These kind of hacking incidents are actually strengthening the belief of the government and enforcement agencies, that crypto is used for terrorism financing. That's not good because such incidents actually overtake the good parameters of cryptocurrency in India media who runs for TRP.

While terrorism financial needs to stopped as it is very concerning for humankind but at the same time, it shouldn't be highlighted as the sole purpose of cryptocurrency. This is bad publicity.

CBDCs are not cryptocurrencies. They don't run on public blockchain. CBDCs are mainly a digital version of fiat money. So 100 usd of fiat money will have the same purchasing power as digital 100 usd.

USDT is an unauthorized CBDC you can say. The creator of USDT said that 1 USDT is equally valued as 1 USD. So structurally they are similar. But a CBDC will be issued by a central bank whereas USDT is a private cryptocurrency.  

Quite possible! I do not disagree with this! There are nations like North Korea who always tries to demolish the upper hand of western nations. And Kim Jong Un is a retarded person so he may try to do such act if he gets access to such quantum technology.

But when you say we jeed to prepare for this, what are you proposing? A code update? Please explain what's in your mind.

Theoretically a lot of things can happen but the reality is something very different than theory. Even if I assume that a quantum computer becomes capable enough to break SHA-256 algorithm, do you think any company who will own a quantum computer that time, will trigger this activity? Not only it will bring millions of lawsuits around the world on the organization also they will earn a very bad reputation which might force them to wrap up their business activity. It will create a global outrage if some organization tries to defy the law and brings down bitcoin.

So in theory it really doesn't matter if a quantum computer is capable of bringing down bitcoin or not, I don't see anyone will like to commit their quantum computer to such heinous act. They must be having important matters to look at rather than hacking activities.

That's the reason why I always say that too much institutional money is not good for a decentralized market like crypto. Many companies are sitting on extra cash that they would like to invest in bitcoin. But that makes bitcoin too centralized and gives them a competitive edge over the market. Because they know, they can use their influence and holding to manipulate the market.

A prime example of such behavior is Elon's support to Dogecoin. We have seen how a coin has come back from deathbed with another life and people are going crazy over it.

Crypto is all about decentralization. But unfortunately it's unregulated nature is allowing it to be manipulated by the deep procket profit mongers.

It depends on the reason for which your bank blocked your fund. If it has been blocked due to some court order, you are on the mercy of the legal system of your country. But if it is just precautionary block, a legal notice from your lawyer should do the trick. So try to find out the reason for the block and your bank is legally liable to provide you the information. Once you have the reason in, prepare accordingly. Any precautionary block has a limited timeline that depends on your local law. If it has exceeded,  the reason might be different and might not be joyful for you.

When you have purchased bitcoin from a centralized entity like Paypal, you should have done the due diligence and risk assessment before investing even a penny. It's sad to see that you didn't do it and wasn't aware of such risks.

So I would rather request you to sell your bitcoins to Paypal (the only method available) and come out of such centralized exchanges. Then buy from any Dex or p2p trading platforms to buy bitcoin. The price is at an optimum low level, so that should get you great returns in future.

Because they are altcoins, and not bitcoin! That's the easiest explanation available!

I am sure you have made this observation by looking at the top 10 altcoins. But that's not entirely true. When bitcoin is plunging, there are several altcoins that are going up. Some altcoins are growing by 600 - 700% to be honest. So your observation is only limited to few altcoins which closely mimics bitcoin's movement. But the market is somewhat different than what you think. Please look into CMC website and you will understand. The entire altcoin market doesn't follow bitcoin.

There are few things to consider. If the mayor has received the the bitcoins during the dip which is based on his dollar salary, there is no way to regret. Because the Mayor has got more units of bitcoin.

But anyway, it's really an individual matter. If I receive my salary in bitcoin and then the price drops off, I will be severely impacted because I am dependent on its value. Whatever liabilities I have, don't accept bitcoin as a payment. But that's clearly not the case with NYC mayor. For a lot of people, salary in bitcoin is a huge risk.

If you are referring to the recent announcement of Russian Central Bank's announcement to ban cryptocurrency - it doesn't mean anything for ETH in particular. If Russia is providing an exit period to crypto holder, we will observe some sell pressure but that's it! That additional supply will be absorbed by the market and most probably a temporary impact will be seen. But nothing much. So chill!

Tough times create real leader! I am sure Nayib Bukele is going through one of the toughest times of his tenure. He is the one, who had taken a revolutionary decision to make bitcoin as a legal tender for his country even after tremendous criticism within the country. He held on to his decision and didn't change his mind during this entire transition.

Now more and more criticisms are following in because the price of bitcoin has gone down! We all know bitcoin is an extremely volatile asset. If we look at the recent past of 2017 and 2018, we can easily understand the level of volatility. But when we are standing on 2022, it's impossible for us to buy bitcoin at the price of late 2017.

