 Very urgent... My Child fall from balcony, i don't have money for medical expense.. I asked neighbours but they said we dont have, or wait 2 days. Bank loan takes days. I dont have digital collateral, please trust me bros, i will return in 2days... With any interst... Please help me... please... Amount needed: 0.02 btc or 0.25 Interst : any interest (10-30%) Address: 1EAvA6hXxdqXR3V71SAUGX4ymCShBWkNK5 Tenure : 2 days... Wow this is really cool and I feel this is the new direction of narration in other to get a loan on this platform but the issue here is that no one buys story like this because if you really know about bitcointalk to borrow money then you will definitely not be a newbie who just wants to get loan and bolt so if you are serious about this, you will ask with your real account and fulfill the necessary conditions before a penny will be advanced to you. Its as simple as that, nothing more, nothing else. |
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Honestly I already buy a Real estate using my earnings at my job and also on bitcoin. I've been at bitcoin in 2012 but been active at 2015 so i could say after 2 years i already managed to get a real estate. also i have a small business which i have my own worker and i am the manager. It's not easy but if you have a patience and hardwork you can do it.
Could you share what was the total cost that you got your house for and was the payment done in btc? Since you done this transaction in 2015 what was the approx rate of btc at that time. Just wanted to understand had you hold btc and sold it now probably you would have got a much bigger flat then what you bough considering the 4k mark btc price have crossed it? The total cost won't matter if you are not based in the same country because living conditions as well as the legal frameworks surrounding the acquisition of property differs on a country to country basis. I also have the mindset of going into real estate maybe in the months to come and there is already an estimate in my mind that with 3 to 4 btc at the current price of bitcoin, a decent accommodation is sure over here. |
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i remmember back time that i just deposit and didnt give a fuck about the money there and just forget it. it was pennies and i didnt even gamble with it. now i just log in to few sites and find out that i have hundrens of dollars i wasnt aware of! it great. i withdraw it all  I am really happy for you for your decision as at the time and for also forgetting it. I also need to commend the gambling site for being truthful to their word and do not allow just few hundreds of dollars to spoil their reputation because if not that, they would have deactivated your account for inactivity for a long period of time and for the mere reason that they will pay more at this time for you which they did, they deserves a medal. |
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After going through the article, I cannot but commend such initiative because it plans to cater quite an amount of the untapped population which is something I see as good news and the time those people are brought into the cryto net, the moon will be the starting point for the crypto world especially bitcoin. Aside that, the article also dwell on several happenings around the world to even further make a case for the penetration of bitcoin. |
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I don't even need to open the link to be sure that the report is just one sided planned to favor a particular course and that's exactly what is being portrayed here and I see some level of jealousy in that write up and I don't expect to see anything different from a competitor but what they also need to realize is that, times are changing and people are moving, and its either they join in that movement or they are left behind. |
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Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!
Comparing the two is even haphazard on its own because its like comparing two unlikely things when it comes to profit making in the case of stock market its highly regulated, stock prices don't just go up without fundamental reasons such as change of management or declaration of dividend and even at that the increase is marginal as well as individual allowed to trade without prerequisite qualifications compared to bitcoin where there is free entry and exit, no one controlling anything. As easy it is to make profit, so also is to make loss. |
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The issue of corruption is not even limited to the bitcoin alone as anything that have to do with people pursuing selfish interest can lead to corruption and not even something as money. Even food, position, evaluation among other things. Whether bitcoin will not lead to corruption is just a step from what we already know and it doesn't change the behaviour of a corrupt individual so he has learned and know how bitcoin works, then he is sure to apply his skills there.
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Following signature campaign thread : Indian Independence Day Celebration - AVATAR CAMPAIGNNothing fancy,just a regular signature campaign thread with participants posting their entries. Suddenly,a wild butthurt Pakistani appears oh. Thank you Pakistani to give this lesson to India.
I note that Indian always copy Pakistan do something Unique Dear Indians.
Even if he has relevant opinion.how does it makes any sense to leave that comment in a signature campaign thread ? Isn't it off-topic ? The said account woke up after almost an year to post that crap. I reported that post 2 times and it's been more than 8 hours the post isn't removed yet. Tell me if I'm missing out on something ? I saw the post too and I was like " who is this individual trying to wipe up unnecessary sentiment in a public forum" and even doing it off topic which should not be allowed in a public opinion. In addition to that, its not even supposed to be in "off topic" because if its allowed, then there is bound to be some serious tribal or ethnic confrontations which I am sure will not lead to something nice. I am with you that it should be deleted immediately without having to wait for it to be reported not to talk of reporting it two time. |
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Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
Its obvious this decision of yours is unconnected to the increase in the price of bitcoin but at the same time you need to be careful in as much its not encouraged to fully rely on salary, it is equally important not to gamble it before the pay day because in the industry you are planning to foray into, there high chance of volatility which same will not happen to your salary as that can still keep the body mind and soul together before the next pay day. So, I would suggest you get your priorities right and allocate a portion of your salary that its untouched to bitcoin. My opinion. |
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I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
If you are ready to take the risk and even doing it right, then there is no way you want to compare holding returns to trading returns because it does not just compare to each other. My wonderful experience was when I bought a coin with 0.002btc and I bought several because it worths about 35 satoshis or thereabout but the next two days the coin increased to over 100 satoshis and my investment grew to 0.008btc which is something I dont think holding the btc will give me. In short my BTC will be constant just the dollar value changes. |
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I really dont have any issue with the captcha and even after I read the Administrator explanation, I know its for the betterment of the forum but the concern here is the difficulty I faced login in from a mobile which was even not possible right from the longer time it took for the captcha to load, down to the error messages after doing it correctly, I would subscribe to the Solvemedia where you just have to solve a simple mathematics or anything related to that in other to gain access.
