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6761  Economy / Trading Discussion / Re: Chinese Crypto Trader Committed Suicide ( lesson for all crypto traders ) on: June 17, 2019, 06:31:08 PM
I checked a few news sites and blogs that deal with cryptocurrency, and some are suggesting that he has faked his death and vanished with all the coins. Now this is the second such incident, after the infamous QuadrigaCX scandal. Back then, the CEO (Gerald Cotten) died mysteriously and he was supposedly the only one in possession of the private keys for accessing $160 million worth of cryptocurrency.
6762  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still investing in ICOs? Let me know! on: June 17, 2019, 06:24:07 PM
During the past few weeks, I have browsed through hundreds of ANN threads. I found a few promising projects, but most of them were either copycats or outright scams. But the main problem is that even the promising ones were over-priced. The softcap and hardcap targets were too high, for them to be viable. There is no point in investing in such projects.
6763  Alternate cryptocurrencies / Altcoin Discussion / Re: Knowing when to sell off your crypto investment on: June 17, 2019, 06:22:05 PM
HODL simply doesn't work with many of the new projects. By the time we are certain that they are becoming obsolete, it will be too late to sell the tokens and coins. So I would suggest a waiting period of 3 months after the listing. In case the prices have gone down by more than 50% during this period, then it will be better to book the losses and exit.
6764  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunters risk on ERC20 tokens in ICO on: June 17, 2019, 06:19:23 PM
I still don't know how 1% or 2% of the total tokens in circulation can have a big influence on the prices. The bounty hunters wait patiently for many weeks to receive their tokens. And if they can't sell their tokens even after waiting this much, then it is going to be very unfair. Fortunately I haven't participated in any bounty campaign for more than a year now. And I am glad about that. Nowadays bounty campaigns have become more and more exploitative.
6765  Bitcoin / Bitcoin Discussion / Re: Altcoins are down when BTC up, altcoins again down Even if BTC down. Why? on: June 17, 2019, 05:48:56 PM
After witnessing the crazy bull run of 2017, the laggardness of the altcoins doesn't surprise me now. Most of the crypto-users have realized that the vast majority of the altcoins are good for nothing. In the near future, the Bitcoin dominance (which currently stands at 57.2%) will continue to increase and apart from a few good altcoins such as ETH and XLM, most of the others will become obsolete.
6766  Economy / Gambling discussion / Re: Tom Schwarz vs. Tyson Fury TODAY! on: June 17, 2019, 05:41:43 PM
I am a big fan of the Gypsy King, but I didn't really enjoyed this particular fight. It was too much one-sided and as predicted, ended too quickly. Fury deserved a better opponent. Before the fight I had high hopes for Tom Schwarz, and read a lot of articles about him. But inside the ring, he looked quite amateurish. BTW, anyone know who is Fury's next opponent?
6767  Economy / Gambling discussion / Re: Manny Pacquiao vs Keith Thurman on July 20 on: June 17, 2019, 05:37:16 PM
Last week, one of my favorite boxers, Gennady “GGG” Golovkin warned Pacquiao against Thurman. Golovkin was hinting at the recent upset by Andy Ruiz Jr. (who KOed Anthony Joshua), and warns Manny not to take Thurman lightly. Apart from GGG, a number of boxers and sports analysts have linked the Ruiz vs Joshua fight with Pacquiao vs Thurman. According to them, there are a lot of similarities.

BTW... anyone interested in a GGG vs Pacquiao fight? Well... it may never happen... just a daydream....
6768  Economy / Gambling discussion / Re: 2019 Cricket World Cup - Discussion & Analysis on: June 17, 2019, 05:30:20 PM
It was a good performance by Bangladesh, but you need to be consistent in case you want to get yourself listed among teams such as Australia and India. And right now the top four teams are Australia, India, England and New Zealand. The other teams are far behind these 4, and the gap between them seems to be increasing, especially with the poor form shown by South Africa and Pakistan.
6769  Economy / Gambling discussion / Re: CWC2019 Prediction Pool - Win x BTC [Additional prize in every round] on: June 17, 2019, 05:23:31 PM
More than the win by Bangladesh, it is the extreme inconsistency shown by the West Indies that surprised me. They put up a world class performance in one match and two days later, they suffer a thrashing defeat. And for Bangladesh, their remaining matches are against strong sides such as Australia and India. Even the match against Afghanistan is going to be a tough one.
6770  Economy / Gambling discussion / Re: CWC2019 Prediction Pool - Win x BTC [Additional prize in every round] on: June 16, 2019, 10:23:03 AM
Rohit Sharma is on fire. The run-rate has climbed to 6.58 runs per over and Virat Kohli hasn't come to bat yet.  Grin

If things go according to the plan, then we are looking at a score of 350+ for India. The Pakistani spinners are not as good as their pace bowlers and if they don't manage to take a wicket now things can quickly slip out of their hands. My opinion is to give their best bowler (Mohammed Amir) a couple of overs more, to see whether he can get either of the openers out.
6771  Economy / Gambling discussion / Re: CWC2019 Prediction Pool - Win x BTC [Additional prize in every round] on: June 16, 2019, 09:41:01 AM

By the way, who is welovedcrypto? Can you please confirm your bitcointalk username please?

