fillippone
Legendary
Offline
Activity: 2156
Merit: 15482
Fully fledged Merit Cycler - Golden Feather 22-23
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July 26, 2019, 02:04:52 PM |
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2017 Income: $996,494 + $6257 donations Expenses - Forum software project: $246,138 Expenses - Mods and others: $261,433 Expenses - Hosting etc: $49,726
2018 Income: $473,247 + $479 donations Expenses - Forum software project: $272,250 Expenses - Mods and others: $204,547 Expenses - Hosting etc: $43,907 Tax is not included for 2017. Because bitcointalk.org is tax-wise a disregarded entity, it's difficult for me to calculate the tax costs attributable to forum activities. I'll do it some other day. Thank you Theymos for the disclosure. 53% YoY drop in income is quite spectacular. I wasn't even a forum member during the ICO season, but I guess the funding from their ads was quite relevant.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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redsn0w (OP)
Legendary
Offline
Activity: 1778
Merit: 1042
#Free market
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July 26, 2019, 02:10:17 PM |
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2017 Income: $996,494 + $6257 donations Expenses - Forum software project: $246,138 Expenses - Mods and others: $261,433 Expenses - Hosting etc: $49,726
2018 Income: $473,247 + $479 donations Expenses - Forum software project: $272,250 Expenses - Mods and others: $204,547 Expenses - Hosting etc: $43,907 Tax is not included for 2017. Because bitcointalk.org is tax-wise a disregarded entity, it's difficult for me to calculate the tax costs attributable to forum activities. I'll do it some other day. Thanks.
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malevolent
can into space
Legendary
Offline
Activity: 3472
Merit: 1721
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July 26, 2019, 02:17:29 PM |
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Signature space available for rent.
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fillippone
Legendary
Offline
Activity: 2156
Merit: 15482
Fully fledged Merit Cycler - Golden Feather 22-23
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July 26, 2019, 02:28:45 PM |
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"What it's right comes before what is useful". Cannot remember if it was Kant or Theymos.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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bluefirecorp_
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July 26, 2019, 09:50:23 PM |
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2017 Income: $996,494 + $6257 donations Expenses - Forum software project: $246,138 Expenses - Mods and others: $261,433 Expenses - Hosting etc: $49,726
2018 Income: $473,247 + $479 donations Expenses - Forum software project: $272,250 Expenses - Mods and others: $204,547 Expenses - Hosting etc: $43,907 Tax is not included for 2017. Because bitcointalk.org is tax-wise a disregarded entity, it's difficult for me to calculate the tax costs attributable to forum activities. I'll do it some other day. Oof. Who got fired? --- $500k+ on epoctalk seems like a lot.
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hilariousetc
Legendary
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Activity: 2786
Merit: 3030
Join the world-leading crypto sportsbook NOW!
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July 30, 2019, 11:53:59 AM |
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Thank you for posting the financial statements. It's interesting. One question- Why don't we count all the income+expense in BTC? Wouldn't it be fair if we had done so? All those fund were received in BTC certainly. I think it would be more interesting to get BTC value since we are calculating the financial statement of Bitcoin forum.
It's probably only in USD there because that's all the tax man cares about and for tax purposes the money would be logged at its dollar value at the time received. I'm sure theymos has the btc values as well though. 2017 Income: $996,494 + $6257 donations Expenses - Forum software project: $246,138 Expenses - Mods and others: $261,433 Expenses - Hosting etc: $49,726
2018 Income: $473,247 + $479 donations Expenses - Forum software project: $272,250 Expenses - Mods and others: $204,547 Expenses - Hosting etc: $43,907 Tax is not included for 2017. Because bitcointalk.org is tax-wise a disregarded entity, it's difficult for me to calculate the tax costs attributable to forum activities. I'll do it some other day. Oof. Who got fired? --- Is this in regard to the new forum or the drop in payments to staff? I think lauda has been the only staff member to be 'let go', but there are several mods who had left or have been removed due to inactivity over the past few years (including a couple of Globals/Admins - BadBear, Salty, Grue to name a few.
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Quickseller
Copper Member
Legendary
Offline
Activity: 2870
Merit: 2300
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July 31, 2019, 03:56:33 AM |
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I think lauda has been the only staff member to be 'let go',
I believe there was a mod in the india local sub that was removed from being a moderator after the exchange he worked for was hacked due to possible conflicts of interest. I believe MNW was a staff member around the time he was making offers to insure deposits of pirate40's ponzi. Also, xDeathwing was fired over a scam accusation.
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malevolent
can into space
Legendary
Offline
Activity: 3472
Merit: 1721
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I believe there was a mod in the india local sub that was removed from being a moderator after the exchange he worked for was hacked due to possible conflicts of interest. I believe MNW was a staff member around the time he was making offers to insure deposits of pirate40's ponzi. Also, xDeathwing was fired over a scam accusation. IIRC there was a mod in the Portuguese (?) local board who had his account get hacked, and obviously he didn't get reinstated after that. MNW was a mod of the Korean local board, I don't remember if he got demodded for reneging on a bet or just trolling? I'm not sure if Diablo-D3 left of his own initiative or if he was demodded. And then there was Nefario.
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Signature space available for rent.
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