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Posted on 6/21/17 at 5:39 am to TomRollTideRitter
You can thank Dennis Rodman for that
Posted on 6/21/17 at 8:51 am to MoarKilometers
quote:
A lot of people i used to mine and trade with have become pretty well off the last few months.
Why did you stop? My brother and I are meeting Monday to discuss building a mining machine. He is what I consider a computer nerd, so I am relying on him to build and operate. Any other tips good or bad to share?
Posted on 6/21/17 at 8:58 am to MrSmith
Oh No, alt coins are Porn to me. I've got to get my head on real straight so to speak before I start trading alt coins or me and my family will be living in a shelter in a few weeks.
Posted on 6/21/17 at 9:32 am to Hatcher Hall Shrink
Is Poloniex down for anyone?
Posted on 6/21/17 at 9:37 am to LSURep864
Just set a buy limit at 310.
Posted on 6/21/17 at 9:39 am to TigeRoots
have fun finding a graphics card to put in your mining rig
Miners have almost put every single graphics card capable of efficiently mining out of stock
if they aren't out of stock, their prices have skyrocketed
Miners have almost put every single graphics card capable of efficiently mining out of stock
if they aren't out of stock, their prices have skyrocketed
This post was edited on 6/21/17 at 9:44 am
Posted on 6/21/17 at 10:10 am to Dotherightthing
Whoa
Posted on 6/21/17 at 10:16 am to okietiger
just got some more. I might start selling at $360, buying at $330. rinse and repeat if this trend keeps up
Posted on 6/21/17 at 10:21 am to TigeRoots
Have your brother watch this. He will understand what you are talking about and be excited to build your machine.
How I built a bitcoin empire
How I built a bitcoin empire
Posted on 6/21/17 at 10:31 am to bee Rye
Wonder if we see 299
Posted on 6/21/17 at 12:34 pm to bee Rye
quote:
just got some more. I might start selling at $360, buying at $330. rinse and repeat if this trend keeps up
this may be a dumb question but how does this make money once you take taxes into consideration?
Posted on 6/21/17 at 12:40 pm to bbap
Oh man 305
Posted on 6/21/17 at 12:41 pm to bbap
No clue, if it never goes into my bank account, do I even file taxes on it if I didn't cash out?
Posted on 6/21/17 at 12:42 pm to bee Rye
quote:
No clue, if it never goes into my bank account, do I even file taxes on it if I didn't cash out?
Of course. It's still income gained or lost.
Posted on 6/21/17 at 12:43 pm to bee Rye
Yeah you have to pay like 25%-30% taxes on it.
Posted on 6/21/17 at 12:44 pm to bbap
quote:
this may be a dumb question but how does this make money once you take taxes into consideration?
Sure STCG will take a chunk out, but if you never sell for a loss, taxes won't completely wipe out your gains.
I mean I hate having to pay gigantic taxes as much as the next guy, but taking home 70-75% of my gains is better than missing out on this freight train.
This post was edited on 6/21/17 at 12:47 pm
Posted on 6/21/17 at 12:47 pm to bbap
I always assumed if I made it rich off of coins I could store it anonymously until I have the chance to cash out in the caymans and just stay there
Posted on 6/21/17 at 12:50 pm to bee Rye
Man I hope this dip stays alive for the next day or so. I'm trying to free up some money.
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