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2941  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2022, 04:36:36 AM
I remember the crash to $3k in late 2019. Half a year later and it was over $12k.

The crash happened in December 2018 and it went on till April 2019. In that period Bitcoin was trading between the range of 3k to 4k. I am not expecting such a crash but Bitcoin can hit 20k.
2942  Local / India / Re: RBI deputy governor states CBDC will wipeout cryptocurrency on: June 12, 2022, 01:23:01 PM
I don't know which world is he living in? People prefer bitcoin primarily because of two reasons, one is that it gives you that edge with anonymity and you are difficult to be in radar of governments around the world if you use Cryptos while the second set of people use it for capital gains they think it's value will always keep on rising, CBDC doesn't offer you any benefit out of these two then why would anyone think that CBDC can wipe out Cryptocurrencies? Comparing bitcoin with UPI is sheer stupidity.

They are still living in the stone age in my opinion. They could have made India the most happening place for blockchain and cryptocurrency but they choose not to do so. In these critical times when you are surrounded by failing countries, they could have taken a step further in boosting the economy by accepting cryptocurrency as a part of the new-age tech revolution and implementing proper regulations as well as taxation systems. Such an attitude was accepted by the banks and their governing body.
To be honest I don't blame India for being laggard to support Cryptocurrencies, no big country in the world really did this so you have to maintain that stance on international level as well to save your place in global economics. But yes it's equally true that no big country has taken such harsh steps to curb Bitcoins or Cryptocurrencies usage except China, so what government is doing is obviously stupidity. I am not expecting them to accept crypto as a currency obviously, but I am also not expecting them to curb it's usage as an asset as well.

To be honest I sometimes feel that the government of India is following the Chinese government. China banned cryptocurrency, and India put in place a stringent law that will eventually destroy the crypto business in India. China started working on CBDC and India started doing the same. Following a country won't solve India's problem.
Haha this is really true. A lot of times our government has shown exactly the same steps what the Chinese have been doing. Even though the way they take for doing this is entirely different but the result they want to reach with their steps is exactly the same as what Chinese want to do. China openly banned all the Cryptocurrencies while India didn't do it openly yet did all the things possible to ban Cryptocurrencies or remove them from system.
Actually what @pakhitheboss said is kind of true. India has a somewhat reactive & follow policy against China. If you check in the past after 2014 every step that China takes, we as a country are following china economically. There is a saying "If you cannot defeat them, then join them". India does the same economically. We are trying to replicate what china has already achieved. Wherein we should try to grow economically by our own thinking.  
Economically, i would agree with you but not jeopardizing the integrity of the country. The more our Indian administration follows them the more they will jeopardize the development of our country. I am not against the government in every domain. I do understand that there are other major issues but why crush the middle class to get the money for development. Why not work on options and solution that make a poor grow economically into a middle class? Locking this topic as it deviates from the original topic.
2943  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT's are a bigger scam than LUNA/UST on: June 12, 2022, 12:20:08 PM
The actual content of the NFT, such as a piece of art, is rarely stored on the blockchain. The reason why the content (such as a JPG, MP3, or Gif) of the smart contract associated with the actual NFT is stored on the web and not the blockchain is because of the size and cost. So you don't really own a piece of art. You own a piece of metadata describing some art that is stored on a centralized server. Those servers will, inevitably, eventually go down, be hacked or bought out so the owners of an NFT will, in the long run, own nothing but some metadata pointing to a defunct site.

I am not sure from where you came up with this conclusion that NFT are not stored on the Blockchain but on the server. As per my understanding on Ethereum they are in the form of Erc-721 format and every single of them is uniques. If you have any proof that they are not on the Blockchain then please share some proof here.

I do agree that they are over hyped and I also believe that just like dotcom bubble burst this hype will also burst in the coming days. I beleive that NFT's has become a way to convert black fiat to white fiat and this process of conversion won't stay much longer.
2944  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT Trading and way forward on: June 12, 2022, 12:03:40 PM
I sincerely do not understand the hype behind these jpeg images. I have been part of an NFT project as a moderator but I then and till today fail to understand the hype. Sometimes I feel this will be the next dotcom bubble that is waiting to explode.

As per my understanding, if you get a whitelist position on a hyped project then only you can make profit otherwise there is zero benefit in holding NFTs for long term.
2945  Economy / Scam Accusations / Re: Fairspin.io Withdrawal Delayed (SOLVED) on: June 12, 2022, 06:54:05 AM
Quote
I was informed that the withdrawal was done. Could you confirm?
Yes! I got it! After freaking 23 days, thank you!

