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Quick Navigation Bottom Misc
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» MISC Crypto Crew (MCC) Vol 8: Running a Tron on Linda
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post 1540453901 01-12-2018, 10:55 PM
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#4441
  1. shoelaces
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  1. shoelaces
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Originally Posted By KoCorl
Invest in 999 different ones and profit?
Sure if you have $999k available lol. Because you want to toss at least a grand at an ICO. Otherwise you are not even in the game. Like I said once I build my stack, I will test the waters with a couple promising ICOs.

Not ready to stomach that kind of volatility just yet.
post 1540453921 01-12-2018, 10:55 PM
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#4442
  1. buzkil
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  1. buzkil
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Originally Posted By armyr0b
So anyone know with any certainty how taxes on trades will work
Don't quote me but, they might want to tax each individual trade that you make, instead of taxing the difference of what you put into crypto and what you have taken out.



This is just what I have been reading on it (Don't truly now)
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post 1540453971 01-12-2018, 10:56 PM
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#4443
  1. AmIGoodNuff
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  1. AmIGoodNuff
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Uh XLM is next?
B:300 S:405 D:485

2/5/17: The Crowning of King Brady.

"I have embraced my Autism. I am a proud Autist. I believe it endows me with special powers that are incomprehensible to pathetic normies like you. I would gladly sacrifice any chance at a normal life to benefit from the GIFT that is AUTISM."-Ausaric
post 1540454041 01-12-2018, 10:57 PM
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#4444
  1. drLihp
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  1. drLihp
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looks like the whales sold off some of their wtc to pick up cheap ven
post 1540454081 01-12-2018, 10:57 PM
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#4445
  1. shoelaces
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  1. shoelaces
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Originally Posted By buzkil
Don't quote me but, they might want to tax each individual trade that you make, instead of taxing the difference of what you put into crypto and what you have taken out.



This is just what I have been reading on it (Don't truly now)
Trading is a taxable event or was. In Feb I believe the new tax code will only apply to profitable trades. But jokes on them, I trade on non-US exchanges. Good luck IRS at finding my records.
post 1540454091 01-12-2018, 10:57 PM
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#4446
  1. JM18
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thanks for the ven dip got me some more
ლ(ಠ益ಠლ)
was 212
now 168
post 1540454111 01-12-2018, 10:58 PM
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#4447
  1. AmIGoodNuff
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Originally Posted By shoelaces
Trading is a taxable event or was. In Feb I believe the new tax code will only apply to profitable trades. But jokes on them, I trade on non-US exchanges. Good luck IRS at finding my records.
Pepper ya angus, IRS doesnt play.
B:300 S:405 D:485

2/5/17: The Crowning of King Brady.

"I have embraced my Autism. I am a proud Autist. I believe it endows me with special powers that are incomprehensible to pathetic normies like you. I would gladly sacrifice any chance at a normal life to benefit from the GIFT that is AUTISM."-Ausaric
post 1540454141 01-12-2018, 10:58 PM
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#4448
  1. kmaldona
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Whats the Misc discord?
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I Rep Back So Put Rep Back In Your Rep So I can Rep You Back.
post 1540454201 01-12-2018, 10:59 PM
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#4449
  1. KoCorl
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Originally Posted By shoelaces
Sure if you have $999k available lol. Because you want to toss at least a grand at an ICO. Otherwise you are not even in the game. Like I said once I build my stack, I will test the waters with a couple promising ICOs.

Not ready to stomach that kind of volatility just yet.
soon.jpg

but srsly, yeah if you keep up on twitter and other outlets ICO's are actually pretty hard to lose on tbh.

