Bitcoin is a tax - page 7. | Bitcointalksearch.org

RodeoX

legendary

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The revolution will be monetized!

Quote from: freightjoe on April 01, 2018, 06:08:25 AM

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.
Grin

poli.isk

newbie

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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.

fiulpro

hero member

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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.

Rustamm

member

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Bitcoin lover!

Quote from: freightjoe on April 01, 2018, 06:08:25 AM

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.

FalcoonRed

newbie

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Quote from: freightjoe on April 01, 2018, 06:08:25 AM

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.

zelenkova

member

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Bitcoin is free from the dependence of any currency, and he himself is gaining a price or declining,
poet and taxes.

svetochka.yakovleva.93

member

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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.

taylorsara

newbie

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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.

PauloLuks

member

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Merit: 11

Quote from: freightjoe on April 01, 2018, 06:08:25 AM

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.

Mia_pikachu

member

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Merit: 11

Quote from: filharvey on April 02, 2018, 06:31:35 PM

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.

Whibu

jr. member

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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.

zvs

legendary

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https://web.archive.org/web/*/nogleg.com

Quote from: freightjoe on April 01, 2018, 06:08:25 AM

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

FurDich

member

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Merit: 10

Quote from: freightjoe on April 01, 2018, 06:08:25 AM

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.

filharvey

hero member

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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.

iconternal

jr. member

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Your comparison is so unreasonable, a casino is a gambling place where bitcoin plunges into good trade and investment, I think you misunderstand.

Irwandho

newbie

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Quote from: spiker777 on April 01, 2018, 06:45:45 AM

"Bitcoin is a tax on stupidity", the fact that even wrote such a ridiculous sentence clearly demonstrates that you are the stupid one.

Bitcoin isn't a tax at all, it isn't collected by the government to pay for public services, it isn't forcibly charged to country residents. Bitcoin includes a mining fee yes, but that is a fee rather than a tax, and it is optional technically, but due to supply and demand, you better pay that fee if you want your transaction confirmed quickly.

My opinion of bitcoin is pure trading or as a means of transaction and not a tax levy

jason.romano

newbie

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Such a stupid thought! Bitcoin doesn't have taxation process as government doesn't have any intervention to bitcoin. Bitcoin is an independent decentralised coin which works peer to peer. Beforing spreading negetivity, have some knowlegde about it.

bitfocus

member

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Merit: 15

first of all, bitcoin is not a tax or anything for stupid people, rather, bitcoin is a good investment if you have enough patience and can use only your extra bucks, no mortgage or credit cards. then comes the second thing, bitcoin is a taxable income and investment. and final thing is, please use your precious time on something you really like or love - that will help you to be successful, please stop wasting your valuable time with "Stupid People" like us.

HeRetiK

legendary

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Playgram - The Telegram Casino

Quote from: freightjoe on April 01, 2018, 06:23:43 AM

Quote from: ahmadakbari on April 01, 2018, 06:14:31 AM

Quote from: freightjoe on April 01, 2018, 06:08:25 AM

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.

Casino owners also earn a lot of money - just like people behind crypto exchanges as ell as miners are making a lot of money. But the "investors" are like the gamblers. A few are lucky, just like the guy who wins at the slotmachine, but the vast vast majority will come out of this as losers.

Not everything that involves risk is automatically a casino. If everyone would follow this mindset humanity would still forage and hunt. Not necessarily a bad thing, mind you. But I've heard there's this thing called fire that some of the tribes are using to keep warm and cook their meat. Surely they must be crazy to take such a gamble.

Risk taking is part of what drives mankind forward. With every new innovation its inventor and society is taking a gamble on whether it will improve their lives.

What's your opinion on the stock market? Founding a company? Technological progress?

freightjoe

full member

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Quote from: spiker777 on April 01, 2018, 06:45:45 AM

"Bitcoin is a tax on stupidity", the fact that even wrote such a ridiculous sentence clearly demonstrates that you are the stupid one.

Bitcoin isn't a tax at all, it isn't collected by the government to pay for public services, it isn't forcibly charged to country residents. Bitcoin includes a mining fee yes, but that is a fee rather than a tax, and it is optional technically, but due to supply and demand, you better pay that fee if you want your transaction confirmed quickly.

Thank you for proving my point

Topic: Bitcoin is a tax - page 7. (Read 1269 times)