It just occurred to me that the FBI can probably sell the coins pre-sentencing if Ross consents to the sale but still reserves his right to a trial. Why would Ross consent? He might expect the case to remain unresolved for a long time and wants to cash out before it's too late. That way, cash is sitting for him if/when he is released, as opposed to worthless coins.
Australia - of course it may seem a stretch to call it gambling but we all know it is.
Nice. Another point for Australia.
It's definitely gambling....Playing the market is no different than sitting down at a poker table, one just happens a little faster, but when you lose it all at the table you are a hopeless gambling addict and when you lose at the other you were over extended and the economy took a turn..
I predict March-April is going to be huge for the US. TAX RETURNS pouring into the exchange(s).
I don't think any bitcoiners are getting taxes RETURNED. More likely they owe a crap load of tax, so actually they need to dump.
if you sell off bitcoins to pay tax, you'll have to pay tax on that as well. I don't think a lot of people are going to be selling much...
sell bitcoins locally, localbitcoins.com or on craigslist
how can they find out you sold for profit?
not everyone here is looking to commit fraud/tax evasion.
Not judging you for it tho! taxes suck.
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Re: Google Trends shows more and more Japanese searching the words "Heart" and "Hurt
by
BeatMyBit
on 06/01/2014, 05:46:19 UTC
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Re: To Roth or not to Roth?
by
BeatMyBit
on 06/01/2014, 05:25:25 UTC
I thought about opening a IRA and then I found out you can only deposit a certain % of your reported income per year...I'll stick to my pile of BTCs the gov doesnt know about yet.
No no no not yet! I agreed to sell my 25B coin for $21,000 cash. Meeting him at 10pm going to buy back on coinbase then we can go CHOO CHOO all the way to the moon!
As a wise old man once said "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
Buffett also referred to Bitcoins as "rat poison" ..
No. Munger did. Buffet was fairly indifferent. He said he didn't know enough about them to form an opinion and was going stick to investing the way he always has (In things that "do" stuff)
here is a snippet from the interview
Quote
Charlie Munger: I think it's rat poison. Warren Buffet: Put him down as undecided. Host: Do you understand what they're trying to do with it? Charlie Munger: No, but I regard it as deeply flaky. Host: Deeply flaky, OK, Bitcoin - Bill, what do you think? Bill Gates: I think it's a technical tour de force, but that's an area where governments are gonna maintain a dominant role. Host: Bill, Warren? Warren Buffet: I think either Charlie or Bill is right.