Kinda ridiculous for a crash just a week ago to recover.
Btc price have reach new high at 2840usd currently....
Bincangkan
1 Bitcoin equals 12047.03 Malaysian Ringgit, Monster Bull run continue...
1 Bitcoin equals 12047.03 Malaysian Ringgit, Monster Bull run continue...
|
|
Jun 6 2017, 11:13 AM, updated 9y ago
Show posts by this member only | Post
#1
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
Kinda ridiculous for a crash just a week ago to recover.
Btc price have reach new high at 2840usd currently.... Bincangkan |
|
|
Jun 6 2017, 11:14 AM
Show posts by this member only | Post
#2
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
extatine
|
|
|
Jun 6 2017, 11:15 AM
Show posts by this member only | Post
#3
|
![]() ![]()
Junior Member
147 posts Joined: Dec 2011 |
|
|
|
Jun 6 2017, 11:15 AM
Show posts by this member only | Post
#4
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
What is the liquidity like?
|
|
|
Jun 6 2017, 11:16 AM
Show posts by this member only | Post
#5
|
![]() ![]() ![]()
Junior Member
354 posts Joined: Feb 2015 |
ts pandai got lots of bitcoins already. so bila belanja?
|
|
|
Jun 6 2017, 11:17 AM
Show posts by this member only | Post
#6
|
![]() ![]()
Junior Member
88 posts Joined: Dec 2008 |
Bitkingdom now keep quiet.
|
|
|
Jun 6 2017, 11:17 AM
Show posts by this member only | Post
#7
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 11:18 AM
Show posts by this member only | Post
#8
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 11:19 AM
Show posts by this member only | IPv6 | Post
#9
|
![]() ![]() ![]() ![]()
Senior Member
629 posts Joined: Mar 2010 |
wait for next year economy downfall 2018 when everyone realizes cryptocurrency.
|
|
|
Jun 6 2017, 11:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 11:28 AM
Show posts by this member only | IPv6 | Post
#11
|
![]() ![]() ![]() ![]()
Senior Member
629 posts Joined: Mar 2010 |
QUOTE(max_cavalera @ Jun 6 2017, 11:20 AM) Alt coin will bath in red and take the back seat for now while bitcoin surge to chart new height range 😅 im doing ok with dogecoin, dgb. Anyone who invested these two within these past 2 month probrably 10x 20x fold their investments. Put 100k youre an instant millionaire on May 2017 - June 2017.Ive invested in mooncoin,reddcoin and some other coins with 0.009 and below, once its reaches 1 cent ill bail out and look a few new altcoins with good community, promising updates and advances. This post has been edited by ate: Jun 6 2017, 11:29 AM |
|
|
Jun 6 2017, 11:29 AM
|
![]() ![]()
Junior Member
223 posts Joined: Jul 2008 |
Can easily cash out to MYR meh?
|
|
|
Jun 6 2017, 11:32 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,943 posts Joined: Apr 2005 |
|
|
|
Jun 6 2017, 11:33 AM
Show posts by this member only | IPv6 | Post
#14
|
![]() ![]() ![]() ![]()
Senior Member
686 posts Joined: Jan 2009 |
QUOTE(ate @ Jun 6 2017, 11:28 AM) im doing ok with dogecoin, dgb. Anyone who invested these two within these past 2 month probrably 10x 20x fold their investments. Put 100k youre an instant millionaire on May 2017 - June 2017. Why people dont do dogecoin or bit coin instead of uberIve invested in mooncoin,reddcoin and some other coins with 0.009 and below, once its reaches 1 cent ill bail out and look a few new altcoins with good community, promising updates and advances. Macam easy money jer |
|
|
Jun 6 2017, 11:34 AM
|
![]() ![]() ![]()
Junior Member
350 posts Joined: Jan 2009 |
WhyAmISoPoor
|
|
|
Jun 6 2017, 11:36 AM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
826 posts Joined: Jun 2005 |
I'm going to be small scale bitminer. Any1 can guide me?
|
|
|
Jun 6 2017, 11:37 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 11:37 AM
|
![]() ![]()
Junior Member
289 posts Joined: Feb 2009 |
ada btc ada amoi?
|
|
|
Jun 6 2017, 11:37 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 11:38 AM
|
![]() ![]()
Junior Member
86 posts Joined: Aug 2016 |
|
|
|
Jun 6 2017, 11:38 AM
Show posts by this member only | IPv6 | Post
#21
|
![]() ![]() ![]() ![]()
Senior Member
629 posts Joined: Mar 2010 |
QUOTE(amon_meiz @ Jun 6 2017, 11:33 AM) cause you need money and patience, its a waiting game.Also cryptocurrency is very volatile. But it will recover in time. Newbies will panic and sell everything once it goes down and make losses. this guys knows. |
|
|
Jun 6 2017, 11:39 AM
Show posts by this member only | IPv6 | Post
#22
|
![]() ![]() ![]() ![]()
Senior Member
686 posts Joined: Jan 2009 |
QUOTE(motion_sickness @ Jun 6 2017, 11:38 AM) OooQUOTE(ate @ Jun 6 2017, 11:38 AM) cause you need money and patience, its a waiting game. I seeAlso cryptocurrency is very volatile. But it will recover in time. Newbies will panic and sell everything once it goes down and make losses. this guys knows. . Wait tu... How long? |
|
|
Jun 6 2017, 11:41 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 11:41 AM
Show posts by this member only | IPv6 | Post
#24
|
![]() ![]()
Junior Member
97 posts Joined: Apr 2016 |
|
|
|
Jun 6 2017, 11:42 AM
Show posts by this member only | IPv6 | Post
#25
|
![]() ![]() ![]() ![]()
Senior Member
686 posts Joined: Jan 2009 |
|
|
|
Jun 6 2017, 11:44 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
QUOTE(amon_meiz @ Jun 6 2017, 12:42 PM) Lololz Son. In cryptocurrency theory of relativity apply. 1 year in crypto world is like 4 years in stock market....😅Lets say from down. Then up again Meaning if sell, can get some profit la. If not much How long? A year? Actually this is how i feel when i migrate from bursa to crypto |
|
|
Jun 6 2017, 11:45 AM
Show posts by this member only | IPv6 | Post
#27
|
![]() ![]() ![]() ![]()
Senior Member
686 posts Joined: Jan 2009 |
|
|
|
Jun 6 2017, 11:47 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 11:48 AM
|
![]() ![]() ![]()
Junior Member
354 posts Joined: Feb 2015 |
|
|
|
Jun 6 2017, 11:48 AM
Show posts by this member only | IPv6 | Post
#30
|
![]() ![]() ![]() ![]()
Senior Member
686 posts Joined: Jan 2009 |
QUOTE(max_cavalera @ Jun 6 2017, 11:47 AM) I answer indirectly lar. I seeIf correction in stock market takes a month to recover. Cryptocurrency world take just a week. If i can make 5-20% gain a month in bursa. In crypto inroughly double the money every month.... So the period only monthly la? Then people should know more about this More profitable than uber or grab |
|
|
Jun 6 2017, 11:49 AM
Show posts by this member only | IPv6 | Post
#31
|
![]() ![]()
Junior Member
123 posts Joined: Sep 2007 |
Bitcoin is legal in Malaysia?
|
|
|
Jun 6 2017, 11:50 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,116 posts Joined: Jun 2014 From: CatCity, Sarawak |
tongsan hold the most bitcoin and the gmnt tightening up money going out. so all invest in crypto.
hope alt keep rising with btc |
|
|
Jun 6 2017, 11:51 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 11:53 AM
|
![]() ![]()
Junior Member
298 posts Joined: Sep 2013 |
QUOTE(ate @ Jun 6 2017, 11:28 AM) im doing ok with dogecoin, dgb. Anyone who invested these two within these past 2 month probrably 10x 20x fold their investments. Put 100k youre an instant millionaire on May 2017 - June 2017. where to buy?..Ive invested in mooncoin,reddcoin and some other coins with 0.009 and below, once its reaches 1 cent ill bail out and look a few new altcoins with good community, promising updates and advances. |
|
|
Jun 6 2017, 11:54 AM
Show posts by this member only | IPv6 | Post
#35
|
![]() ![]() ![]() ![]()
Senior Member
629 posts Joined: Mar 2010 |
|
|
|
Jun 6 2017, 11:56 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,943 posts Joined: Apr 2005 |
Alt coins are riskier
Lucky im with dogecoin, the community keeping it alive. Last time i always use it to trade steam games. Too many useless coins aka scamcoins out there This post has been edited by terradrive: Jun 6 2017, 11:57 AM |
|
|
Jun 6 2017, 11:56 AM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Jun 6 2017, 11:59 AM
Show posts by this member only | IPv6 | Post
#38
|
![]() ![]() ![]() ![]()
Senior Member
629 posts Joined: Mar 2010 |
QUOTE(max_cavalera @ Jun 6 2017, 11:51 AM) that jjptr guy probrably had the money turned into btc or some other alt coins and hid it on a cloud service, once hes out hed probrably turn out to be a super rich guy.He said he was hacked and the money was untraceable , you know and i know |
|
|
Jun 6 2017, 11:59 AM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
whyiamsopoor became whyiamsorich
lol |
|
|
Jun 6 2017, 12:00 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
981 posts Joined: Jan 2003 From: SABAH!!! |
i have some currency at Cryptsy...........
