Biodom
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July 21, 2024, 02:59:16 AM Last edit: July 21, 2024, 03:09:19 AM by Biodom Merited by fillippone (4) |
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If you did not see it yet:
Grayscale somehow managed to 'acquire' the BTC ticket for it's new mini-trust (which will get 10% of GBTC's bitcoin and would have the low 0.15% fee). The last day of trade in GBTC that would allow you to get the mini-trust is July 29 (if you would buy on July 30, then you would not get any distribution). The price of GBTC would decrease by 10% on the 30th plus minus regular market fluctuations. Since the distribution is 1:1 in shares, this means that mini will have a price of $5-6, most likely (if current prices prevail)-probably to entice the retail:
"look mom, BTC is at $6 per-a bargain!"
I already exchanged 2/3 of my GBTC in IRAs to IBIT/FBTC mixture (basically have 1:1:1 now). Not sure if i should sell before the distribution or get a mini first. No cap gains anyway, since it is an IRA, but the account cost basis would increase, of course.
I am not familiar with IRA and stuff, but when you switched out of GBTC to switch in IBIT, did you record a taxable event? You had to be careful of any procedure? Sorry to speak about theft on this thread. FYI: Regular IRA (individual retirement account) in US -trades are not taxable (no cap gains tax), but withdrawals are treated as income. Roth IRA in US-both trading and withdrawals (after being more than 59.5 years old ) are NOT taxable, but contributions are made on an after-tax basis (you got income, you got taxed, you contributed some of the remainder-up to only a certain $$ a year). P. Thiel has built a $5 bil Roth, lol. At first i did not get what "theft" you are talking about..then i got it..you are talking about the t-word, right?
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ChartBuddy
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July 21, 2024, 03:01:17 AM |
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philipma1957
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buddy may drag us pass 68k on sunday. It would be nice.
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Biodom
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July 21, 2024, 03:14:23 AM |
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buddy may drag us pass 68k on sunday. It would be nice.
it would..if you let it have streaks...I kid, i kid
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ChartBuddy
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July 21, 2024, 04:01:15 AM |
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ChartBuddy
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July 21, 2024, 05:01:14 AM |
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nutildah
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Happy 10th Birthday to Dogeparty!
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July 21, 2024, 05:52:39 AM |
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Say uh buddy. We appreciate the work you done for us, we really do. But I just got a call from the big guy and, well, he says its not enough. 🤷 It would be a personal favor to us if you could, you know, pick things up a bit. Or else, well I hate to say it, but things could get difficult for you.
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ChartBuddy
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July 21, 2024, 06:01:17 AM |
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ChartBuddy
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July 21, 2024, 07:01:14 AM |
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ChartBuddy
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July 21, 2024, 08:01:14 AM |
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ChartBuddy
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July 21, 2024, 09:01:16 AM |
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Ambatman
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I walk with the Light
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July 21, 2024, 09:05:10 AM |
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Say uh buddy. We appreciate the work you done for us, we really do. But I just got a call from the big guy and, well, he says its not enough. 🤷 It would be a personal favor to us if you could, you know, pick things up a bit. Or else, well I hate to say it, but things could get difficult for you. Buddy POV
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OutOfMemory
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Man who stares at charts (and stars, too...)
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July 21, 2024, 09:13:17 AM |
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Yeah, Buddy. Wouldn't be bad to close the weekly above $67k...
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ChartBuddy
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July 21, 2024, 10:01:16 AM |
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ChartBuddy
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July 21, 2024, 11:01:15 AM |
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ChartBuddy
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July 21, 2024, 12:01:18 PM |
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El duderino_
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July 21, 2024, 12:15:07 PM Last edit: July 21, 2024, 03:34:36 PM by El duderino_ Merited by OutOfMemory (2), xhomerx10 (1) |
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Hard work WOD Sunday. Taking a breather right now. But still time to block.
Teams of 4
800m run with a weighted barbell (35kg) Into 200 synchro pull ups 200 synchro ground to overhead with a plate 200 synchro burpee box step ups 200 synchro push ups 200 synchro KB deadlifts Buy out 800m run with the barbell
For the movements 2 person hold the bar then the other 2 complete reps Switch when needed
*hard work Sunday
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ChartBuddy
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July 21, 2024, 01:01:14 PM |
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ChartBuddy
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July 21, 2024, 02:01:14 PM |
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ChartBuddy
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July 21, 2024, 03:01:17 PM |
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