I knew it. This is why nobody should trust the big bankers.

https://steemit.com/news/@jeffreyahann/jp-m...selling-bitcoin

Hello Realist, welcome and please do not worry about sounding harsh here.
We are, after all, an open forum thread where opposing opinions are highly encouraged and debated in a civilised manner, so as long as you are respectful (no name-calling and derogatory remarks) then you're very much welcomed.
I am obviously no financial expert, so just trying to share my own views here for an intelligent discussion amongst peers.
.
.

Well Said 
BTW, did you got ur tenx card already?

I just got email from tenX today that due to the Wave Crest issue, those who suppose to get their card by end of Sep need to wait till end of Nov, i will continue to wait.

The problem is that people in lowyat in general are not civilized enough to hold a conversation  with people with ideas that contradict theirs. My other account was banned just because I have dared to say something that contradicts what was being said over here.

If bitcoin was so massively cheap last year why didn't you buy them. In fact if you had bought them last year, you may not even be chatting with me here. In fact you should have bought them when bitcoin first incepted.

Problem is are people actually using those technologies. Most probably not. 90% of the people probably just bought bitcoin because it's sound cool, the technology looks cool and the price has been shooting up recently. As you stated, the only thing that is supporting the price is the confidence of the technology which is the decentralized nature of the coin. Well there are also many great technologies that are cheap or free for example email etc. As I mentioned previously Amazon aws is something that increases the profitability of an application but yet is not as costly as bitcoin. Just like anything else there is no reason for a technology to be expensive unless the technology provides convenience and extra profitability. So my question here is what is then preventing bitcoin from becoming zero. I mean you guys say that fiat is worth nothing. Then why would crypto which is in the end is just bits be worth so much more? Yes it's backed by blockchain but then it's only bits that's alll.

Why would you want your financial transaction to be transparent in the first place. Is it not my right for outsiders not to interfere in my business?already more and more cryptocurrencies are created. So your argument that government cannot create more cryptocurrencies is moot. Cryptocurrencies are no different then a more complex version of gaming money. Your understanding of the utility of bitcoin is not even correct. Reason why I compared crrypto with laptop or phone is those 2 items represents the added value of technology.

Price manipulation happens all of the time. That is why there are cartels that collude together to direct the price to a particular direction. It happens in all commodities and even finanical instruments like interest rates. You are obviously oblivious to this.

You really do not know how finance work. The reason why people are willing to invest in a share that does not give dividend is because of their confidence that the company will grow and thus the price of the stock will grow with it.you are obviously blind to see that gold is being manipulated. But nvm.

More like those millions just want to make a quick profit that's all. Your assumption is that there is no manipulation of prices. Hello. Anything that is subjected to exchanges can be manipulated.

Hope you are not naive to not realize that when the merchants accept bitcoin they will immediately convert those bitcoins to USD. Also I believe that items that are being charged in bitcpons is going to be more expensive.

I tot only affected European country ?

Non European country still on schedule ?

Wait.. how come TenX suddenly not on track Liao

Only customers that registered with EU address can get the card. Wave Crest no longer issue card to ppl outside EU.

Tenx is working to get a new issuer.

Well Said 
BTW, did you got ur tenx card already?

I just got email from tenX today that due to the Wave Crest issue, those who suppose to get their card by end of Sep need to wait till end of Nov, i will continue to wait.

The problem is that people in lowyat in general are not civilized enough to hold a conversation  with people with ideas that contradict theirs. My other account was banned just because I have dared to say something that contradicts what was being said over here.

What other alternatives do Malaysia have other than luno? Their price is like 5-10% higher than the market. I like luno because the deposit is very fast, but the higher spread is such a turn off.

If use coinhako, by the time the money is in, the market already recover...

Anyway, any sifus know if this recovery is going to continue or going to drop further later?

Load the money before hand.
And wait for the shopping spreee window.
If deposit afterward, its gonna be too late.

The problem is that people in lowyat in general are not civilized enough to hold a conversation  with people with ideas that contradict theirs. My other account was banned just because I have dared to say something that contradicts what was being said over here.

If bitcoin was so massively cheap last year why didn't you buy them. In fact if you had bought them last year, you may not even be chatting with me here. In fact you should have bought them when bitcoin first incepted.

