Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30484.

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: spooderman on January 06, 2014, 09:25:02 PM

Oh yeah, I forgot that you're chartbuddy. Where I come from 20k is a lot of money. Any chance of doing a chart for bitstamp?

I'm not saying it (bitstamp chart) won't happen, I'm just saying it's not high on the list

20k is not a small amount of money in some respects but in other respects, it's pretty trivial. My dad used to take stationery from where he worked and it would drive my mum crazy cause that's shit you could lose your job for. I'd like to think that I'd be honorable at all amounts but I know for sure that I would not be dishonorable for below quite a large sum that is at least into 7 figures.

Though I did shoot a man in Reno just to watch him die.

BeatMyBit

newbie

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Quote from: MikeH on January 07, 2014, 12:40:19 AM

Quote from: ?? on ??

where is here?

in the usa it is

Australia - of course it may seem a stretch to call it gambling but we all know it is.

Nice. Another point for Australia.

It's definitely gambling....Playing the market is no different than sitting down at a poker table, one just happens a little faster, but when you lose it all at the table you are a hopeless gambling addict and when you lose at the other you were over extended and the economy took a turn..

spooderman

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My hunch is that we will burst through the ath in a few days. And relax around the 1500 mark (gox price). Next bubble pop talk will start around 2k+ and the actual pop doesn't occur until 4k.

Note: I am usually wrong, APART from when I have actually put my money where my mouth is. I haven't lost by actually trading before.

MikeH

sr. member

Activity: 406

Merit: 250

Quote from: ?? on ??

where is here?

in the usa it is

Australia - of course it may seem a stretch to call it gambling but we all know it is.

BeatMyBit

newbie

Activity: 13

Merit: 0

Quote from: MikeH on January 07, 2014, 12:33:30 AM

I'm not declaring shit - proceeds from gambling isn't taxed here.

Uhhhh ya it absolutely is if you live in the good ol' USA

although it does vary from country to country in the EU

MikeH

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I'm not declaring shit - proceeds from gambling isn't taxed here.

MikeH

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Activity: 406

Merit: 250

how would they even know what your capital gain was? I've bought btc many times from various sources and have no records of purchase price.

BeatMyBit

newbie

Activity: 13

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

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?

not everyone here is looking to commit fraud/tax evasion.

Not judging you for it tho! taxes suck.

pdawg

sr. member

Activity: 252

Merit: 250

I think this resistance zone is going bye bye:

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

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Activity: 1680

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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

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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

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30484. (Read 26712671 times)