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181  Economy / Trading Discussion / Re: BTC effect on altcoins on: May 21, 2018, 02:00:16 AM
I noticed that most times when btc is rallying almost all of the altcoins dip. and when there is a crash in btc all altcoins suffer as well. my interpretation is that for the first alts can't sustain the price against the $ if btc is high. and for the second, everyone is panic selling btc.
what do yo guys think ??

Yes I have also notice that thing to happen when I first stared thing cryptocurrency thing. It started ehen the price of the bitcoins goes to the moon with almost 20k price and in that time all the altcoin too are increasing especially the ethereum they are rising too and when the bitcoins fall the etgereum also fall and so as the different altcoins those successful ones. They are somewhat related I think or it just all coincident because other people panic sell all of them.
182  Economy / Economics / Re: what is the future of virtual currency like bitcoin ? on: May 20, 2018, 11:20:17 AM
As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of  virtual currency or bitcoins.

For me the future of the bitcoins is really bright becquse I can see them being the currency to be used as a mode of payment in the future by almost all the stores establishments and everything. They can be also the start of the extinction of the paper money because in the future fuat will no linger been used as a currency people will adapt into this thing and their life will be much more convenient that ever.
183  Economy / Economics / Re: Will bitcoin be banned on Philippines? on: May 19, 2018, 01:27:29 PM
Over 900 Million  pesos worth of bitcoins been scammed.

Filipino couple amasses at least P900M in alleged Bitcoin scam.
MANILA, Philippines (UPDATED) – Police have nabbed a couple promising easy wealth through popular cryptocurrency Bitcoin, Philippine National Police (PNP) chief Director General Ronald dela Rosa announced on Tuesday, April 10.
Arnel and Leonady Ordonio were nabbed by PNP Criminal Investigation and Detection Group (CIDG) operatives – the police division in charge of high-stakes and high-profile crimes – in Vigan City last April 4 through an entrapment operation.

The scam, Obusan said, is structured like a pyramid scheme but with electronic money.

The Ordonios apparently had middlemen who lured people to invest. They promised to pay victims with their earnings every 15 days.

Fueled by the worldwide Bitcoin hype, more and more people were baited by the Ordonio couple's promises.

The complaints started piling in when investors lost contact with the Ordonios.
Whats happened  next?
Around 50 angry victims stormed to Camp Crame on Tuesday, asking the couple if they could still get back the money they had hoped would grow.

Will bitcoin be banned because of that?

No they are not gonna be banmed im the Philippines because they have been some classifications about it that those scammers are not in the bitcoin side because there is not people behind bitcoins because the creators of ut cannot even determine who thry really are. And thpse are just investment scams that uses the name of bitcoins but now there.are some trusted bitcoin platform that is going to be used in the Philippines to avoid some scams.
184  Bitcoin / Bitcoin Discussion / Re: Reputation of Bitcoin in the Philippines. on: May 19, 2018, 07:35:35 AM
It will play a huge impact on the growth of bitcoin in the Philippines. For those old players of bitcoin they will not believe it and will just laugh at the news since the news is delivered in a way that makes bitcoin like an investment scam itself. But for those who have no idea how bitcoin works they will no longer accept bitcoin anymore since they will think that it is a scam investment before you can explain it to them.

They have been widely changed through the years because i think it was last tear that the bsp have a conflict about the issue of bitcoins because they are saying that bitcoins is not a reliable source of putting our money into because thet have no one source means no one to blame when we lise money. But now they are been slowly being understand by the people in and put of the government and they are being accepted by the society but still not all.of them.because of some investment scam tbat uses its name.
185  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Already lost 50% of my capital on: May 18, 2018, 04:10:12 PM
Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  Sad. Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

Yeah that kinda sucks because losing a 50% of it is really a big thing. Price of the bitcoins and all the other cryptocurrency today are really increasing the price because of some unknown reason for.me. and just do not always lose hope I have been scammed for a lot of times mostly in the bounty campaigs. I know that the price wipp rise back up again so dont you ever sell the bitcoins ald all the hpldings yet you have because if you do the 50% will be lost forever
186  Economy / Economics / Re: Is your bitcoin earnings enough for you to start a business? on: May 18, 2018, 02:36:36 PM
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?

That is true it is tiring to be an employee and we all wanted to be the boss of our own company but it is kinda hard to make that happen especially if we didn't know what business it will be and on how to run a business. But me I have insufficient funds in me because I am just starting here as a bounty hunter the profits of that is not accurate taht is why those savings I have is still not enough for building and starting a business I need more and I need to asure that this business will be successful
187  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Choose a Good ICO on: May 18, 2018, 01:53:49 PM
Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one.

