Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[jojo69]

OMG. Apparently every time you move a BTC off Coinbase to your wallet, that counts as a sell event.

God Fucking Damnit !

right?

these dinosaur nation states are so far behind the technology it really is laughable, just keep it in crypto and wait them out, this empire is near it's sell by date

[1714184093]

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[1714184093]

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[1714184093]

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[1714184093]

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[julian071]

OMG. Apparently every time you move a BTC off Coinbase to your wallet, that counts as a sell event.

God Fucking Damnit !

right?

these dinosaur nation states are so far behind the technology it really is laughable, just keep it in crypto and wait them out, this empire is near it's sell by date

Just move to Amsterdam. No taxes on gains whatsoever, only 1.2% on the value of what you own at the end of the year. Buy me a beer when you do Bob.

[vortex1878]

I bought my first Bitcoin at $11,000 yesterday what should I am be doing? When global collapse and me be upperclass smart aristocrat now? Thanks!

Learn English. Then post. Thanks.

Edit: Fuck off, you paid BCH sockpuppet!

[InvoKing]

I bought my first Bitcoin at $11,000 yesterday what should I am be doing? When global collapse and me be upperclass smart aristocrat now? Thanks!

Learn English. Then post. Thanks.

This And also this

[infofront]

The law in the US is a bit fucked up, but basically bitcoin is treated like an equity, such as a stock, for tax purposes.

You don't pay taxes until you sell BTC for fiat currency, or trade it for hard assets, like lambos and mansions.

Does that include altcoins as well?

And what would happen if you bought stocks with Bitcoins?

That includes altcoins too. I'm not sure if stocks can be bought directly with bitcoins, but I suspect it would be taxable.

I've often seen accountant types reckon that trading a crypto for another crypto is realising a gain and thus taxable.

As it's not possible to trade a share for another share, you have to turn it into USD first, there's not much of a precedent elsewhere so I've never been too sure about this.

That's interesting. I would not have thought trading directly between cryptos would be a taxable event. That would be a real tax nightmare for many of us.

[Oinas]

Just move to Amsterdam. No taxes on gains whatsoever, only 1.2% on the value of what you own at the end of the year. Buy me a beer when you do Bob.

Could you share more info about this? Valid right away or need to live one year etc...?

[BTCMILLIONAIRE]

OMG. Apparently every time you move a BTC off Coinbase to your wallet, that counts as a sell event.

God Fucking Damnit !

right?

these dinosaur nation states are so far behind the technology it really is laughable, just keep it in crypto and wait them out, this empire is near it's sell by date

Just move to Amsterdam. No taxes on gains whatsoever, only 1.2% on the value of what you own at the end of the year. Buy me a beer when you do Bob.

Are you serious? I've been looking for something like that. Canada with its 12.5% for the highest gainers was already very appealing to me, but the ridiculously strict immigration laws and the (at least apparent) amount of SJWs has been putting me off. Some US states looked appealing as well with around 20% for long-term hodls, but all the bullshitting with net neutrality and whatnot doesn't make that country very appealing either (I love the drama, but only from a distance..).

What does immigration to the Netherlands look like and how easy is it to declare your net worth?

[vortex1878]

OMG. Apparently every time you move a BTC off Coinbase to your wallet, that counts as a sell event.

God Fucking Damnit !

right?

these dinosaur nation states are so far behind the technology it really is laughable, just keep it in crypto and wait them out, this empire is near it's sell by date

Just move to Amsterdam. No taxes on gains whatsoever, only 1.2% on the value of what you own at the end of the year. Buy me a beer when you do Bob.

Are you serious? I've been looking for something like that. Canada with its 12.5% for the highest gainers was already very appealing to me, but the ridiculously strict immigration laws and the (at least apparent) amount of SJWs has been putting me off. Some US states looked appealing as well with around 20% for long-term hodls, but all the bullshitting with net neutrality and whatnot doesn't make that country very appealing either (I love the drama, but only from a distance..).

What does immigration to the Netherlands look like and how easy is it to declare your net worth?

Just come to Thailand and relax.

[mancroofer]

OMG. Apparently every time you move a BTC off Coinbase to your wallet, that counts as a sell event.

God Fucking Damnit !

right?

these dinosaur nation states are so far behind the technology it really is laughable, just keep it in crypto and wait them out, this empire is near it's sell by date

How can this be classed as a sell event?

Surely you don't actually own the bitcoin until you transfer them to your own wallet in which you hold the private keys or its just like moving from a bank account to a savings account

[404Revolution]

I bought my first Bitcoin at $11,000 yesterday what should I am be doing? When global collapse and me be upperclass smart aristocrat now? Thanks!

Learn English. Then post. Thanks.

