indeed for now Covid is paralyzing many sectors, especially global finance. and vaccines are the only way that can be taken to solve the problem of this deadly virus, but before the vaccine actually circulates it would be better if each person keeps his own hygiene and health so as not to catch this terrible virus.
Coronavirus spreads through air. Preventive measures, such as masks and social distancing can only reduce the risk. Even if you take all the necessary precautions, you can still get infected. So the only way forward is mass-vaccination. And there have been hardly any progress on this front, for the last couple of months. Oxford University/AstraZeneca recently suspended their Phase 3 trials. I would be surprised if an effective vaccine is made available during the next 12 months. |
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If your asking about "stable investment" then you are at the wrong place Because a Volatile market assures you nothing.
But if you can risk and know the consequences ?then i may say that In the Long run,I mean in future when you Hold then the profit will be indeed.
Like those early adopter of Bitcoin that taste their fruit after 8-9 years.
Right now, the only stable investment is gold. All the other investment assets, such as stocks, real estate, mutual funds.etc are behaving in a highly volatile manner. And if you check the Bitcoin charts for the last 6-7 months, you can see that the prices have fluctuated less than many of the established large-cap stocks. Bitcoin continues to be volatile, but this volatility is declining. |
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According to your wise analysis, on what percentage of possibility will this bounty, paid for by the American tax payers, create a successful tool to trace transactions in Monero? Is it high?
Even if someone is able to do that (tracing), SEC/FBI won't get anything in return. The vast majority of the transactions in dark market still uses either BTC or ETH. And exchange liquidity with XMR is so low, that most of the trade is occurring outside the exchanges. Let's assume that SEC manages to trace a few XMR transactions. The users are then going to move to another anonymous coin, such as Veil or Deep Onion. I would advise the SEC to spend that money on something which is more productive. |
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September 15, 2020. Entry of new coins such as Polkadot is disturbing the equilibrium, and at the same time the market cap of Stablecoins continue to rise. Total market cap: $349,646,467,839 ( +6.42%) Bitcoin: $198,730,984,178 (56.838%) Bitcoin forks: $7,768,722,149 (2.222%) Stablecoins: $17,976,664,215 (4.999%) Altcoins: $125,170,097,297 (35.942%) This is the change compared to my last post: Bitcoin: -0.905%
Bitcoin forks: -0.064%
Stablecoins: -0.036%
Altcoins: 1.005%OK.. here are the latest stats, after a very long interval..
Total market cap: $328,539,469,372 (+20.87%)
Bitcoin: $189,707,833,945 (57.743%)
Bitcoin forks: $7,508,477,333 (2.285%)
Stablecoins: $16,882,517,913 (5.035%)
Altcoins: $114,440,640,181 (34.937%)
This is the change compared to my last post:
Bitcoin: -4.445%
Bitcoin forks: -0.522%
Stablecoins: +1.104%
Altcoins: +3.862% |
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Yeah, that's because it's not safe to go out and do things like there is no pandemic. We're technically in a "recession" because we've had two straight quarters of negative GDP growth, but again, not because the economy has faltered on its own, but because of a health crisis forcing everyone to reduce economic activity. The recession will be "over" in that GDP is going to surge in the third quarter, but we'll still be far far below where we would have been without the pandemic. Characterizing the economy as being in "recovery" hides how bad things still are.
Recession will be there for at least two more quarters. Those who have burned up all of their savings are not going to splash their money, even if the restrictions on social distancing are removed. I am not sure how the GDP growth is calculated, but if I am not wrong, then the GDP of a particular quarter is compared to the figure from the corresponding quarter of previous year (for example, Q1Y2020 vs Q1Y2019 and so on). |
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Almost everything in India is being hampered by the economic crisis the effect of the virus has decreased a lot from before. Although it is difficult to give loans to banks, the central bank has started buying government bonds to ease the financial conditions. The Indian government has decided to increase the allocation in the health sector to deal with corona. The government has emphasized on providing salaries cash to the poor delaying payment of taxes providing loans and liquidity to small businesses and financial institutions.
