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The site would step up if you add in a scam section where some of the projects have been busted as a scam will be listed there. I think that will be helpful for everyone and is a good prevention tool for newcomers to avoid that project. If you aren't in favor of that I guess just giving the projects an icon/status logo where it will indicate as a scam is another helpful addition for your website. Also prevent adding ratings entirely where you or the users will be giving ratings for the said project as it will most likely be biased or be used the wrong way by others like what popular sites are doing now.
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Just thinking wont this also enable us to transfer Bitcoin to Paypal and then transfer to a
bank account and potentially avoid paying TAX on it?
It's considered a trade if you do that as you are using Paypal to convert your Bitcoin into Fiat Currency and not necessarily using their services in order to use your crypto for payments. The conversion it will take place will be considered as your capital gains. You won't really be avoiding any tax here as simply I don't see any loopholes on a straightforward law about your taxes with cryptocurrencies. Keep in mind that since Paypal is a very big company they will be in compliance with various AML laws and they will most likely do everything to avoid and report illicit activities from happening with their services. so would there be a reporting issue? would people have to report that they made a profit from Bitcoin and they purchased goods with that via Paypal? If you are in the US this is one of their requirements as a capital gain has happened from the sale using Paypal's crypto services, at least this is how things are done in that country. Also if you are asking if Paypal would be the one reporting it for you I don't think they will since tax reports should be filed by you and not them, you just need to keep a record of your transaction using their service. Paypal would only be reporting some transactions that may pass a certain threshold that makes them required to report it to the authorities, transaction trenches or "unusual activity" is something also reported these businesses as well. |
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Just thinking wont this also enable us to transfer Bitcoin to Paypal and then transfer to a
bank account and potentially avoid paying TAX on it?
It's considered a trade if you do that as you are using Paypal to convert your Bitcoin into Fiat Currency and not necessarily using their services in order to use your crypto for payments. The conversion it will take place will be considered as your capital gains. You won't really be avoiding any tax here as simply I don't see any loopholes on a straightforward law about your taxes with cryptocurrencies. Keep in mind that since Paypal is a very big company they will be in compliance with various AML laws and they will most likely do everything to avoid and report illicit activities from happening with their services. |
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The more effective way I see how this will be solve is for the US to establish new areas/cities with cheap real estate and a whole new business district to come with it, this just gives people a chances to relocate and decongest the existing cities that have a high standard of living. This will just inject a healthy competition in a lot of the real estate markets forcing them to have lower their rent. Of course in order for them to do this the government should have a way to attract businesses to invest into the new areas offering them tax cuts and other incentives just to lure them on investing into that area.
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In my thought There are no limitations in Luxembourg on the mining of cryptographic money, given that the creation of such virtual monetary standards/crypto-resources doesn't fall inside the extent of a particular legal authorizing commitment.
Financially, Luxembourg is an exceptionally evolved country, and the degree of GDP per capita is extremely high. From this article, I comprehended that Luxembourg is attempting to build up guidelines for digital currencies in the nation to battle the utilization of digital currencies in psychological oppression and illegal tax avoidance. This is something positive. Rather than blaming digital currencies for financing illegal intimidation and tax evasion, it is smarter to set laws that control cryptographic forms of money and forestall their utilization in psychological oppression and illegal tax avoidance too. Luxembourg did.
thank's
The way I read the article or the laws provided by Luxembourg regarding cryptocurrencies I don't see them stepping up on anything but rather just identifying cryptocurrencies and which laws applied to them like how they have applied the necessary AML laws and regulations for the Virtual Asset Service Providers they will have. Luxembourg isn't really known to be a crypto hub or anything that has focused on the crypto industry, they are just preparing for it with their laws if their citizens started to have a demand for it. |
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This will lighten AD load, Its great move for the lakers, it would have been bad if they have to get Aldridge, he got problems on his back i think, Drummond is comfortable in his position and LeBron will be happy having to towers while he operates outside and make some slash inside, I'm still curious why the nets pursue Aldridge, Jordan is a big man and what they need is a great depender on the wing.
