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Showing 20 of 92 results by EllieBasti05
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Board Economics
Re: The market is looking healthy and greener all over again
by
EllieBasti05
on 30/11/2018, 01:24:25 UTC
That is why bitcoin price is very volatile. As everyone saw bitcoin value is fluctuating then recovered 2 to 7 days. If the value of bitcoin continues to decrease many small time investors will loose their money. But $4300 value is not bad, and it look like its getting ready for total recovery.
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Topic
Board Economics
Re: A Public Market is Turning 'Cashless' in the Philippines
by
EllieBasti05
on 29/11/2018, 02:58:46 UTC
Quote from: dothebeats on November 28, 2018, 04:13:12 PM
'The new Marulas Public Market in Valenzuela City is the first-of-its-kind ‘DigiPalengke’ initiative in Northern Metro Manila where an entire marketplace is equipped to accept mobile cashless payments.'

https://pia.gov.ph/news/articles/1015376

--

This is quite interesting since even a public market where most of the time common folk buy their everyday needs is accepting digital payments. While this is not entirely related to cryptocurrency, it's as if the people are slowly seeing the convenience and security cashless payments offer to their everyday lives. For years, scan-to-pay stores are just confined within the walls of malls and luxurious places but it seems that we're slowly bringing it to the masses and eventually, it will be the norm to pay only with our smartphones and pre-loaded accounts--and in the future, possibly even cryptocurrencies.

Its very interesting because many people are buying goods for everyday living and hopefully the salary are converted to bitcoin so that all people in that area will using the cryptocurrency.

This is the third news where another area in the phils are into bitcoin. hopefully thr whole manila will adopt this to see what is the benefit of using bitcoin.
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Topic
Board Economics
Re: Philippines starting to accept and adopt cryptocurrency.
by
EllieBasti05
on 28/11/2018, 16:09:25 UTC
Quote from: basyang on November 26, 2018, 07:55:31 PM
Quote from: Ararbermas on October 20, 2018, 12:27:38 PM
Yes Philippines starting now to accept crypto currency but selected area only not the entire Philippines , and base on my research as of now bitcoin can be use only as a payment method through fast-food  and selected groceries aroud manila. But it's a good start , because for sure in the near future more filipino will adopt cyrpto currency because of being so useful and friendly used especially when it comes withdrawal, sending money and buying goods.

Well, In my own opinion. As of now, Bitcoin is not legal yet it can be used as a transaction in the Philippines. Regarding to your research that they used bitcoin in fast food and groceries I do not think they implement to used it. I know that in other countries like South korea they used it as a payment method but in the Philippines its not yet used like that.However, hopefully they can use it that way because for me its a sign of developing countries.

Just go to salcedo street in makati sir/mam where you can see a bitcoin atm and a small merchants also accepting a bitcoin also in makati and bgc taguig. They were not featuring it in mainstream media because it is not legalized in the phils.
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Board Bitcoin Discussion
Re: What are you most interested in learning about?
by
EllieBasti05
on 27/11/2018, 14:57:10 UTC
For me i like to learn how to make money with bitcoin. I like to learn that because i want to experience the benefit of bitcoin, making money in different type of idea.

Then the next one is certified at bitcoin industry, because once you know how to run ico and blockchain, a trader, investor maybe you can call yourself a certified in bitcoin industry.
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Board Economics
Re: Very stable BTC dominance
by
EllieBasti05
on 23/11/2018, 16:15:26 UTC
I think it is currently stable as of now because we dont know what will happens next. All cryptocurrencies experiences fluctuation because of people are more into trading thats why prices drops. Lets wait if bitcoin will recover or have another bull run this year.
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Topic
Board Economics
Re: Philippines starting to accept and adopt cryptocurrency.
by
EllieBasti05
on 23/11/2018, 06:30:37 UTC
Quote from: novokovskitve on November 16, 2018, 04:28:10 PM
and what here surprising? many states begin seriously treats cryptocurrencies. especially that it will be just paradise place for cryptoenthusiasts.

