Which COIN do you think has a long term good fundamental future? Despite the TOP coins, that you think has strong team, model and in long term they will create the value.
The problem is I could tell a lot of coins which have good idea and maybe a good team but they might not end up being the multibagger despite that, became se generally just a couple of coins boom out of all the coins in the market working on the dame idea, these are generally the coins which get the first movet advantage or the ones that are VC backed, so instead of finding such coins find some coins which have good future but are in top 100 or 200 like livepeer which has grown already a lot but still has potential to grow a lot in the future. |
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Every time there's a problem with the debt-ceiling in the US since 2011 there has been talks about the possibility of minting a one trillion-dollar platinum coin out of thin air. Although the current US Treasury Secretary is opposed to this idea, there are people out there that are pushing to make this happen. On the other hand, most people think that Bitcoin reaching one million dollars is ludicrous. Combining these two ideas, I get the impression that most people still believe more in the USD than Bitcoin. Although things might change in the future when Bitcoin reaches $100k at some point. That will probably be an important mental milestone for the average person. People don't believe in USD it's just that they are in their comfort zones, they think the payment method and standard they have been used since ages and generations is more convenient than using a new age technology, if bitcoin would have been running through generations people would have preferred bitcoin too, technically they don't compare between the two on basis of pros and cons, they compare it on the basis of what is comfortable for them, most people don't even know the technology behind bitcoin. |
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Human has managed to successfully unlock things that haven't been discovered before and most of the time they take advantage of it to make a profit just like the owner of Anti-virus on computers, If they wanted to get some money from the people, they create their own malicious files that will cause some destruction to some computers that their anti-virus is the only capable of detecting it.
My point here is, Is this possible in the human being also where that suppliers of vaccines are the one who causes this mess? looks like everything is set up when countries already bought millions of dollars of vaccines, they tend to release another variant to cause panic to the people and give them no choice but to buy another upgraded vaccine from them.
What do you think about it guys?
Obviously yes, if humans can make these big weapons of Mass destruction and they can make such huge vaccines for these viruses so quickly, I don't think it's too difficult for any evil minded person to prepare for some sort of a lethal virus or biological weapon, but yes it's just that our bodies are really very smart they know how to trick viruses and nature knows how to isolate even the strongest of viruses, so I won't say this is a very easy task for anyone but if someone works with only this one intention with a lot of funding and big team of intellectual scientists, it's definitely not impossible. |
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When i first heard about bitcoin, one of the selling points then was the pseudo anonymity. But as of recently, it is hard to purchase any crypto without encountering a form of KYC.
I’m just curious of everyone’s thought on this.
It's hard to purchase a crypto but once you are into cryptos doing transaction in Cryptos only it's not really that difficult to maintain this pseudoidentity, I personally feel that this KYC thing is somewhat necessary too because of scams and hacks that are happening around these days, and pseudo identity isn't really a very big requirement for 80% of the people, they are pretty okay with anyone knowing about their identity online and where they pay. |
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It is team Bangladesh. After losing all their wickets for just 87 runs in the first innings, they started batting in the second innings today. They lost 4 wickets in just 25 runs. With such a weak team and weak batting lineup, it would have been better not to play a Test series against a strong team like Pakistan. Bangladesh should have played T20 and ODI series against Pakisthan. Then they could fight a little.
