[ANN][PSB] Pesobit, the currency for remittances and international cooperation - page 84.

bitwarrior

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Activity: 1764

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Quote from: electronicash on October 23, 2016, 10:56:03 PM

Quote from: wolverinex1282 on October 23, 2016, 07:35:35 PM

Quote from: enhu on October 23, 2016, 04:49:19 PM

If you believe PSB, then time to buy more and wait for the road map to be implemented. You just need few bucks to invest this time and profit later.

Time to buy so that you can dump your coins @profit?.. will wait under 500sats to buy back in Grin

do you think it will dip down to 500stas?
possible because it does look like the merchants here in the philippines aren't open to crypto. they even think bitcoin will pass soon. majority of pinoy doesn't even knew what bitcoin is.

Just wait and see, you will be surprised about the number of merchants that will be adding support for Pesobit.

electronicash

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Activity: 3178

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Quote from: wolverinex1282 on October 23, 2016, 07:35:35 PM

Quote from: enhu on October 23, 2016, 04:49:19 PM

If you believe PSB, then time to buy more and wait for the road map to be implemented. You just need few bucks to invest this time and profit later.

Time to buy so that you can dump your coins @profit?.. will wait under 500sats to buy back in Grin

do you think it will dip down to 500stas?
possible because it does look like the merchants here in the philippines aren't open to crypto. they even think bitcoin will pass soon. majority of pinoy doesn't even knew what bitcoin is.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Quote from: cryptodv on October 23, 2016, 01:03:56 PM

I'm an investor in PSB, but I have no idea what Coins.ph is. Are they a threat to Pesobit? Or can they buyout Pesobit in the future? I just read an article on Coindesk about Coins.ph. They're reportedly very popular out there in the Philippines. Can someone enlighten me? Thanks! Grin

Coins.ph is one of the top three bitcoin exchanges in the Philippines, together with rebit.ph / buybitcoin.ph and btcexchange.ph and a few more. They have nothing to do with Pesobit unless they start accepting Pesobits.

Lutzow

hero member

Activity: 728

Merit: 500

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.

wolverinex1282

member

Activity: 115

Merit: 10

Quote from: hdn on October 23, 2016, 08:37:27 PM

Quote from: hdn on October 23, 2016, 08:35:23 PM

Quote from: wolverinex1282 on October 23, 2016, 07:35:35 PM

Quote from: enhu on October 23, 2016, 04:49:19 PM

If you believe PSB, then time to buy more and wait for the road map to be implemented. You just need few bucks to invest this time and profit later.

Time to buy so that you can dump your coins @profit?.. will wait under 500sats to buy back in Grin

I dont think the price go that much

Those people dumping at 2000 level will miss the train,psb will climb up again soon

Anything could happen with the price right ? With people selling their coins atm and the rise on bitcoin price i dont think we reached the bottom yet

hdn

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Activity: 682

Merit: 500

Quote from: hdn on October 23, 2016, 08:35:23 PM

Quote from: wolverinex1282 on October 23, 2016, 07:35:35 PM

Quote from: enhu on October 23, 2016, 04:49:19 PM

If you believe PSB, then time to buy more and wait for the road map to be implemented. You just need few bucks to invest this time and profit later.

Time to buy so that you can dump your coins @profit?.. will wait under 500sats to buy back in Grin

I dont think the price go that much

Those people dumping at 2000 level will miss the train,psb will climb up again soon

hdn

hero member

Activity: 682

Merit: 500

Quote from: wolverinex1282 on October 23, 2016, 07:35:35 PM

Quote from: enhu on October 23, 2016, 04:49:19 PM

If you believe PSB, then time to buy more and wait for the road map to be implemented. You just need few bucks to invest this time and profit later.

Time to buy so that you can dump your coins @profit?.. will wait under 500sats to buy back in Grin

I dont think the price go that much

wolverinex1282

member

Activity: 115

Merit: 10

Quote from: enhu on October 23, 2016, 04:49:19 PM

If you believe PSB, then time to buy more and wait for the road map to be implemented. You just need few bucks to invest this time and profit later.

