Official BGOL Crypto Currency Thread ★★★★★

Walton you punk muthafuckas!!!! :lol:

I8N6j0yvkFeFXVnMhIyND4hdp3xL4N4WcStAOKUFXS8.jpg


smh
 
So I’m considering cashing out here in the next few weeks. For those who have cashed out(paying taxes) what has been there strategy?
 
So I’m considering cashing out here in the next few weeks. For those who have cashed out(paying taxes) what has been there strategy?

Depending on how much it is..

If it's under ten geez I would just send them

15 percent..

Anything over a half a milly I'm hiring a tax lawer.

I wouldn't do that unless he held on to his stash for at least one year without buying and selling otherwise he needs to look at what he normally makes in a year, add the amount he's cashing out and see what tax bracket he's in.

example:
Normal yearly salary $65K (22% tax bracket)
Crypto earnings minus his initial investment $15k
Total annual earnings= $80k(still in the 22% bracket)

If he crosses $82K in annual earnings then he's in the 24% all the way up to $157K.


Long term capital gains for most of us would be 15%, but in reality income for most of us would be taxed at 24% max(up to $157K) Unless he's cashing out a crazy bag, I'd say just stick to the brackets or again if he made an initial investment and just let it sit for a whole year(I doubt it).
 
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I wouldn't do that unless he held on to his stash for at least one year without buying and selling otherwise he needs to look at what he normally makes in a year, add the amount he's cashing out and see what tax bracket he's in.

example:
Normal yearly salary $65K (22% tax bracket)
Crypto earnings minus his initial investment $15k
Total annual earnings= $80k(still in the 22% bracket)

If he crosses $82K in annual earnings then he's in the 24% all the way up to $157K.


Long term capital gains for most of us would be 15%, but in reality income for most of us would be taxed at 24% max(up to $157K) Unless he's cashing out a crazy bag, I'd say just stick to the brackets or again if he made an initial investment and just let it sit for a whole year(I doubt it).
Depending on how much it is..

If it's under ten geez I would just send them

15 percent..

Anything over a half a milly I'm hiring a tax lawer.

Thanks for your input and ideas fellas
 

https://techcrunch.com/2018/02/23/l...-apps-for-its-cryptocurrency-hardware-wallet/
Ledger is working on new native apps for its cryptocurrency hardware wallet


mockup2.png



French startup Ledger is making some of the most secure cryptocurrency hardware wallets out there. But the company’s apps aren’t that great. That’s why the company announced that Ledger has been working on brand new native apps for all desktop and mobile platforms.
Right now, Ledger relies on Google Chrome for its desktop apps. At some point, Google wanted to promote web apps and give them access to special APIs with Google Chrome Apps. The company has been phasing out those apps for a year or so.
And it’s great news for Ledger users as those apps weren’t that great. You had to install multiple apps to manage multiple cryptocurrencies.


If you wanted to check your Ethereum balance after your Bitcoin balance, you had to quit the Chrome app and launch another one. Those apps also don’t feel native. They get the job done, but the rise of altcoins have been problematic for those apps.
Ledger shared parts of its roadmap on the software front. First, there will be a new desktop app for macOS, Windows and Linux. It’s going to be native and independent from Chrome, and it’s going to work with 23 cryptocurrencies from day one.
Many intense cryptocurrency users have multiple Ledger wallets. That’s why you’ll be able to manage multiple wallets at once in the app.


If you’re not using a portfolio tracker, you’ll be able to use the Ledger app as a dashboard to view the value of your portfolio even when you don’t plug your wallets. All of this is coming out at some point during the second quarter of 2018.
After that, the company is going to focus on other features, such as Android and iOS apps, an automated way to install and uninstall apps on your Ledger Nano S so that you’re not limited to five cryptocurrencies, third-party integrations so that you can buy and sell cryptocurrencies on exchanges from the Ledger app and support for over a hundred cryptocurrencies.
It seems like Ledger spent most of 2017 focusing on scaling production. But 2018 is all about new features.
 
