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161
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Economy / Economics / Re: Facebook bans ads for cryptocurrencies
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on: March 13, 2018, 02:34:44 AM
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WASHINGTON- Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams. The social media giant said it is barring ads for "financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, and cryptocurrency." Initial coin offerings or ICOs are a way for companies to raise funds by selling investors cryptographic assets. Fraud is common in the world of red-hot digital currencies such as bitcoin. This week, for instance, the US Securities and Exchange Commission shut down an initial coin offering by a Texas company called AriseBank. AriseBank was accused of relying on celebrity endorsers such as boxer Evander Holyfield and social media to cheat investors out of $600 million of its goal of $1 billion for a currency it called "AriseCoin." In a blog post announcing the news, Facebook product management director Rob Leathern hinted that Facebook may modify the new policy at some point to allow bona fide crypto-related businesses to advertise again. "We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception," Leathern wrote. "That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith." "This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms including Facebook, Audience Network and Instagram. We will revisit this policy and how we enforce it as our signals improve," he added. read more here : http://news.abs-cbn.com/overseas/01/23/18/facebook-admits-social-media-threat-to-democracyEven if FACEBOOK will ban totally to all DIGITAL CRYPTO CURRENCY but they will find some other option to promote their good intention for all to serve better to all people. There are some other crypto currency was made and illegal activities like Token Tree they are promoting their own crypto currency that says it is a good investment then you will get a big amount earning double from your capital but its not. no compensation come up. they will promise that your capital become double or triple, but its not, eventually it will totally disappear until they get a huge amount of money coming from many investor. |
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162
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Bitcoin / Bitcoin Discussion / Re: Bitcoin as a mode of payment
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on: March 12, 2018, 07:27:39 AM
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Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
That's exactly possible to make it payment using Bitcoin but just only for Bitcoin user as of now here in my country which is Philippines. I don't know to other country on how they will use it. I think many of those have big business like Microsoft they were accepting payment using Bitcoin and any kind of transaction they have. |
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163
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Bitcoin / Bitcoin Discussion / Re: Do you think it is best to invest in BITCOIN now?
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on: March 12, 2018, 01:16:13 AM
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What I have read from CNBC, Bitcoin exchange is up by $11,433.3896 +403.40 (+3.66%) | 6:35:11 PM EST |
Some of the analysts say that by June, it can hit $20,000 and by the end of the year will be $30,000. Do think this will actually happen? Because based on what I am seeing from the Bitcoin Exchange, it is really going up already. Do you think it is the best time to buy Bitcoin now for investment?
Updated as of today Bitcoin price is going down so it is not the time to invest in BTC but to buy of BTC it's OK! then you can stored it in your wallet until the price value is already become high. that's the best technique of investment of BTC crypto currency it need to become wise in terms of investment. |
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164
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Economy / Economics / Re: Will governments create their own cryptocurrency that will replace fiat?
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on: March 10, 2018, 07:21:28 AM
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In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
I think no, because only PRIVATE SECTOR have capability to do like BITCOIN all of generating income of government is only coming from their constituents coming from the people who have business and automatically deducted from their taxable Items and groceries, how they gonna do like this? 21million bitcoin starting fund without reimbursement. where did they get the fund? coming from people? that's Illegal transaction |
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165
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Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin important
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on: March 10, 2018, 05:59:19 AM
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In my opinion it's important because it allows money to become like air or the Ocean. Something that just naturally exists in our lives (without being owned by anyone) and allows us to value things in our world and store wealth.
I think in the future the value will not be determined by any government but by the world economy as a whole.
Regardless to the big opportunity to become rich because of bitcoin. you know for me this is a special currency that make's the people become easy for whatever they want to make transaction better than the old style. this is quick processing peer to peer transaction no third party involve it is faster than ever. |
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166
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Economy / Economics / Re: How does a Bitcoin have any value?
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on: March 10, 2018, 03:11:31 AM
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Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.
Rather, Bitcoin appears to have value for the following reasons: It is popular.
In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.
Yes the reason why Bitcoin have any value because of the people it self on how to become more essential and have potential to be useful for every individual and it will become more important for every person that's why there has to be a value and actually it will patronizing more likely in the whole country. However, even if it is tangible but still its continuously in front of many news anywhere in social media, such as google, facebook and any other big network. that's the life of bitcoin. |
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167
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Economy / Economics / Re: Investing money on bitcoin..!
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on: March 09, 2018, 08:18:31 AM
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Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
We will take advantage of bitcoin before it will disappear because there are many crypto currency now are continuously promoting their good benefits and convincing people join their activities. we don't know bitcoin how long it last but we hope that it will not crash down and closed because this is the only way to make the people become rich or a good standard living. |
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168
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Economy / Economics / Re: Spending Bitcoins
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on: March 08, 2018, 05:49:35 AM
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To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
In my country BTC is not recognized by Bank central of the Philippines, almost all of Bitcoin user here in the Philippines is to engage to COINS.PH because that's the only legit wallet provider here in the Philippines. but for spending of BTC to pay whatever the things you need to payout is not yet applicable here. only converted to fiat money is available as of now because no commercial business, establishment, hotel and restaurant can accept any payment from bitcoin. |
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169
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Economy / Economics / Re: Is banking still important in the bitcoin era?
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on: March 07, 2018, 05:30:18 AM
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Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
Even if bitcoin is always available and always number choice of every people, because of the limited bitcoin machine for cash out spread out to some other area. Bank is absolutely useful for backup to cash out of any fund in different country, am I right? so for the status of some many bank are still intact not affected to have BITCOIN NEW PROCESS of transferring of fund. |
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170
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Economy / Economics / Re: Are you thinking about the future?
