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 Bitcoin and other Cryptocurrencies v2

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TheReaderReads
post Jun 6 2017, 11:02 AM

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QUOTE(WooTz @ Jun 6 2017, 10:53 AM)
Don't bother with cloud mining, I haven't forgot my 0.8 BTC that got vaporized in it last January.

You know why mining is so hot now? You're literally sticking together some computer parts, turn on the switch and it prints out crypto money 24/7, if you do it right, you can ROI from parts within 4 months. Even faster if the price growth is sustained, which it will.

Who doesn't want free computer parts and free utilities?

I still recommend buying and holding ETH for at least a year.
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I think better to discuss here.

Hi thx for the guidance

If I dun do cloud mining, then where should I get started to buy?

any previous post which showed guidance? sorry, me in ofis now. can't really go through this slowly as I just saw that forum post in /k today
TheReaderReads
post Jun 6 2017, 11:48 AM

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QUOTE(WooTz @ Jun 6 2017, 11:11 AM)
Subscribe to this channel, they've been doing crypto mining since 2013.

Here's a recent one, I'm going to build one with Vega cards


Join their frequent livestream and ask away.
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thx thx

will look into them when at home
TheReaderReads
post Jun 6 2017, 01:52 PM

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guys! any difference with Coinbase vs Luno?

i want start buying ETH and BTC
TheReaderReads
post Jun 6 2017, 02:28 PM

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QUOTE(lyrilmaki @ Jun 6 2017, 02:21 PM)
I just registered CoinBase, nationality with Malaysia.

It says Malaysia does not support Buy/Sell.

How do you guys managed to Buy & Sell with CoinBase with Malaysia account.
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I am facing that with LUNO

Singapore cannot Buy/Sell, but Malaysia OK
TheReaderReads
post Jun 6 2017, 03:18 PM

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ayam so jelly right now!!!
TheReaderReads
post Jun 6 2017, 03:49 PM

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QUOTE(wengherng @ Jun 6 2017, 03:46 PM)
Hehe, true also.
But life is too short to be slaving myself away in a cubicle.
I would like to travel the world more.
I still have a few places on my bucket list that I want to visit.
Sorry, what is /k?
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visit iceland, bhutan and machu picchu thumbsup.gif
TheReaderReads
post Jun 6 2017, 04:21 PM

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QUOTE(WooTz @ Jun 6 2017, 04:18 PM)
Because I wanted to spread the word and let them research themselves.

I still remember posting there regularly when BTC at $400-450 and nobody gave a damn lol

Then again with ETH at $7.50 when Jaxx wallet first came out. A few responded but ultimately didn't pursue further.

Sighs, how I wish I could load up more back then.
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I am really looking to try genesis mining for 50MH/s @ 1450USD for ETH

and maybe go buy ETH in LUNO once verified

what is the ROI for genesis mining at 50MH/s? laugh.gif

TheReaderReads
post Jun 6 2017, 04:27 PM

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QUOTE(WooTz @ Jun 6 2017, 04:24 PM)
Put all in ETH better, avoid genesis mining and cloud mining in general
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so basically once my LUNO is verified, I go straight to buy ETH currency?

that is all? can I buy ETH and let it do the mining? or just buy ETH and wait for it to appreciate?

ayam total noob but my brain is filled with greed now LOL
TheReaderReads
post Jun 6 2017, 04:48 PM

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QUOTE(WooTz @ Jun 6 2017, 04:37 PM)
Just buy and keep that ETH safe and sound, preferably a hardware wallet, there'll be some "mining" to be done with your ETH early next year.

We call it Proof of Stake, or Casper.

You send your ETH to a staking pool and it'll generate a tiny return for you each year, provided you and the pool don't behave maliciously. 

Fixed deposit without needing the bank itself.
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OK noted

so I buy via LUNO and send that ETH funds to Coinhako (hardware wallet?). Is this the correct method?

leave the ETH at the staking pool inside coinhako to collect interest

correct?
TheReaderReads
post Jun 6 2017, 05:01 PM

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QUOTE(WooTz @ Jun 6 2017, 04:53 PM)
No, hardware wallets have specialized chips to prevent tampering and private keys being exposed, they're Ledger Nano S, Trezor and Keepkey wallets.

Luno and Coinhako offers trading and online wallet, but it's always a good idea to retain control of your funds at all times.

Staking pool is currently under development alongside with Casper, once we moved into Metropolis without a hitch, the dev will commit 110% into debugging the Casper contract and its daemon.
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ok got it thx

looking to get 10 ETH coins

any other good crytocurrency to go to?

