I didn't see us going under 014. We haven't really ever recovered from that drop.
I'm with you on that one. Nice to see XMR back in the top 10 on CMC...
Cool, I hadn't noticed. It's basically because XMR is a little more resilient than other coins. Under 0.01 was the one I thought was 'the Rubicon'. But TBH - Monero has seemed a little tougher in not dropping quite as much as the rest of the alt market, it doesn't want to go lower. LTC is not far off the XMR price right now, which surprises me after the LTC halvening. August spike due, perhaps - XMR has historically had one, if usually short-lived... |
|
|
|
@gentlemand How much to lease one of your fine brown allegros?
Other than the 45% cut for using Bitcoin via the in-Austin node there will be no monetary cost. There will be a human cost, one so high I'm not really comfortable discussing it here. We'll fall off that bridge when we come to it. No, sir. That would be unspeakably downmarket. Austin Allegro Vanden Plas. I was thinking Austin Princess VP... end of the 60's 'modern' car with a ridiculous Roller-style grill. No wonder the British stopped buying British cars, and the Morris plant in Oxford is now owned by BMW (making the mini). Shortly to shut down of course, due to latest Brit folly.... |
|
|
|
I started buying in May 2014. I’ve never declared any tax at all. Correct me if I’m wrong but you only pay capital gains tax when you start to sell?
Only when you sell for fiat. If you convert to another digital asset you don't pay capital gains. At least not yet. Actually HMRC considers any transaction that involves a gain, even if it is crypto-to-crypto is taxable, not just conversion to fiat. So if you have some BTC from way back and convert some into (say) LTC, there is a gain that is taxable if what you paid originally is converted now into something that is more valuable in the transaction. There is good software to help with this. Where LFC is OK, is that if you are just a hodler and have never traded you are ok, as you have never realised the gains; so no CGT is due. If you do trade into anything else (buy Lambo with BTC, buy some alts etc) it's a capital gain if the value realised is worth more than you originally paid. Another reason to HODL, for the UK-based OGs...  https://cointracking.info/Accept BTCitcoin payment, but it has free version up to 200 transactions. CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencieshttps://bitcointalk.org/index.php?topic=220238Actually I did try this one last year and I found it was OK on US, not so on UK. This one is more expensive - but it did my tax return last year and was worth every cent: IMHO - this one is superb: https://www.cointracker.io |
|
|
|
|
Nice to see XMR back in the top 10 on CMC...
|
|
|
|
I started buying in May 2014. I’ve never declared any tax at all. Correct me if I’m wrong but you only pay capital gains tax when you start to sell?
Only when you sell for fiat. If you convert to another digital asset you don't pay capital gains. At least not yet. Actually HMRC considers any transaction that involves a gain, even if it is crypto-to-crypto is taxable, not just conversion to fiat. So if you have some BTC from way back and convert some into (say) LTC, there is a gain that is taxable if what you paid originally is converted now into something that is more valuable in the transaction. There is good software to help with this. Where LFC is OK, is that if you are just a hodler and have never traded you are ok, as you have never realised the gains; so no CGT is due. If you do trade into anything else (buy Lambo with BTC, buy some alts etc) it's a capital gain if the value realised is worth more than you originally paid. Another reason to HODL, for the UK-based OGs... EDIT: Gentlemand beat me to it. Props, Sir! |
|
|
|
There were originally reports of r0ach sockpuppets spreading conspiracy theories and race hatred.
Quoting nonsense: ignored |
|
|
|
( the usual ridiculous lies after white supremacist who reads shit like r0ach's online and kills 20 people...)
Gtfo..... El Paso event is just the most of the most sick people Shooting on innocent people, chileren of 2 and 9 years old (just read they are not dead, but 20 are dead  ).... wtf man.... Another racist who you believe are the good ones.... pffff pity another Black day in history This are mornings when I have a real bad feeling! Please don't quote the vermin Mic, especially after yet another far right wing multiple murder? r0ach always says this, then goes back to promoting the very propaganda that causes it. The insect is one sick fuck, using people's deaths to promote hateful conspiracy shit and denial. It is not impossible our own local scum-spewer was on 8chan or Gab encouraging the kid who did this. Think about it; do you want to spread what our little wannabe nazi hate-monger writes? The shooter was engaging online with right wing hate spreaders. Think about what our local nutter does when not posting here, you think it never goes to the sort of places that promote this? Answer it - but do not quote its words, many here (including me) have the scumbag on ignore and just don't want to have to read it, or see it spread one inch beyond the fetid hole in the ground it festers in - and fosters and spreads hatred from. Edit: For the avoidance of doubt: Murdering innocent people out shopping is wrong. This litany of carnage seems endless and I feel for America (where I have lived and know well enough) after yet another shocking act of hatred. May the country somehow heal itself. |
|
|
|
|
And meanwhile Bitcoin
Spikes up nicely to ten four
That is much better
|
|
|
|
Last night with my babe to celebrate the 10K$ again   Jealous drivel... Comme d'habitude. It hasn't a chance in hell of ever being in a scene like that. (Misogynist drivel) Cause of r0ach I beat up my GF on daily base and keep her locked up in a basement on chain, feeding her bread and water.... Damn life get so much more boring around here.... Should I keep listening to the all knowing r0ach?? Just don't quote it, that thing loves it. You can answer it if you must, Mic - but why make everyone see the shit it says - and make it happy? Try it, mate - it's the only thing guaranteed to make its nonsense pointless. It is just beyond help - a nasty little cancer that needs surgical removal. |
|
|
|
This one's about more FUD from centralized institutions, this time in the UK... https://www.forbes.com/sites/billybambrough/2019/08/01/bitcoin-has-no-intrinsic-value-as-uk-moves-towards-crypto-ban/#5617b0ad2d27I guess it's hard to steer a boat when it has centuries worth of inertia. They'll come around eventually of course but I don't think it's going to be a particularly smooth ride for us. I particularly like this quote: "Although not a ban, [the U.K.'s FCA warning is] a move in that direction," said Herbert Sim, head of business development from Broctagon Fintech Group. "This lack of enthusiasm is shared by several countries; the U.S. with its scrutiny of libra, and India, who are looking to implement a similar ban on cryptocurrencies which are not state regulated. These movements could end up coming back to bite. The international competition on cryptocurrencies is heating up and there are huge risks in being left behind." The actual quote in the UK bit merely spoke about some parts of the market being unregulated and beyond the scope of the regulators - and urged caution. This is consistent with UK gov't stance and nowhere near talking of a 'Bitcoin ban' - the UK has never to my knowledge ever considered banning Bitcoin and government is quite happy to issue tax advice about it and allow pension funds to offer (limited) derivative products based upon crypto - provided risk advice is given. As you said - FUD indeed! |
|
|
|
Last night with my babe to celebrate the 10K$ again .................. Why you are so embittered with everything ?
