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98eagle
| Favorite team: | Auburn  |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 3118 |
| Registered on: | 9/20/2020 |
| Online Status: | Not Online |
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I installed a LOT of X-Sense sensors months ago in our rather large house, basement, garage and outside. We really like it. I started with one base station and a few sensors to test it out and after a couple of months I had significantly expanded the system. The app handles multiple base stations by address so if you own multiple properties you can monitor them all at the same time. I used this to my advantage and use multiple base stations in our house as I have described below. I gave each base station, address names like Home Safety, Home Security, etc. instead of a physical address. Each base station can have something like 50 sensors each.
This system is so customizable and smart, way more than any wired security system like ADT. Each sensor type typically has numerous customizations and can also alarm a base station and/or push notification to our smart phones. I installed 4 base stations to segregate the sensors by alarm types. Depending on which base station goes off, we instantly know what alarm type went off. You can change the alarm sound and volume for any sensor on the base station, but with a lot of different sensor types it's really helpful to segregate them to different base stations strategically placed in the house.
Every sensor is battery operated and long range (up to 1700' away) using 2.4GHz transmission to a base station which is AC powered and WiFi. Signal strength and battery life are reported for each sensor in the app so you know when to replace batteries or if there are any signal issues. No signal issues so far plus battery life is up to 5 or 10 years. If a base station loses WiFi a push notification is sent to your smartphones. We have a very good mesh network so WiFi is very reliable although there are very infrequent temporary issues with WiFi service (power outage, etc). Everything comes back to life automatically if WiFi goes out.
The Combo Smoke/CO2 detectors go off locally and are all connected to each other by their own 2.4GHz network so they go off locally even if WiFi is lost. You can also do a Fire Drill anytime you want to simulate a Fire or CO2 detection by any of your sensors.
I installed the Combo Smoke/CO2 sensors with Voice that tell which threat was detected and in which room instead of an alarm. If one sensor tells you there is smoke or CO2, all of those sensors send the same alarm by voice so there is instant notification of the location and threat via every sensor. I installed those all over the house and basement. I installed Heat sensors in the garage. All of those are on one base station.
The next base station is my security base station. Any sensor alarm on it that goes off, we know if we are asleep because the base station alarm is in the bedroom. It has 3 keypads, door alarms, window alarms, a few solar motion lights protecting our courtyard, deck and screened porch, and also water leak sensors everywhere we need them. We are notified if any outside doors are left open. I didn't use any indoor motion detectors. I did turn off the beeps of door sensors when the system is in off mode so I don't wake my wife up if I go outside while she is asleep. I did also include mailbox alarms that I use as security alarms on my boats, kayaks and water bikes on our Lakeshore about 100' from our house. Any slight jar of my boats, kayaks or water bikes and I know about it even if I am away from the house. Also have cameras that notify me.
The third base station only has two mailbox sensors. One is inside our mailbox about 500' from the house through a heavily wooded lot. I attached the other mailbox sensor just under an outer ridge of the can under the back part of the garbage can lid. Now I get notifications when the mailbox is opened or when the garbage department empties our can. I used to have to walk 500' to check these.
The 4th base station has temperature and humidity detectors. I can keep tabs on mainly humidity around the house and basement. This lets me know if dehumidifiers need to be turned on or off. I also have one of these in the attic to let me know when I need to cut on attic exhaust fans .
This is a really good system for us. However we don't want or need a professional alarm monitoring service. We get audible alarms and push notifications set up exactly as desired. X-sense does have an optional professional alarm monitoring service, but I can't comment on it since we don't need that
The only thing this system will not do is I wanted any water leak sensor alarms to also cut the water off at a valve on the water supply pipe just inside the house. There are other systems that will do that so I might buy one of those and add an automatic water valve and replace all of my X-sense water leak detectors.
This system is so customizable and smart, way more than any wired security system like ADT. Each sensor type typically has numerous customizations and can also alarm a base station and/or push notification to our smart phones. I installed 4 base stations to segregate the sensors by alarm types. Depending on which base station goes off, we instantly know what alarm type went off. You can change the alarm sound and volume for any sensor on the base station, but with a lot of different sensor types it's really helpful to segregate them to different base stations strategically placed in the house.
