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Not sure how what I said qualifies as "boundless optimism", but then again, most of the time your posts make no sense.

I disagree. Problems like this always show up first where it matters most: the stock price.

You'll know when IB is going bankrupt when its stock price is less than $1. Til then, the odds of what you are suggesting are extremely low.

My intent was exactly what you stated. I feel like we are speaking different languages. I won't get into why your interpretation of my words is incorrect, but I agree with what you have been saying.

http://www.tradelogsoftware.com/resources/wash-sales/ The most important parts are in "How to Avoid Wash Sales" and "Advice for Active Traders" near the end of the page. My point was that as long as you get flat for 31 days across the year boundary, then regardless of how your broker reports...

Isn't that exactly what I said?

Getting flat for 31 days does not technically avoid the wash sale, but if you do it across a year boundary (i.e., December to January), then you can effectively ignore the wash sale for tax calculations.

Nice trade, although probably not pleasant to sit through.

So did anyone take you up on your offer, or are you still short in the high $50s now? Would it have been better for you if someone had taken your offer or not?

You choose which one you want, fixed or tiered: https://www.interactivebrokers.com/en/index.php?f=1590 You might be able to just look at the examples to see which category is better for you. It was not obvious to me which was better for my style of trading so I wrote a program to analyze past...

Also, he mentions in his first post: implying that trading was a possibility. I realize later he talks about buy and hold, but it is easy to say you are going to hodl, but harder in practice due to bitcoin's volatility. If he wants to have the option of trading it, then a derivative makes sense.

What if you lose your paperwallet? Stranger things have been known to happen.

I think I would rather pull off my toenails than listen to those beeps while trading. Kudos to you for being able to put up with it.

IB used to eat that fee and then one day they started passing it on. Many years ago now.

I'm with you John9999. I understand bitcoin MrMuppet but my preference also would be to trade a derivative of a cryptocurrency and not the cryptocurrency itself. The odds of a regulated exchange blowing up are infinitesimal compared to a cryptocurrency exchange getting hacked. And you must take...

I agree with you, but then you must plan for market events like this: https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html

If only US corporations shared your attitude.

I'm glad I could make you smile :sneaky:

You see my point now. You are the resident bitcoin zealot on EliteTrader yet you are willing to sacrifice your certain future profits (when bitcoin rises to $10k, or maybe $50k, or maybe $100k and beyond) on a physical house. Hypocritical.

You have no idea if I have invested in bitcoin or not so stop spouting about what you know nothing about. I'm picking apart your inconsistencies. You are a bitcoin zealot and yet you are buying a house with it. Won't bitcoin appreciate more than that house? What, you don't believe? Aren't you an...