I know there are many threads about this but no clear answers or agreements, so I have started a poll.
Also, could someone tell us exactly on what date/time the assets are counted?
Edit: This is for the United States. Also, this is assuming you're going to be completely honest. This is not about "what if I claim I lost my private keys" etc.
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it seems clear that everyone and her brother are short-term bearish (hence has already sold everything not nailed down) and long-term bullish (hence has nailed everything left down twice, and then bolted it and welded the door shut). i am finding it increasingly difficult to imagine who, then, is left to sell anything? the guy loaded bought his doges from?
Perhaps bitcoin is bigger than this forum and the people calling the shots are not posting their book here. In fact I thought that the going theory was that bitcoin was being accumulated by corporations now. If people say that the bitcoin is run by corporations but then they also say forum posters control the price and forum poster's sentiment can be used to reverse-determine the price, then that is a conflict and one must be false. Either A) Bitcoin price is controlled by corporations and people outside this forum, in which we cannot predict the price using forum sentiment. or B) The price is still in fact controlled by forum posters, and everything else has been an illusion. In this case, the price does not belong at this level to begin with.
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I think if we can't even hold the price anymore WITH the Chinese manipulation then things are looking pretty bad. I mean imagine what happens when china has bad news again.
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Stare at charts all day piecing together useless TA and tinfoil hat conspiracy theories while accomplishing absolutely nothing.
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I think loaded is right. I've been trying to analyze the bitcoin TA and all I can see is this: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F5pglFtR.jpg&t=663&c=hlUJzRldxjjm7Q)
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So when you guys sell or advise selling, what does that mean? 50% btc? 25% btc? 10%? Or full retard?
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Wha.... what are you guys talking about? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fstatic4.wikia.nocookie.net%2F__cb20100126221553%2Ft__%2Fthomasthetrain%2Fimages%2F2%2F2a%2F100px-EdwardSad.jpg&t=663&c=x7cLqZdna7QeeQ)
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Dude I just checked bitcoinity and this guy is right. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FycTUl1d.png&t=663&c=PbdBVBKbe2-vpA)
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He's right. There's going to be a final capitulation. But not yet. We have to see $900 first.
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If it plays out like in May then this weak trend has one more leg up and then the next pennant fails leading into final capitulation.
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The real potential of bitcoin comes when we expand into space, cultivate alien planets, and implement bitcoin on their networks. If we estimate the GDP of the entire galaxy in USD as 8.2 * 10^20 USD, then the value of each bitcoin would be $39,047,619,047,619.04
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Don't try to figure out what Loaded meant. Just stay away from trading today. On a side note, I don't think he is into accumulating coins from us here, as we are small fish (most of us at least). When he starts trading, BELIEVE ME, we will know about it...
Do you mean like those 10K whale buys on gox that we haven't seen in... forever?
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Wouldn't be a bullish indicator if people are no longer on loan? That means no panic, margin calls, etc and there are people waiting to get back on loan. More buying power. When there were all the loans, that was bearish. Btc was artificially overbought. Think about it.
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"choo choo" "last chance for the train" etc
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We all knew when to buy in April when suddenly 5 buy orders for 4000btc-7000btc each popped up on the mtgox order book into the gigantic selloff. The orders might be smaller now since there are more exchanges but you get the idea.
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If I withdraw btc into cold storage, and they are just in the cloud, then there are no assets in any account in my name. In that case, does the government still consider the btc to belong to me, and that I hold any assets? Also, does the government yet consider Btc a thing or a legitimate asset/currency? Does the gov give btc a value? Where does the value come from?
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FxAN2LA1.png&t=663&c=soF_wu6zEk417g) Some bug on 1m and 3m charts Anyway this was the perfect opportunity to sell a bunch of btc on bitfinex at 730 and rebuy the same amount on btce at 700. With all the usd on bitfinex now I have a lot of power to margin trade if there is a crash.
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I have had it with the trollbox... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F1F8nGHV.png&t=663&c=hmVXHxzyxMBYzg)
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Do bitcoin profits count for taxes if you only have usd on an exchange but haven't withdrawn?
Yes. But without that USD entering your bank account, how will IRS know? Question is, will you report each trade? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Hell, BTC-E doesn't even require dox..... (ahem, I mean, pay your taxes......) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This is pretty tricky because I've sent lots of coin between exchanges and arbitraged btc and alt coins. So I'll try telling my accountant "I bought some btc at btce and sent it to mcxnow where I traded worldcoin. Then I bought litecoin and sent to cryptsy where I bought ppc and sent it back to btce. I now have a portfolio of usd, btc, ltc, ftc, and xpm which have weekly fluctations inbetween some value and no value."
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