Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30483.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: spooderman on January 06, 2014, 11:58:32 PM

Quote from: MAbtc on January 06, 2014, 11:46:46 PM

Quote from: ?? on ??

Quote from: mskryxz on January 06, 2014, 11:28:55 PM

sell bitcoins locally, localbitcoins.com or on craigslist

how can they find out you sold for profit?

That's great for pocket change, but a bit harder to manage when its time to buy that castle. Especially if you are not in a heavily populated area.

Yes I love localbitcoins, but if bitcoins are worth 6 figures I think selling one at Starbucks for cash may pose problems. It's awkward enough at the current rates...

*sigh* decimals my friend.

Decimals are no good when I want my $100k. Cheesy

spooderman

legendary

Activity: 1680

Merit: 1045

Quote from: MAbtc on January 06, 2014, 11:46:46 PM

Quote from: ?? on ??

Quote from: mskryxz on January 06, 2014, 11:28:55 PM

sell bitcoins locally, localbitcoins.com or on craigslist

how can they find out you sold for profit?

That's great for pocket change, but a bit harder to manage when its time to buy that castle. Especially if you are not in a heavily populated area.

Yes I love localbitcoins, but if bitcoins are worth 6 figures I think selling one at Starbucks for cash may pose problems. It's awkward enough at the current rates...

*sigh* decimals my friend.

spooderman

legendary

Activity: 1680

Merit: 1045

Quote from: ?? on ??

Quote from: the_sunship on January 06, 2014, 11:26:12 PM

Quote from: TERA on January 06, 2014, 11:19:54 PM

Quote from: Nightowlace on January 06, 2014, 10:12:33 PM

I predict March-April is going to be huge for the US. TAX RETURNS pouring into the exchange(s).

I don't think any bitcoiners are getting taxes RETURNED. More likely they owe a crap load of tax, so actually they need to dump.

if you sell off bitcoins to pay tax, you'll have to pay tax on that as well. I don't think a lot of people are going to be selling much...

1)April is a lifetime from now, nobody knows where the price will be.
2) Can't retire without selling a few coins... Sooner or later, some taxes are going to get paid...

I agree. It's frustrating, but so far my method has been to sell the maximum I can each year while remaining under the capital gains threshold. Since this is so low, it means hodling at least 95% a year.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: ?? on ??

Quote from: mskryxz on January 06, 2014, 11:28:55 PM

sell bitcoins locally, localbitcoins.com or on craigslist

how can they find out you sold for profit?

That's great for pocket change, but a bit harder to manage when its time to buy that castle. Especially if you are not in a heavily populated area.

Yes I love localbitcoins, but if bitcoins are worth 6 figures I think selling one at Starbucks for cash may pose problems. It's awkward enough at the current rates...

virtualfaqs

hero member

Activity: 700

Merit: 500

Quote from: Vigil on January 06, 2014, 11:20:20 PM

support zone will vanish and become the new resistance zone.

Tonight's Mtgox Match Up!
325 BTC @ $1036 Little Guy vs 1142 BTC @ $1050 Behemoth!

spooderman

legendary

Activity: 1680

Merit: 1045

Quote from: jojo69 on January 06, 2014, 10:47:19 PM

Quote from: spooderman on January 06, 2014, 10:42:18 PM

Quote from: ?? on ??

Quote from: spooderman on January 06, 2014, 09:27:17 PM

Sorry I know this has nothing to do with this thread, but given that it's kind of dead here I figured I'd ask anyway.

Does that fact that weed is now legal in Colorado mean that people in prison for taking it have now been released? Will this be the case as the states legalise it one by one?

No the people in jail in Colorado for having weed will still stay in jail for the next 10 to 20 years unless the Prez lets them out. And since weed is still illegal on the Fed level that wont happen.

The Fed Govt could raid Colorado and jail everyone in Fed jail if they wanted to.

This is truly awful Sad

just wait for the next big swing to the right and see what happens to everyone who gave up their info in "medical" states

well you can't buy weed with credit cards, so hopefully they all just used cash. Ugh, but this is also awful.

mskryxz

sr. member

Activity: 433

Merit: 250

Quote from: the_sunship on January 06, 2014, 11:26:12 PM

Quote from: TERA on January 06, 2014, 11:19:54 PM

Quote from: Nightowlace on January 06, 2014, 10:12:33 PM

I predict March-April is going to be huge for the US. TAX RETURNS pouring into the exchange(s).

