Survivalist Forum - Reply to Topic
Survivalist Forum

Advertise Here

Go Back   Survivalist Forum > > >
Articles Classifieds Donations Gallery Groups Links Store Survival Files


Notices

Financial Forum Economics and Precious Metals

Advertise Here
Thread: Why the hell is a bitcoin $608 right now? Reply to Thread
Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Register Now

In order to be able to post messages on the Survivalist Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Gender
Insurance
Please select your insurance company (Optional)

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Additional Options
Miscellaneous Options

Topic Review (Newest First)
12-08-2019 05:46 AM
LoveLife Another great interview video...if you can get past the Australian journalist!
Tim Draper is a Stanford educated, billionaire who has invested in
winning companies for decades.

https://youtu.be/H6Xz4luFb2c

His crystal ball is crystal clear.
AI, technology, and crypto.
Invest in the Kodaks of the world if you must.
But as for I and my family, we chose the road less traveled.
“The Wright Brothers didn’t have pilot licenses”!
12-08-2019 02:09 AM
LoveLife
Quote:
Originally Posted by rriley View Post
Get Ready for the IRS:

The IRS released a new form you’ll need to complete your 2019 tax return. They are asking whether you’ve acquired, exchanged or sold a financial interest in virtual currency.

Earlier this year, the IRS sent letters to some taxpayers who’ve made virtual currency transactions, telling them to pay back taxes and file amended returns.

Taxpayers are required to keep track of all of their transactions and their cost basis.

Failure to report could be considered fraud and there is no statute of limitations on IRS fraud.
Other than the crypto question across the top of the 1040 form,
those trading rules are no different from stocks and bonds.
Or real estate. Or Precious metals. Or derivatives trading.
Nothing to fear if you track your trades and pay any taxes due.
More anti crypto FUD.

Here you go, “crypto taxes for dummies”:
https://taxbit.com/

Or if complicated tax computations keep you up at night,
https://bitcoinira.com/
Walla...no need to track your trades...and tax free after age 59.5
Use the IRS rules. Don’t fear them.
12-07-2019 11:11 PM
rriley Get Ready for the IRS:

The IRS released a new form you’ll need to complete your 2019 tax return. They are asking whether you’ve acquired, exchanged or sold a financial interest in virtual currency.

Earlier this year, the IRS sent letters to some taxpayers who’ve made virtual currency transactions, telling them to pay back taxes and file amended returns.

Taxpayers are required to keep track of all of their transactions and their cost basis.

Failure to report could be considered fraud and there is no statute of limitations on IRS fraud.
12-07-2019 06:26 PM
LoveLife
Quote:
Originally Posted by prankster View Post
Not too long ago many many SMART people were begging Bernie to allow them to open an account. And so it goes brilliant fellow!
If you are trying to deter crime, then the blockchain is much more transparent
than any banker's ledger.

https://www.bloomberg.com/news/artic...ing-in-bitcoin

Nordea Bank bans employees from trading Bitcoin on their OWN time!!
And a Danish court (the Socialist defender of individual rights - hehe)
upholds the banks right to ban employee activity at home!!

Ironically, this is the same bank that was found guilty of laundering Russian cash.
Typical bankster...do as we say..not as we do.

Cryptocurrencies level the playing field.
That is why bankers and elites hate crypto.
The enmity has everything to do with criminal activity.
Because banks and cash are neck-deep into such activity:
money laundering, sanction busting, market price manipulation,
usury interest rates, bail-ins/bail-outs, red-lining, currency printing.
All illegal if any of us did it.
12-07-2019 06:09 PM
prankster
Quote:
Originally Posted by Unbelievable View Post
you have fun with that.



fyi, the tulip analogy is usually the analogy spouted off by people who have no idea about bitcoin and have no ability to comprehend bitcoin, and just want to spread fear, uncertainty, and doubt. Its one of the first negative viewpoints discovered upon googling "bitcoin"....

so good job outing yourself, NOOB. lol
Not too long ago many many SMART people were begging Bernie to allow them to open an account. And so it goes brilliant fellow!
12-07-2019 03:46 PM
Unbelievable
Quote:
Originally Posted by prankster View Post
Gonna get me 10,000 tulips!
you have fun with that.



