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861  Bitcoin / Bitcoin Discussion / Re: Are We Dead Without China? on: October 07, 2017, 09:56:09 AM
China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.

In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.

So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.

It's like "they don't really know what hit them" scenario. Banning Bitcoins will not affect the cryptocurrency world or even weaken the solidity of bitcoin because i don't think Chinese owns the biggest percent of Bitcoins in the market. Yes they can ban Bitcoin forever but doesn't stop BITCOIN. Though bitcoin suffers a major downfall on that action by China, still, "The currency for the people" has its value skyrocketed once again and that its value may even reaches 5K USD before this year ends.
862  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: October 07, 2017, 09:30:53 AM
I like BITCOIN since it is digital and since it is digital, it's safe from being robbed physically. Its transaction is also secure since it uses military-grade cryptography.
Every transaction is also recorded in the public record or ledger called the "blockchain".

And lastly, it is decentralized which means it has no government affiliation or autonomous and has no banks because itís based strictly on peer-to-peer technology.
863  Economy / Speculation / Re: what you think about bitcoin in like 5 years? on: October 07, 2017, 08:59:09 AM
bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

Hard forks are inevitable and it will always will. Without it, a digital coin won't survive. With that being said, Bitcoin will lasts and i think it is designed infused with 100% longevity in the cryptocurrency world.

And if i see it in the next 5 years, its value will triple and will be a million worth in the next decades and will always dominate the cryptocurrency world.
864  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: October 07, 2017, 08:38:23 AM
Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on.

What's your way of spreading Bitcoin knowledge? Smiley

Videos are the best way to go. People are too lazy to road wall of texts about convoluted technical stuff. Andreas Antonopoulos videos are a good way to share some basic knowledge on bitcoin. I also like Trace Mayer interviews where he makes some good points.

So yeah, share videos because if you think the average person will bother to read the whitepaper you are dreaming.

I'm into social networking site like FB. That's when i joined social media campaign in one of the bounties i found here around and my friends started to noticed that i've been posting unusual in their sight. They asked me about what i am posting recently and that's it.

Either way, your medium of spreading Bitcoin knowledge is amazing.

Cheers!
865  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: October 07, 2017, 08:23:39 AM
Maybe in the future if bitcoin will be legalized in all countries around the world. But pros and cons will always be there too.
Just think of those people who are not techie especially the oldies. Maybe they could not buy what they want if they go to a store alone without a techie companion.
866  Bitcoin / Bitcoin Discussion / Re: Who can destroy Bitcoin ? on: October 07, 2017, 07:45:08 AM
Call it termination, destruction or whatever may be, nothing can destroy Bitcoin except its creator.
But Satoshi Nakamoto is nowhere to found and that means Bitcoin will remain for centuries to come and will always dominate the cryptocurrency world.
867  Bitcoin / Bitcoin Discussion / Re: WHY OWNER IS HIDING on: October 07, 2017, 07:33:33 AM
Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

My theory would be that he's fearing for his life in the sense that someone would like to copy the algorithm that he used in Bitcoin. Or maybe he's afraid that someone gonna forced him to make a prototype of his cryptocurrency and order him to destroy Bitcoin in exchange of his life.
868  Economy / Speculation / Re: Bitcoin won't live to see the next 10 years on: October 07, 2017, 07:26:55 AM
Quick Disclaimer:
1. I'm not here to support any shitcoin.
2. We're all gathered here because of bitcoin, so it's hard for me to see it fading way.

Bitcoin was designed not be fully anonymous since transactions were open permanently for the public to view.
Authorities and security agencies were able to trace the bitcoin owners based metadata and transaction pattern, history and so on.

Some developers understand this issue and they go ahead to create some new altcoins which they are fully anonymous by implementing new hashing algorithms on their very new altcoins such as Dash, Monero, Zcash and Zcoin.

So why the bitcoin "hard fork" instead of updating the original bitcoin core?
Forked coins like BitcoinCash & BitcoinGold are moving from ASICs to GPU mining for faster transactions, why not BTC?
Why not update bitcoin mining algorithm to Equihash (zk-snarks) like Zcash and the next upcoming Bitcoin Gold BTG? 

Instead of updating the original bitcoin core to have more secure and fast transactions with lower xt fee, yet making hard forks!
I think hard forks will soon kill the original bitcoin.
 
What do you think, huh? Share with us what you think. thanks Smiley

I agree with this because despite the hard forks the mother of all cryptocurrency has encountered, it will always survive and will always will. I can't see it gone in the next 10 years but i see its value to balloon over a million each.

