realr0ach
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 07:07:08 PM |
|
The butthurt of the Bitcoin Maximalist Supremacist Monopolists is in direct proportion to the cognitive dissonance they suffer from watching their analytical frameworks fail to be validated with predictive power.
No cryptocurrency is exempt from the Ted Kaczynski rule. They will all be subsidizing some type of enslavement in the end. In fact, monero might do it the complete opposite way. An anonymous currency (if it actually manages to stay anonymous) would cause the state to collapse from inability to collect taxes, or enough taxes to prevent being taken over by it's more collectivist, imperial neighbor. An anonymous currency is simply mandating libertarianism, and libertarianism doesn't actually exist, it's just a power vacuum that is filled by a strong man. So unless Monero took over the entire globe and caused every govt to collapse simultaneously, it just selectively weakens different ones, then allows the others to move in and take them. This is also the basis of the protocols of the elders of Zion. You purposely try to get nations to adopt libertarianism to make them weak and easy to take over.
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 07:09:00 PM |
|
I have so many accounts on so many exchanges I have lost a couple of Eth and have no idea where they are.
The other day, I re-discovered the fact that I have a wallet at blockchain.info. It even had a couple BTC in it. Score!
|
|
|
|
bones261
Legendary
Offline
Activity: 1806
Merit: 1828
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 07:10:27 PM |
|
Just learned that you can cash out from Conbase at 2.5% using paypal
Why? Cashing out of GDAX is freekin' _free_. I use it from time to time since I can then transfer the funds from Paypal to my bank, instantly, for .25 cents and it shows up as being from Paypal rather than Coinbase at the bank. My funds are usually available within minutes rather than a business day or two. I'm not sure what my bank's policy is regarding Bitcoin transactions, they haven't given me any trouble, so far. However, I don't want to push the envelope too far.
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 07:31:31 PM |
|
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 07:36:28 PM |
|
Went for fluffypony's domination tweets, couldn't find them. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) I'm guessing the word "fungible" was applied liberally directly to the tweetstorm. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) all it was was https://twitter.com/fluffypony/status/955062049100521473also: https://twitter.com/WeathermanIam/status/955122131859394562@WeathermanIam 3h3 hours ago Replying to @WeathermanIam @giacomozucco and The PR firm that put together this campaign for @rogerkver and co is very good at this. They identify personas and then the “influencers” that can hit them. Then they work with those influencers to develop viable narratives. @DanielKrawisz @bitstein and @pierre_rochard #bought
|
|
|
|
Enjel
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 70
Merit: 21
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 07:43:41 PM |
|
Crypto taxes are unenforceable, period. Anyone who is bending over backwards to try to do taxes should just stop and do the easy thing.
I recently just realized that Cryptopia not only allows you to withdraw coins while remaining totally anonymous (I know that Bittrex holds your coins until you verify identity), but also I think they delete your transaction history past 24 hours or something (I can't find my transaction history, which probably has tens of thousands of transactions, if not more).
What's to stop someone from just sending coins to some random/new fiat account, then cashing out? What are they going to do? Go through all of the stuff, when it's not even incriminating or suspicious? Knowing the US government, I doubt that they wouldn't try, but it's just not practical, especially with the inefficient bureaucracy.
Not recommending breaking the law if you can avoid it, but if you started trading a month ago even, it's practically impossible to pay correct taxes, especially with this new tax act.
|
|
|
|
Enjel
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 70
Merit: 21
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 07:44:42 PM |
|
Bottom line, any tax problems with crypto are the government's own doing to itself to try to exploit people.
They have no power except for intimidation - if you can do taxes, then do them, but if you can't, well too bad.
|
|
|
|
Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 07:53:53 PM |
|
Crypto taxes are unenforceable, period. Anyone who is bending over backwards to try to do taxes should just stop and do the easy thing.
I recently just realized that Cryptopia not only allows you to withdraw coins while remaining totally anonymous (I know that Bittrex holds your coins until you verify identity), but also I think they delete your transaction history past 24 hours or something (I can't find my transaction history, which probably has tens of thousands of transactions, if not more).
What's to stop someone from just sending coins to some random/new fiat account, then cashing out? What are they going to do? Go through all of the stuff, when it's not even incriminating or suspicious? Knowing the US government, I doubt that they wouldn't try, but it's just not practical, especially with the inefficient bureaucracy.
