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Any bitcoin data miners here?

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  • #16
    Exile Machine
    No longer in Business
    CGN Contributor - Lifetime
    • Oct 2009
    • 9551

    No need to mine anything. Just buy as much Bitcoin as you can possibly afford and HLOD onto it until you're a billionaire.

    -Mark
    Manufacturer of CA AWB Compliance Products from Oct 2009 to Nov 2018

    Comment

    • #17
      OutlawStar
      Member
      • Sep 2010
      • 455

      You've got a few million dollars in bitcoins and you're worried about taxes?

      Comment

      • #18
        Sam Culper
        Junior Member
        • May 2016
        • 48

        Originally posted by OutlawStar
        You've got a few million dollars in bitcoins and you're worried about taxes?
        It's unrealized..but yes. Profit is profit. Tax is tax.

        Comment

        • #19
          Sam Culper
          Junior Member
          • May 2016
          • 48

          Also if I realize it, I'm almost certain I'll be forced to leave the military...I don't want that.

          Comment

          • #20
            harbormaster
            Calguns Addict
            • Jun 2017
            • 5875

            GBTC

            You can look up the stock symbol. Its an ETF of sorts tracking bitcoin. I bought a very small sum on Halloween - I sold it yesterday at a 133% gain in less than a month. I know that's unlikely to happen. I did this in my ROTH IRA so I'm elated - no taxes. It has since dropped about $300 a share so I'm going back in again.
            1. Compared to what?
            2. At what cost?
            3. What hard evidence do you have?

            T.S. debunking the Left in 3 simple questions.

            Comment

            • #21
              Rusty_Shackleferd
              Senior Member
              • Jun 2014
              • 1107

              BTC, ETH or LTC?

              Comment

              • #22
                comblock
                Senior Member
                • Jan 2010
                • 1318

                Originally posted by Exile Machine
                No need to mine anything. Just buy as much Bitcoin as you can possibly afford and HLOD onto it until you're a billionaire.

                -Mark
                HODL

                Comment

                • #23
                  Exile Machine
                  No longer in Business
                  CGN Contributor - Lifetime
                  • Oct 2009
                  • 9551

                  Originally posted by comblock
                  HODL
                  I stand corrected!
                  -Mark
                  Manufacturer of CA AWB Compliance Products from Oct 2009 to Nov 2018

                  Comment

                  • #24
                  • #25
                    harbormaster
                    Calguns Addict
                    • Jun 2017
                    • 5875

                    all three

                    Why not do all three? I had a few hundred to gamble a few weeks ago and bought some of all three. Man I didn't expect what I got in return. I already took the $200 back out and have $300 left in.

                    Originally posted by Rusty_Shackleferd
                    BTC, ETH or LTC?
                    1. Compared to what?
                    2. At what cost?
                    3. What hard evidence do you have?

                    T.S. debunking the Left in 3 simple questions.

                    Comment

                    • #26
                      harbormaster
                      Calguns Addict
                      • Jun 2017
                      • 5875

                      crapper

                      Yes I sold it at a nice gain. Now its almost 2x as high. I lost out on gaining $1,300 more then the 133% I got in a short period. When is the crash coming?


                      Originally posted by harbormaster
                      GBTC

                      You can look up the stock symbol. Its an ETF of sorts tracking bitcoin. I bought a very small sum on Halloween - I sold it yesterday at a 133% gain in less than a month. I know that's unlikely to happen. I did this in my ROTH IRA so I'm elated - no taxes. It has since dropped about $300 a share so I'm going back in again.
                      1. Compared to what?
                      2. At what cost?
                      3. What hard evidence do you have?

                      T.S. debunking the Left in 3 simple questions.

                      Comment

                      • #27
                        Helixfury
                        CGN Contributor
                        • Aug 2010
                        • 1059

                        check MGTI, just go short
                        https://www.calguns.net/forum/market...rader-feedback

                        Comment

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