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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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Malformed
post Oct 20 2017, 12:39 PM

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QUOTE(xhakox @ Oct 19 2017, 11:14 PM)
Guys get VTC while it's cheap! Seriously. Although I just hold a small amount of that coin, it has become tripled in value. Bought it when it dipped to $0.4+ - $0.5+

Do your own due diligence. I believe in their development.

(Small note: I just invested RM100 laugh.gif )
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Their web wallet is down for some time. Did you use their windows wallet?
Malformed
post Nov 2 2017, 11:41 AM

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I bought from Luno, i wanna transfer to out to an actual wallet with keys. But the fee for sending out is around ~20rm.

What is a cheaper way to convert myr to btc?
Malformed
post Nov 2 2017, 12:08 PM

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QUOTE(DaIdiot @ Nov 2 2017, 12:02 PM)
RM20 for the transaction is cheap... i did a transfer and the fee was USD 20
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If you are using BTC/USD platform, maybe that is their standard
Malformed
post Nov 2 2017, 05:54 PM

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Anyone know how the fee structure for luno works? Sometimes maker BID at highest price get charged, sometimes maker ASK at lowest price get charged.

As i read from the fee info, there should only be fee charged on taker.

Im building a software to trade the spread. But i wanna find the fee free margin.
Malformed
post Nov 2 2017, 10:19 PM

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QUOTE(yokoloco @ Nov 2 2017, 06:55 PM)
yea it should be taker fee if the order executed immediately.
according to their FAQ, maker fee should be 0%. bids executed immediately will be charged a Taker's fee. depends on the amount u trade, vary from 0.5% to 1%.
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I dont think their FAQ is complete, and their API are not letting me get a fee in advance like the actual website / app gives. Im trying to figure out the way to buffer the % to avoid the fee.

Let's see how it goes


QUOTE(jack2 @ Nov 2 2017, 07:04 PM)
Luno always pretend not to process deposit or btc withdrawal when BTC is high.

My BTC withdrawal 40 mins till not they haven't released to blockchain
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Why now just trade on the exchange? Then just withdraw MYR to MYR.
Malformed
post Nov 26 2017, 09:00 AM

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Does anyone trade with bots? Any difference bot crypto-fiat vs crypto-crypto?
Malformed
post Dec 14 2017, 12:36 AM

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QUOTE(yokoloco @ Dec 13 2017, 04:28 PM)
if your end goal  is more fiat, then you should buy btc, wait till it rise and sell.
this way, you just see fiat price (MYR/USD) vs BTC.

if your end goal is more BTC, can either trade vs fiat or trade vs alt.
you will need to see in satoshis when trading with Alts.
example : you buy 0.03 ETH/BTC, sell at 0.04ETH/BTC, this will result in more BTC.

but if BTC suddenly rises like recently, ETH USD value might still be at the same but vs BTC rate, ETH is dipping vs BTC and if you sell it to BTC, you end up losing more BTC despite it seems you might be earning in USD.
example :
> ETH priced @ 400usd, is 0.04 ETH/BTC
> BTC moons
> ETH price @ 400usd, but in terms of Satoshi is 0.03.
> selling your ETH to BTC, result in a loss of 0.01 BTC, even tho in terms of USD its the same.

not sure if I explained it right.. haha
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This is what im doing on ETH/BTC, repeat BS and earn BTC. Im botting my software to buy -0.0001 and sell +0.0001. Effectively earned 8-10% worth of satoshis of my capped cost under 24hours.
Malformed
post Dec 14 2017, 09:55 AM

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QUOTE(korangar @ Dec 14 2017, 09:21 AM)
its price is closely link with BTC, as with most Alts. if there is no crash in BTC, i think it will not drop further than 650 range. but right now, the BTC/ETH pair is looking good, might hit 0.05 soon. tongue.gif
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It used to be 0.58.. and it dropped to 0.2xx. In crypto crypto pair, as long as both value in fiat go up even it is 0.2xx you can profit
Malformed
post Dec 14 2017, 09:56 AM

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QUOTE(jjjwei @ Dec 14 2017, 09:53 AM)
Bro so you actually recommend localbitcoin/remitano than Luno.

