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 Bitcoin Thread v1, and other cryptocurrencies

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sirxl
post Feb 17 2017, 07:23 AM

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QUOTE(jack2 @ Feb 17 2017, 03:33 AM)
Private keys consist like long long password? Must buy such hardware to store it?
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just download reliable apps like mycelium or airbitz on your phone,
and keep it offline as long term storage.
sirxl
post Feb 18 2017, 07:09 PM

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see you all next Wed,
ping me on Telegram at
@colbertlau
when you reach

Now accepting Paypal, FPX and blockchain payments for the Andreas M. Antonopoulos event!

http://bloktex.com/a-day-with-andreas/

sirxl
post Feb 18 2017, 07:11 PM

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QUOTE(kmarc @ Feb 18 2017, 07:06 PM)
Oh, I had the impression that the hardware wallet would have some security feature to access it.

Should get TS to update the valuable information you provided in the first page!!!

Damn, bitcoin value keeps on increasing!

Beside one exchange that got hacked and bitcoin stolen, was there any other incidence?
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there have been many hacking incidents,
https://hacked.com/biggest-bitcoin-hacks-thefts-time/
sirxl
post Feb 19 2017, 09:07 AM

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QUOTE(jack2 @ Feb 19 2017, 08:54 AM)
Ya, blockchain.info. Are they good enough?

Coolwallet = USD119... cry.gif
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use wallets like airbitz or mycelium to keep your private keys safe.
sirxl
post Feb 19 2017, 09:09 AM

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QUOTE(kmarc @ Feb 18 2017, 09:50 PM)
Ouch. I only heard about the high profile MT Gox case.

So I guess you just keep your bitcoins using Mycelium or Airbitz? Searched the app, looks like mainly for android. I'm using iphone....  sad.gif

My hardware wallet had to be back-ordered. Hopefully can get in March.  dry.gif
*
for iOS try Airbitz or Copay.

Copay is managed by BitPay.


sirxl
post Feb 19 2017, 02:19 PM

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QUOTE(jack2 @ Feb 19 2017, 09:17 AM)
So I have to register new account with airbitz or mycelium or just transfer from blockchain to new address only without registration?
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airbitz FAQ - pretty good run down.
http://cryptorials.io/how-to-use-the-airbitz-bitcoin-wallet/
sirxl
post Feb 19 2017, 03:37 PM

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fees for bitcoin txs are going up, latest one was MYR 2.80 for me. I might need to use other alt-coins for small txs.
sirxl
post Feb 19 2017, 10:32 PM

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QUOTE(kmarc @ Feb 19 2017, 10:02 PM)
Oh ya, need to ask one thing. If I use Airbitz or Copay mobile app, would there be any problems when changing phone? Anything that needs to be done before swapping out the sim card?  hmm.gif
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no issues if you swap SIMs as there is no correlation.

before using the Airbitz or Copay mobile app, it will prompt you to copy the secret words for backup purposes.
really easy.

see

https://news.bitcoin.com/learn-download-use...beginner-video/



This post has been edited by sirxl: Feb 19 2017, 10:34 PM
sirxl
post Feb 19 2017, 11:36 PM

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QUOTE(kmarc @ Feb 19 2017, 11:18 PM)
Nice, nice and nice! Everyday learning new things on bitcoins and how it works! Thx!  thumbup.gif

Anyway, the reason I'm so interested in bitcoins is basically diversification of investment i.e. put your eggs in different baskets. Yeah, bitcoin has risen so much and I'm such a late comer but there are some people out there who thinks that it may go up much much higher. Whether this is a right investment remains to be seen. I'm prepared to make a lost but really hope it will be a good investment. I guess you could call it the high-risk high-return investment as opposed to something like FD which is low-risk low-return investment.

What about you guys?
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First rule of security, be paranoid.

Second rule, assume you don't know everything.

Third rule, assume your Mac/Linux laptop is as insecure as Windows.

Bitcoin was never meant to be an investment,
it was called the peer to peer decentralised payment system by Satoshi Nakamoto.

