The consumer price index(CPI) data released today , fell short of market expectation and it is showing sign of increasing once again and it may lead to concerns about inflation and potential harsher interest rate increase in future. This is likely to create negative sentiment in all financial markets including Bitcoin.Hopefully, FED will take necessary action to curb this increasing trend.
Despite this, I believe that its impact is expected to be temporary, and that Bitcoin's price will eventually recover over time, and market will continue moving upwards.
What are your thoughts on this?
CPI generally and economically should have a positive impact on Bitcoin and Cryptos. CPI indicted weakness in the Fiat currency market which should ideally mean the USD value is weakening and therefore should translate into strong crypto momentum. Can anyone help me with how can CPI effect bitcoin negatively? |
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While the Government of India is trying its level best to destroy Bitcoin & Cryptocurrency trading as well as the Bitcoin mining Industry. The Kingdom of Bhutan has been busy mining Bitcoin. After the kingdom of Bhutan, Nepal is the only country where INR is considered a legal tender. I am sure RBI was not aware that the INR flow from Bhutan can be money they generated from mining Bitcoin. Anyways the important thing is that Bhutan still does not have any regulation on Bitcoin tax. If they plan one then I am sure that would be in support of the Bitcoin trading and mining industry. By the way, the mining is being done using hydroelectricity. Source Well honestly this looks like a lucrative destination for Indians then, especially the ones from crypto industry. One can set up their minings rigs in Bhutan because flow of money and tourist is pretty easy. You don't even need a Visa to visit Bhutan from India. I am not sure about how much cash you can bring in or take to Bhutan, but I am sure won't be more than 2-3 Lakhs for sure. Anyways still a lucrative place for Crypto people living in India. |
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Once again, KKR Opening pairs failed to give them a good start. Jason Roy started slowly due to Marco Jansen's double strikes in a singe over. He Took Venkatesh Iyer and Rahmanullah Gurbaz's Wickets in the same over and also pressured Jason Roy. After Jason Roy departed, Rinku Singh and Nitish Rana started to fight back. But Nitish Rana also dropped, scoring 42 runs from 31 balls. KKR end up scoring 171 in 20 overs. Sunrisers Hyderabad used six bowlers, oand every bowler took wickets. Kartik Tyagi was a little more expensive. He conceded 30 runs in two overs. I feel like 171 Runs are not enough to defend against Sunrisers Hyderabad. Let's see what happens.
KKR looks like a very weak team without Shreyas Iyer and with it's star players being out of form. Andre Russell being out of form is in itself one major blow for this team, Rinku has compensated in a few matches but he can't do everything alone. Same is the case with bowling, no good pacer means you get hit for too much runs in important overs like the start and death, today's match looks like an easy win for SRH right now. |
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In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise
I think the hardware wallets don't have any rocket science, it's just that it contains your private key which makes your wallet accessible when the hardware wallet is attached. If you keep the private key in the pendrive and attach it only while making your transaction and remove it after transaction it's as good as a hardware wallet only. But yes that automatic mechanism you won't get using a flash drive. |
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Today the 41st Match of Indian Premier League has already started. Chennai Super Kings vs Punjab Kings these two teams came to the field to play. Chennai Super Kings won the toss and came to bat. Scored 115 runs in 12.4 overs. Chennai Super Kings team batsman Ruturaj Gaikwad Got out for 37 runs off 31 balls. Devon Conway scored 57 runs off 34 balls. Shivam Dube scored 22 runs off 13 balls. If Chennai Super Kings can bat like this then they can score like 180 runs. Punjab Kings are not doing well in bowling. Chennai Super Kings batting is performing so well.
