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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26490790 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
SheHadMANHands
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December 05, 2013, 12:28:06 AM
 #54001

Isn't tax only 15% capital gains after 1 year?

In the US, if you are in the two lowest tax brackets, long-term capital gains are taxed at 0%. That's how you legally avoid paying taxes on your bitcoin cash-outs.

So...

I gotta quit my job to cash out?

Hopefully someday it'll be worth it..

beetcoin
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December 05, 2013, 12:30:17 AM
 #54002

Isn't tax only 15% capital gains after 1 year?

In the US, if you are in the two lowest tax brackets, long-term capital gains are taxed at 0%. That's how you legally avoid paying taxes on your bitcoin cash-outs.

So...

I gotta quit my job to cash out?

it's no longer 15%.. that was changed earlier this year to 20% capital gains if you have income higher than $35k/year.. or $70k/year married.
SheHadMANHands
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December 05, 2013, 12:31:06 AM
 #54003

Isn't tax only 15% capital gains after 1 year?

In the US, if you are in the two lowest tax brackets, long-term capital gains are taxed at 0%. That's how you legally avoid paying taxes on your bitcoin cash-outs.

So...

I gotta quit my job to cash out?

it's no longer 15%.. that was changed earlier this year to 20% capital gains if you have income higher than $35k/year.. or $70k/year married.

ffffffffffffffffffffffffffffffckkkk
SheHadMANHands
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December 05, 2013, 12:33:50 AM
 #54004

Nice buy
NamelessOne
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December 05, 2013, 12:39:23 AM
 #54005

A pathetic 270 to the ATH.  Grin
ElectricMucus
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December 05, 2013, 12:41:43 AM
 #54006

Nice sale
fred1111
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December 05, 2013, 12:48:16 AM
 #54007

The frontpage here is bullish I'd say.
http://www.businessinsider.com/
Vycid
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December 05, 2013, 12:49:48 AM
 #54008

The frontpage here is bullish I'd say.
http://www.businessinsider.com/

Holy crap.

Front page, big picture.

I know I saw the US Senate talking about Bitcoin, but it just hasn't sunk in yet.

Also, "I guess it's a bubble". Nice.
chrsjrcj
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December 05, 2013, 12:52:36 AM
 #54009


Yeah, that article title. And:

Quote
Timothy Connolly CFA @SconsetCapital
Follow
GREENSPAN CALLS BITCOIN A BUBBLE ASSURING ITS RISE TO $10,000

Cheesy
wachtwoord
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December 05, 2013, 12:53:25 AM
 #54010

Let's show the guy a bubble!
Vycid
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December 05, 2013, 12:59:02 AM
 #54011

I'd say we hit the ATH in anywhere from 2-5 hours.
beetcoin
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December 05, 2013, 12:59:56 AM
 #54012

it's a bubble when greenspan says it isn't so  Grin

the guy probably has no bitcoin holdings, so he has no incentive to push it. that's all there is to it.
ElectricMucus
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December 05, 2013, 01:00:03 AM
 #54013

Let's show the guy a bubble!

don't fucking try to create a bubble you idiots.
ChartBuddy
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December 05, 2013, 01:02:19 AM
 #54014

fred1111
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December 05, 2013, 01:03:11 AM
 #54015

Frontpage of bloomberg and many other financial websites also feature this story!
wachtwoord
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December 05, 2013, 01:05:33 AM
 #54016

Let's show the guy a bubble!

don't fucking try to create a bubble you idiots.

But this is Bitcoin. It's bigger on the inside Wink
ElectricMucus
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December 05, 2013, 01:09:13 AM
 #54017

The twitter reactions almost make me smell the blood on the street after the selloff though. I don't think it will be for another two weeks but still.
SheHadMANHands
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December 05, 2013, 01:15:26 AM
 #54018

The twitter reactions almost make me smell the blood on the street after the selloff though. I don't think it will be for another two weeks but still.

Because some 120 yr old said something about technology?  

the_sunship
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December 05, 2013, 01:16:21 AM
 #54019

A really interesting development besides the financial stories, are the people realizing they can get money by showing their QR code.

What makes bitcoin valuable you say? Well, for one thing, you can receive money without sharing any of your personal information. Because of that, you'll have potentially millions of people freely advertizing the "brand" known as Bitcoin.  

Imagine when we start seeing this becoming the profile pics on facebook and youtube (if it hasn't started already)....

http://www.thebitcoinchannel.com/archives/28636

and have they started printing QR code t-shirts yet? someone is going to make a mint there...

the possibilities for growth in the viral world are pretty substantial. We've only just begun.
wopwop
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December 05, 2013, 01:18:18 AM
 #54020



Greenspan's voice is so nice to listen to imo, he's awesome
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