Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5852.

hisslyness

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Quote from: BitcoinBunny on March 24, 2021, 09:26:46 AM

Only question I would have if I pay for a Tesla with BTC am I still liable for Capital Gains Tax or not. Huh

Which Country?

In Australia you would be, depending on how long you had held that particular UTXO, you could be entitled to 50% Discount on CGT.

Already had this conversion with my accountant, about best way to handle my Bitcoin in relation to Taxation.

Did you know, if i went on holidays to the US and exchange my AUD to USD, didn't spend it all, brought it back home and changed it back to AUD and made a ~~profit~~ Capital Gain on that amount i had brought back, i would be liable for CGT.

cAPSLOCK

legendary

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Note the unconventional cAPITALIZATION!

Quote from: BitcoinBunny on March 24, 2021, 09:26:46 AM

Only question I would have if I pay for a Tesla with BTC am I still liable for Capital Gains Tax or not. Huh

It depends on where you live. In the US? Yes. You have to pay the tax.

noormcs5

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LFC_Bitcoin

legendary

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@JasonYanowitz
One year ago today

Bitcoin’s price: $6,500

https://twitter.com/jasonyanowitz/status/1374538407645474816?s=21

Quote from: BitcoinBunny on March 24, 2021, 09:26:46 AM

Only question I would have if I pay for a Tesla with BTC am I still liable for Capital Gains Tax or not. Huh

Dunno if you’d be liable but I’m almost certain they wouldn’t find out.

BitcoinBunny

legendary

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Far, Far, Far Right Thug

Only question I would have if I pay for a Tesla with BTC am I still liable for Capital Gains Tax or not. Huh

Olegya199

full member

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HODL

Quote from: heslo on March 24, 2021, 04:55:12 AM

Quote from: Syke on March 24, 2021, 04:37:31 AM

No Moon until Elon posts on WO.

If Elon was already posting here, surely he'd be none other than proudhon? Cheesy

And it's not a fact that Ilon doesn't communicate here among us under some pseudonym! Grin

qqJoja

newbie

Activity: 4

Merit: 0

Quote from: fragout on February 01, 2018, 06:08:29 AM

Quote from: ?? on ??

I reckon there's probably $50 to $100 million in real fiat deposits backing Tether's $2.5 billion in worthless blockchain tokens that were used to blow the 2017 bitcoin bubble.

We're headed back to $1k folks.

Why do you think that? This is the rich list -

380,670,753   Feb 01 09:37 AM   Huobi
1DUb2YYbQA1jjaNYzVXLZ7ZioEhLXtbUru   329,339,572   Feb 01 09:37 AM   Bittrex
1Co1dhYDeF76DQyEyj4B5JdXF9J7TtfWWE   270,000,000   Dec 21 '17, 06:14 AM   Poloniex
1FoWyxwPXuj4C6abqwhjDWdz6D4PZgYRjA   249,963,861   Feb 01 09:37 AM   Binance
1GjgKbj69hDB7YPQF9KwPEy274jLzBKVLh   200,000,000   Jan 31 06:55 PM
1KYiKJEfdJtap9QX2v9BXJMpz2SfU4pgZw   148,821,592   Feb 01 09:37 AM   Bitfinex
12uhUkxpwkD2LGzKHUywoknoJ3fC9vev1x   82,862,390   Jan 26 09:03 AM   Binance
1ApkXfxWgJ5CBHzrogVSKz23umMZ32wvNA   55,715,971   Feb 01 09:37 AM   OKEx

These exchanges presumably had to buy the tether with real $$ in order to list tether on their exchanges in the first place. Whether the money tether received is still tucked away or not is anyone's guess but unless tether gave all these exchanges free tether, your $50 - $100 million doesn't make sense.

Hello,

Do you know to which exchange belongs this address? 1GjgKbj69hDB7YPQF9KwPEy274jLzBKVLh and what address is suppose to be in first raw?

onecall123

sr. member

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Just the start of a New Era.

Anyway for 1 BTCTC = 1 new Tesla it’s not too bad, nah!

rdbase

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Quote from: shahzadafzal on March 24, 2021, 08:03:44 AM

Quote from: lightfoot on March 24, 2021, 07:59:23 AM

Annoying. I just went over to Tesla to pick up a used Model S (there are no new ones) and they want this "Credit card" thing.

No clue what's up with that.

Just stay on the payment page and refresh the page or press F5.

I tried its showing, for the first time it didn’t show to me too

Should be seeing a payment option with the bitcoin button. Grin

source: https://coingape.com/tesla-sets-up-own-bitcoin-node-promises-bitcoin-wont-be-converted-to-fiat/

Also there were alot of others who were "speculating" whether Elon was going to sell Tesla's bitcoin since they had already profited $1billion on just HODLing. Wink

JimboToronto

legendary

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You're never too old to think young.

Good morning Bitcoinland.

Still consolidating in the $5xxxx range... currently $57199USD/$71960CAD (Bitcoinaverage).

Time to move on up. Go Bitcoin go.

Quote from: LFC_Bitcoin on March 23, 2021, 10:46:33 PM

Historically April #Bitcoin has been explosive

https://twitter.com/dustinwatchman/status/1374566794254516224?s=21

The chart conveniently omits April 2013 when Bitcoin crashed by over 80% from $266 down under $50.

Quote from: serveria.com on March 24, 2021, 06:09:57 AM

Sometimes noobs do deserve to be bashed Grin

Especially when they start blathering on about bullshit like "crypto", ICOs or NFTs.

shahzadafzal

copper member

Activity: 1526

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Quote from: El duderino_ on March 24, 2021, 04:04:51 AM

A merit reward for best meme that reflects the power of musk tweets

!!!!!

Best shots thx

To the moon... to the Mars!!!

shahzadafzal

copper member

Activity: 1526

Merit: 2890

Quote from: lightfoot on March 24, 2021, 07:59:23 AM

Annoying. I just went over to Tesla to pick up a used Model S (there are no new ones) and they want this "Credit card" thing.

No clue what's up with that.

Just stay on the payment page and refresh the page or press F5.

I tried its showing, for the first time it didn’t show to me too

lightfoot

legendary

Activity: 3220

Merit: 2334

I fix broken miners. And make holes in teeth :-)

Annoying. I just went over to Tesla to pick up a used Model S (there are no new ones) and they want this "Credit card" thing.

No clue what's up with that.

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: shahzadafzal on March 24, 2021, 02:53:40 AM

He's our hero...!!!

Some one let him join us on Bitciontlak and here on WO

AWwww hell no! Elon ain't gonna OG on us like Junebug!

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: LFC_Bitcoin on March 20, 2021, 11:10:00 AM

Quote from: WastedLTC on March 20, 2021, 10:37:58 AM

Quote from: strawbs on March 20, 2021, 06:46:48 AM

Unfortunately, some people who know I have bitcoin seem not to care for my opsec and will happily discuss the fact that I hold btc with anyone they feel like. Which is annoying, since I don't go around talking about anyone else's finances. So I am wondering how to address this issue. It didn't seem to matter many years ago that I had told a few of my friends about my btc holdings but now, at these prices, it's something I wish I hadn't done.

Anyone else in the same boat?

Pretty much everyone...

Yeah, I was discussing this with my gf the other day. She has family members that have told loads of other family members. It’s really irritating, I don’t want to be having to face questions like -

‘So how many bitcoin do you have’
‘What are they all worth’
‘When will you sell’

Mind your own damn business. I don’t ask to see your wages or bank statements, assholes.

Yeah it’s suddenly started for me. People asking how many I have, including teen kids of friends. I don’t tell them of course but still.

rdbase

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