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> Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

oOoproz
post Today, 04:57 PM
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QUOTE(blue16 @ Jun 28 2017, 11:54 AM)
if you don't mind, i convert it using google translate and do some touch up job on it.

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I first know the bit currency in 2011, I found a lot of information, after understanding in the QQ  - "Bit coins are out, the Internet will rule the world."
But during that time i was a student, with no money and English is not good, I know that time there is a Crytocurrency but there is not exchange center so i didn;t buy any.

March 2013 when the re-see the news of Bitcoin, this time without hesitation, immediately i bought at the price of RMB 300+. Later it raised to RMB 1944 after plummeted to RMB 300. Followed by the second half of 2013, Bitcoin was really booming up, a variety of start-up companies and projects have sprung up, which also led directly to the bull market soared to RMB  8,000.

Because of the experience in RMB 1944 Bulls market, this time round when at RMB 8,000 plunged to RMB 4000 where I thought was the end of the bull market, i sold all of my bitcoin at RMB 5500.  Although after that the price rebounded back to RMB 7,000, I have not regret.

Later, 2014, 2015 is the year of futures market, I also participated in the futures market and i loss greatly in it and stop playing. I then solely summed up my experience and share with you all,
To remind new people to pay attention to risk:

4 shortcuts to Bankruptcy
1, buy high sell low
2, bad skill of futures market leverage
3, financing coins
4, lack of short-term trading experience

4 shortcut to the Life peak :
1, get a real job and work
2, spare cash investment;
3, long-term holding;
4,  eat and sleep on time.

- the law of the survival of the currency sector, non-investing expert please don't ignored the above points.
(Ten day in the currency market is like ten years and the cruelty of the market cannot be ignored, practice the above laws to prevent yourself from dying in the market.
From last year's bull market until today, I believe that many people are making money, but most of the wealth is actually floating surplus, it is not the real wealth that in your pocket. Judge the end of the bull market and know when it ended is the only way to earn the wealth.

I am sorry to tell you that I do not know where this peak of bull market, I do not know when to enter during bear market, but some experience can be shared to you:

1, Bitcoin bull market is the bull market of digital money, if bitcoin is in bear market  now so are for the remaining digital money. As long as Bitcoin is still in the bull market, other digital currency bubble is difficult to burst.

2, Bull market normally started by doubling the price whereas the beginning of the bear market started by dropping the price in half. If you see the price of Bitcoin from the highest point of the collapse of more than 50%, then quickly sell, bear market is coming on the way. But please do not sellat 50% price, because it will rebound, please sell at about 75% of the price.

3, cutting losses should be carried out after the peak extreme madness, the breaking point of the bull and the bear market . What is extremely crazy? No one can tell exactly, but generally are more than 30% of the single-day increase in such a market. There is also a situation such as the government's sudden involvement, or the underlying technology found big BUG.

4, once in the bear market, do not imagine the price raise again, there will be a rebound, but the rebound is limited. Some new people may be at the top of the admission, and suddenly price dropped which lead to damage of assets, feeling sad to watch others make a lot of money and exit. But I want to remind you, sell it if you don't want to go bankruptcy.

5, once the bear market, futures may be the last way to get rich, but  you have a very professional skill, 99% of the people don't have the skill and imagine they have which in the end lead to  bankruptcy.

6, ICO like bitcoin stock in 2013 , which may have ten times the opportunity to get rich, but believe me, you have not much chance, do not easily trip into this muddy water.

Such a big bull market now surely it will be the a big bear market later on, I wish you all can make big money and do not lose money!
*
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oOoproz
post Today, 05:00 PM
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Btw my bro told me there is also one crytocurrency from china which is also similar to bitcoin is quite bullish now, let me check out the details first
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WooTz
post Today, 05:34 PM
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QUOTE(blueblueoutofblue @ Jun 28 2017, 03:48 PM)
wtf.. my client ANS UI stuck at 1084557/1084680 @_@

been synching like 3 days!!

weird, cannot create new wallet.. synching matching already  cry.gif
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Don't wait, simply restart the client if the block stops updating after a few minutes.

QUOTE(zhuanko @ Jun 28 2017, 04:40 PM)
sifu sifu sekalian, being a noob i would like to ask abt the ICO..

