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Today, one year ago, Bitcoin was on his way to 3K.
Simpler times- you made a few trades on absolute shitcoins and would become a millionaire every time. I miss crypto 2017.
Crpyto 2020 will make your forget about it 2017.
Hopefully it makes me really forget about 2018 by the year we've had so far lololol.
2018 has been pretty shocking to be fair lol
Yeah I'm surprised bitcoin didn't maintain its parabolic rise for 8 more months and then flatten out at 900k or so
Crypto Jesus foretells it.
As it was encoded on the blockchain, so shall it forever be known. Amen.
Crypto 2021 will make you dream about 2018.
I hope so also. I just keep buying to HODL! Hopefully that is the year that I look back and remember that I bought that entire year.
Looks like you did well if you bought BTC last year, today.
Yea, did great selling it in December
Then like a doofus I bought alts in January
If you made a gain in 2017 and exchanged your coins for either fiat or another coin, then you have to pay taxes on those gains, even if you lost all those gains the following year. If you made those transactions on any of the big exchanges, then the IRS has your info and will send out a tax bill, possibly years down the line, for unpaid capital gains, plus interest, plus penalties.
Technically you get to decide the first year you pay taxes, year and basis of taxation, but everyone chooses a calendar year end because it’s a little known fact.
“Get to decide the first year you pay taxes”
“Yes hi, IRS? I’d like to choose my first year to pay taxes when I hit 87.”
The hype started around this time last year. Problem is everyone started investing in shitcoins and lost all their gains but still owe taxes on that BTC/LTC/ETH gain. Good times. IRS audits are going to get out of hand in the next few years.
TFW I sold some btc for meme coins around this price FML
Why are you assuming BTC's gender?
You're right. That's cryptist.
Still on his way to 3K
I will bet you $1,000 we will never see $3,000 btc ever again. You pick until what time the contact expires.
Okay. EOD 12.24.2030
I'll double his bet. Bitcoin will NEVER go down to $3000 again. Time has already killed that theory. It's almost 10 years old and it's price only increases (sure with drops here and there) because it's a finite and clearly has intrinsic value.
The ETF decision alone - whether it happens August 2018, Feb 2019 or late next year. The point is BTC is going to $40,000 eventually. And after that, it's going to become so widely available to so much institutional money...globally.
You know those price predictions that seem nuts at $100,000 by 2024? They seem to make more and more sense once you realize we value BTC and there are more millionaires on earth than actual Bitcoins...
Like real estate - its the one thing they're not making any more of.
Building real estate constantly. They are actually starting to build land.
Sorry. I meant "land, it's the one thing they're not making any more of"
Which is why real estate in metropolis' are so expensive. You can only build up or outward. So land is fixed. Like bitcoin.
Lol it literally does not have intrinsic value
Lol. Bitcoin will never be useful for more than a value of store like gold.
Well now it is too