Bitcoin Forum
November 17, 2017, 05:57:17 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 »
  Print  
Author Topic: [ANN][HLM] HELIUM - PRE NOTICE  (Read 124594 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.
mdude77
Legendary
*
Online Online

Activity: 1484



View Profile
October 17, 2017, 03:54:05 PM
 #1461

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

I'm X-Fueled.  Are you? 
Tip for NiceHash: use their wallet to decrease fees!  Check out Helium!  Referral for Cryptopia.
1510941437
Hero Member
*
Offline Offline

Posts: 1510941437

View Profile Personal Message (Offline)

Ignore
1510941437
Reply with quote  #2

1510941437
Report to moderator
1510941437
Hero Member
*
Offline Offline

Posts: 1510941437

View Profile Personal Message (Offline)

Ignore
1510941437
Reply with quote  #2

1510941437
Report to moderator
1510941437
Hero Member
*
Offline Offline

Posts: 1510941437

View Profile Personal Message (Offline)

Ignore
1510941437
Reply with quote  #2

1510941437
Report to moderator
A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1510941437
Hero Member
*
Offline Offline

Posts: 1510941437

View Profile Personal Message (Offline)

Ignore
1510941437
Reply with quote  #2

1510941437
Report to moderator
1510941437
Hero Member
*
Offline Offline

Posts: 1510941437

View Profile Personal Message (Offline)

Ignore
1510941437
Reply with quote  #2

1510941437
Report to moderator
1510941437
Hero Member
*
Offline Offline

Posts: 1510941437

View Profile Personal Message (Offline)

Ignore
1510941437
Reply with quote  #2

1510941437
Report to moderator
mdude77
Legendary
*
Online Online

Activity: 1484



View Profile
October 17, 2017, 03:58:27 PM
 #1462

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

I'm X-Fueled.  Are you? 
Tip for NiceHash: use their wallet to decrease fees!  Check out Helium!  Referral for Cryptopia.
minerjones
Legendary
*
Offline Offline

Activity: 1190


http://bitsend.info BitSend - The #1 masternode


View Profile WWW
October 17, 2017, 04:02:31 PM
 #1463

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


▄██████████████████
███████████████████
███████████████████
█████████████████
███████████████
████████████████
████████████████
█████████████████
███████████████████
████████████████████
█████████████████████
▀████████████████████
Bazista®
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██

██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
|||
BurntSnow
Sr. Member
****
Offline Offline

Activity: 462


GET IN - Smart Ticket Protocol - Live in market!


View Profile
October 17, 2017, 04:56:39 PM
 #1464

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.


               ████
             ███  ███
           ████     ███
         ███  ███    ███
       ████     ███    ███
     ███  ███     ███    ███
   ████     ███     ███   ██
 ███  ███     █████████████████
███     ███     ███           ██
 ███      ███     ██          ██
   ███      ██████████      ███
     ███      ██████      ███
       ███      ██      ███
         ███          ███
           ███      ███
             ███  ███
               ████

GUTS
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
smart-ticket protocol for events
live product with market traction!
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
  BTC ANN
  WEBSITE
  BLOG
   
  SANDBOX
  WHITEPAPER
  BOUNTY
   
Lucasgabd
Full Member
***
Online Online

Activity: 154

we're hundreds of layers.


View Profile WWW
October 17, 2017, 09:45:32 PM
 #1465

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.

▀     DeepOnion  |  TOR Integrated & Secured  [ Facebook  Telegram  Bitcointalk  Twitter  Youtube  Reddit ]     ▀
Your Anonymity Guaranteed  ★  Your Assets Secured by TOR  ★  Guard Your Privacy!   ❱❱❱ JOIN AIRDROP NOW!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  File Authenticity Guaranteed by DeepVault  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
thesavoyard
Sr. Member
****
Offline Offline

Activity: 280



View Profile
October 17, 2017, 10:41:28 PM
 #1466

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

jwiz168
Hero Member
*****
Offline Offline

Activity: 910



View Profile
October 17, 2017, 10:57:18 PM
 #1467

Just waiting for  heliumpay market to open . It would really be interesting to know how much is the value of the token.
Mikanoshi
Full Member
***
Offline Offline

Activity: 224


Code Monkey 🐵


View Profile WWW
October 18, 2017, 06:00:51 AM
 #1468

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

▀     DeepOnion  |  TOR Integrated & Secured  [ Facebook  Telegram  Bitcointalk  Twitter  Youtube  Reddit ]     ▀
Your Anonymity Guaranteed  ★  Your Assets Secured by TOR  ★  Guard Your Privacy!   ❱❱❱ JOIN AIRDROP NOW!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  File Authenticity Guaranteed by DeepVault  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Maicol792
Legendary
*
Offline Offline

Activity: 868


🌟 https://cashaa.com/ 🌟


View Profile
October 18, 2017, 07:18:05 AM
 #1469

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

.cashaa....█████
█╬██
█╬█
█╬█
█╬█
█╬█

█╬█

█╬██

█████
██████
██╬██
█╬█
█╬█
█╬█
█╬█

█╬█

██╬██

██████
█████
██╬█
█╬█
█╬█
█╬█
█╬█

█╬█

██╬█

█████
3sobaki
Newbie
*
Offline Offline

Activity: 6


View Profile
October 18, 2017, 08:53:31 AM
 #1470

how do I get helium.
I had a spred on my wallet
PhaseshiftUK
Member
**
Offline Offline

Activity: 84


View Profile
October 18, 2017, 09:26:24 AM
 #1471

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.
PhaseshiftUK
Member
**
Offline Offline

Activity: 84


View Profile
October 18, 2017, 09:42:19 AM
 #1472

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.
Blackforce
Newbie
*
Offline Offline

Activity: 8


View Profile
October 18, 2017, 09:49:18 AM
 #1473

Does anyone know the launch date? I’m curious what price will have
PhaseshiftUK
Member
**
Offline Offline

Activity: 84


View Profile
October 18, 2017, 10:00:40 AM
 #1474

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.
PhaseshiftUK
Member
**
Offline Offline

Activity: 84


View Profile
October 18, 2017, 10:02:43 AM
 #1475

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.
detectiveduck
Member
**
Offline Offline

Activity: 70


View Profile
October 18, 2017, 11:02:54 AM
 #1476

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...
DANTER
Jr. Member
*
Offline Offline

Activity: 34


View Profile
October 18, 2017, 12:02:00 PM
 #1477

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 ?

mdude77
Legendary
*
Online Online

Activity: 1484



View Profile
October 18, 2017, 12:13:25 PM
 #1478

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

I'm X-Fueled.  Are you? 
Tip for NiceHash: use their wallet to decrease fees!  Check out Helium!  Referral for Cryptopia.
PhaseshiftUK
Member
**
Offline Offline

Activity: 84


View Profile
October 18, 2017, 12:18:23 PM
 #1479

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 ).
PhaseshiftUK
Member
**
Offline Offline

Activity: 84


View Profile
October 18, 2017, 12:27:15 PM
 #1480

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.

No, it is not theft or coercion.  By remaining a resident/national of that country/state you agree to abide by the laws laid out by Government.
Some well-off people move outside of the UK for tax reasons (e.g. to Switzerland).  That is how you "opt out" of paying tax in the UK.

Would you opt out of using services paid for in your country by taxes?  What about refuse collection?

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.

Suppose that you were my landlord.  What if I decided that I thought that you were charging me too much money, so just paid you less each month.  Why should I care if you can't pay the mortgage for the place or carry out repairs any more?  Do you see the fallacy of that?
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!