Here is an example of paying an un-realized gains tax starting with 1 btc purchased at 10k, and a btc price of 100k increasing by 30% annually.
minor correction, $40B ibit investors these wallstreet tradfi are getting a taste of bitcoin ngu tech for the first time prolly nothing...
Is this like the first rodeo for all you guys and the rest of the clown show of talking heads? Oh boy a bitcoin etf that tracks bitcoin is outperforming the market?????? That can't be expected can it? Do you think it means something? Do you think that if bitcoin regularly out performs the market, and since this is an etf designed to track bitcoin that it too might out perform the market?????? lol
- $60B of ETF inflows - $60B of Tethers printed Looks like a complete coincidence, nothing to see here!
Bitcoin's tech sucks ass. It's basically the most expensive spreadsheet & random number generator. The only "technology" there is, is "number goes up". And it is a mere coincidence that number keeps going up as they are printing Tethers that have no proof of backing after 10 years of promising an audit.
@johnarb Let's get some numbers out here to reference back to. You are saying that bitcoin reaches 100k by the end of the year...not exactly a remarkable call btw considering I said the same thing more than 6 months ago. I am saying that 100k is a big nothing burger, and if this does not follow through to 183k in the short term, that this H&S break out is a fail. So there really is no need to post 1k increments like some noob.