r0ach
Legendary
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Activity: 1260
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 24, 2016, 01:06:22 AM |
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smooth (OP)
Legendary
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March 24, 2016, 01:09:01 AM |
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I agree the accumulation has been quite obvious.
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smooth (OP)
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March 24, 2016, 01:10:38 AM |
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I disagree that Monero is not useful. I store my savings in it. I use it to buy goods using XMR.to. I play games with it at Crypto Kingdom. Maybe next I'll work out a deal to pay my rent with it. Most importantly I use it to keep as much of my hard earned money out of those grubby banks.
I agree with part of that. For someone who isn't an aggressive speculator, "storing savings" in it is a bit much. Nothing wrong with being a speculator, but it isn't for everyone.
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vuduchyld
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March 24, 2016, 01:21:04 AM |
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I disagree that Monero is not useful. I store my savings in it. I use it to buy goods using XMR.to. I play games with it at Crypto Kingdom. Maybe next I'll work out a deal to pay my rent with it. Most importantly I use it to keep as much of my hard earned money out of those grubby banks.
Ballsy. I like it. I am going to start using XMR.to for e-liquid on my next order. I have a jobby job, but I also have a side practice through which I earn, at times of the year, far more than my salary by doing certified business valuations. In the last six months, I have started to do quite a bit of 409A valuation work for start-ups that are looking to set option strikes. I'm hoping to start getting paid for as much valuation work as possible in XMR.
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saddambitcoin
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March 24, 2016, 01:31:14 AM |
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I disagree that Monero is not useful. I store my savings in it. I use it to buy goods using XMR.to. I play games with it at Crypto Kingdom. Maybe next I'll work out a deal to pay my rent with it. Most importantly I use it to keep as much of my hard earned money out of those grubby banks.
I agree with part of that. For someone who isn't an aggressive speculator, "storing savings" in it is a bit much. Nothing wrong with being a speculator, but it isn't for everyone. Right. Depending on the person, buying any amount is more risk than they want to take. There have been two multi-month periods where I could not touch my XMR since it was at a loss. Don't keep any funds you absolutely need to live on in Monero, that's not sane. I think that I am not risky compared to those that take out loans to buy XMR or trade on margin, but some may say I am still risky.
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birr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 24, 2016, 02:21:23 AM |
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You need a cushion of less volatile liquid assets to get you through the doldrums.
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xnova
Sr. Member
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Counterparty Developer
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March 24, 2016, 02:31:54 AM |
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...
In the US, at least, that is most likely incorrect. Crypto doesn't have to convert to USD to be taxable. For example, the rules are very clear that mining bitcoin counts as income when the coins are received. And if you purchase something for crypto, that is also a taxable vent.
And interest on lending, whether margin or otherwise. is income. So interest from margin lending crypto is most likely is income, you pay taxes on the value received as received, and your basis on the monero received is equal to that value.
It is also the same in Canada. Another example is let us say one sells Bitcoin for Monero, then this would trigger a capital gain or loss on the Bitcoin based on the fair market value of the Bitcoin in Canadian Dollars at the time of the sale. Such a burdensome accounting regime assures noncompliance. Which is probably the purpose. I have made literally thousands of Monero and Bitcoin trades and transactions this year already. I have no idea how I will go about filing taxes for 2016. It is absurd that I want to be a legal and tax compliant citizen in this manner, but will be assuredly unable to without spending hundreds or thousands of dollars on tax professionals to help me understand and calculate my tax burden. If I were to try to tabulate it myself I am likely looking at hundreds of hours of work. This cannot go on like this - I will do my best but the days of crypto being three different forms of assets with unbearable associated tax rules have to end. It's not really that big a deal. You download the data and use a spreadsheet or small program to calculate gains and losses. There is no reason to spend hours and hours manually going through every trade. Also, consider https://www.tyracpa.com/like-kind-exchange-treatment-crypto-currencies/ though you probably do want to work with a professional on that. Check out http://bitcoin.tax It supports altcoins (just pay $19 or whatever for the full version). Imports from exchanges, etc. Once you learn how to work with it, it's money well spent.
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generalizethis
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Activity: 1750
Merit: 1036
Facts are more efficient than fud
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March 24, 2016, 02:42:59 AM |
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Making a good luck post here on page 777. Here's hoping we hit a jackpot on Monero price as more GPU miners turn their attentions towards the network (making us stronger) and more Bitcoin maximalists realize we are an opportunity not seen since the original Blockchain back in 2009, giving us social legitimacy. The future is bright here in Moonero land. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FUadVa0U.jpg&t=665&c=oeIxe5D1050t4A) The boat should be closer to the moon, then you have a space yacht. And everyone should have the goal of a space yacht--what's the point of the moon if you can't cruise around in a space yacht?
