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    Investors ditch the euro and pound for Bitcoin in record numbers as their value plummets

    Reliable? I'm unaware of any private bitcoin wallets suffering a reliability issue. Or did you mean to reference the BTC/USD exchange rate volatility?
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    Investors ditch the euro and pound for Bitcoin in record numbers as their value plummets

    Reminder: The supply of bitcoin is always decreasing. The rate of mining is slower than the rate of lost wallets. It's all the people that put $20 into a bitcoin machine or opened an account at an exchange 5 years ago with $500 that have permanently lost their private keys. Those coins can...
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    [Hacker News Rant] Why Modern Software is Slow

    It's a cost issue. You can have more for less if you reduce developer costs. Reducing developer costs is accomplished by using higher and higher level tools. No magic. Nothing to get emotional about. It's just a tradeoff that has been well understood since the 1980s.
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    There are some serious rumours doing the rounds about a major bank failure

    Someone will be allowed to fail as justification for taking strong policy and monetary action. That's been the playbook for a long time. The challenge for Powell is that this playbook is an open secret but before it was just speculation. Today everyone has their finger on the trigger to go...
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    Jim Chanos on Coinbase: It's not a good business model

    You don't wait for it you go study it. The math is complex. I'm not willing to believe you are some genius that understands all this and has nothing left to do with his brain other than wait. lol. Did you wait for 14 nm cpus? Probably not. Unless you are a tech geek you probably had no...
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    Jim Chanos on Coinbase: It's not a good business model

    Binance has absolutely been killing it from the start. It is a very different business than Coinbase yet it is also a crypto exchange. You have to dig into their business models to understand what is going on. Coinbase isn't failing because some people use crypto for gambling...
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    Jim Chanos on Coinbase: It's not a good business model

    Correct. So you have proven to yourself they are not a casino and your first statement was incorrect. Let's review your two claims: 1 - "So Coinbase is a casino." 2 - "A casino/broker should make money in both an up AND down market." Coinbase does not have a sustainable business model right...
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    Jim Chanos on Coinbase: It's not a good business model

    Both of these statements are incorrect. You can read about their business in their EDGAR filings. Should be an eye opener for ya.
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    Jim Chanos on Coinbase: It's not a good business model

    He nailed it until he made the leap that you can extrapolate Coinbase expenses to the "entire crypto universe". That's beyond absurd. Most crypto is tightly held and not traded. No way would he take this enormous leap of faith in logic with his other analysis. He's not that stupid. But he's...
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    building firm in new york, want in?

    You split it evenly among all 16? lol. No. You pay the high performers more. Guess I'd have to ask for your resume as this one design element of yours is suspect.
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    $SILVER bottoming

    Agree
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    Why the heck is even GOLD going down?!

    The dollar is just getting weak slower than other currencies. Nothing strong at all about the purchasing power of my dollar when I go shopping. People want it less and less.
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    Why the heck is even GOLD going down?!

    Monetary deflation is happening, not inflation. The rising prices we all see are the result of a lack of production. Gold will protect you from monetary inflations. Nothing can protect you if people don't want to produce the things you need. For this reason I think the fed will start...
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    AMD vs INTC

    As far as investing goes INTC is a steal. Retail investors are very focused on what new items are hitting the retail shelves but the development and excitement is in silicon that will not be in our hands for a good while. If Intel executes well the next few years look very bright.
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    MMED - psych stock down 50% today

    When you buy stocks you invest in a business, not an idea. That's my thought. :)
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    Execution speed

    It is extremely unlikely that length of delay is IP network related. Check your logs. Talk to your broker.
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    Longtime prop trader says 4% of day traders made decent money

    Opportunity is not evenly distributed.
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    What else would BTC be used for?

    There are plenty of university studies, the U.N. has studied this, and the list goes on. Do you really need me to do your research for you? Crime happens with US DOLLARS. Duh. It's always been this way and the numbers are absolutely overwhelming. If you are going to imply that Bitcoin is...
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    What else would BTC be used for?

    If you think it's great for that purpose then why is the vast majority of money laundering done in US dollars and not bitcoin?
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    Anyone know this simple Money management calculation?

    The gain to get from $50 to $100 is 100%. So unless I have misunderstood something I'd say you are indeed wrong.
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