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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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jack2
post Dec 23 2017, 12:47 PM

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QUOTE(SkyHermit @ Dec 23 2017, 12:37 PM)
But only Luno Malaysia is affected right? Luno SG and south Africa dont have withdrawal and deposit issue
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i see it is spreading to neightbours
jack2
post Dec 23 2017, 08:36 PM

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QUOTE(minmin @ Dec 23 2017, 08:18 PM)
Now Luno is halted. Any suggestion for how can I cash in my etheruem or bitcoin to MYR?
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via jack
jack2
post Dec 23 2017, 10:35 PM

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deleted -

No need to kesian u all..

This post has been edited by jack2: Dec 23 2017, 11:21 PM
jack2
post Dec 23 2017, 11:16 PM

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QUOTE(FatalExe @ Dec 23 2017, 11:04 PM)
I keep seeing him saying he got source and he keep finding sellers in the forum to buy coins

Abit annoyed that he is spreading fear
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QUOTE(are89 @ Dec 23 2017, 11:06 PM)
Maybe he got his money stuck in Luno  biggrin.gif  and give up already by spreading fear to others
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I do not need to do so.
If you have friends who work in MBB as management, get info from them.
jack2
post Dec 23 2017, 11:20 PM

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QUOTE(luminaryxi @ Dec 23 2017, 11:19 PM)
Who buy verge can retire liao
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me... bye.gif
jack2
post Dec 23 2017, 11:27 PM

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QUOTE(citacitata @ Dec 23 2017, 11:26 PM)
Then just say here la if you're really honest. Lol.
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No. I deleted my comment.
jack2
post Dec 24 2017, 10:51 AM

Mr
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btc will hit 10k wall next week
jack2
post Dec 24 2017, 12:33 PM

Mr
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QUOTE(blue16 @ Dec 24 2017, 12:33 PM)
the support at the pricing is strong
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if break, can go 8k usd...

rclxms.gif

standby bullet.. i forseen it would happen
jack2
post Dec 24 2017, 01:10 PM

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QUOTE(Ice BabY @ Dec 24 2017, 01:08 PM)
Withdraw RM1k fee is RM1xx? Seriously???
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Yes... btc is king now but bcc will replace them

or eth or ltc or doge or digibyte
jack2
post Dec 24 2017, 11:57 PM

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QUOTE(1wildcat1 @ Dec 24 2017, 11:50 PM)
you rage at wrong fella ah? notworthy.gif
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No. Someone critise the one RM5....to compare with CEX which he is always promoting that how cheap it is... but I am here to prove him wrong.
jack2
post Dec 25 2017, 12:18 PM

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QUOTE(roy_zu @ Dec 25 2017, 12:16 PM)
Jack, talk to a mirror to see how stupid u sound. No one here stupid enuf to buy and premium in CEX and sell at market rate at other exchanges. So buy in CEX and sell in CEX.

How about those buying from u at USD 5, sell to to other forumer at USD 5?
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Do your maths and show me first before talking further and show me the working and calculation.

If you can't show to prove yourself, you failed in your maths.

Calculate with current price:

1. buy from cex and sell to cex at the same time
2. Buy with RM5 based on current price with gdax exchange and sell to cex or elsewhere.

Note: 1 and 2 prices must be at the same time to compare with gdax and cex.
jack2
post Dec 25 2017, 12:24 PM

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QUOTE(roy_zu @ Dec 25 2017, 12:21 PM)
ROI low or higher is my problem. Rather than wasting Ur time to prove ur a still selling cheaper, go spread more FUD about Luno running away and get people sell u at 4.05 USD rate.

At least buy at CEX is premium and sell also premium. Buy with u at USD 5 and sell USD 4.05? I'm comparing apples to apples as u said, buying and selling at same exchange (since u are considering urself as one without any sort of security for buyer)
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Did i ask forumers to buy from me at 5 and sell at 4.05??

S enough U to buy from cex which is paying high cost.
jack2
post Dec 25 2017, 01:10 PM

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QUOTE(roy_zu @ Dec 25 2017, 12:48 PM)
Well, if the scenario is someone want to buy today at MYR and sell tmr at MYR. No need to talk about sending to other exchange and sell to USD. Just buy today and sell tmr for MYR.

