The first part is really good for Indians. Binance is a hugh liquidity exchange so I don't see issues there. But I am actually worried about the second part of the story.

I am not sure how my bank will react if I receive a credit from a known crypto exchange!! There has been reports that SBI and Axis bank has freezed few accounts in suspicion of crypto tie. That area needs to be clarified first!

Edit: I was so worried about Indian legislation around cryptos, I have never explored any Indian exchange for my trading needs. Now I realize Wazirx also added a p2p trading functionality which splendidly answered my doubt! It's a great progress indeed!

There are number of ways the world can employ to fight such things. Increasing interest rate is one of the major weapons to fight inflation. It will create different situations for different group of people. People who are living on interest, will be benefited and people who are paying huge loans like housing, will be hit! None of these scenarios will make fiat worthless! So put that possibility out of the equation.

But yes, such kind of scenario can give a good boost to cryptos like Bitcoin and assets like Gold because there will be a group of people who would want to safeguard their capital. Nothing more can be expected!

This is where we need to change our own mindset. If people think that we need a token or a crypto for every single thing of our life, we are all set to transfer our funds to those scammers who made you believe that! They have duped a huge amount of money and I am not sure how they have done it! Probably they have bigger brains behind their activities who are hidden from the public eye.

Stop believing that we need cryptos in every areas of our life. We don't need a separate crypto to buy breakfast and a separate one to book your flight tickets. Tokenization of every asset is not required and it will eventually lead us to loose money! Understand this simple logic and stop investing in any ICO!

In that case, start following the Crypto Kanoon in various platforms like Twitter and Youtube. Below are their social media details,

Twitter: https://twitter.com/cryptokanoon
Youtube: https://www.youtube.com/channel/UC8FCcWDNe2N8EfEiVd7AwtA

They are a group of lawyers who are fighting a similar case in India as well. Keeping in mind, the legislative framework of India and Pakistan are somewhat similar, it can help you immensely. They always update the details of the arguments that happened in each hearings so you may find that useful.

Literally makes no sense! I am sure, the Prime Minister himself doesn't know anything about cryptos, neither his sidekicks! Our judiciary system is completely jacked otherwise our Prime Minister and Home Minister wouldn't have been acquitted from the case of Gujrat riot. If the judiciary system worked without any bias, Salman Khan would have been stayed behind bars. So I simply don't expect anything positive on the crypto case as well.

Government will do whatever they want to do and we as a common people, will only suffer! RBI literally sees cryptos as an evil of the decacde!

It was really expected! The question was - when? From the past trends we have seen such kind of downtrends whenever the market goes up beyond expectation. Traders are just booking their profits so the supply increases suppressing the demand, which leads to such quick fall! And the trend also says, the bulls are usually back in picture quickly to reap the benefits. So, chill and watch!

Since it is an initiative by Fincen, we can safely assume that the regulation will give more power to legal authorities against the misuse of cryptos. It may also include the power to scrutinize crypto users and their transactions, especially when it talks about transparency!

US is slowly becoming crypto unfriendly country with its stricter rules and regulations. It seems like they are ready to loose important business opportunities in the future for the sake of stupid regulations relate to transparency! Well, some other countries will reap the benefit then!

On the contrary to the general trend of cryptocurrency market, Ripple always tried to work with regulated entities like banks or international currency exchange services worldwide. They have clients like Amex, Santander, Moneygram and even State Bank of India. So if I look from the business perspective, Ripple is going to do well in long run! So if you are planning to invest on ICOs, try Ripple instead.

On the other hand, Ripple owners keep on dumping huge number of coins to the market at certain interval to increase the supply. Just few weeks back, they have released coins worth 1.5 billion USD to the market. In future, they also have similar activities planned as well!

So decide accordingly!

I appreciate your courage mate! Please remember the golder rule of crypto trading - never invest anything that you can afford to loose! I hope you have kept a small budget for this experiment because it sounds really very risky!

As per the current coinmarketcap data, it seems like you will have around 70 coins to choose from so it will be a big gamble because market cap data is often deceiving. I will rather suggest you to use daily volume. If you choose among coins with 100 million daily volume, it will narrow down to 40 coins only. It will reduce the risk factor drastically down. Think wisely!

Trading signal providers are proven scam. There are people who have also started providing managed portfolio services where they are offering to trade on your behalf and share a percentage of profit. My discord account is full with such non sense invitations. I don't know how people realls falls for such scams and then cry for loosing money!

