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/biz/ - Business & Finance


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File: 521 KB, 628x710, btc news .png [View same] [iqdb] [saucenao] [google]
4749948 No.4749948 [Reply] [Original]

>“It’s bad…I think it’s gonna end in a very confrontational way between Bitcoin—even Bitcoin holders and users—and the US Government.”

>> No.4749997

>Sorry, goyim you're not allowed to become rich.

>> No.4750088

>>4749997

/BIZ LIED
YOUTUBERS LIED
TWITTER SAID MOON
REEEEEEE!

UNCLE SAM ISN'T HAVING IT!

>> No.4750108

Mother fuck the government. God damn overbearing authoritarian fucking goons.

>>OMG PEOPLE ARE GETTING RICH AND WE ARENT CONTROLLING IT
>>SOMEONE HURRY UP AND MAKE IT ILLEGAL JESUS CHRIST

>> No.4750146
File: 80 KB, 725x483, SPECIALOFFICER.jpg [View same] [iqdb] [saucenao] [google]
4750146

>>4749948
>US government implies crypto is real money and should be taxed
>biz thinks regulation=criminalization

>> No.4750167
File: 110 KB, 1280x1117, 1512020293951.jpg [View same] [iqdb] [saucenao] [google]
4750167

Glad I'm leaving this godforsaken country soon

>> No.4750168

>buy bitcoin
>get shot

>> No.4750180

Calm down tards. This just means people can't get away with BTC money laundering.

>> No.4750197

>>4750168
Kek

>> No.4750199

>>4750167
Same. Fuck this shit.

>> No.4750207

>>4749948
If even 10% of crypto holders call and lobby fir the bill to fail it probably fail. Almost no one ever calls Congress about anything, when people start calling constantly about something it really can affect votes. Ds are behind this bill and Rs control Congress, democracy is not just a meme and believe me I am a cynic, but coordinated lobbying is possible. How many Senators children and grandchildren do you think own crypto?

>> No.4750210

To being a criminal they have to catch you first.

LOL

>> No.4750218

>>4750180
Money laundering and drugs are the fucking driving force behind bitcoin. DUH.

>> No.4750233

>>4750088
Uncle Sam more like Uncle Shlomo

>> No.4750236

>>4749948
>>4750180
>tax the rich liberals said
th-thanks Occupy Wallstreet
laughingbankers.jpg

>> No.4750253

>>4750167
Glad you're leaving mongrel

>> No.4750256

>>4750167
where are you going i need a nice cheap place with young whores everywhere.

>> No.4750265

>>4750236
Kek

>> No.4750299
File: 21 KB, 744x89, bite.png [View same] [iqdb] [saucenao] [google]
4750299

>>4749948
>bitcoin regulated like other assets
>"AHHH it's over"
You didn't really expect this shit to take off without being regulated, did you?
Clear regulations open the door for serious investment from major financial institutions.

>> No.4750367

>>4750299
Serious investments from (((major financial institutions))) don't make me rich

>> No.4750419

>>4750168
this jej

>> No.4750426

>>4750233
Dubs of truth

>> No.4750436

>>4749948
Hahaha how's Trump and the repubs treating you now you fucking faggots

>> No.4750465

>>4750436
>Dianne Feinstein

>> No.4750471

Good time to buy XMR

>> No.4750479

>>4750299
Fuck (((major financial institutions)))

>> No.4750483

>B-B-BUT MUH ROADS!

>> No.4750499

>>4750367
Neither does excess volatility. Maybe you get lucky and ride a pump and never catch the inevitable fall. But they provide some stability, I for one would much rather see linear trends than the bipolar shitshow we have now.
Crypto is propped up almost entirely by dumb and irrational money.

>> No.4750518
File: 72 KB, 788x685, 7.jpg [View same] [iqdb] [saucenao] [google]
4750518

>tfw not a US cuck and can cash out

>> No.4750531

>>4750465
Well then I fully support this

>> No.4750538

>>4750471
>XMR
Illegal now

>> No.4750557

Seriously why the fuck don't we start an ICO that aims to lobby politicians to be pro-crypto? If fucking Citigroup can buy-out Obama for $1m, then we could crowdfund a couple million through an ICO and lobby the US government to become pro-crypto.

>> No.4750567

>>4750465
>B-B-But Leftists support freedom!

>> No.4750585

>>4750465
>stein

>> No.4750617

>>4750567
Racist xenophobic asshole detected. Evil like you is what we have to deal with in Trump's America.

FUCK.

