i just depo 2k of myr to luno a moment ago.and i bought 1.000xxx eth with 2k myr @@

at least for me still acceptable lar bcs i not buying much.if in a bigger quantity then it do cost some. for me its a ice break moment bcs my mining rig has just started the work,so i depo 2k into luno to get the 1st eth ..like opening...haha.cheers guys

Where is the recommended place to buy eth using RM?

Places I’ve found that allow such purchase is remitano & coinhako. Between these two, which is more recommended & why? If I buy at remitano, can I put the address as deposit address at exchange like bitrex or binance? In this case, the eth I buy will appear at exchange? Or I must get a Ethereum wallet for the address?

Tq in advance.

What am I supposed to do with “Your eth address” column when making purchase?

Hahaha... didn’t know wengherng disagrees with his attitude also. But he is somebody though. He is very good in what he does: trading the market. I give him that.

He just posted a long post to justify his behavior, saying that money-making is cut-throat and needs to be thick-skinned, and he is behaving like that for the good of the people.

I’m pretty sure there are mentors who make more money than him and still treat people respectfully. So no, his position is not a good justification for his behavior.

Anyway, no need to go all personal on him. I’m putting this here just so that everyone knows they don’t have to go all becoming god-worshippers and licking his boots in every comment and focus on absorbing knowledge minus the attitude.

How low do you see btc pulling back too ?

Agreed, was looking for AllnGap's view as I'm keen in buying more OMG after seeing his detailed post about it a few days/weeks ago    

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.
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 !

In order to upgrade to level 3 Luno, is e-statement from maybank2u acceptable? It doesn't show my residential address though. And somehow I can't upload the screenshoted statement through Luno due to file not supported (weird). I can only take picture through pc screen.

That's what I do

alright then. Thank you.

But i do realized the liquidity of Luno is not that high. So do u guys only use Luno to buy bitcoin? Then later on only send those bitcoin to other exchange? Which exchange would you recommend for high liquidity? Thank you.

Hello everyone,
I had developed an app to ease your life on monitoring both luno / coinhako price.
Both prices will be displayed in USD & Myr and compared to CMC bitcoin price
You can click refresh and color indicator will indicate when arbitrage is allowed

Currently I'm surveying the market for the demand for the apps, further development only will implement when a certain amount of people bought this app.
Such as:
- alts coin arbitrage
- Push notification when arbitrage is allowed
- Multiple exchange monitoring for BtC

Android user can purchase it here:
https://play.google.com/store/apps/details?...setech.CryptoMy

IOS version coming out soon

Have to see is it worth to further development or not, as I need to invest for server for further development 

I'm thinking of investing some money into crypto. Bitcoin seems to be at a really high price now but lots of people say it will continue going up. Should I invest in Bitcoin or Ethereum better? Is it a good time to buy and sell end of the year?

so sorry !
i was actually talking about the digimon vpet     

Thanks for the video

I'll diversify to ETH and OMG tomorrow when I get my Ledger Nano. Any recommended exchange? I heard bittrex and bitnance is ok for alt coins.

Now im wondering should I transfer all my coins to hardware wallet ? If so then to trade I need to transfer back to exchange. Quite troublesome.

just curious, how many of u guys actually buy alt coins, sell it off.. and then buy it again later seeing the price keep going up

buy low, sell high
buy higher, wait to sell even higher

so can i keep my btc in luno?