Edit: Fuck off, you paid BCH sockpuppet!

Actually I'm very much not a paid BCH sockpuppet although I do have a BCH address if you would like to pay me to post whatever I want whenever I get around to it.

The only side I suspect of hiring shills is blockstream coreporation because helplessly complex and futile solutions seems to be their forte. Its tough to say though because they have so many people fooled.

[gentlemand]

That's interesting. I would not have thought trading directly between cryptos would be a taxable event. That would be a real tax nightmare for many of us.

This is from UK focused stuff, so it may not apply to anywhere else. But the UK has done very little to clarify anything.

https://www.reddit.com/r/BitcoinUK/comments/7fllvv/filling_in_cgt_form/

This geezer has written at length about it https://www.reddit.com/user/krissaroth

[600watt]

I bought my first Bitcoin at $11,000 yesterday what should I am be doing? When global collapse and me be upperclass smart aristocrat now? Thanks!

I bought my first coins on a bubble that collapsed from $30 to $2 within 6 or seven months. and I did not have this forum.



edit

[gembitz]

$10,000 is not going anywhere    ~$100,000 closeeeee(summer 2018)

[julian071]

OMG. Apparently every time you move a BTC off Coinbase to your wallet, that counts as a sell event.

God Fucking Damnit !

right?

these dinosaur nation states are so far behind the technology it really is laughable, just keep it in crypto and wait them out, this empire is near it's sell by date

Just move to Amsterdam. No taxes on gains whatsoever, only 1.2% on the value of what you own at the end of the year. Buy me a beer when you do Bob.

Are you serious? I've been looking for something like that. Canada with its 12.5% for the highest gainers was already very appealing to me, but the ridiculously strict immigration laws and the (at least apparent) amount of SJWs has been putting me off. Some US states looked appealing as well with around 20% for long-term hodls, but all the bullshitting with net neutrality and whatnot doesn't make that country very appealing either (I love the drama, but only from a distance..).

What does immigration to the Netherlands look like and how easy is it to declare your net worth?

I am serious. However immigrating is not that easy, even though Holland is very welcoming. Most importantly, the country you move from will generally want to settle all outstanding stuff including e.g. pensions in one full swoop. How that would work out you would have to check locally.

As I understand, in Belgium you actually pay exactly 0%. Plus it has better food and wine.

However Holland is slightly more internationally orientated and better organised. Whether you like the culture more is a question of taste. The Belgians are more polite, the Dutch are more straight forward and open minded.

Edit: sorry, to answer your question, or rather not answer it, I don't know how the procedure works. Of course, bringing a lot of money with you makes things easier. Declaring your net worth seems a question of just doing so I presume.  

Edit2: looks easy: https://www.wikihow.com/Move-to-the-Netherlands

[BitcoinBunny]

I bought my first Bitcoin at $11,000 yesterday what should I am be doing? When global collapse and me be upperclass smart aristocrat now? Thanks!

You not good weekend say buy tomorrow. In the rope with the collar for hard work when the BTC fathom. Smartyparts downward dog aristocrat no good deed. Collapse in the middle good well. So ok?

 

[pera]

Belgium have some damn fine beer 

[HairyMaclairy]

My fiat finally arrived in Slovenian bear land.  And there’s nothing to do but sit and twiddle my thumbs. Maybe some action on the weekend. 

[BTCMILLIONAIRE]

OMG. Apparently every time you move a BTC off Coinbase to your wallet, that counts as a sell event.

God Fucking Damnit !

right?

these dinosaur nation states are so far behind the technology it really is laughable, just keep it in crypto and wait them out, this empire is near it's sell by date

Just move to Amsterdam. No taxes on gains whatsoever, only 1.2% on the value of what you own at the end of the year. Buy me a beer when you do Bob.

Are you serious? I've been looking for something like that. Canada with its 12.5% for the highest gainers was already very appealing to me, but the ridiculously strict immigration laws and the (at least apparent) amount of SJWs has been putting me off. Some US states looked appealing as well with around 20% for long-term hodls, but all the bullshitting with net neutrality and whatnot doesn't make that country very appealing either (I love the drama, but only from a distance..).

What does immigration to the Netherlands look like and how easy is it to declare your net worth?

Just come to Thailand and relax.

Are there zero taxes in Thailand or something?

I didn't really like it there enough to stay for a prolonged amount of time though... Way too hot.

[gentlemand]

I didn't really like it there enough to stay for a prolonged amount of time though... Way too hot.

All people seem to do in Thailand is sweat.

[Ibian]

I didn't really like it there enough to stay for a prolonged amount of time though... Way too hot.

All people seem to do in Thailand is sweat.

I made the terrible mistake of going there any time except in the winter. Do not do this.

Do go about now, however, it's quite nice.