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| 07:25 AM | ||
| Users Online Now: 1,588 (Who's On?) | Visitors Today: 432,990 | |
| Pageviews Today: 695,313 | Threads Today: 201 | Posts Today: 3,512 |
| 07:25 AM | ||
God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? | |
| Anonymous Coward User ID: 21422482  United States12/27/2017 02:56 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 75038797 United States12/27/2017 02:59 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74033525 United States12/27/2017 02:59 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73663602 United States12/27/2017 03:01 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? There is not one person in the country that avoids paying capital gains on investments. Quoting: Anonymous Coward 74033525 This law legitimizes cryptocurrency to Fiat conversion. Obama let us trade cryptos and never ever got involved In comes Trump and his cuckservetives and they fucked it all up So year for years and years under Obama people avoided it Fuck trump and the cuckservetives |
| Anonymous Coward User ID: 74033525 United States12/27/2017 03:04 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74033525 United States12/27/2017 03:04 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? There is not one person in the country that avoids paying capital gains on investments. Quoting: Anonymous Coward 74033525 This law legitimizes cryptocurrency to Fiat conversion. Obama let us trade cryptos and never ever got involved In comes Trump and his cuckservetives and they fucked it all up So year for years and years under Obama people avoided it Fuck trump and the cuckservetives You must be under 25. Conservative is what keeps the country on the rails moving forward pal. |
| Anonymous Coward User ID: 73663602 United States12/27/2017 03:11 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? There is not one person in the country that avoids paying capital gains on investments. Quoting: Anonymous Coward 74033525 This law legitimizes cryptocurrency to Fiat conversion. Obama let us trade cryptos and never ever got involved In comes Trump and his cuckservetives and they fucked it all up So year for years and years under Obama people avoided it Fuck trump and the cuckservetives You must be under 25. Conservative is what keeps the country on the rails moving forward pal. Fuck. So what's his talk about to much regulations? His regulations just fucked us You will be guilty of tax invasion if you trade on biance on kucoin How can you be into cryptos and support Trump he just fucked every one in America who deals in cryptos Everyone else in the world takes home tax free profits |
| Anonymous Coward User ID: 58902256 United States12/27/2017 03:13 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73340869 United States12/27/2017 03:14 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? capital gains? If your crypto increases in value you have made income and owe tax on it whether you sell it or not. Where does it say cryto is subject to capital gains laws like stocks? |
| Anonymous Coward User ID: 75038797 United States12/27/2017 03:16 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74422807  Spain12/27/2017 03:16 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? Sounds like a nightmare that most won't bother with. The only viable way is to regulate each and every exchange to charge tax in the transaction. Going to an overseas exchange won't do any good as you are required to verify with id. All overseas banks now are already required to report the accounts of any American Citizens. |
| Anonymous Coward User ID: 10485453 United States12/27/2017 03:18 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? Coins held for less than a year are subject to regular income tax, which can range anywhere from 10 to 37 percent, depending upon personal income levels. Coins held for longer than one year are subject to long-term capital gains tax, which caps at around 24 percent. |
| Anonymous Coward User ID: 10485453 United States12/27/2017 03:19 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 75038797 United States12/27/2017 03:20 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? and just how would they implement this? would each trader be responsible for producing a copy of all trades made within the year? Quoting: Anonymous Coward 74422807 Sounds like a nightmare that most won't bother with. The only viable way is to regulate each and every exchange to charge tax in the transaction. Going to an overseas exchange won't do any good as you are required to verify with id. All overseas banks now are already required to report the accounts of any American Citizens. When cashing out into USD that money gets deposited into an account somewhere. They will probably have a new investment form sheet to fill out that has to jive with what figures the banks report to the IRS. |
| Anonymous Coward User ID: 10485453 United States12/27/2017 03:22 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74422807 Spain12/27/2017 03:25 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? There is not one person in the country that avoids paying capital gains on investments. Quoting: Anonymous Coward 74033525 This law legitimizes cryptocurrency to Fiat conversion. Obama let us trade cryptos and never ever got involved In comes Trump and his cuckservetives and they fucked it all up So year for years and years under Obama people avoided it Fuck trump and the cuckservetives You must be under 25. Conservative is what keeps the country on the rails moving forward pal. Fuck. So what's his talk about to much regulations? His regulations just fucked us You will be guilty of tax invasion if you trade on biance on kucoin How can you be into cryptos and support Trump he just fucked every one in America who deals in cryptos Everyone else in the world takes home tax free profits The United States has formed a global network to avoid tax evasion. That's why Americans overseas, who do not reside in the US, are required to file every year. You may not have to pay, but you have to file. Every EU bank is required to turn in info on American Citizens or face huge fines. This is the reason for the spike in Citizenship renunciations. If the US can do this, you can bet the EU and other countries like Austrailia are next. |
