Let's put a link to that company: https://www.pyszne.pl/Don't know if there are Polish people on this board, though.
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We have successfully used bitcoin as down payment funds. They had to be converted to USD first (as bitcoin could not be sent directly to escrow).
I don't understand why you say you've been successful. It's a failure to me because those bitcoins had to be exchanged to fiat for the loan to be accepted.
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Everybody shall remember what happened a year ago.
I mean the halving. Most people said at the time that BTC would go to the roof, because of that new scarcity, but nothing happened. The price BTC remained flat for several months after the halving.
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I didn't. First because this petition mixes bitcoin and litecoin, and I don't support that altcoin, then I'm afraid Amazon could kill BTC. We're having network congestion problems, and a huge marketplace like Amazon could only increase the problem. Let's fix it first. (Yes, I know SegWit and BIP148 should be implemented next month, but this isn't done, yet.)
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Considering the cost of a real lawyer or tax specialist, you may try to get some information on this forum. It won't be guaranteed, but it will be free.
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Never had a role model. I wanna be myself.
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What's wrong with Earth?
Pictures I've seen from Mars didn't get me excited. I don't like the temperature and you can't even breathe out there. Sorry to put it so plainly, but the grass isn't greener on Mars.
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barcodeguy, you are really surprising.
I would have created a bot like you did, I would have kept it all for myself, pocketing all the profits alone. Because somehow, you're sawing off the branch you're sitting on. I mean that if more and more people lend money on Poloniex, the lending rates will go down and down...
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WRONG News!
Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.
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This is the country that a few months ago choose without any warning to demonetize its largest banknotes. So I find it hard to trust that government. BTC may become legal bit it will be highly regulated, and I'm afraid that the next step will be to tax it. Poor Indians!
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After the risk of 51% attack, I've been reading for months that China was taking over BTC with its huge mining farms. Mining cartels, now. I think Craig Wright lacked imagination when he wrote this.
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It would only appeal to newcomers. Many of the early bitcoiners joined for the very precise reason that they do no trust their government, the central bank and/or local currency. Imagine China or Russia launching its national cryptocurrency. No foreigner would buy it, and locally, only hardened government' supporters would get it. They're all doomed to fail.
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Hey, not everything's bad in the EU! They may regulate exchanges at some point, though.
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Hi thanks for the reply In my case I found out that the buyer complained that I had scammed him by taking his money and giving him nothing. Now I will have to prove my innocense to the bank by going to the branch with all the evidence that he did in fact receive bitcoin in return for his payment
Just what I wrote in the most above yours. Forget about punishing your fraudster. Your bank has other things to do, and so does localbitcoins. I guess it's safer to trade with cash in a public place.
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The good thing about AML and KYC regulations is that they help BTC! Many have bought BTC precisely to escape regulations from the nanny state.
What's wrong with drug dealers? With gun traders? If people want to use drugs in the comfort of their home, nobody should be allowed to prevent them from doing. If people want to buy guns to protect themselves, that's legitimate. And if people cheat on their taxes, that's good. That's less money to the evil government, and more for their own good and pleasure.
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To freeze a bank account is unusual. It takes more than a large deposit for a bank to activate it. I mean that even if you're on minimum wage, you can always sell an used car, or get a loan from a parent. The cause of the freeze comes most probably from the other side. I mean the buyer who made a large transfer to an unrelated person. That transfer raised alarm at the other guy's bank, and that alarm spread to your bank.
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This is getting tricky. It used to be between the miners and the core developers, now there's also the hardware manufacturer who wants to rule the BTC world.
I wish simple users who have more power. But everybody shall remember we will have to power to choose the leading coin if there's a hard fork.
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Supply and demand.
The Barry Silbert segwit agreement may also have had a role. Some people thought for a while that the scaling problem was solved. Now that everybody sees that nothing's fixed, some investors may be disappointed.
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Well, I don't like the idea of a loan because BTC's price is just too crazy. It more than doubled this year, so I can't think of any sane person who would accept a loan in BTC. That makes the idea of a loan suspicious...
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I thought it was more like a Offshore business loans a individual funds/bitcoin in the USA because loans aren't income in the States.
Income and capital gains have nothing to do with loans.
Wether someone loans the company the bitcoins or invests it in the company doesn't really matter. The part I am concerned about is when they sell the bitcoins for dollars. Really? It's the change of ownership which shall concern you. You create a company, providing a financial asset with your bitcoins. You get shares in return, and the company now has every right to go to an exchange and buy any fiat currency it wants. But AML regulations will be when you transfer bitcoins from your personal wallet, to a wallet in the name of the company. You'll need a lawyer and you'll tell him I'm giving that many BTC to the company I'm creating. This is where there will be questions.
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