There is customs duty to add as well surely. VAT is to do with Bitmain. Below a certain price, no VAT or Duty is payable.
I buy lots of stuff from China and never pay any duty or VAT because I keep the cost and weight below certain amounts and perhaps because the vendors lie about the price I paid. Of course this is not possible with a minimum order quantity of 20. Perhaps Bitmain should team up with some of the vendors in Shenzhen that one can find on aliexpress.com
... You can't complain that Bitmain isn't illegally underdeclaring the value of goods, that's not a valid expectation. Pay your taxes. I agree with this fully. Asking the most trusted ASCI creators to pull Illegal moves is not a good move for bitcoin. why not? not so long time ago Bitmain had no problems to underdeclare goods. but I guess that was before establishing as the most trusted ASIC vendor. now it is just any other asic company, with huge mining operation, with payed shills on forums, etc. |
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miners will also be considered as money transmitters.
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+~5k btc in longs (calculated) vs +12k btc in shorts...in the last days...exciting
long squeeze coming. prepare for sub 300. |
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I had open shorts this morning. Then I promptly zipped my fly back up as I realised why the ladies had been giving me strange looks. True story
Open shorts.. Good for nobody
Good story, bro. Always zip up when you get that look from the ladies. when I get that look from them I am like yea, I know you like it. |
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22.2 mil vs 17 k
longs going up nicely too.
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and growing. Guess something big going to happens Just thinking... how will all that shorts close their positions? I see only two options: short or long squeeze. time for a long squeeze.  |
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Sideways:
til the next dump. coming soon btw, bitfinex just keeps dumping. |
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that dino looks like risto and the last time I checked he was calling bottoms.
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The shorts turned themselves into a target. It isn't pure TA. It's... the shorts got carried away and are going to get burnt now. The question is whether the burn is slow or fast.
you know how many times I've heard this here ? lets see if it is different this time.... I guess I am coming from the perspective of... if I were a whale, I'd be going after the shorts right now. why arent you a whale already? |
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ok bulls, you need more bull FUD.
so far we got:
10 k buys in some remote places
435 on coindesk
the usual short story
ECB test
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10 K buy in china is big fkin SHORT in my order book.
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who cares about buys on some rigged china exchange?
those were some shorts closing btw.
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funny, because I ordered and payed with btc one GTX 970 few days ago.
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People lost money on Mtgox, they lost money on Cryptorush, they lost money in Mintpal 2...
WTF are you keeping money on an old dead shitcoin exchange like Cryptsy?
Whoever has funds in there is like asking for it.
poloniex is down right now. with btc price crashing all exchanges are crashing. why am I not surprised? What happened to poloniex? Hacked and robbed aka business as usual? dont know really. I just checked it and it is down. and you are right. btc-e will fail last. UPDATE:  
Poloniex seems to be down. I was on the troll box when it froze so I hit F5 when it refereshed it had a Brad Pitt pic, then nothing. It seems dead right now. Can anyone confirm or rebut that Poloniex has been hacked?
What kind of Brad Pitt pic?
Poloniex Exchange @Poloniex 34m34 minutes ago
There seems to be a network issue. Working to resolve now.
0 replies 1 retweet 0 favoritesBrad Pitt from Fight Club maybe....It was just there momentarily and had some graffitti style writing I couldn't make out. Looks like a hack to me. so long and thanks for all the bitcoins risto! |
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or both.  never liked bitfinex. |
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People lost money on Mtgox, they lost money on Cryptorush, they lost money in Mintpal 2...
WTF are you keeping money on an old dead shitcoin exchange like Cryptsy?
Whoever has funds in there is like asking for it.
poloniex is down right now. with btc price crashing all exchanges are crashing. why am I not surprised? What happened to poloniex? Hacked and robbed aka business as usual? dont know really. I just checked it and it is down. and you are right. btc-e will fail last. |
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People lost money on Mtgox, they lost money on Cryptorush, they lost money in Mintpal 2...
WTF are you keeping money on an old dead shitcoin exchange like Cryptsy?
Whoever has funds in there is like asking for it.
poloniex is down right now. with btc price crashing all exchanges are crashing. why am I not surprised? |
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