It's still hard to see bitcoin daily in every country. Until people start using mobile wallets with few hundreds of dollars and scanning qr codes to make payments.... Or if some services like Airbnb or u we start accepting it.
I honestly don't see bitcoin being widely widely used(besides on countries that's overtaking economic crises) unless bitcoin becomes stable enough and unless wallets becomes too easy-to-use enough. It's going to take more years in my opinion.
|
|
|
I'm also currently residing in the Philippines. Let's be honest here. Though there are definitely a good number of bitcoin "investors" here, most people use Coins.ph's services(the ones you listed) through our local fiat, the Philippine peso. Some(or most) people are poor enough, to actually risk holding bitcoin for their payments.
|
|
|
I do not understand why any person ever uses a PC to host a wallet. It does not make the slightest sense and I find it really weird that they're still considered a viable option. The only time I'd use a PC in that capacity is if it had its wifi card ripped out and was never hitting the internet ever again.
From my experience based on people I know, it's 90% due to ignorance in terms of information security. One person I know's reason was "I have an antivirus so I am safe", while using his very outdated Windows 7 device. Yikes. For every person that I know that holds bitcoin, I had to school every. single. one. of them.
|
|
|
Though I'm not sure if this is still the case with Exodus today, whereas the seed is actually in plaintext(was expecting a bit of encryption), take note that these types of wallets shouldn't be used for long-term storage in the first place, unless you definitely know what you're doing(with the usage of an air-gapped device). These wallets should be used only as hot wallets in the first place.
|
|
|
Thinking of a viable business for yourself and entrepreneurship in general is almost never a bad idea. But in my opinion, you still need some learning and practicing to do. It's almost like you just grabbed some logos and added some text around it using Windows' paint. Try harder. Best of luck.
|
|
|
Not a bitcoin maximalist per se(though a huge majority is BTC), a shitcoin is simply a coin/token that is either:
1. Unnecessary: A perfect example would be Dentacoin. A coin for dentists? wtf? 2. A scam or a pump & dump: No explanation needed honestly. e.g. Verge(XVG)
|
|
|
the bittrex crosschain recovery costs 0.1 btc and was only done for transactions above 5000$ but now the minimum rate is less, now being 3000$. the fee still 0.1 btc let's hope. otherwise I'll kms
I'd take whatever fee they ask for to be honest. Better to receive a small amount than to receive nothing. ¯\_(ツ)_/¯ Anyway, from their response to you, looking good so far I think. Update us!
|
|
|
@mjglqw I guess people really don't do market research when it comes to crypto. It's so funny to meet shills from Tron or whichever online and then asking them how they use their coin.
Yep. And you'd think PornHub, a multi-billion dollar business, would know better. 🤦 A very very rookie mistake, if anything. It's such a noobie mistake that I'm heavily leaning on PornHub actually being paid by these projects to accept their coins.
|
|
|
Also, they picked Verge instead of BTC. Of course it's a slower adoption. I don't use Verge, don't know anyone else that does!
Not only Verge, but also Tron and ZenCash. Like Jeebus. They would've at least done their research on what crypto to accept for potentially higher buy volume; but nooo, they most likely took sponsorships from these shitcoins instead of actually implementing the cryptocurrency that's actually being used. 🤦
|
|
|
Profile -> Forum Profile Information -> Signature ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FlBhdft8.png&t=663&c=UBTlUNjLiiop8g)
|
|
|
Some local boards seems a little abandoned but hey, then the bull-run comes again they will come back to life, as usual.
Yep. We are simply just at the lower side of bitcoin's price. Bitcointalk's traffic itself has dropped due to the bear market, not only specific local subforums. Is it possible for certain sobforums to be removed due to inactivity? Likely not, but possible. But worst case scenario is that people on your local boards will be needing to post on the Other languages/locations[1] subforum instead. It's not like you wouldn't have a place to converse with your local language.
[1] https://bitcointalk.org/index.php?board=11.0
|
|
|
This is why i don't fully agree with your OP: if you monitor your coins, you don't gain a lot of security... As soon as somebody steals from you, your funds are gone wether you monitored them or not...
Pretty much this. Unless the hacker is stupid enough to send the stolen BTC straight to an exchange like Coinbase, then you might have a slight chance. What's better? Actually learn how to store your coins in a safe manner, before actually purchasing them. Purchase a reputable hardware wallet, write down your seed on paper(s), and don't be a dunce and flaunt to everyone that you hold bitcoin(unless you want to be kidnapped or something).
|
|
|
No. Sending BTC to a BSV P2PKH address(starting with 1) doesn't "burn" the coins, because BSV supports P2PKH.
Well, the best thing you can do right now is to wait for Poloniex. I wouldn't get my hopes up though, usually, such a process can definitely be a huge hassle for Poloniex; hence they only try to recover coins that was sent by mistake only if the amount is big enough, and as far as I know, I think they're going to ask for a fee for their troubles. So.. yea. Just give them the required info, then wait.
|
|
|
Should I just send all the bitcoins to the Ledger for longer term storage?
Absolutely. I mean, honestly OP. Why did you even purchase a Ledger Nano S in the first place if it wasn't for long term storage? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Ledger Live is pretty limited with Altcoins functions too, for example they don't support transactions of tokens which are stored in your ETH address, you need to connect to MEW (MyEtherWallet) in order to see and spend your tokens.
Which really isn't a problem. When using your Ledger Nano S through MEW, your private keys don't get exposed regardless, so I don't see a single problem with this.
|
|
|
Nah. Bitcoin being a local currency this early on is obviously going to be a huge disaster. It doesn't take a genius to realize that. Bitcoin is simply too volatile as of now, and Lightning Network isn't even ready for mass adoption yet.
|
|
|
How do you deal with them? Do they eg. get red flagged?
Most use secondary Facebook accounts. Though you can report them and potentially get their Facebook accounts banned, they can simply make another one. My solution? Simply leave those groups.
|
|
|
It would be interesting if someone came forward with a real life testimonial on how a change in the data on a screenshot led them to be scammed at some point, specifically in the cryptosphere. I think all warnings, and the forum is full of them, would be nicely complemented by real cases of "I fell for it".
The Philippine bitcoin social media groups is definitely one of the biggest users of this false advertisement. You see a lot of posts like "look what I've earned from investing in this MLM site!", a long with a screenshot of their bitcoin wallet having a decent amount of BTC. Obviously pure BS. Though I barely see posts complaining that they got scammed by this method, I think it's quite common. Instead of stopping after they get scammed, they instead spread their referral code to make back the money from other victims. It's a chain of BS.
|
|
|
Ehh. Dude's music isn't my cup of tea(even though Gucci Gang was catchy as hell), and I don't think a significant amount of people will actually use bitcoin(regardless if through LN or not) anyway. Regardless, publicity is publicity so this is a win in my book. ¯\_(ツ)_/¯
|
|
|
I'm pretty sure that some people are suggesting other sites/companies to accept bitcoin already. But, they simply currently don't want bitcoin, and it's completely understandable in my opinion. Bitcoin's price volatility is most probably just going to be a huge hassle for them, to implement such a system, with such a small advantage for them as I'm pretty sure people paying with bitcoin will be a very very small minority.
|
|
|
And if you cant wait, you can purchase a copper member rank instead(pretty much buying yourself into a member rank). As far as I know, some campaigns that accepts member ranks, also accepts Copper members. Purchase copper member: https://bitcointalk.org/index.php?action=credit;promote
|
|
|
|