Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
I don’t understand why people can’t get on binance all you need is an email address and that’s it you don’t even have to be verified.. LSN turned me on to binance back in August
Coinbase (get verified) ---> buy Ethereum with credit/debit card ---->transfer ETH to binance (sign up first with email address) ----> buy Tronix
Registration doesn't work on mobile phones...get to a laptop or pc..
Great thread... I wish I had jumped in on it a year ago.
transfer USD to coinbase (purchase ETH) then transfer to gdax then to binance so you don't pay any fees, direct from coinbase to finance will incur small fee. if i understand correctly now with the new tax laws when you exchange your eth to alt coins it will be a taxable event.
Does Gdax not charge any fees at all when sending to another exchange?
same email is fine make sure you enable 2factor auth to protect your account. can use Google Authenticator or Authy. I prefer authy because when you switch phones you can recover your accounts.
He dropped 21k ? That's risky no waybim doimg shit like thatFor those of you who just started. This shit is real. There is still money to be made. Do your research and jump in wisely. Remember to only play with beer money.
Check this dudes come-up
correct, no withdraw fees with gdax, idk why as they are owned by the same company
From what I'm hearing, most people are just going to pay the IRS when they cash out to fiat. Plus, exchanges like binance and kucoin don't even do that kyc bullshit and purposely avoided fiat for that reason. This just means less people are going to use Bitchrex.
China Market Intelligence
Red Pulse (RPX)
$0.389381 USD (10.24%)
Red Pulse (RPX)
$0.389381 USD (10.24%)
idk how the IRS is going to collect for non crypto to fiat transactions, binance is based in china but with FATCA I'm sure they are reporting account info and will provide a 1099 for all your crypto to crypto trades
People need to start thinking outside the box .
Talk to family around the world and open up savings accounts in different parts of the world .
Use exchanges in those countries and transfer your coins to them to cash in fiat in those countries .
Google and Apple do not even have the bulk of their money in America . Think for a minute .
Talk to family around the world and open up savings accounts in different parts of the world .
Use exchanges in those countries and transfer your coins to them to cash in fiat in those countries .
Google and Apple do not even have the bulk of their money in America . Think for a minute .
Some exchanges purposely avoided fiat and the USD. They just ask for your email, like kucoin. Binance has a 2 btc daily withdrawal limit just for emails. Is an email going to get a 1099?
U.S. doesn't consider this money anyway, so what business do they have fucking with foreign exchanges that aren't messing with fiat or USD?
Seems as if the bloodsucking ghouls will have to be satisfied with people reporting when they sell to fiat. They are still getting their cut. Won't even be worth the manpower to try to go after all the people who won't record every single fucking trade. If a person breaks them off the proper taxes on $1 million dollars, they should take it and be happy.
KuCoin is supposedly having server problems. I'm guessing from a lot of people joining to buy KCS and DRAGONCHAIN
This sounds like money laundering territory. No thanks.
Since FATCA it’s hard to straight out launder legit earned money if you’re a US citizen. most trust companies perform KYC. If you know of any let us know
For those of you who just started. This shit is real. There is still money to be made. Do your research and jump in wisely. Remember to only play with beer money.
Check this dudes come-up
This looks made up
Price of ICX On 12/19/2017 was $2
How did he get a “private sale” for $0.11?
Ok I got it
he meant he bought it at the ICO back in September which was at $0.11
I don't believe it is technically on exchanges yet.i think someone mentioned them being on etherdelta, however, you shouldn't buy them from there yet. The Wanchain team supposedly will not honor any tokens that come from there once the main net is launched.if I'm not mistaken currently the tokens now are ERC20, but Wanchain will have their on blockchain and the ERC20 tokens will be replaced.
Kind of off topic: but my bitpay card just came in the mail today. The shit (bitpay walket)charges me $32 to send $100 with normal speed to my bitpay card which is like 15-30 min (I think) .. super economy is like 8% which is the slowest (around 4 hours).
The bitpay card seems like a good strategy to access your bitcoins for use but I thought it work differently. I thought that it was automatically sinked with your bitpay wallet and that the funds on your wallet was on your debit card as well (simultaneously). I didnt know you had to pay outrageous fees to just load the damn card... seems like we may be on the wrong side of this cryptocurrency business lol
The bitpay card seems like a good strategy to access your bitcoins for use but I thought it work differently. I thought that it was automatically sinked with your bitpay wallet and that the funds on your wallet was on your debit card as well (simultaneously). I didnt know you had to pay outrageous fees to just load the damn card... seems like we may be on the wrong side of this cryptocurrency business lol
Eh, I probably got about $11K of my own bread and my portfolio is a litte over $40K right now. If I would've had patience and just HODL'd it would be double that. For the newbies, that's probably hardest lesson. Just go with good picks and stop fucking around with trading and trying sell one for the other. You'll be chasing your tail and your extra profit down the drain. As my man posted a couple pages back. XRP on Jan 1 and held a for a year would've been 34000% gain, LTC 5000%, ETH 9400%. Just fucking HODL!
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dayam everybody wants a piece of yo profits...
so you already have to pay taxes on it, then more fees just to use your own funds...
crazy...
thats the easy way, calculating every single fuckin trade is just fuckin torture....
Im sure when they get a nice size check and see some proof that you are cashing out what you say you are cashing out they wont complain..
but why you callin bittrex bitchrex what are they doing thats bitchy...unless you just mean their sign process by giving them all that info...
but at least you can cash out up to a hundred bitcoins a day...
do you have funds with them?
No doubt I was going to sell my litecoins and get more ripple. Naw. I'll keep for a ya ? At least and ride it out. I got 250 ripple I'll see what it does it's already tripped
I mean if you're happy with your gains and you think your growth potential will be better over the long term with another coin, that's cool, but looking at all the other potential other coins and new coins coming up will have crossed eyed. For 2018 it's make a move and let it sit. If I see some other coin on the come up, I'll use new money on it if the growth potential good for the year. That's most any coin right with this young market so it's hard to lose by HODLing. Hell, I wish I could go back in time and take my own advise on TRX. The 2 million I had a month ago would be $150K right now. That's was my wake up call.
That's the thing nobody knows what will do what it's all luck.I mean if you're happy with your gains and you think your growth potential will be better over the long term with another coin, that's cool, but looking at all the other potential other coins and new coins coming up will have crossed eyed. For 2018 it's make a move and let it sit. If I see some other coin on the come up, I'll use new money on it if the growth potential good for the year. That's most any coin right with this young market so it's hard to lose by HODLing. Hell, I wish I could go back in time and take my own advise on TRX. The 2 million I had a month ago would be $150K right now. That's was my wake up call.
They have been doing people dirty with that draconian verification nonsense. Then they go weeks holding people's funds. They act like they are a fucking fiat gateway. These the same assclowns been holding Gas hostage for months. Only reason I fuck with them is to have as many points of entry and exit as possible.
IMHO, binance is by far the superior platform. Kucoin is about to eat bitchrex. There's literally no reason for a non-fiat exchange to be as intrusive as bittrex. They need to release the funds they holding hostage for all those crypto traders they revoked verification for.
All this KYC bullshit is getting out of hand, especially for Americans.
Ok. I'm going In. Is the binnance avail on mobile app. How much you need to drop?
Aye yall can tip me in KCS if you bought some when i told yall to