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 Bitcoin and other Cryptocurrencies v2

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WooTz
post Jun 11 2017, 03:27 PM


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QUOTE(kmarc @ Jun 11 2017, 03:16 PM)
Good catch!  thumbup.gif I would have gone deep sea fishing this morning if not for the unusual red sea due to ETH. Didn't know what to expect so I just stayed at the side.
I guess a lot of us don't do mining.

A forumer actually suggested a separate thread for mining.......

What do you guys think, should there be a thread for mining? If so, I don't think it should be in finance section....  hmm.gif
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they should be separated, and seeing speed to ROI, cheap parts and electricity being key factors, hardware forums should be a suitable place.
WooTz
post Jun 11 2017, 03:36 PM


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QUOTE(raynman @ Jun 11 2017, 03:32 PM)
Not entirely true.

We don't need to deal with mining hardware at all if we opt for cloud mining.
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tell that to my missing 0.8 BTC from cloud mining last year, and a sizable chunk of bnktothefuture cloud mining portfolio effectively went unprofitable for months in 2017.

it's either buy and hold crypto or build own rigs, don't let genesis mining borrow your funds for cheap.
WooTz
post Jun 11 2017, 03:41 PM


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QUOTE(dc_talkz @ Jun 11 2017, 03:39 PM)
Bro, I'm talking about Cloud Mining. You don't need any hardware. Google Genesis mining. Let me know if you're interested I'm trying to gather a small group where we can each exchange referrals for bonus mining power.
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Bitcoin capital 3 portfolio in bnktothefuture

"Bitcoin Mining US$390,000 Hash power:1 Status: Not Profitable"

that's US$390,000 vaporized since january 2016, better wake up that idea of cloud mining before it's too late
WooTz
post Jun 11 2017, 03:45 PM


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QUOTE(dc_talkz @ Jun 11 2017, 03:42 PM)
You think so? I'm just reading into this and it looks promising. The maths seem to check out too. But since you're a senior in crypto, I'd hold your opinions quite highly. Do you mind to elaborate the detriments of Genesis mining a little bit more? I've made quite a bit from the day trading activities, but I'd like to also invest a little on passive income. Any suggestions? thanks
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from personal experience, cloud mining only help the founders by passing cost to buyers.

the only proven asset growth and returns are equities and crypto, no contest.


WooTz
post Jun 11 2017, 03:48 PM


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QUOTE(comfyguy8 @ Jun 11 2017, 03:46 PM)
anyone?
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default 21000 gas limit is sufficient.

20Gwei gas price also higher than 46% of miners accepting 4Gwei.

it's polo being sluggish, be patient.

tweak gas price at bottom right corner of MEW

This post has been edited by WooTz: Jun 11 2017, 03:49 PM
WooTz
post Jun 11 2017, 04:22 PM


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QUOTE(Life_House @ Jun 11 2017, 04:16 PM)
Hi all,

I need some local bitcoin service providers that can allow deposit in RM and transfer thru Malaysia bank account, then into bitcoin wallet.

What are u guys experience with below bitcoin service providers ?

~ BlockChains.my
~ Luno
~ Localbitcoins.com
~ Remitano
Which other providers are of the truly Reliable Malaysia bitcoin service providers, with good support, Fast processing of deposit in RM, and relatively Low charges in Sending to overseas?
Thanks in advance.
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overseas? which country?
WooTz
post Jun 11 2017, 04:36 PM


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QUOTE(kmarc @ Jun 11 2017, 04:32 PM)
I'm not comfortable with cloud mining. I prefer to mine myself wink.gif
Yeah, sounds like a good idea.
Nice nice.  thumbup.gif
WooTz, from ETH trend, we might see it at 400 next week..... rclxm9.gif
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lol $5.9 billion 24hr volume on a weekend, now I've seen everything. ETH now has 2.8 million addresses and comparable daily transactions to bitcoin, the writing is on the wall folks.

going to standby some low buy order in case this pops.
WooTz
post Jun 11 2017, 04:47 PM


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QUOTE(kmarc @ Jun 11 2017, 04:40 PM)
Any recent news for such volume? It crashed through USD 300 midnight last night. Now already USD 344. Incredible!

Anyway, I'm just enjoying the ride. Not buying anymore. My aim still stands. One ETH at USD 1000!!  rclxub.gif
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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
WooTz
post Jun 11 2017, 04:51 PM


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QUOTE(jack2 @ Jun 11 2017, 04:49 PM)
Mining is still profitable meh??
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Δ Buterin Equilibrium 0.0465 ETH/BTC (161.04%)
Köppelmann constant adjusted for dynamic fees and ice age according to suggestion by V. Buterin, therefore we call it the Buterin Equilibrium, currently at 0.0762 ETH/BTC.

you say leh tongue.gif

61.04% more profitable than Bitcoin miners.
WooTz
post Jun 11 2017, 04:57 PM


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QUOTE(AllnGap @ Jun 11 2017, 04:55 PM)
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
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got lobang for GPUs? really drained nationwide? I'm open to 1060/1070/1080 TI too
WooTz
post Jun 11 2017, 05:08 PM


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QUOTE(AllnGap @ Jun 11 2017, 05:06 PM)
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.
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mostly altruism, not for riches but to support ETH all the way till PoS.

where you can get the best deals for parts?
WooTz
post Jun 11 2017, 06:32 PM


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QUOTE(TheReaderReads @ Jun 11 2017, 06:16 PM)
ok thx

btw, how fast it usually is to transfer ETH from coinhako to MEW?

bcuz it isnt appearing in my MEW yet since 15mins ago
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MEW is an interface to manage your ethereum addresses

you mean your wallet right? what's etherscan saying? no entry at all?

for coinbase it's instant, 1 minute the latest
WooTz
post Jun 11 2017, 09:26 PM


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QUOTE(shahrul09 @ Jun 11 2017, 07:09 PM)
You know how to calculate gas price?

to know how much in eth or $ that gas would cost
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take 21000 gas limit for basic value transfer without any contract function.

say you're willing to pay 21Gwei to miners to include your transaction quicker

21000 x 0.000000021 = 0.000441 ETH in fees ($0.15) and gets confirmed within 40 secs.

if you're cheapskate, you can pay 4Gwei instead

21000 x 0.000000004 = 0.000084 ETH in fees ($0.028) and gets confirmed within 2~3 minutes

This post has been edited by WooTz: Jun 11 2017, 09:33 PM
WooTz
post Jun 11 2017, 09:51 PM


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Bancor will commence their sale at 10pm tomorrow

https://bancor.network/fundraiser

https://etherscan.io/address/0xBbc79794599b...4004087cBf89710

already got idiots wasting fees bangwall.gif

Edit: TenX webinar mentioned the physical debit card will be ready for orders after next week, 19th June onwards.

ICO will be on the 24th June 9pm Malaysian time

Team got harassed by whales wanting to buy 500,000 ETH worth of tokens rclxub.gif

This post has been edited by WooTz: Jun 11 2017, 10:03 PM
WooTz
post Jun 11 2017, 10:23 PM


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QUOTE(luotang @ Jun 11 2017, 10:18 PM)
so you mean those send ETH to the address now the ETH will be gone? I click inside it shows bad instruction with red colour, the ETH will not be return back to the sender?
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the contract will only begin processing funds after the starting date, the ETH gets rejected and the fee gets spent.

This post has been edited by WooTz: Jun 11 2017, 10:27 PM
WooTz
post Jun 11 2017, 10:40 PM


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amazing revelation by TenX team, they actually work closely with MAS (Singapore Central Bank)

how much more legit can they get?

also there's a pre-sale starting tomorrow, cap of 100,000 ETH, minimum 125 ETH to participate

email julian@tenx.tech to be added into the waiting list, in case some FFK.

meaning 100,000 ETH left for ICO peeps.

Fun video, show this to doubters that claimed crypto can't be spent as money




This post has been edited by WooTz: Jun 11 2017, 10:50 PM
WooTz
post Jun 11 2017, 11:03 PM


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QUOTE(CoinZin @ Jun 11 2017, 10:53 PM)
125ETH min.. what they smoking?
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0.5% rewards for token holders, 0.1% cashback for card holders

QUOTE
The token holders will receive 0.5% of the whole payment volume that is spent through the
TenX debit card. The payments to the token holders will be paid in ETH (Ether), or the closest
equivalent thereof in case of ETH being replaced by another asset in the future.



pre-sale fully subscribed for good reason.

this IS a killer app after all

wait till you read about their founder edition cards, you'll need 1250 ETH in contributions!


WooTz
post Jun 11 2017, 11:06 PM


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QUOTE(wengherng @ Jun 11 2017, 11:04 PM)
125 ETH minimum......that's pretty steep.
Not accessible for the average Joe.
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I'm in the waiting list biggrin.gif

*crosses fingers*
WooTz
post Jun 12 2017, 07:19 AM


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Listen to this man, OG miner/hodler during the very first days of Ethereum.



Interesting address to stalk as well, if this is truly polychain's address, it's worth copying some of their trades. They are a crypto-only hedge fund.

https://etherscan.io/address/0xe4abc54f5a62...42a151fc4911da6

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