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Archived threads in /biz/ - Business & Finance - 4990. page

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What is the maximum you can sell back to your bank without them getting alerted? Is it against the law to sell your crypto back without filing some sort of form? Do you only worry about capital gains taxes once that time of the year comes around? What is the maximum that you have sold to coinbase to put back in your checking account? What if you do it in small increments over a large span of time? Say, $200-$1000 every couple of days, but never $10,000 at once?

I feel we are in unchartered territory and I do not want to get fucked for unknowingly doing something wrong.
29 posts and 2 images submitted.
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>>2306412
What country
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>>2306412
in US IRS gets an alert if you have funds going in and out of your account if the sum is 10000.

if you are using coinbase just convert it to usd wallet and release it slowly.
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>>2306412
3k a month

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VTORRENT CONFIRMED FOR IN ITS END STAGES OF DEVELOPMENT EDITION.

Think about it, why would the developer start posting again after a year long hiatus? He has something HUGE planned.

>What is Vtorrent?
Vtorrent is a decentralized torrent crypto that rewards users who upload quality content thus ensuring only the best is available. Tired of finding shit torrents for your favourite show? vTorrent is the answer.
>Why should I buy?
After a long hiatus the developer has recently become very active again and with our continued support we can all create a stable product with groundbreaking innovation plus a huge profit.

PREVIOUS HIGHLIGHTS
>STARTED AT 7K SATS AND REACHED 19K BEFORE BITCOIN MOONED
>LOW COIN SUPPLY (10 million)
>ATE UP A 10BTC BUYWALL IN MINUTES
>EATING EVERY DIP THROWN AT IT

Curious about its potential? It has a market cap of 3 million right now. 10 million and it reaches $1. 100 million and it reaches $10. XBY has a cap of 20 million while Pivx had a cap of 100 milion. WE ARE AT THE BEGINNING
What are we going to achieve today?

***I WILL ALSO BE GIVING SMALL BOUNTIES OF VTR TO THOSE WHO CREATE QUALITY VTR CONTENT AND MEMES***
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>>2306397
STRAP IN BOYS
>>
who gives a shit about rewards and memes? keep the fucking price low

i'm waiting on verification to dump a LOT of money into this

pay a mod to delete this thread and every other thread like it. NEED ALL THE TOKENS TO MYSELF PLZTHX
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>>2306397
Vtorrent doesn't have a working product, the dev has a bounty for developing it.

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The market cap is at $100B now.

Is this shit done? I cannot imagine it going to $1T, and even if it did, that's only 10x gains. Am I done with my mega-gains?
13 posts and 1 images submitted.
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anon it hasn't even fully hit the mainstream yet
wait until normies start getting in
then the people who have to deal with corruption and currency manipulation in South America and Africa
not to mention the billion chinks and other asians
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>>2306375
Maybe another few months max. Just enjoy it while you can
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>>2306385
There are plenty of people paying attention to crypto now

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1/2

All you newfags are fucking idiots when it comes to trading. I will give you some tips:

1. Never sell or trade ETH. ETH is like owning Amazon at inception except the price moves up 10x faster. Don't fuck with this. Fate handed you a gift. Don't fuck with it.

2. If you can't invest at least 1k per month in crypto, focus on your career. Ideally you should be able to throw in at least 2k. And 1k of it should be ETH. Once in a decade opportunity, faggots. Especially for neets like yourself who have no networking or salesmanship ability.

All these fucking normies and neets throwing in their entire spare savings and then panic selling when it drops $200 because they can't afford to lose it, or it took them the past 6 fucking months to accumulate the savings cause they are fucking pathetic shits who can't help themselves to buy muh rimz n sheet

3. If you buy alts, do some research.

4. If your alts drop 25%, keep holding

5. If your alts drop 50%, start accumulating MORE. You DO have extra money in reserve to buy dips don't you? You DID do your due diligence to assure yourself that the coins are the best coins you can have, and therefore your hands are diamonds? You DID check to make sure that BTC prices are stable or increasing to know that whales are just re-adjusting their BTC / alts balance to feed off of you, and that eventually cash flow will go back to alts? You did keep in mind that if alts drop like crazy AND btc drops, then you know there's a potential correction or crash taking place and you need to strategize appropriately as you already had planned out?
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>>2306317
2/2

6. Always be prepared to activate unholy diamond hands. I held 1 mil DOGE and 5 BTC since 2013. Watched my 1BTC worth of DOGE go down to 0.2. Fucking DOGE, I genuinely never believed it could recover. Good thing I'm not a fucking pathetic loser though that desperately needs the cash to keep the electricity on or whatever. Just held. Also watched my $1.2K BTC ($600 dollar average) coins fall to $200. Held the entire 3 years. And yes you can argue I could've sold and sought better opportunity cost elsewhere. But guess fucking what? Even taking into account the 3 year holding period, my gains on BTC even since 2013 have return %s that any traditional investor would kill for.

For 99% of you though, #2 is what's important. Right now, each dollar you earn from work can be equivalent to $5, $10, $100 dollars. Instead of watching the charts all day, you should try to pick up some work because again, crypto is like a $5 for $1 deal. It's like a 401K that matches your income x 5 or more.
>>
Never trade or sell eth. I should have stopped reading with that stupid statement . Do you how many countless times in the past few weeks I've bought eth at like 890000 and sold once it hit like .1 btc? There's no reason to sit on your eth once it starts to plummet. Sell it then buy it all back when it hits a low
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>>2306317
im a self supporting college fag. I could put some in about $1500 in credit card right now that its finally low. I've lurked a couple of days on and off (I have regular people work) I really like both Sia, Eth, Monero & that other coin that uses C# to work with. I can def see me using those as a consumer. Whats the best exchange to accept credit? And any other reading suggestions to trading, mining, or books on it (I know its all new but still

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its at 255$ is it too late?! what does the future look like? I have 3k$ to invest, I am about to do it, but I am not sure at the same time, help biz plz... Also general whats the best place to buy cryptocurrency??
37 posts and 7 images submitted.
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I bought in at 230

A lot of people said 230 was the ATH and buying then was stupid.

