They said that they won't sell though any market echages... But with a bidding. That is more likely not to cause a crash.
The rumor (from above) is that they will be holding the auction at the US Marshals web site. They have several different government auction web sites to choose from. Once I learn for sure which auction web site they will be using then I will register there, do a small "test" auction on some random item to learn the ropes of the site and then get ready for the big day. Almost smells like a HoneyPot if the government is having their own auction site where you have to register. Great way for them to collect data on bitcoin users! |
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No, but they'd know if you exchange BTC to fiat  So they'd easily be able to tax the money you got from selling those bitcoins. If the IRS did decide to tax everyone who converted bitcoin to fiat, I would assume that would be more costly than lucrative for the gov. Since your only taxed on the capital gains, how would they know unless you tell them? Or if you sell your services for Bitcoins how would they charge you income tax unless you tell them? Many people use the advice of "oh they wont find out"... it might work well for awhile (or even your whole life) but that's a huge risk to take. Unless your an expert at laundering money the IRS will notice and does have access to various ways you spend money that you might think they don't . People can take whatever risk they want, and they can or even often do get away with it. That's typically bad advice though, it's usually much better to just be honest as possible and let a tax man/lady handle it for you, sure you might have some less money at the end of the day but you can also rest a lot easier knowing you're much safer. I'm not suggesting anyone hide anything from the IRS. In fact I suggest everyone pay whatever the IRS comes up with. My point is, just because you sell your bitcoins for fiat does not mean you are taxed on the entire amount. You pay taxes on the portion that is gained. If I traded $1,000 all year long in and out of bitcoin, I am only obligated to pay taxes on any amount over the initial $1,000 invested. Who knows I may have had a loss after the year. (Deduction?) This also will all depend on how the IRS decides to classify Bitcoins. And as far as I know, they have not made any statements. |
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No, but they'd know if you exchange BTC to fiat So they'd easily be able to tax the money you got from selling those bitcoins. If the IRS did decide to tax everyone who converted bitcoin to fiat, I would assume that would be more costly than lucrative for the gov. Since your only taxed on the capital gains, how would they know what's a "gain", unless you tell them? Or if you sell your services for Bitcoins how would they charge you income tax unless you tell them? |
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the dip although significant This dip was not significant at all. Heck, this is the same price it was 5 days ago. If it drops to $400, then that would be significant (and temporary). Regardless, Don't forget...Bitcoin is a Honey Badger. |
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Your FUD don't belong here! (Try speculation)
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Awesome....love to see BTC faucets pop back into existence.
Typical FUD thread.....
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I'll chime in...
Guilty or not he needs to step aside for the better of the community. If/when this is resolved and if he is found not guilty then he can reapply for nomination. Regardless, the us government is doing us all a favor.
They are:
1. Removing all the illegal perpetrators who give bitcoin a bad name
2. Proving they can still hunt down money launders who use bitcoin
3. forcing the government to rule on Bitcoins status as a currency for legal reasons
4. Forcing agencies (like the IRS) to now have to make determinations on bitcoin's status.
Everyday that goes by gets more interesting........
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Bitstamp is now an exchange that constantly has coins being sold (dumped) for fiat and less actual trading going on. Processors like Bitpay constantly sell on their exchange and are driving the prices downward. MtGox prices stay high because no one can get fiat out.
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lol @ ignoring proudhon
+1 Lol...they just don't get it! |
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Also this interviewer is not too bright.
Quit being nice Gweedo......she is flat out STUPID! Lol |
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Why are you posting about the alt coin Doge in the Bitcoin discussion thread? Might get some more traction to move it over to Alt Currencies.
its Dodge/BTC market Oh, I understand. I guess it belongs in currency exchanges sub forum. https://bitcointalk.org/index.php?board=53.0Definitely not here.... |
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Why are you posting about the alt coin Doge in the Bitcoin discussion thread? Might get some more traction to move it over to Alt Currencies.
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Let's help the OP with his title. I think he meant to say:
Regarding BTC, are Linux distros safer than other operating systems from trojan/virus attacks?
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Afaik, 20amps are enough on low mode
I haven't seen anyone able to use 20a power supply (but I may be wrong) to run a cube even on low. Maybe 25a, but you might not be able to run high speed clock. (That is why they have 30a fuses for protection at full clock). Even the OP (Doggie) in the first topic is suggesting 66a for two cubes. From my experience a 30a 750w PS was not even adequate to run one on low, but I am sure different power supplies perform better than others. One other suggestion, look for 80plus gold rated power supplies. If you get a less efficient one you are just wasting money paying the power company. Funny how people will worry about a 1%-3% mining pool fee but overlook a 10% inefficient power supply. Remember you will be running your miner 24 hours a day. Also make sure you buy from a reputable manufacturer because the "80 plus" rating is voluntary and can be faked. http://en.wikipedia.org/wiki/80_PlusI have a couple of these with 3 cubes on each: http://www.newegg.com/Product/Product.aspx?Item=N82E16817152044I was able to get them off Ebay for around $110 each a few months ago. |
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