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1  Local / Pamilihan / Coins.ph new policy? on: September 19, 2021, 04:49:25 PM


Ako lang ba ang nakakakita ng ganitong notice sa coins.ph app kada makakareceive ng crypto transactions? Napupunta ang transaction sa isang tab at tina-tag ito as 'pending.' Hindi ko pa nasusubukang galawin yung nareceive ko pero mukha namang pwede pa rin siyang gamitin kahit papaano. Ang hindi ko lang maintindihan e kung bakit kailangan nating ibigay ang identity ng sender ng mga transactions natin. Papano kung hindi talaga natin alam kung sino ang sender at wala tayong alam sa kahit anong basic info sa kanila?

Oras na ba para maghanap ng panibagong alternatives sakaling may consequences ang hindi pagdedeklara ng kung sino ang nagsend ng transaction? What are your thoughts mga kabayan?

2  Economy / Economics / David Rosenber: Bitcoin is in a 'massive bubble' on: December 19, 2020, 08:49:45 PM
Quote
Economist David Rosenberg told Bloomberg he believes bitcoin is in a bubble and investors don't understand supply dynamics of the cryptocurrency.
"You speak to most people that are asking me to put money in bitcoin, they can't even tell you who the person was that developed it or even how it's actually mined," the Rosenberg Research chief economist said. "It's just a classic, follow-the-herd, extremely crowded trade. It's in a massive bubble."

Bitcoin reached a record high of $23,777 on Thursday shortly after topping $20,000 for the first time ever on Wednesday, marking a 20% gain over the past day. The cryptocurrency is now up over 200% year-to-date, but Rosenberg said the chart looks "absolutely crazy right now."
Bitcoin's rally comes as several institutional investors and fund managers place sky-high predictions for the coin. On Wednesday, Guggenheim's global chief investment officer, Scott Minerd, said bitcoin will surge to $400,000 based on its scarcity and value relative to gold.

Though Rosenberg raised his doubts about the scarcity of bitcoin and the thesis that only 21 million bitcoin are able to be mined. 
"Everybody seems to believe that we're going to get to that 21 million cap on the supply constraint, but there's really nothing in the protocol to suggest that the supply of bitcoin can't go up once we hit that limit," the economist said.
While investors do know about the supply curve of gold with certainty, Rosenberg said that investors just "think they know" but don't really know about bitcoin's supply curve.

He added that the last time bitcoin behaved with such a "speculative fervor," it suffered massive disappointments in the months to follow. Bitcoin bulls say that 2020's rally is different because of the institutional inflows.

From: https://markets.businessinsider.com/currencies/news/bitcoin-price-bubble-david-rosenberg-supply-mining-cryptocurrency-outlook-record-high-2020-12-1029903485

It is important to note that Rosenberg identified the housing market bubble in 2005 right even before things started going south in 2008.

As experienced as Rosenberg might be in the field of economics, I don't think he grasps the idea of a hard-coded limit for bitcoin's supply. He might be right that we will never know what holds bitcoin's future should 21M coins be mined, but those values wouldn't even be achieved in a hundred years literally. Also, its specified scarcity makes bitcoin's value stand where it is, and if someone is going to change it just because it does not meet the need of people around the world, its price or valuation would be severely affected.

Stay in the path of centralization and easy-to-control assets for too long and you would really practice distrust on, and undermine decentralization and its concept. For more than a decade, no substantial changes on the max supply cap and other things connected to it has been made, plus no kill switch for bitcoin and its entirety is ever present to raise such questions IMO.
3  Economy / Economics / The Rise of Biotech Firms: Moderna's 'fast-tracked' Success on: May 19, 2020, 12:17:42 PM
Quote
Moderna skyrockets 39% after its early trial of a coronavirus vaccine produced antibodies in all 45 patients (MRNA)

  • Moderna announced on Monday that all 45 patients in an early trial of its coronavirus vaccine candidate produced antibodies that could help protect them against COVID-19.
  • Shares of the company surged 39%.
  • The company is aiming to have a vaccine ready for emergency use in the fall.

Moderna soared on Monday after announcing that an early trial of its coronavirus vaccine candidate produced positive results.
Shares of the pharmaceutical company surged as much as 39% in premarket trading in New York after it said that all 45 volunteers in the trial produced antibodies that may help protect them against COVID-19.
The phase-one trial was conducted by the National Institute of Allergy and Infectious Diseases, part of the National Institutes of Health.

