Yes, but who decides how much 1 BTC is worth? What if the value goes up by 100% before there is time to pay the tax? It isn't that simple I am afraid.
It is. If you don't trust bitcoin to have a little stability in the future, then I guess you're unlikely to use bitcoin anyway. If I didn't trust Bitcoin I wouldn't be opening a shop. The currency you want to use to price your products is an economic decision you have to make for your business. Whether it is USD, EUR, JPY or BTC doesn't matter: it's always the same problem.
What do you mean? The rules of opening a business using USD, EUR or any other common currency are clear and out there. My question is very simple: how technically do you do this - I put goods on the offer and price them in BTC. I only accept BTC as a payment method, but it is very unlikely (at the moment) thatI will be able to buy goods from a wholesaler for BTC, so I will have to use EUR. So, after I sell all the goods for BTC how do I deal with taxes? This is my main question - how to legally run a Bitcoin only shop. I don't think anyone answered that clearly. |
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It's okay, it's like Coca-Cola - they have long ceased to advertise coca-cola drinking, they simply advertise their brand name Also, can you show the movie with any advertising, who scored so many views? http://www.youtube.com/watch?v=szKApsnAe2QI think you are missing my point. I only said that an ad that can be freely posted anywhere (i. e. not a porn one) would bring us more benefit than a one that you can only post here and spam your friends with. There is no problem with having a porn one too, but my point is that an erotic one would be of more benefit. But the ultimate goal is a large number of views rather than the ability to post links to decent resources And where would you post that 16 yo porn video? |
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It's okay, it's like Coca-Cola - they have long ceased to advertise coca-cola drinking, they simply advertise their brand name Also, can you show the movie with any advertising, who scored so many views? http://www.youtube.com/watch?v=szKApsnAe2QI think you are missing my point. I only said that an ad that can be freely posted anywhere (i. e. not a porn one) would bring us more benefit than a one that you can only post here and spam your friends with. There is no problem with having a porn one too, but my point is that an erotic one would be of more benefit. Besides, 16 yo may be legal in the UK, but in some countries it's 21, so someone may get in trouble.
Why cares? I couldn't care less since I won't be the one shooting it.  |
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I'm pretty sure that, as long as you declare what you do, it's perfectly legal. I guess for IRS bitcoin is nothing but a "foreign currency" and it should be treated as such, nothing more.
Forbidding it would be completely crazy.
Yes, but who decides how much 1 BTC is worth? What if the value goes up by 100% before there is time to pay the tax? It isn't that simple I am afraid. |
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You could advertise this on anonymous channels like imageboards or chatroulette  Horny girls teaching you how to use Bitcoin. Serious, it will be a viral advertising! I am propose preorder, buy and publish a video tutorial about using a bitcoin. Downloading, checking sha1sum, installation, 0.05 BTC from faucet, transactions, checking confirmations etc. About 20 min, approximately. Let it will made by naked 16 year old girl. It can also have sex with itself or something like it at this time. How much does it cost? (I can not believe what I wrote it!) I think it would make much more sense to get a professional model for that job and not to make a porn movie out of this. It should be something that you could put on youtube and post a link to it anywhere, facebook or whatever, where she would be explaining how Bitcoin works (all you need is a pretty girl in a sexy outfit and a soft, addictive voice). Such an approach has proved itself many times. If you make that a porn ad I don't think this will get a lot of people interested in Bitcoin - they would just view it for its porn aspect. Besides, 16 yo may be legal in the UK, but in some countries it's 21, so someone may get in trouble. Still, it would be interesting to see that. |
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A currency exchange is convienient to begin, but eventually goods and services must be offered for bitcoins to be useful.