At last, after 23 days you have got what you fought for. Good to hear that it has been processed. I hope fairspin does not repeat such an incident therefore still supporting the neutral flag in case in the future something arises.

2946  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: June 12, 2022, 05:09:47 AM
New Zealand's innings ended with 553 runs. Daryl Mitchell returned to the dressing room with 190 runs. England will probably get a chance to bat in 30 overs today. And from the start of the innings, England's players must play responsibly. And I would say England players should be batting for the goal of a draw. And must collect at least 500 runs. If England's batting collapses in the first innings, then England will lose this match.
A good partnership is making by Alex Lees and Ollie Pope. Currently we see that 84 runs already earned by them. It really good start in the first innings by New Zealand and England also starting well though they lost Zak Crawley very beginning. After all we will have a competitive Match between the two. 
I hope the catch drope of Pope doesn't affect the outcome of this test match. He is looking more agressive than Lee and has already reached his half century. England still trail by 463 runs and I do not think it will be easy for them to chase those runs. I hope both Lee and Pope continue to bat in the same manner on day 3 too.
2947  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 12, 2022, 04:52:42 AM
Sri Lanka scored 59 runs in the last 3 overs, which was completely unexpected. We never imagined that Sri Lanka would bat so well against experienced Australian bowlers.
This surprised me as well. They batted like crap in the first matches while their bowlers performed really well, but it was the complete opposite in this particular match.

Shanaka was brilliant, but there were many useful contributions from several other players which helped them win this one. They really needed the win considering the fact that their country is reeling in economic turmoil these days.
Shanaka scored the most important runs, and from the very beginning of the innings every player have contributed little runs and this has driven Sri Lanka towards a win. Finally the win have made Australia win the series 2-1, if not this could've been a shame of losing all matches in the home ground.
I saw a great match, Sri Lankans are known for that. The Skipper Dasun Shanaka played an outstanding knock. In Pallekele, Sri Lanka's captain rides a wave of late heroics to lead his team to a thrilling victory. As Sri Lanka hit 59 in the last three overs, Dasun Shanaka leads the way as this young blood can do anything special in the future to restore the peak form to the team. They did wonders out of nowhere and avoided being whitewashed.
I never expected Srilanka to win the last T20 match of this series. After losing two matches I was in the impression that this series would be a complete whitewash. Just checked the highlights of this match and the top order of the Srilankan batting played pathetically. If it was not for the captain then obviously they would have lost the match.
2948  Other / Meta / Re: Why I love Bitcointalk! on: June 11, 2022, 01:08:06 PM
I joined Bitcointalk very late. I was introduced to this forum in 2015 by one of my friend but could not register as I was pretty busy with my job. When I lost my job in 2018 and was searching for ways to earn some money at that time I thought about registering on this forum. I initially started working on bounties as I needed money. For me it was a way to earn beer money at that time. While working on bounties I started exploring the gambling section and found out a lot of crypto casinos. I joined a few and used a my earnings, with luck and calculated steps I  earned more than I expected.

In short Bitcointalk is not just a forum for me but a way to learn new things, explore, try something new and also a way to earn while being active here.
2949  Local / India / Re: RBI deputy governor states CBDC will wipeout cryptocurrency on: June 11, 2022, 09:48:02 AM
I don't know which world is he living in? People prefer bitcoin primarily because of two reasons, one is that it gives you that edge with anonymity and you are difficult to be in radar of governments around the world if you use Cryptos while the second set of people use it for capital gains they think it's value will always keep on rising, CBDC doesn't offer you any benefit out of these two then why would anyone think that CBDC can wipe out Cryptocurrencies? Comparing bitcoin with UPI is sheer stupidity.

They are still living in the stone age in my opinion. They could have made India the most happening place for blockchain and cryptocurrency but they choose not to do so. In these critical times when you are surrounded by failing countries, they could have taken a step further in boosting the economy by accepting cryptocurrency as a part of the new-age tech revolution and implementing proper regulations as well as taxation systems. Such an attitude was accepted by the banks and their governing body.
To be honest I don't blame India for being laggard to support Cryptocurrencies, no big country in the world really did this so you have to maintain that stance on international level as well to save your place in global economics. But yes it's equally true that no big country has taken such harsh steps to curb Bitcoins or Cryptocurrencies usage except China, so what government is doing is obviously stupidity. I am not expecting them to accept crypto as a currency obviously, but I am also not expecting them to curb it's usage as an asset as well.

