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Afternoon express: Trade your high BTC for low ETH

...
Clear Pocket Flask
  12/15/17
for serious?
swashbuckling giraffe
  12/15/17
Yea only way to lose is if BTC soars to new highs or ETH plu...
Clear Pocket Flask
  12/15/17
Lol Not sure crypto is known for its stability
Hideous Marketing Idea
  12/15/17
Upside is bigger than the downside...Either gain a quick 5% ...
Clear Pocket Flask
  12/15/17
All aboard...leaving the station
Clear Pocket Flask
  12/15/17
You are the conductor of the loot train
ruby patrolman
  12/15/17
The movement out of BTC and into ETH counts for double the p...
Clear Pocket Flask
  12/15/17
Why profit just once when ETH goes from 675-750..when you co...
Clear Pocket Flask
  12/15/17
...
diverse private investor turdskin
  12/15/17
Sold: +6% BTC on the afternoon ETH express
Clear Pocket Flask
  12/15/17
Everytime you do this, you have to pay taxes correct? Ask...
Ivory startling stage
  12/15/17
I could be wrong, but I don't think so...I'm transferring BT...
Clear Pocket Flask
  12/15/17
Of course. If you're following the actual tax rules, constan...
Slate stage striped hyena
  12/15/17
What transactions is Coinbase reporting to the IRS? Seems li...
Clear Pocket Flask
  12/15/17
Maybe. But how would the IRS know what someone does on bittr...
ruby patrolman
  12/15/17
Right..Binance is based in China
Clear Pocket Flask
  12/16/17
This is a taxable event, hope you're not using KYC on Binanc...
Fighting school
  12/15/17
Is anyone? I think all they request is an email.
Chocolate razzle lay
  12/16/17


Poast new message in this thread



Reply Favorite

Date: December 15th, 2017 4:33 PM
Author: Clear Pocket Flask



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



Reply Favorite

Date: December 15th, 2017 4:52 PM
Author: swashbuckling giraffe

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: Clear Pocket Flask

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: Hideous Marketing Idea

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: Clear Pocket Flask

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: Clear Pocket Flask

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: ruby patrolman

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: Clear Pocket Flask

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: Clear Pocket Flask

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: diverse private investor turdskin



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



Reply Favorite

Date: December 15th, 2017 8:46 PM
Author: Clear Pocket Flask

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: Ivory startling stage

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: Clear Pocket Flask

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: Slate stage striped hyena

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: Clear Pocket Flask

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: ruby patrolman

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: Clear Pocket Flask

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: Fighting school

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: Chocolate razzle lay

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

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