Fellas, the Neon Exchange (NEX) ICO starts on March 12. As of right now, they're planning on making this available to everyone. Even US citizens.

https://neonexchange.org/token_sale_info/index.html.

If you're looking for an ICO to get into this year, this is the one you need to get into. They're building a decentralized exchange based on the NEO blockchain. The team behind this is City of Zion. They are a highly-competent, well-connected, already-proven team. NEO already has one of the fastest platforms (compared to the top coins) with 1,000 TPS, and they're looking to get to 100,000 TPS by 2020. The ICO is going to get filled up quick so make note of the dates from the link above and be sure to register when the time comes. Also, don't spread this outside BGOL because you don't want everyone and their momma trying to sign up come March 12. Maybe tell some close friends about it, but that's it. There's enough information on the developers online so you can do your own research before you invest.
 
Fellas, the Neon Exchange (NEX) ICO starts on March 12. As of right now, they're planning on making this available to everyone. Even US citizens.

https://neonexchange.org/token_sale_info/index.html.

If you're looking for an ICO to get into this year, this is the one you need to get into. They're building a decentralized exchange based on the NEO blockchain. The team behind this is City of Zion. They are a highly-competent, well-connected, already-proven team. NEO already has one of the fastest platforms (compared to the top coins) with 1,000 TPS, and they're looking to get to 100,000 TPS by 2020. The ICO is going to get filled up quick so make note of the dates from the link above and be sure to register when the time comes. Also, don't spread this outside BGOL because you don't want everyone and their momma trying to sign up come March 12. Maybe tell some close friends about it, but that's it. There's enough information on the developers online so you can do your own research before you invest.
I thought they were doing a lottery and US citizens weren’t allowed...
I posted a interview a week ago from one of their team members about US citizens



Found it

NEX Co-Founder Fabio Canesin chats with BCB about NEX: the weapon for decentralised trade

 
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This rejecting US Citizens is annoying.
I wanted to get into minerone and before u can buy u have to say u are not a us citizen or got any ties to the US.
 
https://techcrunch.com/2018/02/23/l...-apps-for-its-cryptocurrency-hardware-wallet/
Ledger is working on new native apps for its cryptocurrency hardware wallet


mockup2.png



French startup Ledger is making some of the most secure cryptocurrency hardware wallets out there. But the company’s apps aren’t that great. That’s why the company announced that Ledger has been working on brand new native apps for all desktop and mobile platforms.
Right now, Ledger relies on Google Chrome for its desktop apps. At some point, Google wanted to promote web apps and give them access to special APIs with Google Chrome Apps. The company has been phasing out those apps for a year or so.
And it’s great news for Ledger users as those apps weren’t that great. You had to install multiple apps to manage multiple cryptocurrencies.


If you wanted to check your Ethereum balance after your Bitcoin balance, you had to quit the Chrome app and launch another one. Those apps also don’t feel native. They get the job done, but the rise of altcoins have been problematic for those apps.
Ledger shared parts of its roadmap on the software front. First, there will be a new desktop app for macOS, Windows and Linux. It’s going to be native and independent from Chrome, and it’s going to work with 23 cryptocurrencies from day one.
Many intense cryptocurrency users have multiple Ledger wallets. That’s why you’ll be able to manage multiple wallets at once in the app.


If you’re not using a portfolio tracker, you’ll be able to use the Ledger app as a dashboard to view the value of your portfolio even when you don’t plug your wallets. All of this is coming out at some point during the second quarter of 2018.
After that, the company is going to focus on other features, such as Android and iOS apps, an automated way to install and uninstall apps on your Ledger Nano S so that you’re not limited to five cryptocurrencies, third-party integrations so that you can buy and sell cryptocurrencies on exchanges from the Ledger app and support for over a hundred cryptocurrencies.
It seems like Ledger spent most of 2017 focusing on scaling production. But 2018 is all about new features.

Yeah I saw their email about this, I'm waiting for people to beta test it before I dive in. Lol.


Is it safe to buy this from Amazon?

From that link, and only that link, I would. It's apparently the real seller.