Chennai Super Kings and Punjab Kings played the 41st match and win by chasing. Chennai Super Kings won the toss and batted brilliantly with Devon Conway's 92 score. Only 8 runs away from the century. On the other hand, Punjab Kings did not have any significant batsmen who belongs to big score but all of them were able to score consistently. Due to which Punjab Kings chased 200 runs and won the match losing only 6 wickets. Currently these two teams are at 4th and 5th in the points table with having 10 points. I think this was a match that could have gone any way. Both teams played equally well. I think PBKS messed up a bit with their batting order when they decided on sending Sikander Raza so late. I get the point that they wanted to score runs at a good strike rate but Raza has done that as well in the past. There is no point keeping a foreign player in the team just to send him at number 8 to bat. Maybe you can make him your number 3 choice or if you have issues with him around strike rate better bring Rajapaksa in instead. |
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I would say it's sort of a non conventional way of thinking, even investors don't think like this. Most of the investors, invest in products and solutions which they feel are groundbreaking or have even solved problems in their own lives. Here I feel you are feeling that the product or the solution is a complete shit but the story that the product tells is good, which is why Apple is running nicely. I somehow agree with the story part, but will tell you one thing for sure. If a product is not worthy and only sells due to story telling, the company surely doesn't has a good future ahead so beware while investing.
It can't be about the story telling only. I doubt that the Apple products are worth as much as they actually are, but I have been an Apple user for a long time and apart from the fact that any necessary repairs are extremely expensive, I got stuff replaced for free most of the time. Their service has been pretty strong for me personally and they are quick to help. The only thing that is really a pain in the ass is the material smartphone producers use for their displays. I am sure they could be using material that can't get broken as easily. That was probably the biggest issue I had with my iPhones. But in general I think the devices are highly reliable. Never had a phone dying out of a sudden or anything like that. Now this is no safe bet per se, but Apple is also sitting on 200 billion USD in cash. Their ability to undertake major investments in R&D and to pay huge dividends for quite some time to come is probably a big pro from an investor's point of view. The prime cost or the ex factory cost of Apple might not look that high and this makes it look very expensive. But if you see Apple is a heavy investor on it's new Technology as well. Also both it's opex and capex in terms of R&D is very high. I heard they even patented the technology of self healing screens which obviously could be a ground breaker. It would like increasing average phone lives by 1-2 years. But obviously apple Knows it's like hitting your on feet with an axe because eventually it's killing it's repeat customers so this would mean initial product would Cost much much higher as well. So obviously it might not be worth the price based on factory cost but overall cost of Apple per phone is still too high. |
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Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.
I think staking is good only if you are able to do it at the right time. Eventually staking can give a good return only if you staked at a low price and eventually the price of the coin rises and you now get amplified returns. In case of no lock-ins obviously the returns will be less as well. But yes it's slightly less risky as well. But in drowning markets or especially all time high markets it can be very risky. Because you have staked at a higher price and are now getting peanuts for your returns. |
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Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.
Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small but it is still a decent salary.
Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.
My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.
Which do you prefer an why.
I think it all depends on your style of living. I see people after they get a level of living status, they are contended with even a monthly income to meet that status. But once they are introduced to a new level or standard of living by giving too much money you get attracted to it and then once again you want this level of money to come to you so you can meet this new standard of living. I think humans always get lured to richness and then adjust them to that. |
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I would say it's sort of a non conventional way of thinking, even investors don't think like this. Most of the investors, invest in products and solutions which they feel are groundbreaking or have even solved problems in their own lives. Here I feel you are feeling that the product or the solution is a complete shit but the story that the product tells is good, which is why Apple is running nicely. I somehow agree with the story part, but will tell you one thing for sure. If a product is not worthy and only sells due to story telling, the company surely doesn't has a good future ahead so beware while investing.
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Today the 40th Match of Indian Premier League has already started. Delhi Capitals vs Sunrisers Hyderabad these two teams came to the field to play. Sunrisers Hyderabad won the toss and came to bat. Scored 76 runs in 8 overs. Sunrisers Hyderabad have lost 2 wickets so far. But Delhi Capitals team is playing very well. Sunrisers Hyderabad team batsmen are under a lot of pressure. Sunrisers Hyderabad may not be able to score 150 runs today.
