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Showing 20 of 29 results by WhiteOutMashups
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Topic
Board Development & Technical Discussion
Re: Proof that Proof of Stake is either extremely vulnerable or totally centralised
by
WhiteOutMashups
on 31/08/2018, 15:46:25 UTC
Yes everyone knew that PoS is a PoS Cheesy Cheesy :poo: since anyone with money can take it over
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Topic
Board Legal
Re: Can I really just sell huge amounts through Coinbase?
by
WhiteOutMashups
on 15/02/2018, 16:41:51 UTC
great thanks for all the detailed guidance, here's $5k crypto Tongue
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Topic
Board Legal
Can I really just sell huge amounts through Coinbase?
by
WhiteOutMashups
on 15/02/2018, 15:56:56 UTC
Coinbase gives us a $100,000 limit PER WEEK

Can I REALLY just sell that much without causing any issues?

I know I have to pay (15%?) capital gains since I'm American, which I have no problem with.

So Coinbase just reports it to the IRS and then I fill out my capital gains 15% with TurboTax in April, and everything is OK?

I would hate for some random FBI thing to come in and freeze lots of my money or anything annoying like that, which I have heard about happening.

I will be contacting my bank and making sure everything is OK, as well as tax attorneys in my state and CPA's and try to make sure I'm doing everything right.

Are there any advisors or Crypto people with legal experience I can work with to make sure the Feds dont get mad?

I'm just a lucky one who got into Crypto early, no terrorist funding or money laundering here.

Please help with any advise.

ANY REALLY HELPFUL ADVISE WOULD BE GRANTED SOME CRYPTO AS WELL Smiley THANKS!
Post
Topic
Board Bitcoin Discussion
Re: Is It advisable to quit my present job for bitcoin?
by
WhiteOutMashups
on 24/11/2017, 02:53:05 UTC
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks

Hate to say it, but quitting to start trading is exactly like quitting your job to go play the casino all day
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Topic
Board Altcoin Discussion
Re: OmiseGo
by
WhiteOutMashups
on 12/11/2017, 08:47:08 UTC
Is this project only big because they somehow got Vitalik's face on it? Otherwise it seems to be a standard bank / crypto plan, and none of those have ever turned out well
Post
Topic
Board Altcoin Discussion
Re: Do you still support Ethereum?
by
WhiteOutMashups
on 12/11/2017, 08:34:23 UTC
Haha ethereum has nowhere to go but sideways :O forever lol, is my guess honestly no future or potential for hodlers
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Topic
Board Altcoin Discussion
Re: will Bitcoin Gold (BTG) replace Bitcoin ?
by
WhiteOutMashups
on 12/11/2017, 08:33:04 UTC
Wasn't bitcoin gold already cancelled though? Because Segwit isn't happening anymore? Wasn't that partly why everytime was flooding to bitcoin cash today?
Post
Topic
Board Speculation (Altcoins)
Re: What will happen if Bitcoin Gold (BTG) goes live?
by
WhiteOutMashups
on 12/11/2017, 08:31:20 UTC
Wasn't bitcoin Gold just recently cancelled due to the Segwit fork cancel? I think it was. So now the only options are bitcoin or bitcoin cash
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Topic
Board Speculation
Re: Will BTC go back to 7k+?
by
WhiteOutMashups
on 12/11/2017, 08:27:42 UTC
When in doubt, hodl Smiley

Something with as much infrastructure as bitcoin can't just die out completely, I reckon.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Under Attack Stay Strong
by
WhiteOutMashups
on 12/11/2017, 08:25:27 UTC
Why is everyone against bitcoin cash? Is it only because you hold bitcoin?

Don't you think it's good to have bigger blocks and faster transactions? Makes bitcoin currencies more mainstream
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Topic
Board Bitcoin Discussion
Re: The word of the day Collusion
by
WhiteOutMashups
on 12/11/2017, 08:23:06 UTC
This is a very good point. Centralized mining and inaccessibility is the biggest weakness of bitcoin and blockchain currencies.

That's why I'm almost all in on MaidSafe Smiley
Post
Topic
Board Altcoin Discussion
Re: This Week in MaidSafe!! Infographics
by
WhiteOutMashups
on 12/11/2017, 08:20:52 UTC
Post
Topic
Board Altcoin Discussion
Re: This Week in MaidSafe!! Infographics
by
WhiteOutMashups
on 12/11/2017, 01:40:23 UTC
Post
Topic
Board Altcoin Discussion
Re: This Week in MaidSafe!! Infographics
by
WhiteOutMashups
on 12/11/2017, 01:37:30 UTC
Post
Topic
Board Altcoin Discussion
This Week in MaidSafe!! Infographics
by
WhiteOutMashups
on 12/11/2017, 01:31:05 UTC
Looks like I can't post direct images, but here are the images I've been making for MaidSafe every week!

Should make it very easy to see how they are progressing.

Look out for them every week! Just doing this to help, thanks.
Post
Topic
Board Altcoin Discussion
CoinFolio - Open Net Worth tracker I made
by
WhiteOutMashups
on 11/11/2017, 10:34:16 UTC
Hey everyone,

I made a little open source tracker tool for Bitcoin / altcoin values. Hope you enjoy it!

Current version with latest features:
http://bit.do/coinfolio2

Legacy version here:
http://bit.do/coinfolio1

Source code for legacy version:
https://github.com/wgallo3/Coinfolio

Any comments or suggestions help! It should let you add in any altcoin, or even other asset classes such as cars or houses in the "custom entries" field so you can track your total net worth over time.

I wanted to see this for myself, but every current alternative service asks for so much data. So I wanted to just make an open source alternative, that asks for nothing at all Smiley not even addresses.

Enjoy! Another project by the SAFE-FS group Cheesy
Post
Topic
Board Bitcoin Technical Support
Re: I was super cheap, think this transaction will ever confirm?
by
WhiteOutMashups
on 19/10/2017, 03:51:02 UTC
How do you accelerate transactions? What doesn't that mean? Adding additional miner fee after it's  been sent?
Post
Topic
Board Legal
Re: Wondering about Taxes and legal stuff in USA
by
WhiteOutMashups
on 18/10/2017, 19:16:52 UTC
Many traders seem to sell that for cash instead, instead of trying to immediately deposit hundreds of thousands to a bank account. That is what I have seen others discuss, but am not sure if it has actually happened anywhere.
Post
Topic
Board Legal
Re: Can bitcoin be frozen?
by
WhiteOutMashups
on 18/10/2017, 19:10:30 UTC
in my opinion,,, I guess bitcoin would never frozen while the number of users and business people themselves who use them to transact,,, it's just possible that its use will indeed be set according to the rules in force in their respective countries

These are the questions that show how unstoppable Bitcoin is, and how it doesn't truly in any real way at all suffer any of the problems that the largest currencies of today do iu
Post
Topic
Board Legal
Re: Not Declaring Bitcoin Income
by
WhiteOutMashups
on 18/10/2017, 18:59:47 UTC
In my country, you can't even find a place where "Bitcoin" is written on something, so i don't think if the government would need to be concerned with anything related to bitcoin right now. Maybe if in future bitcoin overtakes the country and is found everywhere then maybe the government will start tracking the incomes of people coming out of it, but that doesn't seem to be happening very soon. So i don't really declare my bitcoin income and i don't even need to do that.

yeah thats the reason you have to be careful with your taxes anway, especially concerning cryptocurrencies