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Author Topic: Bitcoin is a tax  (Read 1212 times)
filharvey
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April 02, 2018, 11:31:35 PM
 #21

In casino or lottery,we completely rely on fortune to make profits.But in bitcoin,we either gain profit when demand increases resulting in price rise or face loss when price decreases due to decrease in demand.

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FurDich
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April 03, 2018, 12:25:39 AM
 #22

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.
In my opinion. Bitcoin is not connected to government so there's no such thing about tax. Bitcoin is a dependent crypto.
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April 03, 2018, 12:40:10 AM
 #23

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.


I get taxed 15% on my bitcoin divestiture
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April 03, 2018, 01:14:39 AM
 #24

To do bitcoin trading we really have to learn about graphics and often follow news that can affect bitcoin price, and do not guess like gambling, and you will benefit from the knowledge you have.
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April 03, 2018, 01:14:43 AM
 #25

In casino or lottery,we completely rely on fortune to make profits.But in bitcoin,we either gain profit when demand increases resulting in price rise or face loss when price decreases due to decrease in demand.
yes, we at casinos and lotteries rely on luck to be able to earn profits, but in bitcoin we can also get huge profits, and in bitcoin loss or not it all depends on our own that decide.
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April 03, 2018, 01:59:09 AM
Last edit: April 03, 2018, 02:53:30 AM by PauloLuks
 #26

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.
What are you doing here?
I don't understand how I still find these kind of statements.
Let me be clear with all of you. Time itself is a blockchain. We are all nodes who share the same worldwide events. You can't hack the past and our memory is an extensive blockchain.
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April 03, 2018, 12:14:02 PM
 #27

I think bitcoin is not a thing like tax, you wanted to say. It is becoiming the most popular virtual currency of the world. And people with proper knowledge are making good amount of output with it.
svetochka.yakovleva.93
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April 03, 2018, 04:39:49 PM
 #28

Bitcoin is free from the dependence of any currency and he himself is gaining a price or reduces, the poet and taxes are also going no matter from countries.

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April 04, 2018, 03:14:54 PM
 #29

Bitcoin is free from the dependence of any currency, and he himself is gaining a price or declining,
poet and taxes.
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April 04, 2018, 03:32:26 PM
 #30

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.

if this is a stupid thing why you also use it? even you are more active in this forum than me. bitcoin may help a person in economic terms. please keep your talk, you are like the most ignorant person.
Rustamm
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April 04, 2018, 04:39:31 PM
 #31

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.
The use of the current crypto currency can not be regarded as a gambling in a casino. Crypto currency significantly increased the level of financial relations in the world, presenting ordinary citizens more financial freedom, anonymity and confidentiality at the disposal of their funds. However, without some excesses, it does not do. I see that bitcoin can resemble a gambling when investing in it in the event that it rises too high in its value. Then the rates will be very high. Investors will either continue to receive their superprofits, or the price of bitcoin due to some negative information will begin to drop sharply and bitcoin may depreciate in a very short time due to the panic that has arisen.
In other cases, we can assume that the crypto currency has come to us seriously and for a long time.
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April 04, 2018, 07:13:02 PM
 #32

That doesnt seem to be the best way to describe something as incredible and innovative as bitcoin. It is such a groundbreaking invention that is leading to hundreds and thousands of other implications of blockchain system.

It might be a tax for those uninformes or those who are really not willing to know anything about it yet buy it. Or else its a nice investment mode wherein people have shown enourmous trust and support.

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April 04, 2018, 07:16:18 PM
 #33

Yes bitcoin can eliminate unemployment, but just think that if all people sit at home and try to make money on bitcoin, the market will fall. or I have another picture of the future that will divide the whole world into those who have bitcoin and those who do not.
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April 04, 2018, 07:29:55 PM
 #34

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.

Um. Lets start with taxes. Taxes are levied by a GOVERNMENTAL AUTHORITY. Never by a casino or lottery.(?) Nor does bitcoin have the governmental authority to demand a tax.  The only taxes involved in BTC are what your government imposes.

Second. Bitcoin is not a game, it is money. Nothing more or less, just money. You are fee to use it, in fact you can't be stopped from using it. I suppose if you do have "low intelligence" you are more likely to act foolishly and lose your money. But that is not a bitcoin problem. Such a person is likely to lose their money anyway. They'll  get swindled in a phone scam or something.  

Maybe you were just being metaphorical? In which case we could say that life's challenges are a tax on the stupid.
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April 04, 2018, 11:18:42 PM
 #35

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.
actually i sense that like in our country we don't have fees but if sell our btc to them price is low compare to exchanger or trading site but still bitcoin is good to use

I think even we have fee here we need to accept that because crypto run by so much conveniece so we need to pay for that another thing this is for extra income only because we can earn here without invest but still it's good for investing
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April 04, 2018, 11:29:48 PM
 #36

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.

What are doing here among the stupid community? You are a member in this forum from August, 2017 and you have made 573 posts. I cannot understand why you are wasting your time.
Wish you knew how the bitcoin can be useful in near future and how much money have some people earned and how much they are earning.


i agree with you mate, he free to get out herein community is almost a year he stay herein bitcointalk community but they didn't understand how much the bitcoin importance as virtulal crypto currency, nothing reason to stay herein community if until now he didn't understand the bitcoin principle as volatile currency.

i suggest get an hammer use for he's head to woke up their mind in the wrong understanding about crypto hahaha lol Shocked.
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April 04, 2018, 11:56:27 PM
 #37

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.

I don't think you understand what a tax is. A tax is literally a charge imposed by the government to pay / fund public expenses / projects. Bitcoin neither pays not funds public expenses. Countries could impose taxes on Bitcoin, but that would still not make Bitcoin a tax.
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April 05, 2018, 01:09:40 PM
 #38

It is not a tax, how is it a tax?
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October 14, 2018, 05:40:00 PM
 #39

Bitcoin is not a currency issued by any country. So, why tax will come? It is entirely outside the control of the government.
And if it is legitimized, it will probably pay off our usual money.
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October 14, 2018, 05:54:58 PM
 #40

Bitcoin is not a casino but bitcoin is a digital currency that is worth investing in. There is no tax in bitcoin because bitcoin is decentralized and not regulated by the government.

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