Let's talk about money - The Finance Thread

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  • FreezingCicadaFreezingCicada Joined: Posts: 588
    edited May 8
    J-ride wrote: »
    I might grab some ETH and hold it for a while and see what happens, thanks for the tip. Are there penalties for transferring it back to cash?

    Only "penalties" would be taxes. So w/e your capital gains tax is what it will be taxed at. But in terms of gaining liquidity (More Crypto) you dont have to claim it on taxes.
    After that, depends on the site. I believe selling the coins to Coinbase they take a 7% fee.
    Other alternative is just transferring funds to your own personal crypto wallet and sell it to local buyers. (Maybe have your own "service" fee attached too.)
  • twigstertwigster Joined: Posts: 583
    I'd agree with buying Ethereum and a few other crytocurrencies (steemit, auscoin) as speculation.

    However, I have never trusted and may never trust bitcoin. I think most of bitcoin is hoarded, not used for commerce, and I think it rises at the nadir of China's economy. In fact, I'm pretty sure it is going parabolic because China is falling apart (behind closed doors) and people are getting their money out through any method possible.

    Plus, with the invention of goldmoney (my preferred alternative "currency"), the entire idea behind bitcoin is increasingly ridiculous. The 2 main draws are 1) decentralized currency, and 2) blockchain technology.

    With bitcoin increasingly being dominated by just a few people (the original miners, the creator, some wealthy people) and with tons of coins being lost between 2009 and 2015, the first benefit is dwindling. It's also increasingly hard to mine, which means big miners have an overwhelming advantage in creating them.

    As to the blockchain, other cryptocurrencies have already added it (ethereum), and there's no reason that goldmoney and even national currencies couldn't add it later. I'm a bubble-watcher, but I'm an equal opportunity bubble watcher, and bitcoin seems like one. Just my 2 cents.
  • DarkGeneralDarkGeneral Joined: Posts: 4,367
    My buddy was going to invest in Bitcoin at the end of 2016 because he thought the price would raise due to China and other countries shifting stance on it. However, my uneducated opinion on cryptocurrency is that the money will ultimately be in the technology and not the currency.
  • Jion_WansuJion_Wansu Joined: Posts: 5,650
    twigster wrote: »
    I'd agree with buying Ethereum and a few other crytocurrencies (steemit, auscoin) as speculation.

    However, I have never trusted and may never trust bitcoin. I think most of bitcoin is hoarded, not used for commerce, and I think it rises at the nadir of China's economy. In fact, I'm pretty sure it is going parabolic because China is falling apart (behind closed doors) and people are getting their money out through any method possible.

    Plus, with the invention of goldmoney (my preferred alternative "currency"), the entire idea behind bitcoin is increasingly ridiculous. The 2 main draws are 1) decentralized currency, and 2) blockchain technology.

    With bitcoin increasingly being dominated by just a few people (the original miners, the creator, some wealthy people) and with tons of coins being lost between 2009 and 2015, the first benefit is dwindling. It's also increasingly hard to mine, which means big miners have an overwhelming advantage in creating them.

    As to the blockchain, other cryptocurrencies have already added it (ethereum), and there's no reason that goldmoney and even national currencies couldn't add it later. I'm a bubble-watcher, but I'm an equal opportunity bubble watcher, and bitcoin seems like one. Just my 2 cents.

    Bitcoin is like gold and Magic cards
  • GwynLovesMilkGwynLovesMilk Joined: Posts: 6,091
    Grabbed some LTC and XRP this morning, been meaning to jump into crypto too long and hoping it's not too late!
    If you want to write a book you have to live a life that's worth sealing in ink.
  • StarhammerStarhammer The Laughing Man of SRK. Joined: Posts: 19,868 ✭✭✭✭✭ OG
    It's now 12:03:AM on Thursday. As per the deal, I can now release this to all of you.

    https://wefunder.com/minds

    Minds is about to go public. Take a look and see what you think. :tup:

    -Starhammer-
    Always think it's strange when black dudes accuse other black dudes of not being hood enough. Like isn't that a good thing?

    AV by Rick Ross.
  • Jion_WansuJion_Wansu Joined: Posts: 5,650
    What's Minds...
  • twigstertwigster Joined: Posts: 583
    edited May 11
    Starhammer wrote: »
    It's now 12:03:AM on Thursday. As per the deal, I can now release this to all of you.

    https://wefunder.com/minds

    Minds is about to go public. Take a look and see what you think. :tup:

    -Starhammer-

    Sounds intriguing.... youtube/facebook are doing everything they can to screw themselves as a company.

