You are missing a point here, there was a ban for Bitcoin in China for years and they did not ban them recently as a payment system, if the Mexican government wants to ban the use of cryptocurrencies, either the people has to protest against them and challenge them in court or there are other ways to trade them.

I do not think a ban from the Mexican government will have any major impact in the market. I am expecting many countries to come up with rules and regulations and banning them altogether will backfire .

The institutional investors should be thanked here as they were the ones that help propel the market to new levels and it is not surprising that the market could not sustain to grow without any correction and that is what we are seeing right now and people are crying about the bear market which they clearly cannot understand the market.
I am expecting the market to rally once again before we enter the bear market and you will see the money returning in a few months.

Sure it helped with the confidence of new investors who were in two minds and everyone who was watching the market should be well aware  that the market would rally after every halving and many took that opportunity and so is the reason we saw the market rallying much earlier than we saw in the last rally.

The question will be how much money are they willing to shell out for these court cases and the best lawyers attract huge fees and the reason Tyson Fury did not counter file anything and jumped into the fight with Wilder is that either they need to pay him big amount to step aside or they can fight in court spending millions to lawyers.

Paradigm Sports has the financial backing and they were part of the biggest fight in combat history and there is a contract in place from what i understand, so this wont be that easy to tackle.

The legendary run by Fedor Emelianenko was when i was not a fan of the sport and i thought it was brutal and after becoming a MMA fan i started watching his old fights and the fighter that upset him when he was ruling the sport was Fabrício Werdum and he is also 43 years of age and a rematch would be great and i am sure it will big numbers for his last fight.

The only people who could people anyone when they are addicted are family and close friends because every addict things that he is having control over the things he is addicted to, be it drugs or alcohol and when it comes to gambling it is still the same even when you loose huge amounts of money.

Even in online gambling space you will see many obsessive gamblers who does not know how to stop unless they loose millions of dollars.

There is no debate that there are some brainless jacks who does not know shit about trading jumps into a market hearing that it could get good returns and then burning their savings, this is all too familiar in the cryptocurrency market. If anyone who spends the time to study and learn about the market and learn how to trade will not end up in a loss  .

Once i saw these news updates i was expecting the market to rally and it happened in the past 24 hours, majority of the markets moved up and whenever we see these articles about crypto winter from the so called experts i am expecting the reversal rather than following their stupid predictions and that is happening as i write this  .

I would like to these experts today and really want to hear their comment on why the market is recovering after their detailed analysis of a crypto winter  .

What do you mean by survive, you think it will be getting a ventilator to survive in the next ten years , are you even following the development that is going on in Bitcoin, just check them out before getting into conclusions, Taproot activation is fast approaching and i am hoping we will have a rally when that takes place and i hope we will have that upgrade without much fuss.

The major reason why majority of the people is staying away without investing in cryptocurrency is because of the high volatility and that combined the number of scams taking place in the market and the number exchange hacks and most of the time these exchanges cease to exist after the hack leaving its customers dry and with all these risk involved majority will stay away from the market because the risk weighs much higher than the benefits it offers.


 

This is the way majority of the alts in the market is creating the momentum, shilling with the use of social media and creating the hype and so is the reason majority of the coins gained investors.

What is a genuinely useful cryptocurrency, the majority of the coins are speculative and there is no intrinsic value unless you could someone attract the investors to invest in them and if you are able to convince others then it will gets its valuation and that is how all the coins in the cryptocurrency market gained their traction.

It is funny you have contrasting statements, you are telling that as a trader you are using Altcoin USDT or BTC/USDT trading pair which is a stable currency and you still think that it is not offering anything to a trader  . The reason why everyone is using stable currencies as a trading pair is to hold the valuation when they book their profit and when you are trading in a highly volatile market like cryptocurrency stable currencies are necessary and USDT is not the solution as we need more secure and transparent stable currencies.

As i mentioned, to hold the valuation you need a stable currency and merchants might like a stable currency but they can always covert payment using payment processors instantly.

Keeping a record for all your gambling transactions does not mean anything if you are an addict, you will be having all the immaculate record about the loss and the amount of money spent whenever you gamble and if you are not making any decision changes then there is no point in having these records, the fact still remains that you cannot be a responsible gambler if you are addicted and it will be too late to admit the addiction.

We cannot underestimate these lawsuit because i thought nothing would happen when Deontay Wilder filed one against a contract they had and with that Tyson Fury had to drop the proposed match up with Anthony Joshua and continue with the trilogy and if there is a contract you never know what the outcome would be.  
I still hope there is nothing to worry and the fight will carry on as expected.

I doubt he had a million coins and there is no evidence that ever held that much coins and these are just claims and the headline looks great, even with his tainted reputation here and his bitbet which scammed some to the amount of 10 BTC and then the gigamining fiasco and he might have made a huge amount of coins through these activities but not a million coins for sure.

There are many threads that discusses about the coins we hold after our demise and the most legit one is that you can write a Last Will or Testament with the help of a lawyer so that all the coins reaches our family after our demise and with the pandemic situation it is a necessary that we should do these if you are holding huge amount of money in cryptocurrency as you never know what happens in the future even if you are healthy and young.

It is a really attractive odd for Manny Pacquiao and he was also an underdog against Keith Thurman and from what i remember he was an underdog in all the odds maker charts as no one expected Manny Pacquaiao to win at 40 and Keith Thurman was undefeated and this is familiar situation against Errol Spence and my heart says pick the best odds now but i will rather go with round odds than picking the winner  .

I am yet to see this market situation as completely bearish even though he had a good correction from its all time high valuation but i would say that the rally happened from its previous all time high to the present all time high in a short period of time and the market is consolidating before we see another rally.

There is a possibility the traders would dump the alts and jump into Bitcoin if there is a rally once again in the next few months.

West Indies dominated the match against South Africa, i thought 160 runs was a decent score with the bowlers they had but the West Indies batsman smashed Lungi Ngidi, Kagiso Rabada, George Linde and Reeza Hendricks and won by 5 overs to spare and just proved that they are the strongest team in the upcoming T20 World Cup and this will probably be the last World Cup for Chris Gayle and winning them will be a proper send off for the T20 King.

First we need to accept the fact that Bitcoin is here to stay and if we have that understanding then the risk factor or the pressure and anxiety when the price drops is minimal because you know that the price will always recover but you need to understand that it is always wise to invest during a market correction and even if the market goes down further all you need to do is to be patient and wait for the recovery even if it takes a few years.

From 62 for no loss in the first innings to 217 all out and 170 all out in the second innings and there is no reason to think that India batted badly  . These are extraordinary performance by the New Zealand bowlers and the Indian batsman did not do anything to win the match  .
If the Indian batsman could have played for half hour longer they could have saved the match.