It won’t be the same everywhere because different currencies, so maybe not as important as you may think

Do you know how a given institution decides on 1% or 5%? Or is that generally highly dependent on the institution/board?

I’m wondering how does a larger/non progressive institution decide if they should increase allocation percentage, or sell off to rebalance. I know each one is different, but wasn’t sure if maybe a lot take advice from the same financial advisors.

I don’t see the reason for the downvote. I am asking a valid question. Who/how do institutions decide if they should allocate 1% or 5%.

I would imagine recent performance would be one factor, but far from the only one.

Yes this is what I expect. Just wondering if when it comes time to rebalance they decide that 1% isn’t enough. I don’t know who makes that decision.

Do you guys think that if institutions have a 1% allocation target, and bitcoin rises and allows them hit that number, do they stop buying? If it goes higher do they start selling?

I know it’s smart to stick to the plan, and this isn’t retail who can make decisions on a whim…but it’s hard to imagine companies seeing the writing on the wall and wanting out. The bullish scenario would be that they raise their target allocations as bitcoin rises, and companies buying it only as a hedge start to see the value.

SCB atms are the only ones that work for me, and t may depend on your bank. Any other atm has resulted in my card getting blocked.

o1l3r
OP
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3moLink

Yes that is what I’m working on at the moment

o1l3r
OP
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3moLink

The problem is that it doesn’t support all resources, which creates a chain of things that can’t be deleted

o1l3r
OP
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3moLink

Other regions have infrastructure I dont want to remove

o1l3r
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3moLink

To clear out stuff people have clickopsd for testing

o1l3r
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3moLink

You can’t easily set up daily deletion and recreation of an aws account in an automated way. But I also only want to delete one region in the account

o1l3r
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3moLink

Ya doing the whole account would be simpler

o1l3r
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3moLink

Ya I’d love to contribute if they’d allow time for that, but we barely allow time for proper dev practices on our own stuff 😅

o1l3r
OP
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3moLink

I need the account, just want to nuke the region

o1l3r
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3moLink

I am ultimately trying to do this from a cicd pipeline without intervention, weekly.

o1l3r
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3moLink

I Was only looking for one of these fools to point me the right way 😅

Glad I found it :) 🙏

How to nuke a region of an account
How to nuke a region of an accountdiscussion

I have tried aws-nuke, and gruntworks’ cloudnuke. Neither were able to remove some of our AWS resources. Particularly VPCs. It seems to be a known issue in AWS, as I have seen this in Terraform and I believe cloudformation as well. I also know that cloudnuke does not support all AWS resources.

Given this information, is there any simple way to forcefully delete all the resources in a region? Or do I have to maintain a script that uses the aws api to go through and find and terminate all of them in order properly?

o1l3r
OP
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3moLink

Thanks. Yes the problem is that cloudnuke does not support all the resources in the VPC. I think in our case it was an aws kafka connector that it didn’t remove. Therefore it expectedly cannot remove the vpc . I am wondering if there is an open source script/tool for iterating through all of the resources and removing them.

The use case is to blow away things that have been clickops’d into place periodically. So if someone experiments with some new aws service, not only does cloudnuke not support them, but cloudnuke can’t remove the related resources like VPC. This means that even if I’m ok letting the clickopsd service hang around and not get nuked, I HAVE to remove it anyway because I need to delete the VPC resource as part of the exercise

How to nuke a region of an accountdiscussion

I have tried aws-nuke, and gruntworks’ cloudnuke. Neither were able to remove some of our AWS resources. Particularly VPCs. It seems to be a known issue in AWS, as I have seen this in Terraform and I believe cloudformation as well. I also know that cloudnuke does not support all AWS resources.

Given this information, is there any simple way to forcefully delete all the resources in a region? Or do I have to maintain a script that uses the aws api to go through and find and terminate all of them in order properly?

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3mo
o1l3r
OP
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3moLink

Ya that was part of my intention with this post, to draw in casual engineers visiting the forum, and having them be able to take a quick look at the GitHub etc. Most good engineers are busy and aren’t going to spend time googling around for the info, but you may be able to catch someone’s interest if the information is easily available.