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1661  Economy / Economics / Re: Covid virus 2021 on: April 11, 2021, 06:36:53 PM
Humanity is not the first and not the last time faced with such a problem as a pandemic. The fact is that the world is as global as possible - international flights, communications and tourism - spread everything quickly all over the planet, so we got what we got. But look how quickly you started to deal with this problem? There are already a number of vaccines out there - choose yours. I already got vaccinated and forgot about this problem. In my country, infection rates are on the decline. All this has become an incentive to return to cryptocurrency and new ways to make money without leaving your home. This will only benefit all of us in the future. Cheer up, everything will be fine!

You are probably living in a developed nation and that is the reason why you are so confident about the vaccination scenario at your place. But in the vast majority of the developed nations, not even the highest priority groups have received the first dose of vaccine yet. And this new wave has made things more complicated, as the young people are increasingly getting hospitalized due the infection. On the other hand, infection rate has gone down by 90% or more in developed nations, where the vaccination drive has achieved its target.
1662  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 11, 2021, 04:54:51 PM
2 quick wickets and game tilting towards KKR for sure but dew could come into play, it should be tight game imo as SRH got depth in their battling line up where Rashid Khan comes at number 8 and he knows how to swing bat.

At this point, the game can swing either way. 88 runs needed from 8 overs at 11 runs per over, with 8 wickets in hand for SRH. And the most important thing here for SRH is that Jonny Bairstow is at the crease. But I disagree when you say that SRH has got depth in their batting. Look at the players who will come next -  Vijay Shankar, Mohammad Nabi and Abdul Samad. None of these three are in good form right now.

Edit: Bairstow is out. Cummins got the wicket.
1663  Bitcoin / Bitcoin Discussion / Re: Will governments ban Bitcoin like they did with Gold? on: April 11, 2021, 02:26:15 PM
If they want to ban, then the ban has to come from some global agency such as the United Nations. Since Bitcoin is a digital currency and it doesn't exist in the physical form, regionalized ban will never work. The users will simply move their assets from the country where it is banned, to another country where it is perfectly legal. The only impact is going to be a decrease in tax revenue for the country which banned it. If this was not the case, then Bitcoin would have been banned by most of the governments ages ago.
1664  Bitcoin / Legal / Re: Status of WEX (World Exchange Services) on: April 11, 2021, 01:51:50 PM
It was possible to get as much as 85% by waiting until they refunded 68% a couple weeks later and selling the tokens they gave. Some people even double down and invested in tokens as wex was paying their debts until it shut down.

Well.. I made the mistake at this point. Although I quickly withdraw my BTC, I kept LTC and other alts in Wex.nz, along with the tokens. And rather than immediately selling the tokens, I waited for their prices to increase. And when Wex.nz was closed down by the authorities, I lost all that money. I guess I lost around $1,000 worth of tokens and coins back then. The current exchange price would be somewhere around $50,000 to $100,000.
1665  Economy / Economics / Re: Russia; The digital ruble will be launched in 2023 on: April 11, 2021, 01:43:01 PM
I like the idea, but I don't trust their national currency (Russian Ruble). The exchange rates have crashed by almost 3 times during the last 7 years. So unless you want to use RUR for instant transactions, I would not prefer using that currency. If it can go down by 300% during the last seven years, it can do the same in the next seven years as well. And this so called digital ruble is the same as normal ruble. The only difference is that it is in the cryptocurrency format.
1666  Alternate cryptocurrencies / Altcoin Discussion / Re: All Eyes on BTC Dominance! on: April 11, 2021, 01:31:19 PM
Right now, I am not at all worried about the Bitcoin dominance. I have seen shitcoins such as DOGE increasing in prices by 25x or 30x, and a large part of the increase in altcoin market share comes from these coins. Take my word. Only 10-15 altcoins have any real life usage (such as ETH, DOT and BNB) and the remaining are just going up due to hype. When they crash, they will lose 95% to 99% of their value (similar to what happened in 2018).
1667  Economy / Gambling discussion / Re: Transactions Fees x Gambling on: April 11, 2021, 01:21:16 PM
I've been doing the same thing as well. I was really struggling with the transaction fees before but when I learned to switch to XRP, I saved fees. You can also use other altcoins to have cheaper fees because gas fees for Ethereum are too high. Bitcoin actually has a lower tx fee than Eth.

