CryptoCurrency: Bitcoin, Ethereum, Monero etc.

Discussion in 'General OT' started by Leon21, Feb 4, 2017.

  1. Leon21

    Leon21 Active Member

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    Any muggers on here who dabble/invest in them? I'm slowly getting into them and was wondering who else in the local community does. My friend is mildly aggressive on them and I wish I got in when he started doing it, but considering the number of alt-coins out there and how they're projected to develop, I'm starting to put a stake on some of these coins.
     
  2. piedad

    piedad Well-Known Member

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    tread carefully, especially with alt-coins. Stick to bitcoin. I lost money on alt-coins.
     
  3. Leon21

    Leon21 Active Member

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    What alt-coins did you get? I'm mainly targeting Monero at the moment.

    Also, where'd you get bitcoins locally? I find that current local options (coins.ph and buybitcoins.ph) are priced high compared to our western neighbours.
     
  4. ramil

    ramil Active Member

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    I'm interested about getting into bitcoins. Do you have a guide on how to start investing in them?
     
  5. Leon21

    Leon21 Active Member

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    https://www.reddit.com/r/Bitcoin/comments/533fxl/rbitcoin_faq_newcomers_please_read/

    I mostly just scoured thru reddit and watched a few YouTube videos. Easiest way to locally acquire bitcoins is thru coins.ph. There are many other sites (check the link on top) but there are geo-restrictions for the popular ones as of the moment while others require some extra steps (like opening an OKPay account). I always fall back to reddit if I'm insure about a particular site, so don't just carelessly try and purchase because it looks good.
     
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  6. Paulo del Puerto

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    Check out fortsatoshi.com if you want to easily buy and sell bitcoin here in PH
     
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  7. Paulo del Puerto

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    By the way, we run fortsatoshi.com,

    So if you have any questions, hit me up.

    If you have huge transactions, better to PM me.
     
  8. papajamba

    papajamba Member

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    Hey paulo, whats the best site to learn about bitcoin? A few friends have been convincing me to get some bitcoins.
    By the way, some of your FAQ links at the bottom of yourr site arent working. Hope you can shed more light to us muggers. Thanks
     
  9. Leon21

    Leon21 Active Member

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    I see you guys are the most trusted PH sellers on localbitcoin, which is great! I've never used that site though. How do you guys do transactions? PayPal, bank transfer, etc? Fees?
     
  10. Paulo del Puerto

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    Bank Transfer / Deposit / meet-up

    You can also join out forum for bitcoin tips. We have a resident forex trader who is good at tech analysis. He gives tips:

    https://forum.fortsatoshi.com/
     
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  11. Paulo del Puerto

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    Check out our forums: https://forum.fortsatoshi.com/
     
  12. papajamba

    papajamba Member

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    Wow, bitcoin and dash are valued really high lately.
    How can we buy dash or ethereum locally?
     
    #12 papajamba, Mar 8, 2017
    Last edited: Mar 8, 2017
  13. oldtimer

    oldtimer Active Member

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    I use coins.ph. Easy to transfer Peso to Bitcoin and vice-versa. Load via 7-11, GCash, BDO, etc. Use referral code 1zfxbz for PhP50 credit. The iOS wallet is usable.
     
    #13 oldtimer, Mar 8, 2017
    Last edited: Mar 8, 2017
  14. Leon21

    Leon21 Active Member

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    Coins is definitely one of the more convenient options locally, but their rates are also higher compared to their US/European counterparts.
     
  15. papajamba

    papajamba Member

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    coins.ph only has bitcoin though. No ETH or dash
     
  16. benzng

    benzng Well-Known Member

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    where can i spend my bitcoin locally?
     
  17. papajamba

    papajamba Member

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    check coins.ph since they have a list for bills payment such as skycable, broadband, credit cards, utilities, and even tuition fees in lasalle and miriam!!
     
  18. piedad

    piedad Well-Known Member

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    If you want to maintain multiple altcoins, JAXX is your best bet. You can convert from one coin to another within the wallet app since it uses Shapeshifter in the background.
     
  19. Leon21

    Leon21 Active Member

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    First time I've heard of this wallet. Gotta look them up on reddit; security is the biggest factor when it comes to these things.

    On another note: boy am I kicking myself when I said bitcoin was too high to buy at P44,000, and proceeded to buy just a small increment. lol
     
  20. ramil

    ramil Active Member

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    What sites or platforms can I use to trade ethereum?
     

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