    Figure it's worth $1k. Better than most videogame kickstarters :angry:
  • StarhammerStarhammer The Laughing Man of SRK. Joined: Posts: 19,868 ✭✭✭✭✭ OG
    Jion_Wansu wrote: »
    What's Minds...

    lol. This is one of those situations where I should be spamming the gif, but I'm not sure for whom the gif spams. you for not knowing after all my plugging, or me for coming face to face that all my plugging has been for naught. either way, here's their site.

    https://www.minds.com/

    it's one of those new sites that are popping up in the wake of YouTube's adpocalypse. I like them and they have a few new things that are making them technically different from the others, but the reason I'm posting here is because................well, we talk about money and here's a chance to jump in at the proverbial bottom floor of this company's development. If we make moolah (sorry. I'm old af. :sweat: ) then all the better. Check it out and see if you're down.

    -Starhammer-
    Always think it's strange when black dudes accuse other black dudes of not being hood enough. Like isn't that a good thing?

    AV by Rick Ross.
  • NinetiesArcadeNinetiesArcade Joined: Posts: 1,345
    Good luck!

    giphy.gif

    I just booked my week long vacation so currently out of expendable $$ to dump into anything else.

    =============================================================
    "I put Soleil Moon Frye's breast reduction up with the Holocaust and Khmer Rouge purge as one of THE most senseless tragedies of the 20th Century." Return of Shiki.
    'Racism, that's the name of the game
    And you couldn't escape that if you was David Blaine
    Know what I'm sayin?' -Junk Science, House Wigger

  • Jion_WansuJion_Wansu Joined: Posts: 5,650
    Thread requires a Cryme Tyme video... Money, money, yeah, yeah...
  • NinetiesArcadeNinetiesArcade Joined: Posts: 1,345
    https://finance.yahoo.com/news/invested-amazon-ipo-millionaire-today-222717783.html

    If you invested $5,000 during Amazon's IPO debut 20 years ago it'd be worth 2.4m+ today.
    =============================================================
    "I put Soleil Moon Frye's breast reduction up with the Holocaust and Khmer Rouge purge as one of THE most senseless tragedies of the 20th Century." Return of Shiki.
    'Racism, that's the name of the game
    And you couldn't escape that if you was David Blaine
    Know what I'm sayin?' -Junk Science, House Wigger

  • FreezingCicadaFreezingCicada Joined: Posts: 588
    edited May 16
    Grabbed some LTC and XRP this morning, been meaning to jump into crypto too long and hoping it's not too late!

    I'm speculating that LTC should get to 50 USD. XRP is a deflationary currency, meaning it cant be mined anymore and Japan uses it as an alternative to their currency.
    https://www.bloomberg.com/news/articles/2017-05-15/hardly-anyone-paying-the-hackers-because-using-bitcoin-is-hard

    https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/

    First article is just showing that crypto is still a small market.
    Second is more speculation that we could see Ripple being a 1-3 dollar (.32 cents atm!) coin in a year or 2. All in all, any of the big alt coins are safe plays in the long term.
  • Jion_WansuJion_Wansu Joined: Posts: 5,650
    edited May 18
    The bubble's about to pop:

    https://www.nytimes.com/2017/05/17/business/dealbook/household-debt-united-states.html?_r=0

    VIX, VXN, VXD, and VXV all gained like 30% or more in gains. VIX went up by 46%. If you know how to bet against the markets, then you could be really rich. Too bad I don't know what's going on...
  • J-rideJ-ride OG Member Joined: Posts: 2,136 ✭✭✭✭✭ OG
    Volatility and currency markets are for geniuses with huge balls. I'm way too scared to even play in that casino.
    Woman was created for our destruction, and it is from her we inherit all of our miseries.

    Aramis from The Three Musketeers
  • twigstertwigster Joined: Posts: 583
    I've always thought it's a lot easier (and a lot less mental straining) to just buy assets that work well under different situations, rather than buying shorts.

    People who buy shorts go nuts because they're actually rooting for something bad to happen. When you buy gold, silver, crypto (or any of the ETFs associated for the first 2) you don't have to root against anything.
  • FreezingCicadaFreezingCicada Joined: Posts: 588
    twigster wrote: »
    I've always thought it's a lot easier (and a lot less mental straining) to just buy assets that work well under different situations, rather than buying shorts.

    People who buy shorts go nuts because they're actually rooting for something bad to happen. When you buy gold, silver, crypto (or any of the ETFs associated for the first 2) you don't have to root against anything.

