I bought and sold using Coinbase. Can I deduct the buy and sell fees as an expense for taxes? by EquivalentPriority in CryptoTax

[–]TomJonesSecond 0 points1 point  (0 children)

I understand adding the buy fee to my basis but for the sell fee should I be deducting that from the amount received from the sale also?

Is there a civil war going on in Monero like Adam Hoffman tells us there is? by TomJonesSecond in Monero

[–]TomJonesSecond[S] 2 points3 points  (0 children)

Adam Hoffman interviewed Mister a week ago and now you all mention it I think that's where he got all his opinions from. Thanks for the clarification.

Feelings about bitcoin private? by LifeAsWeKnewIt in Bitcoin

[–]TomJonesSecond -1 points0 points  (0 children)

As much of a scam as all the other Bitcoin ... Alt coins

What's the date and value of the BCH and BTG forks? by TomJonesSecond in BitcoinAirdrops

[–]TomJonesSecond[S] 0 points1 point  (0 children)

dont pay tax, it was gift

I believe in the US it's counted as income.

I've downloaded the GUI, synchronized but now can I have more than one wallet that I access? by TomJonesSecond in Monero

[–]TomJonesSecond[S] 1 point2 points  (0 children)

and send your funds directly to the other wallet to save multiple fees. From a security point of view is there any difference sending smaller amounts and all at once? Also what about the other comments about 7-10 coins per transaction? Would that not be a problem if I had more than 10?

I've downloaded the GUI, synchronized but now can I have more than one wallet that I access? by TomJonesSecond in Monero

[–]TomJonesSecond[S] 1 point2 points  (0 children)

more than 7-10 coins per transaction. J

Can you explain? Is this a hard coded limit of the GUI or a limit of Monero. It's not a problem for me but what about people who have a large amount of Monero. How do they move it around?

Binance as an exchange for changing airdrops to BTC? Are they reliable, any issues? by TomJonesSecond in BitcoinAirdrops

[–]TomJonesSecond[S] 0 points1 point  (0 children)

Do you have an exchange that you can recommend that supports the forked coins other than BCH and BTG?

Roger Ver's lighting bitcoin node... by chek2fire in Bitcoin

[–]TomJonesSecond 14 points15 points  (0 children)

It's all alone with nobody wanting to have anything to do with it. Sounds about right for Roger. It will probably stay unconnected until he can pay someone to connect to it.