Welcome Guest ( Log In | Register )

31 Pages « < 22 23 24 25 26 > » Bottom

Outline · [ Standard ] · Linear+

 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

views
     
kmarc
post Sep 20 2017, 10:24 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(kimigenesis @ Sep 20 2017, 09:53 PM)
China has 70% of the miners and 30% of worldwide trading volume before the announcement. Up to date it is only 5.93% volume. Where those coin goes? Think about it.
*
From my understanding, if China closes all mining there, difficult with drop and other miners will rejoice as they profit more from mining. Cryptocurrencies won't die just because of China as other countries will just take up the slack.

QUOTE(TheRealist @ Sep 20 2017, 09:54 PM)
Well I think there is a reason why kimigenesis made the statement he made as to mtgox closing being related to Koreans and Japanese not being able to catch up with the Chinese.

I never said that. If you offer your bitcoins to me I will happily take it. And I never said blockchain was useless. But as I said paying few k for bits and bytes is madness. If those bitcoin has the backing of say gold I may consider buying.
*
I see. I guess I misunderstood your views on cryptocurrencies. icon_rolleyes.gif

In our history, madness can be found everywhere, just in different shapes and forms. In this case, this so-call madness can make a person become a multi-millionaire........ brows.gif
kmarc
post Sep 20 2017, 10:31 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(kimigenesis @ Sep 20 2017, 10:27 PM)
By the way, how many will drop ar now mining for each block? When I buy that time, it drops 25 per block. Didn't follow it for long time already.
*
I don't really follow either. I just buy the coins and plan to keep in cold storage for a few years. I wish I can just close my eyes and forget them...... smile.gif
kmarc
post Sep 21 2017, 06:49 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(kimigenesis @ Sep 21 2017, 12:11 AM)
Out and wish you guys best of luck! I really hope I am wrong because I believe if it's really collapse as what I expected, it will cost a lot of people hard earned money.
*
Thank you very much for your wishes. thumbup.gif

Predicting bitcoin/cryptocurrency collapse is like predicting America will burn due to mass debt or predicting Malaysia will die due to net importer of oil. It might happen or it might not. If it happens, you'll going to come running in and brag about "I told you so". If it didn't happen, you'll be hiding somewhere nursing your sore butt for not joining in the bandwagon. As such, we don't need it. We know the risk of "playing" cryptocurrencies. Again, read the first page. It is all there. smile.gif

Again, I leave you with this thought. If using USD 1200 can possibly make you a millionaire in a few years time, would you take the risk to buy it? Possibility of striking rich vs possibility of losing USD 1200. You decide. Of course, I think it is quite impossible to get the former scenario with bitcoin now. I'm talking about other cryptocurrencies. wink.gif The only caveat is that you need to be damn lucky to hold that particular coin. That's why I now hold, I think about 50 different types of cryptocurrencies. Mostly in small amounts as I don't know which one will shoot to the stars. dry.gif

This post has been edited by kmarc: Sep 21 2017, 06:52 AM
kmarc
post Sep 22 2017, 08:23 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



Read the following news and I tend to agree. ICOs are getting out of hand because it makes the rich richer. The big whales are probably dumping they new-found riches into every ICO they can find to generate more profits which are dumped into more ICOs. Basically creating money out of thin air and then rinse and repeat.

Now, I'm beginning to think China has made the right move by banning ICOs until proper regulation can be set up. Although recent ICOs are more controlled with capped opportunities, there are definitely ways for whales to get in.

I sincerely hope ICOs will be properly regulated soon. If not, it will be like the 90s where any IPOs you buy will make you money. If not regulated, it is possible that the bubble will burst mainly due the bubble created by ICOs.

If that ever happens, expect TheRealist, kimigenesis and icemanfx to rush in here to gloat over their prediction. Ok, before they can do that, I also want to predict. rclxm9.gif If ICOs are not regulated soon, it will be the one that breaks the camels back. The bubble will burst because of these unregulated ICOs. There, I made my prediction. biggrin.gif

Y Combinator President Calls ICOs A 'Bubble' – But His Firm Might Use Blockchain : https://www.coindesk.com/y-combinator-sam-a...an-icos-bubble/

QUOTE
Y Combinator, the Silicon Valley-based startup accelerator, is looking at blockchain as a possible way to boost access for investors.

