Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

views
     
noob90
post Sep 15 2017, 09:45 AM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


Anyone got any experience with coin hako? How long does it take for the deposits to show up in the Coinhako account?

Usually, I use luno, but currently the bitcoin price spread between coinhako and luno is too big.
noob90
post Sep 15 2017, 04:39 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(korangar @ Sep 15 2017, 10:32 AM)
my deposit to coinhako still pending since wednesday. although there are people here saying their deposit reflected same day. so, it would depends on your luck as it seems coinhako is understaff now.
*
Sighhh...looks like no choice, have to use luno or else will miss this dip.


noob90
post Sep 15 2017, 04:43 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


what other coins you guys are eyeing for during this crazy sale?

Thinking to buy more ethereum once price drop below 200. Maybe omg too
noob90
post Sep 15 2017, 10:55 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(alpha33 @ Sep 15 2017, 10:19 PM)
While i got greedy trying to buy lower than 12k.now i so regret it.
End up didnt buy anything.
*
i think this is just a rebounce, will dip back down later, although not sure if it will go as low as 12k again or not. Judging from the past few weeks, Sunday would be the best time to buy, crossing finger this will be true.
noob90
post Sep 16 2017, 11:43 AM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


What other alternatives do Malaysia have other than luno? Their price is like 5-10% higher than the market. I like luno because the deposit is very fast, but the higher spread is such a turn off.

If use coinhako, by the time the money is in, the market already recover...

Anyway, any sifus know if this recovery is going to continue or going to drop further later?

noob90
post Sep 16 2017, 12:42 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(TheRealist @ Sep 16 2017, 10:32 AM)
The problem is that people in lowyat in general are not civilized enough to hold a conversation  with people with ideas that contradict theirs. My other account was banned just because I have dared to say something that contradicts what was being said over here.

If bitcoin was so massively cheap last year why didn't you buy them. In fact if you had bought them last year, you may not even be chatting with me here. In fact you should have bought them when bitcoin first incepted.

Problem is are people actually using those technologies. Most probably not. 90% of the people probably just bought bitcoin because it's sound cool, the technology looks cool and the price has been shooting up recently. As you stated, the only thing that is supporting the price is the confidence of the technology which is the decentralized nature of the coin. Well there are also many great technologies that are cheap or free for example email etc. As I mentioned previously Amazon aws is something that increases the profitability of an application but yet is not as costly as bitcoin. Just like anything else there is no reason for a technology to be expensive unless the technology provides convenience and extra profitability. So my question here is what is then preventing bitcoin from becoming zero. I mean you guys say that fiat is worth nothing. Then why would crypto which is in the end is just bits be worth so much more? Yes it's backed by blockchain but then it's only bits that's alll.

Why would you want your financial transaction to be transparent in the first place. Is it not my right for outsiders not to interfere in my business?already more and more cryptocurrencies are created. So your argument that government cannot create more cryptocurrencies is moot. Cryptocurrencies are no different then a more complex version of gaming money. Your understanding of the utility of bitcoin is not even correct. Reason why I compared crrypto with laptop or phone is those 2 items represents the added value of technology.

Price manipulation happens all of the time. That is why there are cartels that collude together to direct the price to a particular direction. It happens in all commodities and even finanical instruments like interest rates. You are obviously oblivious to this.

You really do not know how finance work. The reason why people are willing to invest in a share that does not give dividend is because of their confidence that the company will grow and thus the price of the stock will grow with it.you are obviously blind to see that gold is being manipulated. But nvm.

More like those millions just want to make a quick profit that's all. Your assumption is that there is no manipulation of prices. Hello. Anything that is subjected to exchanges can be manipulated.

Hope you are not naive to not realize that when the merchants accept bitcoin they will immediately convert those bitcoins to USD. Also I believe that items that are being charged in bitcpons is going to be more expensive.
The value of every single thing that ever existed in this world can be break down into two part: fundamental value and speculation value. The fundamental value is the real value of any item, for example in an efficient market, if every single one of us are willing to pay RM5 for an apple, than the apple value is RM 5 (the fundamental part). However, if someone bring any rumors about that apple (i.e. government will ban the import of apple starting next month), for sure more people will queue to buy more apple to stock up, and are willing to pay another RM3 extra (the speculation part). In the end the final price will be 8 = 5 + 3 (i.e. the base price + the impact of speculation).

The same thing with Bitcoin - as more people start to believe in the technology behind blockchain, the demand will increase which cause the price to soar (the fundamental). And when new rumors come out such as China is banning the exchange, then the price dropped to react to the news (the speculation bit). And similar to the above example, the final price of bitcoin will be equal to the fundamental part plus the speculation part. When we say it is cheap, is because we believe that the real price of the bitcoin (the fundamental value) is higher than the current price, and what cause the price to go down is due to the market reacting to the news (the speculation bit).

