There are good amount of places in India where Test match attract good amount of crowd no matter if its weekend or not and then there are few places which already has rich history of Test Cricket. guess we might go back to Jagmohan Dalmiya's 10 fixed venues formula for test, sounds good to me and day night format can do some magic too.
Eden garden ( Kolkatta)
Kotla, (Delhi) - not in winter though.
Mohali (Punjab)
Chinnaswamy (Bengluru)
Wankhede, Nagpur, Ahmedabad, Kanpur, Hyderabad There are a total of 37 first class sides in India and limiting the test match hosting rights to just 10 of them would be plain discriminatory. Recently some of the smaller boards have built very beautiful cricket grounds, such as the Himachal Pradesh Cricket Association Stadium at Dharamshala and Jharkhand States Cricket Association International Cricket Stadium at Ranchi. India is a vast country, and I won't be surprised if international cricket is played on cities such as Darjeeling, Gangtok, Imphal, Srinagar.etc in the near future. All these cities are very scenic and people would love going to these localities. Also I have heard that the road and rail connectivity to these cities are going through upgrades. I think these cities which you are mentioning are a bit remote than the rest of the cities. Moreover, except for the Dharasala Stadium we haven't seen many cities situated in mountain region building their stadiums. It's pretty tough on such terrains to create a stadium with significant capacity. Also more often you see weather changes destroying the pitches as there is a long reigning rains and winter in such cities. The Test series i am looking forward is Pakistan tour of Australia next month and i am expecting Smith to continue his form, it will be a good battle for Pakistan as they have a new captain and a new team and i expect them to find it hard to handle the Australian bowling line up as it is difficult for a subcontinent team to challenge Australia  . I think this would be more of a test for Pakistan as they are just coming after losing T20s against Sri Lanka at their home ground and now immediately they will be facing Australia who are considered a good team atleast at their own fortress. |
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Today the price has crashed low to $7500, this is something unexpected as the market have gained good momentum at $8000. There is no perfect reason behind the price crash. Whenever there is price crash, it gets attributed with something happening parallel to the same. This time some controversy is happening with Facebook and its libra.
It's normal price crashes and pump I think we must have gotten used to such things because these have become too usual in cryptocurrencies. I think just like there are no major reasons of pump same is the case with dumps. The charts look hilarious as we have just experienced a death crossover which means 50 day moving average has intersected 200 day Moving Average from above this is a pretty bearish sign and I think this is just beginning of a huge downfall which could follow. |
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I think this is what is called inflation of the price of a currency or goods, when the increase in the year certainly the price of something that is very difficult to obtain and has high demand can make the price very expensive but for bitcoin I think this depends on demand and when prices fall then make sure the demand decreases.
Actually it's the inverse here. In my hypothesis I have kept Bitcoin as a currency and not as a commodity therefore when it's price will increase the economy will go into deflation and not inflation unlike the fiat system. Demand for goods will fall considerably because people would want to hoard the currency. The high volatility, deflationary property and no regulation are the main reasons which make Bitcoin unsuccessful as a currency. If you're a businessman, you have to pay tax and make revenue. But if you take payment in Bitcoin. Unless you convert it into fiat immediately, the price will change in any direction which is risky proposal for a businessman. Also, if people can buy more things with the same amount of Bitcoin tomorrow than today, then why would they spend it when they have fiat alternative. Such things limit the use of BTC as a currency.
Doesn't makes sense as here we are talking about usage of bitcoin as a currency in bitcoin only economy. |
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I'm a person who would like to do some work for Bitcoin, so I monitor freelancing sites occasionally, and at this time I feel like the freelance market in Bitcoin is nearly dead. The Services board is 99% listings of services rather than people who are looking to buy some; XBTfreelancer is empty or has 1-2 projects most of the time; cryptogrind has mostly just ridiculously underpaid projects or again service announcements (shouldn't they be banned there?), and there's also not much available projects overall; workingforbitcoins has very little traffic, just a few projects per month.
It was theorized that Bitcoin will help alleviate poverty by allowing people to work online without any restrictions, but on practice this just isn't happening. In your opinion, what is the reason for this?
Actually traditional companies aren't that open until now to pay in crypto currency as payments therefore it's only the ICOs and the IEOs which post any freelancing opportunities on such platforms. With downfall of ICOs and IEOs not many of them are coming and successfully running therefore it has directly affected the number of freelancing opportunities available on such platforms. I think you can find most of it here on the forum in the services section. I don't think these sites would become greener anytime soon again. |
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
I recently saw a poster from 1900s when even electricity was criticised by many people because the wires could lead to shocks and accidents. People didn't want to use them but can you even imagine a life without electricity today? Same is the case with Cryptocurrencies because people still are confused about this technology and with time if there are benefits of Cryptocurrencies then they will get absorbed in our lives pretty quickly and easily. |
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There is a major issue which is becoming resistance in the way of Bitcoin to be accepted globally and it is its "Volatility".
