/biz/ - Business & Finance

what the actual fuck.. fuck burgerland

>>16324954
Yeah, crypto is pretty much dead

>>16324954
>You'll earn $10 in crypto after we take your person information.

>>16324954
wow so you get free $10? sign me up!

who the FUCK uses kikebase? you use binance if anything. Also most DEXes are scams.

>>16324954
Come to Binance

>>16325028
which you then have to pay capital gains tax on. sweet.

>>16325035
I use coinbase to send money from my bank account to exchanges

I will never use binance

Just waiting for the last dip (5,000$) to go all in and erase all my exchanges accounts

Don't worry, binance.us, kraken, bittrex, and gemini won't be far behind.

I'm done with crypto. It's as gay and regulated as stocks, but without the variety and 200% more manipulation.

>>16325035
Yeah but at some pint you have to cash out. Literally fuck the USA. This place has turned to shit.

>this will only take a couple of minutes
>unzips pants

>>16325035
who the FUCK uses toilets? you use streets if anything. Also most portapotties are scams.

Everything is gonna shift to DEXes now and get even more wild and even more hard to regulate just like CZ said. Well done you fucking idiots.

>>16325043
only if you cash out

>>16325035
I use coinbase. THis is what I do:

Bank account -> Coinbase -> USDC -> Metamask Wallet -> DEX

Since my portfolio is literally only ETH/DAI/USDC and a few ERC-20 tokens, that's all I do. I don't owe coinbase any tax shit whatsoever for that activity.

>>16325072
>dexes
toplmao. literally all dexes are either scams or about to get shut down

>>16325079
I'm not a wagie, I have to cash out sometimes. I don't pay my taxes in France tho (neither in USAfrica)

>>16325072
oh yeah because a public blockchain is so
hidden, right? enjoy having every one of your TX recorded on a dex. At least binance attempts to obfuscate your trading data.

>>16325084
you know IRS know that you have money in cryptos?

you know I can't send 100,000 euros to literal scam exchanges?

Crypto is officially over.

>>16325084
>I don't owe coinbase any tax shit whatsoever for that activity.
Yes you do, any crypto to crypto transaction is taxable in burgerland. Luckily im safe in canada, fuck all of you kikes.

>>16324954
>KEK MY WIFE INTO PIECES-
>THIS IS MY TAX INFO-
>HUMILIATION, JUST LOSSES
>GET FUCKED BY COINBASE AND MY BOSSES

>>16325084
Fiat to crypto is taxable, crypto to crypto is taxable

You know what these greedy pieces of shit will probably try to ban crypto (for proles) in the future anyway.

>>16325107
>>16325131
I only owe them for the very LAST transaction. So I send USD to coinbase, convert to USDC and send it to private wallets /DEXs to trade ETH and other coins. I don't have to record any of the shit that happens until the very LAST instance of me sending USDC back to coinbase to cash out into USD.

So basically fuck all those "taxable events" where the IRS wants to collect for every single conversion from one coin to another. They will never get those records from me. They will only get the final amount, which I will then self report on how much of a profit it actually was when I Cash out. IF I decide to even report it. REMEMBER that coinbase only auto-reports accounts that have over like 1,000 transactions in a single year. They wouldn't report an account with like 3 transactions.

>>16325045
>last dip

>>16325195
but why is the initial USD to USDC not taxed?

>>16325204

Fake and gay fuck off

>>16325214
Naww sweetie

>>16325131
>Fiat to crypto
wrong. only when he sells

>>16325207
Because that wasn't a net gain or loss? You literally convert $10,000 USD to 10,000 USDC. that is not a taxable event.

>>16324954
>here's $10 as compensation
AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

>>16325195
but technically the conversion from crypto to USDC is taxable, is it not? whatever gains you made in USD market value gets taxed. The conversion from USDC wouldn’t incur any further taxes since USDC isn’t going to appreciate in value before you move it onto the DEX

it really is over isnt it? What options do we burgers have, Is binance US better than coinbase pro after this? If they already have my info whats the worst that could happen if Im a good goy and just give them what they want. I just wanted to trade some crypto why do they have to take this away from us

This is completely normal for every stock trading or forex site though, it saves you alot of hassle and stress if they figure it all out for you at the end of the year anyway.

