realr0ach
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#TheGoyimKnow
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August 24, 2019, 05:13:12 AM Last edit: August 24, 2019, 05:50:49 AM by realr0ach |
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I think Carney really just wants to make Bitcoin the Global Reserve, he just brought up "Libra-like" as a Trojan Horse. His Corn bags are full of course. Get this dumb idea out of your head pretending the govt is going to adopt Bitcoin as the 'world reserve currency'. Govt's operate currency under the MO of seigniorage fee. Meaning it costs 12 cents to make a $100 bill and they try to 'sell' the worthless bill to you for $99.88 profit. They will do THE EXACT SAME THING in any digital shitcoin paradigm - create their own shitcoin out of thin air and try to force it onto you instead of going anywhere near Bitcoin because Bitcoin doesn't allow them to extract seignorage fee. This is also why it's FAR FAR more likely if people reject all govt fiat that they would go to physical metals as money over Bitcoin since the govt controls the land's resources and can mint up some silver and gold coins then slap a face value on them 50x higher than their cost of production to try and extract seigniorage fee that way.
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GeoRW
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Trust No One
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August 24, 2019, 06:16:45 AM |
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Countries without tax on crypto Malta Portugal Belarus Panama Puerto Rico Singapore (individuals don't pay tax on profits from the crypto trading) Slovenia (if you have less than 100 tradable days per year) Germany (if you hold at least 1 year) Liberland (very pro-bitcoin micro state) Austria (if you hold at least 1 year) Denmark is still taxless. It won't STAY that way, getting out while I can. As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income. How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so. KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman. The taxman is not interested in our crypto holdings, because they are not taxable. That is why we do not need to declare anything. The legal concept is that we buy gold or crypto with already income taxed fiat. But once you sell it for fiat, they are interested to tax your profit. At least in my country.
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Negotiation
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August 24, 2019, 06:21:45 AM |
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Things are becoming more and more chaotic. My preference would be for flat equities and for bitcoin to appreciate against this background. It does not look this way at the moment. Dow is actually below its Jan 22, 2018 value, some bull market we have. Oh, well.
I am still of the opinion that bitcoin needs at least a flat market to grow. If stocks would get seriously smashed, btc would decline as well, at least initially.
Carney's libra-like ideas are meaningless without multiple major countries backing it and I don't see anyone even acknowledging it (so far).
You are surely coming off as a weak hand, Biodom.... like you are easily scared into doing something crazy, like selling on the way down (or worse at the bottom)... Same thing with me 1 year beforehand time has passed When the money is low and there are many problems around(Example: political problem, family problem, official problem etc.) the only thought is how to get profitable. Don't worry @Biodom expectation one day we are glad more than 2018 price.
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VB1001
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<<CypherPunkCat>>
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August 24, 2019, 06:31:49 AM |
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vroom
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a Cray can run an endless loop in under 4 hours
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August 24, 2019, 06:53:00 AM |
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some news from captain obvious: The reason for that, argue Valerie Khan, VP of the Digital Equity Association, and Geoffrey Goodell, senior research associate at University College London's Centre for Blockchain Technologies, is that Facebook is interested not in finance but identity. source: https://www.theregister.co.uk/2019/08/22/facebook_libra_cryptocurrency/
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VB1001
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<<CypherPunkCat>>
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August 24, 2019, 07:00:52 AM |
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via Imgflip GIF MakerThe whales are dancing?
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El duderino_
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BTC + Crossfit, living life.
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August 24, 2019, 07:02:57 AM |
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The list of reasons to hold bitcoin keeps growing:
Imagine five years ago if in one solitary week the president of the United States of America - Referred to himself as 'the chosen one' 'Hereby' ordered all American companies to leave China just like that. Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen. Truly, we are living in v strange times. But Obama ordered a hamburger with Dijon mustard https://youtu.be/cAvq12Sa3VESo that makes it even And in Pulp fiction... Samuel L Jackson gets crazy, we Belgium guys eating French fries with mayonaise Are you Flemish or Walloon? GL i’m Flemish
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El duderino_
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BTC + Crossfit, living life.
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August 24, 2019, 07:10:43 AM |
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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August 24, 2019, 07:18:35 AM |
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El duderino_
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BTC + Crossfit, living life.
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August 24, 2019, 07:23:02 AM |
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Morning HM
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HairyMaclairy
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August 24, 2019, 07:23:57 AM |
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Morning Mic, trust you are not hungover?
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fillippone
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August 24, 2019, 07:48:09 AM Last edit: May 16, 2023, 07:19:55 AM by fillippone |
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Hello WO! Observing BTC@10,5888 Observing BTC while trekking remote regions: Spotty internet service cannot keep me away from WO! Surely not as glamorous location as Mic’s, way colder and way more difficult to get to! Hey WO Finally exiting from land of nowhere: This is my 4 digits tent: Leaving it, and hopefully never see it again! As I hope to never see another group of nocoiner I met and were disruptive on me:
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LFC_Bitcoin
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#1 VIP Crypto Casino
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August 24, 2019, 08:05:03 AM |
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Morning guys, @fillipone - I went camping about 2 years ago, I used one of those pop up tents, I couldn’t fold it back down so I just left it there
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fillippone
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August 24, 2019, 08:16:30 AM |
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Morning guys, @fillipone - I went camping about 2 years ago, I used one of those pop up tents, I couldn’t fold it back down so I just left it there This is not a pop up tent: it’s a proper poles tent. A pop up tent couldn’t have survived the amount of rain poured the nights... and yes, folding back usually is double the time to mount it!
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SuperTA
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August 24, 2019, 08:17:39 AM |
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I believe so, we just need to be patient.
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HairyMaclairy
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August 24, 2019, 08:25:34 AM |
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Weeeeee
Is this going to be the final, savage dip before the beautiful new bull?
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El duderino_
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BTC + Crossfit, living life.
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August 24, 2019, 08:52:06 AM |
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Morning Mic, trust you are not hungover?
No my man, I will be tomorrow and maybe Monday Tomorrow cause of Saturday usual evenings... Monday cause of Sunday BBQ with some NO-coiners ....
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