It will be hard if thw goverment will continue the fight against Bitcoin community, they keep on finding ways to control Bitcoin. There might be a chance of banning by our goverment but thousanda of filipinl will be afftected.
If that ill be the case. Maybe aill just move abroad. As what i have said thousand of filipino will be affected because housewife mew grads are relaying on BTC.
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Re: Will bitcoin be banned on Philippines?
by
Darwinie
on 09/05/2018, 14:14:35 UTC
It will be hard if the goverment will continue the fight against Bitcoin community, they keep on finding ways to control Bitcoin. There might be a chance of banning by our goverment but thousanda of filipino will be afftected.
In my opinion, BTC is not a traditional currency like gold and silver because it does not have any use value, so it is not a credit currency. It's basically just one use, money laundering tool. The tool explains why bitcoin prices are spread across the country and abroad. Domestic money is changed into bitcoins and then physical transportation to overseas exchange for foreign currency escapes regulation and the cost of money laundering is lower than before, and the risk is low.
I Didn't know that until now,i just realized that yes your right it can be a tool for money laundering. They can just Purchase Bitcoin anywhere and them use dummy accounts to cover up their true motives.
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Re: why do people agree to pay taxes?
by
Darwinie
on 09/05/2018, 14:06:32 UTC
And addition to that,not all overment employees do work like that. Most of them are very true to their pledges to serve our country. Just dont just too quickly. I do have relative that keeps their integrity a priority
why is it ok for a group of people calling themselves the government to force everyone to buy their services? if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
I do pay my Taxes so that my country could have revenue and have a capacity to deelope our country, and most especially to protect us from Invaders and to defend our rights.
I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
I also have alternative coins on my ether wallet, now I dont know how could It produce bitcoin I only join campaigns to earn that. Until now i have this narrow understanding about how this works but Im coping up to things i need to sustain and be able to earn here.
now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit
but why do more choose bitcoin as the place they invest?
Because it is very volatile,the more risk you invest the more profit you might get in return. I think of Bitcoin as a Stocks investments,why ?because in any moment you lose your resources. Same as Bitcoin you will invest you money on something you are not sure of,and just keep on monitoring the movement of the coin. It is very promising because of the faster transactions.
My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
Not really anonymous you'll still be using block chains . And good for you that you really intended to become rich wuth that such short span of time.
I will wait for that time to arrive, because I believe the bitcoin price by the end of 2018 will soar. I will keep the spirit to collect coins for my future. although this month, bitcoin prices are worse than December of 2017, but I still believe it. Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)
The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last. Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year. "Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com
I Hope it'll run smoothly upward. So that my coins could have good market value in the future. In my opinions this is the phase where the value chart of bitcoin already bouncing upward .
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Maybe, they can formulate regulation exchanging or using if Bitcoin but controlling it i dont think so it'll be hard to controll something you cant barely monitor. That is the main reason why bitcoin is formulated so that no one can interfere or stand as middle man on your transactions.
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
I cant imagine life without Cash but lately I can feel the comfortability of cashless transaction though its a bit risky for we know all the frauds but its just i like it better that way but when I went to local store and forgot i dont have cash i feel frustrated. And in some part how could old people uses this cashless transaction their are not techy like us
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Re: Working smart vs working hard - an ultimate guide
This is a sequel to this thread. If you are interested only in the fat of the thread and the cream of the theme, look no further than this and the second post here.
Many people say that you should work hard if you want to succeed in life and rise to riches. I'd rather say that working hard will only make your boss richer, not yourself. On the other hand, there is an age-old adage which says that you should be working smarter, not harder. But working smarter is a vague idea, and I'm interested to hear what people have to say on this topic. As far as I'm concerned, I think that working smart comes down to creating environment where you will have more chances to meet Lady Luck smiling at you, where you will be able to hit a lucky strike because luck plays an ever-important role in our lives. For example, if you want to find a date to have a romantic relationship with or you are looking for a one-night stand only, you will go to a beach or a bar since your chances are higher there, right? The same approach seems to be applicable to work as well. In other words, stick around the places where your chances of success are the highest.
So share your opinions here, guys. What is your practical take on working smart?
The essential now to be able to survive challanges in life is to be smart in all means, work smart you can never go rong with that. Working hard is not stretching your full potential in executing things. But working smart take a lot of focus and good strategies in order to be efficient and more productive in achieving better work results.
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Bitcoing Cryptocurrency is a very efficient and have transaction amor transfer resources from one account unti another. But im pretty sure that it wont solve the world's problem like as simple as Hunger. People with much BTC will surely hold it upon for their self interest.
Its true that technology has taken us to that point where we can even think of impossible but there are many counter-effects that human race is facing after this advancement in technology ...... wars , global warming , terrorism , time for family etc ........ Do u really think that technology is hurting us more than benefiting us ?
Technologies are helping us thats a act, and God let people discover things for His Glory and it is for His greatest plan. All things happen for a reason as indicated in the bible. There is nothing wrong improving One's life the real problem is the people using it.
How do you cope up with people who have anger issues in their attitude? Do you retaliate resulting in violence? Do you ignore the person? Or do you communicate with the person and try to fix their issues?
People with anger management, well if i feel like a person has that ill try to observe them at first keep a good distance physically mentally and socially. Then if I already know how usually they react on something thats the time i approach them proffessionally with some help of God . Understamding people is mot hard its a choice, im preety sure they do not intend to always showcase that side of them that is how they cope up to their environent
Marriage is a sacred union between man and woman who are deeply in love with each other. But what if you come to a point that you are no longer happy with your marriage, or you feel that your love gets weaker after several years due to infidelity of your partner, or being irresponsible of his/her obligations? Would you file for a divorce or will you hold on to your marriage not because you love your partner but because it's your commitment? Just wanted to know your opinion. Thank you!
With my opinion and life prespective, your not kid anymore with marriage. You have a commitment after God's presence and it if very sacred that you pledge that you will hold on to that relationship even if its hard or just like what you have mentioned. Love is a Choice or desicion, love doesnt have to on fire always love is when you cant find good to your partner and still choose to stay to understand them.
Aside from bitcoin what do you think is one of the best alternative investments in the economy today?
For what i learned from my manager, one of the best investment is with stocks. You just have to Really give your full attention on the companies you invest on. And study a lot in order to keep track to yourself.
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
For my opinion,nope bitcoin is not secured but it has a high potential of earning. Just like all other investments protocol dont pour all you assets on one item that your not sure of for if you lose youll drop hard. Why not invest on small stuffs in minimal amount with different account.
Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
Here in the philippines, buying house with bitcoin is not yet acceptable. Hopefully in the near future, but now when you want to purchase something using BTC you have to convert and incash you Coin to be able to materialize purchasing stuff.