ATEOTD, the enemy boosted its coin value three fold.
Whether this will hold is anybody's guess....
Damn, just woke up, saw this, thought BCC was at 3k, disappointed because I would have sold the rest of stash for btc. Weird dream too, went on plane to France and told them I wanted to go to France because I was near an airport and wanted to go. Made it on plane, then checked to see how much bitcoin I had on the phone. Enough to enjoy the trip. Weird. |
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I'm kicking myself for dumping my BCH too early in the pump. Oh well - free BTC nonetheless.
Eh, things happen. 1k was enough for me to finally download a crap-ton of wallet tools to get the seeds and get things moved. Worked out, just took a day of work. |
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I know. It's so nice for Bitmain to give back all those bitcoins they have been mining.
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Post the advanced logs, it's in there.
You can check voltage at the 4 pin old disk plug.
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Well, one interesting question is how is the hash rate at BTC doing. Miners all quitting it?
C
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OH CRAP, BCH IS TANKING! THERE GOES THAT!
Wait, I moved 75% of it into bitcoin at 1300. Gee thanks Bitmain for getting me off my ass to split my wallets. The other 25% can just be around to laugh at.
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Im sitting in a business meeting and trying hard not to touch myself......
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I don't know. But it is perfectly righteous.
Much like Bitcoin.....
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I love how this makes so much sense to me. Seriously, really hits close to home.  Indeed. It captures my sentiments on Bitcoin perfectly. |
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Meantime ye olde bitcoin is back at 7250 and perking along.
C
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That's going to be a taxable fustercluck. Interesting to see what happens with it. C |
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This brings up an interesting tax thought:
If you sell your bitcoin cash for cash then you have to pay the difference between either 0 or the strike price as a profit. This is not unusual and makes sense.
However if you take your bitcoin cash and switch it into bitcoin again what happens? Technically when it split off it reduced the value of bitcoin by its value. Ok, fair enough. But if it had remained bitcoin and bitcoin went up more than bitcoin cash has isn't it technically a capital loss? Or if a gain only the differential between the bitcoin value at the time and now applied to any bitcoins sold after that time that may have been some of the bitcoin cash coins (assuming one is using LIFO, most people want to use FIFO for capital gains thus they would be screwed)?
These are the things I think about while the dryer is running with my pants in it.
Could you expand why most people want to use FIFO instead of LIFO? I would think LIFO would give you the least amount of capital gains. FUCK I KEEP SCREWING THOSE UP! CG taxes are based on how long you have owned the asset. Normally you want to sell the oldest bitcoins first since the CG rate will be lower. I run a business fixing miners so I earn coins, then spend a portion immediately for inventory, parts, shipping, etc. I like this because it leaves me with the least fluctuation on which I have to pay capital gains but they are at the short term rate, not long term. If I sold my whole stash I would pay a fair bit at the ST rate until I hit coins that were over a year old at which point I would hit the LT rate. But the upshot is that coins I sell now are not the ones that had the BTC stripped off them. |
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This brings up an interesting tax thought:
If you sell your bitcoin cash for cash then you have to pay the difference between either 0 or the strike price as a profit. This is not unusual and makes sense.
However if you take your bitcoin cash and switch it into bitcoin again what happens? Technically when it split off it reduced the value of bitcoin by its value. Ok, fair enough. But if it had remained bitcoin and bitcoin went up more than bitcoin cash has isn't it technically a capital loss? Or if a gain only the differential between the bitcoin value at the time and now applied to any bitcoins sold after that time that may have been some of the bitcoin cash coins (assuming one is using LIFO, most people want to use FIFO for capital gains thus they would be screwed)?
These are the things I think about while the dryer is running with my pants in it.
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Ask if they have another board. Also does anyone know anyone at Cannan who can share a schematic for this bridgeboard. I'm fuzzing it out now, but it is of course slow going...
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Yep, toot toot!
Looks like last weekend was a cheap coins opportunity....
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Hm. I wonder if he is using the right cable on the AUC-Miner. It's not a crossover cable from Amazon by chance, is it?
could be they sell them but bad auc 3's have been an issue the avalon thread talks about it True. Can you do the same trick with 741's as A6's by tying them directly into the RPI's io ports, bypassing the stupid AUC? |
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Hm. I wonder if he is using the right cable on the AUC-Miner. It's not a crossover cable from Amazon by chance, is it?
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Another possibility if you plug and unplug with power on there will be a little spark and burn each time. That becomes an insulator which makes the plug warm which increases resistance and so forth..
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Well, that silliness is done. Time for Bitcoin to get going again, CCMF dude...  |
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Right now it's looking to be like watching a slow-motion abortion. I'm going to grab a beer, everyone just move into litecoin :-)
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would get a boner from this!
