I had to pay 40k for a lawyer to get me out of my btc mess regarding taxes. I am so happy I am done with it.. I was involved in it from the beginning. moving money around freely , different banks, cashing out etc etc.. then i finally got out for good when I made a good chunk of money. I have been audited 3 times.. Had some major issues.... it was a nightmare... I am in the clear now but what a headache.
2019 Taxes and Cryptocurrency
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flyingilliniSBR Aristocracy
- 12-06-06
- 41222
#36המוסד
המוסד למודיעין ולתפקידים מיוחדים
Comment -
BeatTheJerkBARRELED IN @ SBR!
- 08-19-07
- 31802
#37Bitcoin Millionaire are we ?Originally posted by flyingilliniI had to pay 40k for a lawyer to get me out of my btc mess regarding taxes. I am so happy I am done with it.. I was involved in it from the beginning. moving money around freely , different banks, cashing out etc etc.. then i finally got out for good when I made a good chunk of money. I have been audited 3 times.. Had some major issues.... it was a nightmare... I am in the clear now but what a headache.
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Chi_archieSBR Aristocracy
- 07-22-08
- 63183
#38most likelyOriginally posted by BeatTheJerkBitcoin Millionaire are we ?
Illini was talking and investing in Bitcoin on the forum back in 2010-15 before most others got in
I remember him getting into Litecoin when it was like a dime back around 2014Comment -
BeatTheJerkBARRELED IN @ SBR!
- 08-19-07
- 31802
#39Originally posted by Chi_archiemost likely
Illini was talking and investing in Bitcoin on the forum back in 2010-15 before most others got in
I remember him getting into Litecoin when it was like a dime back around 2014
Comment -
flyingilliniSBR Aristocracy
- 12-06-06
- 41222
#40Originally posted by BeatTheJerkBitcoin Millionaire are we ?
I had bitcoin before it was even a dollar.... Then I had it at many different stages. The highest I ever paid for it was $32.00, I ended up cashing out for 387k, 319k and 218k, i I would of kept it , I would be done ya know? I sold it before the boom and it got popular but not bad and it is all profit... but just to think if I saved it until now, oh my god... I would be rolling in the money... I have nothing to do with it now , i just use it to fund my books while living in China and Vietnam.המוסד
המוסד למודיעין ולתפקידים מיוחדים
Comment -
BeatTheJerkBARRELED IN @ SBR!
- 08-19-07
- 31802
#41Awesome success story brother !!! What exchanges did you use back then to even purchase Bitcoin ? & what was your initial investment if you don't mind me asking …. Also what was the main reason that made you buy it back then.Originally posted by flyingilliniI had bitcoin before it was even a dollar.... Then I had it at many different stages. The highest I ever paid for it was $32.00, I ended up cashing out for 387k, 319k and 218k, i I would of kept it , I would be done ya know? I sold it before the boom and it got popular but not bad and it is all profit... but just to think if I saved it until now, oh my god... I would be rolling in the money... I have nothing to do with it now , i just use it to fund my books while living in China and Vietnam.Comment -
BeatTheJerkBARRELED IN @ SBR!
- 08-19-07
- 31802
#42I apologize if that is asking for TMI
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