Cryptobros, any of you use Bakkt? any good? https://www.businesswire.com/news/h...a-Merger-with-VPC-Impact-Acquisition-Holdings
I sold all of my remaining BTC @$35,000 early this morning. Locked in a nice 200% gain. Over the last 4 months BTC has gone up by over 300% -- In the short term I think its run a little too hot. I love BTC as a long term asset, but I believe we are long overdue a sizable correction. I think BTC could fall as much as 40% here in the short term, which would put BTC in the 21,000-22,000 range. If that happens I'll be looking to buy the dip.
It's only a wreck if BTC (and others) drop more than about 40-50%. A 20-30% is about normal. lol. It goes up for no reason, it drops for no reason other than people want to buy and sell. Just be wary when it drops more than around 35-40%.
More stimulus means more BTC moonpies. As one fairy dust currency inflates the other rises. Elon could Tweet about blockchain for no reason and send it to 60k at any moment.
What's everyone's thoughts on HNT? https://coinmarketcap.com/currencies/helium/ @Space Ghost what's your take on this: https://www.calchipconnect.com/products/rak-hotspot-miner
SF MAN WHO CAN'T REMEMBER BITCOIN PASSWORD SAYS HE'S 'MADE PEACE' WITH $220M LOSS https://abc7news.com/stefan-thomas-bitcoin-password-san-francisco/9635218/
Im not sure what problem this project is trying to solve, TBH. I see the value in a LoRaWAN protocol, specifically for rural municipals SCADA systems and even proprietary systems in very large buildings/high rises/campuses that often have dead spots found with 2.4GHz. I have yet to run across a device that uses LoRaWAN though, so this protocol is pretty obscure. Personally I wouldn't run an IoT device through a project like this .... huge security risk. It is a little disconcerting their LoRaWAN WiFi hotspot is priced for $300.00 for a project that is trying to get a foothold. I couldn't imagine the device cost is more than $100.00 in reasonable quantities. For clarity, this is not by any means a Pied Piper wireless decentralized internet solution. 915MHz is not going to get you any significant bandwidth, but plenty for IoT devices simply trying to ping status updates and commands.
Thanks, SG It's designed for IoT devices. Their website isn't great at pointing that out. It's not for a distributed WIFI network for users to use to surf the internet. https://developer.helium.com/console/introduction Their map is pretty fascinating: https://explorer.helium.com/coverage
The report I saw on this said there is at least 150 billion dollars worth of lost bitcoin -- I'm not sure of the accuracy of that number, but I suspect quantum computing can help with the problem in the next 5-10 years.
I actually am curious on something like quantum computing actually creating security issues for blockchain in general. I have seen arguments on both sides/potential fixes if it does become an issue but it'll be interesting. I bet a lot of btc has been lost too - either bad address transfers or unfortunately shitty exchanges, busted wallets/passwords, hell recycling a drive even... I also know of a friend I had pass away and didn't let their family/closer friends know how to unlock their wallet.... And I am almost certain his had probably 30-40k in btc. - so you know like a billion dollars. He was mining it when it wasnt worth much.
