Sa totoo lang, mga ganitong shops yung makakatulong na mas lalong malaman ng mga tao ang bitcoin at magiging curious sila. Dito nag sisimula yung widespread ng information kung mas madaming tao ang gumagamit. Although may mga merchants na nag aaccept ng bitcoin (i.e. dragonpay), ito yung start ng pag laganap nito dito sa Pilipinas.

Isa kasi sa problema sa bitcoin ay yung access at widespread nito sa lahat ng levels ng society. Mostly, mga taong nasa average to above average ang may alam at nag-tratransact nito. Kung lahat ng tao sa lahat ng levels ng society ang may alam dito, mas magiging madali ang pag-accept ng gobyerno at maimplement na ito as a "payment-option" sa mga stores (i.e. SM, Robinsons, etc.).

It depends on your experience and reserved capital on day trading.

The problem with day trading stems from its very root- being very risk. There are traders who lose their investments everyday due to day trading but they quickly recover those losses depending on luck. Also, it varies per coin depending on what resource you would invest on. Preferably, you would want to invest on high volatile and priced coins in the market and withdrew them quickly once the price increases from 10-15% from the initial price you acquired them.

It all boils down on experience, knowledge, and luck. There are experienced traders who still incur loss in day trading but it may be profitable once you start having the knowledge for it.

What is your basis for saying that investing in bitcoin is a mistake? Have you suffered a loss or is your investment far from reaching the price beyond the initial price you purchased it?

There are factors you need to consider before investing in cryptocurrencies. Unlike other investments that does not require time and effort after purchasing, investing in bitcoin is a high-risk high-reward type of investment where it requires you to diligently check the market, do some research, and consider the external and internal factors affecting its price.

Its face value and price on the market.

The reason on why gold and bitcoin are being compared to each other is because of the demand of the people on such. People are willing to buy bitcoin/gold on a price due to trends on investments. There are also people who are unknowledgeable about bitcoin but they purchase on such due to its volatile price on the market that may either be a short or long-term investment.

To be honest, most are overlooking the potential of the technology behind bitcoin- which is the blockchain technology.

There is a huge distinction between gambling that provides job opportunities for people AND people who gamble as their main source of income.

In the former, like you mentioned, it provides job opportunities to millions of people around the world. Not only does it contribute to the people but provides revenue for the country as well. The latter, however, is entirely different and significantly risky. They live around the edge wherein their main source of income is based on 70% luck and 30% skill.

Sa pagkakaalam ko, sa coins.ph may limitation ang pwede mong i-withdraw na cash depende sa level ng account mo. Basically, the more you fill and provide your personal information (IDs, domicile address, etc.), mas malaki yung pwede mong ma-cash out na pera.

Isa pa, sa coins.ph madaming options na pwede mong piliin sa mag-cash out ng pera mo at pwede mo nga mismong i-transfer sa bank account yung funds mo directly. Although kung millions yung dedeposit mo, mas maganda kung mas madami kang platforms na gagamitin para hindi mag raise ng suspicion sayo mga bangko.

This actually depends on how their country would implement and adapt the change. It may provide various opportunities to people considering that their diverse culture and population can certainly increase the reputation and usage of cryptocurrencies in general. But the problem would arise when it comes to its application.

Remember that Africa, being divided into countries that are on the underdeveloped and developing states, have different priorities that their government needs to address. Education, infrastructures, poverty, and job opportunities are only a few of their current problems presently and I doubt that they could fit cryptocurrencies as their priority.

The reason on why most mixers are profitable (and prohibited) are due to the fact that it provides absolute anonymity in the transactions. For example, if you were to use a mixer, the funds will be sent intermittently with necessary intervals to avoid tracking.

Exchanges, on the other hand, require you to fill details about your personal information (basically KYC). Depending on the exchange, some require personal IDs and addresses so you can increase the limits of your account with regard to withdrawal and deposits.

Although both have their corresponding transaction fees, mixers are generally higher in fees but they do provide absolute anonymity if you were to transfer funds from one wallet to another.

Generally, I limit my choices to the top 10 cryptocurrencies in the present but there are others that reflect no chance at all. BTC, ETH, and XRP are one of the few investments that I personally have which among are considered as my short-term investments.

Preferably, it is highly advisable to diversify your investments by increasing your portfolio through equally dividing your investments. Focusing into one coin alone may be risky especially that you concentrate the risk into one coin compared to dividing it through others.

There are hundreds, if not, thousands of websites present that use cryptocurrencies as the main medium/currency in gambling due to its convenience and accessibility to most users especially in this forum. That is also one of the reasons on why there are campaign signatures advertising gambling websites here in the forum for their widespread of existence.

The future of gambling can consider cryptocurrencies as their alternative option for payment but it cannot replace the fiat system. An option cannot entirely replace a currency which is universally accepted around the world especially that the government accepts the utilization and usage of such.

