7th December 2020: Total market cap: $572,207,897,072 ( +11.33%) Bitcoin: $358,016,677,805 (62.568%) Bitcoin forks: $9,074,436,764 (1.586%) Stablecoins: $24,295,123,672 (4.079%) Altcoins: $180,821,658,831 (31.768%) This is the change compared to my last post: Bitcoin: -0.044% Bitcoin forks: -0.113% Stablecoins: -0.282% Altcoins: +0.439%As of 26th November 2020:
Total market cap: $513,959,058,731 (+12.53%)
Bitcoin: $321,798,016,048 (62.612%) Bitcoin forks: $8,732,802,837 (1.699%) Stablecoins: $23,269,931,501 (4.361%) Altcoins: $160,158,308,345 (31.329%)
This is the change compared to my last post:
Bitcoin: -2.404% Bitcoin forks: +0.013% Stablecoins: -0.285% Altcoins: +2.677%
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I cant find any normal university in this list, adoption in universities is still yet to come
Acceptability is still very limited. A handful of universities are accepting payments in Bitcoin, but that is mostly for ideological purposes. Don't expect global acceptability for Bitcoin at least for the next 5 years. For now, you can make the payments after converting your coins to fiat using any cryptocurrency exchange or peer-to-peer platform.
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Nonetheless, the ever-declining Venezuelan economy may be good news for foreigners. Outsiders might become rich in Venezuela with US Dollars or any other valuable currency like the Euro or Sterling Pound. As far as average citizens are concerned, I believe they'll have a hard time trying to survive in the country with a hyperinflated economy. Unless someone does something to save the nation, everything will go down the drain in a blink of an eye. Just my opinion They have parliamentary elections scheduled for today, which the ruling party is expected to win. The opposition politicians including Juan Guaidó are boycotting the election and this means that Maduro and his allies may get an overwhelming majority. Now this also means that the US embargoes are there to stay and the Venezuelans will continue to suffer from hyperinflation.
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30% is too big. the reason why investors are going to crypto is because of hope that they get rich with it but now this 30% is like a punishment for investing in crypto. couldn't they just banned this instead but i think 30% is just a proposal, there could be changes to it. is OP is encouraging tax evasion? DEX will help as long as you are not going to cash out going to your local bank. No. 30% is not that big. Most of the other countries do have tax slabs which are far higher. For example, the topmost tax slab in the United States is 39.6%. Most of the European countries have tax rates which are much higher than this. So I would say that if the Indian government regulates Bitcoin and makes the gains taxable at this rate, then it is fair towards the cryptocurrency users.
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It's okay to spend your Bitcoin towards the things that you need to buy as long as the price of it is bigger than the transaction fee to save your Bitcoin, because if you'll buy a $1 slice of pizza having a $2-$3 transaction fee, then your Bitcoin will vanish in no time. However, this is a good news and we're hoping that we're going to achieve the cashless society soon while we are marching to the future technology that's greater than what we have right now.
Well.. there may be people out there who don't mind the $2-$3 transaction fee (especially if the bill is around $25, which is normal for a group of 3-4 individuals). But the delay in getting confirmation is another issue. Are they going to wait for 20-30 minutes to get the confirmation? Obviously the shop can accept the payments even without confirmation, but then it is going to be risky.
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~ The salary of a domestic player in India is not that high. It is much lower than what the English players receive from county cricket. So lack of tournaments can push the domestic players to the edge.
I have read in a thread here that the domestic players are earning around $500 per day or something like that in India and these players need to play the match to earn their living as they will not be having any other source of income and i hope that all the domestic sports starts inside a bubble rather than pushing the athlete to leave the sport and do something else to earn a living. For a four-day domestic match, the players receive around ₹140,000 ($1900) as the match fee. For T20 and ODI matches, it is around one-fourth of this amount. In a normal domestic season, a regular player can expect to earn around ₹2,000,000 ($27,000), which is not a bad amount in India. But the problem is that in Indian domestic cricket there is no contract system. So the players will be unpaid, if there are no tournaments being conducted.
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For promotional purposes, this is good. But still I am not witnessing any genuine increase in adoption during the last few years. Usage of Bitcoin, for making payments have gone down. Even those online retailers who used to accept it earlier are no longer doing so (Steem and Stripe are examples). Hopefully, the recent PayPal integration may reverse the situation and make Bitcoin more acceptable globally.
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I never liked Saini's bowling from the beginning, but many posters here appreciated his bowling. I feel there are better alternatives out there.
The advantage for Navdeep Saini and Mohammed Siraj is that both of them play for RCB, which happens to be Virat Kohli's IPL franchise. Earlier there was a "CSK quota" in the Indian team, through which Mahendra Singh Dhoni got players such as Kedar Jadhav selected for the Indian team. Now this CSK quota has been replaced with the RCB quota. I am not saying that Saini and Siraj are bad players. But it is a fact that more deserving (or even equally deserving) players get overlooked in their favor.
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I wonder why the UK and USA are restricted to using the casino's site. But they can still access the websites by using the proxy/VPN. Here's in my country most casino websites are banned. Our government is against the casino due to some reason, but I still can bet on a different website. I don't see its a big problem it can easily be solved with some tricks In case online gambling is banned in your country, then you should be very careful while placing your bets. It may be possible for you to deposit funds, and to play casino games. But when you try to withdraw the winning amount, there is a good chance that the casino would reject your request, citing the ban on online gambling in your country. Not all the gambling sites follow this method, but there are some who are infamous for creating issues like this.