Today's price 10k USD in GDAX and CEX is 12k USD (20% Premium. The next day 20% up. So 12k in GDAX and CEX is 14.4k.

Buying from u : 1 BTC = 10k X 5 = MYR 50,000
Selling to u : 1 BTC = 12k X 4.05 = MYR 48,600

Buying from CEX (including all the commission and chargers)
1 BTC = 12k X 4.53 = MYR 54,360
Selling : 1 BTC = 14.4k X 4.15 = MYR 59,760. Minus another 2.5% commission = MYR 57,668.40

Do Ur math on ROI. Let's see who failed math in primary school.
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You didn't use my formula.

Why buy today and sell tomorrow with 20% price increase?

You are just not to show your wrong calculation. I never ask clients to buy from me and sell to me.

Since you are nuts again and let use your incident to buy from me and sell to cex by using your formula that buy today and sell tomorrow with 20% price up in Bitcoin.

Show me this profit buy using your formula that buy from me at RM5 and sell to cex.

And compare with buy with cex with cheaper price at 4.4 and sell to cex.

Nut

This post has been edited by jack2: Dec 25 2017, 01:14 PM
jack2
post Dec 25 2017, 07:36 PM

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QUOTE(zeff @ Dec 25 2017, 04:09 PM)
Im a frequent customer to jack and i think u got the wrong idea. The rate charge by him is 4.3-4.4 depending on current exchange and i will compare this to other exchange accepting RM is cheaper to get from Jack (coinhako, Luno). plus the convenience - some altcoins i wanted to get that was not available in the exchange i used he is able to source it and give a fair price and deliver it fast. This is also in comparison with using credit card to purchase in US exchanges - which i feel is not worth the exchange rate and complexity.

All in all i dont feel like there was any issue paying him the price, it seem to me as a fair price for his work. I've traded a lot of $ through him and happily recommended him to my friends who needed a way to hop in to crypto with ringgit.

If you can offer a better alternative let me know
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I must tell you that roy_zu was my client when I were new and he was new and he bought a lot from me. Through out this period, he learned a lot and started to do at his own. I don't mind and don't care to sell over forums but he started to criticise over me through out several posts until the last one by saying comparing the CEX's rate that he is paying Vs the one RM5 (Which is indirectly indicated me).

I have no choice but to defend to prove that his calculation and data fact are totally wrong. Till now, he is still insist that by proving the wrong comparison data (apple with durian and not apple with apple).

This is his comparison that he made in the last post:

Buy BTC from cex.io at 20% price higher than GDAX and sell again via cex.io at tomorrow (assuming there is 20% price up increase tomorrow)

Vs

Buy BTC from me at RM5.00 and sell to me as well at RM4.05.

(This is totally wrong comparison - but he is insist he is right).

I must point out that I never ask clients to buy from me and must sell back to me. This is up to them.

Also this comparison is not valid at all to his previous statement that the rate of RM4.40 paying through CEX.io by using credit card is much cheaper than the one offerred at rate RM5.00.

Why? > This statement given by him is only one side i.e. buying at rate RM4.40 is much CHEAPER than paying RM5.00 to me.

I have proved his data and calculation is wrong and then he turned to say that buy from cex.io and sell to cex.io and compare to buy from me and sell to me. whistling.gif


Let me re-show the calculation again at current price data at 7.30pm.

Price quoted in CEX.io = USD15,685
Average price by paying through CC (including all charges) = RM4.40

Total price payable for 1 BTC = USD15,685 x RM4.40 = RM69,014


Price quoted cryptowat.ch = USD13,776 (current price used is based on bitfinex - this is changeable according to crytowat)
Buying price = RM5.00

Total price payable for 1 BTC = RM68,880

The price you can buy from Luno RM65,264

(The gap between these 3 pricings are much closer than yesterday in which total price paid via CEX.io was far expensive than the one I showed. This is normal as market will sync all the time)


I have reason to increase the rate from RM4.40 which I was selling at the time before this holiday to current price of RM5.00 because there is price variance between international market against Malaysia market. Thus I increased this rate for some reason.

