Oh, so long? The whale who sold at 10k will be kicking himself now.

Yeah, most altcoins have not recovered from the previous crash. Still hovering roughly around the same level.

Edit : for those who wants to ride BTC up at these levels, do be careful. A lot of segwit coins previously was pumped when segwit started, then dump before it completes.

This post has been edited by kmarc: Jul 21 2017, 08:03 AM

I checked the unconfirmation transactions, only 14k leh. That's so weird.

Something up with the network?

This post has been edited by kmarc: Jul 21 2017, 08:07 AM

Personally, if it is only 0.02 BTC, just leave it on the exchange. I don't think it is worth to transfer out such a small sum as the transaction fee would eat up a percentage of the amount.

I use hardware wallet but for those coins that hardware wallet don't support I have to keep on exchanges.

Nice! Coins are green with a vengeance. Wonder how long this will last.

BTS loan rate up to 0.8%. Damn my BTS coins are stuck in loans of 0.0x%.

One thing I learn about loaning coins is to put a few staggered loan rates from low to high rates. No point just going for the lowest rates on the market as it is not worth it. Once you get to loan at high rates, the profits blows away all those profits you got from giving out frequent very low loan rates, even though higher rates are infrequent and far in between.

Remember hardware wallet only holds the private keys. It doesn't hold any coins. Hardware wallet are, in a way, disconnected from the internet. You can use the hardware wallet on the most malware-infected computer and hackers still can't get access to the private key which controls your coins. The 24-word recovery seed is to help you recover your private keys in case you lose the hardware wallet for any reasons.

On the other hand, if you use your MEW keys on the most-infected computer, you can more or less say bye bye to your coins.

Take this as an analogy. You have a house with 100 tons of gold inside. To go in, you can have the option of a keycard (hardware wallet) and physical keys (MEW). Both can let you enter the house to admire/use your gold. If anybody get access to you physical keys, they can duplicate it and steal all your gold. For the keycard, thieves can't easily duplicate it and hence, using the keycard (hardware wallet) is safer.

However, if you lose your keycard and have the option to restore a new keycard with a 24-word recovery seed, you are most reassured that gold is still safe. Keycards can get spoilt or lost, just like a hardware wallet.

So why use keycard when physical keys are enough? Well, if thieves (hackers) are everywhere and they are everyday trying to duplicate your keys (using malware,phising sites,etc), you would think twice of using physical keys. So between physical keys (MEW) and keycard (Hardware), which would you prefer?

Edit : I have updated post #10 in the front page on cryptocurrency wallet FAQs. Do have a look.

This post has been edited by kmarc: Jul 23 2017, 09:28 AM

https://www.bloomberg.com/news/articles/201...into-real-world

Those interested with TenX pay can refer article above. At the moment, they are processing $100,000 per month and aim for 100 million end of 2018.

Anybody can calculate the dividend? Of course, the hope is also for price appreciation if it is successful.

Edit : I haven't bought any pay yet as I'm waiting for all these storms and ICO hype to calm down.

This post has been edited by kmarc: Jul 24 2017, 03:53 PM

I'm thinking 100,000 is a good starting amount. With so much ICO money, I should think they would have much funds to expand and make it a success. Still early to tell so I will watch this space closely.

Wow, Dash has recovered almost all its losses. Going for ATH?

Nah, a lot of factors including bitcoin's war which is not over yet. I'm also reserving my bullets but will enter the market when I feel comfortable. I already have a collection of coins and is aiming for ANS, PAY and EOS in the future.

Owh, never heard of it. Is it good?

Looks about right..... I think...

This post has been edited by kmarc: Jul 24 2017, 09:31 PM

Oooo... I like the sound of that. Will take a look next time.

Haha, anything is possible in crazy cryptoland.

Hmm.... thought of picking up some EOS and now people are saying it is a scam :

https://bitcointalk.org/index.php?topic=2000232.0
https://bitcointalk.org/index.php?topic=2001799.0

This post has been edited by kmarc: Jul 27 2017, 06:49 AM

I find it illogical that forking BTC to create another chain i.e. BCC can create value out of nothing.

If one owns 1 BTC valued at 2700, does that mean after the fork, he will have 1 BTC 2,700 and 1 BCC 2,700? Assuming nobody dump to get profit. Even if BCC drops to 100, it is still creating value from nothing....

So high? For a new, unknown and unproven coin.....

I suppose both value will drop once split, mainly because of profit taking. After that, the value of both might exceed the value of BTC before the split as you mentioned after that. If that is so, it is still creating value out of nothing!

Oh well, whatever it is, let's just see what happens.

I was also not into crypto when ETH/ETC split. Don't really know what happened.

Just received email from Trezor that those holding BTC on Trezor can safely claim the same amount of BCC once it splits. They will provide the necessary interface later on.

Yeah, later I will post the email.

Free coins like that makes me wish we have more hardfork splits!

Here's the email from Trezor:



Free coins

I'm just waiting for these events to pass. Anticipating coins to shoot with high lending rates. Already putting out loans with high super loan shark rates!

I don't have any BTC for lending. Only altcoins.

Advisable not to look back at what could have been. If I were to look back, I would have said I missed at least 10 opportunities to earn more money.

The important thing is to be in cryptos when it is still in its infancy, which many sincerely believe to be so. However, I'm staying at the sides for now until these events blows over. Planning to buy again if conditions are appropriate for my risk level.

This post has been edited by kmarc: Aug 1 2017, 02:34 PM

Haha.... things never go our small fried fish way.

Let's see whether my prediction is correct or not. I predict that market will have a big rally once everything settles. Expect market to go the other way!

This post has been edited by kmarc: Aug 1 2017, 02:53 PM

I'm no master. You can call me fried ikan bilis.