How to detect:
1. Check resource allocation using task manager. Identify any unknown program using high resources. It's a manual process.
2. Buy a licensed version of nternet security package which contains anti virus, anti malware/spyware and live internet usage. It's automated and easy. Don't rely on free to download antivirus softwares

How to protect:
1. Check point no 2 above.
2. Don't download random softwares from the web.
3. Strictly don't use any torrent related websites

I think you will do just great if you follow these instructions.

What is Anypay anyway? While in 2020, we are seeing that the transaction volume of bitcoin doubled, now this fool comes to tell that BCH has taken the top spot. Rrad the article below,

https://thenextweb.com/hardfork/2020/01/16/satoshi-nakaboto-bitcoin-trading-volume-now-over-double-the-yearly-average/

It seems like Anypay works only with BCH community and Roger had invested a good amount of money to keep these shills well fed. Will be a grace to ignore!

I won't say partnerships are compulsory but it's a good to have parameter, especially with known and trusted brands. It certainly adds to the credibility factor of a fund raising project. ICO market in general, is facing a huge lack of credibility. So good partnership really matters to fill that gap which in turn helps to receive investments. However, it certainly doesn't mean that partnerships can save your investment in long run!

Hope this helps!

One information error. Encash is not really a cryptocurrency of any sort. It's like a wallet which can hold your dirhams pretty much in a same way the bank hold fiat money. It neither uses a blockchain nor it is known as cryptocurrency. So they can be removed from the list. Also I doubt Encash is still operational!

Also looking at the list, you can't say the governments are positive about cryptoa. Because as you have rightly pointed out, these are just digital representation of the traditional currencies. It saves cost for the governments and provides them great insight on every transactions.

We will see more and more government joining this league in coming years. But that certainly doesn't mean that they are positive or bullish about cryptos.

I absolutely support this statement. It is a far better proposition to distribute these seized bitcoin among the community of less privileged people. Or even donating such amount to global organizations who works for the betterment of the society. But US is just trying to fill up their own reserve.


It entirely depends on the price of auction. If they auction the bitcoins as per the market price, we may see dumping. But it is highly unlikely to happen. Usually in such auctions, things are sold with a premium. If this happens, they we would not see dumping right at this point. So it depends!

The deal:
The five-year deal, announced Monday by Vermont’s Agency of Agriculture, Food and Markets (VAAFM), is a production-ready solution for every level of the hemp trade, said Trace CEO Josh Decatur. Beginning in March, farmers and processors will begin putting all associated crop data into the Trace system, which runs on ethereum.

How does it work?
The two-year-old company, based in Vermont's capital Montpelier, has built an app users can share details through, and gas fees for conducting transactions are passed onto the users – in this case, the state government.

Why it matters?
It is one of the first times a state regulatory agency has decided to run with the ethereum mainnet. Practical adoption of crypto network in true sense!

Reference: https://www.coindesk.com/vermont-turns-to-home-grown-blockchain-company-to-track-hemp-with-ethereum

Voice your opinion!

There are two ways to prove that Craig is Satoshi.

1. Satoshi must have access to the private keys of the earliest bitcoins that was mined and stored in a series of addresses that hold 50 bitcoins each. These bitcoins were never moved since then. If Craig is Satoshi, he must have access to these wallets and he can simply move a small amount from one of these addresses to a different address. Pretty simple!

2. Mark the below address. This adress holds the bitcoin's first ever mining reward which we call "genesis block".

12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

Real Satoshi must have access to the private key of this wallet and he can simply sign a message to prove his real identity. If Craig can do it, we will undoubtedly call him as Satoshi Nakamoto.

But Craig couldn't do any of these till date. So no one really believes his claim. The Binance CEO wrote about this already. See the link below,

https://coingape.com/how-prove-identity-satoshi-nakamoto-cz-suggests/

Hope this answers your question!

There are two parts of the story. If this project has their own wallet where you can't keep any other cryptos, then it somewhat makes sense! They might be looking to validate something which you probably can check with their support team.

However, if they are looking for your personal wallet's private key, steer clear out of this. It is a scam attempt! Hope this helps!

It's great to know that you have made a good profit through socia trading. On the contrary, I have made losses in FBS. I tried to follow a hugely popular trader on FBS platform and lost $50 within few minutes. It seems they have issues with the allocation system where percentile factor wasn't followed properly. It was a really bad experience!

Copy trading is definitely a good option for newbies to see and learn. But it's risky at times if the trader you follow decides to go all-in!

I think you are looking for insights to invest. If we look for an investor's perspective, it is always better to invest in Gold rather than relying on a currency system which is prone to inflation, while gold is not!

That literally means, the purchasing power of dollar will decrease over time. But the price of gold will adjust based on the inflation and demand-supply cycle. So Gold will always remain as a preferred destination for investors!