Sam Altman, who serves as president of the accelerator, highlighted the plan during this week's TechCrunch Disrupt event in San Francisco. While the strategy appears to be in the early stages, the initiative nonetheless reveals how the tech is influencing the notable accelerator, which has previously played home to startups like Coinbase.

"We are interested in how companies like Y Combinator can use the blockchain to democratize access to investing," Altman said during the event, adding
ADVERTISEMENT

    "We should try to figure that out."

As for the state of progress on that front, TechCrunch reports that Y Combinator is currently working through the legal and logistical challenges for integrating blockchain. Whether it turns into an option to contribute cryptocurrencies or something involving initial coin offerings (ICOs) remains to be seen.

Altman returned to the topic of "democratizing" the investment process, positioning it from the perspective of unequal access to new wealth creation. The Y Combinator president said he was disturbed by wealth inequality in Silicon Valley – and suggested that there are technology options that exist today that could offer a solution.

"If there’s a way that new technology can make it practical and possible to democratize this, I think that’d be great," he said.

During the event, Altman spoke more broadly about the ICO funding model, stating his belief that the overall market is "definitely a bubble right now" – yet went on to say that "there is something underlying them, which is why smart people are fascinated." He went on to advocate for closer oversight of the space.

"ICOs need to be regulated," he said.


This post has been edited by kmarc: Sep 22 2017, 08:26 AM
kmarc
post Sep 22 2017, 05:34 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(CyanT @ Sep 22 2017, 09:43 AM)
In my opinion, ICO is a great way for startups to acquire capital and investments, as it is harder to find angel investors nowadays. It is also a good way for the masses to get a taste and opportunity to invest in companies that they find to be promising. However, the masses are not as good as angel investors in analyzing the potential and legitimacy of a startup, and are more inclined towards following hype and trend. Sadly, what was supposed to be a novel idea has turned into a platform for getting rich quick.

However the whole ecosystem is still at its infancy, hopefully when it has matured, we will see a much better ecosystem.
*
Hence the need for regulation. At the moment, whales are the ones getting the maximum benefit.
kmarc
post Sep 25 2017, 08:40 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(shankar_dass93 @ Sep 25 2017, 08:06 PM)
Bro, enlighten me about NEO pls

I have a few units of NEO in Bittrex and in order to get my gas, I would have to store my Neo in a PC wallet right ?

Now, I'm pretty unclear about the concept of gas.

So gas is like dividends ? How often is it paid out and how much gas would I get for every NEO stored to my pc wallet ?
*
You need to hold it in the correct wallet to collect gas. At the moment, I only know of Binance exchange and also NEON desktop wallet.

For Binance, they apparently collect it for you. For NEON wallet, the gas will accumulate over time. If you want to collect, just log in the wallet and click on the collect gas button.
kmarc
post Sep 25 2017, 09:00 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(shankar_dass93 @ Sep 25 2017, 08:46 PM)
Thanks for the reply. Ive been holding a small quantity of NEO in Bittrex and never knew much about this gas thingy.

Now, I have 2 more question. So these gas payments are made daily and one could choose to claim them either weekly, monthly or whatever right ?

Finally, I tried googling around about these gas payments and found an article on Steemit which stated that we are encouraged to send whole numbers of Neo to the desktop wallet in order to receive the full amount of NEO. Is it true ?
*
If you keep in Bittrex, Bittrex will collect the gas, for themselves! biggrin.gif

The gas will accumulate over time so it doesn't matter when you claim it. You can claim every hour, every day or every week. The amount accumulated will be the same.

Yeah, NEO can only be sent in whole numbers minus the transfer fees. IIRC, if the fees is 0.05 and you want to send 50, you have to send 50.05. If you send decimals, whatever in decimals will get burnt.

This post has been edited by kmarc: Sep 25 2017, 09:00 PM
kmarc
post Sep 25 2017, 09:45 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(blueblueoutofblue @ Sep 25 2017, 09:11 PM)
Yup, remember don't send with decimal point else the rest of decimal will hilang...

I kena before lol, like if I send 2 Neo , minus 0.05 fee , become 1.95 right ?

