Can't find the link but IRS asked for all accounts. Coinbase didn't want to give any. Judge ordered coinbase to give accounts that traded more than 10k which was about 11k accounts and if the IRS can show a significant amount of tax evasion by these accounts then coinbase has to hand over everything.

its 20k in

buy, or
sell, or
send, or
receive

in any one year between 2013 and 2015. this amounts apparently to 13,000 customers. Not all of those customers will have created a taxable event (e.g. receive 20k in btc, never sell. buy 20k in btc, never sell.)

So the real # is probably far lower than 13,000 which the IRS will scrutinize. Just think how few bitcoin millionaires there really are if only 13,000 accounts on coinbase registered 20,000$ worth of buys in any 1 year between 2013-2015.

sp,

So you admitting you don't have access to the mempool? (or memepool in your parlance)

I suppose you're upset that as a supposed "financial expert" you don't even know that major asset classes are appreciating or depreciating and are taking out your public humiliation on me.

I logged all of my poker withdrawals as poker winnings on my 1040, even though at one point or another they went through coinbase. i also logged all of my crypto profits as short term capital gains, but it was a much smaller amount than what actually passed through my coinbase account, even though i had a loss on my poker withdrawals (lol timing the market). am i ****ed?

ETA: I did not log each transaction on coinbase as a capital gain, rather included it in my poker winnings. which, now that i think about it, means i paid more due to SE tax

wtf are you even talking about? what do you think "accessing the memepool" even means? there's a ton of websites that let anybody access the data in various forms

Have been studying technical analysis like crazy - so am still trying to learn to tell when the charts are showing signs that something's about to moon, and when the charts are just showing a doggie looking to sneak a bite of the ham sandwich next to the computer with the bitcoin graphs that his master's been staring at all evening ... sometimes the two can look surprisingly similar!

Not sure if maybe it may have been better to wait for the price to pass $10.5k before buying, or if $10.1k was an okay time to buy - hopefully there's enough interest to push the price of bitcoin up past $10.5k sometime tonight? If so, then hopefully maybe there'll be enough steam for the price to go up past $12k sometime next week?

GL to all of us with our bitcoin!!

BTC has been trading in a range that has not attracted much momentum buying, i.e. new FOMO buyers.

I think it needs to get to at least $16k for those buyers to come back in. You may want to scalp the local dips/peaks until it gets past $14k or so.

Up to 13k accounts now;

Coinbase tells 13,000 users their data will be sent to the IRS soon

They get like 50k new a day. It's probably 0.0001% of all accounts.

I think at this point I am more worried about BTC losing to another coin than to govt intervention(shutting it down). The forecast on the latter seems to be positive as of late. BTC going to be good for a bit, I am pretty optimistic right now, but I also feel good and the sun is shining, maybe it's false optimism based on no principles. The only tech I really know is btc because that is what I have read most and listened(podcasts, conversation) to the most about. Also, govt intervention, I guess could merge into a coin as well, for instance, as mentioned before, a USA#1coin. If "big" coins like that are issued, certainly they will at least become or rival the biggest coins. Time will tell, my short-term outlook is once again optimistic

So there are more accounts than humans on the planet. All verified as well which at that growth rate would take hundreds if not thousends of employees just doing verifications.

Humans dont verify coinbase accounts. Thats why if you have an issue and actually need a human you are screwed, but otherwise its easy.

GGI,

There is definitely a human involved in KYC verification but I was just making fun of the ridiculous numbers he used.

At 50k per day, it would take 400 years to register all currently living human Earthlings. The percent of accounts is probably off a bit though, so I guess you were talking about that offhand estimation.

Anyone have links to podcasts or reading that discusses opinions of where crypto will be in 5+ years from now?

Picked up some bitcoin a couple of days ago at $10.1k *hoping* there'd be enough steam to reach $12k by next week, or maybe even sooner if there's enough interest? If it gets that high, wasn't sure how much higher it might go after that - was just going to take things one step at a time. If the price doesn't even go as high as $12k, will still have made some $, since am using a stop-loss - so anything above $10.5k will be lovely ...

Things sure do feel like they've slowed down a lot compared to how they were after Thanksgiving in late November and early December. Watching graphs the last couple of days has at times felt like watching paint dry - guess gains that were only taking a couple of hours during the big heater are now taking several days?

There was this chart floating around a while ago - looking at it again today reminded me that a gain of 10% after only 3 to 4 days is actually pretty sweet! It can sometimes take as long as a year to make that much from the stock market ...

That being said, it does seem like bitcoin's been going sideways for hours now - would be lovely if the price were to have another one of those big spikes sometime in the middle of the night, that pushes the price up past $11k?




The last couple of days it's seemed like bitcoin's been doing the best Did see an article a couple of days ago though about some free coins that are being given away in early March - so maybe some of these other coins may start doing a little better in the days before the giveaways?

Is NEO a decent coin? May or may not have picked some up today - hopefully am not busto by tomorrow

http://fortune.com/2018/02/22/bitcoi...ryptocurrency/

GL to all of us with our coins

Hey all. Has anyone bought a nano ledger s recently from the ledgerwallet website and if so, how long did it take for you to receive it? They have it on stock now and you could order it and get it 7-21 standard days or you could do expedited with either dhl or ups express for 13 or 21 more euros and it takes 3-5 days. Obviously that is nothing since you get it a lot faster.


But those of you that ordered standard, so it basically takes 7-21 business days? Thus it could take from 1.5 week to 1 month or so? But expedited takes less than a week right? Im going to obviously order it expedited but curious if those time frames they give out are correct whether its standard or dhl/ups express. Does it depend what state you are located in the US such as they ship it faster if you are on the west coast vs east coast or midwest etc?

Gosh, it got so close - hopefully soon?

In case you're having a bad day, could always be worse

Why the **** does that twitter account have a 3 gig image as its banner

I bought one at start of the year. It arrived in 7 days however I am in the UK and the factory is in France so am pretty close.

I assume there is some US factory/distribution hub where they hold stock. To be able to offer you 3-5 days as an option from the USA.

Sent from my SM-G920F using Tapatalk

https://trends.google.com/trends/explore?q=bitcoin

probably the best barometer of hype out there

Verify to see if it was not tampered as well Pauly when you do get it.

Looks like my stop-loss kicked in while was sleeping - that sell-off at $11k looks like it was more robust than it had to be Was hoping the price might keep going up, but now does it looks a little more likely to go down instead?



They have shorting on Bitfinex, so guess if buying isn't very robust and the price were to keep dropping that would be an option as well? During the sell-off last week though, it looked like the price had room to fall down to $9k or below, and the selling didn't seem to be as robust as it could have been either?

These technical indicators are pretty neat - lots of articles on the internet say they're used to predict future price movements, but they seem way more like a HUD that can be used to get a read on the buying and selling behaviour of the sharks and fish in the pool? There's this one called the RSI that reminds me a bit of VPIP/PFR - there's a certain range that's considered optimal, so the pros only seem to tend to buy and sell within that optimal range - and then guess the stuff outside the optimal range may be mostly recreationals?

The RSI is the pink indicator below - the pros generally won't buy above the pink bar, so the buying above 80 and into the 90's is likely all recreationals ...

How much money did it take to move the price 2% in 10 minutes - am not sure of my math Is it ... hundreds of millions? Wonder if maybe there's still quite a bit of hype out there, but maybe there's just so many pros eager to grab the fresh cash as soon as it appears ... maybe kind of like poker, around 2015?

Wonder if maybe the price may just start to hang around $10k for a while, until there's fresh news or something?