Хомяков то нужно как нибудь из монеты выгнать, я даже подобрать по 24 планирую Кошмар, когда читаю такие вещи не знаю плакать или смеяться. Покупать фундаментально слабые проекты да еще в момент, когда рынок только будет нащупывать настоящее глобальное дно в цикле... Месье знает толк в извращениях... Серьезные люди торгуют акциями реальны компаний, которые имеют ценность. А чтобы такие хомяки туда не лезли и не богатели случайно, для них сделали песочницу, в которой они торгуют виртуальными фантиками, которые могут потерять 90% ценности все разом по щелчку регулятора. Если вы торгуйте другими монетами, думая что они фундаментальнее, то выеще не осознали, что вы такой же .. Мой риск менеджмент допускает % инвестиций даже в потенциальный скам.
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Хомяков то нужно как нибудь из монеты выгнать, я даже подобрать по 24 планирую
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I don't even understand why Gensler at first will have to think about bitcoin as being a security. Everyone who understands securities can wholeheartedly attest that bitcoin is not a security. Unless the person purposely wants to hurt bitcoin which will not even be successful because bitcoin is highly centralized. It feels bad for someone in an esteemed office to speak front he two side of his tongues, it doesn't tell good of his personality.
If Bitcoin is not a security, then answer a very, very important question of our time: Why the hell does the SEC regulate Bitcoin if another organization, the Commodity Futures Trading Commission (CFTC), should do it?
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What's the point of eating food if you end up going to the bathroom with dollars instead of toilet paper?
because toilet paper at this point in time is cheaper to use? if that ever became not the case then I think you know what would happen. We live in a time of change, when the old financial system is collapsing, and no one has yet proposed a new global financial project. Or America will find a new way to write off at least half of its debts, because the other half of the US government debt belongs to American citizens and companies.
If the Democrats by themselves can open the southern border and let millions of people flood into the country without any documentation or anything then trust me they can find a way to write off all their debt. It wouldn't have to be LEGAL you understand. They would just do it. Kind of like how they did this open border thing. At first they were flying them in under the cover of darkness away from the prying eyes of the public but that could only last so long... Debts can only be legally written off through default. The ratio of government debt to US GDP unfortunately does not reflect real data, because all countries' GDP is greatly overestimated for statistics. Practically nothing is produced in the financial sector, so the 2022 GDP of 25 trillion can be reduced by 40-50%.
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According to the latest 2021 data, the US budget is 6.8 trillion dollars, and taxes collected are 3.8 trillion dollars.
but what's the point of printing money if you plan to take back half of it? just print half of it to begin with and don't take anything. same end result right? If you print that many dollars every year, it will soon be cheaper to wipe your ass with dollars.
that's about how much the us dollar is worth at this point. soon to be even more worthless... This already looks like trolling What's the point of eating food if you end up going to the bathroom with dollars instead of toilet paper? We live in a time of change, when the old financial system is collapsing, and no one has yet proposed a new global financial project. Or America will find a new way to write off at least half of its debts, because the other half of the US government debt belongs to American citizens and companies.
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andy_pelevin, Excimer поздравляю вас сновыми рангами!
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"It's not a security." Gensler finally said it, too bad he made a fool of himself. The hearing was tough on Gensler and I heard there were rumors he could be removed from office. He built his reputation as an enemy of Bitcoin and cryptocurrencies, but now he's paying the price. It is clear from the meeting that Bitcoin gained stronger positivity than before and that there is pressure on the (SEC) to approve Bitcoin ETFs, the decision on which was postponed for the first time, and the next date will be on 10/17/2023. We wait to see the results. I think that after this meeting, the positivity towards Bitcoin will be clearer and stronger than before. We hope that this positivity shown by Congress will contribute to the market’s recovery. Dissatisfaction with the activities of the SEC has long been growing in the American Congress, although I am not an expert on American politics, and perhaps I only receive this selection of news. The main question is which ETF will be the first, and it is possible that the first ETF in the US will be an Ethereum spot ETF. And after the Ethereum price pump, the spot Bitcoin ETF will be launched.