Moderna is aiming to have a vaccine ready for emergency use in the fall — a timeline that has never been seen for vaccine development. The company hopes to soon start a mid-stage study of the vaccine candidate after the phase-one trial and move to a late-stage trial in July.
Moderna is one of a handful of pharmaceutical companies whose shares have skyrocketed during the coronavirus crisis as they race to develop drugs and vaccines to prevent or treat COVID-19. The pharmaceutical company had gained 241% this year through Friday's close.

Source: https://markets.businessinsider.com/news/stocks/moderna-stock-price-positive-vaccine-trial-results-antibodies-coronavirus-covid19-2020-5-1029210803

--

While other companies focused on other ventures continue to tank, stocks of pharma and biotech firms continue to rise as people see the immediate need for a vaccine against SARS-CoV-2. While some firms are busy concocting the drug against COVID-19 such as Gilead Inc's remdesivir, others are focused solely on getting the formula right for a vaccine such as Moderna Inc. On Monday, the biotech firm announced its positive interim phase 1 data for its mRNA vaccine (mRNA-1273) which ultimately boosted investor confidence on the company releasing the vaccine before the year end. If the second phase of human trials shows yet another positive results, we probably have the vaccine made and ready, with Moderna reaping the benefits of its success.

There are still some rooms for failure for Moderna's vaccine, but for the mean time, people are waking up and trying to put some money on an industry that has long been neglected by the wealthy elite and the average Joe's alike. Perhaps in 2020 we will see a trend wherein biotech firms outdo other companies in terms of stock performance, or as long as there is the threat of COVID-19 lingering around every corner.
4  Economy / Gambling discussion / Las Vegas Mayor Wants to Re-open Casinos. Thoughts? on: May 02, 2020, 04:55:27 PM
https://www.youtube.com/watch?v=_B0kjCboHVA

In this interview of Anderson Cooper to Las Vegas' mayor Carolyn Goodman, the head of the city insists that the Vegas should re-open the casinos and restaurants for the welfare of its people. Especially those depending on the said establishments in order to get some money to feed their family. While the reasoning for the city's reopening is with good intention, the reasoning isn't sound and clearly done due to the urge of emotion. Anderson even went so far to ask the mayor if she would be willing to stay every night on casinos wherein the workers and the gamblers would be staying just to prove that she is 'with them' in their plight against coronavirus.

If the persistence of the mayor proved to be worthwhile and the city reopens, would you, as a gambler, be willing to get inside one of the many casinos and play there?
5  Local / Others (Pilipinas) / Mga may pera sa stocks, kamusta? on: April 20, 2020, 08:34:31 PM
Sa ongoing economic crisis na kinakaharap ng buong mundo, halos lahat ng stocks ay apektado. Umabot pa nga sa punto na negatibo na ang presyo ng krudo sa US dahil sa sobrang taas ng supply at kakulangan ng demand. Bagama't ganito ang sitwasyon kaliwa't kanan, napapaisip lang ako kung mayroon pa ba sa'tin dito ang may positions na open sa stock market? At kung ganon, anu-anong companies ito at bakit? Sa ngayon, 40% ng assets ko ngayon ay cash, at ang natitirang 60% ay ibinili ko na ng bitcoin/ETH. Yung natitirang pera sa aking BPISec at COL financial accounts ay kinuha ko na rin kahit lugi na ako, at isinugal ko nang lahat sa bitcoin/ETH.

Mayroon ba ditong nagsi-share ng ganitong sentimiyento? Malakas lang ang loob kong gawin ang ganitong move dahil sa kasalukuyan ay wala naman akong ginagastos o binubuhay na pamilya. At hindi naman kalakihan ang aking life savings (separate pa sa savings para sa negosyo)--pero hindi ko iminumungkahi na gawin ninyo ito. Napapaisip lang talaga ako kung may mga gumagawa pa rin ba ng mga galaw sa stock market kahit hirap nang huminga ang ekonomiya ng buong mundo?
6  Economy / Services / [FOR HIRE] Filipino/English Translation Service | ANN | WHITEPAPER | ETC on: December 02, 2019, 05:25:55 PM
Good day folks. I'm offering my services as a translator to some of your content to cater to our Filipino audiences. The rising number of Filipinos engaging in cryptocurrencies and other services surrounding the niche is on the rise, and you don't want to miss the possible interaction and/or contribution of the Filipinos into your service/project/etc.

