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
Topic: [ANN][PSB] Pesobit, the currency for remittances and international cooperation - page 20. (Read 62266 times)
October 24, 2016, 08:41:01 PM
October 24, 2016, 07:48:00 PM
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.
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.
Pesobit is now on Coinomi HD wallet
Congrats to Pesobit Team!!!
October 24, 2016, 10:41:59 AM
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.
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.
October 24, 2016, 04:14:51 AM
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.
October 24, 2016, 03:43:39 AM
October 24, 2016, 02:54:51 AM
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 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.
October 23, 2016, 11:22:15 PM
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 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!
October 23, 2016, 10:26:03 PM
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 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.
October 23, 2016, 12:51:04 PM
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
If things don't run smooth we'll bring up the services as they were.
Thanks
October 23, 2016, 11:04:51 AM
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.
The main site pesobit.net is also under renovation but will be up with a better site.
October 21, 2016, 01:01:01 PM
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
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
October 21, 2016, 10:06:31 AM
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.
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.
October 21, 2016, 01:33:33 AM
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!
October 21, 2016, 12:09:14 AM
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.
October 20, 2016, 06:42:43 PM
Looking good! ganda ng gma update di magtatagal makkilala na rin ang PSB coin hope so staka tatangkilikin to ng pinoy kasi orig hehe staka mas mabilis im hoping na mag patuloy tuloy pa to! more power PSB
October 20, 2016, 06:01:08 PM
We're just getting closer to our goal of having Pesobit attach to the banking system.
Some other details in the Peso wallet to be attached to the wallet.pesobit.net platform
- It will be under e-wallet.ph domain so a connection will be made between the 2 that will convert Pesobits of the wallet.pesobit.net going to Peso of the e-wallet.ph.
- On the screenshot provided, you will see a Foreign Exchange value on the right, it is only for viewing purposes for now and won't allow you withdrawing your funds to another currency aside from Philippine Peso so the Debit Card will only work here in the Philippines.
- The company will be under e-Wallet.ph powered by VMoney and there's no need for you to register under VMoney website.
- The Send, Load Card and Request functions will only work after account verification and requires Government issued IDs and/or proof of billing (scammers are not welcome here).
- The fees are not yet settled but there might be a minimal fee in topping up your debit card as these are banking fees.
- How stable/secure will the e-Wallet.ph site be? It will work as robust and secured as what other companies are using that are also serviced by VMoney system so it is a tested platform.
- We're getting closer as well in allowing buying of Pesobits in the wallet using BTC to help first timers to be able to buy pesobit off their coins.ph btc account and not go through the exchanges. Though it might look as if it will lessen the trading volume, the btc collected will also be used to buy Pesobits in the exchanges.
- The Online Staking wallet now has 4.5 Million Pesobits as 283,000 Pesobits were placed on staking these past 2 days.
- As for Coinomi, no ETA still but they said that it has been worked on already so Pesobit will be included in their Multi-wallet in their next release.
- The Central Marketplace feature will be placed on-hold until we get the Pesobit->e-wallet.ph working as it is important for merchants to receive their money equivalent in Philippine Peso and not a varying cryptocurrency.
- As for the bigger eCommerce website APIs, it will be in the https://api.pesobit.net. What API does is creates an easier way for their website to be able to perform Pesobit commands like check the wallet address balance, check transactions etc using a token code provided to them also called as an API key and these are for Developer's use.
So what's next once the connection between wallet.pesobit.net and e-wallet.ph has been made?
- Since e-wallet.ph will be connected to the banking network, merchants can now accept Pesobit as payment option knowing that they can convert it to Philippine Peso right away and that may include a wide array of services from hotel booking, travel and tours packages, transportation booking and many more. Such will also make it more ideal for freelancers to adopt Pesobit as it will be way better than their current mode of payment so freelancing website can be easily adopted by Filipinos.
What's in it for International holders?
- Strong demand and very liquid commodity can easily increase the prices as Remittance and Merchant adoption can easily increase the price of Pesobit which is good for Pesobit holders, those who are actively staking and those who participate in trading. Most coins are only in mining/staking and trading anyway so why not Pesobit.
Another Great Update from the Pesobit Team!!!
October 20, 2016, 10:03:24 AM
We're just getting closer to our goal of having Pesobit attach to the banking system.
Some other details in the Peso wallet to be attached to the wallet.pesobit.net platform
- It will be under e-wallet.ph domain so a connection will be made between the 2 that will convert Pesobits of the wallet.pesobit.net going to Peso of the e-wallet.ph.
- On the screenshot provided, you will see a Foreign Exchange value on the right, it is only for viewing purposes for now and won't allow you withdrawing your funds to another currency aside from Philippine Peso so the Debit Card will only work here in the Philippines.
- The company will be under e-Wallet.ph powered by VMoney and there's no need for you to register under VMoney website.
- The Send, Load Card and Request functions will only work after account verification and requires Government issued IDs and/or proof of billing (scammers are not welcome here).
- The fees are not yet settled but there might be a minimal fee in topping up your debit card as these are banking fees.
- How stable/secure will the e-Wallet.ph site be? It will work as robust and secured as what other companies are using that are also serviced by VMoney system so it is a tested platform.
- We're getting closer as well in allowing buying of Pesobits in the wallet using BTC to help first timers to be able to buy pesobit off their coins.ph btc account and not go through the exchanges. Though it might look as if it will lessen the trading volume, the btc collected will also be used to buy Pesobits in the exchanges.
