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3441  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: July 24, 2020, 09:52:34 AM
Still it will affect due to the players walking on the pitches, so days passes there will be no grass but better have something other than nothing that is why they choose one stadium to play this tour.

The matches may be held at the same ground. But there is a chance that different set of pitches are used for them. As far as I know, most of the grounds have 2-3 pitches and the curator usually prepare 1-2 additional pitches in addition to the main one. If that is the case, then the concern about the surface deterioration doesn't make any sense.
3442  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 24, 2020, 09:46:56 AM
^^^ TV broadcasters should be reasonable in their demands. They wanted the IPL and now they got it despite the different circumstances. Now they can't make unfair demands like the schedule should be decided by them. Also, it needs to be remembered that this year's T20 World Cup was postponed, so that the IPL 2020 can go forward as planned.
3443  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you believe in Ripple? on: July 23, 2020, 05:07:30 AM
I never touched ripple and never will do. It has no use and token owned by some corporation which they can create infinitely and hold most of them. I mean what is the point to buy, hold them. Just avoid them.

Same here. All these years, I have avoided the temptation of purchasing XRP. It has become the 3rd largest cryptocurrency in terms of market capitalization, but I don't want to invest in a cryptocurrency that is heavily centralized. With anywhere from 80% to 90% of the circulating supply owned by a handful of promoters, I don't feel confident enough to invest in this coin.
3444  Alternate cryptocurrencies / Altcoin Discussion / Re: What old coins are you still holding? on: July 23, 2020, 04:55:35 AM
I don't know if 2 years to keep is an old coin but I have several that still exist till today or whether its a shit coin or not but actually I'm still holding it. LOKI, XTZ, DOT, I just got it from the beginning of the creation of it.

What is the point in holding coins, that are no longer actively mined or traded? From what I have seen, once a coin is dead it never comes back. The promoters move to new projects and for others there is no incentive to revive a dead coin which was created by someone else. Anyway, most of the developers opt to create a new coin rather than reviving an old one.
3445  Alternate cryptocurrencies / Altcoin Discussion / Re: Does bounty still kind of worth on 2020? on: July 23, 2020, 04:35:12 AM
Yes, it still has worth the proof is on one of the last bounty campaigns I've joined they are already in the market and so far doing great, I participated here for 8 weeks and the campaign has another round now, there are still good bounty campaign but I recommend that they picked those who are in IEO than on ICO, it's safer and profitable.

You got lucky there. Nowadays not many of the bounty campaigns are paying the rewards. Either the project fails to reach soft-cap level, or the promoters simply refuse to make the payments. Also, the influx of the IEOs have had a huge negative impact on the ICOs. But still, I am glad that you got good returns for your participation in the bounty campaign. That means that you chose the right campaign at the right time.
3446  Economy / Economics / Re: Korea proposes 20% tax on crypto trading starting 2021 on: July 22, 2020, 05:08:54 AM
This is as good as it can get. The proposed 20% tax rate is much lower, when compared to the same for the other countries. On top of that, small-scale traders who earn profits up to $2,000 per year doesn't have to pay any tax. This has to be one of the most encouraging news to appear here since the start of this year. But then, I hope that this law won't be changed further, because South Korean government has a habit of backtracking on their promises.
3447  Alternate cryptocurrencies / Altcoin Discussion / Re: Hackers Ask for Monero Ransom of US $ 7.5 million on: July 22, 2020, 04:57:02 AM
They are asking for too much and they are never going to get it. For far fewer amount, the victims can hire someone from Kaspersky or Norton and get their files decrypted. During the WannaCry attack, the ransom demands were much lower, usually in the range of $200-1000. BTW, this is the same group (REvil) which demanded a $42 million ransom from Donald Trump a few months back. I don't know whether Trump paid the ransom or not.
3448  Alternate cryptocurrencies / Altcoin Discussion / Re: Are Altcoins getting Boycotted? on: July 22, 2020, 04:42:18 AM
The Binance dominance above 65% shows that the investors making mind that Bitcoin will go up in Q4 2020, AS every year at the end of the year the Bitcoin investment increased due to some bull run predictions as usual by some big whales.

From where did you got the 65% figure? The last time we had that high Bitcoin dominance was more than a month back. Now the market share of Bitcoin is down to 62.2%, as per Coinmarketcap. And this represents a 5% drop from the levels we had during the block reward halving (67%). There are two major factors responsible for this decline. First of all, Tether and some of the other stablecoins have increased their circulating supply. And secondly, some of the second tier alts, such as Cardano and Chainlink are witnessing a big spike in their exchange rates.
3449  Economy / Speculation / Re: Bitcoin dominance hits 71.2%, alts lagging behind on: July 22, 2020, 04:24:54 AM
Yes, many altcoins are struggling to survive and for many of ttem that will end up bad, only few will make it at the end. Time just proves the true strenght of Bitcoin and no matter the negative price changes, which are normal, Bitcoin will remain dominant coin. Majority of altcoins are just the waist of time and money.

