I think it's impossible for us to know the future of bitcoin since we have to consider the blockchain if they will develop it to be prolonged. Bitcoin was very dependent on the technology, the future of bitcoin depends on its network.

What if there's a coin that has a similar network but fastest of them all?
What we will react or do on that kind of scenario?

What if we buy bitcoin today and the network crashed because of some technology hindrances?
There's a lot of question that is popping on my mind if bitcoin will still exist when we get older.

Necessary for business only right?

I mean there's a lot of people who hide their personalities because it's very dangerous for them if they hold a lot of money. How can you trust the platform? If this is a local platform then I gladly do KYC because it's a trusted platform that is designated and exclusive for our country if not then it's dangerous to risk your personal information.

Try to check the disadvantages of sending personal information in a platform even you have good intentions.
If someone doesn't like KYC, it doesn't mean they're doing something wrong, that's a fact we should remember.  

Sayang naman, are you expecting more kaya hindi mo agad binenta? Actually sobrang taas na kaya non so siguro kahit sinong tao magpapanic trade. Lahat naman ng tao dadaan talaga sa mistakes and through that mas magiging successful tayo.

So you've done a mistake siguro naman nakapag-trade ka ngayon ulit or are you expecting na umabot pa ng 1M bago mo ibenta? Sa tingin ko dapat may reserve ka for bull run sa Q4 ng 2019 at yung pang-trade ngayong umabot ng 600k kasi baka yun na yung peak niya this year.

Goodluck sayo.

Yes, actually Brazil's President is the mastermind of this heartbreaking situation. I mean siya yung dahilan kaya nagkaroon ng sunog at siguro dahil sa business na rin.

If you remember na nanalo yung mga taga-amazon sa lawsuit tungkol sa big oil, maybe payback nga ito ng president ng brazil then included na rin siguro dito ang bitpay na nag-block ng 100k$ donation para sa amazon. Imposible rin naman kasi na sa payment limit yung issue since gateway sila, I mean they should have the feature na makapag-transact ng malakihang pera kasi nga yun yung purpose nila.

Ang bitcoin payment gateways ay dedicated sa mga malaking transaction ng mga company so imposible nga yon.


Based sa pagkakaintindi ko, bitcoin talaga yung narereceive nila, choice nalang din ng merchants if gusto nilang matanggap ng USD. Pero since ang purpose nga ng gateways is to allow merchants accept bitcoin, it means bitcoin nga ang narereceive nila.

and based na rin sa issue ng steam kaya tinanggal nila ang pag-accept ng bitcoin;

Thanks, credits to Wykrhm Reddy!

They're on a different level, Team Liquid too because they managed to reach in the finals even they're on the lower bracket. Still, hands down to them because they're the kings of Lower Bracket who defeated all of the teams in lower even China's LGD.

OG has the easiest way to reach the finals so it means they're on the level of Gods.
I hope they changed the venue, Dota2 has a great community, they don't need sponsors for the event and we don't need bias crowd.

I'm expecting a game 5 but OG already finished the game!

It's a 16 million dollars diffusal!
Congratulations to those people who bet on OG, my team liquid lost the game.

The game was very phenomenal and I can't easily move on.


Still, the crowd wasn't that cool, I hope the next venue was the Philippines and we promise that the event will be more exciting.
The host or interviewer didn't talk about ana, well he was also the one who carries the team.

Start of Game 3.

Well, ana is very unstoppable on that game and they're very aggressive. Even me, can't handle those gameplays and it will literally choke me.

The liquid wasn't able to adjust because their gameplay is the same as the fight on LGD which is recent. If they are able to adjust their gameplay, they'll manage to win the TI9.

Bet on Team Liquid, you'll get a sure win.

It's kinda risky especially when you're a big company. You've got a point but you didn't think about the individual users who use gateways for their businesses. The platform might see it as an opportunity for them, even you have bad intentions, it's still risky for the individuals to send their private information.

If you're talking about business, big companies are trying to negotiate with gateways personally, so there's no problem with that and no confidential information will be given because contracts are existing while in the individual users, it's very unfair for them.

If you're asking about the future of Bitcoin and Ethereum, there's a lot of opportunity coming for them every time they keep existing.

So basically, we don't know the exact and specific details about their future but we knew that it will be a huge and good future especially for us who supports them.

If you're aware of the technology itself which is blockchain, you'll know that this advanced technology has a good future and It will help us to develop our society and especially our economic rate, I hope our government study about it.


