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12201  Bitcoin / Bitcoin Discussion / Re: AMA (Ask Me Anything): The current state of Bitcoin in the Philippines 🇵🇭 on: May 17, 2019, 04:35:32 PM

I personally haven't heard of a person with that exact name, but names like that are pretty uncommon in the Philippines. For some reason people here has some weird naming habits. Along with what crwth stated, I met a kid here in the Philippines in the past named Cutie Pie. Like what the hell. The parents are pretty much asking for their kid to be bullied in shool lmao(I hope the kid didn't).
12202  Local / Pilipinas / Re: Ultimate Lists Of Bitcoin Wallets on: May 17, 2019, 04:22:52 PM
Instead of linking it to bitcoin.org, bakit di mo na lang ilink sa website nila mismo? Legit ba yang bitcoin.org? Sorry first time kong narinig.

Bitcoin.org is legit. Though of course, as far as I know, iisang tao o iilang tao lang ang may control sa bitcoin.org, so be cautious pa rin and dyor. Not sure pero sa point ng post na to to be honest; kinopya lang naman ung contents ng site.
12203  Bitcoin / Bitcoin Discussion / Re: Hacked Cryptocurrency Exchange Cryptopia Goes Into Liquidation on: May 17, 2019, 03:52:28 PM
Not anytime soon. DEXs still struggles a lot on liquidity, and on UX/UI. Custodial exchanges are simply just a lot easier and faster to use right now, hence DEXs still aren't that much of a threat to custodial exchanges.
12204  Bitcoin / Bitcoin Discussion / Re: Would you buy a coffee using BTC during current times? on: May 17, 2019, 03:23:40 PM
I would, as I assume that if coffee shops would actually accept BTC on-chain payments, they probably wouldn't require confirmations for a $2-$3 transaction? It would be very desperate for a person to attempt to do a double-spend transaction just to be able to save like $2-$3.

If they'd require confirmations though, with a quite congested mempool like right now? Hell no(assuming they don't accept LN payments).

Clearly, the best solution here would be the lightning network but that's far from being finished.
Unfortunate. I was hoping last year that LN would be ready to use for your typical non-technical person before the next bull run. Not saying that a bull market is about to start, but I'm not confident about this happening if ever a bull market comes this year. Probably 2 years more for LN to be ready(just a rough guess, don't quote me).
12205  Other / Beginners & Help / Re: New a hot wallet. on: May 17, 2019, 03:07:41 PM
A web wallet would be fine, wont store much of any crypto. I would store abit here and there. Just need a few web wallets and spread out the risk.

Genuine question: If you're just going to store a small amount of crypto(the same small amount you're comfortable having in your pocket wallet for day-to-day transactions), why would you need to spread out the risk?

Anyway, I suggest just trying out what people are suggesting, and choose yourself. I personally still wouldn't go with a custodial web wallet for my hot wallet though. My personal pick would be the Edge wallet, as I'm a bit of a UI junkie. I'm not sure if it's super secure, but whatever. As I only hold small amounts there(probably not more than $40).
12206  Bitcoin / Wallet software / Re: Think my BTC got stolen in Jaxx Wallet.... on: May 17, 2019, 02:56:03 PM
Just to add to what bob123 said..

I didn't store Jaxx seed or private keys anywhere in my phone...i printed it out and store it in my drawer
I mean, you printed it out. So you probably had to type the seed into your computer, right? That itself is a potential attack vector, easily through a keylogger.
12207  Bitcoin / Bitcoin Discussion / Re: Upcoming 60 minutes segment on the Pizza guy on: May 17, 2019, 02:53:18 PM
Well, that is marketing for you and we live in the world of marketing right now and even into the future

It sure is just marketing, and it sure is goddamn effective. Were talking about CBS News anyway, so they surely know what they're doing. The thing though is, there's a fine line between great marketing, and straight-off bullcrap clickbait(which this one is).
12208  Bitcoin / Bitcoin Discussion / Re: Upcoming 60 minutes segment on the Pizza guy on: May 17, 2019, 12:23:02 PM
"Meet the man who spent millions worth of bitcoin on pizza"
"You spent about $800 million on pizza?"

I just hate those clickbait headlines lmao. As if the BTC that was paid was even close to worth that much in the past.
12209  Bitcoin / Bitcoin Discussion / Re: SUDDEN CRASH on: May 17, 2019, 03:59:48 AM
I mean, I really thought a price drop was almost inevitable. I didn't think it would drop THAT fast though. If anything, it looks like price manipulation(which is really nothing new to be honest), or somebody dumped a huge chunk of BTC. Regardless of the reason, whatever. Just a small blimp in the long-term price.
12210  Alternate cryptocurrencies / Mining (Altcoins) / Re: How much revenue can I make with these GPUs on: May 17, 2019, 03:30:54 AM
And how much will I be making?
Mostly, because of lower mining difficulty(compared to bitcoin at least). It completely depends on the coin.

And how much will I be making?
Completely depends on what you're going to mine. Also, check the link I just recently told you to check.
12211  Alternate cryptocurrencies / Mining (Altcoins) / Re: How much revenue can I make with these GPUs on: May 17, 2019, 03:16:20 AM
Unless you're going to use ASIC miners, then I don't think you're going to make any profit. Probably unless you're using 100% free electricity. With GPUs, if your main goal is to make profit, then mining certain alts is the way to go. You're going to need to do some research though.