but they are raid, no more liao LTE now how much liao? |
|
|
Jun 6 2017, 12:00 PM
|
![]() ![]()
Junior Member
147 posts Joined: Dec 2011 |
|
|
|
Jun 6 2017, 12:01 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(max_cavalera @ Jun 6 2017, 11:47 AM) I answer indirectly lar. That is if the site doesn't get "hacked" and you still have your wallet. Also the fall from 4000 in 2014 took about three years to recover.If correction in stock market takes a month to recover. Cryptocurrency world take just a week. If i can make 5-20% gain a month in bursa. In crypto inroughly double the money every month.... This post has been edited by wodenus: Jun 6 2017, 12:02 PM |
|
|
Jun 6 2017, 12:02 PM
Show posts by this member only | IPv6 | Post
#43
|
![]() ![]() ![]() ![]()
Senior Member
629 posts Joined: Mar 2010 |
|
|
|
Jun 6 2017, 12:03 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(max_cavalera @ Jun 6 2017, 11:47 AM) I answer indirectly lar. doing stocks = margin trading on poloniex kew?????If correction in stock market takes a month to recover. Cryptocurrency world take just a week. If i can make 5-20% gain a month in bursa. In crypto inroughly double the money every month.... |
|
|
Jun 6 2017, 12:04 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 12:07 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 12:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(AnythingK @ Jun 6 2017, 11:29 AM) Thursday night start wire transfer from SG to US, Saturday morning USD ready to buy ETH, wire fee S$64 Sunday withdraw USD back to Singapore, Tuesday morning get SGD in bank. wire fee S$20 Pretty easy with Singapore banks, come and do quick part time job and open up a Gemini and bank account. |
|
|
Jun 6 2017, 12:12 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 12:12 PM
|
![]()
Junior Member
4 posts Joined: Jan 2014 |
u know why
from CHINA.. now INDIA jumping in.. https://www.cryptocoinsnews.com/bitcoin-att...-traders-india/ This post has been edited by acer7254: Jun 6 2017, 12:13 PM |
|
|
Jun 6 2017, 12:16 PM
Show posts by this member only | IPv6 | Post
#50
|
![]() ![]() ![]() ![]()
Senior Member
686 posts Joined: Jan 2009 |
|
|
|
Jun 6 2017, 12:22 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
|
|
|
Jun 6 2017, 12:24 PM
|
![]()
Junior Member
4 posts Joined: Jan 2014 |
even if u own bunch of bitcoins now, that can turn into million of profits
still will not satisfy you enough, suppose you purchase 100k-200k of btc back to 2010 when u see on the screen computer, on the forum, and u laugh at it when the price still on few cent. or at least purchase when the price still at $5. i could be a freaking billionaire profits right now. but be grateful, million is better than nothing though This post has been edited by acer7254: Jun 6 2017, 12:24 PM |
|
|
Jun 6 2017, 12:24 PM
Show posts by this member only | IPv6 | Post
#53
|
![]() ![]() ![]() ![]()
Senior Member
686 posts Joined: Jan 2009 |
|
|
|
Jun 6 2017, 12:28 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(acer7254 @ Jun 6 2017, 12:24 PM) even if u own bunch of bitcoins now, that can turn into million of profits I know that feeling, I laughed at that ETH spammer when it was $1.still will not satisfy you enough, suppose you purchase 100k-200k of btc back to 2010 when u see on the screen computer, on the forum, and u laugh at it when the price still on few cent. or at least purchase when the price still at $5. i could be a freaking billionaire profits right now. but be grateful, million is better than nothing though Could be five times the millionaire today, but hey, I'm still a friggin millionaire at 26 |
|
|
Jun 6 2017, 12:28 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
Lol 2 crypto millionaire just comment
|
|
|
Jun 6 2017, 12:30 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
7,740 posts Joined: Jun 2006 From: Some Yih |
[WTS] RX480 RM2600 FULL VIRGIN. NEVER MINING YET
|
|
|
Jun 6 2017, 12:33 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
|
|
|
Jun 6 2017, 12:35 PM
|
![]()
Junior Member
4 posts Joined: Jan 2014 |
QUOTE(WooTz @ Jun 6 2017, 12:28 PM) I know that feeling, I laughed at that ETH spammer when it was $1. Ayam laugh at eth tooCould be five times the millionaire today, but hey, I'm still a friggin millionaire at 26 Now ayam sad But who's know ayam will continue sad or.. back to laugh in the future? Now thinking into new type of blockchain investment technology Just like yahoo dead to google Myspace dead to Facebook Blockchain tech is still new I believe something big is coming when it comes to blockchain tech. Times to expand my investment portfolio Be aware guys This post has been edited by acer7254: Jun 6 2017, 12:36 PM |
|
|
Jun 6 2017, 12:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
QUOTE(hjffgjng @ Jun 6 2017, 01:07 PM) so what is playin stocks equivalences in crypto world??? Too technical and abstract...i lazy wanna elaborate.stock have margin trading too??? what the diifetence between stovks and crypto Summarize is based on a few market i have traded. Crypto is the best commodity to trade right now. Easily predictable graph, 'dumb money' flowing in(refer to chris dunn video the interpretatio ), the market runs 24/7/365 and not barely 6 hours 5 days a week not including off day on oublic holiday bursa market, and some other aspect lazy to elaborate.... |
|
|
Jun 6 2017, 12:48 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(max_cavalera @ Jun 6 2017, 12:42 PM) Too technical and abstract...i lazy wanna elaborate. wtfSummarize is based on a few market i have traded. Crypto is the best commodity to trade right now. Easily predictable graph, 'dumb money' flowing in(refer to chris dunn video the interpretatio ), the market runs 24/7/365 and not barely 6 hours 5 days a week not including off day on oublic holiday bursa market, and some other aspect lazy to elaborate.... u cant buy stocks at 3 am??? |
|
|
Jun 6 2017, 12:50 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 12:52 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 12:53 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
newbie here, how to start off with Bitcoin? I will buy tonight LOL
|
|
|
Jun 6 2017, 12:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land |
|
|
|
Jun 6 2017, 12:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 12:54 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(TheReaderReads @ Jun 6 2017, 12:53 PM) https://forum.lowyat.net/topic/4218606read,the only thing i hate to do,plus wif readin i still not gettin it,ending up spammin that tered wif my bodoh noob question,haha |
|
|
Jun 6 2017, 12:56 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(mois @ Jun 6 2017, 12:54 PM) https://www.reddit.com/r/ethereum/comments/...e6v&sh=df7f69f3this guy buy 1.4 milion eth now 1 eth is 250 usd |
|
|
Jun 6 2017, 12:57 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
QUOTE(hjffgjng @ Jun 6 2017, 12:54 PM) https://forum.lowyat.net/topic/4218606 thx weiread,the only thing i hate to do,plus wif readin i still not gettin it,ending up spammin that tered wif my bodoh noob question,haha me also in that thread LOL me in office now. Cannot open website for so long... |
|
|
Jun 6 2017, 12:58 PM
|
![]()
Junior Member
39 posts Joined: Jun 2006 |
ok lets buy pcs and start mining
but how?? |
|
|
Jun 6 2017, 12:59 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
I notice some ppl just buy coins and some r mining
is that my correct impression |
|
|
Jun 6 2017, 12:59 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 01:00 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(acer7254 @ Jun 6 2017, 12:24 PM) even if u own bunch of bitcoins now, that can turn into million of profits Another millionaire?still will not satisfy you enough, suppose you purchase 100k-200k of btc back to 2010 when u see on the screen computer, on the forum, and u laugh at it when the price still on few cent. or at least purchase when the price still at $5. i could be a freaking billionaire profits right now. but be grateful, million is better than nothing though |
|
|
Jun 6 2017, 01:01 PM
Show posts by this member only | IPv6 | Post
#73
|
![]() ![]()
Junior Member
285 posts Joined: Mar 2010 |
i regret selling my bitcoin last 4 months
|
|
|
Jun 6 2017, 01:02 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 01:04 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,748 posts Joined: Oct 2012 |
|
|
|
Jun 6 2017, 01:04 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(ate @ Jun 6 2017, 11:54 AM) cant go wrong when universities, toyota, jp morgan, microsoft, deloitte, banks in europe, japan and china and all the big players are backing cryptocurrency You can pay for Windows and cars in some alt coin now? you can buy cryptocurrency at the banks in Europe, Japan and China?This post has been edited by wodenus: Jun 6 2017, 01:05 PM |
|
|
Jun 6 2017, 01:04 PM
Show posts by this member only | IPv6 | Post
#77
|
![]() ![]()
Junior Member
285 posts Joined: Mar 2010 |
|
|
|
Jun 6 2017, 01:06 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,552 posts Joined: Feb 2013 |
today finally marked 100% profit made in less than 60 days.
ah, the wonders of btc. |
|
|
Jun 6 2017, 01:06 PM
|
![]()
Junior Member
4 posts Joined: Jan 2014 |
QUOTE(hjffgjng @ Jun 6 2017, 12:56 PM) https://www.reddit.com/r/ethereum/comments/...e6v&sh=df7f69f3 $300,000,000this guy buy 1.4 milion eth now 1 eth is 250 usd Fuk Better sell it off, since eth is unlimited supply Or, the price jump up to $1000 and he will be crying like a baby. After all, crypto world still 80% on speculating game than doing a real economic trading Random people just gonna be a millionre. Mostly a geek |
|
|
Jun 6 2017, 01:07 PM
Show posts by this member only | IPv6 | Post
#80
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(max_cavalera @ Jun 6 2017, 12:42 PM) Too technical and abstract...i lazy wanna elaborate. on the buy side is always small buying.....many many small units buying.Summarize is based on a few market i have traded. Crypto is the best commodity to trade right now. Easily predictable graph, 'dumb money' flowing in(refer to chris dunn video the interpretatio ), the market runs 24/7/365 and not barely 6 hours 5 days a week not including off day on oublic holiday bursa market, and some other aspect lazy to elaborate.... on the sell side is huge quantity ppl dumping. let's say now at 2,900 got 600BTC at sell side. so on the way up is slow incremental, downside is very volatile |
|
|
Jun 6 2017, 01:10 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 01:13 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(acer7254 @ Jun 6 2017, 01:06 PM) $300,000,000 i say hodl for himFuk Better sell it off, since eth is unlimited supply Or, the price jump up to $1000 and he will be crying like a baby. After all, crypto world still 80% on speculating game than doing a real economic trading Random people just gonna be a millionre. Mostly a geek and he better add another million eth to his portfolio wif eth marketcap fast tailgating btc marketcap,who know what will happen |
|
|
Jun 6 2017, 01:14 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 01:16 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land |
QUOTE(acer7254 @ Jun 6 2017, 01:06 PM) $300,000,000 You not millionaire in this cryto ka?Fuk Better sell it off, since eth is unlimited supply Or, the price jump up to $1000 and he will be crying like a baby. After all, crypto world still 80% on speculating game than doing a real economic trading Random people just gonna be a millionre. Mostly a geek |
|
|
Jun 6 2017, 01:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(acer7254 @ Jun 6 2017, 01:06 PM) $300,000,000 Out of curiosity, how do you sell it? if a few million turns up in your bank account, won't everyone be suspicious?Fuk Better sell it off, since eth is unlimited supply Or, the price jump up to $1000 and he will be crying like a baby. After all, crypto world still 80% on speculating game than doing a real economic trading Random people just gonna be a millionre. Mostly a geek |
|
|
Jun 6 2017, 01:20 PM
Show posts by this member only | IPv6 | Post
#86
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
|
|
|
Jun 6 2017, 01:21 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 01:29 PM
|
![]() ![]()
Junior Member
57 posts Joined: Jan 2015 |
Good to some make a good fortune in crypto
Ayam did a a bit jelly to miss the opportunity underestimate the millennials and their obsession with the coin, But Ayam will still prefer to make small peanut in conventional stock May be Ayam can consider some serious crypto coin portfolio after some big correction, (if there isn't big correction soon Ayam can wait very long) |
|
|
Jun 6 2017, 01:31 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
mine saja Etherium, god coin. dual mine together with decred.
![]() |
|
|
Jun 6 2017, 01:35 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
QUOTE(AllnGap @ Jun 6 2017, 02:07 PM) on the buy side is always small buying.....many many small units buying. Theres a difference between dumping and que to sell....on the sell side is huge quantity ppl dumping. let's say now at 2,900 got 600BTC at sell side. so on the way up is slow incremental, downside is very volatile Again Theres a big difference between an investor, trader and hedger.... Details lie in the fineprint.... If you dont master this u will forever be behind on that illusion |
|
|
Jun 6 2017, 01:38 PM
|
![]() ![]()
Junior Member
289 posts Joined: Feb 2009 |
So many successful stories in btc trading...how about those unsuccessful one?
I'm sure there are some failures when comes to investment especially high volatile like btc/eth |
|
|
Jun 6 2017, 01:39 PM
|
![]()
Junior Member
46 posts Joined: Jun 2015 |
Cukur got 100
|
|
|
Jun 6 2017, 01:40 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
QUOTE(SomaCruz89 @ Jun 6 2017, 01:38 PM) So many successful stories in btc trading...how about those unsuccessful one? the volatility of the crypto is the fun part, at least for me.I'm sure there are some failures when comes to investment especially high volatile like btc/eth for my bro case, he invested 30k sgd overall in alt coin, today the ROI is more than 200k usd and still climbing as the coin are recycled with PoS mining. |
|
|
Jun 6 2017, 01:41 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land |
QUOTE(SomaCruz89 @ Jun 6 2017, 01:38 PM) So many successful stories in btc trading...how about those unsuccessful one? Unsuccessful one....yet to come. Last 2-3 weeks got major correction and it recover fairy quickly.I'm sure there are some failures when comes to investment especially high volatile like btc/eth |
|
|
Jun 6 2017, 01:42 PM
|
![]() ![]()
Junior Member
223 posts Joined: Jul 2008 |
fuh many millionaire in /k/
|
|
|
Jun 6 2017, 01:44 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
QUOTE(mois @ Jun 6 2017, 01:41 PM) I was at the part when I mined BTC with ASIC miner cost USD5k in 2014. That time BTC worth about USD1k, and it crashed to USD300 before i managed to sell it off, I lost about 6 BTC due to scam exchange. After that case, all my crypto are kept in cold wallet and only be traded if necessary. Managed to cover losses by selling my miner for USD8k though. |
|
|
Jun 6 2017, 01:48 PM
|
![]() ![]()
Junior Member
289 posts Joined: Feb 2009 |
QUOTE(a13solut3 @ Jun 6 2017, 01:44 PM) I was at the part when I mined BTC with ASIC miner cost USD5k in 2014. So, most of the unsuccessful stories about cryptocurrency trading market come from scam/wallet stolen due to security issue?That time BTC worth about USD1k, and it crashed to USD300 before i managed to sell it off, I lost about 6 BTC due to scam exchange. After that case, all my crypto are kept in cold wallet and only be traded if necessary. Managed to cover losses by selling my miner for USD8k though. In conventional trading/investment normally ppl will buy at low sell at high or buy on the rumors sell on the news approach...same applies for crytocurrency market as well? |
|
|
Jun 6 2017, 01:51 PM
Show posts by this member only | IPv6 | Post
#98
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
|
|
|
Jun 6 2017, 01:53 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 01:55 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(SomaCruz89 @ Jun 6 2017, 01:38 PM) So many successful stories in btc trading...how about those unsuccessful one? mt gox hackingI'm sure there are some failures when comes to investment especially high volatile like btc/eth so many ppl lose money,that not including weak hand who seen price crashed then sold at loss |
|
|
Jun 6 2017, 01:56 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 01:56 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
QUOTE(SomaCruz89 @ Jun 6 2017, 01:48 PM) So, most of the unsuccessful stories about cryptocurrency trading market come from scam/wallet stolen due to security issue? For me it's due to greediness. In conventional trading/investment normally ppl will buy at low sell at high or buy on the rumors sell on the news approach...same applies for crytocurrency market as well? The same applies to crypto, but it's volatile and thing can change in just few minutes, and there's no break-time for crypto as well. |
|
|
Jun 6 2017, 01:58 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 01:59 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
QUOTE(hjffgjng @ Jun 6 2017, 01:56 PM) No la, gila. I build this machine approximately RM4k. Just normal mix and match GPU with CPU. Monthly about USD300 return. Most probably can breakeven around 3 months. I'll use ETH to cover my cost, and keep the DCR as it have potential. CPU mining XMR. Not alot, but that's that. Electricity maybe telan about RM400 max per month. Alot of modification and undervolting done to keep GPU cold. Planning to build second rig with more GPU after breakeven. Not sure how long it will remain profitable but maybe give or take a year. This post has been edited by a13solut3: Jun 6 2017, 02:00 PM |
|
|
Jun 6 2017, 02:01 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(a13solut3 @ Jun 6 2017, 01:59 PM) No la, gila. I build this machine approximately RM4k. Just normal mix and match GPU with CPU. Monthly about USD300 return. Most probably can breakeven around 3 months. 300 usd???fuuuuI'll use ETH to cover my cost, and keep the DCR as it have potential. CPU mining XMR. Not alot, but that's that. Electricity maybe telan about RM400 max per month. Alot of modification and undervolting done to keep GPU cold. Planning to build second rig with more GPU after breakeven. Not sure how long it will remain profitable but maybe give or take a year. list spec pliz |
|
|
Jun 6 2017, 02:03 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 02:04 PM
|
![]() ![]()
Junior Member
57 posts Joined: Jan 2015 |
QUOTE(a13solut3 @ Jun 6 2017, 01:59 PM) No la, gila. I build this machine approximately RM4k. Just normal mix and match GPU with CPU. Monthly about USD300 return. Most probably can breakeven around 3 months. Lite coin mining is most profitableI'll use ETH to cover my cost, and keep the DCR as it have potential. CPU mining XMR. Not alot, but that's that. Electricity maybe telan about RM400 max per month. Alot of modification and undervolting done to keep GPU cold. Planning to build second rig with more GPU after breakeven. Not sure how long it will remain profitable but maybe give or take a year. With 50 mhash per day, can yield 1-2 coin per day |
|
|
Jun 6 2017, 02:05 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
QUOTE(hjffgjng @ Jun 6 2017, 02:01 PM) i5 7400z270 mobo rx580 8gb x 2 700w psu 8gb ram just go find cheaper one and utilize all PCI lane with pcie riser if u want go full force with mining. im taking care of all my h/w so it have resell value in future. my gpu temp at around 60c-70c so there's no long term damage done to any part in my cpu. |
|
|
Jun 6 2017, 02:08 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
Unrealized profit is pointless - if you have even just 50 bitcoin, how long would it take for you to actually realize the profit and turn it into cold hard cash?
