Coins with real life usage have increased their market share. Look at USDT (Tether). It is having an actual use, as in countries such as China traders are using it to exchange other coins to fiat. Tether is now the third largest cryptocurrency in terms of market cap. It's market cap increased from $4 billion to $18 billion during the last 12 months. And during the same period, the market cap of USDC increased from $214 million to $2.8 billion.

On the other hand, shitcoins have seen their market cap go down. XRP market cap is down by 10%. BSV shitcoin has seen its market cap plummet from $5.2 billion to $2.9 billion. The TRX shitcoin has lost one-third of its market capitalization during the last two months.

If I have to chose between Pollard and de Kock, then I would go for the former. Pollard is someone who is capable of single-handedly winning matches for his team. He can destroy the opposing team in a matter of one or two overs, by thrashing the bowlers all over the park. De Kock is a good player, but he doesn't have that ability to win matches on his own.

Can't put it any better than this. Four years ago, when I ventured in to cryptocurrency sector for the first time, I faced a lot of these issues. I wanted to purchase Bitcoin, but it was impossible to make a cash deposit in any of the cryptocurrency exchanges from India. It took me a couple of months to understand how P2P platforms work and I was finally able to purchase BTC using localbitcoins. But then storage was another major concern. A lot of users were complaining about their wallets getting hacked and initially I was quite nervous about the same happening to me as well.

Has anyone noticed the jump in crude oil prices after Biden won the elections? Brent crude was trading at $38 per barrel before the elections and now this has jumped to $43.50 per barrel. The industry expects Biden to crack down on US shale oil production and this is going to benefit the OPEC nations. Also, if this happens then US might be forced to import more crude oil from the middle-east. In the long-term, I expect the crude prices to rise to three digit levels. 

From what I have seen, many of these quota players give an impression that they are in it only in for the money. They don't have any love for the game. This can be seen from their attitude, while playing against top 3 sides. Anyway, there is no point in debating about this again and again, as the situation is unlikely to change in the near future. Both Zimbabwe and South Africa will fade away, while new teams such as Nepal and PNG will replace them in the next few decades.

Trump is trying to make things very difficult for Biden. Trump has two months remaining in his term. He is likely to impose a large number of sanctions on China, and Biden will find it difficult to retract them once he is in office. These sanctions are like double edged sword, but they have a greater impact on China. Trump has already accused Biden of being soft on China. And if Biden tries to remove the sanctions, then it can tarnish his reputation.

The rich are already paying around 40% of their income as tax, while the middle-class is paying somewhere between 12% and 22%. If we take in to account the long term capital gains tax, then those at the highest income tax bracket are paying 20%, while the middle-class pay 0%. Biden wants to increase these rates, which can result in capital flight. Just remember what happened in France, when François Hollande imposed the 75% tax on the rich.

If someone is indulging in gambling illegally, then he is very unlikely to consult a psychiatrist or a sociologist to discuss his addiction. Because he risks getting reported to the police. This is the problem when you have a regressive government which imposes useless bans on certain sectors. And India is not the only country where gambling is banned. It is the same story in most of the South Asian nations.

Espn-Cricinfo (Indian edition) has scant coverage of PSL. I guess Sithara007 is from India and that is why she is not noticing the updates on PSL. I am also using the Indian edition, and I would also confirm the same. And here in India, none of the Sports channels are covering PSL (DSports had the TV rights, but they were prohibited from showing PSL by the government). Yesterday I watched the Qalandars vs Zalmi match live on YouTube. But the quality was really bad.

Here in India, there is a lot of taboo related to gambling. First of all, it is banned here and if you are still indulging in gambling, then that means that you are breaking the law. And secondly, if you tell some of your friends and relatives that you have lost money in gambling, then they are more likely to blame you rather than provide any sort of help. And we don't know, whether this guy had approached any of his friends or relatives before his suicide.

Yes. There are plenty of places to buy Bitcoins. You can purchase from exchanges such as Binance/Huobi, peer-to-peer platforms such as Localbitcoins/Bisq or even from Bitcoin ATMs. But while these options may sound familiar for us, for the vast majority of the people out there, these options are complicated. They don't trust unregulated exchanges such as Binance. However, they would be ready to put their trust in PayPal, which is regulated and operating for more than two decades.

I have always opposed this shitcoin called Ripple. If you check my previous posts, you can see why I have opposed XRP. And you can check the performance of XRP so far this year. It's exchange rate has plummeted from 3300 Satoshi to around 1600 Satoshi. That means that those who invested in this shitcoin is now sitting on top of more than 50% loss.

You never know. The next IPL auction is scheduled in a few months. The franchises can retain only a maximum of 4 players. This can have a huge negative impact on franchises such as Delhi Capitals and Mumbai Indians. They will be forced to release some of their best players. Selecting 4 out of 7-8 key players can be cumbersome for the team management as well.

It will be foolish to shut down the economy now, when the pandemic is retreating. Most of the pharma companies have also announced that the vaccines will be available in the market from next month onwards. And also, from what we have seen lockdowns have only a limited impact in reducing the number of deaths from COVID 19. Countries which refused to impose any sort of lockdowns were the first to recover (examples are Pakistan and African nations).

The problem is that altcoins are different from Bitcoin and they can't be compared. Bitcoin, back in 2011 and 2012 was a heavily underpriced asset. As a result, those who invested in it made a lot of profit. On the other hand, nowadays most of the altcoins are heavily overpriced and they are kept afloat through a lot of price manipulation. I would not recommend long term hold with them.

I am grateful to Royse777, for organizing this pool and finding the sponsors. Almost 80% of the rewards came from sponsorship and only around 20% came from the joining fee. In most of the betting pools I have participated, the sponsor share was more like 5% to 25%. Also, the reward pool was well planned. Out of the two dozen or so who participated, 7 received rewards (including me). This is also a very high share.

During the last 4-5 years, millions of Venezuelans have migrated abroad. Now there is a large Venezuelan community in Florida (which was very vocal in its support for Donald Trump, in the recently concluded presidential elections). But then, getting the USD banknotes to Venezuela can be a tricky game. As per the official policy, all the remittance payments must be converted to the national currency, once they reach Venezuela.

Biden has proposed a huge increase in the welfare budget. So in order to fund this increase, he needs to find funds. Either he can raise the taxes, or he can borrow from various donor agencies. The second option doesn't look very attractive right now, because the federal debt is already at sky-high levels. Anymore increase in the federal debt level can cause a collapse of the economy.

Right now the poll is showing 88% of the votes for Ethereum and just 12% for BNB. A few years back, I would have believed it. But now, I would say that Ethereum is not in a good condition. The transaction fee is rising steadily and the Blockchain is unable to accommodate an increase in the number of users. On top of that, a lot of people are not happy with the implementation of ETH 2.0. On the other hand, Binance is still doing pretty good as an exchange.

I have to disagree. In most cases, the exchange rates of BTC and other cryptocurrencies increase when the economy is growing. And there are widespread fears that Biden will undo all the good work that Trump has done during the last 4 years, with a combination of additional lockdowns and higher taxes. He hasn't started his term yet, but I would be carefully watching each of his policy steps.