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Wednesday, January 17, 2018

BITCOIN TO THE GRAVE NOW as CRYPTO MARKET CRATERS

*****CRYPTO MARKET CRASH*****


Image result for cop light animated gif

BITCOIN DESTROYED

BITCONNECT SHUT DOWN

ALT COINS DESTROYED

IT'S THE END of CRYPTOS



*****CRYPTO CRASH******

MAJOR CRYPTOSPHERIC DISASTER







...developing...

6 comments:

  1. Jsnip has a huge 2017 tax problem. Trader class-ordinary income. Liquidated cryptos to by house and RV-cap gains. Will have to liquidate all cryptos to pay tax liability-which creates a 2018 tax liability. He's effed. Has bigger problems than haters

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  2. And cryptos are half what they were when all his activities took place. He's effed. Better get off his high horse and start figuring out how the hell he's going to get out of this mess....maybe Trader Boss will flip him some crypto...which would be another taxable event

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  3. Just watched Jsnip's latest video. He has no idea what's coming his way tax wise. If all litecoin went into his personal wallet from trading class before he forward Trader Boss his share, he has to report 100% as ordinary income at the value it was the day it hit the wallet. No, doubt Trader Boss told him to forward his share after the 1st of the year...2018 vs 2017 taxable event. It's worth half now and Trader Boss will want his cut...what it was worth when they came in. Jsnip will have to liquidate all cryptos and still be negative 6 figures (TraderBoss + taxes). He'll have no cryptos, neg. 6 figures. I predict this is when cryptos take off and "shoot to the moon". Sometime after April 15

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  4. Trader Boss's Trust used snippy like a rented mule...and right at the end of the year. Catastrophic timing from which he may never recover. He's a pompous fool. I feel bad for his wife and kids. Plus, he roped his boss and co-workers and many of his subs into his net as well. His life is about to become a living hell. This has become a real life reality show tragedy playing out before our very eyes.

    ReplyDelete
  5. Whilst this is a major correction in price this is not unprecedented in Bitcoin. Bitcoin has had several major corrections during its lifetime. Andreas Antonopoulos talks about this in one of his videos. I think everyone knew there would be a correction after such an incredible run up last year. If Bitcoins true worth is 500K plus as some people believe then this is just a bump along the road. There are problems that Bitcoin needs to overcome such as transaction fees and block size. Once these problems are solved this price will be a distant memory as we will be so much higher than we are now. I do feel sorry for anyone who bought in recently as the worst time to buy is at the top end of a rally. Providing they can wait this out and there are no major hacks or problems technically they will be fine.

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  6. You might be right, however, Jsnip is in trouble due to 2017 tax reasons. He needs to start liquidating now due to the limited amount they allow you to pull out and transfer back to your bank account...just to be able to pay his 2017 taxes. I actually feel bad for him, to fall so hard and fast in such a public way. The worse thing that happened to him was the day Trader Boss came into his life...otherwise he could have weathered the storm. If he attempts to evade paying taxes he'll have even bigger problems. I wish him well, I really do.

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