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1681  Bitcoin / Bitcoin Discussion / Re: Global problems of cryptocurrency that cannot be sold by humanity on: June 10, 2019, 12:52:56 AM
1. The exchanges are weak. There are more and more cases when hackers steal a huge amount of money and we can't do nothing with it
2. There's not enough privacy and security. U say blokchain is private and secure but what about frauds that leads to kyc protocols integration
3. Manipulations on the market. Usual ppl just lose because of that
Do u have any solutions?
this will continue to grow and I am very optimistic that every time we will always be on a positive track. indeed there is currently a problem that often occurs and there is no solution. but remember that human ability will continue to increase, by utilizing increasingly good technology, all the trouble that exists can be slowly resolved.

I agree, problems are inevitable the more people to adopt and invest in bitcoin it also increases risk of hacking and manipulation but I guess investors will have enough knowledge with these types of problems hence they will be more careful when in comes to their coins. Blockchain on the other hand is still being develop and improved for the best so I think little by little these problems will have solutions in the future.
1682  Economy / Trading Discussion / Re: Are you following your gut instinct in trading? on: June 09, 2019, 05:18:24 PM
I don’t use guts in trading instead I base it on historical data, cash flows and facts in trading, gut feeling maybe good at some other things but trading is out of it. When you say guts that means you’re only guessing, good if you win but what if you lose? For you to be able to make a good trade and have profits then you need to study the market and any necessary information needed for a successful trading.
1683  Economy / Economics / Re: Is the Market Stabilizing? on: June 09, 2019, 04:58:33 PM
Nope, I don’t think the market will ever become stable, it may be stable for weeks or months but we can’t really say that it will continue to spike up, like for example with bitcoin, last month we reached $8k - almost $9k but when the month of June started it the price went down to $7k which contradicts the speculation of most people that bitcoin will reach $10k, with this I can say that it may take months for the market to become stable.
1684  Bitcoin / Bitcoin Discussion / Re: Bitcoin Accepting Churches on: June 09, 2019, 04:26:59 PM
I’m surprised to know that some Churches are accepting bitcoin I really think they would not consider bitcoin like the government, well I guess even priest were able to see the good side of bitcoin, it would be very convenient because they can move around with it and just exchange it to the accepted currency. However, not all countries are into bitcoin until now so they can only use it in a country where merchants accepts bitcoin.
1685  Economy / Economics / Re: Which form of investment has highest ROI? on: June 09, 2019, 03:32:39 PM
I think real estate is one of investments that can provide highest ROI most especially if the location of the property that you have invested is good, you can buy lands or property but make sure you take consideration of the location to guarantee profits. There are also other investments that can provide big ROI it depends on what really works for you the best.
1686  Local / Pilipinas / Re: Mga Pagkakamali sa Trading, Sanhi ng Pagkalugi on: June 09, 2019, 11:54:11 AM
Yung pagiging greedy talaga minsan yung nagiging hindrance para kumita na at that point kasi imbis na mag take profit na nag aasam pa ng mas malaki which is di naman masama pero dapat pakiramdaman din kung naaayon ba ang desisyon. Importante din na meron ka set target price kung kelan mo balak mag sell para may direksyon yung investment mo, proven ko na kasi sakin para hindi ako mag worry o magkaron ng regrets na baka ma missed yung right timing para magbenta.

Ang importante sa trading kumita ka maliit man o malaki. Pag bumaba buy back na lang ulit.
Katulad ng nangyayari ngayon, mas maganda kung mag take karin ng kita kahit papano. Normal na kasi satin yung magkaroon ng mas mataas na expectation at gusto kumita ng mas medyo malaki laki kaya sa bandang huli parang win or lose din ang nangyayari. Kapag naghold ka ng medyo mas matagal at tumaas ang market, kikita ka, pero kung bumaba man, lose ka o di kaya break even lang. Ganyan nangyayari kaya para sakin, hindi mas masama ang kumita ng kahit kaunti lang at kumurot sa mga hinohold natin.
Minsan kasi masyadong tayong greedy kaya nalulugi tayo atleast na kumita tayo ng pera. Dahil para sa akin hindi naman matatawag na greedy yuan dahil kung makikita naman natin kaya naman tumaas ng malaki ang presyo ng bitcoin kaya wala akong nakikitang dahilan para ito ay maging isang greedy dahil kung ang bitcoin nga noon umabot ng $20,000 what more pa kaya ngayon kaya depende na lang talaga sa tao kung ano ibigsabihin ng pagiging greedy.

