Latest posts of: emmanmalaman

Here in the Philippines, only around 3% of the population know the stock market compared to the 10-15% in neighboring countries like Indonesia, and Malaysia. As far as crypto is concerned, we have some groups in Facebook about trading and mining but if we average them, they only have around 25-30k members per group. Put them together, they're still less than 100k compared to the 100m population so here in the Philippines, crypto still has a long way to go.

I prefer buying alts with the use of Ethereum because the gas fees are way way lower compared to the transaction fees of Bitcoin. Still, I think Bitcoin's transaction is now faster and cheaper all thanks to the Lightning Network. I'm using Coins to send to exchanges and ICOs. I now prefer sending Ethereum instead of Bitcoin but depending on the exchange, sometimes I still use Bitcoin as a base when the exchange that has the alt I'm buying only accepts Bitcoin.

Maybe Bill Gates is not anymore concerned of getting richer. You already have $50 billion in your bank account, what more can you ask for? I read that Bill Gates is now turning into a Philanthropist because he wants to help more people around the world. For me, going digital is the only way because without further technological advancements, technologies will become stagnant and may make a downfall. People who'll be more interested in cryptocurrencies in general would be the ages 20 - 40 because they're the young ones. Bill Gates already had his time with Microsoft. It's about time to make others prosper in the tech world.

Ethereum may be a threat to Bitcoin in terms of usage of decentralized applications with its smart contracts and tokens but Bitcoin will always stay because it's the first cryptocurrency with around 30-40% dominance in Coin Market Cap. Ethereum is just used by traders, ICOs, and used as gas fees but Bitcoin is just in its infancy in terms of being a payment system. Ethereum will soon become the norm for decentralized applications because other platforms such as Stellar, Neo, Waves, and the likes are just getting a few applications under their name.

Since the market is still not stable, one should learn how to do day trade or swing trade. Trends can go up in days or weeks and a dump or correction can transpire in a matter of minutes or hours, negating the previous long trend. So it's still better to set an entry or exit point, sell on resistance areas, buy on support areas, and learn the basics of technical analysis. Although crypto is not really following technical analysis because of whales, FUDs, and the likes, at least you have your own insurance and you're the one to blame from your decisions and not other people.

If you have the dough, you can buy Bitcoin and other crypto in general and just hodl until you get the price increase that you want. Mining is not for everyone because first, you need to have the funds to put up a mining rig.

Here in the Philippines, whatever you put up let's say a $4,000 mining rig with a dozen GTX 1050, it will take around 6 - 8 months ROI before you start earning after paying the capital for the mining rig. Of course it may be sooner in other countries because our electricity rate is the most expensive in Asia here at around $0.16 per kwh.

Here in the Philippines, some shops are already accepting Bitcoin, Litecoin, and Ethereum. I hope crypto will get mass adoption here in our country because we believe the decentralization, security, and efficiency of Bitcoin compared to Bitcoin and other types of currencies. I just wonder how to solve the ever-changing fluctuations of the prices of crypto. Grin

I'm going to support Ethereum into the future because it's the first platform that allows decentralized applications to be developed and built on top of a coin. It will not fade in a snap of Thanos because as long as there is Bitcoin, Ethereum will be second and maybe in the future, Ethereum may even surpass Bitcoin because Bitcoin is just a plain currency while Ethereum is already getting mass adoption due to the rampant launching of ERC-20 based tokens through ICOs.

Since we're now entering a bullish market, you can start in ICOs. If you can't wait for ICOs, start investing in recently added coins and tokens in the Coin Market Cap website because for the past 3 months, recently added coins or tokens enter the market in a lower price compared to the ICO then would just hit the ICO price in day's or week's time.

I'm loving the lightning network. In December 2017 to January 2018, the transaction fee was from $10 - $60 and the transaction can take up to 3 - 6 hours. Nowadays, the transaction fee is just around $0.5 - $10 and the transaction would just be below 1 hour, just like Ethereum and Litecoin.

There are some bounties that pay and some are super delayed like when they're going to do another round of ICO because they just garnered a measly $1.5M during their 2-4 months ICO. I know the bounty hunters are doing their part but maybe the project's marketing to blame there. Just like in any business, some work and some don't so I'm not putting all my effort in a single bounty.

I read somewhere that Ethereum may hit $15,000 by December 2018 so if we're to follow his prediction, Ethereum may hit that mark around July to October if the market cap permits the trillion dollar industry for crypto. Grin

Just like what I learned with any kind of business, don't put all your eggs in one basket. The crypto space is a very volatile market, one time you're mooning, one time you're going to hell.

#Proof of Authentication Post

Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1767289
Bitcointalk Username: emmanmalaman

Facebook URL : https://www.facebook.com/emmanmalaman
Facebook Username : emmanmalaman

Twitter URL : https://www.twitter.com/emmanmalaman
Twitter Username : @emmanmalaman

Telegram Username : @imemman

Crypto will not end. It's just the beginning.

You know what's going to end? FIAT! It's about time to take back the power to our hands and not just some central government and banks with our own money.

I'm currently learning about Acorn which gives crowdfunding in the blockchain just about any legal project anywhere in the world.

If you're pertaining to create a town or city, crowdfunding is a great idea. If you're pertaining to create a town or city that everything runs on blockchain, I think it's feasible but it needs all decentralized applications in place such as medicine, education, health services, electricity, database, and so much more. It's like converging all industries but I know there are already platforms that can interconnect other platforms such as ArcBlock.

By the way, your idea is great. Grin

I am supporting all kinds of projects promoting a greener future and Energzine is one of them so I'm full support of this project. Kudos to the team behind Energzine!

For me, I think Bitcoin is not overhyped. Why?

Because I read in an article showing some graph on the advent of Internet in the early 90s that their growth resemble the growth of Bitcoin since 2010.

To make the long story short, Bitcoin and all other cryptocurrencies have a long way to go before they get mainstream adoption