Just sold my first fraction of a bitcoin

backtrackit

member

Activity: 112

Merit: 10

Quote from: Vod on March 06, 2014, 05:02:18 PM

Quote from: backtrackit on March 06, 2014, 04:06:18 PM

Is that an American thing "social assistance"?. But no don't claim anything for, don't want to accept it's happening to be honest, never been diagnosed not yet anyways.

Do you have to report the earnings with it been so little lol?

Thanks

Not an american thing; most countries have some form of social assistance. How have you been able to survive without working for years?

Most long term income programs allow you to make a little bit before it hurts your income, but you do need to declare it.

(When I say most, I mean those I know of, I may be grossly inaccurate about the rest of the world.)

I claim JSA (job seekers allowance) and thanks for info about declaring my income.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: backtrackit on March 06, 2014, 04:06:18 PM

Is that an American thing "social assistance"?. But no don't claim anything for, don't want to accept it's happening to be honest, never been diagnosed not yet anyways.

Do you have to report the earnings with it been so little lol?

Thanks

Not an american thing; most countries have some form of social assistance. How have you been able to survive without working for years?

Most long term income programs allow you to make a little bit before it hurts your income, but you do need to declare it.

(When I say most, I mean those I know of, I may be grossly inaccurate about the rest of the world.)

railzand

sr. member

Activity: 462

Merit: 250

Lux e tenebris

Quote from: backtrackit on March 06, 2014, 04:28:06 PM

Quote from: railzand on March 06, 2014, 04:25:48 PM

don't need to report it in theory till you paid for electric and rig, unless you reinvest profit in moar rig...

just dont mention it to them

keep up the good work, but also wait what you sold? aaargh dont sell hodl.

Hahaha I know was painful selling but had no choice. Had to put summat on electric meter and needed some bakky lol

electric + gpu + baccy = btc

backtrackit

member

Activity: 112

Merit: 10

Quote from: railzand on March 06, 2014, 04:25:48 PM

don't need to report it in theory till you paid for electric and rig, unless you reinvest profit in moar rig...

just dont mention it to them

keep up the good work, but also wait what you sold? aaargh dont sell hodl.

Hahaha I know was painful selling but had no choice. Had to put summat on electric meter and needed some bakky lol

railzand

sr. member

Activity: 462

Merit: 250

Lux e tenebris

don't need to report it in theory till you paid for electric and rig, unless you reinvest profit in moar rig...

just dont mention it to them

keep up the good work, but also wait what you sold? aaargh dont sell hodl.

backtrackit

member

Activity: 112

Merit: 10

Quote from: Vod on March 06, 2014, 04:02:28 PM

Quote from: backtrackit on March 06, 2014, 03:54:49 PM

Feels good been able make a bit of money mining alts and trading for bitcoin. Been out of work for years and find it hard getting employed (I have Schizophrenia) it's nice been able to cash some in, when I'm short on money even though it was only a tenner

.

So I'd like to say, Thank you to bitcoin and all it's supporters for making my life that little bit easier

.

You must be on social assistance?

Make sure you report your income!

And congrats!

Is that an American thing "social assistance"?. But no don't claim anything for, don't want to accept it's happening to be honest, never been diagnosed not yet anyways.

Do you have to report the earnings with it been so little lol?

Thanks

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: backtrackit on March 06, 2014, 03:54:49 PM

Feels good been able make a bit of money mining alts and trading for bitcoin. Been out of work for years and find it hard getting employed (I have Schizophrenia) it's nice been able to cash some in, when I'm short on money even though it was only a tenner

.

So I'd like to say, Thank you to bitcoin and all it's supporters for making my life that little bit easier

.

You must be on social assistance?

Make sure you report your income!

And congrats!

backtrackit

member

Activity: 112

Merit: 10

Feels good been able make a bit of money mining alts and trading for bitcoin. Been out of work for years and find it hard getting employed (I have Schizophrenia) it's nice been able to cash some in, when I'm short on money even though it was only a tenner

.

So I'd like to say, Thank you to bitcoin and all it's supporters for making my life that little bit easier

.

Topic: Just sold my first fraction of a bitcoin (Read 466 times)