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1  Alternate cryptocurrencies / Altcoin Discussion / What happened to altcoin today (July 10, 2018) on: July 10, 2018, 08:36:13 AM
Is anyone telling me why today altcoin prices are dropping so much?  Huh Huh
2  Economy / Trading Discussion / PHILIPPIN CENTRAL BANK APPROVES 2 NEW EXCHANGES on: July 09, 2018, 09:35:20 AM
The Philippine Central Bank has approved the application of two new exchanges , bringing the total number of lawful exchanges in the country to five.

Philippine central bank Bangko Sentral ng Pilipinas (BSP) has approved applications for two new exchanges, Business World reported yesterday.

BSP central bank governor Chuchi G. Fonacier said the Philippines allowed the two exchanges, Virtual Currency Philippines, Inc. and ETranss are entitled to exchange from the Philippine Peso to other coded currencies. Besides the two exchanges, the Philippines has previously paved the way for three other trading platforms: Rebittance, Inc., Betur, Inc. and BloomSolutions.

The central bank is aware of and appreciates the potential of money in minimizing costs and transaction time; However, the Philippines remains cautious about the risks of currency such as abnormal exchange rate fluctuations, illegal underground transactions and network security issues.

In the past, BSP has considered the options for these two exchanges to register as an e-money issuer because of the nature they only offer electronic wallet services to customers. However, the Bank's internal advisory body opposed this option and proposed to set up a registration process that would allow businesses to provide electronic money-related services, including e-money and e-money. -wallet

Mr. Fonacier emphasized: "We are revising the law ... If the business model of an e-wallet business, the business must meet some additional requirements, not necessarily or automatically posted. Sign the license for e-money. "

Philippine Central Bank, electronic money exchange, virtual currency, BSP, electronic wallet

Meanwhile, the Anti-Money Laundering Committee announced that it would closely monitor the number of transactions in the attempt to stop the money stream. Businesses will be required to report transactions they undertake or manage, as well as to report suspected transactions.

According to Business World reported, the transaction from the Peso to the number of currency dizzy. In the first quarter of this year, the two exchanges registered about $ 36 million per month.

In April this year, the Philippine government announced that it would allow 10 blockchain companies and proceeds to operate in the Cagayan Special Economic Zone. Jobs are expected to create more local jobs in exchange for tax incentives. The Cagayan state government also required companies to invest at least $ 1 million over two years and pay a $ 100,000 business registration fee.

Last November, the Securities and Exchange Commission of the Philippines said it was considering legalizing the currency as a type of stock. Following this move, BSP officially recognized Bitcoin as a legal payment method in early 2018.

Philippine rulers are making progress in opening up new blockchain technology and its products - money. Nevertheless, careful consideration is needed in this phase as the blockchain technology has not yet fully utilized its advantages in the areas of life; And e-money is still affected by speculation rather than the proper functioning of what is considered "money."
3  Economy / Trading Discussion / MANAGEMENT OF INVESTMENT FUND on: July 08, 2018, 09:04:01 AM

Fund management is the work of professional investors, always ready to adhere to the principles of financial survival. Traders are new to the profession and more careless in the transaction. In the financial world there is a good term to use "crescent", if you lack the knowledge of Crypto, you will easily become a "tongue" and of course the market is "

DIFFERENTIAL NUMBER 1: MANAGING THE FUNDS TO DO NOT INTO THE ORDER _TRADER ALWAYS LOOKING FOR THE ORDER

Traders often have high demand on orders because they think that the more orders, the more likely to make money. The truth is that the more orders, the greater the cost burden and the margin of return will be minimized. Too many orders hurt trading psychology and make mistakes are not worth it. A fund manager will always ask, "Is there anything else that I should not order? "If there is no reason to stop them from entering the order. And once they are in, they are completely convinced of their decision.

DIFFERENCES NO. 2: LEADING ROOF MANAGEMENT IN RISK MANAGEMENT _TRADER CONCERNING PROFITS

This is a very important difference. As a trader focused on profit seeking, it is easy to assume that the risk is too high to make a big mistake. While the Governing Board is about the safety of capital as if it is its survival. It would be better not to go into command and wish that he had entered the command rather than commanded and wish he had not entered.

DIFFERENTIAL 3: MANAGING THE FUND FOR THAT IS NOT CONFIDENTIAL FOR TRADER SUCCESS FOR A PERFECT SUCCESS SYSTEM WILL SUCCESSFUL

Fund managers focus on discipline and maintain consistency in trading strategies. This is because they produce consistent and sustainable results over the years. Traders always think that if they find the "Secret Key" or "Formula Success", they will change their lives. Therefore, they constantly change the method and never tamper with a certain method. As a result, their results are not consistent and the traders are always in a state of dissatisfaction with their results.

DIVISION 4: MANAGEMENT OF THE FUND UNDER THE ORDER CAN ALSO CAN ALWAYS BE ALLOWED IN THE ORDER AND NEVER WANT TO RECEIVE

The truth is, no matter how effective your strategy or indicator is, the probability of winning a mathematical order is 50-50. Fund managers understand this so they always cautiously put a proper cut for every order. Understanding that every order is likely to lose, so managers never risk more than they planned for any reason. Traders are excited when they see a sign on a beautiful order, satisfying all their intertwining indicators and the trader thinks that this is an unbeatable opportunity. With that in mind, traders often risk more than the risk tolerance. Sometimes they even bet their entire account on a command to gouge out losing orders. They do not understand that there is nothing in the market, even if an order they say "can not lose" is still lost.

And you see, in the current downtrend market, anyone can become a "tongue". Why not ?
4  Economy / Speculation / My identify on BTC the coming days on: July 07, 2018, 04:25:33 PM

BTC 7/7

Before I thought BTC to 6k7 area will have adjusted to 6k2. At present, BTC price is still the same as I think

On the 4h frame, the divergence caused the correction of the board price slightly decreased the day before.

Currently the signal lines taken and kjjun cut down, chikou cut the price line plus the thick and flat clouds are attractive to the price.

Predicted within 48H price BTC will return to the area 6k2-6k3 before turning on the area 6k9
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