Bitcoin Forum

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.

What are doing here among the stupid community? You are a member in this forum from August, 2017 and you have made 573 posts. I cannot understand why you are wasting your time.
Wish you knew how the bitcoin can be useful in near future and how much money have some people earned and how much they are earning.

Bitcoin is not a currency issued by any country. So, why tax will come? It is entirely outside the control of the government.

To me, that description sounds more like hyperinflation and endless quantitative easing.  No winners to be found there, with the notable exception of the banks, maybe.  

We've simply elected to play a different game.  One that isn't possible to lose unless everyone who is currently playing decided to forfeit the game.  Which doesn't seem likely.  

But you can play whichever game you like.  I'm enjoying this one immensely.

Casino owners also earn a lot of money - just like people behind crypto exchanges as ell as miners are making a lot of money. But the "investors" are like the gamblers. A few are lucky, just like the guy who wins at the slotmachine, but the vast vast majority will come out of this as losers.

If in a country imposes a tax on bitcoin then those users must submit their identity to the government to know how much taxes they have to pay for each transaction. This is in contrast to a decentralized system that is applied bitcoin with blockchain technology where no one party can control and control bitcoin. Bitcoin users, in essence, they join bitcoin because they are already saturated with some unreasonable payments from conventional transaction systems.

This is a silly post.

Not everyone is trying to day trade their way to a million coins. Most people involved with BTC are investing for the long term. Or work in BTC related endeavours which actually earns them BTC.

Thank you for proving my point

And also thank you to you for proving my point

Your opinion is very bad, bitcoin has nothing to do with what you mean, bitcoin is purely trading or as a transaction tool.

Then by all means make the argument that exchanges are a stupid-people tax.  Or that gambling in general is a stupid-people tax.  You could even argue that the vast majority of ICOs are a stupid-people tax.  But that's not what your thread title says, so it looks like you're making the wrong argument.  

Exchanges != Bitcoin.

Two parties can transact peer to peer without introducing any third party middlemen to take a cut.  That's how Bitcoin was designed to be used.  If your primary motive in using bitcoin is to speculate (gamble) for an increased quantity of fiat, then sure, there are lots of risks and you could easily lose.  But that's not the real purpose of Bitcoin.  If you aren't using it in the way it was intended, who's really the stupid one?

"Bitcoin is a tax on stupidity", the fact that even wrote such a ridiculous sentence clearly demonstrates that you are the stupid one.

Bitcoin isn't a tax at all, it isn't collected by the government to pay for public services, it isn't forcibly charged to country residents. Bitcoin includes a mining fee yes, but that is a fee rather than a tax, and it is optional technically, but due to supply and demand, you better pay that fee if you want your transaction confirmed quickly.

All the investors are earn some Bitcoin but some beginners are blankly invest in shit coins. It is major fault in Crypto platform. So we are not the responsible of shit investment. All the investors are not a gambler only day traders are the gambler in this platform.

Dude, then we are sailing in the same boat. Even I feel the same. I enjoy this game and I shall never ever want to quit this game for the fear of losing.

And for some obvious reasons, Bitcoin has remained successful in holding us back to this community, our very own Crypto market. It is very often that I come across views like these that is being quoted in this thread. But that's cool everybody's got their own views and they are likely to be contradictory.

Thank you for proving my point

Not everything that involves risk is automatically a casino. If everyone would follow this mindset humanity would still forage and hunt. Not necessarily a bad thing, mind you. But I've heard there's this thing called fire that some of the tribes are using to keep warm and cook their meat. Surely they must be crazy to take such a gamble.

Risk taking is part of what drives mankind forward. With every new innovation its inventor and society is taking a gamble on whether it will improve their lives.

What's your opinion on the stock market? Founding a company? Technological progress?

first of all, bitcoin is not a tax or anything for stupid people, rather, bitcoin is a good investment if you have enough patience and can use only your extra bucks, no mortgage or credit cards. then comes the second thing, bitcoin is a taxable income and investment. and final thing is, please use your precious time on something you really like or love - that will help you to be successful, please stop wasting your valuable time with "Stupid People" like us.

