They forgot to look at themselves first, before overthinking the impact of cryptocurrencies.  I believe they are concern of the rising popularity of crypto, because this currency, they don't have the control so they don't know where money are going to or coming from. They are not comfortable that people will find a way how to control their own funds without the knowledge of the government. Anyway, they should place their concern over other pressing matters that involved fiat. They believe that cryptocurrencies pose a direct challenge for them. Why should people use shitty fiat currencies to store their wealth, when they have a much better alternative? The stock market and bullion were the only options available to the users earlier. But the government has manipulated these markets as well and they have a close interlink with fiat economy. But that is not the case with cryptocurrencies, and that explains their panic. |
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It's just bitcoin price going up because its adoption is growing not cryptocurrency in general and definitely not the token scam trend that has been trying to become popular again. The tokens whether they are called ICO or DeFi or NFT or whatever remain useless even after this many years. They are created purely to raise funds for no reason and then get some pump and dumps before they die.
Whenever there is a rally with Bitcoin, scammers appear all of a sudden with their shitcoins and worthless tokens. This has happened in 2017, and before that in 2014. This time also the same will repeat. Bitcoin prices are going up because of growing acceptability and mainstream adoption. The same can't be said about any of the altcoins (apart from a few such as ADA and BNB). Their prices are going up in terms of fiat currency, because most of the trade is conducted against Bitcoin. |
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His ideas are a bit scattered, but the numbers help to understand, however, the movement of the shitcoin market that is associated with the volatility of bitcoin has allowed those who own some of these Alts to obtain profits, they have only had to wait, ETH It is one of them but others have been an absolute lottery like Dogecoin, others have simply remained in the estimated ranges, this talking about the top 50 of cryptocurrencies.
But whatever the growth estimate of these Alts, they are still a speculative lottery, so it seems that for the amounts($$$) you handle you can afford to hold bitcoin, so do not complicate 99% bitcoin and 1% to the lottery.
If you look at the cryptocurrency market cap, around 95% is made up of Bitcoin and a handful of the top altcoins. The remaining 5% accounts for the smaller altcoins and tokens, which may number somewhere around 5,000-10,000. DOGE doesn't deserve the market cap it is having right now. It doesn't have any practical usage, as it was created in order to mock Bitcoin. And such cryptocurrencies will not last for very long. Those who invest in DOGE will regret about their decision later. |
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yes, banned Bitcoin is an impossible job right now...
The ones that can be banned are the exchange sites and other sites that deal with Bitcoin and cryptocurrencies but not Bitcoin. but now we already have a VPN and there are many ways you can do to avoid getting banned.
As long as you are dealing solely with cryptocurrency, there is no problem. But the issue is that you need to convert your holdings to fiat cash at some point of time. If you do that through online banking, then the government can easily track you. One option is to deal with physical cash. There are a few traders in P2P platforms who do that. But then, it can be quite risky to deal using physical cash with unknown people. |
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It's true however if those city mayors will cooperate to vaccinated those people easily let's say per city has population of 100 thousand people and if they can easily vaccinated 10 thousand people aday it's not impossible to vaccinated all people in india because they're so much affected by this pandemic if those government want's really to control everything they had choice to do so make a good plan lock down the cities and start making a good plan on how they can easily vaccinated those millions of people like in my country.
I guess vaccine availability will be an issue in India. If they want to step up the vaccination drive, then the vaccine manufacturers (Serum Institute in Pune and Bharat Biotech in Hyderabad) needs to make that many vaccine doses available. As of now, they are providing around 1-2 million doses per day and I don't know whether it will be feasible to step up the production without having an impact on the quality of the vaccine. |
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So whats a big deal if they use bitcoin. Any person do anything but we only blame bitcoin. This is not right. Bitcoin is just a way so why we will blame thats because of it is impossible to track sender and reciever. Well thats not the right fact. I want to tell another thing lots of Bangladeshi prople works in others countries and a huge percent of people use hundi method to transfer money in Bangladesh. Government knows and government also can track them and also government ban it. So what people still use hundi. I think if government start a user-friendly way for bitcoin in our country that people definitely also use bitcoin.
