Bitcoin
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- drgs1
^
Last time they offered Bitcoin was in Dec 2017, at the very peak of 2017 bullrunhttps://www.cnbc.com/2017/12/21/…
https://www.coindesk.com/goldman…
- drgs0
- Tinky Winky Toppy signaly wiggley...jonny_quest_lives
- I hate Teletubbies immenselyshapesalad
- Didn’t they die in a grease fire?futurefood
- It was an April's fools joke apparently. So yes, kill it with fire!grafician
- shapesalad5
$60k taken out.
The start of 2020 it was under $6k.
- I told y’all!nb
- But honestly I was talking out of my ass, to some extent.nb
- https://gfycat.com/a…nb
- Glad you got yours.monospaced
- Be prepared for taxes. Cheers.monospaced
- Well done. Move to Belize, Caymans or Monaco and don’t pay taxes.NBQ00
- Puerto Rico! (less anyway)GuyFawkes
- Mf qbn elite wants to raise taxes on everyone then warns you about paying taxes. SmhHayoth
- Hookers and Cocaineutopian
- How much were the fees to take out the money ?********
- Y’all misreading this. OP just posting the approx pricenb
- "qbn elite wants to raise taxes on everyone then warns you about paying taxes"
How is this in any way counter to what a decent person would suggest?Nairn
- drgs1
Pi Cycle Top indicator converges in 3-4 days and it looks to be unavoidable.
This indicator was retrofitted (in late 2020), ie. doesn't have to work for future/current cycles or it won't be as precise, but still fun to see if it holds.
If it wasn't for Paris Hilton being excited about Bitcoin and Goldman Sachs reopening their Bitcoin desk, I would maybe ignore it...
And we still haven't broken the bull run threshold. There is no blow-off top. Does it look toppy? I don't know what this rally is.
Discuss
- Are you saying the indicator hints at the top happening in 3 - 4 days? I’m reading that right?nb
- The Paris Hilton / GS line is throwing me offnb
- All 3 are top signsdrgs
- I see. Woof yeah who knows. I hate trading this shit!!!! But it makes me so much money! Hahahahanb
- nah...not yet. top will be later summer IMHOshapesalad
- The indicator was right (assuming this is the end of the rally, not just he first wave)
https://s3.tradingvi…drgs
- nb-3
Let’s say you assume there is a dip coming. You want to sell your Bitcoin so you can buy back into the dip.
Where do you put that money?!
If I sell btc for USD it triggers a tax event. I’m taxed very high (New York) so cashing out my Bitcoin immediately loses me like 35%.
I would not mind paying taxes, but I’m not really earning that USD, I’m just waiting to buy back in.
So how do I do this? Because if I have to lose 35% every time I sell... I’m holding until I retire.
- Uniswap to stablecoinzaq
- @zaq Crypto trades are also a taxable event. Please do not answer basic finance questions without googling it first.nb
- Hm ok it’s 15% tax because it’s long term Capital Gains (in my case.) Still, 15% is a big dip to call right every time.nb
- I don't envy you americansdrgs
- Taxed to death!nb
- HODLGuyFawkes
- 0% tax in Portugal if held at least a yearESKEMA
- Can’t move to Portugal right now. Lolnb
- Personal reasonsnb
- Tax the rich! You’re rich, nbNBQ00
- If you're american, even if you move you still need to send money back to your freedom fund.ESKEMA
- DOGECOINshapesalad
- Who the fuck is taking 35%!?monospaced
- Oh. Income tax. It’s not considered a capital gains income? That would be closer to 10%. I guess it’s considered gambling earnings. Shitty.monospaced
- A brokerage would allow you to reinvest and not count it as income until you withdraw after a sale. Didn’t realize Bitcoin didn’t do the same.monospaced
- Capital gains is tied to income. I’m in a similar position myself, where short term capital gains tax is 35%, but only 15% long term.5timuli
- The highest rates right now are 37%/20%, but I think the short term is bumping up to 39.6% under Biden’s tax plan. Not sure about long term though.5timuli
- TL;DR... also hodling.5timuli
- nb, it's very brave of you to seek financial advices on a creative forum, and then complain about it.zaq
- Lol creative forumnb
- VPN to Portugal lolAQUTE
- shapesalad3
Satoshi?
- NBQ001
Another good video from this channel.
- Milan0
Two of the most popular crypto-buying apps in Canada – Shakepay and Newton have 2-3 week verification delays because they're overloaded with new users.
- sounds like two solid companies with robust infrastructure to accommodate financial transactions for their users... shittiest timeline we live in.jonny_quest_lives
- grafician1
Oh boy
https://www.newscientist.com/art…
"Bitcoin mining emissions in China will hit 130 million tonnes by 2024"
"This figure exceeds the annual carbon emissions of countries including Italy and the Czech Republic.
By 2024, bitcoin mining in China will require 297 terawatt-hours of energy and account for approximately 5.4 per cent of the carbon emissions from generating electricity in the country."
- China ‘built over three times as much coal plant capacity as the rest of the world in 2020. Congratulations. Fuck. And fuck bitcoin.********
- Someone needs to sell them some CoalSwitch™shapesalad
- CoalCoinmicrokorg
- China ‘built over three times as much coal plant capacity as the rest of the world in 2020. Congratulations. Fuck. And fuck bitcoin.
- drgs0
Pi-Cycle top has signaled, usually this means a top within 3 days.
It's a retrofitted indicator, doesn't have to hold etc, but it made me think:
Coinbase is getting listed on the Nasdaq exchange 2 days from now, 14. april. It makes sense to have some kind of blow off top then.
- nb0
@drgs Are you really actually going to short Bitcoin?
That is some ballsy shit
- NBQ000
Breakout?
- nah, same breakout as 10th April, where It retraces back, so still chance to buy in lower.shapesalad
- my price target is £44510shapesalad
- for a limit buy in.shapesalad
- 63K+NBQ00
- https://www.amazon.c…sted
- 61k-48ksted