MONERO? those cheap currency coin that will have its bull run
TheReaderReads
post Jun 6 2017, 05:55 PM

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Looking to buy cheap cryptocurrency in a big bulk

Factom (FCT) good buy eh? The gain looks good

With hungry ppl like me planning to join the bandwagon, the bull may be for awhile

This post has been edited by TheReaderReads: Jun 6 2017, 05:55 PM
TheReaderReads
post Jun 6 2017, 06:10 PM

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QUOTE(sirxl @ Jun 6 2017, 06:05 PM)
welcome onboard the blockchain train.
it's gonna be a wild ride in Q3 and Q4 2017.
enjoy the ride.
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Hope there is a long bull run with big hungry investors looking to have a pie of it especially from tongsan n Indonesia

QUOTE(kmarc @ Jun 6 2017, 06:07 PM)
Not recommending it now. Not sure why it is increasing. No time to check. wink.gif
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Don't forget to return which best alt coin that is cheap to buy in bulk now

Is ETH considered alt coin?
TheReaderReads
post Jun 6 2017, 07:16 PM

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QUOTE(roy_zu @ Jun 6 2017, 06:40 PM)
No point to shop at Polo now. Even though the coins are RED, it's solely due to the fact BTC on ATH. Altcoins are still almost same price. Once BTC corrected itself, other coins will go up.

Waiting for the real crash within next few days.
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Care to advice?

As ayam gonna start buying some coins

Should I wait? What alt to lookup for?

ETH?

TheReaderReads
post Jun 6 2017, 07:26 PM

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QUOTE(zamans98 @ Jun 6 2017, 07:14 PM)
Cloud mining is crap. It's better u buy 3 GTX1060 1060 and mine yourself.
Plus in genesis, u need to pay for utilities /power.
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Yea notice that

All those power n watts from the mining calculator
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post Jun 6 2017, 07:28 PM

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QUOTE(zamans98 @ Jun 6 2017, 07:17 PM)
U want BTC cross or USDt quote in Polo?
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Wow

Totally new to this cryptocurrency thingy

I don't know those jargons u presented there

Care to share and also recommend as I am open to any suggestions n advice
TheReaderReads
post Jun 6 2017, 07:47 PM

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QUOTE(roy_zu @ Jun 6 2017, 07:35 PM)
Now BTC at ATH. Its still good time to go in but if the correction happens, u might blame urself. Lets see how market react in next couple of days.

ETH definately the ultimate long term investment coin for me
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Meaning that ETH may be the leading cryptocurrency taking over BTC? Any chances?

I am looking to go long term though for at least a year

Actually now planning to invest either bonds or share

Then I came across this BTC on kopitiam today
TheReaderReads
post Jun 6 2017, 08:27 PM

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QUOTE(KyleBear @ Jun 6 2017, 08:11 PM)
Its better u take a step back and educate yourself on the technology as a whole before rushing to buy coins that you might regret later. 50% corrections is not uncommon in this field, and BTC is at an ATH. Don't get FOMOed
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With such a big spike, just get ready for correction to happen then go buy eh
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post Jun 6 2017, 08:36 PM

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QUOTE(shahrul09 @ Jun 6 2017, 08:27 PM)
Yeah keep reading first. But if you going for long term, ETH really a good choice thou.
Just read about one alt coin at a time , start with eth first. Dont panic, and dont fomo(fear of missing out)
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Hmm thx for the advice

Noted n very enlightened

ETH is the focus now
TheReaderReads
post Jun 6 2017, 11:29 PM

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QUOTE(Ash1988 @ Jun 6 2017, 10:55 PM)
Correction is on the way
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QUOTE(raynman @ Jun 6 2017, 10:57 PM)
Yup.

I noticed that too.
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Hi Sifu (both of u)

I can't see the correction is incoming

Please do update here when it is ripe to dive in.

Thx

This post has been edited by TheReaderReads: Jun 6 2017, 11:49 PM
TheReaderReads
post Jun 7 2017, 12:48 AM

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QUOTE(roy_zu @ Jun 6 2017, 11:58 PM)
You are refer to this. I'm keep refreshing. Hehe.. But I think the bottom hit should be tomorrow only

https://coinmarketcap.com/all/views/all/
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what do u think of stratis?

I am looking to buy a cheap coin with bulk

altho ethereum may still be cheap compare to bitcoin, but i can only buy 10 at most with that price

hoping there will be another ether discount

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