The Hundi/Hawala method remains the preferred mode of funding for 99.999% of the terrorist organizations in the South Asia region. And regarding this news, I am not even sure about its reliability. For me, it looks as if some of the government officials have come up with a wild theory with hardly any proof. They are looking for excuses to ban Bitcoin and to persecute cryptocurrency users. And scripted stories such as this one helps them to go ahead with their plans. |
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As the saying goes, attack is the best form of defense (at least as far as T20 is concerned). In the first match, Indian batsmen were in the defensive mode and they were bowled out for just 124 runs. In the second match, they started badly, but the power hitting from Ishan Kishan made sure that the series is levelled. Good to see that Virat Kohli has also regained his form, after so many failures in T20Is.
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Sri Lanka started well in the match and they had a 68 run first wicket partnership but they failed to put any partnership after that and now struggling with 148 runs and they lost 5 wickets and West Indies can win the match easily from a situation like this as they have the home advantage and Sri Lanka is not having any high quality bowlers that would put them in danger if it is a low scoring game.
Edit
Lost another wicket.
West Indies bowlers are always lethal at home. Danushka Gunathilaka and Dimuth Karunaratne started well, but neither of the two could get to a half century. They were losing wickets regularly, and I don't expect them to get to a total of 200. Akeal Hosein is bowling really well, in his 6th ODI match. Only the debutant (Anderson Phillip) is not performing among the West Indian bowlers. Ashen Bandara is still out there and if Sri Lanka want to get to 200 plus, then he needs to stay there till the end. |
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Ishan Kishan smoking the England bowlers in his first match. India is having a run rate of 10 right now, and the required run rate is under 7.50 (as someone said, cricket is a game of statistics)... Unless England breaks the partnership between Virat Kohli and Ishan Kishan in the next 2 overs, India is going to run away with the match. 17 runs from that Stokes over! I am damn sure that he's not going to bowl again in this match.
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There are some but I'm pretty sure they had already cash out some of their holdings.
The most popular names in crypto which made their fortune from bitcoin and had established a business, they are still holding until now but there are also people who just secretly enjoy their holding as they do not need to work harder just to make a living knowing bitcoin is already very popular now.
I am someone who purchased my coins in 2012, and I would say that more than 90% would have either cashed out, or lost their coins years ago. Even I ham now holding only around 20% of my original stash. I lost some to various Ponzi schemes, and I sold a large number of coins in 2015 and 2016, when the exchange rates were really low. Back then, no one really thought that Bitcoin would hit $60,000 per coin. |
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This was expected and it is just getting started.
It is interesting that European Central Bank is following them with faster money printing to fight with yield rise like ECB president Christine Lagarde announced few days ago, with 1.85 Trillion euros emergency purchase, and whole world will soon follow.
We can't even imagine what is going to happen with poor regions and with third world countries, but Bitcoin fixes this. For us Bitcoiners, it can't get any better than this. Let them print banknotes like there is no tomorrow. Very soon Euro and US Dollar (along with the vast majority of the fiat currencies) will be worthless pieces of paper similar to Venezuelan Bolivar or the Zimbabwean Dollar. Hopefully $100,000 coin level will be achieved in a few months from now, and higher targets may take a little bit more if they keep on printing like this. |
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But when it comes to investing investors should be wise enough to follow their own research, it's your money that you can lose if you made the wrong move, compare to clothing, investment is a fortune that you have to take care of and you should not depend on celebrities and make them your judge where to put your money, you can listen to them but never follow them blindly.
When someone like Elon Musk (who is the second richest person in the world right now) tweets about Bitcoin and his company (Tesla) invests in it, there will be a big boost in the exchange rates of BTC. This is the reason why people are investing in BTC, and not solely because Musk tweeted about it. Also, there are other factors such as institutional investment and acceptance by major corporations such as Mastercard and Microstrategy. Musk/Tesla had their role in the recent bull run, but there were other factors as well. |
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What do you guys really expect after statements from Janet Yellen and Elizabeth Warren? The indications are very clear. The Biden administration is not comfortable with cryptocurrencies, at a time when multi-trillion stimulus measures are being adopted. They are trying to wage an indirect war on cryptocurrency by targeting exchanges such as Binance. They know that they can't directly target crypto.
