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 Bitcoin and other Cryptocurrencies v2

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kmarc
post Apr 13 2017, 10:39 AM

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QUOTE(sirxl @ Apr 13 2017, 07:20 AM)
History lesson for the newbies, don't keep all your coins on exchanges.

http://www.coindesk.com/poloniex-loses-12-...-exchange-hack/
*
QUOTE(wengherng @ Apr 13 2017, 10:16 AM)
Yes, definitely.
All cryptocurrency intended for long term investment must be kept in hardware wallets, end of story.
Leave only what you need to trade in the near future on the exchanges.

That said, though, I think most of the smaller altcoins are not supported by any hardware wallets.
Limited options there.
*
Ya, definitely hardware wallet. I'm even thinking of getting another wallet i.e ledger nano S because it supports stratis and ripple (in the future) which Trezor doesn't. Anybody interested? biggrin.gif

But that's my problem, I have so many types of coins that's sitting on the exchange doing nothing but hardware wallets don't support. Granted there are paper wallets and what not but I'm not comfortable with them.

I just hope that Trezor eventually supports some more coins but when googled, it seems they are concentrating on Trezor 2 first, before going for altcoins.

QUOTE(WooTz @ Apr 13 2017, 10:19 AM)
Wow, green across the board.

Exciting to watch.
*
Indeed. Exciting times. I really can't wait to see what the future holds but from current observations, it looks like it will be good!!!!

This post has been edited by kmarc: Apr 13 2017, 10:40 AM
TSwengherng
post Apr 13 2017, 10:58 AM

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QUOTE(WooTz @ Apr 13 2017, 10:19 AM)
Wow, green across the board.

Exciting to watch.
*
What's with the sudden green candle on ETH?
Quite a pleasant surprise this morning.

QUOTE(kmarc @ Apr 13 2017, 10:39 AM)
Ya, definitely hardware wallet. I'm even thinking of getting another wallet i.e ledger nano S because it supports stratis and ripple (in the future) which Trezor doesn't. Anybody interested? biggrin.gif

But that's my problem, I have so many types of coins that's sitting on the exchange doing nothing but hardware wallets don't support. Granted there are paper wallets and what not but I'm not comfortable with them.

I just hope that Trezor eventually supports some more coins but when googled, it seems they are concentrating on Trezor 2 first, before going for altcoins.
Indeed. Exciting times. I really can't wait to see what the future holds but from current observations, it looks like it will be good!!!!
*
Do you know exactly which altcoins are supported by Ledger Nano S?
I tried looking for a complete list of supported coins, but not even their official website seems to show this.

kmarc
post Apr 13 2017, 11:06 AM

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QUOTE(wengherng @ Apr 13 2017, 10:58 AM)
What's with the sudden green candle on ETH?
Quite a pleasant surprise this morning.
Do you know exactly which altcoins are supported by Ledger Nano S?
I tried looking for a complete list of supported coins, but not even their official website seems to show this.
*
Got leh, I listed it in our guide in the front page. Your first post tongue.gif. Ledger developer confirms they will support ripple soon. Got this from XRPchat.

This post has been edited by kmarc: Apr 13 2017, 11:07 AM
TSwengherng
post Apr 13 2017, 11:35 AM

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QUOTE(kmarc @ Apr 13 2017, 11:06 AM)
Got leh, I listed it in our guide in the front page. Your first post tongue.gif. Ledger developer confirms they will support ripple soon. Got this from XRPchat.
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Ah......stupid me...... tongue.gif
But then again, how did you get this info?
When I checked the Ledger official site, it just says "bitcoin, litecoin, ethereum and altcoins" and didn't actually give a full list of those "altcoins".
If this is true, though, then it means you have more than 20 types of coins sitting on the Poloniex exchange...... scary.
I don't have that many of course, but still I feel quite insecure already.

WooTz
post Apr 13 2017, 11:45 AM


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QUOTE(wengherng @ Apr 13 2017, 10:58 AM)
What's with the sudden green candle on ETH?
Quite a pleasant surprise this morning
*
Could be technicals doing its thing, could be people buying the rumors now. Hell, it could be that stupid rumor about a time traveler mentioning 14th April 8:30pm price spike.

Regardless, I hate 11% jumps just as I'm about to buy in soon.
kmarc
post Apr 13 2017, 11:45 AM

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QUOTE(wengherng @ Apr 13 2017, 11:35 AM)
Ah......stupid me......  tongue.gif
But then again, how did you get this info?
When I checked the Ledger official site, it just says "bitcoin, litecoin, ethereum and altcoins" and didn't actually give a full list of those "altcoins".
If this is true, though, then it means you have more than 20 types of coins sitting on the Poloniex exchange...... scary.
I don't have that many of course, but still I feel quite insecure already.
*
IIRC, I got the info from their website. Will look for it again after work.

