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861  Local / India / Re: How does Indian crypto exchange survive? on: January 06, 2024, 08:44:42 AM
Quote
I wonder that how is binance being blamed for not adhering to AML. Making an account there clearly needs a KYC and the amount is traceable to the individual transacting. If anything, they get to keep the 1% on every transaction. Even on their P2P platform.

Though if this ban comes into affect, P2P will remain the only option. The forum could actually be a rallying point in that case.

KYC is different to AML policy, let's assume, the government wants information about a particular transaction form Binance, how will they contact Binance as they do not have an office. All their employees are scattered around the world. So, Binance need to provide a representative for any information that the government of India needs. They as in Binance is following it in Europe and the US but they are not following the same thing in India.

I don't think that these exchanges would not comply to the government request. They will as Indians are the largest users of the named international exchanges in the world.
862  Local / India / Re: Binance or Wazirx on: January 06, 2024, 07:49:33 AM
I do not use any of them due to mainly you need to pass KYC. I prefer using non KYC exchanges. There are only a few centralized exchanges left that allows trading without the need of KYC. There are many P2P exchanges where you can exchange cryptocurrency for fiat. Some of those exchanges are promoting or have promoted themselves on the forum through signature campaign.
863  Alternate cryptocurrencies / Altcoin Discussion / Re: is it a legit airdrop or not? on: January 06, 2024, 07:35:09 AM
I have never encountered this kind of airdrop before and most of the airdrops that ask for a deposit are scam. What I know is that Airdrop incurs a small fee when claiming as a transaction fee. for a beginner 0.1 BNB is very big and I think it is too risky. I suggest that you should only participate in free airdrops or don't need to pay any money.
So far, when I have participated in an airdrop, I have never been asked for any fees because how can they charge a fee when all that has been given so far is just that? Maybe I am the same as you in that this is the first time I know that there is a fee in advance, and if I ask for the value you said, it seems unreasonable because the value is quite high and may not be commensurate with the value that will be obtained. I agree. If there is an airdrop asking for anything under the pretext of a fee that must be transferred first, you can be sure it is a scam. It is better to avoid it, and it is true that many airdrops are free, and of course you cannot rely on them to pay.

That's right! Airdrop are done to engage the community not to ask them to buy to participate for the airdrop. Either OP has been scammed or the OP is a scammer promoting a scam project. I personally think OP has been scammed and has no clue that he was going to get scammed again.
864  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: January 06, 2024, 06:08:19 AM
For the very first time in this series Pakistan batting clicked in first innings of last test and there bowlers did a good job to restrict Aussies to 299. Now in second innings Pakistan should have scored 250 if they can't make another 300. The whole batting line up collapsed on just 115 runs. Pakistan should take some serious actions against its so called best bowlers who either abstained from participating in this series or got unfit in the series.

You are right the innings of Pakistan was far better than the second innings. They lost because of poor batting otherwise they could have either draw the match if they had good lead. Pakistan bowling has not been as it was earlier. I am not sure taking action against the bowler will be the right thing to do who opted out of the test series.
865  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Doge worth investing? on: January 06, 2024, 04:46:36 AM
understand that meme coins will only move if there is hype. if the hype is over, don't expect to get more out of it. it would be better to choose an altcoin that has a clear developer, clear direction of creation. try more to read the whitepapper of each altcoin you want to invest in.

so I don't think it's right to make meme coins as a long-term investment.
agree, especially investing in new or not yet popular meme coins. they only think about the big profits they will make when the meme coin is hype and the price rises high without considering the risk that they could lose all the money invested.

Not everyone who invested in memecoins have made profits. It is only a handful of few that were able to cash in the hype. A lot got rekt with the memecoins wave. A lot got scammed by the owners of new projects. A lot of them are still stuck with thier investment believing that one day the shit coin will pump
866  Alternate cryptocurrencies / Altcoin Discussion / Re: Continuous Launchpool on Binance on: January 06, 2024, 04:25:42 AM

Could you explain more please?

I saw many tokens listed on Binance, were picked to Binance Launchpool, pumped crazy after their listings. Profit for people who bought those tokens before listings is not small.

Any hidden secret to join Binnance Launchpool and get profit?
Any risk?

You need to read the below reply by OP

Well I think a good amount of tokens to be able to get a good profits for me is like 60bnb and above. If youll stake like 1 to 5 you really wont feel the free tokens as many have staked their bnb leaving few bnb stakers a very few tokens.

