Just discovered an old bitcoin wallet I forgot about in my thumb drive had 8 bitcoins
What vidya should I buy? Holy fuck I am happy as fuck
Just discovered an old bitcoin wallet I forgot about in my thumb drive had 8 bitcoins
What vidya should I buy? Holy fuck I am happy as fuck
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send me just 1 to prove you aren't lying :^)
sent :^)
prove it nigger
show address
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What app is that?
120 BTC is worth about 2.4mil, try again
also send me 0.5
Wow look at all that virtual currency that will never be widely accepted
enjoy cashing out and having the government take 52%, that's assuming you can even find anyone to buy your fake money in a bull market.
Buy dying light on steam then play with me.
>tfw you will never get rich mining btc on a potato
Im not op but i will play with you bro
It's pretty well accepted given the amount of people that have gotten into crypto currency. The only question is how viable is that market long term.
>can pay traders with it
>couldn't bout it at 1k
>then 2k
>too poor
Crash when
>you never bought bitcoins when they were cheap
Capital gains rate in the US is 52%?
buy me shit plz
I know nothing about finances and barely anything about computers in general
someone please explain what the fuck bitcoin is and how it works
Only a few. Steam recently stopped accepting bitcoin. Sure some people might be able to buy a few hundred or a few thousand dollars worth of goods from bitcoin. But people who think they'll cash out their millions are delusional
More like 15%. But virtual currencies seem like they would be taxed as normal income instead of a capital gain. I dont know of any rules from the IRS that deal with cryptocurrencies
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buy me mario and ill be ur fren
>never be widely accepted
You can literally buy land, houses, cars, stocks or just cash it out and have been able to for years.
Where the fuck have you been?
>What vidya should I buy?
Darkwood, Underrail (not to be confused with Undertail), Xenonauts and Alpha Centauri off GOG.
>start knowing and reading about btc on 2010
>was a poor hs student
Looking back, even if I just set aside some lunch money I will be rich by now.
No if in this world
That's fair user, was just curious. Thanks for answering. quick google lead to this
"On March 25, 2014, the IRS issued Notice 2014-21, which, for the first time, set forth the IRS position on the taxation of virtual currencies, such as bitcoin. According to the IRS Notice, "Virtual currency is treated as property for U.S. federal tax purposes." The notice further stated, "General tax principles that apply to property transactions apply to transactions using virtual currency." In other words, the IRS is treating the income or gains from the sale of a virtual currency, such as bitcoin, as a capital asset, subject to either short-term (ordinary income tax rates) or long term capital gains tax rates, if the asset is held greater than twelve months (15% or 20% tax rates based on income). By treating bitcoins and other virtual currencies as property and not currency, the IRS is imposing extensive record-keeping rules and significant taxes on its use."
Bitcoin is neither of those.
It is a pump and dump scam.
I'm not reading that shit
t. My ass
>There are people who aren't cashing out right fucking now
Oh wait, it's because there's now was to cash out because it's a stupid fucking meme currency that will never be accepted
You can't buy it at the actual spike value though. Most bitcoin prices at places that sell anything of actual value have stayed pretty locked over this past half year.
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One that has been extremely costly to investors as well.
>implying
The only reason bitcoin has value is because its backed by an online drug market.
It's fucking up my gpu/ram prices is what it's doing.
Fucking get-rich-quick retards. I bet the jews are behind this or involved somehow
All of that is fact user, the fact that in some 7+ years you haven't bothered to even do the most basic of research into a topic you seem intent on discussing is fucking hilarious.
I can't even begin to imagine the sort of human garbage you must be with that approach to life.
t. Seething because he can't spend his monopoly money on anything but heroin
I would have agreed with you before the China crash but it recovered way too quickly.
You cannot buy land with your bitcoin. Stop lying to people
I've had no problem whatsoever cashing out with private land sales at peak prices.
see you in three days
>all these salty no coiner
I mean, I dont even hold btc, but you guys are sure delusional if thinking crypto will just go away.
I hold FUN and TRX, moon you faggot moon.
Good for you then. Where are you developing?
prove it
It won't go away, but it won't ever actually be currencies either. It'll remain a form of commodity.
I put $40 into mt gox when btc was 25 cents, then took it back out to pay my cellphone bill and never bought anything
I bought .6 btc a year or two ago for like $80 and used it to buy drugs
Finally bought some btc aug 15, got .01 for $40, currently worth $200, and I've been mining altcoins since the summer
>I hold pump&dump crypto1 and pump&dump crypto 2
wow, there are people genuinely stupid enough to fall for this shit
You mean to tell me has been buying land in Australia with bitcoin and has had "no problem whatsoever" cashing out, even with the monumental transaction feees?
Why is a single bitcoin worth so much? Can someone give me a quick rundown? I'm clueless about this stuff.
Even if you can't buy it directly (you can), why don't just sell btc for fiat then cash out? Is such thing not possible in freedomland?
I can't follow Sup Forums sometimes.
Sounds like a lot of effort for not that much money
And how much of that can you turn into actual money?
>.com.au
>not buying houses with your bitcoin
LMFAO
t.reddit
What did you just say about my COINS?
What a bizwiz.
>You can literally buy land, houses, cars, stocks or just cash it out and have been able to for years.
So why haven't you bought real estate or a car yet, buttcoin millionaire?
Buy me video and we can be friends
You were beaten to the punch
Let me know when you've successfully bought a house with BTC
godspeed user. As long as you are the one profits over other people who fall for it
lots of people buying it due to very high demand right now
the only way new bitcoins are created is through massive server farms in third world countries that make like 0.1 BTC a day
buy a decent joystick
play Freespace 2 Open
transfering it to real money can take upwards of two months.
What are you on about. You just press the god damn button and the money is into your account. Are you dense?
>>monumental transaction feees?
>$20
Literal worthless land in tasmania, australia. Hes selling it for bitcoin because he cant sell it for aud
I've successfully bought a house with bit coin.
What now?
This, not point in having bitcoin if you can't turn it into money
The boomers are here
haha
Please answer the question.
Now you prove your claim
video games
T. Liar
Millions of idiots outbidding eachother for them because they all think it's going to make them rich.
Very soon a lot of people are going to realize how stupid it is to spend $20000 on an imaginary coin, and the "value" is going to plummet and make 99% of the people who bought into the craze lose a lot of money, while the 1% who bought bitcoins when they were worthless and sold them right before the value crashed get rich as fuck.
Really though? You're on Sup Forums, and you think yourself part of the future?
people buy it for cash dipshits
>buy drugs on the deep web with BTC
>sell the drugs for cash
But can you buy VIDEO GAMES with bitcoin?
Gift me Rainbow Six Siege
[email protected]
That's kind of what I suspected. Sounds like what the Wolf of Wall Street guy would be doing in the modern era.
I got just 50% increase in span of 1 day.
Putting stop-limit sell order.
Looking for next coins.
The people on /biz/ will run the world tomorrow. You're too stupid and stubborn to make a killing by doing literally nothing because you spent most of your time on this shitty meme board, so you think everything has to end the same way you want every videogame to end, as a blunder. This board has rotten your brain and you haven't realized it yet.
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