I think you really have (or had) problems in your life to act like this.
Don't worry about my "babe" we are together since more than 7years, she owns businesses and earn his life without me.
So don't be stupid, and enjoy the life, basta.
Jealous drivel... Comme d'habitude. It hasn't a chance in hell of ever being in a scene like that. Just ignore it. When you quote it, it gets the horn. It knows everyone who already ignores it can see its putrid stuff and encourages it. |
|
|
|
Good chart, comforting.
But nothing "seems to be sure"
She does what she wants.
#haiku
Oh mistress Bitcoin Your butterfly path we plot Fly up to the stars #haikubackatcha |
|
|
|
Just a question: why do you define yourself a beginner and you have a legendary account from 2017?  He's been a beginner for a lot longer than a couple of years - look again. |
|
|
|
cybercash, as imagined in 1998 ~ please note, they wrote hodlers wrong  Can you give me name of the book from which you snapshotted that page, please. I will buy and read it, that is likely a interesting book on digital cash. The Sovereign Individual it's not my snapshot, I just found it. here are some more quotes: https://imgur.com/a/eV74v#0Just read the rest. Prescient stuff - bang on the money, so-to-speak! |
|
|
|
We already know that Cointelegraph is owned by the Bytecoin/Minergate/Changelly/CoinMarketCap people. Why entertain their drivel?
To be honest, I tend to forget which interest owns which popup faux news sites now, there are just too many. i need a easy to referance chart. That would be a nice thread i would think. So is there a thread on Bytecoin/Minergate/Changelly/CoinMarketCap connections. i remember Bytecoin/Cointelegraph and Minergate/Bytecoin being connected in a thread somewhere but I didn't know about the others, is this conjecture or do you have some links. Aren't these same russians connected to coinhive. My memory just keeps getting worse. Is this the thread you are thinking about? https://bitcointalk.org/index.php?topic=740112.0I just lost most of today reading all that thread. Amazing stuff - Bytecoin? What a scam! |
|
|
|
You could engage and become part of a long-established and respected part of the forum, which in turn was set up by the creator of Bitcoin.
However, your response only proves you are just here to pick a fight; essentially not to add to the community here, but simply to troll it. Obviously there is no motive I can see for people to do this, other than (logically) if they are either paid, butthurt or sociopathic.
I'm offering constructive criticism in the form of simple questions; don't act like not engaging in discussion somehow strengthens or supports your position.How does the fact you will be increasingly ignored by anyone worth interacting with here please you?
In the proverbial words of Satoshi Nakamoto.. I was engaging you to ask a question - which is 'what motivates you to post here?'. And don't quote Satosohi and pretend to be naïve - you do obviously understand a fair bit. So... |
|
|
|
Anyone who thinks Bitcoin is about asking permission from their government, is in the wrong place.
Indeed. It is fundamentally libertarian by design. |
|
|
|
Go take some of that Bitcoin you just bought and buy a VPN service. AIRVPN is a good place to start. https://airvpn.org/Now you can join whatever you like. I'm not sure it's a good idea to encourage people to break either their local laws, or the website terms and conditions, especially considering the risk of financial loss. 1. You were questioning what to do with your Bitcoin and appeared to complain you were unable to access a site, implying you wanted to. 2. Hairy offered a suggestion to use Bitcoin to buy a VPN - which is not in itself illegal at all. He was not advocating breaking the law by doing that, just offering help for you to access what ever you wanted to if you were under restrictions in your own country. I doubt very much he would ever visit such a site himself. You could engage and become part of a long-established and respected part of the forum, which in turn was set up by the creator of Bitcoin. However, your response only proves you are just here to pick a fight; essentially not to add to the community here, but simply to troll it. Obviously there is no motive I can see for people to do this, other than (logically) if they are either paid, butthurt or sociopathic. How does the fact you will be increasingly ignored by anyone worth interacting with here please you? |
|
|
|
WoW btw me and cryptoqueeen 6years together on this very 27th July What an amazing girl and especially of staying with me  Congrats to you both Mic - enjoy the occasion! |
|
|
|
Sorry to be bearish gents but I think we wont bottom this summer till we get to about 4900.
I'm going to assume you mean 9400. Not 9400 , he certainly meant lower. I would think 6400 rather than 4900, but its just an opinion. Even top of the 6K range breaks the trend line for now - which would be pretty catastrophic. Personally mid-7K is 'possible' but I can't see much lower than that. Even now it's cheap coins in even most plausible mid-term scenarios. It's just silly season, most countries are in holiday mode. It doesn't take much to mess around with the price as these volume levels. BTFD. |
|
|
|
|
Show Posts