If the team can't win or perform well in the test matches, don't expect any better performance from them in T20's and ODI's. After bangladesh scored 86 runs only in the first innings and were followed on, there was no way they could save the match. They showed a poor performance in the WC previously and now the recent series was a complete disaster for them. I don't know how can Bangladesh be so inconsistent in their performance and that also at the very same venues, at once they will beat the world t20 champions in a t20 series by 3-2 and immediately after that they will get defeated from Scotland and struggle to even play respectable cricket in front of other teams. If they want to become a good team on the international stage, they have to become consistent for the least, you obviously cannot be so inconsistent in your performances in same format and expect the world to think of you as a great team, currently Bangladesh gets to play against top cricketing nations only because of their viewership otherwise their performance isn't worth that lately. Although Pakistan won the series but I do wish Bangladesh should have performed better. The only way teams could do better and learn from their mistakes is when they have been given the equal opportunity by the ICC to play a series against different teams. After this series, when is the next series plan for Bangladesh? Shakib Al Hasan is my favorite batsman in the team and he performed well. Bangladesh need more of domestic cricket and more international matches and they would become much better team. Bangladesh performance in this test match was the worst one. Getting beaten by an innings and eight runs at home ground suggest there is a big problem with this team. Sajid Khan bowled impressively for Pakistan, he took eight wickets in the first innings and then 4 wickets in the second innings. This might be his best bowling figure in an international match. 2-0 wipeout in their home ground suggests the Bangladesh board needs to make many things correct with this team. True. I think Bangladesh has to build a test team from scratch, they have good limited over teams because of the premier league in action, they get good players from there but for test cricket you need good level first-class cricket going on in your country which isn't really the case with Bangladesh. Their national cricket league hasn't been able to give their youngsters very much exposure to first clas ~ on the other hand Warner got bowled by Ben stokes but it turned out to be no ball. Surprisingly Ben stokes stepped out of the line 4 times at the same over but third umpire finally woke up when Warner got bowled.
Automated front-foot technology has failed to detect the no balls. Ben Stokes has delivered a lot of no balls today and all of those no balls was considered as right ball as the technology was broken. Only three of his no balls was detected by the umpires. I believe Ben Stokes would have changed his running stapes if the technology detected the no balls of his early deliveries. Australia has taken a good lead, most probably they will win the match. Yeah, this info came out later and i was watching live. Guess Channel 7 broke the 14 no ball news to everyone. For some weird reasons no broadcaster bothered to share single no ball footage on live feed except the 2, which got caught by naked eyes. What's the use of this modern technology when you still cannot be accurate in your decisions, these small things affect the matches so much these days, especially in the t20s. If third umpire is too occupied with other things, they should just have one extra person looking for no balls. |
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After the Bitcoin hash rate dropped down since June 2021 after China climbed down on Bitcoin miners, this week the bitcoin hash rate has returned and made a new all-time high in its transaction hash rate which points to one thing that the price of the cryptocurrency will see a new twist in uptrend dimensions.
Isn't this the other way round? What I have seen in the past is that first, the price of bitcoin would rise and accordingly miners come in and the hash rate rises too, same happened this last time also until the China ban, I have never seen the market touching new highs because the hash rate has gone very high. But yes this does indicate one thing that just because one big country has banned mining doesn't mean that mining would stop altogether, miners just shifted their location or the old miners exited and the new miners have joined in the pool. Indicating to the remaining countries also that it's almost impossible to ban mining altogether. |
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It is team Bangladesh. After losing all their wickets for just 87 runs in the first innings, they started batting in the second innings today. They lost 4 wickets in just 25 runs. With such a weak team and weak batting lineup, it would have been better not to play a Test series against a strong team like Pakistan. Bangladesh should have played T20 and ODI series against Pakisthan. Then they could fight a little.
If the team can't win or perform well in the test matches, don't expect any better performance from them in T20's and ODI's. After bangladesh scored 86 runs only in the first innings and were followed on, there was no way they could save the match. They showed a poor performance in the WC previously and now the recent series was a complete disaster for them. I don't know how can Bangladesh be so inconsistent in their performance and that also at the very same venues, at once they will beat the world t20 champions in a t20 series by 3-2 and immediately after that they will get defeated from Scotland and struggle to even play respectable cricket in front of other teams. If they want to become a good team on the international stage, they have to become consistent for the least, you obviously cannot be so inconsistent in your performances in same format and expect the world to think of you as a great team, currently Bangladesh gets to play against top cricketing nations only because of their viewership otherwise their performance isn't worth that lately. |
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Imagine i buy something today with btc.
With 1 btc.
Today its worthed 60k tomorrow will be 40k.
And can fall down even further so the person who i transfered btc are in loss ?
The volatility is main issue why we cant use never for paying something....or im wrong ?
Or how is the situation here ?
