CTBP
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The Bitcoin Thread
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Dimpie (JIGSAW)
Honorary Master
SilverNodashi
Expert Member
This latest spike seem more like a pump and dump to shake cheap coins out of the new investors prior to a big move up late Jan. Call me paranoid but I'd advise caution unless you're a day trader happy taking big risks. Of course if I'm wrong then that's great too
edit: nope, blew through 16k
You lost R16,000? :wtf:
Breached 16k USD
princeradebe
Senior Member
DMM BITCOIN Exchange in Launching 11 January. Next week might see Bitcoin touching R300 000 again.
Bitcoin is a legal currency in Japan, who wouldn't want to buy. Question is how many people will the Exchange attract.
Bitcoin is a legal currency in Japan, who wouldn't want to buy. Question is how many people will the Exchange attract.
SilverNodashi
Expert Member
etienne_marais
Honorary Master
I think many, there were some Japanese crypto's released last year, and the Japanese market was extremely loyal to it.
You guys seriously overestimate Japan. Bitcoin is FAAARR from mainstream over there despite it’s legal status. The vast majority of people over there either
a) don’t know what it’s about really and
b) wouldn’t touch it with a 10 foot pole
When Nicehash was hacked social media and Japanese news sites were full of smug comments saying how they knew it couldn’t be trusted and only fools bought bitcoin etc. They couldn’t even differentiate between NiceHash getting hacked and bitcoin itself getting hacked.
Japanese news site comments, TV shows and social media are riddled with “tulips”, “bubble”, “no intrinsic valure” and “ponzi scheme” comments just like everywhere else. As for the new exchange they already have a few, and they trade serious volume. Although DMM is a mainstream company I’ll admit. Think Naspers with tentancles everywhere in diverse areas of business.
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IdleLayabout
Active Member
aah. I thought you blew through R16K
I blew through >16K a few weeks ago buying during the dip, starting to smile a bit now as it seems as I was wrong about the pump and dump, bullish sentiment forming.
I tried to but the wallet i was using said the blockchain was slow. Took 36 hours just to get my btc and by then the price rallied to more than 15k
Hahahahaha voicy you kill me..
Dimpie (JIGSAW)
Honorary Master
Just a quick PSA : you can buy your Ledger Nano S from https://cryptovault.co.za/product/ledger-nano-s/ - they are listed on official site as a reseller [video]https://www.ledgerwallet.com/retailers[/video]
Extremely friendly and efficient service from them.
I'm posting this because I see a lot of people are ordering from Takealot where the price is 1k more. Total ripoff.
PS - the whole idea behind the Ledger Nano secure enclave is that it can't function with the software if it was tampered with along the supply chain (also why they don't have a "tamper seal" on the box) - for safety just reset firmware and generate your OWN SEED -don't be this guy https://www.reddit.com/r/ethtrader/comments/7og50a/warning_brutal_scam_guy_buys_a_ledger_nano_wallet/?st=JC37IQT9&sh=5e82cb69
Extremely friendly and efficient service from them.
I'm posting this because I see a lot of people are ordering from Takealot where the price is 1k more. Total ripoff.
PS - the whole idea behind the Ledger Nano secure enclave is that it can't function with the software if it was tampered with along the supply chain (also why they don't have a "tamper seal" on the box) - for safety just reset firmware and generate your OWN SEED -don't be this guy https://www.reddit.com/r/ethtrader/comments/7og50a/warning_brutal_scam_guy_buys_a_ledger_nano_wallet/?st=JC37IQT9&sh=5e82cb69
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Shelley cKay
Active Member
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I bought my nano from https://www.bitcoinzar.co.za
I sent an email to them first, and then dealt with Francois directly via cell phone. Extremely helpful, he told me to how to change from sending btc to zar on Luno (cost was R1800) and delivered it to me the next day (Cape Town)
I sent an email to them first, and then dealt with Francois directly via cell phone. Extremely helpful, he told me to how to change from sending btc to zar on Luno (cost was R1800) and delivered it to me the next day (Cape Town)
SaiyanZ
Executive Member
USD price dropping fast back to $16k now. That R220k buy wall is going to get smashed shortly.
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