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Showing 20 of 25 results by sk8LoremIpsom
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Board Trading Discussion
Re: ARBITRAGE: Bitstamp -> CEX.IO - Proof of Concept
by
sk8LoremIpsom
on 14/06/2017, 13:55:09 UTC
One thing to consider in doing arbitrage is the block confirmation time. Nowadays, it average about ~40 https://blockchain.info/charts/avg-confirmation-time?timespan=1days minutes to find each block. Given that time span, bitcoin's price has already flactuated like crazy. Another thing good to note, is the minimum confirmation before a certain btc be allowed to withdraw unto the secondary btc exchanger.
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Board Pilipinas
Re: Anong gamit nyo ngayong btc wallet
by
sk8LoremIpsom
on 08/07/2016, 08:34:13 UTC
Guys, alam nyo kung hindi nyo hawag ang private keys nyo, hindi kayo ang may ari ng mga bitcoins nyo.

So tanong kung nag close ang coins.ph or other online wallet? Edi waley din yung mga bitcoins nyo, kasi ang may hawag ng mga private keys nyo ay ang Coins.ph or yung online wallet nyo.

Recommend ko ay better stick dun sa mga lightweight client or full node client na kayo mismo ang may hawak ng mga private keys nyo. Para anytime, anywhere pwedi nyo ma generate ang mga public keys at BTC address..

Private Keys --> Public Key --> Multiple BTC Address
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Board Altcoins (Pilipinas)
Re: what's AltCoins
by
sk8LoremIpsom
on 03/07/2016, 09:43:57 UTC
hi guys newbie here ano po ba yun altcoins nun kac nag reply ako sa isa mga thread dito may nag comment nun na mas profitable ang alt coins at some exchange their btc to altcoins
.na curious  lang ako kung ano ito
.     same lang ba to ng bitcoins.

.TIA

ano po ba yun altcoins  
+ Lahat ng digital currency na gumagamit ng technologiya ng blockchain ay tinatawag na Alternative Cryptocurrency or 'Altcoin'.

mas profitable ang alt coins
+ Depende. Kapag ikaw alam ang timing kung kailan e se sell ang alcoins mo at when ka mag bu buy ulit. Ang margin o pagitan ng dalawa ay ang profit mo. Tsaka madami ding ng lipanang ICO ng mga altcoin. Nakaka pag profit ka din dito, once after ng ico, at ino offer na xa sa mga exchanges. Pero depende din ito kung marami bang mga holders na e du dump to after ng Ico, pg madami ang mag dump expected talaga na bababah ang presyo minsan below the ico price pa.

some exchange their btc to altcoins
+ Yes! arbitrage trading ang tawag nito. Kung saan ang isang investor ay either e bebenta o kaya mg se sell ng bitcoin nya para bumili or e bente ito in exchange sa isa altcoin. Para ito e take advantage ang pricing ng ibang altcoin. Karaniwan ito ng yayari pg may e pupump na altcoin.. hehehe
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Board Off-topic
Re: If i give you 10 BTC what will you do?
by
sk8LoremIpsom
on 03/07/2016, 09:20:17 UTC
I'll rather hold it for atleast the next halving which is expected to on 2020. By that time, i believe it had appreciated so much that I can finally decide what I am going to buy, still using bitcoin rather convert it thru fiat.
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Board Pilipinas
Re: Btc price
by
sk8LoremIpsom
on 02/07/2016, 22:16:27 UTC
after halving ba biglaan tataas ang price ni btc o dahan dahan?

bulls vs bear. based ka sa chart. mukhang uptrend po xa. Smiley
bullish n yan d whole month of july.kaya magsaya n tau.
Sabay p sa sahod sa lunes ni seconds trade,convert ko agad.

Malayu pa ang block halving brad at mukang aakyat a ang presyo dahil akonti konti nang umaakyat ang presyo ng bitcoin kailangan lang ng patience sa palagay ko ang presyo ng bitcoin papalo pa hanggang 750 kung suswertihin baka pumalo pa hanggang 800. Pero mas mabuti pang itago muna iready na lang sa coins ph..

