SheHadMANHands
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Activity: 1168
Merit: 1000
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December 05, 2013, 12:28:06 AM |
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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..  |
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beetcoin
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December 05, 2013, 12:30:17 AM |
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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. |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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December 05, 2013, 12:31:06 AM |
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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 |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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December 05, 2013, 12:33:50 AM |
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Nice buy
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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December 05, 2013, 12:39:23 AM |
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A pathetic 270 to the ATH.  |
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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December 05, 2013, 12:41:43 AM |
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Nice sale
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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December 05, 2013, 12:49:48 AM |
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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. |
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chrsjrcj
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December 05, 2013, 12:52:36 AM |
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Yeah, that article title. And: Timothy Connolly CFA @SconsetCapital
Follow
GREENSPAN CALLS BITCOIN A BUBBLE ASSURING ITS RISE TO $10,000  |
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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December 05, 2013, 12:53:25 AM |
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Let's show the guy a bubble!
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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December 05, 2013, 12:59:02 AM |
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I'd say we hit the ATH in anywhere from 2-5 hours.
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beetcoin
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December 05, 2013, 12:59:56 AM |
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it's a bubble when greenspan says it isn't so the guy probably has no bitcoin holdings, so he has no incentive to push it. that's all there is to it. |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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December 05, 2013, 01:00:03 AM |
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Let's show the guy a bubble!
don't fucking try to create a bubble you idiots. |
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ChartBuddy
Legendary
 Online
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 05, 2013, 01:02:19 AM |
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fred1111
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December 05, 2013, 01:03:11 AM |
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Frontpage of bloomberg and many other financial websites also feature this story!
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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December 05, 2013, 01:05:33 AM |
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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  |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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December 05, 2013, 01:09:13 AM |
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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.
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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December 05, 2013, 01:15:26 AM |
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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?  |
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the_sunship
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December 05, 2013, 01:16:21 AM |
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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/28636and 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. |
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wopwop
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December 05, 2013, 01:18:18 AM |
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Greenspan's voice is so nice to listen to imo, he's awesome
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