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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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SUSAllnGap
post Sep 20 2017, 07:32 AM

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QUOTE(TheRealist @ Sep 20 2017, 07:18 AM)
Yeah. I agree. People are stupid to not put their money into bits and bytes.
Get it.
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since u already made up your mind why are u still here ?
go live your normal life with strong conviction la. dont touch bytes at all

all the answers i thrown to you u cant answer them at all.
you already boxed in and think narrowly, your eyes read what i wrote, your mind blocks it from registering.

if u continue trolling around, i'll ask mods to kick u out.

SUSAllnGap
post Sep 20 2017, 07:38 AM

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QUOTE(yamasakai @ Sep 20 2017, 07:35 AM)
Why are people that use the internet, who are indirectly using bit and bytes as well, post so early in the morning.
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whether he likes it or not, a lot of things are moving to bits and bytes.

central banks are starting to ban cash and it's already implemented heavily like South Korea.
everything they go they just use wallet to beep that amount.

singapore think-tanks are also proposing that move already.


SUSAllnGap
post Sep 20 2017, 08:13 PM

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QUOTE(kimigenesis @ Sep 20 2017, 07:58 PM)
It is 20th of September and counting with remaining 10 days for all close down on exchanges. I can just wish good luck to someone who ignore those warning and in fact, I don't benefit anything telling what I know but insult. We will see what happen when those Chinese Regulators start to banned BTC in China.
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u work from China yet u dunno how chinese bypass that Great Wall of China ka ??
LOLFUCKINGMAO....

PRC just need to cross border to HK to buy BTC, and they already have lots of accounts standby at Japan Exchange because this is not the first and wont be the last time regulators ban BTC.

what kind of fund trader dunno about this ?
SUSAllnGap
post Sep 20 2017, 08:39 PM

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QUOTE(kimigenesis @ Sep 20 2017, 08:27 PM)
Nice, another kampung boy that stay in rock bottom of Malaysia act to know much about China rules. Each card spending more than RMB 1k in foreign country from local bank card have to report by bank to the authority. A maximum of USD 50k per year for each individual. It is easy to say cross border to HK to buy BTC. How your money get out from China? Lead me a good way and I have a lot of serious business for you. The only legal way to do so by QDII Qualified Direct Institutional Investor if you don't know what QDII means.
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I never know fund trader that don't know all these loopholes. LMAO.
u fail damn hard la.
SUSAllnGap
post Sep 20 2017, 10:15 PM

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QUOTE(kimigenesis @ Sep 20 2017, 10:08 PM)
Yeah, it is backed by nothing not like our fiat currencies actually backed by physical gold. If all the exchanges account in China closed down and the owner cannot withdraw coin, will exchanges keep it? Where will those coins go? If all China coin go back to foreign market to change back fiat currencies to pay those account, who will buy? So you can imagine the coming soon impact once those exchanges close down.
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our fiat currency backed by physical gold ??
what weed u smoking bro ???


SUSAllnGap
post Sep 20 2017, 11:51 PM

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QUOTE(kimigenesis @ Sep 20 2017, 10:51 PM)
The demand for Bitcoin is only based on speculation. I cannot find commercial value other than an instrument for gambling with a large appetite for risk and greed. For now, one can still convert it back to precious metal for its speculated value, but not for long. When it comes down, we have seen how fast it can drop. When a country like China is heading towards economic depression, Bitcoin would be the last thing it worry about. Do you think the regulatory will allow those investor easily transfer their money to international exchanges or so called Korean Exchanges?

Shall I describe you as jokers popping up with your silly mindset that can easily moved their funds to international exchanges?
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you're a sort of a trader/fund manager right ??
or just a troll ??

user posted image



for those that dunt know what this chart is about.
this chart is basically BTC traded vs the percentage of different currencies
Chinese government had banned BTC exchange before, then reopen FEB 2017
back then chinese dominated very large sums of volume (back around 2015 time, most of it due to futures trading with leverage)

since then with opening of other exchanges such as in Japan, Korea, HK, US, Europe, UK.
chinese dominance has drop.

The ban however does not stop chinese PRC frying chefs to get a chunk of crypto.
they have accounts in Japan, HK on standby. not sure the exact date, but 2015 to early 2017 btc exchange cannot withdraw, so most of PRC are in Japan. so YEN denomination is higher until FEB 2017.
then now the ban, RMB denomination drops, YEN COMES BACK.

if u think Great Wall of China can stop PRC from playing crypto.
u must be a very lame trader in deed. lowest tier who dont know shit

recently OMG (linked with Alipay and WeChat) helped to setup payment gateway for crypto exchange in Thailand. (Thailand government is very open and welcome crypto)
means PRC can withdraw cash from their Alipay/WeChat pay to fund their exchange account in Thailand.

This post has been edited by AllnGap: Sep 20 2017, 11:53 PM
SUSAllnGap
post Sep 20 2017, 11:59 PM

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user posted image

again, china importance in BTC is not trading volume anymore, but mining only.
their PRC already crossed their great wall to trade at other exchanges.

