thought I got it wrong initially.. went googling

for convenience sake I think. cut the 0s behind

"Adam White, the vice president of GDAX which is run by U.S. firm Coinbase, posted on the exchange's blog, outlining what took place at around 12:30 p.m. PT on Wednesday. According to White, the multimillion dollar market sell order resulted in a number of orders being filled from $317.81 to $224.48.

As the price continued to fall, another 800 stop loss orders and margin funding liquidations caused ethereum to trade as low as 10 cents."

Read more: http://www.cnbc.com/2017/06/22/ethereum-pr...llar-trade.html

Missed the chance to buy at 25k some bought 50btc worth

Too bad didn't have extra funding otherwise could scoop up some at 20k Liquidated my tiny capital a week or two back. What's rolling inside now is my unrealised gain

If it ever rises to that high I'll kill myself I just went short and liquidated the saplings at 26k. Waiting for 20k

Use android wallet I believe it is lighter. Fully sync within few minutes. I think they don't sync the entire blockchain. Last I fully sync bitcoin core took about 5 days

Discount sale or we'll have to see when the west wakes up later

Capital gains – Capital gains are not taxed in Malaysia, except for gains derived from the disposal of real property or on the sale of shares in a real property company. The rate is 30% for such disposals of property made within three years after the date of acquisition.

Not sure if crypto is deemed to be a capital asset or not, "gray" area maybe?

wengherng more raya discount sales or not..

I believe the closer it gets to Aug 1 the lower BTC price would be. Have you gone through the ETH forking last year end? How was it like?

As you said you aren't keen to pay an additional 12% of premium.. So no one would be that kind to sell you at a discount actually (a market value on polo resembles a discount to us Malaysians).

If someone actually do... Post it up here

As of now a BTC is priced at 11.4k on Luno. ETH is currently trading for about 0.98btc on polo/trex/cex.
~ 1.11k

If you buy directly from CEX it's 243USD
~ 1042 (conversion rate may differ from bank to bank) + transaction fees

*Sorry it aint clear if you're looking for ETH or BTC

This post has been edited by b0rhui: Jun 27 2017, 12:23 AM

I am unwilling and not happy with this but we've got no choice

As roy_zu has mentioned we are both buying and selling at a premium. Let's not talk about CEX as it requires purchase to be made in USD

Luno sells BTC in MYR correct? It's called a BTC/MYR pair. We want to buy it in MYR as our payment method only allows M2U transfer, CIMB clicks etc.

When we do trades on Luno the entire market for BTC/MYR is traded at a premium (We buy at 11,400 means somebody else is selling at 11,400).

The price you see in USD (market value) requires one to deposit fund in USD

You may think: alright I can wire the money internationally in USD, into their US bank account. This is restricted by many possible reasons:
1. Cost of wire and conversion rate
2. The oversea exchange may not take international payments
3. The oversea exchange would not allow you to deposit in USD as your identity verification shows you're not an American

All in all the above reason (and many more) explains why the local market is traded at a premium. It involves cost to make it available here A product made in China will not, and cannot be sold here at the same equivalent amount of ¥CNY

Please correct me

Unless you think negatively on ETH, I don't see any benefit in doing that.

Assuming ETH stays stagnant at 0.1BTC value, BTC going up 20% would mean your ETH value goes up by same 20% as well

What if ETH and BTC both recovers? You can't be happier

How do we go about the change? Sit back and relax?

This post has been edited by b0rhui: Jun 27 2017, 06:07 AM

What do they use, bitpay or what? I think Bitpay should be adopted WORLDWIDE as it provides real time market value transfer of BTC. I've seen YouTube videos talking about people trying to live with BTC in New York city but problem is:

1. Lacking of option
2. Charge a heap premium on bitcoin payments as they don't use middleman services like Bitpay. This means they'll have to charge a premium to hedge against volatility

If Bitpay is adopted this could be avoided. Just like Samsung PAY/M2U Pay. Scan QR, make payment, merchant receives payment in USD real time, deduct some part of commission.

Pretty sure the Chinese are frying it. It was consistently traded at a cheaper price in Chinese market. Now it's more expensive already

Someone pointed out that Chinese did not have faith/hype in ANS previously, were that you heavensea? How's the chinese forums behaving towards ANS now?

Though it has recovered it's still nowhere near previous ATH. HODL

This post has been edited by b0rhui: Jun 29 2017, 09:39 PM

Whaler like blueblueoutofblue definitely hits upon the definition of trade

I'm thinking in future they may consider CC as the same investment vehicle like property & stock securities ... in which a tax rate within 15%-30% will apply unless you HODL for at least 5 years!

I noticed when the consolidation starts it would usually dip after some time, if the volumes go decreasing. Is it true?

How long do they take to confirm your withdrawal of ANS/ANC? Yunbi used around 12-48hours just to confirm it. My ETH based GNT withdrawal from Yunbi hasn't been processed despite almost 3 days already

Trading in non liquid market with huge spread.. Basically using hacked account to purchase hacker's hyper inflated bid price.

If no advantage for them (doing it for fun) then these people are freaking sick

Malwarebytes + Windows Defender + frequent windows update is more than enough actually. Many anti virus hogs quite some computing power especially during window startups and background scan

You should know that the keys sold are usually cracked/resold/stolen right. As long as it works and cheap I guess

Avoid installing and accessing suspicious program and websites