Bitcoin Exchange Bitfinex Gives US Customers the Boot Blaming Regulations
https://cointelegraph.com/news/bitco...ng-regulations
Bitcoin Exchange Bitfinex Gives US Customers the Boot Blaming Regulations
https://cointelegraph.com/news/bitco...ng-regulations
Bitcoin, Altcoin Exchange Bittrex Eyed With Suspicion Due to Thousands of Mysterious Account Closings
https://cointelegraph.com/news/bitco...count-closings
I wouldn't touch ETH but that's just me. It hit a high in June of this year and it's been downhill ever since. Each "rally" in price has been lower than the previous.
That's not to say it won't bounce up in the future. I'll leave that for someone more in tune to such things to decide. I'm not going to try to time that rally. Timing in things like this has been my ruin in the past.
i think stabilization of the exchanges would be more important than price stabilization
i know i'm not the only one that has gotten fed up with customer service and other issues... mt gox stole my bitcoin, then circle quit doing transactions, then coinbase locked me out, then kraken wouldn't let me do wire transfers
if there was an easy, serious company committed to bitcoin trading then it would be a much better sell to the mainstream. what am i supposed to tell my clients? hey you can pay me with bitcoin! but the transactions take too long and there's no customer service when something goes wrong! step right up lol
Bitcoin just surged above $6,000, a record
https://www.cnbc.com/2017/10/20/bitc...s-of-6000.html
i see BITCOIN did another hard fork into Bitcoin Gold this week...
can we claim free Bitcoin Gold in our wallets like how Bitcoin Cash was done before ????
It depends on which wallet you're in. If your BTC is at Bittrex or Bitfinex, you'll automatically be awarded BTG without having to do anything.
If your BTC is at Electrum or another private wallet, see this thread: https://www.sportsbookreview.com/for...-gold-btg.html
If your BTC is at another exchange, the outlook's pretty bleak, but it's worth asking the Support staff.
If your BTC was at a sportsbook like Nitro or Cloudbet, then, no, you're hosed.
regarding the other Bitcoin/IRS/Coinbase discussion in players talk
if I have a small amount of bitcoin in coinbase, but never verified my account for buying/selling purposes with driver's license or ID, am I in the clear as far as taxes go?
thanks for the response bro i appreciate it...
i actually have Exodus desktop wallet, this time it wasnt given i actually have to export my private keys after watching some youtube videos which can be dangerous apparently so i dont think im going to do it..... i may just wait for the next fork in mid november which i think will be supported on Exodus like Bitcoin Cash was
thoughts??
Last edited by firekillex; 10-26-17 at 02:05 AM.
If you don't have any sales at Coinbase or GDAX (which is co-owned with CB), then you're probably OK. You only owe taxes on the profits you realize when you sell your crypto, so if they can't match your purchases to any sales, and the amount we're talking about is low enough that it isn't cost effective for them to take extra steps (like tracing your BTC to other accounts where they might find sales to match to your purchases), then you should be fine.
Still, though, best practice is to leave CB entirely and get yourself into some anonymous accounts.
You're golden. Exodus is a private wallet, so you control the private keys to your wallet's receiving address/es. Here's a guide to access those private keys : http://support.exodus.io/article/86-...y-private-keys
When you get your private key all you have to do is wait. In a couple of weeks, after BTG goes live, you'll be able to exchange that key for an amount of BTG equal to the amount of BTC you had in your wallet at 9:30pm EST Monday night. When the BTG development team tells us exactly how to do that, I'll post it, so keep half an eye on SBR.
Oh, also, you don't have to keep your BTC in your Exodus wallet between now and then to claim your BTG. All you need to get your BTG is the private key, not the BTC that then resided at that key's address, so you're free to do what you want w/ your BTC.
How 'safe' it is relies on how secure the BTG groups software is mostly.
Easy options to help prevent any nasty surprises would be to not make any transactions for a few days around any fork. Leave others to be the guinea pigs basically. And also, once a fork has occurred transfer any bitcoin to a new wallet before importing that wallet to something BTG compatible as that way even if something does go wrong it can only be the BTG that you can lose and not any BTC.