>>16325084
You're wrong. YOu will get an 1099K for those transactions.

>>16325242
yes but hes not converting the usdc to other crypto on coinbase you dumb goy

>>16325028

>>16325255
ah I see

>>16324954
HAHAHAHAHAHAHAHHAHAHAHAHAHAHAH

OH MY FUCKING GOD ITS REAL
NO NO NO NOOOOOOOOOO
FUCKING US GOVERNMENT PIECES OF SHIT
FUCK FUCK FUCK
MOMMY, I NEED MY MOMMY

>>16324954
OOOOOOOOOHHHHH SAAAAYYYYYYYYYYYYYYY CAAAAAAAAAAAAN YOOOOOOOOOOOOOUUUUUUUUUU SEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

LAND OF THE """""""""""""""""""FREE""""""""""""""""""
LMFAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Here's my advice don't fuck with the irs you can't win have a portfolio that you trade shitcoins with and never plan on cashing out on coinbase also have a portfolio through coinbase that if another bull run happens it's full of trades your willing to pay taxes on to be legit

>>16325339
>just surrender to your jewish masters bro

Mutts are slaves, if you are not an US citizen you can write whatever you want on this tax report

Does anybody know the specific name of the fraud where a brokerage takes your money and says you hold something without actually purchasing it? I believe many firms do this in BTC to basically make money shorting their client's supposed holdings and capture the difference.

>>16325372
>tripfag
>on anonymous board
>Calls other slaves

wew

>>16325072
>regulations
>Crypto
You must pick only one

>>16324954
Needs to be a decentralized crypto broker , can keep them and the government out of the affairs of buyers.

>>16325396
if you want adoption you need regulation
being an US citizen sucks but they have what they deserved

>>16325335
Fuck FUCK

I need a new fiat gateway

whats the best alternative to cuckbase? gemini?

>>16325396
Yea because everybody loves having these derivative exchanges that hold massive amounts of bitcoin and trades against their OWN fucking clients in order to liquidate them and reap in massive profits. THat's like going to a Casino and being ok with the house being able to look at your cards AND having a rigged deck of cards.

>>16325214
Not gonna be the last. See you fags at 1k. Can’t wait for suicides

>>16325448
you still don't get it? there are no alternatives. All exchanges have the same regulations. If there are few that still don't they eventually will or get shut down

>>16325048
he thinks you can cash out.
You can't cash out. You're here forever.

>>16325477
If btc would fucking Scale it if something like RSR would finally become functional then we wouldn’t have this problem

Until then we are going to be captive to this bulshit

>>16325515
This. Why would anyone ever cash out. Eventually you will be able to buy everything using crypto or some stablecoin. Just keep converting USD to some stablecoin in some exchange, and then convert that stablecoin to crypto in a DEX or via some other mechanism OFF of a centralized exchange. THen just move your money to private wallets and HODL. In a few short years you'll be able to convert your crypto to some stablecoin that will be accepted even at your local grocery store, and there you go you'll be set to never pay crypto taxes in your life.

>>16325047
this. at least with stocks the kikes will keep printing fiat to prop up the clown market indefinitely.

>>16325043
>he hasn't accumulated hundreds of thousands in capital loses from the 2017-2018 bull run

>>16324954
>>16325335
>people make fun of coinmetro for having a 'strict' KYC
>coinbase ends up being more strict than CM
apologize
kevin called this shit a long time ago and you didn't listen

>>16325207
fiat to crypto is not a taxable event and receiving crypto as a gift is not a taxable event

>>16325247
VPN

Binance (not US)

>>16325397
link will help create that unironicalli

>>16325035
>use binance if anything
>Also most DEXes are scams

>>16325374
that's called robinhood

>>16324954
That's not the same message I got.

>>16325893
Coinbase gave my informations to french police once because I made a donation to an illegal far right movement

>>16325019
The mutts are SO cucked, its one of the least free countries on earth. The mutts brainwash themselves by repeating.
>We are the freest nation on earth
>We are the freest nation on earth
>We are the freest nation on earth
>We are the freest nation on earth
>We are the freest nation on earth

>>16325045
> erase my exchange accounts
I hope you know that deleting your accounts =/= deleting the personal information stored about you lol.