1,000 blocks to mine nlng achieve na ang next halving. Palagay ko kung hindi lang yun nagka problema yung isang malaking trading sites sa US nasa $1000 na sana tayo, kasi pagka abot ~$750 nagka problema ang infrastructure yang isang trading sites na yan. Ayon marami ang nagpanic at nag sell baka kasi matulad sila sa Mt. Gox. Pero within the day nag goes online naman sila at all systems go na.

Pero wala na, pagka balik nilang mag online, grabeh halos 10 folds ang sell order vs. buy order. Tapos from there, nagka domino effect, bumababa hanggang ~$592 in just a couple of days.

Malalaman mo talaga na tutoo talaga na may BTC Whales. Kung saang maghihintay sila ng bad news para dun sila mamumuhunan, pina pababa ang presyo, at pag nasa rock bottom na, doon accumalate ulit ng murang btc..

Life Lesson: Madami atang na truma about kai Mt. Gox, pag may ganyan news next time, Sell without question na talaga ako.
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Board Pilipinas
Re: Btc price
by
sk8LoremIpsom
on 02/07/2016, 10:42:23 UTC
Bitcoin price on the bullrun na naman.
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Board Off-topic
Re: Do you use multiple Bitcoin Wallets to store your Bitcoins?
by
sk8LoremIpsom
on 02/07/2016, 00:09:43 UTC
Well, what I did is that I only use 1 wallet. However, I am going to generate multiple private keys thru bitaddress.org. I still have to download the webpage of the bitaddress.org and run it locally on my desktop unit. Disconnected the internet and enabled all firewall for all application without exception both incoming and outgoing for I am using windows OS.
From hereon, those generated private keys from the bitaddress.org, will be then be imported to Electrum. Thus, as a result I only need one wallet but had multiple bitcoin addresses.

I do not use the auto generated phase seed of electrum for I strongly believe in the near future a powerful computer will have  enough computing power  to crack and generate those seed phases and expose all the 16 different addresses or more along with it.

Having a private keys is edge since this is supported on most light client and full client nodes.

16 different privkey? sounds nitemarish

In lightweight client: Electrum, after generating the phase seed, automatically by default a 16 unique BTC addresses are generated for. All of which were generated from the public key as its seed. The public key is generated from the private keys as its seed in generation. While private is generated from the phase seed. A secret phase seed.
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Board Off-topic
Re: Do you use multiple Bitcoin Wallets to store your Bitcoins?
by
sk8LoremIpsom
on 01/07/2016, 09:53:42 UTC
Well, what I did is that I only use 1 wallet. However, I am going to generate multiple private keys thru bitaddress.org. I still have to download the webpage of the bitaddress.org and run it locally on my desktop unit. Disconnected the internet and enabled all firewall for all application without exception both incoming and outgoing for I am using windows OS.
From hereon, those generated private keys from the bitaddress.org, will be then be imported to Electrum. Thus, as a result I only need one wallet but had multiple bitcoin addresses.

I do not use the auto generated phase seed of electrum for I strongly believe in the near future a powerful computer will have  enough computing power  to crack and generate those seed phases and expose all the 16 different addresses or more along with it.

Having a private keys is edge since this is supported on most light client and full client nodes.
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Topic
Board Pilipinas
Re: Maganda kaya magmine if nasa Baguio?
by
sk8LoremIpsom
on 01/07/2016, 05:14:19 UTC
OK din naman ang mining. Pero individually hindi talaga kakayanin. Dapat pag mi mining ka sasalih ka talaga sa mga batikang mga Mining Pool. Pero ang problema lang nito ang liit ng returns kasi marami kayo mag parte2x pag nanalo kayo sa pag solve sa block.
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Board Pilipinas
Re: Btc price
by
sk8LoremIpsom
on 01/07/2016, 02:35:08 UTC
Hay salamat! On the semi-bull run na naman ang BTC price. From $636 kahapon ng hapon naging $667 na ngayong umaga. Lalo't 1 week nlng halving na.
july first cgurado balik sa 700$ ulit.. ang sarap na naman mag ipon nito. . May alam b kau n pwede pag invesan ung legit ah..