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Here are the latest stats from 14th March 2021. Total market cap: $1,813,369,785,639 ( +16.32%) Bitcoin: $1,124,832,271,719 (62.030%) Bitcoin forks: $15,378,377,193 (0.848%) Stablecoins: $54,987,579,431 (3.032%) Altcoins: $610,115,354,381 (33.645%) WBTC: $8,056,202,915 (0.444%) This is the change compared to my last post: Bitcoin: +1.525%
Bitcoin forks: -0.026%
Stablecoins: -0.351%
Altcoins: -1.185%
WBTC: +0.038%Here are the latest stats from 7th March 2021.
Total market cap: $1,558,926,259,863 (+7.55%)
Bitcoin: $943,231,698,448 (60.505%)
Bitcoin forks: $13,630,798,166 (0.874%)
Stablecoins: $52,738,125,483 (3.383%)
Altcoins: $542,984,876,693 (34.831%)
WBTC: $6,340,761,073 (0.407%)
This is the change compared to my last post:
Bitcoin: -0.293%
Bitcoin forks: -0.023%
Stablecoins: -0.117%
Altcoins: +0.431%
WBTC: +0.002% |
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The price of Bitcoin is now very high, and some of the top altcoins are now very high. But many people ask what is the right strategy to buy
at the dip, If we look at the performance of Bitcoin and altcoins you may have to wait a little longer if we want to buy at a dip. My advice if
we wants a long-term investment can buy at the current price and HODL at least 3 years. Then for those who want short-term investments,
wait for the price of the coins we want to buy to drop by about 20%. But don't use all the capital we have, in case the coins we buy drop lower,
we can buy them again.
The "top" alts now account for more than 60% of the altcoin market share. I am talking about three of the top altcoins - Cardano, Ethereum and Binance Coin. These three account for a market cap of close to $300 billion out of the total altcoin market cap of $500 billion. A few years back, I had predicted this. There will be a consolidation in the cryptocurrency sector, with only Bitcoin and a few of the top alts managing to survive. And that is happening now. Despite the rally, the smaller altcoins are dying out. |
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Previously ordinary people used to be hesitant to invest in Bitcoin. Because Bitcoin was not supported by the banks or other mainstream financial institutions. It was also not legal in many of the countries. But the situation has changed with the entry of corporations such as PayPal, MasterCard, MicroStrategy, Tesla and New York Life. Now ordinary people believe that Bitcoin has become more mainstream and it is safe to invest in it.
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This was what I posted on 6th March. I was following this thread closely, but now the OP seems to have abandoned it and moved on. He has made some posts in the Turkish section of this forum, but no updates here for the last two months. From his updates for the 6 weeks up to January, I could see that he spent a total of €420 to purchase BTC0.015054. He should be in profit right now. As per the current exchange rates, the net worth of his coins stand at €612, which represents an increase of +46%. After 8 days, let's calculate the ROI for the OP from his investment in Bitcoin. Current exchange rate is 1 BTC = $60,431 As per the last update, OP had purchased BTC0.015054 in 6 weeks (and probably stopped after that). The current net worth of his investment stands at €761, which represents an appreciation of +81% in just two weeks. |
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Another quick-fire innings from Prithvi Shaw, and that means that Mumbai have won the Vijay Hazare Trophy by 6 wickets margin. Shaw made 73 runs from 39 balls and destroyed the Uttar Pradesh bowlers. Aditya Tare was declared as the man of the match, for his 118 n.o, but it was Shaw who made the win possible for Mumbai. For UP, Madhav Kaushik scored big runs, but he was a bit slow during the start of the innings.
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Do you think that Virat Kohli will give up his captaincy, if so he should give up his IPL captaincy from RCB as he failed to win the tournament till now  . Rohit Sharma is the next in line if he gives up his captaincy but i do not think his big ego will allow that . RCB used to be one of my favorite teams in the IPL, but their performance during the last edition of the tournament (IPL 2020) was less than satisfactory. First of all, they failed to enter the playoffs. Apart from that Kohli was involved in a series of ugly incidents. One incident that left me very angry was the intentional beamers bowled by Navdeep Saini towards Marcus Stoinis and Rahul Tewatia (Saini refused to apologize). Kohli was indifferent during both the occasions. And also, in Australia Rahane proved to be a much better captain. |
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