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Goldman Backed Circle buys Poloniex
02-26-2018, 10:01 PM #1
Gumby AKA Chtumby
Posts:1,747 Threads:236 Joined:Mar 2013
Shit just got REAL ! Crypto is about to go more Mainstream than it already is.

This is actually real good news for Traders because now that Coinbase will have some competition trading fees will have to come down.

Quote:LONDON/NEW YORK, Feb 26 (Reuters) - Goldman Sachs-backed cryptocurrency startup Circle has acquired digital token exchange Poloniex, Circle said on Monday, as it aims to cement its position as one of the leading players in the booming market.

Neither of the Boston-based companies disclosed the value of the deal that gives Circle control of a marketplace it said sometimes has daily volumes of more than $2 billion, with around 70 different digital currencies and tokens traded.

Fortune magazine said the deal was worth $400 million, citing a person familiar with the matter.

http://www.kitco.com/news/2018-02-26/UPD...oniex.html

Im doing very well with mine. Since June 2017 with ZERO money invested I have cashed out 7K and am back up to 4K.


Don’t waste your time online, invest it with steemit.com
02-26-2018, 10:48 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,350 Threads:1,497 Joined:Feb 2011
cheers.gif What a trip Gumby!

7k ain't bad at all... wow.

wonder.gif

02-27-2018, 12:24 AM #3
Gumby AKA Chtumby
Posts:1,747 Threads:236 Joined:Mar 2013
[Image: C1DC4EF2-0D79-49EB-BD15-B18FDCA31DB3.jpeg]


Don’t waste your time online, invest it with steemit.com
02-27-2018, 12:27 AM #4
Gumby AKA Chtumby
Posts:1,747 Threads:236 Joined:Mar 2013
(02-26-2018, 10:48 PM)JayRodney Wrote:  cheers.gif What a trip Gumby!

7k ain't bad at all... wow.

Yeah not at all, and thats just for posting my Artwork. Most of it was just collecting dust in folders. People with Blogging and Photography skills are doing real well over there.

chuckle.gif


Don’t waste your time online, invest it with steemit.com
02-27-2018, 01:28 PM #5
Stiggy Member
Posts:411 Threads:37 Joined:Apr 2016
wave.gif Hey Gumby!
Not sure if you saw this but Coinbase told 13,000 users their data will be sent to the IRS soon https://www.theverge.com/2018/2/26/17055...ourt-order
02-27-2018, 09:20 PM #6
Gumby AKA Chtumby
Posts:1,747 Threads:236 Joined:Mar 2013
(02-27-2018, 01:28 PM)Stiggy Wrote:  wave.gif  Hey Gumby!
Not sure if you saw this but Coinbase told 13,000 users their data will be sent to the IRS soon https://www.theverge.com/2018/2/26/17055...ourt-order

Yeah I don't mind paying the Tax on it. We pay tax on everything else. This year when I filed I claimed it under Capital Gains, it wasn't enough to raise or lower my taxes. I been taking a Screengrab of every Transaction I make just in case I do get caught up in the overlap though.

Also the STEEM (altcoin) I'm dealing with, Im Earning for posting, not Buying it. So Im keep the best records as I can because, Earning Crypto hasn't been addressed yet as far as taxes. Not that I could find anyway.


Don’t waste your time online, invest it with steemit.com



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