Welcome Guest ( Log In | Register )

31 Pages « < 8 9 10 11 12 > » Bottom

Outline · [ Standard ] · Linear+

 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

views
     
kmarc
post Jun 27 2017, 07:15 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(roy_zu @ Jun 26 2017, 11:45 PM)
Hopefully. I'm yet to invest fresh cash into this current dip yet. Should have taken some profit back last week. And SC around 550 sats. Good time to pick some up again.
*
Yeah, should have taken profit when everything was green. Looks like the cycle continues.... coins going up again. smile.gif

Damn I can't do anything as waiting for stellar free giveaways! rclxms.gif

Not too sure what's going on with stellar but I just loaned out stellar at 2.0%. Probably traders are shorting it? hmm.gif

QUOTE(chiwawa10 @ Jun 27 2017, 12:00 AM)
Hi all sifu, if i open an account with Poloniex is it possible for me to do international wire to deposit funds into my account? Also, do they charge any fee for maintaining an account with them? I'm newbie here and would like to jump on the bandwagon of investing in crypto-currency.
*
Poloniex doesn't deal with fiat so you can't transfer money directly to Polo.

QUOTE(David_78 @ Jun 27 2017, 12:02 AM)
becarefull of poloniex when you have lost coin, the never answer your support ticket... i log case 18 day ago no answer.
*
They are overwhelmed with tickets. My ticket took 40 days. sweat.gif

This post has been edited by kmarc: Jun 27 2017, 07:18 AM
kmarc
post Jun 27 2017, 10:38 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(blueblueoutofblue @ Jun 27 2017, 10:11 PM)
The longest storm ⛈ I ever encounter since invest in crypto
Marketcap drop 89B from 110B

Guess the storm will be severe for quite sometime until donno when

Everything is in Red
BTC, ETH, altcoin most all also keep dropping

Previously either BTC up, ETH drop a bit or ETH up a lot, BTC up a bit

Now, everything is down lol
*
Same here. Using up my remaining BTC from loans to buy discounted coins.

Wonder how long this is going to last.
kmarc
post Jun 27 2017, 11:10 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(blueblueoutofblue @ Jun 27 2017, 10:41 PM)
Probably weeks

No announcement from EEC?

Everyone just keep mum, slowly dumping everyday

Maybe it's anticipation for 22 July and 1 Aug
Make the market as low as possible then pump up again
*
Past few weeks has been storm after storm. sweat.gif

For me, just picking up some cheap coins and ride out the storm. Hope it passes soon.
kmarc
post Jun 27 2017, 11:23 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(wengherng @ Jun 27 2017, 11:12 PM)
I'm holding out on a glimmer of hope that this storm and gloomy days will last at least until after 1st August.
I need more time to build up my stash.  brows.gif

So many discount sales, so little money...... sad.gif
*
Good good. I'm not pumping in anymore money so I'm trying to catch the market next time using USDT. So far not successful. dry.gif
kmarc
post Jun 28 2017, 07:03 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



Stellar giveaway is here! Can claim it here : https://www.stellar.org/blog/bitcoin-claim-lumens-2/

Links on the top. Don't forget that besides BTC holders, XRP holders can also claim. thumbup.gif

Now it seems that they are still confirming whether Poloniex will participate in the program!!! bangwall.gif vmad.gif mad.gif

Hope Polo will participate. Will try to claim mine later.

QUOTE(heavensea @ Jun 28 2017, 01:01 AM)
Best move for brear mart:
Sell coins in green for usdt
Wait like a rabbit hunter
Woolaaaa buy coins in red with usdt you've collected so far

USDT ONLY DROPPED less than 1% in this market...
We might see btc to usd1700-1800 (myr 7xxx-80000, like before the bull mart.
*
Yeah, was waiting for more green before selling to USDT. Didn't managed to do that. sad.gif

Missed selling to USDT so yesterday I bought OMNI on the cheap instead. biggrin.gif Oh, bought some burst too together with other discounted coins in my collection....... my ETF collection might reach 60+ soon..... rclxub.gif

This post has been edited by kmarc: Jun 28 2017, 07:07 AM
kmarc
post Jun 28 2017, 07:44 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(blueblueoutofblue @ Jun 28 2017, 07:08 AM)
I missed it but I know someone here pump at 190 haha
Polo participate , no need do anything .. they will credit to us..

My BTC LOCKED in margin.. wonder they will give to me or not
*
Look at the link. Polo's status suddenly became "confirming".

QUOTE(jack2 @ Jun 28 2017, 07:11 AM)
To claim bitcoin, it is the bitcoin units held as at yesterday?
*
Bitcoins and XRP held on 26th June midnight UTC.
kmarc
post Jun 28 2017, 11:26 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



Whoopee! Already claimed my stellar from BTC in my trezor wallet. Was unfamiliar with signing of message but managed to figure it out eventually.

