I support Ethereum ETF, but I never expected that a date would be finalized for approval before the year ends. This is good news for everyone who believes in Ethereum and who has invested in it as the approval might spike the price to a great extent. The date for the ETF to be approved is after Bitcoin halving which could bring back the bull market earlier than expected.

Except for the number of posts being created in December, we managed to get to the worst activities on the local board compared to November. I am assuming the post amount increased because there was competition and few of us were part of a signature campaign that required more posts every week to earn. Otherwise, I do not think anything different happened in December, and looks like business as usual in January. The condition won't change after halving as we can only see a few new users who are active here. 

In a country like ours, the commission system and rampant bribing are most common. Nothing gets approved unless there is a commission set for the babus and a bribe is paid to a local politician. In such a country where a noncorrupt officer cannot survive in the system without being corrupt high taxes do not help in the development of the nation. I was going through the per capita income of Indians according to the state. Goa has the highest per capita income for 2021 which was above 4 lac and Bihar is the lowest which was 43k. A big deficit in earning capabilities between the two states, but the tax slab is the same for every Indian living in these two states. This is why you would find more Biharis working outside their home state as their earning are not sufficient in their home to survive every month.

Cryptocurrencies gave that opportunity, but as usual, the government of India took it away by implementing an atrocious tax. According to my understanding, the steps that the government has now taken will only encourage the youth to go into illegal ways to access international exchanges. The government will only end up losing more revenue than it achieved in the previous financial year. 

Even Hongkong main bank has filed for first Bitcoin ETF. The Chinese are doing it through their proxy which they have been doing in the past. Some other big names where cryptocurrency is being encouraged might now come up with their own Bitcoin ETFs. Apart from Ethereum ETF, I read a few big financial institution in the US have applied for Litecoin ETF.

Australia haven't lost a single game up till now and they should win comfortably. I haven't seen any of thier games but this match should be good. England should be able give them some competition. Yesterday both Pakistan and India dominated their respective games. Such one side cricket does generate any enthusiasm and it doesn't keeps the interest alive. I hoping that doesn't happen when these two teams face each other today.

At a time when everyone is going after shitcoin, you did find a good project. I am not sure why the price of this token is not going up as the last time it went up was in 2021 when it went to $9. It is still using Ethereum blockchain and unless they come up with their blockchain the price won't go up. If you are planning to hold it for the long term then check their roadmap and find out what they are planning. Unless the developers do not come up with something unique for the project I do not think the price will move.

If you have money to spare and have the intention to get a good profit from the bull market then invest in new tokens. Investing in new tokens is always a high risk so be prepared to lose all your capital in one go. After you have done your research still a new token can shut the shop and the developers can leave if they intend to only scam investors. It has happened in the past and can happen in the future. If you do not want yourself to be in that situation and are okay with small gains then invest in the token ecosystem as they are here to stay. By that I mean the coins that are running an ecosystem in which tokens thrive.

The current market is being dominated by the price of Bitcoin and it is not bullish but trading sideways. We can only say that with halving happening in the next two or three months the market will remain in the same way unless there is bad news. The bull market can only happen after the halving is completed and if we look back at the historic price movement of Bitcoin after halving it takes about 6 months to 1 year for the bull market to arrive after halving. 2024 is the time when we will see new cryptocurrencies getting listed in the exchanges hoping for the bull market to arrive.

I watched the match, it was a one-sided game where India dominated from the beginning. M Khan is a good all-rounder in the making, the way he batted and bowled yesterday he would easily get selected in an IPL team as soon as he reaches 18. Limbani is another bowler to watch out for in the future, the New Zealand batters were baffled by his in-swingers. He got 2 wickets and Pandey is a great spinner who got 4 wickets but missed out on his fifer.


The first test match was a disaster, the next one will start on the 2nd of February and hopefully, India will make a comeback. The problem that India faced in the first test was bad batting and exceptionally good spin bowling by Hartley in the second innings.

