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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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max_cavalera
post Jun 18 2017, 06:36 PM

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Bela coin suddenly spikes like crazy guys.

Any latest update of which im unaware of?
Got some coin there on this failed coin(IMO) 😅
SUSraynman
post Jun 18 2017, 06:43 PM

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I caught a big fish today.

He signed up using my referral code for a lifetime bitcoin mining contract with Hashflare and paid 1.0849958 BTC for it.

I received a 10% cut in bitcoin (0.10849958) into my account.

At current price of around $2,600, it is worth $282.

This is more than the $220 ETH mining contract for 10MH/s I purchased with Hashflare.

Capital recovered immediately with $62 profit.

I will be mining ETH with Hashflare for free for 1 year. rclxm9.gif

user posted image
max_cavalera
post Jun 18 2017, 06:50 PM

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QUOTE(raynman @ Jun 18 2017, 07:43 PM)
I caught a big fish today.

He signed up using my referral code for a lifetime bitcoin mining contract with Hashflare and paid 1.0849958 BTC for it.

I received a 10% cut in bitcoin (0.10849958) into my account.

At current price of around $2,600, it is worth $282.

This is more than the $220 ETH mining contract for 10MH/s I purchased with Hashflare.

Capital recovered immediately with $62 profit.

I will be mining ETH with Hashflare for free for 1 year.  rclxm9.gif

user posted image
*
Lol bro looks like u got talent doing this. Keep it up 😊

Some youtuber like craig grant keep non stop getting refferrals and his genesis mining keep being upgraded and return skyrocket
SUSraynman
post Jun 18 2017, 06:59 PM

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QUOTE(max_cavalera @ Jun 18 2017, 06:50 PM)
Lol bro looks like u got talent doing this. Keep it up 😊

Some youtuber like craig grant keep non stop getting refferrals and his genesis mining keep being upgraded and return skyrocket
*
The question is, what should I do with the bitcoin?

I can reinvest it into a lifetime bitcoin mining contract or send to my Luno wallet and cash out in MYR.



SUSdenimblue
post Jun 18 2017, 07:02 PM

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QUOTE(raynman @ Jun 18 2017, 06:59 PM)
The question is, what should I do with the bitcoin?

I can reinvest it into a lifetime bitcoin mining contract or send to my Luno wallet and cash out in MYR.
*
You have a third option.

Donate it to me. biggrin.gif

blueblueoutofblue
post Jun 18 2017, 07:19 PM

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QUOTE(denimblue @ Jun 18 2017, 07:02 PM)
You have a third option.

Donate it to me.  biggrin.gif
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Donation is a good deed
Donate to me as well
Feliex
post Jun 18 2017, 07:21 PM

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QUOTE(David_78 @ Jun 18 2017, 02:51 PM)
1060 avg 21mh  / half 1070 price half the power
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Any recommeded for ethereum mining pool?
TSwengherng
post Jun 18 2017, 08:15 PM

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QUOTE(kmarc @ Jun 18 2017, 06:24 PM)
I get what you're saying.

What about the premium on buying bitcoins or ETH from fiat? To buy cryptos just for spending when you need to pay the buying and transaction fees.

I am willing to pay premium because of investment but not to pay premium on top of spending!
*
That's a good point and has been weighing on my mind as well.
Let's see if WooTz can share his views on this.

kmarc
post Jun 18 2017, 08:45 PM

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QUOTE(wengherng @ Jun 18 2017, 08:15 PM)
That's a good point and has been weighing on my mind as well.
Let's see if WooTz can share his views on this.
*
Thinking about modes of payment, if given the choice, I would choose credit card over cash over cryptos!

Credit card earns points and cash back while cash gets nothing. Cryptos have additional charges with the prospect of increasing value.

Even if I can spend ETH now, it is highly unlikely I would use ETH. Hmmmm... as I was thinking earlier, unless a crypto is stable, it wouldn't be the payment mode of choice....

Of course I think I'm thinking along the line of an investor....

This post has been edited by kmarc: Jun 18 2017, 09:01 PM
Loiren
post Jun 18 2017, 09:45 PM

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QUOTE(kmarc @ Jun 18 2017, 08:45 PM)
Thinking about modes of payment, if given the choice, I would choose credit card over cash over cryptos!

