I got the same message. If it helps protect their fiat onramp, I’m ok with it. Investment suggests long term holding rather than trading so it’s not disadvantageous from a tax perspective. It’s actually a really good idea.
At least bitstamp has a bank. Bitfinex was struggling to do business with the banks for a while. |
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I would trust 0 confirms for small every day microtransactions like groceries. Worse case if someone manages to pull off a sophisticated double spend attack while standing at the checkout line, then the merchant can put that person on a crypto blacklist and mail them a bill
With RBF it can be made trivial. Don't trust 0-confirms for anything you wouldn't trust a scribbled IOU for. +1 Don't trust 0-confirms unless someone invents some new sytem to make it safe. I had to tell a number of people their transaction had been double spent while helping people confirm stuck transactions last year. Explaining it was too late to retrieve their coins was an unpleasant experience. This is one example. |
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dalek, hands down
exterminate some bitches
Cyberman for me.  |
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..I'm all for just simply merging with AI as this will make the AI threat irrelevant by "upgrading" humans.
If you had to choose between being "upgraded" into a cyberman or a dalek which you rather be?   |
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The first thing I do with any new laptop is remove anything mcafee.
The first thing I do with any new laptop is replace the HDD with an SSD (or add an M.2 PCIe NVMe SSD) and do a clean install of Win7. Yes, McAfee is malware (John M sold the company decades ago and said he'd never install it on any of his own machines) but it's small potatoes compared to Win8 or Win10. When the operating system itself is PRISM-based malware, bloatware is the least of your worries. Be very careful what OS updates you allow. Why is Win7 safer than Win8? |
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Also, he somehow managed to go from >100m to 4m during the financial crisis, which makes his calls... questionable.
His calls are total shit. Doge crashed ever since he made it his coin of the week on 8 Jan. Shorting his coin of the week will make you rich. Taking his advice will make you rekt. Yeah I was watching his calls to see if there were any predictable patterns. But I ended up too lazy to accumulate random shit just to short his calls and sticked with my usual strategy instead. Still waiting to see how the ICOs he endorses turn out in the future. As far as I'm aware he takes a ~30% cut of the raised funds plus another 30% of the tokens for his shilling, and with those numbers I wouldn't expect too much due diligence on his part. You guys missed the memo! McAfee's account was hacked. He says he NEVER does the Coin of the Week. I would say that too after such a colossal failure. Initially he was inviting people to hack him, then he "got hacked briefly and regained access" and now it's him never having done any calls? How convenient after nothing took off. Why's the doge tweet not been deleted if he "got hacked" and has now regained control of his account? https://twitter.com/officialmcafee/status/950367832642113538?lang=eneditAccording to rt he does do a coin of the week. He stopped doing a coin of the day just before the "hack" and swapped to doing a coin of the week. https://www.rt.com/news/414497-mcafee-twitter-hacked-cryptocurrency/Cryptocurrency enthusiast and cybersecurity pioneer John McAfee claims that his Twitter account was compromised by an unknown offender who fraudulently promoted “undervalued” digital coins to his thousands of followers.
The now deleted tweets imitated his ‘coin of the day’ posts, which the cyber security expert stopped posting a few days ago, indicating instead that he will write each Monday on a “coin of the week.” |
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Also, he somehow managed to go from >100m to 4m during the financial crisis, which makes his calls... questionable.
His calls are total shit. Doge crashed ever since he made it his coin of the week on 8 Jan. Shorting his coin of the week will make you rich. Taking his advice will make you rekt. Such wisdommuch reward  |
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There was a blip a few days ago if I remember correctly. The fastest fee suddenly shot up, then quickly went back down again. I thought it must be due to a long gap between blocks, but now I'm wondering if someone was doing a rogering test run. |
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Someone please save this thread. its one of the few I live in.
Such a shame its over run by idiots and irrelevance.
Is cat food relevant to TA? I tried catfood once, hadn't really made my mind up yet when I suddenly got thrown out of the zoo.
Fishy as I recall.
Go go gadget bitcoin!
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Wall Observer A free service brought to you by the bitcoin community( if your post is not at all TA it will be deleted ) Posting guild lines: Please lets keep this thread clean. ( I will be removing any off topic posts ) Do not post random comments on this threadthis thread is now a self-moderated topic. I will try and keep this thread clean, with only facts, current trends, past price movements, depth charts, etc. the rules of this thread is an attempt to keep this thread from having +1000 post when price is doing big moves, and instead relay important indicators during critical moments. also when the market is more calm we can expect to see wall posts and TA price charts, back to back without any relevant chatting, making easier to analyze. there are other threads where speculators can discuss their sentiment, just not here... I'm looking for quality charts or good TA bearish or bullish. just don't be posting about your "FEELINGS" and you won't get delete.   Yes, here's an example of the kind of good quality TA we should strive to match. There's no sign of any forbidden "FEELINGS" in it. yeehaw
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The sender has to pay if the transfer value exceeds 14000 per year to an individual. However, if in the event, the sender doesn't pay, then the IRS looks to the recipient to pay.
