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Topic: BTC payments in PHILIPPINES - page 10. (Read 2892 times)

member
Activity: 252
Merit: 17
June 22, 2018, 06:16:10 AM
#47
this is the beginning of a good future step for bitcoin in the Philippines. I think the philippines have the potential to grow further along with bitcoin. if they are able to arrange cryptocurrency well there, success will come!

certainly with bitcoin  Cool
newbie
Activity: 95
Merit: 0
June 22, 2018, 06:02:35 AM
#46
I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC Smiley it's so very nice that Philippines is belong to the Cryptoworld  Smiley
[/quote


yes philippines accept crypto i have been there and i have also paid its great that they accept in that currency.
sr. member
Activity: 1274
Merit: 259
June 22, 2018, 05:59:14 AM
#45
this is encouraging news for Bitcoiners in Southeast Asia, Philippines again opened Bitcoin transactions there. there must be a passion arising in the capital of Manila. hopefully will spread to other countries. Grin
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
June 22, 2018, 05:29:14 AM
#44
Philippines truly is the haven for Bitcoin but creating a cloud of doubt, including stating that you need coins.ph for faster processing is fake news.If you know how to use Bech 32/Segwit it will be faster and the mining fees are less by almost 90%.
First before you argue with my statement try to research first what's the capability of the wallet/exchange I mentioned. I'm not opposed of the idea of segwit since I'm using it. But using different wallets for the client and the merchant in the local store which will goes to the network and wait for the confirmation at least 6.

And waiting for 3-10 minutes or more only for paying and confirming the transaction from the network is too long especially if you're in the local store. But using coinsph after you click the send button it will not takes 10 seconds the btc is received already by the receiver and it will never required of any transaction fee.


Learn more about Bitcoin before saying that the processing is slow. Remember that you only need six confirmations for your transaction to be accepted. If you don't know that it might be because you are using online wallets.
Let say you know what you're talking about, as for your knowledge bitcoin confirmation have an average of 10 minutes to find each block and obviously before it got at least 1 confirmation, but since you mentioned segwit, let say it will take only 3-6 minutes and since you mentioned that it will only need 6 confirmation, then 3 (minimum minutes of confirmation in segwit) x 6 = 18. Or let say it will confirm at least 2 minutes so 2x6 =12, so you will wait 12-18 minutes or more of waiting in the line of the local store. Are you kidding me?
full member
Activity: 350
Merit: 100
June 22, 2018, 05:28:36 AM
#43
is it real? i think philipines is not active in cryptocurrencies work, but i shocked that you buy some stuff in philipines and pay with bitcoin, how about the rate of bitcoin? is it same if you using paper money or not? i think it will more expensive if you use bitcoin as the payment
full member
Activity: 414
Merit: 100
June 22, 2018, 05:22:56 AM
#42
I'm from the Philippines and I do not know that and I will drop by sometimes on that store to check this and try bitcoin as my payment. Were the food is delicious? and reasonable for the price? because it seems too pricey.
If there really is a food seller who can transact using Bitcoin, then I will also visit it.
and expect the food to taste good and not too expensive
newbie
Activity: 193
Merit: 0
June 22, 2018, 05:21:56 AM
#41
There will have big impact of progress of crypto in the Philippines. I hope this country will become one of the crypto capital in the near future for there chance for that. Go back again for your good travel. Good luck
jr. member
Activity: 293
Merit: 1
June 22, 2018, 05:18:58 AM
#40
I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC Smiley it's so very nice that Philippines is belong to the Cryptoworld  Smiley

