Quote from: LFC_Bitcoin on July 17, 2017, 06:48:49 PM

You've been here long enough to know this game buddy. Lots of bull shit FUD which shakes out weak hands & noobs. Price was never going to continue to dive.

Come on man!

Close. I run a business here fixing miners and as such I need to make sure I have USD to pay taxes. Thus every quarter I need to convert BTC to cash in order to ensure I have the taxes paid.

This comes from the 1999-2000 Dot.com crash when many of my friends got huge stock options (that needed to have taxes paid upon granting at the strike value received) but then did NOT sell a portion of those stocks for the cash, then had stocks go to zero and found out April 10th that they um... owed a million in taxes, payable in 5 days. Oh and they had no jobs either.

Maximum fuckage. So as a matter of principle I do this religiously even though the amounts are much smaller. :-)

C