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The employee actually forgot that he has signed a non-conflict agreement and even by default not to use the company assets for other purposes other than official duties but I am happy for him though because he was only given a slap on the wrist for what he did. In other climes, he would have lost that job but either way, he would have made more money or else, that would amount to double tragedy for him. A lot of us is actually guilty of this especially several who has access to unlimited internet in the office we tend to misuse such opportunity.
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You see one unique thing about bitcoin is that everyone has a story to tell whether you joined in early or you joined in late and the majority for everyone who never lost his/her faith in bitcoin is always positive. For me who joined a little less than a year can equally attest to the beauty and how tense the trying times in this one year were and how tempting some rash decisions were made but in all, I didnt lose the faith and thats why I dont have any regret which I am sure in the next 5 years, I can tell much more interesting story than Op.
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Why sell now, don't like money? You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.
There is no reason why I feel anyone should not sell so far you can make peace with yourself and you are not greedy then you are good to go. I sold some last week and I didnt feel ashamed because as at the time I sold, I dont have any other choice than to sell, so many people can be in the same position rather than horading. Also, the reason why the price is going high is because demand is more than supply but if there is no supply at all, then in the next days, no one will be asking which return us back to the beginning. |
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Im looking for a card that i can use to withdraw from local atms mainly
i want to be able to load the card with bitcoins
i looked through several solutions for all charge 3% Foreign transaction fee
so if i withdraw 100USD i will actually get 97$ plus around 3USD cost per transaction
You will hardly find whatsoever without any charges. The payoneer card that I use for global transaction loading money on it will cost .02% and aside that, just by checking my balance in a local ATM, I was charged additional $1 and this is the case where I had done my verification and not staying anonymous. Now imagine the cost, in other to stay anonymous, I tell the cost you have there is the minimum you can get. |
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I prefer direct bitcoin transfer, its possible for you to try with only 1 card and then you will see.
or of course you can also wait and follow this topic until you see some favorable comment and happy clients.
This is firstly a turn off for not agreeing to use an escrow in which I won't even be a partaker and after 17 comments, I have still not seen any positive comments to convince me to patronise. Also, using anonymous card is something I don't know how its going to work because most reputable sites will mandate that you fill the name on the card especially master card and if that is not there, I don't understand how its going to work. |
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as per the title.. whats to prevent the government of a large country to designing and using an asic purely for itself? they have the resources, the amount of money is trivial (for a government), power would not be a problem as they could build a power plant just for the mine to use. ultimate goal would be to control bitcoin. and make some money but that would be trivial. they wouldnt recap the investment but thats not the goal anyway.
sure lots of up front money and time but again, a government wouldnt care, and the long term gain in controlling btc might be worth it.
only bottleneck would be fab capacity. maybe buy or build one?
the fact that no government is trying this means my thinking is flawed somehow. so whats the catch?
EDIT: goal is to for a 51% attack on bitcoin to cause people to lose faith in crypto, thus destroying it.
The same reason why they cannot stop bitcoin because when they do that, then their currency will be limited to their own country which will not be valuable for international trade in which we all know play a dominant role in the development of any country. Aside that going that route would then mean that government is approving crypto currency which might therefore means overhauling the whole financial system. Also, the next issue of concern would be the privacy in which majority of the already exposed to bitcoin will not trade for anything else. |
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If you collect dollars, then it would be interpreted that your btc was sold to the corporation and by that you will be liable to pay Capital Gains Tax.
How did you come up with that?  They have their transactions in their books and decided to hold, BTC went up, so there are gains to be reported. Why were they planning to transfer the ownership to you? Do they owe you money or were they simply hoping that it will allow them to avoid taxation. You said they were accumulating over the years, so they were reporting those coins as company assets each year, right? No you are getting it all wrong and its because the company will not recognise it as an asset rather a liability in the books and the gain arising on such will be added to the customers deposit because the btc op has, is like a loan to the company. Now, in this case when OP is trying to withdraw, if its going to be cash then he will pay CGT because he needs to sell the bitcoin to cash but if he is withdrawing the BTC then what he did is just to defer the payment of the tax to a future date when he will be converting it to cash. |
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Username: audaciousbeing
Post Count: 1376
Btc address 1M3Fvzxm46c32apskPrcWXCAeHQH62dFfV
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Can any good corporate tax people on this forum tell me how best to handle the following tax scenario?
I am an employee and shareholder of "Widgets Inc" (C corporation), which accepts bitcoin on its sales of widgets. My company has accumulated 10 BTC over the past few years on these sales.
Widgets Inc wants to transfer the value of the BTC to me. It can either sell the BTC and send me regular dollars, or it can send me the bitcoin directly.
Questions:
1. Is there an optimal way to do this that results in the least *combined* amount of tax liability, when considering corporate capital gains tax?
* I say "combined" because I want to take into account both the corporation's tax liability PLUS the my personal tax liability.
2. Is there any way that Widgets Inc can avoid capital gains tax by directly transferring the bitcoin (which is considered "property" by the IRS) to me?
Please take into account that the "transfer" could be salary, a corporate distribution, or any other mechanism you are aware of. I'm open to all solutions.
Why I am asking this:
From what I've read, C corporations actually fare much worse than individuals in terms of capital gains taxes. Individuals receive "favorable treatment", while C corps do not.
From what I have read, since bitcoin is already considered as a property, then there is no evading of tax but you can avoid the payment of high tax by just comparing the two scenerio. But wait, I guess its when you sell for cash that its regarded as capital gains but since they will be transferring then thats when the issue of tax will arise. If you collect dollars, then it would be interpreted that your btc was sold to the corporation and by that you will be liable to pay Capital Gains Tax. |
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