1xbet is a known scam website. I see you have already posted your review on Trustpilot, only if you could check their reviews beforehand! Also let me add that online betting in India is illegal so even Indian cyber security team would not help you to recover your money. If you approach them, they can charge you for your illegal activities. See if Game protect can help you in recovering your money.

Spot on!! I just want to add that Facebook will not find friends in the majority of the administration as well!! Facebook will have to push the government to define their crypto Libra in a different way that it does not look like a threat to the Banking controlled economy!

I see a lot of thrrad where people say out their bullish thinking towards Bitcoin and cryptos. I usually ignore those bullishness but this particular news holds something of significance. When the close aids of the world's most powerful person talks bullish about bitcoin, it becomes significantly important!!

Dear Mr. Akbar,

I am sorry to hear about your losses! I'm sure you had entered to the crypto market at a wrong time like many of my colleagues did. I have seen people buying bitcoins like crazy using their credit card back in 2017 when the price had almost reached the peak. These same group of people laughed at me when I first introduced bitcoin to them. They just couldn't digest the idea that a currency system can live within the internet with no controlling authority! Majority of them are still paying their credit card bills with 48% annual interest! Are they shocked, yes!

Now when the entire 2018 presented them an opportunity to recover their losses, they didn't realize it! They again laughed at me because I continued HODLING. Some of them even sold off their bitcoins when the price reached 3k USD because they couldn't face anymore losses and wanted to recover whatever is left! They didn't understand the opportunity and pledged not to go back to the bitcoin market because of their past experiences. I am sure they are shocked once again!

The above is one real example of closed minds and pessimism. I am sure your case may be different from theirs but it is evident that your experience was not great with bitcoin market. I will pray for you because that's the best I can do for you! We often don't realize when the opportunity is thrown in front of us because of our own mindset. Often we throw ourselves in to the advice of the self proclaimed investment gurus. The baddest part is that we don't listen to ourselves, we don't research or we don't keep an open mind!

I am sure that I would not make a lot of sense to you today! But it's my real experience from the crypto market. Patience and an open mind to learn from mistakes, are the key to survive. I wish you all the best!

Regards,
Avikz
An avid Bitcoin lover

What's the utility of Walmart currency apart from using it in Walmart? Probably some more vendor they will add so that you can recharge your mobile connection, pay electricity bills etc. Outside that, what's the utility? Same question goes to Facebook's Libra! Both coin will be stablecoin so there's no utility in investment as well! If the question comes to cashless shopping, we already have lot of wallets which we can use in several stores using our mobile phone, like Google Pay, Apple Passbook, Square etc. What's additional these two coins are offering??

They will just end up being another shitcoin! Mark my word!

Number of unconfirmed transactions as per blockchain.

https://www.blockchain.com/btc/unconfirmed-transactions

Around 5000 at the time of posting this link here. Not a very high number!

Now coming to the fees. Please check the below link,
https://bitcoinfees.info/

I don't see the transaction fees are high in any way! It was a real problem back in 2017 when the price increased to an unusual level. But after implementation of Segwit, the fees are kept under the control. See the image below,



What's the point you are trying to establish? Adopt Segwit protocol if you haven't done that yet!

You need to add one more line to it to make it complete. It is the golden rule of gambling! A lot of people consider gambling as a money making method which is totally incorrect! Because gambling is there to offer you a quick Adrenalin rush inside your brain and a shot at your luck! So add the below,

1. Never consider gambling as a money making method.

Then the list looks complete!

A statement from the article,


Money laundering and using of crcypto in illegal trades, have been two major pain points for many countries. Government servants often mention such terms while addressing the media when the regulation of cryptos come into the picture. But it is actually much easier to track such payments in a blockchain environment, thanks to the "distributed ledger technology"! I just hope that Ciphertrace and Elliptic will be able to bring some kind of vigilance around it so that we can win back the trust from the government and convince them to regulate and adopt cryptos in the main ecosystem!

Majority of the Asian countries are still skeptical about cryptos! Unless they are assured that cryptos are much easier to track than conventional money, they will continue to maintain such negative stance about cryptos! Just think about the endless possibilities of cryptocurrencies if these are adopted and circulated within the mainstream economy! 

How come it's a blow to bitcoin in any way?? Majority of the banks don't allow their users to purchase cryptos using their credit card since the surge of 2017. Is it even relevant??

Let Apple start off their journey in financial sector in the conventional way. Soon they will feel the need to innovate into digital currencies at some point of time! But Apple's decision is no way a blow on bitcoin!!

If you really trust your idea can be sold, register it first and apply for international patent before selling it to anybody. Because if you really see potential in your idea, it's better to safeguard yourself first and then go out to the market. Otherwise, any exchange can adopt your idea without benefiting you financially.

How dumbass thinking it is!!!