Such a stupid thought! Bitcoin doesn't have taxation process as government doesn't have any intervention to bitcoin. Bitcoin is an independent decentralised coin which works peer to peer. Beforing spreading negetivity, have some knowlegde about it.

My opinion of bitcoin is pure trading or as a means of transaction and not a tax levy

Your comparison is so unreasonable, a casino is a gambling place where bitcoin plunges into good trade and investment, I think you misunderstand.

In casino or lottery,we completely rely on fortune to make profits.But in bitcoin,we either gain profit when demand increases resulting in price rise or face loss when price decreases due to decrease in demand.

In my opinion. Bitcoin is not connected to government so there's no such thing about tax. Bitcoin is a dependent crypto.

I get taxed 15% on my bitcoin divestiture

To do bitcoin trading we really have to learn about graphics and often follow news that can affect bitcoin price, and do not guess like gambling, and you will benefit from the knowledge you have.

yes, we at casinos and lotteries rely on luck to be able to earn profits, but in bitcoin we can also get huge profits, and in bitcoin loss or not it all depends on our own that decide.

What are you doing here?
I don't understand how I still find these kind of statements.
Let me be clear with all of you. Time itself is a blockchain. We are all nodes who share the same worldwide events. You can't hack the past and our memory is an extensive blockchain.

I think bitcoin is not a thing like tax, you wanted to say. It is becoiming the most popular virtual currency of the world. And people with proper knowledge are making good amount of output with it.

Bitcoin is free from the dependence of any currency and he himself is gaining a price or reduces, the poet and taxes are also going no matter from countries.

Bitcoin is free from the dependence of any currency, and he himself is gaining a price or declining,
poet and taxes.

if this is a stupid thing why you also use it? even you are more active in this forum than me. bitcoin may help a person in economic terms. please keep your talk, you are like the most ignorant person.

The use of the current crypto currency can not be regarded as a gambling in a casino. Crypto currency significantly increased the level of financial relations in the world, presenting ordinary citizens more financial freedom, anonymity and confidentiality at the disposal of their funds. However, without some excesses, it does not do. I see that bitcoin can resemble a gambling when investing in it in the event that it rises too high in its value. Then the rates will be very high. Investors will either continue to receive their superprofits, or the price of bitcoin due to some negative information will begin to drop sharply and bitcoin may depreciate in a very short time due to the panic that has arisen.
In other cases, we can assume that the crypto currency has come to us seriously and for a long time.

That doesnt seem to be the best way to describe something as incredible and innovative as bitcoin. It is such a groundbreaking invention that is leading to hundreds and thousands of other implications of blockchain system.

It might be a tax for those uninformes or those who are really not willing to know anything about it yet buy it. Or else its a nice investment mode wherein people have shown enourmous trust and support.

Yes bitcoin can eliminate unemployment, but just think that if all people sit at home and try to make money on bitcoin, the market will fall. or I have another picture of the future that will divide the whole world into those who have bitcoin and those who do not.

Um. Lets start with taxes. Taxes are levied by a GOVERNMENTAL AUTHORITY. Never by a casino or lottery.(?) Nor does bitcoin have the governmental authority to demand a tax.  The only taxes involved in BTC are what your government imposes.

Second. Bitcoin is not a game, it is money. Nothing more or less, just money. You are fee to use it, in fact you can't be stopped from using it. I suppose if you do have "low intelligence" you are more likely to act foolishly and lose your money. But that is not a bitcoin problem. Such a person is likely to lose their money anyway. They'll  get swindled in a phone scam or something.  