|
|
|
Jun 6 2017, 02:08 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
|
|
|
Jun 6 2017, 02:10 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
QUOTE(xeda @ Jun 6 2017, 02:08 PM) Unrealized profit is pointless - if you have even just 50 bitcoin, how long would it take for you to actually realize the profit and turn it into cold hard cash? Try localbitcoins.com , you will be able to sell BTC at slightly inflated price with immediate payment into your local bank account.Been there done that. Overall process took about 10 min average with a reputable sellers. Used maybank and i reused the money into purchasing machine to mine. This post has been edited by a13solut3: Jun 6 2017, 02:10 PM |
|
|
Jun 6 2017, 02:10 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(a13solut3 @ Jun 6 2017, 02:10 PM) Try localbitcoins.com , you will be able to sell BTC at slightly inflated price with immediate payment into your local bank account. And how much bitcoin did you manage to sell at that time? 1? 2?Been there done that. Overall process took about 10 min average with a reputable sellers. |
|
|
Jun 6 2017, 02:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
|
|
|
Jun 6 2017, 02:13 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 02:14 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(a13solut3 @ Jun 6 2017, 02:10 PM) Try localbitcoins.com , you will be able to sell BTC at slightly inflated price with immediate payment into your local bank account. Do you have experience in large volume? what might happen if we sell 1000? if you want to go in, might as well go in big, otherwise what's the point.Been there done that. Overall process took about 10 min average with a reputable sellers. Used maybank and i reused the money into purchasing machine to mine. This post has been edited by wodenus: Jun 6 2017, 02:15 PM |
|
|
Jun 6 2017, 02:15 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(a13solut3 @ Jun 6 2017, 02:05 PM) i5 7400 i saw someone want to buy 8 rx580 in finance tered,how much the roi if 8 gpu?z270 mobo rx580 8gb x 2 700w psu 8gb ram just go find cheaper one and utilize all PCI lane with pcie riser if u want go full force with mining. im taking care of all my h/w so it have resell value in future. my gpu temp at around 60c-70c so there's no long term damage done to any part in my cpu. |
|
|
Jun 6 2017, 02:16 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(a13solut3 @ Jun 6 2017, 02:12 PM) Around RM5k when BTC is around USD1.4k-ish. That was ages ago, so it's irrelevant.The rest I keep for crypto trading as I earn USD20~USD100 average per day. No rush in withdrawing the fund anyway. It's not about whether one is in a rush to withdraw it or not, its about the liquidity of the investment. It's especially dangerous with bitcoin if it's very illiquid since there's no tangible asset that you can benefit from. Some people might have missed this aspect of investment, liquidity. |
|
|
Jun 6 2017, 02:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(hjffgjng @ Jun 6 2017, 02:15 PM) After power and cooling and maintenance, I wonder if there's any left. Besides, people have large server farms, one GPU is kind of micro-scale.This post has been edited by wodenus: Jun 6 2017, 02:18 PM |
|
|
Jun 6 2017, 02:18 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 02:18 PM
Show posts by this member only | IPv6 | Post
#120
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(max_cavalera @ Jun 6 2017, 01:35 PM) Theres a difference between dumping and que to sell.... the buying pressure is all very very small quantity bro. Again Theres a big difference between an investor, trader and hedger.... Details lie in the fineprint.... If you dont master this u will forever be behind on that illusion where as queue to sell is very high. dunt forget BTC was just around 1800 a couple of months ago. so plenty of ppl clearing their things around 3,000 for a 66% profit |
|
|
Jun 6 2017, 02:19 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
QUOTE(wodenus @ Jun 6 2017, 02:14 PM) Do you have experience in large volume? what might happen if we sell 1000? if you want to go in, might as well go in big, otherwise what's the point. No, btw, don't ever do large volume unless you want to attract attention by BNM. No one in the right mind will do such a large quantity. So you don't have to think until that far.QUOTE(hjffgjng @ Jun 6 2017, 02:15 PM) Powerdraw 160W if not optimized.If you undervolt etc you might get much lower wattage. Do the math. But no matter how much GPU u buy, you will get ROI around 3-5 months approx as more machine mean you need aircond 24/7 as well especially in our country. That's my current effective mining speed with temp. There's regular restart for my PC as I was doing optimization for the last few days. It is very stable now and it will run 24/7 with weekly reboot once now. This post has been edited by a13solut3: Jun 6 2017, 02:21 PM |
|
|
Jun 6 2017, 02:19 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(hjffgjng @ Jun 6 2017, 02:18 PM) No point trading if there's no liquidity then. We already have the equivalent of 50 btc in local investments alone, and all of it can be liquidated tomorrow if it comes to that, legal too.This post has been edited by wodenus: Jun 6 2017, 02:20 PM |
|
|
Jun 6 2017, 02:20 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 02:20 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(wodenus @ Jun 6 2017, 02:13 PM) It's just like a commodityAs long as there are people willing to buy your coins, you will see cold hard cash within minutes But if people decided to buy 0.25, and another one is buying 0.5coins Then it might take a day to 2 for your btc to turn to cash |
|
|
Jun 6 2017, 02:21 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
I'd be wary in investing cold hard cash now in bitcoins as it seems that it's a very illiquid investment at the current buying/selling price - and your only source of profit is from capital appreciation - unlike stocks at the very least even if you hold you'll get dividends each year.
Only way forward if you'd wanna invest in bitcoin now is to mine your own coin - but this also involves actual hard cash since you'd need to pay bills and such. It would be a different thing altogether if bitcoin is widely recognized as a global currency like USD and ha actual usage in real life (e.g - buying a bottle of water at my next door grocery shop). If that is the future of bitcoin then heck dump all your entire life savings in it. |
|
|
Jun 6 2017, 02:22 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
|
|
|
Jun 6 2017, 02:22 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 02:20 PM) It's just like a commodity So the spread is wide due to low liquidity, like most local REITs?As long as there are people willing to buy your coins, you will see cold hard cash within minutes But if people decided to buy 0.25, and another one is buying 0.5coins Then it might take a day to 2 for your btc to turn to cash |
|
|
Jun 6 2017, 02:24 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(wodenus @ Jun 6 2017, 02:19 PM) No point trading if there's no liquidity then. We already have the equivalent of 50 btc in local investments alone, and all of it can be liquidated tomorrow if it comes to that, legal too. 1 btc = 10000 myr10 btc is 100k myr if u dat rich,no need to bother lah,i bet riza aziz would just laugh at crypto |
|
|
Jun 6 2017, 02:24 PM
Show posts by this member only | IPv6 | Post
#129
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(hjffgjng @ Jun 6 2017, 01:53 PM) not saying ur wrong I'm just telling u all the buy side is small scale ppl buying every second.someone cashed like few bilion recently,deswai crash recently but look at how fast it returns bitcoin does have values,maybe hard fork and slow transaction the one that will kill it the big buyers are all around 2k area n big seller around 3k. previously before it touch 2700 I already said big seller there, then it just waterfall down when it touched there because the seller volume is super huge. imagine every few seconds ppl buy 1BTC, and they hit a seller with 1,400BTC to sell. lol |
|
|
Jun 6 2017, 02:24 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(xeda @ Jun 6 2017, 02:21 PM) I'd be wary in investing cold hard cash now in bitcoins as it seems that it's a very illiquid investment at the current buying/selling price - and your only source of profit is from capital appreciation - unlike stocks at the very least even if you hold you'll get dividends each year. YepOnly way forward if you'd wanna invest in bitcoin now is to mine your own coin - but this also involves actual hard cash since you'd need to pay bills and such. It would be a different thing altogether if bitcoin is widely recognized as a global currency like USD and ha actual usage in real life (e.g - buying a bottle of water at my next door grocery shop). If that is the future of bitcoin then heck dump all your entire life savings in it. Bitcoin currently is a commodity rather than a currency The price goes up because people believe the price will go up In the end everyone is converting coins back to USD or EUROS for things And currently USA and CN is trying to make payments easier than ever, these dedicated digital currency will go nowhere. Why would I need bitcoin when I can pay for bills and my bowl of noodle using QR codes, and transaction can be done in China Yuan , secured and regulated |
|
|
Jun 6 2017, 02:24 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(xeda @ Jun 6 2017, 02:21 PM) I'd be wary in investing cold hard cash now in bitcoins as it seems that it's a very illiquid investment at the current buying/selling price - and your only source of profit is from capital appreciation - unlike stocks at the very least even if you hold you'll get dividends each year. LOL 50 BTC less than 1 mil.. already got liquidity issue, summore want to trade. Dump 600K in UT (for instance) and no one even blinks Only way forward if you'd wanna invest in bitcoin now is to mine your own coin - but this also involves actual hard cash since you'd need to pay bills and such. It would be a different thing altogether if bitcoin is widely recognized as a global currency like USD and ha actual usage in real life (e.g - buying a bottle of water at my next door grocery shop). If that is the future of bitcoin then heck dump all your entire life savings in it. |
|
|
Jun 6 2017, 02:25 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 02:20 PM) It's just like a commodity It is NOT like commodity.As long as there are people willing to buy your coins, you will see cold hard cash within minutes But if people decided to buy 0.25, and another one is buying 0.5coins Then it might take a day to 2 for your btc to turn to cash Commodity is widely used in actual real life by almost all businesses, you get actual tangible benefit from the commodity itself - e.g, sugar as a commodity is traded in HUGE volumes because businesses NEEDS it as a raw material - people don't NEED bitcoins. Businesses don't NEED bitcoins. Well, not yet I guess. And btw, commodity prices are mostly low - commodity is traded at high volume, bitcoin is the other way around, which poses a different set of risks altogether. |
|
|
Jun 6 2017, 02:25 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 02:28 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
|
|
|
Jun 6 2017, 02:29 PM
|
![]() ![]()
Junior Member
98 posts Joined: Jan 2003 From: Alpha Centauri |
QUOTE(wodenus @ Jun 6 2017, 01:18 PM) Out of curiosity, how do you sell it? if a few million turns up in your bank account, won't everyone be suspicious? 1. Open private bank account in other country that is crypto friendly (swiss, singapore)2. Sell all in one shot using reputable / regulated OTC boutique broker in that country, send the cash to new account 3. If still want to stay here, figure out how to declare so you can send back here and spend. Probably can try declare as capital gains and foreign derived income, non-taxable 4. If don't want stay here anymore, migrate like and pump the money there. |
|
|
Jun 6 2017, 02:30 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 02:30 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(hjffgjng @ Jun 6 2017, 02:24 PM) 1 btc = 10000 myr 100k myr is really not a lot10 btc is 100k myr if u dat rich,no need to bother lah,i bet riza aziz would just laugh at crypto Do you know you can hold 100k of cash with just one hand I've been thinking of venturing myself deeper into BTC but seriously its too much of a hassle and risk. Attached thumbnail(s) |
|
|
Jun 6 2017, 02:31 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 02:24 PM) Yep Bitcoin and commodity are so different that they're in two separate galaxies altogether dude.Bitcoin currently is a commodity rather than a currency The price goes up because people believe the price will go up In the end everyone is converting coins back to USD or EUROS for things And currently USA and CN is trying to make payments easier than ever, these dedicated digital currency will go nowhere. Why would I need bitcoin when I can pay for bills and my bowl of noodle using QR codes, and transaction can be done in China Yuan , secured and regulated |
|
|
Jun 6 2017, 02:32 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(xeda @ Jun 6 2017, 02:25 PM) It is NOT like commodity. But yeah how do you categorized it, it isn't currency anywayCommodity is widely used in actual real life by almost all businesses, you get actual tangible benefit from the commodity itself - e.g, sugar as a commodity is traded in HUGE volumes because businesses NEEDS it as a raw material - people don't NEED bitcoins. Businesses don't NEED bitcoins. Well, not yet I guess. And btw, commodity prices are mostly low - commodity is traded at high volume, bitcoin is the other way around, which poses a different set of risks altogether. And you can't say that it's precious metal like gold and silver, because gold and silver albeit limited, they are consumed in a lot of processes, mainly electronics or as catalysts Maybe there is a new term to define bitcoin |
