Current Events > Bitcoin is now over $14,000.

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Neoconkers 12/06/17 7:09:30 PM #51:	just what i want to invest heavily in, a heavily fluctuating currency that virtually nobody takes. places aren't going to accept bitcoin while the value is so volatile bitcoin's value isn't going to steady until places accept it hell, Steam just cut ties with bitcoin as a currency because it was too volatile to handle to be profitable. They were losing like $20 a transaction with bitcoin. --- Girls = Time x Money. Time = Money. Girls = Money x Money = Money sq. Money = sqrt Evil: Girls = sqrt Evil sq. Girls = Evil <cite>Neoconkers posted [p:891718578] in Bitcoin is... [t:76069474]...</cite> <quote>just what i want to invest heavily in, a heavily fluctuating currency that virtually nobody takes. places aren't going to accept bitcoin while the value is so volatile bitcoin's value isn't going to steady until places accept it hell, Steam just cut ties with bitcoin as a currency because it was too volatile to handle to be profitable. They were losing like $20 a transaction with bitcoin.</quote> ... Copied to Clipboard!
Crazyman93 12/06/17 7:16:02 PM #52:	Ballstopshere posted... as much as i think bitcoin is a scam, its free money right now Not for much longer, the IRS is taking notice, so is the SEC. --- let's lubricate friction material! ~nickels, Cars & Trucks <cite>Crazyman93 posted [p:891718931] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>as much as i think bitcoin is a scam, its free money right now</quote> Not for much longer, the IRS is taking notice, so is the SEC.</quote> ... Copied to Clipboard!
wolverinev2 12/06/17 7:19:28 PM #53:	The one thing people are forgetting is that once you publish on how you made money. You can no longer capitalize on that same idea. And I really hesitant to trust something like Bitcoin with all fees and how a lot of places don't except it as tender. Hell, Steam cut ties with it. --- It's far better to be alive than to be dead <cite>wolverinev2 posted [p:891719122] in Bitcoin is... [t:76069474]...</cite> <quote>The one thing people are forgetting is that once you publish on how you made money. You can no longer capitalize on that same idea. And I really hesitant to trust something like Bitcoin with all fees and how a lot of places don't except it as tender. Hell, Steam cut ties with it.</quote> ... Copied to Clipboard!
GuyCarlPeterson 12/06/17 7:21:06 PM #54:	I been trying to figure out how to buy Iota. No luck so far. --- Father's dream; devour the twin. Sisters scream "for our sins." They'll cut their flesh to make amends, and grasp for ghosts that savior sends. <cite>GuyCarlPeterson posted [p:891719211] in Bitcoin is... [t:76069474]...</cite> <quote>I been trying to figure out how to buy Iota. No luck so far.</quote> ... Copied to Clipboard!
Ballstopshere 12/06/17 7:27:17 PM #55:	Crazyman93 posted... Ballstopshere posted... as much as i think bitcoin is a scam, its free money right now Not for much longer, the IRS is taking notice, so is the SEC. how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though <cite>Ballstopshere posted [p:891719548] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>as much as i think bitcoin is a scam, its free money right now</quote> Not for much longer, the IRS is taking notice, so is the SEC.</quote> how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though</quote> ... Copied to Clipboard!
Crazyman93 12/06/17 7:30:46 PM #56:	Ballstopshere posted... Crazyman93 posted... Ballstopshere posted... as much as i think bitcoin is a scam, its free money right now Not for much longer, the IRS is taking notice, so is the SEC. how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ. --- let's lubricate friction material! ~nickels, Cars & Trucks <cite>Crazyman93 posted [p:891719767] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Ballstopshere posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>as much as i think bitcoin is a scam, its free money right now</quote> Not for much longer, the IRS is taking notice, so is the SEC.</quote> how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though</quote> The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ.</quote> ... Copied to Clipboard!
