rushab oswal Posted February 11, 2021 Report Share Posted February 11, 2021 9 hours ago, kunjanp said: I don't hold any but I curse myself for not buying BTC a few years ago. My cousin has 6 of them which he has been holding (forgot about) for 5yrs now. Jackpot for him. I had 8 Quote Link to comment Share on other sites More sharing options...
eddy4823 Posted February 11, 2021 Author Report Share Posted February 11, 2021 So, anyone planning to invest in Bitcoin right now?.....news is that it will soon breach the 50k USD mark. Any suggestions other than Bitcoin....how's TRON?I believe (and invested) in Nano. It's fastest out there. As fast as UPI. and zero fees. and can't be mined. I invested when it was 0.5USD, 3USD, 9USD and 30USD. It's sitting at 4USD right now but I'm hopeful. Sent from my Pixel 4a using Tapatalk 1 Quote Link to comment Share on other sites More sharing options...
rushab oswal Posted February 11, 2021 Report Share Posted February 11, 2021 5 minutes ago, playstationdude said: Out of curiosity, what are the assets backing crypto currency? Zero. None. Nada Quote Link to comment Share on other sites More sharing options...
playstationdude Posted February 11, 2021 Report Share Posted February 11, 2021 (edited) 2 minutes ago, rushaboswal said: Zero. None. Nada So basically this is an I owe you note being passed from one person to another, and no one knows how it will actually be honoured by the original person circulating it Power of trust, I guess Also, how is this any different from a pyramid scheme? Edited February 11, 2021 by playstationdude Quote Link to comment Share on other sites More sharing options...
rushab oswal Posted February 11, 2021 Report Share Posted February 11, 2021 4 minutes ago, playstationdude said: So basically this is an I owe you note being passed from one person to another, and no one knows how it will actually be honoured by the original person circulating it Power of trust, I guess Also, how is this any different from a pyramid scheme? Im a noob in crypto matters so i cant answer this, but yes its backed by nothing, just like fiat money. Now its valued so much only people who understand it can know Quote Link to comment Share on other sites More sharing options...
KunjanPSD Posted February 11, 2021 Report Share Posted February 11, 2021 50 minutes ago, eddy4823 said: Used Zebpay recently. No issues at all. Sent from my Pixel 4a using Tapatalk I added a request to close my account and they started sending me even more mails. Anyway, with the strict regulations in place for India, I wouldn't recommend any of these Indian firms. Quote Link to comment Share on other sites More sharing options...
Shantz Posted February 11, 2021 Report Share Posted February 11, 2021 crypto currency hodler be like: I believe in cyrpto currency because govt cannot stop me like they can with FIAT govt: is bhai ka internet access hi ban kar do On a serious note, crypto currency is idiotic in its current form. It needs regulatory oversight and backing for it to be meaningful. Currently it's just a ponzi scheme, with a huge resource burn to add, as someone mentioned earlier in this thread. 3 1 Quote Link to comment Share on other sites More sharing options...
eddy4823 Posted February 11, 2021 Author Report Share Posted February 11, 2021 crypto currency hodler be like: I believe in cyrpto currency because govt cannot stop me like they can with FIAT govt: is bhai ka internet access hi ban kar do On a serious note, crypto currency is idiotic in its current form. It needs regulatory oversight and backing for it to be meaningful. Currently it's just a ponzi scheme, with a huge resource burn to add, as someone mentioned earlier in this thread.True that. It's been driven by market sentiments. Bitcoin has the advantage because of early arrival. Otherwise there are far better currencies which does the same job much more efficiently. Regardless of all those things, I don't see them replacing Banks in any universe. Sent from my Pixel 4a using Tapatalk Quote Link to comment Share on other sites More sharing options...
Animus Posted February 11, 2021 Report Share Posted February 11, 2021 So, anyone....any idea about TRON? Looks interesting to me. Quote Link to comment Share on other sites More sharing options...