Anyway, I have no interest to sell over forums to Malaysia market as I can sell through localbitcoin and Remitano which I have better proceeds.

I am now taking off my signature for my buy sell thread as I am not interested to promote my service to sell over here.


Forumers can buy from cex.io in which is cheaper than all the time. rclxms.gif



This post has been edited by jack2: Dec 25 2017, 07:40 PM
jack2
post Dec 26 2017, 05:53 PM

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QUOTE(HiT-AbLe @ Dec 26 2017, 05:35 PM)
I doubt if this is the case remitano will release the btc to buyer without doing further investigations from both sides.
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QUOTE(cZee @ Dec 26 2017, 05:36 PM)
I cannot comment how remitano's SOP. For my dispute with localbitcoins, the following was directed to the scammer:

XXX, we need a video or better a screencast in which you do the following:
- login to your bank account
- browse to the transactions list page
- browse to the payment details page
Then send the file to support.team@localbitcoins.com with subject "dispute #xxxxxx"
Deadline is 8 hours.
Please read the request carefully and follow it step by step. We will ignore screenshots.
If it's a video, make sure that the camera is not moving otherwise will be impossible for us to read the screen.
Make also sure that the resolution is high enough to read the text.

And I am very satisfied with their resolution.
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so far any people get scammed by using remitano or localbitcoin?
jack2
post Dec 27 2017, 01:27 PM

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QUOTE(CoffeeDude @ Dec 27 2017, 01:26 PM)
Some of you may have heard about the supposed Segwit2x revival on the 28th of December. Do not bother holding Bitcoin for the fork, it is a waste of time. There is no miner support, only one Russian developer and the token will only be accredited on HitBtc and Yobit. Major red flags.
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Never use HitBTC. It is scam exchange.
jack2
post Dec 28 2017, 10:42 AM

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QUOTE(lightning69 @ Dec 28 2017, 10:40 AM)
XVG news....
John McAfee‏Verified account
@officialmcafee
Follow Follow @officialmcafee
More
Urgent:  My account was hacked. Twitter has been notified. The coin of the day tweet was not me. As you all know... I am not doing a coin of the day anymore!!!!
John McAfee‏Verified account
@officialmcafee
Follow Follow @officialmcafee
More
To the Verge people: I stated that VERGE MIGHT possibly rise, over the long term, to $0.15 - which was an increase of 1,500% over its price st the time. If you believe I am so stupid as to predict a rise of 150,000% - which is $15 - then you need to back off on the drugs.

Decided for yourself.  My decision to exit because I think XVG is shit coin as XVG can't even get a XVG wallet to work properly.
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I don't think his account is hacked until so many days. It is just a tactic.

jack2
post Dec 28 2017, 11:07 AM

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QUOTE(lightning69 @ Dec 28 2017, 11:00 AM)
I agreed.  I think this guy is full of shit.  I have doubt about XVG too.  Its the only coin I have so much problem finding a working wallet.  If i invest more and have no proper way to store it, then its a major problem.  XVG itself could be working with McAfee to pump and dump.  At the end of the day, if there are so much bad news going on with a coins, sell it.  There are a lot more good coins
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Share his pic here to let everyone sees how he looks like. Then we will know if he is honest or not
jack2
post Dec 28 2017, 12:49 PM

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QUOTE(rjb123 @ Dec 28 2017, 12:48 PM)
I’m not sure, there’s a lot of confusion as the futures on Hitbtc relate to the initial B2X fork which wasn’t cancelled - these guys have just used the same name.

I’m away at the moment so don’t have much time to research properly.
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dont fall into the trap of hitbtc which is a scam exchange.
jack2
post Dec 29 2017, 09:02 PM

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QUOTE(Raymond_ACCA @ Dec 29 2017, 05:58 PM)
Wow sending btc from coinhako to binance cost me like rm200 for rm2k worth of btc. Is this transaction fee normally that high?
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QUOTE(Raymond_ACCA @ Dec 29 2017, 06:24 PM)
Coinhako 0.002 BTC :@
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Not normal. They get 0.002 from you but pay 0.0007 to miners only.

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