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8281  Local / Altcoins (Pilipinas) / Re: Any USDT (TRC20) to fiat conversion within the Philippines? on: September 25, 2020, 08:30:46 AM
Pwede ka gumamit ng peer-to-peer platforms para makatipid sa fees(besides transactions fees, of course). Of course, pag ayaw mo ung mga listed na presyo, pwede ka rin gumawa ng sarili mong buy/sell offers. May sarili silang escrow system para iwas kalokohan, pero syempre ingat parin.

8282  Other / Meta / Re: Why do everything security related gets posted in 'Beginners and guides'? on: September 25, 2020, 06:09:53 AM
Sure newbies are the target, problem is we never consider the fact that newbies who actually join the forum for discussing or developing a good rapport with other members are few only they are going to visit that section. 99% of them are new alts made to join the bounty spamming cesspool.

Sure, that's a pretty safe assumption. But does it mean that we should actually stop trying to educate the minority that are actually interested in learning(and not spam bounties)? I don't think so. Ignore the bounty spammers and let them do their bounty things on the bounty sections, and let's just continue to try to make this space better for the real bitcoiners.
8283  Other / Off-topic / Re: [Question] MiUI security on: September 25, 2020, 06:00:33 AM
Xiaomi and MIUI might probably not be the best in terms of security, but chances are, you'll be totally fine as long as you don't do something stupid like save your wallet's recovery seed on your phone or install random APKs that you download on shady websites or something similar. In the first place, in my opinion, security still mostly depends on the person using the device.

As for privacy, that's another topic. I have no data or proof to show you, but I'd automatically be skeptical with Chinese products when talking about privacy(because CCP). You're free to install custom ROMs with potentially better privacy though. I'm personally for iPhones and Android custom ROMs like GrapheneOS[1] and CopperheadOS[2](though unfortunately both ROMs are more for Samsung and Google Pixel phones).


[1] https://grapheneos.org/
[2] https://copperhead.co/android/
8284  Bitcoin / Bitcoin Discussion / Re: What the future holds for bitcoin on: September 25, 2020, 04:11:02 AM
Most people prefer using bitcoin as a medium of exchange.
I'd say it's mostly a speculative investment than a medium of exchange for most people, as the places where you can actually spend bitcoin is really minuscule.

Currently BTC has gone beyond bothers and has also made transactions safer and faster without much stress of converting from one currency to another.
It's really not. Bitcoin's safety completely depends on how knowledgeable the user is concerning security(which most people don't take seriously); and also, bitcoin's speed depends on the fees you're willing to pay.

Ultimately, I'm a bitcoin bull too, but it's a lot more healthier to be realistic when looking at Bitcoin's advantages and disadvantages, and not look at everything as a positive.
8285  Local / Others (Pilipinas) / Re: Pinakamadaling paraan ng pagconvert from PHP to BTC? on: September 25, 2020, 03:12:31 AM
Anyone here na hindi nagumpisa sa coins.ph? meron ba ?

Ako. Back in 2016 nakakapag "purchase" lang ako ng bitcoin through selling game items(RuneScape, DOTA2, CS:GO) for bitcoin sa mga ibang communities/forums. Early 2017 ko na ata nalaman ung Coins.ph dahil hindi pa ata nila masyadong minamarket nung 2016.
8286  Other / Meta / Re: Twice that my post has gone missing. on: September 25, 2020, 02:18:01 AM
The way I see it, chances are, it was being reported as "off-topic" because it literally is off-topic. In one of your latest threads, you just made it bitcoin related by mentioning bitcoin donations(if my memory serves me right), in which, asking for donations in Bitcointalk is pretty hit or miss.

I'm not saying that this project doesn't deserve the help and the publicity, but yea Bitcointalk just isn't the best place for something like this. I've known people that have found decent success using platforms like GoFundMe.
8287  Local / Pamilihan / Re: Ako si Dogie's Channel Hacked and became a Crypto Channel. on: September 24, 2020, 03:48:37 PM
I've said it a dozen times and I'll say it again: kelangan ma-normalize sa Pilipinas(at sa buong mundo in general) na matutunan ng mga tao ang internet security in general. Kaliwat kanan ang nasscam sa social media, kaliwat kanan ang na hahack na online bank accounts, kaliwat kanan ang nauuto sa investment scams, aaaand ito. The list goes on and on. Unfortunately sa case ng karamihan, matututo sila sa security(at sa pagseseryoso nito) in the hard way— pagkatapos nalang nilang mabiktima.
8288  Local / Others (Pilipinas) / Re: Pinakamadaling paraan ng pagconvert from PHP to BTC? on: September 24, 2020, 03:34:00 PM
I agree.

Kaso ang kadalasang nangyayari ay once na mag-invest na sila, tinitingnan nila palagi yung price kung tumutubo na ba or nalulugi sila, nagpapanic kapag bumababa yung price ng Bitcoin haha. Ganyan din yung sinabi ko sa kuya ko noon pero ilang araw lang at winithdraw na rin nya kasi baka raw malugi. Di naman natin sila masisisi kasi wala silang tiyaga pag-aralan kung ano talaga ang Bitcoin.

Yea, to be fair ano mang service o wallet ang gagamitin nila, kung wala talaga silang experience at kaalaman tungkol sa trading/investing, then chances are ganyan talaga ang kalalabasan. To be fair, back in 2016 ganyan rin naman ako umasta sa trading and investing kasi nag dive in ako without research.
8289  Bitcoin / Bitcoin Discussion / Re: What would happen if you invested a $1 in Bitcoin every day for 5 years on: September 24, 2020, 03:50:48 AM
You will have to spend too much time to really make money on this. You can invest $1 in anything and the effect will be about the same.


No offense but that's the dumbest thing I've read this morning. Try putting the same daily $1 on a failing business like GameStop Corp and let's see if the effect with be the same if you allocated the daily $1 on bitcoin lmao.

8290  Economy / Trading Discussion / Re: What actually makes a token pump? on: September 24, 2020, 03:43:07 AM
I think the reason for that is bitcoin price which determines the price for altcoins. When bitcoin gets bull, most altcoins too get some bull and if bitcoin goes bear, it will also affect altcoins  no matter the technology.

When thinking of altcoins in general(as a whole), it sure does mostly follow bitcoin's price to some extent; but obviously specific altcoins can also move up and down on their own, and based on OP's main post he/she was obviously talking about a specific one.
8291  Bitcoin / Bitcoin Discussion / Re: Finally, a Bitcoin ETF.... but in Bermuda on: September 24, 2020, 03:30:29 AM
Unfortunately, a crypto ETF, not really a bitcoin ETF. And taking a look at the index[1] itself..



I understand that it's an ETF, but it makes me cringe why they added these projects honestly.


[1] https://www.hashdex.com/en/index
8292  Local / Others (Pilipinas) / Re: Pinakamadaling paraan ng pagconvert from PHP to BTC? on: September 24, 2020, 02:59:50 AM
Kung "pinaka madali" ang pinag uusapan, talagang centralized exchanges through Coins.ph/Abra talaga ang pinaka madali; simply dahil focused sa pagiging "nooby-friendly" ang mga centralized exchanges kaya hanggang ngayon centralized exchanges parin ang ginagamit ng karamihan kahit na maaaring mas mura ang prices sa mga P2P exchanges.
8293  Other / Beginners & Help / Re: Merit is Not Earned By Luck, But Because of Your Efforts! on: September 23, 2020, 04:54:35 PM
Funnily enough, I don't think most plebs don't actually believe that it's because of luck. I think most of them actually knows that it needed effort. But not the good kind of effort though, the bad kind— that all they needed to do was to post and post and post in the hopes that someone would give them merit for their bland and uninformative posts; or worse, some even complain that they don't receive any merits but then you check their posts and all they do is post on bounty threads. 🤷‍♂️
8294  Alternate cryptocurrencies / Altcoin Discussion / Re: Less Volatile Coins on: September 23, 2020, 04:48:44 PM
If you want less volatility, you probably hold USD, but we definitely wouldn't call it "investing". With that said, I'd much prefer BTC, a currency that goes up and down all the time(that can be worth a lot more in the long-term), rather than hold fiat currencies like the USD that's pretty much guaranteed to go down in value slowly but surely.
8295  Economy / Scam Accusations / Re: Newbie Should be Careful When Received New Follower From Famous Bitcoiner on: September 23, 2020, 01:17:38 PM
Pretty common in crypto twitter. All you can do is to give both accounts a quick report to hopefully prevent damage to some people.

