Monday, April 18, 2022

Bitcoin ATMs using Lora and adding to coverage

We provide and operate Bitcoin/crypto-currency ATMs in various places.

What's the easiest way to tap into existing bandwidth for sensors and basic event-based telematics in metropolitan city areas in Australia?

Secondly, given our crypto ATMs would not be "high up" but rather in shopping centres, is there any point in trying to be a repeater or gateway?

FYI the ATMs have internet, certainly more than enough for IoT. It would be nice to have Lora backup and to help extend the network without going out of our way too far.


Is the hand writing on the wall ?

Here’s the bear or extinction argument for crypto in general.

It happened with the war, but more specifically the sanctions.

I’m my opinion this was cryptos big chance, to prove its value. If it went up massively because of people dumping dollars to avoid sanctions. Because that’s the whole point of crypto decentralization, the ability to outdo and evade sanctions. You can also tie into this the trucker protest that happened in Canada.

You saw no price spike of people fleeing the current monetary system and going to crypto. So you had two big events where Crypto use case was at stake and nothing happened.

At least this is my opinion. The fact it went down with the market the s&p 500 fell and so did Bitcoin.

So does this prove most of the more esoteric elements of crypto currency are non existent ?

To me this proves crypto isn’t really a non correlated asset and we got to look for another thing.

Since it’s close to Easter. It’s like when John the Baptist got locked up and he sent his messenger to ask Jesus are you the one or should we look for another? Meaning is crypto in light of all its promises is it an empty bag or is this really a monetary system the governments of the world can’t control ?

Or is it just another way to speculate ?

Because to me if it was truly the thing it purported to be shouldn’t the Russians and the Canadians been able to use it to evade and overcome the locking of bank accounts?


Bitcoin holds $40K over Easter but thin liquidity, 'capitulation' risk haunt traders

Expectations remain that Bitcoin will head lower in the short term as price compression becomes the main chart feature of the Easter weekend so far.

Bitcoin (BTC) chose compression over the Easter weekend, sparing nervous traders a fresh dive below $40,000.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrowing range with $40,700 as its ceiling Saturday and Sunday.

The pair saw little action as the holiday period began, with United States equities markets off from Good Friday onwards, allowing crypto to avoid correlation-based volatility.

With Monday likewise a non-trading day, Bitcoin was set for four days of "out-of-hours" trading. While that meant its stocks correlation mattered less, there were other forces at play ready to spook sentiment.

Market liquidity stayed lower than on workdays, and while standard, some feared that any sudden moves could be exacerbated as a result of thinner order books.

Analyzing derivatives moves over the weekend, Deribit Insights, the research arm of trading platform Deribit, flagged liquidity as one consideration influencing real-time investor decisions.

A slight zoom-out from popular trader and commentator Pentoshi meanwhile delivered a more wary perspective.

For him, only a reclaim of levels significantly beyond the current narrow trading range on low timeframes would suffice for a more bullish feeling on what could come next for BTC/USD.

"44.5k most important spot for bullish momentum currently. 42k 1D Resistance," he summarized to Twitter followers on Saturday alongside an explanatory chart.

"Below bias is for re-distribution and another leg down. Think buyers need to step in pretty quickly."

Pentoshi was meanwhile not the only voice predicting long-term gain but short-term pain for Bitcoin — a narrative, which had gathered momentum throughout 2022.

Analyzing market movements, Kevin Svenson, well known on social media for his bullish sentiment on BTC, warned that current chart behavior was mimicking the period just before Bitcoin's bear market crash in late 2018.

While that event followed a long period of lower lows throughout the year, Bitcoin has been making higher lows in 2022, he noted, but it would not take much for the tables to turn and "capitulation" to enter.

"The difference between those higher lows and a breakdown is significant right now, so just being blindly on one side and not considering anything else is a little bit foolish in my opinion," he said.

Svenson added that Bitcoin was "getting there" in terms of following a historical pattern of putting in a macro low around 800 days after each block subsidy halving. The last halving — on May 11, 2020 — was 706 days ago.


Quantitative Analyst Says Two Catalysts Could Trigger Next Bitcoin (BTC) Rally

The pseudonymous Bitcoin (BTC) analyst PlanB says two catalysts could incite the next major waves of BTC rallies. In a YouTube interview with Blockware Intelligence, PlanB was asked what events or developments could spark the next big adoption wave for Bitcoin.

  1. If El Salvador, a small country, would not be alone in Latin America, but if Mexico, Brazil, or Argentina would join them, that would make the case so much stronger and so much more difficult for the IMF to crush. That’s something I really watch

  2. Normal demand from normal people that go through the institutions – people putting their pensions in Bitcoin… People buy Bitcoin themselves from an exchange


How screwed would crypto be if another Carrington Event occurred? (x-post from /r/Bitcoin)

https://www.reddit.com/r/Bitcoin/comments/u6omh0/how_screwed_would_crypto_be_if_another_carrington/

Is lightning network going to make a radical change in the crypto world?

