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May 08, 2024, 03:12:36 PM *
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181  Bitcoin / Bitcoin Discussion / Re: BTC spot ETF: Wall Street's Trojan horse on: March 19, 2024, 08:14:25 PM
    • Do you support securitization or tokenization?
    • BTC spot ETF is the maturity or degeneration of BTC?
    • Does BTC spot ETF have any negative impact on BTC and the crypto market?

    I don't support any innovation that is that has the potential of distorting the natural operations of Bitcoin. The coin is designed to be a decentralized currency that should be used without intermediaries.

    Bitcoin ETF has attracted so much publicity and money to the Bitcoin industry but as you rightly pointed out it might be a Trojan horse. It is because it moves people to centralisation thereby defeating the purpose of Bitcoin. These institutions have the funds to carry out expensive and captivating commercials that will make people gradually forget that they can buy real Bitcoin without any intermediary.


    That is definitely possible but I think even with much effort, it won’t get that far.

    There are a lot of investors who were against ETFs but I think it helps to propel the
    price upward but it does not mean I will be favoring centralized way of purchasing
    bitcoin than its counterpart. I believe that a lot of people feel the same way. From an
    investor’s point of view, the emergence of ETFs is a good thing allowing more people
    to buy bitcoin. It’s not that they can’t buy it themselves but rather it’s the thought of
    having a trusted, credible and reliable place to buy bitcoin in is what makes them favor ETFs.

    With this in mind, I hope bitcoin becomes mainstream enough that we can go back to its
    original purpose which is to become a payment method through a peer to peer
    transaction. [/list]
    182  Economy / Economics / Re: Impacts of your national economic and the fiats values to your bitcoin holding on: March 19, 2024, 07:41:05 PM
    USD is a lot greater than my fiat currency. I am on the same boat as you, mate. I have planned for myself
    to do DCA method but it’s becoming harder and harder to actually achieve.
    There are so much bills to pay and necessities to buy.
    It doesn’t help that inflation has been growing rapidly here in my country.

    All I can do right now is to rely on airdrops and continue to hold no matter
    how hard it gets, I don’t want to sell my coins.
    183  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin will FAIL on: March 19, 2024, 07:23:19 PM
    Although this thread was created in 2017 so it's been a long time so it's an old topic. Currently all of these Dogecoins have been at least inactive and have seen massive success since Elonmusk took over the project. Hence it is currently enjoying massive success and is apt to grow further.
    Elon Musk has turned his attention to Doge, and it's had its moments of success. Whenever he talks about Doge, through his mouth or social media, it tends to soar. But it also crashes just as hard. Now that Elon Musk has spoken up again, it might be best to steer clear of anything associated with him.
    Investors should enjoy while it last, Elon Musk has this great influence when it comes to crypto, talking about a particular coin can trigger investors to buy. Now the coin has gained value compared to the time op posted the thread, I saw similar thread about dogecoin yesterday and this coin seems to be popular as we've seen in the market, my question is will this value last or the coin will still fall, I'm curious to know what's next after the pump.

    With the halving fast approaching, alongside many people being attracted to the coin due to elon musk’s
    influence and it being tied with his own product like tesla, I do think it will maintain
    a quite strong position in the market.

    It’s definitely one of the coins I am looking at in hopes of generating profits.
    There’s a huge chance its hype dies through so the most I can do is take advantage
    of the hype.
    184  Alternate cryptocurrencies / Altcoin Discussion / Re: Recommendation for a good alt to invest in on: March 19, 2024, 07:07:33 PM
    At this point, I am looking at projects like Starknet, Polyhedra, Blast, Taiko, Eigenlayer, Wormhole, Mode, Drift Protocol, zkSync. Your thoughts? Sorry for the wall of text lol..
    All of these aren't bad investments as per see but still, you need to be careful.  I didn't give my full investment on altcoins or new projects, it's very risky and I can't afford it.

    TIA is a good project and seems there's a potential to hold for a long term.
    Aside from TIA I also have these.
    • Arbitrum
    • Chainlink

    Why not give a large allocation on Bitcoin to less worry?

    I personally think everyone should be holding some bitcoin to their name
    but I do understand the need to diversify our portfolio. The profit would be
    a lot more and much quicker to come if you find a coin that is only starting anew.

    I am guessing as well that some people are hoping to find that bitcoin
    success all over again. But like you said it is too risky and often
    not recommended for those in a tight budget.
    185  Alternate cryptocurrencies / Altcoin Discussion / Re: Is investment a necessity or a want? on: March 19, 2024, 06:16:30 PM
    Investment is a necessity as much as it is a privilege.

    Not a lot of people have the ability to invest due to their present financial circumstances.
    There are different kinds of investments and I don’t think it all involves money. We also need to
    invest in ourselves and that includes taking care of our well-being.

    What is the use of your profit if you’re sick and dying?
    186  Economy / Economics / Re: The Prices of Labour. on: March 19, 2024, 10:58:08 AM
    An assumption can be made depending on a lot of things. Firstly, which country are we talking about?
    In my country, it is well-known that professors have a hard time teaching because of the system. A lot of
    them are underpaid compared to the hours they spend in work. Sometimes, your educational attainment and
    work experiences will not land you a high-paying job. I know plenty of professors that quit their jobs due to the lack
    of proper salary.