Matuturing pa rin siguro na pagiging greedy yun in the sense na nag hohold ka ng coins at hinihintay mo na tumaas ulit ito ng $20k or more, hindi naman masama ang maghold pero okay din naman na kumuha ka kahit konti sa hinohold mo at magbenta ka imbes na e hold mo lahat kasi hindi natin talaga ma predict kung aabot pa ng $20k or mahigit pa and presyo, sa ngayon nga bumaba na naman ang bitcoin, though madami predictions na tataas pa yan probably by the end of June or in the next few months. May mga times na maganda ang takbo ng bitcoin kaya pwde namn mag sell kahit konti kung maganda and presyo nang sa gayun ay makakuha din nag kaunting profits na pwde mo uli idadag investment.
1687  Economy / Gambling discussion / Re: Do you have experience betting in a spider fight? on: June 09, 2019, 11:11:44 AM
Here in our countr, betting is one of the common forms in gambling and that include spider fight.betting. Spiders could be easily spotted at night in the mountain areas where they will going to make their spider web to catch its prey.

Now, since spider do fights when meet, gamblers take this chance for.betting. Do you have experience on spider fight betting?

Note: Not all spider's fight for it will depend on its classications and some are too poisonous if got bitten will result to death.

These spider's are the common spiders that are not poisonous.

We do have spider fights in our country too but it is for fun or a game we play during our elementary days. It's kinda normal in our place and kids will look for spiders(not poisonous) at night and then in the morning they will ask their classmates or friends to have spider fight but for adults not that much. Betting on spider fights is not a thing in our place, i'm not sure in any other places but so far I haven't encountered anyone whose betting on a spider fight.
1688  Economy / Trading Discussion / Re: Keep proper distance but not losing passion on: June 09, 2019, 10:40:57 AM
like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.
I understand the thrill of trading, but there is no such a thing as fun trading when you are risking your hard earned money. People thinking trading is a fun thing are mostly the ones who end up losing in the long run.

A few lucky profitable trades don't make you a seasoned trader. I'm not directly referring to you, but people in general considering how they assume that trading allows them to generate an x percentage of profit per day.

The most important thing is to not underestimate the irrational nature of this market, especially with how every single crypto currency represents speculative value, and that's what most people don't seem to understand.

Crypto can always go lower, the crash from $6000 to $3000 was a brutal example of that.

It actually depends on a trader how he look at trading some may find fun will trading and at the same time gain profits while some may find it very stressful. I think the common mistake of trader that's why they lose is because most of them assumes that they can get profits easily when in fact you need to study the market very well and how it works for you to be able to make a good trade. The market is very unpredictable at times and you can't just assume that if it goes up for a couple months then that would be the trend all the time, sometimes it will drop due to a lot of factors surrounding it.
1689  Economy / Trading Discussion / Re: best coin for long term investing on: June 09, 2019, 04:29:41 AM
For me the best coin for long term investment is bitcoin, it has survived for 10 years now and still remained the king of cryptocurrency.  Bitcoin is the very established coin that is worth of risking you investments even if you study it's historical data and it has higher market value than other coins present in the market.
1690  Economy / Trading Discussion / Re: Very frustrating on: June 09, 2019, 04:09:03 AM
There are a lot of cryptos beginners (escpecially if it came from verified account) on twitter, if we like to think about it, it is easy to attract the attention of some people using theses bumps especially those who speculate in the local currency markets and forex markets.
30% incease is a great deal that no one will miss it.
So do not frustrate awareness needs some time.

Most of the people are into social media nowadays and one of them is twitter and it is a very good way to reach other people and attract attention for your coins and posting a 30% increase would definitely attract attention of traders who are active in social media because that it already quite a good deal and no trader would miss the opportunity. Yes, it can be frustrating because most of the people never learned up until now but maybe if they experience worst then that's the time they will really learn, learning is a long process so I guess let's give them a little more time and learn things the hard way.
1691  Economy / Economics / Re: Cryptocurrency, KYC and Terrorism on: June 09, 2019, 03:37:12 AM
so many people sent their documents lightly, and someone took advantage of it.
My advice is first of all to trust only companies that meet the minimum security requirements, secondly if you suspect that you have sent documents to the wrong people, the first thing to do is immediately request a new document so as to avoid a fraudulent use (and subsequent problems)

That's true, some people are too trusting in providing their information or documents even without really knowing if the company where they sent the documents is legit. It is really important to know the company and check reviews if necessary to make sure the security of your documents and identity.
1692  Local / Pilipinas / Re: Bitcoin all over the Philippines on: June 09, 2019, 12:54:24 AM
Wow galing naman, number 1 ang cainta rizal, hindi pa kasali lugar ko sa ngayon di pa din kasi masyado madami umaadopt dito samin eh yung karamihan takot padin at nagdadalawang isip pa mag invest yung iba naman eh nawalan nag pasensya or pag asa  agad sa bitcoin. Sana sa mga dadating na araw lalo pa tayo dumami nag makatulong din sa pag angat ng bitcoin.
1693  Economy / Economics / Re: Important conditions for the progress of bitcoin on: June 08, 2019, 11:35:39 PM
Without the help of any of recognition and regulation alone bitcoin have survived for last 10 years and peaked up to $~20k. Hence, why should we expect those after the mid way. More importantly 2017 does not need to be repeated but something better than 2017 will be repeated for sure. Just fasten your belts, next halving will be in less than 18 months. Bitcoin's basics and fundamentals are more than enough for another new ATH.

