Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9526.

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: rebal15 on August 23, 2019, 12:48:50 PM

if you won't answer, she will practice deception.
if your answer will be no, she won't believe what you say.
if your answer will be yes, she will tell you we don't have money to have children.
if your answer will be yes for the moment, she will try to get as much as she can from you as early as possible.

I guess you have your own unique way around women.

Hey you should meet up with r0ach in rl, you seem to have a lot in common. Kiss

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: bkbirge on August 23, 2019, 03:01:06 PM

Quote from: BitcoinGirl.Club on August 23, 2019, 02:47:25 PM

Quote from: Ludwig Von on August 23, 2019, 02:45:17 PM

Quote from: Ibian on August 23, 2019, 01:30:39 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Denmark is still taxless. It won't STAY that way, getting out while I can.

As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.

How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so.

KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman.

The taxman is not interested in our crypto holdings, because they are not taxable. That is why we do not need to declare anything. The legal concept is that we buy gold or crypto with already income taxed fiat.

serveria.com

legendary

Activity: 2422

Merit: 1191

Privacy Servers. Since 2009.

Quote from: bkbirge on August 23, 2019, 03:01:06 PM

Quote from: BitcoinGirl.Club on August 23, 2019, 02:47:25 PM

Quote from: Ludwig Von on August 23, 2019, 02:45:17 PM

Quote from: Ibian on August 23, 2019, 01:30:39 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Denmark is still taxless. It won't STAY that way, getting out while I can.

As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.

How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so.

KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman.

Who knows perhaps by the time we'll be cashing out countries and states will cease to exist... people will eventually understand that governments are not needed at all - we'll introduce some kind of (blockchain-based?) direct democracy system. Current system is inefficient - we're being overcharged for the social services we're getting because of bureaucracy at all levels. Many just don't realize how archaic this system is.... BTC is just a beginning..

bkbirge

sr. member

Activity: 1197

Merit: 482

Quote from: serveria.com on August 23, 2019, 03:05:19 PM

Quote from: bkbirge on August 23, 2019, 02:58:04 PM

Quote from: g-uid on August 23, 2019, 02:46:00 PM

https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."

Guy seems to think $250,000 USD/BTC is on the horizon, quite a change from the usual Forbes gloom and doom about crypto...

Quote

My point, however, is bitcoin is replacing gold as the safe harbor asset and that is a role that is only going to grow and while there is only $200 billion or so of it, it must fly higher than $5 trillion gold and its entourage of paper proxies.

His point at the end of the article is Trump's incapability to act like an adult with his dumb tweets causes nervous investors to run into the arms of crypto.

Trump is actually pro-bitcoin - if the trade crisis worsens guess where all the money is flowing to? BTC So Trump has actually done more good than bad.

Trump himself is definitely not pro btc, at least from statements he's made, and given he's a septuagenarian whose demonstrated little interest in anything outside his clearly limited comfort zone I can believe it. However his bumbling pompous announcements have the effect of boosting bitcoin because he's so batshit crazy and unpredictable in action that no one trusts his words. That may be good for btc in the short term but is a disaster for actual live people in the long term. I don't think we need the Chief Twit to boost btc, we'll get that without his 'help'. Just my opinion.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Quote from: serveria.com on August 23, 2019, 03:05:19 PM

Trump is actually pro-bitcoin - if the trade crisis worsens guess where all the money is flowing to? BTC So Trump has actually done more good than bad.

When any celebrity or any powerful individual talks about Bitcoin, it gives an exposure. Today or tomorrow or even few years later we will see those people who heard about Bitcoin for the first time from those individuals are joining into Bitcoin. I heard about Bitcoin in 2011/12 (can't remember exact year) for the first time, I do not think it got my attention then but after few years I got involved in Bitcoin.

serveria.com

legendary

Activity: 2422

Merit: 1191

Privacy Servers. Since 2009.

Quote from: bkbirge on August 23, 2019, 02:58:04 PM

Quote from: g-uid on August 23, 2019, 02:46:00 PM

https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."

Guy seems to think $250,000 USD/BTC is on the horizon, quite a change from the usual Forbes gloom and doom about crypto...

Quote

My point, however, is bitcoin is replacing gold as the safe harbor asset and that is a role that is only going to grow and while there is only $200 billion or so of it, it must fly higher than $5 trillion gold and its entourage of paper proxies.

His point at the end of the article is Trump's incapability to act like an adult with his dumb tweets causes nervous investors to run into the arms of crypto.

Trump is actually pro-bitcoin - if the trade crisis worsens guess where all the money is flowing to? BTC So Trump has actually done more good than bad.

bkbirge

sr. member

Activity: 1197

Merit: 482

Quote from: BitcoinGirl.Club on August 23, 2019, 02:47:25 PM

Quote from: Ludwig Von on August 23, 2019, 02:45:17 PM

Quote from: Ibian on August 23, 2019, 01:30:39 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Denmark is still taxless. It won't STAY that way, getting out while I can.

