Bitcoin

[kagalingan]

carxynogen, ulysees,

Hindi ko pa talaga magets cryptocurrency. Nalilito pa ako. Slower than slow.

Naisip ko ngayon covid nafeel ng governments of the world ang control. Eventually mauulit ito or may terrorist magchemical warfare. Papasok na ako farming for my own consumption. Para hindi ako at the mercy kung sino lang pwede bumili.

Sa soil ako magiinvest. I will have a carabao for my milk, duck for my egg, and gulay & fruits. Pag meat sa iba ako bibiili. As much as possible hindi ako papatay karne na inaalagaan ko. So milk & egg lang. So my animals will die of old age / natural death.

[ratboy]

Isipin niyo na lang what if nangyari sa philippines ang nangyare sa afghanistan. Pwede ka umalis dito sa bansa pero yung mga properties mo kukunin sayo, gold mo kukumpiskahin, pera mo sa bank mawawalan ng value. Decentralized crypto lang di makukuha sayo basta wag mo ibibigay seedphrase mo

[_Cathy_]

Isipin niyo na lang what if nangyari sa philippines ang nangyare sa afghanistan. Pwede ka umalis dito sa bansa pero yung mga properties mo kukunin sayo, gold mo kukumpiskahin, pera mo sa bank mawawalan ng value. Decentralized crypto lang di makukuha sayo basta wag mo ibibigay seedphrase mo

Kaya dapat may offshore account ka din talaga, for those who aren't into those crypto whatever hehe

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[ratboy]

Kaya dapat may offshore account ka din talaga, for those who aren't into those crypto whatever hehe

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Hehe problem lang sa offshore account centralized pa rin, nakadepende pa rin sa bank na mag handle ng account so if something happens sa bank or country where the bank is located eh baka maapektuhan ang pera mo din. Maganda talaga concept ng blockchain/crypto na decentralization, although sa ngayon btc at eth pa lang yung heavily decentralized talaga. Sana maimprove nila decentralization ng solana and other layer 1 protocols without compromising speed, scalability and transaction fees..

[uls]

eto check niyo ngayon yung nothing nft, literal na walang laman kaya nothing. 0.01 sol mint kahapon tapos 2.5 sol na floor price ngayon hahaha kalokohan lang pang memes pero pumatok din Magic Eden - NFT Marketplace

hahaha

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[madball]

[Archerfish]

magastos sa gas kung eth nfts ka magflip,
]

Why do you have to use gasoline? Please excuse my ignorance.

[uls]

Why do you have to use gasoline? Please excuse my ignorance.

it's called gas fee

like when you send money via wire transfer you need to pay a fee

mataas ang gas fee sa ethereum network coz there are so many transactions taking place there

[Archerfish]

it's called gas fee

like when you send money via wire transfer you need to pay a fee

mataas ang gas fee sa ethereum network coz there are so many transactions taking place there

Thanks! I think I'll let my kids read what you have posted previously about those pictures. I hope they can explain it to me. I want to give this a try.

EDIT: If they used the term "transaction fee" I wouldn't have asked.
[emoji3]

[uls]

NFTs going mainstream

[SpinCycle]

NFTs going mainstream

Yep. Millionaires are gobbling this up


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[Verbl Kint]

There's a good video on explaining cryptocurrency on Netflix. Here's the accompanying piece from Vox:

What is bitcoin? Cryptocurrencies could be the way of the future. - Vox



I would advise the intrepid investor to do further research in this order:

1) Understand the basics of distributed computing (e.g. SETI, cloud computing) and peer to peer networking (e.g. Bit*******, Kazaa).
2) Learn how a blockchain works and how this digitally distributed ledger keeps/makes records
3) Get to know how and why Bitcoin thrived
4) Get to know Decentralized Finance (DeFi) and other blockchains like Ethereum and Solana, including other concepts like Proof-of-Work (PoW) vs Proof-of-Stake (PoS).
5) Learn the basics of Non-Fungible Tokens (NFT's) and its many applications, including digital art and Play-to-Earn (P2E) online gaming models.
6) Look around and find out what sort of real-world applications of this is in your country/locale (e.g. Axie Infinity, track and trace logistics)



You will probably need a few days to get enough foundational knowledge to invest. Otherwise, do NOT get into crypto. Don't get FOMO (fear of missing out) and just dive in head first without knowing what all these newfangled things are about. You will most likely end up LOSING money.

It's basically like any other investment instrument: don't get into it without first understanding it.

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[Archerfish]

There's a good video on explaining cryptocurrency on Netflix. Here's the accompanying piece from Vox:

What is bitcoin? Cryptocurrencies could be the way of the future. - Vox



I would advise the intrepid investor to do further research in this order:

1) Understand the basics of distributed computing (e.g. SETI, cloud computing) and peer to peer networking (e.g. Bit*******, Kazaa).
2) Learn how a blockchain works and how this digitally distributed ledger keeps/makes records
3) Get to know how and why Bitcoin thrived
4) Get to know Decentralized Finance (DeFi) and other blockchains like Ethereum and Solana, including other concepts like Proof-of-Work (PoW) vs Proof-of-Stake (PoS).
5) Learn the basics of Non-Fungible Tokens (NFT's) and its many applications, including digital art and Play-to-Earn (P2E) online gaming models.
6) Look around and find out what sort of real-world applications of this is in your country/locale (e.g. Axie Infinity, track and trace logistics)



You will probably need a few days to get enough foundational knowledge to invest. Otherwise, do NOT get into crypto. Don't get FOMO (fear of missing out) and just dive in head first without knowing what all these newfangled things are about. You will most likely end up LOSING money.

It's basically like any other investment instrument: don't get into it without first understanding it.

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Thank you for your post! I now have something to start with.

[StockEngine]

btc is dropping. russian ban hammer and team blue's "asic" related. even eth is affected

[ratboy]

Watchout for invisible friends minting on feb. 23. One of the most hyped and most anticipated nft drop in history, seems like the drop is even more hyped than mekaverse and hapebeast and they only have 5k supply for the collection. Even celebrities like fall out boy are begging for whitelist in this project. Art is nothing spectacular but you know nft traders are allured to "breath of fresh air art" and the ones that start trends on their art style then spawn so many derivatives after the drop. Like when azuki dropped market suddenly got flooded with anime style projects, same with thousands of ape projects following BAYC. Those who bought moodrollers/slimhoods in order to get whitelist here are betting invisible friends will trade around ~10 eth right off the bat as that was roughly the amount they spent for the whitelist.

[kagalingan]

i dont have atm, no credit card, no gcash, no online transfer.

LaLo hindi ko nagets bitcoin. Bumagsak na ba?

[BlancNoir]

i dont have atm, no credit card, no gcash, no online transfer.

LaLo hindi ko nagets bitcoin. Bumagsak na ba?

yep, downtrend since its high of 69k++ usd.

[StockEngine]

its recovering since team blue's delay...

[StockEngine]

not yet confirmed but...gpu prices might go up

NVIDIA RTX LHR BIOS v2 Unlocker supposedly removes mining hashrate limit from Ampere cards - VideoCardz.com

[uls]