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6441  Economy / Speculation / Re: Will Bitcoin break $4500 this week? on: August 20, 2017, 04:31:16 PM
Last week bitcoin try to break $4500 about three times but to no avail! I think  above $4500 is possible before the end August as the momentum is very high and bitcoin Cash has rise significant for the past two day to close at $870 yesterday, I think very soon bitcoin Cash traders will start to take profit and fund will flow back to bitcoin.

Many people are really wishing that on this week it can be able to finally surmount the $,500 wall and would finally try to reach the $5,000 level as soon as possible. It remains to be seen how the market would be behaving this week whether it can full of energy or a lethargic one. Let's push Bitcoin to go forward to the hills this time.
6442  Economy / Speculation / Re: What Mcafee was really saying and how nuts is he? on: August 20, 2017, 04:25:47 PM
Oh, I am always laughing at people who have the tendency to make a good publicity out of nothing but just their names and their tweeted words. Now, who cares about people like this? Is he an expert on Bitcoin that we should be listening to any words he has to say on Twitter? Let the man speak his mind to any medium he wanted to use. We don't have to give him that much attention.
6443  Economy / Speculation / Re: Bitcoin correction is coming? on: August 20, 2017, 04:19:15 PM
Tell me if you think a Bitcoin correction is coming or not this weekend (around 19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

Your concern turn out to be true as Bitcoin was not able to go beyond $2,400 and is now hovering in the vicinity of $4,100. This can be the little correction that Bitcoin has to get so that it can come back much stronger for the coming week. I am hoping that this time it would conquer the world beyond $4,500 and will be going towards the $5,000 mark as soon as possible.
6444  Economy / Speculation / Crystal ball of Masterluc: $15K before 2017 ends! on: August 20, 2017, 04:15:10 PM
Quote
Masterluc predicts that Bitcoin will reach $15,000 before the end of this year. What’s more, he believes that Bitcoin will reach a price of $40,000 - $110,000 by the end of this bull run. He gives a timeframe of 2019 for that price target.

While these numbers seem absolutely extraordinary, many traders have noted that the recent “bubble” doesn’t seem so bubbly after all. Bitcoin has not yet gone parabolic as it did at the end of previous bubble cycles.

See more of this here.


Masterluc has been into the business of predicting the movement of Bitcoin and he made so many correct predictions so that now many people are listening to what he can say especially his many predictions of the price of Bitcoin. Well, it is certainly a very optimistic prediction but I would not complain if it can come true though I am not thinking so much about this. Let's just hope it can be a big reality before the year ends as I also need cash!
6445  Economy / Economics / Three reasons to invest in Bitcoin on: August 20, 2017, 04:08:32 PM
Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
6446  Bitcoin / Press / Re: [2017-08-20] Japan’s Largest C2C Ticket Marketplace Accepts Bitcoin on: August 20, 2017, 04:04:22 PM
I am seeing more and more Japanese firms getting into Bitcoin. And I am not wondering why...because Japan is now a leading country for the acceptance and use of Bitcoin. There are so many benefits when a country would recognize Bitcoin. I am hoping that soon a large number of different companies would be marching to the music of Bitcoin and cryptocurrency.
6447  Bitcoin / Press / [2018-08-18]Philippine's BSP approves registration of 2 bitcoin exchanges on: August 20, 2017, 04:02:08 PM
Quote
MANILA, Philippines - The Bangko Sentral ng Pilipinas has approved the registration of two companies to engage in the operation of bitcoin exchanges as part of efforts to regulate the fast growing but potentially risky virtual currency industry. BSP Governor Nestor Espenilla Jr. said during the FinTech Thought Leadership Roundtable Series presented by FINTQ, the central bank has given the two companies the green light to operate bitcoin exchanges.

“They are local based but they have international roots,” Espenilla said. Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds. People could buy and sell bitcoins by tapping dealers or brokers or going to bitcoin exchanges.

Holders could also look for services or goods whose merchants accept bitcoin payments. Last January, the BSP issued Circular 944 laying down the guidelines for virtual currency exchanges. It is the policy of the central bank to provide an environment that encourages financial innovation while at the same time ensure that the Philippines will not be used for money laundering or terrorist financing activities and that the financial system and financial consumers are adequately protected.

Thus, the regulator recognizes that virtual currency systems have the potential to revolutionize the delivery of financial services, particularly for payments and remittance, in view of their ability to provide faster and more economical transfer of funds, both domestic and international, and may further support financial inclusion.

Read more about this here.

This is good news for the many Filipinos who are now into Bitcoin and others who can get interested of this cryptocurrency because we will now have two exchanges to soon open.

The Philippines is a rising economy and we have one of the most active people in the social media. We also have the burgeoning BPO industry and we have a good rate of people who are literate with the internet.

The market for Bitcoin here in the Philippines is growing and it can grow more once these two exchanges will open.
6448  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin supersedes Cash in the near future? on: August 20, 2017, 03:55:34 PM
Being the first digital currency to really establish deep and firmly in the market. Do you think in the near future Bitcoin will dominate our current currency?

You mean to say that in the future Bitcoin will overtake the use of the fiat money? Sadly, it can be nearly impossible to have that scenario given the way Bitcoin is progressing as a currency because many of its holders are not really using it just like an everyday money but speculating in its value. Now, it is acting now like the digital gold. We don't use gold to purchase anything everyday, right? But gold has a good intrinsic value...I think Bitcoin can be like this.
6449  Bitcoin / Bitcoin Discussion / Re: Will bitcoin value ever be overpowered by other Cryptos? on: August 20, 2017, 03:43:34 PM
When I hear other Crypto organizers saying things like "Our coins will overtake bitcoin" it makes me start wondering how possible that could be comparing the popularity rate of BITCOINS, years, market cap. and value bitcoin holds. So I ask, will bitcoin value ever be overpowered by other Cryptos?  

We are not all required to believe what others can be saying for or against any coin! of course, you should understand that most of these people are marketers and promoters (just like me hehehe) so there is always that tendency to exaggerate things to gain the attention or eyeballs needed. Just watch TV and you can see the same technique being employed. Nothing new here.

There is nothing to worry because there will no coming new cryptocurrency that can replace or overpower the mighty Bitcoin. There will be many attempts but all of them will fail, that I am so sure.
6450  Bitcoin / Bitcoin Discussion / Re: Is the North Korean government engaging in bitcoin mining? on: August 20, 2017, 03:20:23 PM
Nobody can be sure about it but if there is a government that is so freaking afraid of decentralization it must that demagogue regime right there in North Korea. However, the government can decide to make some business and invest in mining equipment since they know that many Chinese are doing it. Anyway, it does not really matter if N.Korea is into mining or not.
6451  Economy / Service Discussion / Re: How do you sign up for a Signature Campaign and what i need? on: August 20, 2017, 03:12:09 PM
Please make sure that you have a better rank before considering applying for any signature campaign. As stated by another reply above, be at least a Junior Member. You can be a Junior Member by regularly posting threads/replies in the forum and make sure you are wearing a lot of patience and some energy with some good imagination. Now, it is all worth it once you reached good ranking like what I have now.
6452  Other / Beginners & Help / Re: Multiple Sig Bounties on: August 19, 2017, 03:55:31 AM
Are we generally permitted to run more than 1 sign bounty at a time? More specifically, linking to more than one in our signatures.

Well, the answer is NO! It is not allowed and there is nothing we can do about it. We have to concentrate on only one bounty as far as the forum signature is concerned but for the social media campaign then it is heaven's the limit no problem with that. Right now, I am doing bounty for Blocklancer in my signature but so many promotions for my Facebook and Twitter accounts.
6453  Economy / Trading Discussion / Re: Can I gain an edge in crypto trading? on: August 19, 2017, 03:53:04 AM
You seems to know a lot already and you can easily apply them when you do cryptocurrency trading. Trading entails some form of discipline and without it it can really be a mess and making nice profit can be near impossible. I guess that you know what you are talking about. I am wishing you all the luck that you need in case you would really go and venture in cryptocurrency trading.
6454  Economy / Trading Discussion / Re: ₩(((((?newbie asking about tradding ?)))))₩ on: August 19, 2017, 03:45:36 AM
Beside in joining campaigns and mining I want to know if tradding is the one that will help me to earn big?  This is my first post here. Can someone be kind to help me. Can you explain it to me how it will work? How trading works?