This post has been edited by sirxl: Feb 19 2017, 11:36 PM
sirxl
post Feb 21 2017, 09:29 PM

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QUOTE(kmarc @ Feb 21 2017, 12:40 PM)
Damn you bitcoin. You're going up too fast. Please come down a bit. sad.gif
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and we say Moon...
crazy jump today.
sirxl
post Feb 23 2017, 06:14 AM

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QUOTE(kmarc @ Feb 22 2017, 11:15 PM)
I see. Anyway, bitcoin on upward trend again. Hope it drops a bit........
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not sure why you want it to drop?

sirxl
post Feb 24 2017, 06:58 AM

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BTC moons at MYR 5250 today. awesome day for bag holders. HODL.
sirxl
post Feb 24 2017, 07:01 AM

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Are you all at bct? https://bitcointalk.org/index.php?topic=85430.600
sirxl
post Feb 24 2017, 12:03 PM

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SEC go or no go on the Bitcoin ETF comes out 11 March. Buy on rumours, sell on news. Beware guys. Don't risk all your MYR.
sirxl
post Feb 24 2017, 12:05 PM

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The Mining process has 3 important functions: secure the blockchain, validate transactions and create new supply (incentivize the miners)
sirxl
post Feb 26 2017, 07:27 PM

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QUOTE(bonedragon @ Feb 24 2017, 06:52 PM)
Hi guys given some of the more popular exchanges can't do myr transactions anymore, what service do you guys use to trade bitcoin in myr?
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Luno, been using them since NOV 2014.

Sign up for Luno and get MYR 5.00 worth of Bitcoin when you buy or sell BTC 0.10, using code: 8NBYU

Sign up now at www.luno.com


sirxl
post Feb 26 2017, 07:34 PM

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QUOTE(wengherng @ Feb 26 2017, 12:36 AM)
Nothing much is known about this new altcoin (i.e. alternative cryptocurrency) except that it just started on 1st Jan 2017, and is less than 2 months old.
They claim to be based on Litecoin, but their website does not offer any further information on the use, technology, security and as far as I can see, it does not bring anything new to the industry (unlike for example , Etheruem with it smart contracts, Monero with its zero knowledge concept, etc.).
Also, they claim to be mining-free, but 1 million coins are created every single day, with a halving duration of 50 days (don't ask me how these coins are created without mining, or who creates them).
Furthermore, there is a thread on Bitcointalk where some forummers have already alerted that the founders are the same scammers from the infamous Bitkingdom saga.

Read about it here:
https://bitcointalk.org/index.php?topic=1731787.0

At the moment, it is not known if they are legit or not, but personally, until more information is released, I would put them on high SCAM alert.
Too many useless and pointless altcoins are being created everyday, with the sole purpose of scamming the naïve population eager to jump on board the cryptocurrency bandwagon.
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Deuscoin?
from the reports in the BTC 1 and 2 group, it's a product made by the Bitkingdom people.
Stay away from them.
sirxl
post Feb 27 2017, 07:04 PM

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QUOTE(kmarc @ Feb 27 2017, 10:37 AM)
Didn't managed to get some Bitcoins last weekend when it was low. sad.gif looks like on the uptrend again.....

Was doing some research on ant miners.... so difficult to get these "critters" biggrin.gif in Malaysia. Anybody doing mining?
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there are a few mining groups in telegram.
most of the guys are in telegram.


sirxl
post Feb 27 2017, 07:05 PM

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QUOTE(jack2 @ Feb 27 2017, 11:53 AM)
wow

1193
*
crazy price
now at MYR 5248

http://preev.com/btc/myr


sirxl
post Feb 28 2017, 10:44 PM

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QUOTE(TheConqueror @ Feb 28 2017, 03:08 PM)
Dear Sifus,
May I know how to sell at Remitano?
Can give some step to step guide ah?

Thanks. notworthy.gif
*
easy lah.
come to our verified telegram group.



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