All right, folks, we seem to have a full room, so we'll get started. We've probably got a couple more people trying to squeeze in in a few minutes. So we're going to, oh, I thought you were talking about test. I don't know what to do about it. Best thing is important though. It's a pleasure to introduce someone who I've known for a few years. Unless you've been completely asleep for the last few years, you will have read some, several of Temu's papers, starting with his work on PIP and the host identity protocol, and then on data-oriented networking. We read it in CS244 yesterday, the donor paper, which really presaged all the interest in information-centric networking, which has obviously been a big topic in the last couple of years. And then, of course, SDN, which is going to be the main topic of Temu's talk today. In addition to all of that, he's just received the ECM, the sitcom Rising Star Award at the end of last year, because so much of this work done early in his career, it's going to be kind of interesting to see what he does next, because it's going to be a pretty tough act to follow, I think, for all of those things that's going to be exciting to see. Okay, without further ado, I hand you Jamie. Thanks for the introduction. Hello, everyone. So I thought I would use this opportunity to present some observations and thoughts on the network design, and especially how SDN is about to change some classic assumptions we all have had quite a few years now. I think not everyone really realizes the implications of these changes that we're going to talk about, unless you have really, really carefully been following what's going on in the industry. But first few comments about my background, just to establish some long distance for the presentation. So I do write code, and I've stopped designing protocols a long time ago, and I have no first-hand experience about designing hardware. So please do keep this in mind. But having that said, I do have plenty of experience in designing and implementing these systems, and that's pretty much what I've been doing for the past 15 years, actually, of my life. So not even this background, you could think that I'm all pro-open-flow, pro-SDN, and I would have nothing but great things to say about SDN. But after using probably the past five years of my life to actually design, implement, and deploy Networks, Build, and Openflow as an SDN, I have to say that we actually did most of the things right in the beginning. But at the same time, I do believe in certain aspects of SDN even more than before. So I'm going to begin this presentation with some observations over the past few years what I've personally learned and kind of stumbled into. And then after this very brief recap of the lessons, I thought it would make sense to kind of focus on the aspects that actually see valuable in SDN, and so I will be talking about SDN as abstractions and instructions again based on the implementation and the planning experiences over the past years. And then finally, having these structures and abstractions that might build in blocks concludes this all by extending the scope even further and trying to share some thoughts about their implications for the Networking in general and perhaps their implications for the Networking community as a whole. So here's what you can see with the main feelings. So here's your typical classic, it looks just perfect, right? I mean you have this centralized model sees the program of the network, you can do whatever you want to do almost. You have this extreme power of your hands. You have these cheap switches you can use and you remain connected to switches all the time over this protocol every single vendor agrees about. So that sounds pretty nice, but some of you might have kind of a weakness and kind of felt the pain yourself. There's probably something wrong with this picture. So first, I think this whole idea of centralization can be very misleading, because it's just the fact that reaching any practical levels of scaling and availability you can't have just a single controller, but you have to be prepared for some level of distribution among the controller system. And now, while having said this, I'm not obviously implying that you would have to have the same level of distribution you have today in the physical network so that this is really right for the robot to actually spread through all the elements. No, we can actually implement the distribution among the controller elements, hopefully in a way that actually simplifies the control problem a bit. But we shouldn't assume that the distribution goes away. So that was fairly obvious. So what about the protocol we use to control these switches? I mean open flow sounds practical, it's very powerful, but yet at the same time it's actually a very fine crane to manage in the switch state. And it's actually this fine crane aspect that actually complicates the management of switches quite a bit if you're doing it at scale.  It could be easily tens of gigabytes or just flow entries. And that's a lot of state for any kind of a system. And obviously it's even worse if you follow the kind of classic ethane model that you would forward always the first packet all the way up to the controller cluster. It just makes it very complicated to the scale. So it's clear that this sort of a very low level T-cam like abstraction and this T-cam like state management as well as pushing the first packet into the controller cluster it doesn't mix well with large scale systems you see in data sensors. So clearly there are way more efficient presentations of that same state. You almost like push some policy integration down the switches and then they let the switches themselves transform this policy configuration into flow entries globally. Just like with the router CPUs they don't transfer flow entries directly as such down to the line class but they actually transfer routing entries down in the line class locally transfer their or transform the entries into flow entries that can be better in basics they have there. What about the vendor nail quality of the protocol?  And the simple trim the single huge open flow table you have at every single switch they are even after five years and in fact even today utilize all the capabilities and resources you have in the modern chips and switches you have to be prepared to customize everything in terms of the hardware pipeline exposed by the vendor. We obviously know the root cause for it because vendors do care about the production costs of the chips and the dice actually doesn't matter when it comes to the costs as obviously they do care about having unique features from the competition point of view. And then finally this assumption that the controllers do remain connected to switches all the time it just doesn't fall in practice because network politicians do happen and you have to carefully engineer the whole system in a way that even though your switches is connected from the controller cluster you may be still connected on the data plane inside and packets may be flowing and you have to do the right thing and you don't have the exact connection to the controller. So again, it's again not that simple as the original simple classical overflow model made it sound. So all in all so you would think that I basically locked my fate in SDN overflow not for quite a year because this is a fairly skeptical viewpoint I think but I just trashed basically all the central components of the classic SDN overflow design the centralization is not there the overflow as an abstraction is way to a low level network partitioning makes things more complicated in practice and it just doesn't seem the right thing but it's actually exactly I think all these issues I mentioned they have only clarified to me what's really essential and foundational in SDN and why it's actually still has always been on its way to change the way we do network that makes me say so I think really the most important lesson of SDN is the separation of control and data plane it's easy to say that but what I actually mean by that so we know why internet is so robust it's this extreme level of distribution of functionality over all the network elements that makes every single network element being able to operate individually without any help from the rest of the network and it's really beautiful from a robust point of view to do any better than that but unfortunately we do know what it means from the control plane point of view because now the control plane becomes totally distributed there's no single central API of any kind in the system where you would be able to contribute to the whole network so you only have indirect means to control the network by fine-tuning the knobs and setting of individual network elements and the same problem actually exists on the data plane side as well so spreading all these apples, all these complicated policies all over the network element doesn't exactly simplify the system exactly the opposite actually and this is just because we have been enslaved with this sort of an extreme model of distribution that we have to distribute all the functionality over all the network elements and getting rid of this thinking is I think the very value of STN because STN was the first one to actually articulate that we should not design the control, network control in terms of the physical topology instead we should decouple the control plane from the physical topology not to a single server but to a cluster of controllers and then then design the control plane distribution in terms of the requirements for the controls, scalability and availability of the problem we are solving and we can do that by following general principles of this huge system instead of being confined in this small corner of the science space used by all the routing protocols and if you do that then you can really open your mind and start thinking the overall structure of the network, not just the control but the whole network and how you could make the network more simple how you could make it more flexible how you could make it more modular all those properties we have been lacking for the networks and I think it's exactly this change of the priorities from the data plane towards the control plane and its requirements, simplicity and the modularity and flexibility that I see the most valuable aspect of STN so now that we have actually three of ourselves from the physical topology and this extreme distribution we can start redesigning the networks with this mindset in our heads so where are we today just from random calls you obviously know what I'm going to say here basically that we just have this huge collection of protocols today and it's like the mess it's not a world-defined science of any kind if you show this to anyone say broken languages, operating systems fast system, databases, communities those folks at least have some sort of principles and foundations, we have nothing we just have to set up a pile of protocols of activities so how did we get here it was actually fairly easy because we just get to implementing new data plane mechanisms and solving data for the problems one after one and that's fine as such but whenever we did so, what happened was we kept adding new mechanisms on the control plane side of the older mechanisms and when we were done with the one problem we moved on to the next one and what happened was obviously over the time we were filing up more and more control plane mechanisms and eventually we had a fairly interesting collection of protocols and control plane mechanisms and as you know this resulting mix of control and paid protocols it's not simple to reason about but on the data plane side at least, we have some basic layering and kind of makes sense because the focal point was always on the data plane side and on the physical topology so the kind of focus was there first and it was always the control plane that had to add up to this problem solving