I think it is possible for old people to use BTC but an important requisite for it to happen is their interest towards this subject. If they truly and willingly want to learn about the fundamentals of cryptocurrency, then they would most certainly understand and use it on their day-to-day transactions.

One problem might arise if you force these people to learn, especially if they show signs that they are not interested about it. Again, investing is not for everyone and some people prefer their respective methods of investing their resources.

If you know someone who is interested, then teach them personally so that they could see concrete examples of its application.

I actually do not understand on how "no bet is a waste" considering the risks that are involved with it. I mean, okay- you decide whether you want to bet or not but if you lose, the chances of you betting again (thereby increasing your losses) would increase. The natural response of a person is when they feel that they hit a loss, their initial reaction is to bet again.

I do think this kind of mindset supports addiction perse in a way that it gives false hope on every bet. As OP mentioned, there is this chance of winning (e.g. lotto winners who bet, etc.) but if you suddenly stop, then how would you recover all those losses that have incurred?

I agree with this, OP. Pero sa totoo lang, minsan kasi it is easier said than done given na madami ding tao ang nag iinvest na napakalaking amount ng BTC. This means na ang slightest movement sa price could equate to a profit/loss of thousands to millions of pesos. Kaya more than this, dapat may contingency plan talaga para hindi masyado manghinanayang.


Totoo din ito, OP. Though minsan may mga nag sasabi na maganda mag invest ng ganitong oras, etc., mas maganda pa rin kung i-babase mo yung decision mo to invest sa sarili mong sikap at research. If nakikisabay ka lang sa mga ginagawa ng tao, para kang nag-iinvest sa hangin.


Sabi nga daw nila, the sharpest of blades are created in the strongest of fires. Kaya kapag nag invest ka and napansin mo na bumagsak, gawin itong experience para ma-iwasan mo ulit yung ganitong sitwasyon. Kada invest mo, natututo ka din talaga kaya maganda rin itong aral for the long-run.

Good question- this is something that I have been personally debating whether to reveal the private keys to my children (though it would be complicated); or to assign it to someone who is trustworthy enough to reveal it to the kids once they reach the age of majority (or at least the age where they could understand it). Both decisions have their respective pros and cons, especially on the latter, as it is difficult to look for someone whom I can trust completely.

If I were in that position, I would take 70% of my BTCs and convert it to cash so that I could allocate it in a different investment (e.g. stocks, estates, etc.). From there, I would invest the remaining 30% as BTC and put the private key in a safety deposit box where they could have access in the future. I do believe that once they attain the age of majority, their knowledge would help them decide on what to do with it.

I find it too impulsive for people to claim that investing in BTC is the same as investing in Ponzi. It is like you are saying that investment in general is a scam since you use money as the currency for it.

I guess this is one of those instances where these kind of people bring down the image of BTC. Given their current status celebrities, their influence extends to people who are also not familiar with BTC, thus ultimately discouraging them to even attempt to try it.

I am curious, however, is there some institution that can sue for defamation. Better, is it possible to sue for defamation given the public outburst they made in spreading false information about it?

With the rise of the popularity of online gambling casinos, people are taking advantage of this situation in order to elicit illegal activities. From what I know, in the Philippines, gambling company will not be operated if there are no corresponding licenses provided by the government. In addition, there must be some law allowing the privilege for the use of such franchise or operation of this gambling casino, which makes it relatively difficult for people to operate here.


I agree with you. This space is relatively new especially that its popularity started during the covid pandemic. The government started to realize that majority of the people preferred to gamble online. That is why, they have to strengthen their regulations against money laundering and other similar illegal means.

I definitely agree with you. To be honest, I find it crazy that people tend to gamble on a platform which is known for being scripted in the first place. With this in mind, personally, I find it more difficult to bet on this kind of platform since the result may be more-or-less be unpredictable.

If that were the case, I would try to bet on a fight that is scripted but I will never wager an amount that is considerably high. I might try my luck just to see if the information that got leaked is genuine, but more than that, I would just try it to experience it.

This is one of those instances where banners and promotional ads attract users in order to gain traffic from this gambling website. Without any of these promotional ads, these gambling companies would struggle to gain traction from its users. Also, as a pre-requisite to this given bonuses, these people must abide, follow, and register on their gambling website. This also follows that they have to agree with their conditions (e.g. KYC, information, etc.).

I do not think that these banners are "useless" perse like what you mentioned OP. Again, the purpose focuses on gaining attraction and users are not compelled to follow these certain TNCs in the first place.

Actually, ito yung pinaka selling-point ng GCrypto- given na madami nang gumagamit ng GCash, ginawa nilang convenient sa pag-transact nito. Imagine, almost lahat ng businesses and establishments ngayon tumatanggap ng GCash. Since nasa app itself yung GCrypto, sobrang convenient na mag pasok ng pera dito and mag HODL ka for long-term.

Though narinig ko nga na mataas ang transaction fees dito, use this app as a secondary source for HODLing BTC and not your main platform when it comes to trading/investing.

Participating in signature campaigns requires you to impart your knowledge in multiple areas. Generally, these campaigns require you to post "x" number of times in a given week. If you are able to meet the required quota and other stipulations, you are rewarded weekly with a payment of BTC, which increases as your forum rank gets higher.

