is this the main site for this coin..ie is it legit (or do you not have a clue...like me)

http://b2x-segwit.io/


also told tihs mining pool was legit

http://miningpool.shop/ (likely this is fine..just double checking)


Also looking for legit paper wallet for this segwit/2x x11 fork coin

thanks

brad

From this late date.....starting my Unicorn Watch ...calling it from start of thread   1 Month and 8 days...from again, the start of this thread...

(I'll see if being annoying gets us any info)

Anyway...ONE month and EIGHT days....on this Unicorn Watch on these miners.......Zippo! I mean really, nada in the way of 'real' proof?

it is likely a joke...but on paper with my two evil d3 miners ...a buddy says it is way worth it to mine ...at least now

unsure...evil D3 bitmain miner...evil forked x11 for god's sake btc supposed fork

damn...evil may be the way to go for a bit... (I'm so ashamed)

but it won't last ...it will go poof imho ...so will be cautious and cash out

I may ROI on these evil bitmain D3 bas*ards yet!

(Ack! no morals Ack!)



I resemble that remark....(too true...painful ...but too true)

Another day, another failure to get a demo of this Unicorn miner.....why am I not surprised.....

(er..maybe it's a yeti.....we've been using Unicorn bait.....need yeti bait...hmmm..yeti bait.....pondering) ;(

it just sits on your blockchain address if they did a snapshot of your hoard on the day it launched...so I'm just not doing anything with it..in USA moving it (maybe) but moving

it and spending it would be a taxable event...at my income level 40% plus state taxes 50% I don't plan on doing anything with real BTC so the forks can sit and squat on my

BTC addresses virtual real estate...again I assume the forks will fail and at least BCH value will eventually go back into BTC price.....I know folk who moved BCH and sold it

at 280 bucks that are pissed now...me, I just won't play ..especially since the IRS has not weighed in on free money from the sky.....in 2013 they did so with mining crypto

and called that taxable income...they likely won't do that with BCH and the other forks....but then again they had 3 people cheat on taxes on coinbase and the IRS went

after all 15 million coinbase accounts (in USA and out) and demanded passwords ...so to me ...not worth the risk...just ignoring the forks ...22 so far of BTC forks so not

like the clutter is not going to continue...why start an altcoin and wait 2 years for it to get to 10c on hype over time..when you can do segwit/2 and call it bitcoin fork

and use the x11 protocol to mine it too boot..nothing ...about it is BTC......but the name..yet last I looked at futures price was $400 USD...thus expect a LOT more forks.

Hell, I heard there is gonna be a Bitcoin Cash fork! (frigging planet......ufo's will pimp for a ride off this planet)

I myself, expected the same by now.In other words say BCH has value, eventually, that value would just fold itself back into BTC was my view....or at worse the other alts...but

the whole crypto world is such a mess, I'm not sure anymore....as an example no more like kind in the USA on capital gains....so you used to be able to move ETH to LTC to BTC

say and if you never moved the BTC no capital gains..now for each move of coin to coin..you have to figure out capital gains at the time...now for instant xfers not a problem...

for keeping many alts etc...that ain't gonna happen with me an IRS....so my movement of such is now limited

again, I think the IRS if they want to, could dump crypto prices by half, with 1 stupid rule, likely on purpose......I mean they went after coinbase database of

15 million folks, and also demanded all passwords, because they found 3 folk cheating thru coinbase on their taxes....

thus, I expect some major idiocy in some manner to come out of IRS when they finally (after 3 years of stalling congress) come out with some rules

I can't do much about it ..I'm at 50% tax rate on mining (w/10% tax for my state in USA added) and if less than a year moving coin 40% capital gains on the old hoard

(which would be most of it) more than 1 year an day held....and again 10% of that added for the state I'm in)

Just gonna have to ride this horse till it dies I guess, but while the ride is exciting....I'm having a hard time, figuring out how to stop the damn horse and get off

w/o my ass being handed to me, by above taxes, a correction, or hell who knows what?

fun times, be careful what you wish for you may surely get it!

brad



Ah, but there is always a CATCH, on such free money..I'm not sure what it is gonna be though...before 2013 every miner was happy as hell,

then the IRS came along and really, really disliked mining $$$ from thin air..thus income tax on mining and the other 2013 rule all spent crypto

had capital gains from 2009 onward...so that 2009 BTC you got for 10c and got a T.V. with for $1,000.00, you owed IRS equivelent of $999.90 in

capital gains tax.....fun stuff like that ...Imagine what the IRS or powers that be in Gov't can do with all that free blockchain $$$ falling form the sky!

shudder!

