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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 128. (Read 704506 times)

hv_
legendary
Activity: 2534
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Clean Code and Scale
member
Activity: 402
Merit: 45

Even if it is true, wouldn't there be a huge tax involved? Plus, whith a huge law suit pending, I don't think this would be a good move at all.

Why would a huge tax be involved? Wright is natively Australian. Currently residing in UK? I don't know anything about their taxation laws, but I do know some about that of the US. Being from common legal heritage, I might imagine (admittedly, with some ignorance) that these jurisdictions have taxation laws similar to the US. In the US, wealth itself does not require taxation thereupon. Only in executing a taxable event is a tax obligation incurred. Such as selling for fiat. Or direct purchase of items using the Bitcoin itself.

funny, interesting, a new TRAFALGAR coup?
if true, this person will have the power to generate a worldwide event, if done properly..
get the BCH, sell the BTC, and then create a corner in BCH with the funds of the sale....
legendary
Activity: 1806
Merit: 1828

Even if it is true, wouldn't there be a huge tax involved? Plus, whith a huge law suit pending, I don't think this would be a good move at all.

Why would a huge tax be involved? Wright is natively Australian. Currently residing in UK? I don't know anything about their taxation laws, but I do know some about that of the US. Being from common legal heritage, I might imagine (admittedly, with some ignorance) that these jurisdictions have taxation laws similar to the US. In the US, wealth itself does not require taxation thereupon. Only in executing a taxable event is a tax obligation incurred. Such as selling for fiat. Or direct purchase of items using the Bitcoin itself.

In Australia, the act of trading one cryptocurrency for another is a taxable event. https://www.ato.gov.au/General/Gen/Tax-treatment-of-crypto-currencies-in-Australia---specifically-bitcoin/?page=2#Transacting_with_cryptocurrency It is a taxable event in the UK too. https://blocktax.uk/guide/ Also, if Satoshi is moving his coins, people are going to take notice, especially the attorneys for the Estate of Kleiman. This would be a dumb move, all around. Also, the hopes that this would somehow bolster the market value of BCH is rather speculative. It may give a temporary boost, but if CSW proves that he is Satoshi in this manner, I suspect that it will cause the value of BTC and BCH to plummet in the midterm; since many people don't care for him. Even if CSW just signs a message with one of the early coinbase private keys, it would likely have a negative impact on market value.
sr. member
Activity: 588
Merit: 251
EVOS
The future development of Bitcoin Cash is still worth looking forward to. At present, the price of BCH is relatively undervalued. It is worth investing in one third of the positions. I believe there will be a good return.
Now in such a thin and falling market it is hard to believe that Bch is underestimated. Such a sense of that all coin expensive and will continue to fall in price .
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight

Even if it is true, wouldn't there be a huge tax involved? Plus, whith a huge law suit pending, I don't think this would be a good move at all.

Why would a huge tax be involved? Wright is natively Australian. Currently residing in UK? I don't know anything about their taxation laws, but I do know some about that of the US. Being from common legal heritage, I might imagine (admittedly, with some ignorance) that these jurisdictions have taxation laws similar to the US. In the US, wealth itself does not require taxation thereupon. Only in executing a taxable event is a tax obligation incurred. Such as selling for fiat. Or direct purchase of items using the Bitcoin itself.
legendary
Activity: 1806
Merit: 1828

Even if it is true, wouldn't there be a huge tax involved? Plus, whith a huge law suit pending, I don't think this would be a good move at all.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
Bitcoin Cash received a 5-star rating from EF Hutton. Other ratings for top coins by market cap remain unavailable to the public without a subscription.
https://coincodex.com/article/2302/us-stock-broker-ef-hutton-starts-rating-cryptocurrencies/


^more evidence coincodex is a shady outfit :\ meh
legendary
Activity: 2632
Merit: 2386
$120000 in 2024 Confirmed
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
jr. member
Activity: 314
Merit: 6
Bitcoin Cash received a 5-star rating from EF Hutton. Other ratings for top coins by market cap remain unavailable to the public without a subscription.
https://coincodex.com/article/2302/us-stock-broker-ef-hutton-starts-rating-cryptocurrencies/
full member
Activity: 336
Merit: 100
The future development of Bitcoin Cash is still worth looking forward to. At present, the price of BCH is relatively undervalued. It is worth investing in one third of the positions. I believe there will be a good return.
sr. member
Activity: 530
Merit: 253
LDOGE aka Litedoge -stakeable 2.0 doge
I am running 1.8 but it is not syncing
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
1195 nodes out of 2027 are currently running Bitcoin ABC, making it by far and away the most popular client.

Yes, ABC with the first Bitcoin Cash client. Indeed, for the most critical period in the Bitcoin Cash history (other than the genesis block, of course), ABC was the only available client. As such, it enjoys incumbency status.

We'll see what happens by mid-November.
full member
Activity: 462
Merit: 103
It seems that again you can try to buy Bch . The market is slowly calming down, and growth may begin.

seems like price fluctuating during bear market as bitcoin dominance returns, over 50% now, til next bull run
full member
Activity: 462
Merit: 103
It seems that again you can try to buy Bch . The market is slowly calming down, and growth may begin.

Now we have good chance for nice pump on this weekend as markets are showing little recovery this bloodbath. I think so if we want to take risk than it has more better chance to generate good profit in short time of period.

only invest as much as you willing to lose, best investment is probably long term investment, dont cash out til business gains mass adoption, like when htc hit 20k
legendary
Activity: 1526
Merit: 1003
It seems that again you can try to buy Bch . The market is slowly calming down, and growth may begin.

Now we have good chance for nice pump on this weekend as markets are showing little recovery this bloodbath. I think so if we want to take risk than it has more better chance to generate good profit in short time of period.
sr. member
Activity: 588
Merit: 251
EVOS
It seems that again you can try to buy Bch . The market is slowly calming down, and growth may begin.
legendary
Activity: 2632
Merit: 2386
$120000 in 2024 Confirmed
Let those guys make another altcoin and to be honest it is good for many who holds Bitcoin to get free of those coins. It may cause of decline of value for real Bitcoin for temporary period but good recovery on the other side. It isn't bad to receive when it is totally free.

bcash is not free, most big players probably all teamed up and grab as many bitcoin as possible before the fork, then dumping them right after the fork
nonsense . the price (btc) went up to around $20000  post fork.  bch to btc now .079   what a joke . Oh I get it
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