DeAndre Jordan isn't what he use to now and the Brooklyn Nets signing Aldridge is just a sign that they need to satisfy the needs on what Jarett Allen has given to them before they traded him out, Allen was one of the best centers out there but unfortunately he was part of the package to get Harden. They tried starting Jordan after that but it obviously showed that he can't fill the role on what Allen is doing. Also Aldridge like Blake Griffin is a sign of how Brooklyn is desperate to win everything this season like what they did before with the super team they tried to build with Paul Pierce, Deron Williams, and Kevin Garnett which they failed to win the championship now they are doing it again as well. |
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This is completely true, I have witnessed bitcoin price cycles since nearly 2014, at that time I was watching Bitcoin remotely and I remember its price when I learned about it was about 700$, and every time when I saw the price of Bitcoin I was surprised, but when the price of Bitcoin exceeded 3000$, then I knew that there was something unusual Happening and decided to enter the bitcoin world.
Many people who watched the beginnings of bitcoin now regret most of their regret because they did not buy bitcoin at the time and keep it until now, also people at this time will regret it in the coming years if they do not buy bitcoin now.
There will be several of those kinds of people where they regret when the price is up but won't do anything when Bitcoin's price goes down. They actually don't do any action or maybe they are just afraid of entering the market because they are risking their money which happens to several people who have entered the market only to experience a loss. IMO its never too late to enter the market as long as you are prepared to do a trade and take advantage of every price action, this might be something hard for a lot of people but if they want to enter the market at this point this is something they need to do. |
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The workaround I could only think of is for you to look for a custodial wallet that has a virtual debit card where it lets you treat the Bitcoin in your wallet as balance, I know coinbase has one and I think it will be accepted by Facebook since it is Visa certified other than that you can sell your Bitcoin to a P2P market for Paypal funds which I know Facebook also accepts on every major market/country.
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This is something I would avoid looking at entirely as it just generates more speculation rather than a real accurate prediction on where the cryptocurrency will go. Also this so-called "crypto influencers" almost certainly have biases even if they just tweet a question they certainly have a hidden agenda behind it. If you are talking about if its good for the crypto industry its really just so-so for me as bias people will always exists no matter what market you are in they always like to us their popularity with their huge number of followers just for their own benefit and for me I would just steer away from the noise they are doing.
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If you go to the original post of HODL (where the word was coined) GameKyuubi never really mentioned any strategy when it comes to hodling but he just mentioned that he is a "bad trader" which only implies that he talking about Bitcoin as an investment he didn't even say how long he will hold Bitcoin so we really don't know if he is holding it for years. Secondly why do you think all you have said on Bitcoin doesn't apply on Ethereum both in trading and investing? ETH might be something that will be looked at by some old traders who already know what they are doing but obviously still all of the attention is on Bitcoin just think about what big names are focusing on through Bitcoin ETFs and now companies like Tesla and Microstrategy buying Bitcoin and nothing else, Bitcoin isn't really an "old relic" as it hasn't even reached its potential yet. |
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However, I did some reading on the posts in Bitcointalk forum and I found another opportunity!
Moved the content to the top.
This might be a tough one for you to enforce legally speaking since a financial lending scheme is something that will need KYC from the certain authorities you will have more so this involves cryptocurrencies which is getting a lot of attention lately. Authorities enforce KYC as this kind of businesses have a high chance of being used in money laundering that is why they seek enforcement of AML procedures. Even if you start with no KYC for your platform chances are they might suspend your business until you require KYC for your customers. Also if you are looking for loopholes I don't see any as of the moment and it seems to me you really need comply with this regulation. |
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I don't see any point on participating in this kind of service for one why would people pay up on a video conference room where they can do it on free services that already exists like Teams, Zoom, Discord, and even Facebook Messenger which they can talk freely without paying anything. When it comes to the earning side I don't see people earning anything from here when at the end everything will be shared by everyone. I'm not saying your project is bad but really nobody will use this when you won't be offering anything new even if you call it a "voice discussion room" as people already have modes on chatting without paying up anything.
