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Sounds like a good idea. You can also use these paper wallets and stick some of them outside public libraries, schools and universities so that people get attracted towards it and hence more people will find out about bitcoin. You can even keep the private keys in a place and make a puzzle out of it and the one who cracks it will get to keep the money. Things like these are a fun way to educate people about bitcoin.
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What China need is more people with good knowledge of defeating the Coronavirus.
Only when a solution is found for such a disease, the people will be rescued from death.
Just praying won't do anything, people need to think wise and join hands to defeat the Coronavirus.
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Well you do have a point there and I did get convinced but then I thought, why should I use bitcoin when I can use other online payments.
China has WeChat, India has Paytm, GooglePay etc... I am not against bitcoin since I like bitcoin too but I think using the term bitcoin is unnecessary here.
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I am not sure whether this is the right place to ask this question. Mods please move it to right topics.
Since corona virus has been declared as an medical emergency. why not we as a community donate some of our Bitcoins to help those suffering.
I need some good individuals who can help me to help those needy.
What I plan is very simple:
1 we collect Bitcoin.
2 we should know someone who can convert Bitcoin tol local fiat.
3 we then ask them to transfer that money to the needy or send foods and other necessary items to them.
If you think you can help me in this cause then do DM me.
Let's do it.
What do you think?
Please do not reply for the sake of signature campaign. I am serious and want to help those who need help.
Though your intentions are good but I would consider this complete stupidity. Funds are needed for those people who don't have any money to survive in this world. This is not the case here. People have the money but the doctors don't have any solution yet to defeat Coronavirus. They can only prevent it by wearing masks. |
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It feels really good to find out that people from your country are doing so much to bring change and that too in such an early age.
Reading this makes me inspired and motivated to learn and grow more so that I can do something innovative as well and make my country proud.
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Wallet maintenance fee? Looks something new for me.
Yes, and it's like 60 inr per month, if you make at least one trade in month you won't be paying fees for that month. I hope every zebpay wallet user is aware of it, otherwise they will be paying fees unknowingly. Yeah, Zebpay clearly mentioned in the announcement that only inactive accounts will be effected by the change they are bringing. Once we resume crypto-crypto trading, you won’t be charged a wallet fee as long as you place even one trade per month. Even better, if you trade the no-fee pair of the month (starting with BTC-ETH) you won’t pay a trading fee, either. source: https://static.zebpay.com/marketing/custody-fee.htmlSo I guess, Zebpay has planned their strategy well inorder to bring Crypto back to India. Still I would not consider it the same as before because they have not mentioned anywhere about crypto to INR transactions. May be they will just bring crypto to crypto trading or something like that. |
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I have been using my SBI account since 4 years and have been doing all crypto related transactions from this account only.
I have never faced any issue as such. Though I have heard some members account getting frozen but it was not an SBI account holder though.
Those of you saying it was just a rumor and they didn't know anybody whose account actually got blocked, I must say I know a person whose account got frozen and the person had to go to the bank to withdraw his money.
But these were the things in the past. From the last 1.5 years there's no issues with the banks.
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I had the choice of depositing and selling my shitcoin for a large profit, as this was the only exchange to list the coin at the time, or keep it in my wallet and wait for somewhere else to open up. So, I never had the chance to keep my worthwhile funds (BTC) on a wallet rather than an exchange.
You should have exchanged your shitcoins to some altcoin and have them withdrawn to your wallet. Anyway, since it's already proved that it was all a scam, there is pretty much nothing you can do about it now. You can only try to be more careful the next time. P.S: Request you to lock the thread when needed as there's no point further discussing it. |
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I wouldn't be surprised for such a statement for I already knew that Crypto is not banned in India.
The RBI had issued a notice to all the banks to freeze accounts of people dealing with crypto for security reasons as they say.
Nowhere was mentioned that a ban is imposed on cryptocurrencies. It's just the people to misinterpret it and spreaded the false information about banning crypto in India.
RBI cannot even ban crypto because it's the government who creates the law and not the RBI.
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BBC reported that a 75-year-old woman is warning others of the dangers of an online scam that has cost her her life savings. She lost 11K EURO!! You can see the news from here, https://www.bbc.com/news/amp/uk-england-devon-51205126Guys, don’t think too much to spend 100-150 USD, buy a hardware wallet right now! You are not safe in any online wallet by 100 percent! Articles like these ruin bitcoins name in front of the people. People like these in the media are really a shame since they give a bad name to bitcoin. It's the people's mistakes that they are not aware of such scams. People invest money without doing a proper research just to satisfy their greed and eventually get scammed. Bitcoin has nothing to do with all this bulltshit. Media is sometimes just too overwhelmed because of bitcoin's fame. |
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While there are many reasons why this happened, I particularly think that there might be 2 major reasons why this would have happened.
1. You might be using a pirated version of the Electrum wallet. There are thousands of infected versions of wallets on the internet.
May be you just got unlucky and downloaded one of those infected versions.
2. Your system might be infected with a virus or something that gained authorization over your system and made the second transaction.
