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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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jack2
post Oct 16 2017, 11:05 AM

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QUOTE(WooTz @ Oct 16 2017, 11:00 AM)
we're fully expecting massive DoS attacks soon after the fork to disrupt the transition, since the exploit is known now.

running a node help miners to propagate the blocks across the globe. Can't do that if half of all clients get DDoS'd to death  smile.gif
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I am not miner... still need to run?

How to run? Any benefits? hehe
jack2
post Oct 16 2017, 11:42 AM

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QUOTE(WooTz @ Oct 16 2017, 11:32 AM)
it's a voluntary effort to help support the network

best benefits would be a stable if not higher price for ETH  biggrin.gif

I recommend going for parity

https://github.com/paritytech/parity/releases
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Got some instructions on how to run?

Noob to technical.. haha innocent.gif
jack2
post Oct 16 2017, 01:19 PM

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QUOTE(WooTz @ Oct 16 2017, 12:29 PM)
just download the installparity.exe and runĀ  smile.gif

don't need to bother about setting up wallets, just running it would be beneficial

now 14 out of 20 peers runs exploit-free nodes!

50 minutes to fork! good bye homestead!
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http://127.0.0.1:8180/#/accounts/

No need setup the wallet and all info right?

Did you see me running? Got 12.83% warp restore.

This post has been edited by jack2: Oct 16 2017, 01:20 PM
jack2
post Oct 16 2017, 01:33 PM

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QUOTE(WooTz @ Oct 16 2017, 01:27 PM)
if you click on the cellphone signal icon on the top left, you can see the status of your node

if it displays "Chain Synchronized (yes)" it means you've fully synced to the last block

give it a couple of hours to sync up, mostly depends on the HDD or SSD though
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top left of bottom right?

When I click the icon, it opens up via browser?
jack2
post Oct 16 2017, 01:40 PM

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QUOTE(WooTz @ Oct 16 2017, 01:36 PM)
top left, you interact the node via your browser

also we hard forked to Byzantium without a hitch, hello 3 ETH and 17 second blocks  biggrin.gif
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How to change not to node using browser? I clicked and it opened automatically.

What hello? You got free 3 ETH?
jack2
post Oct 16 2017, 02:19 PM

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QUOTE(WooTz @ Oct 16 2017, 02:16 PM)
I think must use browser for parity.

if browser suck too much RAM can try running geth instead.

as of today, ETH becomes more scarce because the miner block reward has been reduced to 3 ETH from 5 ETH per block, in exchange the difficulty bomb gets delayed another year to allow block times to be consistent at 17~ seconds.

henceforth the price of ETH has found itself a steady floor for the short term  biggrin.gif
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QUOTE(Enigmatic @ Oct 16 2017, 02:16 PM)
Part of the Byzantium release is to reduce block rewards from 5 ethers to 3 ethers.
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so this reduction is better for us?
jack2
post Oct 17 2017, 10:07 AM

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QUOTE(korangar @ Oct 17 2017, 08:35 AM)
I am gonna withdraw all from them.

wengherng

Wanna confirm with you again. We can send PAY to the same ETH address right? As I can see from MEW, there are a lot of ETH addresses which are not visible from ledger nano S ETH ledger. If I want to separate each addresses for each token, also can right? The private key will be the same for each?

It seems that ETH address can support

1. ADX (AdEx)
2. FUN (FunFair)

This post has been edited by jack2: Oct 17 2017, 10:13 AM
jack2
post Oct 17 2017, 10:36 AM

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QUOTE(boreclub @ Oct 17 2017, 10:32 AM)
dear all sifus, may i know if Coinhako now can transfer fiat to local bank? I have Coinhako acc link with Sg bank, but now it cant make transfer to Sg bank anymore, i wonder what to do if i wanna transfer my BTC to fiat back.
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Sell me.. I can transfer to you via Maybank Singapore.
jack2
post Oct 17 2017, 10:55 AM

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QUOTE(SingBlueEther @ Oct 17 2017, 10:54 AM)
I had tried to transfer PAY to ETH address b4 and it works. So do monaco & tokenkard. i guess almost all erc20 coins are supported by MEW.
https://myetherwallet.github.io/knowledge-b...therwallet.html
Ledger nano S works as private key and u manage ur coins using MEW as a front end
https://myetherwallet.github.io/knowledge-b...and-tokens.html

Should I keep my ETH / Tokens on Single or Multiple Addresses?

