Don’t think there will be another PePE anytime soon. Go look at the gas fees it’s basically almost 10 Gwei which means the meme markets are over.

The best time to buy these meme coins is when fees are like 200 gwei. Sure it’s expensive but everything was pumping back then and you would it made it back. However these days most projects like PEPE 100 are all rugs which last maybe a few hours at most.

The fed hasn’t released its decision to raise rates or hold them. It’s later this month. Most likely they will hold for June but I am pretty sure for July they will need to be raised.

Job market is still strong. Inflation is still there . We are nowhere near the 2% target. Inflation will be lower in the next few months but I think by year end or early next year it will keep going up.

Yeah been a few years since I heard his name. I remember he was selling memory chips and accepted Bitcoin at his store and basically held the Bitcoin until it became worth millions.

He was crazy during that Bitcoin cash and Bitcoin debate. No idea why he acted that way. He lost it on some of those interviews and then didn’t hear from him for years.

Very strange that he now is talking about ethereum however. Who knows maybe he knows deep down that Bitcoin cash was never going to replace Bitcoin.

I never heard of this method but I think the best method is not the smallest balance but the one which has the highest interest.

If you got one debt at $1000 with 10% interest and another $100 with 5% interest then it makes more sense to pay off the $1000 debt because even though it’s higher than the smaller the interest will be double of the smaller debt.

There is also consolidation of debt which works for many people. Usually there are agencies in the area that can help you with that if you are struggling.

Well there are a few reasons why. The ordinals is one but another reason is that the hardware is more efficient. Since it’s more efficient a mining farm can have a higher hash rate with the same amount of electricity it used. So this is why the hash rate will always keep increasing since we have better chips.

The ordinals is important because the fees are higher than average and it’s attractive to mine because not only do you get block reward but also the miners fee. And a couple of weeks ago the miner fee was also as high as the block reward.

Didn’t realize there was so many of these Bitcoin movies out there.

I remember the first time that Bitcoin was mentioned on television was a show called The Good Wife. And this was very very early like 2012 or so. I am actually surprised they decided to use Bitcoin since it was so new. It probably brought fame due to that one episode.

Cloud mining has been a scam since 2014 or so. I am surprised it still exists with all the negative press it has gotten lately. But I am not surprised you got coned. They use good marketing basically saying “You get 100T forever” and in the fine print it says that it needs to make enough to cover the maintaince. Most don’t realize how quick an ASIC becomes obsolete.

Look at all those old ASICS which are basically scrap pretty much because they consume more power than they generate profit. ASICS have very quick turnover.

Nobody will know until he is elected and then we will see if he is pro Bitcoin or not. You need to understand that his campaign could of analyze voters and think they can buy more votes if he is pro Bitcoin and most candidates aren’t.

A lot of people hold Bitcoin in the USA and the way the regulations are going now will make them want to vote for someone who will make sure it stays unbanned. So it’s a smart way to get people to start voting.

However keep in mind that he might not even win the lead.

We have been hearing about this doom and gloom and nasty recession for almost 2 years now. However aside from housing which slightly corrected nothing has happened which was bad.

Employment is very strong
Inflation seems to be contained
The bank failures has stopped
Etc

Sure all indicators are pointing to a recession. However if everyone thinks there will be a recession, then will there be one? Usually a recession is quick and by surprise.

This thread reminds me when COVID caused the oil crash and prices turned negative. So they basically paid you to take the oil. A few traders became millionaires that day.

Why that happened was because the demand was so low due to COVID they had nowhere to store it. And hence why the front month only was negative, the other months were positive however.

Either way, such thing is no possible with crypto.

Yeah maybe if this was a different name, I would have hope but all of these projects which are named similar to Pepe like PEPE2 or PEPERONI or PEPA it’s obvious they want to pump because it shares a similar name. Basically a clone.

I would not be surprised if it was a rug token. Many are. Go to dextools and dex screener and you will be surprised how many tokens launch and then the Dev dumps all the coins.

Yes this has been happening for years even before Elon. Elon said he would fix it and maybe he tried something but a couple months later it’s the same scam spams going around.

I heard from tweet owners that they report those tweets and many times they don’t get removed or they get removed way too late.

The first stablecoin USDT was actually on the Bitcoin blockchain. It used the Omni network. And the reason why everyone stopped using it was because it just took way too long to wait for a confirmation. And the network fees were slightly larger than a regular Bitcoin transaction.

So this is nothing new and this new coin won’t become popular at all due to this. It takes way too long to confirm on the Bitcoin network and hence why nobody will use stablecoins on Bitcoin network.

No, nobody used claymore for like 5 years but the point I was trying to make was that at the time it was the best miner you could use.

He didn’t develop it for free and due to that he made to make it closed source to get the fee. If he made it open source, everybody would just move the fee to 0% and he wouldn’t make as much money.

None of his miners had viruses or malware. People used it for years and just trusted him. Plus like I said before. It was all on headless rigs with nothing installed except the miner software. Nothing to steal from those systems.

Even if you were around the new Bitcoin days you wouldn’t of held till now anyways. I was around since 2014 and if you told me that we would get $10000 Bitcoin I would of laughed at you. Back then price was $200 and the goal was maybe $1000 or $2000 Bitcoin.

So if you were around back then and invested at $200 you would of long sold before $69K. Most likely at $500 or $1000 or $2000. So don’t beat yourself up.

The main ones are pretty much BTC and ETH. You can actually make good money day trading these all day and night. After that you got alts like XRP or BNB but these generally don’t have much moves every day.

They were around for years so they are good for long term trading but for some term day trades you might not find any worthwhile moves.

It is deflationary however the supply is still huge for ETH. The amount that gets burnt is very small compared to the total amount of ETH out there. And keep in mind that if the fees goes down then the ETH fees burnt also go down. There is no guarantee that the fees will always be high. Days like today they were low.

Because with certain Algos like Dagger Hashimoto or whatever that algo was called for ETH had a crappy build in miner called ethminer.

I used it in 2016, it basically made all my rigs freeze during the epoch change, there was also no monitoring, no dual mining, etc.

I rather pay claymore the 1% fee for the stability than deal with ethminer. Sure it was closed source but he had a reputation and they were all on rigs with no private keys or anything.

There are a few events like the Hong Kong launch on June 1st, the unemployment numbers and the CPI and the fed rate.

Depending how the employment looks and how CPI performs we might have some volatility. Basically everyone is expecting softening of the employment and inflation. If they come in hot then we might be in for a ride.

I vote for a slightly bullish June however.

You won’t be a millionaire by buying 1 Bitcoin. That boat is long gone. The last time you could of invested a small amount and became a millionaire was in 2015 when it was $200. Even if you bought in 2019 at $4K, you would still need to own 15 BTC to hit the million mark in 2021-22 and those 15 bitcoins would cost you over $60K which is a lot of money.

Those who bought in the $30 range did very well if they didn’t sell. However most probably lost their coins or sold when it hit $100 or even $1000.