Maybe you were just being metaphorical? In which case we could say that life's challenges are a tax on the stupid.
 ;D

actually i sense that like in our country we don't have fees but if sell our btc to them price is low compare to exchanger or trading site but still bitcoin is good to use

I think even we have fee here we need to accept that because crypto run by so much conveniece so we need to pay for that another thing this is for extra income only because we can earn here without invest but still it's good for investing

i agree with you mate, he free to get out herein community is almost a year he stay herein bitcointalk community but they didn't understand how much the bitcoin importance as virtulal crypto currency, nothing reason to stay herein community if until now he didn't understand the bitcoin principle as volatile currency.

i suggest get an hammer use for he's head to woke up their mind in the wrong understanding about crypto hahaha lol :o.

I don't think you understand what a tax is. A tax is literally a charge imposed by the government to pay / fund public expenses / projects. Bitcoin neither pays not funds public expenses. Countries could impose taxes on Bitcoin, but that would still not make Bitcoin a tax.

It is not a tax, how is it a tax?

And if it is legitimized, it will probably pay off our usual money.

Bitcoin is not a casino but bitcoin is a digital currency that is worth investing in. There is no tax in bitcoin because bitcoin is decentralized and not regulated by the government.

OP is here since 2017 posting the same thing about Bitcoin's death and its gullible, brainless investors. So much time spent on nothing. If instead of writing all this stupidity you bought Bitcoin, you'd be much happier now. This huge wave came and went away and you didn't notice it because you were too busy throwing shit at people.

https://media.tenor.com/images/d606271f08e56278a722fce0132cf839/tenor.gif

you are just trying to complete your signature. but it will be nice for you to complete your signature post with post that are meaningful and educative for others to learn or you hush away.

If my opinion the existence of bitcoin does not make a person become poor because by investing they can earn income every time and when they do not have capital, they may participate in various bounties to become the best solution so change the economic system for the better.

The OP has learned about bitcoin and the possibility of feeling loss with bitcoin so that your posts seem to disappoint. This is one emotion to make him feel calmer, everyone has his own opinion about bitcoin, so I will only study and keep hunting to get it.

Well, that's a great metaphor. Most of the investors here are not very knowledgeable about Crypto. They always look at their own profits without understanding what is going on around the Crypto market. Those are worthy of being "taxed" :D

I doubt it that he'll buy back and he seemed to be determined already that he'll remain as a skeptic now.

I'm not sure if he's just happy when he took profit last December and just want to turn all the negativity to the people that are still in here. Bitcoin isn't even a tax so I think that's really what he wanted to say but the last part of it that discourages everyone that remained.

Lolz. I cant believe that someone interested in the crypto currency forum is saying that himself. You calling yourself stupid as well.  ::)
It doesnt work like that mate, have you ever considered doing the maths and seen how much money is getting flooded here anyway ? People are here because most of them are also trying to hide the taxes from the government. Oh wait!! There are also countries who are tax free when it comes to the bitcoin and other crypto currencies. I guess its better than any other ways of earnings you may have, casino are also tax free dude.

The problem is, where is the government that are controlling and receiving these taxes? You normally associate taxes with governments and Bitcoin does not have a government. So, that must mean that the taxes are going back to the people that are experimenting in this experiment.

How nice must that be that taxes are paid and it is recycled and paid back to the tax payers again. Your argument does not make sense at all, because nobody is forcing anyone to participate in this experiment. <Governments force people to pay taxes>  ::)

I agree. The argument is clearly untenable. Nobody is forced to join or hop in in Bitcoin or in any other cryptocurrencies. Hence, we cannot compare Bitcoin to that of the taxes collected to us by our respective governments.

How can you say Bitcoin is tax when it isn't even compulsory in the first place? Tax is due the governments, just for emphasis.

In countries that have not yet recognized the legality of bitcoins for their income tax calculation, it is a very complex process. Because even many investors are not sure how much their monthly income is from precisely the mathematical trade. Many developed countries around the world have different rules about how to collect tax with pre-paid transactions. There is a country that levies Bitcoin as a foreign currency, a country that levies taxes as a valuable asset, such as gold, which has the same tax code as shares and bonds. All countries have to consider, is the management of the accurate amount of money forex transactions.

bitcoin is for future people who wants changes in life

Hello,

Really strange and ununderstable comparison...

