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Old 12-05-2017, 08:22 PM   #1276
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Anyone invested into IOTA?

Was around 40c during the fork mess a month ago, but is hovering around 4.70 right now making it almost 12x since.

I knew it was a good project, but was hesitant to invest with such a high supply. Lesson learned!
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Old 12-05-2017, 09:16 PM   #1277
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Don't leave your shit on ANY exchanges, and this includes Coinbase. Put your coin on a paper/hardware wallet or get your fiat to a bank. Never ever leave a limit open order. You're welcome.
If the exchanges get hacked, even if you have google's two factor authentication, will the hackers still be able to get your coins?

Would they still have to input the google authenticate number to withdraw it? or would a hack go above the google authenticate?
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Old 12-05-2017, 09:24 PM   #1278
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Quote:
Originally Posted by PeanutButter View Post
If the exchanges get hacked, even if you have google's two factor authentication, will the hackers still be able to get your coins?

Would they still have to input the google authenticate number to withdraw it? or would a hack go above the google authenticate?
When your coins are on exchanges, they own the private keys.

Any time the coins are in a wallet that you don't have the key to, you don't own them.
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Old 12-05-2017, 09:55 PM   #1279
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Quote:
Originally Posted by PeanutButter View Post
If the exchanges get hacked, even if you have google's two factor authentication, will the hackers still be able to get your coins?

Would they still have to input the google authenticate number to withdraw it? or would a hack go above the google authenticate?
The wallet that store your coins basically is comprised of 2 line of text (public and private keys).

If the hackers successfully hacked the exchange, they will have access these info from the exchange's customers, so they don't need to bypass each customers' 2FA or 3FA. Whoever controls BOTH the wallet's public and private keys control the wallet's stored value.
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Old 12-05-2017, 10:41 PM   #1280
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With a gaming computer, is it worthwhile to use it for mining while you're sleeping/at work?

In my case, an i7 6700K, GTX 1070, 32 GB DDR4
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Old 12-05-2017, 10:43 PM   #1281
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Anyone has a better understanding on taxation for BTC? My accountant says to take it as assets although CRA isn't paying too much attention to it.

I think I'm just going to *give* these BTC to my parents so they can cash out...

It's hard to track, I know, but I don't think CRA would be very happy to hear a 110k deposit simply as "sold bitcoins" without taxing the shit out of it.
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Old 12-05-2017, 10:46 PM   #1282
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Anyone has a better understanding on taxation for BTC? My accountant says to take it as assets although CRA isn't paying too much attention to it.

I think I'm just going to *give* these BTC to my parents so they can cash out...

It's hard to track, I know, but I don't think CRA would be very happy to hear a 110k deposit simply as "sold bitcoins"
You have a horrible accountant.

How would you explain a deposit of $100k into your account if you get audited?
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Old 12-06-2017, 12:27 AM   #1283
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Quote:
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With a gaming computer, is it worthwhile to use it for mining while you're sleeping/at work?

In my case, an i7 6700K, GTX 1070, 32 GB DDR4
Running it 24/7 with your card overclocked you would make around $51 a month after power and pool costs. I set up my nephews computer to mine win he is not using it and he has made close to $200.

I say do it.
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Old 12-06-2017, 10:49 AM   #1284
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Taxed as cap gain “if” you report it ��
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Old 12-06-2017, 11:01 AM   #1285
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You have a horrible accountant.

How would you explain a deposit of $100k into your account if you get audited?
He basically said to declare it as an asset and any gain as capital gain IF I declare it.

Hence, a quick tax calculation would be [110*1.27(USD-->CAD)]*0.5*0.39=27.24k in taxes.

But in the spirit of tax minimization, any better strategy?
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Old 12-06-2017, 11:36 AM   #1286
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What are you guys using for exchanges? Initially bought on Coinbase and transferred to Quadriga but looking into other cryptos too
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the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though.
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Old 12-06-2017, 11:44 AM   #1287
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What are you guys using for exchanges? Initially bought on Coinbase and transferred to Quadriga but looking into other cryptos too
Bittrex for alt-coins. Transfer BTC/ETH back to Quadriga to sell for fiat.

Just keep in mind most crypto exchanges are sketch and probably run from some guy's basement.
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Old 12-06-2017, 06:43 PM   #1288
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Went to a local exchange today, I have succesfull withdrawn bitcoin to my wallet from them and purchased more. Some are pending withdraw and some are pending to my wallet.

If i didn't have a place I can call or go to I would be freaking out right now
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Old 12-06-2017, 06:45 PM   #1289
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Just found $50 worth of BTC in an old mining pool account
Found $1k but wish I mined more 6 years ago lol.
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Old 12-06-2017, 07:28 PM   #1290
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Went to a local exchange today, I have succesfull withdrawn bitcoin to my wallet from them and purchased more. Some are pending withdraw and some are pending to my wallet.

If i didn't have a place I can call or go to I would be freaking out right now
Why would you freak out? Every transaction is listed on the block chain. The network may be slow and it may take time for the network to confirm the transaction but it will eventually go thru.
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Old 12-06-2017, 07:36 PM   #1291
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Looks like nicehash was hacked and 63 million in bitcoin was taken. Nicehash is a mining pool and it looks like no one can mine using nicehash. Lots of mining rigs are down right now.
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Old 12-06-2017, 09:00 PM   #1292
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He basically said to declare it as an asset and any gain as capital gain IF I declare it.

Hence, a quick tax calculation would be [110*1.27(USD-->CAD)]*0.5*0.39=27.24k in taxes.

But in the spirit of tax minimization, any better strategy?
Just slowly deposit it into your account if you don't want to declare it.
Deposit it into your parents account, wifes, etc.

Or just hold BTC as it's going to 100k, no problem.
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Old 12-06-2017, 11:12 PM   #1293
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Interestingly enough, Craiglist has a "cryptocurrency ok" filter option now. BTC is 14.5K rn, wasn't it 10K a day ago? Wtf.

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Old 12-06-2017, 11:32 PM   #1294
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People having lots of issues with Bitfinex so might want to stay away from that exchange
https://www.reddit.com/r/bitfinex/
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the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though.
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Old 12-07-2017, 12:06 AM   #1295
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People complaining about withdrawal and deposit issues. Probably a minority. People still complain about Poloniex and I never had any issues at all.

Funny to see the margin traders complaining though.
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Old 12-07-2017, 05:37 AM   #1296
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12 grand it hit today?......and people were questioning of buying into it at 10k...meh..heh...not sure if profitable even if you did.
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Old 12-07-2017, 06:30 AM   #1297
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12 grand try 16
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Old 12-07-2017, 07:30 AM   #1298
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When normies at work talking about buying fractions of coins dat bubble ready to burst?
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Old 12-07-2017, 08:28 AM   #1299
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Not even close IMO. This is the first year it's been back, normal correction after exponential runup is what it is.
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Old 12-07-2017, 10:03 AM   #1300
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what are you guys margin trading? IOTA got rekt after being $5.0

lost a few $
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Can someone tell good or unusual dating spots? Or what was your the most unusual date? THanks for sharing!
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my bedroom =D
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that's a great secret date spot,
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