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AEMINAL posted:Just used bitcoin I can do this with cash at the local corner store and not have to wait on shipping, so now what, bitchcoiners? ...God, I live in a rough neighborhood. 
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Jul 29, 2023 06:43
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I assume that when BBBYQ shares are cancelled the bbbaggies realize the loss for tax purposes whether they want to or not, though I am not a tax specialist. Also they may not want to take advantage of the savings even if they can because in their broken-rear end minds it would be giving up and betraying Cohen
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Jul 29, 2023 12:15
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DAD LOST MY IPOD posted:I assume that when BBBYQ shares are cancelled the bbbaggies realize the loss for tax purposes whether they want to or not, though I am not a tax specialist. Also they may not want to take advantage of the savings even if they can because in their broken-rear end minds it would be giving up and betraying Cohen
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Jul 29, 2023 14:16
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Sardonik posted:I thought of something darkly funny regarding the BBBY cult today. A lot of them could probably get a pretty solid loss to use for tax purposes against capital gains if they sold now. You can even use a little bit of it each year against ordinary income. The loss can be carried forward until used too. yea this is like the only positive outcome remaining for these people, oof
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Jul 29, 2023 14:40
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kw0134 posted:When it's formally cancelled they'll get the 1099-R form from their broker saying "yo these shares were cancelled, here's the loss for your records" and that's that. Though whether it's claimed or not is a good question though if they're lazy and stuff all their documents into Turbotax it'll do it for them. This is going to be an absolutely amazing day when this finally does happen. I wonder how far we are from it.
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Jul 29, 2023 15:03
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"DO NOT FILE those 1099-R forms! You're going to need to hold on to them for when Ryan Cohen gives us the signal to exchange them for new shares in NuBBBY, and the IRS is trying to steal them from you!"
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Jul 29, 2023 15:12
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Halibut Barn posted:"DO NOT FILE those 1099-R forms! You're going to need to hold on to them for when Ryan Cohen gives us the signal to exchange them for new shares in NuBBBY, and the IRS is trying to steal them from you!" I mean, yes, this is it
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Jul 29, 2023 15:23
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Sardonik posted:This is going to be an absolutely amazing day when this finally does happen. I wonder how far we are from it.
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Jul 29, 2023 15:33
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lol https://twitter.com/GME_BBBY_TEDDY/status/1685263664964661248?t=J2EE0Z5i2gMlwavu7fZR8g&s=19
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Jul 30, 2023 00:08
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Impossibly Perfect Sphere posted:lol "Cohencidence" 
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Jul 30, 2023 00:12
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kw0134 posted:When it's formally cancelled they'll get the 1099-R form from their broker saying "yo these shares were cancelled, here's the loss for your records" and that's that. Though whether it's claimed or not is a good question though if they're lazy and stuff all their documents into Turbotax it'll do it for them. 1099-R is for retirement account withdrawals. I don't know what form they would get in this case. I DO know that having a company you own shares of go bankrupt is basically like giving your brokerage account herpes. You can't make it disappear from your account until the whole bankruptcy process or whatever is done. I worked at a retail brokerage until a few years ago and talked to a few different people who were still stuck with shares of enron.
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Jul 30, 2023 00:46
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bertolt rekt posted:1099-R is for retirement account withdrawals. I don't know what form they would get in this case.
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Jul 30, 2023 01:36
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Impossibly Perfect Sphere posted:lol Already deleted? Windows+Shift+S is an easy screenshot tool btw
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Jul 30, 2023 01:55
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Mercury_Storm posted:Already deleted? Windows+Shift+S is an easy screenshot tool btw how ironic it was some guy going on about how ryan cohen, elox mucx, and some other third guy had all deleted a tweet on the same day, and obviously this means something, a "Cohencidence" if you will but what does him then deleting his tweet mean???
