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1  Local / Pilipinas / Re: Are these billionaires controlling the BTC value? on: June 21, 2018, 03:58:59 AM
Earlier this year, Mark Cuban tweeted Bitcoin is in a Bubble. Warren Buffet said in a statement " Bitcoin is a Mirage. And this week, Jamie Dimon CEO of JP Morgan said Bitcoin is a Fraud. These people are respected billionaire investors. Mapapansin din natin na bumababa ang Bitcoin when these people release statement negatively sa Bitcoin. Are these FUD? What do you think kabayan?
Sa tingin ko meron talagang apekto ang mga sinabi ng mga billionaires na ito. Dahil sa mayaman sila at marami silang mga investor na ka kilala o ka sosyo sa negosyo. D malayo na kaya bumaba ang presyo ng bitcoin dahil sa sinabi nila. At ito siguro ang naging dahilan kung bakit nag back out ang mga investors nang bitcoin.
2  Bitcoin / Bitcoin Discussion / Re: why do governments don't make BTC illegal worldwide ? on: June 18, 2018, 04:14:54 AM
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !

BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?


Government don't make BTC illegal worldwide, because in some country government see the good intention of btc for helping people. And because there are a lots of people who use bitcoin a good way not in a illegal way.
3  Bitcoin / Bitcoin Discussion / Re: Will bitcoin Die because of global Regulations? on: May 30, 2018, 06:21:47 AM
Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?


I think it will affect to bitcoin but it dosen't mean it will die. That was only a several country it will also affect the bitcoin community. For me bitcoin regulation has a good and bad effect to us.
4  Bitcoin / Bitcoin Discussion / Re: Why some people treat BTC as ponzi scheme? on: May 25, 2018, 08:48:53 AM
I really wonder to some people who think bitcoin is a ponzi scheme. It has made so many people rich and doing better till now.
But I don't understand the reason behind this type of thought?
In my own opinion why some people treat btc as ponzi scheme, it is because they don't understand what is bitcoin or they don't have a knowledge on bitcoin. Because if you think if you don't understand what is bitcoin the first thing that will enter on your mind is doubt, because you think how can you earn money through this. they treat btc as scheme because of lack of knowledge.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you sell right away or wait? on: May 25, 2018, 01:54:18 AM
After participating in ICOs by buying some tokens or participating in bounties, the moment their tokens are listed in exchanges, what do you do guys, do you sell your tokens right away or wait for a more higher price to come?
For me i sell it already because sometimes their ico is failed and the price is higher, that is why i grab the opportunity to sell. And i also sell it because i need a money. Grin
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people try to create their own coins? on: May 24, 2018, 02:40:43 AM
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
The reason why people create their own coin is "MONEY''. They create also their coin to compete to the other coin to gain more investor. And also they create their own coin because they thought that the coin they create is much better than the other coin.
7  Bitcoin / Bitcoin Discussion / Re: Ways to improve Bitcoin Community on: May 23, 2018, 01:37:31 AM
Lets give our own opinions in this thread and let's see what are the visions of any users here on forum on what are the things than can affect bitcoin community and value to improve more Wink

So i'm the maker of this thread i'm the first who gives opinion here.
My opinions are:
- Spreading good informations about bitcoin can make it improve.
- If big business will accepts bitcoin or enter bitcoin industry can improve our community because the more investors the more blessings to come Smiley
- Helping newbie investors to prevent scams can help our community because if they see bitcoin in their first invest are scam they would lose their trust in this kind of investment so as soon as possible help newbies to start in bitcoin journey.

These are my opinions on how to improve Bitcoin community so what's yours? Wink
In my own opinion to improve community of bitcoin, in adding to your opinion my opinion is legalization, legalization for me is the most important, in that way if government legalized bitcoin our fellow countrymen will join bitcoin, because of the approval of the government. SO that the doubt of people on there mind about bitcoin will be answered, if governmnet legalized it.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do Bounty Hunters Sell Immediately they receive reward? on: May 22, 2018, 02:17:49 AM
Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
The reason why bounty hunters sell immediately the token they receive because the distribution of token is delayed sometimes to be given before the bounty end. And also they sell it because they need a money for there daily living. And also they sell it because of the high value at the market.
9  Bitcoin / Bitcoin Discussion / Re: Why many banks hate cryptocurrency ? on: May 22, 2018, 02:04:17 AM
I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
The reason why many banks hate cryptocurrency and banned it rather than to use it because they see it us competitor for them. Now a days the population of bitcoin is spreading around the world. And the transaction of bitcoin is in demand. People choose bitcoin because it is easy to transact without a lot of papers to be presented. Unlike banks in order to make the transaction success you must present a lot of papers.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the governments kill cryptocurrencies on: May 21, 2018, 02:11:42 AM
Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?