Can you explain this ? Taxes for property are payable on a taxable event. Normally receipt of property is not a taxable event. The person disposing of the property has a taxable event for fair market value of the property at the time of disposal. But that has nothing to do with the recipient. wouldnt a taxable event only happen when the btc is sold/traded? if so just never spend it. xfer that unwanted btc to a separate wallet/address and never touch it again. have to use a wallet with coin control or something to get it right maybe. I don't think anyone is sure if it's a taxable event or not. The same seems to apply to any Bitcoin cash you got from the fork. https://www.coindesk.com/irs-get-cut-bitcoin-cash/To summarize, under current law it is not at all clear whether a hard fork constitutes a taxable event.
Even if one takes a conservative approach that it does, it is not clear what is the amount realized, namely, the amount that taxpayers must report in income.
Given that several hard forks happened in 2017, it is absolutely imperative that the IRS issue guidance soon on the tax treatment of hard forks. |
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Sub 6 is still highly likely. Its just a matter of if we're distracted by this huge multi-month bulltrap first like in 2014.
I doubt it would have crashed at this time of the year in 2014 if China hadn't banned Bitcoin for the first time. The first time it made waves, but they banned it too many tines now for anyone to give a shit. The first China Ban was in late 2013. What does todays action have to do with China? China banned its banks from handling transactions involving Bitcoin in 2013, but it didn't entirely ban Bitcoin. There was a rumor China would entirely ban all Bitcoin transactions by 15th April 2014. That crashed the price about this time of year back in 2014. Without that "ban" I doubt the price would have crashed around Easter. Just because the price crashed in Easter 2014 doesn't mean it will crash in Easter 2018. These quotes are from 2014. https://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin/The price of bitcoin recovered from a low of roughly $380 and rose past $420 at press time on 11th April, on the news that Zhou Xiaochuan, the governor of the People's Bank of China (PBOC), had issued new statements potentially clarifying the central bank's position on bitcoin.
According to reports, during Boao Forum, Xiaochuan offered his opinion on the nascent technology, saying that China would not seek to ban bitcoin and other digital currencies entirely. https://www.coindesk.com/bitcoin-price-declines-following-false-report-chinas-bitcoin-ban/A false report published on a financial news feed run by Chinese microblogging site Sina Weibo was responsible for the sharp decline in bitcoin prices across China's biggest exchanges today (21st March).
At 10:22 am GMT, Sina's financial live feed issued a now-retracted news report indicating that China's central bank, the People's Bank of China (PBOC), would move to halt all bitcoin transactions in the country effective 15th April. |
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Sub 6 is still highly likely. Its just a matter of if we're distracted by this huge multi-month bulltrap first like in 2014.
I doubt it would have crashed at this time of the year in 2014 if China hadn't banned Bitcoin for the first time. The first time it made waves, but they banned it too many tines now for anyone to give a shit. |
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I got my check yesterday, a whopping $15 usd, not even worth to cash out since that costs at least double that.
How many lost coins was the $15 supposed to compensate for? |
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Yeah This story’s keep us hodling trough all of the waves ...... That guy must feel like shit today. He should have hodled everything he had and continued buying at $8. Likewise, we should hodl all our four digit coins and continue buying at five digits. |
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Resistance or not. Just bought more. Is there anybody here who thinks that we won't ever see that $20k price tag again?
Maybe 5 years later but it'll happen that's for sure.
Hold it for long enough and it will be worth over $100k. If the price goes lower buy more. Jimbo bought at $275 on January 11th 2015. NotLambchop called him a dickhead for it, and all his previous buys on the way down. Jimbo held, and every coin he bought for a few hundred dollars is now worth $7k. ...
And permabears gonna permaFUD.
Protip: It's called facts. If you just listened, your "holdings" would be worth twice what they are right now.   |
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How much lower can this go, I don’t want to be seeing below $6,000 but it really wouldn’t surprise me. We’ve been in free fall for months.
There should be resistance at about $6100. That was the lowest it went on February 6th. A double bottom there would be bullish. I doubt it will go that low, but I'm buying if it does. |
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I think that's it for this particular leg down.
There was a dump below £1000 in late March 2017. Late this March we got another dump, and next year we will probably get another dump in late Match. Hopefully next year we will be pissed it dumped below $100k in March. |
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