Quote from: debra on May 02, 2024, 11:58:14 PM

Quote from: Vx1 on May 01, 2024, 04:12:55 PM

Currently we have just entered the second quarter of 2024, the Bitcoin halving has also just occurred. Of course, the potential for a bull run is still very much there and is eagerly awaited by all cryptocurrency players, be they investors or crypto traders. 
If we currently see Bitcoin and Altcoin prices in the market going down, then we should enter the market and buy more coins to add to our portfolio.

Agree, we are still in the beginning of 2024, Q2 of 2024. So, we don't feel too afraid about the bullrun season. Since the halving of Bitcoin just happened few weeks ago, we must be patient to wait for the increase of Bitcoin price. If the prices of Bitcoin and altcoins are dropping now, it is because the hype is over. In this time, we must try to feel calm and don't need to feel frustrated.

The Bull run will eventually happen, it is believed that the market is currently in a recuperation period. The market is believed to have a particular time that it needs to reset in order to gain more momentum and prepare for the next bull run. Honestly, I really don't know how authentic this information is, but I heard it from a reliable source, and there's actually sense in it. So if that's true, then the current market state should be considered the recuperation period to prepare the market for its next bull run.

Indeed it will happen eventually, it might take some time though, maybe at the end of the month we might see 6 figures already. And then next year in 2025, if the cycle is not going to be broken, then we might see a new all time high and again, will be the first time that we will see $100k at least as the minimum for this bull run.

So patience is the key here, or we should continue to accumulate Bitcoin as much as we can in this time and then HODL for the long term and wait for the bull run, easy strategy right? But we need to endure at least the next 12 months or so.

The question is, what kind of plea deal did Vinnik enter with the US government?

Will he be returning Bitcoin to it's customers, or the US did find that he still have some of that stash?

Sweet deal ala CZ with 4 months jail time?

Quote from: electronicash on May 06, 2024, 10:23:26 PM

when Inoue fell, i think everyone who put their money on him must have been standing up and about to say goodbye to their money. 
but then he won by KO again. it isn't surprising but Inoue knocked down was more surprising, it kept watching over and over and it sure can be a big hole in his defense. it may just be his fall next if he fights someone on their heavier division.

this is the first time i saw Inoue showboating by the way. i guess that knock down crawled under his skin.

It was a flash knockdown as he didn't saw that hook coming but i think he was not that hurt as he didn't even clinched to Nery and i admired Inoue's presence of mind and composure and the adjustment he made was awesome that Nery couldn't hit him anymore with his counter left hook.

I think he was showboating so that if Nery would take the bait he will be open for the counter straight of Inoue and yeah he seldom do that.

There are talks that Inoue's next fight will be in September against Sam Goodman so this means that Casimero is already out of the picture of getting/winning the Inoue sweepstakes.

Yes, and Inoue looks hurt though, that's why he didn't stand up and just barely beat the 8 count. He could have been thinking that it's the wrong strategy lol, but he shows composure, get up from the canvass and then show what a Monster he is.

Casimero is out because he is not that impressive and not even in the top 5 as far as any governing bodies goes at 122 lbs if I'm not mistaken.

Sam Goodman but be the next one as he is a number 1 rated from 2 governing bodies so he could really be the next test for Inoue.

Quote from: jeraldskie11 on May 02, 2024, 10:16:30 AM

Quote from: bisdak40 on May 02, 2024, 07:56:36 AM

Quote from: jeraldskie11 on May 02, 2024, 05:37:08 AM

Baka isipin ng karamihan na ito na ang magiging weak low bago mag-explode ang presyo ng Bitcoin. Pero marami pang zone na posibleng puntahan ng presyo kase may mga imbalances pa na hindi pa nafifill. Tingnan nyo sa $45k na presyo, posible talaga yan puntahan. Kaya mainam din na DCA ang gagamiting strategy, huwag agad ubusin ang funds baka may ibababa ang presyo.

Nakakagulat talaga ang presyo ng bitcoin sa ngayon lalo na kung ikaw ay baguhan sa pag-invest gamit ang bitcoin siguradong mai-stress ka sa kakatingin sa mga pulang chart pero tama ka kabayan, gumamit lang ng DCA para kahit papaano ay hindi masyadong malayo or medyo makakabawi pa tayo kung aangat siya ng kaunti.

Iniexpect natin na abutin ng presyo ng Bitcoin kapag nag-explode ay $100k kaya kikita pa rin tayo kapag hindi tayo gumamit ng DCA. Kaya lang, parang babagsak pa kasi ang Bitcoin hanggang $45k. Kaya para sakin, effective ang DCA. Pero kung sa tingin mo talaga hindi na bababa ang presyo ng Bitcoin o yan na talaga ang higher low, mas mabuting ibuhos mo na lahat ng natitirang funds mo na gusto mong iinvest.

Parang go with the flow na ang mangyayare kung ganyan ang gagawin. Much better kung mag plan and have a final decision kung pano ipapasok ang remaining USDT sa Bitcoin. Check nalang muna yung mga support at kung sakaling mabasag ang support saan pwedeng abutin ng price, at kagaya niya na may mga gap sa price na pwedeng balikan anumang oras, mag set na lang din ng amount na gagamitin for investment.

Yes, go with the flow nga, konting pakiramdaman at kapa kapa kung ipapasok natin sa USDT para hedge o hayaan na lang natin to at alam natin nating rerecover ang lahat pagtapos ng halving.

Ngayon nga, biglang taas na naman ang presyo although kung tititingnan nating ang halving price at ngayon eh halos parehas lang naman.

