Change now is providing the exchange service and therefore the fees are high. They also provide the same service on Atomic wallet. Most multi cryptocurrency wallet are closed source and the same is applicable for guarda too. The only thing I liked about this wallet is that it is very light and has a simple user interface.

Sanctions have not yet affected Russia as was expected by the Western allies. The reason they are still dependent on the Russian gas. In my opinion if Russia wants to by pass these sanctions in the future then they would go for CBDC as it negates the role of SWIFT in cross border payment. You can find a detailed information on how CBDC can remove the monopoly of USD in this article.

After 2017 there has been a huge influx of new users. A large portion of new users are bounty hunters and bots. There are a very few who are here to learn, discuss and share their knowledge. Lately bounty hunting is no longer as profitable as it was earlier those users who realize it become in active. These individuals go out and spread the negativity about crypto as they only joined this forum to make money. This is one of the biggest problem at the moment according to me.

Volatility is what separates Bitcoin from other assets. I think the price of Bitcoin will only become stable after all Bitcoin have been mined, by that time it would also achieve mass acceptance and adoption. Gold has been an assets for a long time now whereas Bitcoin is still brand new. It is still very early days for it to discuss about its price stability.



 

I guess the owner found his old laptop and was able to also recover the wallet. Those that thought that a lot of Bitcoin have been lost know now what those wallets owners never lost it but were just hodling.

I would have also recommend you Ledger or Trezor hardware wallet but chances are that Ledger or Trezor can get you email phished out of your cryptocurrency that you are so worried about. If you are willing to take the risk then go ahead with anyone or you can check Safepal S1 which is far more affordable than the above mentioned hardware wallets.

1. Closed source code doesn't mean decentralized as here the user has to trust the developer. The developer is controlling the app, which makes it centralized.

2. Non custodial as per my understanding is a decentralized feature provide by both open source and close source.

I still believe being closed source doesn't means that the wallet is bad and it cannot be trusted.

Another statement from the same Rajya Sabha MP from the ruling party might give us an idea as to why the government has imposed such a harsh tax system for crypto transactions. This interview was published two days back and in this article, he has clearly stated that the government of India will make life hell for crypto investors.  Read the articles here.

Yes, it is a scam!

I have been receiving every day in my spam box mails wherein they claim that they will be crediting my wallet with x amount of satoshi or I need to complete a transaction in order to receive x amount of satoshi and many other sorts of tempting mail. I ignore those offers and sometime when those mail land directly into my inbox I move them to spam. Social media platforms are another space where these spammers will contact you and inform you that you have won x amount of money through a raffle, ignore them too. Keep this in your mind next time you encounter a scammer, nothing is free and if it is free then it is a scam.

As per the mempool transaction fee are well below 10 satoshi. I do not think that can be considered as high fee. If you use Electrum or Mycelium wallet you will be paying fees depending on how fast you want your transaction to confirm. There are other wallets that charge you a flat rate regardless of the current fees applicable. If you are using those wallets then the fees will be pretty high.

There will be a lot of Scam Channels on Youtube showing the live stream and asking you to send x amount of Bitcoin to get 2x, 3x or 4x amount of Bitcoin. Beware of such channels and do report them. If you are interested in watching the event live then below are the links that you can use.

Bitcoin Magazine's YouTube Channel

Live Stream for Industry Day - Mining Stage

Live Stream for Industry Day - Nakamoto Stage

Next days live streaming link will be shown on Bitcoin Magazine's YouTube channel before they go live.   

That is a scam token for sure. If it is APENFT then their website address is apenft.org. They are on BSC, Tron and Ethereum blockchain. They one which is being traded on Binance is APE and its website address is apecoin.com. It is an erc20 token. Therefore the coin that you recieved is a scam coin.

This is a common practice on tron and BSC Blockchain. Scammers create such copy token and distribute them to random wallets. Do not fall for such scams.

I am also the first one to find out that you can search on blockchair using a sentence or a word. This is really a great tool to use.

Found the block by entering the sentence "Last time to buy" on the search - https://blockchair.com/bitcoin-cash/transaction/9419aedede86f88216c197f1ce7ef9f7e10e0ce50dc6827dde2e1712f64b3433

I have personally never used a Bitcoin ATM but, I have read that the fees in these ATMs are very high when compared to an exchange. There have been instances when they have also displayed the wrong USD value of Bitcoin. Considering those two issues it would be wise to either avoid them or be careful while using them. I am not discouraging anyone here but why pay a high fee when you can buy on an exchange for less fee.

We will know surely in the next three months where the volume is headed. Forget about startups I am only waiting for news to come out of illegal exchanges operating in one of the major cities in India. I am sure those who are still trading have either found a way to cash without paying any tax or are making huge profits that the 30% slab doesn't matter to them.

Nothing can stop them! It is proven with the amount of finance they are getting from fiat based financial institutions.

I am not questioning what will they do with those Bitcoins. I am questioning what will happen if they continue buy Bitcoin using banking and financial institutions money.

To be realistic this doesn't sound okay for me.

This is the problem now days. This is not about long term hodl, it is about short term gain. There were many who made a ton with meme coins. Most Altcoins will not exist in a couple of years if they do not have strong fundamentals. They are about hype and if you want to cash in and cash out with hype then you are good to take that risk.

There are couple of multi cryptocurrency wallet that I have used. The first one is trust wallet as it is mobile based wallet I only use it to access BSC DEX and for transaction purpose. Guarda and Atomic wallet do have desktop version so of you want to hodl your crypto assets for a few months then you can use either of them. For long term hodling hardware wallets are the best.

I assume we all are aware of MicroStrategy and incase if you are not then you should do a google search or check their website. They claim they are a business intelligence software company which I have no doubt when I read about them investing heavily in Bitcoin. Now, the fact, they have accumulated more Bitcoin to date than those that will be mined over the next hundred years of mining the first Bitcoin.



A single entity that is constantly accumulating Bitcoin and is also able to acquire loans from financial institutions using Bitcoin as collateral to buy more Bitcoin leads to suspicion. One thing I am sure they will be controlling the USD value of Bitcoin in the future and this might not sound alarming for many here but it can be very bad if they side up with financial institution.

I would say government policies are the main reason. I am from India and recently the government of Indian has passes a bill wherein 30% tax will be claimed by the government for every cryptocurrency transaction. This law came into existence from 1st of April and already local exchanges are reporting a steep decline in volume.

How harsh this tax law is for the community can be explained with this example. If a person buys $100 dollar worth of Bitcoin, the user then has to pay $30 as tax. If the user incurrs a lost of $10 over the  invested amount still taxable amount is $30.