While the fear of missing out (FOMO) syndrome is often associated with youngsters who keep busy to not miss opportunities, the truth is, we experience the same kind of fear regardless of age. Even before social media played a huge part in changing communication and increasing FOMO, we may have experienced it at school, college or work. Remember when your schoolmates went gaga over surfing clothing brands such as Roxy and Billabong then you decided to get one, too? As we grow older, the fear could be triggered when a friend earns a job with a big company, gets married, owns Bitcoin… the list goes on. There will always be new fears of missing out in every stage of life. If this sounds like you, hopefully, these four points help you persevere until your big break comes. Keep on practicing, you’ll be ready when the opportunity arises People don’t become successful by just waiting for their big break, they work for it. Sure, some people are fortunate to have their talent … [Read more...] about Don’t worry late bloomers, your time will come
When bitcoin will grow
Stringent regulations and imminent market saturation could be the main factors prompting the forthcoming closure of Bitcoin Co Ltd (bx.in.th), Thailand's largest digital asset exchange, say local operators of digital asset exchanges."BX may be worried about providing customer information and trading information to the Securities and Exchange Commission [SEC] on a daily basis," said Poramin Insom, founder of Satang Corporation Co Ltd. "The SEC does cross-check for prices of digital asset transactions every day." Authorised digital asset exchanges are required to disclose high-value transactions to the SEC and the Anti-Money Laundering Office. Bitcoin Co may not want to submit to such stringent reporting, and there could be additional regulations for digital asset exchanges to comply with in the future, said Mr Poramin. Additional regulations could stifle Bitcoin Co's competitiveness against foreign digital asset exchanges vying to operate in Thailand legally, he said. Higher competition … [Read more...] about Speculation grows on BX bowing out
PETALING JAYA: Bitcoin, the most heatedly debated subject in the financial market a year ago, has seen some renewed interest recently when its price topped the US$8,000 (RM33,360) mark on May 15. This marks a year-to-date increase of over 100%, but how would bitcoin perform this time around and what is driving its rally? As at 6pm today, bitcoin price was trading at around US$7,975 (RM33,261), compared with US$8,099 (RM33,779) on May 15, according to blockchain and cryptocurrency online portal Coindesk. Recall that bitcoin hit its peak of over US$20,000 (RM83,820) in late 2017, but it was followed by a sharp plunge in early 2018 with its price reaching a low of US$3,339 (RM13,993). According to Yusho Liu, CEO of Coinhako, a crypto exchange platform based in Singapore, the spike in demand for cryptocurrencies recently was not an overnight surge as people have been monitoring the price movement all along for the past six to 12 months and the volume on its platform has doubled over the … [Read more...] about Bitcoin price on ascent again – is it a fluke?
With widespread poverty, lax laws, and creaking judicial systems, Thailand, Cambodia, Vietnam, Laos, and the Philippines have long been seen as soft spots by foreign and local paedophiles seeking out underage sex in person. Tougher policing and greater awareness has deterred some offenders, but technology has shifted the patterns of abuse in a region with growing access to broadband internet and encrypted technology. Paedophiles can now use an array of mobile and online tools – including social networks, video-sharing sites, and the dark web – to direct and watch child rape and sexual abuse with anonymity, experts warn. “Predators watch the rapes on large platforms that are not likely to close,” says Fran?ois Xavier Souchet, of Thai-based NGO Terre des Hommes. “It’s live, nothing is recorded ... everything is encrypted. They pay more and more in Bitcoins, encrypted money makes their transactions as secure as possible,” he … [Read more...] about SE Asia’s kids targeted by new wave of online paedophiles
LONDON: Bitcoin's share of the cryptocurrency market is sliding, with a host of alternative digital coins gaining ground as developers race to create digital cash that can gain a footing in mainstream commerce and finance.As these "altcoins" grow in prominence, Reuters is publishing a series of stories that examines the features and characteristics of some of the alternatives to bitcoin that have grabbed the attention of developers, investors and regulators.The first in this series looks at Monero - referred to as a privacy coin because it allows users to conceal nearly all details of transactions. It has become increasingly used for illegal purposes.Since its launch in 2014, Monero has grown to be the 12th biggest cryptocurrency by market capitalisation with around US$1.4 billion-worth in circulation.HOW IS MONERO DIFFERENT TO BITCOIN?Every transaction involving Monero obscures the digital addresses of the senders and receivers, as well as the value of the transaction. That offers … [Read more...] about ‘Privacy coin’ Monero offers near total anonymity