Nope, to be honest, I didn't.
Good to learn something new every day.
I just hope I don't have to wait too long until they deliver.

Not at home at the moment so can't do an extensive research.
Does this mean that we have to send the ETH to MEW first and then send it again to the hardware wallet?
Means we incur the transaction fees twice?

I tried with an Ipoh postcode, then with a KL postcode, both returned a EUR 50.36 shipping price.
I am definitely not going to pay RM 512 for this.
Which website did you use?
I used www.ledgerwallet.com so perhaps you found another cheaper website?

Lost???
What do you mean...lost?!
Damn, I hope you get it back!
Perhaps it's just stuck in a mempool waiting for confirmations?

SHIT...!
My funds won't be available till Wednesday at least, and ETH already went up by nearly USD20 over the last two days...!
Why is this happening to me...?!

Delete repeated post.

This post has been edited by wengherng: May 1 2017, 11:29 AM

Prices are too volatile these couple of days.
Don't trade impulsively.
Just hold it, it will definitely move up in the near future.

First world problems...hahaha!
As kmarc said, price go down, sad......price go up, also sad...!

I've seen so many people saying something similar, that the gain in altcoins is automatically the decline of bitcoin.
But I don't necessarily see it that way.
I personally believe that both bitcoin and altcoins (well, some of them anyway......some altcoins are really just crap) have a role to play in our future.
Regardless of the fact that some altcoins might technically be able to do the things that bitcoin does, or vice versa, many people forget the single most important variable in the equation......the human factor.
With more than 7 billion people on the planet and increasing, there will undoubtedly be different sentiments, different perceptions, different preferences, etc. which will influence the paths of development and evolution of each cryptocurrency, with each serving its own purpose and niche.

No matter how good and reliable a Toyota is, there will always still be a market for BMW, Aston Martins, Tata and Chery.

I don't fully agree with what you are saying, but then again, that's what this forum is for......a healthy gathering of differing views and ideas.

You vision of the future is one where bitcoin is the sole and only digital currency in existence, and that anything which the current altcoins can do now, bitcoin can also do.
That much is true, but think also that the reverse is true, anything that bitcoin can do, there will be an altcoin that can do it (and maybe do it better).
And your analogy to HTTP is flawed, because HTTP is an application protocol on which all other internet servers use. A more accurate analogy would be to say that HTTP is similar to blockchain technology. Just like how Google, Facebook, Netflix uses HTTP protocol, in the same manner bitcoin, ether, monero, etc. use blockchain technology.
And the very nature of bitcoin's design, which is decentralisation, means that nothing can be legally patented, i.e. there is no such thing as a "counterfeit". You can no more patent blockchain technology any more than Ford can patent the circular design of the car tyre.

The way I see it, bitcoin revolutionised the way we view currency, by bringing it into the digital world.
Again using my car analogy, it's just like in the beginning of the 20th century, when people were calling for faster horse carriages, Ford came out with the first commercially available automobile, and forever changed the way we travel.
But fast forward one hundred years to the present day, no matter how many functions and gadgets and improvements and innovations that Ford puts into their cars, they can never eliminate all the other car brands, even though a Ford can technically do everything that any other car can do.
And despite once being the world's largest and most advanced manufacturer during its hey-days, Ford is now the 5th largest, having lost to latecomers like Toyota and Hyundai.

I'm not saying that bitcoin is going to suffer the same fate......all I'm saying is that I am convinced of a future where we will have many different digital currencies, with various levels of adoption and their own niche.

Well, let's just agree to disagree here.
I'm not a purist or maximalist or even an enthusiast, to be honest......just someone to believes in the importance of cryptocurrency for our future, and is significantly invested in it.
Anyway, nobody really knows what the future holds......for all we know, the world might end tomorrow and we don't need to be talking about cryptocurrency or fiat or blockchain or any of this shit anymore.
As long as we all do our own due diligence and invest sensibly and make money, then it's mission accomplished.

