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Question: What happens first:
New ATH - 43 (69.4%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26405526 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
jojo69
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April 15, 2018, 06:34:51 PM


Ummm...  How does the security 'expert's account get hacked?

they jacked his phone account, that can happen to anyone
HI-TEC99
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April 15, 2018, 07:18:30 PM
Last edit: April 15, 2018, 07:37:11 PM by HI-TEC99


Also, he somehow managed to go from >100m to 4m during the financial crisis, which makes his calls... questionable.


His calls are total shit. Doge crashed ever since he made it his coin of the week on 8 Jan. Shorting his coin of the week will make you rich. Taking his advice will make you rekt.

Yeah I was watching his calls to see if there were any predictable patterns. But I ended up too lazy to accumulate random shit just to short his calls and sticked with my usual strategy instead. Still waiting to see how the ICOs he endorses turn out in the future. As far as I'm aware he takes a ~30% cut of the raised funds plus another 30% of the tokens for his shilling, and with those numbers I wouldn't expect too much due diligence on his part.

You guys missed the memo!

McAfee's account was hacked.  He says he NEVER does the Coin of the Week.
I would say that too after such a colossal failure. Initially he was inviting people to hack him, then he "got hacked briefly and regained access" and now it's him never having done any calls? How convenient after nothing took off.



Why's the doge tweet not been deleted if he "got hacked" and has now regained control of his account?

https://twitter.com/officialmcafee/status/950367832642113538?lang=en

edit

According to rt he does do a coin of the week. He stopped doing a coin of the day just before the "hack" and swapped to doing a coin of the week.

https://www.rt.com/news/414497-mcafee-twitter-hacked-cryptocurrency/

Quote
Cryptocurrency enthusiast and cybersecurity pioneer John McAfee claims that his Twitter account was compromised by an unknown offender who fraudulently promoted “undervalued” digital coins to his thousands of followers.

The now deleted tweets imitated his ‘coin of the day’ posts, which the cyber security expert stopped posting a few days ago, indicating instead that he will write each Monday on a “coin of the week.”
mindrust
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April 15, 2018, 07:29:40 PM


Ummm...  How does the security 'expert's account get hacked?

they jacked his phone account, that can happen to anyone

I remember north-face's founder died of hypothermia.
infofront (OP)
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April 15, 2018, 07:29:58 PM

According to Kredit Karma, almost no one is reporting cryptocurrency gains on their taxes.

It should be noted, that most of Kredit Karma's customers are people with bad credit. One could speculate that they likely haven't bought crypto anyway.
B1tUnl0ck3r
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April 15, 2018, 07:31:00 PM


Ummm...  How does the security 'expert's account get hacked?

they jacked his phone account, that can happen to anyone

I remember north-face's founder died of hypothermia.

Does the weather affects your trading (or gif posting)? I never saw a rocket launch with snow.... only in russia Smiley.
cAPSLOCK
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April 15, 2018, 07:42:24 PM

According to Kredit Karma, almost no one is reporting cryptocurrency gains on their taxes.

It should be noted, that most of Kredit Karma's customers are people with bad credit. One could speculate that they likely haven't bought crypto anyway.
I think this news is premature.  Most crypto holders will file as late as possible since they are writing big checks.  I will send my check TUESDAY.  After then we can begin to see who is reporting.  Also this does not consider extensions.

That said I'll not be surprised if we see underreporting.  But numbers we see now are too early.
Ibian
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April 15, 2018, 07:42:41 PM

The first thing I do with any new laptop is remove anything mcafee.
HairyMaclairy
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April 15, 2018, 07:43:48 PM

Nice to see bcash lol supporters taking advantage of terabyte sized blocks


Rosewater Foundation
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April 15, 2018, 07:48:58 PM

Again, I could be way out of line here, but look at this for a minute. And this is the cream of the crop. There are 'conferences' all over the place, doing 'talks'
Really? Is this Bitcoin now? 'FinTech'. Give me one good reason.
It's not amazing.


Seems like even those conferences are into bands. A crypto band?





"Tatiana Moroz: is an American folk singer-songwriter, liberty activist, and peaceful revolutionary, Tatiana Moroz is pioneering creative autonomy and freedom as the creator of the world’s first artist cryptocurrency Tatiana Coin. Tatiana merges music with modern technology to encourage social awareness. She helps renew the power of songwriters to unite our communities. Her inspiring 3rd album “Keep The Faith” was released in 2017."