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There are global accounting standards on the basis of which experts evaluate various global companies, their value, and so on. But why is all this for individuals? Why do they need to know what value added tax is? The state should be interested in individuals engaging in business, because this greatly reduces social costs. It is more profitable for the state for a citizen to do business rather than stand in lines for social benefits.
what i don't understand about taxes/royalties/whatever you want to call them. why not just instead of making people hand over their printed paper money. just print more of it so you don't need to ask them for theirs. what is the real difference? a little increase in inflation maybe? well if so then just don't print as much of it in the first place subtract off the amount of it you would be asking them to turn back in and then you don't need to collect taxes at all. just a thought. Don't you really understand how economics works? Bankers rule the world through global organizations such as the IMF and the Bank for International Settlements, the largest rating agencies, and all central banks are subject to their rules. If a country behaves badly, regulators deprive it of loans, and there is a crisis, and then a change of government. According to the latest 2021 data, the US budget is 6.8 trillion dollars, and taxes collected are 3.8 trillion dollars. If you print that many dollars every year, it will soon be cheaper to wipe your ass with dollars.
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Are those who joined the Ethereum ICO technical people? How were you able to join? What was the experience back then? Did you mine ETH? Did you participate in the launch by running a node? I'm curious to know as my friends talked a lot about recently and you are so lucky back then i think.
I bought Ethereum for $30, but I sold it several times more. Launching a node in Ethereum 2.0 was not very profitable due to 10-12% profit per year. I think that new ecosystems like Solana will appear on the market, the coins of which will give 100x. Don't sell all your coins, invest.
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How would you go about cashing out very large sums of Bitcoin, or other cryptocurrency?
A hypothetical example:
You were fortunate to purchase five thousand Bitcoin, when it was only pennies a coin, and it's now worth a whopping $130,000,000. This is now sitting in cold storage in your digital wallet, and you want to cash out 100 million usd.
1) Are Coinbase and Gemini your only convenient options? Will they be able to cash out such a large sum, and send the proceeds to your financial institutions without issues?
2) FDIC insurance only covers up to 250k per bank account. So, you would need more than four hundred accounts in order to cover all 100 million dollars. Is there a better way? Can you just send all 100 million directly to your Vanguard brokerage account? How do the ultra-wealthy do it??
3) What would happen if you suddenly sent a hundred million dollars to several banks/financial institutions? Would the IRS be immediately notified? Would your accounts get frozen? How do you avoid this?
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
If you don't have that many bitcoins, then why ask such questions? Why immediately legalize 100,000,000? There are many jurisdictions in the world where you can legalize bitcoins and earn small taxes, but this will be done in stages so as not to attract the attention of the tax authorities. But sometimes it is better to resolve the issue of citizenship and tax residence first.
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The saga continues... I don't envy Do Kwon's fate because if he was caught in the crosshairs of the American justice system, he would be constantly persecuted. I already wrote earlier that Do Kwon has more money than the annual budget of the entire country of Montenegro, so they will keep him in their country as long as possible
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In Russia people say: “There are a lot of laws and it’s impossible to know all the laws.” Do you know what an analogy is? If I don’t want to read long instructions, I can ask for a tax return from a partner with approximately the same tax situation and fill it out according to the sample. Of course I read some pages of long instructions when filling out a tax return. I know the principles of taxation and if errors in the tax return do not affect the amount of tax, or affect only slightly, then in my country there are no penalties for this. They will call me to the tax office and give me a deadline to submit an amended return and pay additional tax.
probably but i think albert einstein has a famous quote about keeping things as simple as possible but no simpler than necessary i guess that doesn't apply to countries taxing their citizens though huh? maybe you can find the quote. what's wrong with just a flat tax so everyone pays the same percent no matter if they are an individual or business? then you could reduce your tax code down to one sentence and save alot of trees in the process. of course that would put alot of tax "professionals" out of work. so they wouldn't want that. There are global accounting standards on the basis of which experts evaluate various global companies, their value, and so on. But why is all this for individuals? Why do they need to know what value added tax is? The state should be interested in individuals engaging in business, because this greatly reduces social costs. It is more profitable for the state for a citizen to do business rather than stand in lines for social benefits.
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Would you be able to contact him on my behalf and get him to send me a message. Im a newbie and he doesnt allow newbies to contact him.
I sent him a private message.
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If nothing else, he became the news of the day, although many people wonder who this man is and why he deserves so much attention. I have read his name a couple of times over the years on the forum, but I never got the impression that he was someone important, but just some "so-called expert" or as they call him, a crypto influencer who of course has his own token.
I also came across this name many times while browsing topics in the altcoins board, and I never thought it was this important and influential until I read about the news of his expulsion from Bitboy Crypto and Hit Network. I cannot imagine how someone who was so addicted to drugs was able to direct the masses in this way and convince major companies to hire him. In general, whether the reason for expulsion was excessive addiction or involvement in a suspicious relationship with the FTX exchange, this person deserves the expulsion and suspension that led to his situation. At least he will pay a price (even if a little) for the losses he caused to investors because of his chitcoins. The experience of the managers of the FTX exchange shows that drugs do not interfere with managing even a very large business when the crypto market is growing When the cash flow decreases and winter sets in on the crypto market, a lot of interesting internal corporate stories appear.
