no, it is only taxable because the trading was done in Malaysia, a corporate entity in malaysia.

So, what you are talking is not applicable.

Try search the taxable income/ corporate/ share law in Malaysia.

You can google online, dont be lazy

Dude, with the virtual card you can. The physical card also supports paywave.

ATM support is also coming, like you can convert crypto into fiat at any country.

Like this is it, you can already skip banks for small payments, you speculate a little bit on crypto and get profits with free spendings.

You mean 5 more months right? I'm average actually, just relaying what I found from Reddit and elsewhere.

Do you know what's better than getting rich?

Making others rich as well, with real stuffs, not your typical get rich quick junk.

EMC2 is flying! 

Yeah, supply and demand. So we can conclude that we already bought some cheap supplies! 
klthor, you seem to be more familiar with these tax issues. We were actually discussing about income tax and government's view on cryptocurrencies some time back. I have no problems with government taxing me IF THEY CAN COME UP with a clear-cut guide on cryptocurrencies. As it stands, I doubt anything concrete will come out for at least a few more years.

As such, legally-speaking, what do you think would be the best course of action if one were to earn a substantial amount from cryptocurrencies? Say one day I earn 500k and decide to liquidate. Besides keeping quiet and get free maggie mee for the rest of my life  , what should we do in terms of income tax? Of course, I'm not going to be the guinea pig and be the first one to tell them.  Let others do it first, especially when there are no clear-cut guidelines. 

Depends on how much you are invested in it.
Your "small player" may be different to the definition of others.

Normally, if you are just starting out, with let's say a few hundred ringgit invested, then don't bother getting a hardware wallet yet.
You can use any of the various online secure wallets for now.
You only need one when your stash gets significant enough and you have decided that you are serious in this investment.

I have mentioned my "Rule of 5" to others before (and this is purely my own recommendation), if your investment in cryptocurrencies exceed 5 times the cost of a hardware wallet, then it makes sense to go and get one.
Currently, a Ledger Nano S is going for slightly less than RM400, so if your investment in cryptocurrencies exceed RM2k, you should get one.

Hope this helps, and welcome to the exciting world of cryptocurrency.

Hi guys, was planning to buy my first ETH and looking at the first post, there are 4 places to buy BTC/Luno, which one has faster transaction/lower fees?

EDIT: I tried coinhako but the verification (selfie with IC etc) really bums me out.

nope. its my nicehash stats

leeching company electricity sure profit 

Polo has issue and i suggest everyone must check and reconcile every balances in the account.

See attachment and luckily I can remember how much I bought.. Otherwise, they eat you.

Would it affect ETC too or they are a separate thing?

Guys a noob question here.

Is the crypto trading include saturday and sunday too?

I'm actually considering starting mining and doing research on it. Unless you have a mining farm, it seems small-time miners will have difficulty getting the coins. Small-time as in one or two gpu setup. However, it seems that you would probably do better if you join a mining pool. Profits are not instant but it seems you can probably get back your money spent after 6 months to one year. I guess a 3-4 or more GPU setup would be preferable. If you can handle the hassle of setup, maintenance, trouble-shooting, down-time, hot room, etc, why not give it a try? 

I will be very happy if can even reach USD 5!!! 
Wished I had access to those hardware and the support needed to setup such farms. Those people probably can get those hardwares cheap. Not like the hardware in Malaysia which is marked up by huge amounts.
What hardware are you using to mine at the moment?

If I start mining, I will mine whatever coin is the most profitable one. Zcash looks promising at the moment.

Haha, your "last time" is my "now"! Still difficult to get in Sibu. Yesterday I went to ask a local shop for a multi PCI-E slot mobo. They have one 3x PCI-E which is one of the highest range mobo costing like 1.4k! 

Cool. Coins are recovery although nowhere near previous high.

I see. What gpu u use right now and and if you dont mind to tell, how much profit per day u make?
Im interested in mining right now because I saw a lot of malaysian ppl sharing their gpu mining screenshot at facebook. One of them even make RM3k per month. Thats crazy, this will be a good alternative to pay my uni fees.

I already go to that website. But i dont know how to use hahaha

Probably order online. I'm thinking of getting ASROCK Z97 Extreme 4 which has 3 PCI-Ex16 slots, selling for RM649 : https://forum.lowyat.net/topic/1459154

Need to look around some more.....

No, it's not always 1:1.
It usually (and very easily) swings a couple of percent each way.
Just like recently when it dropped to as low as USD 0.92.
I personally use Xbit Asia and have never encountered any problems at all.
Yes they're not available on weekends, and the spread is not always the best due to lower liquidity, but other than that I don't have any issues with them.

from year 2014-2016, btc lending rate on polo was hardly 0.05 % per day, so you are pretty lucky to get 0.1% per day the last few months.

zamans98 - I will explain in better detail later why this is a concern. It has nothing to do with being Asian or being cheap. It has more to do with the protocol of Bitcoin architecture.

Unlike WooTz I am not a millionaire yet so I'll need to work.