>> No.4750630

Feelsbadman for you burgers
Unknown amount of Monero
hope you really MAGA some time

>> No.4750635
File: 341 KB, 600x387, 7a4.png [View same] [iqdb] [saucenao] [google]
4750635

>>4750465

>> No.4750679

>>4750617
Fuck OFF faggot

>> No.4750690

If this gets passed, will it moon my XMR?

>> No.4750698

>>4750617
Absolutely
muh Trump, Racism, Sexism, Xenophobia
All while you are working 60+ hrs a week for something beginning to resemble toilet paper
B-but drumpf

>> No.4750708

>>4750253
Why do nazi larpers like jew dick up their ass so much?

>> No.4750714
File: 25 KB, 240x240, IMG_1567.jpg [View same] [iqdb] [saucenao] [google]
4750714

Back to 9k we go

>> No.4750725
File: 49 KB, 468x575, prop4.jpg [View same] [iqdb] [saucenao] [google]
4750725

>>4750617
TURN 'EM IN ANON! TURN IN ALL YOUR BTC AND SHITCOINS! SHOW TRUMP WHO'S BOSS!
https://www.youtube.com/watch?v=vzDO86iSKWU

>> No.4750904
File: 521 KB, 2647x3107, 1510588248461.jpg [View same] [iqdb] [saucenao] [google]
4750904

>> No.4750934
File: 386 KB, 2048x2732, 1510180508584.jpg [View same] [iqdb] [saucenao] [google]
4750934

>>4749948
>>4749997

>> No.4750956

>>4749948
man this fucking piece of shit country. for reals.

>> No.4750969
File: 234 KB, 900x1200, 1511442895633.jpg [View same] [iqdb] [saucenao] [google]
4750969

>>4750167

>> No.4751025

>>4750256
thailand you dumb cunt

>> No.4751108

WHAT I HAVE TO PAY TAXES IF I CASH OUT!?!?! B-B-BUT I WORKED SO HARD FOR ALL THESE VIRTUAL CURRENCY GAINS! HOW DARE THEY!!!

>> No.4751189

>>4750557
Good idea but non of us know how to do that shit. Also ico is illegal

>> No.4751207

>>4751025
crypto is illegal in thailand

>> No.4751230
File: 157 KB, 444x440, 1483942584153.png [View same] [iqdb] [saucenao] [google]
4751230

>Implying this bill won't take years to actually get anywhere
>Implying there's assurance this will even pass

You guys are freaking out over literally nothing

>> No.4751232

>>4750207
>If even 10% of crypto holders call and lobby fir the bill to fail it probably fail.

Like with net neutrality?

>> No.4751261

>>4750367
Yes they do dummy

>> No.4751286

>>4750567
>Corporate Democrats
>Leftist
Pick one

>> No.4751292
File: 67 KB, 709x765, sad pepe.jpg [View same] [iqdb] [saucenao] [google]
4751292

>>4751108
you have to pay taxes on every transaction between cryptos too.

>> No.4751322
File: 1.25 MB, 350x268, everyone.gif [View same] [iqdb] [saucenao] [google]
4751322

>>4749948
I dont even fucking understand that statement, it's too complicated. Buy more, more haters means more value.

>> No.4751331

>>4751292

Luckily my Bittrex account isn't associated with my name, and as far as the government will ever know they'll just know I bought some ETH and BTC from Coinbase that move off to another wallet

>> No.4751365

"Sorry Uncle Sam, I lost all my money on Link and Digibyte."

It's that easy. They can't prove shit.

>> No.4751761
File: 65 KB, 673x789, 936.jpg [View same] [iqdb] [saucenao] [google]
4751761

The eternal amerimutt strikes again

>> No.4752295
File: 177 KB, 557x605, 1470595264110 - Copy.png [View same] [iqdb] [saucenao] [google]
4752295

>>4751292
someone pays someone for something: [ income tax ]
someone sells something to someone : [ sales tax ]
someone sells something for more than they bought it for : [ capital gains tax ]
someone dies : [ estate tax ]
someone doesnt pay tax: [ taxes tax ]

>> No.4752457

>>4751207
Philippines then. Crypto is legalised

>> No.4752529
File: 32 KB, 1172x675, 1490851665698.png [View same] [iqdb] [saucenao] [google]
4752529

>>4749948
Unironically move to Canada.

>> No.4752615

>>4749948

Okay, but what are our rights? I can't buy food or pay my rent with Bitcoin, yet.

>> No.4752624

>>4752529
is that a OC pepe?

