Post
Topic
Board Speculation
Re: For all Europeans: BTC 10000 euro
by
LeGaulois
on 03/12/2017, 18:44:34 UTC
Even if I use the euro currency for selling, it does not really affect me psychologically. I usually use the dollar while I talk about Bitcoin or even when I read the news and I think it's the same for the majority of people

The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Yeah, Europeans taxes are so friendly. That's why all the international firms are moving manufactories in poor countries and moving the headquarters in countries with rude taxes like Panama, Belize and Luxembourg. And all this after the countries helped them by giving millions of euros in exchange to stay in the country and create jobs. Now they took the millions and go out of Europe.
I'm the same, my bank account is in Euro, but I look at the price in USD.
I find that the price in Euro is often less accurate than the USD price. When I trade I trade on Bitcoin.de, but the price is all over the place there.

The German system for tax is great, hold for one year and it's tax-free. For those of us who bought in 2014, that is a double bonus (the massive price rise being the other)

AH! Not long ago, while we were in a slack channel, we were talking about the taxes related to Bitcoin. Most of the people were in to debate how it can be good to make a (what I find to be a silly) system à la Paradise Paper. One of them mentioned your country since we are a neighbor, now I understand better.

Here we have to pay taxes no matter if you own the bitcoins since years, even from mining we have to pay. Generally speaking, I think I am fine with paying the taxes and more taxes I pay more I am happy because it means I earn more money