Problem is are people actually using those technologies. Most probably not. 90% of the people probably just bought bitcoin because it's sound cool, the technology looks cool and the price has been shooting up recently. As you stated, the only thing that is supporting the price is the confidence of the technology which is the decentralized nature of the coin. Well there are also many great technologies that are cheap or free for example email etc. As I mentioned previously Amazon aws is something that increases the profitability of an application but yet is not as costly as bitcoin. Just like anything else there is no reason for a technology to be expensive unless the technology provides convenience and extra profitability. So my question here is what is then preventing bitcoin from becoming zero. I mean you guys say that fiat is worth nothing. Then why would crypto which is in the end is just bits be worth so much more? Yes it's backed by blockchain but then it's only bits that's alll.

Why would you want your financial transaction to be transparent in the first place. Is it not my right for outsiders not to interfere in my business?already more and more cryptocurrencies are created. So your argument that government cannot create more cryptocurrencies is moot. Cryptocurrencies are no different then a more complex version of gaming money. Your understanding of the utility of bitcoin is not even correct. Reason why I compared crrypto with laptop or phone is those 2 items represents the added value of technology.

Price manipulation happens all of the time. That is why there are cartels that collude together to direct the price to a particular direction. It happens in all commodities and even finanical instruments like interest rates. You are obviously oblivious to this.

You really do not know how finance work. The reason why people are willing to invest in a share that does not give dividend is because of their confidence that the company will grow and thus the price of the stock will grow with it.you are obviously blind to see that gold is being manipulated. But nvm.

More like those millions just want to make a quick profit that's all. Your assumption is that there is no manipulation of prices. Hello. Anything that is subjected to exchanges can be manipulated.

Hope you are not naive to not realize that when the merchants accept bitcoin they will immediately convert those bitcoins to USD. Also I believe that items that are being charged in bitcpons is going to be more expensive.

I'm not going to argue with you but I would like to advise you to get off your high horse and come down to earth. Your first statement shows how arrogant you are:

"The problem is that people in lowyat in general are not civilized enough to hold a conversation  with people with ideas that contradict theirs."

There, I marked it red and bolded for you to see. If that is the case, why don't you go to a forum with more civilized people that can challenge your brain?

So can I generalize and say you are the type of people that would run away when cornered since you did not reply me when I asked you about gold?

The problem is that people in lowyat in general are not civilized enough to hold a conversation  with people with ideas that contradict theirs. My other account was banned just because I have dared to say something that contradicts what was being said over here.

If bitcoin was so massively cheap last year why didn't you buy them. In fact if you had bought them last year, you may not even be chatting with me here. In fact you should have bought them when bitcoin first incepted.

Problem is are people actually using those technologies. Most probably not. 90% of the people probably just bought bitcoin because it's sound cool, the technology looks cool and the price has been shooting up recently. As you stated, the only thing that is supporting the price is the confidence of the technology which is the decentralized nature of the coin. Well there are also many great technologies that are cheap or free for example email etc. As I mentioned previously Amazon aws is something that increases the profitability of an application but yet is not as costly as bitcoin. Just like anything else there is no reason for a technology to be expensive unless the technology provides convenience and extra profitability. So my question here is what is then preventing bitcoin from becoming zero. I mean you guys say that fiat is worth nothing. Then why would crypto which is in the end is just bits be worth so much more? Yes it's backed by blockchain but then it's only bits that's alll.

Why would you want your financial transaction to be transparent in the first place. Is it not my right for outsiders not to interfere in my business?

already more and more cryptocurrencies are created. So your argument that government cannot create more cryptocurrencies is moot. Cryptocurrencies are no different then a more complex version of gaming money.

Your understanding of the utility of bitcoin is not even correct. Reason why I compared crrypto with laptop or phone is those 2 items represents the added value of technology.

Price manipulation happens all of the time. That is why there are cartels that collude together to direct the price to a particular direction. It happens in all commodities and even finanical instruments like interest rates. You are obviously oblivious to this.

You really do not know how finance work. The reason why people are willing to invest in a share that does not give dividend is because of their confidence that the company will grow and thus the price of the stock will grow with it.

you are obviously blind to see that gold is being manipulated. But nvm.

More like those millions just want to make a quick profit that's all. Your assumption is that there is no manipulation of prices. Hello. Anything that is subjected to exchanges can be manipulated.

Hope you are not naive to not realize that when the merchants accept bitcoin they will immediately convert those bitcoins to USD. Also I believe that items that are being charged in bitcpons is going to be more expensive.

