Cryptocurrency Master Thread

[The Big Train]

https://amp-reddit-com.cdn.ampproject.org/c/s/amp.reddit.com/r/CryptoCurrency/comments/7m56g0/the_absolute_fucking_impossibility_of_reporting/

[yoga-like_abana]

Yeah, was/am a bit worried about that come tax season

[XocolateThundarr]

https://twitter.com/Burstcoin_dev/status/946515147262255104

[XocolateThundarr]

That tax post was going to be my next question to you guys.

[The Big Train]

This won’t do anything to the price but we are forward guys!

https://twitter.com/alexbosworth/status/946175898029395968

[wetwillie]

XRP bout to go parabolic?!

[The Big Train]

Wow!

[Phil Titola]

In on dash and XMR now... Thanks for the recommendations pals

[Phil Titola]

Ledger Nano S coming today...where does everyone store their seed phrase?  Thinking fireproof box at home and a copy at work or parents place.

[The Big Train]

Ledger Nano S coming today...where does everyone store their seed phrase?  Thinking fireproof box at home and a copy at work or parents place.

Good choice on the wallet

Fireproof box is a good place.  I would also recommend you keep a physical and digital copy, with the digital copy on an encrypted external flash/HD.

[wetwillie]

You can usually get safe deposit box's at a bank for like $25 a year.  might be a bit inconvenient but it ain't going anywhere.  Kind of funny keeping crypto stuff at a place it will probably destroy.

[XocolateThundarr]

How long does it usually take to send BTC from Coinbase to Binance?  Anyone have any experience?

[XocolateThundarr]

Also, can you transfer LTC to Binance and use that to by other coins or do you have to use BTC to buy the other coins on that site?

['taterblast]

30-60 minutes in my experience. and yes, you can transfer LTC, BTC, or ETH to binance

[XocolateThundarr]

30-60 minutes in my experience. and yes, you can transfer LTC, BTC, or ETH to binance

I saw where you can transfer them, I just wasn't sure whether you could use LTC to buy other coins once they are there.  It looked like the only option to buy was in BTC.  Maybe I'm just not looking at it right.

[Phil Titola]

Highly recommend the Nano Ledger S....only annoying thing is it doesn't have enough space to store all the coin wallets at a time (if you do more than like 5)....so you have to off load and reload particular coin wallet apps when you want to move coins around.  Other than that super simple to setup and get your coins off the exchanges.

Now to freak out about how/where to store the seeds and make sure someone else knows the PIN in case I get 7 pak'd one too many times.  Relieved to know when the exchanges get hacked, I'm protected.

[XocolateThundarr]

What are your guys' thoughts on TRX?  It's dirt cheap, but from what I am reading it sounds like it is just getting started.

[CrushNasty]

Ordered my ledger nano S yesterday. Did you buy it direct? 2-3 weeks shipping?


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[wetwillie]

What are your guys' thoughts on TRX?  It's dirt cheap, but from what I am reading it sounds like it is just getting started.

Sounds sexy, throw it in the portfolio for like $100 worth and see what happens

[XocolateThundarr]

Ordered my ledger nano S yesterday. Did you buy it direct? 2-3 weeks shipping?


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I just ordered one today on Amazon....will be here Wednesday.

[Phil Titola]

Ordered my ledger nano S yesterday. Did you buy it direct? 2-3 weeks shipping?


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ordered it last night on amazon...here at 1pm today.

[CrushNasty]

Nice. Yeah just went the cheaper route. Longer shipping time is the drawback.


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['taterblast]

What are your guys' thoughts on TRX?  It's dirt cheap, but from what I am reading it sounds like it is just getting started.

i have some. just going to forget about it for a while and hope for good things.

[wetwillie]

XRP bout to go parabolic?!

Hope everyone got on board because it appears the train is getting ready to leave the station.

[The Big Train]

https://support.gdax.com/customer/portal/articles/2913042-taxes-faq

https://www.irs.gov/pub/irs-drop/n-14-21.pdf