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1  Economy / Service Discussion / Scam or bug: flyp.me please help verify on: October 06, 2022, 06:08:14 PM
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.
2  Bitcoin / Bitcoin Discussion / My Favorite Misconceptions About Bitcoin on: September 29, 2022, 06:20:12 PM
Does this happen to anyone else? You're trying to explain to someone, perhaps a close relative, what crypto actually is? And they come up with all of these strange/sill ideas? These are my top 3, I would love to hear everyone else's.

1. You can only buy whole bitcoins. I guess this one makes sense, if you never knew anything about crypto. After all, one usually buys whole stocks and bonds, and whole other things. But I have had many conversations where the person says something like "yeah I would love to get bitcoin but I don't have (insert whatever the current price is).

2. It's a ponzi scheme/ tulip bubble/ some other kind of scam or shenanigans. I think this one comes straight from the msm. Even prominent financial news outlets regularly print erroneous, or purposely false and misleading information. But, if you actually know what crypto is, the idea that it is the same thing as a ponzi scheme or the tulip bubble is just silly. It's like the exact opposite of those things.

3. I would love to buy some Bitcoin, but (whatever the current price is) is just too expensive for magic internet money. This one I think is due to people feeling like they missed out at being an early adopter. These are the types that tend to say things like "gee I wish I had bought amazon when it was a few pennies a share". But whatever the current price, it's too much. It could literally be $5 a Bitcoin and they would say it was too much. I get it, they don't really understand what crypto is, but it's still a bit silly if you ask me.

What are your favorites?
3  Bitcoin / Mining speculation / So it looks like I can get some Antminer s2's for $200 on: August 27, 2015, 11:49:48 PM
I have some umisoo hash, and it will be converted to hardware soon.  The cost to ship each unit will be $200 or so.  This seems like a lot!  I don't see very many of the units on sale anywhere, so I have no idea what the resale would realistically be if I wanted to sell them.

Is this a reasonable price, or is it, as I suspect, more than the units are worth?
4  Bitcoin / Bitcoin Discussion / WSJ like bitcoin on: July 01, 2015, 12:37:27 AM
I just saw this headline about bitcoin: "With Greek Uncertainty, Investors Seek Safety in Gold and Bitcoin"

That is the actual headline!  Now bitcoin is "safe", and the WSJ it a heavy hitter in the investment press.  I am sorry the article is behind a paywall, but I think this is the best headline I have ever seen for bitcoins.  The FUD news seems to be in the rear view mirror Smiley
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