    Only thing I play against in terms of shorts would be natural gas. But mostly cause its easy to predict weather, market and high volatility makes so even if you fuck up at worst. Your holding for a week or two.
  • BullDancerBullDancer Mentos, The Freshmaker Joined: Posts: 9,381
    twigster wrote: »
    Bitcoin going vertical lately.

    I don't understand it.

    Kind of like this .gif
    nhr7bou.gif

    A lot of press has been hyping up cryptocurrency just like a little bit after it was posted in this thread. *KanyeShrug
    "Rock abandoned Neesa there like you were gonna abandon your son and wife and live alone with your TV"~Akuma-HAX
  • StarhammerStarhammer The Laughing Man of SRK. Joined: Posts: 19,868 ✭✭✭✭✭ OG
    speaking of cryptocurrency, do you all think it'll be a good thing to have whenever the crash hits? I don't think there was ever a need to bring up this question before now, but with the rise of its popularity, would it be good to buy when the next recession hits?

    -Starhamemr-
    Always think it's strange when black dudes accuse other black dudes of not being hood enough. Like isn't that a good thing?

    AV by Rick Ross.
  • FreezingCicadaFreezingCicada Joined: Posts: 588
    twigster wrote: »
    Bitcoin going vertical lately.

    I don't understand it.

    Kind of like this .gif
    nhr7bou.gif
    Man.I wish I bought more. It was 1000-1200 when I was shilling it. 2200. Fuck. I'm not holding bitcoin, video related. (Bought other alt coins with the bitcoin.)


    http://www.coindesk.com/jpmorgan-partners-zcash-team-add-enterprise-security/
    Other moon launcher is ZEC. Hit highs of 315 today. Right now its at 212. Yesterday it was at 100 bux. (Good coin to hold for the long term.)

    As for the crash. I heard speculation from other investors that they think crypto is going to increase during a crash as younger people would buy into it. Older folks will still gravitate to gold/silver.
    But ETH and ZEC are solid options.
  • GwynLovesMilkGwynLovesMilk Joined: Posts: 6,091
    Ethereum and Classic have gone absolutely fucking bonkers this week. Everything other than those and Bitcoin is deep in the red for the most part. Don't panic sell! My poor xrp is getting fucked. Good thing I'm mining three different things all the time to balance out some of that volatility. I'm mining burst to hold, equihash and cryptoknight for passive Bitcoin to spend on Poloniex.

    I've not put much in at all and I've already doubled my portfolio and taken 25 percent profit after diversifying. I'm currently in XRP, and now Siacoin and DigiByte. I believe pretty heavily in those two companies and where they're headed, short or long.

    If it crashes? I'm buying it all up. It happened to Bitcoin a few times and I regret it every day as it climbs towards 3k.
    If you want to write a book you have to live a life that's worth sealing in ink.
  • Jion_WansuJion_Wansu Joined: Posts: 5,650
    What about TrollCoin
  • Jion_WansuJion_Wansu Joined: Posts: 5,650
    Should this be reprinted:

    c929cb0917d86ca8e0500e939905da65.jpg
  • NinetiesArcadeNinetiesArcade Joined: Posts: 1,345
    Nope; horrible idea. Part of the reason why India got rid of their paper currency is because too many people are literally storing them in their house etc since they have large single bills. Single large currency also makes it easy for drug lords / mafia etc to hide/laundry money.I'd be against it.
    =============================================================
    "I put Soleil Moon Frye's breast reduction up with the Holocaust and Khmer Rouge purge as one of THE most senseless tragedies of the 20th Century." Return of Shiki.
    'Racism, that's the name of the game
    And you couldn't escape that if you was David Blaine
    Know what I'm sayin?' -Junk Science, House Wigger

  • GwynLovesMilkGwynLovesMilk Joined: Posts: 6,091
    edited June 2
    lol yeah print more USD while the value is going to shit and digital is starting to take over. Our economy is about to get FUCKED the next five years imo, and I wanna come out on top.

    I sold all my XRP, for a total of about 35 percent profit the past month, I made a few bad trades that would have put me at 55 percent or so, but green is green, I'm still killing it compared to my initial investment, still taking profits and playing the game smart. Currently the majority of my crypto is in Ethereum Classic and SiaCoin.

