csmcc
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Activity: 112
Merit: 10
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July 20, 2017, 04:46:15 PM |
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No worries. It was all stuff I'd been meaning to ask them myself anyway. Just hadn't got round to doing it. Thought I might as well ask them if they'll give me a job while I was on there ....  (You never know!) |
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EDisney
Sr. Member
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Activity: 336
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
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July 20, 2017, 05:14:41 PM |
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All those who are dreaming of billions in turnover seem to not know about the tax issue:
At least in the US and Europe, users of a crypto card like this one will have to pay taxes on each transaction if the price of the crypto at the time of purchase of goods is higher than at the time when they bought the crypto.
So they'll have to list every purchase and calculate gains or losses when they do their taxes.
Therefore widespread adoption is very unlikely.
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csmcc
Member
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Activity: 112
Merit: 10
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July 20, 2017, 05:19:26 PM |
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All those who are dreaming of billions in turnover seem to not know about the tax issue:
At least in the US and Europe, users of a crypto card like this one will have to pay taxes on each transaction if the price of the crypto at the time of purchase of goods is higher than at the time when they bought the crypto.
So they'll have to list every purchase and calculate gains or losses when they do their taxes.
Therefore widespread adoption is very unlikely.
Implications are EXACTLY the same for trading with crypto. And that doesn't seem to be putting anyone off. I'll take my chances. Further points on this: 1. Do everything though VPN's. And if you have to, move funds through anon coins like Zcash (also under a VPN cloak). The semi-anon nature of most crypto means it's not massively difficult to obfuscate the trail. I'm pretty sure I could do it if I tried. 2. Fuck the US. Trump is busy flushing them down the toilet. If they get Asia on board, we're good! |
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Chrizzli
Newbie
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Activity: 56
Merit: 0
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July 20, 2017, 08:29:03 PM |
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No matter to me. With those answers, and VISA turning over $16+ trillion in 2015, I'm holding!  2% of the current VISA turnover, and the payback sums will be very nice. Very nice indeed! ... Long term = WIN! That's the important thing to realize. You get part of the payment volume, of the gross income, like you are part of the company. Not "just" a shareholder. Thank you for clarifying our assumptions on Slack and for bringing more positive spirit into this thread. Implications are EXACTLY the same for trading with crypto. And that doesn't seem to be putting anyone off.
I'll take my chances.
About taxes: It's not always a problem. There are exceptions in several countries, 1 year holding periods for tax exemption for example. Crypto provides a level playing field between common citizens and corporations. Both should have the ability to use financial constructs to the same extent, this is at least my opinion. Use it or lose it. Crypto is a game changer here. I can see people are finally waking up to the reality, at least in this thread. Nice! |
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AshCoins
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July 20, 2017, 08:38:35 PM |
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So anyone know when the first monthly dividend is supposed to be paid?
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tobiblueeyes
Newbie
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Activity: 34
Merit: 0
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July 20, 2017, 08:41:12 PM |
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So anyone know when the first monthly dividend is supposed to be paid?
Does this really matter ? You will not even get 1 cent ... so what ? |
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franc0
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July 20, 2017, 09:03:04 PM |
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So anyone know when the first monthly dividend is supposed to be paid?
Does this really matter ? You will not even get 1 cent ... so what ? I'm number 234 in the rich list so, i expect more than just a few cents lol. |
I'm a professional Spanish translator. Projects like WePower, Envion, Atlant, etc. Among others... are part of my portfolio. Hire me or sign me up as a bounty participant for your project!
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csmcc
Member
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Activity: 112
Merit: 10
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July 20, 2017, 09:32:43 PM |
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I'm number 234 in the rich list so, i expect more than just a few cents lol. If you're the NEM guy from Slack earlier, then I know you already picked one winning horse. You've got a lot on this one so here's hoping you picked another!  (I don't have your kind of money in it. I wish!) |
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Lena_Storifier
Member
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Activity: 87
Merit: 10
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July 20, 2017, 09:48:04 PM |
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franc0
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July 20, 2017, 10:07:12 PM |
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I'm number 234 in the rich list so, i expect more than just a few cents lol. If you're the NEM guy from Slack earlier, then I know you already picked one winning horse. You've got a lot on this one so here's hoping you picked another! (I don't have your kind of money in it. I wish!) Yep it's me |
I'm a professional Spanish translator. Projects like WePower, Envion, Atlant, etc. Among others... are part of my portfolio. Hire me or sign me up as a bounty participant for your project!
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scamalert0
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July 21, 2017, 04:33:57 AM |
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Waiting for 10K .. more dump ahead .. just see ..
Still 105 miln to dump on market ..
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Chrizzli
Newbie
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Activity: 56
Merit: 0
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July 21, 2017, 11:54:01 AM |
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I'm number 234 in the rich list so, i expect more than just a few cents lol.
Holy crap, that's a fine investment. I think you will not regret this decision a single day of your life. Live long and prosper! |
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Sowik
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July 21, 2017, 12:15:35 PM |
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So anyone know when the first monthly dividend is supposed to be paid?
Does this really matter ? You will not even get 1 cent ... so what ? I'm number 234 in the rich list so, i expect more than just a few cents lol. Where can I check the list out? |
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MedaR
Legendary
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Activity: 2380
Merit: 1026
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July 22, 2017, 11:44:35 AM |
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I'm from Europe, i'm interested for Mastercard or VISA. Can i get clear information how much will cost delivery of card? Can someone create comparison with existing systems such as Payeer, Virwox? When will be card ready for purchases, as i understud card with aditional bonuses still is not ready?
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Münzpräger
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July 22, 2017, 12:34:52 PM |
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Is there a way to check the exchange rates of all supported crypto currencies? I would like to know if there are hidden fees or markups involved.
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andrejka
Sr. Member
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Activity: 770
Merit: 251
MOBU - FUTURE OF SECURITY TOKENS
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July 22, 2017, 04:27:12 PM |
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Guys, can anyone answer me? Why in MEW in Token Balances section I only see the amount of my TenX Pay Tokens but the price is now shown as if the coin was not traded on exchanges yet. But it is traded already on several exchanges as far as I know...So what can be the problem? Thanks in advance.
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franc0
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July 22, 2017, 06:02:34 PM |
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Guys, can anyone answer me? Why in MEW in Token Balances section I only see the amount of my TenX Pay Tokens but the price is now shown as if the coin was not traded on exchanges yet. But it is traded already on several exchanges as far as I know...So what can be the problem? Thanks in advance.
I don't know what you mean, in MEW i don't see any price, I just see my tokens. |
I'm a professional Spanish translator. Projects like WePower, Envion, Atlant, etc. Among others... are part of my portfolio. Hire me or sign me up as a bounty participant for your project!
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scamalert0
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July 22, 2017, 06:39:13 PM |
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GET ready for big DUMP ,,, TenX is nothing but HYIP token of ETH
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.cryptic.
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July 22, 2017, 07:20:39 PM |
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GET ready for big DUMP ,,, TenX is nothing but HYIP token of ETH
Why do you think there is going to be a big DUMP? This is a very young project and we should give it some time to prove itself. |
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