Bitcoin Use In Philippines

[Kaneki]

Sound like you seem to promote coins.ph and BuyBitcoin, you should show the screen shoot of the exchange so that peoples will trust because the majority of users have not know that exchange,maybe can make it this exchange be in the know.

[Dotakels]

Sound like you seem to promote coins.ph and BuyBitcoin, you should show the screen shoot of the exchange so that peoples will trust because the majority of users have not know that exchange,maybe can make it this exchange be in the know.

Thats right more on newbies haven't exchange.  If they trust and they dont know what is the value of their exchange,coins.ph abd buybitcoin.ph can outweigh the bitcoin users. And also screen shot can make idea to newbies how to exchange

[tokeweed]

How's the volume in these Phillipino exchanges? 

[Dotakels]

How's the volume in these Phillipino exchanges? 

Its ok not so low not so high. And the common users of bitcoin are in manila and some cant adapt. So that the volume cant be high

[dhimasnk]

I hope more and more bitcoin users in the Philippines and also more and more bitcoin users in worldwide

[operrajunk74]

I Don't think Its gonna work in Philippines looking at the scenario at present. They can't afford to trust bitcoin as a virtual currency as their Income is not upto the mark they fear of investing in bitcoin and have a feeling that they would loose their money as many scams and frauds are on internet.

[Kprawn]

Well, you have to ask yourself, how does Kenya make the "M-pesa" work in a 3rd world country?

The 1st world countries normally dump their old and outdated phones onto the 3rd world countries at cheaper prices and technology make it obsolete in a year anyways.

The thing that people from a 1st world country do not get, is the expensive cost of internet and mobile data in these 3rd world countries.

If you get paid $100 per month in salaries, you would struggle with those expensive data charges.  

[Dotakels]

I Don't think Its gonna work in Philippines looking at the scenario at present. They can't afford to trust bitcoin as a virtual currency as their Income is not upto the mark they fear of investing in bitcoin and have a feeling that they would loose their money as many scams and frauds are on internet.

Its working in a rural area or civilized. It wont work in provinces.  But in adaption like i said it easy to adapt bitcoin in area of metro manila because this area are aware to internet acces and they have enough knowledge about technology

[oblivi]

It would be cool if Pacquiao talked about Bitcoin for their citizens since he is the big voice in Philipines. Unfortunately im sure he'll never find out about it since he is far from the tech-geek circle which is basically where Bitcoin still lives, but we will get there slowly.

[Dotakels]

It would be cool if Pacquiao talked about Bitcoin for their citizens since he is the big voice in Philipines. Unfortunately im sure he'll never find out about it since he is far from the tech-geek circle which is basically where Bitcoin still lives, but we will get there slowly.

I think pacquiao cant do that he are so very busy. He is a Congressman, and he training for their battle of mayweather but pacquaio loss because of unanimous decision and i think the top rank betrayed him.

[rbscebu]

At present, the main places where bitcoin is used have WiFi available. There are very few places in the Philippines that provide free WiFi.

Most Filipinos have access to the internet, provided they have a suitable cell phone/tablet/computer. Without free WiFi, it becomes expensive for most Filipinos to access the internet. You are looking at about PHP5 per 15 minutes in a country where a reasonable daily salary is PHP300 (if you can find a job). I have WiFi in my home and that is costing me about PHP1,000 per month. Most Filipino businesses are not prepared to pay for internet just so they can utilise bitcoin in transactions.

Internet cafes are everywhere and charge about PHP15 per hour, however unless you are very tech savvy, internet cafes are not considered secure enough for bitcoin transactions.

When we can easily and securely send and receive bitcoin via SMS (using GSM network only), we'll have a winner for bitcoins in the Philippines (and similar countries).

[Dotakels]

At present, the main places where bitcoin is used have WiFi available. There are very few places in the Philippines that provide free WiFi.

Most Filipinos have access to the internet, provided they have a suitable cell phone/tablet/computer. Without free WiFi, it becomes expensive for most Filipinos to access the internet. You are looking at about PHP5 per 15 minutes in a country where a reasonable daily salary is PHP300 (if you can find a job). I have WiFi in my home and that is costing me about PHP1,000 per month. Most Filipino businesses are not prepared to pay for internet just so they can utilise bitcoin in transactions.

