Bitcoin Forum
May 07, 2024, 04:58:15 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 [69] 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 ... 342 »
1361  Economy / Economics / Re: What prevents companies from "losing" money in crypto? on: June 17, 2017, 12:16:38 PM
Every respectable online cryptocoin exchange has experienced at least one security breach and has had funds stolen in their existence  Grin
They can certainly fake getting fleeced out of their hard-earned investment money by hiring an inside man acting as the hacker. This has happened before on multiple occasions and it sure as heck can happen again.
1362  Economy / Reputation / Re: Lauda and hilariousandco -> Proven to Abuse Trust (Corrupt + Poisonous) on: June 17, 2017, 11:48:17 AM
You are 84 y.o.?  Shocked Shocked Shocked

1363  Bitcoin / Bitcoin Discussion / Re: Fast & Safe? on: June 17, 2017, 10:36:50 AM
What is the absolute fastest and SAFEST way to store coins that are currently in an exchange?

Ledger Nano S
1364  Economy / Gambling discussion / Re: Confederation cup russia 1017 on: June 17, 2017, 10:22:44 AM
What about betting on Russia to win the trophy being the host for the 2017 Confederation Cup?

Outright winner


 Germany 3.50
 Portugal 3.50
 Chile 3.75
 Mexico 10.00
 Russia 11.00
 Cameroon 26.00
 Australia 51.00
 New Zealand 501.00
1365  Economy / Gambling discussion / Re: The secret diary of a sports bettor 2017 edition on: June 16, 2017, 08:32:24 PM
Reviving the diary series with a new live-bet fresh from the Poland U21 - Slovakia U21 match -> https://sportsbet.io/betslip/MKqDgDcSRg4xJRGqz

Over 2.5 goals @ 1.80 odds. Not too shabby  Cheesy

Intuition:6
Luck:8
Sweat:6
1366  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Ether surpass Bitcoin?? on: June 16, 2017, 07:39:19 PM
I think it's prudent to own some ETH just in case. Whether it will surpass Bitcoin or not is not so important to me.
About the utility. Well there are some big guns signed up for the Enterprise Ethereum Alliance so ETH (probably) has the potential to evolve into something big in the near future. Sit tight, hold some ETH coins and wait for the big picture to unravel  Wink
1367  Economy / Exchanges / Re: I don't understand.. on: June 16, 2017, 07:14:43 PM
I got confused the more... God

Thanks anyway

You have a house. You have a key to your house. Your key to your house is owned by the exchange. The exchange gives you the key so you can enter your house. If the exchange disappears your key will disappear with them and you can no longer enter your house.

BUT

Some wallets (mostly offline ones) let you have your own keys owned by you alone and you can use these keys to enter your house any time you want. You can import these keys into other wallets which will let you into your house (coins).

Now apply this example to your coins Wink
1368  Economy / Scam Accusations / Re: Nitrogenbets.eu is a misserable site [1.75BTC*(1.5*1.5) = 3.9375 BTC ] on: June 16, 2017, 04:11:16 PM
As far as I know the chat moderators don't do payments but they can tell the payment department to expedite your withdrawals so if you really did piss that guy off he might have stalled your TX on purpose. Perhaps you could try to contact the NS forum rep here and explain to them what the issue is. It's a shitty situation but sometimes you just need to wait it out.

And another thing ->
Quote
I have been scammed by Betcoin.ag recently for 145 LTC and a months back for 3 Total BTC from user BetAdvisor? so what... remember reputation matters.

Did BetAdvisor really scam you for 3 BTC? How did that happen? If you don't mind me asking but I didn't know about this till now and got curious.



Edit. The NS rep beat me to it while I was writing  Cheesy
1369  Bitcoin / Bitcoin Discussion / Re: Bitcoin Wars on: June 15, 2017, 05:22:27 PM
Disney will be so pleased with this  Grin
1370  Economy / Gambling discussion / Re: Ice Hockey Bets - SEE YOU NEXT SEASON :) on: June 15, 2017, 01:47:50 PM
Hello guys and welcome to my Hockey thread. Ice Hockey has been a passion of mine for quite some time and I have to say it's probably my 2nd most watched sport after soccer so I decided to open my own thread where I will be posting tips about anything from NHL to European Hockey Leagues.
As the new season of NHL is starting soon I would like to share some pre-season game picks with you.
Let's have some fun and earn some cash in the process  Wink

See you tomorrow with my first play of the day  Cheesy




Betting on ice hockey is centred around game lines, which entails handicapping one team and deciding which side to back, or goals markets, with an over/under lineshifting depending on the participants.Ice hockey is probably hardest sport to predict on the planet. You might fall in love with this sport after one look  cracking pucks, sound shots and fantastic saves make ice hockey popular in Canada, North America and Europe.

