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Norway
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March 26, 2015, 12:16:19 AM |
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Sounds like a great idea! Next meetup is 1st of may. Topic focus will probably be regulation in Norway and probably a little follow up on the f*cking VAT. Dry & boring, but it's impossible to make a startup in Norway without at least the VAT in place. And everybody gets drunk and talk about bitcoin. Come!
VAT is for pussies Impossible to run a good business without keeping it real. I think a guy from KPMG at the last meetup put it well: "If you don't have VAT on gift cards in shops, why should it be VAT on bitcoin?" The explanation I got so far was that if I sell outside of Norway I won't have to pay VAT on the coins. With regards to policy. Norway won't make any decision/change before there is a pan-european consensus on how these things should be regulated. We are too rich to bother. I am just happy BTC isn't illegal in Norway. You are probably right in all of your points, and I'm also happy BTC isn't illlegal in norway. What I have to work with, is this:  I agree. VAT is a big hindrance to BTC having much of an impact in Norway. It makes no sense. They are basically saying that Norway will stand on the sidelines and let the rest of the world pick the low-hanging fruit. The danes simply said: none of our business, do what you want. But that's not the norwegian way. Yes. I'm talking with a foreign company establishing in norway right now. They hope they don't have to pay VAT because their company is located abroad. I hope they don't have to pay VAT, because it would make it impossible for them to operate in Norway. But I think they have to... |
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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March 26, 2015, 12:25:44 AM |
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I wish someone would create a thread where we discuss Bitcoin price movement.
I wish bitcoin price would move so we could discuss it... |
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JimboToronto
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Activity: 4200
Merit: 4899
You're never too old to think young.
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March 26, 2015, 12:27:14 AM |
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I wish someone would create a thread where we discuss Bitcoin price movement.
Didn't Risto do that? |
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gentlemand
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Activity: 2590
Merit: 3015
Welt Am Draht
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March 26, 2015, 12:28:01 AM |
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I wish someone would create a thread where we discuss Bitcoin price movement.
Didn't Risto do that? It seems to have petered out quite radically. I guess people want those train and bear pics and paedo accusations more than they're willing to admit. |
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Fatman3001
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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March 26, 2015, 12:40:35 AM |
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Yes. I'm talking with a foreign company establishing in norway right now. They hope they don't have to pay VAT because their company is located abroad. I hope they don't have to pay VAT, because it would make it impossible for them to operate in Norway. But I think they have to...
If they are paid in BTC then there should be ways to avoid VAT on the coins themselves, but if they sell them somehow then it will be tricky. But it's probably worth writing a letter to the relevant authorities anyway. They will definitely not do anything if nobody cares enough to ask/complain about it. |
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ChartBuddy
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Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 26, 2015, 12:58:50 AM |
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nioc
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Activity: 1624
Merit: 1008
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March 26, 2015, 01:17:09 AM |
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Monkey has revised his estimate for the turn to tomorrow, and his support number is now 236. Intraday, should rise a bit over the next 3 hours.