I don't think you understand what a stock market is. Someone's profit is definitely going to be someone's loss eventually, but this thing won't hold true until the market completely collapses to zero. Because someone to whom you are selling in profit is buying for anticipation that in future the prices will eventually rise, and similarly when he would sell, he would sell to someone who thinks price would eventually rise, so until the price is rising everyone is in profit, some might be in little profit while some might be in more, but once the market starts collapsing then this chain gets reversed and it becomes more like a zero-sum game. If the 3rd person in the chain doesn't sells at right time he is eventually taking the loss from the profit that the first two guys have made. |
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Have you ever thought about Bitcoin becoming centralized someday? The ever-growing mainstream adoption of Bitcoin worldwide will only lead us closer to such scenario. To our surprise, El Salvador became the first country to adopt Bitcoin as legal tender. The more popular the cryptocurrency becomes, the more countries will be tempted to follow El Salvador's footsteps. Imagine governments making their own mining facilities, or even buying pre-established mining companies in order to gain a piece of the pie. If they manage to control more than 51% of Bitcoin's hashrate, the cryptocurrency will effectively become centralized. That, and the fact that they already control centralized exchanges is a very alarming situation for the future of Bitcoin. Of course, the only way governments worldwide will be able to control 51% of Bitcoin's hashrate is if they unanimously agree on using Bitcoin is a "One World Currency". This may all sound crazy, but we cannot ignore it from happening in the future. What are your thoughts? Will Bitcoin be able to remain decentralized for the foreseeable future? Or not? What do you think will happen if governments fully embrace Bitcoin as the replacement of Fiat? Your input will be greatly appreciated. Thanks.  If they were so united and so willing to use one world currency, there would never have been any need of bitcoin itself, the problem is for one single country it's going to be impossible to cover up the 51% hash rate alone, and eventually, if multiple countries began to do this they would face clashes with each others and will never be able to form any consensus, moreover, it's not at all financially wise for any country today to make such a heft investment, because the returns aren't going to be that exciting for them considering that not a lot of bitcoin are left to be mined now. If countries would really want one world currency they would simple legalize bitcoin as a legal tender and they will be easily successful in their mission. |
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First surprise is that you get revenue of around 59BTC in your "three small Stores" and then this much revenue might be so insignificant to you that you didn't even notice them, This means you must be having revenue of at least 10 million or more, anyways, not my business. But for sure you must immediately sue these criminals, you must be having invoices of all the customers that have used the POS, this means you will be able to reconcile the inputs in the address, and similarly reconcile the outputs with some other sort of withdrawals that you might have done. Complain the police that the balance doesn't reconcile and file a complain against the POS terminal company.
The $3 million price he quoted was the value today. Depending on the times the transactions were made, it could be less then $150000. Which is still a significant amount, but depending on the circumstances not unbelievable. If these machines were getting a lot of use in a major city scraping some money off the top would not be impossible. Depending on how the machines were setup and used. Lets face it, if the ATM operator is just renting space and giving the OP a cut of the profits then it's not impossible that they were vastly under reporting the amounts. -Dave I am not even talking about 3 Million, let's say he used the average price between 2016-2020 was $10000, this would still translate to $590000, a person who would be having revenues entirely from a particular stream would never let it go untouched because eventually, he has to do expenses for this store. If this person was able to forget such high receipts and never noticed any difference this means, this must be less than even 10% of his total revenues. Which is why I am saying this situation is very difficult to be believed in these circumstances. |
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 When we think of inflation we usually think of how much food, electricity or gasoline costs. But there is another aspect as well: how much it costs us to buy financial assets. The above chart at first glance may appear to be due to the strong performance of the 500 largest U.S. companies. But this is misleading: I believe it reflects more the effects of massive printing and inflation than how companies are doing. The charts for the stock markets of countries with high inflation are similar: the more currency printing and inflation, the more the stock market rises. That the S&P, which has an average return of about 10% on average has risen 30% in the last year is sobering. Let's think that in November 2020 we were already out of the stock market slump that was the COVID. At the end of the day, anyone like me who has money invested in the S&P 500 can't be too happy about the 30% return because if we discount inflation it comes to almost nothing. No this can't act as a barometer for Inflation, If we are going to value everything that rises in price as Inflation then even Bitcoin will expand due to Inflation one day. It's true that the more the money is printed more the money reaches into the market and higher the stock prices rally, but this thing is generally temporary in nature because if the money printing isn't backed by enough economic development eventually it will fall one day because companies that would have promised these valuations won't be able to justify their valuation using their profits/ Revenues and eventually the market would fall like a house of cards when people would ultimately take their money out of overvalued stocks. |
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I'm guess Binance.com and Kucoin are like Coca-Cola and Pepsi, at the top of the exchange food chain. But if you had to go with only one, which would you go with, and why? Trying to decide...help me out guys!
P.s P2P not being a factor. And of course, for trading.
One big reason for choosing Kucoin is that KYC so far is not mandatory for all users on Kucoin but it is already mandatory for everyone on Binance, which means that your identity is revealed the moment you start using Binance. Earlier I used to think that Binance is more or less a scamster as they intentionally just close the exchange in times of high volatility and dumps but what I have realized after seeing Kucoin is that Binance is still better is just crashes rarely while Kucoin would crash on almost every small dump too. I have seen so many times that you won't even be able to log into your Kucoin, in binance generally just a few people would face the error. Also, rest Kucoin have completely copied Binance. I would still prefer Binance. |
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even if u sell in personal, the money coming in your account can be traced.
and if they find out, you'll end up paying fine up to 5 cr or end up in jail or maybe both.
do u think every indian will take this risk?
i think not.
Let me tell you one thing even if the government traces the money from exchanges going into a wallet they literally can't prove who is the owner of the wallet because its just a virtual thing and you no need any ID to create an actual Bitcoin wallet and when we are going to give the ruling power to someone who is actually have some knowledge not who support the religion and Play the dirty politics. But the thing is they can still identify the source which means they can nab you and ask you where did you send the money to. Whenever the authorities can find atleast one person whom they can ask questions, things become very easy for them. So you need to find just one person in the whole chain. Talking about the people ruling us, trust me this scenario is not going to change for many many years to come. It will remain the same as it is now. People always prefer choosing leaders which are of their category and as long as these leaders know what triggers the folks they will remain in power. |
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There will be lot of questions as well as criticism in parliament on this notion. Moreover congress has been quite vocal in this Karnataka bitcoin scam issue and are targeting that BJP has been siphoned a lot of Bitcoins in name of this scam. Moreover the pace at which laws are getting passed in this session I really doubt that there would be any laws that would be implemented in this session, and moreover government has just received concerns from the stakeholders regarding ban, they would need some time to ponder over it before passing the law.
Nobody listens to Congress anymore mate! They are diminishing slowly will fade away in the near future. The problem is the present government that makes me go crazy when I hear some of the ruling party ministers think about Bitcoin and cryptocurrency as a whole. I am not sure what the bill will be about but the only point in that bill that confuses everyone is the term Private cryptocurrency. They plan to ban it but no clear indication of what they mean by that. The thing is even though nobody listens to Congress, the opposition has always been able to trigger a specific set of society against every law, they were able to trigger Muslims and students against CAA, were able to trigger farmers against the laws, and will be able to trigger the youth against this law. Talking about current government ministers, except just a couple of them, the rest all are just spectators and only have brains to win the elections and not to make any law or even have an opinion about any law. Banning isn't going to solve anything anyways, will just reduce the tax collections of the government because people will not pay Income tax on the trades they do. |
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If I wanted to accumulate some BTC anonymously and just hold it
would this work?
Buy XMR on a KYC exchange.
Withdraw it to a Monero wallet connected by TOR or VPN
Transfer to a second Monero wallet connected by TOR or VPN
Send XMR to a non KYC exchange and buy BTC
Withdraw to BTC wallet connected by TOR
Any corrections, suggestions, or better ideas?
Yes it's correct, an easier option could be using a mixer straightaway, something like Chipmixer can easily help you remove the traces of your funds which means once you Buy BTC in a kyc exchange you then transfer your holdings to a mixer and then to a private key wallet and your funds will be safe. But yes in both the cases you have left the trail when you bought the funds so authorities eventually know what you started with. |
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I reside in a country where the rate of inflation is high with a corrupted political system and tenures that have stolen the collective wealth of the nation and have crippled the economy, a high percentage of unemployed graduates who have in the last few years discovered blockchain and have gotten involved in Bitcoin activities such as trading and investments. Indeed Bitcoin has given us the economic power to overcome the crashing economy of many nations. 100% economic independent.
