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  • QuantumLeap
    SBR Hall of Famer
    • 08-22-08
    • 6878

    #8016
    Looks like Alt Crypto winter is setting in again. Waiting for things to thaw out. I'm in REN now and I think I'll just watch that for awhile until things start heating up again.
    Comment
    • raiders72001
      Senior Member
      • 08-10-05
      • 11059

      #8017
      Big pumps going on or will with

      ONT
      MATIC
      WAVES
      ALGO
      ONE
      ATOM
      DASH
      DCR

      may be on Coinbase soon.
      Comment
      • QuantumLeap
        SBR Hall of Famer
        • 08-22-08
        • 6878

        #8018
        Got a letter from the IRS today. It said I may owe taxes based upon crypto that I "may" have owned at one time.

        I'm guessing they got my name from coinbase.com when I had an account there. As soon as they asked for my SSN I closed my account. I've never given any crypto site that info.

        The IRS can suck my big one.
        Comment
        • QuantumLeap
          SBR Hall of Famer
          • 08-22-08
          • 6878

          #8019
          Originally posted by QuantumLeap
          Got a letter from the IRS today. It said I may owe taxes based upon crypto that I "may" have owned at one time.

          I'm guessing they got my name from coinbase.com when I had an account there. As soon as they asked for my SSN I closed my account. I've never given any crypto site that info.

          The IRS can suck my big one.
          Looks like I was right about coinbase:

          If you recently received IRS Letter 6174-A in the mail, you're not alone. The IRS is sending thousands of these letters to US taxpayers. Here's what we know so far.


          IRS Letter 6174-A has all the markings of a generic mailing campaign, and not a personally targeted enforcement action. Although it's possible the IRS used its document matching program to identify suspected tax cheats and send them this letter, that's unlikely. The IRS isn't in the business of giving courtesy warnings to suspected tax cheats.

          Rather, this letter is probably part of a blanket mailing campaign to any individual the IRS knows has a cryptocurrency trading account. This would include over14,000 Coinbase users identified in the 2017 summons, as well as taxpayers who receive a 1099 from US based crypto exchanges.
          Comment
          • ROFLcopter
            SBR MVP
            • 06-16-10
            • 4446

            #8020
            wink.org (WIN coin on Binance) just released their sportsbook, where you can bet with TRX. Eventually they will add support for other cryptos: https://www.wink.org/#/platform/live-sports

            Some of these odds are better than odds on offshore books, and the bets are onchain so that they are secure. Best part about it is playing on various parts (DICE gambling games, LIVE for sports, live dealer table games, computer table games, RAKE for poker) of the site mines their tokens, all of which pays dividends daily. I highly suggest checking it out. Users in the US will have to use a VPN to connect
            Last edited by ROFLcopter; 08-26-19, 09:29 AM.
            Comment
            • shocka1212
              SBR Posting Legend
              • 10-06-12
              • 16788

              #8021
              Originally posted by QuantumLeap
              Looks like I was right about coinbase:

              If you recently received IRS Letter 6174-A in the mail, you're not alone. The IRS is sending thousands of these letters to US taxpayers. Here's what we know so far.


              IRS Letter 6174-A has all the markings of a generic mailing campaign, and not a personally targeted enforcement action. Although it's possible the IRS used its document matching program to identify suspected tax cheats and send them this letter, that's unlikely. The IRS isn't in the business of giving courtesy warnings to suspected tax cheats.

              Rather, this letter is probably part of a blanket mailing campaign to any individual the IRS knows has a cryptocurrency trading account. This would include over14,000 Coinbase users identified in the 2017 summons, as well as taxpayers who receive a 1099 from US based crypto exchanges.
              All these exchanges make it pretty easy though if you do owe. They generate CVV files that show your +/-
              Comment
              • QuantumLeap
                SBR Hall of Famer
                • 08-22-08
                • 6878

                #8022
                Originally posted by shocka1212
                All these exchanges make it pretty easy though if you do owe. They generate CVV files that show your +/-
                Binance.com only allowed me to go back 3 months.
                Comment
                • lotuspod
                  SBR High Roller
                  • 06-03-17
                  • 204

                  #8023
                  Comment
                  • TwitchySeal
                    SBR Hustler
                    • 08-08-19
                    • 72

                    #8024
                    Originally posted by QuantumLeap
                    Got a letter from the IRS today. It said I may owe taxes based upon crypto that I "may" have owned at one time.

