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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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LiteCoinGuy
Legendary
 Offline
Activity: 1148
Merit: 1010
In Satoshi I Trust
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December 04, 2013, 10:50:15 PM |
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i guess we will see some bitcoiners with this  |
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pand70
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December 04, 2013, 10:55:21 PM |
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The title is a bit misleading. It was a tesla that was sold not a lambo  |
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flamebirdstudios
Newbie
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Activity: 32
Merit: 0
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December 04, 2013, 10:57:39 PM |
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The title is a bit misleading. It was a tesla that was sold not a lambo It was a lomborghini dealership. Same way you can go to a Toyota dealership and buy a honda |
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C10H15N
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December 04, 2013, 11:06:55 PM |
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In a few years everyone will be amazed that he spent enough bitcoin on a Tesla Model S to buy a G6 (Gulfstream, not Pontiac).  |
Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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December 04, 2013, 11:09:06 PM |
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In a few years everyone will be amazed that he spent enough bitcoin on a Tesla Model S to buy a G6 (Gulfstream, not Pontiac). LOL  |
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cfrm
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December 04, 2013, 11:09:22 PM |
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That Tesla sure is nice looking. Quite funny the news came just now, as I was watching a documentary about electric cars and how close Tesla was to going bankrupt.
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pand70
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December 05, 2013, 01:09:49 AM |
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The title is a bit misleading. It was a tesla that was sold not a lambo It was a lomborghini dealership. Same way you can go to a Toyota dealership and buy a honda Yes but hondas and toyotas are in the same league. Tesla's are nowhere near lambo's. Actually is an insult even mentioning lamborghini and that crappy electrical things in the same sentence. |
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beetcoin
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December 05, 2013, 01:12:00 AM |
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so if he purchased straight from BTC.. does that mean he doesn't have to pay his capital gains taxes?
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goxed
Legendary
Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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December 05, 2013, 02:22:47 AM |
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The title is a bit misleading. It was a tesla that was sold not a lambo It was a lomborghini dealership. Same way you can go to a Toyota dealership and buy a honda Yes but hondas and toyotas are in the same league. Tesla's are nowhere near lambo's. Actually is an insult even mentioning lamborghini and that crappy electrical things in the same sentence. Let's get educated http://www.youtube.com/watch?v=vvHTN0Yi1t4 |
Revewing Bitcoin / Crypto mining Hardware.
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goxed
Legendary
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Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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December 05, 2013, 02:27:55 AM |
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In a few years everyone will be amazed that he spent enough bitcoin on a Tesla Model S to buy a G6 (Gulfstream, not Pontiac).  |
Revewing Bitcoin / Crypto mining Hardware.
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bitcool
Legendary
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Activity: 1441
Merit: 1000
Live and enjoy experiments
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December 05, 2013, 02:28:43 AM |
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so if he purchased straight from BTC.. does that mean he doesn't have to pay his capital gains taxes?
I don't think anybody knows. During the senate hearing, IRS said they were still " working on clarifications". |
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bitcool
Legendary
Offline
Activity: 1441
Merit: 1000
Live and enjoy experiments
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December 05, 2013, 02:30:58 AM |
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Yes but hondas and toyotas are in the same league. Tesla's are nowhere near lambo's. Actually is an insult even mentioning lamborghini and that crappy electrical things in the same sentence.
who cares the lambo, I want that crappy electrical thing |
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StarfishPrime
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December 05, 2013, 02:57:18 AM |
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Yes but hondas and toyotas are in the same league. Tesla's are nowhere near lambo's. Actually is an insult even mentioning lamborghini and that crappy electrical things in the same sentence.
who cares the lambo, I want that crappy electrical thing+1 for the Tesla. Elon Musk should be taking his USD 5K Tesla deposits in BTC - for conversion to USD at purchase/delivery time. He'd get more than a few takers on that. |
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TorCoin.....
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knight22
Legendary
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Activity: 1372
Merit: 1000
--------------->¿?
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December 05, 2013, 03:11:15 AM |
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I think this is a result from ybitcoin distribution |
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kjlimo
Legendary
Offline
Activity: 2086
Merit: 1031
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December 05, 2013, 05:54:40 AM |
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so if he purchased straight from BTC.. does that mean he doesn't have to pay his capital gains taxes?
I don't think anybody knows. During the senate hearing, IRS said they were still " working on clarifications". If you buy a raffle ticket for a car and win the car, you have the claim the car as income... wouldn't this be similar? So you have two options I suppose, either one record the capital gains and then purchase your car. Or say you spent X on something that earned you a car worth $XX,XXX and claim the $XX,XXX - $X as "other income." Do whichever has the lower tax rate? |
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kjlimo
Legendary
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Activity: 2086
Merit: 1031
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December 05, 2013, 05:55:48 AM |
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Also, We just sold our very first vehicle with Bitcoin as legal tender! legal tender??? I think not... They just accepted bitcoin as acceptable "payment." |
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Tomatocage
Legendary
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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December 05, 2013, 02:16:14 PM |
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Does anybody else see the irony in this? Musk/PayPal/Bitcoin kekeke ^_^
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jamesg (OP)
VIP
Legendary
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Activity: 1358
Merit: 1000
AKA: gigavps
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December 05, 2013, 02:23:08 PM |
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Does anybody else see the irony in this? Musk/PayPal/Bitcoin kekeke ^_^
I'd rather think of the irony that an electronic currency purchasing a fully electric vehicle. |
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TheButterZone
Legendary
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Activity: 3052
Merit: 1031
RIP Mommy
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December 06, 2013, 11:18:35 AM |
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Saying that you don't trust someone because of their behavior is completely valid.
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