Sorry I am a little confused. For Malaysian to start investing into crypto, regardless which coin we wanna invest, we need BTC/ether first. So is Luno the one better to use ? coz i see a lot using Luno here.
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Ppl are using luno because it is easy to convert from myr to btc and back
Malformed
post Dec 14 2017, 07:10 PM

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QUOTE(yamasakai @ Dec 14 2017, 05:01 PM)
Its true... he was buying and reselling from $86 to $300.. a few dip in between so at base he already earn 3x, no surprise at 10x to 14x there...

And I was just watching at the sidelines.

And people who are asking for the next breakout, no one really knows when exactly. But potential coins for breakout, there's a few. It may take a week, a month, a year or maybe years but it has the potential.

I recommend that people who want to take advantage of this, at least have some money in the exchange or at least get their account verified first.

Opportunities in Crypto come and go, and they really vanish quickly! So if you only want to wait for it the ride to start then only do your pre-ride stuffs... Guess what? You're very likely to miss it.
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Missed out what was quoted. What kind of trading strategy used?
Malformed
post Dec 23 2017, 04:13 PM

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Bought verge at 3 sens, now 60 sens.. regret didn pump more
Malformed
post Dec 23 2017, 04:28 PM

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QUOTE(roy_zu @ Dec 23 2017, 04:18 PM)
To really see the good profit, i suggest pump in more. It has huge potential to go 1$ in next 12 months (or even 24 months). Planning to top up 10k units by end of the yearand gradually top up through out next year.
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Thx for motivation. Im storing in non exchange wallet. Coinomi stopped the shapeshift changelly option.. damn it. Where can i get it?
Malformed
post Dec 23 2017, 08:42 PM

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What's Binance "Use B2B to pay for fees" option?
Malformed
post Dec 25 2017, 10:45 AM

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To use market order instead of limit order, how much % hike have to be seen to realise tangible profits?
Malformed
post Dec 25 2017, 11:59 AM

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QUOTE(yamasakai @ Dec 25 2017, 11:11 AM)
Depends on the current limit order and also what is eventually the price of the limit order, and how much is the taker fees.

Market Order = Taker Fees.
Price you buy at means whatever that is currently the buy/sell price until it fills all your order.

For example current sell order is 100 units at 100 sats and the next available sell order is 3000 units at 200 sats. If you choose to purchase 200 units, you'll end up buying 100 units at 100 sats and 100 units at 200 sats.
But lets say there's only 10 units at 100 sats and 50 units at 200 sats and 200 units at 300 sats, you're average cost is closer to 300 sats.

Hence there is no general % hike that will answer your question.  But probably around 5-8% should start guarateeing you some profit.
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Buying in can be set at a favourable price as we can control. But because there is no trailing lost option, when the dip is happening limit order is no longer favourable and sometimes have to opt for market order to cut the losses.

Does market order = latest sell trade - taker fee?

Means if i bought in 0.0100. Price hit alt 0.0400 example. I hit market order, my profit will be (0.0400 - 0.0100) * (1.00 - 0.01) if taker fee is 0.01%

Malformed
post Dec 26 2017, 10:04 AM

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QUOTE(steveraj @ Dec 26 2017, 09:59 AM)
Guys, anyone here 2nd level verified on binance ? I want to do but i have very stupid fears that binance might stop me from trading because i malaysian. Im crazy stupid paranoid..
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What does 2nd level verified has to do with being a malaysian?
Malformed
post Dec 26 2017, 03:04 PM

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QUOTE(roy_zu @ Dec 26 2017, 02:51 PM)
Just stock up 10k units at 900 sats. My buy order was auto triggered. The news about Dev not contacting seems to be a fake on.
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How to auto trigger if i may ask..? Any exchange have this feature?
Malformed
post Jan 6 2018, 04:58 PM

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QUOTE(UserU @ Jan 6 2018, 04:26 PM)
Account > Enable "Using BNB to pay for fees"
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Do i get discount on the fee when buying XXX/BNB or it deduct BNB when i buy any XXX/BTC as long as I have BNB in my wallet?
Malformed
post Jan 6 2018, 06:44 PM

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QUOTE(yyie @ Jan 6 2018, 04:58 PM)
the latter
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QUOTE(UserU @ Jan 6 2018, 05:00 PM)
Applies to all trades, including BNB.

user posted image
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Thanks biggrin.gif
Malformed
post Jan 17 2018, 02:37 PM

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QUOTE(mawardi @ Jan 17 2018, 02:26 PM)
Oh wee, thank you.
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And when they unfreeze, Luno exchange will sync up back with other exchanges till the point arbitraging will be expensive and pointless.

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