Topic: Pilipinas (Philippines) - page 757. (Read 1313259 times)

we already started group buy here in cebu ph..

we are getting the mercury...

@hardinero, and others. how about a Saturn? or even a Mercury? Much cheaper, and its a start.

Thanks for the link! Nice to see Pinoy bitcoiners Sana sa part 2 hope I can join part2 hehe

Great to meet all of you!

Harry Santos has blogged about the meetup (including photo): http://harryleaks.blogspot.com/2013/07/bitcoin-in-philippines-will-technology.html

A Facebook group has been created: https://www.facebook.com/groups/403125543126890/

hi guys, who's going to attend the meet up later at glorietta 5 bo's coffee 7pm?

bat now ko lang nakita tong thread na to... lol

may chiks ba dito? hahahha... jk..

proud pinoy here..

lets study this knc jupiter miner, its 7000 usd, roughly 300k pesos.  we can divide this into 60 shares, each costing 5k.  will we have enough people to fill up this 60 shares?  mukhang iilan lang ata tayo dito, di ata tayo lalagpas ng 20 hehe.  regarding hosting, we only have to plug this unit into ac outlet, provide internet connection.  better kung nasa airconditioned room sya.  yun lang ata ang requirement.

Gusto mo gumawa ako ng Philippine Group Buy for KnC products? Then people outside are also welcome, parang shares, kagaya ng ibang group buy na sinalihan natin. Sino mag host ng Jupiter? Kasi I'm not sure kung pwede ako. My office is not online the whole day, regular office hours lang.

i second to this...ready na ang order ko na mercury bayad nalang ang kulang.

yes! pictures plz

mga bossing. pwede ba tayo mag-organize ng group buy ng 1 unit of knc jupiter para sa pilipinas?  tingin nyo ok ba?

Please someone take notes and pics. I am not sure I can make it as I have a seminar to attend to that same afternoon.

Hi All, the meetup is happening this coming Saturday. Some devs and entrepreneurs I know said they're also coming.

See you there!

magkano ang palitan ngayon 1BTC into peso?
at san pwedeng bumili ng BTC need ko lang i try kahit 2 BTC lang po..

contact me 09998850746

I hope you don't mind if I try to answer this. It's a fact that Western Union remittance has fees that is paid by the one sending the money. I'm not very sure of how much WU charge for those fees (if I'm not mistaken, it seems to be varying per US state), but aside from those fees, the receiver of the money will be charged with hidden fees when the receiver takes the remittance in Pesos.

It happens in the following manner: WU's PHP/USD exchange rate is quite low compared to let's say Reuters current exchange rate, or even Google's or local banks like BDO, BPI, Unionbank, etc. If I remember it correctly, it's somewhere around 2.7% lower than it should be. Now if my figures are accurate, the fees involved when doing remittance via WU from USA to Philippines would not be lower than 2.7% (because of the fees paid by the sender).

Now, the 2.7% discrepancy on the PHP/USD exchange rate by WU branches here on the Philippines, can possibly be bypassed, if the receiver would want to take the remittance as USD. That would only be possible if the WU branch where the receiver claims his remittance has that amount of USD.

Now in the case of Bitcoin remittance, the sender of cash from the US sends his bitcoins to a third-party here in the Philippines, where that person would be the one in charge of sending/depositing cash to the receiver. It can be simplified as someone from the US sells his bitcoins to a third-party in the Philippines and that third-party would be paying the receiver with PHP. The Bitcoin remittance model could only be a better choice over WU or other money remittance service from US to Philippines, if the third-party bitcoin buyer would be buying at a better PHP/USD exchange rate compared to WU. But most of the time, this would not be the case, as the bitcoin buyer will most likely charge you with a bigger percentage than WU, in order to account for the bitcoin price fluctuation.

I my opinion, Bitcoin as money remittance from US to Philippines would only be a solution to the remittance problem, if bitcoins strengthen in value (EDIT: or become stable in value), and if the third-party person would not ask for a bigger percent of the total remittance value.

gandang gabi mga kababayan bago lang ako sa bitcoin sana matulungan nyo ako kung paano kumita dito..
ayyy natatawa ako sa binabasa ko d ko maintindihan d ko alam kung anong magnda pool miners o solo.. ask ko lang po meron ako account sa bitminter basta run ko lang everyday tama po ba?
what will i do next?
help me po salamat po
from pampanga..

What are your thoughts on remittances to the Philippines? Bitcoin Vs. Western Union / other.

xmpre naman...mabuhay! another fellow pinoy bitcoiner, cheers 

Welcome Carlotech. Hope you enjoy your stay. Newbie rin lang ako. So madami na tayo. BTCBTCYay!!!BTCBTC Good luck to us

good day..newbie sana welcome ako...