Bitcoin Forum
June 07, 2024, 10:19:37 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 [139] 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 ... 1140 »
2761  Economy / Speculation / Re: Bitcoin dominance hits 57.7%, alts lagging behind on: December 07, 2020, 05:48:38 AM
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%
2762  Bitcoin / Bitcoin Discussion / Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? on: December 07, 2020, 05:04:55 AM
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.
2763  Economy / Economics / Re: Venezuela Planning New 100,000-Bolivar Bills Worth Just $0.23 on: December 07, 2020, 04:54:20 AM
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 Smiley

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.
2764  Bitcoin / Bitcoin Discussion / Re: Taxation of 30% on gains from Bitcoin investment? on: December 07, 2020, 04:44:24 AM
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  Grin but i think 30% is just a proposal, there could be changes to it.  is OP is encouraging tax evasion?  Grin  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.
2765  Bitcoin / Bitcoin Discussion / Re: Pizza Hut accepts bitcoin on: December 07, 2020, 03:54:21 AM
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.
2766  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: December 07, 2020, 03:44:40 AM
~
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. 
2767  Bitcoin / Bitcoin Discussion / Re: **family survives 40 countries living only on Bitcoins** on: December 07, 2020, 03:34:14 AM
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.
2768  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: December 07, 2020, 03:24:05 AM
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.
2769  Economy / Gambling discussion / Re: Which casinos have IP blocks in place for restricted countries? on: December 07, 2020, 03:13:04 AM
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.
2770  Economy / Gambling discussion / Re: Bitcoin betting on the 2020 US Presidential Election | Trump vs Biden on: December 07, 2020, 03:03:42 AM
Just this week-end Trump has pushed for governor Kemp to throw away Georgia's results and call for the state's house to decide the result instead (in favor of Trump of course) so clearly he's still trying, although that one didn't work (and wouldn't have been enough even if it had worked) : https://edition.cnn.com/2020/12/05/politics/trump-georgia-brian-kemp-phone-call/index.html

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.
2771  Economy / Gambling discussion / Re: BBC Sports Personality 2020 on: December 07, 2020, 02:53:15 AM
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.
2772  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: December 06, 2020, 04:55:31 PM
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. 
2773  Bitcoin / Bitcoin Discussion / Re: Taxation of 30% on gains from Bitcoin investment? on: December 06, 2020, 04:42:25 PM
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.
2774  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: December 06, 2020, 04:32:41 PM
Natrajan got his nick name as Yorker king and he is highly effective with Bumrah which adds deadly combo to the pace bowling. Saini os good bowler but inconsistent makes them to be on the lower side and it affect team momentum when they are playing against best teams in their own ground.

I have a feeling that Natarajan would make an excellent pace bowling duo with Jasprit Bumrah. Saini is too inconsistent, and he always attempt to bowl as fast as possible, rather than trying to maintain good line and length. He is very expensive, especially when playing against good teams such as England and Australia. And the less talked about his attitude, that better. I hope no one has forgot the beamer he bowled to Stoinis during the IPL and his refusal to apologize.

https://www.iplt20.com/video/213061/the-saini-vs-stoinis-drama

And he did the same to Rahul Tewatia, during the match against RR.

https://twitter.com/CowCorner9/status/1312364944491339776
https://www.outlookindia.com/website/story/sports-news-ipl-2020-rcb-vs-rr-rahul-tewatia-hits-navdeep-saini-for-massive-sixes-after-getting-hit-on-the-chest-watch/361439
2775  Economy / Gambling discussion / Re: Indian Super League (ISL) Football match updates, predictions and discussions on: December 06, 2020, 04:21:06 PM
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.
2776  Economy / Gambling discussion / Re: Indian Super League (ISL) Football match updates, predictions and discussions on: December 06, 2020, 01:48:47 PM
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.
2777  Economy / Economics / Re: I lost my job, how about you guys? on: December 06, 2020, 01:31:04 PM
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.
2778  Economy / Gambling discussion / Re: BBC Sports Personality 2020 on: December 06, 2020, 01:21:50 PM
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.
2779  Economy / Economics / Re: Bitcoin whales selling to institutions as Grayscale adds 7,188 BTC in 24 hours on: December 06, 2020, 01:11:21 PM
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?
2780  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin so unstable? on: December 06, 2020, 01:01:06 PM
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.
Pages: « 1 ... 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 [139] 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 ... 1140 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!