into ang pag isipan ninyo mga Filipino
coins.ph is selling and buying BTC from you at a mark up and mark down price
kahit na siya pa ang may pinakamagandang price dito sa pinas.
this goes to all other cash out/ cash in options out there, you all have mark up and mark down price for BTC.
and one of the biggest/best things that happened to BTC is being pegged to USD, too bad ngayon lang tayo nagka direct BTC-USD trading nang maging "international" ang ibang malalaking exchange ng BTC.
may gamit pa naman ang coins.ph, as back-up cash in/ cash out,small amount cash in/ cash out at other features niya.
Thanks to coins pro meron na tayong available exchange na almost the same price na rin sa ibang exchange na may BTC/USD. We don't have to worry kasi may option na tayo to trade BTC/PHP na hindi na nakamark-up at mark-down ang buy and sell prices.
Pinagiisipan ko nga yung coins pro kung paano nila patatakbuhin yun with coins.ph(same company with coins pro) if they have different rates, meron pa ngang login to coins pro using coins.ph. para na rin nilang pinahina ang coins.ph kung ganun. at sa tingin ko may plano na sila dyan hehe
- they can manipuate the market at coins pro increasing the spread to replicate coins.ph, or traders will do that for them. tingnan natin pag dating ng panahon hehe
either way may advantage pa rin ang USD, USD is international, bittrex is just a start and those international exchanges can offer a lot more BTC, volume, and altcoins than coins pro.
if ever na gusto mo naman ilabas ang peso mo, will there be enough BTC at international prevailing rate na available sa coins.pro? at good luck converting those peso to USD if you wanted to wire them out of the country hehe
Basta pag kakaalam ko sa coins pro kung anong rate ng buy an sell dun ganun din ang labas sa coins.ph . No choice tayong mga pilipino iilan lang ang mga market dito na bumili ng bitcoin. Kaya maganda rin yung naisip mo na instead idaan sa coins.ph direct to the bank nalang.
Mali po. Iba po ang sa coins pro at sa coins.ph though they are the same company. Gusto ko inote ang prices nila ngayon just to give example sa kanilang difference. As of Feb 13, 2019 11:25 am, Coins.ph BTC Buy vs Sell is Php190837 vs Php181494. Coins Pro BTC Buy vs Sell is Php188990 vs Php187000.
I consider this as a significant difference. Nasa 3638 USDT ang price ngayon sa binance.
coins pro in private beta for how long now?
select coins.ph users? hehe ....keep coins.ph "arbitrage income flowing" hehe
do not let coins.ph users cash out at 187k, sell those damn BTC to us at 181k ...meanwhile we can dump it to the select users at coins pro at 187k = "
PROFIT"
i say insider trading and market manipulation....told you
Wala akong nakikitang market manipulation dito, sorry. Yung sa coins pro, mga traders naman ang nagdedecide ng price and the price is almost identical to international exchanges. Yung sa coins.ph naman, ang company na ang nagbibigay ng prices nila as if they want to make a buy order at a lower price and sell order at a higher price than it should be. So, they're just doing just like an ordinary trader do. At hindi naman siguro yun mali ng company kung merong bumibili o nagbebenta at their specified prices. Siguro, ang mali lang nila ay yung bakit hindi pa nafu-fully launch ang coins pro para ma-enjoy ng lahat.
And maybe I am lucky enough to be one of those WHO APPLIED and were chosen to try the beta test for this long. Actually, hindi ako aware na marami pa pala ang hindi nakakagamit ng coins pro.
So to sum it up kung anong pinaglalaban ko, I prefer to click the "join waitlist" ng coins pro para masama sa mga beta testers at maenjoy ang benefits ng system kahit hindi pa ito fully launched. Now, we won't need a dollar account I guess kasi nga prices are almost the same sa coins pro at international exchanges. But I am speaking as a person with no single experience with cashing out to a dollar account.
okay, sabihin na lang natin na pwede nilang ibenta sa coins pro ng masmataas ang ibinebentang BTC sa coins.ph.
i will speculate na ifufully launch nila ang coins pro pag nagstart na ang next bull run, right now they want sellers to sell at a much lower rate sa coins.ph hehe
in my opinion, pag fully launched na ang coins pro, dapat ilipat na lang nila ang services (bills, load etc) ng coins.ph doon or alisin na lang nila ang arbitrage ng coins.ph, wala naman bibili/magbebenta sa coins.ph kung mas maganda ang presyo sa coins pro lalo na kung transferable ang peso at BTC across both platforms.
it is not just about same prices, you know they can jack up the price of BTC (just look at the sell orders now hehe) in the future when the market action returns, you traders will be imprisoned to price here in the Philippines under coins pro platform hehe...remember anyone can trade there even insiders, me? i prefer to be connected to the outside world hehe
and again with USD I can easily convert to peso to buy BTC at coins pro if the price here dumps but with peso you will have difficulty buying dollar-->BTC outside the country if the price here becomes more expensive. if you really are a trader kailangan mo lahat ng armas at lahat ng pwedeng galawan dahil pag dating ng panahaon hindi mo masasabi yan, baka kailanganin mo