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441  Bitcoin / Bitcoin Discussion / Re: why some country banned bitcoin? on: October 27, 2017, 04:11:54 AM
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?

 Smiley I hope my quick research about this could help. Check the list below:  Wink

CountryReason of Ban
South America
BoliviaNot controlled by a government or an authorised entity
EcuadorEstablishment of a new state-run electronic money system
Central Asia
KyrgyzstanThe sole legal tender on the country is the national currency of Kyrgyzstan som
South Asia
BangladeshAnti-money laundering laws
         

       

   
442  Bitcoin / Bitcoin Discussion / Re: what is bubble? on: October 26, 2017, 09:35:00 AM
It's called a bubble when something is hugely overvalued. Usually this happens when lots of people are so excited about something that they put a lot more money into it than it is really worth. At some point, the market realizes that the actual worth of this thing is really a lot lower and people start selling it off. That's when the bubble pops. The financial crises of 2008 was also a bubble, caused by too many people buying into real estate (facilitated by shady practices of banks). Some people say Bitcoin is in a bubble because the excitement over it is huge and a lot of money is flowing into it. Hope that helps.

Kudos!  Smiley
Let me add by citing an example related to technology which is the Dot-com Bubble or Internet Bubble. When the Internet becomes popular in the 90's companies start to invest millions of dollars to websites, some are rushing to buy domains and sell at a much more higher price. When the 20th century arrives, company investments don't generate enough income thus websites together with the company bankrupt one by one. Some notable companies survived like eBay and Amazon among others, but as you can see right now, those two companies are leading.
443  Other / Off-topic / Re: Crypto Currency Youtubers on: October 25, 2017, 11:34:54 AM
 Smiley Good start man, informative,  however in my own point of view you could use crypto currency inspired channel art and a better quality camera.  Wink
444  Other / Off-topic / Re: Which smartphone do you use and why? on: October 24, 2017, 04:04:16 PM
 Cheesy I use iPhone, fast, simple, secure, elegant and easy to use.  Wink
445  Other / Off-topic / Re: What do you do to calm down you're anger? on: October 24, 2017, 01:16:19 PM
To calm down anger  Angry one should refrain from the source of it. Watching funny videos could help!  Wink
446  Local / Others (Pilipinas) / Re: Ano nang nabili niyo gamit ang Bitcoin? on: October 24, 2017, 10:48:57 AM
 Roll Eyes sa ngayon Internet load, ginagamit upang makapag post d2! haha...hope someday DSL conenction and gamming PC!   Smiley
447  Bitcoin / Legal / Re: Growing transaction volume in the Philippines on: October 24, 2017, 10:34:03 AM
 Shocked Just heard the news about the regulation. I think that is the reason why there are transaction limitations in the local wallet and exchange company. On other side, it will help to protect the citizen to fraudulent activities.  Smiley
448  Bitcoin / Bitcoin Discussion / Re: How do you keep your bitcoins? on: October 24, 2017, 10:19:13 AM
 Smiley I use the local  Coins.ph, it comes with a mobile wallet and also comes with services such as remittances, air-time, bill payments, and online shopping at over 100,000 merchants who accept digital currency and it operates in the Philippines and Thailand.  Smiley
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