https://luno.statuspage.io

I find it too much work to keep converting Bitcoins to altcoins or vice versa just for a chance to make small profits when one of their prices starts increasing.

Instead of chasing maximum profits, I just diversify into multiple currencies, hodl them and watch them grow together.

This post has been edited by Andrew Lim: Dec 17 2017, 02:23 AM

That's why I also keep a copy of the wallet software (in my case, Electrum) as a backup too. Just in case their website goes down. Just keep your seed phrase and a copy of Mycellium and you should be fine.

As long as the Bitcoin network is still around, you should be able to recover your coins. Actually all your coins are stored on the blockchain in the internet. Your personal wallet is like a permission keycard that allows you to modify those coins.

I'm glad I also withdrew all my BTC last week as soon as they started saying they had bank problems. Maybe it's a false alarm, but it's true what they say - if the coins are on an exchange they're not yours.

I really do hope it's just temporary, because Luno has by far the easiest UI and app to invest in BTC/ETH in Malaysia.

Coinbase suddenly added support for BCH today, and it seems a few people knew about it, and were able to use insider info to buy lots of BCH early.

Private keys are like keycards. Your digital money is always in the P2P network. The keycards just allow you to transfer them.

Usually you can't memorize the private keys because they're actually very long and in hexadecimal.

Instead most personal (non-exchange) wallets let you memorize a 15 word phrase to let you touch the private keys.

If your wallet is on an exchange, you don't have access to the private keys directly.

This post has been edited by Andrew Lim: Dec 27 2017, 03:34 PM

For me LTC. BTC is long-term hold. And also LTC confirmations takes only a few minutes.

But it's so hard to find new LTC these days for ringgit.

So rumour is that XRB is going to be rebranded into Nano.

From this Reddit thread.

There are few other mentions about it in the /r/RaiBlocks subreddit.

Heard the exchange that listed it as "RailBlocks" is very dodgy too.
Anyway my vote for a new XRB is RaiCoin.

Me too... I can afford to only invest in a few. And I always seem to buy when they're at ATH already lol

LOL. At least Dogecoin is still around.

Bitcoin transactions are so slow right now.

Makes me really wish I had more Litecoins for trading. But I'm surprised LTC's price seems to be doing poorly.

Yeah! If I'm not mistaken Kucoin is a Chinese exchange, so we'll probably see even more volume for RaiBlocks from Chinese users.

And also looks like XRB is going to win the Binance new coin vote, so it may appear on Binance soon.

Oil prices all time high in 2 years.

No.

By some weird luck the coins I am hodling are rising (BTC, LTC, XRB)

Everytime I look at XRP logo I think of fidget spinners

LTC rising surprisingly.

Anyway I still need 1 extra LTC urgently. If anybody can sell me for ringgit, PM me.

In general I don't trust pre-mined coins unless they have a demonstrable working product OR very unique feature (e.g. RaiBlocks zero fees).
Only reason is to buy them is because they're cheap as crap and you won't lose much, while hoping you can dump them later.

lol if this is true he's going to be a hated guy.
Not sure if he's breaking any laws though since he didn't go into a formal contract?