Bitcoin has topped.

[Sprout]

The IRS has already ruled on cryptos since 2014, and cryptos are taxed as property. If you own property like real estate or cryptos, and you're taxed on the gain on that property when you transfer or sell it, then that's a positive for the government, not a negative. You will not see the U.S. government put a ban on property ownership.



I'd say that BTC has definitely retained its purchasing power over the years, wouldn't you?

View attachment 259311

They probably look at a chart like this and say ‘See! Tulipmania!’ at each correction.

 

[DiceAreCast]

Depending on when you invested yes and no

The IRS has already ruled on cryptos since 2014, and cryptos are taxed as property. If you own property like real estate or cryptos, and you're taxed on the gain on that property when you transfer or sell it, then that's a positive for the government, not a negative. You will not see the U.S. government put a ban on property ownership.



I'd say that BTC has definitely retained its purchasing power over the years, wouldn't you?

View attachment 259311

 

[DiceAreCast]

You perfectly made my case that btc are hardly a store of value so far nor a means of payments.

They probably look at a chart like this and say ‘See! Tulipmania!’ at each correction.

View attachment 259315

 

[Master Pu]

 

[johnarb]

Why is it that most crypto evangelists, or otherwise believers versus plain 'ol speculators,
significantly underestimate the powers and abilities of governments?

Why is it that crypto haters or nocoiners want so much for the government to ban bitcoin and cryptos even when so many news point otherwise

Morgan Stanley, Fidelity, Goldman Sachs, Bank of New York, Visa, Mastercard, Guggenheim, Square, Venmo, CME, and on and on are investing in bitcoin and cryptos and you think the USG will ban it? lmao

Go complain to your congressman, coz bitcoin is bad and hurting your feelings

https://twitter.com/x/status/1395445393576501253

 

[tiddlywinks]

Why is it that crypto haters or nocoiners want so much for the government to ban bitcoin and cryptos even when so many news point otherwise

Morgan Stanley, Fidelity, Goldman Sachs, Bank of New York, Visa, Mastercard, Guggenheim, Square, Venmo, CME, and on and on are investing in bitcoin and cryptos and you think the USG will ban it? lmao

Go complain to your congressman, coz bitcoin is bad and hurting your feelings

https://twitter.com/x/status/1395445393576501253

First of all pal, I am not a hater or no-coiner. I speculate in the crypto-asset space.
ENJ was most current... June 2020 thru March, April, and May 2021. No crypto hodls at present.

Secondly, I am not complaining...beyond the annoying palette of one color that most crypto evangelists/believers espouse!!

As for the previous infographic, it makes perfect sense for a vehicle that only recently became worthy of skepticism and exploration based on actual numeric metrics in relation to governments. Will it be updated regularly in the months, weeks, and years ahead? Only if the color matches the palette is my guess.

 

[johnarb]

First of all pal, I am not a hater or no-coiner. I speculate in the crypto-asset space.
ENJ was most current... June 2020 thru March, April, and May 2021. No crypto hodls at present.

Secondly, I am not complaining...beyond the annoying palette of one color that most crypto evangelists/believers espouse!!

As for the previous infographic, it makes perfect sense for a vehicle that only recently became worthy of skepticism and exploration based on actual numeric metrics in relation to governments. Will it be updated regularly in the months, weeks, and years ahead? Only if the color matches the palette is my guess.

You replied on the subject of "government ban" to Baron and I replied to you on that subject

 

[Master Pu]

First of all pal, I am not a hater or no-coiner. I speculate in the crypto-asset space.
ENJ was most current... June 2020 thru March, April, and May 2021. No crypto hodls at present.

Secondly, I am not complaining...beyond the annoying palette of one color that most crypto evangelists/believers espouse!!

As for the previous infographic, it makes perfect sense for a vehicle that only recently became worthy of skepticism and exploration based on actual numeric metrics in relation to governments. Will it be updated regularly in the months, weeks, and years ahead? Only if the color matches the palette is my guess.

Man, I feel your frustration, it's like talking to members of a religious cult, they get very easily upset and angry even at a hint that you may dare not to share their point of view. And of course, it's the rags to riches syndrome for some, some of these guy's egos are super inflated, now that some have quit their jobs and retired from BTC profits, you could just imagine them telling their grandchildren that would sit on their laps and grandad recites weekly the story of bitcoin and grandad...Once upon a time, your grandad was young and stumbled upon this coin, it was a magic coin...

 

[tiddlywinks]

Man, I feel your frustration, it's like talking to members of a religious cult, they get very easily upset and angry even at a hint that you may dare not to share their point of view. And of course, it's the rags to riches syndrome for some, some of these guy's egos are super inflated, now that some have quit their jobs and retired from BTC profits, you could just imagine them telling their grandchildren that would sit on their laps and grandad recites weekly the story of bitcoin and grandad...Once upon a time, your grandad was young and stumbled upon this coin, it was a magic coin...

 

[tiddlywinks]

You replied on the subject of "government ban" to Baron and I replied to you on that subject

And let's look at that post...

And YOUR response...

Why is it that crypto haters or nocoiners want so much for the government to ban bitcoin and cryptos even when so many news point otherwise

Morgan Stanley, Fidelity, Goldman Sachs, Bank of New York, Visa, Mastercard, Guggenheim, Square, Venmo, CME, and on and on are investing in bitcoin and cryptos and you think the USG will ban it? lmao

Go complain to your congressman, coz bitcoin is bad and hurting your feelings

https://twitter.com/x/status/1395445393576501253

Clearly, YOU are an evangelical snowflake on the topic!!