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1521  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2020, 01:02:36 AM
Guys.

My body is feeling pretty fucking ready right about now.
I still feel some sorrow that you sold so low.


why? if he has more coin and later the price goes stratospheric it makes no real difference what the price was that he just sold at in the end. if you sold corn at whatever price and now have enough fiat (or whatever) for your immediate plans, plus spare corn for later, its future value increase will surely suffice.

unless youre just a pure greed kinda guy. nothing wrong with that i guess but its not my gig.
1522  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2020, 12:20:53 PM
like, its still under 19k usd?

wtf i was promised gentleman.
1523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2020, 07:33:58 PM
Now how am I going to bring this dinosaur to life on a MX Linux laptop... Cool



I won't get my hopes up too high, but damn wouldn't that make a great story.

Agreed.  There has got to be some ways to boot up such hard drive to see if there are any wallets on there that might have some BTC/LTC... even fragments such as .5BTC might be worth the investigation. 

I am not a very technical peep, so probably I will read that others have responded to your post with better and more specific information, so in that regard, there are likely plenty of technical peeps here or able to direct you to a better thread for discussion of such matters.  Hopefully, you will report back regarding your getting into such disk and inspecting its contents.

a USB to PATA adapter was already mentioned upthread. and then a free program like everything to index it. or to be super thorough, use some other proggie to do a raw sector search for strings unique to wallet.dats

everything  --> https://www.voidtools.com/downloads/

i still have working PATA computers for those Ye Olde DOS Games days. and a REAL monitor none of that new fangles flat screen majik.
1524  Economy / Speculation / Re: [WO] Rent from the bank via an intermediary, rent directly from the bank—or...? on: November 19, 2020, 04:45:58 PM
The battle for $18k continues... currently $17988USD/$23555CAD (Bitcoinaverage).

checked just now at coinbase (ya i know) and it was at exactly 18,000. by the time i screen shotted it it was 18,035

guess ill try my snooze button again, this time hopefully at 19k

edit: now 17,985

stupid snooze button
1525  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: November 19, 2020, 11:26:45 AM
Just got a notice from the IRS, I owe them $1.9 million dollars, lol.  Coinbase assholes sent them a 1099-k  saying I had 3.7 million in payment transactions.  I wish it was 10% of that, talked to my accountant and we will send them docs to correct.

my coinbase 1099s have been some crazy numbers but thats not what the irs taxes you by, it just how much money has gone in and out of coinbase. that number is not the taxable amount its the total amount thats passed through. some is taxable (if you made a profit), some not (ie you lost money and also they dont tax money you sent there, even though those figures are included in the 1099). the irs gets a copy of that and i give a copy to my accountant also to send in with the rest of the paperwork.

to get the actual taxes owed i just import my coinbase (and other exchange) transactions into a crypto tax program and sent it all off to my accountant. so far not a peep from the irs.

I don't use Coinbase. However it doesn't make sense why they report to the IRS the amount of deposits/withdraws when they should just report the amount of PnL by the trades that took place.

If someone buys 1 BTC at $17.9K on one exchange, sends it to coinbase, then it will appear as if they received $17.9K with a cost basis of $0? If they also withdraw this amount weekly and send it back because they want to keep some on cold storage, won't each deposit also add up the balances? Hence I dont understand why they use this method.

Crypto taxes are a pain, especially if you are trading BTC pairs like ETHBTC because there is an extra step in calculations that need to be taken.

oh i agree 100% the 1st 1099 i got from them (before i know how they "calculated" it) was a real eye opener. its why i use a crypto tax program, it lines everything up from the various exchanges so everything comes out in an order and format the irs understands. then i check the actual straight up deposits/withdrawals to and from the bank and personal wallets (not trades, just money and btc in/out) to make sure they are correctly not taxed (they have not been). kinda a pain but then again taxes are not meant to be fun i guess.

theres a form that has as you say the real profit/loss (another variant of the 1099 i believe) but for whatever reason they dont use it.

i dislike coinbase for some past actions (especially that team they hired that had to do with tracking down that dude that was killed especially rankles me.. i forgot the details so i may have some of that wrong) but as a usa citizen, in the land of the *cough*  free, its one of the few legal on/off ramps i can use.

at least theyve never done me wrong and ive been with them close to a decade. thats about the only good thing i can say about them.

and yes they track the living shit outta you but i never expected otherwise.
1526  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: November 19, 2020, 02:01:58 AM
Just got a notice from the IRS, I owe them $1.9 million dollars, lol.  Coinbase assholes sent them a 1099-k  saying I had 3.7 million in payment transactions.  I wish it was 10% of that, talked to my accountant and we will send them docs to correct.

my coinbase 1099s have been some crazy numbers but thats not what the irs taxes you by, it just how much money has gone in and out of coinbase. that number is not the taxable amount its the total amount thats passed through. some is taxable (if you made a profit), some not (ie you lost money and also they dont tax money you sent there, even though those figures are included in the 1099). the irs gets a copy of that and i give a copy to my accountant also to send in with the rest of the paperwork.

to get the actual taxes owed i just import my coinbase (and other exchange) transactions into a crypto tax program and sent it all off to my accountant. so far not a peep from the irs.
1527  Bitcoin / Bitcoin Discussion / Re: Fees are now low.. take advantage of bech32 full segwit and save on: November 19, 2020, 01:37:26 AM
there is a disadvantage to consolidating all your addresses/inputs/whatevers. and that is say you have 10 btc spread in 20 or 30 addresses. maybe the most in one addy is 0.35 btc. if you send btc to someone from that addy thats all they see you have.. that 0.35 btc. if all had been consolidated that person now would know you have 10 btc.

i prefer a lot of various sized utxos to select from so that i can send just enough, and not give away how much coin i may have.

ill accept the extra cost.

edit: probably got some terminology wrong, feel free to correct please.
1528  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2020, 06:24:18 PM
Maybe we should make a list of things we bought with BTC and how much they now cost... What's sad is that most of those things are not worth any more now than they did when we bought them. So, we effectively gave something which was (still is, and very likely will be) hugely appreciating in value, to obtain something that has kept (and most likely lost) its value.