Step right up.
B1tUnl0ck3r
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April 15, 2018, 07:58:26 PM

dear Gentlemen,

IMPORTANT WARNING : OUR ENTIRE APPARTUSES MOVE TO WAR AGAINST THE SO CALLED FREE MASSON.

Please clean your desk, ASAP.

thank you

ps it's to save your lives, be safe rather than sorry.

entire appartus : fsb/gru/svd - mss - mossad - vatican - sunni islam.

reason: they enslave, don't share, don't free.

act, please for your safety, I like you (the speculative operators)

thank you for your safety to not disgard this message but forward it to your chain of command.

Thank you.
Elwar
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April 15, 2018, 07:59:02 PM

According to Kredit Karma, almost no one is reporting cryptocurrency gains on their taxes.

It should be noted, that most of Kredit Karma's customers are people with bad credit. One could speculate that they likely haven't bought crypto anyway.

I paid mine. Long and tedious, especially with the high amount of bitcoin spending I do.

I didn't use any bitcoin tools to do so so it took a lot of hand jamming.
explorer
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April 15, 2018, 07:59:05 PM

The first thing I do with any new laptop is remove anything mcafee.

purism
Elwar
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April 15, 2018, 08:03:53 PM
Merited by jbreher (1)

"Tatiana Moroz: is an American folk singer-songwriter, liberty activist, and peaceful revolutionary, Tatiana Moroz is pioneering creative autonomy and freedom as the creator of the world’s first artist cryptocurrency Tatiana Coin. Tatiana merges music with modern technology to encourage social awareness. She helps renew the power of songwriters to unite our communities. Her inspiring 3rd album “Keep The Faith” was released in 2017."

I remember when social awareness was just called education. Or being educated.

But I guess it's not PC to say someone is educated because there are soooo many stupid people out there that at most they can be aware of things.

My social awareness duty for the day: there is breast cancer out there. There, now you are aware. #breastcancerawareness
atrocityx
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April 15, 2018, 08:06:34 PM

Quote
I think this news is premature.  Most crypto holders will file as late as possible since they are writing big checks.  I will send my check TUESDAY.  After then we can begin to see who is reporting.  Also this does not consider extensions.

That said I'll not be surprised if we see underreporting.  But numbers we see now are too early.

I kind of agree, but I still think lots aren't reporting at all.  I called my accountant ahead of time and he said that unless they send out official 1099s from an exchange he wouldn't worry about it (as if it were a joke to file).  I then explained that I did receive a 1099 (from one exchange) and had a compiled a 319 page 8949 using API software and bottom line figures  (which had a few missing cost basis items from a DEX and a wallet but whatever, I may have overpaid a couple of hundred dollars).  The perception is, right or wrong, that people will continue getting away with it.  I'm more afraid of getting future audits years from now over getting caught currently if I didn't file.  I also feel like because of the things I've read online, his reaction, and the sheer amount of effort it takes to even create these forms.. that most people won't know it is required, refuse to do it, or won't know how to with no one to approach including most accountants.  The timing though does line up with your statement though because I just today wrote a check for the amount of taxes I owed.. and even though I think the number of people who waited til today or Tuesday is in the minority..  I am one of them so my logic may be flawed.  
Ibian
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April 15, 2018, 08:07:53 PM

"Tatiana Moroz: is an American folk singer-songwriter, liberty activist, and peaceful revolutionary, Tatiana Moroz is pioneering creative autonomy and freedom as the creator of the world’s first artist cryptocurrency Tatiana Coin. Tatiana merges music with modern technology to encourage social awareness. She helps renew the power of songwriters to unite our communities. Her inspiring 3rd album “Keep The Faith” was released in 2017."

I remember when social awareness was just called education. Or being educated.

But I guess it's not PC to say someone is educated because there are soooo many stupid people out there that at most they can be aware of things.

My social awareness duty for the day: there is breast cancer out there. There, now you are aware. #breastcancerawareness
But is it male breast cancer?
Rosewater Foundation
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April 15, 2018, 08:09:17 PM

"Tatiana Moroz: is an American folk singer-songwriter, liberty activist, and peaceful revolutionary, Tatiana Moroz is pioneering creative autonomy and freedom as the creator of the world’s first artist cryptocurrency Tatiana Coin. Tatiana merges music with modern technology to encourage social awareness. She helps renew the power of songwriters to unite our communities. Her inspiring 3rd album “Keep The Faith” was released in 2017."