No government is taking the name of bitcoin alone or categorizing bitcoin only. If I take example of Indian draft bill, they have mentioned it as "digital/virtual currency with no controlling authority". That includes the entire cryptocurrency market.

Even if a government only bans bitcoin and we take your nonsense route to save ourselves. Government can just pass an amendment to the bill and make it a law!

It's great to know that another Asian country besides Jaoan is looking to regulate cryptos instead of planning for a blanket ban. Where major economies of Asia like India and China still maintaining a negative outlook towards cryptocurrencies. Regularization will definitely boost confidence in the local crypto market as a framework will be available to the mass. Also it will attract international tourists to use their bitcoins and travel in Thailand. Overall it's a win-win situation for common mass and administration.

I would strike out the first reason listed by you! I agree that the trade was between US and China has created confusion in the market, but that doesn't mean that the investments have started flowing into bitcoin. Actually we are too early to predict what actually has caused this current bull run of bitcoin. Same goes for the reason number 3.

Halving can be one strong reason behind this bull run. But that's just an assumption!

Nope!! Just a push towards digital economy and remain relevant for the years to come! Even Indian government has also started research and development on digital rupee as suggested by the last draft bill on digital currencies. But there's nothing to be excited about because whenever governments will release any type of digital currency, they will just be a digital representation of their strictly centralized currency system.

Sankalp Shangari is also the founder and CEO of LALA world. COSS is his new project and already started getting bad reviews as mentioned by erikalui. India is not a great place to start businesses around cryptos. So I usually stay away from any Indian project instead of supporting them. But COSS is registered in Amsterdam as I can see in their website so they won't necessarily come under the purview of India government it seems.

BTW, COSS requires KYC as well. Look at the below link,
https://cosssupport.freshdesk.com/support/solutions/articles/35000103546-kyc-guide

Bitcoin doesn't come with a censorship like Banks. So you can use any wallet (not online wallets) to send and receive any amount of bitcoins as per your wish. You can use Electrum or you can use Greenaddress wallet where you will get a desktop client and you won't need to download the entire blockchain. No censorship will bother you!

However, if you want to buy bitcoins without limits, some exchanges may bother you with KYC details! So if you are buying such huge amounts of bitcoins (like 500 btc), it's better to get in touch with the support team of that exchange and negotiate a better rate with them!

Ok first lets take a look at the letter written by V.G. Siddhartha to his own company employees,

https://www.business-standard.com/article/companies/full-text-of-letter-written-by-ccd-s-siddhartha-before-he-went-missing-119073100066_1.html

It raises a lot of red flags as to how Banks and government agencies are extorting businessmen and harassing them mentally! Otherwise the owner of nearly 4500 crore INR wouldn't have taken this suicide route! The cash crunch that you have mentioned here, was not always there! It was created after the DG, Income Tax blocked their deal and imposed hold on the shares in question. It's simple bureaucratic nature of administration of our beloved country where some random people pass an exam and start heading a government department! In my 9 years of professional experience I had the misfortune to work with an IAS officer for 2 years and I now understand what exactly Mr. V.G. Siddhartha was going through!

Anyway, I believe crypto wouldn't do much in terms of liquidity! In India, majority of the population thinks cryptos are ponzi scam because they have been educated in a negative way. 99.99% wouldn't use crypto at CCD at the first place! Probably its international outlets would have seen some minor % of sales in crypto but not certainly in India!

Are you sure about this number?? Looks exorbitant!!

Blockchain technology can't help in identifying bank issued notes until a microchip is installed in that note! There has to be a tracking mechanism installed in the physical goods to attach it with the controlling blockchain, otherwise you won't get the desired output! Because two notes with same number can't exist and a tracking mechanism is needed to separate the legal note from a counterfeited note! I am practically getting no other solution to it!

Even after reading about the red flags and bad reviews, you wanted to jump! What's the point in crying now? A little Google search revealed the below link to me,

https://casino.guru/bitcoinpenguin-online-casino-review

If I were you, I would have never opened their website itself!!

There are several ways for distribution of a coin! Faucets are mainly a business tactics and in majority of the cases, faucets are not owned by the coin owners! So if you think of a large scale distribution channel, faucets are definitely not the most effective way!

ICO/IEO is by far the most effective way of distributing cryptos. You can also consider bounties as a distribution method with mutual benefits!

There is no particular way to discover how a crypto was distributed in the beginning. But you can certainly search google if a particular coin had announced bounties or not or if they have facuets or not! There's no structured way of finding this.

Why would anyone need to submit KYC before reaching to a certain threshold??

Bitsdaq looks pretty normal to me like any other random exchange build out of an ICO. The UI is very familiar to me which looks like built from an open source exchange software without going deep into customized coding. I don't see any specialty in this exchange which can make them worthy of a special mention!

What's unique in this platform which we won't find anywhere else??