In India apart from the capital gain tax which is 30% we also pay TDS of 1% on every transaction we make. Considering the TDS we are still paying more as tax on crypto than any other country that has been listed on the OP. As such Indians have been paying the highest tax for the last 10 years on everything it is not just tax on your earnings tax in the form of GDP and others are the highest in the world. Before the present government came into power we were not paying taxes like we do now.

The complete top order was defensive and there is no denying the fact that Tom Hartley was lucky on that day. I mean everything was going in his favor and every ball was spinning. None of the other bowlers from the English side were as successful as he was on that day. The pitch cannot change so much that it was hard to play every ball that he bowled. Even our spinners were not as successful on that pitch as Bhumrah was. It is over and it is just another game of cricket that we lost.

You are write about Tax as TDS won't be applicable and capital gain tax would be lesser than what it is now. I am quoting this information from an article. The only problem is that through LRS a TCS of 20 % is applicable if the amount exceeds 7 lac. I think a lot of Indians who wanted to invest in Bitcoin but we're reluctant due to the big tax slab will now use this method.

If US can come up with Bitcoin ETFs then why India is not planning to do something like this. Bitcoin is considered a trade able commodity in India. Then it can get traded in Indian stock exchange.

Litecoin has a better chance of getting approved over Ethereum. Ethereum staking and it's centralized nature will not help it to get it's approval from the SEC. Litecoin is not that famous as it used to be earlier but it does have a good marketcap. It does have a community that governs it and that will be it's plus point.

Sarfaraz Khan didn't do well in the IPL, but he was quite impressive in Ranji and when he played against the England lion. I feel he is not a T20 material but an ODI & test cricket player. He takes time to settle, when he gets set he can hit a ton. Patidar should get an opportunity this time he is a specialist batter. The team does look young with the exclusion of some big players.

The hype of the BRC20 token is because it uses Bitcoin networks and those who have invested in those tokens have a weird belief. A lot of their investors feel that after Bitcoin halving when Bitcoin starts pumping these tokes will also pump. That is the primary reason a lot of investors who are new to cryptocurrencies are buying these tokens. Other than that from my point of view, these tokens are nothing but garbage which is creating congestion and high transaction fees for a small time Bitcoiner.

There is only one meme coin and that is Dogecoin as it was the first one. What you are seeing is developers are creating coins like dogecoin to cash the hype market. Those who were not able to join the hype when Dogecoin was dirt cheap are now investing in other meme coins with the belief that they would make good profits in the future. The first replica of Dogecoin was Shiba INU and those who have bought it are still stuck with their investment as it never made it to where Dogecoin is now in price perspective.

How can they both be similar? Matic or Polygon is a layer 2 solution on the Ethereum blockchain. It provides scaling solutions while Cardano has its blockchain which they are developing at a slow and steady process to build robust and regulated platforms for the decentralized apps. On price point, there is not much difference between them and both of them saw their ATH in the last bull run.

Bitcoin ETF approval did not act as a catalyst for Bitcoin price and went down after the approval. The speculation of ETF approval is a catalyst to the Bitcoin price and the same can be accepted for Ethereum. The problem is with the Ethereum protocol which is POS and the SEC has already filed a lawsuit against Ethereum staking. Unless the lawsuit gets resolved SEC won't approve the ETF and will keep it pending. If they approve it they are destroying their case and they know they cannot do it for that reason.

Those who were active here at that time mostly followed ICO projects that had bounties. I have heard that bounties were a good source of earnings at that time as most of them used to get listed on exchanges. They allowed hunters to cash out their set of tokens but now they do not allow and rarely there are good bounties for hunters. I was not aware of cryptocurrencies at that time so missed the chance and missed the opportunity to participate in some good ICO from 2017 to 2018. I came to know about that time when I read this thread and others that were discussing ICO.

It all depends on which coin you invested in and what time you invested. Buying at low and selling at high is the process that brings in big profits. The best time is when the market is in red to buy coins that you think have potential. when the market is in green then it is the best time to exit from the coin. Although there are investors who tend to hold for the long term to gain high profit that is only possible when you invest in Bitcoin or other big coins. In times when the market is red is the time when long-term holders should start accumulating more that will result in higher profit.