Originally Posted by BWillie:
How are they picking users? I assume it is just those who cashed out a certain amount to their bank accounts during that time?
The IRS requested a list of Coinbase users who made transactions over $20,000 [Reply]
I sold my etherium about a month and a half ago and regretted it for a week but it was clearly a good move seeing what the prices are doing now. Made a nice profit too. Crypto is just way too volatile and even if it spiked, I can just wait that out and buy on the next crash if I wanted back in. Posted via Mobile Device [Reply]
Originally Posted by Taco John:
This is the most sure plan I know of for becoming a millionaire today in cryptocurrency.
Step 1. Invest $20k into XRP
Step 2. Forget about it until 2021/22
Step 3. Enjoy your million dollars when it reaches a $4 Trillion dollar market cap. (It will)
I've been buying and selling Litecoin on the highs and lows without adding money and turned 7 LC into 15.something, but right now im in to it at 202 and it's at 164.
Department of Citrus employee arrested when caught mining for cryptocurrency, agents say
— A Department of Citrus employee was arrested after he used state computers to produce virtual currency for himself, according to the Florida Department of Law Enforcement.
Matthew McDermott, 51, of Davenport was the information technology manager for the Florida Department of Citrus, the agency that oversees the state’s citrus industry.
According to FDLE agents, he used several computers in the Department of Citrus to mine for virtual currency, which include bitcoin and litecoin.
"A mining pool, or team, is used to solve mathematical equations in an effort to mine the virtual currency and win a reward," the FDLE said. "The pool combines its resources to help offset costs."
Mining for cryptocurrency requires extensive computing power. Utility bills for the department jumped by more than 40 percent between October 2017 and January 2017, at a cost of about $825, according to the inspector general for the citrus agency.
Mt Gox attorney selling off funds is causing the dip. Once that can get liquidated I expect 10k again easy. We'll see 20k bitcoin again someday, I almost guarantee it [Reply]
Originally Posted by BWillie:
Mt Gox attorney selling off funds is causing the dip. Once that can get liquidated I expect 10k again easy. We'll see 20k bitcoin again someday, I almost guarantee it
1 person selling causes a 10k drop? Posted via Mobile Device [Reply]