Crypto Currencies ~ " Duck Tales Spin From The Crypt"

Do you still have to pay taxes even though it's smaller amounts being put into your bank account?
What's the process on paying taxes on claimed money from this? Is there a form or do you have to contact someone?

 

I believe it can take a few days to actually show in the wallet

 

If you did it from your bank account, it will take a couple days for the bitcoin to show up in your wallet.

I bought about $400 last week and it showed up in my wallet this week.

 

I hope! I am a bit bothered by the fact that it doesn't even show a "pending" purchase or anything. I just had me complete the purchase, said it went through, and the wallet says balance of 0. It should at LEAST have a pending balance so we don't wonder WTF. Especially since the website said it would be an instant purchase since I used a credit/debit card.

 

Most people are reporting much slower response times recently.

Also, free $10 won't show up unless you spend $100 after fees =)

 

It will show pending on transactions, but won't show anything on your wallet for a few days while the ACH transfer goes through.

 

ok, now I see what happened. The credit card shows the authorization request, and approval for the hold, but refused to transfer the money, so the order was canceled. Now I gotta figure out how to get cash into my crypto account without getting canceled.

 

Call your bank and they can authorize it I believe.

 

I have a buddy who hates on crypto and his question is always "what will you do when an EMP hits and we lose power?".... Um, all of society would be fcked, your bank accounts would be offline anyway, cash would eventually be worthless, and people cant do shit with precious metals. Stupid argument

 

I bought Litecoin on coinbase and when I receive I will exchange to IOTA

 

IOTA is a good coin. However, it's up 900% in one month, gains are soon to stall or crash imo.

 

It's actually not a stupid argument. An emp could take down the digital world (temporarily). hard cash would not be worthless, but atm and credit cards would be worthless. same thing would apply during a bank holiday.

 

maybe I'll wait until it falls but I am looking into what @Shiki Shabazz had said about it doubling by early 2018

 

If a EMP hit, currency as we know it would be worthless. We'd go back trading chickens for cows.

 

Chicken and Ammo man...

 

an emp would only be temporary.

so how many chickens and cows you have ready to be sold? probably 0.

hard cash would be not worthless. quite the opposite, cash would be in demand.

 

Edit: staying on topic

 

I'm not talking about 401k. As I said, digital world, such as atm machines and credit cards, and yes you can add 401k trades, would be suspended during an emp.

edit: crypto exchanges would also be suspended during an emp

 

in staying on topic, this discussion still applies as it is a risk to crypto world.