Nothing related to countrie or whatever tax related.

Strange from old member.

Yes but in other countries not in our country so what's your point?  :P So don't judge Bitcoin easily because Bitcoin is our future and help people to grow rich.

It is if You are forced to gamble against the odds. Something BTC enthusiasts dont understand - they play against house on very poor odds.

Miners - should be crystal clear? Every halvening = 2 times less for same = pyramid.
"Investors" - often cheated into buying BTC - they gamble too. Its harder and harder to get any positive ROI there. I believe why "market calms down", is that world´s pool of fools is running empty eventually. Its hard for everyone who want to sell, to sell their coins at current prices.

Like a fucking mantra. I have heard this kind of faith in several more places, like MLM schemes, Jehovah witnesses, etc. None of them are very smart.

In this case, I advise you to go from this forum and get a job at the factory)) There are no stupid Bitcoin holders or another cryptocurrency, at the factory you will be comfortable there!

Oh, there are PLENTY of idiots, who lost their savings in approx 90% of cryptos, that turned out to be scam already. They now may indeed work in factory.

"Any Monkey Can Beat The Market"

https://www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/

You should be careful with assigning others to be "stupid". As the article before is showing, you could be one of the most stupid of all.

Indeed I believe, that all animal and plants are relatively intelligent in comparison to humans, in the average. And this gap is increasing these times, and will be finalised by war.

I suppose you made a loss, and your loss is the gain of the monkeys, too. And the monkeys will buy their wood back from your money, because your intention was to destroy the nature by seeking for goony consume.

Interesting idea! can you please elaborate it with logics and proofs?

monkeys do not need to give you a proof. Go to mars, stupid.

bitcoin is not tax but investment today that uses technology today in my opinion and I feel that taxation may be wrong and it would be nice to stay up to the present and be silent until the market goes up investors also participate in refusing taxes

your post doesn't make much sense in my opinion.. how will this be a losing game?

I agree with you, I don't know what the OP is thinking, this looks stupid especially if he has an FM rating, I think he has spent a waste of time inciting every member of this forum.

I agree with you, this person really active here just posting something stupid. I really wish this person should be kicked from this forum,
Bitcointalk is intended for people to know what is bitcoin and how they can adopt it. It's not for people who don't really care for Bitcoin.

I guess, this was just your opinion only.  Then if you think that in your understanding the member of this forum are stupid, probably  you are the first stupid member here due to you've came to the point that you achieved the position of Full member and yet I don't understand why you're still here. This a waste of time actually, if you post more here in the forum. You don't know the essence yet of what bitcoin can give a good opportunity to any community in this field of industry.

in my opinion bitcoin is not tax but stock investment and what is the proof if bitcoin is tax and what is the result if bitcoin tax in my opinion is not and the tax itself is not made into one it's wrong

Humans are animals, and in their current situation they don't even know what they are talking about.

What if I made some big money on Bitcoin? Am I considered a tax collector?

 :o I don't agree with you.NO one have right to delivery and control the bitcoin market . YOu are winner or loser depending on what you understanding about the market and how patient you are.

An interesting statement, such an analogy can be made with all high-risk financial instruments, Forex, stock market, etc

If bitcoin like lottery, why have a price and always volatile?. Bitcoin is new investment instrument and i am suggest you if you dont understand about cryptocurrency, better not invest any money and in any investment, there is always a risk

In my opinion, taxation is being collected by any government because it is part of the law, but if we talk about bitcoin it is decentralized that government has not the who regulates every transactions that's why how come it is a tax.

Bitcoin is not a tax. It is a digital crypto currency and no government dictate or hold it or manipulate the price ,volume ,volatility etc. I believe that bitcoin is not a tax because tax must be under the government regulation and bitcoin is not really depend on the government. It only depends on some investors on the crypto market.

yes bitcoin is like a lottery or any other kind of gambling since it is verry risky due to its volatility .  we can loose or win in this business but i dont agree that bitcoin is a tax because we arent tax here whenever we buy or hodl a bitcoin  . bitcoin isnt hold by a government so theres no known tax here .  if you mean volatility and tansaction fees well that is totally different from tax or being taxed because the charges are not going thru the development of the crypto ecosystem .

