kurious
Legendary
 Offline
Activity: 2590
Merit: 1643
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June 05, 2014, 07:24:40 PM |
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I did look into it - I was being paid at my British bank, but I was living in NYC.
I was not involved with the US tax system at all - as I was merely working for a UK company representing them in the USA, but paid back 'home' - which is why I looked into it. I was having to go back to the UK to not look like I was resident.
However the tax system got much more expensive if I went full on and got US residential status, as 'all' your income was taxable from wherever you earned it and in some cases, even if you had already been taxed upon it, IIRC.
Yep, it would get more complicated. Though likely you would have only been taxed in the US and not in the UK. That may or may not have been beneficial. Yep - it was complicated. Right now I feel I pay plenty of tax and one reason I put money in BTC was to do something with my spare cash. I figured a bunch of BTC would be under the radar, but that was a fair while back now and 'under the radar' is hardly how you would describe our favorite subject. I guess it shows how far we have come. I doubt my accountant will not have heard of Bitcoin by the time I have to work out how I declare it and ask him to help me out with what I need to pay up from it. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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June 05, 2014, 07:33:53 PM |
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UK based?
Bitcoins on BBC R4 now - decent programme / debate show.
Guests from: Blockchain / Bitpay / Bitylicious
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10212
Self-Custody is a right. Say no to"Non-custodial"
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June 05, 2014, 07:46:20 PM |
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$666 seems to still be a true resistance level. We keep making it just to about $666 and then falling back down. Often times, we cross it slightly before correcting back downward.
This constant discussion of $666 is pure nonsense and wasting valuable brain power... and attempts to achieve some kind of forced self-fulfilling view of the world. Likely, there are more meaningful ways to discuss BTC price dynamics, rather than repeating NONsense 666 numerology superstitions that are NOT even reflected in recent bitcoin prices with any kind of precision. In this regard, in essence for the past week or so, bitcoin prices on bitstamp have largely floated between $620 and $680, and in a fairly dynamic sense. There have been periodic episodes within this timeframe that bitcoin prices have been in the $660 arena - however, mostly, BTC prices, during this time frame, have NOT gravitated towards 666.. and even if they had been in the $660 arena, so fucking what? Who cares about this repeated theme of the $666 attraction? Surely I like to have fun and everything, but isn't this 666 matter a little overplayed, and it seems like several of us, including myself by responding to the trending 666 topic, are wasting our brain processing power, to the extent that it exists, to be caught up in nonsense numerology random superstitions. |
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freebit13
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June 05, 2014, 07:51:23 PM |
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today we had 3 major events
macd 1w crossing
ebay interview
ecb negative rates
and btc price still goes down ? i expected 700+ easy for today.
what else do we need...
The MACD did not cross  Not yet in the west, but it has in China... it seems like there is someone trying very hard to hold it back. |
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Gingermod
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June 05, 2014, 07:57:49 PM |
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today we had 3 major events
macd 1w crossing
ebay interview
ecb negative rates
and btc price still goes down ? i expected 700+ easy for today.
what else do we need...
The MACD did not cross Not yet in the west, but it has in China... it seems like there is someone trying very hard to hold it back. China isn't as significant as people would like to believe |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 05, 2014, 08:01:08 PM |
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Richy_T
Legendary
Offline
Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 05, 2014, 08:02:56 PM |
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Surely I like to have fun and everything, but isn't this 666 matter a little overplayed, and it seems like several of us, including myself by responding to the trending 666 topic, are wasting our brain processing power, to the extent that it exists, to be caught up in nonsense numerology random superstitions.
Well.... Kill the heretic!!! |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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June 05, 2014, 08:05:52 PM |
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$666 seems to still be a true resistance level. We keep making it just to about $666 and then falling back down. Often times, we cross it slightly before correcting back downward.
