Topic: [BIG EVENT] BITCOIN IS NOW A LEGAL PAYMENT METHOD AND A CURRENCY IN THE EU !!!!! - page 3. (Read 2479 times)
October 23, 2015, 10:41:31 AM
That's really awesome news..we see that our support for Bitcoin currency have finally good results, and we are happy that Bitcoin become finally legal currency and legal payment method in The EU, the EU isn't small country (respecting every country) it's already the greatest economical community worldwide, so we are really happy to hear this good news
October 23, 2015, 10:13:23 AM
Bitcoin is not a legal payment in EU. The court judge regarding tax payment only. You can check here http://curia.europa.eu/juris/document/document.jsf?text=&docid=170305&pageIndex=0&doclang=EN&mode=req&dir=&occ=first&part=1&cid=1003453 
it's just not regualted, you can use, it, and maybe there are not tax for it, because they don't know how to qualify it yet
so aside from vat-free for now bitcoin is partially tax-free in EU
October 23, 2015, 09:16:50 AM
Bitcoin is not a legal payment in EU. The court judge regarding tax payment only. You can check here http://curia.europa.eu/juris/document/document.jsf?text=&docid=170305&pageIndex=0&doclang=EN&mode=req&dir=&occ=first&part=1&cid=1003453
In what part of the document states that it is an illegal form of payment?
I couldn't see it anywhere.
October 23, 2015, 09:13:44 AM
The court judge regarding tax payment only. You can check here http://curia.europa.eu/juris/document/document.jsf?text=&docid=170305&pageIndex=0&doclang=EN&mode=req&dir=&occ=first&part=1&cid=1003453
October 23, 2015, 09:00:29 AM
For those wondering about the importance of this event, well... European Union is simply the biggest economy in the entire world. cf : https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
That's why we shouldn't just let this pass on for a day. Also, since Sweden is trying to be the first cashless society in the world, they could implement or use bitcoins side by side with their cards. If othera follow suit, I do not expect a boom in price but rather:
1 bitcoin = 1 bitcoin
October 23, 2015, 08:58:45 AM
The only way for bitcoin is up from now on. It's just a matter of time when bitcoin eats up current fiats.
October 23, 2015, 08:54:37 AM
Really nice by EU to not ruin everyone's savings with ridiculous taxes. I wonder how they will actually tax the stuff tho. I still don't know how to do it. Do you tax your stack of BTC and pay %increment in your total wealth, your BTC total, or you need to put every single trade you ever did? (I think Americans have to do this which is insanely annoying). Im not an economist and usually hand my taxes to my brother which knows how this stuff works, but I asked about Bitcoin and he didn't know what it is.
there is still taxes on capital gain, this is only for vat, and i'm sure you must declare if you run a serious mining activity in euro, but i presume none is running one that is big enough
Yeah but what if the Bitcoins you made off a sig campaign are worth 1 million dollars in 10 years and you didn't report a single coin to the IRS (or somewhere else if you are from Europe.. whatever equivalent there's on your country for the taxing agency)
Can you run into problems, or you will just get taxed on that million dollar, or whatever amount it is once you decide to tell them you own BTC? It's very confusing.
October 23, 2015, 08:52:43 AM
For those wondering about the importance of this event, well... European Union is simply the biggest economy in the entire world. cf : https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
October 23, 2015, 08:25:13 AM
One step closer to people taking it seriously and reaching the massive, this indeed is fantastic news!
October 23, 2015, 08:24:08 AM
well im into portugal soo this better be real news im going to have btc more thanks
October 23, 2015, 08:20:52 AM
Yeah this news is a really big deal. This is truly huge, prob some of the best news we have had all year relating to Bitcoin in my opinion. I suspect it might take some time for the gravity of this to truly sink in. I also suspect that many of us have grown somewhat desensitized from all of the good news and have started to adopt the thinking that good news is paradoxically linked to a price drop. I am hoping that this news will break that trend.
Exactly what I thought, that's pretty sad in my opinion.
Reddit is in the same case, biggest upvoted post on /r bitcoin are some gif, funny images and unrevelant news. But when the time come for something real, nobody reacts, they're all like "yeah that's cool".
