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Sa madaling salita, ang mga Pinoy mahilig yan mag-share ng kung ano-ano. On the other side, ang ganitong trait natin ay na-eexpress ng marami sa pamamagitan ng tsismisan sa kanto at pag sumubra pa ay paninira ng ibang tao. Actually, there is nothing wrong with this desire to share per se kasi isa ito sa mga major reasons why we Filipinos have strong family ties...all because we love to share.
Now, this trait can be utilized in promoting cryptocurrency kaya lang sa ating bansa di pa nangyayari ang massive adoption of cryptocurrency...siguro dahil ang mga Filipinos ay sigurista at marami talaga ang takot sa investments lalo na at palagi nila naririnig ang mga investmet scams gamit ang cryptocurrency...this is one big side-effects of those scams in the country. However, tayong nakaaalam ano talaga ang cryptocurrency mas mabuti na pag may opportunity ay i-share natin sa iba ang kagandahan nito.
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Pwedeng pwede ka mag cash in sa palawan. Mga magkano ba yung i-cacash-in mo? mga 50k pesos ba? Mag coins.ph ka na lang, sa palawan pawnshop na try ko 50,000PHP cash in, around 40php fee lang nabayaran ko sa kanila.
Tama, Kung mga 50k pesos, 40 pesos lang yung fee mo. Parang ganito dati nung may cebuana pa sa option. Totoo ba to? Ang babayaran lang para sa P50,000 na pay-ins ay P40 pesos? Okay din pala gagamitin ang Palawan. Panu ba to...sasabihin mo lang sa counter na bibili ka ng Bitcoin? Please share your experience more on using Palawan. Kung maganda dito ay ipalaganap natin para mas marami pa ang gagamit. |
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Might this be what the New York attorney general is going after? It might be under the orders from politically connected bankers to kill their competition in money laundering hehehe.
I guess that money laundering is always one of the top things that an investigating governmental agency will look most especially with a cryptocurrency exchange suspected of committing frauds. Money laundering can be so profitable for different players. Personally, I am not against any investigation as long as it is not a witch-hunting expedition and done in good faith. Hopefully, a good investigation can plush out bad players in this industry, can exonerate those who are doing business above board and can be serving as a big warning to entities who are planning to do some sinister acts which can destroy this young industry. |
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At the time of writing, Bitcoin is up by 2.88% and is trading at around $5,827.72 with a total market cap of $103,039,430,699 as seen at CoinMarketCap.com. Do you think the bull run really starts? Kindly share your thoughts, thank you.
Once Bitcoin can reach the psychological barrier of $6K, then we can indeed say that the bull run is now starting to be waking up. And if big investors can be back on the bandwagon then Bitcoin can keep on growing hopefully into the $10K level for the remaining months of 2019. I am not a good prophet of Bitcoin though so this is just a matter of my own personal opinion. Anyway, the overall sentiment of the market is very positive and so what is happening with Bitcoin right now is just reflective of this trend. |
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When they are abroad they have cash or their debit card to milk them of fees.
And since average Joe goes abroad only for fun/holiday/city break, he may not even pay enough attention to the few percents he gives extra to the banks, because hey, one doesn't have to be cheap when we talk about his own holiday. On the other hand the banks are also adapting. My bank has now "happy hour" when I can exchange between my local currency and USD or EUR at a very good rate (national bank's exchange rate) max 1000 EUR/day and I can make my debit card work with EUR when I want to. Which becomes interesting at holidays. Still, I'd prefer to pay directly with Bitcoin  This is business. Once the banks can feel that there can be viable threats on their market share of course they can do something about it. Once Bitcoin can go mainstream and can take a big share of the money transfer market these banks can introduce their own offerings to entice their customers to stay with them...they can even introduce Bitcoin-like platform to counteract the growing Bitcoin influence. What is good here is that competition always makes the consumers or customers the ultimate winners. The market will then decide where they will go as we are in open business environment where competition is encouraged and awarded. |
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The court has ordered Craig Wright to produce the list of bitcoins owned as of December 31,2013 in the in the case of the estate of Dave Kleiman vs Craig Wright. So let us see how Craig will response on the decision of the court, he initially say that he can't get the information but the court think otherwise and ordered a "sua sponte".