on the data plane side so even that we have this sort of a mess with the control plane protocol so let's think about what's really the fundamental causes for that so it's always so easy to state that we have a problem, it's a mess but what are we really missing in terms of solving this mess we have pretty much everything actually relates to or revolves around the concept of multi-labyrinth so for instance we don't have too many concrete very good, very explicit examples of several sources of concerns meaning problems of one particular problem one particular, one specific protocol then spill over from that protocol the weather protocol and then it's like like nothing is nothing is contained and everything becomes because the implementations, the protocols they will introduce dependencies between themselves and you don't have this nice property that one problem would be solved at one location within one component and the rest of the system wouldn't have to hear about any aspects of that problem so the overall system becomes more and more complicated because we have more and more dependencies because of this lacking separation of concerns and then I think that the very principle of abstraction is also somewhat lacking and it's a bit different from the separation of concerns in the sense that every single developer who has done any sort of like object rendering knows that you should hide the internals of your object or your class from the users of the class and why you do that if anyone from creating dependencies into the internals of your implementation so that later you can actually replace the implementation without anyone knowing that you replace the implementation with something that's improved somehow improve the implementation and but the key here is that you need to have an abstraction you need to have an interface for this module so that the users of this module don't create any additional harmful dependencies to the implementation of this module and this is very obvious in programming but we don't follow this principle really that well when it comes to networking so no one said that this would be easy I mean you would make the statement that networking is a young field of computer science and first we had to make our systems functional first and we didn't have time to make them pretty so but I think it's exactly thanks to STN now sit down and actively think about these problems and the reason why I'm saying actively because it's so trivial to miss these sort of structures and abstractions I'm referring to because you have to be explicitly looking for these principles and these ideas and these concepts and again the analogy to the programming would be that everyone who has any sort of a programming knows that if you're trying to improve the modularity of any sort of a major major application that takes active effort even keeping the modularity at the same level requires active effort but if you're going to improve it it requires way more effort but if you don't do anything it's currently that the modularity level goes down you will have more and more dependencies within your system so next I'm going to go over some structures and abstractions I've stumbled in over the past five years and we can have some interesting long lasting implications in terms of simplifying the general network design and they're exactly building on these two principles I mentioned separation of concerns and using abstractions to high details and to reduce dependencies so the first structure is called fabrics and with fabric I basically refer to a similar provider of connectivity you have within the routers and switch sheets you have the backplane that provides full bi-sectional bandwidth between any endpoint attached to the backplane and this time the only difference is that we're doing it over the network instead of doing it within the chassis so let's think about MPLS network in MPLS network you have the edge routers that are the only ones that are forwarding based on the IP addresses but in some sense that's where all the semantically interesting stuff happens because in the middle of the network you have only these simple switches that just lay forward the targets based on this MPLS labels so there's this very clear divide between the 4 and edge there's this very clear separation of concerns in this sort of design and now let's contrast this to the this MPLS network to a modern computing environment which has been virtualized meaning all the wear clothes actually one on VMs which run on top of high devices and obviously in this sort of a network the VMs might belong to different talents and every talent probably would like to have their own network and not exposing any other traffic they have to any other talent so how people do it how people solve this sort of problem today the data center says that they actually build tunnels a layer of three tunnels over the network core and the tunnels contain enough information so that the receiving hypervisor knows to which VM this pattern belongs to but the point being that this sort of a setting actually becomes very similar to MPLS in some sense because it's again the edge that is basically doing all the semantically interesting processing for the packets because the middle of the network is doing nothing by forwarding these encapsulating packets quickly, deeply over the network and it's this internal part of the network that is doing nothing by forwarding packets these tunnel packets that we call battery and in some sense this battery they're like one huge switch all these hypervisors use just to send quickly packets over the network but the point here is that neither the battery cares about the packets that are sent over it doesn't care what's within the encapsulation it actually doesn't care about the encapsulation format that much and the same way hypervisors don't and definitely not to VMs they don't care about the internals of the battery so this should sound fairly similar to the kind of a backplane design that has it at this point we just do it over the network instead of doing it within the chassis so that's the reason why within this sort of environment you actually take these other networks because clearly you could just pick a different sort of a design and say well it's more of a classic design and say let's implement the isolation of all the features you need to provide for the VMs through all the network say by using BLANs and NACOs you can actually claim that all the benefits and reasons why people do it do relate to the separation of concerns because in this sort of fabric model it's exactly the network edge that implements the network policy and fabric is just doing the and it's this separation that allows both of the solutions actually become simpler fabric can just focus on delivering packets it doesn't need to understand anything about policies you don't need to have tackles anything implemented in these switches or you don't even have to support tackles within the chips that's used within the fabric structures and on the edge you can focus on the flexibility than providing interesting network policies and features but be less obsessed about the speed and more importantly you can actually evolve these both independent you can replace the fabric without changing hyperblogs at all anyway you can upgrade the features you provide at the edge of the network without changing the fabric at all and it is obviously very convenient if the vendors happen to be different for fabric and the edge so such a very explicit we're on kind of heading to to do with this this clear divide between the edge and the core so edge was all about the flexibility of operations speed less fabric was more about providing reliable which sheet transport and as you can kind of predict the the hardware platforms you use to provide the function within this sort of a network they are very different x86 all about flexibility fairly okay in terms of packet forwarding but not that great whereas asics very rigid, very difficult to add new features but extremely fast extremely they provide extremely high aggregate bandwidth so fabric was the first structure so let's look at another structure of stumbled endo which is even more useful in terms of more useful in terms of stability, modularity and increasing simplicity to the network so do you think about the networks, how do we configure them today it's pretty ugly actually the network policy configurations then as discussed earlier it tends to span over all the elements you have in the network so just think about the simple policy of A not being allowed to talk to B in which element would you kind of enforce this policy and what you would do if either one of them actually changes the attachment point within the network so once you are asked why should admins even care about this sort of low level details it wouldn't be much simple if they would be provided with this sort of a virtual switch and they would just operate with that and they would declare the policies A can't talk with B and then some magic below would take care of propagating all the policies and configuring the policies properly within the network below and in terms of that this sort of detail hiding is exactly what network virtualization is about instead of exposing the details of physical networks for the users as such we let the users operate with the topology of virtual switches and routers so obviously it's not one-to-one mapping you can have multiple virtual switches and multiple virtual routers implemented by a single physical switch and it's not even like one-to-one mapping in the sense that virtual switch could be implemented over multiple physical switches but what's essential here is that that users are provided with a topology that has nothing to do with the physical topology the topology users are provided with is exactly that complicated as they need to express their policies so in some simple cases a single virtual switch a single logical switch could be completely enough to express all the policies that they might have in the data center but you would have more complicated, more demanding customers more demanding tenants that actually would be able to have a bit more complicated topologies and then you might have some extremely demanding customers that have policies that are topologies, logical topologies that are even more complicated than the physical topology below but the point is that it's only as complicated as the users need tenants need and that topology remains stable regardless what happens below in the physical topology so not only we can actually use the virtualization network virtualization to high details of the physical layer from the users but we can actually use recursively multiple times and in that manner we could actually make network control scale wider and wider areas of the planet almost in some sense because we can hide lower level details from the higher levels of the system to the extent that it can scale because at the highest level you have policies that you care about at some global scale and then at the level below you have more fine-grained policies but they are still not at the lowest level where you care about all the little details so this is just kind of a basic simple of basic basic volume the basic principle of networking that you have to aggregate in order to scale and virtual switches actually if you use virtual switches in this manner they actually provide this is fairly subtle point but they provide a nice interface in terms of the policies because the virtual switches below actually can internally implement and follow whatever policies they have in terms of the traffic management and they don't have to listen to the higher levels at all in terms of whatever policies they might have as long as they provide this sort of virtual switch interface they can internally use whatever traffic management policies they might prefer so it's kind of a clean interface in terms of two