Rols
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 12:39:37 PM |
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Have to write this:
All ppl dont have to declare tax but all companies have too declare taxes. As a person that do some small trading you can avoid being taxed if you use an exchange that only deals with crypto. If you move your crypto over to fiat money then you have to declare tax but not pay tax if its under the minimum levels of income. A exchange that deals with crypto only and are an company cant avoid to declare taxes.
UK an my country have not put up much guidlines for crypto. They are still unsure about how to deal with crypto and there is a large amount of ppl that are just satoshi trading. If something happens they will use old laws as a base of decisions.
US rregulations spill over to other countries and if you have US costumers then you have to be more carefull because US government applies their laws to you also.
OK, but remember in the UK we declare the income of the company. Right now we don't even have a UK or any business bank account. We cannot take FIAT, it is impossible. No account, nothing to declare, means no tax. Also on top of this if our own personal expenditure on servers etc. is taken as company outgoings then we are in fact running at a loss, again, this would mean, no tax. So..... Running at loss dont mean that you dont have to declare tax. It means that you dont have to pay tax. Even if you dont use a single coin of fiat you have to send in your declaration. You can avoid paying taxes by using servers paid with bitcoins and other things. Sometimes it is good to use fiat because you can take out same amount of fiat that you put into the company with some rent. As devs you can decide to put in fiat money or bitcoin this year and next year you can take them out if the companiy goes well. Government can decide to tax you anyway even if you dont use fiat. Rules changes and there are not much guidlines. One excample of something ppl dont know much: One person sells some coins that can not be used in real life,he sells it on auction sites. He dont pay tax for it and its good. Then he do 30 auctions and the government wants tax from him because they say he should have a company to do that or its to much to be considered normal without declaration.
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SLievensDRKSLK
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 12:42:51 PM |
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Have to write this:
All ppl dont have to declare tax but all companies have too declare taxes. As a person that do some small trading you can avoid being taxed if you use an exchange that only deals with crypto. If you move your crypto over to fiat money then you have to declare tax but not pay tax if its under the minimum levels of income. A exchange that deals with crypto only and are an company cant avoid to declare taxes.
UK an my country have not put up much guidlines for crypto. They are still unsure about how to deal with crypto and there is a large amount of ppl that are just satoshi trading. If something happens they will use old laws as a base of decisions.
US rregulations spill over to other countries and if you have US costumers then you have to be more carefull because US government applies their laws to you also.
OK, but remember in the UK we declare the income of the company. Right now we don't even have a UK or any business bank account. We cannot take FIAT, it is impossible. No account, nothing to declare, means no tax. Also on top of this if our own personal expenditure on servers etc. is taken as company outgoings then we are in fact running at a loss, again, this would mean, no tax. So..... Running at loss dont mean that you dont have to declare tax. It means that you dont have to pay tax. Even if you dont use a single coin of fiat you have to send in your declaration. You can avoid paying taxes by using servers paid with bitcoins and other things. Sometimes it is good to use fiat because you can take out same amount of fiat that you put into the company with some rent. As devs you can decide to put in fiat money or bitcoin this year and next year you can take them out if the companiy goes well. Government can decide to tax you anyway even if you dont use fiat. Rules changes and there are not much guidlines. One excample of something ppl dont know much: One person sells some coins that can not be used in real life,he sells it on auction sites. He dont pay tax for it and its good. Then he do 30 auctions and the government wants tax from him because they say he should have a company to do that or its to much to be considered normal without declaration. I would just like everyone to be aware that we are taking everything into account and had looked into taxation and declaration of tax prior to registering Silk Network as a Ltd on the 21st of December 2015. Bottom line is this, we are not a bunch of children playing with peoples investments and time.
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Rols
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 01:08:38 PM |
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Have to write this:
All ppl dont have to declare tax but all companies have too declare taxes. As a person that do some small trading you can avoid being taxed if you use an exchange that only deals with crypto. If you move your crypto over to fiat money then you have to declare tax but not pay tax if its under the minimum levels of income. A exchange that deals with crypto only and are an company cant avoid to declare taxes.
UK an my country have not put up much guidlines for crypto. They are still unsure about how to deal with crypto and there is a large amount of ppl that are just satoshi trading. If something happens they will use old laws as a base of decisions.
US rregulations spill over to other countries and if you have US costumers then you have to be more carefull because US government applies their laws to you also.
