CryptoCoinsInfoClub.com

Invest In Ethereum Reddit 2018

How To Avoid A Surprise Tax Bill From Investments Like Bitcoin

How To Avoid A Surprise Tax Bill From Investments Like Bitcoin

As bitcoins skyrocket to more than $12 000 for one BTC, many central banks as ECB or US Federal Reserve warn of risks of a bubble. The rise and fall of bitcoin during recent months has been eye-popping. The digital asset's price shot from below $1,000 at the beginning of 2017 to over $19,000 in December , before plummeting in early 2018 to close at $8,630.65 on Monday, according to CoinMarketCap.com . But investors who cashed out around the height of the frenzy were left with a big tax bill . Without advance planning, it was an expensive shock to some. In fact, trading cryptocurrencies reportedly left one Reddit user with a $50,000 debt to the IRS, which he says he's unable to pay. "I feel like I might have accidentally ruined my life because I didn't know about the taxes," Reddit user Thoway , who says he earns $47,000 a year as an office assistant, posted March 14 . Thoway says he first got involved with cryptocurrency in the beginning of 2017 and bought eight bitcoin for $7,200. By December of last year, says Thoway, that initial investment soared and he decided to cash out. Since the IRS views cryptocurrency as property not currency that sale triggered a "taxable event," leaving Thoway obligated to pay taxes on the appreciation of his investment. The income tax he owes, "adds up to about $50,000 if I add up state (California) and federal," according to the post. Unfortunately for Thoway, it appears he didn't set aside any money to pay those taxes. In fact, he writes that he then invested his windfall into other cryptocurrencies. "I got caught up in the alt-coins frenzy," he wrote, referring to alternative digital coins like litecoin or ethereum, "and sold most of my bitcoins (about $120k worth) to buy a bunch of different coins." Many cryptocurrencies have since fa Continue reading >>

Neo Versus Ethereum; Which Is The Better Investment In 2018?

Neo Versus Ethereum; Which Is The Better Investment In 2018?

NEO Versus Ethereum; Which is the Better Investment in 2018? Ethereum might be one of the big 3 cryptocurrencies but its days could well be numbered. A lesser known Chinese based cryptocurrency NEO is plotting to take its place. For a long time Ethereum has been considered to be the future of cryptocurrency. Rather than simply seeking to replace Fiat currency, no small feat on its own, Ethereum was designed to act as a revolutionary platform to change the way we do business. As promising as their concept was cracks are beginning to show. For some time now the lesser known Chinese cryptocurrency NEO has been touted as a possible successor to Ethereum, some have even gone so far as to dub it the Ethereum killer or Chinas Ethereum. In order to understand whether NEO or Ethereum are the better investment in 2018 you need to look at what gives each cryptocurrency its value, the underlying technology. Both NEO and Ethereum want to provide a solution Both cryptocurrencies are designed to provide a solution. The difference is that Ethereum is attempting to solve the problems of today while NEO is looking to the problems of the future. The Ethereum platform is largely designed to provide a way for businesses to automate supply chains, more easily conduct transactions and generally utilize smart contracts . NEO on the other hand is aiming to build the smart economy, a lofty goal that they believe requires digital assets, plus a digital identity, combined with smart contracts. Ethereum has already essentially achieved many of its goals. A huge majority of ICOs use Ethereums ERC20 platform and it has achieved the backing of an array of mainstream industry giants. Ethereum has also consistently remained the second largest cryptocurrency by market cap and has seen explosive growth o Continue reading >>

