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2321  Bitcoin / Bitcoin Discussion / Re: Madeira and Prospera "adopting bitcoin" on: April 10, 2022, 11:48:46 PM
Making it crypto friendly will attract more investors, but how far the framework is being developed. If it consists of a large number of restrictions, then this won't be more attractive. Companies always wants the easiest access as well as the support from the government. Every form of investment/business is risk involved. Every business investor will look for the settlement of recovery funds. If someone have invested and hasn't made the expected profit, the business will leave the country. By the time the investor should be settled within few months. Policies need to be made in such a way.
2322  Economy / Trading Discussion / Re: Can I trade cryptocurrency with FX trading knowledge? on: April 10, 2022, 11:34:04 PM
Every form of trade have the same basics. So, it is possible to get involved into trading with the knowledge acquired out of forex. You should also keep learning about cryptocurrencies, because it is something completely different from the forex market in terms of the market variations. One of my friend who is stock market investor got into cryptocurrency trading. He found it difficult to predict the market, slowly he started to learn and now he's good with it. So, it takes time to make better position in cryptocurrency trading.
2323  Economy / Gambling discussion / Re: 🔥 BTC365.com 🔥 IPL Prediction Pool 2022 & Discussion(Participants Only) on: April 10, 2022, 11:10:03 PM
~
I don't think CSK and MI will win this season or even reach the playoffs which I feel is a good thing since I want to see a new winner this time around.
With the terrible start Chennai Super Kings and Mumbai Indians had it would be a surprise if they reach the final four. The surprise of the season was the two new teams, Gujarat Titans as they picked really good players and are a balanced team and Lucknow Super Giants and are playing brilliantly.

Even in today's match Lucknow Super Giants needs 69 runs in 30 balls and i am not sure about their strategy as they are holding back Marcus Stoinis and promoting sloggers .

Edit: The strategy of holding Marcus Stoinis failed, they should have sent them earlier.
Lucknow was to win the match. Somehow Rajasthan Royals made it add points. The strategy failed just because Jason Holder wasn't able to give the right contribution. He was sent at that position to lower the run rate, but he wasn't able to perform and scored just 8 runs out of 14 balls. We can say this made it difficult at the end of the match.

In the past after losing four matches Chennai have reached the top 4 team list, but it was during the year 2010. Even that time it didn't loss in a series, but this time it has turned to be very narrow to reach the top list.
2324  Economy / Speculation / Re: BITCOIN will rise on: April 10, 2022, 10:35:58 PM
This could've served to be a start for new bullish move, but there is also accumulation of big volumes by the whales. With specific time period the market of bitcoin bounced crossing major resistance barriers. It looks like the market is experiencing series of change. This change is expected to make positive impact on the market, but nothing big have changed.

Market prediction is common, everyone come forward with the moving trend, but the reality coincide with very few people's prediction. Even now it has formed the bullish expanding pattern, but there is no big move in the price.
2325  Economy / Speculation / Re: A Little Surprised! on: April 09, 2022, 11:57:04 PM
In the past bitcoin served as an independent market. Now scenario have changed and it has dependence over the world market. Right now more incidents were happening around the globe relative to the war and the covid-19. Often we get to know about new variants of covid-19 which is also a cause. We've got more positive news associated with bitcoin, on the other side there is war, rise of oil, political sanctions and more.

Apart from these dependence what we see with the price move of bitcoin is quite normal. As we're with some expectations of price reaching $50k and it wasn't able to make it even when the bitcoin conference with more positive news is the reason for the surprise.
2326  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I am big fan of SHIBA on: April 09, 2022, 10:55:28 PM
One user have said, all users who were able to invest before getting listed on Binance were lucky. Though it is a memecoin it has been gaining importance in different ways. In recent days it has been gaining acceptance on different stores. The latest being the Dubai based cafe Bake N More accepting Shiba Inu addition to bitcoin, ethereum through Mixin network. Though it is a memecoin there is good level of acceptance. Also there is regular updation of the platform says the developer Shytoshi Kusama. We can expect growth, but we can't make precise prediction on the price to be reached. There is continued token burning to keep the market progress. 1.3 billion tokens burned in the last 24hr, but there is no big change in the price.
2327  Economy / Gambling / Re: Another New Rule On Gambling Adverts Ban Celebrities and Sports Stars on: April 09, 2022, 10:01:34 PM
It is a much needed one, and I was expecting similar thing in my country. I want the celebrities to take responsibility if a teenager gets into addiction. Myself too an addicted gambler, but my mind fears that for money celebrities just promoting and never mind the common people. The anger increased on watching IPL. You can see more than ten sites being promoted during a match. In specific everything is promoted by the players. Most probably the platforms were associated with rummy. Next thing the ad runs for 15 sec and within that some roaring happens at the end. This has got risk and it could lead to money loss and addiction. Just this roaring isn't enough. Same as promoting the platform they also have the responsibility to give perfect visual content about the risks and the after effects of being unsuccessful.
2328  Bitcoin / Bitcoin Discussion / Re: My Bitcoin Charity Work on: April 09, 2022, 09:37:38 PM
With the growth of bitcoin more people are interested with learning about bitcoin and other cryptocurrencies. What he have done to the community is really appreciable. Teaching youth about bitcoin is a must, and when it comes to urban region people gets more opportunity. In rural regions our help is much needed and our member is doing it good.

