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Author Topic: Pilipinas (Philippines)  (Read 1204010 times)
Mike Scofield
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May 08, 2014, 08:47:54 PM
 #801

The launch of PHCoin will be extended out to another date so that the team can further elaborate on the new features and launch with confidence after all testing has been concluded. We apologize for anyone looking for the launch date today, but we cannot rush this part since it will include unique features like X11 + KNGW.

Stay tuned because there is some exciting things to come from this.

About the Algo in the upcoming launch:
PHCoin new Algo is a combination of X11 (for reduced electricity costs) and KGW + NGW combined (KNGW) for difficulty retargeting.
PHCoin will launch as a fair launch for the next 100 blocks, with lower block rewards until full rewards kicks in.

There is also an update in the PRE-ANN thread with OP organized in its content. Check it out!

Bounties are listed and PHCoin Rewards will start commencing.

Start helping with PHCoin Bounties, and you will be reserved for earnings once the coin launches.

PHCoin needs:
Block Explorer
Faucets
Designers (infographics, logos, w/e design you want to make)
Social Media posting
Community Thread starters
Translators (English to ANY language)
Content promoters
and much more. Send me a pm with your idea and plan to contribute.

Register for the PHCoinTalk forums and earn 1 PHC (Reserved) when the coin launches
Rewards/Bounties will be discussed here: http://phcointalk.org/categories/reward

Simply make a thread with your idea and plans, and you will receive a bounty for it.

PHCoin is the coin with a mission... https://bitcointalk.org/index.php?topic=58999 <=
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Let's talk governance, lipstick, and pigs.


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May 08, 2014, 09:21:58 PM
 #802

Has anyone pursued an SEC license for money exchanging services and Bitcoin ATMs?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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May 08, 2014, 09:44:22 PM
 #803

Has anyone pursued an SEC license for money exchanging services and Bitcoin ATMs?

I have an attorney that's started the process, but still working through issues.

Coinxchange Philippines: http://www.coinxchange.ph
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May 08, 2014, 10:58:55 PM
 #804

Has anyone pursued an SEC license for money exchanging services and Bitcoin ATMs?

I have an attorney that's started the process, but still working through issues.
I'm looking into it also if I can use the funds to also serve as an immigration bond.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
Mike Scofield
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May 09, 2014, 07:06:40 AM
 #805

Has anyone pursued an SEC license for money exchanging services and Bitcoin ATMs?

I have an attorney that's started the process, but still working through issues.

For what business?

PHCoin is the coin with a mission... https://bitcointalk.org/index.php?topic=58999 <=
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May 09, 2014, 07:08:20 AM
 #806

Dabs, it seems that you are Director of coinxchange. Is that site fully operating already? Are there fees for withdrawal? How can I withdrawal? Only banks (which banks?) Or also methods like mlhuillier, cebuana, etc? Looks like it's really cheaper than BuyBitcoin.ph and also cheaper than the cheap remittance site I use right now, so I might use it.

Only 1% fees for buying / selling, which you can clearly see as you are buying / selling. Banks include:

BPI
BPIExpressOnline (using mobile app, or add it to your regular internet banking)
BDO
MetroBank
UnionBank

so far.

Yah, use the link in my sig so I can track you. Smiley (Actually, we both get 200 PHP worth of bitcoin; aside from being Director, I'm also just another user.)
Thanks. I did signup thru your link. Not sure if or when I will use it since these banks are not in my area Sad

Mike Scofield
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May 09, 2014, 07:09:29 AM
 #807

Dabs, it seems that you are Director of coinxchange. Is that site fully operating already? Are there fees for withdrawal? How can I withdrawal? Only banks (which banks?) Or also methods like mlhuillier, cebuana, etc? Looks like it's really cheaper than BuyBitcoin.ph and also cheaper than the cheap remittance site I use right now, so I might use it.

Only 1% fees for buying / selling, which you can clearly see as you are buying / selling. Banks include:

BPI
BPIExpressOnline (using mobile app, or add it to your regular internet banking)
BDO
MetroBank
UnionBank

so far.

Yah, use the link in my sig so I can track you. Smiley (Actually, we both get 200 PHP worth of bitcoin; aside from being Director, I'm also just another user.)
Thanks. I did signup thru your link. Not sure if or when I will use it since these banks are not in my area Sad

I may sign up, this could be a useful resource Smiley

PHCoin is the coin with a mission... https://bitcointalk.org/index.php?topic=58999 <=
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May 09, 2014, 02:26:07 PM
 #808

Dabs, it seems that you are Director of coinxchange. Is that site fully operating already? Are there fees for withdrawal? How can I withdrawal? Only banks (which banks?) Or also methods like mlhuillier, cebuana, etc? Looks like it's really cheaper than BuyBitcoin.ph and also cheaper than the cheap remittance site I use right now, so I might use it.

Only 1% fees for buying / selling, which you can clearly see as you are buying / selling. Banks include:

BPI
BPIExpressOnline (using mobile app, or add it to your regular internet banking)
BDO
MetroBank
UnionBank

so far.

