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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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kmarc
post Jan 2 2018, 11:10 AM

The future is here - Cryptocurrencies!
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QUOTE(wengherng @ Jan 2 2018, 08:22 AM)
I think the biggest daily spike that I've seen in crypto was around 800%, but that was in the early days during the crypto boom.

By the way, 4 sats to 1 sat is a 75% drop. smile.gif
You can't go further than a 100% loss......that means you already lost your entire investment amount.
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You missed the 3000-4000% pump in 2H 2017. XBC if not mistaken. Crashed as spectacular as was the pumped.

Anyway, glad to see ETH on the rise.

For others, trade carefully and hope everybody profits. smile.gif

This post has been edited by kmarc: Jan 2 2018, 11:11 AM
kmarc
post Jan 2 2018, 11:34 AM

The future is here - Cryptocurrencies!
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QUOTE(wengherng @ Jan 2 2018, 11:25 AM)
Ah yes, you're right.
I just checked, apparently it was back in 1H 2017, back in March.
Incredible.
But although it did crash, it is currently still well beyond its pre-spike prices of sub-USD 4...... I think it is now well above USD 100.

Can you imagine the days before you entered crypto, if someone were to tell you that you can make 25x your invested amount in less than a year?  blink.gif
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Yeah, too bad I didn't buy it. sad.gif

10x, 20x, 50x.... only in crazy cryptos. The good thing is the direction is up! For now......

This post has been edited by kmarc: Jan 2 2018, 11:34 AM
kmarc
post Jan 4 2018, 07:50 AM

The future is here - Cryptocurrencies!
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Market is rallying like crazy. Market cap hit 700B yesterday. rclxub.gif

Updated front page but I won't be updating it anymore until it reaches 1 Trillion. I think it is safe to say we'll be hitting that soon.

As always, trade safely and expect Mr. Bear to come soon. smile.gif

This post has been edited by kmarc: Jan 4 2018, 07:50 AM
kmarc
post Jan 5 2018, 08:14 AM

The future is here - Cryptocurrencies!
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Guys, don't get too caught up in the euphoria. Great that many are profiting from this super bull run but Mr. Bear can just suddenly appear and wipe off everything. Do be ready for that. Or maybe I'm just being too cautions......

As for XRP, I do hold some and what I would give to see it at $10. However, I think it is nearly impossible to reach such level. The co-founder of XRP is already the 5th richest man in the world. Of course, in crazy cryptoland, never say never! smile.gif
kmarc
post Jan 5 2018, 09:24 AM

The future is here - Cryptocurrencies!
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QUOTE(yamasakai @ Jan 5 2018, 08:31 AM)
This, was so happy to be up 30-40% then gave back the next hour, manage to get it back later and just hold. Woke up to alts bleeding, would have given back the 30-40% if i was holding xrp or trx.

Always remember if you can earn that much, you can lose that much as well within the same timeframe.
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Frankly speaking 30-40% is nothing in cryptoworld but it doesn't hurt to take a bit of profits. Nowadays I don't hold 100%. Will sell off 5-10% when a coin shoots, with a plan to buy back at lower price later on. I almost never sell 100% because of FOMO. biggrin.gif And I only do for those coins I have on exchanges. Those in cold storage will not be touched.
kmarc
post Jan 5 2018, 09:54 AM

The future is here - Cryptocurrencies!
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QUOTE(yamasakai @ Jan 5 2018, 09:32 AM)
Yeah its nothing, with 100% everywhere but I've learnt to be humble. Fell into the trap of holding till ATH, then it drops and I still hope that it will go back up, end up holding for days and selling at a loss.

As long as I don't buy back higher, or if i did , I'll make sure I sell back higher than my buying price. I'm good.

Sometimes I wonder, holding a bag of coins for a week or a month gives more profit, but I still insist of doing day trade.  :confused:  Potentially more gains if I can trade properly but we all know its hard to do that.
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For my Alts, HODL is better than trade but I found out that 100% HODL is not good either. So 90% HODL and 10% trade. Also because I'm noob at trading. Buy high sell low. Lol.
kmarc
post Jan 5 2018, 02:04 PM

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QUOTE(wengherng @ Jan 5 2018, 01:06 PM)
Why doesn't it make sense?
It's just an option for payment, which is more than likely a type of marketing gimmick to draw more attention.
You can obviously buy in the conventional way and get a bank loan, etc......or you can opt to pay in BTC (which obviously means you need to buy outright, without getting loans).

