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161  Economy / Economics / Re: Cryptocurrency lending business. on: February 20, 2019, 02:19:44 PM
Cryptocurrency loans emerged as an increasingly viable alternative to borrowing loans. What do you think about the cryptocurrency lending business?

https://news.bitcoin.com/genesis-capital-processed-1-1b-of-cryptocurrency-loans-in-2018/

It is a great business now that we are having a great timing right now considering how the market is rising.

But it will be a bit of a problem since scams are rampant. Even ICOs are failing.
162  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Refereum — Influencer marketing on the blockchain on: February 17, 2019, 12:49:57 PM
7 FEB 2019

RFR team self increased circulating supply to 3,278,310,357 RFR from 2,500,000,000 RFR , which is approximately 500 BTC, and due to all the times they working on this project, i think Binance listing is coming.


anyways it is shady to increase circulating supply without mentioning it on blog !



Interesting, I don't see any mention of it either.

I also interested to know this token is going to list on Binance that would be big news if this is true. But if they will announce it by himself before listing than it has no chance to take place there.

I thought they burned supplies after ICO now they added more?

Seems a fishy and suspicious move from Refereum.
163  Economy / Economics / Re: JPM Coin, the JP Morgan coin on: February 16, 2019, 08:21:27 PM
https://www.coindesk.com/jpmorgan-moving-its-in-house-crypto-to-real-world-trials-report

"Called JPM Coin, the token has been developed by engineers at the bank, according to a report from CNBC on Thursday, and is moving to real world trials in “a few months”

For the effort, JPM Coin will be used to settle a small portion of its transactions between clients of its wholesale payments business in real time, CNBC says. The bank moves over $6 trillion daily as part of that business, it adds.

Speaking to the news source, Umar Farooq, JPMorgan’s blockchain lead, posited three main use cases for the bank token, including replacing wire transfers for international payments by large corporate clients and cutting settlement times from days to just moments.

It could also be used to provide instant settlement for securities issuances, as well as to replace U.S. dollars at held internatinally by subsidiaries of major corporations using JPMorgan’s treasury services."

So another centralized kind of cryptocurrency? So they need something like another Ripple right now? Wouldn't the instant settlement be a big problem since its a cryptocurrency and its value will change over time?

We all know many kinds of people getting into the hype and regretting it afterward.
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔴🚀♦️ [ANN] DiamCoin - Stable Coin Backed By 100% Real Diamonds ♦️♦️♦️ on: February 15, 2019, 06:49:15 AM
So I heard DiamCoin is an Asset-Backed Crypto. But where are you guys getting the diamonds you are selling?

We all know how everyone is attracted to this kind of industries right now because of its rarity.
165  Alternate cryptocurrencies / Tokens (Altcoins) / Re: LH Crypto - FOREX in Crypto for EveryOne on: February 15, 2019, 02:59:21 AM
Do you have a listing plan? When is the listing on other exchanges?

I guess there is none at the moment. My bounty coins from 2018 are still within my wallet's premises and it isn't worth that much right now.

They might as well be doing something better for their investors than listing in some exchange.
166  Local / Pamilihan / Re: Bawal ang Cryptocurrency sa Security Bank on: February 13, 2019, 11:02:10 PM
Gusto ko lang mag comment about this Sir, hindi po totoong pinag babawal ng Central Bank ang anumang activities about cryptocurrency, yung interviewer lang po siguro ang medyo ignorante about dun, sa katunayan, UnionBank, Security Bank, BDO ay nakikipag coordinate na po sa mga iba't ibang blockchain entities dito sa bansa natin, maging ang Central Bank din po ay nakikipag ugnayan na din patungkol sa mga cryptocurrencies.
Siguro pinopoint out lang ng central bank na mag ingat sa cryptocurrency and bitcoin scam but not totally banning on it. Baka masyado lang ni literal ng interviewer ung mandate ng central bank. Anyway cguro ngayon pwede na kasi more and more banking are become open about crypto currency.

Yes, I think masyado lang cautious yang mga banks. Hindi naman sila totally pinagbabawalan. Masyado lang sila maingat kasi baka may mabreak silang law ng AMLC. But why ngayon pa.