|
|
Jun 6 2017, 02:32 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 02:30 PM) 100k myr is really not a lot yeaDo you know you can hold 100k of cash with just one hand I've been thinking of venturing myself deeper into BTC but seriously its too much of a hassle and risk. but bnm too busybody good thing bout bitcoin,u r your own bank,no one can freeze your bitcoin,doesnt matter if the coin come from halal/illegal source |
|
|
Jun 6 2017, 02:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
|
|
|
Jun 6 2017, 02:34 PM
|
![]() ![]()
Junior Member
163 posts Joined: Feb 2011 |
Parking first
|
|
|
Jun 6 2017, 02:36 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 02:32 PM) But yeah how do you categorized it, it isn't currency anyway At this point it's just speculation - I wouldn't call bitcoin an investment. People are speculating on bitcoins potential. And you can't say that it's precious metal like gold and silver, because gold and silver albeit limited, they are consumed in a lot of processes, mainly electronics or as catalysts Maybe there is a new term to define bitcoin Gotta be careful in putting your own hard cash into a speculation - it's always a high risk high reward thing. |
|
|
Jun 6 2017, 02:40 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(xeda @ Jun 6 2017, 02:36 PM) At this point it's just speculation - I wouldn't call bitcoin an investment. People are speculating on bitcoins potential. you could buy vpn servcies wif bitocinGotta be careful in putting your own hard cash into a speculation - it's always a high risk high reward thing. and oppresed venezuelan,who had no money, can convert bitcoin into food,is that still worthless by your count? |
|
|
Jun 6 2017, 02:40 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(hjffgjng @ Jun 6 2017, 02:24 PM) 1 btc = 10000 myr That's not rich, 600k won't even buy a house in a good location these days. Rich is like 100mil, that is rich maybe. And even then it's only 20mil+ USD.10 btc is 100k myr if u dat rich,no need to bother lah,i bet riza aziz would just laugh at crypto Foreign buying on KLSE yesterday was Rm189m |
|
|
Jun 6 2017, 02:40 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
23,688 posts Joined: Aug 2007 From: Outer Space |
heavensea
|
|
|
Jun 6 2017, 02:43 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(wodenus @ Jun 6 2017, 02:40 PM) That's not rich, 600k won't even buy a house in a good location these days. Rich is like 100mil, that is rich maybe. And even then it's only 20mil+ USD. https://www.reddit.com/r/ethereum/comments/...42o&sh=6f01b671Foreign buying on KLSE yesterday was Rm189m this guy 100m richer bcoz he bought it in 2014,are you gonna say he stupid bcoz he buy that lot? even he work entire life,he couldnt be milionaire for all we know now he can convert the eth slowly,to cash |
|
|
Jun 6 2017, 02:44 PM
|
![]() ![]()
Junior Member
57 posts Joined: Jan 2015 |
|
|
|
Jun 6 2017, 02:46 PM
|
![]()
Junior Member
48 posts Joined: Dec 2010 |
luckily i buyed sum just 3mths ago, nao moar than doubled, hehe
|
|
|
Jun 6 2017, 02:46 PM
Show posts by this member only | IPv6 | Post
#150
|
![]() ![]()
Junior Member
288 posts Joined: Nov 2013 From: Autonomous State of Sarawak |
ETH also up
|
|
|
Jun 6 2017, 02:47 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(mcko @ Jun 6 2017, 02:29 PM) 1. Open private bank account in other country that is crypto friendly (swiss, singapore) They will let you open one? you have no money, only the expected unrealized millions from BTC that might not even be there after the account is open. 2. Sell all in one shot using reputable / regulated OTC boutique broker in that country, send the cash to new account 3. If still want to stay here, figure out how to declare so you can send back here and spend. Probably can try declare as capital gains and foreign derived income, non-taxable 4. If don't want stay here anymore, migrate like and pump the money there. So if they let you open one, the next step is to send a few million dollars worth of bitcoin to a complete stranger in the hope that he will deposit a few million dollars in your account, am I right? |
|
|
Jun 6 2017, 02:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
|
|
|
Jun 6 2017, 02:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(hjffgjng @ Jun 6 2017, 02:43 PM) https://www.reddit.com/r/ethereum/comments/...42o&sh=6f01b671 How would that work in the Malaysian context?this guy 100m richer bcoz he bought it in 2014,are you gonna say he stupid bcoz he buy that lot? even he work entire life,he couldnt be milionaire for all we know now he can convert the eth slowly,to cash |
|
|
Jun 6 2017, 02:52 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(hjffgjng @ Jun 6 2017, 02:32 PM) yea so just as the saying goesbut bnm too busybody good thing bout bitcoin,u r your own bank,no one can freeze your bitcoin,doesnt matter if the coin come from halal/illegal source it's regulated currency vs non-regulated currency all over again. we can do it freely right now just because it ain't regulated in malaysia. unlike in united states, you have to pay tax for bitcoin capital gain, unlike in china, you can only trade bitcoin personally and all financial institutions are prohibited from trading or advising bitcoin trades i for once support regulating currency, so does more than half of the countries in this world This post has been edited by Subang Nuclear Reactor: Jun 6 2017, 02:53 PM |
|
|
Jun 6 2017, 02:52 PM
|
![]() ![]()
Junior Member
98 posts Joined: Jan 2003 From: Alpha Centauri |
QUOTE(wodenus @ Jun 6 2017, 02:47 PM) They will let you open one? you have no money, only the expected unrealized millions from BTC that might not even be there after the account is open. With your kind of attitude whatever also susah lahSo if they let you open one, the next step is to send a few million dollars worth of bitcoin to a complete stranger in the hope that he will deposit a few million dollars in your account, am I right? |
|
|
Jun 6 2017, 02:53 PM
Show posts by this member only | IPv6 | Post
#156
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
Genesis mining just restock their sha 65 contract. So hurry if u want freshly mint bitcoin
|
|
|
Jun 6 2017, 02:53 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 02:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,206 posts Joined: Jun 2006 |
QUOTE(a13solut3 @ Jun 6 2017, 02:32 PM) You will die if you use your CPU to mine ETH boss, i still remember u mining in 2015 time when btc 1k value, from 2015 to 2017 did you still continue mining via GPU, or now only start ETH?Besides that, only one CPU do mining will not be sufficient to farm any coin la lol. |
|
|
Jun 6 2017, 02:55 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(hjffgjng @ Jun 6 2017, 02:53 PM) i dunno They key word is "large volume". Apparently 600k is "large volume" in the local bitcoin scene. Which is interesting because in the regulated markets 600k is a negligible amount of volume i buy gold,or open bank akaun in other country i guess why u so concern wif liquidity if a person stumble large voulme oil/rseources/land,it will be hard for any joe schome to cash all of it too instant This post has been edited by wodenus: Jun 6 2017, 03:00 PM |
|
|
Jun 6 2017, 02:55 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 02:52 PM) so just as the saying goes but countries starting up to support bitcoin tooit's regulated currency vs non-regulated currency all over again. we can do it freely right now just because it ain't regulated in malaysia. unlike in united states, you have to pay tax for bitcoin capital gain, unlike in china, you can only trade bitcoin personally and all financial institutions are prohibited from trading or advising bitcoin trades i for once support regulating currency, so does more than half of the countries in this world like japan if japan could support decentralized,why not somebody else |
|
|
Jun 6 2017, 02:56 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
|
|
|
Jun 6 2017, 02:58 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 03:00 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(hjffgjng @ Jun 6 2017, 02:40 PM) you could buy vpn servcies wif bitocin VPN service? You don't need vpn service. Compared to other investment, yes it's worthless.and oppresed venezuelan,who had no money, can convert bitcoin into food,is that still worthless by your count? Oppressed Venezuelan who have no money would get bitcoin.....how? No money to buy food but he has bitcoin? Lel, stop trolling dude. |
|
|
Jun 6 2017, 03:04 PM
|
![]() ![]()
Junior Member
57 posts Joined: Jan 2015 |
|
|
|
Jun 6 2017, 03:05 PM
|
![]() ![]()
Junior Member
98 posts Joined: Jan 2003 From: Alpha Centauri |
QUOTE(wodenus @ Jun 6 2017, 02:56 PM) Alright frankly speaking, everyone should to do their own due dilligence and research before any action that involves any money. When dealing with such potential gains, it's best to travel out and meet the banks and brokers in person to see what arrangements can be done. If we are skeptical of them, they are equally skeptical of us as well. Unless your source of crypto cannot pass their AML/KYC vetting, that's another story |
|
|
Jun 6 2017, 03:09 PM
|
![]() ![]()
Junior Member
98 posts Joined: Jan 2003 From: Alpha Centauri |
QUOTE(hjffgjng @ Jun 6 2017, 02:58 PM) The market depth there won't be able to absorb 100 btc sell in one shot, maybe need to spread out over many trades to avoid slippage. Though their prices look very inviting (sometimes 200+ usd over bitstamp)Also Luno max per day cash withdrawal is RM300K for Lvl 3 verifieds. They "say" lah, but when crunch time comes, donno oh. coughNIGERIAcoughCOMPANYcough This post has been edited by mcko: Jun 6 2017, 03:11 PM |
|
|
Jun 6 2017, 03:11 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(hjffgjng @ Jun 6 2017, 02:55 PM) but countries starting up to support bitcoin too bitcoin is no banned in japan, but they arent treated as a currency, they are treated as an assetlike japan if japan could support decentralized,why not somebody else in other worlds, buying something with bitcoin in japan is like the barter system USA, the european union, and China are all finding ways to regulate bitcoins there are researches going on at chinese universities regarding the blockchain the EU members are having meetings trying to control cryptocurrency all because of what you said, they couldn't, or hardly able track the transaction This post has been edited by Subang Nuclear Reactor: Jun 6 2017, 03:12 PM |
|
|
Jun 6 2017, 03:11 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(xeda @ Jun 6 2017, 03:00 PM) VPN service? You don't need vpn service. Compared to other investment, yes it's worthless. they have cheap(acording lejen near free) electricityOppressed Venezuelan who have no money would get bitcoin.....how? No money to buy food but he has bitcoin? Lel, stop trolling dude. http://www.fsunews.com/story/life/2017/04/...nomy/100259798/ http://reason.com/archives/2016/11/28/the-...gerous-world-of http://www.aljazeera.com/indepth/features/...5124105593.html https://www.washingtonpost.com/news/worldvi...o-shut-it-down/ am i still trollin dude? |
|
|
Jun 6 2017, 03:13 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,616 posts Joined: Dec 2013 |
many buntut sakit.🐨
|
|
|
Jun 6 2017, 03:14 PM
Show posts by this member only | IPv6 | Post
#170
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
QUOTE(xeda @ Jun 6 2017, 03:00 PM) VPN service? You don't need vpn service. Compared to other investment, yes it's worthless. I would like to correct u. The Venezuelan has few way. One those working oversea can exchange foreign currency for bitcoin before remit back to family members account , 2 set up mining rig although getting risk arrested 3. Buy mining contract for those can afford it. They have no option. Their government imposed limit on how much they can withdraw from own account , their supermarket is open for few hour and no guarantee any food or thing to be sold besides too expensive . Those who can buy from black marketOppressed Venezuelan who have no money would get bitcoin.....how? No money to buy food but he has bitcoin? Lel, stop trolling dude. |
|
|
Jun 6 2017, 03:15 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 03:11 PM) bitcoin is no banned in japan, but they arent treated as a currency, they are treated as an asset and pretty much everybody in bitcoin reject itin other worlds, buying something with bitcoin in japan is like the barter system USA, the european union, and China are all finding ways to regulate bitcoins there are researches going on at chinese universities regarding the blockchain the EU members are having meetings trying to control cryptocurrency all because of what you said, they couldn't, or hardly able track the transaction its the feature of bitcoin,why they all wanna make it another bank well for now,at least japan siding wif em |
|
|
Jun 6 2017, 03:18 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(hjffgjng @ Jun 6 2017, 03:15 PM) and pretty much everybody in bitcoin reject it you're wrongits the feature of bitcoin,why they all wanna make it another bank well for now,at least japan siding wif em half of those, or more than half is in bitcoin just for the money, they make money, they convert it to regularized currency and spend it there's less than one tenth of bitcoin holder aiming to use bitcoin like how it was projected to be used. all in all, it's an investment, it isnt a currency |