Which elements I need to consider, the team? the product? the promoting technology? or something else?

Thanks for any suggestions Smiley

I dont know if this iss a valid reasons on how I am getting and joining in a successful icos. First thing firstof course I always look at who is the manager of a campaign if that is gonna be a successful but if not then no I will not join in them because there are some managers that are really trusted by everyone because  they are long enough to.prive themselves that they are not scammers. And also the member of the telegram and the many the participants is the lesser it will become suspicious
188  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: May 18, 2018, 01:20:18 PM
Bitcoin prices plunged from $4900 to $3300 withing pan of few days. Now some news-points from bitcoin world are claiming this price plunge was planned. Check following links:

https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

Now without going into whether above claims are true or not, my concern is "Isn't this is the right time to enter the bitcoin market or purchase few more". There is definite signs of improvement in the bitcoin price market. Current price is around $3757. It is quite possible to see bitcoin back to 4k to 5k or more. Given biggest players from finance sector are eying this lucrative market.
What do you think, is this is right time to buy some more bitcoins or wait and watch?


Today the value of the bitcoins are falling again they are red in the market and stable at almost $8,000 but still cannot go up to $10,000 but I still put thr trust of them and I still considred that as a great opening because the price are decreasing and we all know whats next to that thing of course increasing. You will not regret of holding that for a long run because your holdings might be worth double of it compared when you buy it.
189  Bitcoin / Bitcoin Discussion / Re: Homeless use Bitcoin on: May 18, 2018, 08:30:26 AM
Guys what do you think about Homeless people who use cryptocurrency on the street is that an evolution or something else ?




I think so because there is no exemption in this thing not other than the internet connection itself and a smart phone. If you have that two no matter what you are or what is your social status you can access it because even homeless right know are having that devices it becomes really affordable these days. So they can access and make money of it but atill not all of them because internet connection is not free. There will apways be a boundary but in the future they will be changed
190  Economy / Economics / Re: How do you see the bitcoin economy 10 years from now? on: May 16, 2018, 01:57:58 PM
Bitcoin is growing fast and everyday a lot of people takes interest in this. I too started the other day and I am very willing to invest my time here. With that said, with the drastic growth of bitcoin worldwide, how do you see the bitcoin economy 10 years from now? Thank you as always.

They have been existing for almost 10 years and another ten years I think is not a problem for them anymore because a lot of people love them and I am sire that in the next couple of years the stores the retailers that are accepting bitcoins as a payment will be much many and scattered all around the world that will.make the bitcoins much more useable in daily life no need to cash out at all because they are already accepting it. Right now there are some stores accepting but not taht much and their price maybe expensive
191  Bitcoin / Bitcoin Discussion / Re: Bitcoin Mining , Is it worth it? on: May 16, 2018, 01:16:33 PM
Hello guys, I have a friend who told me about BITCOIN MINING.

What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.

Electricity here in PH is so expensive. Do you have some tips and tricks?

Thanks in advance guys !  Wink

Bitcoins is worth it if you have the guts to buy them because knowing that you are in the Philippines of course the electricity here are very expensive and we all know mining really consumes a lot of that. So if you just have one mining rig that may be a problem because that cannot give you that much money that is just a stable amount to pay everything. But still if you really wanted it you can find some solutions but I am gonna say it is worth it in a longer run not in an instant
192  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH worth buying now or wait? on: May 16, 2018, 12:34:02 PM
I have been waiting to buy ETH for last 6 months. Is it good time to buy ETH or shall I wait more?

Ethereum is always been a worth buying one because they are a great investment I remember having an ethereum before then when the bitcoins rises on that month the ethereum also rises that gives me both profits which is a great thing. I am saying that ethereum price is much likely to be related to the bitcoins so that meakes them worth it. The price are not that high today and still great if you are planning to buy some.
193  Economy / Trading Discussion / Re: The reason people do not want to invest in crypto on: May 16, 2018, 09:29:20 AM
for me there are three reasons why they do not want to invest in crypto
1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses

I agree into this they are afraid to lose because there are some fake news that are saying that this is just a scam that is their mindset. Because I asked some people why they do not wanted to invest all of their answers are they are afraid because they do not know this fully and this is a new technology for them which is not that trusted. They said that they are not used to this kind of stuff. They much more contented into something the is used to be rather than trying new.
194  Economy / Economics / Re: Invest in BTC vs Invest in Real Estate? on: May 15, 2018, 02:51:04 PM
Bitcoin chart is going up and down some times I am thinking maybe I should invest part of my BTC (at least the part of the profit  I’ve made on crypto) into something real?!
Let’s say I can buy share of real estate company and get the part of profit (50-100% per Year).
  