I don't think any bitcoiners are getting taxes RETURNED. More likely they owe a crap load of tax, so actually they need to dump.

if you sell off bitcoins to pay tax, you'll have to pay tax on that as well. I don't think a lot of people are going to be selling much...

sell bitcoins locally, localbitcoins.com or on craigslist

how can they find out you sold for profit?

the_sunship

full member

Activity: 230

Merit: 100

Quote from: TERA on January 06, 2014, 11:19:54 PM

Quote from: Nightowlace on January 06, 2014, 10:12:33 PM

I predict March-April is going to be huge for the US. TAX RETURNS pouring into the exchange(s).

I don't think any bitcoiners are getting taxes RETURNED. More likely they owe a crap load of tax, so actually they need to dump.

if you sell off bitcoins to pay tax, you'll have to pay tax on that as well. I don't think a lot of people are going to be selling much...

Vigil

sr. member

Activity: 378

Merit: 250

support zone will vanish and become the new resistance zone.

TERA

hero member

Activity: 728

Merit: 500

Quote from: Nightowlace on January 06, 2014, 10:12:33 PM

I predict March-April is going to be huge for the US. TAX RETURNS pouring into the exchange(s).

I don't think any bitcoiners are getting taxes RETURNED. More likely they owe a crap load of tax, so actually they need to dump.

pdawg

sr. member

Activity: 252

Merit: 250

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Vigil on January 06, 2014, 10:47:39 PM

Double-Top, Bubble-Pop!

Spoke too soon, To The Moon!

idk, just thought I'd rhyme in Cheesy

virtualfaqs

hero member

Activity: 700

Merit: 500

Quote from: adamstgBit on January 06, 2014, 10:05:20 PM

so who wants to break minor resistance and possibly cause a paradigm shift!

is it you?

its not me... you'll be buying my bitcoin, i can't help but sell a little... *sigh* everyone has a price tag...

Sell? Sell. SELL! SELL! SELL!

Vigil

sr. member

Activity: 378

Merit: 250

Double-Top, Bubble-Pop!

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: spooderman on January 06, 2014, 10:42:18 PM

Quote from: ?? on ??

Quote from: spooderman on January 06, 2014, 09:27:17 PM

Sorry I know this has nothing to do with this thread, but given that it's kind of dead here I figured I'd ask anyway.

Does that fact that weed is now legal in Colorado mean that people in prison for taking it have now been released? Will this be the case as the states legalise it one by one?

No the people in jail in Colorado for having weed will still stay in jail for the next 10 to 20 years unless the Prez lets them out. And since weed is still illegal on the Fed level that wont happen.

The Fed Govt could raid Colorado and jail everyone in Fed jail if they wanted to.

This is truly awful Sad

just wait for the next big swing to the right and see what happens to everyone who gave up their info in "medical" states

spooderman

legendary

Activity: 1680

Merit: 1045

Quote from: ?? on ??

Quote from: spooderman on January 06, 2014, 09:27:17 PM

Sorry I know this has nothing to do with this thread, but given that it's kind of dead here I figured I'd ask anyway.

Does that fact that weed is now legal in Colorado mean that people in prison for taking it have now been released? Will this be the case as the states legalise it one by one?

No the people in jail in Colorado for having weed will still stay in jail for the next 10 to 20 years unless the Prez lets them out. And since weed is still illegal on the Fed level that wont happen.

The Fed Govt could raid Colorado and jail everyone in Fed jail if they wanted to.

This is truly awful Sad

YoYa

hero member

Activity: 809

Merit: 501

Always verify deals with me through my public key!

1k wall at 1050 on gox.... wonder if it will stay on place?

KFR

hero member

Activity: 560

Merit: 500

Per ardua ad luna

Quote from: adamstgBit on January 06, 2014, 10:05:20 PM

so who wants to break minor resistance and possibly cause a paradigm shift!

is it you?

its not me... you'll be buying my bitcoin, i can't help but sell a little... *sigh* everyone has a price tag...

HODL!

Nightowlace

hero member

Activity: 980

Merit: 1001

I predict March-April is going to be huge for the US. TAX RETURNS pouring into the exchange(s).

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30483. (Read 26712310 times)