Btw gold peaked at $1362 again as Armstrong predicted:
Why are you trying to rewrite history? Armstrong did not predict jack shit because he said gold was going under $1000.
Subscribers have been told repeatedly over the past months that $1360s was the near-term peak and $1050 (or below) remains the downside target for the SLINGSHOT move coming.
Nothing has changed in his prediction over the past years.
You fool yourself because youre not a subscriber and you cherry pick sentences out of blogs without incorporating his holistic stance.
PM me your email address and I will send you copies of his past subscriber reports to prove this.
I just traded in moar BTC for gold.
Previously, I was extremely close to having all of my (BTC paid for) gold all covered by BTC profits. I will have to do the exact arithmetic for the IRS, but my buying yesterday means that this purchase (and any others in the future) are just "pure gravy", all profit.
It will take another week or so before I have all my calculations made, and I am still unclear as to what the regulations are for buying GOLD with BTC, how that is to be accounted for. But, once I have the numbers I calculate, our tax gal can figure out how that fits in to IRS rules. None of my BTC has ever been turned into cash (now have I sold any gold for cash).
I highly recommend that anyone who has non-trivial BTC gains prepare such information re taxes. The IRS is using blockchain analytical tools by Chainalysis, they appear to be serious about capital gains (or whatever) when it comes to Bitcoin.There is no way I will get rid of all my BTC, yet I may cash-in ("gold-in"?) a bit more ahead of November's possible New Fork.
These guys "running" BTC (developers and miners) need to grow the fuck up, else, Hell, I may be looking for a new crypto or something.