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301  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin cash stuck on 15 confirmations at Bittrex for most of the day? on: August 06, 2017, 01:38:40 AM
20 confirmations for a coin that at the moment is slower is a bit of excessive, in my opinion.

But at least people will have plenty of time to think and won't panic and do stupid things without thinking
302  Local / Brasil / Re: GOLPE OU NÃO ??? on: August 06, 2017, 01:32:52 AM
Se você não tem certeza, melhor assumir que é, como regra geral.
303  Bitcoin / Bitcoin Discussion / Re: 8th August on: August 06, 2017, 01:23:47 AM
I'm expecting pumps on 8th August, and the days following and before.

Bitcoin is in non stop pump mode
304  Economy / Speculation / Re: Bitcoin reached 3.2K!! on: August 06, 2017, 01:22:32 AM
i think it will reach up to $3,500 this month. It is very possible because bitcoin cash is going down.


This month you say?

I wouldn't be surprised to see $3500 this weekend
305  Alternate cryptocurrencies / Altcoin Discussion / Re: What about this altcoin : PieCoin on: August 06, 2017, 01:18:36 AM
what is piecoin for?

buy and sell pies?
306  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it good idea to buy altcoins when they crash?? on: August 06, 2017, 01:15:53 AM
No, a good idea is buy altcoins in the peak of the pump, right before the crash
307  Alternate cryptocurrencies / Altcoin Discussion / Re: R.I.P Ethereum - The Pre-Mined ScamCoin is dead on: August 06, 2017, 01:14:31 AM
Is Ethereum done?
308  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 🚀🚀🚀🗳 The New Era of Pump and Dump shittycoins Starting HERE🗳 🚀🚀🚀 on: August 06, 2017, 12:51:39 AM
If you had to pick one RewFew which would it be?

Thanks for the status btw.

Already responded.

If i had to choose one between those 3 it gonna be BAT.  it have more room to growth.


What about NXT? its at its all time low

all the coins were worth 0 in the beginning, so no all time low while it is traded
309  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shall I dump Bitcoin Cash? on: August 06, 2017, 12:48:01 AM
Maybe there will be a recovery once the difficult is adjusted and blocks are mined quickly
310  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shall I dump Bitcoin Cash? on: August 06, 2017, 12:40:55 AM
Sell

If you want rebuy back when the volume stabilizes, sign that the initial dump might be over
311  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Beginner: Is investing in Altcoins a good choice at the moment? on: August 06, 2017, 12:38:14 AM
Why would people invest in altcoins now, if Bitcoin will almost surely rise even more and give guaranteed profit?

I think would be better wait until the BTC top is reached
312  Alternate cryptocurrencies / Altcoin Discussion / Re: How about them WAVES!!?? on: August 06, 2017, 12:32:18 AM
Is waves done?
313  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash is Neither "Bitcoin" nor "Cash!" on: August 06, 2017, 12:30:43 AM
Then Bitcoin was not Bitcoin until the split that just happened Huh
314  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbie question about BTC and BCC split... on: August 06, 2017, 12:29:26 AM
If you didn't hold BTC before Aug 1st then you don't have BCC. If you did then you have both BTC and BCC (1:1) but there is liquidity issues at the moment so a lot of people still can;t sell BCC.

more like 20 confirmations needed for deposit that can take up to 2 days issues than liquidity issues, unless how have several hundreds of coins or more
315  Alternate cryptocurrencies / Altcoin Discussion / Re: BitcoinCash is dead on: August 06, 2017, 12:27:54 AM
Wait until the next difficult adjustment, when blocks will be produced as quickly as before
316  Bitcoin / Press / [2017-08-05] How To Report Bitcoin Cash And Avoid IRS Trouble on: August 06, 2017, 12:23:56 AM
In light of the Aug. 1 split of Bitcoin into two separate cryptocurrencies, Bitcoin and Bitcoin Cash, many questions remain. While the IRS has issued guidance on cryptocurrency — labeling it an “intangible asset” for investors subject to capital gains and loss treatment using the realization method — it has not issued guidance on cryptocurrency split or “fork” transactions. There are thousands of cryptocurrencies, and many formed in this type of division in the blockchain.

Tax reporting for the receipt of Bitcoin Cash

The initial market price of Bitcoin Cash was $266 per unit, which was 9.5% of the comparable Bitcoin unit price at that time of $2,801. Bitcoin holders were distributed one unit of Bitcoin Cash for each unit of Bitcoin, a separate financial instrument with a liquid market value. In the eyes of the IRS, that’s taxable income.

Bitcoin holders should report the receipt of Bitcoin Cash on their 2017 income tax returns . It does not qualify as dividend income on Schedule B since a cryptocurrency is not a security. It’s also not considered interest income on a debt instrument or bank deposit. I suggest reporting the value received as “Other Income” on line 21 of Form 1040 —a catchall category for income that does not fit into a standard category.

Some taxpayers might choose to use Form 8949 (Sales and Other Dispositions of Capital Assets) instead. The taxpayer reports the $266 value of Bitcoin Cash as proceeds and 9.5% of Bitcoin cost basis as Bitcoin Cash cost basis. The initial value of Bitcoin Cash was 9.5% of the Bitcoin price at that time. This alternative treatment reduces taxable income by the cost basis amount. Another benefit is capital gains use up capital loss carryovers. I question whether this method would pass muster with the IRS — Bitcoin did not decline in value by a material amount after the split, and that undermines the use of this treatment.

