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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26404905 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
phoenix1
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December 19, 2014, 03:14:45 PM

https://www.cryptocoinsnews.com/bitcoin-not-currency-says-australian-tax-office/

Quote
The role of the GST or the Goods and Services Tax will now come into sharp focus. Under this law, the use of bitcoin will apply twice to some Bitcoin transactions, both to the goods and or services being supplied, and to the use of bitcoins as a method of payment. Bitcoin exchanges and markets will have to charge GST on the full value of the bitcoins they supply to residents of Australia, and not just on commissions

Ooops

That's why we send them down there ... not very smart those Ozzies. Quite good at sport tho ... I guess it's all that time spent not reading books



I assume it applies to all crypto, in which case Ripple will be illegal in Australia.

No idea, but it's definitely got today's date on it  Grin
jonoiv
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December 19, 2014, 03:19:45 PM

https://www.cryptocoinsnews.com/bitcoin-not-currency-says-australian-tax-office/

Quote
The role of the GST or the Goods and Services Tax will now come into sharp focus. Under this law, the use of bitcoin will apply twice to some Bitcoin transactions, both to the goods and or services being supplied, and to the use of bitcoins as a method of payment. Bitcoin exchanges and markets will have to charge GST on the full value of the bitcoins they supply to residents of Australia, and not just on commissions

Ooops

That's why we send them down there ... not very smart those Ozzies. Quite good at sport tho ... I guess it's all that time spent not reading books



I assume it applies to all crypto, in which case Ripple will be illegal in Australia.

No idea, but it's definitely got today's date on it  Grin

Cheesy Grin 

Genuinely made me laugh of loud!
empowering
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December 19, 2014, 03:23:11 PM

https://www.cryptocoinsnews.com/bitcoin-not-currency-says-australian-tax-office/

Quote
The role of the GST or the Goods and Services Tax will now come into sharp focus. Under this law, the use of bitcoin will apply twice to some Bitcoin transactions, both to the goods and or services being supplied, and to the use of bitcoins as a method of payment. Bitcoin exchanges and markets will have to charge GST on the full value of the bitcoins they supply to residents of Australia, and not just on commissions

Ooops

That's why we send them down there ... not very smart those Ozzies. Quite good at sport tho ... I guess it's all that time spent not reading books



I assume it applies to all crypto, in which case Ripple will be illegal in Australia.

No idea, but it's definitely got today's date on it  Grin

Ha good one. Smiley

How dreary and shortsighted of them.

Way to remain irrelevant.

kenji
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December 19, 2014, 03:24:25 PM

do you guys expect a price to sub $200? Huh
nakaone
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December 19, 2014, 03:25:38 PM

the most interesting thing that happened in the last days is that the gap between btc-e and the other exchanges closed.

lol even leading at this point of time.
Bittings
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December 19, 2014, 03:27:07 PM

do you guys expect a price to sub $200? Huh

Hör auf so ein Troll Dude.
JimboToronto
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December 19, 2014, 03:31:34 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy
kenji
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December 19, 2014, 03:33:50 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy


why do you think it is not possible?
bromide
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December 19, 2014, 03:34:56 PM

I remember when $600 seemed just a bad dream.
jonoiv
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December 19, 2014, 03:37:55 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy


why do you think it is not possible?

Because you haven't got a delorean and a flux capacitor. 
pjviitas
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December 19, 2014, 03:39:23 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy


why do you think it is not possible?

It is possible because at the end of the day BTC is like anything else...its only worth what people are willing to pay for it.

Personally, BTC is worth about 10 cents to me.  When It gets sub dollar I will be interested in buying again.
jonoiv
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December 19, 2014, 03:42:44 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy


why do you think it is not possible?

It is possible because at the end of the day BTC is like anything else...its only worth what people are willing to pay for it.

Personally, BTC is worth about 10 cents to me.  When It gets sub dollar I will be interested in buying again.

You want a game of Hangman?

_ _ _ _ _ _

I will give you a clue it's an anagram of "Region"
kenji
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December 19, 2014, 03:44:16 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy


why do you think it is not possible?

It is possible because at the end of the day BTC is like anything else...its only worth what people are willing to pay for it.

Personally, BTC is worth about 10 cents to me.  When It gets sub dollar I will be interested in buying again.

naa i think thats dreaming Cheesy
kenji
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December 19, 2014, 03:47:23 PM

i think btc wont go to sub $100 but i think sub $200 is very likely
JimboToronto
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December 19, 2014, 03:47:40 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy


why do you think it is not possible?

Anything is possible.

$0 is possible. $100,000 is possible.

$200 is just highly unlikely.

Historically it has never dropped below the peak of the previous bubble.
galdur
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December 19, 2014, 03:50:14 PM

Get libertarian nutcases to stop hyping bitcoin for six months

and watch it rise 100%.

kenji
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December 19, 2014, 03:51:49 PM

my btc orders are at $150 Cool
God27
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The 4th industrial revolution!


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December 19, 2014, 03:52:56 PM

https://www.cryptocoinsnews.com/bitcoin-not-currency-says-australian-tax-office/

Quote
The role of the GST or the Goods and Services Tax will now come into sharp focus. Under this law, the use of bitcoin will apply twice to some Bitcoin transactions, both to the goods and or services being supplied, and to the use of bitcoins as a method of payment. Bitcoin exchanges and markets will have to charge GST on the full value of the bitcoins they supply to residents of Australia, and not just on commissions

Ooops

That's why we send them down there ... not very smart those Ozzies. Quite good at sport tho ... I guess it's all that time spent not reading books



I assume it applies to all crypto, in which case Ripple will be illegal in Australia.

Yes, but Ripple Labs is trying to do something about this.

Please see the thread below.
https://bitcointalk.org/index.php?topic=880666.0
kenji
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December 19, 2014, 03:55:46 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy


why do you think it is not possible?

Anything is possible.

$0 is possible. $100,000 is possible.

$200 is just highly unlikely.

Historically it has never dropped below the peak of the previous bubble.

please explain it why do think thats "higly unlikely"

we will see sub 200s prices quote me on that
ssmc2
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December 19, 2014, 03:57:10 PM

do you guys expect a price to sub $200? Huh

LOL

Keep dreaming.

 Cheesy


why do you think it is not possible?

Anything is possible.

$0 is possible. $100,000 is possible.

$200 is just highly unlikely.

Historically it has never dropped below the peak of the previous bubble.

please explain it why do think thats "higly unlikely"

He just did.
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