Coins.ph Official Thread - page 216.

Lassie

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Quote from: mirakal on March 29, 2019, 02:12:03 AM

Quote from: pinoycash on March 28, 2019, 02:25:14 PM

Quote from: alisafidel58 on March 28, 2019, 07:47:19 AM

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

Quote

Beware of PayPal and other reversible transfer services
https://bitcointalksearch.org/topic/m.197267

You only trade with trusted people in the forum, for lesser risk.
Also, you can request that funds will be send through FF, so it could not be reverse.

AFAIK kahit pa mag send ng paypal money through family and friends possible pa din yung chargeback, may mga nabasa ako na case sa ganyan kaya kung hindi highly trusted and isang user hindi pa din tinatanggap ang paypal money nya kahit pa sabihin na isesend as FF

mirakal

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Quote from: bL4nkcode on March 29, 2019, 03:11:46 AM

Quote from: pinoycash on March 28, 2019, 02:25:14 PM

Quote from: alisafidel58 on March 28, 2019, 07:47:19 AM

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

Quote

Beware of PayPal and other reversible transfer services
https://bitcointalksearch.org/topic/m.197267

But it doesn't mean na di na talaga pwede mag exchange using paypal, it's all about risk. If you can observe most trusted person dito sa forum is nakikipag exchange parin through paypal with BTC kase nga dun sila nakkipag transact those people na trusted.
If there's a chance na ireverse yung transaction through paypal then red trust is on the way para diyan, iwan ko lang if merong high trusted profile na mag gaganyan except na lang sa mga newbies or ranks below sr members.

I agree with this, this is what Theymos said on the thread link that is shared

Quote

Therefore, you should only accept PayPal in trades with people you trust very highly.

Also, this is what I found in the currency exchange section from OmegaStarScream

Quote

As the title says, I have 1200$ in BTC and I would like to have PayPal funds. The rates will be 1:1 using preev.com

I'm not willing to do the whole amount with one individual regardless of his trust score. Also not doing anything smaller than 100$ per transaction.

If you have no solid trust history, and you are low ranked, please don't bother posting here. I won't be taking profiles from other forums or trading platforms as proof.

He emphasized there that he would love to trade his total BTC with different members in the forum, this is done to minimize the risk.

bL4nkcode

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Quote from: pinoycash on March 28, 2019, 02:25:14 PM

Quote from: alisafidel58 on March 28, 2019, 07:47:19 AM

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

Quote

Beware of PayPal and other reversible transfer services
https://bitcointalksearch.org/topic/m.197267

But it doesn't mean na di na talaga pwede mag exchange using paypal, it's all about risk. If you can observe most trusted person dito sa forum is nakikipag exchange parin through paypal with BTC kase nga dun sila nakkipag transact those people na trusted.
If there's a chance na ireverse yung transaction through paypal then red trust is on the way para diyan, iwan ko lang if merong high trusted profile na mag gaganyan except na lang sa mga newbies or ranks below sr members.

mirakal

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Quote from: pinoycash on March 28, 2019, 02:25:14 PM

Quote from: alisafidel58 on March 28, 2019, 07:47:19 AM

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

Quote

Beware of PayPal and other reversible transfer services
https://bitcointalksearch.org/topic/m.197267

You only trade with trusted people in the forum, for lesser risk.
Also, you can request that funds will be send through FF, so it could not be reverse.

pinoycash

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Quote from: alisafidel58 on March 28, 2019, 07:47:19 AM

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

Quote

Beware of PayPal and other reversible transfer services
https://bitcointalksearch.org/topic/m.197267

harizen

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Quote from: r1a2y3m4 on March 28, 2019, 10:25:58 AM

Quote from: harizen on March 27, 2019, 03:33:21 PM

Quote from: GreatArkansas on March 24, 2019, 07:13:37 AM

~snipped~

Pati pala coins nakisama din sa fork? Bakit walang natanggap ako nung nagkafork? Nasa coins.ph naman yung bitcoin ko nun. Or probably maliit lang yung value kaya di nafork? .014 lang ata kase eh.

Yep I think di mo lang sya napansin. If Im not mistaken the price of BCH that time is around $500+ so just do the math na lang if magkano equivalent nun sa BTC tapos iyon ang dinagdag ng coins.ph sa BTC wallet niyo.