Credit card earns points and cash back while cash gets nothing. Cryptos have additional charges with the prospect of increasing value.

Even if I can spend ETH now, it is highly unlikely I would use ETH. Hmmmm... as I was thinking earlier, unless a crypto is stable, it wouldn't be the payment mode of choice....

Of course I think I'm thinking along the line of an investor....
*
Guess the question of demand is the fundamental here.
I also cant see myself spending cryptocurrency like fiat at the moment given its potential.

Would there be legit market which faces problem of spending fiat or thru credit card ?
kmarc
post Jun 18 2017, 09:52 PM

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QUOTE(max_cavalera @ Jun 18 2017, 06:36 PM)
Bela coin suddenly spikes like crazy guys.

Any latest update of which im unaware of?
Got some coin there on this failed coin(IMO) 😅
*
Looks like it could be because of the upcoming dark wave gravity hard fork for bela.

https://twitter.com/belacoin?lang=en

QUOTE(Loiren @ Jun 18 2017, 09:45 PM)
Guess the question of demand is the fundamental here.
I also cant see myself spending cryptocurrency like fiat at the moment given its potential.

Would there be legit market which faces problem of spending fiat or thru credit card ?
*
Not too sure. I guess the requirement would be a stable cryptocurrency with fast transaction time and low fees with low premium on first purchase.....

And maybe even a crypto that functions mainly as a "currency" rather than anything else.... hmm.gif

The other possibility is those that strike rich and want to unload or spend their riches. The card would definitely make things easy, rather than converting to fiat first before spending..... Come to think of it, there are people who wants to unload after gaining 20, 50 or 100%.....

And yeah, as I'm a HODLer, I don't see myself spending or unloading my collection at least for another 2-3 years..... but that's just me. wink.gif

Anyway, I have nothing against these cards. Just discussing with wengherng on the issue. As I will be investing some ETH in it too, I do hope everyone uses it!! thumbup.gif

This post has been edited by kmarc: Jun 18 2017, 10:00 PM
Loiren
post Jun 18 2017, 10:01 PM

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QUOTE(kmarc @ Jun 18 2017, 09:52 PM)

Not too sure. I guess the requirement would be a stable cryptocurrency with fast transaction time and low fees with low premium on first purchase.....

And maybe even a crypto that functions mainly as a "currency" rather than anything else....  hmm.gif

The other possibility is those that strike rich and want to unload or spend their riches. The card would definitely make things easy, rather than converting to fiat first before spending..... Come to think of it, there are people who wants to unload after gaining 20, 50 or 100%.....

And yeah, as I'm a HODLer, I don't see myself spending or unloading my collection at least for another 2-3 years..... but that's just me. wink.gif
*
Possibly but it is unlikely we are seeing this in the regional market where credit is easily available and readily attractive.
The AMA video on Saturday kind of allude that the trial test in Singapore had disappointing spending patterns.

Curious if this would change significantly with the sales of their card for a start.
kmarc
post Jun 18 2017, 10:10 PM

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QUOTE(Loiren @ Jun 18 2017, 10:01 PM)
Possibly but it is unlikely we are seeing this in the regional market where credit is easily available and readily attractive.
The AMA video on Saturday kind of allude that the trial test in Singapore had disappointing spending patterns.

Curious if this would change significantly with the sales of their card for a start.
*
Who knows. It's an interesting concept especially on the part of integrating many cryptos into one card. It's a crazy market out there and I guess anything is possible. If I start spending my coins in the future, I definitely need one of those cards. smile.gif

This post has been edited by kmarc: Jun 18 2017, 10:10 PM
David_78
post Jun 18 2017, 10:10 PM

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Bro how to unload my ETC coin to myr? Any idea or suggestions
kmarc
post Jun 18 2017, 10:12 PM

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QUOTE(David_78 @ Jun 18 2017, 10:10 PM)
Bro how to unload my ETC coin to myr? Any idea or suggestions
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So far, you can't. Have to convert to BTC first then sell in the 4 exchanges that deals with MYR.

