Home
BBCode Guide
Register
Log inCyptocurrencies - Bitcoin, etc.
+2
GRR Spartan
MattyFresh
6 posters
Page 1 of 1
Cyptocurrencies - Bitcoin, etc.
by MattyFresh Tue 20 Dec 2016 - 17:40
Not sure if any of you have dabbled in internet monies. I myself have a couple bitcoins but I must have missed this bull shit.
http://www.wsj.com/articles/court-rules-irs-can-seek-information-on-bitcoin-customers-1480569311
http://www.wsj.com/articles/court-rules-irs-can-seek-information-on-bitcoin-customers-1480569311
MattyFresh- Spartiate
- Posts : 5781
Join date : 2015-06-10
Age : 37
Location : Munn Ice Arena
Re: Cyptocurrencies - Bitcoin, etc.
by GRR Spartan Tue 20 Dec 2016 - 19:54
If the IRS wants to get info on your bitcoins it means they already know about your bitcoins. Now they want details.
GRR Spartan- Geronte
- Posts : 11170
Join date : 2014-04-25
Re: Cyptocurrencies - Bitcoin, etc.
by TheReal_LWS Wed 21 Dec 2016 - 8:14
GRR Spartan wrote:If the IRS wants to get info on your bitcoins it means they already know about your bitcoins. Now they want to tax you up the butt on them.
fify
TheReal_LWS- Perioikos
- Posts : 4533
Join date : 2016-06-12
Re: Cyptocurrencies - Bitcoin, etc.
by GRR Spartan Wed 21 Dec 2016 - 8:42
Don't know about the up the butt tax.
they want a piece of the action and they have ways to find it. Remember Silk Road and the arrest / conviction of Dread Pirate Roberts?
Its a lot like what happened with PED's after Barry Bond's chemist told the Feds the details on masking agent(s) he had formulated. Once folks knew where to look and what to look for in samples from athletes, fewer used and those that do get caught.
they want a piece of the action and they have ways to find it. Remember Silk Road and the arrest / conviction of Dread Pirate Roberts?
Its a lot like what happened with PED's after Barry Bond's chemist told the Feds the details on masking agent(s) he had formulated. Once folks knew where to look and what to look for in samples from athletes, fewer used and those that do get caught.
GRR Spartan- Geronte
- Posts : 11170
Join date : 2014-04-25
Re: Cyptocurrencies - Bitcoin, etc.
by TheReal_LWS Wed 21 Dec 2016 - 9:29
GRR Spartan wrote:Don't know about the up the butt tax.
they want a piece of the action and they have ways to find it. Remember Silk Road and the arrest / conviction of Dread Pirate Roberts?
Its a lot like what happened with PED's after Barry Bond's chemist told the Feds the details on masking agent(s) he had formulated. Once folks knew where to look and what to look for in samples from athletes, fewer used and those that do get caught.
Also reminds me of when they started going after world of warcraft nerds and their in-game valuables.
TheReal_LWS- Perioikos
- Posts : 4533
Join date : 2016-06-12
Re: Cyptocurrencies - Bitcoin, etc.
by AnomanderRake Wed 21 Dec 2016 - 10:16
Maybe I'm not understanding correctly but what exactly is the problem with this?
AnomanderRake- Spartiate
- Posts : 1085
Join date : 2015-07-21
Re: Cyptocurrencies - Bitcoin, etc.
by TheReal_LWS Wed 21 Dec 2016 - 10:21
AnomanderRake wrote:Maybe I'm not understanding correctly but what exactly is the problem with this?
Taxes suck.
TheReal_LWS- Perioikos
- Posts : 4533
Join date : 2016-06-12
Re: Cyptocurrencies - Bitcoin, etc.
by MattyFresh Wed 21 Dec 2016 - 13:56
And how am I suppose to buy my drugs?!?
MattyFresh- Spartiate
- Posts : 5781
Join date : 2015-06-10
Age : 37
Location : Munn Ice Arena
Re: Cyptocurrencies - Bitcoin, etc.
by InTenSity Wed 21 Dec 2016 - 17:59
You have a couple of bitcoins? 5 BTC would be worth about $3500 right now, right? I wish I would have bought more at $225, but only bought about .2 BTC.
