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ShroomsKit
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June 27, 2013, 05:33:53 PM |
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I predict a price explosion because of this news of exactly 0 dollar. |
Its price is not a very relevant factor in its adoption....
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Micky25
Legendary
 Offline
Activity: 974
Merit: 1000
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June 27, 2013, 05:41:52 PM |
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The German government is famous for changing view frequently - most of the time with backdated revalidation.
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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June 27, 2013, 06:20:51 PM |
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I predict a price explosion because of this news of exactly 0 dollar. I'll give you credit for the LOL. I am in Germany and in the past the German government did the same with stocks. Now it is at 25% for capital gains held more than 1 year. I agree with the other poster, they will change the law if they have to, but hopefully there is a grandfather clause going on. For some people that is a lot of money and could warrant changing residences for a couple of years.  |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Frizz23
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June 27, 2013, 06:40:19 PM |
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german government decided that no taxes have to be paid on gains of bitcoin prize rising (speculation) if the bitcoins are held for a 12 months period.
German politicians (like all politicians) are clowns and deserve a Josh-nose. They have no idea when I bought and when I sold my Bitcoins. So this "12 months period" is a joke! For the record (and the NSA (and the BKA)): Of course I mined all my Bitcoins back in 2009. All of them.  |
Ξtherization⚡️First P2E 2016⚡️🏰💎🌈 etherization.org
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vokain
Legendary
Offline
Activity: 1834
Merit: 1019
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June 27, 2013, 06:56:43 PM |
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start of wwiii?  ? |
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Hyena
Legendary
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Activity: 2114
Merit: 1013
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June 27, 2013, 09:31:26 PM |
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Does the tax only apply when converting from coins to fiat? In that case I would never convert the coins to fiat but instead buy my villas directly with bitcoins.
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MAbtc
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June 27, 2013, 09:34:41 PM |
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Does the tax only apply when converting from coins to fiat? In that case I would never convert the coins to fiat but instead buy my villas directly with bitcoins.
You'll just get taxed on the market value of your capital gains. |
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Frozenlock
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June 27, 2013, 09:44:11 PM |
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Why is this bullish in the immediate term? People who have massive gains from their Bitcoins purchased a year ago or earlier are free to convert them to millions of Euros, tax free. Isn't that compelling?
Exactly. If anything, that's short term bearish. |
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BitChick
Legendary
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Activity: 1148
Merit: 1001
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June 27, 2013, 10:17:09 PM |
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Why is this bullish in the immediate term? People who have massive gains from their Bitcoins purchased a year ago or earlier are free to convert them to millions of Euros, tax free. Isn't that compelling?
Exactly. If anything, that's short term bearish. Short term bearish, long term bullish. The way bitcoin seems to be lately.  It seems little news pieces keep coming out that could be interpreted as great news, but they are almost always countered with something else bad at the same time! I would love it if we could just have a month of good news. Sigh. Oh well. At least there is good mixed with bad though. That is better then the alternative of only bad news. |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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wonkytonky
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June 27, 2013, 10:18:39 PM |
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ok now .. we all know btc will go up in the long run.. so if you are a speculator.; and you know btc will go up in the long run.. they can take the profits in taxfree.. legaly. lol it's like giving candy to a child  Bullish for sure.. |
Whatever. And no you haven’t been in bitcoin since 2010. Plus if you really feel the way you do. Then sell. Have conviction. If not keep pounding sand.
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johnyj
Legendary
Offline
Activity: 1988
Merit: 1012
Beyond Imagination
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June 27, 2013, 10:29:57 PM |
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Encouraging long term investment in bitcoin, I guess someone from government already hold lots of coins
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