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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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HHCC
post Jul 31 2017, 02:18 PM

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QUOTE(wengherng @ Jul 31 2017, 01:29 PM)
The article is insightful, but is not entirely accurate either.
First of all, Bitcoin Cash is not BCC......BCC is BitConnect, and it is a totally different coin altogether (and one that has quite a significant market cap too, by the way).

The particular sentence "The value for BCC has to come from somewhere, and deducting it from the regular Bitcoin price would seem the most logical course of action'" is actually rather misleading.
The "value" of any coin has no physical ties to any other coin......its value is simply what the general public sees in this particular coin. The value of a coin does not need to "come from somewhere".
The price, though, may have a slightly more correlation to another coin, namely bitcoin, but also not much, since one single trade on a single exchange will determine the "price" of Bitcoin Cash.
A more accurate description would be to say that the market capitalisation of Bitcoin Cash would have to "come from somewhere", which would be true. In this case, when it hits the exchanges, the amount of money flowing into (or out of) Bitcoin Cash would determine its price.
But then again, this is not exclusive to bitcoin only......the public can just as easily sell their other assets/coins to buy Bitcoin Cash if they want, in which case, the market capilatisation of Bitcoin Cash would be coming from another token, or even fresh money from outside of the cryptocurrency sphere.

In fact, if I were to be so bold as to make a prediction, I'd even say that once it hits the exchanges, the price will spike for a while and then be dumped, since people are calling it "free money", it makes sense that many people will immediately sell it off to buy more "conventional" tokens, like bitcoin, ripple, monero or ethereum, especially since ETH is selling at quite a discount off of its all time high from a few weeks back.

But then again, I make terrible predictions......which is why I am not a trader.  sweat.gif
Bitcoin Cash might even go up to USD 2800 and bitcoin might go down to USD 8. (I'd be an extremely unhappy man for the next few years if that happens)
Who knows......this is the wild west of Cryptoland.
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A very fair assessment of the situation I must say.

I believe BCH will survive and am hodling it for long term appreciation just like BTC. The incentive to keep this Blockchain alive is tremendous and with ready users but to manage it with different set of guidelines, merchants, miners etc (a complete ready made ecosystem) will give it some kind of value.

Even at USD50 per BCH, it will easily make the top 10 in market cap.

HODL! LOL

HHCC
post Aug 2 2017, 10:38 AM

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QUOTE(archangel22 @ Aug 2 2017, 10:17 AM)
1) Sell your BCH, get BTC.
2) Split new BTC, get new BCH.
rinse and repeat.
anyone tried?  brows.gif freemoney^2
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I think you got it wrong. BTC holders can only claim BCH/BCC if they own the token at exactly 1 Aug 12:20 UTC, not a second earlier or later. Plus you have to know your private keys to your public address or kept it an exchange that supports BCH/BCC like Bittrex or wallets that will automatically create a BCH/BCC wallet like Freewallet.

Buying new BTC now doesn't entitle you to BCH/BCC.
HHCC
post Aug 2 2017, 12:01 PM

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QUOTE(Enigmatic @ Aug 2 2017, 10:39 AM)
Nah - What he meant was to create a fork of BTC again and again for "free money" lol.
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I think he meant do it now cos he said "rinse and repeat" and "anyone tried?"

Future forks if happen too many times will actually devalue our holdings. Imagine one fork a year. Yes we'll have more coins, in whatever bitcoins iterations name, but the value could be insignificant.
HHCC
post Aug 2 2017, 12:09 PM

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QUOTE(ruudygh @ Aug 2 2017, 11:09 AM)
I have my btc in exodus prior to the fork. I want to claim my free bcc by exporting the private key to other bch wallet.

But since many sifu said its better to move my btc out from its original place before giving my private key to other wallet (to prevent key leak), does that mean i should not use exodus again in the future? until forever? sad.gif  sad.gif  sad.gif
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The public address and the private keys are identical in both BTC and BCC/BCH blockchains!

Create a new public address by generating a new wallet in Exodus and transfer your BTC to it.

That's my understanding but I could be wrong.
HHCC
post Aug 3 2017, 07:04 PM

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My question to PAY token holders. TenX will distribute 0.5% of the total transactions to you guys in accordance to the amount of tokens you hold.

Can I know how much are you guys getting per month say if you are holding 1000 tokens?

Thank you in advance.
HHCC
post Aug 3 2017, 08:59 PM

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QUOTE(mcko @ Aug 3 2017, 07:16 PM)
Example if in 1 year total transaction volume is $50 billion, 0.5% is shared among the 205+ million PAY tokens.

