Search results

As opposed to this lukewarm, just sort of sell-off we have right now?

I hope this is true, but there is absolutely no reason to believe this will happen again. The crypto landscape has changed immensely in the last 12 months. Lightning Network does not make Bitcoin faster. People need to stop repeating this. Lightning Network is a workaround that postpones...

Nice? I guess. I mean, I had to learn how to write software and learn how to trade cryptocurrencies. It's not like someone just dropped by and handed me a disk.

I've done both and I made way more trading than mining. Orders of magnitude in difference with less invested.

I run a few different strategies that I wrote.

Why wouldn't it be legal?

An XRP transfer can be used to fill in a gap thati n a transfer chain. It's the last resort, so it won't be used much at all.

You need your secret key. You should have printed it out and put it in a safe place. If you didn't do that, I think you're SOL.

Sorry your relationship with your sister isn't an honest one. Please don't project that onto relationships you know nothing about.

Let's be serious. You don't know my friends. You don't know my family. You don't know me. You don't know what conversations took place before, during, and after the assistance I gave to people. So before you go insulting the people who are important to me, maybe take a second to take stock of...

I've handled a ton of money/crypto as a favor to friends and family in the last year. You guys are cynical.

I wouldn't need a contract with any of my friends. That's why they're my friends.

Yes, you can. It would be foolish, but you can do it.

Your friend is going to have to work that out with Coinbase. They have limits on withdrawals that start out fairly low. Higher limits must be applied for.

A bug at Shitgrail allowed people to match against orders deep in the book instead of best-price. Which allowed them to manipulate the price down. XRB badly needs a legit exchange ASAP.

Yes, you should be keeping a log of when you receive coins. You can find the value at the time you received it by looking at the historical value at CoinMarketCap or CryptoCompare. Whatever you do, just be consistent. I think CMC prices are the best approximation of the fair market value.

For mining it's actually pretty straightforward. When you receive a coin from mining, that's income. The amount of income is the value of the coin in USD when you receive it. This is also your cost basis. Changes in value of the coin after you receive it don't matter until you sell it. When...

The difference is the business doesn't pay Social Security and Medicare. I am an employee of the business with a reasonable salary and FICA comes out of that, but it doesn't come out of the rest, which passes to me as shareholder distribution. It's worth noting that I was already self-employed...

Seconds. Minutes. Hours. Days. Weeks for some. I move it around a lot.

RaiBlocks isn't mined, so buying is the only way to get it.

Today I passed my quadruple point and it seems like it may still have legs. It's a much better Bitcoin than Bitcoin, so maybe there's something here.

All of my crypto activity is in an LLC that files as a pass-through. I run a trade bot that, at times, makes thousands of trades a day. My accountant told me to not worry about every trade and just call it business income when I cash out to fiat. Trading is just business activity. I never...

You'll get the best rate for the exchange you want to do at GDAX. Selling LTC for BTC is usually better there than any of the other "top" exchanges. Plus, if you sell as a "maker" you'll pay 0 transaction fees. GDAX also has 0-fee withdrawals, which is a huge deal if you're withdrawing BTC.

Good luck!

GDAX is the exchange that backs Coinbase. Your Coinbase account works there without any additional effort. Of course, that doesn't help you if you're trying to get fiat into the system. If you're trying to break in right now, then buying crypto from someone directly makes plenty of sense. I've...

Many times. Go through GDAX and there are 0 withdrawal fees. Use maker orders and trading fees are 0%. Fees to convert from an alt to BTC on Binance are 0.1%. Another 0.1% to go to LTC, or just convert directly to ETH in most coins. LTC withdrawal fee is 0.001 LTC (< $0.30). ETH withdrawal fee...

What is the incentive for someone to sell you crypto at the spot price or less? We'd have to take the risk that you'll just invalidate the PayPal transaction. Plus, it's not like it's any more work to just sell the crypto directly for USD on GDAX and transfer money directly to a bank account...

Those are two different things. Yes, we can send money person to person instantly with a number of PayPal/Google Wallet/Swipe/Venmo type of applications. But Coinbase, for some reason, takes a really long time to process bank transactions. It takes at least a week to deposit money now.

RaiBlocks (XRB) has got my attention. The idea makes sense and the execution seems pretty solid. Fast transactions with no transaction fees.

Science and tech reporting is generally pretty bad in the age of click journalism.

To be fair, it wasn't anyone at IOTA that made it sound like they were partners with Microsoft. That's just what some journalists wrote. It definitely doesn't help, though.

GDAX is the exchange that backs Coinbase. The Coinbase interface is very simple and they charge a fee for that simplicity. When you issue a buy or sell order from the Coinbase interface that is handled as a Market Order on the GDAX exchange. You can transfer coins or dollars between Coinbase...

Fortunately I got all the way out when it was still above $4. I wasn't trying to escape IOTA so much as free up capital to do arbitrage on the ridiculous LTC price differences there were yesterday. Looking for a floor to get back in. This attack on IOTA has definitely indicated that a rethink...

IOTA is a currency. The point of the network is to enable thousands of transactions per second, with many of those transactions being transfers of value. I don't understand why you're confused by the presence of a coin. What were you expecting? If you don't like Microsoft, don't use Microsoft...

I'm in.

What you posted exlains "lightclients" which is exactly what I'm describing. A light client is not a node. A light client uses a node.

Just a basic study of how IOTA works reveals that this makes no sense. You can't put a node on an IoT device because a node has a copy of the tangle. I mean, you can, but why would you? IOTA was designed so that signing a transaction can be done separately from attaching a transaction and it...

Except that the damn cats have got the ETH network so clogged that BTC is actually faster now. Better to use LTC if you want speed.

Binance doesn't have stop-loss built in. You can emulate it with a bot through their API. How far down is it going to drop? The current price is about 7.75 times what it was when you called it a "scamcoin". Is it going to lose all of that value? A sell-off seems like a pretty logical...

All? Maybe not. Some? Sure seems like it. That said, I put my whole stack into IOTA just prior to the OKEx launch and have enjoyed watching it quadruple. I keep thinking I need to re-diversify but with 20-40% gains every damn day it's kind of hard to. The IOTA team says there is some pretty...