Congratulations to Sunrisers Hyderabad for their impressive win by 9 runs against Delhi Capitals in the 40th match of the Indian Premier League. It was a great team effort from SRH with Abhishek Sharma playing an outstanding innings of 67 runs. Mitchell Marsh was definitely the star performer of the match scoring 63 runs in just 39 balls and also picking up 4 wickets by just giving 27 runs. He deserves the player of the match award for his amazing all round performance. This win will surely boost the confidence of Sunrisers Hyderabad and motivate them to continue their winning momentum in the upcoming matches of IPL. Simple mistake from DC today I think was sending Axar in too late. Axar Patel is the star player they have right now. He is one of the best all rounders of India right now let alone DC. I don't know what's the point sending him after Sarfaraz or Priyam Garg. You have to know what's the demand of the situation in every match, otherwise you'll end up making such decisions. I think he should become a permanent number 5 spot holder for DC unless there's a quick fall of the top order. |
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Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.
One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...
I would differ from you here slightly. What I have realised after trading is that not everyone is meant for trading or HODLing. If you are burning out regularly it might be that you don't have the trader mindset or the trader instinct. It's not by birth but because your general mindset is such that it's too difficult to inculcate a trader in that. You shouldn't feel bad for it and accept it and let this opportunity pass. I have felt that once you do this after some time you'll realise you were in this just for money and for nothing else. Trading isn't something that excites you and once you get this feeling you'll start to feel good as well. Just make sure you don't see the markets again every so you don't regret your decisions. |
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Can we make it little more fun with this, i will like to hear from us the place we are standing at in holding bitcoin in comparing to those having much investment in bitcoin otherwise called whales and other institutions or individuals having little portion of their bitcoin they are holding, because at the end of it all, everyone is a holder as long as you've invested. Here's the percentage of bitcoin holders and what you need to hold to be in each category belonging to bitcoin holders.  https://twitter.com/Vikingobitcoin9/status/1651922754554195969?t=1mFAzg2Hafpee2A2Adbkqw&s=19In my own case, i still finds myself below the last category which means am holding lesser than 0.135btc as at now, can we make it interactive by giving our own standing point as at now. Really surprising to see that you don't have to hold that much BTC to be in the top 5% but yes I think this analysis is per address because per person analysis of such a thing is not possible. Per address i can expect that only 5% addresses have more btc than 0.135 BTC. I think per person this number might be 4x of the number i.e. per address. But yes it's so crazy to see the number of btc you need to have to be in top 0.1%, infact I also feel how many of this might be inactive addresses which might be Bitcoins that have been lost forever. |
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This is another sadden story again about someone that just supposed not to trade crypto and meme stocks. Trading and investment is not a get rich quick. Meme stocks trading is like gambling. Coins like bitcoin may be promising, but what if you invested at $50000, bitcoin price now at $30000. Bitcoin will get to all-time-high but not good to use the money that is not yours. As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison. The former chief financial officer of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million, which he used to trade cryptocurrencies and “meme stocks.“ Read further about it: Ex-CFO who stole $5M to trade crypto and ‘meme stocks’ gets 3 years in prisonTrading is definitely not get rich quick for sure. But meme coins investing is not trading, these people don't even claim themselves as traders. They just buy the hype and sell the hype. If you see someone would have invested in Shiba INU or some other alike coin at that time, he would be repenting his choice so much as of now. The article that you are citing is very different it's more about how the person used other people money to get rich quick. |
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The pitch was batting-friendly. And the batsmen managed to score a lot of runs very easily. LSG's 257 runs were probably the second-highest in IPL history. As every batsman in the team batted well, LSG managed to collect a huge total of 257 runs.
If the batsmen of Punjab Kings were able to bat well from the beginning of the innings, they could have collected runs close to 250. But they lost the wickets of the two openers quite quickly. Apart from Taide and Sikandar Raza, no batsman can stay at the crease for long. Even then, Punjab managed to collect 201 runs.
With the win in this match, the LSG team is now second in the points table with equal points with Rajasthan. If Gujarat can win their next match then Gujarat will occupy the top spot in the table. Rajasthan and LSG will be second and third in the table respectively.