OK, but remember in the UK we declare the income of the company. Right now we don't even have a UK or any business bank account. We cannot take FIAT, it is impossible. No account, nothing to declare, means no tax. Also on top of this if our own personal expenditure on servers etc. is taken as company outgoings then we are in fact running at a loss, again, this would mean, no tax. So..... Running at loss dont mean that you dont have to declare tax. It means that you dont have to pay tax. Even if you dont use a single coin of fiat you have to send in your declaration. You can avoid paying taxes by using servers paid with bitcoins and other things. Sometimes it is good to use fiat because you can take out same amount of fiat that you put into the company with some rent. As devs you can decide to put in fiat money or bitcoin this year and next year you can take them out if the companiy goes well. Government can decide to tax you anyway even if you dont use fiat. Rules changes and there are not much guidlines. One excample of something ppl dont know much: One person sells some coins that can not be used in real life,he sells it on auction sites. He dont pay tax for it and its good. Then he do 30 auctions and the government wants tax from him because they say he should have a company to do that or its to much to be considered normal without declaration. I would just like everyone to be aware that we are taking everything into account and had looked into taxation and declaration of tax prior to registering Silk Network as a Ltd on the 21st of December 2015. Bottom line is this, we are not a bunch of children playing with peoples investments and time. I know that you want a company to show that you are a bunch of honest ppl. What I have seen so far from other work is that you are that. Starting a company with crypto means a lot of other work and papers and declarations. I have not any problems with investing some in darksilk coin when it is released. I dont invest in Dash or other shitcoins. Good luck with your work. I dont invest in coins, I invest in ppl behind it.
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Orestes
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 01:27:17 PM |
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So, let us get this clear before you look at the image below and all get overly excited. This is NOT a partnership with Microsoft, it is NOT a teaming up with Microsoft. All other coins that have done the same as this i.e. SysCoin, Dash, Ethereum have all signed the exact same document. Yes, this is very good and yes it is very very useful to be on the Microsoft Azure cloud and have a one press setup for nodes, BUT, this should not influence price of any coin, because, any coin can do this, it isn't anything special. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwuDqp97.png&t=665&c=tmsVspd3tRvjmw) You say this while humbling yourself by downplaying the importance of it. Sure its not a partneship or team-up with Microsoft. But what it does mean is that the underlying code the silk network uses is legit and verified.It means that the Silk project is a real contender going after top coins! Something for investors to consider at this low price point.
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Xtrata
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 01:42:13 PM |
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So, let us get this clear before you look at the image below and all get overly excited. This is NOT a partnership with Microsoft, it is NOT a teaming up with Microsoft. All other coins that have done the same as this i.e. SysCoin, Dash, Ethereum have all signed the exact same document. Yes, this is very good and yes it is very very useful to be on the Microsoft Azure cloud and have a one press setup for nodes, BUT, this should not influence price of any coin, because, any coin can do this, it isn't anything special. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwuDqp97.png&t=665&c=tmsVspd3tRvjmw) You say this while humbling yourself by downplaying the importance of it. Sure its not a partneship or team-up with Microsoft. But what it does mean is that the underlying code the silk network uses is legit and verified.It means that the Silk project is a real contender going after top coins! Something for investors to consider at this low price point.I wish I had more BTC to buy Silkcoin...
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Solero
Newbie
Offline
Activity: 56
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 02:43:30 PM |
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So, let us get this clear before you look at the image below and all get overly excited. This is NOT a partnership with Microsoft, it is NOT a teaming up with Microsoft. All other coins that have done the same as this i.e. SysCoin, Dash, Ethereum have all signed the exact same document. Yes, this is very good and yes it is very very useful to be on the Microsoft Azure cloud and have a one press setup for nodes, BUT, this should not influence price of any coin, because, any coin can do this, it isn't anything special. https://i.imgur.com/wuDqp97.pngYou say this while humbling yourself by downplaying the importance of it. Sure its not a partneship or team-up with Microsoft. But what it does mean is that the underlying code the silk network uses is legit and verified.It means that the Silk project is a real contender going after top coins! Something for investors to consider at this low price point.I wish I had more BTC to buy Silkcoin... Same Xtrata... I did my research and the devs are really making some good progresses with good communication to the community. This last thing is rarely seen in altcoins. Praying for a slight drop to get one more last chance of cheap coins. Don't think we'll see 3 figure satoshi prices (xxx) ever again ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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Xtrata
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 02:50:51 PM |
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So, let us get this clear before you look at the image below and all get overly excited. This is NOT a partnership with Microsoft, it is NOT a teaming up with Microsoft. All other coins that have done the same as this i.e. SysCoin, Dash, Ethereum have all signed the exact same document. Yes, this is very good and yes it is very very useful to be on the Microsoft Azure cloud and have a one press setup for nodes, BUT, this should not influence price of any coin, because, any coin can do this, it isn't anything special. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwuDqp97.png&t=665&c=tmsVspd3tRvjmw) You say this while humbling yourself by downplaying the importance of it. Sure its not a partneship or team-up with Microsoft. But what it does mean is that the underlying code the silk network uses is legit and verified.It means that the Silk project is a real contender going after top coins! Something for investors to consider at this low price point.I wish I had more BTC to buy Silkcoin... Same Xtrata... I did my research and the devs are really making some good progresses with good communication to the community. This last thing is rarely seen in altcoins. Praying for a slight drop to get one more last chance of cheap coins. Don't think we'll see 3 figure satoshi prices (xxx) ever again ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I think everything below 5k sat would be considered cheap still when things get rolling. I will sit patiently waiting ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Dimitry
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 04:41:37 PM |
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I;m getting FUDDD HORNY in here
I NEED MORE FUDDD
I;m already wearing my DRESS and HIGH HEELS LETS GOO
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SLievensDRKSLK
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 10:02:08 PM |
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I;m getting FUDDD HORNY in here
I NEED MORE FUDDD
I;m already wearing my DRESS and HIGH HEELS LETS GOO
It always amazes me how bitcointalk can erupt into a frenzy then just fall completely silent and peaceful....... or have I spoken too soon?