Not saying we should indefinitely HoDL. But wasting those precious sats when we can have what we want with our fiat income? Not so sure it's a wise move...

tl;dr: HoDL (for now). Don't waste BTC for a cup of coffee. It's meant for BIGGER things!

i bought like 5 games off steam when they took btc. id have to check the prices at the time but probably comes 15-20k USD per game at this price point today. so call it say around 100 grand. even played a couple of them. and didnt finish any of them.

edit

yeah had one of these too.


1529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2020, 09:16:38 PM
Coinbase down again? What a shit show.

https://status.pro.coinbase.com/

Oh dear, this is never a good sign when it's unexpected. I also just got the same error message  Undecided This usually means some whales want to pump or dump a large amount, I'd assume the latter personally. I'd like to believe the server is just "overloaded", but I remember the same thing happening last time we were around the same price a few years ago...

Edit: Price is still trading on Coinbase (from TradingView) despite the lack of access to Coinbase Pro...

best part? you can still xfer coins in (i just did and a block explorer says its confirmed, although really nothing can stop a xfer to an addy), but ya cant do anything useful with it atm as of course i cant see or access it on coinbase. i wonder if orders are still executing.

maybe ill dump coinbase and go the paypal route lol
1530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2020, 08:07:32 PM
I've put all science, math, TA and FA together and one conclusion I can make with certainty, is that vapourminer's snooze button sucks.



observing $16,932 USD at the place.

yawn. wake me up up 17,500 or thereabouts. so i can hit the snooze button again.

well its pretty well known that i can sleep through anything. or maybe the snooze button is worn out.

at this price i guess i can buy another alarm clock. one with an air horn hooked up to it or something.
1531  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2020, 11:28:34 AM
observing $16,932 USD at the place.

yawn. wake me up up 17,500 or thereabouts. so i can hit the snooze button again.

1532  Bitcoin / Bitcoin Discussion / Re: Bitcoin Regrets? Past BTC Sale(s that would look CRAZY Today! Poll. :( on: November 16, 2020, 05:45:23 PM
i regret testing oddball wallets back when btc was like $2 USD. send 5 or 10 btc to a test wallet, blow up the test wallet or lose it. in those days it was like pfffftt its only a few btc (worth maybe 10 or 15 bucks back then say) in the wallet, too little money to expend much time or effort into fixing or finding it. so i just basically forgot about them.

wish i had those blown/lost wallets now, i sure as heck would try to recover them these days  Tongue
1533  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees on: November 16, 2020, 04:24:33 PM
We all wondered what would happen with 'competing implementations' and this is doing an admirable job of informing us. It continues squabbling and splintering until it's an absolute laughable irrelevance.

Cheers, guys.

is this, like, paycoin 2.0 ? only slimier?
1534  Bitcoin / Bitcoin Discussion / Re: The Bitcoin movement launches its first limited edition streetware collection on: November 16, 2020, 12:34:24 PM
Bitcoin clothing.. The designs look decent and all, but that's definitely one great way to get $5 wrench attacked..

https://cryptosec.info/wrench-attack/

yeah i bought some bitcoin tshirts years ago (2014/15 i think). used to wear them out all the time.

now i dont. wrenches are getting more expensive than $5 bucks (inflation ya know) but they still hurt.
1535  Other / Serious discussion / Re: What wallet do you prefer? on: November 15, 2020, 01:24:10 PM
for desktop (small amounts) - core, and thats been since 2011 (i have and use the same wallet.dat that was created in 2011)
for phone (small amounts) - mycelium
for cold storage - paper
for general use - trezor
1536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2020, 12:52:35 PM
observing 15.995k USD at that exchange.

i can live with that. for now.

1537  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2020, 12:37:08 PM
Taking an extra 250mg of Thiamine (five times the usual dose) resolved all this within a matter of three days.

Five? Are you sure about that? The US RDA for Thiamine is about 1.2mg/day.

And you accept their suggestion?

the only figure i pay attention to concerning dosages are the LD50 amounts
1538  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: November 14, 2020, 01:34:03 PM
Its fun getting started with rigs again. 

i had withdrawal issues when i didnt have any gear running, always had seti/folding rigs before bitcoin or gpu/fpga/asics for bitcoin for the longest time. stopped for a year when asics became beasts that were not really home friendly and couldnt stand it, so built a gpu shitcoin rig just to have that nice white noise hum in the basement heh
1539  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 14, 2020, 12:57:15 PM
Maybe it's all those times my cats have pushed of my desk.

Se, now it missed "it".

And now "e"

See what I have to work with here.

couple of my keyboards have removable caps (gaming keyboards with mechanical switches) and one of my cats discovered how easy it is to pull caps off with her claws. she was very thorough, only left a few on, probably got bored.

now, loose keycaps skitter across hardwood floors extremely well and also fit down the air return vents in the floor. i just wound up buying a full replacement set.

i still find keycaps even now..
1540  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 14, 2020, 12:22:58 PM
NB I don't condone the use of organs without the expressed consent of their previous owners.

edit: Why the hell does a lambo cost more than a set of lungs installed?


yeah and the resale value of the lungs probably doesnt deprecate either. sounds like the better deal to me.

@phil. heres to a speedy recovery to you and your wife.
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