For anyone interested, send me a message and we can discuss further.
7  Local / Pamilihan / Small-time tech shops accept Bitcoin as payment on: September 27, 2019, 06:28:49 PM

Nakita ko ito nung isang araw sa bandang Parklea, isang terminal ng mga jeep sa Mandaluyong habang naghihintay ako sa susunod kong meeting. Nakakatuwa na may iilan na sa ating mga kababayang tech ang nagsisimulang tumanggap ng bayad gamit ang bitcoin, at marahil eh meron din sa ibang tech centers sa Pinas at hindi lamang dito. Mabuti na may iba na sa kababayan natin ang namumulat sa posibilidad na bitcoin na ang ipambabayad at hindi na physical cash at credit/debit cards, ayun nga lang ay kaunti pa rin ang kaalaman ng karamihan sa ating mga kababayan tungkol dito.

Nevertheless, magandang simula pa rin kung tutuusin!
8  Other / Meta / On Post Bursting and Other Facets of the Term on: September 18, 2019, 02:54:23 PM
This just came across my mind the other day as I was browsing the regular boards of this forum and found some users within the same board, replying to every topic in a short span of time. A few moments after that, on a different child board (under Alternate Cryptocurrencies), I see this particular user replying to some topics in a short span of time as well, albeit in a constructive manner. Perhaps this may have been discussed for many times now but I can't seem to find a topic here on Meta solely talking about the different facets of the term. So, if one user happened to reply on many topics in under 30 minutes, with constructive and helpful comments, would that still be considered as spamming/post bursting or no?

It occurred to me as sometimes, I open a topic, see another one on a different board, construct a reply to those topics and then forget about submitting reply (due to being occupied by other things at a time) and come back to it. What are the campaign managers' thoughts about this and the community as well?
9  Economy / Services / Renting out my signature space on: August 16, 2019, 05:39:26 PM
Willing to rent out my signature space, avatar and/or personal text. I usually do 30-60 posts/week on various boards.

I may reject some offers, including but not limited to:

  • A personal propaganda towards something/someone in this forum (hate campaign).
  • Obvious HYIP services.
  • Other potentially scam services.

Kindly send me a message and we'll work something out.
10  Economy / Economics / A Public Market is Turning 'Cashless' in the Philippines on: November 28, 2018, 04:13:12 PM
'The new Marulas Public Market in Valenzuela City is the first-of-its-kind ‘DigiPalengke’ initiative in Northern Metro Manila where an entire marketplace is equipped to accept mobile cashless payments.'

https://pia.gov.ph/news/articles/1015376

--

This is quite interesting since even a public market where most of the time common folk buy their everyday needs is accepting digital payments. While this is not entirely related to cryptocurrency, it's as if the people are slowly seeing the convenience and security cashless payments offer to their everyday lives. For years, scan-to-pay stores are just confined within the walls of malls and luxurious places but it seems that we're slowly bringing it to the masses and eventually, it will be the norm to pay only with our smartphones and pre-loaded accounts--and in the future, possibly even cryptocurrencies.
11  Economy / Service Discussion / Coins.ph Suspended Accounts? on: September 21, 2018, 10:28:14 PM
As we all know, coins.ph is one of the most trusted bitcoin exchange in the Philippines, and they've remained at the top since 2014. However, after 4 years of doing business with them, they decided to ban my account fully due to some connections with 'fraudulent activity' on my account. I've skimmed on all the transactions I have on that wallet since 2014, and I haven't seen something suspicious, though there are some transactions that came from an online betting platform from 2015 which, according to a circular from the central bank issued @ 2018, is illegal since online betting was banned in the Philippines. Knowing that there really isn't a clear definition of what 'bitcoin' is in the Philippines, why would the platform immediately ban the account?

