yes, anything before privacy/PoS is definitely a bargain, buy little by little and ignore the price swings.

2017 is jam packed with ETH fundamentals.

please do your own due diligence

This post has been edited by WooTz: Mar 29 2017, 09:17 PM

Potcoin on the rise!

NAV is launching their new site today and releasing the RPI staking image on Friday.

Thursday 23 — Launch Nav Coin Core 4.0.0 Beta

Monday 27 — Start social media campaign / competition to support the software launch.

Wednesday 29 — Launch new Nav Coin website and Press Releases about the software launch.

Friday 31 — Launch Nav Coin 4.0.0, Nav Pi Stake Box & Navtech 1.1




Meet Craig MacGregor - Lead developer of NAV Coin in person! at @Bloktex 2017

CEO of Encrypt S Limited, Lead Developer of NAV Coin. Encrypt S is focused on simplifying blockchain technology to make its business and social benefits available to all industries. Encrypt S has played an instrumental role in the rise of Nav Coin on the world stage, designing and building its dual blockchain based private payment platform.



KUALA LUMPUR BLOKTEX 2017 Fintech/Blockchain Conference (8/9 April)

The first ever large scale blockchain event in Malaysia featuring 12 industry experts.

Co-organised by Malaysia Industry-Government Group for High Technology (MIGHT) and supported by Malaysia Digital Economy Corporation (MDEC).

Use promo code: CLBLOKTEX
to get 25% off the Conference tickets.

http://bloktex.com/conference/

This post has been edited by sirxl: Mar 29 2017, 09:42 PM

Which wallet you use for eth? Hardware?
Any suggestions for online wallet to keep eth?
Wirex cant thou.

I finally bought altcoins.. For pure gambling pretty much spent my weekend money.

Potcoin is one of my alts. That niche and marketing gimmick is really interesting imo.
Got cannabiscoin also but potcoin won the branding.

Hope both Cann and potcoin do well the more states/country legalize weed. I heard Canada will legalize this coming July.

Already know all that. Bought a bit more just now!

Hardware wallet is better than online.

Can google online wallet. Here's one example : https://www.myetherwallet.com/

I'm using this with my Trezor hardware wallet.

What's your top picks? I'm searching for more coins to add.

Now, if I can wake up tomorrow morning with a four-digit gain on my NAV, that'd be real nice.

My picks are based on simple criteria:
- website looks good - you can feel the effort of having a proper site
- concept/selling point is clear and easy to understand (im not a tech person)
- at least they show the devs/team face & profile

Potcoin - buy pots with potcoin. Very simple
Digibyte - gaming. Good niche market also
Qora - simply bcse its new.
Siacoin - storj too exp.
Noblecoin - sort of multicurrency wallet - i think few lightweigt btc wallet can do this eg.
Mobi. But i still think worth to invest.

Next one maybe musicoin. Again easy to understand concept and clear target market.
LBC is okay, but Im not sure whats the difference with existing content sharing platform. Maybe i shld read more abt it.

I feel like an angel investor/venture capitalist
I may be wrong but i'll try to make it simple: if Google, Facebook, Uber come up with their own coin, and the only way to login to your account is by spending their coins, will I buy/invest? I say yes, then i'll look for coin concept with the same value proposition. Direct use case + clear targeted market.

This is actually pretty fun.

sirxl How does NAV POS work? I mean, what is the meaning of staking NAVcoins in NAV wallets? Your computer has to be on all the time with the NAV wallets in staking mode?

Haha, too much expectation. 3-digits is good enough for me! Slow and steady

Yippeee... typically day where I see many of my coins flying.

I see. I actually just crossed out Qora from my list a few hours ago. Noblecoin long time ago. Digibyte huh? Will take a look later.

Proof of Stake. Buy a bunch of NAV coins, leave it on a full node wallet (they have 2 types) and your PC/laptop needs to be running 24/7. Alternatively, get a VPS but I won't recommend it as your private keys are visible.

I see. Still a lot to learn. Navcoin still needs GPU/CPU power right? What's the best CPU or GPU to stake? The Nav Pi stake box? Any link to explain this as google doesn't really help. Need a Navcoin POS for dummies guide..... I'm interested to know how we actually go about staking and what type of rig will be good/cost-effective.

