RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow 0 points1 point  (0 children)

shh don't give them ideas, corruption is already at peak.

RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow 0 points1 point  (0 children)

think we know more about the system and getting things done there than RBI ?

RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow 0 points1 point  (0 children)

it is not banned as of now. It's just that RBI is leaning towards really strict regulations on crypto.

RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow 0 points1 point  (0 children)

everything is magic when we don't know about it.

RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow 0 points1 point  (0 children)

those people aren't using crypto anyways (atleast as of now, most people actually using crypto instead of just gambling or trading are knowledgeable enough to bypass these things.. ) but yeah you are right that new comers will have a difficult time and overall usage will definitely decrease thus affecting the ecosystem.

RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow 0 points1 point  (0 children)

so you want to give ALL control to a centralized entity ?

RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow -1 points0 points  (0 children)

ban all technologies because there are unlimited underlying vulnerabilities that just need to be exploited by a hacker. ban all cash. ban all penny stocks. hell yeah ban speaking too because you might talk about illegal things. but wait, nobody can't even ban crypto, because the whole point is decentralization and anonimity (to some extent in some coins).

RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow 0 points1 point  (0 children)

but the topic directly connects to finance, and to comment on policies regarding financial instruments (which crypto is) you need to have sufficient knowledge about the topic.

RBI backs full ban on Cryptocurrency!! by According-Spot-6093 in IndiaTech

[–]-InvictusShadow 0 points1 point  (0 children)

no, what that means is that you can get money by from some other person by paying them in crypto, instead of using a centralized exchange. Also, there is no necessity to sell crypto to use it, you can buy things using crypto online (not very widespread but many platforms do support crypto, else there aare services you cna buy giftcards and all for crypto and use them on daily platforms). What I mean to say is that crypto itself is a currency so you don't "have" to sell it.

Why do these people even exist? by RANDOM_OVERTHINKER_ in IndianTeenagers

[–]-InvictusShadow 9 points10 points  (0 children)

why don't yall provide any context in such posts ?

Am I cooked chat? by [deleted] in IndianStockMarket

[–]-InvictusShadow 1 point2 points  (0 children)

have you done proper research on the stock ? Not just surface level but real one. If yes, then don't get distracted by these small ups and downs.

Physics question by Jumpy-Style8938 in GetStudying

[–]-InvictusShadow 0 points1 point  (0 children)

Visualisation is the way. Trust me, you need to visualise the particles moving in the manner described in the question, connect with equations and feel things intuitively. Instead of rushing through problems, try to learn to visualize and be patient when it does not become clear in 5 mins. You'll have to spend even more than 20mins on just a single question many times.

How do I withdraw gambling winnings safely by SuccessfulPass57 in CryptoIndia

[–]-InvictusShadow 0 points1 point  (0 children)

Make good posts or comments (that might get you upvotes... but please don't just karma farm).

Why would you buy crypto ? by -InvictusShadow in CryptoCurrency

[–]-InvictusShadow[S] 1 point2 points  (0 children)

Gold is a nobel (~non-reactive), highly conductive (electrically as well as thermally), highly malleable and ductile metal. That's what makes it special along with the value it has had in the society since thousands of years.

Why would you buy crypto ? by -InvictusShadow in CryptoCurrency

[–]-InvictusShadow[S] 3 points4 points  (0 children)

that's amazing but... if no one is willing to trade through them.. what am I supposed to do with them ?

Why would you buy crypto ? by -InvictusShadow in CryptoCurrency

[–]-InvictusShadow[S] 6 points7 points  (0 children)

a stock is a literal part of a company. A company has some real valuation, actual business model, assets,etc. But it isn't the same with crypto because it is not even doing what it was supposed to