any1 can recommend bitcoin > RM website? currently using coinbox without any charges on trading but withdrawal to bank account charge 1%. looking for more option to reduce my cost.

mate please take note when you create your account with coinbox, your user name must be the same as your bank account name. i kena once but lucky their support are extremely fast. one bad thing about coinbox is their 'delay' in bitcoin pricing (compared to poloneix) and maybe the min charge of RM5 or 1% for withdrawal.

if you dont withdraw how are you going to relised your profit ? i normally ties the BTC to USD then RM with the exchange rate from my local bank. coinbox seems slower to reflect market (polonexi) price to me. but i cant complain since i need coinbox to deal directly RM into my account.

btc is not very useful for most of us as not many place accept it. susut nilai or not... BTC is still much more variable than RM to me, i just play abit with it. $700 per btc can drop until $500++ per btc within days.... thats terrible to me anyway, if you do not need to withdraw then you may wanna try it with btc, but i do know that there is small transaction cost moving btc around (because i transfer btc from poloneix to coinbox and i lost a small amount of btc).

im using xbit asia currently, volume is quite low compared to coinbox.... hope coinbox can settle off their on going issues.

im using xbit asia currently, volume is quite low compared to coinbox.... hope coinbox can settle off their on going issues.

how realiable i do not know, but they require tons of verification. like IC, prove of address.... just transferred RM100 worth of BTC to test the water, received my money today. hope its legit .... transferring 2nd batch of btc to sell there.

no 1 knows, i have RM140+ stucked inside. i heard they let ppl to buy btc using the existing RM inside and then transfer out the Btc to other place... just wondering should i buy btc and transfer to xbit asia to sell or not..... will see how it goes.

never tried bitx before. if compare to coinbox, the volume is extremely low. coinhako very expensive for withdraw.

low volume means not many ppl selling or buying btc there. example if you wanna buy 50k worth of btc, you might not find thrm at the right price or no enough btc. maybe its still new i guess.

traded around rm1k. and receive my money.

1btc like RM34xx

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....

maybank close their accounts i suppose. so they stop transact in RM until a bank that support them doing bitcoint trading.

yep, this is my nightmare as i have incoming BTC all the time. when i cant use coinbox, i started to consider all sort of method and ended up xbit asia with the lowest fee to withdraw MYR.

ermmm since so many ppl interested in mining i will share a bit of what i know.

back then, ppl use computer to mine btc aka gpu mining. you need to setup, downloand mining software, etc etc. now btc is dominated by asec (hope i spell if correctly), these machines are damn efficient, low power big hasrate but its damn pricy and useless when newer version is out. due to these asec invaders, pc mining died off. why died off? because its easier to mine causes the hashrate increase, the more hashrate the higher the difficulties. in short, you will get less btc day by day with the same machine.

you can try to buy 2nd hand asec miner for cheaper price, but its totally not profitable unless you have free electricity.

i have been mining on and off for fun, but not really worth the time to monitor such small profit. but for the sake of learning and fun.

mouse problem double post.

This post has been edited by klthor: Jan 4 2017, 05:39 PM

its totally a gamble to invest in btc, 1 hack in major exchange will force down the btc value. it used to be 700usd in early 2016, then 1 btc exchange announce the have been hacked and it dip down to 500usd per btc... so now the rally up till 1000+btc.

as for btc mining, totally not worth it. cloud mining no comment since i never tried cloud mining. i prefer buying pc stuffs, build rig, setting etc etc....

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.

i guess so, but you sure bitx now RM2925? and xbitasia = RM5104? i remember ytd i saw in xbit asia is roughly rm47xx only.