I want to see how much criticism he will have to face when bitcoin price reaches another ATH in next few years. IMF is a centralized body so it's not the first time they have urged El-Salvador to reconsider their decision and I am sure they will try even in future as well. But the time will decide the winner really! 

What is art and what's not an art - is a very subjective matter! In 2019, an art exhibition in Miami sold a piece of banana that is affixed on a wall using duct tape, for $120,000. For me it's a crap but for the buyer, it was an art installation. So it's super subjective.

Now if I talk about NFT, I don't think NFT market is mature enough to evaluate a piece of art. It's more of a hoax now and completely driven by hype. I want to share two examples,

Not found a buyer:
https://opensea.io/collection/money-apocalypse

Selling for millions:
https://opensea.io/collection/cryptopunks

The first example is a real piece of abstract art, at least for me but didn't find a buyer yet. The second example is a joke in the name of art which is selling for millions.

So what wikipedia editors have voted for, is actually correct. NFT market is driven by hype. It's not yet matured to be called as art market to be honest.

I have just reported to the moderator to move this thread to the gambling discussion as a general user doesn't have the authority to do so. So it will be done in due course of time.

There are many advantages in crypto gambling.
1. Usually KYC details aren't needed
2  doesn't affect your tax burden in case of big wins
3. Available for the global audience. Your location doesn't matter
4. Effectively bypasses the country specific gambling restrictions

That's why gambling market is one of the major businesses where cryptocurrency is actively used nowadays.

So true! People don't realize an opportunity when it knocks on their door. But leaps in when they see the return is breaking previous record.  That's called FOMO. We have seen similar trend back in late 2017 when bitcoin reached 22k. We had seen tremendous buying pressure at that price level which we had not seen below this level.

But I believe, these group of people are just investors who are here to make money and don't know anything about the blockchain technology or how bitcoin works. But they are missing a golden opportunity for now.

Ponzi schemes are structurally different than shitcoins. However, the shitcoins are on the rise it seems! The trend that was started by Shiba Inu, has now taken up by thousands of shitcoins which we see regularly flooding the market. That's not healthy for crypto market for long run.

And I see that pancakeswap is the only place where these shitcoins are traded. This is very alarming because that's the only platform where I can see only shitcoins are getting listed on a daily basis. This madness truly needs to stop.

Lol! I am glad that you now understand the difference between a watchlist and an actual exchange listing. The watchlist listing doesn't mean anything for Pi.

I have thousands of Pi token which I have mined from Mobile but just not willing to do a full kyc which Provably will be needed before you can get the coin in your own wallet.

Inflation is unavoidable in the mainstream economy. But there arr various ways to handle inflation. When I say "Handle", it means controlling the inflation within a reasonable range.

Increasing interest rate is indeed a great way to handle inflation. Howevee, FED is very reluctant to do so as it has last increased the interest rate is late 2018. So it's the need of the hour. This way additional money will be sucked by the banks from the hand of the people and people will control their spending which means less money will circulate in the open market which will control the inflation. Let's see if FED increases the rate now!

If a certain activity is illegal in a country, then offenders will be prosecuted. That's normal! If someday my government comes up with a law where they notify crypto trading as an illegal activity, then I will have to stop it immediately and sell off all my bitcoins within the exit period. Otherwise I will also be risking arrest because I will be committing a crime if I continue with it.

So it's not a news that Nepal police has arrested some individuals for a crime. The news here is that, Nepal is ignoring an important technology which is probably going to be the future of money. In that case, Nepal will not be able to benefit from it and will stay cut-off from the world. So it's a pathetic rule that Nepal Central Bank has imposed. Whoch might block the development of the country for decades and even centuries.

The legal status of bitcoin is still unknown in India. That's the reason why there is no investor education program available yet. Even though we have a number of crypto exchanges available, they are still unaware about their legal status and will move out of the country if government decides to ban bitcoin. Just like Zebpay did. But that's not the basic problem here.

Since there is no formal legislation available for crypto in India, crypto exchanges are advertising bitcoin as the greatest investment of the decade. They are completely ignoring the technical aspects of it and never trying to educate the customers. However, I believe a friendly regulatory framework will allow us to come out of this situation where crypto education will be made mandatory for each of the investors.

I still doubt India will go ahead with a blanket ban, but given the nature of the current government, it may also become a reality.

Unfortunately, I can't vote for more than one point, so I have skipped voting. For me, below parameters are most important parameters for an online casino,

1. Payout speed
2. Responsiveness to complaints
3. Security
4. Customer service
5. Engagement with Bitcointalk community

An my most favorite one,

** No KYC for whatsoever reason!