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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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Ch3n_low
post Jul 7 2017, 10:48 AM

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QUOTE(Secruoser @ Jul 7 2017, 10:44 AM)
Ya since we don't really store the quantity of coins but just the keys to access them in the blockchain network. How about multiple instances of deposits and also multiple types of tokens? Won't it increases the file size? 
 
Also, when people buy coins from ICO's, where to find wallet and exchange that supports the new coin?
*
ya i also want to ask the Sifus here about this... confused.gif
Ch3n_low
post Jul 7 2017, 10:51 AM

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Anyone here have invest in Decent Coin?
win44
post Jul 7 2017, 10:54 AM

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Owh. all GPUs for mining are all sold out at Viewnet Lowyat.
Any idea where can get some mining equipment?
TSwengherng
post Jul 7 2017, 11:03 AM

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QUOTE(Secruoser @ Jul 7 2017, 10:44 AM)
Ya since we don't really store the quantity of coins but just the keys to access them in the blockchain network. How about multiple instances of deposits and also multiple types of tokens? Won't it increases the file size? 
 
Also, when people buy coins from ICO's, where to find wallet and exchange that supports the new coin?
*
The only limit of the Ledger Nano S is the number of apps that can be installed in its memory (I think something like 5 or 6 apps?) so basically, it can hold 5 or 6 types of supported tokens, be it bitcoin, ether, ripple, litecoin, etc.
You can transact (deposit and withdraw) a million times on each token, and it doesn't matter.

Unfortunately, both Trezor and Ledger only support very limited types of tokens, so in case you have a token that is not supported, then you have to either store it in the developer's official wallet for the individual tokens, or on 3rd party wallet services like MyEtherWallet (for ERC20-type tokens).
If not available, then you really have no choice but to store them on online exchanges, and take the risk.

kmarc
post Jul 7 2017, 11:07 AM

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QUOTE(Secruoser @ Jul 7 2017, 10:44 AM)
Ya since we don't really store the quantity of coins but just the keys to access them in the blockchain network. How about multiple instances of deposits and also multiple types of tokens? Won't it increases the file size? 
 
Also, when people buy coins from ICO's, where to find wallet and exchange that supports the new coin?
*
They only hold the app that generate the addresses. When you say multiple instances, I guess you mean multiples addresses right? Yeah, not a problem.

Same with multiple tokens if it is from the same platform. Like ETH and all ERC20 tokens. All kept in ETH addresses from the hardware wallet. No issues.

For ICO, they will usually show which exchange the coins will come out and what wallet to use. Can also google search important websites like Reddit.

This post has been edited by kmarc: Jul 7 2017, 11:07 AM
Secruoser
post Jul 7 2017, 11:22 AM

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QUOTE(wengherng @ Jul 7 2017, 11:03 AM)
The only limit of the Ledger Nano S is the number of apps that can be installed in its memory (I think something like 5 or 6 apps?) so basically, it can hold 5 or 6 types of supported tokens, be it bitcoin, ether, ripple, litecoin, etc.
You can transact (deposit and withdraw) a million times on each token, and it doesn't matter.

Unfortunately, both Trezor and Ledger only support very limited types of tokens, so in case you have a token that is not supported, then you have to either store it in the developer's official wallet for the individual tokens, or on 3rd party wallet services like MyEtherWallet (for ERC20-type tokens).
If not available, then you really have no choice but to store them on online exchanges, and take the risk.
*
QUOTE(kmarc @ Jul 7 2017, 11:07 AM)
They only hold the app that generate the addresses. When you say multiple instances, I guess you mean multiples addresses right? Yeah, not a problem.

Same with multiple tokens if it is from the same platform. Like ETH and all ERC20 tokens. All kept in ETH addresses from the hardware wallet. No issues.

For ICO, they will usually show which exchange the coins will come out and what wallet to use. Can also google search important websites like Reddit.
*
Thanks for the kind replies.

One can only drool when someone who bought RM500 worth of Bitcoins in 2010 is worth half a billion ringgit now. He could have been scammed of his RM500 but that amount seems like a small risk compared to the potential return.

This post has been edited by Secruoser: Jul 7 2017, 11:23 AM
TSwengherng
post Jul 7 2017, 11:28 AM

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QUOTE(Secruoser @ Jul 7 2017, 11:22 AM)
Thanks for the kind replies. 
 
