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Showing 17 of 17 results by Cosmorph
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Topic
Board Legal
Topic OP
Canadian Turbo Tax & Bitcoin income
by
Cosmorph
on 23/03/2014, 08:24:21 UTC
Mined some Bitcoin a couple years ago and finally sold them over the 2013 tax year. I'm looking todo my taxes in Canada with Turbo Tax.
Has anyone on this forum done this before? How should I declare the income I received and under what form?

Or should I just hit up a pro accountant?

My situation can't be that unique gotta be some of you out there that have done this before, any tips or suggestions would be appreciated.
Post
Topic
Board Service Discussion
Re: inputs.io security issue?
by
Cosmorph
on 08/11/2013, 07:07:07 UTC
My account appears not to have been comprised but I can't send any coin due to the "Sending has failed. The hot pocket may be empty. We have being notified of this." issue. Anyone know when this is going to get fixed?
Post
Topic
Board Meta
Re: The last posting from your IP was less than 64 seconds ago. Please try again...
by
Cosmorph
on 04/06/2013, 05:33:37 UTC
It looks like he may be talking about searching?  If so quite often I'm looking for something the reason I can't find it is because I'm unsure about what I should be searching for, so I'll need to do 2 or more searches in quick succession to find the proper term.  This can be annoying, usually I'll go do something else between searches and it takes quite a while to actually get it done.

Sorry for not being more specific I was a tad annoyed at the time but searching is exactly what I was talking about. The best answer is to leave the site to search the site ie. google.
Post
Topic
Board Lending
Re: CoinLenders :: Get bitcoin loans, and earn interest on your deposits!
by
Cosmorph
on 28/05/2013, 03:15:27 UTC
After you enter captcha response you get a blank brower unrenderable page unless you manually enter the url https://coinlenders.com/account - You need to fix this.
Post
Topic
Board Meta
Topic OP
The last posting from your IP was less than 64 seconds ago. Please try again...
by
Cosmorph
on 28/05/2013, 03:11:46 UTC
I realize this is for security reasons but if you want it to be effective yet still let most users power search shorten the "cooldown" to 5 seconds. 64 Seconds is excessive.
Post
Topic
Board Altcoin Discussion
Re: Anybody using LTC-Wallet.com (LTC web wallet)?
by
Cosmorph
on 24/04/2013, 13:13:55 UTC
How many eggs are we talking? Web wallets are ok for pocket change, like a couple hundred LTC - max.

Also, consider that these wallets and their operators are MUCH more likely to be the target of hackers and ddos attacks than you are.

Just get a very strong, hard password (20 or more letters+numbers+symbols), and back up the wallet to 3-4 USB flash drives.

Maybe rename the wallet.dat file and place it amongst a bunch of other useless, similarly named files.

Keep one drive in safety deposit box, one at home, one with a friend, maybe one in your car.

And make sure you have a clean, new install of your OS when you back it up and make your password.



Or... just switch to linux.
Post
Topic
Board Altcoin Discussion
Re: Ripple giveaway : 5 x 500 XRP
by
Cosmorph
on 24/04/2013, 13:11:56 UTC
Warning if you sign up for this shitty giveaway you will be data mined and possibly spammed. Not worth it in my opinion.
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Topic
Board Off-topic
Re: Feathercoin already more difficulty to mine then Litecoin was last March?!?!?
by
Cosmorph
on 24/04/2013, 12:12:55 UTC
Post
Topic
Board Off-topic
Topic OP
Feathercoin already more difficulty to mine then Litecoin was last March?!?!?
by
Cosmorph
on 24/04/2013, 12:09:42 UTC
Earlier this year, during the first week of March, I was mining Litecoin at 17.60344158 difficulty, and Litecoin had already been out a good year at this point.
Feathercoin has only been out 1 week at its difficulty is at: 23.883 and rising.