We do not know what is happening in the inner kitchen of these companies, and the emergence of these stories reflects the deteriorating situation of management, which does not appear to the public except in the form of a tragic ending. At the same time, it is not possible to guess whether mismanagement occurs with the consent of all parties in the administration or whether it is discovered by chance. In either case, it is bad. I believe that it is not in the interest of these companies to make these stories public because of the impact that would have. The FTX exchange may be the most prominent example, but I am sure that there is something more important happening in other companies, and no one knows when these facts may explode. Of course, we don’t know what goes on inside companies, but we have a large practice of pyramids and scams. If a company begins to grow rapidly and is run by a young “genius,” then we understand how it will end. Serious people invest in companies that have been operating in the markets for hundreds of years and are developing well. There are no problems with management. And for the cryptans, the manipulators created a “sandbox” in which 99% of the assets are scams, so that they would play there and not buy the assets of serious companies.
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Here is an example of instructions for filling out a personal income tax return in Russia. You will find more than 50 pages there. I sent such declarations to the tax office, but did not read these instructions Smiley https://www.nalog.gov.ru/rn77/about_fts/docs/11684003/you didn't read it so you could be breaking the law and just not know it. is that how you want to live your life is not knowing all the rules you're supposed to be following ? In Russia people say: “There are a lot of laws and it’s impossible to know all the laws.” Do you know what an analogy is? If I don’t want to read long instructions, I can ask for a tax return from a partner with approximately the same tax situation and fill it out according to the sample. Of course I read some pages of long instructions when filling out a tax return. I know the principles of taxation and if errors in the tax return do not affect the amount of tax, or affect only slightly, then in my country there are no penalties for this. They will call me to the tax office and give me a deadline to submit an amended return and pay additional tax.
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Just a question, anybody who used KYC during LBC operation all those trades under that person's name is usually filed in their database ready for request from the tax man aka IRS or HMRC (if British)
Now that local bitcoin is dead....I remember it gave people an option to delete their account. If some one did. Does that now mean any trades during its operation are not recoverable by the tax man?
Since technically nobody would be able to answer the request from LBC since no employees and the account information people had a chance to delete just before it shutdown.
does that mean any record requested from a tax office is now a dead end?
Asking for a friend ofc ofc
I will try to explain to you the principle of declaring and paying taxes. If you received income under your law, you would be required to file a tax return and pay taxes. If you want to cheat your tax office and reduce your tax or not pay tax at all, because they won't be able to check your income due to the closure of the exchange, then you need to be sure of this. The entire point of this post is asking what happens to KYC when the business goes bust and there is no employees and if they delete accounts do they delete KYC information. Alot of exchanges going bust and I'm curious I understand you, but if you want to play games with your tax office, then you must be a professional and be sure that the tax office does not have data from Local Bitcoins. First, find out how many years the deadline for a tax crime expires in your country. And if you consider the fact that LocalBitcoins was registered in Europe (Finland) and you made exchanges with KYC and to your bank cards, which is very unreasonable. Then you need to have more compelling excuses if government agencies ask you questions. In Russia there are gaps in the laws, and if I work on the exchange with my KYC data, but there are no bank transfers to my bank accounts, then I can say that my data was stolen and I am innocent.
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https://www.msn.com/en-us/money/companies/the-worlds-biggest-crypto-firm-is-melting-down/ar-AA1hhv3b"Binance now handles about half of all trades where cryptocurrencies are directly bought and sold, down from about 70% at the start of the year, according to data provider Kaiko. What happens to Binance will have immense implications for the crypto industry because the exchange is so big. Industry players and watchers say other exchanges would fill the void if Binance were to collapse. But in the short term, liquidity in the market could evaporate, driving the price of tokens sharply down." but do not forget that the US Department of Justice is still investigating the Binance exchange and the main charges and fines have not yet been brought.
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Thanks gents.
Yes essentially I would want a large liquidity provider that can give us a single rate based on the market rate. Binance and P2P are good but the individuals dont have enough single point of liquidity for us to swap/exchange. So it would be good to even partner with a group that has that sum of KZT to USDT
There are a lot of large exchangers on BestChange, but first you will have to get acquainted. Large exchanges are not done the first time. Next, I advise you to contact Apytioh. He is from Kazakhstan and he worked in a large Kazakhstani cryptocurrency exchange. Maybe he can help you. Here is his interview. [Interview] Crypto business in Kazakhstan https://bitcointalk.org/index.php?topic=5313966
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