InTenSity- Geronte
- Posts : 16251
Join date : 2014-04-18
Age : 47
Location : Kendall
Re: Cyptocurrencies - Bitcoin, etc.
by MattyFresh Wed 21 Dec 2016 - 18:05
I am thinking about cashing out today paid around 250 early 2015. About 1500 profit .
MattyFresh- Spartiate
- Posts : 5781
Join date : 2015-06-10
Age : 37
Location : Munn Ice Arena
InTenSity- Geronte
- Posts : 16251
Join date : 2014-04-18
Age : 47
Location : Kendall
Re: Cyptocurrencies - Bitcoin, etc.
by MattyFresh Thu 22 Dec 2016 - 23:59
InTenSity wrote:Up to $900? Wtf?
was planning on selling last night... fell asleep... not sure what to do
MattyFresh- Spartiate
- Posts : 5781
Join date : 2015-06-10
Age : 37
Location : Munn Ice Arena
Re: Cyptocurrencies - Bitcoin, etc.
by MattyFresh Fri 23 Dec 2016 - 0:04
Experts claim the growth corresponds with a weakening in the Chinese yuan; bitcoin is apparently attractive to Chinese traders because it enables them to evade currency controls.
MattyFresh- Spartiate
- Posts : 5781
Join date : 2015-06-10
Age : 37
Location : Munn Ice Arena
Re: Cyptocurrencies - Bitcoin, etc.
by InTenSity Fri 23 Dec 2016 - 0:12
Heard that before. I know that some are expecting 1 btc to = $10,000 in the next few years. If that's the case, now it's still a good buy. Wish I had more than .2, but speculating on crypto currency that I only partially understand doesn't mean I should throw at it.MattyFresh wrote:Experts claim the growth corresponds with a weakening in the Chinese yuan; bitcoin is apparently attractive to Chinese traders because it enables them to evade currency controls.
InTenSity- Geronte
- Posts : 16251
Join date : 2014-04-18
Age : 47
Location : Kendall
Re: Cyptocurrencies - Bitcoin, etc.
by MattyFresh Fri 23 Dec 2016 - 0:19
InTenSity wrote:Heard that before. I know that some are expecting 1 btc to = $10,000 in the next few years. If that's the case, now it's still a good buy. Wish I had more than .2, but speculating on crypto currency that I only partially understand doesn't mean I should throw at it.MattyFresh wrote:Experts claim the growth corresponds with a weakening in the Chinese yuan; bitcoin is apparently attractive to Chinese traders because it enables them to evade currency controls.
I did my grad thesis on Cryptocurrency Viability.. I am rock hard right now.
MattyFresh- Spartiate
- Posts : 5781
Join date : 2015-06-10
Age : 37
Location : Munn Ice Arena
Re: Cyptocurrencies - Bitcoin, etc.
by xsanguine Mon 26 Dec 2016 - 20:36
GRR Spartan wrote:Don't know about the up the butt tax.
they want a piece of the action and they have ways to find it. Remember Silk Road and the arrest / conviction of Dread Pirate Roberts?
Its a lot like what happened with PED's after Barry Bond's chemist told the Feds the details on masking agent(s) he had formulated. Once folks knew where to look and what to look for in samples from athletes, fewer used and those that do get caught.
xsanguine- Geronte
- Posts : 9838
Join date : 2014-04-23
Location : Hijackin' Threads
Re: Cyptocurrencies - Bitcoin, etc.
by xsanguine Mon 26 Dec 2016 - 20:37
TheReal_LWS wrote:AnomanderRake wrote:Maybe I'm not understanding correctly but what exactly is the problem with this?
Extortion sucks.
Had to fix that for ya, LWS.
xsanguine- Geronte
- Posts : 9838
Join date : 2014-04-23
Location : Hijackin' Threads
Similar topics» Bitcoin wallet like BRD. What else would you suggest?
» The creator of Bitcoin has revealed his true identity
» Introducing Ethereum (Bitcoin but better...or worse...depends on who you ask)
» Introducing Ethereum (Bitcoin but better...or worse...depends on who you ask)
» If Bitcoin is the currency of the future, have a password to your bank
» The creator of Bitcoin has revealed his true identity
» Introducing Ethereum (Bitcoin but better...or worse...depends on who you ask)
» Introducing Ethereum (Bitcoin but better...or worse...depends on who you ask)
» If Bitcoin is the currency of the future, have a password to your bank
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum