BNB market cap has one again dipped below the $50 billion level. If anyone is aiming for long term investment, then at this rate I would say that BNB looks attractive. But should we invest in BNB immediately? I am not sure about this, because the SEC is rumored to be preparing a lawsuit against the Binance exchange. And we saw what happened to XRP when the SEC filed a similar lawsuit against them. So I would rather wait for some more time, before pouring my money in to BNB. There will be a major crash if the lawsuit is actually initiated, and that will give us the opportunity to accumulate BNB at very cheap rates.

Altcoins are recovering faster when compared to Bitcoin. If you check the market dominance of Bitcoin, it can be seen that the dominance went up from 39.9% to 47% immediately after the crash, but after that altcoins are fighting back gradually to take back some of that share. As of now, the Bitcoin dominance stands at 44.3%, which represent a considerable decline from the figure we had after the crash. In general, the mood in the market is that altcoins have fallen by too much too fast.

Why should it be free from "all government insight"? Do you really believe that this is practical? Governments around the world (examples are US, China and India) have stepped up their operations against cryptocurrency. On the outside they claim that this is to reduce tax evasion and to prevent terrorist funding, but the ultimate aim is obviously surveillance of the users. If you really want to be outside the "government insight', then you need to migrate to countries which respect individual privacy, such as Switzerland.

The so called Chinese influence is always overhyped. It is true that there are tens of millions of cryptocurrency users in China. But if you take the purchasing power of these users (per capita), it is much lower than that from neighboring countries such as Japan, South Korea, Taiwan and Hong Kong. Japan may be home to less number of cryptocurrency users when compared to China, but in terms of volume of crypto assets, I believe that Japan tops China. Also, many of the large scale Chinese users have moved their assets to off shore tax havens, to reduce the possibility of wealth confiscation.

Here I have to agree with you. It is futile to ban gambling, because people will indulge in it, one way or the other. If the legal avenues are not there, then they will use the illegal gambling dens and online sites. The question here is whether we want this. It will be much better, if the industry is legal and regulated by the government. Making it illegal will only push the entire sector in to the hands of organized mafias. In every country where gambling is banned you can see the same pattern.

Amazing counter attack from Mushfiqur Rahim. Bangladesh made a total of 246, after being reduced to 184/7 at one point. Rahim added valuable runs with the lower order, with Mohammad Saifuddin giving plenty of support. The 8th wicket partnership added 48 runs and that might have saved the match for Bangladesh. But it needs to be seen whether the match can be completed, as the weather prediction is not looking good.

If you want to do HODL, then you need to keep the coins for a few years and not for a few months. Given the volatility of different altcoins, we can't predict the returns if you are investing for such a short term. Even Bitcoin won't be safe for such a duration. Anyway, the coins that I would recommend at this point are - LTC, XLM, BCH and ETC. Most of the other altcoins look overpriced for me. I was a big fan of BNB and ADA, but these coins have rocketed up like anything and looks inflated.

How can you say that Ethereum and Polkadot are vulnerable to inflation, when their maximum supply is fixed? You can say that Dogecoin is vulnerable to inflation, because the maximum supply is not fixed. That is not the case with Ethereum. And they haven't implemented the PoS algorithm yet.. probably because they are not confident about it. In the end, Ethereum may end up with a hybrid algorithm with both PoS and PoW. But that shouldn't change the limit on maximum supply and therefore it should be safe from inflation.

Bangladesh is having such a huge population, and cricket is unarguably the top sport there. Despite all these, the performance of the national team has been appalling ever since they received the test status. Lack of a proper domestic tournament may be one of the reasons. But then how did Sri Lanka managed to achieve a lot more success, with just around 1/10th population and the same club-based structure? The Bangladesh national team has underperformed consistently and the reasons should be analyzed.

Being a resident of India, I have to agree. The biggest issue facing Indians right now is the shortage of natural resources, and the primary reason for that is the uncontrolled population growth. States with the highest population growth (Bihar, Meghalaya, Rajasthan.etc) remain as the poorest regions of India, while those with the lowest population growth (Goa, Sikkim, Karnataka.etc) have the best HDI ratings. There are tens of millions of migrants from the first category states who are working in the second group of states. The reason is very simple - their own states are overpopulated and can't provide jobs or facilities for these people.

