No. Bitcoin can just offer another great opportunity for people who have knowledge about it and because of that it can help an individual to have quite stable source of income (yet not guaranteed on short time frame) but bitcoin don't have the ability to lessen unemployment because being employed is not just simply same as earning money.

Chill dude. You're not alone the are many of us who are loss currently due to huge dump than happen in bitcoin this month (almost down 50% compare to previous month) and some are not only in loss in BTC but also in their investment to other coins who happen to dump as well together with BTC. Recovery would come, hope today is really the start since I see market turning green.

Same as many hodlers I am also hoping that this is a sign of coming back for BTC, and not only BTC but same with other altcoins. It's been three weeks of scary red days I am facing having in mind the possibility of losing all my investments. If there would be atleast three consecutive days of green market from now, maybe I can already breath well and sleep peacefully..lol

It already happen in bitcoin how many times at the past and even worst, larger percentage of dump had happen but look at BTC price today compare when it start, just sit back, forget your Bitcoins for a while and wait for for the next pump.

Pumps and dumps is just a usual thing in crypto market, though what's happening lately is quite devastating because it's taking such long time and dump continues day by day, but it I chose to just not care about it, being more than year on this virtual world I am already immune to losing so I just keep hodling until market turns green again, yes green again I believe it would happen and alts won't end soon.

Don't think so because we can't deny the fact that not every citizen can adapt into modern technology. If we are going to use cryptocurrency as universal currency and removed fiat in cycle what will happen to poor people who can't afford even an old unit mobile phone?

well said. @OP I think the best way you can do about posts you want to delete for enumerated reasons is to go on them one by one and make an update about unavailability of your service so members here would know.

Ako pabor pero hindi din. Bakit? Sa totoo lang mas okay na tong merit system na nilagay nila para sa pagkontrol ng tambak na shitpost at spam(well, mas okay kesa lagyan ka ng pula ng mga dt - alam nyo na yun) pero sa kabilang banda madami pa ding butas yung merit system tulad ng (1)hindi lahat ng makabuluhang post mapapansin at mabibigyan ng merits kasi hindi nman lahat ng post mababasa ng mga merit source o mga merong smerits(2)maaring ang mangyari para dumami ang merits ay padamihan ng kakilala dito sa forum para mabigyan ng merits sila sila nlng din magbibigayan. Sa dami ng forum na napsukan ko madalas ganto ang nangyayari nagkakahigpitan habang tumatagal dahil madaming abusado tapos makakahanap pa din ng paraan ang mga pasaway talaga para mkalusot pa din ay ituloy ang pangaabuso. hay naku.

Kumporme. Sa totoo lang para makapagumpisa ka sa bitcoin kahit magkano pwede, pwede ngang wala eh, depende yun kung ano ba ang papasukin mo. Kung ang balak mo bumili lang ng bitcoin ngaun at ibenta after ilang months o years depende sa target mong profit pwede nman kahit magkano. Kung balak mo naman ay maengage sa day trading iaadvice ko na medyo mas malaking puhunan para mas malaki tubo.

Nice to hear your "bitcoin is my saviour" story for sure people happen to read it, specially newbie to bitcoin and cryptocurrency will be inspired. Well my 2017 bitcoin story is also great for bitcoin help me in my day to day expenses and even help me save some in my bank account and buy things both needs and for pleasure. Unfortunately this 2018 start not that good Im currently in loss due to dump - mass dumping happening in bitc and other alts i'm hodling. I am also trap in trading for I don't want to sell in price lower than my acquisition price.

As what really intended when bitcoin is founded it must be used as mode of payment for virtual goods and services unfortunately it is now use more as a medium on investment and storage of value. Hope a year or two later bitcoin would be used worldwide as mode of payment. I can see it still far to happen in my country but Japan and other neighbor country being open on this kind of transaction is a good sign I guess.

Honestly what happening in past 2 weeks when almost all altcoins dump together with btc is the first time I encountered in one year being on cryptocurrency. I keep hodling alts where I already incurred negative profits (in terms of btc value) and decided to put my save btc in wallet to exchange and make sort of day trade and scalping in order to make profits (though still on loss in terms of dollar value).

Good question, I think it would be depending on the current law running in your country relating to bitcoins and other cryptocurrency, if there is non then might fall under penalty on theft but I don't think that would like normal theft cases. But then as of now I still haven't heard case such as hacking by bruteforcing most of the time hacking are done thru getting credentials using phishing.

It been taking long since dump started and not only for bitcoins but almost all high volume alts, I too telling myself this can't be real lol, I wanna cash out actually but my hodlings is currently down 40-50% in total so I doubt cutting losses is a good move so I might hodl for some more time. Hope pumps coming soon.

Pump or dump after forking has no assurance there also no one sure what would happen I hope it will atleast recover to 18k again to break even with my losses since I'm not expecting much from the clone coin that would be a result of fork.

Sa update na post ni miss Jewel sa fb di ba parang may mali lang sa side ni BDO pero as per them wala naman talagang memo ang BSP about closure of accounts with bitcoin related transaction at humingi pa nga dispensa ang BDO at inayos ang account nya at may nabasa din ako about sa hindi pagbabawal ng bsp sa bitcoin pero di nila iniencourage so as long as yun ang stand ni BSP wala naman problema ang mga bitcoin holder. Siguro din magiging mas mabuti na na magkaroon na clearer stand ang gobyerno natin sa btc para di na tayo matakot sa mga possible na mangyari in near future llegalized na sana nila and kahit kapalit ay tax okay na din.

I'm not such a keen observer when it comes to other alts because I focus more on btc but isn't this pumps happening in alts currently could be effect of dump happening to bitcoins?

Pwede po nakakapagtransact nman po ng transfer at cash in na up to two thousand pesos ang unverified account ng coins cash out lang po ang di pwede.

Yung nakita ko po post sa fb may proof po sya di po ba talaga totoo yun iniisip ko na din po kasi pullout yung funds ko sa bank di nman po sya bdo pero nung nkita ko po ung sa fb na madami na daw po account na naclose dahil sa bitcoin natakot po ako. Pero naisip ko din naman po kung madami talaga naclose na account sana sobrang matunog si btc lalo na sa tv

If you can tolerate the risk of losing everything you have now in case misfortune slaps, then go convert all your money to BTC and start praying for good to happen.