Every sensor is battery operated and long range (up to 1700' away) using 2.4GHz transmission to a base station which is AC powered and WiFi. Signal strength and battery life are reported for each sensor in the app so you know when to replace batteries or if there are any signal issues. No signal issues so far plus battery life is up to 5 or 10 years. If a base station loses WiFi a push notification is sent to your smartphones. We have a very good mesh network so WiFi is very reliable although there are very infrequent temporary issues with WiFi service (power outage, etc). Everything comes back to life automatically if WiFi goes out.
The Combo Smoke/CO2 detectors go off locally and are all connected to each other by their own 2.4GHz network so they go off locally even if WiFi is lost. You can also do a Fire Drill anytime you want to simulate a Fire or CO2 detection by any of your sensors.
I installed the Combo Smoke/CO2 sensors with Voice that tell which threat was detected and in which room instead of an alarm. If one sensor tells you there is smoke or CO2, all of those sensors send the same alarm by voice so there is instant notification of the location and threat via every sensor. I installed those all over the house and basement. I installed Heat sensors in the garage. All of those are on one base station.
The next base station is my security base station. Any sensor alarm on it that goes off, we know if we are asleep because the base station alarm is in the bedroom. It has 3 keypads, door alarms, window alarms, a few solar motion lights protecting our courtyard, deck and screened porch, and also water leak sensors everywhere we need them. We are notified if any outside doors are left open. I didn't use any indoor motion detectors. I did turn off the beeps of door sensors when the system is in off mode so I don't wake my wife up if I go outside while she is asleep. I did also include mailbox alarms that I use as security alarms on my boats, kayaks and water bikes on our Lakeshore about 100' from our house. Any slight jar of my boats, kayaks or water bikes and I know about it even if I am away from the house. Also have cameras that notify me.
The third base station only has two mailbox sensors. One is inside our mailbox about 500' from the house through a heavily wooded lot. I attached the other mailbox sensor just under an outer ridge of the can under the back part of the garbage can lid. Now I get notifications when the mailbox is opened or when the garbage department empties our can. I used to have to walk 500' to check these.
The 4th base station has temperature and humidity detectors. I can keep tabs on mainly humidity around the house and basement. This lets me know if dehumidifiers need to be turned on or off. I also have one of these in the attic to let me know when I need to cut on attic exhaust fans .
This is a really good system for us. However we don't want or need a professional alarm monitoring service. We get audible alarms and push notifications set up exactly as desired. X-sense does have an optional professional alarm monitoring service, but I can't comment on it since we don't need that
The only thing this system will not do is I wanted any water leak sensor alarms to also cut the water off at a valve on the water supply pipe just inside the house. There are other systems that will do that so I might buy one of those and add an automatic water valve and replace all of my X-sense water leak detectors.
1
re: Tax bros, is this true. (Crypto related)
Posted by 98eagle on 12/21/25 at 11:10 pm to OysterPoBoy
If you are not offsetting gains in the same tax year just be aware if your total capital losses exceed your total capital gains, you can deduct the excess loss against your ordinary income, up to an annual limit of $3,000 if you are single or married filing jointly (or $1,500 if you married filing separately). You can then carryover your capital losses up to $3000 per year (if you have no future capital gains) until the total capital loss is applied to tax returns.
In your case $37,000 loss, if you had no future capital gains, it would take you 13 years to apply the full capital loss, at an agonizing $3000 max carryover loss per year.
However, even if you have no capital gains in the tax year you sell your Bitcoin, if you have net capital gains in future tax years you can potentially apply the $34,000 carryover loss against ordinary income much faster.
For example, in the tax year you take the $37K Bitcoin loss, you also have no capital gains to partially offset the loss, you can only apply a $3000 capital loss against ordinary income, and you will have a carryover loss of $34,000 to future tax years. In the next year if you have $50,000 in net capital gains, in that tax year you owe capital gains taxes on $50K minus $34K carryover = $16K. So you applied the full $37K in capital losses in just two years.
In your case $37,000 loss, if you had no future capital gains, it would take you 13 years to apply the full capital loss, at an agonizing $3000 max carryover loss per year.
However, even if you have no capital gains in the tax year you sell your Bitcoin, if you have net capital gains in future tax years you can potentially apply the $34,000 carryover loss against ordinary income much faster.
