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Good to know my country already prepared for the changes for the future. I don't see many stores accepting BTC actually, its not very visible when you are outside even in Makati City where the Bitcoin ATM is located. Adoption seem too far in out country but they are approving a lot of these?
I don't see reason to have several exchanges except if its going to be used for laundering, corrupt individuals in the country are always up to find holes to make business.
Did you guys know we have Anti-Money Laundering Council in the Philippines but there ain't no one that we've heard being caught despite the thousands of drug lords here?
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I guess the inflation is going to be one of the reason is that they only they want is profit from the sales and the fiat accepted by all. If I were them I would start accepting after all, BTC is just too huge to fail. It somehow starts to sound like a household name. If they are going to do this I guess they will have to conduct consensus to their sellers whether to accept or not. Probably seen it already that those sellers prefer the stable fiat.
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If they were supported by the big exchange like binance, it should be good and perhaps marketing ain't so much needed. There are IEO in some exchange like LAtoken and Coinbene but the team were still doing bounty just to make sure its promoted before the trading starts. Marketing ain't bad, its about making it known to the public and the more people learn about the project the more will be interested.
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Whatever their reason, 9 months of ICO is not what a normal project would do. Smart man knew they were scam from the start but just look the other way. Bounty hunters promoted the project for a long time but end up not getting pain in the end. I know the feeling because I myself have been a scam to which I thought the team was very much capable. Only to discover they also left.
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Entertainment/Gambling isn't listed there. Among the first that had implemented blockchain are the casino sites, its alway been visible to everyone in the forum that gambling are the ones taking advantage of the technology after the finance. I also see Waste Management but I don't see projects related to it.
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Be careful when buying properties in the Philippines, there unscrupulous brokers who sells a property that has been sold already to someone else and they do it multiple times particularly to those houses that isn't ready yet for occupation. They had been doing this since properties in the Philippines aren't put to escrow unlike in US where mortgage payment are being escrowed.
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EOS, this coin had become a prima donna. even I have participated in an EOS-based campaign, so I have to have an EOS Wallet. but now it seems that EOS is not in good shape. even if it must be said to be dead I don't dare to guess that now.
Price still looks good. Its not like tis worth just a $1. In the 2018, most of the altcoin prices including the EOS dumps, not a single coin escape from it. EOS has a strong team though and for few years, more developers were attracted to create their dapps on it. Most of them didn't even ask for funds. EOS will be great, $15+ by the end of the year. |
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Libra would be the first crypto that has a definite use case and will be known world wide, the downside is government will always try to control everything they can, a centralized and regulated crypto.
They said is because crypto isn't fully regulated yet and that I think facebook can understand. Facebook wanna fuck the financial system? The government will fuck facebook over and over but this will also lead them establish a clear regulation about crypto. This could be a reason to fud and so finally there is something to play to make prices swinging. Libra coin weren't yet created but the panic starts. |
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I guess people are still watching but they are not actively posting, if they have a signature campaign, that would help them to be active again.
The same thing will happen with the entire forum, if no signature campaign (bounty and btc paying), this will not be as popular as it is now.
Meron naman hindi interesado kahit sa buong bitcointalk forum. Pinoy na pinoy ang mga username na naging newbie up to now ang mga ito for the last 2 years pero sumasali sa mga bounty campaigns. Hindi rin naman nila kailangan ng merits pakialam nila dyan sa merits dahil nakakasali naman sila sa youtube/article bounty. |
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Kelangan lang yan ng campaign na tinatanggap ang local posts. Lahat naman dito sa Pilipinas board marunong mag- inglis kaya nandun sila sa mas masiglang threads lalo pa sa gambling kung san ang incentives ay nakuconsolidate nila. Ang nakikita kung isang posebling dahilan kung bakit kakaunti ang mga kababayan natin na nagpupunta sa ating local board ay ayaw nilang malantad na isa silang pilipino dahil na din sa bad reputation ng mga pilipino dati. At isa pa mga kapwa pilipino nag sisiraan dito. Masakit pero yan ang totoo.
Humahanash ka  Kapag nakapost ka isangh beses dito sa forum talagang Pinoy ka na. Kapag di ka nakabalik sa local board, its probably because nakasali sa campaign na localnpost ay di tanggap o talagang naibenta na ang account. |
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So facebook Libra's rumor has help made the BTC price go up to $9k, cool so now blogs seem to make it look like Libra the most valuable asset when its a stablecoin. Lee had been speculating the price since time, I don't remember him telling the right price but I gotta respect the enthusiasm, he looks at the market positively like bullrun is always just around the corner.
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Part of the Amazon revolution is the shrinking of the earth, which means people can buy products internationally at lower prices and send them in a short time.
As is well known, Amazon only supports payments through FIAT currencies and traditional banks, this can slow down the payment process and means that merchants are charged. But using Bitcoin will erase, both of these problems.
In addition, the use of Bitcoin will also allow Bitcoin investors to access the giant platform wherever they are.
Problems that hinder the adoption of Bitcoin
The problem here is because of the lack of regulation around Bitcoin, not because Amazon is afraid of Bitcoin or because they are afraid of a lack of regulation, but this seems to be an Amazon case that is too big to adopt a product that can eventually fail.
