Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15264. (Read 26715851 times)

Yeah, Trezor. My only question there is what happens if they get hacked, and is there a way to run your own trezor server on your own system (so you don't every have to depend on the Trezor company to be in business)?

I will pay 20% CGT - but a penny more and they will find out just what a determined bastard I can be.

Wheeeew!!!
Some celebration is in order, methinks. Pull out the good stuff! 

Yeah, Trezor. My only question there is what happens if they get hacked, and is there a way to run your own trezor server on your own system (so you don't every have to depend on the Trezor company to be in business)?

Bitcoin was a $5-10 billion market at most in late 2013, concentrated on a handful of exchanges, most infamously Mt Gox, which was manipulated by Karpeles' Willie bot followed by the catastrophic loss of Bitcoin and collapse of the whole exchange and fragile ecosystem. You know this, Tera.

Bitcoin is now at least a $200B market cap by itself and has established itself as the trading foundation of an overall crypto market of half a trillion and is even legal tender in Japan of all places, in spite of Mt Gox. There are hundreds of exchanges in dozens of countries and massive infrastructure and overhead now invested in Bitcoin's future. Sure there are many who want to see it fail, mainly governments, regulators and old-school investors, but there are now far too many devoted to seeing it succeed.

I understand the importance of chronic unease and cautious optimism in such a volatile investment. But now it just seems you are just trying to incite doom and gloom, you are trying to instill fear, uncertainty and doubt, you are searching for patterns to corroborate your... hope, is it?? Hope that Bitcoin will continue to fall?  Because it doesn't just seem like fear driving your prognostications. It actually seems like you seriously hoping Bitcoin will stumble and fall into a multi-year bear market and retest old lows. Is this all stemming from regret? Regret that you didn't buy enough to exit this whole game by now and the hope that you can scoop up some more cheap coin?

Rough patches remain ahead, no doubt, but the days of $300 or $3000 coin are Christmas past.

Sorry for posting way off topic this morning, I was in panic mode. I know you guys are always on here, and I appreciate your help. Looks like I actually got my coins back now. (mind blown) I got on this morning to send a transaction, I was watching it on the blockchain, 2 hours later. A separate transaction appeared sending my remaining coins to unknown address. Which turns out, is one of my own hidden addresses. I know change can be sent back to hidden addresses, my understanding is it's always in the same Transaction ID though. This transaction shows on the blockchain with it's own ID but doesn't show in my wallet.

That's the first time I've ever seen a backdoor virus detected on this pc and I definitely did not turn defender off myself. Maybe that's just a coincidence and it was leading to draw the wrong conclusions. I dunno. I did a format and reinstall of windows 3 days ago because windows was reporting corrupt system files when trying to update. I've only installed programs I consider trustworthy since, so I'm really surprised to find a backdoor got on here. Anyway, think I'm going to take a nap when my blood pressure returns to normal.

WTF?! Somebody wants cheap coins.

edit: lol sorry, I'm watching the charts too closely.

I sympathise, in UK too.  

Since HMRC advice is so sketchy (it goes back to a vague 2014 reference effectively saying 'we will treat it all on a case-by-case basis') we are in the dark.

I only cash out in BTC and only (originally) went in via BTC so, I am asking my accountant to simply list all fiat 'in' events and fiat 'out' events and hoping it will be just CGT.  But be aware they can see it as 'badge of trade' and charge as though it was income if they think you're a trader.

I am hoping if I cough up CGT and list only Bitcoin bought and sold and just pay up, they will accept it.

If not, I will find others here in the same position and suggest we club together to get a QC to fight HMRC - as paying 45% income tax will be too much to let pass.

I know you and I have different 'cryptos of choice' but we may end up in the same expensive boat, under the same threat of a massive tax bill.

Odds on they will just take the CGT, but if not...  Let's consider a fight - I think we can probably both afford to chip in for a legal case with others, which they won't have the staff or competence to want to bother with.

Sometimes Dashheads and Moneroans can perhaps find common cause ;-)