This is getting to be funny I think he can't produce the information because this will finally expose him as just another publicity-riding charlatan nothing less nothing more. It would be illogical just to think that a man claiming to be the real Satoshi Nakamoto could not remember where did he stocked all of his Bitcoin holdings. This time around he can be in a do-or-die situation as his Bitcoin holdings can tell us if he is indeed telling the truth or just plainly lying on his teeth ever since his claim started in his own imagination. On lighter side, we have to thank Craig Wright though for providing us here a continuing entertainment for free. Soon he can be proclaimed as the Joker of Crypto. |
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Lol, this is so true. I urge everyone to really put the majority of your investments on bitcoin to avoid getting REKT in the future. Well, you can still invest on some altcoin but at least the your portfolio should be like more than half on bitcoin, just saying.
I fully agree that when it comes to cryptocurrency investing, nothing can be safer and more lucrative than doing it with Bitcoin. In fact, institutional fund managers are betting more with Bitcoin compared to other popular alts so the future is really here. As to alts, there are also good picks on there and there is nothing wrong to also diversify one's portfolio. Right now, there is a big cup of coffee being brewed for Bitcoin and soon we can be drinking into that cup of profits and happiness. |
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It has been asked many times previously, in what device you want to get the notifications? If you use smartphone then you can use bitcoin checker that you can download on playstore but if you are looking for windows software then I have no ideas about it.
Certainly, there are now many good apps that can be downloaded in Google Playstore offering the same services and even more. I am just actually using the most famous one which is BlockFolio which is the most reliable for me. There is no need for me to receive any notifications as I can just watch the app for any movement of my favorite coins and tokens. |
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I believe it is the bankless part that really attracted the people. After all you could gamble without bitcoin as well but how would you deposit money into places if its not legal where you live? You would have to find some sort of middleman where you can send the money and they could deposit to your gambling account and so forth. Its not really that easy to achieve and that is why bitcoin became bigger because it solved that problem. You could just buy bitcoins and gamble anywhere you want and it would have no problems at all.
Normally, if you are doing something simple like say buy a banana and want to use bitcoin that may be harder than fiat because in fiat you just give couple bucks and move on however in gambling it was already harder and bitcoin made it easier so of course casinos took bitcoin much faster than grocery stores.
The convenience is always there when one has some Bitcoin and he loves to gamble or maybe trying to make some money gambling...trying all the luck in the world with well-established online casinos that we can now easily find all the time. In my view, there can be a symbiotic relationship between cryptocurrency and gambling and so far the response has been good. There are also those who wish to duplicate the same success with the porn industry but so far there is no massive response. One this success can be duplicated in eCommerce we can have the attention of Amazon and similar online retailers to also go for cryptocurrency. |
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I guess this has something to do with the use of the blockchain which does not mean automatically that cryptocurrency can also be use though it can be a good option to explore. There is no question that governments and banks right now are exploring on how they can improve their services and products using the innovations of the blockchain technology. There is no question that the blockchain technology can be a big game-changer even with those who are not convinced with Bitcoin or similar cryptocurrencies. The great opportunity to further improve and dramatically revolutionize one's set-up and organization can be possible with the help of the blockchain. Time is coming when Nigeria and its people can gain benefits with this development.
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People can guess private keys? Seriously? No one is capable of doing that genius. Many have tried to crack these keys in different ways(Brute force etc), but failed which is why a large portion of BTC is lost basically. Supercomputers could possibly crack them in the future, but it would still be really difficult.
Supercomputers can be the quantum computers which supposedly can crack coded and keys like the chicken eggs. That time can be coming but then again in parallel to this there can developed security measures to counteract the whole thing...so this can be just another opportunity to do business for security-focused software companies. I still believe though that it can be so difficult for any program to get into these private keys. |
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The list of sectors that will be encouraged, restricted and eliminated will undergo a public consultation period until May 7 according to the report of SCMP, and as such, mining facilities in China are likely to be able to operate throughout the next month or two.
The time has come for the Bitcoin mining industry to finally come out of the shadow and influence of China. When Bitcoin mining ban can be fully implemented, then we expect mining to be scattered in different parts of the world hence there will be less concentration of power in just one country. This is the reason why some analysts are saying that this development can be working out positive for the whole Bitcoin industry. Right now, we should not be trusting with China as it has its own global dominance plan being carried out. |
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I put in $40,000 into a ponzi platform similar to BitConnect. Do you think I can sue my promoter or get him charged? I live in Australia. MOST IMPORTANTLY - Is it even worth going after him you think if he was just using their referral program?
