BobbyCoins Posted May 13, 2021 Report Share Posted May 13, 2021 25 minutes ago, abenjami said: Anyone invested in $CUMMIES yet? lol @woolfolksunclesuncle? woolfolksunclesuncle, and Supdawg 1 1 Link to post Share on other sites More sharing options...
9 Nines Posted May 13, 2021 Report Share Posted May 13, 2021 (edited) The sooner you start humming this tune, the sooner you might stop losing money: Edited May 13, 2021 by 9 Nines Link to post Share on other sites More sharing options...
titanruss Posted May 14, 2021 Report Share Posted May 14, 2021 1 hour ago, 9 Nines said: The sooner you start humming this tune, the sooner you might stop losing money: losing money? lol... how? crypto allowed me so much financial freedom at a young age it feels unreal. original investments? Paid off Student loans/car - paid off. Home down payment - paid with crypto Home renovation... paid off. Trip to croatia for a month last sept/oct - paid with/from crypto sales Trip to greece in two weeks for ~ month.. hotels/flights - paid off. then some profits taken have gone to stocks and other things. At this point if it went to zero I'm still up a ton. if it hits 200k in the next 5 years then property is paid off and will have a large down payment for a second rental house Link to post Share on other sites More sharing options...
BobbyCoins Posted May 14, 2021 Report Share Posted May 14, 2021 (edited) I really like this guy's approach to the Musk fud and crypto talk in general. He's more into the trading aspects of crypto, but I like his approach. Very "keep calm and steady the ship" vibes. Plus, he kinda looks like a Dollar Tree Hugh Jackman playing Wolverine. Edited May 14, 2021 by NashvilleNinja Link to post Share on other sites More sharing options...
abenjami Posted May 14, 2021 Report Share Posted May 14, 2021 3 hours ago, titanruss said: losing money? lol... how? crypto allowed me so much financial freedom at a young age it feels unreal. original investments? Paid off Student loans/car - paid off. Home down payment - paid with crypto Home renovation... paid off. Trip to croatia for a month last sept/oct - paid with/from crypto sales Trip to greece in two weeks for ~ month.. hotels/flights - paid off. then some profits taken have gone to stocks and other things. At this point if it went to zero I'm still up a ton. if it hits 200k in the next 5 years then property is paid off and will have a large down payment for a second rental house But did you report the gains and pay taxes on them when you sold? Jamalisms 1 Link to post Share on other sites More sharing options...
titanruss Posted May 14, 2021 Report Share Posted May 14, 2021 (edited) 57 minutes ago, abenjami said: But did you report the gains and pay taxes on them when you sold? of course. and in hindsight i shouldn't have sold at all as BTC appreciated against the value of all those sells significantly. I'd be net a fuckton more if I just paid them off on the normal schedule. Imagine what the the ~55k paid off in student loans paid off back in 2017-19 would be worth in BTC today... if it grows to become a steady growing store of wealth, holding more fiat debt could become the norm. I'm happy with it though. Did what I needed to do and alot of the big items were tax deductible. Edited May 14, 2021 by titanruss Link to post Share on other sites More sharing options...
OILERMAN Posted May 14, 2021 Report Share Posted May 14, 2021 Link to post Share on other sites More sharing options...
OILERMAN Posted May 14, 2021 Report Share Posted May 14, 2021 If Bitcoin was regulated Musk was clearly guilty of a crime and it's also clear there was definite insider trading going on here. Link to post Share on other sites More sharing options...
Supdawg Posted May 14, 2021 Report Share Posted May 14, 2021 31 minutes ago, OILERMAN said: This inflow was from Binance. Everyone knows that Coinbase is the exchange that handled his previous buys. No way they would trust Binance to sell. Link to post Share on other sites More sharing options...
abenjami Posted May 14, 2021 Report Share Posted May 14, 2021 1 hour ago, Supdawg said: This inflow was from Binance. Everyone knows that Coinbase is the exchange that handled his previous buys. No way they would trust Binance to sell. Unless of course he/they wanted to create a layer of separation to make it seem like the inflow came from someone else. But why wouldn't people trust Binance anyway? Link to post Share on other sites More sharing options...
wiscotitansfan Posted May 14, 2021 Report Share Posted May 14, 2021 3 hours ago, OILERMAN said: If Bitcoin was regulated Musk was clearly guilty of a crime and it's also clear there was definite insider trading going on here. It's insane how people don't attack this aspect of crypto more. I'm all for the gains I've seen from crypto but a lot of people are in for a very rude awakening when this shit stops being the wild west OILERMAN 1 Link to post Share on other sites More sharing options...
9 Nines Posted May 14, 2021 Report Share Posted May 14, 2021 3 hours ago, OILERMAN said: If Bitcoin was regulated Musk was clearly guilty of a crime and it's also clear there was definite insider trading going on here. Elon Musk strikes me as a very unethical, egotistical person. He has a large stake in Tesla, but even counting family ownership, he only has a minority position in Tesla. I suspect insiders threatened to oust him if he did not quit these bitcoin charades as far as operations within Tesla. Then they came out with the face saving "environmental" excuse. If so, it is probably two parts: first announce no selling of vehicles for bitcoin, then sell its bitcoin holdings to later disclose the sale explaining it was done for same "environmental" reasons. titanruss, OILERMAN, and pat 2 1 Link to post Share on other sites More sharing options...
BobbyCoins Posted May 14, 2021 Report Share Posted May 14, 2021 1 hour ago, wiscotitansfan said: It's insane how people don't attack this aspect of crypto more. I'm all for the gains I've seen from crypto but a lot of people are in for a very rude awakening when this shit stops being the wild west How would you improve regulation? And can you define "being the wild west"? Link to post Share on other sites More sharing options...
wiscotitansfan Posted May 14, 2021 Report Share Posted May 14, 2021 2 minutes ago, NashvilleNinja said: How would you improve regulation? And can you define "being the wild west"? Exact same way the SEC regulates the market. Just because something is global doesn't mean laws shouldn't apply Link to post Share on other sites More sharing options...
titanruss Posted May 14, 2021 Report Share Posted May 14, 2021 1 hour ago, 9 Nines said: Elon Musk strikes me as a very unethical, egotistical person. He has a large stake in Tesla, but even counting family ownership, he only has a minority position in Tesla. I suspect insiders threatened to oust him if he did not quit these bitcoin charades as far as operations within Tesla. Then they came out with the face saving "environmental" excuse. If so, it is probably two parts: first announce no selling of vehicles for bitcoin, then sell its bitcoin holdings to later disclose the sale explaining it was done for same "environmental" reasons. lol... Tesla made more in BTC in 4 months than their entire 18 year product sales history combined. They didnt sell shit. Guarantee you they bought the dip they helped create. (there were several other factors including binance for the dip) We'll probably find out in 3 months they added 300 mill to their position. Very blatant market manipulation by Musk. Just like he said he was working with the developers of Doge.. lol.. no he's not. Link to post Share on other sites More sharing options...
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