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Author Topic: [ANN][HLM] HELIUM  (Read 188703 times)
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minerjones
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October 17, 2017, 03:51:58 PM
 #1441

Interesting.... I thought that taxes would only count when cashing out as a "capital gains tax"
I think that if someone gives you a physical gold bar "for free", in some cases you should pay taxes for that, even if you not sell it for money. Same for cryptocurrency "airdrops".

That is insane... that would mean anything that I have ever been given "for free" in life I would have to pay taxes on.....
This is the exact reason why we need cryptocurrencies.....  greedy governments want their cut of something that is not theirs.... THIEVES!!!

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October 17, 2017, 03:54:05 PM
 #1442

I would hope closer to the $3 mark, as anything less would mean that everyone who had tokens swapped just lost an ass-load of money

Remember the initial value that hits your wallet counts as a taxable event.  Personally I'd rather it start at $.50 and then climb to $100 over the next year, so that long term capital gains tax can be used. Smiley

M

Interesting.... I thought that taxes would only count when cashing out as a "capital gains tax"
As long as it stays crypto then no tax??
Please inform me..... it has been a while since I have checked into the whole crypto tax mess

It has value, so when you "receive" the coins, the US value is considered a taxable income event.

When you use it, that's when capital gains rules apply.  Doesn't matter if you cash to USD or use it otherwise.

The messy part, as far as I can tell, is how to determine "which" coins were used if you obtained them at different values.  Seems to me they made it purposely difficult. Sad  

That's my understanding at least.  I'm not a tax expert and I have to give the usual caveat: do your own research and get professional tax advice if necessary.

M

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October 17, 2017, 03:58:27 PM
 #1443

Interesting.... I thought that taxes would only count when cashing out as a "capital gains tax"
I think that if someone gives you a physical gold bar "for free", in some cases you should pay taxes for that, even if you not sell it for money. Same for cryptocurrency "airdrops".

That is insane... that would mean anything that I have ever been given "for free" in life I would have to pay taxes on.....
This is the exact reason why we need cryptocurrencies.....  greedy governments want their cut of something that is not theirs.... THIEVES!!!

Insane, yes.  The government wants you pay taxes on every source of income.

Remember we're supposed to be in control of our government.  If you don't like what they are doing, make sure your "representatives" are aware of your displeasure and that you vote for those people who really decrease taxes, not just those who say they do.

That said, also remember there's no such thing as a "free lunch".  Everything the government doles out is stolen from others.  If you are a large recipient of those handouts, don't complain about the taxes unless you want the "free" stuff to disappear.

For the rest of us "Peters" who are robbed to pay the "Pauls", however, sorry Paul, your days of free lunches are coming to an end.

M

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minerjones
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October 17, 2017, 04:02:31 PM
 #1444

Interesting.... I thought that taxes would only count when cashing out as a "capital gains tax"
I think that if someone gives you a physical gold bar "for free", in some cases you should pay taxes for that, even if you not sell it for money. Same for cryptocurrency "airdrops".

That is insane... that would mean anything that I have ever been given "for free" in life I would have to pay taxes on.....
This is the exact reason why we need cryptocurrencies.....  greedy governments want their cut of something that is not theirs.... THIEVES!!!

Insane, yes.  The government wants you pay taxes on every source of income.

Remember we're supposed to be in control of our government.  If you don't like what they are doing, make sure your "representatives" are aware of your displeasure and that you vote for those people who really decrease taxes, not just those who say they do.

That said, also remember there's no such thing as a "free lunch".  Everything the government doles out is stolen from others.  If you are a large recipient of those handouts, don't complain about the taxes unless you want the "free" stuff to disappear.

For the rest of us "Peters" who are robbed to pay the "Pauls", however, sorry Paul, your days of free lunches are coming to an end.

M

Love it!!! Cheesy

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BurntSnow
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October 17, 2017, 04:56:39 PM
 #1445

Projects like this one shows the future of the cryptocurrency world. It's obvious that this project will use in our daily life. I have hopes for this project and it gonna be one of the most useful development for cyrptocurrency lovers.


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Lucasgabd
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October 17, 2017, 09:45:32 PM
 #1446

are there news already on when markets will open on cryptopia?
maybe even better to wait after the 25th, if possible. so there's no major dump for the fork.

thesavoyard
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October 17, 2017, 10:41:28 PM
 #1447

I hope it gets listed at Bittrex, you need at least one major exchange to generate buzz.

