India’s central bank, the Reserve Bank of India’s (RBI), has confirmed the creation of an inter-departmental group tasked with analyzing the feasibility of issuing a rupee-backed central bank digital currency (CBDC), the Economics Times  reports August 30.

The group’s establishment and focus was detailed in the bank’s Annual Report 2017-18, confirming earlier details that followed a meeting of India’s Monetary Policy Committee (MPC) in April.

The impetus for investigating the issuance of a fiat-tethered CBDC reportedly derives in largely from cost considerations: the Economic Times cites statistics that suggest the cost of printing paper notes in India was 6.3 billion rupees (about $89 million) for the financial year 2018. RBI’s report noted that:

Source: https://cointelegraph.com/news/reserve-bank-of-india-confirms-it-is-looking-into-making-a-central-bank-digital-currency

Anyone can do long term, even they are beginners or not, its all depends in their own if they want to invest for long term or not, But for my own opinion, its much better for beginners to invest in long term since they have not enough knowledge on it.

Yes, I'm sure majority of us still using myetherwallet since this the most trusted wallet so far, I didn't encounter any problems of this wallet, I wonder where did you get that information ?

May nai post dito si dabs tungkol sa new child board natin papz, only two lang daw ang makukuha , sa pagkakaalam ko ay market place section yun at help and bigginers, pero nung 2017 pa yun eh. Bakit walang pang bagong child board dito sa local thread natin.

JP Morgan CIO Lori Beer said at a press conference in Buenos Aires that blockchain will “replace existing technology” in a few years,  according to Argentinian website Cripto247 August 23.

“We will see a greater and wider use of blockchain [...] In a few years blockchain will replace the existing technology, today it only coexists with the current one,” Beer said.

Beer explained to Cripto247 that JP Morgan uses blockchain technology to “simplify the payment process and to store customers’ information related to KYC (Know Your Customer) policy.” She added that blockchain technology helps to prevent money laundering. Beer further explained the use of blockchain technology by the bank:

Source: https://cointelegraph.com/news/jp-morgan-cio-blockchain-will-replace-existing-technology

This is due to scam projects, they only want to make easy money, and after they collect a lot of money to the investors they abandoned it. And this is the reasons why too many investors now did not participate in any projects that related to crypto.

Of course people will learn especially if they commit mistakes from their past experienced, So that they have more vigilant if they have to take next step's, If you cannot fail you cannot learn !

I don't think if there's another coins that can replace bitcoin, Since this is the most popular and well known coin to the whole world, and this is the first Crypto coins.

CNBC's Analyst Brian Kelly Says Bitcoin ETF Approval Likely by February 2019

Crypto analyst Brian Kelly has predicted that approval of a Bitcoin (BTC) exchange-traded fund (ETF) will “likeliest” and “earliest” come in February 2019, in an interview on CNBC’s Fast Money August 23.

Kelly’s forecast comes hot upon the heels of the U.S. Securities and Exchange Commission’s (SEC) rejection of nine BTC derivatives-based ETF proposals from three applicants August 22.

An ETF is a type of mutual investment fund that divides ownership of a commodity, derivative,  index, or basket of assets, into shares. The fund tracks the value of the underlying asset(s) and is traded on exchanges, with shareholders entitled to any positive returns.

ETFs are marketable securities that require oversight by government authorities, and the current and prospective regulatory status of crypto-related ETFs remains unresolved and avidly discussed.

Kelly pointed out that while the SEC has recently chosen to delay its decision on a separate and high-profile BTC ETF application from investment firm VanEck and financial services co. SolidX until this September, the regulator in fact has the option to again defer its final decision on the proposal until February at the latest. Kelly suggested the agency would be likely to choose to do so, citing four further grounds.

First, Kelly responded to the concerns voiced by the SEC in all of its BTC-related ETF rejections to date, these being the agency’s qualms over inadequate resistance to “fraudulent and manipulative acts and practices” in an insufficiently sized BTC derivatives market and the largely unregulated underlying spot market. Kelly argued that:

Source: https://cointelegraph.com/news/cnbcs-analyst-brian-kelly-says-bitcoin-etf-approval-likely-by-february-2019

Marami siguro ang hindi papayag nyan since karamihan sa atin walang alam sa blockchain, kailangan pa ng mahabang panahon para ma gamit ang blockchain sa election dito sa atin.

