For all Europeans: BTC 10000 euro

[Herman Hesse]

Although Europe is behind Asia and USA when it comes to cryptocurrencies investing (BTC euro market is less than 10 % of total BTC market)

and cryptocurrencies legal regulating in Europe is in many aspects behind other developed parts of world...


congrats to all BTC holders from Europe!
On Exmo and Gatecoin exchange, BTC is over 10000 euros.

[1714137926]

1714137926

[1714137926]

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[Dailyroberts]

We talked very much about $10k border in bitcoin but we missed 10k euro limit in bitcoin. So good news on the way, congrats to the holders for this achievement in europe. Hope we can see even higher prices.

[gentlemand]

Odd that EUR is so small. The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Spare a thought for us pathetic Brits. We've never really had a proper exchange with smooth banking. £10,000 isn't a million miles away now.

[expert4knowledge]

This is actually a dangerous news, now we can have an other major drop because of this EURO limit reached

[gentlemand]

This is actually a dangerous news, now we can have an other major drop because of this EURO limit reached

USD is the only one that had any type of psychological barrier.

1 million yen was a comparative breeze and happened a day or two before. The world raced ahead while USD pondered breaking through.

No one cares or pays any attention to EUR markets.

[alyssa85]

Odd that EUR is so small. The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Spare a thought for us pathetic Brits. We've never really had a proper exchange with smooth banking. £10,000 isn't a million miles away now.

The issue is the faster payments system. The banks are reluctant to deal with crypto exchanges because faster payments makes it easier for the crooks, because faster payments moves money instantly.

I guess one way around it is for an exchange to bank with a building society that is not on faster payments but uses the slower BACS system (which takes three days).

[Chris314]

Actually, major exchanges place are still under 10k€. Kraken and Bitstamp are around 9500€/Btc, Coinbase is a little higher, around 9700€. I'm mainly following prices in € and the 10k threshold isn't passed yet on major exchanges (at least those I know).
It'll come soon, I think, but not today.

[EcoChavCrypto]

You are wrong, because your fiat is US it does not means that other people doesn't feel the same when they are approaching to another psycho barrier.

USD is the only one that had any type of psychological barrier. .

The same happened on Venezuela when it touched 1 million of their fiat. The same on Zimbawbe when it touched $10,000 (it happened when it was $8,000 in here)

It is almost happening in everywhere in where they see the price based on their fiat.

And yes, congrats to the Europeans, maybe 10,000 euro is a big amount of money for all of you, but it is almost the same, bitcoin is upto $11,800 right now.

[gentlemand]

I guess one way around it is for an exchange to bank with a building society that is not on faster payments but uses the slower BACS system (which takes three days).

If that was possible we'd already have it. Probably the lowliest single granny credit union has been queried by crypto businesses and she must've told them to go fuck themselves.

Even if one institution got in they'd be shunned by everyone else and would have to give it up.

What's needed is clear and proper regulation from the government. No bank wants to have to interpret woolly statements only to be nailed to the wall later. Easier to say no to everything.

You are wrong, because your fiat is US it does not means that other people doesn't feel the same when they are approaching to another psycho barrier.

1 million yen is a bigger deal in one of the biggest markets. They didn't seem to hang around too long before breaking through.

[neurotypical]

Odd that EUR is so small. The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Spare a thought for us pathetic Brits. We've never really had a proper exchange with smooth banking. £10,000 isn't a million miles away now.

Are you sure? Isn't Bitcoin taxed in USD just as capital gain tax at 25% and at 15% if you hold for more than one year? I think in some countries in Europe it can be as high as near 50%... it's a scam to be honest. I have no idea about how taxes was because I never had any money before bitcoin.. the only advantage of being poor is that you don't need to stress about taxes because you are so poor that you don't even qualify to pay many taxes in most cases, even if in some countries the poorest still pay the highest taxes, in fact this is the case everywhere since corporations like google and amazon pay tiny amounts in Ireland etc... anyway don't wan't to derail this, my point is, I got no idea about taxes, so instead of fucking up im just going to hold it long term and worry about that later.