Mas takot pa sa funding ng terorista e, marami namang magnanakaw rito sa atin. Anyway, yun lang naman fault nila. Maingat sila. Smiley Pero kung clearly not for crypto ung paggagamitan, sana di na iinsist pa yung ganoong usapan.
167  Bitcoin / Bitcoin Discussion / Re: Is it possible to restart the blockchain? on: February 13, 2019, 12:09:10 PM
I was thinking about the ways to make the blockchain smaller, and the most obvious and simplest solution that I came up with consists in restarting the blockchain one day. For example, we can start with an empty blockchain every year with only initial balances written on it and without any transactions. I think that would make the whole network more reliable, while full nodes easier to maintain

Of course, the previous blockchains should be available at all times as well, whoever may need them. We may have to tie them up into one whole using links or whatever so that we could always trace all transactions back to the genesis block. Note that we don't necessarily have to restart with an empty blockchain as we can, for example, save the last 2-3 years of transactions once the blockchain is restarted

Is this a good idea?

With the current technologies we have in this field, I can say this is not impossible. But it will clearly defeat one of the pros of using it, which is Transparency. But I guess it wouldn't much make sense if they can delete it and retrieve it afterward, after all, that is one way of describing what a ledger is. It starts with a new balance, definitely bigger that the previous ones.
168  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BXUNTY] 🔥 OFFICIAL INTEGRITY BOUNTY CAMPAIGN - ROUND 2!! 🔥 on: February 13, 2019, 12:07:53 PM
#INTEGRITYProofOfParticipation
Bitcointalk Username: shinharu10282016
Campaigns Joined: Signature Campaign
169  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] INTRODUCING 3DAX - Dynamic Decentralized Digital Asset Exchange!!! on: February 10, 2019, 03:59:38 PM
Another DEX kind of Token hm. What do people get from holding your tokens? Reasonably any kind of fees to be a part? How do you plan to start with all these DEX competitors all around you?

How can people be sure you aren't another con artist? These are just questions I just wanna ask since I am a DEX user myself.
170  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop comparing ETH with BTC!!!!!!!! on: February 10, 2019, 12:52:02 PM
What's wrong with the comparison? Both of them have each other's pros and cons. We all are a part of civilization.

A civilization needs progress. So don't be mad about this. We may never know how important each of them yet.
171  Economy / Economics / Re: The cycle is unique but structured on: February 09, 2019, 11:48:49 PM
In contrast to other investment commodities whose price movements are mostly affected only by market activities, bitcoin has a unique but structured cycle, at the beginning of each year there is a very drastic price decline but recovering even skyrocketing at the end of the year, as illustrated in the following article.

https://u.today/bitcoin-price-prediction-for-2019-will-btc-price-get-back-to-20000



Just another price prediction we won't be seeing for this year I guess. People just hope there will be another bull run and not another bull sh*t in the making for this year.

Well everyone can hope for the $5000 at least.
172  Economy / Speculation / Re: new bullish run on: February 09, 2019, 02:43:28 PM
Well according to some people I know who are somehow knowledgeable in reading the daily candles, we'll be seeing a hike on $4k + USD

and a dump of up to $1800. I believe these people because even if they miss one wrong prediction all others are good. GL with that. Just a hunch of what's coming for crypto this year.
173  Alternate cryptocurrencies / Altcoin Discussion / Re: WBTC ERC-20 token backed by BTC on: February 06, 2019, 06:30:16 AM
WBTC is an ERC-20 token that is pegged to Bitcoin:

https://medium.com/renproject/wrapped-bitcoin-wbtc-a-bitcoin-token-community-project-started-by-bitgo-kyber-and-republic-599c9abc8139
https://www.businesswire.com/news/home/20190130005011/en/WBTC-Live-Ethereum

It's pegged by the public wallet that is used as a reference to any mints that happen on the token.

My question, BitcoinTalk, is whether you think there can be benefit to adding yet another token backed by Bitcoin in the same manner but with hard KYC/AML rules on entry (buyin) and exit (payout) of the token?