LEGIT

>> No.4752660
File: 1.96 MB, 268x325, Tidus prepares to laugh.gif [View same] [iqdb] [saucenao] [google]
4752660

>>4750168

>> No.4752666

>>4752624
APU

>> No.4752677

God I hate this country so much

>> No.4752838

>>4750253

Sadly, those that stay will have to deal with the millions of mongrels like the one pictured, and their exponentially growing offspring.

>> No.4752930

HAHAHA
the first time i am happy to be in germany
german cucks are super slow regarding regulations so i can give a shit and accumulate

>> No.4752960

time to buy monero and other full privacy coins? like hell, as if they could ever know how much I have on my ledger.

>> No.4752990

>land of the free

>> No.4753066

redphase3

>> No.4753132

>>4752295
this fucking pisses me off, I'm just going to sell my houses to my kids when I'm old as fuck

>> No.4753221

>>4750146
we just need these old fucks to get out of office so we can have a modern government.

>> No.4753251

The IRS is a fucking vile organization. Illegal operation.

>> No.4753368

>>4753132
I always wondered what’s stopping people from just giving their kids the property and having an agreement where they live in it until they die.

You have to trust your children not to be assholes and screw you over... but if they were then why would you will them your property in the first place?

>> No.4753393
File: 22 KB, 480x360, hqdefault.jpg [View same] [iqdb] [saucenao] [google]
4753393

>>4749948

HAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHAHAHHAAAAAAHAHHAHAHAHAHAHAHHAHAHAHAAHAAHAHAHHA

>> No.4753407
File: 1.99 MB, 332x215, cage.gif [View same] [iqdb] [saucenao] [google]
4753407

>>4750299
>regulation
>bitcoin
pick one

>> No.4753448

>>4753407
The exchanges

>> No.4753486

>>4753368
gets complicated with multiple heirs. if one of them wants to sell their share, the others have to either buy him out or he can force a sale. it only takes one black sheep to ruin it all. on the other hand, giving your property to only one (or some) of your kids might create some resentment or jealousy issues that might be more detrimental to the family than just paying the death tax...

>> No.4753522

>>4750617
>if not irony, pls kys
>not even amerifat or rightwing over here

>> No.4753576
File: 41 KB, 472x472, ppcheck.jpg [View same] [iqdb] [saucenao] [google]
4753576

>>4753448
>((((the exchanges))))
>bitcoin
pick one

>> No.4753646

>>4750465
That fucking whore is antigun while having the audacity to conceal carry

>> No.4753647

>>4753576
>You verify at an exchange
>They demand that you show your current holdings on the address you withdrew to
>Otherwise you go to jail

>> No.4753686
File: 82 KB, 217x280, 1499482694498.png [View same] [iqdb] [saucenao] [google]
4753686

How the fuck can they even enforce something like that? Once it's on a wallet, the only way they figure out how many coins I have is by taking a battering ram to my door, grabbing all of my hardware, then trying to decrypt my wallet and guess my password. Are they really gonna go that far and spend millions of tax payer dollars to stop me from having privacy? No, I don't think so.

>> No.4753707

>>4753686
How does it get on that wallet?

>> No.4753738

>>4753448
just make more like nigga just move them over seas like pirate bay nigga

>> No.4753777

>>4753486
>>4753368
IIRC part of the problem is you can't sell a house for less than. market value. You can't just hook your kids up with a $5 footlong deal and give away your land like that.

I've heard this is how corporate farms are decimating family farms by priving the family out, as several acres of prime farmland fetches millions

>> No.4753806

>>4753777
Pricing*

>> No.4753838

>>4753777
What if your kid takes a loan, buys the house for market price and then you give the money back to your kid to pay off his loan?

>> No.4753840

>>4753647
How about they go suck nigger dick?

>> No.4753872

>>4749948
Whoops lost my private key and no longer have any bitcoins

>> No.4753881

>>4752295
Don't forget the Obamacare penalty! Thanks Obama for making poor people even poorer.

>> No.4753886

>>4753840
They haven't specified how they will do things and this is the only possible way to track someone's fund, by forcing them to admit where they sent it out from the exchange wallet.

>> No.4753912

>>4753872
>Until you move them around and they notice it and decides to contact you about it

>> No.4753913

>>4753886
Create a new wallet. What then nigger?

>> No.4753921

>>4749948
Nobody can cash out so whats the deal???

>> No.4753927

>>4749948
>Dianne Feinstein
EVERY FUCKING TIME WHY THE FUCK IS SHE BEHIND EVERY SINGLE PIECE OF AUTHORITARIAN LEGISLATION AND WHY DOES CALIFORNIA KEEP ELECTING SATAN

>> No.4753940

>>4753913
They still know it's you, and even if you pretend to have bought someone you will need to file a report on what you bought. They know where you sent the coins from the exchange.

