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dimonstration
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October 21, 2016, 05:09:14 AM |
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Kaya hindi ako nag kamali ng support tong coin NATO. Guys kung wala pa kayo pesobit time to buy now bago pa tumaas ng husto ang price.
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bitwarrior
Legendary
 Offline
Activity: 1764
Merit: 1000
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October 21, 2016, 06:33:33 AM |
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Kaya hindi ako nag kamali ng support tong coin NATO. Guys kung wala pa kayo pesobit time to buy now bago pa tumaas ng husto ang price.
I will say that again.. its the best time now to get Pesobit from the exchanges. SOMETHING BIG is about to happen SOON! |
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Dabs
Legendary
Offline
Activity: 3416
Merit: 1912
The Concierge of Crypto
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October 21, 2016, 03:06:31 PM |
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Let's see:
10 million Filipinos abroad
29 billion USD for all of them in 2015. At least 30 billion by this year.
If only 1% of those 10 million decide to use PSB = 100,000 users.
If they average $100 USD remittance per month = $10 million USD.
If they average 10 transactions a year = $100 million USD.
If we divide by 20 million PSB = $5 USD per PSB.
If we look at current exchange rates = 0.007 BTC per PSB. My sell target is 0.001 BTC or 0.0005 BTC, because there are other variables to consider, the actual price of BTC by then, and a bunch of other stuff. We already hit close to 10k satoshis (0.0001 BTC).
We get that in 1 or 2 years? Maybe 3? Maybe 5.
Some OFWs send more. Some don't send at all. So we try to get an average. Some send $500 per month for all 12 months of the year.
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Lutzow (OP)
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October 21, 2016, 06:01:01 PM |
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The direct buying of Pesobit via the Online Wallet will probably be released within the next 24 hours, just a little more tests when it comes to the crediting of Pesobits, transactions listing etc but it's pretty much 90% complete. Why direct buying will be implemented? Since Pesobit was introduced mostly to the Filipinos, lots of users are first timers and dealing with exchanges is kinda off to some especially if this is the first time you got into the cryptocurrency field. It is easy though to get into crypto here in the Philippines because of coins.ph but getting into the exchange and navigating to finally buy Pesobit is somewhat not newbie-friendly that's why there are lots of users who are dealing with peer-to-peer transactions just to bypass the exchanges which is prone to scamming and overpricing. The pesobits to be sold will be coming from the Development wallet which is 3rd in the rich list ( https://chainz.cryptoid.info/psb/#!rich), and the proceeds will be used to create further support in the exchanges. How will it work? - The minimum order is 100 PSBs - The amount that you have to pay will be based on the price in the wallet at the time your created the order as we know that the price is varying and btc transfer takes quite some time. - You can only have 1 pending order to avoid abuse in to the pending orders as you can set orders and wait for the price to go up then you still end up buying cheap. - The pending order will be cancelled if no payment has been received within the next 24 hours. - It requires 2 confirmations for the status to be marked as paid and the Pesobits ordered be credited to your account. Be careful though with transaction fees of other bitcoin wallets, most Filipinos though who are using coins.ph doesn't have to worry about tx fees but others might. That's it for now  |
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Lutzow (OP)
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October 23, 2016, 04:04:51 PM |
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Shutting down the online wallet temporarily to run some testing on the Buy feature using an API from another exchange.
The main site pesobit.net is also under renovation but will be up with a better site.
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Lutzow (OP)
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October 23, 2016, 05:51:04 PM |
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We're consolidating pesobit.net, blog.pesobit.net and wallet.pesobit.net and api.pesobit.net. Also running tests in connectivity to an external site which is the partnering peso wallet.
If things don't run smooth we'll bring up the services as they were.
Thanks
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Lutzow (OP)
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October 24, 2016, 03:26:03 AM |
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As negotiations are being inked, we need to comply to the banking standard in security as we prepare connectivity to the peso wallet. Coding of the online wallet is now being double-checked so you probably noticed that most coins are being transferred to another wallet (1st in rich list). It will be down probably for the next 24 hours just to be sure. Direct buying will still be enabled only that we found a better option that we're exploring too.
As for this week, meeting with another bank as 3rd option for cashing out and possible merchants and partners.
Price is hovering at around 2800 sats at the moment.
