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Showing 20 of 99 results by majorddf
The sellers will soon realize they cant withdraw their real money and must buy bitcoins again to avoid the MtGox bankruptcy, which would make them lose all their real money 
So just hold on and see the price go up again
So just hold on and see the price go up again
Why does this seem to be such a big issue?
Sure you can't withdraw Fiat at GOX, but you can trans your coins to somewhere like LocalBitcoins and sell at 3-8% ahead of GOX... its not hard!
I sell in order to buy more coins at a lower price.
I am much more concerned about the increase in my coin holding, than the fiat I could withdraw after a sale.
After selling at £140 and buying at intervals back down to £115 I increased my stack by 24%.
Whether we go back up, or I buy more heading further down, I am happy either way!
I am much more concerned about the increase in my coin holding, than the fiat I could withdraw after a sale.
After selling at £140 and buying at intervals back down to £115 I increased my stack by 24%.
Whether we go back up, or I buy more heading further down, I am happy either way!
Forgetting the global society for one second and just focussing on our individual societies, because we are all from different countries, with different systems of government and different taxation systems.
This is how I see it, please feel free to correct me if I am wrong:
Government is a construct of a society seeking to organise itself to be more efficient.
Taxation is a construct of government put in place to centralise the funds required to effectively provide services and infrastructure to that society.
Now, no one likes paying taxes, I lose 22% of my salary each month to National Insurance and Income Tax, pay x amount a month for Council Tax, Road Tax, 20% Value Added Tax on anything deemed a luxury and don't even get me started on getting taxed at the pump twice, with Fuel Duty added on top. The coup de grace is having my savings taxed too.
But if we do away with taxation, then who is going to pay for the infrastructure and services?
You expect the world to run on altruism?
I am man enough to admit that freed from the shackles of taxation, you would have a hard time getting me to spend any money on anything except that which benefited me and mine. If everyone did the same, the world we lived in would probably be a worse place to live than it currently is.
Taxation is not perfect, but you can't disagree that as a premise it works.
This is how I see it, please feel free to correct me if I am wrong:
Government is a construct of a society seeking to organise itself to be more efficient.
Taxation is a construct of government put in place to centralise the funds required to effectively provide services and infrastructure to that society.
Now, no one likes paying taxes, I lose 22% of my salary each month to National Insurance and Income Tax, pay x amount a month for Council Tax, Road Tax, 20% Value Added Tax on anything deemed a luxury and don't even get me started on getting taxed at the pump twice, with Fuel Duty added on top. The coup de grace is having my savings taxed too.
But if we do away with taxation, then who is going to pay for the infrastructure and services?
You expect the world to run on altruism?
I am man enough to admit that freed from the shackles of taxation, you would have a hard time getting me to spend any money on anything except that which benefited me and mine. If everyone did the same, the world we lived in would probably be a worse place to live than it currently is.
Taxation is not perfect, but you can't disagree that as a premise it works.
I am in the UK and have not yet cashed out any coin.
However when I do, I understand from a phone call to the HMRC and a cross check of their website, that I will be needing to pay capital gains tax over a certain tax free threshold, reset annually.
So although there is no 'Bitcoin Tax' the act of changing Bitcoin in to Fiat creates a Capital Gain.
So I just have to make sure that I stick within the £10k or so annual threshold and I don't pay a penny.
However, if I do happen to need to or want to exceed that threshold, will I pay the tax? Of course I fucking will, I don't need or want the hassle of a fine or jail time. Anyone who says otherwise is, in my opinion, a total imbecile.
However when I do, I understand from a phone call to the HMRC and a cross check of their website, that I will be needing to pay capital gains tax over a certain tax free threshold, reset annually.
So although there is no 'Bitcoin Tax' the act of changing Bitcoin in to Fiat creates a Capital Gain.
So I just have to make sure that I stick within the £10k or so annual threshold and I don't pay a penny.
However, if I do happen to need to or want to exceed that threshold, will I pay the tax? Of course I fucking will, I don't need or want the hassle of a fine or jail time. Anyone who says otherwise is, in my opinion, a total imbecile.
Simply put from my experience, the main reason that these web apps are HTML/CSS/PHP/Python/Apache/JavaScript/MySQL is because that is what is taught at University if you went there to learn how to code for the web.
Most all web devs that left school in the new millennium regard building for the web using .NET as akin to using tables when creating a layout.
For better or worse, .NET will eventually die a death, purely from not being what is recommended. I have seen several complex web projects which were basically ASP/.NET web projects being converted to HTML/PHP.
Whether you consider this good or not, I leave that up to you.
Most all web devs that left school in the new millennium regard building for the web using .NET as akin to using tables when creating a layout.
For better or worse, .NET will eventually die a death, purely from not being what is recommended. I have seen several complex web projects which were basically ASP/.NET web projects being converted to HTML/PHP.
Whether you consider this good or not, I leave that up to you.
For some reason a couple of the packages were returned to me. I don't know why. I would send them again but the cost of postage is quickly outstripping the cost of the quarters.
I am going to figure out why they were returned to me and then try this again later.
I am going to figure out why they were returned to me and then try this again later.
Not to worry mate, the thought and effort were there!
It's worse than that. Psy has a new video out that in my opinion sucks, yet has had 77 million plus views in two days, but here we are in this forum structuring a system to make their lives better and 99,999999% of those viewers could give a shit.
There is no accounting for taste!
My first thought was domestic, Islamic terrorists don't tend to go for the 'leave a bag and run' approach. They prefer the 'stare at the whites of the enemies eyes as I blow myself up' technique.
I have two British Silver Sixpences, very rare, which were a wedding gift from my Grandmother last year.
This caused me to wonder why coins were no longer made using silver, but rather cupro-nickel. I realise now that the answer is obvious, but it did lead me to realise the excellent investment nature of silver.
Since then I have been set on building an investment stack of coin, using BTC, but to date have not mined enough to get started yet! My GPU is frankly rubbish and my only foray in to ASICS, a BFL jalepeno, is looking like a bust :/
I believe that if the long game is played any investment in Silver is a smart one and would really appreciate it if you decided to help me get started on the road to a nice Silver retirement pot
This caused me to wonder why coins were no longer made using silver, but rather cupro-nickel. I realise now that the answer is obvious, but it did lead me to realise the excellent investment nature of silver.
Since then I have been set on building an investment stack of coin, using BTC, but to date have not mined enough to get started yet! My GPU is frankly rubbish and my only foray in to ASICS, a BFL jalepeno, is looking like a bust :/
I believe that if the long game is played any investment in Silver is a smart one and would really appreciate it if you decided to help me get started on the road to a nice Silver retirement pot
Order 1440, what a pain in the arse walletbit was...!
Why do you say that?
I lost several hours to the "secure card" issue. However, I eventually found out what it was, printed it out, and completed the order.
Now that I know what it is, I think that keeping the secure card, but with an obvious link on the page, e.g., your secure card here, is the way to go.
Precisely, there was no explanation that I/my colleagues could see to explain what the hell the securecard part of the payment process was at the checkout, the knowledge seemed to be assumed. We had to go back to the main walletbit site, find the info, and even when we found the securecard bit, it still didn't explain what the hell it was.
This was not helped by us frantically trying to make our order before out basket timed out.
We eventually figured it out, and the one time card idea is pretty neat.
But it was so different that it confused, and confusing is not good in a time crunch.