You can actually sue the people behind the scam and those who promoted it and made good money a referral agents. I think this is in the law here in my country and also with other countries. However, it can be a big hassle identifying these people and if ever you have the money for the case why not directly charge the principal actors of the scam. As for BitConnect, big hitting promoters remains to be free and no substantial cases are brought against them. The lesson is that we must always be careful with any program that we put our money to especially if one is planning to invest big. |
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I am not a lawyer nor an expert in the law. Now, based on what I know, people who are promoting a program that eventually became scams especially if they really gained significant money out of it can be sued together with the people behind the program. However, rather than waste your time with the referrers why not instead sue the people who started the program? In my country, scammers can easily get away though there are some exceptional cases of popular scammers that eventually went to jail. Scammers are the people who are tainting the cryptocurrency industry as many people think that just because a program is utilizing Bitcoin it already means that Bitcoin is also a scam.
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I have no experience with this particular scam... euhm... cloud"mining" company. The fact that their website seems down isn't a good sign to begin with, and when i look at the site in google cache, it looks like any other ponzi scam i've seen...
I have read somewhere that cloud mining companies or sites are all scams. They scammed people of millions before and they keep on resurrecting again and again with new names and new offerings. The existing ones will eventually metamorphose into a scam once the ponzi scheme could not anymore bear the burden of payouts that they promised according to the agreed compensation plan. Sadly, the magnet of passive money remains to be hard to resist and so members who entered the game at the later dates are usually left with empty bags. We have to be careful as scams are everywhere and scammers are taking advantage of the cryptocurrency and mining popularity. |
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This is the easy way to understand it,
BUY THE FEAR, SELL THE GREED.
If it was that easy, people would be filthy rich by now. There is a reason smart money is an elite in basically ANY market. In all cases, the average person buys what pumps, sells what dumps. People think all the tips and tricks they read here are new. They are not. In the same way that people rehash them on this forum and other social media platforms, the same was and still is the case with stocks. After decades of the same "easy" tips and tricks in the stock and forex market the average person still hasn't got a clue about how markets work, and probably never will. Those who are serious about it will dig into the technical side of markets themselves. The rest will continue to make the same mistakes over and over again. Trading is not an easy thing to do based on my own experience. Even professional traders can commit big blunders and can sometimes cost them or their companies millions of dollars. There are a lot of components in trading that one has to take into account every time doing the thing. This can be the big reason why many gave up doing trading...but the allure of good money is always there that is why new traders keep on sprouting like mushrooms making this industry always alive and kicking. Just like anything in life, fear and greed are two human traits or emotions that can push someone to perdition or to greater heights of success...this is very much quite true and evident in trading. |
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Now that crypto is allowing us to transact globally I am questioning if we are going to start to see more scams happen between countries. Do we need more compliance companies to step in to help major scams and illegal trafficking?
This is the big reasons why countries have to enact their own regulatory laws with regards to the use, trade and exchange of cryptocurrencies so that people can be protected against the evil design of many scammers, hackers, phishers and similar people. These people are right now taking a good residence in the industry and they are using their immense talents and genius in order to fool and trick people to cough money. It is about time that this very industry will do concrete strategies to deal this matter. Scams have to be minimized if not totally eliminated. On personal level, it is our responsibility to be always careful and always be informed. |
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That is not exactly unexpected. I guess the last months were brutal for those selling Bitcoin miners (either manufacturers and second-hand sellers), so it's a little relief for them. People having bought second-hand mining equipment in November and having sold them now should have got a good ROI However, it's possible that even if the bull market continues, the "bidding war" could come to an end soon: If China realmente bans mining in their country, I expect that mining activity and thus difficulty will go down - at least temporarily, for some months. The market will be flooded with second hand equipment from the Chinese mining farms, and so their price will go down again. That obviously is an opportunity for miners outside of China (I particularly think renewable-based mining should really get a boost then) but hardware sellers won't profit from it. There is one exception: if the bull movement becomes so strong that the higher mining profitability equalizes the negative price effect from the expected "market flooding". So it's actually a good idea to wait and look if China's ban is really coming or not. I am sure that soon China will start implementing the Bitcoin mining ban throughout its territories and of course this means that mining equipment from Chinese miners can be flooding the marketplace...a great opportunity to those wanting to join the industry or expand more. The Bitcoin mining industry is soon to experience many changes as we know that majority of mining is done in China. As to which country will be taking over the bulk of the business, this is a good thing to watch. |
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The physical gold is always considered to be the safe haven by many investors big and small and that is why during crisis of different types people are staking their wealth with gold. Now, the landscape is changing due to the arrival of Bitcoin which many considered to be the digital gold. Indeed, there are many similarities but also differences. Bitcoin is very volatile which turned off some people but also make some people getting more interested and exciting as volatility can be turned into profits done the right way. So far, the physical gold has been growing so slow and maybe boring for some but still in terms of marketcap physical gold remains to be on the top. I am seeing that Bitcoin and physical gold to be sitting side by side in many investors' portfolios.
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