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11241  Economy / Exchanges / Re: Coins.ph Customer Service on: September 09, 2017, 05:55:53 AM
I have noticed that my expirience is in coins.ph verification i.d they just deny my i.d until now they did not  accept my NBI clearance and the phil.health i.d it is valid i.d isn't it? and sometimes it's vary late to received my money and bitcoin I do not know why someone can answer me?

You need to have a clear ID, most preferably scanned so that it can be verified easily. NBI and Police clearance are good as long as it is not expired. Just follow the steps in ID verification and provide clear IDs and you should be fine.

As for receiving your money, may I know what method of cash out are you using? If it is cardless ATM, max should be 10 minutes before having the code. If it's cash pick-up (like Palawan, Cebuana, LBC or whatnot), usually they process it at 4pm same day.

Lastly, Philhealth isn't a valid ID anywhere.
11242  Bitcoin / Bitcoin Discussion / Re: The Chinese government has banned some exchange on: September 09, 2017, 05:38:02 AM
PBoC have supposedly banned bitcoin in 2015 and for a few days, bitcoin's price took it's turn for the worst. PBoC then reconsidered and lifted the ban, and the trading prices went to nornal again. If there's something that China can do, it's their trading volume which could affect Western exchanges on a negative side. One false rumor in their country could bring a devastating effect in terms of bitcoin price.
11243  Bitcoin / Bitcoin Discussion / Re: How many bitcoin are on chinese exchanges? on: September 09, 2017, 05:35:18 AM
3 major exchanges from China: Huobi, OKCoin and BTCChina held 1,581,789 btc in trading volume for the last 30 days, but that doesn't mean that it's all they got. Unfortunately, we don't have a clear estimate on how much do they really have in their safe. 10-15% could be a nice guess.
11244  Economy / Speculation / Re: Flash Crash: Bitcoin Price Plummets $400 in Minutes as China Rumors Swirl on: September 09, 2017, 05:20:02 AM
That's a nice opportunity to buy and possibly arbitrage before it climbs back again. The Chinese are notoriously good in creating fud without us noticing, and in turn we also buy into the drama ending losing our coins in their desired price. Currently buying some small amounts rn. It seems that it wouldn't stop bleeding in the coming days.
11245  Economy / Trading Discussion / Re: Profiting With Bitcoin on: September 09, 2017, 04:56:23 AM
Hi everyone, hope you're enjoying earning bitcoins. I have a question for folks trading bitcoin and making profit. How do you do it?

I mean:

1) What are the processes involved in growing your bitcoin by knowing when the price will rise or fall?

2) Are there software or value graphs that can aid a trader?

3) What indicators do you use to know what altcoin to buy, which is likely to rise or diminish in value?

4) Do you make profit by trading your bitcoin with your national currencies?

Thank you for your input.

This topic should be in Trading Discussion as it asks for general things about trading.



1. Not really overcomplicating things. I buy when it's dark red and sell when it's green. Not a greedy person too, any gains I may have, as long as it's more than 10%, I take it.

2. bitcoinwisdom.com is good for currency pairs to BTC. It lists some exchanges available on their site for users to have an insight on the trading action within those exchanges.

3. Currently not into alts, but generally if there's too much hype about a coin, I try to take a look at it first.

4. Nope. Never tried that and wouldn't even bother.
11246  Bitcoin / Bitcoin Discussion / Re: Why should we use Bitcoin in daily purchases? on: September 09, 2017, 04:42:47 AM
No reimbursements is one of the things you have to sacrifice when you want to take control over your finances. No

