It's every single crypto trade now. That's what's changed with this new law passing. Cashed out crypto was already taxed. Good luck if you have rampant bots. You'll need your own bot army to calculate the tax.

https://trends.google.com/trends/yis/2017/GLOBAL/

Interesting that it's right up there in news, not searches. I don't know who Matt Lauer is either.

Still, it's bloody enormous all the same. Buying Bitcoin is number three in the 'how to' charts.

I'm not US based but I do watch r/bitcoinmarkets which has lots of them and it seemed to me that a fair few of them were already thinking this was a thing. It is theoretically in the UK and always has been but I'd guess most will roundly ignore it away from the obvious honeypots like GDAX.

Hey, for once google translate made that largely comprehensible. Perhaps everyone's desperately correcting his posts and it's slowly getting the hang of it. It looks like he thinks it's business as usual so largely up and falls at this point are no big deal.

"Greetings to the misters "The bubble burst". I've heard you dozens of times in six years."

It's just a random bunch of chancers stealing the name. There are no heavyweight backers.

Aye, I'm off to the Manx GP and Manx rally next year. I did the TT circuit in my hot hire Fiesta a few weeks back. Dunno how they do it.

There's your sexy rates.

https://www.pwc.com/im/en/services/tax/isleofman-tax-rates/money-matters.html

Note the complete lack of capital gains.

I still really, really would not want to live there though.

Let's get to 20,000 pages only using the word 'fuck'.

Isle of Man, an island between Northern England and Ireland. It's a crown dependency, not a part of the UK, so they have many laws that have no resemblance to UK laws including tax. The residents are British citizens but not EU citizens. About 80,000 people live there.

Hell yes. I've paid a Chinese click farm to map out ripostes for me right up until the end of the block reward. I like to think of them as my modest memorial.

I'd dick around if taxes were 40% or more. 20%? It's already been written off in my head. I'd only cash in if it reached a point where the amount of money was too silly to ignore by which point percentages won't really matter to me.

Wealth should be about freedom of choice. I'd rather choose to do and live however I wanted rather than ticking off days in my diary for when I have to leave a certain jurisdiction. Who knows? I may be dead in two years.

Look at Guy Hands. It looks like he rattles around an empty house on Guernsey while everyone who's dear to him is elsewhere just to keep his hands on money he'll never spend anyway.

And I spent a few days on the IoM recently. It was fun for a weekend. For years on end? Nope.

Yes. It's a market closed to foreign money so it always does it own thing. It's irrelevant to the rest of the world.

I had a fiddle with the Electrum phone wallet. It felt desperately clunky to me in comparison to Mycelium but maybe I'm just an old stick in the mud.

It would be very interesting to hear how much work it took from wallet developers who've already implemented it. Fees must surely be the number one concern of all users at present and ignoring the prime band aid for it doesn't make a lot of sense. Or rather any.

They're going to need rather a big budget and every special effects technician on the planet to pull it off. I'll look forward to their effort very much indeed. It's going to be quite the spectacle.

Why would anyone expect a very old multi billionaire who has hardly bothered to invest in any tech companies, several of which are now the largest and most profitable companies in the world, let anyone anything as batshit crazy as crypto?

He's a value investor and stocks are his thing. The closest traditional thing to crypto investment is forex which is something several thousand years old and he has nothing to do with either.

It's not the Segwit2x fork, it's a fork which has stolen the name and some of the ideas. It has none of the supporters or developers of the original fork. On the developer side at least it's probably  best they share nothing. Had they actually gone through with the original fork they would've blown up their network instantly.

Well, as these are effectively retailers they will always err on the side of raping you to stop you from calling up and complaining about your stuck transaction. More likely you're going to complain about being raped by the initial fee.

Coinbase and Bitpay at this point are verging on being bad actors in the Bitcoin space. Neither has bothered with Segwit or batching transactions and they're sticking extra fees on top that a direct transaction would not attract.

Some valid points and concerns but boy are they glued to the wrong horse.

I thought the idea would be that the threat of aliens would unite humanity and stop all this silly squabbling? Once that was put to bed we'd all go forward into a shining future of justice and equality.

I'm not really worried about anything, I'd just like to know whether anyone's detected any identifiable repercussions on the raw Bitcoin market from these futures so far.

Any type of lending other than to traders on exchanges for margin simply does not work.

It's a shit deal for both parties and that's before you're scammed by either the organiser of the loan or the recipient. Crypto and lending are an overwhelmingly toxic combo.