Monkey want it to go up from now on, with resistance at 276, 378. If not, the next support is 182, 126. Don't most people here want it to go up from now on?  Cargo Cult TA© report. After the last sell signal @267 it has been getting close to a buy the last several hours. Although this doesn't mean it will become one I bought anyway @246. Part of the reason is that I haven't had much time. I had a short work day today, only 10 hrs  Let's see if I go 5 for 5  |
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ChartBuddy
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Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 26, 2015, 01:58:49 AM |
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abercrombie
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Activity: 1159
Merit: 1001
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March 26, 2015, 02:23:24 AM |
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Looks like another dark market might go down? http://www.reddit.com/r/Bitcoin/comments/304rhd/why_the_fck_are_we_dropping_faster_than_a_fat/"Evolution market just exit scammed, and now if you head over to /r/darknetmarkets you
can see that Agora, the second largest market (now largest), has just said they're going offline for
24-48 hours for a "security update." People are extremely nervous to say the least. If Agora runs off
too then that's basically the entire real economy of bitcoin going poof." Per the Whale Club, Agora is back up and running. |
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DaRude
Legendary
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Activity: 2909
Merit: 1919
In order to dump coins one must have coins
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March 26, 2015, 02:28:01 AM |
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Looks like another dark market might go down? http://www.reddit.com/r/Bitcoin/comments/304rhd/why_the_fck_are_we_dropping_faster_than_a_fat/"Evolution market just exit scammed, and now if you head over to /r/darknetmarkets you
can see that Agora, the second largest market (now largest), has just said they're going offline for
24-48 hours for a "security update." People are extremely nervous to say the least. If Agora runs off
too then that's basically the entire real economy of bitcoin going poof." Per the Whale Club, Agora is back up and running. They pretty much unchallenged now and got the monopoly. Would be just dumb to run at this point. |
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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March 26, 2015, 02:39:06 AM |
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Am I the only asshole who got caught in a long position >$260? I mean it's not a leveraged long and I do have a little cash left, but damn. It only takes $900,000/day net to support this price level. Assuming 1 million bitcoin bulls, that's less than a buck/day each.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 26, 2015, 02:44:59 AM |
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Am I the only asshole who got caught in a long position >$260? I mean it's not a leveraged long and I do have a little cash left, but damn. It only takes $900,000/day net to support this price level. Assuming 1 million bitcoin bulls, that's less than a buck/day each.
2 bucks a day and we can do >500 easy |
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zoinky
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March 26, 2015, 02:45:32 AM |
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Am I the only asshole who got caught in a long position >$260? I mean it's not a leveraged long and I do have a little cash left, but damn. It only takes $900,000/day net to support this price level. Assuming 1 million bitcoin bulls, that's less than a buck/day each.
The market can remain irrational longer than you can remain solvent. |
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ChartBuddy
Legendary
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Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 26, 2015, 02:58:55 AM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 26, 2015, 03:02:26 AM |
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Am I the only asshole who got caught in a long position >$260? I mean it's not a leveraged long and I do have a little cash left, but damn. It only takes $900,000/day net to support this price level. Assuming 1 million bitcoin bulls, that's less than a buck/day each.
2 bucks a day and we can do >500 easy its interesting to note that that daily volume is alot more then $900,000/day stamps alone pulls like 5 million a day in trades if it wasn't for all the profit taking and weak hands, idk man price would be different! |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 26, 2015, 03:15:00 AM |
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once all the shorts are in, we should be able to move again.
shorts still increasing, this could take all day... now >21K coins good stuff. shorts still going up, now at 21 600 i'd like to see 24K shorts tomorrow |
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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March 26, 2015, 03:57:00 AM |
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Looks like another dark market might go down? http://www.reddit.com/r/Bitcoin/comments/304rhd/why_the_fck_are_we_dropping_faster_than_a_fat/"Evolution market just exit scammed, and now if you head over to /r/darknetmarkets you
can see that Agora, the second largest market (now largest), has just said they're going offline for
24-48 hours for a "security update." People are extremely nervous to say the least. If Agora runs off
too then that's basically the entire real economy of bitcoin going poof." Per the Whale Club, Agora is back up and running. Yeah but the evo coins are still on the loose |
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ChartBuddy
Legendary
Offline
Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 26, 2015, 03:58:50 AM |
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12345mm
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March 26, 2015, 04:08:20 AM |
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hooo hummm ... it's weird how the market can *apparently* be totally ok with whatever price the whales push us to huh ? (and that their action seems to be the only action that matters in terms of price) ... nice and stable 290-300 for 2 weeks , make sure there's plenty of optimistic longs looking for 300+ , slam the market by $50 to fuck all of them over , price stabilizes back easily at 245 , but bull sentiment nice and destroyed , make sure there's plenty of pessimistic shorts looking for sub 200 ... look for next up jam of the price back vertical to fuck all of them over ... and back and forth and back and forth ... alllllll about maximum pain and screwing the leveraged longs / shorts out of their positions by force through margin calls , and of course causing so much volatility that people give up their coins at losses in the super choppy market ... assume the price to jackknife between low200-near300 until gemini , when we quickly go well past 300 for the foreseeable future ...
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