IT Professional.
India
Joined January 2013
- Tweets4.3K
- Following214
- Followers232
- Likes6.4K
Ajay Sharma🐦 retweeted
Dear @raghav_chadha,
We kindly request you to raise your voice against the high taxation on cryptocurrencies. As a CA, you have a deep understanding of the impact of such taxation on the crypto community and economy.
We also urge you to address the ongoing issues with WazirX.
Previously, when you highlighted the high food prices at airports, the government took prompt action. We hope you can bring similar attention to these pressing matters.
#repost and hit 💚
Ajay Sharma🐦 retweeted
SCOOP: The Indian government's decision to initiate the blocking of URLs of 9 offshore exchanges and issue them "show cause" notices came after an official request from the local crypto and Web3 association's advocacy body @BWA_Ind. By @amitoj
trib.al/kmnj7JC
Ajay Sharma🐦 retweeted
Huge update!!
Show-cause Notice served!
Either comply with PMLA act or access to the URL will be blocked.
-> Binance
-> Kucoin
-> Huobi
-> Kraken
-> Gate (dot) io
-> Bittrex
-> Bitstamp
-> Mexc Global
-> Bitfinex
My 5 #memecoin portfolio pick for the upcoming #Crypto #bullrun are below.
@babydoge @bonk_inu @pepecoineth @RealFlokiInu @milady
Let's comment your top five #memecoin to pick.
Ajay Sharma🐦 retweeted
In the 21st century there have been 6 ODI world cups.
In 6 attempts, only once in 2007 did we not qualify for the semi-finals and have qualified in 5 of the last 6 World cups. On the other hand only once have Pakistan qualified for the semis in 6 attempts in 2011.
And they come up with ridiculous allegations blaming ICC and BCCI of changing balls and pitch .
Their Prime Minister mocks us when we lose to another team despite having beaten them.
Upon reaching here , their player posts pictures of enjoying tea in Hyderabad with sarcasm to mock our soldier.
The PCB chief on camera refers to our country as Dushman Mulk. And they expect love for their hate. And those preaching class, that is a two way street. Jo Achha vyavhar kare uske saath hum bahut hi achhe, aur jo aisa vyavhar kare toh sahi mauke par soot samet lautana is my way. On field bhi, off-field bhi.
Ajay Sharma🐦 retweeted
The biggest mistake that you can make right now is to be 100% dependent on crypto for living.
If you are employed then that is a different ball game but to be 100% dependent on trading, airdrop or trying to be DeFi or NFT Degen is a foolishness.
It will prove to be a waste of time, money and energy. I know people who are doing it pretty well. But these people are not even 0.5% of the total.
You will try to repeat their success but in vain. Crypto is new and it can be harsh, lot of things are evolving and crypto is highly correlated to the macro environment.
In short run crypto can behave more awkward than stocks in case of financial turmoil which is almost around the corner seeing the developments around Bond markets.
It can take time for market s to get backs to normal we saw Bitcoin is down for more than 2 years since its all time high.
This tweet is not about loosing hope in crypto it is about you continue to do what you are doing in life and keep crypto as a side gig.
Either find full time job in crypto or be an investor. Don't be in middle of the two!
If you have a job, business or a profession continue to do well in that. Earn from that business and keep crypto as an investment tool.
Do not get attracted to the lifestyle of influencers and founders in crypto.
Even if it is real you cannot copy-paste their life into your life!
Have a realistic view of things....
Keep Calm & HODL!
Ajay Sharma🐦 retweeted
THIS IS A BIGGER NEWS THAN SPOT BITCOIN ETF:
How accounts used to treat Bitcoin in 🇺🇸?
Example:
Company A bought Bitcoin for $25,000.
The market crashed and value went to $15,000.
The market recovered and current price is $30,000.
But in Books of accounts the value of Bitcoin will be shown as $15,000 and not the current fair market value of $30,000.
