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1281  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 05, 2017, 12:51:07 PM
Over 0.02 on Polo...

Woohoo! 

1282  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 05, 2017, 12:34:30 PM
Looking about $227 on Polo right now...

ATH?

Lovely action...


234 USD average just went by...

$255 on Bithumb, average makes sense.
1283  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 05, 2017, 12:28:45 PM
Looking about $227 on Polo right now...

ATH?

Lovely action...
1284  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 09:39:43 PM
Time to BTFD...
1285  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 03, 2017, 02:02:25 PM

Ha!  Great article, nice one to chuck at Dashheads when they crawl in due to their struggle with their congenital insecurities.
1286  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2017, 01:03:43 PM
Do you know why Bitcoin is doomed to reach one million per coin?
Because that way everybody will probably don't mind paying CG on a single bitcoin.

 Cool

On a different note...
considering all the many txs I made and all the different adds I used and all the keys/wallet that I compromised (yes, that happens as well you all know that) I don't even fucking remember how many BTC I touched in my life.
How on Earth am I supposed to pay CG?


[Money out] minus [money in]

Everything else is a wash. 

That's my thinking too.  There's no way I could provide details of every transaction I've made over the last 4 years, especially bct to alts to btc, etc.  And also considering that there's now no way for me to access any records from Mt.Gox.  So presumably the tax authorities (HMRC in UK) would reasonably accept the "$out minus $in" figure. That's my hope anyway.  But still, paying Capital Gains Tax on crypto profits would grate, a lot.

Just wondering if anyone here has yet made a CGT return to HMRC and how it was dealt with? They're massively under-staffed (up to 45 minute waiting time when phoning them, if you manage to get through at all).  My guess is that they would accept pretty much whatever method you decide to use (i.e. a "$out minus $in" figure) as long as it seems justifiable, and they would only rarely investigate further to see if your figures are accurate, in the way that usually just accept at face value most people's regular self-assessed tax returns. I doubt they have the resources to do anything further.

Has anyone here actually dealt with HMRC yet regarding btc profits? It would be interesting to hear about your experiences.

I have been working on it with a lot of advice from my accountant.

Pay the CGT, as if they look and find anything you are sunk.

You'd better hope they accept just CGT - if they consider it 'trading' then it's TAx at your highest rate - up to 45% if it's enough money.

CGT will be 20% max and you get over £11K GBP free of tax before you pay a penny.  You can deduct the costs of the coins you bought - so you only pay the difference as a taxable gain.

I very much doubt you will get away with 'gambling' - and yes, I have asked this question.  My accountant laughed.

I still don't know if I will just pay CGT - It's difficult to PROVE you are not a trader, and they decide - not you!
1287  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2017, 10:15:32 AM
Looking at the 1 day chart...

Not really looking bearish. Yet:

https://imgur.com/a/YhfbL

EDIT: But the dumping is not yet done.
1288  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 30, 2017, 09:38:06 AM
Don't worry guys. You'll be fine.

TBH, I hope dash makes it to the 2nd spot, or even #1. I'd like to see if dash's cult logic scales.

Ah, the Dash scaling problem.  In a nutshell, the issue is that ultimately not enough people can be fooled into keeping it going.
1289  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 29, 2017, 11:22:08 PM
There is no assessment, Bitcoin is really a commodity, so that would match up again other activities and never cash. It is a difficult move to make and means hardly any ultimately. Nearly impossible to compare something like gold, a commodity and FIAT United states dollar, a forex(money)..the same is true for Bitcoin and InchcashInch. Individuals try to treat it like cash and it is not, it's been lawfully understood to be a commodity but people continue to go lifeless illegal every time and call it something else.st

Every other post on this forum seems to be a BOT shitpost.  I'm ignoring ~10-20 per day on only a handful of threads.  Nobody else seems to care.  Is bitcointalk over?  No longer maintained? Theymos too rich to give a fuck?

Agreed.  Me too.  No, they don't.  Probably.  Almost certainly.  Undoubtedly.

It is unsettling, am feeling slowly alienated too. 

Bleep.
1290  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 29, 2017, 01:02:36 PM
Over $200, ladies and gents.

Sweet!

