I would suggest you elaborate the issue a bit? From what I can see your YouTube video is private? Also if the balance is visible in your account how is that you cannot use it? Isn't it showing when you sell/transfer it? Have you checked for any open orders? Try clicking cancel all orders from the order book a couple of times. Chances are it might have been stuck there.

Let's take your example and you give XRP as a loan to the folks. So don't you think people would immediately sell of their xrp for cash? And if they do it what is the whole purpose of giving them loan in a crypto? They'll end up most of the time hedging themselves against exorbitant interest, one that you'll charge on XRP and second due to increase in value of XRP as they will eventually buy XRP to pay you. Also what if the owner of XRP dumps his supply and the price falls drastically? Banks collapse? Or wait for price to come back up?

I think every calamity brings with itself a big bundle of opportunities, be it the 2008 crash or be it COVID, people with brains always get a way of promoting their businesses. But we cannot really say it advanced the world into the future. All it did was escalated our digital adoption by 4-5 years which is both good as well as bad. Good in terms of flexibility that we now have but bad in terms of the human interaction that we will soon feel is missing from our lives. Digital meetings are good but nothing can match brainstorming when everyone is physically present in the room. I think it's far more effective. Also if there wouldn't have been any covid there would have been advancements in some other fields. So it didn't advance us in the future, just made us more tech-savvy, which is both a bane and a boon.

1. Team : Best place to find the team is friends, acquaintances, LinkedIn, and this forum itself, I think even on your this post, you might find a few people who will be ready to partner with you but remember, higher the expertise of that person more stake he will want in your idea. If you want t hire someone try on the services section of the forum clearly stating the experience requirement.

2. Again the forum is full of wealthy investors who wouldn't mind investing a bit in your project if it's actually good. But for this you will have to share a lot of details with that person it won't be just free money, you would be highly accountable for it. Generally, people take seed funding from their near contacts.

3. Followers: There is no single answer for this one. This depends entirely on the type of project you have and how scalable it is. The risk of someone copying your idea is pretty high too, so if it's a product make sure you get it patented before disclosing. 

I would also give a caveat it's not going to be a very easy task to be honest. It takes a long time to build a good team and get reasonable funding. These are the major reasons why most of startups fail too.

None of the above Tx Id are there in blockchain, this means most probably the transaction wasn't even broadcasted to the network. Which wallet did you use? can you still see your balance in it? Because ideally you still own the money. But if you are using an exchange or something they might have removed funds from your exchange balance. If you are using a wallet and have a balance in your account try rebroadcasting the transaction once again?


Yes Sorry! I meant MemPool and not the final Block. Thanks for correcting!

Please give more details about the transaction if you need help. Give the name of the wallet from which you had sent and also the exchange to where you have sent? Give the transaction hash or check it yourself on https://www.blockchain.com/ . See what the transaction hash says. Conflicted Transactions generally refer to the double spending of the same amount of bitcoin. It generally happens when you send two transactions into the block for the same BTC, the transaction with the lower fees generally gets declined as a conflicted transaction because the same amount of bitcoin has already been transfered. Please give more details for any help.

An excellent point and very well written. Global Adoption can be from two standpoints, one is regulatory adoption that all countries or at least most of the countries decide to use cryptos as the only legal tender and they decide to forgo their traditional fiats, this option seems unlikely as no country would want to lose power by themselves, a few friendly countries might do it but no way the big guns are going to scrap their own fiats, but yes they might allow cryptos to coexist which too to me looks unlikely.

The second meaning of global adoption is from a personal perspective. Basically, every person on Earth or at least most of them thinks of Bitcoin as a valuable thing something like Gold. Not talking about its investment value but if tomorrow there is an apocalypse, chances are only people holding gold would be able to buy anything. Bitcoin has to reach up to this level, which too seems unlikely at least in the next 30-40 years.

But the catch now is what I have written in a lot of posts before too. That if everyone starts considering bitcoin merely as a store of value and something to Invest, it will lose the utility it was made for which means it's value is a hoax, whereas if a person starts to spend their bitcoin the price cannot go up for an infinite time It eventually will plateau at a point.

Interesting! Also as I can see it never really went below it's previous all time high once it crossed that high to create a new higher. Which means the least bitcoin can go is around 20k nothing less than that. So if anyone wants to get in for a relatively longer term anything around 20-25k can be a good buying area. Also I think this correction can be over soon and we might see 50k area once but the actual bear run would eventually start once we get rejected off that area and then we come at this level. Because then you can expect btc to stay in this area for quite long maybe couple of more years.

I would reiterate your sentence correctly, COVID-19 hasn't allowed the growth of digital currencies instead it has actually promoted growth for Digital Payment methods which include something like Scan & pay options and Bank Transfers because people wanted to avoid cash. How exactly are digital currencies being boosted in this scenario I really have no idea. Some people give the excuse of inflation and huge printing of money, but I don't think anyone getting worried just because FED has printed a lot of money. They know that Fed has been always doing it and they will continue to do it in the future and yet the American Economy stands firmly. Similar scenarios are happening in the rest of the countries of the world too.

The best and unmatched indicator to be successful in the market is price action. There is no better indicator than price action but it's not easy to understand price action, therefore, other indicators are used in conjunction to give a better idea of what's happening. Apart from price action, the second thing that helps is the Moving averages. They are too helpful. They are results of raw price action and also show you the bigger picture. They also act as dynamic support as well as resistance, therefore, gives you a lot of trading opportunities. Another good indicator is RSI. The best tool to understand the trend as well as identify Reversal in the market. Back-test the market at various levels and correspond those levels with the RSI level it can give you a great idea of the trend. Also, divergences on RSI are pretty accurate indications of Market Reversal.

