I keep my activity in crypto-currency as a secret even to my family members. Only some very close friends (who are also crypto-users) know about it. I have read a number of news articles, in which crypto-traders were targeted by the criminals after their identity was revealed. I don't want the same to happen to me. But one issue that arise is that in case something happens to me, then all of the coins will be lost (no one else is having the private key or password to my wallet).

I keep my activity in crypto-currency as a secret even to my family members. Only some very close friends (who are also crypto-users) know about it. I have read a number of news articles, in which crypto-traders were targeted by the criminals after their identity was revealed. I don't want the same to happen to me. But one issue that arise is that in case something happens to me, then all of the coins will be lost (no one else is having the private key or password to my wallet).

Very bad strategy. Gambling is not something that should be done when you get bored. It involves money and you can't treat it like a pastime (unless you are planning to gamble with only very small amounts such as $5 or $10). Why don't you stay away from gambling for a couple of weeks? You can participate in some outdoor sports and after two weeks you can resume gambling with a fresh mind.

Pakistan looks like they are in very bad shape. I won't be very surprised if they end up losing to teams such as Afghanistan and Bangladesh. Their performance against England was below par, and I never expected them to perform this badly. I hope that the thrashings that they receive will serve as a wake up call before the world cup.

Dude... I don't know whether you are saying the truth or not. But in case it is the truth, then I seriously think that you need to undergo psychiatric counselling. Losing $80,000 in gambling is beyond ridiculous. That's the average salary for a lifetime in a country like India. You need to know when to stop gambling... but losing your entire life savings in gambling is not a very intelligent move.

Ever since 2011, we are facing an influx of worthless altcoins in to the market. Sometimes they manage to squeeze out investment from inexperienced users, who purchase these coins with their hard earned Bitcoin or Ethereum (or even fiat). A few coins that I remember from the 2011/12 era include Ixcoin and Feathercoin. I think they are still being traded in Yobit.

These little known altcoins are extremely volatile and in many cases they have a very short lifespan. So in case you want to hold these coins for long-term, there is a good chance that they will get delisted from the exchanges and you will not be able to trade them. Another issue is with the storage. It is not practical to install desktop wallets for all of them. So in most cases you will be storing them in exchange wallets. Now storing them in exchange wallets for long duration is also not recommended.

So most of the users convert the alts to Bitcoin and ETH, to move them out of the exchanges. In case you are very confident about one or two alts, then you can install the desktop wallets and store them in your laptop for the long-term.

The problem with the ICOs is that in case the project fails, your funds are lost and you will not be getting any reimbursements. Most of the ICOs are unregulated and uninsured. On top of that, in many cases the promoters are anonymous. Many of them operate from little known third world nations, and therefore if something goes wrong, it is not practical to take legal action against them.

We have all seen the performance of Ethereum during the current bull run. And despite Ethreum being quite under-priced (it went down even more than BTC during 2018), the increase in valuation was lower when compared to the other cryptocurrencies. IMO, this can be solely blamed on the bad state of the ICO market. That is the only explanation I could think of, for the dullness in the ETH prices. 

I agree with you on the first part (Quantative ), but not on the second (Qualitative ). But even if they limit the number of participants, there is no guarantee that they will get high quality participants. There are a number of scammers here, who will enroll in to the social media bounty using their dozens of FB and Twitter accounts. And now coming to the second part, if they set a threshold, there is no guarantee that those accounts which are able to satisfy those requirement will be having high quality. What if the bounty hunter had just purchased those accounts, from someone else.

But I agree that it will be good for the bounty hunters. The payouts per participants will rise, although still there is no surety that one user will register with only one account.

A hardware wallet is not 100% secure. There is always a chance of losing the recovery sheet or someone stealing the wallet. Online wallets such as Blockchain.info are as safe as any hardware wallet, if you take the necessary security precautions. Just do 2FA and email verification and your online wallet will be fine and protected against the hacks.

If something like that happens, then these new people need to be blamed first. Before investing in any asset, they need to study about the risks involved. And one of the risks involved in investing in cryptocurrency is the chance of your wallet getting hacked and coins stolen by the criminals. Before making the investment, they should learn how to protect their coins.

The profit booking phase has just started and it is going to last a while. I can't predict the exact duration, but anything ranging from a couple of days to a couple of months is possible. Even I booked my profit today, by converting BTC0.05 from my wallet to fiat (luckily for me, I converted my BTC while the exchange rates were above 8K).

Still have around BTC1.00 remaining in my wallet, and I am not planning to sell them anytime soon.

Well..I have to admit that it is a possibility, but then I don't think that Arnold would do something like that. He had all the fame he wanted in his life, and now he is in his 70s. For more than three decades, he was one of the most famous actors out there. And as a politician, he was not too bad either. I would say that the loser who kicked him was after the fame, and not Arnie.

I voted for NDA this time, after being refused voter registration in 2014 (my family is originally from Mizoram, but the state authorities won't allow me to register. So this time registered in Tripura). The opposition is just hopeless. The campaigning was really toxic during the last two months, and I was really afraid of the proposed NYAY scheme. If it was implemented (as UPA promised), then the taxes will go up by 2x.

The exit polls are out now, and I will give the details from the most reliable ones.



In short, almost all the polls are predicting that NDA will be back to power, although with a reduced majority.

Some of the state-level numbers:

It has gone below 8K once more. It looks to me that this volatility around 8K will continue for a few more days, until the additional supply is removed by new buyers. But once again I would say this once again. The big test for Bitcoin will be 10K. If this level can be breached, then Bitcoin can rally quite a bit. But if it is not possible, then we may witness another bear rally, which can take back the prices to the level that we had in March.

Current market cap is fair and I would not say that it is neither over-priced or under-priced. BNB has few uses as of now, other than paying for fee at the Binance exchange. But then the discount for using BNB will be reducing every year and in about 4 years BNB users will get no discount in Binance. So what will happen to the coin after 4 years?

Also, BNB has given close to 30x returns during the past 2 years. Is it realistic to expect another 10x or 15x returns? IMO, it has already reached a saturation point.

Well... you went for WABI and KMD, right? Both the coins are up during the last 2-3 months. WABI is up by some 120% and KMD is not doing that bad either. I just hope that you didn't dumped them in March. That said, you went for a couple of little known altcoins and you knew that you were taking a huge risk. Fortunately for you the things went well and you still ended up with a profit.

But then.. it will be better to think about your investment for some time before making quick decisions like this one: https://bitcointalk.org/index.php?topic=5124947.msg50402477#msg50402477

ROFLMAO...  

Gave you one merit for the pic.

The problem is that Binance was hacked a few days back. In fact none of the active exchanges seems to be safe from hacks and robberies. Binance claims that the amount of coins lost to the hack is not very significant, and they will not face any operational difficulties as a result of this. But in case they got hacked once, how can they confidently say that there will not be a repetition in the future?