TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 05, 2017, 03:57:25 AM |
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I calculate mine as zero/negative because of how much I have cashed out. Is that correct?
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jojo69
Legendary
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Activity: 3626
Merit: 5300
diamond-handed zealot
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December 05, 2017, 04:20:29 AM |
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Is that correct?
They don't fucking know. These obsolete nation states have no idea what they are doing. If you want to use the money in the system soon, make up some plausible stab at accounting and pay something. It's going to be hard for them to really come down on you if you tried because the rules aren't ready yet. If you don't need the money right away, sit on that paper wallet and don't say a god dammed thing. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 05, 2017, 04:51:21 AM |
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The majority of my gains this year were realized by trading on exchanges (esp altcoins) which probably report to the gov. Im screwed.
If youre just hodling a paper wallet and havent sold you dont owe anything...
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 05, 2017, 05:10:45 AM |
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how is your dogecoin doing?
Looks like it's breaking out. |
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JayJuanGee
Legendary
 Online
Activity: 4438
Merit: 14368
Self-Custody is a right. Say no to "non-custodial"
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December 05, 2017, 05:13:21 AM |
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Hahahahahahaha... I don't see what is so obvious about shorting - and seems like some shorters are (unwittingly) preparing to get r3kt.... |
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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December 05, 2017, 05:33:37 AM |
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The majority of my gains this year were realized by trading on exchanges (esp altcoins) which probably report to the gov. Im screwed.
If youre just hodling a paper wallet and havent sold you dont owe anything...
Maybe Tera you were trading those assets in your capacity as trustee for the family trust. Suggest you get a good tax accountant. If the Trump Family and the Clinton Family can have a foundation, so can you. |
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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December 05, 2017, 05:48:10 AM |
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$130 spread between Gdax and BFX.
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bitserve
Legendary
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Activity: 2072
Merit: 1772
Self made HODLER ✓
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December 05, 2017, 05:51:26 AM |
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The majority of my gains this year were realized by trading on exchanges (esp altcoins) which probably report to the gov. Im screwed.
If youre just hodling a paper wallet and havent sold you dont owe anything...
Maybe Tera you were trading those assets in your capacity as trustee for the family trust. Suggest you get a good tax accountant. If the Trump Family and the Clinton Family can have a foundation, so can you. It would have greatly helped to have that trust/foundation/whatever created BEFORE doing those trades with assets that do NOT belong to an entity that DOESN'T even exist yet. Just saying....  |
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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December 05, 2017, 05:58:30 AM
Last edit: December 05, 2017, 06:25:40 AM by HairyMaclairy |
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Maybe today is a good time for us all to start tax planning before badger gets really serious.
Edit: in a highly unusual move, I just took my own advice.
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flynn
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December 05, 2017, 06:09:57 AM |
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This TA figure is called a looping. Bullish |
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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December 05, 2017, 06:44:26 AM |
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Bitflyer to start taking on US customers. Might be worth a look.
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Elwar
Legendary
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Activity: 3584
Merit: 2386
Viva Ut Vivas
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December 05, 2017, 06:52:19 AM |
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Maybe today is a good time for us all to start tax planning before badger gets really serious.
Edit: in a highly unusual move, I just took my own advice.
I spoke to a tax accountant that specializes in expat and bitcoins. She quoted me a $50k fee to do my taxes going back a few years to ensure full compliance. Half of the fee was for "research". I didn't feel like I needed to pay $25k to have my accountant do some google searches. As with most things, it will be better to do things on my own. I just need to gather up all of the things I spent bitcoins on in the past few years and calculate things out. Might be tedious work but best to get it over with. Pay ISIS some money (through the US govt) and move on to doing things smarter next year. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 05, 2017, 07:18:42 AM |
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Meanwhile GBTC at $18,250
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Elwar
Legendary
Offline
Activity: 3584
Merit: 2386
Viva Ut Vivas
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December 05, 2017, 07:26:04 AM |
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Meanwhile GBTC at $18,250
Is GBTC, Bitcoin Gold? Please say yes. |
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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December 05, 2017, 07:34:49 AM |
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Meanwhile GBTC at $18,250
Whoah whoah whoah you get 0.09 BTC per share of GBTC. That’s fucking broken. Oh my god please tell me my math is wrong. That’s an implied value of something like $200k BTC. |
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milkshock100
Member
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Activity: 242
Merit: 14
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December 05, 2017, 07:36:47 AM |
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Nearly an ath
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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December 05, 2017, 07:38:19 AM |
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WAKE UP BADGER YOU LAZY FUCK
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jojo69
Legendary
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Activity: 3626
Merit: 5300
diamond-handed zealot
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December 05, 2017, 07:39:23 AM |
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Maybe today is a good time for us all to start tax planning before badger gets really serious.
Edit: in a highly unusual move, I just took my own advice.
I spoke to a tax accountant that specializes in expat and bitcoins. She quoted me a $50k fee to do my taxes going back a few years to ensure full compliance. Half of the fee was for "research". I didn't feel like I needed to pay $25k to have my accountant do some google searches. As with most things, it will be better to do things on my own. I just need to gather up all of the things I spent bitcoins on in the past few years and calculate things out. Might be tedious work but best to get it over with. Pay ISIS some money (through the US govt) and move on to doing things smarter next year. As of about 5 years ago the going rate for fabrication of a financial past to move the wealth of Humboldt marijuana cultivators into the system economy was only $10K. That is for a fully forged history of economic activity. Tell this lady to pound sand. |
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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December 05, 2017, 07:48:27 AM |
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Meanwhile GBTC at $18,250
Whoah whoah whoah you get 0.09 BTC per share of GBTC. That’s fucking broken. Oh my god please tell me my math is wrong. That’s an implied value of something like $200k BTC. No I already did the adjustment. |
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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December 05, 2017, 07:57:50 AM |
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Meanwhile GBTC at $18,250
Whoah whoah whoah you get 0.09 BTC per share of GBTC. That’s fucking broken. Oh my god please tell me my math is wrong. That’s an implied value of something like $200k BTC. No I already did the adjustment. Thank goodness for that. You gave me a heart attack. |
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