More than 30..... sweat.gif I have transferred out all my ETH as that's my main holding. I think I better transfer out my LTC too but I only have 100 LTC only. Now lending out but rates getting worse.
soonming
post Apr 13 2017, 12:39 PM

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QUOTE(kmarc @ Apr 13 2017, 10:39 AM)
Ya, definitely hardware wallet. I'm even thinking of getting another wallet i.e ledger nano S because it supports stratis and ripple (in the future) which Trezor doesn't. Anybody interested? biggrin.gif

But that's my problem, I have so many types of coins that's sitting on the exchange doing nothing but hardware wallets don't support. Granted there are paper wallets and what not but I'm not comfortable with them.

I just hope that Trezor eventually supports some more coins but when googled, it seems they are concentrating on Trezor 2 first, before going for altcoins.
Indeed. Exciting times. I really can't wait to see what the future holds but from current observations, it looks like it will be good!!!!
*
Can do group buy la. Cut cost. I don't have much but I also feel vulnerable.

TSwengherng
post Apr 13 2017, 12:56 PM

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QUOTE(kmarc @ Apr 13 2017, 11:45 AM)
IIRC, I got the info from their website. Will look for it again after work.

More than 30..... sweat.gif I have transferred out all my ETH as that's my main holding. I think I better transfer out my LTC too but I only have 100 LTC only. Now lending out but rates getting worse.
*
"Only" 100 LTC......that's nearly 1 BTC worth already, i.e. more than RM 5400.
And that's only ONE of your 30 types of coins...... blink.gif
You are rich man...... notworthy.gif

This post has been edited by wengherng: Apr 13 2017, 12:57 PM
kmarc
post Apr 13 2017, 01:35 PM

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QUOTE(soonming @ Apr 13 2017, 12:39 PM)
Can do group buy la. Cut cost. I don't have much but I also feel vulnerable.
*
You wanna get it?

QUOTE(wengherng @ Apr 13 2017, 12:56 PM)
"Only" 100 LTC......that's nearly 1 BTC worth already, i.e. more than RM 5400.
And that's only ONE of your 30 types of coins......Β  blink.gif
You are rich man......Β  notworthy.gif
*
Bought it when it was USD 3.9 ler i.e USD 390 total tongue.gif

That was the time I decided to convert my bitcoins to altcoins. Most of my minor altcoins not so much in value wink.gif
Mostly 0.1-0.2 BTC. LTC I was lucky because I had thought I should buy 100 coins since it is such a nice figure biggrin.gif

This post has been edited by kmarc: Apr 13 2017, 01:40 PM
TSwengherng
post Apr 13 2017, 01:43 PM

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QUOTE(kmarc @ Apr 13 2017, 01:35 PM)
You wanna get it?
Bought it when it was USD 3.9 ler i.e USD 390 total tongue.gif

That was the time I decided to convert my bitcoins to altcoins. Most of my minor altcoins not so much in value wink.gif
Mostly 0.1-0.2 BTC. LTC I was lucky because I had thought I should buy 100 coins since it is such a nice figure biggrin.gif
*
300% profit......not bad for a couple of weeks!
I'm wallowing in regret...... cry.gif

kmarc
post Apr 13 2017, 01:48 PM

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QUOTE(wengherng @ Apr 13 2017, 01:43 PM)
300% profit......not bad for a couple of weeks!
I'm wallowing in regret......  cry.gif
*
Yeah, some 400-500% so I buy in on the rise. I guess I was lucky because that was the time bitcoin didn't do well and altcoins got more attention.

Anyway, as mentioned by you, I still think we are in the infancy of cryptocurrencies. Our investment should grow although some coins may fall flat. smile.gif
max_cavalera
post Apr 13 2017, 02:02 PM

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Managed to gain 25% in Clam as it suddenly shoot up just now and filled up my sell order biggrin.gif

The proceed to btc. Waiting for btc next rally and picked up some red red alt coin for its next recovery biggrin.gif
max_cavalera
post Apr 13 2017, 02:03 PM

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QUOTE(kmarc @ Apr 13 2017, 02:35 PM)
You wanna get it?
Bought it when it was USD 3.9 ler i.e USD 390 total tongue.gif

That was the time I decided to convert my bitcoins to altcoins. Most of my minor altcoins not so much in value wink.gif
Mostly 0.1-0.2 BTC. LTC I was lucky because I had thought I should buy 100 coins since it is such a nice figure biggrin.gif
*
Wow lucky u brotha! 😱

So cheap litecoin.....back when no one bats an eye on litecoin 😸
max_cavalera
post Apr 13 2017, 02:06 PM

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QUOTE(kmarc @ Apr 13 2017, 02:48 PM)
Yeah, some 400-500% so I buy in on the rise. I guess I was lucky because that was the time bitcoin didn't do well and altcoins got more attention.

Anyway, as mentioned by you, I still think we are in the infancy of cryptocurrencies. Our investment should grow although some coins may fall flat. smile.gif
*
Yup. Now i just play hedging.

10-15% in btc and all others on few different alt coin.

Like money changer. But i que sell all the alt coin once it reach 20-25% appreciation. πŸ˜ΈπŸ‘πŸ»
kmarc
post Apr 13 2017, 02:27 PM

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QUOTE(max_cavalera @ Apr 13 2017, 02:03 PM)
Wow lucky u brotha! 😱

So cheap litecoin.....back when no one bats an eye on litecoin 😸
*
QUOTE(max_cavalera @ Apr 13 2017, 02:06 PM)
Yup. Now i just play hedging.

10-15% in btc and all others on few different alt coin.

Like money changer. But i que sell all the alt coin once it reach 20-25% appreciation. πŸ˜ΈπŸ‘πŸ»
*
Yeah, lucky. I almost sold off LTC because it was static and I thought it was a dead coin but decided not too because my plan was to HODL. So far, I only sold shadow coin because of bad news and dogecoin because I thought it couldn't go up and I needed the money to buy other altcoins.

Why 20-25%? For crytocurrencies, that's nothing! Aim for 50-100%? smile.gif

This post has been edited by kmarc: Apr 13 2017, 02:28 PM
TSwengherng
post Apr 13 2017, 06:07 PM

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QUOTE(max_cavalera @ Apr 13 2017, 02:06 PM)
Yup. Now i just play hedging.

10-15% in btc and all others on few different alt coin.

Like money changer. But i que sell all the alt coin once it reach 20-25% appreciation. πŸ˜ΈπŸ‘πŸ»
*
QUOTE(kmarc @ Apr 13 2017, 02:27 PM)
Yeah, lucky. I almost sold off LTC because it was static and I thought it was a dead coin but decided not too because my plan was to HODL. So far, I only sold shadow coin because of bad news and dogecoin because I thought it couldn't go up and I needed the money to buy other altcoins.

Why 20-25%? For crytocurrencies, that's nothing! Aim for 50-100%? smile.gif
*
Hodling and trading are totally different investing strategies, each with its own merits.
Trading can lock in instant profits and give you the cashflow to continuous trade.
It's a numbers game......whether you are comfortable with guaranteed smaller profits many times (but might miss out on bull runs), or a potentially (but unconfirmed) larger profit over a longer period.
Personally, I hold some for long term, but I also trade some for the short term.

kmarc
post Apr 13 2017, 06:45 PM

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QUOTE(wengherng @ Apr 13 2017, 06:07 PM)
Hodling and trading are totally different investing strategies, each with its own merits.
Trading can lock in instant profits and give you the cashflow to continuous trade.
It's a numbers game......whether you are comfortable with guaranteed smaller profits many times (but might miss out on bull runs), or a potentially (but unconfirmed) larger profit over a longer period.
Personally, I hold some for long term, but I also trade some for the short term.
*
True true. I only trade with Dash at the moment.

Here's the link : http://support.ledgerwallet.com/knowledge_...-s-and-the-blue

I didn't even realize that Myetherwallet supports ledger that can be used for other coins! My previous search only turned up the native support. Wait, it supports tokens... are those the same? hmm.gif

Can you kindly put the link in the guide? Thx.

Say, what hardware wallet are you using again?

This post has been edited by kmarc: Apr 13 2017, 07:22 PM
jack2
post Apr 13 2017, 08:14 PM

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guys,

Which platforms offer the cheapest fees to buy or sell Bitcoin and with free hassle?
soonming
post Apr 13 2017, 08:32 PM

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QUOTE(sirxl @ Apr 13 2017, 07:20 AM)
History lesson for the newbies, don't keep all your coins on exchanges.

http://www.coindesk.com/poloniex-loses-12-...-exchange-hack/
*
Thanks for this. Really puts things into perspective as I feel getting hardware wallet will be a priority.mjust that its availability is a limiting factor
sirxl
post Apr 13 2017, 09:32 PM

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QUOTE(jack2 @ Apr 13 2017, 08:14 PM)
guys,

Which platforms offer the cheapest fees to buy or sell Bitcoin and with free hassle?
*
for malaysia use luno, see below

add the code 8NBYU before you start trading. #luno Sign up for Luno and get MYR 5.00 worth of Bitcoin when you buy or sell BTC 0.10, using code: 8NBYU

Sign up now at www.luno.com


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