Bitcoin is not equated with gambling, like casino or other, bitcoin is a long-term investment, if you think so you are wrong in playing bitcoin.

This is not the first time i see this kind of shit posts around here.
But to my surprise. How the hell are you a full member?

It seems to me that you are deeply mistaken because it brings a very good profit to many users

bitcoin is not the same as gambling like casinos or whatever, bitcoin is a place to invest for short or long term, so far I don't think bitcoin is like gambling, if you think bitcoin is like gambling you are wrong.

now I am increasingly beginning to think that this is the case and all those who are greedy and do not fix profits will not earn money for bitcoin but will only lose them

I agree. Tax happens because of the intervention of the government. It is their power over things. The tax is given to the thing or tje service or a product that is under control of the government. That is why i believe that Bitcoin do mot have tax because it has a decentralized system.

Casino or Lottery maybe, but tax is definitely a no

bitcoin is not tax, because taxes must be under government regulation and bitcoin does not really depend on the government. It only depends on several investors in the crypto.This is a digital crypto currency and no government dictates or restrains or manipulates prices, volumes, volatility, etc.

are you frustrated bro? you say the wrong thing in this forum, bitcoin is not what you think, bitcoin is an innovation that will replace the role of money in future transactions

Tax is a pittance, and Bitcoin is a black hole.

Good traders are taxing bad traders, this is the only "Bitcoin tax"

I don't think that bitcoin is just like a casino or lottery because I consider bitcoin as the investment for a long time. But maybe in the future, we need to pay the tax for receiving the money to our banks. Bitcoin is not a game, but it will become a currency in the future especially if the government are ready to accept the digital money like cryptocurrency.

In each country, different legal and regulatory frameworks for Bitcoin currencies are also located. As in Australia, America ... Bitcoin is considered a kind of property, goods. But in some EU member states Bitcoin is a currency. Japan uses an intermediate approach. And here, Bitcoin is set to a value similar to the property. As a result, the collection of Bitcoin duties and the taxation of Bitcoin transactions are also very different.

Bitcoin isn't a tax at all, it is not collected by the government to pay for public services, it is not forcibly charged to country residents. Bitcoin includes a mining fee yes, but that is a fee rather than a tax.

Looks like a I found a a shit poster that didn't know what he is talking about. You've been here since last year year but it is sad that you didn't even learn the basics of Bitcoin technology and its advantages. 

No you can't tell with conviction that this is a game that we will losses because there many people who enjoying the there life and living it like they always wanted and just because of it.I agree on you point that this is like casino but in casino also there is one winner and other losers so think like winner and not like looser than only you can succeed not only here but in field.

If in a country imposes a tax on bitcoin then those users must submit their identity to the government to know how much taxes they have to pay for each transaction. This is in contrast to a decentralized system that is applied bitcoin with blockchain technology where no one party can control and control bitcoin. Bitcoin users, in essence, they join bitcoin because they are already saturated with some unreasonable payments from conventional transaction systems.

What you say I feel so funny. haha Bitcoin is taxing and says everyone investing bitcoin is stupid. Really you're wasting too much time talking about bitcoin. While everyone knows how to make a profit from Bitcoin, you ignore it.

any business is a tax, but the fact is that here a much larger percentage of people earn than anywhere else

I think that btc is a great coin with many pros and almost no cons., i have heard that it is going to provide you with the confidentiality which is a great advantage of a coin like this, as for taxes, i don't think they will be

I disagree with you because Bitcoin makes it possible for many people to earn very good money and I think that it is impossible to call investors who invest their money in Bitcoin stupid people

I think that when you store Bitcoin, you can not think about logs. This is a good alternative for tourism. You should not worry about your national currency.

A highly useful electronic ledger. Whose units you can buy, 100% voluntarily. And OP calls it a tax?

