Uhh Idk if I converted it right but 110 crore equates to around $14m - $15m? Is that correct? Anw to answer your question, if this has been done through Bitcoin, there'd be no remedy needed imo. Transactions are pretty transparent, and there'd be unique id's for everyone via wallet addresses, so I doubt there'd be an issue. Even if they still did the same tactic where addresses from other towns where added, it'd still be pretty easy to trace once someone notices something, as well as it being easy to actually identify who was the perpetrator.

Can't help it, afaik, there's always dirt somewhere in every exchange out there imo. Still, it is in comparison with other exchanges plus to be used by newbies, so Binance is a fitting choice, especially with the amount of people that use it, others can easily ask questions about it and can easily be answered due to that. There's still DYOR factors though even after you choose an exchange to use, so I guess they can find out about that dirt after integrating themselves into the exchange.

The old are stuck in their old ways, they set the path because they've experienced it and think that that's the best path, but really, that just brings stagnation since it doesn't really provide an improvement on ANY matter. The young are innovative and explore the ways since they see the world in a different light and can think up of things that others can't, and aren't really afraid to challenge it. Props to twitter peeps who voted for the Kid option, It isn't just to make fun of Peter Schiff or anything, rather it's the actual truth.

Idiotic advice would remain idiotic even when someone with reputation and experience says it. Imagine using your age and reputation to prove that your own opinion is right, anyone in their right mind wouldn't compare it like that.

The cost of having to store your own money is that you risk losing it on your own. If they own hardware wallets, then that can be mitigated, but if not? There's a huge risk involved in there, and you can't really blame anyone but yourself. Pretty much the difference between centralized and decentralized is in the former, everything is basically left to others while supporting you, but you have to pay them, while the latter is basically up to you to do most of the stuff.

It's easy to say since you know about it, and you have some let's say experience with tech in general, but for others? I doubt it. Going into the unknown realm of crypto is like going to the unknown of two or more things, crypto itself, as well as the internet. Most people only know the usage of the internet as either something to connect with others or to copy and paste their questions and that's it. Besides, crypto has some pretty complicated words, and if they had the same caution as me where I tend to learn pretty much everything before doing something to avoid any mistakes? Then it'd be a lot more difficult.

I'd give up on that if I were you. Just continue loving and adopting Bitcoin, or doing whatever, there's almost no sense in arguing with FUDsters and the like. If you were to introduce BTC to a newbie, then maybe use the story, but for haters? Nah. We all just have to accept the fact that when there are lovers of something, there'd also be someone who'd just step up and hate it straight down without an ounce of research done about it.
If its stats, then the link provided by op should be more than enough. Research about this would basically concentrate on past events anyway.

I doubt there's an issue if they ever want to? Though it is imo, an inefficient way since most companies would convert fiat > BTC then given to employees as salary, then employees would simply just convert it to Fiat again. Although this does bring transparency towards the system of a company, none would probably even want to use it still. The main problem is about adoption of BTC right now, though if we do ignore that and think of BTC as the norms of currency, then it still wouldn't work imo. I'd rather think that governments would create their own blockchain to show transparency of payments and the like, and BTC would then mostly be used as a form of currency for specific scenarios mostly, (or whatever the owner wants to anw).

As for the issue of legality, if adoption comes, then it being legal is a matter of course, though I doubt there's even a law banning salaries to be paid in Bitcoin even now, probably because not much has been shown about it being used as salary?

We each have our own plans, and most cases, as you said, people have a certain "goal" to reach before grabbing the opportunity. But here's the thing, what if their goal wasn't $15k? Wasn't $20k? Then their choice would be completely understandable. Even if you did say that they could've been satisfied with the 30x return, you're not them, so they may not actually be satisfied at all with that goal.

That, and another reason would probably be greed. People are pretty greedy, sometimes price has reached their set goal but they see that it still actually grows, what do you think they would do? Ofc, adjust their goal, thinking that they can still "profit" more off of Bitcoin. Well, time will tell whether they're decision is actually good or not, and besides, they've hodl it for more than a few years, another few or more probably wouldn't hurt their pockets that much.

