If someone asked you to explain to them what Bitcoin is and why its not a scam, expect a lot of question and rebuttal because if they are open minded about ideology of Bitcoin, they will understand that Bitcoin is not a scam, the one using Bitcoin is the one who can scam people. Its like a guns, guns don't kill, its the one who uses the gun, so why ban use of gun? Same with Bitcoin. Same with ICOs.

I only see efficiency as a good side for having a robot to a humans job and maybe labor cost but in terms of quality, nothing beats the work of the human hand, precision is the advantage of having worked by human. Human intervention should always be present. If you want a quality work, both human and robot is a good combination.

Here's what Vitalik Buterin has to say about Bitconnect, when he was tagged to comment about bitconnect and it was funny that he said he is not familiar about it and only heard about it twice according to his twitter post but here's a screen shot of his comment about Bitconnect.



When I was invited to join Bitconect through a referral link that right away turned me off because I immediately thought that they are earning from inviting people to buy the coin and pass the strategy to others. Their growth is not organic. I don't think they even have a white paper to begin with.

Traders have different approach in every situation, they may call themselves a daytrader but in cases like whats happening today when Bitcoin is on top of everyone, some would stay at the safe side by converting their alts to BTC and wait till fork is clear. In my case I converted 60% to BTC while the remaining 40% stays in alts.

Take your time to look at the history of price of Bitcoin. You can see for your self that when Bitcoin suffered a drop of price, it will recover, it may not be as fast like the Altcoins, eventually it recovers. There are too many instances the made Bitcoin price to go down like the Mt Gox issue is just one of them but again Bitcoin was able to regain its throne like today. So should you invest now? You should have done that as soon as heard about Bitcoin but its not too late.

Bring it on, every time there is a hard fork price of Bitcoin goes up and if this is indeed scheduled December then to those who speculated that Bitcoin will reach $10,000 by end of this year then you may have won the bet. Altcoins are the one heavily suffering from this hard fork and this help Bitcoin gain its strength. I wonder if they are doing this in purpose to pump the price of Bitcoin and slay the Altcoins.

I am not an expert in trading but I can share to you my thoughts on whats happening now with altcoins and its pretty simple. If you jave alts now, you can go ahead and continue to hold, this blood bath is just temporary and this is because of segwit. If you plan to sell, its up to you, but if I am in your shoes, I would rather wait until segwit is over, alts will recover.

Why would there be a crash? What I am expecting is a pull back or a market correction but not necessary a crash. If Bitcoin price drops yo $5,500 I don't think that its considered a crash and besides you guys should get used to pull backs after a bull run, this is not the first time we have seen BTC price reached ATH and beats ATH again in 24 hours. If Bitcoin price dropped to $5,000 its just an indication to buy more and prepare for another bull run.

I would go for manual trading than using bots to buy and sell. I cant trust a bot for my money. I know that its designed to follow my instruction when to buy and when to sell but with the current situation of altcoins where red blood is everyone I would rather trade manually and I can sleep tightly and wake up in the morning I still have my coins in my wallet. But, I am also considering getting this Gunbot because of the nice reviews.

Its expected already that when Bitcoin price is going up, altcoin price will drop. Altcoin holders wants to cash in and take advantage of the price of Bitcoin. This is temporary, it may look like its been on going but if you look at your calendar you'll see fork after fork after fork and because of fork, Bitcoin price is up, and altcoin price is down. Take advantage of this situation because altcoin price is down, but wait until fork is almost over as altcoin price might continue to drop till next week.

I don't think there's a trick that can beat the house or at least let you earn a lot of money in gambling. If you are into real world gambling and plays cards "maybe" there's a chance of winning if you know how to count cards but slots, dice, roulette, specially online, no tricks, its pure just luck. Even if you change the settings to higher chances of winning, there's still % that will make you lose.

I look at those Bitcoin forks as an opportunity and not as opposite of it. Whenever there's upcoming fork, Bitcoin price shoot up and altcoins suffer so much that there are times its price is slashed to half, but look at it as an opportunity to buy altcoins at discounted price. Buy if you are not going to participate on the hard fork or buy after the hard fork as altcoins price will start to recover after the fork.

May nakita ako sa isang Facebook group ng Bitcoin Philippines nag bebenta sya ng Ledger Nano S at Trezor P6,500 each



Maganda ang coins.ph pang cash out pero huwag mag store ng Bitcoin sa coins.ph ng marami at matagal, alalahanin po ninyo hindi nyo hawak ang private keys nyan kaya pag na hack ang site nila, pati coins nyo yari. 

I think there are 3 factors now that drives Bitcoin to hit all time high. One reason that I see is the CME groups announcement that they will add Bitcoin futures and with this announcement it may make other investment groups or company to rethink about their stand with Bitcoin.

Second factor is the recent news that Amazon bought domains related to cryptocurrency, while I havent seen a confirmation from amazon, but this news is good for Bitcoin because with the coming holidays and amazon being the biggest online seller in the world, this will drive Bitcoin to new heights.

Third and last factor is the November 16 fork and it looks like this is not the last of it but every time there is an upcoming fork,there a sudden surge of price of Bitcoin.

So you know already that you've been fooled by the owners of the TBC or The Billion Coin so why are you offering TBC as a collateral? Are you trying to dump your TBC and pass the burden of disposing that trash? Instead of disposing that worthless coin why don't you go back to who ever offered you to buy and invest in TBC and help you out.

I tried to download the app via android so Paycentos app is not available yet in the Philippines. I find it odd when I see in your white paper, one of your plan is to merge with a Bank here in the Philippines and I also checked the profiles of your management, I see a few Filipinos there. Any idea when this will be available to the Philippines?

When this thread started, price of Bitcoin is $5,522 USD, today as I post this $6,370.10 USD (coinbase) see how much money OP cound have earned by now if he did buy Bitcoins last October 18. Op could have gained 15% from his capital, and it's less than 1 month compared to the interest that traditional banks are offering at a per Annum rate.

If you have Gold or invested in Gold too, just hold it, no matter what happens Gold will remain a good investment that is accepted by everyone. If you have spare money, go ahead and buy some more or maybe if you are receiving weekly salary, try to allocate an amount to invest in Bitcoin and Gold. Gold is for long hold.

I've receive those kind of offers in my Facebook account, email, Twitter DM. I tried to let them feel that I am convinced with their scheme but they somehow detected that I am just playing along and maybe they are not really a Nigerian, they are just saying that they are Nigerian to put Nigerians in a bad light. I'm not going to be surprised to see them (Nigerians and pretending to be Nigerians) in the lending section.

Criteria is very simple, no collateral, no loan. You need to offer a collateral that has good value and can easily be liquidated in case you run away and dont payback you lender. if you want to know what are the accepted collaterals in this forum, try to read this post What is considered collateral?. Now if you don't have any of those mentioned in the list, you have zero chances of getting your loan request funded.