XXHornDogXX 12/06/17 7:36:06 PM #57:	A lot of doomsayers in this thread. Either way, for anyone who doesnt know much about Bitcoin and is thinking of starting to invest, its up to you really. Ultimately, nobody knows and can predict the future. A year from now BTC could be worth 50k or be worth $1 USD. Theres a lot of chicken littles here spouting how its gunna crash and the bubble will pop soon just because the price has been skyrocketing as of lately. But then these same people would cry that they would have been millionaires if held on to BTC if it reaches numbers that make 14k look insignificant. People sold their 100s of BTC years ago when they were $100 each. Now your constantly coming across posts of them crying and whining how they could have been rich. Im not saying its a good investment or not. I do not know any better than the next guy. The best financial guru couldnt predict whether itll crash or skyrocket further. Maybe it will crash, but all evidence so far points upwards. Years ago credit and credit cards were unheard of. People would have thought youre insane if you brought up such a concept. Now a days, how often do you make purchases with cash compared to credit/debit cards? Something to think about. <cite>XXHornDogXX posted [p:891720092] in Bitcoin is... [t:76069474]...</cite> <quote>A lot of doomsayers in this thread. Either way, for anyone who doesnt know much about Bitcoin and is thinking of starting to invest, its up to you really. Ultimately, nobody knows and can predict the future. A year from now BTC could be worth 50k or be worth $1 USD. Theres a lot of chicken littles here spouting how its gunna crash and the bubble will pop soon just because the price has been skyrocketing as of lately. But then these same people would cry that they would have been millionaires if held on to BTC if it reaches numbers that make 14k look insignificant. People sold their 100s of BTC years ago when they were $100 each. Now your constantly coming across posts of them crying and whining how they could have been rich. Im not saying its a good investment or not. I do not know any better than the next guy. The best financial guru couldnt predict whether itll crash or skyrocket further. Maybe it will crash, but all evidence so far points upwards. Years ago credit and credit cards were unheard of. People would have thought youre insane if you brought up such a concept. Now a days, how often do you make purchases with cash compared to credit/debit cards? Something to think about.</quote> ... Copied to Clipboard!
DifferentialEquation 12/06/17 7:39:21 PM #58:	btw, this is a very relaxing site http://www.bitlisten.com/ --- There's no business to be taxed. <cite>DifferentialEquation posted [p:891720287] in Bitcoin is... [t:76069474]...</cite> <quote>btw, this is a very relaxing site http://www.bitlisten.com/</quote> ... Copied to Clipboard!
kinetika_ 12/06/17 7:40:21 PM #59:	I wish the alts would go up. I finally bought some alts, and its all bitcoin right now ffs --- PSN: PurifyNothing <cite>kinetika_ posted [p:891720355] in Bitcoin is... [t:76069474]...</cite> <quote>I wish the alts would go up. I finally bought some alts, and its all bitcoin right now ffs</quote> ... Copied to Clipboard!
Returning_CEmen 12/06/17 7:45:19 PM #60:	Crazyman93 posted... Ballstopshere posted... Crazyman93 posted... Ballstopshere posted... as much as i think bitcoin is a scam, its free money right now Not for much longer, the IRS is taking notice, so is the SEC. how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ. Who gave them that authority? --- http://i.imgtc.com/BOhYeOg.jpg <cite>Returning_CEmen posted [p:891720684] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>as much as i think bitcoin is a scam, its free money right now</quote> Not for much longer, the IRS is taking notice, so is the SEC.</quote> how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though</quote> The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ.</quote> Who gave them that authority?</quote> ... Copied to Clipboard!
Ballstopshere 12/06/17 7:47:25 PM #61:	Eth and LTE going down Bitcoin might hit 15 by tomorrow morning <cite>Ballstopshere posted [p:891720821] in Bitcoin is... [t:76069474]...</cite> <quote>Eth and LTE going down Bitcoin might hit 15 by tomorrow morning</quote> ... Copied to Clipboard!
iamintents 12/06/17 7:54:09 PM #62:	clearaflagrantj posted... iamintents posted... Let mine run up then bought some alts ETHBTC ratio is getting absolutely battered. It's absurd how badly BTC is leaving everything in the dust. Best case scenario BTC flies up to something stupid like 40K and corrects to 20K and all the alts recover to their typical ratios. Could totally see that happening that's why I kept some --- http://i.imgur.com/rCECrB9.gif <cite>iamintents posted [p:891721222] in Bitcoin is... [t:76069474]...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>iamintents posted...</cite> <quote>Let mine run up then bought some alts</quote> ETHBTC ratio is getting absolutely battered. It's absurd how badly BTC is leaving everything in the dust. Best case scenario BTC flies up to something stupid like 40K and corrects to 20K and all the alts recover to their typical ratios.</quote> Could totally see that happening that's why I kept some </quote> ... Copied to Clipboard!