OP got burned or is a butthurt nocoiner, methinks.  :-*

I’m surprised to see this post here. Although I always keep an open mind about things and like intelligent discussions and debates, the statement you made is unfounded. Bitcoin is not a game and never will be. Yes, it comes with flaws, just like any other crypto out there. But its design and structure ensure that it is a legit digital currency that is already being used all over the world. It is also not a form of tax.
But thank you for reminding us that there is a constant need to educate society about what crypto is.

My guess is that your negative attitude to Bitcoin came from the fact that you bought it during the price bubble and now price drops..? Am I right?
Bitcoin, of course, is not a tax or lottery. It is a technology that will revolutionize the financial market. However, it looks like you need more time to understand this ..

Low Intelligent people? I thought it is your own definition of Bitcoin and I am worried because people may misinterpreted your title. Bitcoin isn't a tax nor a casino chips. It is a digital currency where we can convert fiat and can be used as P2P transaction. More easy and available for all over the world as long as it have internet. They say it is a game because they think that they need to earn a lot but for others, it is an investment or valuable coin.

no its not true, its true when you join the gambling and casino in bitcoin, if you do gambling you will makes your money is loss, so my advice dont join the gambling site with big amount of money or you will regret it

If this is your feelings towards the subject, I am at loss as to why you joined this forum? It does not seem to be a productive place if these are your beliefs?

Most likely the person has lost his money and is now offended by it. ;D The conclusions of this man are not fixed by anything.I believe that bitcoin is a technology that will change the world and the life of all mankind.And now everyone has a chance to live in the future.Do not pay attention to the price that was,is and will be.Bitoin is a bridge between the old world and the new.It is people with great intelligence and acquire bitcoin.

To do bitcoin trading we really have to learn about graphics and often follow news that can affect bitcoin price, and do not guess like gambling, and you will benefit from the knowledge you have.

Your opinion is correct, avoid bitcoin gambling sites because they certainly lose. So thinking positively and bitcoin trading will provide a more certain income than gambling. Or more relaxed, investing in the long term. Think of it as a treasure if the price of bitcoin soars.

If someone thinks that bitcoin is just like a casino or lottery, you must be out of your thinking.

Bitcoin isn't like that and a tax on stupid people? what can you say with your income tax? though this was posted was on April, I hope you changed your mind the way you look bitcoin.

If you think people who embraced bitcoin any cryptocurrency in general are stupid what are you doing here till now? Its better you quit the forum instead of posting topics that will scare the beginners for investing here I think you have made lots of profit here already.
I trust that bitcoin is an era to change the world and the lifestyles of all mankind.

Bitcoin is a trading or transaction tool. Some people are unhappy with things goes not very well. For example,  fee rates applied to cryptos. This man tried to emphasize those things. But he just couldn't make a good analogy. All I want to say is  that people hear promises but some need to realization of these promises.

No you're very wrong, Bitcoin is not like casino at all, it's mathematics, analysis and a cold mind, but you are right in one point: it is a tax on people who can't control their emotions.

if you think bitcoin is a game of fools, then you are also included because you have wasted your time joining this forum, if the loss that occurs just like we are paying taxes also sounds very stupid, at first I thought that the people involved in bitcoin are like gamblers who risk their money in luck, but after I try to understand more about bitcoin investment there is also a need for trading strategies and also thinking that cannot be done by fools however in this case they still use rational thinking, I've also seen concrete results from people who join Bitcoin and what I see are hard-working people who aren't risking their future on luck, so I think you're wrong, try to make positive topics more useful

I respect your opinion of the author, but Bitcoin is the future and you don’t need to say that it’s a bubble and only stupid people invade it

Bitcoin is not like a gambling in casino or a lottery. Its really huge diferent between it. Bitcoin is cryptocurrency that bring a new monetary system on our economic system. Lottery is a gambling, hopely you more understand how bitcoin work

yeah me too, if they don't like bitcoin and hate bitcoin, why they have the high-rank account in here? his rank is Full Member, and have the 500 ++ post, its ridiculous

I think that there is no country that makes bitcoins as a tax. We can't say bitcoin is like a gambling, casino or lottery that makes you win or lose and makes a tax on it. However bitcoin used as for trading and investments, not for gambling to be wasted.