|
|
Jun 6 2017, 03:18 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
Jun 6 2017, 04:04 PM |
|
|
|
|
|
Jun 6 2017, 03:21 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(Spectreoutreach @ Jun 6 2017, 03:14 PM) I would like to correct u. The Venezuelan has few way. One those working oversea can exchange foreign currency for bitcoin before remit back to family members account , 2 set up mining rig although getting risk arrested 3. Buy mining contract for those can afford it. They have no option. Their government imposed limit on how much they can withdraw from own account , their supermarket is open for few hour and no guarantee any food or thing to be sold besides too expensive . Those who can buy from black market I'm not talking about Venezuelan investors - I'm talking about specifically about his stupid example of a hungry Venezuelan.If a Venezuelan is hungry and has no money, he can use bitcoins to buy food. Do you not see the stupidity in that sentence? If a Venezuelan is hungry and has no money, how the heck is he supposed to have bitcoin to begin with? And if he is hungry and he has money, why the heck would he change it to bitcoin to buy food? |
|
|
Jun 6 2017, 03:25 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(xeda @ Jun 6 2017, 03:18 PM) Nope, you're not trolling. Just stupid. I don't blame you for being stupid though. did u read link i give to you??Here's something for you to think for a second - why would a hungry Venezuelan spend his time (cost - he could be doing something else other than mining) mining for bitcoins, building his PC (cost), paying for electricity (cost too no matter how cheap it is), and bear the risk of the government invalidating all his bitcoin just so he can buy food? If the hungry Venezuelan had real cold hard cash and he's hungry, he's better off just using that cash to buy food. Hence your example is worthless. Investing is not as simple as "oh shit that thing is going up in value/price" or "everyone is going on the bandwagon" or "a bunch of people are doing it", as there's so many other factors to consider when investing - jumping on an investment during such a run is a recipe for disaster if you're not planning properly. A hungry Venezuelan is definitely not proper planning. Lel. there is venezuela stealin free electricty,and they mined it QUOTE(xeda @ Jun 6 2017, 03:18 PM) how the fuck the govt gonna invalidate bitcoin???they started became bad recently,some of managed to get asic miner prior if they had hard cash,why the fuck they need to buy bitcoin again??this one i agree wif you.........bcoz they r mining it |
|
|
Jun 6 2017, 03:26 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(xeda @ Jun 6 2017, 03:21 PM) Do you not see the stupidity in that sentence? If a Venezuelan is hungry and has no money, how the heck is he supposed to have bitcoin to begin with? And if he is hungry and he has money, why the heck would he change it to bitcoin to buy food? |
|
|
Jun 6 2017, 03:31 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
Jun 6 2017, 04:05 PM |
|
|
|
|
|
Jun 6 2017, 03:31 PM
Show posts by this member only | IPv6 | Post
#178
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
QUOTE(xeda @ Jun 6 2017, 03:21 PM) I'm not talking about Venezuelan investors - I'm talking about specifically about his stupid example of a hungry Venezuelan. I already give out 3 real life example so that argument is invalid. . Do you know how much the cost of food, medicine, phone in Venezuela black market?If a Venezuelan is hungry and has no money, he can use bitcoins to buy food. Do you not see the stupidity in that sentence? If a Venezuelan is hungry and has no money, how the heck is he supposed to have bitcoin to begin with? And if he is hungry and he has money, why the heck would he change it to bitcoin to buy food? This post has been edited by Spectreoutreach: Jun 6 2017, 03:35 PM |
|
|
Jun 6 2017, 03:36 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(xeda @ Jun 6 2017, 03:31 PM) Lol, and mining bitcoin is FREE? You don't need to buy the computer to mine it? Buying a computer to mine bitcoin doesn't use MONEY? not all venezulea that bad luck,they still alive till now,they must get food water from somewhereAre you seriously that dumb? If a Venezuelan has money to buy a computer and he's hungry - again, why the hell would he buy a computer to mine the bitcoin and pay for food using the bitcoin when he can just use actual money to buy food? Sheesh. and it hast been a decade since they spiral down,they still can sell car,tv,shoes whateva.......any fortune grandma left u rely disregard all the news site who reporting???i dont made this thing up,go read from reddit.............u truly believe in all entirety of venezeulan land,theres not a single machine mining crypto??? or they could just use their old machine back when venezuela still ok |
|
|
Jun 6 2017, 03:40 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(Spectreoutreach @ Jun 6 2017, 03:31 PM) I already give out 3 real life example so that argument is invalid. . Do you know how much the cost of food, medicine, phone in Venezuela black market? Wasn't trying to argue with you as my earlier argument was with the dumbass who suggested that a hungry Venezuelan with no money should use bitcoin to buy food, but since you want an argument, well now, here's a question to you -Do you actually live in Venezuela? Oh wait....you live in Malaysia. So why would it matter to you - an individual with bitcoin in Malaysia, how bitcoin is being used in Venezuela? Before you even try to say "it matters because I can sell bitcoins to them and they can use it" - I'm going to say why the fuck would a Venezuelan BUYS bitcoins from you with REAL MONEY (assuming he has REAL MONEY) just so he can spend bitcoin in Venezuela, instead of just using his real money? |
|
|
Jun 6 2017, 03:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
QUOTE(ar188 @ Jun 6 2017, 02:54 PM) boss, i still remember u mining in 2015 time when btc 1k value, from 2015 to 2017 did you still continue mining via GPU, or now only start ETH? I mined BTC last time then I just keep rolling over my fund until now through Poloniex.Just started mining ETH using GPU again recently as I see that it is a good time to jump in now. Easier to resell the mining rigs in future as well as all parts are salvageable. Just tweaking and testing very time consuming at beginning. |
|
|
Jun 6 2017, 03:43 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(hjffgjng @ Jun 6 2017, 03:36 PM) not all venezulea that bad luck,they still alive till now,they must get food water from somewhere Just now you said a hungry Venezuelan with no money, now you're talking about Venezuelan with a mining machine from years ago. Make up your mind. If a Venezuelan has mining machine from years ago means he HAS money and he is not hungry. and it hast been a decade since they spiral down,they still can sell car,tv,shoes whateva.......any fortune grandma left u rely disregard all the news site who reporting???i dont made this thing up,go read from reddit.............u truly believe in all entirety of venezeulan land,theres not a single machine mining crypto??? or they could just use their old machine back when venezuela still ok And now you're saying they should sell their car and buy/mine bitcoin with the money they get from selling their car and then use bitcoin to buy food? Seriously? Lel. |
|
|
Jun 6 2017, 03:43 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
|
|
|
Jun 6 2017, 03:45 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 03:48 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
QUOTE(xeda @ Jun 6 2017, 03:40 PM) Wasn't trying to argue with you as my earlier argument was with the dumbass who suggested that a hungry Venezuelan with no money should use bitcoin to buy food, but since you want an argument, well now, here's a question to you - http://money.cnn.com/2017/05/03/news/econo...ices/index.html By using this site, you agree to the Privacy Policy and Terms of Service.Do you actually live in Venezuela? Oh wait....you live in Malaysia. So why would it matter to you - an individual with bitcoin in Malaysia, how bitcoin is being used in Venezuela? Before you even try to say "it matters because I can sell bitcoins to them and they can use it" - I'm going to say why the fuck would a Venezuelan BUYS bitcoins from you with REAL MONEY (assuming he has REAL MONEY) just so he can spend bitcoin in Venezuela, instead of just using his real money? International + 0:00 Venezuelans are losing weight amid food shortages, skyrocketing prices By Stefano Pozzebon and Patrick Gillespie May 3, 2017: 10:47 AM ET Mariana Mejias can't afford to buy a bag of rice in Venezuela. She lives in Mariche, an extremely poor neighborhood in the country's capital, Caracas, which suffers from severe food and medical shortages like the rest of the country. If the government doesn't provide a subsidized monthly bag of food, Mejias would go hungry. Skyrocketing prices have made food at her local market prohibitive. The monthly food bag, worth 10,000 bolivares ($2.25), includes rice, milk, pasta, beans and a few other items. A bag of rice at Mejias' local store goes for 8,000 bolivares -- out of reach for her monthly income of 219,000 bolivares or $49 on the unofficial but often used exchange rate calculated by dolartoday.com. "Things are horrible here, I don't know how people are even surviving," says Mejias, a 62-year-old house cleaner who earns minimum wage plus a government pension. Related: GM officially leaves Venezuela Venezuela's socialist government, led by President Nicolas Maduro, raised the minimum wage 60% on Sunday to 200,021 bolivares ($45) a month, including food stamps. But that won't buy much at the supermarket. In March, a basket of basic grocery items -- including eggs, milk and fruit -- cost 772,614 bolivares, or close to four times the monthly minimum wage, according to the Venezuela-based Center of Social Analysis and Documentation, or CENDAS in the Spanish acronym. Food shortages and soaring prices have led to troubling results. Last year, the average Venezuelan living in extreme poverty lost about 19 pounds due to the lack of food. Many of its citizens had to skip meals, according to a national poll. Related: Venezuela raises minimum wage 60% The food crisis is worsening as Venezuela dives deeper into chaos. On Monday, Maduro issued a decree that may allow his party to rewrite the country's constitution more to its liking. On Tuesday, Maduro suspended Venezeulans' right to carry firearms as weeks of anti-government protests stretch into the spring. Amid the political chaos, food price hikes are staggering. A carton of 30 eggs cost 9,600 bolivares in March, up from 1,180 bolivares in March 2015, CENDAS reports. "Food prices have gone sky high and the minimum wage is not enough for basic needs," says Eugenia Morin, 59, who describes herself as a middle-class housewife. She protested against Maduro on Tuesday. While the 60% minimum wage hike may sound significant, inflation is expected to rise 720% this year and over 2,000% next year, according to the IMF. One bolivar is worth less than one cent. Prices for basics are skyrocketing each month. Compared to February, prices in March for milk and cheese rose 33%, meat 19%, fish 17% and fruits 14%. Even mayonnaise cost 11% more. Related: Venezuela only has $10 billion left That's only the beginning. For toiletries the increases are even worse. Deodorant prices shot up 93% in March from February; detergent 62%; shaving razors 53%; toilet paper 27%. Venezuelans either face food and toiletry shortages at supermarkets with empty shelves -- or skyrocketing prices for whatever items are available. Medical shortages also illustrate the country's humanitarian crisis. "If you need to have an operation, nowadays, you must bring your own medicines to the hospital," adds Morin, the housewife. "There are no supplies to attend the most basic emergencies." Related: Cash-strapped Venezuela gave $500k to Trump's inauguration Food shortages are the result of the government's long running policies. It focused on exporting oil and largely abandoned its abundant farmland. The government started importing the vast majority of food for its citizens. But even when oil prices were high, that policy was barely sustainable -- food shortages starting popping up when oil was worth over $100 a barrel. But with oil now hovering around $50 a barrel, Maduro's administration can't afford to import enough food and also pay down its debts to foreign creditors. For now, it's prioritized debt payments over shipping in food. That end result: rising hunger and no visibility of where the next meal will come from. One Venezuelan spent hours on Tuesday morning in Caracas waiting for a grocery store to open, hoping to buy food. The 60-year old man, who declined to give his name, wasn't hopeful he'd be able to buy food. "Nobody knows what's going to arrive or what we could find inside. So we queue almost every day of the week, losing time and working hours to look for food," he said. May 03 CARACAS Focus on last paragraph please |
|
|
Jun 6 2017, 03:50 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
|
|
|
Jun 6 2017, 03:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,599 posts Joined: Jun 2009 From: MYBoleh.NET |
Can buy MacBook pro cash
|
|
|
Jun 6 2017, 03:52 PM
Show posts by this member only | IPv6 | Post
#188
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
