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7261  Bitcoin / Bitcoin Discussion / Re: Whale transfers 1000 BTC from Bitstamp exchange to External wallet on: October 14, 2019, 01:05:57 PM
It might not necessarily be a purchase but just transferring of funds from an exchange entity up to an individual's wallet. Or it could be someone trying to wash away the tracks/origins of their coins that's why they sent it to Bitstamp then out into the open again. 1000BTC is a lot of coins in today's standards, though not that big in comparison with other whales in the ecosystem. Nevertheless, this movement will not trigger any substantial price movement anytime soon, as it is still considered as a drop in the ocean of bitcoin.
7262  Economy / Gambling discussion / Re: What will be the Faith of Casino business owners? on: October 13, 2019, 07:24:14 PM
Governments heavily benefitting from gambling activities on their soil would not be rash and ban it just because majority of the people living there believes in a religion that prohibits any form of gambling. Anyway, Bangladesh might even reconsider this knowing that gambling is a multi-billion dollar industry and might even save a few lives from poverty. The amendment is still being reviewed though it’s likely that the decision would be in favor of banning it, though knowing how persistent people are when it comes to such, I don’t think it’ll even matter if the ban comes into full effect or not. People will still gamble if they want to, that’s for sure.
7263  Economy / Economics / Re: Fiat currencies on: October 13, 2019, 06:42:13 PM
Ask the leaders of a lot of countries that hold USD as one of their reserve currency and perhaps you’ll get a straightforward answer to your questions. USD remains the strongest simply because a lot are still pegged to the dollar, and a lot of countries are still keeping USD as reserves together with gold. It has become the standard currency used for international trades and purchases which makes it a more fitting currency for the global scene. It’s just a matter of time before the USD gets overtaken by something else, and the EU, together with China are doing their absolute best to be at the top of the chain of fiat currencies.
7264  Local / Pamilihan / Re: {Babala}: Mapalinlang na website na gamit ang crypto trading on: October 13, 2019, 05:52:27 PM
Another good reason bakit hindi tayo dapat magrecycle ng usernames at passwords sa iba’t ibang online accounts na meron tayo. Kadalasan dito nadadali yung mga taong nahahack at nawawalan ng balance sa kani-kanilang mga account: through phishing links and applications na dinadownload na hindi galing sa trusted sources. Good catch kabayan, at meron na namang mga ine-email galing sa mga hindi lehitimong source tungkol sa banking information (BPI) na kanina ko lamang nareceive. Might want to look on that din lalo sa mga mahilig magsubscribe sa mga newsletters sa kung saan-saan dyan.
7265  Bitcoin / Bitcoin Discussion / Re: What happens to the miners' reward coins? on: October 13, 2019, 05:09:12 PM
I don’t think one service can really know the motives of their buyers, nor exchanges know what will the buyer do with the coins, but I’m pretty sure one can always look as to where would the coins end and from that we can draw a line.  As for the miners, most large firms are capable of storing coins for as long as they can knowing that they have the $$$, though if things get tough, pretty sure they are doing OTC trades to not really move the markets that much.
7266  Bitcoin / Bitcoin Discussion / Re: Every tiny piece of Bitcoin is worth it! on: October 13, 2019, 04:42:05 PM
Every single bit is needed in order to make a whole and this applies to everything, including bitcoin. Back in 2015 when bitcoin was at its low after the 2013 ATH, I spent 0.1 BTCs like it was nothing on dice and casinos. Fast forward to 2019, that same 0.1 BTC is worth $830 at the time of this writing, which made me regret spending it out of curing my OCD in seeing extra digits on my wallet. Had I known that bitcoin would go on and rise towards the moon, I wouldn’t have been careless and actually tried to save those coins that I lost in gambling.
7267  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin address reuse concerns apply only to spends/outputs? on: October 13, 2019, 09:29:35 AM
It’s actually just the obvious privacy concern and nothing more. With the sheer amount of possible address combinations in the address space using RIPEMD-160 (2^160) for bitcoin, it’s totally advisable to just use change addresses for each transaction in order to mask up one’s origins for their funds. Collision is also highly unlikely for bitcoin, so why be so conservative and not use new addresses for each transaction anyways?
