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 Bitcoin and other Cryptocurrencies v2

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max_cavalera
post Mar 12 2017, 01:24 AM

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QUOTE(wengherng @ Mar 12 2017, 01:11 AM)
As I mentioned before, in the weeks leading up to the SEC decision, the BTC prices have been greatly volatile, and as the vast majority of the community had already expected a rejection from SEC for the ETF, the prices of BTC had already factored that in......which means that it is unlikely that the prices will drop so drastically to USD 850 - 900.
I had to consciously stop myself from jumping on the bandwagon and buying Dash......I envy the people making quick bucks due to the crazy hikes recently, but I just could not see the real reason behind the hikes, and had no confidence in the sustainability.
As I am more of the paranoid type of investor, I think I will just stick to BTC and ETH.
I wouldn't be able to handle the heart attacks.
mega_shok.gif
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may i know u guys use which exchange? is poloniex legit and safe? please recommend me a good one
max_cavalera
post Mar 12 2017, 02:03 PM

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QUOTE(kmarc @ Mar 12 2017, 09:45 AM)
Haiyaaa.. how come you didn't tell me. Or maybe you did.....  blush.gif

I now have BTC, DASH, ETH, XMR, XRP, XEM, ARDR, DCR, FCT, LTC, Maid, NXT and PASC,. Crazy right? No choice. Craziness + man-made craziness = two wrongs make a right.  biggrin.gif I only have little value of the minor coins, which can be bought for like 0.2 BTC for 5000 coins.  sweat.gif Hey, can even buy USD, in the form of tether USD, to hedge again MYR.

As mentioned previously, in my humblest opinion, I feel that this is the opportunity of a lifetime, something that we average people won't ever get. Either it goes to the moon or crash and burn, I'm going all the way. The ease of acquiring the coins, the inherently HUGE potential of upside (and downside) of this craziness and the borderless nature of cryptocurrencies (that enable us to use any exchange in the world), is an opportunity we will never get in our average life. Of course, for those reading my crazy post for the first time, do note that I'm only targeting about 10% of my total investments and not putting everything into this craziness. I'm still a paranoid safe investor.....ermmm... ok ok 90% safe and 10% crazy. laugh.gif

The only thing holding me back is my hardware wallet. Will wait for that before I get more.
I use poloniex. As with all exchanges, the general view is that there is always risk of hackers. It is good to keep some of your coins in a safe place like hardware wallet, paper wallet or offline.

Here's all the exchanges available : https://www.cryptocompare.com/coins/btc/markets/USD

Some examples of theft :
http://www.reuters.com/article/us-bitfinex...g-idUSKCN10E0KP
http://www.thedailybeast.com/articles/2016...-of-mt-gox.html
ETH achieved a new high!  thumbup.gif
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How to get started bro? I already open account with poloniex but dunno how to deposit USD into that account?

max_cavalera
post Mar 31 2017, 09:28 AM

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XRP massive rally smile.gif
max_cavalera
post Mar 31 2017, 10:13 AM

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QUOTE(kmarc @ Mar 31 2017, 10:53 AM)
Yeah, with active development, I'm not worried. Hope they are successful in the long run.
Yup, as always, regret didn't by more. smile.gif

You have some? What other coins do you have?

Anyway, altcoins trends back to the usual trend, more green than red and higher percentage gain then lost.
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Just started buying xrp. Not much around 100+USD 2 days back...

Got around 10750++ xrp coin.

Thats all i have ohmy.gif
max_cavalera
post Mar 31 2017, 03:18 PM

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QUOTE(shahrul09 @ Mar 31 2017, 04:14 PM)
Hmm. Will XRP get 1 cent by monday.
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Huh...sudah 2.3cents bro....

Ayam investment gain like almost 140% in 2 days
max_cavalera
post Mar 31 2017, 03:27 PM

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QUOTE(WooTz @ Mar 31 2017, 04:24 PM)
Congratulations to XRP holders, 100% in a single day!
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biggrin.gif my beginner luck home run smile.gif

Best gain i made in bursa stock so far 20% gain in 2 days....

This one new milestone

Though kicimiao amount only
max_cavalera
post Apr 2 2017, 10:38 AM

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QUOTE(jack2 @ Apr 1 2017, 02:36 PM)
I saw my my friend is setup up one place for his mining.. It seems it is profitable for him... Otherwise, he won't setup a new place (like room) and have many instances..

Really can do ah?
I am thinking to do also but need people to join venture together.
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My advice. Dont mind. Safe ur money, direct buy the coin from the exchange.

Lend it out on poloniex for margin lending. You can set up the rate based on community supply and demand. biggrin.gif.

1. You save thousands on pc specs
2. You save on electricity
3. As long as you got the coin to lend, you keep generating new coin to your portfolio....all in while waiting for your potential coin to go mainstream with sufficient ecosystem for it to shoot to the moon... biggrin.gif
max_cavalera
post Apr 2 2017, 11:00 AM

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QUOTE(jack2 @ Apr 2 2017, 11:53 AM)
How to do that rent out?
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Once u take the plunge...