I pay my crypto taxes so this isn't a big deal

>>16325045
>the last dip
thats January newfag

>>16325757
>kevin
fuckin tard, the writing has been on the wall for a while now. Go back to your pathetic cult

>>16325931
how the fuck do you profit off crypto-to-crypto tax? seems like that would bleed you dry

>>16325475
> 1k
see you at zero fren

>>16325940
no

>>16325925
i don't care about the fake infos I gave them, i just want them to know i will never give them a single $

>>16324954
last month they scammed me from the promised "50$ in EOS" "if you send us your info KYC.
the submit button kept glytching and my information was submitted...but it wasnt submitted.
so they took my info, but i wasnt able to get my promised "50$ in eos".

after that i wrote them some emails, told them their faggots, and that ill buy 1600$ bitcoin from cex.io
and its what i did. i deleted my coinbase account. i asked them if it was worth it.

IMAGINE how much your information is worth if they are promising you even 10$ for it, and they still scam you and not give you the money.

THEY WILL RAPE YOU IN THE ASS

>>16326000
you did good, you did what i did, the right thing.
i payed probably 50$ in fees for cex.io to buy 1600$ worth of bitcoin.
thats money coinbase will never see, because they jewed me out of a "50$ worth of eos" scam.
i made sure i tell them that.

>>16325757
>Coinmetro USD ramp

its a new euro exchange like many others.

>>16325997
You can’t just put names on things that don’t correspond to the cycle chart. Well I mean you can but then you’d be retarded

you used to only need to do this if you have over 20k in trades during a year. did they change the policy or is OP just a retard who didn't know it's been like this for years?

>>16325791
im scared of my funds being frozen Idex somehow realized I was on a vpn afraid of binance doing the same and locking my account

>>16324954
So what's so bad about it? If the coinbase is gonna pay taxes for me it's cool. I'll be withdrawing legal no questions asked.

>>16326000
Are you going to quit this board forever when you’re wrong on this dip prediction?

>>16325035

Waves dex is legit and pretty nice overall

>>16326000
>no
Kek, so not only are you new, you can't pull up a chart?

>>16324954
What do you recommend for someone whose never bought cryptocurrency?

>>16326097
http://boards.4channel.org/biz/thread/16261675http://boards.4channel.org/biz/thread/1626167516261675

>>16325918
Oi, you have a lisoince to repeat yourself like that m8?

>>16325093
Frenchbro how do you make money? How much money do you have? I had a look at some nice penthouses in pattaya but they cost like fucking 500k+ EUR

>>16325450
Quit whining, I have literally never been liquidated or had any problem with any of the leverage exchanges. Keep your leverage to no more than 5x and you will not have any problems

>>16326432
multiple scams (insurances and welfares bucks) big balls will get you big money

no need to buy them, why would you freeze +500,000 euros in a fucking boomer asset like RE tho

>>16326398
The funny part is a hair dresser, requires a licence in the land of the FREEEEEEEEEEEEEEEEEE.

>>16326449
Nice, welfare bucks are only like 600 euro/month in my country tho
>no need to buy them, why would you freeze +500,000 euros in a fucking boomer asset like RE tho
true, how much is rent for a similar one as yours?

Is anyone planning on selling through an alternative exchange (possibly DEX)? Fucking government is such a leech

>>16326545
I don't know I don't pay to live in this flat but don't expect anything under 100,000 THB per month.

There are penthouses way nicer than this one in Pattaya but they are way too much overvalued, you can make offers of half their prices and the owner will be okay to sell them to you...

Real estate in Pattaya is a shit show, condos are all empties - only poorfags condos are full (lumpinis)

>>16324954
Cuckbase has been a joke for a long time - make the switch to coinmetro bros, it's the next meme magic.

>>16326576
more like 70,000 THB sorry
100,000 is 3000 euros and no one is going to pay this for a condo in Pattaya top kek

>>16324954

Valve has my SSN for the marketplace too, big woop. You dumb fucks bitch when the guberment wants your data for taxes but not when megacorps steal it, sell it and conduct mass surveillance on you.

