Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 1148905 times)

robcguns

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #900 on: December 07, 2017, 01:54:00 PM »
Looks like a number of people decided 15k was a good time to take profits. The saying is "nobody ever went broke taking profits".

I know a few people in Bitcoin just having a gambler's rush this week. They almost can't function and are talking about quitting their jobs and day-trading crypto.

It’s 16798 right now,I think people are buying not selling

Grape Ape

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #901 on: December 07, 2017, 02:11:15 PM »
The cash profits have to go into a bank account of some sort in order to withdraw the cash.  I cannot believe the Rolex dealer (or any other) transaction would be untraceable either.  If the IRS has you in their sights, they will get you.  Their are unscrupulous and are licking their chops over all the potential tax income from all this.  It's much easier to pay the taxes and have done with it, that way there will never be penalties or interest due.

Nothing digital or electronic is anonymous.  People who believe they are anonymous are simply deluding themselves.    

Ok, so you then report it and pay taxes, yet still make millions.
Y

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #902 on: December 07, 2017, 02:37:37 PM »
If using coinbase but there are other ways to do it without trace,I’m just not that clear on how to do it.Also you can buy things and cash out that way as there is an online gift card place and they take bitcoin.I know some Rolex dealers that take bitcoin so you can cash out that way with no trace.

Many countries have so called OTC exchanges. You simply turn up, sell bitcoin and they give you cash. All totally anonymous. Common in HK, Korea, Japan for example.

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #903 on: December 07, 2017, 02:40:58 PM »
The cash profits have to go into a bank account of some sort in order to withdraw the cash.  I cannot believe the Rolex dealer (or any other) transaction would be untraceable either.  If the IRS has you in their sights, they will get you.  Their are unscrupulous and are licking their chops over all the potential tax income from all this.  It's much easier to pay the taxes and have done with it, that way there will never be penalties or interest due.

Nothing digital or electronic is anonymous.  People who believe they are anonymous are simply deluding themselves.    

Once again not correct Mr A.

One can sell and get cash directly. It’s called P2P sale. Can also do it OTC. Please go edumacate yourself.

Oh, and ... (yeah you know ...)

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #904 on: December 07, 2017, 02:42:39 PM »
Based on what you guys are saying, I'm looking at this in the context of this being a pump and dump stock right now, with a bit of nuance around turning profits into real dollars.  I could be way off though - i'm only skimming the thread, but find the back and forth pretty interesting.

FWIW, Mark Cuban said it's worth taking a flyer on this, but with the idea that you assume all your money is lost once you invest.

Read the entire thread please. Especially my posts :)

robcguns

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #905 on: December 07, 2017, 02:45:53 PM »
Ok, so you then report it and pay taxes, yet still make millions.

Exactly,like anything else.

el numero uno

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #906 on: December 07, 2017, 02:46:22 PM »
Read the entire thread please. Especially my posts :)

Funny how you dissapeared the hours Bitcoin was going down.


Zillotch

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #907 on: December 07, 2017, 02:47:11 PM »
Oh, and ... (yeah you know ...)

no updates till 20 000!!! lol

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #908 on: December 07, 2017, 02:48:15 PM »
As it goes higher and higher into parabola, $1000 moves will take only seconds.   This will end very badly... it will be like yelling 'fire' in a packed movie theater.

Lol. Care to make another prediction again at what price that will happen? Or have you learned your lesson?

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #909 on: December 07, 2017, 02:50:59 PM »
You seem overly invested in trying to prove GIB wrong. Who cares. It's his money. Not yours. If he loses it all, it has zero impact on your life.

Why is it so important for you to try and prove him wrong or see him fail?  ??? ??? ???

Exactly. At first I was being genuinely helpful. But then over time he seems to have become increasingly frustrated, calling names. At all times I have kept the discussion polite and rational. Any it’s all good :)

El Diablo Blanco

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #910 on: December 07, 2017, 02:51:18 PM »
Ok, so you then report it and pay taxes, yet still make millions.

With the new deal corporations are getting with their trump tax break I’d just setup a Corp as a bitcoin trader and only pay 20% tax. Then write off the fuck out of it.  That’s the comical part is that most big corps already don’t pay tax because of the write offs.

el numero uno

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #911 on: December 07, 2017, 02:53:18 PM »
Exactly. At first I was being genuinely helpful. But then over time he seems to have become increasingly frustrated, calling names. At all times I have kept the discussion polite and rational. Any it’s all good :)

Props to you, that's the spirit.

It seems like every time I question someone on social media I get called names or blocked, even thou I'm polite. Those idiots can't debate me.

El Diablo Blanco

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #912 on: December 07, 2017, 02:57:49 PM »
Props to you, that's the spirit.

It seems like every time I question someone on social media I got called names or blocked, even thou I'm polite. Those idiots can't debate me.

Wish I had listened to gib a while ago. But here’s why my gut says to sell. The MSM is all over this now and historically they’ve been the death knell of any good investment. Once they run stories on it that means the big holders are trying to get one last rush going before they sell and buy an island to retire on while everyone else gets fucked. Funny thing is BTC can hit $0 and it’ll have zero affect on the world.

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #913 on: December 07, 2017, 03:13:36 PM »
Lol. Care to make another prediction again at what price that will happen? Or have you learned your lesson?


LOL at your mental illness.  Completely irrational and delusional.  Consumed by euphoria, ignorance and greed.

Pull up the weekly chart... this is what a bubble looks like.  

Futures trading starts on Dec 10th.  Better sell now.


Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #914 on: December 07, 2017, 03:16:04 PM »
Once again not correct Mr A.

