The law in the US is a bit fucked up, but basically bitcoin is treated like an equity, such as a stock, for tax purposes.
You don't pay taxes until you sell BTC for fiat currency, or trade it for hard assets, like lambos and mansions.
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Update from our friend, Masterluc: https://vk.com/bitcoin_vangaRough Translation: Do you want to ask if this is the end? The Spirits tell me that the end is far away. Test 10k. Pokolbasitsya (?) near this round mark IMHO. It appears he thinks the short-term bottom is in...and $100K by next year confirmed. Your friend didn't expected that bicash will rise 400% and sold earlier, I somehow doubt in his analysis Because he didn't anticipate, or just didn't care about, a pump of an extremely centralized shitcoin, you want to impugn his Bitcoin analytical skills. Makes perfect sense.
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Update from our friend, Masterluc: https://vk.com/bitcoin_vangaRough Translation: Do you want to ask if this is the end? The Spirits tell me that the end is far away. Test 10k. Pokolbasitsya (?) near this round mark IMHO. It appears he thinks the short-term bottom is in...and $100K by next year confirmed.
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This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
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Over $200, ladies and gents.
Sweet!
Now for new heights.....
Cheers!
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BTC is trading at $11,800 on the Korean exchanges now.
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We might see $11,000 tonight. The Koreans are waking up.
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I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"
It's funny - I've gotten a few texts and emails today asking if I still have bitcoin, have I been following the price, etc. None of them hold bitcoin, but all bought ETH earlier this year, despite my advice to put it into BTC instead...
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This is it. We're well into uncharted territory now.
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This is exactly what I was expecting to happen right before the whole thing unwinds and crashes to zero. The signals are all there. Get out while you still can.
Bwhahaha. Just when I thought this thread couldn't get any better!
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Lets have a history recap. Did you guys know that if you started mining with a Radeon 5970 on the day that a GPU miner was released for Bitcoin ( Oct 2010), when difficulty was around 1000. You would of made 800 BTC per day. In November 2010 you would of made 266 BTC per day In December 2010 you would of made 80 BTC per day. I started in May or June 2011 with some Radeon 5850s. Ahhh...those were the days Whatīs this american thing, bigger is better ? I think, itīs enough to have a handfull. Itīs sexier.
I think it has to do with bottle feeding. Could be. I was breast fed, and I'm a butt man.
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I love seeing 10K, but I'm already dreading the dip.
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If I wanted to run two secure nodes, would I be able to run them on two different AWS instances (and would I still get paid for both)?
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Bcash is pumping. Brace yourselves for battle...
Edit: Not as fast as I thought. Good! I hope Bitcoin holds...
VerWu can't let BTC outgrow their baby too much. They may still be big fish now, but when institutional investors really get onboard, VerWu will be minnows in the ocean.
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I'll probably just leave the poll for now. I could add more options, but that would screw with the final results.
wow you are the one that started this thread back in 2013...you must be a billionaire by now lol I'm neither the thread starter, nor a billionaire. I'll probably just leave the poll for now. I could add more options, but that would screw with the final results.
Fair enough, I wasn't complaining - just wondering what the next one might be. Maybe a year end price? Keep up the thankless but noble work, eh? It is appreciated! Thanks buddy. That will probably be the next poll.
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I'll probably just leave the poll for now. I could add more options, but that would screw with the final results.
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BCH is much more centralized,
Exactly in what manner do you assert that BCH is more centralized? (Presumably with respect to BTC?) BCH is controlled by Roger Ver, Jihan Wu, Calvin Ayre, and Craig Wright - its code, mining, nodes, marketing - everything. Regardless, the mining centralization is easy to prove.
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