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This is about go go up up up!
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So, has anyone in here consulted an accountant?
I found one that understands cryptocurrencies but the quote he gave me was $500/hr with a $2k retainer. Seems a bit steep.
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Taking on values that destroy your culture can hardly be called enlightened.
My culture? I am my own culture. I am responsible only for my actions. Any people in the past or future are not me. How does not being a racist affect my culture other than show that I am not intellectually weak and prone to manipulation due to my need to feel like I am part of some collective? A culture of one is just an individual. Doesn't work for social animals. Some people can rise above being animals and be intellectual individuals. I do not blame you, many people are weak and believe they need to be part of something "bigger than themselves" due to low self esteem. It is the rallying cry of those that cannot hack it in the world on their own. You are among the majority. I do not expect most people to have self confidence, but I don't have to listen to their justifications for covering up that fact either. I have my own life to live without wasting my time with those that have yet to come to terms with themselves. Time to ignore racists on here too. |
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Taking on values that destroy your culture can hardly be called enlightened.
My culture? I am my own culture. I am responsible only for my actions. Any people in the past or future are not me. How does not being a racist affect my culture other than show that I am not intellectually weak and prone to manipulation due to my need to feel like I am part of some collective? |
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I tirelessly spend time blocking every racist news source on Facebook only to come to a Bitcoin forum to hear more discussion of race.
Get over it. It is meant to divide you and you are falling for it.
Now I will have to tirelessly ignore people on here to the point where it will be like the beartroll days where my wall will be filled with ignore posts.
Humans are racist. Two day old babies show what we currently call racist tendencies. And guess what? It's a good thing. Preferring your own social group is why we have families and cooperation in general. And the current lack of it is why society and the economy is crumbling down. Two year olds also poop their pants. Some people gain intelligence and become enlightened to the point that they realize that people are individuals with their own thoughts and ideals. |
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I tirelessly spend time blocking every racist news source on Facebook only to come to a Bitcoin forum to hear more discussion of race.
Get over it. It is meant to divide you and you are falling for it.
Now I will have to tirelessly ignore people on here to the point where it will be like the beartroll days where my wall will be filled with ignore posts.
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I'm expecting a drop in the next 24 hours to about $4100, retest support there before we hopefully move on up  Looks like this is what is playing out. On a good note, this was good timing for when I sold some of my B*CH that took almost 24 hours to get to the exchange. |
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^^why is this forum so obsessed with jews? ffs.
Collectivism is an ugly thing. It is a lazy way of putting people into groups in order to deal with them as opposed to seeing them as individuals with their own thoughts and ideals. |
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I would just say...if I were the US, I wouldn't go buying any green bananas.
Well the North American continent doesn't seem to be going anywhere anytime soon. lol The continent will be there but what we currently call the United States as defined by the US Constitution will soon be bankrupt and sold off or taken over by some new regime. Considering the US debt is $20 trillion with over $100 trillion in unfunded laibilities. The interest on that debt is soon climbing from the 6th largest to the 5th largest spending item close behind welfare and soon to be more than military spending, there is not much the US can do. And they have to borrow money to pay the interest. When your country's revenue is mainly going to pay the interest on the loans for things you paid for in the past, no amount of shuffling the chairs or budget proposals or tax changes can put you back on the right track. What happens when the interest on the debt is 90% of the budget? Are people still going to squabble about how much money should go toward food stamps? |
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Greatest country on the fucking planet, It was. Not anymore. Civil war and mass poverty and starvation is coming. My tax plans include planning on living longer than the US exists. Pessimistic about US, optimistic about your life span or both? I would just say...if I were the US, I wouldn't go buying any green bananas. |
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So...if I wanted to take the free cash I got from the fork and short it at full margin on Bitfinex, where would I set my margin to the highest level?
If I understand it correctly, you are planning to short an altcoin? I mean, not only sell, but margin short? I would not do it. Risky business. On the other hand, if you still hold a comparable amount of that altcoin it is safe to short it on margin as a hedge. Worst that could happen is I have no more of the shitcoin. Which puts me where I was 3 weeks ago. I don't see it surviving much longer. Especially since we get another shitcoin in November that will be very similar. |
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So...if I wanted to take the free cash I got from the fork and short it at full margin on Bitfinex, where would I set my margin to the highest level?
