They should've stopped halfway if they didn't get any upon using supercomputers. There's a chance that they really used it for mining but may be slower and the process must've been catastrophic for there's a huge difference between mining using supercomputers and mining using mining machine and GPU's. ALso, the news wasn't elaborated enough if those who are arrested have mined some bitcoins or not and if they've successfully done mining with the supercomputers. |
|
|
|
Ito po ay sa aking pananaw lamang at sa tingin ko naman ay naaayon at may kaugnayan. Ilang oras o minute makatapos ang viral message ng CHINA! and i quote: Chinese President Xi Jinping said Thursday that the time has come for the country to harness the true potential of blockchain technology. Xi made that remark yesterday during his speech at a Politburo meeting of the Communist Party of China’s (CCP’s) Central Committee. The President also noted that China should focus on helping accelerate the […] https://cryptopanic.com/news/6957042/China-Must-Lead-Blockchain-Development-Says-President-Xi-Jinpingsumabay na rin dito ung pag taas ng presyo ni Bitcoin at makikita nyu ngayon ito sa coinmarketcap 1 Bitcoin Bitcoin $150,886,109,096 $8,376.72 $22,182,843,638 nagbalik na ang naglalakihang investors? dahil meron na silang signal from CHINA government? ano sa tingin nyu mga kabayan? Natural na nagtataas baba ang presyo ng bitcoin sa hindi inaasahan at unpredictable na paraan. Ang pagbaba at taas nito ay buhat ng kilos ng mga crypto users, investors, miners, traders at iba pang mga crypto enthusiast sa loob ng crypto space. Ang pag-deklara ng China sa kanilang pagkilala sa blockchain technology ay walang kinalaman sa pagtaas ng presyo ng bitcoin dahil walang sinabi ang China na kanilang sinusuportahan ang Bitcoin kasabay ng blockchain. BLockchain lamang ang kinilala ng Tsina dahil sa ganda ng teknolohiya at serbisyong maibibigay na maaring makatulong sa ekonomiya ng tsina, pero walang nabanggit na pagsuporta o pagtanggap sa bitcoin. Basahing mabuti at intindihin ang mga nababasa. |
|
|
|
I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
What they think about bitcoin doesn't matter, what matters is how would I react to them and to what I'm hearing from them. It was said that dogs bark to those they don't know, so it will be natural if a non-crypto people would say ill descriptions and perceptions about bitcoin because what they know is only the surface of what bitcoin is all about. and will only listen to what they wanna hear and talk about whatbthey thought they know. I won't get myself into some nonsense argument especially if I know that the person's capability of accepting new and different perspectives isn't as high as the information they are about to absorb. |
|
|
|
my mind always asks, if one day bitcoin gets legal regulation, and is recognized all over the world. will fiat currencies continue to work? which country will be saved by the economy? and which countries are negatively affected? Or not effect in country. because in my opinion. when the legality of bitcoin is recognized throughout the world. There will be no currency difference. all values are the same. or will become commodity items such as gold etc. Give me your opinion
If bitcoin will achieve global legality, then this will ne a good start for bitcoin tofinally achieve what it was lacking, which is the adaption of it. Because the only thing that hinders bitcoin to achieve supremacy is the oppression being done by some governments and countries. Bitcoin will be recognized if this really happened and will somehow affect fiat because people will surely patronize decentralization. |
|
|
|
We are all aware that the bitcoin is the last hope when the other altcoins including Ethereum are struggling to survive and even bitcoin has not had any massive pump as it's fighting hard to stay on $8,000 despite numerous fluctuations but will it help bitcoin if we just move our funds to bitcoin which we have invested into altcoin as it will increase the demand of bitcoin if everyone can do that as this will literally do what the whales have been doing to increase the price when they want by creating the demand.
It will surely help bitcoin to avoid suffering and struggling with the same problem of being completely vanished inside the crypto space for the more users, the more the market cap will do good and the adaption will be massive as bitcoin aims it to be. The user's behavior affects largely the market, they could either bring it down or pull it up so this will be a good idea, the morethe users the higher the pump could be and will make it hard to see the fall of bitcoin. |
|
|
|
You know this question is unavoidable...
DID I MAKE A MISTAKE INVESTING IN BITCOIN?
A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
The recent market setbacks have brewed a very big question in the minds of new investors...
What will be your response to this question?
Nope, I don't think so. What you could have done wrong is, investing crypto without learning and studying about how the market moves and what could there be as a struggle upon investing. Give it a time and also take time for you to learn what you can do to avoid loss. Don't be someone who are to afraid that little setbacks could maje you think this way already. Just stick to the market and take time studying what you could do so when a setback hits you, you wont be lost. |
|
|
|
I am doing market research for a potential project.
If there was a website you could go to daily where you would earn anywhere from 1 cent - 10 cents worth of bitcoin just for clicking a button, would you do it?
