Quote from: Peter_Holland on May 05, 2017, 03:42:41 AM

Quote from: Dabs on January 14, 2016, 08:47:28 PM

bitcoinaverage.com
preev.com

Almost everyone bases their price on those or on bitstamp or coinbase, and then convert to local currency.

For local, just look at rebit.ph and coins.ph and btcexchange.ph which are, in my humble opinion, the top 3 in Metro Manila.

Hindi naman pwede magkalayo ng presyo dahil sa arbitrage. You can make money when the price differences are big, but it's risky even if you can do it all within the hour.

I tried. You would need a few hundred thousand pesos, deposit to one exchange, trade to bitcoin, withdraw, deposit the BTC to another exchange, sell to pesos, withdraw. That's one cycle that will take the better part of the day.

The next day, wala na yung opportunity kasi lahat ng kagaya ko ginawa na.

Ang kikitain mo? mga 1% to 2% to 3%, so sa 100,000 (hundred thousand) pesos, mga up to 3000 (three thousand) pesos.

Sana magawa mo araw araw, eh, di okey, pero kailangan mo ng pera. At, pwede mag back fire, papano kung biglang bumagsak yung presyo, eh, di, patay ka na.

Don't try with money you can't afford to lose.

Hi Daps,

Do you think there will be ATM machines with bitcoin / ether in the Phillipines soon? I think the market is huge because thats much more easy to send money home.

There is one already in metro manila but I have not used it, with coins.ph service you can withdraw your funds directly to any sec bank ATM.