XRP is too volatile. It can go up or down by 30% or 40% in a single day. I would prefer more stable coins such as LTC or BCH. ETC can be a good choice as well, but this particular coin is not being accepted by lot many gambling sites right now. Ethereum is a big no these days. The withdrawal fee can be as much as $25 or $30 if you use Ethereum. The developers are claiming that the fee will come down once they implement ETH 2.0 completely, but I don't think that it is going to happen anytime before 2024. So unless you want to wait for 3 years to process your withdrawals, you can use some of the other coins such as XRP or LTC for your withdrawals.
1668  Bitcoin / Bitcoin Discussion / Re: Where would you sell if you had bought 10 Bitcoin at $100? on: April 11, 2021, 01:11:24 PM
I am someone who purchased BTC at a rate of $10 per coin in 2012, and I still have a large fraction of my initial holdings remaining in my wallet. I was going through the replies and it is surprising that even after 100+ replies no one really thinks that it is not necessary to sell all of your coins at once. I purchased my coins in 2012 and sold around 50% of them in 2015. And from 2016 to 2020, I have sold around 30% more. I have around 20% of my initial holdings remaining. I have purchased equities and bullion from the proceedings. Obviously if I had held on to my coins, then I would have been in a much better position, but I don't have any regrets about it.
1669  Bitcoin / Bitcoin Discussion / Re: I have $150,000 US dollars and my target is a 10x gain. Stop me going all in now on: April 11, 2021, 01:01:13 PM
Having 9 years of experience in cryptocurrency sector, I would like to point out two things (which you may or may not listen to). First of all, going for long term hold doesn't mean that you need to hold 100% of your coins until 2031. You should be having incremental targets and small amounts of coins can be sold once these targets are achieved. And secondly, I am not a big fan of altcoins from my experience with them during the last decade. I would suggest splitting your investment in a 80-20 ratio (BTC - 80%, alt - 20%), or even a 90-10 ratio. While investing in altcoins, always go for coins that have real life usage and high liquidity.
1670  Economy / Economics / Re: Covid virus 2021 on: April 11, 2021, 12:51:24 PM
It was the same for my country at first, the country was lock-down and things where difficult but even before covid-19, I understand most youths in my country where already involved in crypto trading and during the pandemic lockdown it just went full scale I guess/
Though even with the continue cases in other parts of the world, my country has since return back to normal living with people going around their businesses with little attention to the pandemic because there is Hunger in the nation and the government are not really helping the situation though some level of vaccination are going on but like I said earlier, people have already decided to live their life's regardless and I hope this pandemic would be controlled to a great degree sooner.

Yeah.. I have seen the same pattern from all around the world. Some people (mostly the youth) no longer care about wearing masks or maintaining social distancing. They seems to be having a false belief that only middle-aged and elderly people are vulnerable to CoVID 19. But this thinking is wrong. The new strains have a much higher mortality rate among those in their 20s and 30s. And this is the main difference between the earlier waves of CoVID and the current wave.
1671  Economy / Economics / Re: Coinbase VS Binance Valuation - is Binance way undervalued? on: April 11, 2021, 12:41:05 PM
Binance (BNB) has gone up very sharply over the last few weeks and the current valuation is more than the expected market cap of Coinbase upon its NASDAQ listing. So it will be wrong to say that Binance is undervalued at current prices. Actually it was underpriced a month ago, but that is no longer the case. And IMO, Coinbase deserves a higher valuation compared to Binance. Coinbase is having most of its user base from the United States, while for Binance the users from US constitutes a small minority. Another very important factor is that Binance doesn't enjoy a very comfortable relationship with the government authorities.
1672  Economy / Speculation / Re: Bitcoin dominance hits 57.7%, alts lagging behind on: April 11, 2021, 12:31:10 PM
Here are the latest stats from 11th April 2021.

Total market cap: $2,043,616,708,091 (+5.62%)

Bitcoin: $1,113,746,555,942 (54.499%)
Bitcoin forks: $20,894,885,007 (1.022%)
Stablecoins: $65,492,750,088 (3.205%)
Altcoins: $834,763,497,404 (40.847%)
WBTC: $8,719,019,650 (0.427%)

This is the change compared to my last post:

Bitcoin: -2.072%
Bitcoin forks: +0.201%
Stablecoins: -0.044%
Altcoins: +1.914%
WBTC: +0.001%


Here are the latest stats from 4th April 2021.

Total market cap: $1,934,811,929,758 (+5.95%)

Bitcoin: $1,094,537,762,192 (56.571%)
Bitcoin forks: $15,900,057,481 (0.822%)
Stablecoins: $62,855,738,159 (3.249%)
Altcoins: $753,291,640,641 (38.934%)
WBTC: $8,226,731,285 (0.425%)

This is the change compared to my last post:

Bitcoin: -2.549%
Bitcoin forks: +0.031%
Stablecoins: -0.019%
Altcoins: +2.550%
WBTC: -0.013%
1673  Economy / Economics / Re: Janet Yellen to call for unified global corporate tax rate on: April 11, 2021, 12:22:13 PM
So we're back to the "Republicans are always good for the economy" trope?  If it isn't already absurd enough that nations chase perpetual economic growth, surely it's even more absurd when they think they can achieve that by cutting their way to growth?  I'll never understand republicans/conservatives.  They don't want to pay for public services, but they still expect them to not only function, but function well.  It's truly baffling.   

