QUOTE(kmarc @ Feb 22 2017, 08:23 AM)
Happy happy...Last week I bought 1BTC at 980usd...
Bitcoin Thread v1, and other cryptocurrencies
|
|
Feb 22 2017, 09:08 AM
Return to original view | Post
#41
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
|
|
|
|
|
|
Feb 22 2017, 10:16 PM
Return to original view | Post
#42
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
|
|
|
Feb 27 2017, 11:53 AM
Return to original view | Post
#43
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
|
|
|
Feb 28 2017, 10:31 AM
Return to original view | Post
#44
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
Wanna sell part of my BTC.. anyone wants? :hehe
|
|
|
Mar 2 2017, 01:05 PM
Return to original view | Post
#45
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
|
|
|
Mar 2 2017, 07:37 PM
Return to original view | Post
#46
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
|
|
|
|
|
|
Mar 3 2017, 12:03 AM
Return to original view | Post
#47
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(wengherng @ Mar 2 2017, 11:33 PM) I sold on XBit Asia after comparing with Luno. Surprisingly I got a better price at XBit Asia, so I just went ahead. Need any verification with ID documents?The liquidity is too low on XBit Asia, though. |
|
|
Mar 3 2017, 01:20 AM
Return to original view | Post
#48
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(wengherng @ Mar 3 2017, 12:37 AM) Yes, unfortunately, all the usual verification documentation is required. Ya..I am redundant to give too.I've done it with both XBit Asia and Luno, just to give myself more options. Not very happy with having to disclose such personal information, but no choice. I don't really trust Localbitcoins. Then buyer will contact u via phone to buy or through web communication only? |
|
|
Mar 3 2017, 11:04 AM
Return to original view | Post
#49
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(wengherng @ Mar 3 2017, 10:47 AM) Nope, both XBit Asia and Luno are online exchanges......you only deal with the exchange, you never meet the buyer. Dangerous or not to transfer the bitcoin?You just log in, transfer your bitcoins to the exchange account, set up your sell limit, and that's it. Once someone agrees to your price and buys your bitcoins, then the exchange will execute your sell order automatically and fund your account with MYR, which you can then withdraw to your local bank account. It's very convenient. Just like your normal stock exchange. And if my bitcoin is not held with their exchange, I can transfer to them too? |
|
|
Mar 3 2017, 11:38 AM
Return to original view | Post
#50
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(wengherng @ Mar 3 2017, 11:14 AM) Well, I wouldn't call it "dangerous" but I definitely wouldn't use an exchange to store my bitcoins, that's for sure. I see. I hold my stash in cold storage, and only transfer the amount I need to the exchange. Meaning, my account on the exchange is usually 0.000000 BTC. When I need to sell 1 BTC, I only transfer 1 BTC to the exchange, and execute a sell order for 1 BTC. When somebody buys my 1 BTC, the exchange notifies me by email, and I log in to the account, and see the MYR in my exchange account, and then I just execute a withdrawal order, and the next day I see the MYR in my bank account. The above scenario does not take into consideration the fees that are applicable, as different exchanges have different fee structures. But in order to sell on any exchange, your BTC must be in the exchange account. Which one is the cheapest exchange? And how do you transfer from your cold storage to your exchange account? Better if there are buyers from lowyat, buy direct from me with RM100 per transaction... I don't mind to sell it batch by batch rather than to pass my KYC documents to them... |
|
|
Mar 3 2017, 03:18 PM
Return to original view | Post
#51
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(wengherng @ Mar 3 2017, 11:49 AM) Well, there are several exchanges available in Malaysia, and I only use XBit Asia and Luno, so I really can't say which one is the cheapest. Thanks.From personal experience only, so far, XBit Asia gives me slightly better returns. If you are going to sell in many batches of very small amounts each, personally, I think one thing you have to consider is the transaction fees. Transaction fees generally do not vary too much whether the transaction amount is large or small, so making many small transactions will actually eat into your profits rather significantly. But of course, if privacy is your main concern, then this might be acceptable for you. The transfer of BTC from one exchange to another exchange is real time? I still see the transaction is shown in XbitAsia but balance is still zero. The status in sender's exchange is still pending. Need wait minutes? |