I have read people invested in ICO, the question I have is how do we make money from it?

Once i saw a youtuber said that they are many ICO out there and most of them are scam. if we choose carefully we could make a fortune as the good ones can triple and quadruple of what has been invested.

But if I understand it correctly, we don't directly buy coins but something like tokens? And tokens can be exchanged with respective coins?
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ICO is just a way to crowdfund an idea or an existing project in order to make their dreams into reality.

With Ethereum Turing complete blockchain, it allows anyone to pool up a fund, and the founders setting up custom rulesets to grant special benefits and rights according to their proposed whitepaper. It DOES NOT grant equity of the organization. Or else SEC already shut Ethereum down long long time ago

Example, TenX PAY tokens, allows early and eager investors to be apart of their ambitious plan to scale up their existing crypto payment system to support cross blockchain transactions.

In return, token holders get a 0.5% cut of all transaction being done on the TenX payment network with future revenue share being planned.

That's it, you don't have any say in their decision making and certainly you're taking a risk on making sure they scale and deliver.

With that said, thanks to the unique hourly ETH dividend paying scheme, the PAY can be used as an Ethereum hedge. If price of ETH fell, while transaction grew. Token holder get more ETH dividends.

We're still very early into all this. Even the funding method is being experimented on now. Be sure to do your own due diligence.

This post has been edited by WooTz: Today, 05:35 PM
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remeron
post Today, 05:42 PM
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I have got some ethers in myetherwallet. How do I cash out into malaysian bank account?
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wengherng
post Today, 05:47 PM
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QUOTE(remeron @ Jun 28 2017, 05:42 PM)
I have got some ethers in myetherwallet.  How do I cash out into malaysian bank account?
*
Either trade it into BTC on an online exchange, then sell it on Luno/XBit Asia, and withdraw in ringgit to Malaysian bank account.
Or, find a buyer yourself and trade directly.

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remeron
post Today, 05:57 PM
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QUOTE(wengherng @ Jun 28 2017, 05:47 PM)
Either trade it into BTC on an online exchange, then sell it on Luno/XBit Asia, and withdraw in ringgit to Malaysian bank account.
Or, find a buyer yourself and trade directly.
*
So, it'll be mywallet > coinbase/poloniex > luno > bank account ?
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WooTz
post Today, 05:59 PM
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https://www.reddit.com/r/ethtrader/comments..._dutch_auction/

Mind blowing examples of smart contract utility.

TenX token sale already sold out, tokens can only be transferred on August. But that won't stop price discovery thanks to smart contract!


Price is tentatively 1.76x of ICO. Interesting
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wengherng
post Today, 06:21 PM
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QUOTE(remeron @ Jun 28 2017, 05:57 PM)
So, it'll be mywallet > coinbase/poloniex > luno > bank account ?
*
Yeah, that's pretty much it.
Unless you have a Singapore bank account.


This post has been edited by wengherng: Today, 06:21 PM
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dc_talkz
post Today, 06:59 PM
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Quick question. We all know that Bittrex charges 1 ANS for every withdrawal of ANS from the exchange. But will it cost me 1 ANS to deposit ANS back into bittrex?

This 1 ANS fee is pretty ridiculous
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PrincZe
post Today, 07:15 PM
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QUOTE(remeron @ Jun 28 2017, 05:42 PM)
I have got some ethers in myetherwallet.  How do I cash out into malaysian bank account?
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oh? how much selling. how many eth
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remeron
post Today, 07:22 PM
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QUOTE(PrincZe @ Jun 28 2017, 07:15 PM)
oh? how much selling. how many eth
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not much bro. Not selling, just using some ethers to play around on what's the best way to maximize profit.
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blueblueoutofblue
post Today, 07:41 PM
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Ermmm

Neo now 310K...

I can see someone is smiling
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thesnake
post Today, 08:02 PM
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500k baru most of us will smile..up up up...
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roy_zu
post Today, 08:18 PM
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QUOTE(thesnake @ Jun 28 2017, 08:02 PM)
500k baru most of us will smile..up up up...
*
This time might rally above 500k sats before corrected again. Can convert to USDT in Bittrex before the next red sea.
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