Basically a loss despite company being in profit.
But from 01-01-2025:
Companies will be allowed to show Bitcoin at present fair market value i.e $30,000 in the above example.
Why this is a bigger news than Spot Bitcoin ETF?
* Earlier companies were scared to Buy Bitcoin as the price correction would have hit the company earnings. This could have hit the stock price leading to negative sentiments among investors.
* Now this practice is changed by FASB that means more and more companies will Buy Bitcoin and keep it on their balance sheet as they have seen the success of Tesla and MicroStrategy.
This news will act as one of the biggest catalyst in mass adoption among financial institutions and corporates.
Please do hit like Button if you feel that this is a bigger news than BlackRock Spot Bitcoin ETF Approval.
Ajay Sharma🐦 retweeted
Chandrayaan-3 Mission:
'India🇮🇳,
I reached my destination
and you too!'
: Chandrayaan-3
Chandrayaan-3 has successfully
soft-landed on the moon 🌖!.
Congratulations, India🇮🇳!
#Chandrayaan_3
#Ch3
Happy birthday @pushpendrakum bhai . Aap bas aise hi sabko educate krte rho. Or jaldi bull run le aao😄😄.
Ajay Sharma🐦 retweeted
Do you understand that manually burning 50q on BNB chain:
1. Will not come out of the circulating supply or lower it.
2. Will not lower the circulating supply you see on CMC or coin gecko
3. Will not make it “kill a zero” or increase in value at all.
4. Circulating supply will stay the same as it is
5. We cannot take coins out of users wallets and force them to burn them.
6. Baby doge has been very successful with how it was originally developed
7. The community / market is what determines the value. Not burns, not a team. Purely do users enjoy the meme community?
8. Bitcoin & BNB is the same place it was 2 years ago
Burning out of non circulating supply will only improve security in that those burned tokens cannot be sold off.
72%Yes, I know
28%No, I didn’t know
8,567 votes • Final results Ajay Sharma🐦 retweeted
You can spend your #BabyDoge and other cryptos using the baby doge virtual crypto card 👀
Order now: babydogeswap.com/crypto-card
Ajay Sharma🐦 retweeted
Anyone unsure of the supply of #BabyDoge can check via coingecko, Coinmarketcap or BSCscan
coingecko.com/en/coins/baby-…
coinmarketcap.com/currencies…
There’s not 840q total supply as you must lock BNB baby doge to obtain an ETH baby doge.
Example:
If you wanted 10 billion baby doge on ETH chain. You would need to lock up 10billion baby doge on BNB chain in the bridge.
If you had 10 billion babydoge on ETH chain and wanted 10 billion on BNB chain. You would lock the 10b on ETH then the bridge would give you 10b on BNB chain.
ETH needed the same amount of tokens because if the entire community wanted to move all their tokens to ETH chain. There would not be enough tokens that could be bridged over.
In essence babydoge on ETH is somewhat of a wrapped version of baby doge.
It’s giving you an ETH baby doge token, that can be redeemed for BNB baby doge/ vice versa.
However after 2 years there’s been very little interest in ETH. So we have reduced the amount of tokens that could be bridge.
Example BNB chain has 150quadrillion baby doge, then say something happened to BNB chain. The users would need there to be 150 quadrillion on ETH available to bridge their tokens to ETH.
Some of the best memes are on ETH, so we thought it would be useful for users to have the option to use the ETH network.
Due to little interest on the ETH network it seems like it may make sense to just burn all the ETH side available tokens. We believe ETH is the most decentralized blockchain and some users prefer ETH over BNB chain.
However there’s now only about 90q left on ETH that could be bridged. Due to there being little interest in ETH we think it will be best to just destroy this remaining 90q and babydoge will be left to remain on BNB network. Babydoge will be primarily available on BNB. If we burn the remaining amount on ETH There will only be approx 1-2 quadrillion babydoge that can be on the ETH chain.
