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6081  Local / Pamilihan / Re: Magdagdag ng bagong coins si Coins.PH!!! on: June 28, 2021, 03:57:40 PM
Sa totoo lang, kung gusto ng Coins.ph ng maraming karagdagang trade volume, ang kailangan nilang idagdag is SLPs ng Axie Infinity. 🤣



EDIT: Pa shill nga ako 😬: Topic: Hiring Axie Infinity Players [SLOTS OPEN]
6082  Bitcoin / Bitcoin Discussion / Re: In theory there is still another China ban waiting to be launched. on: June 28, 2021, 03:10:39 AM
Based on their decisions they might as well just get on with it and ban Bitcoin every week.

As for Tor, can they even actually use it? As using VPNs are illegal as far as I know.
6083  Bitcoin / Bitcoin Discussion / Re: Jack Dorsey vs Elon Musk(meme Master) on: June 28, 2021, 01:56:41 AM
Not sure if I'm missing something [I've double-checked everything], but I went through all of the tweets and in none of them I saw any sign that Musk has accepted the invitation...
- Personally, I can't see him [EM] and someone that knows more than him [in regards to BTCitcoin], sitting next to each other in "any" event and having conversations about BTCitcoin [it's a risky move for that freaking clown].

You probably missed it. Tongue

I don't see it happening as anything next to impossible though. Though I doubt it, take note that it probably doesn't necessarily mean that the "talk" will be livestreamed in the first place. It's a conference though, so it probably will be.

6084  Other / Beginners & Help / Re: 64% of Bitcoins are never used and will never be used on: June 28, 2021, 12:02:01 AM
Quick note: The data being false/inaccurate aside — Bitcoin is not only being used for payments, but also as a store of value. So if it's the case that some bitcoin is stagnant in a certain address, it doesn't necessarily mean it's not being used. It may be the case that the owner is "using" the bitcoin by letting it appreciate in the long term.
6085  Local / Pamilihan / Re: Hiring Axie Infinity Players on: June 27, 2021, 11:09:21 AM
Oo nga sir eh, matagal din ako di natambay dito sa Local Board pero unti lang ang nagmemention ng laro. I mean tayo ata ang may pinakamadaming player sa mundo when it comes to Axie Infinity eh. By the way sir, ilan na scholar niyo?

Tayo nga. Daming walang trabaho at mahihilig tumambay sa bahay at magselpon saatin eh. Atlis kahit papaano ito may income; hindi ko nga sigurado gaano ka-sustainable ung economiya ng larong to kaya ayaw ko mag all in at maghire ng madaming scholars.

So far magiging 5 palang scholars ko. Pinag iisipan ko pa kung gusto ko mag sampo. May risk rin kasi.
6086  Other / Beginners & Help / Re: What is the Dip? on: June 27, 2021, 09:54:07 AM
What happens when the dip dips?
Then you buy the dip, again! Tongue

Obviously, such strategy requires a good amount of cash on hand, which a lot of people don't. And also, I really don't recommend this method. For beginners I'd recommend dollar-cost averaging[1] instead. Set your buys every week, and hold the coins for long amounts of time.

Is there a guide for this?
There is no set in stone guide for this; because it's merely just a concept.


[1] https://dcabtc.com/
6087  Bitcoin / Bitcoin Discussion / Re: China might really be out of Bitcoin and the cryptospace on: June 27, 2021, 09:17:28 AM
Can't they allow miners at a later time and/or can't they allow these websites to resume in near future ?

Everyone knows that china spread out fuds and even china know what world is thinking, so they are taking this fud to the next level so that people believe in this fud.  Cool

Theoretically, sure they can. Just like how theoretically they can allow people to use famous social network sites in the future. But the question is, will they? Most likely not. China is a communist country, and cryptocurrencies are freedom — which is completely opposite of what their goals are.
6088  Bitcoin / Bitcoin Discussion / Re: China might really be out of Bitcoin and the cryptospace on: June 27, 2021, 06:46:57 AM
If this was the case, why they were allowed to built the world biggest bitcoin mining farms in the first place ?
China always want to dominate the world and therefore they will not quit crypto currencies. I think recent news about china banning mining and crypto is a part of their plan which no one considers at the moment.