Tax on low intelligence? I doubt, that there's something very special about btc and masses maybe except for investment easiness. Btc is just like any other financial instrument - smarter gains; other lose. If you play smart and have plenty of experience, you are likely to win. So it's quite fair from this perspective. The other question in the crowd is always inexperienced in its core.

Well for me it's not just a gamble but it has risks , some people say it is but some pros don't believe it instead of arguing on same old *beep*, they tend to just focus on trading and investment, still i drop some link below to somehow expand your understanding if it is a tax or not, for me it's not, but then again i hope it help on future questions and clarification.

Link: https://www.cnbc.com/2018/02/21/everything-you-need-to-know-about-bitcoin-and-your-taxes.html

Bitcoin is free from any tax and it a way that you are interconnected with many casinos and online betting is open for every one with out going there you can bet in the casino from every where in the world and the amount if you win can be transferred to your account with in seconds and crypto is very profitable if you use it wisely and for transaction it's fee is less as compared to the traditional payment methods.

Yes it's not a tax but it is an investment and at the same time it is like gambling or taking risk. Some will get lucky some are not, but the reason why everyone is still here because they're hopeful.

The tax on stupid people is a different approach to what bitcoin is all about. On the other hand it is a tool for clever people to get rich, and the lucky ones

If Bitcoin becomes a world currency, then it is quite possible that it will be taxes and tickets, and all those things that are enough imagination.

i dont agree with you, bitcoin is the digital currency, its not a medua for gambling or lottery. if you dont agree with bitcoin, you can try to leave this forum

You cannot easily relate bitcoin and taxation with ease. Bitcoin runs on the blockchain network which is so decentralization to the extent that taxation on transactions would be really difficult. Unlike the physical world, where the government has a lot of control over several activities, bitcoin is completely different from such issues.

Tax?? Wow it's so funny, usually normal people think that bitcoin is one of ways to avoid tax. Come on mate, let's think positively, we can't judge bitcoin is same as casino or lottery because they are absolutely different. If you enter the market for trading while you don't have necessary skill for trading then you actually do a gambling, but if you buy bitcoin for long term investment then it's not a gambling but a smart way to invest money.

If in a country that imposes a tax on bitcoin, those users must send their identity to the government to know how much they must pay for each transaction. This is in contrast to a bitcoin-enforced hierarchy with blockchain technology where no one can control and control bitcoin.

Bitcoin is not so taxing and stupid people? What can you say to your income tax? Although this was posted in April, I hope you have changed your mind the way you see bitcoin.

How come bitcoin is a tax? Bitcoin is a digital currency which is decentralized that not needing a central bank. It is why also investor invest in kind of currency for they not would be problem a tax anymore.

If bitcoin becomes the world currency, where all countries use it, of course there is one very potential income, namely tax from bitcoin trading, bitcoin investment, and payment using bitcoin. The government has such a desire, but bitcoin is not currently designed like that because bitcoin is anonymous and transactions are peer to peer.

Is this really your acount?Because being a more than a year old account i cant believe that this kind of stupidity’ may come from your mouth.or this is not your own account ?

Yes cryptocurrency not only bitcoin have risk in investing,you may lose or win but this is not comparable to lottery damn,because lottery is not a technology instead it is a gambling ,but bitcoin has blockchain and same as other crypto that has their own technology behind

Bitcoin is not like that and users do not have to pay any taxes, but if we lose money, understand that we were fooled. There is no tax imposed on us, only by our own creation ???.

what if I say bitcoina is gambling, if it is in the context of your writing that says bitcoin is like a casino and lottery
if bitcoin is tax, then why does everyone like bitcoin? does that mean they love tax? if so good, as we know if the purpose of the tax itself is to become a state development fund

yes, Bitcoin is not tax, pure Bitcoin is an independent digital coin that has nothing to do with taxes. but if Bitcoin has the tax it can happen in order to balance the world economy because Bitcoin is global.