I think you are construing bitcoin as a currency, which is in fact, not a currency but only as an alternative means of payment. No country or state uses bitcoin as their main medium of exchange in their transactions. Not to mention, there are countries that deny and prohibit the utilization of such, which is why it is wrong to view them as currencies being used in the world.

Lastly, bitcoin cannot be a currency with only a supply of 21 million in the world. This would make the currency very inflationary once it reaches the end of its supply in years to come.

That is true. Madami kasing mga tao na masyadong sakim sa pera at nabubublag na hindi porque walang kailangan na qualification (except ranks Sr. Member +) ay makakapag post sila ng kahit gaano kadame. At the end of the day iisipin niyo na lang kung worth it ba yun extra bitcoins sa pagka-ban mo sa mga signature campaigns na hawak ni Yahoo.

Madami ang against sa campaign na Yobit pero may mga long-term effect din naman ito, kagaya ng pagiging trap nito sa mga spammers sa forum.


Ganito talaga nangyayari kapag automated yun qualification at kung sino na lang yun makakasali. Dito mo talaga makikita yun mga opportunista na willing mag break ng forum rules para lang sa pera.

It depends on how much capital you are willing to risk and your experience in the field of trading.

Generally in day trading, you risk your capital in a relatively short amount of time and recognize even the tiniest of gains on your part. On long trading, you trade but you have a specific goal that you want to reach on your capital gains. In short, the the longer you trade the lower the risk gets.

If you are relatively new to the field, I suggest that you read books, watch videos, and consider guides here in the forum on how to get started in trading. It is really a difficult process especially if you consider all the factors but it is most definitely profitable.

I doubt that the Philippine government would halter and stop the operation of cockfighting as it became part of the culture of Filipinos. Like what I previously mentioned, it is one of the few type of gambling where it is televised in national television along with ads promoting different kinds of food for chickens. Although the sport may involve animals fighting and people may argue about animal rights, I think it is beyond the scope of what it covers.

This is one of the key reasons on why the government is against the world-wide implementation of bitcoin due to the fear of its anonymity factor. Every transaction in bitcoin, it protects the parties from knowing the exact location of each transaction. This is also the reason on why most people under the Dark Web use bitcoin as the main currency in order NOT to be detected by authorities.


Money laundering via cryptocurrencies is the most convenient and safest way of doing it. The anonymity factor it provides and anyone can do it. Not only money laundering but sending money via remittances.

A movie centralized about cryptocurrencies may definitely bring positive implications especially to bitcoin but this would depend also on how they portrayed cryptocurrencies as a whole.
If they create a movie about the dangers associated on the transactions of cryptocurrencies, this may further strengthen the stigma and branding about it. On the other hand, if they produce a movie explaining the positive implications to the economy and opportunities to the community, this would at least alter the mindset of the people about cryptocurrencies as a whole.


The fact that some did not know about the existence of such film means that there needs to be an adoption of a movie in order to increase its reputation in the world. A movie about bitcoin is a double-edged sword depending on how they portray bitcoin either as a boon or a bane.

It highly depends on the country but most online gambling websites that I know require the supplement of KYC in their registration.

To answer your second question, I think the time that all online gambling sites will be Cryptocurrency based once we shift the medium system to an electronic type of cash. But for the time being, it is impossible that it would happen anytime soon. The fiat system will always be present no matter how we change the medium.


The only time that cryptocurrency would be the main medium in online gambling sites is the time when we shift our system of payments, which is impossible for the time being. There are countries who lack access to the internet and other relevant stuff to cryptocurrency. Despite this shortage, making cryptocurrency as the main medium is potentially dangerous to the economy.

Hi,

Upon checking the links, it seems that the website is not functional and broken. Also, please provide links to your WhitePaper and the current team behind the project together with links directing to their respective profiles in order to validate the project. Kindly please update all the necessary details to show and prove the legitimacy of the project.

Thanks!

Long-term: GOLD
Short and Long-term: BITCOIN

What makes gold valuable is its inherent nature being a precious material and a limited-supply asset. The continuous demand for gold is determined by the quantity of people who are willing to purchase it at a designated price. In addition, being a tangible investment, there are various uses for gold which would increase its demand overtime.

In bitcoin, although people have disagreements about it being a store-of-value or not, its volatility is what makes it a valuable short or/and long-term asset. Depending on its price, you can purchase/sell depending on the market price or value. Unfortunately, the current state of cryptocurrencies are still shaky which is why a full-wide adoption is yet to be expected.

Cryptocurrencies perse are not harmful to the economy, as in fact, it is beneficial since it creates a system where there is an inflow and outflow of cash through its transactions.
What makes cryptocurrency repugnant to the government is its inherent nature and effect providing anonymity to its transactions without any trace left. Back in the days, people used cryptocurrencies as the main medium in online black markets (Silk Road) where they usually transact illegal drugs or services available.

Unfortunately, it created an ongoing stigma against cryptocurrencies and has been branded as something that is harmful, without even knowing its full potential to the consumers and businesses.