It might happen, bitcoin and other leading coins will be replaced but it's way too far and has a low probability. So chill, we know that bitcoin will still reigns for a long time. Shitcoins can't replace the leading coins in the market.

It's already the end of game 2 of the finals and we're getting hyped!

I thought Team Liquid will have 2-0 already but OG wants to be champion also so they manage to get game 2. It's also the first time in TI of DOTA2 that it will have two times champion because Team Liquid was a TI7 champion while OG was the defending champion (TI8 champion) and now, TI9, we will have it.

It's good to watch TI now but there's no crowd, I hope the venue of The international goes to the Philippines so we can hype the event even there's no Filipino team in the finals.

I wanted to bet but there's no money left for me, I'll just support TL to become the TI9 champion. The miracle is in there.

There are other Bitcoin payment gateways that don't require KYC.
Like what @OmegaStarScream, BTCPay is the one that's leading due to OpenNode's downfall.

Bitpay was also a choice but there's also an issue regarding their platform.
You can read it in here; https://www.reddit.com/r/Bitcoin/comments/cu8wcv/amazon_watch_just_lost_a_100k_bitcoin_donation/

Since may dalawang existing issue na kumakalat ngayon sa ating bitcoin community which is;

• OpenNode requires KYC now.
• BitPay Blocks $100K Bitcoin Donation to Amazon Rainforest Fire Charity

Hindi na ako nagdalawang isip na gawing topic ito since wala pa naman nakakagawa ng discussion regarding bitcoin payment gateways.

First of all, any idea about the word gateways?
Kasi kung iisipin mo at gagawin mong literal yung word na gateway, it means doon ang daanan, doon ang pasukan, yan ang literal na definition natin pagdating sa salita na yan. Pero ano nga ba ang definition ng gateway pagdating sa technology?

GATEWAY sa ibang technology

So una, I'll give a little bit of information kung ano nga ba ang gateway sa ibang technology, Ang purpose ng gateway ay diyan napupunta lahat ng data na nagagather sa mga nodes niya from different parts of a city. Lahat ng nodes na may modules upang makaconnect sa gateway ay may kakayahang magsend ng any data na nakukuha nila sa environment.

If you're familiar with LoRaWAN or Long Range Wireless Area Network, imposibleng mawalan ng gateway sa mga ganyang network kasi pang malawakan so it means na through this system, doon mo papadaanin yung data mo para mapunta sa respective database.


Another example pa ng Gateway ay ang CLIQQ App ng 7-11 store. It allows user to pay through their platform para makabili tayo ng items sa lazada and especiall sa atin na para makapaglagay ng pera sa coins.ph.




GATEWAY sa Bitcoin

It's similar rin naman sa gateway ng iba since ang mga gateway sa bitcoin ay nag-aact as payment platform para don mo nalang ipapadala ang mga pera mo regarding about business. Kumbaga para ma-enable yung mga iba't ibang merchants sa pagaaccept ng bitcoin.

Halimbawa nalang dito ay ang steam dati, who accepts Bitcoin so paano mo masesend directly to steam para makabili ka ng mga laro?
Through bitpay which is one of the Bitcoin Payment Gateways, makakapagbayad ka ng games through this method. So basically, ganito ang block diagram ng isang transaction sa Bitcoin Payment Channel. I made this para mas klaro at mas maintidihan niyo kung ano nga ba ang purpose ng bitcoin payment channel.



Purpose ng Bitcoin Payment Gateways

So ang pinaka purpose ng Bitcoin payment channel based don sa mga sinabi ko kanina is ina-allow niya ang mga merchant upang makatanggap ng bitcoin. Since uso na ang mga online store at through that makakabili ka ng mga gamit or digital items kaya naisip nila gumawa ng mga gateways.

• Mas maraming gagamit ng platform mo kasi nag-accept ka ng Bitcoin
• Mas dadami ang users lalo na sa mga gumagamit talaga ng cryptocurrency.
• Hindi mo na kailangang gumamit ng credit cards.
• Mas secure yung payment mo kasi nga blockchain at transparent pa.
• Mas mababa ang transaction fee compare sa mga nagamit ng credit cards.
• Mas makikilala ang community at ang bitcoin mismo.

Bakit kailangan ng Bitcoin Payment Gateways

Ang bitcoin payment gateways ay kailangan talaga siya pagdating sa business lalo na't for everyday use. Kung ikaw ay may negosyo na big time at yung target customers mo ay mga gumagamit ng cryptocurrency syempre as a intellectual owner of a company, ia-allow mo ang paggamit ng Bitcoin Payment Gateways upang magkakaroon ng way ang customers to stick in your platform.

