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141  Bitcoin / Bitcoin Discussion / Re: Bitcoin... Stop being so hard to defend on: June 10, 2021, 05:35:32 AM
-snip

People will always find fault on everything. There's just no flawless technology. It's not even a matter of faults because Bitcoin people are already proving that these "flaws" are irrelevant. It's just that haters just want to bash Bitcoin because they wanted to, for a reason.
142  Local / Pamilihan / Re: BPI hindi na mag allow crypto transactions on: June 10, 2021, 04:15:34 AM
Marami pa namang option ang coins.ph para maka withdraw kaya I feel like hindi sila kawalan. Although may negative impact ito sa ibang mga users, hindi naman ito magiging massive hindrance sa crypto as a whole. Pero syempre, siguro pinipigilan lang nila yung mga customer nila na maging involve sa cryptocurrency kasi nga masyado itong risky.

143  Alternate cryptocurrencies / Altcoin Discussion / Re: ANNONIMOUS HACKER TARGET ELON MUSK ABOUT HIS TWEET on: June 09, 2021, 02:26:47 AM
The video was found to be fake, at least according to this twitter account https://twitter.com/YourAnonNews/status/1401410765639372800
which is apparently Anonymous real account. They probably won't attack Elon Musk though.
144  Local / Pilipinas / Re: Bitcoin price not in a good Hight. ano masasabi niyo ang dahilan si Elon ba...? on: June 09, 2021, 01:45:32 AM
Partly siguro kasama si Elon Musk pero satingin ko hindi lang naman siya ang nag pababa ng Bitcoin, isabay mo pa ang iba't ibang mga FUD na biglang naglabasan ngayon at ang mga panic sellers. Sa ngayon, si Donald Trump ata yung nag pababa ng Bitcoin. https://www.bbc.com/news/business-57392734
145  Local / Pamilihan / Re: GCash is planning to add cryptocurrencies! on: June 01, 2021, 12:09:33 PM
Wow!!! I mean massive adoption is real na talaga!

Source: https://www.philstar.com/business/2021/05/31/2101925/gcash-eyeing-cryptocurrency

Dahil konte lang talaga ang regulated crypto wallets dito sa Pilipinas like Coins PH, Abra, etc., nag step up na si GCash! Sigurado ako na si BTC at ETH included na dyan, pero yung gusto ko talaga is ma support nila ang USDT balance (TRC20) dahil wala nyan si Coins PH at Abra.

Anu masasabi nyu dito guys?

The fact na interesado sila sa cryptocurrency ay ibig-sabihin nito ay talagang na a-acknowledge na nila ang kakayahan ng cryptocurrency. Only a matter of time nlng talaga bago nila i-implement itong gantong serbisyo. Imagine nalang talaga natin, millions of Filipino ay ma-iintroduce sa Bitcoin or cryptocurrency in general.
146  Alternate cryptocurrencies / Altcoin Discussion / Re: All the crypto industry is running by shills on: May 31, 2021, 05:08:10 AM
Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills.
Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy
Theta to $1000 and all of this shit.


Youtubers get 30K for 1 video to talk about the coin

Obviously. Without any of those "big gains, invest now" "large returns" "invest in future" type of thing, there wouldn't be anything special to them. They want people to get hype to their project because if they don't, they are really nothing any different from other coins. That's why it's the battle of the hypes here in cryptocurrency. You can see the those who have the most hype, even if it's an obvious scam, it'll always get the price pump.
147  Bitcoin / Bitcoin Discussion / Re: Stop the FUD! Enough is enough! on: May 31, 2021, 04:39:18 AM
People selling now to the FUD are going to regret it later. Will it be in 1 month, 3 months, 1 year or 4 years? I don't know but I know they will regret it because they sell it to the big guys and they will remain poor for all their lives. Be smart and use your brain, you don't need the "genius" Elon Musk to tell you how to live! Use your brain, once for good, BTC is the future and they don't want you to have it! I'm tired to see how weak people can be. Most of them deserve their fate. They deserve working from 9 to 5 for a miserable salary. Sorry for the rant but I'm just tired to see this. Unbelievable.