7268  Alternate cryptocurrencies / Altcoin Discussion / Re: Teams showing real faces to public can still scam you on: October 12, 2019, 08:04:33 PM
Some of these faces are not really from that of the developers but instead, some paid actors who are used by these dev teams in order to cover up their real identity. While Bitconnect is a clear exception of this, which led to most of their executives being arrested and facing prison time, still some are out in the open even though their faces are posted on the internet. I don't really trust ICOs that contain images and names that are not verifiable using multiple sources which could not be paid by any private entities/individuals. Those dev teams who do are usually in it for the long run and not just until they hit the exchange and dump the coins.
7269  Alternate cryptocurrencies / Altcoin Discussion / Re: Concentrate more on the technology and give less attention to price value. on: October 12, 2019, 07:39:48 PM
Let's face it: even though most altcoins are rehashed versions of previous altcoins, there are still some interesting developments that it has made for the past years. Just for example, privacy coins, smart contracts etc. Those were not deemed as something that's necessary for cryptocurrencies but we're s till making use of them in ETH, Monero, Dark and the likes today. These exceptional coins gave rise to some useful tech that we are taking advantage today, but sadly though most people still see these as get-rich-quick vehicles due to the massive pumps and dumps these coins are being a part of due to countless rich lads who have nothing to do with their money but still wants to get more.
7270  Bitcoin / Bitcoin Discussion / Re: Alt coins better or stable during bitcoin lot of movement on: October 12, 2019, 07:19:34 PM
I don't think bitcoin is to blame for the poor performance of altcoins. Alts may be priced in satoshis or in bitcoins but during normal market conditions, the interest of the people is what drives the prices up or down, with bitcoin not affecting any of those movements. While I agree that during bull runs most of the funds are pouring to bitcoin and not alts, we still see an increase in most of the alts despite their side of the market being dead or dormant at the time being, primarily because some people are still doing trades independent of what's happening with bitcoin.
7271  Local / Pamilihan / Re: Mapanlinlang na emails na matatanggap mula sa akala nting kakilala on: October 12, 2019, 06:41:54 PM
Wait lang, kahit naka-sign up ka lang sa mga sites posible na agad mangyari ang mga yan? o kailangan muna mabuksan kung ano man ang ipapadala ng mga scam websites? Hindi naman yata maapektuhan pc mo kung naka-subscribe lang yung email address.

I don't think na possible na makapagsend ng malware kung nakasubscribe ka lang sa mailing list nila. Usually phishing attempts lang naman ang nagagawa sa ganyan, at walang script ang nararun unless mag click ka ng link doon sa mismong email or may attached file. I could be wrong though but for the last 20 or so years na exposed ako sa computers, wala pa akong nabalitaan na nakapagspread ng malware without even opening the mail/attached file so safe pa rin naman kung i-unread lang yung mga yun.
7272  Economy / Trading Discussion / Re: Bittrex closing late Oct? Does anyone know more? See article. on: October 12, 2019, 06:03:24 PM
Rebranding doesn't really take a lot of from the previous site. Perhaps some of the front-end stuff, along with other legal papers would be changed but closing/shutting down the whole service and recreating a new one? I don't think so. Also, they haven't sent any emails regarding the said closure of Bittrex, and if this is really a serious stuff then for sure they want all the bases to be covered and all blog posts to know it  so as not to lose customers and potential patrons.

I advise everyone to not really believe this until further notice comes from the official Bittrex team themselves.
7273  Alternate cryptocurrencies / Altcoin Discussion / Re: Power belongs to the investors, they are not to be toyed with on: October 12, 2019, 05:26:09 PM
That's why the devs shouldn't be playing around with their peers as they can utterly change the destination of where the project/token is heading to. Without the primary investors, a project wouldn't be able to get the boost it needs and would not kick off without the primary funding. The moment the token/project receives sufficient attention from the investors/peers is the moment it takes off and hits the road map. Sadly though, some dev teams are still assholes about it and the moment their token reaches exchanges, they dump and leave the project behind.
