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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15608. (Read 26610783 times)

legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
Maybe today is a good time for us all to start tax planning before badger gets really serious.

Edit:  in a highly unusual move, I just took my own advice.

I spoke to a tax accountant that specializes in expat and bitcoins. She quoted me a $50k fee to do my taxes going back a few years to ensure full compliance. Half of the fee was for "research". I didn't feel like I needed to pay $25k to have my accountant do some google searches.

As with most things, it will be better to do things on my own. I just need to gather up all of the things I spent bitcoins on in the past few years and calculate things out. Might be tedious work but best to get it over with. Pay ISIS some money (through the US govt) and move on to doing things smarter next year.

As of about 5 years ago the going rate for fabrication of a financial past to move the wealth of Humboldt marijuana cultivators into the system economy was only $10K.  That is for a fully forged history of economic activity.

Tell this lady to pound sand.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
WAKE UP BADGER YOU LAZY FUCK
member
Activity: 242
Merit: 14
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Meanwhile GBTC at $18,250

Whoah whoah whoah you get 0.09 BTC per share of GBTC.  That’s fucking broken. Oh my god please tell me my math is wrong. That’s an implied value of something like $200k BTC.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Meanwhile GBTC at $18,250

Is GBTC, Bitcoin Gold?

Please say yes.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Meanwhile GBTC at $18,250
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Maybe today is a good time for us all to start tax planning before badger gets really serious.

Edit:  in a highly unusual move, I just took my own advice.

I spoke to a tax accountant that specializes in expat and bitcoins. She quoted me a $50k fee to do my taxes going back a few years to ensure full compliance. Half of the fee was for "research". I didn't feel like I needed to pay $25k to have my accountant do some google searches.

As with most things, it will be better to do things on my own. I just need to gather up all of the things I spent bitcoins on in the past few years and calculate things out. Might be tedious work but best to get it over with. Pay ISIS some money (through the US govt) and move on to doing things smarter next year.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Bitflyer to start taking on US customers.  Might be worth a look. 
hero member
Activity: 728
Merit: 540
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Maybe today is a good time for us all to start tax planning before badger gets really serious.

Edit:  in a highly unusual move, I just took my own advice.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
The majority of my gains this year were realized by trading on exchanges (esp altcoins) which probably report to the gov. Im screwed.

If youre just hodling a paper wallet and havent sold you dont owe anything...

Maybe Tera you were trading those assets in your capacity as trustee for the family trust.  Suggest you get a good tax accountant.  If the Trump Family and the Clinton Family can have a foundation, so can you.

It would have greatly helped to have that trust/foundation/whatever created BEFORE doing those trades with assets that do NOT belong to an entity that DOESN'T even exist yet. Just saying.... Smiley
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
$130 spread between Gdax and BFX.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
The majority of my gains this year were realized by trading on exchanges (esp altcoins) which probably report to the gov. Im screwed.

If youre just hodling a paper wallet and havent sold you dont owe anything...

Maybe Tera you were trading those assets in your capacity as trustee for the family trust.  Suggest you get a good tax accountant.  If the Trump Family and the Clinton Family can have a foundation, so can you.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"


Hahahahahahaha...


I don't see what is so obvious about shorting  - and seems like some shorters are (unwittingly) preparing to get r3kt....
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
how is your dogecoin doing?
Looks like it's breaking out.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
The majority of my gains this year were realized by trading on exchanges (esp altcoins) which probably report to the gov. Im screwed.

If youre just hodling a paper wallet and havent sold you dont owe anything...
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
Is that correct?

They don't fucking know.  These obsolete nation states have no idea what they are doing.

If you want to use the money in the system soon, make up some plausible stab at accounting and pay something.  It's going to be hard for them to really come down on you if you tried because the rules aren't ready yet.

If you don't need the money right away, sit on that paper wallet and don't say a god dammed thing.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
I calculate mine as zero/negative because of how much I have cashed out. Is that correct?
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
A short squeeze would be delightful.

Are we sure it isn't them that's been running us up? In preparation for the big short?

Don't worry.  Pretty sure they're not done yet...

Everyone on this thread should have dollar cost averages well below JP Morgan.

Is zero low?  I have a zero.
  I am wondering if you earned your crypto the same way I did. Smiley
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
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