iamintents 12/06/17 7:57:50 PM #63:	quick question : I have a small amounts of some coins on bitrex, nothing of high value, should I leave them there or move to my wallet? --- http://i.imgur.com/rCECrB9.gif <cite>iamintents posted [p:891721435] in Bitcoin is... [t:76069474]...</cite> <quote>quick question : I have a small amounts of some coins on bitrex, nothing of high value, should I leave them there or move to my wallet?</quote> ... Copied to Clipboard!
1NfamousACE_2 12/06/17 8:02:07 PM #64:	i should have bought a whole bitcoin when it was 5400 i only bought $100 worth fuck me --- New signature needed, acquire within from management <cite>1NfamousACE_2 posted [p:891721675] in Bitcoin is... [t:76069474]...</cite> <quote>i should have bought a whole bitcoin when it was 5400 i only bought $100 worth fuck me</quote> ... Copied to Clipboard!
Crazyman93 12/06/17 8:18:22 PM #65:	Returning_CEmen posted... Crazyman93 posted... Ballstopshere posted... Crazyman93 posted... Ballstopshere posted... as much as i think bitcoin is a scam, its free money right now Not for much longer, the IRS is taking notice, so is the SEC. how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ. Who gave them that authority? https://www.sec.gov Gee, I wonder. Pretty sure it was FDR --- let's lubricate friction material! ~nickels, Cars & Trucks <cite>Crazyman93 posted [p:891722570] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Returning_CEmen posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>as much as i think bitcoin is a scam, its free money right now</quote> Not for much longer, the IRS is taking notice, so is the SEC.</quote> how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though</quote> The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ.</quote> Who gave them that authority?</quote> https://www.sec.gov Gee, I wonder. Pretty sure it was FDR</quote> ... Copied to Clipboard!
Turbam 12/06/17 8:19:07 PM #66:	I got 100 dollars in bitcoin now. Imma be rich!!! --- ~snip (V)_(;,;)_(V) snip~ I'm just one man! Whoa! Well, I'm a one man band! http://i.imgur.com/p9Xvjvs.gif <cite>Turbam posted [p:891722615] in Bitcoin is... [t:76069474]...</cite> <quote>I got 100 dollars in bitcoin now. Imma be rich!!!</quote> ... Copied to Clipboard!
Returning_CEmen 12/06/17 9:07:13 PM #67:	Crazyman93 posted... Returning_CEmen posted... Crazyman93 posted... Ballstopshere posted... Crazyman93 posted... Ballstopshere posted... as much as i think bitcoin is a scam, its free money right now Not for much longer, the IRS is taking notice, so is the SEC. how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ. Who gave them that authority? https://www.sec.gov Gee, I wonder. Pretty sure it was FDR No, I mean Bitcoin was created in part to be free of government control. Why does the SEC suddenly think they can regulate it. --- http://i.imgtc.com/BOhYeOg.jpg <cite>Returning_CEmen posted [p:891725253] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Returning_CEmen posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>as much as i think bitcoin is a scam, its free money right now</quote> Not for much longer, the IRS is taking notice, so is the SEC.</quote> how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though</quote> The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ.</quote> Who gave them that authority?</quote> https://www.sec.gov Gee, I wonder. Pretty sure it was FDR</quote> No, I mean Bitcoin was created in part to be free of government control. Why does the SEC suddenly think they can regulate it.</quote> ... Copied to Clipboard!
