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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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SUSAllnGap
post Jun 14 2017, 06:59 AM

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QUOTE(kmarc @ Jun 13 2017, 11:26 PM)
They have a sia wallet but I have not used it before. Mine still on exchange.
The problem is nobody knows. How far can this bull go? When will it burst? What if the bull runs for another 5 years? Even the stock market's cyclical 7 year dip didn't happen and i was waiting for it past 2-3 years! Lol. Yup, I'm going to enjoy this bullrun as long as the bull has legs to run. Just hope we can get out when the bubble burst which is usually too late.

Oh, sold off 90% of my Doge bought at 21 sats long time ago as I didn't see any potential in Doge. Now keeping the 10% due to nostalgia. biggrin.gif
*
usually for any asset class. if there's a crisis, ppl will chop their profitable position to fund their emergency usage.
so if economy crisis ppl will dump their coins for cash also wan.
u can't hold if you're losing your house.

I think until mainstream media everyday report crypto currency then the bubble will be almost burst d. right now not yet. this year only exponential move start to come.
plus margin trade exchanges all start to explode in volume.

all the crazy swings upward and downward is funded by margin ya.

wow u are part of the dogecoin mania. LOL
kmarc
post Jun 14 2017, 07:01 AM

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Anyway, I just counted my crazy EFT collection.

Excluding BTC, I have 41 types of coins on Polo and 10 types of coins on Bittrex. MGO token in wallet. That makes my EFT collection roughly at 53 types of coins rclxub.gif

Yes, I can officially be labelled as crazy. blush.gif

Why so many coins? Because one never knows which one will shoot to the stars. Some already shot to the moon and I just need a couple of coins to shoot. bruce.gif

Oops, time to go to work! sweat.gif

This post has been edited by kmarc: Jun 14 2017, 07:02 AM
WooTz
post Jun 14 2017, 07:06 AM


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QUOTE(kmarc @ Jun 14 2017, 07:01 AM)
Anyway, I just counted my crazy EFT collection.

Excluding BTC, I have 41 types of coins on Polo and 10 types of coins on Bittrex. MGO token in wallet.  That makes my EFT collection roughly at 53 types of coins rclxub.gif

Yes, I can officially be labelled as crazy.  blush.gif

Why so many coins? Because one never knows which one will shoot to the stars. Some already shot to the moon and I just need a couple of coins to shoot.  bruce.gif

Oops, time to go to work!  sweat.gif
*
Now that Prism has dropped that 1% monthly fee, I think I'll copy all your trades just for fun!

Sadly until now no news on closed beta invite, really hope I can try soon.
blueblueoutofblue
post Jun 14 2017, 07:13 AM

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QUOTE(kmarc @ Jun 14 2017, 07:01 AM)
Anyway, I just counted my crazy EFT collection.

Excluding BTC, I have 41 types of coins on Polo and 10 types of coins on Bittrex. MGO token in wallet.  That makes my EFT collection roughly at 53 types of coins rclxub.gif

Yes, I can officially be labelled as crazy.  blush.gif

Why so many coins? Because one never knows which one will shoot to the stars. Some already shot to the moon and I just need a couple of coins to shoot.  bruce.gif

Oops, time to go to work!  sweat.gif
*
you should try post some trade ( for your own investment risk ) like Etoro.. we can copy successful trader like you or Wootz drool.gif

After camping for 3 days, finally XRP start moving up drool.gif drool.gif ( ok, i love to play margin with XRP )
after saturday, will cool off another 14 days cycle

This post has been edited by blueblueoutofblue: Jun 14 2017, 07:15 AM
SUSAllnGap
post Jun 14 2017, 07:24 AM

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QUOTE(Flaxnot @ Jun 14 2017, 12:04 AM)
Hey what puzzles me in the world of alt CC investments is that when you say retreat and cash out or commonly known as going short, is your "cash" BTC or fiat?

If its fiat : That's quite a troublesome thing to do here in Malaysia, no? Since I'll have to sell my altcoin for BTC then sell my BTC for MYR instead of direct altcoin to MYR.

And if its BTC : How is that true cashing out? As evident from yesterday's turpitudinous ups and downs, cashing out from a depreciating altcoin to a depreciating BTC isn't gonna help much..

Please point out any flaws in my logic. I'm a chicklet in the world of investing
*
so u already answered it yourself.

BTC wont die wan, simply because the quantity is limited. Asians are simply very strong hoarders too. i went to ask around those with a lot of BTC, they wont even wanna sell some these few days.
it's those CC created dunno for what LOL reasons will. simply there are no practical usage of it. purely speculation or pump and dump

the only way to make money is to buy low and sell high.
and to stomach that buying low is against human nature, thats why small percentage of ppl can become trader or most of the ppl only buy when it's going up, next thing to know it dropped like a hammer so they make -20% loss on their first purchases.
when it's going up, ppl are greedy and impulsive, when it's dropping, ppl are fearful that it might drop more.

i can definitely answer you that most of the volatile moves are from margin trades from exchanges. those 3 with margin trades borrowing limits spike a few hundred millions USD before prices move.

if one day u see daily transaction volume drop tremendously. or one fine day US regulators decided to close down those margin exchanges. things are going to get very boring
whalers not interested to even move it, then u know you should look elsewhere. whistling.gif

This post has been edited by AllnGap: Jun 14 2017, 07:25 AM
blueblueoutofblue
post Jun 14 2017, 07:45 AM

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wow.. got ppl offer to borrow 5% BTC @_@ but am out of BTC.. all in lending sad.gif
sirxl
post Jun 14 2017, 07:46 AM

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QUOTE(kmarc @ Jun 13 2017, 01:51 PM)
Dear wengherng & WooTz, it has come to my attention that (Wah! So formal) there is currently a serious problem with the term "Bitcoin & Altcoin". As you all know, bitcoin is the father of cryptocurrencies and its children biggrin.gif has risen high and far. This is particular true of ETH, rising through the ranks and making a name for itself. As such, I would formally like to request that ETH is not considered part of "altcoins" anymore and herein be termed as a coin by itself, just like bitcoin. As such, it would be appropriate to change the title of this thread to "Bitcoin, ETH and other cryptocurrencies", assuming you can squeeze all those words in. I'm sure WooTz would agree whole-heartedly. Yours sincerely, crazy hodler biggrin.gif
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Dear wengherng , WooTz & kmarc,
please PM me directly.

