Crypto

HammerDown said:
I'm not scalping. I'm buying and holding a deflationary asset forever. There is no fear of loss whatsoever. Zero speculation. Zero risk (or as close to it as you can get).


How is the IRS more/less focused on crypto than any other asset class? It's reported and taxed exactly like any other asset. Buy Bitcoin, never sell it, borrow against it in the future if needed, but never, ever sell it.

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Because they specifically ask if you have been engaged with Cryto transactions on the 1040. They don’t ask you specifically if you bought a piece of art or stock. People had a period where the IRS ignored it and now it has their attention.

I’m just the messenger.
 
Wild Turkey said:
Because they specifically ask if you have been engaged with Cryto transactions on the 1040. They don’t ask you specifically if you bought a piece of art or stock. People had a period where the IRS ignored it and now it has their attention.

I’m just the messenger.
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You’re sensationalizing it. “the IRS is uber focused on crypto right now.” The IRS wants to tax profitable assets.
 
HammerDown said:
He believes it. His perspective is so fucked up that he honestly believes that the $2.2T cryptocurrency market will plunge if you and I don’t convince the 7 people in this thread to buy “cryptocoins.”

:facepalm:
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I thought he was just trolling. :loco2:
 
Lol 70 pages of Dole’s ignorance and the side dish of him getting his head kicked in by Crypto support staff
 
Handicappers said:
Lol 70 pages of Dole’s ignorance and the side dish of him getting his head kicked in by Crypto support staff
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Years from now, this thread will be looked at in astonishment. I can't remember ever seeing such dogged determination to remain so totally ignorant of a subject as Dole is with "cryptocoins."
 
Some people say Cryptocurrency is the biggest psyop in human history.

They say they knew that people would eventually fear inflation and abandon fiat money, so they created an 'alternative' that would help absorb the capital flight, but do nothing to harm the system.

Remember their moto - you'll own nothing and you will be happy. They say that immaterial fiat dollar you exchange for immaterial crypto is wasted ammunition you could have used to fight the banking cartel.

They say they dont want you to own Gold, Silver, Oil, Farmland etc... they want you to own nothing and live in the metaverse.

Not saying I agree or disagree or even have an opinion - just a casual observer who found that connection interesting.
 
RobBase (c) said:
Some people say Cryptocurrency is the biggest psyop in human history.

They say they knew that people would eventually fear inflation and abandon fiat money, so they created an 'alternative' that would help absorb the capital flight, but do nothing to harm the system.

Remember their moto - you'll own nothing and you will be happy. They say that immaterial fiat dollar you exchange for immaterial crypto is wasted ammunition you could have used to fight the banking cartel.

They say they dont want you to own Gold, Silver, Oil, Farmland etc... they want you to own nothing and live in the metaverse.

Not saying I agree or disagree or even have an opinion - just a casual observer who found that connection interesting.
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the secret to not losing money in any market is to just spend it all!!! :D
 
RobBase (c) said:
Some people say Cryptocurrency is the biggest psyop in human history.

They say they knew that people would eventually fear inflation and abandon fiat money, so they created an 'alternative' that would help absorb the capital flight, but do nothing to harm the system.

Remember their moto - you'll own nothing and you will be happy. They say that immaterial fiat dollar you exchange for immaterial crypto is wasted ammunition you could have used to fight the banking cartel.

They say they dont want you to own Gold, Silver, Oil, Farmland etc... they want you to own nothing and live in the metaverse.

Not saying I agree or disagree or even have an opinion - just a casual observer who found that connection interesting.
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Take an hour and watch this. Thank me later. (ignore the silly clickbait thumbnail - I really wish they wouldn't do that because it does it no justice)

 
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