This would be intresting franchise greeting sued by players for not paying their salaries. Eventually the franchise will pay the due amount but for 10 years they were able to avoid those payments. Thanks to BCCI and incompetent members this was possible.
Looks like the BCCI had other important priorities. I am not a big fan of the BCCI. They are too greedy and never bother about the players or the sport itself. The players are just treated as money making machines, without any sort of respect. And IPL remains the cash cow of the BCCI. An estimate in one of the leading newspapers estimated that the BCCI makes $1 billion every year from the IPL. If they spent 0.1% of that amount, this issue could have been resolved and the players would not be facing bankruptcy. |
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They are ranked below Bangladesh in ODI ranking and below Afganistan in T20. This was the same team that has won ODI worldcup. There are so many legendary players in Srilankan cricket and now you won't find a single player playing the IPL. Such a decline can only happen if the board is corrupt and incompetent.
They won the ODI World Cup 25 years ago.. many of the players from that squad are in their 50s and 60s now. Perhaps the squad of 1996 was the best that Sri Lanka ever produced, as it had their best players. To name a few, Muttiah Muralitharan, Chaminda Vaas, Sanath Jayasuriya, Romesh Kaluwitharana, Aravinda de Silva, Arjuna Ranatunga and Roshan Mahanama were present in that squad. These players retired after a few years and the downward spiral of Lankan cricket started almost immediately after that. |
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Why he's not asking same to his respective franchise?
As far as i understand he and franchise signed the whatever contract on that time. BCCI didn't bought him during the auction, Franchise did. So any dispute should be between him and franchise. BCCI can mediate but saying that BCCI should pay him sounds weird to me.
The problem here is that the franchise in question no longer exists (Cochin Tuskers). So I believe that it is the duty of the BCCI to reimburse the players of whatever dues that are pending. After all, the BCCI has the overall responsibility for the IPL, and they receive franchise fee. Given the slow pace of the legal system in India, going to the courts is not something that I would recommend. It has been 10 years (if I am not wrong, the money is owed from 2011), and the players don't deserve to undergo this trauma. |
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Don't know what was Jayasuriya was thinking. Golden days are over for the Lankans, not expecting anything extra ordinary in next 3-4 years except couple of blinders here n there. When Jayasuriya was captaining the Sri Lankan team, Bangladesh was an associate nation and they didn't had the test status. Perhaps he is still stuck in that time. It may be hard for him to admit that now Bangladesh has leaped past Sri Lanka and the latter is on the downward slide ever since players such as Malinga and Sangakkara retired from international cricket. Rather than blaming the players, she should rather give suggestions to improve their performance. |
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This news is at least three months old and was already posted in the Legal section of this forum: https://bitcointalk.org/index.php?topic=5317970.0It is always great to see some of the economic powers taking a more favorable view of the cryptocurrency. And Russia has a very influential role in the cryptocurrency market, because some of the earliest developers and crypto-based businesses originated form there. And from what I have heard, cryptocurrency mining is also booming in Russia, thanks to cheap electricity. Now with the government also being supportive, Russia has the potential to become one of the crypto superpowers. |
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I expected Bitcoin to go much lower before recovering, this seems a bit early considering how low it went every pump in the past. I don't think this is going to be full recovery even though it is going trough an increase for the past few days, it will probably go lower since it is too early for another pump. Buying at the current price would be a risk, at least in the shorter run, but maybe it would pay off.
How much lower you want Bitcoin to go? It dived to $31,000 from an ATH of $62,000, which represents a dip of 50% in less than a month. Actually it was more than what I was expecting from BTC. And even in 2018 (when we had the most extreme correction), the prices never dipped by so much in such a short duration. And also, since institutional investors were making large scale investments with cryptocurrency, I was of the opinion that the volatility should reduce. But all those calculations and assumptions were proven wrong. |
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Elon Musk's case is similar to the story of the boy who cried wolf. He has millions of followers in the social media and obviously he has a lot of influence over his followers. But when he misuses this influence very often, at least some of these followers will stop taking him seriously. And that is happening right now. People are getting tired of his flip-flops and inconsistency, especially with regards to cryptocurrency. Now a lot of his followers have cast doubt on his real intent as well. Hopefully he has taken notice of this and will make an attempt to come clean.
