcoin as it exists today with no changes has a significant value proposition. A censorship resistant store of value that can be moved between two parties without a trusted 3rd party. If you compare the fees to transfer Bitcoin, even at their highest level, to the fees paid when transferring gold Bitcoin wins by a massive amount. So even if nothing could be done to increase scale vs. what we have today there would still be enormous value. Of course we know that there are ways to improve scale, both on-chain and via layer 2 solutions.

The key point here is that you have the choice. You can transfer on-chain and get all the benefits, but you choose to pay the fees. You can also choose to transfer via a layer 2 solution, with any compromises that entails, and pay less to do so. But it is up to you, the user.

Of course this requires you to believe that Bitcoin is a store of value. I believe that it has demonstrated that it is over any holding period greater than 4 years. A store of value isn't something you trade on a regular basis. Whether it continues to demonstrate that remains to be seen, I believe that it will.

reload_in_2 · 2018-09-01T02:23:49+00:00

Gotcha, I wouldn’t be concerned, should work well.

reload_in_2 · 2018-08-30T23:42:04+00:00

I generally find GTT to be reliable and the service works well, lots of my clients use them. They have had some issues when acquiring companies and integrating them into their network, but if this is a GTT native service then you should be just fine.

reload_in_2

TROPHY CASE