I don't believe these things no more, and if they do ban then enjoy getting left behind.
China kept banning it but then reversed their called just because of this fact of getting left behind and not moving along with the future. But Indonesia did the same earlier this year and they still have it banned there so I do not know if this one will stick or not. I dont think India would stick to it because it is a developing country and just a month or two before the ban they said that they would explore the blockchain technology more and try to indulge with it. So I dont think they would stick to their ban for longer . Also , I think this might be a conspiracy or something because earlier India was planning to launch their own cryptocurrency and also Jio coin was going to be launched this year. So lets see what happens in near future.
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Well it actually depends on an individual because not everyone have the same interests. The people who are interested in cryptocurrencies would definitely want to get paid in it. I would definitely like to get paid in crypto because of its volatile nature. I would exchange the crypto for my preferred ones and then earn more profit out of the interest. There are equal amount of advantages and disadvantages while earning in crypto but I would be optimistic about it and consider to take the risk.
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The way you put your statement is bad, bounties are not force to anyone, that is why it is open for interested individual, and yes you are right an ICO who will raise a fund with out fund themselves is scam since all businesses started all their business with a big capital to ensure that the project will surely bloom after its opening.
Would agree to this mate. The bounty programs held by the ICOs are not forced upon anybody. They are open for everyone and if a person is interested in it only then he should be taking part in it. Thw worth of tokens may or may not be useless until their ICO is over. I accept that most of those tokens are useless and worth nothing but at least some of them are good and might give you enough amount of money which you lost on the other useless tokens.
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It is already at the $6k level because it is continuously going up a little and then coming back to this level. Many people say that it might go down to $2k but what if it doesn't. Considering it's all time high at $19k I think buying it at $6k would be a steal deal. So I consider this as the best buying opportunity because once it starts to rise up by crossing $12k I don't think it will ever again come back to this position.
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Hello everybody, I am from India and as you people might know that India has banned crypto lately. I won't get deeply into it since I don't want to spread any kind of FUD.
are you sure you are from India? https://www.newsbtc.com/2018/04/06/dont-believe-the-fud-india-has-not-banned-cryptocurrency/All I want to know is whether paypal is a good option to get $ in exchange of BTC.
Paypal can be charged back, and very easily at that and there is a long window that they can do that in. there is no such thing in bitcoin as charge back. so the answer is no it is not a good option at all. also i believe using Paypal in exchange for digital currencies is against Paypal ToS. Don't give me the following shit ideas.
here is Indian local board, ask people who live in the same country you claim to be from what they are doing: https://bitcointalk.org/index.php?board=89.0 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes I am from India. Thr RBI has issued a statement against financial institutions to stop dealing with cryptocurrencies. This includes all the Indian cryptocurrency exchanges to stop dealing with crypto. So that's why therr is a panic in the current market. Yes Paypal can be charged banck which is why I made this post to ask if there are measures to prevent this from happening.
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Hello everybody, I am from India and as you people might know that India has banned crypto lately. I won't get deeply into it since I don't want to spread any kind of FUD. All I want to know is whether paypal is a good option to get $ in exchange of BTC. I have come across incidents where fraud people used to reverse the amount they sent to the other people. Thus by getting their BTC and the amount they sent to that person, they use to scam others. What are the counter measures for this ? Is there any feasible solution to use paypal for exchanging BTC or is there any other method apart from paypal so that I can exchange my BTC. I think paypal is good because it would be easy for me to convert $ to INR .
Don't give me the following shit ideas. Contact a local seller. Use Indian exchange. Find an exchange that supports your fiat currency. ( I dont need a direct BTC/Fiat exchange )
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India has banned the financial institutions and exchanges to stop dealing with crypto and has given a time of 3 months to stop their activities and settle the debts. This has taken the nation by storm and a lot of selling has taken place. Although they have banned crypto, they are still exploring the blockchain technology and according to some rumors India is planning to use the blockchain technology. Also, they are going to launch their own cryptocurrency. If we join the strings, the wise people might understand why India has banned crypto. I believe its a temporary thing and there is something big to come in future.
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The market is very bad for short term investors. We shouldn't sell the savings because one day it will be GREEN again. Just a little more patience ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Exactly ! Many short term investors are facing losses in their trades just because they are selling in a loss. They don't understand that if they don't sell at such cheap prices then , they won't have to face any losses or rather it's because they don't have faith in BTC . It is known that the people who actually don't believe in the asset they trust, often lead to losses. The market is in a down trend and it obviously should be in a decline. Last year there was a huge growth in crypto and a downward trend is necessary for crypto to grow steadily. Just be patient for a while and wait until the market gets stable.
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Yes the market has stopped falling but the decline is ot yet over. We are still in a phase where the probability of going down is still on. Just a day ago there was a statement issued from the RBI of INDIA that they are going to ban crypto. Many consider it a FUD, many consider it true and the others consider it some kind of trap from the big whales and the media. I am still not sure whether it is true and so I have sold a little portion of my holdings and holding the rest of it. So the upward trend will take a while longer before it gets started.
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The only way to deal with such countries is to avoid their news which creates a FUD in the crypto market. If at all your country has banned bitcoin then it doesn't mean that it is banned all over the world. It just means that you cant trade it in your country. India is still a corrupted country and we can easily find a way to buy/sell crypto despite any kind of ban in the country. We just need to find a person who can trade BTC for INR and no one will ever get to know as long.
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I wished that this news is a FUD when I first came to know about it but with great sorrow, I have to admit that it is not a FUD in anyway and a true news! I have done my research well so trust me when I say it is not a FUD.
The Deputy Governor of RBI has indeed ordered all regulated financial institutions to identify and stop all business relationship with any individual or entity that deals, trades or settles in virtual currency. It was just a public statement and a details instruction will be released shortly. I will wait for that circular from RBI to decide my final move. But it certainly doesn't look like a FUD as of now. I am sad and worried!
Same here buddy. I am deeply worried about it. I reside in India and being an Indian I feel terrible about the news . Th e RBI of India has indeed issued a statement saying that all the financial institutions arr supposed to stop their activities related to crypto. They have been given 3 months of time after which any individual or financial institutions dealing with crypto will have their bank account banned. Right now this news has taken every Indian by storm and I am myself worried about the future. Although I am still holding my coins because I know it will increase in future but then you know how it feels when yoir country bans crypto.
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I had the same doubt in my mind. Bitcoin mining has become so costly these days. It requires a lot of computation power which is why there are ASICs and Antminers specially designed to mine BTC. Despite that it consumes more electricity which is why many countries have regularized mining. Apart from that the difficulty keeps increasing every few years which makes me wonder why would anybody want to mine BTC if it is so difficult to mine it. Wouldn't it's future be in danger then ?
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That's really good man. Machine learning definitely has a very good scope in future. Higher number if Telegram subscribers doesn't necessarily mean that the ICO ROI will be higher. Any channel can get more number of subscribers by advertising it on social media and various forums. So it dose not mean that every person will be investing in their ICO. There will be hardly a few members who will be willing to invest in their ICO . I believe advertising on various platforms might, running campaigns can gain attention towards the ICO. A good project will definitely gain more followers if they workout in their project accordingly.
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I mostly prefer two kinds of coins to buy during the dips. The first one are those promising coins with huge following like ETH and BTC. Although they cost much, they are the ones which get more attention when the charts have spikes in them. The second are those cheap coins with good potential which are more prone to be successful in the long run. XRP, ADA, EOS are some examples. They easily get doubled when people start investing in them . A few change in their % may lead to good profits.
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It has been high time now with all of these speculations are worth nothing because most of it go in vain. Bitcoin has been going sideways from past few weeks by keeping on going up to $9k and coming back to $6k . So it is just useless now to speculate whether it will go up or down. It would be much better to just wait for a while until something big happens. The small volatility has been doing no good to anybody.
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There are many people in the crypto community who trade for money, to earn enough to manage their daily expenses and to save money for future. These are the people who trade for money because it is their need and necessity. The other people trade just for fun because they already have enough money and are in crypto just to try out their luck in it. They don't care even if they loose their money. I trade so that I can manage my own expenses and not be a burden on my parents. So far I have been fulfilling my goals.
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I think most of the governments are ignoring the blockchain and cryptocurrencies because they think it will disrupt the traditional banking systems through which they are making profits right now. It might be true but they must take this into consideration that blockchain is an emerging technology and it can be used fro numerous purposes. The government can create their own coin and circulate it. Althought the coin would be centralized , they will be able to make profits from it. This can be a gateway for cryptocurrencies and the blockchain.
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If we look at the chart bitcoin have started to rise up again. It fell into the dip at 6200$ and now it has climb up again to 7k$. Despite the news of closing of exchanges on Japan and India the community are having smiles on their face when they see bitcoin climbing up again. Possibly this is due to the good news being circulated around about the new development in bitcoin. All spirits are alive maybe this is the sign we are looking for.
Is this the sign we are looking for or this is just temporary?
We can't conclude yet. The msrket is still volatile and a lot of things might happen. Volatility is still observable so selling is not advisable. Expect for dumps but take it as an opportunity to invest so that when the msrket is starts to continuously rise, huge profit will then be earned. The true increase is expected to happen at the end of this year so just wait and hold. Very true my friend. A small spike in the price doesn't mean that the decline is over. We can't really say it that quick because over the last few months BTC has come to $6k and again went to $9k . This cycle of going up and coming down again has happened quite a few times which is why we must wait at least until it reaches $12k in order to say that BTC is increasing. Considering its ATH at $19k, $12k can be considered a good target for a good spike.
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Why don't you look at the history of cryptocurrencies and it will show you your answer. Whenever BTC was at it's ATH, most of the Altcoins at that moment were in a blood bath. You can take the example of the current ATH of BTC at $19k . Most of the Altcoins were bleeding RED and many people started saying that the Altcoins are going to die but then BTC started decreasing and all of a sudden the Altcoins started to rise in mid december. XRP and ETH out of the Altcoins were at its peaks. This shows that Altcoins keep depreciating for a long time and then boosts up all of a sudden. This has happened quite a few times in the crypto history.
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IMHO this is just new pump of this coin. I don't understand how it can stand in top 10 with ETH for example. Trade this coin very carefully with stops that will allow to fix most part of your profit. Look at the history of this coin - it can lose more than 50% in one day.
Yes indeed, it might be a pump from it's supporters. How else do you think this coin would have raised despite the blood bath other Altcoins are facing these days. It is obvious though since BTC itself is facing a rough decline these days. I dont think Verge coin can be a good coin to hold for a long term since it gets depreciated in price all of a sudden. This is not a good sign for the future of XVG.
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