wow

1193

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.

Didn't managed to get some Bitcoins last weekend when it was low. looks like on the uptrend again.....

Was doing some research on ant miners.... so difficult to get these "critters" in Malaysia. Anybody doing mining?

Hi all. Anyone here mining bitcoin by itself?

there are a few mining groups in telegram.
most of the guys are in telegram.

I wonder if self mining is worth it. I do cloud mining since June last year. Now en route to break even.

Genesis Mining

How do I know it's not a scam?

Bitcointalk ponzi risk assessment

Yeah, looks like it. I'm holding back some bullets too. See how's the trend.

Ether? Going to check it out!

alright thanks dude  what's up with Ether?  i still dont get it though

Have been looking at Ether for months now, and positively kicking my own arse for not getting in sooner.
Was actually looking at getting in around end December 2016, but decided to get more bitcoins at the last minute.
Turns out, that was precisely the time of the lowest point of the Ether dip (around Christmas time), and it has rebounded nearly 100% as of today.
Can you imagine my feeling right now......              had I followed my gut feeling, I could have made 100% profit in two months...!!!
But it's gone up so fast now, I'm not sure if it's the beginning of a bubble......I believe the pace is just unsustainable.
Although, for the long term, I still think that Ethereum will be here to stay, considering the advantages it brings to the financial world of the 21st century.

If it is going up much much more, I think 100% is peanuts.

Damn, I just can't decide whether to get other crytocurrencies or not. I was actually only aiming for one high-risk investment.

Which exchange would be good to buy ethereum? At least, I can use BTC to buy ethereum. Then comes the problem of cold storage which my yet to arrive Trezor wallet doesn't support. 

BTC at RM 5324!

Remember not to buy BTC at peak if you're looking for short term trading. Expecting it to fall back to 4700+- before shooting up again

If you're looking to exchange your btc quick for eth, just use shapeshift, quick easy no hassle. If you're looking to buy and trade multiple crypto you could try poloniex exchange.

as for hardware wallets, you might want to try Ledger nano S it supports multiple cryptos.
I personally prefer paper wallets generated offline and have not used any sort of hardware wallet before.

Why the expected drop? 
Thx for the info. I already ordered Trezor. Wait I become millionaire when BTC shoots up then I will buy Ledger. 

Oh, new thing to me - paper wallets??!!?? Had to google it. Interesting concept.....

Well, its bitcoin. Many TA indicators suggest that BTC will be from time to time, prone to huge fluctuations in a short period of time. Just about 4 days ago, bitcoin shed over $110 USD in a span of 15 minutes. But recovered quickly. Same thing in the start of 2017, reaching over $1k USD before plummeting to $750+-
Be fearful when everyone is greedy and be greedy when everyone else is fearful

To me personally, paper wallets are secure in terms of cyber security, but you are prone to physical factors like losing your paper, damage by water/fire etc.

I see. Many things to learn. Hope not too late to join the bandwagon especially newer crytocurrencies.

Just learnt paper wallet from you. Still need to do some research to see whether viable for me or not. Maybe print out many copies and hide everywhere..... 

Which crytocurrencies are you investing in?

I too, have many things to learn. Well, there's no perfect timing. The perfect time to buy was years ago, the second best time is now. $1000USD/BTC now is like $1 USD/BTC in Apr 2011. Not persuading you to buy, but just an example. No one knows what the price will be in the future.

Most of my holdings are still BTC, but i do have ETH, STEEM, BBR, DASH, XMR, PASC, XRP and some others. Try poloniex.com you'll see a variety of altcoins in the market.

Hope I helped 

I see. Many things to learn. Hope not too late to join the bandwagon especially newer crytocurrencies.

Just learnt paper wallet from you. Still need to do some research to see whether viable for me or not. Maybe print out many copies and hide everywhere..... 

Which crytocurrencies are you investing in?

I too, have many things to learn. Well, there's no perfect timing. The perfect time to buy was years ago, the second best time is now. $1000USD/BTC now is like $1 USD/BTC in Apr 2011. Not persuading you to buy, but just an example. No one knows what the price will be in the future.

Most of my holdings are still BTC, but i do have ETH, STEEM, BBR, DASH, XMR, PASC, XRP and some others. Try poloniex.com you'll see a variety of altcoins in the market.

Hope I helped 

Helps a lot. I'm 2 weeks old in crytocurrencies.  Bought a bit of bitcoins but got scared after it went up dramatically the past 2 weeks. That's why thinking of whether to get other types of crytocurrencies. Will check out poloniex.

So I guess your crytocurrencies are kept in paper wallet?

You have XMR? Respect!
If you had held them since beginning of last year, your holding would have seen a 2000% profit during the height of its price in Sept 2016!

Dear Sifus,
May I know how to sell at Remitano?
Can give some step to step guide ah?

Thanks.

My altcoins are on poloniex exchange, I don't hold them long term only long term on btc.
I held and sold most of them when alphabay announce their support for monero. Right now i don't have much, but not selling it just yet. DASH and XMR just seems much superior to BTC on paper, expecting them to one day surpass BTC, but definitely not in the near future

Dear Sifus,
May I know how to sell at Remitano?
Can give some step to step guide ah?

Thanks.

My altcoins are on poloniex exchange, I don't hold them long term only long term on btc.
I held and sold most of them when alphabay announce their support for monero. Right now i don't have much, but not selling it just yet. DASH and XMR just seems much superior to BTC on paper, expecting them to one day surpass BTC, but definitely not in the near future