I told you Trump would attack bitcoin

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  • Snowball
    BARRELED IN @ SBR!
    • 11-15-09
    • 30047

    #1
    I told you Trump would attack bitcoin
    IRS Crackdown on Bitcoin Exchange Fuels Privacy Worries The federal government is ramping up pressure on a leading digital-currency company to turn over a vast amount of its customer records as part of a tax-evasion probe

    The federal government is ramping up pressure on a leading digital-currency company to turn over a vast amount of its customer records


  • TheMoneyShot
    BARRELED IN @ SBR!
    • 02-14-07
    • 28672

    #2
    Interesting article.

    1. What if you only used Coinbase to purchase coins? And never sell?

    2. Also the article indicates only users from 2013-2015.

    3. There is no way they could trace 6.2 million customers and bitcoin/address transaction codes for EVERY TRANSACTION. Have fun gov.


    Again, they are simply looking for a US Residents who are moving 100k+ transactions. Who are making substantial gains. I don't think they would waste their time looking for the bitcoin user for wagering purposes.
    Comment
    • jtoler
      BARRELED IN @ SBR!
      • 12-17-13
      • 30967

      #3
      Highway robber coming.
      Comment
      • TheMoneyShot
        BARRELED IN @ SBR!
        • 02-14-07
        • 28672

        #4
        Originally posted by jtoler
        Highway robber coming.
        US Govt trying to get a grip on things. I find it practically impossible.
        Comment
        • Snowball
          BARRELED IN @ SBR!
          • 11-15-09
          • 30047

          #5
          Bitcoin is competition to their currency
          they will kill it just like they kill silver
          only even worse because they will say it supports
          criminal activities.
          Comment
          • jtoler
            BARRELED IN @ SBR!
            • 12-17-13
            • 30967

            #6
            Originally posted by TheMoneyShot
            US Govt trying to get a grip on things. I find it practically impossible.
            Seems rather easy to do to me. And before it happens Id expect more exchanges claiming theft and/or security breaches with tons of btc's stolen.
            Comment
            • DwightShrute
              SBR Aristocracy
              • 01-17-09
              • 102938

              #7
              The IRS got the court order last year and served it to bitcoin in December 2016. It's right there in the article? And yes its in English from what I can tell. Trump became president Jan 20th, 2017 right? So where is the connection to Trump?



              IRS are cuunts
              Comment
              • TheMoneyShot
                BARRELED IN @ SBR!
                • 02-14-07
                • 28672

                #8
                Originally posted by Snowball
                Bitcoin is competition to their currency
                they will kill it just like they kill silver
                only even worse because they will say it supports
                criminal activities.
                Anything is possible. I just don't see how the US Govt can get an absolute 100% LOCK on this? It's like the shakedown on offshore wagering many years back. People still found a way to do it.

                If bitcoin was somehow just in the USA.... I could see it happening. But because everyone world wide is doing it... how can the USA stop it? The only way is exactly what the article stated... INVADING YOUR PRIVACY. Which naturally is unconstitutional.
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                • jtoler
                  BARRELED IN @ SBR!
                  • 12-17-13
                  • 30967

                  #9
                  Originally posted by DwightShrute
                  The IRS got the court order last year and served it to bitcoin in December 2016. It's right there in the article? And yes its in English from what I can tell. Trump became president Jan 20th, 2017 right? So where is the connection to Trump?



                  IRS are cuunts
                  Youre a retard.
                  Comment
                  • jtoler
                    BARRELED IN @ SBR!
                    • 12-17-13
                    • 30967

                    #10
                    Originally posted by TheMoneyShot
                    Anything is possible. I just don't see how the US Govt can get an absolute 100% LOCK on this? It's like the shakedown on offshore wagering many years back. People still found a way to do it.