Unless there's some forumer who wants to directly buy from you.....
David_78
post Jun 18 2017, 10:14 PM

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Any one using this?
Can trust?
https://anycoindirect.eu/en/sell/etherclassic
luotang
post Jun 18 2017, 10:23 PM

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QUOTE(Loiren @ Jun 18 2017, 10:01 PM)
Possibly but it is unlikely we are seeing this in the regional market where credit is easily available and readily attractive.
The AMA video on Saturday kind of allude that the trial test in Singapore had disappointing spending patterns.

Curious if this would change significantly with the sales of their card for a start.
*
Really? you saw the AMA? but the project got Vitalik as one of the investor
WooTz
post Jun 18 2017, 10:44 PM


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QUOTE(PrincZe @ Jun 18 2017, 03:13 PM)
Yes, every hour all token holders will be given payouts based on the global transaction volume, they can manually interact with contract to withdraw outside of TenX wallet, or keep PAY tokens in TenX wallet and have access to those ETH dividends without fees.
mean unlimited dividen? as long got people spend there will be dividen paid?
*
that's correct.

remember, the target demographic of TenX cards isn't people already used to Visa/Mastercard, but the ones without access to a bank.

QUOTE(luotang @ Jun 18 2017, 04:10 PM)
Even 25 ETH is a lot.. So regret didn't have enough bravery to buy more ETH when it was ~0.015 BTC, I was too scared to top up at that time  cry.gif

I have read through the FAQ and it says SG or US citizens cannot take part?? Weird, I thought it is a SG based company

Also for now since it is 1 PAY = 1/350 ETH, so I can say that the this period 1 PAY ~ 1 USD?

And later in Aug when it is listed which we don't know how much valuable is it until then?

So the return can be in: the appreciation of PAY once it is listed, and if I choose not to sell and hold PAY, then I will receive dividend hourly?

Sorry for being sceptical but does it sound too good to be true?
*
SG has regulations against such crowdsales, but I'm sure most will either buy through exchanges or utilize VPNs.

there's a 20% bonus for first 24 hours, so it's 420 PAY per ETH.

You can thank UASF for the August uncertainties. the token value will ultimately based on 200,000 ETH raised in the short term.

that's correct, when the platform matures, and if crypto goes into massive correction, price of PAY would be the one dropping the least if not staying still, cause it means more ETH being bought every hour to be distributed.


QUOTE(wengherng @ Jun 18 2017, 04:32 PM)
But, with the ever increasing value of ETH (i.e. fiat is losing value when compared to ETH), I thought that using fiat as much as possible would mean that your payments are actually "cheaper" as time passes, compared with ETH.
If I paid 0.5 ETH for a pair of sneakers now, and ETH goes up in value by double within the next 3 months (for example), then effectively, I would have paid 1 ETH for those sneakers, i.e. if I didn't use my 0.5 ETH, they would have been worth 1 ETH then.
Or is my logic flawed somewhere?
hmm.gif
*
You see, I'm an OG holder, I bought my first ETH at $4.50, that's 83x profit today. it's good financial decision to take profit as the price inches higher and higher, so I do it in the form of property purchases, portfolio adjustment, and crypto spending.

for newcomers who bought at $300~380 price, of course they shouldn't spend their ETH just yet. they could help contribute to the total transaction volume and earn PAY token by purchasing some gold tokens (DGX) using fiat and spend it on essentials, gold only moved 0.30% this past month, that's a good hedge against the depreciating fiat of some countries like Venezuela. The utility of such card is there.

QUOTE(Loiren @ Jun 18 2017, 10:01 PM)
Possibly but it is unlikely we are seeing this in the regional market where credit is easily available and readily attractive.
The AMA video on Saturday kind of allude that the trial test in Singapore had disappointing spending patterns.

Curious if this would change significantly with the sales of their card for a start.
*
yeah, the gold token would save failing currencies and preserve their spending power, I really really hope their code audit gets done soon.
vknight
post Jun 18 2017, 10:51 PM

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QUOTE(zamans98 @ Jun 17 2017, 10:58 PM)
Stratis, NEM, Waves are better.
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Thanks a lot for the recommendation

-kytz-
post Jun 19 2017, 02:45 AM

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What do you guys think about Antshares?

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