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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1397

post #13961 of 22522
Quote:
Originally Posted by chronicfx View Post

So I have had two friends text me articles about bitcoins imminent death in the coming future. Does anyone have any input on whether or not this holds any actual water?

no not really, its all scaremongering, just a way to scare people away so they can capitalize more.

imo its actually not that far from it, but that's just an opinion?

with national debts killing countrys left right & center. its only a matter of time before crypto's get targeted for undermining fiat money systems.

Time will tell, but its not over till its over, just be careful is all I can say rolleyes.gif
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post #13962 of 22522
Quote:
Originally Posted by ozzy1925 View Post

Quote:
Originally Posted by barkinos98 View Post

How do you guys still mine doge i dont get...
It has low rates, and difficulty is very high compared to other coins.
Like, why not find an easy coin and mine the hell out of it to profit more?
easy like what?

miyav koyin for starters
(meowcoin)
 
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post #13963 of 22522
Quote:
Originally Posted by chronicfx View Post

So I have had two friends text me articles about bitcoins imminent death in the coming future. Does anyone have any input on whether or not this holds any actual water?

Well we would need to see the articles to see if they hold any water right?
post #13964 of 22522
Quote:
Originally Posted by korruptedkaos View Post

no not really, its all scaremongering, just a way to scare people away so they can capitalize more.

imo its actually not that far from it, but that's just an opinion?

with national debts killing countrys left right & center. its only a matter of time before crypto's get targeted for undermining fiat money systems.

Time will tell, but its not over till its over, just be careful is all I can say rolleyes.gif

People are trying to talk me into dumping and buying back next week at a cheaper price. Mind you I have never sold a single coin in my last 4 months of mining. I am all hold, and not even set up on these sites. Have you thought about this at all?
post #13965 of 22522
Quote:
Originally Posted by JMattes View Post

Well we would need to see the articles to see if they hold any water right?

It was from CNN money. I don't see that as unlegit. Just maybe not as versed in the crypto trade as some of us are on the site.
post #13966 of 22522
Quote:
Originally Posted by JMattes View Post

haha I hear you.. For a cool 2 million I may due two years.. for what I actually stand to make.. oh ell no! The couple of grand I may make isnt even worth community service.. tongue.gif

My cousin does his own taxes and you should see what this kid tries to write off because he thinks he's an accountant since he went to school for it.. I am like bro if they audit you, your going to be in trouble..

Some get lucky man and will get away with out.. With my luck I will be the guy who gets pinched over penny's..
To each there own.. Best of luck though.. It will be a long and interesting year (unless you started withdrawing last year)

I wouldn't worry about are measly little amounts lol.

what I mean is if you had that much of it, I would deffo dodge the taxman at all costs.

Like digicidal supposedly has a fair chunk of bitcoin but doesn't want to cash it out in fear of the IRS coming after him & increasing the percentage he already pays.

I would if I was in his position certainly find a way to get at those gains & if your clever enough there would be no recourse to you at all.

third party? , buy goods with bitcoin. resell slighty undervalue for cash! put cash in safe! sit & laugh at the taxman & the banks!

seriously though its not that hard to dodge tax thumb.gif
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post #13967 of 22522
Quote:
Originally Posted by chronicfx View Post

It was from CNN money. I don't see that as unlegit. Just maybe not as versed in the crypto trade as some of us are on the site.

These anti Bitcoin articles pop-up everytime, they are sitting there waiting to be published, then fleshed out with fresh details when the fall happens, ignore them.
post #13968 of 22522
Alrght I need a fresh start guys, what's everybody mining right now?
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post #13969 of 22522
Quote:
Originally Posted by Deadboy90 View Post

Alrght I need a fresh start guys, what's everybody mining right now?

Maxcoin... not amazingly profitable.. but the pools and exchanges are stable.. just not the worth of the coin haha..
post #13970 of 22522
Quote:
Originally Posted by Deadboy90 View Post

Alrght I need a fresh start guys, what's everybody mining right now?

I'm stackin me some meows thumb.gif
 
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