Official BGOL Crypto Currency Thread ★★★★★

Man there's nothing wrong with that!

I'll take a 1% profit before I take a loss!

Not everything is gonna hit 100%+ y'all got greedy as fuck :lol: Ripple spoiled you.

I remember back in the early days of the thread (before March) we would be happy catching a wave and 20% profits before bailing as the top crashed.

Chasing the top got me fucked up with NXC and I learned a valuable lesson: you will never ever trade at the top, its impossible.

Set a target and be happy with profits.
Spoiled and greedy. But absolutely thankful to all that input into the greatest thread in bgol history.
:cheers:
 
Spoiled and greedy. But absolutely thankful to all that input into the greatest thread in bgol history.
:cheers:
Man I sincerely want each and everyone one of us in this thread to be millionaires, I haven't had an affinity for a group of internet strangers before :lol:

Reading the different success stories here really does have me genuinely happy, that's wild as hell lol
 
Man I sincerely want each and everyone one of us in this thread to be millionaires, I haven't had an affinity for a group of internet strangers before :lol:

Reading the different success stories here really does have me genuinely happy, that's wild as hell lol
Legal one of these days we're going to have to have a conversation on how to pay taxes on coins that we mine.
 
Legal one of these days we're going to have to have a conversation on how to pay taxes on coins that we mine.

If you're mining coins set up an LLC asap and operate it as a small business.

Get an EIN from the IRS, organize your LLC in your state, open a business bank account. If you're operating out of your house write off a portion of electricity and other household expenses as business expenses.

https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidance
 
When did you get in?
QRL?
I fucked up. I knew it would surge then drop some then surge. I was waiting for it to hit below 50 cents. It did when I wasn't looking, I didn't buy and now it's above a buck and won't go down so I fucked up

I fucked up even more because I saw QRL but fucking around with that trash ass digibyte I didn't just say fuck Digibyte and put everything into QRL as soon as I saw it.
so now it's bite the bullet time and just get in cause it's going nowhere but up
 
If you're mining coins set up an LLC asap and operate it as a small business.

Get an EIN from the IRS, organize your LLC in your state, open a business bank account. If you're operating out of your house write off a portion of electricity and other household expenses as business expenses.

https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidance
Thats whats up.

I'm doing the cloud mining option though. I got an account with Genesis. Is an LLC still relevant?
 
Thats whats up.

I'm doing the cloud mining option though. I got an account with Genesis. Is an LLC still relevant?

I'm not familiar with cloud mining but if you make money from it and have expenses at least take the losses on your schedule C as a sole proprietor
 
He talked about it in the forum

"site is waiting for certificate auth from cloudflare, should be back up shortly. i set it to force redirect to ssl."

that shouldn't happen lol
these dudes are making a so called sophisticated beyond comprehension decentralized coin
a website should be child's play
 
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QRL?
I fucked up. I knew it would surge then drop some then surge. I was waiting for it to hit below 50 cents. It did when I wasn't looking, I didn't buy and now it's above a buck and won't go down so I fucked up

I fucked up even more because I saw QRL but fucking around with that trash ass digibyte I didn't just say fuck Digibyte and put everything into QRL as soon as I saw it.
so now it's bite the bullet time and just get in cause it's going nowhere but up

Do you set "Buy Orders"? Not sure exactly but isn't it just when a coin drops to the price you want in it automatically buys at that price? It's the opposite of Stops
 
BTC Markets Will Enable XRP Support In The Next Few Weeks

BTC Markets Will Integrate XRP Shortly
Having more platforms focus on Ripple and the XRP asset is never a bad thing. It goes to show there is a growing demand for the XRP asset on a global basis. Moreover, the addition of XRP support to BTC Markets is good for Ripple as well. The success of the company and its native token are entwined. One cannot succeed without the other.It remains to be seen what kind of an impact BTC Markets can make in this regard, though.

10 Jun
y @fearlessfeather
@BTCMarkets Is there going to be more currencies added.


Follow
BTC Markets @BTCMarkets

@fearlessfeather Yes we are looking to add @Ripple in the next week or so. Stay tuned for the official listing.

11:55 PM - 10 Jun 2017
Twitter Ads info and privacy




The bigger question most people ask themselves is whether or not this will be beneficial for the XRP price. Over the past few weeks, several platforms and companies have enabled support for Ripple’s native token. Unfortunately, this has done no good to the price whatsoever. In fact, one could argue the XRP price has been dropping steadily ever since more platforms added support for the token. Do keep in mind this is the value against Bitcoin, and not its fiat currency value, which seems to hover around 28-29 cents.