0.5% of 50 billion = $250 million
$250 million / 205 million units of PAY = $1.22 dividend per PAY
1000 PAY token dividends = $1220 annually = $101.6 monthly
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Thanks and how much are they paying out currently cos I don't think they are transacting any where near USD50 bil annually. That's MasterCard Visa territories.
HHCC
post Sep 30 2017, 04:32 AM

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QUOTE(raynman @ Sep 29 2017, 11:58 PM)
Decent Bet (DBET) is your best bet.

https://decent.bet

I just subscribed to their ICO two days ago. smile.gif

Just send your Ether to their ICO address from your MyEtherWallet,
and you will receive your subscribed DBET tokens in your MyEtherWallet.
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Delete

This post has been edited by HHCC: Sep 30 2017, 04:43 AM
HHCC
post Sep 30 2017, 04:32 AM

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QUOTE(raynman @ Sep 29 2017, 11:58 PM)
Decent Bet (DBET) is your best bet.

https://decent.bet

I just subscribed to their ICO two days ago. smile.gif

Just send your Ether to their ICO address from your MyEtherWallet,
and you will receive your subscribed DBET tokens in your MyEtherWallet.
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Delete

This post has been edited by HHCC: Sep 30 2017, 04:33 AM
HHCC
post Nov 1 2017, 09:50 PM

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QUOTE(iloveusms @ Nov 1 2017, 05:53 PM)
Thanks bro wenherng and above few bro reply,ok now i will compare price and get my Ledger Nano S,but for now before my Ledger Nano S coming and if i got customer want send me BTC,so what should i do now?where to register account to received it?or need wait till Ledger Nano S come just can received BTC?and after that will it hard to cash out,i mean change to RM easily?Previously mostly using paypal and can cash out easily to malaysia bank account.Thanks and hope can get more knowledge here and can start receive my first BTC. biggrin.gif
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Generate a BTC paper wallet. Extremely secure. Cost next to nothing. Lots of tutorial in YouTube.
HHCC
post Nov 1 2017, 10:06 PM

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QUOTE(jack2 @ Nov 1 2017, 09:52 PM)
which paper wallet?
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Jack bro,

All paper wallet are the same. Paper wallet is generated off line and kept off line, so the chances of it being hacked/compromised is almost zero. Unless of course you lose your paper wallet. Just print out a few copies and laminate for long term hodling. Applicable to a lot of other coins too like Dash, LTC etc.

https://youtu.be/wfcNyG3eqAQ
HHCC
post Nov 18 2017, 08:15 AM

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QUOTE(AllnGap @ Nov 18 2017, 06:46 AM)
I'm not FOMO-ing anyone. I'm pointing what this company can do and deliver.
this is one of the good projects which are under the radar and still cheap, few projects that have huge customers base under them. bringing game changer disruptive technology and will grow into very large scale.

fine, fine, I keep all my super high potential coins analysis to myself.

btw, NEO got pumped 35% on rumours china gonna open back crypto (rumours !!!)

so I point out facts I'm FOMO-ing ppl. LEL
btw, i'm a trader, i dont believe in HODL strategy, yet i will HODL on OMG. pump all profits into OMG, from caterpillar it gonna grow into Godzilla size butterfly beaming money rainbows into my pockets
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I for one think your post is very informative. Quality post in here is lacking.

Keep them coming!

HHCC
post Dec 1 2017, 05:16 PM

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QUOTE(AllnGap @ Dec 1 2017, 04:42 PM)
user posted image

What OmiseGO is trying to achieve ??

a whole new eco-system like Internet, Internet of value transfer system


humans need to transfer value, we have Paypal, VISA, and many many more transfer value system.
so one corporation come out with one network, monopoly whole market with exorbitant rate, fragmented network owned by corporations so they can milk anyone to their advantage.
So there comes OMISEGO network. it's based on blockchain, trustless, cheaper, faster, higher capacity and decentralized, not owned by OMG themselves. It's a public network, much like the Internet, free for all, it's the Internet to transfer value.

This value can be in any forms, be it fiat currency, crypto-currency, travel points, loyalty points, can be anything.

so we have the network, to to connect the network, you will need a wallet as a medium.
So they designed an open source software development kit (SDK) wallet, which anyone can use to design whatever they want.
the SDK wallet doesnt require corporations to spend money on the servers, hire programmers to write programs, take care of security that type, no maintenance fees. They just need to create the wallet and whenever they transfer value, some small percentage is deducted. this allows a lot of small companies to use OMG. cuz they dont have to worry about the wallet issues at all.

as everyone basically has a smartphone, and as central banks around the world all going cashless, this is the future of money, and will shape spending habits for the future.

AliPAY and WeChat pay transaction volume alone is worth USD 3trillion for 2016 data.
since they made it open source, whatever scale corporation, or small companies, even clubs can design their own wallet systems, put their brand on it since it's white label. those points membership card will be outdated very fast.
whatever thing processed on OMG network will need to pay small fees, the stakers will earn fees on it.
the third component is of course the decentralised exchange (DEX)
DEX will make sure they have enough liquidity and further enhance the transaction volume on the network.
best part of the DEX is that it can be denominated in any cryptocurrency. Like EtherDelta is based on ethereum, a few more is based solely on BTC.
OMG's DEX can be swapped with any coin. thumbup.gif
well the above is what they are trying to do.
they are creating infrastructure which is much needed years ahead. cut off reliance and the power of corporations, especially rent seeking mindset which deducts 2.5% on top of every value transfer u made.
Those on OMISE-GO's team are visionaries that saw what blockchain can break free from corporations' system.