Not recommending breaking the law if you can avoid it, but if you started trading a month ago even, it's practically impossible to pay correct taxes, especially with this new tax act.
tough to do...in 2013 my bank sic'd the SEC on me because all BTC is EVIL.....I crushed them with my CPA tax forms and such...the SEC guy on the speaker phone was like why am I here? So that die is cast...so since then I have the CPA and I do the best I can figuring out taxes..though..tossing chicken entrails on the floor and using voodoo to get the right figures for the IRS will likely be as good. Just do what you can...show your work (many folders with calcs) and my CPA says....if I can explain it...it likely will work because most CPA's and any audit are clueless...thus even by hand figures on capital gains and such I can justify with my trusty folder of calcs is likely fine but yeah, it could be UNENFORCEABLE...If you never increase your lifestyle......I mean I've heard of folk getting caught because of a 30k car they bought with cash and could not show where the $$$ came from thus, I'm legal as hell, CPA the works...when the IRS comes snooping around again (like SEC) I will just point to the speedboat and the trophy girlfriend and say sorry, guys......I can justify my new found lavish (if dumb) lifestyle but for me ...never was tempted to go dark...this little sea turtle was caught before he could get off the beach! ( I miss BTC being evil for a whole couple of weeks in 2013...I'd go to my bank..and it was like John Dillinger had an account there.....as close to desperado as I will ever be...needless to say, I changed banks soon after.....)
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3822
Merit: 10788
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:02:31 PM |
|
IF you all hold - why btc dominance is 35% not 70%? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) It is not new people - it is all you snip [no one cares] it's jamie dimon and his ilk faking newbs like you out. shut up and read the thread Yep I've read this thread - 99% of people here hailed btc will be now 25-30k ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) and we are 12k hardly. All TA say it will drop HARD. Logic say it WILL DROP. FUTURES say it WILL drop. Are you bilioners that you know it will go up? Just tell me why it should go up - because last year it went up? LOL thats great ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Look on SALE WALLS on GDAX - hundreds of BTC - and buying? Nearly none, volume? - LOL no volume at all Get the fuck out of here with your negative Nancy bullshit, and if you are referring to volume, there has been an increase in BTC trade volume for more than half of a year and ongoing. Look at the weekly charts. The trade volume is not lessening, and the BTC price battle is ongoing. Sure, we have had up and we have had down. We have had mostly up, but only recently (in the past month) consolidation in a largely $10k to $20k territory and gravitating into the lower end of that range. So fucking what? O.k.. It is possible that there will be another test of support at $10k and it is possible that support will be broken - but such test is not certain and the results of such test is not certain either. You boys and girl better be pee pared for both up and down because if you are only betting one way, you have a 50% chance of getting screwed, and if you are betting that BTC is dead, or dying or some alt is going to take over then your chances of getting screwed a whole hell of a lot greater because the odds of UP after this consolidation period are good. Therefore good to be accumulating some BTC and not selling too many too soon.
|
|
|
|
yefi
Legendary
Offline
Activity: 2842
Merit: 1511
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:04:16 PM |
|
It sounds like a useful service. But at what price? What might they be doing with the data other than crunching it for your benefit? Don't forget the universal maxim - if a service is free, then you're not the customer, you're the product.
The service isn't free, you have to pay $30 per year for less than 10K transactions and $100 for over. Not saying they won't still monetise the data though.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3822
Merit: 10788
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:16:37 PM |
|
As I see it - whales do money if it is dipping, and if it is going up ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) There is no exchange with my fiat that I could win in daytrade. I bought btc back but I see it will dip for sure - but at my exchanges there is so low volume and bot manipulation that even If i sell and buy back at night when it will be low - still I wont be + And no one here have shown me any good reason/evidence that Hodling = winning If you holdl from january 2013, you make about a 1000x in 5 years. This is a good reason/evidence. So you want to say that Bitcoin will never drop? Please in whole history of stock - find me company or anything that never ever dropped? Please Sorry but I am not rich - no one gave me anything. Right now I will try on 0.175btc and HODL not looking on the price. If it goes up for uptrend I buy more. If it goes down - oh well that wasn't so much. Maybe you have just described why you are such a fucking loser? You are too scared, you lack confidence in bitcoin and it looks like you engage in the opposite practice of what you should be doing. You seem to be buying on the way up and selling on the way down. Instead you should be buying on the way down and selling on the way up.
