I have stopped watching sports channel as they make me feel more depressed.
We still have the T20 World Cup and Oympics this year. I do not think they will be cancelled, most probably they might get postponed by a month or so. LOL.. a month or so? Dude, you really think that the situation will improve in a month? Here are some stats for you: Total number of COVID 19 cases (medically confirmed)- February 01: 14,553 February 15: 69,197 March 01: 88,585 March 15: 169,593 March 20: 275,593 As you can see, the number of new infections during the 5 day period between 15th and 20th March was more than what we had in the 15 day period preceding it. Still hopeful that the situation will improve in a month? Note: all the data taken from https://www.worldometers.info/coronavirus/ |
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In CoinDesk, they had put up a theory that the flash crash was caused as a result of PlusToken scammers liquidating $120 million worth of cryptocurrency, rather than as a result of the COVID 19 outbreak. If that is true, it will explain the recent behavior of the cryptocurrency market. The prices dropped as a result of the dump, and once all those coins were removed from the market by trading, the prices started recovering.
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^^^^ The IPL can't be conducted between June and August, due to the Monsoons. If they conduct it after that, it is going to clash with the schedule of other tournaments. And anyway, IPL 2021 will start by March 2021. So how can they justify 5-6 months interval between the two tournaments? My advice to BCCI is to cancel this years tournament and reimburse all the expenses to franchises, sponsors and the TV channels.
I hope that does not happen. Cancelling IPL can become very costly affair for BCCI and there are a lot of jobs in stake too. BCCI will lose some where around 3000 crore if they cancel IPL this year. I am sure they are monitoring the present situation and accordingly they will take a decision. At the moment the situation in Idia and across the globe has gone worse. Hopefully things should become normal by April. Please answer my question. Which one is more precious among these - 1,000 human lives, or $1 billion? More than a million individuals attended the IPL last season, and there is a good chance that if we witness the same number of audience this time, then anywhere from 1% to 10% may get infected from the virus directly. Will BCCI be OK with that sort of risk? |
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This is what Coronavirus (COVID 19) did to Bitcoin:  But still, I am glad that this rout helped to alleviate some of the myths related to Bitcoin. Some of the analysts claim that Bitcoin is different from other investment assets, and therefore it may be resilient at times of economic meltdown. But the exact opposite happened now. BTC has lost value even more than other assets such as equities and bullion. |
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I agree that a lot of this is for fear and scaring people however this has a big affect on sports. I do hope that the T20 world cup goes ahead but a lot relies on the football season in Australia because if there is a case of the virus with any player the season will stop and the finals may get pushed back which then would put a delay on the T20 world cup. I think that is why the football season in Australia has been shortened from 23 games to 17 games just in case the season is stopped and then hopefully there is enough time to finish the season before the start of the world cup.
It was a retarded step from the side of Australian rules football to conduct the Australian Football League, when on average 30,000 people are getting infected per day around the world. This sport involves a high degree of physical contact and therefore it puts the players at a very high risk from contacting the infection. There is still time to cancel this league, but if they don't heed to the requests, then I would ask them to be prepared to face multi-million AUD lawsuits once the outbreak is contained. |
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It has been almost a month since the Supreme Court made the judgement regarding the legality of cryptocurrencies. But here I am yet to witness any change in the ground situation. People are still afraid to use cryptocurrencies for payments, or invest in them. It may be legal now, but a lot many of the users are still confused about the tax implications and other complexities.
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I think there would be really more people who will be more active in online gambling sites, while the authorities have ordered to avoid going out in public places like casinos, and they are sports events that had been cancelled and postponed that we should be staying inside our homes or houses.
I don't think so. There are two major factors. First of all, gamblers who visit physical casinos regularly may not be comfortable with the online casinos. Many of them are middle-aged or elderly, and they may not be very excited with the online version. And secondly, the economy is in a meltdown state and even online gamblers may have to scale back their expenses and bets. |
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If you are holding altcoin before, I do not think it is wise to sell them because the price has gone down. However if you have some fiat, you can invest on top coin such as ETH and EOS. I personally hodl both btc and EOS and currently the price of EOS is a bit above 2. This is a coin that was above 3 dollars some few weeks back. So EOS is a good investment.
I'd disagree here. Unlike the case with Bitcoins, there is no guarantee that an altcoin will give guaranteed return in the future. Every now and then, new altcoins are being created. These altcoins are in most cases technologically superior to the old coins and as a result the older ones get obsolete. So if you hold these coins, there is a good chance that your investment may become worthless. |
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I came here thinking you all are discussing cricket or may be hope of some cricket matches starting soon but the discussion is something else lol
Checked Espn and they are showing results of old matches between Ind and NZ and now just articles about COVID 19 :(Guess all matches postponed till May now.
I'm currently watching Contagion, The Great Plague and Spanish-flu documentaries and realizing those days were miserable with people believing in superstitions and mass burials.
Die hard cricket fans can watch highlights of the past matches. Most of the two dozen or so sports channels in India are showing these old matches. But I never watch these ones, as I don't get the same level of excitement that I get by watching the live matches. So for now, I have stopped watching cricket and I am currently using the time to watch movies (both Hollywood and Bollywood) as well as for learning new skills. |
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Guys, I am telling this to you after going through some hard day's ETH sees massive upswing now. It broke the key hurdle of $130 level and gave a solid start and the bulls have gained some momentum in the market because ETH is closely tracking Bitcoins price action at the moment. I guess it depends upon the pump of BTC if it pumps I am sure alts will follow the same.
