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Twist web wallet isn't working either, loading bar goes on and on. At least devs should check this thread or official discord channel for user reports.
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Weird how they didn't come up with some sort of regulations or taxes to actually profit from cryptos, are they too scared to lose control and give the citizens the freedom to do anything they want with their own money? Perhaps the banking system sees cryptos as a real threat in the future?
This is a major step back for India (if they actually end up banning cryptos), the rest of the world is getting ready to embrace the future with cryptocurrencies like bitcoin while India will be left behind with their own centralized digital currency.
They literally shot in their own foot with banking ban, before it indian exchanges used to pay taxes to government, plus users were verified so they could know their holding. Now, all trading is via p2p, hard to track. if they ban completely, people will still find some other ways to trade or they will move to other country. |
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Or they imply cannot come up with effective solutions to try and regulate crypto? If other giant countries can do it, why can't they? Their priorities are far more focused on something that doesn't benefit the citizens much, just look at the giant statue that they erected. This is simply neglecting their citizens from the benefits of bitcoin and cryptocurrencies IMO, and not some case of regulations that are hard to impose.
I think they are right about effective regulations part, still complete ban would be kind of overestimation. Hope that doesn't happen. |
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I am deeply concerned about what's going on in India. The current government is a backward thinking government who are more interested in building temples and creating religious collisions within the country. They are also trying to include their own people as the head of every institution. New Governor is just another example of that initiative. BJP is trying to get hold of the cash reserve of the country to control their own agenda.
I don't see any hope for cryptos in India until the current government stays in Power. They are trying to establish a cottage industry based on cow dung and cow pee. It seems like we are travelling back in time instead of moving forward while the brightest minds are opting to stay abroad.
The government with backward thinking is not just India. In fact, other countries in Asia except Japan，they are keen to establish their own monetary system and regard crypto as a threat. You can see the situation in several major Asian countries. In some countries in the Middle East, even using crypto may be a crime. In contrast, India is much better, at least they won’t catch you because you use crypto. They already banned banks from giving services to individuals who deal in cryptocurrency. But, it's still alive via p2p methods. However, if they completely ban it or term it illegal then it won't be any less than crime in the country. |
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I would say, Steem. They have strong community, many dApps which has real use cases, multiple ways to use steem power, SMT and its pretty cheap right now. $500 will yield you around 2k steem power.
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It's because prices are lower and ICOs can't raise enough funds so they extend hoping they will reach enough.
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I would say no. You are giving your personal details to gray party. You don't know what they gonna do with it.
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Take profit, invest in project that has use cases, convert in stable crypto to invest when time is right.
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Seems people lost interest here. I assume they will open node registrations on Christmas as surprise. Just an optimistic thinking  That would be great!:) Things are likely to start to move again when node registration will open, but the coin may finally take off when the nodes will actually go live and there will be some evidence that they work well. SInce the'll require 2GB of HD space I expect them to perform some interesting task. Twist explorer and twist data explorer isn't working since yesterday. Github last commit was on nov 16. Just holding 200k in case node arrives. |
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Kyc is the main problem for me and they tend to block out of your money sometimes, then you have to take drive to their bank to solve it.
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I don't care either, because all alts pumped (even shitcoins), last year just because BTC was rising, now that alts again following BTC albeit with down trend, people are mad.
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EOS - most of famous dApps built upon it are gambling apps. There is magicdice and poker game on steem Blockchain as well.
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So far bad. I earned a lot in airdrops in 2017 than compared to bounties that I did in 2018.
Oyster pearl airdrop alone was worth $15k at one time.
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Pretty much, most miners and top exchanges originate from China, but due to recent regulation problems they are mostly registered in Malta/Singapore.
I am into some projects where they are only alive because of Chinese community.
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Assuming worst and BTC reaches 0, alts will be literally dead... for a while but after that they will probably start recovery. People will find something else to replace it, show must go on.
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Cash would be probably best idea, I think localbitcoins allows cash deals but for big deals they will probably require kyc.
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Agree, I myself have experience this, thankfully I didn't invest more than afford to lose and came out just fine.
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Kind of contradiction here. Your belief on Bitcoin is due to price it has? Believers didn't care when price was $1 or $1000, they find value in it and price has nothing to do with it.
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I won't do anything. If it's not broken why fix it? If one wants to keep his money as is, he can choose stable coins.
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