|
|
|
|
btcbeliever
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 232
Merit: 29
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:19:29 PM |
|
Ugh, I just did my taxes on TurboTax and can't bring myself to hit the send button. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) This sucks. Should I just suck it up, sell 0.2BTC and transfer to my bank and be done with it? I despise giving the US government any more money. Payment isn't due for several months yet. Might be 0.1 BTC or less at that point. #justsayin Or it could be .3 BTC or .5 BTC. I am not going to speculate when it comes to giving Uncle Sam their pound of flesh. I am very small fry, as you can tell about me bitching over a somewhat trivial amount. It sounds like a useful service. But at what price? What might they be doing with the data other than crunching it for your benefit? Don't forget the universal maxim - if a service is free, then you're not the customer, you're the product. If you have over 100 transactions, they charge 20.00. I paid the fee since I had well over 100 transactions and it is a lot easier than me trying to manipulate csv files myself to convert to something I can port over to a tax software program. I'm certainly not going to write by hand all the transactions on a schedule D form. They may be using my information for other purposes, but that's the price to pay for the convenience. you folks, especially if you are 'small fry' should give a careful listen to sherry peel jackson, an ex-IRS criminal investigator: https://www.youtube.com/watch?v=ooHTg6-Y078
|
|
|
|
HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:21:58 PM |
|
Once the exchanges start using lightning to send BTC between them, it’s game over for many altcoins.
Hmm. How often do you suppose exchanges send BTC between each other today? My comment could have been worded better. It’s game over for many altcoins when exchanges allow users to send BTC between exchanges using lightning. BTC is already the reserve currency. Things like Raiblocks will be smashed if lightning is instant and free.
|
|
|
|
HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:33:12 PM |
|
Not a guppy, krill. Whale food.
|
|
|
|
jojo69
Legendary
Offline
Activity: 3276
Merit: 4522
diamond-handed zealot
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:34:51 PM |
|
oooooh, another shot at the bottom
|
|
|
|
rezurect007
Jr. Member
Offline
Activity: 70
Merit: 7
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:35:33 PM |
|
Thanks much @Last of the V8s
|
|
|
|
rezurect007
Jr. Member
Offline
Activity: 70
Merit: 7
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:53:48 PM |
|
A tiny flat top on the bitfinix 1h chart... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FKRXqiNz.png&t=665&c=OURBeotNMMEMxQ) tiny fake wall @14k ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDa8W5dA.png&t=665&c=Fc7rUGknrrdo7A) first red on 6h. RSI overbought. Small dip incoming. Called that dip correctly. 15k to 11.6k. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0cszv2s.png&t=665&c=5i7LtDzT_tGMMw) Fake wall @12.5k Expecting a retest of 10700 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkR0A2yH.png&t=665&c=eXjojWEegAOh5g) 1500 BTC fake wall @ 11k I believe we will go down to retest 10700 in the short term ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FORfUUed.png&t=665&c=tTrd-U8TYP_lRg) Took 3 weeks to test 10900, close enough i guess. Next stop 9k.. Its going to be slow and painful. HODL.Perma bull. Current Price 11.1k Im calling: ~8700 within this week Set buy from 9.5k till 8.5k. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFEnj81k.png&t=665&c=Z3xkaLH3RzMudw)
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3822
Merit: 10788
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:56:20 PM |
|
Maybe you have just described why you are such a fucking loser?
Anyone posting to this thread, coming in here acting all like King Shit of Fuck Mountain, HODLing less than 1 BTC, needs to be summarily laughed out of here. Lord Almighty that guppy needs some perspective. I try to be nice to peeps who do not have much money to invest, and if you do not have a lot of money to invest it can take a long time to build up your BTC allocation and your strategy and sometimes to learn as you go along. So, yeah, you better be fucking humble if you are such a small potato, and you are a relative newbie to this whole scene. On the other hand, if you have more money, then you can take a larger stake, right away, and you are likely more experienced too - but even though it can be risky to take too big of a stake all at once. When I started buying BTC in November 2013, I had a decent amount of money in other investments, but I still took a relatively conservative approach to my BTC investment that ended up taking me nearly a year to establish my initial BTC stake, and to really feel that I had a decent BTC stake (and comfortable for me, personally). However, even by then end of 2014, after I had taken my initial BTC stake I continued to attempt to learn about BTC and to attempt to play around with my BTC strategy in terms of continued DCA accumulation and later BTC trading to protect myself better from downside volatility (while attempting to profit from expected ongoing volatility), yet one of the main differences of already having the feeling of having a sufficient BTC stake, was that after reaching that sufficient stake status, I felt a bit less urgency and anxiety in terms of anything that I did in regards to BTC because I had at least taken care of one portion (establishing a sufficient stake to feel prepared for upside). So, I suppose my "sufficient stake" has always been the HODL portion of my BTC, and the never invest more than you are willing to lose (that i was willing to lose because of the way that i had invested it). That portion of my BTC that have just held are still used as a measure of my overall approach yet the post October 2015 increase in value of that HODL portion has also allowed for more risk taking from me in other regards.
|
|
|
|
|
jojo69
Legendary
Offline
Activity: 3276
Merit: 4522
diamond-handed zealot
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2018, 08:58:56 PM |
|
|
|
|
|
|