different policies kind of almost like dodging each other within the network so how do you identify this sort of a hierarchical virtual switch structure well it turns out that it's just following the very basic principles of networking first you establish the lowest level of virtual switches are probably the smallest area of connectivity in some for instance a site could be a single virtual switch whereas the second level could be say a metropolitan area then building on top of these site-specified virtual switches then you probably have to also consider the failure domains meaning the smallest failure domain you have is probably a single virtual switch and then the bigger failure domain building on top of those failure domains again would be something you build on top of these low level switches so for instance the metropolitan area could be built on top of the site specific or building specific with virtual switches you have and then the last point that if you have this sort of a need to separate policies at different levels the virtual switch interface is kind of a very good candidate to do that so back to the implementation of the virtualization so nothing says that we have to actually use the physical any physical switch in the middle of the network to provide the network virtualization for the users of the network instead what we can do is we can just combine the ideas of the fabric and the network virtualization and just make the middle of the core of the network the fabric that just relates the packets from one edge of the network to another edge and the edges are the ones that provide all the semantics for the user and in this case they would be the ones that provide the user with these sort of abstractions, these logical topologies to connect their VMs too and we don't have to stop the switch system routers, what we can do is that we can have virtual services as well provided for the users and again we don't have the touch the middle parts of the network we can start to implement everything at the hypervisors or whatever x86 service you might be using at the edge and the middle part of the network remains still simple even though the users are provided with all the services they're used to have in the physical interface and we have so far we have the fabric simplifies the hardware in the middle of the network and the edges are the ones that provide all the semantics in some sense for the user and obviously in the hypervisor based environments it's the hypervisors that provide this edge using x86 and it's all software, it's extremely flexible it's huge proof because of the pre-nation of the software and then we have this mechanism of network virtualization that we can actually finally, first time in the network in some sense to simplify the topologies the control planes have to match because we can expose for the higher levels of control plane or these logical controls or we can expose users only with topologies as complicated as they need for their workloads and for their security policies so we don't have to expose the users all the time with exactly the same physical topology that may be very complicated and has a lot of details that are completely relevant for the users and the virtualization can be implemented completely in the edge so now we're getting to the interesting part so how does this all change that they find the role of the software and hardware in the network so a long time ago probably way before many of us actually used networks this is how network elements were built for CQs both doing the control both implementing and providing the control plane as well as doing the packet quality that's all we have and then obviously as we know, networks became more popular traffic volumes started to increase and we had more and more packets to forward and then at that point we realized we have to do something special with the data plane and that we got totally crazy with optimizing the data plane that crazy stuff but that was the history and now I claim that we are moving to the third phase software is again taking hold of part of the data plane but it's not doing it for the whole data plane just for the edge and what we can do is obviously XA is becoming faster and faster but it's also because of the fact that in case of hypervisor environments the forwarding you have to do you have to do it only for the VMs you have locally you're not trying to replace some high high aggregated, highly aggregated switches within the network with X86 not at all but it also means that because X86 is now providing more function at the edge of the network the rest of the hypervisor can get more simple so this gets us to this very clear divide of roles becoming fairly obvious at least in data in the networks that software provides all the semantics, all the policies all the interesting stuff at the edge and hardware is providing the high bandwidth of forwarding packets and in some sense this is a perfect marriage and hardware is doing exactly what it's so great about and software is doing what it's creating software is adapting to the user requirements that evolve quickly and I've seen for instance software vendors for the data paths to release new releases or new features for the software data path every month you can't think of a hardware vendor that will be able to do that with the Asics but that's correct in some sense this is just a modern version of the end-to-end principle what we are doing is we are removing something from the network from the middle of the network that doesn't have to be at the edge if it's enough for the overall system and obviously at this point quite a few people in the audience are still thinking that software never works it never has to work and it never will work but just to repeat it's different we are not trying to replace any highly aggregated high fan out elements here with x86 they are still there but the key thing is that they will be there and they can become more simple now because they don't have to worry about that they are providing the same on each of the users and as I said the software forwarding is more like a tax for the hypervisors they are using just a small fraction of your CPU resource that packets for your local VMs that's all so this has some fundamental implications in some sense the privacy is actually getting kind of turned upside down because today how the overall design process works in the classic network hardware software or elements is that the data plane the asics the cost of the dye service kind of drives the overall design completely and it's always the control plane that has to adapt to these restrictions you have on the hardware side so whatever little resources your hardware is able to provide you have to somehow work around those limitations and just the practical implication is that the overall system becomes more complicated because the control plane has to take the pain and implement some complicated protocols to kind of deal with these tiny labels you have for instance, for instance in the packets because asics and the T-cams are expensive and they can't match overall labels for instance whereas if you use software at the edge to provide all the network semantics that actually is completely the opposite you can start from designing the network control and the requirements you have for the users and the overall management and then you can rely on the fact that because you have software forwarding below it kind of reacts it can provide all the features you might need to realize the network control measures your implement using the control plane and the nice part here is that it actually results in a simpler system in overall in the overall what happened was that yes the asics was simple but the whole system was more complicated and the whole system is more simple and the software might be involved but it's a local problem it's not a global distributed problem what you have there so that was the divide between the hardware and software and how it's changing but I think this actually has even some larger implications for the networks as whole and how we understand the reason about the networks so if you look at the networks today it's basically a collection of different control planes as I mentioned earlier on the public level you have all the even the protocols of the spanning three protocols and the variance for them and then you have some wholesale replacements for those protocols as well and then obviously on top of that you start building the inter-domain running protocols and not only you have quite a few of them but they also have to be designed and implemented in a way that they interact probably with the protocols below and even if you would be using at the both of these layers probably you will have your own implementation for every single protocol just in case and then again once the scope of the network gets wider and wider you have more and more protocols interacting with the low level protocols and then finally obviously you will have to interface with PGP and in overall this whole stack as discussed becomes very complicated to reason about it's just a random collection of protocols in some sense that we have gathered all the time so why this is relevant then well if I use these structures as just discussed earlier I can actually construct exactly the same sort of a hierarchy with roughly similar properties just by using the same principle multiple times the same abstractions multiple times I know while doing that I probably would save quite a bit of code as well but I wouldn't have to have a custom implementation for every single layer and the point is that I might have removed the protocol specificities and these different implementations but this also could make the overall system much more simple to reason about because it's not anymore just some sort of a random collection of different techniques but it's built on same principles applied multiple times and obviously I'm not arguing for the replacement PGP here it's PGP that's what I said about the example here so my point is not that much that that would be exactly the approach to use to implement this sort of hierarchical global scale control plan with SDM my point of point is that there is an alternative the current approach of using traditional distributed protocols and this alternative doesn't require us to use any protocols and we don't have to approach the problem the protocol point of view but we can actually approach this problem from more of a systems distributed systems point of view and it's all about using just some values that with principles instead of coming up with these specifics for every instance of traffic the same problem so networking community tends to think that networks are somehow very unique and from the rest of the systems but as we know if you have written any sort of code with NOx SDM control of platform you actually don't need to know that much about any of the protocols and I claim that larger networks are not an exception it's just distributed systems and you have to apply standard principles of considering failure domain and locality and perhaps a bit uniquely in terms of networks you have to consider also the policies but designing this sort of a network or this sort of a wide area huge almost global network control system doesn't have to result in this sort of massive protocols we have today that also implies that if we take away all these protocols we as a community have our networks quite a bit of the magic we kind of have the secret source as this appears and in some sense protocols are any more the kind of an asset we kind of carefully maintain and see the value of us that the value providers for us but if we do that I claim that actually from the science point of view we are then making huge progress because we are applying this implies that perhaps actually in the end in the networking you have some well defined principles and constructions or constructs and structures that you can