Has anyone experienced the same thing? Their customer support's replies were bland, and no further information were given as to why they disabled the account, but I'm inclined to think it's because of those transactions I have with an online betting site which served as a payment for some brief works. Just a heads up to people out there who use the said platform, never try to withdraw bitcoins on gambling sites directly to your coins.ph account.
12  Local / Altcoins (Pilipinas) / Bitcoin Cash supporting NAASCU local league? on: September 20, 2018, 06:39:49 PM


Saw this awhile ago on one of the local games in NAASCU. Directly involved ba ang bitcoin cash sa mga local games? One of my friends asked me what the hell is bitcoin cash and after quite some time explaining it, medyo nalito siya pero gusto niya yung idea ng decentralized currency kaya now, nagreresearch siya tungkol dito. One thing I like about this is it brings cryptocurrency closer to students by asking what is it, and hopefully mag-research sila lalo regarding the said topic as our society is gearing towards a blockchain-powered systems and services alongside cryptocurrencies being recognized in the world.

It's just amusing to know that a local collegiate league for sports is somewhat connected to a cryptocurrency, but the connections with it as of now is kind of unclear to me. Next time, susubukan kong itanong kung anong connection meron ang NAASCU sa BCH Grin
13  Economy / Services / ● dothebeats' Campaign Management Services ¦ Looking for work ● on: November 06, 2017, 06:17:25 PM
Wanted to run your own ad campaign but you don't have the time to do so because you're engaged in managing your services?

Tired of having spammers/low-quality posters on your camp that doesn't even deliver on what they pledged yet getting paid from your pockets?

I can help you manage your campaign and provide excellent service to you and your cause!

Just hit me a private message and we can discuss the terms. I can provide outstanding service with a pretty reasonable cost since I'd also like to help you out.


I'm always online in this forum or you can also message me through here.



I'm looking forward in doing business with you and helping your service/cause gain followers and possibly customers. Smiley

A little disclaimer: I don't support HYIPs and Ponzi Schemes and neither will I accept any offers from such sites.



● Current Campaigns Running ●



● Previously Handled Campaigns ●

14  Bitcoin / Bitcoin Discussion / NYU's 'dean of valuation' says price is justified if it's used as a currency on: October 26, 2017, 05:05:41 PM
New York University professor of corporate finance and valuation Aswath Damodaran believes that bitcoin is more of a currency, but isn't yet practical to be used as one. He argues that 'bitcoin is an asset and not a currency and as such, you cannot value it or invest in it; you can only price it and trade it.'

"I think the better path for bitcoin is to actually make it a digital currency, a currency that you and I can take on our travels and use actually to buy stuff and sell stuff. If that happens, then I'm OK with the pricing, If that doesn't happen, I don't see how bitcoin can have the staying power of gold. It could be just another fad. Another digital currency could replace it,"

Source: https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html



It's a good read; an expert in the field of investments and valuation speaks up his own mind about bitcoin's current state and believes that the cryptocurrency is more of a currency rather than an asset as what most people deem it to be today. Interestingly, he added that the price would be okay and justified if the coin is used widely for domestic transactions and other trades similar to what fiat can accomplish.

Every single day, more and more people on the financial institution are giving out their thoughts about bitcoin and its recent boom. Is this an indicator that bitcoin is slowly getting the attention from the financial magnates and be another reason for yet another astronomical gains or are these institutions just riding bitcoin's short stint of glory to promote their own cryptocurrency (in the future) subliminally?
15  Other / New forum software / Remotely Terminate Account Session on Another Device on: October 21, 2017, 03:48:52 PM
Is it possible to remotely terminate another device's session on bitcointalk that's using the same account? I noticed that I can login with my phone and PC simultaneously and also post with the same device at the same time. Would this feature be added on the new forum software? In this way, users can track where are they logged in and to possibly know whether their account is compromised by looking on their active session history. It might be a cool feature to add in the future tbh.
16  Other / Meta / Problems changing avatar on: October 14, 2017, 09:56:37 PM
I'm trying to change my avatar but every time I upload a new image, it keeps on returning back to the former image I used. Tried clearing it up first and uploading a fresh one, still it won't work. Am I missing something or is there something wrong with avatars again?
17  Bitcoin / Bitcoin Discussion / Kenneth Rogoff, former IMF economist says "Bitcoin price will collapse" on: October 14, 2017, 03:04:20 AM
Article: https://www.coindesk.com/ex-imf-economist-kenneth-rogoff-joins-bitcoin-will-collapse-chorus/

Kenneth Rogoff, Chief Economist of the IMF from 2001-2003 joined the ranks of CEO Jamie Dimon in predicting that the price of bitcoin is merely a bubble and will inevitably collapse. Rogoff, though somewhat amazed by the underlying tech of bitcoin, still thinks that due to government pressure, bitcoin would not be allowed to flourish significantly due to it being a suitable vehicle to carry out illicit activities compared to carrying briefcases full of cash.