Quote from: xianbits on March 28, 2019, 11:39:43 AM

Better nga kung ganyan ang case. Chineck ko ulit ngayon preev price as of writing is Php211,800.
Coins.ph sell price is Php205750 while CoinsPro price nasa Php207000. Kala ko pinakasulit na ang coinspro, meron pa palang better. Anyway, pag malakihan, tsaka mo lang mararamdaman ang difference. Ngayon tingi-tingi pa kinacashout ko, coinspro lang muna gamit ko. But thanks for the info.

Ok aman si coinspro if immediate. Exchange na kasi mismo ang nag rurun. Paypal to BTC trades requires patience kasi P2P padadaanin. It's impossible na may magoopen na exchange for that kind of service and we can expect a low fees that's why direct person trades is much better.

There are regular Paypal traders. Kaya lang no idea kung sino/ano sila since di ko pa pinapasok ang sistemang yan. Maybe Mirakal knows some.

xianbits

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Quote from: mirakal on March 28, 2019, 12:07:51 AM

Quote from: xianbits on March 26, 2019, 11:44:51 AM

Quote from: mirakal on March 26, 2019, 04:46:00 AM

I have a tip for you to get a better rate in BTC exchange.

Make a paypal account and trade your BTC with paypal, then transfer your paypal to Gcash wallet, it's also instant.
When it comes to cash out, If you don't have a GCASH card yet, you can transfer your GCASH to your bank account/s, and that is also instant.

Curious lang ako kung magkano din kaya ang "profit o savings" kapag ganito ang ginawa o kung direct to coins.ph nalang? Say, I have 1 BTC to be converted.

Okay let's make a computation, normally paypal buyers based the rate at http://preev.com/btc/php and the current price is 211,000 PHP
while if you will sell your 1 BTC in coins.ph, you can only sell it at 205,989, so if we compare the rates, you can save Php 5,011 for that transaction.

Also, be aware that there is a fee when sending paypal from different countries, you can have it free if PHP to PHP but if PHP to US or other countries and vice versa, there's around $1-5 transaction fee, but that's negligible, you can still save a lot of money.

Better nga kung ganyan ang case. Chineck ko ulit ngayon preev price as of writing is Php211,800.
Coins.ph sell price is Php205750 while CoinsPro price nasa Php207000. Kala ko pinakasulit na ang coinspro, meron pa palang better. Anyway, pag malakihan, tsaka mo lang mararamdaman ang difference. Ngayon tingi-tingi pa kinacashout ko, coinspro lang muna gamit ko. But thanks for the info.

Lassie

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Quote from: r1a2y3m4 on March 28, 2019, 10:25:58 AM

Quote from: harizen on March 27, 2019, 03:33:21 PM

Quote from: GreatArkansas on March 24, 2019, 07:13:37 AM

I'm still curious sa nangyaring Bitcoin Hard Fork noong August 1, 2017, meaning, if may Bitcoin ka sa wallet mo, magkakaroon ka din ng Bitcoin Cash, depende din ito kung gaano kadami ang Bitcoin mo na nasa wallet. 1:1 ang ratio dati, kung may 1bitcoin ka, 1 bitcoin cash ding makukuha.
San kaya napunta yung Bitcoin Cash namin if meron kaming Bitcoin balance sa wallet namin during the fork?

Coins.ph gave the equivalent BTCTC value of your BCH at the time of the fork.

Yes doon siya magreflect sa BTC wallet mo and not on BCH wallet and I think wala pa silang BCH wallet nung nagbigay sila ng action kung paano maclaim ng mga users iyong respective BCH nila.

Note: Obviously if your BTC is only stored in coins.ph wallet during the time of the fork.

Pati pala coins nakisama din sa fork? Bakit walang natanggap ako nung nagkafork? Nasa coins.ph naman yung bitcoin ko nun. Or probably maliit lang yung value kaya di nafork? .014 lang ata kase eh.

nakatanggap naman siguro lahat ng users nila at yung sa case mo posible na hindi mo lang napansin na nadagdagan balance mo nun kasi hindi ka aware na nadistribute na nila yung share mo sa forked coins.

r1a2y3m4

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Quote from: harizen on March 27, 2019, 03:33:21 PM

Quote from: GreatArkansas on March 24, 2019, 07:13:37 AM

I'm still curious sa nangyaring Bitcoin Hard Fork noong August 1, 2017, meaning, if may Bitcoin ka sa wallet mo, magkakaroon ka din ng Bitcoin Cash, depende din ito kung gaano kadami ang Bitcoin mo na nasa wallet. 1:1 ang ratio dati, kung may 1bitcoin ka, 1 bitcoin cash ding makukuha.
San kaya napunta yung Bitcoin Cash namin if meron kaming Bitcoin balance sa wallet namin during the fork?