Okaaaaaaaaaaaaaay mate I guess. Thanks for writing the gist of hockey betting. But wtf?!
1371  Economy / Scam Accusations / Re: FREEWallet.org SCAM ( Don't use any of their iOS or Android APP) on: June 15, 2017, 12:54:33 PM
Is everything back to normal now? I read the Reddit discussion and here are some of the rep responses:

Quote
With this technology all incoming transactions are received via addresses unique for each user. They are gathered in pool and then go either to payout aggregator or multi-signature cold storage.

Quote
Freewallet stores funds in a multi-signature cold storage with a bank level security grade. From time to time there are rebalancing procedures between different cold storages and hot wallets. There’s no need to worry, this is an ordinary planned procedure for cryptocurrency systems. All user assets are completely safe.

Quote
Ethereum blockchain was overloaded today with Bancor ICO transactions. A significant bunch of today's transactions are still being processed now; they will arrive soon. New Ethereum transactions are coming in and out normally.

Seems like a big misunderstanding.
1372  Other / Meta / Re: Happy Birthday theymos on: June 15, 2017, 05:39:37 AM
Oh it is? Happy Birthday then  Cheesy


1373  Economy / Gambling / Re: [Warning] Bitcoinscamfighters.com - Multiple bitcoin casino are offline! on: June 15, 2017, 05:24:38 AM
Do you offer legal action against temporarily unavailable websites?

Are you serious?
1374  Bitcoin / Bitcoin Discussion / Re: Just one damned question on: June 14, 2017, 07:10:45 PM
Probably not informed enough about the fee structure or deliberately setting the fees too low to save money. Either way after seeing that their TX's are stuck desperation sets in and people are inclined to spend ridiculous amounts of cash in TX recovering services to get their money back which I think is a normal reaction  Wink I mean wouldn't you do the same if you were in their shoes? Being cheap sometimes can cost you more!
1375  Economy / Gambling / Re: $500 Jackpot $2 per Ticket. 24 Hours. Escrowed. On Steemit.com on: June 14, 2017, 06:56:52 PM
Quote
I will tally the names of users that purchased tickets within 24 hours and randomly pick out a winner.

Please define your process of randomly picking a winner. Will you be livestreaming how you will be picking the winner on Random.org for example?
1376  Economy / Gambling discussion / Re: Hedging in Sports betting on: June 14, 2017, 04:57:45 PM
Definitely hedge that last leg. Better safe than sorry. You can either hedge pre-game or hedge it live if you see the things are starting to go south.
1377  Economy / Games and rounds / Re: ► Nitrogen Sports | NHL Expansion PICK'EM Draft | WIN HUGE FREE BETS ◄ on: June 14, 2017, 09:14:08 AM
Account: I will PM you with my Nitrogen Account ID.

Picks:

1. Jakob Silfverberg
2. Louis Domingue
3. Riley Nash
4. Nicolas Deslauriers
5. Matt Bartkowski
6. Cam Ward
7. Andrew Desjardins
8. Blake Comeau
9. Cam Atkinson
10. Antoine Roussel
11.  Andreas Athanasiou
12. Benoit Pouliot
13. Jason Demers
14. Brayden McNabb
15. Jared Spurgeon
16.  Nikita Nesterov
17. Mattias Ekholm
18. Beau Bennett
19. Anders Lee
20. Michael Hutchinson
1378  Economy / Services / Re: Greetings to all people who bet! on: June 14, 2017, 07:55:06 AM
Selling Fixed Matches to idiots on a poorly designed one page site  Grin What could go wrong?  Roll Eyes
1379  Bitcoin / Bitcoin Discussion / Re: Small fortune, now which country ? on: June 13, 2017, 07:57:54 PM
Singapore is the best choice if you want to live comfortable, tax free and very friendly to the immigrants, but of course you have to have money for life, good security and stability, and lots of entertainment there

What you mean by tax free?!
If you convert BTC or any other ctypto to FIAT you don't need to pay taxes there or what?!