Animus Posted February 11, 2021 Report Share Posted February 11, 2021 2 hours ago, rushaboswal said: I had 8 How much did you sell it for? Did you mined it or bought it? Quote Link to comment Share on other sites More sharing options...
eddy4823 Posted February 11, 2021 Author Report Share Posted February 11, 2021 1 hour ago, Animus said: So, anyone....any idea about TRON? Looks interesting to me. r/cryptocurrency has always been anti TRON. So I have never invested a dime in it. https://www.reddit.com/r/CryptoCurrency/search?q=tron&restrict_sr=on&include_over_18=on&sort=relevance&t=all Quote Link to comment Share on other sites More sharing options...
eddy4823 Posted February 11, 2021 Author Report Share Posted February 11, 2021 Anyone here mining BTC or ETH ? 3060ti is said to have the best Hash Rate to Watt ratio. One can get their investment back in 3-4 months if they mine ETH. Quote Link to comment Share on other sites More sharing options...
Animus Posted February 11, 2021 Report Share Posted February 11, 2021 23 minutes ago, eddy4823 said: r/cryptocurrency has always been anti TRON. So I have never invested a dime in it. https://www.reddit.com/r/CryptoCurrency/search?q=tron&restrict_sr=on&include_over_18=on&sort=relevance&t=all thanks for sharing this. Quote Link to comment Share on other sites More sharing options...
rushab oswal Posted February 11, 2021 Report Share Posted February 11, 2021 2 hours ago, Animus said: How much did you sell it for? Did you mined it or bought it? Mined. Never sold because did not knew how to do that. Ab pata nae Kaha he wo bitcoin.? Quote Link to comment Share on other sites More sharing options...
Animus Posted February 11, 2021 Report Share Posted February 11, 2021 4 minutes ago, rushaboswal said: Mined. Never sold because did not knew how to do that. Ab pata nae Kaha he wo bitcoin.? wow!......bhai....jaha kahi bhi ho BTC....dhund lo Quote Link to comment Share on other sites More sharing options...
rushab oswal Posted February 11, 2021 Report Share Posted February 11, 2021 (edited) 13 minutes ago, Animus said: wow!......bhai....jaha kahi bhi ho BTC....dhund lo I don't know where to search lol? My friend says they should be on the harddrive, but now everyone has them in some wallets. I don't get whats what? Edited February 11, 2021 by rushaboswal 1 Quote Link to comment Share on other sites More sharing options...
Animus Posted February 11, 2021 Report Share Posted February 11, 2021 Mastercard to support cryptocurrency on its network https://www.livemint.com/money/personal-finance/mastercard-to-support-cryptocurrency-on-its-network-11613017594456.html https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/ Quote Link to comment Share on other sites More sharing options...
eddy4823 Posted February 11, 2021 Author Report Share Posted February 11, 2021 You can use Nano Faucet to see how good Nano is. https://nano-faucet.org/ 1 Quote Link to comment Share on other sites More sharing options...
Animus Posted February 11, 2021 Report Share Posted February 11, 2021 Any idea...how is Pi? hearing too much about it, in my circle. Quote Link to comment Share on other sites More sharing options...
Bhpian Bali Posted February 12, 2021 Report Share Posted February 12, 2021 I am bullish only for physical Gold and Silver and nothing else in this world. The impending corrections in the world markets will destroy everything. I hope I am wrong. In less than a year. World markets crashed, gold jumped, oil crashed, stock markets regained their levels and in some cases posted new highs, oil regained its levels, gold stabilised what does this point to? Excess and excess liquidity. Too much money and everything is already too expensive to invest in. so what do the speculators do? Get after cryptos. All the above events used to gradually happen over a 10 year period otherwise happened in 10 months. This liquidity is not going anywhere in the short term so enjoy the ride. Buy hodl and keep liquidating your position from time to time and reinvest the earnings in digital gold for the short term or physical gold for the long term. Do read this article on Bitcoin Speculation. https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3 Quote Link to comment Share on other sites More sharing options...
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