Bitcoin trends

A good friend brought up Bitcoin statistics from Twitter earlier.

$0-$1k: 1789 days (4.8 years)
$1k-$2k: 1271 days (3.4 years)
$2k-$3k: 23 days
$3k-$4k: 62 days
$4k-$5k: 61 days
$5k-$6k: 8 days
$6k-$7k: 13 days
$7k-$8k: 14 days
$8k-$9k: 9 days
$9k-$10k: 2 days
$10k-$11k: 1 day
$11k-$12k: 6 days
$12k-$13k: 1 day
$13k-$14k: SAME DAY
$14k-$16k: SAME DAY

As of now, Coinbase is rejecting all logins. (502).

Two dates to note: Dec 10 (CBOE BTC futures start trading) and Dec 18 (CME BTC futures).

Raffles Hotel Mooncake boxes and Soldering

Mooncake festival falls on the 15th day of the eighth lunar month. It’s now the 17th day as I write, so the festival is officially over.

Baked mooncakes, snowskin mooncakes, yam mooncakes. Cakes and cakes!

Quite frankly, I had a slice of each type and I’m stuffed. No longer the days where I can eat an entire moon cake by myself. (Double yolk, anyone?)

Snow skin mooncakes from Raffles Hotel do not fail to impress buyers with their high quality standards every year, despite prices increasing from $50 to $75 over the last 5 years. Moon cakes with exotic ingredients – Champagne Truffle & Ganache, Chocolate Pearl Truffle goes well with a pot of hot Chinese tea.

Besides the mooncakes, the packaging containing them is unique. Just one glance, you will know it’s from Raffles Hotel. The pure metal square box is a good size and has the 60s look and colour.

After eating those cakes, what else can I do with the metal box? Yep, the cover can be used as a container for small screws and what nots, while I’m mucking around with the soldering iron.

Setting up Raspberry Pi 3 with Linux

I had a requirement to run a headless Linux device, coupled with a 3G USB dongle for communications. The Raspberry Pi 3 I bought about 9 months back came in handy.

Here are the steps I took to setup Linux on Rpi.

1. Download and copy the Linux image file onto a micro SD card.
2. Insert the micro SD card into the Rpi and start it up with the keyboard and mouse connected.
3. Log in, and run ‘sudo apt-get update’
4. Update gparted to expand the partition space. You will need to apt-get install gparted
5. Run gparted and expand the existing partition space.
6. Reboot
7. Insert the following string into the /boot/cmdline.txt file. ‘usbhid.mousepoll=0’ at the end of the string. This step removes the laggy mouse scroll.
8. Insert the two following lines into /boot/config.txt file ‘dtoverlay=pi3-disable-wifi’ and ‘dtoverlay=pi3-disable-bt’ at the end of the file. Each lines on their own. This step disables the wifi and bluetooth.
9 Reboot
10. Insert 3G Dongle and update the APN configuration in network-manager.
11. APN: hicard, Username: , Password:

Listening to Theresa May speak on Bloomberg

Listening to May speaking at Florence, Italy, on the reasons why UK will leave the EU sinking ship. EU driven by only one large propeller (Germany) and two minor ones (France and Italy) will soon run aground.

So far, her points are in alignment with Lee Kuan Yew’s observations made some 30 years ago. The new observations he made before passing away in March 2015 (Lee Kuan Yew reflects on Europe, immigration and politics)

Things will be interesting.

76% of S’poreans positive towards new F1 deal: Report – Really?

Last weekend’s F1 race in Singapore saw a dramatic crash which took out the Ferrari team. Lewis Hamilton who started in 5th position, roared past other drivers to take podium while racing in the 1st wet night race in F1 history.

After the race, a British couple got onto the track and took selfies. Usually that would not bring any notice, except this F1 fan had to broadcast his enthusiasm on the Internet and of all, insisted he had bribed the security guard to get onto the track.

Bribe. The 5 letter word. BRIBE.

Probably lost his mind when he said the ‘Bribe’ word in the context of a high security sporting event.

Apart from these controversies, I read on the local online papers and saw this report (76% of Singaporeans positive towards new F1 deal)

An excerpt of the article as follows:
“A report by global media intelligence firm Meltwater — which tracked online reactions in the lead-up to and during the race weekend — showed that 76 per cent of Singaporeans had reacted positively to news of the deal, which was announced by Formula One, Singapore Tourism Board and race promoter Singapore GP last Friday (Sept 15).”

Keywords noted here. tracked online reactions, the lead-up, during the race weekend, 76 per cent of Singaporeans had reacted positively to news of the deal.

  1. Only online reactions (Likes, Twits, Mentions, etc) were tracked.
  2. 76 percent of Singaporeans reacted positively to news of the deal

For the uninitiated, the F1 deal was renewed before race day. The last renewal was a standard 5 year contract but this renewal was one year less than the standard.
Remains to be seen whether was the positive reaction attributable to the renewal of the the contract, or one year less of suffering to be experienced by 76% of Singaporeans.

Lastly, the misleading title by TodayOnline shows how Journalism in Singapore has gone to the dumbs.

By skimming the headlines and not reading into the lines, anyone could be have mistaken that 76% of ALL SINGAPOREANS agree to have the F1 race renewed. Let’s run some numbers here.

Statistics showing the estimated number of Singaporeans online, we get 4,699,204 (estimated) online users. Using these numbers, 76% react favourable to F1 race. This gives 3,571,396.

With the mid year estimates from Statistics Singapore, the total population in Singapore is 5,607,300. This gives 63.6% which is more than 10% difference from that headline number.

But the foot note in the statistics indicate “Total population comprises Singapore residents and non-residents. The resident population comprises Singapore citizens and permanent residents.”

So let’s look at the resident population only – 3,933,600. Doing the calculations gives an estimated 90.7%. 90.7% on the Singapore online population approved the F1 race? Even if the the calculations from the “global media intelligence firm Meltwater” is off, its more than 10% off from the reported numbers.

This begs the question. Are the numbers provided by “global media intelligence firm Meltwater” correct? If they aren’t correct, why are this ‘news’ being reported?

One last thing – Counting 4 years, the next contract review will be up in 2021. Ahh, another big event coming up there. Care to take a guess?