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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March 24, 2016, 03:07:36 AM |
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Solo mine it baby!
got 50 hash/seconds running ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) good old times... I solo mined 8 blocks with my CPU in the first weeks of Monero ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Old School Monero Gangster Miner or OSMGM.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 24, 2016, 03:28:53 AM |
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Hehe, fun times, I've got 32% of total hash rate, should i try to DOUBLE SPEND ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Lol yeah sure we all believe you. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Another 'legendary' idiot. I posted the list of blocks found on the main monero thread, I was solving 32% of all blocks for over one hour. Once Onishin (crypto-pool.fr) got his pool fixed it dropped down to 12% 1009943 54 to go 1378150793 3f78375a031bd929c43311a6424673041ff2bffb92b2e530df23ad6ba3b8f223 3/23/2016, 11:14:04 PM 93% 1009940 51 to go 1385523223 59ab707e619c9944fb29f44d2504e3ac72629e46ec17197030671d1f4e0e7e4c 3/23/2016, 11:10:08 PM 79% 1009934 45 to go 1403390081 85fb7777623100fbc2ba40ba5a2ece7bf2675c56270471eb80eb9e46656a044c 3/23/2016, 10:57:02 PM 94% 1009930 41 to go 1412466726 22a8abddc8ce7942bafd4313c4dc8d361b0b6e8bb62225aef40b32cc9a52154a 3/23/2016, 10:53:10 PM 92% 1009929 40 to go 1442407986 3d9a3bd994249d4c4316057580742b394785b838382423723ca3028b19078f99 3/23/2016, 10:48:04 PM 11% 1009907 18 to go 1558112984 a80beac2f3fb979b7cae9c3861dfff31d01877f1e9b79e671b4e5aa076a0fdba 3/23/2016, 9:51:26 PM -55% 1009853 1627572355 2a97ce44a2e81d932a804668a93f2dd6670154283c04dd0005eeb1a8db47cdd5 3/23/2016, 7:20:59 PM 78% 1009852 1621258227 7750098e01c2c457c5e90639883b6be73decb1442931a3bdc018244c6cf75e60 3/23/2016, 7:05:24 PM 83% 1009849 1618724176 f20dfbe79664394d9b9920ea7095f516a24b5693f9166a10dbfe63f7db1ddf82 3/23/2016, 6:52:46 PM 84% 1009845 1613905042 4977c235f696284b55a42207933c4f045f647ea73efce1e2c280370d0754fc24 3/23/2016, 6:41:44 PM 79% 1009843 1621581315 a4a02510f2f376dff190c59486b370a022f01d45683b62bda83a4708bccdf36e 3/23/2016, 6:26:49 PM 48% 1009833 1609202846 a937fead88d2a438e11eeaf0e8596dc0cb92a028831104a02406d9734dbb3718 3/23/2016, 5:48:13 PM 94% 1009831 1602611350 65b2b5031e39702b8c5130d6254653cd00fbc7fe1bfd0b6be2664ac98776f09a 3/23/2016, 5:43:46 PM 84%
What's wrong buddy? You sound butthurt. I said "yeah sure we all believe you" And you call me an idiot..lol
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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25hashcoin
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March 24, 2016, 03:42:52 AM |
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The boat should be closer to the moon, then you have a space yacht. And everyone should have the goal of a space yacht--what's the point of the moon if you can't cruise around in a space yacht?
This is a valid point.
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Bitcoin - Peer to Peer Electronic CASH
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 24, 2016, 04:38:18 AM |
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if anyone is interested i'm cross posting this here: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FEi7kl7gl.jpg&t=665&c=445crMm2qymF5A) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4btBjSvl.jpg&t=665&c=z3hUqzzrlgZ9Ww) Auctioning TWO physical silver Cryptonic MONERO coins. Payment method accepted - Monero (XMR) Only Starting Bid - 30XMR Minimum Bid increments - 0.25 XMR Auction will end on or around March 31st, 2016. There is no specific time the auction will end, so get your bids in early. Shipping will be paid by the winner - You tell me how you want to ship the coins and cost will be paid in equivalent XMR. This is the specifications on their website (cryptonic.net): "1.08 oz 0.999 Fine Silver 1.5'' coin in plastic capsule."
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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opennux
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March 24, 2016, 05:18:25 AM |
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Making a good luck post here on page 777. Here's hoping we hit a jackpot on Monero price as more GPU miners turn their attentions towards the network (making us stronger) and more Bitcoin maximalists realize we are an opportunity not seen since the original Blockchain back in 2009, giving us social legitimacy. The future is bright here in Moonero land.
The boat should be closer to the moon, then you have a space yacht. And everyone should have the goal of a space yacht--what's the point of the moon if you can't cruise around in a space yacht? I fear too many will lose their monero in terrible terrible space shuttle accidents! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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explorer
Legendary
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Activity: 2016
Merit: 1259
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March 24, 2016, 05:42:12 AM |
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Making a good luck post here on page 777. Here's hoping we hit a jackpot on Monero price as more GPU miners turn their attentions towards the network (making us stronger) and more Bitcoin maximalists realize we are an opportunity not seen since the original Blockchain back in 2009, giving us social legitimacy. The future is bright here in Moonero land.