Again, it is UNLIKELY as hell, that if you don't touch any of this forked coin (imho) that it will be taxed...but the 1 out of 20 chance, makes me

squirm, such an event as calling such income, would drop all crypto to 1/2 its current value imho.

perhaps, I just like scaring the f*ck out of myself (on the other hand I got to talk to the SEC in 2013, because my bank called them up, because

all BTC was evil drug lords, so after getting the letter from the bank, I walked around town, secretly knowing that people thought I was NOTORIOUS 

CRIME BOSS!....it was great....I'd walk into the bank...no one would make eye contact.....needless to say the SEC was NOT amused to find out I was normal and boring)

yeah, I changed banks don't ya know soon after.....frigging idiots

Windows 10 1709 major update...auto downloaded and wiped my windows machine back to default (new computer id mode) and all apps came up as saying it was a NEW windows

OS . also wiped out all my folder arrangments on main screen to default

was a real pain.....so I do an update before moving ANY crypto on a wallet...could you imagine sending coin and then have your computer reset at that point on an auto update

be cautious with this windows and your wallets boys and girls

Supposedly, (do your own research) from what I was told by a buddy, the Segwit/2 fork coming has NOTHING to do with Bitcoin in ANY manner, but the name.

I was told a bunch of guys from Ukraine, hijacked it.I mean it is going to be MINEABLE (supposedly) as an x11 pow coin! Also was told 6 million pre-mined.

But, it is at $404 usd.  On this site https://www.worldcoinindex.com/coin/segwit2x

Supposedly, they go live on Dec 28th, today, not sure if above is live or futures price.

Thus, according to IRS, in some manner, this $$ from the air added say $400 to your income, when it hit the world per BTC.

Last I heard, there were 22 forks of BTC so far....what, am I supposed to keep track of all these for tax purposes? Even if I don't have to pay taxes on them till I move them?

or worse yet the IRS says, they are income when they hit the blockchain as taxable unicorn 'rain'?

This year was weird as f*ck, next year looks worse!

As an aside, however, I have dubious Bitmain D3 x11 miners that will never ROI>...they are evil, this forked coin is evil...maybe I should just go full evil and mine them anyway.

(typing that made me feel dirty)

IF I sell BTC now (or next year) I'm at the 40% (just under) max rate with my Income...you add 10% state taxes and a bit for soc sec as self-employed and that is approximately

50% tax rate. Thus if I sell the LTC, BTC or whatever mined...50% goes to tax man IF I sell any of my crypto hoard LTC, BTC etc also 50% (if less than a year 40% capital gains

..if more than a year 20% capital gains...and my hoard would be MOSTLY gains at this point in time.the only thing over 1 year is BTC and Im sure as hell,  not touching that!)

So figure 50% set aside in cash per month to pay the tax man for mining as well.

fun times

The only exception is if I have say 10k in taxes and BUY 10k of equipment (all my money I cash out goes to equipment....I mine 1k a month I get 1k a month ...no income) and eventually it

ROI's then I'm tax neutral...used to be able to do that crypto for equip..er from now on NOPE

I can put some as a self-employed business income (has to be income) in a solo 401k like this one..as long as I mine https://www.checkbookira.com/

But methinks, the days of PAYING CRYPTO to get miners on a 3-month timeline (assuming they are legit and on time) and/or that they MAY ROI...well, I'm afraid those

days are gone as well..so folk in the USA at this tax bracket will just have to suck it up and pay IRS.

Thus .....not a LOT of incentive to sell don't ya know.....but looks like 1/2 of everything I sell or mine will need to be cash next year...at a 50% set aside rate in USD..

I see NO equip on the horizon...and have to stay at least even with IRS in case we have a 30% correction...

and would have to use crypto anyway..for elec/mining/day to day living etc...I .guess. All of us, mining folk may be at the point of wrapping this puppy up?

