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Author Topic: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)  (Read 22308 times)
rfgqqabc
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« Reply #315 on: November 14, 2017, 11:04:08 PM »

Where are the best places online to keep up to date with crypto? I find this all really interesting even though i've currently not invested, can't wait to see in a year if i'm going to regret missing out or not Cheesy

https://www.bloomberg.com/europe

https://www.cnbc.com/world/?region=world

....................

https://www.coindesk.com
Decent resource.

https://www.cryptocoinsnews.com

not used this before but it seems okay.

http://www.zerohedge.com/search/apachesolr_search/bitcoin?solrsort=created%20desc

 need to filter for cryptocurrency stuff but its fine, picks up some of the weirder less corporate stories.

coincap.io for a quick overview of price and marketcap/btc dominance.
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lucky_scrote
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« Reply #316 on: November 14, 2017, 11:14:10 PM »

reddit is great for crypto excluding bitcoin and bitcoin cash
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rfgqqabc
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« Reply #317 on: November 15, 2017, 12:44:06 AM »

https://tokeneconomy.co

these guys are good too.
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« Reply #318 on: November 15, 2017, 02:56:24 PM »

Bitcoin going mental in Zimbabwe

Cliffs :

$13k a coin there

$1m in volume last 30 days - In comparison during the whole of 2016 there was $100k of transactions on the Golix exchange.

https://www.timeslive.co.za/sunday-times/business/2017-11-15-bitcoin-surges-in-zimbabwe-after-military-seize-power/
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« Reply #319 on: November 15, 2017, 02:57:35 PM »

Where are the best places online to keep up to date with crypto? I find this all really interesting even though i've currently not invested, can't wait to see in a year if i'm going to regret missing out or not Cheesy

www.coinmarketcap.com
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nirvana
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« Reply #320 on: November 15, 2017, 04:14:32 PM »

Where are the best places online to keep up to date with crypto? I find this all really interesting even though i've currently not invested, can't wait to see in a year if i'm going to regret missing out or not Cheesy

www.coinmarketcap.com

Amazing to think 200  bn plus of market cap, across these crypto,  and I ain't got a scoobies why. Guess I'm never gonna  apply myself to learn why but it is extraordinary
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nirvana
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« Reply #321 on: November 15, 2017, 04:17:22 PM »

Uk government should launch a brexcoin to settle up with those pesky Europeans.
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tikay
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« Reply #322 on: November 15, 2017, 04:52:21 PM »

Bitcoin going mental in Zimbabwe

Cliffs :

$13k a coin there

$1m in volume last 30 days - In comparison during the whole of 2016 there was $100k of transactions on the Golix exchange.

https://www.timeslive.co.za/sunday-times/business/2017-11-15-bitcoin-surges-in-zimbabwe-after-military-seize-power/

With a coup d'etat in progress, Mr Mugabe effectively locked up, & many of the Government Ministers about to experience the smell of burning rubber tyres at close hand, these are the perfect conditions to encourage speculators to join the fun.

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« Reply #323 on: November 15, 2017, 05:00:17 PM »

Anyone fancy a trip to Zimbabwe to sell a load of bitcoin to em for $14k a coin?
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« Reply #324 on: November 15, 2017, 05:34:01 PM »

Uk government should launch a brexcoin to settle up with those pesky Europeans.

Very good, but would John Claude Gooner or Hans Von Gooner attach any value to them?
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nirvana
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« Reply #325 on: November 15, 2017, 07:10:04 PM »

Uk government should launch a brexcoin to settle up with those pesky Europeans.

Very good, but would John Claude Gooner or Hans Von Gooner attach any value to them?

If only there were more sub 30 yr old poker players at the helm
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nirvana
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« Reply #326 on: November 15, 2017, 08:15:42 PM »

Waded in- i  own .00445299 bitcoin
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« Reply #327 on: November 15, 2017, 08:49:10 PM »

ffs, just spent .0033 btc, only got about .001 left
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« Reply #328 on: November 16, 2017, 01:49:01 AM »

Hypothetically speaking if I cashout x amount of bitcoin from a poker site, the bitcoin increases by y amount in value so that capital gains tax would need to be enforced, but I also use that bitcoin to play poker on various other sites where I win/lose z amount, is there any way for the IRS to prove that I have to pay CGT on the bitcoins I have held? So for example I withdraw $100k worth of BTC to my exchange, I redeposit $70k of that, lose $20k but the $30k I have in the exchange increases in value by $10k does that qualify? Is there any way for the IRS to prove this? Are they in contact with the exchanges?
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« Reply #329 on: November 16, 2017, 07:28:59 AM »

Hypothetically speaking if I cashout x amount of bitcoin from a poker site, the bitcoin increases by y amount in value so that capital gains tax would need to be enforced, but I also use that bitcoin to play poker on various other sites where I win/lose z amount, is there any way for the IRS to prove that I have to pay CGT on the bitcoins I have held? So for example I withdraw $100k worth of BTC to my exchange, I redeposit $70k of that, lose $20k but the $30k I have in the exchange increases in value by $10k does that qualify? Is there any way for the IRS to prove this? Are they in contact with the exchanges?

I would say you only pay cgt on assets held in a wallet on an exchange. As soon as you deposit into the poker site it's no different to purchasing a loaf of bread. Even though you could lose half your roll while playng poker, if BTC doubles you have effectively parred your losses.

In saying that the US tax system is totally different to the UK so you would really need to clarify this with an accountant over there.

If there is a poker site that accepts American players into an international player pool please spill the beans. I miss playing the Americans and I was a raging fish back then so feel as though I missed out!
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