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Why is bitcoin price falling so much?
The price of Bitcoin is also being affected by policy changes by the U.S. Federal Reserve. Federal Reserve Chair Jerome Powell said in December last year that the Federal Open Market Committee (FOMC) would double the monthly rate at which it reduces asset purchases. The Federal Reserve is now purchaRead more
The price of Bitcoin is also being affected by policy changes by the U.S. Federal Reserve. Federal Reserve Chair Jerome Powell said in December last year that the Federal Open Market Committee (FOMC) would double the monthly rate at which it reduces asset purchases. The Federal Reserve is now purchasing $20 billion less of U.S. Treasury securities each month and reducing by $10 billion each month its purchases of U.S. agency securities.
In his post-meeting press conference on Jan. 26, 2022, Powell indicated that the FOMC will adhere to the bond purchase schedule that it announced in December 2021. While the fed funds rate is being kept near zero for now, developments related to inflation may change that. Keeping elevated inflation levels from becoming “entrenched” remains a key focus for the Fed.
Measures enacted by the Fed that are designed to control inflation have had a negative impact on the price of Bitcoin. The values of risky assets—like Bitcoin—tend to decline in the wake of the Federal Reserve making policy changes to become more fiscally conservative.
More broadly, as Bitcoin matures and becomes more widely adopted, the price of Bitcoin is increasingly correlated with the prices of traditional assets like stocks. This growing correlation means that any event that triggers price declines in the traditional markets is likely to trigger similar or greater price declines for Bitcoin.
See lessWould it be possible to give a human artificial gills?
The theoretical answer is yes, but such an apparatus would be enormous, heavy, and use a huge amount of power.
The theoretical answer is yes, but such an apparatus would be enormous, heavy, and use a huge amount of power.
See lessIs it considered rude to order an expensive meal when your business takes you out to eat?
Many many years ago I interviewed for a job in a non profit in Washington, D.C. My prospective boss asked me to go out to lunch and my choices were the expensive restaurant next door or a cafeteria at NEA. I chose the former. Yes I got the job, but I later found out I almost didn’t because I had stuRead more
Many many years ago I interviewed for a job in a non profit in Washington, D.C. My prospective boss asked me to go out to lunch and my choices were the expensive restaurant next door or a cafeteria at NEA. I chose the former.
Yes I got the job, but I later found out I almost didn’t because I had stupidly forgotten this was a NONPROFIT with a limited budget and I should have been more sensitive to this.
Why did I get the job? I was red haired, boss’s daughters had red hair, and this was a mitigating factor. When I walked into the office on the first day of work, his secretary AND administrative assistant were red haired.
Moral to story: Order somewhere in the middle. Avoid all traps.
See lessWhat is one unique thing about the state that you are from in the USA?
Wish I could say Scuppernong grapes, my favorite food in all the world, but we share those with a bordering state which also shares part of our name. We did discover this unique variant of the muscadine…all the grapes come from the mother stem. More argument for Livermush, a delectable variant of scRead more
Wish I could say Scuppernong grapes, my favorite food in all the world, but we share those with a bordering state which also shares part of our name. We did discover this unique variant of the muscadine…all the grapes come from the mother stem.
More argument for Livermush, a delectable variant of scrapple. Come to one of the Livermush festivals to sample it. BUT oh dear a very nice company in the adjoining state Elvis called home makes it too.
That leaves our one clear claim to fame, an addictive red beverage called Cheerwine. Not wine, just a plain cherry soda.
See lessCan I take a community college course during the second semester of high school?
You probably can. Check with the individual college. Each college or college system can usually set their own rules as far as whether or not they have a minimum age. Ironically my son, who took his first college course after high school freshman year, took a regular course at a college that didn’t hRead more
You probably can. Check with the individual college. Each college or college system can usually set their own rules as far as whether or not they have a minimum age. Ironically my son, who took his first college course after high school freshman year, took a regular course at a college that didn’t have a minimum age limit BECAUSE he was rejected at a college program for high school students that wouldn’t admit students who hadn’t completed grade 11.
Also check or have your parents check the policies in your school district. Many are required to pay for your college course if you’re qualified to take it and the school doesn’t offer it.
Also note that many big name universities offer online classes, including the Ivy League universities, and completing a course at a better college will be more meaningful than a course taken at a community college with respect to college admissions.
See lessHow can I use my technology skills and for what?
By either doing a job and to be utilizin’ it OR use it additionally like I do - Home Projects, Process Improvements and other Tech Projects at Home.
By either doing a job and to be utilizin’ it OR use it additionally like I do – Home Projects, Process Improvements and other Tech Projects at Home.
See lessWhy do people choose to stay in relationships that they constantly complain about?
I would first recommend that you look up the phrase “bad picker.” The way I\'ve heard it explained by a therapist is that all people have different “attachment styles.” That would also be a good term to look up. It all seems to boil down to emotional and social dysfunctions that we develop during chRead more
I would first recommend that you look up the phrase “bad picker.” The way I\’ve heard it explained by a therapist is that all people have different “attachment styles.” That would also be a good term to look up. It all seems to boil down to emotional and social dysfunctions that we develop during childhood. This is hard to undo for two main reasons:
Sometimes, when someone is finally a miserable, broken mess, and have nowhere to turn, they\’ll get therapy, start to uncover their issues, and develop better emotional intelligence so that they are drawn to better romantic partners and stop sabotaging healthy relationships.
See lessWhy wouldn’t the fruitarian diet be an ally for health?
No single food or single food group gives the human body all the nutrients it requires to function well and be optimally healthy. Fruit is pretty much just sugar: fructose, or fruit sugar, the simplest form of carbohydrate. The human body needs carbs but it ALSO needs protein and fat. Fruits do notRead more
No single food or single food group gives the human body all the nutrients it requires to function well and be optimally healthy.
Fruit is pretty much just sugar: fructose, or fruit sugar, the simplest form of carbohydrate.
The human body needs carbs but it ALSO needs protein and fat. Fruits do not supply the protein or the fat we need to be healthy.
If you ONLY eat fruit (and even if you drink a sufficient amount of water as well) you will die of malnutrition.
That’s why.
See lessWhich one is correct, “intend on doing something” or “intend doing something”?
The second is correct; the first is ungrammatical but can be corrected by replacing “intend” by “intent”. Emeritus Professor Rodney Huddleston, co-author with Professor Geoffrey Pullum of “The Cambridge Grammar of the English Language”, Cambridge University Press, 2002.
The second is correct; the first is ungrammatical but can be corrected by replacing “intend” by “intent”.
Emeritus Professor Rodney Huddleston, co-author with Professor Geoffrey Pullum of “The Cambridge Grammar of the English Language”, Cambridge University Press, 2002.
See lessI had a dream I felt something in my ear. What does my dream mean?
I need help. The night before last I had a dream that me and boyfriend were having a big problem because of his best friend and I was crying. The next day my boyfriend told me he wanted space. I know some people will say it’s Coincidence but I really feel like my dreams are trying to tell me somethiRead more
I need help. The night before last I had a dream that me and boyfriend were having a big problem because of his best friend and I was crying. The next day my boyfriend told me he wanted space. I know some people will say it’s Coincidence but I really feel like my dreams are trying to tell me something or prepare me for something. Last night I had another dream and in this one my boyfriend and I were broken up but then we got back together. My cat that passed a few years ago showed up in my dream and she usually does when really bad or confusing times are happening to me. She shows up and it lets me know that it will all be alright. Am I crazy or is this something that actually happens? Are my dreams actually trying to prepare me for what’s gonna happen or are they trying to tell me something?
See less