    If you grabbed ETH a month ago, CONGRATS! You deep in the money, enjoy rolling around in that!
    If you want to write a book you have to live a life that's worth sealing in ink.
  • FreezingCicadaFreezingCicada Joined: Posts: 588
    I know some people that bought into ETH at 20 and 40. Good shit on them.
    I caught it late at 85 and 120 but with these prices. I'm in for the long term. Also have a nice amount of DASH coin as well.
    Also, if your holding 32 ETH after a certain phase the blockchain is going to pay out dividend like payments to those holding. Encouraging price growth in the coin and stability.

    http://www.zerohedge.com/news/2017-06-02/projecting-price-bitcoin
    Indepth on the Bitcoin "bubble" and emphasis that crypto is still a small market. (I still dont trust Bitcoin for the long term.)
  • platynumxplatynumx Because I have willed it. Joined: Posts: 124
    Total noob here.
    What's the best way to get into crypto currencies?
  • Jion_WansuJion_Wansu Joined: Posts: 5,650
    edited June 4
    Crypto will crash like the 2008 recession before it slowly goes back up steadily and stay a up for a while...
  • FrostyAUFrostyAU Lynx in your sinks Joined: Posts: 7,787
    You guys probably don't have to deal with Superannuation but it's bullshit. Your funds are supposed to make money but instead all your interest goes towards paying mandatory insurance unless you contribute or there is a lot in there. Unfortunately you can't opt out of it either, your employer just has to pay it.
  • Captain PlanetCaptain Planet Joined: Posts: 273
    Just curious, for anyone doing crypto mining , are you running dedicated rigs for it? Or do you just do it on the side when you're not using your PC for games and such. Been trying to delve a bit deeper into the costs/methods/benefits of running a dedicated multi-gpu unit. Quite a bit of stuff to wade through, especially for someone completely unfamiliar with it (not to mention the whole using Linux for certain cards to run better hash rates).
  • StarhammerStarhammer The Laughing Man of SRK. Joined: Posts: 19,868 ✭✭✭✭✭ OG
    For anyone who might wish to invest in Minds.com, the door closes on Thursday. You've got two days to get your money in, so don't delay!

    https://wefunder.com/minds

    -Starhammer-
    Always think it's strange when black dudes accuse other black dudes of not being hood enough. Like isn't that a good thing?

    AV by Rick Ross.
  • GwynLovesMilkGwynLovesMilk Joined: Posts: 6,091
    As far as money and social media goes, Steemit.com has been killing it lately, and giving me lots to play with and add to my portfolio the past three weeks.
    If you want to write a book you have to live a life that's worth sealing in ink.
  • StarhammerStarhammer The Laughing Man of SRK. Joined: Posts: 19,868 ✭✭✭✭✭ OG
    As far as money and social media goes, Steemit.com has been killing it lately, and giving me lots to play with and add to my portfolio the past three weeks.

    I just checked that site and this is the first thread I run into.

    https://steemit.com/steemit/@noisy/we-just-hacked-11-accounts-on-steemit-1158-sbd-and-8250-steem-is-under-our-control-but-we-are-good-guys-so

    Not a good look, but I will withhold judgement. For now.

    -Starhammer-
    Always think it's strange when black dudes accuse other black dudes of not being hood enough. Like isn't that a good thing?

    AV by Rick Ross.
  • Ken34Ken34 a.k.a Mashima Taichi Joined: Posts: 6,970 ✭✭✭✭✭ OG
    AMD shares are surging with bitcoin because digital currency 'miners' need its graphics cards

    lol was wondering why AMD's stock has been on a tear lately, this is hilarious.
    "True Strength is something Money and Credit cards cannot buy"
  • NinetiesArcadeNinetiesArcade Joined: Posts: 1,345
    ..and I thought it was because Tekken 7 was released in PC. That would make a good Freakonomics podcast topic.
    Here's a quick yt video explaining India's demonetisation.


    =============================================================
    "I put Soleil Moon Frye's breast reduction up with the Holocaust and Khmer Rouge purge as one of THE most senseless tragedies of the 20th Century." Return of Shiki.
    'Racism, that's the name of the game
    And you couldn't escape that if you was David Blaine
    Know what I'm sayin?' -Junk Science, House Wigger

  • FreezingCicadaFreezingCicada Joined: Posts: 588
    edited June 8
    Ken34 wrote: »
    AMD shares are surging with bitcoin because digital currency 'miners' need its graphics cards

    lol was wondering why AMD's stock has been on a tear lately, this is hilarious.

    https://seekingalpha.com/article/4079168-amd-480minus-580-graphics-cards-sold-nationwide

