I guess most of us here agree that debt are traps that are just burdens in our backs lest we use it into something that will create more money. Personally, I think borrowing is acceptable only if you have a plan to repay it, and you use the money into something that will generate more money (and one that has low risk, and is mostly guaranteed to succeed). If you are to borrow fiat and use bitcoin as a collateral, that's one of the most stupidest call given bitcoin's volatility. Unless it's clearly defined in the terms that the price of the collateral at the time of the deal remains constant no matter what happens, perhaps I will think about it, but if not, then it's a no for me.

Also what Max Keiser and Michael Saylor are stating is trying to game the volatility of bitcoin in your favor. Most businessmen tend to think like this: maximizing the usefulness of a certain asset on their favor. I go against this, especially since it promotes debt even if bitcoin is poised for fruitful gains in the coming years. There's just too much risk still.

Never knew that some of the gambling platforms are extremely old in the world of crypto. I just thought that Fortunejack started sometime in 2016, though they were around much longer than that. Also, I guess you can include some faucets that integrated some form of gambling on their platform to attract more people? Like freebitco.in which has dice on their faucet for as long as I can remember. I remember having tried playing in 2014 on that faucet and losing it all. It wasn't worth much but that was my first experience in crypto gambling, and I liked the experience.

I'm sure we're not at the bottom just yet, though a lot of people have already sold their coins due to the fear that it will plunge even deeper than where we are right now. There should be no shame in taking profits right now especially if one is uncertain what the next few days hold for bitcoin. Personally, I think that cashing out right now would be pretty good especially if you bought somewhere around $20-$30k ranges. True that the institutional investors are driving the upside potential of bitcoin, but right now they have rather become silent and looks like they are happy with what they get right now. They can easily hold and endure any and every plunge, but for us retail investors, I don't think that's also the case.

Nararamdaman ko na ang activeness ng crypto dito sa ating bansa. Kahit dito pa lang sa city namin e marami na akong mga kakilalang active traders sa Binance, at mga gusto pang matuto deeper into bitcoin para raw mas lalo nilang malaman ang pasikut-sikot nito. Mostly sa mga kakilala ko, alam ang crypto na kahalintulad ng sa stock market. Magkakapera daw, ganito ganyan. Pero beyond that, hindi na nila alam kung para saan ito. I guess it's good that they know what bitcoin is, at alam kong along the way e matututunan din naman nila ang mga ins and outs ng cryptocurrencies once their curiosities are teased way beyond what it is on right now.

Sub-$40k would be ideal for me, although that is pretty much drawing in the sand right now. Volumes in exchanges have drastically changed in the past few days, and the overall sentiment towards the market is quite negative given how easy it was to slip from $50+k back to $46k. Confidence on bitcoin remains high, although the weak hands are pretty much discontent on the performance of bitcoin lately, leaving them no choice but to sell in the mean time.

That's a nice question honestly. I am skeptic on wager competitions on small casinos and platforms that gets up to hundreds of btc wagered in a span of a week. Not that I'm questioning the pockets of those in the leaderboards but oftentimes, it's hard to believe that someone will wager such an amount in a relatively small casino that can perform exit scams so easily. Anyhow, on established casinos and platforms I have no problems joining the competitions. Even I myself managed to wager quite a nice sum on some events, although not enough to put me in the top 20s of the leaderboard.

I would say that they are doing this just because they believe bitcoin is worth something more in the future, other than just having its dollar value appreciating over time. You might call it a hedge or whatever, but there's more to buying bitcoin than just profits for them, especially at that quantities that they have been buying from the past few months. Bitcoin is never poised to take on the financial system head on, though it does and can certainly help in retaining some value if the going gets rough for the world's economy.

Who knows what they will do once the FOMO dies out? Not much of them are doing something to change the landscape of cryptocurrency except buying and inflating the value. They might even sell it in a heartbeat once their profit goals are already realized. It's anyone's guess.

You can factor in the "openness" of its market. With such nature of the market, anyone and everyone can freely buy and sell at any given point in time they so do like. They can literally buy and sell millions or billions without restrictions in time and in the platform provided that they are properly ID'd for KYC and AML regulations. This perhaps is the main reason I see as to why bitcoin is highly volatile, though its nature as a highly-speculative asset can still be included together with the open-market nature as well.


Prone, yes, although even high market cap assets can still be a target to wash trading and price manipulation. Price alone isn't what matters in manipulation of assets. Volume plays a major role, and this is what most people used to exploit heavily together with the price in crypto and other asset class as well.

Pang-ilang araw ko nang nakikita sa balita ang PDAX. Hindi ko alam pano mangyayari na magkakaroon ng trade na extremely lower than the spot prices kung well-maintained ang kanilang site. Must be a system bug or something pero in the first place this shouldn't happen. Kung nasa ilang libo na lang ang funds ni buyer, for sure hindi na niya babalikan yun at masaya na siya sa btc niya. I, for one, would avoid PDAX after this event kahit pa may possibility na makakuha ako ng murang coins. You'll never know what glitches and bugs ang present sa kanilang platform right now.

I don't think that's enough lead to pin it to Satoshi. Most of the details seem vague, and just because the moniker is Japanese doesn't mean that the person behind it is of Japanese origin, or even east Asian for that matter (given the name Ariso Yang). It would be more compelling of an evidence if a direct link between the person and Satoshi is established, and not some vague details like owner of some blogging service, messaging boards, etc. At this point, this person is already doxxed, and that's bad IMO especially if this is the wrong guy (which I highly think is the case).

