Just profit taking, I went all in this morning without any btc left, want to have some on standby in case of a sudden btc surge.

The group called for $4 to $5, but I'm more of a conservative trader. I generally don't believe in 5x profits overnight although we're trading in the crypto markets. Of course this has cost me dearly sometimes, for instance I cashed out on NEO from $8 to $17 instead of at $50.

I think the Asians are generally more into digital money type of stuff as only 30% to 40% of the population have access to financial institutions but 80-90% of us have access to the internet. For instance, in China almost all day to day transactions are done with Alipay on a mobile device, very little cash and bank transfers. The same goes for Thailand.

I would say there is generally an inverse relationship between these 2, the more limited your access to traditional banking methods, the more you're willing to adapt to this digital money tech because it brings you convenience.

This post has been edited by Flame Haze: Aug 17 2017, 08:05 PM

Yeah he's pretty on point. But too many people following his calls is making it sound like us pumping so I just exited early.

I think Alipay is still very much a payment gateway like Paypal, which links to your bank account.

A great example would be M-Pesa in Kenya, https://en.wikipedia.org/wiki/M-Pesa, it has been described as one of the most advanced finance tech in the world. If you read it up it does bear a lot of similarities to bitcoin. It became massively adopted in Kenya because people don't have access to financial institutions and the large informal sector over there.

Difficulty adjustment this Saturday, will be easier to mine and expecting BTC miners to shift to BCH coz more profit.

Cashed out my OMG at 187k, BAt at 6000 sat. About 5% loss.

All positions closed for the weekend, 30% in BCH and 70% in BTC. Not sure how BCH's gonna fare tmr.

Overall it has been a good week, increased my portfolio by about 30%. Hoping for red sea so I can go shopping to prepare for Monday.

This post has been edited by Flame Haze: Aug 18 2017, 03:03 PM

Normally if got some coins mooning other coins not mooning will dip one, coz ppl panic selling to hop on the train.

Dunno happy or sad I left 30% of portfolio in BCC for the weekend.

Not shilling but it's interesting to read up on the internal issues between BCH and BTC.

https://bitcoinandtheblockchain.blogspot.my/
https://www.reddit.com/r/btc/comments/6uehe...to_mine_on_the/
https://www.reddit.com/r/btc/comments/6uhnr...ash_translated/

This one is FUD:

http://bitcoinandtheblockchain.blogspot.my...itcoin.html?m=1

This post has been edited by Flame Haze: Aug 18 2017, 10:37 PM

No, they're pre-mined. Have to buy

wrong thread

https://forum.lowyat.net/topic/4345064

This reply is intended for all people who have traded and withdrawn NEO and have raised questions/concerns around lost coins on withdrawals, the withdrawal fee, and neo gas. We have blocked the withdrawal of anything other than whole numbers. This should stop any truncated NEOs. If you get an error, make sure that the "Withdrawal" box on the bottom of the withdrawals dialog is a whole number. All funds not sent due to truncation on NEO withdrawals have been refunded. Once we fixed the whole number issue it was easy for us to calculate that and refund it back. These will show up as deposits in your deposit history. We've lowered the tx fee to 0.025 and will adjust accordingly with the price. Lastly, we are still working with the devs to see if we can distribute GAS, but it is not a trivial matter. Whatever we decide to do, it will be going forward only. We will not retroactively credit GAS to anyone since we have no records to do so. At this time it is still recommended that you hold your NEO in your own personal wallet if you would like to collect GAS. Thank you, Ryan @ Bittrex

I knew BCH will have some massive movement while I went to sleep, thank god it didn't crash if I've sold at the peak I'd have been up $10k

Different exchanges use different tickers, Bittrex doesn't list Bitconnect so its BCC ticker is available to use for Bitcoin Cash. Should be okay, but can always ask support or check address length. I scared make you lose money

I thought u kena burn by BAT

ok la at least profit from BCH

I saw this a month ago. I personally play CS:GO and Dota, few thousand hours on profile. It will never work, they have tons of red tape to go through with Steam and if they don't, they will be banned instantly when it rolls out. Steam banned users from betting on the largest Dota cosmetic betting website D2L before and I think they won't hesitate to do the same for this.

Meanwhile, BCH still going parabolic, I dunno when to cash out.

I small fry ok. But I went all in since 0.12 although I say will keep 30% in BCH only. Scared everyone follow me all in.

the crash will also be spectacular, if it doesn't replace BTC altogether

Right now it will continue going upwards until the difficulty adjustment. After the the difficulty adjustment, it will be even more profitable to mine BCH, at this point I can see 3 scenarios:

1. Miners decide to mass shift to mining BCH, making it faster and more secure, meanwhile BTC experience slower transaction times, people panic and desperately try to transact their BTC to exchanges to sell off for BCH. Fees skyrocket and mempool becomes more loaded. At this point the market decides that BCH has gained a solid ground and may replace BTC in the future, price remains stable or continue upwards.

2. As per the NYA agreement, owners of minepools agree to continue mining BTC although it is less profitable. BTC experiences slightly lower transaction times but people still think BTC is the better chain. Mass sell off by BCH owners cashing out their profits, BCH will crash but not to its original level because it still has more miners now, decent transaction times and lower fees. Maybe 0.15 phaps.

3. Whales decide that enough pumping liao, mass sellout by them to convert back to BTC, BCH price crashes massively so even with lower difficulty, it is still equally or more profitable to mine BTC. At this point we have a pump and dump, money flows back to BTC.

I hope its not 3.

EDIT: $200 price difference between bittrex and korean exchanges, wtf

This post has been edited by Flame Haze: Aug 19 2017, 08:17 PM

I dont have positions in altcoins, all close for weekend liao.

Plz crash