Although, you're right, I am not sure how they are going to work around the volatility of the BTC price though.
Maybe a fixed price for the day, or the hour, or maybe even the exact time of transaction.
Just like how Japan is doing it in retail shops, they benchmark the BTC price of a certain Japanese online exchange and you pay the equivalent of the fiat value in BTC at the time of purchase.
Which is fine for small purchases, but for big ticket items like a car, the branch would definitely be taking on quite some financial risk there.

Oh yeah, just a small question from an old-timer (me).
Is there a reason why you say "lol out loud"...?
Back in my days, people just say "lol" because it meant "laughing out loud"......so "lol out loud" would mean "laughing out loud out loud"......which sounds strange and grammatically redundant.
But then again, I'm no expert in the latest internet slangs and fads, so I was thinking it was some new latest buzzword or slang.
:confused:
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Lolol. So many latest internet jargon.... moon, fomo, jomo, ATH, ATL,FUD, etc.

LEL, see which one gets accepted in the dictionary first! biggrin.gif
kmarc
post Jan 5 2018, 10:25 PM

The future is here - Cryptocurrencies!
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QUOTE(roy_zu @ Jan 5 2018, 09:28 PM)
Guys, quick question on Ledger. Since ERC20 tokens can be added into Ledger via MyEtherWallet, can i transfer multiple coins into 1 application?
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One ethereum address can hold all ERC20 tokens. I usually keep about 5-6 types of ERC20 tokens per ETH address. However, to transfer them out, you would need ETH in that address, to be spent as gas.

QUOTE(propriete @ Jan 5 2018, 10:17 PM)
POE doesnt seems to give a **** about BTC
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I think it is because Kucoin is listing Po.et.

This post has been edited by kmarc: Jan 5 2018, 10:25 PM
kmarc
post Jan 6 2018, 08:03 AM

The future is here - Cryptocurrencies!
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QUOTE(kmarc @ Jan 5 2018, 08:14 AM)
Guys, don't get too caught up in the euphoria. Great that many are profiting from this super bull run but Mr. Bear can just suddenly appear and wipe off everything. Do be ready for that. Or maybe I'm just being too cautions......

As for XRP, I do hold some and what I would give to see it at $10. However, I think it is nearly impossible to reach such level. The co-founder of XRP is already the 5th richest man in the world. Of course, in crazy cryptoland, never say never! smile.gif
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Anybody follow my advise yesterday? If you didn't, well.... don't worry, because I didn't follow the advise myself. doh.gif

I guess these few days will be a good time to go bottom fishing. Might pick up some later. smile.gif
kmarc
post Jan 6 2018, 09:30 AM

The future is here - Cryptocurrencies!
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QUOTE(roy_zu @ Jan 6 2018, 09:03 AM)
I waited for 20% dip and got into XLM, POE, and ADA. When i check my blockfolio today mrn, seems like no impact at all. Then realize actually my BTC and SC holdings shoot up.
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Nice! Yeah, same here. My SC holding up the rest.

Will wait for a bit longer before I buy some coins.
kmarc
post Feb 4 2018, 08:07 PM

The future is here - Cryptocurrencies!
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QUOTE(Mr.Weezy @ Feb 4 2018, 03:03 PM)
Hi guys, is Poloniex recommended for newbies?

Am interested in their lending facilities but heard customer service is sub-par.

Does binance accept bank transfer?

The exchange part of this cryptoworld is so confusing and why the prices shown from (coingecko/google) are much lower than the exchanges ? hmm.gif
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I have been lending in Polo for the past one year. Previously very good rates. Nowadays horrible. Very rare to get any good rates worth lending.

If you're interested in lending, check out ethlend. smile.gif

This post has been edited by kmarc: Feb 4 2018, 08:07 PM
kmarc
post Feb 10 2018, 02:43 PM

The future is here - Cryptocurrencies!
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QUOTE(dc_talkz @ Feb 10 2018, 11:37 AM)
Hi guys. I come bearing gifts.

As you guys may, or may not have known. I am part of a small group of investors (14 of us) that were/are mostly members here in LYN. We don't post often these days but we are still very much active on crypto space. We have transitioned from alts trading to ICO very early on and soon thereafter Private Pre-sales. We have invested in approximately 20-30 ICOs to date.

So lately I have been talking a few guys and since the ICO market is currently saturated - being that everyone is either rushing to get whitelisted or rushing to contribute via gas wars, we just thought that we might share some of the private presale allocations that we have to you guys in LYN.

We usually would have to meet a minimum contribution of 500 ETH but we got that covered (some massive buying power supporting us from the back). The allocations opened here will vary depending on the ICOs. Surely, our members and backers get the piece of the cake first and the remaining we can open to the public.

The pools will be via Primablock. It's a site which allows us to create pools using smart contract. You can contribute and withdraw from there until the pool closes. When tokens are received they will be transferred to the pool and you guys can manually withdraw into your wallets. That being said, the issue of trust does arise since you all will have to trust that I won't run away with your money. I can't say anything to persuade you to trust me as that would amount to solicitation and I'm no financial advisor nor a fund manager. I'm just a guy who has some "lobangs" that I'm willing to share.

We will probably start a telegram channel soon. Still discussing how we should do this. But in any case, I'd appreciate a count of hands to see if this is something that you guys would like? If the response is underwhelming we might just scrap the idea altogether.

Thanks.

Just a teaser of our spreadsheet (for the sake of privacy we have censored the names of our members and also the amount we have contributed)

user posted image
Currently LIVE pools:

user posted image
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I can vouch for dc_talkz. He has connections with other whales and can usually get good deals for the group, either for private or public presales. As mentioned, we ikan bilis has little opportunity to get into good icos due to various factors, with whales buying into private sales being one of them. By the time you buy into the actual crowdsale, you already lost a lot in terms of bonuses given in private presales.
kmarc
post Feb 17 2018, 10:41 PM

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QUOTE(TheRealist @ Feb 6 2018, 01:33 PM)
Wow. You sound pretty angry for someone who does not hold any bitcoins.
I was referring to one of your friends here. He sounds pretty deluded actually.

Well. Having been away for quite a while from this thread, I just want to observe whether people in this thread remains deluded after experiencing the sharp fall in bitcoin prices or they will still continue in their delusion.

Looks like they are still in their delusion.

So I guess this thread only allows positivity and not negativity.

No wonder people are so deluded.
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QUOTE(TheRealist @ Feb 6 2018, 01:41 PM)
Actually if you read my earlier post which you guys probably did not do, I did admit that I was still technically "wrong".
And I did even say that most probably many of you are making money but then I have to take it back since it seems many people were already involved when bitcoins were near it's high.

Of course, when it shoots up. Yeah, Got nothing to say right. But then trust me. I never felt that I was wrong. Ok I did make a mistake. Should have perhaps bought some bitcoins when it was low. And I meant maybe below 100.

You see. You guys are already showing signs of delusion as well as unacceptance(Sorry cannot remember tat psychological term).

But then at the rate it is going, the possibility of bitcoins going to 2k is even higher as compared to say going to 40k.

Of course. I am technically "wrong" but then I know I am going to be so right very soon.
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Welcome back! rclxms.gif

Had to refresh my mind by going back to your previous post in Sept 2017.... claiming how deluded and uncilivilized people are for investing in cryptos.... and that was when BTC was 3k.

I see you're still in your god-mode persona, you know, everything you say is correct and will come to pass right? What does traders/investors in this thread know right? You do know that if you cry wolf long enough, it just might happen? You have been saying, and is still saying that bitcoin will die. From September 2017 till now, bitcoin is already 3x higher and you admit you were technically wrong. Come, give your prediction with a timeline. No point saying the sky will fall if it did actually fall after a million years.