This constant discussion of $666 is pure nonsense and wasting valuable brain power... and attempts to achieve some kind of forced self-fulfilling view of the world. Likely, there are more meaningful ways to discuss BTC price dynamics, rather than repeating NONsense 666 numerology superstitions that are NOT even reflected in recent bitcoin prices with any kind of precision. In this regard, in essence for the past week or so, bitcoin prices on bitstamp have largely floated between $620 and $680, and in a fairly dynamic sense. There have been periodic episodes within this timeframe that bitcoin prices have been in the $660 arena - however, mostly, BTC prices, during this time frame, have NOT gravitated towards 666.. and even if they had been in the $660 arena, so fucking what? Who cares about this repeated theme of the $666 attraction? Surely I like to have fun and everything, but isn't this 666 matter a little overplayed, and it seems like several of us, including myself by responding to the trending 666 topic, are wasting our brain processing power, to the extent that it exists, to be caught up in nonsense numerology random superstitions. I actually sold some coins at $666.66 on BTC-e just for fun, so if enough traders are like me it does create a kind of self-fulfilling prophecy I guess. I was lucky enough to be able to buy those coins back around $60 dollars lower, but I only sold 2 coins so it was really just peanuts. I don't really like to trade during a bull market, way too dangerous and nerve wrecking in Bitcoin. |
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DolanDuck
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June 05, 2014, 08:05:55 PM |
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Someone just removed a huge sell wall at 665$, let's see if this will take the price to 670$ (1650 btc to break through it)
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JorgeStolfi
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June 05, 2014, 08:07:23 PM |
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China isn't as significant as people would like to believe
Of course it isn't. Like now, for example, the price is not moving only because the Wertern traders are holding back while the Chinese are sleeping. They do not want the spectators at the Chinese exchanges to miss any of the action. |
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YogoH
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June 05, 2014, 08:10:41 PM |
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Someone just removed a huge sell wall at 665$, let's see if this will take the price to 670$ (1650 btc to break through it)
Looks like we might touch 670 but I dont see enough momentum for higher. |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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June 05, 2014, 08:11:33 PM |
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Someone just removed a huge sell wall at 665$, let's see if this will take the price to 670$ (1650 btc to break through it)
This wall has moved from $670, to split between $670 and $675, to all on $660, to $665, and is currently gone. |
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bangersdad
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June 05, 2014, 08:14:18 PM |
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UK based?
Bitcoins on BBC R4 now - decent programme / debate show.
Guests from: Blockchain / Bitpay / Bitylicious
very good programme indeed. its given me a thirst to buy more coin right now. |
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Richy_T
Legendary
Offline
Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 05, 2014, 08:48:47 PM |
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Re: Negative interest rates in Europe announcement.
Wait, wasn't this what everyone was saying the fatal flaw of Bitcoin being deflationary was? That it would make more sense to hold on to your money than to lend it out?
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pgbit
Sr. Member
Offline
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
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June 05, 2014, 08:51:59 PM |
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UK based?
Bitcoins on BBC R4 now - decent programme / debate show.
Guests from: Blockchain / Bitpay / Bitylicious
very good programme indeed. its given me a thirst to buy more coin right now. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 05, 2014, 09:01:10 PM |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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June 05, 2014, 09:17:51 PM |
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China isn't as significant as people would like to believe
Of course it isn't. Like now, for example, the price is not moving only because the Wertern traders are holding back while the Chinese are sleeping. They do not want the spectators at the Chinese exchanges to miss any of the action. Now that's funny, doc. Are we allowed to assume that the Chinese, just like us Westerners, like to take a nap occasionally? Maybe sleep from, say around 11pm to around 7am? You know, one could say, they slumber during that time? And maybe we could see what happens on Bitstamp during those hours (-8h to map to tradingview time), based on some volatility measure... oh, if only such a thing existed. Something to measure the narrowness of the (price) trading bands... Oh, whatever, I'll cut the bullshit. Here, take a look:  Orange circles are major price moves initiating smack in the middle of "Chinese night". Must be them sleepwalking Chinamen, eh? |
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CoinHamster
Member
Offline
Activity: 101
Merit: 10
฿ ฿ ฿ ฿ ฿
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June 05, 2014, 09:30:46 PM |
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China isn't as significant as people would like to believe
Of course it isn't. Like now, for example, the price is not moving only because the Wertern traders are holding back while the Chinese are sleeping. They do not want the spectators at the Chinese exchanges to miss any of the action. Now that's funny, doc. Are we allowed to assume that the Chinese, just like us Westerners, like to take a nap occasionally? Maybe sleep from, say around 11pm to around 7am? You know, one could say, they slumber during that time? And maybe we could see what happens on Bitstamp during those hours (-8h to map to tradingview time), based on some volatility measure... oh, if only such a thing existed. Something to measure the narrowness of the (price) trading bands... Oh, whatever, I'll cut the bullshit. Here, take a look: Orange circles are major price moves initiating smack in the middle of "Chinese night". Must be them sleepwalking Chinamen, eh? ...and they have this strange habit since finishing all this banning at 14-05-19. (secretly trading when the government has closed the eyes) |
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