Same here. I got in at 6 cent
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
How so?
20 Trillion market capU.S. government hearing pretty much showed they want these tax dollars....
Looks like only 'accredited investors' will be able to eat of ICOs. Rich get richer. Warner saying maybe $20 trillion marketcap by 2020 is all over the crypto world.
; bro that would be crazy...
20 Trillion market cap
shit is a realistic prediction...I’d be surprised as hell if we don’t hit 1 trillion this year...ppl talk about a bubble but this shit has barely flirted w/ the masses...I gotta dig thru this thread again...there were several articles and such pointing to 2020-2023 I believe being years where this shit hits mainstream adoption...grandmas talking about bitcoin is one thing...when they can actually start easily buying it on their phones while standing in grocery lines is another
The property down there is inexpensive.
I ran across two hotels for sale on there yesterday in Old San Juan.
Really? What were the prices?
Whenever the rich can get richer, you want to be in the game with them. Proper gateway for ICOs means no fucking scammers. It's just a pity in protecting 'joe average' with this accredited investor fuckery they will keep them from the insane profits. The rich get in on the ICOs(or private sale) and slowly dump on Joe average. As price goes up, they realize 50x gains. Joe can get 10x if he don't panic sell during dips. Everyone wins, some just win more.
But it's clear they want this game to go on. They want to make money and want this shit flowing into the hands of Americans so they can take their taxes. Stupid ass Chinese might want to go rethink what they are doing because their people will find ways to trade, especially when DEXs take off.
The hotel was 5 million.
Condos and apartments with beautiful views starting around 300k going for 1.5.
I was checking out some houses on zillow the other day...they def have some nice shit out there that’s reasonably priced
Whenever the rich can get richer, you want to be in the game with them. Proper gateway for ICOs means no fucking scammers. It's just a pity in protecting 'joe average' with this accredited investor fuckery they will keep them from the insane profits. The rich get in on the ICOs(or private sale) and slowly dump on Joe average. As price goes up, they realize 50x gains. Joe can get 10x if he don't panic sell during dips. Everyone wins, some just win more.
But it's clear they want this game to go on. They want to make money and want this shit flowing into the hands of Americans so they can take their taxes. Stupid ass Chinese might want to go rethink what they are doing because their people will find ways to trade, especially when DEXs take off.
Gene you know damn well that first statememt is misleading. You cannot enter a dice game when mfs are betting 5 million per bet and your coming in at 5k. The house wont even let you on the same table, you have to go play with the 5k house and deal with mfs fading your dice wrong and mfs shooting with loaded dice.
(Accounts locked out, blockchain issues, bank card issues...)
Come on man...you know this
Yeah, shit is just flirting with the masses right now. We still have fucking hit pieces every fucking day that spook the masses. Goldman at it again. It's like clockwork with these people. These the same fucks who change their 'notes' by 10s of billions of dollars when they are wrong like when that chick was way off when bitcoin rallied before.
Most cryptocurrencies will crash to zero, Goldman Sachs says
https://www.cnbc.com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html
- Most cryptocurrencies are likely to fail with their value falling to zero, Goldman Sachs said in a note.
- The investment bank compared the current market to the "internet bubble of the late 1990s."
- Steve Strongin, head of Goldman Sachs global investment research, said that most cryptocurrencies are unlikely to see their recent peaks again.
Steve Strongin, head of Goldman Sachs global investment research, said in a note dated Monday, that cryptocurrencies don't have "intrinsic value" adding that it's "unlikely" whether any of today's digital currencies are likely to survive in the long run.
"People seem to be trading cryptocurrencies as though they're all going to survive, or at least maintain their value. The high correlation between the different cryptocurrencies worries me. Contrary to what one would expect in a rational market, new currencies don't seem to reduce the value of old currencies; they all seem to move as a single asset class," Strongin said.
"But if you believe this is a 'few-winners take-most' situation, then the potential for retirement depreciation should be taken into account. And because of the lack of intrinsic value, the currencies that don't survive will most likely trade to zero."
The Goldman research note comes after a violent sell-off in the cryptocurrency market over the past few days, which at its lowest point on Tuesday, saw over $550 billion of value wiped off the market. Bitcoin even dipped below $6,000 for the first time since November.
550 billion of value wiped off the market in just a matter of 24 hours and people think that is normal?
Gene explain this
But the house is letting you in on crypto. There are people on this board who turned 5k into six figures, so what are you talking about? And that was when shit was even crazier than it is now. Back then, anyone was willing to take your money and run off with it. Now, not so much. With scam ICOs being ran off, average person has a better shot going forward. With exchanges feeling better about where the government stands, average person has a lot better chance. With governments watching for fuckery domestic exchanges pull, better for joe average.
it actually took 4 weeks for that to happen not 24 hours lol...not looking for a response from you...just looking to show everyone how childishly ignorant you are...it reached a high of $830 billion on the 8th of jan. and hit $280 billion mon. night/tues. morning for those who are genuinely curious...the market cap chart can be viewed on coinmarketcap
It wasn't over 24 hours. It was over the month. A month that saw major FUD from Korea, futures, and a correction from a crazy ass rally combined.
