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141  Bitcoin / Bitcoin Discussion / Re: I will invest in bitcoin for my child's cost when they grow up. on: February 01, 2023, 10:12:28 PM
Saving bitcoins for your children is a great idea. You don't only save it, the price of bitcoin will grow in the meantime, and you don't have to pay any tax or fees to the bank.
Use a secure hard wallet and keep your seed phrases safe. Also, you will find many topics and threads already created on this forum for how you can keep your bitcoin wallet safe and what wallet you should use for better security purposes
There’s a risk but since OP is willing to take it, I hope he succeeded on this.
Doing DCA is a good strategy for a long term investor, and with Bitcoin it can be more profitable of you do it during the bear trend. Using a hard wallet is ideal and advisable to protect your investment, just hide the keys properly and always have a back-up plan. The market is getting better now, take this opportunity to plan long term.
142  Other / Beginners & Help / Re: A reminder to all new Bitcoin investors on: February 01, 2023, 09:54:35 PM
Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.
FUD will still be part of the market, either you take actions from this or you’ll just ignore it.
To become successful I think its better if you have your target price and cut loss price, by this you’ll know when to exit the market and avoid from any big losses.

Bitcoin will always rise, just try to maximize its trend if you’re a long term player, there’s also an opportunity during the FUD, just continue to look for the perfect timing.
143  Local / Others (Pilipinas) / Re: SIM Registration: Anong Dapat Ipag-alala? on: January 31, 2023, 02:22:05 PM
<snip>
Di ako magaling sa law, pero sa pananaw ko, di naman ipag-babawal ang pag receive mo ng fund through gcash. Pwede pa ata kung utos ang gobyerno natin na ipa-ban ang Binance account mo or restricted ang trades o anumang transactions mo with BTC or other cryptocurrency (if ever man na hindi lang BTC ang bawal). Ang root lang nito, hahantong ka lang jan if yung exchangers na ginagamit mo related with BTC or altcoins ay centralized na need i-verify and identity mo.
This will require a lot of work at syempre, dapat may batas para dito hinde sila pwede basta basta magregulate if hinde naman ito sakop ng batas.
Di paren ako nakakapag register ng SIM pero hopefully bago matapos ang palugit magawa ko ito kase super dame paren talaga ng mga scam messages though hinde naman talaga ito mahihinto pero at least madali na naten malaman kung sino ba ang may-ari ng number na yun.


Unfortunately marame ang nagbebenta ng identity nila without knowing na pwede sila magkaroon ng problem dito, especially yung mga nagcocollect ng information which is they can still buy a sim and register the same details all over again.
144  Bitcoin / Bitcoin Discussion / Re: My greatest fear about Bitcoin Halving. on: January 31, 2023, 01:38:55 PM
Bitcoin halving is characterised by price boom and this is a general believe of some bitcoiners and members of this forum.
My greatest fear is; what if 2024 halving comes and go without any kind of bull run? Don't you think that there will be a serious problem and panic in the industry?
This is because 2024 halving is the greatest available hype that can move the market. Besides that, I don't see any possible wave that can move Bitcoin to a new ATH. Unless US government will have to make BTC a legal tender.
Stay away from that negativity and look for the positive side, imagine having a limited supply with an increasing number of users, you might not see the effect right away but in the long run you'll see the real value of Bitcoin.

Halving is the biggest hype for Bitcoin aside from adoption, and I'm confident that we will go to bull trend this time because the cycle of bear market is soon to end, better to grab this opportunity now while you still can because Bitcoin will prove your negativity wrong.
145  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: January 30, 2023, 10:40:13 PM
Converged improved in both ends, they are a good challenger last year but they failed to move up to the semis, right now they keep showing good improvements and they are really doing well in building good chemistry, the import is being well supported by the locals and that's one of the good thing, they are not relying they are working as one.

On the other end, Mags' next assignment is another great team. TNT might have some internal issue, but I'm sure they are all pro and they can work it out.
I'm shock to see Converge on the top of the standing but the way they played the game, they prove that they deserve to be on that spot.
They are more consistent now but its too early to say because for sure no teams here are safe from any losses.
Magnolia vs TNT will be another exciting game, I expect for Magnolia to bounce back but with TNT I think it will not be an easy game for them, they have to play their best strategy here and avoid the lose ball.
Probably other teams are can’t still get over from the holidays and the last conference, too early to celebrate for Converge and better not to focus on their current standing and just do their best one game at a time. They had a lucky win against Magnolia so technically others team are not going easy as well, every game is a hard game. Magnolia on the other hand will surely bounce back because that’s a top team as well and they have good players to rely on.
146  Economy / Economics / Re: I have resolved into buying more and caring less on: January 30, 2023, 08:25:05 PM
This can be good if you are dealing with the top coins.
Playing long will allow you to focus on other things and just wait for the right moment to sell, I’m also holding the top coins and my goal is to take profit in the new ATH because I know that is a good opportunity to make profit. The market will always go pump and dump, so know when to hit the sell button and don’t just hold passively.
147  Bitcoin / Bitcoin Discussion / Re: El Salvador Authorities Extend Bitcoin Adoption to Other countries on: January 30, 2023, 07:33:53 PM
This could help encourage their people to use more Bitcoin as an option, I’m just also wondering if other government will allow this to happen and how they will record it and report to the authority.