Tmaster148 12/06/17 9:09:38 PM #68:	Returning_CEmen posted... Crazyman93 posted... Returning_CEmen posted... Crazyman93 posted... Ballstopshere posted... Crazyman93 posted... Ballstopshere posted... as much as i think bitcoin is a scam, its free money right now Not for much longer, the IRS is taking notice, so is the SEC. how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ. Who gave them that authority? https://www.sec.gov Gee, I wonder. Pretty sure it was FDR No, I mean Bitcoin was created in part to be free of government control. Why does the SEC suddenly think they can regulate it. Because people make money using it and therefore it's additional income which can be taxed according to us tax laws. Bitcoin has pretty much failed to be the dream of a government free currency. --- http://i.imgur.com/BBcZDLJ.png <cite>Tmaster148 posted [p:891725412] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Returning_CEmen posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Returning_CEmen posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>as much as i think bitcoin is a scam, its free money right now</quote> Not for much longer, the IRS is taking notice, so is the SEC.</quote> how so? the only thing the irs can do is make you pay taxes on your gains, thats nothing to cry over though</quote> The SEC is the more important one. They're the ones in charge of regulating stock and commodity trading, and last I heard, they considered Bitcoin a Security, so places that trade it would be subject to SEC regulations, same as the New York Stock Exchange or NASDAQ.</quote> Who gave them that authority?</quote> https://www.sec.gov Gee, I wonder. Pretty sure it was FDR</quote> No, I mean Bitcoin was created in part to be free of government control. Why does the SEC suddenly think they can regulate it.</quote> Because people make money using it and therefore it's additional income which can be taxed according to us tax laws. Bitcoin has pretty much failed to be the dream of a government free currency.</quote> ... Copied to Clipboard!
Unsugarized_Foo 12/06/17 9:13:24 PM #69:	You only make money if you turn it into the USD --- "All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana <cite>Unsugarized_Foo posted [p:891725613] in Bitcoin is... [t:76069474]...</cite> <quote>You only make money if you turn it into the USD</quote> ... Copied to Clipboard!
wolverinev2 12/06/17 9:28:12 PM #70:	Kind of hard to make something that is "Free of Government Control" when you start making enough of an income off of it. The IRS and Government won't care or pay attention if you made like $50 or $100 one time off of Bitcoin or anything really. But, once you start making "bank" or lots of money off of it. They start paying attention. If you really want to be "Free of Government Control." Then fake your death, go into hiding with your Bitcoin money and move to a tropical Island. That way.. Now you're free of Government control. --- It's far better to be alive than to be dead <cite>wolverinev2 posted [p:891726362] in Bitcoin is... [t:76069474]...</cite> <quote>Kind of hard to make something that is "Free of Government Control" when you start making enough of an income off of it. The IRS and Government won't care or pay attention if you made like $50 or $100 one time off of Bitcoin or anything really. But, once you start making "bank" or lots of money off of it. They start paying attention. If you really want to be "Free of Government Control." Then fake your death, go into hiding with your Bitcoin money and move to a tropical Island. That way.. Now you're free of Government control.</quote> ... Copied to Clipboard!
Tmaster148 12/06/17 9:31:00 PM #71:	wolverinev2 posted... Kind of hard to make something that is "Free of Government Control" when you start making enough of an income off of it. The IRS and Government won't care or pay attention if you made like $50 or $100 one time off of Bitcoin or anything really. But, once you start making "bank" or lots of money off of it. They start paying attention. If you really want to be "Free of Government Control." Then fake your death, go into hiding with your Bitcoin money and move to a tropical Island. That way.. Now you're free of Government control. The other thing is there's a record of it. By nature of bitcoin transactions they are all recorded. Government can't really do much about transactions that have no record even if you move a ton of money through them. --- http://i.imgur.com/BBcZDLJ.png <cite>Tmaster148 posted [p:891726505] in Bitcoin is... [t:76069474]...</cite> <quote><cite>wolverinev2 posted...</cite> <quote>Kind of hard to make something that is "Free of Government Control" when you start making enough of an income off of it. The IRS and Government won't care or pay attention if you made like $50 or $100 one time off of Bitcoin or anything really. But, once you start making "bank" or lots of money off of it. They start paying attention. If you really want to be "Free of Government Control." Then fake your death, go into hiding with your Bitcoin money and move to a tropical Island. That way.. Now you're free of Government control.</quote> The other thing is there's a record of it. By nature of bitcoin transactions they are all recorded. Government can't really do much about transactions that have no record even if you move a ton of money through them.</quote> ... Copied to Clipboard!
