Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8642.

bkbirge

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Activity: 1197

Merit: 482

LOL, how is this guy still getting press? ...
https://cointelegraph.com/news/interview-craig-wright-still-999999-sure-that-hell-get-btc-fortune

Quote

Wright said that he formed the trust “back when Bitcoin was not worth anything at all” as a prescient move to secure his prospective assets. When asked why he himself is not one of the trustees, he said:

“Because I’m smart enough not to be. Because then people could force me to actually move coins. You can take things from trustees. If it was mine, people could have seized assets from me.”

efialtis

legendary

Activity: 1750

Merit: 1363

www.gosubetting.com

Quote from: jupiter9 on January 20, 2020, 03:27:04 PM

Quote from: efialtis on January 20, 2020, 01:45:14 PM

Good evening guys,

enjoying some greek wine and observing $8660... You guys with me?!

No! Far away from the greek wines and beaches. Not even close to your moon. Jupiter here! Equivalent of the Greek Zeus!

Where is that man? I feel sorry! Cheesy

Life is good with Greek wine!

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

I thought this had been settled years ago.

It's Jaywick of course.

Sun, sea, affordable property, 'community spirit' which is important as you get older and all a short hop from London.

The ocean is just over the concrete wall at the end.

bkbirge

sr. member

Activity: 1197

Merit: 482

Quote from: Biodom on January 20, 2020, 03:23:56 PM

Where is the world it is pleasantly warm, but not hot at least 8-9 mo/year?
A sea and or a lake is required, preferably english speaking (at least in a large part) populace.
I cannot think of anywhere apart from few small places in The Caribbean, with a threat of hurricanes, etc.
I've been through several hurricanes already, it's a thing to avoid if possible.
Without considering language, I was also thinking about Greece (including Corfu), some Mediterranean islands (Crete, etc.), maybe Canary islands.
Maybe I should learn Spanish or Portuguese, finally.

Suggestions?

Hawaii. Side of the volcano, pick your elevation and you can pick your climate. Then a few minutes to either the summit and wearing a winter jacket, or to the beach and wearing nearly nothing. Of course there's that little issue of cost of living.

jupiter9

member

Activity: 165

Merit: 10

Quote from: efialtis on January 20, 2020, 01:45:14 PM

Good evening guys,

enjoying some greek wine and observing $8660... You guys with me?!

No! Far away from the greek wines and beaches. Not even close to your moon. Jupiter here! Equivalent of the Greek Zeus! Festivals of viniculture and wine were devoted to Jupiter.

Biodom

legendary

Activity: 4004

Merit: 4656

Where is the world it is pleasantly warm, but not hot at least 8-9 mo/year?
A sea and or a lake is required, preferably english speaking (at least in a large part) populace.
I cannot think of anywhere apart from few small places in The Caribbean, with a threat of hurricanes, etc.
I've been through several hurricanes already, it's a thing to avoid if possible.
Without considering language, I was also thinking about Greece (including Corfu), some Mediterranean islands (Crete, etc.), maybe Canary islands.
Maybe I should learn Spanish or Portuguese, finally.

Suggestions?

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: LFC_Bitcoin on January 20, 2020, 03:01:55 PM

Haha!

I was looking at living costs in The Philippines earlier. I thought about nutildah (no homo) & had a little look.

It’s so fucking cheap.

I refuse to move anywhere sweaty. And though I don't know how sweaty it is there it's certainly close enough to other places filled with people sweating to raise my suspicions to Defcon 1.

I could buy a rotating army of small Filipinos to sit in fridges and then run out and press themselves against me until they warm up, but I think I'd rather stay put and incur a bit more expense.

lightfoot

legendary

Activity: 3220

Merit: 2334

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

Eh, it's the price of living in a moderately civilized society. If I was located in a dumpster like Syria or insert name of lawless hellhole I would think differently, but how many of us bitcoiners really live in Detroit?

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: LFC_Bitcoin on January 20, 2020, 02:50:51 PM

The government does not deserve to take so much from us.

as if "deserve" has fuck all to do with it

LFC_Bitcoin

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Activity: 3556

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#1 VIP Crypto Casino

Quote from: gentlemand on January 20, 2020, 02:59:53 PM

Quote from: LFC_Bitcoin on January 20, 2020, 02:58:33 PM

Lol fuck off, your on site gardener will live in a better place than that when you sell Cheesy

Hey, I'm a doer upper.

And I'm researching floating buildings so I may as well start with a disposable one.

Haha!

I was looking at living costs in The Philippines earlier. I thought about nutildah (no homo) & had a little look.

It’s so fucking cheap.

Biodom

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Activity: 4004

Merit: 4656

Quote from: OROBTC on January 20, 2020, 02:07:01 PM

Quote from: Paashaas on January 20, 2020, 10:53:02 AM

Breaking News:U.S. Congress proposes that Crypto transactions below $200 shall be free from taxes!.

Quote

139 G.Gain from disposition of virtual currency

(a)In general
Gross income of an individual shall not include gain, by reason of changes in exchange rates, from the disposition of virtual currency in a personal transaction (as such term is defined in section 988(e)). The preceding sentence shall not apply if the gain which would otherwise be recognized on the transaction exceeds $200.