I've taught few people, and that was in the past when the price isn't that high. They didn't show much interest, maybe now if they see the market they'll realise their fault.
2329  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 08, 2022, 06:05:31 PM
GT Has started really well. They already have 31 runs in only 3  overs.
That target is really big though, 190 is a huge total to achieve in T20 cricket but it really seems achievable if they keep playing like this.
Shubman Gill has scored 24 runs in 12 balls, he really seems to be aggressive in these innings early on. I think they are trying to take advantage of the power play overs.
So that the actual target becomes easier in the later stage.  Smiley
GT are in very much position to win current match. Shubman Gill who is seen only in Test and ODIs is playing T20 innings of his life, he is not out on 90 runs. Gujarat Titans need 54 runs in 25 balls. Cant say PBKS is totally out from the match. Hardik Pandya has just checked in and GT need some big shots from him at the moment.

Shubman Gill will do today's hundred. He has been playing very well since the beginning of the innings. The target is large enough. And he is performing responsibly. Gujarat lost only two wickets. However, they have made the match quite difficult to win. They need 32 runs to win from 12 balls. Although Gill and Pandya are both very experienced batsmen in the crease, collecting 32 runs from 12 balls is not an easy task. Let's see if Gujarat can win today.
Shubman Gill wasn't able to make the 100, but the team winning have happened out of the last two ball six from Rahul Tewatia. It was a win for Delhi Capitals, and things changed in no time. Anyhow this season is dominated by the new teams. The teams were performing big, and the big run chase is getting to be very common for them.
2330  Economy / Speculation / Re: How come BTC is not at least $75,000 yet? on: April 07, 2022, 10:50:01 PM
Let's not forget that bitcoin will increase its value also because the dollar (and fiat in general) will keep losing value because of inflation. So it will be easier to see new ATH but at the same time will be able to purchase less. But until when we don't change bitcoin for fiat is not actually a problem, at the end 1 BTC = 1 BTC Grin

Inflation will lead us to $75k faster than you could imagine. It's not a matter of "IF" Bitcoin will reach $75k, but rather "WHEN" it'll reach such a high price on the market. Experts predict Bitcoin will be worth more than that in the future due to the ever-increasing demand and limited availability in the cryptocurrency's supply. If I were you, I'd buy BTC while it's below $75k. Accumulating as much BTC as you can before the "pump" occurs, may be the wisest decision to make.