Coins.ph gave the equivalent BTCTC value of your BCH at the time of the fork.

Yes doon siya magreflect sa BTC wallet mo and not on BCH wallet and I think wala pa silang BCH wallet nung nagbigay sila ng action kung paano maclaim ng mga users iyong respective BCH nila.

Note: Obviously if your BTC is only stored in coins.ph wallet during the time of the fork.

Pati pala coins nakisama din sa fork? Bakit walang natanggap ako nung nagkafork? Nasa coins.ph naman yung bitcoin ko nun. Or probably maliit lang yung value kaya di nafork? .014 lang ata kase eh.

alisafidel58

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Quote from: pinoycash on March 28, 2019, 07:27:32 AM

Quote from: mirakal on March 28, 2019, 12:07:51 AM

Okay let's make a computation, normally paypal buyers based the rate at http://preev.com/btc/php and the current price is 211,000 PHP
while if you will sell your 1 BTC in coins.ph, you can only sell it at 205,989, so if we compare the rates, you can save Php 5,011 for that transaction.

Also, be aware that there is a fee when sending paypal from different countries, you can have it free if PHP to PHP but if PHP to US or other countries and vice versa, there's around $1-5 transaction fee, but that's negligible, you can still save a lot of money.

The main question now is finding a reliable exchange platform or person that you can sell your BTC for paypal funds. We all know the nature of paypal a reversible payment processor. so exchanging your BTC to PP is a high risk transaction not unless you find someone that is real legit paypal exchanger.

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

pinoycash

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Quote from: mirakal on March 28, 2019, 12:07:51 AM

Okay let's make a computation, normally paypal buyers based the rate at http://preev.com/btc/php and the current price is 211,000 PHP
while if you will sell your 1 BTC in coins.ph, you can only sell it at 205,989, so if we compare the rates, you can save Php 5,011 for that transaction.

Also, be aware that there is a fee when sending paypal from different countries, you can have it free if PHP to PHP but if PHP to US or other countries and vice versa, there's around $1-5 transaction fee, but that's negligible, you can still save a lot of money.

The main question now is finding a reliable exchange platform or person that you can sell your BTC for paypal funds. We all know the nature of paypal a reversible payment processor. so exchanging your BTC to PP is a high risk transaction not unless you find someone that is real legit paypal exchanger.

mirakal

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Quote from: xianbits on March 26, 2019, 11:44:51 AM

Quote from: mirakal on March 26, 2019, 04:46:00 AM

I have a tip for you to get a better rate in BTC exchange.

Make a paypal account and trade your BTC with paypal, then transfer your paypal to Gcash wallet, it's also instant.
When it comes to cash out, If you don't have a GCASH card yet, you can transfer your GCASH to your bank account/s, and that is also instant.

Curious lang ako kung magkano din kaya ang "profit o savings" kapag ganito ang ginawa o kung direct to coins.ph nalang? Say, I have 1 BTC to be converted.

Okay let's make a computation, normally paypal buyers based the rate at http://preev.com/btc/php and the current price is 211,000 PHP
while if you will sell your 1 BTC in coins.ph, you can only sell it at 205,989, so if we compare the rates, you can save Php 5,011 for that transaction.

Also, be aware that there is a fee when sending paypal from different countries, you can have it free if PHP to PHP but if PHP to US or other countries and vice versa, there's around $1-5 transaction fee, but that's negligible, you can still save a lot of money.

harizen

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Quote from: GreatArkansas on March 24, 2019, 07:13:37 AM

I'm still curious sa nangyaring Bitcoin Hard Fork noong August 1, 2017, meaning, if may Bitcoin ka sa wallet mo, magkakaroon ka din ng Bitcoin Cash, depende din ito kung gaano kadami ang Bitcoin mo na nasa wallet. 1:1 ang ratio dati, kung may 1bitcoin ka, 1 bitcoin cash ding makukuha.
San kaya napunta yung Bitcoin Cash namin if meron kaming Bitcoin balance sa wallet namin during the fork?

Coins.ph gave the equivalent BTCTC value of your BCH at the time of the fork.

Yes doon siya magreflect sa BTC wallet mo and not on BCH wallet and I think wala pa silang BCH wallet nung nagbigay sila ng action kung paano maclaim ng mga users iyong respective BCH nila.