You might be seeing as the world bowing down to the US or China but truth is that global tax evasion has been a hotly debated issue in Global forums like G7 and OECD for quite some time now. In fact most of the fight revolves around the fact that while companies are operating in developing economies but giving their taxes in their head offices which are either in the developed nations or tax heavens. Because most tech giants operate in small countries without any physical establishment so they get away without paying any tax pretty easily despite gathering huge revenues from those countries in form of advertising income. Now these same global forums can be used against crypto tax invaders too and i think most of the countries would be in for it because in return US would help them too by sharing necessary details.

This is pretty useful information but these things aren't really holding true anymore in the markets except for that US Session. Instead, I have seen another sign of volume spikes in the crypto market. It's generally around the 4-hour close mark each day. Especially the ones that happen at 4 a.m. GMT in the morning and 4 p.m. GMT in the Evening. If you see on a 30 Minute chart every 30 min before the 4-hour close has some huge volumes. One reason for this that I can think of is the funding fees. Many people might close their positions before the candle closes and they open it back again to avoid the funding fee which is charged at exactly the close of a 4-hour candle in the futures market. But this time can be a great time for scalpers as volume and volatility is all what a trader really requires.

Never. It's simple plain economics. It might have been able to do so if it was made on POS from scratch or in early 2010 but as of now when BTC price is 60k there is no chance one can even think of switching to POS. Just imagine the investment that would be required to buy your stake and keep it in and despite that, the new miners will never be able to hit their profitability mark anyway because the early adopters will always be having the edge. This would ideally make mining unprofitable for anyone who has started recently. Also, if you look at it from another angle. Also if the pools vanish altogether for some time. Chances are that even a 51% attack can be made on bitcoin. Satoshi created bitcoin so that even on his own cannot manipulate it after creating it. But in POS let's say if he decides to stake all his coins for Mining he can literally control the mining altogether.

How can leverage trading go and why do you even expect it to go? Even guns can be used both to fight enemies as well as for creating anarchy. But this doesn't mean guns need to stop altogether. I think it's about your own risk aversion. People should be aware of the risk of leverage trading and they should only enter these positions if they are willing to take this much risk. I like how Binane gives you a video tutorial when you want to start leverage trading and even asks you for a quiz to make sure you know what you are stepping into. This might hurt their volumes a lot because a lot many people might read it and might decide to stay away from it. Despite this, they have kept that mandatory quiz before you begin futures.

I don't know why people consider the 21EMA and 200EMA as a major cross, According to me Death Cross and golden cross have always been formed using 50EMA and 200EMA and we generally see these averages for other assets. Bitcoin being a more volatile asset it makes even more sense to view these slower averages for the cross. If you will see the daily chart of last 3 years. just 2 out of 8 Golden/death Crossovers depicted extreme price movement from the 200EMA rest 6 times price didn't go too far away from the EMA and came back on the other side pretty quickly. Whereas 50EMA and 200EMA gave much better and accurate signals for a trend reversal. So, I would wait for at least 20-30 more days to declare that Bullish Trend for this bull run is finally over. 

He is sort of right, no matter how much we shout about having a decentralized economy and things but in the end, you need to pay taxes so that you need to contribute something to keep the country running. Imaging a completely decentralized economy is a myth for the next 40-50 years and until then we can imagine bitcoin only as an investment and Investments can never be kept outside the purview of Taxes. Also, most of the countries are already collecting taxes from crypto investors so this is no surprise for anyone. The moment you transfer funds on any exchange you are yourself selling with the caveat of paying taxes as most of the exchanges now have complied with KYC.

I am surprised to see JP morgan's way of dealing. If the leader of the company does not believe in technology or company but still would Promote the technology and attract people to invest in it. Also isn't it quite obvious that the owner of JP Morgan would try to demean crypto as much as possible so that people would stay in stocks only. Stocks are their bread and butter, they are the leaders of the market. If people who have a limited set of Capital shift their capital into cryptos, they will obviously suffer huge losses, and this is the reason why they were left with no other option than to give their customers the option to invest. Also, these institutions are too unpredictable they will just take a few hours to enter the market back again and people like us won't be able to catch the wave.

Generally in very volatile markets, one should always use Market Stop losses. They might hurt you a bit in terms of slippage but will definitely get hit. Also a 50% drop to be very true is something that comes just once or twice in the whole life of any asset. Such a huge fall generally takes place due to huge leverage positions only as the Whales try to manipulate markets. It's wise to never trade in futures until you understand the market completely. Also averaging as mentioned by Ratimov is an excellent technique too. I myself used this technique in the recent dump only. You should always keep a buy order right above your liquidation point if you see your liquidation getting hit due to a huge crash.

1. I don't think now it's possible unless we have a hard fork that obviously will make an alternative BTC and won't change the already existing one.

2. It would make the energy concerns of people even larger. Because for the same difficult people will fight for more blocks a day but the reward will be lowered and might even make mining nonprofitable. Moreover, I am not sure about BTC but for some unpopular currencies chances are that we might also have a lot of empty blocks. Which means miner will use all their computing power to confirm zero transactions. BTC because of it's wide usage might not face this issue.

That's an excellent piece of advice. Are you CPA or something?
Now talking about merely crypto assets in the balance sheets of the corporates I think they well suited under IAS38 as they satisfy all the conditions of an Intangible Assets.

But a major debate here could be whether it could fit in IFRS 109 and IAS32. It actually cannot be said as a financial asset because there is obligation of payment by the other person in any case of a coin. They generally are more like investments which do have a market value but don't have a realisable value. So I think most of the cryptos would go on as an Intangible Asset in the balance sheets however this regime isn't being followed by most of the corporates so far.