I heard that switzerland has become a bitcoin friendly country.So you could settle there as its full of tourist spots.Or else,you could try an european country which provides tax exemption for bitcoins.

Which one would that be?!
Once you convert BTC or any crypto fo FIAT you need to pay the TAX

You seem to be obsessed with taxes

Or should I actually write TAXES? What taxes do you refer to exactly? In many jurisdictions, you may not need to pay taxes on selling bitcoins, especially if bitcoins are not regulated there (just in case, it doesn't mean that Bitcoin is illegal in that jurisdiction). If it is not regulated, you can safely assume it as being your property, and property may not be taxed if you possessed it for some time (say, 3 years). In practice, you move your coins to a reputable exchange, convert them to fiat (dollars or euro), and withdraw the proceeds to your bank account. And that's pretty much all there's to it

Regulated or not, you have to pay taxes after having sold Bitcoin for local currency. I have personally looked into this matter when I was going to sell coins and withdraw to my bank account and yes I have to include Bitcoin in my income tax form. I think Bitcoin is subject to Capital Gains Tax but I am not an expert on this. However I am 101% positive that you have to pay tax when selling for local currency

I can tell you with certainty that this is not a universal practice

In some jurisdictions profits earned on currency exchange operations are not taxable, and its official. Further, if Bitcoin is treated like property (or property rights), you may look for tax exemption. Again, in many jurisdictions if you held some property for longer than one year (in some parts of the world longer than three years on expensive items like houses or apartments), you don't have to pay a capital gains tax. Technically, you still have to pay it but you receive a tax deduction which equals the price at which you sold this property, so effectively you don't pay this tax

If you have been selling Bitcoin and haven't reported anything to the tax agency I would suggest consulting a tax attorney or something before landing yourself in hot water

I don't need that. My tax service officially declared that they have nothing to do with Bitcoin

Which jurisdictions are that? Bitcoin is not regulated here but I found out that it is taxable because they added an addendum to the tax law for Bitcoin particularly and that change wasn't officially declared either.
1380  Bitcoin / Bitcoin Discussion / Re: Small fortune, now which country ? on: June 13, 2017, 06:40:42 PM
Singapore is the best choice if you want to live comfortable, tax free and very friendly to the immigrants, but of course you have to have money for life, good security and stability, and lots of entertainment there

What you mean by tax free?!
If you convert BTC or any other ctypto to FIAT you don't need to pay taxes there or what?!

I heard that switzerland has become a bitcoin friendly country.So you could settle there as its full of tourist spots.Or else,you could try an european country which provides tax exemption for bitcoins.

Which one would that be?!
Once you convert BTC or any crypto fo FIAT you need to pay the TAX

You seem to be obsessed with taxes

Or should I actually write TAXES? What taxes do you refer to exactly? In many jurisdictions, you may not need to pay taxes on selling bitcoins, especially if bitcoins are not regulated there (just in case, it doesn't mean that Bitcoin is illegal in that jurisdiction). If it is not regulated, you can safely assume it as being your property, and property may not be taxed if you possessed it for some time (say, 3 years). In practice, you move your coins to a reputable exchange, convert them to fiat (dollars or euro), and withdraw the proceeds to your bank account. And that's pretty much all there's to it

Regulated or not, you have to pay taxes after having sold Bitcoin for local currency. I have personally looked into this matter when I was going to sell coins and withdraw to my bank account and yes I have to include Bitcoin in my income tax form. I think Bitcoin is subject to Capital Gains Tax but I am not an expert on this. However I am 101% positive that you have to pay tax when selling for local currency.
If you have been selling Bitcoin and haven't reported anything to the tax agency I would suggest consulting a tax attorney or something before landing yourself in hot water.

This might help: How are Bitcoins taxed     https://www.thebalance.com/g00/how-bitcoins-are-taxed-3192871
Pages: « 1 ... 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 [69] 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 ... 342 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!