For example, in the tax year you take the $37K Bitcoin loss, you also have no capital gains to partially offset the loss, you can only apply a $3000 capital loss against ordinary income, and you will have a carryover loss of $34,000 to future tax years. In the next year if you have $50,000 in net capital gains, in that tax year you owe capital gains taxes on $50K minus $34K carryover = $16K. So you applied the full $37K in capital losses in just two years.
re: Alabama 34 @ Oklahoma 24 Final - ABC/ESPN
Posted by 98eagle on 12/19/25 at 10:39 pm to SonicAndBareKnuckles
FG kicker had a bad end to the season.
re: Is Bitcoin’s day as an exponential grower over?
Posted by 98eagle on 12/18/25 at 6:54 pm to Big Scrub TX
quote:Fascinating intellectual discussion on covered calls as a possible cause of Bitcoin price suppression.
nah
re: Is Bitcoin’s day as an exponential grower over?
Posted by 98eagle on 12/18/25 at 1:00 pm to I Love Bama
You know what I think might be suppressing Bitcoin's price is the fact that whales are collectively selling massive amounts of covered calls in order to make short term gains (the immediate profit of selling covered calls). They are shooting themselves and everyone else in the foot, by limiting large Bitcoin price gains, by adding massive selling pressure because so many shares have to be sold at once as Bitcoin rises above their strike price.
So the whales are automatically sellers in a massive way when Bitcoin hits their strike price, and that knocks Bitcoin back down. The whales are creating this massive selling pressure. I think this all resolves at some point as whales dilute their shares over time. I could be way off here. These are just my thoughts.
So the whales are automatically sellers in a massive way when Bitcoin hits their strike price, and that knocks Bitcoin back down. The whales are creating this massive selling pressure. I think this all resolves at some point as whales dilute their shares over time. I could be way off here. These are just my thoughts.
quote:Even better wear the Gary Busey Helmet Protector
don't ride motorcycles on the street but if you do wear a helmet
re: Joys of new work computer...
Posted by 98eagle on 12/12/25 at 6:45 pm to Lonnie Utah
In addition to what others have listed, I like XITE for free music videos.
Since you retired pretty early, sounds like you have plenty of money. My advice is to be yourself, be modest, be kind to others and try to do whatever it is that makes you and your loved ones happy. Also, the best exercise for your heart and a great source of satisfaction is to help others. Even a small amount of help can make a difference.
re: Official CryptoTalk Thread
Posted by 98eagle on 12/9/25 at 12:41 pm to beaverfever
Recent Bitcoin volatility between the mid to upper $80K range and the lower to mid $90K range has been nice for volatility trading. I've racked up several more wins recently.
Hopefully Bitcoin shoots up a good bit higher this month and then resumes decent price swings at a higher price point while still climbing higher.
I hope Bitcoin's normal 4 year cycle is broken. I think it probably is. If not I will eventually likely get burned on any open BITX trades I might have if Bitcoin takes a quick drop of 50% or more.
Since my volatility trades are each typically 5% of my available trading cash, if, for example, I had three open BITX trades prior to a sudden 50% Bitcoin crash, I would only lose 15% of my trading cash. That scenario would not hurt me very much as my total trading cash grows each time I close out a BITX trade. So losing 15% (or even 25% if I lost 5 trades) of a much larger trading cash stockpile from when I started doing volatility trades in early 2024 is a risk I am willing to take going into any potential significant down cycle.
However, I don't believe Bitcoin will experience any future drops more than 30%. Any trapped BITX positions that I have on that down swing could probably survive and eventually become profitable again assuming Bitcoin continues to climb past all time highs over each 4 year cycle if it is still occurring.
Regardless of which direction Bitcoin decides to take between now and into next year, I am volatility trading straight into whatever it decides to do. Any dips or pullbacks and I am buying more BITX. It's worked for me for almost two years now and I won't stop unless/until I get burned with big losses for consequitive attempts at following my strategy. I haven't lost any trades so far even if they took months to become profitable.
Hopefully Bitcoin shoots up a good bit higher this month and then resumes decent price swings at a higher price point while still climbing higher.
I hope Bitcoin's normal 4 year cycle is broken. I think it probably is. If not I will eventually likely get burned on any open BITX trades I might have if Bitcoin takes a quick drop of 50% or more.
Since my volatility trades are each typically 5% of my available trading cash, if, for example, I had three open BITX trades prior to a sudden 50% Bitcoin crash, I would only lose 15% of my trading cash. That scenario would not hurt me very much as my total trading cash grows each time I close out a BITX trade. So losing 15% (or even 25% if I lost 5 trades) of a much larger trading cash stockpile from when I started doing volatility trades in early 2024 is a risk I am willing to take going into any potential significant down cycle.
