Ha ha ha! You shall say goodbye sheep - because for people who were able to grab a bag around 800-dollarish there is no reason to BYE BYE BTC. The only ones who are affected with this dump are the ones who joined during last December's hype. And you know what? Screw them sheep.

This thread is old! ha ha. Anyway, I admit that incorporating my business with bitcoin is not so very wise these days. I owned an online store (bitshop MNL) which I encourage users to pay me bitcoins, but the challenge is they are too scared to adapt with this mode.

Stupid speculation. As what I can see, the price will keep on going downtrend because the money makers are using their influence for such thing to happen. They want to buy bitcoin cheap.

There is no such thing! There was no war against crypto, what they have is a challenge on how to make money out of people who are INTO cryptocurrency.

well, if I were you I will wait until June; the US have decided to tax crypto hodlers bigtime and they have an option to sell before june to avoid huge taxes. I don't have the link to that news at the moment, do your research.

Overpriced? how did you say so? Ok, think about this my friend; I am gonna give you some examples of real overpriced:
- iPhone
- Mercedes Benz
- Ducati
- LV

The materials used to produce these items were never really expensive, but since the ads and the branding were so damn awesome, people believed that the price is right.

Now, lemme tell you something you might wanna ponder; before you can produce a satoshi, you need rigs, powers, gpus, and etcetera... sum this and you will realize the real value of bitcoin. Now, the demands add up profit to it. The more people wants it, the higher we can bid.

That's how you analyze "overprice".

I guess it's hard to tell unless you have joined a group and which are responsible for these pumps and dumps. Anyway, it would always be a best practice to buy at low, hell yeah - always buy low, cheap, dump coins... these level would never be dumped lower (well at least).

After Charlie dumped all of his LTCs, I doubt that it could rocket anytime soon. Probably we could wait for new updates and upgrades. I still have faith that this token is best for transferring funds.

I don't want to sound stereotype, buut of course I would suggest that you put the half of it in bitcoin (or in bitcoin cash); Why? - because it would definitely grow every year without fail. No matter how many people talk trash about it, nobody can deny the fact that it's promising profit attracts noob investors - and with them where we dump our investments. ha ha!

That sucks my friend, in the first place, why in the hell would you be in that sitch if you are aware that your salary is ain't enough to pay for it; Anyway, let's focus on the problem...

here are the basics:
- electricity
- water
- rent
- food

Now, among the 4 above, the safest bullet to compromise is food. If you want to have extra money to pay debt, then you better start reducing your meal to once a day. It might sound like an ill advise but you may take it or leave it.

Do you really think that if they tax it, the tax will be used for goodness sake? hell no! Once they make it happen, expect huge corruption.

With all of these projects and new tokens using ETH blockchain, I believe it has nowhere to go than upwards. I was able to keep a bag of ETH during the bloody season, soon I will dump it as the price reaches moon.

Are you referring to ICOs? In my opinion not all of them are scam; there are some who is legitimate like the one in my signature. Believe me, I have read their whitepaper and this coin is the next big thing. It's like putting "real" value to a coin in a form of wage. Yeah, I really mean WAGE.

That is why I really want to hoard as many bitcoins as I could. Unfortunately, I have sold half of my share last December. At the moment, I am kind of skeptic whether to buy BTC or BCH because I really can't predict which of the two are going to be patronized by the global populace.

It's hard to keep gold and silver by the way.

Bitcoin at the moment is never controlled by any of the government, so I doubt that it could affect fiat. However, it feels good seeing local currencies crosses over one another without their government knowing it because it went out via cryptosphere and goes to another country (well, theoretically speaking of course). That probably could affect the forex price.

I hate to see myself replying in this thread but I recall a scene in Mr Robot where Rami asked the cab driver if he accepts bitcoin. Man, that was way too cool. I wish cab drivers here are as freethinker as that on tv.

The incident is not new in the Philippines; with or without bitcoin, these scammers would always find tools and other modes to take advantage of the no-brainers who want to get rich instantly. It just so happened that this is the era of coins.ph when it comes to money transfers.

Only imbeciles will associate this incident to bitcoin as a scam... and if the government tends to ban crypto, then we can always find ways to cash out our bitcoins. There is always the same old fashion way, my friend.

Wala naman dapat ikabahala sa KYC; actually hindi nga dapat gawing big deal yan eh... lahat halos ng mainstream banking and financial services sa pinas eh matagal na nagpapractice ng KYC - iwas money laundering ika nga, at iwas terrorismo na din.

Tungkol naman sa identity theft, bakit ka naman kakabahan na may manguha ng identity mo? Basta maging cautious nalang tayo sa mga websites na sina-signupan natin.

That depends on the people themselves. If they patronize crypto or bitcoins and they are practicing cashless trades or transactions then yes it can make paper money disappear; however, if these same people are imbecile crying out loud that they are neglecting paper money or local currencies, then their government will surely do something to stop them. Worst is, making bitcoin transactions a crime.