Constructive receipt of income

Some Bitcoin holders mishandled or skipped arranging access to Bitcoin Cash, or their exchange does not support Bitcoin Cash, making retrieval difficult or impossible after Aug. 1, 2017. These taxpayers may believe they don’t have to report the Bitcoin Cash as taxable income since they don’t currently have access to it. While that seems reasonable, the IRS could apply the constructive receipt of income doctrine to argue the Bitcoin holder had access to Bitcoin Cash but turned his or her back on receiving it. Kelly Phillips Erb of Forbes goes into more detail in her article, Bitcoin Shift Could Cause Tax Headaches For Some Users).

Tax reporting for the sale of Bitcoin Cash

If you sold your Bitcoin Cash, you need to use capital gains treatment on Form 8949. For proceeds, enter the selling price. For cost basis, enter the $266 Bitcoin Cash value received per unit as you previously reported it as Other Income on line 21 of your 2017 Form 1040. The holding period for these units of Bitcoin Cash started on Aug. 1, 2017.

A cryptocurrency split is not a tax-free exchange

Taxpayers may feel a cryptocurrency split such as Bitcoin Cash qualifies as a tax-free exchange. I don’t think it does because cryptocurrencies are not securities, where tax-free splits are possible.

full: https://www.forbes.com/sites/greatspeculations/2017/08/04/how-to-report-bitcoin-cash-and-avoid-irs-trouble/#7d0b8d333066
317  Bitcoin / Press / [2017-08-05] Bitcoin Rockets Past $3,000 to a New Record High on: August 06, 2017, 12:20:30 AM
In just four hours of early Saturday trading, the price of the cryptocurrency Bitcoin surged over 9% to a new record. At the time of this writing, one Bitcoin is valued at $3,169.90, well above the previous record of $3,000 set in June.
Bitcoin's total market value is now more that $52 billion, according to data from CoinMarketCap, and the return on Bitcoin investments made on January 1st of this year stands at nearly 220%.
Bitcoin will almost certainly remain a highly volatile asset, but its latest high reflects a major positive development. After years of heated debate over how to increase the Bitcoin network’s transaction capacity, major players have finally agreed on a compromise solution known as Segwit2x. That accomplishment is reassuring for those who may have begun to doubt the effectiveness of Bitcoin’s leaderless governance model.
Get Data Sheet, Fortune’s technology newsletter.
The Segwit2x solution also seems to have driven Bitcoin's price higher in a less direct way. On Tuesday, a faction who disagreed with the proposal spun off a so-called ‘fork’ of Bitcoin, known as Bitcoin Cash, which implemented a different fix. All holders of Bitcoin received matching Bitcoin Cash, which now trades as BCH on exchanges, and has a total current value of $3.75 billion.However, the price of Bitcoin Cash has declined steadily over the last two days as Bitcoin and other major cryptocurrencies have surged. That suggests investors are cashing out of the upstart fork, which has sparse support from miners and exchanges, and pumping their gains back into older, more trusted, and more widely-adopted cryptocurrencies.

http://fortune.com/2017/08/05/bitcoin-record-high/
318  Bitcoin / Press / [2017-08-05] Bitcoin surges above $3K to record, more than tripling this year... on: August 06, 2017, 12:18:31 AM
Bitcoin surges above $3K to record, more than tripling this year while 'bitcoin cash' struggles

Bitcoin leaped more than 16 percent Saturday into record territory, significantly strengthening against its offshoot "bitcoin cash" amid a hack on the new currency's network.

Bitcoin hit an all-time high of $3,360.87 Saturday, according to CoinDesk, before paring its gains slightly to hover near $3,303, with a market capitalization of more than $54 billion.

The digital currency has now more than tripled in value for the year, and gained about 15 percent in the first few days of August. Bitcoin has broken free of the trading range it's held ever since reaching its prior record of $3,025 in mid-June.

Ari Paul, CIO of BlockTower Capital, attributed the gains to a relief rally after a "relatively uneventful" split, as well as new investors buying bitcoin.

"With SegWit activation and the hard fork in the rear view mirror, bitcoin buyers see a smooth road ahead for the next two months," he told CNBC in an email, referring to a more popular upgrade proposal called Segregated Witness.

Another digital currency, ethereum, climbed more than 12 percent to $250 Saturday afternoon, according to CoinDesk.

full: https://www.cnbc.com/2017/08/05/bitcoin-surges-above-3k-to-record-more-than-tripling-this-year.html
319  Local / Brasil / Re: Resumo dos ultimos dias on: August 06, 2017, 12:14:50 AM
eu demorei só umas 30 horas para conseguir as 20 confirmações, que pareceram uma pequena eternidade...
320  Local / Brasil / Re: Onde comprar hardware wallet? on: August 06, 2017, 12:12:18 AM
Pode comprar também direto da fabricante, vai ter que esperar mais por causa de todos os problemas de importação já conhecidos mas vai pagar bem mais barato, uns 50-60% dos valores praticados aqui no Brasil.

já contando os impostos?
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