It's probably because they think that Bitcoin can go as low as $20,000 again and they are probably waiting for that moment. Although they missed something crucial. A lot of institutional investors are in already.

I don't know about them but it's black friday for me.
148  Bitcoin / Bitcoin Discussion / Re: US Congressman Warren Davidson on the subject of green energy and Tesla on: May 31, 2021, 03:32:04 AM
Quote
One way for the United States to see its green energy grow, is to increase its #Bitcoin mining activity.

I don't understand the point on this one. How should the increase in Bitcoin mining activity cause the growth of green energy?

Green energy is right there waiting to be exploited. Whether there is Bitcoin mining or not, green energy should be the one to be widely explored and used. Industries should do the gradual shifting to green energy including Bitcoin mining.

He's probably just using Bitcoin as an example of high electricity usage that might be a reason for the US to use green energy. It's kind of a bad example IMO but since Bitcoin electricity usage is a hot topic right now because of Elon Musk, that's probably the reason.
149  Bitcoin / Bitcoin Discussion / Re: Why use the word CRASH instead of LOSSES on BTC? on: May 31, 2021, 02:19:17 AM
-snip

I think there's nothing wrong in using the word crash though. We've all been using it for a long time now every time a correction happens in Bitcoin. As you can see, crash doesn't necessarily mean failure. Even if you protest in changing this term for something, there's really nothing you can do about it since the majority use it quite often.
150  Economy / Economics / Re: Three South Korean Banks Stop Working With the Nation’s Crypto Exchanges on: May 29, 2021, 01:16:54 AM
Quote
Cryptocurrencies may someday be incorporated into the system, but for now, as there is a risk of being involved in crimes such as money laundering, it is very burdensome to transact. (…) I’m not considering it,” said a senior KB Financial Group official.

This is just very flawed argument. Might as well not not use fiat currencies at all as it is the number thing being used for money laundering, embezzlement, etc.

I think they just doesn't want to get associated with Bitcoin, especially now that we are seeing constant red. They are preventing people from investing in such a risky investment.

I hope they reverse this in the future when Bitcoin became a little bit more stable.
151  Alternate cryptocurrencies / Altcoin Discussion / Re: A single Bitcoin may hit a trillion dollar if.. on: May 29, 2021, 12:47:18 AM
I just can't see Bitcoin hitting 21 Quintillion marketcap at all even in the farthest future. It's just impossible for me, even if people made asset-backed coins  that will attract investors (actually people are starting to make it now), the number is just too high because of currency diversity.

I don't think there is a maximum value that can be reached for bitcoin if the dollar printing is continuous and without brakes, but this does not solve the problem because the purchasing power does not go hand in hand with the dollar value.

Theoretically, there's no maximum value on how much Bitcoin can go but that doesn't mean it can reached an absurd amount. Always take note of supply/demand and the population of where the supply/demand will come from because that's where the price will be based on.

152  Bitcoin / Bitcoin Discussion / Re: Now Paypal allows us to withdraw BTC to third party wallets on: May 29, 2021, 12:17:35 AM

Yeah. All centralized services are like that so I'm not surprised about it. To be honest, they aren't really any different from those centralized exchanges except Paypal is reputable and trusted.

Well, I have been using Paypal for umpteen years and never had major issues with it. Except the fees and exchange rate are pretty exorbitant.

I think I can agree with Paypal high rates since they are doing a pretty good job in providing high quality service so I think we can expect that they will do the same in cryptocurrency wallets, I hope.
153  Bitcoin / Bitcoin Discussion / Re: Now Paypal allows us to withdraw BTC to third party wallets on: May 27, 2021, 04:31:15 PM
This is pretty huge. Paypal can actually be used as a custodial third-party wallet now instead of a pseudo-crypto exchange that bans people for trading lol.

