Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
I think it is more complicated than that. I say that because I just read an article about BTS going up for no real reason. The article states that news on the coin has been stagnate for awhile now. I think some people out there are at artificially inflating coins at random.
Nope, I feel your pain too!
Would I be a sucker to buy more lol cause that's what I'm contemplating
Going back to my logical thinking hat lol... I believe this as well too.
There's a lot (or Im assuming) "shit" coins out there that doesn't have a "valuable" asset behind it.
Im looking on coincap.io and xvg is rated between #45 and #50 I don't know how that site does it rankings but even when xrp was low (below a penny) it was still top 3 I think.
I suggest you dont panic sell, but its your cash do what you feel...
Yes, not letting go at a loss for sure
Bloodsucking ghouls are blaming shit like lykke for enabling criminals. Folks aren't going to want to hand over ID, tax returns, dna samples, and their first born just to use the fucking app so they said fuck dealing with certain countries. It's just like that other gambling token doesn't fuck with U.S. residents. Wagerr might do the same. This is just from yesterday.
http://www.coindesk.com/bitcoin-experts-to-congress-overseas-exchanges-are-enabling-cybercrime/
Bitcoin and blockchain experts are urging US lawmakers to ramp up pressure on unlicensed offshore exchanges.
Coming yesterday during a hearing held by a subcommittee within the US House of Representatives, the calls followed a notable string of ransomware attacks that have seen consumer data held hostage in exchange for bitcoin payments. The situation has also seen politicians taking a renewed interest in the more negative aspects of cryptocurrency technology in response.
Yet, the core problem, panelists told the committee members, is not in bitcoin purchases, it's that when criminals do use bitcoin or other cryptocurrencies for illicit purposes, they often go through exchanges hosted outside the US.
In statements, panelists sought to portray these businesses as unlicensed, unregulated and unwilling to abide by basic anti-money laundering and know-your-customer regulations, rules that digital currency exchanges in the US and Western Europe must abide by.
This is just from yesterday.
http://www.coindesk.com/bitcoin-experts-to-congress-overseas-exchanges-are-enabling-cybercrime/
Bitcoin and blockchain experts are urging US lawmakers to ramp up pressure on unlicensed offshore exchanges.
Coming yesterday during a hearing held by a subcommittee within the US House of Representatives, the calls followed a notable string of ransomware attacks that have seen consumer data held hostage in exchange for bitcoin payments. The situation has also seen politicians taking a renewed interest in the more negative aspects of cryptocurrency technology in response.
Yet, the core problem, panelists told the committee members, is not in bitcoin purchases, it's that when criminals do use bitcoin or other cryptocurrencies for illicit purposes, they often go through exchanges hosted outside the US.
In statements, panelists sought to portray these businesses as unlicensed, unregulated and unwilling to abide by basic anti-money laundering and know-your-customer regulations, rules that digital currency exchanges in the US and Western Europe must abide by.
Im calling bullshit on this, this new type of investing must have wall street banksters shitting bull bricks...
and I see them pulling strings and being shiesty enough to pull off some crimes and blame cyber terrorist..
if you dont think they got the money, means and grimeyness to pull it off, you dont know wall street...
Still holding too
Yea me too. I actually took my profits from RDD and bout some more while its still cheap. As long as the masses believe that xvg is the next xrp then I believe there will be another run especially if some new news come out about because people already believe in it.
U.S. Lawmakers Ask IRS to Clarify Bitcoin Tax Guidelines
Lester Coleman on 10/06/2017
Lester Coleman on 10/06/2017
"
IRS Urged To Engage Exchanges
Polis and Schweikert also urged the agency to communicate with virtual currency exchanges to gain a better understanding of their ability to report information, such as tracking realized gains or losses and the amounts of currency used in taxable transactions.
Days after the inspector general issued the report on the IRS’ strategy for taxing income related to virtual currencies, the IRS issued a summons to Coinbase to facilitate an investigation into possible tax evasion by users of virtual currencies at any time between January 1, 2013, through December 31, 2015."
IRS Urged To Engage Exchanges
Polis and Schweikert also urged the agency to communicate with virtual currency exchanges to gain a better understanding of their ability to report information, such as tracking realized gains or losses and the amounts of currency used in taxable transactions.
Days after the inspector general issued the report on the IRS’ strategy for taxing income related to virtual currencies, the IRS issued a summons to Coinbase to facilitate an investigation into possible tax evasion by users of virtual currencies at any time between January 1, 2013, through December 31, 2015."