So ibig sabihin wala na talang movement sa ngayon at ang magandang gauge talaga eh pagkatapos ng taon, at makita natin kung nasan ang presyo ang ang impact ng halving.

Seen another one today at Twitter, its really getting rampant these days, a lot of attention towards bitcoin these days so its easy to say what to like and what not to like. I feel like its quite obvious that we are going to have something that will benefit everyone. I think all of this profit making in the crypto world, or at least the possibility of it, made all the scammers come out of their hiding places again, so the yare trying to make it work one way or another. I think its clear that we are going to have a lot of people who will be scammed, either ponzis or some other method, its not really that great unfortunately.

I think this has been an ongoing battle for us crypto enthusiast to stay away or at least from our experience, not to be trap by this ponzi scheme. Around 2018-2019, lots of my friends are asking me about Bitcoin investment and the returns that was promised to them by someone from facebook. I said that was a scam and don't fall for it.

And it you look at facebook as one example of social media that has been taken advantage of the criminals, you will found out that there are a lot of groups or even some random and burner account messaging us and then trying to pull that scam.

Quote from: Baofeng on May 04, 2024, 01:49:44 AM

Quote from: Mr. Magkaisa on April 28, 2024, 07:45:41 AM

Quote from: Baofeng on April 28, 2024, 02:01:47 AM

Pero sinabi ng Binance dito,

Quote

The global exchange also said it is committed to comply with Philippine laws and its ongoing efforts to resolve the situation favorably.

Binance also stressed that the situation is just temporary:

It’s important to note that in spite of the temporary accessibility issues, Binance is committed to complying with local regulations and securing a beneficial outcome for our users.

Binance Statement
The exchange also warned against using third-party platforms for accessing Binance:

Please keep in mind that the unfolding situation is dynamic and complex. As we actively navigate this, we remind you the importance of staying informed and vigilant about third-party platforms claiming to provide access to Binance. We cannot endorse any unofficial methods for retrieving funds.

Binance

https://bitpinas.com/regulation/binance-responds-sec/

So hindi parin tapos ang lahat, diba? Baka makabalik sila katulad sa India na nagbayad sila ng fine. So siguro masid masid tayo, parang gusto naman talaga bumalik ng Binance sa Pinas kaya sa tingin ko baka makakabalik nga sila ewan lang natin kung kailan.

          -  Oo tama ka dyan mate, at ginawan yan ng isang kasama natin dito ng topic tungkol sa statement ng binance At hindi naman siguro nagsisinungaling ang spokes person ng Binance sa korean sa bagay na yan, diba?

Yun nga lang mukhang matatagalan pa yan dahil tama yung sinabi ng iba na mahabang proseso pa yan, at sana lang ituloy-tuloy ng new chairman ng Binance ang pagcomply, dahil nung last year ay parang natigil yung pagcomply, diba? Kaya biglang nagbago ang ihip ng hangin sa SEC natin dito sa bansa natin.

At may precedent narin diba? Sa pagkakaalam ko pinatalsik na sila ng India, pero nakabalik at nagbayad lang ng million lang naman. Pero maliit parin yun kumpara sa kikitain nila sa Indian market pag balik nila.

Kaya naisip ko rin na posible rin talagang makabalik ang Binance sa tin. Basta mag comply sa SEC tapos bayad lang ng fine din at balik na sila.

At syempre tayo ang makikinabang rin kasi karamihan nasanay na sa Binance lalo na yung P2P nila.

Ahh, pinalayas din pala sila sa India, bagong kaalaman ko naman to hehe. Yong iilang million na ibabayad ng Binance sa gobyerno natin ay barya lang yon kumpara sa makukuha nilang profit dahil andaming Pinoy na ngayon ay users ng kanilang platform kaya kampante ako na makakabalik pa ang Binance sa atin.

Meron na bang hindi maka-access sa kanilang account sa Binance, okay pa man yong sa akin.

Yes, mate, mababasa mo sya dito,

Binance, the world’s largest cryptocurrency exchange that was banned by the government in January, is poised to return to India by paying a penalty of about $2 million, people aware of the developments told ET.

https://economictimes.indiatimes.com/tech/technology/binance-coins-a-new-phase-in-india/articleshow/109382161.cms?from=mdr

So compliance nga lang sa law ng India at balik na sila at bayad ng penalty sa gobyerno. Kaya sabi ko babalik talaga sa tin ang Binance, antay antay lang hehehe. Kung yung iba na-access pa thru other method then good.

Pero kung nakabalik na sa tin yan, tuloy tuloy na naman tayo at isa na namang options to maliban sa coins.ph or PDAX.

At tama, basta relax lang tayo at wag stress ang sarili, hehehe.

I think CZ is right with his perspective that the cryptocurrency industry is now entering a new phase where compliance and the role of the government are taking the centerstage. In other words, there is now nothing we can do that the government will not be involved somehow, someway. and this should be the time for the industry to think hard as the government will not go away no matter what we do...they are here to stay so there is no choice but to comply and even partner with the government so that platforms can continue doing business and never be prosecuted and like CZ meted a prison time sentence.  Anyway, I am still happy that CZ got only 4 months which is significantly lower than what the government prosecutors were asking the court. Four months can easily fly and soon he will be out with all the lessons learned...and enjoy a comfortable life somewhere with his loved ones as he is surely a very rich man.

Yeah, and its just over 10 years for crypto industry and yet government are already hot on it's tail with this compliance and regulations and then with central bank digital currency (CBDC).

The impact that Satoshi is really far fetching effect, now we have the head of the biggest crypto exchange established in 2017 being punished found guilty and will have to face jail time. And in just short amount of time, the landscape is really changing and it's hard to see what will be the environment in the next 10 years.