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Daily General Discussion – September 2, 2022 (GMT+0)

Daily General Discussion – September 2, 2022 (GMT+0)

Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, …

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On Friday, Jerome Powell announced The Fed will continue to raise interest rates until they feel inflation is back under control

On Friday, Jerome Powell announced The Fed will continue to raise interest rates until they feel inflation is back under control

After his speech, equity prices dropped. Crypto followed. Over the weekend, fake news broke that the Mt. Gox creditor returned all 140,000 Bitcoin to the victims. Worried traders continued selling Bitcoin over the weekend. By Monday morning, Bitcoin price had fallen 10% from before The Fed announcement. Next up: The FOMC meeting happens on September …

On Friday, Jerome Powell announced The Fed will continue to raise interest rates until they feel inflation is back under control Read More »

Ethereum might split into 2 chains after the merge- A historical look at price action of previous splits with Bitcoin, Ethereum, Litecoin, and Monero

Ethereum might split into 2 chains after the merge- A historical look at price action of previous splits with Bitcoin, Ethereum, Litecoin, and Monero

Whenever there’s a hard fork, there’s a chance one coin splits into two. The first time this occurred was with Ethereum in July 2016, due to the DAO Hack, which created Ethereum Classic. Since then, other notable forks include Bitcoin to Bitcoin Cash (July 2017), Bitcoin Cash to Bitcoin SV (November 2018), Litecoin to Litecoin …

Ethereum might split into 2 chains after the merge- A historical look at price action of previous splits with Bitcoin, Ethereum, Litecoin, and Monero Read More »

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