I saw an article which was making a lot of complains about buying at the peak of the pump, being dumped on, being scammed etc. In the end, the question that followed was, "do you still believe in crypto?"

I believe in crypto and i believe in Bitcoin because it has been working perfectly fine for me although there are some few unforeseen circumstances that have and may hit you along the way. It is all about timing and studying the market. If you are able to make this smart move, you will always win over the market.

Believe it or not it depends on the person, before investing in Crypto, of course someone already knows the risk, if at a high crypto price there is no one who forces us to buy it, so buying or not, of course we alone the decided, so if now the price is crypto down, course there is no one we should blame.

it depends on each individual person. but obviously by buying bitcoin we can use to buy other coin gan. let alone investing in bitcoin is also very good. let alone for long term investment .

indeed we can invest or buy bitcoin for a long period of time, or to buy another altcoin to be able to generate big profits, if we can trade day.

kalau tanggapan saya tentang diciptakannya altcoin baru itu justru akan lebih bagus dalam dunia cryptocurrency, karena semakin banyak terciptanya altcoin baru tentunya sebagai pedagang akan banyak pilihan untuk mereka bisa mendapatkan keuntungan dalam perdagangan mereka.

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/

Quote from: tekatjaya on July 12, 2018, 03:06:19 PM

Quote from: I-Bit on July 11, 2018, 10:44:44 AM

mungkin saja bisa demikian, walaupun tidak ada kepastian terkait prediksi tersebut. Banyak isu dan perkembangan terkait dunia kripto juga punya peranan di sini.

isu yang negatif tentang crypto itu sangat cepat pengaruhnya untuk membuat para investor menjual aset mereka, entah ini permainan atau tidak yang pasti kita harus selalu bisa memprediksinya sendiri, untuk menghindari kerugian yang besar

saya setuju dengan pendapat anda berita berita negatif itu faktor utama yang mempengaruhi harga crypto dan itu sudah sering terjadi,banyak orang yang panik ketika ada brita negatif dan sebaliknya.

sayapun melihatnya juga seperti itu, berita negatif yang menyerang bitcoin itu salah satunya yang membuat bitcoin mengalami penurunan, karena banyak para investor baru yang mengalami kepanikan dan menjual beberapa bitcoin mereka tanpa memikirkan kerugian yang telah mereka alami.

What drives you crazily to venture into investing your resources in crypto?

I honestly have not so much knowledge about crypto, and I will learn to know it here, as I know that many people are investing in their crypto many who benefit.

There are many supporters of bitcoin in spite of the bloody moment in the market,  thinking that bitcoin is the only safest crypto currency for the investors because it is already establish and proven that bitcoin is able to make a bounce back from bad situation and the only crypto that has a control over all altcoins.

How about you, why you believe bitcoin as the safest crypto for investors?

if I do not know for sure,the is clear I do not really know, but what I know bitcoin is the first crypto money there, and much used as an investment of many people, and that's what happens to this day.

yes, I also think about investing in bitcoin, because I want to be like many people who have invested in bitcoin and they are even successful and can live better than ever, so this is an opportunity for us to immediately invest in bitcoin.