Wait for some more time, before jumping in with your money. Because the altcoins haven't gone down as much as they should have. Bitcoin market dominance is still around 45%, which is still a very low figure. A proper correction should take the Bitcoin dominance to 60%-70% level and the altcoins should lose at least 3/4th of their current capitalization. Until that happens, I would say that most of the alts are looking overpriced. But these factors are not applicable if you are looking for very-long term holding (>5 years). In the extremely long term, these coins should return good profits even if invested at current levels.

If the victim had taken these sort of basic precautions, then he wouldn't have landed himself in this situation, right? These sort of blackmail tricks usually occur in third world countries, where the people lack knowledge about how to deal with cyber crime. Even in my area, there were a few instances of such sextortion attempts.

Here is the methodology - the criminals would receive WhatsApp or Facebook contacts through various means. The next step is that the female members of the gang would call the victim (either through video or audio). If the victim is really stupid, then he will think that some unknown female has suddenly become sexually attracted to him and will start sex chat with the gang member. Once the gang receive enough evidence, they will record everything and use the material for extortion and blackmail. In most of the cases, they target married men and this makes sure that the victims in most cases don't file a police complaint.

Even I have received video calls from unknown numbers in my WhatsApp account. I was careful enough to reject the call and block the number from which the call was being made.

Altcoins are continuously trying to poach market share and funds from Bitcoin, but in the end they remain heavily dependent on BTC. You might have noticed that whenever Bitcoin prices go down, the altcoin prices go down even more (in terms of percentage). This is because the liquidity with many of these altcoins are lower than that with Bitcoin. In most cases, the altcoins are kept at an artificially inflated level, by removing most of the circulating supply from trading. And this create issues when a correction occurs and the prices go down very steeply.

So that means that if the Ethereum fees jump by 10 times, then we should also expect a 10x jump in Ethereum fees? High fee is also a problem with Bitcoin nowadays. But the advantage with Bitcoin is that the fee levels are very volatile. Once in a while, it jumps to extremely high levels, above 250 Sat/Byte. But within two weeks, the difficulty levels will adjust and the fee will come down to 2-3 Sat/Byte. The problem with Ethereum is that the fee level remains constantly high.

If the entire world was under one government, then the socialist governments would sustain themselves for some time. But that is not the case and our planet is divided in to more than 200 countries and territories, each with a different form of tax structure. If the billionaires are taxes at 90% (as proposed by user el kaka22), then many of them would simply migrate to countries that have a more saner tax system. Unfortunately the middle class don't have the resources to migrate to another country, and they will be forced to put up with heavy taxes.

Thanks for posting this. Since around 80% of the hashing power comes from China, this simply means that most of the mining farms there are up and operating without any issue. The Chinese whales have a habit of crashing the prices every now and then, so that they can accumulate cheap coins. This has happened so many times, and similar to the previous such occasions, I expect the exchange rate to be back to $50K levels by the first week of June. Don't know why a section of the crypto users react so negatively to all this FUD.

It was more or less expected. China is aggressively attempting to put Hong Kong under its complete control. The days of "one nation, two systems" are over. Whatever laws that are applicable in mainland China will be slowly implemented in Hong Kong as well. Since cryptocurrency exchanges are not allowed in China, I don't expect any exceptions in Hong Kong as well. The best option for Chinese users is to set up accounts in exchanges that are based in South Korea and Japan.

Unless he can prove that the casino employees forced him to gamble, it is not going to benefit him. He was of the legal age, and in sound mental health. He spent all that money on his own, and now there is no point in badmouthing the casino. And since casinos are visited by thousands of people every day, it is not practical for the employees to know whether the gambler is blowing up all his savings in one day or not. After all, casinos are also businesses and they have expenses to take care of. Usually the house edge is in the range of 1%-2%, and from this amount they need to cover the taxes and employee salaries.

Yeah.. so far 39% of the population in Ohio have received two doses of the vaccine, while another 5.6% is waiting for their second dose. However, compared to the national average, these numbers are very low. Across the United States, 49.2% of the population has received at least one dose of the vaccine. In the neighboring states, the rate is higher. For example, Pennsylvania has given at least one dose of the vaccine to 56.7% of the population.

How much time they need to get adjusted? Here in India, the first time lockdown was imposed was more than 14 months ago. I believe in most of the other countries the restrictions were imposed around at that time. So there is no justification to the argument that people are not getting used to it. If they can't wear a mask and follow proper security protocol even after so many months, then they deserve a heavy financial penalty, or even a prison term.