Been big on XLM/Stellar for a while and it's finally paid off this week.
Also hopeful on SALT. I think people will really be big on these cash loans payable with BTC once they realize the tax implications of cashing out on their 100x gains.
It really seems like picking a well equipped team with strong experience and leadership and holding for a few months is the best way to hit a moonshot. Timing the major swings is way hard and that's where i see all my friends losing money. The patient ones are now the rich ones.
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oheo wrote:
Been big on XLM/Stellar for a while and it's finally paid off this week.
Also hopeful on SALT. I think people will really be big on these cash loans payable with BTC once they realize the tax implications of cashing out on their 100x gains.
It really seems like picking a well equipped team with strong experience and leadership and holding for a few months is the best way to hit a moonshot. Timing the major swings is way hard and that's where i see all my friends losing money. The patient ones are now the rich ones.
Nice. Wish I had more Stellar, still enjoying the recent upswing though.
I bought a little SALT a few weeks ago but sold it off. Honestly, there's a huge degree of overlap between cryptos having well-designed webpages and being successful. The LetsRun.coms of the crypto world don't seem to pan out in my experience. I might just buy some more SALT this week.
EDIT: I just watched the SALT pitch video https://www.saltlending.com/. Seems brilliant.
What I don't understand is, they transfer the loan money to the borrowers bank account - doesn't the borrower then become liable for taxes on that amount? I mean if $100,000 shows up in your bank account out of the blue that's kind of sketchy, won't the IRS investigate? Am I correct that, once you provide the paperwork showing that the $100K is a loan from a lender called SALT, that it'll be alright and you won't be taxed? If so that's amazing. -
itslite wrote:
Litecoin is Facebook, Bitcoin is Myspace - The year is 2005 - Invest wisely.
Wrong.
Bitcoin is AOL.
The year is 1995 -
disgraceful_admin wrote:
What I don't understand is, they transfer the loan money to the borrowers bank account - doesn't the borrower then become liable for taxes on that amount? I mean if $100,000 shows up in your bank account out of the blue that's kind of sketchy, won't the IRS investigate? Am I correct that, once you provide the paperwork showing that the $100K is a loan from a lender called SALT, that it'll be alright and you won't be taxed? If so that's amazing.
It’s just like a personal loan that your credit card company is probably pitching you all the time. There aren’t cap gains taxes on loans.
But, will you have to pay capital gains on the growth of your btc even after it’s been spent to pay back the principal of the salt loan. I guess I don’t know... I’m not savvy on much of this. which is why I’m cautiously optimistic about salt and currently just hoping to get my money back from my poorly timed buy at $16 -
Feinstein and McConnell introduced a senate bill in May 2017 to regulate Bitcoin like it is a bank and also will double the fines and jail time for people who violate those rules. The bill has been sitting gathering dust but don't be surprised if they dust it off and try to move it through congress or use it as a template for a newer bill.
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Already put in place and waiting to go wrote:
Feinstein and McConnell introduced a senate bill in May 2017 to regulate Bitcoin like it is a bank and also will double the fines and jail time for people who violate those rules. The bill has been sitting gathering dust but don't be surprised if they dust it off and try to move it through congress or use it as a template for a newer bill.
When you say BitCoin, do you mean just BitCoin, or also other cryptocurrencies? -
Nobody should trade in crypto without:
1) Using false name(s)
2) Encrypted email account for the purpose
3) Using VPN -
Reddcoin has a reasonable business plan and solid team. Social media based. Still cheap at 0.01 usd. Easy to get high volume of coins at this price. This one is a Hodl moonshot for me with over 2million coins. Available on Bittrex. Read up on 2018 plans.
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Reddhead wrote:
Reddcoin has a reasonable business plan and solid team. Social media based. Still cheap at 0.01 usd. Easy to get high volume of coins at this price. This one is a Hodl moonshot for me with over 2million coins. Available on Bittrex. Read up on 2018 plans.
So you made $10K in the past 24 hrs? Not bad! -
disgraceful_admin wrote:
Not sure why a serious thread on this hasn't caught on. Probably because everyone already runs sub-14 + $350K + hot wife. For the rest of us, I'm thinking:
1.) NEO
"The Chinese Ethereum"
High market cap, pretty stable, based on ETH. The founder has ties to the Chinese president, apparently.
$87 right now, I think $200 to $2000 is realistic over the next year.
2.) ZClassic
Lots of reasons to buy very soon - Google "Zclassic fork". You'll actually get free BitCoin Private in a month or so when it forks, which could make holders a lot of money fast.
