what is the purpose of using bitcoin?
Bitcoin Thread v1, and other cryptocurrencies
Bitcoin Thread v1, and other cryptocurrencies
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Jun 21 2016, 01:02 PM
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#1
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All Stars
15,192 posts Joined: Oct 2004 |
what is the purpose of using bitcoin?
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Dec 17 2016, 09:14 PM
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#2
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All Stars
15,192 posts Joined: Oct 2004 |
why BitX's bitcon 1BTC = MYR2400-2500 only?
I saw BTC 1 = USD785+ |
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Dec 17 2016, 09:19 PM
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#3
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All Stars
15,192 posts Joined: Oct 2004 |
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Dec 17 2016, 10:24 PM
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#4
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All Stars
15,192 posts Joined: Oct 2004 |
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Dec 17 2016, 10:32 PM
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#5
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All Stars
15,192 posts Joined: Oct 2004 |
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Dec 17 2016, 10:46 PM
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#6
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All Stars
15,192 posts Joined: Oct 2004 |
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Dec 17 2016, 10:54 PM
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#7
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All Stars
15,192 posts Joined: Oct 2004 |
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. why it happened to them but JJPTR never get closure?If it happened to BitX and Coinbox, it is logical to assume that the same will happen to XBit Asia as well. |
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Dec 17 2016, 11:08 PM
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#8
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All Stars
15,192 posts Joined: Oct 2004 |
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. How about those people who have bought bitcoin and held it in BTC value?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. Can it be sold via other platform or transfer to other users? |
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Dec 17 2016, 11:25 PM
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#9
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All Stars
15,192 posts Joined: Oct 2004 |
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. I see... I can help to buy all you have.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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Dec 17 2016, 11:37 PM
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#10
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All Stars
15,192 posts Joined: Oct 2004 |
I am new to bitcoin but I found way to get it exchanged to MYR.
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Dec 17 2016, 11:47 PM
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#11
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(wengherng @ Dec 17 2016, 11:45 PM) Test with me for USD5 bitcoin...https://bitcoin.org/en/ Bitcoin Core wallet? |
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Dec 18 2016, 01:07 AM
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#12
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All Stars
15,192 posts Joined: Oct 2004 |
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Dec 18 2016, 01:39 AM
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#13
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All Stars
15,192 posts Joined: Oct 2004 |
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Dec 18 2016, 11:35 AM
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#14
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All Stars
15,192 posts Joined: Oct 2004 |
BitX, Coinbox, XBit Asia, etc.
All withdrawals via local MYR sudah close down? |
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Dec 18 2016, 12:55 PM
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#15
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All Stars
15,192 posts Joined: Oct 2004 |
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Dec 29 2016, 08:47 AM
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#16
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(sense_less143 @ Dec 28 2016, 09:00 PM) 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. How about investors' fund?I guess the company is bust? |
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Jan 9 2017, 01:48 PM
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#17
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All Stars
15,192 posts Joined: Oct 2004 |
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Jan 10 2017, 08:50 AM
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#18
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All Stars
15,192 posts Joined: Oct 2004 |
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Jan 10 2017, 01:03 PM
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#19
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(lucifart @ Jan 10 2017, 12:59 PM) 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. |
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Jan 10 2017, 01:10 PM
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#20
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All Stars
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