Bitcoin Forum
May 08, 2024, 04:40:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 [369] 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 ... 459 »
7361  Economy / Web Wallets / Re: Payeer BLOCKING my BTC on: December 17, 2017, 12:30:44 PM
You may need to receive the difference to then see the bitcoins credited. If the minimum is 0.01BTC but you received 0.001BTC, when you will receive a total of 0.009BTC the system will credit the previous transaction. Some exchanges work like that so check if there is something about this on the FAQ or contact them to ask how they deal with a situation like your.
7362  Other / Beginners & Help / Re: How do the taxes work on transactions? on: December 17, 2017, 12:16:25 PM
You are confusing transactions fees, trading fees, and taxes

When you trade you pay the trading fees (to the website), no matter if you trade dollar for bitcoin or bitcoin for altcoins. When you withdraw your coins from an exchange or your wallet you pay the transactions fees (for miners)

You pay the taxes on the profits you make, buying at $1,000 and sell at $5,000 you pay based on the $4,000 profit (5000-1000)
The laws may vary from country to country so it's better you ask to someone in your country or to taxes office
7363  Economy / Economics / Re: Long Island Woman Indicted For Funding ISIS With Bitcoin on: December 17, 2017, 12:01:43 PM
Pretty good example showing that bitcoin is not anonymous. I think it's just a isolated case and not showing that cryptos are used to fund terrorists. Or they are not smart because if you want to use cryptos for this kind of activity you don't use bitcoin, you use monero, zencash or others.
Look like she wasn't able to send bitcoins directly so used wire transfer lol
7364  Economy / Speculation / Re: bitcoin going up on: December 17, 2017, 11:20:37 AM
I have no idea what's going on with the price but it's really insane. I don't know what is making the situation if it's about CME or Bitcoin futures but I won't be so surprised if we have a correction for the next month or before. I am even to the point thinking that people may be right after all, bitcoin is a bubble
7365  Economy / Exchanges / Re: How to buy bitcoins with Payoneer MasterCard? on: December 17, 2017, 10:53:05 AM
Becarefull with Payoneer because the TOS prohibit any activity related to "digital currency", so include cryptos with it. You could get your account suspended for this, because it surely includes the mastercard. Better safe than sorry
7366  Economy / Trading Discussion / Re: Would like info on Cryptopia on: December 17, 2017, 10:45:22 AM
They are maybe overloaded with support tickets, it's a trend on crypto exchanges. kraken receive 10,000 tickets daily. Cryptopia is becoming more and more popular recently. Look in the "service" section in this forum, there is topic about Cryptopia where they are somewhat active to reply, maybe you should try there as well
7367  Bitcoin / Bitcoin Discussion / Re: France's position on Bitcoin (massive taxing on profits) on: December 17, 2017, 10:35:46 AM
This is not new, It's just that the govt. is making their position to be sure to be know from the bitcoiners. Because more people start to be interested in without thinking about taxes. But their position about this has been clear since a long time now.Actually, you paid taxes based on profits, you have to report as BNC or BIC. you can find it on taxes income sheet yearly.
But no way to be taxed up to 60%, it's not the ISF.

I know that they decided to use data mining and TRACFIN to watch out for people trying to cheat the taxes, which is a good thing to be honest
7368  Economy / Exchanges / Re: How to purchase cryptocurrency in US dollar? and Coinbase trouble on: December 16, 2017, 05:59:12 PM
Hey guys,

How do i buy other cryptocurrency like Ripple, Neo, etc in US dollar?
Coinbase only supports 3 currencies.
Also my bank charged me $3 plus another $3 for bitcoin purchase on Coinbase? I thought they have office in USA. What do i do?
I tried to get in touch with coinbase, their email system is down.

Any help would be appreciated.



Coinbase is not the best place to buy cryptos, they are more focused on wallets than exchange and it's a nightmare to get in touch with them. There are far better to buy cryptos such as kraken, bitstamp. you make a deposit usd then buy the crypto you're looking, or buy bitcoin to buy in another exchange where it's used.
7369  Economy / Exchanges / Re: Any alternatives to Kraken for EU citizen? on: December 16, 2017, 01:15:51 PM
Please read through our blog for some great news!

This is long overdue. I really hope all will be resolved because Kraken was really frustrating for a long time. Kraken needs to be more proactive in future to avoid degraded and unreliable service.
It will be nice if we get a free fees trading day or something similar :p
7370  Bitcoin / Bitcoin Discussion / Re: Banks cannot keep up with the changing times, but Bitcoin can. on: December 16, 2017, 01:03:04 PM
About 2 weeks ago, I had some problems with my internet service provider. I decided to end my contract with them and I signed up with a new service provider. I used their online registration and I also decided to pay by debit order. <because they do not accept Bitcoin yet> ^smile^

This is how this played out. The services provider required me to send them verification from the tx id from my bank account to verify that the payment went through my bank account. <it took 3 days for this tx to be displayed on my bank statement>

I supplied the information and then they acknowledged that they received the entry, but that the clearance to their Bank account would take 3 to 7 days. < It took 4 days >

So to sum up what I am saying. To enable a debit order payment, it took 7 days to process.

People are complaining about Bitcoin tx delays, but the Banks are far worst. If this service had a Bitcoin payment option, I would have had internet access 6 days earlier.

