Search content
Sort by

Showing 20 of 24 results by frente
Post
Topic
Board Hrvatski (Croatian)
Re: Hrvatski (Croatian)
by
frente
on 29/09/2014, 18:17:55 UTC
Može li se sad tamo u bircu i platiti bitcoinima  Huh
Post
Topic
Board Bitcoin Discussion
Re: 1 Millibitcoin = 1 Millibit, 1 Bitcoin = 1 Bit, How could that be wrong?
by
frente
on 04/05/2014, 06:29:47 UTC
1 bitcoin = 1M bit[coin]s. Do we need both units as currency/symbol? If not, then there's no problem.
Post
Topic
Board Bitcoin Discussion
Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE
by
frente
on 03/05/2014, 15:42:12 UTC
What might happen:

1. BitPay introduces bits
2. Everyone follows (somehow they are forced)
2. All prices converted to bits
3. People start calling bits bitcoins
4. Original bitcoin value gradually forgotten
5. Bit "officially" renamed to bitcoin

Maybe this is the only way to keep bitcoin name for (everyday) currency unit.
Post
Topic
Board Bitcoin Discussion
Re: What should 100 Satoshis be called?
by
frente
on 03/05/2014, 15:14:24 UTC
99% of people still don't know whether 1 BTC equals $440 or $1 equals 2273 BTC. It might be inconvenience for us to redefine bitcoin but other 99% don't care and we get to keep the brand bitcoin in everyday use.
Post
Topic
Board Bitcoin Discussion
Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE
by
frente
on 03/05/2014, 14:20:20 UTC
above is proof of poor people that want to shout to the world "i finally have one bitcoin"

No, your post is the proof of poor people that want to shout to others "I have one bitcoin and you don't!"
Post
Topic
Board Bitcoin Discussion
Re: What should 100 Satoshis be called?
by
frente
on 03/05/2014, 14:01:28 UTC
There is no way in hell you are going to get the whole network to simultaneously re-define a bitcoin. Dumbest idea I've heard in a while.

It doesn't have to be simultaneously if we introduce a new name/symbol equal in value to current bitcoin (100M satoshis). We can call it megabit, megabitcoin (MBTC), ZIB or something else.

In a few months, we can switch completely to (redefined) bitcoin and drop or leave the name for 1M units.

No problems at all.
Post
Topic
Board Bitcoin Discussion
Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE
by
frente
on 03/05/2014, 13:24:50 UTC
Why can't we just rename 100 satoshis as 1 bitcoin?

This is the best solution to me also.

1 BTC = 100 satoshis (instead of 100M)
1 current BTC becomes 1 MBTC (megabitcoin) if needed in the adjustment period.

Exchanges might use rate for 1.000 BTC (1kBTC) = $0.444 or 1 MBTC = $444

What do you think about that? We can continue to use the existing name (bitcoin) and symbol.

1 coffee = 9,123 bitcoins


I don't see the need to introduce new names/symbols like bits. People will quickly adopt to the new meaning (value) of bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: What Do You WISH you could buy with Bitcoin?
by
frente
on 13/04/2014, 19:01:02 UTC
stocks
Post
Topic
Board Legal
Re: How Will the IRS Tax Bitcoin?
by
frente
on 20/01/2014, 18:25:43 UTC
I can declare anything but how will I prove my loss? Screenshots? List of transactions and a statement that the username "btcloser" belongs to me?

It's not that simple. Let's say I buy bitcoins on LocalBitcoins and sell them later for a loss. I declare that loss to IRS - will I be able to deduct that amount from my income? I highly doubt it.



As far as I understand it yes.

I will be doing this exact thing but with gold. I ended up taking a small loss on some gold I bought and then resold.
Post
Topic
Board Legal
Re: How Will the IRS Tax Bitcoin?
by
frente
on 20/01/2014, 14:00:38 UTC
It's not that simple. Let's say I buy bitcoins on LocalBitcoins and sell them later for a loss. I declare that loss to IRS - will I be able to deduct that amount from my income? I highly doubt it.

No, if it happens it's taxable. If you fail to declare it, you are evading taxes and just haven't been caught (yet).
Post
Topic
Board Legal
Re: How Will the IRS Tax Bitcoin?
by
frente
on 20/01/2014, 06:09:02 UTC
Only if you declare that you bought it and have some evidence. You must also have evidence that you either hold it at the end of the year or that you sold it during the year, right?
Post
Topic
Board Legal
Re: How Will the IRS Tax Bitcoin?
by
frente
on 19/01/2014, 21:55:58 UTC
The only reasonable decision to make by IRS is that there's no tax on digital currencies. If I buy btc on LocalBitcoins or similar site anonimously and sell them later for a profit, how will they control that? For gold, stocks etc. it is different because there's no easy way to make anonymous purchases, so they can easily find if someone "forgot" to declare gains.
Post
Topic
Board Bitcoin Discussion
Re: Don't invest in bitcoin; invest in services!
by
frente
on 28/12/2013, 13:36:50 UTC
Maybe $25M invested in Coinbase will turn to $25B stake before BTC rises from $730 to $730k, but I believe BTC will go from $730 to 7.3k before any other investment rises tenfold.


 
Post
Topic
Board Mycelium
Re: Mycelium Bitcoin Wallet
by
frente
on 08/12/2013, 13:57:44 UTC
Cool. BTW, when you go to "Export", the QR code of the key is shown, but not the private key itself (text). I don't see why. I can use the QR code or copy key to the clipboard, but I cannot copy the key by hand directly from this screen.
Post
Topic
Board Mycelium
Re: Mycelium Bitcoin Wallet
by
frente
on 08/12/2013, 11:04:57 UTC
Thank you - this is great!
Post
Topic
Board Mycelium
Re: Mycelium Bitcoin Wallet
by
frente
on 08/12/2013, 10:10:05 UTC
So, now there is no way to see the private key in Mycellium? Although that might be good for security - it prevents using the same backup method used for non-mycellium generated keys.

How can I see the private key from the backup? Do I have to download some Mycellium code from GitHub and compile it on my offline computer?
Post
Topic
Board Hrvatski (Croatian)
Re: Hrvatski
by
frente
on 03/09/2013, 08:20:45 UTC
Štednja BTC-a za razliku od rudarenja je dosadna, a poznato je da su najbolja ulaganja obično dosadna Smiley
Post
Topic
Board Bitcoin Discussion
Re: The $1000 Bitcoin, yes it's worth at least that.
by
frente
on 31/08/2013, 19:39:12 UTC
It will be worth 1000$ somewhere in the future

I think there's 60% chance that it will touch $1000 in 2014 and 99% in 2015.
Post
Topic
Board Marketplace
Re: www.BitKonan.com NEW BITCOIN MARKET with Advanced Trade Management - STOP LIMIT-
by
frente
on 17/07/2013, 09:19:18 UTC
What about 2 factor authentication? Will it be added soon?
Post
Topic
Board Hrvatski (Croatian)
Re: Hrvatski
by
frente
on 16/07/2013, 14:00:53 UTC


Evo BitKonan je izlistan na bitcoinchart.com

mozete nas pratiti na
http://bitcoincharts.com/markets/currency/USD.html
http://bitcoincharts.com/markets/bitkonanUSD.html


pozdrav

Čestitke na site-u: definitivno ću isprobati. Jel' u planu skori prijevod site-a na hrvatski?