Crypto In The Phillipines Doesn't Have Any Progress

[Chibongvdg]

Marami kasi ang nawalan ng pagasa sa bitcoin pagdating ng 2018 dahil unti unting bumaba ang presyo kaya hindi na masyadong usap usapan ngayon ang bitcoin yung iba ngsabi ay scam nga yung iba naman nalugi kasi 2017 sumabay sila karamihan na bumili at nghold kaya medyo tumamlay ang btc ngayon.

Marami nga siguro talagang nawalan ng pag asa sa bitcoin. Naalala ko noong taong 2017 kasagsagan ni bitcoin ang dami ko nakikitang nag popost ng mga profit nila. Pag pasok ng taong 2018 hanggang sa kasalukuyan isa isa na silang nawawala at yung iba binenta na mga mining rig nila at humanap na ng ibang pagkakakitaan.

[coin-investor]

As I was observing on our community, there hasn't been much change on this economy regards on crypto. Especially when the BTC value continues to fall last December and upto the current time.
There has been a less number right now of participants here in the philippines compared to the previous year of 2017. Some thinks that it wasn't worth their time to stay for long and wait until the rise of CoinKing.

Maybe you think that I'm wrong, because of some news that politicians are creating their coins or even making an investment on this digital money. But have you consider that this person is only another one individual. It really doesnt affect much on our current economy. It really is hard to explain and convince other people to use digital currency especially in this kind of time.

Traders are now losing their money, Holders are sleeping beauties as of now. And together with our economy, it maybe on digital or the reality,... there is no improvement at all.

P.S. No Useless Replies Please Such As Short Phrases.

That's true may mga kaibigan ako online na mahirap i convert sa cryptocurrency ngayung bear trend dahil nakikita nila na bumabagsak ang presyo, at ayaw mo naman na masisi kung bumili sila at lalo pang bumagsak ang presyo, kahit yung bounty hunting mahirap maka akay kasi karamihan scam ICO.

[orions.belt19]

As I was observing on our community, there hasn't been much change on this economy regards on crypto. Especially when the BTC value continues to fall last December and upto the current time.
There has been a less number right now of participants here in the philippines compared to the previous year of 2017. Some thinks that it wasn't worth their time to stay for long and wait until the rise of CoinKing.

Maybe you think that I'm wrong, because of some news that politicians are creating their coins or even making an investment on this digital money. But have you consider that this person is only another one individual. It really doesnt affect much on our current economy. It really is hard to explain and convince other people to use digital currency especially in this kind of time.

Traders are now losing their money, Holders are sleeping beauties as of now. And together with our economy, it maybe on digital or the reality,... there is no improvement at all.

P.S. No Useless Replies Please Such As Short Phrases.

That's true may mga kaibigan ako online na mahirap i convert sa cryptocurrency ngayung bear trend dahil nakikita nila na bumabagsak ang presyo, at ayaw mo naman na masisi kung bumili sila at lalo pang bumagsak ang presyo, kahit yung bounty hunting mahirap maka akay kasi karamihan scam ICO.

We're on a bear trend, so you can't really much blame them. Most of those who rode on the hype last 2017 will inevitably become discouraged. Once bitcoin suddenly became popular, the price then went down so for those who just found out about it by then will quickly lose interest. But IMO, the Philippines has actually become progressive with regards to crypto. Just recently, CEZA (Cagayan Economic Zone Authority) has made some actions for cryptocurrency regulation. You can read this article. They just issued new rules on acquiring cryptocurrency assets.

Read from the article:

CEZA is moving forward with its goal to develop the economic zone as the center of fintech firms in Southeast and Northeast Asia. The economic zone authority has already approved and issued provisional principal offshore virtual currency exchange licenses to 19 companies engaged in the blockchain ecosystem industries.

[leonair]

Maybe you think that I'm wrong, because of some news that politicians are creating their coins or even making an investment on this digital money. But have you consider that this person is only another one individual. It really doesnt affect much on our current economy. It really is hard to explain and convince other people to use digital currency especially in this kind of time.

Most of our fellow countrymen who attempted to create their own cryptocurrency coin are all scam scheme, they are just using the hype of Bitcoin when it reached its all time high and up until now there are a few group of people who are trying to do this and it become worsen as they are marketing it like a Multi-level marketing(MLM/Networking).

We're on a bear trend, so you can't really much blame them. Most of those who rode on the hype last 2017 will inevitably become discouraged. Once bitcoin suddenly became popular, the price then went down so for those who just found out about it by then will quickly lose interest. But IMO, the Philippines has actually become progressive with regards to crypto. Just recently, CEZA (Cagayan Economic Zone Authority) has made some actions for cryptocurrency regulation. You can read this article. They just issued new rules on acquiring cryptocurrency assets.

As of now, I don't feel that we're still on a bear trend instead I see more of a stable trend. Those people that just rode the hype of Bitcoin before are the kind of people who wanted an easy money so they've got what they deserve.

[lienfaye]

Kahit dati naman hindi talaga ganun karami ang mga crypto users dito satin, naging hype lang sya nung time na mataas ang value ng bitcoin na kahit ang gobyerno natin nagpapaalala sa pag invest dahil ito ay decentralized at wala silang control kung sakaling ma scam ka.

Tapos sinabayan pa nung mga nang i scam gamit ang crypto as currency kaya naging bad image ito sa mga taong nanonood lang ng balita sa tv at hindi kinikilala ang bitcoin ng mabuti.

Sa ngayon walang income kung trader ka, kaya yung mga group chat na kasali ako sa fb hindi na masyado active may pagusapan man out of topic na kung minsan.

