Bitcoins worth more than gold
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If you want to keep them for the long term a good option is a paper wallet.
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- Making Khmer girls cry since 2003
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I thought they were taxed at ordinary income rates. You have income?DetroitMuscle wrote: Short term capital gains suck. I hope I can make it to this may so I can hit long term cap gains tax rates.
Fucking IRS.
Follow my lame Twitter feed: @gavin_mac
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Slightly off the bitcoin subject, I recall about 20 months ago there was a big drive from the OnceCoin people coming over from Thailand, putting on a few seminars and events attended by very high profile Khmers and others from the business community. As it seemed at the time from someone I knew who got wrapped up in the excitement and promises of quick riches it seems it was just a ponzi scheme. I hadn't given it much thought until today but wondered what had happened with the scheme and to all intents and purposes from the info listed on Wiki is a lot of people probably got screwed here. I wonder how many in Cambodia bought and lost here.
https://en.wikipedia.org/wiki/OneCoin
https://en.wikipedia.org/wiki/OneCoin
National Bank of Cambodia Bans Bitcoin
Published: 07/12/2017 10:36
Hits: 178
Phnom Penh (FN), Dec. 7 - The National Bank of Cambodia (NBC) on Thursday morning released a resolution to all banks and micro-finance institutions in Cambodia to ban the trading of Crypto currency such as Bitcoin.
http://en.freshnewsasia.com/index.php/6 ... inted.html
Published: 07/12/2017 10:36
Hits: 178
Phnom Penh (FN), Dec. 7 - The National Bank of Cambodia (NBC) on Thursday morning released a resolution to all banks and micro-finance institutions in Cambodia to ban the trading of Crypto currency such as Bitcoin.
http://en.freshnewsasia.com/index.php/6 ... inted.html
no replying to those who misinterpret/misread what i write. this aint kindergarten
I thought most of the mining these days were in Chinese mining warehouses with gpu's? I was under the assumption thats the reason why China seems to somewhat legitimized bitcoin as opposed to other crypto's in the last few months. Maybe to try to bring it under control and try to regulate it.batshitcrazyweirdo wrote:Consider it a commodity that is volatile right now. I sold mine.
It is decentralized and people are investing in bitcoin mining like crazy right now in many different countries.
Do not throw it aside like some fad. It is not.
Governments cannot control it, like most think. Just sayin.
Batman
- batshitcrazyweirdo
- Batshit Crazy Weirdo
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China is being clobbered and is now taking measures. Yer info is wrong. It's escalation may dominate the headlines now, but it is volatile. Be patient. Make yer decisions. I did. Kinda hurts its worth more.Gardiguy wrote:I thought most of the mining these days were in Chinese mining warehouses with gpu's? I was under the assumption thats the reason why China seems to somewhat legitimized bitcoin as opposed to other crypto's in the last few months. Maybe to try to bring it under control and try to regulate it.batshitcrazyweirdo wrote:Consider it a commodity that is volatile right now. I sold mine.
It is decentralized and people are investing in bitcoin mining like crazy right now in many different countries.
Do not throw it aside like some fad. It is not.
Governments cannot control it, like most think. Just sayin.
Batman
http://money.cnn.com/2017/11/07/technol ... index.html
I love bitches n gonna fuck Texas and the USA+ right up their god damn ass! Hallelujah!
I saw one of their "company cars" the other day in bkk3, so they might still be around. It was a tiny rusted out Nissan March or something equally crappy with a giant onecoin sticker down the side.tombraider wrote:Slightly off the bitcoin subject, I recall about 20 months ago there was a big drive from the OnceCoin people coming over from Thailand, putting on a few seminars and events attended by very high profile Khmers and others from the business community. As it seemed at the time from someone I knew who got wrapped up in the excitement and promises of quick riches it seems it was just a ponzi scheme. I hadn't given it much thought until today but wondered what had happened with the scheme and to all intents and purposes from the info listed on Wiki is a lot of people probably got screwed here. I wonder how many in Cambodia bought and lost here.
https://en.wikipedia.org/wiki/OneCoin
Bitcoin went from $12,000 to over $15,000 within 24 hours.
"The final straw actually involved my mortal enemy vladimir, who you may or may not know is an insufferable, overposting asshat."
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Trezor or Ledger Nano S. They aren't wallets but you use them to access your coins wallet safely. They hold your private keys to your wallet. So even if your computer has malware, you are protected. Basics of itStarving Pelican wrote:What "wallets" do people use? The best advice seems to be to buy a USB-style thing, eg Treznor
Anyone who doesn't like Capitalism is a pathetic loser. God bless the USA and no place else.
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Short term is taxed at normal income rates. Long term is not. Lol, I have income. My wife has income. Joint filing.gavinmac wrote:I thought they were taxed at ordinary income rates. You have income?DetroitMuscle wrote: Short term capital gains suck. I hope I can make it to this may so I can hit long term cap gains tax rates.
Fucking IRS.
I actually got into the electrician's union.
Anyone who doesn't like Capitalism is a pathetic loser. God bless the USA and no place else.
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- Making Khmer girls cry since 2003
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Correct me if I'm wrong I got a D- in Basic Income Taxation in law school (true story).
It looks to me that if your joint/combined adjusted gross income is under $75,900 per year then you're in the 15% tax bracket, which is what the tax on long term capital gains is. So it wouldn't matter if you sold it as a short term or long term gain.
Maybe your wife is good at business though. I'm not asking if you're in a higher bracket. I'm not crass like son of vladimir.
It looks to me that if your joint/combined adjusted gross income is under $75,900 per year then you're in the 15% tax bracket, which is what the tax on long term capital gains is. So it wouldn't matter if you sold it as a short term or long term gain.
Maybe your wife is good at business though. I'm not asking if you're in a higher bracket. I'm not crass like son of vladimir.
Follow my lame Twitter feed: @gavin_mac
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I hope you are right. I didn't look up our tax brackets recently. I know trumps tax plan changes the brackets. This year I hope you are right.gavinmac wrote:Correct me if I'm wrong I got a D- in Basic Income Taxation in law school (true story).
It looks to me that if your joint/combined adjusted gross income is under $75,900 per year then you're in the 15% tax bracket, which is what the tax on long term capital gains is. So it wouldn't matter if you sold it as a short term or long term gain.
Maybe your wife is good at business though. I'm not asking if you're in a higher bracket. I'm not crass like son of vladimir.
Edit. I just looked it up. You are correct.
Anyone who doesn't like Capitalism is a pathetic loser. God bless the USA and no place else.
I bought bitcoin from an exchange in Singapore. Everything was fine until the exchange cut their link to the banks. They now use some system that only residents of Singapore can use. I was given about ten days to get any cash out. I moved my coins to a Ledger Nano S.
I recently opened an account in Canada on an exchange. Today I looked and see they only deal in cash. So if I sell through them I have to go pick up the money and I am in Asia.
Does anyone know of a credible exchange in Asia in the event I want to cash out some of my investment? I would have to be able to link it up with a bank account. It seems this is getting more difficult as time goes by. I think the banks and governments want it that way.
I recently opened an account in Canada on an exchange. Today I looked and see they only deal in cash. So if I sell through them I have to go pick up the money and I am in Asia.
Does anyone know of a credible exchange in Asia in the event I want to cash out some of my investment? I would have to be able to link it up with a bank account. It seems this is getting more difficult as time goes by. I think the banks and governments want it that way.
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