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1  Economy / Economics / Re: Donald Trump signs executive orders banning TikTok and WeChat on: August 11, 2020, 02:12:43 PM
We all know that China has been banning giant apps like Facebook even before. So if China does it, the US can also do what they want especially if they are seeing that TikTok is a threat to their people. But if they keep on doing such an act, it won't stop and might cause a bigger issue between the two.


I suppose President Trump has valid reasons to ban Tiktok and WeChat and I guess its more about national security since its very obvious that China is exerting its influence over many aspects of society through these social media giants - and this is much like how China feels by banning Facebook and Google - which I think this is also a response in light related to these previous incidents.

My only concern is that the U.S may find having a hard time banning these companies totally as we all know some people may find a way circumvent it not unless the U.S. lays down solid technical infrastructure to fully enforce this ban order.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunting tips for newbie in joining bounty campaign. on: August 04, 2020, 12:49:56 PM
1. Verify project's viability
2. Verify core team's identity
3. Check if they have a working MVP already
4. Check repository / Github activity
5. Ask the team on related questions on the project's social media channels, etc...

What should hunter do, if the projects passes all the 5 points you wrote, or simply dont have some the points.

It is not a total guarantee that a project is not a scam even if it had satisfied all of the points mentioned above that is why we continue to have due diligence or investigate further about the project.

For example, bounty campaign of an exchange. Do you often see they put their team on public or post a lot in github?
Or MVP - often the team is in a processes of collecting funds, decides to run a bounty campaign. They wont have a MVP.

Well at least they must have a working MVP or else it is highly unlikely that they will ever produce one. As far as I know, most  legitimate exchanges are already in operation before they had conducted a bounty campaign to promote their company.


"5. Ask the team on related questions on the project's social media channels, etc..." - I've tried asking CZ questions about Binance in twitter, but he ignore me. If he ever run a bounty campaign, I'd better skip it. They seems shady, except CZ I dont know any representative from Binance.

Binance is already an established company, and I don't know if they had initiated a bounty campaign that could be related to your inquiries but I think you could try other support channels instead of using Twitter so that they can better address your concern. Moreover, I presume CZ is a very busy person that is why we should take such inquiries to their dedicated support team on different media channels accordingly.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunting tips for newbie in joining bounty campaign. on: August 03, 2020, 02:46:30 PM
~snip~

Aside from that, I think every bounty hunter must do a little bit of research about the project and its core team's identity. Also there are a handful of steps as listed below that I think one should do first in order to verify the integrity of a project and steer us away from possibly joining a scam project.

1. Verify project's viability
2. Verify core team's identity
3. Check if they have a working MVP already
4. Check repository / Github activity
5. Ask the team on related questions on the project's social media channels, etc...

If we do these things, I think there is a high possibility that we could encounter some red flags and should already be doubtful about it and avoid that particular project. In this way, we will not be wasting our time and should discourage possible scammers from doing such awful acts.
4  Bitcoin / Bitcoin Discussion / Re: 900,000 illegal bitcoins. on: July 31, 2020, 12:05:16 AM
By comparison, the above mentioned BTC allegedly used for illegal activities only sums up to  more than $ 9.79 billion and its almost traceable!

Now a recent statistics shows a frightening amount of more than $ 232 billion (see link below)  on illegal drugs spending alone and we have to consider that most of these transactions were made possible by using fiat money which is almost untraceable.

I think if those BTC hits the market, which I assume is happening right now, I think it doesn't have a big impact if we ought to compare it to illegal transactions using fiat money. Imho.


Source: https://www.worldometers.info/drugs/
5  Other / Beginners & Help / Re: Quick How to guide: Setup Stop-Loss order on: July 30, 2020, 02:06:40 PM
Glad you've made this guide @OP! Additionally I also just wanna share a reference guide and tutorial for stop loss orders from Binance Academy. I hope all of you guys would find it helpful.

what-is-a-stop-limit-order

what-is-an-oco-order

6  Other / Off-topic / Re: Overview on browsers. Which one should we use? Support free web while browsing. on: June 19, 2020, 12:02:40 AM
Guys I think we should always remember that no matter what kind of browser we prefer to use in order to enhance our privacy, at the end of the day, it won't matter anymore if we don't observe proven cybersecurity practices that could minimize our risk of being compromised!