Cannot use Polo address to receive stellar though.
kmarc
post Jun 29 2017, 01:01 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(wengherng @ Jun 29 2017, 12:16 AM)
Since you can't use Polo to receive, how did you claim your lumens?
I read their official instructions, but couldn't really understand it.
What is this Stellar account ID they are talking about?
*
Stellar website asked to create an account so I just created an account.

That's the account you create to store the lumens. To access the account, use the stellar account viewer and enter the secret key.

QUOTE(tsunade @ Jun 29 2017, 12:30 AM)
were your BTCs kept in your trezor wallet when they took the snapshot? or were they in Polo?
mine was in Polo. Now still in the dark about the status  sad.gif
*
I had about 1 BTC on Polo and 0.5 BTC in Trezor.

Yeah, really disappointed with Polo. Hope they will join the giveaway program.
kmarc
post Jun 29 2017, 07:00 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(WooTz @ Jun 29 2017, 05:43 AM)
Retiring in JB now

Yeah Coinhako, Gemini and Coinbase accepts direct SGD deposits and withdrawals
*
Seriously? Retired? No part-time? biggrin.gif

Anyway, siacoin obelisk pre-sale is on. I'm going to take the plunge and buy one from my profits. Hope it is not the wrong decision! bruce.gif
kmarc
post Jun 29 2017, 07:31 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(jack2 @ Jun 29 2017, 07:02 AM)
So STR that is storing in polo can't be claimed?
*
You mean use STR address on Polo?

Nope, they don't accept as you need to attach a memo to STR address on Polo. The claiming website will warn you that they don't accept Polo's address.
kmarc
post Jun 29 2017, 09:39 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(soonming @ Jun 29 2017, 08:14 AM)
Was hoping for Polo to distribute but nothing so far. Since they mentioned if on exchanges no need to do anything?
But my coins were lent out at that time. So I dunno if I qualify?
*
QUOTE(soonming @ Jun 29 2017, 08:16 AM)
Can still claim? How do we do that?
*
Mine were lent out too. At the moment, no news on whether Polo will participate or not.

I only claimed the ones in my hardware wallet.

QUOTE(Ash1988 @ Jun 29 2017, 09:06 AM)
Actually I am kinda interested too with the Obelisk. Some $2k-ish right and they ship worldwide?
*
USD 2,500 + 70 postage using BTC. Looks like worldwide.

There's a clause that if they convert to USD and the price difference is >5% lower, have to top up. But they will refund if >5% higher. Also got free voucher for subsequentt batches.

Now on phone, difficult to type. Just google for siacoin Reddit, the link to the pre-sale is there.

This post has been edited by kmarc: Jun 29 2017, 09:44 AM
kmarc
post Jun 29 2017, 09:55 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(Chelsea-Fan @ Jun 29 2017, 09:46 AM)
For the Obelisk pre-order, we can only use BTC for payment? Do we need to pay in full amount or partially since the product will be available next year? BTC price might differ during that time.
*
There was a lot of unhappiness surrounding the questions you asked when the announcement was made.

Yup, in BTC. Have to pay in full as they will cash it out straight away to fund the miner.

Google siacoin Reddit. The pre-sale thread is there
kmarc
post Jun 29 2017, 10:06 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(TheConqueror @ Jun 29 2017, 09:46 AM)
Dear Sifus,
Is profit from crytocurrency investment legal? hmm.gif
If I transfer 200k to local bank, will there be any problem? hmm.gif
Or if buy car using the money after transfer to local bank, will there be any problem? :confused:
Thanks in advance. notworthy.gif
*
Some answers in the front page. Basically, nobody can answer you that because the government and LHDN does not have a stand on this particular issue. Some say it would be good to consult your own tax consultant, if you have one.....
kmarc
post Jun 29 2017, 10:26 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(TheConqueror @ Jun 29 2017, 10:22 AM)
Then do you guys not worry to transfer money to local bank and then government claim it is illegal?
Any maximum transaction limit before the government or bank start the query?
Or any tricks or precaution I should take during the transaction? tongue.gif
Please advise

From,
Crytocurrency Newbie
*
Somebody mentioned that banks need to report transaction that goes over 50k to BNM. And if not mistaken, one of the local bitcoin exchange also requested not to do single transactions more than 50k. I guess if you do small amounts, you won't fall under the radar of LDHN.

For me, i just wish LHDN can come up with a guide regarding income tax on cryptos.

This post has been edited by kmarc: Jun 29 2017, 10:27 AM
kmarc
post Jun 29 2017, 10:47 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(dc_talkz @ Jun 29 2017, 10:38 AM)
correct me if I'm wrong but does Sia Obelisk only allow you to mine Siacoins?
*
From their description, yes, looks like only siacoin.

For me, I'm planning to buy one as I have confidence with siacoin and this is sort of an investment decision AND also because the money comes from my profits in cryptos so it is still not that bad. Sort of like supporting the network.