However, I don't believe Bitcoin will experience any future drops more than 30%. Any trapped BITX positions that I have on that down swing could probably survive and eventually become profitable again assuming Bitcoin continues to climb past all time highs over each 4 year cycle if it is still occurring.
Regardless of which direction Bitcoin decides to take between now and into next year, I am volatility trading straight into whatever it decides to do. Any dips or pullbacks and I am buying more BITX. It's worked for me for almost two years now and I won't stop unless/until I get burned with big losses for consequitive attempts at following my strategy. I haven't lost any trades so far even if they took months to become profitable.
re: Why do people hate Subaru
Posted by 98eagle on 12/8/25 at 11:11 pm to SlidellCajun
We like driving our 2015 Outback off road across fields and slightly rutted out dirt roads. We also live off a gravel road that gets washed out in heavy rains. Our Outback excels in these mostly light off road terrains. It's always dusty until we get a good rain shower. I haven't washed it except for the windows in years. When we do drive it on paved roads and highways, I like how it drives and it has plenty of power and quickness.
re: Bitcoin is dropping like a rock. Down to 99,200
Posted by 98eagle on 12/8/25 at 12:35 pm to Big Scrub TX
Hey Big Scrub TX, just FYI you can actually do a fundamental analysis of Bitcoin. I'm not interested in doing it because I hold long term positions in actual Bitcoin and Bitcoin ETFs/Derivatives that just ride the Bitcoin volatility rollercoaster plus I frequently trade Bitcoin volatility between BITX and trading cash in our retirement accounts. That's how I make money in my early retirement. I dump the profits into ever growing stacks of BITO shares and more cash each month.
Since Bitcoin is not a company you can't analyze it like a company looking at Balance Sheets, Income Statements, PE ratios, etc., nor investigate other tangible items like supply costs, labor costs, etc.
But you can fundamentally analyze it. I don't proactively look at Bitcoin metrics but I do see the fear/greed index every time I open my CoinMarketCap app.
Here's an article that describes how you can fundamentally analyze Bitcoin.
How to Rationally Assess Bitcoin's Long Term Fundamentals
My perception of Bitcoin includes the very last paragraph in the article....
"The better you understand why Bitcoin continues to rise in value, the more comfortable you will be with its volatility. Instead of being concerned, you can enjoy the journey upward."
That's my sentiment in a nutshell. I am 100% unphased by Bitcoin volatility. I just keep up with it so I can make a lot on the always dependable frequent but unpredictable price swings.
Since Bitcoin is not a company you can't analyze it like a company looking at Balance Sheets, Income Statements, PE ratios, etc., nor investigate other tangible items like supply costs, labor costs, etc.
But you can fundamentally analyze it. I don't proactively look at Bitcoin metrics but I do see the fear/greed index every time I open my CoinMarketCap app.
Here's an article that describes how you can fundamentally analyze Bitcoin.
How to Rationally Assess Bitcoin's Long Term Fundamentals
My perception of Bitcoin includes the very last paragraph in the article....
"The better you understand why Bitcoin continues to rise in value, the more comfortable you will be with its volatility. Instead of being concerned, you can enjoy the journey upward."
That's my sentiment in a nutshell. I am 100% unphased by Bitcoin volatility. I just keep up with it so I can make a lot on the always dependable frequent but unpredictable price swings.
I'm not debating the fairness of last year. I was just noting that there are no other examples of a team that gets a beat down to remain in the same spot or move up a spot. Can you provide an example similar to Alabama getting dominated where another team that got their butt whipped not losing at least several spots down?
Show me a game where a ranked team loses by 21 points or more, no matter who they played, and they move up in the polls or stay in the same spot
Show me a game where a ranked team loses by 21 points or more, no matter who they played, and they move up in the polls or stay in the same spot
re: Auburn you cowards
Posted by 98eagle on 12/7/25 at 10:21 pm to RTRnFlorida
Auburn has significant coaching and staff changes in progress. They weren't expecting a bowl game so too many changes were/are in progress. Major logistic issues to expect a game in the near future.
quote:Clemson/SMU was a very close game. 34 to 31. Georgia dominated Alabama.
