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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1331

post #13301 of 22837
Quote:
Originally Posted by Minusorange View Post

Anyone else following this story ?

Current BTC/USD price $122

Where are you getting this from? buy as many as you can! It is down according to coinbase, but still at 570
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post #13302 of 22837
Quote:
Originally Posted by stl drifter View Post

hokies , what is your opinion on this card as a miner or do you have prefer a different one.

http://www.newegg.com/Product/Product.aspx?Item=N82E16814202026

I'd suggest going to PCPartsPicker.com
and going to graphic card and clicking on 7950/7970/280x.
Find a card that is not a reference series, and that is actually in stock.

Also, I would always suggest looking at NCIX.com before Newegg or Amazon (NCIX is both US or Canada)
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post #13303 of 22837
Quote:
Originally Posted by Skye12977 View Post

Quote:
Originally Posted by stl drifter View Post

hokies , what is your opinion on this card as a miner or do you have prefer a different one.

http://www.newegg.com/Product/Product.aspx?Item=N82E16814202026

I'd suggest going to PCPartsPicker.com
and going to graphic card and clicking on 7950/7970/280x.
Find a card that is not a reference series, and that is actually in stock.

Also, I would always suggest looking at NCIX.com before Newegg or Amazon (NCIX is both US or Canada)

They have a few 280x cards for under 400. That aint bad!
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post #13304 of 22837
Quote:
Originally Posted by inedenimadam View Post

Where are you getting this from? buy as many as you can! It is down according to coinbase, but still at 570

It's Mt.Gox. Last:$122.00 High:$276.24 Low:$120.61.

You still can't withdraw from them so BTC there is tanking and effecting overall BTC prices.
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post #13305 of 22837
Quote:
Originally Posted by inedenimadam View Post

Where are you getting this from? buy as many as you can! It is down according to coinbase, but still at 570

I'm following the trader chat in Mcxnow, quite a few articles on the Gox issue now, if what they say is true then don't buy from mtGox due to potential bankruptcy BUT there's also the chance Gox is trying to crash the market in order to reap the benefits of cheap BTC
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post #13306 of 22837
I wish Gox would just die already.
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post #13307 of 22837
Quote:
Originally Posted by Minusorange View Post

I'm following the trader chat in Mcxnow, quite a few articles on the Gox issue now, if what they say is true then don't buy from mtGox due to potential bankruptcy BUT there's also the chance Gox is trying to crash the market in order to reap the benefits of cheap BTC

It's not just them. There speculators buying ppl's "Rights" to there BTC stuck in Mt.Gox. So it's like the wild wild west atm over there.
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post #13308 of 22837
Quote:
Originally Posted by Krusher33 View Post

I wish Gox would just die already.

Second that its making the whole market look bad and it they disappeared BTC would go up again and stabilize.. bitstamp is down to 580 today probably poartly due to Gox.. check BTC would be at $800 still if it wasnt for Gox..
post #13309 of 22837
Quote:
Originally Posted by Vinnces View Post

More like 50% lol. Profits from short tern sales, meaning you held the stock for less then a year, gets taxed at 50%....

As long as nothing gets reported to the IRS they won't know what you earned or loss. If exchanges do start reporting you will get a form 1099-B.
Ehh....short term capital gains are based on your income bracket. It's nowhere near 50% unless you made more than $409k, then it's almost 40%. Long term gains are 15% generally.
 
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post #13310 of 22837
Quote:
Originally Posted by Angrybutcher View Post

Ehh....short term capital gains are based on your income bracket. It's nowhere near 50% unless you made more than $409k, then it's almost 40%. Long term gains are 15% generally.

Hmm, your right. I probably remember something wrong lol. Was helping a friend with his pile of 1099-B and remembering 50% poping up.

Edit: It's not totally Mt.Gox fault but it's the way that they are handling it that's turning it into more then what it was suppose to be.
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