Funny Subhead Which Makes it Clear that really is really a Joke
This just in, apparently Bitcoin went due to a great information, but subsequently down thanks to a FUD. Pros state up more and down likely.
What happened was W-exchange had X occur for this, shortly after BTC only hit a important point. Subsequently Y-country said “we might ban it,” and afterward your store fell Z%. Subsequently, out of left field in 4am it pumped, and shorts got rekt (this likely happened as a result of Sharia law).
However, as it happens that has been justWyckoff distribution. As, following an indication humpback whale having a robot obtained benefits, the store collapsed down again (which is sensible together with Chinese New Year just a little over a year off ).
Luckily, a Bitcoin fork does a tricky fork which doesn’t produce coins, so that is an easy Z% right there.
However, one should watch out for the drop, last thing you want to do is be holding the coin everyone is excited about when the event everyone is talking about actually happens (that is pure rat poison).
Overall, Bitcoin is expected to go to either $50k or zero as institutional investors enter the store, bringing some a lot of needed stability to cryptocurrency (NOTE: $50k is 61.8% resistance and should result in a healthy bounce, according to some guy named Elliot, ***** if ***** it doesn’t move to zero alternatively; that can be quite improbable unless something crazy appears such as a stunt in a market or some condition attempts to prohibit Bitcoin).
In the mean time, don’t forget to add up the dollar value of every cryptocurrency you did everything with after all 2010 and pay the IRS an exact specific percentage of that based on an estimate of your income on a quarterly basis to avoid fees, audits, and jail time (please note that converting your crypto to cash to pay the IRS is a taxable event).
When in doubt, simply see the detailed official documentation, use the tools provided by the IRS or exchanges, or consult with your personal accountant you keep on payroll who studied how to convert those spreadsheets the exchanges spit out into something the IRS will accept.
TIP:For a balanced perspective, consider Warren Buffet thinks we are all crazy, but John McAfee predicts the dollar will lose so a lot of value that Bitcoin will essentially be worth infinity.
NOTE: Please feel free to copy this article, put it up on Steemit, and not provide attribution. And remember, if your friends are trying to warn you it is a pyramid scheme, and that 100% returns in a month aren’t realistic, they also desire your enterprise to neglect also you also ought to cut them from your own life.