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Afternoon express: Trade your high BTC for low ETH

...
Maroon Depressive
  12/15/17
for serious?
comical amber masturbator
  12/15/17
Yea only way to lose is if BTC soars to new highs or ETH plu...
Maroon Depressive
  12/15/17
Lol Not sure crypto is known for its stability
Chartreuse brethren hospital
  12/15/17
Upside is bigger than the downside...Either gain a quick 5% ...
Maroon Depressive
  12/15/17
All aboard...leaving the station
Maroon Depressive
  12/15/17
You are the conductor of the loot train
Self-absorbed purple water buffalo dilemma
  12/15/17
The movement out of BTC and into ETH counts for double the p...
Maroon Depressive
  12/15/17
Why profit just once when ETH goes from 675-750..when you co...
Maroon Depressive
  12/15/17
...
Glittery sick yarmulke state
  12/15/17
Sold: +6% BTC on the afternoon ETH express
Maroon Depressive
  12/15/17
Everytime you do this, you have to pay taxes correct? Ask...
Ruby charismatic sound barrier
  12/15/17
I could be wrong, but I don't think so...I'm transferring BT...
Maroon Depressive
  12/15/17
Of course. If you're following the actual tax rules, constan...
Mind-boggling tank black woman
  12/15/17
What transactions is Coinbase reporting to the IRS? Seems li...
Maroon Depressive
  12/15/17
Maybe. But how would the IRS know what someone does on bittr...
Self-absorbed purple water buffalo dilemma
  12/15/17
Right..Binance is based in China
Maroon Depressive
  12/16/17
This is a taxable event, hope you're not using KYC on Binanc...
seedy crusty whorehouse
  12/15/17
Is anyone? I think all they request is an email.
Walnut 180 institution
  12/16/17


Poast new message in this thread



Reply Favorite

Date: December 15th, 2017 4:33 PM
Author: Maroon Depressive



(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34929195)



Reply Favorite

Date: December 15th, 2017 4:52 PM
Author: comical amber masturbator

for serious?

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34929395)



Reply Favorite

Date: December 15th, 2017 5:29 PM
Author: Maroon Depressive

Yea only way to lose is if BTC soars to new highs or ETH plummets...neither of which is likely to happen

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34929683)



Reply Favorite

Date: December 15th, 2017 5:32 PM
Author: Chartreuse brethren hospital

Lol

Not sure crypto is known for its stability

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34929710)



Reply Favorite

Date: December 15th, 2017 5:38 PM
Author: Maroon Depressive

Upside is bigger than the downside...Either gain a quick 5% and switch back to BTC. Or ETH drops and you wait for it to go back up. BTC won't break out

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34929768)



Reply Favorite

Date: December 15th, 2017 7:07 PM
Author: Maroon Depressive

All aboard...leaving the station

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34930337)



Reply Favorite

Date: December 15th, 2017 9:46 PM
Author: Self-absorbed purple water buffalo dilemma

You are the conductor of the loot train

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34931286)



Reply Favorite

Date: December 15th, 2017 8:11 PM
Author: Maroon Depressive

The movement out of BTC and into ETH counts for double the percent gain here (for those with the law degrees)...Just don't want Asia to be the only continent making real money off crypto.

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34930658)



Reply Favorite

Date: December 15th, 2017 8:34 PM
Author: Maroon Depressive

Why profit just once when ETH goes from 675-750..when you could do so all 10 times it trades in the same range.

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34930812)



Reply Favorite

Date: December 15th, 2017 8:48 PM
Author: Glittery sick yarmulke state



(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34930928)



Reply Favorite

Date: December 15th, 2017 8:46 PM
Author: Maroon Depressive

Sold: +6% BTC on the afternoon ETH express

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34930905)



Reply Favorite

Date: December 15th, 2017 9:58 PM
Author: Ruby charismatic sound barrier

Everytime you do this, you have to pay taxes correct?

Asking honestly, I've thought about some limited short term trading but this always seems like a major negative



(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34931350)



Reply Favorite

Date: December 15th, 2017 10:15 PM
Author: Maroon Depressive

I could be wrong, but I don't think so...I'm transferring BTC/ETH from Coinbase to smaller exchanges like Binance. Then trading on Binance. Does Coinbase report all of the transfers out?

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34931453)



Reply Favorite

Date: December 15th, 2017 10:15 PM
Author: Mind-boggling tank black woman

Of course. If you're following the actual tax rules, constantly selling and churning through different coins would kill you as each would be taxed at your ordinary income rates. I don't think many of these people are following the tax rules.

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34931455)



Reply Favorite

Date: December 15th, 2017 10:26 PM
Author: Maroon Depressive

What transactions is Coinbase reporting to the IRS? Seems like they would just be reporting wire transfers out of the exchange into your bank account

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34931533)



Reply Favorite

Date: December 15th, 2017 11:42 PM
Author: Self-absorbed purple water buffalo dilemma

Maybe. But how would the IRS know what someone does on bittrex or binance

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34932142)



Reply Favorite

Date: December 16th, 2017 11:17 AM
Author: Maroon Depressive

Right..Binance is based in China

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34934454)



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Date: December 15th, 2017 11:47 PM
Author: seedy crusty whorehouse

This is a taxable event, hope you're not using KYC on Binance.

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34932178)



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Date: December 16th, 2017 7:01 PM
Author: Walnut 180 institution

Is anyone? I think all they request is an email.

(http://www.autoadmit.com/thread.php?thread_id=3830339&forum_id=7#34937680)