Honestly the best way is when you make a good trade and have like 2-5 eth profit laying around just toss that in like the top 2-5 shilled ico's over social media and keep that chit in your wallet so you forget about it/dont have it on the exchange so you don't have the temptations to sell. I'd say were talking at least 50% will profit so much even if the other 50% exit scammed you are still massively ahead. It really is this easy right now.
LA misc crew
Misc Crypto DEEP pockets crew
post 1540454211 01-12-2018, 10:59 PM
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#4450
  1. GaryCarnivals
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ok whats up with bitcoin diamond? it just rocketed up 369% of Kucoin. or is it a glitch? wtf
post 1540454241 01-12-2018, 11:00 PM
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#4451
  1. pokerash
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  1. pokerash
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Did we get 1k tokens or 10k tokens in bitdegree for an ETH. It's either dropped 10% or risen like 9x since it was listed.
post 1540454291 01-12-2018, 11:00 PM
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#4452
  1. KoCorl
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Originally Posted By pokerash
Did we get 1k tokens or 10k tokens in bitdegree for an ETH. It's either dropped 10% or risen like 9x since it was listed.
10k my friend!
LA misc crew
Misc Crypto DEEP pockets crew
post 1540454301 01-12-2018, 11:01 PM
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#4453
  1. wickedman
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  1. wickedman
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Enjoy Kyber fisting every exchange into anal prolapse in the next couple months:

https://blog.kyber.network/kybernetw...l-3129928660d7
#FreeCryptoBandit
post 1540454361 01-12-2018, 11:01 PM
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#4454
  1. shoelaces
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  1. shoelaces
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Originally Posted By KoCorl
soon.jpg

but srsly, yeah if you keep up on twitter and other outlets ICO's are actually pretty hard to lose on tbh.

Honestly the best way is when you make a good trade and have like 2-5 eth profit laying around just toss that in like the top 2-5 shilled ico's over social media and keep that chit in your wallet so you forget about it/dont have it on the exchange so you don't have the temptations to sell. I'd say were talking at least 50% will profit so much even if the other 50% exit scammed you are still massively ahead. It really is this easy right now.
I said this before but the gravy train has to end sometime. It almost feels like stealing money at this point. Like everyone is making money hand over fist. Someone has to be losing and losing big time.
post 1540454411 01-12-2018, 11:03 PM
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#4455
  1. KoCorl
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Originally Posted By shoelaces
I said this before but the gravy train has to end sometime. It almost feels like stealing money at this point. Like everyone is making money hand over fist. Someone has to be losing and losing big time.
only more reason for you to be playing with higher volatility sooner than.

edit - also crypto is only zero sum when marketcap remains the same keep that in mind.
LA misc crew
Misc Crypto DEEP pockets crew
post 1540454501 01-12-2018, 11:05 PM
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#4456
  1. mCheech
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Originally Posted By shoelaces
I said this before but the gravy train has to end sometime. It almost feels like stealing money at this point. Like everyone is making money hand over fist. Someone has to be losing and losing big time.
I can't wait to have this feeling. Cmon XLM!
post 1540454531 01-12-2018, 11:05 PM
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#4457
  1. Mythenthefang
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Originally Posted By wickedman
Enjoy Kyber fisting every exchange into anal prolapse in the next couple months:

https://blog.kyber.network/kybernetw...l-3129928660d7
AWESOME

Looks like Kyber's on a nothing burger on binance KNC/ETH

good time to jump in?
Natty poverty maintenance crew

Actual economist crew

Austrian school crew
post 1540454541 01-12-2018, 11:05 PM
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#4458
  1. coolflow
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lost a grand being a ****ing tard.


im out for a while boys lol
post 1540454671 01-12-2018, 11:07 PM
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#4459
  1. fknmisc
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Originally Posted By coolflow
lost a grand being a ****ing tard.


im out for a while boys lol
what did you do ?
**I'll slap you and your wife**
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post 1540454701 01-12-2018, 11:09 PM
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#4460
  1. shoelaces
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Originally Posted By KoCorl
only more reason for you to be playing with higher volatility sooner than.

edit - also crypto is only zero sum when marketcap remains the same keep that in mind.
You are completely right about the marketcap aspect of it. I don't know why I keep forgetting to account for that. $1t in 3 months?

Man I am just so excited. I think we are lucky to be born in this era. The internet era, blockchain era, AI era (soon™) and possibly life like android era.
post 1540454801 01-12-2018, 11:10 PM
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#4461
  1. Phobaphobia
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Originally Posted By KoCorl
soon.jpg

but srsly, yeah if you keep up on twitter and other outlets ICO's are actually pretty hard to lose on tbh.

