PayPal was more open about it. Hopefully after the grand success of Bitcoin adoption by PayPal, some of the major banks, as well as the online retailing giants may consider integrating Bitcoin to their platform. Anyway, now Bitcon has reached such a stage that it no longer need the support of these giants. It can survive on its own. The situation has been reversed. So in case banking giants want to venture in to innovative fields, then they can consider Bitcoin. Now they need Bitcoin more than BTC needs them.

He did a careful study and came up with that number. He do have the necessary qualifications for making such a prediction, unlike the case with people like McAfee (who predicted a price of $1 million per coin by 2020). The evidence is right before your eyes. PayPal has just started allowing BTC in their platform, and we have seen a huge jump in the number of users. The exchange rate has risen by 60% in just one month. Still think that it is too good to be true?

I don't think that all the 2.3 million coins belong to the users. The exchanges themselves store most of their assets and profits in the form of Bitcoin. Larger exchanges such as Binance and Huobi may be holding hundreds of thousands of coins on their own. My guess is that only around 1 million to 1.5 million coins may belong to the users.

Most of the ordinary users doesn't care about the restrictiveness of PayPal unless they are directly affected. It is the ease of use which matters to them. And this is exactly the reason why PayPal is witnessing such large volumes right now. Most of the critics still refuse to acknowledge the fact that it is quite difficult to purchase and hold Bitcoins on your own. The current bunch of cryptocurrency exchanges are not that user friendly. I know about this because when I started with cryptocurrency 4 years back, it was really difficult to purchase Bitcoins through exchanges, at least in my country (India).

But I don't think that PayPal will come up with their own cryptocurrency or exchange token. In a way, Bitcoins that are being stored in the PayPal platform are exchange tokens, as the users are not having access to the private keys.

All the countries are using paper currencies. There is not a single country out there, which has managed to phase out banknotes and coins. Some of the countries have attempted this (such as Sweden), but they were forced to remove the restrictions due to a number of issues. IMO, we are still two or three decades away from the era of digital currency.

Since the vaccines will be approved in a very short time, the question for the governments around the world would be to chose one among the many different options that are available. One of the disadvantages with the vaccine from Pfizer is that, it needs to be kept inside deep-freezers where temperature should be lower than -70 degree celsius. On the other hand the Moderna vaccine can be stored at refrigerator temperature for up to one month. The disadvantage with the vaccine from Moderna is that it is very costly. A single dose comes at around $37, which is around 10 times the price per dose for the Pfizer vaccine.

Normally I would ignore such price projections for Bitcoins, because in most cases they are made without any logic. But in this case, I read the article and it seems that Thomas Fitzpatrick has done his homework regarding Bitcoin. His reasoning is solid and he didn't produced a random number out of the air. He came up with that figure after a lot of research and careful study.

BTW, what can this mean? The MD of one of the largest banks being bullish about Bitcoin. Can we expect the banking giants to enter the cryptocurrency sector after PayPal?

I decided not to bet for this election. I thought that I would bet in favor of Biden, when he was the underdog (beginning of this year), but then his odds improved and Trump became the underdog. I was waiting for better odds and the odds got worse. So in the end, I thought it would be better not to place a bet. So what about others? Those who bet in favor of Biden have received their winning amount, or the gambling sites are still processing them?

And the fact is that they haven't even made Bitcoin available for all of their American users. The proper implementation will occur some time in 2021, after 6-7 months of testing. Right now they are going through the testing phase. If the volumes are this high during the testing phase, then you can imagine what will happen once they make cryptocurrency available to everyone (including the global users).

Cricket is popular in South Africa, but not very popular. For the white population, the most popular sport is rugby and for the blacks it is football and boxing. And the cricket board is not as rich as their counterparts in Australia or England. And that is the reason why the initial attempts to set up a franchise T20 league failed in South Africa. They managed to set up the MSL after a lot of effort, but most of the franchises are in loss.

LOL.. almost everyone seems to have forgotten about that innovation. It was introduced by the ICC sometime in 2005. But the implementation was done with too much haste, without proper planning. They should have first implemented it in the first class cricket and then studied the merits and demerits. In less than one year (2006), ICC was forced to remove the super sub rule. The most vocal criticism was that it gave advantage only to the team which wins the toss.

Yes.. this is something I fail to understand. All these restrictions are in place only for cricket. For example, Pakistani players are banned from IPL. But at the same time, Pakistani actors and singers are allowed in Bollywood. India is playing against Pakistan in other sports, such as football and hockey. I don't understand why for cricket there are different norms.

I agree with Royse777 here. If we set up pools for every single bilateral series, then it will lose relevance and eventually the sponsors would refuse to fund them. For now, let's limit them to major T20 leagues and the ICC events. As mentioned by Royse777, the number of matches that are played during the bilateral series are not large enough to allow the pool structure.   

Wow!!! You managed to end up either as the winner or as the runner up in all the pools that you had participated in. I guess the number of participants was not very large during the CWC 2019 and PSL 2020 pools. But managing to end up at the second position with the IPL 2020 pool, in which more then two dozen players participated was just incredible. Keep up the good performance..

PayPal has made it clear that they will allow withdrawals and payments using Bitcoin, once the testing phase is over. We can expect this by mid-2021. But it is true that they don't allow us to own the private keys. But that is the case with 99% of the cryptocurrency exchanges. If you are using any of these cryptocurrency exchanges, then I don't think that you should be having an issue with PayPal.

Obviously with the house advantage, the probability that the gambler may end up in profit is less than 50%. Some gamblers may end up with a percentage higher than 50%, but it is purely due to their luck. Or in some cases such incidents can happen, if the gambling site measures the odds incorrectly, or fails to adjust them with the incoming odds favoring a particular outcome.

Free market is the way to go and this trade deal is a very important step in that direction. Disappointed that my country (India) refused to join this trade group. The government here wants to help the local manufacturers, who are unable to compete with the foreign players. But in the end, the consumers lose out, as they have to content with low quality and overpriced products.

The only advice I can give to new users is not to exclusively rely on one website to set the transaction fee. If you are using the Blockchain.com wallet, then don't use the default fee that comes up while sending the coins. Go to the custom fee option, and set a fee yourself after checking the Mempool size and the number of transactions that are waiting to be confirmed.

During the last decade, socialist governments were replaced by centrist or center-right governments across the globe. This phenomena was most visible in Europe and the Americas. But now the situation is changing once again, and we have socialists coming back to power in a number of nations (including the United States). That would naturally mean that the era of low inflation is officially over.

Hmm.. OK. So they have been down for 3 years. Agreed with that. During these 3 years, have they managed to find a real-life usage for themselves? I would say that 99.9% of the altcoins doesn't have any real life usage, other than as speculative investment assets. There are a few exceptions such as USDT (for trading in place of USD), Monero (anonymous payments), Ethereum.etc But do you expect the alts to survive in the long term, if they don't have any real-life usage?