This post has been edited by kmarc: Mar 30 2017, 06:51 AM

Are you lending out your BTC? Very good rates actually.

Standard CPU will do. Bigger NAV balance in the full node wallet = Higher network staking power (more coins staked)

Drop by @Bloktex 2017 next week, Craig can show you the details.


Meet Craig MacGregor - Lead developer of NAV Coin in person! at @Bloktex 2017

CEO of Encrypt S Limited, Lead Developer of NAV Coin. Encrypt S is focused on simplifying blockchain technology to make its business and social benefits available to all industries. Encrypt S has played an instrumental role in the rise of Nav Coin on the world stage, designing and building its dual blockchain based private payment platform.
KUALA LUMPUR BLOKTEX 2017 Fintech/Blockchain Conference (8/9 April)

The first ever large scale blockchain event in Malaysia featuring 12 industry experts.

Co-organised by Malaysia Industry-Government Group for High Technology (MIGHT) and supported by Malaysia Digital Economy Corporation (MDEC).

Use promo code: CLBLOKTEX
to get 25% off the Conference tickets.

http://bloktex.com/conference/



This post has been edited by sirxl: Mar 30 2017, 07:18 AM

Depends on how much you plan to hold. My main stash is spread among a few Ledger Nano S. It's RM350 each including shipping.

Anything above RM1000 it's better to get a hardware wallet like Trezor or Ledger.

Or else Jaxx seems okay, works with PC, android, iOS with a single seed.

Or you can generate a paper wallet with MyEtherWallet.

This post has been edited by WooTz: Mar 30 2017, 08:21 AM

I see. So I guess even a lousy rig that's constantly online would be adequate. Thx!

I'm in Sibu ler.... far far away....

What's the meaning of a full-node wallet and how to earn a maximum of 5%?

On other news, just lent out my Clams for 1.49% rate!

This post has been edited by kmarc: Mar 30 2017, 09:07 AM

Free today. Going to continue the guide. wengherng Do copy the guide over to #1 post AFTER I have finished with it

Grow your money on Poloniex - How to lend out your coins

Before we begin the tutorial on lending, the general rule of keeping your coins safe still applies. However, the disadvantage of keeping it in cold storage is that it doesn't generate money besides price appreciation. You can consider another option which is to lend your coins to traders on Poloniex WHILE enjoying price appreciation if any. Do note that you need to have the coins on your Poloniex's account to lend them out.

Lending rates
Let's start with this as lending rates are the main factor why one would want to keep their coins on Poloniex and lend out the coins.

Lending rates depends on supply and demand. It can fluctuate and swing widely. It can be very low but it can also be very high. Even higher than the rates of loan sharks!

Here are some of the spot rates at the moment:

Coin	Rates
Bticoin	0.1595%
BTS	0.0001%
CLAM	1.2997%
DASH	0.0587%
ETH	0.0029%
XRP	0.0096%

As you can see from the table above, rates also vary widely between coins. Dash previously had a rate of 0.88% when the demand was high. Clam had low rates previously but because it is in demand now, it is at super loan shark rates!

Huh, the rates are so LOW???!!!??!? Before you stomp away upset, do note that the rates are quoted PER DAY (24 hours) and not per year!! For example, if you loan out CLAM for 1%, you will get 1% of clams after 24 hours! In the unlikely event that you can lend out for a whole year, the returns will be 365 days x 1% = 365% return!!!! However, as you will see later, it is almost impossible to loan out for long periods unless you are very very VERY lucky.

The interest generated are the same coins you loaned out. If you loan out CLAMS, you will get CLAMS for interest.

Another thing is know is that the interest starts calculating the moment the loan is taken up. The site updates the active loan every 20-30 seconds and you can see interest being generated. So even if you loan was taken up for only 5 minutes, you will already get some interest although it would be negligible.

Note : I guess it goes without saying that you would need a significant amount of coins and a good lending rate to make lending worthwhile. From observation, it seems bitcoin has a consistent demand with relatively good rates. You just have to calculate the returns for yourself to see whether it is worthwhile or not.

Loan duration

Ok, here comes the reason why you won't be getting rich by getting a 365% return.

When you offer your loan, you will need to specify the rate, amount and duration. Default duration is 2 days and the range is 2 - 60 days.

