crypto currency discussion

[shocka1212]

soon...........

[Bsims]

Already have mine (doesn't quite look like that one). I think a lot about how all this crpto-madness will play out and I don't know. But whatever develops, I can always look out in driveway and smile.

[shocka1212]

Already have mine (doesn't quite look like that one). I think a lot about how all this crpto-madness will play out and I don't know. But whatever develops, I can always look out in driveway and smile.

base 911? if so, great car

[BeatTheJerk]

soon...........

Hey Silk what line of work are you in pal ?

[Mac4Lyfe]

its gonna be at $1 soon.... just hold for a year.. even if it doesn't move, you'll end up making more by only having to pay 15% capital gains tax as opposed to 35%

I hodl all my crypto now. I bought BTC back when it was $42 and sold at $30 like a dumb ass. Now, I just dollar cost average. Hopefully by the time I cash out, they'll waive capital gains on cryptos or some other incentive.

[jayc88]

Bitcoin will easily go below 10000 next week. Anyone who is buying bitcoin at the moment is doomed.

[mrpapageorgio]

Bitcoin will easily go below 10000 next week. Anyone who is buying bitcoin at the moment is doomed.

[Mac4Lyfe]

Bitcoin will easily go below 10000 next week. Anyone who is buying bitcoin at the moment is doomed.

What's your rationale for this thought?

[Bsims]

IHopefully by the time I cash out, they'll waive capital gains on cryptos or some other incentive.

Yah, right.

[Mac4Lyfe]

Yah, right.

Haha, very wishful thinking huh?? But, one congressman has been trying to push a bill where you can dip into 401k to buy real estate and not pay the capital gains accumulated. It's been picking up steam. He wants to introduce another bill that will forgo capital gains on anything if you use it for real estate purchases. Statistics show that there would be a HUGE stimulus to the economy. He made a very compelling argument. Who knows what we might see in the next decade.

But in the big scheme of things, if you make millions in this crypto shit, do you really care if you have to pay gains? I wouldn't be upset paying taxes if I hit the lotto.

[dlowilly]

I only have 100k units (at $0.02)...

Wishing I had so much more now. If we only had a crystal ball, we'd be having a fukking real ball.

SBR should have filters for certain posters that automatically multiply numeric asset references by .05 and reduce celebrity references by 3 grades (example:A lister to D lister)

[Bluehorseshoe]

I just got bored and bought more BCH. LOL

[ans61201]

What's your rationale for this thought?

He's just one of those guys on this thread. He will beat the same drum and then one day be back to say I told you so not accounting for the 8,722 times he was wrong lol

[ans61201]

ETH of all the top Major coins (not counting xrp in this-for now) has by far been the best performer since the large massive spike a week or so ago by all of them.

Seems like every time btc dips again all of them follow but eth still hanging out in the 700's. if it followed same path as btc and ltc it should be in mid 600's

[d2bets]

Haha, very wishful thinking huh?? But, one congressman has been trying to push a bill where you can dip into 401k to buy real estate and not pay the capital gains accumulated. It's been picking up steam. He wants to introduce another bill that will forgo capital gains on anything if you use it for real estate purchases. Statistics show that there would be a HUGE stimulus to the economy. He made a very compelling argument. Who knows what we might see in the next decade.

But in the big scheme of things, if you make millions in this crypto shit, do you really care if you have to pay gains? I wouldn't be upset paying taxes if I hit the lotto.

Dipping into 401k generates ordinary income, not cap gains. No way they're gonna let anyone escape that.

[Seaweed]

ADA baby!! 🚀

[puckk]

openbazar is adding litecoin, bcash and zcash..... https://www.openbazaar.org/blog/open...ember-20-2017/

[d2bets]

Bitcoin started December at about $9,500. So even if it fell to $10k tomorrow, it would still be up for the month of December.

[puckk]

openbazaar is NOT the unexpected surprise in 2018. It’s still coming. HODL your liecoinsCharlie Lee [LTC] @SatoshiLite 7h7 hours agoThis is the marketplace integration, not the unexpected surprise.

[shocka1212]

Bitcoin started December at about $9,500. So even if it fell to $10k tomorrow, it would still be up for the month of December.

could drop 80 to 90% this week and would have still out performed the 2nd best financial market this year.....

[shocka1212]

Hey Silk what line of work are you in pal ?

Finance (underwriting), Insurance and Real Estate.

[shocka1212]

Shock:

You have opinion on Correlation btw Bitcoin + 2ndary coins?

For example, u expect Cardano to move in unison w/ Bitcoin? Or vice-versa?

Before BCH, the correlation between money flowing out of BTC and into ETH as well as Alt Coins was more prevalent... BCH kind of shook up the market, but it has started to move back into that direction...

[reigle9]

soon...........

I love you and think you're sharp. But I need to advise you on cars.

[puckk]

litecoin card - February 2018 - LitePay card - https://www.litepay.us/

[Seaweed]

Ada🚀

[reigle9]

Hey Silk what line of work are you in pal ?

this is the worst day of my life

i was going to say the silk thing the first time i ever addressed him, but assumed he was early 20s and wouldnt get it

[shocka1212]

this is the worst day of my life

i was going to say the silk thing the first time i ever addressed him, but assumed he was early 20s and wouldnt get it

lol. I got the reference, although I am in my 20's....Im wired a little different, Just a little cultured.

[Arky]

Unless I'm not understanding the picture, there should be some way to transfer crypto in one's 401K. Mine is with Fidelity.

For example, suppose I want to cash out my crypto. I should be able to shoot it into Fidelity and be able to avoid "taxable gains"...... I did this with two small pensions I had coming my way. Lump-summed both of them and had them transferred directly into my Fidelity account thus avoiding taxation..... Someday, perhaps?

[BeatTheJerk]

this is the worst day of my life

i was going to say the silk thing the first time i ever addressed him, but assumed he was early 20s and wouldnt get it

you’re funny my dude, yeah we both thought the same thing on that one !

[shocka1212]

Unless I'm not understanding the picture, there should be some way to transfer crypto in one's 401K. Mine is with Fidelity.

For example, suppose I want to cash out my crypto. I should be able to shoot it into Fidelity and be able to avoid "taxable gains"...... I did this with two small pensions I had coming my way. Lump-summed both of them and had them transferred directly into my Fidelity account thus avoiding taxation..... Someday, perhaps?

going to have to hire a CPA to answer that one for you.

[BeatTheJerk]

Finance (underwriting), Insurance and Real Estate.

Thanks for finally answering lol it wasn’t the 1st I’ve asked you. Anyways nice gigs you seem like a very bright young man with how you present yourself on SBR !

[shocka1212]

Thanks for finally answering lol it wasn’t the 1st I’ve asked you. Anyways nice gigs you seem like a very bright young man with how you present yourself on SBR !

Sorry, missed it the previous times you asked. Thanks man. Appreciate it. Lets make some money.

[BeatTheJerk]

Sorry, missed it the previous times you asked. Thanks man. Appreciate it. Lets make some money.

May I ask when you started to invest into Cryptocurrency ?

[dlowilly]

I may rue this decision later if it doesn't happen but I'm waiting until what I anticipate a selloff of everything early in the new year (to delay taxable gains) to buy buy buy

[Bluehorseshoe]

I guess you can sell Ripple now on Binance.