There are so many online resources that can help you if you are really interested with trading cryptocurrencies. I do make trades from time to time but am not really an expert on this whole thing and there are times that I do create big mistakes resulting into deductions of my Bitcoin in my preferred exchange Bittrex.com. By the way, Bittrex is the most newbie-friendly exchange there is so I am recommending that to you.

And last but not the least...please change the way you are putting your headline of this post...that is just adding to the clutter of this forum. It is the responsibility of all forum members to make this forum as clean and as spam-free as possible...because we are all benefiting from this. Thanks.
6455  Economy / Trading Discussion / Re: What is the Biggest problem you have with trading / exchanging? on: August 19, 2017, 03:42:14 AM
Hi . Well I have lots of problems by trading altcoins and exchanging . For example if I would like to get some profit and I bought that coin for a low price , that coin can go more less and stay at same price for weeks , even months . But trading is not like gambling , you are not going to lose all Smiley just a bit from your funds , but also the price can grow up and get some profit. Also you need to be careful before exchanging , there are lots of sites who have big fees for exchange

Well, I think all people who are not yet expert in trading would be feeling the same thing. When we do act based on what we feel and see then there can be a big possibility that we can be wrong! This is why good traders are not using their emotions in doing their craft and they always have basis based on charts and information before making any move. Alas, we are not really experts on this field though of course it is good to learn and try our best from time to time.
6456  Economy / Scam Accusations / Re: OmiseGo airdrop SCAM, do not fall for it! on: August 19, 2017, 03:39:39 AM
I am sorry for what happened to you. I guess you are not alone because I have been a victim of hacking too...I think I lost round 5 Ethers in my account in myetherwallet.com. I don't know what really happened because I usually do not just click any link and I never send anybody key to my account. I guess we really have to be super careful all the time. As for me, there is nothing I can do but accept what happened as part of being involved with this online thing. It is really sad to lost something we know we earned for.
6457  Bitcoin / Bitcoin Discussion / Re: How this picture makes you feel ? on: August 19, 2017, 03:33:54 AM
I understand what you mean and all of us can be feeling this way, actually. There are people who really invested a lot in Bitcoin and yet looking at the chart they feel that they could have invested more. Ahh, such the trappings of human nature. We could never predict precisely what can be, that is why everything is also a gamble. The best thing to do is to start today and never look back as tomorrow is definitely coming nobody can stop it.
6458  Bitcoin / Bitcoin Discussion / Re: If you could give "past you" advice what would it be?? on: August 19, 2017, 03:31:29 AM
I want to be talking to myself here. You see, just like many of us here, I also committed many mistakes recently that seems to have contributed to my financial standing which is not really that good (though not also very bad). I guess the advice would be to never trust anyone who claims to be good at this and good at that as anytime that person can also commit mistakes and can be gone in an instant. And another thing is never invest in programs which are already proven not to be sustainable and can collapse anytime they be clear ponzi, revshare or pseudo-trading programs. I am still recouping all the money I lost right now.
6459  Bitcoin / Bitcoin Discussion / Re: Do bitcoins better than bank cards like debit or credit cards? on: August 19, 2017, 03:26:34 AM
In terms of security, I think Bitcoin is much better than any debit cards though they are also doing their best to protect their business and their names so that clients will still trust them. We already have Bitcoin-denominated debit cards now and they must be getting popular due to convenience and accessibility. Just search for them and find the one that can suit your needs and situations.
6460  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Somebody launch coinmarketcap.com's alternative cryptodark.com,what you think ? on: August 18, 2017, 03:13:32 PM
Cryptodark.com is alternative of coinmarketcap.com and developed for fulfilling core motives of traders.

Maybe they find the simple site of Coinmarketcap.com to be really lucrative as it is one the most known crypto-related sites ever and the people behind the site must be earning good money via revenues from advertising. Cryptocurrency enthusiasts all over the world are gaining in numbers and in popularity one day we can all be a major force.
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