apply in principle manner without relying on this sort of a mixture of protocols we have today and which we by the way each do all the students still I think so time to summarize so as discussed I think the real value of SDN is actually the opportunity for us opportunity to consider or reconsider the structure and design of the networks and fabric of the network virtualization I gave as an example there are also some favorite designs becoming almost a default when this stuff is deployed in the industry and the structures actually I think they are kind of on their way to cause this divide between the software and hardware to be changing once again in the history of the networking and it's obvious that the virtualized environments that are driving this change and as you know more and more and more and in the same way less and less relevant in practical requirements and surprise surprise it's not network product developers that actually write and develop these systems it's all standard systems these systems developers that implement these products and maintain these products and in my opinion that's exactly what the software of SDN stands for it's about implementing both forwarding and the control plane in ways that you are free from the kind of classic way of building networks that have all the constraints of the hardware that have all the constraints of the disk for of course instead networks actually could become the standard systems that you use the standard software development practices and principles to make the system simple, modular and very flexible that's all I have thank you so when you were talking about the fabric and the edge separation what is your mind is the boundary between fabric and edge in some of these kinds of networks like residential access edge, wireless edge, cable edge there is an edge where there's a heavy there's a lot of flexibility that also tends to be an aggregation point in your view is that still the fabric or is that the ideal design here because I was concerned but I think you can kind of apply the same idea in case of like residential perhaps it's the first home not at the home but say at the provider I don't think it needs to be kind of a strict boundary there's not a strict rule where you should have that the first hope so to say and some of the kind of environment you have so for instance what you would have is that the network virtualization solution we are building for instance we can integrate remote enterprise sites and in some sense we are just placing the edge to the remote site they have all the networks all the existing like us networks there at the site but we provide an appliance that integrates their physical network to the network virtualization solution and then the edge is actually that device you still have the physical network and that makes sense it tends to be that there's also a heavy amount of aggregation happening at that point so when you were saying that edge doesn't need to be aggregation it does make sense that you push that edge all the way up to that first hop but there's also a heavy aggregation but you would also argue that you would be able to do these other aggregate networks that provide you that connectivity in a very simple manner that just kind of channels inside of a device that provides you that boundary meaning you have to have, I'm not playing with X86 to be the one that provides you that functionally but you would design like high aggregated connections towards an appliance that provides you the processing without having the high number of connections actually terminating that element so there's to have a distinction like the affinity here in that hierarchy that you belong to but isn't that what you were saying because I mean that edge point is still software and the software has to run on a platform and you said that the platform is X86 yet as you mentioned was pointed out that point in the network is a high aggregation point so it's vast amounts of computation so how do you reconcile these two things? I'm saying that you don't have to have a huge number of cables being terminated into the appliance having the processing power so at least you can separate that problem away you don't have the problem of providing having a cluster say that provides you with the necessary number of CPUs and processing power that's a heavy cost that you need to consider which is that if you really want to do it it's a function of the population you have behind that device or that cluster definitely but in some sense you have to also remember that you are removing some functionally from the net and it becomes simpler so in the total scheme in the global scheme of things you are just kind of moving things around it's not necessarily saying that you are adding more resources global you are just adding more computational resources to that element, that cluster but the network elsewhere has seemed to are at least You've replaced sort of inexpensive high performance assets with expensive low performance CPUs because of your flexibility So the modularization example that you gave is the operation of edge from the fabric and how policies can be implemented independent of what's happening in the fabric but what if your policy is driven by the state of the fabric, what's happening for example let's say What would be an example of that let's say you want to do some sort of traffic management rate control at the edge based on how congested one particular node is in the fabric that's really optimized in terms of there that's an optimization, then you have to expose some hints that then you can have the sort of a total decoupling examples I had in my mind was that you provide a full five sectional bandwidth and that's all you do but even in that case actually what you would do is that the higher levels probably the layers probably would provide some QoS classification bits for the lower level levels for the fabric so the fabric is able to do the Q in properly again the picture I had was kind of an ideal so for instance QoS is something you just can't avoid you have to expose some information for the lower level Can I just respond to that I think the way I think about it is the fabric can have a different level of service that exposes to the edge and the edge can provide policies that for this traffic I need this level of SLAs through your fabric and then fabric can do automatic rerouting the worst case unfortunately is that you might have you can't aggregate these policies you can't have you aggregates of QoS policies in some very exotic use case and you might end up actually a huge number of those categories of traffic you have in your fabric the fabric is good as a dump fabric you do it as a fully traffic engineered fabric it's basically full five sectional bandwidth you have some fabric and QoS bits are basically the only ones that you provide as an extra piece for the fabric to do the proper thing in case of QoS All of this can be easily mapped to the data center context but when you go on to exercise the mapping into all different types of micro-government that is going back to a major question I definitely can't claim that I definitely can't claim that so we have actually the students at Berkeley have done some work of trying to map this sort of a hierarchy over larger topologies but even they haven't considered all the details all kinds of savings because more on the bandsaw basically Just to point out what the kind of thing I get back is it's not really the data center when two ends are covered by same organization then a lot of these things would go in place for example internet to a data center won't work data center, data center, back bone, back bone and you control the board ends then the assumptions like you have a factory kind of connectivity or you have very nicely traffic engineered stuff all the assumptions won't work then if you could elevate remove some of the intelligence from the network into a different mechanism which can control the flow of traffic across the path then as long as the both paths are both ends then you can do a lot of things so you're going to have a high level traffic management almost it's pretty interesting though what I see is obviously just nothing more than a switch getting into the server right then the came the product was like VXOI NVGRI STD moving this product back into the mic so what are your thoughts about it it looks like it goes to a cycle so I might actually have a very strong opinion about that you shouldn't fix these protocols actually within the mic you should just provide the primitives within the mic that accelerate the encapsulation and you can actually do that I think even the modernism, modernics today they don't, the high end nicks at least they have mechanisms that allow you to find offsets basically they don't understand protocols really you just have like a library of primitives almost that you can't even use I think that's the way to do it because then you don't again get found in the hardware and the development cycles you have within the software the control remains still completely in the software if I were to be kind of a same fate of that to me right so you mentioned that network programmers have to become distributed systems programmers so I was wondering as a programmer what are those constructs or primitives that you think are most important for networking people to learn to move into this distributed systems world obviously it's just the database and consistency stuff and all that kind of useful classic distribution systems literature based it's I don't think, I think it's more about the mindset actually in some sense so for instance the people I work with none of them is kind of a classic network engineer they all have a background operating systems actually and it's kind of interesting for those folks it's easier to kind of move into this domain of SDN than from the most of the networking folks because networking folks have always the package whereas the operating system folks kind of classic system folks well they perhaps don't know all the details of distributed databases and all that sort of techniques at least they don't have that package they have more of the correct mindset when it comes to the overall system but unfortunately I can't give you like a list of my top 10 what so are you looking for something like what I would call SDN 2.0 where you can implement all these nice features that you solve the problems that you described in the beginning like reliability or is that still you don't really need SDN 2.0 you can do let's say reliability and specification or the controller using standard in SDN 1.0 so the funny thing is that we never think that we are actually building SDN networks we are just building systems and we are always solving all those problems I mentioned but I can't go into all the details of that work but it's not like we don't think this is a term of an under the umbrella of SDN we are just building software systems that solve all these problems and the fact that we call it SDN is actually almost more for the external communication I don't know if that was kind of a response to your question let's say you know the problem of your liability with the controller is with the standard ways to say you have an Africa you have some distributed product so you don't really need to redesign whatever the product was and where you are for what is called as the sure, sure, sure I mean in some cases we are building everything for straps, we control the V-switch we control the cluster so it's just software for us we don't have to be bumped by any of the overflow or any of the SDN kind of assumptions it's just software for us so in addition to being a protocol overflow is sort of an abstraction for switch functionality but it seems that you've argued that in the core MPLS gives us a good enough abstraction and at the edge we don't need a protocol we just need an API so my question is, what's the correct switch abstraction for both the edge and the core and what's the API to that so when it comes to the when it comes to the pure fabric I actually think that you can do pretty nicely with existing tools IGV protocols and usually you probably need a very good reason to go beyond that but all these protocols are fine too they do exactly what I expected you and they are stable and they have been defaulted pretty nicely over the past 20 years but when it comes to the switch in the face of the edge then it gets more and more interesting and there's kind of an extreme two extreme vent concepts post here some argue that it should be almost like X86 you download code you download the VM and then that VM is staying in the face almost and then the other extreme is that when you improved all the protocol enough to be flexible enough to allow you to do the failure domain, the failure handling properly to allow you to do all the operations you might need to implement the server virtualization and I wouldn't actually let the comment where we are within the spectrum but I think those are the endpoints in the spectrum and it's kind of a delicate balance in the sense that X86 is kind of easy to say and even if you download X86 code there you probably still have some of the protocol it's often at appliance but that protocol problem is very application specific it doesn't have to be like all in all it could be like related more to the problem you're solving so if you're solving this it seems less of a protocol it's a protocol still I mean it might be you know kind of a like perhaps it's not the protocol in the old flow sense perhaps a more kind of like RPC kind of thing what do you have because it's definitely more application specific to take that role Any other questions? Okay, well let's thank our speaker


