Sold on Polo then sent BTC to Coinbase .
Took about two weeks to get everything to Coinbase.
Haven't sent to bank its in my USD wallet. May use tether
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Sold on Polo then sent BTC to Coinbase .
Took about two weeks to get everything to Coinbase.
Haven't sent to bank its in my USD wallet. May use tether
Thanks for this. I learned Eilliot Wave theory yesterday. Using this plus the Bollinger Band you'll know when to buy or sell a particular stock/ coin. The stock market isn't predictable, but human behavior is predictable.
No problem, was it easy to understand? Sometimes I tend to be wordy lol
This board is something else. Y'all got me out here feeling like McNulty.
If what Mr. Wycoff said is true then I have no problem with him. He helped us out.
Yeah it was. I think everyone will get it. It's easier to understand than the stockcharts explanantion.
I'm with you. I never felt "scammed". I just thought it was funny. Seemed like, after all that talk, people got scared to even ask a question.
Throw some BTC on your nano wallet also and convert some to tether also
I mean its before 9am EST I don't think everyone is awake or ready to contribute yet, but let's keep it a buck there is every reason to be skeptical of motives, particularly in this market.
I don't think the issue is people feeling scammed more so whether their was intent to profit off of the feverish greed and emotions novice investors experience during a bull market.
Like the market cycle constantly demonstrates, if you base your decisions off greed you'll eventually get burned and become a bag holder.
And then the cultural aspect, as a Black man I can't see myself directly profiting off my people. Even if folk have to take responsibility for their actions, I would hate to be another entity profiting off people already disenfranchised and taken advantage of on a global level due to white supremacy.
That's why Bitcoin on a thematic level is liberating, a currency free of government influence truly run by the people.
I always preached that becoming a millionaire is cool but anything you squeeze out of this market use it to free our people from existing constraints that prohibit our collective advancement.
I'm planning on using $10k to invest in a black owned start up with very favorable repayment terms. That's how I move.
My point is, fuck banks.
My only complaint is why the hell did Mr Wycliffe put Google's name in the original title (and leave it there for so long)
Because that made me not take this thread serious in the first place
I knew Google was only in the angel round for ripple and each time I saw that title I just felt this must be a crazy discussion
Wheb it became a sticky I eventually got FOMO and dropped some $$$ and I'm happy I did
Because that made me not take this thread serious in the first place
I knew Google was only in the angel round for ripple and each time I saw that title I just felt this must be a crazy discussion
Wheb it became a sticky I eventually got FOMO and dropped some $$$ and I'm happy I did
I'm not trying to be a fear monger but you might want to think of cashing the USD in your coinbase out to your bank account ASAP. In two States , Wyoming and Hawaii, this week coinbase was shut down and the money held in those accounts cannot be accessed.
The worst part is that there is no plans short term plans so far of bringing coinbase back up in those States. The government is starting to catch on to this shit and they don't like people making money outside of their bullshit , broke ass pay check to pay check for the rest of your life, system. Just a heads up
Yea I wouldn't leave any Cost on Coinbase. Can't you just leave it in your Paypal account?
Did anyone get in on BAT while it was low?
PayPal is already integrated into the "system" and is a complaint with every government reporting policy.
So if I transfer to PayPal I for sure know that the government will receive info about the deposit.
Coinbase is a quasi entity because it's a third party settlement service, meaning that the fees you pay are for their service of dealing with BTC LTC and ETH.
They already stated that the only info they provide the government is a 1099-k if you have more than 200k inbound transactions and more than $20k total processed.
So my option is to wait it out in CB until I devise a plan.
So if I transfer to PayPal I for sure know that the government will receive info about the deposit.
Coinbase is a quasi entity because it's a third party settlement service, meaning that the fees you pay are for their service of dealing with BTC LTC and ETH.
They already stated that the only info they provide the government is a 1099-k if you have more than 200k inbound transactions and more than $20k total processed.
So my option is to wait it out in CB until I devise a plan.
What does Paypal provide besides a 1099-k???
I'm not into Coinbase crashing like that when it's a red day and everybody trying to buy.
I did. Didn't buy much because I was skeptical of liqui at the time, still am. I just sold what I had because I have a problem with any coin over 1billion in supply
They operate more like a bank and provide the same notices when accounts receive more than $10k a month.
Is it that you just don't want to pay 30% taxes on your cash? Not trying to get all into your business but, I planned on cashing out through Coinbase or Kraken and just paying the tax hit. Is it not that simple?
It is that simple if you want to include the profits into your 2017 gross income, but from a tax planning perspective if you organize a cryptocurrency business and contribute capital into the business then there maybe tax benefits that you can avail yourself.
Its a matter of tax planning.
I'm not worried about paying the tax, but I have to make sure the tax planning is completed and I haven't had the time to get to that.
I already organized an entity for a family trust with crypto that I manage and it takes a long time to make sure everything is properly set up.
Whenever you come out with that book...I want a signed copy
I did....I gave the board a heads up the other day
While we're on the subject of taxes...
Illinois Releases Digital Currency Regulatory Guidelines
Josiah Wilmoth on 16/06/2017
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The Illinois Department of Financial and Professional Regulation has issued a 9-page reportexpressing its interpretation of how the Illinois’ Transmitters of Money Act (TOMA) applies to digital currencies. Most notably, the Department declined to classify cryptocurrency as money and decided that most digital currency transactions fall outside of the purview of TOMA unless they involve a third-party intermediary.
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Illinois Releases Digital Currency Regulatory Guidelines
Josiah Wilmoth on 16/06/2017
Advertisement:
TwitterLinkedinFacebookRedditWeibo
The Illinois Department of Financial and Professional Regulation has issued a 9-page reportexpressing its interpretation of how the Illinois’ Transmitters of Money Act (TOMA) applies to digital currencies. Most notably, the Department declined to classify cryptocurrency as money and decided that most digital currency transactions fall outside of the purview of TOMA unless they involve a third-party intermediary.
Read more
Biggest % Gain
Legends (LGD)
187.3%
wtf man
Legends (LGD)
187.3%
wtf man
Humaniq expected to hit 4-5$.
GRC is a great value coin right now imo. (buy now. Target is 5000)
GRC is a great value coin right now imo. (buy now. Target is 5000)
It's official. yobit.net sucks.
I finally managed to sell the INSANE coin for bitcoin after it hit a second pump yesterday morning. It's been over 24hours and the order still isn't filled even though it contained less than $10 worth of crypto.
The pump rumors on the chat are pretty damn accurate and if you pay attention you can easily come up, but what's the point if you can't buy and sell coins at the right times?
Can someone please recommend an exchange that doesn't do this, or at least isn't as awful?
I finally managed to sell the INSANE coin for bitcoin after it hit a second pump yesterday morning. It's been over 24hours and the order still isn't filled even though it contained less than $10 worth of crypto.
The pump rumors on the chat are pretty damn accurate and if you pay attention you can easily come up, but what's the point if you can't buy and sell coins at the right times?
Can someone please recommend an exchange that doesn't do this, or at least isn't as awful?
pure speculation or some substantial reasoning behind it?
In a nutshell, crypto is decentralized and anti establishment. XRP was built for banks.
Don't get me wrong, I'll take money however I can get it, but the more I learned, I just moved past XRP.
There are a few other factors that soured me on it, but mostly just grew into the culture.
What talk? I see the most coincidental amount of events in the history of history. I ain't one for backpaging a muthafucka but iunno
It's always been a long term hold to me but dude talking like it's gonna hit $4-5 soon
He didn't say that. He just gave his price.It's always been a long term hold to me but dude talking like it's gonna hit $4-5 soon
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