I remember when social awareness was just called education. Or being educated.

But I guess it's not PC to say someone is educated because there are soooo many stupid people out there that at most they can be aware of things.

My social awareness duty for the day: there is breast cancer out there. There, now you are aware. #breastcancerawareness

There was an Ebola Coin once. Not exactly sure where the proceeds went, but it raised social awareness about the Ebola. Probably.
Torque
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April 15, 2018, 08:09:43 PM

Again, I could be way out of line here, but look at this for a minute. And this is the cream of the crop. There are 'conferences' all over the place, doing 'talks'
Really? Is this Bitcoin now? 'FinTech'. Give me one good reason.
It's not amazing.

No it's not amazing. Just a bunch of young people doing a mindshare grab for "Blockchain expert" just to find a high paying job somewhere. I only count about 2-3 people in that roster that I would consider actual crypto experts.

But hey it could be worse. Just wait, in 5-10 years when you see a speaker lineup like that and it's all 40-50 yr old men and women in suits with the "Executive such and such of Blockchain" title, you'll know the crypto/blockchain industry has been completely taken over and compromised by the FinTech nimwit snake oil sales and marketing people.
HI-TEC99
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April 15, 2018, 08:10:53 PM


Most crypto holders will file as late as possible since they are writing big checks.  I will send my check TUESDAY.  

Can you do that? Reuters says the deadline is Tuesday 17th, but I thought that means they have to receive your payment by Tuesday.


https://www.reuters.com/article/us-bitcoin-taxes/few-americans-reporting-cryptocurrency-trading-to-irs-for-now-report-idUSKBN1FX0RF

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The deadline for filing taxes this is year is April 17.
starmman
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April 15, 2018, 08:11:53 PM

Quote
I think this news is premature.  Most crypto holders will file as late as possible since they are writing big checks.  I will send my check TUESDAY.  After then we can begin to see who is reporting.  Also this does not consider extensions.

That said I'll not be surprised if we see underreporting.  But numbers we see now are too early.

I kind of agree, but I still think lots aren't reporting at all.  I called my accountant ahead of time and he said that unless they send out official 1099s from an exchange he wouldn't worry about it (as if it were a joke to file).  I then explained that I did receive a 1099 (from one exchange) and had a compiled a 319 page 8949 using API software and bottom line figures  (which had a few missing cost basis items from a DEX and a wallet but whatever, I may have overpaid a couple of hundred dollars.  The perception is, right or wrong, that people will continue getting away with it.  I'm more afraid of getting future audits years from now over getting caught now that I feel like because of the things I've read online, his reaction, and the sheer amount of effort it takes to even create these forms.. that most people won't know it is required, refuse to do it, or won't know how to with no one to approach including most accountants.  The timing though does line up with your statement though because I just today wrote a check for the amount of taxes I owed.. and even though I think the number of people who waited til today or Tuesday is in the minority..  I am one of them so my logic may be flawed.  

I decided to pay top line income tax, but only on realised gains - if they decide to tax non-realised profits - I don't have a clue how much I'd have to pay, hope that's okay - the rules on how to pay tax are really sketchy
Ibian
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April 15, 2018, 08:12:39 PM

Again, I could be way out of line here, but look at this for a minute. And this is the cream of the crop. There are 'conferences' all over the place, doing 'talks'
Really? Is this Bitcoin now? 'FinTech'. Give me one good reason.
It's not amazing.

No it's not amazing. Just a bunch of young people doing a mindshare grab for "Blockchain expert" just to find a high paying job somewhere. I only count about 2 people in that roster that I would consider actual experts.

But hey it could be worse. Just wait, in 5-10 years when you see a speaker lineup like that and it's all 40-50 yr old men and women in suits with the "Executive such and such" title, you'll know the crypto/blockchain industry has been completely taken over and compromised by the FinTech nimwit snake oil salespeople.
This is always how it goes. Visionaries and geniuses Build Stuff, and then They come in and take it over.

Years ago I saw my first pink laptop in the local shop. That's when I knew the age of technology doubling in power and effectiveness every few years was at an end. And sure enough.
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