Since seeing the warning i have had a torrent of loosy poopy all day. I’m actually low iq, i treated this shit like anything on a screen, as a game.
if I get labeled clinically retarded do you think the tax man will give me a pass. I’ll never try to trade again, I was just trying to see if I could get a bigger number than before. Should I drink a bunch and do an iq test with a doctor before tax season? I’m so retarded I just kept putting money into crypto and when drunk would try to trade. Sure I have losses but since crypto to crypto is taxable I’m worried that they’ll say I was realizing gains. Fuck I wish I was less retarded or more retarded. I am basically homeless, will they take my sleeping bag and cellphone?

>Valve has my SSN for the marketplace too, big woop. You dumb fucks bitch when the guberment wants your data for taxes but not when megacorps steal it, sell it and conduct mass surveillance on you.

Does anyone else that isn't a burger have this page >>16325335 on their account?

I didn't get the warning when I logged in.

>>16324954
USA is one of the least free crypto nations. Even Europe has more freedom.

>>16325128
based poetry

>>16325335
>waaahhhhh I don't wanna pay reeeee
If you want crypto assets to ever be taken remotely seriously by anyone outside the tiny community presently involved in them, you will pay taxes like every trader of every single kind of asset does.
Ok faggot?

>>16325908
Based af frenchbro. Thanks for your support.

>>16325335
Jesus fucking Christ its over

bump
anyone? >>16326861

do you think they've just put this on everyones account? i pay my taxes in my shithole, im not going to talk to my accountant about shartland taxes.

>>16324954
>You'll earn $10 for thoroughly doxxing yourself and your trading history.
The absolute state.

> Being a US trader
Did you know PATRIOT fucked you out of any and all decent opportunities LOL

>>16325335
Told you guys.
Futures trading was the death sentence for bitcoin. 20k was really the top.

>>16324954
Got instantly verified after telling them to fuckoff.
I am a yuropean

>>16327598
you agreed to irs form w8-ben?

>>16325918

FUCKING REKT AMERIBURRGERSS

based coinbase saving the money from every gambling degenerate kiddie

>>16325757
>Imagine doubting the forehead.
Fucking kek /biz/ is for a rude awekening.

>>16325035
Coinbase is cheapest to buy bitcoin.
Then i transfer all to binance to trade.

>>16326449
>Moroccan sandneger scammer welfare leeching on Europe

Sounds about right. You’re not French and you never will be Ahmed, drop that cringe shit. You’re a Moroccan.

>>16325908
ok frenchbro is now based

I'll get 1k loan next week and wont pay ever again, and look at you paying your taxes lmao

>>16327413
swecuck here, got the same page. not the massive fucking warning tho like OP.

>>16326545
The penthouse he posted is for sale at 2.5 million USD.
He doesn't live there, took selfie when the real estate agent was out of view.

>>16325101
>IRS knows I lost my entire 401k on REQ
I'm so scared

>>16325089
by definition dexes cannot be scams or shut down. you /biz/ pajeets use cexes masquerading as dexes like IDEX or whatever crap and think yourselves crypto experts, what a joke

>>16327772
gotta give the shitskin props, it's pretty funny ignorant burgers ITT are praising him for his donation to "illegal far right groups". in france that means radical mosques, you fools

>>16326576
>>16326581
Thanks for the info

>>16327772
He looks French

>>16327933
Really? Who would pay that much to live in pattaya

>>16325047
The true red pill. It’s clear as day that regulation is here which means the days of moon missions are over. Cope all you want. Crypto is done.

>>16324954
but what if ive never done taxes before because im a NEET whos never had a job?

>>16327902
are you just going to ignore it and see what happens on the 31st?

>>16328182
>dexes cannot be shut down
imagine being dumb enough to believe this

>>16325397
what the fuck

>>16328196
Yes really, it's one of the most expensive units for sale now. Pattaya isn't that cheap and the THB is at all time high.
Most of the Pattaya crowd can't afford such an expensive place, but it's probably priced for the few very wealthy guys that come here.

>>16328196
By the way you can't rent anything like this penthouse for 70000thb, a nice place sure, but nothing like it.

What is it that you guys want? Getting rich right?