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Greatest country on the fucking planet, It was. Not anymore. Civil war and mass poverty and starvation is coming. My tax plans include planning on living longer than the US exists. |
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Personally, I'd just declare any earnings as long term capital gains, pay the 15%, and be done with it.
If you can prove you held longer than a year, sure, but if it has been activity (such as trading), it's short-term capital gains. Further, LT rates depend entirely on tax bracket with those in the highest brackets paying 20%, not 15%. ^Forgot about the 20% tax bracket. Anyway, it would be worth holding an extra year for LT rates. Hell, the value of BTC will probably increase during that time anyway. Yep, if the amount you take out plus your income is over $38k you have to pay 20% on long term capital gains. Assuming you are in the US and a single filer, this is also wrong for the 2017 tax filing year given current law (and even some of the proposed Trump/Republican plans). Even if you are a US citizen outside of the US. Current top of the 15% income tax bracket is $37,950 according to https://www.fool.com/retirement/2016/12/04/your-guide-to-tax-brackets-in-2017.aspxAny earned income above that puts you into the 25% income tax bracket which also puts you in the 20% capital gains bracket. Regardless of whether you are a US citizen inside or outside the US... If we are talking a situation where 100% of your income is from harvesting LONG-TERM capital gains and you're a single filer, then the first $37,950 (after taking the standard deduction or itemizing if you have more than $10,400 in deductions), is taxed at 0%; then anything from $37,951 to $418,400 taxed at 15% and finally, anything $418,401+ taxed at 20%. You're confusing the rates for section 1250 recapture. Ahh yes, you are correct. I was thinking of the 0% rate. |
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Personally, I'd just declare any earnings as long term capital gains, pay the 15%, and be done with it.
If you can prove you held longer than a year, sure, but if it has been activity (such as trading), it's short-term capital gains. Further, LT rates depend entirely on tax bracket with those in the highest brackets paying 20%, not 15%. ^Forgot about the 20% tax bracket. Anyway, it would be worth holding an extra year for LT rates. Hell, the value of BTC will probably increase during that time anyway. Yep, if the amount you take out plus your income is over $38k you have to pay 20% on long term capital gains. Assuming you are in the US and a single filer, this is also wrong for the 2017 tax filing year given current law (and even some of the proposed Trump/Republican plans). Even if you are a US citizen outside of the US. Current top of the 15% income tax bracket is $37,950 according to https://www.fool.com/retirement/2016/12/04/your-guide-to-tax-brackets-in-2017.aspxAny earned income above that puts you into the 25% income tax bracket which also puts you in the 20% capital gains bracket. |
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If I'm not worried about how long it will take for a transaction to go through...what is the minimum sat/b to set the fee?
I see some transactions go through with a fee of .00038400. Will that work for any transaction?
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Personally, I'd just declare any earnings as long term capital gains, pay the 15%, and be done with it.
If you can prove you held longer than a year, sure, but if it has been activity (such as trading), it's short-term capital gains. Further, LT rates depend entirely on tax bracket with those in the highest brackets paying 20%, not 15%. ^Forgot about the 20% tax bracket. Anyway, it would be worth holding an extra year for LT rates. Hell, the value of BTC will probably increase during that time anyway. Yep, if the amount you take out plus your income is over $38k you have to pay 20% on long term capital gains. |
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Margin selling is just a loan, so you are not actually making a capital gain. You are just loaning out your bitcoins.
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Price ticker pics. This one is made to hang on the wall but I wanted it next to the TV and I'm not going to put a hole in the wall in this apartment.  |
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When my account was hacked about a year ago, the hacker immediately went to attempting to make several deals.
Cyprus locked my account within about 12 hours, but the hacker had nearly finalized a few deals (through my account and through my credibility - but was not able to pull it off, because of Cyprus's quick action to lock my account due to "suspicious activities" after the hack. I saw a few messages in my PMs.
Just as a pre-emptive defense of my account being hacked. I do not know any royalty in Africa that need their money transferred out of the country in exchange for your bitcoins. |
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