Slush pool was under DDOS attack last 2 days and almost unable to mine. I wonder how likely it is for attackers to DDOS some major pools and meanwhile take over 50% of the bitcoin network computing power. Will be interesting to watch how bitcoin infrastructure will handle this. Bitcoin's popularity is getting some criminal minds to be very interested
Butterfly labs officially announced shipping... prepare for the bullrun!!
or not...
Coming of ASICs means just one ... selling pressure. People invested a lot into ASIC hardware and they need to cover the costs. The question is if there's still enough buyers to keep the price at these levels after all the news bitcoin-mania ended. We are in the bear market now. The price may slowly go downwards throughout the whole 2013 like it did after 2011 crash.
Those who don't have Bitcoin in any real amount, think about SEX.
Those who have bitcoin have no need to think about bitcoin. So they have sex.
Sex is for children, adults bitcoin.
Another last chance to buy at 4 digits
Another last chance to buy at 4 digits
Wow, impressive registration date. I would love to hear your story.
Date Registered: November 09, 2010, 06:04:14 AM
Nothing spectacular. At one point I had almost 200 coins, but was selling/trading as it went up over the years. I was also scammed by a few coins during the wild west of bitcoin investing, but dodged a lot of bullets too (i.e. took out my investments before PirateAt40 ran with all the investors money). I have only around 30 left now but thanks to bitcoin I bought a land and build my house without having to pay the mortgage.
My total investment into bitcoin was roughly around 1500 EUR, some coins I bought at 4 EUR a piece. I stopped buying when it went above 30 EUR as that seemed to me as too expensive at that time (first big crash in bitcoin was from around 32 USD top). Since then I'm trading and have some invested in casinos house bankrolls. I still have a normal day job even if the income from trading/investing would cover my expenses, but bitcoin is too unpredictable.
Another last chance to buy at 4 digits
Wow, impressive registration date. I would love to hear your story.
Date Registered: November 09, 2010, 06:04:14 AM
Nothing spectacular.
Haha, the Pirate was a cool story indeed. I can’t remember the return but receiving the collateral back in time must have felt good afterwards.
Yeah, made a very nice profit there. As far as I remember it was like 6% a week.
Dear Bitcoin,
Please stop acting like a bullshit.
When I put you to bed last night you were above 10,000.
I needed you to stay there as I made the decision not to convert you to cash that I need for today.
Then you fell out of the crib, and its gonna cost me about a thousand pesos that I could have really used.
If you could once again go above 10k in the next couple hours that would be just great.
Thanks,
Bye.
I am forwarding this heartly felted letter to bitcoin GOD (Satoshi).
Well, I think Satoshi can only sell, so better let him sleep.
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.
But once you sell it for fiat, they are interested to tax your profit. At least in my country.