Yep, as long as the third party seller is them and no else you should be good.
 
Also, don't spread this outside BGOL because you don't want everyone and their momma trying to sign up come March 12. Maybe tell some close friends about it, but that's it.

ICOs are rarely a secret...esp. one of this magnitude...they already have close to 50k followers on twitter...surprised they don’t have a telegram chat...that being said yes it does pay to register early
 
I thought they were doing a lottery and US citizens weren’t allowed...
I posted a interview a week ago from one of their team members about US citizens



Found it
Odd. Where do they talk about the US citizen part?
They had posted on their Telegram that they had no restrictions on who would be allowed to participate.

 
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thanks man...I’m lacking!

it’s a relatively small group too :yes:

It’s not official lsn



..btw watch the interview that was posted with block chain brad


Reinforcing:

  • There is absolutely no way someone from NEX will ever contact a person offering a special deal;
  • You will never be asked to send funds to a wallet address on behalf of NEX or a team member;
  • NEX does not have an official Telegram group;
  • There is no pre-sale, no discounts and no bonuses;
  • Report phishing websites on Google and scammers on Twitter;
  • Pay attention to URLs, check spelling and look in official channels to confirm the information.
We seek to convey information in advance, so that people do not need to rush just to meet deadlines. Rushing often leads to mistakes.

Stay safe.


 
  • Like
Reactions: LSN

It’s not official lsn



..btw watch the interview that was posted with block chain brad


Reinforcing:

  • There is absolutely no way someone from NEX will ever contact a person offering a special deal;
  • You will never be asked to send funds to a wallet address on behalf of NEX or a team member;
  • NEX does not have an official Telegram group;
  • There is no pre-sale, no discounts and no bonuses;
  • Report phishing websites on Google and scammers on Twitter;
  • Pay attention to URLs, check spelling and look in official channels to confirm the information.
We seek to convey information in advance, so that people do not need to rush just to meet deadlines. Rushing often leads to mistakes.

Stay safe.




thanks for the heads up!
 
North Korea Obtained 11,000 bitcoins in 2017, Expert Says
Mar 2, 2018

Security

North Korea may have made over $200 million USD from cryptocurrency transactions last year, according to a former NSA official. DPRK is believed to have obtained at least 11,000 bitcoins through mining or hacking in 2017. Pyongyang continues to exploit the benefits of using cryptos and the cyber security weaknesses of its adversaries, recent reports suggest.


$200 Million Stashed in Bitcoin
Struggling to overcome effects from international political isolation and economic sanctions, the Democratic People’s Republic of Korea has been turning to cryptocurrency in recent years. Multiple reports have indicated that Pyongyang is actively engaged in attempts to acquire cryptos through any means possible.
shutterstock_714687940_1000-261x300.jpg


The North has obtained at least 11,000 bitcoins last year, according to a former NSA official, quoted by Radio Free Asia. Priscilla Moriuchi, who has been in charge of cyber security in the Asia-Pacific region at the U.S. National Security Agency, believes the cryptocurrency has been acquired through mining or hacking in 2017.

The value of the stashed coins is estimated at $210 million USD, as of December last year, when the price of bitcoin was at its peak, Moriuchi said. She is currently working at the U.S. based cyber threat intelligence provider Recorded Future. If the hermit state’s regime still had the bitcoins in January, their value would have been around $120 million, the South Korean Yonhap news agency reported.

Taking Advantage of Cryptos and Weaknesses
North Korea has been trying to benefit from the opportunities cryptocurrencies offer, in terms of freedom and anonymity of transactions. The international financial system is largely unavailable to Pyongyang, as its access is severely limited. Multilateral sanctions over its nuclear and missile programs have been imposed. North Korean interest in cryptos has been confirmed by reports indicating that Pyongyang University is offering courses on cryptocurrencies. The Alma Mater is considered to be the breeding ground for North Korean hackers.