[gentlemand]

Odd that EUR is so small. The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Spare a thought for us pathetic Brits. We've never really had a proper exchange with smooth banking. £10,000 isn't a million miles away now.

Are you sure? Isn't Bitcoin taxed in USD just as capital gain tax at 25% and at 15% if you hold for more than one year? I think in some countries in Europe it can be as high as near 50%... it's a scam to be honest. I have no idea about how taxes was because I never had any money before bitcoin.. the only advantage of being poor is that you don't need to stress about taxes because you are so poor that you don't even qualify to pay many taxes in most cases, even if in some countries the poorest still pay the highest taxes, in fact this is the case everywhere since corporations like google and amazon pay tiny amounts in Ireland etc... anyway don't wan't to derail this, my point is, I got no idea about taxes, so instead of fucking up im just going to hold it long term and worry about that later.

Yes. Capital gains in the US is high compared to elsewhere and if you hold for less than one year it's even higher. There's also the theoretical requirement to pay it on everything including buying a coffee. Depends on the state as well of course. They might add more.

In Germany there's no tax after a year of holding. In the Netherlands it's about 2% or less. In the UK it's 20% more or less. Dunno about elsewhere.

[HeRetiK]

This is actually a dangerous news, now we can have an other major drop because of this EURO limit reached

USD is the only one that had any type of psychological barrier.

1 million yen was a comparative breeze and happened a day or two before. The world raced ahead while USD pondered breaking through.

No one cares or pays any attention to EUR markets.

Tell that to arbitrageurs. EUR markets have been mostly lagging behind USD the last few weeks. I wouldn't be surprised if that caused a bit of a drag on the USD markets as well. Once the EUR 10,000,- threshold is broken for good the EUR markets may get more bullish as well, thus refraining from dragging the USD market down.

That, or people in the EUR markets may start taking profits, putting downwards pressure on the USD markets as well. In which case -- hold on tight my American friends! And help keep the EUR price above 10,000!

Odd that EUR is so small. The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Spare a thought for us pathetic Brits. We've never really had a proper exchange with smooth banking. £10,000 isn't a million miles away now.

Are you sure? Isn't Bitcoin taxed in USD just as capital gain tax at 25% and at 15% if you hold for more than one year? I think in some countries in Europe it can be as high as near 50%... it's a scam to be honest. I have no idea about how taxes was because I never had any money before bitcoin.. the only advantage of being poor is that you don't need to stress about taxes because you are so poor that you don't even qualify to pay many taxes in most cases, even if in some countries the poorest still pay the highest taxes, in fact this is the case everywhere since corporations like google and amazon pay tiny amounts in Ireland etc... anyway don't wan't to derail this, my point is, I got no idea about taxes, so instead of fucking up im just going to hold it long term and worry about that later.

It depends on the country and the situation of the individual holder. In Germany and Austria for example, tax rate after holding for more than one year is zero. Can't get more friendly than that. Worst case you need to pay income tax on your profits, which, while likely higher than in the US, is still not as high as 50%. Taxation may differ in other European countries, as I can only speak for Germany and Austria, however I doubt that you'll get a tax rate as high as 50% in any European country.

[Febo]

Although Europe is behind Asia and USA when it comes to cryptocurrencies investing (BTC euro market is less than 10 % of total BTC market)

and cryptocurrencies legal regulating in Europe is in many aspects behind other developed parts of world...


congrats to all BTC holders from Europe!
On Exmo and Gatecoin exchange, BTC is over 10000 euros.

On coinmarketcap had not happened yet but we are close.    Being behind Crypto regulations is sort of way better.

No one cares or pays any attention to EUR markets.

If you dont use EUR then ofcourse. Why should you care.  I also dont care of USD or CNY or YEN why should I?

[richardsNY]

We've never really had a proper exchange with smooth banking.