Indeed bitcoin was able to survive for 10 years and even reached to $20k without much adoption yet in 2017 but being regulated or with governments to back it up it will help in the adoption of bitcoin and it will not only affect us bitcoin holder but also the government to have bitcoin reserve. What happen in 2017 is amazing but all bitcoin holders is hoping that bitcoin will reached $20k or more in the coming months or years. Though we see a dump in the price this month but with a lot of people investing in bitcoin it will surely help for the price to rise up.
1694  Economy / Economics / Re: Does engaging with bitcoins put you at risk? on: June 08, 2019, 04:37:31 PM
Every investment needs to take a risk.If your mindset is that if you joined bitcoin to become rich then just quit because its not that easy to do.Success came from hardwork and theres no successful businessman that doesnt take a risk.So everything need to take risk to achieved all you desired and to be successful.

Exactly, every investments has its own risk it’s not like since you invest in bitcoin that you only find risk, success doesn’t always come in a silver platter you may need to walk through bumps to get to where they really want. I don’t see any problems in taking risk as long as the investment that your trying to take risk on is worth it. Bitcoin investment for me is risky in terms of its price not being stable but I don’t mind because investing in bitcoin for me is worth it.
1695  Bitcoin / Bitcoin Discussion / Re: Blockchain for voting on: June 08, 2019, 03:06:20 PM
As i know no, there is not any country who use blockchain for voting, maybe only if governments will see how blockchain works will make this possible on future if they want.

Based on what I read here in the forum, blockchain could be a good system for voting though it wasn't tested yet and proven to have work properly if we use it in voting. But I doubt it if the government will recommend bitcoin to be used in voting since most people in the government is against blockchain.
1696  Economy / Economics / Re: How to prevent fraud? on: June 08, 2019, 12:28:28 PM
Fraud are done in the most creative and most believable way, fraudsters nowadays are smarter and they have all the information needed just to sway the other party. We really can't eradicate fraud but the best way to prevent it is being keen and observant of what's going on, if the offer is something that is good to be true then it is more likely fraud, don't get into something you don't fully understand and make sure you have done a thorough research on the investment that you will be entering to make ensure security of your money. Even if the offer comes from a friend make sure to do your own research because even a close friend can deceive you if it is about money.
1697  Bitcoin / Bitcoin Discussion / Re: More Bitcoin commercials coming!!! on: June 08, 2019, 11:44:40 AM
In our country I haven't seen a lot of commercials about bitcoin, I will only see one if I searched on it it will come out. It just good to know that bitcoin is starting to be known globally and with the help of these commercials, a lot of people will be able to know bitcoin and hopefully increase the number of people who will adopt it.
1698  Economy / Economics / Re: 🤔 being on the right side of the trend.... on: June 08, 2019, 11:18:41 AM
We should always buy on red and sell on green, but sometime sell on green can be wrong because if the price grow more after we sell then we get some profit. But always we should see how the trend is but we can't know exactly when price drop.

The price of the market change rapidly and it may change every hours or even minutes, sometimes we can see it it's green and sell it and then after it spike up to a much higher price in just a few moments, I think it is important to really check on the market price where it is stable on a specific price or it fluctuates for you not to be able to miss the opportunity to get more profits.
1699  Economy / Economics / Re: Bitcoin believers/investors are foolish or low IQ people ? on: June 08, 2019, 11:03:21 AM
How could you address them as a low IQ people if they are making more income compare to a regular wage earner?
I am not saying that those people who are regular wage earner are low IQ or what ,
But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it?
Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

I totally agree, I consider crypto believers to be smart and wise considering that they're able to invest and earn money from crypto. I can say that the low IQ people or foolish are those who have been bad mouthing bitcoin/crypto or those who have been tagging crypto as a scam, crypto have helped a lot of people improve their way of living and mind you crypto trading isn't something that is for low IQ people so really don't think crypto believers are low IQ.
1700  Bitcoin / Bitcoin Discussion / Re: Bitcoin Adoption In Your Country on: June 08, 2019, 10:25:51 AM
I think it's hard to stop the growth of Bitcoin. The government can do anything they want but they can not stop people using it. How are they gonna trace someone who will use TOR/VPN.

I think there are 5 to 7 countries who are publicly unfortunate to get the benefit of cryptocurrency. Sooner or later they will change their mind.

I agree, it is very hard to stop the growth of bitcoin most especially now people are interested in bitcoin and I think a lot are already inform about bitcoin. In our country, before they are very afraid to invest in bitcoin because they think it is scam but as the time goes by and as bitcoin holders educate their friends about the uses and what bitcoin can do, they started to invest little by little and I have friends as well who is asking me about investing so I think bitcoin's adoption is increasing in our country.
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