Its not surprising, they were jusy happy because not all country accept and adopts cryptocurrency and many people are excited because of more users, more traders and investors.
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Topic
Board Speculation
Re: Bitcoin prices are destroyed, everyone is disappointed
by
EllieBasti05
on 22/11/2018, 12:57:19 UTC
At this fourth quarter of the year is not the best time to hold bitcoin because of fluctuation and many people got disappointed, many had to cut their hoarding and sell it.

But lets think positive and hopefully this first week of december will have big changes in bitcoin value.
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Topic
Board Economics
Re: Buy high sell low! PRICE BTC 3800 eur. How?
by
EllieBasti05
on 21/11/2018, 16:00:34 UTC
Great example. The cycle where everyone experiences. At the end of disbelief you see light again and dont lose patience because when bitcoin goes up again you will gain thrill and euphoria that cause so much excitement. But this time we have to cut down and avoid hoarding because of bitcoin price is fluctuating.
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Board Bitcoin Discussion
Re: Its Bitcoin a good way to save money for our kids?
by
EllieBasti05
on 21/11/2018, 09:59:01 UTC
I think yes, But bitcoin is very volatile that is why we can depend on its value, and we dont know what will happen in the future and there are many what ifs?

-What if? value of bitcoin dropped to $100 in the future?
-What if bitcoin leaves us ?

I must prefer do saving also in fiat and put it in the bank or put it in the stocks so that the money will not be in stagnant.
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Board Bitcoin Discussion
Re: Has Bitcoin grown in the past year despite the price?
by
EllieBasti05
on 20/11/2018, 07:05:45 UTC
Yes! Bitcoin growth is really awesome for the past several years.

Starting from $200 to $6000 then $5600 as of this month bitcoin grown bigger and remain top among cryptocurrencies. More people interested to invest specially what happen last years bull run but because of that many people are in to trading and not for investing that is why the value of bitcoin decreases.

That is why bitcoin is volatile that is has no stability on value and no one can predict of it.
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Board Economics
Re: LIFE GOES ON.
by
EllieBasti05
on 19/11/2018, 10:24:32 UTC
Quote from: Lizzylove1 on August 17, 2018, 12:49:39 AM
Looking at the present state of the market, it could be very disheartening. But one thing is certain is that blockchain technology has come to change our society. And Crytocurrency which runs on the blockchain will continue to wax stronger and stronger, stay above fear. Life surely goes on with or without the enemies of crypto.

Yes, life goes on eventhough bitcoin is experiencing a little downfall on its value. Bitcoin is famous that is why there are so many haters and bashers of this modern cryptocurrency, it made bitcoin into trend because of bashers who keep on giving a negative news. But at the end of the day, Bitcoin is still leading above all cryptocurrencies because many people are still believing in bitcoin.
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Board Bitcoin Discussion
Re: Would Bitcoin be the same if Satoshi wasn't anonymous?
by
EllieBasti05
on 18/11/2018, 21:11:11 UTC
I think it would be the same. If Satoshi Nakamoto reveal himself he will be in danger because many powerful and greedy people will look for him and steal his invention.
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Topic
Board Speculation
Re: This is not the end of bitcoin
by
EllieBasti05
on 17/11/2018, 14:01:46 UTC
As the picture shows bitcoin price is falling around 20%. Others are on panic because of this scenario, bitcoin price falling down because of people goes to selling and not buying. It will recover within an hour or several days.

This is not the end of bitcoin, its just already started and its just normal to have fluctuation like commodities.
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Topic
Board Speculation
Re: what are the factors that affecting the bitcoin price
by
EllieBasti05
on 16/11/2018, 10:26:49 UTC
It is the law of supply and demand, if all investors are more into selling the bitcoin value will drop, if all of them buy of course the value will go high.

That is why bitcoin is volatile and it is normal, no one can predict weather the value become high or become low.
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Topic
Board Economics
Re: Philippines starting to accept and adopt cryptocurrency.
by
EllieBasti05
on 15/11/2018, 14:23:00 UTC
Quote from: pinoyden on November 09, 2018, 04:09:49 AM
Quote from: mia khalifa on November 08, 2018, 04:44:17 PM
Philippines countries began to adopt cryptocurrency and in the African part of Africa have also begun to adopt cryptocurrency but what is needed to be able to increase prices is not only adopting but developing cryptocurrency technology in order to be more useful.