Huwag muna yang ilabas Boss.. Maya na months after the halving. Investment din tong ginagawa nating pag ho hodl.
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Board Pilipinas
Re: Btc price
by
sk8LoremIpsom
on 30/06/2016, 23:25:30 UTC
Hay salamat! On the semi-bull run na naman ang BTC price. From $636 kahapon ng hapon naging $667 na ngayong umaga. Lalo't 1 week nlng halving na.
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Board Pilipinas
Re: Magkano ang nascam sa inyo?? at sino ang nangscam??
by
sk8LoremIpsom
on 29/06/2016, 07:12:16 UTC
Sa akin naman, pag BTC pinag uusapan. 6k lang. At the time, parang 0.5 BTC pa kasi 13k per BTC pa nun wayback 2015.

While, pag fiat currency naman mga nasa 186k na. Sa kakasugal ko sa mga Paluwagan na nasa FB groups. Either na lugi yung online paluwagan or nang scam yung founder. Lesson learnt na ako simula noon.

Ngayon nasa online paluwagan pa rin ako pero hindi na ako naglalatag. Taga pag race nlng ako ng mga sugarol. Race means, paunahan ng pag comment sa facebook once ang thread ay e po post na.. hehe. Gumawa ako ng javaScript na naka embed sa Google Chrome extension once activated yun, refresh2x ng refresh hanggang maka hanap ng new thread at agad post sa comment. hehe. Lagi nga akong first..
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Board Altcoins (Pilipinas)
Re: About Litecoin...
by
sk8LoremIpsom
on 29/06/2016, 07:06:05 UTC
ano mas mabilis po ba makuha? eth o ltc ?? sa tingin nyo po ?? kasi yan nlng muna kukunin ko.. then i will trade it.. kung mabilis makuha yang mga currency na yan..


Both Eth at LTC madali lang. Kasi ino offer sila both sa most trading sites at cryptocurrency exchanger tulad ng shapeshift.io.. Sa pagkaka analisa ko mas bright ang future ng Ethereum kaysa kai LTC. Kasi si Ethereum ang daming potential nya sapagkat tinawag xa na 'Worlds Virtual Computer'. While ang LTC nman parang copy-cat xa ni Bitcoin. Though, para xang updated version ni Bitcoin like yung si LTC ang mine block time nya ay imbis ~10mins ay pina dali na at naging ~2.5mins nlng. Pati coin limit ni LTC mas pinalaki.

Personally ito yung ranking ko based sa personal preference ko:

First: Bitcoin
Second: Ether
Third: Stratis
Fourth: LTC
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Board Pilipinas
Re: Sayang di ako nag Invest sa BITCOIN. : (
by
sk8LoremIpsom
on 29/06/2016, 03:33:04 UTC
ang hirap nmn kasi maginvest... ang taas ng bitcoin.. kung $$ lang rin dito satin.. mas mbilis mkakapag invest... swerte lng tlga yung mga nauna sa bitcoin...

Alam mo boss, kahit gaano yan kamahal yang BTC ngayon. Isipin mo lang in the next 20 years, yan na accumulate mo ngayon at may makakita sasabihin talaga na ang yaman mo kasi in the long term mas mamahal pa tong BTC kasi lalakeh ang demand at pababa ng pababa ang supply. In the next 20 years, isipin mo, Limang halving ang magaganap kasi usually every 4 years ang halving.. Naku!
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Board Service Discussion
Re: HashOcean disapeared and scammed 700,000 users ? !
by
sk8LoremIpsom
on 29/06/2016, 03:20:11 UTC
Check this addresses:

https://blockchain.info/address/35QnbKAYmh1RQyov9DNaEqSnMougt2Lz8R
https://blockchain.info/address/3CD1QW6fjgTwKq3Pj97nty28WZAVkziNom
https://blockchain.info/address/1KU2bSWmv7i7RD56HyBMTYE6kCYHN5rJ2B (remember sunpower? 1st user of hashocean leaderboard)

Found following the bitcoins of last hashocean transaction

Good job mate , does it mean that the first users are owners of HashOcean ? maybe they are on the Leaderboard just to show that their services are legit Shocked

See the first two addresses, right now are doing so many transactions  Shocked

The Tx Address: 35QnbKAYmh1RQyov9DNaEqSnMougt2Lz8R is actually from a bitcoin trading site, specifically: btcexchange.ph. Its a trading site operating in the Philippines. I know this because this address sent me a BTC once I had withdrawn my funds from their exchange site. Well, it was strange coz this site has suspended their fiat withdrawal and can only withdraw thru BTC.