In the near past we have seen Bitcoin dropping more than 15% in a matter of 3-4 hours. And there are a number of cases in the past like this.
This property is too much dangerous for any entity which is holding Bitcoin. If a company sells products/services of 10000$ and receive payment in Bitcoin, and bitcoin loses 10% in one day then basically company has lost 10% worth of their products.
Scenarios where gross profit margins of the companies are less, this property makes nearly impossible to accept payments in Bitcoin. If volatility of bitcoin is decreased in the future, it would be a major step ahead.
This actually is a major problem because we just saw today that how sharply prices of btc can fall and hike. I think volatility is a problem which really restrains people from investing in bitcoin making them think it's highly risky. I think there is a high probability that volatility problem would go down if there is an increase in adoption because individual manipulation will stop. Which could make it a better tool for investment. |
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There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.
Is this something we have to accept or should we do something about this?
Actually the people who joined bitcoin merely to mint some quick money out of it created a lot of buzz around this period but now have exited the market this makes it look like people have lost interest but this isn't the truth actually. Still the real adopters and acceptors are actually using it regularly. Even if you say this number isn't increasing it isn't decreasing either. |
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I have 0.54 bitcoin in my hotbit account so when I try withdraw they told me that message . this account is not a llowd to withdrow . I try and contact support they dident respand end when they respand they say that the system hase been mistaken and send me this amount so if you are in my position what would you do any help please ..for now I m trying to sell this account with 0.53 for 0.20 I d ant know what to do to get my money back ... so please is ther any one who have an experience and can help me ..
I think it's better you open up a thread in scam accusations if you think your money is being duped. Try to get some proofs of your balance and how the customer care reacted to your problem. Atleast others can stay far away from such shady exchanges. While about you I don't think there is much you can do to get your money back. |
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I only trade in crypto coins but few of my friends who are interested in joining the crypto community ask how to convert the coins earned into 'real' money.
I didn't need to convert them atm so I am unaware of the same.
What's the most convenient way to do so? I guess local bitcoins? Are there any automatic exchanges left that can directly transfer to the bank account or any other INR wallets?
The most easiest way to sell bitcoins and directly transfer to Bank accounts is using P2P features available at certain exchanges. Best I know is Wazirx.com Sell your Bitcoins for USDT and then you can go to the P2P menu. There you can ask your usdt for selling and match it with some buyer. Buyer will send payment directly to your account and you just have to acknowledge payment on the website. Wazirx would release funds from Escrow and pay them to buyer. |
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As of now if every person in the world they would have $11 worth of bitcoin right now. https://news.livecoinwatch.com/bitcoin-each-human-alive-getem-coldThis wouldnt include the number of bitcoin which were lost due to theft or misplaced private keys. So would this mean there will be a shortage of the available bitcoin accessible to those who would want to own some of this cryptocurrency? Actually this is a problem itself. This shows how short we are on supply of Bitcoin and how much shorter we will run in future. I am saying this because this limited supply would make bitcoin much more valuable thereby increasing it's price many times just like gold but it will never look like a currency because there will be no economic control as the market will deflate more and more everyday. Price of your assets is likely to increase the next day so why would you like to buy anything with it now? |
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Yea... and just for context, 20k a day is a revenue of 7.3 million a year. That's nothing for any medium sized company much less for one of the largest crypto exchanges in the world. You may not be happy that you aren't getting 1:1 trades, but i wouldn't exactly call this overcharging. If you can find a more trustworthy exchange with better exchange rates, then go there. If you find that hard to do, then they're not overcharging... Any thoughts on OKEX / Huobi fees? ofcourse is nothing and I am sure most of it is hidden and concealed from the General Public. There is no way that they get such a low income each day. This is the problem with crypto world. There are no particular norms relating to financial reporting so all the incomes and assets of the company can be easily concealed. Moreover Binance is registered in Malta so pays taxes in Malta which is a tax Heaven therefore tax concealment too is a bit easier there. I think Binance are concealing lots of profits. |
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Cryptocurrency now has a stable coin concept which is an investment of fiat value, bitcoin is fluctuation not inflation or deflation. This feels complicated because too many things are related. Looking at it from the perspective of fiat and crypto money, I agree with what you're trying to say, it's just too complicated to understand.