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October 17, 2017, 10:57:18 PM
 #1448

Just waiting for  heliumpay market to open . It would really be interesting to know how much is the value of the token.
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October 18, 2017, 06:00:51 AM
 #1449

I hope it gets listed at Bittrex, you need at least one major exchange to generate buzz.
Exchange that generates buzz itself by locking accounts and requesting your selfie Grin

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DeepOnion
Anonymous and Untraceable
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





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October 18, 2017, 07:18:05 AM
 #1450

When mining start? I think this coin in this moment with large distribution on d3 miner have a large opportunity for a good success Wink
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October 18, 2017, 08:53:31 AM
 #1451

how do I get helium.
I had a spred on my wallet
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October 18, 2017, 09:26:24 AM
 #1452

I hope it gets listed at Bittrex, you need at least one major exchange to generate buzz.
Exchange that generates buzz itself by locking accounts and requesting your selfie Grin
As more countries start to regulate cryptocurrency trading, expect to need to send more selfies and info to use exchanges.

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PhaseshiftUK
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October 18, 2017, 09:42:19 AM
 #1453

Interesting.... I thought that taxes would only count when cashing out as a "capital gains tax"
I think that if someone gives you a physical gold bar "for free", in some cases you should pay taxes for that, even if you not sell it for money. Same for cryptocurrency "airdrops".

That is insane... that would mean anything that I have ever been given "for free" in life I would have to pay taxes on.....
This is the exact reason why we need cryptocurrencies.....  greedy governments want their cut of something that is not theirs.... THIEVES!!!

Insane, yes.  The government wants you pay taxes on every source of income.

Remember we're supposed to be in control of our government.  If you don't like what they are doing, make sure your "representatives" are aware of your displeasure and that you vote for those people who really decrease taxes, not just those who say they do.

That said, also remember there's no such thing as a "free lunch".  Everything the government doles out is stolen from others.  If you are a large recipient of those handouts, don't complain about the taxes unless you want the "free" stuff to disappear.

For the rest of us "Peters" who are robbed to pay the "Pauls", however, sorry Paul, your days of free lunches are coming to an end.

You say "Everything the government doles out is stolen from others".  I think that is a selfish way to look at it.

I live in the UK, and am quite happy to pay my taxes in order to fund out National Health Service, benefits for those less fortunate than myself (yes, some people do take the p*ss, but the vast majority need this assistance), investment in infrastructure (even if I may disagree on some of the choices the Government make), etc.

At the end of this tax year I will be declaring my cryptocurrency investments and gains (hopefully!).  That's not to say that I will not be taking advantage of my tax allowances where it makes sense, since our allowed gains are low (https://www.gov.uk/government/publications/rates-and-allowances-capital-gains-tax/capital-gains-tax-rates-and-annual-tax-free-allowances) and I no longer have income - in the sense of being paid to work - to use my tax allowance from (https://www.gov.uk/income-tax-rates).  I will still be paying, quite happily, tax on most of what I have made.

Expect Governments to monitor transactions on major coins more and more if they think people are dodging taxes that way.  See https://www.technocracy.news/index.php/2017/08/28/bitcoin-loses-anonymity-irs-tracks-bitcoiners-new-blockchain-analysis-tools/ and http://bitcoinist.com/irs-catch-bitcoin-tax-cheats/ for example.  Trying to dodge taxes via this method is going to get harder and make it more likely that you will face investigation, fines and perhaps jail-time for significant amounts.

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Blackforce
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October 18, 2017, 09:49:18 AM
 #1454

Does anyone know the launch date? I’m curious what price will have
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October 18, 2017, 10:00:40 AM
 #1455

I would hope closer to the $3 mark, as anything less would mean that everyone who had tokens swapped just lost an ass-load of money

Remember the initial value that hits your wallet counts as a taxable event.  Personally I'd rather it start at $.50 and then climb to $100 over the next year, so that long term capital gains tax can be used. Smiley

Interesting.... I thought that taxes would only count when cashing out as a "capital gains tax"
As long as it stays crypto then no tax??
Please inform me..... it has been a while since I have checked into the whole crypto tax mess

This is not the best place to get tax advice.  Tax and laws vary by country (and in certain places, by state).  Find an accountant with up to date knowledge of taxing of cryptocurrencies in your jurisdiction and talk to them.  Keep good records (not just relying on what you can see in the wallet, just in case you ever lose access).  Look at the most recent legislation and rulings about Cryptocurrency, both where you are, and (to get a feel for the direction it is heading) around the world.

