I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.
What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?
All compete to provide the fastest service both conventional altcoins (non-stablecoin) or stablecoin both options and flexibility to choose how they trade where the fastest and easiest will always be used by traders for the completion of daily trading. What I view about stablecoin is that becoming more efficient in most traders who trusted the effectiveness of the system. Faster service will be more advantage ways to create more demand to grow stronger and better. That's why we need to promote crypto payments in order to help everyone learn how it works. |
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You are safe if you made a huge mistake yesterday. Buying at the lowest price even fixes a short time profits price. Yes, I'm talking about greedy people. We all need profit, traders receive profits today and holders will receive profits tomorrow. For high profits, don't become holders. Always take a decision about the market conditions, especially on your chosen coin. Here I always make the same mistakes, now I don't do it. Altcoins price is always unstable, so your profits should move to USDT.
In binance USDT trading is a strong foundation that could be considered on most top asset. Choosing the right coin, that must include less volatile crypto as well as heading towards profit. For an assurance, being a holder is rewarding but not all the time. You need to take focus on the market changes in every trend that it goes within an unpredictable scenario which we aren't in control. |
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Okay guys, hope we are all staying safe?
I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
i will for the team behind the project and the development progress from the project i mean i will look carefully if the team is active to develop their project mate The project that entails a good presentation can't be projected with good moral unless they're transparent with their ongoing progress. Just like what happened with last 2016 and 2017 historical years, most successful projects is more efficient in showing their realistic approach to every investors. |
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Hi,
I've found some really poor altcoins with an incredible market cap that I'd like to short sell on exchanges like Digifinex and Coinsbit. Is this possible?
Thanks!
We need a strong and popular trading sites to consider those potential coins to have short trading. For these days with most low volume crypto, I am not that confident enough to put my investments at risk. Just focus on growing your asset while the market wasn't able to recover an enough potential profit, because taking a rush might put your capital in danger zone. |
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Your story in the opening post is indeed one of the scammers' tricks to make money. And again starting from the telegram, it is indeed
the most important lesson that I can take from your story. Don't respond to messages from strangers on the telegram, because there is
a 99% chance of scammers. And keep in mind that our greed can lead us to become victims of fraud. Always be careful if there are attractive
offers, always use our logic for assessing the offer.
Telegram messages coming from unknown person can't be trusted, indeed this shouldn't be entertained seriously. I was once a victim of private communication coming from private messages and lost huge amount of money. That's why I learned a lesson, and promised to myself to avoid any messages from stranger. Gambling is more prone of this strategies, letting people be on their traps through false promises so let's be careful. |
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Loan Amount: . 13,000PHP
Loan Purpose: For my pag-ibig loan balance settlement
Loan Repay Amount: .13,200PHP
Loan Repay Date: Maximum 3 weeks
Type of Collateral: None
Escrow profile Link: None
Bitcoin Address: Bank Account via PM
Note: I really needed the money for me to withdraw my 15 years contribution of pag-ibig fund, because I couldn't make it if I still have an outstanding loan balance. Under 15 years contribution, it wasn't covered for an offset. I preferred PHP bank transfer since the value of BTC was volatile, so I hope someone will help me borrow this amount. I can provide KYC of myself as proof of evidence, since this is my first loan application via forum.
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Securities and Exchange Commission issued an advisory about Forsage Investment Scheme! source: SEC ADVISORYForsage ang bagong ponzi scheme investment na nagcicirculate ngayon, lalong lalo na sa Social Media platform. You can start investing on Forsage for a minimum amount of P600.00 up to P600,000.00 and ang profit mo dipende sa kung anong level ng investment mo. Maraming ganto na ang mga scam project before pero maraming pinoy paren ang nagpapaloko at for sure maraming nabiktima itong Forsage kahit na sa konting panahon nito sa market. If you're one of those who invested on nagiintroduce ng Forsage to anyone you should know this ruling issued by the SEC.  source: SEC ADVISORYMaari kang maparusahan sa pagiinvite mo kaya marapat lang na magsaliksik muna bago pumasok sa isang investment scheme. Marami pang ganito ang magsisilabasan at gagamitin ang cryptocurrency para manloko, wag na wag kang magiinvest ng hinde ito pinagaralan.
Laging magingat mga kababayan! You can always reach this forum especially dito sa local thread naten and ask if the new project is a scam or not. Malaking tulong ito sa karamihan sa atin dito sa local kabayan, dahil kasi sa paghahangad ng katiwasayan at magandang kita sa crypto ay marami ang pumapatol sa ganitong scheme. Kahit anong stilo ay hindi pinapalampas ng karamihan sa ating kababayan na kawawang nabibiktima. Mahirap talaga matukoy kung ang isang proyekto ay scam o hindi, kaya para sigurado tayo wag mag alinlangan magtanong at makibahagi sa forum dito sa local natin. |
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Maganda to and hindi na talaga dadaan sa kaartehan ni coinsph kahit milyones pa no worries na kasi direct to bank na ang pagtransfer sayo kung gusto mo magpapalit mas mabilis na ang pagtransfer ng pera natin laking tulong talaga tong binance sa mga crypto traders ngayon paalam coinsph haha sana naman online sila 24/7 para mas maganda or kahit from 8am - 12 midnight ok na yan ito na for sure ang gagamitin ko kapag may malakihang transaction.
Kakatuwa naman kung ganyan ang mangyayare kabayan, sana nga lang ma listed na yung ibang coins na hindi gaanong sikat para walang problema kapag na ibenta na ito. Di naman siguro mawawalan ng users ang coinsph, pero sigurado yan bababa ang bilang nila. Masyado na rin silang mahigpit sa transactions, sa katunayan ng yung kaibigan ko tumigil na makipag transaction sa kanila kasi masyadong maraming hinihingi gaya ng videocall interview na masyadong hassle para sa kanya. |
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From what I have observed most coins that are having mainnet update are pumping with a legitimate announcement from a reputable source, you can consider announcements from top exchanges or coinmarketcal. Coins from binance launchpad like harmony are like that, when they announce to launch mainnet they are starting to pump. Also, I agree with the guy on top binance IEO is a guaranteed pump like x3 or more on listing day.
This news ciculating all over the internet can bring a huge impact to several traders who've been waiting for those pumps to accumulate. Those announcement is somehow very important, since we're all after on every good sides that comes out. The results is either good or bad, because there's no assurance in every situations; market was still unpredictable. |
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Then I will be a very happy man indeed if 1 LTC = 3000$!
I have dreamt of this scenario a lot but actually to a much lower scale of 1000. Which is why I always aimed to have at least 10 LTC (not yet achieved) and 5 ETH (even less achieved) right after I get my 1 BTC (almost half achieved).
That's pretty much awesome mate, possibly if bullrun comes we might see $3k per LTC. For now it remains a big dreams for all of us, and waiting is really a biggest challenge that we'll going to face meanwhile. Always keep your coins at safe storage and avoid any sort of panic decisions, because you might regret in the end if you lost it all for nothing; choose to hold rather than being an early seller. |
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If you're a risk taker you can try this and don't care about what's going to happen. That's good if it doesn't involve huge amount of money, or somehow can be similar to a contest like prediction game and not as worst as gambling itself. Traders cannot be associated with gamblers, because we're talking here decision making as you do trading. We can be potential winners in trading, but not in a faster ways as you expected from betting your money towards gambling games. |
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I don't think so, especially when you try to compete with football. I feel like sports have fans in every social group, age and sex. Esports are mainly watched by young males.
Like what is the average CS player? A boy age 19?
There are surveys comparing players in sports and esports and the results show that pro players are also much younger with footballers at 26 and LoL players at 21.
I think that this simple thing that sports are watched by both young and old people and esports mostly by people around 20 and younger will make normal sports perform better.
The demand between young and old groups of people will only be appreciated when it comes to actual surveys. I guess both eSports and normal Sports betting will be popular on same scenario, because every person has their own preference when it comes to gambling. But for this time that there's a physical distancing to avoid transmission of disease mainly covid-19, I believed eSports gambling is having the advantage as to compare with the normal one. |
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Don't blame BSV though it's partly to blame since shitcoins are one of the reasons why people are not as aggressive in investing like before.
IMO, the main reason is that crypto market is not matured yet, manipulators or the whales are good at their game, they create some hype and then the FOMO happened, back in 2017 of the last bull run, everything was just overvalued due to the FOMO, and some people are not seeing a possible dump effect because we are blinded with our greed.
When a person is having such difficulties in facing their battle against the current FOMO, that's the reason of wrong decisions. We're really dependent with the game of those whales in which small traders fall upon their strategic plans. If we're looking back at 2017, I felt it was very surprising year for everyone of us and yet many people still hoping to see when it would start to commence again. |
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Natoto na ang karamihan ng kanilang mga biktima, kaya kahit anong maskara ang isuot nila makikita parin ang totoong balat ng mga scammers na ito. Ang pagbaba ng bitcoin ay talagang may rason lalo na sa panahon ng pandemya. Di lahat ng trader mamumuhunan para sa bitcoin sa ngayun, mas nanaisin nalang muna ang basic needs bago ang ibang bagay lalo na risky para sa atin ang cryptocurrency habang patuloy pa ang world crisis. |
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Also, anybody here actually tried using UnionBank?
Wala akong unionbank account pero mayroon akong kakilalang mayroong account. Nakakonekta nga ito sa coins.ph niya. Kapag gusto niyang magload, nagtatransfer lamang siya sa coins.ph from unionbank at napakabilis lamang ng transaction. Oo nakapagpadala na din siya ng pera sa probinsya gamit ang unionbank to coins.ph to Palawan and satisfied naman sa service. May adds ako na nakita sa isang lugar sa amin na may nakalagay na the only digital bank at may may branding ng unionbank. Tinataas na talaga nila ang cryptocurrency sa ating bansa, at talagang magandang senyales ito na may partnership na nagaganap sa dalawang panig. Kung mabilis at compatible ang mga transaction galing coins.ph patungo sa bangko, ay maliit ang tsansa na magkakaproblema tayo sa kanilang serbisyo. |
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The developers left and the project was runnning for over an year after the ICO if i remember correctly and when the developers left and the market went down they tried to restart the project like the case with many projects as they dried out with the funds but it looks like it never went ahead after that, in the initial years i remember staking the coins in MNX bank and they gave a percentage on a daily weekly and monthly basis and they had some legal issues in getting some license and with these road blocks i wont be surprised the project died.
thats really bad story, and i hope the OP will accepting the fact about minexcoin if thus project already dead and a lot of better project born now so i hope the OP will choose the right one to invest rather than choosing a dead project like MNX It looks like there must be someone who can create a report for the refund to the MNX team. Legal action will actually help the investors to get back their money. MNX coin is a scam coin since it was started. we can't leave this without any action consider the scam team who has been running MNX will create another project too. It's a sad news to hear from you mates😭, my best friend had invested a lot of his money during those times that this coins had soar. Unknowingly, he never decided to dump due to false promises that's why he option to hold until such time this coins never recover and be gone of its limelight. If ever they'll create another project, I don't think it's worth to trust with. |
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It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
Those projects who have traded below the initial price are the failed icons. That means if they have no product and they have no competence to compete with the project that can create a good product, Even a new project is much better. gathering or offering a project that uses the ICO method is no longer profitable and no one is interested in ICO because at this time everyone prefers to use the IEO method which is still a bit safe but IEO can be said to be a safe place when in a trusted exchange place such as a Binance or KuCoin exchange place. I still can't see the positiveness of an IEO until such time bitcoin market will subside. Though there's a huge factor that will help it become successful like taking support from biggest exchanges, it doesn't guarantee 100% as long as people's demand will take over. We should monitor realtime in order to be updated constantly. |
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Mukhang dumadami na yung butas na nakikita sa Wirecard and it looks like it goes way back sa nangayaring anomalya involving two of our biggest banks. EY failed to ask for Wirecard bank statements for 3 years
EY failed for more than three years to request crucial account information from a Singapore bank where Wirecard claimed it had up to €1bn in cash — a routine audit procedure that could have uncovered the vast fraud at the German payments group.