As per my rough calculation, there are some 10,000 altcoins and tokens in existence. Out of them more than 50% can be considered as "dead", as they are no longer actively traded or mined. And regarding the remaining 5,000 or so, very few of them have any real life use other than for speculative investment. I would put the number of altcoins with real life use at somewhere between 100 and 500. Examples are Ethereum (smart contracts), Tether (stablecoin), Monero (anonymous payments) and TRON (filesharing).

The remaining 95% to 99% are as you said, a waste of time and money.
3450  Bitcoin / Bitcoin Discussion / Re: Finally some justice, scammer sent to jail at South Korea. on: July 22, 2020, 04:14:49 AM
Those who get punished are like needles in a haystack. Imagine what could have happened, had this crime occurred in a developing nation, such as India or Nigeria? Less than 0.1% of the people who commit such crimes get punished. And this very low conviction rate is what is fueling the scams in the world of cryptocurrency. And even in this case, we don't know whether the stolen money has been recovered or not.

Also, we need to think how this people managed to fool so many people and steal this much amount of money.
3451  Bitcoin / Bitcoin Discussion / Re: Elon Musk Twitter hacked on: July 21, 2020, 10:17:24 AM
If I am not wrong, the criminals managed to steal only a small amount of money (~$100,000). This looks minuscule, when compared to the amount which is lost annually to exchange hacks. For example, there were 12 major exchange hacks in 2019 (and many minor ones), which resulted in losses in excess of $300 million. You can't even compare it with other crypto scams such as Onecoin and PlusToken, when billions of USD were stolen.
3452  Economy / Economics / Re: China economy and how they handle Covid-19. on: July 21, 2020, 10:11:32 AM
I feel a big reason why they survived the situation is also because they are economically very sound and since they were the first country that suffered they got extra time as compared to others and they already gone through the stages which other countries are now going through.

In that case economies of the US and EU are in better shape. So they could have fared well. That didn't happened. What happened in China is that the government strictly imposed lockdown measures without any laxity. For example, the city of Wuhan (which is home to 11 million people) was under lockdown for almost 10 weeks. The citizens had no option other than to stay at home.

On the other hand, in countries such as India the people didn't cooperated with the authorities. When the first lockdown (3 weeks) was announced, the people supported the authorities and stayed at home. But when the lockdown got extended, they refused to stay at home or to follow safety measures. And that was the reason why the situation in India worsened after doing well initially.
3453  Economy / Speculation / Re: Bitcoin dominance hits 71.2%, alts lagging behind on: July 21, 2020, 09:58:36 AM
It's been a while, but I am happy to see that bitcoin dominance has decrease, this means that altcoins are growing a bit and it still has a chance to grow. Hopefully the trend will continue, dropping bitcoin dominant rate will be good for the crypto market in general.

I don't understand how a dropping Bitcoin dominance can be beneficial for the cryptocurrency sector. What we need right now is a consolidation. As I have posted before, there are too many altcoins and tokens in circulation, and the market as of now looks over-saturated. There is simply no space for 10,000 or so altcoins in the market. The proliference of the shitcoins have had a negative impact on the prospects of technologically advanced coins, such as Cardano and NEO.
3454  Economy / Economics / Re: EU summit: Leaders reach landmark €1.82 trillion COVID-19 recovery deal on: July 21, 2020, 09:48:18 AM
Itīs easy to seperate 1 entity in 50 seperate ones, but it seems utterly impossible to unite 30 parts into 1. As a European, I think  itīs positive, since itīs in almost every country the same situation that there are already so many different regions that want to have different things compared to e. g. what happens in most capital cities. That makes it even worse on a bigger scale, like why should a cattle farmer from the French alps have a vote on Bulgarias refined petroleum industry? I give this EU till 2030, I donīt know even one person who enjoys being in that union....

EU has benefited some of the countries, while it had a detrimental effect on some others (such as the United Kingdom). For example, the Eastern European countries such as Poland, Estonia, Lithuania.etc benefited enormously from the EU membership. The citizens in these countries got the perimission to live and work in Western European nations such as UK, France and Germany. As a result, the economy of these nations received an enormous boost. On the other hand, countries such as Germany have also benefited from the EU. Germany, under Angela Merkel dominates the smaller nations, deciding most of the government policies. So it is mutually beneficial.
3455  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: July 21, 2020, 07:57:47 AM
Are you sure? FYI a stable coin is valuing only 1 USD all the times regardless of BTC is trading at $9k or $20k. Now, please enlighten me what are your plans with respect to stablecoin investments. (I am sorry to call stablecoin for investment purposes here).