For the people who would say, USE your credit card, I would say NO f@#%$ way! These centralized services cannot be trusted to secure my credit card details. < I have been a victim of credit card fraud before>

Banks suck! <period>   

Banks can display instantly the transactions, they don't do it because there isn't a real need. Most of the neo-banks display the transactions instantly now, even when you use your card. The same minute you see it on your account
7371  Bitcoin / Bitcoin Discussion / Re: Like Visa, Mastercard, Amex, etc Bitcoin will not stand alone on: December 16, 2017, 12:13:01 PM
The first reason to see companies accepting bitcoin is only if there is a demand, otherwise, they have no use. Like, for example, is an e-commerce notice there are a lot of people looking to use PayPal the site will look closely to add it because it can increase their sales.

Now if you look at bitcoin the demand is not so big and most bitcoiners don't really want to pay $18 for the network fees. (The majority of people is just holding their bitcoins). This is where comes the altcoins which have more chances to be used
7372  Bitcoin / Bitcoin Discussion / Re: Is it worth getting paid in Bitcoin for freelance work? on: December 16, 2017, 11:56:34 AM
I’m a web developer/designer and wondered if it’s worth getting paid in bitcoin? I’m from the UK and not sure how it would work in terms of the end of year tax return.

This the problem with freelancers paid with Bitcoin. The only advantage is if you bet to see the price increasing so you get more for the same job. The problem comes when it's time to report the income on the taxes properly. With the lack of considerations for freelancers and their status it is less constraining to use the traditional methods
7373  Other / Beginners & Help / Re: does private keys really safe on: December 15, 2017, 04:23:26 PM
It's fake. There is no way to get all private keys. You have more chances to win the lottery than getting a single key. The website is surely trying to scam people. You're fine as long you don't expose your key in public (ie: posting on forums, etc)
7374  Economy / Economics / Re: Israeli PM: Bitcoin Could Replace Banks on: December 15, 2017, 03:00:34 PM
There are some things that he forgot to consider (lack of knowledge?) but we do it as well. While it may be true that in near future banks become obsolete, they can adapt to the evolution and start to accepting to use bitcoin (why not?) Banks have been good enough to adopt technologies and started to offer debits cards, and before that, cheques bank.

As well, they can adapt the blockchain technology to the traditional system as we know it, it can help the banks to reduce some costs. And this is what we have more chances to see. Perhaps each banks having their own crypto
7375  Economy / Exchanges / Re: Will kraken fix its goddam platform one day ? on: December 15, 2017, 02:09:03 PM
Dude, don't store anything in Kraken other than when you try  need to sell, or find an alternative. We have enough horror stories with exchanges as example to show how we can lose everything (MTGox-BTC-e)
Don't trust anyone else than yourself
7376  Economy / Trading Discussion / Re: fee transfer too high? on: December 15, 2017, 01:55:59 PM
Yep, Coinbase has fixed fees to pay the miners for the transaction, so you have no choice to avoid this. This a cost that you have to consider with your profits while trading. You can hold your bitcoins on the exchange and move them when you accumulated a large ammount, or you convert to some altcoins that have cheap transfer fees such as doge, ripple, and others. It's up to you with the goal you have.
7377  Bitcoin / Bitcoin Discussion / Re: Japanese company will start paying salaries in Bitcoin on: December 15, 2017, 01:19:13 PM
wow, sounds good,
i think this news will affect other company to pay the employee with bitcoin and make bitcoin price higher

I don't think it is something that will encourage companies to do the same. The problem is that bitcoin is now considered as an investment more than a currency. It's like to compare with a company that decides to pay the workers with gold. I think this case with Japan will stay one of the few isolated case
7378  Bitcoin / Bitcoin Discussion / Re: Which documentary is the best Bitcoin Documentary? on: December 11, 2017, 10:05:43 PM
"Banking on Bitcoin" is good to watch. I don't know if it's available on youtube but you can watch it on Netflix, it's where I watched it. You can get free 1 month on Netflix, use it if you don't find it on youtube

Quote
Banking on Bitcoin (2016)
Bitcoin is the most disruptive invention since the Internet, and now an ideological battle is underway between fringe utopists and mainstream capitalism. The film shows the players who are defining how this technology will shape our lives

http://www.imdb.com/title/tt5033790/


some others are:

The Rise and Rise of Bitcoin https://www.youtube.com/watch?v=0S4dSXTnfms

I am Satoshi https://www.youtube.com/watch?v=sX-9Cyk1nkM

Bitcoin: The End of Money As We Know It https://www.youtube.com/watch?time_continue=2&v=H3iTVY3QxFo
7379  Bitcoin / Project Development / Re: Accept bitcoin in non profit organization on: December 11, 2017, 03:21:46 PM
The organization can hold the bitcoins or convert to fiat automatically (or not) However, as a charity project I don't think they can afford to lose money (in case of a market crash or whatever) It's not easy to fund a charity so I am not sure if it's a good idea to "gamble with money".

They can use Bitpay to receive the donations it will get converted to fiat automatically, it may be the best solution for accounting.
7380  Bitcoin / Bitcoin Discussion / Re: A Warning to Cryptopia on: December 11, 2017, 02:38:25 PM
I have no idea what this guy is talking about. Yes the community donated to Andreas, then what? Can't we be thankful in 2017? What is the problem? This guy is doing an awesome job isn't?
So what about Cryptopia, they can't donate funds since when?

Pages: « 1 ... 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 [369] 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 ... 459 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!