- The Online Staking wallet now has 4.5 Million Pesobits as 283,000 Pesobits were placed on staking these past 2 days.
- As for Coinomi, no ETA still but they said that it has been worked on already so Pesobit will be included in their Multi-wallet in their next release.
- The Central Marketplace feature will be placed on-hold until we get the Pesobit->e-wallet.ph working as it is important for merchants to receive their money equivalent in Philippine Peso and not a varying cryptocurrency.
- As for the bigger eCommerce website APIs, it will be in the https://api.pesobit.net. What API does is creates an easier way for their website to be able to perform Pesobit commands like check the wallet address balance, check transactions etc using a token code provided to them also called as an API key and these are for Developer's use.
So what's next once the connection between wallet.pesobit.net and e-wallet.ph has been made?
- Since e-wallet.ph will be connected to the banking network, merchants can now accept Pesobit as payment option knowing that they can convert it to Philippine Peso right away and that may include a wide array of services from hotel booking, travel and tours packages, transportation booking and many more. Such will also make it more ideal for freelancers to adopt Pesobit as it will be way better than their current mode of payment so freelancing website can be easily adopted by Filipinos.
What's in it for International holders?
- Strong demand and very liquid commodity can easily increase the prices as Remittance and Merchant adoption can easily increase the price of Pesobit which is good for Pesobit holders, those who are actively staking and those who participate in trading. Most coins are only in mining/staking and trading anyway so why not Pesobit.
Another Great Update from the Pesobit Team!!!
October 20, 2016, 09:43:07 AM
Meron akong zero confirmation transaction, eh alam ko wala na yun. So double ang pesobits sa wallet ko. I just want to remove the tx. The alternative is to import the address into a brand new wallet and rescan. Which is okay naman with me. But maybe your dev can look into -zapwallettexes.
Already looking into this Sir Dabs.
October 20, 2016, 09:39:18 AM
We're just getting closer to our goal of having Pesobit attach to the banking system.
Some other details in the Peso wallet to be attached to the wallet.pesobit.net platform
- It will be under e-wallet.ph domain so a connection will be made between the 2 that will convert Pesobits of the wallet.pesobit.net going to Peso of the e-wallet.ph.
- On the screenshot provided, you will see a Foreign Exchange value on the right, it is only for viewing purposes for now and won't allow you withdrawing your funds to another currency aside from Philippine Peso so the Debit Card will only work here in the Philippines.
- The company will be under e-Wallet.ph powered by VMoney and there's no need for you to register under VMoney website.
- The Send, Load Card and Request functions will only work after account verification and requires Government issued IDs and/or proof of billing (scammers are not welcome here).
- The fees are not yet settled but there might be a minimal fee in topping up your debit card as these are banking fees.
- How stable/secure will the e-Wallet.ph site be? It will work as robust and secured as what other companies are using that are also serviced by VMoney system so it is a tested platform.
- We're getting closer as well in allowing buying of Pesobits in the wallet using BTC to help first timers to be able to buy pesobit off their coins.ph btc account and not go through the exchanges. Though it might look as if it will lessen the trading volume, the btc collected will also be used to buy Pesobits in the exchanges.
- The Online Staking wallet now has 4.5 Million Pesobits as 283,000 Pesobits were placed on staking these past 2 days.
- As for Coinomi, no ETA still but they said that it has been worked on already so Pesobit will be included in their Multi-wallet in their next release.
- The Central Marketplace feature will be placed on-hold until we get the Pesobit->e-wallet.ph working as it is important for merchants to receive their money equivalent in Philippine Peso and not a varying cryptocurrency.
- As for the bigger eCommerce website APIs, it will be in the https://api.pesobit.net. What API does is creates an easier way for their website to be able to perform Pesobit commands like check the wallet address balance, check transactions etc using a token code provided to them also called as an API key and these are for Developer's use.
So what's next once the connection between wallet.pesobit.net and e-wallet.ph has been made?
- Since e-wallet.ph will be connected to the banking network, merchants can now accept Pesobit as payment option knowing that they can convert it to Philippine Peso right away and that may include a wide array of services from hotel booking, travel and tours packages, transportation booking and many more. Such will also make it more ideal for freelancers to adopt Pesobit as it will be way better than their current mode of payment so freelancing website can be easily adopted by Filipinos.
What's in it for International holders?
- Strong demand and very liquid commodity can easily increase the prices as Remittance and Merchant adoption can easily increase the price of Pesobit which is good for Pesobit holders, those who are actively staking and those who participate in trading. Most coins are only in mining/staking and trading anyway so why not Pesobit.
October 18, 2016, 04:29:35 PM
nawawala na ang kinang ng peso bit.......
Hindi naman siguro sir lahat naman ng coin dumadaan sa ganyang situation na baba sila pero sa tingin ko malaki ang chance na tumaas ulit siya dahil sa dami ng project ng pesobit at mga partners at mga active dev. Gawang pinoy yan kaya dapat natin pasikatin sa buong mundo na maraming mahuhusay na pinoy. Tangkilikin ang sariling atin. Let's spread pesobit coin.Di po siya gawang Pinoy
tingnan nyo ang coin developer, coder, created po siya for PH remittance purpose at managed and established by Pinoy (the system not the coin). Even yung platform po is not made by Filipino in my opinion. But supporter pa rin ako because of the purpose of creation ng coin. Jump to: