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To: WhatNot
Unless the exchange shuts down. Which by coincidence when one exchange shuts down, they all shut down at the same time.

No need to spread FUD. Some exchanges got slow in the large upticks, but they are stable most of the time now. But exchanges are for cashing out. The mining network never got slow, just expensive. So if you wanted to send Bitcoin to someone you always could and always will be able to.

Bitcoin investors beware: The IRS wants its cut and you may not know it

Yes, I know. I am paying long term capital gains to the IRS, but it is less than 1/4 of the profits. Not a bad problem to have.

52 posted on 12/29/2017 8:15:12 AM PST by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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To: palmer

Just looked it up. It appears that my long term cap gains rate is 15%. That would be awesome because I will get a big refund based on extra charitable donations I made anticipating a big capital gain.


53 posted on 12/29/2017 8:20:16 AM PST by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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To: palmer
you always could and always will be able to.

I'm not convinced of that at all.

Theft and exchange shutdowns

Yes, I know. I am paying long term capital gains to the IRS

Well, so much for getting rich in secret with bitcoin, that's all I was pointing out.

58 posted on 12/29/2017 11:33:36 AM PST by WhatNot (The Gospel doesn't promise the American dream, it promises Eternal life in the Kingdom of God.)
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