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

[alexeft]

VAT (known as sales tax in some countries) in the UK is 20% at the moment, if it's charged on exchange transactions that means a 20% price premium to those who are not VAT registered businesses.

Ok but, would one pay vat on the value they exchange, or just on the trading fees!!!

[alexeft]

http://www.pfhub.com/bitcoin-violates-numerous-laws-according-to-indonesia-central-bank-303/

Who cares!

[macsga]

On other news:

eBay UK to Allow Sale of Virtual Currency from 10th February
Emily Spaven (@emilyspaven) | Published on January 16, 2014 at 21:36 GMT | Companies, Merchants, News
ebay
eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February.

The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed.

eBay Classifieds, which lists posts throughout the site, serves as the site’s answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions.


http://www.coindesk.com/ebay-uk-virtual-currency-february/

[fotosonics]

On other news:

eBay UK to Allow Sale of Virtual Currency from 10th February
Emily Spaven (@emilyspaven) | Published on January 16, 2014 at 21:36 GMT | Companies, Merchants, News
ebay
eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February.

The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed.

eBay Classifieds, which lists posts throughout the site, serves as the site’s answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions.


http://www.coindesk.com/ebay-uk-virtual-currency-february/

I doubt this will do anything positive for the price given all the great news that's been happening with bitcoin and... well, look at it. Good news doesn't seem to have any effect.

[micalith]

On other news:

eBay UK to Allow Sale of Virtual Currency from 10th February
Emily Spaven (@emilyspaven) | Published on January 16, 2014 at 21:36 GMT | Companies, Merchants, News
ebay
eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February.

The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed.

eBay Classifieds, which lists posts throughout the site, serves as the site’s answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions.


http://www.coindesk.com/ebay-uk-virtual-currency-february/

I think that kills localbitcoins with their 1% fees

[bitcoinvest]

On other news:

eBay UK to Allow Sale of Virtual Currency from 10th February
Emily Spaven (@emilyspaven) | Published on January 16, 2014 at 21:36 GMT | Companies, Merchants, News
ebay
eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February.

The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed.

eBay Classifieds, which lists posts throughout the site, serves as the site’s answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions.


http://www.coindesk.com/ebay-uk-virtual-currency-february/

missing some days here i just got back and read it !!!!!!

That's what i call NEWS

+1

[versace]

wow this was a pretty shitty thing to wake up to

still, HODL

[dgarcia]

Some China news we haven't heard yet? Houbi moving.

They are not moving nearly nothing. If they realy start to move downwards, you better hide.

[prof7bit]

http://www.pfhub.com/bitcoin-violates-numerous-laws-according-to-indonesia-central-bank-303/

“The use of bitcoin as payment violates the law.”

"it has no regulations in place to prohibit the utilization of bitcoin." [...] "risk is the primary concern"

does not compute.

[macsga]

http://www.pfhub.com/bitcoin-violates-numerous-laws-according-to-indonesia-central-bank-303/

“The use of bitcoin as payment violates the law.”

"it has no regulations in place to prohibit the utilization of bitcoin." [...] "risk is the primary concern"

does not compute.

It does! They will be out of business with bitcoin!!! 

[virtualfaqs]

On other news:

eBay UK to Allow Sale of Virtual Currency from 10th February[/size]
Emily Spaven (@emilyspaven) | Published on January 16, 2014 at 21:36 GMT | Companies, Merchants, News
ebay
eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February.

The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed.

eBay Classifieds, which lists posts throughout the site, serves as the site’s answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions.


http://www.coindesk.com/ebay-uk-virtual-currency-february/

I think that kills localbitcoins with their 1% fees

Unless eBay has seller protection, no one's going to care.

[600watt]

http://www.ibtimes.co.uk/hmrc-re-classify-bitcoin-private-money-1432718

choo choo mothafuckA

You think this is good news ?

According to Richard Asquith, head of tax at investment advisers TMF Global, the reclassification of bitcoin to a private currency would mean owners would not be liable for capital gains tax, and although VAT would still apply, it would only be incurred when trading on an exchange, not when buying goods.

VAT (known as sales tax in some countries) in the UK is 20% at the moment, if it's charged on exchange transactions that means a 20% price premium to those who are not VAT registered businesses.

no capital gains tax is very good.

vat in germany is not an issue, since you also pay no vat when buying gold or dollars. but when you pay stuff with btc, you still have to pay the vat that is on the item. using btc will not prevent you from paying vat for the item itself. i doubt it very much thatthere will be vat on btc itself. there was much confusion about this topic in germany also, but it is all clear now: no extra vat on btc purchases. i bet this will be the same in the uk. don´t spread FUD.

[notme]

On other news:

eBay UK to Allow Sale of Virtual Currency from 10th February[/size]
Emily Spaven (@emilyspaven) | Published on January 16, 2014 at 21:36 GMT | Companies, Merchants, News
ebay
eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February.

The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed.

eBay Classifieds, which lists posts throughout the site, serves as the site’s answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions.


http://www.coindesk.com/ebay-uk-virtual-currency-february/

I think that kills localbitcoins with their 1% fees

Unless eBay has seller protection, no one's going to care.

This, plus eBay and paypal fees are way more than 1%.

[fotosonics]

wow this was a pretty shitty thing to wake up to

still, HODL

Until when?

[hdbuck]

sooo.. down we go?!

[macsga]

On other news:

eBay UK to Allow Sale of Virtual Currency from 10th February[/size]
Emily Spaven (@emilyspaven) | Published on January 16, 2014 at 21:36 GMT | Companies, Merchants, News
ebay
eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February.

The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed.

eBay Classifieds, which lists posts throughout the site, serves as the site’s answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions.


http://www.coindesk.com/ebay-uk-virtual-currency-february/

I think that kills localbitcoins with their 1% fees

Unless eBay has seller protection, no one's going to care.

Ebay would have never missed the chance to be in front seat with bitcoin. I mean any way you are looking at it, they're with it since the beginning. As for the fees. Read what the article says!

As with the FUD, I really hope you people here didn't sodl. Hodl!!!!!

[versace]

wow this was a pretty shitty thing to wake up to

still, HODL

Until when?

forever

[T.Stuart]

wow this was a pretty shitty thing to wake up to

still, HODL

HODLing with you!!  

You know what though? This is a serious anti-climax for the capitulation crowd. The selling is extremely measured - We haven't had a panic sell for weeks now. AND this is the time - as we move into two weeks until the dreaded 31 January Chinese New Year shutdown scenario - that the naysayers have been banking on.

Let's see... how long in your experience does it take to sell and withdraw funds from exchanges? One week in total? You'd be extremely lucky, if not unheard of. Two weeks? The best possible reasonable guess. Very often, if not usually, longer. So if the Chinese really were going to withdraw all their money, they would be doing it already!

This "capitulation" has got absolutely no conviction. And as the days countdown to 31 January and nothing happens, people wanting to buy in but waiting for the China crash are going to start getting twitchy!  

[aminorex]

wow this was a pretty shitty thing to wake up to

still, HODL

Until when?

forever

Until you need to byu smoehtnig.

[N12]

There is an overstock of coins right now.