1. 05-11-20 07:09 AM #456
    Crusherrr
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    Cant send bitcoin from blockchain regardless of fee. Is this because of the halving?
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  2. 05-11-20 10:42 AM #457
    Optional
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    Quote Originally Posted by Crusherrr View Post
    Cant send bitcoin from blockchain regardless of fee. Is this because of the halving?
    What happens when you try?


    Maybe download electrum.org and use the 12 word seed phrase from your blockchain wallet to recreate it with electrum and see if you can send then.
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  3. 05-11-20 01:03 PM #458
    ChuckyTheGoat
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    We're one hour away from the Halving? Shouldn't we be ready to rip a new hole in this BtC price?
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  4. 05-11-20 01:15 PM #459
    trytrytry
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    Quote Originally Posted by ChuckyTheGoat View Post
    We're one hour away from the Halving? Shouldn't we be ready to rip a new hole in this BtC price?
    what is the estimated time going to be Eastern? thanks. will watch some live bitcoin youtube stuff whould be fun
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  5. 05-11-20 01:16 PM #460
    ChuckyTheGoat
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    Quote Originally Posted by trytrytry View Post
    what is the estimated time going to be Eastern? thanks. will watch some live bitcoin youtube stuff whould be fun
    Try, I think it's just after 3pm EST. So < 1 hour from now.
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  6. 05-11-20 01:49 PM #461
    ace7550
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    Here is a countdown:
    https://www.coindesk.com/
    40 minutes to go...
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  7. 05-11-20 02:28 PM #462
    trytrytry
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    the HALF happened.

    congrads


    1458 days until next one

    see youthen
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  8. 05-11-20 02:43 PM #463
    ThaWoj
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    8200. Terrible.
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  9. 05-11-20 03:05 PM #464
    ChuckyTheGoat
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    Quote Originally Posted by ThaWoj View Post
    8200. Terrible.
    8700 now. Moves quick.
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  10. 05-11-20 09:18 PM #465
    Arky
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    About 9 mins. Colin is a good follow on Youtube. Here he talks about the Bitcoin halving, Peter Schiff, gold..
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  11. 05-11-20 09:57 PM #466
    blankoblanco
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    Anybody who thought the btc price was gonna shoot up the moment the halving happened doesn't get it. Everyone knew it was coming for months, so why would the day of the event itself matter?

    I do believe the halving represents significant long-term value, but short-term it was probably already reflected in the price. Buy and hold
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  12. 05-13-20 12:03 AM #467
    JIBBBY
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    I got some money sitting in Bitcoin on Coinbase now, I figure it's better then letting the money sit in my saving account that is at shiit interest rates now.. I can see the price of bitcoin goes up and down a bit daily.

    I guess if you have a good chunk of money sitting in bitcoin and watch the spikes (highs and lows) daily and you buy and sell in key moments you can make money.. I was bored today and watched the highs and lows spike of bitcoin prices.. It does fluctuate a tiny bit..

    Does anyone do that? Just day trade bitcoin? https://www.coindesk.com/price/bitcoin
    Last edited by JIBBBY; 05-13-20 at 12:11 AM.
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  13. 05-13-20 01:34 PM #468
    StackinGreen
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    It went down as I thought, but really only tested that low for a hot second. It's really withstood the test here. I think one more dip with the market over the next 2 months, then I'm just buying and holding 5-10 years.
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  14. 05-14-20 09:11 PM #469
    Golden fleece
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    does anybody here buy bitcoin off of the cash app or have any experience doing so?

    any advantages over buying from exchange?
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  15. 05-15-20 03:52 AM #470
    Optional
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    Quote Originally Posted by Golden fleece View Post
    does anybody here buy bitcoin off of the cash app or have any experience doing so?

    any advantages over buying from exchange?
    Many people report it as the easiest, cheapest and fastest method to buy.