As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.

How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so.

KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman.

bkbirge

sr. member

Activity: 1197

Merit: 482

Quote from: g-uid on August 23, 2019, 02:46:00 PM

https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."

Guy seems to think $250,000 USD/BTC is on the horizon, quite a change from the usual Forbes gloom and doom about crypto...

Quote

My point, however, is bitcoin is replacing gold as the safe harbor asset and that is a role that is only going to grow and while there is only $200 billion or so of it, it must fly higher than $5 trillion gold and its entourage of paper proxies.

His point at the end of the article is Trump's incapability to act like an adult with his dumb tweets causes nervous investors to run into the arms of crypto.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Quote from: Ludwig Von on August 23, 2019, 02:45:17 PM

Quote from: Ibian on August 23, 2019, 01:30:39 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Denmark is still taxless. It won't STAY that way, getting out while I can.

As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.

How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so.

g-uid

member

Activity: 259

Merit: 18

https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."

R0ach: rebuttal?

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: Ibian on August 23, 2019, 01:30:39 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Denmark is still taxless. It won't STAY that way, getting out while I can.

As a private person, non professional, profits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: SuperTA on August 23, 2019, 12:53:17 PM

Quote from: jbreher on August 23, 2019, 12:32:05 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

...
Puerto Rico
...

Puerto Rico is not a country, it is a US territory. And while it has some interesting tax benefits, crypto profits are indeed taxable in Puerto Rico.

Ok, it's a state with some different laws. In Puerto Rico, if you qualify for Act 22 you don't pay tax for crypto. Unless they changed the law. link http://premieroffshore.com/changes-puerto-ricos-act-20-act-22/

No, Puerto Rico is not a state. It is a US territory.

And it is false that crypto profits are not taxed in Puerto Rico. Even under Act 20 and Act 22. Quote from your linked article: "They pay only Puerto Rico tax on these profits and capital gains."

True, it is much lower than US mainland taxation, iff you enter into contract under Act 20 and/or 22. But not zero.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Good evening WO!
Observing @ $10,460

And I am super busy these day. Hate it!

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: ?? on ??

Quote from: Ibian on August 23, 2019, 01:34:24 PM

Quote from: SuperTA on August 23, 2019, 12:53:17 PM

Quote from: jbreher on August 23, 2019, 12:32:05 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

...
Puerto Rico
...

Puerto Rico is not a country, it is a US territory. And while it has some interesting tax benefits, crypto profits are indeed taxable in Puerto Rico.

Ok, it's a state with some different laws. In Puerto Rico, if you qualify for Act 22 you don't pay tax for crypto. Unless they changed the law. link http://premieroffshore.com/changes-puerto-ricos-act-20-act-22/

If a european moved to PR, what would the tax situation look like?

I'm surprised you didn't choose Belarus Tongue

I don't wanna be a sovjetski, comrade. Also they only speak barbaric languages.

bkbirge

sr. member

Activity: 1197

Merit: 482

Quote from: Ibian on August 23, 2019, 01:34:24 PM

If a european moved to PR, what would the tax situation look like?

I'd be more worried about hurricane shelters than tax shelters in Puerto Rico. On the plus side, you probably won't run out of paper towels anytime soon.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: El duderino_ on August 23, 2019, 03:20:23 AM

The world is going cashless; that is inevitable.

The question is if you want your money to be numbers stored in databases with unlimited total supply that can be tampered with

or

numbers stored on an immutable public ledger with a limited total supply

Time for plan ₿

https://twitter.com/cryptobull/status/1164574486924070913?s=21

This is been said nice..... I go for plan BTC

You should be using quotes Mic, even though you provided the original link... so that members can easily distinguish between your words and the words of the tweet that you are citing.... You could either get accused of plagiarism or to mislead some people into believing that you actually are saying the words that you are citing.

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: SuperTA on August 23, 2019, 12:53:17 PM

Quote from: jbreher on August 23, 2019, 12:32:05 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

...
Puerto Rico
...

Puerto Rico is not a country, it is a US territory. And while it has some interesting tax benefits, crypto profits are indeed taxable in Puerto Rico.

Ok, it's a state with some different laws. In Puerto Rico, if you qualify for Act 22 you don't pay tax for crypto. Unless they changed the law. link http://premieroffshore.com/changes-puerto-ricos-act-20-act-22/

If a european moved to PR, what would the tax situation look like?

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Denmark is still taxless. It won't STAY that way, getting out while I can.

gembitz

hero member

Activity: 1848

Merit: 640