[GreatArkansas]

Ung sabi mo na last 2017, pinakita lng talaga ng pinoy ugali nila. Kasi that time, bullish na bullish, dun sila pumasok ng mga pera nila kung kelan ang peak and ung iba kahit di alam ang bitcoin or blockchain pasok parin sila. Diba maling mali talaga? But, madami ako kilalang naging lesson ung pagbagsak ng Bitcoin nung 2018. Kaya ok lang yan, atleast may natutunan tayong mga pinoy at pag sa adaption, unti unti na din nakilala ang crypto dito, may mga alam ako ibang stores tumatanggap na ng Bitcoin. Ganyan talaga sa simula, matumal. Kaya tyaga lang

[Leah38]

Marami na ang gumagamit ng btc noon pang bago pa lang din ako sa Facebook. 4-5 years ago. Ginamit kc sa bitpal ang bitcoin o Bitcoin paluwagan kaya nakatatak na sa isip ng mga tao na scam ito dahil nga laganap na ang onpal/bitpal scam kahit noon pa. Hindi nila alam na ang bitcoin at nagagamit sa maraming bagay tulad ng pag titrade, investment, etc.

[costanos02]

Totally agree ako diyan kabayan, na walang progress sa ngayon ang crypto sa ating bansa, meron tayong mga kababayan na may alam na sa crypto, pero majority parin ang walang alam, may ugali kasi tayo mga Pilipino na kapag hindi natin naintindihan ang isang bagay hindi na natin to pinapansin, at kapag kumita mula online sasabihin naman galing sa masama, makikilala lang dito sa bansa natin ang crypto kapag nag bull run ulit dahil kikita ang may alam na, maiinganyo na mga kababayan natin sa na sumubok.

[Freddie Aguiluz]

I disagree. Sa aking palagay, hindi naman masasabi na walang progreso sa Pilipinas ang crypto. Kung matatandaan mo, nag launch ang isa sa kinikilalang bangko dito sa atin ng Bitcoin ATM, ang Union Bank. At itong move na ito ng Union Bank ay suportado ng mismong Bangko Sentral ng Pilipinas [BSP]. Ang ATM na ito ay ang first ever two-way cryptocurrency na nag-a-allow sa kanilang mga kliyente na bumili at magbenta ng cryptocurrencies sa pamamagitan ng kanilang fiat. Pinapatunayan lamang nito na ang BSP ay may positibong pananaw patungkol sa regulation of the local cryptocurrency industry. Our country is also among the first countries in the world to recognize cryptocurrencies as a remittance method and an asset class at patunay dito ang limang [5] approved existing exchanges na available dito.
"Even though the bank has deployed only one ATM, they plan to use it to evaluate the local demand in the next few weeks to decide how soon they might want to implement more ATMs". Sa tingin ko kabayan iyan ay isang magandang senyales na may progreso sa Pilipinas ang cryptocurrency. Antay lang.

[Papcio77]

Saklap kasi ng pangyayari noong 2017, and masamapa yun yung time na marami talagang newbie tapos gankn maabutan nila matapos silang nag invest diba, kaya karamihan sa kanali give up na kasi de pa nila gaaning natutunan ang kalakaran sa crypto.

Usapang progress ng crypto sa pinas, nedon naman syempre nito nito lang yung union bank  napakalaking achievement yan para satin dahil isa sa mga bangko eh agree oh gagamitin ang bitcoin sa pagpapalawak ng company

[GreatArkansas]

Isa sa mga dahilan din siguro kung bakit mo nasabi na walang progress ang Crypto sa Pilipinas ay ang ibang mga mapanglamang sa kapwa ay ginagamit ang crypto upang gamitin ito sa mga Scams nila or Ponzi Schemes, isa sa example lang may bagong lumbasa at di nagtagal nagsara din ito, yun ung Ploutos Coin, gumawa sila ng coin nila at nanlinlang ng mga pinoy, lalo na ung mga beginners pa sa crypto, pinangakuan ng malaking returns at tingnan mo ngayon, boom!
SEC- ADVISORY ON FREEDOM TRADERS CLUB AND PLOUTOS COIN

[Dayan1]

Hindi naman sa walang progress, sabihin na lang nating tahimik pero meron parin kahit paano, nabalitaan mo ba yung union bank with btc atm for withdrawal and deposit. Diba kahit yan lang marinig natin matuturing na isang malaking progress yan. Biruin mo banko na yan, at nangyari pa kahit ganto ang kalagayan ng market. Pano na kung bumalik na ang lambo days. Lalong maraming ma attract dyan for sure

[spadormie]

Here's something na probably hindi mo alam. We're living in a third world country. And what can you expect living in this kind of country? Of course, oudated lahat tayo sa technologies and sa tingin ko napakahirap nating makahabol na sa technology with the corruption of our country. Our country is the most corrupt country in Asia. San ba nakadepende ang crypto? Sa technology diba? This only mean na dapat, for us to have a progress in cryptocurrency, we need to have better technology. And with better technology, here comes na magkakaroon tayo ng madaming magagandang insights about cryptocurrency and mabibigyan tayo nang magandang mga seminars para sa iba't ibang mga lugar for those na gustong maginvest sa cryptocurrency.

One thing, ang mahirap sa atin is may mentality tayo na di natin papasukin yung isang investment kase nasanay tayo sa scam. And kapag may naririnig tayo na bitcoin or investment, "ay scam yan." Naalala ko nung sinabi ko sa nanay ko na tina try kong magsignature campaign sa forum na to, she said na wag baka scam yan. See? Without searching about the topic, ijujudge agad nila?