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12-05-2017, 08:22 PM
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#1276 | Say! Say! Say!
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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!
__________________ Quote: Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | |
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12-05-2017, 09:16 PM
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#1277 | I contribute to threads in the offtopic forum
Join Date: Jun 2013 Location: Burnaby
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Originally Posted by Nlkko 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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12-05-2017, 09:24 PM
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#1278 | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
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Originally Posted by PeanutButter 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.
__________________ Quote: Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | |
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12-05-2017, 09:55 PM
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#1279 | I help report spam so I got this! <--
Join Date: Dec 2010 Location: Vancouver
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Originally Posted by PeanutButter 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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12-05-2017, 10:41 PM
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#1280 | Willing to sell body for a few minutes on RS
Join Date: Aug 2004 Location: Duncan, BC
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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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12-05-2017, 10:43 PM
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#1281 | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
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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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Nothing for now
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12-05-2017, 10:46 PM
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#1282 | I contribute to threads in the offtopic forum
Join Date: Jun 2013 Location: Burnaby
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Originally Posted by Hehe 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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12-06-2017, 12:27 AM
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#1283 | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
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Originally Posted by Jmac 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.
__________________ Until the lions have their own historians, the history of the hunt will always glorify the hunter. |
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12-06-2017, 10:49 AM
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#1284 | I help report spam so I got this! <--
Join Date: Dec 2010 Location: Vancouver
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Taxed as cap gain “if” you report it
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12-06-2017, 11:01 AM
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#1285 | RS has made me the bitter person i am today!
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Originally Posted by PeanutButter 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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12-06-2017, 11:36 AM
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#1286 | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
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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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Originally Posted by toyota86 the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | |
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12-06-2017, 11:44 AM
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#1287 | I help report spam so I got this! <--
Join Date: Dec 2010 Location: Vancouver
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Originally Posted by The_AK 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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12-06-2017, 06:43 PM
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#1288 | Everyone wants a piece of R S...
Join Date: Jul 2013 Location: burnaby
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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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12-06-2017, 06:45 PM
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#1289 | OMGWTFBBQ is a common word I say everyday
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Originally Posted by SkinnyPupp 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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12-06-2017, 07:28 PM
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#1290 | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
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Originally Posted by RickyTan3 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.
__________________ Until the lions have their own historians, the history of the hunt will always glorify the hunter. |
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12-06-2017, 07:36 PM
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#1291 | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
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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.
__________________ Until the lions have their own historians, the history of the hunt will always glorify the hunter.
Last edited by Manic!; 12-06-2017 at 11:26 PM.
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12-06-2017, 09:00 PM
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#1292 | I contribute to threads in the offtopic forum
Join Date: Jun 2013 Location: Burnaby
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Originally Posted by Hehe 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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12-06-2017, 11:12 PM
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#1293 | RS has made me the bitter person i am today!
Join Date: Apr 2013 Location: revscene
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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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Last edited by BIC_BAWS; 12-06-2017 at 11:24 PM.
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12-06-2017, 11:32 PM
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#1294 | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
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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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I'm so stance my roof rack got a roof rack
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e92 335i 6MT RB Twos Turbos FBO
e90 330i 6MT Former
e46 330ci 5MT - RIP
uc1 5AT
em2 5MT
db7 5AT - RIP Quote:
Originally Posted by toyota86 the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | |
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12-07-2017, 12:06 AM
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#1295 | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
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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.
__________________ Quote: Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | |
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12-07-2017, 05:37 AM
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#1296 | Rs has made me the woman i am today!
Join Date: Jan 2011 Location: Vancouver DT
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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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Fly Your Own Flag.
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12-07-2017, 06:30 AM
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#1297 | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
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12 grand try 16 |
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12-07-2017, 07:30 AM
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#1298 | I have named my kids VIC and VLS
Join Date: Oct 2001
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When normies at work talking about buying fractions of coins dat bubble ready to burst?
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Dank memes cant melt steel beams
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12-07-2017, 08:28 AM
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#1299 | Proud to be called a RS Regular!
Join Date: Nov 2013 Location: YVR
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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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12-07-2017, 10:03 AM
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#1300 | I *heart* Revscene.net very Muchie
Join Date: Feb 2012 Location: Rich City / Van
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what are you guys margin trading? IOTA got rekt after being $5.0
lost a few $
__________________ Quote:
Hey guys,
Can someone tell good or unusual dating spots? Or what was your the most unusual date? THanks for sharing!
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Originally Posted by Mr.HappySilp my bedroom =D | Quote:
Originally Posted by dhillon09 that's a great secret date spot,
i bet no girl in vancouver has seen it. | |
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