The problem is that people in lowyat in general are not civilized enough to hold a conversation  with people with ideas that contradict theirs. My other account was banned just because I have dared to say something that contradicts what was being said over here.

If bitcoin was so massively cheap last year why didn't you buy them. In fact if you had bought them last year, you may not even be chatting with me here. In fact you should have bought them when bitcoin first incepted.

Problem is are people actually using those technologies. Most probably not. 90% of the people probably just bought bitcoin because it's sound cool, the technology looks cool and the price has been shooting up recently. As you stated, the only thing that is supporting the price is the confidence of the technology which is the decentralized nature of the coin. Well there are also many great technologies that are cheap or free for example email etc. As I mentioned previously Amazon aws is something that increases the profitability of an application but yet is not as costly as bitcoin. Just like anything else there is no reason for a technology to be expensive unless the technology provides convenience and extra profitability. So my question here is what is then preventing bitcoin from becoming zero. I mean you guys say that fiat is worth nothing. Then why would crypto which is in the end is just bits be worth so much more? Yes it's backed by blockchain but then it's only bits that's alll.

Why would you want your financial transaction to be transparent in the first place. Is it not my right for outsiders not to interfere in my business?already more and more cryptocurrencies are created. So your argument that government cannot create more cryptocurrencies is moot. Cryptocurrencies are no different then a more complex version of gaming money. Your understanding of the utility of bitcoin is not even correct. Reason why I compared crrypto with laptop or phone is those 2 items represents the added value of technology.

Price manipulation happens all of the time. That is why there are cartels that collude together to direct the price to a particular direction. It happens in all commodities and even finanical instruments like interest rates. You are obviously oblivious to this.

You really do not know how finance work. The reason why people are willing to invest in a share that does not give dividend is because of their confidence that the company will grow and thus the price of the stock will grow with it.you are obviously blind to see that gold is being manipulated. But nvm.

More like those millions just want to make a quick profit that's all. Your assumption is that there is no manipulation of prices. Hello. Anything that is subjected to exchanges can be manipulated.

Hope you are not naive to not realize that when the merchants accept bitcoin they will immediately convert those bitcoins to USD. Also I believe that items that are being charged in bitcpons is going to be more expensive.

The problem is that people in lowyat in general are not civilized enough to hold a conversation  with people with ideas that contradict theirs. My other account was banned just because I have dared to say something that contradicts what was being said over here.

If bitcoin was so massively cheap last year why didn't you buy them. In fact if you had bought them last year, you may not even be chatting with me here. In fact you should have bought them when bitcoin first incepted.

Problem is are people actually using those technologies. Most probably not. 90% of the people probably just bought bitcoin because it's sound cool, the technology looks cool and the price has been shooting up recently. As you stated, the only thing that is supporting the price is the confidence of the technology which is the decentralized nature of the coin. Well there are also many great technologies that are cheap or free for example email etc. As I mentioned previously Amazon aws is something that increases the profitability of an application but yet is not as costly as bitcoin. Just like anything else there is no reason for a technology to be expensive unless the technology provides convenience and extra profitability. So my question here is what is then preventing bitcoin from becoming zero. I mean you guys say that fiat is worth nothing. Then why would crypto which is in the end is just bits be worth so much more? Yes it's backed by blockchain but then it's only bits that's alll.

Why would you want your financial transaction to be transparent in the first place. Is it not my right for outsiders not to interfere in my business?already more and more cryptocurrencies are created. So your argument that government cannot create more cryptocurrencies is moot. Cryptocurrencies are no different then a more complex version of gaming money. Your understanding of the utility of bitcoin is not even correct. Reason why I compared crrypto with laptop or phone is those 2 items represents the added value of technology.

Price manipulation happens all of the time. That is why there are cartels that collude together to direct the price to a particular direction. It happens in all commodities and even finanical instruments like interest rates. You are obviously oblivious to this.

You really do not know how finance work. The reason why people are willing to invest in a share that does not give dividend is because of their confidence that the company will grow and thus the price of the stock will grow with it.you are obviously blind to see that gold is being manipulated. But nvm.

More like those millions just want to make a quick profit that's all. Your assumption is that there is no manipulation of prices. Hello. Anything that is subjected to exchanges can be manipulated.

Hope you are not naive to not realize that when the merchants accept bitcoin they will immediately convert those bitcoins to USD. Also I believe that items that are being charged in bitcpons is going to be more expensive.