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 Bitcoin and other Cryptocurrencies v2

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blueblueoutofblue
post May 15 2017, 05:23 PM

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QUOTE(klthor @ May 15 2017, 04:12 PM)
as far as i know, even profit from trading in share market (bursa) is taxable in income tax if the 'badges of trade' condition are met. if you are trading btc and the badges of trade requirements are met, you deemed running a business.
as far as i know, there are quite a few. but mostly tech company like microsoft, dell, steam and maybe amazon.
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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

blueblueoutofblue
post May 15 2017, 11:19 PM

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I donno why LTC been rallying downwards past 24 hours.. dropping 16% of value...

I try look for announcement don't see any related to litecoins.

My margin play for LTC suffer 40% wideoff value 😂

This post has been edited by blueblueoutofblue: May 15 2017, 11:19 PM
blueblueoutofblue
post May 16 2017, 08:23 AM

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QUOTE(kmarc @ May 16 2017, 08:14 AM)
Morning guys!!!! XRP has unbelievably reached 10B market cap and is 1/3 the market cap of bitcoin! No I don't even dare nibble XRP now, just watching at the sides.

Unloaded my deep sea fish STEEM for 20% profit. Not bad for some side trading. Hope to get some more deep fishes. Haven't been buying BTC recently, just using my spare profits to trade at the sides.

Say, what are you guys buying or accumulating now? I'm out of ideas and have been mainly watching at the sides. sad.gif
Cryptos that prevents utilization of ASIC devices. These ASIC devices apparently gives an unfair advantage to users. Can google more for info.
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yeah, yesterday saw XRP big rally, i was surprise my XRP portfolio got 30% profit.. but i will left it there

How about GNT and DOGE?

blueblueoutofblue
post May 16 2017, 11:25 AM

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QUOTE(WooTz @ May 16 2017, 11:19 AM)
Okay..... two things will certainly going to happen by the end of this week, a massive bubble burst of ripple, or it overtakes Bitcoin.

It's very ludicrous but it's what I see now.
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If ripple bcome 0.40 then drop to 0.35, am going to sell it off XD

blueblueoutofblue
post May 16 2017, 02:56 PM

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QUOTE(shahrul09 @ May 16 2017, 02:43 PM)
Well im using this same kind of logic to ripple and stellar(xlm) but they stay quite long time up there.
All my principle of trading going to longkang now.
So messed up now.
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There is no 100% logic in investing lol 😂

Sometimes it's pure luck and courage whether you want to jump in to buy or sell

Like yesterday LTC drop from 31 to 26, am playing margin , so I lost like 40% face value ...

But I have to let it go, stop losing , and now it drop to 23...

Logic is that drop so much will go up right ? By looking at the candle stick .. the graph but all that logic masuk sampah

This post has been edited by blueblueoutofblue: May 16 2017, 02:58 PM
blueblueoutofblue
post May 16 2017, 05:53 PM

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QUOTE(shankar_dass93 @ May 16 2017, 05:36 PM)
Which platform are you using ?

I have been following POLO's exchange for the past few days and realised that the website lags a lot!

Many users who were trading on margin faced difficulties such as not being able to close their positions off and resulted in a huge loss

If I'm going to be trading, i would need a platform to be fully functional
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Been using PoLO

The days when LTC and BTC crashing down, it so happen the PoLO was lagging ... damn frustrating ...

If I use mobile still not so bad, but using browser... knn


blueblueoutofblue
post May 16 2017, 06:26 PM

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QUOTE(WooTz @ May 16 2017, 06:15 PM)
Head down to /r/ripple and have a read on the sentiment.

Nobody knows what the hell is going on. Only moon kids cheering for more unrealistic gains

That's a sign of a bubble.

Some even sold ETH to FOMO in, ugh dumb money...
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Make ETH become $70 again then I pump again muahahhaa..

ETH has potential to get $130-$140 by end of this year

QUOTE(shankar_dass93 @ May 16 2017, 06:20 PM)
Just be careful man. You wouldn't want to be trading and be cornered towards a side when you're not allowed to liquidate your positions.
Btw, where do you guys get fundamental news on Bitcoins in order to trade ? The net seems to be pretty outdated with all the movements of BTCs
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Yes , all the Info Google is outdated . It's weird, nothing is updated .

Try check the trollbox on PoLO but then, filter those troller lol

blueblueoutofblue
post May 17 2017, 08:03 AM

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Feel like there is a coordinate Attack by people on Litecoin and now, Etherium.