Nah guys, it's not "just cool", this is the biggest victory Bitcoin had since its creation.
October 23, 2015, 08:14:58 AM
Yeah this news is a really big deal. This is truly huge, prob some of the best news we have had all year relating to Bitcoin in my opinion. I suspect it might take some time for the gravity of this to truly sink in. I also suspect that many of us have grown somewhat desensitized from all of the good news and have started to adopt the thinking that good news is paradoxically linked to a price drop. I am hoping that this news will break that trend.
October 23, 2015, 07:25:52 AM
Wake guys, what the hell on this forum is happening, it seems people don't give a single fuck !
It's not like all these times when you come on this forum and see hundreds of dudes telling you the news of the year everyday, nah.
Today, it is really something, not like all these shit events with 0 real meaning used to create insane hype and madness bubble, nah.
It's not like all these times when you come on this forum and see hundreds of dudes telling you the news of the year everyday, nah.
Today, it is really something, not like all these shit events with 0 real meaning used to create insane hype and madness bubble, nah.
THIS
IS
THE
BIGGEST
BITCOIN
EVENT
SINCE
FEW
YEARS
IS
THE
BIGGEST
BITCOIN
EVENT
SINCE
FEW
YEARS
October 23, 2015, 07:15:02 AM
Really nice by EU to not ruin everyone's savings with ridiculous taxes. I wonder how they will actually tax the stuff tho. I still don't know how to do it. Do you tax your stack of BTC and pay %increment in your total wealth, your BTC total, or you need to put every single trade you ever did? (I think Americans have to do this which is insanely annoying). Im not an economist and usually hand my taxes to my brother which knows how this stuff works, but I asked about Bitcoin and he didn't know what it is.
there is still taxes on capital gain, this is only for vat, and i'm sure you must declare if you run a serious mining activity in euro, but i presume none is running one that is big enough
Well, who cares about the tax free story when there is a currency recognition behind
October 23, 2015, 02:32:29 AM
Really nice by EU to not ruin everyone's savings with ridiculous taxes. I wonder how they will actually tax the stuff tho. I still don't know how to do it. Do you tax your stack of BTC and pay %increment in your total wealth, your BTC total, or you need to put every single trade you ever did? (I think Americans have to do this which is insanely annoying). Im not an economist and usually hand my taxes to my brother which knows how this stuff works, but I asked about Bitcoin and he didn't know what it is.
there is still taxes on capital gain, this is only for vat, and i'm sure you must declare if you run a serious mining activity in euro, but i presume none is running one that is big enough
October 22, 2015, 02:51:12 PM
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YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEES
WE FUCKING WIN
https://media.giphy.com/media/GvLbiVQfYDCtW/giphy.gif
YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEES
WE FUCKING WIN
https://media.giphy.com/media/GvLbiVQfYDCtW/giphy.gif
October 22, 2015, 01:35:06 PM
Really nice by EU to not ruin everyone's savings with ridiculous taxes. I wonder how they will actually tax the stuff tho. I still don't know how to do it. Do you tax your stack of BTC and pay %increment in your total wealth, your BTC total, or you need to put every single trade you ever did? (I think Americans have to do this which is insanely annoying). Im not an economist and usually hand my taxes to my brother which knows how this stuff works, but I asked about Bitcoin and he didn't know what it is.
October 22, 2015, 01:12:45 PM
There is the post guys, make sure it goes to reddit frontpage so everyone in the world will know bitcoin is now an official currency in the european fucking union !
For those wondering about the importance of this event, well... European Union is simply the biggest economy in the entire world. cf : https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
For those wondering about the importance of this event, well... European Union is simply the biggest economy in the entire world. cf : https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
V I C T O R Y
TL;TR Well dudes, it means that the EUJC (European Union Justice Court) decided that the transfer from EUR to BTC is tax exempt...
BECAUSE THEY OFFICIALLY CONSIDER BITCOIN AS A F-C-K-I-N-G
CURRENCY
BECAUSE THEY OFFICIALLY CONSIDER BITCOIN AS A F-C-K-I-N-G
CURRENCY
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