QUOTE(xeda @ Jun 6 2017, 03:43 PM) Just now you said a hungry Venezuelan with no money, now you're talking about Venezuelan with a mining machine from years ago. Make up your mind. If a Venezuelan has mining machine from years ago means he HAS money and he is not hungry. Why are you so angry. You didn't answer my questions on how food prices. Etc. You even didn't at lest find out using Google . Yes it's matter to me. I looking at possibility that our country might end up that so I can learn from it. Of course that's those not matter to u anywayAnd now you're saying they should sell their car and buy/mine bitcoin with the money they get from selling their car and then use bitcoin to buy food? Seriously? Lel. |
|
|
Jun 6 2017, 03:53 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(Spectreoutreach @ Jun 6 2017, 03:48 PM) http://money.cnn.com/2017/05/03/news/econo...ices/index.html By using this site, you agree to the Privacy Policy and Terms of Service. Copy and paste without even answering my question.International + 0:00 Venezuelans are losing weight amid food shortages, skyrocketing prices By Stefano Pozzebon and Patrick Gillespie May 3, 2017: 10:47 AM ET Mariana Mejias can't afford to buy a bag of rice in Venezuela. She lives in Mariche, an extremely poor neighborhood in the country's capital, Caracas, which suffers from severe food and medical shortages like the rest of the country. If the government doesn't provide a subsidized monthly bag of food, Mejias would go hungry. Skyrocketing prices have made food at her local market prohibitive. The monthly food bag, worth 10,000 bolivares ($2.25), includes rice, milk, pasta, beans and a few other items. A bag of rice at Mejias' local store goes for 8,000 bolivares -- out of reach for her monthly income of 219,000 bolivares or $49 on the unofficial but often used exchange rate calculated by dolartoday.com. "Things are horrible here, I don't know how people are even surviving," says Mejias, a 62-year-old house cleaner who earns minimum wage plus a government pension. Related: GM officially leaves Venezuela Venezuela's socialist government, led by President Nicolas Maduro, raised the minimum wage 60% on Sunday to 200,021 bolivares ($45) a month, including food stamps. But that won't buy much at the supermarket. In March, a basket of basic grocery items -- including eggs, milk and fruit -- cost 772,614 bolivares, or close to four times the monthly minimum wage, according to the Venezuela-based Center of Social Analysis and Documentation, or CENDAS in the Spanish acronym. Food shortages and soaring prices have led to troubling results. Last year, the average Venezuelan living in extreme poverty lost about 19 pounds due to the lack of food. Many of its citizens had to skip meals, according to a national poll. Related: Venezuela raises minimum wage 60% The food crisis is worsening as Venezuela dives deeper into chaos. On Monday, Maduro issued a decree that may allow his party to rewrite the country's constitution more to its liking. On Tuesday, Maduro suspended Venezeulans' right to carry firearms as weeks of anti-government protests stretch into the spring. Amid the political chaos, food price hikes are staggering. A carton of 30 eggs cost 9,600 bolivares in March, up from 1,180 bolivares in March 2015, CENDAS reports. "Food prices have gone sky high and the minimum wage is not enough for basic needs," says Eugenia Morin, 59, who describes herself as a middle-class housewife. She protested against Maduro on Tuesday. While the 60% minimum wage hike may sound significant, inflation is expected to rise 720% this year and over 2,000% next year, according to the IMF. One bolivar is worth less than one cent. Prices for basics are skyrocketing each month. Compared to February, prices in March for milk and cheese rose 33%, meat 19%, fish 17% and fruits 14%. Even mayonnaise cost 11% more. Related: Venezuela only has $10 billion left That's only the beginning. For toiletries the increases are even worse. Deodorant prices shot up 93% in March from February; detergent 62%; shaving razors 53%; toilet paper 27%. Venezuelans either face food and toiletry shortages at supermarkets with empty shelves -- or skyrocketing prices for whatever items are available. Medical shortages also illustrate the country's humanitarian crisis. "If you need to have an operation, nowadays, you must bring your own medicines to the hospital," adds Morin, the housewife. "There are no supplies to attend the most basic emergencies." Related: Cash-strapped Venezuela gave $500k to Trump's inauguration Food shortages are the result of the government's long running policies. It focused on exporting oil and largely abandoned its abundant farmland. The government started importing the vast majority of food for its citizens. But even when oil prices were high, that policy was barely sustainable -- food shortages starting popping up when oil was worth over $100 a barrel. But with oil now hovering around $50 a barrel, Maduro's administration can't afford to import enough food and also pay down its debts to foreign creditors. For now, it's prioritized debt payments over shipping in food. That end result: rising hunger and no visibility of where the next meal will come from. One Venezuelan spent hours on Tuesday morning in Caracas waiting for a grocery store to open, hoping to buy food. The 60-year old man, who declined to give his name, wasn't hopeful he'd be able to buy food. "Nobody knows what's going to arrive or what we could find inside. So we queue almost every day of the week, losing time and working hours to look for food," he said. May 03 CARACAS Focus on last paragraph please Typical sheep that can't think for yourself. |
|
|
Jun 6 2017, 03:53 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(xeda @ Jun 6 2017, 03:50 PM) lolwhere your long long point bitcoin is godsent to venezula blackmarket...........wif hard cash ,they might not be so lucky,everhting restricted wif bitcoin they can buy on the net it just wasnt dawn on you that people could just donate that bitcoin to their citizen,who sympathy wif em |
|
|
Jun 6 2017, 03:54 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(Spectreoutreach @ Jun 6 2017, 03:52 PM) Why are you so angry. You didn't answer my questions on how food prices. Etc. You even didn't at lest find out using Google . Yes it's matter to me. I looking at possibility that our country might end up that so I can learn from it. Of course that's those not matter to u anyway Ah so you're thinking Malaysia is going to be like Venezuela? Really? Okay dude, if that's what you think then by all means go ahead and throw all your money in bitcoins. |
|
|
Jun 6 2017, 03:56 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(hjffgjng @ Jun 6 2017, 03:53 PM) lol with USD, they can also buy from the netwhere your long long point bitcoin is godsent to venezula blackmarket...........wif hard cash ,they might not be so lucky,everhting restricted wif bitcoin they can buy on the net it just wasnt dawn on you that people could just donate that bitcoin to their citizen,who sympathy wif em and we can also send euro to them, they can even buy nike with euro why would i send bitcoin, and then they convert the bitcoin to euro and buy nike ? |
|
|
Jun 6 2017, 03:57 PM
Show posts by this member only | IPv6 | Post
#193
|
![]() ![]() ![]() ![]()
Senior Member
629 posts Joined: Mar 2010 |
QUOTE(win2000 @ Jun 6 2017, 03:37 PM) For BT, GC just dont cut it.you need an asic antminer s9 x 2 , im not really sure whats the probrability now, last it was 0.3 btc per month? cost usd2k per asic miner maybe mroe, needs to buy a separate power supply with at least 1600w and you have to factor in the electricity cost, need some sort of cooling and ventilation in the room that your mining and also its very very loud. |
|
|
Jun 6 2017, 03:57 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(hjffgjng @ Jun 6 2017, 03:53 PM) lol I've said all my points but sadly you can't comprehend them so no point arguing with you anymore and man, what cancerous English.where your long long point bitcoin is godsent to venezula blackmarket...........wif hard cash ,they might not be so lucky,everhting restricted wif bitcoin they can buy on the net it just wasnt dawn on you that people could just donate that bitcoin to their citizen,who sympathy wif em Still, what happens in Venezuela is not going to make you any richer here, lel. |
|
|
Jun 6 2017, 03:57 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 03:56 PM) with USD, they can also buy from the net how the fuck u gonna send usd there???and we can also send euro to them, they can even buy nike with euro why would i send bitcoin, and then they convert the bitcoin to euro and buy nike ? even tourist got robbed by their citizen |
|
|
Jun 6 2017, 03:58 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(Subang Nuclear Reactor @ Jun 6 2017, 03:56 PM) with USD, they can also buy from the net Don't bother. In his mind, there's only one cold hard cash currency and that is Venezuelan bolivar.and we can also send euro to them, they can even buy nike with euro why would i send bitcoin, and then they convert the bitcoin to euro and buy nike ? It's obvious he's a bitcoin die hard fan. |
|
|
Jun 6 2017, 03:59 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 03:59 PM
|
![]() ![]()
Junior Member
165 posts Joined: Dec 2015 From: Sydney/ Shanghai/ KL |
QUOTE(hjffgjng @ Jun 6 2017, 03:57 PM) dude can just create and paypal and i send to himdude can just create an alipay or wechat account and i send to him if he has internet to do transaction in bitcoin, he has internet to do transaction in any currency |
|
|
Jun 6 2017, 04:01 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
Jun 6 2017, 04:03 PM |
|
|
|
|
|
Jun 6 2017, 04:02 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(xeda @ Jun 6 2017, 03:57 PM) I've said all my points but sadly you can't comprehend them so no point arguing with you anymore and man, what cancerous English. lol,this is k,mangrish expectedQUOTE(xeda @ Jun 6 2017, 03:57 PM) I've said all my points but sadly you can't comprehend them so no point arguing with you anymore and man, what cancerous English. but now u know there is a point rite,alteast one,wif this crypto,lolStill, what happens in Venezuela is not going to make you any richer here, lel. QUOTE(xeda @ Jun 6 2017, 03:43 PM) And now you're saying they should sell their car and buy/mine bitcoin with the money they get from selling their car and then use bitcoin to buy food? Seriously? Lel. but if they obtain a "money printer",they could survived for months,lel |
|
|
Jun 6 2017, 04:07 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(hjffgjng @ Jun 6 2017, 04:02 PM) lol,this is k,mangrish expected I honestly can't understand a thing you're trying to say there.but now u know there is a point rite,alteast one,wif this crypto,lol well,if they blow their all their car on foods,they could survived for weeks but if they obtain a "money printer",they could survived for months,lel Seriously dude. English lessons or just use Malay if your Malay is better. |
|
|
Jun 6 2017, 04:18 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(xeda @ Jun 6 2017, 04:07 PM) I honestly can't understand a thing you're trying to say there. Seriously dude. English lessons or just use Malay if your Malay is better. QUOTE(xeda @ Jun 6 2017, 04:01 PM) Yo, dumbass - any place that accepts bitcoin will have the technology to accept USD/EUR/any godforsaken currency in this world electronically too. Therefore the person will not be robbed. Are you really that dumb? Geez. maduro is controlling banks rite nowhttp://in.reuters.com/article/venezuela-ce...k-idINKBN155056 even bitcoin he want to control it too, but it decentralized https://www.forbes.com/sites/realspin/2017/...n/#702f8d7b19b2 "many Venezuelans are turning to Bitcoin as an alternative. Humanitarians can donate Bitcoin to those in need, who can then use Bitcoin to buy Amazon gift cards, then purchase goods through the online retailer. One of the biggest strengths to Bitcoin, and one often ignored in developed nations such as the United States, is that you don’t need to have a physical bank account to send and receive Bitcoin. All you need is an Internet connection, which many Venezuelans have in the form of mobile phones. This lowers the bar for Venezuelans seeking relief, allowing them to receive Bitcoin through their phone and use that money for desperately needed goods. Some companies in Venezuela are even exclusively accepting payment in Bitcoin Another major positive to Bitcoin for a country in disarray is that its government can’t control the value of it. " https://news.vice.com/article/unable-to-get...urn-to-bitcoins Currency controls imposed by the late Hugo Chavez in 2003 and maintained under his successor Nicolas Maduro make it difficult for Venezuelans to exchange bolivares for US dollars and other foreign currencies. Since then, the only legal method for Venezuelans to get US dollars is through a government agency To secure those imports, people often need dollars — which are held by the government. If you can persuade the government that you're importing necessities like food or medicine, the exchange rate is 6.3 bolivares to $1, the Venezuelan business professor said. For less necessary goods, the government will exchange 11 bolivares per $1 in an auction-type process, but that doesn't cover all goods. Because the government runs these exchanges, it reserves the right to reject any requests for changing money as it sees fit. |
|
|
Jun 6 2017, 04:19 PM
|
![]() ![]()
Junior Member
58 posts Joined: Apr 2016 |
dont fall to the system ..