But that 0.95 will kena makan by blockchain.....
You will only receive 1.....
*
I also didn't know about that but I was fortunate as Bittrex gave me a warning and prevented me from sending decimals. smile.gif

This post has been edited by kmarc: Sep 25 2017, 09:45 PM
kmarc
post Sep 27 2017, 11:34 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(shankar_dass93 @ Sep 27 2017, 09:40 PM)
Thanks for the reply bro's!

What happens if I download an offline wallet for my NEO and my hard drive crashes ? Can I retrieve my net's using another PC ?

Just asking this because my MBP's HD crashed 2 weeks ago and I lost everything in it even my excel files and pictures
*
As long as you saved your private key, it should be ok. I use NEON wallet and it helps me save and backup my keys.
kmarc
post Sep 28 2017, 06:34 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(shankar_dass93 @ Sep 27 2017, 11:43 PM)
Thank you very much bro!

Would check out the wallet that you mentioned shortly!

Though, have you faced any issues with it so far ?
*
So far no problems. The good thing about the NEON wallet is that you don't have to download and sync the blockchain.

On & off I will just open the wallet and claim GAS. So far claimed 0.3 GAS..... sweat.gif
kmarc
post Sep 30 2017, 03:18 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



Ledger blue and ledger nano S going to support another few coins soon - PIVX, Viacoin, Vertcoin, Decred and Monero! thumbup.gif

https://trello.com/b/5nQ1mdzt/ledger-roadmap

Recently just received my ledger nano S, bought from our forumer nond! rclxms.gif

This post has been edited by kmarc: Sep 30 2017, 03:19 PM
kmarc
post Sep 30 2017, 05:35 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(wengherng @ Sep 30 2017, 04:21 PM)
Unfortunately I already sold off all my DCR.
Monero support would be great......have been anticipating it for a long time now.

If I remember correctly, on the NEO reddit, there was a coder who just recently wrote a 3rd party code for Ledger to support NEO.
The code would be given to NEO developers for review, testing and finally their approval......but it would be absolutely great if Ledger can support NEO finally.
I don't use the Neon wallet at the moment, and the amount of NEO that I have on Binance is making me really nervous.  sad.gif
*
I bought DCR just for staking. smile.gif

Transfer some of your NEO to NEON wallet lor... can claim GAS from there too. wink.gif

QUOTE(heavensea @ Sep 30 2017, 04:51 PM)
I was being reported, it's forbidden to mention about "my intention to buy nano ledger" in here? If yes, sorry.

Deleted.
*
I don't think it is forbidden. I have mentioned it a few times and nothing happened leh....
kmarc
post Sep 30 2017, 06:28 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(heavensea @ Sep 30 2017, 05:56 PM)
I mentioned about 2 things in 2 different post though:
1) I asked how much nond selling for nano s, and ask for the link.

2) I asked about what kind of gpu using for mining rig? Is it dual mine? And I said that rx460/70 is best gpu for mining due to hash rate/electricy consumption.

I deleted all already, after someone reported me. (I thought I've violated this topic rules)
*
He doesn't have a sales thread in garage sales. I just pm him when he mentioned he was also selling the nano S in this thread. After that deal using whatapps. He was selling for RM315 per piece.

Haha, I guess nowadays people have very low tolerance. Probably because there is a separate mining thread. One of my post was also reported last time too. I had no idea why it was reported so I just ignored it. smile.gif

This post has been edited by kmarc: Sep 30 2017, 06:29 PM
kmarc
post Oct 3 2017, 06:59 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



Certain people will be happy to see this

7 reasons why you should not invest in bitcoins, cryptocurrencies : http://economictimes.indiatimes.com/wealth...ow/60891341.cms

Invest at your own risk! smile.gif



kmarc
post Oct 3 2017, 08:21 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(jack2 @ Oct 3 2017, 07:25 AM)
The reviews are so fake.

“If we buy something with a credit card and get ripped off, we can call the bank and ask to be compensated. But if we get ripped off in a bitcoin transaction, it is impossible to get the money back.” As Pethe has realised a little too late, therein lies the pain of investing through unregulated schemes.