Ultimately, it's not about the price but rather Bitcoin's usefulness. As long as it works as intended, nothing else matters. Just my opinion Smiley
We'll definitely see Bitcoin climb up to $75k price or even higher but there's a perfect time for this and we cant certainly predict when it will going to happen, it might take months or few years. Thus we need to be patient if we truly believe Bitcoin can go higher and soon will recognize by more people as an alternative to fiat. If this happened then we can expect the price to soar high because of the demand. You're right, lets just take advantage the price and buy while its not so expensive. We dont know what lies ahead but its better do it now if we dont want to have a regrets later for not accumulating.
There is increasing demand for bitcoin in all means. Starting from the days of covid-19 the participation of common people into cryptomarket have increased drastically. This has happened as a result of people staying within the home looking for opportunities to make additional money to tackle the situation during which a lot of job loss took place. With time the adoption rate has increased and every factor indicate and assure the increase in the price. However we can't make a strong prediction on the timeline by which the price will reach the mentioned price.
2331  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 07, 2022, 10:23:35 PM
Though total run was not high but it was not easy win for Lucknow. After 18 overs, I thought that Delhi would win the match. Mustafizur Rahman was excellent in this first 3 overs but at the end of the match, he didn't ball well. Besides, batsman of Delhi didn't perform well except Prithvi Shaw.
The run wasn't high, and from my view this was an easy win. It looked like Lucknow delayed the win avoiding unwanted wicket loss. As the run rate doesn't differ much they're on the comfortable position to win the match. At the end overs with more wickets in hand we can't blame the bowlers. Anyhow new teams are topping the table whereas the more valued franchises were struggling to win.
2332  Economy / Speculation / Re: If Russia goes full Bitcoin adoption on: April 07, 2022, 09:50:16 PM
In my opinion it is very stupid to use bitcoin as a reserve currency. Because any collapse could reduce the value of the government's assets by several times. Bitcoin is very volatile and it is not suitable as a safe store of money. Another thing is if you are a private investor, you can easily invest in bitcoin. But for the state, such actions are negative. It is better for the government to have a stabilisation fund in national currency.
Adopting bitcoin doesn't mean it will now be their reserve currency. Bitcoin doesn't collapse totally but there's always a chance that it will recover but if bitcoin can collapse then what about the national currency? it can be devalued and there is no way that it can recover.
Every country have gold as the reserve. Some countries add good volume of bitcoin to the reserve, so to overcome the unexpected needs. Probably if Russia had got good reserve of bitcoin, it could've been useful for them in this situation.
It's normal for a government to invest in different assets like stocks and others. Lately it is reported that governments are now considering bitcoin as one of their investments. They did that because they also know that their own currency or reserve assets can't stay like that forever. I think Russia have done the move last time? it's a good news for all not only for them.
Beyond gold governments used to invest on different things. Also very few countries have disclosed that they hold bitcoin as reserve and for investment. If I'm not wrong, there is a large number of countries that have invested on bitcoin and haven't disclosed to the world.
2333  Economy / Gambling discussion / Re: 🔥 BTC365.com 🔥 IPL Prediction Pool 2022 & Discussion(Participants Only) on: April 06, 2022, 06:15:07 PM
Myself picked Kolkata Knight Riders to win the match in an easy manner. Finally with the massive performance of of Cummins the match ended very shortly by the 16th over with 24 balls left and 4 wickets remaining. However the match was mentioned a comfortable win for Kolkata Knight Riders, but in some calculation it is an easy win in my opinion.
2334  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: April 05, 2022, 11:59:29 PM
There are more statements mentioning the low direct usage of bitcoin by the people of El Salvador. Same time there is big progress in the recovery of different sectors once after the adoption of bitcoin. Morena Valdez, the tourism minister of El Salvador, has brought out information about the recovery of the tourism sector in the country.

Quote
According to the World Tourism Organization, we have an 81% recovery by 2022. They had calculated that 2024 would be year zero.

The minister attributes this recovery to three factors.
  • Handling of the Covid-19 pandemic in the country
  • Investments that derive from the interest the country and its economic movements have awakened in foreign markets.
  • The utilization of bitcoin and the interest it is bringing to the country
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector
2335  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin - a joke or a way to make money? on: April 05, 2022, 11:39:33 PM
Dogecoin have done Alot of pumping Price actions in the past. Although the whale behind the sudden pumping of Doge is Elon Musk. Although the co-owner of Dogecoin is  Billy Markus, around 2013, he created Dogecoin as a joke to the crypto market. But look at it right now, the memecoin and also shitcoins in the past is now one of the major coin any trader would wish to have in the future. Some have started bagging it from now for long term purpose. Dogecoin have a very bright future because high standards restaurants like MacDonald's will work on accepting Dogecoin as mode of payment only if Elon Musk accept Grimacoin as mode of payment for Tesla. Although the information have been discreet since, perhaps Dogecoin have made a 10% pumping rate since today.
Dogecoin is one of the oldest cryptocurrency that have survived more than 10 years. During the same time period more cryptocurrencies have come to usage and have got out of the market. It may be created as a joke or a memecoin, but it had got some usage which kept it alive. Recently Elon Musk made use of it, and nowadays more services accepting dogecoin is a real growth. People who haven't thought of bagging doge have now begun to accumulate dogecoin, because someday it'll profit.
2336  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba inu on: April 05, 2022, 07:05:01 PM
The media are doing their job, it's not doubtful, but you can't deny the fact that SHIB is currently a very liquid asset, you can sell your entire bag of several billion tokens if the price suits you, there is no problem with that now. Smiley
Along with liquidity it is also getting importance among the investors who once blamed its growth a hype of memecoin. During the initial days this is what happened and slowly it has grown. It had good community support which is the true driving force of the Shiba. Very few cryptocurrencies that are on the top order have the real-time usage similar to fiat. In recent months more service providers have begun to accept Shiba as payment which too makes it a credible investment than its previous image of being a memecoin.
2337  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 05, 2022, 06:11:00 PM
Royal Challengers Bangalore is once again struggling as they lost two quick wickets, Virat Kohli run out by a beauty by Sanju Samson and then Yuzvendra Chahal bowled a beauty to David Willey . I picked RCB to win the match and it looks like it is going to be a hard chase.