fyi, the tulip analogy is usually the analogy spouted off by people who have no idea about bitcoin and have no ability to comprehend bitcoin, and just want to spread fear, uncertainty, and doubt. Its one of the first negative viewpoints discovered upon googling "bitcoin"....

so good job outing yourself, NOOB. lol
12-07-2019 12:00 PM
prankster Gonna get me 10,000 tulips!
12-07-2019 02:25 AM
LoveLife Take a few minutes prankster and get enlightened:

https://www.forbes.com/sites/michael.../#5f763b9d4b4c


“I think of that as an example of the role I can do in helping people better understand blockchain and cryptocurrencies; breaking it down into terms that people can understand and then perhaps find comfort in it. Or if not, at least have a healthy debate without hyperbole and innuendo.”

Just what this thread could use!
12-06-2019 11:55 PM
prankster We ain't got no stinkin' bittulips!!
12-06-2019 02:55 PM
LoveLife And while Prankster is trying to plug the leaks,
here are the first cracks in the government crypto adoption.
All dam bursts began as tiny leaks.

The Marshall Islands are issuing its own cryptocurrency:
https://www.coindesk.com/why-the-mar...cryptocurrency

“To date, countries that have issued their own cryptocurrencies include Ecuador, China, Senegal, Singapore, Tunisia, though these countries will not be standing alone for long with Estonia, Japan, Palestine, Russia and Sweden looking to launch their own national cryptocurrencies. Some of these countries are likely to take it a step further and replace paper tender altogether with China being one nation that is looking to take one step beyond a virtual and paper version.”
https://www.fxempire.com/education/a...urrency-443966

I will love it when the Dutch offer their national crypto and call it the TULIP !!
12-06-2019 02:42 PM
LoveLife
Quote:
Originally Posted by prankster View Post
We ain't got no stinkin' bittulips!
Nein!!
Deutsche Bank is German.
Tulips are Turkish.

Reread post #2357
12-06-2019 11:40 AM
prankster We ain't got no stinkin' bittulips!
12-06-2019 10:54 AM
LoveLife This is Deutsche Bank writing the below.
The 17th largest bank in the world.
Notice they say “crypto” not just blockchain.
(My highlights)

“Deutsche sees the potential in cryptocurrencies taking off as a payment method given the advantages of speed, security, minimal cost and "relevance in the digital era".

The German bank therefore concludes that a new, mainstream cryptocurrency may emerge in the decade ahead.

With regulatory support, their appeal and adoption could increase and eventually replace cash, given the desire of governments and banks to move to a cashless society. “

https://www.finextra.com/newsarticle...e-fiat-by-2030
12-05-2019 12:45 AM
Unbelievable
Quote:
Originally Posted by LoveLife View Post
$100,000,000 is a lot of zeros.
But bitcoin (crypto in general) will rise in value.
What will an investor pay for a currency that is deflationary?
What will a refugee pay for the opportunity to move his wealth a crossed a border?
What will a corporation pay to move millions of dollars for just pennies?
What will Facebook pay to launch Libra so it can monetize social media?
What will citizens pay for a store of wealth that their government cannot print at will?

If governments and bankers are soiling themselves over crypto,
John Q. Public is going to start taking this eco system seriously.
I think personally that a lot of bitcoin will be lost because of people sending it to invalid wallets and that is one of the reasons its going to skyrocket....

another huge thing about crypto is the ability to transfer wealth to family after passing without the .gov trying to take a cut..

and another thought that just will not leave my mind about crypto is how it is totally going to change the way our governments operate. Governments may even cease to exist! I think that's why many of them are trying to scramble now to make their own crypto coins.

the whole industry is going to be absolutely amazing and is going to spur many many jobs. SOOOOOOOO MANY JOBS!

I want to go to school for it right now and immerse myself into it more then I am capable of immersing myself into it now...

know of anywhere legit?
12-05-2019 12:39 AM
Unbelievable
Quote:
Originally Posted by LoveLife View Post
I am in agreement that online advertising sucks.
However, as consumers we embrace it.
There is very little pushback.
Cable tv was supposed to be “commercial free”.
Similarly, XM radio.
But when given the choice of pay per view OR advertising,
society chooses against subscriptions.

