Cryptocurrency |OT2| Money's New ERA Shoots for the Moon! | Read OP for Thread Rules
- Thread starter breakYODAy
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Well, they didnt get into details but it seems that it was somewhere between dec-jan. Either way, a stupid idea.
IveI veenout of the market for over a month, havent had time or interest in following things. How are you guys doing? I am thinking about getting my money out of it, but ofc I feel like we will see another boom at some point and I want o be in again.
Since people in crypto love dem partnerships:
VeChain: Partnership with supply chain risk management platform Logsafer
https://www.reddit.com/r/CryptoCurrency/comments/843kwy/vechain_partnership_with_supply_chain_risk/
VeChain: Partnership with supply chain risk management platform Logsafer
https://www.reddit.com/r/CryptoCurrency/comments/843kwy/vechain_partnership_with_supply_chain_risk/
There was an ad on the radio on my way into work this morning advertising home equity loans with one of the benefits listed as "you can use the money to buy into Bitcoin!"
As a lurker of this thread for some time, I know most of the posters here are quite savvy-- but for anyone reading this thinking any kind of loan like this would be a good idea-- don't.
Most responsible lenders (and depending on the loan type, all licensed lenders) will ask the purpose of the loan and will decline loans used to buy securities and it's safe to assume crypto will be folded into that umbrella for underwriting purposes. In more extreme cases, the lender could actually call the loan. I actually witnessed this happen more than a couple times between like '06 and '09.
If you're green with ADC, then I would sell and move to a coin that is actually going to exist in a year.
I have fallen out of the loop on my cyrpto, so I have no clue what is a good coin anymore. I'm still holding stupid XBY for Thor's sake. Any recommendations?
Just a friendly reminder that the next set of futures expire on March 14.
http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures
Something to be aware of if there's any sudden news that could be used to influence the market (and something you can potentially use to your advantage).
http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures
Something to be aware of if there's any sudden news that could be used to influence the market (and something you can potentially use to your advantage).
Get out all all shilled shit coins from three months ago.
My ADC is up for sale. I would love to finally be able to so something with my COLX. I stopped looking...I assume Coinsmarkets is still a dumpster fire.
Got out of ADC at .007 for a nice profit. I'm seeing XRP being shilled a lot for investing in once again. I don't know if I want back in that coin though...
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I mean xrp is def going to go back to its 1.xx so it's a good time to buy
So if I got into crypto mid-2017 and haven't cashed out yet do I seriously need to calculate my gains/losses on every transaction from one coin to another for my taxes? Are people actually doing this?
If your country taxes short-term crypto transactions as speculation, then yes? I mean there's at least one website that will take your transaction history exports from various exchanges and calculate that FOR you but you'll have to believe their results.
Interesting observation:
"Chasing fake volume: a crypto-plague"
"Chasing fake volume: a crypto-plague"
https://medium.com/@sylvainartplayribes/chasing-fake-volume-a-crypto-plague-ea1a3c1e0b5e
It was pretty awful, but yeah.
I did a lot of shitty off-the-cuff accounting. If I ever get audited I'll probably gain or lose $100, but it's negligible.
so for the continuation of nucleus vision:
their medium page(https://medium.com/@NucleusVision ) is suspended
refer to this: https://bitcointalk.org/index.php?topic=2461585.0
and
the link redirects to a suspended medium page https://medium.com/suspended
their medium page(https://medium.com/@NucleusVision ) is suspended
refer to this: https://bitcointalk.org/index.php?topic=2461585.0
and
the link redirects to a suspended medium page https://medium.com/suspended
So I sat down and hammered through the taxes and I gotta say that the market being at a high at the end of 2017 and at a low now really blows. I've gotta pay all these taxes on gains that went up in smoke. Geez louise
Prices seem a bit more squirrelly than usual. Gonna keep mining and hodling cause these charts look like a damn EKG.
What are you using to track your transactions? I am currently using a spreadsheet I made and exported transactions from the exchanges and it has been pretty tedious. Just curious if you've found a more streamlined way to keep track?
At least in the USA you don't pay capital gains until you cash out. If you were just holding at the end of 2017 you shouldn't actually have taxes on them right?
I don't have much to add over my last posts in this thread. BTC continues to show weakness, and new buyers do not appear to exist. As BTC goes, so goes the entire crypto market. I continue to be out in fiat as there is too much risk for me right now to be holding anything. Good luck and trade/hold at your own risk.
I'm in Canada, and I use https://www.adjustedcostbase.ca/
I also used tax software, so all I really had to do was enter my capital gains for each currency. No filling out a million forms.
I also used spreadsheets to keep track of exchange transactions as I went. And I double checked with spreadsheets exported from exchanges.
Fire sale on ETH today!
I might buy more, even though I just bought some at $681 the other day. Hmm...
I might buy more, even though I just bought some at $681 the other day. Hmm...
Ripples price never made a lick of sense and wasn't really tied to BTC at all. Eth seems to bounce between 7.5% - 10% of BTC pretty consistently since BTC dropped down from its insane high in December.
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Because I think ETH hitting $1200 again is more likely than BTC hitting $16000 again, but who knows!
Because you can trade the ETH/BTC ratio to make more BTC or ETH. ETH/BTC rose 500% from December 7 to February 1 while people were crying about BTC price dropping.
A lot of people feel that ETH is the most professionally managed currency, with best development support, etc. Basically that ETH will keep climbing and maybe eventually topple BTC.
ETH fell from $659 to $602 GDAX (at present) since this post. BTC from $8.7k to $8055. Could be more to come. We'll see.
Just a heads up, I and other people have had failed logins on our cryptopia accounts. If you use that site, that could mean your email is known. Make sure you have 2FA and extremely strong passwords (or a password manager that generates random passwords) for all your crypto exchanges and accounts.
This also happened like 5 month ago with a lot of accounts on Cryptopia. They also never answered my ticket/question about it.
Arrgghgh. been waiting for it and still hasn't come. Even referred 4 people. Anyone here need a referral?
A re-test of the low in February would mean a double bottom, which typically signals a bullish reversal. That's what I'm hoping for at least, but the market does what it wants. Very hard to predict at the moment.