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7401  Bitcoin / Legal / Re: Is it legal to sell bitcoin for cash ? on: November 18, 2018, 02:43:37 AM
It depends on the country, right? Here in India, previously it was legal to sell your crypto-currency to fiat cash. However, now the RBI has made it clear that doing so is illegal within the Indian national borders.
7402  Bitcoin / Legal / Re: On legality of Bitcoin - legal till banned or banned till legal on: November 18, 2018, 02:42:13 AM
Bitcoin is a digital product. It is a bunch of codes and not a physical asset. And as far as I know, no one in the world can say that you cannot own a particular set of programming codes, unless the government brings a law for this purpose.
7403  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 17, 2018, 06:38:19 AM
New Zealand is really struggling, in both the departments. The absence of Brendon McCullum is being felt. And it doesn't help that Ross Taylor is not in the best of form right now (when was the last time that he scored a century?).
7404  Economy / Speculation / Re: Bitcoin will rise again in 2019 on: November 17, 2018, 06:23:28 AM
The prices need to stabilize first and the indications are that this is yet to occur. During the past 4-5 days, the exchange rates have fallen by more than 10% (even more in the case of altcoins). So I am quite skeptical about a recovery in 2019.
7405  Economy / Economics / Re: bitcoin and altcoin on: November 17, 2018, 06:21:48 AM
Bitcoin has a strong rise because it is the first cryptocurrency and the most famous of them all. As you can see the market when bitcoin falls most of the altcoins also falls or when bitcoin rise the value of most of altcoins also rise.

Even now most of the trading for the altcoins are in the form of Bitcoin vs alt. The volumes for fiat vs alt is rising, but with the exception of two or three major alts, this amount is much lower than that from the trade with respect to Bitcoin. So it is not very surprising that the exchange rates for altcoins remains closely inter-connected to that of BTC.
7406  Economy / Economics / Re: Do you have to make big investment before you can make profit in crypto? on: November 17, 2018, 06:17:41 AM
You can participate in various bounty campaigns and airdrops... but the payouts are really low nowadays. So if you want to get good returns in a short period of time, you need to invest a considerable amount.
7407  Economy / Economics / Re: Do you use cryptocurrencies in your daily life? Are they useful? on: November 16, 2018, 04:42:06 PM
I would love to use cryptocurrencies in my daily life. But now it is not possible, because in my hometown there are no shops which accept Bitcoin or any other crypto-currency. Even converting Bitcoin to fiat is no longer possible because doing so is illegal in India.
7408  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: November 16, 2018, 04:40:28 PM
With other investments, the best method to reduce risk is to diversify. But with crypto-currency that is not possible. Because the price of all the other crypto-currencies are linked to that of Bitcoin. So diversifying to other altcoins will not do the trick.
7409  Alternate cryptocurrencies / Altcoin Discussion / Re: Who actually invests in ICO's? on: November 16, 2018, 04:37:42 PM
There are still a lot of good projects ongoing in the ICO sector. They attract investment even from the mainstream investors. But then, I am surprised that some of the less promising ICOs are also successful in attracting investment.
7410  Alternate cryptocurrencies / Altcoin Discussion / Re: Now more than 2000 crypto currencies on coinmarketcap on: November 16, 2018, 04:36:03 PM
Even now, the vast majority of the altcoins are not listed in Coinmarketcap. I own a few tokens and alts that are traded in a few of the exchanges. But they are not listed in Coinmarketcap.
7411  Alternate cryptocurrencies / Altcoin Discussion / Re: seling or holding your altcoin ? on: November 15, 2018, 04:10:05 PM
During 2017-18, I had sold the vast majority of my altcoin holdings. Only some 10-20% remains now. And I feel good, because in almost all the cases their value went down after I dumped them.
7412  Bitcoin / Bitcoin Discussion / Re: What to do with your 13 bitcoins on: November 15, 2018, 04:03:43 PM
if i have 13 bitcoins i would save 10 btc into cold storage and 2 btc for invest by buying an altcoin and i would spend 1 btc for playing my favourite gambling games blackjack

Gambling is your choice. So I don't want to say anything about it. You are going to gamble away the entire 1 BTC, or are you going to stop at some point, and say that: "I had enough. Let me keep the rest for long-term holding"?
7413  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 15, 2018, 03:55:05 PM
Faulkner was one of the best all-rounders in the world when he was at his peak fitness, then injuries have set him back and since then he has never been able to get back into the Australian team. Maybe they feel they can't trust his body anymore, I'm not really sure why they don't consider him. I really think its time to inject some more young talent which we could see happen in the upcoming test series against India.

Faulkner is just 28 years old. There is a lot of international cricket left in him. Recently he had a few good games for Lancashire in the English county cricket championships. But I don't know whether he is 100% fit or not.
7414  Economy / Speculation / Re: Novogratz making predictions again hehehe on: November 11, 2018, 09:20:11 AM
I am surprised that people are seriously taking this clown once more. He is always underestimating the volatility of Bitcoin. As we have seen in the past, Bitcoin can easily go up by 400% in a matter of 2-3 months.
7415  Economy / Economics / Re: What is going to happen when we reach the 21 Million BTC supply limit? on: November 10, 2018, 05:59:56 AM
LOL.. the limit will be reached sometime in the year 2140 and we have a lot of time to think about that. We may mot be alive until then... so why bother about it when we are having a lot many other important issues to take care about?
7416  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 10, 2018, 05:58:24 AM
Australia struggles seem to be never ending, and there's hope, for all those who wish to see Warner and Smith back in the team asap. I had predicted that before the Indian series there will be calls for them to be included, and now it's all over in the media there's pressure on CA to recall them asap, it'll be interesting if they buckle down in pressure and get them back in the team.

Even when they got banned, I had posted here that the decision was too harsh. A lot of the other players have done the same, and they have escaped with small monetary fines. Then why single out Warner and Smith?
7417  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum for holding now on: November 09, 2018, 05:24:06 AM
I am in two minds regarding Ethereum right now. It has not fallen as much as the other alts and even now the exchange rate versus Bitcoin is above BTC0.03 per coin. So I would rather rate it as over-priced.
7418  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 09, 2018, 05:21:50 AM
The second ODI match between Australia and SA starts today. I'm interested to see if Australian can bounce back and put in a better performance then they did in the first game. This is a vital match for Australia as it could make or break the rest of the series and maybe even the upcoming test series with India. I just want to see Australia put up a fight today.

Australia in a lot of trouble right now. They are struggling at 142/4 after 29 overs. Enough of this. I believe that they should recall Warner and Smith. They were the top two players and the team is not the same without them. 
7419  Economy / Gambling discussion / Re: Finally - Khabib the Eagle vs Floyd MayWeather on: November 09, 2018, 05:19:51 AM
It may not sell like that of his fight against Pacman but still he could earn some bucks enough for him to finance his lifestyle for at least a year. He could land a rematch with Pacman next year which could bring him money enough for retirement.

The sales may be even better than his previous fight versus Pacquiao. Khabib landed in a lot of controversy after his match versus McGreigor. Also, whenever a Russian fights an American, it gets a lot of media attention.
7420  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 07, 2018, 05:38:17 PM
Now as we have many new leagues in 20/twenty we lost real cricket because most of players doing all only for money and they are not doing any thing for good cricket this is going to be like soccer in Europe in next few years we will watch too much gape between teams like India Australia England and South Africa and others because they have better resources and funds for developing their own structures and players others could be far behind in this.

Obviously non-Indian players are at a disadvantage since anywhere from 60% to 80% of the cricketing revenue comes from India. The scene is not that bad in Englad and Australia, but in the other countries the players are not earning well.
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