>>16324954
ABRA and BRD are the best US exchanges for fiat to BTC and alts. You hold your own and less fees

https://www.youtube.com/watch?v=6PBhMHnwtvQ

>>16328331
>>16328346
Guess Thailand is not at all cheap anymore. Can you get anything decent for 20k thb?

>>16328453
Yeah plenty of decent rooms at this price.

>>16328453

Who the fuck wants Thailand anyway? Tourist nightmare that it is.

Mcafee will safe us with he´s new dex

>>16325908
What's the difference between illegal and legal far right groups?

>>16325128
>JUSTed MY LIFES IN PEICES
>CRYPTO'S MY LAST RESORT
>POOS PUMPING
>WHALES DUMPING
>BANKS CALLING AND I'VE CAME UP SHORRRT

>>16328590

>WHALES DUMPING
>BANKS CALLING AND I'VE CAME UP SHORRRT

That is the name of the game though. And it will never change.

>>16328230
yes, I didn't do any trading just buy and hodl

>>16325978
Nobody pays crypto to crypto tax. You pay capital gains taxes, and you have to record every transaction for the IRS, regardless if you make or lose money, so you can show the travel from point a -> b -> c -> d. It's exactly the same way all investments are handled, but for some reason cryptofags think they deserve to get special rules.
It's just the suck rules in the US. If you move a coin, and the price changes, you have a taxable event. And you have to record it.
Don't expect it to change any time soon, either - it's why crypto has no interest in commerce.

exchanges =! crypto
sage

>>16328230
I'm from UK and we don't have IRS but instead HMRC, so this shouldn't be a problem for me but I will find out on December 31st.

>be american
>wageslave for 10 years and barely save up 10k
>decide to put that 10k into crypto
>pay 5% goybase fee
>then 20% crypto to crypto tax
>buttcoins go down 50%
>panic sell
>get taxed another 20%
>cash out whatever is left of your investment and pay another 20% capital gains tax
Such is the life in the land of the free.

>>16329004
crypto IS exchanges

without exchanges there is no crypto market without exchanges all coins = $0

>>16325048
>cashing out to fiat and withdrawing

Get a load of this guy

Withdraw the BTC and then do an in-person trade for dollars or use Bisq

>>16325072
>DEX for regulation evasion

This will be a very temporary situation

When the feds figure out what a DEX is they'll just start arresting the devs for aiding tax evasion and suddenly no one will want to build or maintain them.

The result is that all devs have to be outside the US and not be US citizens. Unfortunately that cuts out large chunks of tech talent in what is already a niche area

>>16325084
>DEX

What DEX can you even use for fiat, Bisq?

We may collect the following types of information:

Personal Identification Information: Full legal name, date of birth, age, nationality, gender, signature, utility bills, photographs, phone number, home address, and/or email.

Formal Identification Information: Tax ID number, passport number, driver’s license details, national identity card details, photograph identification cards, and/or visa information.

Financial Information: Bank account information, payment card primary account number (PAN), transaction history, trading data, and/or tax identification.

Transaction Information: Information about the transactions you make on our Services, such as the name of the recipient, your name, the amount, and/or timestamp.

Employment Information: Office location, job title, and/or description of role.

Online Identifiers: Geo location/tracking details, browser fingerprint, OS, browser name and version, and/or personal IP addresses.

Usage Data: Survey responses, information provided to our support team, public social networking posts, authentication data, security questions, user ID, click-stream data and other data collected via cookies and similar technologies. Please read our Cookie Policy for more information.

https://support.coinbase.com/customer/en/portal/articles/2940649-what-is-the-gdpr-

>>16329014

In fact yes, Americans might have a hard time trading crypto currencies now the way they used to. But in the end they still can... it is just way harder to bypass taxes as of now. And I admit that I am sitting here as a European, worrying myself... the tax man is not easily bypassed. Unfortunately

>>16328182
>by definition dexes cannot be scams or shut down

This is the dumbest post I've ever read


>can't be scams

The whole point of an exchange is that it acts as a counterparty when matching trades - so you trade with the exchange and the exchange trades with the other guy.

Can you seriously not see a way for them to fuck you during this process?