No strings attached, no deposit required. You go to the website, push a button and 5 cents is deposited into your wallet. Would you go every day and do it, or is it not worth your time?
[/quote
Of course! Why not?!As long as it doesn't have any hidden aganda and malicious software packed with it, I'm good. People are looking for bounty projects where they could earn and profit. Also as long as the payment is guaranteed people will surely do it for.they can't find 5 cents staring at a wall. You'll just be needing to earn their trust and convince them to use your app because people are being too cautious. |
|
|
|
Mga kabayan maitanong ko lang may mga legit bitcoin trading sites ba na Filipino owned and manage? Kung meron ano ano yun at may advantage ba yun sa ibang bitcoin trading sites na hindi Filipino owned and manage.? Ginawa ko itong thread na ito upang makatulong sa mga miyembro na gustong mag umpisa sa trading. Na baka pwedeng tangkilikin ang sariling atin. Upang tayo ay makatulong sa kapwa naten Pilipino.
Pinaka madalas ko na nakakasalamuha ay ang coins.ph, pero hindi ako sigurado kung pinoy ang may ari at nag-mamanage nito. Sana ay hindi mo gawing basehan kung pinoy ba o hindi ang may hawak ng platform at nag mamay-ari para pagkatiwalaan ito. Maari kasi na kahit na kapwa natin Filipino ang nag-mamanage ay may tiyansa parin na ito ay magamit pa4a makapanloko at makapanlamang ng kapwa, lalo na sa panahon ngayon na ang pinaka-inaatake ng mga cybercriminals at crypto theft ay ang tiwala ng mga users. |
|
|
|
Alam ng mga cybercriminals na ito kung paano kukunin amg atensyon at interes ng mga bounty hunters kaya naman ngayom ay umaatake sila gamit ang sikat na brave browser. Hindi talaga mawawalan ng mga mapag-samantala kaya naman dapat ay pipiliin ang papasuking bounty campaigns at kung makakita ng mga peke kagaya nito, dapat ay gumawa tayo ng aksyon kahit na maliit lamang, kagaya na lamang ng pag-report ng website o link kung saan ito nakita o kaya naman ay ibahagi ito sa mga forums kagaya ng ginawa ng nag-post ng topic, para dumami ang mag-rereport at ma-down ang site. |
|
|
|
Kaya mas mainam na hindi padalos dalos sa pag click ng links o download ng kahit anon sent via e-mail. Nagkalat na ang e-mail scam, kaya mag doble ingat sa pag click ng mga links sa mga unsolicited e-mails o spam. I verify muna kung legitimate ang announcement, news, update o kahit ano mang natatanggap sa e-mail bago ito paniwalaan.
Padami na talaga ng padami ang modus at paraan ng mga scammers at cybercriminals ngayon, hindi lamang dumadami nag mga ito kundi pa-advance din pa-advance at sumasabay sa inobasyon at pagka-moderno ng teknolohiya. Kaya importante na kasabay ng pag-kilos at emergence ng teknolohiya ay sinasabayan natin ito ng matinding pag-aaral o kaya naman ay pagkatuto para naman hindi na tayo nabibiktima ng mga modus na ganito. Nung nakraan lamang ay gamit ang email, telegram at links ito naisagagawa ng mga kriminal, ngayon naman ay s apammaagitan na ang Ledger S/X. Matinding pag-iingat pagiging mapanuri ang kailangan. |
|
|
|
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Before thinking about how could we make people use bitcoin as a currency, we need to think more about how can we persuade each and every government to support using bitcoin and completely accept it so that a massive adaption could take place. Lessening restrictions and getting businesses. even the small ones into getting to know bitcoin. Aside from the fact that not everyone is well educated and enlightened enough about the currency, the suppressing government implementing so many restrictions, regulations and conditions against bitcoin is what hinders the catalysts of using it. |
|
|
|
Blockchain could really transform the way government officials work under the administration. Blockchain follows principles such as transparency, and security through blocks hash. However, it's seems that China is not going to tolerate decentralized system, instead they're making their own "digital currency" that would still be monitored, but at least transparent provided that the ledger is distributed and not hidden centralized. Corrupt acts would potentially lessen and therefore makes progress faster for the country.
China's economic state is by far innovative and very productive. And its very exhilarating to know that China knows the essence and how advantegous blockchain technology is. In fact, blockchain technology could really help boost up an economy from a deep recession because it could really help most especially in terms of securing and avoiding counterfeits. If blockchain could revive an economy, what more a developed and fast moving country like China? |
|
|
|
I have experienced this situation where a lot of banks got liquidated in 1998 in Indonesia. Yeah, it was a mess, but from a business perspective, it's the way of removing unprofitable banks. The problem with this issue in the present day however, the Government of Indonesia now will "bailout" the users' saving account up to 2 billion IDR (about 142K USD) per person.
If that happens, guess how the government will pay? By printing more money from thin air, or in other words, debasing the currency.