Now for new heights.....
1291  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 12:14:46 PM
http://www.bbc.co.uk/programmes/b09gdn8d

Supposedly Bitcoin will be the subject of probably Britain's biggest phone in radio show in a few minutes.

No doubt it's going to be fucking unbearable to listen to.



Just tuned in.   Strikes me that any programme that illustrates a feature on new railways with a Flanders and Swan song from the middle of the last century is not likely to be hosting a cutting edge discussion.

I am braced and keeping my tea away from my keyboard...
1292  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: November 29, 2017, 10:40:19 AM
Trouble with node connection today - can anyone point me at a remote node list?

Looks like I need to try another one!
1293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 02:06:19 AM
Stamp at 9999...

And starting on that 250 BTC wall...
1294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 02:04:00 AM
Meanwhile, it's $100090 at Bitcoinaverage, the truest gauge IMO.

Congrats to all the fearless holders who hung tough through the beartard years.

I think I'll go out and have a celebratory drink.

Here's to Notlambchop, Fonzie, Kwukduck, and lest we forget, Proudhon.

Cheers.

$100090?

Jeez - I wish - one too many digits there...

Unless CAD crashed that much?

I was fixing it as you were posting about it. Cheers.  Cheesy

It was just a little early.  Maybe next Christmas, eh?
1295  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 01:58:36 AM
Meanwhile, it's $100090 at Bitcoinaverage, the truest gauge IMO.

Congrats to all the fearless holders who hung tough through the beartard years.

I think I'll go out and have a celebratory drink.

Here's to Notlambchop, Fonzie, Kwukduck, and lest we forget, Proudhon.

Cheers.

$100090?

Jeez - I wish - one too many digits there...

Unless CAD crashed that much?
1296  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 01:52:16 AM
Stamp's not even had a nibble at that 251 BTC wall at 9999

I wonder if it will disappear when a chunk gets eaten?
1297  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 01:39:12 AM
Went to 9998.89

Then pussied out.

It's getting on for 2am here, come on STAMP....

You are the last major exchange in four figures
1298  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 01:32:31 AM
Well, fuck me pink. What a year.

To all uber bear market survivors I hope you're cracking one off right now. You deserve it.

Will Stamp just do it...?  C'mon....
1299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 01:10:41 AM

This is GREAT!!!!!!!!!!


I got a real kick out of a 14 year old living in his grandma's basement lecturing a 104 year old who has not lost any of his marbles.



I am getting the sense that $10k imminence has divided us as a community thread (the 14 year olds have been divided from the 104 year olds), and perhaps there were better days in bitcoinlandia, and this thread - for example, when we were hovering in the $1k price territory and 14 year olds knew their place in the heirarchy of bitcoinlandia wisdom (or lack thereof, in the case of STRF)..    Now they think that they know things because they happen to be RICH, and they may even move out of grandma's basement, if they could get anyone to rent them an apartment and drive them around in their lambo.....

Cheesy Cheesy Cheesy


It is great indeed: "BTCiTcoin has been made GREAT again!!!" Cheesy Cheesy


To be honest I didn't even bothered to realize I can push the buttons of everyone in this forum so well, just by picking on, just for a bit, on their favorite/beloved 'pokemon'. Smiley

I don't care if people don't want my help and wisdom, or if they hate me for it. Stuff needs to happen sometimes. But I have high hopes in humanity that there is someone there 0.1% of the 0.1% that will understand wtf I'm saying, and be helped by my words. Smiley

Wisdom?

What is wise is to realise that when you are in a hole - you need to stop digging.  Your 'help and wisdom' was unasked for, totally wrong and frankly, offensive.
1300  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 29, 2017, 12:22:25 AM
Does anyone know cardano coin? It just jumped over Monero at coinmarketcap

Well, it's PoS and almost all of its coins are already in circulation...not good signs.

On the plus side, all time $ value for XMR.

On the negative, we are out of top 10 for some time due to bitcoin gold getting included in the ranking, Ethereum classic nearly doubling, and something call Cardano popping into top 10 after going 3x in last 7 days...

Oh well, I'll take the all time $ value for XMR!

Edit:  Oops, back in top 10!

Cardano from nowhere and a 135% increase in a day?

I don't reckon that is sustainable...  In any case we are back in the top ten. 
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