GHCoins45
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November 30, 2017, 08:32:46 PM |
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Hehe, yeah the younger generations are not even interested in using Facebook, saying that it's "for old people". So FB will have a serious longevity problem. On another note, looks to me like Ver decided to dump all his remaining BCash for his other pet project Dash. oh, so he is into dash too, I was wondering why dash is the only one in green
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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BTCMILLIONAIRE
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November 30, 2017, 08:54:06 PM |
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The video on that article... lol Do people actually eat that shit up or are these two really just that clueless? Granted it was very brief, but their arguments are just completely incoherent to say the least.
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pabx
Newbie
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Activity: 4
Merit: 0
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November 30, 2017, 08:57:54 PM |
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Monthly RSI at 94,1% today.
RSI has been higher on monthly only 3 times in BTC history:
* January to February 2013 - 95 to 96,8% max. * November 2013 - 96,5% max. * August 2017 - 94,5% max.
Each and very time after the RSI peaking a correction started. In the very best case it was a 40% correction.
Interesting view ft. The first 2013 spike was in April right? Looking at the weekly RSI the peaks for both spikes in 2013 were in the 90s. Interesting that the second 2013 spike was at the same time of the year and basically one zero short of this one. Of note is the long slow retraction to the $400 mark and the 3 years almost exactly to return to the high of early December 2013. I noticed you mentioned a while back that you saw 7300 as a ceiling for November. Has the the recent activity changed your view or strengthened it? Looking at the 3 month channel 7100 looks to be on the cards but that is not adjusted for the last month's change in trajectory. If this is looking bearish medium term $4500 doesn't look out of range based on a 3 month channel from 3 months ago... thoughts? I take it the rate of new accounts at the exchanges has tapered off now too right?
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lightfoot
Legendary
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Activity: 3080
Merit: 2222
I fix broken miners. And make holes in teeth :-)
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November 30, 2017, 08:58:03 PM |
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Hardly. Just pay taxes.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 30, 2017, 08:58:10 PM |
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The Dow has crossed 24,000 for the first time. Up 1.39% overnight. We are in stock market bubble territory. Lots of hot money washing around which needs a home.
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TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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November 30, 2017, 09:08:15 PM |
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"Wall Street" people trying to trade bitcoin.
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thisisntbic
Member
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Activity: 61
Merit: 47
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November 30, 2017, 09:09:00 PM Last edit: November 30, 2017, 09:30:04 PM by thisisntbic |
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All coinbase users are F*'d up.
I think you mean the roughly 14,000 users: "with at least the equivalent of $20,000 in any one transaction type (buy, sell, send, or receive) in any one year during the 2013-2015 period. do[es] not include users: (a) who only bought and held bitcoin during the 2013-15 period; or (b) for which Coinbase filed Forms 1099-K during the 2013-15 period" I believe this was posted earlier, but if not, here is a copy of the Narrowed Summons to Coinbase https://www.scribd.com/document/365893210/US-v-Coinbase-order?irgwc=1&content=10079&campaign=Skimbit%2C%20Ltd.&ad_group=66960X1514734Xfb366f45a06c38b3049ba2d8889f39ea&keyword=ft750noi&source=impactradius&medium=affiliate#from_embedEdit:URL and grammar
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BTCMILLIONAIRE
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November 30, 2017, 09:09:21 PM |
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All coinbase users that didn't pay taxes on gains after selling their BTC or trading alts are F*'d up.
FTFY. Or do you have to pay taxes on a yearly base regardless of whether or not you've liquidated your assets in the US?
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BitcoinBunny
Legendary
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Activity: 1414
Merit: 2378
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November 30, 2017, 09:10:46 PM |
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 30, 2017, 09:13:57 PM |
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All coinbase users that didn't pay taxes on gains are F*'d up.
FTFY. I wonder might be on Santa’s naughty list? Maybe Roger Ver and Charlie Shrem?
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BTCMILLIONAIRE
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November 30, 2017, 09:19:05 PM |
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All coinbase users that didn't pay taxes on gains after selling their BTC or trading alts are F*'d up.
FTFY. Or do you have to pay taxes on a yearly base regardless of whether or not you've liquidated your assets in the US? Good question, actually. Don't have an answer for you :| To my understanding, there is only a tax obligation upon any realized profit or loss, but what do I know. I know that is the case in (at least some parts of) Europe and Canada. I haven't checked the US in detail yet as most states have far too high capital gains taxes for my taste... Would appreciate it if somebody could clarify this though, as I've been looking for a new place to move to in the near future and some parts of the US were actually on the list.
