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Bitcoin #8161933 02/09/21 04:14 PM
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huck18 Offline OP
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woot

Re: Bitcoin [Re: huck18] #8161936 02/09/21 04:17 PM
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NORML as can be Online Content
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Originally Posted by huck18
A lot of ignorance in this thread. Yall keep doubting bitcoin all the way till it reaches $1,000,000.00


up


(R-TX) .-- " TCNN CURL CRLB VFF VRNO AYR SNDL CGC TLRY MSOS "

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Re: Bitcoin [Re: huck18] #8161943 02/09/21 04:20 PM
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bill oxner Offline
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Missed the boat on that one. bang


Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill


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Re: Bitcoin [Re: bill oxner] #8162092 02/09/21 05:31 PM
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huck18 Offline OP
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Originally Posted by bill oxner
Missed the boat on that one. bang



How’s that? It’s tracking that way. 5 years, 10 years?

I don’t know and I never gave a timeline.

Re: Bitcoin [Re: NORML as can be] #8162093 02/09/21 05:32 PM
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Originally Posted by NORML as can be
Originally Posted by huck18
A lot of ignorance in this thread. Yall keep doubting bitcoin all the way till it reaches $1,000,000.00


up



What percentage has it gone up since then? 200%, 300%, 500%?

Re: Bitcoin [Re: huck18] #8162098 02/09/21 05:36 PM
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fadetoblack64 Offline
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I was thinking of you this morning............continued prospering to you amigo up

Re: Bitcoin [Re: huck18] #8162102 02/09/21 05:37 PM
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huck18 Offline OP
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Re: Bitcoin [Re: fadetoblack64] #8162103 02/09/21 05:40 PM
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huck18 Offline OP
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Originally Posted by fadetoblack64
I was thinking of you this morning............continued prospering to you amigo up



Thank you!! It’s twice as satisfying when you line your pockets while proving the haters, doubters, experts completely clueless.

Re: Bitcoin [Re: huck18] #8162108 02/09/21 05:46 PM
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fadetoblack64 Offline
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Man that's some sweet chart porn
woot

Re: Bitcoin [Re: huck18] #8162113 02/09/21 05:52 PM
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Bit and doge have done me really well, wish I had had the cojones to put about 30k into it.

Re: Bitcoin [Re: huck18] #8162119 02/09/21 05:57 PM
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tailchaser93 Offline
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I just bought 5,000 dogecoins. I wish I would have a couple weeks ago.

Re: Bitcoin [Re: huck18] #8162225 02/09/21 07:12 PM
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We have a some, idiot BIL talked the wife into it in 2011 so he was actually fairly smart years back on this one. I’m not the investment minded type but I think we’re currently rich. clap

Re: Bitcoin [Re: bill oxner] #8162381 02/09/21 09:23 PM
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Originally Posted by bill oxner
Missed the boat on that one. bang

Your gonna miss out on The Rocket to The Moon too if you don't get ya some pot stocks, They are smokin cool2


(R-TX) .-- " TCNN CURL CRLB VFF VRNO AYR SNDL CGC TLRY MSOS "

_=====___=________==-



Re: Bitcoin [Re: huck18] #8163442 02/10/21 03:02 PM
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Western Offline
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What do you guys use to store crypto? Hardware, online app? My son brought this up yesterday and I have no idea


If at first you dont succeed, then skydiving is not for you..

"Don't trust everything you read on the Internet"- Abraham Lincoln

Dennis

Re: Bitcoin [Re: Western] #8163508 02/10/21 03:30 PM
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huck18 Offline OP
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Originally Posted by Western
What do you guys use to store crypto? Hardware, online app? My son brought this up yesterday and I have no idea


Trezor cold storage. It's basically an encrypted flash drive type storage.

Re: Bitcoin [Re: huck18] #8163511 02/10/21 03:33 PM
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Originally Posted by huck18
Originally Posted by Western
What do you guys use to store crypto? Hardware, online app? My son brought this up yesterday and I have no idea


Trezor cold storage. It's basically an encrypted flash drive type storage.


Thank you sir, I guess that is a hardware type? Son mention zano 2 or something like that but said they can be a pita to set up


If at first you dont succeed, then skydiving is not for you..

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Dennis

Re: Bitcoin [Re: huck18] #8163626 02/10/21 04:21 PM
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Just don't forget your password.


Originally Posted by Superduty
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.

Re: Bitcoin [Re: huck18] #8163658 02/10/21 04:37 PM
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So is this "mining" really how biticon took off?


It takes beer to make thirst worthwhile - J. Fred Schmidt

The internet is an I.Q. Test, people post their scores in the comment section.
Re: Bitcoin [Re: Herbie Hancock] #8163692 02/10/21 04:55 PM
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Originally Posted by Herbie Hancock
So is this "mining" really how biticon took off?

Yes back in the day. There are some nerds out there that did this when it first started that had a lot of bitcoin and turned into millionaires pretty much over night. A lot of them probably had it on a flash drive or hard drive and misplaced millions or forgot passwords to their encryptions and missed out on millions. Really wish I had done it and could retire now, but I missed the boat. It also didn't use to be so hard to mine either, before they created specialized machines to mine with you could mine with a regular computer. Now it would take 100+ years or so to mine one coin.


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Re: Bitcoin [Re: NORML as can be] #8163747 02/10/21 05:29 PM
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Originally Posted by NORML as can be
Originally Posted by bill oxner
Missed the boat on that one. bang

Your gonna miss out on The Rocket to The Moon too if you don't get ya some pot stocks, They are smokin cool2


Pot stocks, name some that you are in. I could invest in that.

Re: Bitcoin [Re: huck18] #8164795 02/11/21 12:55 PM
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The IRS can really spoil the fun of investing. Folks with the cryptos sure better keep some records.

Some credit card bank announced a few days ago that they will accept Bitcoin for payment. Therefore, if you pay your credit card bill you cause a "taxable event." I imagine the FIFO accounting method is what the IRS will want. FIFO is "FIRST IN FIRST OUT." Therefore if you have had Bitcoin since it was $200 and pay a $5,000 credit card bill when Bitcoin is at say $40,000, then you owe the IRS tax on damn near all of that payment. I'm no CPA, so that scenario is my best guess based on other investment activity of my own when it comes to taxation.

https://www.nerdwallet.com/article/investing/bitcoin-taxes

Re: Bitcoin [Re: huck18] #8164814 02/11/21 01:16 PM
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Somes still wish they had their emus

Re: Bitcoin [Re: Hudbone] #8164841 02/11/21 01:43 PM
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fadetoblack64 Offline
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The oldest bank in America will now be storing Bitcoin on behalf of its asset-management clients, according to the Wall Street Journal.
“Digital assets are becoming part of the mainstream,” said Roman Regelman, chief executive of BNY Mellon’s asset-servicing and digital businesses.

https://www.zerohedge.com/crypto/americas-oldest-bank-adopts-cryptocurrencies
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oh its going mainstream with AI and Blockchain about to take over so much .

Re: Bitcoin [Re: huck18] #8178227 02/20/21 08:46 PM
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Bitcoin was as high as $57,500 Geez!

Re: Bitcoin [Re: huck18] #8178276 02/20/21 09:47 PM
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Thinking about shorting RIOT,MARA and CAN. All bitcoin mining plays. They've run up too far too fast.

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