(b)Virtual currency
For purposes of this section, the term virtual currency means a digital representation of value that is used as a medium of exchange and is not otherwise currency under section 988.

pdf

That would be great if that goes through. I have made a few small purchases that have been annoying to keep track of (esp. cost basis for coins, I use FIFO accounting). The larger purchases (gold) I kept careful track of because they were larger transactions.

Tiny purchases with BTC should be tax-free, the man-hours of doing the accounting are maddening.

even if congress passes it (I doubt it), POTUS would surely veto it (on advise of Sec Treas).

Quote from: gentlemand on January 20, 2020, 02:56:35 PM

Quote from: LFC_Bitcoin on January 20, 2020, 02:50:51 PM

I’m really not happy at the thought of paying 20%, that sucks man. Why should I pay so much money when the majority of my coins were bought for so little.

The government does not deserve to take so much from us.

It is what it is. I priced it in from the off. And it can be much, much worse in other places. Ireland's 33% I think.

If I change my mind I have my eyes on this palace - https://www.rightmove.co.uk/overseas-property/property-88276847.html?currencyCode=GBP but need to get my skates on before going abroad results in gammons stoning you to death.

yea, in US it is similar (up to 20%) on longer term cap gains. 10% would have been more decent, but, whatever.
Brits have one up on us with all that offshoring business. No such thing (except weird Puerto Rico situation) for US citizens.
IF you love that future extra 15-20% so much that you want to live in PR at least 183 days/year, then...
I won't.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: LFC_Bitcoin on January 20, 2020, 02:58:33 PM

Lol fuck off, your on site gardener will live in a better place than that when you sell Cheesy

Hey, I'm a doer upper.

And I'm researching floating buildings so I may as well start with one I can crash a few times.

bkbirge

sr. member

Activity: 1197

Merit: 482

LFC_Bitcoin

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#1 VIP Crypto Casino

Quote from: gentlemand on January 20, 2020, 02:56:35 PM

Quote from: LFC_Bitcoin on January 20, 2020, 02:50:51 PM

I’m really not happy at the thought of paying 20%, that sucks man. Why should I pay so much money when the majority of my coins were bought for so little.

The government does not deserve to take so much from us.

It is what it is. I priced it in from the off. And it can be much, much worse in other places. Ireland's 33% I think.

If I change my mind I have my eyes on this palace - https://www.rightmove.co.uk/overseas-property/property-88276847.html?currencyCode=GBP but need to get my skates on before going abroad results in gammons stoning you to death.

Lol fuck off, your on site gardener will live in a better place than that when you sell Cheesy

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: LFC_Bitcoin on January 20, 2020, 02:50:51 PM

I’m really not happy at the thought of paying 20%, that sucks man. Why should I pay so much money when the majority of my coins were bought for so little.

The government does not deserve to take so much from us.

It is what it is. I priced it in from the off. And it can be much, much worse in other places. Ireland's 33% I think.

If I change my mind I have my eyes on this palace - https://www.rightmove.co.uk/overseas-property/property-88276847.html?currencyCode=GBP but need to get my skates on before going abroad results in gammons stoning you to death.

LFC_Bitcoin

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#1 VIP Crypto Casino

Quote from: gentlemand on January 20, 2020, 02:47:33 PM

Quote from: LFC_Bitcoin on January 20, 2020, 02:45:27 PM

I’d like to see something similar passed in the UK.

Well, we do get a 12 grand or so tax free allowance per year which could be worse.

Capital gains is not one of those taxes that the average voter pays or gives a shit about so I can well imagine it'll rise at some point. It's a pretty soft target. And it would've been 90 billion per cent had Labour gotten in.

I’m really not happy at the thought of paying 20%, that sucks man. Why should I pay so much money when the majority of my coins were bought for so little.

The government does not deserve to take so much from us.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: LFC_Bitcoin on January 20, 2020, 02:45:27 PM

I’d like to see something similar passed in the UK.

Well, we do get a 12 grand or so tax free allowance per year which could be worse and covers some spending. I didn't realise the American rate was zero from the off which is nuts.

Capital gains is not one of those taxes that the average voter pays or gives a shit about so I can well imagine it'll rise at some point. It's a pretty soft target. And it would've been 90 billion per cent had Labour gotten in.

LFC_Bitcoin

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#1 VIP Crypto Casino

I’d like to see something similar passed in the UK.

I don’t think it’s fair I’ll have to pay up to 20% capital gains tax on an investment that I mostly bought in 2014-15.

In Germany there is 0% capital gains tax on assets that you have HODLED for over 12 months.

I’ll figure a way around it, I’ve been playing the system in business for years.

jojo69

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diamond-handed zealot

wait

so we get to launder it in $200 at a time?

transaction fees could eat that up pretty quick

cAPSLOCK

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Note the unconventional cAPITALIZATION!

Quote from: Paashaas on January 20, 2020, 10:53:02 AM

Breaking News:U.S. Congress proposes that Crypto transactions below $200 shall be free from taxes!.

Quote

139 G.Gain from disposition of virtual currency

(a)In general
Gross income of an individual shall not include gain, by reason of changes in exchange rates, from the disposition of virtual currency in a personal transaction (as such term is defined in section 988(e)). The preceding sentence shall not apply if the gain which would otherwise be recognized on the transaction exceeds $200.

(b)Virtual currency
For purposes of this section, the term virtual currency means a digital representation of value that is used as a medium of exchange and is not otherwise currency under section 988.

pdf

This is super huge if it passes. We will all become spenders as we rotate our hoards to a much higher cost basis.

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