Since there a lot of ICOs are failing now, I don't think this the best time to invest in any ICOs, the best thing you should do now is to wait the markets become stable.

Both are good for long term investment, but bitcoin its has a lot of advantage compare to gold, In bitcoin we cannot determine if how much profits we get in just a couple of time, it might we can get big profits or it lose.

A group of researchers claims to have have hacked the Bitfi wallet, the Next Web reported August 12.

Bitfi's executive chairman, cybersecurity pioneer John McAfee, has called it “the world’s first unhackable device.” To prove his claim, McAfee challenged security experts to breach the device for a $100,000 bounty starting July 24.

Bitfi is a physical device, or hardware wallet, which supports “an unlimited amount of cryptocurrencies,” and revolves around a user-generated secret phrase instead of a conventional 24-word mnemonic seed that has to be written down. Additionally, Bitfi is purported to be “completely open-source,” meaning that the user stays in control of their funds “even if the manufacturer of the wallet no longer exists.”

Though several attempts to hack the wallet have been made since then, none of them met the bounty’s terms and the wallet has ostensibly not been fully breached until today. The researchers claimed they could successfully send signed transactions with the wallet, claiming they met the conditions of the bounty program by modifying the device, connecting to the wallet’s server, and transmitting sensitive data with it. Security researcher Andrew Tierney said:

Source: https://cointelegraph.com/news/unhackable-wallet-reportedly-breached-hackers-claim-to-meet-bounty-conditions

In my own thoughts only Ethereum can surpass the value of bitcoin, because lot's of projects now used the ethereum blockchain and this will make ethereum more popular than other altcoins.

The CEO of cryptocurrency trading platform Binance Changpeng Zhao announced a demo of the platform’s decentralized exchange in a tweet today, Aug. 9.

In a six-minute video attached to the tweet, Zhao presented a “casual, early, pre-offer”  demo of the decentralized exchange. The CEO said not “to expect too much” for now, adding that it currently does not have a graphical user interface:

Zhao showed three essential features of the planned exchange, those being the creation, listing, and trading of tokens. As Zhao did not disclose the launch date, it remains to be seen when the exchange will be marketed and what volumes it will be able to handle.

Decentralized exchanges are lauded as more secure than their centralized counterparts, which are more vulnerable to hacks. Decentralized platforms are set up in a manner which allows users to retain ownership of their coins using private keys. This solution reportedly prevents cryptocurrencies from being accumulated in one centralized “honeypot,” or point of attack.


Source: https://cointelegraph.com/news/binance-releases-demo-of-decentralized-exchange

Bounty programs is very important for starting an ICO, Since this will help to spread the project to the whole world by posting in social media, writing a blog and making videos on youtube. Aside from that there are some bounty hunter's invested which he joined.

Magandang ideya sana ito Op, lalo't na sa siguridad ng mga mananalo sa lotto, but I think kailangan muna pag aralan ng mga mananalo sa lotto kung paano gagana ang bitcoin, tsaka pano nalang kaya f ma wala ang private key mo or ninakaw ng iba ? Ubos agad pera mo, kaya mas gusto ko parin na fiat nalang ang ipangbayad .

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The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the listing and trading of a Bitcoin exchange-traded fund (ETF) until September 30, according to an official document released by the SEC August 7.

ETFs are securities that track a basket of assets proportionately represented in the fund’s shares. They are seen by some as a potential step forward for the mass adoption of cryptocurrencies as a regulated and passive investment instrument.

The fund under consideration is powered by investment firm VanEck and financial services company SolidX, and is expected to list on the Chicago Board of Exchange (CBOE) BZX Equities Exchange. The SEC now has almost two more months to consider a proposed rule change by CBOE Global Markets Inc. that would allow the fund to list. 

Source: https://cointelegraph.com/news/us-sec-postpones-decision-regarding-bitcoin-exchange-traded-fund

Noon paman ay ginagamit na talaga ang bitcoin sa mga illigal na transaksyon sa darkweb/deepweb, Kaya di na bago ang balitang ito sa mga investors lalo't sa mga nakakaalam sa history ng bitcoin, Siguro mga bagohang investors lang ang nagpapanic sa balitang ito.

The best country to travel is Philippines, there are 7 thousands island in the Philippines, So you have many choices to go, like palawan the seven wonder of the world and also boracay the most pupular beach in the world.