Bitcoin

**tr1ck5h07** · December 13th, 2017 01:51 AM

I love how btc is shaking up the industry and banks are now scrambling to either get with the program or defaming it as just a fad.

Sent from my iPhone using Tapatalk

**Verbl Kint** · December 13th, 2017 07:05 AM

Agreed. There's a lot of FUD being spread around.

**dreamur** · December 13th, 2017 09:08 AM

Think pyramid - there is no real product that drives the price. It is purely based on speculation that more and more people (downline) will join the craze.

Think money laundering - who would like to put a large sum into the system that cannot be traced or regulated?

My 2 centavos bitcoin.

Sent from my SM-N950F using Tapatalk

**tr1ck5h07** · December 13th, 2017 09:32 AM

The transactions are actually quite traceable as everything is recorded on the blockchain. What challenges law enforcement is the anonymity factor of those involved in the transaction.

So forensics are now looking into better ways to catch criminals using cryptocurrencies. Even the admin of Silk Road was eventually caught through his IP address.

Sent from my iPhone using Tapatalk

**tr1ck5h07** · December 13th, 2017 10:12 AM

Ethereum is up 20% with the announcemeny of a collab project by UBS, Barclays, Credit Suisse, KBC, SIX and Thomson Reuters.

Crypto is looking up.

Sent from my iPhone using Tapatalk

**Calistro** · December 13th, 2017 11:16 AM

That's nice. Looks like it will be some time before the hype dies down and cryptos stabilize.

Sent from my ASUS_Z00ED using Tsikot Forums mobile app

**uls** · December 13th, 2017 11:46 AM

cryptos are all jockeying for position to become the currency of the future

in the future everybody's gonna pay for goods and services and get paid salaries with some kind of crypto but nobody knows which one yet

**tr1ck5h07** · December 13th, 2017 11:49 AM

Crypto will make forex so much easier. I will no longer need to go to a bank, wait in line to convert my peso to whatever currency I need when going on a trip.

Sent from my iPhone using Tapatalk

**shadow** · December 13th, 2017 11:50 AM

Originally Posted by dreamur

Think pyramid - there is no real product that drives the price. It is purely based on speculation that more and more people (downline) will join the craze.

Think money laundering - who would like to put a large sum into the system that cannot be traced or regulated?

My 2 centavos bitcoin.

Sent from my SM-N950F using Tapatalk

This is my point. Parang puro hangin lang usapan.

I'm asking because my HS barkadas are planning to pool our money to invest on this.

Sent from my iPhone using Tapatalk