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Jul 30, 2023 03:01
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Boxturret posted:how ironic the illuminati got him
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Jul 30, 2023 03:15
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How could I have lost 165k, I only used my crypto for "business transactions" and "a couple of trusted crypto casinos" 
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Jul 30, 2023 04:19
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All the mentions of a "hard wallet" as if that means literally anything. It's just a digital version of the key written down in various ways, there's no such thing as a hard wallet or cold wallet or vault wallet or secure wallet or anything like that
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Jul 30, 2023 04:30
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Not sure I follow what happened to that guy. Got a deposit that was instantly swiped? Dunno if I would understand even if it would be made plain.
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Jul 30, 2023 05:11
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SettingSun posted:Not sure I follow what happened to that guy. Got a deposit that was instantly swiped? Dunno if I would understand even if it would be made plain. OP says they generated the wallet with a seed phrase (that they only ever wrote down in a journal they keep in a safe), so it's possible that an attacker was brute-forcing seed phrases, found one that was keyed to an active wallet, and just waited for an influx. Elysiume fucked around with this message at 05:28 on Jul 30, 2023 |
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Jul 30, 2023 05:21
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SettingSun posted:Not sure I follow what happened to that guy. Got a deposit that was instantly swiped? Dunno if I would understand even if it would be made plain. That's the neat part, no one in the thread seems to know what happened either. In crypto, sometimes your money just vanishes and you never find out why. One theory that some commenters think is plausible is that a friend of his snuck into his house, broke into his safe, and copied down his private key. The OP says this can't be since he only has one friend who has ever come to his house.
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Jul 30, 2023 05:23
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probably could have even been a bot, just programmed to take everything when there's enough to be taken. Just think, you could go for years, saving every little fragment of bitcoin you can, and then one day a bot just takes it all because your wallet got compromised years ago and you didn't know. Isn't bitcoin wonderful?
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Jul 30, 2023 05:23
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CrypticFox posted:That's the neat part, no one in the thread seems to know what happened either. In crypto, sometimes your money just vanishes and you never find out why. One theory that some commenters think is plausible is that a friend of his snuck into his house, broke into his safe, and copied down his private key. The OP says this can't be since he only has one friend who has ever come to his house. If at any point they used some service to set up anything to do with their wallet the keys could have been kept, there's no way of telling until its too late. Even if you do everything yourself some of the guides are incorrect and lead you to setting up an unsecure wallet, like Andreas Anotopolous' mastering bitcoin book. There's also trojans that specialise in stealing bitcoins, they can even tell if you copy a bitcoin address and swap it out for another one. I remember back when Fallout 4 came out suddenly there were a lot of reports of people losing their bitcoins, and it turned out that a torrent of the game had a bitcoin stealer in it :) Boxturret fucked around with this message at 05:31 on Jul 30, 2023 |
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Jul 30, 2023 05:26
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This is all indicative of a healthy and normal banking system right?
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Jul 30, 2023 14:34
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Sentient Data posted:All the mentions of a "hard wallet" as if that means literally anything. It's just a digital version of the key written down in various ways, there's no such thing as a hard wallet or cold wallet or vault wallet or secure wallet or anything like that A wallet that is a physical device means that the key isn't in memory on your computer so even if your computer is compromised via malware it can't get your key. They typically also require some physical interaction to sign anything sent to them. Of course you're now trusting the manufacturer of the hardware to implement everything securely. Elysiume posted:OP says they generated the wallet with a seed phrase (that they only ever wrote down in a journal they keep in a safe), so it's possible that an attacker was brute-forcing seed phrases, found one that was keyed to an active wallet, and just waited for an influx. This is extraordinarily unlikely. You can do it yourself on keys.lol or with about thirty seconds of scripting but you need some insane luck. There are about 240M addresses that have ever been active (no idea how many of these are now empty) and the search space is 2¹⁶⁰ or 2¹³² if you only consider 12 word mnemonics. novamute fucked around with this message at 16:04 on Jul 30, 2023 |
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Jul 30, 2023 15:53
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Elysiume posted:It'd be like if someone stole your debit card and waited until payday to withdraw the money from your paycheck instead of stealing whatever was in your account at the time that they stole your debit card. Bitcoin!