257 is never an easy target to chase specially if you are against LSG bowling lineup. Marcus Stoinis is simply unstoppable guy and he once again proved that he is most valuable T20 format player by scoring 72 runs on 40 balls. Punjab main batsmen Dhawan wasn't able to score much runs today but good knock by Atharva Taide. There are 9 bowlers used by LSG captain in today's game. I would say it was a memorable match. The total collection of both teams in this match was 458 runs. And if Punjab Kings had not batted badly in the last two overs, their collection would have been bigger. In the last two overs, Punjab's batsmen managed to muster only 8 runs. No one expected Punjab to win this match. However, they had a chance to reduce the run margin further. Punjab captain Shikhar Dhawan used his 7 bowlers in this match. But the more interesting thing is that LSG captain KL Rahul used all his 9 bowlers in this match. Except for Stoinis and Rahul, probably every player in the squad bowled in this match. We don't know why KL Rahul took such a decision. I think this was a very easy pitch to bat on. If LSG would have made something around a 230 it could still have been chased by Punjab. It was just that pressure of extra 50 runs which PBKS couldn't sustain. With slightly less targets the batters would have had a better chance to see a couple of balls and then start hitting on this highway pitch. I feel franchisees should avoid such pitches as well. PBKS has best pace bowling attack and they struggled like 15 year olds, I don't even know what would have happened with less known bowling attacks. |
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This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.
Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?
Haha it's a good thing however can turn into dangerous addiction as well. Dangerous because, investment is done for the purpose of getting some amount saved for a rainy day or for some goal to fulfill in future. But if you stop materializing your goals and just keep on saving the money for even more future, in a way that, it's almost impossible to enjoy that money, this is dangerous. All you'll think of is growing money without fulfilling your desires using that money. |
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If you or your family members are using Whatsapp then you need to read this topic. There is a message that is being circulated using Whatsapp. It will come from an unknown number with controversial text. One of my friends had recently received such a message. I am sharing the screenshot here.  If you download this message then the possibilities are that your smartphone will get hacked as it contains malware. The message varies and is targeted to make the reader curious. In most cases, these hackers are using news that went viral. If you receive such a message then report and block the number. They are sending an SMS with a questionable link and the text would look as if your bank has sent you the message. It's so funny to see that these hackers would use any way to push malware into your phones. But i think these days it's pretty easy to push any such things into your device. This is just one easy to spot instance, creating a fake sms is the easiest way. I think if you haven't been subject to phishing these days it's just because you are lucky not to encounter it so far, no one can be aware enough to smartly ignore it. |
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Rajasthan Royals have already scored 202 runs and this game will be Battle to the bone. Today's batting performance was much better than other days by Rajasthan Royals and finally they scored a huge run. Especially the Rajasthan player Yashasvi Jaiswal is a great batsman who scored the highest runs in today's match for the team with 77 runs from 43 balls. Yashasvi Jaiswal could not score his century before he had to leave the field. Every player of Rajasthan Royals. Today's batting performance is good so if they can bowl well then there is a chance to win the match. And Chennai Super Kings must have a good batting performance and collect 203 runs to win this match.