Note: Obviously if your BTC is only stored in coins.ph wallet during the time of the fork.

Maus0728

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Quote from: theyoungmillionaire on March 27, 2019, 08:54:11 AM

Hi, Maus0728,

Pwede mong gamitin ang Student ID issued by a school, college or university duly signed by the Principal or head of school at Barangay Certification or Barangay ID mo.

Para sa karagdagang impormasyon, basahin ang source.

Good Day theyoungmillionaire! It's so nice to be back here and I am so glad there are lots of filipinos here who's fast replying on someones inquiry. Also thank you to your detailed reply regarding to the request of valid ID's and citing their actual announcement. Regards also to the answers of lienfaye and eldrin. It really helps a lot. Thank you.

theyoungmillionaire

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Quote from: Maus0728 on March 27, 2019, 08:33:14 AM

As per the previous posts, since the egiveCashOut is unavailable and the best way to cash out is thru LBC. Okay lang ba na mag present ng 2 valid ID's ng magulang ko?

Wala pa kasi along valid I.D since I am only a student. Thank you. Hoping for some reply.

Hi, Maus0728,

Pwede mong gamitin ang Student ID issued by a school, college or university duly signed by the Principal or head of school at Barangay Certification or Barangay ID mo.

Para sa karagdagang impormasyon, basahin ang source.

eldrin

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Quote from: Maus0728 on March 27, 2019, 08:33:14 AM

As per the previous posts, since the egiveCashOut is unavailable and the best way to cash out is thru LBC. Okay lang ba na mag present ng 2 valid ID's ng magulang ko?

Wala pa kasi along valid I.D since I am only a student. Thank you. Hoping for some reply.

Student ID is fine, yan din gamit ko noon, never naman naging issue. Try mo nalang din itanong kung pwede na yun sa pagkuha ng LBC card, para the next time na mag-encash ka, LBC card nalang ang i-present mo, kahit wala nang IDs.

lienfaye

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Quote from: Maus0728 on March 27, 2019, 08:33:14 AM

As per the previous posts, since the egiveCashOut is unavailable and the best way to cash out is thru LBC. Okay lang ba na mag present ng 2 valid ID's ng magulang ko?

Wala pa kasi along valid I.D since I am only a student. Thank you. Hoping for some reply.

Kung valid ids ng parents mo ang ipe present mo much better na sa kanila mo ipangalan yung receiver at para sila na din mag claim samahan mo na lang. Kung sino kasi yung nasa receiver sa kanya dapat id ang gagamitin.

Student id valid din naman yun, kuha ka barangay id I think acceptable din naman sya.

Maus0728

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As per the previous posts, since the egiveCashOut is unavailable and the best way to cash out is thru LBC. Okay lang ba na mag present ng 2 valid ID's ng magulang ko?

Wala pa kasi along valid I.D since I am only a student. Thank you. Hoping for some reply.

bitcoin31

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Quote from: pinoycash on March 26, 2019, 10:16:39 AM

Quote from: mirakal on March 26, 2019, 04:46:00 AM

Also, with regards to the card, you can apply online if you don't want to go to their office, as long as you are fully verified, you can just pay the 150 php through your GCASH and wait until the card will be delivered, according to them, we should received it at least 10 days from the date we pay.

10 Days is a long time to wait for card arrival, Ang the best is pumunta directly sa globe stores sa mga mall, and apply personally and in less than 15 minutes you will have your own gcash card that you can use instantly after activation.

Kakadating lang ng gcash mastercard ko nung nakaraang araw at less than 10 days na recieve ko na agad yung ATM gcash kaya naman masayang masaya ako. Mahirap kasi magcashout sa mga remitances sa gcash madali lang ilang minutes lang dadating na yung payout mo.

xianbits

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Quote from: mirakal on March 26, 2019, 04:46:00 AM

I have a tip for you to get a better rate in BTC exchange.

Make a paypal account and trade your BTC with paypal, then transfer your paypal to Gcash wallet, it's also instant.
When it comes to cash out, If you don't have a GCASH card yet, you can transfer your GCASH to your bank account/s, and that is also instant.

Curious lang ako kung magkano din kaya ang "profit o savings" kapag ganito ang ginawa o kung direct to coins.ph nalang? Say, I have 1 BTC to be converted.

Topic: Coins.ph Official Thread - page 216. (Read 291316 times)