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1281  Local / Pilipinas / Re: Isa na namang Bitcoin negative publicity on: June 11, 2023, 04:38:39 PM
Way back in 2015/2017, may mga documentaries na about Bitcoin and its connection with illegal drugs.
  • Deep Web: The Untold Story of Bitcoin and the Silk Road 2015
  • Silk Road: Drugs, Death and the Dark Web 2017
Baka 'yung director ng Netflix show na 'yan ay ibinase 'yung script ng episode na 'yan sa mga nilalaman nung mga documentaries.  Grin
Either way, for me, it's still a publicity, kahit pa medyo negatibo 'yung laman.

To be honest kahit walang napanood na movies/documentaries ang isang tao tungkol sa Bitcoin e ang common knowledge parin is for drugs. Un lang talaga ang common na headlines sa socmed/news.
1282  Other / Beginners & Help / Re: What is ahead is very dangerous on: June 11, 2023, 10:52:19 AM
If they want airdrop from Optimism, they must follow up Optimism's official website and channels.

Not even that — the Optimism $OP token has been airdropped a few months ago already, and I'm pretty sure they can't claim it anymore today, nor will the Optimism team promote the token on social media.
1283  Local / Pilipinas / Re: Stay Lowkey lang tayo on: June 11, 2023, 09:19:17 AM
Hilig rin ng mga tao na mag upload sa Facebook stories ng mga winning trades nila sa Binance. Kahit mga ganung maliliit na bagay (kahit na maaaring talo parin ang isang tao sa overall trades nya lol) e nagiging unnecessary risk parin.
1284  Local / Pilipinas / Re: 400 Merchants Na Ang Tumatanggap ng Bitcoin Through Pouch on: June 11, 2023, 08:01:25 AM
Malayong malayong mas malaki ang capital ng Coins.ph compared sa Pouch.ph, pero hindi ko alam bakit hindi ata masyadong spinearhead ng Coins.ph ang bitcoin payments through their app. Mauunahan pa ata sila ng GCash kahit wala pang bitcoin payments through GCash ngayon.
1285  Economy / Exchanges / Re: Binance US Halts USD Deposits issues a fiat withdrawal warning? SEC vs Exchanges on: June 11, 2023, 05:43:01 AM
Nothing new — it's just the the typical US SEC trying to move Bitcoin and cryptocurrency development and adoption offshore to other countries. Will probably be one of the worst decisions and fumbles of the US government in this decade.
1286  Bitcoin / Bitcoin Discussion / Re: Bitcoin's market position inflation corrected on: June 11, 2023, 04:26:39 AM
Can you explain further your 30-40% thing? Cant see how you ended up with that number.

1. FIAT is just the trading pair. That's how markets work — you pair the asset with the most used asset for trading, which is fiat.

2. ? ? ?

"Chain-inflation": I can create my own version of the USD, but it wouldn't do crap with the economics of the USD. Same with with the bitcoin-forks.
1287  Other / Beginners & Help / Re: Goal Achievement on: June 10, 2023, 04:43:48 PM
You don’t necessarily need to be on Bitcointalk to advance on your “bitcoin journey”. Other communities like Twitter or Reddit also exists — it just totally depends on how you use these platforms to learn more. Honestly most of your learning would be through reading books/articles or listening to podcasts than actually talking to people on community forums.
1288  Bitcoin / Bitcoin Discussion / Re: Satoshi nakamoto was there that is why BTC come to stay. on: June 10, 2023, 04:23:09 PM
They do, because any Governments that accepted BTC in their countries enjoy BTC. If I may ask who are government? The people in a particular country are government, since the people that have idea on BTC are using it to grow their business and also use it to attract more customers by purchasing goods and pay with BTC. Like country  El Salvador are you trying to tell me that they don't enjoy BTC.

Obviously not all government likes the fact that their people are using bitcoin/cryptocurrencies, hence the tight regulations. The likes of Venezuela are just a small minority of countries that wants to take the risk of losing control over their people.
1289  Local / Pilipinas / Re: Isa na namang Bitcoin negative publicity on: June 10, 2023, 07:23:08 AM
Yes. Though these days pretty much household name naman na ang Bitcoin so hindi naman na ganun ka big deal ung makita ng mga tao ang Bitcoin sa mga movies at series. Matagal na rin naman ng common misconception na rin naman na na ang bitcoin/crypto ay ginagamit lang sa droga/illegal.
1290  Bitcoin / Bitcoin Discussion / Re: Gensler can destroy the U.S. crypto industry but he can’t kill crypto on: June 10, 2023, 07:12:26 AM
But yes he is relentlessly and corruptly attacked crypto in the US. Though it will likely take years for these cases to finish, and they could go either way, perhaps ending up limiting the SECs power even.