Discouraging, I used to get away with crypto to equip and just double hash per year w/o paying tax man..alas.....each month 1/2 of what I mine will go to cash

at 50% and set aside....any panic selling on a 30% dump..yep also 50% to tax man as well..I am well and truly fu*ked!

( I mean really IRS and state tax man, no flowers, no dinner, no dancing ..just straight to screwing me over? Have you no romance?)

one other thing you can get off your gross income besides equip/elec/solo 401k/ is MEDICAL IF YOU ARE  self-employed ALL medical insurance (not HSA) can be taken off

gross income, not as good as equipment, but it is something, along with miner equipment (I miss non-dubious miners that would ROI and/or you could actually get in 2 months)

anyway, be careful what you wish for..you may surely get it....

I'm in for the HODL cold feet or no in the future......with 50% taxes to account for and set aside, I'm superglued to the roller coaster ride that is crypto.....

just saying, for those of you 'aspiring' to the 50% tax bracket on your business...again, my state is 10% tax on to 40% IRS tax rate...if in another state w/no state taxes

you will have it a bit better only 40% tax rate....

anyway, just an aside as I cry over my tax returns and took a break here on bitcointalk (should have bought even more DUBIOUS euqipment) sigh....

IF nothing else, if there are a lot of folk in my situation....the HODL is more of a sure thing then ever!

Brad

yeah I posted this on wall observer...figurred I'd post here for the IRS link...it is possible the 22 plus forked coins of BTC so far
could be a pain in the ass for us with the IRS..small chance, but still...they are kinda clueless

my take below

If you move your coins in the USA it is probably a taxable event (income at the $280 that BCH hit the world, I think it was) ...spend it also (of course)

I'm going by below IRS guideline and hope they just treat it like stock going up..you don't touch it ...this does not matter ....we probably can prove

from the below that it is a hassle to get this stuff and came out of nowhere ....or at least this IRS plug leads me to believe

(on the other hand, the IRS released the 2013 guidelines 10 days before the filing deadline stating capital gains wanted on all BTC spent since 2009 (heh) also the
coinbase where they wanted all 15 million account info INCLUDING passwords....because they caught THREE GUYS using coinbase to hide taxes...so wtf they
literally could call all the forks like BCH income and expect us to pay..doubtful though)

anyway, this gives me a little pause that they are not gonna go after the BCH and other forks as long as you don't mess with them or move them or sell them kool-aid...I know zip
this is an example of what I'm doing and why I'm not even looking in the general direction of any forked coins...they can live or die on the vine...I ain't doing zip.)

https://www.law.cornell.edu/cfr/text/26/1.451-2

anyway, some modest hope I won't get screwed over...but how I am approaching this...no looky..no touchy...any forked coin...

brad

If you move your coins in USA it is probably a taxable event (income at the $280 that BCH hit the world, I think it was) ...spend it also (of course)

I'm going by below IRS guideline and hope they just treat it like stock going up..you don't touch it ...this does not matter ....we probably can prove

from the below that it is a hassle to get this stuff and came out of nowhere ....or at least this IRS plug leads me to believe

(on the other hand the IRS released the 2013 guidelines 10 days before the filing deadline stating capital gains wanted on all BTC spent since 2009 (heh) also the
coinbase where they wanted all 15 million account info INCLUDING passwords....because they caught THREE GUYS using coinbase to hide taxes...so wtf they
literally could call all the forks like BCH income and expect us to pay..doubtful though)

anyway, this gives me a little pause that they are not gonna go after the BCH and other forks as long as you don't mess with them or move them or sell them

(ie to IRS...what? I have $$$ from the forked coin? really?)

IRS guidelines that if you have not sold or moved any BCH you MIGHT be off the hook (remember the source here ...me...duh....I drank the BFL kool-aid..I know zip
this is an example of what I'm doing and why I'm not even looking in the general direction of any forked coins...they can live or die on the vine...I ain't doing zip.)


https://www.law.cornell.edu/cfr/text/26/1.451-2

anyway, some modest hope I won't get screwed over...but how I am approaching this...no looky..no touchy...any forked coin...

brad

Well, in the USA if they want to put a 'crimp' into BTC...all they have to do is declare this 'air-dropped' fork paper profits value as "income'

like mining got taxed...the IRS really, really does not like $$$ falling out of the sky.....

the odds are 1 out of 20 out of such a senario....but could you imagine being a BTC whale with 1,000 coins ..told that at 280 USD when

BCH hit the world as a fork, (I think that was the BCH price on launch) you owe the IRS from your 2009 onwards hoard about $280,000.00

USD. Pay up!