later collapse all go 14th floor |
|
|
Jun 6 2017, 04:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
QUOTE(hjffgjng @ Jun 6 2017, 05:18 PM) maduro is controlling banks rite now fuuu the last article really ganas yo...http://in.reuters.com/article/venezuela-ce...k-idINKBN155056 even bitcoin he want to control it too, but it decentralized https://www.forbes.com/sites/realspin/2017/...n/#702f8d7b19b2 "many Venezuelans are turning to Bitcoin as an alternative. Humanitarians can donate Bitcoin to those in need, who can then use Bitcoin to buy Amazon gift cards, then purchase goods through the online retailer. One of the biggest strengths to Bitcoin, and one often ignored in developed nations such as the United States, is that you don’t need to have a physical bank account to send and receive Bitcoin. All you need is an Internet connection, which many Venezuelans have in the form of mobile phones. This lowers the bar for Venezuelans seeking relief, allowing them to receive Bitcoin through their phone and use that money for desperately needed goods. Some companies in Venezuela are even exclusively accepting payment in Bitcoin Another major positive to Bitcoin for a country in disarray is that its government can’t control the value of it. " https://news.vice.com/article/unable-to-get...urn-to-bitcoins Currency controls imposed by the late Hugo Chavez in 2003 and maintained under his successor Nicolas Maduro make it difficult for Venezuelans to exchange bolivares for US dollars and other foreign currencies. Since then, the only legal method for Venezuelans to get US dollars is through a government agency To secure those imports, people often need dollars — which are held by the government. If you can persuade the government that you're importing necessities like food or medicine, the exchange rate is 6.3 bolivares to $1, the Venezuelan business professor said. For less necessary goods, the government will exchange 11 bolivares per $1 in an auction-type process, but that doesn't cover all goods. Because the government runs these exchanges, it reserves the right to reject any requests for changing money as it sees fit. gomen lockdown ur currency tak bagi capital flight....in the end economy implode and crumble within.....rakyat suffer |
|
|
Jun 6 2017, 04:24 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(max_cavalera @ Jun 6 2017, 04:20 PM) fuuu the last article really ganas yo... in redditgomen lockdown ur currency tak bagi capital flight....in the end economy implode and crumble within.....rakyat suffer all they say the best way to help venezula is,get out em from that country its literally abandon titanic |
|
|
Jun 6 2017, 04:24 PM
Show posts by this member only | IPv6 | Post
#206
|
![]() ![]() ![]() ![]()
Senior Member
629 posts Joined: Mar 2010 |
|
|
|
Jun 6 2017, 04:24 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
Oi fellow millionaire
Help ayam here to get rich how leh? LUNO need to wait verification Me planning go genesis mining start with ETH or BTC first??? |
|
|
Jun 6 2017, 04:43 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
|
|
|
Jun 6 2017, 04:44 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
740 posts Joined: May 2007 From: Land of Smiles. |
QUOTE(hjffgjng @ Jun 6 2017, 04:18 PM) maduro is controlling banks rite now Try to read the article and apply some common sense, will you? http://in.reuters.com/article/venezuela-ce...k-idINKBN155056 even bitcoin he want to control it too, but it decentralized https://www.forbes.com/sites/realspin/2017/...n/#702f8d7b19b2 "many Venezuelans are turning to Bitcoin as an alternative. Humanitarians can donate Bitcoin to those in need, who can then use Bitcoin to buy Amazon gift cards, then purchase goods through the online retailer. One of the biggest strengths to Bitcoin, and one often ignored in developed nations such as the United States, is that you don’t need to have a physical bank account to send and receive Bitcoin. All you need is an Internet connection, which many Venezuelans have in the form of mobile phones. This lowers the bar for Venezuelans seeking relief, allowing them to receive Bitcoin through their phone and use that money for desperately needed goods. Some companies in Venezuela are even exclusively accepting payment in Bitcoin Another major positive to Bitcoin for a country in disarray is that its government can’t control the value of it. " https://news.vice.com/article/unable-to-get...urn-to-bitcoins Currency controls imposed by the late Hugo Chavez in 2003 and maintained under his successor Nicolas Maduro make it difficult for Venezuelans to exchange bolivares for US dollars and other foreign currencies. Since then, the only legal method for Venezuelans to get US dollars is through a government agency To secure those imports, people often need dollars — which are held by the government. If you can persuade the government that you're importing necessities like food or medicine, the exchange rate is 6.3 bolivares to $1, the Venezuelan business professor said. For less necessary goods, the government will exchange 11 bolivares per $1 in an auction-type process, but that doesn't cover all goods. Because the government runs these exchanges, it reserves the right to reject any requests for changing money as it sees fit. The article says the government controls the exchange rate between bolivar and USD - it doesn't say that the government controls the flow of USD in/out of Venezuela, and honestly there is no way for a government to control the flow of currency - normal currencies are also easily obtained in Venezuela as long as you do it electronically - again, if a place/person has a way to receive bitcoin and shops accepts bitcoins, the same person/shop will also accept USD or other currency electronically. |
|
|
Jun 6 2017, 04:47 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 04:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land |
|
|
|
Jun 6 2017, 04:50 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Jun 6 2017, 04:54 PM
|
![]() ![]()
Junior Member
58 posts Joined: Apr 2016 |
|
|
|
Jun 6 2017, 04:56 PM
|
![]() ![]()
Junior Member
58 posts Joined: Apr 2016 |
|
|
|
Jun 6 2017, 05:02 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(TheReaderReads @ Jun 6 2017, 04:50 PM) I lepak here on a daily if not hourly basis.https://www.reddit.com/r/ethtrader Don't just pour money into this blindly, research and learn at your own pace. Stay up to date with the ongoing events. Listen to these crypto podcasts when you commute daily to school/work - Unchained - The Bitcoin Podcast - Epicenter - Ether Review - State Change - The Crypto Show - Let's Talk Bitcoin Allow me to reiterate, ETH at $257 now is still cheap. Believe it or not. |
|
|
Jun 6 2017, 05:08 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
QUOTE(WooTz @ Jun 6 2017, 05:02 PM) I lepak here on a daily if not hourly basis. so... from your POV, ETH is a great buyhttps://www.reddit.com/r/ethtrader Don't just pour money into this blindly, research and learn at your own pace. Stay up to date with the ongoing events. Listen to these crypto podcasts when you commute daily to school/work - Unchained - The Bitcoin Podcast - Epicenter - Ether Review - State Change - The Crypto Show - Let's Talk Bitcoin Allow me to reiterate, ETH at $257 now is still cheap. Believe it or not. I will just follow the experts since I am a late bloomer here in this industry miss out on the bull run hope I dun miss further more |
|
|
Jun 6 2017, 05:11 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(TheReaderReads @ Jun 6 2017, 05:08 PM) so... from your POV, ETH is a great buy You miss out on our flash sale just over a week ago.I will just follow the experts since I am a late bloomer here in this industry miss out on the bull run hope I dun miss further more We went as low as $110! What a bargain Don't worry, plenty of such sale will occur as we ascend towards the moon. Buy half now, standby half for future sale. Hodl(never sell) at least a year from now |
|
|
Jun 6 2017, 05:11 PM
Show posts by this member only | IPv6 | Post
#218
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(WooTz @ Jun 6 2017, 05:02 PM) I lepak here on a daily if not hourly basis. could u explain to me why they wanna keep on adding the coins without mining and then to facilitate transaction for all these banks and corporation they need stable value. stability is usually very dead and non volatile type.https://www.reddit.com/r/ethtrader Don't just pour money into this blindly, research and learn at your own pace. Stay up to date with the ongoing events. Listen to these crypto podcasts when you commute daily to school/work - Unchained - The Bitcoin Podcast - Epicenter - Ether Review - State Change - The Crypto Show - Let's Talk Bitcoin Allow me to reiterate, ETH at $257 now is still cheap. Believe it or not. while this thing has been at least volatile for 10% daily I think. so contradictory here |
|
|
Jun 6 2017, 05:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(AllnGap @ Jun 6 2017, 05:11 PM) could u explain to me why they wanna keep on adding the coins without mining and then to facilitate transaction for all these banks and corporation they need stable value. stability is usually very dead and non volatile type. Sorry what are you referring to exactly?while this thing has been at least volatile for 10% daily I think. so contradictory here Ethereum tokens? |
|
|
Jun 6 2017, 05:15 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
|
|
|
Jun 6 2017, 05:22 PM
Show posts by this member only | IPv6 | Post
#221
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(WooTz @ Jun 6 2017, 05:12 PM) I dunno what u call them. token or whatI studied everything from gold bars, gold price, paper gold pricing and a lot of things. physical gold is fixed supply, there is only that much on earth. gold price we see there includes futures contract or paper gold. so they can manipulate as much as they want because u do not need physical to sell. bitcoin has a fixed supply. 21mil of them, that's why the price goes up ETH however is not, adding around 17% supply yearly that sort of thing ? corporations support this ETH for payments and such, due to low fees. thing is I also read that it's designed for stability. means not supposed to be volatile. if it swings 10% daily then defeats the purpose of stability. so by right expanding the token amount helps to buffer the additional demand or make it stable. 10% daily swing is not stable at all. and for corporations all they gotta do is just pinch out 10% of the cash holding to stack in ETH and I guarantee it will be a few folds what we see here. so the 'stability' is a con job |
|
|
Jun 6 2017, 05:24 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
QUOTE(WooTz @ Jun 6 2017, 05:11 PM) You miss out on our flash sale just over a week ago. DAFUGGGGGG!!!We went as low as $110! What a bargain Don't worry, plenty of such sale will occur as we ascend towards the moon. Buy half now, standby half for future sale. Hodl(never sell) at least a year from now This post has been edited by TheReaderReads: Jun 6 2017, 05:27 PM |
|
|
Jun 6 2017, 05:27 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Jun 6 2017, 05:28 PM
|
![]() ![]() ![]()
Junior Member
343 posts Joined: Sep 2007 |
QUOTE(WooTz @ Jun 6 2017, 05:02 PM) I lepak here on a daily if not hourly basis. hi wootz, what is your current projection for ethereum? what do you think of other cryptocurriences?https://www.reddit.com/r/ethtrader Don't just pour money into this blindly, research and learn at your own pace. Stay up to date with the ongoing events. Listen to these crypto podcasts when you commute daily to school/work - Unchained - The Bitcoin Podcast - Epicenter - Ether Review - State Change - The Crypto Show - Let's Talk Bitcoin Allow me to reiterate, ETH at $257 now is still cheap. Believe it or not. |
|
|
Jun 6 2017, 05:28 PM
|
![]()
Junior Member
42 posts Joined: Feb 2013 From: Putrajaya |
thread almost derailed to Venezuelan crisis
|
|
|
Jun 6 2017, 05:30 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 05:39 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
|
|
|
Jun 6 2017, 05:40 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(AllnGap @ Jun 6 2017, 05:22 PM) I dunno what u call them. token or what Yes, Ethereum is uncapped for life, currently at 13.63% inflation and dropping exponentially due to the mining difficulty bomb, eventually making way for 2% or lower annual issuance with Proof of Stake.I studied everything from gold bars, gold price, paper gold pricing and a lot of things. physical gold is fixed supply, there is only that much on earth. gold price we see there includes futures contract or paper gold. so they can manipulate as much as they want because u do not need physical to sell. bitcoin has a fixed supply. 21mil of them, that's why the price goes up ETH however is not, adding around 17% supply yearly that sort of thing ? corporations support this ETH for payments and such, due to low fees. thing is I also read that it's designed for stability. means not supposed to be volatile. if it swings 10% daily then defeats the purpose of stability. so by right expanding the token amount helps to buffer the additional demand or make it stable. 10% daily swing is not stable at all. and for corporations all they gotta do is just pinch out 10% of the cash holding to stack in ETH and I guarantee it will be a few folds what we see here. so the 'stability' is a con job Now you factor in those ETH that gets locked up in ENS, 10% of all supply in PoS, ICO token sales and Prism and MakerDAI stablecoin utilizing ETH as collateral for their portfolio. Then machine-to-machine wallets begin transacting autonomously. There we shall find our stability, like the USD today This post has been edited by WooTz: Jun 6 2017, 05:41 PM |
|
|
Jun 6 2017, 05:41 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Jun 6 2017, 05:48 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
813 posts Joined: May 2013 |
|
|
|
Jun 6 2017, 05:49 PM
Show posts by this member only | IPv6 | Post
#231
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(WooTz @ Jun 6 2017, 05:40 PM) Yes, Ethereum is uncapped for life, currently at 13.63% inflation and dropping exponentially due to the mining difficulty bomb, eventually making way for 2% or lower annual issuance with Proof of Stake. there is no stability when u can stack them. just like hoarding.Now you factor in those ETH that gets locked up in ENS, 10% of all supply in PoS, ICO token sales and Prism and MakerDAI stablecoin utilizing ETH as collateral for their portfolio. Then machine-to-machine wallets begin transacting autonomously. There we shall find our stability, like the USD today I gotta feeling that if the price itself is unstable it will ultimately fork itself for corporations to use it. currency movement is around controlled 2% daily. this is like 15% daily btw USD is stable because of constant demand and mechanism of central bank that buy and sell treasury to balance demand and selling. stability is created via balancing buying and selling. that's why I said there is no price stability. This post has been edited by AllnGap: Jun 6 2017, 05:50 PM |
|
|
Jun 6 2017, 05:55 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(AllnGap @ Jun 6 2017, 05:49 PM) there is no stability when u can stack them. just like hoarding. Have a read, they're working on itI gotta feeling that if the price itself is unstable it will ultimately fork itself for corporations to use it. currency movement is around controlled 2% daily. this is like 15% daily btw USD is stable because of constant demand and mechanism of central bank that buy and sell treasury to balance demand and selling. stability is created via balancing buying and selling. that's why I said there is no price stability. https://blog.makerdao.com/2017/06/05/introducing-sai/ |
|
|
Jun 6 2017, 05:57 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
QUOTE(TheReaderReads @ Jun 6 2017, 05:41 PM) Xapo because of got debit card features and https://in.xapo.com/fees/ it at lest tell u in advance how much they charged u to send out to external address but beware if receive less than BTC 0.00117612 , got fee involved . (1 is standard and 2 is expensive for speedy transaction)I like xapo walllet at lest u know how much they charged. The rest charge u when u send up to to other wallet (non fixed ) and saddle with very expensive fees I not sure if u use bitcoin faucet . just make sure they got kawtim with Xapo as main wallet receiver . Those wallet mention earlier are physical wallet and expensive plus more secure .PS don't lose the 12 or 24 letter security code PS : use Coinomi or Jaxx wallet to store ALT coin |
|
|
Jun 6 2017, 06:01 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
QUOTE(Spectreoutreach @ Jun 6 2017, 05:57 PM) Xapo because of got debit card features and https://in.xapo.com/fees/ it at lest tell u in advance how much they charged u to send out to external address but beware if receive less than BTC 0.00117612 , got fee involved . (1 is standard and 2 is expensive for speedy transaction) So Xapo for BTCI like xapo walllet at lest u know how much they charged. The rest charge u when u send up to to other wallet (non fixed ) and saddle with very expensive fees I not sure if u use bitcoin faucet . just make sure they got kawtim with Xapo as main wallet receiver . Those wallet mention earlier are physical wallet and expensive plus more secure .PS don't lose the 12 or 24 letter security code PS : use Coinomi or Jaxx wallet to store ALT coin Xapo is app n web base Coinomi n jaxx wallet cannot store BTC or ETH? Web base eh? |
|
|
Jun 6 2017, 06:09 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
856 posts Joined: Jan 2008 |
|
|
|
Jun 6 2017, 06:20 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Jun 6 2017, 06:25 PM
|
![]() ![]()
Junior Member
206 posts Joined: Mar 2011 |
these virtual currency unregulated by govt does not contribute to GDP hence no real value
it was a speculation now it is a cult |
|
|
Jun 6 2017, 06:27 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 06:29 PM
|
![]() ![]() ![]()
Junior Member
321 posts Joined: Nov 2012 From: Planet Earth |
ada beli x?
