I would find an alt coin that no one ever heard of, and something that you wouldn't normally name a child. Like poochain for example. Excellent name.

It has to do with the expansion and contraction of the money supply. Interest rates going down increases the money supply, up has the reverse effect. At least in theory. The stock market almost always goes up when the interest rates go down, and vice versa. See: Alan Greenspan's market manipulation. This wouldn't seem like it should effect bitcoin price, but remember the markets aren't what they used to be. Before institutional investors got involved, retail investors more or less controlled the market. Now we are just a drop in the bucket. So when institutions pull out investments as interest rates rise, this includes bitcoins. This may be because they are investing on margin, or because they see better returns elsewhere where they can get a better %. It gets complicated, and I don't really understand it all, but that is how I understand it.

I feel like that was politically motivated. Also the powers that be hate anything crypto, and look for any excuse. From what I saw she used the #ad hashtag or whatever, indicating it was a paid ad, so while fishy, it wasn't totally scammy. But rules are rules right? But why such a large fine? The banks get away with murder and if they are fined, it's usually a fraction of the amounts involved.

I like seeing these baby steps. While the implementation itself doesn't seem to make any sense (use a third party for something that was designed specifically to not need a 3rd party), it does show that large players are increasingly taking crypto seriously. It is exiting the "magic internet money" phase, and entering the beginning phase of mass adoption.

Bitcoin is valuable, dollars are not. I'd rather trade dollars for bitcoins, then the other way around. While it's good to see more uses for crypto, personally I would prefer to pay with dollars (inflationary by design), than bitcoins (deflationary by design). Especially in a climate of high inflation.

Thanks for the help guys! And also the suggestion.

That might be the problem, but it should show that amount from the beginning when you input the numbers. The way it works seems like a bait and switch, but I wasn't sure.

Hello, I was checking out this website, and testing with a small transaction. Basically you choose your trading pair, enter the amount, wallet addresses etc. But, you first enter the amount and get an exchange rate that seems to have a pretty reasonable fee (like under 5%). But as soon as I enter my address, it changes to an amount that is about a 25% fee, which is unreasonable any way you look at it. Am I imagining this? Can anyone else verify that the amount changes when you enter your address? If verified, this seems pretty scummy to me, but it's possible I'm missing something.

So you're saying I should dump my wife and marry crypto? I'm down. Wish I thought of it sooner! Just waiting for that haptic feedback suit to arrive in the mail.

I think it doesn't matter that much. Most people will end up using some form of crypto eventually, just like most of us use some form of motorized transportation. But, how many people who ride in a car or bus or whatever understands what the 4 stroke cycle is, or the difference between a 4 stroke and 2 stroke motor, or what the distributor cap does, etc. It is useful, so they use it. As things progress, solutions continue to evolve that require less technical expertise, and people get used to using it. Some day, it will be common just like credit cards, and most people will just use it. Those who want to dig further will do so, but I think most people aren't interested in how it works. All that said, I don't think it's a bad idea to offer classes. Probably see 4 year crypto bachelor's degrees sooner or later.

I don't remember exactly, but I heard about it fairly early on. I ignored it, and considered it to be a nonsense fad that would go away eventually. It didn't, and I eventually started paying more attention. My loss, same old "I wish I had been an early adopter" story. Good to keep an open mind I guess. I didn't, and I missed out on the chance of a lifetime.

As Z said, electrum seems to have a very good reputation. As far as trust wallet, I don't know anything about it, but I don't like the name. Would you go to a dealership named "honest guys car dealership?" If they have to put it in the name, it probably isn't true. Maybe I'm just being silly, idk, but I don't trust them.

Or, how people think they need to "build credit" when they are young, and think the way to do this is to get into credit card debt, and pay ridiculous interest rates, and get caught in a cycle of bad debt.

I remember the video they made against meme stocks. They got no business doing this sort of thing, it's pretty f****d up that the sec is targeting specific investments. But, I think many of us don't trust the SEC anyways. Word on the street is that GG is basically a criminal, but what do I know about such things? Nothing, that's what. I'll just hold and ignore the nonsense.

I always thought the anti btc argument based on energy usage was flawed. Why not go after Walmart? They use a ton of energy. Or tv sets. People don't need those, they use lots of power. Why not computers in general? Or Ford motor company, or air conditioning, etc. To single out bitcoin seems strange. Lots of stuff uses lots of power, and yet this one thing is singled out. I think it has more to do with the traditional banking system putting out negative stuff about crypto, although I don't know how I would prove such a thing. But, many media outlets are owned by just a handful of people.

Technology in general is creating more electricity demand. Look at the insane policy in California, where they want all cars to be electric? But where will this electricity come from? They already have rolling blackouts in the summer. The electricity prices, already some of the most expensive in the world, will become even worse. But that's just an example. In general tech will require more energy, so I think we need better ways of making that energy. In the usa we still use some pretty old school stuff like coal power. Time to invest in new power, rather than attacking a particular technology.

I think bitcoin atms have many headwinds. As already mentioned, they must charge a large markup, so will not be competitive on price. But also I am seeing more and more wallets that incorporate some sort of marketplace. Why would someone drive to an atm when they can buy right from their wallet on their phone? Maybe there are some reasons, but in general I see exchanges more used by traders and institutions, and wallets more for small time retail. This is maybe a simple way of looking at it, but I'm a simpleton anyways.

Wow gunbot goes from like 10$ to WTF! lol. But, I am curious. I could scrape together the wtf money needed, maybe I'll just start with the $10 version.

The Vast of Night

Gotta admit, I am constantly surprised at how popular nft's are. One just sold for 4.5 million. For a picture of a monkey? I don't get it, I must be getting old.

I don' t know what the price will be, but long term I like it. Think of things like the next block halving, or etfs or any other way to make it more accessible. It seems to me that more people want it today than yesterday, and if that trend continues the price will go up long term. Sure there will be wild fluctuations, but there always have been. It isn't easy to time the market. So, just buy and hold.