I am a honest person who calls them like I see them. So, dont be offended if your Filipino Truth is Truth and you already know what i am about to say is true.
If this coin was in fact developed in the Philippines by Filipinos or Expats living here in conjunction with Filipinos expect a true pump and dump only, if for some odd reason it is not a pump and dump, (I serious doubt that) expect continuous server errors because internet in the Philippines is the worst in the world, and their ISP servers are overloaded, under networked, they splice things where there should be a router or a HUB, 1 account for 5 families also spliced by customers who "know what they are doing" they black tape and twist most of their connections on the main line and never accept the responsibility for their overloaded servers continuously dropping off in service. So If its a mine-able coin, expect horrible mining experiences, failure to connect to server, and probably some new errors no one has ever seen before because it would only exist in the Philippines because someone forgot to completely copy and paste something. while on that subject I would also expect complete faulty coding and horrible customer support for anything. the Philippines is a monkey see monkey do culture. So when they monkey COPY, they will monkey PASTE but not know what they just copied and pasted. so if something goes wrong down the road they wont know how to fix it unless that can find an updated code they can again copy and paste. What they dont realize is missing one character in your coding will mess the whole program up, you cant wing it like you do everything else in your country. Coding has rules and if you break them you will fail.
Not like your trucks that should carry only 1 ton of weight and the filipinos fit 8 tons of weight in there, then wonder why in 1 month the transmission goes out and they had to replace 4 blown tires on the way to the delivery.
I will not invest time, hash or money in PHcoin. because quite honestly this technology is decades ahead of Filipinos mindsets, they arent ready for this. Get your internet working before you try and develop a coin, your ISPs cant handle the traffic a coin needs to be mine able. That alone is very sad because you actually dont need much to handle the data being transferred yet your ISP servers wont be able to handle it.
I have lived here for 4 years Filipinos look for one thing in life, opportunities to scam foreigners, what better way to scam millions of foreigners than a great pump and dump coin?
Now everyone knows EXACTLY how I feel about PHCoin, FYI launch Aug 11 [ANN][PHCoin] locked July 14th HAHAH they didt even get to pump for the dump of thier 50% premine HAHAHA.
https://twitter.com/mszinck/status/720948739783933952
If only them lazy Internet dudes would get off their fuckin' asses and develop some sort of thingy where websites would be located on some other thingy devices so that regular brownouts in the Philippines (e.g.) don't disrupt the everyday business (licensed or not) running on the owner's computer.
To be clear, imagine the following scenario if such isn't built ASAP:
StakeMiners: We regret to inform you that our server was stolen at McDonald's losing all your vitals and our business. Luckily, RateCoin is located on a different server not at McDonald's at the time. We worked hard building that business, working over 20 hours a day between gaming with Terrick, and now it was stolen from us by some lazy Filipino who'll probably sell the server for pesositos on the pesos.