Shout out to everyone jumping on in bitcoins been sideways, but down a little bit And we're gonna show you we're gonna talk about that 200 SMA on the seven minute and we're gonna break it down for you right now And I'm gonna still check that I'm live and I am excellent. All right shout out to everybody here Let's get the stream up and running and let's take a look at our baby book map I've had it running since seven in the morning. Look at all the liquidity above us 47 548 48 549 49 They're setting up to destroy the shorts right and they're keeping a lot of liquidity closest to us So yes, I do see 38,000, but I'm not as threatened by this liquidity because there's just so much more closer Like this bar 48 cases we hit it, you know, whenever I see a bar that close Suggest that we hit it. So So far, you know and again book maps not always a hundred and ten percent And what's interesting for a Tuesday usually we see a little more volume Things are kind of like a little drier like they feel like a Thursday for some reason like price action starting to flatten out I don't know why but it was you know, we did have the the noon pause people ate lunch, right? Back to the markets, but we'll see I'm in this trade right now. It's down 70 bucks last time I looked at 117 Starting to actually get pretty pretty. Oh, wow. It dropped fast in the last two seconds And there it is I mean I was waiting for the five of the seven to lose the 200 SMA once we did that It's we were very oversold. We're still inside the sideways price action. Let's take a look at Bitcoin But oh wow, we're in the nice flag on the seven It's funny. I walked away from the charts. I went and ate lunch Rested my eyes from the screens for a second. I've been doing, you know, the screen works in seven in the morning I bring my daughter to school, but it literally it's a four-minute ride, you know Like there and back it takes about five to six minutes and then I'm right back in so I literally just walk out the house Come back in and then I'm right back in the charts I mean stop loss didn't get hit yet, but the risk is you know, I don't like losing a lot like I'm risking 400 bucks You know if I hit the stop and the key is that the seven minute loses the 200 SMA I told myself I would be out and then I would only get back in once the once we got back above so Technically right now my rules have you know where I'm breaking my rules like technically I should be out of the trade because we've lost the 200 SMA on the seven That's my rules, you know, we should have stayed above it gotten tight and blasted to the upside But we did not that was like a turning point. It's kind of like a why in a road, you know, you go left or right And that's a point right there. We're either gonna go left or right. We're gonna stay above or stay below Okay, and that's just kind of what happens It's a quiet day in the market Everyone's waiting for tomorrow like no one knows what to do, right? It's kind of like Tomorrow's kind of like a fed day. It's like trading news in a way, which is weird So do I bail out of this trade does it get worse? I mean a bit of an M Resistance couldn't get above the resistance So like I don't have to foam off it gets up up here and bounces then I can get into along again You know, it's gonna just go all the way straight up and I'm gonna no It's there's gonna be a flag here or some type of pullback and then we'll break above this resistance and it's confirmed So right now it's more various than bullish However, the oscillators are very oversold expecting a bounce. So it's you know It's calm. I'm in the middle on whether I should take the trade off or not But you know, that was the trade from earlier. Did not is not playing out, right? Again, remember I only have to be I only have to win three out of ten of my trades and recently I won I Only lost one out of like six six So if I lose this one, it'll be two out of eight, you know, I've lost I will win six out of six wins two losses. So I'm pretty excited. It is my for my next go around with 5k. I take 5k. I turn it into 7k I don't know why just that's just the numbers I chose, you know, I mean, I find it pretty difficult to do It's not easy, you know for me personally, it's you know, and I I grind up and then I you know, I Take out the 2k and then I do it again. So so far. I've done it twice and You know, since I started doing it somewhere in October or something and so yeah Made 4,000 and I you don't want to keep doing it. So there's an Adam and Eve double bottom there technically in the seven You have a little bit of love there There's a little bit of bullish div even on my on that indicator on the you know The automatic indicator is saying hey, there's some bullish divergence here It's almost hidden bullish swing down to swing down while that swings up Little bit of hidden bullish Excuse me One second. I'm gonna mute the mic if I sneeze again. How's everybody doing? How's everybody doing life for family? Shout out to Ivo 10 rope shout out to 12 big doll shout out to lifer Adam Yahuda L and after I was investing and bless you. Thank you Yeah, what do you guys think? What's the feeling out there? I just want to hear what you guys have to say Shout out to shy anyone watching. What do you guys have to say about today? How do you guys feel? What's your sentiment? What's your thoughts? If you were in this trade right now like me, would you peel off the trade? Just want to ask you Let's talk about it. You're in this trade Right You're in now where it must be down 80 a hundred bucks. All right, if it keeps going you lose 400 You have five grand in the account Would you pull it off would you wait for it to either hit the stop or go to your target? What would you do I Left it alone lost 2,500 in profits I'm long mixed waiting for the ETF waiting for long. I'm long Interesting book map says hire I would stay it Amen, right But you never know right, but you're right that order is just sitting there above us like do be do be do But I also do my TA man, and I know that we lost the 200 so Five minute lost the 200 Seven minute when you look at the one hour and just leave the one hour alone Right, you look it just you know, you're still on a flag on the one-hour time frame Till you break this trend line that the trade still pretty valid in my humble opinion You broke in but you broke back inside and that takes you so when he flags still there like you in a flag Till you're not right You'll probably win the trade tomorrow for sure. You're funny I'm long left it alone. I'm long and I'm going for it. I was in the trading quit before the dump Okay watching it Kirtel Velico I Like I want to ask a question more of you hit came to the keyboards What's your day like today today for me is 35 degrees and cloudy. All right It's raining hard here in East Tennessee Nice. No state tax good for you, man. All right So this is it I mean, we can't make anything happen. That's not gonna happen. You can see price action is like drooling right now, right? It's like Anyway, who here can make the water drop sound with her mouth That's what we're doing here on the deck. What is he doing on the book mat stream? So we're sitting inside of a flag here Target is fifty thousand nine hundred Can we get there? Sounds by Sam so I See bearishness because that we're below the 200 and that tells me to pale I can always get back in when we get back above the 200. All right. This just tells me it's only gonna get worse Only what keeps me hanging on is that when the stokes are this low? I hate to say, you know, I only like selling when the stokes are high I don't like selling the stokes a lot Long a few alts as well high risk pay the bills Just got some groceries Bumming it around the house doing laundry Interesting. I don't know tar. I never really listened to Tarzan. So wow, I didn't know we'd be so flat right now It's funny when I did look at price action. It did seem flat But I thought oh, maybe we'll pick up one thing I do want to talk about if crypto gets a big move All right, we want to look at Alex if Bitcoin gets a big move Alex There's a few all coins that kind of help. Well, we'll get a big move and that's Alex, right? So Alex is sitting in this flag consolidating after a sell-off from 49 and only at 35 We got into Alex at nine. I bought nine cents Alex in front of everyone in the live stream somewhere like here, too Or maybe even right here and then it would dump I remember would go a little lower and lower and lower that was it like for a while It was like five cents doing nothing Then it woke up and exploded when the whole, you know, Bitcoin ecosystem exploded And I just want to touch on that and so you have STX Alex and Ortee these are the three musketeers There's a bunch of other things that you know that are going to be in the space But these are going to be your main major players Right and there's STX getting a move to the upside in the last two three days to for 26% One of the bigger gainers in the space STX the reason why they move is because they're basically what's building the ecosystem on Bitcoin All right, they're the ones at the forefront so I love it because It just shows how strong people never thought we were gonna build but we were like we were never gonna sit and never build on Bitcoin, you know It was only a matter of time So it's pretty cool to see the building happening on Bitcoin, right? And we were even looking at STX at a bulk and it looks like it's gonna continue So just want to put that on the radar like STX Alex, right and Ortee Ortee's another coin That all kind of are the backbones of the Bitcoin ecosystem. All right Right now. We're just watching Ortee go sideways. I Want to see if it can bounce off of here and kind of make a symmetrical triangle That's all I'm waiting for price actions a little wonky at the moment. So we seem to be sitting at 466 We seem to have stabilized though, right and That's what we want. We want to bounce bounce now We want to see if we can low a higher lower even look at this This would be a bit of a double bottom here for Bitcoin. So there's not much I can say I remain long right we see liquidity above us and Yeah, like That's kind of what's going on and oh, yeah, and