Bitcoin to Hit $20K
Discussion in 'Other News' started by Chinatown, Sep 2, 2018.
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If you made money,sell it.
The IRS is confiscating accounts on bitcoin.
They're watching it like a hawk.
It's considered a criminal enterprise set up
To launder money.
To many fake accounts and mysterious transactions
Of large amounts of money to unknown people.
It's like a pumped up stock. -
If you don't hold it you don't own it.
magoo68 Thanks this. -
Have any of you guys tried using Robinhood or Coinbase to buy/sell stocks or cryptocurrency?
I recently downloaded the apps and have been fiddling with them. It's really easy but I'm a bit lost. -
As far as confiscation goes I'm doubtful that it's happening outside of actual criminal investigations and IRS tax audits. It's basically all speculation, but also how every other fiat currency works anyway. Just keep in mind that every transaction in history is logged publicly so if you buy with your wallet, and spend with your wallet you are publicly identified. There's lots of services to launder it and be anonymous though.LameMule Thanks this. -
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What about dogecoin?
I see it dropped after Elon was on SNL.
I just opened up a Robinhood account and wondered if I should make a small purchase.
I started the account today w $1000 and the wife is none the wiser. I can afford to lose it if it tanks.
Anyone have any thoughts on it.
My retirement investments are managed by a private firm locally so they wouldn't be involved here.Chinatown Thanks this. -
Dennixx Thanks this.
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