I am not an American, but still I would say that Republicans are much better for the economy than the Democrats. How can you claim that Democrats are in favor of economic growth, when they are increasing taxes left, right and the center? All they have done ever since they came to power is to distribute some $400 billion in cash mostly to individuals who don't need them and to spend another $1.5 trillion to failed cities and unions. If this is your idea for economic growth, then I would disagree. Public services were fully functioning when Trump was the president, and for that he didn't raised the tax levels.
1674  Economy / Gambling discussion / Re: Transactions Fees x Gambling on: April 11, 2021, 12:11:07 PM
In the gambling sites to which I am registered to, they allow funding using Litecoin and Bitcoin Cash. Previously I used to do deposit with LTC, but now I don't have any LTC remaining in my wallet and therefore nowadays I use BCH for this purpose. That said, I am going for this route only because I am holding some BCH in my wallets. Converting your BTC to BCH and then using it to fund your account is not a viable option.
1675  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 11, 2021, 12:01:11 PM
I don't understand why they are not allowing the broadcast of IPL in Pakistan. I heard from my Indian friends that they were able to watch the Pakistan Super League (PSL) on various TV channels and Hotstar. If that is the case, I don't know why the Pakistan government should implement this ban. Obviously Pakistan players are not allowed in IPL, but that is another topic and it should not be mixed with the broadcasting of the matches.
1676  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance raised withdrawal fees again? on: April 09, 2021, 06:32:21 AM
The fee was increased long ago, exactly after few days when they first started to charge $0.20 USDT. This was a stupid decision in my opinion and from some point of view, it was totally biased decision to encourage the usage of their BUSD.

Why should they encourage the usage of USDT, which is essentially a stablecoin token issued by one of their competitor exchanges (Bitfinex)? I am quite surprised that they still allow USDT in Binance platforms. Now regarding the high withdrawal fee, I don't think that $0.20 will discourage a lot of users from doing transactions with USDT. I have seen a lot of users still transacting with USDT in ERC-20 Blockchain, despite the very high fee (~$20). 
1677  Economy / Economics / Re: Russian vs foreign companies on: April 08, 2021, 07:52:49 AM
It's obviously bad for consumers. If Russian software was any good and desired by consumers, they wouldn't need the government to force it onto devices in the country. Russia is an authoritarian country like China, and it's not surprising to see them attempting to prop up their uncompetitive businesses artificially through strongarm tactics like this.

It is not about whether the software is good or bad. Russian firms are being denied a level playing field elsewhere. Even in case of the vaccination against CoVID 19, the American regime forced many countries not to order the Sputnik V vaccine. The Nord Stream 2 pipeline is hit by sanctions from the US, although the German government is firmly in favor of its completion. When this is the case, why should the Russian government allow Western corporations to make profit in their jurisdiction?
1678  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: April 08, 2021, 07:00:27 AM
I agree with you here now time for good and positive changes in many cricket boards if they are not going with these then surely they are going to face situation like West Indies which ruined their cricket just because of very few mistakes now South African board is also doing some things if they want to stay in top then need to bring some revolutionary changes merit and not political interference.

I don't think that for West Indies, the problem was with the cricket board. The players simply refused to give preference to national team duty, as they were busy with various franchise T20 leagues. The issues were different and you can't really compare the case in West Indies with that in South Africa. And moreover, the WICB seems to have reached a deal with the players and both the sides seems to be satisfied with the deal as of now.
1679  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB still undervalue on: April 07, 2021, 06:33:54 PM
BNB is in all time high price today. 414 USD is new ATH. I'm sure we can see higher prices this year but today we might see a down move after TKO sale. We'll see how it goes.
I can't believe this project alone can raise the price of BNB to $ 414. But the token rate is gradually returning.

It is mostly due to the hype created by the Coinbase IPO. If the IPO (or direct listing in NASDAQ) flops, then there is a chance that BNB may get negatively impacted. Anyway, all this is creating a lot of hype in the cryptocurrency market. The Coinbase listing is going to be the largest ever cryptocurrency related stock market listing. A few months back, BNB was struggling to cross $30 per coin. And look at where it is now.
1680  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 07, 2021, 05:21:39 PM
Another player from RCB squad tested positive so who will join with Padikkal who already tested as positive so now most of the bio bubble burst means we are going to see what happened on PSL or BCCI is still strong that they can conduct all matches on time as per the schedule in India itself?

So many people testing positive despite the strict protocols. I really don't know whether the IPL can go ahead like this. There is a very good chance that it will get cancelled. Today we had another new daily record in India, with more than 120,000 positive cases. Mainstream media sites such as EspnCricinfo are trying their best to hide the news about positive results from the bubbles. But every day more and more people are testing positive from inside these bubble facilities.

Here is a partial list of players and staff who have tested positive so far:
1. Axar Patel
2. Devdutt Padikkal
3. Nitish Rana
4. Daniel Sams
5. Kiran More

The list is incomplete, because the BCCI is trying its best to suppress the news about new positive results.
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