Bitcoin just broke 8000... UPDATE $9100! over 10k!!! My nigga its about to break 20k!!!

fourthstbully

Rising Star
BGOL Investor
Bitcoin, litecoin, Dash are being accepted several online places. I think Amazon should be a major player soon, we'll see. But you can convert these coins back to usd and then wire back to your regular bank account. Kraken.com, Bitstamp.com, and coinbase.com let's you do that. I haven't yet, I'm very skeptical about the tax issue, but next year I'll be taking some funds and see.
i am planning on taking out a lump sum at the end of this year, via kraken. but maybe it would be best if i wait until january? idk.
i remember asking about the tax implications in the old crypto thread. shit is real now...
 

godofwine

Supreme Porn Poster - Ret
BGOL Investor
I logged into bittrex and input my password. It went to the 2-Step Authentication page and my Google authentication is only set for my Gmail. How do I set it up for my bittrex.? It was set up on my old phone and each 2-Step Authentication had its own line
 

dHustla

Rising Star
Registered
So a quick search, a few videos, and some reading later.... yields:
Antminer S9 is the best on the market but prices are from $1600 - $3999.
antminer-s9-batch-11-85-th-s-2016-new-13.jpg


I want 1.
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
I logged into bittrex and input my password. It went to the 2-Step Authentication page and my Google authentication is only set for my Gmail. How do I set it up for my bittrex.? It was set up on my old phone and each 2-Step Authentication had its own line

It had it's own line, but it was under you google account(2 factor your google account while you at it). You can use the special code that was given to you by the site when you set it up OR you can move it to your new phone which will make the temp codes on your own phone invalid.

You going to lose all your coins if you don't get these basics down.

So a quick search, a few videos, and some reading later.... yields:
Antminer S9 is the best on the market but prices are from $1600 - $3999.
antminer-s9-batch-11-85-th-s-2016-new-13.jpg


I want 1.

Not for nothing, but they been hustling miners for years. The game was to do pre-orders and then deliver months and months later. Didn't even bother to look at the one you posted because cats was still posting miners in June that wouldn't come out until 2018.

Just be careful and do your own research.
 

bxclark

Rising Star
Platinum Member
how did you get into the mining? you need special hardware for that?
The game has definitely changed since I got on but I bought mining contracts from Genesis Mining. Getting some BTC everyday. Will likely earn one BTC per month by March unless it continues to skyrocket. Lemme know if you have any questions. Have to look back but dude on this thead put me on. I still do some small trading but earning everyday was/is very attractive to me. It's completely passive as well.
 

godofwine

Supreme Porn Poster - Ret
BGOL Investor
It had it's own line, but it was under you google account(2 factor your google account while you at it). You can use the special code that was given to you by the site when you set it up OR you can move it to your new phone which will make the temp codes on your own phone invalid.

You going to lose all your coins if you don't get these basics down.

.
I don't have any special code that was given to me when I set this up. I've been trying to figure this out since I got this phone last month

I don't see settings on bittrex and like I said the Google codes don't work
 

CybaCipha

Rising Star
Platinum Member
I don't have any special code that was given to me when I set this up. I've been trying to figure this out since I got this phone last month

I don't see settings on bittrex and like I said the Google codes don't work
I had a similar issue with another exchange when I changed my phone. I didn't remember setting up 2FA and I didn't write down the seed/secret passcode. I had to reach out to support and submit KYC documents to get into my account.
 

fourthstbully

Rising Star
BGOL Investor
I'd definitely wait till cheeto head's tax plan is in affect which is starting next year
Probably the smart thing to do. Fuck. I'm ready to make this withdrawal. I have been planning this for awhile.
I'm about to go read up on the tax plan, but at the end of the day, I'm gonna take out money sooner or later. About to payoff everything...
 

TIMEISMONEY

Rising Star
BGOL Investor
Probably the smart thing to do. Fuck. I'm ready to make this withdrawal. I have been planning this for awhile.
I'm about to go read up on the tax plan, but at the end of the day, I'm gonna take out money sooner or later. About to payoff everything...
I have everything paid off already but I'm just itching to take out a large amount, but keep thinking about the taxes. I'm hoping next year the taxes will be more favorable.
 

fourthstbully

Rising Star
BGOL Investor
I have everything paid off already but I'm just itching to take out a large amount, but keep thinking about the taxes. I'm hoping next year the taxes will be more favorable.
Yeah, I'm pulling six figures, so I need make sure I'm ready for the bullshit.
But if I'm not mistaken, when I was researching last year, you technically aren't required to report Bitcoin on your taxes. Something like that. I'll update once I look at it again, but if I'm wrong, please advise.
 

TIMEISMONEY

Rising Star
BGOL Investor
Take out? Can't you donate that to charity?
Like to a charity trust that you are the sole trustee? I'm just saying...

Yall need to know how to operate like "they" do.
That's what I need to learn, not even my CPA know too much about it right now. I need to find out as much as I can. Let us know everything you do.
 

BDR

BeatDownRecs
BGOL Investor
Where the breh that first made the bitcoin thread? That mofo prob done cashed out :lol:
 
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