I've researched this recently, this was the most helpful. But I haven't tried this yet, still watching the market. They're saying use a cold wallet then use poloniex or kraken: https://www.reddit.com/r/Philippines/comments/62mfbk/how_to_buy_ethereum_in_ph/
Wow, talk about volatility. Ethereum Crash: Why Some Coinbase Traders Lost Big If only I was able to buy a 100 ETH at $0.10 each ... and sell it today.
its been a very bad few days for Ethereum ... scaling problems, DDOS attacks of the exchanges, badly delayed transactions. But I think this is actually a good time for new investors to come in as there is a long-term value proposition to Ethereum.
It's the fake news that the ETH founder died in a freak accident that caused the downturn. I say it's going to be better in a few days as he already publicly cleared that he's well and alive.
Picked up a couple more of Factom, Ardor and some Bitcoin after the dip a few days ago. Alts are dipping again as I type. Think I'm gonna sit tight for a few weeks until bitcoin finally decides what it's going to do by mid-July.
First time to buy bitcoins. Which local site would you recommend - coins.ph, paylance.com, fortsatoshi.com, buybitcoins.ph? Any other recommended sites? Or, can I just open an account in a site based on other countries, and buy bitcoins from there? Are there geo-restrictions? Thanks.
I used Abra (app based only) to purchase my first Bitcoins... they have better rates compared to coins.ph. Basically, you set up your app then load up your wallet. I deposited money via online through BPI, and then saw the credit the next day after lunch. Then in the app, you simply switch currency to convert your cash to Bitcoins. I had to time when to convert my cash so I can maximize my purchase.
Finally tried Abra and I've decided to use it as my main app for buying bitcoin because of their excellent rates. Selling, I'd go for coins.ph or paylance. Then again, I've never sold bitcoin, I just keep investing in alts!
@piedad: remember when you asked me three or four years ago if i believed in bitcoin? well, i still don't. but where there are suckers, there's money to be made. anyway, i thought i'd play catch-up and get myself up to speed. so i bought and read an informative yet funny e-book, and here's the author's TL;DR: so no, i won't invest in cryptocurrencies. nothing wrong with people who do. my wife does it, after all. i am just not wired for speculation. i am a *maker*, so i am now learning the ropes, to an ICO launch.
Let me know which ICO okay? The thing with deciding is that, difficulty is rising each day you procrastinate, meaning earnings are going down. If I could take back time, I would've started mining ethereum since its launch last 2015.
I was able to invest in Ethereum back then, so that was a good one. If you need a lawyer to advise you on running your own ICO, I know someone.
Will he take a *token payment*? But thanks, will take note of that. Right now, just trying to design the ecosystem and get my head around smart contracts. Then, find a developer (though there are cloud platforms now that facilitates blockchain development). Then, get a recognized cryptocurrency evangelist and/or hype-r because, alas, even if we have a solid business case, ICO buyers seem to care more about who you know than what you know. Know a CCC—crypto-currency celebrity?