DPRK has reportedly made multiple attempts to exploit cyber security weaknesses in the crypto ecosphere of its enemies. Mining malware infections and ransomware attacks have been blamed on North Koreans. Last year hackers from the notorious Lazarus Group, believed to be linked to the communist state, were implicated in attacks on South Korean cryptocurrency exchanges.

shutterstock_638700691_1000.jpg


According to the South Korean intelligence agency, the North is involved in the hack of Bithumb, the country’s largest cryptocurrency exchange. Personal data of more than 30,000 of its users was stolen by hackers. Authorities in the Republic of Korea have fined Bithumb’s operator for leaking private information. Cryptos worth billions of won were stolen by DPRK hackers last year, the National Intelligence Service said.

A report by Recorded Future claimed that North Korean government actors, including the Lazarus Group, continued to target South Korean exchanges and their users in late 2017. South Korean intelligence has informed lawmakers during a parliamentary hearing in Seoul that the North has never stopped trying to hack crypto exchanges in the country. The assessment came in a period of relative warming of relations on the Korean peninsula, which recently hosted the Winter Olympic Games in Pyeongchang.

Do you think North Korea will continue to exploit the benefits of using cryptocurrencies and the cyber security weaknesses of its adversaries? Share your thoughts in the comments section below.
 
This rejecting US Citizens is annoying.
I wanted to get into minerone and before u can buy u have to say u are not a us citizen or got any ties to the US.
You'd have to be batshit crazy to fuck with U.S. citizens. SEC sending subs to companies doing ICOs. To their lawyers. Fuck that. Why get these bloodsucking ghouls in your business? It's to the point they don't even want 'accredited' investors because one American means these fucks can stick their nose into your business.

Basically, NO U.S. CITIZENS =:thefinger: SEC. Cocksuckers don't even have official rules but fucking with people. What if businesses are buying a utility token to get in front of the competition? That's why syncfab doesn't discuss pricing, exchanges, or anything like that and markets to manufacturers OR ASPIRING ones.

Like I said before, folks going to be going through their maids, landscapers, and roofers to get in via Mexico. Never heard of an ICO banning Mexicans. It's going to be the new hustle.
 

It’s not official lsn



..btw watch the interview that was posted with block chain brad


Reinforcing:

  • There is absolutely no way someone from NEX will ever contact a person offering a special deal;
  • You will never be asked to send funds to a wallet address on behalf of NEX or a team member;
  • NEX does not have an official Telegram group;
  • There is no pre-sale, no discounts and no bonuses;
  • Report phishing websites on Google and scammers on Twitter;
  • Pay attention to URLs, check spelling and look in official channels to confirm the information.
We seek to convey information in advance, so that people do not need to rush just to meet deadlines. Rushing often leads to mistakes.

Stay safe.




Good info to know for potential scams. But the cofounder of NEX, Canesin, is still part of that unofficial Telegram channel. That's where he mentioned that there are no restrictions on who could participate in the ICO.
 
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Fellas, the Neon Exchange (NEX) ICO starts on March 12. As of right now, they're planning on making this available to everyone. Even US citizens.

https://neonexchange.org/token_sale_info/index.html.

If you're looking for an ICO to get into this year, this is the one you need to get into. They're building a decentralized exchange based on the NEO blockchain. The team behind this is City of Zion. They are a highly-competent, well-connected, already-proven team. NEO already has one of the fastest platforms (compared to the top coins) with 1,000 TPS, and they're looking to get to 100,000 TPS by 2020. The ICO is going to get filled up quick so make note of the dates from the link above and be sure to register when the time comes. Also, don't spread this outside BGOL because you don't want everyone and their momma trying to sign up come March 12. Maybe tell some close friends about it, but that's it. There's enough information on the developers online so you can do your own research before you invest.
So if I’m reading their website correctly, you’ll only be able to purchase tokens if you get selected as a lottery winner?
 
So if I’m reading their website correctly, you’ll only be able to purchase tokens if you get selected as a lottery winner?
Correct. That solves the problem of everyone trying to purchase tokens at the same time and flooding the system. If you don't get picked the first time, you can get picked on the second round and so forth until the sale is over.
 
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