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The Tax-Ularity - will it fuck coins?

I'm calling this event the Tax-Ularity. The time when most ...
bateful public bath
  01/07/18
...
Bronze odious wrinkle kitchen
  01/07/18
yes i think we have a few months, but this is obviously a...
Big-titted Navy Mexican
  01/07/18
Is most of the money not Oriental/random richmos like the Wi...
massive thriller garrison
  01/07/18
Some of the money is literally fraud, printed out of the blu...
white hideous address
  01/07/18
jfc
Big-titted Navy Mexican
  01/07/18
Check out the second link that I just added: https://cryp...
white hideous address
  01/07/18
pretty terrible, ty for sharing
Big-titted Navy Mexican
  01/07/18
https://coinmarketcap.com/currencies/volume/24-hour/ more...
mahogany meetinghouse clown
  01/07/18
I doubt it will have a net negative effective. Hitting the ...
Hyperventilating gaming laptop spot
  01/07/18


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Date: January 7th, 2018 4:58 PM
Author: bateful public bath

I'm calling this event the Tax-Ularity. The time when most old-crypto-millionaires hit the long-term-gains threshold. Will everyone dump at that point? should we expect huge crashes in the next 6 months or so when crypt-millionaires from last year dump their holds?

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35103880)



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Date: January 7th, 2018 5:01 PM
Author: Bronze odious wrinkle kitchen



(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35103908)



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Date: January 7th, 2018 5:01 PM
Author: Big-titted Navy Mexican

yes

i think we have a few months, but this is obviously a ginormous bubble that will burst at some point

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35103916)



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Date: January 7th, 2018 5:08 PM
Author: massive thriller garrison

Is most of the money not Oriental/random richmos like the Winkelvosses? For the Petermans of the world, they're only paying ~24% on the majority of a $100k gain. If they haven't already taken some profit then I don't see how long term cap gains tax would be too much of a catalyst when all of their gains - equivalent to like 30 years of shrewd savings and investment returns - could vanish overnight. Their stack dropping to 0 doesn't motivate them, but saving a few % will?

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35103953)



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Date: January 7th, 2018 5:23 PM
Author: white hideous address

Some of the money is literally fraud, printed out of the blue and poured into crypto to prop up prices. Look up tethers:

https://www.newsbtc.com/2017/09/05/yet-another-25-million-tethers-created-blue/

https://cryptovest.com/news/bitcoin-at-11000-still-propped-by-usdt/

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35104065)



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Date: January 7th, 2018 5:24 PM
Author: Big-titted Navy Mexican

jfc

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35104069)



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Date: January 7th, 2018 5:24 PM
Author: white hideous address

Check out the second link that I just added:

https://cryptovest.com/news/bitcoin-at-11000-still-propped-by-usdt/

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35104075)



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Date: January 7th, 2018 5:36 PM
Author: Big-titted Navy Mexican

pretty terrible, ty for sharing

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35104144)



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Date: January 7th, 2018 6:31 PM
Author: mahogany meetinghouse clown

https://coinmarketcap.com/currencies/volume/24-hour/

more than the entire market cap (currently 2 bil) turns over every day

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35104476)



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Date: January 7th, 2018 5:11 PM
Author: Hyperventilating gaming laptop spot

I doubt it will have a net negative effective. Hitting the year mark also will increase trading liquidity because it will free up ETH for more crypto-to-crypto trades.

(http://www.autoadmit.com/thread.php?thread_id=3852412&forum_id=7#35103978)