|
|
Mar 3 2017, 05:04 PM
Return to original view | Post
#52
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(wengherng @ Mar 3 2017, 04:22 PM) Just as with any bitcoin transactions, it will only show in the blockchain ledger when a miner successfully completes mining a block and adds it into the ledger. Wow, so complex.Depending on how much transaction fees you paid (usually determined by the exchange that you sent from), it could take anywhere from 1 minute to 1 hour. The higher the transaction fee, the higher the priority and the faster your transaction will be confirmed. Personally, the fastest confirmation I ever got was less than 2 minutes, and the longest I had to wait was something like 40 minutes. Some exchanges even specify that they will only update your account when more than 2 or 3 confirmations are available in the blockchain. Don't worry, your transaction is safe, just congested in the queue (assuming your sent to the right address!) Many thanks for your guidance. |
|
|
Mar 3 2017, 05:52 PM
Return to original view | Post
#53
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
I just managed to sell 0.10 BTC at RM560.44 net off.. Ads was just placed and immediately "eaten" by buyer.... lol
|
|
|
|
|
|
Mar 3 2017, 06:18 PM
Return to original view | Post
#54
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
|
|
|
Mar 5 2017, 12:41 PM
Return to original view | Post
#55
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
|
|
|
Mar 6 2017, 11:38 AM
Return to original view | Post
#56
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(barry @ Mar 6 2017, 11:36 AM) I am very keen to set aside some of my savings into Bitcoins having little faith in first currencies. I have put some money in gold but I realize that Bitcoins and silver are not to be overlooked. You want buy or sell?I would really love it if someone can help me towards buying my first btc. Please pm me and I will be most appreciative. My phone contact is 0122040983. Regards Barry |
|
|
Mar 7 2017, 12:18 PM
Return to original view | Post
#57
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
So happy.. my BTC sell quote at MYR5730 was success!
|
|
|
Mar 8 2017, 09:57 AM
Return to original view | Post
#58
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
XbitAsia's fee is quite cheap too
I managed to get my 0.3 BTC sold at RM5730. And I got only RM1,714.60 (RM1714.60 + 0.11)/ 0.3 = RM5715.70 5715.70 / 5730 = 99.75% It means 0.25% is the transaction fee deducted from 0.3 BTC sold.... |
|
|
Mar 8 2017, 10:35 AM
Return to original view | Post
#59
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(wengherng @ Mar 8 2017, 10:33 AM) Currently XBit Asia's fee is 0.25% for Maker, and 1% for Taker. aiyo... expensive than before.But starting from 11am on 10th March 2017 (this Friday), for will be no more Maker/Taker fees. They will be switching to Buyer/Seller fees. Buyer fee will be 0.5%, and Seller fee will be 0.8% per trade. Also, note that there is a network fee of 0.0003 BTC per transfer, if you are transferring your BTC from your XBit Asia account to your hardware wallet, etc. This fee is for the miners. I bought one workstation for my work purpose. Dunno can mine a bit to earn some? hehehehe This post has been edited by jack2: Mar 8 2017, 10:36 AM |
|
|
Mar 8 2017, 10:56 AM
Return to original view | Post
#60
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(kmarc @ Mar 8 2017, 10:54 AM) Haha, you always promote your telegram group. Will take a look tonight. I didn't really know about Bitcoin etc..as I know not in this field.0.5%/0.8% a bit expensive leh. I don't really look at fees but as far as I know, I'm not charged anything for buying BTC at remitano or localbitcoins. From my reading, normal computers are not worth it. I found that many use antminers or hardware specifically designed for mining but it's so difficult to get those in Malaysia. Since I got new workstation, just thought to utilise it since got 3 years warranty on processor etc mah... |
| Change to: | 0.0676sec
0.43
7 queries
GZIP Disabled
Time is now: 3rd December 2025 - 03:43 PM |