My outlook is still bleak for Ethereum. Until one of the two major negatives are taken care, I don't think that there is much of a future for ETH. First of all, the ICO market is in tatters. And this was one of the reasons behind Ether's crazy bull run in 2017. And secondly, the ETH 2.0 roll out is getting delayed over and over. Unless the developers take care of these things, ETH will continue to struggle at the market. |
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Bitcoin for cryptocurrencies is a reserve currency by analogy with the US dollar, therefore, the correlation of Altcoins and Bitcoin is an objective regularity. But of course, there may be significant deviations from the Alts market in one direction or another.
Well.. that is debatable. I would go one step further and say that altcoins don't have any independent existence of their own. They will not survive if Bitcoin is not there. Do you really think that coins such as LTC and XRP would survive, if there is no BTC? Even now, the vast majority of the trade for these coins are being conducted against Bitcoin. During the recent years, the proportion has deceased a bit, but alt vs fiat trade is still not that popular. |
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My favorite match would be the grand finals of FIFA 2018. My bet was on Croatia but I was awestruck when they were demolished by France. I was waiting for this matches every midnoght because it was sattelite based tv and I don't have the same timezone as Russia. 10/10 would watch it again.
LOL.. I remember this one, because I lost money betting on Croatia. To be fair, I knew about the outcome when that idiot Mario Mandžukić scored an own-goal in the 18th minute. After that, the morale of the Croatian team was down and France just swept them under the carpet. Well.. to be fair, Mandžukić scored a goal (for his team) in the second half. But then, it was too late for Croatia. |
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There is an almost disturbing downward change in the market price of cryptocurrency, and this is a general problem. Bitcoin as biggest cryptocurrency is taking a huge hit and it is spreading over to even major altcoins like BCH, stellar, litecoin and other promising ones such as Matic, Elrond, Vite etc.
Regardless of the negatives that people have about crypto in general, there has been many bears like this and the market has come back up. I strongly believe that the market will definitely come back green and that now is the time to fill the bag and acquire these coins on the low.
Bitcoin market share has increased from 63% to 65% during the last few days, so it is not correct if you say that BTC took the hit and then it spread the negative sentiment to the other cryptos. We all know the reason that caused this drop. And taking that in to account, it will be foolish to say that one cryptocurrency is going to get impacted much more than the others. If the market goes down, then none of the coins will be spared. Be prepared for that. |
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^^^^ The IPL can't be conducted between June and August, due to the Monsoons. If they conduct it after that, it is going to clash with the schedule of other tournaments. And anyway, IPL 2021 will start by March 2021. So how can they justify 5-6 months interval between the two tournaments? My advice to BCCI is to cancel this years tournament and reimburse all the expenses to franchises, sponsors and the TV channels.
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RoyalTeamBounty is one bounty group in which I was a member earlier. I took part in one or two of their bounties, and I don't think that I got good reward for my effort and time. I don't know much about their current status, since I stopped doing bounties by mid-2018. In case the group is closed, then there can be multiple reasons for that. I have noticed that bounty campaign managers are regularly blamed for failed projects, although it is no fault of theirs.
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But check "Death of a Gentleman" too. its about Future of Test cricket and all wrongdoing/mis-management of ICC + BIG 3 (Ind+Aus+Eng) or as some call it PIG 3  . Will check it out MI, currently Watching "Roar of the Lion -CSK" You nailed it. I regard Death of a Gentleman as the best documentary I ever watched (I think I saw it sometime in 2017). It's a must watch, if you are a die-hard cricket fan like me. The only negative it that it is a bit long (100 minutes, while I would have preferred a 60 minute version), and therefore there may be some lag. But still, I would rate it 9 out of 10 and give 10/10 stars for Jarrod Kimber and Jon Hotten. |
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Please don't have a false sense of safety. There is nothing called a "safe heaven asset" as far as cryptocurrencies are concerned. Even Tether (USDT) can't be rated as such an asset. Cryptocurrencies are one of the most volatile and risky investment assets available. In case you don't like the high volatility, then you should go for assets such as treasury bonds and bank deposits. Cryptocurrencies are for those who are willing to take a certain amount of risk.
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There is no company in the space that has done well for the space in the last one year than Binance, Binance also is the only exchange that is well prepared for the coming bull run. I love it when a CEO said something and walk the talk, He always said we build and there is proof to show that are building even to me more than enough
Nothing in the world of cryptocurrency is permanent. Back in 2013, Mt Gox used to hold more than 50% of the market share in cryptocurrency trading (even at its peak, Binance was nowhere near this level). But that didn't prevented that exchange from getting liquidated, all of a sudden. Binance is a giant as far as cryptocurrency exchanges are concerned. But we should never underestimate the risk factors. |
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I believe that online casinos will gain ground over normal casinos due to the negative effect that covid19 is causing humanity. Countries are taking security measures so that people do not frequent places of crowds. If we realize these contingency measures are replaced by online activities such as work, studies, entertainment, etc.
The effect on the gambling world of this virus will be enormous, in my country casinos were already ordered to close their doors and I can see this happening all over the world, many people also like to bet on sports and for the most part that is not possible anymore, so the only alternative left for those that want to gamble is to do it online but I suppose there is even a decrease in the activity of online casinos as people prioritize other things like buying supplies in the case of an even greater emergency. What is happening now is just the tip of the iceberg. This virus is so contagious and there are probabilistic scenarios which claim that the outbreak can last more than a year and hundreds of millions may get infected. COVID 19 is manytimes more contagious when compared to similar viruses such as MERS and SARS. Expect total collapse of the world economy in the next few months. Under such circumstances, no one is even going to care about the casinos. |
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Even if they dump BTC13,000 in one go, how it is going to impact the market? Bitcoin is having a market capitalization of over $120 billion and according to coinmarketcap, the daily turnover is over $50 billion. These 13K coins represent just $10 million, which is around 1/500th of the daily volume. So please educate me how this minute amount can have such a big impact on the Bitcoin exchange rates.
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