They wont disclose the rate or possible token amount per stake but you could check some users whom getting the tokens how big they are staking.

Risk is everywhere it is not that there won't be any risk. Some token crash immediately after listing while others pump, but if you stake BNB you get free tokens in the form of airdrop on Binance which you can consider risk free.
867  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: January 06, 2024, 04:19:37 AM
Pakistan should be blamed for the last test loss. Their batting was been an issue which needs to be worked on. The only good thing that happened with Pakistan in this series is that they found a good player Aamer Jamal. Mohmmad Hafiz wanted to beat Australia in Australia, end up getting defeated 3 - 0. A total failure of Pakistan batting can be blamed for the whitewash.
868  Bitcoin / Bitcoin Discussion / Re: What's Your Exchange to Wallet Ratio? on: January 06, 2024, 03:38:23 AM
Traders would keep funds on exchange whereas holders keep funds in their wallets. The amount won't be disclosed by traders as it is their trade secret whereas holders will keep 100% of their Bitcoin in a noncustodial wallet. It is always recommended to keep Bitcoin in a cold wallet for long-term holding. As cold wallet provides a lot of security as it is not always online.
869  Local / India / Re: How does Indian crypto exchange survive? on: January 05, 2024, 02:44:07 PM
The fact is, Indian crypto exchanges are suffering because of the government laws. The next fact is that these guys were doing whatever they want in their golden period. They manipulated the price, increased the transaction fees, increased the trading fees. Now, they are suffering because none of the Indian community would like to trade or use them. They are nothing but a conversion centre for crypto to INR.
870  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin ETF is not Approved on: January 05, 2024, 02:36:40 PM
Doesn't matter if ETF or any ETF's gets approved. The reason being these ETFs were applied was to utilize the potential store value of Bitcoin. These financial institution will keep on applying as they know the potential  earnings an ETF of Bitcoin will generate. Considering that it is the government that wants cash on the revenue of Bitcoin ETF. I feel one of them would get approved.
871  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you find new meme coins early? on: January 05, 2024, 02:24:20 PM
Why is everyone here replying to this topic so obsessed with meme coin. I did go through the number of replies and it felt everyone here except a few a eager to get rich. The point of creation of meme coin after dodge coin exploded was to utilize the hype and ensuring the trend continues. This is what is happening and it will continue unless newbie realize it is a loop to make money by those launching this shitcoin.
872  Local / India / Re: India cricket Discussion and predictions [self-mod] on: January 05, 2024, 01:00:43 PM
I felt T20 clowns infiltrating the test team to play test cricket. None of the Indian players are known as test players. Almost every player in that team is known from the T20 format known as IPL. A few like Kohli and Rohit are known for ODI and T20. Where are the test playing players? The selectors could have got a few players who have played good in the Ranji trophy. If India did not had Bhumrah and Shiraj in the team they would have lost the second test match too.

LOL!😂 You made a mockery of the existing team. Some of them like??? I guess none of the batters are batting well. This is the classic scenario which many Indian legends of 80s and 90s had predicted. We are watching a decline of cricket players who once defeated Australia in Australia. Look how Pakistan is getting destroyed in their current series.
873  Local / India / Re: India cricket Discussion and predictions [self-mod] on: January 04, 2024, 06:37:37 AM
This game is totally screwed by the host as India lost only 4 wickets with 119 runs on the scoreboard.

India lost 6 wickets without adding single run is another history that is created today.

Still, India is in the favor because they got over 100 as lead and started the second innings too with three quick wickets before the stumps.

More likely the game will end by tomorrow itself, that is kind of sad cause the 5-day test should be the ultimate thriller not the one-sided games that ends in day 2 or 3.

I was about to bet on South Africa but waited for Rahul to get out .. by the time I could realise team lost all the 6 wickets on the same score 😔

The bottom 3 are bowlers, cannot expect them to bat on a pitch where big batters are struggling. I expect some runs from Ravindra Jadeja and Jasprit Bhumrah but both of them fail to score any runs. KL Rahul tried his level best to stay on the pitch, he faced 33 balls but could only score 8 runs. The batting was not good because the pitch had an uneven bounce that suited pace bowling. India started well, Shiraj has not taken any wickets so expecting him to claim some today. I feel that the match will be over on day 2 as there is nothing left on the pitch for batters.
874  Alternate cryptocurrencies / Altcoin Discussion / Re: China ban people from using usdt on: January 04, 2024, 06:22:26 AM
China wants to promote its own fiat and is trying hard to stop other countries from trading in USD. This step might have been taken in that perspective as USDT is pegged to USD. In a way using USDT is basically promoting USD for business. They have stopped Chinese before from trading crypto. Now this move might be related to the ban.
 