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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October 24, 2016, 04:22:15 AM |
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As negotiations are being inked, we need to comply to the banking standard in security as we prepare connectivity to the peso wallet. Coding of the online wallet is now being double-checked so you probably noticed that most coins are being transferred to another wallet (1st in rich list). It will be down probably for the next 24 hours just to be sure. Direct buying will still be enabled only that we found a better option that we're exploring too.
As for this week, meeting with another bank as 3rd option for cashing out and possible merchants and partners.
Price is hovering at around 2800 sats at the moment.
As usual, great updates again from the PSB Dev! |
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syndria
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October 24, 2016, 07:54:51 AM |
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As negotiations are being inked, we need to comply to the banking standard in security as we prepare connectivity to the peso wallet. Coding of the online wallet is now being double-checked so you probably noticed that most coins are being transferred to another wallet (1st in rich list). It will be down probably for the next 24 hours just to be sure. Direct buying will still be enabled only that we found a better option that we're exploring too.
As for this week, meeting with another bank as 3rd option for cashing out and possible merchants and partners.
Price is hovering at around 2800 sats at the moment.
As usual, great updates again from the PSB Dev! Ang patuloy na updatesng devs nito ang isa sa magpapalakas dito, konting tsaga lang lalakas din tayo. |
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idaholic
Member
Offline
Activity: 82
Merit: 10
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October 24, 2016, 08:43:39 AM |
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Apologies for being a newbie. But can you help me out how to get PSB thru mining? Or is it buying lang talaga and maka2mine lang ako is pure Stake? |
Two rules for sucess:
1. Do not tell anyone!
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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October 24, 2016, 09:14:51 AM |
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Apologies for being a newbie. But can you help me out how to get PSB thru mining? Or is it buying lang talaga and maka2mine lang ako is pure Stake?
Download the desktop wallet from pesobit.net Buy some PSB from the list of exchanges, better buy from cryptopia since they have a better volume there per price range. Send your PSB to your wallet and start staking approximately within 4 hrs, the more coins you have the better. Or you can send your PSB to the online wallet for better staking rewards, but its currently being upgraded for activation of additional feature. |
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Lutzow (OP)
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October 24, 2016, 03:41:59 PM |
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The online wallet will be still be down as we're making some code revisions to make sure that security is at its finest. We're close in reopening it though. Pesobit testing between Coinomi mobile wallets worked ( https://chainz.cryptoid.info/psb/tx.dws?173635.htm). I hope things will go well so we can see Pesobit within the next 24 hours in the Coinomi multi-wallet platform. More merchants and partners are now interested in accepting Pesobit into their system, so this week is again a fully booked one for me. Hope to secure some deals so I can announce about them. |
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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October 25, 2016, 12:48:00 AM |
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The online wallet will be still be down as we're making some code revisions to make sure that security is at its finest. We're close in reopening it though. Pesobit testing between Coinomi mobile wallets worked ( https://chainz.cryptoid.info/psb/tx.dws?173635.htm). I hope things will go well so we can see Pesobit within the next 24 hours in the Coinomi multi-wallet platform. More merchants and partners are now interested in accepting Pesobit into their system, so this week is again a fully booked one for me. Hope to secure some deals so I can announce about them.  Congrats to Pesobit Team!!! |
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Lutzow (OP)
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October 25, 2016, 01:41:01 AM |
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Coinomi now includes Pesobit in their supported coins. The Online Wallet will be up later today as well as we're already done of codes and security measures. Your PSB addresses remains the same in the Online Wallet. Sending from Online Wallet to Coinomi is also working perfectly. Coinomi only supports Android for now but is working on iOS and Desktop application as well. Transferring funds via QR Code works as well. We just need to make some push for Shapeshift.io to accept Pesobit as well so you can do direct conversion of any coins to Pesobit direct from your wallet. Please follow www.twitter.com/pesobit and retweet https://twitter.com/pesobit/status/790724138214133760 |
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Dabs
Legendary
Offline
Activity: 3416
Merit: 1912
The Concierge of Crypto
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October 25, 2016, 01:47:41 AM |
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Sana mas dumami ng dumami ang gumamit ng pesobit. Yung tipong 0.1 lang pesobit ay malaking halaga na pag pesos ang pinag uusapan hehe. Hindi naman po siguro yun malabo.
