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Messages - twinkle

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1
A very important quiz that should be known by new and all bitcoin traders
#cryptoquiz #quiztime


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Crypto Discussion / Re: What's wrong with crypto market?
« on: April 25, 2020, 05:19:42 PM »
will halving increase or decrease the price of bitcoin

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How Popular Is the Dark Web in India? A Look at Increasing Tech Use and Free Market Potential

Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation. Exchanges can reconnect to banking institutions and offer the support they formerly did to their customers. But what about those who prefer to continue doing business their own way, and privately? This post takes a look at the state of the dark web in the world’s second most populous country, and where it may be heading.

India Ripe for Crypto Proliferation
With a population approaching 1.4 billion, second only to China, the world’s most populous democracy is also becoming a hotbed of tech and startup development. Research and consulting group McKinsey Digital notes that “India had 560 million internet subscribers in September 2018, second only to China … Indians download more apps—12.3 billion in 2018—than any country except China and spend more time on social media—an average of 17 hours a week—than social media users in China and the United States.” The report goes on:

The share of Indian adults with at least one digital financial account has more than doubled since 2011, to 80 percent, thanks in large part to the government’s mass financial-inclusion program, Jan-Dhan Yojana.

Interestingly, the nation appears to be leaping into the future of finance almost in lockstep with crypto’s timeline itself, but there’s been one big roadblock: the Indian government.

A 2018 Reserve Bank of India (RBI) ban on regulated financial services supporting businesses dealing in crypto stymied growth and frustrated many. Though crypto was never illegal in the nation, doing business above board and efficiently became extremely challenging for some of those leveraging digital assets to build the economy. With the ban now overturned — at least for the time being — reenergized focus has returned to the sector. But what about that region of the internet that doesn’t pay mind to the dictates of the state?

read more on : https://news.bitcoin.com/dark-web-in-india/

4
Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted

A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional.

Supreme Court Rules: Big Win for Indian Crypto Community
On Tuesday, the Supreme Court of India finally ruled on the case against the banking ban by the Reserve Bank of India. Indian news platform Crypto Kanoon reported from the courtroom. “The Judgment Day has finally arrived,” the team said. At 10:45 a.m. in India, Crypto Kanoon tweeted:

Breaking: Supreme Court of India has struck off Reserve Bank of India’s (RBI) banking ban against crypto. The court held that RBI circular dated 6th April 2018 is unconstitutional.

The supreme court concluded hearing the arguments against the RBI ban on Jan. 28, after almost two years since it first decided to hear the case. The court heard extensive arguments from the counsel for the Internet and Mobile Association of India (IAMAI), Ashim Sood, followed by the counsel representing several crypto exchanges, Nakul Dewan. It also heard the arguments in favor of the ban by the central bank’s counsel, Shyam Divan.

The RBI issued a circular in April 2018 banning regulated financial institutions from providing services to crypto businesses. The ban went into effect three months later and banks subsequently closed the accounts of crypto exchanges, forcing some of them to shut down, including Zebpay, Coindelta, and Koinex.

India’s Crypto Regulatory Framework
The cryptocurrency community all over the world has been eagerly waiting to see what India will do about its cryptocurrency policy. The Indian government has been sitting on a draft bill that seeks to categorically ban cryptocurrencies, except state-issued ones, since February last year. The “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019” was drafted by an interministerial committee (IMC) tasked with studying all aspects of cryptocurrency and providing recommendations for India’s crypto policy. The IMC was headed by former Finance Secretary Subhash Chandra Garg who has since resigned from his position in government. Nonetheless, he still holds the view that cryptocurrencies have “a very short future,” believing that they are “essentially worthless codes.”

The bill also provides for the RBI to issue a central bank digital currency. The RBI has already been looking into this area, Governor Shaktikanta Das revealed in December last year. “As and when the technology evolves with adequate safeguards, I think it is an area where the Reserve Bank will certainly look at seriously at an appropriate time,” he said.

read more on https://news.bitcoin.com/indian-supreme-court-cryptocurrency-rbi-ban-lifted/

5
Crypto Discussion / Crypto Quiz
« on: February 29, 2020, 03:07:40 PM »
Lets brush up our Crypto knowledge through the quiz sessions
Reply with the correct answer below.