One can sell and get cash directly. It’s called P2P sale. Can also do it OTC. Please go edumacate yourself.

Oh, and ... (yeah you know ...)

...

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #915 on: December 07, 2017, 03:17:26 PM »
Ok, so you then report it and pay taxes, yet still make millions.

You have a fever too?

This disease is highly contagious.

It's called greed and ignorance.

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #916 on: December 07, 2017, 03:33:32 PM »

You are obsessed.  You on drugs?   You need mental help.



Nope. I’m good man. Take drugs very rarely (wine and whisky are my main choices, occasionally coffee or coke). And no, no mental help needed though always enjoy an academic discussion.

The point is, that when you make comments in cyberspace that are and have been objectively proven wrong, I will call you out on it. I called you out when you predicted 5000 would be the top. And called you out again when you said 13,500-15,000 would be the top. Lesson learned here for you is if you make such statements, be prepared to be proven, objectively, to be WRONG.

I on the other hand, when this thread started was ridiculed by you by stating that BTC could get to 10,000 by year end. And I was objectively proven RIGHT!

(I further stated it was quite possible we could see 40K by year end. Let’s see what happens...

I sold one coin yesterday to a friend in cash. (Note Mr A, entirely anon, no bank accounts). How this came about was that he was having issues opening an account with an online exchange due to various reasons. He wanted in ASAP and begged me to sell him one. So I did for $17,500, by transferring to a Trezor he had purchased (and yes I have the cash). I paid just under 1K for that coin so whilst it was kind of me to agree to sell it, I also made a nice gain and am happy to help a friend out.

Not sure what else to say here, oh except:

15,200
15,300
15,400
15,500
15,600
15,700
15,800
15,900
16,000
16,100 (need to stop now, fingers getting tired...)

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #917 on: December 07, 2017, 03:41:13 PM »
Gib, is it possible to get BTC (or ETH) at the current price? Because Coinbase seems to sell them higher than they are listed at coinranking.com

https://coinranking.com/

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #918 on: December 07, 2017, 03:43:08 PM »
LOL at your mental illness.  Completely irrational and delusional.  Consumed by euphoria, ignorance and greed.

Pull up the weekly chart... this is what a bubble looks like.  

Futures trading starts on Dec 10th.  Better sell now.


LOL! Yes it is a bubble - just like our stock market is. The whole economy is a bubble.

But if people listened to you from the start they wouldn't have any to sell and therefore no profit to take. I wish I had bought more BTC 2 weeks ago. Hell, 7 years ago. Oh well.

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #919 on: December 07, 2017, 03:48:11 PM »
Nope. I’m good man. Take drugs very rarely (wine and whisky are my main choices, occasionally coffee or coke). And no, no mental help needed though always enjoy an academic discussion.

The point is, that when you make comments in cyberspace that are and have been objectively proven wrong, I will call you out on it. I called you out when you predicted 5000 would be the top. And called you out again when you said 13,500-15,000 would be the top. Lesson learned here for you is if you make such statements, be prepared to be proven, objectively, to be WRONG.

I on the other hand, when this thread started was ridiculed by you by stating that BTC could get to 10,000 by year end. And I was objectively proven RIGHT!

(I further stated it was quite possible we could see 40K by year end. Let’s see what happens...

I sold one coin yesterday to a friend in cash. (Note Mr A, entirely anon, no bank accounts). How this came about was that he was having issues opening an account with an online exchange due to various reasons. He wanted in ASAP and begged me to sell him one. So I did for $17,500, by transferring to a Trezor he had purchased (and yes I have the cash). I paid just under 1K for that coin so whilst it was kind of me to agree to sell it, I also made a nice gain and am happy to help a friend out.

Not sure what else to say here, oh except:

15,200
15,300
15,400
15,500
15,600
15,700
15,800
15,900
16,000
16,100 (need to stop now, fingers getting tired...)

...


You live in Asia right?  

How are those ladyboys treating you?


gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #920 on: December 07, 2017, 03:56:27 PM »
...


You live in Asia right? 

How are those ladyboys treating you?

Live in multiple locations. Right now in Singapore. Tomorrow off to Australia. Im not doc Tony Huge so no ladyboys for me. How’s your parabolic curve going? Lol!

Here’s a website that connects buyers and sellers of bitcoin - no bank accounts needed ... hope that helps...

https://localbitcoins.com

Oh, and 16,200 😂 😂 😂 $$$ 🎅

QuietYou

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #921 on: December 07, 2017, 04:17:18 PM »
What is your opinion on the potential of IOTA in the next 5-10 years and why?

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #922 on: December 07, 2017, 04:21:11 PM »
Live in multiple locations. Right now in Singapore. Tomorrow off to Australia. Im not doc Tony Huge so no ladyboys for me. How’s your parabolic curve going? Lol!

Here’s a website that connects buyers and sellers of bitcoin - no bank accounts needed ... hope that helps...

https://localbitcoins.com

Oh, and 16,200 😂 😂 😂 $$$ 🎅



"I'm on around 500K a year (after tax) - I am pretty happy"


If true, why are you so enamored with a silly thing like bitcoins and investing so much time posting 100's of posts on this thread?   I'm sincerely curious.  Bored I guess, huh?

Twaddle

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #923 on: December 07, 2017, 04:23:37 PM »
I had no idea their were so many millionaires on getbig.  Am I the only one with no money?   ???

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #924 on: December 07, 2017, 04:24:39 PM »
I had no idea their were so many millionaires on getbig.  Am I the only one with no money?   ???

Don't feel bad.  Lots of liars out there.