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17321  Bitcoin / Mining / Re: Do miners pay TAX over their earnings?? on: April 25, 2015, 07:48:21 PM
[... some income are not taxable especially if they come from second hand stuff, also below a certain amount you are not taxable at all no matter what you are doing

Again this is for the U.S. and for income tax purposes: some income is not subject to tax like interest on municipal bonds, however there is no de minimis exception on income that is otherwise taxable including selling second hand stuff at a profit.  There are de minimis thresholds for reporting income if you are a payor.  For example a bank or brokerage firm doesn't need to give you a 1099 if your account earned less than $10.  That doesn't mean your nominal interest income isn't taxable, it just means that the bank doesn't need to report it to you or the IRS.

For sales/use tax purposes, some jurisdictions in the U.S. exempt sales on second hand personal items like in a garage sale.

it does not make sense to tax a second hand stuff, otherwise if i continued on selling second hand stuff at the end of the day i would be in negative on that item/items...
17322  Other / Beginners & Help / Re: Is this possible? on: April 25, 2015, 07:41:42 PM
if you sent it to that address, then that address exist in the first place, it make no sense that someone receives those coins with a new address created in the future, because otherwise you wasn't able to send it

p.s. again with this, it wasn't for increasing my posts counts, simply i didn't understand what he was saying(i thought about collision at first)
17323  Economy / Economics / Re: Government & Bitcoin on: April 25, 2015, 07:13:55 PM
As long as Businesses would accept BTC the government would also follow through. Government can't stop the adoption of BTC, sooner or later they're going to realize the benefits that it can bring.

good point, I also think so

The government regulates businesses. The most effective way to control Bitcoin is to regulate the businesses that accept it. In this way, they may not be able to stop it, but they can keep it out of the mainstream.

There is a sizable parallel economy, which will find Bitcoin useful. Bitcoin may not become mainstream if the Government is against it, but it will become a favourite of people who primarily use cash now.

if everybody start to use bitcoin, it will go mainstream in no time, government and their fiat aren't needed... my real worry is not if the government is against bitcoin, but if government begin to control it, in some way(via merchats/mining ecc...) or begins to build a better currency, using the bitcoin technology

a clone made by them might work..the masses are stupid they may accept it, faster than bitcoin...
17324  Bitcoin / Bitcoin Discussion / Re: These people have the power to take bitcoin mainstream overnight! on: April 25, 2015, 07:05:03 PM
people don't have patience. they want global adoption to happen tomorrow so they can sell their coins with high profit. they don't realize that it doesn't work like that.

people can't work together, they work always individually when money are involved, this is the reason why only rich guy can do something about the current price of bitcoin, then the "noob"(people) will follow naturally

it's like the boss of a gang of bandits...
17325  Other / Off-topic / Re: whale club is a joke on: April 25, 2015, 07:01:00 PM
Pro tip: Whales don't join clubs. It's minnows who school.  Wink

in the altcoin section there are plenty of whales club, there were screen of them talking about the next pump(not know, but in the era where altcoin were profitable, doge era basically...), there must be some club for bitcoin too, i'm sure about it
17326  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a catalyst for the next biological breakthrough. on: April 25, 2015, 06:59:14 PM
the only thing usable from asic that are mining bitcoin is the heat, if you can come up with something that really needs heat, other than heat the room of house/apartment, it could bring the mining to, a whole new level of usefulness
17327  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a Coin, i.e. a thing (RE), we can barter tax free (!) on: April 25, 2015, 06:53:16 PM
i like to view it as a tool to transfer value, i don't want to call it money, because it remind me of those scam fiat currency, i like to think that btc is born different from those...
17328  Bitcoin / Bitcoin Discussion / Re: BTC's Close-future on: April 25, 2015, 06:47:36 PM
future of the bitcoin network(in terms of its technology) is different from the future of the price of bitcoin, the price is there no sub 200 apparently, it can be dumped all the time, but at the end there must be a rise

the technology need new improvements(faster block transaction  is not one of these, contrary to the belief of the people..)

here satoshi explaining why

https://bitcointalk.org/index.php?topic=423.msg3819#msg3819
17329  Economy / Trading Discussion / Re: Pre-launch Sign-up: new Bitcoin based exchange with Deposit insurance on: April 25, 2015, 05:14:42 PM
how much the insurance cover on my deposit? also can you put all the info on your website please, i don't like that you are asking user e-mail for this, it sound fishy....
17330  Economy / Speculation / Re: Slippery slope is back! on: April 25, 2015, 03:12:15 PM
how it is -3/-5 daily if the price is stuck there since the last drop from 290-300? it has been over a month since we dropped, if we count 3%(not even 5%) daily drop, for 30 days, we end up much lower(something like 0 basically lol) than the current price...