This crisis or phase is just to filter out which banks are really functional and is profitable for only those who are strongly inclined of banking can survive the phase. Also, banks are near into experiencing recessions because of the enormous emergence of digital banks plus the growing adaptation of bitcoin which people is loving more because of its decentralization and the technology provided by blockchain which can hold theur assets without fees and threats unlike banks. |
|
|
|
Some say that dollar is weak and getting weaker.
But dollar is still strongest currency.
Look at the stable coins like : pax, usdc, usdt true usd and more... They are pegged with usd.
But how many stable coins are for euro or other currencies?
As people spreading rumours that dollar will collapse and losing dominance, i see different.
My main question is what makes usd so dominant?
And why the euro value is higher then usd but USA dollar is still dominant, do you think that usd will be replaced by euro?
What's Ur take on that?
USD is a universal currency, wherever you go you can still use USD because it's convertible with different currencies due to the universal relationship of U.S to other countries even the most far away and centralized countries. If you're gonna compare it with languages, it's comparable with english, being understandable or if not, usable in terms of communicating for it was labeled as a universal language. I don't think really think euro can replace USD, the laters dominance is just too heavy to dethrone it easily. |
|
|
|
As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?
It's not the things that I'll need to do that will matter in solving and preventing economic crisis. Yes, I'll take part, but it won't really count because it will depend on the hand of those who are responsible with handeling the economy, which is the government. If a crisis will about to happen major reasons and factors could be external amd will be inevitable. What I could do for me to minimize the effect of the crisis is to always be ready and always has something to pull, be it saving or whatever once the crisis hits the economy. |
|
|
|
A guy bought a very big house, which triggered an argument on a telegram group.
some people were arguing on a telegram group that they guy couldn't have bought the house with only trading profit....some insinuated that he must be into other businesses.
I laughed at their ignorance.
Why? Because I know that even in this present market condition that some skilled traders are making a killing.
I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
It was stated in Newton's law of motion, that in every action there's an equal and opposite reaction that is highly proved and seen in many aspects of life. This also applies in trading and businesses. We can't expect a big outcome if we are not willing to gamble and out uo with big risks, even small steps needs consistency to create big change. We just need to be ready and aware that upon risking, there's nothing such as absolute guarantee that we will gain positively. So risk responsibly, and don't try to risk something that worths more than you can afford to lose. |
|
|
|
We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
We can't control how the government of each country will react and move against crypto for all of them has theur reasons and interests upon implementing things and putting restrictions. What we can do now is behaving properly so we can give positive impact to the crypto space because we are all affecting it and contributes to whatever happens within it. We lack knowledge about what are the proper things to do leading us to make wrong decisions that is higly affecting and driving the market up or down. |
|
|
|
I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.
Is bitcoin volatility here to stay and not decrease?
Although many are wanting and hoping that bitcoins volatility to decrease, we can't deny the fact that volatility is bitcoins feature that we all know that bitcoins highly-volatile nature was emphasized experiencing high fluctuations and undermines bitcoins ability to function as a currency. There are lots of factors that explains why bitcoin is so volatile and we could consider answering your question. The factors are as follows: Market size, low liquidity, regulations, news events, shifting sentiment, unequal wealth, and key role of speculation. |
|
|
|
Now that more and more countries are starting to go cashless ( http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage? This would be great, cashless transactions will bring so much convenience for everyone, especially for those who are technologically inclined and advance institutions who can follow the fast-paced technological innovation and avoid physical contacted crimes and even lower cyber theft for cryptocurrency especially bitcoin are backed with blockchain which has a superior security, but the downsides are, not everyone in the world has the capability to use crypto and are not technologically inclined. There are countries that are still developing and this might be a bad idea considering their financial situation. |
|
|
|
It's no secret that many governments and central banks worldwide have paid close attention to the development of Blockchain technology. The same promises to provide lower costs and greater efficiency than traditional systems. Bitcoin's success proves that Blockchain is extremely ideal for finance. Once governments start rolling in their own digital currencies, people could see a reduction in payment processor fees like never before. Not to mention, transactions will become blazing fast within a matter of seconds instead of days. Which is why, it makes me wonder if the adoption of Blockchain technology for our current monetary system will trigger a massive boost in our economy? After all, Blockchain provides many benefits that are too hard to ignore for central banks and governments worldwide. Everything will be much cheaper and efficient than it used to be with the traditional monetary system of physical Fiat. What are your thoughts?  This is undeniable, one of the reasons why lots of economies per country are through a recession is because of the loss they are suffering through counterfeits. Counterfeits are sometimes being caused by those who are already inside the government doing an inside job for their own interests or by other external culprits. If blockchain start to get in the way be used to avoid counterfeits because of the technology it provides, the economy could boost up for they can keep all the money worth over millions that they are losing annually. |
|
|
|
|
Show Posts