One can only drool when someone who bought RM500 worth of Bitcoins in 2010 is worth half a billion ringgit now. He could have been scammed of his RM500 but that amount seems like a small risk compared to the potential return.
*
The best time to invest in cryptocurrencies was back in 2009.

The second best time to invest in cryptocurrencies is NOW.


Ch3n_low
post Jul 7 2017, 11:33 AM

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QUOTE(wengherng @ Jul 7 2017, 11:28 AM)
The best time to invest in cryptocurrencies was back in 2009.

The second best time to invest in cryptocurrencies is NOW.
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Is it still on early stage to invest now? Buy and hold or invest in GPU hardware mining? haha

This post has been edited by Ch3n_low: Jul 7 2017, 11:36 AM
TSwengherng
post Jul 7 2017, 11:58 AM

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QUOTE(Ch3n_low @ Jul 7 2017, 11:33 AM)
Is it still on early stage to invest now? Buy and hold or invest in GPU hardware mining? haha
*
To invest as in to buy cryptocurrencies, yes.
We are still quite in the early days.
Cryptocurrency is not yet matured.
When one day you see everyone buying and selling things with cryptocurrency just as naturally as using cash or credit card, then we can say it has achieved global adoption.
I'd say we are at least a good 5 - 10 years away from that.

I don't do mining, so I can't advise you there.

TSwengherng
post Jul 7 2017, 12:01 PM

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So, it is confirmed on the TenX slack announcement channel officially.

TenX PAY tokens will be available for trading on Bittrex starting at 4pm UTC (midnight in Singapore) on 7th July 2017.

rclxm9.gif


blueblueoutofblue
post Jul 7 2017, 12:01 PM

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TenX will be tradable by tonight !!

TenX bittrax
krpto88
post Jul 7 2017, 12:32 PM

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QUOTE(wengherng @ Jul 7 2017, 12:01 PM)
So, it is confirmed on the TenX slack announcement channel officially.

TenX PAY tokens will be available for trading on Bittrex starting at 4pm UTC (midnight in Singapore) on 7th July 2017.

rclxm9.gif
*
Good news indeed brows.gif
» Click to show Spoiler - click again to hide... «

WooTz
post Jul 7 2017, 12:46 PM


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Any predictions on PAY/ETH price later tonight?

I'm calling 0.03!

No moon until mass card rollout!
Chelsea-Fan
post Jul 7 2017, 12:48 PM

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Everyone please HODL PAY token at $70 biggrin.gif

Slackbot is full of this message.

Hope it come true. Realistically it should be around $3 to $5.
blueblueoutofblue
post Jul 7 2017, 12:50 PM

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i hope to buy in at the lowest possible at 12AM..


kbandito
post Jul 7 2017, 01:21 PM

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QUOTE(WooTz @ Jul 7 2017, 12:46 PM)
Any predictions on PAY/ETH price later tonight?

I'm calling 0.03!

No moon until mass card rollout!
*
It was 350PAY to 1ETH right? So cost was 0.003 for the 4,000 that got it
WooTz
post Jul 7 2017, 01:25 PM


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QUOTE(kbandito @ Jul 7 2017, 01:21 PM)
It was 350PAY to 1ETH right? So cost was 0.003 for the 4,000 that got it
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Presalers like myself paid $1.05 each. It was $399 per ETH and 420 PAY per ETH.



Ch3n_low
post Jul 7 2017, 01:27 PM

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do you guys have problem login to poloniex.com? tried login few times but couldn't

Secruoser
post Jul 7 2017, 01:42 PM

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https://www.entrepreneur.com/article/296683
Secruoser
post Jul 7 2017, 01:49 PM

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QUOTE(wengherng @ Jul 7 2017, 11:58 AM)
To invest as in to buy cryptocurrencies, yes.
We are still quite in the early days.
Cryptocurrency is not yet matured.
When one day you see everyone buying and selling things with cryptocurrency just as naturally as using cash or credit card, then we can say it has achieved global adoption.
I'd say we are at least a good 5 - 10 years away from that.

I don't do mining, so I can't advise you there.
*
Ya... even in LYN's FBI forum, this thread is #13 rank in terms of views, at a glance. Some people I even told me cryptocurrency is like MLM, create money out of thin air to scam people only. sweat.gif

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