Time to buy so that you can dump your coins @profit?.. will wait under 500sats to buy back in Grin

enhu

legendary

Activity: 2492

Merit: 1018

If you believe PSB, then time to buy more and wait for the road map to be implemented. You just need few bucks to invest this time and profit later.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: ShooterXD on October 23, 2016, 12:53:05 PM

Quote from: lionheart78 on October 23, 2016, 12:24:58 PM

Quote from: ShooterXD on October 23, 2016, 11:08:10 AM

Dump is a what?

People Just dump to get profit ir Just to run from a big loss.

Or, like a say, the group of bagholders Just dump your coins

If they are the one from the ICO participant then it maybe to cut losses from the profit they should have.

Come on! You dont see this guy who post here every day? This guy made a 1% group, you need a 1% of total suply to get in!

Now think, 10 people or more with 1%... They can control market easy in this low volume.

Like i say, this will fuck the coin!

You can't control people with what they do to their coins. It is their right, whether they want to dump or hold is out of our control. If you believe in PSB then be glad someone is selling at a discounted price

. I wish to buy more coins at 99% off and I will be glad if someone will dump it on my buy order. Wink

amitd2012

member

Activity: 70

Merit: 10

Quote from: Noojna on October 23, 2016, 12:49:41 PM

Quote from: kwest on October 23, 2016, 12:31:10 PM

Quote from: Dabs on October 23, 2016, 12:08:09 PM

100k satoshis. Going there. How, I don't know. That just seems likely in the not too distant future. 10 million overseas Filipino workers sending money back home. $30 billion USD market. You get 1% of 1% and try to do the math.

Any reason for using Pesobits instead of bitcoin or any other cryptocurrency for that matter? What's so special about it, other than the name?

3 major reasons, and a few small ones:

1) Pesobit gives the coin owners staking 5% interest while Bitcoin does not give anything. This allows Pesobit users to earn back all the fees they need to pay, or even make some money if they can hold on to their PSB long enough. Bank interest rates are at 1.5% in the Philippines, so clearly they make more money holding PSB.

2) Bitcoin is extremely slow to send around - it is not a practical payment tool. Pesobit is casi-instanteneous; this is a major problem for Bitcoin.

3) Pesobit was created by a team of Filipinos - while remittances can also be done with Bitcoin, connecting Pesobit with local Philippine Peso is easier to negociate and arrange, as they feel they have better control over software development and what is needed to make it work.

4) We can add here a sense of national identity, which is something Filipinos and Filipinas are not getting with Bitcoin - but this is a minor reason when compared to the previous 3.

Could you please let me know what was PSB Coin's ICO price?

cryptodv

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Activity: 1092

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btcstakes.com

I'm an investor in PSB, but I have no idea what Coins.ph is. Are they a threat to Pesobit? Or can they buyout Pesobit in the future? I just read an article on Coindesk about Coins.ph. They're reportedly very popular out there in the Philippines. Can someone enlighten me? Thanks! Grin

Noojna

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Activity: 687

Merit: 501

AVANTAGE - Blockchain Loyalty System

Quote from: ShooterXD on October 23, 2016, 12:53:05 PM

Quote from: lionheart78 on October 23, 2016, 12:24:58 PM

Quote from: ShooterXD on October 23, 2016, 11:08:10 AM

Dump is a what?

People Just dump to get profit ir Just to run from a big loss.

Or, like a say, the group of bagholders Just dump your coins

If they are the one from the ICO participant then it maybe to cut losses from the profit they should have.

Come on! You dont see this guy who post here every day? This guy made a 1% group, you need a 1% of total suply to get in!

Now think, 10 people or more with 1%... They can control market easy in this low volume.

Like i say, this will fuck the coin!

People who invest more will not do anything to hurt their own investment. All coins have big holders, just look.

Also, what if 5 people right this moment try to become part of the 1% group? Price jumps back to 10K satoshis or much more.

This is what I am trying to convery here. Get a significant part of PSB while it is possible; soon, at a higher price, it will not be possible.

