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Because it is not the right thing to do. Neither ethical, nor effective. In case you destroy a coin with a 51% attack, then a lot of unwanted sympathy will be generated for that coin and Bitcoin supporters will attract a lot of criticism. It is a free world, let all the coins fight for their share in the market. If some scam coin is there, it will automatically die out.
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Did Satoshi ever mention anything about the taxing of Bitcoin?
I don't think that he has ever mentioned anything about taxation of Bitcoin. But enough evidence exists to prove that Satoshi Nakamoto had a negative attitude towards government taxation. Although he hasn't explicitly stated it, one of the purpose for the creation of Bitcoin may be to avoid paying taxes to the government authorities. |
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~edited~
Suresh Raina was the first player from Kashmir to play for India
Nope, He is from Ghaziabad, Uttar Pradesh if we go into more details then Muradnagar is birthplace. I know that he was born in Ghaziabad, but his ancestors were originally from Kashmir. His ancestral village is Rainawari, near Srinagar. His father Trilok Chand Raina was born in Rainawari, and his mother is from the neighboring state of Himachal Pradesh (Dharamsala). But you are right in a strict sense, since he played his Ranji Trophy matches for Uttar Pradesh and not for Kashmir. |
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Other altcoins also fell very much. It seems that people invest only in bitcoin, and other altcoins try to hold on or not fall in price.
The drop in Ethereum prices may be due to the ICOs dumping their ETH holdings. But no such justification exists there for the drop in other altcoin prices. Litecoin prices have crashed heavily during the past couple of weeks, despite the recent block reward halving. Bitcoin forked coins are not safe either. BCH lost as much as 45% of its USD value in two months. |
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Its the second largest market cap coin and its actually a great coin however it has issues like most coins. I think the reason why the price is struggling to rally is due to ICOs dumping their coins (if they still have them) and its miners who are dumping their coins to pay for their overpriced 1080TI rigs that they bought in 2018.
One issue with ETH at the moment is due to the devs and they always delay and postpone they work. They have been promising POS since 2016 and still haven't delivered. Same with that ProgPOW switch which they meantioned a few months back, they still haven't provided an update whether they will go live with it or not.
Its problems like this why the price is struggling and the ratio keeps dropping lower and lower and at this rate, I wouldn't be surprised if we hit 0.01 ETHBTC within the next few months.
For Ethereum, the daily trade volume is still quite high, and therefore your argument that the ICOs continue to dump their ETH holds some merit. Also, the exchange rate went down from 0.02 BTC to 0.0179 BTC in just a couple of days, and the trends indicate that ETH can even go below 0.01 BTC. Also, it may go below the $200 per coin level. |
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Current BTC Dominance: 69.4%.
I'm not sure if we have seen this kind of numbers in the past years. But it only indicates that bitcoin is really on top of the game as investors are still flocking into the market. And specially that the price seems to recover from the last all-time-high, I wouldn't be surprise to see the price will hover around the 60% and altcoin market continues to bleed. What more intriguing is that we are not yet in the bull-run, so imagine what will be the number in the next coming months.
Those figures were last seen at least two years back. If the trends continue, I won't be surprised to see a Bitcoin dominance of 75% or even 80% by the end of this year. One important thing to note here is that the altcoin prices are going down not just against Bitcoin, but also against the United States Dollar. During the past two months, most of them have gone down as much as 40% against the USD. |
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Some countries banned bitcoin before for their own economic reasons but still bitcoin rises above and continued the dominance everyday that some countries realized bitcoin cannot be stopped nor banned that's why they lifted it up and accepted crypto currency as part of economic agendas.
As far as I know, none of the countries have banned the possession of Bitcoin (although there are rumors that India is planning the same). Some of the countries, such as Nepal and Bangladesh have banned the trade of Bitcoin to fiat currency (and vice versa) and they have even arrested some people for breaking the law. But no one has been arrested yet for the possession of Bitcoin. |
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Is this the same guy who predicted that Bitcoin will spike to $100,000 per coin by 2022? If that is the case, then I am not surprised. I want to know when did he purchased those coins. I hope that it was sometime during 2018, when the prices had fallen to $3,000 per coin. Anyway, it is good to have so many of these celebrities investing in BTC.
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Bangladesh Cricket Board (BCB) has confirmed about the T20 Tri-nation series where Zimbabwe and Afghanistan will participate. This scheduled of the series is already announced, https://www.icc-cricket.com/news/1302761 (check here) ICC has suspended the membership of Zimbabwe, and therefore the matches involving them will not be having the status as T20Is. They will be treated like ordinary T20 matches without international status. BTW, I am very doubtful whether the series will go forward as planned. Without the ICC funding, Zimbabwe Board may not be able to afford the player salaries and other expenses. |
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Suresh Raina went through a knee surgery recently. Feel really bad for him since he was dropped from WC and now has no upcoming matches too. Does anyone know which match he'll be playing next. I barely see him in ODI and test matches now and he's not even included in this test series against WI.
Suresh Raina was the first player from Kashmir to play for India (made his debut in 2005). He underwent the surgery in Amsterdam, and the doctors are saying that rehab process is going to take another 6 weeks. After that, it may take some more time for him to be fully fit, so that he could play the domestic tournaments. Ideally, he should not rush through and should be targeting the 2020 IPL season. |
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I don't see anything surprising if the KYC pictures of people get leaked because we can found more than by just looking at their facebook accounts and also lots of apps we installed on our smart phones taking pictures of us without out permission.So if you are on internet then you are not safe anymore even google keeps data about you with the name of super cookies.
What are you talking about? In Facebook you won't find the scanned copies of Passport and drivers license. If anyone is so irresponsible to post them in Facebook, then obviously he needs to face the consequences. The problem here is that ordinary users, who would be otherwise careful about their privacy were forced to send the scanned copies of their ID documents to Binance. |
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This is the craziest prediction I have ever read in Bitcointalk. Do you really believe that Bitcoin is going to crash to $100 per coin? I don't think that it is possible for Bitcoin to lose more than 99% of its value. Forget about $100 per coin, I don't think that we'll ever again go below $10,000 per coin. The last opportunity to purchase BTC below $10K was a few weeks back, and you are not going to get that opportunity ever again.
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History is being made. The Bitcoin dominance has crossed the two-third level and now it is being measured at 67.8%. All the altcoins are at record lows, with Ethereum trading at BTC0.0197 and Litecoin trading at BTC0.00837. XRP is down to 2,755 Satoshis. I won't be too surprised if the Bitcoin dominance climbs to 75% or even 80% by the end of this year.
In just four days since I made this post, the Bitcoin dominance increased by another 1.7%, to end up at 69.5%. The altcoins are not just losing their value against Bitcoin. They are losing value against the US Dollar as well. In just one and half months, the price of Ethereum has fallen from $325 per coin to just $210 per coin. During the same period, Litecoin went from $140 to $85 per coin. It's party time for the Bitcoin holders!!! |
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The prices have fallen another 5% during the past 24 hours. Altcoins, including Ethereum are behaving like falling knives... None of the users are courageous enough to pick up the falling knife.... Just 2-3 days back Ethereum was trading at 0.02 BTC per coin and now it is trading at 0.0179 BTC. For me, ETH is very much done. Done and dusted.
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It may happen, if the trade war between the United States and China escalates further. So far, both the sides have refused to give in and one of the consequences have been a 20% increase in the gold prices. The Americans should not chew more than what they could swallow. I have a feeling that Donald Trump is taking it a bit too far.
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More likely Binance did get hacked or otherwise had their customers' data leaked from the inside. I'll definitely be watching this story unfold. But hey, this is the company that had 7000BTC stolen from them, right? Obviously there are security issues they might not have fully addressed if this all is true.
Binance claims that the selfies posted were obtained from a third party they outsourced the KYC verification part to. I don't have much reason to question that given how large Binance is and how many new users they onboard. The only question is how the hacker managed to gain access to the servers of this third party. It could just as easily be a bunch of Indians they hired to do this work, which isn't that uncommon even for large tech corporations. How can they be so irresponsible? KYC verification is such a secure process and it should be done by the Binance staff. Now it looks like they had outsourced it to the lowest bidder, with scant regard for security of the users. This one incident is enough to trigger a customer boycott of Binance. I never had an account with them, and in the future also I will never consider opening an account there. |
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It is not just breaching the privacy of the users and profiting from it. Facebook is behaving more like a political entity rather than a social media channel nowadays. They have taken an extreme-left political view, and constantly delete posts and groups having a right-wing tilt. Back in 2016, they tried to sway the POTUS elections in favor of Hillary (and failed miserably in it). If they continue to involve in politics, then the users should start boycotting their services.
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I have opposed XRP ever since its creation. And that coin looks very shady for me. What concerns me the most is the fact that a few of the promoters hold the majority of the XRP tokens in circulation. Chris Larsen and Jed McCaleb owns more than 5 billion tokens each, and in total all of the co-founders hold more than 20 billion tokens. On top of that, another 9 billion is either directly or indirectly held by the Ripple Foundation. Now remember that only some 42 billion XRP tokens are in circulation.
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I'm looking for crypto exchange, and it's challenging for me to pick one. I want to start with changelly because they have low fees, but they have just about 100 coins. what do you think about it?
Fees is just one of the many parameters that come up for consideration. For me, I normally chose an exchange only if it satisfies the majority of the following conditions: 1. Should have a good reputation 2. Should be in operation for more than a year 3. Low deposit/withdrawal fees 4. Ease of getting online support 5. No delay in depositing coins |
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are you guys still waiting for the next cryptocurrency market cycle ? or some of you just accepted your losses ?
I am not a big fan of the altcoins and around 90% of my portfolio is made up of Bitcoin. And half of the remainder is made up of Bitcoin Cash. So altcoins only make up around 1/20th of my portfolio value. That said, I am not selling any of my altcoins right now. I have ETH, ONION, BSD, GBYTE.etc in my wallet, and for now I am holding them for long-term. |
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