Did you not watch things last year? SMU lost to Clemson. Clemson gets the AQ spot, SMU does not drop, and Alabama ends up out.
quote:#10 Alabama moved up to #9 after getting stomped by Georgia. Based on your math, anytime Alabama gets soundly beaten by a higher ranked team, they should at least stay where they are at or move up a spot in the rankings. Name another team who gets this kind of treatment after a similar arse whooping and the year, game, score and poll change. Bet you can't find an example.
Pretty sure they stayed the same in the CFP. What you expect? Them to lose spots in the CCG?
Well, for one they are the only team that can get the shite beat out of them and move up in the polls. Usually teams that get an arse whooping drop at least 5 spots and other teams jump above them.
re: Bitcoin is dropping like a rock. Down to 99,200
Posted by 98eagle on 12/7/25 at 8:50 pm to Big Scrub TX
Nice chatting with you. Best of luck in your investments and trading.
re: Bitcoin is dropping like a rock. Down to 99,200
Posted by 98eagle on 12/7/25 at 8:41 pm to Big Scrub TX
quote:You can do your own research, confirm what I state below and more
Let's say I accept this premise...OK, now do your fundamental analysis on it to come up with a predictive price. Is it worth $85K? $1K? $1M?
It is estimated to take approximately 3 million qubits to break Bitcoin's current network in 24 hours and 317 million quibits to break it in 1 hour. There are roughly a hundred known companies and research teams in the world that are working on quantum computing technology. Most have quantum computer capabilities in the 10s or hundreds of qubits. The best I have heard of is over 1300 qubits, and two research teams (I believe Harvard/MIT) are predicting they will be at approximately 3000 and 5000 qubits of quantum computing power in 2026.
I can't do a fundamental analysis on Bitcoin. I just know it will keep going up over the long term. It is still a new asset class and a great opportunity. It scares off the average investor though as they trade emotionally with the herd. Even with the recent prolonged downtrend and sideways price action, Bitcoin is getting less and less available on exchanges over time.
I understand that Bitcoin whales keep offloading Bitcoin as it goes higher in price and newby investors in the Spot ETFs and Bitcoin get shaken out of the market on downturns. Whale activity will continue to diminish over the years. The tail winds keep building. There will be supply side squeezes in the future.
Earlier this month, Vanguard finally announced it's whopping 50 million customers now have access to buy and trade Bitcoin Spot ETFs in their retirement and brokerage accounts. In the same time frame, Bank of America just announced it's over 15,000 advisors can start proactively discussing investing in Bitcoin ETFs with a guideline of 1% to 4% of their portfolio. Fidelity, Black Rock, Morgan Stanley and other financial giants are already doing this.
Bitcoin is not going anywhere but up in the long term. Everyone will buy Bitcoin at the price they deserve. The herd panic buys when Bitcoin rises and unfortunately the herd sells when Bitcoin stalls and trades downwards.
When there's blood in the water and Bitcoin just keeps dropping and everyone is yelling the sky is falling, just know that I am incrementally buying BITX all the way down. My unrealized significant losses are really just dollar cost averaging into lower and lower prices before Bitcoin eventually recovers. I'm one of the very few who can stomach it.
re: Bitcoin is dropping like a rock. Down to 99,200
Posted by 98eagle on 12/7/25 at 5:46 pm to Big Scrub TX
quote:I disagree on the no fundamental value part of your statement. Bitcoin is the most secure network in existence and in the history of every network that has ever been created.
With no cash flow or fundamental value and extremely high friction and volatility.
None of the super computers in existence can break it. Current Quantum computing technology is an order of magnitude away (likely decades away and trillions of dollars away) from having enough qubits to break it. Even then, a soft fork of Bitcoin will put it out of reach of any future Quantum computer technology if and when it ever gets anywhere close to being a threat.
So Bitcoin has extraordinary value in being the most secure network in existence.
I do agree with the part of your statement that Bitcoin has extreme volatility. Based on studying and investing in Bitcoin and Bitcoin related investments since 2016, I have seen that the one thing I can count on is that no matter which way Bitcoin is trending (up, down or sideways), I can always depend on Bitcoin to have unpredictable but frequent price swings of varying amplitudes, and that it always eventually recovers (i.e. in hours, days, weeks or months).
After inventing, tweaking and mastering an incremental Bitcoin volatility trading strategy in early 2024, I have been capitalizing on Bitcoin's volatile price action in our retirement accounts trading between BITX and cash.
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