>b-buh muh smart contract

Do you have the knowledge to personally audit smart contracts? No? Then you're at risk of getting fucked

>can't be shut down

The exchanges themselves can't but the developers certainly can. Better hope if they're not US citizens then their government doesn't have a close personal relationship with the US (or doesn't try and fuck these guys themselves)

>>16329229
I wonder why no exchanges accept US customers

>>16325220
>>16325204
congitive dissonance

>>16329087
People get buy&sell in crypto, some even have jobs that pay crypto in unstable countries and there are ATM and street traders.

You wouldn't need exchanges at all to sustain a value above 0. If anything the market is artificially restricted by regulations. And the exchanges are pig pens for the paypigs.

>>16329271
yes pajeets and street shitters can sustain a 50 dollar bitcoin value with their 100 rupee salary

>>16329309
The exchange rate doesn't correlate to their earnings. It's not like anybody is paying them always 1btc regardless of whether its worth $10 or $10k.

But the bigger problem is you can't use it thanks to regulations for trade in the west. If regulations didn't fuck everything up you could have commerce with crypto and that would stabilize it and ultimately allow to work purely in crypto without juggling on exchanges.

Coinbase collecting tax info is nothing new, this shit started happening last year. How new are you faggots?

>>16325048
>at some point you have to cash out
That’s where you’re wrong bucko

>>16329528

True, yet it was not a mandatory right a way do or don't thing.

>>16329591
this still requires KYC
trough the back door
you can only cash out if you cash in first
and since cashing in happens with KYC attached they get your info

Chances are the government already knows about your information. I live in a tax free state and if you're using a credit card or a bank the likely chances of the government knowing that you trade crypto is already there.
All you need to do is put in your Social security and next thing you know.
You're already getting fucked.
Stop trying to freak out when you know that you're already caught.

>>16329528
Sure but they've never had IRS forms on yuro accounts before or I've never seen it. I might just get everything off coinbase before the deadline and see how the land lies after the 31st. I just want to pay tax in my own country and have an easy life ffs.

>>16329722
hello officer

what everybody should do is make the goberment work for their theft, make them spend more money on the process than they will get

you need to prove also that gains were made

and cuck base is going away like all committed to compliance things

>>16329752

I am rich. Yet I could not afford to to into legal battle with the government. The have more money and time ;) You and me, the citizens, are always fucked when we face them

Was just about to make my account here till I came over to /biz/ first. Can anyone give me a quick rundown? Where do I go buy my cryptocurrency now? I wanted to buy now that everything is going down hard.

>>16329810
then you are not rich
you are a fat cow in line for the slaughterhouse
and you like it

the goberment is a bunch of people that take money from the good goy and give to other to do their bidding

all you have to do is either be dead or make it so you don't feed them

either way they are done for

>>16329872

haha 11
Thank you for this

>>16329839
preferably a small exchange far away from your jurisdiction

>>16329872

Now, back to reality.. the only people you can't get out of paying what they are owed, is the government. Taxes. We all hate them, yet, you can not legally get out of paying them. Unless your are billionaire tier and have a residency in an according country, and even the, they do check if you factually live there. It isn't easy. Trust me.

>>16329937
you are clearly dumb, maybe you are a woman too

exiting "society" is very easy and I keep my lollies if you know what I mean

taxes are theft and we are entitled to rebel

>>16329937
>trust me you have to accept getting raped
kek

efficient tax restructuring shemes start at 100k /y income.

>>16329959

Yes. But I don not want that dream that many Americans now have.. some shithole on the country side. I want my lifestyle to continue.

>>16329979
the ((goberment)) also wants their lifestyle to continue

but the goy is no more, the damn internet ruined everything

>>16330004

That is exactly what I was explaining to you.. I hate paying taxes, yet I love my live... and there is no way having one without the other. It has nothing to do with the internet either. It used to be like that for my parents too! Before the internet. And seriously, some homestead on the countryside, and a paranoia bunker, and so on.. not my thing.

>>16330076
you lost the moral high ground
it is no longer ok to pay
soon IRS will cost more than it produces thanks to KEKs like me
the only option the goberment has is to print

>>16325387
not the tripfag but you sure sound like a butthurt americunt

>>16330126

I never had the moral high ground (I really hope)
And they print anyway.

>>16326036
I just looked up that specific form and everything says its just for 20k also

>>16324954
how much do you have on coinbase? they wont let you withdraw unless you provide tax?