ShooterXD

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Activity: 924

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CryptoTalk.Org - Get Paid for every Post!

Quote from: lionheart78 on October 23, 2016, 12:24:58 PM

Quote from: ShooterXD on October 23, 2016, 11:08:10 AM

Dump is a what?

People Just dump to get profit ir Just to run from a big loss.

Or, like a say, the group of bagholders Just dump your coins

If they are the one from the ICO participant then it maybe to cut losses from the profit they should have.

Come on! You dont see this guy who post here every day? This guy made a 1% group, you need a 1% of total suply to get in!

Now think, 10 people or more with 1%... They can control market easy in this low volume.

Like i say, this will fuck the coin!

BTC-BTC-BTC

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Activity: 1582

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www.neutroncoin.com

Once we some good progress people will be jumping back on the project. I understand for the people only paid 343 sat and it's hard not to sell now but this is a long term project.

Lutzow

hero member

Activity: 728

Merit: 500

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

Noojna

hero member

Activity: 687

Merit: 501

AVANTAGE - Blockchain Loyalty System

Quote from: kwest on October 23, 2016, 12:31:10 PM

Quote from: Dabs on October 23, 2016, 12:08:09 PM

100k satoshis. Going there. How, I don't know. That just seems likely in the not too distant future. 10 million overseas Filipino workers sending money back home. $30 billion USD market. You get 1% of 1% and try to do the math.

Any reason for using Pesobits instead of bitcoin or any other cryptocurrency for that matter? What's so special about it, other than the name?

3 major reasons, and a few small ones:

1) Pesobit gives the coin owners staking 5% interest while Bitcoin does not give anything. This allows Pesobit users to earn back all the fees they need to pay, or even make some money if they can hold on to their PSB long enough. Bank interest rates are at 1.5% in the Philippines, so clearly they make more money holding PSB.

2) Bitcoin is extremely slow to send around - it is not a practical payment tool. Pesobit is casi-instanteneous; this is a major problem for Bitcoin.

3) Pesobit was created by a team of Filipinos - while remittances can also be done with Bitcoin, connecting Pesobit with local Philippine Peso is easier to negociate and arrange, as they feel they have better control over software development and what is needed to make it work.

4) We can add here a sense of national identity, which is something Filipinos and Filipinas are not getting with Bitcoin - but this is a minor reason when compared to the previous 3.

kwest

sr. member

Activity: 476

Merit: 250

Quote from: Dabs on October 23, 2016, 12:08:09 PM

100k satoshis. Going there. How, I don't know. That just seems likely in the not too distant future. 10 million overseas Filipino workers sending money back home. $30 billion USD market. You get 1% of 1% and try to do the math.

Any reason for using Pesobits instead of bitcoin or any other cryptocurrency for that matter? What's so special about it, other than the name?

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: ShooterXD on October 23, 2016, 11:08:10 AM

Dump is a what?

People Just dump to get profit ir Just to run from a big loss.

Or, like a say, the group of bagholders Just dump your coins

If they are the one from the ICO participant then it maybe to cut losses from the profit they should have.

Quote from: carlisle1 on October 23, 2016, 11:21:36 AM

the price of pesobit from exchange is falling , i hope that it go back to its previous price by the month of november . i regretted that i didn't joined to the ICO when it was not on the trade yet .

It seems you bought at the higher price, but no worries with the development this coin is finalizing at this point, it will even surpass its ATH.

Quote from: Dabs on October 23, 2016, 12:08:09 PM

100k satoshis. Going there. How, I don't know. That just seems likely in the not too distant future. 10 million overseas Filipino workers sending money back home. $30 billion USD market. You get 1% of 1% and try to do the math.

I agree, maybe I can influence my cousin and her pastor groups down to their members in Israel to use PSB remittance service if it become available

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

100k satoshis. Going there. How, I don't know. That just seems likely in the not too distant future. 10 million overseas Filipino workers sending money back home. $30 billion USD market. You get 1% of 1% and try to do the math.

Topic: [ANN][PSB] Pesobit, the currency for remittances and international cooperation - page 84. (Read 208468 times)