Sa punto na ito na until now under investigation pa din yung kumpanya madami tayong makikita na baho or mga fraudulent activities nila involving big amounts of cash. Like what others have pointed earlier mukhang mabilis naman malilinis yung pangalan ng BDO at ng BPI dahil na din lahat ng kamay ay tumuturo sa Wirecard. Yung mga ganito kasing white collar crime involving big amounts of cash ay mahirap ng maitago lalong lalo na kapag ang lahat ng bagay ay dumadaan sa audit, they named BDO and BPI as clients of the company pero yung mga ganitong klaseng activity ng isang publicly listed company ay palaging dumadaan sa required disclosures ng Philippine Stock Exchange at wala kang makikitang mention ng Wirecard sa BDO at BPI. Palagay ko mate, may malaking pangalan ang nasa likod ng ganitong panloloko kasi masyadong mahirap matukoy kung sino ang may pasimuno dito. Maraming involved sa kalakaran na ito, at hindi lang isa ang pwedeng managot kung sakali kaya kakailanganin ng mahabang imbestigasyon, upang ma determine kung saan napunta ang $2.1 billion fraud money. Hindi biro yan, maraming Pilipinong nabibiktima sa atin at kawawa ang ating ekonomiya sa ganyang pandarambong. |
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I don't think it will work even on the first try. the crowd noise itself is not the one that boosts the player's morale it is the presence of the crowd that supports them through the game.
I know right! It's like the official tournament games are just practice games, hell, even practice games are a lot better since players could play around so that they can enjoy playing. Here, the competition could be said to be intense and serious, and really, this drains the concentration of the players more than we could ever understand. The cheers of the crowds is one of the boost factors and really, it isn't easy for a player to adjust their mindset with the current disappearance of the cheering of the viewers. Sure, Virtual Noise may add immersion to the experience of other people watching the scene, but what about the players? It's like they're turning this into a commercial aspect to sell, and not to showcase the game. This is now the age of a new normal for every player, and this needs adjustments at first. If we hear it virtual crowd, that's not for physical but works through technology. For those players who played the sports game, they should maintain a good focus in order to create sustainable mindset to do their task successfully for the game. |
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Lalo na siguro ngayon panahon ng pandemic ay pati yong mga tumatanggap ng Bitcoin as a payment ay hindi muna din tatanggap sa ngayon dahil na rin risky ito sa ngayon dahil sa hirap ng buhay. Tingin ko bihira na talaga ang mga tumatanggap ng bitcoin dito sa Pilipinas dati pa kumpara sa ibang bansa but good thing dahil kahit papano ay lumalaganap na din ang bitcoin ay nakikilala na rin dito sa ating bansa. Mahirap na rin mascam online lalo na kung bitcoin dahil online ang transaction dito siguro kung magkakaroon man ng transaction ay magiging meetup o siguro sa store mismo mangyayare ang mga transactions.
Talagang mahirap kung Bitcoin and iyong gawing pangunahing bayad, kasi kung iyong gagamitin ay pipiliin mo nalang mag impok kaysa sayanging gastusin. Hindi biro ang pera sa panahon ng pandemic, lahat ng tao nanaisin ang pagkain para mabuhay kasi mas priority ang basic needs sa lahat. Sa ganyang estado ng crypto talagang ang mga mayayaman lang na may hawak ng bitcoins ang makakabayad ng ibat ibang nais nila. |
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