What site do you use? Is the ticker $VGX?
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
???
VOYAGER
I have the links listed in my signature
It's a PHONE app
VOYAGER
I have the links listed in my signature
It's a PHONE app
-Get back in while you still can. 2017 part II is coming soon. "DeFi" cryptos are popping right now
-VGX?...It could, it definitely looks like a hidden gem. RnB Thug is the better person in here to ask since the one who put everyone on it.
Yep. Chainlink is taking off. It's currently number 5 by market cap.
Chainlink Jumps 9% on the Day Crypto Market Loses $8bn; Here's Why
Chainlink (Ticker: LINK) rebounded from its short-term corrective downtrend on Wednesday as its price surged 9 percent on a 24-hour timeframe. The LINKUSD
www.newsbtc.com
Watch this one...
Klaytn (KLAY)
https://www.klaytn.com/partners
https://www.kakaocorp.com/
I might have found a hidden monster in S.Korea.
It was developed by Kakao which appears to be the Korean Google/Facebook.
Expect this to be VERY involved in gaming. They're partnered with THETA and Silver.tv
And they've recently partnered with Samsung.
Klaytn (KLAY)
$ 0.714768 USD
74.03% Last 24h
$KLAY, $THETA and $DTA are all a trio.
-$DTA is the Korean $BAT and working with $THETA
-$THETA is partnered with both Samsung and $KLAY
-$KLAY is partnered with Theta, Samsung, LG, etc. and is created by Kakao.......
- Kakao in short...Is the Asian Google
-Why is CZ/Binance a member of Klaytn's governance council?
-Why was Warren Buffett given a ledger with coins that included $KLAY?
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Rank 90
XinFin (XDCE)
$ 0.017186 USD
167.29% Last 24h
XinFin (XDCE)
$ 0.017186 USD
167.29% Last 24h
Now on Bitrue
Voyager CEO Stephen Ehrlich answers our questions - "Why do we have to wait 5 days to withdraw Digital Assets and WHY can't we take ALL assets off of the Voyager platform?"
Investing in Bitcoin IRAs: Reading Into the Pros and Cons
www.investopedia.com
itrustcapital.com
Cryptocurrency IRAs: Advantages and Disadvantages
You can use cryptocurrency IRAs for your retirement and to reduce your tax burdens, but it's important to know as much as possible before making a decision.
iTrustCapital | The #1 Crypto IRA Retirement Platform
iTrustCapital is the #1 Crypto IRA / 401k platform offering cryptocurrencies, gold and silver within your retirement accounts.
itrustcapital.com
Yep. Chainlink is taking off. It's currently number 5 by market cap.
Chainlink Jumps 9% on the Day Crypto Market Loses $8bn; Here's Why
Chainlink (Ticker: LINK) rebounded from its short-term corrective downtrend on Wednesday as its price surged 9 percent on a 24-hour timeframe. The LINKUSD
I converted my IRA to a self directed account via Madison Trust back in 2018 and invested all of it in crypto. I'm going to be rich as fuck or homeless in the future. One or the other.Investing in Bitcoin IRAs: Reading Into the Pros and Cons
Cryptocurrency IRAs: Advantages and Disadvantages
You can use cryptocurrency IRAs for your retirement and to reduce your tax burdens, but it's important to know as much as possible before making a decision.
iTrustCapital | The #1 Crypto IRA Retirement Platform
iTrustCapital is the #1 Crypto IRA / 401k platform offering cryptocurrencies, gold and silver within your retirement accounts.
Trustswap went crazy... .08 cent July 18th - Aug 16th .93 cent
IRS Plans to Ask Every American Worker if They Used Crypto in 2020
On Aug. 19, the IRS released drafts of its income tax forms for 2020, which will ask every American filing income for the year whether or not they used crypto.
Early into its very first page, the latest 1040 form asks: “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?”
Chandan Lodha, founder of crypto tax software firm Cointracker, told Cointelegraph:
cointelegraph.com
On Aug. 19, the IRS released drafts of its income tax forms for 2020, which will ask every American filing income for the year whether or not they used crypto.
Early into its very first page, the latest 1040 form asks: “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?”
Chandan Lodha, founder of crypto tax software firm Cointracker, told Cointelegraph:
The news follows a series of other indicators that the tax agency is stepping up its work to bring crypto to heel.
IRS Plans to Ask Every American Worker if They Used Crypto in 2020
Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency
cointelegraph.com
Unfortunately
www.forbes.com
Crypto Users Are Receiving IRS Tax Warning Letters, Again
The IRS has begun sending out another round of crypto tax warning letters to US taxpayers according to several posts on Reddit and as reported by several CoinTracker.io users.
www.forbes.com
How will this affect Xrp?
