So don't post s*** like this in here after a day like this then lmao. Let us have some fun

How can I be taxed on what I sold if they dont know what I bought it at?

You’ve been wrong since ktt1 brother

what did you sell

Ive made a lot of little transactions mostly, cause Coinbase is linked to my bank account, but ive never bought from Coinbase

New US stimulus plan everyone gets one ethereum token

Tax time is not going to be fun for me

Hopefully the way taxes work itll assume I bought the coin for the price it got deposited at so there will be nearly no taxes

I was correct about 2-4k

More than once actually

I didn't recommend, but I said I felt like I can see those pop

Most of you guys aren't playing with real money anyways

Seemed like I was right about 2-4k, twice

If you called it and don’t have 5+ bitcoins by now it doesn’t matter

official millionaires itt should b listed in op

How much profit you made at the withdrawals? Every transaction is a taxable event.

How would the govt possibly know how much profit I made if all I did was transfer them in and then immediately sell them for cash to my bank account?

Coinbase keeps records and reports you after a certain amount

We need a finance sxn

But their only records are the coins being transferred in and then immediately sold, they don't know how much or if I even made profit

Bruhh it’s shows what price you bought at and sold at if you go thru your history. Least It does for mine.

But I didnt buy it on coinbase bro I just transferred it into coinbase. Are they really going to go thru the actual bitcoin transaction history? and even then that doesnt prove when I bought it

does gemini still have the lowest fees ? @0

Ahh I feel you. after you withdraw 25k plus they’ll still notify the irs or sumthin like that

Crine wish went public today and nobody talked about it. Trading below below their own valuation