Not even Coinsbank? I always had the impression that the general Brit was quite satisfied with how that exchange has been growing throughout the years. It's a tiny market when it comes to GBP, but they are by far the largest exchange in that segment. That being said, most of the banks allow you to have a dedicated USD account for international minded clients, which could be an option for you to consider. I have dedicated EUR/USD/CHF accounts for years, and have been capable of expanding my international reach significantly with these bank accounts. They however charge pretty steep fees in my case, but as long as I get more than it costs me, Ill keep them.

[gentlemand]

Not even Coinsbank?

I have literally never come across one single user of that joint. Even though I was once signed up for their sig campaign I'd forgotten they existed.

If they had proper banking we'd hear about it. It'll be another kludge. Coinfloor I think has to bank in Poland for their GBP.

[LeGaulois]

Even if I use the euro currency for selling, it does not really affect me psychologically. I usually use the dollar while I talk about Bitcoin or even when I read the news and I think it's the same for the majority of people

The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Yeah, europeans taxes are so friendly. That's why all the international firms are moving manufactories in poor countries and moving the headquarters in countries with rude taxes like Panama, Belize and Luxembourg. And all this after the countries helped them by giving millions of euros in exchange to stay in the country and create jobs. Now they took the millions and go out of Europe.

[DonQuijote]

Congrats!
Waiting for 20k 

[NUFCrichard]

Even if I use the euro currency for selling, it does not really affect me psychologically. I usually use the dollar while I talk about Bitcoin or even when I read the news and I think it's the same for the majority of people

The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Yeah, europeans taxes are so friendly. That's why all the international firms are moving manufactories in poor countries and moving the headquarters in countries with rude taxes like Panama, Belize and Luxembourg. And all this after the countries helped them by giving millions of euros in exchange to stay in the country and create jobs. Now they took the millions and go out of Europe.

I'm the same, my bank account is in Euro, but I look at the price in USD.
I find that the price in Euro is often less accurate than the USD price. When I trade I trade on Bitcoin.de, but the price is all over the place there.

The German system for tax is great, hold for one year and it's tax free. For those of us who bought in 2014, that is a double bonus (the massive price rise being the other)

[hateplesent]

Although Europe is behind Asia and USA when it comes to cryptocurrencies investing (BTC euro market is less than 10 % of total BTC market)

and cryptocurrencies legal regulating in Europe is in many aspects behind other developed parts of world...


congrats to all BTC holders from Europe!
On Exmo and Gatecoin exchange, BTC is over 10000 euros.

many users exchange bitcoin into dollar price so that we know we break 10,000$

any way like you say congrats to all BTC holders from Europe and all over world Bitcoin is power

[LeGaulois]

Even if I use the euro currency for selling, it does not really affect me psychologically. I usually use the dollar while I talk about Bitcoin or even when I read the news and I think it's the same for the majority of people

The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Yeah, Europeans taxes are so friendly. That's why all the international firms are moving manufactories in poor countries and moving the headquarters in countries with rude taxes like Panama, Belize and Luxembourg. And all this after the countries helped them by giving millions of euros in exchange to stay in the country and create jobs. Now they took the millions and go out of Europe.

I'm the same, my bank account is in Euro, but I look at the price in USD.
I find that the price in Euro is often less accurate than the USD price. When I trade I trade on Bitcoin.de, but the price is all over the place there.

The German system for tax is great, hold for one year and it's tax-free. For those of us who bought in 2014, that is a double bonus (the massive price rise being the other)

AH! Not long ago, while we were in a slack channel, we were talking about the taxes related to Bitcoin. Most of the people were in to debate how it can be good to make a (what I find to be a silly) system à la Paradise Paper. One of them mentioned your country since we are a neighbor, now I understand better.

Here we have to pay taxes no matter if you own the bitcoins since years, even from mining we have to pay. Generally speaking, I think I am fine with paying the taxes and more taxes I pay more I am happy because it means I earn more money