Honestly the best way is when you make a good trade and have like 2-5 eth profit laying around just toss that in like the top 2-5 shilled ico's over social media and keep that chit in your wallet so you forget about it/dont have it on the exchange so you don't have the temptations to sell. I'd say were talking at least 50% will profit so much even if the other 50% exit scammed you are still massively ahead. It really is this easy right now.
This is exactly my ICO strategy. Buy it and forget about it for at least 4-6 months. But I also try to do a lot of research on good ICOs.
post 1540454851 01-12-2018, 11:11 PM
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#4462
  1. GaryCarnivals
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PRL is back! praise Jesus
post 1540454881 01-12-2018, 11:11 PM
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#4463
  1. KoCorl
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Originally Posted By shoelaces
You are completely right about the marketcap aspect of it. I don't know why I keep forgetting to account for that. $1t in 3 months?

Man I am just so excited. I think we are lucky to be born in this era. The internet era, blockchain era, AI era (soon™) and possibly life like android era.
Yes to all things in this post.

edit - also you will get over the zero sum aspect of making money, I used to play cards for a living and it highly fuk'd with me for a while. But you have to realize that eventually a dummy will get parted with his money one way or the other, If someone else is to eventually grab it why not be you.
LA misc crew
Misc Crypto DEEP pockets crew
post 1540454961 01-12-2018, 11:12 PM
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#4464
  1. JayDigital
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Thinking about jumping into WTC at around the 23k level it's at right now. What do you think boyos?
post 1540455041 01-12-2018, 11:14 PM
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#4465
  1. KoCorl
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Originally Posted By JayDigital
Thinking about jumping into WTC at around the 23k level it's at right now. What do you think boyos?
if your going to do that buy 1/3 now and average your way down to 21
LA misc crew
Misc Crypto DEEP pockets crew
post 1540455071 01-12-2018, 11:15 PM
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#4466
  1. shoelaces
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Originally Posted By KoCorl
Yes to all things in this post.
If we were born just 100 years ago then we'd all be fukked. Working in factories 14 hours a day, digging in mines or be drafted to be cannon fodder in a bloody massacre.

That's why it pisses me off when I hear people who have it all complain about their lives. If you were born in the 1st world with no major health complications or defects, you won the lottery.
post 1540455221 01-12-2018, 11:17 PM
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#4467
  1. JayDigital
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Originally Posted By KoCorl
if your going to do that buy 1/3 now and average your way down to 21
That's exactly what I was leaning towards. Picked up $3k at 23k, orders for $3k each at 22k and 21k. Let's get it on!
post 1540455331 01-12-2018, 11:20 PM
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#4468
  1. Phobaphobia
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Originally Posted By shoelaces
If we were born just 100 years ago then we'd all be fukked. Working in factories 14 hours a day, digging in mines or be drafted to be cannon fodder in a bloody massacre.

That's why it pisses me off when I hear people who have it all complain about their lives. If you were born in the 1st world with no major health complications or defects, you won the lottery.
You sound like Gary Vee lol. It's all true though.

brb making money by laying naked in your bed all day and scratching your balls while on your smartphone
post 1540455361 01-12-2018, 11:20 PM
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#4469
  1. shoelaces
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Originally Posted By KoCorl
also you will get over the zero sum aspect of making money, I used to play cards for a living and it highly fuk'd with me for a while. But you have to realize that eventually a dummy will get parted with his money one way or the other, If someone else is to eventually grab it why not be you.
I got you on recharge bruh. I like the cut of your jib. This thread is great. I've learned so much about cryptos from you guys. Every time I venture out and try to find other crypto communities, I come right back. Those dedicated crypto forums are pure toxic trash. Holy fukk.
post 1540455661 01-12-2018, 11:24 PM
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#4470
  1. shoelaces
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Originally Posted By Phobaphobia
You sound like Gary Vee lol. It's all true though.

brb making money by laying naked in your bed all day and scratching your balls while on your smartphone
Yeah that reminds me of how much my life is tied to my phone. Brb pay my bills, check my accounts, check my blockfolio, order take out, set up dates, find directions, weather reports, news, entertainment, research, and on and on.

We literally have the world in the palm of our hands. If you tried to explain what a smartphone was to someone in the early 90s they would think you are crazy. I wonder what life will be like in the next 20 years.
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