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161  Economy / Speculation / Re: Bitcoin bounce, the revenge of the vengeance. 5 digits again on: January 17, 2018, 04:58:55 PM
Markets should have calmed a bit since it is already early morning here in the East. Wait and see if Korean and Japanese markets stabilize.
162  Economy / Speculation / Re: Will the bitcoin price recover? on: January 17, 2018, 04:50:58 PM
Recent FUD from China and South Korea are driving the sell-off combined with the yearly slump of the markets (due to CNY) creating a perfect storm.
Markets will probably recover later on (Feb or Mar) and we will see which coins and projects survive.

Pretty sad for the late investors last December which got caught up in the deep correction but hey, that is how the market works. Don't invest what you cannot afford to lose.

BTC will recover, not sure on the timeline though. Could take half a year or a year.
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: January 17, 2018, 02:50:07 PM
Took awhile for regulators to take notice of this HYIP scams.
Invest only in legit projects that will be of value to the world.

No coming back now - founders should be rich now sucking dry late investors. Site to be taken down.
164  Other / Politics & Society / Re: Drug free in the Philippines on: January 16, 2018, 06:51:48 PM
The drug-free Philippines is just a daydream. The problem the govt imho should try to solve is the root cause of such a problem which is poverty.
It is the lazy bodies in the streets with no work that is usually the market for drugs. With nothing to do, they escape reality through drugs.
Put people to work and let them live a decent life. This is easier said than done. Govt is taking the easy path on taking it head on through police operations but in the end, it is still all about economics.
It is demand for drugs that should be eradicated through poverty reduction programs alongside strict enforcement of the law. Should not be all around killing but also in rehabilitating people.

Still, I applaud the govt for their gains and hopefully it can be transitioned to more meaningful gains around poverty reduction.
165  Other / Off-topic / Re: What are your best memories? on: January 16, 2018, 06:44:39 PM
Best memories I have is around traveling alone in a different country.
Taipei, Taiwan - Jan. 2017

Made me realize things about me.
1. I'm curious about places and people.
2. I like being alone most of the time.
3. Love eating with no regards.
4. I can only blame myself for misadventures. Smiley
5. I like having this done in order or scheduled.
166  Alternate cryptocurrencies / Altcoin Discussion / Re: Can myetherwallet get hacked? on: January 16, 2018, 05:33:28 PM
Best practice is to use the json file when logging in and not your private key - if your pc has malware, your key can be hacked easily.

Best standard is to use a hardware wallet. Mine I use ledger nano s - very easy to use.
167  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tron at 5 cent. Is it a deep enough price to buy or a scam? on: January 16, 2018, 04:13:46 PM
Tron is a long term project. Should be a good time to dollar cost average for the meantime.
168  Economy / Trading Discussion / Re: Is it time to buy some BTC? on: January 16, 2018, 03:57:01 PM
Probably a good time to buy, not really that much lost value. Alts are the ones bleeding right now. Take your picks and watch the recovery in the next two weeks.
169  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who knows why every crypto is falling? on: January 16, 2018, 03:54:40 PM
With the breakneck speed of increase last December, people can be cashing out in their returns.
The dip will prompt whales to manipulate the dip to their favor and buy from the weak hands.

It has always been a cycle - correction then moon to correction then moon again. Lesson is: never be the bag holder. Buy in the dip.
170  Economy / Economics / Re: Do you think that bitcoin can reduce corruption? on: January 16, 2018, 03:51:44 PM
Not necessarily bitcoin, as of now bitcoin is not a reliable p2p transaction channel due to atrocious fees.
It will be quite hard to also trace the movement of money in the crypto space. There are several privacy coins that can make it impossible to trace txns.

I think using blockchain tech innovatively can help reduce corruption by lessening red tape and making some processes automatic and with no human intervention (like sending funds to those that need it and are poor).
171  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do I need to sell all alts? on: January 16, 2018, 03:47:30 PM
Sell it all and never come back. Weak hands never win with altcoins. It is a game of patience and HODL is the keyword.
172  Local / India / Re: India may ban Bitcoin on: January 16, 2018, 03:46:19 PM
India seems to be pushing to tax BTC to have more control over it in their country.
Still, with many people still unbanked, BTC is a great way to exchange value in the impoverished areas of the world.
173  Economy / Speculation / Re: Market crash ? on: January 16, 2018, 03:44:31 PM
Crashes are opportunities to increase portfolio value in the long run. Lots of great projects sold at bargain prices.
174  Alternate cryptocurrencies / Altcoin Discussion / Re: NEO VS ETH on: January 16, 2018, 03:40:19 PM
With unwelcoming news from China - ban of BTC exchangers. Should put a dent in the adoption of NEO as the next platform.
Still, the more choices the more innovation. Let the best platform win. Ethereum currently at top but let us see in the next 5 years.
175  Bitcoin / Bitcoin Discussion / Re: China will ban BTC exhangers for good on: January 16, 2018, 03:34:53 PM
Chinese govt always wanted to have control on important things, should be a prelude to an announcement of a national cryptocurrency in the future.
176  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can ETH reach BTC value ? on: January 10, 2018, 08:36:03 PM
Not seeing that in the near future as Ethereum is different in use case than Bitcoin.

Bitcoin is for peer to peer payments while Ethereum is being used to run DApps in the network.
177  Alternate cryptocurrencies / Altcoin Discussion / Re: If you had $50, what would you invest in? on: January 10, 2018, 08:31:34 PM
In my experience and the way, the market is going. The easiest way to get x5 - x10 returns in a 3-4 months time period is to invest in an ICO (proper research and diligence should be practiced).
Once an ICO token is listed on a major exchange, expectation is you will surely make some money vs hodling in eth and btc. I have not yet lost any money from ICOs. I pick just 2-3 and hold them for 3-4 months.
I then exchange them for ETH or BTC once I hit a target value.

Another way is to trade it for a promising altcoin.
178  Economy / Economics / Re: How would Bitcoin react to a global financial crisis? on: January 09, 2018, 09:20:43 PM
When there is a downturn in the traditional markets, money flows into bonds or gold as safe haven. Bitcoin is currently like gold which is a storage of value. I can only surmise that any crisis will surely trigger large amount of buys.
179  Economy / Trading Discussion / Re: Etherdelta Wallet Deposit Problem on: January 09, 2018, 08:39:43 PM
I think your problem is stemming from not changing the gas price which was defaulted at "4" gwei.
In the upper right - Select Account dropdown - you should have changed it to 32 gwei or above.

Current gas prices can be checked in the ethgasstation site.
180  Local / Pilipinas / Re: Banko Sentral ng Pilipinas is Recognizing the BTC and Cryptocurrencies. on: January 09, 2018, 05:48:30 PM
Kaakibat ng pagrecognize ay ang potential na pagtax sa gains sa trading ng btc. Medyo masakit sigurado sa take home na kita pag nagkataon.
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