BigOxley Posted November 29, 2017 Report Share Posted November 29, 2017 Just keep trying with coinbase. I was having issues this morning too, maybe wait until night when the people start going to bed here in the u.s. P.S. just setup Coinbase, I wouldn't buy right now. There is a big dip coming up, buy then. "When is this dip happening?" Who the fuck knows... P.P.S. talk your friends and family to get it. The value goes up when more people are involved. Quote Link to comment Share on other sites More sharing options...
Archie Posted November 29, 2017 Report Share Posted November 29, 2017 Even in the descriptions of how to Mine, it states that you are LITERALLY creating "bitcoin" out of thin air. People are manic and frantic about the price, of, nothing. Insanity. It is insanity. As one of the absolute fucking idiots that bought $40 worth of bitcoins back in the day and sold it because I didn't think they would be worth anything, you never know if this is still in the infant stages or if it's peaked already. Quote Link to comment Share on other sites More sharing options...
Archie Posted November 29, 2017 Report Share Posted November 29, 2017 Just keep trying with coinbase. I was having issues this morning too, maybe wait until night when the people start going to bed here in the u.s. P.S. just setup Coinbase, I wouldn't buy right now. There is a big dip coming up, buy then. "When is this dip happening?" Who the fuck knows... That's what I took from your other post... thanks for the info. Quote Link to comment Share on other sites More sharing options...
BigOxley Posted November 29, 2017 Report Share Posted November 29, 2017 That's what I took from your other post... thanks for the info. Just wanted to reiterate. There is a lot of FOMO (fear of missing out) going on. Quote Link to comment Share on other sites More sharing options...
99StockGT Posted November 29, 2017 Report Share Posted November 29, 2017 Just wanted to reiterate. There is a lot of FOMO (fear of missing out) going on. Exactly what I'm trying to explain to the people around me, RARELY does it make sense to buy when the bull is still charging unless you are banking on this thing going from $11,000 to $20,000 in the reasonably near future. Can never make decisions for others but right now for those who are holding is... cash out now take your greater than 75% gain in a month... or keep on riding until there's a sign the Bull is running out of steam. Quote Link to comment Share on other sites More sharing options...
Archie Posted November 29, 2017 Report Share Posted November 29, 2017 What are your thoughts on Litecoin or Ethereum? Quote Link to comment Share on other sites More sharing options...
BigOxley Posted November 29, 2017 Report Share Posted November 29, 2017 What are your thoughts on Litecoin or Ethereum? Both are good, imo. I would error on the side of going with litecoin. If you're a set it and forget it kind of person, do 1/3 of your money in each. Quote Link to comment Share on other sites More sharing options...
Forrest Gump 9 Posted November 29, 2017 Report Share Posted November 29, 2017 You can also trade Bitcoin thru the normal channels (TD, ameritrade, scottrade,...) by the symbol GBTC. If you trade thru Coinbase you’ll loose a lot of money due to the 1.49% fee. Scottrade only $7.00 per trade. Quote Link to comment Share on other sites More sharing options...
99StockGT Posted November 29, 2017 Report Share Posted November 29, 2017 You can also trade Bitcoin thru the normal channels (TD, ameritrade, scottrade,...) by the symbol GBTC. If you trade thru Coinbase you’ll loose a lot of money due to the 1.49% fee. Scottrade only $7.00 per trade. What are the tax implications of doing it through a brokerage? Part of the appeal of BitCoin or any other online currency is it's essentially a "hidden income" until such time as it's converted into US currency and moved "on shore" Quote Link to comment Share on other sites More sharing options...
Supplicium Posted November 29, 2017 Report Share Posted November 29, 2017 So what happens when all the coins are mined? All the records supposed to be recorded on the blockchain for free with no incentive? Quote Link to comment Share on other sites More sharing options...
Supplicium Posted November 29, 2017 Report Share Posted November 29, 2017 What are the tax implications of doing it through a brokerage? Part of the appeal of BitCoin or any other online currency is it's essentially a "hidden income" until such time as it's converted into US currency and moved "on shore" its taxable income if in a taxable brokerage account. In a Roth IRA it would be exempt. Quote Link to comment Share on other sites More sharing options...