Blessing in disguise? I see nothing of the sorts tbh. I only saw this as hastening whatever doom that was supposed to happen in the next few years. Yes, viewing something as positive instead of negative may bring more life into us, but let us not face away from the harsh reality now shall we? Reality is the painful truth we must always accept, and basically there's nothing we can do about it.

Also, if staying at home were the solution to everything, people would've done so in the first place. Sadly, it isn't a solution, it's more like a paper or tape that was plastered over a broken glass that's filled with water, it's a temporary solution so that those that have the power to create a reliable solution have the time to do so. Sadly, it wasn't really a success. Responsibility to not go out? But it's also their responsibility to feed their family no? To support their family? Life IS important to them, and that's why they're leaving their houses to work, to take responsibility for the lives of theirs as well as their family.

I really doubt that VR casinos would be famous, at least not now. One is that third world countries would have pretty much difficulties when buying because of finance (and they'd probably instead want to gamble the money spent to buy VR gear into playing instead), and two, VR is pretty much at its baby phase, so I doubt a proper one could be made at this point. I do admit that a VR casino seems pretty good, imagine it
being like VR chat where you just socialize with each other while playing some crypto games, it pretty much looks amazing to me imo. But as I said, implementation and adoption are still pretty difficult at this point, since I doubt there are many who own VR gear that are actually gamblers.


A quick lookup made me find this
https://aliveplaycasino.com/ they have VR, I'm not just sure about if it's legit or not so try it at your own risk.

It probably just coincided with the BTC decline. I see no actual reason why the reason for the price decline being about Porn accepting crypto, like, I'm pretty sure that people on this community know that crypto fits with the system of payments in porn, and afaik, porn is a pretty legitimate industry and a pretty big one at that. I really doubt someone would just dump BTC to the market just to prove a point that he/she hates porn or something.

Then we can also assume that it isn't because they hate porn no? It may be for some other unknown reason that is only known to those insiders or something. We'll never really know about it though since it probably involves either private reasons or something of the sort.

Well, it is a speculation, and I'm pretty sure that people complaining about the floor is around the minority. I suppose most are actually discussing mostly about what price it could possibly be around the end of the year and when does the effects of halving happen in the market. Those speculations that are obviously way too high or way too low are just pretty much people spouting random numbers that are clearly far from the normal speculations that people have.

Besides, setting a ceiling or floor for daily trading seems quite useful, it's basically like buying in dips and selling at rallies kind of strategy.

Yes, it works, back then that is. Casinos pretty much countered this by having a few decks in play so that card counting is REALLY hard to do anymore. It increases your chances even though the chances are still pretty low imo. If it were one deck, then your chances are pretty good as long as you're able to card count properly.

It isn't completely illegal per se, but some people can't really card count on their own, so they ask for others to support them, and THIS makes it illegal. It's like those movies where there's a third party behind the bad guy that's winning. Card counting on your own is legal itself, since it is a skill, and you're doing it yourself (without any external device that could help that is).

Supply and demand. Price mainly fluctuates due to how volatile it is right now, but a middle point should be achieved in the future since supply is still currently increasing. There are a lot of speculations out there, and mainly due to the idea of Bitcoin being an investment, it resulted in fluctuations in the price, especially during times where speculations and the like spike up, whether it be positive or negative news, as long as it's news about price speculation, it would always affect it one way or another.

Also due to the decentralized system of BTC, it can't really be affected by any centralized government, even if they tried to. Even if BTC has no backing, it is because of such that no one can really touch on how the market moves and would solely rely on supply and demand.

Use simplywhois.com. It's a site that basically gets the basic info of a site, when it was made, when it was last updated, etc. stuff like that. Whenever you're visiting any site that requires investment, or HYIPs (though tbh, any HYIPs even without looking at their site history is already a flag of a scam) you should check WHEN their site was made. If it was recent, be careful and tread carefully, if it was made a few years ago, look up its past transactions on various sites such as Reddit or here.

Additionally, don't trust anyone you meet on the internet. No matter how much background info someone gives, just don't. Do your own research, only trust yourself, and develop from there. You're dealing with money investments here so it's really difficult to trust someone, with how many greedy people are out there.

