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Thread: To those who are still in Property and Stock Investment

  1. #31
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    Quote Originally Posted by dtrax View Post
    This is what human race has become... doing useless activity, using precious electricity not for producing food, but for mining crypto currency.

  2. #32
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    Quote Originally Posted by indomie View Post
    This is what human race has become... doing useless activity, using precious electricity not for producing food, but for mining crypto currency.
    It highlights how much actual excess liquidity there is in the market.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  3. #33
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    May I introduce you Proof-of-Stake:
    https://www.youtube.com/watch?v=ASCGQFZgcT8

    Most mining farms in China (hydro electric power) or Russia do produce excess electricity which are not put to use:
    https://www.bloomberg.com/news/artic...bitcoin-mining

  4. #34
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    I have friends in Surabaya doing Mining, electricity is freaking cheap there. Go sim lim square buy graphics card go back Indon mine ah mine...

  5. #35
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    Quote Originally Posted by Arcachon View Post
    They should come to Singapore to learn Hello Kitty siao first.
    Brother, you wish your dad left you properties. Your son will wish you leave him with this cryptokitty besides properties. You dun need brains to 'mine' hello kitty....please thank dtrax. He is literally doing community service.

  6. #36
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    Quote Originally Posted by dtrax View Post
    May I introduce you Proof-of-Stake:
    https://www.youtube.com/watch?v=ASCGQFZgcT8

    Most mining farms in China (hydro electric power) or Russia do produce excess electricity which are not put to use:
    https://www.bloomberg.com/news/artic...bitcoin-mining
    I salute you dtrax! For starting this thread....

  7. #37
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    Quote Originally Posted by HP65 View Post
    Brother, you wish your dad left you properties. Your son will wish you leave him with this cryptokitty besides properties. You dun need brains to 'mine' hello kitty....please thank dtrax. He is literally doing community service.
    No worries, just sharing what I have know. Besides, there's no harm expanding one's knowledge be it for investing or interest in technological trends. I am not surprised really because this is still a very small community of local investors(mostly younger groups) so fierce resistance is definitely within my expectations especially with all the negative news being portrait to the mass market. Crypto investing have to be very very savvy, in fact scams are so rampant that I have never been so paranoid in my entire life

  8. #38
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  9. #39
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    Default ICO and Juicero

    https://techcrunch.com/2017/09/01/ri...share=facebook

    ICOs are high risk high reward investment. The same analogy can be applied to the fate of a well funded startup like Juicero that raised over $118 mil from reputable VCs.

    RIP Juicero

  10. #40
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    Default Gone in 30mins

    Fraudsters just stole $7 million by hacking a cryptocoin offering:

    https://www.cnbc.com/2017/07/17/coin...en-in-ico.html

  11. #41
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    Default What is a smart contract?


  12. #42
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    Questions to:
    -How to Identify if a potential company launching an ICO is selling shitcoins (snake oil) when reading their whitepaper(technical stuff)
    -Why hacking is so rampant in the crypto space
    -What is an Utility token (Protip: An ICO which issues coins that are no Utility tokens by nature [which most aren't] are essentially treated as Securities and NOT US SEC/MAS approved)
    More Info: https://medium.com/startup-grind/und...s-a6522655fb91



  13. #43
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    Default Public Edu: 1. Coins are not necessary Currencies, 2. ICO bubbles, 3 Shit coins Scams


  14. #44
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    Hello Kitty

  15. #45
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    Quote Originally Posted by HP65 View Post
    Brother, you wish your dad left you properties. Your son will wish you leave him with this cryptokitty besides properties. You dun need brains to 'mine' hello kitty....please thank dtrax. He is literally doing community service.
    Go in Fast remember to come out faster.

    You should try this. https://purtier.com/

    I wish I could buy a property for my Dad to stay before he Leaves.

    My Son will do much better than me.
    Last edited by Arcachon; 02-09-17 at 12:57.

  16. #46
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    Default 3K lesson

    Another month as #PlatinumAchiever, an title given for grossing more than $200k commission.
    Thank you to all business partners and consumers for your continuous support ����
    For #order of our products and #CareerAdvancement, please feel free to contact my team leaders for an non obligatory discussion.

  17. #47
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    Not for the faint hearted...

    Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal
    https://www.bloomberg.com/news/artic...gs-are-illegal

  18. #48
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    Indeed. It all depends on the entry time.