SUSAllnGap
post Sep 21 2017, 12:06 AM

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QUOTE(kimigenesis @ Sep 21 2017, 12:01 AM)
Eventhought dc_talkz post a lot of those consider insulting words, but I am still happy debating with him because at least his post does make sense. I am lazy to reply with your post because your post are too childish. Withdraw or deposit with Alipay/WeChat? I laugh till my stomach ache now. Go home and do your research first about Chinese regulatory.
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LOLFUCKINGMAO.

anyway, u got no points to debate. u keep spinning the same shit "no commercial value"
so Google accepts something with "no commercial value" ??
Switzerland town now accept tax payments in the forms of BTC
Dubai developer accept BTC for condo payments.

NO FUCKING COMMERCIAL VALUE !!!!!!

sorry for my profanity. either you are plain retarded or a troll.

This post has been edited by AllnGap: Sep 21 2017, 12:06 AM
SUSAllnGap
post Sep 21 2017, 12:20 AM

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user posted image

troll arguments
1. NO COMMERCIAL VALUE (this one confirm u are either trolling or super duper outdated)
2. BTC BANNED IN CHINA, BTC GG (this one proves you are not a trader, or a retard who dunt know how PRC bypass Great Wall of China)

what else u wanna claim ??

This post has been edited by AllnGap: Sep 21 2017, 12:20 AM
SUSAllnGap
post Sep 21 2017, 12:36 AM

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QUOTE(Davez89 @ Sep 21 2017, 12:35 AM)
[attachmentid=9157611]

Any of u here familiar how bank works? I just want to confirm if i keep withdrawing like this from luno to bank wont be a problem right?

i dont wanna get into trouble with bnm later lol..if theres no problem i wanna cash out more and regularly(weekly)
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better avoid maybank.
withdraw to foreign bank.
SUSAllnGap
post Sep 21 2017, 12:43 AM

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QUOTE(Davez89 @ Sep 21 2017, 12:37 AM)
i only have local bank accounts..how do i go about foreign banks?
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can try Kuwait finance house, standard chartered those.

I dunno same case can apply for crypto but I know foreign banks less problem. maybank is local bank and directly owned by government u know.

to be safe u better start declare these income. government is forming the framework for it.
SUSAllnGap
post Sep 21 2017, 08:31 AM

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QUOTE(Davez89 @ Sep 21 2017, 08:05 AM)
U mean transactions for maybank or luno to maybank?  If transaction for the past 30 days is 29.
Luno to maybank last month around 4-5 times I withdrawed.  Also the amount all not same.

Btw u banker ?
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add multiple bank accounts to LUNO.
best if non local banks.
withdraw small amounts spread across those banks.

SUSAllnGap
post Sep 21 2017, 06:08 PM

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QUOTE(Davez89 @ Sep 21 2017, 06:02 PM)
I'm starting to think this guy either bought at the highest 4900+- or missed the boat.
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he's the one who panic sell into buy orders slightly below $3,000 last week.
SUSAllnGap
post Sep 22 2017, 11:30 AM

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QUOTE(kbandito @ Sep 22 2017, 10:12 AM)
Correction: It's Omise not Omise Go, two different entities
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once the blockchain is ready, those on Omise (parent) company will use Omise-GO.

here comes mother of all payment gateway, remittance, new form of banking
SUSAllnGap
post Sep 26 2017, 10:17 AM

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LOL, less than 3weeks all forgotten China ban crypto fears liao....

SUSAllnGap
post Sep 26 2017, 01:44 PM

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coinhako MYR affected ?
SUSAllnGap
post Sep 26 2017, 04:39 PM

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QUOTE(yamasakai @ Sep 26 2017, 04:00 PM)
Pssst: Investment Gain/Losses Overseas aren't taxable (tax deductable).

Its just consider as funds going out and coming in, like remittance.

If its 1MYR coin.... please la.. want 1MDB again meh.
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I think they will change their way of dealing with AML n KYC then reopen
SUSAllnGap
post Sep 27 2017, 06:37 AM

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QUOTE(ecVk @ Sep 26 2017, 11:21 PM)
In the event that BNM decides to close down cryptocurrencies firms in Malaysia (Luno/Coinhako), what are the alternative method for us Malaysians to liquidate and receive our cryptocurrency holdings?
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I can apply crypto debit card like TENX pay/MCO.
help your neighbours pay their bills n house installment.
LOL
SUSAllnGap
post Sep 27 2017, 08:55 AM

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QUOTE(Secruoser @ Sep 27 2017, 08:17 AM)
Question is when? That's 2500% we're talking about.
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u know what. santa claus is real !!!!!
SUSAllnGap
post Sep 27 2017, 11:34 AM

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QUOTE(jack2 @ Sep 27 2017, 11:07 AM)
NEO > GO GO GO
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NEO in a hype now, u dont chop it cant escape liao....
after this hype u dunno wait how long before chinese government open back

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