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I agree with you, savings accounts at a bank are not very attractive at the moment. For the last 5 years at least was the interest rate on the savings account below the inflation rate. On top of that are the bank fees rising. In my opinion going for banks is not a very attractive investment at the moment. The only real alternative are TIPS but these are treasury bonds and not really from the banks itself. So going for Gold and Crypto Currencies is the best way to protect ourself from inflation in my opinion.
That is not surprising. Because the argument is that you need to pay fee on the services that the bank is providing to you. They are storing your money and providing you access to debit cards and ATMs. That is the reason why the savings interest rate is much below the annual inflation rate. Nowhere in the world, you will find savings interest at a rate that is above the prevailing inflation rate. And in countries such as Japan, they have started to implement negative interest rates (which is not surprising, given the very low inflation rate there). |
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I lost a big sum of money because of bitcoin fall. What can I invest in to avoid risks like that? Or at least to bear lower risks?
Did you sold your coins, or are you saying that the portfolio is down in terms of fiat? If it is the first case, then you can only blame yourself. There are hundreds of threads here in this forum, warning the users not to indulge in panic selling. If you sold your coins despite all these warnings, then there is hardly anything we could do about it. If it is the second case, then there is no need to get rattled. We'll be back to the previous levels in a month or two, and the basics are still strong. Just need to sit tight. |
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Sometimes corrections are inevitable for a healthy market. I don't think we are in a bear market right now. There would be some corrections, and Elon Musk and the Chinese issues are just an excuse. The markets are about to have good times again right now  Normally corrections result in an increase in the Bitcoin dominance. But that didn't happened this time around. At the time of correction, the dominance was 40%. And although it went up to 47% immediately after the correction event, the altcoins rapidly recovered and now the dominance has been reduced to 43%. For a healthy cryptocurrency market, I believe that the Bitcoin dominance should be at least 60%. We are a long way away from that figure, and many of the shitcoins continue to enjoy tens of billions of USD in market cap. |
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Inner Mongolia is highly influenced by the Chinese government so I was surprised that they took some time banning bitcoin. I think that this will push a lot of miners into a corner to either go overseas or stop their operations. I expect the prices to drop but not as drastically low as the China ban.
LOL.. highly influenced? Inner Mongolia is a province of China and the Chinese laws are applicable there. And the current crackdown has nothing to do with any anti-cryptocurrency policy change. The justification given by Inner Mongolia government is that they are asking all the high energy consuming industries to shut down, in order to reduce the electricity usage. Many of the cities there are facing high levels of atmospheric pollution, and the government wants to reduce the amount of electricity that is being generated from coal-fired powerplants. |
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That is a true fact, actually the creators even said so themselves that is the biggest proof. I mean if it was just something that we said then someone else can argue that we are wrong and can create a counter-argument for it but when the person who created the coin we are talking about saying that it was suppose to be a joke and a meme and nothing more than you are really not giving yourself that much room to work with and it is definitely a shitcoin without a doubt. That is why I think there is really no chance that people could take this seriously. All the people in the world are either saying it is a shitcoin and ignore it or they just want to make a quick buck and nothing more than that.
Historically a section of the celebrities have promoted Dogecoin through social media. And this trend started much before Elon Musk made his first tweet on Dogecoin. Snoop Dogg, Jake Paul and Mia Khalifa are some of the celebrities who have urged their followers to purchase Dogecoin. And Angela White claims that she is holding Dogecoin since 2014 (although no evidence has been provided for the same). One thing is sure. These people have realized that Dogecoin can be easily manipulated for their own benefit. |
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Finally a fight that is worth watching since it's 2 years since Pacquaio's last fight, I hope that he will be on a tip top shape for this fight because 2 years is a long time of not training.