ROFLMAO. I don't even understand the point in "investing" in a stablecoin. If anyone want to invest in USD, then he can do it using the direct method, i.e by accumulating US Dollar banknotes. Apart from that, you can either open a bank savings account with USD as the currency or purchase those US treasury bonds. The second option may give you interest payments as well. But what is the advantage in investing with stablecoins? Too many risk factors and zero benefits.
3456  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: July 21, 2020, 07:43:49 AM
I took a flight from one European city to another last week. Both cities/countries were not on top place in covid-19 case ranking (not even close to top20). It was mandatory to wear mask during whole flight. Guess what - almost 90% of passengers put masks off after the plane took of. And cabin crew did not even bother about it...

ROFLMAO.... Here in India, you need to wear a PPE kit for the entire duration in case you want to travel in flight. The kit is being provided by the airlines and they are charging around $15 from the passenger for that. Since it is affordable, no one is complaining. But these measures hasn't slowed down the spread of COVID 19 pandemic here. Nowadays on average we are having ~40,000 new cases per day.

3457  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitcoin Cash A Better Crypto To Invest? on: July 21, 2020, 07:06:44 AM
The one thing I love about bitcoin cash is whenever it dumps it eventually comes back up that's one of the reasons why bitcoin cash is always in my portfolio. I have been trading BCH for a long time and so far I have never suffered a loss with it. But as always do your own research.

I have seen people arguing that BCH doesn't have any liquidity. But as you have pointed out, the market data has proved them wrong. Ever since BCH first came to circulation in 2017, it has shown consistently high trade volumes. And moreover, it has behaved like a cryptocurrency with low amounts of manipulation and this is evident from the fact that BCH doesn't had too many pump-and-dump cycles in the past.
3458  Economy / Gambling discussion / Re: US Presidential Election 2020 on: July 21, 2020, 07:02:59 AM
The unintentional effect of Trump's foreign policy is to weaken the US in the eyes of the world. In areas where the US led the world, they are now a weakness and a liability. The US is the world's strongest nation, and should be leading the fight against this pandemic. But the US is withdrawing from the WHO. The US is withdrawing from the Paris Climate Accord. It's almost like a return to pre-WWII isolationism.

I can't completely agree with you. Obviously the US isn't doing that well in its fight against the COVID 19 epidemic, and Trump is responsible for most of it. At least during the initial days, he downplayed the pandemic and refused to take the precautions. The lockdown was only announced after a lot of lives were lost and millions got infected. But that has nothing to do with the foreign policy.

Now talking about the WHO, I believe that he took the right decision. The way WHO handled the pandemic was appalling. Tedros Adhanom Ghebreyesus proved that he was the most incompetent individual to ever become the Director-General of the WHO. IMO, the WHO did more harm than good, with their stupid findings.
3459  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: July 21, 2020, 06:54:11 AM
However, I believe that Ethereum 2.0 news will be a very important milestone for the coin to rise in the near future.

I am not very optimistic about Ethereum 2.0. The team delayed its roll-out a number of times. And now they have announced that the roll-out of Ethereum 2.0 will be done in multiple stages, rather than doing it in a single phase. On top of that, there are rumors that the developers are not taking in to account the security issues, since they are in a hurry to roll-out their product.
3460  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 21, 2020, 06:45:56 AM
ICC is now very strict on match fixing issue. No player is exempted, we can see the case of world number one all-rounder Shakib Al Hasan, he does not involve in match fixing but he has been banned for 1 year for hiding match fixer information to the ICC.  from this we can understand that how much strict ICC on this issue. so, I don't think, if IPL will be held in UAE or Sharjah, no one will dare to do match fixing.

That's true. I don't want to divert the topic and talk about Shakib, but still I think that he was made a scapegoat by the BCB.

Cricket matches are not yet 100% free from match fixing. Recently, a number of players were banned after an investigation by the ICC found that match fixing took place during the Qatar T10 League. The same happened in 2019 with the Karnataka Premier League as well. And previously, there were instances within the IPL itself, when the team owners were found to be fixing matches.

Sharjah still remains as the hub of match fixers and that's the reason I think the BCCI will never allow any visits by the Indian national team to that city in the near future. The IPL is another topic altogether.
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