Damn wish I woulda put more in Cardano. May add more next week.
Bitcoin Price Tracking & Discussion -- 2025
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navyblue81SBR MVP
- 11-29-13
- 4143
#3081Comment -
Goat MilkBARRELED IN @ SBR!
- 03-24-10
- 25850
#3082
Ethereum will be worth more than amazon? Lmfao. You're a fukking idiot.Cause Sleep is the Cousin of DeathComment -
InspiritedSBR MVP
- 06-26-10
- 1789
#3084people are hoping elon tweets about nano. it's jumped to over $17 at one point.Comment -
shadymcgradySBR Posting Legend
- 02-27-12
- 10036
#3085His tweet still makes no sense. I didn't know this but Tesla expects 40% of it's cars to be sold to China in 2022. Tesla stocks might be falling due to weak numbers to Chinese market. China has the most Bitcoin miners and I'm sure a lot of bitcoin whales in China are the ones buying Tesla. So with that dumb tweet, not only is he making BTC fall but also Tesla stock prices will suffer.
Is he smoking crack or did that tweet have a deeper meaning? Let's not kid ourselves. The guy couldn't give two shits about the environmentComment -
marcolocoSBR MVP
- 07-05-10
- 3986
#3086He just gave everyone a gift, price dropped so we can now buy. It will jump back up.Comment -
Ghenghis KahnSBR Posting Legend
- 01-02-12
- 19734
#3087Picking losers? Didn't I dicksmack you and all your friends in the nba picks? You were hating then and your hating now as usual. My last pick I posted on here was a +500 winner thread. What did you post?
Ethereum will be worth more than amazon? Lmfao. You're a fukking idiot.
You have no idea how big Ethereum is and will be in the futureComment -
sportsfunSBR MVP
- 11-05-05
- 1055
#3089some say there is a chance Musk's twitter was hacked? Makes no sense that tweet since Tesla put billions into bitcoin.Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
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sportsfunSBR MVP
- 11-05-05
- 1055
#3091george from cryptorus says this might be one reason of Musk's tweet, https://news.yahoo.com/exclusive-tes...100529265.htmlComment -
MickeyManSBR Hall of Famer
- 10-20-09
- 5091
#3092Comment -
dlowillySBR Posting Legend
- 11-09-16
- 13862
#3093
They also want you to report your gambling wins without being able to claim losses, they want you to list all donated property over $500 accurately including the date it was bought, your basis, it’s condition, fmv when donated, oh and they also would like you to donate to the election fund if ur getting a refund lol.
They can say it’s property all they want but it is getting harder and harder for them to support that with so many vendors accepting it as payment.Comment -
ArkySBR MVP
- 12-09-11
- 1103
#3094A couple of things about taxes:
1. If you have no other sources of income, you can cash out up to $40k/year in crypto tax free. That's right, 0% taxes. This would fit some of us who cashed out their 401K plan and transferred it into crypto. Any other sources of income will have to be subtracted from that $40k number. For example, you get $1500/month in Social Security. $1500 x 12 months = $18k. $18k from $40k = $22K. You can withdraw up to $22K tax free.
This is ideal for the unemployed who stuck everything they had into crypto. I think most of us could get by on $3K+/month (or $40K/year).
2. I often wonder if the IRS is so good at calculating what I owe them, then why don't they send me a form and tell me what I owe them? The answer is: they can't. They are hoping people will volunteer their money. JMO, but I think they have to smell a pretty big rat to come after you..... I don't think they have the time or resources to come after small potatoes....Comment -
navyblue81SBR MVP
- 11-29-13
- 4143
#3095A couple of things about taxes:
1. If you have no other sources of income, you can cash out up to $40k/year in crypto tax free. That's right, 0% taxes. This would fit some of us who cashed out their 401K plan and transferred it into crypto. Any other sources of income will have to be subtracted from that $40k number. For example, you get $1500/month in Social Security. $1500 x 12 months = $18k. $18k from $40k = $22K. You can withdraw up to $22K tax free.
This is ideal for the unemployed who stuck everything they had into crypto. I think most of us could get by on $3K+/month (or $40K/year).
2. I often wonder if the IRS is so good at calculating what I owe them, then why don't they send me a form and tell me what I owe them? The answer is: they can't. They are hoping people will volunteer their money. JMO, but I think they have to smell a pretty big rat to come after you..... I don't think they have the time or resources to come after small potatoes....Comment -
ArkySBR MVP
- 12-09-11
- 1103
#3096I never usually send the IRS anything I don’t get a form on. If I get W2s and other forms from banks and employers, I calculate those, and I use receipts and other things to itemize and deduct. But if I bring income in but don’t get any sort of document or W2 from a company, I’ve never put those in my taxes. If you want me to report it, give me a form and I’ll calculate it in.Comment -
asiagamblerSBR Hall of Famer
- 07-23-17
- 6827
#3098Elon is not stupid. He didn't just learn about bitcoin energy consumption. There is definitely something else at playComment -
dlowillySBR Posting Legend
- 11-09-16
- 13862
#3099Elon looked like he ate some Bitcoins on that SNL appearanceComment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#3100A couple of things about taxes:
1. If you have no other sources of income, you can cash out up to $40k/year in crypto tax free. That's right, 0% taxes. This would fit some of us who cashed out their 401K plan and transferred it into crypto. Any other sources of income will have to be subtracted from that $40k number. For example, you get $1500/month in Social Security. $1500 x 12 months = $18k. $18k from $40k = $22K. You can withdraw up to $22K tax free.
This is ideal for the unemployed who stuck everything they had into crypto. I think most of us could get by on $3K+/month (or $40K/year).
2. I often wonder if the IRS is so good at calculating what I owe them, then why don't they send me a form and tell me what I owe them? The answer is: they can't. They are hoping people will volunteer their money. JMO, but I think they have to smell a pretty big rat to come after you..... I don't think they have the time or resources to come after small potatoes....
Greater confiscation attempts are coming before any reset occurs, but mostly there will just be low hanging fruit that they'll make an example out of. That's my best guess.Comment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#3101Can any of you recommend a book where you can wager with BTC and no hassles? I of course will wait til we see $80k coming soon to a theater near you.Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#3104ADA at ATH of $2.00 right now. ETH on fire too.
Alts been playing catch up big time over the last month. I have a feeling BTC might run up again soon.Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37366
#3105Where's the fuckin power box, Carol?Comment -
louisvillekidSBR Hall of Famer
- 08-14-07
- 9262
#3106Plus, I think I read somewhere in past year that from 2010 to 2020 the IRS budget keeps getting slashed and they've lost over like 10k employees.Comment -
pilebuck13SBR Posting Legend
- 05-15-15
- 17918
#3108Bought ADA 2 years ago glad I did idk how I feel about the recent hype but it’s not a shit coin idk I’m probably gonna buy more rnComment -
BeatTheJerkBARRELED IN @ SBR!
- 08-19-07
- 31794
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bigtymer56SBR MVP
- 07-31-12
- 4742
#3113Uh oh, Elon bringing down the market with BTC fud tweets. Seems like the BTC maxis have made him angry.Comment -
themike78SBR MVP
- 07-01-13
- 4873
#3114Yes. Bitcoin will go down about another $30,000 tonight. And then on Tuesday it will be worth around zero.Comment
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