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BiffTannen

Silver Member
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Everything posted by BiffTannen

  1. Jesus you guys must have gigantic stacks for those goals. Price would have to stay down for a looooooooooooooong time for me to hit that
  2. I usually comment to try and defend Alex as just being passionate about his investment and trying to be involved in the community, but lately it's just seeming like an ill-informed money grab.
  3. Can’t wait for this joke of an announcement. Not sure what’s more annoying, uphold for announcing they have an announcement in hopes of hyping people up for some bs, or people actually getting hyped up over this bs.
  4. Ooooo any chance I could get the low down in a PM?
  5. I don't think he was comparing prices though. He was giving price increases. Not explicitly as percentages, but he gave price ranges so that we could easily compute the price % increases ourselves.
  6. I’m confused as to who’s side you’re on with this post ?‍♂️
  7. A few decades?! In a few decades probably even XRP will have been replaced by something better. No way in hell is BTC going to be be #1 for more than 2-3 years, let alone a few decades.
  8. I just played the game and thought it was pretty fun actually. I didn't use any XRP and just used the site coins. Managed to get about 1.5M of the site coins and then lost it all
  9. BiffTannen

    Hello

    part of the reason it went to a private club is because people were complaining to mods about dumb stuff
  10. dammmnnnnnnnn also @karlos or somebody should change the post title since Kraken was not hacked.
  11. "You put $60,000 into XRP and it's worth $500 now?!!! We're getting a divorce"
  12. This is from IRS Notice 2014-21. As a taxpayer we are holding crypto as a capital asset, which would yield capital gains/losses.
  13. I'm not too sure but I think at this point the IRS would probably consider any crypto as "substantially identical", which would mean the loss is still disallowed. What you would be able to do is take the loss and add it to your cost basis though. This will give you a tax benefit for when you do sell at a profit.
  14. Assuming that crypto is treated the same as securities in regards to taxes, this would be considered a wash sale and you would get no benefit from the loss. i believe you would have to wait 30 days to repurchase in order to benefit from the loss.
  15. I’m confused as to what you’re saying here. Flintstone summarized your post as buy and hold. I’m not seeing where he said anything about not buying and holding at .60 and less
  16. wait are you saying you actually sold and its not hypothetical for you? if so, damnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn. These random huge increases are exactly why I never tried to sell and increase my stack.
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