MyEtherWallet is just a front end. Any Ethereum address can "receive" Ethereum-based tokens ("ERC-20" tokens).

MEW enables you (through a front end) to send tokens / coins from your address, view your token balance, etc. It has no bearing on your address's ability to receive tokens.

Whether you store all your ETH and tokens in the same address is up to you. Some people prefer to have different wallets. Some people have a smaller "hot" wallet that is kept on their computer with small amounts of the coins they hold while keeping a majority of their funds in a cold-storage wallet.

The only thing to keep in mind is that in order to send tokens you must also have a small amount (<0.1 ETH) in your account to cover the cost of gas. For this reason, it can be quite inefficient and frustrating to have all your tokens in different addresses.

At the end of the day, it's up to you though.
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Thanks. Luckily I opt to send to the same address.
jack2
post Oct 17 2017, 11:06 AM

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QUOTE(davidletterboyz @ Oct 17 2017, 11:04 AM)
Which exchange do you recommend?
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Meanwhile I am on Binance only. Future will be qryptos.

I am now moving all coins to cold wallet and keep for at least 1 year.
jack2
post Oct 17 2017, 11:16 AM

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QUOTE(wengherng @ Oct 17 2017, 11:11 AM)
Yes, since PAY is an ERC20-type token, it can be sent to an ETH address.
There is only ONE private key in your hardware wallet (mathematically derived from your 24-word recovery phrase), and it unlocks all the ETH addresses associated with that private key.

You can store all your various ERC20 tokens in the same ETH address, so for example, you can store ETH, PAY, OMG, BNB, HMQ, REP, etc......all inside one single address.
Of course, you can also split them all into separate addresses if you want.
Just remember to always have a little bit of ETH in every one of those addresses, otherwise you won't be able to send your altcoins out later (due to no gas availability).

The "default" address that you see in the Ledger Nano S for ETH is likely the first ETH address that you see when you open it via MEW, but you can practically open up an unlimited number of ETH addresses using the same private key.

To see all the Ethereum tokens, just go to coinmarketcap's tokens page, and filter according to "platform".

https://coinmarketcap.com/tokens/
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Thanks. Have transferred all to cold storage. notworthy.gif
jack2
post Oct 17 2017, 11:17 AM

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QUOTE(AllnGap @ Oct 17 2017, 11:14 AM)
why keep for a year ?
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For long term appreciation.
jack2
post Oct 17 2017, 01:08 PM

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QUOTE(shankar_dass93 @ Oct 17 2017, 01:07 PM)
jack2. did u withdraw your BTC from BITTREX ?

How long did it take u to receive them and is the network crowded ?
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No. I don't have BTC there. Only PAY, ADX, FUN... the rest belum transfer.

All of them were credited into my ETH address within 5 mins... rclxms.gif
jack2
post Oct 17 2017, 01:11 PM

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QUOTE(shankar_dass93 @ Oct 17 2017, 01:10 PM)
Boss I have a question since I haven't received my any funds in Luno yet. If I transfer funds to my luno wallet, How much would luno charge
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Receiving fee 0.0002 fixed
jack2
post Oct 17 2017, 01:16 PM

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QUOTE(shankar_dass93 @ Oct 17 2017, 01:12 PM)
Thanks boss, just read an article about Bittrex and kind of worrying lol
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or may be those are fraudsters?
jack2
post Oct 17 2017, 01:20 PM

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QUOTE(shankar_dass93 @ Oct 17 2017, 01:19 PM)
Don't know but to be safe, I've just withdrew some of my BTC to Luno and my hardware wallet
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Their fees are sucking blood
jack2
post Oct 17 2017, 01:27 PM

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QUOTE(shankar_dass93 @ Oct 17 2017, 01:24 PM)
Yeah Bitrex charges 0.001 but I guess we can't help it right ?

So just INCASE Bittrex turns shit, which other exchange would u be using especially to buy Altcoins (except poloneix)?
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Yes, that is why I don't like to use Bittrex...

0.001 = RM24+
jack2
post Oct 17 2017, 03:21 PM

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wow

we have MalaysiaCoin?
https://www.coinexchange.io/market/MALC/BTC
jack2
post Oct 17 2017, 03:30 PM

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QUOTE(wengherng @ Oct 17 2017, 03:27 PM)
Woah......what are you waiting for?
Buy Buy Buy......
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Don't know what is that
jack2
post Oct 19 2017, 10:00 AM

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OMG is really OhMyGod... lol

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