What are you talking about? They just did kick out all of the miners out of their country, and they already banned most of the major "DeFi" websites.
6089  Bitcoin / Bitcoin Discussion / Re: China might really be out of Bitcoin and the cryptospace on: June 27, 2021, 05:47:42 AM
Not a surprise in the slightest. The environment in China is very discouraging when talking about freedom in general, not only concerning Bitcoin and cryptocurrencies. If they people aren't even allowed to access common websites such as Facebook and Twitter due to their "Great Firewall", what makes us think that they'd allow their people to have access to a protocol that promotes freedom?
6090  Bitcoin / Bitcoin Discussion / Re: Jack Dorsey vs Elon Musk(meme Master) on: June 27, 2021, 05:42:59 AM
You are right

I was researching about this and found some interesting stuff:

Quote

Most people probably assume that Jack Dorsey is the primary founder and only CEO that Twitter has ever had. In reality, Jack is a co-founder. He launched Twitter in 2006 alongside Biz Stone, Evan Williams and Noah Glass. Jack served as the company's first CEO but was reportedly forced to step down in 2008 by his co-founders and their venture capitalist backers because he was spending too much time on extracurricular hobbies like yoga and meditation retreats. Seriously.

Evan Williams served as CEO from 2008 to 2010. A guy named Dick Costolo served as CEO from 2011 to 2015, at that point Dorsey rode back in as CEO, a position he still holds today.


...

Because Jack Dorsey doesn't own all that much Twitter stock. Jack owns around 2% of the company. By comparison, Mark Zuckerberg owns 30% of Facebook. The Google founders both own around 14% of Alphabet. Elon Musk owns 22% of Tesla.
https://www.celebritynetworth.com/articles/billionaire-news/jack-dorsey-twitter-fall/

Jack looks like a smart guy. He became a billionaire and he spent  more time with extracurricular hobbies (like yoga and meditation). Lol that's amazing! That's certainly an important thing to do as a billinaire. If I were a billionaire I would certainly avoid those endless meetings that a CEO job requires...

Anyway, CEO has some powers, but he has only 2% of shares. He cannot rule Twitter as he wants.


It's a frustrating very common misconception. A lot of people think "CEO" is synonymous to "owner" or worse — a sort of company dictator, which is definitely not the case. I was really annoyed when Jack was heckled by this woman in the Bitcoin 2021 conference because her account got banned: https://mobile.twitter.com/TrumpJew2/status/1400867162684891139
6091  Bitcoin / Bitcoin Discussion / Re: Jack Dorsey vs Elon Musk(meme Master) on: June 27, 2021, 04:15:14 AM
Jack Dorsey and Twitter are trying to be a digital dictator and want to govern Twitter with their own rules.

I don't agree with what Elon does but I don't agree with what Jack and Twitter did with Trump and sure after Trump will be others [1]. Perhaps Elon Musk will be the next one but at least he has yet broken any serious things per rules of Twitter.

It is why Elon try to challenge Jack with his tweets.

[1] Nigeria bans Twitter after company deletes President Buhari's tweet

The thing with Twitter is, Jack doesn't have as much power as everyone think he has. Sure he's the CEO, but he's not a majority shareholder, and he's definitely not some Twitter overlord that gets to call literally all the shots. Executive committees and company board of directors has significant power over public companies.
6092  Other / Beginners & Help / Re: [Discussion] Is Blockchain necessary for our future? on: June 27, 2021, 04:09:39 AM
You don't need blockchain to have transparency, simple public reporting and maybe a bit of cryptography is enough. Corruption happens when the government is unwilling to fight it, in that case transparency doesn't help, because even when everyone knows exactly who and how much is stealing, no one gets punished.

