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 Bitcoin Thread v1, and other cryptocurrencies

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jack2
post Jun 21 2016, 01:02 PM

Mr
********
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what is the purpose of using bitcoin?
jack2
post Dec 17 2016, 09:14 PM

Mr
********
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why BitX's bitcon 1BTC = MYR2400-2500 only?

I saw BTC 1 = USD785+
jack2
post Dec 17 2016, 09:19 PM

Mr
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QUOTE(klthor @ Dec 17 2016, 06:28 PM)
traded around rm1k. and receive my money.
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what rate did you get?

1BTC = berapa MYR?
jack2
post Dec 17 2016, 10:24 PM

Mr
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QUOTE(klthor @ Dec 17 2016, 10:14 PM)
1btc like RM34xx
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A bit low.. I would expect 35xx
jack2
post Dec 17 2016, 10:32 PM

Mr
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QUOTE(klthor @ Dec 17 2016, 10:30 PM)
that is why i said, low volume.... doesnt really reflect the actual market price ... im still waiting for coinbox tosort out their issue, till have a couple of RM inside with them....
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what happened to coinbox?
jack2
post Dec 17 2016, 10:46 PM

Mr
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QUOTE(klthor @ Dec 17 2016, 10:34 PM)
maybank close their accounts i suppose. so they stop transact in RM until a bank that support them doing bitcoint trading.
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it means this thing is still not legalised in Malaysia which it is regarded as currency exchange.
jack2
post Dec 17 2016, 10:54 PM

Mr
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QUOTE(wengherng @ Dec 17 2016, 10:52 PM)
Yes, and now I am really worried that once I start using XBit Asia, the same will happen sooner or later.
If it happened to BitX and Coinbox, it is logical to assume that the same will happen to XBit Asia as well.  sad.gif
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why it happened to them but JJPTR never get closure?
jack2
post Dec 17 2016, 11:08 PM

Mr
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QUOTE(wengherng @ Dec 17 2016, 11:01 PM)
BitX's bank account has been suspended by its bank, meaning nobody can deposit RM into it anymore, and those with RM already inside cannot withdraw anymore.
Same issue as Coinbox.......so I suppose some people are panicking and want to unload their coins.
Seems illogical to me, though......since they wouldn't be able to withdraw cash anyway, even if they sold their coins.
Would have made more sense to transfer their coins to another place and sell.  confused.gif
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How about those people who have bought bitcoin and held it in BTC value?

Can it be sold via other platform or transfer to other users?
jack2
post Dec 17 2016, 11:25 PM

Mr
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QUOTE(wengherng @ Dec 17 2016, 11:20 PM)
Their BitX accounts remain active, and all they have to do is to transfer their coins to another exchange if they wished to sell.
The only concern is that there aren't really that many exchanges in Malaysia that can deal with Ringgit withdrawals, like BitX, Coinbox, XBit Asia, etc.
If BNM suddenly decides to regulate this and create problems, then it will be impossible for Bitcoin holders in Malaysia to get back their money in cash withdrawals after selling.
You can still send your Bitcoins to other exchanges outside of Malaysia and sell them there, then transfer the money back via international telegraphic transfer, but then you'd have a whole different set of problems there as well.
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I see... I can help to buy all you have.
jack2
post Dec 17 2016, 11:37 PM

Mr
********
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I am new to bitcoin but I found way to get it exchanged to MYR.
jack2
post Dec 17 2016, 11:47 PM

Mr
********
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QUOTE(wengherng @ Dec 17 2016, 11:45 PM)
Let's hear it!  biggrin.gif
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Test with me for USD5 bitcoin...

https://bitcoin.org/en/

Bitcoin
Core wallet?
jack2
post Dec 18 2016, 01:07 AM

Mr
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QUOTE(opticc @ Dec 18 2016, 12:52 AM)
i better buy some to hedge our poor ringgit
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how to buy if they can't transact in MYR?
jack2
post Dec 18 2016, 01:39 AM

Mr
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QUOTE(opticc @ Dec 18 2016, 01:09 AM)
buy USD first, then convert buy can?
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This one I really dunno...
jack2
post Dec 18 2016, 11:35 AM

Mr
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BitX, Coinbox, XBit Asia, etc.

All withdrawals via local MYR sudah close down?
jack2
post Dec 18 2016, 12:55 PM

Mr
********
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QUOTE(asimov82 @ Dec 18 2016, 12:00 PM)
I dont understand,
withdraw to MYR meaning selling non-ringgit buying more ringgit.
why stop our act of patriotism!??  bruce.gif
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I dunno

I am new
jack2
post Dec 29 2016, 08:47 AM

Mr
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QUOTE(sense_less143 @ Dec 28 2016, 09:00 PM)
Anyone knows what happened to http://bitstore.com.my/?
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QUOTE(wengherng @ Dec 28 2016, 11:25 PM)
Interesting......it's down and no longer available, and even the main domain www.bitstore.com is up for leasing.
I guess the company is bust?  hmm.gif
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How about investors' fund?
jack2
post Jan 9 2017, 01:48 PM

Mr
********
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QUOTE(klthor @ Jan 5 2017, 12:45 PM)
from my casual mining. im still looking for a place to sell, xbitasia price isnt really good but thats the only place i can sell for now.
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you can sell to me. I can take up any volume.. rclxms.gif rclxms.gif
jack2
post Jan 10 2017, 08:50 AM

Mr
********
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QUOTE(lucifart @ Jan 9 2017, 11:36 PM)
So are u saying if I sell you my 10 bitcoin, you willing to buy at rm40k which at this moment is cheaper than market price... So how u confirm??
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yes, at the price you are willing to sell, and the price I am willing to take up.
jack2
post Jan 10 2017, 01:03 PM

Mr
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QUOTE(lucifart @ Jan 10 2017, 12:59 PM)
Now its rm50k...ok I sell at this price....where u pm me ur hp I go ur place..
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Don't give value la.. You need to tell me how much unit of your bitcoin and price I am willing to buy per unit.

Don't give me value as I need to calculate my margin price per unit.

Further, I won't buy per lump sump and only batch per batch to avoid other issues.

For example, RM2000 value per batch or even lower to avoid you afraid me scam you.



jack2
post Jan 10 2017, 01:10 PM

Mr
********
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QUOTE(lucifart @ Jan 10 2017, 01:09 PM)
Aiyoh that y bitcoin community really doh.gif how can u say like that suppose to follow market price mahhhh...anyway can anybody point me a way to sell my bitcoin since im quite new to this...tq
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No. If I follow market price, I eat glass...

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