That being said, it is not a bad thing to have more platforms pay attention to XRP. It helps spread the circulating supply across many different exchanges and trading platforms. Considering how Ripple wants to decentralize its technology, the same needs to be achieved for its native token. Right now, the majority of trading is occurring on Poloniex, Coinone, and Bithumb. The fourth exchange on the list generates 20% of the volume compared to any of the top three.

In the end, BTC Markets will bring some more positive attention to Ripple and XRP. The native blockchain asset was never designed for speculation, but more as a way to create some price stability. That is bad news for daytraders and people looking for a quick flip, but it is the way things are going right now. Ripple and XRP will have their moment in the spotlight sooner or later, but it is not something to speculate on from a short-term perspective.

Header image courtesy of Shutterstock

http://www.livebitcoinnews.com/btc-markets-will-enable-xrp-support-next-weeks/
LMAO at the comments. Niggaz called it a cursed coin.
 
Do you set "Buy Orders"? Not sure exactly but isn't it just when a coin drops to the price you want in it automatically buys at that price? It's the opposite of Stops

It is, and I do usually but didn't this time that's why I say I fucked up
I didn't trust myself or my instincts and it's really me being mad I was looking for QRL on may 24th and i could've gotten the shit for 8 cents.
at 8 cents I would've put in at least 5k which would be worth 62k in this moment in time over a 2 week span.
that is why im up at 2am talking with my boy about fucking coins.
 
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It is, and I do usually but didn't this time that's why I say I fucked up
I didn't trust myself or my instincts and it's really me being mad I was looking for QRL on may 24th and i could've gotten the shit for 8 cents.
at 8 cents I would've put in at least 5k which would be worth 62k in this moment in time over a 2 week span.
that is why im up at 2am talking with my boy about fucking coins.

damn...hitting up that ICO woulda been gold...I woulda been able to cop 50-100k...shit I'd been happy if I got 10k y-day...I'm praying WGRR jumps off like this

okcash really has me by the balls...I don't wanna pull anymore $$$ out of XRP yet...whales can only raise and drop it so far...bank usage is what'll truly make or break it...I'm wait til sept. before I think about touching anymore XRP
 
damn...hitting up that ICO woulda been gold...I woulda been able to cop 50-100k...shit I'd been happy if I got 10k y-day...I'm praying WGRR jumps off like this

okcash really has me by the balls...I don't wanna pull anymore $$$ out of XRP yet...whales can only raise and drop it so far...bank usage is what'll truly make or break it...I'm wait til sept. before I think about touching anymore XRP

ive forgotten about xrp and lumen don't even look at them
verge is funding the stuff im doing now
 
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that shouldn't happen lol
these dudes are making a so called sophisticated beyond comprehension decentralized coin
a website should be child's play

Lol true. I've setup up SSL for a website of mine and there was no down time whatsoever. But at least he did make a new webesite and it did work for a few hours.
 
QRL?
I fucked up. I knew it would surge then drop some then surge. I was waiting for it to hit below 50 cents. It did when I wasn't looking, I didn't buy and now it's above a buck and won't go down so I fucked up

I fucked up even more because I saw QRL but fucking around with that trash ass digibyte I didn't just say fuck Digibyte and put everything into QRL as soon as I saw it.
so now it's bite the bullet time and just get in cause it's going nowhere but up
Same with me man, except I was fucking with Verge.
 
damn...hitting up that ICO woulda been gold...I woulda been able to cop 50-100k...shit I'd been happy if I got 10k y-day...I'm praying WGRR jumps off like this

okcash really has me by the balls...I don't wanna pull anymore $$$ out of XRP yet...whales can only raise and drop it so far...bank usage is what'll truly make or break it...I'm wait til sept. before I think about touching anymore XRP

You shouldn't touch XRP. There's a believable article I read that has assumed calculations and a realistic expectation of it going up to $0.73 by 2020. This is with no market hype and just the value of the coin itself. I should find it and post it here.
 
You shouldn't touch XRP. There's a believable article I read that has assumed calculations and a realistic expectation of it going up to $0.73 by 2020. This is with no market hype and just the value of the coin itself. I should find it and post it here.

excuse me??????

na lemme stop lol...but if I can't make the $$$ I want by this game by 2020 then I don't need to be playing it...seriously tho I think I can make as much as that if not more on the strength of other coins by next summer...dependent upon how long this bitcoin split upsets the market for...I'd like to read the article tho...post it up if you find it
 
excuse me??????

na lemme stop lol...but if I can't make the $$$ I want by this game by 2020 then I don't need to be playing it...seriously tho I think I can make as much as that if not more on the strength of other coins by next summer...dependent upon how long this bitcoin split upsets the market for...I'd like to read the article tho...post it up if you find it

I'll post it later tonight. Keep in mind it's an estimate based on real world usage in the future. Neither Bitcoin or Ethereum are worth their prices right now. It's all hype.
 
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