    As funny as it is. Its YUGE money when you build your own miners even factoring electricity. Using ETH or ZEC as a base and say your mining hash is good enough to mine .5 a day.
    Thats still a respectable 125 and 130 USD for a full 24 hours.
    https://www.cryptocompare.com/mining/sapphire/radeon-rx-480-ethereum-mining/

    http://cryptomining-blog.com/8033-testing-the-amd-radeon-rx-480-for-ethereum-mining/

    Though even 3 of these cards your running at .053 ETH a day. 13 bux a day. (Using 250 USD.)
    Nothing to laugh about seeing as ETH could easily hit 500 USD by the end of the year or even surpass Bitcoin as the new gold standard and hit 1000 USD+.
  • twigstertwigster Joined: Posts: 583
    edited June 8
    Here's a quick yt video explaining India's demonetisation.

    Not going after you for posting this, but this "policy" has been a total-fucking-fiasco, and even this youtube video doesn't show the whole scale of the problem.

    http://www.zerohedge.com/news/2017-01-01/india-lot-pain-no-gain

    There's 9 or 10 articles in this series, but 1 is enough.
  • NinetiesArcadeNinetiesArcade Joined: Posts: 1,345
    Figured i'd post this article here also:
    http://thehill.com/policy/finance/337004-house-passes-sweeping-bill-to-strip-post-recession-banking-rules.

    Do we really want another potential market crash in the near future? I thought we learned from this! If this passes in the Senate, it'd be another ticking time bomb.

    On more local news, finally bite the bullet and sold the 2 stocks I've been holding forever that lost 90% of its value :crybaby: . On a positive note, ATVI is moving along nicely :tup: . If it hits 62.00+ mark, should recoup some of my losses.
    =============================================================
    "I put Soleil Moon Frye's breast reduction up with the Holocaust and Khmer Rouge purge as one of THE most senseless tragedies of the 20th Century." Return of Shiki.
    'Racism, that's the name of the game
    And you couldn't escape that if you was David Blaine
    Know what I'm sayin?' -Junk Science, House Wigger

  • Ken34Ken34 a.k.a Mashima Taichi Joined: Posts: 6,970 ✭✭✭✭✭ OG
    huge rotation in the markets on friday into financials, all of the high flyers for the year got wrecked, which was mainly tech stocks. i got lucky as hell and sold amd in the morning before the big sell off in tech, but im still holding micron(MU) , but ive had that for a minute so im still up in it. dont know if this was just a one day thing or if the rotation will continue, but i bought some NVDA on the pull back. will sell it if this sell off continues in tech though.
    "True Strength is something Money and Credit cards cannot buy"
  • GwynLovesMilkGwynLovesMilk Joined: Posts: 6,091
    Starhammer wrote: »
    As far as money and social media goes, Steemit.com has been killing it lately, and giving me lots to play with and add to my portfolio the past three weeks.

    I just checked that site and this is the first thread I run into.

    https://steemit.com/steemit/@noisy/we-just-hacked-11-accounts-on-steemit-1158-sbd-and-8250-steem-is-under-our-control-but-we-are-good-guys-so

    Not a good look, but I will withhold judgement. For now.

    -Starhammer-

    What isn't a good look? Did you even read the thread? What isn't a good look is posting your passwords in public places on the website on which the password is used. User error.
    If you want to write a book you have to live a life that's worth sealing in ink.
  • StarhammerStarhammer The Laughing Man of SRK. Joined: Posts: 19,868 ✭✭✭✭✭ OG
    Starhammer wrote: »
    As far as money and social media goes, Steemit.com has been killing it lately, and giving me lots to play with and add to my portfolio the past three weeks.

    I just checked that site and this is the first thread I run into.

    https://steemit.com/steemit/@noisy/we-just-hacked-11-accounts-on-steemit-1158-sbd-and-8250-steem-is-under-our-control-but-we-are-good-guys-so

    Not a good look, but I will withhold judgement. For now.

    -Starhammer-

    What isn't a good look? Did you even read the thread? What isn't a good look is posting your passwords in public places on the website on which the password is used. User error.

    Nope. Closed it and walked. I will check later though. It's kinda like if I just got my pilot's license and the first thing I see when I get to work is a 747 sticking ass end up out of the tarmac. Despite the fact that it was a once in a lifetime event, my confidence in safety around that place just fell a few notches.

    The way things look right now, my money plans are running along at speed. By the end of this year I'll have it up to the amount I want in dividends, then I add on a few more stocks. I'm still waiting to see the red flags that say,"THE FINANCIAL SKY IS FALLING!!" so I'm not gonna stay on guard. How's the rest of you doing?