No complex explanations, ganon lang kasimple.

Gamitin natin ulit ang steam, since nag-boom ang cryptocurrency dati, pwede tayong gumamit ng gateways upang makapagbayad tayo sa kanila at makabili ng laro. Kaya sila tumanggap ng bitcoin as a payment kasi may nakita silang opportunity don, if you know business hindi mo na kailangang magtaka kung bakit may mga platform na natanggap ng bitcoin kahit hindi naman stable ang market minsan.


Iba't ibang kilalang Bitcoin Payment Gateways

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This news is very fresh and I know there's a lot of users of OpenNode;

OpenNode was known as bitcoin payment gateway through blockchain or lightning network
But lately, they are requiring KYC now to their users for them to withdraw their money. We all know that most of us disagree by putting KYC on every platform we're in.


So there's a lot of users of opennode who bypassed the platform to withdraw their money. Just by filling the Welcome Back Screen, you can now access the platform and withdraw all of your money in there.

It's temporary only and if you knew that you're one of those users of opennode, withdraw it now.

Exactly!

I hope na sa explanation ni @darklus123 ay mas maintindihan mo yung gusto mong malaman regarding sa ginawa ko. There are kind of modifications kahit sa offline games at ikaw lang ang nakakakit since hindi ito connected sa network.

So basically, ang ginawa ko is still a blockchain pero not connected in the network. This is applicable on my PC only at ako lang ang nag-gegenerate nito. If you want to create a blockchain network, you can easily create one since open source naman lahat ng codings ngayon, kung gusto mo rin na may access yung ibang tao sa pag-browse ng blockchain mo.

It's because some of the coins that have been created by the other devs are not quite good. I mean, Bitcoin has the original technology which is blockchain and it's being copied by several developers. So if there's an issue regarding about the decentralization, who will be your first target? definitely the founder. Altcoins aren't good enough and sometimes you can call them shitcoins.

Those people aren't scared because they imitated the blockchain and it's not against the law since it's technology, you can be innovative on some existing technology. While satoshi, who made a huge difference between a digital currency and fiat will be targeted by the government if there's happening in the economic stability of their country.

Like what I've said, it's just a basic one where we can analyze how does the blockchain works. Yes, you need a connection if you wanted to input the network kaso wala naman akong ginamit na connection so there's no network.

I'm not a programmer also, so I made a simple one and source ko ang github if tatanungin mo naman yung codes. The reason why I made this is na-curious lang din ako kung paano at bakit nga ba tinawag na blockchain?
Kasi kung sa tutuusin halos lahat ng advanced technology ay may network, lahat ng makabago ay may netowrk, mapa-IoT man yan, LoRawan, there's a network, kaya understood na yon. Ang point ko lang din dito is para malaman what's inside and how does it simulate hashes.

So for short, there's no network, I hope you understand.

Yes, why would they store their money on a different coin and platform if it doesn't have the same market situation? Those altcoins today was kinda worthless, some of it doesn't have unique purpose for existence. Most of the altcoins today aren't interesting and it's not very promising like the ETH and the other top altcoins.

Regarding about LN, as of now it's the layer 2 solution for bitcoin scalability problem and should have more features for the development of transactions on the network.

It should be more sci-fi and action. People today really loves to watch Science fiction and I think Bitcoin will really fit on this movie genre. A movie where the protagonist finding the lost Bitcoin and he should crack the codes to find the clues of satoshi to discover the huge amount of Bitcoin.

If you're thinking about the future of bitcoin, you'll come up to this kind of storyline. 
I also wanted to expose bitcoin and the technology itself which is blockchain so people can familiarize what it's purpose on the present.

Here in my country, the Philippines already adapted the usage of bitcoin on every transaction. We have a local wallet which is called coins.ph that allows us to use Bitcoin as a payment from different transactions like bills or online stores.

To answer your question, yes it is getting more available than the past years. As a student, I already foresee the future of bitcoin, it's now powerful, what more it can do when the whole world, work with its technology?

I find bitcoin to be a very effective tool to change the perspective of each individual in digital money.

At first, I thought SEGWIT was a layer 2 solution like the Lightning Network that's a solution for bitcoin scalability problem but I was wrong. It's was made by one of the right hand of Satoshi Nakamoto which is Gavin Andresen.

They knew at first that the bitcoin users will grow and by that, transactions will also grow too. So they develop something to increased the block size 1MB, that thing called SegWit. Hoping to have more update/upgrade on the main protocol of the Bitcoin since the society is getting to adapt the usage of bitcoin.