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1941  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POW][SOLACE] Solacecoin - Your humane Cryptonote coin on: April 19, 2018, 04:17:07 AM
help me

I do not know the 26 mnemonic seed of cli. If so, is it impossible to change to gui-wallet?

The import also generates an error.

From the cli-wallet to the gui-wallet
Can I send it?

In the cli-wallet you can use the command "seed" and it will give you your seed. You can then use this for the gui wallet.
1942  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Selling at COST. on: April 19, 2018, 12:13:39 AM
I'm just curious. Are these cryptonight "ASICs" really ASICs of are they FPGAs? If they are FPGsA, the manufacturers should be able to just work on updating the firmware and would be good to go. I suspect Bitmain's rig is really an ASIC since they forked Monero in an attempt to keep their machine relevant. However, Baikal has other rigs which are actually FPGA, like the BK-X.
1943  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 15, 2018, 03:19:12 AM

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.



I will be surprised if he is still alive in July 2020 to make good on his bet.  Grin
1944  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 15, 2018, 12:04:41 AM


FOMO'ing down, lol. So was Bitfinex FOMO'crashing back in Jan?  Cheesy

1945  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN on: April 14, 2018, 06:00:37 PM
who the heck is building buwark-specific chips?if anything they're applying ASICs designed for btc or ether
which in turn is technically not ASIC for bulwark

Here is the product. http://www.baikalminer.com/product09.php#a
Technically, it's not based on ASIC chips, but rather FPGA chips. FPGA are less efficient than an ASIC. However, you can reprogram an FPGA to do another algorithm. This is not possible with an ASIC.
1946  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POW][SOLACE] Solacecoin - Your humane Cryptonote coin on: April 14, 2018, 04:23:52 AM
I'm glad we are switching to cryptonight heavy. No more Asics or Nicehash.  Smiley
1947  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2018, 02:23:08 AM
Another bear trap? Gee, I have to stop shorting corn on Bitmex.  Cheesy

Maybe if you guys would stop shorting out of fear we could go on with the bullishness... or, on second thought, we need those rekt shorts to pump it. Ok, whatever.

A short is always a pledge to buy later.  Cheesy
Sell high, buy higher, Huh, profit.

I'm just dinking around with Bitmex. I like to dabble in all kinds of things related to BTC and cryptocurrency in general. My liquidated shorts are about equal to a meal for two at Mcdonalds or less.
1948  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2018, 02:10:44 AM
Another bear trap? Gee, I have to stop shorting corn on Bitmex.  Cheesy

Maybe if you guys would stop shorting out of fear we could go on with the bullishness... or, on second thought, we need those rekt shorts to pump it. Ok, whatever.

A short is always a pledge to buy later.  Cheesy
1949  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2018, 01:48:38 AM
Another bear trap? Gee, I have to stop shorting corn on Bitmex.  Cheesy
1950  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2018, 12:55:39 AM

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.  

According to this, it appears no gift tax is owed until the donor gives away in excess of 5.49 million dollars in their life time. (Excluding the 14000 per year exemption per recipient.)
https://blog.taxact.com/gift-tax-do-i-have-to-pay-gift-tax-when-someone-gives-me-money/
It appears the IRS can go after the recipient if the donor doesn't pay. But this is clearly very rich people problems.
What scammer is going to send me 100s of BTC to try and fleece me for my very small stash for this to be a real problem? Clearly they would be an fool.
If the IRS had to go after the recipient in such a case, the recipient wouldn't get fucked by tax evasion laws for not walking up to the IRS himself would he? Since the sender is supposed to do that part and the recipient couldn't possibly know if the sender neglected his duty?

I don't think the IRS will go after the recipient criminally, unless the recipient agreed in writing to be responsible when the transfer took place. However, I am sure the IRS can make life miserable with liens, levies and penalties.
1951  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2018, 12:44:03 AM

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.  

