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Afternoon express: Trade your high BTC for low ETH

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Unholy jap
  12/15/17
for serious?
Hot internal respiration
  12/15/17
Yea only way to lose is if BTC soars to new highs or ETH plu...
Unholy jap
  12/15/17
Lol Not sure crypto is known for its stability
Flickering sinister mental disorder sound barrier
  12/15/17
Upside is bigger than the downside...Either gain a quick 5% ...
Unholy jap
  12/15/17
All aboard...leaving the station
Unholy jap
  12/15/17
You are the conductor of the loot train
Big codepig
  12/15/17
The movement out of BTC and into ETH counts for double the p...
Unholy jap
  12/15/17
Why profit just once when ETH goes from 675-750..when you co...
Unholy jap
  12/15/17
...
Sadistic up-to-no-good affirmative action macaca
  12/15/17
Sold: +6% BTC on the afternoon ETH express
Unholy jap
  12/15/17
Everytime you do this, you have to pay taxes correct? Ask...
Fighting Lilac Meetinghouse
  12/15/17
I could be wrong, but I don't think so...I'm transferring BT...
Unholy jap
  12/15/17
Of course. If you're following the actual tax rules, constan...
Heady maniacal dragon forum
  12/15/17
What transactions is Coinbase reporting to the IRS? Seems li...
Unholy jap
  12/15/17
Maybe. But how would the IRS know what someone does on bittr...
Big codepig
  12/15/17
Right..Binance is based in China
Unholy jap
  12/16/17
This is a taxable event, hope you're not using KYC on Binanc...
Arrogant Goal In Life Scourge Upon The Earth
  12/15/17
Is anyone? I think all they request is an email.
Histrionic Mood Range
  12/16/17


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Date: December 15th, 2017 4:33 PM
Author: Unholy jap



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



Reply Favorite

Date: December 15th, 2017 4:52 PM
Author: Hot internal respiration

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: Unholy jap

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)



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Date: December 15th, 2017 5:32 PM
Author: Flickering sinister mental disorder sound barrier

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: Unholy jap

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)



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Date: December 15th, 2017 7:07 PM
Author: Unholy jap

All aboard...leaving the station

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



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Date: December 15th, 2017 9:46 PM
Author: Big codepig

You are the conductor of the loot train

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



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Date: December 15th, 2017 8:11 PM
Author: Unholy jap

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)



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Date: December 15th, 2017 8:34 PM
Author: Unholy jap

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)



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Date: December 15th, 2017 8:48 PM
Author: Sadistic up-to-no-good affirmative action macaca



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



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Date: December 15th, 2017 8:46 PM
Author: Unholy jap

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: Fighting Lilac Meetinghouse

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: Unholy jap

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)



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Date: December 15th, 2017 10:15 PM
Author: Heady maniacal dragon forum

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)



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Date: December 15th, 2017 10:26 PM
Author: Unholy jap

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)



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Date: December 15th, 2017 11:42 PM
Author: Big codepig

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)



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Date: December 16th, 2017 11:17 AM
Author: Unholy jap

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: Arrogant Goal In Life Scourge Upon The Earth

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: Histrionic Mood Range

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

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