Compared to the other countries, the Indian government has done a lot to help small business and the jobless people. But they can't give out freebies for ever, as the tax revenue has plummeted. As a result, the government has allowed a gradual re-opening of the economy. As far as I know, only a few institutions are closed as of now, including schools and colleges. But that doesn't mean that economy has recovered. Ordinary people are not venturing out that often and non-essential services are suffering as a result. |
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The third and the final ODI is also to be played at Manchester. I hope they change the pitch and make it batting friendly. Even though the presence of smith give a boost and confidence to Australian team but i will still say that it is 50-50 encounter and no one is a clear favorite.
Steve Smith has remained as the most consistent batsman for Australia. With Labuschagne also in good touch, I hope he will be able to strengthen the top order. Middle order still remains weak. Stoinis, Maxwell and Mitchell Marsh needs to perform consistently. And let's not forget the fact that these matches are a part of the ICC Men's Cricket World Cup Super League 2020. A win against England can boost Australia's chances of reaching the top spot. |
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Accepting Bitcoin is just optional for now and we can never tell which country has fully accepted Bitcoin at their supermarket or even in the big establishment. Not this time but for sure, there is a moment to come that Bitcoin is being used the majorities. There are still things needed to fixed before finally welcoming it and one of these things is SPEED, which we probably need an instant confirmation. Yeah, it just crazy to long a few minutes to confirm a single transaction and that it was not favorable to all users.
Instant confirmation is not possible with Bitcoin and you need a third-party payment gateway for that (such as BitPay). It similar to making payments with fiat cash, using PayPal or Visa. Direct payments cause unwanted complexities for both the merchant and the customer, in the form of taxation and market volatility. Also, no one will be willing to wait for 10-20 minutes, just to get a confirmation. |
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My country is not left out in this pandemic many jobs, hotels, industries, companies, airlines etc had been closed down due to low patronage there is nothing the government can do about it, this is a serious global economic crisis I hope a lasting solution to this pandemic is found early.
Although some countries had started opening up their airports to allow foreigners in thus to boast tourism and foreign exchange.
Many income earners who lost their jobs will rather stay in their respective countries to minimize cost of spending on tourism and other non essential jamborees.
Even if an effective vaccine is found and mass-inoculation is carried out, since so many people are jobless, it may take a long time for economy to recover. I am surprised that the stock markets are still surging upwards. I was expecting them to crash by at least 30%, but they have moved in the opposite direction. A few months back, I converted some of my savings from stocks to gold. But now I regret my decision, as the gold prices are going down. |
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Bangladesh not trying to reject the idea of quarantine, all they are asking to train separately during 14 days quarantine period. The main reason is after 14 days of quarantine, they are left with only 4 days for training which is not enough, then one 3 days practice match before series kickstart.
Since SLCB will be hosting them, the BCB needs to obey their directives. There is no point in escalating this any further. The Bangladesh squad can reach two weeks earlier and by doing this they will get enough time to train even after the mandatory quarantine. I would rather side with SLCB in this case. They have the right to make sure that the visitors doesn't bring Coronavirus with them. Bangladesh is one of the worst affected countries as far as the pandemic is concerned, while Sri Lanka has remained relatively free from it. |
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It will take time but it will eventually happen, I see cryptocurrency market cap growing past 1 trillion in the near future.
$1 trillion will not come from thin air. When you talk about such a huge figure, you need to give the justification for it as well. Nowadays, most of the cryptocurrencies are being solely used for speculative investment purposes. Unless the other uses, such as payments and smart contracts increase, I don't think that the market capitalization is going to rise in a big way. |
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Most of the countries right now are either pro-bitcoin or its just they aren't doing anything related to it like some regulations and the like.
South Korea and Australia are just ones who are doing moves to adopt crypto in their country. S. Korea is very open to new technology that is why they are at the top when it comes to this aspect.
I just wish that this will happen to in some countries in the future where most of the establishments will accept crypto as another payment system.
I am not very sure about South Korea, because a couple of years back I have seen threads here complaining that the government has forced many of the crypto-exchanges there to close. The users were facing a lot of issues related to KYC and taxation. I am not sure whether the situation has changed or not, but back then Japan was having much more crypto-friendly laws when compared to Korea. |
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I don't think it will solve the problem but it can help.
Legalization means less dirty product on the street, people not getting arrested for possession which means less time spent on chasing and processing them by the police. The police would be able to focus on real crimes instead of chasing kids.