That was a week ago and now its closing in at 300.
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>>2306289
I've been buying since $28 and use Coinbase. Sucks to pay fees but whatever, up to $10k in value since starting in March.
>>
>>2306289
Stay poor.

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Nocoiner here.I've been lurking this general for a few days trying to get the mechanics of crypto right before jumping in, now I feel ready but here are 2 of my questions:

Given the current rising status of bitcoin, would it be wise to start trading my physical money in electronic coins right now or would it be better to wait for a drop of btc before doing so?

Second, are there any benefits on creating an account on kraken (that would require me to buy dollars from my local currency before letting me buy bitcoins) rather than starting a wallet on a system like bitso that's accepting my local currency mxn to buy them?
14 posts and 5 images submitted.
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>>2306255

How much you are willing to lose??
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>>2306255
To answer your first question, I would say it would be good to buy regardless of what the current price is, as bitcoin is a long-term hold.
>>
>>2306255
1 buy once a week
2 no

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How can 1st blood not moon? You idiots make any BS meme moon. This is Rambo. More like Lambo First Blood
15 posts and 3 images submitted.
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>>2306245
to the moon fegs
>>
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John lambo would do.

Seriously this shit is going through the roof
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>>2306245
> lambo first blood
It'll moon under the power of that meme alone.
M E M E I T

E

M

E

I

T

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Ark coin mooning now on bittrex. Seen some hefty gains on this coin recently and for good reason - it's a well-honed product with unique features. Essentially it forms smart bridges which allows it to take advantage of the abilities of other coins.

They have a very nice wallet, active and well-staffed development team, and a cool website and logo. Definitely not a shitcoin and everyone should have a few ark for long holds.

Still under a dollar, but i could see that changing soon. Anyway enough shilling, just check it out if you haven't already.
74 posts and 14 images submitted.
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Is it mooning? Its been my only stable coin all day im scared to look at my bittrex. Someone hold me I have had 6 coronas and 3 haagen daz :[
>>
>>2306212

It dipped hard like every alt but now its back up to 25k sats and the evil whale has gone with his sell wall, so hopefully it should be higher soon.
>>
Is this a pump? I wouldn't even know if it was, buying pressure has been strong all day. Maybe that pump group decided to leap onto a good fundamental coin to trick people into buying.
Not sure if I should sell or not, some people have clearly been holding for far longer and they got in at around 40 cents per token like me. It's 70ish cents now, so I could profit if I dump now but I figure I might as well stick around in case this is the new stratis/eth.

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DGB HOLDING GROUND LIKE THERES NO TOMORROW
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>>2306161
I'm hoping it hits 2-3 dollars so I can buy a motorcycle and gear
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>>2306167
It needs just over an $8.6 billion market cap to reach $1, which is 1/3 of Ethereums' current cap. It may make it to $1 with the Citibank meme on the 9th but unless more normies start getting into crypto $2-$3 may take a while.
>>
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it's gained so much baggage from other exchanges at this point...what makes you guys think it isn't going to grow much slower from here on out? You've had 11,000% gains in like 2 months. I think dgb is still a nice investment but i think the big moon phase is postponed for now barring some big drop in price. This isn't the news people want to hear obviously but i think it's the truth.

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can one of you biz bros, explain exactly what this saying means?
14 posts and 2 images submitted.
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>>2306146
heres the rumour

buy it
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>>2306146
buy high
sell low
>>
Stick around and you'll find out for yourself.

Better that way.

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who else buys their coins on dumb ass shit like, I love this movie?
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>>2306094
Factom's logo reminds me of Ozma from Final Fantasy 9.
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>>2306109
Ahhh snap. I got to buy it now.
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Whats dumb about this?

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Sell me your favourite alt-coin.
33 posts and 3 images submitted.
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>>2306014
cxt

buy before people know about it
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>>2306014
DGB
>>
DGB

eh kills aleins and doesn't afraid of anything

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STRATIS
ETH
ARK
REP
RDD
BAT
11 posts and 1 images submitted.
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>>2306005
>RDD
>BAT

wat, ARK is gonna make me a millionaire tho
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>>2306034
All dipped, all will double in price in the next months.
>>
Every coin will double
Just hold.

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>tfw holding ETH, SC, STRAT, DGB, ARK, XEM, XVG

have I fallen for any memes?
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>>2305969
>Being upset about holding ETH

Just give me all of your ETH m8 I'll ease the burden for you a bit you wouldn't want to hold those bags they're awfully heavy.
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>>2305969
im holding sc, strat, and dgb and have no fear because im a veteran and not a lil bitch
>>
You bought in at peak, just wait a week

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um..

so like i don't get this..

why are alts going down if btc is going up? you literally cannot get alts without btc/etc/ltc lmao

this makes 0 sense to me
14 posts and 2 images submitted.
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>>2305962
People selling alts for btc. How is that hard to understand?
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>>2305962
You are fucken stupid anon I'm sorry
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>>2305962
you has the dums

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