Anyway, El Salvador knows what they are doing and with this, they might help reach more people and encourage them to adopt as well. Whatever their purpose to use Bitcoin is, its good to have them as a legal option, they have to continue to innovate though.
148  Local / Pamilihan / Re: crypto isang uri ng casino ayon kay Sen Gatchalian on: January 30, 2023, 07:07:27 PM
Katulad mo din naman, di rin ako suporter niya at para sa akin maganda naman ang hangarin yun nga lang. Bago siya mag bitaw ng salita kasi mostly words na binibitaw niya bilang mambabatas ay hindi haka haka lang dapat. Ok naman na magbigay ng opinyon pero mas maganda yung maging informative yung sasabihin niya na may back up ng research at facts.
Wala rin namang mali sa sinabi mo at sinabi niya at tingin ko wala rin namang mali sa sinabi ko, pero mas maganda kapag may mga statement na ganyan dahil public figure, mas mainam na may research siyang pinagbabasehan para rin sa kapakanan ng lahat na di pa maalam sa crypto.
Dahil siguro sa risk na dala nito kaya ito nasabe, pero kung paglalaanan talaga ito ng oras at panahon panigurado, mabilis lang nila ito maiintindihan and for sure, magkakaroon pa sila ng mga ideas to create a law that can protect everyone. Ok naren na nakuha naten yung atensyon nila pero sana mas maging open sila. Maraming institution ang willing tumulong to spread the right knowledge, and hopefully mangyare na ito para magkaroon na ng mass adoption dito sa Pinas and make crypto legal.
149  Economy / Economics / Re: A bullish case: HOW MUCH #BITCOIN to get rich and fund your lifestyle? on: January 27, 2023, 11:18:40 PM
.1BTC is already enough to live for at least 5 months in my country, and it will always depend on your lifestyle and on where you live. Being rich means being able to buy all your wants so there is no certain amount for this as many still aim for more and don’t want to be contented of what they have. Bitcoin is not a rich quick scheme though, there are things that you need to sacrifice in order to achieve your target Bitcoin.
150  Economy / Speculation / Re: The Start of a Bull Season on Bitcoin? Or a Trap? on: January 27, 2023, 10:21:27 PM
I believe that the difficult situation has passed, after the FTX case ended with investors crying, now is the time to be more vigilant and choose exchanges, it's better to use exchanges for instant transactions, don't store large amounts of assets because bad things can happen, at least there isn't negative sentiment yet which makes the market panic so naturally bitcoin will continue to grow positively in 2023.
This is the start that the market will recover after all those issues in 2022, I think we already had enough of bear market and now, Bitcoin is taking over the market again and will about to boom.