That's true. But I heard rumors that this can be Pacquaio's farewell fight. Since he is planning to contest the 2022 Philippine presidential elections, there is no more room for any fights after this year. So in case this fight goes ahead in August, in all probability it will be his last fight as a professional boxer. There is a chance for one more fight in November or December, but since there are no proposals I would say that it is going to be difficult to squeeze in another match. |
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I would agree that they are progressive but the problem is that coupled with their progress is that they are violating a lot of human rights that I can't really be on their side in terms of progress. Also, their contribution to crypto is just that they have a lot of people that are interested and the state also bought a lot of bitcoin. Violation of human rights is a major accusation being made against the Chinese government for sometime. And we are hearing this ever since 1959, when they annexed Tibet to China. Recently they have targeted more and more ethnic minority groups. But there is not much opposition to this from the Chinese population. Because China underwent rapid economic growth during the last three decades while their neighbors such as India lagged behind. For the vast majority of the people, economic growth is more important than freedom of expression. |
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^^^ For the last 3-4 weeks, most of the states are under strict lockdown. Test positivity in Delhi has come down from 30% to 2%, and similarly the other state where the second wave originated (Maharashtra) is also showing a sharp decline in the number of cases. Most of the deaths are occurring in people who got infected 2-3 weeks ago and by mid-June the daily death toll should come down to 1500-2000 (which is still a large number). Vaccination program has slowed down considerably since April, due to the embargo imposed by the United States. The embargo was lifted only recently, and it will take a few months to get the production back to previous levels.
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The so called Chinese influence is always overhyped. It is true that there are tens of millions of cryptocurrency users in China.
It's not overhyped, how come the prices could go down in the instance that China announces something negative for the bitcoin market. I think that if your country can move markets, it is influential in my book. That's what I am saying. China is having a disproportionate impact on the cryptocurrency market. A lot of users give undue importance to China. As I mentioned earlier, if you look at the volumes Japan may be more important when compared to China. But the news from Japan never influences the exchange rates. A lot of people have this misconception that a larger population always translates to larger financial influence. That is not the case with cryptocurrency. For the cryptocurrency market, countries such as Japan and Germany are more influential, when compared to more populous countries such as China and India. |
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Sri Lanka really struggling at 91/5 after 26 overs. Unless there is a miracle, they will lose this match as well and that will leave them with a grand total of -2 in the ICC Cricket World Cup Super League (from 5 matches). Just one more ODI remains in this series and even if they win that one, they will end up with just 8 points (for comparison, Ireland is having 10 points right now). And given that their next ODI series is against England (and that too an away series), things really look tough for SL.
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You will find very low level of support for XRP from the more experienced users. Because as a centralized coin, XRP is almost diametrically opposite to BTC. It had close to 100% premine (among the major cryptocurrencies, only Stellar has a premine proportion which is even close), and even now the lion's share of the circulating supply is being held by a few promoters. On top of that the Ripple foundation's links with various banking giants makes many of us very about their real intentions.
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That is I think the importance of a law-abiding society because of course it greatly affects the low Covid 19 in the country.
the question is why educated people in India think that if they do not follow government instructions it is cool,
are they not afraid of Covid 19?
Being a resident of India, I would say that if the people were strictly following the social distancing norms, then this second wave could have been avoided. Even now I can see people roaming around carelessly without wearing mask (and we are supposed to be in lockdown). With such scant regard for law, I don't think that even god will be able to save Indians from COVID. Feel bad for the health care workers who are risking their lives to save these people. No one really appreciates their work. |
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There are a lot of promising coins out there, but one of the issue is with storage. For example, three years ago I was planning to purchase Cardano. But then I realized that in order to store Cardano, I need to install the Daedalus wallet, which will take a huge part of my disk space and waste a few GB of my mobile data every day. At that point of time, lite wallets and online wallets were not available for Cardano and I had to cancel my plans to purchase that coin. Now I am regretting about my decision, because Cardano went up by 30 times since mid-2018.
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