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HamHead
Hard Ass Motherfucker



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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HappySloth] 2
#25914984 - 04/04/19 06:37 AM (4 years, 9 months ago) |
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Scarcity.
When the 2020 halving happens, miners will not be earning as many BTC, so they will want their efforts to be worth it. . .
I'm just saying.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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sh4d0ws
LSx


Registered: 02/26/08
Posts: 12,086
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HappySloth]
#25918118 - 04/05/19 06:20 PM (4 years, 9 months ago) |
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Quote:
HappySloth said:
Quote:
filmoee said: Slang mad vol. invest as much as you got...dawg...shit might go up to 30k a piece
Ha no way.
You think everyones gonna fall for the hype again. Not IMO.
How will it go past 19k if that was the initial boom? Everyones gonna cash out before 19k IMO.
Maybe I'm wrong tho people are retarded. maybe loadsa idiots will jump in again on the hype.
Personally I'd be looking to bail 8-12k
The future is gonna be much more volatile - I highly doubt it will be similar to last boom.
My coins are stuck in Monero and have been for years. I could never withdraw them last boom because the Monero client never shows the balance as I've never managed to get the whole block chain or find any way of making it work.
Download the command line wallet and connect to a remote daemon (use www.moneroworld.com to find a current daemon address).
This way you don't need to download the blockchain, it uses the daemon to query for your balances on the blockchain. A remote node isn't great for privacy so you shouldn't use it regularly but if you have your seed from your original monero wallet or your private key pairs/wallet file you should be able to get access to your coins no problem.
There is a GUI wallet available too but I always had issues trying to use a remote daemon with the GUI wallet. The command line wallet isn't that difficult to use. Open it up and type "help"
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tomnl
Beginner



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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HappySloth]
#25918637 - 04/05/19 11:26 PM (4 years, 9 months ago) |
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Quote:
HappySloth said:
Ha no way.
You think everyones gonna fall for the hype again. Not IMO.
How will it go past 19k if that was the initial boom? Everyones gonna cash out before 19k IMO.
Maybe I'm wrong tho people are retarded. maybe loadsa idiots will jump in again on the hype.
that really does not make any sense...
Greets Tomnl
-------------------- Been away so long I hardly knew the place Gee, it's good to be back home Leave it till tomorrow to unpack my case Honey disconnect the phone I'm back in the USSA You don't know how lucky you are, boy Back in the US Back in the US Back in the USSA
Edited by tomnl (04/05/19 11:26 PM)
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HappySloth



Registered: 01/24/19
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: tomnl]
#25918742 - 04/06/19 01:54 AM (4 years, 9 months ago) |
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Well every one told me it didn't make any sense for me to pull my coin out at 16k last time - I made bank then watched as every one else lost every thing in the crash.
My opinion on it is you cannot predict what will happen so just make your cash and bail.
Greed is blind and I'm not gonna follow the herd over a cliff when I can withdraw ealier at a profit. 
It doesn't need to make any sense. It needs to make money. Thats the way I invest.
Have a plan and stick to it. Come out at a profit. Is very simple.
The alternative is to get lost in idea's, news, beliefs, hype and concepts that may not come to fruit - this is risking losing it all.
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HappySloth



Registered: 01/24/19
Posts: 280
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: sh4d0ws]
#25918748 - 04/06/19 01:59 AM (4 years, 9 months ago) |
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Quote:
sh4d0ws said: Download the command line wallet and connect to a remote daemon (use www.moneroworld.com to find a current daemon address).
This way you don't need to download the blockchain, it uses the daemon to query for your balances on the blockchain. A remote node isn't great for privacy so you shouldn't use it regularly but if you have your seed from your original monero wallet or your private key pairs/wallet file you should be able to get access to your coins no problem.
There is a GUI wallet available too but I always had issues trying to use a remote daemon with the GUI wallet. The command line wallet isn't that difficult to use. Open it up and type "help"
OK thanks  
This may well solve it for me then as I have only been toying with the GUI.
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HamHead
Hard Ass Motherfucker



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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HappySloth]
#25922070 - 04/07/19 09:48 PM (4 years, 9 months ago) |
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Right, so I've been watching this youtube channel called the moon with a guy named carl. He puts out btc analyst videos daily and mentions something about moving average ribbons (ema?) and that in the past, they have been strong indicators of resistance and support levels and how when btc price is above the ribbon, it's in a bull market and when price stays below the ribbons it's in a bear market. He's been mentioning that the price is getting very close to crossing over the ribbon, perhaps putting btc into a bull market with new support.
I'm excited to see what happens and am a little disappointed that I don't have much fiat to throw into crypto. I'm simply holding bags from last year waiting to break even.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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SirShroomsAlott
Howdy



