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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 508301 times)
Dafar
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November 29, 2013, 02:55:11 AM
 #621

Let the champagne bottle pop! We've earned it gentlemen.


Um excuse me? I only have 10btc... This ain't jack

When will I be the wealthy elite?? Sad

I think 2018. You have ten whole bitcoins!

That's kind of late... I still wana be in my 20s and single when i become a wealthy elite Cry
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WilcoLaad
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November 29, 2013, 02:59:00 AM
 #622

Seems like OP was pretty prescient at the time

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November 29, 2013, 03:00:04 AM
 #623

That's kind of late... I still wana be in my 20s and single when i become a wealthy elite Cry

That's a great recipe for being poor and full of crazy stories in your 30's...
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November 29, 2013, 03:21:52 AM
 #624

That's kind of late... I still wana be in my 20s and single when i become a wealthy elite Cry

That's a great recipe for being poor and full of crazy stories in your 30's...

Lol

https://www.bitcoin.org/bitcoin.pdf
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November 29, 2013, 03:32:42 AM
 #625

I would like to congratulate everyone who were the early adopters, investors, and accepters of Bitcoins. Despite the naysayers, you all were patient and held on to your Bitcoins, now you are reaping benefits that many thought were unimaginable. I am a late starter with Bitcoins, and just started accepting it as payment for my products and services (which I'll reveal in a later post), and I am very happy I made the decision. Maybe a movie should be made about the early adopters who became wealthy from Bitcoin, make it into one of those "underdog beats the odds" stories. Just a thought.

Congratulations to all the early adopters! Three cheers for sticking to your guns!  Cheesy  Grin  Cheesy

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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November 29, 2013, 04:14:37 AM
 #626

Dammit.. I'm *still* not a member of the wealthy elite... but I'm pretty sure I can see their coat-tails flapping in the wind just over on the next hilltop.

@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
tvbcof
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November 29, 2013, 04:29:33 AM
 #627

Talkin' bout I want me some dynastic wealth, bitch!

Ref:  http://money.msn.com/saving-money-tips/post--the-price-of-bitcoin-could-go-to-dollar1-million ...near the bottom.


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November 29, 2013, 06:40:38 AM
 #628



Looks like Bitcoin is about to stick a needle in the Gold Bubble.  Grin  Cheesy
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November 29, 2013, 07:20:53 AM
 #629

damn, i didn't realize gold topped out at around $1900. once we pass gold, that'll probably make the headlines even more.. this is such a wild ride.
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November 29, 2013, 07:32:11 AM
 #630



Looks like Bitcoin is about to stick a needle in the Gold Bubble.  Grin  Cheesy
These gold comparison numbers are arbitrary since gold is priced per ounce and BTC is priced per BTC

But the comparisons have psychological impact
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November 29, 2013, 06:11:54 PM
 #631

These gold comparison numbers are arbitrary since gold is priced per ounce and BTC is priced per BTC

But the comparisons have psychological impact
This is the correct way of comparing it, and from the looks of it we will overtake gold very soon.


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LiteCoinGuy
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November 29, 2013, 06:46:42 PM
 #632

the psychological impact is big, yes.

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November 29, 2013, 07:18:11 PM
 #633

This thread has come true for many many people (who have cashed out lol)

Remember - it aint real until its actually in your hands ....

And getting it there isn't super easy.

And Uncle Sam is going to rape you for 20-30% of it ...

Mo money Mo problems ...

Europe is big, so that depends on where you live.
In Sweden it's a flat 30% tax.

In Switzerland the capital gains are not taxed if you are a person (as opposed to a company).
Welcome Bitcoiners !
tvbcof
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November 29, 2013, 08:08:00 PM
 #634


In Switzerland the capital gains are not taxed if you are a person (as opposed to a company).
Welcome Bitcoiners !


And they give out free high quality smack and clean needles as I understand it.  Welcome junkies!


CoinCidental
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November 29, 2013, 08:13:20 PM
 #635


In Switzerland the capital gains are not taxed if you are a person (as opposed to a company).
Welcome Bitcoiners !


And they give out free high quality smack and clean needles as I understand it.  Welcome junkies!



i thought it was holland who give junkies free smack and clean needles but anyways it wouldnt stop me moving there
if i saved a couple of  million in taxes cashing my BTC  Cheesy
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November 29, 2013, 08:17:13 PM
 #636


In Switzerland the capital gains are not taxed if you are a person (as opposed to a company).
Welcome Bitcoiners !


And they give out free high quality smack and clean needles as I understand it.  Welcome junkies!



i thought it was holland who give junkies free smack and clean needles but anyways it wouldnt stop me moving there
if i saved a couple of  million in taxes cashing my BTC  Cheesy


On the contrary, it's a great policy IMHO (whoever does it.)  Junkies are not running around trying to steal to get money for their habit so the normal people at least don't have that to worry about.  The most interesting thing is that the percentage of people who become junkies is remarkably similar to that of under other regimes which makes our 'war on drugs' here in the U.S. even more ridiculous and phony.


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November 29, 2013, 08:18:34 PM
 #637


In Switzerland the capital gains are not taxed if you are a person (as opposed to a company).
Welcome Bitcoiners !


And they give out free high quality smack and clean needles as I understand it.  Welcome junkies!


Who cares about that part. Let's move to Switzerland.  Cheesy


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JekyllIsland
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November 29, 2013, 09:18:24 PM
 #638

Jesus don't pay taxes.  This defeats the purpose of bitcoin!

Bitcoin is a currency and an investment.  In order to use it, you have to pay taxes.  As your Jesus said "Render unto Ceaser..."

You have to pay taxes for cashing it out, not using it.

That would depend on where and how you "cashed it out".  It seems to me like one of the primary purposes and advantages of bitcoin is to stop governments from stealing private property by pointing a gun to your head.

If you want to use your Bitcoin to buy houses or cars or whatever, then its much cheaper to pay your taxes and enjoy the proceeds.



That may be true domestically but...

Quote
Q3. Does foreign real estate need to be reported on Form 8938?

Foreign real estate is not a specified foreign financial asset required to be reported on Form 8938.  For example, a personal residence or a rental property does not have to be reported.
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November 29, 2013, 09:20:41 PM
 #639

~10% daily growth!


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Arriemoller
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November 29, 2013, 11:45:15 PM
 #640


In Switzerland the capital gains are not taxed if you are a person (as opposed to a company).
Welcome Bitcoiners !


And they give out free high quality smack and clean needles as I understand it.  Welcome junkies!



And they give you a free "assault" rifle (Stgw 90 if I am not wrong) and ammunition (If you do military service).
In Sweden you have to join the home guard to get that.

Demokrati: Två vargar och ett lamm röstar om lunchmenyn.      Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen.  Freedom: A well armed lamb opposes the outcome.
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