And also take note that I've read somewhere that Gensler has only less than 2 years left in his position(chairman of the U.S. SEC). He'll be out of the picture in no time; which is kinda bullish unless someone worse replaces him.
1291  Local / Pilipinas / Re: 6 Crypto Friendly banks sa Pinas on: June 10, 2023, 04:53:02 AM
While crypto-friendly itong banks/platforms na to, always remember na hindi porke e crypto-friendly sila e pwede ka nang mag transfer lang ng magtransfer ng bank<->crypto ng maramihan/malakihan. Always remember na may anti-money laundering limitations pa rin mga yan.
1292  Economy / Trading Discussion / Re: What's your favorite crypto;Bitcoin on: June 10, 2023, 03:35:09 AM
Bitcoin due to the fact that it's actually one of the most unique cryptocurrencies — pretty much just movement and storage of value; that's it. It doesn't need to have other features for it to be useful. Other cryptocurrencies on the other hand, are pretty much just pseudo-shares and smart contract platforms.
1293  Bitcoin / Bitcoin Discussion / Re: Gensler can destroy the U.S. crypto industry but he can’t kill crypto on: June 10, 2023, 03:25:38 AM
Pretty much — though possible to stifle and slow down, Bitcoin and some cryptocurrency projects have brown big enough to the point that it's going to be nearly virtually impossible to kill it. It's pretty much just going to be moved to other jurisdictions. Huge misstep for the US SEC tbh.
1294  Other / Beginners & Help / Re: Tips on crypto investment on: June 06, 2023, 05:16:44 AM
As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

This is the advice that gets people to unnecessarily "diversify" their holdings into more and more likely-to-die projects — with people thinking they know what they're doing but in fact, they don't. The safest advice is to simply go bitcoin-only.
1295  Economy / Exchanges / Re: SEC sues Binance and CZ on: June 06, 2023, 04:20:20 AM
One of the users commented under that tweet "That doesn't prevent criminal charges at a later date once more is revealed through discovery in the civil suit" so maybe their evidence is just not strong enough as of yet.

Yes. People think that Binance is immediately going to go bust or something, but in reality things like this are a long, slow, and gruellingly painful process. In the end we're likely going to get minor news concerning this topic month-by-month for some more added volatility.
1296  Bitcoin / Bitcoin Discussion / Re: People are giving too much importance to exchanges on: June 05, 2023, 06:55:31 PM
You're right — but what we think and want doesn't always reflect reality. The fact is, most of the cryptocurrency space at least for now is still largely speculation and not much people (at least yet) care about self-custody and self-sovereignty.
1297  Local / Pilipinas / Re: Atomic Wallet Hack on: June 05, 2023, 05:12:49 PM
Sobrang hirap kasi mag verify kung decentralized at open source talaga ang wallet kung tulad ko na walang alam sa code. Nagbase lang ako sa description sa website at few feedback sa internet.

Kagaya dito sa list mo na kasama pa dn ang atomic wallet para sa mga software wallet recommendation.  Undecided

Regardless kung open-source or not ang isang software wallet, still always opt in for hardware wallet kung para sa long-term investments. Dapat ang software wallets pang maliliit na halaga kung mahilig gamitin ng isang tao ang crypto niya on the fly.
1298  Economy / Exchanges / Re: SEC sues Binance and CZ on: June 05, 2023, 04:23:36 PM
Take note while this is definitely not good, it's important to understand that this is a civil case NOT a criminal case; as pointed out in the below tweet. I'm not some law expert but I'd assume it's a significant difference.

https://twitter.com/WuBlockchain/status/1665751740380229632?s=20
1299  Local / Pilipinas / Re: Dinemanda ng SEC ang Binace at CZ on: June 05, 2023, 03:59:10 PM
Though nag "4" nanaman si CZ, wala pa siyang specific comment kung FUD to o hindi, since hindi pa daw nya nababasa ung report.

Quote
4.

Our team is all standing by, ensuring systems are stable, including withdrawals, and deposits.

We will issue a response once we see the complaint. Haven't seen it yet. Media gets the info before we do.

🙏

https://twitter.com/cz_binance/status/1665742100845961217

One thing's for sure, kaso ito, and wag nating kalimutan na sobrang laki ng warchest ng Binance.
1300  Bitcoin / Bitcoin Discussion / Re: 12 years of a Legendary post on: June 05, 2023, 02:52:24 PM
Is there any information on who the guy was behind the post? We don't even know a username1. Back in the day, it was possible to post in the forum without registration, anyone could post as a guest.

For the sake of the poster's personal safety(because he/she's guaranteed to be a multimillionaire by now assuming he/she didn't sold or get hacked), let's just say that we should be thankful there isn't much information about him.
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