Also, some of the btc I spent came from Satoshidice, which is a game of chance. Dutch law dictates you have to pay (income-) taxes over the net amount gained (wins minus losses) to retrace this (as a third party) is a next to impossible task. (to prove)
As long as you dont convert BTC to local currency, you cant pay taxes. Bitcoin is not foreign currency, it is the same as WOW gold.
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I mine with my gaming 7970, and I expect it pays off in one year. Not bad, but I dont pay electricity
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I believe once people are no longer buying ASIC and hold, the price would go up. I am thinking those corporate have been selling all the BTC they get..
You mean ASICminer ? They will continue sell BTC as soon as they mine it I guess
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Is withdrawing EUR from Gox OK?
Not much faster.
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You can NEVER get all your Bitcoins back.
Might be true now, but not in the past, and the future is unknown ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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These are not decentralized? We must use your website to get the btc out?
Explained here: For security, we used a closed system that tracks coin ownership, with 2-factor authentication built in. For people that don't want that extra protection, we'll be offering to include the private key on the coin shortly.
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Hahaha OK.. But in all seriousness, you could make a faucet with myfaucet (by TradeFortress) (Google it). For my faucet though, I custom coded it!
I do know how to do it but I dont want to do one. Good luck on your advertising anyway! Thanks! It is actually very easy to setup, but there are already HUNDREDS of other faucet using this... I doubt about hundreds, tens probably Or I miss wonderfull oppurtunity of free satoshis ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Welcome, nice profit you made, congratulations !
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+1 Very good pool to maximize profit out of your GPUs
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Hey guys I just bought 5 USB Asic Miner ( 336M/hs) but I wanted to know if it was better to wait and save for a bigger miner like a Jalapeno or Single...
I believe time is very important here 5 USB Asic Miners now > Jalapeno or Single months later
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Let's now hope the bitcoin value will explode in the next months and get rich! (Yeah, I know it's a pipe dream ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ) The difficulty cannot increase forever i believe, it is only question when it stop rising
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I did this too a year or two ago. I doubled my coins, then lost them all.
This is usually what happens in the end when doing martingales True, you must know when stop gambling and enjoying the profits, or you loose all
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May I add that I too enjoy learning from this forum.
My hope is that if I find enough information on the topic, I'll be able to go back in time and invest in mining hardware for profit...
Welcome, you dont need much info for profit if you have time machine, latest CGMiner + any newer GPU will do the trick ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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I like the Power draw of 4W – 8W.
The question is how many USB miners you can plug in, if it has any advantage over rPI ?
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What type of information would be interesting to extract from the public ledger (blockchain)?
Estimate number of Bitcoins lost. Very subjective though, because we never know if someone start spending after X years
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Im a newbie and just starting out with bitcoins. Well at least only been trading for about 3 months. I am trying to find some information on "ripple". I hope this isnt a foopah posting here.
Looking forward to all the info I can find.
Welcome, Ripple has no advantage, it is centralized. Ripple fanboys use https://ripple.com/forum/
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