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Obviously if he is going to concede that easily, then he would never raise such a huge amount for the post-election legal battle. IMO, even Trump knows that he is not going to get the election results overturned. These can be seen as pressure tactics, to discredit the victory by Biden. A large section of Trump supporters, and foreign leaders like Jair Bolsonaro think that the elections were stolen.
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Lewis hamilton has been on that top list but denied the award every year and I guess this is his year. There are very few of other sports that went on this year and hamilton had been number one for a long time and after wining the Bahrain Grand Prix and missing some due to coronavirus, he would also have some sympathy. It would solid if he came to win another grand prix after covid and before the sports personality is decided.
The odds are very much in his favor, and the other players are far behind. It is unfortunate that he tested positive for COVID 19, which probably means that he needs to pull out of the Abu Dhabi GP. Anyway congratulations for winning the Bahrain Grand Prix last week. Apart from Hamilton, Ronnie OSullivan and Jordan Henderson are also in the race, but their odds are not that favorable.
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If you are looking for normal situation, it might take years and until that time you cannot halt everything. If a cricket board or any sporting board has the finance to conduct the test and resume the games under a bubble they can resume that rather than holding back the matches and the careers as these players depend on matches to earn their living.
Economic activity has restarted around the world. Now medics are more informed about the COVID 19 pandemic, and it is easier to set up bio-secure bubbles. Even the BCCI was planning to conduct the IPL 2020 in India, before they decided to move it to the UAE (for saving tax). The salary of a domestic player in India is not that high. It is much lower than what the English players receive from county cricket. So lack of tournaments can push the domestic players to the edge.
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If the source is true then Indian investors have to find an alternative or just switch to DEX as Indian government might impose tax of 30% on gaina from Bitcoin investment. I don't think this will work and even if there is a tax bracket it should be much lesser because Bitcoin and crypto are not like any other business as people might end up losing their capital in crypto investment. I think government shouldn't be rushing to tax on crypto without understanding the concept of crypto as taxing on gains would be like a planned extortion.
There are a lot of rumors and FUD related to the situation of Bitcoin in India. And everytime, these rumors were proved to be false. That said, I won't be much surprised if the government imposes a 30% tax on gains from Bitcoin. The highest tax bracket is 30% and gain from investment in unrecognized assets such as Bitcoin may fall within that slab. But you should not complain too much. In some of the other countries, the tax rate is much higher than this.
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Mohun Bagan and East Bengal are of course the most consistent team for League. Sunil Chhetri alone can't save Bengaluru FC. I would have loved him playing with Mohun Bagan, again. This year's league is going to be dominated by foreign players more than ever. With almost no local players making it to the limelight.
Once in a decade or so, India produces some world class player. They had Bhaichung Bhutia during the 90s, and then Sunil Chhetri during the last decade. Unfortunately, Sunil Chhetri is already 36 years old and India can't find a suitable replacement for him. There are a bunch of promising players out there, such as Udanta Singh, Anirudh Thapa, Jerry Lalrinzuala and Lallianzuala Chhangte. But these players are miles behind Bhutia/Chhetri as far as skillset is concerned.
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ATK Mohun Bagan is leading the points table, with 3 wins from 3 matches (9 points). On the other hand, the second team from Kolkata (East Bengal) is languishing at the bottom with zero points from three matches. Mumbai City FC and ATK Mohun Bagan are miles ahead of the other teams. Bengaluru FC has been a disappointment so far, winning just one out of their three matches.
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Yes Lockdown has completely paralyzed the human economy, business and human life. In almost all countries, it has become very difficult to go back to the way it was. Due to low import-export, employees are not able to pay their salaries properly and there are many more companies that have closed down due to this lockdown. Again, many people in the world have lost their jobs due to this lockdown. We hope to get rid of this epidemic coronavirus very soon. Lift the lockdown from all countries and make our economy, business and human employment as fast as ever.
I am actually perplexed. If the lockdowns had such a negative impact on the economy, how the stock markets are doing better than the pre-pandemic levels? In my country the stock index is currently at 15% higher than than the level we had in 2020 March. Ideally, the stock market should reflect the economic situation, right? Also, many of the experts were predicting a major stock market crash 6-7 months ago.
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Lewis Hamilton remains the favorite now. Meanwhile, Tyson Fury has rejected his nomination for the award, saying that he doesn't wish to be in the short list. He requested BBC to take him off the list (which was rejected by the broadcaster). BTW, the voting has also opened for the BBC World Sport Star 2020 award, with Lebron James and Armand Duplantis being the favorites.
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One reason why the institutional investors are reluctant to invest in Bitcoin is because of its volatility. But if it can be proven that the returns from investing in Bitcoin can be much greater than investing in other mainstream assets, then the institutional investors may consider cryptocurrency. Who doesn't want to invest in an asset, which could potentially give you 5x or even 10x returns in a matter of two-three years?
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Bitcoin is still in its early stage which means there will be more volatility, but with time and wide adoption it will be come more stable.
Bitcoin can't be considered as some asset in the early phase of adoption. It is 12 years old, and we already have a user base of tens of millions of active users. May be it is time to admit that the volatility is an integral part of Bitcoin. There are several reasons for this volatility. The lack of a centralized authority is one of them. But should we be concerned about the volatility? IMO, we shouldn't.
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