$100 right now. Can see $1000 over the next few months. Free BTC Private is a huge bonus, that'll probably spike to $1000 or so too.
3.) DigiByte
This is probably the highest market cap crypto right now that's only $0.06. Biggest upside, slightly more risky, but the technology is proven, been around, and fastest UXTO crpyto in the world. Team has big social media presence and good reputation.
I actually think this could go up 100x in the next year as funds flow from BTC/ETH to smaller cryptos.
4.) Lumen / Verge
Lumping these together but its worth looking into the details. They're low price, more risky, but huge upside. Verge is breaking headlines lately for good and bad.
5.) Ripple
This is actually the 2nd largest cryptocurrency right now. Only $2. I would expect the world's 2nd largest crypto to be worth more, naively. Top candidate for CoinBase to add in the upcoming months, which will cause a spike and profit for holders. This should probably be #1 on my list for that reason alone.
Wild Card: BlackCoin. Also under $1.00 right now, I don't see it as a major player but it's doing well and seems legit.
The best advice I can give is to diversify your cryptocurrency investments. Would be keen to hear your thoughts.
Diversify investments! Nonsense. Do realize how insane and delusional your post is? -
disgraceful_admin wrote:
5.) Ripple
This is actually the 2nd largest cryptocurrency right now. Only $2. I would expect the world's 2nd largest crypto to be worth more, naively.
There are more than 1000x as many ripple ecoins out there than there are bitcoins. If you prefer, the price of a RippleK (1000 Ripple) is $2,000. How's that? The market cap is about half that of bitcoin, so the difference in price just reflects different denomination sizes (more or less). -
Already put in place and waiting to go wrote:
Feinstein and McConnell introduced a senate bill in May 2017 to regulate Bitcoin like it is a bank and also will double the fines and jail time for people who violate those rules. The bill has been sitting gathering dust but don't be surprised if they dust it off and try to move it through congress or use it as a template for a newer bill.
Space Powers such as North Korea, Russia, India, Iran, and Pakistan are readying the build out of global nano-satelllites a.k.a. Cube Sat in low-earth-orbit which will facilitate deep internet, deep server, deep cloud, deep web and deep blockchain open source technologies. These services will not be under US and international jurisdiction. You will be able to do what you want, no matter how perverse or illegal. Fun Fun Fun. -
I thought most Americans were delusional, now I am sure many are insane. Maybe not in a clinical sense, just what we once called “touched.”
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Joe Kennedy once said when the shoe shine boy and taxi driver starts giving financial advice, it s time to get out of the market.
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India is leading the femto cube revolution
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The fact that most of you fools still think this stuff is a joke.. music to my ears.. and dollars in my pocket
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Reddhead wrote:
Reddcoin has a reasonable business plan and solid team. Social media based. Still cheap at 0.01 usd. Easy to get high volume of coins at this price. This one is a Hodl moonshot for me with over 2million coins. Available on Bittrex. Read up on 2018 plans.
Interesting. I’ll check it out.
Looking for another quality coIn to sit on for a few months. -
disgraceful_admin wrote:
Not sure why a serious thread on this hasn't caught on. Probably because everyone already runs sub-14 + $350K + hot wife. For the rest of us, I'm thinking:
.
YES!!!!! AND THOSE OF US WHO HAVE ALL THAT GOT THERE BY STAYING AWAY FROM THINGS LIKE CRYPTO BS!!!!! -
Spank chain had nice increase today. Any idea when it’s available on Bittrex? This industry coupled with blockchain looks like a good buy even at current price
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disgraceful_admin wrote:
Bitcoin insanity wrote:
disgraceful_admin wrote:
Not sure why a serious thread on this hasn't caught on. Probably because everyone already runs sub-14 + $350K + hot wife. For the rest of us, I'm thinking:
.
YES!!!!! AND THOSE OF US WHO HAVE ALL THAT GOT THERE BY STAYING AWAY FROM THINGS LIKE CRYPTO BS!!!!!
Cheers, mate!
I'm starting to look into really young cryptos, that haven't even cracked a cent yet or been listed on the major exchanges. Stuff like NYCoin https://coinmarketcap.com/currencies/newyorkcoin/ which I think has a good following, mission, and team, and has a promising upward trend in daily volume.
Honestly, LRC should start a coin. Called LRC. You "mine" it by posting on here. You lose it by your posts getting deleted by the mods. Something like that.
Please explain to me how NYC coin is not a scam?
