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I used poloniex.
Anyone know if poloniex submitted any information?
yeah but did you use coinbase to cash out bitcoins to USD? that seems to be the common thread among those receiving the IRS letters. Yea I did cash out with Coinbase. |
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I used poloniex.
Anyone know if poloniex submitted any information?
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I am reading a lot about bitcoin IRS tax notices telling people to back and resubmit the taxes because they did not fully report income. I just got one and have been pretty compliant to the best of my ability in reporting. Do you guys know anything about Bitcoin with alt coin trading pairs and taxation on any gains with that? My understanding was that before 12/31/2017, if you made money by increasing your bitcoins from trading alt coins that you could try to utliize the "like-kind" clause which does not force you report a tax on that trade.
For example, if I make 3 BTC in profit from trading alt coins against BTC in 2017, then does my BTC profit count as a taxable event if I never cashed out?
Any opinions or thoughts on this would be much appreciated.
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Anyone know how long our TIME and XEM will be locked up in order to recieve the XMIN tokens?
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Anyone know how much shift the DEVs have and how much was lost after they did the rollback?
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I just looked over this notice: https://www.irs.gov/pub/irs-drop/n-14-21.pdfLet say Person XYZ trades Alt coins to increase the number of BITCOINS. However, Person XYZ does not sell those bitcoins. Are those bitcoins taxable as income for fair market value? Or should the person be taxed after they convert to fiat? |
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I think we're near the bottom or at the bottom...
The ragequitters are coming out of the woodwork as always in every blockchain project and once they are all gone, we begin the journey to the moon.
Talk is cheap , it appear you bought from the bottom , make yourself in the place of investors who bought at 0.008 - 0.01 BTC then call yourself rage quitters. Not everyone can or will trade or invest smartly. Those who bought 0.008 upwards have only themselves to blame. They think it's a straight path going up. Now that they held for so long, they sell? Buy high and then sell really low? Markets are not for them. Huge news!!!!! I can see this project having a market cap of 1 billion in a few years as other top coins will be worth several billions. Chronobank has a niche market and a CEO who has experience in this area. I bought at 0.009 and have averaged down. Investing is always a risky game but keep your eye on the prize and be patient. |
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Is there a deadline by which I have to send my TIME to the chronomint wallet otherwise I do not get any MINUTES?
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How do I get to 1.3.1??? On their website they only have 1.3.0 listed to download.
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According to your logic, price went from 0.01BTC to 0.001BTC (-X10) is normal but x10 profit isnt normal and ICO crowdfund used BTC and ETH and Alts and profits calculated in USD is normal , Also for your info Chronobank is 1year old project and the result is -x10 ICO price.
A lot of cryptos have taken a dive because BTC is gaining in strength. NEM for example, has dropped in 85% of its value since last May. SC currency has also taken a tumble in BTC/SC trading pair because BTC is gaining strength. It is normal in this market for a -X10 but a x10 is also equally as normal. I was just saying most people here expect easy money and get disgruntled when their investment isn't working out. The biggest concern here is will Chronobank deliver? So far they are on track to deliver and based on progress updates they are working to deliver. There are a lot of scams that have -90%, chronobank is one of them. A true scam artist takes the money and runs. We have seen nothing but responses and updates from the team. A dissatisfaction in price and the companies own bad luck does not imply scam. They will work through their problems like delisting and get us back on track. |
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Too many complainers on this forum. You obviously invested in TIME knowing the risks. You were hoping for fast gains in terms of BTC value, but you never saw that so you are upset about your investment. You were hoping this would be a 10x overnight. Most small cap ICO's right now are taking a big hit because BTC is getting stronger every day. Its not the ICO's fault, its the market. Judging by the developments so far, this team is working on this project and is motivated to deliver. Serge has experience in this area and runs a big company that deals with this. This is probably one of the most organized ICO's compared to others. One of the reasons why I invested is because they have a good shot at getting a real world practical application of their platform over other hyped coins. Look at the crypto market and ask yourself how many other coins are doing the same thing. This is a NICHE market with a CEO who has experience in it. Judging by the progress, they WILL finish the project. If we can secure a partnership to use this platform, then this coin will take off.
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Will they try to compete with storage solutions already in place like STORJ and SIACOIN?
If I am reading their site correctly, do users lend out their hard drive on the SHIFT network so that people can host their websites on another person's hard drive?
Is it possible to offer bandwidth to people that want a significant amount for their website? I know bandwidth is very expensive and if we can decentralize that, that would be a game changer!
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Also how close are we on the road map? Are there any competitors?
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Question...I love the idea but since everything is so decentralized and no creative control, how do you stop illegal content from being posted?
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my 2 BTC in chronobank ICO even with 30% bonus are now 0.864331 BTC ....that's like 57% loss in value....I wonder when will it start moving
BTC price was $775 on the 15th of Dec when you purchased TIME tokens. With 30% bonus for 2 BTC you have 200+60 = 260 TIME tokens. Your price was 1550/260 = $5.96 per token. Today's price is $24.34. You have more than x4 profit in less than a year. investing in Chronobank: BTC price was $775 on the 15th of Dec. Today's price is $7.203. You have more than x9 profit in less than a year.
¯\_(ツ)_/¯ To be fair: I still believe in this project, it is one of the few blockchain-projects which is useful for the real world. A undiscovered treasure with a big chance to moon soon  I'm also betting on Chronobank, I dont have as much compared to others here but CEO seems determined and working on this project and they have a good team of coders it seems. |
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I downloaded the app and sent my coins to the address but I noticed this app is syncing, which can take a long time. So I tried to put myself in a casual user's perspective. Does the person trying to rent space have to also wait for the program to finish synching? And if yes, then I wish they had a way around this so that those people don't have to wait around for the sync to complete.
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Is there any information published on how much space is actually being used on the Sia network? I'm not asking how much total space is available to use but rather how such space is being occupied right now?
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Why did they list Craig Wright as a guest at Bitkan??? He has no credibility whatsoever!
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