So I guess the best way to do this is to do it in a comprehensive approach, combining the best security and privacy practices and observe it consistently. Imho. Smiley

Below are some links that could guide us improve our security and privacy:

https://heimdalsecurity.com/blog/cyber-security-tips/

https://www.kaspersky.com/blog/privacy-ten-tips-2018/23022/
7  Bitcoin / Bitcoin Discussion / Re: United States Bitcoin Fugitive Arrested in Indonesia for Sex Charges Under FBI on: June 18, 2020, 11:36:27 PM
Hopefully the crimes committed by Russ Medlin
do not have a bad influence on the world of cryptocurrency.

No, it won't. The article you provide clearly stated that this guy Medlin deceived his victims into believing of such profitable Bitcoin mining ponzi scheme. I don't find anything that would affect the image of cryptocurrency.
Anyway, this guy really loves committing crime. I don't know how does he sleep at night knowing that he's been always hiding from authorities, committing a number of serious crimes.

I beg to disagree! We cannot deny the fact that in one way or the other, it had already tainted the public perception of cryptocurrencies in general and that is why we cannot blame people for being reluctant to join the crypto bandwagon!

I believe that up to this day, there are still many scams in progress that are related to crypto and that we as crypto enthusiasts should unite in fighting these types of  scams from bad actors if we aspire crypto mass adoption. Imho.
8  Local / Pilipinas / Re: The Anti-Terrorism Act and Why Non-Custodial Wallets Will Be Important on: June 10, 2020, 08:47:30 PM
Actually, wala tayong dapat katakutan o ikabahala sa Anti-Terrorism Bill na ito not unless may ginagawa tayong masama na labag sa batas o kontra sa estado.

Pagdating naman sa kahalagahan ng paggamit ng non-custodial wallets sa panahong ito, palagay ko ay para na ding walang pinagkaiba dahil maaari hinde ma freeze yung account natin pero hinde ito ibig sabihin na hinde masusubaybayan ng Gobyerno kung ano mang illegal na gawain meron tayo!

Palagay ko, mas epektibo  pa din yung paggamit ng cash o unmarked bills para mapanatili yung  privacy na hinahangad ng bawat isa sa atin. Imho. Smiley
9  Economy / Economics / Re: China’s digital yuan could replace bitcoin & end US dollar hegemony on: June 03, 2020, 11:18:39 PM
I don't think China will totally abandon their fiat money in lieu of its proposed digital yuan for the simple reason that they will lose their ability to print money out of thin air to float their economy.

With digital money, people can easily track it if ever they  try to mint fresh digital assets into circulation so that I don't think China will ever like it, allowing prying eyes on what they are doing behind the curtain. Imho.
The Chinese government is already warning its citizens that they are not too keen on non-cash, including digital means of payment, and also indicates a significant role in the state of the use of cash. Therefore, China is not going to give up cash in the foreseeable future.
China's digital yuan is a stable currency, and therefore it will compete primarily with stable state coins, as well as private and commercial stable coins. The digital yuan should not have a noticeable effect on bitcoin and the dollar. At the same time, I think that the digital yuan will strengthen China’s financial position on the world stage.

Right! I would like to presume its an experiment to dominate the crypto space, leveraging its mighty economy to achieve this goal.

In fact, I've seen news after news on this plan via social media channels that I think they are conditioning the minds of the people on how great this initiative could be and often exaggerating its supposed to be "impact" on major crypto like BTC together with the fiat U.S. dollar. So lets see what will happen next. Smiley
10  Economy / Economics / Re: China’s digital yuan could replace bitcoin & end US dollar hegemony on: June 03, 2020, 05:38:54 AM
I don't think China will totally abandon their fiat money in lieu of its proposed digital yuan for the simple reason that they will lose their ability to print money out of thin air to float their economy.

With digital money, people can easily track it if ever they  try to mint fresh digital assets into circulation so that I don't think China will ever like it, allowing prying eyes on what they are doing behind the curtain. Imho.
11  Bitcoin / Bitcoin Discussion / Re: This is why I believe bitcoin will crush in the distant future on: June 02, 2020, 11:19:32 PM
I strongly agree that in the future bitcoin will eventually disappear. Because many people do not inherit bitcoin, including me
right now who know my private key only me. Maybe the solution so that bitcoin can be inherited, from now on we save it
private key that is easily found by our immediate family.

I think you must have overlooked previous posts which have pointed out remedies to this situation. Particularly, here is an interesting article that tackles that issue.

