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Crypto currency (IF banned from CA)

nikom court said:
if you want to create long term wealth then you need to get out the fiat mindset.
why would you want to sell something as scarce and valuable as bitcoin for something that loses 10/20% year on year!
why would you want to create a taxable event?
coinbase wont hesitate in grassing you up to HMRC if you hit any of their triggers!
your long term goal should be to accumulate as much bitcoin and other assets as possible,
IMHO trying to time the market is only going to end up tears.
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nikom court said:
im not planning on spending or selling anything,my long term goal (2034,might be earlier depending on btc price) is to accumulate as much bitcoin as possible then retire.
i will consider the tax implications then.
tbh bank loans are tax free,cheap 0-2%.i can also get 7/8% interest on my bitcoin.
iv also got an irish passport and could move to malta,germany or portugal where you dont pay any taxes on btc gains.so theres plenty of nice options!
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nikom court said:
its obvious you are leaving it open so nobody can ever call you out,
its always going to 10k tommorow!
i havent revised my opinion to yours,i have changed my 120k call so it doesnt expire,
just like your 10k call.
so 120k is back on the table?
what will come first 10k or 120k?
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nikom court said:
you called 10k 12 months ago and its gone nowhere near.
im not interested in grayscale or anything to do with short term price movements.
grayscale is run by barry silbert,whos a shitcoiner like yourself.
i actually do hope it goes to 10k because i love the crashes and love buying up great investments on the cheap.
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nikom court said:
it would suggest those charts are irrelevent.
bitcoin is the best long term hedge against inflation.
show me a better hedge over the last 5 years
get on google and prove me wrong!
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nikom court said:
do you admit bitcoin is the best hedge against inflation over the last 5 years
yes or no?
as for el salvador the people will decide if its a failure or not.
the elections are next year and bukele will win by a landslide,the rest is all noise.
the 5 year chart bruce put up was coinbase v nasdaq,
im not sure what this has to do with bitcoin,maybe you can find something!
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nikom court said:
Totally unfazed, buying all the way down!View attachment 169809
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Just a few of my favourite posts to remember our favourite Bitcoin bag holder by.
 

Efcjake said:
Just a few of my favourite posts to remember our favourite Bitcoin bag holder by.
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great, he was so adamant on his 120k call and completely baffled at my 10k call. He also hated me calling out the el salvador failure and why the lightning network is crap, loved it when he would just post some random btc meme as a way of trying to win an argument
 

Charlie Sweet said:
It'll go down to 8 before Christmas. Trust me.
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DuuuncanHadaPigeon said:
great, he was so adamant on his 120k call and completely baffled at my 10k call. He also hated me calling out the el salvador failure and why the lightning network is crap, loved it when he would just post some random btc meme as a way of trying to win an argument
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Looks like bottom could be at $12k.

Impossible to predict.
 
YoboCopter said:
Its funny how people get tribal in crypto as ive said before got a fair bit myself but dont get offending when people laugh about it

Strange people treat it like a football team
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It is very tribal.

Wish i got involved years ago and do know a few people who done well from it in the early days.

Wouldn't touch it with a barge pole now.
 

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