Should I
                Spend all my BTC on that shares?
                Spend small (profit) part?
                Or just do nothing and wait?

Huh?!

I’ll do appreciate for answers with any suggestions and recommendations!


As of my age today and my financial status of course I will go to bitcoins rather than real estate because in real estate there are a lot of requirements and a lot of process. I am a teen ager and bitcoins is nuch convenient to me. I can access bitcoins everywhere I go and when I needed the money right aways I can cash it our but in real estate i cannot do that it is much easier to have a bitcoin investment and the price is very volatile that makes me profit a lot in short period of time
195  Bitcoin / Bitcoin Discussion / Re: There is no doubt that bitcioin will be replaced by another cryptocurrency on: May 15, 2018, 01:56:50 PM
I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies.  What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.


Maybe they will but that will be in the future because in this time bitcoins is still the number one for most of the people. They are on top and still on top through the years because the people is already put their trust on bitcoins no matter what happen they will aleays believe that bitcoin can surpass it. But nothing last forever so I'm pretty sure that in the future if there are some new technology them bitcoins will be replace if they will not be updated
196  Bitcoin / Bitcoin Discussion / Re: Learning Cryptocurrency in Universities? on: May 14, 2018, 02:58:55 PM
Do you think that cryptocurrency should be taught in schools or University? Specially in the field of business management?

As a student, I believe it will give us an advantage to this so called cryptoworld, right?

I think that those are necessary in college especially if you are taling some technology related course of financial and business related one because you really need to be aware of what are those things especially they are getting much popular. And maybe there might be a student that can create their own just like that. But it us not necessarily to teach it as a subject but as a part of a subject like there is a portion in those subject that you will teach cryptocurrency because we need to be knowledgeable to thst.
197  Alternate cryptocurrencies / Altcoin Discussion / Re: Still believe in ICO ? on: May 14, 2018, 02:12:12 PM
The number of successful ICO's are decreasing dramatically.  Just wanna know about successful ICO's in the fourth quarter of 2017 and if anybody still believes in  ICO's.

I atill believe in icos because they are the first thing that gives me profits in the business because way back then I do not have money to invest or even to trade so I just join in a signature ico campaigns as a bounty hunter then I gain profit in that but today it seems like they are being made to fool people there are a lot of icos out there that are just a scam that takes the money of the people which is why there are some people loosing hope in some icos. But me I am still believe and I hope that scammers will be banned in the future
198  Economy / Trading Discussion / Re: How Much Should You Invest in Bitcoin? on: May 13, 2018, 05:08:47 PM
I often get asked privately if Bitcoin is worth an investment. My answer is a whopping yes….invest your time.
The price fluctuation of Bitcoin is certainly fascinating, but how cryptocurrencies (and blockchain, more on that soon) will affect you, your job, your business, and humans collectively is far more lucrative.
The financial (and in turn, geopolitical) institutions are about to go through what the media (music, books, TV, newspapers, cinema) industry went through since the rise of social media during the past decade.
Your investment in time learning about blockchain uses will far outweigh the investing of your $ € ¥ £ etc..



It doesn't matter how much you invest in cryptocurrency because if they are gonna fall they are gpnna fall but if they are gonna rise then they will. The only difference is when you have a lot of bitcoins then a lot will be lessen or add in those price. Just invest those amount that you can maybe youbare investing top much that cones to the piint that you do not have money at all just to invest in these. Always remember that this is a long term investment
199  Economy / Economics / Re: Digital Money = Cashless Society on: May 13, 2018, 11:15:13 AM
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Bitcoin is a part of digital money. How is digital money is your country ??

I am waiting for that thing to happen and I am one of the person who will fully support that system change and I am sure that the society will be much more convenient with that thing happening and the raw materials.will be much be saved than ever there are a lot more things to make with that materials rather than to use to make some cash. And time having a global transactions will be very convenient if that happen because with a single tap you can send money all around the world in an instant
200  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is King.. why is it?! on: May 13, 2018, 09:47:13 AM
Bitcoin was the first cryptocurrency using the blockchain. It s the "grandparent" of all crypto, altcoin included.

Yes they are the pioneer, the one that started all of this things because if no bitcoins cryptocurrency will not be a big deal at all in this world . They are been the start of the future and more digitally society and they are the king because they are the most successful of them all no other cryptocurrency can beat them and I think no one can ever could because they have gain the trust and the loyalty of the people all around the globe.
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