Crazyman93 12/06/17 9:42:19 PM #72:	Returning_CEmen posted... No, I mean Bitcoin was created in part to be free of government control. Why does the SEC suddenly think they can regulate it. Why would a government agency think they can regulate something that is acting as something they're empowered to regulate? You cannot possibly be so dense as to need an answer. --- let's lubricate friction material! ~nickels, Cars & Trucks <cite>Crazyman93 posted [p:891727130] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Returning_CEmen posted...</cite> <quote>No, I mean Bitcoin was created in part to be free of government control. Why does the SEC suddenly think they can regulate it. </quote> Why would a government agency think they can regulate something that is acting as something they're empowered to regulate? You cannot possibly be so dense as to need an answer.</quote> ... Copied to Clipboard!
Cookie Bag 12/06/17 9:45:22 PM #73:	https://www.gamefaqs.com/boards/1395-cryptocurrency --- http://i.imgur.com/vsi41Lp.jpg <cite>Cookie Bag posted [p:891727277] in Bitcoin is... [t:76069474]...</cite> <quote>https://www.gamefaqs.com/boards/1395-cryptocurrency</quote> ... Copied to Clipboard!
wolverinev2 12/06/17 9:48:21 PM #74:	Looking into it. You can't regulate the Bitcoin/Crypo-currency itself. BUT, the moment people start selling it and converting it to actual money.. That is when the IRS and SEC basically start taking control of it and charging you on it. A lot of people need to realize that. Right now it's basically monopoly money. The Government doesn't care about it, but when you start trading it for REAL money and lots of it... Then you gotta pay the piper. --- It's far better to be alive than to be dead <cite>wolverinev2 posted [p:891727422] in Bitcoin is... [t:76069474]...</cite> <quote>Looking into it. You can't regulate the Bitcoin/Crypo-currency itself. BUT, the moment people start selling it and converting it to actual money.. That is when the IRS and SEC basically start taking control of it and charging you on it. A lot of people need to realize that. Right now it's basically monopoly money. The Government doesn't care about it, but when you start trading it for REAL money and lots of it... Then you gotta pay the piper.</quote> ... Copied to Clipboard!
Perascamin 12/06/17 10:49:04 PM #75:	Yeah if you have huge gains through anything, the IRS will take notice. If you had 500$ of scrap metal and traded it in, it would go unnoticed. If you had 5000$ of scrap metal and traded it all on at once? Then they start noticing. --- I've grown. <cite>Perascamin posted [p:891730565] in Bitcoin is... [t:76069474]...</cite> <quote>Yeah if you have huge gains through anything, the IRS will take notice. If you had 500$ of scrap metal and traded it in, it would go unnoticed. If you had 5000$ of scrap metal and traded it all on at once? Then they start noticing.</quote> ... Copied to Clipboard!
Returning_CEmen 12/07/17 1:56:51 AM #76:	wolverinev2 posted... Looking into it. You can't regulate the Bitcoin/Crypo-currency itself. BUT, the moment people start selling it and converting it to actual money.. That is when the IRS and SEC basically start taking control of it and charging you on it. A lot of people need to realize that. Right now it's basically monopoly money. The Government doesn't care about it, but when you start trading it for REAL money and lots of it... Then you gotta pay the piper. What if you spend it on goods like an iPhone or a house? --- http://i.imgtc.com/BOhYeOg.jpg <cite>Returning_CEmen posted [p:891737923] in Bitcoin is... [t:76069474]...</cite> <quote><cite>wolverinev2 posted...</cite> <quote>Looking into it. You can't regulate the Bitcoin/Crypo-currency itself. BUT, the moment people start selling it and converting it to actual money.. That is when the IRS and SEC basically start taking control of it and charging you on it. A lot of people need to realize that. Right now it's basically monopoly money. The Government doesn't care about it, but when you start trading it for REAL money and lots of it... Then you gotta pay the piper.</quote> What if you spend it on goods like an iPhone or a house?</quote> ... Copied to Clipboard!