According to this, it appears no gift tax is owed until the donor gives away in excess of 5.49 million dollars in their life time. (Excluding the 14000 per year exemption per recipient.)
https://blog.taxact.com/gift-tax-do-i-have-to-pay-gift-tax-when-someone-gives-me-money/
It appears the IRS can go after the recipient if the donor doesn't pay. But this is clearly very rich people problems.
What scammer is going to send me 100s of BTC to try and fleece me for my very small stash for this to be a real problem? Clearly they would be a fool.
1952  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2018, 12:27:58 AM
I guess it's not possible to just simply return the transaction if it would indeed cause any unwanted trouble.

At least if someone knows my public key with BTC, people can only send me coins. I will happily keep them. Grin However, if I gave someone my bank account number and routing number, they can move funds in and out of my bank account.(Saving grace is that the transaction would be reversible. But what a nightmare if I didn't catch it in time and some of my legit transactions bounce.)
Who would be liable for tax payments on such a transaction (given that it was above the "gifting" limits)? And who would be required to report it? The recipient or the sender?

Unless there is some funky US tax law I am not aware of, the recipient pays nothing because receipt of property is not income (bitcoin is property not money).   I’m not so sure about the sender.

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.
1953  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2018, 12:01:10 AM
I guess it's not possible to just simply return the transaction if it would indeed cause any unwanted trouble.

At least if someone knows my public key with BTC, people can only send me coins. I will happily keep them. Grin However, if I gave someone my bank account number and routing number, they can move funds in and out of my bank account.(Saving grace is that the transaction would be reversible. But what a nightmare if I didn't catch it in time and some of my legit transactions bounce.)
1954  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2018, 09:32:13 PM
I wonder if we can find Bruce Banner and piss him off. We need some mean green bear throwing action right now.  Grin

1955  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2018, 09:27:20 PM
Time to dump this crap, will go sub 6K soon

So dump your coins (I doubt you own any however) and shut up. Nobody wants to hear your whining! These sub 6k, 5k, 3k, 2k predictions have been here for a while (since January?) yet we're not going anywhere lower...

You are yelling at a sock puppet.  Cheesy This account only posts during a dump and always predicts it will go much lower. I wouldn't doubt if it was some paid troll that posts here in an attempt by some bear whale to get some more panic sell volume.
1956  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2018, 01:03:49 AM


I've had two of my shorts liquidated on Bitmex. Ringing in a whopping loss of ~10$ worth of BTC.  Cry
The good news is that the increased value of the rest of my BTC more than makes up for the loss.

1957  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POW][SOLACE] Solacecoin - Your humane Cryptonote coin on: April 13, 2018, 12:51:32 AM
The problem of the alcohol market is that it is regulated by the state. We do not allow alcohol to trade through the Internet. When sold, each bottle is scanned and this information goes directly to the tax office.


I'm not too sure I get what you mean? We don't have anything to do with alcohol.

This is probably someone trying to farm an account, probably a bot. If you look at this account's post history, they are just posting random stuff on threads. The better bots are the ones that just post something like, "Great project. How do I get involved." Not sure why the person running this bot thinks discussions on the alcohol market would pass as being pertinent to the conversation.  Roll Eyes

Edit: They have a signature, so it appears they may either be running a bot to claim a signature bounty or perhaps someone on the ICO team is trying to get the word out.
1958  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 12, 2018, 10:40:11 PM

Could it be Craig moving some small change around?




You should be nice when talking about Craig. After he is done pissing everyone off, BCH is going to do everything and out compete all the other coins and fiat currencies. It will do the following.
Smart Contracts
Unlimited data backup
Infinite scalability
Faster than the speed of light network speeds.
Totally anonymous transactions
0 confirmation transactions
Service all the unbanked in the world. (Everyone will be unbanked BTW.)
And much much more.
And if you don't have 20 Billion dollars to set up a node, you can just go fuck off.  Grin
1959  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POW][SOLACE] Solacecoin - Your humane Cryptonote coin on: April 11, 2018, 01:41:46 PM
wallet not syncing past nlock 849
I am having the same problem.
1960  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 08, 2018, 03:31:10 PM
What do you think about Fund of Soros to enter in cryptoworld??

this is positive or negative??

Negative. The hedge fund will probably short this to the ground. Then, when all the newbie bears start shorting, they'll get rekt too.
(Or they could pump this to the moon. Then when the FOMO is at it's height, crash the market and get the newbie bulls rekt.)
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