This is a very important point. I have a few friends who trade different things, some small, some big. I told them about Bitcoin and they like the idea, but what's stopping them from selling their goods for Bitcoin is the legal factor - how do you declare income, or do you do it at all etc. No one seems to be able to give some definite guidelines for people wanted to open Bitcoin shops. I am thinking about opening one myself, but I don't want to get in trouble either. I realize that the legal issues really depend on the country you live in, but some general guidelines would be nice. Say, for example, I register myself as a sole-trader and buy 40,000€ worth of computer parts, I launch a small computer store on-line. I sell these parts for Bitcoin without declaring it as income (I wouldn't even know where to start even if I wanted to declare it). How would all the invoicing work? Also, if I just sold those parts for Bitcoins and had no income in €, what if someone drops in to my warehouse and there is nothing there? This is a very important issue and any advice would be appreciated. Sorry for drifting off the subject a little bit. |
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You could advertise this on anonymous channels like imageboards or chatroulette Horny girls teaching you how to use Bitcoin. +1 Like the sex lessons on NWA's debut CD: "First, you grab the... coin" |
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Looking at "luck" from a different perspective, I haven't generated any blocks using a 300Mhash card for the last two weeks roughly.
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Last week I managed to solve a block using a 65Mhash machine roughly one hour after I turned the miner on! |
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an erotic story between a 40 year old man and a kidnapped 8 year old whose will becomes broken. when he's eventually caught nothing happens because he's the son of a rich politician. (it's a happy ending)
That's hardly going to be erotic imo. |
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It seems that I bought out all stock at reasonable prices from all UK etailers and retailers
Greedy bastard! You should be the one selling me one now! Yea looks, like I indeed bought out all stock in UK now and buying all the new stock which pops up both used and new. Now buying a shipment of cards direct from manufacturers in China. Hopefully they can manufacture them fast enough. lol So if you still want one I could sell one to you once I get a shipment at going price in UK. Thanks for that. I managed to find one Sapphire in Poland for 500 euro. How much do you want for yours and what make is it (I would prefer Sapphire)? |
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I'd love a windows client! Would be excellent  I would love one too! |
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The service seems to be down again. :/
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I am going to set up my own shop selling those for BTC only, but it is going to take me a few weeks so before then, I am just giving you guys a link to the manufacturer's website: http://brik.pl/eng (click on the pictures to enlarge them) As far as I know all these toys now come in a nice looking, colourful cardboard boxes (please keep in mind that the writings on the box will be in Polish). I will try to get the picutres and put them up somewhere. Brik are going to update their website soon. Also, the toys will be shipped from Poland, so contact me for the shipping costs. Of course, all toys are brand new and meet all EU standards for children safety etc. So, if you have kids and want to buy some toys for Bitcoins - give me a shout. Cheers. |
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Is there something wrong with the websites (both) again? I am getting time-out errors from fastCGI when I click "Next".
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I crashed the site. I'd been making multiple bets at a time and getting pretty lucky, upped it to three bets of 10 and they all stopped refreshing, now I can't get the site at all.
I bet 4BTC, pressed play and the site is not responding now... You can lookup a lost game using the following URL: http://jackpotdice.bitcoinbet.com:8080/index.php?account=1<ACCOUNT WHERE YOU SENT YOUR BITCOINS TO PLAY>&action=lookup (remove the < and > and replace the text with the account where you sent your coins.) Thanks MoneyTree, it actually refreshed after about 30 minutes and I got my BTC back (hit 100%). What's the craic with bitcoinex? Is he blackmailing you or something? |
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I crashed the site. I'd been making multiple bets at a time and getting pretty lucky, upped it to three bets of 10 and they all stopped refreshing, now I can't get the site at all.
I bet 4BTC, pressed play and the site is not responding now... |
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JAZZ LESSONS for BITCOIN!!!  For those of you who don't know, I'm a jazz saxophone player...here's a couple links to hear my playing: Anyway, I have started accepting bitcoin to review anyone's jazz playing. Basically if you want some advice on improving your jazz soloing (and music in general or anything else for that matter ), just upload a video to youtube, send approximately 1 bitcoin per minute of video (but suggested minimum is the equivalent of 1USD) to mybitcoin.com address ericfontainejazz with a link to your youtube video, and then ericfontainejazz will write comments on your youtube video (or send a private message if requested) on how to improve your playing. I might even send a video response if you send me extra bitcoins (send a youtube message to ericfontainejazz first). You probably should start using YouTipIt.org. |
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IMPORTANT: Jackpot Dice generates a new temporary payment address every time you play. This address will change for each bet you place. Never reuse a temporary payment address or your Bitcoins may get lost!
I would expect people to know that by now... |
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