    Charts dont lie. Here is the most basic crypto currency, Bitcoin. The gold standard in the cryptosphere performance 2 months later from Sep:


    Attached Images Attached Images

  19. #49
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    It has dropped to as low as $3000 and has surpass yet another historical high of $6200. Currently it stands at $5700. If entry point of $4000 and by just holding this asset, it will be a 40% gain

  20. #50
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    1. Singapore wont regulate crypto currencies:
    http://www.straitstimes.com/business...isk-ravi-menon

    2. Jamie Dimon shouts Bitcoin is fraud:
    https://www.reuters.com/article/lega...-idUSKCN1BN2PN

    3. Yet Jamie Dimon is betting big on Blockchain Tech
    https://www.cnbc.com/2017/10/16/jpmo...in-stupid.html

    4. Apple Co-Founder says bitcoin is better than gold
    https://www.cryptocoinsnews.com/appl...n-better-gold/
    https://www.cnbc.com/video/2017/06/1...lockchain.html

    5. HongKong and Singapore partners on blockchain tech
    http://www.businesstimes.com.sg/gove...ch-development

  21. #51
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    Quote Originally Posted by Arcachon View Post
    Another month as #PlatinumAchiever, an title given for grossing more than $200k commission.
    Thank you to all business partners and consumers for your continuous support ����
    For #order of our products and #CareerAdvancement, please feel free to contact my team leaders for an non obligatory discussion.
    I fully get where you are coming from. I can assure, cryptospere is filled with the most ponzi, fraud, scams and hacks you can ever see in your entire life. So much so that I became very paranoid. The most fundamental approach is still doing your due diligence and never let greed overtake your mind.

    A very simple case study: Regal Coin
    https://coinmarketcap.com/currencies/regalcoin/

    This is simply a MLM-based crypto currency. ICO price is $0.85 and boy, now it is a freaking $50 (x50 returns). Am I excited, YES! DO I want to be part of it? Hell No!

    It really depends on your principles in investing. Some like many offline MLM, ponzi schemes got into the crypto version knowingly the fact that it is a scam and having a strong resistance against buying these types of coins goes a long way as compared to buying a coin backed by a real reputable team with strong use-case

    Of cse, the above may not apply if one concludes that crypto currency is a bubble in the making

  22. #52
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    Bitcoin Surges After World's Biggest Exchange Announces Plans for Futures

    https://www.bloomberg.com/news/artic...itcoin-futures

    Bitcoin will be coming to the masses soon

    Who is CME Group?
    CME Group Inc. (Chicago Mercantile Exchange & Chicago Board of Trade) is an American financial market company operating the world's largest options and futures exchange. It owns and operates large derivatives and futures exchanges in Chicago, New York City, and exchange facilities in London, using online trading platforms.[3][4] It also owns the Dow Jones stock and financial indexes, and CME Clearing Services, which provides settlement and clearing of exchange trades. The exchange-traded derivative contracts include futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, rare and precious metals, weather, and real estate.[5] It has been described by The Economist as "The biggest financial exchange you have never heard of."

  23. #53
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    Visa approves Monaco cryptocurrency card for Singapore residents

    http://www.todayonline.com/business/...pore-residents

    Crypto for the masses coming soon

  24. #54
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    Bitcoin SMASHES WAY PASS $7000 in Korean Market at US$7300
    - https://coinmarketcap.com/currencies/bitcoin/#markets

    Fomo is real, really regreted cashing out some btc for property loan repayments

  25. #55
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    Bitcoin Surges Past $7,000 to Extend Record Rally
    https://www.bloomberg.com/news/artic...ally-this-year


  26. #56
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    One of the Biggest Bitcoin Exchanges Just Added 100,000 Users in a Single Day

    https://www.bloomberg.com/news/artic...price-exploded

  27. #57
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    [QUOTE=dtrax;532206]One of the Biggest Bitcoin Exchanges Just Added 100,000 Users in a Single Day

    https://www.bloomberg.com/news/artic...price-exploded[/QUOT

    which government willing to let money printing machine be under someone else hand.

    Now they don't need any energy hungry machine to print money do you think they will go in.

    Chinese is going after Chinese who export their money in order to keep they buy bitcoin guess what happen next.

  28. #58
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    Long term bitcoin will be regulated (taxation, trading etc..), one thing for sure bitcoin cannot be shut down.

    Alot of China vol has gone to OTC as well as Online based OTC. Check out the vol of Chinese Yuan for online OTC at localbitcoins - https://coin.dance/volume/localbitcoins/CNY ever since the China ban.

    It is virtually unstoppable. Right now, some of the China major exchanges have already shifted overseas primarily in Japan, Korea and Singapore registered exchanges. The RMB has already been shifted offshore for BTC trading

    One thing about China ban, this is the Nth time it has happened and each time it has gotten higher and higher.

    Also, the largest market does not lie in China to begin with or any countries listed so far that has fiercely outright ban BTC

  29. #59
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    Countries that bans crypto currency will be having the same situation like China where more funds will outflow to those countries that embraces crypto currency. Bitcoin as its core, is decentralized, not control by anyone or any nation. It is akin to saying that a Nation outright ban its own citizens from trading crypto currency as well as banning its citizens from bringing any fiat currency out of their nation

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