Bitcoin Birder and Odler Hodler
Joined Aug 2018
Honey Badger was attacked by a pride of 10 lions.
He killed 1 and commenced eating it (without a fork), as the other 9 ran away to tell the story.
Honey Badger cares not about forks.
https://twitter.com/kenn3d/status/1328827241011286019/photo/1
#Bitcoin is in full NgU mode again, +7% today.
Honey Badger struts straight up the mountain cuz he know where da honey is.
Lions and cobras see him trotting along his way, but most know not to attack him.
He cares not who sees him going.
#Bitcoin #ta
I'm not a trader, (#btfd and #hodl), but I try to scoop out a few stackable sats anytime the price drops sharply on a few consecutive hourly candles. Anybody using Strike? @ln_Strike
Bitcoin is rising steeply on the longer term from here I believe. Every satoshi acquired now will be more valuable soon. #stacksats
But sadly, ThreeD's answer is undoubtedly correct.
I know licensing the Tesla in the new owner's name will require documentation of Sales Tax having been paid. Which forces a USD basis conversion to a dollar value for the transaction. At which point the capital gains in the long held BTC will be taxed yet again and heavily, which discourages both parties from doing the deal.
It doesn't feel right, because it isn't right. But I believe it is the right answer to the OP question.
I like @TallTim's answer b/c it feels right.
The BTC was purchased and paid for with USD that had been honestly earned and saved, and which had already been taxed at least once as income from legal wages. The trade/barter for the car was agreed and entered into by sovereign individuals without malice or fraud. And no conversion of the Bitcoin back into dollars took place. Why should the govt be allowed to tax it again after the fact?
So, this guy is selling a great low-mileage Model 3 on a P2P site, asking 37.5k.
And someone makes him a firm and honest offer of 2 BTC for his clean title.
If they do that deal, what do the IRS and DMV have to say about it?
What do #Bitcoin "community" influencers have to say about such transactions generally?
https://twitter.com/kenn3d/status/1324478084398145537
Another shout! Another cry! And the walls come tumbling down.
Yes. #Bitcoin
https://www.youtube.com/watch?v=VO59MarfyBE
TwitterTwitter
Any significant pullback from $15k will prove a #BTFD soon enuf.
So FOMO or you WillMO.
kenn3d
boosted
https://twitter.com/kenn3d/status/1322990533845917702
1/ Bitcoin is NgU: +5% this week, +30% this month, +92% ytd, and +245% since the worldwide Covid Crash (8 months ago). It is out-performing every other investment in all asset classes including other "cryptos", by a wide margin.
----
4/ Another parabola is coming soon...
FOMO or you WillMO.
https://twitter.com/kenn3d/status/1322990533845917702
1/ Bitcoin is NgU: +5% this week, +30% this month, +92% ytd, and +245% since the worldwide Covid Crash (8 months ago). It is out-performing every other investment in all asset classes including other "cryptos", by a wide margin.
----
4/ Another parabola is coming soon...
FOMO or you WillMO.
flwup: If any of your tx appear stuck...
My latest tx dtd 10/26/20 confirmed this am (4days) w/fee of $1.29 (68.2 sat/vB)
Meanwhile the Mempool has grown currently with 55 Blocks remaining to Clear.
Estimated date of the next difficulty adjustment Nov2, 2020
Estimated Difficulty Change
-13.9%
hope this helps
Mempool traffic jam
Transactions 64,913
Percentage RBF 15.4%
vSize 37.54 MB
Blocks to Clear 38
Pending Fees 14.99 BTC
Pending Fees Value $196,604
Time Since Last Block 44min
My time preference is somewhat higher than many Bitcoiners because my time horizon is likely shorter than most Bitcoiners.
But I'm mainly stackin' for my children, who are still up on the surface, staring down the rabbit hole looking for their father.
Odler Hodler
Byda, Phukingdip, & Hodl
- Attorneys at Law -
We provide Citadelic Legal Services for OG's, Maximalist Trolls and Well-Qualified Hodlers of all ages.
(BTC only)
Shitcoiners need not apply.
(No, we can't just all get along)
Magic Internet Money...
(This was only a test of the emergency broadcasting system.)
Sent a bech32 transaction from my new BitBox02 (using coin control and custom fees) to my old Ledger Nano, and then sent it all back to a new bech32 UTXO on the Bitbox02.
Completed and confirmed both transactions on-chain in <2 hrs for 6 cents in network fees. But the BTC moved was worth about 10 dollars more by the time it made the round trip.
Unfairly cheap? 🤔 ❤️ 👍 😎
Shitcoiner Tales
I used to know this shitcoiner guy... He had amazing paper profits in Eth but lost most of it holding out for the flippening and proof of stake. Eventually he got impatient, sold all his Ethereum and bought Egregium which soon dumped hard. So he sold that junk at a big loss and bought Linoleum.
Ended up a tycoon in the mobile home flooring business.
Noob: How's Bitcoin doin' lately?
Odler Hodler: Well, my stack lost $5600 in the last 24 hours
Noob: Oh NO!
O H: But it's up $11.5k this week
Noob: What?
O H: Yeah, I'm down $17k for the month though
Noob: Egads wtf?
O H: But year to date I'm up $78.5k
Noob: OMG!
O H: Yep, I'm up $168k since ...
Noob: Nevermind. Too wild for me!
Jameson Lopp asks:
Q: "Which bitcoin hardware is best?"
https://twitter.com/lopp/status/1304494220682690561
Good question @lopp
Wonder how good the answer(s) will be. @nvk
Bitcoin Birder and Odler Hodler
Joined Aug 2018