SurvivalistBoards is just trying to monetize their Internet forum.
Crypto micro payments might offer a third option.
The ability to monetize, but offer the consumer the ability to be selective.
For example...no advertising, but an online reader pays 1 penny to
read the “why is bitcoin at $608” thread.
Or 5 cents to gain access to all SB financial threads.
That could be a viable alternative if the reader has no interest in the other threads.

But as stated before, that can only be done with crypto.
Credit cards and PayPal will not accept micro payments.
crypto may end the annoying ads! great point man! you blow my mind with all of this stuff.... you could easily write a book right now simply with the stuff you have posted in THIS THREAD alone! so there you go man... go copy and paste each of your threads into Microsoft word, make a book out of them, then CASH OUT!
12-04-2019 01:27 PM
LoveLife
Quote:
Originally Posted by Unbelievable View Post

I was seeing predictions of bitcoin hitting 100 million in 20 years.... easily going to happen...
$100,000,000 is a lot of zeros.
But bitcoin (crypto in general) will rise in value.
What will an investor pay for a currency that is deflationary?
What will a refugee pay for the opportunity to move his wealth a crossed a border?
What will a corporation pay to move millions of dollars for just pennies?
What will Facebook pay to launch Libra so it can monetize social media?
What will citizens pay for a store of wealth that their government cannot print at will?

If governments and bankers are soiling themselves over crypto,
John Q. Public is going to start taking this eco system seriously.
12-04-2019 01:09 PM
LoveLife [QUOTE=Unbelievable;19907088]alright one more I promise....

I was seeing predictions of bitcoin hitting 100 million in 20 years.... easily going to happen...

https://hackernoon.com/what-will-bit...s-7e75481a798c


Another reason that we find it difficult to predict the future is because we are preconditioned. There are exceptions, but for the most part teachers, politicians, and news media serve up the status quo at best, and push negativity at worst. Positivity doesn’t sell newspapers...”if it bleeds, it leads”.

Look at the negativity just in this thread:
- crypto is only used by criminals
- we don’t need no stinking bittulips
- unethically promoting a Ponzi

Shortsighted dismissal.
Purveyors of the status quo.
No vision of what could be.

Fortunately, every day the eco system chugs forward.
Every day, Debbie-downers get converted.
Digital assets will be an evolutionary revolution.
12-04-2019 12:36 PM
LoveLife I am in agreement that online advertising sucks.
However, as consumers we embrace it.
There is very little pushback.
Cable tv was supposed to be “commercial free”.
Similarly, XM radio.
But when given the choice of pay per view OR advertising,
society chooses against subscriptions.

SurvivalistBoards is just trying to monetize their Internet forum.
Crypto micro payments might offer a third option.
The ability to monetize, but offer the consumer the ability to be selective.
For example...no advertising, but an online reader pays 1 penny to
read the “why is bitcoin at $608” thread.
Or 5 cents to gain access to all SB financial threads.
That could be a viable alternative if the reader has no interest in the other threads.

But as stated before, that can only be done with crypto.
Credit cards and PayPal will not accept micro payments.
12-04-2019 11:14 AM
rriley
Quote:
Originally Posted by Unbelievable View Post
what's with all of the ads on this site? I've been gone for a bit but these new ads are making me say F this place! taking up my whole screen.

These ads suck.
12-03-2019 03:23 AM
Unbelievable alright one more I promise....

I was seeing predictions of bitcoin hitting 100 million in 20 years.... easily going to happen...

https://hackernoon.com/what-will-bit...s-7e75481a798c


https://youtu.be/-KJPP7GkuPU
This thread has more than 20 replies. Click here to review the whole thread.

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -5. The time now is 12:16 PM.


Powered by vBulletin®
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Optimisation provided by DragonByte SEO (Lite) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Copyright © Kevin Felts 2006 - 2015,
Green theme by http://www.themesbydesign.net