OP is just trolling, he does not know what the fuck he's talking about

17331  Economy / Speculation / Re: You are not a real Bitcoiner if you don't buy now. Shame on you! on: April 25, 2015, 03:05:45 PM
wait a moment if buying now give us the status of bitcoiner, then the shorters, who dumped to buy now are bitcoiner too, and it doesn't sound right... i think instead they want only to cash out in fiat at the right time...

you missed "if you don't buy now and hold", at least we put out, the group of manipulators
17332  Bitcoin / Bitcoin Discussion / Re: What If Online Dating Sites Start To Use Bitcoin on: April 25, 2015, 02:53:00 PM
if fiat is still between the available payment options, it won't change much, bitcoin will end up be used only by few random people(couple in this case), what those online shops really need to do, is accepting bitcoin only,

now these dating site are good because they could potentially increase the number of women using bitcoin
17333  Economy / Micro Earnings / Re: A very high paying faucet+rotator (cryptofreebies) on: April 25, 2015, 02:02:30 PM
Thanks for noting the problem, I think it is working now.

still nothing, it give me the same error, can't access it

17334  Economy / Micro Earnings / Re: My faucet rotator on: April 25, 2015, 01:58:31 PM
i'm trying to collect all the best rotator, but this is another rotator that wants that i disable adblock, i know that these rotators lives with the ads spam, but some of them are not showing this issue

besides this the numbers of faucets in this rotator is a bit low, only 21? could you increase it?

btw some faucets have almost no satoshi, the second one keeps saying insufficient funds, when there are still 1k+ satoshi
17335  Economy / Service Announcements / Re: Digital Currency Exchange of Texas Launches a public Beta on: April 25, 2015, 01:48:36 PM
what about fees and deposit speed? how many confirmations this exchange need?

i'm  asking because in the example it says 0.02 btc for commissions, it seems ridiculously high even for an example...

also you will add coin like monero in the future?
17336  Bitcoin / Mining / Re: Do miners pay TAX over their earnings?? on: April 25, 2015, 11:52:08 AM
Yes  , any income is taxable

i don't think so, some income are not taxable especially if they come from second hand stuff, also below a certain amount you are not taxable at all no matter what you are doing
17337  Economy / Economics / Re: German economic conditions are holding up despite the Greek crisis on: April 25, 2015, 10:10:15 AM
i've always believed that greece crisis didn't matter much, they are tiny in comparison with other countries in the euro zone, even if they were going out of the euro, would not change anything
17338  Other / Beginners & Help / Re: How do i get a simple donation on: April 25, 2015, 10:01:31 AM
you can just add a donation button, you need to past the code in your build

this if you want to use bitpay http://www.wpbeginner.com/wp-tutorials/how-to-add-a-bitcoin-donate-button-in-wordpress-using-bitpay/

http://www.instructables.com/id/The-5-Minute-bitcoin-Donate-Button-using-only-HTML/
17339  Bitcoin / Bitcoin Technical Support / Re: how to use vanitygen? on: April 25, 2015, 09:58:23 AM
if you want to make a custom address, here a guide

https://www.cryptocoinsnews.com/get-custom-bitcoin-address/
17340  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin Has What It Takes To Replace Fiat? on: April 25, 2015, 09:54:23 AM
Future citizens will be divided into two categories:

- Those who fully understand how modern money creation works, they use bitcoin
- Those who don't, they use fiat money

Currently the number of the people in the first category is about 1 in a million, hopefully with the help of internet it will increase by 4 times per year

if this is true, or if it proves as the truth, then we would need a new generation of people, because right now the majority don't know about the first point

we should educate those people about how fraudolent the banks really are

It is still too early for people to use bitcoin and leave the "bank" since not all people is smart enough to operate a computer or internet. so most people still are laying around with fiat and the value of bitcoin is fluctuative make it very risky for people to use it as a currency



old people generation should not be counted, old man/woman those cannot follow bitcoin, they are out of the game completely and they will stay with fiat until they die, but new generation up to 30-50 years old should embrace easily bitcoin in the future
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