Great experience and good news, I myself would love to travel abroad and find a merchant who can trade with Bitcoin as a means of payment.
Going without having to think about to exchange money in money canger, we just need to bring Bitcoin wallet to do transaction. will other countries follow the philippines?
newbie
Activity: 31
Merit: 0
June 22, 2018, 04:37:28 AM
#39
glad to knew that. cryptocurrency should be accepted globally. because blockchain technology will change the world. I wish one day my country will also accept it
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
June 22, 2018, 04:36:42 AM
#38
I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC Smiley it's so very nice that Philippines is belong to the Cryptoworld  Smiley
well it is good  since it is not make both of buyer and seller loss their money with bitcoin's volatily. hope it will happen in my country. too bad my government already ban bitcoin as payment and people can't do it again now
member
Activity: 469
Merit: 16
June 22, 2018, 04:28:16 AM
#37
wow! amazing, very fun to be able to enjoy the holiday period and for any payment already sophisticated, can use bitcoin, meaning in their country bitcoin is popular.
member
Activity: 238
Merit: 10
June 22, 2018, 04:21:22 AM
#36
Good to hear that Philippines accepted bitcoin as payment and that would means they adopt crypto currency and they really aware about the bitcoin system. I do hope that other countries will support also bitcoin.
member
Activity: 350
Merit: 30
June 22, 2018, 04:18:46 AM
#35
BTC have been well adopted in so many places and countries, it's only a matter of time for the Philippines to handle more modification of payment such as BTC and more. As you said 1 company already adopted the BTC. I bet in 2020 there will be more companies that will use this.
full member
Activity: 476
Merit: 100
June 22, 2018, 04:12:31 AM
#34
This is an incredible news and an eye witness account. We are going ahead with bitcoin adoption by world economies. More countries will soon join Phillippines to accept bitcoin for payments.
jr. member
Activity: 175
Merit: 1
June 22, 2018, 04:09:28 AM
#33
Surprisingly compared to other country in Asia Philippines are the first one that has started do accepting payment in some stores or establishments in their country. It's really unexpected that among other rich countries all over the world Philippines are much more active in terms of new technologies and really aware in bitcoin system even it's not totally legalized it to their country. However, I believe that if phillipines are already implemented that for sure there are a lot of country that goes next to it.
member
Activity: 264
Merit: 11
June 22, 2018, 04:07:18 AM
#32
Well i am glad that at least some countries are coming to terms to accepting bitcoin as a currency accepted for mode of transactions. I think gradually we are moving to the stage where bitcoin is going to be accepted by other countries in order to finally accomplish the vision of Satoshi Nakamoto our great inventor. His vision of bitcoin was that, "bitcoin be accepted and used as a currency in our daily transactions". the crypto community is forever grateful to you for such an invention.
hero member
Activity: 3038
Merit: 634
June 22, 2018, 03:54:25 AM
#31
Wow that's good news that you bought bacons and meats with bitcoin. In what country did you came from?

I search about this MR. D'S ARTISANAL SUNDRIES and I haven't seen a facebook page or social media that belongs to them.

If there's some locals that wants to try it out too this is their address and contact number.

i think philippines have an crypto Smiley like mr. Many Paquiao as an Filipino professional boxer and politician launch cryptocurrency PAC CION Smiley its so wonderful investment ^^ .
There is an existing PACcoin but it doesn't belongs to Manny Pacquiao, he's still on planning phase but there's no update regarding it.
full member
Activity: 294
Merit: 104
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
June 22, 2018, 03:49:16 AM
#30
You've just visit the philippines? So what country you came from, based on your post history you're a local of philippines, right?
But hey, that's a good thing, if the store is using any other wallet or merchant I guess sending money would take for several minutes unless they used coins.ph and there client as well, so btc/fund will be transfered instantly without waiting of any confirmation.

It will not take several minutes. If you know how to swift private keys it is noticeably faster than Master card and Visa. Even faster than Steem which produces blocks every three seconds. Philippines truly is the haven for Bitcoin but creating a cloud of doubt, including stating that you need coins.ph for faster processing is fake news.If you know how to use Bech 32/Segwit it will be faster and the mining fees are less by almost 90%. Learn more about Bitcoin before saying that the processing is slow. Remember that you only need six confirmations for your transaction to be accepted. If you don't know that it might be because you are using online wallets.
newbie
Activity: 69
Merit: 0
June 22, 2018, 03:36:39 AM
#29
Great news! Another crypto territory that will become the center of attraction because bitcoin will become great again in due time. Let us expect something good is going to happen to Philippines. When crypto will become larger that country is one of the first beneficiary. Best wishes to Philippines.
i think philippines have an crypto Smiley like mr. Many Paquiao as an Filipino professional boxer and politician launch cryptocurrency PAC CION Smiley its so wonderful investment ^^ .
full member
Activity: 322
Merit: 102
June 22, 2018, 03:22:12 AM
#28
I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC Smiley it's so very nice that Philippines is belong to the Cryptoworld  Smiley

I never knew there was a restaurant who accepts bitcoin as payment. I just wonder if the price of their product depends on the market price of bitcoin or it is fixed? Anyways, I'm glad to know that our country is already adapting bitcoin as mode of payment. This will surely open up interest into crypto world of many filipinos.
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