To be honest I sometimes feel that the government of India is following the Chinese government. China banned cryptocurrency, and India put in place a stringent law that will eventually destroy the crypto business in India. China started working on CBDC and India started doing the same. Following a country won't solve India's problem.
2950  Other / Beginners & Help / Re: Let's always remember how important our lives are. on: June 11, 2022, 09:41:09 AM
Every business has its own risk and if you invest in a business deliberately and then end your life without thinking about your family or friends then I have no pity. It has been told in the past and in the present several times think and learn about a project before investing in shit coins. Many more projects will die down in the coming days and I am sure many investors may not be able to handle that kind of situation.
2951  Economy / Gambling / Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site on: June 11, 2022, 06:34:21 AM
For real, This would be a great idea to implement future events such as Pizza Bake-Off contest like what the forum have done. Also, it would be a great a idea since the campaign manager, icopresss, is one of the active members on the forum who joined these events. Hopefully, they'll be able to use events created on the forum and  implement it on their platform for future events and promotions.
In fact, I'm currently in discussions with Cloudbet to launch similar initiatives.

In addition, I will definitely pass all the feedback left into the hands of the right person, all ideas and comments.

Good to know that they are planning to come up with more intiatives to engage to betting community here. Already they have a signature campaign which they might extend and with that if they launch more contest then they will have many new users joining their platform.
2952  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: June 11, 2022, 06:15:55 AM
New Zealand team is at the front seat now after the end day one. They have collected 318 runs by losing 4 wickets only. The situation of the game was balanced between both teams until the end of second session. But New Zealand has turned the game on their favour with the partnership of Daryl Mitchell and Tom Blundell. The situation of the game could have been different if Root didn't drop the catch of Daryl Mitchell in the 43rd over. England has dropped few other opportunities too.

I didn't watched the entire match, but I saw two easy catches being dropped (one of them being that of Daryl Mitchell). Now New Zealand is all set to build a huge total somewhere in the range of 500-600, and England is staring towards an innings defeat. Matthew Potts and Stuart Broad, who bowled so well in the first test failed to trouble batsmen this time. And the spinner (Jack Leach) never looked threatening, and he was treated like a club bowler by both Daryl Mitchell and Tom Blundell. New Zealand is scoring runs at a quick pace, and they have plenty of time left to win this match.
It was only the first day of the match. Just like the last test match, this match too Mitchell and Blundell have taken all the responsibility of the team. I hope they are able to bat today too and do not lose their wicket like they did on the next day of the last test match. I am sur England will come back and stop these two to score anymore runs.
2953  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 11, 2022, 06:07:59 AM
$9- $10 billion was looking realistic target at one point but yesterday Amazon has pulled out so bidding war might not reach there (they did the same thingy in last auction too) but again it's hard to predict the outcome in these crazy bid war.

Indian as well as global corporates are awash with money, after the crazy bull run of 2021. What happened during the franchise auctions may happen this time as well. The major contenders as of now are Disney+Hotstar, Sony, Zee and Reliance. The competition is actually more fierce in the online streaming sector, when compared to cable TV. Apart from Disney+Hotstar, other platforms such as JioTV, SonyLIV and ZEE5 are looking to increase their market share. On the cable TV sector, Sony Sports, Sports 18 and Zee Sports are looking to break the monopoly of Star Sports.
For streaming Amazon was right candidate, unfortunately they are out. I really loved their cricket based streaming. In comparison Hotstar (buffering etc) provides horrendous user experience and it looks like they don't even care and just want to increase their subscription base with cheap fees. SonyLIV is also same.

Get ready for more shitty ads in all this drama. I hope that these companies also considering ad-free cricket (additional category of subscription) to their audience, they can even charge extra for that.
Do not know about sonyliv but hotstar is quiet pathetic in livestream. I am using a high speed broadband connection and still the live matches tend to buffer quiet often when I am watching them on hotstar. Amazon is far much better when it comes to livestream. They will not remove those advertisement bas it is another source of income for them when they are paying so much to get exclusive rights to the matches.
2954  Economy / Services / Re: [OPEN] WasabiWallet.io Signature Campaign | Up to 0.005 BTC/W on: June 11, 2022, 06:01:52 AM
Username: pakhitheboss
Current post count: 4669
BTC SegWit Address: bc1q2uv7h0ukez0jcp9qr9gg8m0804dnfvc7x9a3qu
2955  Other / Meta / Re: Why The Number ‘‘120’’ Is Important On The Forum on: June 10, 2022, 10:14:30 AM
If you buy a Copper Membership you can then post pictures as a newbie. The other features like accessing the signature panel can only happens after you become a Jr Memeber. I don't think the number 120 has a significance in accessing the forum features as there are options available for it. I still loved reading your post but such post won't have any big significance on this board.
2956  Economy / Gambling / Re: Stake and primedice are the worst gambling sites on: June 10, 2022, 08:40:35 AM
I still don't know why people are making stake and pd look like the best dice sites when they are actually the worst.
1. They do not give you loss back.

2. The top high rollers are fake meaning you will never win first place Or the fake lotteries.

Why are people hyping these useless sites when these sh*t things they do are obvious.
And yes some clueless or paid supporters will come trying to refute this claim. And I will ignore them like I ignore plagues.  Grin
I am not sure why you are so upset? I have used Stake for a long time but have nenver seen anything wrong with them. I cannot comment about primedice as I haven't used it. I won't say that stake is a hyped casino but I would rather say they have a very agressive marketing team who are constantly coming out with new offer to make that hype. If you have anything to prove your accusations then you should put it out here.
2957  Economy / Gambling / Re: Question for regular casino players. Will you use Lightning if available? on: June 10, 2022, 06:43:20 AM
Actually, no.

But simply because I haven't used it for anything yet. On some sites I use I have the option to pay in bitcoin using LN but I haven't done it. I suppose that in time it will become widespread and I will end up using it, but not at the moment. I don't really use altcoins, so I will continue to use Bitcoin and maybe in the future LN, but not exclusively for gambling.


Making use of the lightening network on gambling site can be encouraged but it has more advantage from one end than the other,  the operators of the casinos stand to benefit more from this than individuals gamblers and if lightening network can be a thing of optional and choice just as it has then many gamblers wouldn't prefare the network for effective usage all because they would have easily use ordinary transaction than to LN, and as for the casino operators, this will safe them time and fees required when making payments to users.
I think the casino operators or owners should give an option to their users whether they want to use LN. Without giving an option no one here would able to find out whether their will an increase in demand to use the LN service in casino. If it is a succes then obviously other casinos will follow.
2958  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 10, 2022, 06:33:58 AM
As a result of a dream chase by Miller and van der Dussen, the host team lost to the Indians despite setting a big target. Killer Miller literally destroyed their IPL mates thanks to their pathetic bowling. India's bowling card is poor due to ignoring its mainstream bowlers. They select a poor bowling selection. The decisions Pant makes demonstrate his immaturity as a captain. Only Rohit Sharma will lead India at the World Cup. In his team, he will have Bumrah and Shami, and I am anticipating a good outing.

The performance of Indian bowlers was very uncontrollable. South Africa lost their first wicket in the third over and their collection was 26 at the end of 3rd overs. At the end of 5 overs, South Africa lost only 1 wicket and collected 60 runs. If Bhumrah had been in the Indian squad, then perhaps the performance of the Indian bowlers would have been a little better. If the bowlers fail to perform well in the next match too, then India will lose again.
Bowlers are surely to be blamed as non of them were able to stop the run chase. Spinners were also useless on the pitch. The fielding of the Indian side was not that good too. Shreyas Iyer dropping an easy catch, if taken it might would have changes the game. Very disappointed with the overall performance of the Indian side.
2959  Economy / Scam Accusations / Re: Scammed by Fairspin.io on: June 09, 2022, 09:22:45 AM
They also recommended to me that i should continue betting, so they could finish their "security check" faster? WHAT? This doesnt make any sense.
https://gyazo.com/9c4d044ae95028f143712e38d7f805e2
I don't know how trustworthy they are but this feels bullshit. how does your betting help their security check? if they have an explanation on why your betting would help finish their security check faster, I hope they explain it. at the moment I agree with AnotherAlt, no offence to fairspin, but it feels like they want you to play more in order to lose your funds.
It really doesn't make any sense! After all he is a KYC completed user who is asking for his funds. Such a delay need to be looked into by the fairspin team. They already have an ID here and they should use it to respond on this thread.
2960  Local / India / Re: RBI deputy governor states CBDC will wipeout cryptocurrency on: June 09, 2022, 08:13:56 AM
Lol! Sometimes these people act like jokers or political puppets of the ruling party. India is already enjoying the most convenient form of digital payment - UPI. Nowadays, we don't need to carry our wallet anymore while going out. We just need our mobile phone which can scan a qr code. I don't know if CBDC can provide any additional convenience here.

CBDB doesn't have even a slightest chance to destroy the crypto ecosystem in India or anywhere else.
That is what I am not able to understand. When you have already digitized INR through UPI payment system then what difference would CBDC make, when used within India. For International payments some countries have already integrated UPI and some will do in the coming days. Niether there is a demand for INR then how on earth will CBDC destroy private cryptocurrency?
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