1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[FSP]

I can agree that most people didn't go from poverty to millionaire in two months, but even if you didn't get rich, you could've positioned yourself beautifully if you were mindful and fought the greed impulse.

I know someone who came in with like 4k, and now they're up around 40k. Not rich, but should the market pick up n approach the levels of this prior bullrun, that 40k can EASILY hit 1.5 millie level, with the right picks.

I hope so honestly and before we got lost in argument that was what I was originally trying to say..this shyt ain't over

 

[Supa]

An someone school me on what's happening with VEN tomorrow? I'm reading about some deadline for a node or something, but another article today says VEN will still be on exchanges like Binance. I hold a lot of it and it's still on Binance and I don't have any wallet to put it in. Am I fukked?

You got 10,000 VEN?

It's not a coin swap. You don't have to do anything. It's only for people to opt in for a node.

 

[I Really Mean It]

You got 10,000 VEN?

It's not a coin swap. You don't have to do anything. It's only for people to opt in for a node.

Lol...no. Close to 1,000 tho

 

[I Really Mean It]

I can agree that most people didn't go from poverty to millionaire in two months, but even if you didn't get rich, you could've positioned yourself beautifully if you were mindful and fought the greed impulse.

I know someone who came in with like 4k, and now they're up around 40k. Not rich, but should the market pick up n approach the levels of this prior bullrun, that 40k can EASILY hit 1.5 millie level, with the right picks.

Going from 4k to 40k aint rich by any means, but damn that would still feel good.

 

[Supa]

SPHTX added to Kucoin.

I know the volume on Kucoin is low but is it going to get a quick pump?

 

[FSP]

Going from 4k to 40k aint rich by any means, but damn that would still feel good.

Waiting for the next government financial meltdown Is that fukked up?

 

[SadimirPutin]

'I lost more money in Bitcoin than most people will earn in a lifetime'

This motherfukker here

 

[Supa]

'I lost more money in Bitcoin than most people will earn in a lifetime'

This motherfukker here

Turned 70K into 7 million and then took out a loan for 14 million

He wanted 100 million, a yacht, and a sports team

 

[SadimirPutin]

Turned 70K into 7 million and then took out a loan for 14 million

He wanted 100 million, a yacht, and a sports team

cryptocurrency has turned people into legit idiots

that hodl philosophy is bar none the dumbest investment strategy I have ever heard...

 

[Perfectson]

the us captial gain tax is eating folks alive.

this is partly why you see btc diving...regulation including taxes. Imagine making $300k, spending $250k on buying a house and then get a capital gain tax hit for $125k.

 

[Supa]

the us captial gain tax is eating folks alive.

this is partly why you see btc diving...regulation including taxes. Imagine making $300k, spending $250k on buying a house and then get a capital gain tax hit for $125k.

Be a dumb ass who spends the majority of the money before paying taxes


I posted the Reddit thread with the guy who specializes in crypto taxes and he said the IRS isn't really killing people like that. He says people were typically paying 20-30% sometimes lower. Just pay your taxes.

 

[Perfectson]

Be a dumb ass who spends the majority of the money before paying taxes


I posted the Reddit thread with the guy who specializes in crypto taxes and he said the IRS isn't really killing people like that. He says people were typically paying 20-30% sometimes lower. Just pay your taxes.

lol, even 20-30% is a shock to people who weren't paying taxes and didn't know until this year that they were on the hook for it.

 

[Perfectson]

People are starting to realize that a lot of early adopters are actually just really lucky idiots. A lot of them don't have a clue of where to go from here and it's painfully obvious. Some of these guys don't care about the infrastructure improvements or paying due process. That's why even though i don't like Roger, at least he's not a dumbass.

haha, I said this probably 600 pages ago (Nov / Dec 2017) and was viciously attacked.

@Houston911

did you learn your lesson about Shugg?

 

[4-Rin]

the us captial gain tax is eating folks alive.

this is partly why you see btc diving...regulation including taxes. Imagine making $300k, spending $250k on buying a house and then get a capital gain tax hit for $125k.

Always remember to put aside taxes first whenever you get that come up.

 

[Supa]

lol, even 20-30% is a shock to people who weren't paying taxes and didn't know until this year that they were on the hook for it.

No one's bailing on crypto because of taxes.