Of course, the competition is significantly tough in these campaigns as there is no shortage of good and quality posters coming daily.

If you truly want to participate and at least get a competitive edge among your competitors, you must be able to possess a good post quality. This includes your grammar, construction, and other knowledge in the cryptocurrency field that makes the manager choose you as their participant.

This story is certainly wholesome! The fact that his age does not stop him from betting and attempting to learn about cryptocurrencies warms my heart. But it also sends a message to everyone that age cannot hinder our goal in striving for success. Given that your dad is interested in this kind of technology, for sure that ht would be able to grasp and understand the basic fundamentals of BTC.

Personally, I tried convincing my mom in investing at least a certain amount of BTCs but she quickly dismissed the idea. She understood that it was risky, but she does not want to experience such risk with her money. Instead of investing, she focuses her attention to our needs and essentials.

To be honest, betting with a friend (or using his money) is deceiving in a way that he might give you permission. In the event that you do incur a profit, expect that your friend would at least receive the lion's share from it. But the moment that you lost your friend's money, expect that he would definitely ask for you to pay it- to the point of even breaking your friendship.

Betting/gambling is highly addictive and potentially dangerous especially when you are dealing with relatively high amounts of bets in a given process. There is that chance that you might win big and you might turn a $1000 bet and double/triple it, but the risks are too high for me to even consider betting that kind of amount.

House edges were designed in order to at least give the online gambling company the "edge" when it comes to the bets. Given that gambling is a double-edged sword, this somehow guarantees that the odds are on their side in order to avoid them from going bankrupt. As well all know, these gambling companies are businesses- in which their primary focus is the earning of profits.

In order to counter this, some reputable companies explicitly mention the percentage of their house edge in order to keep the advantage on their side. Of course, the players are free to choose whether to continue or not but this is what keeps these online casinos alive and profitable.

I would just continue to gamble just like any other normal person would do. The processes behind creating your own online casino is relatively difficult and complex, which requires a significant amount of investments for operations and advertisement. Not to mention, it must also be designed in a way that the edge would be on my side, as all online gambling companies are considered as "businesses."

If I truly want to maximize my resources, I would definitely venture into businesses that are completely different from gambling (e.g. stocks, investments, etc.). Remember that even by creating this gambling website as a part of an investment, there is always that risk of me losing. I do not want to gamble my investment and resources in a way that the risks are too much for me to handle.

I am actually guilty of this currently- majority of my BTCs that I receive from my campaign are going towards my personal expenditure. Technically, I feel somehow numb about this but as soon as I remember the time when I first started (1 BTC = $4,000-$5,000), I realized that the potential of BTC increasing its price is soon.

To be honest, I just want to break this cycle of converting my personal BTCs to my local currency as soon as I receive it. I just want to stop and HODL my BTCs for future use so that I could maximize their value in the long-run.

Personally, saving your backup means having at least some copies for you to take care off. I remember, some were against having it posted on any social media in the event that it gets hacked, but I do think that putting it on a random e-mail can be relatively safe and secure.

If you are truly worried for its safety, then buy a safety deposit box and store all the necessary and important documents there. In addition, if you are married, telling the seed to your wife and giving her a copy can also be a way for you to store your backups. But at the end of the day, you should weigh all the pros and cons before you keep them in a specific place.

Definitely pwede talaga magamit ang cryptocurrency dito sa bansa. First of all, pwede ma-integrate ito sa services where tatanggapin ng mga establishments ito as a way for alternative payment. In addition, pwede din mamaximize ng tao ang cryptocurrency kung madali sana makapasok dito- pero nagiging sobrang counter productive ito dahil sa napaka strictong requirements na ginagawa ni coins.ph.

Though madami din naman exchanges na at least "user-friendly", when it comes to convenience kasi, coins.ph talaga ang lamang. Pero hopefully one of these days, mas lalong matanggap ng gobyerno ang cryptocurrency dahil mas madami ang positive effects nito kesa negative.

I definitely agree with you. The problem with gambling stems from its destructive and risky nature where no guaranteed income can be experienced. Sure, there may be some professional gamblers who make this as a living but compared to them, they are like the top 0.1% gambling players that can do that.


That is true- playing gambling as a way of earning is something that is almost impossible to do without any huge capital on your end. Not only do you have to consistently replenish your funds, but you also have to risk all the odds against you. That is why, it is truly impossible to make gambling as a way of living and earning.

I definitely agree with you- the wagering requirement was designed in order to prevent any fraud or any illegal activity from happening in their gambling website. If it has been discovered that a gambling website removes this kind of restriction, not only will they be facing dire consequences but their whole operation would be force to shut down.

OP, if you are struggling in finding a gambling website, then you can always try and check reviews under this forum. Personally, I would go and invest my time on a gambling website that has an active campaign signature because it heavily implies that they are working hard on their reputation, along with funds allocated for such purpose.

This is what I find ironic- Stake if not, is one of the most popular gambling platforms out there but there are a lot of concerns and problems being posted on this board. Given with what they can achieve (e.g. hiring Drake as their brand ambassador), they should have at least put security as their main priority and focus in this aspect.

In addition to this, OP has been one of their bigger spenders in the platform. I truly wish that Stake should address these concerns carefully and with haste. While I do understand that there may be some issues, they should prioritize their customers feedback and concerns more if they want to retain their loyalty of players.