VISA does fiat payment across border, Paypal does internet payment system. OMISEGO does all.
imagine u stake OMG from the beginning, the network gains more and more volume until ppl dump VISA for OMG payment system cuz it's so much cheaper.
the returns will keep on growing and growing and growing as economies getting more digital
biggest factor is also their connections and strategy to grow volume on their network.
1. OMISE their parent company is very very strong in Thailand (linked with Alipay, McDonalds Thai, Burger King, 7-11, and a whole lot more
2. OMISE gave seed fund to Ethereum foundation back at 2015. so their relationship was way way back then.
OMG network, plasma are the few complementary projects to link with ethereum. Imagine if 50% of new ICO on ethereum platform uses OMG wallet SDK. all their transfer of value runs through OMG network.
3. next year OMISE Japan is going high gear to penetrate Japanese market.
4. World 5th largest Bank, MUFJ Financial Group (USD 2.4trillion) invests in OMG via Krungsuri
after i watch those geeks talk only i understand what they are trying to do.
OMG is the Internet of Value Transfer !
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For discussion sake.

https://storeofvalue.github.io/posts/omiseg...uld-you-invest/

Quoting the last paragraph of the article below

"OmiseGo does not have a blockchain right now. It doesn’t even have a public Git repository (a public Git repo would demonstrate to investors that the project is progressing healthily). This not only goes completely against the traditional openness of cryptocurrencies, it also forces investors to invest in a set of promises manifesting as a series of tweets and photo ops.

If the OmiseGo blockchain is going to be public anyways, why treat it as proprietary technology? OmiseGo should be open and show their work, show that it will live up to the hype generated by their relentless Twitter marketing."

What is your take/comments. Thanks AllnGap.




HHCC
post Dec 8 2017, 05:29 PM

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Any trader selling ETH pls PM. Need a small amount.
Jack2 has no stock. Thanks.
HHCC
post Dec 18 2017, 09:58 AM

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Can I send my EOS token from an exchange to my MEW? I use the same MEW receiving address correct?

TQ guys.
HHCC
post Dec 18 2017, 10:37 AM

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QUOTE(korangar @ Dec 18 2017, 10:16 AM)
yupe, just use the same MEW address can do.
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TQ
HHCC
post Dec 20 2017, 02:19 PM

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Guys,

What is the best cold/offline wallet for IOTA? I have mine in an exchange now. Thanks.
HHCC
post Dec 20 2017, 05:37 PM

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QUOTE(xiaobaiwm @ Dec 20 2017, 04:35 PM)
Guys, I am still confusing. Hope anyone here could enlighten me up.

Quick questions:
Let's said that btc price is at $18,000 and ripple is trading at 0.001 satoshi, which equates to $18 per ripple.If I were to buy 1 ripple at 0.001 satoshi ($18) and that BTC rises in price to $32,000, I would need more satoshi to convert back to BTC right? Assuming ripple grows slower than BTC. Doesnt that mean I am at lost?

or how do you calculate your P/L?

or, I heard that some said that it's the same when you measured in terms of USD.?? How would it be the same when you bought 0.1 btc @$1k 1 year ago and 0.1 btc @20k now?
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Assuming XRP rise to $20 and BTC to $32,000, you will still see a profit of $2 if you trade your 1 XRP to 0.000625 BTC and then immediately trade your 0.000625 BTC to USD20.

If you do not trade your 0.000625 BTC to USD, then you are actually opening a new position with your BTC ie you are long on BTC price.

That's how I calculate my profits if my source of investment is from USD.

Conversely, if I mine bitcoin, I am opening a position with BTC and trading it to XRP. Then I would use sats value to calculate my profits or loss as the case may be.

That's how I do it. Hope it makes sense.

This post has been edited by HHCC: Dec 20 2017, 05:43 PM
HHCC
post Jan 13 2018, 11:41 PM

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How do one claim Bitcoin Diamond BCD? Can't find any reliable resources on this topic?

Anyone know of a safe method. Thanks.

This post has been edited by HHCC: Jan 13 2018, 11:41 PM
HHCC
post Jan 13 2018, 11:45 PM

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QUOTE(PrincZe @ Jan 13 2018, 11:42 PM)
claim? last time got free air drop. thats all.

now u can only buy it
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I hold some BTC at the time of the fork and the airdrop rewards BTC holders 10 BCD for every 1 BTC held. How do I claim/access BCD?
HHCC
post Jan 13 2018, 11:50 PM

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QUOTE(PrincZe @ Jan 13 2018, 11:47 PM)
depends where did you put your btc. i.e binance awarded us the airdrop. so we have free bcd
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Hardware wallet Ledger some and paper wallet some.

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