875  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: January 04, 2024, 06:06:55 AM
Exactly! Indian Under Nineteen team is much stronger in this Tri-Nation Tournament. They played two matches and won and they are also leading in point table. I think if they will continue this performance so I hope they will win easily this tournament.

The Indian U19 team has become far more than other teams as they have been winning the U19 World Cup for consecutive years. They are to be the favorites in this tri-nation cup without any doubts. The problem happens when these youngsters qualify for the IPL. Their performance as a cricket player goes down because these guys get paid very well at a small age. Only a few then make it to the Indian national team and those few are the current ones we know as legends of Indian cricket like Kohli, Rohit, and Jadeja.
876  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: January 04, 2024, 05:57:29 AM
South Africa Vs India On Day 2 South Africa batting first innings with India team aiming to meet the target. We saw that on the first day the Indian team scored 153 runs, meeting the South African target and giving South Africa a lead of 98 runs. On the first day, the Indian team bowled exceptionally well due to which the batsmen of the South African team did not play well and were dismissed quickly. But South Africa on the second day performed much better than the first day where they were bowled out for 55 runs today losing 3 wickets for 62 runs. However, South Africa are batting with the intention of filling the lead given by India, if they can meet the target given by India and collect a good score then it is possible to put India under pressure. South Africa still needs 36 runs to cover the lead given by India, if South Africa can give India a huge lead of 200 runs in today's match then there is a possibility of winning.

The way the first innings ended, this match might get over on day 2. South Africa still trails by 36 runs and has already lost 3 batters. The magic of Siraj did not work in the second innings, hopefully it might work on day 2. Mukesh Kumar took 2 wickets again in the second innings, this guy is very consistent when compared with other new bowlers. Bhumrah has another wicket and as usual, his bowling has been great after his comeback into the team. The chance of India winning this test match is far better than the South African team.  
877  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: January 03, 2024, 02:51:40 PM
What is happening is unbelievable as on the first day, we would see the second innings to start. It is unbelievable for me as I have never seen a test cricket like today. South African batters are going good and we could see some good cricket in the second innings. I feel the pitch was made for such a test match cricket. I am not sure about it as I have never seen such a wicket ina test format..
878  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: January 03, 2024, 02:10:03 PM
Before the outcome of first innings, I thought that the Indian bowlers were good. After realising how it went after the end of Indian batting now, I am clear in my mind that this pitch is not for batters. Considering the way Indian batters lost wickets for just duck after the departure of KL Rahul, it is evident this is match meant for bowlers. The lead for South Africa is not that big as it is only of 94 runs. The South Africans can still be able to chase it without much efforts
879  Local / India / Re: India cricket Discussion and predictions [self-mod] on: January 03, 2024, 12:36:06 PM
Jaiswal has been a failure in this test series and thank God Rohit scored a few runs. Now it's is time for Gill to prove himself with Kholi on the other side. The pitch looks very deceiving and uneven. Not that easy to bat and if these two can play the rest of the day then tomorrow it might ease down. For now it looks very bad for batters and I feel it wouldn't be bad tomorrow.

Another wicket has fallen in quick succession. This time it is Iyer, he started well but got caught to the brilliant bowling of Burger. India has already lost 4 wickets and have only 55 runs lead. They would need a convincing lead to win the final test match. I feel a lead of 200 runs would be defendable. Looking.at the present situation it seem distant far from being achievable.
880  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: January 03, 2024, 12:31:13 PM
Whatever is happening today between India and South Africa is because of the pitch. Indian pace bowlers did well and especially MD Shiraj who took 6 wickets. He is the one bowler  who when goes on taking wickets without any mercy for the opposition batter. He was the won who is responsible for South Africa getting only 55 runs in the first innings.

India didn't started well as they lost Jaiswal for a duck followed by Rohit. Considering the Indian captain's current batting in this series, today he batted good. Kohli and Gill were doing well before Gill got out, not looking good for India. They have already lost 3 wickets after getting 110 runs on the  scoreboard.
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