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Well they aren't exactly directly the ones giving the Bitcoin investment option for their investors but it is with their partnership with Galaxy Digital and NYDIG both of which are crypto specific investment businesses. IMO Morgan Stanley just wants a piece of the pie and they are afraid that their own investors will just be going directly to these kinds of companies that they are in partner with that's why they did this preventive act by just partnering with them and simply give what their clients want. These seems to be what big traditional investment companies are doing now as their own clients see that cryptocurrencies is not a bad investment after all.
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I myself cannot explain it but there is a GrisshamDevian1 twitter account I checked it and I don't exactly know the reason why it redirects to sameme's Twitter account since they do have a different username and I don't think you can have a custom link in Twitter especially a change in your username. Maybe there is a deleted tweet in that thread that's why the link just redirects you to the thread or some. @OP if you want to tag both users you should explain the part as well on how GrisshamDevian1's link is redirecting to sameme's account. |
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Well to be honest if it gets approved we will definitely see a a big pump, but if it gets rejected or SEC extends the review period, I don't think there will be a any major drop.
There are bigger players involved now they can't deny the Bitcoin is the payment method of the future. Bitcoin is inevitable and we are moving forward only.
The news about the Bitcoin ETF is being played out for years now that for me it makes me think that it is too saturated that the people in the market are tired of hearing about it thus it won't really trigger any FOMO event IMO. People right now are used to seeing news about denied applications and/or extensions that they just shifted their news elsewhere, also when the news about Canada having the first Bitcoin ETF it didn't really excited anyone at all nor the market showed any price action during that day. I guess it will be the same thing when the SEC approves the Bitcoin ETF and it won't really give any hype anymore not unless the ETF itself will translate to direct demand for Bitcoin it won't affect the prices other than that. |
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Look I am not endorsing any form of tax evasion here. If I prefer the KYC-free alternative is solely because I tend not to give away my data & information to some companies which are not even capable of securing my data (ledger for example).
Reducing the use of bitcoin to evade taxes is a bit discouraging.
If this will be the same reason for other individuals who are not in favor of KYC I think what the government needs to focus more on is the regulations and enforcement to businesses in the crypto industry like what they are doing to Japan and Korea where they have a screening process for crypto exchanges before they earn any licenses to operate. If the government will apply a stricter enforcement like what they are doing to banks and stock brokers with regards to security I think the issue for KYC will no longer be there. If they tried this I don't think they need to spend a lot of money on finding out ways on tracking our transactions like what they are doing now, it just makes the people feel that they are always hunting down crypto users with what they are doing. |
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Only individual and reported posts that are deleted by the moderators are being notified to you but you won't get any notifications if the whole thread where your post is deleted. And if you ask, you aren't the only one experiencing this as if you are one of the members who typically posts in generic/off-topic/spam megathreads you will definitely see your post count dropping without any kind of notice from the mods. If you are somehow annoyed by that then you should be avoiding topics that are worthless or considered spam.
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Nope, it will always be about the supports and resistances and you can't take into consideration the buying price of companies have bought even as some kind of "psychological barrier". Not unless they have bought on these prices that fall in a support this theory of yours is not possible, its like considering a huge volume from that price as some kind of future support in the future which I doubt applies to any kind of technical analysis we currently have.
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Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.
If you are planning to diversify your earnings it should be outside of cryptocurrencies as this will definitely be not an effective way of diversifying as technically it would still be in the same industry. Right now the market is greatly influenced by the market leader and other cryptocurrencies follow the price movement of Bitcoin so if Bitcoin goes down other cryptocurrencies will also take a hit. If you plan to diversify it should be on other markets such as the stock market as it won't be affected by Bitcoin if it goes down south. |
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It's all about their "target audience" where they specifically target certain people in the forum which they think will more likely use their product or service. For example gambling related signature campaigns will mostly likely have rewards and bonuses if you have posted in the gambling section of the forum or they will have some kind of minimum post requirement for that section. For beginners and help section as well as off-topic section you will see that majority of the campaign will exclude the post created in this section probably because most of the members here are new and or topics here aren't related to cryptocurrencies which can interpret to them that these members aren't potential customers/client for them.
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