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Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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SUSAllnGap
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Jun 15 2017, 07:33 AM
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QUOTE(wengherng @ Jun 15 2017, 02:15 AM) Wow, ETH is at more than 0.14 to BTC. With BTC down below USD 2600 now, I am thinking whether I should liquidate some of my ETH into BTC and wait till BTC recovers? AllnGap, WooTz, kmarc......what do you guys think? Feasible? Or the worst idea ever? I'm not a technical investor, so would love to hear your thoughts. ETH buy wall around 300 BTC around 2200 however for both market is still seller market. i dunno where is all the buyers. i will dive in when BTC is near to 2000 This post has been edited by AllnGap: Jun 15 2017, 07:38 AM
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SUSAllnGap
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Jun 15 2017, 08:20 AM
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QUOTE(jack2 @ Jun 15 2017, 08:12 AM) Would it be costly to build a web like luno or localbitasia to let users transact buy sell and earn the trade fee/withdrawal fee? web is simple but a real working company costs up to million. plus need to settle regulatory requirements. chibai amll and kyc requirements enough to spin u around the earth n back Liao
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SUSAllnGap
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Jun 15 2017, 08:24 AM
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QUOTE(blueblueoutofblue @ Jun 15 2017, 08:21 AM) not if you have crony connection  but can make a lot of money wor.... daily volume at xbitasia around 50btc. less than RM 600k everyday manipulate 3-4% higher already earn kawkaw. I calculate need less than RM 400k can manipulate Liao....hahahaha
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SUSAllnGap
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Jun 15 2017, 08:27 AM
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QUOTE(mois @ Jun 15 2017, 08:23 AM) Which exchange u plan buy into? Hardly can see near on spot price. Luno still expensive tho u can try to put low bids at xbitasia. highest price in buy the other day I saw for 12hours there are ppl letting go at the buy ask where the sell bids was almost 800 bucks higher. not much la, I saw 12 hours can get 0.8btc at around 11,600 where the sell was at 12,400. maybe some desperate for cash ppl will offload to u. This post has been edited by AllnGap: Jun 15 2017, 08:28 AM
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SUSAllnGap
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Jun 15 2017, 08:33 AM
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QUOTE(blueblueoutofblue @ Jun 15 2017, 08:28 AM) 600k per day a lot meh.. those crony earn million...  assume u can manipulate 2% daily for RM 200k. means of 60btc, only profit 20btc, the other 40btc for operations. walao one month 60% Liao or RM 120k all u need is 600k cash. u can get grow 120k monthly. 4months ROI. This post has been edited by AllnGap: Jun 15 2017, 08:34 AM
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SUSAllnGap
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Jun 15 2017, 08:39 AM
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QUOTE(jack2 @ Jun 15 2017, 08:34 AM) Consider OK liao.. daily volume of RM500k, buy sell eat 0.5% = 1%... Daily earn RM5k.. 1 employee is working and good enough to process deposits and withdrawals... problem is the compliance man. BNM knock it door say u do money laundering u KO
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SUSAllnGap
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Jun 15 2017, 08:59 AM
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QUOTE(jack2 @ Jun 15 2017, 08:50 AM) Luno can do it. We can do it as well with some advisors or consultants who are professional in all these frameworks. frankly i tell u they don't earn on that 0.5% wan. cuz not enough to pay off undertable money.
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SUSAllnGap
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Jun 15 2017, 10:01 AM
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QUOTE(WooTz @ Jun 15 2017, 10:00 AM) Ten years jail and/or confiscation if caught holding undeclared crypto 1984 ladies and gentlemen. only in the US. if out of sudden they close down POLO in the US....fuuuarrkkk
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SUSAllnGap
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Jun 15 2017, 10:13 AM
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QUOTE(WooTz @ Jun 15 2017, 10:06 AM) Just like how the planet reacted to Janet Yellen's 0.25% I'm afraid such foolish laws are going to spook the entire planet. thats normal, because USD strengthens, so everything will have to retreat. USD although bottom of my heart is a piece of worthless shit but still have to give face until it becomes a piece of worthless shit
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SUSAllnGap
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Jun 15 2017, 12:21 PM
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QUOTE(blueblueoutofblue @ Jun 15 2017, 12:01 PM) i only did few question already boring USD60K/year actually not bad  just work in front of PC for 60k USD Ka ?