There must be quite a few X-Bitcoin rigs out there mining away on this coin. Thats alot of energy consumed on what is essentially worthless and extremely speculative at this point.
With this much mining power migrating to Feathercoin, you'd think that Litecoin would see a drop off in difficulty but it too is also on the rise. Go figure???
Post
Topic
Board Project Development
Re: Attention: A-List Developers, $$$ Prize For....?
by
Cosmorph
on 17/04/2013, 04:07:16 UTC
Check out Ripple
https://ripple.com

Basically solves all the problems you've mentioned and is... by the way, a financially well backed startup.

Cheers
Post
Topic
Board Altcoin Discussion
Re: Ripple Giveaway!
by
Cosmorph
on 17/04/2013, 03:42:29 UTC
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Post
Topic
Board Beginners & Help
Re: Is BFL a scam?
by
Cosmorph
on 16/04/2013, 19:34:01 UTC
I would like to hear your Opinions. After 6 months of promises and not delivering do you think there will finally be shipped something or not?

Greetings

Here is a prior 23 page post on whether BFL is a scam or not.

https://bitcointalk.org/index.php?topic=114329.0



Noobs can't comment outside of the noob section. Unless you can change that?
Post
Topic
Board Beginners & Help
Re: Is BFL a scam?
by
Cosmorph
on 16/04/2013, 19:31:51 UTC
Partly yes, delivery date promises then constant delays due to in part what is probably just poor engineering from the ground up. Avalons are ugly to look at but from what i've read they seem reliable and reasonably efficient compared to any GPU rig. (Butterfly Labs if you're reading this, they don't need to be pretty and they don't need to be super power efficient (as nice as it would be) mining 50Ghs at 600 Watts is fine by me.) We really need a new competitor in this field someone who's ready to deliver now (a man can dream). That being said beware of scams tons of those out there right now.
Post
Topic
Board Beginners & Help
Re: The next ACSI?
by
Cosmorph
on 16/04/2013, 19:13:50 UTC
Hi,
   This looks interesting, but I don't think it will be able to compete with the Avalon ASIC.  The 64 cores are certainly nice, but a single Avalon ASIC can do 275 Mhash/s. 
   Even if each Epiphany-IV core can produce one full hash every 640 clock cycles, it will only generate 80 Mhash/s.  I'm more of an FPGA/ASIC person, so I'm basing the 640 clock cycles on 10 clocks per individual SHA256, and 64 rounds per hash, which might even be low. 
   I think it is hard to compete with the Avalon ASIC custom chip, which was custom designed for mining.
 
Regards,
Pat

Think you might be a bit wrong on some info the butterfly labs chips are the only ones designed from the ground up to be bitcoin mining chips the ASIC ones are just off the shelf ones (hence the reason theres so many on each board)

As more and more time goes by, butterfly labs is really starting to look more and more like a scam, that or, butterfly labs bit off more then they could chew by designing and mass producing an extremely delicate and complicated chip, therefore currently as much as they may want to release their asic minings rigs they're probably having serious reliability issues due to poor engineering from the ground up. All that being said, a worse case scenario, they may have already successfully built all mining rigs for batch/round 1 sales and they're simply mining with them until no longer very profitable todo so. Either way you look at BFL there's just something not right. IMHO
Post
Topic
Board Beginners & Help
Re: Building a Budget Mining Rig
by
Cosmorph
on 16/04/2013, 19:04:47 UTC
Is there any point to amatuer mining anymore?

Yes!, look up alt currencies. Many people out there including myself are making a small fortune with our old bitcoin mining equipment mining other currencies such as litecoin, terracoin, ppcoin etc. Whatever the flavor of the day or price encourages us to mine.  Cool
Post
Topic
Board Beginners & Help
Re: Has anyone proposed a coin that adjusts its supply to stabilize prices?
by
Cosmorph
on 16/04/2013, 19:01:15 UTC
Have a look at Ripple, it looks to solve some of the problems associated with confirmation delays and transaction costs.
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Topic
Board Beginners & Help
Re: Introduce yourself :)
by
Cosmorph
on 16/04/2013, 18:58:07 UTC
Hey all, new here, just getting my 4 posts in.

 Wink