I remember market going from about 120 bill to 65 bill in the summer. Something like 180 bill to 99 bill in September. Explain that?
yesterday was crazy tho...the ppl who stood to be amongst the biggest opposition turned around yesterday and said if left unfettered (for the most part) this industry could reach $20 trillion in 2 years...and not only did they validate the financial aspect of it but they put their stamp of approval on the tech as well lol...shit is crazy indeed
Davor just closed its lending platform
They are giving people back their initial investment meaning if you put in 3 dav coins that at the time was worth $80, they are returning the 3 dav coins to you at current vaval of .05 cents
They are giving people back their initial investment meaning if you put in 3 dav coins that at the time was worth $80, they are returning the 3 dav coins to you at current vaval of .05 cents
With scam ICOs being ran off, average person has a better shot going forward. With exchanges feeling better about where the government stands, average person has a lot better chance. With governments watching for fuckery domestic exchanges pull, better for joe average.
That 6 figures will get hit with 40% of taxes or more depending on the state they live in unless they are on a 0 file plus whatever fees the wallet carry with it. Them mfs are splitting up transactions so they can charge you more per transaction. The IRS will be taxing e-currency like property...you know what that means and how its going to fuck many to paying extra taxes like that depending on what the market values the e-currency being rated and not actual value?
Davor just closed its lending platform
They are giving people back their initial investment meaning if you put in 3 dav coins that at the time was worth $80, they are returning the 3 dav coins to you at current vaval of .05 cents
Say...
Man. That was huge. I thought the opposite would happen.
Davor just closed its lending platform
They are giving people back their initial investment meaning if you put in 3 dav coins that at the time was worth $80, they are returning the 3 dav coins to you at current vaval of .05 cents
And that cat from bitconnect was hyping that shit. They put him on reddit for that shit. Don't know why the fuck he just don't chill.
Just making enemies for no fucking reason.
Why do you keep going on about taxes? If you a U.S. citizen and copped stateside, you paying fucking taxes unless you want to pull some dumb shit and hope they don't catch you. People are free to do it, but the IRS has no time limit on that dumb shit. When they catch you, you fucking toast.
If someone turns 5k into like 350k in less than a year and they don't tighten up Uncle Sam, they just greedy beyond greedy. Shit is crazy. It's like being an NFL player and someone saying.
'But you have to pay taxes on all that shit!'
remember tho we got a heads up from @Spectrum that’s exactly how it would play out...it was still tense waiting for it to come to fruition tho
1 month compared to the entire summer...come on gene..you know whats up. Gone and tell them the IRS will be taxing them on the date of purchased and recieved e-currency value and not when it dips or the market goes to shit. Did you think they just made those rules up within the last month? Why you think they created the wallets for...no way to hide it
No shelters non of that shit...Puerto Rico is a trap trust me. The new tax reform bill for PR was all of a sudden introduced in december and passed...hmmm mfs better read the laws and realize this just didnt happen out of thin air. The de facto United States pulled out of there back in October along with all the corporations...one poster said there are hotels up for sale there. PR was used for a money laundering house for a long time and all of a sudden a hurricane came in and destroyed all the records....all of them.
Shiiiiiiiid
Why do you keep going on about taxes? If you a U.S. citizen and copped stateside, you paying fucking taxes unless you want to pull some dumb shit and hope they don't catch you. People are free to do it, but the IRS has no time limit on that dumb shit. When they catch you, you fucking toast.
If someone turns 5k into like 350k in less than a year and they don't tighten up Uncle Sam, they just greedy beyond greedy. Shit is crazy. It's like being an NFL player and someone saying.
Gene you cant talk money without talking taxes. The market and taxes go together like 2 butt cheeks playa you know that. You have people hyped in here about making all this e-currency but no one telling them about the new tax laws that will make them take a major hit. There will be many people shocked once they realize how those crooked mfs done so they could collect taxes on currency a diff way. Agsin if you own property you already know how the value of it changes from year to year and you pay what the county feel it is worth. Same thing applies here but worse.
Its nice sitting up amongst hoes and other dudes in this fake ass system showing off your portfolio and bragging about how you made this and traded that and have this much sitting here and there. However like i do all them dudes...show me your 0 file that have the 9 9s behind it from the IRS proving that all that money is yours and you dont pay any taxes on nothing.
You cant bring 5k to a 5mil dollar game. The rules are diff and those who really in the game understand this.
you may have skipped over it, but we been sayin for a minute we have no problems paying taxes,
our problem is with the greed at which they want to tax every transaction..
for those who been reading we been saying put some of the money you earned to the side for the irs mobsters...
its like winning lotto, you aint really going to collect the pot they are saying you won... you lucky if you walk away with more than half of it...
and I dont care... if I made big money from my initial investment... Id be more than happy to pay the twenty to thirty percent..
if they get greedy, then fuck it I will pay thier exit tax and just move to panama... I have zero problem spending my mid to latter years in a tropical climate...
You think calling me childish and ignorant will make me feel some type of way. 4 weeks is how long...exactly
Im stating facts about laws and i will wait for you to prove what i stated is wrong. Again...what you are showing your fam and friends and your fan club here on bgol is just made up bullshit there isnt any value to any of that becauseall of you will have bend over for the IRS.
People like you avoid the real convo aboit money and law. While your sitting here trying to be funny and cheerlead you need to figure out your taxes
I feel you...
How is explaining the taxes FUD and hating.
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cause we already understand and your being repetitive or rather annoying
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