Report > They're pretending to be me or someone else > Someone else

8296  Bitcoin / Bitcoin Discussion / Re: What would happen if you invested a $1 in Bitcoin every day for 5 years on: September 23, 2020, 10:05:29 AM
Buy bitcoin on the daily sounds good in paper in terms of averaging for the long term, but it's too much of a nuisance. It's far more viable to do it weeky or monthly.

With that said, though some more experienced investors would prefer lump-sum investing, dollar-cost averaging(DCA) is still one of the best investing strategies especially for the inexperienced investor because you literally don't have to think about timing the markets. You just buy in anyway weekly/monthly regardless of what the price is.
8297  Economy / Trading Discussion / Re: What actually makes a token pump? on: September 23, 2020, 09:54:30 AM
Using this ideology in the case of DIA, what do you think is the problem with the downturn price in the market and they have partnership trooping in almost every week.

I literally know nothing about this "DIA" project, but one thing's highly likely: they're lacking in the advertising and social media department because "branding" and marketing in general is what makes coins pump in price. No matter how god-tier level a certain project is, if anyone barely knows it, there's a good chance that it wouldn't gain traction in terms of getting people to rush in and buy that certain coin/token.
8298  Economy / Trading Discussion / Re: What actually makes a token pump? on: September 23, 2020, 09:41:18 AM
Besides Bitcoin(BTC), fundamentals doesn't really matter that much in the cryptocurrency space. Basically, which projects pump in price completely depends on how much effort and money they throw at marketing their coin. 🤷‍♂️

..and this is assuming that certain projects actually has a good use-case and are actually legitimate. Which, most projects really don't have both.
8299  Bitcoin / Bitcoin Discussion / Re: New breed of bitcoin investors? on: September 23, 2020, 03:42:16 AM
There is no complicated rule when someone tries to invest in bitcoin. They only need to spend money and make a wallet to save their bitcoin. Comparing to some institutional investment place meaning there is a party who manages it bitcoin is easier than them, so I'm not weird when bitcoin has been accepted by most countries there will be many new investors who come.

Maybe it's regardless of whether they know the ins and outs of bitcoin or not or maybe they just rely on luck because there is a lot of interesting information about investing in bitcoin. But perhaps when they get lost they will find a way to redeem the lose that has spent because of the carelessness they had made themselves.

It's definitely not complicated if you're just going to buy bitcoin through services such as Coinbase and Cash App and just leave the coins in custody. On the other hand, if you actually want to have self-custody over your coins and at the same time not exposing your identity/privacy, it's definitely complicated.
8300  Other / Beginners & Help / Re: [Guide] Domain/Hosting Services that Accepts Bitcoin on: September 23, 2020, 02:52:49 AM
I'd personally add in Vultr[1] in the hosting category. They accept bitcoin(unfortunately through BitPay smh), and I've never had problems with them for years. It was my first choice in the past and up to this day I have no reason to switch hosting providers.

P.S. Just a proud user, not affiliated/sponsored.


[1] https://www.vultr.com/
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