If you lent out for 2 days and the loan is taken up, it doesn't mean that it will be loaned out for 2 days. It can sometimes be returned in a few hours or even a few seconds! This is the main disadvantage of lending, where you need to manually check to see whether your loan is running.

There is a lending bot that can automatically set up loans for you but it is 3rd-party where you would have to give it access to Poloniex to run the loans. I don't recommend it so this guide won't cover lending bots.

Lending risk
As with any loan, there are risk to lending. You can't be going about spraying red paint when your loan is not returned.

I'm not entirely sure what the risks are or how high the risk is. I have asked this in Poloniex and they say that the risk is minimal because they have safeguards. For one, the coins you loaned out cannot be transferred out of Poloniex. Even if you loaned out 1 BTC and the price of BTC crashes, it is still one BTC that will be returned to you!

So, lend at your own risk and don't throw red paint at my house if something happens!


Poloniex lending facility

Ok, let's get down to actual lending out your coins. I only have experience with Poloniex so we will only cover it.

On Poloniex, you'll notice 3 sections/tabs - Exchange, Margin and Lending.



Click on the Lending tab to go to the lending page.

A word of advice : Don't ever go to the margin tab. Very risky to play margin trades.

This is what you will see on the lending page.



1) My Balances
- This is where you can view your balances across all 3 facilities - Exchange, Margin and lending
- It only shows the available amount of coins. If you have open orders or coins under loan, it will not be shown in the total.
- You can also see the type of coins you can loan out. At the moment, only 12 coins can be loaned out.
- From here, you can select the coin you want to loan out.

2) Quick transfer
- This is a quick feature to transfer your coins between the 3 facilities
- In order for you to loan out your coins, you have to first transfer the coins from Exchange (that's where your coins probably are at the start)
- If you don't transfer any coins to lending, you won't be able to loan out anything.
- Likewise, if you finish lending and want to sell off the coins, you would have to transfer them from lending back to exchange

3) Loan
- This is where you offer your loan
- You have to enter the rate, amount and duration of loan
- "Auto-renew" is if you want the loan to be listed again once the loan is given back. It is actually not a useful feature as loan rates seldom stay at the same rate for long.
- Once you have set your loan parameters, you can click the "Offer loan" button and it will be displayed in the "Loan Offers" table.

4) Loan offers
- This is where all loans are being offered
- If you want your loans to be taken up fast, you would have to set a lower rate. Basically competing with each other to loan out the coins.

5) Loan demands
- This is where all loans are requested
- If you don't want to wait, you can just offer at the requested rate and it will straight away match
- Loan demand rates are usually much much lower then ongoing rates

6) My open loan offers
- You can see your open loans here i.e. loans that you have offered by not yet loan out

7) My active loans
- Here's where you can see the loans that are taken up
- If you see the first line, I have loaned out XRP at a rate of 0.0097% with an amount of 2221.2508. Duration is 2 days with auto-renew turned on. Up to that time, the interest is 0.00034912 XRP.

That's it! You are now ready to put up your loan!

Loan history/records
This is how you can see your loan history.

Under "Orders" tab, select "My trade history & Analysis".



This will bring you to the following page.



From here, you have two options (as indicated in the picture):
1) Download the excel file containing all your loan records
- easier to use this feature as you can sort out your loans and sum it up in excel

2) Show your "Loan earnings" at the table below
- not easy to see as you can't sort it out. I already have 29 pages of loan history!!!

Note : This is the place where you can see your trade history too.

Lastly, do remember that lending is not without risk but I think the risk is negligible. Again, if you lose your money, don't blame me!

Happy lending like the loan shark that you are!!!!

This post has been edited by kmarc: Mar 30 2017, 01:34 PM

Nope, they are quietly sitting in my hardware wallet doing nothing at the moment.
Just waiting for its time to come.

How did you buy your Ledger Nano S?
Directly from the official site, and have them do international shipping to your address?
Or is there someone in Malaysia selling it?

No worries, just let me know once you are done, and I'll copy it over to Post #1.
By the way, I'm just wondering if there is any limit to the length of any single post?
What happens if the 1st post becomes too long?

Why not lend a bit? Even 1 BTC can get USD 10 in a few days!

I think it can be longer but then it becomes difficult to read. Looks like my lending guide is going to be quite long. No problem, I will pm our moderator to add another post in front.