    -Starhammer-
    Always think it's strange when black dudes accuse other black dudes of not being hood enough. Like isn't that a good thing?

    AV by Rick Ross.
  • Ken34Ken34 a.k.a Mashima Taichi Joined: Posts: 6,970 ✭✭✭✭✭ OG
    i wish i had caught that move in biotechs last week, the thing was basically a vertical line up. huge move, thousands of dollars missed, oh well i atleast had AMD which was lights out this week.
    "True Strength is something Money and Credit cards cannot buy"
  • Shaft AgentShaft Agent https://discord.gg/F4ZmxDu Joined: Posts: 9,166 ✭✭✭✭✭ OG
    word on the street is that Ethereum creator has died. could be a pump and dump though
    Forget trying to pass for normal. Follow your geekdom. Embrace nerditude. In the immortal words of Lafcadio Hearn, a geek of incredible obscurity whose work is still in print after a hundred years, “Woo the muse of the odd.” You may be a geek. You may have geek written all over you. You should aim to be one geek they’ll never forget. Don’t aim to be civilized. Don’t hope that straight people will keep you on as some sort of pet. To hell with them. You should fully realize what society has made of you and take a terrible revenge. Get weird. Get way weird. Get dangerously weird. Get sophisticatedly, thoroughly weird, and don’t do it halfway. Put every ounce of horsepower you have behind it. Don’t become a well-rounded person. Well-rounded people are smooth and dull. Become a thoroughly spiky person. Grow spikes from every angle. Stick in their throats like a pufferfish. -Bruce Sterling
  • NinetiesArcadeNinetiesArcade Joined: Posts: 1,345
    Just found out this podcast: https://www.fool.com/podcasts/motley-fool-money/

    Invested on 2 of the symbols they mentioned from the latest podcast; let's see how this plays out.

    =============================================================
    "I put Soleil Moon Frye's breast reduction up with the Holocaust and Khmer Rouge purge as one of THE most senseless tragedies of the 20th Century." Return of Shiki.
    'Racism, that's the name of the game
    And you couldn't escape that if you was David Blaine
    Know what I'm sayin?' -Junk Science, House Wigger

  • Ken34Ken34 a.k.a Mashima Taichi Joined: Posts: 6,970 ✭✭✭✭✭ OG
    Big Banks Set to Pay Out Largest Dividends in a Decade

    All of the nation’s largest banks passed the latest stress test on Wednesday, the first time all aced the exam since the Federal Reserve began administering the exercise seven years ago.

    http://www.cnbc.com/2017/06/28/for-first-time-since-financial-crisis-fed-clears-all-big-banks-capital-return-plans.html
    "True Strength is something Money and Credit cards cannot buy"
  • FreezingCicadaFreezingCicada Joined: Posts: 588
    edited July 6
    Cryptos, Past that crypto bill some people in the US are pushing (Which is complete BS and is bankers pushing that) its a been going great for me.
    ETH got hit HARD and still hasnt recovered from that 40K ETH dump into the market. Glad I hopped off at 400 USD. Also in general sell offs that happened at the end of June/ start of July. Possible people take gains/loss for the quarter.

    Still holding strong on DASH and riding ZCash to see if recovers back to 400-ish. Also, have a Genesis Mining contract for ETH as a hedge.
    Last bit shilling an exchange called www.livecoin.net
    They arnt paying me. I just like the exchange cause its a simple site with candle stick charts and the few exchanges that lets you trade cryptos in USD or Russian Ruble. (As long as you dont put that in a US bank you dont claim it on taxes.)
    Trade off is there isnt much coins and little active traders on it. (Though you can snag some good prices on people not paying attention on their listing prices.) Dont use a credit card to fund your account. Just use coinbase and buy crypto then send to the livecoin wallet.
  • StarhammerStarhammer The Laughing Man of SRK. Joined: Posts: 19,868 ✭✭✭✭✭ OG
    This here guy is dropping some of the knowledge that cannot be found in books. There is more than one reason why you're broke, and he's gonna tell you where to look.



    -Starhammer-
    Always think it's strange when black dudes accuse other black dudes of not being hood enough. Like isn't that a good thing?

    AV by Rick Ross.
  • MarcOfTheBeastMarcOfTheBeast Joined: Posts: 194
    Whats up everyone, I'm new to this thread.

    I'm still a beginner when it comes to investing. Does anyone has any experience trading options? If so, what's your experience? Did you lose more than you expected or did you gain big over a short period?