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1  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: September 29, 2017, 03:50:27 AM
bitcoin is the first, and it is the one that started everything in crypto, it's the more safe and more developed, i think the other coisn need to prove to be worth more than bicoin not the opposite, there is still a chance to have a better coin in the future, but there are chance to develop bitcoin even more covering the hole and make it the ultimate cryptocurrency, also right now it's a very good safe heaven
First, Bitcoin become one of the most power industry/market in the world. Bitcoin can provide good future to people and to the society. Bitcoin also may help a country to develop it's economy status and may contribute a source of fund to government to make more project that will help the countrymen to have a success future.
 
2  Bitcoin / Legal / Re: do bitcoin gambling sites need gambling licenses? on: September 25, 2017, 01:52:35 PM
am new to forum, I currently use mainstream sites like betfair but as looking to gamble my bitcoins but wondered if dice sites etc need a licensee, and should I steer clear of ones that don't?
Do Bitcoin Gambling Sites need Gambling Licenses? Of course it is needed to have license the gambling sites of Bitcoin for the reason that it will not consider as illegal practice  or act of others that will face certain punishment by the law. Legal gambling sites of Bitcoin will not offended the law and will not face some punishment. Therefore, it is needed to have a license for gambling sites of Bitcoin for the reason that it will not consider as illegal act.
3  Local / Others (Pilipinas) / Re: Hindrance ba ang pagiging estudyante kapag gusto mong kumita dito? on: September 24, 2017, 01:35:31 PM
Baguhan at estudyante pa lang kasi ako, may epekto ba yon sa pagsali ko dito?
May balakid ba kung mag-aaral ka pagkatapos gusto mo kumita? Sabihin ko saiyo nakadepende sa iyong paraan iyon. Ganito lang iyan. Turuan kita. Alam mo ba iyong salitang "time management. " Kung alam mo iyan ay maswerte ka. Alam mo kase ayan yon paraan para hindi maging balakid ang buhay mag-aaral para kumita ka. Ganoon lang iyon. Maglaan ka ng oras sa Bitcoin gayundin sa pag-aaral mo. Parang ganito, 70 percent ng oras mo sa pag-aaral pagkaraan naman yong 30 percent ay sa Bitcoin. Ayon lang mga ka-Bitcoiner. Sana maging tip para sainyo. Maraming salamat  Smiley
4  Bitcoin / Development & Technical Discussion / Re: Bitcoin transaction time on: September 20, 2017, 01:57:13 PM
Can we please do something to speed up transaction time and the high transaction fees?

This is getting absurd. I just spent $10 USD to send $7500 but my fee was too low. It may take a week for my transaction to process. Who knows. I should have spent 3x that figure to get processing within 1 hour ($30). With that same fee I could have just used a wire transfer from a bank online and it would have been just as fast as bitcoin. The selling point of bitcoin is that it was supposed to be 'better' than traditional banking services. It's not.

IMO, the following things need to happen.

#1) Block time decrease from 10 minutes to 1 minute. (and decreasing reward by / 10 per block)
#2) Difficulty readjustment period from 2016 blocks to 720 blocks. (2 difficulty readjustments per day with the decrease in block time from #1)
#3) Apply a system of master nodes where there are 10,000 nodes that receive an equal split of 1% of all bitcoins generated. (Comes out to about $200/month at current USD rates, enough to pay for a dedicated server or colocation space to host the node in a good environment almost anywhere in the world.)
#4) Reduce the amount of read/writes to disk on a bitcoin full node. I stopped running a full node because it lags everything else my computer tries to do. Not because of the disk space it consumes.

We just went 50 minutes between blocks as I was writing this!


Bitcoin is not necessarily "better" than traditional banking services, if you choose to compare it by cost and speed of transaction. But it is an alternative currency with a lot more advanced features and controls that banking does not typically offer, some miles better.

I do think you're right to say that speed and cost must cater to average Joes like us but rest assured, things are being done to improve the network, just as banking had to increasingly improve theirs.

However, you do realise you only paid slightly more than 0.1% of your transaction as fees, don't you? Had you spent $30 as you said, it would still have been 0.4%. You'd be lucky to find an international wire transfer that would cost you only $30 to transfer in one hour, or a remittance service charging you less than 0.4%.

Also, average block times are still about 10 minutes, the way it was designed. As I am writing this, it was 15 mins between blocks, and I've easily seen three blocks within 10.

I think the Bitcoin transaction time is 10 minutes per post. But to make sure that your Bitcoin account will avoid the block is to make sure that your time interval is range from 30 to 45 minutes in every post that will you make. You must remember that when your Bitcoin account is block, it is hard to get it back. As a simple reminder, make a post in every 30 to 45 minutes to avoid blocking you Bitcoin account. And last, make a table of time for you to assure that you follow the correct interval time of posting in Bitcoin.
5  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: September 13, 2017, 01:49:27 PM
Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.
I agree that about the idea of "Bitcoin Bank", why? Less hassle to go in bank to deposit or withdraw.
6  Economy / Economics / Re: How can we make more money? on: September 07, 2017, 01:34:58 PM
What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
How to make more money? Find a job that has high salary. Invest money on trusted business. And last, learn some strategy in bitcoin that will give you knowledge on how gain more money.
7  Local / Others (Pilipinas) / Re: May limit ba ang pag post dito sa bitcoin? on: September 02, 2017, 02:15:29 PM
Sa isang araw may limit ba ang pag post ?
Meron po sabi ng nagturo sa akin. Kailangan may interval kada post mo kung ayaw mong matawag na spamming o ma-ban ang iyong Bitcoin account. Dapat may sundun mo lahat ng rules para manatili ang iyong account.  Smiley
8  Local / Others (Pilipinas) / Re: Newbie Welcome Thread on: August 22, 2017, 12:22:07 PM
first blood ko to, magandang araw po sa lahat,, pa guide po sa mga masters dito. im trying to build my account for campaigns at tumitingin na rin sa mga bagong pagkakitaan dito,, sana palarin ako dito... Grin Grin Grin
Sa mga beterano po sa Bitcoin Smiley, paturo po kami mga master! Hello po sainyo. Sana po maging kagaya po namin kayo. Turuan po sana ninyo kaming mga baguhan lang para po maging kagayapo namin kayo sa susunod. Pagkaraan po noon ay aming tutulungan ang kagaya namin sa ngayon. Kaya sa mga beterano na po diyan, turuan po sana niyo kami. Salamat po sainyo! Mabuhay tayo mga bitcoiners  Grin
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