                    If bitcoin was somehow just in the USA.... I could see it happening. But because everyone world wide is doing it... how can the USA stop it? The only way is exactly what the article stated... INVADING YOUR PRIVACY. Which naturally is unconstitutional.
                    Where was the shakedown on offshore gambling for the U.S.? Bush only did minimal things, they didnt really go after it for us, they could and can if they choose to.
                    Comment
                    • Snowball
                      BARRELED IN @ SBR!
                      • 11-15-09
                      • 30047

                      #11
                      Trump is keeping Obama's IRS chairman in place.

                      The problems for bitcoin is that it doesn't exist, it has no intrinsic value
                      and it is not a government-issued currency either. Long-term, I don't expect
                      it to survive. Say this and get bashed wherever you say it, people are so irrantionally
                      defensive about bit "coin".
                      Comment
                      • DwightShrute
                        SBR Aristocracy
                        • 01-17-09
                        • 102938

                        #12
                        Originally posted by Snowball
                        Trump is keeping Obama's IRS chairman in place.

                        The problems for bitcoin is that it doesn't exist, it has no intrinsic value
                        and it is not a government-issued currency either. Long-term, I don't expect
                        it to survive. Say this and get bashed wherever you say it, people are so irrantionally
                        defensive about bit "coin".
                        I doubt that Trump even cares about bitcoin at the moment and chances are he never will care. Who knows. He definitely never attacked bitcoin as the thread title suggests is all I am saying. I think you just got emotional about it (understandably so) and goofed. We all do. No biggie.

                        The rest of your post I concur.
                        Last edited by DwightShrute; 03-27-17, 04:27 PM.
                        Comment
                        • reigle9
                          SBR Posting Legend
                          • 10-25-07
                          • 17879

                          #13
                          Originally posted by jtoler
                          Youre a retard.
                          Facts are definitely the enemy of you people.

                          It's awesome when braindead pieces of shit call other people retards. The fukkin internet in a nutshell.
                          Comment
                          • TheMoneyShot
                            BARRELED IN @ SBR!
                            • 02-14-07
                            • 28672

                            #14
                            Originally posted by jtoler
                            Where was the shakedown on offshore gambling for the U.S.? Bush only did minimal things, they didnt really go after it for us, they could and can if they choose to.
                            Well... I think losing Paypal and Neteller was a huge blow.

                            I guess all the US could do with Bitcoin is basically tell companies like Coinbase etc to restrict US Citizens.
                            Comment
                            • Snowball
                              BARRELED IN @ SBR!
                              • 11-15-09
                              • 30047

                              #15
                              Originally posted by DwightShrute
                              I doubt that Trump even cares about bitcoin at the moment and chances are he never will care. Who knows. He definitely never attacked bitcoin as the thread title suggests is all I am saying. I think you just got emotional about it (understandably so) and goofed. We all do. No biggie.

                              The rest of your post I concur.
                              How did I goof or get emotional ?
                              you make my point. Can't even discuss news about the damn bitcoin
                              without people getting their panties in a knot. It's bad. Sorry but the IRS is after
                              bitcoin. People just don't want to believe that governments care about their money
                              and that people should care if their money is spent on something that doesn't even exist.
                              These are facts, not emotions. Insiders like Jamie Dimon, Christine Lagard, and Jack Lew
                              have all said bitcoin will not last. There is no common sense involved in bitcoin mania,
                              it's like a cult. I'm out of this thread, should have never posted the news.
                              Last edited by Snowball; 03-27-17, 04:34 PM.
                              Comment
                              • reigle9
                                SBR Posting Legend
                                • 10-25-07
                                • 17879

                                #16
                                Originally posted by jtoler
                                Where was the shakedown on offshore gambling for the U.S.?
                                .......................................

                                yup, dumb kid as i expected

                                the entire online poker industry in the US was shutdown by the us government 6 years ago
                                Comment
                                • DwightShrute
                                  SBR Aristocracy
                                  • 01-17-09
                                  • 102938

                                  #17
                                  Originally posted by Snowball
                                  How did I goof or get emotional ?
                                  you make my point. Can't even discuss news about the damn bitcoin
                                  without people getting their panties in a knot. It's bad. Sorry but the IRS is after
                                  bitcoin. People just don't want to believe that governments care about their money
                                  and that people should care if their money is spent on something that doesn't even exist.
                                  These are facts, not emotions. Insiders like Jamie Dimon, Christine Lagard, and Jack Lew
                                  have all said bitcoin will not last. There is no common sense involved in bitcoin mania,
                                  it's like a cult. I'm out of this thread, should have never posted the news.
                                  all I am saying if you goofed with the title of the thread..... I told you Trump would attack bitcoin.

