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seriouscoin
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March 28, 2014, 12:24:13 AM |
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The IRS ruling is actually not negative. It would take sometimes for ppl to understand and sink it in.
The most often reaction when ppl just heard of the IRS ruling is : Bitcoin cant be used as currency because IRS says its a property.
However the utility is up to the ppl. IRS just gives guidance on how to file tax on bitcoin tx.
You also have to file tax if its ruled to be currency. In some case, the tax is even higher.
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seriouscoin
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March 28, 2014, 12:25:27 AM |
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What's happening?
What's happening?You are a 'Hero Member' and you never saw a big sell off before? ...or... You have been away for ~2 months and you don't know about all the bad news?  Some ppl dont look at the price everyday because they dont look at bitcoin as short term investment. The OP probably locks his btc in cold storage while enjoying working and living. |
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captgnh
Newbie
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Activity: 22
Merit: 0
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March 28, 2014, 12:31:54 AM |
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The movers and shakers of Wall Street are getting ready to move on Bitcoin. Don't you see? This is their prep work in progress. Some of you have seen it before in stocks, BTC is no different.
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seriouscoin
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March 28, 2014, 12:34:13 AM |
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The movers and shakers of Wall Street are getting ready to move on Bitcoin. Don't you see? This is their prep work in progress. Some of you have seen it before in stocks, BTC is no different.
very interesting..... I tend to agree with this theory because this crash is baseless.... without any fundamental changes. The China rumors might just be an excuse. |
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tiptopgemdotcom (OP)
Legendary
Offline
Activity: 1736
Merit: 1000
Truly decentralized stable asset
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March 28, 2014, 12:34:40 AM |
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The movers and shakers of Wall Street are getting ready to move on Bitcoin. Don't you see? This is their prep work in progress. Some of you have seen it before in stocks, BTC is no different.
This is your first post? Damn fine one. I would not be shocked if you are indeed correct. |
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jc01480
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March 28, 2014, 12:34:54 AM |
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I would like to see it go down a bit more so I can buy a bunch. This thing is here to stay. Up, down, side-to-side, this thing is happening. I am truly fascinated to be a part of a global phenomenon.
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btcltcdigger
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March 28, 2014, 12:36:33 AM |
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I would like to see it go down a bit more so I can buy a bunch. This thing is here to stay. Up, down, side-to-side, this thing is happening. I am truly fascinated to be a part of a global phenomenon.
Yeah, i feel the same way. Either way, i'll tell my kids "i was there when it happened" |
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cozk
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March 28, 2014, 12:38:43 AM |
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469
somebody is going to be very very rich after all this.. hopefully the difficulty will drop a bit.. Won't happen Why would it happen ? nobody will turn their ASIC off... Why would they ? even if i made a NET 0.1$ per day with mines i'd leave it ON |
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btcltcdigger
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March 28, 2014, 12:40:07 AM |
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469
somebody is going to be very very rich after all this.. hopefully the difficulty will drop a bit.. Won't happen Why would it happen ? nobody will turn their ASIC off... Why would they ? even if i made a NET 0.1$ per day with mines i'd leave it ON I think he's hoping some ppl will sell off their stuff and forget bitcoin |
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seriouscoin
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March 28, 2014, 12:41:25 AM |
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469
somebody is going to be very very rich after all this.. hopefully the difficulty will drop a bit.. Won't happen Why would it happen ? nobody will turn their ASIC off... Why would they ? even if i made a NET 0.1$ per day with mines i'd leave it ON Ppl cause you will be mining at lost after tx and paper work. |
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Beliathon
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March 28, 2014, 12:41:36 AM |
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Stop worrying about fiat exchange price, it's still 3-5 years away from being an accurate speculative representation of the actual utility of this technology.
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designfail
Member
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Activity: 86
Merit: 10
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March 28, 2014, 12:42:31 AM |
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469
somebody is going to be very very rich after all this.. hopefully the difficulty will drop a bit.. Won't happen Why would it happen ? nobody will turn their ASIC off... Why would they ? even if i made a NET 0.1$ per day with mines i'd leave it ON I think he's hoping some ppl will sell off their stuff and forget bitcoin yep, that's exactly what I am hoping.. |
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Beliathon
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March 28, 2014, 12:43:36 AM |
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Stop worrying about fiat exchange price, it's still 3-5 years away from being an accurate speculative representation of the actual utility of this technology.
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turk
Member
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Activity: 84
Merit: 10
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March 28, 2014, 12:44:05 AM |
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469
somebody is going to be very very rich after all this.. hopefully the difficulty will drop a bit.. Won't happen Why would it happen ? nobody will turn their ASIC off... Why would they ? even if i made a NET 0.1$ per day with mines i'd leave it ON I think he's hoping some ppl will sell off their stuff and forget bitcoin I would say that is pretty much a given considering that it isn't the easy money that most people thought that it was. |
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cozk
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March 28, 2014, 12:46:11 AM |
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469
somebody is going to be very very rich after all this.. hopefully the difficulty will drop a bit.. Won't happen Why would it happen ? nobody will turn their ASIC off... Why would they ? even if i made a NET 0.1$ per day with mines i'd leave it ON Ppl cause you will be mining at lost after tx and paper work. Taxes ? paperwork ? wtf lol |
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franky1
Legendary
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Activity: 4396
Merit: 4760
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March 28, 2014, 12:50:41 AM |
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will people stop spreading FUD
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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turk
Member
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Activity: 84
Merit: 10
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March 28, 2014, 12:51:59 AM |
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will people stop spreading FUD
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
I have yet to figure out what "FUD" stands for. |
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lnternet
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March 28, 2014, 12:54:04 AM |
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I have yet to figure out what "FUD" stands for.
This link explains it very well: http://lmgtfy.com/?q=fud |
1ntemetqbXokPSSkuHH4iuAJRTQMP6uJ9
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BTCisthefuture
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March 28, 2014, 01:02:54 AM |
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will people stop spreading FUD
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
even though the rumors may or may not be true. people are panicking for valid reasons. the rumors are that the banks are going to be forced to close accounts that the largest bitcoine exchanges have.... this would kill the exchanges. with out a bank account to hold their fiat funds. Banks being closed also hurt and ultimately lead to gox collapsing as well (amongst other things). it is something people should be concerned about. at least in regards to the exchange rate of bitcoin, especially in the short term...... however the people who understand the technology behind bitcoin understand bitcoin is a long term thing and weither china is on board or not the infrastructure around bitcoin will continue to grow and the benefits the technology offers will continue to lead to more adoption across the globe, even if that excludes china. |
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PreDeadMan
Newbie
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Activity: 6
Merit: 0
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March 28, 2014, 01:14:28 AM |
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fucking A lol i have 30 bitcoins already now i see the price drop pretty fast should i buy more? and how high will it rebound within a few days or a week? what is the expert speculation?
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