Of course, everyone would have different opinion on what the real price of bitcoin is, for you it may be 0 but for us who believe in the technology, we think it is worth 5k. And back to your question, why don't we buy more last year? I cant say for others, but for me I don't really understand the technology the same way as I did today, so that's the reason I dont buy any last year. And as more people start to adopt the technology, the price will continue to rise. This is why, we believe that the price of bitcoin will keep continue to rise as we expect more and more business to start adopting/accepting bitcoin as a currency. In fact, some car dealers, coffee shops in US are already accepting payment in bitcoin.

About anyone can create a new cryptocurrencies - Yes this is true. But not everyone will accept and adopt the new coin you created (i.e. the demand is not there). That is why you have some random coin at 10 cent versus bitcoin at 3.5k usd. In the end, what drives the value of coin is the market itself, if everyone agrees X is worth Y then X will worth Y.

About comparing blockchain to email.... that is not really a good comparison, blockchain is a game changer technology. Maybe you should do more research on why blockchain is the technology of the future. You can watch many TedTalk video about blockchain on youtube. Even if you still dont trust bitcoin as a replacement of currency, you should at least be able to understand the potential of block chain.

Cheers!
noob90
post Sep 16 2017, 05:27 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(dc_talkz @ Sep 16 2017, 04:48 PM)
Our group has been looking at that pre-breakout. Most of us are already in the money.  rolleyes.gif
*
Woww...got such group?,How can we join? wink3.gif
noob90
post Sep 17 2017, 02:42 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(chiucheng @ Sep 17 2017, 12:01 PM)
Hi guys, any distributors for ledger nano S wallet in malaysia?
*
most dealers are out of stock..i have made an order through fb page singblueether, you can google them, they are one of the retailer listed in the official ledger website
noob90
post Sep 26 2017, 10:33 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


What do you guys expect to happen with 30/09 become closer...should we expect more dip this weekend?
noob90
post Oct 11 2017, 11:57 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


anyone buying chainlink? looks promising..thinking to buy some.
noob90
post Oct 12 2017, 04:38 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(Davez89 @ Oct 12 2017, 03:14 PM)
Bought before the overbought.. Sitting at profit now.
*
Might be overbought, but dont you think it can go higher since SIBOS DEMO coming in a few days?
noob90
post Oct 12 2017, 10:11 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(Secruoser @ Oct 12 2017, 05:14 PM)
Yes it's a new support, but it hasn't been tested yet. It's the final impulse wave of the Elliott, ought to be careful.
*
What did you exactly mean by this? Going to sink hard after this uptrend?
noob90
post Oct 13 2017, 11:36 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


tempted to trade my btc to neo right now, neo is almost at the same level (sat wise) as at september dip. Should easily double my btc when it recover? Does this make sense?

Also, anyone buying ETP?

This post has been edited by noob90: Oct 13 2017, 11:40 PM
noob90
post Feb 10 2018, 02:57 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


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
*
Im interested. What's the minimum contribution needed?

noob90
post Feb 10 2018, 09:29 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(dc_talkz @ Feb 10 2018, 03:59 PM)
haha, bro thanks for vouching. Kmarc is part of our team, by the way, he will also help oversee the process and we will try our best to come up with a transparent and fair process.
Since we just started, I think in order to build trust maybe something like 0.5 eth. Everything will be done via Primablock. Example something like that:

user posted image
Also, we currently have about 4-5 live pools ongoing. I think there is one that you guys will like. Just been reviewed by Crush Crypto (Te-Food): https://crushcrypto.com/te-food-ico-review/
*
Sounds good. Let me know how can i join smile.gif
noob90
post Feb 10 2018, 10:27 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(dc_talkz @ Feb 10 2018, 09:43 PM)
PM me for telegram invite link.
BY the way guys. I have opened the primablock pool. Ready for contribution now. 50% bonus for Te-food ICO (bonus tokens locked for 3months). I will keep the contribution window open for 24 hours. PM me for telegram invite link.
*
Pm-ed

Anyway, has anyone withdraw more than 50k to maybank? Any problem?
noob90
post Feb 10 2018, 10:54 PM

Getting Started
**
Junior Member
60 posts

Joined: Apr 2009


QUOTE(Davez89 @ Feb 10 2018, 10:47 PM)
50k one transaction no.. Multiple transaction sum up over 6 figures got
*
If i split remitano transaction over multiple buyer in the same day, do you think it will alert the bank the same way as i make one large transaction?

 

Change to:
| Lo-Fi Version
0.0728sec    0.67    7 queries    GZIP Disabled
Time is now: 16th December 2025 - 06:25 PM