Eh what about yung Abra at Binance P2P kaya?
Most definitely a lot less affected obviously dahil foreign companies sila. But then again, wag tayong masyadong maging confident. May rason kung bakit may ibang versions ng Binance(binance.us, binance.je, etc) dahil mas mahigpit ung mga states na un.
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Guess its time to use HW for safety purposes. Hopefully yung pag accept ng BTC ng Coins.PH is hindi sobrang mag mahal sa fees, pati ibang crypto na support nito. Para kahit papano makapagwithdraw padin instantly.
I mean, in the first place kahit kung hindi pa man mag-announce na maghihigpit ang BSP dapat dati pa sana tayong gumagamit ng hardware wallets(or non-custodial wallets in general) for security purposes lol.
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I understand that it is quite risky to trust other people's opinions when it comes to money. But it seems to me that the personal preferences of people can be useful in complementing my personal research. Perhaps if a person advises me to invest in something, it means that he receives (or is sure that he will receive) a profit from this. But yes, of course, I will not invest all the money based on the message on the forum, rather it will be as additional information that may be useful to me. I'm just getting started in this business, so I apologize if my questions seem stupid to you
Not because people "prefer" something it doesn't automatically means it will be a good investment. A perfect example being XRP, one of the most useless and most nonsense projects out there but yet it's being shilled by people as if it's the best thing ever.
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Posible bang hindi pa tapos ang correction o may iba pang dahilan ang pagbaba ng galaw ng presyo ng Bitcoin sa market? $31,000 na ang lowest ngayong araw at naisip ko tuloy baka bumaba pa eto. Kung sakaling bumaba pa siya sa tingin ko hindi na siya aabot ng below $30,000 kasi ang daming magandang balita na dumating tulad ng pag invest ng BlackRock sa Bitcoin daw. Sana totoo eto.
Pag bumili ang isang institutional company ng bitcoin, hindi nila ito binibili sa spot exchange gaya nating mga typical na tao. Sa OTC sila bumibili hence hindi natin agad agad mararamdaman ung effect sa price kahit na ilang milyong dollars pa ang ipambili nila.
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"Entities engaged in these activities will now be “subject to the BSP’s licensing requirements, regulatory expectations for money service businesses (MSB)” as well as AML, CFT, and PF obligations."
Probably safe to assume na hihigpit saatin ang local exchanges, as to be expected naman. Kaya sa mahihilig parin magstore ng lahat ng funds nila sa Coins.ph: not your keys.. you know the drill.
Wag na natin hintayin na kasing higpit na ng Coins.ph ang Coinbase.
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If you want self sovereignty, meaning you having total control over your money, then buying bitcoin(BTC) the asset is the way to go. That, and if you want to use it for transactions.
On the other hand, if you only want to take advantage of the supply predictability and future price rise of bitcoin, while you not wanting to bother with(or probably not intellectually capable with) learning how to secure your funds on a non-custodial wallet, then go with GBTC.
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No crypto trader/investor is going to buy Coinbase stocks,so your argument is pointless. Crypto traders and investors will keep buying cryptocurrencies,and Coinbase is just one of many competing platforms,where the investors can buy crypto coins.
Ehh, not really. As an investor, you can invest in both cryptocurrencies and stocks. It isn't necessarily one or the other lol, especially if you're more of an investor that likes to hedge risks by spreading out asset classes. In fact, I myself, a full-fledged bitcoin enthusiast for 5 years, have contemplated with investing in Coinbase's IPO solely for monetary purposes(depending on valuation, of course).
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If you're not willing to put in the work and do your research yourself, then investing and handpicking assets in general is probably not for you. The same reason why I wouldn't recommend you starting a business or getting a job in an industry you have no knowledge in.
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It will matter for the price. AND it will turn Bitcoin into an underground and little used tool. You can also say goodbye to 100% of any institutional and large buyers, killing the price in the process.
Sure, and I'm pretty certain that has always been a possibility since forever; heck, anyone who tried to think about Bitcoin's potential downsides as an investment could easily think of that. The question is, to what extent can a certain government "ban" it? Knowing that some institutional investors(that has a crap ton of lawyers, even from Blackrock alone), are already in, and are continuing to get in.