wolverinev2 12/07/17 1:58:35 AM #77:	Returning_CEmen posted... wolverinev2 posted... Looking into it. You can't regulate the Bitcoin/Crypo-currency itself. BUT, the moment people start selling it and converting it to actual money.. That is when the IRS and SEC basically start taking control of it and charging you on it. A lot of people need to realize that. Right now it's basically monopoly money. The Government doesn't care about it, but when you start trading it for REAL money and lots of it... Then you gotta pay the piper. What if you spend it on goods like an iPhone or a house? Good luck getting a bank or any other place to accept Bitcoins as tender. If Steam cut ties with it, I highly doubt a bank or a home seller is going to accept it. "Sure, I'll accept this imaginary money for my $300k house! =D" Yeah... Not gonna happen anytime soon. --- It's far better to be alive than to be dead <cite>wolverinev2 posted [p:891737971] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Returning_CEmen posted...</cite> <quote><cite>wolverinev2 posted...</cite> <quote>Looking into it. You can't regulate the Bitcoin/Crypo-currency itself. BUT, the moment people start selling it and converting it to actual money.. That is when the IRS and SEC basically start taking control of it and charging you on it. A lot of people need to realize that. Right now it's basically monopoly money. The Government doesn't care about it, but when you start trading it for REAL money and lots of it... Then you gotta pay the piper.</quote> What if you spend it on goods like an iPhone or a house?</quote> Good luck getting a bank or any other place to accept Bitcoins as tender. If Steam cut ties with it, I highly doubt a bank or a home seller is going to accept it. "Sure, I'll accept this imaginary money for my $300k house! =D" Yeah... Not gonna happen anytime soon.</quote> ... Copied to Clipboard!
JxOxNxIxCxS 12/07/17 2:01:19 AM #78:	My friend both 0.25 worth of bitcoins when it was at 5k months ago. He said he just wants to try it. Shit --- http://i.imgur.com/vcAEBhO.jpg <cite>JxOxNxIxCxS posted [p:891738068] in Bitcoin is... [t:76069474]...</cite> <quote>My friend both 0.25 worth of bitcoins when it was at 5k months ago. He said he just wants to try it. Shit</quote> ... Copied to Clipboard!
Rob Cesternino 12/07/17 5:11:24 AM #79:	$15,000. --- Stop asking me if I'm Jessica Simpson. Jewish girls Survivor is the greatest show EVER. are hawt <cite>Rob Cesternino posted [p:891742339] in Bitcoin is... [t:76069474]...</cite> <quote>$15,000.</quote> ... Copied to Clipboard!
Ballstopshere 12/07/17 5:12:35 AM #80:	shiiiiiii i assume the jump is because of the alt coins jump and people selling those for btc <cite>Ballstopshere posted [p:891742362] in Bitcoin is... [t:76069474]...</cite> <quote>shiiiiiii i assume the jump is because of the alt coins jump and people selling those for btc</quote> ... Copied to Clipboard!
fire_bolt 12/07/17 6:55:40 AM #81:	I fucking had a chance to get in when BTC was at like 25 cents per coin. A friend explained it to me in great detail one day because he was buying $100 of it on a whim and I was like "lolno this is a scam unless you're a miner" and passed. He's still got his coins and I'm feeling stupid lol --- If her hips don't break, you didn't "carry" hard enough" -SpunkySix http://steamcommunity.com/id/bolt_thundara/wishlist <cite>fire_bolt posted [p:891744417] in Bitcoin is... [t:76069474]...</cite> <quote>I fucking had a chance to get in when BTC was at like 25 cents per coin. A friend explained it to me in great detail one day because he was buying $100 of it on a whim and I was like "lolno this is a scam unless you're a miner" and passed. He's still got his coins and I'm feeling stupid lol</quote> ... Copied to Clipboard!