It's the IRS and government doing all this. IRS been threatening folks all over the world so they can find out what U.S. citizens are doing. That's why we have all this 'sorry, you are a U.S. citizen and can't participate' fuckery.
They can go after third-parties that help with supposed money laundering. That's why they are bitching and crying over jurisdiction and trying to steer Americans to places where they can be tracked.
I sold half either wed. or thurs. nite I should've moved some more last nite...profit has been cut from 6k to 3k since y-day afternoon...I can weather the XRP storm but idk about this...may have to let go of it...wonder if space dumped his...I'd be surprised if @LegalMoney didn't
true but corps do so much lobbyin for laws in their favor and tax sheltering the burden of taxes
fall on the masses..
these corps be pimpin all up and down in luxembourg and the cayman islands..
I need to set up a small business in one of those countries...
Biggest % Gain
OkCash (OK)
158.95 BTC
148.2%
OkCash (OK)
158.95 BTC
148.2%
Ok guys I see everyone selling their xvg, Dgb etc... I actually sold the rest of my Dgb and stored it in BTC and ETH waiting for my next move. I feel like I'm panic selling which is something I haven't done since I started this. The last 24hrs really has me looking for a coin outside of BTC, Eth, xrp to invest in heavy.
most of my XVG coins were purchased @ $0.0009, $0.001 and $0.002 so I'm not hurting that much...I just gotta hold strong...I still have 2.5M so I'm not gonna be the dude to sell off and then have that shit bounce back and finally hit $0.01 ...my goal is for it to hit $0.04 and that'd be enough for me to pull out @ least half
chunked that shit right before i went to bed...bought bts...
ya I took some of the XRP I bought back and gonna try and ride a little bit of the BTS wave...just bought about 30k...seems like bitshares and einsteinium are gonna be the hot coins this weekend...of course bittrex is doing maintenance on EMC2 when it catches a little bit of flames lol smh
*edit*
quickly moved BTS and copped close to 50k okcash instead...it's a pretty fast moving train...I just wanna offset some of this bleeding a little...I need to start getting into charts...so that when I can see a coin gaining a little momentum I can perhaps try and predict how long it lasts...I hate catching these waves semi-late...missed @ least one opportunity where I could've doubled some of my $$$ w/ bitshares if I had caught wind of the move it was making earlier on...I'm all over the place...I need to reread and see what program it is @LegalMoney is using to create those charts
Last edited:
I got most of mine and 43 sats and took my 5x and got out. I don't think it's moving up high anytime soon. I really think once everyone started getting in, it was already being set up to dump. The sell walls were crazy the last time I looked.
Last edited:
I set my buy limit too high...
ya it's impossible to find/predict tho...OK will hopefully pad some of the bleeding tho
nope...still good on XVG. im holding too...but im also over on another exchange making changes to the portfolio...added BTS and STRAT. we got to get back to basics brothers. buy and hold.. day trading warps expectations. plus in 3 more weeks i will really be able to put my analytical skills to work. my reach will be farther with more contacts if my plans go through. i met a btc and eth miner at work. he doesnt trade but owns eth and btc. we getting together to compare notes.
I'm going to hold onto my XVG for at least until I see how well they execute their milestones.
XRP is the long game but I sold some to get into some of these ICOs with the intent to buy back my full initial position. Meanwhile I got in on WGR while it was still at $0.05 and I upped my mining power with Genesis. Hell, I woke up this morning with a email from coinbase that my BTC deposit was $250, and I get about $93-118 worth or ETH. At this current rate I'll be earning ~$2400/wk.
XRP is the long game but I sold some to get into some of these ICOs with the intent to buy back my full initial position. Meanwhile I got in on WGR while it was still at $0.05 and I upped my mining power with Genesis. Hell, I woke up this morning with a email from coinbase that my BTC deposit was $250, and I get about $93-118 worth or ETH. At this current rate I'll be earning ~$2400/wk.
ya I'm way out of my element w/ this shit...still wanna learn the ropes a bit tho
I'm going to hold onto my XVG for at least until I see how well they execute their milestones.
XRP is the long game but I sold some to get into some of these ICOs with the intent to buy back my full initial position. Meanwhile I got in on WGR while it was still at $0.05 and I upped my mining power with Genesis. Hell, I woke up this morning with a email from coinbase that my BTC deposit was $250, and I get about $93-118 worth or ETH. At this current rate I'll be earning ~$2400/wk.
From Mining? How much has your electricity bill increased?
Similar threads