ConsenSys Acquires Quorum® Platform from J.P. Morgan
ConsenSys, an industry-leading blockchain software company, today announced the acquisition of Quorum®, an enterprise-variant of the Ethereum blockcha
www.businesswire.com
may not have been the best move, but I said fuck it and bought Mantra Dao. Lately my only major gainer has been Cardano.
I'm starting to feel like the older or more established projects may not grow as fast or at all for what my two year goals are. I'm going to need to take some small risk with newer projects while I wait for the older ones to push higher. I don't really trust the whole Defi thing, but they may push the market similar to the ETH ICO craze in 2017
I'm starting to feel like the older or more established projects may not grow as fast or at all for what my two year goals are. I'm going to need to take some small risk with newer projects while I wait for the older ones to push higher. I don't really trust the whole Defi thing, but they may push the market similar to the ETH ICO craze in 2017
Are you claiming crypto on your taxes?
I pay taxes on any income and I'd recommend everyone else do the same. Why risk paying more long-term or worse by being greedy.
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The Truth About Defi RIGHT NOW! YFI Creator Andre Cronje Speaks!
sushi listed on Binance.... to the moon!
Transaction fees on the Ethereum network have recently reached a new hourly record. According to Glassnode, an on-chain analytics firm, miners on the network earned over $500,000 in just one hour today as Ether (ETH) rallied.
Currently sitting at its 2020 high of $486, Ether rallied 10% today. The spike in network activity is thought to be related to the launch of Sushiswap, a fork of Uniswap that has hit $1 billion in total value locked in less than 24 hours.
The news may sound good for Ether miners whose revenue is increased by higher fees and more transactions. In fact, Ethereum’s network hash rate has been growing consistently, having reached its 20-month high recently, despite the recent controversy regarding a proposal that aims to reduce block rewards by 75%.
However, it points to an ever-growing issue in the sustainability of Ethereum in the short and long term. While DeFi seems to be leading to a renewed bull run for Ether, it also seems to be the major cause for its technical issues.
As the decentralized finance sector continues to push the activity beyond the network’s limits, congestion on the network leads to a higher number of unconfirmed transactions, longer wait times and higher fees as users compete to get their transactions confirmed faster. This issue also makes some smart contracts virtually unusable, an extremely crucial problem for the future of Ethereum as a smart contract platform.
While Tether (USDT) has consistently been the biggest gas spender on the network, decentralized exchange and liquidity protocol Uniswap recently surpassed Tether as the smart contract that uses the most amount of gas.
Uniswap also made media waves as it surpassed Coinbase in daily trading volume, showcasing how big DeFi is becoming in the digital asset space.
Transaction costs remain a major issue in crypto as a whole
Ethereum has been having constant issues with high fees and congestion. Recently, the network increased the limit of maximum gas per block from 10,000,000 gas to 12,500,000 gas, but it is not the only network whose fees have been rising.
Bitcoin has also seen a substantial increase in the price of transaction fees from less than $1 in July to $3.53 at the time of writing. The network saw a peak reached on Aug. 6 at $6.47 per average transaction.
Nevertheless, these fees are still somewhat inconsequential for large transactions, as exemplified by a user who paid less than $5 to transfer over $1 billion worth of Bitcoin. However, when it comes to small payments, the current fees (both on Ethereum and Bitcoin) are simply unbearable. The nature of transaction fees has become one of the main arguments for classifying Bitcoin as a sort of “digital gold” rather than a currency.
While transaction fees have been a constant issue for Ethereum, there are a few solutions at work, including an old Ethereum Improvement Proposal, EIP 1559, which is now being tested in Filecoin, a decentralized file sharing and payment protocol. The proposal has seen success in improving the fee structure of the platform and could, in theory, be applied to Ethereum as well.
Ethereum 2.0 and second-layer options
While some solutions such as EPI 1559 and even the upcoming Ethereum 2.0. upgrades are still being developed and tested, there are second-layer solutions that can help Ethereum’s fee issue right now.
Several layer-two solutions provide an alternative for simple payments on the network, and many of them are already live; most noticeably, the OMG network, which has recently seen the migration of Tether in order to allow for cheaper USDT transfers.
Stephen McNamara, chief operating officer of the OMG Network, explained how OMG can help Ethererum’s current fee issue. He told Cointelegraph:
Vitalik Buterin, co-founder of Ethereum, also urged the community to take advantage of these solutions. He tweeted:
Ethereum gas fees reach $500K as ETH price hits a 2020 high at $486
Ethereum miners earned a record $500K in fees for a single hour, raising concerns about network stability
cointelegraph.com
...So much for Sushi.
Not for nothing his exit scam got the rest of DeFI looking shaky along with everything else dropping.
anybody buying the dips?
Very shaky. I bought erd
I wound up putting a bag on OM. Hoping it'll get to .60 once all this shit settle down some
If y’all have been uniswap, go claim your UNI tokens.
Coinbase dropping new coins pretty regular now.i think uni was the fastest listing on coinbase and binance.loopring and yearn.finance in the mix too.