I'm and I'm a little more bearish because we're losing the 200 and Look eventually like the 21 will cross below that So you need the seven minute to do what we see here. Look We need that to be a shoulder that to be ahead and the right shoulder and we need to get back above the yellow line If we can do that We have ourselves a bit of a move to the upside All right 99 live are here thirsty for more knowledge, please and thank you ask me a question get me going You know what I mean open my brain up. Let's see what you guys can do right remember I get pretty like The live stream is is like I put a whole lot into the live stream Takes me almost till three o'clock to like get my energy back, right? It's a lot. I Go hard. I don't even know how hard I go and then at the end. I'm like wow I've been going like I keep my abdominal muscles kind of tight because I'm like talking the whole time Like at the end my muscles my whole body just like wow it's a workout. It's technically good technically a workout I love it. I appreciate everyone there if you guys didn't show up out, you know We had 1500 people basically today, that's amazing like we hit another record today amazing, so I Love you all like I know my success is is due to everyone else is due to everyone else supporting me, you know It's pretty amazing So I'm super lucky and thank you, right? Thank you Already 4,000 views today. I mean people are just getting you know one of our biggest dreams yesterday Blessings and yes, we're getting searched. Yeah, you know people are looking at what's happening. I get it It will fluctuate with the Google algorithm, but It's blessings no matter what every day that we get, you know, we're successful and things go the way you plan You know you start a YouTube channel you plan on people to watch it, right? Crunches in crypto with crypto life. Yeah much love Sam. Thanks for everything brother. Yep. Life is growing stronger every day stronger every day Yeah, Alex or am already ords and ML will move with Bitcoin. I Believe so I Believe so. Yeah, because when Bitcoin gets hot they get hot, right? Gary probably bought some bitty secretly you guys were funny and There is some fun now ETF fought right may not come at all this nonsense You know, we go to Twitter for a second with you guys And I'll just kind of take take in my Twitter reactions for you to see what you're seeing Alex Jones Tuesday must watch edition Bitcoin mercury layer crypto Megan die Queen Celtics lost to the Paisley spot point last night. I didn't get to see the game crazy XRP ETF, which is interesting XRP officially released pricing XRP at over 1613 reports have revealed that an XRP ETF is also likely to go Live within weeks That's weird. It's it's net asset value if people make this stuff up man. Someone could Photoshop this just be careful I wouldn't buy into that XRP not changing price for two years ETF Funny so other people are picking this up Net asset value $16. I don't know that could be an AXRP and not even an excerpt Who knows it could be a bundle, you know, it could be how much the ETF is worth not XRP itself Right, I think people were getting kind of crazy here Right excerpt you within days 25 per XRP says black. Yeah, exactly Who deal with SEC believe Gary Gunn's as recent crypto warnings are a prelude to the imminent spot ETF approval It should be taken as a warning because that's what the SEC does as one puts it He wants to be on record, right? Bitcoin is a speculative volatile asset They can defeat currency with questionable backing think Argentinian peso other digital assets are not the same as Bitcoin in form How many fiat digital assets is the world need the world does not need or care about the Argentinian peso? Governments may take regulatory steps that are bad for Bitcoin the ecosystem has been populated by law breakers of process There are no more SEC impediments to approval SEC is a disclosure based in process based regulator Wrists are known and trading processes are adequate, but you were warned risks are super high and process outside US cannot be released There you go Charles Gasparino, right? So and we all took that I believe that's why you know We were gonna pump anyway the TA said we were pumped but you know The market took that as a as bullish sentiment when he came out because why the heck would he do that? If it wasn't bullish, you know what I mean? So within 36 hours many of you apes have been will have been liquidated probably even both ways as the Bitcoin ETF gets approved And volume hits. There's a chance, right? That's why we I don't risk a lot, right?   That's funny Anyway, I just wanted to see if there was like any other news that we could see pertaining to the that wasn't just look It's all nonsense Right people just saying random stuff and just you know anyway So we got a little bit of a bounce Falling wedge and you know boom boom we bounce back to the top of the pattern seven minutes Very or it's been oversold all like for literally since 12 o'clock like for an hour and a half So you gotta get a bounce eventually Now if we get rejected by the 200 it's a wrap. We'll see where we go now Let's see, you know Takes usually about two hours for the seven minute to cycle back up could take quicker or longer But that's you know, I could see a shoulder a head a right shoulder and a break out and then we could you know And we can even come back down again Wouldn't be surprised if we stayed in chop all the way till tomorrow, right? That's what assets usually do when people are in waiting We could just be doing this and then then we're gonna get super tight in the ATF boom, right? I know it. We know it. I mean yesterday was a huge pump.  You're definitely gonna be thinking about the ETF The Sun will come out tomorrow. That's your bottom dollar. That's your sorrow We'll be gone Tomorrow tomorrow. Sorry you guys didn't come here and sing So I don't know why you guys put that though in the comments because you got me going, right?  I like to trade crest on and off pretty cool 49,500 XRP pub and any news back at it. Let's go Well, there's an ETF for XRP, right? That would you know, we just went over that. I mean, that's news. That's good news See like you call that a pump though like 56 to Like not even a whole cent like a half a half a penny pop. There's a pop. I guess I mean, it's not dumping I'll give you that it's not nothing. It's moving. It's moving to the upside. However small, right? But it is moving I Got XRP in this tight channel that it's been in for a while And it shows that you know in the next I don't know three weeks four weeks something like that It's getting tighter and tighter. It doesn't mean it's gonna pump for sure. It just means a move is coming, right? If it does break out my targets are nicely set at about 105 Right, these are the one first target 76 next targets 91 and then you're at 105 You break down you're coming to test the bottom at 47 cents. I don't know who's gonna sell their XRP I'm definitely not I've been through it all I've been through the ringer now like they've done everything They could do less it's kind of one of the safest assets I feel like to buy into I could be wrong and don't take me as financial advice But I feel like it's one of the safer assets to buy into because it just They've beaten the people that own the coin down to the point of no return that like they just don't care anymore like And I'm I own the coin. I'm one of those people. So I just don't care anymore like, you know I'm just I'm gonna hold it now and I'm in it. Yeah, and I'm not gonna panic sell it at any point It's just pointless Just pointless right So and that's kind of where I stand with that. So it's If I feel like that way, I don't think I'm the only one that feels that way So XRP, you know, I want to bounce off the channel. It would be great if it if it bounced one more time Then it came down that would be like the best best buy at the 58 Or if it breaks out in a retest at 64 But either way it's getting, you know, look, it's wide and then the rain starts to shrink And that's when you know a big move is coming And that's why I love technical analysis because you can tighten up price action and it'll tell you when something's gonna happen So they keep in Bitcoin in a legit holding pattern like an asset this big Sitting at the exact same level for long periods of time between like five fifty and six fifty really it's like It's been forty six six for an hour almost like since we started the stream You know, it's gonna take me to look at the NASDAQ on book map and see what we got going on. Let's trade NASDAQ, right? One thing when it's boring we move on So if you know me, I've been bullish on the NASDAQ reversing out of this falling wedge to the upside I made a little wider than it needed to be probably But I've just been throwing on a projection at the time But so far so good. We did get the bounce and then we made a little flag Which is also breaking out eight hours a little pin previous support is resistance You want to see us break through that? One hour just got above the 200 SMA that tells you you're likely gonna head further to the upside and there's more momentum And what it's 129 we still have About two and a half hours to go in this market so NQ and the dollar also struggling somewhat so NQ looks like we're gonna continue I would I would say if I was an NQ trade, I'd look for a flag on like the one minute and Ride it. So if this right here, you see this one minute kind of falling wedge thing I'd be looking to trade that Based on what I see on the one hour For a little bit of a scalp. Let's take a look at book map and see what the NQ holds It's pretty even a few more orders further to the upside than to the downside Not as fun at looking at like it looking at Bitcoin my tick size is tiny, right? It's like a buck So I may have to shrink it down Dump down to the 200 to see that immediately Cash grab if they bring that back up, that's likely just a stop hunt, but look you did lose the beat the volume node there That's gonna have to be if that can't recover you're gonna drop further down to six seven eight four I Don't trade an NQ like ever I look at it on the macro and I can swing trade it But I never traded on the daily It does tend to move a little bit Bitcoin. Do we get a nasty drop on Bitcoin just now a Little bit not crazy still inside the flag but below the 200 with the curvature Not the best sign, you know Okay, we're still in the flag You know so I just kind of I'll just sit and either get stopped out or make you know And it could just be a easy with Dan and come right like they did it here, you know It's it's It's easy pickings because they got too many people all over it so they can kind of do what they want You know, and that's what you're I mean you're at the mercy of the market maker. The key is to not over risk That's how I do it that way. I'm not like, you know, if I was over risk right now I had my whole portfolio and this was everything and if I lost it I was gonna lose it all I'd be pretty crazed right now, right? I would probably wouldn't be able to handle it. So I Know what I'm willing to risk and what I'm not And it's interesting because I thought as I made more money my risk tolerance would somewhat change but it's it's like Say I'm I'm only worth like 15 grand and I put five grand into futures And I trade it well the way I'm trading it and then I like let's just say I end up putting a long-term investment And I make a mill and then I put five grand in futures You think I would be riskier, but I know I'm not like I trade that five grand the same way Even though I've made a larger investment Long-term I trade that five grand the same way Exactly the same way. It's weird. It's like it becomes you become more into what you're doing Than the money of the than the making of the money It's kind of I believe true successful traders fall in love with the trades more than the money of the month That's made in the trades It becomes this obsession