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I don't know whether the OP had any solid logic or basics, but the Bitcoin exchange rate has increased by around 20% so far this month, and right now the BTC price is $9,330 per coin. And that is around 200% higher than the prices we had three months back. And the most surprising thing is that we are yet to witness any significant correction in the prices, ever since March.
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Facebook stable coin for sure is not so good. Good thing that FB accepts cryptocurrency as itself. That means that somebody bought Libra coin would think that he in a cryptocurrency world as well. And this person sooner or later will buy BTC.
Is coinmarketcap going to recognize the FBcoin as a valid cryptocurrency and add it to their list? In that case the total cryptocurrency market capitalization might grow significantly, but the Bitcoin dominance may drop (57% currently). But I have no doubt that it will have a negative impact on BTC. At least some of the users may sell their BTC for the new coin. |
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My unlucky streak seems to have started again. Yesterday I made a bet for a thrashing win by Australia and missed the margin point by 13 runs. The day before that I made a prediction of a thrashing win for England, but when less than 15 runs were needed they lost the wicket of Chris Woakes and I missed out on the margin point. Anyway, lets see what happens today.
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At this point of time, one has to agree that India are the overwhelming favorites to win the game. Pakistan is no longer counted among the top cricketing sides and in the meantime India have grown leaps and bounds.
And the good news from Old Trafford is that the the weather predictions have improved when compared to yesterday. The chance of a rain during the first half is 15% to 20%, while the same for the second half is 25% to 30%. Yesterday it was close to 55%.
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My solution is very straight-forward and simple. If exchange coins can be procured at a cheaper rate (or even the same rate) as that of the mined coins, then go for the former. What is the point in spending so much time, manpower and effort in mining, when you can simply purchase them from an exchange in a matter of 30 seconds?
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Expect the unexpected! Bitcoin is becoming popular all over the world. And because of that, many scammers are taking it advantage in order to fool people. I believe that if these scammers will be prevented to penetrate in this industry, scamming will be lessen. At the same, we will expect a large number of investors who are confident with their investment.
Scams are more successful when people are not knowledgeable about something. Right now, we are still going through the early adopter phase and ordinary people are mostly ignorant about the basics of Bitcoin (although many of them might have heard about it). So for the next few years we need to deal with these scams, but educating people against them can make a difference. |
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Afghanistan was cruising comfortably when rain interrupted their match against South Africa. I don't know whether the match will get washed out or not, but the initial signals are encouraging.
Edit: Play will restart at 2:20 pm GMT and since it was a relatively short break no overs will be lost.
They got a very good start, and now they need to capitalize on that.
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350 is definitely achievable, since they have depth in their batting order (Glenn Maxwell and Alex Carey are known as big hitters). On top of that they have 6 wickets in hand. Only Malinga has caused trouble to the Australian batsmen till now. Others like Pradeep and Udana have gone for plenty. 24 balls remaining and Australia need 44 more to reach 350.
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They reduced the number of teams from 14 to 10, saying that it will decrease the chances of having one sided matches. And just check how many one-sided matches we had so far. One thing is very clear.... the gap between the big 3 (IND, AUS, ENG) and the other sides are increasing (NZ is an exception). Smaller teams such as Sri Lanka and South Africa are getting irrelevant.
269/2 after 42.0
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Gold is showing similarity with Bitcoin in one parameter at least. After a sharp correction from the 2011-12 levels, gold is once again showing the signs of a bull run. Bitcoin is also undergoing a similar phase right now. Now the difference is that any price change may be more moderate for gold (thanks to its $7 trillion market cap), when compared to Bitcoin.
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I think the current pump (%5) caused by binance. They had lots of US citizen customers and they are just selling their alts and buying btc.
I wonder how things will happen from now on. Binance volume will drop obviously but binance US will get the difference or it won't be used by US citizens much.
Well, the Bitcoin dominance has slightly increased from 55.5% to 56.5%, and that may support your claim. But at the same time, the BNB prices have remained roughly stable. In case what you are saying is true, then we should be witnessing at least 10%-15% drop for BNB (versus Bitcoin). It may be one of the reasons, but not the main reason. |
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Australia inching towards a score of around 340, currently at 220 with 8 wickets in hand with 11.3 overs to spare. Sri Lanka is all set for another heavy defeat, but I am more interested in the margin of loss. If they loss by more than 100 runs, then I'll get 2 points. Anyway, the last thing that I want right now is an interference from the rain gods.
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Lack of legalization or the lack of clarity in the legal status is the main reason why there are so many scams with the cryptocurrencies. The criminals know that even if they con someone, there is a low chance of the victim going to the cops and complaining about the incident (especially in countries such as India and China, where the legal status is unclear).
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A lot of debate going on here in India about the options we have, in case the Indian government bans the possession of crypto-currency. One of the proposed solution is to have some individual or some organization based outside India to hold the coins for the users. In case the user want to convert the coins to fiat, he can ask that individual to do that and send the money to India as "gift".
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You are right. The authorities are increasingly creating issues for exchanges which are non-KYC compliant. Another Bitcoin bull run sometime in the near future may be the ideal opportunity for the Feds, to attack the exchanges. I don't think that in such a scenario we may have any other option. At least for the US citizens, KYC may become mandatory. |
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I'm not a trader and I'm not from the US, but it's hard to imagine that someone can keep such records especially if it trades on a daily basis. I do not question the payment of taxes, but such regulations seem to me more than just tax collection, it seems more like placing unpredictable obstacles in order to discourage those who in any way earn from cryptocurrency.
Considering influence of USA on many countries, it is possible that some other countries will also take over part of their regulations, the only question is whether they do it voluntarily or under pressure. Well.. knowing how pesky the IRS can get, I would advice everyone to pay the taxes which are due on any trade from cryptocurrency. It is not that difficult to get the data on daily trade from the exchanges. And even better, some of the exchanges would even calculate the tax liability for you. I am not a big fan of paying taxes... but a confrontation is not something that we need right now. |
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Their batting performance is very good and they restricted the WI batsman to score low target for chasing. Till now ENG is showing their dominance in this world cup and in the coming matches we might see more good batting from the ENG team.
Their team balance has been good so far. Both the batsmen (Bairstow, Root, Roy, Buttler.etc) and the bowlers (Archer, Wood.etc) have performed for England. When there is no place for a player like Moeen Ali in the final XI, you know how strong their team is. It was a strategic move to include Jofra Archer in the final squad. It made a lot of impact. |
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I was impatiently watching Manny's odds. It has stuck somewhere around 2.1 in most of the gambling sites. I wanted it to go below 2.0, since the sites will be then forced to increase the odds for Keith Thurman. Anyway.. one thing is sure. This fight has picked up a lot of attention from the US. I heard that bets in favor of Thurman are being waged in increasing amounts.
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It is not easy even for experienced gamblers with many years of experience. I have watched one of my friends panicking after losing significant amounts. And he had more than 10 years experience in gambling. When you are under stress, it is not that easy to go by the rule book. The best thing would be to take a break, but even that is not possible sometimes.
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Relatively slow start from Australia. In the pool, I had predicted a thrashing by Australia so not too happy about how the match is going till now. Perhaps they are concerned about rain interrupting the game and DLS coming in to play. So they seems to be preserving the wickets, to get an advantage in case the Duckworth/Lewis is applied sometime later.
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