Neo Versus Ethereum: Why Neo Might Be 2018s Strongest Cryptocurrency

Neo Versus Ethereum: Why Neo Might Be 2018s Strongest Cryptocurrency

Former IDF fighter, writer, and blockchain investor NEO versus Ethereum: Why NEO might be 2018s strongest cryptocurrency NEO is a platform with a purpose. Can it compete with Ethereum? Or better yet, does it even need to? NEO and Ethereum which pill will you take? Sorry, couldnt help myself. We care about this debate because were investors. From a developers perspective, functionality is the most important. There is no brand loyalty in blockchain yet. So if a platform can do something better than its competitors, it will win over developers. So which one does it better? This article is long because I have chewed through all the information I could find about NEO and Ethereum and digested it for you. There are lots of articles summarizing the differences between Ethereum and NEO, but they do the debate little justice. They skim over things, dont explore them well, explore only one aspect, or arent holistic in their analysis and dont explain why the differences even matter and what their relevance to the real world is. I was frustrated by the lack of a comprehensive article. This article is my response. I will admit that I explore NEO more in-depth than Ethereum. This is because so much information is widely available for Ethereum. With NEO, there is much less. As such, I focus on explaining NEO and then comparing that explanation to Ethereums capability. So bear with me, grab yourself an espresso and lock yourself in that room you do work in. This will be well worth your time. I also wont blame you if you just read the TLDR Too Lazy, Didnt Read under the articles. If Ethereum is Goliath, Neo is David. If Ethereum is Brad Pitt, NEO is Brad Pitts cousin, Zach Pittyounger, better dressed, and more talented but right now relegated to serving cocktails to Brad and his friend Continue reading >>

Ethereum Price Prediction 2018: Why Should You Keep Watch On The Ethereum In 2018? Should I Buy Ethereum Now? Tue Mar 27

Ethereum Price Prediction 2018: Why Should You Keep Watch On The Ethereum In 2018? Should I Buy Ethereum Now? Tue Mar 27

Ethereum price prediction 2018: Why should you keep watch on the Ethereum in 2018? Should I buy Ethereum now? Tue Mar 27 Why should you keep watch on the Ethereum in 2018? Since the beginning of this year, Ethereum has already increased by at least 15%. Most of the people just focused on Bitcoins as well as ripple. However, this has caused Ethereum to rise this year as well. Many of the people think that Ethereum would be able to cross the previous peaks much sooner as compared to Bitcoin or ripple. Owing to these reasons, it is important to watch out for Ethereum this very year. You need to keep in mind that Ethereum has a very strong fundamental technology which is underlying as well. Owing to this very reason, you have to keep in mind is that you should think about investing in Ethereum at the right levels. Read More: Ethereum Price Forecast: How High Can The Price Of Ethereum Go? 2018, 2019, 2020 You need to keep in mind that Ethereum provides the platform in order to not only execute smart contracts but also provide decentralized the software and applications as well. The demand for decentralized softwares and applications is increasing day by day. This is one of the main reasons why the value of Ethereum is also increasing. SEE ALSO: Cryptocurrency Prices List Live Chart: Ethereum (ETH), Bitcoin (BTC), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Litecoin (LTC), NEM (XEM) - Tue Mar 27 Also, the smart contract feature of the Ethereum platform is on the rise as well. More and more companies, as well as platforms, are thinking of using such smart contracts as well. Even the governmental agencies are thinking of using such smart contracts in order to provide better governance to the citizens as well. Read More: Who accepts Ethereum as payment 2018 (List of compan Continue reading >>

Icocrypto - Active And Upcoming Ico

Icocrypto - Active And Upcoming Ico

Icocrypto is the place to come for discussion of everything related to active and upcoming ICO / Crowdsales. Let's build a Due diligence community. r/icocrypto do not promote any product or company but offer a place to gather public informations. The goal is to build together a due dilligence community. Moderators and the community are not responsible for your personal choices. Informations on this subreddit are not guaranteed. You have to make your own due dilligence and we invite you to seek for complementary informations... and to share those informations with us. We are not selling ICOs, we are discussing ICOs. Treat everyone with a certain level of respect. If you can't play nice with others, you will not be allowed to post here. Be excellent to each other. Be smart. Be your own moderator. Considering assumed or proven conflicts of interests and the generalized vagueness that reigns on ICO rating services/websites, threads created by ICO rating services - or by their sockpuppets - will be considered as spam if they do not provide details of their assessments. r/icocrypto is open to companies for AMA, discussions, feedback and due diligence with the community. But as mentionned above, not open to blatant marketing, duplicates, sockpuppeting or spam. Moderation of this subreddit is time consuming. Please consider support/donation. ETH: 0x33484C2A850Ec8b536aBe3282E54C47e9c35d0bA But do not expect any special treatment, same rules for everyone ;-) Continue reading >>

