infofront (OP)
Legendary
Offline
Activity: 2646
Merit: 2791
Shitcoin Minimalist
|
|
January 28, 2019, 02:37:15 PM |
|
anybody else get a totally whack 1099-K from Coinbase?
these numbers are absurd
1099-K is not a form that most individuals have ever seen. It is for reporting non-cash money flows - typically used to track credit card receipts for retailers and such. Why Coinbase thinks this is an appropriate filing for individuals is a mystery. I've not yet looked at mine this year. Last year's was yuuuge. But it did not tabulate any sort of profit, but rather sheer volume of transactions. I filed based on my own tabulation of capital gains, which was a scant fraction of the flows shown on the 1099-K. I have not (as of yet, anyway) been audited for 2017. So the figures you are seeing on your 1099-K are likely not absurd. Probably correct, just irrelevant.
|
|
|
|
Samarkand
|
|
January 28, 2019, 02:38:33 PM |
|
... And of course if LN works and transaction costs go really down. ...
I doubt that most centralized hubs will process transactions out of benevolence - they will take a cut from every transaction. Even if the Lightning Network works in practice (which is doubtful) and even if somehow it manages to gain traction in the African countries you still have the problem of funding LN channels in the first place. It would not be of much use to people in poorer countries when LN transactions are dirt cheap (which they probably will not be when the liquid LN hubs will be run by banks and exchanges), but to get started you would need to pay a 20 $ fee for the funding transaction on the BTC main layer.
|
|
|
|
kenzawak
|
|
January 28, 2019, 02:39:44 PM |
|
Crypto Exchange Liqui Is Shutting Down, Users Have 30 Days To Withdraw Assets https://coingape.com/liqui-crypto-exchange-shuts-down-liquidity/"Today January 28, 2019, Liqui has posted an official announcement that it will be closing down because it cannot continue providing the required services to its users. According to the announcement, users have 30 days from today to withdraw all their assets as all accounts will be shut down after that time."
|
|
|
|
Saint-loup
Legendary
Offline
Activity: 2688
Merit: 2406
|
|
January 28, 2019, 02:42:51 PM |
|
|
|
|
|
vroom
Legendary
Offline
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
|
|
January 28, 2019, 02:52:51 PM |
|
can you please add some explanation?
|
|
|
|
ssmc2
Legendary
Offline
Activity: 2002
Merit: 1040
|
|
January 28, 2019, 03:01:06 PM |
|
can you please add some explanation? We're going down
|
|
|
|
|
LFC_Bitcoin
Legendary
Offline
Activity: 3612
Merit: 9976
#1 VIP Crypto Casino
|
|
January 28, 2019, 03:04:50 PM |
|
Looks like we’ll go below $3,400
|
|
|
|
AlcoHoDL
Legendary
Offline
Activity: 2450
Merit: 4426
Addicted to HoDLing!
|
|
January 28, 2019, 03:06:21 PM |
|
Looks like we’ll go below $3,400 Good! I have 3k € waiting to buy BTC.
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2590
Merit: 12570
BTC + Crossfit, living life.
|
|
January 28, 2019, 03:08:00 PM |
|
Looks like we’ll go below $3,400 same as "looks like we'll go to 6-dig" or ??
|
|
|
|
LFC_Bitcoin
Legendary
Offline
Activity: 3612
Merit: 9976
#1 VIP Crypto Casino
|
|
January 28, 2019, 03:10:26 PM |
|
Looks like we’ll go below $3,400 same as "looks like we'll go to 6-dig" or ?? Oh yeah we definitely will hit 6 digits in a few years. I put some cash in the bank earlier, some is to buy bitcoin but I’m going to wait a few days incase we go lower.
|
|
|
|
nutildah
Legendary
Offline
Activity: 3066
Merit: 8252
|
|
January 28, 2019, 03:10:49 PM |
|
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2590
Merit: 12570
BTC + Crossfit, living life.
|
|
January 28, 2019, 03:15:30 PM |
|
Looks like we’ll go below $3,400 same as "looks like we'll go to 6-dig" or ?? Oh yeah we definitely will hit 6 digits in a few years. I put some cash in the bank earlier, some is to buy bitcoin but I’m going to wait a few days incase we go lower.
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2590
Merit: 12570
BTC + Crossfit, living life.
|
|
January 28, 2019, 03:19:07 PM |
|
no.... thats a lie, I would love a prequel (but same time its very dangerous to create a worthy prequel on that classic) .....
|
|
|
|
nutildah
Legendary
Offline
Activity: 3066
Merit: 8252
|
|
January 28, 2019, 03:20:35 PM |
|
no.... thats a lie, I would love a prequel (but same time its very dangerous to create a worthy prequel on that classic) .....
word. probably impossible to surpass or equal the original. I don't know why I love this GIF so much, but I do. As a grammar nazi the inappropriate apostrophe kind of itches me but its still hilarious.
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2590
Merit: 12570
BTC + Crossfit, living life.
|
|
January 28, 2019, 03:24:12 PM |
|
^ indeed "very difficult" and THX
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2590
Merit: 12570
BTC + Crossfit, living life.
|
|
January 28, 2019, 03:33:28 PM |
|
I just died a little bit inside or you were just fooling me and I did died a bit as well on the inside (but still with BTC rekt @the moment.... I wouldn't be able to see the big lebowski getting rekt as well because of a BAD prequel) so maybe its for the best
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2590
Merit: 12570
BTC + Crossfit, living life.
|
|
January 28, 2019, 03:34:32 PM |
|
|
|
|
|
shahzadafzal
Copper Member
Legendary
Offline
Activity: 1610
Merit: 2992
|
|
January 28, 2019, 03:35:50 PM |
|
Can some body please stop "Russia Today"!
|
|
|
|
infofront (OP)
Legendary
Offline
Activity: 2646
Merit: 2791
Shitcoin Minimalist
|
|
January 28, 2019, 03:36:54 PM |
|
Bitcoin took another shit, The Dude sold out, we're in for a week of record-breaking low temperatures here, and rumor has it that Trump is caving on the wall. What else can go wrong?
|
|
|
|
|