$14-17k looks like a good price to buy in next imo if we do indeed go that low..

If we don't, would you be more confident buying a rise than buying a drop as that might be the next best thing you can look at doing - if we get there too after waiting a while just to confirm it wasn't a bull trap.

I don't think $20k will be that hard a price to reach again but we might be stuck down here for a while so you might want to get used to it a bit - also if you'll ever panic sell you might want to consider not investing too much while th ings are this uncertain (selling at a loss is something that's possible if you think you'll panic/get annoyed with the market and just sell).

https://www.reuters.com/business/energy/eu-energy-ministers-consider-gas-price-cap-emergency-liquidity-help-document-2022-09-04/
I missed this but it still looks like a discussion point to me except for finland and Sweden (and probably Denmark because they're already fuelled a lot by renewables and that could probably handle their entire domestic market imo).


I was thinking this but hopefully it's another puppet government that tries to work based on advice (like the last one did).
Some countries share/steal each others bills too so they might be able to function off that for the rest of her term.

It's a big problem and one that might cost more if it isn't fixed - in things like healthcare.


When the cap was £1300 my house was estimated to be using £900 and I paid  about £600 a year so yes the numbers are a bit weird. Some old people will pay a lot more because they'll need the heating. I could warm myself up pretty well with a jumper and a hot drink on a day when it was cooler than expected (like -15C)...


It does seem high but I think it's meant to be a compromise, albeit an arbitrary one until they manage to get something more.

The government gets an income of ~£600-£800bn in tax revenue but most of that ends up being accounted for. It doesn't have much debt compared to other countries so that might be something that could be temporarily exploited.

Most of the covid support was spending from reserves (and I'm not sure if that's the same as other countries or not).

I just saw on Reuters that the UK government are planning to freeze energy rates (capped for a normal bill layer at £2500) for this year and next at a cost of an estimated $130bn for them currently this is the largest action taken in Europe apparently but it also feels like one of the last Western European countries to start to act - and one with a lot of control on how it can. BBC source

After the two years it's unclear what will happen but oil is a very sporadic industry and extra production can be set up in the North Sea as well as other countries being able to compete with the current supplies if they become more stable/less sanctioned in that time. There's also renewables such as wind which would be a reliable source of electricity in most of North West Europe (aside from a few weeks of sunny days every year).

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The new prime minister about to be sworn in has been criticised for being out of touch with normal people and for chasing as much money as she can so this is an interesting start.

Hopefully it's made the news because it's a very rare occurance.

I've not seen a report similar to this before (there have been cases where people have broken windows because someone's left their kids/pets in the car while they went to the supermarket and it got too hot but that's not as relevant as someone gambling) - these are normally social media posts too and aren't normally in the news.

Sounds like it qad very simple to make. I'm surprised it's worked and is on desktop though - I thought apps might be harder to find especially without advertisement.

Antivirus is good with known threats and lesser known software (and to track when some programmes are using too many system resources) but I don't think it'd have helped in this case as the app was downloaded from a fairly random source anyway and users might just override the antivirus if they did want the app to work.

I thought it was only spot trades that were fee free?

You could try trading the way you plan to without fees but I don't normally notice fees when I trade so maybe it's the strategy that's problematic. Have you tried looking into trading based on things like support and resistance to try to get something more profitible - it should be a fast thing to learn with a bit of ta to give you a strategy you can then test out and make work (especially if you have the time to backtest it/practice)?

It's not a sector they've done that well in so far though either. BUSD has around 15bn coins while usdc and usdt were over 50bn last time I checked (for each).

I guess this might be a good thing for stablecoins if it means that the spreads are low enough and they're stable enough between each other that a 1:1 conversion can be offered. But at the same time it makes busd look a bit risky (imo) that it could be collateralised by two other entities and not binance themselves.

Binance were doing a promotion some time ago (it might still be active and probably is) for trading without fees.

Aside from that I don't think there's options without exchanges the recoup fees based on spreads.

Crypto and governments will have to find ways to adapt and evolve to each other.

You're not going to want to let crypto do things your government has provided that seems efficient (things like healthcare, education and handling waste).

There are a lot of things available in the crypto industry but I doubt they're also that well paid too and could really compete with many governments for workers.

In the UK quite a lot of the high paid skilled jobs went remote pretty quickly at the onset of the pandemic and a lot of them still seem to be remote (it's cheaper and less effort for both the employer and the worker). There's a lot of rumours around that many employers of lower skilled jobs are trying to keep them in offices though to artificially make the commodity worthwhile and saught after to other investors if they want to sell or have a large portfolio of offices that can't be used for anything else.

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There will most likely always bee offline work needed though as has been said above. The pensioner's who don't want to use an app will still go up to the bar and want to be served by a person.
Hotels will still need security and concierge staff too that have to work at the premises.