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SUSAllnGap
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Jun 15 2017, 05:23 PM
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QUOTE(blueblueoutofblue @ Jun 15 2017, 04:49 PM) ermm... no, we are malaysian, as far as i know here... whaler like mengherng and kmarc in malaysia whaler Wootz our big boss reside in singapore.. but a true malaysian ? dunt say i never warn u. ETH buyers not back yet. 3x seller to 1 buyer ratio.
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SUSAllnGap
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Jun 15 2017, 05:52 PM
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QUOTE(wengherng @ Jun 15 2017, 05:48 PM) Actually, I just checked with XBit Asia about 30 minutes ago, and the lowest sell price was only about 3% higher than the global average price I saw on Coinmarketcap. Personally, I have not seen a 15% premium before. One thing that crossed my mind is that maybe (just maybe) the prices in Malaysia are delayed and not as quick as the global average, hence when prices are dropping, the prices on Malaysian exchanges don't drop as fast, so you will be seeing a larger difference. Another thing to note is that we should never use the global average as a true gauge for our own buy prices, that will just get you depressed and frustrated. Most countries' prices fluctuate 3 - 5% above or below the global average prices anyway. nobody wants to keep your MYR. they gotta change our MYR back to USD wan, if our currency is unstable, then they got to factor in FX risk. so get used to shitty MYR
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SUSAllnGap
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Jun 15 2017, 06:09 PM
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QUOTE(kmarc @ Jun 15 2017, 06:02 PM) Aaaa... shucks. Even BTC on standby can't do much. Not much discount except for those coins tied to USDT on Polo. Should have converted some to USDT earlier. If you see USDT, it spiked past one day: https://coinmarketcap.com/assets/tether/Oh well, learn a new thing today. Next time will be ready and standby both BTC and USDT!  USDT us a multiplier factor used by margin exchanges like bitfinex and polo to close arbitrage between exchanges la. when got difference between polo and GDAX/coinbase, usdT will spike
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SUSAllnGap
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Jun 15 2017, 06:45 PM
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QUOTE(kmarc @ Jun 15 2017, 06:13 PM) Not also because of traders/investors running to USDT? If one were to reserve some USDT today, would have made a killing buying discounted coins. i just know when POLO/BITFINEX price was much lower than COINBASE, i multiplied USDT and i get back the same as coinbase. perhaps if u keep USDT then u get to buy lower price than the rest. no difference = USD 1.01 to 1Tether got USD 200 difference = USD 1.05 to 1Tether
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SUSAllnGap
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Jun 15 2017, 07:05 PM
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QUOTE(kmarc @ Jun 15 2017, 06:52 PM) I meant selling off BTC to USDT when it was almost almost USD 3k or when bad news comes out. I did sell off some altcoins to bitcoins but not useful in such circumstances. yes when it's too high better to sell off hold fiat or USDT when BTC drop ur holding all sure pokai. or u can mark down whatever coins that has dropped lets say 30%. sell your BTC at 3k, buy those discounted coins lo. at least it has dropped so much and hard to go any lower.
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SUSAllnGap
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Jun 15 2017, 08:26 PM
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QUOTE(goldfries @ Jun 15 2017, 08:22 PM) mana ada?  Kentang emas shop no physical wan yet. your dark circles are pretty nasty man. get some sleep
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SUSAllnGap
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Jun 15 2017, 11:41 PM
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BTC strong buy wall @ 2000 ETH strong buy wall @ 250
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SUSAllnGap
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Jun 15 2017, 11:45 PM
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QUOTE(Chelsea-Fan @ Jun 15 2017, 11:43 PM) Where you see those data? secret
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SUSAllnGap
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Jun 15 2017, 11:57 PM
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QUOTE(jack2 @ Jun 15 2017, 11:44 PM) bomoh power more accurate on btc and eth.
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SUSAllnGap
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Jun 16 2017, 12:13 AM
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QUOTE(Chelsea-Fan @ Jun 15 2017, 11:43 PM) Where you see those data? i many times give tips d. maybe i offended or disappointed some of u all when i say it's going to crash or going south instead. do note that i'm report what i see and the market sentiments. the market is always right you see. yesterday i told blublue to let go his ETH @ 391 but he dint wanted to. already told him it's seller market he dunt believe. day before i told jack2 to faster offload his ETH and BTC. he thinks i'm scaring him so that i can buy his unit lower. see where are they now. maybe i diam diam better lol
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