Madalas na talaga naglalabas ang SEC ng mga ganitong announcement dahil na rin sa kainitan ng mga securities, crypto crowdfunding, and similar investment schemes dito sa Pinas. Naghihintay lang ako na maglabas din sila ng advisory para sa Xian Coin na pinopromote ni Xian Gaza dahil medyo similar din sa ganitong linya ang structure ng nasabing 'cryptocurrency' na walang definite na way kung pano ba kumikita. Ang hirap nga lang, hindi dito registered ang nasabing coin bank kaya hindi makapaglabas ng kung anong memo si SEC sa kasalukuyan. Pero kung may iilan ditong mga kababayan na nagfafollow sa mga online salestalk ni Xian, please lang, know better at umiwas na tayo. Wala akong kahit anong negatibo towards Xian at sa kanyang investment ventures/firms pero hindi ko nakikita na may 'panalo' ang mga mamamayan na bumibili sa kanyang tokens.

Madalas naman pag tumatagal ang mga na-stuck na transaction sa mempool limbo, binabalik din naman ito sa ating mga wallet. Marami na akong naging transactions from my wallet to gambling sites and exchanges na bumabalik lang din sakin dahil sobrang cheap ko pagdating sa fees. Mababa lang din naman ang mga tinatransfer ko, mga saktong pang-enjoy lang din at kung makakalusot, mainam. Kung hindi, okay lang din naman. Maganda rin yung RBF at child-pays-for-parent na concept dahil dito may chance na ma-push to higher priority yung transaction na nasetan ng mababang fee.

Just look at the average price they bought bitcoin in, that's actually a win for them and would not stop them from getting some more bitcoins on the way! At this point, bitcoin could lose half of its value and they are still in the greens, and would still be profiting since I'm pretty sure if bitcoin's price is cut by half at this very moment, people would just rush in to buy more and more for their own. It was a very calculated risk that MicroStrategy did, and it obviously paid off given that in the midst of all the uncertainties, they can still buy and be cool with it tanking down due to the huge 'savings' that they got from buying a lot of bitcoins before it breached $30k.

At this point, timing your transfers from one address to another seems to be more plausible compared to just sending it blindly without looking at the mempool or any charts similar to that indicating network stats. I know it's a hassle but a huge volume of transactions is coming in the network almost every hour. We've had way worse situations in the past, and just like those instances, this huge volume/wave of transactions will be cleared. For now, it's best to convert to any stablecoins (if it is supported by the service you'll be transferring funds to) and convert to bitcoin once the stablecoins are already in the platform.

I'm not saying that bitcoin is no longer viable for transactions, but at the moment if you are looking for fast and efficient transfers, perhaps converting to something else is the way to go. It still has an excellent fee calculation IMO that is economical in the long run, but due to the large volume of transactions, it's quite shite right now.

I'm pretty sure that's what the fear and greed index tries to gauge: the amount of emotion attached to a certain asset during a particular phase/scenario. It's actually not a secret that most of crypto's movements are induced by psychological reactions from people that are invested in it. It's just that people--especially in the traditional asset classes who are now into crypto--discredit this fact and try so hard to validate TA and instill that such analysis helps over analyzing what people has in mind and in emotions at that current time.

The human psyche is compelled to insist its decision the moment the spur of emotions get the best out of our logic. It rings true in most investments, and not only crypto, that's why most seasoned traders often advise us to distance our emotions with our money and investments.

And it would be best if Layer 2 solutions, once available, would be viable for single-use. Else, it would be another problem that a lot of people would know that they have even if it isn't really one of their main concerns. I do have high hopes for LN, but at the current state of things it's really not viable, moreso sensible, to recommend it to people who just wants to make quick transfers and would probably not be doing any transfers in bitcoin any time sooner.

Jokes on you, a lot of people are actually waiting for a huge correction. It's way overdue, I agree, but the figure is still undecided and most predictions are basing their numbers out of thin air and stars alignment. At this point, those institutions who bought millions of $ worth of bitcoin aren't going to sell their coins to save some bucks. I'm pretty sure most of them would wait this out and only those scared would actually sell. Now due to this, I expect not a crazy correction, but rather a move back to $30000 would be nice and apt for now.

I have listened to their latest podcast and it seems that there are no plans for the Mayweather fight, though if there is they are really getting secretive about it--or at least don't want the public to know immediately. They know they will still reel a lot of money and viewership even if they announce the fight a bit late because it's Mayweather and a somebody that won against amateurs. Anyway. Logan Paul's plan to move to Puerto Rico is more of a tactic to evade paying high taxes on whatever business ventures he has. The fight isn't going to happen, and it's just one dude not wanting to pay high taxes, nothing more.

I only bet on football when it's already in the semis. Usually just to get some nerves and blood working inside of me especially if the groups are jam-packed with promising hitters and defenders. It only happens every few months that I bet on football, since there aren't that much 'exciting' leagues for me, most especially those leagues that are packed with superstars while the rest of the promising team is left on the dark or in the shadows, without anyone recognizing amazing plays for them.

In essence, I just bet on sports--specifically football--to feel the rush of supporting a team that I know can deliver some good games on the field. Not so much about profits, because I already accepted my fate of being unlucky on sports betting events and gambling in general.

That's below the current average fee rate right now, though hang tight and some miners might include it already in their blocks knowing that it's not too low of a fee after all. As SquirrelJulietGarden pointed, you can do the options below if the transaction is significant, and you are willing to pay for extra fee in order to bump the priority of your transaction.

You can also use accelerators, though I highly doubt that at this point in time their are useful enough to be considered as an option, but it's worth a try.