7274  Bitcoin / Bitcoin Discussion / Re: A Community With No Libra, Bakkt, ETFs and Institutions on: October 12, 2019, 04:48:20 PM
People have learned to know that bitcoin is a useful tool for profit-making, and have since abandoned bitcoin's primary ethos of being decentralized and away from financial institutions and governmental controls. It's as if we chose to live in a compromise for the sake of having to keep something growing in our wallet while opposing the government's control. But yeah, even if we don't have the aforementioned institutions in the ecosystem, bitcoin would still grow into where it is right now, just not at the rate that we reached everything currently.
7275  Bitcoin / Bitcoin Discussion / Re: Bitcoins accumulated by institutional investors on: October 12, 2019, 04:21:20 PM
Or it could be that a lot of exchange platforms are diversifying their assets into different hot and cold wallets in order to minimize the risk of having their balances emptied in one fell sweep. But yeah, it's not really a secret that every time the price falls, loads of people are buying bitcoins in order to gain some profit, though the reason why the richy rich are keeping them in one huge chunk is still unclear.
7276  Bitcoin / Bitcoin Discussion / Re: Why it is important to lose Bitcoin to an incorrect wallet address on: October 12, 2019, 09:37:57 AM
It’s not only the experience gained by the user, but also to the fact that whatever is lost cannot be recovered, and if the address is no longer used or owned by anyone, it adds up to the lost coins which therefore increases the scarcity of bitcoin which, in theory makes it more valuable. And just like what you said, this forces people to have this sense of carefulness whenever they deal with crypto and bitcoin so as not to lose funds that are important to them.
7277  Economy / Service Discussion / Re: How to bypass KYC methods? on: October 11, 2019, 06:00:42 PM
There really isn't any way to bypass KYC in any service. They are doing extensive background checks on every info that people are submitting to ensure that no one is faking it, and no one will have the liberty to use their service into something malicious and illegal. You'll end up facing much more problems if they found out that you have submitted fake info and they could forward it to your local enforcement agencies. I suggest that you just undergo the normal KYC processing and get done with it, or use any other service that does not require one.
7278  Economy / Gambling discussion / Re: How to be profitable in sports betting? on: October 11, 2019, 05:13:05 PM
First and foremost: you gotta learn the rules of the sport. You don't necessarily need to play it in order to know it well; just knowing how it is played and who plays it well and accordingly would help you get the much needed knowledge you have to have in order to post your first wins. H2H of the best teams too would give you a rough idea on how they play, and then compare your predictions to other established tipsters then draw a line from there. It's really not that hard to win much on sports betting. You just have to know the game, how it's played, and the teams and how they play.
7279  Local / Pamilihan / Re: Bakit kailangang magingat sa application na pinapainstall sa mobile? on: October 11, 2019, 04:18:56 PM
Add to the fact na hindi natin alam kung anong data ang ini-snoop ng mga apps na ito sa ating phone. Gaya na lamang nung mga sumikat na application, yung FaceApp na nagsesend ng personal information, contacts etc. tungo sa isang server sa China. Sa panahon ngayon kung saan privacy ng isang tao ay nabebenta na online, kadalasan ito ang kinukuha ng mga apps na dinadownload natin kung saan saan. Meron pa yung mga adware kung saan lalabas ang mga ads para kumita ang developer nung app, at isa ito sa mga pinakanakakaasar na malware na maaaring dumapo sa ating phone.

Luckily naka iOS ako, at hindi pa ako nabibiktima ng mga ganto sa iPhone.
7280  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you sell your entire crypto right now with 500 percent profit? on: October 11, 2019, 03:54:52 PM
This is a no-brainer. I'd sell my crypto right now if the yield is 500%, only if I have more or less $100,000 crypto holdings in my arsenal. I'd still try to take a peek in the market sometimes though by then I may have started another venture in the outside world. I already have a stable business going on thanks to my bitcoin and other crypto holdings from 2015 - 2017. Long-term I'd still hold bitcoin, but if I have been presented with that opportunity, I'd take that in a heartbeat and start anew.
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