So are they related from one another? HashOcean and btcexchange?
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Board Pilipinas
Re: Hash Invest
by
sk8LoremIpsom
on 27/06/2016, 07:35:56 UTC
Hindi na talaga profitable ang mining ngayon. Ang difficulty level ngayon ay nasa 209 billion na. Grabeh! Samantalang ang hast rate ng isang miner na pinaka ma taas na currently available sa market ngayon ay naglalaro sa 14.0 TH/s lang.

Kaya yan tuloy si HashOcean, kung tutuo man talaga na may mining industry sila. Nag succumb na!
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Board Pilipinas
Re: Si Hashocean na daw susunod Kay Cloudmine?
by
sk8LoremIpsom
on 27/06/2016, 07:29:05 UTC
HIndi ko alam na Ponzi pala tong HashOcean. Akala ko legit na mining company. Naku! Condolence sa mga na scam. Ramdam ko kayo.

Ang problema lng pag BTC ang gamit sa pag invest ay hindi na ito ma e rereverse o kayang e hold ng goberno gamit ang court order.. Lesson learn nlng siguro.
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Board Pilipinas
Re: Mahahati ba o dodoble ang value ng Bitcoin?
by
sk8LoremIpsom
on 23/06/2016, 14:54:35 UTC
Naku! Pag short term goal talaga ang habol ng isang tao sa bitcoin, lugi talaga. Kasi wala talagang kasigurohan na dodobule ang presyo ng bitcoin on or after sa halving. Tulad ngayon, grabeh ang pagbagsak e malapit naman sana ang halving, expectedly July 10, 2016. Pero ang presyo bumalik tayo kung saan tayo 2 weeks ago.

Ang reason kasi ng halving sa pagkaka intindi ko ay parang kinocopya ng bitcoin ang concepto ng Gold kung saan limited ang supply at the more the mag mi mine ka mas kukunti ang Gold. Tulad na din ng network difficulty sa mining sa bitcoin, kung saan the more the marami ang mag mimina ng BTC the more maging mahirap ang algorithm. Same in real time, the more ang tao na nagmimina sa isang lugar, kukunti ang lupa na pagmiminahan. So para ma replica itong real life concept na to virtually, nagpag isipan ni Satoshi na mag halving para over time mag aapreciate ang value ng BTC.
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Board Pilipinas
Re: Bitcoin is Dying! Philippines
by
sk8LoremIpsom
on 23/06/2016, 14:23:51 UTC
Hindi yan mamatay ang bitcoin. Siguro stagnant ang progress ng bitcoin pero hindi ibig sabihin patay na. Tsaka, madaming nag lipanang mga alt coin kung iisipin mas madaming feature kaysa kay bitcoin at yung iba perfect copy cat ng Bitcoin.

Ang advantage kasi ni Bitcoin ay xa ay isang 'First Mover Advantage'. Baleh established na xa sa larangan ng cryptocurrency kaya hindi xa bsta natutumba. Hindi pa din na e imbento ang tatalo kai bitcoin. Though, si Ethereum sinasabi ng iba na lalampaso kai bitcoin pero hindi talaga. Kumbaga si bitcoin ay isang 'virtual gold' while si Ethereum naman ay ang 'computer of the virtual world'. Kaya para kang nag cocompara ng 'apples to oranges'. Kaya po unlimited ang coins ni Ethereum na e pro product in the long term kasi hindi xa tulad ni bitcoin na limited lng sa kadahilanan virtual gold si bitcoin yung concept nya exactly.

Tsaka, mabuti pa 'to ngayon na panahon na mag accumulate tayo ng BTC kasi once na ma re release ang 'Lightning Network' naku lampaso talaga ang VISA at MASTERCARD in terms of processing speed per transaction. Dyan, to the moon talaga ang price ni bitcoin pag nagkataon. Si Lightning Network ang bubuhay at mag bibigay sigla kai bitcoin balang araw.
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Board Pilipinas
Re: coins.ph
by
sk8LoremIpsom
on 23/06/2016, 05:49:30 UTC
TS try mo sa rebit.ph.

Ang main kasi na function ng rebit.ph ay encashment from BTC to fiat. Wala silang functionality to buy. So I recommend na dyan ka muna.