There's a same username in bitcointalk too. I think both are same person but still it should be confirmed here to enroll in the pool. His profile- https://bitcointalk.org/index.php?action=profile;u=2614133

Most of his posts are in Hindi, and so it is possible that he is a follower/fan of cricket. May be sending him a PM will confirm whether the account was created by him or not.

Now coming back to the match, India has started quite well. After two overs, they are 9/0, with the openers being cautious against Mohammed Amir and Hassan Ali. Rohit showing a lot of confidence.
6772  Economy / Trading Discussion / Re: Whats better holding many coins or fewer coins? on: June 16, 2019, 09:28:14 AM
One thing that I have learned from all my time here is that holding the little known alts is not worth the effort. First of all, there is a great chance that these coins will become dormant in a matter of few months. And secondly, you need to store them in the exchange wallets, as installing the desktop wallet for each of them is not a good idea.
6773  Economy / Gambling discussion / Re: Manny Pacquiao vs Keith Thurman on July 20 on: June 16, 2019, 09:23:44 AM
Thurman is like Broner that does only trashtalk in press conference and that boosts Pacquiao to practice even more and in fact, there are some videos on youtube regarding the sparring session of Pacman and he is really angry with the arrogance of this boxer. He will beat this undefeated boxer on July 20. Pacquiao will once again give an undefeated boxer his first loss.

Just ignore these antics. The trash-talk is all stage-managed to get more attention from the media and the fans. Keith Thurman is someone who is respectful to his opponents. And I don't think that he really disrespects a legend like Manny Pacquiao, especially at this stage. Hopefully it can get them to the target of 1 million PPV views in the United States market.
6774  Bitcoin / Bitcoin Discussion / Re: Verification of identity compulsory on transactions over $1000 on: June 16, 2019, 09:20:56 AM
Only the smaller players are going to get affected. The bigger ones usually hire someone to do the KYC for them (obviously using the stolen documents which are available in the dark markets). And expect these guys to get more active, as there has been a big spike in the exchange rates for all the cryptocurrencies, during the past 2-3 months.
6775  Economy / Gambling discussion / Re: CWC2019 Prediction Pool - Win x BTC [Additional prize in every round] on: June 16, 2019, 09:16:42 AM
Since rain interruption is expected at some point in this match, it will be a good idea for India to preserve their wickets rather than trying to score 400 in 50 overs. I would like them to start cautiously, with acceleration being done in the last 10-15 overs. Also, the initial overs will be bowled by Mohammed Aamir and Wahab Riaz, two of the best Pakistani bowlers.
6776  Economy / Economics / Re: How Will FB Coin/JPM Coin Impact the Cryptocurrency Ecosystem? on: June 16, 2019, 07:16:50 AM
Libra Coin (the cryptocurrency from Facebook) may be launched sometime in 2020, and there is a good chance that its launch might be delayed. Till now, JPM has not given any fixed date for the launch of its coin. So we still have approximately one year left (or maybe more). And by that time Bitcoin may climb to a new ATH and these coins may lag far behind.
6777  Economy / Economics / Re: what will happen to bitcoin in india on: June 16, 2019, 07:13:46 AM
Lot of mixed reactions for crypto currencies bill in India Media highlight crypto ban but still Supreme court and parliament  should approve crypto ban until then we cant say what will happen finger crossed

An approval from the supreme court is not needed.

Once the draft legislation is finalized, it will be send to the lower house of the parliament (Lok Sabha). None of the major parties have opposed this bill and therefore we can assume that it will get passed with a simple majority. The next step is to get it passed by the upper house (Rajya Sabha). Once that step is cleared, the bill will be sent to the president and he needs to put his sign.

After these steps, the legislation can be challenged in the courts.
6778  Economy / Economics / Re: INDIA: Draft Law Proposes 10-year Jail Term for Dealing in Cryptocurrency on: June 16, 2019, 07:10:21 AM
And just like that,

https://beincrypto.com/78-arrested-indian-bitcoin-call-center-scam/

Quote

78 Arrested in Indian Bitcoin Call Center Scam

A fraudulent group of call centers, which targeted U.S. citizens, has been shut down by Indian authorities. The entity was extorting American citizens by demanding Bitcoin (BTC) and other forms of online payment under threats of releasing private information.

So they have started to clamp down and hunt criminals that deals with bitcoin. So let's see how they are going to run for crypto enthusiast though.

Read the article in full and you will get a better idea about it. These guys were blackmailing American citizens after pretending themselves to be from the IRS. They were arrested for that and not for using  Bitcoin. They extorted money out of American nationals and converted the money in to BTC for the ease of transferring to the Indian accounts.
6779  Economy / Economics / Re: Gold & Silver are safe than bank deposits ?? on: June 16, 2019, 07:06:50 AM
Storage is a big issue with bullion. You can either store them at home, or using bank lockers. Both have their own demerits. Where I am living, robbery of gold is very common and therefore people tend to store their gold ornaments and coins in bank lockers. And here is the issue. Bank lockers are not 100% safe, and on top of that they are vulnerable to confiscation from the authorities.
6780  Bitcoin / Press / Re: [2019-06-16] US Federal judge threatens to hold Craig Wright in criminal... on: June 16, 2019, 06:04:16 AM
How much legally binding is this order? As far as I know, Craig S Wright is an Australian citizen and he don't need to worry about the court proceedings in the United States. But if the federal judge forces him to appear before him in person and manages to prove that he was lying all along, then the judge will have a lot of respect from my side.
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