|
|
|
Jun 6 2017, 06:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(PortgasDerekAce @ Jun 6 2017, 06:25 PM) these virtual currency unregulated by govt does not contribute to GDP hence no real value The inventor of Ethereum just met with the Russian president last Friday.it was a speculation now it is a cult If it's all speculation and no real value, why would the most powerful person on the planet spoke with him? http://en.kremlin.ru/events/president/news/54677 This post has been edited by WooTz: Jun 6 2017, 06:44 PM |
|
|
Jun 6 2017, 06:44 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(WooTz @ Jun 6 2017, 06:42 PM) The inventor of Ethereum just met with the Russian president last Friday. Wow you think the Russian president is the most powerful person on the planet.. how many socialists are there here actually? If it's all speculation and no real value, why would the most powerful person on the planet spoke with him? |
|
|
Jun 6 2017, 06:47 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
|
|
|
Jun 6 2017, 06:59 PM
|
![]()
Junior Member
4 posts Joined: Jan 2014 |
Btc still have few millions left ready to be mine
But mining at this time is the real joke Harder than ever Will cost you more And the profits is peanut |
|
|
Jun 6 2017, 07:04 PM
|
![]() ![]()
Junior Member
57 posts Joined: Jan 2015 |
|
|
|
Jun 6 2017, 07:06 PM
|
![]() ![]()
Junior Member
57 posts Joined: Jan 2015 |
|
|
|
Jun 6 2017, 07:12 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 07:15 PM
|
![]() ![]()
Junior Member
57 posts Joined: Jan 2015 |
|
|
|
Jun 6 2017, 07:16 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,759 posts Joined: Mar 2007 From: _|_ |
|
|
|
Jun 6 2017, 07:19 PM
|
![]() ![]()
Junior Member
57 posts Joined: Jan 2015 |
QUOTE(a13solut3 @ Jun 6 2017, 07:16 PM) Average Total Hash Rate: (24h) 2.61 KH/s (12h) 2.20 KH/s (1h) 2.98 KH/s (10m) 3.00 KH/s intel xeon can kick the ass of top end nvdia GPU Hashrate drop because I moved all mining to sumokoin awhile just now. http://monerobechmarks.byethost5.com This post has been edited by cocbum4: Jun 6 2017, 07:20 PM |
|
|
Jun 6 2017, 07:20 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 07:26 PM
|
![]() ![]() ![]() ![]()
Junior Member
584 posts Joined: Jun 2010 |
|
|
|
Jun 6 2017, 07:28 PM
|
![]() ![]()
Junior Member
95 posts Joined: Aug 2009 |
Is mining the only way to procure bitcoins ?
|
|
|
Jun 6 2017, 07:45 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,363 posts Joined: Jan 2010 |
Can i join the party now or better wait for other one?
|
|
|
Jun 6 2017, 07:46 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,206 posts Joined: Jun 2006 |
|
|
|
Jun 6 2017, 07:47 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 07:49 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
813 posts Joined: May 2013 |
QUOTE(WooTz @ Jun 6 2017, 06:42 PM) The inventor of Ethereum just met with the Russian president last Friday. Er...no picture no statements. Nothing but from a website that i jot sure of its authenticity alsoIf it's all speculation and no real value, why would the most powerful person on the planet spoke with him? http://en.kremlin.ru/events/president/news/54677 |
|
|
Jun 6 2017, 07:50 PM
|
![]() ![]()
Junior Member
95 posts Joined: Aug 2009 |
|
|
|
Jun 6 2017, 07:52 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,363 posts Joined: Jan 2010 |
QUOTE(max_cavalera @ Jun 6 2017, 07:47 PM) My padawan 🤗 lol thanks bro. But sure i won't be writing a book about my legacy la.Join with lil money u can afford to lose... High risk high gain.... Later who onows maybe u can write ur own legacy like jesse livermore and dan zanger did Unless i can get into the circle of master sifu like yourself when you managed to buy 1 Bitcoin at a few Malaysian Ringgit. |
|
|
Jun 6 2017, 07:52 PM
|
![]() ![]()
Junior Member
191 posts Joined: Jan 2012 |
I have learned a very valuable lesson during the rise of mlm.
This thread reminds me a lot of that mlm company thread in /k that reach 20 pages very fast with people sharing stories how they more then double their investments. But as we found out recently once the collapse that they are actually early investors brainwashing new investors so they can continue earning knowing full well new investors won't even recover their modal. I could be wrong. But 1 thing I learn is nobody wants to see or help other people get rich. Why was there no 20 pages thread promoting bitcoin in 2010??? Only now when the price is so high suddenly can see many promoting it... |
|
|
Jun 6 2017, 07:53 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Jun 6 2017, 07:59 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
QUOTE(scottyvstheworld @ Jun 6 2017, 07:52 PM) I have learned a very valuable lesson during the rise of mlm. bitcoin could fall flat to 1 myr tomorowThis thread reminds me a lot of that mlm company thread in /k that reach 20 pages very fast with people sharing stories how they more then double their investments. But as we found out recently once the collapse that they are actually early investors brainwashing new investors so they can continue earning knowing full well new investors won't even recover their modal. I could be wrong. But 1 thing I learn is nobody wants to see or help other people get rich. Why was there no 20 pages thread promoting bitcoin in 2010??? Only now when the price is so high suddenly can see many promoting it... its not imposibel |
|
|
Jun 6 2017, 08:01 PM
|
![]() ![]()
Junior Member
221 posts Joined: May 2017 |
|
|
|
Jun 6 2017, 08:06 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,206 posts Joined: Jun 2006 |
|
|
|
Jun 6 2017, 08:08 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,206 posts Joined: Jun 2006 |
QUOTE(scottyvstheworld @ Jun 6 2017, 07:52 PM) . Why was there no 20 pages thread promoting bitcoin in 2010??? Only now when the price is so high suddenly can see many promoting it... got le.. in the past, when bitcoin hit usd1k 2-3years ago.. ok la..ppl promote promote.. then manage to get some also by buying alittle bit and also mining. |
|
|
Jun 6 2017, 08:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
|
|
|
Jun 6 2017, 09:12 PM
|
![]() ![]()
Junior Member
98 posts Joined: Jan 2003 From: Alpha Centauri |
QUOTE(scottyvstheworld @ Jun 6 2017, 07:52 PM) I have learned a very valuable lesson during the rise of mlm. The lessons you learned from encounters with mlm are relevant to this current bull run many different coin supporters will trying to psycho newbies into buy more of their coin, This thread reminds me a lot of that mlm company thread in /k that reach 20 pages very fast with people sharing stories how they more then double their investments. But as we found out recently once the collapse that they are actually early investors brainwashing new investors so they can continue earning knowing full well new investors won't even recover their modal. I could be wrong. But 1 thing I learn is nobody wants to see or help other people get rich. Why was there no 20 pages thread promoting bitcoin in 2010??? Only now when the price is so high suddenly can see many promoting it... so they can dump their holdings at higher prices. Different space but the strategy still the same, passing the buck to the next water fish. The hot thing now is everyone wants to jump into ICO (similar to stock IPO), so far it is lucrative as the ROI can be 5x to 1000x gain when the new coin gets listed on the exchange. High risk but high gain due to the unregulated nature of the market, everyone should do their own research and don't believe everything so easily. |
|
|
Jun 6 2017, 09:28 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,616 posts Joined: Dec 2013 |
|
|
|
Jun 6 2017, 10:03 PM
|
![]() ![]()
Junior Member
153 posts Joined: Apr 2012 |
QUOTE(scottyvstheworld @ Jun 6 2017, 07:52 PM) I have learned a very valuable lesson during the rise of mlm. You sir, have a valid point.This thread reminds me a lot of that mlm company thread in /k that reach 20 pages very fast with people sharing stories how they more then double their investments. But as we found out recently once the collapse that they are actually early investors brainwashing new investors so they can continue earning knowing full well new investors won't (may not) even recover their modal. |
|
|
Jun 6 2017, 10:11 PM
|
![]()
Junior Member
4 posts Joined: Jan 2014 |
Its always like this
BTC up, ETH up too. BTC drop, ETH drop too. Next few hours we will see the first time BTC reach $3000. Just after few weeks BTC reach $2000 for the first time. |
|
|
Jun 6 2017, 10:16 PM
|
![]() ![]()
Junior Member
291 posts Joined: Feb 2016 |
Go for stratis!!!!
Invest before you regret |
|
|
Jun 6 2017, 11:26 PM
Show posts by this member only | IPv6 | Post
#271
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Jun 6 2017, 11:31 PM
Show posts by this member only | IPv6 | Post
#272
|
![]() ![]()
Junior Member
288 posts Joined: Nov 2013 From: Autonomous State of Sarawak |
QUOTE(max_cavalera @ Jun 6 2017, 07:53 PM) Open a bitcoin wallet and post it here. btw coinhako doesn't accept myr now Some doormat guy will donate 0.1 or 0.001 btc to you and u willforget about it. 4 years later u suddenly remember and check ur wallet. Ur already a milionaire |
|
|
Jun 7 2017, 12:45 AM
Show posts by this member only | IPv6 | Post
#273
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Jun 7 2017, 01:00 AM
|
![]() ![]()
Junior Member
177 posts Joined: Jan 2006 |
Even if you have a lot of bitcoin, is there a way to cash out in Malaysia?
|
|
|
Jun 7 2017, 04:26 AM
|
![]() ![]()
Junior Member
206 posts Joined: Mar 2011 |
QUOTE(WooTz @ Jun 6 2017, 06:42 PM) The inventor of Ethereum just met with the Russian president last Friday. all money game also tell people they have datuk/sultan back up lah. u insult people's intelligence all day long like this ar? or u r dumb yourself?If it's all speculation and no real value, why would the most powerful person on the planet spoke with him? http://en.kremlin.ru/events/president/news/54677 now u look again. all money game collapse then the money game players shift to virtual currency game lo |
|
|
Jun 7 2017, 06:45 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(PortgasDerekAce @ Jun 7 2017, 04:26 AM) all money game also tell people they have datuk/sultan back up lah. u insult people's intelligence all day long like this ar? or u r dumb yourself? Going to quote this one for near future 😂now u look again. all money game collapse then the money game players shift to virtual currency game lo |
|
|
Jun 7 2017, 06:49 AM
|
![]() ![]()
Junior Member
96 posts Joined: Jul 2013 From: KL |
Comparing MLM to crypto. Kek.
|
|
|
Jun 7 2017, 06:50 AM
Show posts by this member only | IPv6 | Post
#278
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,333 posts Joined: Jan 2003 |
|
|
|
Jun 7 2017, 06:52 AM
|
![]() ![]()
Junior Member
96 posts Joined: Jul 2013 From: KL |
Btw, invest on Stratis.
You heard it here first from yours truly. You can thank me later. |
|
|
Jun 7 2017, 07:14 AM
|
![]() ![]()
Junior Member
206 posts Joined: Mar 2011 |
|
|
|
Jun 7 2017, 07:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,943 posts Joined: Apr 2005 |
Takes so long to download 122GB bitcoin blockchain just to restore my old account zzz. I want to transfer it asap.
Another 70GB for alt coin. My streamyx gg |
|
|
Jun 7 2017, 07:22 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,943 posts Joined: Apr 2005 |
|
|
|
Jun 7 2017, 07:30 AM
|
![]() ![]()
Junior Member
127 posts Joined: Oct 2011 |
|
|
|
Jun 7 2017, 07:48 AM
Show posts by this member only | IPv6 | Post
#284
|
![]() ![]()
Junior Member
165 posts Joined: Oct 2009 |
Which site do you use for bitcoin wallet? I registered with coinbase but it didn't support malaysia.
|
|
|
Jun 7 2017, 07:52 AM
Show posts by this member only | IPv6 | Post
#285
|
![]() ![]()
Junior Member
291 posts Joined: Feb 2016 |
QUOTE(TheReaderReads @ Jun 7 2017, 12:45 AM) I just swap my bitcoin to stratisu can take a look on changelly QUOTE(xkaix @ Jun 7 2017, 07:48 AM) Which site do you use for bitcoin wallet? I registered with coinbase but it didn't support malaysia. use blockchain.infoThis post has been edited by Invulnerability: Jun 7 2017, 07:54 AM |
|
|
Jun 7 2017, 07:55 AM
|
![]()
Junior Member
29 posts Joined: Aug 2010 |
QUOTE(xkaix @ Jun 7 2017, 07:48 AM) Which site do you use for bitcoin wallet? I registered with coinbase but it didn't support malaysia. malaysia widely supported by Luno, register here:https://www.luno.com/invite/2HFPP |
|
|
Jun 7 2017, 08:15 AM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Aug 31 2017, 05:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,683 posts Joined: Dec 2011 |
|
|
|
Aug 31 2017, 05:33 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
|
|
|
Aug 31 2017, 05:36 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,683 posts Joined: Dec 2011 |
|
| Bump Topic Add ReplyOptions New Topic |
| Change to: | 0.0617sec
0.59
6 queries
GZIP Disabled
Time is now: 10th December 2025 - 06:33 AM |