According to a new analysis, the BTC Lightning Network is currently used by more than 80 million people, up from 100,000 last summer.

For those who don't know, Jack Dorsey's payments software Cash App has been the Lightning Network's key engine of growth this year. El Salvador's national Lightning wallet Chivo, as well as the prominent bitcoin trading site Paxful, accounted for the majority of growth in 2021.

According to what I've seen, while Lightning Network payment volume peaked in November and has subsequently dwindled, the situation is different when deposits and withdrawals from trading services are excluded.

Then we observe that all other payments fell in November but have subsequently risen to new highs, with payments increasing by 480 percent in a year. The total amount paid increased by 410 percent.

Is lightning network going to transform the way people use cryptocurrencies, and will stablecoins like USDT and Beanstalk (still believe in that project after that unlucky event) build lightning network in order to make transactions faster?


No Ted Cruz, Bitcoin Is Not Anti-Leftist; Bitcoin Is Apolitical

No Ted Cruz, Bitcoin Is Not Anti-Leftist; Bitcoin Is ApoliticalPoliticians like Ted Cruz often try to force Bitcoin into their political paradigm, but Bitcoin is apolitical and doesn’t fit into any category.Riding on Canada’s “Freedom Convoy” protests, Republican Senator Ted Cruz triumphantly took to the stage to embrace Bitcoin in a recent, highly publicized CPAC event.

Read More at thecryptocoinreport.com

Please support thecryptocoinreport.com by sharing this post on your social media. Also, support us on twitter.com/the_crypto_coin and instagram.com/the_crypto_coin_report/

https://thecryptocoinreport.com/no-ted-cruz-bitcoin-is-not-anti-leftist-bitcoin-is-apolitical/


Rollercoin is an online bitcoin mining simulator in which you can mine real bitcoins for free without paying for electricity - get a 1000 satoshi now!

Rollercoin is a game that you compete with your friends, who will have a bigger farm to mine bitcoin, ethereum or dogecoin. Аll you have to do is register and customize your avatar, then you're ready to start the race.

The best part is that this game does not require depositing money to grow your farm, it is enough to play games, raise enough money and buy your first miner.

Once you have collected the sufficient minimum amount (about 4-6$) you can withdraw your money to your personal wallet. You can take 1000 satoshi which will help for the development of your farm. They are equal to 0.00001 BTC.

1000 FREE SATOSHI HERE

It is possible to progress quickly with the new "Event Pass" in the game. If you buy it and take all the prizes you will increase the power of mining by 1.58 Ph/s. Of course, if you do not want to give real money for "Event Pass" there are also free prizes.

ONLY NOW you have the opportunity to get a lot of free miners, RLT and trophy as decor in your mining room!

There is a new option with which you can win free RLT by performing tasks. You can complete all tasks and take hundreds or even thousands of RLT.

At the same time you have the opportunity to buy a Lootbox with which you have a chance to win from 1 RLT up to 1000 RLT.

IN THE GAME YOU CAN CRAFT A MINER. If you have 2 or more identical miners, you can combine them and get a brand new one with a higher power than the sum of the combined miners. For this you need parts, you can buy them from the store or win them completely free while playing mini games.

1000 FREE SATOSHI HERE

The market will be added very soon. In it you will be able to buy miners at lower prices than in the store and you will be able to choose in which currency to pay, from your already dug RLT, BTC, ETH, DOGE, BNB, MATIC or SOL.

Hint:

•  There is a new cryptocurrency that you can mine SOLANA!

• At Rollercoin you will never mine at a loss because you will not pay for electricity! The game is made you always mine to profit!

• If you decide to invest the money you earn in miners, you will start earning more.

• The cheapest miner costs only 2.6 RLT which is 2.6$.

Notes on using Rollercoin:

• All purchases from the site require RLT, which is Rollercoin's own cryptocurrency.

• You may withdraw your crypto from the site once it reaches the required quota, or deposit them to a different currency.

• You can only split power from mining crypto once every 12 hours.

• You must win at least one game per day to maintain the current level of your "PC", otherwise it will go back to the lowest level.

• The more games you win, the more difficult it is, and the longer the cooldown. On the flipside, you get a bigger score which adds to your mining power.

• You can bring down the difficulty of any game by simply not playing them for awhile. Use this to diversify the games you play and earn as much mining power as possible. 1000 FREE SATOSHI HERE

• The higher your mining power, the more crypto you can get from each completed block.


NFT for Beginners Masterclass

https://preview.redd.it/j44y6ejyp8u81.jpg?width=812&format=pjpg&auto=webp&s=a369d4b055256b615e5ec52f82a29a040350fea4

About Event:
FREE Masterclass on Money Making with NFT and Upcoming opportunities.

Learn about Web 3.0, NFT, and Metaverse Projects to invest in, Cryptocurrency and Ethereum Ecosystem development and Mining with Sanchit Bhargava (Software Engineer - Rapido, Seed Investor - NFT ALLEY, Private investor - Dfinity)

For more info: https://funzippy.com/event/nft-for-beginners-masterclass-mypil/MYpILvjofTU
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