There's an unlimited amount of bagholders for Ripple. There's a cliff at 4k, if it breaks through that it'll fly

Panic sell yet?

Haha, not yet.

make sure you get in at the top

quick question if I were to purchase an item with my btc gains without cashing out to FIAT would that still have to be taxed?, trying to figure out ways to not pay tax without ending up in jail and legal ways on any gains I intend on making.

i believe you'd have to pay taxes. not sure how though

Yep, every purchase with BTC constitutes a sale of property. The IRS views BTC as property.

darn it felt like a grey area since the gains are hypothetical until i cash out? and since btc is meant to be anonymous and decentralized from banks as i understand it, would seem impossible/difficult for them to prove it right? ( the more i think of it it sounds illegal lmao question is am i willing to role the dice though)

would that be the same in South Africa? ( I know the IRS is american but, surely things can't be that different?)

MCC Crypto Crew Volume 4: Buy high, sell low is a way of life

Latest email from PBC:

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Let me explain why we're doing this.

Over the last few weeks, my team and I have spent a great deal of time and energy making available a number of resources...
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well, some of the online precious metals dealers will take bitcoin, so you could theoretically buy gold, stowaway on a cargo ship and take that to a jewelers shop in asia and sell for cash and lay low for the rest of your life, but thats kind of a lot to go through just to dodge taxes.

In South Africa, any investment withdrawal under R40 000 for the year 2017 is exempt from Capital gains Tax. Over and above that you will have to pay tax

Sauce:http://www.sars.gov.za/TaxTypes/CGT/...Exclusion.aspx


You would pay sales tax (VAT) and possibly import tax and customs duties if you're buying from abroad. It does not count toward your earnings if you dont convert it to fiat. Crypto is currently considered a commodity at best.

However, you will not be able to purchase anything of significant value such as a house,big boat or a new car. Essentially anything which requires your KYC/FICA documents in order to buy. And get away with not paying tax.

Buying small items with BTC is kinda stupid, considering the exhorbitant transaction fees $6 - $20

My advice: Spend a couple bucks for a consultation with an accountant to discuss your situation with regard to taxes

WinnerRipple were my biggest bags. No way I'm falling for that one again. The once in a blue moon pump followed by weeks of despair.

this

Yeah I never hold Ripple. There's massive bags out there. I bought at 2980 and sold at 3873. The quickest 20% (30%?) i've made to date

ps. idk how to figure out the percentage i just profited. kek

2+2 is 4 minus 1 that's 3 quick maths

I like this one...

These alts ain't loyal is definitely the winner.

Top divided by the bottom minus 1. ~30%. Hell of a flip. Nice work

BTC leaving humanity and Alts behind. Thanks for checking back in with us BTC for a few weeks.

patiently waiting for the next dip so i can add more at $5.7K

same. feelsbad;(

Fixed



Alts on same pattern as yesterday. Hit lows about an hour ago and then rally for several hours. If it follows yesterday, expect daily high in a few hours.

I had a sell order on Zen yesterday and it got up to the amount, started to fill and then headed back down 10%. Got a whopping 0.7 Zens filled. Such is life in crypto.

BTC usually sees a pump a few days after the dollar loses value. And it looks like we're headed that direction now. Probably will hit 9k by the end of the month.

Guys, got a nice pump and dump tip.

https://support.binance.com/hc/en-us...s/115002790072

There's a competition tomorrow for Block Mason. It will pump the price. I'm going to buy now before the competition, and put a sell order at 30 percent higher.

That ******* shiller $ineed still post in here? Or did everyone finally realize he’s full of chit?

holy crap my ripple bags got sold!!!

Can finally root for BTC after dropping my LINK bags for it