Why are they such faggots?

Where one is ruled by jews freedom becomes an empty dream.

>>16324954
>doesnt want to pay tax
>demands to use everything thats paid for by tax

great kid, internet sure has made you a moron

>>16328566
legals one suck Israel dicks
illegals one don't

in France it works like this

>>16330367
it's different if you make money globally than if you make money locally. taxing people bringing money into the country, then spending it to subsidize people who run industries that don't generate wealth (if they didn't do it, someone else would) almost all, is just wrong

>>16330539
how much money have you on coinbase? Is it possible they freeze your money if you dont provide tax?

Did they send an email about taxes too to anyone they think has over 20k in sales?

>>16330826

What kind of question is that? Are you from India?

>>16325089
what about bisq

I filled it out an hour ago and have yet to receive my $10. I've literally just been scammed.

>>16330367
Paying taxes on crypto trades isn't the same as paying income tax, sales tax, etc.

>>16331246
Same here kek

>>16328453
>>16328492
go to philippines I can take you guys to 9-10's for cheap

>>16331408
philippines? the place you can't go out with an 8K watch without being robbed?

No thanks

>>16331408

You do not realize, but we are not friendly tourists. Go your own way and do not talk to me again.

>>16324954
this is just the first step, expect a silent replacement of "Bitcoin (BTC)" with "Bitcoin (BSV)" very soon

>>16324954
You'll earn $10 which will be immediately added to the money taxed from you, lol.

>>16331429
Not much different from france sirs

>>16331600
I never got robbed in Paris neither felt I was endangered there

In Bogota and Manila yes

>>16331651
>feeling endangered in manila
rofl faggot

>>16331721
you probably wear 20$ on you

I'm a brinks van

>>16330826
>>16331152
My name is not rakesh. I ask because I figured people would be getting this when logging in obviously, but I am wondering if CB is sending out requests for information. Difference being in the first case they’re just making it mandatory to keep using the service, whereas if they sent out emails to certain people that would mean those people are probably going to get autoreported.

>>16331543
Only if Ali Barber signs off on it

>>16327598
Wait, I have to fill this shit out as a yuropoor? What the fuck.

So corporations pay fuckall taxes, but wagies get their dicks taxed off trying to scrape out a living?
Yeah that's sustainable

>>16331966
America has already collapsed. Its just a matter of time before everyone finally realizes it

>>16331983
get that Boomer out of here. Fuck off somewhere else bugger

>>16331246
same, wheres my 10 kikes

Reeeeeeeeeeeeeeeeeeeeeeeeee

>>16332003
>not willing to accept reality
Hi, Arrogant mutt

>>16329959
Shut the fuck up you literal 12yo
Everything >>16329810 says is correct. I have actually moved countries and done extreme things and still got fucked in the end. It is close to impossible to pull off, and I am not even american

>>16326041
Same here, how the fuck do I get access again?

>>16324954
Thanks for killing BTC

>>16329255
DECENTRALIZED exchanges are not counterparties, you mong. your trade is executed instantly at the smart contract level. the UI is a convenience, all actual dexes can be used by calling directly their functions on the blockchain
i have the knowledge to personally audit smart contracts. wtf are you doing gambling your lifesavings in a hyperspeculative asset if you don't even understand the underlying technology? typical brainlet normie
there's no need for a developer if it's truly DECENTRALIZED. holy shit the sheer retardation on this faggot. smart contracts are immutable and permissionless if built properly, this is the entire point of blockchain
you sound like a link holder. fucking normie scum like you needs to be purged from the internet

>>16332795
>>16329255
>mfw just realised normie retard thinks smart contracts hold your funds
what are signed messages
what is the approve function on erc20s
literally blockchain 101
stick to boomer stocks, retard

>>16332795

> your trade is executed instantly at the smart contract level

while instantly can be a problem, just saying

>>16324954
LAND
OF
THE
FREE

>>16327647
>>16331936
Yes you need to tell them you aren't a american at all, no clue why coinbase is doing this if they are Luxembourg? based or something

>>16325978
You buy REQ and trade back to BTC and report the loss

>>16333683
maybe it's because coinbase pro has every country trading on it

>>16332795
so how do i send money from my HSBC account to a dex you fucking faggot.