3rd party services will protect you, if you work with Bitcoin directly. Some services might add this functionality at an

additional cost.  Huh


No reimbursements kinda scares off consumers too. Though merchants will find this beneficial for their services, consumers are vulnerable on being frauded by these merchants due to bitcoin's nature. If they want to have a privilege on returning defective items, they would need to sign something to enable them have that privilege which sucks, too.
11247  Bitcoin / Bitcoin Discussion / Re: i need help getting my bitcoin back from an address on: September 08, 2017, 07:18:41 PM
How would we be able to help you if you give indecipherable message from our standpoint? :/ Which site have you sent it and have you recently tried to contact their customer support team regarding your concerns? Bitcoin transactions cannot be reversed, you should know that, but services can enable you to withdraw your coins if it's below their threshold by asking them to do it. If they refused to do so, then maybe it's best to avoid that service in the future.
11248  Bitcoin / Bitcoin Discussion / Re: Bitcoin WILL become one world currency. Matter of when, not if. on: September 08, 2017, 06:46:32 PM
Interest may explode but Bitcoin will never be the world's currency. In fact, price won't drive it's Future use as a currency, the number of retailers choosing to accept it as payment is the driver...and currently there is zero growth on that front.

Bitcoin is failing as a currency. Who use's it to buy something? How many places near you scceot Bitcoin for payment?

Bitcoin is succeeding as a store of value, an asset class, an investment. And on that front the growth is limited only by future demand.

Indeed. Bitcoin continues to fail being a currency due to the fact that the miners can increase the fees at their own will, which then would make currency exchange impractical to merchants and consumers. Not only that, due to volatilty merchants are afraid of accepting bitcoin in their stores even though there's Bitpay to cover them. The uncertainty towards bitcoin is still high, and using it on microtransactions still is not economical in the mean time.
11249  Local / Esercizi commerciali / Re: what do you think will be the future of this market? on: September 08, 2017, 05:53:47 PM
Volatility would still be there, and many governments would soon regulate bitcoin on the positive side as soon as they get how it works. What we lack right now is true adoption and not just big overnight gains. Price surges is very probable with a large unique user base. If we are having enormous gains with just a few who actually buys, what more if we add up more people into the statistics, right? The future is bright for bitcoin.
11250  Other / Meta / Re: Cannot post anything in market on: September 08, 2017, 04:34:57 PM
The same thing.
Two days till I was able to sign up.
There are some bugs, at least for the new users on the Forum.

Everything is fine now.
They really make it hard for new users to sign up and start using the site...

That's not really a bug but rather a feature of the forum to keep newbie spammers at bay. The posting restrictions were placed so as to ensure that newly-created accounts wouldn't be spamposting anywhere else in hopes to clutter the forum and possibly boost their ranks (which is not the case thankfully). Also, sending a pm and posting a new message on the boards share the same timer just so you know.
11251  Other / Meta / Re: Keep track of your rank progress on: September 08, 2017, 04:05:36 PM
Maybe you should just keep track of this instead of having that added in to the current layout on the forum. It will have some additional work to it, and besides, the admins are now busy migrating data over at epochtalk so you could suggest that addition to the New Forum Software section if you like.
11252  Other / Meta / Re: No one Cares about this forum !? on: September 08, 2017, 03:57:59 PM
What kind of report are you talking about? Reports on their posts wouldn't count on reporting the account. Also, trust ratings wouldn't be changed by the admins in any way, so even if you pm the admins, they wouldn't touch your trust ratings. Also by default, trust depth is set to Depth 2 (?) for everyone, so even if you get tagged red by these sockpuppets, it wouldn't affect much of your trust rating, but it's still there.

And you got a valid neg trust from Lauda, reason is for your alts, which you are complaining about now.
11253  Other / Beginners & Help / Re: Trading ON LocalBitcoins by International SWIFT on: September 08, 2017, 03:25:14 PM
The question is why are you using localbitcoins for international purchase? It's called LOCALbitcoins so you should be searching for nearby (local) trader.

When you want to use SWIFT then go directly to kraken, coinbase or bitstamp.