                    I'm guessing they got my name from coinbase.com when I had an account there. As soon as they asked for my SSN I closed my account. I've never given any crypto site that info.

                    The IRS can suck my big one.
                    If you closed your Coinbase account as soon as they asked for your social, they can't be the reason you got the letter.
                    Comment
                    • Mrtop7
                      SBR Sharp
                      • 08-08-16
                      • 435

                      #8025
                      Originally posted by Snowball
                      The Federal Reserve will eventually crush bitcoin
                      governments have to protect their currencies
                      right now it's still an infatuation and ppl like it for all the wrong reasons.
                      they are all, by definition, worthless and non-existent.

                      of course it may go to 10,000 before being taken out but eventually
                      there can be no future for currencies that are not backed by a govt.

                      For some reason they are allowing it to happen right now and I surmise
                      that is because they want a cashless society where everyone is tracked.

                      Your are correct but if they come out with their own crypto like china it can work within the gov't both can make it
                      Comment
                      • Yulia74
                        SBR MVP
                        • 08-28-18
                        • 1907

                        #8026
                        HBAR is below ICO price
                        Comment
                        • raiders72001
                          Senior Member
                          • 08-10-05
                          • 11059

                          #8027
                          Originally posted by QuantumLeap
                          Looks like I was right about coinbase:

                          If you recently received IRS Letter 6174-A in the mail, you're not alone. The IRS is sending thousands of these letters to US taxpayers. Here's what we know so far.


                          IRS Letter 6174-A has all the markings of a generic mailing campaign, and not a personally targeted enforcement action. Although it's possible the IRS used its document matching program to identify suspected tax cheats and send them this letter, that's unlikely. The IRS isn't in the business of giving courtesy warnings to suspected tax cheats.

                          Rather, this letter is probably part of a blanket mailing campaign to any individual the IRS knows has a cryptocurrency trading account. This would include over14,000 Coinbase users identified in the 2017 summons, as well as taxpayers who receive a 1099 from US based crypto exchanges.
                          6173 is letter that you have to worry about. 6174 and 6174-A are fishing.
                          Comment
                          • Yulia74
                            SBR MVP
                            • 08-28-18
                            • 1907

                            #8028
                            Comment
                            • Yulia74
                              SBR MVP
                              • 08-28-18
                              • 1907

                              #8029
                              bitcoin halving 2020 is coming‎

                              btc dominance is falling....

                              Comment
                              • Yulia74
                                SBR MVP
                                • 08-28-18
                                • 1907

                                #8030
                                bitcoin has now lost dominance for 11 consecutive days, my alts are looking good


                                wish I was a bitcoin market maker, I would short it all the way to 6k.
                                Comment
                                • Yulia74
                                  SBR MVP
                                  • 08-28-18
                                  • 1907

                                  #8031
                                  go ada ������
                                  Comment
                                  • raiders72001
                                    Senior Member
                                    • 08-10-05
                                    • 11059

                                    #8032
                                    Originally posted by Yulia74
                                    go ada ������
                                    My favorite long term alt.
                                    Comment
                                    • Yulia74
                                      SBR MVP
                                      • 08-28-18
                                      • 1907

                                      #8033
                                      March 2010: 1 bitcoin = $0.003

                                      March 2020: 1 bitcoin = $8,850
                                      Comment
                                      • themike78
                                        SBR MVP
                                        • 07-01-13
                                        • 4873

                                        #8034
                                        Originally posted by Yulia74
                                        March 2010: 1 bitcoin = $0.003

                                        March 2020: 1 bitcoin = $8,850
                                        March 2030: 1 bitcoin = .0000000001
                                        Comment
                                        • ace7550
                                          SBR MVP
                                          • 05-08-15
                                          • 3729

                                          #8035
                                          Originally posted by themike78
                                          March 2030: 1 bitcoin = .0000000001
                                          I'll take the over
                                          Comment
                                          • raiders72001
                                            Senior Member
                                            • 08-10-05
                                            • 11059

                                            #8036
                                            Weekly Halving Report (2.24-3.1)
                                            Dear Binancians,
                                            One of the most anticipated events in the cryptocurrency industry is the Bitcoin halving.

                                            A Bitcoin halving (also called the Bitcoin halvening) is an event that sees the block rewards halved. When a halving occurs, miners only receive half of what they used to get as block rewards – however, there is no impact on transaction fees.