Ripple Price Prediction Should I Invest In Ripple For The Future 2018 Prediction Xrp

Ripple Price Prediction Should I Invest In Ripple For The Future 2018 Prediction Xrp

In the world and industry of cryptocurrencies, the big names often dominate the news, where in our case Bitcoin and Ethereum dry out the news everyday. But that all depends on how deep and well you research through the market. The just started person probably has heard only of Bitcoin, while the casual observers will likely know Ethereum, and then invested watchers will certainly know a whole lot more. But Ripple, the third incoming of the Top cryptocurrencies down from ETH by market cap, is now emerging on the scene with massive gains and causing excitement among investors. This makes the Ripple price prediction 2018 and investing in Ripple some of the hottest topics in the investment world. When it comes to the Ripple XRP price, the numbers are all rather positive so far, which is why investors are so interested in the cryptocurrency. First, therearethe huge gains that the coin experienced. The Ripple price jumped nearly 4000% in the first half of 2017. Being a penny stock (well, a fraction of a penny at the beginning of its run), this company is obviously subject to the wild swings that you often see in other similarly priced trades in very frothy markets. After all, Bitcoin volatility is famous , and its that type of notoriety that scares away some investors. Its not bitcoin or ethereum: This digital currency rose 3,977% in the first half of 2017 Diving deeper into the numbers, Ripple is currently listed on 30 exchanges. The San Francisco-based startup also claims that there were $11.06 billion worth of XRP transactions in the second quarter of 2017. Butbeyond those promising numbers, the Ripple coin is unique in quite a few other ways. First, the coins parent company owns most of the Ripple coins, and there is no way to mine the coin, unlike in BTC and ETH . Secon Continue reading >>

Bill Gates Calls Cryptocurrency 'super Risky' In Reddit Ama

Bill Gates Calls Cryptocurrency 'super Risky' In Reddit Ama

Bill Gates is not a fan of cryptocurrency. During a recent "Ask Me Anything" session on Reddit , the Microsoft co-founder said that the main feature of cryptocurrencies is the anonymity they provide to buyers, and Gates thinks that can actually be harmful. "The government's ability to find money laundering and tax evasion and terrorist funding is a good thing," he wrote . "Right now, cryptocurrencies are used for buying fentanyl and other drugs, so it is a rare technology that has caused deaths in a fairly direct way." When a Reddit user pointed out that plain cash can also be used for illicit activities, Gates said that crypto stands out because it can be easier to use. "Yes anonymous cash is used for these kinds of things, but you have to be physically present to transfer it, which makes things like kidnapping payments more difficult," he wrote. Gates also warned that the wave of speculation surrounding cryptocurrencies is "super risky for those who go long." The plan for Bill and Melinda Gates' $1.7 billion investment in America's public education system Gates isn't the first big name to speak out against the speculative assets . His close friend Warren Buffett also predicts a disappointing outcome. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending ," the chairman and CEO of Berkshire Hathaway said. "When it happens or how or anything else, I don't know," he added in an interview on CNBC's " Squawk Box " from Omaha, Nebraska. "If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it, but I would never short a dime's worth." Legendary investor Jack Bogle agrees. "Avoid bitcoin like the plague. Did I make myself clear?" said the Vanguard founder in response to an audience ques Continue reading >>

Buffett's Cryptocurrency Predictions Are Scary. Here's How To Cope

Buffett's Cryptocurrency Predictions Are Scary. Here's How To Cope

Here's how to keep calm on the cryptocurrency roller coaster: Bitcoin's volatility is part of what makes it irresistible, said Willemien Kets, associate professor at the University of Oxford's Department of Economics. "We know from social psychology that the best way to get people hooked on something is to give them a reward on a very uncertain time frame," Kets said. Don't fall into the trap. Checking the value of cryptocurrencies constantly is unproductive, Kets said. "You can't do anything about the price movement itself," she said. Instead she recommends people decide on a price point at which they'll sell say, if the asset drops below $10,000 and set their phone to alert them at that threshold. Andrey Rudakov | Bloomberg | Getty Images An attendee wearing a t-shirt decorated with a bitcoin rocket illustration and the words 'To the Moon' checks his smartphone at the CrytoSpace conference in Moscow, Russia, on Friday, Dec. 8, 2017. Jack Tatar, co-author of "Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond," pointed to another reason why constant phone checks are futile. "It's very hard to realize the gains you see on your phone," Tatar said. "These markets are not as liquid as the stocks and bond market. You can check your phone and see you're up to $30,000, but if you wan't to realize that gain, you probably won't be able to do that." That's because it can take days for a cryptocurrency transaction to complete, during which the value can change substantially. Despite his advice, Tatar admitted he, too, can't look away. "My son has tried to tell me to take a few days off," he said. "But I just can't." When people buy and sell in a dizzied cycle, they miss the bigger picture of cryptocurrencies and the blockchain technology on which it's traded, sa Continue reading >>