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on: March 07, 2018, 05:17:01 AM
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Have you ever thought about buying bitcoin for your children as a future investment?
Yes ob course but as of now i don't have enough fund to buy bitcoin so as of the moment i always joining some other bounty and signature campaign to get a big reward in exchange of my effort by doing always make a constructive messages everyday. all of these effort is for my family. I want to have a big capital to buy bitcoin someday for the future of my family. |
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171
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Bitcoin / Bitcoin Discussion / Re: Is it better to mine or buy Bitcoin?
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on: March 07, 2018, 02:10:55 AM
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i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
Absolutely yes, instead to build a high capacity hardware and software just making a shortcut method, you need to make your own fiat money to invest in BTC. instantly you made an investment that period of time. while you mine of Bitcoin like what you said that's expensive and made along time of you build that kind of equipment. |
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172
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Economy / Economics / Re: Is it better to save money or invest it?
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on: March 06, 2018, 12:38:18 AM
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Savings of money in the bank is actually really good for the future of family. but when it comes for fastest growing of money because of investment no doubt it's only "BITCOIN" because real estate and real gold investment is not too much getting higher of profits unlike Bitcoin for a couple of months your money become 10x higher if it is in a good timing of price value. |
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173
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Economy / Economics / Re: Is there a microchip implant in your country?
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on: March 05, 2018, 12:06:30 PM
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You can inject one under your skin and no one will ever notice, Using short-range Radio Frequency Identification (RFID) signals, it can transmit your identity as your pass through a security checkpoint or walk into a football stadium. it can help you buy groceries at wal-mart. in a worst-case scenario- of you are kidnapped in a foreign countty for example- it could save your life.
are you agree with this thing?
For the small country like our country is not yet applicable for a certain microchip because as of now we are started for a good progressive country for internet enhancement through the help of neighborhood country because of their bilateral agreement for the good internet speed to our country. and hopefully soon for that kind of high tech gadget will provide here for fastest way of locating purposes for the person you want to locate on where they belong. |
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174
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Bitcoin / Bitcoin Discussion / Re: will people lose intrest?
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on: March 05, 2018, 08:53:33 AM
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Hello!
If bitcoin died do you think people will lose intrest in other cryptos aswell? which altcoin would you invest in if there were no bitcoin?
I think if bitcoin will totally shutdown ob course I just go on other crypto currency but it depends upon the price, if the price value will down to the lowest price ob course i'll just wait for it going higher because my money is useless and become loss if I am going to invest to the lower price value, what's profit we should get it? ob course nothing. |
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175
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Bitcoin / Bitcoin Discussion / Re: Why People Can Not Believe Bitcoin
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on: March 01, 2018, 02:15:53 AM
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Hello Everyone. Recently my friends Asked me. Now I can investment with bitcoin. I said my friends. Of course you can invest bitcoin without tension. but my friends can not believe bitcoin.my friends tell me bitcoin price always dumping. It's will be got this scam.  I got this boring felling with my friends opinion. Because I always believe them bitcoin about. Bitcoin is the real king crypto currency world. Bitcoin will be never scam. It's not possible.  The reason why many people are not believe in bitcoin is first of all it will not be easy to do, not always every minute or every hour your friend is always on your side to guide them on how to do it. because not all people has own initiative sorry for my statement but this is reality because even if there are many token in different wallet coming from the reliable signature campaign but it is not easy sell the token and these are prone of hacker if we don't familiarized about selling of token. |
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176
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Other / Politics & Society / Re: How to stop smoking?
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on: February 27, 2018, 07:01:31 AM
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First of thanks for every suggestion. I slowly over the years became a smoker. I became aware of my addiction. I tried quiting several timer, but every time I would come back to it and smoke even more.
I tried two things so far:
1. Fully stoping to smoke
2. Gradually reducing
But it backfired every time. How did you stop?
Many people are trying to stop their addiction of smoking but its not easy to do it, but for my own opinion on how to stop to smoke we know already how difficult to do it but for sure if you gonna try to do research of you go to lung center and monitoring some other patience their with lung illness I think you could realized what's the bad effect of smoking. the think twice or trice if you do smoking again or stop. |
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177
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Economy / Economics / Re: Bitcoin will have a price of $50000
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on: February 26, 2018, 05:05:46 AM
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Based on the news, bitcoin might hit $50000 by the end of 2018. Is this possible? If so, what are the reasons?
I think For that news you have heard its possible 50000USD before the end of 2018 because when we try to look at the price start from December 20. 2017 it will rapidly moving down from 18000 to 14000usd last january 2018, that's only for 1 month so there's possibility to achieve the 50000USD price high before the end of 2018 because the price value of bitcoin was quickly moving up and down. |
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178
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Economy / Economics / Re: Economy in your country
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on: February 21, 2018, 05:36:36 AM
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What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.
As of now Bitcoin can not affect for our economy here in my country because this is not yet approved by the government and also not to much familiar with all people here, most of the students here in different school can always using bitcoin but there was sometimes talked about in social media and the government it self but it can't recognized right now. that's why Bitcoin can not affect of our economy. |
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179
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Bitcoin / Bitcoin Discussion / Re: Facebook banning All crypto ads!!
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on: February 20, 2018, 06:27:43 AM
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Sudden I hair a news that Facebook banning All crypto ads. If that's true, Will be negative for our Loving Bitcoin (all over crypto)?
I also see a News.
We are cryto lover people, but why Facebook did that? What's the man reason?
Sir, that's only a fake news because almost everyday when i open my Facebook page there's so many different Crypto would appear to my page where did you get the news sir? anyway that's only a discussion my point is what is the reason why they could banned the Crypto currency Adds to Facebook, as far as I know there is a Facebook campaign here in bitcoin. Am I right? |
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