Well bitcoin seems to have caught hold in the Philippines. They do have a lot of bitcoin-related services. Wish the rest of the world could be as accepting as them towards bitcoin. Definitely a positive lean on bitcoin.
I would love to see where all this hype is coming from.
I live here, I am a member of many MANY Philippines Bitcoin and crypto related facebook groups. I have met a lot of so called bitcoin investors. For me I see no real interest in the people here. I see no real involvement and I sure dont see any of these bitcoin-related services. I see very very few miners and I have one of the largest bitcoin mining farms in the Philippines and it is tiny compared to most western farms.
I cant even organize these people to come together as a group and help progress themselves as bitcoiners and investors. From my experience most of the investors I have met, got in when the coins were super cheap and just want to be bagholders. I see most of them are doing anything and everything free they can to obtain bitcoins right now, but want no part in a real investment, Like a bitcoin mining pool for the Philippines that is solar powered, Or a bitcoin cloud mining operation that is solar powered.I have mentioned these and other progressive ideas to many of the investors that said they were big holders of bitcoins.
Their internet sucks holding all of us back from any of those opportunities. For faucets, and anything related like that we have to fight each other, meaning if me and my neighbor do the same faucet and he does the faucet before me, I incur his wait time on my account, Or he is a member of a site that has a one per household limit I can not join in, because they have what is called shared internet service. Not to mention all of the ISP providers customer IPS as well as server IPs are blacklisted making it impossible to even get accounts with a lot of the income generating avenues Bitcoin offers.
The Filipinos that do seem genuinely interested are mostly OFWs or people who are Filipino but do not live here anymore looking for good opportunities to help their families back here.
I will say coins.ph is one of the leaders in the bitcoin revolution over here and have tried a few times to get me to utilize thier service however I am a local bitcoins man, I have been with them from the beginning and as of right now have no intentions on changing.
I have actually stopped dealing with the Philippines investors due to their lack of true interest, their embellishing of their true invested amounts, and just the things most of them have told me that were simply lip service or empty promises. I have connected with investors from Viet Nam instead. and we are progressing very promising projects right now. It is sad the Filipino people have a lot to benefit from Bitcoins and the crypto community, but the reality is they neither see the benefits nor have a real want to get involved unless it is free. They have the misunderstanding that in business you never have to spend money to make money, and they cant see past the hand in front of their face. A lot of them are looking for a quick payout, and overnight quadruple their money ordeal and dont seem to realize that train long passed us a couple years ago.
It really is sad how hard i worked, how many people I met and how little involved they really wanted to be. It is even more sad that i know how much an investor can profit from some of the programs we have in mind, and last but not least it is most sad that i had to go out of the country where I live to find true investors who gave me more than lip service and empty promises.
Please be extremely cautious of Leroy Fodor, for this fucker is a proven liar and con artist:
https://bitcointalk.org/index.php?topic=990219.0https://www.bitcoinforum.com/profile/?area=showposts;sa=messages;u=4909Hello, I have began reading into Bitcoin mining for over a month now. I have tried to research many things to find the best way to build a good computer to accomplish successful mining. Ordering the good mining equipment would be very problematic because I live in the Philippines right now. Getting all that nice equipment would be very hard here. So i must settle to try this with the use of computers and their hardware available to me.
Allow me to go over my situation, I have an empty building I would like to dedicate to mining. I can have computers built to my specs. I would like to join a successful pool that I can contribute my hardware as an asset rather than just an addition.
Questions I have,
How many computers will I need to successfully make a nice profit? Electricity is not a problem as far as costs go. Very inexpensive here.
Can I use the force of 4 or more computers as one merged unit or must I register them all as separate workers.
If I can use them as a merged effort on my end which way is actually more profitable, to use them separate or merge them together as one force?
How should I build these computers.
Things I had in mind, I would like to use
ASUS F1 A55-M LX3 R2.0 mother board
AMD A8 radeon processor with
2 AMD Radeon graphics cards, and hopefully
2 32gig DDR3 1066MHz ram sets.
This will actually give my computers 3 accessible video cards, the 1 to 2 gig onboard radeon video as well as the 2 additional radeon video cards.
I would really love to get invested in this, and if I can do it using computers I will possibly have the option to buy 5 or 10 brand new ones very inexpensively.
Things I do not understand, if I would have 4 computers built to the specs above, Can I make them all work together as one unit to produce better profits in a pool.
If you can merge them is there extensive knowledge to networks needed and coding in order to accomplish this task?
I have been looking for over a month and it seems the people who can answer these questions are somewhat mean in a way and never directly answer the questions, they use an answer like "if you have to ask that don't get involved" and answers like that do not help me to research this investment, or anyone elses for that matter. I have never mined before and I am very interested in getting started, any information you can pass along to help me figure out the best path to take would be very beneficial.
http://moneyinpjs.com/forums/index.php/topic,257.msg706.html#msg706I got started in Bitcoin a while ago, I was a day trader in the Forex Commodoties exchange. I closed my accounts in forex and sold my whole portfolio. And I started my own bitcoin mining farm in 2012. My wife and I this time last year had just suffered a fire that destroyed our large Bitcoin Mining farm. It was complete with Solar power, and just began switching out over power super PC we built and used as rigs for larger new ASIC equipment. We then suffered a terrible fire cause by arson that destroyed 3 businesses and our home. (we live in the Philippines so your business is part of your house in most occasions.) With no help from anyone, Not even the bitcoin community we were forced to start our new Bitcoin mining business with absolutely no money at all. Since I have done very well with the business so far, I built an informational website that helps to know how we did what we did. I saw I have a 3 month ROI on my miners which surprises most bitcoin miners and they kept asking how I was doing it, and I have helped many people get and earn bitcoin for free, all the way up to owning their own bitcoin mining farms with no money out of their pocket.
It does not have referral or affiliate offerings but I am thinking of adding this in the future.
So today i will give you the link to my website, it has faucets, game links, mining pool information and links to them, it has a place with a link where you can check any site for scams. The contact page goes directly to my personal email so all the questions I see personally and answer myself. It has a lot of great information for free to anyone who chooses to use it.
http://knlgfx.wix.com/bitland Leroy Fodor is a Fuckin' Liar!
May 26, 2014, 07:19:31 AM: I'm new to Bitcoin. PLEASE HELP ME!
December 30, 2014, 04:03:22 AM: I started in Bitcoin in 2012, but lost my solar power bitcoin mining farm and three businesses and my home due to a fire. PLEASE HELP ME!
http://www.gofundme.com/1pbo38Thank you for all this attention, However I do not ned it, You are a time wasting troll, your posts make no sense, and only you and your sockpuppets believe them. I have disproven you on everything you post about.
At the end of the day your a lieing criminal whose opinion matters to no one.
Here's the deal, Leroy Fodor, disprove this post and I will leave Bitcoin forever.
At the end of the day, this
lieing criminal WILL learnt you how to spell lying.