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Sure, the government banning(or specifically, illegalization, because they can't really "ban" it) Bitcoin is definitely possible. But saying that bitcoin's price will get "killed completely"? Sure a crash is likely to happen, but "killed" is probably over exaggerated. Although you might say this is only speculation, IT IS A FACT that these countries are working on cryptocurrencies of their own.
Yes, and it doesn't matter. It's decentralized vs centralized money, and Bitcoiners wouldn't move to a centralized cryptocurrency just because a government created one.
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Just a heads up: as spammers come back due to the bull market we're having(or have had), it became a hobby of mine to hunt for these spammers. And if you're interested, the Patrol feature of Bitcointalk is surely handy! https://bitcointalk.org/index.php?topic=5115990.0
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Accourding to me binance is absolutely perfect and safe where anyone can hold all of his funds without the risk of stoleing . I personally use binance but the another wallet which is safe for holding your funds is Coinbase wallet and also blockchain.com
😬 You pretty much just recommended the top exchanges right now(besides Blockhain.com). If you think exchanges doesn't have risks of your funds getting stolen, then you're very, VERY wrong. https://cryptosec.info/exchange-hacks/
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The "best" app to buy bitcoin with is mostly going to depend on what country you're on. Peer-to-peer exchanges are great though, just make sure to transact with reputable people:
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Bump ko ulit to since mukhang may mga tao paring main wallet ng panghold nila ng funds ang Coins.ph. I repeat, magandang serbisyo ang Coins.ph. Pero as a wallet for holding long-term? Custodial wallet = nope.
REMINDER: NOT YOUR KEYS, NOT YOUR COINS
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By the time account ranked up person might be death of no food allready Is any faster ways cmon... 15$ daily ? Even for that no easy ways ?
Provide a service for whatever you're good at. Web design, graphics design, writing, whatever, and get someone to hire you. Wages might even be a lot higher than what you're looking for if you're actually good.
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I personally haven't seen a single scam accusation of that wallet, but I know a person that was previously a user of that wallet and he complained of a good number of instances where Edge wallet was sort of "down" or something, with him being unable to view transactions through the app. Not sure if it was a problem on his side or Edge's side, but yea.
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What do you want to learn about this forum specifically? It's a typical online forum, just filled with passionate Bitcoiners just as there's other forums out there for other stuff like cars, bikes, succulents, Pokemon cards, and such. An online class is totally unnecessary; unless you want to learn specifically about Bitcoin? --> https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj
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Coinjoin programs such as Wasabi Wallet and Samourai are definitely great, but they cost quite a bit in fees. If you don't like paying fees(besides transaction fees), then mixers like ChipMixer are the way to go; whereas you can pay whatever fee(or donation) you want. P.S. Even if hackers can track your funds, they can't do anything with it anyway; unless they have control over your wallet's private keys. Heck, you can track Binance's[1] cold wallet that contains 90,000+ BTC. But you can't do anything since you don't have the private keys anyway.
[1] https://bitinfocharts.com/bitcoin/address/34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo
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Nope, you can't. When you buy from Coinbase, the funds are automatically credited to your Coinbase wallet; and it will be the same with literally any kind of exchange unless you transact peer-to-peer(without a exchange/service to mediate the transaction).
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I use coins.ph It is only for my country or base in the Philippines so I hold my bitcoin to this because I really trusted this because I used it more than 5 years from now and until now I did not have any issue in using this and I feel safe that my bitcoin is safe and easy to transact and convert bitcoin to fiat anytime that I want to do that.
I personally use Coins.ph as well and they do provide a great great service(it's pretty much Coinbase on steroids), but you know what they say.. NOT YOUR KEYS, NOT YOUR COINS. The only acceptable reason that you'd leave funds on a custodial wallet/exchange like Coins.ph is if you're literally not intellectually capable of grasping the concept of non-custodial wallets; pretty much if you're like age 40+ or something that doesn't know how to use a computer.
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