While I'm still going to stand for my previous statement in this thread, I think you actually need blockchain(unless there's a different solution I'm not aware of) to have true transparency. Yes, public reporting could happen, but how to we know if they're faking it to some extent? Whereas with blockchain, we can make the verifications ourselves.
6093  Bitcoin / Bitcoin Discussion / Re: Bitcoin will never be gone on: June 27, 2021, 04:07:08 AM
I guess as long as computer and internet are existing the bitcoin will remain. So I think computer and internet are forever be.so for me bitcoin will be fotever be...just my opinion

I mean technically, of course. But when were talking about a dominant currency/SoV, then it's just very unrealistic to think that Bitcoin will be the dominant choice in humanity's lifetime.
6094  Bitcoin / Bitcoin Discussion / Re: Rate of bitcoins being lost vs. rate of bitcoins being mined on: June 27, 2021, 03:41:42 AM
This is one of those things that while we can create estimates based on some data(probably bitcoin addresses that are dormant for 5+ years or something), it's going to be heavily heavily inaccurate that I wouldn't even call it an "estimate". The data is simply going to be so inaccurate that it's just as bad as trying to think if Bitcoin would still exist in a thousand years.
6095  Bitcoin / Bitcoin Discussion / Re: Transferring physical Cash to BTC on: June 26, 2021, 02:08:21 PM
If you're interested in a way to move money to BTC without even touching banks, then peer-to-peer is your only solution. Head over to LocalCryptos[1] or HodlHodl[2], select your country, and look for BTC sellers that are willing to take in cash. Yea you might end up needing to drive to neighboring cities, but this is one of the solutions.




[1] https://localcryptos.com/
[2] https://hodlhodl.com/
6096  Bitcoin / Bitcoin Discussion / Re: Bitcoin will never be gone on: June 26, 2021, 05:38:40 AM
Nothing in this world is permanent, and that's going to include Bitcoin. I'm sure it's going to take more than a dozen lifetimes for something so great to be invented that could potentially replace Bitcoin though.
6097  Bitcoin / Bitcoin Discussion / Re: Will other countries adopt Bitcoin as legal tender after El Salvador's recent mo on: June 26, 2021, 01:54:17 AM
My amateur economic opinion is that don't expect the bigger first world countries to be adopting Bitcoin as legal tender any time soon. Chances are, the smaller countries(e.g. El Salvador) will be going first simply because they have far less to lose. While the bigger first world countries like the US will be watching these countries very closely, taking a look if adopting Bitcoin as legal tender would do them more good or more harm (e.g. less control over money vs probably more economic activity).
6098  Bitcoin / Bitcoin Discussion / Re: What would you be doing if there was no bitcoin? on: June 25, 2021, 03:04:57 PM
I'm personally just so financially and emotionally invested in Bitcoin that I honestly don't know what I'd be doing. Probably would still be in the technology side of things looking for the sort of "next big thing". But Bitcoin just has the perfect mix of bizarreness and actual plausibility that I couldn't even think of any other thing right now that I'd be passionate in.

To be honest, I'd go as far as say that I probably wouldn't know what I'd do with my life if Bitcoin ceased to exist(theoretically) for whatever reason lol.
6099  Bitcoin / Bitcoin Discussion / Re: After 1.5 hours, I only only got 9 confirmations. What a turtle! on: June 25, 2021, 02:53:35 PM
I am not sure, my exchange may require 10 or more confirmations.  I've just glued to the PC waiting.

Pretty much what ranochigo said.

But just to add if you're wondering, Bitcoin isn't slow for no reason. It's slow to remain as secure and as decentralized as possible. If you want something cheap and almost instant, you can always transact using the typical payment rails or probably use the typical centralized cryptocurrencies.
6100  Bitcoin / Bitcoin Discussion / Re: After 1.5 hours, I only only got 9 confirmations. What a turtle! on: June 25, 2021, 02:32:55 PM
How many confirmation do you actually need though? 9 confirmations is more than enough for any kind of transaction. Even Binance itself only requires 1 confirmation for deposits.
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