/biz/ - Business & Finance

SELL EVERYTHING CRYPTO IS JUST A MYTH. ITS NOT MEANTS TO SURVIVE. ITS MADE TO TRANSFER MONEY FROM THE DUMB TO THE SMART GET OUT WHILE YOU CAN

Just took accutane. Feels weird. Short breaths, Lungs starting to hurt.

I MISSED THE MOON AAARRRRRR NOOO IT's MOONING WITHOUT MEEEE

Buying a car and need 35k out of crypto. Red tons of tax info on crypto. Still confused.

Have around $1k in TD ameritrade. 0 in bank.
Have 20k in cash IRS doesnt know about. Wtf do i do ? im going to report long term capital gains. and just count usd and not blockchain protol from coin to coin. My intial investment was around $500 Now have $350k. Teach me anons. How do i deal with this.

`42323 by 23123

>>7625848
>upcoming crazy btc bullrun

MUH DOUBLE TOP

Shill me your coins.

>>7365649
So fucking retarded. You pay capital gains tax when you REALIZE GAINS. if your internet space money goes to 0 you owe zero, idiot.
if it goes to 1Milllion you owe the cap on that amount when you cash out. holy fuck why is this so fucking hard for people to understand. You can do the same thing if you are casually day trading, you pay taxes on the INCOME YOU EARN, so your initial investment is free of tax, but the profits you earn churning/pumping/moving your positions is what is taxed. No, you dont have to fucking sift through every trade you made on binance.

The Irs is not that fucking retarded. It's a pretty simple equation folks
Did your total amount of fiat/wealth increase? pay tax on that increase. Fuck you guys are retarded.

>>6701739
>Have you ever had a job?

>>6696883
T. pic related

sage this aids

>>6363769
K Y S

>>6244741
https://fangalbert.com/2018/01/09/what-is-icon-icx-coin-for-dummies-beginners-guide/
Here faggot dont say /biz never did anything for you

>>6108735
>take out money to buy my dream car

>>6096483
>with full plasma implementation/future hardware

when is that UI coming??

>>5882160
>nobody will pay money for meme tokens

This is the dip, anon-kun. Dont miss the boat. Jan 28th mainnet launches. They already have actual proof of concept (google ICX vending machine)
Only shit coin on the entire board that actually has a fucking product.

https://discord.gg/aaHZDfV
^ Wolves if you want to learn TA/signaling

>>5530898
HOW DOES THIS WORK TOO DIFFICULT FOR ME MAKE A PHONE APP I JUST WANT EZ MONEY OK?

Things bitcoin and crypto have going for it:
>it's new (ish)
>it's fresh
>it's risky
>can make you rich or make you poor
>it's fun
>it's cool
>normies
>attracts gamblers

Things going against bitcoin and crypto:
>it's risky
>normies
>price manipulation
>massive competition which drives prices down
>it's new (ish)
>bad press
>stock market record highs
>exchange hack history
>future hack threats
>potentially bannable by government
>easily copied and/or improved upon potentially crashing the market of the copied coin
>governments could create their own versions and take market capital away from private crypto's
>attracts gamblers
>boomers typically are too skeptical to buy and boomers typically have the most money

>>5186363
>selling the real bitcoin

Another pajeet group with 10 BTC pumps Link and somehow they manage to lose it all.

I'm pleased

>>5066309
is confusing