I understand that blockchain has given certain people bread and butter for their lives and some great opportunities to earn money but how in the world are you 100% economic independent? Even the stock markets give people the place to trade and invest but I still see no one making a fortune out of it except some very big lads. I feel all this economic independence of Bitcoin is only on paper, whales still control the market too much and can come to eat your capital any day. Don't focus on the monetary gains instead focus on innovation in blockchain world. |
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Hello!
i need advice, i have three small stores where i sell Phone, TV,PC and sell cash for bitcoin using a Pos Hardward.
One month ago, Someone wanted to buy my stores and he asked me to sign a LOI, and after he made a deposit to my account . After one week he asked alot of papers , Bank statement and Hot wallet.
Two weeks ago ,he told me that he discovered that my hot wallet lost 59.788 bitcoin within 1721 transactions between 2016 to 2020 and the scammer is the Bitcoin ATM manufacturer that sold me the POS terminals.
I contacted the company that sold me the POS , i shared with them the 1721 transactions with TXT iD
They replied and told me that they dont have access to server from 2016 to 2020.
What i should i do? can i sue these criminals for scamming 59 BTC or open an scam accusation againts them?
First surprise is that you get revenue of around 59BTC in your "three small Stores" and then this much revenue might be so insignificant to you that you didn't even notice them, This means you must be having revenue of at least 10 million or more, anyways, not my business. But for sure you must immediately sue these criminals, you must be having invoices of all the customers that have used the POS, this means you will be able to reconcile the inputs in the address, and similarly reconcile the outputs with some other sort of withdrawals that you might have done. Complain the police that the balance doesn't reconcile and file a complain against the POS terminal company. |
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even if u sell in personal, the money coming in your account can be traced.
and if they find out, you'll end up paying fine up to 5 cr or end up in jail or maybe both.
do u think every indian will take this risk?
i think not.
How are you saying fine up to 5 crore? I have not seen any single official source which has confirmed that there will be 5 crores fine or imprisonment, what I know so far the bill has not even been presented in the parliament, so It's too early to speculate anything of this sort. Some news sources are even saying that there will only be regulation by SEBI for money laundering activities rest everything can stay legal, while some are saying everything would be banned. So at this point best thing we as a member of the crypto community can do is stop spreading and believing in any fake news. Let the official sources confirm what is actually going to happen. |
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Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊
Haha yet another person trying to enter the market for quick gains. Trust me it's not worth it, everyone just thinks that they will enter the market and earn some bucks daily and then live their lives happily after, but the truth in reality it's entirely different, you burn out, you get frustrated while trading and eventually you don't make profits daily. The daily profits scenario starts much after 2-3 years and until then all you do is try and test different strategies, wait for your time to come, and think of imaginary scenarios of you making profits. I would recommend you try some other profession which could actually help you get real money and the amount of time you have to put in that would be much lesser. |
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I have heard many people say that never sell for a loss but what does it actually mean ?
Assuming you have bought a coin at $10 and the price goes down to $9 but you don't sell.
You could have placed a stop loss at $9 but you take "Never sell at a loss" so seriously that you decide to not put a stop loss.
The price goes down to $8 but you are too good at HODL. Suddenly the market crashes and the price goes down to $5.
You could have limited your losses at $9 but now your portfolio is down by 50%.
Now the price has to go 100% so that you breakeven with no loss no profit whereas you could have bought back at $5 and gained potential profits using a stop loss.
This is why I think "Never sell for a loss" is a myth and we should always use a stop loss and play safe with a good risk to reward strategy.
This actually depends on person to person, some people are traders, for traders, having a stop loss is very important, you cannot even trade without a stop loss in your armoury, but for the investors, the issue is entirely different, for them it's about holding good positions and carrying those positions to a time when everything just skyrockets, the investors should never ever sell for loss because they aren't active every day in the market and once they sell, it's not necessary that they will immediately find another opportunity to enter the market at the correct point. Traders, on the other hand, should definitely have a stop loss because, for them, every drop can be a potential entry, moreover, their capital is all that they have, if they lose it they will really become zero. So it depends on what you do, there is no one universal truth. |
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