I have 9 plus years of experience in investing with Bitcoin and I guess that is enough to provide a few bits if advice. Bitcoin is not a mainstream investment asset like equity, bullion or real estate. And unlike the case with equity or treasury bond, you don't need the help from anyone to invest in Bitcoin, or to store your assets. Now this may be one of the reason why the Wall Street is not very happy about Bitcoin.

Now coming to the wallet hacks, unfortunately it is very common these days. But in 99.9% of the cases, the users are to be blamed for not taking basic precautions such as 2FA. If you have 2FA, then there is a very remote chance that your wallet will get hacked.

It never works. There are thousands of small-sized cryptocurrency exchanges around and CSW can easily purchase a few dozen of them and keep his BSV shitcon floating. BSV is already banned from most of the large-scale and medium-scale exchanges, after CSW did some drama in mid-2019. But back then, then entire episode proved to be beneficial for him. When the exchanges delisted BSV, the prices crashed and CSW accumulated as many coins as he could. After that (within 1-2 months) there was a massive pump, triggered by him. According to reliable sources, he sold a large number of coins at that point and earned a large profit. We should be careful not to give any such opportunity to him this time around.

I don't know why everyone is so obsessed with the drop from $42K to $32K, while hardly anyone here mentions that before this happened there was a rally from $10,000 to $42,000. With any asset, be it cryptocurrency, equity or bullion, if there is a rally which cause an increase in the price by 3x or 4x, we can expect a correction to follow. What is happening now is the expected correction. Once the prices stabilize, the next rally will start.

It seems as if the bug has been removed. I tried purchasing Amazon coupons from the product page and the price I saw before the last step was the same as that was displayed earlier. And regarding the type of gift cards, I faced this issue only with Amazon. Because during this month I didn't purchased any other gift card. But I remember that I just tested with another brand and I saw a price increase there as well. Anyway, now it looks as if the issue is resolved.

If you ask me, then my answer is NO.

My association with cryptocurrency is almost 9 years old. And during this entire period, I have never used USDT, PAXUSD, USDC or any other stablecoin. I have my account with at least a dozen exchanges, however I mostly use them to convert one cryptocurrency to the other. On a few occasions, I sold my crypto for fiat cash, and on such occasions I kept the fiat cash as such rather than converting to stablecoin.

Unlike the case with equities or mutual funds, the Bitcoin exchange rates are almost purely dependent on the supply-demand situation. If the supply and demand are in some sort of equilibrium, then the prices will remain stable. When the supply gets squeezed, the prices will go up and the rally will stop only when the demand from buyers will go below the level of that from the sellers.

Look at the markets now. The prices have now stabilized, because most of those who were planning to purchase BTC have already done so. Now the pressure is on sellers, as they have become the more numerous group.

Now after the social media platforms and Google, it is the turn of bankers to go after Trump? Why can't these people simply mind their own business and stay away from politics? If they want to enter politics, then let them do that legally. No one bars them from making a donation to any political party, or to put up a candidate in the elections. But closing down bank accounts, just because of political difference is outright silly. People in general doesn't have a good opinion about the bankers. it will be better for them not to exacerbate the hatred. 

I have seen a lot of people make this claim here in Bitcointalk and it's not accurate.

Ricardo Salinas Pliego didn't put 10% of his wealth in Bitcoin. He is worth around $13 billion and that would have meant an investment of $1.3 billion (at that time it would have accounted for 100,000 BTC).

What he said is that around 10% of his liquid assets are in Bitcoin. And there is a huge difference between total assets and liquid assets. For most of the billionaires, liquid assets represents 1% or less than that of their portfolio. Unfortunately fake news factories such as Coin Telegraph twisted the news and presented it as Mr.Pliego having 10% of his total wealth in the form of BTC.

Is the proposed Keystone pipeline the first oil pipeline that would run through the mainland United States? If that was the case, then I would have supported your views. There are a total of 4 million km of oil/gas pipelines in the United States. What makes this pipeline any different from any of them? Well.. the only difference is that if the pipeline is commissioned, then it may cause a drop in the crude oil prices and that will have a negative impact on countries such as Saudi Arabia and Russia. Biden will do his best to keep oil prices above $100 per barrel level. The next step will be a blanket ban on shale oil.