Pwede 0.1 Pesobit = 25 Pesos. That's one realistic goal in maybe 2 or 3 years. It could happen sooner. |
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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October 25, 2016, 01:55:29 AM |
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Sana mas dumami ng dumami ang gumamit ng pesobit. Yung tipong 0.1 lang pesobit ay malaking halaga na pag pesos ang pinag uusapan hehe. Hindi naman po siguro yun malabo.
Pwede 0.1 Pesobit = 25 Pesos. That's one realistic goal in maybe 2 or 3 years. It could happen sooner. Kapag nagkaroon ng MAD Rush to Buy ng Pesobit before December this year, that would be a possibility. News on PSB will be spreading soon globally. Nasa tamang timing lang yan. Marami tayong mga OFWs na may info na about PSB, and mostly this is happening on Facebook |
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passivebesiege
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October 25, 2016, 10:10:29 AM
Last edit: October 25, 2016, 10:20:49 AM by passivebesiege |
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Sana mas dumami ng dumami ang gumamit ng pesobit. Yung tipong 0.1 lang pesobit ay malaking halaga na pag pesos ang pinag uusapan hehe. Hindi naman po siguro yun malabo.
Pwede 0.1 Pesobit = 25 Pesos. That's one realistic goal in maybe 2 or 3 years. It could happen sooner. Agree Kay sir dabs it's possible nman, kaya nag iipon na ako ngayon habang Mura pa sayang yung time kung hindi mo nmn igagrab pag dating ng Dec niyan siguro tuloy tuloy na. |
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Lutzow (OP)
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October 25, 2016, 12:44:39 PM |
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Online Wallet is now official up and running although it has been actually running for several hours now and I was just in the background checking transactions and performance. There was minor code revision for added security to comply with banking standard as we're now talking with the banking sector. QR Code is now shown in the Receive section to better work with Coinomi. More improvements will come along the way. Total Staking Coins so far is 5.618 million coins. Some good news came out of a business negotiation today, more business meetings are scheduled for the rest of the week. Continue tweeting for Pesobit inclusion to Shapeshift.io by retweeting our tweets at www.twitter.com/pesobit or simply retweet this https://twitter.com/pesobit/status/790724138214133760 |
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bitcoin31
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October 25, 2016, 10:41:47 PM |
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Sana mas dumami ng dumami ang gumamit ng pesobit. Yung tipong 0.1 lang pesobit ay malaking halaga na pag pesos ang pinag uusapan hehe. Hindi naman po siguro yun malabo.
Pwede 0.1 Pesobit = 25 Pesos. That's one realistic goal in maybe 2 or 3 years. It could happen sooner. Agree Kay sir dabs it's possible nman, kaya nag iipon na ako ngayon habang Mura pa sayang yung time kung hindi mo nmn igagrab pag dating ng Dec niyan siguro tuloy tuloy na. Tama walang impossible kay pesobit na mangyari yun. Ang gawin natin I promote nation ng ipromote tong coin na to para lalo pa tumaas ang presyo niya para lahat tayo ay maging happy . promote pesobit pump pesobit . pesobit to the moon. |
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cjrosero
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October 26, 2016, 12:20:26 AM |
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Sana mas dumami ng dumami ang gumamit ng pesobit. Yung tipong 0.1 lang pesobit ay malaking halaga na pag pesos ang pinag uusapan hehe. Hindi naman po siguro yun malabo.
Pwede 0.1 Pesobit = 25 Pesos. That's one realistic goal in maybe 2 or 3 years. It could happen sooner. Agree Kay sir dabs it's possible nman, kaya nag iipon na ako ngayon habang Mura pa sayang yung time kung hindi mo nmn igagrab pag dating ng Dec niyan siguro tuloy tuloy na. Tama walang impossible kay pesobit na mangyari yun. Ang gawin natin I promote nation ng ipromote tong coin na to para lalo pa tumaas ang presyo niya para lahat tayo ay maging happy . promote pesobit pump pesobit . pesobit to the moon. agree ako ipromote lng to ng promote atleast gayahin sana ung marketing strategy ng coins.ph na meron 25 pesos every refferal na nag confirm dun na iinganyo ang mga tao sa reward kaso malaking investment un at risk. |
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