How To Invest In Cryptocurrencies In 2018 | 0% Fees | Coinlist.me

How To Invest In Cryptocurrencies In 2018 | 0% Fees | Coinlist.me

I personally think we will see 1 trillion USD in cryptocurrencies before the end of 2018. The astronomical gains in 2017 will be x10 x20 in 2018. There are sovereign nations like Russia and Japan will release their own cryptocurrencies, billions will be poured into ICOs, and we will end up with a digital market worth more than the GDP of all but the 15 largest world economies. Bitcoin is well and truly in the public sphere. The average person you speak to on the street has never heard of an altcoin, and I would be more surprised if they are aware of the long term potential of the blockchain. Knowing about cryptocurrencies this early puts you at a massive advantage. Buying Ethereum, IOTA, Ripple, Power Ledger, or Civic now, is as good, if not better, an opportunity as buying Bitcoin in 2011 2013. Heck, buying Bitcoin now is a better opportunity than buying it back then was too. Investing In Cryptocurrency is Investing in the Blockchain The cryptocurrency markets might support and breath live into the blockchain but they also distract from just how monumental this technology is. Assign a fixed amount of gas to ensure determinist contracts dont get stuck in an infinite loop, doesnt have the same ring to it as buy Bitcoin and hold. A blockchain facilitates secure online transactions. A blockchain is a decentralized and distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network. Wikipedia We have built an entire subculture around the money and narrowed peoples perspective of the blockchain. There are hundreds, thousands, and one day millions of cryptocurrencies each with their own unique use case for the blockchain. Bu Continue reading >>

I Just Lost $3,000 Investing In Ripple (and Tron), And It's A Dangerous Feeling

I Just Lost $3,000 Investing In Ripple (and Tron), And It's A Dangerous Feeling

I Just Lost $3,000 Investing In Ripple (And Tron), And It's A Dangerous Feeling I write about video games and technology. Opinions expressed by Forbes Contributors are their own. It turns out I didn't have $3,000 after all. There was a moment, the other week when it felt like I did, and I wrote about it here . I had made the plunge into cryptocurrency after much hemming, a deal of hawing and a couple of agonizing days watching the price fluctuate as Coinbase chugged my USD into ETH. My first bet on Ripple (XRP) paid off handsomely, though not so handsomely as it would have had I been able to buy it when I wanted to. A subsequent bet on Tron (TRX), worked out even better, and for a moment it even seemed like I had been able to staunch the bleed off of a Ripple peak by moving those coins into Tron -- a successful trade from the successful investor, clearly. You can see where this is going. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] Prices collapsed, both across the board but moreso for my coins in particular. The Coinbase coins -- Bitcoin, Ethereum, BitcoinCash and Litecoin -- haven't been hit as hard as the smaller coins, and Ethereum, in particular, is still up overall. But the altcoins are getting hammered, and where there once was money now there is not. Perhaps there never was. The reasons are various: South Korea is considering getting aggressive about regulating cryptocurrencies, and the entire market is suffering as a result. South Korean traders, for a time, seemed to be responsible for the atmospheric rise in Ripple, after all. And then there are the cracks: Ripple is a promising idea for transferring funds, but the reality o Continue reading >>