No, bitcoin is property, not currency. This means foreign currency gain or loss provisions do not apply

But I don't think that bitcoin will be like a bitcoin lottery or that people will use in the coming year and I'm sure Bitcoin will excite and have good value not just a new version that will have a superior and fast future.

I don't think bitcoin is a tax. Every time when the market correction and fall prices, people start talking about bitcoin and cryptocurrency bad things. I agree this correction is very long, so the most important thing now is patience. Bitcoin has a very bright future? I bielive it.

How tax will come here, bitcoin is not a currency, bitcoin is a property of individuals and there is no banks or government as a third party here.

This is rather insulting and not so much to the rest of us but yourself. For one you don't seem to know the blockchain technology so for this reason alone you should not be entitled to moron-speak on here, like you did. Plus, if you feel you better than this why on earth are you on here? Its to say that your negativity resembles your own stupidity period.

hey how can you tell this, bitcoin is not a tax because it is not currency. bitcoin is just like your property.

I do not understand why you can say it because we are users, no one is harmed and if you are lucky you will get a coin of high value. this might be said to be a game but there is no tax on this.

Someone who blames Bitcoin here is a mistake. They are here and means they have used Bitcoin and other crypto. With that, they showed their stupidity, they failed and in the end they could only comment negatively.

Think positive and we will also get positive results.

Bitcoin is not a tax it is just a currency but we people give different names to it if you want to play a game for bitcoin it is not a tax simply it is the reward to them for making this game and usually this is a normal talk that we keep things for sale so we make that attractive and beautiful to the seller so it is not a tax but a reward.

I don't get why are you thinking that Bitcoin is a tax.

I do invest in these crpytocurrency for a long time now and yeah, it is frustrating looking at the prices of it in these times but I earned a lot more than I invested here. You can think that most of the Bitcoin I am holding right now is the profit of all the investments I made in the past. I get my investments back in the past and these BTCs that I am holding right now is all my profit so how can you say that it is a tax? Are you talking based on what you are seeing or you are saying these because you are one of these stupid people you are saying?

Bitcoin now does not have any tax it is a digital money that is no rules or laws you need to require, because it is cryptocurrency not like a money that is legal.

People, the tax he has meant by it is the time tax, you buy bitcoin at 10000$ and after that drops to 4000$ and the tax here is, to wait for your money... the only tax here that I see he is talking about. SO if one knows nothing, you can get even bigger tax if you decide to sell those coins at 4000$... I think that is the tax he's talking about...

But that is no tax, that's just bad money handling...

Sounds very disappointing(how can you call people who are getting rich by cheating?And deceiving people in such a way that they can lose the last?I think it's despicable.When I started working with cryptocurrency,I thought that the creators pursue higher goals than the banal deception of the population.

ok for the sake of your argument let's just say you are right. Have you forgotten how us human are capable of learning? "low intelligence"  you say,wonder what are your criteria of judgement  ??? If it is a game and it played you in return were you not entertained? Where is the bitterness coming from? I understand we people can talk sour  when we are hurting but please try to take it slow as there are thousands of believer here like you! Be considerate next time. We are all here because we believe in crypto. You came way before i did. you have seen the best times the market may be tough right now it's bear market just wait it out and try to chill.

I would say that bitcoin is an opportunity. And huge opportunities. And those who do not miss these opportunities can become a rich person. Moreover, bitcoin is not an option for lazy people. To understand this market you need to work a lot.

Witty, but I would like to correct something.
I would replace the word "bitcoin" with the word "crypto market".
After all, let's be fair, a terrible manipulation is simply present in the crypto market. And the game in this market is like a casino.
After all, when you buy a regular cake in the store, at an incredibly overpriced price, you don’t blame the cake? And such a high price for it can be created artificially, by a store or by increased demand. And no one forces you to buy THIS cake and at SUCH a price.