I'm also from the Philippines and it's quite nice to hear that the Bitcoin payment is available not only here in our place but in the other part of the country too. As a Filipino, I am proud that we are being part of this revolutionary technology and that it is already being implemented as a way of payment. I am also using Bitcoin as a way to pay my bills and to cash out money without using any banks which is great because they won't know where I am getting my money at. Bitcoin will surely be the future.
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Tama ka kabayan. Karamihan sa mga tao ngayon ay hindi nila inaalam ang mga bagay bagay bago sila mag invest sa isang coin kaya minsan ay nalulugi sila. Maraming tao ang mga ganyan. Minsan, ang mga tao ngayon ay nag ininvest kahit hindi sila mentally prepared kaya ang kinalalabasan ay nagiging depress sila kapag nawala ang ipon nila. Buti nalang ay mayroon nitong gabay para sa mga taong baguhan pa lamang sa cryptocurrency. Ipagpatuloy mo ang iyong kabaitan kabayan at marami kang matutulungan.
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Yes you are right about newbies just selling their Bitcoins when the internet started to FUD again against Bitcoin, but I think what they did is just the right thing to do. Let's here, once the weak hands are gone and that newbies are not investing anymore because they are afraid, real investors who know Bitcoin will get to have a huge advantage. Also, if this newbies who have weak hands are shaken off the market, a stable price would be possible and plausible to rise higher.
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No way, $2,000 is too low for Bitcoin to be. Investors won't allow such price, or at least the community. Also, this World Cup doesn't have any relationship with Bitcoin right now. What's driving the price down is because of the scams that is happening and those big exchanges that are getting hacked which resulted into Bitcoin getting dumped again. Maybe $4,000 would the the ideal price to be because the signals for bearish run is still clear. Bullish would only happen maybe this late October to December, or probably another FOMO happens.
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That guy is quite funny and just taking the Bitcoin crash as a joke. His point is quite funny and plausible too. If the price of Bitcoin where to crash to the point where it will not be considered as an investment, it would mean that more and more people are going to join and treat it more like a way of transaction rather than a store of value. I just hope that the price of Bitcoin just become stable in the near future though so that more and more people will have the confidence to truly understand Bitcoin because of its stability.
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No man, hackers will always find a way to bypass someone's security. As long as there's a way to create something, there's also a way to destroy it. No matter how good the security, if hackers are professional, they will find a way even if they take a lot of time to do it. There were some cases that there were some inside job where a hacker is part of a team or a staff that handles things in an exchange which give him time and materials to hack an exchange easily. In conclusion, hacking won't stop no matter what.
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If you look at the current state of the market right now, you can see that almost all the coins are in the form dip situation. Most of the altcoins are down because Bitcoin has suffered some damage. The market is still unpredictable and could fall even further today so we just have to wait for another day or two. But in conclusion, in my opinion it is a great time to buy and stock some Bitcoin or altcoins in your portfolio while it is still down. But of course, it still depends on you sir.
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It's hard to answer a specific term when to invest because cryptocurrency market is volatile. But there are some things that you could do to plan your investments well.
Any particular tips on when to invest token when the prices are low?
-I think in my opinion, the best way for you to get the best price and the lowest is to invest when it is only starting because as the time passes by, more people are going to invest in it specially when the project is successful.
And how can one manage to hold the tokens even the prices are bleeding?
-Depends on your strategy. If you think that the project are into are going up again, then hold. If you are a trader, selling to cut losses is a great way, but I don't recommend it if you are new to this.
Is there a specific time where one can pinpoint the best way to accumulate tokens?
-Yes there is. ICOs are a great way to buy cheap tokens. Also, if the market is in a poor condition, that would be a great time to buy some tokens.
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Yes, there are many people who uses Ethereum for ICOs and trading but that doesn't mean that there are few who holds it. Ethereum is already seen as an investment to hold much like Bitcoin because its reputation and the way their market works. I know a lot of people who holds Ethereum and are hoping for the price to increase. The thing here is that, people trust Bitcoin more than Ethereum as an investment resulting into Ethereum becoming a second choice of investment.
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That was simply astonishing. A machine for Bitcoin itself is a proof that Bitcoin is getting there, being implemented and use by the people. It's kind of cool that the government is not restricting this kind of ATM and that they are legal now. Actually, we also have stores that sell Bitcoin legally now here in my country. It maybe not an ATM machine but it definitely is something.
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I think most newbies spams the forum under the signature of PRiV which is why I think they restrict most newbies. I hope they give chance to those willing and honest newbie like you bro ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Cryptocurrency will be here as long as it is providing what the people want. The services that a cryptocurrency provides to us is what makes its value and popular to the masses. For example Bitcoin. Bitcoin's transaction is unique compared to older ways. It is anonymous which is why it is popular. Then Ethereum, this coin gives way to other tokens and that it is like a source power to tokens and those tokens that is under Ethereum is giving services to the masses which makes it popular.
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I don't see any "expensive" position right now. To be honest, the price we are seeing right now are probably at its lowest already. I just hope that there's another bull run occur though, but I don't see much of an event happening this following months. There's no news or announcement and such but I might be wrong. i remember that for years Bitcoin was below $1 and fees hitting $55 per transactions resulted in myself losing all faith in the development team and any trust with the miners.
When did you get that $55 per transaction? I don't remember Bitcoin reaching that absurd number. Also, it's not the miner's fault that the Blockchain was clog because of the hype, it's not like they can finish all the transactions at once. There's a lot of people buying Bitcoin which resulted into many transactions and miners prioritize high payers in default. Also, $5-10 was acceptable during those times which is an exaggeration of what you've said.
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Good day sir. How do we know if we are accepted? When are you going to update the spreadsheet? When are we going to start the campaign? Thank you ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I was expecting something to happen in august like a little pump but I don't see anything unusual. I might have miss something like a news or an announcement that would create FOMO again just like last year. Don't have altcoins that you have though but I think Ethereum would do just as fine as those you have. Not really expecting much but I'm expecting a rise this November and December just like the history of cryptocurrency market told me. Let's hope for the best.
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