Gold Member BOHICA Posted February 19, 2021 Gold Member Share Posted February 19, 2021 https://www.cnbc.com/2021/02/19/bitcoin-hits-1-trillion-in-market-value-as-cryptocurrency-surge-continues.html Quote Link to comment Share on other sites More sharing options...
Anler Posted February 19, 2021 Share Posted February 19, 2021 Youre going to lose everything! The fed is shitting themselves over all of these corps considering converting cash into bitcoins. Those chickens are coming home to roost! Quote Link to comment Share on other sites More sharing options...
Gold Member Stephen Hawking Posted February 19, 2021 Gold Member Share Posted February 19, 2021 Wasn't there a thread here telling everyone to get rid of bitcoin? Pretty sure I saw one? Anybody? Bueller? Quote Link to comment Share on other sites More sharing options...
Anler Posted February 19, 2021 Share Posted February 19, 2021 17 minutes ago, Stephen Hawking said: Wasn't there a thread here telling everyone to get rid of bitcoin? Pretty sure I saw one? Anybody? Bueller? yeah Grampa Simpson started a thread a while back. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted February 19, 2021 Platinum Contributing Member Share Posted February 19, 2021 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 19, 2021 Share Posted February 19, 2021 It’s worth zero until you cash in. Do it now before there’s a run. Its really a horrific investment. Quote Link to comment Share on other sites More sharing options...
Anler Posted February 19, 2021 Share Posted February 19, 2021 (edited) 4 minutes ago, Mainecat said: It’s worth zero until you cash in. Do it now before there’s a run. Its really a horrific investment. You dont need to cash it in you can buy stuff with it. And the "Horrific" investment is the highest returning asset of ALL TIME. Like over 1,000,000% gain in 10 years. Edited February 19, 2021 by Anler Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted February 19, 2021 Share Posted February 19, 2021 Pigs get fed. hogs get slaughtered. I do see how Apple, Musk, Square etc are adding a bunch of bitcoin to their balance sheets, and more places are accepting it. Still not enough protection and regulatory oversight for many of the big banks and brokerages though. Jones has a 4 page opinion on it, I'll see if I can get it up later. Going riding! Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 19, 2021 Share Posted February 19, 2021 2 hours ago, Anler said: You dont need to cash it in you can buy stuff with it. And the "Horrific" investment is the highest returning asset of ALL TIME. Like over 1,000,000% gain in 10 years. Your at a casino and your up beyond your wildest dreams. Cash out. Don’t pull the lever anymore. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted February 19, 2021 Share Posted February 19, 2021 1 hour ago, Mainecat said: Your at a casino and your up beyond your wildest dreams. Cash out. Don’t pull the lever anymore. some people like to gamble. I would certainly take some off the table. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted February 20, 2021 Share Posted February 20, 2021 Let her roll . He got in cheep with mad money .imho stupid to pull the plug now world is changing fast Quote Link to comment Share on other sites More sharing options...
F3600 Posted February 20, 2021 Share Posted February 20, 2021 I grabbed a 1040 to work through for my kids taxes, low and behold, the first question right after his name and address. “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” For a valueless gamble that is a intangible ghost product, the Feds certainly seem interested in knowing if you have any. 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted February 20, 2021 Share Posted February 20, 2021 12 hours ago, Mainecat said: Your at a casino and your up beyond your wildest dreams. Cash out. Don’t pull the lever anymore. You said that when I originally posted my account back in August. It has tripled since then. Quote Link to comment Share on other sites More sharing options...
Anler Posted February 20, 2021 Share Posted February 20, 2021 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted February 21, 2021 Share Posted February 21, 2021 19 hours ago, F3600 said: I grabbed a 1040 to work through for my kids taxes, low and behold, the first question right after his name and address. “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” For a valueless gamble that is a intangible ghost product, the Feds certainly seem interested in knowing if you have any. of course, they want their taxes on the gain Quote Link to comment Share on other sites More sharing options...
Anler Posted February 21, 2021 Share Posted February 21, 2021 1 hour ago, Angry ginger said: of course, they want their taxes on the gain And that's the rub, the govt is gonna make a shitload on capital gains with crypto. They are making all of the exchanges comply with alot of new regulations so they can collect the taxes. Quote Link to comment Share on other sites More sharing options...
Anler Posted February 24, 2021 Share Posted February 24, 2021 Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted February 25, 2021 Share Posted February 25, 2021 On 2/19/2021 at 1:49 PM, Mainecat said: It’s worth zero until you cash in. Do it now before there’s a run. Its really a horrific investment. Lmfao You got it here boys time to go all in Hey Mc what do you think your stock is worth before you cash it in ? . Us currency is the horrific investment at least bitcoin has no multi trillion debt putting it at major risk Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted February 25, 2021 Platinum Contributing Member Share Posted February 25, 2021 Yeah...wasn't me Quote Link to comment Share on other sites More sharing options...
Anler Posted February 25, 2021 Share Posted February 25, 2021 32 minutes ago, Skidooski said: Yeah...wasn't me And there is the value of bitcoin and proof that it is NOT the best means for criminals to use. Its a digital ledger and is completely transparent. Wish I was one of those 2010 buyers... Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted February 27, 2021 Author Gold Member Share Posted February 27, 2021 Dang Bitcoin is off like $11,000 from its recent high! Quote Link to comment Share on other sites More sharing options...
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