For me i think it is impossible for the government to kill decentralize currency because decentralize currency is not controlled by the government. And the population of decentralize currency is expanding already around the world people adopt it's already, because of the good benefits to have by this currency, and it helps people around the world. I think the only thing that government can do is to adopt it, so that they can put some regulation on this.
11  Bitcoin / Bitcoin Discussion / Re: Why are banks and governments scared of Bitcoin? on: May 19, 2018, 02:38:17 AM
So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
Banks and government scared of bitcoin because for me bitcoin is a rival of banks because bitcoin can provide a big profit rather than banks in a small period of time. Also government scared about bitcoin because they don't have a controlled for this.  Grin Grin
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there a fake coin? on: May 18, 2018, 10:09:11 AM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
For me YES there is a fake coins. Base on my opinion there are a lots of fake coins. I have a lots of coins but some this have no value and some of this are not yet in trading site and there is also a fake or scum.  i base it by applying a airdrop, because there are a lots of coin on airdrop.
13  Bitcoin / Bitcoin Discussion / Re: You can buy KFC chicken by Bitcoin on: May 18, 2018, 09:36:10 AM
Recently, KFC Canada has accepted Bitcoin payments for a short period of time. However, Bitcoin can only be used to place orders online, and only to purchase a new item called "Bitcoin Bucket". And all this special deal will be handled by Bitpay, a fairly common Bitcoin trading tool. Its really interesting news, I wish that I can also buy chicken with Bitcoin in my coutry.  Roll Eyes
Nice to heard that kfc in canda accept bitcoin as payment, i hope this is a start, and i hope every country will accept bitcoin us payments not only in canada but all over the world. I hope someday kfc in phillippines will accept bitcoin also us payments. Grin Because I am a regular customer of kfc Wink.
14  Bitcoin / Bitcoin Discussion / Re: Homeless use Bitcoin on: May 18, 2018, 08:39:58 AM
Guys what do you think about Homeless people who use cryptocurrency on the street is that an evolution or something else ?



Absolutly YES, that was a evolution. If it's true that, that homeless people is true a homeless people. It means this is a good example that bitcoin will change the world of living of every individual people in our society.
15  Bitcoin / Bitcoin Discussion / Re: How long Bitcoin can survive in cryptocurency industry ? on: May 18, 2018, 02:12:15 AM
Bitcoin is the most famous and the no one crypto currency today. It hold the highest market cap in crypto industry. Also it use very advanced and secured technology, Block chain to operate. Lots of people's use bitcoin as a investment factor. This cause to maximize the capital of Bitcoin. But how long Bitcoin will survive in this industry ? Because lot's of government try to manipulate and control the crypto currency industry via introducing new regulation. As a country some one can do vast harm to bitcoin. We saw some of in past. If Bitcoin fail in this industry it will be a biggest financial crisis in this century.     
For me bitcoin can survive until the long time and until the end of the world, as long us we are her, as long us we continue use bitcoin, and as long us we support bitcoin, bitcoin can last forever and ever. Bitcoin will exist for ever.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin to be used as world currency? on: May 17, 2018, 01:57:33 AM
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,

I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.

What are the possibilities and stopovers??
Yes it can't be happen that bitcoin can possibly replace traditional money, but for me it can become a world currency. It can't be happen that bitcoin can replace traditional money because government will not allow it, due to they cannot control bitcoin. But for me it is possible that bitcoin can become a world currency, because of it's popularity and because many people use it around the world.
17  Bitcoin / Bitcoin Discussion / Re: What will happen to bitcoin in the near future? on: May 12, 2018, 10:28:24 AM
Recently, bitcoin has been showing steady growth. He slowly overcame the first resistance line of $ 10,000, now approaching a new line of$12,000.

I see two options for further developments.

1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.

Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
I think bitcoin in the near future will be legallized and accepted around the world us a foundamental method of payments. And i think it will be the number one source of income of every individual people in the entire world.Grin Grin Grin
18  Local / Pilipinas / Re: Philippines to develop rules on cryptocurrency trading? on: May 12, 2018, 10:18:07 AM
MANILA (Reuters) - The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud.  The regulation, which will cover issuance and registration of cryptocurrencies, is expected to be finalised this year, said Emilio Aquino, SEC commissioner in charge of enforcement and investor protection.

“We need to act because initial coin offerings (ICOs) are sprouting especially in 2017. We want to come up with our own set of regulations,” Aquino told a news conference. “You have to be extra careful how investors in this new space are protected.”
Authorities around the world, particularly in Asia, have attempted to rein in the global boom in trading bitcoin and other cryptocurrencies - a form of digital money created and maintained by its users.

Chinese authorities have banned initial coin offerings and shut down local trading platforms, while South Korea - where speculation on cryptocurrencies is also rife - is working on plans to ban virtual coin exchanges.

The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized, and financial literacy of investors, Aquino said.

The corporate regulator has yet to approve any public sale of cryptocurrencies and is investigating unlicensed sellers.
“Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air. We don’t want that to happen here,” Aquino said.
Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever thefts of digital money.  (source:  https://www.reuters.com/article/us-philippines-cryptocurrency/philippines-to-develop-rules-on-cryptocurrency-trading-idUSKBN1FI0NK)



  Philippines to develop rules on cryptocurrency trading? Ibig sabihin nito tinatanggap ng gobyerno ang bitcoin dito sa pilipinas. Sana isa ito sa magiging dahilan upang maging legal ang bitcoin sa pilipinas. At sana ang mga regulation na gawain ng pamahalan ay di masyadong makaka apekto sa atin/.
19  Bitcoin / Bitcoin Discussion / Re: WHAT IF the GOVERNMENT wins over BITCOIN? on: May 12, 2018, 09:49:50 AM
Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).

So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

This is not an advice. It's simply a shared idea.

How about you? What do you have in mind? Undecided

It is impossible that government manage bitcoin, because bitcoin is a decentrallized currency no one owns it or operates it only the user who use it. But for example government manage bitcoin, it doesnt mean that government can fully manage bitcoin. BUt they can emplement a rules and it has a cause and effect to us. Maybe the first rules they implement is paying taxes. If the government manage bitcoin they can minimize the scammer and hackers.
20  Bitcoin / Bitcoin Discussion / Re: Bitcoin in business industry on: May 12, 2018, 07:22:48 AM
I am wondering if there's a huge probability of bitcoin investing will become a company's focus. Like making a company that specializes investing of bitcoins

Any thoughts? Smiley
I think yes there is a company that specializes of bitcoin. In these cyptocurrency world defferent people uses bitcoin or invole on bitcoin. We even know the identity of each everyone. I think there bussiness industry fucos on bitcoin
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