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Posts: 6,945
Loc: United States
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HamHead]
#25939740 - 04/17/19 11:18 AM (4 years, 9 months ago) |
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Looking for advice or general opinions, I had to file for an extension on my taxes because of crypto related activities and how they're going to affect me. Coinbase hit me with a 1099 so I figured I'd be thorough and I paid for a crypto tax service and linked them every transaction from every exchange so they could calculate gains/loss and how much I'll owe. So for 2018 it shows me at a loss, no big deal and nothing I wasn't expecting considering the downtrend we've been in but the amount of volume in transactions they're showing I had throughout 2018 is quite substanstial and shocked me when I saw how much money I exchanged back and forth when it was totaled up, aside from that they're showing a rather substanstial gain in 2017 and here's where I'm confused and where I'm looking for general opinions/advice.
They calculated my USD value gain in 2017 BUT I never actually cashed any of it into USD, only cashed out into USD what I had originally put in plus maybe a few thousand more, but in 2017 specifically it's just how much of a gain I had compared to what I put in and it's a number large enough that I'm a little nervous depending on what that will mean for me when I file all of 2018. I know the tax law surrounding crypto changed in 2018 and since it's showing a loss I can claim capital loss but at the same time am I going to be hit with tax for 2017 if I report 2018 the way it shows? The numbers are large enough I feel like they're going to look into it and as I said I'm giving them full record of each and every transaction but because of what it shows in 2017 idk if I'm essentially going to be fucked even though I never took the profit they're showing and turned it into USD. Because if they question 2017 and hit me with something even though I kept all that money in crypto, it's going to be a minimum of five figures I'll owe plus probably fines and god knows what else for it being over a year late.
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Lophosaurus
suruasohpol


Registered: 08/09/07
Posts: 8,744
Loc: CA
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: SirShroomsAlott]
#25940366 - 04/17/19 05:58 PM (4 years, 9 months ago) |
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Just do your best and be as accurate as possible. That is what I did and sometimes with taxes you gotta get a little creative. I had a loss too. I don't think I even recorded every transaction. Just how much USD I turned into BTC and then subtracted how much my coins were worth in BTC at the end of the year. Might not be the right way, but I have better things to do then record every transaction I make.
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sh4d0ws
LSx


Registered: 02/26/08
Posts: 12,086
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Lophosaurus]
#25940824 - 04/18/19 12:37 AM (4 years, 9 months ago) |
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Tezos!!!
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geokills
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: SirShroomsAlott]
#25941270 - 04/18/19 09:55 AM (4 years, 9 months ago) |
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Hey SirShroomsAlott, crypto accounting for the tax man, particularly for active traders, can indeed be a headache. As far as I know, prior guidelines from the IRS have stipulated that you are to calculate a taxable gain/loss on any crypto transaction, regardless of whether or not it was transferred into fiat currency. In practice, most people don't seem to be reporting crypto-to-crypto transactions and are only reporting their fiat gateway transactions for tax purposes. Particularly if these people do their crypto-to-crypto transactions privately (or even possibly on an overseas exchange), they'll probably get away with it.
I don't know what the Coinbase 1099 looks like, but it seems odd to me that a 2018 Form 1099 would include notation of your 2017 "value gain", since it should be accounting strictly for your 2018 transactions. I would be curious to see what it looks like if you would be willing to send over a copy. By all means, feel free to redact any personally identifiable information from the form if you do.
I don't want to make you overconfident and cause you to be misleading on your return, but in a very general sense, a "high" dollar value of proceeds on a brokerage's 1099 report will not necessarily cause the IRS to look deeply into your return, as active traders with accounts sized under $100K can easily rack up enough back and forth transactions over the course of a year to show millions of dollars worth of sales proceeds, while still potentially reporting a capital loss if the average basis for their transactions was higher than their average sale price.
sh4d0ws...  (wish I'd committed more to that project )
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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HamHead
Hard Ass Motherfucker