    Even then, sometimes with a high paying salary it’s still not enough to be able to buy luxurious stuff. Maybe they’re
    bad at handling finances or maybe they are the breadwinner of the family and things like that. It’s not
    our business to speculate about other people’s salaries and financial situation as we never know what they
    might be going through.
    187  Bitcoin / Bitcoin Discussion / Re: Day i have lost my 100 bitcoins on: March 19, 2024, 10:37:16 AM

    Moral: be careful with your stuff, even if it's old :p

    Heh for hoarders, this is good news. I grew up not being able to let go of things
    no matter how old it was because “it might be useful in the future.”
    And it never is but I never know it might actually be a hard wallet containing
    bitcoins and it can totally change my whole life for the better.
    188  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 10k investment on: March 18, 2024, 07:26:34 PM
    Ten thousand dollar investment should not be invested on any one coin but investing on multiple good coins would definitely be profitable and risk free. However, a $10,000 investment portfolio must include Bitcoin.
    While I agree in the latter but disagrees with the former. Because there is a good option by investing only in one coin and that's with BTC.
    People still sees it as something not reliable nowadays because they're seeing the hype with meme coins. Once the market goes into bull run, sure a lot of these meme coins will definitely going to crash.

    Surely, Bitcoin is a good investment option for the long term, but if the person is looking to invest for a shorter period, I think he should try his luck in altcoins. There are certain risks associated with altcoins, but the risk is worth it when you look at the ROI. Altcoins such as ETH, SOL, XRP, MATIC, etc., are good potential coins. As far as meme coins are concerned, they are very risky, but the profit margin is also exceptional in meme coins. Take the example of PEPE, if you had invested a mere $500 a month ago, you could have made over $5k in a month. If you are getting this much profit on your investment, then I think it is worth the shot.

    op just mentioned he can hold for 1-3 years with really no time limit. I think with bitcoin that is more worth it.
    With altcoins you are going to have to monitor it closely. Yes, the profit is good when it’s doing well
    but once it goes down there is no guarantee that it’s going to ever come up again. And that is the risk it’s
    quite scary to think of. As compared to bitcoin where if you had invested some of your money last year summer
    you would have made more than $5k by now and only in just a year. And the only thing you have to
    worry about is when should you sell your coins and take your profit.
    189  Economy / Economics / Re: How can it be possible coping with one source of income on: March 18, 2024, 06:59:31 PM
    Through out last year I find it hard to get things done with funds despite how my earning was and I find it hard to spend more on my bills around me , though I have been seeing some humans earning and paying bills with one source of income and I do ask myself how is it done

    please your advice will be of help
    This bill issue is  world wild, economy is becoming harder by the day and people are just pretending as if all is well mean while they are just suffering and smiling. 

    Well it’s not like they can do much else. If they stop smiling and stop trying, will anything happen? No nothing
    Sometimes you have to push yourself to be happy so that you can keep going in life because if you don’t
    you will be beaten by life. I’m not saying we should just pretend nothing is wrong but I am saying
    we shouldn’t dwell on the bad things so much but instead work towards the future with a brighter perspective.
    190  Alternate cryptocurrencies / Altcoin Discussion / Re: Are memecoins also classified as Altcoins? on: March 18, 2024, 06:35:01 PM
    No. All memecoins are altcoins but not all altcoins are memecoins. This is a very basic concept

    Altcoins are cryptocurrencies other than Bitcoin. Bitcoin is the first and top cryptocurrency up to date.
    So everything aside from that is called an altcoin. Memecoins on the other hand is basically a subset
    of altcoins. There are other types of altcoins too like defi or stable coins but let’s focus on memecoins.

    From its name, memecoins are generated from memes. Projects usually come from and in form of a meme.
    Maybe their name has affiliations to the meme or the symbol they use. How could all altcoins be a memecoin?
    Do you think ethereum came from a meme?
    191  Economy / Economics / Re: Everything is over priced but people keep spending on: March 18, 2024, 11:53:46 AM
    Well that is inflation for you. It’s not like we can do much to change how fiat money
    works. If we want to survive then we have no choice but to buy this and that
    and pay for this and that. These times, the only way to make it out alive is
    if you have the money. We should all strive harder to achieve a lifestyle that is
    comfortable and sustainable. This is one of primary reasons why I had started investing
    in crypto.  Grin i believe crypto could help me in terms of financial stability.
    192  Bitcoin / Bitcoin Discussion / Re: Will bitcoin become a payment option?Was the initial design of bitcoin tobe paym on: March 18, 2024, 11:23:26 AM
    According to what we know and what had satoshi planned, yes. Bitcoin was meant to use for a payment
    through peer to peer transactions. It just seems impossible now because everyone sees bitcoin as an
    investment which hikes up the prices and therefore making investors hold on to these bitcoin instead of using
    them for transactions.