Actually the country of the philippines is not a strict country when compare to other asian countries , thats why the government is open to new ideas or technology and one example is the adoption of cryptos .  

Now there are now merchants that accepts crypto payments and there were now also bitcoin atm's on some popular spots .

Since you also mentioned africa ,  what i know is that africa is a poor country and cryptocurrency wont really become a hit if ever their government will accept it .

Yes sir! There are also small merchants in BGC starting to accept bitcoin and you can now buy some goods like in Salcedo, Makati which already started.

In Bitcoin ATM i think the recent news was they are upgrading it into a two way bitcoin ATM with you can convert btc to fiat and fiat to bitcoin something like that. I lost the link of the news. I will try to research it again so that i can share it here.
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Board Bitcoin Discussion
Re: Satoshi is a real asshole
by
EllieBasti05
on 15/11/2018, 11:42:02 UTC
There will be many persons who's claiming they are the real satoshi. We really dont know the information behind that name. Other's said that satoshi is from Japan, and this Craig Wright claiming he is the one, he just want to be famous. Until now Satoshi is still a mystery.
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Board Speculation
Re: BTC is falling !!
by
EllieBasti05
on 14/11/2018, 19:23:59 UTC
Bitcoin is volatile. Dont get panic when you see the bitcoin price suddenly drops. In will increase maybe after a day or sometimes within an hour. We cannot predict the bitcoin's value. All we have to do is believe in bitcoin and wait for the another bull run.
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Topic
Board Bitcoin Discussion
Re: Stop calling Bitcoin ''stable'' it's not.
by
EllieBasti05
on 14/11/2018, 15:42:49 UTC
As of this year we may call it currently stable because of being steady at $6k but it doesnt mean that the value of bitcoin will stay forever at that price, compare to the past years that the value of bitcoin fluctuated and then suddenly increased over 200 times.
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Board Marketplace
Re: If Newbie Offers Investment
by
EllieBasti05
on 13/11/2018, 13:51:52 UTC
I will invest a little money. Because all succesfull persons started as a newbie before. Read his investment plan, ask what will be his strategy on how to develop his own company. Newbies are more trustworthy compare to the well knowledge veterans and know how to do fraud. Its a gamble but if you dont trust him, he will not develop in to a succesfull man, Give hin a chance and Invest a small amount of money.
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Topic
Board Bitcoin Discussion
Re: How Phillipines adopting BITCOIN
by
EllieBasti05
on 13/11/2018, 11:47:17 UTC
Quote from: vernl on November 12, 2018, 01:48:34 PM
Quote from: EllieBasti05 on November 12, 2018, 01:42:58 PM
Quote from: ratatat bangbang on November 09, 2018, 05:10:45 AM
It needs more time that it will happened. Adopting bitcoin needs first to be accepted wholely by the country such as the government. For now there are companies and bayad center who accepts bitcoin payment which is a sign that sooner or later bitcoin will be accepted in the Philippines.

The government already accept it. Small merchants in makati and bitcoin ATM was established also in makati. Government will regulate by forming anti money laundering team to monitor all transactions and allowing only companies that given a license to operate in the philippines. This ensures the are not just adopting it but to protect investors and users. Hopefully they will start giving a salary in the form of bitcoin so that bitcoin will spread to the whole country.
Pinoy goverment doesn't accept Bitcoin and drugs dude, i don't know where you get that information they will let Bitcoin free but currently it was illegal just like drugs in Philipines.
Adopting Bitcoin isn't that easy.

How can you say that dude ? Bitcoin is growing in the philippines without the use of mainstream media. Media gives negative comments on bitcoin due to it was used to scam people.
And how come many people engaged to bitcoin mining ? And how come the security bank accepts bitcoin without the permission by the government?
Just do your research dude and dont get fall on Hoax news by the media.