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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
#25950292 - 04/23/19 05:02 AM (4 years, 9 months ago) |
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So, I'm seeing something about a golden cross?
Sounds like a good sign.
BTC bulls coming back around, perhaps?
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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geokills
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HamHead]
#25950551 - 04/23/19 09:32 AM (4 years, 9 months ago) |
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I am positive on crypto in general, however bullish crosses, like their bearish counterpart, are lagging indicators. By the time a shorter term moving average moves above a longer term moving average, the move should already have been well apparent to anyone paying attention. While it is a constructive headline and as such may help bolster retail investor confidence, it should by no means be a metric that leads you to go all in with blind abandon. In my experience in equities, it is at these "crosses" that I tend to keep my positions on a much shorter leash by tightening up my sell stops.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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geokills
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills] 1
#25955052 - 04/25/19 04:14 PM (4 years, 9 months ago) |
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Ouch. New York attorney general alleges that Bitfinix lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secrety cover the shortfall. BTC has fallen about 10% over the course of a half hour on the news. Tether has always been something of a wild card, with many distrusting its legitimacy, myself included. Should be interesting to see how this plays out. I suspect the BTC reaction right here is knee jerk in general, and that we will stabilize around $5,000.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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ironflag
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
#25957041 - 04/26/19 02:45 PM (4 years, 8 months ago) |
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Market is showing sign of accumulation at $5100-$5000 Technical traders generally buy when Fud hits the hardest. The statistics for BTC look good. I wouldn't worry about it too much.
The volume delta's (difference between how many physical bitcoins were bought and sold) on bitstamp, gdax, were positive. I did a check this morning because I was planning a long trade. Between $5100-$5000 more bitcoins were bought than sold. This could indicate strong support, however the trend on longer timeframes 1hour-4hour = bearish. www.tensorcharts.com/?r=110
(MDR) Market depth ratios were Positive this morning. Meaning the bids are greater than the asks across the global orderbooks. There is demand at $5100-$5000 so it's not the end of the world yet. Price will consolidate (goes sideways) a imbalance between bids or asks could lead to a breakout and resume the uptrend to $6000. https://vcdepth.io/coins/bitcoin-btc
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ironflag
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: ironflag] 1
#25957082 - 04/26/19 03:05 PM (4 years, 8 months ago) |
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The volume for the golden cross 50-200 Daily MA is inconsistent (the market sentiment is divided, which can be seen by the inconsistency in volume) I personally do NOT believe that we're at the beginning of a new bull cycle YET. This reminds me of 2015 when the market fell for a false crossover, which lead to a big sell-off. Shorts were at a all-time high, but the volume deltas were consistently <----- positive. Strong accumulation took place during the sell off. When the big players were done accumulating, they pulled the sell orders and shorts became rocketfuel for the moonshot.
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geokills
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
#25986977 - 05/11/19 10:20 PM (4 years, 8 months ago) |
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With BTC back up to test $7K, it seems likely that, at least in the near term, "the bottom is in". That probably won't mean much to anyone who sat around waiting and watching for the perfect time to buy in and who still may not have any exposure, and is scarcely consolation to anyone who bought in near the frothy highs of New Year 2018 and rode their holdings into dust; but as noted back in February when BTC finally made its move back above $4K, it did seem probable that we were ready for a leg higher... and here we are.
As the market grew more constructive over the past couple of months, I made some efforts to dig a little deeper into my portfolio of altcoins and started thinning out the herd. Frankly, there are too many projects out there with too little substance, and for any number of reasons ranging from sparse or halted development, minimal to no adoption, poor correlation with aggregate market value, or because there are other more full fledged and widely encompassing projects that are already attempting to tackle what a smaller project may be focusing their entire stake on... I have cut out names like ZAP, NAS and even XLM and ZIL from my holdings. I presently remain exposed to:
- BTC
- XTZ
- ADA
- ETH
- NEO
- VET
- NEBL
- NCT
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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YangSupporter
Stranger
Registered: 04/28/19
Posts: 1,696
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
#25987548 - 05/12/19 08:15 AM (4 years, 8 months ago) |
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I predict BTC will reach 50000 USD.
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Asante
Mage


Registered: 02/06/02
Posts: 86,795
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: YangSupporter]
#25997531 - 05/17/19 08:31 AM (4 years, 8 months ago) |
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Guys while you are making profits, make sure to every now and then take 10% out so that if it comes crashing down overnight while you are in a plane to meet mr Satoshi, you still have reaped off your profits during the ascent.
-------------------- Omnicyclion.org higher knowledge starts here
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HamHead
Hard Ass Motherfucker



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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Asante]
#25997812 - 05/17/19 11:28 AM (4 years, 8 months ago) |
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I'm still waiting to break even before pulling out my positions. I'm going to be hurting for monies soon and am looking to liquidate some of my assets while I look for a better paying job closer to home.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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YangSupporter
Stranger
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HamHead]
#25998329 - 05/17/19 04:46 PM (4 years, 8 months ago) |
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Quote:
HamHead said: I'm still waiting to break even before pulling out my positions. I'm going to be hurting for monies soon and am looking to liquidate some of my assets while I look for a better paying job closer to home.
Thats to bad what did you buy in at?
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