    Do I think there is a chance that bitcoin is used as a payment method? Yes, definitely but it would not
    be in the next 5 or maybe even 8 years. I think bitcoin can become as a payment method when problems like
    high transaction fees are resolved.
    193  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Memes really pump hard than others on: March 18, 2024, 10:57:21 AM
    You know that feeling when your friends tell a joke and you don’t get it?

    Yeah well that is something a lot of people don’t want to feel so they
    always make sure to be on top of everything. Memes are jokes that are time relevant
    and trending and if you are someone who is always online, it would be an embarrassment to not know these memes.

    Needless to say memes get a lot of attention and so the reason why memecoins are hyped at their first launch but as time goes by just dies. But if you could take advantage of this hype, then go do it  Wink
    194  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana memecoin is trending on twitter.. on: March 18, 2024, 10:16:59 AM
    We all know solana has been doing well these past few months it is no secret. At this point, you should have already
    bought some and should be seeing profits already. Well anyway I am just hoping these memecoins, despite the
    usual conceptions about memecoins, do not die after their initial hype. To be honest, I have high hopes as
    Solana is a reputable and reliable blockchain.
    195  Other / Politics & Society / Re: a slap on the faces of patriotic citizens on: March 17, 2024, 01:03:55 PM
    there is absolutely nothing wrong in critizing your leader. criticism is part of democracy but when you call your country a zoo and all sorts of names and regret being a citizen, you have crossed the redline.
       I also have no problem with some people's vituperation and hate over there country but to suddenly decide to serve the same country you hate is hypocrisy of the highest order. and such people will have nothing to offer.they want to make use of the government to gain there own personal subscription, if appointed at the end. Because there are enemies of the country.

    I think it can co-exist. I can say that I hate the government of my country but
    it does not mean that I hate the land I live in and the people it hosts.

    If me serving the same country I say I hate is hypocritical then so be it.
    I am serving the country because I see a problem and a solution I can give.

    What’s worse is someone who leaves the country and gives up on it.
    As a citizen, I can criticize my country and do everything I know to make it better.
    196  Bitcoin / Bitcoin Discussion / Re: Could supermarkets use local servers to accept Bitcoin in a banking failure? on: March 17, 2024, 12:08:00 PM
    Usually in times of banking failure, the stores just inform the customers
    right away that they would not be accepting any payment that involves the bank.
    And if the customer does not have cash on him, that is his problem and not the
    management.

    I don’t see this happening unless the supermarket have an actual wallet that solely
    Accepts bitcoin. Of course this is in context with a banking failure. Mass adaptation is a different story altogether.
    197  Alternate cryptocurrencies / Altcoin Discussion / Re: What cryptocur investment would you recommend a beginner for a a start up stage? on: March 17, 2024, 11:26:10 AM
    Yeah, I would advise him or her to go for altcoins, why not? If that someone is only beginning to get into crypto and still does not
    want to invest a huge amount of money… I can advise him or her to go for
    altcoins. First of all I would teach him or her the fundamentals. Buy low, sell high that
    kind of thing. I believe experience is the best teacher. Let them see just how money
    can increase when you invest them in the right coin. Of course timing is valuable.
    I just need to show the basics and let them learn on their own.
    198  Other / Off-topic / Re: With equal effort and fatigue, wages are equal, right? on: March 17, 2024, 10:57:18 AM
    There should be no discussion when it comes to this. Gender should not play in the workplace.

    Employees should be given what they deserve and what they worked for.
    Being a man or a woman should not deter them from having good opportunities and
    being paid accordingly.
    199  Economy / Economics / Re: Technology and work ethics on: March 17, 2024, 10:28:09 AM
    I think it’s okay. They are using resources from the company so I believe
    that the company has the rights to monitor and see what they are doing.

    I think it can also create a sense of transparency that would be able to build
    trust among employees and the employers. As long as it is not for other weird purposes, then I think it’s only okay.
    200  Economy / Gambling discussion / Re: Gambling Is Legal In Our Country But if You Promote It Online You'll Go To Jail? on: March 17, 2024, 08:05:53 AM
    I find this unusual and weird I live in a country where gambling is legal there are lotto outletss in every corner, there are horse racing betting outlet and there are online betting station that originates in our country and yet there is a pending bill that if you're going to post or talk about gambling you'll likely going to get fine of 500k pesos or $90k and you will also land in jail.

    So if you post that you won in horse racing or you post the winning bets in daily lottery you will likely get charged and penalize, so what do you think of this law, is this right?

    Quote
    "In this regard, this representation proposes the prohibition of online publication of materials that instruct or demonstrate gambling, commentaries, and advertisements that promote awareness of gambling activities,"

    Quote
    Any person who will be found publishing gambling-related content may face six months to one year imprisonment or a fine ranging from P300,000 to P500,000.
    Senate bill seeks ban on pro-gambling online content
    Maybe because of the rampant gambling advertising happening in gambling world now , almost every area of internet now has Gambling post that is now even very young kids are being a target of these advertisers so I think that made the lawmaker to have this in their target bills.

    imagine you are allowing your kids having their facebook that you limit their friends and communications but here it is , those gambling ads popping everywhere? sorry but in this part I agree with the law makers .,
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