I also don't think that alcohol is less addictive or unhealthy than weed. If alcohol is legal why not weed?
Commonsense doesn't work, when people who are brainwashed by radical religious views hold power. Ideally weed should have been legal all over the world. Not because more harmful substances are legal, but because it is the individual choice of a person to use it or not. Slavery to organized religion has made us to believe that for the betterment of an individual, the authorities should curtail his liberty and dictate the terms of his private life. |
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After the economic crisis the worst thing that will happen is the banking crisis, money is an important thing that becomes the wheel of the economy, but when traditional bank loans are hard to get, it's difficult to get a job, want to go into debt also has many conditions. as a result the increasing price of gold has helped the popularity of gold loans. The price of gold has gone up by 28% this year to 50,000 rupees per 10 grams.
The central banks all around the world are printing banknotes like there is no tomorrow. As a result the purchasing power of fiat currency is going down. The investors want to protect their assets from rampant inflation and therefore they are turning to assets that are protected from inflation, such as gold. Even now I have a feeling that gold is under-priced. In the next 4-5 years, I expect the gold prices to reach $5,000 per oz. |
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Paytm accounts are often hacked and used to buy bitcoins on websites like Localbitcoin and that is the reason of the received account gets frozen when the real owner of the send account report it to the bank, which doesn't mean all the trading activity accounts will be blocked by the banks when the country allows them to do.And this problems exists everywhere that is why stop trading with random newbie unverified accounts who are the one involved in such kind of activities.
I haven't heard about this, but won't be much surprised if it happens. PayTM doesn't have any additional security measures. If you can unlock the smartphone, then you can use the PayTM account which is installed in that phone.They never ask for any additional verification. Anyway, what is the use of additional features such as OTP, when the smartphone is already unlocked? |
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China managed to trap lot of countries in the debt run, and the list of countries are huge in numbers that is lot of trade wars going between China and USA to prove their dominance over the other countries.Maybe the real trap will be felt by the next generation people and they will become modern day slaves to the Chinese government permanently.If there is any country avoiding the Chinese influence in their nation then better keep doing that to save their nation from Chinese government.
It's not just China. Other countries such as France and the UK are also doing the same. You can see that most of the mining and timber industry in Africa is under the ownership of European or American corporations. They export the raw materials to the factories in their own countries and manufacture high-end products using these raw materials. The Africans are gaining very little from this. China started offering slightly favorable terms to the Africans and that is the reason why some of the countries started preferring Chinese investment. |
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I was wondering who used ATMs nowadays. There are a lot of exchanges not requiring passing kyc. ATMs charge higher fees.
That is obvious. The markup can range from 5% to 15%. But if you want complete anonymity, then there is no other option available for cryptocurrency users (I assume that there are no CCTVs installed near the ATM. Even if there is one, you can always use a mask and face-shield and say that it is to prevent COVID 19). Localbitcoins and exchanges nowadays ask for all sort of KYC documents. Peer-to-peer trading options are always there, but I would avoid them like plague. |
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Now I don't want the central banks to use this opportunity, to push forward with their agenda of abolition of physical cash. Already high-denomination banknotes are being withdrawn in many of the countries, with the most popular excuse being their usage in money laundering and drug trafficking. I don't have any issues with digital payments as such, but when the authorities use it for surveillance of ordinary people, I get uncomfortable.
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This is the most ridiculous and illogical thread I have ever seen in this section. How can anyone even think about storing their crypto-assets in exchanges, after all the exchange hacks and robberies we had during the last 7-8 years? You never know when a particular exchange will go down. It will happen all of a sudden, and in the blink of an eye, your funds will be gone. And this has happened to me multiple times. I lost my coins when Mt Gox went down in 2014. The same happened with BTC-e in 2017 and Cryptopia in 2019. After losing a large part of my assets, I believe that I have learnt my lesson not to keep any of my coins in exchanges. But what can I say about the others? After all, it is their individual choice.
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Odds are still favoring Tyson Fury. Right now, he is at 1.93. The only other boxer in the list is Anthony Joshua (21.00). Joshua's odds are not that good, but who knows? After all this year is characterized by the BLM movement and we may end up having someone from the black community as the winner. How can the BBC, widely regarded as the kings of political correctness go against it?
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