| Anonymous Coward User ID: 74422807 Spain12/27/2017 03:27 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 75038797 United States12/27/2017 03:27 PM Report Abusive Post Report Copyright Violation | |
The Deplorable Guitarist
 User ID: 69875288  France12/27/2017 03:28 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 10591708 United States12/27/2017 03:28 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? and just how would they implement this? would each trader be responsible for producing a copy of all trades made within the year? Quoting: Anonymous Coward 74422807 Sounds like a nightmare that most won't bother with. The only viable way is to regulate each and every exchange to charge tax in the transaction. Going to an overseas exchange won't do any good as you are required to verify with id. All overseas banks now are already required to report the accounts of any American Citizens. I have 4 account on overseas accounts and none asked for I'd Fucking slow fuck coinbase is the only one that asks for id |
| Anonymous Coward User ID: 10485453 United States12/27/2017 03:30 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73545786 United States12/27/2017 03:34 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? uh dude...did you really think you'd be able to buy and sell and not pay taxes? Quoting: Anonymous Coward 10485453 I was trading crypto for 6 years under obama and never got taxed This is news to me OP. 5 stars for bringing this to my attention. Guess I gotta call a lawyer or an accountant. Now I have to waste money because of trump. |
| Anonymous Coward User ID: 75038797 United States12/27/2017 03:34 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73545786 United States12/27/2017 03:35 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? uh dude...did you really think you'd be able to buy and sell and not pay taxes? Quoting: Anonymous Coward 10485453 What is going to be taxed? The total sale? Only the profit from the sale? just the profit. I think capital gains for most of us is 15% So what the fuck happens if I wire $20,000 from my binance account to my bank? Money laundering for trading in Chinese exchange that didnt tax me? |
| Anonymous Coward User ID: 75750609  Canada12/27/2017 03:38 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73545786 United States12/27/2017 03:39 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? You guys knew this was coming, they can see everything you do and will be coming for their cut. Quoting: DaleGribble They laughed at me when I told them. Who's laughing now mother fuckers? It's all Trump's work...can't blame this on Obama or the Democrats This was PURE REPUBLICAN FUCKERY |
| Crypto-King
User ID: 26132452 United States12/27/2017 03:41 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? just leave all your investment in on whatever coins you want and hold. Dont start trading other coins for others. When you are ready to cash out dont send it to your bank. Use cryptopia to buy items using your bitcoins like " Gold, silver, autos then sell that for U.S Currency CASH Crypto-King |
| Anonymous Coward User ID: 73265115  Norway12/27/2017 03:43 PM Report Abusive Post Report Copyright Violation | |
| The Patriot Mind
User ID: 75712664 United States12/27/2017 03:43 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? No government is going to allow people to make that kind of returns thus far tax free The irs has already been hauling people to court for huge amounts over the last two years ... you always were legally required to report taxable gains now they improved the law to get to where the real money will be made ... shorting the cryptos on Wall Street Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014 Signed, The Patriot Mind |
| Anonymous Coward User ID: 75038797 United States12/27/2017 03:43 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? You guys knew this was coming, they can see everything you do and will be coming for their cut. Quoting: DaleGribble They laughed at me when I told them. Who's laughing now mother fuckers? Many of us get laughed at for warning them. I take no pleasure from being told I was right later as usually then people want to ask you for guidance. |
| The Patriot Mind
User ID: 75712664 United States12/27/2017 03:45 PM Report Abusive Post Report Copyright Violation | Re: God damnit Trump fucked the American crypto market, we are getting taxed! We they charge us with tax invasion if we trade over seas? just leave all your investment in on whatever coins you want and hold. Dont start trading other coins for others. When you are ready to cash out dont send it to your bank. Use cryptopia to buy items using your bitcoins like " Gold, silver, autos then sell that for U.S Currency CASH Quoting: Crypto-King Way to encourage people to go to jail for tax evasion if they file a return that doesn’t include those gains ... with an electronic trail to boot ... Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014 Signed, The Patriot Mind |
