Been 3 days still not verified.
How long is this shit going to take me? I'm afraid I'm going to miss out on something
you're best off signing up to some other exchanges for now and wait with kraken, their service is actually good but the verification takes 89234239492349234892349 years
It took me 4 weeks to get tier 2 and 3 months later I am still waiting for tier 3 with no answer from their support.
>>2462731
What are the next best exchanges besides kraken, bitcoin?
>regulation is coming
Digital currencies, and the distributed ledger technology that underpins them, have the potential to bring innovative services and products to UK customers and firms – particularly in areas like international transfers.
The Chancellor announced in March 2015 that the Government will bring digital currency exchange firms into regulation in the UK to help the legitimate industry flourish, and to create a hostile environment for illicit actors. We will publish proposals on this regulatory regime in due course.
As outlined in Deputy Governor, Ben Broadbent’s recent speech, the Bank of England is also exploring this emerging sector and the implications it could have for monetary and financial stability as part of its broader research agenda.
Separately, academics at University College London’s (UCL) digital currency research centre have also been looking at how the distributed ledger technology that underpins digital currencies could be harnessed by central banks. The Government is encouraged to see this research from one of the UK’s world-leading universities. However, this a theoretical paper by an independent institution, separate from the Bank of England’s work and from Government policy.
It is the Government’s ambition to foster the growth of legitimate digital currency firms as part of the wider FinTech ecosystem here in the UK. As part of this, the Government will consider the wider implications of a growing digital currencies sector for the financial services sector and the economy as a whole. Some parts of Government are also looking at how the benefits of distributed ledger technology can be harnessed to deliver greater innovation. However, the Government and the Bank of England do not currently have any plans to introduce a centrally issued digital currency.
The UK has been rated as having the world’s leading FinTech ecosystem in a recent global benchmarking exercise and attracted c. £524mn in investment in 2015.
Joooos are coming. will be the old system just with more computers this time.
>>2462716
http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2016-03-17/31545/
http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2016-03-17/31559/
http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2016-03-17/31558/
http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2016-03-17/31556/
>>2462716
britcucks have never approved of freedom. what's new?
Do you mine ETH? How?
You don't.
You buy and hold
>>2462709
>>2462720
>be January, see new company I know shitfuckall about
>laugh them off and pick fucking bakery corporation stock "because it's always been around/always stable"
>bakery corp dies
>Ethereum skyrockets
>feels like i'm 100% pic-related-level retard
Fuck my intuitive cynicism.
>>2462709
What is Google?
>buying into the dip now
>not saving your money to buy into the REAL dip on August 1st
why oh why would there be a real dip? wouldn't it just skyrocket in price to higher than ever?
>>2462599
>mfw August first comes and there's no dip and you people are left crying
What's reasoning for August dip? Why not buy now, cash out, buy again in August? Further, margin short late July and buy more in August?
which altcoin would you bet on to turn 1 btc into 10 btc within 6 months?
>>2462578
UBIQ
>>2462578
LBC
>>2462578
Redd or Litecoin
What is the next *1 SAT* shitcoin that will pump in a few hours?
Hey why are you eating silica? dumb cuck
>>2462525
bump
Lesbianvampirecoin lvc or penispumpcoin ppc both look ready to rumble
Famous streamer and intellectual Ice Poseidon has invested $10k in Ethereum, why haven't you?
>ecelebrity
GTFO
who again ? ah I dont even care. /thread
Also the richest man in LA
So I went in big with Litecoin.
Even if it only goes up to $100 within the next 1-2 years (which is probably the safest bet in crypto right now) I'm expecting profits of $1 mil+
My question now is what's the best way to go about cashing out in a timely manner once you reach your desired profit margin? Also need a run-down on crypto taxation. I hold both US and German citizenships.
While we're at it, let's make this a general thread about cashing out / converting to fiat.
What does ltc have to offer? Imo it's bitcoin 0.5 and eth is btc2.0
>>2462499
Its actually bitcoin 1.5
>>2462479
>So I went in big with Litecoin.
Can someone give me sources for taxes when it comes to crypto? I can't really find a breakdown on the stipulations of capital gains tax or whether or not I have to save profits to pay it?
dont pay them
very simpel
>>2462472
Sure I will.
Call up friend/family member in foreign country. Teach him how to set up account on crypto exchange and connect his account to his bank. Then send him your crypto, let him cash out the crypto into his bank in his country, and have him send or wire the money to you as a gift. Now nobody owes any taxes on crypto and thus your taxes are paid.
>>2462472
yes you have to pay profits on capital gains when you sell. Plus, any crypto exchange is considered a sale, so those are taxable events as well.
there's a website, http://bitcoin.tax, which will help you compute your cap gains taxes. You can use the accounting method which will give you the lowest tax liability but bear in mind that you'll have to continue to use that method in the future (I believe).
>ETH and BTC mooning again
Did you idiots learn your lesson yet?
>That's just a bull trap, it's going to crash even harder!
Yeah, ok. And then it will shoot up even higher. When will you fools learn?
>>2462446
>I fucking told you to buy the dip
I tried. It was at 265 at fucking coinbase wasn't working
>>2462446
>I fucking told you to buy the dip
>tfw you chicken shitted out and just held
FUCK EVERY TIME
>>2462470
What can I say? I TOLD YOU TO BUY THE DIP.
ALWAYS BUY THE DIP.
Should I sell my bitbean or nah?
It keeps charting new lows
Hodl and don't sell at the low doofus. It is the perfect pump and dump coin.
Porcfest is less than 2 weeks away and there's tons of stuff coming through the pipeline -- hodl your beans and watch them grow.
>>2462431
just sprout the beans
History lesson: in the gold rush, who made the most money?
>Prospectors?
No
>Miners?
No
>Jews?
ok fine
>People who made money off of what little the miners, prospectors, and speculators made?
Absolutely.
Why are you still trying to make money off of cryptocurrency when you could be making money off of people trying to make money off of cryptocurrency?
youre falling for the same trap as those miners did.
>>2462403
I already have a fucking job. I don't know enough about technology to profit from this gold rush and I don't have the time to learn it.
I want passive income, meaning I do nothing and still make money. A free lunch, if you will. And so far, that's what I've fucking gotten.
>>2462403
Those "miners" uprooted their lives to find new work believing they might strike it rich.
I want to earn money doing nothing at all.
There is a difference here.
>>2462403
You mean make a coin and shill it endlessly? That requires effort.
So let me get this straight, in order to buy altcoins, first you need to:
1) buy bitcoins from fiat thru an exchange like coinbase
2) move that btc to an exchange that trades alts like bittrex
3) log into bittrex and somehow change the btc for altcoins
is that it?
>>2462360
yes
That's exactly it.
>>2462378
this is exactly what I did. now i'm selling souls at a x15 markup
These souls cost me $150 ... they are worth NOTHING!!!!
Every time I tell a normie I'm an accounting major they all always give me a baffled/disgusted look.
Why don't these people respect this field?
all accountants are known to be autistic
I could never do it, but it's a fantastic path to follow in these times. Normies are literally nonsentient, their thought processes are dictated by standardized logic trees that are distributed to them by the (((elite))) through modern media and education. These tell normies that being an accountant is a position to be despised.
>>2462367
basically this
Who /readytopullthetrigger/ here?
>>2462333
We're fucking going up as I type this. What is your problem?
We need slow and steady increase, which is exactly what's happening right now.
>>2462343
>bought BTC and ETH at ATH
Another drop tomorrow below $2000, but this is a perfect opportunity to buy some Altcoins for cheap