The boat should be closer to the moon, then you have a space yacht. And everyone should have the goal of a space yacht--what's the point of the moon if you can't cruise around in a space yacht? I fear too many will lose their monero in terrible terrible space shuttle accidents! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) And we ALL know boats and crypto don't play nice together.
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thelibertycap
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March 24, 2016, 06:38:14 AM |
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smooth -- have you tried? It's not so simple or so easy as you say. I've done thousands of trades using bots on finex, etc. This is going back a couple of years. I hired a professional accountant, who billed himself as conversant in bitcoin, and couldn't do my taxes even with his help.
Yes I've done exactly what I wrote. Download/export the logs, and process with a program or spreadsheet into realized gains/losses. In some cases you might not be able to do this (exchange out of business, etc.), so you do the best you can with the information available. It's not a matter of what you started out with and how much you ended up with.
Agree. btw, in the case of xmr/btc trading, there are no realized gains until you convert to USD, right?
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smooth (OP)
Legendary
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Activity: 2968
Merit: 1198
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March 24, 2016, 06:54:54 AM |
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smooth -- have you tried? It's not so simple or so easy as you say. I've done thousands of trades using bots on finex, etc. This is going back a couple of years. I hired a professional accountant, who billed himself as conversant in bitcoin, and couldn't do my taxes even with his help.
Yes I've done exactly what I wrote. Download/export the logs, and process with a program or spreadsheet into realized gains/losses. In some cases you might not be able to do this (exchange out of business, etc.), so you do the best you can with the information available. It's not a matter of what you started out with and how much you ended up with.
Agree. btw, in the case of xmr/btc trading, there are no realized gains until you convert to USD, right? You really need to consult with an expert or research it yourself and come to a conclusion you are comfortable with. This post (link below) suggests that there may not be, assuming you satisfy all the requirements. I'm sure there are others who disagree and different traders, especially in different countries, will likely have different rules. Link: https://www.tyracpa.com/like-kind-exchange-treatment-crypto-currencies/
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regexlove
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March 24, 2016, 09:19:27 AM |
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Oh Monero was a pumpers paradise, that's all it was noooow, Pumpers paradise, that's all it was. Now it is laughing when there ain't no jokes Every short squeeze got an ego to feed Every long squeeze got an ego to feed A pumpers paradise, I'm sorry for the victim now
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meme magic
Member
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Offline
Activity: 115
Merit: 10
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March 24, 2016, 09:25:46 AM |
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Oh Monero was a pumpers paradise, that's all it was noooow, Pumpers paradise, that's all it was. Now it is laughing when there ain't no jokes Every short squeeze got an ego to feed Every long squeeze got an ego to feed A pumpers paradise, I'm sorry for the victim now
25 xmr to sing that and put it on youtube, im tone deaf.
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kurious
Legendary
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March 24, 2016, 10:33:20 AM |
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Error: Failed to parse block at Object.BlockTemplate.nextBlob (/root/test/cryptonote-universal-pool/lib/pool.js:120:23) at Object.Miner.getJob (/root/test/cryptonote-universal-pool/lib/pool.js:297:41) at handleMinerMethod (/root/test/cryptonote-universal-pool/lib/pool.js:492:28) at handleMessage (/root/test/cryptonote-universal-pool/lib/pool.js:606:13) at Socket.socket.on.on.on.pushMessage (/root/test/cryptonote-universal-pool/lib/pool.js:660:25) at Socket.EventEmitter.emit (events.js:95:17) at Socket.<anonymous> (_stream_readable.js:746:14) at Socket.EventEmitter.emit (events.js:92:17) at emitReadable_ (_stream_readable.js:408:10) at emitReadable (_stream_readable.js:404:5)
cryptonote-universal-pool wont run after the fork. node-cryptonote-pool works just fine
What should be done to fix the error?!!!!!Primer's was fixed. You're out of date, there is no problem. Nice to see someone new in the thread all the same ;-)
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我想要火箭和火车
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dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
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March 24, 2016, 10:37:22 AM |
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Error: Failed to parse block at Object.BlockTemplate.nextBlob (/root/test/cryptonote-universal-pool/lib/pool.js:120:23) at Object.Miner.getJob (/root/test/cryptonote-universal-pool/lib/pool.js:297:41) at handleMinerMethod (/root/test/cryptonote-universal-pool/lib/pool.js:492:28) at handleMessage (/root/test/cryptonote-universal-pool/lib/pool.js:606:13) at Socket.socket.on.on.on.pushMessage (/root/test/cryptonote-universal-pool/lib/pool.js:660:25) at Socket.EventEmitter.emit (events.js:95:17) at Socket.<anonymous> (_stream_readable.js:746:14) at Socket.EventEmitter.emit (events.js:92:17) at emitReadable_ (_stream_readable.js:408:10) at emitReadable (_stream_readable.js:404:5)
cryptonote-universal-pool wont run after the fork. node-cryptonote-pool works just fine
What should be done to fix the error?!!!!!Fix from osensei: Alternatively, use: https://github.com/zone117x/node-cryptonote-pool
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