Bitcoin Cracks $5000

[devil21]

This forum has been telling you to buy bitcoin since it was around $1.

And it will return to the price soon enough.



Do you see what they did there?

 

[Mordan]

And it will return to the price soon enough.

Lets think logically. There are 17 millions Bitcoins. Bitcoin is the first crypto currency. Just as a piece of art, people will want to own it. Just because.
I agree with you, it could become a relic of the past one day. But as long as people value historical objects, bitcoin will have tremendous value.

 

[AuH20]

LISK with nice growth today. Undervalued coin from Germany.

 

[AuH20]

Also, keep your eye on Wanchain. It should be out for purchase by late February. 50X to 100X potential with their platform. No joke. I wouldn't pay more than 3.00 for it out of the gate though. You know how new coins get pumped and then dumped during the initial frenzy stage.

 

[Zippyjuan]

Lets think logically. There are 17 millions Bitcoins. Bitcoin is the first crypto currency. Just as a piece of art, people will want to own it. Just because.
I agree with you, it could become a relic of the past one day. But as long as people value historical objects, bitcoin will have tremendous value.

Kinda hard to hang a bitcoin on the wall and look at it though.

 

[dannno]

Kinda hard to hang a bitcoin on the wall and look at it though.

Not really.

 

[dannno]

https://seekingalpha.com/article/4144436-bitcoin-bottom-appears-higher-prices-likely-follow

[h=1]Bitcoin: The Bottom Appears To Be In, Why Higher Prices Are Likely To Follow[/h]Feb. 8.18 |

[h=2]Summary[/h]Bitcoin has been on a wild ride since 2017, first a 2,500% gain, then a 70% decline, but Bitcoin still stands tall, higher by 700% over the past year alone.
Despite the numerous transient negative developments, most fundamental factors surrounding Bitcoin remain strong.
Moreover, some of Bitcoin's transactional shortcomings are likely to be largely alleviated by the introduction of the Lightning Network later this year.
A technical image suggests Bitcoin may have reached a bottom in recent days, as a massive wave of panic selling collided with a surge of buying interest below $6,000.
The Bottom Line: Bitcoin is likely going significantly higher throughout the rest of 2018.

 

[dannno]

$8,811

 

[AuH20]

Nano is cheap after the hack revelations.

 

[Mordan]

Nano is cheap after the hack revelations.

Nano has an interesting solution but as Dan Larimer (EOS) said.. the economic incentives for running nodes are so bad. Nano will never be able to scale. Anyone with some hardware and cheap energy can spam the network and clog it

 

[dannno]

$8673

Wb @presence

 

[presence]

$8673

Wb @presence

I'm holding BTCUSD here looking for bear market resistance in mid 9's

 

[dannno]

$9257


LTC: 158 -> 209 in the last 8 hours

 

[timosman]

 

[Carlybee]

Anyone have a good spreadsheet for tracking gains/losses?

 

[anaconda]

$9639

 

[AuH20]

 

[dannno]

Wow

 

[devil21]

Anyone have a good spreadsheet for tracking gains/losses?

For what? Like taxes? Haven't you heard? Paying taxes on cryptos is for suckers. It's anonymous and decentralized and private and revolutionary and cool and 'cuz Bilderberger Peter Thiel and Hedge Fund Wall Streeter Novogratz like it the deep state hates it. So forget about taxes and P/L statements and lame stuff like that. Just be cool and edgy and trade da coins. You'll get a Lambo, promise!

(Until the notice from the IRS shows up and the coiners realize that Coinbase's board of directors is full of fedgov)

 

[Mordan]

For what? Like taxes? Haven't you heard? Paying taxes on cryptos is for suckers. It's anonymous and decentralized and private and revolutionary and cool and 'cuz Bilderberger Peter Thiel and Hedge Fund Wall Streeter Novogratz like it the deep state hates it. So forget about taxes and P/L statements and lame stuff like that. Just be cool and edgy and trade da coins. You'll get a Lambo, promise!

(Until the notice from the IRS shows up and the coiners realize that Coinbase's board of directors is full of fedgov)

many countries in the European Union don't have capital gain taxes. France does. Luxembourg does not if you sell after 6 months. The Netherlands does not have capital gain tax either.

If you look at a country fiscal policy.. what it gives from one side, it takes from another side. A country without capital gain taxes usually have a huge tax on buying real estate. The USA has a 15% capital gain tax. But it does not tax the buyer of a new home. Some countries requires a 10% to 15% tax. I know Spain is 10%. Belgium 12.5%
Funny that it matches the USA capital gain tax.