The issue is fiat -> crypto. Not crypto->crypto. All the crypto->crypto exchanges dont have this shit

>>16329937
tell that to the businesses and illegals that have jobs

>>16333990
>All the crypto->crypto exchanges dont have this shit
Are you retarded

>>16324954
>can't use binance
>has to pay taxes
HAHAAHAHAHAHA FUCKING BURGERS HAHAAHAH

>>16334011

That doesn't make sense. What exactly are trying to tell me?

>>16324954
anyone mind explaining why IDEX, the DECENTRALIZED FUCKING EXCHANGE, has disallowed American traders?

>>16334066

Ask them? You might not need an explanation after.

>>16326511

Stakenet
https://www.youtube.com/watch?v=yLq7xIjf_hc

>>16324954
it's OGREEEEEE SELLL SELL SELLLLLL reeEEEEEEEE somehow my LINKIES ARE GONE!

>>16329229
Land of the free, home of the slave.

>>16334032
they want a country of lobotomized wagies

Anyone anon here who uses Coinbase has no excuse for not using Coinmetro and getting a few thousand XCM

>>16329200
>When the feds figure out what a DEX is they'll just start arresting the devs for aiding tax evasion and suddenly no one will want to build or maintain them.
right now there's a penalty for anonymous devs, because people think the only possible reason is scam.
Once there's a real risk, people are going to be more accepting of anonymity.

>>16326511
and now the FTC wants to fine $42,000 per video to everyone that uploads on youtube content that "could attract kids", aka any fucking video thats fun/cool/entertaining

ameriburger is so fucked lmao

>>16329178
how does bisq save you? if you transact to your bank they will know

if you really want to go under the radar then use bisq but only for person to person trades for cash

not sure how safe that is tho, since apparently they haven othing b etter to do but to put police there to bust people trying to help their mom with extra 300 bucks

i dont have this but i have like 20k in volume, will i get it soon

whats the issue? you were planning on paying your taxes, right?

>>16329229
what the literal fuck, so glad I moved my funds

>>16330367
>demands to use everything thats paid for by us
fixed it for you

>>16335533
>to bust people trying to help their mom with extra 300 bucks
Checked
Imagine if Dakotaanon gets raided and has his xbox seized. No more halo 3, and to the oil fields he goes

> I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding
what the fuck does this shit mean bros, it says I have to say this is true or I cant enter the tax info

>>16329229
Are there really that many anons here who are afraid to submit this info for what's supposed to be a legit regulated crypto service?
And some are surprised that they're asking for these things in the first place? I don't get it
I could understand being surprised/weary if sites like Binance asked for this stuff

>>16335522
>implying that's not a good thing
YouTube is basically a propaganda platform. It's good that they're stepping in to to at least attempt to fix the mess. Usually I would disagree but times have changed. Kids spend hours a day soaking up all kinds of YouTube content. Inb4 "its the parents job" yeah it is, but the reality is a lot of them don't know or understand the dangers or the impact it might have on their child to literally be bombarded with the kind of content you can find on YouTube and probably don't even know some of the bizarre stuff exists, or the kind of content YouTube actively promotes.

Fuck Google. They can (and do) implant any ideas they want into a kids mind but if you don't like this then you're somehow against ""freedom""

>>16336940
it literally says they spy on your social media posts
yes i think thats way over the top for a crypto exchange
bitmex doesnt even ask my name or anything else

>>16336297
ANSWER MEEE

>>16324954
>Trading crypto is now equivalent to running a business

These taxes will be put into action in Yurop too, give it a year. Stablecoins and anonymous coin bag owners rejoice.

>>16337059
>yes i think thats way over the top for a crypto exchange
crypto is a matter of national security. do you think they will let a bunch of anarchists who hate the state become multimillionaire or trade in/out of shitcoins from different offshore exchanges just like that? every one of you is under surveillance. you can't just use a technology that threatens the usd and expect the states not to know exactly who is who and what they are up to

>>16327598
What did you do - yuropean here

>>16339413
He gave all his informations

>>16329014
>Don't make a Capital Gain
>Pay CGT

>American logic