RCB lost 5 wickets and collected only 87 runs. I was very upset to see them batting. RCB lost the first wicket by 55 runs and they lost 4 wickets out of 62 runs. They can't expect to win by batting so irregularly. We expect more responsible performance from a player like Kohli.
However, RCB needed 83 off 44 balls to win. As they have already lost 5 wickets, it is almost impossible for Bangalore to win this match now.
Dinesh Karthik and Shabaz played well according to the situation and made RCB win the match by 4 wickets. The opening was good, but in between unwanted wicket fall narrowed the winning  chance. Finally the partnership between Dinesh Karthik and Shabaz lowered the required run rate which went above 12 runs per over.

In the Australia vs Pakistan match, Australia is quite strong with 109 runs losing 3 wickets with 9 overs left to reach the target.
2338  Bitcoin / Bitcoin Discussion / Re: 30% tax on crypto income in INDIA on: April 05, 2022, 05:42:46 PM
This is not really good news for India, I think people will refrain from investing in it for huge taxes. This could hinder the progress of cryptocurrency. Even then, a Member of Parliament from India has been thinking positively about it. He has already spoken about it in Parliament. "Government doesn't understand Crypto hence the strictly regulations": Priyanka Chaturvedi
This is going to impact only the Indian cryptocurrency market that, with all due respect, it's not very important. We survived the actual ban from China, not for bitcoin only but for mining as well, having or not having India won't change things, I just feel sorry for the Indian people.
In India there is more corruption and black money accumulation. The accumulated black money were much on the Switzerland banks as they don't reveal identity of the people. In specific most of the funds were of the politicians. Now the government fear that those accumulated black money might enter the country in the form of cryptocurrency. The government believe that high taxation will make people stop using bitcoin, but the hard reality is different.
2339  Bitcoin / Bitcoin Discussion / Re: Microstrategy rug us again? on: April 05, 2022, 03:33:46 PM
If it only happened once then it might have been a coincidence.
It's not a coincidence but either someway people think it’s bad or manipulation. Each time they announce of buying BTC, price goes down a bit usually. It should be up but going down. I don’t know why but people may think of it as bad because of someone getting more influence in the market. Maybe people are evaluating in that way lol.
The market drop isn't that big. It looks like the regular fluctuation in the market. People coincide the regular market movement along with the buying of more bitcoin by MicroStrategy. If this has made some disturbance in the market same as Elon Musk made, then we can connect the market drop along with the buying. People always think in such a way that massive holdings will drive the market and the same is happening now.
2340  Bitcoin / Bitcoin Discussion / Re: Crypto Scams now the second largest in the world on: April 05, 2022, 07:04:27 AM
Very few crypto projects are that clear that you can invest without risk. Most of them have some sort of word-jugglery in order to fool investors into putting in more money than they can afford.

In reality, the IPO/fiat market is way more regulated and safer compared to crypto ICOs. But then scams will be everywhere you try to look.

Truely, projects that say they can multiply money in short period of time are scam but newbies like to believe in them.
The scammers around the market keeps increasing with time as a result of increased demand for cryptocurrency investment. When people think of making easy money, they easily get trapped. This isn't with cryptocurrency, the same happens with other markets too. Mostly in the name of MLM most of the scams were organised. Traditional IPO is way more regulated which keeps them at lower risk against crypto projects.

Newbies were introduced to cryptocurrency as a way to make money in a very short time period. This shouldn't be done. One need to be introduced to cryptocurrency with the description of its risks. This is why most of the newbies gets landed on multiplier project scams and never find cryptocurrency market trusted.
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