Rogoff also stated his disapproval of the current moves of Japan regarding its cryptocurrency laws.



What Dimon and Rogoff were stating is true: bitcoin is inviting tax evaders and money launderers due to its decentralized and pseudo-anonymous transactions. AML and KYC regulations should be present and followed by all exchanges, and it could be a way to prevent illicit activities from happening, but not preventing it completely. This may be the reason why China and the US are still stubborn about talks regarding bitcoin.

What do you think about Rogoff's statements? Is he making a good point or is he only making things look good for the USD?
18  Economy / Exchanges / Coins.ph distributing BCC shares to users. on: October 13, 2017, 09:51:58 AM
I've received an email from coins.ph about 5 minutes ago and apparently they are distributing their users' share of BCC during the previous fork who haven't had the chance to withdraw their coins from the exchange. It was automatically converted to BTC though, but still was a good move from the said exchange. Has anyone received their share too? And are other exchanges that haven't supported the fork previously doing the similar move? Well, I just got quite a good amount for what they've done.
19  Other / Meta / Connection problems. Too many RTOs on: October 07, 2017, 11:35:47 AM
Has anyone here also experienced a slow, sometimes unresponsive bitcointalk? I've had this problem for well over a week now and I don't know what could be the root cause of it. I have 20 Mbit/s down 10 Mbit/s up connection and other sites load just fine but when it comes to bitcointalk, it always says it's busy or it doesn't send any data.

Ran a traceroute earlier and apparently too many RTOs before I get to bitcointalk. Is there a problem within the server or is it just my connection?

Code:
Tracing route to bitcointalk.org [34.206.81.205]
over a maximum of 30 hops:

  1    <1 ms    <1 ms    <1 ms  192.168.8.1
  2     *        *        *     Request timed out.
  3    88 ms    59 ms    58 ms  10.165.226.105
  4     *       48 ms    55 ms  10.165.197.181
  5     *        *        *     Request timed out.
  6    62 ms    73 ms    50 ms  122.2.175.125.static.pldt.net [122.2.175.125]
  7    63 ms    59 ms    58 ms  210.213.133.74.static.pldt.net [210.213.133.74]
  8    75 ms    53 ms    55 ms  210.213.128.29.static.pldt.net [210.213.128.29]
  9    43 ms    60 ms    58 ms  210.213.130.170.static.pldt.net [210.213.130.170]
 10    74 ms    70 ms     *     ae15-0-xcr1.hkg.cw.net [195.89.96.193]
 11   288 ms   282 ms     *     ae11-xcr1.lax.cw.net [195.2.8.33]
 12   222 ms   210 ms   205 ms  ae1-xcr2.lax.cw.net [195.2.8.138]
 13   272 ms   263 ms   249 ms  ae21-xcr2.ash.cw.net [195.2.2.154]
 14     *        *        *     Request timed out.
 15     *        *        *     Request timed out.
 16     *        *        *     Request timed out.
 17   408 ms   400 ms   384 ms  54.239.110.129
 18   389 ms   365 ms   363 ms  54.239.111.49
 19   355 ms   359 ms   348 ms  205.251.244.214
 20     *        *        *     Request timed out.
 21     *        *        *     Request timed out.
 22     *        *        *     Request timed out.
 23     *        *        *     Request timed out.
 24     *        *        *     Request timed out.
 25     *        *        *     Request timed out.
 26     *        *        *     Request timed out.
 27     *        *        *     Request timed out.
 28     *        *        *     Request timed out.
 29     *        *        *     Request timed out.
 30     *        *        *     Request timed out.

Trace complete.

Any advice would be greatly appreciated. I seldom use VPNs when browsing this forum and it's nothing serious but I think it's cool to let others know about this. Thanks.
20  Other / Meta / New spam: Steemit Links on: September 16, 2017, 09:40:00 AM
I wonder if anyone noticed the recent influx of posts that redirect to steemit in order to get views. I'm not against the platform nor against the posters but seriously, creating a click-bait topic and reading the OP without any useful information is annoying. Just recently there were two posts with a click-bait title, only to read the line click here to view the full post which really pissed me off.

To those users who do such things, try to create an impressive content and maybe, just maybe, you wouldn't resort into click-bait tactics.
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