Someone from the BCash camp gave Rick Falkvinge the green light to write it and put it out there.
Ha. Haha. Hahahahahahhhaaaaaahhaahahaha. delusional.
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tax ... I just need to gather up all of the things I spent bitcoins on in the past few years and calculate things out.
o.O I don't think that's the intended procedure.
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I expect that if he does not pay or start to pay those of us that lost the most (and everyone else) within a few months we will get together, pool our resourses and go after him.
I say hell with the 'few months'. If a shovel ready initiative is floated, I'm likely to jump on board. At this point, I might be molliified by an actual open audit by a capable trustworthy party into his operation. As I posted elsewhere, I am still open to the possibility that BST was at least initially a good-faith business attempt. I can live with a failed biz. But all anyone has heard from him since is a lot of self-serving passive-aggressive bullshit -- at least heard publicly. A person in his claimed position (i.e. failed biz) should be bending over backwards to provide his creditors with information. But if this was a scam from the outset, I would expect that any initiative in which I was involved would prosecute him to the extent that any other felon who stole x USD worth of private property would. Jbear jbreher, when will you learn 'Twas an expensive lesson indeed. Over 1300 BTC principal, over 4000 if 'profits' are included. And it wasn't the last. Lost another big chunk in the GLBSE implosion. Fortunately, by the time of the (last) Goxxing, I had wised up some. Only lost $16 USD and 0 BTC in that fiasco. And nothing since. Good thing I didn't have all my eggs in one basket, hunh? Though I am a bit puzzled as to what you expect me to 'learn' in regards to the above. Shavers has been convicted. And while it took longer than I feel is truly justice, the remainder of his life will be damaged due to the consequences of his actions. So what is the lesson I am supposed to learn, smartypants?
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My 2 cents about owners moving this to cloudfare and people complaining with"heavy words" I wish admin would up donate button and lets see how many complainers would donate, i bet none of them, they would probably just use different complain "he is greedy"
I am pissed on people who complained and not at all on owner
Before you go all white knight on theymos' behalf, you might want to read up on the astonishing sums of Bitcoins that have already been donated to him for improvements to the website that nobody seems to have seen.
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![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? I what way can a clear statement by Adam Back -- CEO of Blockstream -- be construed as "Bcash shilling"? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? I don’t intend to debate you while you play dumb. I'm not playing dumb. But you are sounding dumb. Are you accusing Adam Back of being a shill for Bitcoin Cash? Or are you just bereft of a meaningful response? If you want to be a Bcash bag holder, I will happily take your money like I did from the S2X kids.
Haha. To the victor goes the spoils. I'm way ahead on the BCH so far. Good luck, sucka!
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We'll conveniently ignore that one ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . What did i miss? What is a "Bitcoin Tab"? Ignore it. It’s just Bcash shilling. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? I what way can a clear statement by Adam Back -- CEO of Blockstream -- be construed as "Bcash shilling"? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?
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who sold at the bottom ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? Looks like the bottom is not in yet. $10,751.00 on GDAX. Right at the cusp of my next buy. Oops - $10,680. Hit that buy. Time to sell it back at a profit... But will it drop to my next buy first? mybitcoinsareonlyworthwhattheywereyesterday.png Well, I sold at a profit of 0.0233 BTC before hitting my next buy. Reenter a buy at a higher price...
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Nope. Too tasteful ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Actually, anything by the Finns is good with me. Haha. Never realized Pete Davidson had a career before SNL. Check out 2:40. OK, but the doppelgangerness is uncanny. I bought their True Colors album (first one to hit here in the US) sound unheard, 'cause of the trippy laser-etched rainbow-hued geometric patterns in the vinyl disc. Was a fortuitous find. Was performing 'I Got You' in seedy bars before it became a radio tune.
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who sold at the bottom ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? Looks like the bottom is not in yet. $10,751.00 on GDAX. Right at the cusp of my next buy. Oops - $10,680. Hit that buy. Time to sell it back at a profit... But will it drop to my next buy first? mybitcoinsareonlyworthwhattheywereyesterday.png
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Am i right that they just dumped $5 Million just now?
Umm.. who's 'they'? can't the exchange say "sorry once you've sold your bitcoins we're not allowing you to buy back because we think you are spamming"
The exchange probably could. In their terms of service or somesuch. But you seem confused over the exchange's source of revenue.
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Most provocative statement therein: As JPM explains, "high trading volumes or market cap does not mean that the net flow directed into cryptocurrencies has been equally big."
Here is the bank's punchline: "The net flow into cryptocurrencies is very much a function of coin creation which is controlled by computer algorithms and in the case of bitcoin is diminishing over time. Figure 6 shows the net amount of money invested every year since 2009. The cumulative amount has totaled around $6bn since 2009, well below the current market cap of $300bn." I get that the market cap is not a measure of the sum total of fiat spent to purchase Bitcoin. But $6B? That low? Seems off by an order of magnitude to me, but I'm just pulling a feeling outta my ass. I also get that this figure is courtesy of JPM themselves. Anyone know of an independent source for this statistic?
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A splendid good morning ladies and genitalmen of Bitcoinland.
Genitalmen? Perhaps continuing the theme in some manner: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FGgPGQC1.jpg&t=663&c=KZUcNqoN9Bd1nw) Who knew?
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I bet there are many new people going into crypto (mostly with small amounts I admit)
The BCT Bitcoin Discussion one day page count index is indicating new large influx.
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As a side note, eventually your bitcoin wealth becomes so great, that you can't not continue to hold it. Unless you really enjoy giving half your bitcoin net worth to the tax authorities. Which anyone who is self-made or builds wealth will tell you is idiotic.
Hm. If the Capital gains tax rate is 20% then no matter what the profit the tax will still only be 20% of it. C Yeah, I was exaggerating a little. But even 20% sux. Just giving the govt money that they didn't risk anything for, didn't earn and don't deserve to steal from you. "You didn't build that" - B Obama
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Time machine this. The halvening is only 3 years away. How many of us will still be hodling their current stash?
I'll still be holding most of it. Maybe even more than I have today, depending upon the intervening volatility. I still hold the vast majority of what I had in 2011. Well, except that which I lost to scams.
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I don't care who ya are... That there's funny.
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I'll dig through my post history, and find the clearest to day exposition of the process. Just for you. Well, you and everyone else reading. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) OK, I found the post. It is a skeleton which assumes some previous knowledge, but provides the basics for those interested. https://bitcointalk.org/index.php?topic=178336.msg22405941#msg22405941Interestingly, I needed to link to a post directly before my post of interest. I still see the post, but am unable to link to it. More overzealous moderation? Someone erasing my previous history? I dunno. In case I am shadowbanned - JJG - here is your response that quotes the most salient portion: https://bitcointalk.org/index.php?topic=178336.msg22411843#msg22411843
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Actually, I agree with you, but the owner of a smaller level of assets frequently wants to catch up and gets anxious and then starts to make BIG ASS mistakes..
Probably the most important point in your response. Perhaps the most important part of having a strategy, is that you have a mechanism for dealing with both market boredom (price in a tiny range for days on end) and market terror (to the point where your brain has a hard time catching up with the level of change). The strategy is methodical. It will never yield results as good as the uber-trader who somehow 'knows' what point the lows are, and 'knows' what point the highs are. But it will always be positive. ( I really fee that uber-trader is just lucky, and everyone's luck runs out some time). I'll dig through my post history, and find the clearest to day exposition of the process. Just for you. Well, you and everyone else reading. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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