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PhaseshiftUK
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October 18, 2017, 10:02:43 AM
 #1456

Does anyone know the launch date? I’m curious what price will have

No, or at least it has not been revealed yet.  I suggest joining the Slack channel and watching #announcements.

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detectiveduck
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October 18, 2017, 11:02:54 AM
 #1457

Does anyone know the launch date? I’m curious what price will have

No, or at least it has not been revealed yet.  I suggest joining the Slack channel and watching #announcements.

Thanks. I'm curious too...
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October 18, 2017, 12:02:00 PM
 #1458

Interesting.... I thought that taxes would only count when cashing out as a "capital gains tax"
I think that if someone gives you a physical gold bar "for free", in some cases you should pay taxes for that, even if you not sell it for money. Same for cryptocurrency "airdrops".

That is insane... that would mean anything that I have ever been given "for free" in life I would have to pay taxes on.....
This is the exact reason why we need cryptocurrencies.....  greedy governments want their cut of something that is not theirs.... THIEVES!!!

Insane, yes.  The government wants you pay taxes on every source of income.

Remember we're supposed to be in control of our government.  If you don't like what they are doing, make sure your "representatives" are aware of your displeasure and that you vote for those people who really decrease taxes, not just those who say they do.

That said, also remember there's no such thing as a "free lunch".  Everything the government doles out is stolen from others.  If you are a large recipient of those handouts, don't complain about the taxes unless you want the "free" stuff to disappear.

For the rest of us "Peters" who are robbed to pay the "Pauls", however, sorry Paul, your days of free lunches are coming to an end.

You say "Everything the government doles out is stolen from others".  I think that is a selfish way to look at it.

I live in the UK, and am quite happy to pay my taxes in order to fund out National Health Service, benefits for those less fortunate than myself (yes, some people do take the p*ss, but the vast majority need this assistance), investment in infrastructure (even if I may disagree on some of the choices the Government make), etc.

At the end of this tax year I will be declaring my cryptocurrency investments and gains (hopefully!).  That's not to say that I will not be taking advantage of my tax allowances where it makes sense, since our allowed gains are low (https://www.gov.uk/government/publications/rates-and-allowances-capital-gains-tax/capital-gains-tax-rates-and-annual-tax-free-allowances) and I no longer have income - in the sense of being paid to work - to use my tax allowance from (https://www.gov.uk/income-tax-rates).  I will still be paying, quite happily, tax on most of what I have made.

Expect Governments to monitor transactions on major coins more and more if they think people are dodging taxes that way.  See https://www.technocracy.news/index.php/2017/08/28/bitcoin-loses-anonymity-irs-tracks-bitcoiners-new-blockchain-analysis-tools/ and http://bitcoinist.com/irs-catch-bitcoin-tax-cheats/ for example.  Trying to dodge taxes via this method is going to get harder and make it more likely that you will face investigation, fines and perhaps jail-time for significant amounts.


I also live in UK , and just wondering how you paying taxes on crypto ?
Is the capital gain tax apply only when you xchange crypto to fiat or this is more complicated ?

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October 18, 2017, 12:13:25 PM
 #1459

You say "Everything the government doles out is stolen from others".  I think that is a selfish way to look at it.

I live in the UK, and am quite happy to pay my taxes in order to fund out National Health Service, benefits for those less fortunate than myself (yes, some people do take the p*ss, but the vast majority need this assistance), investment in infrastructure (even if I may disagree on some of the choices the Government make), etc.

What you state above is quite fine, even exemplary, if it's voluntary.  Anything else is theft and coercion.

If I were to force you to do what governments force you to do, I'd be locked up with the key thrown away, or worse.

M

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October 18, 2017, 12:18:23 PM
 #1460

I also live in UK , and just wondering how you paying taxes on crypto ?
Is the capital gain tax apply only when you xchange crypto to fiat or this is more complicated ?

I've only been trading crypto for a few months, so not yet had to sort out the paperwork for filing a tax return and I haven't talked to my accountant about how to handle the accounts yet.

I suggest that you read https://www.gov.uk/government/publications/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies and talk to an accountant.  At least you don't need to worry about VAT unless you are selling good or services (and have a revenue over the threshold, as detailed at https://www.gov.uk/vat-registration/calculate-turnover ).

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