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Trading / Re: Do think Eth will reach $200?
« on: February 08, 2020, 10:51:19 AM »
Its on $224.05   
and doing great yeah !!

7
Crypto Discussion / Re: Crypto Glossary
« on: February 08, 2020, 10:50:01 AM »
some  frequently used terms
Altcoin:
As Bitcoin is the first cryptocurrency that captured the world’s imagination, all other coins were subsequently termed “altcoins”, as in “alternative coins”.

Blockchain:
A blockchain is a continuously growing, append-only, list of records called blocks, which are linked and secured using cryptography.

Depth Chart:
A graph that plots the requests to buy (bids) and the requests to sell (asks) on a chart, based on limit orders. The chart shows the point at which the market is most likely to accept a transaction.

FOMO:
An acronym that stands for 'fear of missing out' and in the context of investing, refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later




8
Buying Cryptos With Paypal
The cryptocurrency ecosystem is 11 years old and there are more ways than ever to purchase and obtain cryptocurrencies in 2020. Some trading platforms allow users to pay with debit and credit cards and with bank transfers as well. But there’s also a slew of businesses that allow people to purchase bitcoin and other cryptos with the Paypal payment processor.

In order to make your first cryptocurrency purchase by leveraging Paypal, you obviously need a Paypal account. You also need to register with a trading platform or brokerage service that sells digital currencies like BTC, BCH, and ETH with Paypal. There’s a good number of services that allow users to pay for their cryptos with the payment provider. Lastly, you will also need a cryptocurrency wallet that supports the digital asset you want to purchase. Bitcoin.com’s wallet is an excellent noncustodial wallet solution that allows you to store, send, and receive both BTC and BCH.

How To Buy Bitcoin and Other Cryptocurrencies Using Paypal
There are various ways to purchase cryptocurrencies and one method is by using Paypal.
Using an Exchange
A lot of individuals use the exchange Coinbase ever since they added the ability for customers to link their Paypal and Coinbase accounts. Depending on where you live you can purchase or sell Coinbase listed digital assets using the Paypal system. If you want to use Coinbase in order to utilize Paypal, then you must complete all of the identity verification procedures issued by the San Francisco firm. After your identity is confirmed with Coinbase, go to the “settings” section and then “linked accounts.”

Simply click the “new account” tab and choose Paypal and the Coinbase dashboard will prompt you to log in to Paypal. After all these steps are complete, you can then purchase and sell digital assets with Paypal using the exchange. However, you can only link your Paypal account to one Coinbase account, the company’s guidelines note.


The Coinbase FAQ on how to leverage Paypal with a Coinbase account.
Using a Peer-to-Peer Marketplace
Another way to use Paypal in order to obtain cryptocurrencies is by using the peer-to-peer marketplace Local.Bitcoin.com. If you want to buy bitcoin cash (BCH) with Paypal you can register and log into your Local.Bitcoin.com account and press the “trades” tab. This will give you access to the “find an offer” and “create an offer” tabs.

In the find an offer section, you can simply search for people selling BCH that accept Paypal for payments. Or, if you are planning to sell BCH, you can head over to the create an offer section and create one that accepts Paypal for payments. Looking at the worldwide listings on the BCH marketplace shows that there’s a great number of buyers and sellers who use Paypal. Other localized exchanges like Paxful, Localbitcoins, and Localcryptos (formally Localethereum) also let traders use Paypal.


The private, noncustodial BCH marketplace Local.Bitcoin.com allows people to purchase and sell cryptos with the Paypal service.
Weighing the Pros and Cons
Other trading services that allow you to purchase digital currencies via Paypal include Etoro, Xcoins, Cancoin, Cryptonit, and Wirex. Every platform and exchange has pros and cons when it comes to buying cryptocurrencies with Paypal. For instance some services, like certain peer-to-peer marketplaces, offer better privacy and you don’t need identity verification to trade with Paypal.



