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Forum ยป MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
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Thread: MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles

post 1639020943 05-20-2021, 11:24 AM
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#3811
  1. JoshSP1985
  2. Anti-Circumcision
  1. JoshSP1985
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Originally Posted By BredRoller⏩
Govt can't keep their nose out of hardly anything.

Crypto was supposed to be something different than the direction it seems to be going thanks to big daddy G.
Lets be honest, anyone that thought G wouldn't get involved once crypto got to a certain size is pretty nieve.
*PUREBLOOD CREW*
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post 1639021333 05-20-2021, 11:28 AM
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#3812
  1. jamalfudge
  2. Throbbing Member
  1. jamalfudge
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Originally Posted By entropy91⏩
Actually it looks like the proposal is making brokerages like coinbase report any transactions over 10k to the IRS.

https://www.google.com/amp/s/www.cnb...-with-irs.html
They're pretty much all already doing that. Most/all reputable exchanges (or ones that play by the rules) were strong-armed into this around 2018.
#
post 1639022483 05-20-2021, 11:43 AM
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#3813
  1. entropy91
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  1. entropy91
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Originally Posted By BredRoller⏩
Govt can't keep their nose out of hardly anything.

Crypto was supposed to be something different than the direction it seems to be going thanks to big daddy G.
It's only when cashing out. If you intend to hodl until the dollar collapse you can negate all of this.
post 1639023073 05-20-2021, 11:52 AM
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#3814
  1. digital022
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  1. digital022
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Your schtick sucks and it screams insecurity.
post 1639023333 05-20-2021, 11:55 AM
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#3815
  1. ghostfacedup
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  1. ghostfacedup
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Really gotta reclaim the 200MA, right around 42k. Otherwise it's dump city.
post 1639023563 05-20-2021, 11:58 AM
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#3816
  1. JoshSP1985
  2. Anti-Circumcision
  1. JoshSP1985
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Originally Posted By ghostfacedup⏩
Really gotta reclaim the 200MA, right around 42k. Otherwise it's dump city.
first going to find out if 40k support can even hold with the latest FUD
*PUREBLOOD CREW*
*DAD CREW*
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post 1639026203 05-20-2021, 12:40 PM
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#3817
  1. mulletwarrior
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  1. mulletwarrior
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Originally Posted By BredRoller⏩
Govt can't keep their nose out of hardly anything.

Crypto was supposed to be something different than the direction it seems to be going thanks to big daddy G.
Well the tax code already exists, you can't escape it. This is just something to help the IRS in its enforcement of laws already on the books. Even wh0res and drug dealers have to pay taxes. Tax evasion was how they got Al Capone.

Once the SEC, CFTC or some consumer protection agency comes in (which will inevitably happen given all the manipulation going on in crypto), then its over boyo.
mo e
post 1639026643 05-20-2021, 12:45 PM
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#3818
  1. camaleom
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Originally Posted By JoshSP1985⏩
Lets be honest, anyone that thought G wouldn't get involved once crypto got to a certain size is pretty nieve.
x10000000000

if there is money involve then G wants its part...

look at how they want to tax EV car in texas because they are not paying the gas tax...
"Paper money is going away" - EM
post 1639026963 05-20-2021, 12:49 PM
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#3819
  1. entropy91
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  1. entropy91
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Originally Posted By mulletwarrior⏩
Well the tax code already exists, you can't escape it. This is just something to help the IRS in its enforcement of laws already on the books. Even wh0res and drug dealers have to pay taxes. Tax evasion was how they got Al Capone.

Once the SEC, CFTC or some consumer protection agency comes in (which will inevitably happen given all the manipulation going on in crypto), then its over boyo.
SEC is already heavily involved in crypto.

People who think agencies can somehow stop this global technology baffle me.

The absolute worse thing they can do is completely ban crypto to fiat trades. While a huge blow, the market would adapt and recover.

They can't even stop people from using drugs.
post 1639027333 05-20-2021, 12:53 PM
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#3820
  1. entropy91
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  1. entropy91
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https://mobile.twitter.com/adamscoch...18097629151232
post 1639028613 05-20-2021, 01:08 PM
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#3821
  1. JoshSP1985
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  1. JoshSP1985
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Originally Posted By entropy91⏩
https://mobile.twitter.com/adamscoch...18097629151232
This is why big money will always win overall. Retail is shaky as ****.

Hey guys the SEC/IRS want to do something they're already doing. OMG SKY IS FALLING!
*PUREBLOOD CREW*
*DAD CREW*
*SUPER STRAIGHT*
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post 1639028803 05-20-2021, 01:10 PM
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#3822
  1. Workout4ever
  1. Workout4ever
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Originally Posted By entropy91⏩
https://mobile.twitter.com/adamscoch...18097629151232
Does not come into force until *2023*


alright boys, we have 2 years to make it
post 1639032403 05-20-2021, 02:00 PM
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#3823
  1. JoshSP1985
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  1. JoshSP1985
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40k BTC support keeps flexing.

It's a battle between 40k support and 42k resistance whose gonna win? I think it moves big either way if one breaks.
*PUREBLOOD CREW*
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post 1639033063 05-20-2021, 02:10 PM
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#3824
  1. Fred87nc
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  1. Fred87nc
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$LOGE back stronger than ever, just did a 4x after coingecko listing, going to break ATH 16m this weekend, CMC listing incoming, buy and burn incoming. We got 5x the amount of holders this time and twice the liquidity.

https://t.me/lunadogecrypto

Yo yo yo I beez keepin it real since 02 fo real nowuimsayin

*ballin crew*

Quest to reach 8k before DartBoard.
**Beat Dartboard on quest to 8k on 05/21/2012 as the underdog.**
post 1639033713 05-20-2021, 02:19 PM
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#3825
  1. JoshSP1985
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  1. JoshSP1985
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You guys are nuts guess it's probably just as exciting as gambling even more so than crypto is already.
*PUREBLOOD CREW*
*DAD CREW*
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post 1639036153 05-20-2021, 02:42 PM
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#3826
  1. mulletwarrior
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Originally Posted By entropy91⏩
SEC is already heavily involved in crypto.