I guess it is not a good option for those who wants to switch halfway. No joke dumping in USD 2500 at one shot.

This post has been edited by kmarc: Jun 29 2017, 10:49 AM
kmarc
post Jun 29 2017, 11:16 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(dc_talkz @ Jun 29 2017, 11:05 AM)
I did some reading as well previously and my problem is not with the pricing of USD 2500 but the lock up period; the product won't arrive until June 2018 if memory serves. I mean many of things could happen from now till then and only yesterday I read that ASUS will be releasing a special mining card specifically for mining. Still, it depends on your intentions as well, if you're an SC believer and wishes to support the network while making some passive profits, I guess long-term this could be a sound investment. Just curious though, are mining rigs difficult to purchase in Malaysia? I know that there is an issue with GPUs availability in countries where cryptos are huge; not too sure about Malaysia though.
*
Yeah, that's one of the teething issue. A long waiting time where nobody knows what will happen. June 2018 is the latest, they mentioned earlier shipping if possible. However, As it is an ASIC miner, no mini GPU farms can fight it. The website actually showed one ASIC equivalent to 100 GPUs. Overestimated of course....

Not too sure about acquiring miners in Malaysia as I'm in Sarawak. In Sarawak, everything also relatively difficult to get! Actually got lots of GPUs like 1060 to 1080 in local shops here. RX series no more. Who wants to come to Sibu to grab them? biggrin.gif

This post has been edited by kmarc: Jun 29 2017, 11:19 AM
kmarc
post Jun 29 2017, 11:34 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(dc_talkz @ Jun 29 2017, 11:28 AM)
Haha. Maybe one of these days I might have to go scavenge for GPUs around KL. If there aren't any, then I'll report back to you and you can consider starting a small business shipping GPUs across the South China Sea tongue.gif
*
I think better wait for dedicated GPU cards. wink.gif

Anyway, crypto market these few weeks are so boring. Almost seldom see any cryptos shoot above 50% on Polo. I blame bitcoin's uncertainty..... mad.gif
kmarc
post Jun 29 2017, 12:24 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(sirxl @ Jun 29 2017, 12:06 PM)
I did the same yesterday, was pretty seamless.
Too bad Polo missed this out, guess they are keeping the Stellars in their own pockets. A meh there for them.
*
I'm still hoping for Polo to join the program. I think they are overwhelmed with tickets and can't do anything else. Even listing of new coins doesn't seem to be happening.....

QUOTE(archangel22 @ Jun 29 2017, 12:06 PM)
https://twitter.com/7newssydney/status/879984497302749188
Bitcoin ATMs being rolled out across Australia. Users can now change Australian dollars into Bitcoin

thumbup.gif
*
Nice! Bitcoin price please go up!!!! smile.gif
kmarc
post Jun 29 2017, 01:27 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(TheConqueror @ Jun 29 2017, 01:01 PM)
Does anyone here queried by LHDN or Banks or Goverment body before on big amount transaction coming from Cyrptocurrency investment profit?
Would be great if there is some stories to be shared. laugh.gif

THanks.
*
Frankly speaking, I wouldn't want to be the first guinea pig to do that! You might be subjected to some arbitrary rule because they are not sure what it falls under.

But then again, I won't be selling any bitcoins for at least 2-3 years. See see how after that time.

QUOTE(suBz3ro @ Jun 29 2017, 01:16 PM)
1060 lots in Miri too
*
If not for the upcoming Mining GPUs, I would have bought some. Now with siacoin obelisk, I think I won't do any mining until I get the obelisk.

This post has been edited by kmarc: Jun 29 2017, 01:29 PM
kmarc
post Jun 29 2017, 03:24 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(thesnake @ Jun 29 2017, 01:43 PM)
can explain whats up with this Obelisk? sorry have not been catching up with previous posts.
*
Obelisk is the company that will produce the obelisk siacoin ASIC miner. A miner solely made for siacoin and can't be used for any other coin. Costing USD 2500 that needs to be preorder and paid in full these few days (preorders already open). The miner is still on the drawing board (!) and ETA latest June 2018. June is a conservative estimate and they hope to ship earlier.

Their main purpose is to strengthen the network and decentralize miners, among other things.

Whoever preorder the miner is actually putting a lot of faith that it will be delivered as planned. Anything can happen in one year..... the one advantage is that if you do get the first batch of miners, you will get the advantage of being able to earn more coins, something like ROI in one to two months at current prices. Of course, the final specs is still not out yet. Again, need a lot of faith...

This post has been edited by kmarc: Jun 29 2017, 03:30 PM

31 Pages « < 8 9 10 11 12 > » Top
 

Change to:
| Lo-Fi Version
0.0522sec    0.66    7 queries    GZIP Disabled
Time is now: 12th December 2025 - 06:54 AM