    Just do not sell any via CashApp if you do not want to see a tax form.
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  16. 05-15-20 09:22 AM #471
    StackinGreen
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    How many people do you think are answering "Yes" to the new IRS question, by the way? Does it really matter? Does it only (really) matter if eventually this goes to 1,000,000 and then you are trying to get fiat? If you have parents and you think this is going up huge wouldn't it be smartest for them to buy it and then will it to you so you inherit it at that (high) tax basis?
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  17. 05-15-20 12:12 PM #472
    mrpapageorgio
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    Quote Originally Posted by StackinGreen View Post
    How many people do you think are answering "Yes" to the new IRS question, by the way? Does it really matter? Does it only (really) matter if eventually this goes to 1,000,000 and then you are trying to get fiat? If you have parents and you think this is going up huge wouldn't it be smartest for them to buy it and then will it to you so you inherit it at that (high) tax basis?
    I only said yes on the last return because Cash App sent me a 1099-B for the dust I sold. A whole $9 worth.
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  18. 05-15-20 01:15 PM #473
    Bsims
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    Quote Originally Posted by StackinGreen View Post
    How many people do you think are answering "Yes" to the new IRS question, by the way? Does it really matter?
    I will be replying yes because I have reported crypto transactions since 2017 and will do so again (once I decide how I want to do it this year). But I would probably say yes anyway (assuming I really am trading cryptos). My fear would be that at some time in the future, the exchanges would all be providing historical tax information. The IRS could then match to tax returns that said no and flag them for potential review. I highly doubt that this would get down to my level of activity and I will be gone by then. But I wouldn't want to leave a mess for my spouse.

    What I think the IRS has accomplished with this question is removing the pleading of ignorance in the future should you be audited.
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  19. 05-15-20 02:53 PM #474
    StackinGreen
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    Bsims, what are the odds do you think if you get a peer coin, it would come back to you? Or is it that you just feel no one would try to sell one on an open exchange at the time?
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  20. 05-24-20 09:06 AM #475
    StackinGreen
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    Quote Originally Posted by Optional View Post
    Many people report it as the easiest, cheapest and fastest method to buy.

    Just do not sell any via CashApp if you do not want to see a tax form.
    Apart from CashApp, where do you think the easiest place/interface to buy is for a moderately savvy computer user (a relative)?
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  21. 05-24-20 09:43 AM #476
    Optional
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    Quote Originally Posted by StackinGreen View Post

    Apart from CashApp, where do you think the easiest place/interface to buy is for a moderately savvy computer user (a relative)?
    In the USA, I'd be telling my relative to get started with gemini.com
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  22. 05-24-20 11:36 AM #477
    mrpapageorgio
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    Quote Originally Posted by Optional View Post
    In the USA, I'd be telling my relative to get started with gemini.com
    I tried opening an account with Gemini, but after sending the KYC docs, they refused to let me open an account and wouldn't tell me why (which pissed me off when they ended the denial letter with "onward and upward"). I have yet to have an issue with any other exchange I've attempted to open an account with.
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  23. 05-25-20 08:32 PM #478
    ThaWoj
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    Crypto app is pretty decent and right now there's zero card fees for buying until June something. Normally 3.5%.

    They have a whole bunch of other features too.
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  24. 05-25-20 08:39 PM #479
    shocka1212
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    Quote Originally Posted by Sam Odom View Post
    Jan 1st 2019 = $3,738.11