This is not a trap, this is the real trend now and if you can’t see a good reason to buy, just search the price of Bitcoin on last halving, usually the pump happens a year before the halving and that time is right now so grab some now and stay positive for the whole yea.
151  Bitcoin / Bitcoin Discussion / Re: CEX deserves all criticism but not the hate on: January 27, 2023, 09:45:50 PM
After the whole issues of FTX my advice is though buying from CEX is safer but storing all your funds there should be avoided and for holders just stick with DEX.
There are a lot of issues with CEX, this is why you need to choose the best option and never hold any crypto with CEX, you have to learn from what happen to many exchanges. I still not suggest to hold on DEX, better if you are planning for long term holding do it on your hard wallet, it is more safe and you have the control over your crypto. CEX is good for liquidity and trading, maximize that option and be wise.
152  Economy / Trading Discussion / Re: Best strategy for Dollar Cost Averaging on: January 27, 2023, 01:04:26 PM
It's good strategy to accumulate coins with you overtime if you don't have sufficient funds to invest at once.This is applied by many traders by putting fixed amounts weekly or any time period they find suitable but for me it's good if you have say 2+ years in mind that will help you get some good amount with you but don't invest too small amount that would not cover even the tx fees say make it above $10 for best.
DCA seems to be the trend during the bear market as many prepares for the green days and I agree, its also good to have a good amount of money to invest every time, because if its just a small amount of money like a $10 below, they it might not be worth it because of the fees. Anyway, I also practice this and so far I'm being consistent and didn't have any problem committing on this, maybe its because I have a good budgeting and this is very important if you want to succeed in DCA.
153  Bitcoin / Bitcoin Discussion / Re: Approximately 384 Days until the next Bitcoin halving on: January 27, 2023, 12:45:51 PM
I don't want to watch the countdown because I get pressured to accumulate more because I know, halving is a big event for Bitcoin which only happens every fours years if I'm not mistaken. Better to focus now on accumulating, because we are about to rise again and this is not just a hype but its a fact and its the cycle of Bitcoin. You can do DCA, and buy little by little, what's important here is that you have Bitcoin holdings and you can make profit out of it.
154  Economy / Gambling discussion / Re: Is this safe to say this about casino platforms on: January 26, 2023, 11:20:08 PM
Casino is a serious business that requires a lot of funds and yes they may pay the winner with the loser's money but the casino need a huge bankroll to provide some confidence to their user and this will also make the casino to be fair with their game.
According to research, casinos that don't have bankroll always try all means to scam their users through games and they are always not fair with their game.
Not sure if the casinos are disclosing this but I hope they are doing it because it can lessen the worry of the gambler and of course it can gain more trust and more players. The casinos that don’t have a big capital will surely relay on the losses of the gamblers and the more player to play, the more money for them. This might be the reason why many focuses more on their marketing as they need to attract more players to pay for the winnings of the others.
155  Other / Archival / Re: [ANN] [banned mixer] | Best Bitcoin Mixer | Low fees | Fully automated on: January 26, 2023, 10:05:59 PM
People are yet to know so many things about You!Mix.IO,with the way it's going,this mix will out perform so many in the market and be one of the best.The way the advert is spreading so fast will make people whom have not heard about it or people who haven't used it want to use it.If I am to use a mix,this probably will be the one I will use because it's just one of the best I have seen.
This is why they have to increase their marketing exposure but considering the technology that they have right now, most probably they can get a lot of people to try its platform for their mixing needs. I honestly, haven’t tried this yet as I’m still waiting for my funds but I’ll surely try this one and while waiting, learning how to navigate this platform should be your first move. Seeing some of the comments here, some are successfully mixed their crypto.
156  Economy / Economics / Re: How can we end the *VOLATILITY OF BITCOIN* on: January 26, 2023, 09:49:06 PM
Volatility will stay because not everyone will agree on the current price of Bitcoin, there will always be a buyer and seller and that makes Bitcoin more volatile.

Maybe, we can limit the trading hours for Bitcoin and follow the market hours of stocks which is not available during weekend, by this we can slowdown the volatility but I’m afraid that this is not possible to happen.
157  Local / Altcoins (Pilipinas) / Re: Web3 Resort in Siargao? Ang Siargao Villa NFTs ay nagkakahalang ng P151,500? on: January 25, 2023, 11:02:41 PM
Maganda ito if they can really maximize its utility, and Siargao is growing as well when it comes to tourism.
Medyo mataas ang pre-sale price mukang makakaattract ito ng mga foreign investors which I think is a good NFT for us.
Need lang alamin syempre kung worth it ba ito, pagaralan maigi at wag magpapadala sa mga hype. Kung may extra lang ako, I will surely grad this opportunity and have some NFT as well, let's support this local NFT and sana mas maging maganda yung marketing strategy nila.
158  Bitcoin / Bitcoin Discussion / Re: I started instilling a bitcoin saving system on: January 25, 2023, 01:16:13 PM
You are actually not saving, you are doing an investment which there's always a risk for it and no guarantee of profit in the future.
As you are willing to take such risk, you should be more financially capable to address some of your financial problem without withdrawing that investment.
The idea of DCA is great if you are not active in the market in terms of trading, just make sure to diversify because even Bitcoin goes dump as well so there's no safe investment here.
159  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: January 25, 2023, 12:59:34 PM
Phoenix suddenly stops playing good defense in the 4th quarter, they allow TNT to have open shots and that changes the complexion of the game because when TNT is leading comfortably, they usually win the game. Castro's minutes are well-managed, and also great because Oftana was very consistent outside, he made all 4 attempts in the 3 point area.
Too bad for Phoenix as they have a good run in the first half up to the third quarter, TNT won but you can see that Phoenix did their job very well.
That's a high scoring game same with Nlex vs Blackwater, looks like both teams are so hot going into this conference. TNT as usual, they are more composed and its good to see that early this conference, if they can be more consistent TNT have a good chance here as they have a good import as well.
160  Bitcoin / Bitcoin Discussion / Re: Main reason government won't fully accept bitcoin on: January 24, 2023, 11:01:35 PM
If bitcoin is something the government can manipulate to steal public fund they would accept it even before now without any delay.
Transparency is their main issue, they can't hand such technology because they are too corrupt but of course we should also acknowledge the work of other country and applaud them by fully accepting Bitcoin as a legal tender and make this more legal, that's the proof that other government really concern with their people as they allow them to choose and give freedom. Bitcoin will be better, other government should start learning more about this so they can know if this can be a big help to many or just a burden.
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