You know we have tried to keep stable coin concepts thousand times in history but everytime we have ended up in minting fiat. You know what's the reason? It's because economy always works automatically due to rational buyers and sellers and thereby automatically making equilibrium but there is generally times when the demand supply shifts and the equilibrium is changed. But when we make a stable coin it doesn't has the capacity to automatically change equilibrium so what happens is a black market begins to emerge out of this thing which leads us in even more trouble. So even the stable coin concept won't hold for too long. |
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Let me preface this by stating the followingWhen betting on Bustabit for example, I know : - It's 100% provably fair and can't be manipulated
- Each round is independent of the adjacent ones, no previous results dictate the next
- There's no math to keep the 1.975x average in place, if it's 10 games under 1.5x in a row, this doesn't change the likely-hood of the next being over 2x
That being said, I think it's fun to humor myself and entertaining to play into superstitions. i.e if it's 10 red in a row, I'm usually more likely to increase my bets as the gamblers fallacy plays out, although I'm completely aware of the math behind it. I think superstitions are fun to have and entertaining to laugh about, it makes it more interesting. Some gamblers treat them in a serious way, however I think that's the wrong approach to superstition when gambling overall. What are common things you're superstitious about when gambling?
The most common misconception here is that it's probably fair. Trust me no game is provably fair and Casinos operate because they are not probably fair their might not be a great edge but there definitely is a small edge in the favour of casino except of the fees. You never have a 50-50 probability of winning it's always 51-49 and that 2% edge goes to casino itself. Moreover in long term there is no way you will end up winning money in a mere luck casino like dice. Say for eg their might be 52 heads and 48 tails in 100 coin tosses but in 1 million coin tosses this deviation would go more and more closer to 50%. |
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but they become paper tigers abroad. The same can be said about the bowler as well. Apart from Jasprit Bumrah, none of the Indian bowlers have the ability to perform abroad in a consistent manner.
Guess you missed the Seamers performance in 2018. Batsmen and captaincy (Selection) let down Indian team otherwise Indian team was supposed to Win in SouthAfrica 2-1 and In England all batsmen performed badly be it English or Indians, Except Kohli and English Tailenders. I never said that the Indian seamers performed badly abroad. On the other hand, they are the only group of players performing on a consistent basis. Others (batsmen and the spinners) fail to perform in a convincing manner when matches occur outside the subcontinent. Well... Virat Kohli is an exception, as he performs irrespective of the nature of the pitch and the strength of the opposition bowling attack. And the Indian batting record abroad would look pathetic, if you take out Kohli from the playing XI. I think currently there is the best pace attack that India has ever had in history of Indian cricket. Indian pacers are performing formidably under almost every condition around the world and against every type of batsmen. There was a time when Indian was known merely for their batting attack but I think now the bowling attack too is considered equally efficient especially due to the best bowlers like Bumrah, Bhuvneshwar and Shami. |
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Things are pretty rough for the global financial markets at the moment. So much so that economists are speculating that we’re about to go into a recession. Recession affects all of us, but for those that hold Bitcoin or other cryptocurrencies, things might feel a little more uncertain. Why? Well, we haven’t really seen a global recession since the rise of cryptocurrencies. With that being said, the invention of Bitcoin was in a sense a response to the global financial crisis in 2008. Satoshi Nakamoto himself cited bank bailouts and centralized financial institutions as reasons for the creation of Bitcoin. So, what would happen to Bitcoin if the world had to go into recession? We have some ideas. What Exactly Is A Recession?I’m sure we all remember the global financial crisis that occurred in 2008, but what exactly is a recession and what causes it? There are so many different factors that can cause a recession: political instability, climate change, war – the list goes on. However, a recession is recognized as a period of temporary economic decline (the keyword here is “temporary”), categorized by a fall in GDP in two successive quarters. Recessions are terrible for the global economy and hit us all hard. https://www.youtube.com/watch?v=eb9ti035QRw How Will Bitcoin Be Affected By A Recession?When it comes to how Bitcoin will be affected by a recession, there are really two possible scenarios: Either Bitcoin thrives or it takes an incredibly hard hit – what will actually happen remains to be seen. The case for a thriving Bitcoin market during a recession: Underperforming fiat financial markets could fuel Bitcoin adoption. In countries with high inflation, such as Venezuela and Zimbabwe, Bitcoin (BTC) is trading at a premium of 40%. High inflation rates make fiat investments less valuable and less stable, driving investors away. While Bitcoin is influenced by global markets to some degree, it has been called the “digital gold standard” making it a safer investment financially, and more secure. Bitcoin is also recognized worldwide and relies on no external, single authority. Inflation will naturally rise during a global recession, making investing in traditional fiat investments both more expensive and less stable. This could very well work in Bitcoin’s favor, as more people will consider moving their investments into cryptocurrency. On the other hand, a recession may cause the USD to reemerge as a global currency, rather than crypto. During a recession, the 99% are forced to cut spending, and focus on survival – job cuts and pay cuts make things even more difficult, and most working to middle-class people will need their fiat currency to survive rather than purchase Bitcoin and other cryptocurrencies. You could even see people who hold massive quantities of Bitcoin (BTC) suddenly offloading, weakening the value of BTC and driving down demand. https://www.youtube.com/watch?v=Rq25M3Z_9jI What Would Happen To Bitcoin If The World Had To Go Into Recession?So, what would happen to Bitcoin if the world had to go into recession? There really are two equally possible options to be discussed here. Either Bitcoin (BTC) thrives as the new gold standard during a recession or the USD emerges as the global currency and Bitcoin takes a massive hit. Bitcoin (BTC) was invented to combat so many of the issues that we face with the current fiat financial system, but we’re still very much in the early stages of Bitcoin adoption (even if it doesn’t feel that way) so we can’t be sure how it will respond to a global recession. Whatever the case, Bitcoin still has a long journey ahead of it. https://twitter.com/HayesBrown/status/1161736006191783939?