I've just had a large community meetup last Monday in Bangsar and would like to rope you guys in for my other events.

Some pics:
https://www.facebook.com/SenangBit/photos/a...?type=3&theater

This post has been edited by sirxl: Jun 14 2017, 07:47 AM
sirxl
post Jun 14 2017, 07:48 AM

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QUOTE(blueblueoutofblue @ Jun 14 2017, 07:45 AM)
wow.. got ppl offer to borrow 5% BTC @_@ but am out of BTC.. all in lending sad.gif
*
5% is madness. crazy times
yk8
post Jun 14 2017, 08:09 AM

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very clearly to see everyone is holding btc now , luno still holding very premium price , and localbitcoin can clearly see nobody selling right now , we will see next week what is going to happen biggrin.gif
WooTz
post Jun 14 2017, 08:10 AM


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QUOTE(sirxl @ Jun 14 2017, 07:46 AM)
Dear wengherng , WooTz & kmarc,
please PM me directly.

I've just had a large community meetup last Monday in Bangsar and would like to rope you guys in for my other events.

Some pics:
https://www.facebook.com/SenangBit/photos/a...?type=3&theater
*
Thanks for the offer, but I'm just a small fry. I'm sure there are other suitable members for your events!

Btw guys, an update on the TenX PAY pre-sale, about 75,000 ETH raised within one and a half day so far, with 40,000 ETH coming from Chinese 🐳

The waiting list guys will probably spam the ICO if they can't secure some PAY after tonight's deadline.

Good luck have fun!
danielang
post Jun 14 2017, 08:36 AM

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QUOTE(sirxl @ Jun 14 2017, 07:48 AM)
5% is madness. crazy times
*
may i know which platform is offering there? i can't find that in polo.
abdrahib
post Jun 14 2017, 08:44 AM

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QUOTE(raynman @ Jun 12 2017, 04:09 PM)
I just started with Genesis today. laugh.gif

user posted image
*
Sorry to distract you.I am totally new on this topic.Iam very interested to join Genesis mining 10H/M
I would like to know your Type of pc you use for mining. Thank you in advace



SUSraynman
post Jun 14 2017, 08:51 AM

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QUOTE(abdrahib @ Jun 14 2017, 08:44 AM)
Sorry to distract you.I am totally new on this topic.Iam very interested to join Genesis mining 10H/M
I would like to know your  Type of pc you use for mining. Thank you in advace
*
I am afraid you are mistaken.

I don't use my own PC for mining.

I purchased a 2-year Ethereum mining contract with Genesis Mining.

If you want to join Genesis, you can use my code below and get a 3% discount on your purchase. smile.gif

Enigmatic
post Jun 14 2017, 08:59 AM

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QUOTE(kmarc @ Jun 14 2017, 06:49 AM)
I'm not qualified to appraise your write up but I think it is excellent nonetheless!  thumbup.gif

I have always akin cryptocurrencies to be like the stock market but to me, it is not driven by fundamentals per se, well maybe only for ETH. I can't think of the correct description, whether it is speculation or not, but I'm thinking of crypto investment as investing in a startup company yet to show it's full potential. You know, something like having the opportunity for average people to invest in Facebook or Google when it was just starting. By the time they go IPO, it is already too late of us average people. Of course, which cryptos can become successful is anybody's guess. Maybe somebody can better describe what I'm trying to say.... still very early in the morning....  yawn.gif

Do you want me to add this to the guide? I can put it together with the "bubble" topic. smile.gif
*
Glad that you guys enjoyed it. Sure, go ahead. smile.gif
jack2
post Jun 14 2017, 09:00 AM

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Anyone knows how long to get verification in luno upon verified phone + name + IC?

Can sell BTC in Luno if this verification is pending?
PrincZe
post Jun 14 2017, 09:03 AM

Look at all my stars!!
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Good morning guys, market looks green today
SUSraynman
post Jun 14 2017, 09:06 AM

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Hi Jack2,

I received my first ETH payout from Genesis already.

How about you?

I received this.

user posted image

It is very close to the expected figure computed by the ETH mining calculator in Cryptocompare. smile.gif

user posted image






jack2
post Jun 14 2017, 09:12 AM

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QUOTE(raynman @ Jun 14 2017, 09:06 AM)
Hi Jack2,

I received my first ETH payout from Genesis already.

How about you?

I received this.

user posted image

It is very close to the expected figure computed by the ETH mining calculator in Cryptocompare. smile.gif

user posted image
*
Just saw this in my ORDER page




Attached thumbnail(s)
Attached Image
jack2
post Jun 14 2017, 09:15 AM

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sirxl

Can you please ask luno to fast fast verify my identity? hehe
SUSraynman
post Jun 14 2017, 09:15 AM

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Exactly the same as mine. Congrats! rclxms.gif

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