We may all gone but this long term cryptocurrency remains.
869  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: October 07, 2017, 07:22:09 AM
You can invest 1/3 of it to bitcoins, the other 1/3 to trading and the remaining 1/3 at the bank. But i think it's more profitable investing in bitcoins since its value is surging high despite it fluctuates sometimes. The risk is there but it's always a win-win situation at the end of the day.
870  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ★★★ [ANN][BTCG] Bitcoin GOLD | AIRDROP | (WAVES token) ★★★ on: October 06, 2017, 05:24:01 AM
Hope this one goes like eBTC airdrop. Hoping for the best. Good luck and thank you!
871  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AIRDROP][BOUNTY] Libre Bazaar: A Decentralized Anonymous Marketplace on: October 04, 2017, 08:01:27 AM
This is my airdrop key: LBxtik8i2AbPg9vhEeaWGTSneeq6

Thank you.
872  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PoW/PoS][Scrypt] BitcoinStake - Premined. 100% Free Airdrop Distribution on: October 03, 2017, 04:29:09 PM
Thank you bitcoinstake! That's really quick airdrop. I received 1,000 BCS!
873  Bitcoin / Bitcoin Discussion / Re: What if another altcoin surpasses BTC in value? on: October 03, 2017, 12:49:00 AM
Leave it like that then. So be it. But i don't think Bitcoin's value that time will be too low compared to the coin that surpasses its value and i don't think that i will be selling my bitcoins just to have the more valuable coin in the market. But it will be a good idea to invest that new coin instead rather than selling my bitcoins that i have so I'll be keeping my bitcoins and hold it as long as its value keeps on rising that time.
874  Local / Pilipinas / Re: mahirap ba ang pagbibitcoin? on: October 02, 2017, 04:10:37 PM
Kung sasagotin ko ang tanong mo sa kasalukoyan, YES ang magiging sagot ko kasi the more na tatagal ka rito, mas marami ka na rin malalaman. Pero noong una ko pa lang dito, di ko talaga alam kung ano ang gagawin kaya't nagbabasa na lng ako ng mga threads para sa mga beginner kung ano ang dapat gawin at kung pano rin kumikita kahit newbie ka pa lang dito.
At kung sasagotin ko naman yan sa mga lumipas na panahon, then i would say NO kasi mahirap naman talaga pag bagohan ka pa lang sa isan'g site.
875  Local / Pilipinas / Re: Ano ang importansya nang bitcoin para sa iyo ? on: October 02, 2017, 04:02:42 PM
Napaka importante po sa akin ang bitcoin o yung mga alternate coins kasi parte na sya sa buhay ko. Sa pamamagitan nito, matutulongan ko rin ang aking pamilya sa mga gastosin sa bahay at isa yan sa mga nakikita ko sa hinaharap. Sa ngayon, alternate coins pa lang ang naipon ko pero icoconvert ko na rin yun sa bitcoin pag available na ang coins na naipon ko sa market.
876  Local / Pilipinas / Re: Nakakajoin ba kayo sa Telegram group? on: October 01, 2017, 02:48:20 AM
Talaga'ng gumagamit ang mga company ng telegram or slack para sa komunikasyon ng bawat miyembro ng gropu nito. Medyo nalilito ako nito noong una kasi nung sinabi ng bounty na bisitahin ang telegram group nila, sinasabing hindi raw maview ang group kahit may nakainstall na na Telegram application sa laptop ko. Pero nung tinitry ko'ng iinstall ang Web Telegram, dun ko lang naopen ang telegram group nila. Smiley
877  Local / Pilipinas / Re: Papano mag karoon ng coinwallet? kakajr.member ko lang po kase on: October 01, 2017, 12:58:18 AM
Anyone can have and get a coinwallet. Wala naman po'ng requirement na rank para kukuha ka ng wallet. Ano po ba wallet na gusto mo sir? Kadalasan kasi sa mga campaign dito, Ether wallet po hinihingi so you can go here para makagawa ka ng Etherium wallet mo. Kung gusto mo nman ay Waves wallet, pwede ka rin dito. I think namimissed mo ang opportunity na sumali sa mga social media campaign nung newbie pa lang ang rank mo.

Anyway, good luck po sir.
878  Local / Pilipinas / Re: What makes BTC Forum worth-joining? on: September 30, 2017, 06:56:18 PM
Isn't it very interesting to think that you can earn bitcoins here without even paying a centavo for the registration? Bitcointalk also offers new jobs and opportunities for those who don't have any work yet.
879  Local / Pilipinas / Re: madami ka bang natutunan ng dahil sa bitcoin on: September 29, 2017, 09:55:31 AM
Opo kasi dito ko nalalaman ang kalakaran ng bitcoin cryptocurrency at sa iba pa'ng mga alternate cryptocurrencies sa buong mundo. Natutunan ko rin kung pano hati hatiin ang aking oras sa trabaho ko sa opisina at dito sa forum na ito. Dati halos magdamag ako nakababad sa Facebook at di alam na pwede pala ako kumita sa pamamagitan ng mga social media campaign na pwede mo salihan dito sa forum na ito.
880  Local / Pilipinas / Re: Bitcoin na! Naging bato pa Napunta sa ibng btc address 3rd party wallet problems on: September 29, 2017, 09:44:55 AM
Wait po. Sumali ka po sa sugal tapos Coins.ph ang gamit mo para sa wallet mo? Naku po sir, magkakaproblema po tayo jan kasi nasa terms and agreement po ng coins.ph yan sa pagsignup mo na bawal ang anuma'ng uri ng sugal galing ang btc mo. Mas worst pa po kasi sabi mo inireklamo mo pa sa tech ng coins.ph ang hinaing mo. Siguro dun ka sa betting site nagreklamo sa hinaing mo.
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