Internet cafes are everywhere and charge about PHP15 per hour, however unless you are very tech savvy, internet cafes are not considered secure enough for bitcoin transactions.

When we can easily and securely send and receive bitcoin via SMS (using GSM network only), we'll have a winner for bitcoins in the Philippines (and similar countries).

You can connect free wifi in the public places here in philippines, but the only thing is its only 0.02mb its so very slow and you can't use it to upload photos or videos.

[cbeast]

Internet cafes are everywhere and charge about PHP15 per hour, however unless you are very tech savvy, internet cafes are not considered secure enough for bitcoin transactions.

This will change. New security measures will allow Nanay to send bitcoins through a net cafe with zero chance of anyone stealing them.

[BitPilipinas]

coins.ph and BuyBitcoin. Both appear to be well operated, economical, and offer normal exchange

what's the daily volume of these?

Unknown by me, as they do not publish that information on their web sites.

Hmm... never trust these sort of small exchanges. They can crash at anytime and your coins can disappear. At least never store your coins with them.

I have been using coins.ph almost 5 months now and having no problems at all. Very satisfied with their service.

[Dotakels]

coins.ph and BuyBitcoin. Both appear to be well operated, economical, and offer normal exchange

what's the daily volume of these?

Unknown by me, as they do not publish that information on their web sites.

Hmm... never trust these sort of small exchanges. They can crash at anytime and your coins can disappear. At least never store your coins with them.

I have been using coins.ph almost 5 months now and having no problems at all. Very satisfied with their service.

The only issue with coins.ph is sometimes they not giving you an email or text that they are already gave the payout.

[thebigtalk]

coins.ph and BuyBitcoin. Both appear to be well operated, economical, and offer normal exchange

what's the daily volume of these?

IMO, Localbitcoins is the biggest Bitcoin exchange (in terms of volume) there. Both coins.ph and BuyBitcoin are relatively new, and most people are unheard about their services.

Well coins.ph is now gaining popularity due to massive advertising with PPC networks like Google adwords, facebook ads and probably in the future, public media such as radio and television. It might not be some time soon but it will come.

[TPTB_need_war]

coins.ph and BuyBitcoin. Both appear to be well operated, economical, and offer normal exchange

what's the daily volume of these?

IMO, Localbitcoins is the biggest Bitcoin exchange (in terms of volume) there. Both coins.ph and BuyBitcoin are relatively new, and most people are unheard about their services.

I was told this week by Localbitcoins that the BTC trade volume is greater than China and on the order of Spain, but higher BTC per trade i.e. fewer trades.

[TPTB_need_war]

It would be cool if Pacquiao talked about Bitcoin for their citizens since he is the big voice in Philipines. Unfortunately im sure he'll never find out about it since he is far from the tech-geek circle which is basically where Bitcoin still lives, but we will get there slowly.

I can go visit him perhaps at his gym once the latest media frenzy over his Mayweather fight (and possible but unlikely rematch) dies down a bit. Given I am into boxing and I can speak his native dialect, maybe I might gain access to workout in his gym and get noticed enough to happenstance a meeting. Given my blindness in one eye and my athleticism at my advanced age (50) and my long history in Mindanao, this might be the recipe to gain access. Also I know how to joke with and appeal to the feelings of "family" or "best friend" of Filipino culture. Several years ago I could have easily done this and I even drove by his house, but wasn't into training boxing then. I actually noticed Pacquiao back in the 1990s on local television and noted to myself that he was going to be a world champion. At that time it would have been trivially easy to meet him and I had visited General Santos at that time.

[torrentheaven]

I hope more and more bitcoin users in the Philippines and also more and more bitcoin users in worldwide

Exactly we don't need only users in philippines that should start using bitcoins but want that bitcoin should have exposure on the global level then only the purpose will serve and once it is used worldwide it can change the financial world.

[runpaint]

I don't know much about the Phillipines, but in Indonesia you can buy bitcoin over-the-counter at 10,000 Indomaret convenience store locations.