Hey pooya, well aren't most ppl using the latest version of chrome then? I just noticed... yea there is no longer that https:// anymore for any site i use on chrome. But as long as i type in www.binance.com on the address bar on my google chrome address bar, that is fine right? |
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So its 200 trades or $20000 in total trades in coinbase to get a 1099 from coinbase?
So what if someone has like $25000 worth of btc and just want to send it to coinbase to keep btc there as a place of storage. Do you need to report for that?
Also i assume cashing out to bank account or having the usd balance in coinbase is same thing right?
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What software did you use for this?
I would be curious does anyone recommend software for someone doing lifo in terms of trading?
So this software basically tell you exactly what to record?
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Curious but can anyone who day trades with bitcoin in the US tell me how much in taxes you pay in terms of percentage in the US?
Example say you located in new york for example and daytrade btc and altcoins. I read that you pay like 35% on short term capital gains. So if someone makes around $50,000 a year trading btc and altcoins and daytrade, expect to pay around $17,500? That is a lot if true.
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What happened to this case?
If the money you have is legit to buy btc, how is it illegal?
Also, if you have btc and want to sell to friends or people for either cash or bank deposit/wire, isn't that allowed? I mean as long as you claim it on your taxes, isn't that the same as selling btc to coinbase or bitstamp etc?
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Since this is trading subforum, I know that when you want to buy an altcoin, let say iota or lisk for example, you have to buy it with btc as oppose to usd or usdt as many altcoins, you cannot pair them with usd or usdt.
So for example, let say you buy $1000 worth of btc at $1000. So you have 1 btc. There is also a fee for buying it so say you only get $997.50 worth of btc. Now let say you want to buy lisk and say its $1 to make it simple. You now spend all that btc which is like 0.9975 btc and buy lisk. You will get around 997.5 - 0.25% fees = $995 worth of lisk so 995 lisk.
But the issue is when you buy btc at $1000, you have to send the btc to another exchange usually to buy the altcoin. So first you have to pay that 10 cent - 1 dollar sending fee. Then after this, you sell btc for lisk. Obviously by the time you make the transaction to buy lisk with btc... its almost impossible for btc to be around the exact price where you bought it which is $1000 btc price. Now let say btc price when you do this is $998.
So here, you are
Buying btc at 1000 dollar price
Selling btc at 998 dollar price
And thus incur a capital loss right?
Thus you never put buy or sell lisk until you sell lisk correct?
Now here is the thing. Let say you buy btc and sell btc at same exact price which is possible. Like during those minute span its the same price. So in these situations, there is no gain and no loss? Or there is always loss because of the sending fee? What about the transaction fee? Because say you bought btc at 1k and sold it at 1k to get lisk... well you are never going to get 1000 lisk, you will probably get 995 lisk more or less right?
So if someone buys altcoins with btc and only does this when they buy btc... meaning... the only time i buy altcoin is when i buy btc right now... then sell it immediately for altcoin, isn't this person going to incur capital losses almost everytime it seems as oppose to capital gains?
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I know that when you want to buy an altcoin, let say iota or lisk for example, you have to buy it with btc as oppose to usd or usdt as many altcoins, you cannot pair them with usd or usdt.
So for example, let say you buy $1000 worth of btc at $1000. So you have 1 btc. There is also a fee for buying it so say you only get $997.50 worth of btc. Now let say you want to buy lisk and say its $1 to make it simple. You now spend all that btc which is like 0.9975 btc and buy lisk. You will get around 997.5 - 0.25% fees = $995 worth of lisk so 995 lisk.
But the issue is when you buy btc at $1000, you have to send the btc to another exchange usually to buy the altcoin. So first you have to pay that 10 cent - 1 dollar sending fee. Then after this, you sell btc for lisk. Obviously by the time you make the transaction to buy lisk with btc... its almost impossible for btc to be around the exact price where you bought it which is $1000 btc price. Now let say btc price when you do this is $998.
So here, you are
Buying btc at 1000 dollar price
Selling btc at 998 dollar price
And thus incur a capital loss right?
Thus you never put buy or sell lisk until you sell lisk correct?
Now here is the thing. Let say you buy btc and sell btc at same exact price which is possible. Like during those minute span its the same price. So in these situations, there is no gain and no loss? Or there is always loss because of the sending fee? What about the transaction fee? Because say you bought btc at 1k and sold it at 1k to get lisk... well you are never going to get 1000 lisk, you will probably get 995 lisk more or less right?
So if someone buys altcoins with btc and only does this when they buy btc... meaning... the only time i buy altcoin is when i buy btc right now... then sell it immediately for altcoin, isn't this person going to incur capital losses almost everytime it seems as oppose to capital gains?
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I logged into electrum now and its fine, no message.
But i should still update it to the current one in case in the future? But its been mentioned that message does not appear for electrum 3.3.4 version and above. So would that mean a bit later on, its possible that electrum can still have these attacks if you only have 3.3.4 and not say 3.3.8?
I know i mention i no longer keep btc in electrum anymore as its empty but i do need to look at it and check the records and history for tax purposes etc.
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Hi there. But why does my address bar on my chrome show lock logo and then binance.com/en/login The lock is not green on the address bar and why is there no https://www.binance.com on the address bar on the top? It does show the green lock and https://www.binance.com though on the middle of the page. The lock and https:// is green and the binance is just regular... |
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Hi, so the site i posted is correct right? There is no https:// on the chrome link though... there is also no green lock on the left side of the address bar, its only a lock... but not green.
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Is OP still doing trading?
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Where are US traders going to go now then? What if they can't use bittrex either?
Do we have to withdraw our coins from binance as us users or can we keep them there?
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Well how did traders make money last year then when everything dropped? I mean unless you bought altcoins, it was hard to be profitable right? Imagine buying btc at 10k and it not once hitting over 10k even for a few seconds.
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Can someone give me a list of like the top 5 altcoins that has went to zero?
Only one i can think of is bitconnect.
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Why is this coin so low? I recall an article that they had shift as one of the top 25 coins to buy or something like that in some major article. Anyone remember this?
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I just typed in www.binance.com in chrome. The site shows A lock icon on the left ... binance.com/en/login On the Site it reads Log in Please check that you are visiting https://www.binance.comin green color and the lock https:// www.binance.com the binance.com part is in bold Can someone here confirm this is the correct site? Why does it not show the https:// that is green along with the green lock sign on the left in the address bar? Also on the top right, you can click on old website. Can people here confirm this is all correct before i log in with my information? I haven't visited binance in a while so not sure why there is no https:// on the address bar. There is a lock sign on the left of it though. |
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I just typed in www.binance.com in chrome. The site shows A lock icon on the left ... binance.com/en/login On the Site it reads Log in Please check that you are visiting https://www.binance.comin green color and the lock https:// www.binance.com the binance.com part is in bold Can someone here confirm this is the correct site? Why does it not show the https:// that is green along with the green lock sign on the left in the address bar? Also on the top right, you can click on old website. Can people here confirm this is all correct before i log in with my information? I haven't visited binance in a while so not sure why there is no https:// on the address bar. There is a lock sign on the left of it though. |
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Hi there. I going to open my electrum 3.3.4 soon on my computer. I haven't used it in a while but i need to open it for accounting purposes. But i should have no issue opening it up right? I basically am going to look at my btc transaction history and then shut it off.
Or should i go download the newest electrum version on the site instead?
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Curious but you can't use a nano s with a smartphone right?
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Nano seems to have had higher increase in roi compared to btc right at nanos absolute highest price?
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