This tool might help you: https://www.coinwarz.com/calculators
12212  Bitcoin / Wallet software / Re: Think my BTC got stolen in Jaxx Wallet.... on: May 17, 2019, 02:29:33 AM
Thanks guys. Learned my lesson. Guess I won't be able to get back my Btc. Sad Damn hacker. Hope karma come back to them.

Quite an expensive mistake mate. At least you now know what to do to prevent the same from happening future. Next time, always always prioritize security. Not to mention that I don't think Jaxx is a same enough wallet in the first place. I've read in the past that there are some vulnerabilities that some people saw, and that Jaxx refuses to fix them.
12213  Other / Beginners & Help / Re: First Timer on: May 17, 2019, 02:19:48 AM
Just to add, as people answered your questions already anyway:

1. Which sub-forum should I participate in to gain knowledge of bitcoin the most?
This one. But mostly you'd get questions and discussions rather than guides and tutorials, so I'd suggest you do some research outside of Bitcointalk instead. Of course, if you're unable to understand some things concerning bitcoin or cryptocurrencies in general, then you can freely ask them here(assuming Google doesn't have an answer).

Check this out: https://coindesk.com/information   that should keep you busy for a while.
12214  Bitcoin / Bitcoin Discussion / Re: The only safe haven currency is Bitcoin on: May 16, 2019, 09:44:13 AM
isn't it wiered that China has 80% of bitcoin mining, yet they banned Bitcoin and their citizens would have to use VPN to purchase what their country mine themselves. It can be a tactical move to trick the world.

Can you give us your source on the 80% claim? Also, just to make it clear for you in case you misunderstood this, not because a person is using Antpool(China based mining pool), it doesn't automatically mean that the miner is from China.
12215  Bitcoin / Bitcoin Discussion / Re: Bitcoin Winter: Can We Prevent it From Happening Again? on: May 16, 2019, 08:38:52 AM
I am wondering, do you think the same bitcoin winter can occur after the bull run? And can there be things that can prevent it from happening? Will history just repeat itself?
With huge price rises comes price consolidation, which is pretty much inevitable regardless of what kind of markets. So, yes.

And can there be things that can prevent it from happening? Will history just repeat itself?
Nothing. Unless for some reason you could convince everyone to not sell after a huge bull market trend.
12216  Economy / Exchanges / Re: Binance KYC on: May 16, 2019, 06:56:41 AM
Well maybe before binance found out this he already withdrawn his btc and can't trace any other alt accounts especially if he uses vpn.
More likely if they locked the account it surely don't have anything left.

Though I think creating multiple accounts weren't on their ToS. So perhaps you can do it yet on your own peril.
They could potentially find out if the IP from the VPN/proxy you're using is already flagged by them. They could probably lock the account immediately after registration, or after deposit. Not sure though, as I personally haven't really tried yet(and not planning to).
12217  Economy / Exchanges / Re: Binance KYC on: May 16, 2019, 06:14:39 AM
One way to get past any restrictions would be to open multiple accounts with family members details. <obviously with their consent>

I know this might be unethical, but can you technically just create multiple alt Binance accounts? Probably with different IPs just to be sure? As the 2 BTC/day limits have zero requirement for KYC anyway. It's gonna be a problem if ever Binance gets detects something fishy and lock your accounts though.
12218  Local / Pamilihan / Re: Bitcoin different ways of encashment? on: May 15, 2019, 05:44:22 PM
If you have any idea on other ways specially for larger transactions. Ways on how to minimize fees on large transaction?
For big amounts the best solution is peer-to-peer. Though sa Philippines, baka mahirapan kang makahanap ng buyer ng bigger amounts. Probably ask on social media? Kung ok lang sayo na i-expose mo in public na nagbebenta ka ng BTC. Though very time consuming nga lang.

Unfortunately kokonti lang buyers/sellers sa LocalBitcoins: https://localbitcoins.com/country/PH
12219  Bitcoin / Bitcoin Discussion / Re: Best Android wallets to store Bitcoin and do transactions on: May 15, 2019, 05:02:38 PM
Personally i use 3 wallets. They are Atomic Wallet, Trust Wallet and Blockchain. I prefer Atomic wallet more  because it provides Private Key. I only use these wallet, whenever I need to trade on an exchange. Blockchain is used to store Bitcoin, Trust to store Ethereum and Atomic wallet for Alts aswell as Ethereum. If I want to HODL any assets, I would transfer it to my ledger.

I don't get it. Besides the Ledger, why do you separate your BTC, ETH, and alts on 3 Blockchain, Trust, and Atomic? Atomic also supports BTC, ETH, as well as your alts like you said, so why not put your BTC and ETH on Atomic?
12220  Other / Beginners & Help / Re: Save Yourself From, "Wallet Scammers". on: May 15, 2019, 03:14:07 PM
This is probably one of the most obvious scams in the cryptocurrency space, ever. They're pretty much asking you to hand over your funds. Unfortunately, since scammers are still doing this, it looks like this scam is still working.

Did you give them your email address? On this forum email addresses are hidden so they had to get it somewhere else.
My guess is that it's from an airdrop site.
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