Agreed, localbitcoins is used for person-to-person exchanges and not really a medium for online exchange just like what Kraken, Bitstamp and Coinbase offers. Also, idk where exactly are you situated since it varies from country to country. Virwox is also a good exchange, too, if you're looking for other options aside from what we've mentioned above.
11254  Bitcoin / Bitcoin Discussion / Re: Why should we use Bitcoin in daily purchases? on: September 08, 2017, 03:16:07 PM
In the current state of matters, I wouldn't use my bitcoins to buy a cup of coffee at Starbucks. The cost of transaction is greater than the actual good that I want to buy, so a big nope to that. Apart from that, there's not much who accepts bitcoin in their services, so I guess I'll just stick to my credit/debit cards and cash for buying everyday things.
11255  Economy / Economics / Re: Some things to consider before starting a business on: September 08, 2017, 10:37:57 AM
-snip-

All you have listed are practically what every business by default knows but at the same time, while some succeeds some others fail and stop existing. Either way, one basic thing to have is understand the need you want to fill as a business inclined individual and clearly state your target market because without these every other thing becomes impracticable.

Of the 100% of businesses, only 5% remains successful as the remaining 95% have already given up and chose to just close shop. The key thing is to first know if there's a demand for such a service/product before starting to build one. That's basically what's wrong with those who closed shop: they haven't researched too much on their target market that's why they ended up in a flop. Also, from what I'm seeing on today's markets, one product goes in trend and many shops market the same product without innovation. That will greatly saturate the market ending up in great competition, so the best possible thing to do is to think of something unique before setting up your own shop. Innovation is a big edge in creating a business, as people would be curious in your product and end up trying it and *might* like it.
11256  Economy / Speculation / Re: Be careful. (Newbies and others ...) on: September 08, 2017, 09:49:46 AM
I myself hate to admit it, but bitcoin being in a bubble could still be a fact after all these months. Just like what you mentioned, there are still few merchants that thoroughly accepts bitcoin as a payment method even though the price surged drastically. It's a scary assumptions, but things around bitcoin (economy, merchants, nodes etc.) suggest that this certain price range wouldn't hold and it's caused by artificial price manipulations--just like 2013.
11257  Other / Beginners & Help / Re: Safest Way to Sell Bitcoins? on: September 08, 2017, 09:07:23 AM
Where are you situated btw? It highly depends on what country you are from since options from our country might not be available to yours. Local exchanges are still the best ones since if problems arise, you can easily contact them unlike online exchanges. Localbitcoins is your first go to if you want to have a person-to-person exchange.
11258  Economy / Speculation / Re: China does it again (shorters on suicide watch) on: September 08, 2017, 08:27:52 AM
Not really giving a single fuck about what China does into their own regulations. Haven't really bothered when the price kept on dropping to $4300 and just went on to try and buy some coins on our local exchange. Idk why most of the people still sell their coins when prices are dropping, when the charts tell us historically that bitcoin keeps on going up no matter how hard the crash can be.
11259  Other / Meta / Re: Account hacked! Please assist! Admin please react sended you the sign message!!! on: September 08, 2017, 08:11:52 AM
Still waiting ...
this process is too slow,my account can be in big danger

It seems that accounts are easy to steal.

Maybe they can crack the captcha and then steal accounts.

Admins please do something, add more security.

I wait too



It's not that it's easy to steal. I myself have become a victim of these hacks and the reason why is I haven't changed my password since 2015 which is the time when the password hashes were leaked somewhere in the deep web.

If OP hasn't changed his password from 2015, then most likely someone cracked your password from the publicly-available (?) password hashes in the deep and gained access because of that. Also, just a heads up OP, theymos and Cyrus won't reply ASAP since both of them are still busy on the Epochtalk forum.
11260  Bitcoin / Bitcoin Discussion / Re: Not Just for the Money! on: September 08, 2017, 07:48:41 AM
Most of us first thought that we're just here to study what bitcoins are and haven't really thought of profiting off of it But you're a hypocrite if you haven't thought of using bitcoin as one of your investment tools due to the profitability it can bring. It's good that you still think of the knowledge that you still can share and gain about the tech, but admit it, money interest will still prevail no matter how hard you try to stray away from it.
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