And since you're still on your high horse, tell me whether you have ever experience a 33000% gain in one year just by investing in something because those in cyptos just experienced that a couple of months back. flex.gif That's not even talking about lesser but significant gains from other altcoins.


QUOTE(TheRealist @ Feb 6 2018, 02:03 PM)
If you were a full Austrian Economics follower, why do you even have to hope that bitcoin hits 40k? I mean if you really bought bitcoins at low prices, then it really should not matter that much as to whether bitcoin shoots up to 40k right?

BTW, it's funny though. The fact that bitcoin is actually created from nothing actually defies Austrian Economics. But then, you just pretend not to see it.

You see. Bitcoin isn't exactly gold. Technically, it's still fiat because it's created out of nothing. You can say that it's mutable, "anti inflationary", "back up by electricity and network(Now that's funny)" but then it's still created out of nothing.

The funny thing is, most bitcoin people actually bashed gold which is the actual money of Austrian Economics.

See friend, you can fool others but you can't fool me.

The thing is, you are hoping that it will hit 40k because currently you are in the red. You see, this is the normal reaction of people who are heavily in the red. They hope for miracles.

Anyway this is an Austrian Economics News Article.
Read this and also the comments and tell me how many "Austrian Economist" actually believes in bitcoin.
https://www.zerohedge.com/news/2018-02-05/b...rypto-crackdown

Just happy that at least there are people who can think and not every "Austrian Economist" are caught in the hype.
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We had discussed this before in Sept 2017 but you conveniently disappeared after that.... too bad.

Nobody is fooling you. Or are you fooling yourself. Nobody is asking you to enter cryptos. In fact, many have warned that cryptos are very high risk instruments that should not be taken lightly. Why can't you open your eyes and accept this? Maybe you need to hear the words "Cryptocurrencies are very very very extremely the high risk and only for the deluded?" Will that make you happy?

You still come into this thread in a belligerent and holier-than-thou attitude, as if cryptocurrencies had damaged you in some way. Come, tell us the truth. What happened?

Edit : I have said this and I will say it again. Nobody knows what will happen to cryptocurrencies. It may be the biggest bubble in the history of mankind or it may be the biggest bullrun of the century. You can sit at the sideline and watch or you can join in. If it was the biggest bullrun, the question is, do you want to join in or miss it? Dont' throw everything into cryptos. Max 10%, only the money you can afford to lose.

This post has been edited by kmarc: Feb 17 2018, 10:49 PM
kmarc
post Feb 24 2018, 02:56 PM

The future is here - Cryptocurrencies!
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Anybody wants to create a new thread "Where to spend cryptocurrencies in Malaysia?"

The first few post will be a compilations of all the places, whether physical or online, for you to use cryptos to pay for goods.

Of course, if you do create one, you'll have to maintain it tongue.gif

Here's some:

1) Mobile recharge - maxis, celcom, digi, etc : https://en.bitrefill.com/malaysia/
2) Steam vouchers : https://en.bitrefill.com/malaysia/
3) Trezor hardware wallet : https://shop.trezor.io/
4) Ledger hardware wallet : https://www.ledgerwallet.com/

I just bought steam vouchers using bitrefill and topped up my steam wallet! rclxms.gif
kmarc
post Feb 24 2018, 10:47 PM

The future is here - Cryptocurrencies!
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QUOTE(Lycanthrall @ Feb 24 2018, 04:09 PM)
I thought everyone prefer holding crypto and spending those ringgits
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Oh, that's true. However, some do cash out their profits once in a while.

QUOTE(wengherng @ Feb 24 2018, 06:14 PM)
Even better! A thread that has a compilation of all possible avenues to spend would be great! smile.gif
kmarc
post Aug 21 2019, 09:26 AM

The future is here - Cryptocurrencies!
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QUOTE(Andrew Lim @ Aug 19 2019, 12:36 AM)
Just curious, is this the longest thread/topic in LYN?

This is post 29529

Is there a longer topic in LYN?
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QUOTE(ShadowR1 @ Aug 19 2019, 12:53 AM)
There is a limitation of post in a tread and mod will close it, have to open version 2.

I have forget what is the exact post count.
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If it is pinned, there's no limit to post count. wink.gif

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