                                  It isn't accurate. Just correcting you is all. Not gonna get into debate about it with you because there isn't anything to debate. And I sure as heck ain't getting my panties in a knot.

                                  Trump didn't become president until 2017 and this article showed the IRS started all this last in 2016. End of story.
                                  Comment
                                  • jtoler
                                    BARRELED IN @ SBR!
                                    • 12-17-13
                                    • 30967

                                    #18
                                    Originally posted by reigle9
                                    .......................................

                                    yup, dumb kid as i expected

                                    the entire online poker industry in the US was shutdown by the us government 6 years ago
                                    And I still play poker every day go figure. Besides we're talking about sports gambling.
                                    Comment
                                    • Snowball
                                      BARRELED IN @ SBR!
                                      • 11-15-09
                                      • 30047

                                      #19
                                      Originally posted by DwightShrute
                                      all I am saying if you goofed with the title of the thread..... I told you Trump would attack bitcoin.

                                      It isn't accurate. Just correcting you is all. Not gonna get into debate about it with you because there isn't anything to debate. And I sure as heck ain't getting my panties in a knot.

                                      Trump didn't become president until 2017 and this article showed the IRS started all this last in 2016. End of story.
                                      Dwight. The IRS is run by the exective branch. Trump runs the IRS.

                                      "This week, the IRS filed new documents in federal court to compel"

                                      The IRS is trying again to make Coinbase turn over information about certain of its account holders. Citing data that it suggests proves noncompliance with tax laws, IRS wants to review data from U.S. Coinbase account holders who traded in bitcoin from 2013 to 2015.
                                      Comment
                                      • DwightShrute
                                        SBR Aristocracy
                                        • 01-17-09
                                        • 102938

                                        #20
                                        Originally posted by Snowball
                                        Dwight. The IRS is run by the exective branch. Trump runs the IRS.

                                        "This week, the IRS filed new documents in federal court to compel"

                                        https://www.forbes.com/sites/kellyph...-account-data/

                                        ya I remember all those rallies he had. All I heard was build the wall, replace obamacare, kill bitcoin, crooked Hilla


                                        Ok man. You're right.
                                        Comment
                                        • themike78
                                          SBR MVP
                                          • 07-01-13
                                          • 4873

                                          #21
                                          Originally posted by reigle9
                                          .......................................

                                          yup, dumb kid as i expected

                                          the entire online poker industry in the US was shutdown by the us government 6 years ago
                                          That's not true. All they did was go after the big sites like poker stars and ultimatebet. A lot of the smaller places stayed open. I continued to play no problem.
                                          Comment
                                          • themike78
                                            SBR MVP
                                            • 07-01-13
                                            • 4873

                                            #22
                                            I really think eventually bitcoin will be just like what happened to netteller. They will ban it in the US because they will say it's only used for illegal activities. Which pretty much is true. Regular people are not using bitcoin like they thought would happen and bussiness are not accepting it like they said was going to happen.
                                            Comment
                                            • MarBen
                                              SBR Hustler
                                              • 05-31-16
                                              • 50

                                              #23
                                              Trump = Dickhead
                                              Comment
                                              • reigle9
                                                SBR Posting Legend
                                                • 10-25-07
                                                • 17879

                                                #24
                                                blind trump haters = poor people that im impressed know how to work the internet
                                                Comment
                                                • miltonschwartz
                                                  SBR Sharp
                                                  • 02-28-17
                                                  • 431

                                                  #25
                                                  whats the score on silver? anyone have a clue? im thinking about dumping my stack to get back into the game. Giants buried me last night. I need to make a move
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