Bitcoin Firms Report Uptick in Demand for Inheritance Services
12  Bitcoin / Bitcoin Discussion / Re: This is why I believe bitcoin will crush in the distant future on: June 02, 2020, 08:34:25 PM
In case of death, I think we have our own plans of how we will introduce our private keys to our parents, children or immediate relatives.

You are right! I bet most BTC hodlers have a plan on how to convey their digital assets to their intended beneficiaries when the time comes. As a matter of fact, there are services and mechanisms that caters to these kinds of needs from these hodlers and at the same time, other digital assets have also plans to set up infrastructures to mitigate these kind of situation.

I did found an article that could enlighten us more about this matter.

Bitcoin Firms Report Uptick in Demand for Inheritance Services

So in essence, I disagree with OP's idea of BTC being crushed in the future on the premise of mishandled private keys alone. Imho. Smiley
13  Economy / Services / Re: Project Covid-19: Supply to 50 families in Nigeria outside my community {Update} on: June 01, 2020, 11:33:44 PM
In this trying times, it is but admirable that you have an initiative to help other people who are in need. I hope your empathy will inspire other people to do the same. Keep it up Smiley
14  Economy / Speculation / Re: Bitcoin Hash Rate Continue to Surge! on: January 08, 2020, 02:48:47 PM
I think having a consistent and a steady hashrate reflects a renewed interest in BTC mining and could complement its price as what is happening right now.

I just hope this scenario will continue over the next few weeks / months that I assume something good will happen with it.
15  Bitcoin / Bitcoin Discussion / Re: Is there any such thing as true data protection on: December 21, 2019, 01:26:53 PM
what services do you suggest to have your data and yourself protected.

There maybe systems that could give better protection but there are no guarantee that it can offer us 100 percent total protection because all online entities are inherently  insecure and most of us can't do anything about it but apply the best possible defenses as much as possible. Smiley
16  Bitcoin / Bitcoin Discussion / Re: Craig Wright: "BTC is not Bitcoin" on: December 17, 2019, 12:31:20 PM
BTC is Bitcoin for as long as its users say it is.  End of story.  One lone con-artist can't change that.  We also have a little thing called "the truth" on our side, which is always a bonus.

  

Or rather we could assert confidently BTCSV is not Bitcoin! The ticker says it all!  Smiley
17  Local / Pilipinas / Re: [Research] Crypto holder in the Philippines on: December 14, 2019, 02:18:55 AM
But I guess it significantly affected the data gathered that all the 1,000 sample respondents are taken online. That is a significant factor why the finding says that 74% of the respondents are saying that they have heard of cryptocurrency.

Tama! Mas maganda sana kung kung mas madami yung mga taong napabilang sa survey, kung puede lang sana nilang magmit data ng coins.ph customers, eh sigurado ako malaki yung pagkakaiba ng resulta ng survey. Smiley
18  Alternate cryptocurrencies / Altcoin Discussion / Re: How are you today $MATIC holders? on: December 10, 2019, 10:06:35 AM
I would rather assume this is a result of market manipulation but not sure whether it was orchestrated by the team or by some big time whales willing to shake the market. If the project has enough supporters that could do buy orders, then it will be good otherwise the end result will not be good for hodlers either.
19  Local / Pilipinas / Re: [INDEX] Tips/Guide/Tutorial Threads on Pilipinas Section on: December 07, 2019, 09:03:26 AM

Mabuti na lang meron pala ganito, ito sana yung balak ko mag compile ng isang directory ng mga guides at tutorials para sa ating mga kababayan para hinde mahirapang maghanap ng mga importanteng guides at tutorials na malaki yung maitutulong para sa karagdagang kaalaman.

Para din sa karagdagang info para ating lahat, merong related na directory thread para sa mga Guides na gawa ni @LoyceV  - https://bitcointalk.org/index.php?topic=4928968.0 sa Meta.


20  Bitcoin / Bitcoin Discussion / Re: Have there been any money laundering schemes that used cryptocurrency? on: December 03, 2019, 02:17:08 PM
Is it possible to do so or the authorities have countermeasures in place in order to catch people red-handed when laundering money through cryptocurrencies.

Certainly there would be some kind of anti money laundering countermeasures in place to monitor / detect these kinds of illicit activities just like what happened to the person indicted on the illegal Silk Road marketplace referred in this article .
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