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Topics - koplak

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Cryptocurrency Price Speculations / How do you predict all about crypto prices in 2019?

« on: December 28, 2018, 06:05:28 PM »

I want to know that everyone here has predictions about prices that will occur throughout 2019, will crypto prices increase prices even higher, or even crypto prices will decline even further, maybe some even predict that crypto prices will be stable, I want to know how many people believe and are optimistic that crypto prices will return again to raise prices at even higher prices? all of your predictive answers and speculations will certainly benefit many people here.

Cryptocurrency discussions / the market has started to green immediately buy or wait for a decline again?

« on: December 19, 2018, 04:00:57 AM »

the market has started to green again, and the prices of bitcoin and other altcoins have started to raise prices again, do we have to wait for a deeper decline, or we must immediately make a decision to buy immediately, while all have not raised prices at higher prices, what do you think now the decision we have to make?

Cryptocurrency discussions / Are the causes of many failed ICO projects caused by the decline in crypto price

« on: September 23, 2018, 03:31:00 AM »

there are many new ICO projects whose sales have not been achieved, and many projects have failed due to lack of support from investors, whether investors are now hesitant to support a new ICO project, and even many ICOs say that ends up in Scam, whether this might have anything to do with the decline Crypto price?

News related to Crypto / Vitalik Buterin Thinks There Is Too Much Fuss About Bitcoin ETFs

« on: July 31, 2018, 08:22:54 PM »

I reckon this is only 1 of the very few things that Vitalik said that I agree to as a humble follower of the cryptospace.

ETFs make bitcoin more accessible only to the institutional investors, but not the common people. If real adoption was the plan, then wouldn't it be more preferable to make bitcoin more accessible to the common people through other methods?

I am not fully convinced in Vitalik's idea of cryptocards but there must be other ways.

Vitalik Buterin took it to Twitter to finally weight in on the recent EFT rejection which was, arguably, the biggest news of the previous week. While he does not deny the importance of crypto ETFs, he believes that there is too much hype surrounding this issue and offers a different mainstream adoption solution.

SEC’s decision to reject Winklevoss brothers’ application suddenly made many crypto enthusiasts feel lost and bearish. However, Buterin didn’t seem to be excessively bothered by that. The Ethereum co-founder proposes preloaded crypto card as a more effective way of popularizing crypto.

Buterin’s tweet provoked a heated discussing that generated hundreds of replies. Some users were skeptical whether the preloaded cards would be able to push crypto adoption to a new level by replacing traditional currencies. While other individuals are certain that Buterin is too dismissive about ETFs, as both ETFs and crypto cards are equally important for the industry

Read in full https://cryptocomes.com/vitalik-buterin-thinks-there-is-too-much-fuss-about-bitcoin-etfs-makes-emphasis-on-crypto-cards

Banks & Cryptos / Philippine Central Bank Creates Blockchain, FinTech Unit

« on: July 31, 2018, 08:15:59 PM »

Philippine Central Bank Creates Blockchain, FinTech Unit

The Philippine central bank has created a new unit to monitor blockchain and fintech firms.

Bangko Sentral ng Pilipinas (BSP), The Philippine’s central bank, announced the creation of a blockchain and fintech (financial technology) unit as part of its National Retail Payment System (NRPS).

BSP Governor Nestor Espenilla Jr. made the announcement during a conference last Friday. The central bank chief appointed Vicente de Villa III as officer-in-charge of Financial Technology Sub-Sector (FTSS) under the Financial Supervision Sector to oversee blockchain and fintech companies as part of the BSP’s initiative to increase digital payments across the country.

“An efficient retail payment system has the potential to transform the economy through the efficiency it brings to business transactions and the savings generated from a shift from paper-based to digital instruments,” Espenilla said.

The conference was organized by the BSP Payments and Settlements Office to increase awareness of the need to establish appropriate and innovative systems to process financial transactions in the most efficient way possible while ensuring their safety and integrity.

De Villa III said the unit was created a month ago and will handle two offices, with a Payments and Settlements Oversight Department and a Core Information Technology Specialist Group.

"We are still overseeing banks, but banks and technology nowadays have to come hand-in-hand… There's outsourcing that takes place and we have to make sure that these outsourcing services are governed by our rules and regulations," De Villa said.

A cybersecurity unit was also created alongside FTSS to check financial firms’ compliance and to protect companies against cybersecurity breaches.

Espenilla explained the NRPS was created to create a safe, efficient and reliable electronic retail payment system that is interconnected and interoperable.

He explained that NRPS’ ultimate goal is to boost the retail electronic payment transactions to 20 percent by 2020 and improve our economic competitiveness.

To bring the realization of the goal, two Automated Clearing Houses (ACH) - PESONet and INSTAPAY - were launched last Nov 8, 2017, and April 23, 2018, respectively.

Both ACHs seeks to solve the government, businesses and ordinary consumers’ current payment problems.

Source: https://cryptovest.com/news/philippine-central-bank-creates-blockchain-fintech-unit/