dude you have to get going before you miss the train, I had a similar experience im just 16 and I convinced my parents to let me all in into crypto, so I knew that if I put everything into BTC I would profit in the long run but to double my money btc had to double so I started investigating and I found Ark and it convinced me so I went all in with my life savings 8 million Colombian pesos that bought me 10k ark and just see how much it's trading for right now  my recommendation is for you to try to find a new project that looks promising and go all in, try to find projects that have less than 10 million-dollar market cap so that you could potentially 10x your money, good luck! So you recommend swapping one suicidal trade for another? It's great that it worked out for you. It's also extremely easy in retrospect. |
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As far as i know there's nothing like the money transmitter regs as in the US.
Coinfloor registered voluntarily as some sort of foreign exchange bureau i think.
If you use your bank and they find out they'll shut your account. If it isn't because you're using it for business, which is usually the reason, it'll be because of bitcoin.
The tax is your trading profit just like everything else. It'll be income rather than capital gains.
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I've never traded seriously because i know emotions will nail me.
There are crypto opportunities outside of trading. Check out the airdrops, sell some of your old crap and convert the proceeds, rank up and join a sig campaign.
Most people never cut it as a trader. That's because they're normal.
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can You advise me what to do now?
No. |
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Yes, it is better to not discard your private keys even after spend all the Bitcoins you have on such address. You may receive other payments there, so that the money could be then stolen...
Hmm. That's a very good point too. I've seen quite a few people either copy and pasting an old address, or services sending to an old address. That would be an exceedingly stupid way to lose your money when it's so easily guarded against. |
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Coinbase do it. I can't really imagine there's any conceivable reason to use anyone else for that. It's prime scammy territory wherever you look. It's withdrawal only with Coinbase.
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already, Core is pulling out of the 2X NYA agreement, which puts the main chain at even greater risk if miners AND business switch to BCH in Oct/November
At no point throughout was Core ever 'in' the NYA agreement. There are many of their tactics that I don't like, but if BCH 'wins' I'm done with Bitcoin. On another note that dotcom bubble figure hasn't been adjusted for inflation. There's been 17 years of outrageous monetary debasement since. |
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I hope not. I'm changing my phone number every few weeks at the moment. I have countless enemies who must be avoided.
Considering all the tales we hear about how easy it is to game mobile phone companies to reroute sims, it's not something I'm going to be entrusting any money to.
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When the wallet is empty, you can discard them with no remorse. Do in the future someone will launch a coin such airdrop to all addresses.... meh, directory.io
If you can find yourself on directory.io it's safe to say that you won't have any coins or any forktastic windfalls either to play with. I don't get this attitude. You might need to prove a chain of custody some day. It's no hassle to keep the private keys. |
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I personally think the golden age for premiums on physical bitcoins is over.
Holders will keep their ask prices steady because they don't want to write up a loss, but you're fucking bananas if you think, e.g., that anyone is going to pay 16 btc for a 10 these days. Seriously, a $24,000 premium for a privately minted round? Get outta here. The only people with that amount of coin to burn are old hodlers, and they've already finished their collecting.
Well, there are less than 500 10 BTC coins, but outside of the usual places interest in them doesn't seem to be heating up. Perhaps it'll be a slow burn, but equally prices may be considerably higher by then too. A couple I bought had modest premiums but I discarded them in my mind anyway. |
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That's impressively bonkers.
I remember sniffing around the usual newspaper sites years ago and it was pretty much the only day not available. Even then I was surprised that something relatively obscure at the time was all gobbled up.
The Times should reprint on the sly.
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In this particular case it doesn't matter, but it is extremely sensible to hang on to them.
At some point in the future you may need to prove you had control over those coins at that point to please the tax man or whatever. The only way you can prove it is with those private keys.
I've dug out all of the ones I could possibly find and they're stored away in a history file.
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Since BCH was explicitly created to dispose of Core, do you think they'd be welcome if they came a knocking? I rather doubt it.
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Well if it was one of r0ach's imagined enemies, quite a lot of people could be on that list. In fact anyone who's not a caucasian, right-wing, cis-gendered heterosexual male. That's like 95% of the population!
It was his dear old mum in one last attempt to get him off the sofa and start playing with his friends outside again. I'll bet she freshly laundered his Skeletor costume too. Ah well. |
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He clearly came out in favour of BCH a while back so I assume any subsequent comments about 'Bitcoin' regard that. https://cointelegraph.com/news/mcafee-stakes-his-name-10-mln-on-bitcoin-split'However, the security expert later clarified in a series of tweets after much questioning that he was referring to the proposed fork of the top digital currency by a group seen to be championed by Jihan Wu. That is, as a respondent puts it, McAfee’s initial $500,000 prediction was not for Bitcoin but “a new altcoin that you and Jihan will mine?” to which he responded: “Jihan and thousands of others. THE Bitcoin. Please... count the f**king votes!!”' Which makes the $500,000 prediction even more ludicrous than before. |
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None of this has the slightest relevance for Bitcoin mining so it's of little interest to me at least.
I wonder how gamers feel about being denied the cards they want. I've seen threads in other forums cursing alt miners for eating all the supply.
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It's been a waste of time for many years. Now it's a flat out insult.
If you want to earn a pittance then you're far better off with even the lowliest signature campaign.
It's mind boggling that it's still a thing.
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Internet currencies were planned and mooted all the way from the 1980s. Read up on David Chaum and Digicash. Bitcoin's an amalgamation of the ideas of many different people. It's kind of odd that it wasn't picked up immediately by the people in the know as it's something they all worked towards for so long.
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Dude, don’t peel them. I’ll do you the favor (for a small fee of course) and deliver them in person at ANACS. I live in Colorado Springs and its about an hour drive north for me. I just dropped one off mine last week and it’s getting graded now.
You’ll regret it in the near future if you cash them in!!!
That's a very kind offer. I'd still have to get them across the Atlantic though. May as well restore a Concorde and fly it over. Clear a highway for me. I've no plans to sell, but the actual options for secure sales get hairier as the values rise. The idea of meeting in an airport is a valid one. Because we're all too cheap to own 25 BTC coins?
'Cos they look like a dictator's self awarded medal? Just a personal opinion. |
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Word around the campfire is Roger "nuttier than squirrel poo" Ver was up until very recently blowing half a million a month on this probably ill-conceived venture. But this is all Korea now. They're eating it up. Success?
Koreans would pump a mound of decomposed puppies it seems.
it's a perfect balance of "forces" ...
It is not. The same diagram is needed but for ASIC manufacturers. It's a perfect balance of Bitmain proxies. I like how Mr. Wu's arithmetic has improved over time. |
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