- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Official CryptoTalk Thread
Posted on 5/25/17 at 3:39 pm to JohnnyKilroy
Posted on 5/25/17 at 3:39 pm to JohnnyKilroy
I initiated my connection to Gemini with a wire. There are no limits on wires if you feel like taking the time to do so.
0
Posted on 5/25/17 at 3:47 pm to SlowFlowPro
My best guess for price disparities is due to the lack of a central exchange.
US stocks are traded via many brokerage sites but they all go through the NYSE, right?
It's not so with Crypto. Gemini is in exchange in itself. So is Poloniex. So is Coinbase.
Again, just my opinion.
US stocks are traded via many brokerage sites but they all go through the NYSE, right?
It's not so with Crypto. Gemini is in exchange in itself. So is Poloniex. So is Coinbase.
Again, just my opinion.
Posted on 5/25/17 at 3:49 pm to bayoubengals88
quote:
US stocks are traded via many brokerage sites but they all go through the NYSE, right?
Negative.
Posted on 5/25/17 at 3:50 pm to bayoubengals88
Very little ETH action going on right now.
Let's see if Slo's theory holds up. This thing should hit a floor around 6:30, so get your buys in before then. Then we'll HODL and see if it rockets tonight.
Let's see if Slo's theory holds up. This thing should hit a floor around 6:30, so get your buys in before then. Then we'll HODL and see if it rockets tonight.
Posted on 5/25/17 at 4:09 pm to tigrbabe08
i just bought 2.6 ETH on CB and i'm going to move 3.0 ETH to polo (it's taking forever to create my wallet address) to trade and sit on the other 5.388 ETH in CB
Posted on 5/25/17 at 4:10 pm to tigrbabe08
So I think the reason why Poloniex has lower prices than other exchanges like Coinbase and Gemini is because you are looking at the ETH and BTC prices in USDT on Polo, while the others are shown in USD.
Although USDT does a fairly good job of pegging to the dollar, it is currently valued around $1.05USD.
That's my observation at least.
Although USDT does a fairly good job of pegging to the dollar, it is currently valued around $1.05USD.
That's my observation at least.
Posted on 5/25/17 at 4:11 pm to SlowFlowPro
Yeah I couldn't fight the temptation anymore. Bought 2 ETH at $189 to go along with my 1 ETH I got at $171 on Monday...hoping the trend you spotted holds and I'm up big by tomorrow morning thanks to South Korea.
Standing by for launch!
Standing by for launch!
Posted on 5/25/17 at 4:15 pm to tigrbabe08
anybody else use polo and have issues with it generating your wallet address? it's been generating for my deposit for like 5 min
Posted on 5/25/17 at 4:17 pm to tigrbabe08
I just cashed out at 198.50. Gonna buy again when the next decent dip is. Made a tidy 8% profit after fees.
Posted on 5/25/17 at 4:18 pm to SoFresh
quote:
Although USDT does a fairly good job of pegging to the dollar, it is currently valued around $1.05USD.
that makes up a lot of the difference (1.05 * 176.3 is 185.11 so much closer so the 193.11 on CB), so that's probably right (it's 192.96 on Gemini)
Posted on 5/25/17 at 4:21 pm to JohnnyKilroy
quote:
I just cashed out at 198.50. Gonna buy again when the next decent dip is. Made a tidy 8% profit after fees.
When you say 'cashed out' do you mean you converted your crypto back to USD?
Does anyone know what creates a taxable event?
Posted on 5/25/17 at 4:22 pm to JohnnyKilroy
Nice!
I'm still holding from 164.
I'm still holding from 164.
Posted on 5/25/17 at 4:26 pm to SoFresh
quote:
When you say 'cashed out' do you mean you converted your crypto back to USD?
Does anyone know what creates a taxable event?
To be honest, I'm gonna have to do more research on the tax implications of all this.
I haven't withdrawn anything to a bank account, so idk if this would qualify. I just sold the ETH that I had when it got to a profit margin I was comfortable with (after missing out on a much better opportunity earlier this afternoon) with the intent of buying back in the near future.
Posted on 5/25/17 at 4:27 pm to SoFresh
Any gains are taxed.. Will polo report your trades to the IRS? You tell me
Posted on 5/25/17 at 4:29 pm to rocket31
is polo broken? it seems like it is refusing to generate my ETH address
Posted on 5/25/17 at 4:29 pm to SoFresh
quote:
Does anyone know what creates a taxable event?
this
quote:
converted your crypto back to USD
Posted on 5/25/17 at 4:29 pm to rocket31
I guess my question would be, are any gains taxable prior to being withdrawn from the exchange?
I have a record of all my transactions, so I'm not concerned about paying if I have to pay or anything, but this is my first foray into this type of trading so I'm not sure.
I have a record of all my transactions, so I'm not concerned about paying if I have to pay or anything, but this is my first foray into this type of trading so I'm not sure.
Posted on 5/25/17 at 4:29 pm to JohnnyKilroy
I think every time you convert into USD, not necessarily when you withdraw to your bank account, it should create a taxable event.
Or at least that's what logic tells me. I've got my USD in my account ready to buy some crypto, but I can't do it just yet because I'm foggy on the tax implications.
This might be one of those rather ask for forgiveness than permission types
Or at least that's what logic tells me. I've got my USD in my account ready to buy some crypto, but I can't do it just yet because I'm foggy on the tax implications.
This might be one of those rather ask for forgiveness than permission types
Posted on 5/25/17 at 4:30 pm to SlowFlowPro
Idk. My address was created instantly
Transfer took about 30 minutes
Transfer took about 30 minutes
Posted on 5/25/17 at 4:33 pm to JohnnyKilroy
Yes any gains made on polo are taxable even before withdrawal
Irs created a crypto page last year. They want thier share
Irs created a crypto page last year. They want thier share
Page 65 of 2240
Popular
Back to top
Follow TigerDroppings for LSU Football News