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 Bitcoin and other Cryptocurrencies v2

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SUSAllnGap
post Jun 3 2017, 10:24 AM

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QUOTE(jack2 @ Jun 3 2017, 09:57 AM)
Wah... If below, no trigger?
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bank wanna submit your account details to bank negara.
maybe LHDN not enough money they will scan through your statement ask you what u doing and since u say buy n sell coins u got undeclared income and u kena
SUSAllnGap
post Jun 8 2017, 12:06 PM

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QUOTE(raptor_cZn @ Jun 8 2017, 11:13 AM)
Just a tip for anyone deciding to mine (Ethash coins at least) with an older card with 2GB VRAM or maybe less, you can still mine other altcoins besides ETH which has a smaller DAG size.
Currently there is no way to mine ETH if your card doesn't have more than 2GB VRAM due to the size of the DAG http://crypto-mining.xyz/eth/ethereum-dag-size-predictions/

I'm currently mining Ubiq with my old R9 270  biggrin.gif
Currently running 16-18 Mh/s which averages about $2 a day according to WhatToMine. I leave my computer on all day even before mining so the additional cost is quite negligible for a single card. Graphics cards were also much cheaper back then  laugh.gif

I have another R9 270 lying in another rig but it might turn my room into an oven if I use it for mining  sweat.gif
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$2 include your tnb bill or not ?

This post has been edited by AllnGap: Jun 8 2017, 12:06 PM
SUSAllnGap
post Jun 10 2017, 10:30 AM

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QUOTE(terradrive @ Jun 10 2017, 10:23 AM)
Then it also means it is more profitable for miners here to sell their btc?
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XbitAsia daily transaction around 50 BTC or RM 500k daily
BitFinex daily transaction 29,578 BTC or RM 30mil daily (margin trading/leverage included)


basically if someone were to buy 10-20 BTC at the bottom, you would see 10% premium on malaysia exchange.
malaysia market is way too small

SUSAllnGap
post Jun 10 2017, 01:22 PM

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when btc gonna crash man.....no chance to enter

ETH very bullish ATM. buyer side almost 3x seller side
SUSAllnGap
post Jun 10 2017, 03:14 PM

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QUOTE(wengherng @ Jun 10 2017, 03:00 PM)
Well, think of it this way.
When bitcoin first reached USD 1.00, everyone was commenting on how "expensive" it was at that time, because they remembered the time when it was still trading at USD 0.01.
Those people said the same thing when bitcoin reached USD 100, because they remembered the time when it was only USD 1.00.
Instead of waiting for the price to come down by 10% or 20%, why not just buy now and hold it for a while, and aim for 10000% profit instead?
The best time to invest in bitcoin was in 2009.
The second best time is NOW.
It depends on you, really.
I have all my ETH in one single address, then I subsequently opened up a few other addresses, each holding a single type of coin.
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this is what dumb money always say.
sorry to disagree.

the current sell level is 2950, buy level at 2600.
but buying side is slightly weaker than seller quantity.
my guess is we'll see 2500 for BTC very soon

but for ETH buying side order is 3x seller around 300.
all buyers lining up around 260
so it's super bullish for ETH. I guess BTC is way too expensive for small investors at the moment

This post has been edited by AllnGap: Jun 10 2017, 03:15 PM
SUSAllnGap
post Jun 10 2017, 03:35 PM

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QUOTE(wengherng @ Jun 10 2017, 03:26 PM)
Please feel free to disagree, I think it is very healthy to have constructive debates and that's exactly how we learn from each other.
I am not a very technical kind of investor, so I cannot comment on buy levels and sell levels, etc.
You're probably right.
All I can say is that I speak from personal experience, and when I bought ETH back when it was around USD 16, a lot of people were saying that it was expensive, we'll see it drop back to USD 10 soon, etc.

I'm the very lazy and naïve kind of investor, who just happens to have a little bit of faith in the future of cryptocurrencies, so even if my coins lose 50% of their price tomorrow, I wouldn't be losing any sleep over it.
If I believe BTC will reach USD 10k in future, then it doesn't worry me too much whether I bought at USD 2500 or USD 2950.

But I do get where you're coming from, though.
For traders, entry price levels are important.
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that tiny difference for good entry n exit is a lot if I compound it

anyway a lot of things happening now is all based on margin.
if the price drops like waterfall between 20% we'll be seeing discounts up to 40-50%.


SUSAllnGap
post Jun 10 2017, 10:11 PM

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QUOTE(shikimori @ Jun 10 2017, 09:13 PM)
will bitcoin price go over $3000 ? It's rising up now
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from order side buyer is weak.

ETH is very strong buyer ATM.

I'm waiting to buy btc but no dip yet
SUSAllnGap
post Jun 11 2017, 12:09 AM

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ETH

SELL WALL = 320-330
BUY WALL = 260-270

BUY SIDE 3x SELL SIDE, very bullish

This post has been edited by AllnGap: Jun 11 2017, 12:12 AM
SUSAllnGap
post Jun 11 2017, 10:28 AM

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who wanna sell their ETH to me ??
wanna get quite a lot
SUSAllnGap
post Jun 11 2017, 04:55 PM

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QUOTE(WooTz @ Jun 11 2017, 04:47 PM)
I've seen this pattern before, a week before the first EEA, price spiked from $12.7 to $15.73, then a mega pump 2 week later

not saying it'll happen again, but this IS China we're talking here.

jury is still out
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I think those btc buyer all shifted to ETH. btc is very unaffordable.

still there are 3x more buyer around 300. seller wall at 360.

I've been waiting for an entry for 3 weeks yet no pullback yet
damn it where is price crashing
SUSAllnGap
post Jun 11 2017, 05:06 PM

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QUOTE(WooTz @ Jun 11 2017, 04:57 PM)
got lobang for GPUs? really drained nationwide? I'm open to 1060/1070/1080 TI too
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why u wanna waste time to mine.
if u want shift some of your funds to gemini or what I help u trade.
I take a cut can d.

the dips can generate more than 20% per month if it continue current volatility.

SUSAllnGap
post Jun 11 2017, 05:10 PM

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QUOTE(WooTz @ Jun 11 2017, 05:08 PM)
mostly altruism, not for riches but to support ETH all the way till PoS.

where you can get the best deals for parts?
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mining small scale really not worth it. cuz have to monitor.
so either do big or don't do at all.

I think if locally can't get might as well buy from Amazon and send to Singapore. then u collect from there

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