Archived threads in /biz/ - Business & Finance - 1092. page

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What do you guys do with cryptocurrencies that have no wallet? Just keep them on the exchanges wallet?

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you haven't missed it.

yet.

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Seems like these are interesting:
Decred
FunFair
Ripple

The above are all things I think I should be holding at least $5k of right.

BitDice
BlackMoon

I'd love to get in on these ICOs but they forbid US people. BlackMoon says they'll check before they send you the tokens and it seems like they'll just fucking keep your money or something, idk. BitDice apparently asks if you're from the US, and I'm not going to click 'no' on that because this isn't some porn site I told I was >18 when I was 13, this is a place with thousands of dollars on the line. I'm pretty sure lying in this case is called "fraud".

And I feel like I should be getting more ETH. More ETH forever. MORE MORE MORE

Also, I feel like now is a good time to buy the NEO dip.

And I feel some serious damn FOMO watching OMG go up the past couple days. I bought 1400 OMG at $8.60, now I'm wondering if I should buy more.

I bought 170 ETH between $290 and $354, so if I sold instead of hold, I will be realizing short-term capital gains that have to be taxed at around 40%.

Want to have money ready for BTC segwit2x hard fork. Want to go in deep on that one.

My holdings are

170 ETH
1400 OMG
220 - 300 NEO, not sure
8 ETH worth of TNT
50 LISK bought at ATH (sold 30 ETH, bought LISK, got weak hands, sold immediately at a small loss, but would have felt the whole thing was pointless if I didn't keep any, so I kept 50. then i bought back the ETH, paying more than I had initially sold it for. adding up the 50 LISK and the ETH I got back, total value of my portfolio had gone down by 1 ETH due to this panic FOMO buy so I hesitate to do another FOMO buy of OMG :( )
1.5 ETH worth of 0x
0.8 ETH worth CAT

FOMO buys of TNT, LISK, CAT, and 0x all resulted in losses. I also did a FOMO buy of BNB at its all-time high at the time of $2.78, which I later sold for like $2.58.

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Why is it everytime I see 50% 24hr gains in coins, it's ones /biz/ never talks about!?

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Redpill me on SVXY.

>Proshares Inverse VIX ETF

Outside of the few days of the year that have large downturns in the market, this thing seems to just go up. It even splits once it hits the $150 level to get back down to a reasonable price.

What am I missing here?

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So, Kim Dotcom is releasing Megaupload 2.0 based off of decentralization. If you're not a child you remember the history and success behind Megaupload.

Check out this screenshot taken directly from Kims video posted 4 days ago.

https://www.youtube.com/watch?v=HOAvSwX7Aqc

The only thing posted on this board that is a straight up fact, that whales have not seen yet.

Crypto is the ultimate redistribution of wealth, all it takes is a little research.

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I want to sell my enigma slot. But I have no idea how I would even accomplish that without being scammed by a pajeet.

What do?

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https://change-bank.com

What does biz think about this? Another scam or another gold mine in waiting?

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My fucking life

>Buy any coin at any time
>Instantly dips
>Hodl for a while thinking it will go up, after all that's what I read
>DO NOT PANIC SELL ANON, it'll be good they say
>Hesitantly check wallet balance everytime shitcoin moves to a lower price
>See balance getting absolutely ripped by the seconds
>All those sweet gains. Ruined. In 20 seconds.
>Fuck it I'm out
>"It's all good, I'll bring my losses back by the next trade!"
>Coin I just sold starts mooning again
>Move on to another coin, ignore previous coin
>Repeat

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Who here comfy gains this week dreading the upcoming dip this weekend?

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hello anons
on october 1 i will be receiving approximately $7000 with which i plan to become a millionaire over night

jk but srsly i will put ~5k into crypto. I currently have about 3k in crypto and seem to go up and down non-stop, been trading for 3 months and haven't made or lost shit.

are there any mid-term holds you consider a guarantee by early next year? i'm afraid i'm going to miss the OMG train this month, but there's no way for me to get the money any faster.

thanks for any help you can give

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hello fellow coiners from the USA.

tax evaders and foreigners: this thread is not for you. please don't shit up the thread.

this is a reminder that you may owe an estimated tax payment for the 6/1-8/31 payment period, due 9/15:
https://www.irs.gov/faqs/estimated-tax/individuals/individuals-2

the IRS is fully aware that there's going to be a metric fuckload of people with massive gains this quarter. total market cap was 82B on 6/1, and it'ss 166B now. if you don't pay the estimated tax now, you may owe penalties at the end of the year.

you have to pay now if both of the following apply:
>1. You expect to owe at least $1,000 in tax for 2017, after subtracting your withholding and refundable credits.
>2. You expect your withholding and refundable credits to be less than the smaller of:
>a. 90% of the tax to be shown on your 2017 tax return,
>or
>b. 100% of the tax shown on your 2016 tax return.

and to get it out of the way right off the bat - yes, every trade is taxable. even coin to coin trades. no, you can't use a 1031 like kind exchange for coin to coin transactions. we are all speculators trying to make massive gains and the IRS knows it - they will not bend the rules for us, ever. read this if you want more info:
https://klasing-associates.com/possible-1031-exchange-bitcoin-ethereum-electroniccrypto-currencies/

I hope your tax bill isn't too big anons.

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just had my first call with a VC for possible funding for my startup. Feels good man.

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What's a good exchange for trading shitcoins for someone based in the US. I tried using bittrex but I get the feeling that it's going to get goxed and gdax is too limited.

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Our God Kim Dotcom is implementing Storj with his new website, k.im

Buy your bags, become the next whales