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Jul 30, 2023 18:23
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Aramis posted:Do you count regular distributed databases that engineers convinced upper management are "private blockchains"? 'Cause there's a lot of these. There’s a quote that’s like “they’ve had two decades to come up with a use for block chains that isn’t scamming or gambling and they’ve gotten nowhere” I’d argue the truly private coins like Monero represent at least SOME form of utility, but obviously their utility is almost entirely based in criminal behavior so regulators have every incentive to ban them outright.
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Jul 30, 2023 18:34
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https://twitter.com/FoldableHuman/status/1682304530988535812?s=20 https://twitter.com/FoldableHuman/status/1685192639384297473l BBBY apes are going wild rn in r/bbby
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Jul 31, 2023 05:43
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When does the Great Slurping begin? I've got money on this!
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Jul 31, 2023 05:45
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novamute posted:This is extraordinarily unlikely. You can do it yourself on keys.lol or with about thirty seconds of scripting but you need some insane luck. There are about 240M addresses that have ever been active (no idea how many of these are now empty) and the search space is 2¹⁶⁰ or 2¹³² if you only consider 12 word mnemonics.
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Jul 31, 2023 05:56
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90% chance his computer is compromised or he used a compromised utility at some point. Then they just waited for the goose to fatten.
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Jul 31, 2023 06:07
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coolusername posted:https://twitter.com/FoldableHuman/status/1682304530988535812?s=20 
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Jul 31, 2023 06:37
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Ah Crypto, as stable as ever. https://twitter.com/WClementeIII/status/1685996984065208320 4 million percent gain and then rugpull. Even lower now..https://www.tradingview.com/x/jYRQHDp9/ Basically a 1 day luna. notwithoutmyanus fucked around with this message at 14:05 on Jul 31, 2023 |
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Jul 31, 2023 14:02
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notwithoutmyanus posted:Ah Crypto, as stable as ever. yeah but imagine how stupid you'd feel if it hadn't been a scam and they all got rich
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Jul 31, 2023 14:59
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Elysiume posted:Can't you generate the key from a seed phrase? People could pick a bad seed phrase just like they could pick a bad password, but I guess even bad seed phrases are still a large keyspace.
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Jul 31, 2023 15:08
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Is there a running total of how much has been taken from the super obvious seed phrases? I feel like that's the kind of thing that already has a ticker page somewhere
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Jul 31, 2023 15:36
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notwithoutmyanus posted:Ah Crypto, as stable as ever. Are these prices in BTC or ETH or something? Or are people actually operating a market around 4 100ths of a cent?
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Jul 31, 2023 15:55
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Isn't it trivially easy to manipulate your market cap in the crypto space? Just mint a buttload of coins then sell one of them to set the price?
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Jul 31, 2023 16:46
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Serious_Cyclone posted:Are these prices in BTC or ETH or something? Or are people actually operating a market around 4 100ths of a cent? Yes that specifically is in units of WETH which is "wrapped" ETH that has been bridged from the Ethereum network
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Jul 31, 2023 16:52
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Sentient Data posted:Is there a running total of how much has been taken from the super obvious seed phrases? I feel like that's the kind of thing that already has a ticker page somewhere You don't generally pick the words yourself. There is a set list of valid words so you can't really just use a random sentence.
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Jul 31, 2023 16:56
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SettingSun posted:Isn't it trivially easy to manipulate your market cap in the crypto space? Just mint a buttload of coins then sell one of them to set the price? But wherever will you find someone to buy one of the coins? It's not like you can take out a giant loan, buy a coin from yourself for a stupid high price, and then return the loaned amount + $200 in just one transaction 
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Jul 31, 2023 17:38
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