Well, firstly, Amazon is not always as international as it may seem. I had multiple times when I wanted to buy something from Amazon, but the shipping was limited to the US area or something. Moreover, their shipments can be very costly, and it adds a solid sum above the thing you buy (especially if you want to buy something not very expensive, like a book. As for why Amazon doesn't adopt Bitcoin - I think Amazon is supporting the traditional financial system and vice versa, you know. Accepting Bitcoin is accepting decentralization, supporting financial freedom and dealing with volatility. Plus, it's probably getting into conflicts with banks and other fiat-related institutions, because Bitcoin is the enemy for them. Yep, I doesn't ship in my country. I have to go to alibaba to buy something that can actually reach my doorstep yet even them doesn't alway allow it. The first time I go into AMAZON they were only selling online book but they have grown so much and I can already find computer accessories, they always extend to new ideas which is why its surprising, facebook lead the way to make crypto more popular. When regularization of crypto will be done, I guess we can expect Amazon to also create their own coin. |
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If they are giving some Libra coins for free to any facebook user I'd gladly accept them all. I hope they integrate the coin into facebook like out accounts are also gong to be the wallet and we could spend it on facebook too.
If its a game changer, will it kill BTC? I don't think so. This is facebook we are talking, we all know how these big companies ripp us off, they will eventually find ways to get our data, I believe its facebook's ultimate objective here.
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You can just buy right away and hold just like a holder, best thing a newbie can do as an investor. Nothing special about it but since the price if always going up specially at this time that the bears are almost gone, holding is enough to get some profit. Some will advise you to wait till you see the price dips before buying, if you could do that its even better. Whether you send it to a wallet you personally own with its keys, it all your way.
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It goes together. If blockchain survives, so does the cryptocurrencies. The market has already gone this huge and it took years of development already, almost mature but nothing stops this market anymore. Facebook has jumped into the bandwagon too, I don't think any government shall ever stop it now, adoption is coming.
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After the success of BTC2 in CREX, they have to add another fork like this BCZ to once again make a buzz on their exchange. I find an abuse in this part. People were amazed to find out how BTC2 went up all of a sudden up to $20 each after being listed but this BCZ attempt is almost just as what they did this time. CREX must be involve in pumping coins with names started with BitcoinXXX. Shady exchange because when you get there the buy orders are orchestrated to make the price rise.
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Updates added on the first post. Please take time to read. Exciting news for the IEO on exchanges namely Coinbene and Latoken.
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Sa totoo lang hindi naman natin alam ang tunay na dahilan o rason kung bakit tumataas ang bitcoin. Pero isa ang halving siguro kung bakit tumataas ang value nito dahil nalalapit na talaga ang halving. Pero kahit ano man ang dahilan ang importante ay hindi bumababa ang bitcoin.
Alam naman natin na ang bitcoin ay isang speculative investment kung saan ang mga bibili ay umaasang tataas ito pagdating ng panahon. Ang mga pagtanggap ng mga institusyon ang isa sa nagiging dahilan ng pagtaas ni Bitcoin dahil dumarami ang demand sa pamamagitan ng pagpasok ng mas maraming merchant na gagamit ng Bitcoin. Syempre hindi rin mawawala ang pagmanipula o pagimpluwensiya ng mga malalaking tao sa larangan ng cryptocurrency para sa kanilang personal na ganansiya. Walang makakapagsabi ng tiyak na dahilan ng pagtaas ng bitcoin kahit sinomang expert yan.
Kung gagamitin natin ay ang tinatawag na TA, posibleng hindi nga natin masasabi ng wasto kung si bitcoin ay tataas o baba dahil ayun sa history ni Bitcoin, marami na siyang mga TA analyst na ipinahiya dahil unpredictable talaga ang galaw nya. Pero kung titingnan natin ang fundamental nya, kapag may mga bagong adoption at pagtanggap mula sa malalaking institution, nagdudulot ito ng tinatawag na malaking demand at kasabay nito ang pagdagsa ng mga bagong investors na nagiging dahilan ng pag-angat ng presyo ni Bitcoin. Isa iton natural na pangyayari sa kahit anong industriya sa merkado. Bukod dito ang presyo ay naaapektuhan din ng mga susunod sa supply. Kaya naman maraming mga tao ang naniniwala na tataas si Bitcoin pagnagkaroon ng pababawas ng reward sa susunod na taon. Intrinsic Value naman ito. Kumbaga pinapalagay lang ng mga nagbebenta sa presyong gusto nila. Kung ang BTC ngayon ay nagkakahalagang $9,080 sa market ay pwede kung ipagpalagay na mas malaki ang halaga nito kaya kung maglalagay ako ng sell order ay gagawin kong $9,200. Mas mataas pero itoy pinapalagay ko lang din. Intrinsic value, ganun din naman yung ibang nagbebenta baka mas malaki pa ang benta nila. Ang mahala ga naman sa bitcoin ay hindi yung presyo kundi yung gaano ito kabilis maggawa ng transaction at convenient gamitin at kaya rin ito pinaghahalagahan ng mga tumatangkilik. Pero dahil rin sa Halving kumukonti yung nakukuha bng mga minero. Kaya naabsorb ng demand at tumataas ung presyo. |
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Probably the reason. I wouldn't want to see someone pushing more conspiracy theory about it like more bankers opposing BTC are from US and were pulling the price down thru selling it on Binance but I guess traders from elsewhere are now buying more BTC, most probably from Asia.
Binance no longer services customers from US is just not a big hurdle as its just one exchange. There are hundred more exchanges out there that they can exploit. I guess right now the volume from US will be shared.
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