Avoid anything that says they would return you 200% (or more) of whatever you invested, those are flags for scams. Even if famous people did so, better not do so, especially with how recently such issue has happened. Tbh, anything, or any giveaway, that asks you to pay or give money isn't really a give away already, more like it's a promo or something. The word "giveaway" is used to make it seem like you're actually winning, but let's be real here, you're losing a lot in this case. It's almost like gambling at that point, and really, I think gambling is more trustworthy since a win guarantees a return back, while giveaways still have that chance of you getting scammed.

Simple solution to everyone's plight regarding giveaways is actually the harsh reality, there's no easy way to earn money. Just work hard and smart, you'd see returns after a few years.

Or get a hobby. It can be something else like gundam building (the one with lots of parts and seem like a pain to build), playing games, etc. It can even be to develop your abilities, or maybe just take apart anything inside your house that could be taken apart as long as it isn't really in use. Not that I blame people from gambling, but they should really find something else to do. I can't really say that I can feel what stressed and depressed people feel that made them go into gambling, since even if I was depressed, gambling was never really an outlet, but imo they should really find something else as an outlet. I for one like to read and that can really be a sort of outlet for me since it kind of calms me down after a few pages.

It's plenty fine to spend money on hobbies and the like compared to countless expenses in gambling. Buying that piano you've always wanted seems like a better investment than losing your money in gambling after all. Anyway, good luck to those gamblers with problems right now and I hope for the best for them.

Remove this and the idea is basically set and correct already. Any factor other than supply and demand is just a supplement to demand itself, so it isn't technically wrong to say that only supply and demand are the factors that affect BTC, and the rest affect demand itself. And to note, some Governments has set rules with regarding to crypto, and some people use their bank accounts/credit cards to buy crypto from a centralized exchange, so the process is still there.

And this is honestly the prerequisite to someone being scammed, believing that a company is behind Bitcoin. Just a bit of sweet talk and they can easily be made to join their Ponzi schemes which are honestly depressing especially with how we're in the era of technology and information, a less than minute research in google should be more than enough to know how Bitcoin is a decentralized system.

I'd like to think of it actually as only Supply and Demand being the direct factors affecting BTC price, while the rest of the factors affect the demand for it. Ofc, an easy explanation would be every factor possible affects BTC in general, but I'm pretty sure such a notion is pretty wrong. It's like Supply and Demand 100% affects the market, while the rest have a 50/50 chance of actually affecting not the Supply ofc, but rather the demand. This makes it a lot clearer that the rest of the factors except for supply and demand aren't really accurate most of the time, and could actually prove to be opposite of what most actually speculate it to be.

Well, it was quoted as "persuaded" though. It may seem stupid ( and it really is ) but it only looks like that at this point since we KNOW of what happened already. Persuasion is called that since it has the power to persuade others, through various different means, and honestly, without even knowing what's going to happen, it's really possible for others to get persuaded. Victims are probably people who were on the older side? That, or ignorant ones regarding how scammers do their stuff.

I've had my fair share of fake calls, from saying that my dad went into debt and I need to pay right now or they'll kill my day, from my mom being hit by a car and they called me so that I can transfer hospital funds for payment immediately, I suppose they used similar schemes, taking advantage of their panic possibly.

Simple ones that you don't really need any assistance with would be using different passwords in different accounts, using different characters with your password (letters, numbers and special characters together), Don't visit pirate torrent sites or anything of the sort, if you REALLY have to, use a new pc or a laptop, BUT don't use any of your accounts on that pc just to make sure that any malware you'd get would stay there. ADditionally, try not to link any personal details EVER into any of your accounts. If someone really wanted to, they can easily trace your personal information if you managed to leak it accidentally.

As for wallets, the simple solution is not to use any type of online wallet. It's a risk that you can't even control after all, so it'd be a complete waste if something ever happened. Also VPN is mostly for privacy as others have said, as well as accessing other sites normally unavailable to your place, so don't place too much trust in it. The best security is still you after all, so it'd probably be better if you used something else.