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I don't think crypto is an asset to be used for the New World Order. First of all, the New World Order is something people have been talking in the past.
People started talking about it way before crypto was created. Secondly, most people including me consider it as a myth. There's gonna be no New World Order at all.
Even if whatever you said was to be "assumed" as true then I don't think bitcoin would be used as the currency because there can be better coins than bitcoin that will truly serve the purpose of a global currency.
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Stablecoins have existed in the cryptocurrency space for a few years, but only gained prominence in the last year or so. Stablecoins are cryptocurrencies that are backed by other assets or benchmarks, such as the US Dollar, and, as the name suggests, they are stable in nature — or are at least intended to be so. Bitcoin is known for its volatility and that has led some people to believe that, while it is a good store of value, it may not be the most convenient form of payment. Stablecoins that gained a lot of popularity, thanks to Tether’s USDT, are now flooding the cryptocurrency market. There are over one hundred different stablecoin projects that exist in the market today with several more still to be launched in the coming year. Cryptocurrencies are gaining traction not only from retail investors, but also from institutional investors, which makes it the most apposite time to discuss their role in mass adoption. Read more here: https://www.etoro.com/blog/market-insights/what-role-will-stablecoins-play-in-crypto-mass-adoption/ I think yes indeed. Stable coins have gained more traction these days and most popular stable coin Libra coin by Facebook gained a lot of popularity. Libra coin proved that mass adoption can be attained for cryptocurrencies as well. If only it didn't have to face all those judiciary issues, crypto would have already been globally adopted by now. |
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The price of cryptocurrencies have indeed increase significantly lately. Many people predicted a short rise in bitcoin's price before the halving.
So may be because of the hype people would have bought in creating a short spike in bitcoin's price.
The price is still holding well which is a positive sign for it to increase further in near future.
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I don't think bot trading will dominate the market any time in the future because manual intervention is definitely needed for bot trading.
There's the catch. Fortunately, bot trading is still not integrated with AI efficiently and hence there will be no threat to the market of bots dominating the market.
Algorithms needs to be constantly altered in bot trading which is done by us and hence it will still depend on us on how we bring the future for us.
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countries that developing their own currency will soon realize that it is not appropriate for them to have one instead they need to adopt bitcoin as a major currency than fiat .
i have a dream that 1 day every people in the world will seek to have Bitcoin but all of us here in crypto will be lucky to have it earlier than them.
because if time comes for sure we will be rich being early adopter .
In such a case, I think most countries will prefer to use their own cryptocurrency rather than depending on bitcoin. Governments might ban bitcoin and use their own cryptocurrency just like how every nation has their own fiat currency. I don't think so, unless they're mandated to use it or btc every single crypto is prohibited inside their country except their own crypto (but this kind of scenario is very ideal because this may also means dictatorship). For example, the Mintcoin by Canada. This coin is currently ranked 459 at the CMC. See? If people really prefer using their on coin then why it already seems forgotten by our market. This only means that most of us still remain using the coin at the top of the list — bitcoin. Change my mind. Well that was my point at the first place. Bitcoin is not a suitable currency to be used by billions of people globally and so we will have to move on to a better cryptocurrency in the future. Governments will use this opportunity to create their own cryptocurrencies and mandate it to the people to be used within their countries. Ranking of cryptocurrencies will be done just like how forex trading is done these days which will determine the value of a nation's coin. It's all just an opinion according to my perspective and nobody can guarantee anything since nobody can see the future. |
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If your sole moto is to teach people about blockchain and the bitcoin then you have many other options to try.
For instance you can make videos regarding the topics you listed and post them on social media.
You can also conduct little seminars and get togethers and meetups which will encourage people to learn about blockchain.
You can also hire some volunteers and host an event and teach people about blockchain in areas where people have less knowledge about crypto.
These are just few options whereas you can explore many more options. Teaching has no boundaries.
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If by paying 20% tax bitcoin is getting global acceptance then I would not mind paying 20% as tax.
I know bitcoin was created to eliminate the middle man but bitcoin is not widely accepted yet.
If paying 20% gives wide acceptance to bitcoin then we should consider doing it because elevating the tax away from bitcoin can be done in the future but making bitcoin widely accepted should be our primary goal for now.
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countries that developing their own currency will soon realize that it is not appropriate for them to have one instead they need to adopt bitcoin as a major currency than fiat .
i have a dream that 1 day every people in the world will seek to have Bitcoin but all of us here in crypto will be lucky to have it earlier than them.
because if time comes for sure we will be rich being early adopter .
In such a case, I think most countries will prefer to use their own cryptocurrency rather than depending on bitcoin. Governments might ban bitcoin and use their own cryptocurrency just like how every nation has their own fiat currency. |
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This is the generation of internet and bitcoin has already been promoted many times on social media.
I think bitcoin already has all the fame it needed but the thing is that it has got a lot of negative promotion as well.
This is the main reason why bitcoin is not globally accepted yet. Only when people's perspective towards bitcoin changes, it will start mass adoption all over the world.
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