Yeah I am not too comfortable with this as well, although I think in the end I will go ahead with it anyway.
I've already submitted all my personal documentation with all the major exchanges so all my personal information really isn't very personal anymore......so one more isn't going to change anything.

Hey I was actually barred from Lowyat forum for the past 2 days and just recently was able to access the site again......apparently the server had some sort of DOS attack.
Anybody else experienced this?

OK, haven't had time to investigate this in detail, but their FAQ stated that they still do not accept any other currency apart from SGD, but most likely the FAQ is outdated.
At first glance, the prices they use and the fees they impose look very promising though!

I had somewhat similar of an experience yesterday. Tried to send BTC from hardware wallet to Poloniex.
Transaction got stuck in limbo, pending status, zero confirmation after more than 24 hours.
Bloody hell.

At the moment, looking at all the problems that are plaguing Bitfinex, it is probably prudent to avoid trading on Bitfinex for the time being.
There are many other online exchanges to choose from, like Poloniex and Bittrex.
They are not being very transparent, which smells very fishy to me; and seeing that cryptocurrency is an unregulated industry, it is best to err on the side of caution.

On an unrelated topic, I am still experiencing problems logging into Lowyat forum......

And I was holding out on a hope that it would correct back down to the mid 60s......
Doesn't look very probable at the moment.


This post has been edited by wengherng: May 4 2017, 01:23 PM

If you're a newbie into cryptocurrencies, I would actually recommend using online exchanges to buy BTC, such as Luno or XBit Asia.
Localbitcoins is also fine, but please just exercise caution and be wary of scammers.
Then you transfer it to Poloniex (or any other crypto-to-crypto exchange, like Bittrex) and use it to buy your ETH.
After that, it is highly advisable to send your ETH to a hardware wallet for safekeeping.
You can also opt to keep it on Poloniex, but note that it is not as secure as keeping it yourself.

Then, when you sell your ETH for BTC, you can transfer your BTC back to the online exchange that deals with MYR (again, I recommend Luno or XBit Asia) and sell your BTC, then you withdraw your money in MYR to a local bank account.

But, looking at the way things are heading at the moment, I strongly recommend that you buy and hold for the longer term.

Technically speaking, it's not "hard", just that you have to buy online through their website, as there are no shops in Malaysia where you can just walk in and buy one.
The Trezor or the Ledger Nano S are both good choices.
The Ledger Nano S is currently priced at EUR 58, and I believe there's a shipping cost of around EUR 20 (normal shipping cost, not the express delivery), so going at the current EUR/MYR rate, it should be around RM 368.

Whether you should get one, really depends on your conviction of being a crypto-investor.
Are you just thinking of dabbling in and getting your toes wet, before deciding to dive in?
Or are you serious about it and thinking to invest for the future?
Normally, when people ask me this question, I recommend the Rule of 5.
If your total investments in cryptocurrency exceed 5 times the cost of a hardware wallet, then I'd say they should go and buy one.
But this is just my personal opinion.
Good luck!

Any cryptocurrency that is not bitcoin is generally referred to as an alternative coin, or "altcoin".
Could also be applied to Monero, Dash, Ripple, etc.

Were you looking at the BTC/USDT exchange rate?
Do note that USDT is not USD.
1 USDT is only about USD 0.93.

Selling ETH can be done within minutes.
Sending your BTC from Poloniex to XBit Asia (for example) might take an hour or more, depending on the congestion of transactions.
Then selling your BTC is again pretty instantaneous (if you agree to sell at the prevailing bid price).
Then withdrawal to your local bank account usually get processed latest by the next business day.

This post has been edited by wengherng: May 4 2017, 05:15 PM

Not sure, but I contacted the hardware wallet manufacturer.
They asked me for the sender and recipient addresses.
After checking on blockchain, apparently the transaction is listed, but with "unconfirmed" status.
This afternoon I checked again and the bitcoins were finally transferred back to my hardware wallet.
Phew!
But I still don't know what went wrong.