Forrest Gump 9 Posted November 29, 2017 Report Share Posted November 29, 2017 Well, I think the “dip” has just happened. BTC went down to $8k for a hot second and back to $10k Quote Link to comment Share on other sites More sharing options...
99StockGT Posted November 29, 2017 Report Share Posted November 29, 2017 its taxable income if in a taxable brokerage account. In a Roth IRA it would be exempt. Exactly, you also don't have nearly the "lightning quick" trades you do when doing it directly through the exchange. Many of those brokerage accounts have a lag that can be anything from an hour to E.O.B.D. which in the world of Bitcoins can be yuge Part of the appeal of this type of thing is you are going outside the standard banking structure and have little in the way of tax application until you choose to make things available in liquid cash. Quote Link to comment Share on other sites More sharing options...
BigOxley Posted November 29, 2017 Report Share Posted November 29, 2017 Get ready to buy, I think we're going off a cliff! Sent from my iPhone using Tapatalk Quote Link to comment Share on other sites More sharing options...
Zx2guy19 Posted November 29, 2017 Report Share Posted November 29, 2017 If I wanted to buy one coin right now where do I get started? Someone send me a link so I can piss away some money. Quote Link to comment Share on other sites More sharing options...
Not Brian Posted November 29, 2017 Report Share Posted November 29, 2017 If I wanted to buy one coin right now where do I get started? Someone send me a link so I can piss away some money. Already been posted multiple times. Quote Link to comment Share on other sites More sharing options...
Zx2guy19 Posted November 29, 2017 Report Share Posted November 29, 2017 Already been posted multiple times. I went through the entire thread and don't see a link where to buy. Quote Link to comment Share on other sites More sharing options...
Not Brian Posted November 29, 2017 Report Share Posted November 29, 2017 It's not too late guys. There will be dips in the future, but gains are to be had. Sign up for Coinbase.com. add your info and a credit card. Super simple. There's a good Coinbase app too Sent from my iPhone using Tapatalk hmmm. Quote Link to comment Share on other sites More sharing options...
gillbot Posted November 29, 2017 Report Share Posted November 29, 2017 Well, I think the “dip” has just happened. BTC went down to $8k for a hot second and back to $10k Probably trying to shake up armchair investors so it can rally higher. IMHO of course. Quote Link to comment Share on other sites More sharing options...
BigOxley Posted November 29, 2017 Report Share Posted November 29, 2017 hmmm. Maybe he blocked me lol Quote Link to comment Share on other sites More sharing options...
Zx2guy19 Posted November 30, 2017 Report Share Posted November 30, 2017 hmmm. Thanks, I was looking for a hyperlink (there are a few in this thread), so that's how I missed it. Maybe he blocked me lol Why would I block you? Quote Link to comment Share on other sites More sharing options...
Sledhead36 Posted November 30, 2017 Report Share Posted November 30, 2017 Can anyone name a known investment advisor who recommends this? Other than internet social media? Serious question. Quote Link to comment Share on other sites More sharing options...
RedRocket1647545505 Posted November 30, 2017 Report Share Posted November 30, 2017 Can anyone name a known investment advisor who recommends this? Other than internet social media? Serious question. Part B to this question. And did they recommend it at the beginning of this year? Quote Link to comment Share on other sites More sharing options...
TimTaylor751647545500 Posted November 30, 2017 Report Share Posted November 30, 2017 Torg & Elliot had a financial advisor on their show the other morning discussing it. I contacted QFM trying to get the fella's name. Quote Link to comment Share on other sites More sharing options...
BigOxley Posted November 30, 2017 Report Share Posted November 30, 2017 Part B to this question. And did they recommend it at the beginning of this year? I was talking to my gym's owner yesterday. He said he asked his financial advisor about Bitcoin back in 2012-13ish. He said he advisor looked at him like he had 3 heads. Quote Link to comment Share on other sites More sharing options...
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