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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November 30, 2017, 09:19:30 PM |
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Are closed altcoin profits in btc a realized gain? That wouldn't be fair because if I hold them indefinitely they will inevitably be worth 0 and uncle Sam isn't going to reimburse me.
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BTCMILLIONAIRE
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November 30, 2017, 09:27:17 PM |
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Are closed altcoin profits in btc a realized gain? That wouldn't be fair because if I hold them indefinitely they will inevitably be worth 0 and uncle Sam isn't going to reimburse me.
If you trade any of your cryptos for crypto, fiat, or even goods, you're creating a taxable event on which you get a tax break in the case of losses and a tax bill in the case of gains. Doesn't really matter if it's Bitcoin, an altcoins or any other asset. Apparently there are like-kind exchanges in the US which allow tax deferals, but I'm not at all familiar with how those work. If you could just flip BTCs and alts and defer taxes indefinitely that would be a pretty major thing.
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pfrtlpfmpf
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November 30, 2017, 09:28:26 PM |
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I find the look of that woman (specifically, her face) ugly as hell!
Perhaps her eyes could be placed even further away from each other as a solution I think it's her lips. Too fleshy/fat. I wonder if they are natural of man-made. Looks freaky and abnormal to me. Another poster mentioned it too earlier. The rest of her body is OK though. More specifically, she looks bitchy.
Precisely! --- Back to the topic, I think it's a good thing that we had that correction. It felt good to me. It's like breathing in and out. Has to be done every once in a while or the thing dies. Also, the drop is not as deep as in a big bubble bursting. It's holding now around 8000 € ($9500), which is a spectacular performance. Considering it was under 1000 € at the start of the year, we're talking about an 8x rise! I guess we've all become used to choo-choos, rockets and moons, and we don't like it when the beast breathes out, but the fact is that BTC has had a stellar performance this year, much better than 2016. So HoDL back and enjoy the ride... To me, my girlfriend looks just about right. After 30+ years, and a little aged, i want to kiss her all over her body, well, maybe not her feet In case you´re wondering: No, we don´t believe in marriage. We could walk away anytime. Off Topic, i know, but it was it worth !
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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November 30, 2017, 09:30:39 PM |
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Are closed altcoin profits in btc a realized gain? That wouldn't be fair because if I hold them indefinitely they will inevitably be worth 0 and uncle Sam isn't going to reimburse me.
If you trade any of your cryptos for crypto, fiat, or even goods, you're creating a taxable event on which you get a tax break in the case of losses and a tax bill in the case of gains. Doesn't really matter if it's Bitcoin, an altcoins or any other asset. Apparently there are like-kind exchanges in the US which allow tax deferals, but I'm not at all familiar with how those work. If you could just flip BTCs and alts and defer taxes indefinitely that would be a pretty major thing. If only I could trade in an ira.
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pera
Sr. Member
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Activity: 532
Merit: 261
バカ
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November 30, 2017, 09:35:57 PM |
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Are closed altcoin profits in btc a realized gain? That wouldn't be fair because if I hold them indefinitely they will inevitably be worth 0 and uncle Sam isn't going to reimburse me.
If you trade any of your cryptos for crypto, fiat, or even goods, you're creating a taxable event on which you get a tax break in the case of losses [...] Wait, are you sure about this? so if my commodities depreciate I get to pay less taxes? I'm completely ignorant about US tax law
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infofront (OP)
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Activity: 2618
Merit: 2755
Shitcoin Minimalist
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November 30, 2017, 09:44:01 PM |
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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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BTCMILLIONAIRE
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November 30, 2017, 09:46:32 PM |
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Are closed altcoin profits in btc a realized gain? That wouldn't be fair because if I hold them indefinitely they will inevitably be worth 0 and uncle Sam isn't going to reimburse me.
If you trade any of your cryptos for crypto, fiat, or even goods, you're creating a taxable event on which you get a tax break in the case of losses [...] Wait, are you sure about this? so if my commodities depreciate I get to pay less taxes? I'm completely ignorant about US tax law Keep in mind that I am basically ignorant about the US tax code as well. But generally if you close positions at a loss it's benefitial to you from a tax perspective (tax deducible). You could game that too with a sufficiently diversified portfolio by kicking out your losers and thus keeping more of your (realized) profits. It's not lucrative enough to specifically target shitty investments though.
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