to win To have a good P&L, you know to make tell like I love the eight out of ten trades You know how many have I won how many have I lost like I love that right? I absolutely love that and it keeps me honest. I'm always checking like where am I'm at where I'm at, right? so It to me. That's the fun part about it is the order history The position history right anyway Kind of ticking away here time bearish though the second that 21 crosses even more bear city That's an M like I wouldn't be Mad at you if you open up a short here with a stop above this level And we break you know cuz we even come down come back up like and honestly I don't as much as I love the ETF idea and all that stuff Just just today if we took a deep breath in there was no ETF. We'd have to trade this the same way So that's how I take it. I traded the same way as if there was no ETF And that's below the 200 on the seven and that's bearish to me Only reason I wouldn't bail is because of the stochastics RSI, but look once you lose this You're likely to come to the 15 200 which is waiting for us right there. It's a fall drop to 45 So smaller time frames could get us there. We don't even need big time frames to get a drop This could be a Bart Simpson. So that's a looming right now We can't and so you're like well, what level would would make you happy. I Say what like the key like elite this point of control like we have if we can't get back about 46-7 in the next two hours, you know, and there we go now. We're dropping more, you know and The four hour looks bad. It's overbought curving down and you're away from the 21 day moving average That's just another thing that I reiterate like whenever you're this far away from the 21 You usually come back to it regardless of ETF or anything else You pumped up like right here pumped up huge some cool sideways price action chance of a flag people got excited But you're away from the 21 you have to know you're probably just gonna get a huge one And this could be look of boom mass liquidation and then they'll slowly dig it would dig it out And then tomorrow a flag and then pump Who knows there's no guarantees, right? And that's why you you don't trade on emotion You analyze analyze analyze and then you set your stop set your profit and walk away That's it. It's the best way to trade and don't go there readjusting it every five seconds Because you're gonna drive yourself insane Okay, I love trading. Thank you to you in the 99. I don't think we would be in this situation volume is so low Isn't it we would probably be resuming normal trading life or you're the goat. I thank God for having you in my life Thank you You can trade NASDAQ or S&P synthetics with crypto anywhere Possibly Ping X. I don't know if you can trade it with crypto, but I think maybe with tether you can trade S&P with tether. Yeah Being ex I know you can trade the S&P Yeah, I believe you can trade with tether sir. Could you turn your mic up a little bit? It should be pretty loud I usually have it pretty loud, but Yeah, I'm probably just not talking that loud because I'm just kind of chill, you know, it's not even my mic It's just now remember most of my money isn't in futures anyway, so that's another reason I'm heavy-spot and the Bitcoin takes off. I mean, we're gonna be in the money. So I'm excited to see what happens there. All right. I'm only Stop spamming caps warning. That's funny Stop spamming caps warning nightbot Nathan Ward Where oh, yeah, we don't do the spam coin thing here like on my stream different So the night boss like don't do that So they have it might be an automatic bot that just picks up on that Because you put a coin in and you put a coin in an exchange. So it picked it was like an automatic tell You know seems like Bitcoin will consolidate till tomorrow in my humble opinion. Just keep going sideways. It could Just kind of like Like a very long You know Played out pattern definitely could Looks like that's what we're doing. So and we want to look for a possible Divi I think I just saw one other corner my It's a little bit of bullish div there Says we probably might hit our bottom for the day Call like look at that. There's trash And you're you're ranging between 46 for and 47 one so you're just You know we call this chop. I don't like trading chop It's not fun. You have to sit and wait, but you just let your trade marinate, you know Not swing trading out sitting there all day fighting, you know So look we got this liquidity right here that we could go to at 45 890 So And then we have more liquidity above us, but we still we do have this this layer right here below us Now it says if we're probably gonna go down there because pre I mean that's very close And then loop back up Still says the biggest orders are above us. So they're coming for us, but when but when Now we're back to 46 six again, just the hundred dollar move around might have been typing with caps lock interesting Hit that like but GF Burke did that and he didn't get hit as funny. He did that just now He did it. I think he did on purpose to Just approve a point or something. That's funny though. What do you thoughts on a render?  Wow, here's why this banking giant thinks Bitcoin is headed to 2020 200,000 by the end of 2025 E.T. A trade mobile EJ tracks for the Standard chartered expect spot Bitcoin exchange traded funds to pull in a staggering 500 to 100 billion worth of inflows in 2024 if they're approved to become successful in a Monday note to investors the banks head of digital assets Jeff Kendrick and precious metals analysts Suki Cooper compared to the potential off of ETF to gold exchange trader products and how they revolutionized investor access to the precious metal The banks typically cited the first gold ETF in the US which went live in 2004 And now is the biggest physically back old ETF worldwide According to Kendrick and Cooper spot Bitcoin ETF approvals would be a watershed moment for normalizing Bitcoin participation It's believed that spot ETF products will allow institutional and everyday retailer investors to gain exposure to the price of the world's oldest and largest cryptocurrency while they're having to create wallets or otherwise deal with exchanges the bank executives expect roughly 43 437,000 1.3 Million new bitcoins will be held in the US listed spot Bitcoin ETFs by the end of this year Which equates to between 550 to 100 billion in inflows, which isn't that much money really. I mean it is but Bitcoin Prime to hit 200k by the year end in 2025 standard Charter made its first bullish Bitcoin prediction in April Predicting that the flash of crypto reached 100,000 by the end of 24 The British multinational bank now thinks Bitcoin could top 200k by the end of 2025 and that the 2025 Prediction is in line with their previous 100k estimate if the ETF related infos materialized that we expect and we think an end 2025 level closer to 200k is possible I'd be great 10 of them would be 2 ml 20 would be 4 million dollars You know and again, I want everyone to be clear like I buy Bitcoin I buy all coins all coins what you buy to try to get filthy rich bitcoins what you buy to keep what you've made For the rest of your life. See they're two different things You know Bitcoin may slowly make you richer, but all coins are gonna quickly make you rich Bitcoin is gonna keep the wealth that you made over time It may fluctuate, but in 10 years from now you'll have it if you kept it in all coin You may never even have what's left 10 years from now. You know what I mean? So it's just all about timing the market. Okay, and if I believe in this trade, this is when I should double down You know Technically, but that's see that's where I usually get a little ready I'm gonna add a tiny bit risk another 44 That's it and now the trades only down 92 added a little more. All right, that's it Just because we was through the dip came back up seem to be leavening out Might be smart to add a little to the trade for the move back up if we get it I mean, there's many times where I've just like yeah, you won't see the thing while book map It's not gonna really give you the best, you know I need my patterns to figure out how to enter the trade though, right? But I get you like you could do it on like a 50% like like what I'm willing to lose And I could like 50 X level like a certain way up or down each time and just see but it's really accurate You know like it says right now we're going higher than lower because it's more liquidity above us than below us You know and it's been every time I've done that it's been about 80% accurate. Maybe even more I've never back tested it and wrote it down every time But I do know way way way more we're right like we're right all the time like I'm more right when I'm wrong I'm almost like I'm wrong like one out of 30 times like a music When I'm wrong, it's weird for me. I'm like that's strange And when I know it's strange because I'm I expect to be you know from this to be mostly right So again, I'm open-minded though, and I believe that anything could happen So I never you know, but I'm always open-minded and then the next morning I wake up and what I said happened So I'm always like well, it just keeps in so what when I find open-minded, but then I wake up the next one I'm like, oh it didn't happen, you know Remember I'm still bearish on Bitcoin right now because you're below the 200 SMA on the 7 till you get back above that You know, I'm not in love with price action right now. It's cool. We're in a flag. It's cool. Everything's doing its thing, but You know, we're still kind of somewhat struggling here. I added to my trade Chart show people just don't know what to expect. Yeah Hi guys, I'm new. What should I do? You should just learn literally should learn as much as you can learn divergences Really? Divergences will teach you the most because they'll go hand-in-hand with book map And so when you see a liquidity grab on book map, you'll know what's happening based on divergence in the chart Once you couple divergence and book map together You'll start really understanding what's happening and what a liquidity grab is and what they're doing when they go after people, you know Sorry Wait, you're live on this channel not your crypto channel. Exactly. Yes.  You're funny. Funny. What foot fit for biz oprium? L me hentay.  That's it's that hard to make it in crypto or in anything in life It's really that hard to make it and any like and to get people's attention online Everyone on their mother wants to make it online and everybody has a plan of how they're gonna do it And so when you step into the arena of online think about it You're vibing for so much attention in every moment in time. I'm so blessed. I get what I got You know what I mean that I got on the channels and I got the love and I got some of the market share in which I got out of cryptocurrency. I mean, what up? So, you know This is just an added stream. We get people here.  So Yeah, I get it though. I wish there was tons and tons and tons of people here, but Aris Fox We love you and your TA. Thank you. I love you too. I Appreciate that. I can't wait to come and I just like have a huge crypto life for meet-up and just meet everybody and like Really get to know everyone and have a blast I think it'll be so exciting But investing in yourself like how did I get here investing in myself, right? Like I got into book map and taught myself. I didn't stop at just the charts, right? I took it there's always another level you can take it to there was a time when book map intimidated me You know what I mean because I didn't know what was going on and I didn't understand and Everyone was talking liquidity and this and that and I just I didn't get it And I and it's not something that you just understand immediately. It's something you kind of have to grow to learn You know, I learned to grow or you learn as you go like you use it as you go with it like it happens as you learn it, right and Paint by numbers type of thing, you know, you learn it as you do it. It kind of happens So Yeah, there are a lot of the things that I do now like I innately do But I remember a time when I was like intimidated by it like that program was What are those other traders doing, you know, and I also didn't have the skill like I just didn't have the skill I couldn't react. I didn't know the time frame. I just didn't have the skills, you know You got to get the skills. You got to be able to find your patterns on small time frames You got to know your Fibonacci.  