|
If a bank did buy up all the coins they could, what would they have then? How would it benefit them?
|
|
|
|
|
If you have their email addy you could buy them VPN service for a year. I think privateinternetaccess.com is about $35, and they take bitcoin. All you do is pay and provide them with an email address. They will then send login info to your friend.
|
|
|
|
|
UPDATE:
well I finally got around to checking prices at the Obama care website. I did find a better plan for less money, about $200/month better. I'm buying it tonight. So even though the website exploded on the launchpad, it did save me a lot of money.
|
|
|
|
I have a thought about that... Hahah! Ahhaha, omg hahaha. "competitor" Hahah hah, too funny.  |
|
|
|
Could you guys do me a solid and continue panic selling for two more days? That would be awesome. My funds are on the way to the exchange.
Because you can be sure the sky is falling, a guy on the Internet said so.
Why do you care so much? You look like such a bull that a price of 800$ or 1000$ should hardly make a difference for you. Or you are not such a bull after all and you think that 1000$ is the ceiling? Lol, that was my attempt at creating a market panic.  (as a joke) Compared to the other crashes I have seen, this is hardly worth a mention. I like a crash, that is when I do most of my buying. The question I ask myself is "why is it crashing"? If all the fundamentals of bitcoin are in tact, I buy. I love bitcoin, however I love rationality more. For me the glass is not half full or empty. It is completely full; half with water, half with air. |
|
|
|
|
Why should his opinion mean anything to me? Because he is in the Army? I know far more about guns than most officers.
|
|
|
|
I wrote an email to the DOJ explaining that bitcoin is about to crash to ZERO!! The email showed them how to sell me the coins for $100, so that they not left holding the bag. Maybe they'll noob out, and panic sell their coins. |
|
|
|
After the trial I assume they can. They can sell a drug dealer car, right?  |
|
|
|
A dollar can't be worth BTC0.00001, dollars aren't backed by anything. They will be backed by bitcoins! Actually the US government is the only one that currently holds some and has stated that. They didn't buy it on gox but they still hold some bitcoins  Hmmm. Well, if they are backed by bitcoin i may have the give these dollar-coin things another look. |
|
|
|
|
Never buy a USB stick with a wallet on it. There is no way to confirm that the wallet file you bought has not been copied. It is a very, very bad idea.
|
|
|
|
A dollar can't be worth BTC0.00001, dollars aren't backed by anything. |
|
|
|
Oh great, a frequent flier miles alt-coin.  |
|
|
|
|
Could you guys do me a solid and continue panic selling for two more days? That would be awesome. My funds are on the way to the exchange.
Because you can be sure the sky is falling, a guy on the Internet said so.
|
|
|
|
The price of bitcoin is now dropping it is now at $945 and going lower and lower
I bet that the price of bitcoin will go to less than $100 before the year ends
Shall we bet then? Let's say 1btc? |
|
|
|
|
You could buy them then sell them later today for a profit.
P.S. Don't mention this to your friend.
|
|
|
|
yes, as mentioned above it used to be a way to fund a Gox account. But it was convoluted and confusing, with many opportunities for something to go wrong. However if I could just directly buy them from ZipZap I would check them out. The real question is what are their fees? |
|
|
|
|
There should be a "never" option. That is the option I have chosen.
To me the question is like saying "When will you Germans cash out your Euros for US dollars?"
|
|
|
|
I don't understand what that has to do with my statement? How is it the IRS knows, an audit? I never turn bitcoin into USD, how would they audit my bitcoins?
If you never turn bitcoin into USD, how do you pay your rent? With all the USD I also own. Good luck, then.(Am I allowed to wish you good luck? Or would that be conspiracy to commit tax evasion? Oh well, to be safe I'll cross it out.) Failing to report your income from your bitcoin business is no different from failing to report your income from a cash business. You might be able to get away with it if you never spend the money. But what's the point of that? lol. Oh I do pay my taxes, I don't always like how it gets used, but I pay my share. And if I do turn some back into dollars I will pay capitol gains. At least I won't have to pay as mus as I do for the money I earn by working. I promise I will not bring up your post at my trial either. |
|
|
|
I don't understand what that has to do with my statement? How is it the IRS knows, an audit? I never turn bitcoin into USD, how would they audit my bitcoins?
If you never turn bitcoin into USD, how do you pay your rent? With all the USD I also own. |
|
|
|
If government already taxes Bitcoin owners, then it was faster than I thought
There has never been a time when the growth in value on a bitcoin is not taxable in the U.S. The law is quite clear that anything you buy and sell at a higher price is taxable, bitcoin is no exception. Of course, the IRS is way behind the curve on this and may be able to do little about taxes. I think it is a good practice to pay capitol gains when converting to $USD. Failure to do so may bite you later. You might have to pay back taxes and fines later that could wipe you out. I think it is so everywhere throughout the world, but could they really trace you down, and what about the case when you mined bitcoins yourself (paid for electricity and bore other costs)? I'm not now talking about Silk Road and all that underground shit, but if you sold your coins at Coinbase, how would they even know in the first place? Yeah, I doubt they have people who know how to track coins. And if you mined then sold bitcoin face-to-face, the IRS wouldn't know. Not sure about coinbase, but if they are compliant they will report ?some/all? sales for $USD. If you think about it, when you cash out for USD and the exchange deposits in your bank account or writes you a check, that is a business record that is linked to you. Obviously you don't know much about how IRS audits work. If you mine bitcoins and sell bitcoins for dollars and then use those dollars to pay your rent, the IRS doesn't have to know that you mined bitcoins and/or sold bitcoins for dollars. They audit you, ask you how you've been paying the rent without earning any income, and then they ask you to prove it. If you're making $30,000 a year mining bitcoin, or if you're living like someone who makes $30,000 a year, then maybe you'll get away with it. If you're making $30,000,000 a year mining bitcoin, and living the lifestyle of someone who makes $30,000,000 a year, but you're not reporting any income on your taxes, you will get caught. (If you've got a really high electricity bill that's also a good way to get caught. They'll probably suspect you of manufacturing drugs rather than bitcoins, but either way it's a big red flag.) I don't understand what that has to do with my statement? How is it the IRS knows, an audit? I never turn bitcoin into USD, how would they audit my bitcoins? |
|
|
|
|
Show Posts