If I buy s share and the share drops to zero or suspended for trading, I can call BNM or SSM to get compensated.

Why you read India de?
*
I find it prudent to see two sides of the cryptocurrency coin as I have usually been the safe-investor type. Just to show people not to dump everything into cryptos in hopes of striking it rich. Due diligence and proper investment (or trading) strategy is of utmost importance (of which I sometimes disregard myself). wink.gif

This post has been edited by kmarc: Oct 3 2017, 08:27 AM
kmarc
post Oct 3 2017, 08:25 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(Secruoser @ Oct 3 2017, 08:18 AM)
Wrote 7 reasons why people should not invest in bitcoins and cryptos...
Turn around and invest in bitcoins and cryptos... LEL

Seriously, some people just write anything to gain attention.
*
Haha, I was thinking of the same thing. Buy more! thumbup.gif

Seriously, we don't know what will happen and these people will be so proud and blow their trumpet if ever bitcoin crashes.....

This post has been edited by kmarc: Oct 3 2017, 08:26 AM
kmarc
post Oct 3 2017, 11:13 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(Secruoser @ Oct 3 2017, 11:09 AM)
Actually, I won't be surprised if Bitcoin ever crashes. But the whole cryptocurrency market and the blockchain industry will still thrive and propel us to the next industrial revolution. Impossible to fail.

I myself is not that interested in Bitcoin anyway (although my avatar says differently tongue.gif). I'm more interested in new and solid projects that provide more % gain opportunity.
*
Same same. I have 0.5 BTC in my hardwallet.... to be given as inheritance next time biggrin.gif

Interesting. Any coins you are targeting at the moment? I've run out of ideas which coins to buy..... sad.gif

This post has been edited by kmarc: Oct 3 2017, 11:14 AM
kmarc
post Oct 3 2017, 06:01 PM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



So sad, some coins are being delisted on Bittrex including BTS. cry.gif

QUOTE(Secruoser @ Oct 3 2017, 12:16 PM)
Nothing yet. I'm watching Electroneum closely.

Also, BTC could top 6000 within this month, and then a major correction should follow (Elliott Wave correction), probably crash until 2000 by Q1 2018. I have a feeling that this crash will also coincide with the overdue stock market crash of the decade. Those seeking to buy more Bitcoin might wanna wait until then. 2018 is a buy buy buy year. Just my two cents.
*
If really dropped to 2000, I'm going to sell my underwear and buy everything! biggrin.gif
kmarc
post Oct 4 2017, 06:53 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(Secruoser @ Oct 3 2017, 09:11 PM)
Hahaha... but underwear can sell for how much? tongue.gif

Anyway, Edgeless looks like it's breaking out anytime soon. Aiming for +100%.
(This is not investment advice. Investing always carries a risk. Do not invest more than you can afford to lose.) 

[attachmentid=9197588]
*
QUOTE(AllnGap @ Oct 3 2017, 09:39 PM)
I dare to say almost 70% of any coins looks like that now.

alts are very weak now
*
I mean sell everything to buy cryptocurrencies. biggrin.gif Joking joking, I will have to discipline myself to stick to my 10% high-risk investment rule.

Yeah, market is very weak now. Unlike the trend (and euphoria) of the massive bullrun Jan-May 2017. I guess everybody is fearful as a result of various governments clamping down on cryptos. Can't wait for China's ultimate ruling on cryptos.

This post has been edited by kmarc: Oct 4 2017, 06:53 AM
kmarc
post Oct 9 2017, 06:49 AM

The future is here - Cryptocurrencies!
Group Icon
Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(wanderlust22 @ Oct 8 2017, 11:58 PM)
Hi, does anyone know where can i buy Ledger Nano S from Malaysia?

Is this company legit? because the payment mode is direct bank transfer
www.tianceresearch.com
https://www.facebook.com/SingBlueEther/

Please advice whether is this official ?

Thank you
*
I bought from him. His ID in lowyat is nond.

He will deal with you through whatapps. Had no problems with the deal. wink.gif

31 Pages « < 22 23 24 25 26 > » Top
 

Change to:
| Lo-Fi Version
1.0163sec    0.76    7 queries    GZIP Disabled
Time is now: 14th December 2025 - 03:10 PM