They are still in control of your coins as long as you haven't withdrawn them. So if your account gets flagged for some suspicious activity, even if it's about some merchant issues, the whole account standing is affected, crypto and fiat.

Yeah. All centralized services are like that so I'm not surprised about it. To be honest, they aren't really any different from those centralized exchanges except Paypal is reputable and trusted.
154  Bitcoin / Bitcoin Discussion / Re: Now Paypal allows us to withdraw BTC to third party wallets on: May 27, 2021, 04:15:52 PM
This is pretty huge. Paypal can actually be used as a custodial third-party wallet now instead of a pseudo-crypto exchange that bans people for trading lol.
155  Local / Pilipinas / Re: Tapos na ba ang bullrun? 2021 on: May 27, 2021, 12:08:50 PM
Satingin ko matagal ng tapos yung Bullrun nung umabot nung 60k price. Napansin ko kasi na sobrang daming hype ng mga panahon na iyon at suportado pa ni Elon Musk yung Bitcoin pero nag struggle parin yung presyo umakyat. Ngayon, medyo stable na ang price.

Para sakin lang. Satingin ko bababa ang Bitcoin.
156  Local / Pilipinas / Re: Bitcoin, papalo ba sa $100k ?? on: May 27, 2021, 11:32:52 AM
Kaya to panigurado. Huwag lang tayong magmadali. Remember na it took 4 years bago tayo maka recover at makarating sa ganitong price mula nung nag mega dump yung Bitcoin noong 2017-2018. Tuloy-tuloy naman ang development ng Bitcoin at I think malapit na atang matapos ang Taproot at Schnorr na inaabangan ng marami.

Kaya antay-antay lang talaga.
157  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon tweet again that he is supporting Crypto against Fiat on: May 24, 2021, 03:05:31 AM
Although he has a pretty biased negativity about Bitcoin, It's still pretty obvious that he supports the concept of cryptocurrency and it seems like he's influence over cryptocurrency is kind of dwindling. There's not much movement upward prior to this tweet as seen in CMC.
158  Bitcoin / Bitcoin Discussion / Re: Would you transfer 700BTC back in their hands? on: May 21, 2021, 02:41:21 AM
I'd just send the money back. It's not worth keeping those money since they legally own those. Yes, even if you fight for those BTC, that company will still win since they can claim that it's a mistake, especially that it's pretty obvious that it is considering the amount of money involve.

Quote
3. Fraudulent activity, including any attempt to withdraw funds that you do not own, did not transfer into your Crypto Interest Account, or did not purchase, is strictly prohibited and may result in the closure of your Crypto Interest Account**. Fraudulent activity includes any attempt to take advantage of errors on the BlockFi Website, systems, applications, or technology platforms.** Any errors identified should be flagged to investigations@blockfi.com for appropriate compensation, where applicable."

And this event is obviously a system error.

so what's the case they will file to the one who receive the amount? Its not the receivers fault to receive that and receiving that threats coming from them is so annoying maybe I will make their life hard first before I return the amount since its really insulting to receive a harsh message like that.

The problem here is that those users withdrawed the funds immediately so that forced BlockFi to email them and send those threats. If they haven't done that, then I think those threats wouldn't be sent in the first place.
159  Alternate cryptocurrencies / Altcoin Discussion / Re: Why complain about the dump when the market warned you???? on: May 20, 2021, 04:10:35 AM
It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Let's be honest here, a lot of people who invested because of the hype doesn't really know how to check this type of thing. Elon Musk brought them through constant shills and hype. Now that Elon Musk is done, they are blaming him for everything. Well, we can only watch and see how this will turn out.
160  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: May 20, 2021, 03:43:09 AM
Any news regarding the new smart contract or the audit? or when will be the initial launch of the new smart contract?
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