Ripple Price Forecast: Reddit Comments, Crypto Valuation & Xrp Value

Ripple Price Forecast: Reddit Comments, Crypto Valuation & Xrp Value

Home Cryptocurrency Ripple (XRP) Ripple Price Forecast: Reddit Comments, Crypto Valuation & XRP Value Ripple Price Forecast: Reddit Comments, Crypto Valuation & XRP Value Gaurav S. Iyer, IFC Profit Confidential 2018-01-23T11:58:07Z 2018-01-23 11:58:07 ripple news ripple price prediction ripple prices xrp xrp prices bitcoin ripple price forecast xrp price prediction cryptocurrencies prices My Ripple price prediction of $10 sparked a controversial discussion yesterday. I thought I'd address that kerfuffle in today's Ripple news update, just to set the record straight and clarify any misconceptions. Ripple (XRP) One of my Ripple news updates stirred up controversy on Reddit yesterday. I want to address some of the comments made before returning to our regularly scheduled programming.Reddit user stalker474 started the thread. He seemed surprised at my $10.00 XRP price prediction probably because XRP prices have trended down in recent weeks.A few other users came to my defense, saying that To be fair, he held to his $2 by the end of 2017, both when it was $0.10, and when it was $0.20 in early december. He ended up being right. (Source: " We maintain our $10.00 Ripple price prediction for 2018" This guy doesn't give a F ," Reddit, January 22, 2018.)I appreciate the vote of confidence.But just to clarify matters, my original forecast for 2017 was $1.00. I also predicted that XRP prices would reach $2.00 in 2018. Obviously, those estimates fell short of reality.XRP hit $3.84 in the opening week of January. Since that time, I upgraded my Ripple price prediction to $10.00. And Ive stuck to that forecast despite plunging prices and heightened market panic. Why? Well, in part, because I underestimated the market reaction to Ripple putting 55 billion XRP in an escrow account. And, Continue reading >>

Why You Should Invest In Ethereum After The 2018 Crash

Why You Should Invest In Ethereum After The 2018 Crash

Why You Should Invest In Ethereum After The 2018 Crash If you are following the news, you will be well aware of the cryptocurrency crash that happened just last month, and saw the prices of all major virtual currencies drop significantly. Whilst some experts are predicting that the prices of some might never fully recover, others are saying this could be the best thing that could have happened. One cryptocurrency that has come out on top though is Ethereum , and heres why. Bitcoin has been the ball park so far, and has had a very powerful influence on the market. However, the crash has made Ethereum stand out for a number of reasons. Despite the demise that was happening around them, Ethereum has seen their prices stay in the green. This could be thanks to their partnership with Enterprise Ethereum Alliance whereby Microsoft, Samsung, JP Morgan Chase, Intel and Cisco are among just some of their notable members. Other cryptocurrencies simply cannot match this partnership, and the reputation that Ethereum has built in the corporate world. There are also two upcoming upgrades that have no doubt helped Ethereum. One of the criticisms that Ethereum faced was its scalability . So, in order to evolve, they are working hard to find a solution to this, and have shared a sneak peak of their Ethereum 2.0, which aims to increase its scale to process thousands of transactions in a second. Another problem was the proof of work mechanism for rewarding its miners. However, an alternative to this is the proof of stake mechanism, which the update will switch to. Finally, another reason in which we should be backing Ethereum after the crash it because of its expanding ecosystem. The number of applications that are being built on its platform are just growing each day, and there are more Continue reading >>