                                            The first Bitcoin halving took place on November 28th, 2012. According to Blockchain protocol, block subsidy was reduced from 50 BTC to 25 BTC. The second occurred on July 9th, 2016, seeing block subsidy reduced to 12.5 BTC. The next halving event, which is expected to take place in May 2020, will bring the subsidy down to 6.25 BTC.

                                            A halving event occurs approximately every four years, but the Bitcoin protocol does not set specific dates on which it takes place. Instead, it goes by block height – a halving occurs with every 210,000 blocks.

                                            There have been two Bitcoin halving events since the genesis block was generated in 2009, accompanied by record-high Bitcoin prices.
                                            ...
                                            Comment
                                            • Yulia74
                                              SBR MVP
                                              • 08-28-18
                                              • 1907

                                              #8037
                                              get ready for a ride guys
                                              Comment
                                              • asiagambler
                                                SBR Hall of Famer
                                                • 07-23-17
                                                • 6831

                                                #8038
                                                Originally posted by Yulia74
                                                bitcoin has now lost dominance for 11 consecutive days, my alts are looking good


                                                wish I was a bitcoin market maker, I would short it all the way to 6k.
                                                Yes, it will get worse before it gets better
                                                Comment
                                                • Yulia74
                                                  SBR MVP
                                                  • 08-28-18
                                                  • 1907

                                                  #8039
                                                  crypto markets are event driven

                                                  bitcoin halving - biggest event in crypto

                                                  Comment
                                                  • pilebuck13
                                                    SBR Posting Legend
                                                    • 05-15-15
                                                    • 17916

                                                    #8040
                                                    Buy or wait?
                                                    Comment
                                                    • mrpapageorgio
                                                      SBR MVP
                                                      • 09-07-17
                                                      • 2974

                                                      #8041
                                                      I don't think this Bitcoin selloff is lack of confidence in the crypto currency itself. I think people are liquidating all of their assets in general and just want to park what they have in cash or bonds out of fear. Even precious metals dropped.
                                                      Comment
                                                      • ThaWoj
                                                        SBR Hall of Famer
                                                        • 03-09-10
                                                        • 6748

                                                        #8042
                                                        6k JFC. Of course after I finally hit a nice wager too.

                                                        Guess there's no other choice but to hold now, no way I'm selling this low.
                                                        Comment
                                                        • Golden fleece
                                                          SBR Wise Guy
                                                          • 09-25-18
                                                          • 858

                                                          #8043
                                                          WOW

                                                          fear in full force now
                                                          Comment
                                                          • trytrytry
                                                            SBR Posting Legend
                                                            • 03-13-06
                                                            • 23650

                                                            #8044
                                                            everfresh in 3...2...1
                                                            Comment
                                                            • Chi_archie
                                                              SBR Aristocracy
                                                              • 07-22-08
                                                              • 63165

                                                              #8045
                                                              Comment
                                                              • Johnnythunder
                                                                SBR MVP
                                                                • 11-25-10
                                                                • 2161

                                                                #8046
                                                                How low do you think it will go?
                                                                Comment
                                                                • Yulia74
                                                                  SBR MVP
                                                                  • 08-28-18
                                                                  • 1907

                                                                  #8047
                                                                  Originally posted by Yulia74
                                                                  bitcoin has now lost dominance for 11 consecutive days, my alts are looking good


                                                                  wish I was a bitcoin market maker, I would short it all the way to 6k.


                                                                  hope to see 4K
                                                                  Comment
                                                                  • ace7550
                                                                    SBR MVP
                                                                    • 05-08-15
                                                                    • 3729

                                                                    #8048
                                                                    Originally posted by ThaWoj
                                                                    6k JFC. Of course after I finally hit a nice wager too.

                                                                    Guess there's no other choice but to hold now, no way I'm selling this low.
                                                                    Same here.
                                                                    Comment
                                                                    • Yulia74
                                                                      SBR MVP
                                                                      • 08-28-18
                                                                      • 1907

                                                                      #8049
                                                                      still falling.............

                                                                      Comment
                                                                      • BeatTheJerk
                                                                        BARRELED IN @ SBR!
                                                                        • 08-19-07
                                                                        • 31794

                                                                        #8050
                                                                        -40% now
                                                                        Last edited by BeatTheJerk; 03-12-20, 08:19 PM.
                                                                        Comment
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