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1161736006191783939&ref_url=https%3A%2F%2Fuproxx.com%2Fviral%2Frecession-2019-twitter-reactions%2FIf you’re on the bullish side of the Bitcoin recession debate, or just interested in trading crypto, you can do so securely on eToro. You can take advantage of the social aspect of the platform by learning the ropes and connecting with like-minded traders. Cryptoassets are volatile instruments that can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading crypto assets are unregulated and therefore is not supervised by any EU regulatory framework. Your capital is at risk. https://kryptomoney.com/what-would-happen-to-bitcoin-if-the-world-had-to-go-into-recession/What I think is bitcoin has come far ahead in the world economy that almost certain class of people from every economy is participating in it. If there is a global recession then a lot new people would come into it and the normal world could move deeper into the recession due to outflow of money from the Economy. But as we have never had bitcoin during any major world recession it would be pretty interesting to see how it reacts in sucha situation. |
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Just to make it simple, the main issue about Bitcoin and other cryptos as a currency, is market price volatility. The market value is not stable which would be a problem, for it to be a currency. A currency is meant to promote equality in the world market. This I think, is the main issue why many countries still do not accept cryptos as the mode of payment. Maybe, if it would be more stable, it will result for other countries to adopt this system.
The first reason is always so, bitcoin and other cryptocurrencies do not have a consistent stability, payment will not be so easy when prices go up and down in too large a range, timely adjustment of goods to the price of bitcoin is impossible, and we all don't know who is the owner and manager of bitcoin, popularly applying it would be an opportunity for countries to attack each other economically. The most obvious is that we here no one wishes or prayed that bitcoin would settle down, everyone expects bitcoin to go to the moon Actually that won't be a problem when it comes to a Bitcoin only currency or atleast when Cryptocurrencies go mainstream and everyone owns it because volatility falls with widespread adoption but the problems which I am posing will definitely increase with more adoption because deflation would continue to increase. |
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Poll reset  Don't know about the rest of the forum but 9 people surely look BTC in a very optimistic way thinking that it would reach 20k until 5 oct. They might be either the ones who bought at 19k  and still waiting for that price or the Mcafee supporters.  |
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But still considering South Africa was still the number 3 team in tests I thought there would be a good competition. Now the thing is if number 3 team is losing from number 1 so miserably is there any kind of competition left in cricket? On Indian pitches Indians are like monster they can eat up the whole world XI all alone I think. The ranking is just bull shit, just look at the last T20 series in Pakistan, they were the no one T20 team and Srilanka was ranked number seven and they destroyed Pakistan in all the matches and white washed the series. South Africa is having trouble with their batting line up after the retirement of their star players and they were not able to replace any of the players. No the ranking shows the correct trend and performance of the team. Sometimes a team can preform less than their previous history, but most of the time ranking does matter.    Actually team can perform less or more than their previous history but I think home and away matches should be given a separate weightage with away matches being given more weight. It's simply because every team is better at their home ground because they fabricate pitches according to them and it obviously gives them an added advantage so if a team wants to improve their ranking they would definitely play more matches at home than playing matches away isn't it? |
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Yes definitely we need some sort of reporting and compliance standards for BTC and related companies. It's not merely due to money laundering, ICOs in general are raising so much money from people in form of cryptocurrencies all this wealth is not at all being utilized by them for development of their projects. Even if it is being utilized then where are the results or proofs that such a thing is happening. I think just like a whitepaper ICOs should atleast give an annual paper which states about the major working and financial position of the company and tells that how much funds have been utilized and how have they been utilized. |
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Greeting all,
I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.
I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.
I read about many so called Bitcoin Banks, Projects, who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.
So how would you increase your bitcoins?
I think if you already have bitcoin and genuinely want to improve your position then instead of investing in some other persons project you should better get your own business idea and implement into blockchain. Try something based online and as you are having decent amount of bitcoin yourself you can fund your own project and work over it and you would definitely be able to increase your bitcoin much more than just 3% annually. By the way Binance is providing around 13% annually but I still think it's not worth it. |
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