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Anonymous Tue Nov 6 22:50:33 2018 No.11663277 [Reply] [Original]

>you need 21 BTC at $48,000 each to make a sad $1million
>once you sell for (((Fiat))) the state will steal like half of it on taxes
>once you exchange (((Fiat))) for something of actual value like a house you will be paying even more taxes

being a millionaire is fucking impossible

>>	Anonymous Tue Nov 6 22:54:08 2018 No.11663294 >>11663277 No wonder all the early adopters run crypto infrastructure businesses.

>>	Anonymous Tue Nov 6 23:07:58 2018 No.11663389 >>11663277 not to mention by the time it's at 48k per coin, 1 million USD won't even be enough to buy a run-down shack in a bad neighborhood. You'll be looking at 300 million as the entry level for a decent house.

>>	Anonymous Tue Nov 6 23:08:29 2018 No.11663393 >>11663277 thats why you sell at 96k

>>	Anonymous Tue Nov 6 23:09:48 2018 No.11663404 >>11663389 I the next 4 years? Don’t think so, dummy.

>>	Anonymous Tue Nov 6 23:11:44 2018 No.11663417 >>11663277 Why would you sell to fiat and then buy a house? Just buy a house with the BTC. You'll owe cap gains, but that should be around 15%.

>>	Anonymous Tue Nov 6 23:13:04 2018 No.11663426 >>11663277 Long term gains taxes are like 15%

>>	Anonymous Tue Nov 6 23:14:33 2018 No.11663440 >>11663277 You'll be able to buy a house for bitcoin once it's worth $50k, you fucking dumbass.

>>	Anonymous Tue Nov 6 23:47:00 2018 No.11663639 File: 48 KB, 748x564, 11313139.jpg [View same] [iqdb] [saucenao] [google] >>11663277 I wonder who posted this thread?

Anonymous Wed Nov 7 00:03:55 2018 No.11663735
File: 3.20 MB, 2951x9999, nocoiners dead.jpg [View same] [iqdb] [saucenao] [google]

>>11663389
You haven't learned anything yet don't you?

$100k is coming within the next 5 years. The point is, $1million of TODAY is shit nothing, unless you are one of these frugal autists willing to live in some shithole.

>>	Anonymous Wed Nov 7 00:05:01 2018 No.11663740 >>11663440 Why are you retards thinking about $50k as if it's comming within decades? it's around the corner dumbasses.

>>	Sage Wed Nov 7 00:07:23 2018 No.11663749 >>11663735 1mm with 5% annual returns is 50k a year That's more than most neets have now

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