However, a bunch of the aforementioned companies do require account verification and KYC procedures like submitting a photo ID or proof-of-residence. Similar to Coinbase, in order to leverage Paypal with Wirex, you need to submit identification documents to deposit USD and be able to select the Paypal option. Most of the platforms that require identification will simply let you tether a Paypal account to the exchange as soon as you pass the verification services process.

It’s likely that anonymity won’t be a big deal to people who want to use Paypal to purchase cryptos because the Paypal system itself is not really anonymous or private. If ID verification is an issue, people can always utilize trading platforms like Local.Bitcoin.com for more privacy. With more than 260 million active Paypal users today, there’s definitely a number of individuals who want to purchase or sell digital currencies like ethereum or bitcoin cash with the payment service.


source
https://news.bitcoin.com/how-to-buy-bitcoin-paypal/

9
Crypto Discussion / Re: Crypto Glossary
« on: January 18, 2020, 11:16:19 AM »
A cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.

10
Crypto Discussion / Re: 5 Bullish Bitcoin Facts
« on: January 09, 2020, 01:54:46 PM »
btc price came with the rise at the start of 2020 probably cause
The world's largest cryptocurrency by market capitalization climbed after data provider CoinMarketCap showed a sudden jump in the supply of stablecoin tether (USDT).

The 5 percent rise in bitcoin's (BTC) price initially appeared to be preceded by a $500 million increase in USDT's market capitalization,
from around $4.14 billion at 20:49 UTC to $4.65 billion at 20:54 UTC.

It remains unclear, then, exactly why bitcoin jumped late Monday. Talks surrounding BTC’s use case as a safe haven asset are dominating investor channels amid the backdrop of the Iran/US tensions that have been ongoing since Jan. 3.


11
Crypto Discussion / Re: Crypto Glossary
« on: January 09, 2020, 01:53:36 PM »
What is Technical Analysis ?
https://www.instagram.com/p/B6af_11jDcG/

12
Crypto Discussion / Crypto Glossary
« on: January 09, 2020, 01:50:00 PM »


Wana check out some frequent crypto terms ??
click on the image below

To view more check visit  https://www.facebook.com/DigitalTicksExchange/

13
Trading / 7 Things to Know to Become a Successful Crypto Trader
« on: December 27, 2019, 11:11:30 AM »

7 Things to Know to Become a Successful Crypto Trader


The growth in the Blockchain and cryptocurrency space shows their future potentiality to rise over the other payment technologies. Investing in crypto isn’t that difficult, but then it isn’t that easy either. In order to be a successful trader it is important to have a strategy and follow it till you see the results and repeat if required. After conducting a thorough research we have compiled the top 7 facts to know to succeed in crypto trading.

1) Build a diversified portfolio
Beginners put all their eggs in one basket while a professional would know what to do exactly. The smarter approach is to build a diversified portfolio based on market cap, tech and team behind the project. This decreases the risk of incurring losses.

2) Review your portfolio and trading strategy every 60 days
It is easy to chart your progress and see which way your portfolio is moving. As traders follow their strategy, it is advisable to keep an eye on Bitcoin price and its market capitalization. As Bitcoin’s price increases, its market capitalization increases and this leads to a fall in altcoin prices. This means it's time to hold or exchange for Bitcoin.

3) Don’t participate in lending programs with inadequate information
While there are lucrative lending programs in the market offering as much as 8% interest pa on lending your cryptocurrencies, it is recommended that you conduct a thorough research and then invest in such projects.

4) Continue reading on : https://www.digitalticks.com/blogs/7-Things-to-Know-to-Become-a-Successful-Crypto-Trader.html

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Crypto Discussion / Re: Why are Cryptocurrencies the Future of Money?
« on: December 19, 2019, 12:07:01 PM »
Central banks are mandated to ensure financial stability by the efficient use of their monetary policy. National cryptocurrencies only make it easier for central banks to achieve this because monetary policy will directly be transmitted to firms and households.

As the blockchain technology continues to improve, it only means that national cryptocurrencies will continue to solve the current constraints of the conventional monetary system.

15
Thanks guys
i hope you read the entire article and it was insightful

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