People who think agencies can somehow stop this global technology baffle me.

The absolute worse thing they can do is completely ban crypto to fiat trades. While a huge blow, the market would adapt and recover.

They can't even stop people from using drugs.
To my knowledge, the SEC hasn't actually come out and said "cryptos are securities". If they were to do so, it wouldn't be an outright ban of crypto trading, it would just require cryptos to register with the SEC (i.e., IPO and the periodic reporting requirements, or else qualify under one of the exemptions, which would effectively eliminate a public secondary market) - but the net result would be a ban because I can't imagine how a crypto actually complies. Moreover, cryptos really are not securities IMO.

Also don't think it is realistic that they find that cryptos fall under CFTC. Think the most likely scenario is that enforcement gets booted to a consumer protection agency.
mo e
post 1639037013 05-20-2021, 02:51 PM
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#3827
  1. ghostfacedup
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Originally Posted By Fred87nc⏩
$LOGE back stronger than ever, just did a 4x after coingecko listing, going to break ATH 16m this weekend, CMC listing incoming, buy and burn incoming. We got 5x the amount of holders this time and twice the liquidity.

https://t.me/lunadogecrypto

This stuff needs to die. The longer this stuff is around, the worse for the market.
post 1639037293 05-20-2021, 02:53 PM
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#3828
  1. W1LLW
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Originally Posted By entropy91⏩
It's only when cashing out. If you intend to hodl until the dollar collapse you can negate all of this.
Not really. Every trade is a taxable event mane.
Kobe Forever
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post 1639040883 05-20-2021, 03:38 PM
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#3829
  1. bangwhosnext
  2. Alfalfa male
  1. bangwhosnext
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Originally Posted By W1LLW⏩
Not really. Every trade is a taxable event mane.
What if you loss all your gains? That don't sound right...
"Before you diagnose yourself with depression or low self-esteem, first make sure that you are not, in fact, just surrounded by @ssholes."

Animals >>> humans crew
post 1639041363 05-20-2021, 03:45 PM
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#3830
  1. Celsus
  2. AyyyyLMAO
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Originally Posted By W1LLW⏩
Not really. Every trade is a taxable event mane.
This
Originally Posted By bangwhosnext⏩
What if you loss all your gains? That don't sound right...
You write the gains up as loss
post 1639046293 05-20-2021, 04:50 PM
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#3831
  1. adang92
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i know it aint worth much i just have this gut feeling that we will get past 42k and climb back to 50s
post 1639046653 05-20-2021, 04:52 PM
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#3832
  1. dankydank
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Algos just trading BTC between 39 to 40k bouncing between 70 and 30 RSI. Just needs big buy order to push it past when it gets to the top. Instead whales are dumping when it gets to the bottom

1 minute after I post this there is a big 4% BTC gain in a 5 min candle.
post 1639050443 05-20-2021, 05:36 PM
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#3833
  1. iifymbro
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Originally Posted By W1LLW⏩
Not really. Every trade is a taxable event mane.
I'd amend that to "..is a reportable event"

they're taxable if you made a profit, you have to report them regardless
**MFC**
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post 1639054603 05-20-2021, 06:31 PM
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#3834
  1. bibimbape
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Retail baggies buying this dip up like the mindless sheep they are.

b-but Elon said he's not selling.

He'll sell to you at the top of the bull trap don't worry boyo.
post 1639055353 05-20-2021, 06:41 PM
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#3835
  1. Fred87nc
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Originally Posted By bibimbape⏩
Retail baggies buying this dip up like the mindless sheep they are.

b-but Elon said he's not selling.

He'll sell to you at the top of the bull trap don't worry boyo.
No bull trap sir
Yo yo yo I beez keepin it real since 02 fo real nowuimsayin

*ballin crew*

Quest to reach 8k before DartBoard.
**Beat Dartboard on quest to 8k on 05/21/2012 as the underdog.**
post 1639055503 05-20-2021, 06:44 PM
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#3836
  1. Luc1fer
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Feels like a bull trap
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

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post 1639056653 05-20-2021, 07:08 PM
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#3837
  1. ProteinEnough
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What's the word on the 4chan post on another big push to get BTC to 25k tonight?
post 1639056903 05-20-2021, 07:13 PM
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#3838
  1. WoofieNugget
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Taking small wins where I can get them. Doubled my money today on BUNNY even though it was only $100. Yay me.
post 1639057923 05-20-2021, 07:31 PM
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#3839
  1. lowstrife
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-50% in one week and you guys want more?

The **** out of here. Notice how all the FUD is gone? Elon stopped being a cuck, PBOC didn't actually ban bitcoin, all the "regulation" headlines have stopped, all the big shorts and put options have closed or expired. We wiped out half of margin interest on futures.

We're going to keep bleeding up until everyone gets bullish again, then dump 10 or 20% and go sideways for days if not weeks. Then we can decide if we want to go to 25k or 100k.



I'm long, sold 70% at 40k, about to sell the rest here in the 43's, don't @ me
post 1639058193 05-20-2021, 07:34 PM
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#3840
  1. eternalone423
  2. The Jarl
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Entire market seems to be moving together almost 1:1 percentage wise. I'm wanting BNB to break back to 500+ without all this resistance but I'm sure it will break real soon. I hope it is upward and not downward.

1k is the next BNB target. BNB is still underpriced
โ˜ผ "Don't stop. Never quit. No excuses." โ˜ผ
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