Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32669. (Read 26709367 times)
September 02, 2013, 06:02:18 PM
September 02, 2013, 05:46:52 PM
If you have some of your money in another currency and buy something with it, I don't think capital gains would be involved. This is a question for a lawyer but I can't imagine countries, banks, etc. who have their money in other currencies, must pay capital gains on things for purchases made.
I was under the understanding that taxes are paid when going from currency to currency (depending on country). Here in Germany you have no capital gains on BTC's held for over one year.
IAS
I was under the understanding that taxes are paid when going from currency to currency (depending on country). Here in Germany you have no capital gains on BTC's held for over one year.
IAS
buying a house, especially if its a second house... you'll get tax... you can try to pay with bitcoin at never declare it... idk i wouldn't...
You are looking at is as if BTC was an investment. I'm saying you are just holding another currency.
If you go to another country and exchange thousands in that currency and then come home and that currency's value increases, do you pay a capital gains tax on it? I can't imagine that happening.
Now, if you see BTC as a stock, that might be another matter. But, it is a currency.
I don't doubt there can be legal implications, I'm just saying I think it is way too early to speak with any certainty here.
IAS
In the US it is called foreign currency gains and is taxable (alternatively, barter gains). If bitcoin is seen as a functional currency, I read it as giving us a personal use exemption on gains less than $200 -- any transaction with gains higher than that is supposed to be reported. If bitcoin isn't seen as a currency, no exemption. Too lazy to look up and cite but pretty sure this is the case.
September 02, 2013, 05:02:16 PM
September 02, 2013, 04:34:59 PM
This is starting to remind me of the day before the drive through 125. Keep the price within $5 of the wall, buy up to a buck or so of the base of the wall when the asks fill in but don't drop a big bidwall, and keep refreshing small bidwalls to maintain the $5 spread.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Based on the number of triangles in the last month I've wondered if the whales artificially control the creation of triangles using methods like what you are describing. Create the triangle and then punch through it causing a surge of others to join in and help push things up as they follow. I've ponded this before during others times in the market.
You think?
September 02, 2013, 04:31:09 PM
This is starting to remind me of the day before the drive through 125. Keep the price within $5 of the wall, buy up to a buck or so of the base of the wall when the asks fill in but don't drop a big bidwall, and keep refreshing small bidwalls to maintain the $5 spread.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Based on the number of triangles in the last month I've wondered if the whales artificially control the creation of triangles using methods like what you are describing. Create the triangle and then punch through it causing a surge of others to join in and help push things up as they follow. I've ponded this before during others times in the market.
You think?
September 02, 2013, 04:29:42 PM
and how would you know? do you live in japan?
Tough guy on the Bitcoin forum.
We could use the excitement.
On a lighter note, I say the whale is circling and coming in...
IAS
September 02, 2013, 04:20:47 PM
This is starting to remind me of the day before the drive through 125. Keep the price within $5 of the wall, buy up to a buck or so of the base of the wall when the asks fill in but don't drop a big bidwall, and keep refreshing small bidwalls to maintain the $5 spread.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Based on the number of triangles in the last month I've wondered if the whales artificially control the creation of triangles using methods like what you are describing. Create the triangle and then punch through it causing a surge of others to join in and help push things up as they follow. I've ponded this before during others times in the market.
The secret code of the filthy rich whales.
September 02, 2013, 04:09:20 PM
This is starting to remind me of the day before the drive through 125. Keep the price within $5 of the wall, buy up to a buck or so of the base of the wall when the asks fill in but don't drop a big bidwall, and keep refreshing small bidwalls to maintain the $5 spread.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Based on the number of triangles in the last month I've wondered if the whales artificially control the creation of triangles using methods like what you are describing. Create the triangle and then punch through it causing a surge of others to join in and help push things up as they follow. I've ponded this before during others times in the market.
September 02, 2013, 04:03:34 PM
I'd like to know where that 134 wall went. Is that the ammo?
idk i'm buying bullets! September 02, 2013, 04:02:23 PM
September 02, 2013, 03:58:21 PM
I'd like to know where that 134 wall went. Is that the ammo?
September 02, 2013, 03:02:20 PM
September 02, 2013, 02:27:09 PM
This is starting to remind me of the day before the drive through 125. Keep the price within $5 of the wall, buy up to a buck or so of the base of the wall when the asks fill in but don't drop a big bidwall, and keep refreshing small bidwalls to maintain the $5 spread.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
September 02, 2013, 02:02:15 PM
September 02, 2013, 01:35:35 PM
omg... i still have hundreds of dirt fait just sitting there what do i do?
send more fiat and have faith
send more fiat and have faith
or just buy bitcoins with it, like everyone else is doing...
September 02, 2013, 01:26:46 PM
omg... i still have hundreds of dirt fait just sitting there what do i do?
send more fiat and have faith
send more fiat and have faith
September 02, 2013, 01:02:20 PM
September 02, 2013, 12:53:11 PM
Yeah more and more people are figuring out how to get a japanese account (i couldn't though, if you have any insight please shoot me a pm 
September 02, 2013, 12:46:34 PM
Truth is their customer base in Japan is only like 90% smaller than the US and euro customer base. So they probably don't give a fuck about 1 or 2 people withdrawing yen. So that's not representative of their possible problems at all.
Look at the Mt.Gox Yen chart:
http://bitcoincharts.com/markets/
Since a week ago there is more and more volume.
Now near 2.5k today.
September 02, 2013, 12:44:26 PM
Truth is their customer base in Japan is only like 90% smaller than the US and euro customer base. So they probably don't give a fuck about 1 or 2 people withdrawing yen. So that's not representative of their possible problems at all.
what....BTC/YEN is trading strong! buybbuybuy
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