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Xtrata
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 10:30:09 PM |
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I;m getting FUDDD HORNY in here
I NEED MORE FUDDD
I;m already wearing my DRESS and HIGH HEELS LETS GOO
It always amazes me how bitcointalk can erupt into a frenzy then just fall completely silent and peaceful....... or have I spoken too soon? Expect more FUD coming, hope its in this thread tho so the new one can be clean.
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Dimitry
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 25, 2016, 10:55:08 PM |
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I have a long relation with Silk and artelis and know for fact it will succeed.(team/dedication/commitment)
Thats why I like the Trolls fudding in here for a cheaper price.
At this stage I will be at the sidelines spectating and enjoying the show.
Have a good one! "Silk Team"
let the Camel march
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ttoroie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 05:22:49 AM |
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I;m getting FUDDD HORNY in here
I NEED MORE FUDDD
I;m already wearing my DRESS and HIGH HEELS LETS GOO
It always amazes me how bitcointalk can erupt into a frenzy then just fall completely silent and peaceful....... or have I spoken too soon? Doesn't mater when you speak ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Some will always disagree with you What really amaze me is: For the love of cryptoworld How can you be so calm?
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Orestes
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 08:57:54 AM |
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I have a long relation with Silk and artelis and know for fact it will succeed.(team/dedication/commitment)
Thats why I like the Trolls fudding in here for a cheaper price.
At this stage I will be at the sidelines spectating and enjoying the show.
Have a good one! "Silk Team"
let the Camel march
Silkcoin right now is undervalued not overvalued, heaving a steady and solid increase in price also equates to raising awairness. Small dips because of fud do not really undermine the climb, as they harden the lower barrier, but they are annoying at this stage. The image that comes up to me is much like Frank 'the tank' going streaking in the movie Old Skool. It might serve a purpose but the timing was off. Other then that, I see that what you say checks out: https://bitcointalk.org/index.php?topic=676976.705;wapso welcome back, oh and make sure you buy them dips ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) edit: come to think of it there might be a lot of people coming back here once the big attention is on us. So be prepared for a wave of 'Old Skoolers'.
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Solero
Newbie
Offline
Activity: 56
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 09:04:58 AM |
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True that ttoroie! And probably because he handles it with care like it's his baby ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) One love ^^
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ttoroie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 10:08:01 AM |
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True that ttoroie! And probably because he handles it with care like it's his baby ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) One love ^^ One more reason to trust him guys ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ttoroie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 10:19:16 AM |
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Rols
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 11:36:17 AM |
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I;m getting FUDDD HORNY in here
I NEED MORE FUDDD
I;m already wearing my DRESS and HIGH HEELS LETS GOO
It always amazes me how bitcointalk can erupt into a frenzy then just fall completely silent and peaceful....... or have I spoken too soon? Expect more FUD coming, hope its in this thread tho so the new one can be clean. Be carefull to not go that way. Its a difference between fud and asking for information. Discussions about things are good. To say everything that you dont like is fud is what childs do. Many coins have fanboys that just keep using the word fud and ppl get scared of coins like that because if you strangle truth then what have you left? Darksilk looks good and its not released so talking about fud when there is not any price on it are just a waste of time. I hope this thread can stay away from this black or white thing about information. This coin is too good I think to have this. Well, in my eyes this coin looks good.
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SLievensDRKSLK
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 11:59:00 AM |
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Fear, uncertainty and doubt are simply human nature, it is to be expected.
The difference here is that we have done our research and are steadfast in the direction we are headed.
FUD simply brings up questions, forces us to reaffirm our information and answer those questions correctly and as fully as possible.
I welcome questions, criticism and uncertainty. It is our job to answer questions and quell fear.
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 01:26:27 PM |
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Fear, uncertainty and doubt are simply human nature, it is to be expected.
The difference here is that we have done our research and are steadfast in the direction we are headed.
FUD simply brings up questions, forces us to reaffirm our information and answer those questions correctly and as fully as possible.
I welcome questions, criticism and uncertainty. It is our job to answer questions and quell fear.
Sometimes I believe a dev like you is too good to be true but so far so good. You delivered most of the things you said so far and that leaves no space to criticism from my side. I'm an active investor since february and I'm insanely waiting for the release
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SLievensDRKSLK
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2016, 01:34:10 PM |
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Fear, uncertainty and doubt are simply human nature, it is to be expected.
The difference here is that we have done our research and are steadfast in the direction we are headed.
FUD simply brings up questions, forces us to reaffirm our information and answer those questions correctly and as fully as possible.
I welcome questions, criticism and uncertainty. It is our job to answer questions and quell fear.
Sometimes I believe a dev like you is too good to be true but so far so good. You delivered most of the things you said so far and that leaves no space to criticism from my side. I'm an active investor since february and I'm insanely waiting for the release Well, in life, normally, when something is too good to be true, it normally is. But in this case, yes, I am doing what I say and will continue to do so.
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