The tax system for lottery winnings in the United States is just ridiculous. Lottery winnings are tax free in countries such as Australia and the European Union, because the lottery ticket sales are already taxed once. If they deduct taxes from the lottery winning as well, then it will amount to double taxation. But this logic is not applicable in the United States. They will tax both the lottery ticket sales and the winning amount.

And this is how it works:

Jackpot amount: $1 billion
Lump Sum amount: $739.6 million
Cash in hand, after federal income tax: $465.98 million
Cash in hand, after state income tax: $394.834 million for New York

So the jackpot winner is going to receive less than 40% of the claimed amount in his bank account after all the deductions.

So it was Cointelegraph, which spread the fake news? If that was the case, then I am not surprised. They have a habit of dishing out fake news. But their fake news and clickbait articles were largely ignored by the community, as they had such a terrible reputation. So what changed now? Why so many people took them seriously this time around? Anyway, such corrections are good for the cryptocurrency market. It will make sure that the noobs sell their BTC and make their exit. We don't need them here.

My problem with the KYC process is not about paying taxes. I want to protect my anonymity. And I don't want the government authorities to target me, since they know that I am a cryptocurrency user. Yellen has already stated that she would like to see Bitcoin banned by the government. At this time, no cryptocurrency user should be stupid enough to undergo the KYC process, so that the exchanges can provide your personal details to the government.

Here are the latest stats, as of 24th January 2021.

Total market cap: $959,141,293,250 (-4.42%)

Bitcoin: $607,130,858,346 (63.299%)
Bitcoin forks: $11,761,804,293 (1.226%)
Stablecoins: $34,100,598,007 (3.555%)
Altcoins: $302,462,641,325 (31.535%)
WBTC: $3,685,391,279 (0.384%)

This is the change compared to my last post:

Bitcoin: -5.959%
Bitcoin forks: -0.104%
Stablecoins: +0.355%
Altcoins: +5.755%
WBTC: -0.047%

Even during the campaigning, Biden faced a lot of issued related to his health. Trump was campaigning almost non-stop and was attending 4-5 rallies per day, while Biden could manage an average of only one campaign rally per day. And unlike Trump, Biden hasn't released his medical records. So we don't know whether he is suffering from any serious ailments or not.

There are a lot of factors, and influence from Dravid and NCA was definitely one of the most important ingredients. All this once again confirms that the player pool for India is very deep and rich in quality. And India has managed to achieve this, despite the poor quality of their domestic cricket structure. And it looks like IPL has become the most important avenue for the younger Indian players, rather than Ranji Trophy.

Well... the problem is that we always hear about the winners. But hardly ever anyone mentions about the losers. During one of my visits to India, I came to know the story of one middle-aged individual who committed suicide a few days back. His wife was saying that he used to purchase lottery tickets every day (without a break) for 25+ years. Used to spend around 40%-50% of his earnings for the purchase of tickets. He kept the faith, but luck always evaded him. Eventually he was neck-deep in debt and was forced to commit suicide. Now all that remains is a bag full of expired lottery tickets, numbering in tens of thousands.

I joined this forum almost 9 years back in 2012 and have been participating in various signature campaigns ever since 2013. My first campaign was the PrimeDice signature campaign, which used to pay BTC2.40 per month (with the current exchange rates, that would be around $84,000 per month). Now I am not sure about how much of that amount I used for gambling. My guess is that it will be somewhere around 5% to 10%. I don't even remember how much I earned from various signature campaigns till now.. so it is really hard to make the calculations.

Gold prices are not rising only because a lot of people are selling their gold holdings (especially in countries such as India). The COVID 19 pandemic has left a lot of people in difficult financial situation, and many of them are forced to sell their gold coins and jewelry. However, this hasn't caused a crash in the gold prices, because the demand is equally strong. In fact I would even say that gold would be witnessing a rally similar to what we have with Bitcoin, if the pandemic was not there.

In 99% of the cases, simply enabling 2FA may help to prevent hacking attempts. But then if your computer is compromised (with keylogger or trojans), then even 2FA will be of limited use. In order to add an extra layer of security, you need to make sure that the email address and phone number that you are using for 2FA remains hidden from the public view. It will be better not to use this email id for any other purpose.

Rahul Tewatia batted at lower order and he didn't got much opportunities to prove his batting capabilities. But whenever he got a chance, he made the most use out of it. But IPL 2020 was extremely disappointing for the Rajasthan Royals, as they finished rock bottom of the points table. Even the CSK managed to finish ahead of them despite the horrible start they had.