Last I saw 22 forks of Bitcoin so far...and now I hear forks of Bitcoin Cash.


Again, just saying, if the powers that be, really wanted to crimp/slow down crypto....the IRS ruling on this like crypto mining would be a drag.

I gather if everyone is piling in on units...

Is this guy going thru someone on bitcointalk with legit escrow?

just asking.....not a slam..just a precaution...I'd assume is being taken on this thread

Not sure I'd put this on my bitmain L3+ unit as a water cooler....but for your consideration tripped over such a device

https://www.banggood.com/420W-6-Chip-Semiconductor-Refrigeration-Cooler-Air-Cooling-Device-DIY-Radiator-p-1207198.html?currency=USD&utm_source=facebook&utm_medium=cpc_elc&utm_content=zia&utm_campaign=ar-pop-rm-nr18-value&utm_ho=18&cur_warehouse=CN


no idea how legit it is or if it works...just kinda pop'd up on my facebook ads...

brad


edit: then again at $4 a day after electric....perhaps I should use this and 'blow up the unit" properly in a blaze of 'never to ROI

hmmmm.....

again, the above product is not endorsed by me...just tripped over it

Not sure I'd put this on my bitmain L3+ unit as a water cooler....but for your consideration tripped over such a device

https://www.banggood.com/420W-6-Chip-Semiconductor-Refrigeration-Cooler-Air-Cooling-Device-DIY-Radiator-p-1207198.html?currency=USD&utm_source=facebook&utm_medium=cpc_elc&utm_content=zia&utm_campaign=ar-pop-rm-nr18-value&utm_ho=18&cur_warehouse=CN


no idea how legit it is or if it works...just kinda pop'd up on my facebook ads...

brad


edit: the above product is not endorsed by me...just put it up here as an 'interesting' aside......

That ain't working, that's the way you do it, money for nothing and your chicks for free!

I find Segwit/2x noteworthy in that it is a 'supposed' bitcoin fork that is gonna use x11 protocol....so conflicted...I have some 'dubious' never to ROI

Bitmain D3 x11 miners (2)....do I miner the dubious x11 miners on this dubious x11 fork coin? Does it matter ...will they just be in a loop

where electric goes in the miners....I mine this dubious x11 coin...and the only thing I've done is space heat my basement and waste electric?

does a neg miner and a neg concept coin.... cancel each other out to NULL?

man, this last 6 months has been frigging weird as sh*t

the way things are going even such a NONreal bitcoin clone will probably pump like hell...what the heck ...evil bitmain miners evil concept coin

what could go wrong ...

Well finally the Verge Electrum 2.4.1 desktop version of the wallet works...sheesh...what was it like 5 days to synch?

or be less moody? no clue....

managed to send 3 verge to someone to test..but all looks ok


Is there a newer version of this electrum 2.4.1 wallet...I did try to use my backup on the Verge Desktop Wallet 3.0 (not electrum)

that went no place....but was wondering if an electrum 3.0 also exists

thanks to everyone for the help (tips will be given)

brad

yes, and this is with my previous post IF THEY EXIST..a real benefit of a doubt stretch that is.....by both of us.....

Again, if they do exist..I think ....they stopped selling them and just started mining them as soon as the price went over $100 usd

but, I still think they are vaporware.....won't matter much if I'm wrong ...would not get any equip of any asic flavor at this point in time

better to hold and wait for another price pump in BTC LTC or whatever...2-3 month delay is killer and Bitmain would just lower prices

or keep your shipment if the price pumps like last summer...(it is what they do) ..thus not enthused enough to even care if this equip exists

(damn, I have to get a life and off this thread)


brad

i can't believe you can take a name segwit2 and call it a bitcoin fork and then use x11 protocol...to mine with it and get away with it

sheesh....

(but actually, I have a dubious D3 x11 miner...so go baby go...I have no morals..and the thing is a brick at 4 bucks a day after electric.slim hope I know)

but I mean really, futures price is $656.24

https://www.worldcoinindex.com/coin/segwit2x

the world is mad I tell you, frigging nuts on how forks are approached....