    Today , Jan 2nd 2020 = $7,154.33
    Wild
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  25. 05-25-20 10:11 PM #480
    eddycash
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    Everyone on this forum should be holding bitcoin.
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  26. 05-27-20 05:14 AM #481
    themike78
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    Quote Originally Posted by eddycash View Post
    Everyone on this forum should be holding bitcoin.
    Why? Next year it will be worth about $4.67. In 2 years it probably won't even exist anymore. Only thing it's good for is moving money in and out of books. However recently that's becoming less useful because of the high fees and 6 hour waits for confirmations.
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  27. 05-27-20 07:00 AM #482
    JAKEPEAVY21
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    Quote Originally Posted by themike78 View Post
    Why? Next year it will be worth about $4.67. In 2 years it probably won't even exist anymore. Only thing it's good for is moving money in and out of books. However recently that's becoming less useful because of the high fees and 6 hour waits for confirmations.
    Enough of your constant drivel about BTC..you are one of the biggest idiots on the forum and that is saying something.
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  28. 05-27-20 07:33 AM #483
    lotuspod
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    Quote Originally Posted by lotuspod View Post
    I wouldn't get too caught up in the halving hype, at least for the short-term. Longer term it's a bit of a different story, as the lower block reward will have a large impact...especially on mining. This can have all kinds of potential effects, ranging from less efficient miners shutting down all the way to price increases.

    What is certain though is that something has gotta give eventually. We only have a tiny sample size so far - but the last two halvings saw a bit of a fakeout at the time of halving to shake out some, followed by a rather stagnant period for 12-18 months to shake out even more, and finally a breakout before drawing down to more sustainable levels.

    If the past is any indication, we should still have plenty of time to keep low-risk things like DCA strategies going. Or on the other end, it's fine to take a bit of profit. The real mistakes are most likely in feeling pressured by the halving hype and going big one way or the other.

    The halvings themselves aren't the real destination, they're just important milestones on the way there.
    Figured I'd update this from early this month or whenever it was. Well we're now a bit past the halving milestone finally and hopefully the drop to 8k-ish was the fakeout, though that was a bit faster and smaller than I would've expected. Assuming it was, then I'm strapping in for what will likely be many months of choppy but relative stagnancy with maybe a slight uptrend to it. Like blanco was saying above though, 10k seems to have a fairly strong psychological element to it and it has worked both ways multiple times in the past.

    DCA strategies still look like the most practical and easy go-to play for the long-term. Unlike the regular traders who have targets to meet and/or other pressures, time is a bit more on our side...as long as we take advantage of it anyway. Not much reason to gambol on high leverage, or even just overtrading in general.
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  29. 05-28-20 06:26 PM #484
    Golden fleece
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    cryptos should be pretty useful in divorces for us men in the future right?

    the days of getting taken to cleaners by hoe wives should be over right?

    just move your shit into crypto before divorcing. sounds very simple am i missing something??
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  30. 05-28-20 07:03 PM #485
    ace7550
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    Quote Originally Posted by Golden fleece View Post
    cryptos should be pretty useful in divorces for us men in the future right?

    the days of getting taken to cleaners by hoe wives should be over right?

    just move your shit into crypto before divorcing. sounds very simple am i missing something??
    Do I love my wife? Yes. Do I have a significant amount of money in bitcoin for this exact reason? Hell yes.
    If done right, you should be able to have a wallet that no one knows about. The power of crypto...
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  31. 05-31-20 02:40 PM #486
    bettipboy
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    I already bragged about my investment to my wife . . . let's hope that she will divorce me for someone wealthier ..
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  32. 06-01-20 07:30 PM #487
    ace7550
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    Over 10k again!
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  33. 06-01-20 08:20 PM #488
    pablo222
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    Yeah BTC. Yeah. GIDDYUP!
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  34. 06-01-20 10:39 PM #489
    blankoblanco
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    This will be interesting. For a while it's been, the moment btc hits 10k, a lot of people lose their nerve and sell, or just designated that as a selling point maybe. Bit of a holding pattern

    My bold prediction is this: next time bitcoin breaks 11k, it won't drop below 5 figures again
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  35. 06-02-20 01:12 AM #490
    eddycash
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    Quote Originally Posted by themike78 View Post
    Why? Next year it will be worth about $4.67. In 2 years it probably won't even exist anymore. Only thing it's good for is moving money in and out of books. However recently that's becoming less useful because of the high fees and 6 hour waits for confirmations.
    After being in existence for 10 years now, Bitcoin has proven it's value. You on the other hand, have proven nothing with your meaningless comment.
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