Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Which would place touching the previous ATH into late Q3/early Q4 2014, and actually making a new one into 2015.
I'm okay with that, matches my own (fuzzy, LT) ideas pretty well, but this is probably a hard sell to the salivating bulls that want to break $1000 in 2 weeks from now.
I'm okay with that, matches my own (fuzzy, LT) ideas pretty well, but this is probably a hard sell to the salivating bulls that want to break $1000 in 2 weeks from now.
As much as I'd like to see a rally in 2014, I'm secretly hoping for one in early 2015 instead. Reason being, a) I plan to sell some and for tax purposes would like that to happen after Jan 1st 2015 so I don't have to report any gains until 2016, and b) because I think the rally will go much higher the longer it holds off.
If you are a U.S. resident, you could move coins into a Roth vehicle, up to about 50k USD in value per year. Then you could actually hold them offshore, and have no tax reporting obligations, no FATCA or FBAR reporting, and no tax liability regardless of reporting. Note that I am not a tax attorney and this is not legal advice.
It bears repeating that if we do not make an ATH before an ETP gets listed, the next hype cycle may be a 50x-100x supercycle.
generate paper wallet and hide under mattress?? lol =O
you wouldnt need one
~true i think there has been a bear sleeping in my bed!!! lol
