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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31910. (Read 26608201 times)

hero member
Activity: 812
Merit: 587
Space Lord
LOL

Deep web discussions.
hero member
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Merit: 500
Ultranode
My noodle hardens every time Raman speaks  Kiss Kiss Kiss Kiss
full member
Activity: 126
Merit: 100
Lowery can also be found stirring numerous honey pots, or after hours at the cafe at the end of the internet. He likes to fish and spends time with his family on the weekend. His hobby is ultra-light kite decoration.
full member
Activity: 224
Merit: 100
I hate the use of "actors" like that. Google does the same. Trolls are called "bad actors"
legendary
Activity: 1036
Merit: 1000
Let's count how many times we've heard the words 'illicit actors'.

Are they talking about porno actors?
legendary
Activity: 1652
Merit: 1016
Let's count how many times we've heard the words 'illicit actors'.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Worrying about tax now.


Sell only when you need the cash. Or, use BTC for payment for goods & services.

Can't tax purchasing of BTC, only the revenue when transferred back to USD

Unfortunately this is wrong.

Care to elaborate?

Yeah, it's still taxable as if you'd sold it. If you bought a bar of gold for $200 and then bartered for something worth $1000 with it a couple years later, you're liable for $800 in capital gains.
full member
Activity: 224
Merit: 100
I know that tax is an obvious step
I'm not selling. It being talked about as taxable is a good sign imho.
hero member
Activity: 1302
Merit: 502
Worrying about tax now.


Sell only when you need the cash. Or, use BTC for payment for goods & services.

Can't tax purchasing of BTC, only the revenue when transferred back to USD

Unfortunately this is wrong.

Care to elaborate?

A gain is a gain no matter what. If you make a gain on BTC and then buy a computer with said BTC, you still pay capital gains.
hero member
Activity: 812
Merit: 587
Space Lord
Worrying about tax now.


Sell only when you need the cash. Or, use BTC for payment for goods & services.

Can't tax purchasing of BTC, only the revenue when transferred back to USD

Unfortunately this is wrong.

Care to elaborate?
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Worrying about tax now.


Sell only when you need the cash. Or, use BTC for payment for goods & services.

Can't tax purchasing of BTC, only the revenue when transferred back to USD

Unfortunately this is wrong.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Worrying about tax now.


sell now you'll have less capital gains to declare  Cheesy
legendary
Activity: 840
Merit: 1000
sr. member
Activity: 516
Merit: 283
Worrying about tax now.


Sell only when you need the cash. Or, use BTC for payment for goods & services.

Can't tax purchasing of BTC, only the revenue when transferred back to USD
full member
Activity: 126
Merit: 100
If you're late to the party and need the link-- Senate hearing in progress:

http://www.c-span.org/Live-Video/C-SPAN3/

I won't forget where I was on Nov. 18th 2013.  Grin Grin Grin
maz
full member
Activity: 140
Merit: 100
Every time someone says "tax" the price drops below 660$
legendary
Activity: 1260
Merit: 1000
Drunk Posts
DONT SELL! Tax happens when you sell...
legendary
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Merit: 1047
FinCEN finally showed their hand

FinCEN exists for Tax purposes.
sr. member
Activity: 462
Merit: 250
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