It seem starting today Etherium price will be going downwards for sometimes


blueblueoutofblue
post May 17 2017, 08:48 AM

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QUOTE(WooTz @ May 17 2017, 08:35 AM)
I personally think the ripple distraction is great for accumulation, yesterday my ETH holder rank moved another 100 positions down. more people are putting over $100k USD on it.

And the 100,000th accounts have only 3 ETH in it. Plenty of room to grow.

I really hope ripple can hit 50 cents soon, some people flipped it and enjoyed 3000% profits for more ETH.
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I kinda regret only invested a bit on Ripple

Mostly on LTC, XMR , GNT and ETH

ETH consist 50% of my current holding

blueblueoutofblue
post May 17 2017, 09:33 AM

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QUOTE(WooTz @ May 17 2017, 09:08 AM)
Actually, I think there's more steam from XRP, you could speculate a few days until their consensus 2017 demo.

Looks like everyone is onboard the ship.

I'll just watch at the side.
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XrP already breaking 0.40 just now ...

Hopefully after consensus will hit the roof become 1.00

blueblueoutofblue
post May 17 2017, 10:05 AM

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QUOTE(Davez89 @ May 17 2017, 10:02 AM)
Fml just bought some eth yesterday when it was 9x usd it's now 8x usd

Well I guess it means to buy more.
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Same here lol

But I already max out my Budget this month lol
It's not not a good feeling when you spend more than 3k on eth then suddenly the price dropping loL
blueblueoutofblue
post May 17 2017, 12:18 PM

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QUOTE(dD_se7en @ May 17 2017, 11:53 AM)
just realise Luno singapore bank account has been closed, is MAS not recommend their citizen to invest in cryto?

https://luno.statuspage.io/incidents/1yvdltrnkd7d
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they have their own cryto , coinhako.com
which is very convenient, need xfer.com to transfer but xfer link directly with coinhako.

normally it take less than 5minutes for the fund show in coinhako tongue.gif
blueblueoutofblue
post May 17 2017, 12:40 PM

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i sell off my BTC and LTC, everything pour into XRP when the price at 0.38...
now the price at 0.41 @_@

feel good mang~
blueblueoutofblue
post May 17 2017, 12:50 PM

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QUOTE(dD_se7en @ May 17 2017, 12:42 PM)
Ya, coinbase is also supported from xfers.io, the porblem is xfers take quite some times to process
What happened to cause the ripple to boom?
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how come xfer took sometimes? are you using singapore account or bank transfer? which took like 1-3 days?

mine always less than 10minutes cool2.gif


Ripple currently boom might related to coming consensus 2017..

and also chain effect : Japan consortium move towards it's phase using Ripple as payment

then korean consortium

and then australia goverment are in mist of discussion of regarding using Ripple

my First buy on Ripple when it was 0.21, above 1 week ago... ( one guy here invested USD5000 on 0.05... technically this guy will be damn rich lol )


This post has been edited by blueblueoutofblue: May 17 2017, 12:51 PM
blueblueoutofblue
post May 17 2017, 01:00 PM

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interesting link regards to Ripple

Ripple Consensus 2017

blueblueoutofblue
post May 17 2017, 01:08 PM

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QUOTE(dD_se7en @ May 17 2017, 01:06 PM)
using bank transfer to topup wallet, which method did u use?
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u r using bank transfer as in 1-3 workings day type?

Did you make fast transfer in your Internet banking ?


blueblueoutofblue
post May 17 2017, 03:12 PM

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QUOTE(wiisg @ May 17 2017, 03:03 PM)
BTC price surge like crazeeeeeeeeee
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pass 1800 mark..

so i sell my GNT to get some piece of BTC tongue.gif
blueblueoutofblue
post May 17 2017, 05:05 PM

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QUOTE(Steven7 @ May 17 2017, 04:55 PM)
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.
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yeah coinhako a bit paranoid to make sure u r not terrorist..

but i done that tongue.gif

selfie with me holding nric.. lol

blueblueoutofblue
post May 17 2017, 05:24 PM

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QUOTE(Steven7 @ May 17 2017, 05:11 PM)
Yeah I am not comfortable with their verification, any other platform you would recommend a first-time buyer like me? I have bank accounts in both MY and SG
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most of folks here using xbit asia and luno
blueblueoutofblue
post May 17 2017, 05:28 PM

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QUOTE(jack2 @ May 17 2017, 05:26 PM)
Siacoin..。haha
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before u purchase siacoin,

make sure u listen to Sia song first cool2.gif

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