7 Cryptocurrencies To Watch In 2018 If Youre On The Hunt For The Next Bitcoin

7 Cryptocurrencies To Watch In 2018 If Youre On The Hunt For The Next Bitcoin

7 cryptocurrencies to watch in 2018 if youre on the hunt for the next bitcoin Analysts pick the bitcoin rivals to read up on now: Litecoin, Monero, Neo, Cardano, Ripple, Iota and Bitcoin Cash MarketWatch photo illustration/iStockphoto Whatever the cynics out there want to call bitcoin, its BTCUSD, -2.03% insane rally continues to befuddle the haters and enrich the crypto faithful. Fear of missing out can have a powerful and dangerous influence on financial decisions. Its playing out in a big way right now as many of those whove missed out on the digital currency craze kick themselves and frantically search for the next bitcoin or something even better. But does that even exist and is it worth the risk to invest? While hes still extremely bullish on what lies ahead for bitcoin, George Tung, co-founder of Cryptos R Us and a veteran of investing in cryptocurrencies, says theres still plenty of upside opportunity in lesser-known coins. Will we see another coin with a market cap exceeding bitcoin? he said. Yes, I believe that is definitely possible within the next three to five years. Related: Bitcoin and cryptocurrency on Twitter: The most important people to follow Hitesh Malviya, the crypto consultant behind ItsBlockchain.com, says that bitcoin is obviously the place to be during bullish explosions like the one were seeing right now, but, in the long run, the big gains in cryptos lie elsewhere. The alts industry is new and it will take at least a few years to become mainstream, he said, adding we can see 10x gains like bitcoin this year, in many alt-coins. Related: Crypto chatter on Reddit is up 930% this year. So... is THIS the top? But with more than 1,300 alt-coins basically any digital currency that isnt bitcoin to choose from, its no easy task uncovering potential w Continue reading >>

Why 2018 Is Ethereums Year. It Will Be The Unchallenged Number 1 By Years End. : Cryptocurrency

Why 2018 Is Ethereums Year. It Will Be The Unchallenged Number 1 By Years End. : Cryptocurrency

I will argue that the most exciting and relevant project in 2018 will be Ethereum. I predict that this is Ethereums year.There are a number of well known milestones upcoming for the protocol itself but I find the milestones in the Ethereum eco-system even more exiting and game changing.Ethereum will become the leading and eventually most talked about network outside the crypto world in 2018. It will also remain relatively unchallenged by upcoming tech like EOS, IOTA, Raiblocks because of the huge lead it has on the newer projects. This might change after 2019. In the coming weeks several major projects that have been in the works since 2015/16 will launch on the Ethereum main net. A lot of them are true game changers like Augur, Melonport and Golem. All of which have huge disruptive potential individually. Augur introduces a whole new concept, a use case that was entirely impossible until now. Melonport has the potential to disrupt the fund industry and make Fidelity as obsolete as your local travel agent. Ethereum currently has 91% market share of all tokens. It might lose some ground on the token front but the vast majority of new projects will still run on Ethereum = further mainstream adoption incoming. Early in the year Ethereum will continue to struggle to keep up with an increasing number of daily transactions especially as more Dapps are launching (already at 1,4 million per day - more than any other network). Major Ethereum network upgrades will remedy that. First the Constantinople Hard fork and hopefully the switch to PoS / Casper will settle TPS issues for the near future. I predict that Casper is launched ahead of schedule (this one is speculation but considering its running on the testnet right now Im calling it) which would certainly be a nice surprise a Continue reading >>

Investing In Cryptocurrency: Do Or Dont?

Investing In Cryptocurrency: Do Or Dont?

Investing in Cryptocurrency: Do or Dont? Questroms Mark Williams on why theyre risky Ripple, Ethereum, and Bitcoin are some of the cryptocurrencies topping the charts. Bitcoin, other cyber-currencies soaring in value Fueled by blockchain, technology permitting decentralized, computerized Theyre a risky investment, warns Questrom School of Business expert Why are people mortgaging homes to buy Bitcoin , the digital currency created in 2009 that skeptics regard as just a bunch of ones and zeroes floating around the internet? Because get-rich-quick dreams are endemic. Bitcoin began 2017 worth $1,000 per coin, but closed the year at more than $19,000. Other so-called cryptocurrenciesdigital currency that is sent and received electronicallyare also soaring in value . Entire nations, notably Russia and Venezuela , say theyll issue their own cryptocurrencies. But South Korea is considering banning trading in the currencies completely, fearing citizens will lose their shirts speculating in cyber-money. The perceived value of one cryptocurrency over another is based on the notion that the holder of the digital currency gains exclusive access to a given type of blockchain technology, says Mark Williams (Questrom93), a Questrom School of Business master lecturer in finance and executive-in-residence. Blockchain uses a volunteer computer network, controlled by no one, to record cyber-currency transactions that while public, link to just an electronic address . Enthusiasts foresee blockchain technology being applied to stocks, bonds, contracts, and other assets. Some speculators view this as a lottery ticket, and if the market adopts your blockchain type, the payday will be astronomical, says Williams. But this has also created an extreme asset bubble. Betting on a particular crypt Continue reading >>

More in ethereum