XplodnPnguins92 12/07/17 7:00:44 AM #82:	went from 15.9k to 14.9k in less than a minute. please stabilize already.. --- http://i.imgur.com/Dn9vLMi.jpg <cite>XplodnPnguins92 posted [p:891744536] in Bitcoin is... [t:76069474]...</cite> <quote>went from 15.9k to 14.9k in less than a minute. please stabilize already..</quote> ... Copied to Clipboard!
clearaflagrantj 12/07/17 7:11:19 AM #83:	fire_bolt posted... I fucking had a chance to get in when BTC was at like 25 cents per coin. A friend explained it to me in great detail one day because he was buying $100 of it on a whim and I was like "lolno this is a scam unless you're a miner" and passed. He's still got his coins and I'm feeling stupid lol Second best time to plant a tree man <cite>clearaflagrantj posted [p:891744765] in Bitcoin is... [t:76069474]...</cite> <quote><cite>fire_bolt posted...</cite> <quote>I fucking had a chance to get in when BTC was at like 25 cents per coin. A friend explained it to me in great detail one day because he was buying $100 of it on a whim and I was like "lolno this is a scam unless you're a miner" and passed. He's still got his coins and I'm feeling stupid lol</quote> Second best time to plant a tree man</quote> ... Copied to Clipboard!
ToucheAmore 12/07/17 7:11:21 AM #84:	fire_bolt posted... I fucking had a chance to get in when BTC was at like 25 cents per coin. A friend explained it to me in great detail one day because he was buying $100 of it on a whim and I was like "lolno this is a scam unless you're a miner" and passed. He's still got his coins and I'm feeling stupid lol Hey at least youre close friends with a millionaire now. Thats pretty cool. --- *Money ain't a thang but a hip-reach* http://i.imgur.com/jnKrzaL.gif <cite>ToucheAmore posted [p:891744766] in Bitcoin is... [t:76069474]...</cite> <quote><cite>fire_bolt posted...</cite> <quote>I fucking had a chance to get in when BTC was at like 25 cents per coin. A friend explained it to me in great detail one day because he was buying $100 of it on a whim and I was like "lolno this is a scam unless you're a miner" and passed. He's still got his coins and I'm feeling stupid lol</quote> Hey at least youre close friends with a millionaire now. Thats pretty cool.</quote> ... Copied to Clipboard!
Ballstopshere 12/07/17 9:51:16 AM #85:	16k soon, we are experiencing a second boom. in 5 months people who said they missed out now will be saying I missed out 5 months ago <cite>Ballstopshere posted [p:891749770] in Bitcoin is... [t:76069474]...</cite> <quote>16k soon, we are experiencing a second boom. in 5 months people who said they missed out now will be saying I missed out 5 months ago</quote> ... Copied to Clipboard!
clearaflagrantj 12/07/17 9:55:53 AM #86:	Ballstopshere posted... 16k soon, we are experiencing a second boom. in 5 months people who said they missed out now will be saying I missed out 5 months ago They'll never learn <cite>clearaflagrantj posted [p:891749952] in Bitcoin is... [t:76069474]...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>16k soon, we are experiencing a second boom. in 5 months people who said they missed out now will be saying I missed out 5 months ago</quote> They'll never learn</quote> ... Copied to Clipboard!
DifferentialEquation 12/07/17 10:00:04 AM #87:	clearaflagrantj posted... Ballstopshere posted... 16k soon, we are experiencing a second boom. in 5 months people who said they missed out now will be saying I missed out 5 months ago They'll never learn I think people are learning. So far, no one in this topic (or the last few) was under the impression that you have to buy whole bitcoins. --- There's no business to be taxed. <cite>DifferentialEquation posted [p:891750124] in Bitcoin is... [t:76069474]...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Ballstopshere posted...</cite> <quote>16k soon, we are experiencing a second boom. in 5 months people who said they missed out now will be saying I missed out 5 months ago</quote> They'll never learn</quote> I think people are learning. So far, no one in this topic (or the last few) was under the impression that you have to buy whole bitcoins.</quote> ... Copied to Clipboard!
lesidesi 12/07/17 10:25:25 AM #88:	sold down about half of my remaining bitcoins over the past day ~24 left and will hang on a bit more <cite>lesidesi posted [p:891751225] in Bitcoin is... [t:76069474]...</cite> <quote>sold down about half of my remaining bitcoins over the past day ~24 left and will hang on a bit more</quote> ... Copied to Clipboard!
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Current Events > Bitcoin is now over $14,000. (+) Yeah! (+)

Current Events > Bitcoin is now over $14,000.