You got to have the skills And the skills don't come easy You got to work for them. Nobody's handing you them. You're not getting them free You got to just work them. You got to work for them and You know, a lot of people don't want to hear that they want and think that they can just slap on they just want to click Yeah, right here. They just want to slap this on See a different and have it say buy and sell and be able to do exactly what it tells them to do Now, you know indicator know how good it is buying cells eventually It's gonna give a buy that's gonna disappear then turn it, you know, it's it's always gonna, you know You need to know when to whip it out or when to keep it in your pants Yeah, yeah, you be able to look at the Ben coin v2 sir We'll take a look. I mean v2. I thought didn't look too good But I could be wrong, right? Let's look I own some Ben v2 and you want to just grab that contract address But I don't I feel good. Yeah, I don't I don't really want to go over all coins in this channel It's like them, you know, we just want to look at book map. Honestly, I thought I was on my channel for a second I forgot. Yeah, just I'm gonna keep it book map. Just keep it create keep it keep it easy, you know Shout out to all the Ben v2 people though. We love you. We appreciate you So again Bitcoin we started at 46 six. It's been 50 minutes We're $20 further than we were at this when the stream began, you know, so Sam what's zero to 60 on your new Cadillac? Let's see zero to 60 The V does 4.3, but I don't have the V. I think it's about like Six seconds something like that You have 5.3 if I'm not mistaken in tip of a 6.2 for the V Book map doesn't have alts as like Matic It has like probably some of the bigger ones not all of them, you know what I mean? But it does have some alts If you look at like, you know, you have doge dot ETH link like coin Matic Solana We subscribe to Solana That's actually look at Solana each day almost on book map check it out One day I should just put the Solana book map out and like People be like so no, I can't get book map data on it. Maybe it's not it's important Just took a second. It's almost there 1920 I guess the 21 so they want 103 that would be an area to look for But there's still people lower at 95 92 in case there's a dip So it says that you dip down a little bit on Solana It's like a little bit of a pop. I Might be down like 60 bucks now $75 I did add to the trade So it's even more risky now Plus you Sam got here too. You're funny. So that's a stash. No problem.  I'm 48. She was only 62 were best friends. It was my first dad I'm 48 and she was only 62. She had you when she was 14 Wow We were best friends. It was my first that I worked hard and was in denial it hit me later I understand. Yeah, yeah Thanks, man. I appreciate it. You're funny. I should have kept it for a year letting it fly over town. Wow, that's funny Well, you learned your lesson though, didn't you is Bitcoin only on Bitcoin and major alts or all altcoins? Just a few major alts not all coins yet The Binance connection has more alt options on book map, but multi book multi-day to take from several exchanges for a better view of the BBO. Okay. Yeah, so if you just connect to Binance alone, I have more. So let's let's look at that like if I went up here I Clipped in More Binance That's all we want to add right? No, we have it there. Oh, yeah, I got a subscribe. Oh, yeah, see I'm restricted see from Binance How many do you but I may need a VPN? That's why the bookmap data kind of close it I hear your brother my mother died four years ago and she was only 73 and I was 47 She looked me every day during my plant medicine journey met her again. I know she's a piece of love, you know I love to hear that man. It's crazy that you got to do that So yeah, big big ones just kind of been flat the whole time we went live not amazing I wish there was more exciting times last stream that short that we opened on the live played out And I played out very nicely actually the next morning went down pretty nice. So The stream does pay off, you know, I mean today may have been a little boring I try to find ways to make it exciting, but not much going on, right? It's pretty just kind of cut and dry Always learn the lessons homie every day trying to learn them 99 hours a month and not buy a thousand more top losses and liquidations Yeah, that's another thing too. You don't need to blow through thousands of dollars to understand what's happening in this market You know, you pay for a university get the education Just like a college just like a school, right? Try spot it should get around the region block Yeah, just finance right, but it didn't you know Yeah No worries though And that's that this is the house I would love to buy that's a pool on the top of the house It's in massachusetts. That'll be the summer house 26 mil I look at it every day to tell myself this is where I could be if I keep grinding It's gonna take years and years and years though, but you never know Maybe something could come my way and maybe we you know, but And you realize people with like a lot of whenever you make tons of money. You realize how rich people are that have Just even more money than you it's just insane And there's always a level you can hit 100 mil and then think about someone with a billion, right? So There's always a level above. There's always a level below always be grateful for what you do have, right? But I keep that as my desktop so I look at it every day every night every morning every minute really it's whenever I glance There it is telling me hey Do you want the nicest things ever you're gonna have to work really really hard? Right The house is already yours, man Dude, that would be the fact that you said that if I really end up in the house like that that I will that will be insane You know what I mean?  I love why do you do that to me? She runs me you see like The life of sam the life of pie right poor me Sad me I want to find this listing before we leave just to inspire us all because it's just amazing Where the heck was it? nicest house in the world, right? It's like ridiculous Anyway, you know, there's always more to go for right here it is. Look at this house. Look at this house Let's just look at it together for a second. All right, it's not made like any other house number one It's like flat and long, right? It's got like solar panels The guys got these like stones and these koi ponds with this twisty stair. Well, I mean look it's just out It's a dream, right? You got this beautiful. Just you hanging out on the roof all the time just chilling Right looks like you could almost sleep in these. I don't know what these little things are You could just like take a nap in those things I don't think you're supposed to but I probably Then here's a pool you look. I mean that's insane Look at this place It's not even that big. That's the only thing.  Imagine that and we can get there with book map, right? With book map one step at a time Book map says we go higher. I stayed in the trade. You know what's what's cool is there's an adam and eve slightly forming here boom That makes me want to kind of go hard right now That's an adam and eve After a massive move like they didn't get me there You know they I wasn't trading that so I get to take advantage of the next move possibly That was definitely a mass liquidation, right? I live 300 meters from the sea man. That's crazy So beautiful Where's the helipad? I know right Sam your wind rate is too high. What does that mean? Like it's too high No, it can never be too high You know I show my trades. I don't bs. You know what I mean? Like when I'm long or short, you know My wind rate's high because I don't cut off trades. Like I don't freak out and emotionally cut off trades Just because they're down You know a lot of people lose a lot of money because their emotions like right now They're freaking out and like they're just like, uh, you know, just I let the trade cook Right Just let the trade do its thing And I've learned that the hard way every time I'm meddled with the trade It goes the wrong way when I don't meddle with the trade. I'm good to go Sam can a huge mansion fill the inner voids? Yes, it can. Yes Yeah, I'm building a jacuzzi in the top of my three storey house sauna in the basement in a tropical garden Abiza sounds unbelievable mad, you know A mansion can fill the inner void. Yes, you know why because I dream of having a lot of people around me and having great experiences And to do that, I want the right spaces and you can't just rent them. You want to be the owners so To me the space isn't the physical space. It's what can happen in the space that I dream of and so yeah, like I believe inner voids can be filled by interactions with the right people in the right places After a huge pump, how do you determine what price can stabilize again? It comes back to the 21 day moving average Yeah Yeah, the 21 will help you and then watching flags like I'm doing watch what I'm doing right now This has happened prices pumped and I'm watching it stabilize, right? I'm looking for flags and watching how we kind of hang out You're watching me do it in real time Takes a few days like a lot of things you're asking You'll watch me do in like a three to four day period, right? the more You open up the easier it is to reach Crown chakra third eye ground and grounded bang. I know So I'm just going to open all the way and just like I'm going to walk into that house tomorrow, right? Like I can get there tomorrow Like there's no reason I couldn't get there tomorrow, right? I'll leverage one mil To 10 double it make 10 do that in two days On two trades make 30 mil pay the taxes put the down payment walk in call it a day, right? A week from now. I'm in that house chilling Like it should have been right Look back to 700 now things looking a little fresher a little freer The wind behind my trees are cracking the wind is so strong pray for us gotta go to my sisters. You should be our game, man Don't worry I think you're gonna make it tonight. I have this good feeling you're gonna be all right The house would be bought with Bitcoin. Let it become a biggest bubble of history, right? Be safe Baker. We love you man All right, so you can see the trade did bounce back. I doubled in I started with 400 I doubled it into 800 So, you know, we we put more into the trade High risk now though very high risk. Look I got five trades open If we hit we're gonna hit three on one We're gonna hit two on the next We're gonna hit three on that we're gonna hit eight And we're gonna hit about 12 And then the fifth one and we're gonna hit two we're gonna make two grand And if we lose we're gonna lose one 85 285 360 410 and 500 so we're risking five for two grand. I like it. I'll take it And um, that's kind of where we sit, you know, so it's like we're risking 500 for $2,000, but it's an $800 trade You know, it's like weird. It's like it looks like something, you know There's more going on behind the trade than you realize, right? So so all my charge from captain jim james, but it's on spy and not bitcoin He uses em a 27. Thanks mission. We appreciate you man I hope you hope you and jim have a good time Love is a stronger frequency as is the new money. Amen. Amen All right, I gotta go everyone. Thank you for being here God bless. Have a wonderful day and thank you for time timing chiming in to a book mat live stream And we'll see you on the next one. God bless