In 2019, texas was a 22.9% oil and gas exporter from the US (this is the last bit of data I can find but I didn't look much because I doubt it's changed).

If you're from the biggest exporting country of energy and you make up 22% of those exports, you're going to do everything you can to stay there...

Texas are a state that have been very anti climate in most of their bill passing too because of this.

I'm guessing the state legislature has been paid from oil companies (probably not fairly) for trying to ban investment firms from being invested in if they're going to invest in sustainability or have sustainable policies.

You might also remember the news last year about texas having blackouts for a long time because their energy grid is unreliable and isolated...

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Sustainable investments have gone from producing zero interest and functioning at cost to actually start delivering good profits (it was a change that happened during the pandemic).

Looks like there are a few alts that have coincided their major forks too to around the same time so it might be something that becomes increasingly more interesting (/problematic) to watch. Based on luna's unlocking though, what if we're already priced in for a movement like that (with the lack of upward move on btc beyond $70k)?


$17k is not too far away and it wouldn't be too problematic for us to go that low imo, even the $14k that has been predicted before wouldn't be much of a problem to most that have held so far.

No one's really actually called for the price to halve too which might be an even more positive thing (the lowest I've seen suggested is $10k - which I could imagine would be huge support).

40 years have been spent researching quantum machines overall, that's a long time but the tremendous computing power they might be able to overcome will probably make it more worthwhile onif they're discovered or if their discoveries can be used to speed up systems already.

Afaik (I'm not too clued up on quantum physics) a lot of quantum relies on making assumptions and just not knowing things. There's probably some way that needs to be gone to advance that before quantum computers actually become a thing.

Also based off my quick searches, quantum computing was theorised in the 80s and has attempted to be built since then. I think a lot of things in physics are short of one or two major breakthroughs - also more people invest in making things when they know it's possible or when there's working designs they can copy (like with genomic sequencing between 2010 and 2020).

I'm assuming someone that's wealthy and wants to protect their wealth has a lot of investments in stocks (or at least has enough of an income to live off coming from it) so why wouldn't they just keep holding that? At some point, enough corporations will have gotten big enough from accepting bitcoin or will have moved into irrelevance for not accepting bitcoin and will have been replaced in time.

Are they able to withdraw their bitcoin too?

If the only purpose is to earn it to spend with vendors then that sounds like it's being used more as a gift card than actually giving them experience in using cryptocurrency (or maybe I've read that wrong).

Hopefully this idea will be taken forward and done in places such as schools where more people are able to learn a boy t it (most charities that reach out to children, including educational ones, normally don't get that many compared to how many schools can).

A lot of reports I've seen around here state that bitcoin (and most pow coin) use, on average, a higher proportion of waste energy when compared with other areas of electricity use too (especially because they run 24 hours and need to be set up in places with lower rates to be more effective).

I think the is a bit of an issue with pow in that it might incentivise large energy producers to mine themselves and thus might make the network more centralised as a result (there are ways around this, like getting enough individuals to solomine with only a few chips - or just one) but ultimately the power might come back to the energy firms.

(I still consider PoW to be a lot more secure than PoS though and more reasonable of a choice).

Did the forensics company take the phone apart and scan the chip itself? Have you tried importing the disk image yet?

The disk image will have the most you can recover (unless the wallet made you do a cloud backup of the file such as to Apple ID/ICLOUD).

If you can import the image and find the exact file then that's probably your best hope. Since you used face ID to unlock it, it either won't be encrypted or the encryption key will be stored on your phone.

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The nmemonic is normally nearly always the easiest way to recover a wallet though - also storing that amount of funds on a phone isn't considered secure.

I've heard of using hardware wallets before: https://trezor.io/passwords/

I don't think it'd be that secure to use a private key that controls funds for encrypting and decrypting those as it might be more likely to get compromised (ie if your key is being stored in your computer's memory).

There might be working examples of PGP or RSA being used for this encryption though too (for password managers).

I spent 2 cents on a transaction a few days ago (at 1 sat per byte) - I send transactions at night normally because I'm impatient.

I think segwit has done quite well to make transactions cheaper too (since its probably the first bull market we've had good integration of it). Bitcoin certainly hasn't gone anywhere close to the way eth did with transaction fees either (so I barely noticed the fees when they were high).

I don't think banks are innovating that fast at all. If they're moving online it's to cut spending and the services they offer.

They still have a lot more power over your money than crypto does and still habe a lot slower transaction speeds (uk transfers are instant but I don't think that's the same anywhere else and it's certainly not the same internationally).

Generally also, banks do better if they can make it harder for you to withdraw cash as it means they have a higher amount of money they're able to lend and earn interest off.