>> No.4753961

>>4753940
bought something*

>> No.4753997

>>4753940
what about the previous bitcoin holders like myself? How will they track me down when my keys are generated offline on a paper wallet?

>> No.4754018

>>4753997
I don't know, this is what people should worry about. How far will they go?

>> No.4754074

>>4754018
Decentralized exchanges already exist though, if the gov wants to waste endless resources and time trying to stop bitcoin, by all means be my guest.

>> No.4754081
File: 27 KB, 200x200, 1498106844798.png [View same] [iqdb] [saucenao] [google]
4754081

>>4753940
What if I just have Alt-coins?

>> No.4754098

>>4753940
Let's say we bought super shit coins like Ark,Link or Confido and had a 99% loss?

Are they going to still charge us kek?

>> No.4754211

>>4751292
It's brilliant.

>Buy alt with BTC
>Have to sell 40% of the ALT back to BTC when you buy it because of taxes and then sell it for USD creating three subsequent tax events

Another situation
>Buy 40K worth of an alt with BTC which you got for 20K
>Now you owe 40% of that in capital gains on the extra 20%
>The alt you just bought crashes to nothing
>You now owe 10K plus in taxes with no way to pay for it

Land of the free.

>> No.4754249
File: 723 KB, 400x300, 1508640607657.gif [View same] [iqdb] [saucenao] [google]
4754249

ITS OVER

>> No.4754303

>>4754098
Really they need to make new tax laws for coins because treating them like property is retarded.


They are a new asset class and should be treated as such but the next few years will be rocky as they refuse to get with the times and punish everyone for making them work.

>> No.4754612
File: 99 KB, 908x714, 1456689029807.jpg [View same] [iqdb] [saucenao] [google]
4754612

Democrat here.

We know the racist right, libertarian psychos, and rich white fuckboys make up 99% of the shitcoin user base.

Fuck yes, we're going to make you declare every penny.

Fuck yes, you will be taxed - even higher than ordinary stocks, ideally, since your gains are so easy.

Fuck NO, there's no stopping this.

You won't keep us out of Congress forever, especially with President Shitface a proven foreign agent with record dispprovals.

Better make 2018 count, babydicks.

The Big Blue Wave is coming in November and there is Fuck All you can do to stop it.

After we have a normal fucking government again, you'll pay through the nose just for the privilege of owning crypto. :)

>> No.4754715

>>4754612
this is why i support net neutrality

>> No.4754815

>>4754612
in your dreams kike

>> No.4754831

>>4754249
phenomen raven

>> No.4754859

>>4754612
THE BLUE WAVE IS DEAD YOU FUCKBOI, GET OUT OF THE THREADS AND KNOW YOUR LURKBOY ROLE. TRUMP IS PRESIDENT FOR 8 YEARS...........IVANKA WILL HAVE 4 AND WE'LL KEEP DESTROYING THE DEMS FOR YEARS TO COME ENJOY YOUR TAX CUTS IN CALIFORNIA YA FAGGOT.

>> No.4754959

I don't think the Dems are getting back in power for a pretty long time though. People got really sick their shit and they went the way of the evangelical christians back in the 90s.

Also too, of adoption of crypto keeps going up then the more conservative the population will become because it beats the shit out of asking for government handouts.

>> No.4754987

>>4753838

(((gift tax)))

>> No.4755129

What if 100k of us just choose to go to jail? Best Korea much?

>> No.4755178
File: 70 KB, 626x605, FreeDumb.jpg [View same] [iqdb] [saucenao] [google]
4755178

Who could be behind this bill ?

>> No.4755200

FREEZE SCUMBAG
*bang bang bang*

>> No.4755296

>delete all traces of identity online
>Create new wallet not tired to me
>Coin > xmr > xmr > btc
>Move and be a billionaire in another country

>> No.4755324

>>4750168
The American Dream right there.

>> No.4755436

>>4753707
It comes off my Russian crypto exchange, Poloniex of course.

>> No.4755483

>>4755296
XMR is going to explode.

>> No.4756419
File: 25 KB, 250x241, pppunch.jpg [View same] [iqdb] [saucenao] [google]
4756419

>>4753647
>implying anyone with a couple brain cells ever needs to use (((exchanges))) to be in bitcoin

>> No.4756458

>>4750168
>Have millions of bitcoin
>Get ALS

>> No.4756461
File: 31 KB, 601x508, nocoinerIRL.jpg [View same] [iqdb] [saucenao] [google]
4756461

>>4754612
>the absolute state of deluded nocoincucks