Correct, yet the conditions do exist that point to a potential recession in the next 6-12 months. The stock market reactions and business reactions are forward looking. Even just the specter of a recession (not to mention the raising interest rates and sticky inflation for certain goods/ housing) can impact behaviors and allow business activity to slow enough for one to occur, sort of a self fulfilling prophecy. I'd imagine the Fed is not pleased that companies are hording talent and mis-allocating capital in this way (high wage inflation) to retain them (unnaturally). The wages and salaries are artificially inflated, built up over the last decade of near 0% interest rates. The Fed will persist at slowing business activity until the point it breaks. There is 3.5% unemployment in general in the US but within software developers it is more like 2.2%. Once a developer is let go, more/less they immediately find work. This is only partially what the Fed wants. It is good to curb the demand by freeing up these workers but they want real unemployment to rise before they will start to ease.
What really gets me about this as a sometimes-entrepreneur, is that management is not even taking personal risks. Besides narrow cases of torts and their need to have fiduciary duties, they are no different from other staff workers.
The hub and spoke system also contributes to the congestion we see at the airports. A distributed system would be more tolerant to issues like weather, and you can afford to pad flight schedules with little impact on congestion due to the fewer throughput of planes at any one airport. This of course may not make financial sense for the Airline to distribute their operations, would need to be regulated.
We're already starting to see that change. As traffic has grown airlines have added more point-to-point flights that skip the hubs. Newer aircraft have also changed the economics of those route changes well and enabled more point-to-point flights that weren't previously economical.
I invested in a HTC Vive Pro when it came out, it's looking to be a good investment as these Gen 2 (I should say Gen 1.6) VR HMDs are pretty lack luster. Pair it with the Wireless Adapter, it would be difficult for me to change to inside out tracking and move back to a wired connection. Granted, I've sold some internal organs and first born child to obtain all of these things.
As a customer of GE software products, I've seen their core products falter a bit while they attempted to prop up the Predix platform. Maybe it will be a breath of fresh air when/ if they sell Predix, hoping that they will focus more on their core products. It is difficult to sell a platform to industrial customers, as many of the ideas are too abstract to understand what it can do for you and how much money it will make for you.
This could very well be an electricity like situation.
If you have a factory moving on a pre-electricity prime-mover (probably a coal engine) and distribution system (probably axes and belts everywhere) and some one comes and pitches you electricity, you don't see the advantages. You see the costs of putting electric motors in all your machines, hiring all these expensive electric engineers and technicians, and basically rebuilding your factory for electricity. I see a similar dilemma here. Most industrial units will have to be rebuilt to take advantage of industrial IoT.
Its not quite that bad. You can have a plant edge device that pulls information out of your plant PLCs. Maybe without code changes on the PLC. This data can then go into an analytics platform for whatever reporting you want. The problem is nobody sees much value in the reporting.
The crypto space is rife with inside jobs, but I think most of the ICO hacks are real. There's not a strong incentive to run an ICO hack when you'd otherwise just get the money without much accountability.
Processed Foods are just as risky, although one could argue that Marijuana use increases consumption of said processed foods. Maybe the munchy side effect is the actual cause of the increased risk.
I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying.
Wow. That's like, "I know I bought a house a few years ago. It was a decent house, I think, but I lost the address and can't seem to remember where it was or how to find it again." (except that with Bitcoin, it's like, "the house is somewhere in this galaxy, but I can't remember which solar system")
My dad actually bought a painting for $25 at a flea market in Amsterdam and it turned out to be a Paul Citroen, we ate pretty good for a couple of years because of that. Not quite a Van Gogh but still, a good catch.
My brother accidentally deleted his wallet.dat from Dropbox a few years ago - he had given it a random filename and encrypted it with GPG so it was unrecognizable to hackers (and apparently him as well).
It had 1,000 BTC in it! He had received them from a generous Bitcoin contributor in the early days who said "here you go, hold on to it, it will be worth something someday."
I still give him a hard time about his $3 million USD mistake...
Dave the wallet recovery guy might be able to help if you have any sort of hints as to what your key might be. Obviously do some research to verify I'm not scamming you. Good luck.
https://walletrecoveryservices.com
Any hints on how you generated you key/passphrase? Did you use Satoshi's original Bitcoin client? Will reward information which results in successful discovery :)
do you have any spinning disks around that once may have had the unencrypted keys on it? I could modify the commercial data recovery software I wrote (https://macosxfilerecovery.com/) to scan your drive for the private keys
Thanks for the offer, I kept the drive I stored the TrueCrypt container on. I think it was like a bad drive arm or PCB. I'd considered paying for a service to move the platters to a good drive, but at the time the service cost more then Bitcoin worth and there was no guarantee of recovery. I ended up throwing the drive away (another dumb move). Never in my wildest dreams did I think it would increase in value like it did. I think I would have sold a lot sooner if I had access to the wallet file for the whole time.
That's alright. I see a lot of these posts saying "the bitcoin I lost would be worth $X Million dollars now", but the thing that people overlook is that it would not be worth that now, because they would have sold it a lot earlier if they had access to it. Many people would sell the moment it's all worth about $20k depending on a few factors. In almost no cases is is it truly a million or multi million dollar loss.
I have tried that, I've been scouring old hard drives for the last few weeks. I also had the file "encrypted" on a True Crypt Container in Dropbox, but I deleted the container in 2012 before the file was lost. (One of the stupid moved I made) Dropbox will/ can not help me recover the file.