Yah, use the link in my sig so I can track you. Smiley (Actually, we both get 200 PHP worth of bitcoin; aside from being Director, I'm also just another user.)
Thanks. I did signup thru your link. Not sure if or when I will use it since these banks are not in my area Sad

NLNico, what bank or banks are close to you, or do you prefer?

Coinxchange Philippines: http://www.coinxchange.ph
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May 09, 2014, 02:53:36 PM
 #809

I think we have LandBank, PNB and Allied Bank here. Both LandBank and PNB seem ok to me.

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May 09, 2014, 05:08:54 PM
 #810

I think we have LandBank, PNB and Allied Bank here. Both LandBank and PNB seem ok to me.

I'll check with my staff to see if any of those banks have branches nearby.  thanks

Coinxchange Philippines: http://www.coinxchange.ph
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May 10, 2014, 10:56:06 AM
 #811

I think we have LandBank, PNB and Allied Bank here. Both LandBank and PNB seem ok to me.

I'll check with my staff to see if any of those banks have branches nearby.  thanks

and Please indicate the location of the bank account. so i can adjust my traveling expenses if they will charge me 50.00 again. when funding my account. thank you

share me some of those bits.. Wink
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May 10, 2014, 01:04:14 PM
 #812

Hi all

I am planning to visit the Philippines for around two weeks in mid June 2014, I will be heading to Cebu.  Does anyone know if there are any Bitcoin meetups, events or any type of activities I could attend, or even just a meeting.  Please PM me if your interested.

Many thanks
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May 10, 2014, 07:42:25 PM
 #813

Hi all

I am planning to visit the Philippines for around two weeks in mid June 2014, I will be heading to Cebu.  Does anyone know if there are any Bitcoin meetups, events or any type of activities I could attend, or even just a meeting.  Please PM me if your interested.

Many thanks

Jonny you may want to check out the Bitcoin PH group on Facebook (https://www.facebook.com/groups/bitcoinph/).  Meetups get posted there about once a month.  The May one just took place, but the June one has not yet been scheduled.

Coinxchange Philippines: http://www.coinxchange.ph
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May 11, 2014, 01:42:32 AM
 #814


and Please indicate the location of the bank account. so i can adjust my traveling expenses if they will charge me 50.00 again. when funding my account. thank you

True.

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May 11, 2014, 02:12:30 PM
 #815

I think we have LandBank, PNB and Allied Bank here. Both LandBank and PNB seem ok to me.

PNB bought Allied Bank. Allied Bank is no more. But clients of Allied Bank may still have some trouble accessing their accounts in other PNB branches. You'll have to ask your former branch.

If you are a new client, then you will probably open a new PNB account. If you just wish to do cash deposits, you don't even need to open an account. You'll only open one so you can withdraw to it.

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May 14, 2014, 01:18:49 AM
 #816

Coinxchange.ph is now accepting cash deposits to PNB (Philippine National Bank), as well as withdrawals to PNB accounts. Soon we will also process withdrawals through Cebuana Lhullier and LBC and other remittance services.

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May 14, 2014, 10:27:40 PM
 #817

Coinxchange.ph is now accepting cash deposits to PNB (Philippine National Bank), as well as withdrawals to PNB accounts. Soon we will also process withdrawals through Cebuana Lhullier and LBC and other remittance services.

Dabs can you get them to connect with PHCoin to pesos? This is a request that should be fufilled and hope to see some reputable exchanges earn business from that aspect of PHCoin to pesos exchange integration
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May 15, 2014, 12:24:24 AM
 #818

Ah, I don't know the details of how that got set up, I was just making the announcement so people are aware. Launch your coin first, get a stable network with miners, then we'll see how it can be connected to the exchanges. Coinx would be a bonus, but ideally, you'd like PHCoin traded on the bigger crypto exchanges (cryptsy, polo, bittrex, rush?, ...)

Coinx follows a coinbase style exchange, it is not an "open market" type of exchange, so it will have to use another bigger exchange as basis for it's rates.

None of the other local Philippine exchanges have "open market" bid/sell types of structure, except for tagcash.

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May 15, 2014, 01:00:26 AM
 #819

Coinxchange.ph is now accepting cash deposits to PNB (Philippine National Bank), as well as withdrawals to PNB accounts. Soon we will also process withdrawals through Cebuana Lhullier and LBC and other remittance services.
Awesome, thanks. But now I feel a bit like a dick.. cuz actually right now I am considering more to get a LandBank account instead of PNB. I compared the 2 and for PNB I always need 3K in there (otherwise 300 peso fee per month) and need 10K to earn 0.125% interest. With LandBank I only need an average of 500 in there (and only 200 fee if not) and would already earn 0.25% (2x more) interest with that amount. Most times I probably have 3K in the bank, but I don't really like restrictions Sad I will still consider.

Obviously I think your exchange should accept PNB anyway, since they have a lot of branches, also in the province. But still I feel bad as it is partly after my "request" xD :X

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May 15, 2014, 01:51:19 AM
 #820

I think BPI-Direct is best, if you have an ATM machine near by. Only P500 minimum to open and maintain. I don't think you're after the bank interest. POS coins make more, and there's JD.

https://www.bpidirect.com/assets/uploads/files/Savings%20and%20Checking%2003032014.bmp

(Stupid bank uses bitmap image.)

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