U will naturally learn how to do it by urself biggrin.gif.

Very easy

Based on fluctuating daily rent rate u can get return around 18%-36% p.a

But u wont get paid in currency. They paid back the interest based on the cryptocurrency u holding.

This post has been edited by max_cavalera: Apr 2 2017, 11:11 AM
max_cavalera
post Apr 2 2017, 02:27 PM

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QUOTE(jack2 @ Apr 2 2017, 03:07 PM)
Why they wanna rent it?
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Similar to stock market. U can trade 100% of money u deposited in ur CDS account. You can also trade 200% of what you have. The bank will lend their money and higher trsc charge for such service.

Some pro trader like to use margin bcoz if real gain was only 10%, by using margin ur gain can double up to 20%. Same if you make a loss...

U also need margin account to short sell...

Bcoz in short sell u anticipate the price going to drop, so u sell 1st....but where do these cryptocurrency units come from if u don have it and sell it first? Ull be using the lender crypto obviously....

Once u short...u leave a position open depends on how many numbers of days allowable by the exchange or they can keep charging daily interest until u decide to close the trsc by buying back....

This post has been edited by max_cavalera: Apr 2 2017, 04:01 PM
max_cavalera
post Apr 2 2017, 04:22 PM

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Another latest major movement....

Ripple breaking new high again....

Up from 2.2 cent average to 2.5cents now....
max_cavalera
post Apr 2 2017, 06:08 PM

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QUOTE(jack2 @ Apr 2 2017, 05:35 PM)
If they lend and loss in trading, who is paying us back
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Wiki what margin call is about and its one of the exchange protection mechanism against such event
max_cavalera
post Apr 2 2017, 06:17 PM

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QUOTE(shahrul09 @ Apr 2 2017, 07:07 PM)
Wah that XRP break $0.3 already
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Congrats to Ripple, 3rd cryptocurrency breaking through the 1 billion market captalization barrier after bitcoin and ethereum smile.gif
max_cavalera
post Apr 3 2017, 07:42 AM

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Wassup guys.
Just woked up.

Wth happened to ripple omg 😱😍
max_cavalera
post Apr 3 2017, 11:58 AM

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Guys i notice bitstamp traded generally 3-5% cheaper than poloniex rate....

Seems like scalpers heaven to scalp base on the two price difference 😅

Not sure if it workable though.

But scalpers/arbitrarer are welcome to thinning the gap between such exchange 👍🏻😄
max_cavalera
post Apr 3 2017, 12:07 PM

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QUOTE(wengherng @ Apr 3 2017, 01:03 PM)
The hype and euphoria kept me awake.  biggrin.gif
Actually this was something I have been meaning to explore as well.
Will have to spend some time to investigate on this.
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Yeah, anyone plan to epxlore such opportunity pls dont mind to teach us here.

In crypto ecosystem where everything is decentralize, gap between exchanges is noticeable.

Arbitrers/scalpers surely have a good role to play to thin down such premium difference between exchanges
max_cavalera
post Apr 4 2017, 12:41 PM

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Xrp slowly drop lower ohmy.gif

Regret didnt sell when it was 6.5cents 🤒
max_cavalera
post Apr 4 2017, 01:00 PM

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QUOTE(shahrul09 @ Apr 4 2017, 01:58 PM)
Sell mine when it was 5.5
Donno whether to buy back now or wait it drop more.
Ltc looking good too.
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It bounce back everytime hit 3 cents twice...

The short term support level is there edi....

I think better wait for 1 day massive rally to rejoin the wagon....

Last time full course rally whrre t apprecuate 10times it values takes 3-5 days rally as well...

This post has been edited by max_cavalera: Apr 4 2017, 01:06 PM
max_cavalera
post Apr 5 2017, 01:38 PM

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QUOTE(tertiary @ Apr 5 2017, 11:50 AM)
Why XRP will be valuable: A short video outlining the advantages of banks using XRP for international payments:

https://youtu.be/wqpOX6vDD3E

Find out more at xrpchat.com
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Yup. New minimum price well supported at 3 - 3.3 cents a ripple coin....

Seem like slowly upwards right now
max_cavalera
post Apr 5 2017, 07:56 PM

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QUOTE(kmarc @ Apr 5 2017, 08:39 PM)
Nice. If only these were shown BEFORE the XRP moon.  sad.gif

Yay, another green day for altcoins!  rclxms.gif

Litecoin segwit at 69.3%. Another 5.7% to go!!!!
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Wow nice

U betting on litecoin breakout?
max_cavalera
post Apr 6 2017, 10:20 AM

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Ltc going up until 13cents but currently retracement period a lil....

I entered at 11cents....

Notice u giys put price comparison btc/ltc is it? biggrin.gif

Its kinda confusing to me so i compare it in USD tether mode

This post has been edited by max_cavalera: Apr 6 2017, 10:39 AM

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