Rajasthan Royals set Chennai Super Kings a target of 202 runs. But I think Chennai Super Kings batting will be able to win the match by crossing the target of 202 runs. If Rajasthan Royals want to win this match, the team's bowlers will have to perform brilliantly and pick up wickets within few overs. Rajasthan standard of play was very good. And they collected very good runs and set Chennai a target of 202 which is a very good target in T20 matches. Chennai is a very good team but it is very doubtful if they can beat the target of 202 runs. Chennai did not start well. however, they completed only 4 overs and collected just 25 runs and needed 178 more runs. But it doesn't seem possible for them to do that. But since Chennai's batting has only just started, it is still not guaranteed that they will lose. If they do well, they still have a chance to win 202 runs is a big collection. But even then Rajasthan Royals are likely to lose. Opponent Chennai's batsmen are in very good form now. This is why the team is at the top of the points table winning 5 out of 7 matches. However, if Chennai loses against Rajasthan in today's match, they are likely to lose the top spot in the table. Chennai collected 68 runs in 9 overs. Chennai now needs 135 runs from 66 balls to win. This is a very difficult task. Even then they lost only one wicket. Victory is still possible. Devon Conway's batting really surprised me. He scored only 8 runs off 16 balls. Never thought to see an experienced batsman like him perform so stupidly. In the end, Chennai lost the match. And they lost by 32 runs. Chennai lost the top spot in the points table after losing by such a big margin. Chennai are now the third team in the table. Rajasthan Royals managed to grab the top spot in the table by beating Chennaiyin. Chennai started the innings very slowly. Rajasthan collected 64 runs in 6 overs of power play, and Chennai collected 42 runs. While batting on such a big target, it was definitely necessary to bat well in the 6 overs of the power play. Chennai were defeated because of such slow batting in the beginning. Chennai Super Kings losing last match against Rajasthan Royals but in the points table both of the two teams get 10 points but Rajasthan Royals is ahead in net run rate, Chennai Super Kings have to stay at the 3rd position in the points table list. For any team 202 was a big target but it is not too difficult in this tournament as it happen regularly (200 runs) in every high score matches. Despite Chennai Super Kings having some reliable batting line-up, they were defeated by Rajasthan Royals by a big difference. In my opinion, chasing a big target normally batsman have to face lot of pressure. If any team don't perform good from the beginning it would be difficult to win any match. If Chennai Super Kings could have utilized the power play they could have removing the big gap and even won the match. I see this as a very competitive IPL, in a way that any team is beating any team this time. But more importantly this is also indicating that all the teams are inconsistent, none of them has showed so far even in 80% of their matches that they are a fit combination to beat anyone. Today CSK was terrible with the bat. On a good batting pitch, Conway and Rahane struggled and eventually total looked absolutely impossible to achieve. |
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From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.
Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin?
Mixing is not an "adopter". It's an activity done to hide the trail of transactions. Yes gambling can be told as number 1 activity done using bitcoin and it's bad because of general nature of gambling itself, it has nothing to do with bitcoin specifically. Talking about centralized exchanges, the difference is that centralized exchanges are not created for the sole purpose of mixing Bitcoins, also i believe they keep a complete trail of how money is moving around, so traceability is obviously not erased in such cases. I assume the mixers delete this history as well. |
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Hi All,
I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?
Thank you
CookyTrades
On Binance, a lot of them trade in 1 minute time zone. Most of these trades are done by bots as well as AMMs as well. In other exchanges except Binance the number of people who do this is very low. You'll feel too less trades are happening on other exchanges. Especially the trades of high volumes are too less, in those exchanges mostly the trades are low volumes to ensure the 5 min candles are formed nicely. |
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I agree that there are those types of investors who classify themselves as angel investors, venture capitalist, 1 etc. But before they become all of these types of investors, from my own perspective, I have put them into some classes. It is not an exhaustive or an elaborative list but at least, you get the idea of where I am driving at. Class of Investors to the best of my understanding New Investor These are friends and family members who are willing to contribute a small quantity of money to your company. The Ponzi scheme Investor One who invests in ponzi scams continuously is this. This is the person who thinks about get-rich-quick schemes. The researcher investorThe researcher investor wants to conduct thorough investigation before deciding whether to invest.They might even decide against investing altogether since, if you wait to make a decision until you know everything, you might never invest. The Wealthy TraderThis one has had a number of profitable investments over the years. They are knowledgeable, experienced, show expertise. What class of an investor are you?
1. https://www.investsmall.co/the-different-types-of-investors-what-kind-are-you/amp/I think most of us are researched investors however not all of us have the correct way of researching or correct way to finalize what to do after a research. Most of this group think research is finding the coin which everyone else is buying or creating a hype about. However reality is research is reading about the project itself. Thinking how can it benefit the blockchain community and therefore picking out how can it grow and benefit you as well. So I think there are two sub categories under researched investors. Actual researchers and hype followers. |
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