My gut says yes, I have my reasons of course, but I am curious to know your take.



There is a bad thing. It has KYC. Idex will start implementing WBTC if i remember correctly, and all I can say is that some people don't like KYC.

That is one hell of a problem. But  if it doesn't affect you, it will be a good thing to have another Bitcoin backed ERC20.
174  Economy / Speculation / Re: BITCOIN IN 2019 on: February 04, 2019, 03:54:04 PM
I observed lately, bitcoin continues to decline and it is difficult to rise to the top, do you think this bearish trend will continue until Q2 2019? If the situation gets worse (the price drops), do you still want to stand up and hold it until the end of 2019? It seems that I have to take a vacation, so I don't get too bored.

It will even happen until 2020 or whenever it feels like going bearish.

The community decides where bitcoin will go and if we don't see anything new for this quarter, we might as well not expect anything this whole year.
175  Local / Pamilihan / Re: scam on: February 02, 2019, 06:25:21 AM
hindi na talaga mawawala yung mga scamer na yan nag kalat yan sila sa fb. telegram or kung saan saan para manluko. at kadalasan nabibiktima nyan ay yung nag papasilaw sa mga dobleng kita or balik kuno...

Basta may kakagat sa modus nila, papatok yan. Parang yung mga ponzi na hanggang ngayon e hindi mamatay matay dahil sa daming may gusto ng EZ money.

Masarap sana mangarap na may ganoon talaga kaso hindi. Kahit kailan man walang ganun, maliban kung anak mayaman ka.
176  Economy / Economics / Re: Why is Inflation a Bad Thing? on: February 02, 2019, 05:57:24 AM
Inflation is a bad thing. It not only affects the flow of economies but also the way of life of every people in each country.

JUst look at how severe the economy of Venezuela right now, I think Zimbabwe felt the same kind of inflation Venezuela had, if not worse.
177  Bitcoin / Bitcoin Discussion / Re: John Mcafee on: January 31, 2019, 11:33:31 PM
He actually is just another kind of Suppoman, an old man that is. If you believe in everything he says, you will either be poor or rich by now. Most of which, you will be poor.

 Maybe just call him another 'hype train' to ride on. Any other than that, volatility is still a thing in the crypto market, and uncertainty will always be an opponent for us, for which he will never be an exception.
178  Local / Pilipinas / Re: Ten Years... on: January 27, 2019, 10:06:38 PM
I am hoping for a bull run this year, nothing is impossible mate.
I think this market has already matured after a big correction last year, there are great news like you said, I hope people will react the right way
so we will be back again like 2017. Adoption will continue, I believe on that and because it's gonna be the big business that will let them in.

Won't happen this year 'daw' but probably in 2020. Predictions are in. Sa current adoption rates ng blockchain, di na ko magtataka kung tataas sa 2017  ung maging price

Pero anything can happen here. Walang makapagsabi.
179  Bitcoin / Bitcoin Discussion / Re: BITCOIN: This Bubble is Different on: January 27, 2019, 09:31:54 PM
Bitcoin's bubble has come and gone and we all witness it. The time for its coming back is what we are expecting within the first quarter of the year 2019, then bitcoin will have a breather rally for all to see.


in fact, the condition of bitcoin is currently going up and down and this happens not only this year, but the previous year has also happened. so I think the bitcoin up and down is certainly reasonable.

It is in the trend and is considered normal as far as every pro out there is concerned. My friend's advice? Don't falter, we haven't seen the bottom yet. Once we have seen it, it will go back up again.

It really is. We just have to wait.
180  Economy / Economics / Re: LESSONS FROM CRYPTO MARKET on: January 27, 2019, 12:23:33 AM
After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:

+ Fear
+ Greed


I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.

So, we need to set up your expected profit point as well as the stoploss point.

How about you, what is your lesson?

Never ever join the hype train ride. Its a crime in most countries. It will also bring you trauma.

Learn how to trade for yourself, and do not be greedy. It can kill all your investments, not just the only ones on the crypto market.
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