Coinbase seems to have lowered the reward for new coins from $6 to $3. Considering that it costs a dollar commission to sell them, it's no longer worth the effort.
You want to make some real money with crypto? Here's how:
1) Sign up for a Coinbase account
2) Watch all the promotional videos for the various shitcoins they're promoting. Take the quiz, and get about $6 worth of the various shitcoins as a reward for watching them. There is about half a dozen of these videos for different shitcoins now.
3) Sell the various shitcoins for cash. Yeah, you'll lose about a dollar in commission by selling each one. But, it's better than holding onto a shitcoin and watching it go to zero over the next year. Trust me on this.
4) Cash out your holdings. Congratulations, you're now about $30 richer for about 90 minutes of "work". Better yet, you're not going to be holding the bag when Coinbase eventually gets hacked and "loses" all of your crypto.
5) Alternately, you could buy a cryptocurrency that might actually hold its value like Bitcoin or Ethereum, but then you still have to worry about Coinbase getting hacked and "losing" all your crypto.
Taxed like capital gains.I noticed the crypto currency question on the 1040 this year.
And, read today any transactions over 10,000 are to be reported.
( thats like one share of bit-coin ? )
Anyway, I'm not invested.
But, can anyone tell me how ( briefly ) the IRS treated the crypto currency questions ?
Taxed or not ?
Yes, you predicted this crash, but were only a year off. Why didn't we listen???It looks like the correction that I was expecting last year finally happened, but it took a lot longer than expected this time
Yes, you predicted this crash, but were only a year off. Why didn't we listen???
Are the prices now higher or lower than back then? I'm pretty sure prices now are still higher after the correction. So you've pretty much been wrong the whole time and still are wrong. Until the prices are lower than when you were calling for the crash, you'll always be wrong.It looks like the correction that I was expecting last year finally happened, but it took a lot longer than expected this time
Are the prices now higher or lower than back then? I'm pretty sure prices now are still higher after the correction. So you've pretty much been wrong the whole time and still are wrong. Until the prices are lower than when you were calling for the crash, you'll always be wrong.
So did you sell out of your entire ETH position at around $4k? If not, how did you nail it?For me to be "fully" right, the price of Bitcoin needs to drop below $20,000. I doubt that's going to happen, though, because there seem to be some whales who keep buying more Bitcoin once it gets below $31,000.
I was right when I said that the price of Ethereum was due for a crash when it got around $4,000, though, so I nailed that one.
So did you sell out of your entire ETH position at around $4k? If not, how did you nail it?
Definitely wise to keep some IMO. PoS is soon TM. Also, buy the dips
I don't remember you pounding the table and telling everyone to sellout of ETH at $4k.Not my entire position, no. You can't argue that I was wrong about that one, though.
FTX bankruptcy
A year later ... what are your " feelings " about crypto now ?
( I'm still trying to understand the " value " of this intangible asset )
Ether 1,344.33 USD now
Don't want to wade into the anti-crypto thread? That's where all the fun is.
This is where all of the smart people go to post about crypto --> http://www.portvapes.co.uk/?id=Latest-exam-1Z0-876-Dumps&exid=threads/the-anti-crypto-thread.2593709/Link ?
I still would like to know what they guys here think now ...